2023-03-10T12:24:23-06:00 2022-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2021-07-01 420680372 UPPER IOWA UNIVERSITY UPPE 5634255286 PO BOX 1857 FAYETTE IA 52142 WILLIAM R DUFFY II PRESIDENT 5634255286 2023-03-09 1 WILLIAM DUFFY II XXX-XX-XXXX KAREN A GRIES P00078514 6128764500 2023-03-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WILLIAM R DUFFY II PO BOX 1857 FAYETTE IA 52142 62156331 0 X WWW.UIU.EDU X 1857 IA UPPER IOWA UNIVERSITY PROVIDES QUALITY EDUCATIONAL OPPORTUNITIES ACCESSIBLE THROUGH VARIED DELIVERY METHODS TO INSPIRE SUCCESS AND EMPOWER LIVES. 19 19 1202 21 3107 0 7005910 10138563 57380640 49502024 -914483 1255 617526 694079 64089593 60335921 18471845 19995740 0 0 26120111 24930851 54391 23341 1027019 20633557 19691655 65279904 64641587 -1190311 -4305666 117313002 112257129 73581248 76822982 43731754 35434147 X UPPER IOWA UNIVERSITY PROVIDES QUALITY EDUCATIONAL OPPORTUNITIES ACCESSIBLE THROUGH VARIED DELIVERY METHODS TO INSPIRE SUCCESS AND EMPOWER LIVES. 0 0 45588265 19995739 44726959 EDUCATION, INSTRUCTION, AND SUPPORT - UPPER IOWA UNIVERSITY SERVED 3,031 STUDENTS WORLDWIDE. THE FAYETTE CAMPUS SERVED 572 TRADITIONAL UNDERGRADUATE STUDENTS, DRAWING THE MAJORITY OF THESE STUDENTS FROM IOWA, MINNESOTA, WISCONSIN AND ILLINOIS. THE UNIVERSITY IS DIVERSE IN ITS ETHNICITY, RACE, GENDER, ECONOMICS, AND GEOGRAPHY. UNDERGRADUATE DEGREES ARE OFFERED THROUGH THE SCHOOL OF EDUCATION, THE SCHOOL OF BUSINESS, AND THE SCHOOL OF ARTS AND SCIENCES. UPPER IOWA UNIVERSITY OFFERS SEVERAL MASTER'S DEGREES, BOTH ONLINE AND FACE-TO-FACE. MASTER'S DEGREES ARE AVAILABLE IN EDUCATION, BUSINESS ADMINISTRATION, HEALTHCARE ADMINISTRATION, COUNSELING, SPORT ADMINISTRATION, AND PUBLIC ADMINISTRATION. POST-GRADUATE CERTIFICATES ALSO ARE AVAILABLE IN ACCOUNTING, CORPORATE FINANCIAL MANAGEMENT, HUMAN RESOURCE MANAGEMENT, LITERACY COACH, TEACHER LEADERSHIP AND ORGANIZATIONAL DEVELOPMENT. 5545465 4775065 AUXILIARY ENTERPRISES - RESIDENCE HALLS, FOOD SERVICES, LOGO STORE, ETC. FOR THE ABOVE STUDENTS. 51133730 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 53 0 1202 1 1 1 1 HK 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X KATHY FRANKEN VP OF FINANCE AND ENROLLMENT MANAGEMENT 5634255868 605 WASHINGTON STREET PO BOX 1857 FAYETTE IA 52142 SCOTT LEBIN CHAIR 2.00 X X 0 0 0 PETER CLEMENS VICE CHAIR 2.00 X X 0 0 0 RICHARD ANDRES TREASURER 2.00 X X 0 0 0 JOHN FALB SECRETARY 2.00 X X 0 0 0 NANCY BETZ TRUSTEE 2.00 X 0 0 0 MARY CHEDDIE TRUSTEE 2.00 X 0 0 0 WILLIAM COOK TRUSTEE 2.00 X 0 0 0 JOSEM DIAZ TRUSTEE 2.00 X 0 0 0 STEVE HARMS TRUSTEE 2.00 X 0 0 0 ANGIE JOSEPH TRUSTEE 2.00 X 0 0 0 MARGARET LAWSON TRUSTEE 2.00 X 0 0 0 ROGER MANGAN TRUSTEE 2.00 X 0 0 0 LAVERNE MCCOY TRUSTEE 2.00 X 0 0 0 DENNIS MURDOCK TRUSTEE 2.00 X 0 0 0 MIKE PROCHASKA TRUSTEE 2.00 X 0 0 0 BRIAN SIMS TRUSTEE 2.00 X 0 0 0 LOWELL TIEDT TRUSTEE 2.00 X 0 0 0 DAVID VAUDT TRUSTEE 2.00 X 0 0 0 NEIL WILKINSON TRUSTEE 2.00 X 0 0 0 WILLIAM R DUFFY II PRESIDENT 80.00 X 351295 0 62881 KATHY FRANKEN VP FINANCE & ENROLLMENT MANAGEMENT 70.00 X 191188 0 35288 DOUG BINSFELD VP ACADEMIC AFFAIRS & STUDENT LIFE 60.00 X 176430 0 17095 ANDREW WENTHE VP OF EXTERNAL AFFAIRS 60.00 X 138496 0 20357 RICK HARTZELL VP OF ATHLETICS 60.00 X 114490 0 31992 BEAU SUDTELGTE VP OF HUMAN RESOURCES 60.00 X 107693 0 14600 ELISSA WENTHE DEAN, SCHOOL OF ARTS & SCIENCES 60.00 X 101287 0 21478 1180879 0 203691 8 0 1 0 ARAMARK SERVICES INC 27310 NETWORK PLACE CHICAGO IL 60673 FOOD SERVICE 1808322 PASKILL STAPLETON & LORD 471 JPL WICK DRIVE HARRISBURG PA 17111 ADVERTISING 733017 MAMMOTH SPORTS CONSTRUCTION 601 E WYANDOTTE STREET MERIDEN KS 66512 REPLACE FOOTBALL STADIUM TURF 637732 MBS DIRECT LLC PO BOX 617 COLUMBIA MO 65205 BOOKSTORE 617004 JENZABAR PO BOX 845588 BOSTON MN 022845588 INFORMATION TECHNOLOGY 424278 26 217489 7722998 2198076 274973 10138563 TUITION AND FEES 611600 44726959 44726959 AUXILIARY SERVICES 611710 4775065 4775065 49502024 689516 689516 51729 52957 -1228 -1228 -1720 492 1047702 1735963 -688261 -688261 -688261 40985 217489 31490 9495 9495 PRINTING 611710 130690 3550 127140 ATHLETIC CAMPS 611710 95146 95146 BUSINESS OFFICE 611710 76546 76546 383430 1277 382153 685812 60335921 49502024 3107 692227 19995740 19995740 424423 424423 19053444 15247718 3270559 535167 250398 184304 57726 8368 3816927 2161487 1534820 120620 1385659 1136680 216564 32415 96004 96004 150294 150294 23341 23341 89944 89944 1705616 938150 699040 68426 2799599 526170 2226205 47224 2460250 1794928 619201 46121 1419520 1419520 2586235 1839832 746403 970626 913824 5372 51430 133734 79832 53596 306 1926212 1926212 2942812 2942812 482352 482352 MISCELLANEOUS EXPENSES 1069586 104818 871167 93601 BAD DEBT - UNCOLLECTABL 858871 858871 64641587 51133730 12480838 1027019 9109140 7813587 1513735 1437451 73762 254213 3465167 2520057 583380 77270 70387 92363 327938 366635 125189356 53603038 73834377 71586318 20508106 17255427 1841764 2339091 5985246 8514717 117313002 112257129 2374743 2002690 150036 71288 68766156 68766156 2290313 5982848 73581248 76822982 X 21213241 15695912 22518513 19738235 43731754 35434147 117313002 112257129 X -4305666 -2300986 -1690955 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 760254 0 0 0 0 1 X 22682523 384297 -2383244 914074 19769502 18160597 333771 5077109 888954 22682523 18815807 371495 291367 1318072 18160597 18448500 182472 889414 704579 18815807 17174690 351512 1312780 390482 18448500 0.30720 0.69280 0.00000 1 0 1942634 1942634 98038982 33133786 64905196 9067015 6744634 2322381 13077459 11270817 1806642 3063266 2453801 609465 71586318 BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 4866951 RIGHT OF USE ASSETS 3647766 8514717 STUDENT DEPOSITS AND DEFERRED TUITION 1154546 POST RETIREMENT BENEFIT PAYABLE 1296922 FEDERAL STUDENT LOAN FUNDS 23506 LEASE PAYABLE 3507874 5982848 X 40179062 -2300986 84447 -2216539 42395601 89944 17850376 17940320 60335921 50499738 1999092 1999092 48500646 89944 16050997 16140941 64641587 PART III, LINE 4: THE UNIVERSITY'S ARTWORK CONSISTS OF VARIOUS SCULPTURES LOCATED THROUGHOUT THE CAMPUS TO BEAUTIFY THE CAMPUS AND HIGHLIGHT THE UNIVERSITY'S DIVERSITY. PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF BANK ACCOUNTS FOR VARIOUS STUDENT GROUPS. PART V, LINE 4: THE UNIVERSITY SPENDS THE DISTRIBUTIONS FROM OUR UNRESTRICTED ENDOWMENT FUNDS FOR OPERATIONS AND FOR THE RESTRICTED PURPOSE FOR ALL RESTRICTED ENDOWMENT FUNDS. THE RESTRICTED ENDOWMENT FUNDS ARE PRIMARILY RESTRICTED FOR STUDENT SCHOLARSHIPS, BUT ALSO INCLUDE SMALL FUNDS FOR EQUIPMENT, PROFESSORSHIPS, LIBRARY BOOKS, AND ATHLETICS. THE DISTRIBUTION IS DETERMINED BY THE SPEND POLICY AND APPROVED BY THE BOARD. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT 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 INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. THE FOREIGN SUBSIDIARIES ARE TAXABLE ENTITIES IN THE COUNTRIES THEY ARE LOCATED. ACCRUED TAX PAYABLE AND INCOME TAX EXPENSE ARE RELATED TO THE FOREIGN SUBSIDIARIES. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS 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 JUNE 30, 2022 AND 2021. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS DIRECT RENTAL EXPENSES 52,957. DIRECT FUNDRAISING EXPENSES 31,490. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, TUITIONS AND GRANTS 16,050,997. TRANSFER OF CASH AND PREPAID TUITION 681,084. CHANGE IN BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 1,118,295. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 31,490. DIRECT RENTAL EXPENSES 52,957. ELIMINATED DISREGARDED ENTITY EXPENSES 1,914,645. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, TUITIONS AND GRANTS 16,050,997. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICIES ARE AVAILABLE ONLINE AT UIU.EDU. NONDISCRIMINATION POLICIES ARE ALSO PUBLISHED IN THE STUDENT HANDBOOK. DURING ENROLLMENT EACH YEAR, STUDENTS SIGN AN AGREEMENT INDICATING THEIR RESPONSIBILITY FOR READING AND UNDERSTANDING THE CONTENTS OF THE HANDBOOK. SCHEDULE E, PART I, LINE 6 FINANCIAL AID WAS RECEIVED FROM THE GOVERNMENT IN THE FORM OF PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG), COLLEGE WORK-STUDY (CWS) PROGRAMS, AND OTHER SMALL GOVERNMENT GRANTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 298100 EAST ASIA AND THE PACIFIC 1 40 INVESTMENTS 0 0 0 0 0 0 298100 0 298100 1 0 1 1 1 0 PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: PART IV, LINE 1: THE UNIVERSITY HOLDS DIRECT INTERESTS IN FOREIGN CORPORATIONS. HOWEVER, THE ORGANIZATION DOES NOT MEET THE FILING REQUIREMENTS OF FORM 926 AS A RESULT. PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE AN ADDITIONAL 8621. PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. X X X X X X X 1 MCALLISTER & QUINN LLC 1030 15TH ST NW STE 590 WASHINGTON DC 20005 SEE LINE 2B, COLUMN (V) RESPONSE 0 5000 102900 -97900 5000 102900 -97900 IA PRESIDENT'S BALL 226764 217489 9275 11904 250 5093 PEACOCK CLASSIC 31710 31710 1117 3958 3558 5610 258474 217489 40985 1117 3958 15462 250 10703 31490 9495 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE PROFESSIONAL FUNDRAISER ASSISTS WITH THE COMPLETION OF GRANT APPLICATIONS. 1 CENTERS ASSISTANCE 354 189985 SCHOLARSHIPS - FAYETTE CAMPUS 853 13291977 SCHOLARSHIPS - ONLINE STUDENTS 2141 2525276 SCHOLARSHIPS - SELF-PACED STUDENTS 130 43760 EMERGENCY GRANTS TO STUDENTS 546 3944742 PART I, LINE 2: STUDENT ENROLLMENT IS MONITORED ON A REGULAR BASIS. AFTER VERIFICATION OF ENROLLMENT EACH TERM, FEDERAL FINANCIAL AID GRANTS ARE APPLIED TO THE STUDENTS' EDUCATIONAL COSTS PER FEDERAL REGULATIONS. STUDENT WITHDRAWALS ARE ALSO MONITORED AND GRANT FUNDS ARE ADJUSTED AND RETURNED AS NECESSARY. EXPENSES AND INCOME FOR OTHER GRANTS ARE TRACKED IN ACCOUNTS SET UP SPECIFICALLY FOR THE GRANT. EACH GRANT IS ASSIGNED A PROJECT INVESTIGATOR THAT OVERSEES THE SPENDING OF THE FUNDS AND ENSURES THEY ARE USED AS INTENDED. PART III, EMERGENCY GRANTS TO STUDENTS: EMERGENCY GRANTS TO STUDENTS REPRESENTS THE HIGHER EDUCATION RELIEF FUNDING PROVIDED BY THE CARES ACT FOR DIRECT DISTRIBUTION TO STUDENTS. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM R DUFFY II PRESIDENT 319873 0 0 0 31422 0 26328 0 36553 0 414176 0 0 0 KATHY FRANKEN VP FINANCE & ENROLLMENT MANAGEMENT 191188 0 0 0 0 0 4307 0 30981 0 226476 0 0 0 DOUG BINSFELD VP ACADEMIC AFFAIRS & STUDENT LIFE 176430 0 0 0 0 0 3853 0 13242 0 193525 0 0 0 ANDREW WENTHE VP OF EXTERNAL AFFAIRS 138496 0 0 0 0 0 3121 0 17236 0 158853 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: WHEREAS THERE IS AN EXPECTATION THAT IN THE COURSE OF HIS DUTIES, THE PRESIDENT AND/OR HIS SPOUSE ARE EXPECTED TO ATTEND CERTAIN PROFESSIONAL FUNCTIONS, ENTERTAIN GUESTS OF THE UNIVERSITY, AND BUILD AND MAINTAIN EFFECTIVE RELATIONSHIPS WITH ALUMNI, FRIENDS OF THE UNIVERSITY, MEMBERS OF THE COMMUNITY, AND OTHERS. THE UNIVERSITY SHALL PAY FOR ALL REASONABLE ENTERTAINMENT, TRAVEL, AND SIMILAR COSTS INCURRED BY THE PRESIDENT AND/OR HIS SPOUSE WHILE ACTING ON THE UNIVERSITY'S BEHALF. NOT INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE UNIVERSITY PAYS FOR THE PRESIDENT'S RESIDENCE AND THE RELATED REPAIRS. NOT INCLUDED IN TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT'S CONTRACT PROVIDES FOR THE UNIVERSITY TO PAY HIS FAMILY'S MEMBERSHIP AT BIG ROCK COUNTRY CLUB. INCLUDED IN TAXABLE COMPENSATION. 20589 MERIT AND/OR ATHLETIC SCHOLARSHIPS TUITION ASSISTANCE 8934 MERIT AND/OR ATHLETIC SCHOLARSHIPS TUITION ASSISTANCE X 1 262259 FMV X LAWN MOWER 1 12714 FMV 0 0 0 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD OF TRUSTEES AND THE PRESIDENT OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE HAS THE POWER TO ACT FOR THE BOARD OF TRUSTEES BETWEEN ITS SESSIONS, ON ISSUES CONSISTENT WITH PRIOR BOARD APPROVAL. THE EXECUTIVE COMMITTEE MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, OR LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION THAT HAS BEEN RESERVED FOR THE BOARD, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF TRUSTEES TO DO SO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE CFO AND THE CONTROLLER REVIEW THE FINAL DRAFT OF THE FORM 990 AND SUPPORTING SCHEDULES. THE BOARD REVIEWS THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES OR OFFICERS OF UPPER IOWA UNIVERSITY WILL DISCLOSE TO THE BOARD ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. WITH RESPECT TO SPECIFIC TRANSACTIONS INVOLVING SUCH AN INTEREST, THE DISCLOSURE WILL BE MADE AT THE EARLIEST POSSIBLE TIME AND ANNUALLY AFTER THAT. TRUSTEES OR OFFICERS WILL NOT VOTE ON, NOR PARTICIPATE IN DISCUSSING, ANY MATTER IN WHICH THEY HAVE A CONFLICT OF INTEREST, EXCEPT TO PROVIDE INFORMATION. TRUSTEES OR OFFICERS WHO ARE UNCERTAIN ABOUT A POSSIBLE CONFLICT OF INTEREST MAY REQUEST THAT THE BOARD OF TRUSTEES DETERMINE WHETHER A CONFLICT EXISTS. THE GOVERNANCE COMMITTEE, SECRETARY, AND TREASURER OF THE BOARD OF TRUSTEES GATHERS AND REVIEWS THE ANNUAL DISCLOSURE FORMS AND DEALS WITH THE INFORMATION APPROPRIATELY AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENTIAL EVALUATION COMMITTEE CONSISTS OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES. THE EVALUATION SHALL INCLUDE BUT NOT BE LIMITED TO THE FOLLOWING: ASSESSMENT OF THE COMPLETION OF THE GOALS SET FOR THE CURRENT YEAR, AND SETTING NEW GOALS FOR THE FOLLOWING YEAR (GOALS SHOULD INCLUDE SPECIFIC ITEMS SUCH AS ENROLLMENT PROJECTIONS ON AND OFF CAMPUS, AMOUNT OF INCOME PROJECTED, AND RAISES). THE PRESIDENTIAL EVALUATION COMMITTEE MET TO REVIEW GOALS, DELIVERABLES FOR THE OVERALL UNIVERSITY AS PRESIDENT, AND MARKET DATA FOR THE POSITION. THE EVALUATION COMMITTEE MET WITH THE PRESIDENT TO DETERMINE GOALS, AND DISCUSSED THE PROCESS AND RECOMMENDATION WITH THE FULL BOARD OF TRUSTEES. THE FULL BOARD OF TRUSTEES VOTED TO RENEW THE PRESIDENT'S CONTRACT FOR COMPENSATION AND BENEFITS. THE EVALUATION WAS LAST CARRIED OUT IN JUNE OF 2021 AND COVERS A PERIOD OF THREE YEARS. THE NEXT EVALUATION WILL BE COMPLETED DURING SUMMER OF 2024. THE PRESIDENT NEGOTIATES CONTRACTS AND SETS COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S WEBSITE HAS AN "ABOUT UIU" LINK THAT PROVIDES THE PUBLIC WITH INFORMATION REGARDING OUR MISSION, VISION, STRATEGIC PLAN, AND OTHER NEWS AND INFORMATIONAL ITEMS. THE UNIVERSITY DOES NOT POST THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS ON THE PUBLIC WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS -1,118,295. CUMULATIVE EFFECT OF ADOPTION OF NEW STANDARD 108,424. TRANSFER OF CASH AND PREPAID TUITION TO US ENTITY -681,084. UPPER IOWA UNIVERSITY REAL ESTATE FOUNDATION LLC 605 WASHINGTON STREET FAYETTE IA 52142 EDUCATION IA 0 94357200 UPPER IOWA UNIVERSITY UPPER IOWA UNIVERSITY (HONG KONG) LIMITED 3/F MAX SHARE BLDG 373 KINGS ROAD NORTH POINT HK EDUCATION HK UPPER IOWA UNIVERSITY 1 UPPER IOWA UNIVERSITY - HONG KONG CAMPUS LIMITED 3/F MAX SHARE BLDG 373 KINGS ROAD NORTH POINT HK EDUCATION HK UPPER IOWA UNIVERSITY C 715199 1.00000 1 CHARITABLE REMAINDER UNITRUST (1) CHARITABLE TRUST IA N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE REMAINDER UNITRUST S 270020 CASH