2021-04-27T14:56:36-05:00 2020-06-30 421029744 TDT CPAS AND ADVISORS PC 1245 JORDAN CREEK PKWY SUITE 100 WEST DES MOINES IA 502662300 990 2019-07-01 420680344 CENTRAL COLLEGE CENT 6416285161 812 UNIVERSITY STREET PELLA IA 50219 THOMAS JOHNSON VP FINANCE & TREAS 6416285273 2021-03-25 true DAN MONTGOMERY CPA P02183410 6416289411 2021-04-27 2019 2022-09-23 18:48:47Z MARK PUTNAM - PRESIDENT 812 UNIVERSITY STREET PELLA IA 50219 65417510 false X WWW.CENTRAL.EDU X 1853 IA CENTRAL COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION DEDICATED TO THE FOUR YEAR UNDERGRADUATE EXPERIENCE. 36 36 1462 1 618547 5466271 5264182 55583322 55292319 8236821 4742939 61849 75170 69348263 65374610 23851835 26485137 0 23622343 23613060 0 3127440 22302167 20831187 69776345 70929384 -428082 -5554774 185528700 182044293 75607888 79304643 109920812 102739650 X CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. false false 44029286 26485137 42319806 PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,163 STUDENTS, INCLUDING 1,111 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE. 9282621 9884299 PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1,060 STUDENTS LIVING IN RESIDENTIAL UNITS AND 1,045 STUDENTS WITH BOARD CONTRACTS. 8938156 952993 EXPENSES RELATED TO PROVIDING PERSONAL SERVICES AND ACTIVITIES FOR STUDENTS AT A RESIDENTIAL COLLEGE, INCLUDING COUNSELING, EXTRA-CURRICULAR ACTIVITIES, WELLNESS, ADMISSIONS, AND STUDENT GOVERNMENT. 1680512 2135221 GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM 1680512 2135221 63930575 true true false false false false false true false true true true false false true true true false true true true false false false false false false false true true false false false false true false false false true false false false false false false false false true X 3149 0 true 1462 true true true true SP false false false true true false false false false false false X 36 36 false false false false false false false true true true false true true true true true true true true false X THOMAS JOHNSON 6416285276 812 UNIVERSITY STREET PELLA IA 50219 MARK PUTNAM - PRESIDENT PRESIDENT 40.00 X 263842 0 50341 MARY STREY VP ACADEMICS 40.00 X 191850 0 40677 THOMAS JOHNSON VP FINANCE & 40.00 X 186074 0 39530 CAROL WILLIAMSON VP ENROLLMEN 40.00 X 155258 0 36387 JEFF MCMARTIN COACH 40.00 X 107103 0 29843 ERIC VAN KLEY AD & COACH 40.00 X 100103 0 27852 ROBERT FRANKS PROFESSOR 40.00 X 111559 0 11059 JEFF SANGER ASST. TREASU 40.00 X 35867 0 5644 SHERYL KAMERICK ASST. TREASU 40.00 X 35741 0 4007 BERNADETTE ALLEN VICE CHAIR 0.50 X X 0 0 0 JASON ANDRINGA TRUSTEE 0.50 X 0 0 0 KRISTI BALK TRUSTEE 0.50 X 0 0 0 ROGER BROWN TRUSTEE 0.50 X 0 0 0 DANIEL DE COOK TRUSTEE 0.50 X 0 0 0 PETER CARTWRIGHT TRUSTEE 0.50 X 0 0 0 TEJ DHAWAN CHAIRMAN 0.50 X X 0 0 0 MARK ELLINGSON TRUSTEE 0.50 X 0 0 0 JULIE FISHER SECRETARY 0.50 X X 0 0 0 SHAYLA FROM TRUSTEE 0.50 X 0 0 0 CHIP GRIFFITH TRUSTEE 0.50 X 0 0 0 TIM HEREEMA TRUSTEE 0.50 X 0 0 0 JAMES ISRAEL TRUSTEE 0.50 X 0 0 0 THOMAS KOOS TRUSTEE 0.50 X 0 0 0 J LANIER LITTLE TRUSTEE 0.50 X 0 0 0 MIKE MAIN TRUSTEE 0.50 X 0 0 0 CHARLES MORRIS TRUSTEE 0.50 X 0 0 0 JEFF OLIVER TRUSTEE 0.50 X 0 0 0 STEVE PERKINS TRUSTEE 0.50 X 0 0 0 KARIN PETERSON TRUSTEE 0.50 X 0 0 0 BARBARA PETTITT TRUSTEE 0.50 X 0 0 0 BILL RANKIN TRUSTEE 0.50 X 0 0 0 JANA RICKER TRUSTEE 0.50 X 0 0 0 RICK RYAN TRUSTEE 0.50 X 0 0 0 STEVE SIKKINK TRUSTEE 0.50 X 0 0 0 DEANNA VER STEEG VICE CHAIR 0.50 X X 0 0 0 JOHN SCHMIDT TRUSTEE 0.50 X 0 0 0 KATHY SIKKEMA TRUSTEE 0.50 X 0 0 0 DONNA SMITH TRUSTEE 0.50 X 0 0 0 HARRY SMITH TRUSTEE 0.50 X 0 0 0 CLAY THOMPSON TRUSTEE 0.50 X 0 0 0 MARK VANDERLINDEN TRUSTEE 0.50 X 0 0 0 JUDITH VOGEL TRUSTEE 0.50 X 0 0 0 MARKAY WINSTON TRUSTEE 0.50 X 0 0 0 MARY WORSTELL TRUSTEE 0.50 X 0 0 0 SOPHIE MATHONNET-VANDER WELL TRUSTEE 0.50 X 0 0 0 1187397 245340 8 false true false WEITZ 5901 THORNTON AVE DES MOINES IA 50321 CONTRACTOR 2127486 LMC INSURANCE & RISK MANAGEMENT 4200 UNIVERSITY STE 200 WEST DES MOINES IA 50266 INSURANCE 324883 UNITED WISCONSIN INSURANCE 15200 W SMALL RD NEW BERLIN WI 537517937 INSURANCE 317648 ELLUCIAN INC 62578 COLLECTIONS CENTER CHICAGO IL 60693 SOFTWARE 290205 JOHNSON CONTROLS INC PO BOX 730068 DALLAS TX 75373 CONTRACTOR 234749 21 5264182 318245 5264182 TUITION 611600 42319806 42319806 AUXILIARY 611600 9265752 9265752 GOVT TRIO 611600 2135221 2135221 EDUCATIONAL 611600 952993 952993 AUXILARY 722320 618547 618547 55292319 4742939 4742939 118070 42900 75170 75170 75170 65374610 54673772 618547 4818109 26485137 26485137 1677876 853639 653818 170419 17075639 14321530 1321685 1432424 1260076 1056374 109836 93866 2330664 1995761 178867 156036 1268805 1075120 93621 100064 744444 583731 160695 18 107445 107445 82981 82981 790244 14817 775427 1977239 1527770 174967 274502 695435 233486 461949 711333 706947 4386 780265 636464 103529 40272 124260 64867 30137 29256 1847702 1842150 4405 1147 3913662 3818320 71489 23853 OPERATIONAL MAINTENANCE 3317873 3218864 68853 30156 TRIO 1680512 1680512 FOOD 1484427 1484427 OFF CAMPUS PROGRAMS 1065296 1065296 1508069 1265363 242706 70929384 63930575 3871369 3127440 1136271 978923 3565265 3310908 3295322 2812985 1081589 892639 3491242 3124695 264332 287775 247791 282947 180109970 88766040 91501908 91343930 42169603 41814856 38407788 36827046 367589 367589 185528700 182044293 3927849 3933628 445856 1292658 68307372 66443819 2926811 7634538 75607888 79304643 X 48769562 39322009 61151250 63417641 109920812 102739650 185528700 182044293 X -5554774 -1626388 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367589 X X X X false 79746593 1313919 1955945 1828233 1671767 79516457 81011252 1363649 5371692 3326869 4673131 79746593 76453480 1012032 7045740 1549466 1950534 81011252 71347418 858114 7772472 1527935 1996589 76453480 78540803 906269 -2441490 1517858 4140306 71347418 0.33000 0.63000 0.04000 false false 6842946 6842946 145252397 64480577 80771820 24906385 24285463 620922 3108242 3108242 91343930 PRIVATE EQUITY 16136636 F HEDGE FUNDS 7527238 F REAL ESTATE 7127893 F CF PRIVATE EQUITY 2043113 F CO MINGLED FUNDS 1770778 F REAL ASSETS 1558736 F CF REAL ASSETS 592484 F PELLA CINEMA 70000 F OTHER REAL ASSETS 168 F 36827046 REFUNDABLE ADVANCE (PPP LOAN) 4709682 US GOVT REFUNDABLE 2265043 ANNUITIES PAYABLE 659813 7634538 X 37305984 -1626389 42900 -1583489 38889473 26485137 26485137 65374610 44487147 42900 42900 44444247 26485137 26485137 70929384 SCHEDULE D, PAGE 2, PART III, LINE 4 PAINTINGS AND INDIAN JEWELRY COLLECTION USED IN ACADEMIC CLASSES, PUBLIC DISPLAY ON CAMPUS AND LOANED TO OTHER NON-PROFIT ORGANIZATIONS WITH NO FEE. SCHEDULE D, PAGE 2, PART V, LINE 4 INTENDED USE OF THE ENDOWMENT FUNDS IS TO FUND EDUCATIONAL SCHOLARSHIPS AND AWARDS FOR CENTRAL COLLEGE STUDENTS, FACULTY, AND SUPPORT FOR ENDOWED CHAIRS, AND ADDITIONAL SPECIAL PROJECTS FOR FACULTY MEMBERS AND THE MUSIC DEPARTMENT. SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE COLLEGE IS ALSO EXEMOT FROM STATE INCOME TAX. HOWEVER, ANY URELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION.THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING CERTAIN UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURN FOR FISCAL YEARS 2016 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 42,900 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID 26,485,137 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 42,900 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 26,485,137 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 CENTRAL COLLEGE ADMITS STUDENTS ON THE BASIS OF ACADEMIC QUALIFICATIONS WITHOUT REGARD TO ETHNICITY, RACE, NATURAL ORIGIN, ANCESTORY, COLOR, SOCI-ECONOMIC CLASS, CREED, RELIGION, PHILOSOPHICAL BELIEF, MARITAL STATUS, DISABILITY, PHYSICAL APPEARANCE, SEX, AGE, SEXUAL ORIENTATION, OR GENDER EXPRESSION. SCHEDULE E, LINE 6 CENTRAL COLLEGE RECEIVES TITLE IV FINANCIAL AID FOR STUDENTS FROM THE DEPARTMENT OF EDUCATION: PELL GRANT, SEOG, WORK STUDY FUNDS, TEACHER EDUCATION GRANTS/LOANS, AND DIRECT LOANS. true EUROPE & UK 4 9 PROGRAM SERVICES EDUCATIONAL 1131693 NORTH AMERICA 1 8 PROGRAM SERVICES EDUCATIONAL 263797 5 17 5 17 1395490 1395490 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL EXPENDITURES MADE OUTSIDE THE UNITED STATES. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE & UK 1,131,693 0 NORTH AMERICA 263,797 0 true INSTITUTIONAL AID 1111 24656904 ENDOWED SCHOLARSHIPS 648 1828233 SCHEDULE I, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, CENTRAL COLLEGE IS REQUIRED TO PARTICIATE AND FILE THE FEDERAL SINGLE AUDIT OF FINANCIAL AID PERFORMED BY OUR EXTERNAL AUDIT FIRM. X X X true true false false false false false false false false false MARK PUTNAM - PRESIDENT PRESIDENT 260162 3680 27000 23341 314183 MARY STREY VP ACADEMICS 191300 550 20283 20394 232527 THOMAS JOHNSON VP FINANCE & TREAS 166533 19541 19550 19980 225604 CAROL WILLIAMSON VP ENROLLMENT 154802 456 15300 21087 191645 SCHEDULE J, PART III CENTRAL COLLEGE OWNED PROPERTY IS PROVIDED TO THE PRESIDENT. THE PROPERTY IS USED FOR MANY COLLEGE FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. THERE IS NO PRIVATE RESIDENCE FOR THE FAMILY.AS PART OF A CONTRACTUAL AGREEMENT, THE PRESIDENT IS REQUIRED TO LIVE ON THE PROPERTY AND HOST EVENTS LISTED ABOVE. SOCIAL CLUB DUES ARE PAID BY THE COLLEGE AND ARE USED FOR BUSINESS PURPOSES ONLY. MEETS MONTHLY WITH THE DES MOINES AREA PARTNERSHIP ORGANIZATION AND DONORS IN THE AREA. TRAVEL FOR COMPANIONS: PRESIDENT'S WIFE TRAVELS BONA FIED BUSINESS TRIPS ONLY FOR REQUIRED CONFERENCES AND MEETINGS WITH DONORS. DEPENDENT WAIVER 20997 NONCASH TUITION WAIVER X 27 317693 X TICKETS 2 552 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B CENTRAL COLLEGE USES US BANCORP TO PROCESS AND SELL DONATED SECURITIES. DONORS TRANSFER SECURITIES TO CENTRAL'S BROKERAGE ACCOUNT. SECURITIES ARE THEN SOLD IMMEDIATELY PER BOARD POLICY AND FUNDS ARE DEPOSITED INTO THE COLLEGE'S CHECKING ACCOUNT AT US BANK. FORM 990 - ORGANIZATION'S MISSION CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4D GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM FORM 990, PART V, LINE 4B SPAIN, AUSTRIA, MEXICO, GREAT BRITAIN (UK) FORM 990, PAGE 6, PART VI, LINE 9 CHARLES MORRIS 812 UNIVERSITY PELLA, IA 50219 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE GOVERNANCE BOARD OF THE COLLEGE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST DOCUMENT IS COMPLETED EACH YEAR AND MONITORED BY THE TREASURER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 15A PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF KEY EMPLOYEES AND OFFICERS ARE APPROVED BY DIRECT REPORTS. ALL SALARIES ARE MONITORED BY THE BUSINESS OFFICE MONTHLY. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9 RENTAL EXPENSES 42,900 FINANCIAL AID -26,485,137 RENTAL EXPENSES -42,900 FINANCIAL AID 26,485,137