2020-07-09T14:32:28-07:00 2019-06-30 990 2018-07-01 440545271 COTTEY COLLEGE COTT 4176678181 1000 West Austin Nevada MO 64772 Kim Krokroskia Controller 4176678181 2020-07-09 204.184.232.181 2018 2021-01-29 14:40:06Z Jann Weitzel 1000 West Austin Nevada MO 64772 63197686 0 X www.cottey.edu X 1925 MO Cottey College, an independent liberal arts and sciences college, educating women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 11 11 541 500 0 0 5356609 4814949 7247196 7818885 4959937 2579221 810081 887947 18373823 16101002 3674409 4094318 0 0 9982407 10132462 0 0 758182 4878136 5558927 18534952 19785707 -161129 -3684705 121542353 120294890 1142842 1102153 120399511 119192737 Cottey College, an independent liberal arts college, educates women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 0 0 13836793 4094318 7818885 Higher education services expenses were incurred in the operation of a liberal arts and sciences college. The college educates women to become contributing members of a global society through a challenging curriculum and a dynamic campus experience. Approximately 300 students attended during the reporting period. The instructional area is the primary area for all program expenses. 0 0 0 13836793 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 373 0 541 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Cottey College 4176678181 1000 West Austin Nevada MO 64772 James Bickel Board Member 3 0 X 0 0 0 Kathryn Bayne Board Member 3 0 X 0 0 0 Grace Chalker Secretary 3 0 X X 0 0 0 Diann McChesney Secretary 3 0 X 0 0 0 Sandra Laney Board Member 3 0 X 0 0 0 Chris Scheuneman Chair 3 0 X X 0 0 0 Hope Zoeller Board Member 3 0 X 0 0 0 Cheryl Denslow Board Member 3 0 X 0 0 0 Jack Ewing Board Member 3 0 X 0 0 0 Tamara Kenworthy Board Member 3 0 X 0 0 0 Georgann Douglas Board Member 3 0 X 0 0 0 Chioma Ugochukwu Vice President for Academic Affairs 40 0 X 73188 0 9301 Jann Weitzel President 50 0 X 202984 0 22678 Sherri Taylor Vice President for Institutional Advancement 50 0 X 123806 0 17075 Amy Ruetten VP for Administration and Finance 50 0 X 113271 0 16340 Joann Bangs Vice President for Academic Affairs 40 0 X 28600 0 3382 541849 0 68776 3 0 1 0 0 0 0 0 895608 0 3919341 425317 4814949 Tuition and Fees 611310 7175917 7175917 0 0 Student Financial Aid 611310 642968 642968 0 0 0 0 0 0 7818885 2399662 0 0 2399662 0 0 0 0 0 0 0 0 0 0 47276243 0 47096684 0 179559 0 179559 0 0 179559 0 Agency 611310 221291 0 0 221291 Miscellaneous 611310 666656 0 0 666656 0 0 0 0 887947 16101002 7818885 0 3467168 0 4094318 4094318 663218 118599 392596 152023 0 7102320 5177210 1643387 281723 377599 272835 89872 14892 1488255 1021739 391014 75502 501070 359446 121039 20585 55609 0 55609 0 65274 0 65274 0 509787 183222 186466 140099 602536 363584 189285 49667 308201 77122 221276 9803 1139567 189460 950107 0 348123 250283 83952 13888 0 72472 40778 31694 0 374856 311831 63025 0 219320 41783 177537 0 Other Expenses 1863182 1334583 528599 0 0 0 0 0 19785707 13836793 5190732 758182 5977713 5958642 1989572 1549864 62684 140934 237844 245792 15295 25792 8978082 8034164 882716 943918 111273341 110198677 1103188 1231271 121542353 120294890 1017506 956821 28577 50149 96759 95183 1142842 1102153 X 23754805 21642601 20098998 0 76545708 97550136 120399511 119192737 121542353 120294890 X -3684705 2224320 0 0 0 253611 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104348932 1644529 4403511 1912214 5365361 0 103119397 100344370 4354387 6240888 1706450 4884263 0 104348932 94160909 3540842 9505184 1586915 5275650 0 100344370 98971229 2892514 -2313835 1529621 3859378 0 94160909 101534880 1928856 814802 1426032 3881277 0 98971229 0.19 0.81 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 8978082 8034164 943918 0 0 0 0 943918 0 Damage Deposits 20000 Annuity Obligations 75183 95183 X 16266537 2224320 2070000 0 0 4294320 11972217 0 4128785 4128785 16101002 17473311 2070000 0 0 0 2070000 15403311 0 4382396 4382396 19785707 Schedule D, Part V, Line 4 The College uses the endowment funds to provide scholarships to support the education of young women. Schedule D, Part X, Line 2 The College follows Accounting for Uncertainty in Income Taxes. This standard clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold 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. The College has no uncertain tax positions resulting in an accrual of tax expense or benefits. Schedule D, Part XI, Line 4b Scholarships $3,133,884, Change in split interest agreement: $(14,630), Change in perpetual trust: $268,241, Agency $4,128,785. Schedule D, Part XII, Line 4b Scholarships $3,133,884, Agency $4,128,785. 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 publicized its racially nondiscriminatory policy in the school catalog available online, college brochures, and on the website. Schedule E, Part I, Line 6 The College received aid from the following: U.S. Department of Education student financial aid programs, Federal Pell Grant, Federal Opportunity Grant Program, Federal Work Study Program. The college also participates in the Higher Educational Act Federal Family Loan Program (Federal Stafford Loan, Federal Supplemental Loans for students and the Federal Plus Loans for parents). Europe (including Iceland and Greenland) 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip to Barcelona. 165472 East Asia and the Pacific 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip to Australia. 43312 0 0 208784 0 0 0 0 0 0 1 See Schedule I, Part IV, Statement 1 277 4094318 0 Schedule I, Part I, Line 2 Grants are awarded to students based on eligibility requirements which are determined on the basis of financial need, academic ability and (or) special abilities. Need based financial aid is determined by using federal regulations. Students must also maintain satisfactory academic progress which is monitored at the end of each semester. All grants are applied to tuition and fees accounts. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Jann Weitzel President 202984 0 0 0 0 0 13446 0 9233 0 225663 0 0 0 Schedule J, Part I, Line 1a As a condition of employment the President is required to live in housing supplied by the College. In addition, travel for her companion is provided when they are representing the institution at public functions across the country. All travel expenses do require documentation and are not taxable to the individual. All of the Vice Presidents have small discretionary funds with their individual departments. All expenses do require documentation and are not taxable to the individuals. X 10 425317 Market Value 0 0 1 0 Schedule M, Part I, Line 9 All items were publicly traded securities gifted to the College. Form 990, Part VI, Section A, Line 7a The Board of Trustees at Cottey are appointed by the International P.E.O. Sisterhood. Form 990, Part VI, Section A, Line 8b All minutes for the Board of Trustees including committee minutes are documented and maintained by the College. Form 990, Part VI, Section B, Line 11b The Board has access to review the entire 990 before it is submitted to the IRS. In addition the Audit, Compliance and Risk committee will do an in depth review of the return. Form 990, Part VI, Section B, Line 12c The Board of Trustees all fill out a conflict of interest statement on a yearly basis. That statement is reviewed by the Audit, Compliance and Risk Committee. The leadership team is also required to fill out conflict of interest statements. Those statements are reviewed by the President. If a potential conflict is noted those are investigated on a case by case basis. Form 990, Part VI, Section B, Line 15 The salaries are reviewed by the Board on an annual basis within the budget process. In addition the College looks at industry publications when looking at salaries. The executive committee of the board of trustees conducts an annual evaluation of the President and also reviews average compensation figures from a salary survey conducted by a professional organization. Form 990, Part VI, Section C, Line 19 Documents are made available to the public upon written request to the institution. Form 990, Part XI, Line 9 Change in split interest agreement $(14,630), Change in beneficial interest in perpetual trust $268,241. International Chapter PEO Sisterhood 3700 Grand Avenue Des Moines IA 503122899 420453829 Promotes womens education IA 501c(4) N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 An extension was requested in order to gather the information needed to complete the return.