2020-05-14T14:17:19-05:00 2019-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2018-07-01 420680372 UPPER IOWA UNIVERSITY UPPE 5634255384 PO BOX 1857 FAYETTE IA 52142 WILLIAM R DUFFY II PRESIDENT 5634255384 2020-05-13 1 LAWRENCE H MOHR CPA P00447603 6128764500 38.88.188.75 2020-05-13 15:04:38 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 EDB264CAD7F9F6CD2E19D356927987B2A35A11B0 2018 2021-01-29 14:40:06Z WILLIAM R DUFFY II PO BOX 1857 FAYETTE IA 52142 69838367 0 X WWW.UIU.EDU X 1857 IA UPPER IOWA UNIVERSITY PROVIDES QUALITY EDUCATIONAL OPPORTUNITIES ACCESSIBLE THROUGH VARIED DELIVERY METHODS TO INSPIRE SUCCESS AND EMPOWER LIVES. 20 18 1655 20 5629 1616 2381232 2171762 64508889 64010575 95159 72662 913377 2295660 67898657 68550659 17339273 17948087 0 0 29773065 30260731 82998 21118 800956 23104819 22491654 70300155 70721590 -2401498 -2170931 124013890 121095876 78242380 78558201 45771510 42537675 X UPPER IOWA UNIVERSITY PROVIDES QUALITY EDUCATIONAL OPPORTUNITIES ACCESSIBLE THROUGH VARIED DELIVERY METHODS TO INSPIRE SUCCESS AND EMPOWER LIVES. 0 1 50518507 17948087 58608225 UPPER IOWA UNIVERSITY SERVED 8,044 STUDENTS WORLDWIDE. THE FAYETTE CAMPUS SERVED 872 TRADITIONAL UNDERGRADUATE STUDENTS, DRAWING THE MAJORITY OF THESE STUDENTS FROM IOWA, MINNESOTA, WISCONSIN AND ILLINOIS. THE UNIVERSITY ALSO HAS A LARGE INTERNATIONAL STUDENT POPULATION. THE INTERNATIONAL AND DOMESTIC STUDENTS MAKE UPPER IOWA UNIVERSITY THE MOST DIVERSE SCHOOL OF ITS SIZE IN IOWA. THE UNIVERSITY IS DIVERSE IN ITS ETHNICITY, RACE, GENDER, ECONOMICS, AND GEOGRAPHY. UNDERGRADUATE DEGREES ARE OFFERED THROUGH THE SCHOOL OF EDUCATION, THE SCHOOL OF BUSINESS, THE SCHOOL OF LIBERAL ARTS AND THE SCHOOL OF SCIENCE AND MATHEMATICS. UPPER IOWA UNIVERSITY OFFERS SEVERAL MASTER'S DEGREES, BOTH ONLINE AND FACE-TO-FACE. MASTER'S DEGREES ARE AVAILABLE IN EDUCATION, BUSINESS ADMINISTRATION, AND PUBLIC ADMINISTRATION. POST-GRADUATE CERTIFICATES ALSO ARE AVAILABLE IN ACCOUNTING, CORPORATE FINANCIAL MANAGEMENT, HUMAN RESOURCE MANAGEMENT, LITERACY COACH, TEACHER LEADERSHIP AND ORGANIZATIONAL DEVELOPMENT. 6840292 0 5673587 AUXILIARY ENTERPRISES - RESIDENCE HALLS, FOOD SERVICES, LOGO STORE, ETC. FOR THE ABOVE STUDENTS. 57358799 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 52 0 1655 1 1 1 1 HK MY VM 0 0 0 1 1 0 0 0 0 0 0 X 20 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X UPPER IOWA UNIV ATTN KATHY FRANKEN INTERIM VP OF FINANCE 5634255868 605 WASHINGTON STREET PO BOX 1857 FAYETTE IA 52142 DENNIS MURDOCK CHAIR 2.00 0.00 X X 0 0 0 STEVE HARMS VICE CHAIR 2.00 0.00 X X 0 0 0 RICHARD ANDRES SECRETARY 2.00 0.00 X X 0 0 0 JOHN FALB TREASURER 2.00 0.00 X X 0 0 0 NANCY BETZ TRUSTEE 2.00 0.00 X 0 0 0 MARY CHEDDIE TRUSTEE 2.00 0.00 X 0 0 0 PETER CLEMENS TRUSTEE 2.00 0.00 X 0 0 0 BILL COOK TRUSTEE 2.00 0.00 X 0 0 0 JOSEM DIAZ TRUSTEE 2.00 0.00 X 0 0 0 MIKE EISCHIED TRUSTEE 2.00 0.00 X 0 0 0 BETTY DAVIS FIRTH TRUSTEE/ADJUNCT INSTRUCTOR 2.00 0.00 X 1863 0 0 ROBERT FIRTH TRUSTEE/ADJUNCT INSTRUCTOR 2.00 0.00 X 4381 0 0 MARGARET LAWSON TRUSTEE 2.00 0.00 X 0 0 0 SCOTT LEBIN TRUSTEE 2.00 0.00 X 0 0 0 ROGER MANGAN TRUSTEE 2.00 0.00 X 0 0 0 MICHELE MATT TRUSTEE 2.00 0.00 X 0 0 0 BERNARD PATTISON TRUSTEE 2.00 0.00 X 0 0 0 MIKE PROCHASKA TRUSTEE 2.00 0.00 X 0 0 0 LOWELL TIEDT TRUSTEE 2.00 0.00 X 0 0 0 NEIL WILKINSON TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM R DUFFY II PRESIDENT 80.00 0.00 X 281021 0 35037 MURTUZA SIDDIQUI CFO 70.00 0.00 X 157962 0 7212 MARTY PARSONS VP OF FINANCE AND ADMINISTRATION 70.00 0.00 X 0 0 0 PHYLLIS JOAN POOR PROVOST 70.00 0.00 X 178036 0 5737 ANDREW WENTHE VP OF EXTERNAL AFFAIRS 60.00 0.00 X 131627 0 12909 ISMAEL BETANCOURT VP FOR INTERNATIONAL 60.00 0.00 X 131254 0 13542 KATHY FRANKEN VP FOR ENROLLMENT 70.00 0.00 X 140379 0 20267 RICK HARTZELL VP OF ATHLETICS 60.00 0.00 X 109330 0 19511 1135853 0 114215 9 0 1 0 ARAMARK SERVICES INC 27310 NETWORK PLACE CHICAGO IL 60673 FOOD SERVICE 2208286 REGISTER MEDIA 400 LOCUST STREET STE 500 DES MOINES IA 50309 ADVERTISING 1163416 MBS DIRECT LLC PO BOX 617 COLUMBIA MO 65205 BOOKSTORE 785672 WILLIAM C KNAPP LC 5000 WESTOWN PKWY STE 400 WEST DES MOINES IA 50266 INSTALLMENT PAYMENTS FOR LEASE/PURCHASE 493105 FAIR PARK PROPERTY GROUP 6737 W WASHINGTON STREET STE 2220 MILWAUKEE WI 53214 INSTALLMENT PAYMENTS FOR LEASE/PURCHASE 476524 28 84200 716857 1370705 2171762 TUITION AND FEES 611600 58336988 58336988 AUXILIARY SERVICES 611710 5673587 5673587 64010575 408589 408589 67689 70587 -2898 -2898 851 -3749 844927 7587 1188441 0 -343514 7587 -335927 -335927 34265 84200 28680 5585 5585 LOSS DISCONTINUED OPS MALAYSIA 523000 1351039 1351039 MISCELLANEOUS 611710 665919 665919 PRINT SHOP 900099 173083 170555 2528 102932 100682 2250 2292973 68550659 64281812 5629 2091456 17948087 17948087 476530 476530 23380399 19516588 3414357 449454 298068 229090 62482 6496 4416462 3134596 1194908 86958 1689272 1410105 246693 32474 16970 16970 126513 126513 136463 136463 21118 21118 148061 77012 71049 1276086 803050 473036 3118000 3041276 76724 5145401 1861682 3244205 39514 1596697 1596697 3339427 3339427 1279221 1199117 62935 17169 149232 143807 5425 1861779 1861779 3070985 3070985 336695 336695 BAD DEBT - UNCOLLECTABL 400000 400000 LEGAL SETTLEMENTS 147122 147122 343002 343002 70721590 57358799 12561835 800956 3868473 1936727 4335750 3601596 1298193 848250 5842562 3499409 158404 4694121 85774 89754 514459 317026 128145883 45724904 84504832 82420979 17953945 17387828 699769 1539398 4751729 4760788 124013890 121095876 5382333 3946306 409091 272727 69987485 72404279 233003 130820 2230468 1804069 78242380 78558201 X 25921381 23168128 6372754 0 13477375 19369547 45771510 42537675 124013890 121095876 X -2170931 956147 -2019051 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 760254 0 0 0 0 1 X 18448500 182472 889414 704579 18815807 17174690 351512 1312780 390482 18448500 14942276 660272 1704206 132064 17174690 11561590 3591327 48112 258753 14942276 11470545 163026 145029 217010 11561590 0.33100 0.66900 0.00000 1 0 3032284 3032284 100506786 27749992 72756794 8997320 6054684 2942636 12451120 10445725 2005395 3158373 1474503 1683870 82420979 STUDENT DEPOSITS AND DEFERRED TUITION 614906 POST RETIREMENT BENEFIT PAYABLE 875759 FEDERAL STUDENT LOAN FUNDS 120738 LEASE PAYABLE 192666 1804069 X 53356021 956147 1860316 2816463 50539558 63014 17948087 18011101 68550659 54552782 1842293 1842293 52710489 63014 17948087 18011101 70721590 PART III, LINE 4: THE UNIVERSITY'S ARTWORK CONSISTS OF VARIOUS SCULPTURES LOCATED THROUGHOUT THE CAMPUS TO BEAUTIFY THE CAMPUS AND HIGHLIGHT THE UNIVERSITY'S DIVERSITY. PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF BANK ACCOUNTS FOR VARIOUS STUDENT GROUPS. PART V, LINE 4: THE UNIVERSITY SPENDS THE DISTRIBUTIONS FROM OUR UNRESTRICTED ENDOWMENT FUNDS FOR OPERATIONS AND FOR THE RESTRICTED PURPOSE FOR ALL RESTRICTED ENDOWMENT FUNDS. THE RESTRICTED ENDOWMENT FUNDS ARE PRIMARILY RESTRICTED FOR STUDENT SCHOLARSHIPS, BUT ALSO INCLUDE SMALL FUNDS FOR EQUIPMENT, PROFESSORSHIPS, LIBRARY BOOKS, AND ATHLETICS. THE DISTRIBUTION IS DETERMINED BY THE SPEND POLICY AND APPROVED BY THE BOARD. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. THE FOREIGN SUBSIDIARIES ARE TAXABLE ENTITIES IN THE COUNTRIES THEY ARE LOCATED. ACCRUED TAX PAYABLE AND INCOME TAX EXPENSE ARE RELATED TO THE FOREIGN SUBSIDIARIES. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING 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 UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019 AND 2018. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 9,059. DIRECT RENTAL EXPENSES 70,587. DIRECT FUNDRAISING EXPENSES 28,680. ELIMINATED DISREGARDED ENTITY REVENUE 1,751,990. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, TUITIONS AND GRANTS 17,948,087. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 28,680. DIRECT RENTAL EXPENSES 70,587. ELIMINATED DISREGARDED ENTITY EXPENSES 1,743,026. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, TUITIONS AND GRANTS 17,948,087. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICIES ARE AVAILABLE ONLINE AT UIU.EDU. NONDISCRIMINATION POLICIES ARE ALSO PUBLISHED IN THE STUDENT HANDBOOK. DURING ENROLLMENT EACH YEAR, STUDENTS SIGN AN AGREEMENT INDICATING THEIR RESPONSIBILITY FOR READING AND UNDERSTANDING THE CONTENTS OF THE HANDBOOK. SCHEDULE E, PART I, LINE 6 FINANCIAL AID WAS RECEIVED FROM THE GOVERNMENT IN THE FORM OF PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG), COLLEGE WORK-STUDY (CWS) PROGRAMS, AND OTHER SMALL GOVERNMENT GRANTS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 354299 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 2 60 INVESTMENTS 1048959 2 60 0 0 2 60 1403258 0 1403258 1 0 1 1 1 0 PART I, LINE 3: ACCRUAL METHOD PART IV, LINE 1: THE UNIVERSITY HOLDS DIRECT INTERESTS IN FOREIGN CORPORATIONS. HOWEVER, THE ORGANIZATION DOES NOT MEET THE FILING REQUIREMENTS OF FORM 926 AS A RESULT. PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE AN ADDITIONAL 8621. PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. X X X X X X X 1 MCALLISTER & QUINN LLC 1030 15TH ST NW STE 590 WASHINGTON DC 20005 SEE LINE 2B, COLUMN (V) RESPONSE 0 445642 88825 356817 445642 88825 356817 IA PRESIDENT'S BALL 90145 84200 5945 10059 7459 PEACOCK CLASSIC 28320 28320 2124 2883 4352 1803 118465 84200 34265 2124 2883 14411 9262 28680 5585 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE PROFESSIONAL FUNDRAISER ASSISTS WITH THE COMPLETION OF GRANT APPLICATIONS. 1 CENTERS ASSISTANCE 1040 14707939 FAYETTE 959 547762 ONLINE 3120 2609973 SELF PACED 299 82413 PART I, LINE 2: STUDENT ENROLLMENT IS MONITORED ON A REGULAR BASIS. AFTER VERIFICATION OF ENROLLMENT EACH TERM, FEDERAL FINANCIAL AID GRANTS ARE APPLIED TO THE STUDENTS' EDUCATIONAL COSTS PER FEDERAL REGULATIONS. STUDENT WITHDRAWALS ARE ALSO MONITORED AND GRANT FUNDS ARE ADJUSTED AND RETURNED AS NECESSARY. EXPENSES AND INCOME FOR OTHER GRANTS ARE TRACKED IN ACCOUNTS SET UP SPECIFICALLY FOR THE GRANT. EACH GRANT IS ASSIGNED A PROJECT INVESTIGATOR THAT OVERSEES THE SPENDING OF THE FUNDS AND ENSURES THEY ARE USED AS INTENDED. X X X 1 1 X X X 1 0 0 0 0 0 0 0 0 WILLIAM R DUFFY II PRESIDENT 268246 0 0 0 12775 0 5396 0 29641 0 316058 0 0 0 MURTUZA SIDDIQUI CFO 129244 0 0 0 28718 0 2892 0 4320 0 165174 0 0 0 PHYLLIS JOAN POOR PROVOST 178036 0 0 0 0 0 3570 0 2167 0 183773 0 0 0 KATHY FRANKEN VP FOR ENROLLMENT 140379 0 0 0 0 0 2986 0 17281 0 160646 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: WHEREAS THERE IS AN EXPECTATION THAT IN THE COURSE OF HIS DUTIES, THE PRESIDENT AND/OR HIS SPOUSE ARE EXPECTED TO ATTEND CERTAIN PROFESSIONAL FUNCTIONS, ENTERTAIN GUESTS OF THE UNIVERSITY, AND BUILD AND MAINTAIN EFFECTIVE RELATIONSHIPS WITH ALUMNI, FRIENDS OF THE UNIVERSITY, MEMBERS OF THE COMMUNITY, AND OTHERS. THE UNIVERSITY SHALL PAY FOR ALL REASONABLE ENTERTAINMENT, TRAVEL, AND SIMILAR COSTS INCURRED BY THE PRESIDENT AND/OR HIS SPOUSE WHILE ACTING ON THE UNIVERSITY'S BEHALF. NOT INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE UNIVERSITY PAYS FOR THE PRESIDENT'S RESIDENCE AND THE RELATED REPAIRS. NOT INCLUDED IN TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT'S CONTRACT PROVIDES FOR THE UNIVERSITY TO PAY HIS FAMILY'S MEMBERSHIP AT BIG ROCK COUNTRY CLUB. INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 4A SEVERANCE - MURTUZA SIDDIQUI $13,333 A IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 4624604Z6 2016-08-25 70940000 SEE PART VI 1 0 0 A 71259595 66038570 1025786 4219155 2012 0 1 1 1 A 0 0 1 1 0 0.01680 0.01680 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 IOWA HIGHER EDUCATION LOAN AUTHORITY - 08/25/2016 ISSUE PART I, COLUMN (F), PURPOSE - PLACED IN AN ESCROW FUND TO BE USED TO ADVANCE REFUND THE UNIVERSITY'S IOWA HIGHER EDUCATION LOAN AUTHORITY'S PRIVATE COLLEGE FACILITY REVENUE AND REFUNDING BONDS (UPPER IOWA UNIVERSITY PROJECT) SERIES 2010 ORIGINALLY ISSUED ON JULY 8, 2010 AND THE IOWA HIGHER EDUCATION LOAN AUTHORITY'S PRIVATE COLLEGE FACILITY REVENUE BONDS (UPPER IOWA UNIVERSITY PROJECT) SERIES 2012 ORIGINALLY ISSUED ON FEBRUARY 12, 2013. PART II, LINE 3, BOND (A): THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE REPORTED IN PART I WHICH REPRESENTS INTEREST EARNINGS ON THE PROCEEDS. 25410 MERIT AND ATHLETIC SCHOLARSHIPS TUITION ASSISTANCE FORM 990, PART III, LINE 3 THE UNIVERSITY DISCONTINUED TEACHING IN MALAYSIA IN DECEMBER, 2018. OPERATIONS CEASED AS OF JUNE, 2019 AFTER SPRING GRADUATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD OF TRUSTEES AND THE PRESIDENT OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE HAS THE POWER TO ACT FOR THE BOARD OF TRUSTEES BETWEEN ITS SESSIONS, ON ISSUES CONSISTENT WITH PRIOR BOARD APPROVAL. THE EXECUTIVE COMMITTEE MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION THAT HAS BEEN RESERVED FOR THE BOARD, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF TRUSTEES TO DO SO. FORM 990, PART VI, SECTION A, LINE 2 ROBERT FIRTH AND BETTY DAVIS FIRTH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER AND THE ACCOUNTANT ASSIST IN THE PREPARATION OF THE FORM 990 AND SUPPORTING SCHEDULES. THE CFO AND CONTROLLER REVIEW THE FINAL DRAFT OF THE FORM 990 AND SUPPORTING SCHEDULES. THE BOARD REVIEWS THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES OR OFFICERS OF UPPER IOWA UNIVERSITY WILL DISCLOSE TO THE BOARD ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. WITH RESPECT TO SPECIFIC TRANSACTIONS INVOLVING SUCH AN INTEREST, THE DISCLOSURE WILL BE MADE AT THE EARLIEST POSSIBLE TIME AND ANNUALLY AFTER THAT. TRUSTEES OR OFFICERS WILL NOT VOTE ON, NOR PARTICIPATE IN DISCUSSING, ANY MATTER IN WHICH THEY HAVE A CONFLICT OF INTEREST, EXCEPT TO PROVIDE INFORMATION. TRUSTEES OR OFFICERS WHO ARE UNCERTAIN ABOUT A POSSIBLE CONFLICT OF INTEREST MAY REQUEST THAT THE BOARD OF TRUSTEES DETERMINE WHETHER A CONFLICT EXISTS. THE GOVERNANCE COMMITTEE, ASSISTANT SECRETARY, AND ASSISTANT TREASURER OF THE BOARD OF TRUSTEES GATHERS AND REVIEWS THE ANNUAL DISCLOSURE FORMS AND DEALS WITH THE INFORMATION APPROPRIATELY AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENTIAL EVALUATION COMMITTEE CONSISTS OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES. THE EVALUATION IS CARRIED OUT IN THE SPRING OF EACH YEAR. THE EVALUATION SHALL INCLUDE BUT NOT BE LIMITED TO THE FOLLOWING: ASSESSMENT OF THE COMPLETION OF THE GOALS SET FOR THE CURRENT YEAR, AND SETTING NEW GOALS FOR THE FOLLOWING YEAR (GOALS SHOULD INCLUDE SPECIFIC ITEMS SUCH AS ENROLLMENT PROJECTIONS ON AND OFF CAMPUS, AMOUNT OF INCOME PROJECTED, AND RAISES). THE PRESIDENTIAL EVALUATION COMMITTEE MET TO REVIEW GOALS, DELIVERABLES FOR THE OVERALL UNIVERSITY AS PRESIDENT, AND MARKET DATA FOR THE POSITION. THE EVALUATION COMMITTEE MET WITH THE PRESIDENT TO DETERMINE GOALS, AND DISCUSSED THE PROCESS AND RECOMMENDATION WITH THE FULL BOARD OF TRUSTEES AT THE WINTER 2019 MEETING, HELD IN FEBRUARY 2019. THE FULL BOARD OF TRUSTEES VOTED TO RENEW THE PRESIDENT'S CONTRACT FOR COMPENSATION AND BENEFITS. THE PRESIDENT NEGOTIATES CONTRACTS AND SETS COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S WEBSITE HAS AN "ABOUT UIU" LINK THAT PROVIDES THE PUBLIC WITH INFORMATION REGARDING OUR MISSION, VISION, STRATEGIC PLAN, AND OTHER NEWS AND INFORMATIONAL ITEMS. THE UNIVERSITY DOES NOT POST THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS ON THE PUBLIC WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 9,059. RESTATED FY18 AUDITED FINANCIAL STATEMENTS -2,028,110. UPPER IOWA UNIVERSITY REAL ESTATE FOUNDATION LLC 605 WASHINGTON STREET FAYETTE IA 52142 EDUCATION IA 0 72392878 UPPER IOWA UNIVERSITY UPPER IOWA UNIVERSITY MALAYSIA FOUNDATION NO 9 JALAN TEKNOLOGI TAMAN SAINS PETALING JAYA SELANGOR MY 47810 EDUCATION MY UPPER IOWA UNIVERSITY 1 UPPER IOWA UNIVERSITY (HONG KONG) LIMITED 3/F MAX SHARE BLDG 373 KINGS ROAD NORTH POINT HK EDUCATION HK UPPER IOWA UNIVERSITY 1 UPPER IOWA UNIVERSITY (HK) 3/F MAX SHARE BLDG 373 KINGS ROAD NORTH POINT HK EDUCATION HK UPPER IOWA UNIVERSITY C 950058 1048959 1.00000 1 UIU MALAYSIA SDN BHD NO 9 JALAN TEKNOLOGI TAMAN SAINS PETALING JAYA SELANGOR MY 47810 EDUCATION MY UPPER IOWA UNIVERSITY C 1.00000 1 CHARITABLE REMAINDER UNITRUST (1) CHARITABLE TRUST IA N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE REMAINDER UNITRUST S 215101 CASH