2021-05-17T14:06:11-05:00 2020-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 WEST BROADWAY SUITE 100 COLUMBIA MO 65203 990 2019-07-01 430652617 WESTMINSTER COLLEGE WEST 5735925225 501 WESTMINSTER AVENUE FULTON MO 65251 JENNIFER YELTON AVP OF BUSINESS AND CONTROLLER 5735925225 2021-05-04 1 RYAN HENRY P01749573 5734426171 2019 2022-09-23 18:48:47Z DR FLETCHER LAMKIN 501 WESTMINSTER AVENUE FULTON MO 65251 50101928 0 X WWW.WESTMINSTER-MO.EDU X 1851 MO FOUR-YEAR, UNDERGRADUATE LIBERAL ARTS COLLEGE. 29 29 594 37 0 0 7396468 8959870 18576702 18039666 2717449 -46301 4424652 3306893 33115271 30260128 11206489 10806304 0 0 10650258 10501756 0 0 240383 11029521 11002815 32886268 32310875 229003 -2050747 90830181 90674045 13499366 15313648 77330815 75360397 X IT SHALL BE THE MISSION OF WESTMINSTER COLLEGE TO EDUCATE AND INSPIRE ALL ITS STUDENTS THROUGH A DISTINCTIVE LIBERAL ARTS CURRICULUM AND A DYNAMIC DEVELOPMENTAL EXPERIENCE; TO CHALLENGE THEM TO BE CRITICALLY AWARE, LIFE-LONG LEARNERS AND LEADERS OF CHARACTER, COMMITTED TO THE VALUES OF INTEGRITY, FAIRNESS, RESPECT, AND RESPONSIBILITY; AND TO PREPARE THEM FOR LIVES OF SUCCESS, SIGNIFICANCE AND SERVICE. 0 0 7411299 7617684 INSTRUCTIONAL - ACADEMIC DEPARTMENTS FOR CLASSROOM INSTRUCTION. NUMBER BENEFITED - SERVED 658 STUDENTS FALL 2019 AND 591 STUDENTS SPRING 2020 10421982 10421982 10421982 SCHOLARSHIPS - FINANCIAL AID PROVIDED TO STUDENTS ON BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. NUMBER BENEFITED - 648 4664253 STUDENT SERVICES - EXPENSES RELATING TO DEAN OF STUDENT LIFE, ADMISSIONS, GUIDANCE, PLACEMENT, CHAPLIN, FINANCIAL AID, AND INTERCOLLEGIATE ATHLETICS. NUMBER BENEFITED - SERVED 658 STUDENTS FALL 2019 AND 591 STUDENTS SPRING 2020 3831474 384322 2448053 AUXILIARY OPERATIONS- RESIDENCE HALLS, BOOK STORE, DINING HALL. 3831474 384322 2448053 26329008 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 121 0 1 594 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JENNIFER YELTON 5735925225 501 WESTMINSTER AVE FULTON MO 65251 DONALD P LOFE JR CHAIR OF THE BOARD 5.00 X X 0 0 0 PHILIP J BOECKMAN VICE CHAIR OF THE BOARD 5.00 X X 0 0 0 JAMES C MORTON TREASURER 5.00 X X 0 0 0 BARBARA ABSHER TRUSTEE 0.50 X 0 0 0 BROCK AYERS TRUSTEE 0.50 X 0 0 0 JOHN T BAUMSTARK TRUSTEE 0.50 X 0 0 0 JAMES F BENNETT TRUSTEE 0.50 X 0 0 0 BRUCE K BROOKBY TRUSTEE 0.50 X 0 0 0 NATALIE L CORRIGAN TRUSTEE 0.50 X 0 0 0 WILLIAM D DANIELS TRUSTEE 0.50 X 0 0 0 PAUL J DAVIS TRUSTEE 0.50 X 0 0 0 NICHOLAS R DIEFENBACH TRUSTEE 0.50 X 0 0 0 WARREN K ERDMAN TRUSTEE 0.50 X 0 0 0 BARRETT F HOUSKA TRUSTEE 0.50 X 0 0 0 ELIZABETH HUMPHREYS TRUSTEE 0.50 X 0 0 0 DAVID M JACKSON TRUSTEE 0.50 X 0 0 0 G ROBERT MUEHLHAUSER TRUSTEE 0.50 X 0 0 0 KENT C MUELLER TRUSTEE 0.50 X 0 0 0 KENNETH H MURER TRUSTEE 0.50 X 0 0 0 HAROLD B OAKLEY TRUSTEE 0.50 X 0 0 0 JEFFREY A OWENS TRUSTEE 0.50 X 0 0 0 J CHRISTOPHER PANETTIERE TRUSTEE 0.50 X 0 0 0 NEAL F PERRYMAN TRUSTEE 0.50 X 0 0 0 ROBERT W PRICE JR TRUSTEE 0.50 X 0 0 0 LOUIS W RIGGS TRUSTEE 0.50 X 0 0 0 L KENTON THEROFF TRUSTEE 0.50 X 0 0 0 FRANKLIN P TURNER TRUSTEE 0.50 X 0 0 0 OLIVIA G WILSON TRUSTEE 0.50 X 0 0 0 LANA A ZERRER TRUSTEE 0.50 X 0 0 0 FLETCHER LAMPKIN PRESIDENT OF THE COLLEGE 40.00 X 291060 0 6913 AMY LOWE INTERIM SECRETARY 40.00 X 34440 0 19694 SUSAN LINDAHL VP OF BUSINESS AND CFO 40.00 X 25462 0 70 DAVID ROEBUCK VP FOR ACADEMIC AFFAIRS & DEAN OF FACULTY 40.00 X 185000 0 835 535962 0 27512 2 0 1 0 FRESH IDEAS 3220 VANDIVER DRIVE COLUMBIA MO 65202 FOOD SERVICE 985992 FIRST AMERICAN EQUIPMENT FINANCE 1801 W OLYMPIC BLVD PASADENA CA 91199 FINANCIAL SERVICES 501045 WFF FACILITY SERVICES 211 S JEFFERSON AVE ST LOUIS MO 63103 CUSTODIAL SERVICES 400417 MICHAEL EVREUX PO BOX 6262 CHESTERFIELD MO 63006 CONSTRUCTION SERVICES 272234 TRUESCAPE LANDSCAPING LLC 510 GAYLORD DRIVE FULTON MO 65251 LANDSCAPING SERVICES 241574 11 832794 8127076 116729 8959870 TUITION, FEES, RELATED PROGRAMS 900099 18039666 18039666 18039666 941171 941171 70787 70787 4749 0 4749 4749 4749 18508412 339305 19574438 260751 -1066026 78554 -987472 -987472 22976 6611 16365 16365 AUXILIARY SERVICES 900099 2448053 2448053 OTHER INCOME 900099 766939 766939 3214992 30260128 20487719 0 812539 10806304 10806304 364522 364522 8774718 6915515 1711602 147601 1362516 1117985 222883 21648 74689 74689 121507 121507 109746 109746 1798338 1050915 746388 1035 83625 13721 69904 519276 271104 239191 8981 1187751 164270 975240 48241 2365472 2143420 222052 370766 350155 19977 634 56194 36347 19847 509394 509394 2094935 1886655 208280 444869 196546 248323 OTHER EXPENSES 741852 498920 230789 12143 SPECIAL PROJECTS 380974 330191 50683 100 DUES & SUBSCRIPTIONS 85905 37566 48339 0 BAD DEBT 57522 0 57522 0 32310875 26329008 5741484 240383 1047952 1712292 1700046 899824 360084 405868 26078 33428 341207 435357 89543915 51728287 39114953 37815628 42748012 43847941 1960503 2035829 3531346 3487878 90830181 90674045 1668499 2254270 80873 134501 10903235 10446391 0 1812700 846759 665786 13499366 15313648 X 20766717 22400287 56564098 52960110 77330815 75360397 90830181 90674045 X -2050747 87841 -7512 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 288195 X X X X X EDUCATE STUDENTS AT THE SCHOOL 0 51969227 5108194 269730 741242 621974 4106326 51877609 51800600 3022819 2581046 530972 465435 4438831 51969227 50049164 4914276 3424236 533340 315654 5738082 51800600 49954617 1347886 4391154 781068 580267 4283158 50049164 56598223 2872561 -645807 1092251 983625 6794484 49954617 0.09480 0.75170 0.15350 0 0 3318000 1907181 5225181 73382502 42497798 30884704 9750598 9230489 520109 1185634 1185634 37815628 STUDENT DEPOSITS 178240 DEPOSITS HELD FOR OTHERS 2176 ANNUITIES PAYABLE 246187 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 239183 665786 X 19815207 87841 6611 94452 19720755 109746 10429627 10539373 30260128 21785625 6611 6611 21779014 109746 10422115 10531861 32310875 PART II, LINE 9: THE NATIONAL CHURCHILL MUSEUM LOCATED AT WESTMINSTER COLLEGE IS A CERTIFIED HISTORIC STRUCTURE. GIFTS RECEIVED FROM DONORS TO SUPPORT THE MEMORIAL ARE REPORTED AS CONTRIBUTION REVENUE. EXPENSES RELATING TO THE MEMORIAL ARE REPORTED AS PROGRAM EXPENSES (ACADEMIC SUPPORT). PART III, LINE 4: MISSON: THE NATIONAL CHURCHILL MUSEUM, ON THE CAMPUS OF WESTMINSTER COLLEGE, COMMEMORATES AND CELEBRATES THE LIFE, TIMES, AND DISTINGUISHED CAREER OF SIR WINSTON CHURCHILL AND INSPIRES CURRENT AND FUTURE LEADERS BY HIS EXAMPLE OF RESILIENCE, DETERMINATION, AND RESOLUTION. THE MUSEUM FULFILLS ITS MISSION BY: - MAINTAINING AND EVOLVING THE MUSEUM AS A SYMBOL OF CHURCHILL?S LEADERSHIP AND PRINCIPLES, - BUILDING AND PRESERVING THE COLLECTIONS ABOUT CHURCHILL AND CHRISTOPHER WREN, - CONTRIBUTING TO CULTURAL ENRICHMENT THROUGH EXHIBITIONS AND EDUCATIONAL PROGRAMS, AND - DEVELOPING ACADEMIC RESOURCES TO PROMOTE SCHOLARLY STUDY. THE MUSEUM'S COLLECTION IS A JEWEL FOR MILITARY AND BRITISH HISTORIANS AND COMPRISES MANY ONE-OF-A-KIND ARTIFACTS. HISTORIANS INTERESTED IN THE LIFE AND TIMES OF SIR WINSTON CHURCHILL COULD NOT FIND A BETTER PLACE IN AMERICA TO CONDUCT THEIR STUDIES, ACCORDING TO BARRY R. BAUMAN WHO COMPLETED A GENERAL SURVEY OF THE MUSEUM IN 2008 (WWW.BAUMANCONSERVATION.COM). THE COLLECTION INCLUDES OVER 10,000 LIBRARY AND ARCHIVAL MATERIALS. THERE ARE ALSO THOUSANDS OF PHOTOGRAPHS, SEVERAL HUNDRED PRINTS AND DRAWINGS, AND APPROX. 1,000 THREE-DIMENSIONAL OBJECTS. THE GREATEST STRENGTH OF THE HOLDINGS IS THE INTERRELATIONSHIPS WITHIN THE VARIOUS SECTIONS OF THE COLLECTION. THE COLLECTION ALSO INCLUDES LESSER NUMBERS OF PAINTINGS AND TEXTILES, PRIMARILY UNIFORMS. SOME OF THE COLLECTION IS USED IN HANDS-ON EDUCATIONAL ACTIVITIES. THIS OFFERS A WONDERFUL ADDITIONAL EXPERIENCE TO ALL STUDENTS. THE CHURCHILL PRIMARY DOCUMENTS CONSISTING OF PHOTOGRAPHS AND LETTERS ARE EXCELLENT SOURCE MATERIALS FOR RESEARCH IN THE LATE PERSONAL LIFE OF CHURCHILL AND HIS FAMILY MEMBERS. OTHER COLLECTION MATERIALS INCLUDE HUNDREDS OF ORIGINAL WAR POSTERS, NEWSPAPERS AND CLIPPINGS FOR EXCELLENT PRIMARY SOURCES FOR FACTS AND OPINIONS. COLLECTIONS ON MUSEUM EVENTS GIVE PERSPECTIVE ON THE VISITS OF CHURCHILL, TRUMAN, GORBACHEV, THATCHER, REAGAN, BUSH AND OTHER STATE LEADERS AND THEIR GLOBAL VIEWPOINT ON THE COLD WAR. HISTORIC PRESERVATION SCHOLARS WILL FIND LETTERS, INVOICES AND PAPERS ON THE UNIQUE TASK OF TRANSPORTING A BAROQUE CHURCH STRUCTURE FROM LONDON TO FULTON, ITS REASSEMBLE AND RECREATING CARVINGS AND CURTAIN ORNAMENTATION TO REFLECT SIR CHRISTOPHER WREN. THE NATIONAL CHURCHILL MUSEUM AND LIBRARY CONTAINS 1,322 VOLUMES PERTAINING TO CHURCHILL AND IS RATED AS EXCELLENT HOLDINGS OF SECONDARY SOURCE MATERIALS. CARLO D'ESTE, AUTHOR OF WARLORD: THE LIVE OF WINSTON CHURCHILL AT WAR, BEGAN HERE AS HIS STARTING POINT FOR RESEARCH. THIS PROJECT WILL EXPAND ACCESS TO THE CHURCHILL COLLECTION AND SPECIFICALLY, ITS RELEVANCE TO THE COLD WAR. BECAUSE OF THE LACK OF ADEQUATE DESCRIPTIVE MATERIALS AND GOOD FINDING AIDS, THE MUSEUM'S COLLECTION IS UNDER-UTILIZED. SOME VOLUMES ARE LOCATED AT REEVES LIBRARY, THE COLLEGE LIBRARY, LOCATED ACROSS FROM THE MUSEUM FACILITY. THE MUSEUM'S ARCHIVES/COLLECTIONS ARE FOR EDUCATION PURPOSES EITHER THROUGH PUBLIC EXHIBITION INHOUSE AND LOANED TO OTHER EXHIBITING INSTITUTIONS, SCHOLARLY RESEARCH, AND PUBLIC EDUCATION. PART V, LINE 4: GENERAL SUPPORT OF THE COLLEGE, SUPPORT OF ACADEMIC DEPARTMENTS, AWARD SCHOLARSHIPS, SUPPORT OF FACILITY CHAIRS, SUPPORT THE NATIONAL CHURCHILL MUSEUM, MAINTENANCE OF THE COLLEGE FACILITIES, SUPPORT THE LIBRARY, RESEARCH PROGRAMS, LOAN FUNDS AND LECTURES. PART X, LINE 2: THE AUDITED FINANCIAL STATEMENTS INCLUDE THE FOLLOWING STATEMENT: "THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME WHICH IS SUBJECT TO FEDERAL AND STATE INCOME TAXES AT STATUTORY RATES. INTEREST AND PENALTIES INCURRED, IF ANY, RELATED TO ANNUAL FORM 990 OR UNRELATED BUSINESS INCOME TAX FILINGS ARE REPORTED WITHIN INSTITUTIONAL SUPPORT EXPENSES IN THE STATEMENT OF ACTIIVIES." PART XI, LINE 2D - OTHER ADJUSTMENTS: AMOUNT REPORTED AS COST OF GOODS SOLD 6,611. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/GRANTS 10,421,982. EXPENSES NETTED WITH REVENUE ON AUDIT 133. CHANGE IN VALUE OF SPLIT-INTEREST A 7,512. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMOUNT REPORTED AS COST OF GOODS SOLD 6,611. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/GRANTS 10,421,982. EXPENSES NETTED WITH REVENUE ON AUDIT 133. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PUBLICATIONS AND LOCAL BROADCASTS MADE DURING THE REGISTRATION PERIOD INDICATE THE SOCIALLY NONDISCRIMINATORY POLICY OF THE INSTITUTION. SCHEDULE E, PART I, LINE 6 SCHEDULE A, PART V, LINE 34A - WESTMINSTER COLLEGE RECEIVES FEDERAL ASSISTANCE FROM THE DEPARTMENT OF EDUCATION FOR STUDENT FINANCIAL AID UNDER THE PELL GRANT, SUPPLEMENTARY EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK-STUDY, AND PERKINS LOAN PROGRAMS. 1 UNDERGRADUATE SCHOLARSHIP AWARDS 648 10421982 HIGHER EDUCATION RELIEF FUND (HEERF) 520 384322 PART I, LINE 2: FINANCIAL AID VERIFIES ELIGIBILITY AND AWARDS APPROPRIATELY. FUNDS ARE TRANSFERRED TO STUDENT ACCOUNTS TO COVER FEES. NO OVER-AWARDING IS PERMITTED. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 FLETCHER LAMPKIN PRESIDENT OF THE COLLEGE 270000 0 0 0 21060 0 0 0 6913 0 297973 0 0 0 DAVID ROEBUCK VP FOR ACADEMIC AFFAIRS & DEAN OF FA 185000 0 0 0 0 0 0 0 835 0 185835 0 0 0 PART I, LINE 1A THE PRESIDENT'S RESIDENCE IS USED FOR THE BUSINESS PURPOSES OF THE UNIVERSITY AND TO FURTHER THE MISSION OF WESTMINSTER COLLEGE. THE PRESIDENT IS REQUIRED TO RESIDE IN THE RESIDENCE AND HOST MANY EVENTS FOR FACULTY, STAFF, ALUMNI, BOARD MEMBERS, AND OTHERS. A IDA OF CALLAWAY COUNTY MO REFUNDING REVENUE BONDS SERIES 2012A 431327288 131168BD7 2012-07-19 6245000 REFUNDING OF A PRIOR ISSUE THAT WAS DATED 5/11/05 0 0 0 B IDA OF CALLAWAY COUNTY MO REFUNDING REVENUE BONDS SERIES 2012C 431327288 131168BL9 2012-07-19 6043810 REFUND PRIOR ISSUES THAT WERE DATED 8/28/07 AND 6/29/10 0 0 0 A 6245000 576382 124900 6074651 1 0 1 1 B 6085000 608000 120876 5798557 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 0 B 0 1 0 0 1 0 0 0 0 A 0 B 0 X 3 116729 VALUE ON DONATION DATE 0 1 1 PART I, LINE 32B: IF A DONOR WANTS TO DONATE STOCK TO THE COLLEGE, IT IS TRANSFERRED TO AN INVESTMENT FIRM, WHICH SELLS THE STOCK UPON RECEIPT AND THEN CUTS A CHECK TO WESTMINSTER FOR THE PROCEEDS. THE INVESTMENT ACCOUNT HELD WITH THE FIRM IS AN IN & OUT ACCOUNT. PART I, LINE 33: GIFTS OF HISTORICAL TREASURES AND COLLECTIONS FOR THE NATIONAL CHURCHILL MUSEUM ARE NOT RECORDED ON THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE CONTROLLER OF THE ORGANIZATION. THE FINANCIAL AFFAIRS COMMITTEE OF THE BOARD OF TRUSTEES THEN REVIEWS THE RETURN AND MAKES A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES TO APPROVE THE 990. THE RETURN IS THEN MADE AVAILABLE ELECTRONICALLY AND APPROVED BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. ANY ACTIVITY OF SIGNIFICANCE GOES BEFORE THE BOARD AND MEMBERS ARE REQUIRED TO ABSTAIN AFTER DISCLOSING A PERSONAL RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES, THROUGH ITS GOVERNANCE AND TRUSTEESHIP COMMITTEE, REVIEWS AND APPROVES THE PRESIDENT'S ANNUAL COMPENSATION, AND THE REVIEW HAS INCLUDED REFERENCE TO COMPARABLE COMPENSATION DATA OF REGIONAL AND TRANSITIONAL PEER COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -7,512. FORM 990, PART XII, LINE 2C THE FINANCIAL AFFAIRS COMMITTEE MANAGES ISSUES RELATING TO SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.