2011-05-16T12:14:49-05:00 2010-06-30 RSM McGladrey Inc 110 S Phillips Ave Suite 300 Sioux Falls SD 571046721 990 2009-07-01 460224600 University of Sioux Falls UNIV 6053316592 1101 West 22nd Street Sioux Falls SD 571051600 Susan Thie 6053316592 2011-05-12 1 Tracy A Peterson 6053369955 2009 2016-02-24 21:20:13Z Mark Benedetto 1101 West 22nd Street Sioux Falls SD 571051600 41806744 0 X www.usiouxfalls.edu X 1883 SD The University of Sioux Falls, a Christian university in the liberal arts tradition, educates students in the humanities, sciences and professions. 43 41 770 0 77976 -389 3890602 2899603 24959851 26278133 -1079676 617404 864640 992088 28635417 30787228 8078880 8963599 0 11193892 10633897 0 576515 8557542 9456687 27830314 29054183 805103 1733045 75906795 84828786 31275860 38334308 44630935 46494478 The traditional motto of the university is Culture for Service; that is, we seek to foster academic excellence and the development of mature Christian persons for service to God and humankind in the world. 0 0 23238928 8963599 27468465 HIGHER EDUCATION: DEPARTMENT EXPENSES FOR ALL SALARIES, PAYROLL TAXES, BENEFITS, SUPPLIES, MISCELLANEOUS--PROVIDING HIGHER EDUCATION TO OVER 1,347 STUDENTS 23238928 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 52 0 1 770 1 1 1 0 0 0 0 1 1 0 0 0 43 41 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X susan thie 6053316592 1101 W 22nd St sioux falls SD 571051600 Dr Paula O'Neil-Weedon 5.00 X X 0 0 0 John Lillibridge 5.00 X X 0 0 0 Dorothy Johnson Caselli 5.00 X X 0 0 0 Jim Bailey 5.00 X 0 0 0 William Ballenger 5.00 X 0 0 0 Pat Barber 5.00 X 0 0 0 Captain Richard Barcus 5.00 X 0 0 0 Dr Fred Bellum 5.00 X 0 0 0 Dwight Beukelman 5.00 X 0 0 0 Earl W Bonacker 5.00 X 0 0 0 Dr John Collier 5.00 X 0 0 0 Ryan P Correa 5.00 X 0 0 0 Jan DeWitt 5.00 X 0 0 0 Dr Jason Douma 5.00 X 54793 0 8098 Dr Carol Evans 5.00 X 0 0 0 Dr Roger Fredrikson 5.00 X 0 0 0 Richard Garside 5.00 X 0 0 0 Paul Hammond 5.00 X 0 0 0 Dr Randi Hart 5.00 X 0 0 0 Ronnie Hawkins 5.00 X 9220 0 0 Mary Hull 5.00 X 0 0 0 Dan Hylland 5.00 X 0 0 0 Merle Johnson 5.00 X 0 0 0 Robert R Larsen 5.00 X 0 0 0 Tom Lillibridge 5.00 X 0 0 0 Ellie Marshman 5.00 X 0 0 0 Barbara McMurchie 5.00 X 0 0 0 Max Merry 5.00 X 0 0 0 Rev Stanley Murdoch 5.00 X 0 0 0 Gayle Nelson 5.00 X 0 0 0 Susan Norberg 5.00 X 0 0 0 REV SHAWN NORTON 5.00 X 0 0 0 Dr Gary Olson 5.00 X 0 0 0 Dr David Rossing 5.00 X 0 0 0 Dr Marlan Scully 5.00 X 0 0 0 DR Gordon A Stewart 5.00 X 0 0 0 Dr Marian D Sullivan 5.00 X 0 0 0 Kimberley Thune 5.00 X 0 0 0 Dr Riley Walker 5.00 X 0 0 0 Floretta Ward 5.00 X 0 0 0 Tiena Zbornik 5.00 X 0 0 0 BECKY NELSON 5.00 X 0 0 0 SCOTT RYSDON 5.00 X 0 0 0 Benedetto Mark 50.00 X 186721 0 62148 Bradfield Brett 50.00 X 100057 0 9073 Hoffman Dennis 50.00 X 88631 0 9044 Fritz Greg 50.00 X 82764 0 8955 Hiatt Jon 50.00 X 63758 0 8520 Gednalske Julie 50.00 X 49705 0 1109 William Bartell 40.00 X 52282 0 8277 Susan Thie 40.00 X 51532 0 471 Christopher Bouwman 40.00 X 39920 0 7976 Jeff Veltkamp 40.00 X 50765 0 8018 Jernberg Beth L 40.00 X 93860 0 8474 Barbara Vellenga 40.00 X 110892 0 9133 941040 0 140822 3 0 1 0 Sioux Falls Construction 800 S 7th Ave Sioux FAlls SD 57104 Contractor 2751679 Aramark Campus Services 1101 Market St Philadelphia PA 19107 Food Service Contractor 1137045 First Administrators 1331 Grand Avenue Des Moines IA 50306 Healtcare Provider 589709 EIIA 200 S Wacker Drive Suite 1000 Chicago IL 60606 Insurance Provider 271034 Miller Sellers Heroux Architects 625 s minnesota ave ste 204 Sioux Falls SD 57104 Architectural Services 253139 8 114882 1176271 1608450 3394 2899603 Tuition and Fees 611600 23398567 23398567 Student Housing 611710 1645783 1645783 Food Services 611710 1233783 1233783 26278133 341184 341184 10825645 10549425 276220 276220 276220 705024 470091 234933 234933 Other Income 541800 757155 679179 77976 757155 30787228 27468465 77976 341184 8963599 8963599 705956 705956 7870385 6379990 1265214 225181 1461243 1065053 343880 52310 596313 435308 143115 17890 58343 49816 8527 191514 191514 142014 69662 62564 9788 1503697 1012593 400385 90719 709596 350326 359270 425873 367334 47960 10579 816262 729162 87100 2175245 1933358 221440 20447 309068 120393 188675 CONTRACTUAL SERVICES 1683861 1277280 378149 28432 Maintenance 363630 63026 299732 872 Tuition Remission 302136 302136 Special Events 170960 61380 6521 103059 Miscellaneous 170067 137001 30465 2601 434421 273463 154848 6110 29054183 23238928 5238740 576515 6466116 3873916 134001 3045391 1902671 817197 1137695 1780925 1646403 122748 138052 520949 691430 67884311 17687317 48410415 50196994 5958530 7793739 1832113 9669241 6952411 7644644 75906795 84828786 1862005 1922101 1569338 1565726 5335926 5084903 18567890 25560000 579469 547045 3361232 3654533 31275860 38334308 X 31500746 33345412 5739960 5996634 7390229 7152432 44630935 46494478 75906795 84828786 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11118364 276456 1747671 525325 12617166 14557534 400997 -3058541 781626 11118364 0.02850 0.97150 1 1 1 2732720 2732720 46982122 9117234 37864888 10550780 6812795 3737985 7618689 1757288 5861401 50196994 Investments limited as to use 9669241 F 9669241 related party receivable 6077579 cash surrender value of life insurance 629740 split-interest agreements 937325 7644644 annuity obligations 724243 interest rate swap liability 906904 deposits held in custody for others 249865 payable to university of sioux falls foundation 1773521 3654533 30787228 29054183 1733045 334727 -204229 130498 1863543 22250773 334727 -9226391 -8891664 31142437 -355209 -355209 30787228 20502113 470091 470091 20032022 9022161 9022161 29054183 Part V, Line 4: Description of Intended Use of Endowment Funds: To advance and support education through providing assistance to, and benefits for, the University of Sioux Falls and its students, faculty and programs. Part XI, Line 8 - Other Adjustments: Change in Fair Value of Interest Rate Swap: -285751. Changes in value of annuity obligations: 26372. Change in value of split interest agreements: 55149. Rounding: 1. Part XII, Line 2d - Other Adjustments: Changes in value of annuity obligations: 26372. scholarships netted with tuition: -8963599. change in fair value of interest rate swap: -285751. Sales Tax: 0. Change in value of split interest agreements: 55149. Investment expenses netted with Investment income: -58562. Part XII, Line 4b - Other Adjustments: Cost of Goods Sold: -470091. support from the university of sioux falls foundation: 114882. Part XIII, Line 2d - Other Adjustments: Cost of Goods Sold: 470091. Part XIII, Line 4b - Other Adjustments: scholarships netted with tuition: 8963599. Investment expenses netted with investment income: 58562. 1 1 1 University brochures, catalogs, advertising, etc. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY PARTICIPATES IN THE FEDERAL GOVERNMENT STUDENT FINANCIAL AID PROGRAMS AND RECEIVES OTHER VARIOUS FEDERAL GRANTS. PARTICIPATION IN THE STUDENT FINANCIAL AID PROGRAM IS AS FOLLOWS: PERKINS LOANS, COLLEGE WORK-STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, PELL GRANTS, AND STAFFORD LOANS. 1 1 Unfunded Institutional Aid 981 8064551 Cash Institutional Aid 264 166370 Endowed Scholarships 345 394017 Federal Scholarships 392 338660 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: For federal and pass-through grants for programs, each grant has a grant manager. On a monthly basis, the business office reconciles expenses incurred for each grant and verifies with the respective grant manager. Once confirmed, the business office requests reimbursement from the respective awarding agency. For scholarships, financial aid reviews the specific criteria for awarding to students. The business office does a reconciliation of expenses (financial aid awarded) before drawing down actual dollars from the endowment (both the University of Sioux Falls and the University of Sioux Falls Foundation) and federal financial aid. For programs, there are two different methods used: Some programs have "budget managers" who are aware of the funds available via the business office and spend accordingly. For those programs without "budget managers" and for unrestricted endowments, the business office ensures that there are expenses incurred in those specific departments before drawing down actual dollars. In all cases for the endowments, the business office does a reconciliation to ensure that the proper dollar amount is calculated, awarded/expensed, and drawn down. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 Benedetto Mark 186721 0 0 0 0 0 20247 0 41901 0 248869 0 0 0 Part I, Line 1a The president is a member of the clergy and the housing allowance is treated according to the housing allowance rules for clergy. Part I, Line 1b The president is a member of the clergy and the housing allowance is treated according to the housing allowance rules for clergy. The allowance is not part of his contract but a portion of his base pay that is classified separately since he is a member of the clergy. south dakota health and educational facilities authority 460315509 83755VJR6 2005-02-23 6000000 finance acquisition and construction of improvements to facilities 0 0 South dakota health and educational facilities authority 460315509 noneavail 2010-05-28 18000000 Refunding and construction of improvements to facilities 0 0 0 0 1 1 18000000 7992942 2026150 300000 5313117 2010 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 Financial Aid Student of the University Financial Aid Amount $ 6750. Form 990, Part VI, Section A, line 2 John Lillibridge and Tom Lillibridge have a family relationship and a business relationship. Form 990, Part VI, Section B, line 11 Management (at least 2 CPAs on staff) reviews form 990 before it is filed. The University of Sioux Falls intends to have a copy of Form 990 available for the governing body to review for FY 2010/2011. Form 990, Part VI, Section B, line 12c Known conflicts of interest are reviewed at each board meeting or when a resolution needs to be approved. Form 990, Part VI, Section B, line 15a The Personnel Committee of the Board of Trustees acts on behalf of the full board. The Committee reviews a CCCU compensation survey to assist with drafting a compensation package. The compensation package is then voted on by the Personnel Commmittee. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available for inspection upon request. Form 990, Part XI, Line 2c: The procedure for selecting auditors has not changed from the prior year. University of Sioux Falls Foundation 1101 W 22nd St Sioux Falls SD 57105 460439977 fundraising SD 501(c)(3) 11a university of sioux falls 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 university of sioux falls foundation C 114882 university of sioux falls foundation D 6126559 university of sioux falls foundation E 1773521 university of sioux falls foundation P 104198 university of sioux falls foundation Q 112386