2020-03-20T12:09:55-05:00 2019-05-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STE 1000 PEORIA IL 61602 990 2018-06-01 370661494 BRADLEY UNIVERSITY BRAD 3096773117 1501 W BRADLEY AVENUE PEORIA IL 616250001 PRATIMA GANDHI CFO 3096773123 2020-03-20 1 SAMUEL A CIGELNIK CPA P00324762 3096714500 2020-03-20 67.137.57.251 2020-03-20 08:44:27 CD P 38142F0B8A06F1F48BF6ECA7E048971FB95280AF 7613AA23C80CD0B56461DF6B9C9657BF8AA6D72D 2018 2020-11-19 02:30:22Z GARY ROBERTS 1501 W BRADLEY AVENUE PEORIA IL 616250001 229976937 0 X WWW.BRADLEY.EDU X 1897 IL BRADLEY UNIVERSITY EMPOWERS STUDENTS FOR IMMEDIATE AND SUSTAINED SUCCESS IN THEIR PERSONAL AND PROFESSIONAL ENDEAVORS BY COMBINING PROFESSIONAL PREPARATION, LIBERAL ARTS AND SCIENCES, AND CO-CURRICULAR EXPERIENCES. ALONGSIDE OUR DEDICATION TO STUDENTS, WE EMBRACE THE GENERATION, APPLICATION, AND INTERPRETATION OF KNOWLEDGE. 26 25 3301 866 444196 183249 7586973 12475983 195415679 202019241 25721733 15091195 143852 139876 228868237 229726295 68082975 71651245 0 0 99115769 96829068 0 0 4746671 61524478 62154240 228723222 230634553 145015 -908258 683160461 700074282 219158369 245924082 464002092 454150200 X BRADLEY UNIVERSITY EMPOWERS STUDENTS FOR IMMEDIATE AND SUSTAINED SUCCESS IN THEIR PERSONAL AND PROFESSIONAL ENDEAVORS BY COMBINING PROFESSIONAL PREPARATION, LIBERAL ARTS AND SCIENCES, AND CO-CURRICULAR EXPERIENCES. ALONGSIDE OUR DEDICATION TO STUDENTS, WE EMBRACE THE GENERATION, APPLICATION, AND INTERPRETATION OF KNOWLEDGE. 0 0 172247146 66393898 168380776 INSTRUCTION AND RESEARCH - PROVIDING HIGHER EDUCATION TO STUDENTS. 7530278 907511 16487357 AUXILIARY SERVICES - PROVIDES SUPPORT SERVICES FOR STUDENTS WHICH INCLUDES HOUSING, BOOKSTORE, AND CONFERENCE FACILITIES. 7769584 8077602 FOOD SERVICES - PROVIDES BOARD (CAFETERIA SERVICES) FOR STUDENTS LIVING ON CAMPUS AND OFF CAMPUS. ALSO INCLUDES FOOD PURCHASED BY EMPLOYEES. 14395716 4349836 2463242 INTERCOLLEGIATE ATHLETICS - PROVIDES FOR INTERCOLLEGIATE ATHLETIC ACTIVITY DIVISION I SPORTS OF MEN'S BASKETBALL, TRACK, GOLF, BASEBALL, AND SOCCER AND WOMEN'S BASKETBALL, VOLLEYBALL, CROSS-COUNTRY, GOLF, SOFTBALL, AND TENNIS. 1329676 503338 OTHER EDUCATIONAL BENEFITS - PROVIDES TECHNICAL SUPPORT FOR FACULTY, STAFF AND STUDENTS, CHILDCARE CENTER FOR TRAINING OPPORTUNITIES, AND EMPLOYMENT CENTER FOR STUDENTS. 5173871 5849292 OTHER DEPARTMENT PROGRAMS - PROVIDES SERVICES FOR TRANSCRIPTS, CULTURAL PROGRAMS OFFERED TO CAMPUS AND PUBLIC, CONTINUING EDUCATION PROGRAMS, AND MISCELLANEOUS OTHER PROGRAMS. 20899263 4349836 8815872 208446271 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 291 20 1 3301 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X PRATIMA GANDHI CFOCONTROLLER 3096773123 1501 W BRADLEY 103 SWORDS HALL PEORIA IL 61625 CALVIN BUTLER JR CHAIRMAN 5.00 X 0 0 0 JAMES E SHADID VICE CHAIRMAN 5.00 X 0 0 0 KATHLEEN MB HOLST SECRETARY 5.00 X 0 0 0 DOUGLAS S STEWART TRUSTEE 5.00 X 0 0 0 DAVID P BOZEMAN TRUSTEE 5.00 X 0 0 0 GARY A BURK TRUSTEE 5.00 X 0 0 0 INGA CARUS TRUSTEE 5.00 X 0 0 0 ROBERT J CLARK TRUSTEE 5.00 X 0 0 0 ANN EDWARDS-COTTER TRUSTEE 5.00 X 0 0 0 MICHAEL CULLINAN TRUSTEE 5.00 X 0 0 0 SHARON DESMOULIN-KHERAT TRUSTEE 5.00 X 0 0 0 MELVIN FLOWERS TRUSTEE 5.00 X 0 0 0 STEPHEN GORMAN TRUSTEE 5.00 X 0 0 0 ROBIN L KELLY TRUSTEE 5.00 X 0 0 0 WAYNE G KLASING TRUSTEE 5.00 X 0 0 0 RAY LAHOOD TRUSTEE 5.00 X 0 0 0 JONATHAN E MICHAEL TRUSTEE 5.00 X 0 0 0 MICHELLE MILLS CLEMENT TRUSTEE 5.00 X 0 0 0 GARY M PEPLOW TRUSTEE 5.00 X 0 0 0 LINDSEY R ROLSTON TRUSTEE 5.00 X 0 0 0 GEORGE E RUEBENSON TRUSTEE 5.00 X 0 0 0 MICHAEL D SCIMO TRUSTEE 5.00 X 0 0 0 KEVIN SCHOEPLEIN TRUSTEE 5.00 X 0 0 0 DEBBIE SIMON TRUSTEE 5.00 X 0 0 0 TANA UTLEY TRUSTEE 5.00 X 0 0 0 GARY ROBERTS PRESIDENT 60.00 X 495154 0 18230 PRATIMA GANDHI CFO/CONTROLLER 50.00 X 147010 0 21222 ERIN KASTBERG VP LEGAL AFFAIRS 50.00 X 118565 0 16272 WALTER ZAKAHI PROVOST/SENIOR VP ACADEMIC AFFAIRS 50.00 X 262318 0 27697 NATHAN THOMAS VP STUDENT AFFAIRS 50.00 X 180875 0 13887 JUSTIN BALL VP ENROLLMENT MANAGEMENT 50.00 X 169029 0 26512 RALPH CHRISTOPHER REYNOLDS VP INTERCOLLEGIATE ATHLETICS 50.00 X 277761 0 29752 JAKE HEUSER VP DEVELOPMENT 50.00 X 217614 0 29606 BRIAN WARDLE HEAD MEN'S BASKETBALL COACH 50.00 X 708920 0 32288 LEX AKERS DEAN, COLLEGE OF ENGINEERING 50.00 X 231922 0 26065 JOSEPH CHEN CHAIR IMET 50.00 X 192016 0 17810 MATTHEW O'BRIEN INTERIM DEAN, COLLEGE OF BUSINESS 50.00 X 197427 0 28680 WILLIAM MCDOWELL EXEC/ACADEMIC DIRECTOR TURNER SCHOOL OF ENTREPRE 50.00 X 209199 0 23599 3407810 0 311620 144 0 1 0 MILLER HALL & TRIGGS 416 MAIN STREET PEORIA IL 61602 LEGAL 437772 NEPC LLC PO BOX 4110 WOBURN MA 01888 PORTFOLIO MANAGEMENT FEES 287029 SCHEFFTECH PRODUCTIONS LLC 150 DETROIT AVE SUITE B MORTON IL 61550 SPORTS PRODUCTIONS SERVICES 187114 BRANDES INVESTMENT PARTNERS LP PO BOX 919048 SAN DIEGO CA 921919048 PORTFOLIO MANAGEMENT FEES 130606 CLIFTONLARSONALLEN LLP 301 SW ADAMS ST STE 1000 PEORIA IL 61602 ACCOUNTING SERVICES 123370 5 361544 3057518 9056921 487829 12475983 INSTRUCTION & RESEARCH 611600 168390909 168380776 10133 AUXILIARY SERVICE 722210 16734858 16487357 247501 FOOD SERVICE REVENUE 611710 8077602 8077602 DEPARTMENT PROGRAMS 611710 5849292 5849292 INTERCOLLEGIATE ATHLETICS 611710 2463242 2463242 503338 503338 202019241 12658569 12658569 81884 116445 -34561 -34561 -34561 2432626 0 2432626 2432626 186562 2246064 206397 68224 138173 138173 102237 65973 36264 36264 229726295 201761607 444196 15044509 71651245 71651245 2895945 1503121 1154188 238636 70574227 60311139 7793469 2469619 3262936 2745277 397381 120278 15104425 12073060 2327026 704339 4991535 4199637 607900 183998 902207 902207 305450 68414 237036 107400 1500 105900 1225389 1225389 137965 88903 47712 1350 403641 364033 8103 31505 8387686 7058686 683005 645995 4729581 4106550 622807 224 15347173 14272557 1003244 71372 4328895 4078527 120932 129436 350727 318307 19145 13275 4282425 4218560 63865 13483108 13483108 1311584 891359 420225 OTHER PROGRAM MISCELLAN 4285345 3544417 604284 136644 ATHLETIC PROGRAM MISCEL 2311908 2311908 FINE ARTS/RADIO STATION 253756 253756 230634553 208446271 17441611 4746671 35418204 43812248 21919197 1159494 17259480 10061014 3252090 3344305 22814 23951 1086340 964280 552401043 205668570 306559869 346732473 170497166 157386025 121584027 131723180 5561274 4867312 683160461 700074282 26035495 34381143 4577643 4506480 131678208 147691706 1382830 1269142 7434804 5782407 48049389 52293204 219158369 245924082 X 339561760 324619118 50699653 50205855 73740679 79325227 464002092 454150200 683160461 700074282 X -908258 -9943959 1000325 X X 0 1 X 1 1 1 X 22575482 14393124 19939904 7586973 12475983 76971466 22575482 14393124 19939904 7586973 12475983 76971466 5778639 71192827 11742266 12588305 11377535 15211636 12740453 63660195 131947 337449 444359 444196 1357951 141989612 945013238 0.50140 0.54060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68035 321631 X X X 0 313641208 5239666 2913687 4763227 7407220 1225389 308398725 299257226 4205899 23564600 4618137 7383342 1385038 313641208 273959967 5716483 31425002 4462215 6231199 1150812 299257226 290974441 4723738 -9861018 4501081 6283379 1092734 273959967 290027789 4672749 7944275 4415750 6154178 1103444 290974441 0.53010 0.42860 0.04130 1 0 25155922 25155922 425173428 127526783 297646645 71197067 60587657 10609410 30874626 17554130 13320496 346732473 82024214 F 29532065 F MORTGAGES AND NOTES 392294 C OTHER 7569712 C REAL ESTATE & FARMS 11207237 F LIFE INSURANCE POLICIES 997658 F 131723180 POST-RETIREMENT BENEFITS OTHER THAN PENSIONS 47001244 SWAP CONTRACT 3398911 STUDENT DEPOSITS 1893049 52293204 X 151920983 -9943959 -67861353 -77805312 229726295 0 229726295 161772875 -1443051 442726 -1000325 162773200 67861353 67861353 230634553 PART III, LINE 4: COLLECTION OF ART AND OTHER HISTORICAL TREASURES INCLUDE VARIOUS SCULPTURES, PAINTINGS, AND OTHER WORKS OF ART; SEA CHART; HISTORICAL MAPS OF AMERICA; ANTIQUE WATCH FROM WHEN THE UNIVERSITY WAS A COLLEGE OF HOROLOGY; AND HISTORICAL BOOKS. THESE ITEMS ARE ON DISPLAY IN THE LIBRARY AND OTHER PARTS OF CAMPUS AND SERVE TO FURTHER THE UNIVERSITY'S EDUCATIONAL PURPOSE IN THE ARTS, HISTORY, AND THE HUMANITIES IN GENERAL. PART V, LINE 4: THE UNIVERSITY ENDOWMENT SERVES TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY BY PROVIDING SUBSTANTIAL AND SUSTAINABLE FLOW OF FUNDS TO THE OPERATING BUDGET AND RESTRICTED FUNDS IN ORDER TO SUPPORT THE LONG-TERM GOALS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE APPLICABLE U.S. AND ILLINOIS INTERNAL REVENUE CODES FOR RELATED INCOME. NO PROVISIONS HAVE BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS AS THE UNIVERSITY BELIEVES THERE IS NO SIGNIFICANT UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -66,635,964. INVESTMENT FEES -1,225,389. PART XII, LINE 2D - OTHER ADJUSTMENTS: SWAP CONTRACT LOSS 474,262. LOSS ON DISPOSAL OF ASSET -31,536. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 66,635,964. INVESTMENT FEES 1,225,389. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT IS CONSPICUOUSLY DISPLAYED IN ALL ADMISSIONS MATERIAL INCLUDING UNIVERSITY CATALOGS: "BRADLEY UNIVERSITY IS COMMITTED TO A POLICY OF NON-DISCRIMINATION AND THE PROMOTION OF EQUAL OPPORTUNITIES FOR ALL PERSONS REGARDLESS OF AGE, COLOR, CRED, DISABILITY, ETHNICITY, MARITAL STATUS, NATIONAL ORIGIN, RACE, RELIGION, SEX, SEXUAL ORIENTATION, OR VETERAN STATUS. THE UNIVERSITY IS ALSO COMMITTED TO COMPLIANCE WITH ALL APPLICABLE LAWS REGARDING NON-DISCRIMINATION, HARASSMENT AND AFFIRMATIVE ACTION." SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FEDERAL FUNDS. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 332000 EAST ASIA & PACIFIC 0 0 PROGRAM SERVICES CPA EXAM TESTING 23247 0 0 0 0 0 0 355247 0 355247 1 0 0 0 1 0 AUCTION 136289 136289 2507 23385 10892 GOLF OUTING 46585 46585 7406 8044 6568 1 23523 23523 1636 7786 206397 206397 2507 9042 39215 17460 68224 138173 102237 60348 5625 0 0.75000 102237 60348 5625 65973 36264 IL 1 0 1 0 0.00000 1.00000 CRAIG DAHLQUIST SENIOR ATH DIRECTOR - COMPLIANCEFINANCE BRADLEY UNIVERSITY 1501 W BRADLEY A PEORIA IL 61625 0 CRAIG DAHLQUIST BOOKS & RECORDS X 0 1 EMPLOYEE TUITION REMISSION 225 4003039 BASED ON TUITION CHARGES EMPLOYEE DISCOUNT ON TUITION AWARDS 198 104731 FMV UNIVERSITY GRANT & SCHOLARSHIPS 3846 60380954 BASED ON FORMULA GRANTS & SCHOLARSHIPS OTHER TUITION WAIVERS 39 523631 BASED ON TUITION CHARGES SPECIAL AFFINITY WAIVERS GRADUATE SCHOLARSHIPS 293 1381543 BASED ON FORMULA GRANTS & SCHOLARSHIPS ATHLETIC SCHOLARSHIPS 196 4349836 IN COMFORMANCE WITH NCAA GUIDELINES SCHOLARSHIPS RESIDENT HALL SCHOLARSHIPS 125 907511 BASED ON ROOM AND BOARD CHARGES SCHOLARSHIPS FOR ROOM AND BOARD PART I, LINE 2: THE UNIVERSITY UTILIZES THE POWERFAIDS FINANCIAL AID MANAGEMENT SYSTEM WHICH REQUIRES THE END USER TO TIE HIGHLY SPECIFIC ELIGIBILITY CRITERIA TO INDIVIDUAL FINANCIAL AID PROGRAMS. DURING EXECUTION OF THE AUTOMATED AWARDING MODULE WITHIN POWERFAIDS, AID IS ALLOCATED BASED ON THE PRE-ESTABLISHED CRITERIA ENSURING THAT GRANT FUNDS ARE ONLY DISTRIBUTED TO APPROPRIATE, QUALIFIED RECIPIENTS. POST AUTO-AWARDING A SERIES OF MIS INFORMATION REPORTS PERFORM A STUDENT-BY-STUDENT TEST OF AWARD EFFICACY MONITORING THAT STUDENT GRANT AID HAS BEEN APPROPRIATELY DISTRIBUTED. WITHIN THE STUDENT ACCOUNTS SYSTEM AND GENERAL LEDGER STUDENT GRANT PROGRAMS EXPENDITURES ARE ASSIGNED SUB-CODES THAT UNIQUELY IDENTIFY THEM AS SUCH THUS PROHIBITING ANY INADVERTANT OR INAPPROPRIATE DISTRIBUTION. THE UNIVERSITY HAS ESTABLISHED APPROPRIATE CONTROLS THROUGH SEPARATION OF RESPONSIBILITIES AND INTERNAL AUDIT PROCEDURES THAT PRECLUDE ANY ENTITY WITHIN THE ADMINISTRATIVE STRUCTURE FROM DIVERTING STUDENT GRANT AID TO NONQUALIFIED USES. SCHEDULE I, PART III, COLUMN D THE "NON-CASH ASSISTANCE" REPORTED ARE CREDITS AGAINST STUDENT TUITION CHARGES. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 GARY ROBERTS PRESIDENT 419194 0 0 0 75960 0 13750 0 4480 0 513384 0 75000 0 PRATIMA GANDHI CFO/CONTROLLER 146050 0 0 0 960 0 8027 0 13195 0 168232 0 0 0 WALTER ZAKAHI PROVOST/SENIOR VP ACADEMIC AFFAIRS 253212 0 0 0 9106 0 19250 0 8447 0 290015 0 0 0 NATHAN THOMAS VP STUDENT AFFAIRS 179915 0 0 0 960 0 13887 0 0 0 194762 0 0 0 JUSTIN BALL VP ENROLLMENT MANAGEMENT 168069 0 0 0 960 0 13504 0 13008 0 195541 0 0 0 RALPH CHRISTOPHER REYNOLDS VP INTERCOLLEGIATE ATHLETICS 209880 0 50000 0 17881 0 16557 0 13195 0 307513 0 0 0 JAKE HEUSER VP DEVELOPMENT 216654 0 0 0 960 0 16568 0 13038 0 247220 0 0 0 BRIAN WARDLE HEAD MEN'S BASKETBALL COACH 693786 0 0 0 15134 0 19250 0 13038 0 741208 0 0 0 LEX AKERS DEAN, COLLEGE OF ENGINEERING 231142 0 0 0 780 0 13102 0 12963 0 257987 0 0 0 JOSEPH CHEN CHAIR IMET 158571 0 0 0 33445 0 9363 0 8447 0 209826 0 0 0 MATTHEW O'BRIEN INTERIM DEAN, COLLEGE OF BUSINESS 196647 0 0 0 780 0 15485 0 13195 0 226107 0 0 0 WILLIAM MCDOWELL EXEC/ACADEMIC DIRECTOR TURNER SCHOOL 194199 0 0 0 15000 0 10561 0 13038 0 232798 0 0 0 PART I, LINE 1A BRIAN WARDLE, MEN'S BASKETBALL COACH, RECEIVED TAX GROSS UP. ALL TAXABLE BENEFITS WERE TREATED AS TAXABLE COMPENSATION. WALTER ZAKAHI, SENIOR VP ACADEMIC AFFAIRS, RECEIVED TAX GROSS UP. ALL TAXABLE BENEFITS WERE TREATED AS TAXABLE COMPENSATION. RALPH CHRISTOPHER REYNOLDS, VP ATHLETICS, RECEIVED TAX GROSS UP. ALL TAXABLE BENEFITS WERE TREATED AS TAXABLE COMPENSATION. PART I, LINE 1B THE UNIVERSITY HAS A POLICY FOR CHARTER TRAVEL. HOWEVER, FOR ALL OTHER COMPONENTS INDICATED, THE UNIVERSITY PROVIDES FOR IN A WRITTEN CONTRACT WITH THE EMPLOYEE. A ILLINOIS FINANCE AUTHORITY SERIES 2008 A&B 861091967 45200FDZ9 2008-03-25 63775000 REFUND BONDS ISSUED ON 2/19/02 AND 4/17/07 0 0 0 B ILLINOIS FINANCE AUTHORITY SERIES 2017A & B 861091967 2017-09-19 50000000 CONSTRUCTION ON INSTRUCTIONAL BUILDING 0 0 0 C ILLINOIS FINANCE AUTHORITY SERIES 2017C 861091967 45204EWY0 2017-09-19 39500000 REFUND BONDS ISSUED ON 4/17/07 0 0 0 A 63775000 63139738 564514 70748 1959 2010 0 1 1 1 B 42500000 326351 41014155 1159494 2019 0 0 1 1 C 39500000 39342401 157599 2018 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 1 1 MORGAN STANLEY 30.000000000000 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K SUPPLENTAL INFORMATION SCHEDULE K LINE 7 COLUMN B - ISSUANCE COST $564,514 DOUGLAS STEWART TRUSTEE, BOARD 43765 PROVISION OF GOODS AND SERVICES 0 X 3 68035 APPRAISALS X 20 341911 FAIR MARKET VALUE X 12 1303 RECEIPTS X USE OF AUTOS 13 61631 LEASE VALUE X PARENT'S BOARD 85 13599 RECEIPTS X ACADEMIC SUPPORT 3 1350 RECEIPTS 3 0 1 0 PART I, COLUMN (B): LINE 1: NUMBER OF ITEMS CONTRIBUTED LINE 9: NUMBER OF EACH CONTRIBUTOR (DONORS) LINE 19: NUMBER OF CONTRIBUTORS (DONORS) LINE 25: NUMBER OF EACH SEPARATE GIFT LINE 26: NUMBER OF ITEMS CONTRIBUTED LINE 27: NUMBER OF EACH SEPARATE GIFT FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DETAIL IS PREPARED BY THE ASSOCIATE CONTROLLER AND ASSISTANT CONTROLLER. THE ENTIRE FORM IS THEN REVIEWED AND APPROVED BY THE CFO/CONTROLLER. THEREAFTER, THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO SUBMISSION TO THE ENTIRE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE TRUSTEES OF THE BOARD COMPLETE CONFLICT OF INTEREST FORMS. FORMS ARE REVIEWED AND DISCLOSED TO THE EXECUTIVE COMMITTEE AS APPROPRIATE. CONFLICT OF INTEREST FORMS ARE ALSO COMPLETED ANNUALLY BY OFFICERS AND KEY EMPLOYEES. FORMS ARE REVIEWED BY THE PRESIDENT. THE PRESIDENT'S CONFLICT OF INTEREST FORM IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEEES. FACULTY MUST CERTIFY TO THEIR DEPARTMENT CHAIRS ON AN ANNUAL BASIS THEIR COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF COMMITMENT AND CONFLICT OF INTEREST POLICIES BY COMPLETING A FORM. THE DEPARTMENT CHAIR FORWARDS THESE CERTIFICATIONS TO THE PROVOST. IF THERE IS A CONFLICT, AN AD HOC DISCLOSURE FORM IS COMPLETED. AFTER DEPARTMENT CHAIR REVIEWS, THIS FORM IS FORWARDED TO THE DEAN, THEN PROVOST FOR APPROVAL OF DETERMINATION. CERTAIN ADMINISTRATIVE AND PROFESSIONAL STAFF AT THE UNIVERSITY ARE ALSO REQUIRED TO COMPLETE CONFLICT OF INTEREST FORMS. THESE FORMS ARE THEN REVIEWED BY THEIR DIRECTORS AND FORWARDED TO THE APPROPRIATE VICE PRESIDENT FOR REVIEW, APPROVAL, AND DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE PRESIDENT'S COMPENSATION BASED UPON FORM 990 OF OTHER ORGANIZATIONS AND COMPENSATION SURVEYS. A WRITTEN EMPLOYMENT CONTRACT IS ISSUED. THE UNIVERSITY PRESIDENT DETERMINES COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES BASED UPON COMPENSATION SURVEYS. THIS IS THEN SUBMITTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. A WRITTEN EMPLOYMENT CONTRACT IS ISSUED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: SWAP CONTRACT LOSS -474,262. CHANGES IN SPLIT DOLLAR INTEREST 1,443,051. LOSS ON DISPOSAL OF ASSET 31,536. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.