2020-04-03T13:40:44-05:00 2019-06-30 560574444 CHERRY BEKAERT LLP 2626 GLENWOOD AVENUE STE 200 RALEIGH NC 27608 990 2018-07-01 560530242 MEREDITH COLLEGE MERE 9197608516 3800 HILLSBOROUGH STREET RALEIGH NC 27607 CRAIG M BARFIELD VP FOR BUSINESS & FINANCE 9197608516 2020-03-30 1 AMANDA ADAMS P00748038 9197821040 75.138.101.114 2020-03-30 14:32:54 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7F6CCF0CB4081015FD8E7383A60227A55661592A 2018 2020-09-23 17:36:50Z DR JO ALLEN 3800 HILLSBOROUGH STREET RALEIGH NC 27607 92794232 0 X WWW.MEREDITH.EDU X 1891 NC FOUNDED IN 1891, MEREDITH COLLEGE IS ONE OF THE LARGEST INDEPENDENT WOMEN'S COLLEGES IN THE U.S. MEREDITH OFFERS COMPREHENSIVE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR UNDERGRADUATE WOMEN. MEREDITH ALSO OFFERS COEDUCATIONAL M.B.A., M.A.T., M.ED. AND M.S. IN NUTRITION PROGRAMS, M.A. IN PSYCHOLOGY, AND COEDUCATIONAL BUSINESS, PARALEGAL, DIETETICS AND PRE-HEALTH CERTIFICATE PROGRAMS. 35 35 1372 350 -31145 -17959 10226063 7881754 73300732 73332216 6838547 4954699 10101 20460 90375443 86189129 25812542 27420080 0 0 32256200 31599466 22100 0 1564115 26653582 26158738 84744424 85178284 5631019 1010845 198555048 196924752 67428779 66096848 131126269 130827904 X MEREDITH COLLEGE, GROUNDED IN THE LIBERAL ARTS AND COMMITTED TO PROFESSIONAL PREPARATION, EDUCATES AND INSPIRES STUDENTS TO LIVE WITH INTEGRITY AND PROVIDE LEADERSHIP FOR THE NEEDS, OPPORTUNITIES AND CHALLENGES OF SOCIETY. 0 0 65861104 27420080 64235071 EDUCATIONAL AND GENERAL EXPENSES: INSTRUCTIONAL, PUBLIC SERVICE, LIBRARY, STUDENT SERVICES, PLANT OPERATIONS, STUDENT AID. MEREDITH COLLEGE IS GOING STRONG. CHARTERED IN 1891, MEREDITH IS ONE OF THE NATION'S LARGEST INDEPENDENT PRIVATE WOMEN'S COLLEGES. OUR STUDENT BODY HAS GROWN TO NEARLY 2,000 AND INCLUDES MEN AT THE GRADUATE LEVEL IN BUSINESS, EDUCATION, AND NUTRITION; POSTBACCALAUREATE CERTIFICATES IN PRE-HEALTH AND BUSINESS; A PARALEGAL PROGRAM, AND MORE. MEREDITH CHALLENGES STUDENTS TO EXPLORE THEIR INTERESTS, EXPAND THEIR SKILLS, AND BUILD ON THEIR STRENGTHS. OUR GRADUATES GO ON TO USE THEIR INTELLECT AND ABILITIES TO MAKE A POSITIVE IMPACT ON THE WORLD. U.S. NEWS, THE PRINCETON REVIEW AND FORBES.COM HAVE ALL INCLUDED MEREDITH IN THEIR "BEST COLLEGES" LISTS.SCHOLARSHIPS AND GRANTS: THE COLLEGE PROVIDES APPROXIMATELY 1,579 STUDENTS WITH SCHOLARSHIPS AND GRANTS TO ASSIST IN THE PURSUIT OF UNDERGRADUATE AND GRADUATE DEGREES. 8993772 9097145 AUXILIARY ENTERPRISES: THE COLLEGE PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, APARTMENTS, DINING, BOOKSTORE AND MAIL SERVICES. 74854876 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2911 0 1 1372 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X CRAIG M BARFIELD 9197608516 3800 HILLSBOROUGH ST RALEIGH NC 27607 LESLIE LANDIS HAYES CHAIR 1.00 X 0 0 0 CAROLYN LEITH VICE CHAIR 1.00 X 0 0 0 CHRISTIE BISHOP BARBEE MEMBER 1.00 X 0 0 0 MARGARET BEALE MEMBER 1.00 X 0 0 0 ELIZABETH TRIPLETT BEAM MEMBER 1.00 X 0 0 0 NANCY WILLIAMS CHEEK MEMBER 1.00 X 0 0 0 ADRIENNE COLE MEMBER 1.00 X 0 0 0 THOMAS EH CONWAY JR MEMBER 1.00 X 0 0 0 JO COOPER MEMBER 1.00 X 0 0 0 JAVIER DIAZ DE LEON MEMBER 1.00 X 0 0 0 MARY DOSSENBACH MEMBER 1.00 X 0 0 0 ROBERT W EAVES JR MEMBER 1.00 X 0 0 0 SAM E EWELL JR MEMBER 1.00 X 0 0 0 ELLA FRANTZ MEMBER 1.00 X 0 0 0 BETSY PORTER FRITSCHEL MEMBER 1.00 X 0 0 0 JENA MUNTZ GALLAGHER MEMBER 1.00 X 0 0 0 SHEPARD HALSCH MEMBER 1.00 X 0 0 0 ALMA AMMONS HOFFMANN MEMBER 1.00 X 0 0 0 ANN BATSON JAMES MEMBER 1.00 X 0 0 0 PHILLIP J KIRK JR MEMBER 1.00 X 0 0 0 BILLY D MADDALON MEMBER 1.00 X 0 0 0 JENN MANN MEMBER 1.00 X 0 0 0 CAROL LANCASTER MILANO MEMBER 1.00 X 0 0 0 LORIANN MESSINA MOSCATO MEMBER 1.00 X 0 0 0 SARAH PARKER MEMBER 1.00 X 0 0 0 LISA ROBIE POOLE MEMBER 1.00 X 0 0 0 GWEN REYNOLDS MEMBER 1.00 X 0 0 0 NANCY PENTECOST SISKA MEMBER 1.00 X 0 0 0 CLAIRE SLAUGHTER MEMBER 1.00 X 0 0 0 SILDA WALL SPITZER MEMBER 1.00 X 0 0 0 FRANCES JENNINGS TETER MEMBER 1.00 X 0 0 0 DONNA WILSON THAGARD MEMBER 1.00 X 0 0 0 RICHARD URQUHART MEMBER 1.00 X 0 0 0 DAVID WARREN MEMBER 1.00 X 0 0 0 HEATHER CLARK WARREN MEMBER 1.00 X 0 0 0 JO ALLEN PRESIDENT 40.00 X 342142 0 41917 N JEAN JACKSON VP COLLEGE PROGRAMS 40.00 X 184598 0 16493 CRAIG BARFIELD VP FOR BUSINESS AND FINANCE 40.00 X 180105 0 10145 MATTHEW POSLUSNY SENIOR VP & PROVOST 40.00 X 182581 0 17178 CHARLES BARTON VP INSTITUTIONAL ADVANCEMENT 40.00 X 182819 0 9945 KRISTIE OGILVIE DEAN 40.00 X 177513 0 21125 ELIZABETH WOLFINGER DEAN 40.00 X 156579 0 8521 JEFFREY HOWLETT CIO 40.00 X 147720 0 16021 NATHAN WOOLARD ASSISTANT PROFESSOR 40.00 X 136937 0 11967 JEFFRY LANGENDERFER ASSOCIATE PROFESSOR 40.00 X 129715 0 13748 1820709 0 167060 26 0 1 0 ARAMARK CORPORATION 27310 NETWORK PLACE CHICAGO IL 606731273 DINING AND FACILITIES MGMT. 3564457 INLAND CONSTRUCTION COMPANY 3709 AUBURN CHURCH ROAD STE B GARNER NC 27529 CONSTRUCTION 619435 DAVID FLETCHER DBA CAROLINA EARTHSCAPES 1841 NORTH NC 119 MEBANE NC 27302 FACILITIES CONTRACTOR 313656 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER CHICAGO IL 60693 IT SERVICES 289315 BENNETT'S WELDING 80 HH MCKOY LANE FUQUAYVARINA NC 27526 FACILITIES CONTRACTOR 280910 9 44730 283007 7554017 289461 7881754 TUITION AND FEES 900099 62741536 62741536 HOUSING, DINING & OTHER 900099 9097145 9097145 WORKSHOPS & OTHER FEES 900099 1493535 1493535 73332216 1367309 -31145 1398454 9636907 529467 5777697 801287 3859210 -271820 3587390 3587390 46579 44730 26119 20460 20460 86189129 73332216 -31145 5006304 27420080 27420080 1167923 930835 193875 43213 23507519 18735492 3902249 869778 1212406 966288 201259 44859 3741303 2981819 621056 138428 1970315 1570341 327072 72902 117188 117188 215901 215901 381432 381432 1896182 1511257 314766 70159 1262285 1186548 75737 405074 322844 67242 14988 2029213 2029213 4668607 4388491 280116 385704 385704 EXPENDITURES OF RESTRIC 3529273 3529273 PROGRAM ACTIVITIES 3099177 2470044 514463 114670 ADMINISTRATIVE AND OVER 2739632 2183487 454779 101366 FOOD AND FOOD SERVICE 1942958 1942958 3486112 2685906 706454 93752 85178284 74854876 8759293 1564115 16867215 13726931 5539207 5528423 4534192 1203531 24069 47520 177980 146615090 83530391 66090910 63084699 72940698 77644789 31223203 34346076 424870 269235 910684 895568 198555048 196924752 3836753 3340227 532131 557914 48625579 47152676 433829 467453 3125000 3025000 10875487 11553578 67428779 66096848 X 26637428 23060209 30584355 29990176 73904486 77777519 131126269 130827904 198555048 196924752 X 1010845 -363046 -946164 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 113533181 4631425 3562062 2647131 3377860 115701677 104762705 5034435 7762488 2290322 1736125 113533181 94303471 2846969 11478429 2224032 1642132 104762705 96523500 4294862 -2734015 2228528 1552348 94303471 93872324 6035911 177435 2308463 1253707 96523500 0.19250 0.65960 0.14790 0 0 128550 351485 480035 130556886 74825053 55731833 15189322 8705338 6483984 388847 388847 63084699 FUND OF FUNDS 27270668 F PRIVATE EQUITY 3241686 F PRIVATE REAL ESTATE FUNDS 257264 F TIMBER 75809 F REITS 3500649 F 34346076 STUDENT DEPOSITS 148540 ACCRUED RETIREMENT OBLIGATIONS 9312482 DUE TO DONORS OF TRUSTS 267656 ASSET RETIREMENT OBLIGATION 1824900 11553578 X 58488041 -363046 -27393961 -27757007 86245048 215901 -271820 -55919 86189129 58786406 271820 972283 1244103 57542303 215901 27420080 27635981 85178284 PART IV, LINE 2B: THE COLLEGE HOLDS FUNDS IN A CUSTODIAL CAPACITY FOR STUDENT ORGANIZATIONS AND A RELATED ENTITY, COOPERATING RALEIGH COLLEGES. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 519 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE COLLEGE'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2019 AND 2018 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONAL GRANTS SHOWN NET OF TUITION ON FINANCIALS -27,420,080. SPECIAL EVENT EXPENSES REPORTED NET OF REVENUE 26,119. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF REAL ESTATE -271,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED NET OF REVENUE 26,119. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS 946,164. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL GRANTS SHOWN NET OF TUITION ON FINANCIALS 27,420,080. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MEREDITH'S FULL NONDISCRIMINATION POLICY IS PRINTED IN COLLEGE PUBLICATIONS SUCH AS THE UNDERGRADUATE CATALOGUE WHICH IS DISTRIBUTED IN PRINT FORM AND ON THE COLLEGE'S WEBSITE. IN ADDITION, IT IS ALSO PUBLISHED IN UNDERGRADUATE AND GRADUATE RECRUITMENT MATERIALS. SCHEDULE E, PART I, LINE 6 IN FURTHERANCE OF ITS EDUCATIONAL MISSIONS, MEREDITH COLLEGE RECEIVES FUNDS IN SUPPORT OF ITS STUDENTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES STUDY ABROAD/ALUMNI TRAVEL 743510 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 94493 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 24137910 0 1 0 0 0 1 24975913 0 24975913 1 0 1 1 0 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. PART IV, LINE 3 ALTHOUGH THE COLLEGE HAD AN OWNERSHIP IN CERTAIN FOREIGN CORPORATIONS (INVESTMENTS) DURING THE TAX YEAR, THE INVESTMENT AMOUNT WAS NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 5471. PART IV, LINE 4 MEREDITH COLLEGE IS AN INVESTOR IN ONE OR MORE PASSIVE FOREIGN INVESTMENT COMPANIES ("PFICS"). THEY RECEIVED NO TAXABLE DISTRIBUTIONS FROM ANY OF THE FUNDS DURING FISCAL YEAR 2019. FORM 8621 IS NOT REQUIRED DUE TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). GOLF TOURNAMENT 24095 11360 12735 7905 1951 AUTISM GALA 67214 33370 33844 4530 7250 1285 3198 91309 44730 46579 12435 7250 1285 5149 26119 20460 1 INSTITUTIONAL GRANTS, FINANCIAL AID & SCHOLARSHIPS 1579 0 27420080 TUITION RATES FINANCIAL AID AND SCHOLARSHIPS PART I, LINE 2: MEREDITH COLLEGE FINANCIAL ASSISTANCE OFFICE HAS SYSTEMS AND INTERNAL PROCEDURES IN PLACE THAT ENSURES THE PROPER DETERMINATION, DISBURSEMENT AND MONITORING OF GRANTS AND SCHOLARSHIPS. THESE SYSTEMS AND PROCEDURES COMPLY WITH THE FEDERAL STUDENT TITLE IV AID REGULATIONS, NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY RULES, AND INSTITUTIONAL POLICIES. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 JO ALLEN PRESIDENT 338974 0 0 0 3168 0 31750 0 10167 0 384059 0 0 0 N JEAN JACKSON VP COLLEGE PROGRAMS 178502 0 0 0 6096 0 9118 0 7375 0 201091 0 0 0 CRAIG BARFIELD VP FOR BUSINESS AND FINANCE 180105 0 0 0 0 0 9005 0 1140 0 190250 0 0 0 MATTHEW POSLUSNY SENIOR VP & PROVOST 180517 0 0 0 2064 0 9896 0 7282 0 199759 0 0 0 CHARLES BARTON VP INSTITUTIONAL ADVANCEMENT 177455 0 0 0 5364 0 9005 0 940 0 192764 0 0 0 KRISTIE OGILVIE DEAN 177033 0 0 0 480 0 9707 0 11418 0 198638 0 0 0 ELIZABETH WOLFINGER DEAN 155663 0 0 0 916 0 7633 0 888 0 165100 0 0 0 JEFFREY HOWLETT CIO 147301 0 0 0 419 0 7962 0 8059 0 163741 0 0 0 PART I, LINE 1A THE PRESIDENT IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AS WELL AS HOUSEKEEPING SERVICES FOR THE CONVENIENCE OF THE COLLEGE SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. FOR THE BENEFIT AND CONVENIENCE OF THE COLLEGE, THE PRESIDENT'S RESIDENCE SHALL BE AVAILABLE, AND SHALL BE USED, FOR COLLEGE-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THE APPROXIMATE RENTAL VALUE OF THE HOME IS $3,500 PER MONTH. THESE ARE TREATED AS NONTAXABLE BENEFITS. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PLG2 2016-09-29 8826029 SEE PART VI 0 0 0 B NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PMH9 2018-03-29 40960158 SEE PART VI 0 0 0 A 345000 8926117 176521 8749596 2009 0 1 1 1 B 1135000 41026605 596792 40429813 2009 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 FORM 990, SCHEDULE K, PART I, LINE A, COLUMN (F): TO ADVANCE REFUND $7,800,000 IN AGGREGATE PRINCIPAL AMOUNT OF OUTSTANDING 2008A BONDS INITIALLY ISSUED ON APRIL 3, 2008 AND PAY RELATED ISSUANCE COSTS. FORM 990, SCHEDULE K, PART I, LINE B, COLUMN (F): TO CURRENTLY REFUND OUTSTANDING 2008A AND 2008B BONDS INITIALLY ISSUED ON APRIL 3, 2008 AND PAY RELATED ISSUANCE COSTS. FORM 990, SCHEDULE K, PART II, COLUMNS A & B, LINE 3: THE DIFFERENCE BETWEEN THE AMOUNTS ON LINE 3 AND THE ISSUE PRICES LISTED IN PART I, COLUMN E, IS DUE TO INVESTMENT EARNINGS ON BOND PROCEEDS PENDING DISBURSEMENT. FORM 990, SCHEDULE K, PART II, COLUMN A, LINE 11: $8,744,938 WAS APPLIED TO REDEEM OUTSTANDING 2008A BONDS. $4,658 WAS USED TO PAY INTEREST ON 2016 BONDS. FORM 990, SCHEDULE K, PART II, COLUMN B, LINE 11: $90,386 WAS USED TO PAY DEBT SERVICE ON 2018 BONDS. $40,339,427 WAS APPLIED TO REDEEM OUTSTANDING 2008A AND 2008B BONDS. X 41 289461 FMV 0 0 1 1 PART I, LINE 32B: FOR GIFTS OF REAL ESTATE TO THE COLLEGE, AN AGENT IS SELECTED BY THE COLLEGE TO SELL THE PROPERTY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS MADE UP OF 8 TO 10 MEMBERS. THE PURPOSE OF THE COMMITTEE IS TO SERVE AT THE PLEASURE OF THE BOARD AND HAVE AUTHORITY TO ACT FOR THE BOARD ON ALL MATTERS EXCEPT AS OTHERWISE PROVIDED BY LAW AND EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION, TRUSTEE AND BOARD OFFICER ELECTION, CHANGES IN INSTITUTIONAL MISSION AND PURPOSE, INCURRING CORPORATE INDEBTEDNESS, SALE OF COLLEGE ASSETS, ADOPTION OF ANNUAL BUDGET, AND CONFERRAL OF DEGREES OR TENURE. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS AND FINANCE COMMITTEE WILL REVIEW AND APPROVE THE 990. FOR PRIVACY PURPOSES, THE FULL BOARD ONLY RECEIVES A PUBLIC DISCLOSURE COPY OF THE 990 FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. HOWEVER, THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AFFAIRS COMMITTEE MONITORS THE TRUSTEES' CONFLICT OF INTEREST POLICY INCLUDING DISTRIBUTING, COLLECTING, AND REVIEWING CONFLICT OF INTEREST FORMS ANNUALLY. IN ADDITION, THE CHAIR OF THE INVESTMENT COMMITTEE REVIEWS CONFLICT OF INTEREST FORMS FOR THE MEMBERS OF THAT COMMITTEE FOR ANY POTENTIAL CONFLICT SPECIFICALLY RELATED TO THEIR ROLE ON THAT COMMITTEE. IN THE EVENT OF A CONFLICT, THE INDIVIDUAL INVOLVED WOULD RECUSE THEMSELVES FROM ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. THE COMMITTEE RELIES UPON DATA FROM COMPARABLE COLLEGES OBTAINED BY NCICU AND FROM FORMS 990 OF SIMILARLY SITUATED COLLEGES AND UNIVERSITIES. IN ADDITION, THE COMMITTEE ALSO CONSIDERS THE RESULTS OF THE PRESIDENT'S ANNUAL PERFORMANCE EVALUATION. THE DECISION IS DOCUMENTED IN THE MINUTES OF THE COMMITTEE. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS INDEPENDENTLY REVIEWED ON EVERY SALARY LEVEL. THE COLLEGE REVIEWS SALARY DATA FROM VARIOUS SOURCES, SUCH AS CUPA. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS -946,164. COOPERATING RALEIGH COLLEGES PO BOX 120 RALEIGH NC 27607 237158371 SUPPORT MEMBER INSTITUTIONS NC 501(C)(3) LINE 12A, I N/A 0 CHARITABLE REMAINDER TRUST (4) INVESTMENT NC N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0