2023-05-08T10:52:46-04:00 2022-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2021-07-01 420707120 WILLIAM PENN UNIVERSITY WILL 6416731001 201 TRUEBLOOD AVE OSKALOOSA IA 52577 BONNIE L JOHNSON CFO 6416731001 2023-05-05 true BONNIE JOHNSON XXX-XX-XXXX DAN MONTGOMERY CPA P02183410 5156203050 2023-05-08 2021 2023-04-26 12:10:37Z BONNIE L JOHNSON NORTH MARKET AND TRUEBLOOD AVE OSKALOOSA IA 52577 45715653 false X WWW.WMPENN.EDU X 1873 IA WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. 22 21 734 50 16333 9494790 7373971 35327841 37642827 514407 202826 134176 362510 45471214 45582134 17843337 19122098 0 10712241 11341329 0 515912 12797344 13395298 41352922 43858725 4118292 1723409 77652968 78771952 46958688 46945086 30694280 31826866 WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. false false 27164678 19122098 32606647 INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,515 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS. 4612879 4726717 QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS. 7817682 309463 STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,515 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. 39595239 true true false true false false false true false true true false false true true true false true true false false false false false false false false false true true false false false false false false false true false false false false true true true true false false true 78 0 true 734 true true true false false false false true true false false false false false false X 22 21 true false false false false false false true true false false false true true true true true true true false X BONNIE JOHNSON 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 DAVID AHMAD TRUSTEE 2.00 X 0 0 0 JOE P CROOKHAM VICE CHAIRMA 2.00 X X 0 0 0 MICHAEL GATES TRUSTEE 2.00 X 0 0 0 KAYE DELANGE LEFT OCT 2021 TRUSTEE 2.00 X 0 0 0 RON BRYAN TRUSTEE 2.00 X 0 0 0 KEVIN DERONDE TRUSTEE 2.00 X 0 0 0 JERRY N ELLIS CHAIRMAN 2.00 X X 0 0 0 TOM FRANKS TRUSTEE 2.00 X 0 0 0 SYLIVA GRAVES TRUSTEE 2.00 X 0 0 0 CHRIS HYLAND TRUSTEE 2.00 X 0 0 0 IRVING JONES TRUSTEE 2.00 X 0 0 0 REGINALD MARTIN TRUSTEE 2.00 X 0 0 0 GORDAN MOORE TRUSTEE 2.00 X 0 0 0 ERIC NICHOLS TRUSTEE 2.00 X 0 0 0 RUTH NEUBERT TRUSTEE 2.00 X 0 0 0 JOHN OTTOSSON PRESIDENT 40.00 X X 218040 0 22290 ROBERT SCHULTZE TRUSTEE 2.00 X 0 0 0 KEVIN ROHR JOINED OCT 2021 TRUSTEE 2.00 X 0 0 0 JEFF MCNULTY JOINED SEPT 2021 TRUSTEE 2.00 X 0 0 0 MANNY GARCIA JOINED SEPT 2021 TRUSTEE 2.00 X 0 0 0 JAMES FEUDNER JOINED OCT 2021 TRUSTEE 2.00 X 0 0 0 ROBERT TALBOT TRUSTEE 2.00 X 0 0 0 NOEL STAHLE VP OF ACADEM 40.00 X 101676 0 17144 BONNIE L JOHNSON CFO 40.00 X 127702 0 24579 MARSHA RIORDAN VP OF ADVANC 40.00 X 101405 0 16654 548823 80667 4 false true false NEUMANN CONSTRUCTION INC PO BOX 1315 DES MOINES IA 50305 CONSTRUCTION 3836414 SODEXO SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2322915 SODEXO FACILITIES INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FACILITIES 994536 EAB GLOBAL INC PO BOX 613519 CHARLOTTE NC 282603519 MARKETING 567869 RUBEL ROOFING CO 6809 189TH ST ALBIA IA 52531 REPAIRS 336370 7 1313635 6060336 12213 7373971 STUDENT TUITION AND FEES 611600 32606647 32606647 BOARD 721310 2474236 2474236 ROOM 611710 2252481 2252481 OTHER PROGRAM INCOME 722210 231718 231718 TICKET SALES 451211 42783 42783 34962 34962 37642827 202826 202826 26440 26440 63593 133519 -69926 -69926 16333 -86259 STATESMEN LANES 713990 405996 405996 405996 45582134 32606647 16333 5585183 19122098 19122098 420166 420166 8596634 7361310 997071 238253 324104 285329 38775 1355288 1152974 202314 645137 537127 108010 47350 47350 47202 47202 545420 227168 96175 222077 8894 8894 98220 27774 41584 28862 3061382 3036552 24830 662661 620538 29726 12397 1414929 1400420 14509 1872268 1853053 19215 473581 464557 9024 FOOD SERVICE CONTRACT 2002304 2002304 SUPPLIES 1130804 1030099 86382 14323 MISCELLANEOUS 973535 342426 631109 CONTRACT SERVICES 779301 98827 680474 277447 32683 244764 43858725 39595239 3747574 515912 1015962 962790 146540 424806 914058 594095 3299942 2859474 479204 450104 91551667 35827350 51179147 55724317 3101400 2909891 1700000 1768601 15816715 13077874 77652968 78771952 3209443 4226586 700900 530707 41703715 41765993 24200 24200 1320430 397600 46958688 46945086 X 13545971 15078631 17148309 16748235 30694280 31826866 77652968 78771952 X 1723409 -893411 302588 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 1494 false false false 1494 false 3043375 X X X false 7435146 386224 -329600 88028 7403742 6693989 125925 623233 8001 7435146 6550979 171810 1000 29800 6693989 6546099 44486 69286 108892 6550979 6282007 277068 147888 160864 6546099 1.00000 false false 1402751 1402751 71037504 19604906 51432598 19111412 16222444 2888968 55724317 BENEFICIAL INTEREST IN PERTETUAL TRU 6676545 COLLECTIBLES 3043375 REMAINDER INTEREST TRUSTS 1321502 CONSTRUCTION IN PROGRESS 1177376 LIBRARY BOOKS 654025 LOAN INTEREST RECEIVABLE 134456 DEBT SERVICE FUND 70595 13077874 US GOVERNMENT GRANTS REFUNDABLE 397600 397600 X SCHEDULE D, PAGE 2, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF MIDDLE EAST ARTIFACTS AND A REPLICA OF THE JING YUNG BELL FOR PURPOSES OF PUBLIC EXHIBIT AND RESEARCH. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS CONSIST OF APPROXIAMTELY 108 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, GRANTS AND UNRESTRICTED PURPOSES FOR THE UNIVERSITY. ONLY REVENUE EARNED BY THE PORTFOLIO OF INVESTMENTS CAN BE USED FOR THE INTENDED PURPOSE. SCHEDULE D, PAGE 3, PART X THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING IT QUALIFIES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINATION POLICY NOTED IN ALL PUBLIC ADVERTISING, UNIVERSITY CATALOGS AND FINANCIAL AID LITERATURE. SCHEDULE E, LINE 6 WE RECEIVE PELL AND SEOG GRANTS FROM THE FEDERAL GOVERNMENT. THE PELL GRANT IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED WHICH IS DEFINED BY THE FEDERAL GOVERNMENT THROUGH THE FASFA APPLICATION. SEOG IS AWARDED BY THE INSTITUTION BASED ON NEED WHICH IS DERIVED FROM THE FASFA APPLICATION. WE ALSO RECEIVE DIRECT SUBSIDIZED AND UNSUBSIDIZED AND PLUS LOANS WHICH ARE DIRECT LOANS BETWEEN STUDENTS AND THE GOVERNMENT. THESE ARE AWARDED TO STUDENTS AND ARE DISBURSED AFTER AN APPLICATION PROCESS BETWEEN THE STUDENT AND THE GOVERNMENT. WE ALSO RECEIVE AN IOWA TUITION GRANT FROM THE STATE OF IOWA WHICH IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED. WE ALSO RECEIVED VOCATIONAL REHAB GRANTS AND VA BENEFITS WHICH ARE AWARDED TO SPECIFIC STUDENTS BASED ON CRITERIA FROM THOSE ORGANIZATIONS. true INSTITUTION SCHOLARSHIPS 1335 18641507 CASH FEDERAL SEOG 658 449710 CASH VOCATIONAL REHAB GRANTS 6 30881 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY HAS A FINANCIAL AID DEPARTMENT WHOSE STAFF IS TRAINED AND CONTINUOUSLY EDUCATED REGARDING FEDERAL FINANCIAL AID RULES AND REGULATIONS. THE STAFF OF THE UNIVERSITY DETERMINES THE FINANCIAL NEED OF THE STUDENT AND DETERMINES THE AMOUNT OF FINANCIAL ASSISTANCE THAT CAN BE AWARDED TO THE STUDENT BASED ON FEDERAL RULES AND REGULATIONS. THE FINANCIAL AID STAFF ALSO AWARDS GRANTS AND SCHOLARSHIPS BASED ON ENDOWED GIFTS THAT COMPLY WITH THE TERMS OF THE ENDOWED GIFTS. X X true true X X X X false false false false false false false false false JOHN OTTOSSON PRESIDENT 218040 11188 11102 240330 BONNIE L JOHNSON CFO 127702 6785 17794 152281 MAHASKA COMM GROUP MCG SEE PART V 134376 PHONE/INTERNET false SCHEDULE L, PART V SCHEDULE L, PART IV, LINE (1), COLUMN (B): MAHASKA COMMUNICATION GROUP (MCG) IS A WHOLLY OWNED SUBSIDIARY OF MUSCO CORPORATION. JOE CROOKHAM, BOARD OFFICER, AND HIS IMMEDIATE FAMILY ARE THE MAJORITY SHAREHOLDERS OF MUSCO CORPORATION. JOE CROOKHAM IS ALSO PRESIDENT AND CEO OF BOTH ENTITIES. CHRIS HYLAND, BOARD MEMBER, IS ALSO THE CFO OF MUSCO CORPORATION. FORM 990, PAGE 6, PART VI, LINE 2 JOE CROOKHAM CHRIS HYLAND VICE CHAIR TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C EVERY BOARD MEMBER, ADMINISTRATOR, OR PERSON WHO HAS CONTROL OVER A BUDGET, COMPLETES A CONFLICT OF INTEREST FORM. THEY ARE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST TO THE BUSINESS OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 SCHOLARSHIPS AND GRANTS -19,122,098 SCHOLARSHIPS AND GRANTS 19,122,098 WPU REAL ESTATE FOUNDATION LLC 201 TRUEBLOOD AVENUE OSKALOOSA IA 52577 474400135 REAL ESTAT IA WPU STATESMEN LANES & COMMUNITY EVENT C 1700 A AVENUE EAST OSKALOOSA IA 52577 BOWLING IA 405996 410000 WPU BLANCHE JOHNSON TRUST 124 SOUTH FIRST STREET OSKALOOSA IA 52577 426613277 RENTAL REA IA 501C3 12D NA false false false true false false false false false false false false false false false false false false false false BLANCHE JOHNSON TRUST C 222119 FAIR VALUE