2023-06-15T15:25:23-05:00 2022-07-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2021-08-01 370662594 ILLINOIS WESLEYAN UNIVERSITY ILLI 3095563449 PO BOX 2900 BLOOMINGTON IL 61702 DAVID MYRON INTERIM VP BUSINESS & FINANCE 3095563449 2023-06-13 1 DAVID MYRON 999009999 SAMUEL A CIGELNIK P00324762 3096714500 2023-06-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID MYRON PO BOX 2900 BLOOMINGTON IL 61702 82450060 0 X WWW.IWU.EDU X 1850 IL THE UNIVERSITY STRIVES TO ATTAIN THE IDEAL OF A LIBERAL ARTS EDUCATION WHILE PROVIDING UNIQUE OPPORTUNITIES WITH ITS DISTINCTIVE CURRICULA AND PROGRAMS. A LIBERAL ARTS EDUCATION FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY; IT DEEPENS THE SPECIALIZED KNOWLEDGE OF A DISCIPLINE WITH A COMPREHENSIVE WORLD VIEW. 43 42 1683 650 194365 0 14434118 11547322 47187800 48952530 79745818 21072052 1501041 194365 142868777 81766269 0 0 0 0 36947182 31693856 0 0 0 30781548 38801945 67728730 70495801 75140047 11270468 439789641 432672024 111809357 104081947 327980284 328590077 X THE UNIVERSITY STRIVES TO ATTAIN THE IDEAL OF A LIBERAL ARTS EDUCATION WHILE PROVIDING UNIQUE OPPORTUNITIES WITH ITS DISTINCTIVE CURRICULA AND PROGRAMS. A LIBERAL ARTS EDUCATION FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY; IT DEEPENS THE SPECIALIZED KNOWLEDGE OF A DISCIPLINE WITH A COMPREHENSIVE WORLD VIEW. 0 0 67164836 48952530 ILLINOIS WESLEYAN UNIVERSITY PROVIDES A RICH LEARNING ENVIRONMENT FOR APPROXIMATELY 1,550 UNDERGRADUATE STUDENTS WITH EXTENSIVE PERSONAL ATTENTION. THE EXPERIENTIAL LEARNING MODEL FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY. THE INSTITUTION SERVES STUDENTS PURSING BACCALAUREATE DEGREES IN THE LIBERAL ARTS, FINE ARTS AND PROFESSIONAL PROGRAMS AS WELL AS INTERDISCIPLINARY STUDY AND OFF CAMPUS LEARNING. SPECIFIC DISCIPLINES OF EMPHASIS INCLUDE BIOLOGY, NURSING, ACCOUNTING, BUSINESS, THEATER AND MUSIC. THE UNIVERSITY OFFERS A ROBUST STUDENT LIFE AND RESIDENTIAL EXPERIENCE TO CREATE AN INCLUSIVE COMMUNITY FOR STUDENTS. 67164836 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 209 0 1 1683 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 43 42 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X DAVID MYRON 3095563021 1312 PARK STREET BLOOMINGTON IL 61701 THOMAS NEIS TRUSTEE 2.00 X 0 0 0 THOMAS MCKINNEY JR MD TRUSTEE 2.00 X 0 0 0 SUNDEEP MULLANGI TRUSTEE 2.00 X 0 0 0 ROD ADAMS TRUSTEE 2.00 X 0 0 0 STEVEN WANNEMACHER TRUSTEE 2.00 X 0 0 0 STEVEN DUDASH TRUSTEE 2.00 X 0 0 0 STEPHEN ONDRA TRUSTEE 2.00 X 0 0 0 STEPHANIE WHYTE TRUSTEE 2.00 X 0 0 0 RON GREENE TRUSTEE 2.00 X 0 0 0 NANCY HUTSON VICE CHAIR 2.00 X X 0 0 0 ROBERT ZIMMERMANN TREASURER 2.00 X 0 0 0 RICHARD AMES TRUSTEE 2.00 X 0 0 0 PHYLLIS BARKER TRUSTEE 2.00 X 0 0 0 LEAH MERRIFIELD TRUSTEE 2.00 X 0 0 0 MICHAEL CLARK TRUSTEE 2.00 X 0 0 0 MARTINA SCANLAN TRUSTEE 2.00 X 0 0 0 MARK OHLENDORF TRUSTEE 2.00 X 0 0 0 MARK ISRAEL TRUSTEE 2.00 X 0 0 0 MARC TALLUTO TRUSTEE 2.00 X 0 0 0 TIMOTHY SZERLONG CHAIR 2.00 X X 0 0 0 COLLEEN KANNADAY TRUSTEE 2.00 X 0 0 0 LAURA C RANDOLPH MD TRUSTEE 2.00 X 0 0 0 W THOMAS LAWRENCE VICE CHAIR 2.00 X 0 0 0 HUSSAIN HASAN TRUSTEE 2.00 X 0 0 0 JOSHUA D YOUNT TRUSTEE 2.00 X 0 0 0 JOHN HORTON TRUSTEE 2.00 X 0 0 0 JIM JOSLIN TRUSTEE 2.00 X 0 0 0 JILL YORK TRUSTEE 2.00 X 0 0 0 JACK DICKENS TRUSTEE 2.00 X 0 0 0 FRANK J BEARD TRUSTEE 2.00 X 0 0 0 HERBERT GETZ SECRETARY 2.00 X X 0 0 0 GEORGE VINYARD TRUSTEE 2.00 X 0 0 0 KIMBERLY STERLING TRUSTEE 2.00 X 0 0 0 EDWARD RUST JR TRUSTEE 2.00 X 0 0 0 DIRK BEHRENDS TRUSTEE 2.00 X 0 0 0 DANIELLE KAYS TRUSTEE 2.00 X 0 0 0 DANIEL JAMESON TRUSTEE 2.00 X 0 0 0 COREY SCHIELER TRUSTEE 2.00 X 0 0 0 ANN MARQUIS FISHER VICE CHAIR 2.00 X 0 0 0 KATHY LEWTON TRUSTEE 2.00 X 0 0 0 ANDY SHIRK TRUSTEE 2.00 X 0 0 0 S GEORGIA NUGENT PRESIDENT 40.00 X 450000 0 41625 MARK BRODL PROVOST 40.00 X 207913 0 34164 STEVEN SEIBRING ASSC VP ADV 40.00 X 203042 0 33337 MATT BIERMAN VP BUSINESS & FINANCE 40.00 X 197771 0 46093 LEANN HUGHES VP ENRLLMT & MRKTING 40.00 X 179582 0 45216 KARLA CARNEY-HALL VP STUD AFFR 40.00 X 149251 0 30022 VICTORIA FOLSE PROFESSOR 40.00 X 141606 0 38807 CHARLES KING ASSC VP ENROLLMENT MGMT 40.00 X 123264 0 26327 CYNTHIA LOTZ DIRECTOR OF HR 40.00 X 121747 0 26218 ERIC R JENSEN FORMER PRESIDENT 0.00 X 124500 0 1805 1898676 0 323614 29 1 1 0 SODEXO SERVICES 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICE 3695978 CORE CONSTRUCTION SERVICES OF ILLINOIS 866 N MAIN ST MORTON IL 61550 GENERAL CONTRACTOR 1037755 WESTERN SPECIALTY CONTRACTORS 309 NE ROCK ISLAND AVE PEORIA IL 61603 CONTRACTOR 497943 PER MAR SECURITY SERVICES PO BOX 1101 DAVENPORT IA 52805 SECURITY SERVICES 438334 RICOH USA INC PO BOX 802815 CHICAGO IL 60680 PRINT & MAIL 376102 27 1698323 9848999 1745982 11547322 NET TUITION AND FEES 900099 32650457 32650457 AUXILLIARY ENTERPRISES 900099 15044146 15044146 OTHER EDUCATION AND GENERAL 900099 1142154 1142154 STUDENT LOAN INTEREST 900099 115773 115773 48952530 1254858 1254858 221837 95509 126328 126328 126328 20022150 204956 19817194 19817194 19817194 451363 383326 68037 68037 81766269 48952530 194365 21072052 X 1058726 1058726 124500 124500 23758402 22804502 953900 5327031 4766798 560233 1425197 1383461 41736 293670 293670 238308 238308 1147634 1119637 27997 4434477 4350249 84228 1478301 1428410 49891 8275030 8235014 40016 1134414 1119182 15232 2655702 2649353 6349 2461458 2447562 13896 7135395 6807716 327679 1294437 1288783 5654 COST OF GOODS SOLD - AU 3579205 3579205 TUITION REMISSION 3263764 3261985 1779 MISCELLANEOUS 1211011 1191862 19149 LEASES 199139 199139 70495801 67164836 3330965 0 55862 19085 11998779 11713051 4566437 4189829 2453022 1809634 6365283 5733652 945212 787512 260698009 126762739 173866877 133935270 219651064 259611476 19600823 286282 14872515 439789641 432672024 3445021 3759752 6387300 6068808 69169193 67823657 3863144 2680639 28944699 23749091 111809357 104081947 X 162522008 162836945 165458276 165753132 327980284 328590077 439789641 432672024 X 11270468 -14117520 3456845 X X 0 1 X 1 1 1 X 6333687 12426787 13808219 14434118 11547322 58550133 6333687 12426787 13808219 14434118 11547322 58550133 1919111 56631022 4616826 4308475 3808542 6905294 1381187 21020324 79570457 149659750 0.71170 0.67850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 852461 X 0 265282056 2327284 16521924 14886392 269244872 205197138 1706632 69251478 10210856 108076 554260 265282056 203964839 4114970 13774723 16132103 69605 455686 205197138 207198480 4814039 10139265 17592654 120826 473465 203964839 203346555 884902 19330109 15627577 204603 530906 207198480 0.43390 0.51370 0.05240 1 0 9747391 9747391 218647145 104078438 114568707 29666521 22684301 6982220 2636952 2636952 133935270 ACCRUED POSTRETIREMENT BENEFITS 11516000 ANNUITIES PAYABLE 3796881 ASSET RETIREMENT OBLIGATION 4884341 REFUNDABLE US GOVERNMENT GRANTS 2886580 AGENCY FUNDS 572175 OPERATING LEASE OBLIGATIONS 93114 23749091 X 71105594 -14117520 3456845 -10660675 81766269 0 81766269 70495801 0 70495801 0 70495801 PART III, LINE 4: CONTRIBUTED COLLLECTIONS SUCH AS WORKS OF ART AND HISTORICAL TREASURES, WHERE NO APPRAISED VALUE WAS ATTAINABLE AT THE TIME OF RECEIPT, ARE NOT RECOGNIZED AS REVENUE AND HAVE NOT BEEN CAPITALIZED OR DEPRECIATED. A COLLECTION OF TRADITIONAL PUEBLO POTTERY AND A FEW WOODEN AND BASKETRY OBJECTS WAS PRESENTED TO THE UNIVERSITY IN THE MID 1880'S BY JOHN WESLEY POWELL. THE COLLECTION IS PRESERVED BY THE UNIVERSITY AND IS ON DISPLAY IN THE AMES LIBRARY. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE FINANCIAL SUPPORT FOR SCHOLARSHIPS, SCHOLARLY ACHIEVEMENT, PROGRAM SUPPORT AND OTHER FUNCTIONS OF THE UNIVERSITY CONSISTENT WITH DONOR INTENT. FINANCIAL SUPPORT IS PROVIDED FROM INVESTMENT INCOME OF THE ENDOWED CORPUS, WHICH IS INVESTED TO PROVIDE INCOME IN PERPETUITY. PART X, LINE 2: THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE, SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT-INTEREST AGREEMENT 2,432,452. CHANGE IN PRESENT VALUE SWAP AGREEMENT 844,393. RECOGNITION OF CHANGE IN POSTRETIREMENT FUNDED STATUS 180,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S STATEMENT OF NON-DISCRIMANTION CAN BE FOUND AT HTTPS://WWW.IWU.EDU/NON-DISCRIMINATION.HTML SCHEDULE E, PART I, LINE 6 THE UNIVERSITY ADMINISTERS FINANCIAL AID GRANTS FROM THE FEDERAL GOVERNMENT AND STATE OF ILLINOIS INCLUDING FEDERAL COLLEGE WORK STUDY. THE UNIVERSITY RECEIVES INDIRECT COST SHARE AS PART OF RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES LIKE THE NATIONAL SCIENCE FOUNDATION. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICE STUDY ABROAD - LONDON, ENGLAND 2014 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICE STUDY ABROAD - BARCELONA, SPAIN 298368 0 0 0 0 0 0 300382 0 300382 0 0 1 0 1 0 PART III ACCOUNTING METHOD: X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 S GEORGIA NUGENT PRESIDENT 450000 0 0 0 0 0 0 0 41625 0 491625 0 0 0 MATT BIERMAN VP BUSINESS & FINANCE 197771 0 0 0 0 0 0 0 46093 0 243864 0 0 0 MARK BRODL PROVOST 207913 0 0 0 0 0 0 0 34164 0 242077 0 0 0 STEVEN SEIBRING ASSC VP ADV 203042 0 0 0 0 0 0 0 33337 0 236379 0 0 0 LEANN HUGHES VP ENRLLMT & MRKTING 179582 0 0 0 0 0 0 0 45216 0 224798 0 0 0 VICTORIA FOLSE PROFESSOR 141606 0 0 0 0 0 0 0 38807 0 180413 0 0 0 KARLA CARNEY-HALL VP STUD AFFR 149251 0 0 0 0 0 0 0 30022 0 179273 0 0 0 ERIC R JENSEN FORMER PRESIDENT 124500 0 0 0 0 0 0 0 1805 0 126305 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - SPOUSAL TRAVEL IS LIMITED TO OCCASSIONS THAT HAVE A BUSINESS PURPOSE AND THE DOCUMENTATION IS REQUIRED WITH EXPENSE VOUCHER TO SUPPORT THE BUSINESS PURPOSE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS PROVIDED A RESIDENCE ON CAMPUS AND IS REQUIRED TO LIVE IN THIS RESIDENCE PER EMPLOYMENT CONTRACT. THIS RESIDENCE IS USED TO HOST SEVERAL UNIVERSITY SPONSORED FUNCTIONS THROUGHOUT THE YEAR. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - COUNTRY CLUB DUES ARE REIMBURSED FOR THE PRESIDENT AND VICE PRESIDENT OF ADVANCEMENT. MEMBERSHIP IN THE COUNTRY CLUB IS A CONDITION OF EMPLOYMENT AND IS DEEMED CRITICAL FOR FUNDRAISING AND COMMUNITY SUPPORT. A ILLINOIS FINANCE AUTHORITY SERIES 2012 370662594 45203HHPO 2012-05-30 12900000 REFI SERIES 2001 & FUND CONSTRUCTION OF 2 APARTMENT STYLE HOUSING UNITS 0 0 0 B ILLINOIS FINANCE AUTHORITY SERIES 2016 370662594 45204EEG9 2016-07-13 56775000 REFI SERIES 2006, 2006B & 2008 0 0 0 A 12900000 301416 6277478 192722 2013 1 0 1 1 B 5905000 56775000 523341 6770635 292093 2016 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 1 1 PNC BANK 10.000000000000 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ILLINOIS FINANCE AUTHORITY SERIES 2012 DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2021 SCHEDULE K, PART I: SERIES 2012 BOND PROCEEDS REFUNDED $6.275 MILLION OF SERIES 2001 BONDS AND FINANCED CONSTRUCTION OF 2 APARTMENT STYLE STUDENT HOUSING UNITS. SERIES 2016 BOND PROCEEDS REFUNDED $12.285 MILLION OF SERIES 2006 BONDS, $31.005 MILLION OF SERIES 2006B BONDS, AND $18.510 MILLION OF SERIES 2008 BONDS. X 20 1654324 FAIR MARKET VALUE X PIANO AND MUSIC BOOKS 2 82342 FMV X LIBRARY MATERIALS - BOOKS, CDS, DVDS, ETC 1 6050 FMV X FOOD AND BEVERAGES 1 3266 COST 0 1 1 PART I, LINE 32B: MAINTAIN A BROKERAGE ACCOUNT WITH WELLS FARGO ADVISORS TO RECEIVE AND LIQUIDATE GIFTS OF MARKETABLE SECURITIES. FORM 990, PART VI, SECTION A, LINE 1A IN ACCORDANCE WITH THE BY-LAWS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL MEET AT LEAST ONCE BETWEEN REGULAR MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD IN THE INTERIM BETWEEN STATED MEETINGS OF THE BOARD TO THE EXTENT PERMITTED BY LAW AND THE BY-LAWS AND THE BOARD ITSELF, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT CONDUCT ELECTIONS OF THE BOARD MEMBERS, NOR FILL VACANCIES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B IT IS THE POLICY OF THE BOARD OF TRUSTEES OF ILLINOIS WESLEYAN UNIVERSITY THAT THE AUDIT & COMPLIANCE COMMITTEE SHALL REVIEW INTERNAL REVENUE SERVICES FORM 990 PRIOR TO FILING IT WITH THE IRS. ONCE THE AUDIT & COMPLIANCE COMMITTEE HAS REVIEWED IRS FORM 990, A COPY SHALL BE MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING OF FORM 990. BOARD MEMBERS SHALL EXERCISE THEIR BEST EFFORT TO REVIEW FORM 990. BOARD MEMBERS WHO HAVE COMMENTS OR REVISIONS TO FORM 990 SHALL SUBMIT THOSE COMMENTS OR REVISIONS TO THE AUDIT & COMPLIANCE COMMITTEE CHAIR NO LATER THAN ONE WEEK FOLLOWING NOTIFICATION OF THE AVAILABILITY OF THE FORM 990 BEING POSTED FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST STATEMENT IS COLLECTED FROM TRUSTEES AND KEY EMPLOYEES. REMINDERS ARE SENT TO TRUSTEES AND KEY EMPLOYEES WITH OUTSTANDING STATEMENTS UNTIL RECEIVED. CONFLICTS DISCLOSED ARE REVIEWED AND MONITORED. TRUSTEES ABSTAIN FROM VOTING WHEN A VOTE IS REQUIRED AND THE TRUSTEE HAS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: THE PRESIDENT'S SALARY IS APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND A WRITTEN AGREEMENT IS SIGNED BY BOTH PARTIES. SALARY AMOUNT IS BASED ON, BUT NOT LIMITED TO: PRIOR SALARY, BUDGETED COMPENSATION INCREASE TO ALL EMPLOYEES OF THE UNIVERSITY, PERFORMANCE, CHANGES IN RESPONSIBILITY, COMPARATIVE DATA FROM CUPA AND OTHER RELEVANT FACTORS AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION PROCESS FOR OFFICERS: VICE PRESIDENTS SALARIES ARE APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY AMOUNTS ARE BASED ON, BUT NOT LIMITED TO: PRIOR SALARY, BUDGETED COMPENSATION INCREASE TO ALL EMPLOYEES OF THE UNIVERSITY, PERFORMANCE, CHANGES IN RESPONSIBILITY, COMPARATIVE DATA FROM CUPA AND OTHER RELEVANT FACTORS AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. REQUESTS FOR SUCH DATA ARE REVIEWED AND INFORMATION IS PROVIDED IF DEEMED APPROPRIATE. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC ERIC R. JENSEN - 615 WEST LN, GENEVA, IL 60134. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,119,637. MANAGEMENT AND GENERAL EXPENSES 27,997. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,147,634. FORM 990, PART XI, LINE 9: CHANGE IN SWAP LIABILITY 844,393. CHANGE IN POST RETIREMENT OBLIGATIONS 180,000. CHANGE IN SPLIT INTEREST AGREEMENT OBLIGATIONS 2,432,452. FORM 990, PART XII, LINE 2C: THE PROCESS OF SELECTING AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEAR. FROM 990, PART I, LINE 6: VOLUNTEERS PARTICIPATE IN VARIOUS ACADEMIC, CAMPUS AND ALUMNI EVENTS LIKE HOMECOMING AND ALUMNI RELATIONS CONNECTIONS EVENTS. ACADEMIC VOLUNTEERS SPEAK TO CLASSES, ACT AS MENTORS AND HOST STUDENT VISITS TO VARIOUS WORKPLACES.