2011-03-14T15:38:11-05:00 2010-07-31 RSM MCGLADREY INC 110 SOUTH PHILLIPS AVE STE 300 SIOUX FALLS SD 571046058 990 2009-08-01 460224588 Augustana College Association AUGU 6052740770 2001 SOUTH SUMMIT AVE SIOUX FALLS SD 57197 Thomas M Meyer 6052740770 2011-03-14 1 Kay L Hegarty 6053369955 2009 2016-02-24 21:20:13Z Thomas M Meyer 2001 SOUTH SUMMIT AVE SIOUX FALLS SD 57197 74428780 0 X www.augie.edu X 1860 SD AUGUSTANA COLLEGE IS A PRIVATE, FOUR-YEAR COLLEGE AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, OFFERING STUDENTS OF VARYING BACKGROUNDS & INTERESTS AN EDUCATION THAT COMBINES A BROAD FOUNDATION IN THE LIBERAL ARTS WITH PREPARATION FOR PROFESSIONAL CAREERS OR ADVANCED STUDY. AUGUSTANA'S CURRICULUM REFLECTS ITS DESIRE TO PROVIDE STUDENTS WITH AN EDUCATION THAT PROMOTES INTELLECTUAL GROWTH, PROVIDES A FIRM FOUNDATION FOR PROFESSIONAL ACHIEVEMENT, & ENCOURAGES STUDENTS TO SEEK OPPORTUNITIES FOR SERVICE. THE HEART OF THE UNDERGRADUATE PROGRAM IS THE CORE OF LIBERAL STUDIES: STUDENTS TAKE NEARLY HALF OF THEIR CREDIT HOURS IN AREAS SUCH AS UNDERSTANDING THE SELF IN INTERPERSONAL RELATIONS; MATHEMATICAL REASONING; WRITTEN COMMUNICATION; ORAL COMMUNICATION OR ANALYTICAL REASONING; LANGUAGES; LITERATURE AND FINE ARTS; THE WESTERN HERITAGE; HUMAN BEHAVIOR & SOCIAL INSTITUTIONS; INTERCULTURAL STUDIES; NATURAL SCIENCE; EXPLORING THE CHRISTIAN TRADITION; AND FAITH & MEANING. 29 29 1634 0 -192523 -192523 9971629 9921646 46709872 50143642 -7912461 1226265 55337 -136584 48824377 61154969 17290431 18894703 0 24286217 24444015 0 1423105 14712881 13994911 56289529 57333629 -7465152 3821340 117141317 122910400 32062414 30782194 85078903 92128206 Inspired by Lutheran scholarly tradition and the liberal arts, Augustana provides an education of enduring worth that challenges the intellect, fosters integrity and integrates faith with learning and service in a diverse world. 0 0 50535924 18894703 48835227 INSTRUCTION: 1771 UNDERGRADUATE AND 22 GRADUATE STUDENTS DURING THE 2009/2010 ACADEMIC YEAR. 1271856 1308415 RESEARCH: INSTITUTION PRESENTLY HAS 27 FEDERAL GRANTS. 51807780 1 1 0 1 0 0 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 163 0 1 1634 1 1 1 1 CJ EI 0 0 1 1 1 1 1 7 0 0 29 29 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Carol Spillum 6052740770 2001 S SUMMIT AVE SIOUX FALLS SD 57197 Dennis Anderson 4.00 X X 0 0 0 John Thomas 4.00 X X 0 0 0 LOIS MARTIN 4.00 X X 0 0 0 ROB BROIN 4.00 X 0 0 0 WILLIAM DANNEHL 4.00 X 0 0 0 TOM DAVIS 4.00 X 0 0 0 KIRK DEAN 4.00 X 0 0 0 DANAE DELMAN 4.00 X 0 0 0 LAURA DOSHIER 4.00 X 0 0 0 Don Jacobs 4.00 X 0 0 0 George Kapplinger 4.00 X 0 0 0 JENNIFER KIRBY 4.00 X 0 0 0 JERRY KNUDSON 4.00 X 0 0 0 DAVID LILLEHAUG 4.00 X 0 0 0 BILL LINDQUIST 4.00 X 0 0 0 JOHN LUST 4.00 X 0 0 0 JIM ODLAND 4.00 X 0 0 0 MIKE OLSON 4.00 X 0 0 0 TANYA OYOS 4.00 X 0 0 0 KAREN PFEIFER 4.00 X 0 0 0 LAUREL PRIEB 4.00 X 0 0 0 GAYLE REARDON 4.00 X 0 0 0 Rita Robison 4.00 X 0 0 0 LOWELL STORTZ 4.00 X 0 0 0 BRAD TWEDT 4.00 X 0 0 0 JOHN VANDERWOUDE 4.00 X 0 0 0 GREG WILCOX 4.00 X 0 0 0 BECKY BLUE 4.00 X 0 0 0 ROBERT OLIVER 40.00 X X 187498 0 17664 THOMAS M Meyer 40.00 X X 106206 0 16714 MARK J BRAUN 40.00 X 148307 0 16114 JONATHAN M HENKES 40.00 X 146201 0 15200 ROBERT PRELOGER 40.00 X 102772 0 13200 JIM BIES 40.00 X 95300 0 16914 MURRAY J HAAR 40.00 X 97227 0 4400 690984 0 78892 5 0 1 0 Sioux Falls Construction Co PO Box 2728 Sioux Falls SD 571012728 Contractor 4383803 Sodexo Inc 2001 S Summit Ave Sioux Falls SD 57197 Food Service 2630098 GIL HAUGAN CONSTRUCTION INC PO BOX 84430 Sioux Falls SD 571184430 Contractor 1622105 Daktronics 201 Daktronics Dr Brookings SD 570065128 Contractor 898875 EIIA 200 South Wacker Drive Chicago IL 60606 Services 512176 20 32137 2272619 7616890 350144 9921646 Tuition and fees 611600 40619415 40619415 Sales and service of a 611710 6885048 6885048 Sales and service educ 611710 1546241 1546241 Other 611710 1092938 1092938 50143642 1191302 1191302 262645 414447 -151802 -151802 -151802 12793430 3810 12709608 52669 83822 -48859 34963 34963 119009 32137 85553 33456 33456 34017 11534 22483 22483 K-1 Ordinary Income 525990 -40721 -40721 -40721 61154969 50143642 -192523 1282204 18894703 18894703 1225157 218274 816822 190061 17611763 14548872 2475480 587411 895952 678820 172434 44698 3455201 2345972 975383 133846 1255942 982483 221974 51485 21906 21906 56704 56704 5774 5774 284280 112815 163001 8464 988282 456999 393594 137689 276860 179165 97635 60 1535116 670622 857861 6633 1130994 950328 139362 41304 151881 123961 24529 3391 606970 606970 2217838 2217838 337016 104127 232130 759 Food & Provisions 2166163 2166163 Contracted services 1266839 1195468 3791 67580 Supplies 1139337 765407 354799 19131 Small equipment purchas 719748 506546 206323 6879 Hospitality 527123 302938 116384 107801 562080 3773535 -3227368 15913 57333629 51807780 4102744 1423105 44305 30693 6675403 5291135 5778347 4959811 1770440 1361437 6022482 6304966 315812 264816 578346 397193 96476691 38244577 56510211 58232114 31198141 34180168 8145200 11794893 102630 93174 117141317 122910400 3416549 2312182 6450443 6414212 2642299 2755077 17685214 16814991 1867909 2485732 32062414 30782194 X 30900515 33667621 15983767 16260707 38194621 42199878 85078903 92128206 117141317 122910400 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2772 2772 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: THE FIVE MEMBER COLLEGES OF THE SOUTH DAKOTA FOUNDATION fOr INDEPENDENT COLLEGES HAVE AGREED TO SHARE EQUALLY IN THE EXPENSES FOR A LOBBYIST. THE AMOUNT REPORTED REFLECTS AUGUSTANA'S PORTION. 62405 X X X 0 43025572 4107427 4569422 1755511 49946910 52286269 1352242 -8127597 2436899 48443 43025572 0.02540 0.97460 1 0 342946 716525 1059471 1980877 76166499 30109855 48037521 43355 8346676 5808176 2581855 48957 8830856 2326546 6553267 58232114 Other Investments 195290 F CSV OF LIFE INS POLICIES 1089763 F Hedge Funds and Partnership 10509840 F 11794893 ANNUITIES PAYABLE 1066162 Deposit accounts 388937 Funds held in custody for others 328655 Swap Agreement 701978 2485732 61154969 57333629 3821340 3642740 158053 -572830 3227963 7049303 46613295 3642740 158053 -18894722 -15093929 61707224 -552255 -552255 61154969 39077763 638856 638856 38438907 18894722 18894722 57333629 Part X: Description of Uncertain Tax Positions Under FIN 48: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY UNRELATED INCOME UNDER SECTION 511 OF THE CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE COLLEGE ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JULY 31, 2010. MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. the THE COLLEGE FILES AN INFORMATIONAL 990 TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE COLLEGE IS SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR THE YEARS ENDED JULY 31, 2010, 2009, 2008 AND 2007. THE COLLEGE HAS NO FEDERAL OR STATE EXAMINATIONS CURRENTLY IN PROGRESS. Part XI, Line 8 - Other Adjustments: Swap Agreement: -486229. K-1 Income not recorded on books: 40721. Actuarial adjustments: -125943. Cost of Goods Sold Adjustment: -1379. Part XII, Line 2d - Other Adjustments: Grants & Scholarships Paid: -18894703. CENTRAL SERVICES: -19. Part XII, Line 4b - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE: -414447. Cost of Goods Sold: -11534. K-1 LOSS: -40721. Event expenses netted with revenue: 0. FUNDRAISING EXPENSES NETTED WITH REVENUE: -85553. Part XIII, Line 2d - Other Adjustments: Cost of Goods Sold: 11534. RENTAL EXPENSES SHOWN AS REVENUE: 414447. ACTUARIAL ADJUSTMENT: 125943. FUNDRAISING EXPENSES SHOWN AS REVENUE: 85553. COST OF Goods Sold ADJUSTMENT: 1379. Part XIII, Line 4b - Other Adjustments: Grants & Scholarships Paid: 18894703. CENTRAL SERVICES: 19. 1 1 0 ALL OF AUGUSTANA'S BROCHURES & CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS, & SCHOLARSHIPS INCLUDE THE RACIALLY NONDISCRIMINATORY POLICY AS TO THE STUDENTS. FURTHERMORE, ALL WRITTEN ADVERTISING GIVEN TO PROSPECTIVE STUDENTS CONTAINS THE POLICY STATEMENT. UPWARDS OF 65% OF THE STUDENTS ARE FROM OUTSIDE THE STATE OF SOUTH DAKOTA & APPROXIMATELY 5% OF THE 2009 ENROLLMENT WAS MADE UP OF MINORITY STUDENTS WHICH IS REASONABLE IN THE AREA AUGUSTANA IS LOCATED. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 AUGUSTANA COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK-STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EMPLOYMENT OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF SOUTH DAKOTA. 1 Europe (Including Iceland & Greenland) INVESTMENTS Central America and the Caribbean INVESTMENTS 0 0 0 Booster Auction 87568 2870 84698 33903 Golf Tournament 26360 15820 10540 21107 3 37218 13447 23771 30543 151146 32137 119009 85553 85553 33456 1 Augustana Grants & Scholarships 1783 16949660 FMV Endowment Scholarships 649 1548934 FMV Supplemental Education Opportunity Grants 194 396109 fMV Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Augustana has a Policy and Procedure manual that is followed when determining need and the order in which grants are awarded to students. Grant funds are monitored through electronic compliance checks in our student data software. Checks and balances are in place to ensure proper authorization and disbursement of federal funds. Individuals that have responsibility for these functions are organized independently from one another. X X 1 1 X 0 0 0 0 0 0 0 0 0 ROBERT OLIVER 187498 0 0 0 0 0 0 0 17664 0 205162 0 0 0 MARK J BRAUN 148307 0 0 0 0 0 0 0 16114 0 164421 0 0 0 JONATHAN M HENKES 146201 0 0 0 0 0 0 0 15200 0 161401 0 0 0 Part I, Line 1a The college pays 50 dollars a month for a cleaning service for the President since the President holds college related activities at his personal residence. The college also pays for the presidents annual golf membership to the country club. COUNTY OF LINCOLN SOUTH DAKOTA 466000082 NONEAVAIL 2005-12-01 7000000 LAND, BUILDINGS AND STRUCTURES, EQUIPMENT, REFUNDING OF PRIOR ISSUE 0 0 cOUNTY OF LINCOLN SOUTH DAKOTA 466000082 NONEAVAIL 2008-12-10 9000000 BUILDINGS AND STRUCTURES, EQUIPMENT 0 0 7000000 40000 1550000 5450000 2006 1 0 1 1 9000000 119945 8880055 2009 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 Wells Fargo 4.810000000000 0 0 1 0 1 0 Wells Fargo 3.640000000000 0 0 1 X 1 24000 COST OR SELLING PRICE X 1700 FMV X 12 211446 MEANS PRICE X food/gift cards/certificates 51 40144 cost or selling price X sign 3 4000 cost or selling price X FURNITURE/EQUIPMENT 13 15850 FMV X INSURANCE POLICY 1 53004 FMV 0 1 1 Third Party Use: Part I, Line 32b: THE ORGANIZATION USES BROKERS TO SELL GIFTS OF STOCK. Form 990, Part VI, Section A, line 6 The Augustana college Association is affliated with the Evangelical Lutheran Church in America (ELCA). The congregational members of the association consist of all ELCA congregations in the South Dakota Synod, Nebraska Synod, Southwestern Minnesota Synod and Western Iowa Synod. Form 990, Part VI, Section A, line 7a The voting members of the association consist of 160 delegates--40 delegates from each of the four supporting synods--and all elected members of the Board of Trustees. Each synod may develop its own process for electing or appointing voting delegates provided that each ELCA designated conference or cluster within the synod is represented by a minimum of one clergy delegate and one lay delegate. Form 990, Part VI, Section B, line 11 Staff prepare answers and documentation which is reviewed by the Associate Vice President for Finance prior to submission to the paid preparer. The Associate Vice President for Finance is in constant contact with the paid preparer during the Form 990 preparation process. Prior to submission, key Augustana staff and selected Board Members review the document and authorize submission. A copy of the return is provided to the entire board before filing. Form 990, Part VI, Section B, line 12c The College has a conflict of interest policy and all officers, directors and key employees are required to annually file a statement regarding potential conflicts and disclosing any potential issues. Conflicts of interest are discussed on an individual basis when presented. Questions are asked of individuals who may have a conflict of interest when such an issue may arise; after determination of a conflict, conflict of interest policies are followed. Individuals with prior conflicts are revisited when circumstances change. Form 990, Part VI, Section B, line 15a Compensation for the President is determined by the Board of Trustees. Other compensation is calculated within budget constraints using a variety of data gathering tools. National average and median salary information is collected along with average and median salary information from institutions of similar size and purpose. Amounts are approved through a budgeting process and are then brought before the Board of Trustees subcommittees, and ultimately the Board of Trustees, for approval. Form 990, Part VI, Section C, line 19 Requests for governing documents and conflict of interest policies are made available by request through the Assistant Secretary and/or the Associate Vice President for Finance. Form 990, Schedule B: Anonymous Donor The donor that has been listed as "Anonymous" on Schedule B is listed this way because this is part of the terms of the gift. The contribution will be reneged if the donor becomes known.