2024-03-29T14:43:37-05:00 2023-05-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2022-06-01 370661494 BRADLEY UNIVERSITY BRAD 3096773117 1501 W BRADLEY AVENUE PEORIA IL 616250001 DENNIS KOCH ASSOCIATE VP FINANCE SERVICES 3096773117 2024-03-27 1 DENNIS KOCH 999009999 1 SAMUEL A CIGELNIK P00324762 3096714500 2024-03-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN STANDIFIRD 1501 W BRADLEY AVENUE PEORIA IL 616250001 242658470 0 X WWW.BRADLEY.EDU X 1897 IL BRADLEY UNIVERSITY EMPOWERS STUDENTS FOR IMMEDIATE AND SUSTAINED SUCCESS IN THEIR PERSONAL AND PROFESSIONAL ENDEAVORS BY COMBINING PROFESSIONAL PREPARATION, LIBERAL ARTS AND SCIENCES, AND CO-CURRICULAR EXPERIENCES. ALONGSIDE OUR DEDICATION TO STUDENTS, WE EMBRACE THE GENERATION, APPLICATION, AND INTERPRETATION OF KNOWLEDGE. 20 19 3175 480 838079 780454 22673041 19465936 202356077 203538106 11292232 -2108448 114255 2862911 236435605 223758505 78842946 82977716 0 0 84552709 96045278 0 0 3582276 68859251 67843460 232254906 246866454 4180699 -23107949 729570257 706507436 203889098 196037460 525681159 510469976 X BRADLEY UNIVERSITY EMPOWERS STUDENTS FOR IMMEDIATE AND SUSTAINED SUCCESS IN THEIR PERSONAL AND PROFESSIONAL ENDEAVORS BY COMBINING PROFESSIONAL PREPARATION, LIBERAL ARTS AND SCIENCES, AND CO-CURRICULAR EXPERIENCES. ALONGSIDE OUR DEDICATION TO STUDENTS, WE EMBRACE THE GENERATION, APPLICATION, AND INTERPRETATION OF KNOWLEDGE. 0 0 174875956 77149742 173417110 INSTRUCTION AND RESEARCH - PROVIDING HIGHER EDUCATION TO STUDENTS. 8882967 998294 16263731 AUXILIARY SERVICES - PROVIDES SUPPORT SERVICES FOR STUDENTS WHICH INCLUDES HOUSING, BOOKSTORE, AND CONFERENCE FACILITIES. 7478587 9061958 FOOD SERVICES - PROVIDES BOARD (CAFETERIA SERVICES) FOR STUDENTS LIVING ON CAMPUS AND OFF CAMPUS. ALSO INCLUDES FOOD PURCHASED BY EMPLOYEES. 15660680 4829680 2131675 INTERCOLLEGIATE ATHLETICS - PROVIDES FOR INTERCOLLEGIATE ATHLETIC ACTIVITY DIVISION I SPORTS OF MEN'S BASKETBALL, TRACK, GOLF, BASEBALL, AND SOCCER AND WOMEN'S BASKETBALL, VOLLEYBALL, CROSS-COUNTRY, GOLF, SOFTBALL, AND TENNIS. 1563578 339838 OTHER EDUCATIONAL BENEFITS - PROVIDES TECHNICAL SUPPORT FOR FACULTY, STAFF AND STUDENTS, CHILDCARE CENTER FOR TRAINING OPPORTUNITIES, AND EMPLOYMENT CENTER FOR STUDENTS. 2563770 5016172 OTHER DEPARTMENT PROGRAMS - PROVIDES SERVICES FOR TRANSCRIPTS, CULTURAL PROGRAMS OFFERED TO CAMPUS AND PUBLIC, CONTINUING EDUCATION PROGRAMS, AND MISCELLANEOUS OTHER PROGRAMS. 19788028 4829680 7487685 211025538 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 331 17 1 3175 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DENNIS KOCH ASSOCIATE VP OF FINANCIAL SERVICES 3096773117 1501 W BRADLEY AVENUE PEORIA IL 61625 STEPHEN STANDIFIRD PRESIDENT 60.00 X X 491206 0 49605 JONATHAN E MICHAEL VICE CHAIR 5.00 X 0 0 0 ANNE EDWARDS-COTTER SECRETARY 5.00 X 0 0 0 SHARON DESMOULIN-KHERAT TRUSTEE 5.00 X 0 0 0 KATHLEEN MB HOLST CHAIR 5.00 X 0 0 0 BRAD HALVERSON TRUSTEE 5.00 X 0 0 0 LEO HARMON JR TRUSTEE 5.00 X 0 0 0 RAY LAHOOD TRUSTEE 5.00 X 0 0 0 STEPHEN LEWIS TRUSTEE 5.00 X 0 0 0 CHERYL PROCTER-ROGERS TRUSTEE 5.00 X 0 0 0 GLENN ROSS TRUSTEE 5.00 X 0 0 0 GEORGE E RUEBENSON TRUSTEE 5.00 X 0 0 0 KEVIN SCHOEPLEIN TRUSTEE 5.00 X 0 0 0 MICHAEL D SCIMO TRUSTEE 5.00 X 0 0 0 JAMES E SHADID TRUSTEE 5.00 X 0 0 0 DEBBIE SIMON TRUSTEE 5.00 X 0 0 0 MATTHEW VONACHEN TRUSTEE 5.00 X 0 0 0 CELSO WHITE TRUSTEE 5.00 X 0 0 0 GARRET WILLIAMS TRUSTEE 5.00 X 0 0 0 MELVIN FLOWERS TRUSTEE 5.00 X 0 0 0 SHERYL COX COO/CFO (THRU 4/21/23) 50.00 X 279176 0 27557 ERIN KASTBERG VP LEGAL AFFAIRS 50.00 X 241395 0 47165 DENNIS KOCH ASSOCIATE VP OF FINANCIAL SERVICES 50.00 X 139915 0 27324 RALPH CHRISTOPHER REYNOLDS VP ATHLETICS 50.00 X 427679 0 49858 WALTER ZAKAHI SENIOR VP ACADEMIC AFFAIRS 50.00 X 279158 0 40013 ERIN GENOVESE SR. ASSOCIATE VP ADVANCEMENT 50.00 X 226701 0 36054 JUSTIN BALL VP ENROLL MGMT (THRU 5/9/23) 50.00 X 193285 0 43548 NATHAN THOMAS VP FOR STUDENT AFFAIRS 50.00 X 220984 0 15402 WARREN ANDERSON VP DIVERSITY, EQUITY, & INCLUSION 50.00 X 211574 0 24379 CHRISTOPHER JONES VP STRATEGY & INNOVATION 50.00 X 215912 0 15166 BRIAN WARDLE HEAD MENS BASKETBALL COACH 50.00 X 802715 0 50937 MOLLY GRIBB DEAN ENG, TEC, & BUS 50.00 X 290575 0 45970 JOSEPH CHEN CHAIR, INDUSTRIAL & MANUFA 50.00 X 266650 0 30222 JESSICA CLARK DEAN EDUCATION & HEALTH SERVICES 50.00 X 240568 0 46897 DANIEL MOON DEAN LIBERAL ARTS & SCIENCES 50.00 X 222577 0 25672 4750070 0 575769 176 0 1 0 CHARTER LOGISTICS GROUP LLC 3600 DRANE FIELD RD LAKELAND FL 33811 AIR TRAVEL FOR ATHLETICS 289913 BB FLOORING 15940 GRASSLAND LANE UNIT 2516 PUNTA GORDA FL 33982 CONSTRUCTION SERVICES 270809 NEPC LLC PO BOX 4110 WOBURN MA 01888 INVESTMENT SERVICES 247045 MILLER HALL & TRIGGS 416 MAIN ST SUITE 1125 PEORIA IL 61602 LEGAL SERVICES 214610 CLIFTONLARSONALLEN LLP PO BOX 775967 CHICAGO IL 60677 AUDIT & TAX SERVICES 198949 10 53771 3912628 15499537 161489 19465936 INSTRUCTION & RESEARCH 611600 173417110 173417110 AUXILIARY SERVICE 721310 16263731 16263731 FOOD SERVICE REVENUE 611710 9061958 9061958 DEPARTMENT PROGRAMS 611710 2323794 2323794 INTERCOLLEGIATE ATHLETICS 611710 2131675 2131675 339838 339838 203538106 16658886 807588 15851298 48470 17979 30491 30491 30491 18767334 -18767334 -18767334 -18767334 157560 52405 105155 105155 97134 62247 34887 34887 MISCELLANEOUS REVENUE 611710 2692378 2692378 2692378 223758505 206230484 838079 -2775994 82977716 82977716 2973052 1132019 1625063 215970 73211917 62284363 9177354 1750200 3070787 2556123 435414 79250 11599941 9655793 1644779 299369 5189581 4319808 735841 133932 3281527 1124649 2062529 94349 610280 24185 586095 115500 115500 940500 940500 3147249 2483507 454019 209723 1139520 469636 656246 13638 8272368 6960479 888394 423495 3527083 869584 2655604 1895 17382373 9453884 7908551 19938 4303177 4050460 137542 115175 297044 262659 32178 2207 5594430 5544347 50083 13626474 13626474 2063522 655372 1408150 OTHER MISCELLANEOUS 3542413 2574480 744798 223135 246866454 211025538 32258640 3582276 29926664 11729125 3675630 2589167 5076955 4530412 27418 1665744 1375434 589898290 253080598 340956123 336817692 228346707 89589093 117458561 257921061 103818 26027 2332637 1929425 729570257 706507436 23104174 24482302 2586909 3076165 144911154 140644848 1228516 852295 3171213 2115493 28887132 24866357 203889098 196037460 X 389438702 360805313 136242457 149664663 525681159 510469976 729570257 706507436 X -23107949 7056066 840700 X X 0 1 X 1 1 1 X 12475983 22203423 12870205 22673041 19465936 89688588 12475983 22203423 12870205 22673041 19465936 89688588 7767377 81921211 12740453 13716977 14137820 15214385 15851298 71660933 444196 39190 -115959 741811 838079 1947317 163296838 1010738499 0.50170 0.45920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105702 X X X 0 353099209 12130571 2505361 6001575 8257165 828764 352647637 395562588 4333808 -31406622 6001220 8218811 1170534 353099209 312877645 4650075 91694274 5414065 7332341 913000 395562588 308398725 11416273 4998917 5058010 5772939 1105321 312877645 313641208 5239666 2913687 4763227 7407220 1225389 308398725 0.48900 0.47100 0.04000 1 0 25183745 25183745 448706649 157093128 291613521 84526567 73398010 11128557 31481329 22589460 8891869 336817692 56482794 F 177060424 F MORTGAGES AND NOTES 303800 C OTHER 8541712 C REAL ESTATE & FARMS 14332967 F LIFE INSURANCE POLICIES 1199364 F 257921061 POST-RETIREMENT BENEFITS OTHER THAN PENSIONS 21952549 SWAP CONTRACT 646516 STUDENT DEPOSITS 334429 LEASED LIABILITIES 1932863 24866357 X 147974633 7056066 -82137016 -75080950 223055583 702922 702922 223758505 163185816 0 163185816 702922 82977716 83680638 246866454 PART III, LINE 4: COLLECTION OF ART AND OTHER HISTORICAL TREASURES INCLUDE VARIOUS SCULPTURES, PAINTINGS, AND OTHER WORKS OF ART; SEA CHART; HISTORICAL MAPS OF AMERICA; ANTIQUE WATCH FROM WHEN THE UNIVERSITY WAS A COLLEGE OF HOROLOGY; AND HISTORICAL BOOKS. THESE ITEMS ARE ON DISPLAY IN THE LIBRARY AND OTHER PARTS OF CAMPUS AND SERVE TO FURTHER THE UNIVERSITY'S EDUCATIONAL PURPOSE IN THE ARTS, HISTORY, AND THE HUMANITIES IN GENERAL. PART V, LINE 4: THE UNIVERSITY ENDOWMENT SERVES TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY BY PROVIDING SUBSTANTIAL AND SUSTAINABLE FLOW OF FUNDS TO THE OPERATING BUDGET AND RESTRICTED FUNDS IN ORDER TO SUPPORT THE LONG-TERM GOALS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE APPLICABLE U.S. AND ILLINOIS INTERNAL REVENUE CODES FOR RELATED INCOME. NO PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS AS THE UNIVERSITY BELIEVES THERE IS NO SIGNIFICANT UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -82,977,716. SWAP CONTRACT GAIN 829,572. SPLIT INTEREST 11,128. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 82,977,716. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT IS CONSPICUOUSLY DISPLAYED IN ALL ADMISSIONS MATERIAL INCLUDING UNIVERSITY CATALOGS: "BRADLEY UNIVERSITY IS COMMITTED TO A POLICY OF NON-DISCRIMINATION AND THE PROMOTION OF EQUAL OPPORTUNITIES FOR ALL PERSONS REGARDLESS OF AGE, COLOR, CREED, DISABILITY, ETHNICITY, MARITAL STATUS, NATIONAL ORIGIN, RACE, RELIGION, SEX, SEXUAL ORIENTATION, OR VETERAN STATUS. THE UNIVERSITY IS ALSO COMMITTED TO COMPLIANCE WITH ALL APPLICABLE LAWS REGARDING NON-DISCRIMINATION, HARASSMENT AND AFFIRMATIVE ACTION." SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED TITLE IV FEDERAL FUNDS. EUROPE 0 0 PROGRAM SERVICES EDUCATION ABROAD 316649 CENT AMERICA/CARIBBEAN 0 0 PROGRAM SERVICES EDUCATION ABROAD 30011 0 0 0 0 0 0 346660 0 346660 1 0 0 0 1 0 PART III ACCOUNTING METHOD: AUCTION 126030 126030 17366 14305 4833 GOLF OUTING 31530 31530 8517 7107 277 157560 157560 8517 24473 14305 5110 52405 105155 97134 58393 3854 1 0.75000 97134 58393 3854 62247 34887 IL 1 0 1 0 0.00000 1.00000 FABIA MCDONALD ASSISTANT ATHLETIC DIRECTOR FOR FINANCE AND BUSINESS OPS BRADLEY UNIVERSITY 1501 W BRADLEY A PEORIA IL 61625 0 FABIA MCDONALD BOOKS & RECORDS X 0 1 EMPLOYEE TUITION REMISSION 174 3234741 BASED ON TUITION CHARGES EMPLOYEE DISCOUNT ON TUITION AWARDS 141 118019 FMV UNIVERSITY GRANT & SCHOLARSHIPS 3546 71682749 BASED ON FORMULA GRANTS & SCHOLARSHIPS OTHER TUITION WAIVERS 22 389970 BASED ON TUITION CHARGES SPECIAL AFFINITY WAIVERS GRADUATE SCHOLARSHIPS 471 1724263 BASED ON FORMULA GRANTS & SCHOLARSHIPS ATHLETIC SCHOLARSHIPS 209 4829680 IN COMFORMANCE WITH NCAA GUIDELINES SCHOLARSHIPS RESIDENT HALL SCHOLARSHIPS 121 998294 BASED ON ROOM AND BOARD CHARGES SCHOLARSHIPS FOR ROOM AND BOARD PART I, LINE 2: THE UNIVERSITY UTILIZES THE POWERFAIDS FINANCIAL AID MANAGEMENT SYSTEM WHICH REQUIRES THE END USER TO TIE HIGHLY SPECIFIC ELIGIBILITY CRITERIA TO INDIVIDUAL FINANCIAL AID PROGRAMS. DURING EXECUTION OF THE AUTOMATED AWARDING MODULE WITHIN POWERFAIDS, AID IS ALLOCATED BASED ON THE PRE-ESTABLISHED CRITERIA ENSURING THAT GRANT FUNDS ARE ONLY DISTRIBUTED TO APPROPRIATE, QUALIFIED RECIPIENTS. POST AUTO-AWARDING A SERIES OF MISINFORMATION REPORTS PERFORM A STUDENT-BY-STUDENT TEST OF AWARD EFFICACY MONITORING THAT STUDENT GRANT AID HAS BEEN APPROPRIATELY DISTRIBUTED. WITHIN THE STUDENT ACCOUNTS SYSTEM AND GENERAL LEDGER STUDENT GRANT PROGRAMS EXPENDITURES ARE ASSIGNED SUB-CODES THAT UNIQUELY IDENTIFY THEM AS SUCH THUS PROHIBITING ANY INADVERTANT OR INAPPROPRIATE DISTRIBUTION. THE UNIVERSITY HAS ESTABLISHED APPROPRIATE CONTROLS THROUGH SEPARATION OF RESPONSIBILITIES AND INTERNAL AUDIT PROCEDURES THAT PRECLUDE ANY ENTITY WITHIN THE ADMINISTRATIVE STRUCTURE FROM DIVERTING STUDENT GRANT AID TO NONQUALIFIED USES. SCHEDULE I, PART III, COLUMN D THE "NON-CASH ASSISTANCE" REPORTED ARE CREDITS AGAINST STUDENT TUITION CHARGES. X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 BRIAN WARDLE HEAD MENS BASKETBALL COACH 787027 0 0 0 15688 0 21350 0 29587 0 853652 0 0 0 STEPHEN STANDIFIRD PRESIDENT 397206 0 94000 0 0 0 21350 0 28255 0 540811 0 0 0 RALPH CHRISTOPHER REYNOLDS VP ATHLETICS 342325 0 70000 0 15354 0 20277 0 29581 0 477537 0 0 0 MOLLY GRIBB DEAN ENG, TEC, & BUS 290575 0 0 0 0 0 16500 0 29470 0 336545 0 0 0 WALTER ZAKAHI SENIOR VP ACADEMIC AFFAIRS 279158 0 0 0 0 0 20028 0 19985 0 319171 0 0 0 SHERYL COX COO/CFO (THRU 4/21/23) 279176 0 0 0 0 0 17967 0 9590 0 306733 0 0 0 JOSEPH CHEN CHAIR, INDUSTRIAL & MANUFA 196928 0 0 0 69722 0 10190 0 20032 0 296872 0 0 0 ERIN KASTBERG VP LEGAL AFFAIRS 240435 0 0 0 960 0 17501 0 29664 0 288560 0 0 0 JESSICA CLARK DEAN EDUCATION & HEALTH SERVICES 240568 0 0 0 0 0 17310 0 29587 0 287465 0 0 0 ERIN GENOVESE SR. ASSOCIATE VP ADVANCEMENT 225741 0 0 0 960 0 16100 0 19954 0 262755 0 0 0 DANIEL MOON DEAN LIBERAL ARTS & SCIENCES 212577 0 0 0 10000 0 15050 0 10622 0 248249 0 0 0 JUSTIN BALL VP ENROLL MGMT (THRU 5/9/23) 192325 0 0 0 960 0 14000 0 29548 0 236833 0 0 0 NATHAN THOMAS VP FOR STUDENT AFFAIRS 220024 0 0 0 960 0 15402 0 0 0 236386 0 0 0 WARREN ANDERSON VP DIVERSITY, EQUITY, & INCLUSION 199263 0 0 0 12311 0 14178 0 10201 0 235953 0 0 0 CHRISTOPHER JONES VP STRATEGY & INNOVATION 214952 0 0 0 960 0 15050 0 116 0 231078 0 0 0 DENNIS KOCH ASSOCIATE VP OF FINANCIAL SERVICES 139915 0 0 0 0 0 7293 0 20031 0 167239 0 0 0 PART I, LINE 1A ALL BENEFITS IDENTIFIED IN PART 1, LINE 1A ARE TREATED AS TAXABLE COMPENSATION. PART I, LINE 1B THE UNIVERSITY HAS A POLICY FOR CHARTER TRAVEL. HOWEVER, FOR ALL OTHER COMPONENTS INDICATED, THE UNIVERSITY PROVIDES FOR IN A WRITTEN CONTRACT WITH THE EMPLOYEE. A ILLINOIS FINANCE AUTHORITY SERIES 2017C 861091967 45204EWY0 2017-09-19 39500000 REFUND BONDS ISSUED ON 4/17/07 0 0 0 B ILLINOIS FINANCE AUTHORITY SERIES 2021 A&B 861091967 2021-10-28 99065000 REFUND BONDS ISSUED 3/25/08 & 9/19/17 0 0 0 A 6285000 39500000 39342401 157599 2018 1 0 1 1 B 2170000 99629094 99065000 564094 2021 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 X 17 161489 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): LINE 9: NUMBER OF EACH CONTRIBUTOR (DONORS) FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DETAIL IS PREPARED BY THE ASSISTANT CONTROLLER. THE ENTIRE FORM IS THEN REVIEWED AND APPROVED BY THE ASSOCIATE VICE PRESIDENT OF FINANCIAL SERVICES AND CHIEF FINANCIAL OFFICER. THEREAFTER, THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW PRIOR TO SUBMISSION.. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE TRUSTEES OF THE BOARD COMPLETE CONFLICT OF INTEREST FORMS. FORMS ARE REVIEWED AND DISCLOSED TO THE EXECUTIVE COMMITTEE AS APPROPRIATE. CONFLICT OF INTEREST FORMS ARE ALSO COMPLETED ANNUALLY BY OFFICERS AND KEY EMPLOYEES. FORMS ARE REVIEWED BY THE PRESIDENT. THE PRESIDENT'S CONFLICT OF INTEREST FORM IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEEES. FACULTY MUST CERTIFY TO THEIR DEPARTMENT CHAIRS ON AN ANNUAL BASIS THEIR COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF COMMITMENT AND CONFLICT OF INTEREST POLICIES BY COMPLETING A FORM. THE DEPARTMENT CHAIR FORWARDS THESE CERTIFICATIONS TO THE PROVOST. IF THERE IS A CONFLICT, AN AD HOC DISCLOSURE FORM IS COMPLETED. AFTER DEPARTMENT CHAIR REVIEWS, THIS FORM IS FORWARDED TO THE DEAN, THEN PROVOST FOR APPROVAL OF DETERMINATION. CERTAIN ADMINISTRATIVE AND PROFESSIONAL STAFF AT THE UNIVERSITY ARE ALSO REQUIRED TO COMPLETE CONFLICT OF INTEREST FORMS. THESE FORMS ARE THEN REVIEWED BY THEIR DIRECTORS AND FORWARDED TO THE APPROPRIATE VICE PRESIDENT FOR REVIEW, APPROVAL, AND DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE PRESIDENT'S COMPENSATION BASED UPON FORM 990 OF OTHER ORGANIZATIONS AND COMPENSATION SURVEYS. A WRITTEN EMPLOYMENT CONTRACT IS ISSUED. THE UNIVERSITY PRESIDENT DETERMINES COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES BASED UPON COMPENSATION SURVEYS. THIS IS THEN SUBMITTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. A WRITTEN EMPLOYMENT CONTRACT IS ISSUED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: SWAP CONTRACT GAIN 829,572. CHANGES IN SPLIT DOLLAR INTEREST 11,128. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.