2020-03-10T11:30:09-05:00 2019-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2018-07-01 362166964 AURORA UNIVERSITY AURO 6308926431 347 SOUTH GLADSTONE AVENUE AURORA IL 60506 SHARON MAXWELL VICE PRESIDENT FOR FINANCE 2020-03-10 true NICOLE BENCIK P00756195 3128997000 2018 2020-09-23 17:36:50Z DR REBECCA SHERRICK 347 SOUTH GLADSTONE AVENUE AURORA IL 60506 151862698 false X WWW.AURORA.EDU X 1899 IL TO PROVIDE POST-SECONDARY UNDERGRADUATE AND GRADUATE EDUCATION. 26 25 1916 400 756820 0 20324802 21119986 108536911 118386972 3438372 1737063 1184688 1124292 133484773 142368313 47268218 50852009 0 49837556 49188174 0 1965441 28561174 35448857 125666948 135489040 7817825 6879273 197048800 209110727 57235871 60473649 139812929 148637078 THE PRIMARY PURPOSE OF AURORA UNIVERSITY IS TO PROVIDE POST-SECONDARY UNDERGRADUATE AND GRADUATE EDUCATION SHAPED BY ITS LONG STANDING COMMITMENT TO EDUCATIONAL EXCELLENCE AND COMMUNITY PARTNERSHIP. THE UNIVERSITY IS GUIDED BY ITS MISSION TO BE AN INCLUSIVE COMMUNITY DEDICATED TO THE TRANSFORMATIVE POWER OF LEARNING AND CONTINUES TO UPHOLD ITS VALUES OF INTEGRITY, CITIZENSHIP, CONTINUOUS LEARNING, AND EXCELLENCE. false false 111176625 50510071 111698175 AURORA UNIVERSITY PROVIDES POST-SECONDARY EDUCATION AND RELATED ACTIVITIES AND SUPPORT SERVICES TO 4,321 UNDERGRADUATE STUDENTS AND 2,772 GRADUATE STUDENTS ON ITS THREE LOCATIONS IN AURORA, ILLINOIS, WILLIAMS BAY, WISCONSIN AND WOODSTOCK, ILLINOIS, AS WELL AS ON-LINE AND VARIOUS OTHER LOCATIONS. DURING THE YEAR, AU GRADUATED 1,074 STUDENTS WITH BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES, AND 881 STUDENTS WITH GRADUATE DEGREES IN EDUCATION, SOCIAL WORK, AND BUSINESS. AS PART OF ITS MISSION, THE UNIVERSITY OFFERS CULTURAL AND EDUCATIONAL OPPORTUNITIES TO ITS STUDENTS, FACULTY, STAFF AND THE NEIGHBORING COMMUNITY. 8638991 341938 6860980 AURORA UNIVERSITY HAS RESIDENCE HALL CAPACITY OF 720 BEDS ON ITS AURORA CAMPUS, AS WELL AS, OFFERING HOUSING SERVICES FOR ITS GRADUATE AND UNDERGRADUATE STUDENTS ON ITS WISCONSIN CAMPUS. FOOD SERVICE FOR STUDENTS AND STAFF IS PROVIDED AT THREE LOCATIONS ON THE AURORA CAMPUS AND A DINING HALL ON THE WISCONSIN CAMPUS. ADDITIONALLY, A BOOKSTORE ON THE AURORA CAMPUS SELLS TEXTBOOKS, SUPPLIES AND MISCELLANEOUS CONVENIENCE ITEMS TO STUDENTS, FACULTY AND STAFF. GEORGE WILLIAMS COLLEGE CAMPUS PROVIDES FOOD SERVICES, LODGING AND MEETING ROOMS FOR ALL INDIVIDUALS PARTICIPATING IN A CONFERENCE OR SEMINAR. THE PROGRAM ANNUALLY PROVIDES SERVICES TO OVER 47 SCHOOLS, CHURCHES, HUMAN SERVICE ORGANIZATIONS AND RETREAT/PROGRAM GROUPS. 119815616 true true false true false false true true true true false false false true true true false true false true false false false false false false true true true true false false false false false false false false false false true false false false false false false false false true 8437 0 true 1916 true true true false false false false true true true false false false false false X 26 25 true false true false false false false true true false false true true true true true true true false false X SHARON MAXWELL 6308445630 347 S GLADSTONE AVENUE AURORA IL 605064808 HILARY K BRENNAN CHAIR 2.0 X X 0 0 0 JOHN D AMMONS VICE CHAIR 2.0 X X 0 0 0 CHRISS JOHNS VICE CHAIR 2.0 X X 0 0 0 DOUGLAS J CRAFT VICE CHAIR 2.0 X X 0 0 0 REBECCA L SHERRICK PHD PRESIDENT 40.0 X X 548821 0 24739 JIM FUENTES TRUSTEE 1.0 X 0 0 0 GERALD PALMER TRUSTEE 2.0 X 0 0 0 SCOTT B PALMER TRUSTEE 2.0 X 0 0 0 BRIAN STADING TRUSTEE (BEGINNING 4.2019) 1.0 X 0 0 0 ODIE WASHINGTON TRUSTEE (BEGINNING 7.2018) 1.0 X 0 0 0 CHAD A DEKING TRUSTEE 2.0 X 0 0 0 CHARLES B DOSS TRUSTEE 1.0 X 0 0 0 FARRELL l FRENTRESS TRUSTEE (THROUGH 10.2018) 1.0 X 0 0 0 RONALD M HEM TRUSTEE 2.0 X 0 0 0 SHAWN E JEFFERS TRUSTEE 1.0 X 0 0 0 JOHN D SIMMS JR TRUSTEE 1.0 X 0 0 0 MICHELLE P SIMMS TRUSTEE 1.0 X 0 0 0 DAVID K STONE TRUSTEE 2.0 X 0 0 0 THOMAS T STUHLEY TRUSTEE 1.0 X 0 0 0 ROGER A TUCKER TRUSTEE (through 10.2018) 1.0 X 0 0 0 LINNEA WINDEL TRUSTEE 1.0 X 0 0 0 DR CALVIN R MYERS TRUSTEE 1.0 X 0 0 0 ANN SHEETS TRUSTEE 1.0 X 0 0 0 MYRON J RESNICK TRUSTEE 1.0 X 0 0 0 MATTHEW CANNON TRUSTEE 1.0 X 0 0 0 AUSTIN DEMPSEY TRUSTEE 1.0 X 0 0 0 BRIAN KONEN TRUSTEE 1.0 X 0 0 0 REBECCA MOHAN AWARD RECIPIENT MEMBER (THROUGH 10.2018) 1.0 X 0 0 0 LAURA DIERKING AWARD RECIPIENT MEMBER 1.0 X 0 0 0 REBECCA FLAMINIO SECRETARY 40.0 X 92942 0 12367 SHARON W MAXWELL TREASURER 40.0 X 221205 0 11527 FRANK BUSCHER VICE PRESIDENT FOR ACADEMIC AFFAIRS 40.0 X 259166 0 20904 DONNA M DESPAIN EXECUTIVE VICE PRESIDENT FOR ENROLLMENT 40.0 X 424954 0 26697 LORA L DELACEY SENIOR VICE PRESIDENT FOR STUDENT LIFE 40.0 X 247637 0 22367 JAMES LANCASTER VICE PRESIDENT FOR ENROLLMENT 40.0 X 220690 0 12432 MARGARET HOWES VICE PRESIDENT FOR DEVELOPMENT 40.0 X 198643 0 13903 2214058 0 144936 61 false true false BOLDT 2525 N ROEMER RD APPLETON WI 54911 CONSTRUCTION 10272040 SODEXO INC 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FACILITIES AND FOOD SERVICE MGMT 6799900 THE LEARNING HOUSE INC 427 SOUTH FOURTH ST SUITE 300 LOUISVILLE KY 40202 ONLINE CLASS MANAGEMENT 4467076 CORDOGAN CLARK & ASSOCIATES 960 Ridgeway Ave AURORA IL 60506 ARCHITECT 1379720 SCHERRER CONSTRUCTION CO INC 601 BLACK HAWK DR BURLINGTON WI 53105 CONSTRUCTION 1250910 13 X 17227253 3892733 164419 21119986 STUDENT TUITION & FEES 611310 111401348 111401348 AUXILIARY REVENUE 611310 6684485 6684485 CULTURAL EDUCATION 611310 237658 237658 ATHLETIC EVENTS 611310 63481 63481 0 0 0 0 118386972 1463715 -3745 1467460 7054 7054 55499 0 55499 0 55499 55499 9207354 1613 8015572 920047 1191782 -918434 273348 273348 730949 558766 172183 172183 CONFERENCE REVENUE 900002 271267 271267 MUSIC BY THE LAKE 711190 260942 260942 Concession/alcohol sales 722440 213606 213606 143741 0 14750 128991 889556 142368313 118559155 756820 1932352 X 34646 34646 50817363 50817363 961261 0 757249 204012 40299832 33472060 5595739 1232033 1384284 1315748 51408 17128 3445632 3207438 196440 41754 3097165 2878817 180872 37476 151729 151729 90742 90742 138307 138307 193843 193843 15571871 14174829 1245816 151226 683877 567617 113495 2765 3357144 2410768 887964 58412 1642302 322402 1230774 89126 2001076 1722317 263420 15339 768642 692956 48896 26790 241364 217529 23115 720 807635 807635 8208182 7042111 1083484 82587 626725 34440 591950 335 BAD DEBT EXPENSE 557043 557043 DUES, MEMBERSHIPS, & SUBSCRIPTIONS 266008 237214 23631 5163 ENTERTAINMENT 81230 49627 31028 575 61137 60691 446 0 135489040 119815616 13707983 1965441 1310409 4493563 17105522 11621162 1191860 867859 2294592 2379129 0 0 0 302882 308215 2133443 1842524 238554429 91932379 132790365 146622050 31295706 32708122 8163277 8115502 0 460744 152601 197048800 209110727 8614005 12857998 7511814 4945105 25200000 25200000 67871 79946 0 13278065 12458460 2564116 4932140 57235871 60473649 X 99830721 107992737 16956482 17361353 23025726 23282988 139812929 148637078 197048800 209110727 X 6879273 -54462 2656012 -656674 X false true X true true true X 19079365 16193578 19829923 20324802 21119986 96547654 0 0 19079365 16193578 19829923 20324802 21119986 96547654 0 96547654 891705 607737 1148594 1252011 1526268 5426315 0 0 102168 109885 130950 88456 128991 560450 102534419 520213508 0.9416 0.9425 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 102168.0, COLUMN B - 109885.0, COLUMN C - 130950.0, COLUMN D - 88456.0, COLUMN E - 128991.0, COLUMN F - 560450.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 138307 false false 138307 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE UNIVERSITY HIRED A FIRM TO RESEARCH AND CONTACT LEGISLATORS, STAFF AND OTHER GOVERNMENT OFFICIALS FOR POSSIBLE GRANT OPPORTUNITIES TO BENEFIT THE UNIVERSITY. MORE SPECIFICALLY FOR FY2019, THE UNIVERSITY UTILIZED THE SERVICES OF PROFESSIONAL LOBBYISTS TO SECURE PAYMENT OF REMAINING FUNDS FOR AWARDS TO UNIVERSITY STUDENTS UNDER THE ILLINOIS MONETARY ASSISTANCE PROGRAM and investigate opportunities for capital grants. 0 1814765 X X X false false true X 41198522 284359 2073450 967103 466598 42122630 43091106 531316 3033813 923420 4534293 41198522 40592926 1282508 4209553 885515 2108366 43091106 45435661 388287 -400328 859067 3971627 40592926 46016920 453578 1208285 777135 1465987 45435661 0.219 0.538 0.243 true false 9704411 9704411 158298483 51689715 106608768 280462 149010 131452 40243976 25910964 14333012 30027097 14182690 15844407 146622050 DEPOSITS 297749 RETIREMENT BENEFIT OBLIGATION 385944 ANNUITIES PAYABLE 470034 GOVT. ADVANCES FOR STUDENT LOANS 145028 FAIR VALUE OF INTEREST RATE SWAPS 272037 ASSET RETIREMENT OBLIGATION 565000 VOLUNTARY SEPARATION PLAN LIABILITY 126243 ADVANCES AND OTHER LIABILITIES 2670105 4932140 X 91549030 -54462 1380868 1326406 90222624 193843 51951846 52145689 142368313 85380893 1950058 1950058 83430835 193843 51864362 52058205 135489040 Schedule D, Part III, Line 4 Collections of art - description of collections 1. COLLECTIONS HELD BY THE UNIVERSITY INCLUDE THE SCHINGOETHE COLLECTION OF NATIVE AMERICAN MATERIALS AND ARTIFACTS. TYPICALLY EACH YEAR, THE SCHINGOETHE CENTER HOSTS A VARIETY OF EVENTS AND PROGRAMS DESIGNED TO HELP INFORM ABOUT MANY ASPECTS OF NATIVE AMERICAN CULTURES, BOTH IN HISTORICAL AND CONTEMPORARY CONTEXTS. 2. THE JENKS COLLECTION OF ADVENTIST MATERIAL IS THE SECOND LARGEST COLLECTION OF HISTORIC ADVENT CHRISTIAN BOOKS, MURALS, PHOTOGRAPHS, AND OTHER MATERIALS THAT ARE AVAILABLE FOR RESEARCH. THE JENKS COLLECTION IS MANAGED WITHIN THE PHILLIPS LIBRARY. Schedule D, Part IV, Line 2b Explanation of escrow agreement Aurora University has custodial account liabilities for the various Student Organizations. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS OF THE UNIVERSITY PROVIDE SCHOLARSHIP, OPERATIONAL AND FACILITIES SUPPORT TO THE UNIVERSITY AND ITS LOCATIONS IN AURORA, ILLINOIS, WILLIAMS BAY, WISCONSIN AND WOODSTOCK, ILLINOIS. MANY OF THE FUNDS ARE RESTRICTED TO SCHOLARSHIP PURPOSES, HOWEVER A SUBSTANTIAL AMOUNT OF FUNDS ARE BOARD DESIGNATED, OR QUASI-ENDOWMENT FUNDS PROVIDING STRATEGIC FINANCIAL RESOURCES TO THE UNIVERSITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote On September 4, 1941, the university was recognized as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and, except for taxes pertaining to unrelated business income, is exempt from federal and state income taxes. No provision has been made for income taxes in the accompanying financial statements, as the university has had no significant unrelated business income. The university is not classified as a private foundation. Management has determined there are no material uncertain positions that require recognition in the financial statements. There is no interest or penalties recognized in the statements of activities or statements of financial position. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FINANCIAL AID EXPENSE - 1391292 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -569190 COST OF GOODS SOLD FROM INVENTORY - 558766 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHOLARSHIPS AND AID - 35173899 GOVERNMENT GRANT EXPENSE - 16690463 ADJUSTMENT OF ANNUITY - 64484 CHANGE IN ASSET RETIREMENT OBLIGATION - 23000 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FINANCIAL AID EXPENSE - 1391292 COST OF GOODS SOLD FROM INVENTORY - 558766 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIPS AND AID - 35173899 GOVERNMENT GRANT EXPENSE - 16690463 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY A STATEMENT INDICATING THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES, CATALOGS AND ANNOUNCEMENTS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, AND IS PRESENT ON THE UNIVERSITY'S WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AURORA UNIVERSITY RECEIVED FINANCIAL AID FROM GOVERNMENTAL AGENCIES WHICH INCLUDE THE DEPARTMENT OF EDUCATION. Central America and the Caribbean 0 0 Investments N/A 1303047 Europe (Including Iceland and Greenland) 0 0 ,EDUCATION/STUDY ABROAD PROGRAMS N/A 26636 0 0 0 0 0 0 1329683 0 1329683 false false false true false false true COMMUNITIES IN SCHOOLS OF AURORA INC 444 W GALENA BLVD SUITE 202 AURORA IL 60506 363909467 501C3 12784 FEDERAL WORK STUDY PROGRAM FOX VALLEY PARK DISTRICT 101 W ILLINOIS AVE AURORA IL 60506 366001059 FOX VALLEY PARK DIST 17533 FEDERAL WORK STUDY PROGRAM 2 0 SCHOLARSHIPS 4451 50780363 Diversifying Higher Education Faculty in Illinois Fellowship 2 27000 Nurse Educator Fellowship 1 10000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE FINANCIAL AID OFFICE CLOSELY MONITORS ANY CHANGES IN THE STATUS OF FINANCIAL AWARD RECIPIENTS THAT WOULD RESULT IN A CORRESPONDING CHANGE IN THE AMOUNT OF AID AWARDED. ANY SUCH CHANGES ARE AUTOMATICALLY DETECTED AND REPORTED BY A SERIES OF SPECIAL REPORTS THAT ARE RUN ON A REGULAR BASIS. MOREOVER, THE OFFICE OF STUDENT ACCOUNTS ENSURES THAT THE CHARGES TO WHICH THE FINANCIAL AID AWARDS ARE APPLIED ARE CONSISTENT WITH THE INTENDED USE OF THE AWARDS. X true true X X X X X false false false false false false false true false REBECCA L SHERRICK PHD PRESIDENT 404842 0 100000 0 43979 0 16500 0 8239 0 573560 0 0 0 SHARON W MAXWELL TREASURER 190551 0 30000 0 654 0 11458 0 69 0 232732 0 0 0 FRANK BUSCHER VICE PRESIDENT FOR ACADEMIC AFFAIRS 244624 0 12000 0 2542 0 14832 0 6072 0 280070 0 0 0 DONNA M DESPAIN EXECUTIVE VICE PRESIDENT FOR ENROLLMENT 421876 0 0 0 3078 0 16936 0 9761 0 451651 0 0 0 LORA L DELACEY SENIOR VICE PRESIDENT FOR STUDENT LIFE 230198 0 15000 0 2439 0 14284 0 8083 0 270004 0 0 0 JAMES LANCASTER VICE PRESIDENT FOR ENROLLMENT 200000 0 20000 0 690 0 12000 0 432 0 233122 0 0 0 MARGARET HOWES VICE PRESIDENT FOR DEVELOPMENT 187353 0 10000 0 1290 0 2000 0 11903 0 212546 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE TOTAL PRESIDENTIAL COMPENSATION PACKAGE INCLUDES A HOUSING ALLOWANCE. THE HOUSING ALLOWANCE IS TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 7 Non-fixed payments CERTAIN EMPLOYEES RECEIVED DISCRETIONARY MERIT BONUSES BASED ON THEIR PERFORMANCE. A CITY OF AURORA KANE DUPAGE WILL AND KENDALL COUNTIES ILLINOIS 366005778 051648BC6 2004-11-17 12000000 TO FINANCE VARIOUS CAPITAL EXPENDITURES false false false A 0 0 12441259 0 0 0 167587 0 9572 12264100 0 0 2006 false false true true A false false false false 0.0 0.0 0.0 false false true A true false false true true true BMO CAPITAL MARKETS 5.0 false false false false true A true Schedule K, Part II, Line 3 Total proceeds of issue includes $441,259 of interest earnings X 8 164419 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The number of contributors is being reported. Form 990, Part VI, Line 15b Process to establish compensation of other officers and key employees Compensation for officers and key employees, when applicable, of the University is reviewed on an annual basis. Comparable market data is used by the human resource department and President when evaluating an individual's compensation and changes to compensation are documented in detail in the employee's record. Changes in compensation are approved by the President, as well as through the Board of Trustees through the annual budgetary process. Form 990, Part VI, Line 1a Delegate broad authority to a committee Pursuant to Article V, Section 3 of the Bylaws, The EXECUTIVE COMMITTEE shall be responsible for discharging any and all of the powers of the board of trustees as permitted by law when the full body is not in session. In addition, the committee shall oversee the development and the implementation of the institution's strategic and operating plans. The chair of the board of trustees shall be the chair of the executive committee. The committee shall meet a minimum of two times annually and shall submit regular reports to the board of trustees. Special meetings may be called by the chair, the president or at least three members of the committee. All members of the board of trustees shall receive notifications regarding meetings of the executive committee and are welcome upon invitation to participate in such sessions. The members of the executive committee, in addition to the chair of the board and the president of the university, shall be the vice chair(s) of the board, the immediate past chair of the board (or the most immediate past chair eligible to sit on the committee), the chairs of the standing committees and one or more at-large trustee members appointed by the chair of the board of trustees at the annual meeting. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JOHN D. SIMMS, JR. (TRUSTEE) AND MICHELLE P. SIMMS (TRUSTEE) - Family relationship Form 990, Part VI, Line 4 Significant changes to organizational documents THE BYLAWS WERE REVISED IN APRIL 2019. THE CHANGES INCLUDED SLIGHT ADMINISTRATIVE CHANGES INCLUDING A REDUCTION IN THE MINIMUM AND MAXIMUM NUMBER OF TRUSTEES REQUIRED. Form 990, Part VI, Line 11b Review of form 990 by governing body AUDIT COMMITTEE MEMBERS AND THE CHAIRS OF THE TRUSTEE AND COMPENSATION COMMITTEES, AND CHAIRMAN OF THE BOARD OF TRUSTEES ARE RESPONSIBLE FOR REVIEWING THE DRAFT FORM 990 PRIOR TO FILING. THE DRAFT FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE SECRETARY OF THE BOARD OF TRUSTEES IS CHARGED WITH CONTACTING ALL BOARD MEMBERS TO COMPLETE THE ANNUAL CONFLICT OF INTEREST FORM. FOLLOW-UP REQUESTS ARE MADE UNTIL THE FORM HAS BEEN COMPLETED. FOR STAFF, THE VICE PRESIDENT FOR FINANCE SENDS A REQUEST TO ALL STAFF WHO ARE REQUIRED TO COMPLETE THE ANNUAL CONFLICT OF INTEREST FORM. FOLLOW-UP REQUESTS ARE MADE UNTIL THE FORM HAS BEEN COMPLETED. THE CHAIR OF THE TRUSTEE COMMITTEE REVIEWS ALL CONFLICT OF INTEREST STATEMENTS SUBMITTED BY ALL TRUSTEES. IF CONFLICTS REQUIRE ADDITIONAL REVIEW, THE UNIVERSITY BY-LAWS PROVIDES FOR A SPECIAL COMMITTEE TO BE FORMED TO ADDRESS SUCH CONFLICTS. IN ADDITION, CONFLICTS OF INTEREST DISCUSSION IS ON ALL MEETING AGENDAS. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION ON AN ANNUAL BASIS. THE DELIBERATIONS REGARDING COMPENSATION DECISIONS OF THE COMMITTEE ARE DOCUMENTED. THE EXECUTIVE COMMITTEE IS CURRENTLY IN THE PROCESS OF REVIEWING PRESIDENTIAL COMPENSATION BASED ON AMOUNTS REPORTED ON THE 2017 FORMS 990 FOR COMPARABLE INSTITUTIONS ALONG WITH RESULTS PROVIDED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) ADMINISTRATORS IN HIGHER EDUCATION SURVEY. Form 990, Part VI, Line 19 Required documents available to the public THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue OTHER - Total Revenue: 128991, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 128991; advertising - Total Revenue: 14750, Related or Exempt Function Revenue: , Unrelated Business Revenue: 14750, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Fees Online class management / information technology services - Total Expense: 5125579, Program Service Expense: 4665734, Management and General Expenses: 410068, Fundraising Expenses: 49777; Catering services - Total Expense: 2980161, Program Service Expense: 2712793, Management and General Expenses: 238426, Fundraising Expenses: 28942; Honoraria - Total Expense: 247899, Program Service Expense: 225659, Management and General Expenses: 19833, Fundraising Expenses: 2407; Officiating services - Total Expense: 75966, Program Service Expense: 69150, Management and General Expenses: 6078, Fundraising Expenses: 738; Other professional services - Total Expense: 7142266, Program Service Expense: 6501493, Management and General Expenses: 571411, Fundraising Expenses: 69362; Form 990, Part XI, Line 9 Other changes in net assets or fund balances ADJUSTMENT OF ANNUITIES - -64484; CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -569190; CHANGE IN ASSET RETIREMENT OBLIGATION - -23000;