2025-05-09T15:51:13+00:00 2024-06-30 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2023-07-01 730579265 OKLAHOMA CITY UNIVERSITY OKLA 4052085000 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 ANNA DAVIS CFO 4052085000 2025-05-09 false true April Arnold P01559426 5612991820 2025-05-09 2023 2025-03-06 01:10:19Z ANNA DAVIS 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 122349987 false X WWW.OKCU.EDU X 1904 OK Inspired by a culture of creativity, Oklahoma City University fosters an immersive, personalized experience that welcomes and prepares students to pursue boundless opportunities. 35 35 1400 250 -51 0 14908589 19098370 88325029 93878012 5746707 5591869 3271064 3416096 112251389 121984347 30642873 33579258 0 43928506 46814462 25000 1880715 38462715 39270230 113034094 119688950 -782705 2295397 397780869 384435860 124368782 121036228 273412087 263399632 SEE SCHEDULE O false false 103397006 32137919 82558226 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 2023-2024 ACADEMIC YEAR WAS 2551. 6610077 1441339 11319786 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. 110007083 true true false false false false true false true true false false true true true true false true true true false false true true false false false true true true false false false false false false false false false false true false false false false true true true false false true 4255 0 true 1400 true false false false false false true true false false false false false false X 35 35 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 EMMANUEL E EDEM SECRETARY 1.0 X X 0 0 0 GARY HOMSEY CHAIRMAN 1.0 X X 0 0 0 JAMES JIMMY NUNN RESIDENT BISHOP 1.0 X X 0 0 0 JANE JAYROE GAMBLE VICE CHAIRMAN 1.0 X X 0 0 0 NICHOLAS HARROZ III TREASURER 1.0 X X 0 0 0 ANN JOHNSTONE TRUSTEE 1.0 X 0 0 0 CATHY LEICHTER TRUSTEE 1.0 X 0 0 0 CLINT PURTELL TRUSTEE 1.0 X 0 0 0 DEBBIE FLEMING TRUSTEE 1.0 X 0 0 0 DON KIM TRUSTEE 1.0 X 0 0 0 GEORGE R RANDALL TRUSTEE 1.0 X 0 0 0 GERALD E GAMBLE TRUSTEE 1.0 X 0 0 0 JACQUE FIEGEL TRUSTEE 1.0 X 0 0 0 JENEE NAIFEH LISTER TRUSTEE 1.0 X 0 0 0 JERRY B VANNATTA TRUSTEE 1.0 X 0 0 0 JOE HAMSEY JR TRUSTEE 1.0 X 0 0 0 JOE HOLT TRUSTEE 1.0 X 0 0 0 JOHN VEAL TRUSTEE 1.0 X 0 0 0 JUDY LOVE TRUSTEE 1.0 X 0 0 0 KATHY L WILLIAMS TRUSTEE 1.0 X 0 0 0 LANCE MCDANIEL TRUSTEE 1.0 X 0 0 0 LOU KERR TRUSTEE 1.0 X 0 0 0 LOUISE BASS TRUSTEE 1.0 X 0 0 0 MICHAEL MICKEY HOMSEY TRUSTEE 1.0 X 0 0 0 PATRICK T RONNEY TRUSTEE 1.0 X 0 0 0 PAUL MCLAUGHLIN Chairman Emeritus and Trustee 1.0 X 0 0 0 PAULA MARSHALL TRUSTEE 1.0 X 0 0 0 PHILLIP BUSEY TRUSTEE 1.0 X 0 0 0 RICHARD PARRY TRUSTEE 1.0 X 0 0 0 ROBERT E LONG TRUSTEE 1.0 X 0 0 0 SHANE SANDERS TRUSTEE 1.0 X 0 0 0 TAMMY POWELL TRUSTEE 1.0 X 0 0 0 TERESA ROSE TRUSTEE 1.0 X 0 0 0 WILLIAM F SHDEED CHAIRMAN EMERITUS 1.0 X 0 0 0 WILLIAM MEE TRUSTEE 1.0 X 0 0 0 AMY AYRES VICE PRESIDENT, STUDENT AFFAIR 40.0 X 128439 0 16673 ANNA DAVIS VP FOR FINANCE & BUSINESS OPERATIONS & CFO 40.0 X 110978 0 21005 CASEY ROSS UNIVERSITY GENERAL COUNSEL 40.0 X 232653 0 24068 COREY BRAY ATHLETIC DIRECTOR 40.0 X 109047 0 26301 GERRY HUNT CHIEF INFORMATION OFFICER 40.0 X 145200 0 24213 JOEY CROSLIN VICE PRESIDENT, HUMAN RESOURCE 40.0 X 130562 0 8545 KENNETH EVANS PRESIDENT 40.0 X 312017 0 25700 KEVAN BUCK VICE PRESIDENT, FINANCE /CFO 40.0 X 160658 0 7724 KEVIN WINDHOLZ VICE PRESIDENT, ENROLLMENT/COM 40.0 X 143215 0 24155 Koby Harrington Vice President of University Advancement 40.0 X 120206 0 23265 LYNN STERK-BROOKS VICE PRESIDENT, ADVANCEMENT 40.0 X 128429 0 11778 MICHELLE KIEC PROVOST & VP FOR ACAD AFFAIRS 40.0 X 204995 0 19821 TALIA CARROLL VICE PRESIDENT, DIVERSITY 40.0 X 119713 0 18367 GINA CRAWFORD DEAN 40.0 X 182454 0 15948 JAMES ROTH DEAN 40.0 X 220132 0 745 LEE PEOPLES DIRECTOR 40.0 X 173978 0 8794 MARK PARKER DEAN 40.0 X 171872 0 21909 Srinath Beldona Dean 40.0 X 212747 0 42089 3007295 0 341100 61 false true false COMPASS GROUP USA INC DBA CHARTWELLS 2400 YORKMONT RD CHARLOTTE NC 282174511 FOOD SERVICES 5361690 BLACKMON MOORING OF OKLAHOMA CITY INC 1101 ENTERPRISE AVE STE 12 OKLAHOMA CITY OK 731281465 FLOOD REMEDIATION 1057734 HES INTERMEDIATE HOLDINGS LLC 9202 S NORTHSHORE DR STE 202 KNOXVILLE TN 379226690 JANITORIAL SERVICES 1052966 Flintco LLC 323 E Reconciliation Way Tulsa OK 74120 Construction Services 597042 COLLEGIS LLC 1415 W 22ND ST STE 200 OAK BROOKE IL 605238419 ENROLL CONSULTING 582246 18 189429 647742 18261199 463649 19098370 TUITION AND FEES 611310 82554184 82554184 CAMPS/CONFERENCES/PERFORMANCES 611710 687268 687268 ROOM/BOARD REVENUES 611710 10395415 10395415 BOOKSTORE REVENUE 451211 79662 79662 ATHLETIC EVENTS 711300 157441 157441 4042 4042 0 0 93878012 1255853 1255853 373981 -51 374032 811432 811432 0 811432 811432 4359865 79496 103345 4359865 -23849 4336016 4336016 179413 189429 262295 -82882 -82882 INSURANCE REIMBURSEMENT 900099 1848946 1848946 464619 0 0 464619 2313565 121984347 93878012 -51 9008016 33579258 33579258 2297724 392186 1621861 283677 35778615 32978512 1933014 867089 1126708 1036675 65003 25030 4858820 4485851 263854 109115 2752595 2344861 325998 81736 339870 339870 159864 17650 142214 149023 149023 25000 25000 340720 340720 10051337 9694614 325901 30822 1491794 1475280 9219 7295 2335174 2108431 116927 109816 1905692 905986 923927 75779 2884335 2764026 120309 1380110 1325204 34497 20409 438390 347523 24928 65939 4183217 3251956 931261 8541801 8250884 290917 1903597 1880074 23523 OTHER PROGRAM EXPENSES 3165306 2828242 158056 179008 0 0 0 0 119688950 110007083 7801152 1880715 5495 5495 14557323 14782973 7855477 10346632 1465522 2055835 0 0 0 0 2029340 2203358 312442727 135121234 184422340 177321493 87218321 91731338 2929171 2005936 627711 379117 96670169 83603683 397780869 384435860 7391616 5837931 3986135 5154342 91624504 89412913 0 0 12500000 12791677 8866527 7839365 124368782 121036228 X 91254891 83087665 182157196 180311967 273412087 263399632 397780869 384435860 2295397 -12307852 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 634715 X X X X false 187235777 7728931 -6509929 0 10533322 0 177921457 142638982 3371592 49087423 0 7862220 0 187235777 150601166 2808137 -4285124 0 6485197 0 142638982 122654441 1407690 32514437 0 5975402 0 150601166 127137085 2282863 -543818 0 6221689 0 122654441 0.068 0.4319 0.5001 true false 10712115 10712115 192379148 70787249 121591899 50526780 18376264 32150516 58824684 45957721 12866963 177321493 BENEFICIAL INTEREST IN TRUSTS 83273803 RIGHT OF USE ASSETS 129226 OTHER 200654 83603683 DEPOSITS HELD IN CUSTODY FOR OTHERS 692630 FED GOVT ADVANCES FOR STUDENT LOANS 1479000 ANNUITIES PAYABLE 319562 CAPITAL LEASE OBLIGATIONS 5348173 7839365 X 70498654 -12307852 0 0 0 -12307852 82806506 340720 38837121 39177841 121984347 80511109 0 0 0 0 0 80511109 340720 38837121 39177841 119688950 Schedule D, Part III, Line 1a COLLECTIONS OF ART OR OTHER SIMILAR ASSETS 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 Collections of art - description of collections 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 Intended uses of endowment funds 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 FIN 48 (ASC 740) footnote 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, 2024 AND 2023. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY THE U.S. FEDERAL, OR STATE TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. 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 4(b) Other revenues in form 990 not in audited financial statements Fundraising Expense - -262295 Student Aid/Scholarship Assistance - 32108725 Auxiliary Discount - 1441339 Food Service Costs - 3700406 Insurance Reimbursement - 1848946 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Fundraising Expese - -262295 Student Aid/Scholarship Assistance - 32108725 Auxiliary Discount - 1441339 Food Service Costs - 3700406 Insurance Reimbursement - 1848946 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE POLICY IS STATED AT THE BOTTOM OF THE UNIVERSITY'S HOMEPAGE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT 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. Europe (Including Iceland and Greenland) 0 0 Program Services MFA SCREEN ACTING 332182 0 0 0 0 0 0 332182 0 332182 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual X X X X X X X true Bailey Gordon Consulting LLC 605 NW 36th Ter Oklahoma City OK 731187018 Grant writing, tracking and research. false 0 25000 -25000 0 25000 -25000 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Women in Leadership 144448 86368 58080 0 0 33935 29395 46220 19425 Hall of Honor 122665 58205 64460 0 0 5063 19959 0 43634 2 101729 44856 56873 0 0 650 28359 0 35655 368842 189429 179413 0 0 39648 77713 46220 98714 262295 -82882 true Student aid/Scholarships 2151 33579258 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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 true true X X X X false false false false false false false false false CASEY ROSS UNIVERSITY GENERAL COUNSEL 232653 0 0 0 0 0 11250 0 12818 0 256721 0 0 0 GERRY HUNT CHIEF INFORMATION OFFICER 145200 0 0 0 0 0 7500 0 16713 0 169413 0 0 0 KENNETH EVANS PRESIDENT 312017 0 0 0 0 0 15750 0 9950 0 337717 0 0 0 KEVAN BUCK VICE PRESIDENT, FINANCE /CFO 160658 0 0 0 0 0 7563 0 161 0 168382 0 0 0 KEVIN WINDHOLZ VICE PRESIDENT, ENROLLMENT/COM 143215 0 0 0 0 0 7500 0 16655 0 167370 0 0 0 MICHELLE KIEC PROVOST & VP FOR ACAD AFFAIRS 204995 0 0 0 0 0 10331 0 9490 0 224816 0 0 0 GINA CRAWFORD DEAN 182454 0 0 0 0 0 7500 0 8448 0 198402 0 0 0 JAMES ROTH DEAN 220132 0 0 0 0 0 0 0 745 0 220877 0 0 0 LEE PEOPLES DIRECTOR 172300 0 1678 0 0 0 8240 0 554 0 182772 0 0 0 MARK PARKER DEAN 171872 0 0 0 0 0 8853 0 13056 0 193781 0 0 0 Srinath Beldona Dean 212747 0 0 0 0 0 11591 0 30498 0 254836 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use 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. A OK DEVELOPMENT FINANCE AUTH 731083741 6789083T9 2019-12-02 90760000 REDEMPTION FUND, COST false false false A 6315000 0 99346610 5786094 0 0 936295 0 0 30040300 62767815 0 2019 true false true true A false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true A true Schedule K, Part IV, Line 2c COLUMN A Issuer name: OK DEVELOPMENT FINANCE AUTH The calculation for computing no rebate due was performed on 08/01/2024 X 12654 Market value X 6 401377 Other - Avg Mkt Val X Computer Equipment 1 11594 Market value X Auction items 77 38024 Market value 0 false true false Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION'S MISSION 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, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS JANE JAYROE GAMBLE, VICE CHAIRMAN, AND GERALD L. GAMBLE, TRUSTEE, HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official COMPENSATION PROCESS FOR TOP OFFICIAL: A SUBCOMMITTEE CONVENED BY THE EXECUTIVE COMMITTEE AND/OR BOARD OF TRUSTEES PERFORM A PERFORMANCE EVALUATION ANNUALLY. THE SUBCOMMITTEE CAN 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, Line 15b Process to establish compensation of other employees 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, Line 19 Required documents available to the public GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue OTHER - Total Revenue: 4042, Related or Exempt Function Revenue: 4042, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ALL OTHER REVENUE - Total Revenue: 464619, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 464619; CHARITABLE REMAINDER TRUST CHARITABLE TR OK OKCU Trust true false false false false false false false false false false false false false false false false false false true CHARITABLE REMAINDER TRUST S 1225171 FMV Schedule R, Part V, Line 2(b) Charitable Remainder Trust The owner of the charitable remainder trust is deceased as of 6/30/2024. During the year remaining assets in the trust were liquidated and transferred in cash to the University, who is the beneficiary of the trust.