2023-04-12T14:13:12-05:00 2022-05-31 431365401 THE WHITLOCK COMPANY LLP 3271 E BATTLEFIELD SUITE 300 SPRINGFIELD MO 65804 990 2021-06-01 440552049 DRURY UNIVERSITY DRUR 4178737879 900 N BENTON AVENUE SPRINGFIELD MO 65802 ROB FRIDGE EVP/CFO 4178737526 2023-04-11 1 ROB FRIDGE 999009999 JOSEPH PAGE P00887441 4178810145 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ROB FRIDGE 900 N BENTON SPRINGFIELD MO 65802 75721067 0 X HTTPS://WWW.DRURY.EDU/ X 1873 MO DRURY UNIVERSITY IS AN INDEPENDENT UNIVERSITY, CHURCH-RELATED, GROUNDED IN THE LIBERAL ARTS TRADITION AND COMMITTED TO PERSONALIZED EDUCATION IN A COMMUNITY OF SCHOLARS WHO VALUE THE ARTS OF TEACHING AND LEARNING 35 35 1303 225 0 0 12677288 8552809 60228288 59796737 4698218 5416731 834061 1954790 78437855 75721067 25951169 27332382 0 0 28812339 30854600 0 0 1293935 18835780 21271020 73599288 79458002 4838567 -3736935 205842663 197297672 48375800 50976627 157466863 146321045 DRURY UNIVERSITY IS AN INDEPENDENT UNIVERSITY, CHURCH-RELATED, GROUNDED IN THE LIBERAL ARTS TRADITION AND COMMITTED TO PERSONALIZED EDUCATION IN A COMMUNITY OF SCHOLARS WHO VALUE THE ARTS OF TEACHING AND LEARNING 0 0 34665543 51783554 INSTRUCTION: ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S PROGRAM OF INSTRUCTION THAT COMBINE PROFESSIONAL TRAINING WITH LIBERAL ARTS EDUCATION. MORE THAN 50 MAJORS ARE OFFERED THROUGH DRURY THAT WAS FOUNDED IN 1873. THE CURRENT STUDENT BODY CONSISTS OF APPROXIMATELY 1500 FULL TIME STUDENT AND SEVERAL THOUSAND ENROLLED IN THE EVENING, GRADUATE AND ONLINE PROGRAMS. 27332382 27332382 7371521 SCHOLARSHIPS AND FINANCIAL AID TO STUDENTS: DRURY IS COMMITTED TO PROVIDING A QUALITY EDUCATION WITH LIFELONG VALUE AT AN AFFORDABLE COST. MORE THAN 90% OF DRURY STUDENTS RECEIVE SOME SORT OF FINANCIAL AID. 2534125 8013183 AUXILLARY ENTERPRISES: ACTIVITIES INCURRED TO PROVIDE GOODS AND SERVICES TO STUDENTS, FACULTY AND STAFF AND FOR WHICH FEES ARE CHARGED TO COVER THE APPROXIMATE COSTS OF THE GOOD OR SERVICE. INCLUDES STUDENT HOUSING AND FOOD SERVICES AS THE LARGEST COMPONENTS. WITH INTERCOLLEGIATE ATHLETICS AND OTHER SELF SUPPORT ACTIVITIES. 64532050 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 240 0 1303 1 0 0 0 0 1 1 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROB FRIDGE 4178737526 900 N BENTON SPRINGFIELD MO 65802 RITA BARON CHAIR 2.00 X X 0 0 0 STEVE EDWARDS VICE-CHAIR 2.00 X X 0 0 0 WILLIAM HART SECRETARY 2.00 X X 0 0 0 TOM STOUT TREASURER 2.00 X X 0 0 0 J TIMOTHY CLOYD PHD PRESIDENT OF THE UNIVERSITY 40.00 X X 365834 0 365834 KRIS ANDERSON TRUSTEE 2.00 X 0 0 0 RICK AYRE TRUSTEE 2.00 X 0 0 0 JAN BAUMGARTNER TRUSTEE 2.00 X 0 0 0 JANE BRITE TRUSTEE 2.00 X 0 0 0 DIANA BUGG TRUSTEE 2.00 X 0 0 0 ISAAC CODY TRUSTEE 2.00 X 0 0 0 ROBERT M COX JR TRUSTEE 2.00 X 0 0 0 JACK DELO TRUSTEE 2.00 X 0 0 0 ROB DICKERSON TRUSTEE 2.00 X 0 0 0 CURTIS L DINAN TRUSTEE 2.00 X 0 0 0 GAIL L FREDRICK TRUSTEE 2.00 X 0 0 0 WALTER N GEORGE III TRUSTEE 2.00 X 0 0 0 KIM HAMM TRUSTEE 2.00 X 0 0 0 JASON JENKINS TRUSTEE 2.00 X 0 0 0 SARAH LEWIS TRUSTEE 2.00 X 0 0 0 JENNIFER MAHAFFEY TRUSTEE 2.00 X 0 0 0 THOMAS MCALEAR TRUSTEE 2.00 X 0 0 0 JEANA MCFERRON-BERRON TRUSTEE 2.00 X 0 0 0 CARRIE MCLINEY TRUSTEE 2.00 X 0 0 0 RONALD A NEVILLE TRUSTEE 2.00 X 0 0 0 BETH PILE TRUSTEE 2.00 X 0 0 0 EMILY PITTS TRUSTEE 2.00 X 0 0 0 THOMAS PRATER MD TRUSTEE 2.00 X 0 0 0 TIM REESE TRUSTEE 2.00 X 0 0 0 TERRY REYNOLDS TRUSTEE 2.00 X 0 0 0 JOHN WILLIAM RICKETTS TRUSTEE 2.00 X 0 0 0 STEVE SEIBERT TRUSTEE 2.00 X 0 0 0 JAMES SPANGLER TRUSTEE 2.00 X 0 0 0 GORM TUXEN TRUSTEE 2.00 X 0 0 0 MARK WALKER TRUSTEE 2.00 X 0 0 0 THOMAS WARREN TRUSTEE 2.00 X 0 0 0 JOEL ALEXANDER ALUMNI COUNCIL 2.00 X 0 0 0 KENNETH L CARTER EMERITUS TRUSTEE 2.00 X 0 0 0 LYNN CHIPPERFIELD EMERITUS TRUSTEE 2.00 X 0 0 0 JEANETTE BASS CLINKENBEARD EMERITUS TRUSTEE 2.00 X 0 0 0 BETTY COLE DUKERT EMERITUS TRUSTEE 2.00 X 0 0 0 ILENE K GIPSON PHD EMERITUS TRUSTEE 2.00 X 0 0 0 DAVID GOHN EMERITUS TRUSTEE 2.00 X 0 0 0 WALTER B GRIMM EMERITUS TRUSTEE 2.00 X 0 0 0 SUSIE HENRY EMERITUS TRUSTEE 2.00 X 0 0 0 THOMAS WESTBROOK LYNCH MD EMERITUS TRUSTEE 2.00 X 0 0 0 WILLIAM VAUGHAN EMERITUS TRUSTEE 2.00 X 0 0 0 RONALD L WALSWORTH EMERITUS TRUSTEE 2.00 X 0 0 0 ROSALIE WOOTEN EMERITUS TRUSTEE 2.00 X 0 0 0 JOHN BEUERLEIN LIFE TRUSTEE 2.00 X 0 0 0 LOREN E BROADDUS MD LIFE TRUSTEE 2.00 X 0 0 0 JAMES WAYNE CHIPMAN SR VICE PRESIDENT MAJOR GIFTS 40.00 X 196270 0 196270 BETH ANN HARVILLE EVP OF ACADEMIC AFFAIRS 40.00 X 190919 0 190919 KEVIN C KROPF EVP OF ENROLLMENT MGT 40.00 X 159009 0 159009 AARON DONALD JONES EVP UNIVERSITY RELATIONS 40.00 X 154124 0 154124 JUDY A THOMPSON VP OF ADVANCEMENT 40.00 X 143301 0 143301 ROBERT J FRIDGE EVP OF ADMIN SERVICES 40.00 X 141109 0 141109 TIJUANA K JULIAN EVP OF STUDENT AFFAIRS 40.00 X 135098 0 135098 COREY D BRAY VP AND ATHLETIC DIRECTOR 40.00 X 129950 0 129950 MARILYN HARRIS VICE-PRESIDENT 40.00 X 112768 0 112768 JENNIFER ELAYNE JOSLIN ASSOC VICE PRESIDENT 40.00 X 102897 0 102897 CHELSEY DOLLARHIDE EVP OF ADMIN SERVICES 40.00 X 100522 0 100522 BRANDON DEAN GAMMILL VICE PRESIDENT OF FACILITY OPERATIONS 40.00 X 98510 0 98510 VALENTIN B SERAFIMOV VP OF TECHNOLOGY SERVICES 40.00 X 97242 0 97242 DAVID J HINSON VICE PRESIDENT/CHIEF OF STAFF 40.00 X 94074 0 94074 CLIFTON DOSS PETTY PROFESSOR 40.00 X 143576 0 143576 AMY M EAGAN COACH - WOMEN'S BASKETBALL 40.00 X 121569 0 121569 STEVE T HESSER COACH - MEN'S BASKETBALL 40.00 X 117932 0 117932 HELEN J WHITEAKER-POE ASST PROFESSOR 40.00 X 116034 0 116034 CHARLES A TAYLOR PROFESSOR 40.00 X 114878 0 114878 2835616 0 2835616 25 0 1 0 FRESH IDEAS MANAGEMENT LLC 1000 W NIFONG BLVD BLDG 3-SUITE 2 COLUMBIA MO 65203 FOOD SERVICE 1400814 COOPER ROBERTSON & PARTNERS ARCHITECTS 123 WILLIAM STREET FLOOR 27 NEW YORK NY 10038 MASTER PLAN CONSULTANT 1324613 CDW GOVERNMENT LLC 75 REMITTANCE DRIVE STE 1515 CHICAGO IL 606751515 DATA STORAGE AND NETWORKING EQUIPMENT SE 634055 CITY OF REPUBLIC 204 N MAIN ST REPUBLIC MO 65738 SERVICES RELATED TO SALE OF PROPERTY 443138 APOGEE TELECOM INC PO BOX 735905 DALLAS TX 753735905 DATA STORAGE AND NETWORKING EQUIPMENT SE 428617 22 2319910 6232899 1345107 8552809 TUITION 611710 51783554 51783554 AUXILLIARY SERVICES 611710 8013183 8013183 59796737 5331192 5331192 85539 0 85539 85539 85539 OTHER REVENUES 611710 1954790 1954790 1954790 75721067 67168258 0 0 27332382 27332382 2521061 477320 1849213 194528 21920608 19884169 1398237 638202 1050255 874930 139543 35782 3691675 3075404 490496 125775 1671001 1392052 222018 56931 1652871 573695 1079176 1032651 138567 859233 34851 475370 356124 113568 5678 1137945 152163 962719 23063 1109085 330226 778859 1706355 1521178 119872 65305 1224063 1224063 3977102 3518147 458955 1084823 163187 921636 UTILITIES, PHONE, INTER 2627914 101961 2525953 COST OF GOODS SOLD 1958386 1924473 33913 EQUIPMENT AND REPAIRS A 1389198 1379456 1031 8711 MISCELLANEOUS OPERATING 807604 691327 77337 38940 1087653 645289 376195 66169 79458002 64532050 13632017 1293935 20406879 8526041 9876926 8032758 7206551 5492531 6352436 2380108 506043 264372 163100 191777 1339514 1768367 162852511 80901079 69597434 81951432 69491997 63176392 20901783 23103173 0 2410721 205842663 197297672 4346101 5534708 4373 6936 39487563 42087879 4537763 3347104 48375800 50976627 X 53714091 52738327 103752772 93582718 157466863 146321045 205842663 197297672 X -3736935 -7579059 170176 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103664372 316615 -3938149 3054678 96988160 93282119 298754 16460477 6376978 103664372 96516597 347813 2229114 5811405 93282119 97510320 1740980 401512 3136215 96516597 89838763 3290242 7387615 3006300 97510320 1 0 7876905 7876905 109354973 59143576 50211397 3937091 2204986 1732105 15910095 14149029 1761066 25773447 5403488 20369959 81951432 CASH EQUIVALENTS 960011 C REIT FUNDS 12000 C OTHER INVESTMENTS 22131162 C 23103173 ANNUITIES PAYABLE 2115777 FUNDS HELD FOR OTHERS 827285 LOAN FUND PAYABLE 404042 3347104 38750701 -9341592 -9341592 48092293 27628774 27628774 75721067 52125621 0 52125621 27332381 27332381 79458002 PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN INCOME PORTION OF FINANCIAL STATEMENTS 27,332,382. INVESTMENT MANAGEMENT FEES 296,392. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN THE REVENUE PORTION OF FINANCIAL STATEMENT 27,332,381. INVESTMENT MANAGEMENT FEES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NON-DISCRIMINATION STATEMENT IS INCLUDED ON THE APPLICATION FOR ADMISSIONS AND PUBLISHED ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 US DEPARTMENT OF EDUCATION AWARDS HEERF CARES ACT GRANT 0 SCHOLARSHIPS FOR STUDENTS ATTENDING DRURY UNIVERSITY 2159 27332382 VALUE OF TUITION X 0 0 0 0 0 0 0 0 0 J TIMOTHY CLOYD PHD PRESIDENT OF THE UNIVERSITY 365834 0 0 0 0 0 5688 0 6400 0 377922 0 0 0 JAMES WAYNE CHIPMAN SR VICE PRESIDENT MAJOR GIFTS 196270 0 0 0 0 0 3486 0 6400 0 206156 0 0 0 BETH ANN HARVILLE EVP OF ACADEMIC AFFAIRS 190919 0 0 0 0 0 3558 0 6400 0 200877 0 0 0 KEVIN C KROPF EVP OF ENROLLMENT MGT 159009 0 0 0 0 0 3075 0 6400 0 168484 0 0 0 AARON DONALD JONES EVP UNIVERSITY RELATIONS 154124 0 0 0 0 0 2814 0 6400 0 163338 0 0 0 DAVID J HINSON VICE PRESIDENT/CHIEF OF STAFF 94074 0 0 0 0 0 0 0 64000 0 158074 0 0 0 CLIFTON DOSS PETTY PROFESSOR 143576 0 0 0 0 0 2304 0 6400 0 152280 0 0 0 JUDY A THOMPSON VP OF ADVANCEMENT 143301 0 0 0 0 0 2410 0 6400 0 152111 0 0 0 ROBERT J FRIDGE EVP OF ADMIN SERVICES 141109 0 0 0 0 0 2507 0 6400 0 150016 0 0 0 A HEALTH & EDUCATIONAL FACILITY 431178966 999999998 2016-12-29 31180000 CAMPUS BUILDING PROJECTS 0 0 0 A 31180000 495000 30685000 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 12 1345107 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990 WITH THE IRS, A COPY OF THE ENTIRE RETURN IS SENT TO THE BOARD OF TRUSTEE'S EXECUTIVE COMPENSATION COMMITTEE, WHICH CONSISTS OF BOARD OFFICERS AND THE FINANCE CHAIR, FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY AND REVIEWED. FORM 990, PART VI, SECTION B, LINE 15 PART VI LINE 15A THE CHAIRMAN OF THE BOARD OF TRUSTEES COMPARES THE PRESIDENT'S COMPENSATION THROUGH VARIOUS INDUSTRY RESOURCES, THEN IT IS REVIEWED, DISCUSSED, DELIVERATED AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES THE BOARD OF TRUSTEES EXECUTIVE COMPENSATION COMMITTEE REVIEWS AND APPROVES ANY SALARIES THAT ARE REQUIRED TO BE INCLUDED ON THE 990 RETURN. THIS COMMITTEE ALSO APPROVES BENEFITS (IF ANY) OUTSIDE OF THE SET OFFERED TO ALL EMPLOYEES FOR THE INDIVIDUAL REPORTED ON THE 990. PART VI LINE 15B THE CHAIRMAN OF THE BOARD OF TRUSTEES COMPARES THE PRESIDENT'S COMPENSATION THROUGH VARIOUS INDUSTRY RESOURCES, THEN IT IS REVIEWED, DISCUSSED, DELIVERATED AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES EXECUTIVE COMPENSATION COMMITTEE REVIEWS AND APPROVES ANY SALARIES THAT ARE REQUIRED TO BE INCLUDED ON THE 990 RETURN. THIS COMMITTEE ALSO APPROVES BENEFITS (IF ANY) OUTSIDE OF THE SET OFFERED TO ALL EMPLOYEES FOR THE INDIVIDUAL REPORTED ON THE 990. FORM 990, PART VI, SECTION C, LINE 19 SOME DOCUMENTS AND INFORMATION ARE MADE AVAILABLE ON VARIOUS WEBSITES, REQUEST FOR INFORMATION WILL BE EVALUATED ON AN INDIVIDUAL BASIS. FORM 990, PART XI, LINE 9: DECREASE IN VALUE OF PERPETUAL TRUSTS -1,844,169. INCREASE IN VALUE OF SPLIT-INTEREST TRUSTS 81,635. GAIN IN VALUE OF INTEREST RATE SWAP AGREEMENTS 1,932,710.