KETTERING UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KETTERING UNIVERSITY (EIN 38-2410852)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-11
- IRS object ID
- 202221319349303237
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-11T15:40:34-07:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 E Main Street | AddressLine1Txt |
| Address Line2 | Suite 700 | AddressLine2Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382410852 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KETTERING UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KETT | BusinessNameControlTxt |
| Phone | 8107629790 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 University Avenue | AddressLine1Txt |
| City | Flint | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 485046214 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Thomas Ayers | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8107629925 | PhoneNum |
| Signature | 2022-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
| Preparation | 2022-05-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 1 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Robert K McMahan | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 University Avenue | AddressLine1Txt |
| City | Flint | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48504 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $107,585,322 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.kettering.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | Kettering University prepares students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics, and business. Founded in 1919 by a group of Flint leaders with a vision for transforming the automobile industry, Kettering University today offers 14 undergraduate degrees, 7 graduate degrees, and a variety of concentrations and minors that allow it to deliver an education that couples theory and practice better than any other institution in the world. The University is dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders the University strives to fulfill its mission. The University's actions are imbued by a set of values that foster respect, integrity, creativity, collaboration and excellence. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 900 | TotalEmployeeCnt |
| Total Volunteers | 1449 | TotalVolunteersCnt |
| Total Gross UBI | $183,446 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $155,314 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,565,628 | PYContributionsGrantsAmt |
| CY Contributions Grants | $25,234,401 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $57,837,517 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $52,326,283 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,779,836 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,744,000 | CYInvestmentIncomeAmt |
| PY Other Revenue | $128,999 | PYOtherRevenueAmt |
| CY Other Revenue | $51,795 | CYOtherRevenueAmt |
| PY Total Revenue | $68,311,980 | PYTotalRevenueAmt |
| CY Total Revenue | $82,356,479 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,624,652 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,993,405 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $39,793,368 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $39,647,605 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,572,915 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,132,183 | PYOtherExpensesAmt |
| CY Other Expenses | $21,767,523 | CYOtherExpensesAmt |
| PY Total Expenses | $69,550,203 | PYTotalExpensesAmt |
| CY Total Expenses | $65,408,533 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,238,223 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $16,947,946 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $242,847,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $281,450,228 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $48,884,630 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $49,643,910 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $193,963,021 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $231,806,318 | NetAssetsOrFundBalancesEOYAmt |
| Mission | We prepare students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics, and business. Founded in 1919 by a group of Flint leaders with a vision for transforming the automobile industry, Kettering University today offers 14 undergraduate degrees, 8 graduate degrees, and a variety of concentrations and minors that allow it to deliver an education that couples theory and practice better than any other institution in the world. The University is dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders the University strives to fulfill its mission. The University's actions are imbued by a set of values that foster respect, integrity, creativity, collaboration and excellence. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,623,429 | ExpenseAmt |
| Grant | $3,993,405 | GrantAmt |
| Revenue | $38,408,548 | RevenueAmt |
| Desc | Undergraduate Instruction. Delivered 58,526 undergraduate student credit hours of instruction (one student credit hour represents 10 hours of instruction for one student). Awarded 428 baccalaureate degrees in 14 different programs. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,069,270 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $6,196,426 | RevenueAmt |
| Desc | Graduate Instruction. Delivered 6,556 graduate student credit hours of instruction (one student credit hour represents 10 hours of instruction for one student). Awarded 202 master's degrees in 8 different programs. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,172,467 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $856,059 | RevenueAmt |
| Desc | July 1, 2020 to Dec 31, 2020: This subaward is issued by the MI-SBDC Lead Center at Grand Valley State University for the performance for a Scope of Work originally awarded to the Prime recipient. GVSU is the prime recipient of the US Small Business Administration (SBA) Small Business Development Center cooperative agreement to establish a statewide network of a State Lead Center and SBDC Regional Centers. The Regional center housed at Kettering develops and maintains a comprehensive small business assistance program that provides consulting, training and research services to promote business start-up, innovation and expansion. Economic impact success in this time frame: 30 new business starts, 101 new jobs, 605 jobs retained, $11,713,389 in capital formation, $852,523 in increased sales, and no face-to-face attendee training due to the COVID pandemic. All training was conducted through webinars at a statewide level due to the COVID pandemic. Jan 1, 2021 to June 30, 2021: This subaward is issued by the MI-SBDC Lead Center at Grand Valley State University for the performance for a Scope of Work originally awarded to the Prime recipient. GVSU is the prime recipient of the US Small Business Administration (SBA) Small Business Development Center cooperative agreement to establish a statewide network of a State Lead Center and SBDC Regional Centers. The Regional center housed at Kettering develops and maintains a comprehensive small business assistance program that provides consulting, training and research services to promote business start-up, innovation and expansion. Economic impact success in this time frame: 40 new business starts, 534 new jobs, 698 jobs retained, $15,300,563 in capital formation, $0 in increased sales, and no face-to-face attendee training due to the COVID pandemic. All training was conducted through webinars at a statewide level due to the COVID pandemic. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $32,256,583 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $6,865,200 | RevenueAmt |
| Desc | All other Program Services includes Academic Support, Student Services, Institutional Services, and Auxiliary Services. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $32,256,583 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $6,865,200 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $55,121,749 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | Yes (1) | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2654 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 900 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | JE | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nancy A Fike | PersonNm |
| Phone | 8107629925 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 University Avenue | AddressLine1Txt |
| City | Flint | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 485046214 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Robert K McMahan | ||||||||
| President | 80 | Yes (X) | Yes (X) | $717,043 | $0 | $53,909 | ||
| James Zhang | ||||||||
| Provost | 55 | Yes (X) | $292,860 | $0 | $44,867 | |||
| Thomas W Ayers | ||||||||
| Treasurer | 55 | Yes (X) | $277,120 | $0 | $43,998 | |||
| Susan Davies | ||||||||
| VP University Advancement & External Relations | 55 | $254,109 | $0 | $41,803 | Yes (X) | |||
| Cornelius Darcy | ||||||||
| VP Marketing, Communication & Enrollment | 55 | $238,666 | $0 | $39,123 | Yes (X) | |||
| Christine Wallace | ||||||||
| Vice President Kettering Global | 55 | $217,159 | $0 | $35,477 | Yes (X) | |||
| Craig Hoff | ||||||||
| Dean of College of Engineering | 55 | $187,339 | $0 | $41,261 | Yes (X) | |||
| Kathryn Svinarich | ||||||||
| Associate Provost | 55 | $204,384 | $0 | $20,638 | Yes (X) | |||
| Mehrdad Zadeh | ||||||||
| Associate Professor Electrical & Computer Eng | 55 | $158,494 | $0 | $42,095 | Yes (X) | |||
| Donald Rockwell | ||||||||
| University Counsel | 55 | Yes (X) | $166,917 | $0 | $27,045 | |||
| LB McCune | ||||||||
| VP Student Affairs | 55 | $164,747 | $0 | $28,330 | Yes (X) | |||
| Jane Homsher | ||||||||
| Special Assistant to the President | 55 | $155,216 | $0 | $24,825 | Yes (X) | |||
| Bassem Ramadan | ||||||||
| Department Head - Mechanical Engineering | 55 | $157,721 | $0 | $21,599 | Yes (X) | |||
| Henio R Arcangeli Jr | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Lizabeth A Ardisana | ||||||||
| Board Chair | 4 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Carla J Bailo | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Jane E Boon | ||||||||
| Board Secretary | 2 | Yes (X) | $0 | $0 | $0 | |||
| Walter G Borst | ||||||||
| Board Vice Chair | 2 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Donald B Chaffin | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Bruce D Coventry | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Gary L Cowger | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Jacqueline A Dedo | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Phillip C Dutcher | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Charles Gray | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| David S Hoyte | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Gerald Johnson | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| David Kazyak | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Charles F Kettering III | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Jesse M Lopez | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Machelle A McAdory | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| John W Moyer | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Raj Nair | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey J Owens | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Raymond E Scott | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Marjorie Sorge | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Norman J Szydlowski | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Diana D Tremblay | ||||||||
| Board Member | 2 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,191,775 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $464,970 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 58 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Keypath Education LLC | ||||||
| 220 N Smith St | 201 | Palatine | IL | 60067 | Recruitment Services | $2,428,564 |
| Ruffalo Noel Levitz | ||||||
| 1025 Kirkwood Pkwy SW | Cedar Rapids | IA | 52404 | Marketing Services | $452,542 | |
| Duffey Petrosky & Company | ||||||
| 38505 Country Club Dr | Farmington Hills | MI | 48331 | Marketing Services | $366,950 | |
| TargetX | ||||||
| 1001 E Hector Street | STE 100 | Conshohocken | PA | 19428 | CRM Services | $147,200 |
| Plante Moran PLLC | ||||||
| 3000 Town Center | Suite 100 | Southfield | MI | 48075 | Audit and Tax Services | $100,460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $3,309,234 | GovernmentGrantsAmt |
| All Other Contributions | $21,925,167 | AllOtherContributionsAmt |
| Noncash Contributions | $3,327,877 | NoncashContributionsAmt |
| Total Contributions | $25,234,401 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Tuition - Undergraduate | 611310 | $42,402,003 | $42,402,003 | $0 | $0 |
| Tuition - Graduate | 611310 | $6,169,426 | $6,169,426 | $0 | $0 |
| Research | 611310 | $856,059 | $856,059 | $0 | $0 |
| International Programs | 611310 | $399,809 | $399,809 | $0 | $0 |
| Auxiliary Services | 611310 | $2,498,986 | $2,498,986 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $52,326,283 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,205,722 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $183,446 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,022,276 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $51,795 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $51,795 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,795 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $51,795 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,767,121 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,228,843 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,538,278 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,538,278 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,538,278 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,356,479 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $52,326,283 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $183,446 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,612,349 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,993,405 | TotalAmt |
| Program Services | $3,993,405 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,072,157 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,662,239 | ManagementAndGeneralAmt |
| Fundraising | $409,918 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,980,705 | TotalAmt |
| Program Services | $24,614,905 | ProgramServicesAmt |
| Management And General | $2,366,052 | ManagementAndGeneralAmt |
| Fundraising | $999,748 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,264,593 | TotalAmt |
| Program Services | $1,869,532 | ProgramServicesAmt |
| Management And General | $284,912 | ManagementAndGeneralAmt |
| Fundraising | $110,149 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,221,078 | TotalAmt |
| Program Services | $4,310,255 | ProgramServicesAmt |
| Management And General | $656,873 | ManagementAndGeneralAmt |
| Fundraising | $253,950 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,109,072 | TotalAmt |
| Program Services | $1,741,142 | ProgramServicesAmt |
| Management And General | $265,346 | ManagementAndGeneralAmt |
| Fundraising | $102,584 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,527 | TotalAmt |
| Program Services | $71,821 | ProgramServicesAmt |
| Management And General | $33,706 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,450 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $145,450 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $125,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,788,806 | TotalAmt |
| Program Services | $7,163,331 | ProgramServicesAmt |
| Management And General | $395,897 | ManagementAndGeneralAmt |
| Fundraising | $229,578 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,277 | TotalAmt |
| Program Services | $92,053 | ProgramServicesAmt |
| Management And General | $5,104 | ManagementAndGeneralAmt |
| Fundraising | $120 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,704,907 | TotalAmt |
| Program Services | $1,560,868 | ProgramServicesAmt |
| Management And General | $80,747 | ManagementAndGeneralAmt |
| Fundraising | $63,292 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,264,766 | TotalAmt |
| Program Services | $1,885,619 | ProgramServicesAmt |
| Management And General | $283,970 | ManagementAndGeneralAmt |
| Fundraising | $95,177 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,372 | TotalAmt |
| Program Services | $33,932 | ProgramServicesAmt |
| Management And General | $5,889 | ManagementAndGeneralAmt |
| Fundraising | $551 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,078 | TotalAmt |
| Program Services | $32,701 | ProgramServicesAmt |
| Management And General | $10,537 | ManagementAndGeneralAmt |
| Fundraising | $6,840 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,750 | TotalAmt |
| Program Services | $508,750 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,374,335 | TotalAmt |
| Program Services | $3,642,022 | ProgramServicesAmt |
| Management And General | $548,480 | ManagementAndGeneralAmt |
| Fundraising | $183,833 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,607 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $375,322 | ManagementAndGeneralAmt |
| Fundraising | $285 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Equipment | $341,381 | $310,860 | $28,808 | $1,713 |
| Maintenance | $2,101,820 | $1,668,138 | $345,014 | $88,668 |
| Student Clubs | $187,525 | $187,525 | $0 | $0 |
| Miscellaneous | $1,274,445 | $1,243,684 | $4,272 | $26,489 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,477 | TotalAmt |
| Program Services | $191,206 | ProgramServicesAmt |
| Management And General | $90,251 | ManagementAndGeneralAmt |
| Fundraising | $20 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,408,533 | TotalAmt |
| Program Services | $55,121,749 | ProgramServicesAmt |
| Management And General | $7,713,869 | ManagementAndGeneralAmt |
| Fundraising | $2,572,915 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,283,937 | BOYAmt |
| EOY | $35,716,760 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,855,443 | BOYAmt |
| EOY | $2,250,402 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,430,068 | BOYAmt |
| EOY | $1,583,923 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,953,184 | BOYAmt |
| EOY | $1,635,980 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $224,525,265 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $110,410,597 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,680,341 | BOYAmt |
| EOY | $114,114,668 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,702,627 | BOYAmt |
| EOY | $77,047,766 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,931,663 | BOYAmt |
| EOY | $49,090,341 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,388 | BOYAmt |
| EOY | $10,388 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,847,651 | BOYAmt |
| EOY | $281,450,228 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,912,525 | BOYAmt |
| EOY | $4,513,396 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,094,565 | BOYAmt |
| EOY | $1,772,431 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,572,935 | BOYAmt |
| EOY | $39,485,337 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,597 | BOYAmt |
| EOY | $86,363 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,177,008 | BOYAmt |
| EOY | $3,786,383 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,884,630 | BOYAmt |
| EOY | $49,643,910 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,100,148 | BOYAmt |
| EOY | $93,076,432 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,862,873 | BOYAmt |
| EOY | $138,729,886 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,963,021 | BOYAmt |
| EOY | $231,806,318 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,847,651 | BOYAmt |
| EOY | $281,450,228 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $16,947,946 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,157,658 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $737,693 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $88,333,064 | BeginningYearBalanceAmt |
| Contributions | $3,600,068 | ContributionsAmt |
| Investment Earnings Or Losses | $22,908,027 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,950,019 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,813,254 | OtherExpendituresAmt |
| Administrative Expenses | $125,000 | AdministrativeExpensesAmt |
| End Year Balance | $110,952,886 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,353,355 | BeginningYearBalanceAmt |
| Contributions | $964,724 | ContributionsAmt |
| Investment Earnings Or Losses | $340,938 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,505,323 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,695,630 | OtherExpendituresAmt |
| Administrative Expenses | $125,000 | AdministrativeExpensesAmt |
| End Year Balance | $88,333,064 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $86,552,982 | BeginningYearBalanceAmt |
| Contributions | $2,812,419 | ContributionsAmt |
| Investment Earnings Or Losses | $4,191,380 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,473,147 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,605,279 | OtherExpendituresAmt |
| Administrative Expenses | $125,000 | AdministrativeExpensesAmt |
| End Year Balance | $90,353,355 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,614,985 | BeginningYearBalanceAmt |
| Contributions | $1,435,912 | ContributionsAmt |
| Investment Earnings Or Losses | $5,637,810 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,413,250 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,597,475 | OtherExpendituresAmt |
| Administrative Expenses | $125,000 | AdministrativeExpensesAmt |
| End Year Balance | $86,552,982 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,431,508 | BeginningYearBalanceAmt |
| Contributions | $972,330 | ContributionsAmt |
| Investment Earnings Or Losses | $9,584,419 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,586,845 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,661,427 | OtherExpendituresAmt |
| Administrative Expenses | $125,000 | AdministrativeExpensesAmt |
| End Year Balance | $82,614,985 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $6,776,277 | OtherCostOrOtherBasisAmt |
| Book Value | $6,776,277 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $130,732,578 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,699,688 | DepreciationAmt |
| Book Value | $51,032,890 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $23,733,793 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,928,938 | DepreciationAmt |
| Book Value | $4,804,855 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $63,282,617 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,781,971 | DepreciationAmt |
| Book Value | $51,500,646 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $114,114,668 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (22 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Acadian Global Managed Volatility Equity | $6,080,150 | F |
| ArcLight Energy Partners VI | $1,332,309 | F |
| ArcLight Energy Partners VII | $451,306 | F |
| Arrowgrass International Fund Ltd | $534,350 | F |
| Coatue Growth Fund V | $1,129,049 | F |
| Columbia Capital Equity Partners VI (QP) LP | $1,759,728 | F |
| EnCap Energy Cap Fund XI LP | $642,034 | F |
| HIG Advantage Buyout Fund | $683,274 | F |
| Henderson Park Real Estate Fund I | $2,525,860 | F |
| Marathon Distressed Credit (Europe) Fund | $588,925 | F |
| MB Special Opportunities Fund II | $586,721 | F |
| Oak Hill Capital Partners IV | $1,527,966 | F |
| Oak Hill Capital Partners V | $694,936 | F |
| Oak Hill Strategic Capital Credit Fund II | $1,689,966 | F |
| Paloma International Limited | $2,491,123 | F |
| Parametric Defensive Equity Fund LLC | $6,294,637 | F |
| Rimrock High Income Plus (Cayman) Fund Ltd | $2,252,155 | F |
| Walton Street RE Fund VIII LP | $901,362 | F |
| Warburg Pincus Global Growth LP | $1,471,584 | F |
| Warburg Pincus Private Equity XII LP | $2,539,325 | F |
| WCP Real Estate Fund IV LP | $1,136,960 | F |
| BNY Mellon - 2020 Bond Proceeds | $11,776,621 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $49,090,341 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Gift Annuities | $301,839 |
| Asset Retirement Obligation | $1,571,575 |
| Accrued Expenses & Other Liabilities | $1,912,969 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,786,383 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $96,982,453 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $20,157,657 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $20,157,657 | RevenueNotReportedAmt |
| Revenue Subtotal | $76,824,796 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,531,683 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,531,683 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $82,356,479 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $61,415,127 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $61,415,127 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,993,406 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,993,406 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $65,408,533 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1 | The University holds a historical collection with an approximate value of $1,200,000 that has not been capitalized as any proceeds from the sales of items would be reinvested in the collection. |
| Schedule D, Part III, Line 4 | Since 1973, GMI and Kettering University have assisted in creating one of the largest automotive archives in the country that attracts researchers from around the globe. They assisted the University in receiving the Charles Kettering Collection, which attracts many researchers, with its hundreds of patents and documents related to the gasoline, Freon, jet fuel, and fast drying paint, to name only a few subject areas. The Frigidaire Collection, another General Motors division, showcases the advancement of refrigeration in the 20th century and highlights the advancement of technology in the home. Additionally, alumni have assisted the University in obtaining the photograph collection of AC Spark Plug, with an estimated collection of 40,000 negatives. |
| Schedule D, Part V, Line 4 | The Kettering University Endowment Fund is used for a variety of purposes, including student scholarships, instructional chairs, and support of specific programs. |
| Schedule D, Part XI, Line 4b | Grant and scholarship assistance of $3,993,405 netted with tuition revenue in audited financial statements, plus realized gain on investments of $1,538,278. |
| Schedule D, Part XII, Line 4b | Grants and Scholarships expense netted with tuition revenue of $3,993,405; rounding $1. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | In public relations releases and interviews with the media, the policy of non-discrimination is made clear. All published recruiting materials for both students and employees carry a statement which declares the institution's policy of non-discrimination. |
| Schedule E, Part I, Line 6 | Kettering University receives multiple federal and state grants. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $8,096,643 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | $3,114,785 | |
| Europe (including Iceland and Greenland) | 0 | 1 | Program Services | $28,225 | Online Instructor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Spent | $11,239,653 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| SEOG Financial Aid | 163 | $305,437 | $0 |
| Donor Restricted Annual Scholarship | 112 | $1,737,949 | $0 |
| Endowed Scholarships | 632 | $1,950,019 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Scholarships are given to individuals based on need and merit to aid with tuition and fees. Scholarships are a reduction of tuition and fees and provided directly by the university. Records are maintained for eligibility and the selection criteria. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Robert K McMahan | ||||||||||||||
| President | $570,830 | $0 | $100,000 | $0 | $46,213 | $0 | $75,650 | $0 | $28,259 | $0 | $820,952 | $0 | $0 | $0 |
| James Zhang | ||||||||||||||
| Provost | $264,278 | $0 | $25,000 | $0 | $3,582 | $0 | $24,376 | $0 | $20,491 | $0 | $337,727 | $0 | $0 | $0 |
| Thomas W Ayers | ||||||||||||||
| Treasurer | $246,731 | $0 | $25,000 | $0 | $5,389 | $0 | $22,888 | $0 | $21,110 | $0 | $321,118 | $0 | $0 | $0 |
| Donald Rockwell | ||||||||||||||
| University Counsel | $164,296 | $0 | $0 | $0 | $2,620 | $0 | $14,515 | $0 | $12,530 | $0 | $193,961 | $0 | $0 | $0 |
| Susan Davies | ||||||||||||||
| VP University Advancement & External Relations | $227,664 | $0 | $15,000 | $0 | $11,445 | $0 | $21,139 | $0 | $20,664 | $0 | $295,912 | $0 | $0 | $0 |
| Cornelius Darcy | ||||||||||||||
| VP Marketing, Communication & Enrollment | $224,219 | $0 | $10,000 | $0 | $4,447 | $0 | $20,562 | $0 | $18,561 | $0 | $277,789 | $0 | $0 | $0 |
| Christine Wallace | ||||||||||||||
| Vice President Kettering Global | $178,362 | $0 | $33,500 | $0 | $5,297 | $0 | $16,544 | $0 | $18,934 | $0 | $252,637 | $0 | $0 | $0 |
| LB McCune | ||||||||||||||
| VP Student Affairs | $141,201 | $0 | $15,000 | $0 | $8,547 | $0 | $13,085 | $0 | $15,246 | $0 | $193,079 | $0 | $0 | $0 |
| Kathryn Svinarich | ||||||||||||||
| Associate Provost | $201,820 | $0 | $0 | $0 | $2,564 | $0 | $18,225 | $0 | $2,413 | $0 | $225,022 | $0 | $0 | $0 |
| Craig Hoff | ||||||||||||||
| Dean of College of Engineering | $184,773 | $0 | $0 | $0 | $2,566 | $0 | $17,447 | $0 | $23,815 | $0 | $228,601 | $0 | $0 | $0 |
| Bassem Ramadan | ||||||||||||||
| Department Head - Mechanical Engineering | $156,416 | $0 | $0 | $0 | $1,305 | $0 | $14,141 | $0 | $7,459 | $0 | $179,321 | $0 | $0 | $0 |
| Mehrdad Zadeh | ||||||||||||||
| Associate Professor Electrical & Computer Eng | $157,020 | $0 | $0 | $0 | $1,475 | $0 | $11,532 | $0 | $30,563 | $0 | $200,590 | $0 | $0 | $0 |
| Jane Homsher | ||||||||||||||
| Special Assistant to the President | $151,641 | $0 | $0 | $0 | $3,575 | $0 | $14,031 | $0 | $10,794 | $0 | $180,041 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | Residence is provided to the President in which he is required by the Board of Trustees to reside as a condition of employment. |
| Schedule J, Part I, Line 4 | President McMahan participates in a deferred compensation plan, upon which payment is contingent on meeting contractual conditions authorized by the Board of Trustees. This deferred compensation is reported on Schedule J Part II line 1 column C. |
| Schedule J, Part I, Line 7 | Performance bonuses paid to employees listed in Schedule J, Part II, Column B(ii). |
| Schedule J, Part II | Amount shown is performance based bonus paid to President Robert K. McMahan as solely determined by the Board of Trustees. Schedule J, Part II, Line 1, Column C - Amount shown includes $50,000 allowance for deferred compensation that will not be received by President Robert K. McMahan until a future year, contingent on contractual conditions authorized by the Board of Trustees being met. Schedule J, Part II, Line 1, Column D - $36,515 representing the estimated benefit value of the President's House in which the President is required by the Board of Trustees to reside as a condition of employment and is required to be reported as a non-taxable benefit on this schedule. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michigan Finance Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 800596186 | BondIssuerEIN |
| CUSIP | 594479FQ5 | CUSIPNum |
| Bond Issued | 2020-06-30 | BondIssuedDt |
| Issue Price | $40,002,602 | IssuePriceAmt |
| Purpose | Provide funds to refund a prior issue; capital projects | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $16,485,000 | BondDefeasedAmt |
| Total Proceeds | $40,002,602 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $1,583,633 | CapitalizedInterestAmt |
| Refunding Escrow | $14,973,410 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $429,667 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $1,857,084 | OtherSpentProceedsAmt |
| Unspent | $23,016,031 | UnspentAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0 | TotalPrivateBusinessUsePct |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,155,077 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Equipment | 1 | $48,000 | FMV |
| Yes (X) | Software | 1 | $2,124,800 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | Kettering University reviews the completed Form 990 with the Committee for Audit and Compliance and provides an electronic copy to all Board of Trustee members prior to filing with the IRS. |
| Form 990, Part VI, Section B, Line 12c | The Conflict of Interest and Conflict of Commitment disclosures form is required to be completed by all full-time employees and trustees annually and then subsequently updated when a change occurs relative to the information most recently provided. Completed disclosure forms submitted by faculty and staff are reviewed by Human Resources and trustees by the President's Office. |
| Form 990, Part VI, Section B, Line 15 | The Board of Trustees hired a search firm to conduct the Presidential search. Benchmarking and market data was used to determine the compensation package offered and contract renewals. All increases to compensation are reviewed and approved by the Executive Committee and the Board of Trustees. |
| Form 990, Part VI, Section C, Line 19 | Kettering University's governing documents and conflict of interest policy (code of ethics) are available for public inspection in the Office of Administration and Finance. |
| Form 990, Part IX, Line 11g | Contracted Services $5,415,010; Kettering University online service firm $2,250,532; Miscellaneous $123,264. |
| Form 990, Part XI, Line 9 | Change in fair value - beneficial interest trusts. |