2020-03-31T13:49:45-05:00 2019-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVE FLOOR 32 MILWAUKEE WI 53202 990 2018-06-01 470376551 MIDLAND UNIVERSITY MIDL 4027215480 900 NORTH CLARKSON STREET FREMONT NE 68025 JODI BENJAMIN VP OF FINANCE AND ADMINISTRATION 4029416142 2020-03-30 1 TROY MARINE CPA P00187863 4147775500 2020-03-30 71.159.58.30 2020-03-30 21:10:59 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AE93E721A4DD0EED093D4162907705053E696DB9 2018 2020-09-23 17:36:50Z JODI BENJAMIN 900 NORTH CLARKSON STREET FREMONT NE 68025 53858130 0 X WWW.MIDLANDU.EDU X 1883 NE MIDLAND UNIVERSITY INSPIRES PEOPLE TO LEARN AND LEAD IN THE WORLD WITH PURPOSE. WE ARE A LIBERAL ARTS COLLEGE AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. THE UNIVERSITY HOLDS THE FOLLOWING CORE VALUES TO BE THE FOUNDATION OF OUR IDENTITY AS A COMMUNITY: FAITH, LEARNING, QUALITY, RESPECT, AND STEWARDSHIP. 13 11 855 100 0 0 8540175 5978389 43690279 44939502 831707 1079000 11635 14771 53073796 52011662 20004834 21382248 0 0 14691916 14968711 0 0 906202 12312710 13314766 47009460 49665725 6064336 2345937 66862782 67371020 20664068 19875757 46198714 47495263 MIDLAND UNIVERSITY INSPIRES PEOPLE TO LEARN AND LEAD IN THE WORLD WITH PURPOSE. 0 0 29363069 21382248 39213640 INSTRUCTION:MIDLAND UNIVERSITY OFFERS MULTIPLE DEGREES INCLUDING BACHELORS DEGREES IN BUSINESS, EDUCATION AND NURSING, AS WELL AS A MASTERS IN BUSINESS ADMINISTRATION AND EDUCATION. THE 2018-2019 ENROLLMENT WAS 26 NONTRADITIONAL UNDERGRADUATE STUDENTS, 1212 TRADITIONAL STUDENTS IN THE FALL, 28 NON-TRADITIONAL AND 1078 TRADITIONAL STUDENTS IN THE SPRING, AND 152 GRADUATE STUDENTS. 9379417 390099 ACADEMIC SUPPORT:ACADEMIC SUPPORT INCLUDES THE LIBRARY, ADMISSIONS, FINANCIAL AID, INFORMATION TECHNOLOGY AND THOSE FUNCTIONS THAT DIRECTLY SUPPORT INSTRUCTION. 4522126 5335763 AUXILIARY ENTERPRISES:AUXILIARY ENTERPRISES AT MIDLAND UNIVERSITY ARE COMPRISED OF 9 RESIDENCE HALLS OR ON-CAMPUS APARTMENTS, A DINING FACILITY, AND A BOOKSTORE FOR FACULTY, STAFF AND STUDENTS. 606 STUDENTS RESIDED IN STUDENT HOUSING DURING FALL 2018 AND 520 STUDENTS DURING SPRING 2019. 43264612 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 49 0 855 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JODI BENJAMIN 4029416102 900 NORTH CLARKSON STREET FREMONT NE 68025 MIKE HERRE DIRECTOR 1.00 1.00 X 0 0 0 ROGER LAMBOURN DIRECTOR 1.00 1.00 X 0 0 0 RYAN TALIAFERRO DIRECTOR 1.00 1.00 X 0 0 0 STEVE PRIBNOW DIRECTOR 1.00 1.00 X 0 0 0 RANDY EIKMEIER DIRECTOR 1.00 1.00 X 0 0 0 JODY HORNER PRESIDENT 40.00 X X 318615 0 27641 MARK FAHELSON DIRECTOR 1.00 1.00 X 0 0 0 STEVE FEYE DIRECTOR 1.00 1.00 X 0 0 0 PEGGY HALL DIRECTOR 1.00 1.00 X 0 0 0 RYAN HENDRICKSON DIRECTOR 1.00 1.00 X 0 0 0 TOM WALKER DIRECTOR 1.00 1.00 X 0 0 0 KARI RIDDER DIRECTOR 1.00 1.00 X 0 0 0 BRIAN MAAS DIRECTOR 1.00 1.00 X 0 0 0 JODI BENJAMIN VP FINANCE AND ADMIN 40.00 X 149933 0 21817 SUSAN KRUML VP ACADEMIC AFFAIRS 40.00 X 158101 0 17571 JOSEPH HARNISCH ASSOCIATE VP & CONTROLLER, STARTING 12/17/18 40.00 X 4865 0 0 ELIZA FERZELY VP ADMISSIONS AND MARKETING, ENDED 12/31/18 40.00 X 152542 0 21628 MERRITT NELSON VP ADMISSIONS AND MARKETING 40.00 X 130330 0 3596 LAWRENCE CHATTERS VP STUDENT AFFAIRS, STARTING 1/2/19 40.00 X 0 0 0 SHANE PERRIEN CHIEF INFORMATION OFFICER 40.00 X 110691 0 21150 JESSICA JANSSEN VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 122810 0 11011 LINDA QUINN DIRECTOR OF THE SCHOOL OF NURSING 40.00 X 116736 0 6905 DAVID GILLESPIE ATHLETIC DIRECTOR 40.00 X 107889 0 16721 JEFF JAMROG HEAD FOOTBALL COACH 40.00 X 113834 0 20736 1486346 0 168776 9 0 1 0 FRESH IDEAS 1000 W NIFONG BLVD 220 COLUMBIA MO 65203 FOOD SERVICES 1691483 SODEXO INC 4880 PAYSHERE CIR CHICAGO IL 60674 FOOD AND CUSTODIAL SERVICES 443771 CAMPUS MANAGEMENT 5201 CONGRESS AVE BOCA RATON FL 33487 SOFTWARE 388256 CB RICHARD ELLIS MEGA 11213 DAVENPORT STREET SUITE 300 OMAHA NE 68154 CONSTRUCTION / PROPERTY RENT 248510 NAVIGATOR MOTORCOACHES INC PO BOX 2244 NORFOLK NE 68702 TRANSPORTATION 171658 7 5000 581069 5392320 5978389 TUITION AND FEES 611710 39213640 39213640 AUXILIARY ENTERPRISES 611710 5335763 5335763 MISC. STUDENT PROGRAMS 611710 227914 227914 EDUCATIONAL ACTIVITIES 611710 62301 62301 CONFERENCES 611710 59381 59381 40503 40503 44939502 571305 571305 12203 1928 10275 10275 10275 2331682 1823987 507695 507695 507695 25049 5000 20553 4496 4496 52011662 44939502 0 1093771 21382248 21382248 1367648 1058122 265707 43819 10201251 7892505 1981898 326848 210998 163245 40993 6760 2438566 1886670 473764 78132 750248 580452 145758 24038 18483 14300 3591 592 73351 56750 14251 2350 39685 30703 7710 1272 321874 249028 62533 10313 392888 303970 76330 12588 835097 646097 162244 26756 218949 169397 42537 7015 1563168 1209392 303692 50084 34854 26966 6771 1117 435428 336882 84595 13951 1739360 1345708 337923 55729 380110 294083 73848 12179 ATHLETICS 1623996 1256453 315510 52033 FOOD SERVICE 1507599 1166400 292896 48303 BUILDING AND GROUNDS 1240427 959694 240990 39743 INSTRUCTION 951020 735785 184764 30471 1938477 1499762 376606 62109 49665725 43264612 5494911 906202 10407828 12567972 729794 824294 1072124 1482662 1891115 1484997 55970149 26783537 29264720 29186612 18418152 17012656 5079049 4811827 66862782 67371020 2603267 2646060 1649052 1626211 337745 545040 15229403 14258224 278036 314183 566565 486039 20664068 19875757 X 18807266 20690843 9278554 0 18112894 26804420 46198714 47495263 66862782 67371020 X 2345937 -984960 -64428 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25215064 146187 459133 1181548 24638836 23098010 167373 2452397 502716 25215064 20846107 226897 2490114 465108 23098010 19659151 1421774 159081 393899 20846107 18453336 225366 1331957 351508 19659151 0.12000 0.88000 0 0 3087177 3087177 136613 42680880 20292180 22525313 9043946 6491357 2552589 1021533 1021533 29186612 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 324814 BENEFICIAL INTEREST IN TRUST 4369541 ACCRUED INTEREST & OTHER ASSETS 117472 4811827 ANNUITIES PAYABLE 74444 ASSET RETIREMENT OBLIGATION 411595 486039 X 29542269 -984960 -62500 -1047460 30589729 39685 21382248 21421933 52011662 28245720 1928 1928 28243792 39685 21382248 21421933 49665725 PART V, LINE 4: MIDLAND UNIVERSITY'S ENDOWMENT FUND IS USED TO SUPPORT STUDENTS WITH SCHOLARSHIP FUNDS AND VARIOUS OTHER INSTRUCTIONAL PROGRAMS. 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. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. 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 MAY 31, 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 -68,782. DIRECT RENTAL EXPENSES 1,928. ACTUARIAL ADJUSTMENT ON ANNUITIES PAYABLE 4,354. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS & SCHOLARSHIPS 21,382,248. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 1,928. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS & SCHOLARSHIPS 21,382,248. 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 COLLEGE'S NONDISCRIMINATORY POLICY IS INCLUDED IN THE STUDENT HANDBOOK, THE ACADEMIC CATALOG AND ON THE COLLEGE'S WEBSITE; ALL OF WHICH ARE AVAILABLE TO THE COLLEGE COMMUNITY. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES SUPPORT FROM THE STATE AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL WORK-STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND PERKINS LOAN FUNDS. THE COLLEGE ALSO RECEIVES VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. GOLF TOURNAMENT 30049 5000 25049 15342 5211 30049 5000 25049 15342 5211 20553 4496 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 1250 21382248 PART I, LINE 2: MIDLAND UNIVERSITY OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X X X 0 0 0 0 0 0 0 0 0 JODY HORNER PRESIDENT 308115 0 0 0 10500 0 9450 0 18191 0 346256 0 0 0 JODI BENJAMIN VP FINANCE AND ADMIN 121933 0 28000 0 0 0 3788 0 18029 0 171750 0 0 0 SUSAN KRUML VP ACADEMIC AFFAIRS 137101 0 21000 0 0 0 4238 0 13333 0 175672 0 0 0 ELIZA FERZELY VP ADMISSIONS AND MARKETING, ENDED 12/31/18 132542 0 20000 0 0 0 3600 0 18028 0 174170 0 0 0 PART I, LINE 1A HEALTH CLUB BENEFITS ARE PROVIDED TO ALL EMPLOYEES. PART I, LINE 1B MIDLAND UNIVERSITY DOESN'T HAVE A REIMBURSEMENT POLICY REGARDING THE HEALTH CLUB BENEFIT DUE TO THE FACT THAT THIS ISN'T A REIMBURSABLE EXPENSE, BUT RATHER AN EMPLOYEE BENEFIT PROVIDED TO ALL OF OUR EMPLOYEES. A THE COUNTY OF DODGE NEBRASKA 476006403 000000000 2016-09-30 17000000 SEE PART VI 0 0 0 A 2534845 17000299 285183 3885176 12829941 2017 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 1 0 0 0 0 0 1 A 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: THE COUNTY OF DODGE, NEBRASKA DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2017 NOTE REGARDING THE REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. PART I, COLUMN (F) - REFUND PRIOR BOND ISSUES (07/30/1998), (05/03/2003), AND (12/16/2004) AND ACQUISITION, IMPROVEMENTS, EQUIPPING AND FURNISHING OF APARTMENT COMPLEX. PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. INSPRO BOARD MEMBER OF THE UNIVERSITY 58600 INSPRO, INC. OWNED IN PART BY RANDY EIKMEIER, A BOARD MEMBER OF THE UNIVERSITY, RECEIVED APPROXIMATELY $40,000 IN COMMISSION REVENUE FROM THE UNIVERSITY. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO AND REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES IS ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 BOARD APPROVES THE PRESIDENTIAL COMPENSATION, EMPLOYMENT CONTRACTS AND ALL ANNUAL SALARY INCREASES. THE PRESIDENT AND VP OF FINANCE & ADMIN. APPROVES THE SALARIES OF ALL OTHER EMPLOYEES. THE BOARD IS INFORMED OF SENIOR MANAGEMENT TEAM SALARIES WHEN THERE IS A NEW HIRE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST IF DEEMED REASONABLE BY THE INSTITUTION. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUSTS -68,782. ACTUARIAL ADJUSTMENT ON ANNUITIES PAYABLE 4,354. FORM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DID NOT CHANGE FROM THE PRIOR YEAR. COUNTY OF DODGE HEAD START 900 N CLARKSON ST FREMONT NE 68025 470493797 EDUCATION TO PRESCHOOL CHILDREN NE 501C(3) LINE 7 MIDLAND UNIVERSITY 0 CHARITABLE REMAINDER UNITRUSTS (2) CHARITABLE TRUSTS NE T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 COUNTY OF DODGE HEAD START Q 25400 BOOK COST/EXPENSE