2023-05-04T09:28:39-05:00 2022-06-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2021-07-01 730579265 OKLAHOMA CITY UNIVERSITY % ANNA DAVIS OKLA 4052085000 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 ANNA DAVIS CONTROLLER 4052085000 2023-05-15 true ANNA DAVIS 999009999 April Arnold CPA P01559426 8162216300 3 2021 2023-04-26 12:10:37Z KENNETH EVENS 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 110427881 false X WWW.OKCU.EDU X 1904 OK OKLAHOMA CITY UNIVERSITY PREPARES ALL LEARNERS TO CREATE, LEAD AND SERVE. 41 41 1413 250 433 9987556 13548453 92656388 89087171 4852646 5102017 1718361 1844453 109214951 109582094 33951500 33844130 0 0 42846348 43007422 0 0 1858991 35127787 35115625 111925635 111967177 -2710684 -2385083 362717659 347571269 121697745 117472841 241019914 230098428 X SEE SCHEDULE O false false 97159135 32590090 79458574 INSTRUCTIONAL PROGRAMS. PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND RELATED SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS, INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND STUDENT AID. AVERAGE STUDENT ENROLLMENT FOR THE 2021-2022 ACADEMIC YEAR WAS 2550. 5229292 1254040 9628597 AUXILIARY SERVICES INCLUDE EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES, INCLUDING THE UNIVERSITY BOOKSTORE, ROOM AND BOARD, VENDING, AND OTHER VARIOUS OPERATIONS THAT SUPPORT THE MISSION OF THE UNIVERSITY. 102388427 true true false true false false false true false true true false false true true true true false true false false false false false true false false false true true true false false false false false false false false false false true true false false false true true true false false true 4000 0 true 1413 true false false false false false true true false false false false false false X 41 41 true false false false false false false true true false false true true true true true false true true false CA OK X ANNA DAVIS 4052085000 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 JAMES ROTH DEAN 40.0 0.0 X 291243 0 18712 CASEY ROSS UNIVERSITY GENERAL COUNSEL 40.0 0.0 X 188676 0 20539 PAULA DALLEY ASSOCIATE DEAN 40.0 0.0 X 177260 0 19885 KEVAN BUCK VICE PRESIDENT, FINANCE /CFO 40.0 0.0 X 183470 0 10357 STEVEN AGEE PROFESSOR OF ECONOMICS 40.0 0.0 X 171989 0 19688 MARK PARKER DEAN 40.0 0.0 X 171718 0 17340 LEE PEOPLES DIRECTOR 40.0 0.0 X 177834 0 8794 LYNANN STERK-BROOKS VICE PRESIDENT, ADVANCEMENT 40.0 0.0 X 158194 0 13493 KENNETH EVANS PRESIDENT 40.0 0.0 X 157065 0 10904 KEVIN WINDHOLZ VICE PRESIDENT, ENROLLMENT/COM 40.0 0.0 X 142328 0 23373 HELEN GAUDIN INTERIM PROVOST & VP ACADEMIC 40.0 0.0 X 145457 0 15132 MARTHA BURGER PRESIDENT 40.0 0.0 X 159996 0 581 GERRY HUNT CHIEF INFORMATION OFFICER 40.0 0.0 X 149553 0 7955 JOEY CROSLIN VICE PRESIDENT, HUMAN RESOURCE 40.0 0.0 X 142199 0 12380 AMY AYRES VICE PRESIDENT, STUDENT AFFAIR 40.0 0.0 X 135413 0 14230 TALIA CARROLL VICE PRESIDENT, DIVERSITY 40.0 0.0 X 121468 0 15833 JAMES ABBOTT ASSISTANT VICE PRESIDENT, ATHL 40.0 0.0 X 109671 0 25336 ANNA DAVIS SENIOR DIRECTOR AND CONTROLLER 40.0 0.0 X 57689 0 2875 BRYCE ENGLEBERT SENIOR DIRECTOR AND CONTROLLER 40.0 0.0 X 25240 0 1126 JAMES JIMMY NUNN RESIDENT BISHOP 1.0 0.0 X X 0 0 0 WILLIAM F SHDEED CHAIRMAN EMERITUS 1.0 0.0 X X 0 0 0 RONALD J NORICK IMMEDIATE PAST CHAIRMAN 1.0 0.0 X X 0 0 0 NICHOLAS HARROZ III TREASURER 1.0 0.0 X X 0 0 0 JANE JAYROE GAMBLE SECRETARY 1.0 0.0 X X 0 0 0 GARY HOMSEY VICE CHAIRMAN 1.0 0.0 X X 0 0 0 PAUL MCLAUGHLIN CHAIRMAN 1.0 0.0 X X 0 0 0 JEANNE HOFFMAN SMITH TRUSTEE 1.0 0.0 X 0 0 0 SALLY STARLING TRUSTEE 1.0 0.0 X 0 0 0 PATRICK T ROONEY TRUSTEE 1.0 0.0 X 0 0 0 JERRY B VANNATTA TRUSTEE 1.0 0.0 X 0 0 0 KATHY L WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 SHANNON RODENBERG TRUSTEE 1.0 0.0 X 0 0 0 MEG SALYER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM MEE TRUSTEE 1.0 0.0 X 0 0 0 GEORGE R RANDALL TRUSTEE 1.0 0.0 X 0 0 0 RICHARD PARRY TRUSTEE 1.0 0.0 X 0 0 0 HERMAN MEINDERS TRUSTEE 1.0 0.0 X 0 0 0 JUDY LOVE TRUSTEE 1.0 0.0 X 0 0 0 ROBERT E LONG TRUSTEE 1.0 0.0 X 0 0 0 JENEE NAIFEH LISTER TRUSTEE 1.0 0.0 X 0 0 0 DAVID WILSON TRUSTEE 1.0 0.0 X 0 0 0 CATHY LEICHTER TRUSTEE 1.0 0.0 X 0 0 0 DON KIM TRUSTEE 1.0 0.0 X 0 0 0 BILL JUNK TRUSTEE 1.0 0.0 X 0 0 0 EMMANUEL E EDEM TRUSTEE 1.0 0.0 X 0 0 0 GERALD L GAMBLE TRUSTEE 1.0 0.0 X 0 0 0 JACK GOLSEN TRUSTEE 1.0 0.0 X 0 0 0 ANN JOHNSTONE TRUSTEE 1.0 0.0 X 0 0 0 MO GROTJOHN TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL MICKEY HOMSEY TRUSTEE 1.0 0.0 X 0 0 0 JOE HOMSEY JR TRUSTEE 1.0 0.0 X 0 0 0 LOU KERR TRUSTEE 1.0 0.0 X 0 0 0 DERREK BELASE TRUSTEE 1.0 0.0 X 0 0 0 LOUISE BASS TRUSTEE 1.0 0.0 X 0 0 0 ANDREW BENTON TRUSTEE 1.0 0.0 X 0 0 0 DEBBIE FLEMING TRUSTEE 1.0 0.0 X 0 0 0 CLINT PURTELL TRUSTEE 1.0 0.0 X 0 0 0 SHANE SANDERS TRUSTEE 1.0 0.0 X 0 0 0 T W SHANNON TRUSTEE 1.0 0.0 X 0 0 0 JOHN VEAL TRUSTEE 1.0 0.0 X 0 0 0 COREY BRAY ATHLETIC DIRECTOR 40.0 0.0 X 0 0 0 2866463 0 258533 46 false true false COMPASS GROUP USA INC DBA CHART 2400 YORKMONT RD CHARLOTTE NC 282174511 FOOD SERVICES 3810237 WITT FIALA FLANNERY AND ASSOC INC 211 S JEFFERSON AVE ST LOUIS MO 631032511 JANITORIAL SERVICES 955792 COLLEGIS LLC 1415 W 22ND ST STE 200 OAK BROOKE IL 605238419 ENROLL CONSULTING 656736 BECK ASSOCIATES ARCHITECTS PLLC DEPARTMENT 12 PO BOX 21228 TULSA OK 741211228 ARCHITECT SERVICES 399413 BARBI INC 9400 N CENTRAL EXPY STE 613 DALLAS TX 752315005 LAW BAR REVIEW 481710 16 346171 3717914 9484368 296978 13548453 TUITION AND FEES 611310 79385819 79385819 CAMPS/CONFERENCES/PERFORMANCES 611710 345627 345627 ROOM/BOARD REVENUES 611710 9051496 9051496 BOOKSTORE REVENUE 451211 91500 91500 ATHLETIC EVENTS 711300 212729 212729 89087171 1931730 1931730 0 577985 433 577552 804565 804565 0 804565 804565 3735315 62963 565028 62963 3170287 3170287 3170287 85008 346171 217796 -132788 -132788 0 0 0 0 0 0 All Other Misc Revenue 900099 594691 594691 594691 594691 594691 109582094 89087171 433 6946037 0 33844130 33844130 0 0 2349558 408917 1746347 194294 0 33763438 31126266 1826589 810583 1032951 945168 60726 27057 3321954 3175657 82562 63735 2539521 2234548 234868 70105 0 0 143834 143834 15000 15000 0 457518 457518 9084941 8656529 321214 107198 1158954 1047034 100335 11585 2276945 2040568 101326 135051 1509593 687218 753455 68920 0 2307837 2202500 105337 894695 859880 12408 22407 0 356433 292675 28841 34917 4464897 3890614 574283 0 7737244 7490706 246538 1602377 1483501 117079 1797 OTHER PROGRAM EXPENSES 3105357 1987516 806499 311342 111967177 102388427 7719759 1858991 11259 5380 12111549 10043966 2411199 3189893 1205981 1537664 0 0 0 0 0 0 0 0 2102197 1799320 310289501 122646020 193723262 187643481 97012179 80778687 3029713 2813518 1487036 888271 0 0 49623284 58871089 362717659 347571269 7319625 5892439 0 0 4439995 4030002 95959219 93808213 0 0 0 0 3827049 4278807 0 0 10151857 9463380 121697745 117472841 X 104262948 96033496 136756966 134064932 241019914 230098428 362717659 347571269 -2385083 -8536403 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 15000 15000 false SCHEDULE C, PART II-B, LINE 1I THE UNIVERSITY USED A CONSULTANT FOR LOBBYING AND CONSULTING WORK RELATED TO POTENTIAL GRANT FUNDING FOR A TELEMEDICINE PROGRAM. 634715 X X X X false 150601166 2808137 -4285124 6485197 142638982 122654441 1407690 32514437 5975402 150601166 127137085 2282863 -543818 6221689 122654441 114873672 4252910 17866229 9855726 127137085 106148447 1194867 12986276 5455918 114873672 0.07708 0.54655 0.37637 true false 10712115 10712115 192379148 63020487 129358661 46915640 15802322 31113318 60282598 43823211 16459387 187643481 BENEFICIAL INTEREST IN TRUSTS 58283545 RIGHT OF USE ASSETS 296656 Other 290888 58871089 0 Deposits held in custody for others 593922 FED GOVT ADVANCES FOR STUDENT LOANS 1664000 Annuities payable 835589 Capital lease obligations 6369869 9463380 X 63812567 -8536403 4946 -8531457 72344024 457518 36780552 37238070 109582094 74734053 4946 4946 74729107 457518 36780552 37238070 111967177 SCHEDULE D, PART III, LINE 1A THE UNIVERSITY HAS NOT PURCHASED ANY ITEMS OF COLLECTION (FINE ARTS). CONTRIBUTIONS OF COLLECTION ITEMS ARE RECORDED AT ESTIMATED FAIR VALUE ON THE DATE OF THE GIFT AND ARE INCLUDED IN PROPERTY PLANT AND EQUIPMENT AND NOT DEPRECIATED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE ASSET CLASSES. SCHEDULE D, PART III, LINE 4 THE MISSION OF THE NONA JEAN HULSEY ART GALLERY IS TO PROMOTE THE UNDERSTANDING OF AND EXTEND THE AUDIENCE FOR CONTEMPORARY ART, AND TO PRESENT EXHIBITIONS THAT INFORM, INSPIRE AND CHALLENGE THE PUBLIC, PARTICULARLY STUDENTS OF OKLAHOMA CITY UNIVERSITY. THE HULSEY GALLERY AND THE OKLAHOMA CITY UNIVERSITY ART COLLECTION ARE AN INTEGRAL PART OF THE SCHOOL OF VISUAL ARTS, AND IT IS USED DAILY BY VISITORS, STUDENTS, AND FACULTY. SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS INCLUDES EXPENDING FUNDS TOWARD SCHOLARSHIPS, FACULTY CHAIRS, FACILITIES MAINTENANCE, AND PROGRAM ENHANCEMENT. SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. PROVISION HAS BEEN MADE, WHERE MATERIAL, FOR ANY TAXES DUE ON UNRELATED BUSINESS INCOME. THE UNIVERSITY RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2022 AND 2021. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY THE U.S. FEDERAL, OR STATE TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2019. THE UNIVERSITY WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. SCHEDULE D, PART XI, LINE 4B FUNDRAISING EXPENSE $ (217,796) STUDENT AID/SCHOLARSHIP ASSISTANCE $32,541,707 AUXILIARY DISCOUNT $ 1,254,040 FOOD SERVICE COSTS $ 3,202,601 ------------ TOTAL $36,780,552 SCHEDULE D, PART XII, LINE 4B FUNDRAISING EXPENSE $ (217,796) STUDENT AID/SCHOLARSHIP ASSISTANCE $32,541,707 AUXILIARY DISCOUNT $ 1,254,040 FOOD SERVICE COSTS $ 3,202,601 ------------ TOTAL $36,780,552 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE POLICY IS INCLUDED ON THE UNIVERSITY WEBSITE AND IS PUBLISHED IN BROCHURES AND CATALOGUES. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY'S MAJOR PROGRAMS ARE: FEDERAL PELL GRANT PROGRAM, FEDERAL FAMILY EDUCATION LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY, AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS. IN ADDITION, DURING THE COVID-19 PANDEMIC THE UNIVERSITY RECEIVED HIGHER EDUCATION EMERGENCY RELIEF FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION. SPORTS SPECTACU 147390 117659 29731 2740 20120 34774 HALL OF HONOR 87550 72415 15135 13679 10656 21601 4 191694 152833 38861 10696 33962 49072 18408 426634 342907 83727 27115 64738 49072 74783 215708 -131981 true STUDENT AID/SCHOLARSHIPS 2040 33844130 SCHEDULE I, PART I, LINE 2 THE UNIVERSITY PROVIDES AND PROCESSES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE UNIVERSITY. FUNDS ISSUED TO STUDENTS MAY NOT EXCEED THE COST OF ATTENDANCE AND ARE POSTED TO THE SAME STUDENT ACCOUNT WHERE TUITION, FEES, AND ROOM AND BOARD ARE POSTED. X X true true X X X X false false false false false false false false false CASEY ROSS UNIVERSITY GENERAL COUNSEL 188676 0 0 0 0 0 9591 0 10948 0 209215 0 0 0 KEVIN WINDHOLZ VICE PRESIDENT, ENROLLMENT/COM 142328 0 0 0 0 0 7500 0 15873 0 165701 0 0 0 LYNANN STERK-BROOKS VICE PRESIDENT, ADVANCEMENT 158194 0 0 0 0 0 4775 0 8718 0 171687 0 0 0 GERRY HUNT CHIEF INFORMATION OFFICER 149553 0 0 0 0 0 7438 0 517 0 157508 0 0 0 JOEY CROSLIN VICE PRESIDENT, HUMAN RESOURCE 130787 0 7500 0 3912 0 6750 0 5630 0 154579 0 0 0 MARTHA BURGER PRESIDENT 159996 0 0 0 0 0 0 0 581 0 160577 0 0 0 KEVAN BUCK VICE PRESIDENT, FINANCE /CFO 183470 0 0 0 0 0 8250 0 2107 0 193827 0 0 0 KENNETH EVANS PRESIDENT 157065 0 0 0 0 0 6502 0 4402 0 167969 0 0 0 HELEN GAUDIN INTERIM PROVOST & VP ACADEMIC 145457 0 0 0 0 0 6938 0 8194 0 160589 0 0 0 JAMES ROTH DEAN 291243 0 0 0 0 0 0 0 18712 0 309955 0 0 0 LEE PEOPLES DIRECTOR 169890 0 7944 0 0 0 8240 0 554 0 186628 0 0 0 PAULA DALLEY ASSOCIATE DEAN 164674 0 12586 0 0 0 8498 0 11387 0 197145 0 0 0 MARK PARKER DEAN 171718 0 0 0 0 0 8601 0 8739 0 189058 0 0 0 STEVEN AGEE PROFESSOR OF ECONOMICS 171989 0 0 0 0 0 7935 0 11753 0 191677 0 0 0 SCHEDULE J, PART I, LINE 1A KENNETH EVANS, PRESIDENT OF THE UNIVERSITY, WAS PROVIDED HOUSING THAT MET THE EXCLUSION UNDER SECTION 119 AND, THEREFORE, WAS NOT INCLUDED IN HIS W-2 AS TAXABLE WAGES. JOEY CROSLIN RECEIVED A TAX GROSS-UP PAYMENT, WHICH WAS INCLUDED IN HER W-2 AS TAXABLE WAGES. A OK DEVELOPMENT FINANCE AUTH 731083741 6789083T9 2019-12-02 90760000 REDEMPTION FUND, COST false false false A 3030000 0 99346610 5622532 0 0 936295 0 0 30040300 62767815 0 2019 true false true true A false false false false 0 false false false true A false true false false false false 0 false 0 false true A true X 1 60000 FMV X 0 FMV X 31432 FMV X 6 142841 AVG MKT VAL X 4 700 FMV X PIANO 1 50000 FMV X MUSICAL INSTRUMENTS 1 3705 FMV X SPORTS TICKETS 7 8300 COST 1 false true false SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 1 OKLAHOMA CITY UNIVERSITY PREPARES ALL LEARNERS TO CREATE, LEAD AND SERVE. WE PROVIDE A DIVERSE, INCLUSIVE CULTURE COMMITTED TO PRODUCING GRADUATES WHO THINK CRITICALLY AND INNOVATIVELY, COMMUNICATE EFFECTIVELY, AND USE THEIR KNOWLEDGE AND TALENTS TO MAKE A LOCAL AND GLOBAL IMPACT. OKLAHOMA CITY UNIVERSITY IS COMMITTED TO AN EDUCATION THAT: - PROVIDES STUDENTS WITH THE SKILLS AND CONFIDENCE TO ADAPT TO AND EXCEL IN A COMPLEX AND DYNAMIC WORLD - INVESTS CONTINUALLY IN ITS STUDENTS, STAFF, FACULTY, ALUMNI, AND PROGRAMMING TO ENRICH ACADEMIC AND CO-CURRICULAR OFFERINGS - FOSTERS PARTNERSHIPS WITHIN AND BEYOND THE UNIVERSITY TO ENRICH LIFELONG LEARNING - DEVELOPS INFORMED GLOBAL CITIZENS READY TO ENGAGE WITH THEIR COMMUNITIES AND CONTRIBUTE TO THE WORLD - DEVELOPS GRADUATES WHO ARE ETHICAL, HIGHLY EMPLOYABLE PROFESSIONALS - HONORS OUR UNITED METHODIST HISTORY AND TRADITION OF SCHOLARSHIP AND SERVICE FORM 990, PART VI, SECTION A, LINE 2 JANE JAYROE GAMBLE, SECRETARY, AND GERALD L. GAMBLE, TRUSTEE, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S PRESIDENT, CHIEF FINANCIAL OFFICER AND FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. ANY QUESTIONS AND CONCERNS THE ORGANIZATION'S PRESIDENT, CHIEF FINANCIAL OFFICER AND FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C University Trustees, Administrators, Faculty, Staff, and Volunteers (Covered Individuals) are required to comply with the Universities conflict of interest policy. Each Trustee and Senior Administrator must acknowledge by his/her signature that he or she is currently in accordance with the letter and spirit of the policy and owes a continuing obligation of compliance with this policy. In connection with any actual or possible conflicts of interest, a Covered Individual must disclose the existence of such interest and must be given the opportunity to disclose all material facts to the Board of Trustees (Board) and members of committees with Board-delegated powers considering the proposed transaction or arrangement. After disclosure of the interest and all material facts, and after any discussion with the Board, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. Procedures for Addressing the Conflict of Interest: a) A Covered Individual may make a presentation at the Board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. b) The Chair of the Board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. c) After exercising due diligence, the Board or committee shall determine whether Oklahoma City University can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d) If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested Trustees whether the transaction or arrangement is in Oklahoma City University's best interest and for its own benefit and whether the transaction is fair and reasonable to Oklahoma City University and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: EXECUTIVE COMMITTEE AND/OR BOARD OF TRUSTEES REVIEW NATIONAL SALARY AND BENEFIT DATA RELATED TO PRESIDENTS OF REGIONAL UNIVERSITIES AND PRIVATE MASTER'S LEVEL UNIVERSITIES. EMPLOYMENT CONTRACT REFLECTS THE OUTCOME OF THEIR DELIBERATION AND DECISIONS. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION PROCESS FOR OFFICERS: PRESIDENT MAKES DECISIONS IN CONSULTATION WITH PROVOST AND VP HUMAN RESOURCES, WHO HAVE ACCESS TO MARKET COMPARABILITY DATA. DECISIONS ARE DOCUMENTED VIA CONTRACTS WITH OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST. CHARITABLE REMAINDER TRUSTS (2) CHARITABLE TR OK OKCU true false false false false false false false false false false false false false false false false false false true CHARITABLE REMAINDER TRUST S 76824 CASH