2024-02-24T14:12:36-06:00 2023-05-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-06-01 470376524 NEBRASKA WESLEYAN UNIVERSITY NEBR 4024652119 5000 ST PAUL AVE LINCOLN NE 68504 TRISH GADE-JONES VICE PRESIDENT FOR FIN & ADMIN 4024652119 2024-02-13 1 TRISH GADE-JONES 888008888 0 KAREN A GRIES P00078514 6128764500 2024-02-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z DARRIN GOOD 5000 ST PAUL AVE LINCOLN NE 68504 95027274 0 X WWW.NEBRWESLEYAN.EDU X 1887 NE AN ACADEMIC COMMUNITY DEDICATED TO INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHRISTIAN ENVIRONMENT. 32 29 1111 100 47144 0 11268632 5881124 69606871 68013372 8057493 2715453 796565 1092831 89729561 77702780 37708245 37003295 0 0 26590370 26113278 0 0 2391436 15959786 16542166 80258401 79658739 9471160 -1955959 153945298 149515883 17355659 17332603 136589639 132183280 X NEBRASKA WESLEYAN UNIVERSITY IS AN ACADEMIC COMMUNITY DEDICATED TO INTELLECTUAL AND PERSONAL GROWTH WITHIN THE CONTEXT OF A LIBERAL ARTS EDUCATION AND IN AN ENVIRONMENT OF CHRISTIAN CONCERN. 0 0 56319225 37003295 68075794 INSTRUCTION - NEBRASKA WESLEYAN UNIVERSITY (NWU OR UNIVERSITY) IS A DEVELOPMENT OF THE INDIVIDUAL STUDENT. ALL ACADEMIC PROGRAMS CONSIST OF FACE-TO-FACE INSTRUCTION AND INTEGRATION OF THE LIBERAL ARTS PERSPECTIVE REGARDLESS OF MAJOR. NWU SERVES APPROXIMATELY 1,500 TRADITIONAL UNDERGRADUATES EARNING BACHELOR'S DEGREES ON A RESIDENTIAL CAMPUS. APPROXIMATELY 200 ADULT UNDERGRADUATE AND GRADUATE STUDENTS ATTEND CLASSES ON THE LINCOLN CAMPUS. U.S. NEWS & WORLD REPORT HAS NAMED NWU A TOP REGIONAL UNIVERSITY. IN 2014, NEBRASKA WESLEYAN LAUNCHED A NEW PROGRAM OF GENERAL EDUCATION FOR ALL UNDERGRADUATE STUDENTS (TRADITIONAL AND ADULT) CALLED THE ARCHWAY CURRICULUM. IT INTEGRATES LEARNING ACROSS DISCIPLINARY BOUNDARIES, ENHANCES LEARNING THROUGH NON-CLASSROOM EXPERIENCES, AND WEAVES SKILL DEVELOPMENT THROUGHOUT THE ACADEMIC PROGRAM. THE ARCHWAY CURRICULUM HAS BEEN NATIONALLY HERALDED WITHIN HIGHER EDUCATION AS A PROGRESSIVE MODEL OF LIBERAL LEARNING FOR THE 21ST CENTURY.IN JANUARY 2019, NWU OPENED DUANE W. ACKLIE HALL OF SCIENCE, ITS FIRST ACADEMIC BUILDING IN 36 YEARS. NWU CONSISTENTLY PRODUCES TOP PRESTIGIOUS SCHOLARSHIP WINNERS INCLUDING FULBRIGHT, TRUMAN, GILMAN, AND GOLDWATER SCHOLARS. THE UNIVERSITY IS A NATIONALLY-RECOGNIZED LEADER FOR COMBINED EXCELLENCE IN ACADEMICS AND ATHLETICS, RANKING TENTH IN THE NATION (AMONG ALL DIVISIONS) WITH 181 ACADEMIC ALL-AMERICANS AND SIXTH IN THE NATION FOR NCAA POSTGRADUATE SCHOLARSHIPS. 11946393 STUDENT SERVICES - NEBRASKA WESLEYAN UNIVERSITY'S LIVING AND LEARNING ENVIRONMENT FOCUSES ON STUDENT SUCCESS THROUGH DEVELOPMENT OF THE WHOLE PERSON. STUDENT WELL-BEING AND PERSONAL GROWTH ARE SUPPORTED BY SERVICES IN CAREER GUIDANCE, HEALTH SERVICES INCLUDING COUNSELING,ORGANIZATIONAL INVOLVEMENT AND MULTIPLE ENRICHMENT OPPORTUNITIES. ABOUT 30% OF TRADITIONAL STUDENTS COMPETE IN INTERCOLLEGIATE ATHLETICS (21 SPORTS). NWU IS A MEMBER OF NCAA DIVISION III, COMPETING IN THE AMERICAN RIVERS CONFERENCE. THE PRAIRIE WOLVES HAVE CELEBRATED MANY CONFERENCE WINS AS WELL AS A NATIONAL CHAMPIONSHIP IN MEN'S BASKETBALL IN 2018. 5074652 ACADEMIC SUPPORT - NEBRASKA WESLEYAN UNIVERSITY INSTRUCTIONAL PROGRAMS ARE STRENGTHENED BY THE UNIVERSITY LIBRARY, INSTRUCTIONAL TECHNOLOGY AND COMPUTER SERVICES, GLOBAL ENGAGEMENT OFFICE, VARIOUS UNIVERSITY FORUM AND LECTURE SERIES AS WELL AS THE SUPPORT OF PROFESSIONALDEVELOPMENT FOR FACULTY. 73340270 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 5067 0 1 1111 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 29 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TRISHA GADE-JONES 4024652111 5000 SAINT PAUL AVENUE LINCOLN NE 68504 JUSTIN SKIRRY FACULTY/GOVERNOR 5.00 X 100962 0 7226 LISA WILKINSON FACULTY GOVERNOR REP 40.00 X 70704 0 14183 ALEX LOLLMANN STUDENT/GOVERNOR 40.00 X 380 0 0 ELISE ROSELIUS STUDENT/GOVERNOR 40.00 X 0 0 0 CORI VOKOUN CHAIR/GOVERNOR 5.00 X X 0 0 0 KEVIN COOK VICE CHAIR/GOVERNOR 5.00 X X 0 0 0 KIM MOORE SECRETARY/GOVERNOR 5.00 X X 0 0 0 FRANK SVOBODA TREASURER/GOVERNOR 5.00 X 0 0 0 DAPHNE HALL GOVERNOR 5.00 X 0 0 0 BRAD HURRELL GOVERNOR 5.00 X 0 0 0 BOB BARTLE GOVERNOR 5.00 X 0 0 0 JEFF SCHUMACHER GOVERNOR 5.00 X 0 0 0 TIM LINEBERRY GOVERNOR 5.00 X 0 0 0 KEVIN BOATRIGHT GOVERNOR 5.00 X 0 0 0 VIDETTE BULLOCK MIXON GOVERNOR 5.00 X 0 0 0 LEE NEWCOMER GOVERNOR 5.00 X 0 0 0 MARK SCHULZE GOVERNOR 5.00 X 0 0 0 STEVE BRUGMAN GOVERNOR 5.00 X 0 0 0 CHAD ANGLEMYER GOVERNOR 5.00 X 0 0 0 CHARLIE COLON GOVERNOR 5.00 X 0 0 0 DORIS ROBERTSON GOVERNOR 5.00 X 0 0 0 JAY LEMONS GOVERNOR 5.00 X 0 0 0 JULIE ANDERSON GOVERNOR 5.00 X 0 0 0 LYNN MILLS GOVERNOR 5.00 X 0 0 0 MARTY MARTINEZ GOVERNOR 5.00 X 0 0 0 NICK CUSICK GOVERNOR 5.00 X 0 0 0 SCOTT BREWER GOVERNOR 5.00 X 0 0 0 SHERYL RINKOL GOVERNOR 5.00 X 0 0 0 SUSIE KEISLER-MUNRO GOVERNOR 5.00 X 0 0 0 SUZANNE SUGHROUE GOVERNOR 5.00 X 0 0 0 TODD HOLDER GOVERNOR 5.00 X 0 0 0 DARRIN GOOD PRESIDENT 40.00 X 306158 0 43378 WILLIAM MOTZER VP FOR ENROLLMENT & MKTG 40.00 X 179870 0 42683 TRISHA GADE-JONES VP FOR FINANCE AND ADMIN 40.00 X 147573 0 40658 JOHN GREVING VP FOR UNIV ADVANCEMENT 40.00 X 146436 0 31881 GRACIELA CANEIRO-LIVINGSTON PROVOST 40.00 X 151905 0 22060 SARAH KELEN VP FOR STUDENT LIFE (FORMER) 40.00 X 85073 0 14630 HOFFMAN ERIN VP FOR STUDENT LIFE (CURRENT) 40.00 X 67697 0 8786 EDUARDO BOUSSON VP & UNIVERSITY MINISTER 40.00 X 63364 0 4592 DALE WELLMAN FACULTY 40.00 X 111777 0 22620 MARY HAWK FACULTY 40.00 X 104537 0 18028 TAMI THOMPSON FACULTY 40.00 X 107206 0 7678 STEVEN DOW FACULTY 40.00 X 103202 0 7389 PATRICIA PETTIT FACULTY 40.00 X 100287 0 7164 1847131 0 292956 11 0 1 0 SODEXO INCE & AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 CAMPUS FOOD SERVICE 1723187 JOHNSON CONTROLS 4829 S 115TH ST OMAHA NE 68137 CHILLER REPLACEMENT 461947 LINCOLN GLASS 1624 SO 17TH ST LINCOLN NE 68502 WINDOWS 430000 WINDSTAR LINES 5621 SCHWEITZER RD LINCOLN NE 68507 TRAVEL (BUS) 406323 BRANDSPARK LLC DBA MEDIASPARK LLC 14707 CALIFORNIA ST STE 3 OMAHA NE 68154 ADVERTISING 372100 17 1698064 4183060 184025 5881124 TUITION AND FEES 900099 60548546 60548546 AUXILIARY ENTERPRISE 900099 7464826 7464826 68013372 2518296 2518296 253549 191127 62422 62422 62422 16491208 839316 16487041 646326 4167 192990 197157 197157 MISC REVENUE 900099 629450 629450 ATHLETIC SPORTS REVENU 900099 244807 47144 197663 SALES REVENUE 900099 156152 156152 1030409 77702780 68075794 47144 3698718 2000000 2000000 35003295 35003295 1573417 186185 1126134 261098 15952083 14036669 691876 1223538 1160098 930536 141472 88090 6075986 5333857 510460 231669 1351694 1126473 127686 97535 35544 35544 46351 46351 122445 122445 2472036 2164877 219558 87601 788813 630881 27907 130025 2391485 2043144 243332 105009 1479757 1377902 25781 76074 1365101 1317566 30416 17119 1636587 1496609 101958 38020 184218 178802 5416 3005938 2838700 165126 2112 879929 853168 15702 11059 BUILDING, GROUNDS, MAIN 1104282 1094267 1214 8801 MISC 736955 434614 288655 13686 LIBRARY 292725 292725 79658739 73340270 3927033 2391436 2512630 1526939 16265304 1159066 832073 717770 1503169 1528349 446459 248714 636832 719929 110276339 57165404 54009080 53110935 59693443 72051478 11298469 11622080 6747839 6830623 153945298 149515883 4060019 5787305 758956 460507 10373708 9301514 1339405 998329 823571 784948 17355659 17332603 X 64715226 64070503 71874413 68112777 136589639 132183280 153945298 149515883 X -1955959 -2463853 2378 11075 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1754 1754 79656985 79658739 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 2000 1754 2000 1754 7508 250000 250000 250000 250000 1000000 1500000 X X 0 0 1 X 72526842 1088155 -519458 2689905 70405634 76990960 1200672 -3239249 2425541 72526842 58643246 3012693 17717157 -2382137 76990960 56067074 3863534 965891 2253253 58643246 58642275 1650302 -1251568 2165736 808199 56067074 0.10569 0.69528 0.19903 1 0 3768128 3768128 93073350 46027267 47046083 165371 123078 42293 13269490 11015059 2254431 53110935 HEDGE FUND 10220874 F CHARITABLE LIFE INSURANCE POLICIES 1401206 F 11622080 CHARITABLE GIFT ANNUITIES 755591 CHARITABLE REMAINDER TRUST OBLIGATIONS 29357 784948 X 40124262 -2463853 75356 -2388497 42512759 122445 35067576 35190021 77702780 44532999 0 44532999 122445 35003295 35125740 79658739 PART IV, LINE 2B: THE UNIVERSITY HOLDS AND MANAGES FUNDS FOR THE PERKINS LOAN PROGRAM ON BEHALF OF THE US DEPARTMENT OF EDUCATION. IN ADDITION, THE UNIVERSITY MAINTAINS ACCOUNTS ON BEHALF OF STUDENT ORGANIZATIONS AND OTHER GROUPS AND INDIVIDUALS WITHIN THE UNIVERSITY COMMUNITY. ALL OF THESE FUNDS ARE CONSIDERED TO BE AGENCY FUNDS (FUNDS HELD FOR OTHERS) FOR FINANCIAL REPORTING PURPOSES BECAUSE THE UNIVERSITY DOES NOT EXERCISE CONTROL OVER HOW THE FUNDS ARE USED. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE UNIVERSITY HAD NO MATERIAL UNRELATED BUSINESS INCOME DURING THE YEAR. ACCOUNTING GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023, AND 2022. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 75,356. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISCOUNT ON STUDENT LOANS 35,003,295. CHANGE IN PRESENT VALUE OF CHARITABLE GIFT ANNUITIES 64,281. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCOUNT ON STUDENT LOANS 35,003,295. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEBRASKA WESLEYAN PROVIDES EQUAL OPPORTUNITY TO ALL QUALIFIED PERSONS IN ALL AREAS OF UNIVERSITY OPERATION, INCLUDING EDUCATION, EMPLOYMENT, AND DECISIONS REGARDING FACULTY APPOINTMENT, PROMOTION OR TENURE, WITHOUT REGARD TO RACE, RELIGION AGE, SEX, CREED, COLOR, DISABILITY, MARITAL STATUS, NATIONAL OR ETHNIC ORIGIN, ANCESTRY, SEXUAL ORIENTATION, GENDER IDENTITY, GENETIC MATERIAL, OR ANY OTHER LEGALLY PROTECTED CLASS UNDER CITY, STATE, OR FEDERAL LAW. SCHEDULE E, PART I, LINE 6 UNIVERSITY PARTICIPATES IN FEDERAL AND STATE STUDENT FINANCIAL AID PROGRAMS AND RECEIVED OTHER FEDERALLY FUNDED GRANTS AS A SUBRECIPIENT FROM VARIOUS STATE PASS-THROUGH AGENCIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 10220874 0 0 0 0 0 0 10220874 0 10220874 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 LINCOLN YOUTH COMPLEX 5935 SOUTH 45TH STREET SUITE A LINCOLN NE 68516 871032872 501(C)(3) 2000000 0 SUPPORT FOR THE ORGANIZATION'S MISSION 1 0 SCHOLARSHIPS ASSITANCE TO STUDENTS 1696 35003295 N/A N/A PART I, LINE 2: ALL SCHOLARSHIP AND GRANTS ARE AWARDED TO STUDENTS BASED ON CRITERIA AS SET BY THE STUDENT FINANCIAL AID POLICIES. THESE SCHOLARSHIPS AND GRANTS ARE POSTED DIRECTLY TO THE STUDENT'S ACCOUNT TO BE APPLIED AGAINST CHARGES FOR TUITION, FEES, ROOM, AND BOARD. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 DARRIN GOOD PRESIDENT 295908 0 0 0 10250 0 21354 0 22024 0 349536 0 0 0 WILLIAM MOTZER VP FOR ENROLLMENT & MKTG 179870 0 0 0 0 0 24992 0 17691 0 222553 0 0 0 TRISHA GADE-JONES VP FOR FINANCE AND ADMIN 147573 0 0 0 0 0 11125 0 29533 0 188231 0 0 0 JOHN GREVING VP FOR UNIV ADVANCEMENT 146436 0 0 0 0 0 10898 0 20983 0 178317 0 0 0 GRACIELA CANEIRO-LIVINGSTON PROVOST 151905 0 0 0 0 0 10906 0 11154 0 173965 0 0 0 PART I, LINE 1A: HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT OF THE UNIVERSITY UTILIZES THE MEMBERSHIP FOR BUSINESS PURPOSES. NOT INCLUDED IN THE PRESIDENT'S TAXABLE INCOME SINCE THE USE IS BUSINESS RELATED. PERSONAL SERVICES - THE PRESIDENT IS PROVIDED WITH CLEANING SERVICES, LANDSCAPING/LAWN CARE AND CATERING FOR UNIVERSITY RELATED EVENTS. THE BUSINESS PORTION IS NOT TAXABLE WITH ANY PERSONAL PORTION BEING INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. REIMBURSEMENTS/PAYMENTS ARE NOT ALLOWED FOR ITEMS LISTED EXCEPT FOR THE PRESIDENT. THE SPECIFIC ITEMS CHECKED ARE ADDRESSED IN THE PRESIDENT'S CONTRACT. ALL REIMBURSABLE EXPENSES SHALL CONFORM TO THE UNIVERSITY'S REIMBURSEMENT POLICY AND APPLICABLE IRS REGULATIONS. IF APPLICABLE, THE UNIVERSITY WILL WITHHOLD ANY REQUIRED TAXES WITH RESPECT TO ANY REIMBURSED EXPENSE. BUSINESS EXPENSES ARE NOT TAXABLE WHILE PERSONAL EXPENSES ARE INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. A THE CITY OF LINCOLN NEBRASKA 476006256 000000000 2022-04-01 11562000 REFUND PRIOR TAXABLE ISSUE (03/31/21) 0 0 0 A 2121000 11562000 11562000 2012 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 1 1 0 0 0 0 1 A 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: NOTE REGARDING THE REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. CORI VOKOUN VP AT SAMPSON CONSTRUCTION 214093 BEGINNING OF RAZING OF THE OLIN BUILDING 0 X 8 61300 MARKET VALUE X 7 106027 MARKET VALUE X OTHER NON-CASH ITEMS 33 16698 0 0 0 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A: EXECUTIVE COMMITTEE CONSISTS OF BOARD OFFICERS (CHAIR, VICE CHAIR, SECRETARY, TREASURER) PRESIDENT OF THE UNIVERSITY, BISHOP OF THE UNITED METHODIST CHURCH HAVING SUPERVISION IN LINCOLN NE AREA, CHAIRS OF THE STANDING COMMITTEES, AND TWO AT-LARGE MEMBERS. EXECUTIVE COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD ON ALL MATTERS EXCEPT FOR THE FOLLOWING: PRESIDENTIAL SELECTION/TERMINATION; SELECTION OF MEMBERS/OFFICERS OF THE BOARD; AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS; REVISION OF THE STATEMENT OF MISSION OF THE UNIVERSITY; AUTHORIZATION OF CORPORATE INDEBTEDNESS; APPROVAL OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION A, LINE 7A THE FACULTY ELECT A FACULTY VP FOR FACULTY AFFAIRS AND THIS POSITION SERVES ON THE BOARD OF GOVERNORS. THE STUDENT BODY ELECTS A STUDENT BODY PRESIDENT AND THIS POSITION SERVES ON THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE UNIVERSITY'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. NEBRASKA WESLEYAN UNIVERSITY ADMINISTRATORS WILL REVIEW THE 990, IT IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF GOVERNORS FOR REVIEW AND COMMENTS, AND THEN REVIEWED IN MORE DETAIL BY THE EXECUTIVE COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF GOVERNORS ARE GIVEN AN ANNUAL CONFLICT OF INTEREST STATEMENT TO COMPLETE AND SIGN. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS PRINTED ON THE BACK OF THE FORM. THE PRESIDENT'S OFFICE COLLECTS THE FORMS AND RETAINS THEM ON FILE. THE BOARD'S COMPLETED CONFLICT OF INTEREST FORMS ARE DISCLOSED TO ALL BOARD MEMBERS. INDIVIDUAL MEMBERS OF GOVERNANCE WITH A CONFLICT OF INTEREST MAY NOT VOTE ON ANY ISSUE IN WHICH THEY HAVE A CONFLICT OF INTEREST. THE ADMINISTRATIVE COUNCIL MEMBERS ALSO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS USES INDEPENDENT SURVEY INFORMATION COMPARING COMPENSATION AMONG LIKE INSTITUTIONS TO SET THE COMPENSATION OF THE PRESIDENT. ALL COMPENSATION IS DOCUMENTED IN A CONTRACTUAL ARRANGEMENT. THIS PROCESS LAST OCCURRED IN SPRING 2019 WITH THE PRESIDENTIAL CONTRACT EFFECTIVE THROUGH JUNE 30, 2025. THE PRESIDENT USES INDEPENDENT SURVEY INFORMATION COMPARING COMPENSATION AMONG LIKE INSTITUTIONS TO SET THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THIS PROCESS LAST OCCURRED IN SPRING 2021. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 75,356. CHANGE IN PRESENT VALUE OF CHARITABLE GIFT ANNUITIES -64,281. CHARITABLE REMAINDER TRUSTS (11) 5000 SAINT PAUL AVE LINCOLN NE 68504 CHARITABLE NE NEBRASKA WESLEYAN UNIVERSITY 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0