2023-11-06T13:15:49-06:00 2023-06-30 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2022-07-01 450231180 University of Jamestown UNIV 7012523467 6088 College Lane Jamestown ND 58405 Kresha Wiest CFO 7012523467 2023-10-30 1 Kresha Wiest 999009999 0 Lisa Chaffee CPA P00193453 7012551091 2023-10-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jamestown College Polly Peterson 6088 College Lane Jamestown ND 58405 51440281 0 X www.uj.edu X 1883 ND Education 31 30 930 50 3409 0 9650084 13907496 32739099 32373815 1686249 1111869 245559 352251 44320991 47745431 12882139 13120826 0 0 16294877 17582814 0 0 656797 13369103 13610180 42546119 44313820 1774872 3431611 90603412 117005425 12752312 32290948 77851100 84714477 X University of Jamestown is a community dedicated to the development of wholeness in our students. We adhere to a curriculum of academic excellence which balances the ideals of the liberal arts tradition and sound professional preparation. Our Christian tradition encourages an atmosphere of self-discipline, responsibility and concern for continuing growth of the individual. 0 0 10079635 26091069 University of Jamestown is a residential, independent, four-year, coeducational, Liberal Arts College related to the Presbyterian Church (U.S.A.). The University was chartered in 1884. The first classes began in September 1886. Throughout its more than 100-year history, the University of Jamestown has consistently stood for academic excellence and Christian principles in all that it does. The University offers Bachelor of Arts and Bachelor of Science degrees in 21 major areas of study, as well as 34 minors and 11 pre-professional programs. The University expanded its offerings and began a doctoral program in 2013 and masters programs in 2015. The University again expanded its offerings in 2022 to include online certificate programs. University of Jamestown has been a continuous accredited member of the North Central Association since 1920.Post-Secondary Education: Instruction - Academic programs with approximately 1100 FTE students enrolled. Bachelor of Arts, Bachelor of Science, masters and doctoral degrees are awarded by the Institution. 13120826 13120826 Post-Secondary Education: Student Aid - Institutional scholarships and work programs offered to students. Aid is awarded both based upon need and scholastic achievement. 10901358 112863 Post-Secondary Education: General Administrative Support - Physical plant, general institution and administrative support. 6452781 6169883 Post-Secondary Education: Auxiliary Enterprises - Student housing, food services, and bookstore. Post-Secondary Education: Student Services - Counseling, financial aid, registrar, recruiting and academic assistance. Post-Secondary Education: Other Sponsored Programs - Athletics, choir, band. Post-Secondary Education: Library - Provide educational support via books, publications, periodicals, multimedia, and through other means to academic departments and students. 6452781 6169883 40554600 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1737 0 1 930 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Tonya McIlonie Sletto 7012523467 6088 College Lane Jamestown ND 58405 James Unruh Chairman 3.00 0.10 X X 0 0 0 Todd Steinwand 1st Vice Chair 2.00 0.10 X X 0 0 0 Jo-Ida Hansen 2nd Vice Chair 2.00 0.10 X X 0 0 0 Kelly Krein Trustee 1.00 0.10 X 0 0 0 Alan Berg Trustee 1.00 0.10 X 0 0 0 Kari Ness Trustee 1.00 0.10 X 0 0 0 Bart Holaday Trustee 1.00 0.10 X 0 0 0 Jim Johnson Trustee 1.00 0.10 X 0 0 0 Larry Langemo Trustee 1.00 0.10 X 0 0 0 C Alan Lindberg Trustee 1.00 0.10 X 0 0 0 David Muhs Trustee 1.00 0.10 X 0 0 0 Robert Piatz Trustee 1.00 0.10 X 0 0 0 Jasper Schneider Trustee 1.00 0.10 X 0 0 0 H George Schuler Trustee 1.00 0.10 X 0 0 0 Jill Sisk Trustee 1.00 0.10 X 0 0 0 Paul Sukut Trustee 1.00 0.10 X 0 0 0 William Bernhagen Trustee 1.00 0.10 X 0 0 0 Virgil Miedema Trustee 1.00 0.10 X 0 0 0 Richard Hall Trustee 1.00 0.10 X 0 0 0 Peggy Foss Trustee 1.00 0.10 X 0 0 0 Chrystal Veazey-Watson Trustee until May 2023 1.00 0.10 X 0 0 0 Brian Johnson Trustee starting Feb 2023 1.00 0.10 X 0 0 0 Jeff Young Trustee 1.00 0.10 X 0 0 0 Mark Wolf Trustee 1.00 0.10 X 0 0 0 MaryBeth Hegstad Ex Officio Trustee 1.00 0.10 X 0 0 0 Robert McLennan Trustee 1.00 0.10 X 0 0 0 David Evinger Trustee 1.00 0.10 X 0 0 0 Terry Wanzek Trustee 1.00 0.10 X 0 0 0 Shane Berg Trustee 1.00 0.10 X 0 0 0 Steven Bietz Trustee 1.00 0.10 X 0 0 0 Sandi Piatz Trustee 1.00 0.10 X 0 0 0 Polly Peterson President 40.00 0.10 X X 301584 0 32647 Kresha Wiest Chief Financial Officer 40.00 0.00 X 119218 0 5961 Danielle Gordon Executive VP until Nov 2022 40.00 0.00 X 214366 0 0 Paul Olson Provost 40.00 0.00 X 138540 0 15946 Kristin Lefebvre Program Director 40.00 0.00 X 126217 0 6311 Sara Voorhees Program Director 40.00 0.00 X 123007 0 15169 Nola Czarnik Associate Vice President 40.00 0.00 X 118092 0 19280 1141024 0 95314 13 0 1 0 Sodexo 6014 College Lane Jamestown ND 58405 Food service provider 3883984 Hillerud Construction Inc 1008 2nd Ave SE Jamestown ND 58401 Construction 1132656 Lunseth Plumbing & Heating 1710 N Washington St Grand Forks ND 58203 Construction 672500 Jenzabar PO Box 55018 Boston MA 02205 Software maintenance 618884 JE Dunn Construction 1001 Locust St Kansas City MO 64106 Contracting 587428 14 90220 464380 13352896 2599505 13907496 Tuition & Fees 611600 26091069 26091069 Auxillary Income 611710 6169883 6169883 Federal Aid Reimb 611600 23330 23330 Student Loan Interest 611600 8634 8634 80899 77490 3409 32373815 1100753 1100753 194653 194653 194677 0 194677 194677 194677 3553110 3541994 11116 11116 11116 115777 90220 152856 -37079 -37079 47745431 32370406 3409 1464120 13120826 13120826 489471 116263 256945 116263 13975696 12584007 1101271 290418 464784 423260 33420 8104 1746989 1553516 150898 42575 905874 797242 83789 24843 69733 69733 67246 67246 36000 36000 140922 140922 901895 828700 73195 818310 750630 52900 14780 929303 870260 48323 10720 2393863 2393863 456778 390664 48819 17295 77281 77281 730628 730628 1998205 1977538 13778 6889 Contract Food Services 1869858 1869858 Athletics/Music Program 1535600 1493006 42594 Repair & Maintenance 791931 787442 2498 1991 Auxiliary Cost of Goods 186014 186014 606613 375511 223972 7130 44313820 40554600 3102423 656797 17209 17409 5118686 5179787 26437 200 476300 475567 775000 775000 198702 207647 358519 108556 84682835 39668546 42074291 45014289 9064 15435 41014124 45015088 347141 224777 187939 19971670 90603412 117005425 1379185 1569877 412164 165135 1448716 1512905 3700000 3700001 304590 399690 4700399 4299416 807258 20643924 12752312 32290948 X 37073116 37513198 40777984 47201279 77851100 84714477 90603412 117005425 X 3431611 3391882 39884 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36000 36000 40554600 40590600 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 7430 36000 43430 250000 250000 250000 250000 1000000 1500000 0 1 X 39250694 2331710 4553333 2437604 489437 140922 43067774 45874411 1187035 -5046608 2294973 312104 157067 39250694 37527825 453888 10715947 2234293 445717 143239 45874411 38953004 842458 599350 2389659 338233 139095 37527825 38686539 1215439 2031682 2439879 385685 155092 38953004 0.12100 0.87110 0.00790 1 0 2777855 3221364 5999219 65065129 27663342 37401787 7859586 7055504 804082 5758901 4949700 809201 45014289 Held in Trust 45015088 F 45015088 Interest Receivable 3920 Cash Surrender Value of Life Insurance 158913 Reward Loans 24140 Related Party Receivable 7777 Right to Use Assets 19776920 19971670 Annuities Payable 861509 Leases Payable 1032995 Related Party Lease Payable 18749420 20643924 X Part IV, Line 2b: University of Jamestown chartered clubs, student academic associations, and approved faculty and staff associations have established agency accounts. Part V, Line 4: Endowment Funds are to be invested according to the Board approved Investment Policy Statement. Distributions from the fund are also made according the Investment Policy Statement and used for the purposes set by the donors, including items such as scholarships, facility maintenance and programs. Part X, Line 2: Management believes that each entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The University would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 University of Jamestown employs direct mail in the solicitation for students. Written communications used in the solicitation process include a statement of the University of Jamestown nondiscriminatory policy. Further, written communications used in the application process include the statement of our nondiscriminatory policy. Schedule E, Part I, Line 6 University of Jamestown receives federal funding. The major program was the Student Financial Aid cluster consisting of: Federal Pell Grant Program, Federal Work Study Program, FSEOG Program, Perkins Loan Program, Federal Direct Student Loan Program, and Parents Loans for Undergraduate Students Loan Program. Dine & Bid 143447 84995 58452 13375 42912 30878 23097 Jimmie Scramble 62550 5225 57325 42594 205997 90220 115777 13375 42912 30878 65691 152856 -37079 1 Merit Scholarships 663 2408492 Athletic Scholarships 584 6728369 Tuition Waivers 173 1295591 Fine Art Scholarships 112 226168 Other Scholarships 700 2462206 Part I, Line 2: Scholarships are awarded to students based upon criteria such as need, area of study, grade point average, among others, as established by scholarship documents and donor restrictions. Scholarships are applied to the students' accounts to help cover the costs of tuition, room, and board. X 1 1 X X X 1 0 0 0 0 0 0 0 0 Polly Peterson President 301584 0 0 0 0 0 15079 0 17598 0 334261 0 0 0 Danielle Gordon Executive VP until Nov 2022 214366 0 0 0 0 0 0 0 30 0 214396 0 0 0 Paul Olson Provost 138540 0 0 0 0 0 6927 0 9049 0 154516 0 0 0 Part I, Line 1a The President receives a housing allowance which is properly reported as taxable income on the W-2. Part I, Line 4a Danielle Gordon received a severance payment in the amount of $50,000 which is properly reported as taxable income on the W-2. A Stutsman County North Dakota 456002244 000000000 2021-12-16 3700000 Refund tax exempt bonds issued 11/14/2016. 0 0 0 A 3700000 3700000 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Schedule K, Part II, Line 1: The amounts on line 1 represent the amount of principal reduction of the underlying note payable to the financial institution rather than actual retirement of bonds in the issue. 15500 Scholarships Education - Financial Assistance Part III, Column d: One related student received various scholarships including merit, fine arts, athletic, and other types. X 6 1087066 Hi-Lo Avg MV-Gift DT X 1 452000 Appraisal/Selling price X Mineral Rights 2 1060439 Appraisal/Selling pr 0 0 1 1 Part I, Line 32b: Brokers are engaged to sell securities. Form 990, Part VI, Section A, line 1a Committees Acting on Behalf of Board: From time to time the Board of Trustees will authorize subcommittees of the board to act on their behalf. These committees are always composed of members of the governing body. The authority varies as granted by the board. Form 990, Part VI, Section B, line 11b Form 990 Review: A copy of the full Form 990 will be distributed to the full board for their review and comment prior to filing with the IRS. The full board has also delegated authority to review and approve the Form 990 to the Audit and Finance Committee, which is comprised of current board members. A final version of the full Form 990 is submitted to this committee for review and approval before filing with the IRS. Form 990, Part VI, Section B, line 12c It is the policy of University of Jamestown that no Trustee or committee member, or their family members, should derive any personal profit or gain, directly of indirectly, by reason of his or her association with University of Jamestown. Each shall disclose to the Board any personal interest which he or she, or any family member may have in any matter pending before the Board or Board Committee. Any Trustee who is uncertain about a possible conflict of interest in any matter may request the Executive Committee for an advance determination whether a conflict of interest exists. Disclosure statements shall be submitted annually to the Chair of the Board of Trustees, who with the President shall be responsible for the administration of the policy. A Trustee, Board Committee member or officer who has declared or been found to have a conflict of interest in any proposed action or matter shall refrain from participating in consideration except to provide information as requested by a Trustee. He or she shall not vote on the matter and, if so requested by the Chair or any Trustee, shall not be present at the time of discussion and/or vote. Form 990, Part VI, Section B, line 15 Compensation Process: Annually, the Independent Personnel Committee reviews compensation and submits recommended changes to the full Board for approval. The committee uses various peer and industry surveys for comparability data, including College and University Professionals Association Human Resources information. The recommended changes and approval are documented in the board meeting minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XI, line 9: (Increase) Decrease in CSV 404. Actuarial gain (loss) on annuity obligations -127,910. Change in value of split interest agreements 167,388. Adjustment for rounding to tie to audited financial statements 2. Jamestown College Foundation 6082 College Lane Jamestown ND 58405 363447067 Support of University of Jamestown ND 501(c)(3) Line 12a, I University of Jamestown 1 Perpetual Trusts (2) Charitable Trust ND N/A T 1 Perpetual Trust (1) Charitable Trust IN N/A T 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 Jamestown College Foundation K 919805 Accrual Accting Jamestown College Foundation D 18749420 Accrual Accting