SIMPSON COLLEGE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SIMPSON COLLEGE (EIN 42-0680389)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2023-04-14
- IRS object ID
- 202301049349300235
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-14T06:19:31-00:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680389 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Simpson College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SIMP | BusinessNameControlTxt |
| Phone | 5159616251 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 North C St | AddressLine1Txt |
| City | Indianola | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50125 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tracy Bollin | PersonNm |
| Person Title | AVP Controller | PersonTitleTxt |
| Phone | 5159616251 | PhoneNum |
| Signature | 2023-04-14 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Tracy | PersonFirstNm |
| Person Last | Bollin | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Marsha Kelliher | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 North C St | AddressLine1Txt |
| City | Indianola | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50125 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $73,125,663 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.simpson.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1905 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | A residential, coeducational, undergraduate liberal arts college. | ActivityOrMissionDesc |
| Voting Members Governing Body | 39 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 1051 | TotalEmployeeCnt |
| Total Volunteers | 75 | TotalVolunteersCnt |
| Total Gross UBI | -$3,371 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$3,371 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,161,494 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,932,316 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $53,451,359 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,810,382 | CYProgramServiceRevenueAmt |
| PY Investment Income | $19,028,691 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,687,641 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,439 | PYOtherRevenueAmt |
| CY Other Revenue | $10,528 | CYOtherRevenueAmt |
| PY Total Revenue | $82,646,983 | PYTotalRevenueAmt |
| CY Total Revenue | $65,440,867 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $27,187,342 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,925,837 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,980,968 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $19,419,671 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $960,247 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,898,105 | PYOtherExpensesAmt |
| CY Other Expenses | $21,603,086 | CYOtherExpensesAmt |
| PY Total Expenses | $65,066,415 | PYTotalExpensesAmt |
| CY Total Expenses | $68,948,594 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $17,580,568 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,507,727 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $180,912,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $164,069,372 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $43,481,351 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,164,817 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $137,431,592 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,904,555 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Through innovative learning opportunities, individual student attention, and an unwavering commitment to inclusive educational access, Simpson College cultivates a diverse community of learners to lead lives of meaning and purpose. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $27,925,837 | ExpenseAmt |
| Grant | $27,925,837 | GrantAmt |
| Desc | Simpson College provides financial assistance to students including federal, state and private funding as well as other forms of student aid and work programs. During the year, 1,100 students received some type of financial aid. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,722,031 | ExpenseAmt |
| Grant | $14,722,031 | GrantAmt |
| Revenue | $44,670,877 | RevenueAmt |
| Desc | Simpson College provides instruction to approximately 1,218 full and part-time undergraduate students, with major areas of instruction in business, elementary education, sciences and the arts. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,445,670 | ExpenseAmt |
| Desc | Simpson College provides student services support to its students in the areas of student development, academic and career counseling, college chaplain, intercollegiate athletics, financial aid counseling and other services. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $7,146,793 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $8,618,593 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $62,240,331 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1574 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1051 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 39 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tracy Bollin | PersonNm |
| Phone | 5159616251 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 North C St | AddressLine1Txt |
| City | Indianola | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50125 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Marsha Kelliher | |||||||||
| President | 040.00 | Yes (X) | Yes (X) | $374,261 | $0 | $49,266 | |||
| John Woell | |||||||||
| Academic Dean | 040.00 | Yes (X) | $157,874 | $0 | $32,539 | ||||
| Robert Lane | |||||||||
| VP for College Advancement | 040.00 | $164,145 | $0 | $17,758 | Yes (X) | ||||
| Phillip Pena | |||||||||
| VP for Business and Finance | 040.00 | $155,549 | $0 | $9,986 | Yes (X) | ||||
| Heidi Levine | |||||||||
| VP for Planning and Student Development | 040.00 | $119,908 | $0 | $16,243 | Yes (X) | ||||
| Leigh Mlodzik | |||||||||
| VP for Enrollment | 040.00 | $112,233 | $0 | $23,776 | Yes (X) | ||||
| Tracie Pavon | |||||||||
| AVP for Enrollment | 040.00 | $114,660 | $0 | $19,686 | Yes (X) | ||||
| Mark Bell | |||||||||
| Director of Athletics | 040.00 | $104,719 | $0 | $12,255 | Yes (X) | ||||
| Mark Juffernbruch | |||||||||
| Professor | 040.00 | $101,972 | $0 | $11,176 | Yes (X) | ||||
| William Friedricks | |||||||||
| Professor | 040.00 | $101,984 | $0 | $10,794 | Yes (X) | ||||
| Catherine Cole | |||||||||
| VP for Marketing and Strategic Communications | 040.00 | $100,323 | $0 | $6,188 | Yes (X) | ||||
| Terry W Handley | |||||||||
| Chair | 000.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Susan E Voss | |||||||||
| Secretary | 000.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Deanna Strable-Soethout | |||||||||
| Treasurer | 000.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Jessica Boltinghouse | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Jay Byers | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Nicole L Crain | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| D Robert Downing | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Rick W Exline | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Steven C Fiterman | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Ben F Gaumer | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Denise M Griffey | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Kamie Downing Haynes | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Mark L Hill | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Steven G Johnson | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas J Keating | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Ronald L Keller | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Sean M Kennedy | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Izaah JB Knox | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Virginia Lauridsen | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| John T Lawlor | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Terrance J Lillis | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Jay T Marshall | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Barbara A Miller | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Trent Murphy | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Jayna J Niblock | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Elizabeth Nigut | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| John R Norris | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Nile D Ramsbottom | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Robert G Riley Jr | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Joe Sorenson | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| James C Spooner | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Kirk J Tyler | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Juli M Willeman | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Maribeth Wright | |||||||||
| Trustee | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Timothy Bonney | |||||||||
| Ex-Officio | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Ron Carlson | |||||||||
| Ex-Officio | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Matt DeWolf | |||||||||
| Ex-Officio | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Bishop Kennetha Bingham-Tsai | |||||||||
| Ex-Officio | 000.50 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,607,628 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $209,667 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo Inc Affiliates | |||||
| PO Box 360170 | Pittsburgh | PA | 15251 | Food Services | $2,696,826 |
| Jones Lange LaSalle | |||||
| 200 E Randolph Dr Suite 4300 | Chicago | IL | 60601 | Facilities Mgmt Services | $2,195,087 |
| SSC Service Solutions Compass Group USA | |||||
| PO Box 417632 | Boston | MA | 63044 | Facilities Mgmt Services | $1,569,906 |
| Byrne Jones Construction | |||||
| 13940 St Charles Rock Road | St Lous | MO | 63044 | Construction | $1,301,465 |
| Story Construction Co | |||||
| 2810 Wakefield Circle | Ames | IA | 50010 | Construction | $1,123,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 29 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,694,234 | GovernmentGrantsAmt |
| All Other Contributions | $3,238,082 | AllOtherContributionsAmt |
| Noncash Contributions | $228,637 | NoncashContributionsAmt |
| Total Contributions | $6,932,316 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | BusinessBusinessCd |
|---|---|---|---|
| Tuition and Fees | $44,670,877 | $44,670,877 | |
| Residence Halls | $4,390,739 | $4,390,739 | |
| Food Services | $3,849,021 | $3,849,021 | 722320 |
| Bookstore | $33,361 | $33,361 | 451211 |
| Conference Programs | $345,471 | $345,471 | 721000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $520,913 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $520,913 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,810,382 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,382,669 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,371 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,386,040 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,124 | TotalRevenueColumnAmt |
| Exclusion | $7,124 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,404 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,404 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,404 | TotalRevenueColumnAmt |
| Exclusion | $3,404 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,989,768 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,684,796 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,304,972 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,304,972 | TotalRevenueColumnAmt |
| Exclusion | $3,304,972 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,440,867 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,810,382 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,371 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,701,540 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,925,837 | TotalAmt |
| Program Services | $27,925,837 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,234 | TotalAmt |
| Management And General | $806,234 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,052,215 | TotalAmt |
| Program Services | $12,090,363 | ProgramServicesAmt |
| Management And General | $1,296,765 | ManagementAndGeneralAmt |
| Fundraising | $665,087 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $528,087 | TotalAmt |
| Program Services | $421,090 | ProgramServicesAmt |
| Management And General | $100,490 | ManagementAndGeneralAmt |
| Fundraising | $6,507 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,991,281 | TotalAmt |
| Program Services | $2,443,401 | ProgramServicesAmt |
| Management And General | $512,991 | ManagementAndGeneralAmt |
| Fundraising | $34,889 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,041,854 | TotalAmt |
| Program Services | $830,761 | ProgramServicesAmt |
| Management And General | $198,256 | ManagementAndGeneralAmt |
| Fundraising | $12,837 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,768 | TotalAmt |
| Management And General | $145,768 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,650 | TotalAmt |
| Management And General | $127,650 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,674 | TotalAmt |
| Management And General | $87,674 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,053 | TotalAmt |
| Program Services | $190,065 | ProgramServicesAmt |
| Management And General | $114,988 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $785,259 | TotalAmt |
| Program Services | $504,980 | ProgramServicesAmt |
| Management And General | $205,821 | ManagementAndGeneralAmt |
| Fundraising | $74,458 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $928,641 | TotalAmt |
| Program Services | $416,090 | ProgramServicesAmt |
| Management And General | $512,551 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,677,414 | TotalAmt |
| Program Services | $7,463,889 | ProgramServicesAmt |
| Management And General | $213,486 | ManagementAndGeneralAmt |
| Fundraising | $39 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,276 | TotalAmt |
| Program Services | $260,702 | ProgramServicesAmt |
| Management And General | $27,990 | ManagementAndGeneralAmt |
| Fundraising | $45,584 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,494,241 | TotalAmt |
| Program Services | $1,405,614 | ProgramServicesAmt |
| Management And General | $88,627 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,524,492 | TotalAmt |
| Program Services | $3,273,035 | ProgramServicesAmt |
| Management And General | $211,344 | ManagementAndGeneralAmt |
| Fundraising | $40,113 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Fellowships and Scholarships | $1,907,141 | $1,907,141 | |
| Athletics | $955,345 | $955,345 | |
| Memberships | $231,698 | $14,897 | $216,801 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,098,434 | TotalAmt |
| Program Services | $2,137,121 | ProgramServicesAmt |
| Management And General | $880,580 | ManagementAndGeneralAmt |
| Fundraising | $80,733 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,948,594 | TotalAmt |
| Program Services | $62,240,331 | ProgramServicesAmt |
| Management And General | $5,748,016 | ManagementAndGeneralAmt |
| Fundraising | $960,247 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $541,663 | BOYAmt |
| EOY | $106,860 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,461,924 | BOYAmt |
| EOY | $14,517,446 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,331,102 | BOYAmt |
| EOY | $1,169,721 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,324,859 | BOYAmt |
| EOY | $1,164,918 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,232,858 | BOYAmt |
| EOY | $1,709,501 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $129,738,661 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $78,073,780 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,237,096 | BOYAmt |
| EOY | $51,664,881 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,255,837 | BOYAmt |
| EOY | $64,221,060 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,184,024 | BOYAmt |
| EOY | $28,513,047 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,343,580 | BOYAmt |
| EOY | $1,001,938 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,912,943 | BOYAmt |
| EOY | $164,069,372 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,312,565 | BOYAmt |
| EOY | $4,073,799 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,224,084 | BOYAmt |
| EOY | $1,084,644 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,180,000 | BOYAmt |
| EOY | $32,180,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,807,137 | BOYAmt |
| EOY | $1,323,864 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,957,565 | BOYAmt |
| EOY | $2,502,510 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,481,351 | BOYAmt |
| EOY | $41,164,817 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,417,934 | BOYAmt |
| EOY | $30,509,387 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,013,658 | BOYAmt |
| EOY | $92,395,168 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,431,592 | BOYAmt |
| EOY | $122,904,555 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,912,943 | BOYAmt |
| EOY | $164,069,372 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,507,727 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$11,019,310 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $1,814 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $1,814 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | II-B 1 | FormAndLineReferenceDesc |
| Explanation | Simpson College is a member of the Iowa Association of Independent Colleges and Universities IAICU. As calculated by IAICU, 5 of the annual dues paid by the College are attributed to lobby expenditures incurred by IAICU. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $121,640 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $105,332,071 | BeginningYearBalanceAmt |
| Contributions | $1,051,350 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,320,171 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,466,179 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,082,243 | OtherExpendituresAmt |
| Administrative Expenses | $87,674 | AdministrativeExpensesAmt |
| End Year Balance | $95,427,154 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,186,018 | BeginningYearBalanceAmt |
| Contributions | $562,808 | ContributionsAmt |
| Investment Earnings Or Losses | $25,410,997 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,058,771 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,666,558 | OtherExpendituresAmt |
| Administrative Expenses | $102,423 | AdministrativeExpensesAmt |
| End Year Balance | $105,332,071 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,808,538 | BeginningYearBalanceAmt |
| Contributions | $765,451 | ContributionsAmt |
| Investment Earnings Or Losses | $2,393,441 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,042,737 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,638,675 | OtherExpendituresAmt |
| Administrative Expenses | $100,000 | AdministrativeExpensesAmt |
| End Year Balance | $83,186,018 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $86,947,836 | BeginningYearBalanceAmt |
| Contributions | $802,421 | ContributionsAmt |
| Investment Earnings Or Losses | -$298,968 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,958,464 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,584,287 | OtherExpendituresAmt |
| Administrative Expenses | $100,000 | AdministrativeExpensesAmt |
| End Year Balance | $83,808,538 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $84,607,132 | BeginningYearBalanceAmt |
| Contributions | $514,633 | ContributionsAmt |
| Investment Earnings Or Losses | $6,377,808 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,513,981 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,937,756 | OtherExpendituresAmt |
| Administrative Expenses | $100,000 | AdministrativeExpensesAmt |
| End Year Balance | $86,947,836 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.13000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.87000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $260,683 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,029,854 | OtherCostOrOtherBasisAmt |
| Book Value | $2,290,537 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $277,179 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $102,366,182 | OtherCostOrOtherBasisAmt |
| Depreciation | $61,691,930 | DepreciationAmt |
| Book Value | $40,951,431 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,761,352 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,381,850 | DepreciationAmt |
| Book Value | $1,379,502 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,043,411 | OtherCostOrOtherBasisAmt |
| Book Value | $7,043,411 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $51,664,881 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Financial derivatives and other financial products | ||
| Closely-held equity interests | ||
| SmallCap Intl Equity Funds | $1,514,559 | F |
| Intl Emerging Markets | $1,952,159 | F |
| Fixed Income Funds | $3,285,362 | F |
| Alternative and LP Investments | $18,061,789 | F |
| Beneficial Interest in Trusts | $3,646,472 | F |
| Cash Surrender Value of Life Insurance | $46,356 | F |
| Other | $6,350 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $28,513,047 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| Student, Personnel, and Sundry Deposits | $1,155,400 |
| US Government Loan Funds Refundable | $1,347,110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,502,510 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,545,778 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$11,019,310 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $50,058 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$27,925,837 | OtherRevenueAmt |
| Revenue Not Reported | -$38,895,089 | RevenueNotReportedAmt |
| Revenue Subtotal | $65,440,867 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $65,440,867 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $41,072,815 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $50,058 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $50,058 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,022,757 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $27,925,837 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $27,925,837 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $68,948,594 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| III 4 | Simpson College maintains various artworks utilized primarily for the preservation of the heritage of the College and general public observation. |
| V 4 | The Simpson College endowment is intended to support the Colleges students by providing scholarships and loan funds as well as the College by providing support for operations and facilities. |
| X 2 | The College is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the College is subject to federal income tax on any unrelated business taxable income. The College files tax returns in the US federal jurisdiction. |
| XI 2d | Scholarships in Expenses for tax purposes -27,925,837 |
| XII 4b | Scholarships in Expenses for tax purposes -27,925,837 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | 6a | FormAndLineReferenceDesc |
| Explanation | The College receives student financial aid under Title IV and Higher Education Emergency Relief funds, as well as other assistance from the Federal government and from the State of Iowa in the form of pass-through aid to qualifying students. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| South America | Program Services | Student international course travel | $17,889 |
| Europe Including Iceland and Greenland | Program Services | Student international course travel | $217,837 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $235,726 | SubtotalSpentAmt |
| Total Spent | $235,726 | TotalSpentAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 1023 | RecipientCnt |
| Cash Grant | $27,925,837 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 2 | FormAndLineReferenceDesc |
| Explanation | Scholarships are awarded to students through the Financial Aid Office and are based on stated criteria. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| Marsha Kelliher | |||||
| President | $374,261 | $10,938 | $38,328 | $423,527 | |
| John Woell | |||||
| Academic Dean | $157,874 | $4,813 | $27,726 | $190,413 | |
| Robert Lane | |||||
| VP for College Advancement | $158,821 | $4,728 | $13,030 | $181,903 | $5,324 |
| Phillip Pena | |||||
| VP for Business and Finance | $152,850 | $4,375 | $5,611 | $165,535 | $2,699 |
| William Friedricks | |||||
| Professor | $48,252 | $959 | $9,835 | $112,778 | $53,732 |
| Catherine Cole | |||||
| VP for Marketing and Strategic Communications | $91,326 | $1,108 | $5,080 | $106,511 | $8,997 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 1a | FormAndLineReferenceDesc |
| Explanation | The President is provided a residence in which they are required to live. The residence is regularly used for college functions. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Iowa Higher Education Loan Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 421235696 | BondIssuerEIN |
| CUSIP | 4624607S9 | CUSIPNum |
| Bond Issued | 2020-11-25 | BondIssuedDt |
| Issue Price | $33,439,068 | IssuePriceAmt |
| Purpose | Renovate facility refund issue 06/26/13 | PurposeDesc |
| Defeased | false | DefeasedInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| In Reserve Fund | $32,084,905 | InReserveFundAmt |
| Capitalized Interest | $1,914,760 | CapitalizedInterestAmt |
| Refunding Escrow | $11,061 | RefundingEscrowAmt |
| Credit Enhancement | $646,947 | CreditEnhancementAmt |
| Capital Expenditures | $6,345,071 | CapitalExpendituresAmt |
| Other Spent Proceeds | $20,976,657 | OtherSpentProceedsAmt |
| Unspent | $2,190,409 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II Line 3 | FormAndLineReferenceDesc |
| Explanation | The total proceeds do not agree to the issue price in Part I, Column e due to investment earnings / market value fluctuations. | ExplanationTxt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,442 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 14 | ContributionCnt |
| Noncash Contributions Rpt F990 | $218,992 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Miscellaneous | Desc |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,203 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d | Simpson College provides auxiliary services to support student instruction and residence life. Auxiliary services include student housing and food services, college bookstore and conference programs. Expenses 7,146,793 including grants of 0. Revenue 8,618,593 |
| Form 990, Part VI, Section A, Line 1 | Between meetings of the Board, the Executive Committee shall have general supervision of the administration and property of the College, except that, unless specifically empowered by the Board to do so, it may not take any action inconsistent with a prior act of the Board, award degrees, alter bylaws, locate permanent buildings on tax-exempt property held for College purposes, remove or appoint the President of the College, or take any action which has been reserved by the Board. Minutes of each meeting are presented to the Board at the full Board of trustees meeting for comment and such action as is appropriate. |
| Form 990, Part VI, Section B, Line 11b | The Audit and Compliance committee will review a draft of the return prior to filing and the final return will be made available to all trustees prior to filing. |
| Form 990, Part VI, Section B, Line 12c | Board members are required to disclose conflicts for any action item involving a potential conflict of interest, whether present at a Board or committee meeting or absent. The conflict will be noted in the meeting minutes. The Board member may not participate in or be allowed to hear the Board or committee discussion of the matter except to disclose material facts or answer questions. The Board member shall not attempt to exert influence with respect to the matter. The Board member shall not be counted toward the quorum of the meeting, will not be allowed to vote on the matter and shall not be present during the vote unless it is by secret ballot. All these considerations will be reflected in the meeting minutes. |
| Form 990, Part VI, Section B, Line 15 | The Executive Compensation Committee of the Board of Trustees, consisting of the Treasurer, Secretary, and Chairperson of the Board, is charged with reviewing and approving the compensation of the President. The Committee uses comparability data such as a survey issued to several private colleges regarding total compensation for a President conducted by an independent compensation consultant and salary data for private college administrator positions provided by a state association of independent private colleges. The President establishes salaries for all other key employees based on comparable market data and other factors. |
| Form 990, Part VI, Section C, Line 19 | Upon written request to the President or Vice President for Business Finance, the College will make its governing documents, conflict of interest policy, and financial statements available to the public. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dennis L & Hindreth M Murphy Scholarship Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 N C Street | AddressLine1Txt |
| City | Indianola | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50125 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 426585405 | EIN |
| Primary Activities | Scholarship Awards | PrimaryActivitiesTxt |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Exempt Code Section | 501c3 | ExemptCodeSectionTxt |
| Public Charity Status | Line 12a, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Simpson College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |