2023-05-15T13:35:25-05:00 2022-06-30 FORVIS LLP 312 WALNUT STREET SUITE 3000 CINCINNATI OH 45202 990 2021-07-01 310537514 WILMINGTON COLLEGE % BEATRIZ IBANEZ WILM 9374812307 1870 QUAKER WAY WILMINGTON OH 45177 BEATRIZ IBANEZ VP BUSINESS/FINANCE 9373826661 2023-05-15 true BEATRIZ IBANEZ 999009999 Aaron Hershberger P00961884 5136218300 2 2021 2023-04-26 12:10:37Z TREVOR BATES 1870 QUAKER WAY WILMINGTON OH 45177 96380376 false X WWW.WILMINGTON.EDU X 1870 OH THE PURPOSE OF WILMINGTON COLLEGE IS TO EDUCATE, INSPIRE, AND PREPARE EACH STUDENT FOR A LIFE OF SUCCESS AND SERVICE. 25 25 750 0 0 24313131 5259027 36013942 32571548 11668973 2313760 531663 -3746987 72527709 36397348 15134026 13236692 0 0 13477235 13617281 0 0 2091910 14121199 14011686 42732460 40865659 29795249 -4468311 137983559 125090188 28662635 24627102 109320924 100463086 X THE MISSION OF WILMINGTON COLLEGE IS TO EDUCATE, INSPIRE AND PREPARE EACH STUDENT FOR A LIFE OF SERVICE AND SUCCESS. TO FULFILL THAT MISSION, WILMINGTON COLLEGE PROVIDES A HIGH QUALITY UNDERGRADUATE AND GRADUATE EDUCATIONAL ENVIRONMENT SHAPED BY THE TRADITIONS OF THE LIBERAL ARTS, CAREER PREPARATION AND THE DISTINCTIVE PRACTICES OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS). BY OFFERING ACADEMIC PROGRAMS, PRACTICAL EXPERIENCE AND CO-CURRICULAR ACTIVITIES IN A VARIETY OF SETTINGS TO STUDENTS FROM DIVERSE BACKGROUNDS, THE COLLEGE LEADS STUDENTS TO GAIN AN AWARENESS OF THE WORLD, TO ACQUIRE KNOWLEDGE OF CAREER AND VOCATION AND TO SEEK TRUTH AND SOCIAL JUSTICE. IN KEEPING WITH THE RICH HERITAGE OF THE LIBERAL ARTS, THE COLLEGE SEEKS TO EDUCATE THE WHOLE PERSON - INTELLECTUAL, EMOTIONAL, PHYSICAL AND SPIRITUAL - IN WAYS THAT FOSTER CRITICAL THINKING, REFLECTION, THE FREE EXCHANGE OF IDEAS, OPEN INQUIRY, RESPECT FOR ALL PERSONS AND A DESIRE FOR LIFELONG LEARNING. THE LIBERAL ARTS ARE INTEGRA false false 34620261 13236692 33209566 EDUCATIONAL INSTRUCTION AND RELATED ACTIVITIES WERE PROVIDED FOR LIBERAL ARTS STUDENTS. AUXILIARY ENTERPRISES INCLUDES RESIDENCE HALLS, DINING ROOM, BOOK STORE AND OTHER ACTIVITIES RELATING TO THE EDUCATIONAL PURPOSES OF THE INSTITUTION. 34620261 true true false false false false false true false true true true false true true false false true true false true false false false true false false false true true false false false false false true false false true false false false true true false false false true 1366 0 true 750 true false false false false false true true false false false false false false X 25 25 true false false false false false false true true false true true true true true true true true true true false X BEATRIZ IBANEZ 9374812231 1870 QUAKER WAY WILMINGTON OH 45177 TREVOR BATES PRESIDENT 50.0 0.0 X 276881 0 19382 ERIKA GOODWIN PROVOST 50.0 0.0 X 185479 0 20833 BRADLEY MITCHELL VP BUSINESS/FINANCE 50.0 1.0 X 163329 0 19510 DENNIS KELLY VP OF ENROLLMENT MANAGEMENT 50.0 0.0 X 164208 0 11495 SIGRID SOLOMON VP STUDENT AFFAIRS/DEAN 50.0 0.0 X 119273 0 16463 CINDY HAHN DIR OF OCCUPATIONAL THERAPY 50.0 0.0 X 104548 0 26663 TERRY RUPERT DIRECTOR OF ATHLETICS 50.0 1.0 X 121920 0 8534 EDMUND BESONG TRUSTEE 1.0 0.0 X 0 0 0 BRENT BILL TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 DAN BUCKLEY TRUSTEE/VICE CHAIR 1.0 0.0 X X 0 0 0 TIMOTHY A BUREN TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 CHRISTEN CLOUGHERTY TRUSTEE 1.0 0.0 X 0 0 0 AARON DENU TRUSTEE 1.0 0.0 X 0 0 0 HENRY B FREEMAN TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH J GARVEY TRUSTEE 1.0 0.0 X 0 0 0 JEREMIAH GUAPPONE TRUSTEE 1.0 0.0 X 0 0 0 DELORES HARGROVE-SMITH TRUSTEE 1.0 0.0 X 0 0 0 MARCY HAWLEY TRUSTEE 1.0 0.0 X 0 0 0 ELLEN HIATT TRUSTEE - TERM ENDED 1.0 0.0 X 0 0 0 RENEE LAPINE TRUSTEE - TERM ENDED 1.0 0.0 X 0 0 0 PAMELA MCCOY TRUSTEE - TERM ENDED 1.0 0.0 X 0 0 0 JONATHAN C MCKAY TRUSTEE 1.0 0.0 X 0 0 0 SIDNEY MISHKIN TRUSTEE - TERM ENDED 1.0 0.0 X 0 0 0 EVANS NWANKWO TRUSTEE 1.0 0.0 X 0 0 0 DAVID RAIZK TRUSTEE 1.0 0.0 X 0 0 0 JOHN R REID TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM P SHAW TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM D SHOECRAFT TRUSTEE 1.0 0.0 X 0 0 0 LARRY SIDWELL TRUSTEE 1.0 0.0 X 0 0 0 RICHARD SIDWELL TRUSTEE/CHAIR 1.0 0.0 X X 0 0 0 DANIEL SMITH-CHRISTOPHER TRUSTEE 1.0 0.0 X 0 0 0 LUCY STEINITZ TRUSTEE 1.0 0.0 X 0 0 0 TAYLOR STUCKERT TRUSTEE/ASST SECRETARY 1.0 0.0 X X 0 0 0 PEGGY J STURDIVANT TRUSTEE - TERM ENDED 1.0 0.0 X 0 0 0 NANCY SUMMERS TRUSTEE 1.0 0.0 X 0 0 0 TYRONE TAYLOR TRUSTEE 1.0 0.0 X 0 0 0 EVAN WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 BEATRIZ IBANEZ VP BUSINESS/FINANCE 50.0 0.0 X 0 0 0 1135638 0 122880 7 false true false SODEXO INC AND AFFILIATES PO BOX 360170 PITTSBURH PA 152516170 CAFETERIA 601837 ALPHA AND OMEGA 2843 CULVER AVE KETTERING OH 45249 CLEANING 637298 MEGEN CONSTRUCTION COMPANY 11130 ASHBURN ROAD CINCINNATI OH 45240 CONSTRUCTION 1068789 AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 444832997 CAFETERIA 995010 JENZABAR INC 101 HUNTINGTON AVE SUITE 2205 BOSTON MA 02199 INFORMATION SYSTEMS 454323 15 25255 2942020 2291752 177226 5259027 TUITION AND FEES 611600 26376331 26376331 OTHER AUXILIARY INCOME 611710 5996530 5996530 OTHER INCOME 611710 198687 198687 32571548 1298313 1298313 0 0 638028 638028 0 638028 638028 60969728 59954281 1015447 1015447 1015447 11142 25255 28747 -17605 -17605 0 0 0 0 0 0 PPP LOAN FORGIVENESS 900099 2278590 2278590 FORGIVENESS OF NOTE 900099 -6646000 -6646000 -4367410 36397348 33209576 -2071255 0 13236692 13236692 0 0 685414 540108 91635 53671 0 10488497 8264958 1402244 821295 435640 343285 58242 34113 1192568 939746 159439 93383 815162 642349 108982 63831 0 144780 114087 19356 11337 86000 67768 11498 6734 0 0 173731 136900 23227 13604 2498808 1969066 334074 195668 465100 366500 62181 36419 497469 392007 66508 38954 801809 631827 107197 62785 0 2061471 1624444 275605 161422 434528 342409 58094 34025 0 68488 53969 9156 5363 581851 581851 0 2180615 1718328 291534 170753 552900 435686 73919 43294 EQUIPMENT EXPENSE 563992 444427 75402 44163 EVENTS EXPENSE 260991 205661 34893 20437 FOOD EXPENSE 1447816 1140882 193564 113370 BAD DEBT EXPENSE 332009 332009 859328 677152 114887 67289 40865659 34620261 4153488 2091910 305 530 5824816 4756844 828364 544738 872330 727514 0 0 0 0 10262674 3114867 50910 50910 338697 384087 95188626 49469022 37849396 45719604 67259228 56048351 7353867 7307793 0 0 0 0 7342972 6434950 137983559 125090188 1297460 654347 0 0 1805504 1812063 0 0 0 0 0 0 21100845 18316438 0 0 4458826 3844254 28662635 24627102 X 47267438 49511893 62053486 50951193 109320924 100463086 137983559 125090188 X -4468311 -12593371 8203844 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 31434730 1074310 -4669732 710647 413950 26714711 24245837 825299 7621868 795823 462451 31434730 25084386 998211 -619134 764774 452852 24245837 25200895 300303 782070 751392 447490 25084386 24863479 358115 1628174 1013450 635423 25200895 0.80000 0.20000 false false 2112880 2112880 67834950 28346452 39488498 20997604 19022025 1975579 4243192 2100545 2142647 45719604 REAL ESTATE 7242956 F ALTERNATIVE INVESTMENTS 64837 F 7307793 DEPOSITS WITH TRUSTEE 1107205 RECEIVABLE FROM CRT 985550 BENEFICIAL INT IN PERP TRUSTS 4342195 6434950 0 ADVANCES FROM FEDERAL GOV'T 3073197 Annuities Payable 771057 3844254 X SCHEDULE D, PART III, LINE 4 DESCRIPTION OF COLLECTIONS THE COLLEGE'S COLLECTIONS ARE MADE UP OF RARE BOOKS, ART OBJECTS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. MOST OF THE ITEMS ARE CATALOGUED. ALL ITEMS ARE PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTION ITEMS ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION AND CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. ASSETS USED TO PURCHASE COLLECTION ITEMS ARE REFLECTED AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THEY ARE RESTRICTED FOR SUCH PURPOSES BY THE DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE REQUIRES THAT PROCEEDS FROM THE SALE OF COLLECTION ITEMS BE USED TO ACQUIRE OTHER COLLECTION ITEMS. SCHEDULE D, PART V, LINE 4 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS FOR THE ORGANIZATION'S STUDENTS TO ATTEND AN INSTITUTION FOR HIGHER EDUCATION AND TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE ORGANIZATION. SCHEDULE D, PART X FIN 48 DISCLOSURE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY WILMINGTON COLLEGE'S ANTI-DISCRIMINATION STATEMENT REACHES ITS CONSTITUENCIES VIA STUDENT RECRUITMENT MATERIALS FOR PROSPECTIVE STUDENTS, THE STUDENT HANDBOOK FOR CURRENT STUDENTS AND ITS ALUMNI MAGAZINE FOR ALUMNI AND FRIENDS OF THE COLLEGE. ALSO, AN ANTI-DISCRIMINATION STATEMENT IS INCLUDED IN ALL JOB POSTINGS AND ITS DIVERSITY AS AN EDUCATIONAL VALUE IS FEATURED ON THE WEB SITE. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY THE COLLEGE RECEIVES FINANCIAL AID FROM THE GOVERNMENT THAT IS THEN DISTRIBUTED TO THE STUDENTS ATTENDING WILMINGTON COLLEGE. false EUROPE (INCLUDING ICELAND AND GREENLAND) PASSIVE INVESTMENTS 5342580 CENTRAL AMERICA AND THE CARIBBEAN PASSIVE INVESTMENTS 274877 EAST ASIA AND THE PACIFIC PASSIVE INVESTMENTS 4338045 NORTH AMERICA PASSIVE INVESTMENTS 43672359 MIDDLE EAST AND NORTH AFRICA PASSIVE INVESTMENTS 203569 SUB-SAHARAN AFRICA PASSIVE INVESTMENTS 124843 SOUTH ASIA PASSIVE INVESTMENTS 470846 ASIA PASSIVE INVESTMENTS 890261 55317380 55317380 false false true true true false GOLF OUTING 27338 18600 8738 0 0 9148 0 0 18430 VIRTUAL 5K 9059 6655 2404 0 50 0 0 0 1119 0 36397 25255 11142 0 50 9148 0 0 19549 28747 -17605 true GRANTS-IN-AID & SCHOLARSHIPS 1078 13236692 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. FUNDS ARE DISTRIBUTED BASED ON NEED AND MERIT. STUDENT AID IS HANDLED BY THE FINANCIAL AID DEPARTMENT AND CREDITED DIRECTLY TO THE STUDENT ACCOUNT. EACH STUDENT APPLIES FOR FINANCIAL AID BY FILLING OUT A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THE AWARD IS BASED ON THE INFORMATION IN THIS APPLICATION. STUDENTS CAN ALSO APPLY FOR GRANTS AND SCHOLARSHIPS BASED ON ELIGIBILITY. X true false X X X X X false false false false false false false false false BRADLEY MITCHELL VP BUSINESS/FINANCE 162174 0 0 0 1155 0 11693 0 7817 0 182839 0 TREVOR BATES PRESIDENT 276656 0 0 0 225 0 19382 0 0 0 296263 0 ERIKA GOODWIN PROVOST 185029 0 0 0 450 0 13432 0 7401 0 206312 0 DENNIS KELLY VP OF ENROLLMENT MANAGEMENT 163501 0 0 0 707 0 11495 0 0 0 175703 0 SCHEDULE J, PART I, LINE 1A THE COLLEGE PROVIDES A RESIDENCE AND HOUSEHOLD SERVICES FOR THE PRESIDENT, TREVOR BATES. THE RESIDENCE IS NOT INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. THE PRESIDENT WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF EMPLOYMENT, AND THE RESIDENCE IS CONTIGUOUS TO THE COLLEGE'S CAMPUS. EVANS NWANKWO TRUSTEE 1068789 CONSTRUCTION false PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS EVANS NWANKWO, a trustee of wilmington college, owns MEGEN CONSTRUCTION COMPANY and was paid $1,068,789 for construction services during FY22. X 5642 PRICE OF ITEMS X 2 18545 MARKET VALUE X 1 148000 APPRAISED VALUE X 7 798 PRICE OF ITEMS X EVENT TICKETS 1 990 MARKET VALUE X TRAVEL 1 424 COST X SPORTS PUB. EXP 1 617 COST X EQUINE EQUIP. 1 2210 COST false true false SCHEDULE M, PART I, COLUMN B NUMBER THE AMOUNT REPORTED REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY OR BUSINESS RELATIONSHIPS LARRY SIDWELL AND RICHARD SIDWELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990 THE BOARD OF TRUSTEES RECEIVES A COPY OF THE DRAFT 990 THROUGH OUR SECURE ELECTRONIC PORTAL FOR THEIR REVIEW. BOARD MEMBERS HAVE AN OPPORTUNITY TO COMMENT OR ASK QUESTIONS PRIOR TO FILING. THE FULL BOARD DIRECTED THE COLLEGE ADMINISTRATION TO MAKE THE APPROPRIATE AND TIMELY FILINGS OF THE IRS FORM 990. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY ALL BOARD MEMBERS AND OFFICERS RECEIVE A CONFLICT OF INTEREST POLICY AND BUSINESS RELATIONSHIP DISCLOSURE. EACH MEMBER COMPLETES THE FORM AND SENDS IT BACK TO THE PRESIDENT OF THE COLLEGE. THE PRESIDENT REPORTS ALL CONFLICTS TO THE CHAIRMAN OF THE BOARD. IF ANY CONFLICTS ARISE, THE BOARD OF DIRECTORS INVESTIGATES THE CONFLICT OF INTEREST, AND THE PERSON WITH THE CONFLICT ABSTAINS FROM VOTING ON THE RELATED ISSUE. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF CEO OR TOP MANAGEMENT OFFICIAL COMPENSATION ML STRATEGIES (WASHINGTON DC) CONDUCTS A COMPENSATION STUDY TO DETERMINE THE PRESIDENT'S COMPENSATION RANGE, AND THE BOARD USES THE STUDY DURING CONTRACT NEGOTIATIONS. FORM 990, PART VI, SECTION B, LINE 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION THE ORGANIZATION USES CUPA HR SALARY SURVEYS (KNOXVILLE, TN) AND ACADEMIC SEARCH (WASHINGTON DC) TO HELP IN THE SEARCH AND DETERMINING SALARY FOR KEY EMPLOYEES. DECEMBER 2017 WAS THE LAST TIME THE ORGANIZATION USED ONE OF THESE FIRMS. THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT ALSO COMPLETES AN ANNUAL COMPENSATION STUDY. THE PRESIDENT THEN ESTABLISHES THE COMPENSATION BASED ON THE SURVEY RESULTS AND THE ANNUAL COMPENSATION STUDY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OF FUND BALANCES CHANGE IN VALUE OF SPLIT INTEREST TRUST $ (150,085) TRANSFER OF ASSETS FROM WILMINGTON COLLEGE HOLDINGS 8,353,929 TOTAL $ 8,203,844 WILMINGTON INST FOR SPORTS & RECREACTION 1870 QUAKER WAY WILMINGTON OH 45177 FACILITIES OH WC WILMINGTON COLLEGE PROPERTIES LLC 1870 QUAKER WAY WILMINGTON OH 451772473 310537514 REAL ESTATE OH WC WILMINGTON COLLEGE HOLDINGS INC 1870 QUAKER WAY WILMINGTON OH 45177 470991892 FACILITIES OH 501(C)(3) 12B WC true false false false false false false false false false false false false false false false false false false true WILMINGTON COLLEGE HOLDINGS INC S 8353929 BOOK VALUE