MACMURRAY COLLEGE: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MACMURRAY COLLEGE (EIN 37-0661217)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2021-04-15
- IRS object ID
- 202101059349301665
- Schema version
- 2019v5.2
- 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 I
- Schedule J
- Schedule N
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-15T13:39:55-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363168081 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIKICH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3201 W WHITE OAKS DR STE 102 | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370661217 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MACMURRAY COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MACM | BusinessNameControlTxt |
| Phone | 2174797022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 447 EAST COLLEGE AVE | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62650 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN NICOLAY | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 2174797022 | PhoneNum |
| Signature | 2021-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JILL M BOYLE CPA | PreparerPersonNm |
| PTIN | P01246734 | PTIN |
| Phone | 2177933363 | PhoneNum |
| Preparation | 2021-04-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Principal Officer | ROBIN WEEMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 447 EAST COLLEGE AVE | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62650 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,412,008 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MAC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1863 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE A DIVERSE STUDENT POPULATION. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 333 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,796,268 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,257,858 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,486,479 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $16,932,575 | CYProgramServiceRevenueAmt |
| PY Investment Income | $711,589 | PYInvestmentIncomeAmt |
| CY Investment Income | -$12,394,589 | CYInvestmentIncomeAmt |
| PY Other Revenue | $370,509 | PYOtherRevenueAmt |
| CY Other Revenue | $227,193 | CYOtherRevenueAmt |
| PY Total Revenue | $19,364,845 | PYTotalRevenueAmt |
| CY Total Revenue | $7,023,037 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,381,565 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,009,466 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,734,302 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,680,371 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $329,538 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,120,400 | PYOtherExpensesAmt |
| CY Other Expenses | $7,448,056 | CYOtherExpensesAmt |
| PY Total Expenses | $22,236,267 | PYTotalExpensesAmt |
| CY Total Expenses | $23,137,893 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,871,422 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$16,114,856 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $32,597,134 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,486,968 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $19,110,166 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Mission | MACMURRAY COLLEGE TRANSFORMS STUDENTS' LIVES BY PROVIDING A CAREER-DIRECTED LIBERAL ARTS EDUCATION, PREPARING STUDENTS FOR PERSONAL AND PROFESSIONAL SUCCESS AND LIFE-LONG LEARNING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,655,772 | ExpenseAmt |
| Grant | $8,009,466 | GrantAmt |
| Revenue | $13,768,582 | RevenueAmt |
| Desc | EDUCATION AND TRAINING OF STUDENTS - PROVIDED FACILITIES AND RESOURCES TO STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,037,067 | ExpenseAmt |
| Revenue | $3,391,186 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES - PROVIDED LIVING AND EATING FACILITIES AND SERVICE TO ENHANCE THE STUDENTS EDUCATIONAL EXPERIENCE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $18,692,839 | 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 | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | 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 | 0 | TaxExemptBondsInd |
| 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 | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | Yes (1) | 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 | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 333 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2174797022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 447 EAST COLLEGE AVE | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62650 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DR BEVERLY RODGERS | ||||||
| PROVOST/INTERIM PRESIDENT | 37.50 | Yes (X) | Yes (X) | $161,536 | $0 | $17,456 |
| KIMBERLY STREIB | ||||||
| VICE PRESIDENT | 37.50 | Yes (X) | $158,332 | $0 | $10,960 | |
| MARK TIERNO | ||||||
| PRESIDENT/BOARD | 37.50 | Yes (X) | Yes (X) | $129,651 | $0 | $16,539 |
| MR JOHN NICOLAY 90 | ||||||
| BOARD-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR BOB CLARY 80 | ||||||
| BOARD-VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR JOHN BLYTHE 74 | ||||||
| BOARD-TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MS KATHLEEN KATIE PETRIKIN 77 | ||||||
| BOARD-SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MS LISA SAPPENFIELD BOYER | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR JOHN COX | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR JEFFREY DAVIDSMEYER 85 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR ERNEST C DOWNEY | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR DAVID EKIN 77 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV DR BETH FENDER 91 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS LISA GILMORE '97 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR JUDITH DOZIER HACKMAN 63 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR JAMES HINCHEN | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV DR DONALD JACKSON | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR CHARLES OCONNELL 69 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS CATHERINE RANDALL 69 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR JAMES RAYBURN 71 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS TAMMY DUGAN ROBBINS 90 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR MICHAEL ROYER 91 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MARK SANDERS | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS KATHRYN KATIE THOMSON | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS DEBBIE TRUEBLOOD 99 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR JOHN AUSTIN VAN HOOK 64 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR AMY MARTIN WASCHULL 95 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS SANDRA M WATSON 72 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR CHUCK WUENSCH 81 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MICHAEL ZELLMANN 89 | ||||||
| BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $449,519 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $44,955 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | 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 | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NATIONAL MANAGEMENT RESOURCES | |||||
| 113 CORPORATE PARK EAST | LAGRANGE | GA | 30240 | MAINTENANCE, CUSTODIAL | $982,469 |
| CHARTWELLS DINING SERVICES | |||||
| 2 INTERNATIONAL DRIVE | RYE BROOK | NY | 10573 | FOOD SERVICE | $807,636 |
| SYNERGY SECURITY | |||||
| 113 CORPORATE PARK EAST | LAGRANGE | GA | 30240 | SECURITY SERVICES | $157,374 |
| RD LAWRENCE | |||||
| 603 N AMOS AVE | SPRINGFIELD | IL | 62702 | CONSTRUCTION | $137,781 |
| AGB SEARCH LLC | |||||
| 1133 20TH ST NW | WASHINGTON | DC | 20036 | CONSULTING | $124,553 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $52,533 | GovernmentGrantsAmt |
| All Other Contributions | $2,205,325 | AllOtherContributionsAmt |
| Total Contributions | $2,257,858 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $13,541,389 | $13,541,389 |
| SALES & SERVICE AUXILIARY ENTERPR | 900099 | $3,391,186 | $3,391,186 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $16,932,575 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $807,900 | TotalRevenueColumnAmt |
| Exclusion | $807,900 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $167,317 | SecuritiesAmt |
| Other | $2,019,165 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $15,388,971 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $167,317 | SecuritiesAmt |
| Other | -$13,369,806 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,202,489 | TotalRevenueColumnAmt |
| Exclusion | -$13,202,489 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $227,193 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $227,193 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $227,193 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,023,037 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,159,768 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$12,394,589 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,009,466 | TotalAmt |
| Program Services | $8,009,466 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,606 | TotalAmt |
| Management And General | $423,606 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,847,441 | TotalAmt |
| Program Services | $4,251,973 | ProgramServicesAmt |
| Management And General | $1,409,815 | ManagementAndGeneralAmt |
| Fundraising | $185,653 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,409,324 | TotalAmt |
| Program Services | $924,595 | ProgramServicesAmt |
| Management And General | $448,003 | ManagementAndGeneralAmt |
| Fundraising | $36,726 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,216,265 | TotalAmt |
| Program Services | $1,422,683 | ProgramServicesAmt |
| Management And General | $752,711 | ManagementAndGeneralAmt |
| Fundraising | $40,871 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,849 | TotalAmt |
| Program Services | $35,700 | ProgramServicesAmt |
| Management And General | $88,149 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,628 | TotalAmt |
| Program Services | $64,622 | ProgramServicesAmt |
| Management And General | $87,816 | ManagementAndGeneralAmt |
| Fundraising | $5,190 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,958 | TotalAmt |
| Program Services | $84,958 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $521,138 | TotalAmt |
| Program Services | $521,138 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,011 | TotalAmt |
| Program Services | $168,316 | ProgramServicesAmt |
| Management And General | $20,234 | ManagementAndGeneralAmt |
| Fundraising | $461 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,513 | TotalAmt |
| Program Services | $13,029 | ProgramServicesAmt |
| Management And General | $5,484 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,091 | TotalAmt |
| Program Services | $339,091 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $888,072 | TotalAmt |
| Program Services | $888,072 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,173 | TotalAmt |
| Program Services | $275,173 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT PROGRAMS | $1,037,884 | $891,120 | $88,387 | $58,377 |
| EQUIPMENT AND MAINTENAN | $687,671 | $653,382 | $33,409 | $880 |
| BAD DEBT EXPENSE | $660,863 | $660,863 | ||
| DUES AND MEMBERSHIP | $157,752 | $115,761 | $40,961 | $1,030 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,188 | TotalAmt |
| Program Services | $33,760 | ProgramServicesAmt |
| Management And General | $56,078 | ManagementAndGeneralAmt |
| Fundraising | $350 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,137,893 | TotalAmt |
| Program Services | $18,692,839 | ProgramServicesAmt |
| Management And General | $4,115,516 | ManagementAndGeneralAmt |
| Fundraising | $329,538 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,218,648 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,793 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,500 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,343,161 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,143 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,148 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,030,508 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,872 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,374,014 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,347 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,597,134 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $817,209 | BOYAmt |
| EOY | $0 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,760,942 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,193 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,411,208 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $340,416 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,486,968 | BOYAmt |
| EOY | $0 | 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 | -$535,435 | BOYAmt |
| EOY | $0 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,645,601 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,110,166 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,597,134 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$16,114,856 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,995,310 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,143,808 | BeginningYearBalanceAmt |
| Other Expenditures | $20,143,808 | OtherExpendituresAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,825,012 | BeginningYearBalanceAmt |
| Contributions | $283,492 | ContributionsAmt |
| Investment Earnings Or Losses | $162,319 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $127,015 | OtherExpendituresAmt |
| End Year Balance | $20,143,808 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,321,004 | BeginningYearBalanceAmt |
| Contributions | $208,170 | ContributionsAmt |
| Investment Earnings Or Losses | $1,330,736 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,034,898 | OtherExpendituresAmt |
| End Year Balance | $19,825,012 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,177,483 | BeginningYearBalanceAmt |
| Contributions | $216,146 | ContributionsAmt |
| Investment Earnings Or Losses | $1,679,809 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,752,434 | OtherExpendituresAmt |
| End Year Balance | $19,321,004 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,202,760 | BeginningYearBalanceAmt |
| Contributions | $1,019,548 | ContributionsAmt |
| Investment Earnings Or Losses | -$44,825 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $19,177,483 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
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 | ALL RECRUITING PUBLICATIONS, OUR CATALOG AND ALL OUR ADVERTISEMENTS CONTAIN A SUMMARY STATEMENT OF THE NON-DESCRIMINATION POLICY. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVED VARIOUS GOVERNMENT GRANTS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 500 | RecipientCnt |
| Cash Grant | $8,009,466 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE DIRECTOR OF FINANCIAL AID REVIEWS EACH ENDOWMENT SCHOLARSHIP AWARD CRITERIA AND AWARDS SCHOLARSHIPS BASED ON DONOR INTENT. MERIT SCHOLARSHIPS ARE AWARDED BY THE DIRECTOR OF FINANCIAL AID BASED ON A REVIEW OF THE ACT SCORES AND INCOMING GPA. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR BEVERLY RODGERS | ||||||||||||||
| PROVOST/INTERIM PRESIDENT | $161,536 | $0 | $0 | $0 | $0 | $0 | $6,226 | $0 | $11,230 | $0 | $178,992 | $0 | $0 | $0 |
| KIMBERLY STREIB | ||||||||||||||
| VICE PRESIDENT | $158,332 | $0 | $0 | $0 | $0 | $0 | $6,533 | $0 | $4,427 | $0 | $169,292 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT IS FURNISHED AN ON CAMPUS RESIDENCE |
| PART I, LINE 3 | THE CHAIR OF THE BOARD PROVIDES THE EXECUTIVE COMMITTEE WITH HIS/HER ANALYSIS OF THE PRESIDENT'S PERFORMANCE ADN ASKS FOR FURTHER FEEDBACK AND PERFORMANCE RELATED OCMMENTS DURING AN EXECUTIVE SESSION WITHOUT THE PRESIDENT PRESENT. THE PRESIDENT IS ASKED TO PROVIDE THE CHAIR OF THE BOARD WITH A DETAILED SELF EVALUATION, WITH HIGHLIGHTED AREAS OF CONCERN SHARED WITH THE FULL BOARD. BASED ON PERFORMANCE EVALUATION, CURRENT COMPENSATION AND COMPARISON TO SIMILAR POSITIONS OF THE LIKE SIZED COLLEGES LOCATED IN THE MIDWEST, ANNUAL COMPENSATION DECISIONS ARE MADE AND THE BOARD APPROVES. THE PROCESS FOR DETERMINATION OF COMPENSATION FOR KEY PERSONNEL INCLUDES A SURVEY OF SALRIES OF SIMILAR COLLEGES IN THE MIDWEST AND THROUGH USE OF CUPA-HR SALARY SURVEY INFORMATION (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES). THIS IS A NATIONAL ORGANIZATION WITH REGIONAL CHAPTERS THAT COLLECT WAGE AND WALARY INFORMATION THROUGH SURVEYS. THIS INFORMATION IS PROVIDED TO THE PRESIDENT AND APPROPRIATE VICE PRESIDENTS BY THE WAGE AND BENEFIT COORDINATOR. ALL RECOMMENDATIONS OF THE VICE PRESIDENTS ARE APPROVED BY THE PRESIDENT OF THE COLLEGE. |
Schedule N IRS990ScheduleN
Liquidation Of Assets Table LiquidationOfAssetsTableGrp
Liquidation Of Assets Detail LiquidationOfAssetsDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Distri Or Expnss Paid | VARIOUS REMAINING ASSETS DISTRIBUTED IN TERMINATION | AssetsDistriOrExpnssPaidDesc |
| Distribution | 2020-05-31 | DistributionDt |
| Fair Market Value Of Asset | $2,955,869 | FairMarketValueOfAssetAmt |
| Method Of FMV Determination | CASH | MethodOfFMVDeterminationTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | 0 | DirectorOfSuccessorInd |
| Employee Of Successor | 0 | EmployeeOfSuccessorInd |
| Owner Of Successor | 0 | OwnerOfSuccessorInd |
| Receive Compensation | 0 | ReceiveCompensationInd |
| Assets Distributed | Yes (1) | AssetsDistributedInd |
| Required To Notify AG | Yes (1) | RequiredToNotifyAGInd |
| Attorney General Notified | Yes (1) | AttorneyGeneralNotifiedInd |
| Liabilities Paid | Yes (1) | LiabilitiesPaidInd |
| Bonds Outstanding | Yes (1) | BondsOutstandingInd |
| Bond Liabilities Discharged | Yes (1) | BondLiabilitiesDischargedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 6C: | FormAndLineReferenceDesc |
| Explanation | BANK CEASED FUNDS FROM INVESTMENT ACCOUNTS | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS EMAILED TO EACH MEMBER OF THE BUSINESS AFFAIRS COMMITTEE. FOLLOWING THEIR APPROVAL OF THE FORM 990, THE FULL BOARD IS EMIALED THE FORM WITH A REQUEST FOR QUESTIONS OR COMMENTS PRIOR TO FILING. NO RESPONSE IS AN INDICATION OF APPROVAL OF THE COMPLETED FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS AND EMPLOYEES MUST SIGN A CONFLICT OF INTEREST AGREEMENT. FULL AND TIMELY DISCLOSURE OF POTENTIAL OR ACTUAL CONFLICTS IS EXPECTED OF EACH EMPLOYEE AND OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CHAIR OF THE BOARD PROVIDES THE EXECUTIVE COMMITTEE WITH HIS/HER ANALYSIS OF THE PRESIDENT'S PERFORMANCE AND ASKS FOR FURTHER FEEDBACK AND PERFORMANCE RELATED COMMENTS DURING AN EXECUTIVE SESSION WITHOUT THE PRESIDENT PRESENT. THE PRESIDENT IS ASKED TO PROVIDDE THE CHAIR OF THE BOARD WITH A DETAILED SELF-EVALUATION, WITH HIGHLIGHTS AND AREAS OF CONCERN SHARED WITH THE FULL BOARD. BASED ON PERFORMANCE EVALUATION, CURRENT COMPENSATION AND COMPARISON TO SIMILAR POSITIONS OF LIKE SIZED COLLEGES LOCATED IN THE MIDWEST, ANNUAL COMPENSATION DECISIONS ARE MADE AND THE BOARD APPROVES. THE PROCESS FOR DETERMINATION OF COMPENSATION FOR KEY PERSONNEL INCLDES A SURVEY OF SALARIES OF SIMILAR COLLEGES IN THE MIDWEST AND THROUGH USE OF CUPA-HR SALARY SURVEY INFORMATION. THIS IS A NATIONAL ORGANIZATION WITH REGIONAL CHAPTERS THAT COLLECT WAGE AND SALARY INFORMATION THROUGH SURVEYS. THIS INFORMATION IS PROVIDED TO THE PRESIDENT AND APPROPRIATE VICE PRESIDENTS BY THE WAGE AND BENEFIT COORDINATOR. ALL RECCOMENDATIONS OF THE VICE PRESIDENTS ARE APPROVED BY THE PRESIDENT OF THE COLLEGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE UPON REQUEST AT THE BUSINES OFFICE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST -39,446. ORGANIZATION TERMINATION -2,955,864. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE TAXPAYER FAILED TO FILE AN EXTENSION AND IS THUS LATE IN FILING FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX.AS WILL BE FURTHER EXPLAINED BELOW, WE DO NOT BELIEVE THAT ANY PENALTY SHOULD BE ASSESSED TO THE TAXPAYER AS THE LATE FILING WAS NOT A RESULT OF WILLFUL NEGLECT, AND ASSESSING THIS PENALTY WOULD IMPOSE UNDUE HARDSHIP ON MACMURRAY COLLEGE. AS PROVIDED UNDER IRC SECTION 6652(C)(4), NO PENALTY WILL BE IMPOSED FOR LATE FILING IF THE TAXPAYER CAN DEMONSTRATE REASONABLE CAUSE AS TO HOW THE LATE FILING OCCURED. THE FOLLOWING STATEMENT OF REASONABLE CAUSE IS PRESENTED TO JUSTIFY THE POSITION THAT NO PENALTIES SHOULD BE ASSESSED IN THIS SITUATION FOR THE LATE FILING OF THE FORM 990.DURING 2019/2020, MACMURRAY COLLEGE WAS IN THE PROCESS OF CLOSING, THERE WAS CONFUSION IN REGARDS TO THE DUTIES OF FILING THE FORM 990 EXTENSION.AS MENTIONED ABOVE, THE LATE FILING WAS CAUSED BY AN ADMINISTRATIVE OVERSIGHT DUE TO THE TERMINATION OF THE ORGANIZATION. THE COLLEGE HAS TIMELY FILED ALL PRIOR RETURNS.WE RESPECTFULLY REQUEST THAT YOU REMOVE THE LATE FILING PENALTY AS IT WAS NOT AN ACT OF DELIBERATE LATE FILING BUT WAS A MERE ADMINISTRATIVE OVERSIGHT. | ExplanationTxt |