2019-11-11T14:37:36-06:00 2019-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2018-07-01 350885591 INDIANA WESLEYAN UNIVERSITY % NANCY SCHOONMAKER INDI 7656772947 4201 S WASHINGTON STREET MARION IN 46953 NANCY SCHOONMAKER CFO 7656772947 2019-11-15 true Lauren R Denton P01571860 2604604000 167.68.126.162 35027420193155000004 2019-11-11 P 8193C6E21FDC853689B017ED35849D8705607233 F560D4A486E1B6265A73BA7576EDA83A4C287CC2 2018 2020-03-31 21:24:44Z NANCY SCHOONMAKER 4201 S WASHINGTON STREET MARION IN 46953 257155293 false X WWW.INDWES.EDU X 1920 IN INDIANA WESLEYAN UNIVERSITY IS A CHRIST-CENTERED ACADEMIC COMMUNITY COMMITTED TO CHANGING THE WORLD BY DEVELOPING STUDENTS IN CHARACTER, SCHOLARSHIP, AND LEADERSHIP. 32 24 4833 2 -4497 15413766 11843608 205543164 202587389 4530024 5170593 -387212 253253 225099742 219854843 33990909 34021212 0 0 106851935 107742623 160389 145204 2283892 75160367 69957368 216163600 211866407 8936142 7988436 512243031 521839306 56113062 55476370 456129969 466362936 INDIANA WESLEYAN UNIVERSITY'S PURPOSE IS TO SEARCH FOR TRUTH, BY STUDY IN LIBERAL ARTS AND IN PROFESSIONAL EDUCATION WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND PHILOSOPHY SO THAT THE PERSON IS DEVELOPED FOR SERVICE TO GOD AND MAN IN THE CHURCH AND IN SOCIETY. false false 193445908 34021212 202587389 INSTRUCTION: THIS PROGRAM ENCOMPASSES A WIDE RANGE OF INSTRUCTIONS IN LIBERAL ARTS CURRICULUM, AS WELL AS PROVIDING TEXTBOOK DISTRIBUTION AND RESIDENTIAL DINING SERVICES FOR STUDENTS. BOOKSTORE: THIS PROGRAM SERVICE PROVIDES TEXTBOOK DISTRIBUTION FOR STUDENTS. FOOD SERVICE: THIS PROGRAM SERVICE PROVIDES STUDENTS RESIDENTIAL DINING SERVICES. 193445908 true true false false false false false false false true true false false false true false false true true false true false false true true false false true true true true false false false false false false true false true true true true false false true true true true false false true 12518 0 4833 true true true false false false false true true true 1 false false false false false X 32 24 true false false false false false false true true false false true true true true true true true true false IN X NANCY SCHOONMAKER 7656772947 4201 S WASHINGTON STREET MARION IN 46953 DAVID WRIGHT PRESIDENT 40.0 0.0 X X 245870 0 89087 PAUL ANTHES TRUSTEE 1.0 0.0 X 0 0 0 SANTES BEATTY TRUSTEE 1.0 0.0 X 0 0 0 DAN BICKEL TRUSTEE 1.0 0.0 X 0 0 0 DON CADY TRUSTEE 1.0 0.0 X 0 0 0 NANCY CAMPBELL TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL CARMICHAEL TRUSTEE 1.0 0.0 X 0 0 0 CHRIS CONRAD TRUSTEE 1.0 0.0 X 0 0 0 SHAWN COSSIN TRUSTEE 1.0 0.0 X 0 0 0 STEVE DENEFF TRUSTEE 1.0 0.0 X 0 0 0 DAVID DIMMICH TRUSTEE 1.0 0.0 X 0 0 0 MARK ECKART TRUSTEE 1.0 0.0 X 0 0 0 STEVEN EDMONDSON TRUSTEE 1.0 0.0 X 0 0 0 SHARON EPPS TRUSTEE 1.0 0.0 X 0 0 0 CONNIE ERPELDING TRUSTEE 1.0 0.0 X 0 0 0 RYAN FRANK TRUSTEE 1.0 0.0 X 0 0 0 JEFF FREEMAN TRUSTEE 1.0 0.0 X 0 0 0 MARK GORVEATTE TRUSTEE 1.0 0.0 X 0 0 0 BRIAN HARLOW TRUSTEE 1.0 0.0 X 0 0 0 BARRY HINES TRUSTEE 1.0 0.0 X 0 0 0 NATHAN HOOVER TRUSTEE 1.0 0.0 X 0 0 0 SANTIAGO JARAMILLO TRUSTEE 1.0 0.0 X 0 0 0 EVAN LONGSTRETH TRUSTEE 1.0 0.0 X 0 0 0 MARK MEEKS TRUSTEE 1.0 0.0 X 0 0 0 KEVIN MYERS TRUSTEE 1.0 0.0 X 0 0 0 DON OTT TRUSTEE 1.0 0.0 X 0 0 0 GARY OTT TRUSTEE 1.0 0.0 X 0 0 0 JAMES POORE TRUSTEE 1.0 0.0 X 0 0 0 PETRA RAY TRUSTEE 1.0 0.0 X 0 0 0 TOM SCHMIDT TRUSTEE 1.0 0.0 X 0 0 0 CARL SHEPHERD TRUSTEE 1.0 0.0 X 0 0 0 DALE SLOAN TRUSTEE 1.0 0.0 X 0 0 0 NANCY SCHOONMAKER CFO - VICE PRESIDENT OF BUS. 40.0 0.0 X 143408 0 57991 MATT LUCAS CHANELLOR OF NATIONAL & GLOBAL 40.0 0.0 X 152510 0 35395 MARTIN RICE DEAN OF HEALTH & HUMAN SCIENCE 40.0 0.0 X 137456 0 36334 ROBERT DAVID ROSE VICE PRESIDENT OF ENROLLMENT 40.0 0.0 X 140734 0 38465 STACY HAMMONS PROVOST 40.0 0.0 X 152029 0 22412 MARK BROOKER DEAN SCHOOL OF BUS. NATIONAL 40.0 0.0 X 134815 0 30064 DUANE KILTY ASSOCIATE PROFESSOR/SCHOLAR 40.0 0.0 X 177073 0 21567 1283895 0 331315 34 false true false NCS PEARSON INC 21866 NETWORK PL CHICAGO IL 60673 LEARNING MANAGEMENT 2796035 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICE 5367138 WEIGAND CONSTRUCTION CO INC 7808 HONEYWELL DR FORT WAYNE IN 46825 CONSTRUCTION 1580751 WGCL 29995 NETWORK PL CHICAGO IL 60673 ADVERTISING 643131 SPECTRUM REACH PO BOX 782922 PHILADELPHIA PA 19178 ADVERTISING 555443 28 28235 2555507 1613275 7646591 251829 11843608 TUITION AND FEES 900099 175633767 175633767 FOOD SERVICE 451211 9729761 9729761 RESIDENCE HALLS 721310 9773390 9773390 CONFERENCES 721310 2280785 2280785 BOOKSTORE 900099 1310465 1310465 3859221 3859221 202587389 5174288 -4497 5178785 0 0 818904 560349 258555 0 258555 258555 36725864 36729559 -3695 -3695 -3695 5240 28235 10542 -5302 -5302 0 0 0 0 0 0 0 219854843 202587389 -4497 5428343 71450 71450 33949762 33949762 0 0 861210 770783 79662 10765 138349 123822 12797 1730 79527704 71177295 7356313 994096 5559360 4975627 514241 69492 16257117 14550120 1503783 203214 5398883 4832000 499397 67486 0 93952 84087 8691 1174 81326 72786 7523 1017 0 145204 145204 310308 310308 1656691 1482738 153244 20709 20309797 18177269 1878656 253872 4124023 3691001 381472 51550 6233957 5579392 576641 77924 0 5535196 4954000 512006 69190 3315256 2967154 306661 41441 0 645395 577629 59699 8067 479754 429380 44377 5997 0 13238585 11848534 1224569 165482 900710 806135 83316 11259 FOOD SERVICE 4618540 4618540 UNCOLLECTIBLE ACCOUNTS 1676030 1676030 OTHER 6737848 6030374 623251 84223 211866407 193445908 16136607 2283892 20132 11457 10260171 11399583 7820445 7149531 12038055 8196597 0 0 0 0 8240308 8061019 33804 25885 2847432 2684779 411249857 147395176 273116692 263854681 191743155 214357956 0 0 0 0 0 0 6122837 6097818 512243031 521839306 25134194 25170564 0 0 5486850 4423859 14928881 14949201 0 0 0 0 0 0 0 0 10563137 10932746 56113062 55476370 X 373440557 381945048 28509902 27418346 54179510 56999542 456129969 466362936 512243031 521839306 X 7988436 2275775 15500 -46744 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 190810563 12729218 6845801 5913140 204472442 166785949 14592218 14637212 5204816 190810563 146838068 6226436 18679849 4958404 166785949 145985049 9375236 -3622176 4900041 146838068 138534804 10568354 264795 3382904 145985049 0.62900 0.27400 0.09700 true false 23706956 23706956 343267420 121655581 221611839 41672664 25739595 15933069 2602817 2602817 263854681 0 REFUNDABLE DEPOSITS & SECURITY 1016079 ACCUM POSTRETIREMENT BENEFITS 1084128 ANNUITY PAYMENT LIABILITY 2013324 FEDERAL ADVANCE FOR STUDENT LOANS 5900083 TRUST LIABILITIES 507448 CAPITAL LEASE OBLIGATIONS 411684 10932746 188767247 2275775 15500 570891 2862166 185905081 33949762 33949762 219854843 178487536 570891 570891 177916645 33949762 33949762 211866407 SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D RECONCILIATION PART XI & XII LINE 2D RENTAL EXPENSE RECLASS $560,349 FUNDRAISING EXPENSE $ 10,542 TOTAL: $570,891 LINE 4B SCHOLARSHIPS $33,949,762 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS NOTED IN THE TRUSTEE BYLAWS, IN A BOARD APPROVED RESOLUTION, ON THE INDIANA WESLEYAN UNIVERSITY WEBSITE, AND IN PROGRAM LITERATURE. SCHEDULE E, PART I, LINE 6A INDIANA WESLEYAN UNIVERSITY PARTICIPATES IN STUDENT AID PROGRAMS PROVIDED BY THE FEDERAL GOVERNMENT. true EAST ASIA AND THE PACIFIC PROGRAM SERVICES ACADEMIC/MISSION TRIP 96877 SUB-SAHARAN AFRICA PROGRAM SERVICES ACADEMIC/MISSION TRIP 189239 EUROPE PROGRAM SERVICES ACADEMIC/MISSION TRIP 257463 SOUTH ASIA PROGRAM SERVICES ACADEMIC/MISSION TRIP 8483 CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES ACADEMIC/MISSION TRIP 118710 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES ACADEMIC/MISSION TRIP 7925 EUROPE PROGRAM SERVICES FINANCIAL AID 7500 RUSSIA PROGRAM SERVICES ACADEMIC/MISSION TRIP 718 SUB-SAHARAN AFRICA PROGRAM SERVICES FINANCIAL AID 6500 693415 693415 false false false false false false SCHEDULE F, PART I, LINE 3 SCHOLARSHIPS AND GRANTS TO STUDENTS ARE DETERMINED BY THE FINANCIAL AID OFFICE IN WHICH EACH STUDENT FILE IS REVIEWED IN ACCORDANCE WITH DESIGNATED ELIGIBILITY REQUIREMENTS OF THE SCHOLARSHIPS OR GRANTS. SCHOLARSHIPS AND GRANTS ARE THEN MONITORED BY DISBURSING FUNDS FROM THE FINANCIAL AID OFFICE TO THE STUDENT ACCOUNT OFFICE. X X X X X X true SNAP MOBILE LLC BRANDING false 12000 12000 All States COLESCOTT GOLF 33475 28235 5240 10542 0 33475 28235 5240 10542 10542 -5302 true BRIDGES TO HEALTH 1251 WEST KEM ROAD MARION IN 46952 205405181 501(C)(3) 12000 OPERATIONAL SUPPORT COMMUNITY FOUNDATION 505 WEST 3RD STREET MARION IN 46952 311117791 501(C)(3) 17450 OPERATIONAL SUPPORT FAMILY SERVICES 101 S WASHINGTON STREET MARION IN 46952 350868083 501(C)(3) 10000 OPERATIONAL SUPPORT PROJECT LEADERSHIP 118 W 25TH STREET MARION IN 46952 453577728 501(C)(3) 8000 OPERATIONAL SUPPORT UNITED WAY OF GRANT COUNTY PO BOX 61 MARION IN 46952 350995975 501(C)(3) 16000 OPERATIONAL SUPPORT BOYS & GIRLS CLUB 3402 S MERIDAN STREET MARION IN 46952 453577728 501(C)(3) 8000 OPERATIONAL SUPPORT 6 SCHOLARSHIPS 2882 33949762 SCHEDULE I, PART I, LINE 2 ANY SCHOLARSHIPS/GRANTS TO STUDENTS ARE DETERMINED BY THE FINANCIAL AID OFFICE IN WHICH EACH STUDENT FILE IS REVIEWED IN ACCORDANCE WITH DESIGNATED ELIGIBILITY REQUIREMENTS OF THE SCHOLARSHIPS OR GRANTS. SCHOLARSHIPS AND GRANTS ARE THEN MONITORED BY DISBURSING FUNDS FROM THE FINANCIAL AID OFFICE TO THE STUDENT ACCOUNT OFFICE. X X X X true true X X X false false false false false false false false false NANCY SCHOONMAKER CFO - VICE PRESIDENT OF BUS. 142118 0 0 0 1290 0 14991 0 43000 0 201399 0 DAVID WRIGHT PRESIDENT 243098 0 0 0 2772 0 26000 0 63087 0 334957 0 MARTIN RICE DEAN OF HEALTH & HUMAN SCIENCE 136202 0 0 0 1254 0 14639 0 21695 0 173790 0 ROBERT DAVID ROSE VICE PRESIDENT OF ENROLLMENT 139532 0 0 0 1202 0 14140 0 24325 0 179199 0 STACY HAMMONS PROVOST 150723 0 0 0 1306 0 15150 0 7262 0 174441 0 MARK BROOKER DEAN SCHOOL OF BUS. NATIONAL 134002 0 0 0 813 0 10416 0 19648 0 164879 0 DUANE KILTY ASSOCIATE PROFESSOR/SCHOLAR 176154 0 0 0 919 0 8280 0 13287 0 198640 0 MATT LUCAS CHANELLOR OF NATIONAL & GLOBAL 152024 0 0 0 486 0 16000 0 19395 0 187905 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT HAS COUNTRY CLUB DUES PAID BY THE UNIVERSITY FOR BUSINESS ENTERTAINMENT PURPOSES. THE DUES ARE TAXABLE FOR PERSONAL USE. HOUSING AND PERSONAL SERVICES FOR THE PRESIDENT IS PROVIDED BY THE UNIVERSITY AND REQUIRED BY CONTRACT. THE RESIDENCE IS CONTIGUOUS TO THE CAMPUS, THE PRESIDENT IS REQUIRED TO LIVE THERE AND IS REQUIRED TO CONDUCT UNIVERSITY RELATED BUSINESS PER HIS CONTRACT. THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME AND IS SHOWN IN COLUMN (D) FOR DAVID WRIGHT. A CITY OF MARION ECONOMIC DEV SERIES 2016 356001102 2016-12-01 15000000 CONSTRUCTION false false false A 0 0 15000000 0 0 0 0 0 0 0 0 0 2007 false false true true A false false false false 0 false false false true A false false false false true false 0 false 0 false true A true 26630 TUITION REMISSION EDUCATIONAL 67030 SCHOLARSHIPS EDUCATIONAL PAUL ANTHES TRUSTEE 165345 INVESTMENT FEES false GARY OTT TRUSTEE 2616108 LEASE false NANCY CAMPBELL TRUSTEE 357767 BOOKSTORE false JERRY SHEPHERD BROTHER OF CARL SHEPHERD 98090 COMPENSATED BY IWU false RYAN SHEPHERD SON OF CARL SHEPHERD 40259 COMPENSATED BY IWU false SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 5367138 INDEPENDENT CONTRACTOR false PART IV Paul Anthes serves as President of Financial Advisory Corporation (FAC) and serves as A TRUSTEE ON THE Board of Trustees at IWU. FAC provides investment advisory services for University endowment funds. FAC does not serve as custodian or manager of invested funds and only provides advisory services which custodian(s) and/or fund manager(s) use. The University receives monthly investment statements directly from the custodian of the funds independent of FAC. Additionally, the University has adopted an investment management policy and regularly reviews investment performance and asset allocation within the parameters of this policy. Finally, as an additional measure of independence, FAC receives a set fee for their services and not a percentage of the earnings on the invested funds. Mr. Anthes does not serve on the investment committee of the board. Gary Ott is the President of Tender Love and Care Management, which manages the Wesleyan Retirement Center. CARL SHEPHERD, A TRUSTEE OF INDIANA WESLEYAN UNIVERSITY, HAS TWO FAMILY MEMBERS WHO ARE EMPLOYED BY THE UNIVERSITY. NANCY CAMPBELL AND VARIOUS FAMILY MEMBERS IN TOTAL OWN A GREATER THAN 35% OWNER IN TREE OF LIFE BOOKSTORES, AN ENTITY THAT CONDUCTS BUSINESS WITH IWU. X 2 212000 FMV X MISCELLANEOUS 2 39829 FMV false true true SCHEDULE M, PART I, LINE 32B IWU PARTNERS WITH IDONATE TO PROCESS CASH AND NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1B BOARD MEMBERS PAUL ANTHES, GARY OTT, NANCY CAMPBELL, AND CARL SHEPHERD ARE NON-INDEPENDENT DUE TO INFORMATION DISCLOSED ON SCHEDULE L. UNIVERSITY PRESIDENT, DAVID WRIGHT, IS NON-INDEPENDENT BECAUSE HE IS A COMPENSATED EMPLOYEE OF IWU. FORM 990, PART VI, SECTION A, LINE 2 DAN BICKEL AND NATHAN HOOVER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD RECEIVES A COPY OF THE RETURN BEFORE FILING. IT IS ALSO REVIEWED BY AN INDEPENDENT CPA FIRM. FORM 990, PART VI, SECTION B, LINE 12C INDIANA WESLEYAN'S CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE POLICY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE BOARD OF TRUSTEES CHAIRPERSON AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND SETS THE PRESIDENT'S SALARY BASED ON AN EXTERNAL BENCHMARK, WHICH IS THE 75TH PERCENTILE OF PRESIDENTS OF SCHOOLS IN THE COUNCIL OF CHRISTIAN COLLEGES AND UNIVERSITIES. IN TURN, KEY EMPLOYEES ARE BENCHMARKED BY THE 75TH PERCENTILE FOR THEIR DISCIPLINE. ALL OTHER COMPENSATION IS REVIEWED AND APPROVED BY EXECUTIVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS AND POLICIES CAN BE OBTAINED BY CONTACTING THE OFFICE OF THE VICE PRESIDENT FOR BUSINESS AFFAIRS. PART XI, RECONCILIATION OF NET ASSETS LINE 9 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS (39,931) CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS (6,813) TOTAL: (46,744) IWU HOLDINGS LLC 4201 S WASHINGTON ST MARION IN 46936 471041098 EDUCATION IN IWU RON BLUE INST FOR FINANCIAL PLANNING 4201 S WASHINGTON ST MARION IN 46953 473753426 EDUCATION IN 427819 303360 IWU WESLEYAN RETIREMENT CENTER 4201 S WASHINGTON STREET MARION IN 46953 351449080 ELDER CARE IN 501(C)(3) 12A IWU true WESLEYAN CHURCH CORPORATION PO BOX 50434 INDIANAPOLIS IN 46250 351148762 RELIGIOUS ORG IN 501(C)(3) 1 NA false INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A NA false CRT (7) CHAR. REM. TRUST IN NA false false true true false false false false false false false false false false false false false false false false WESLEYAN CHURCH CORPORATION C 1294968 CASH WESLEYAN RETIREMENT CENTER C 1251200 CASH