2019-02-25T09:47:55-06:00 2018-06-30 430765316 RUBINBROWN LLP ONE NORTH BRENTWOOD SAINT LOUIS MO 63105 990 2017-07-01 430652649 LINDENWOOD COLLEGE LIND 6369494970 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 ARTHUR W JOHNSON INTERIM PRESIDENT 6369494970 2019-02-25 1 BRENT W STEVENS P01291820 3142903300 12.216.26.226 2019-02-25 09:41:12 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9D330346F5FD1C2CB5F71E47A918ACA3F1B8B398 2017 2019-02-21 02:37:17Z LINDENWOOD UNIVERSITY ARTHUR W JOHNSON 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 385830072 0 X WWW.LINDENWOOD.EDU X 1853 MO REAL EXPERIENCE. REAL SUCCESS.ENHANCING LIVES THROUGH QUALITY EDUCATION AND PROFESSIONAL PREPARATORY EXPERIENCES. 21 21 3507 413 727555 -280008 4001053 3536063 183962173 175291190 7628092 40206823 1259672 1486704 196850990 220520780 47748017 43158676 0 0 83076555 85798007 0 0 1348361 69699199 67312187 200523771 196268870 -3672781 24251910 518409692 508596710 18611333 14158718 499798359 494437992 X REAL EXPERIENCE. REAL SUCCESS.ENHANCING LIVES THROUGH QUALITY EDUCATION AND PROFESSIONAL PREPARATORY EXPERIENCES. SEE SCHEDULE O.VALUES:INTEGRITY - WE ARE COMMITTED TO ENSURING TRUST AND RESPECT FOR ALL PERSONS IN AN ENVIRONMENT THAT CULTIVATES INDIVIDUAL AND INSTITUTIONAL INTEGRITY.DEDICATION - WE ARE COMMITTED TO DEVELOPING A HIGH-PERFORMANCE WORK ETHIC AND DEDICATION TO DISCIPLINE OR VOCATION.EXCELLENCE - WE ARE COMMITTED TO PROVIDING QUALITY AND EXCELLENCE IN ALL OUR ENDEAVORS.CREATIVITY - WE ARE COMMITTED TO THE DEVELOPMENT OF ORIGINAL IDEAS, KNOWLEDGE AND INNOVATIVE APPROACHES TO SOLVING COMPLEX PROBLEMS.COMMUNITY - WE ARE COMMITTED TO CREATING A CONNECTED, DIVERSE COMMUNITY, SHARING COMMON ATTITUDES, INTERESTS, AND GOALS SUPPORTING PERSONAL AND PROFESSIONAL GROWTH. 0 0 174988505 43158676 174563635 SEE SCHEDULE OINSTRUCTIONAL AND LIBRARY - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING AN UNDERGRADUATE, GRADUATE, EDUCATION SPECIALISTS AND DOCTORAL DEGREES AND AS OF FISCAL YEAR ENDED 6/30/2018, APPROXIMATELY 9,243 FULL-TIME EQUIVALENT STUDENTS. APPROXIMATELY 13,225 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS, LINDENWOOD HAS A STUDENT ACTIVITIES OFFICE THAT SERVES AS A COORDINATING CENTER ON CAMPUS AND WORKS WITH APPROXIMATELY 142 STUDENT CLUBS AND ORGANIZATIONS TO FACILITATE THEIR ACTIVITIES AND PROJECTS. THE ATHLETIC DEPARTMENT HAS 23 NCAA DIVISION II SPORTS FOR MEN AND WOMEN, 23 NAIA SPORTS FOR MEN AND WOMEN, AND 32 OTHER NATIONALLY AFFILIATED SPORTS. AUXILIARY - STUDENT ROOM AND BOARD AND AS OF FISCAL YEAR 6/30/2018, APPROXIMATELY 4,092 STUDENTS WERE SERVED. 174988505 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 14478 0 1 3507 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY MI NH NY OR SC MD X GREG PHELPS 6366272938 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 J MICHAEL CONOYER CHAIRMAN 1.00 X X 0 0 0 ART JOHNSON VICE CHAIRMAN 1.00 X X 0 0 0 DOUG MUELLER TREASURER 1.00 X X 0 0 0 DR PATRICIA PENKOSKE SECRETARY 1.00 X X 0 0 0 PATRICIA A AHRENS BOARD MEMBER 1.00 X 0 0 0 KEVIN BRAY BOARD MEMBER 1.00 X 0 0 0 GASPARE CALVARUSO BOARD MEMBER 1.00 X 0 0 0 DAVID G COSBY BOARD MEMBER 1.00 X 0 0 0 RON GORGEN BOARD MEMBER 1.00 X 0 0 0 JOHN W HAMMOND BOARD MEMBER 1.00 X 0 0 0 JOSEPH G MATHEWS BOARD MEMBER 1.00 X 0 0 0 DON C MUSICK III BOARD MEMBER 1.00 X 0 0 0 RONALD W OHMES BOARD MEMBER 1.00 X 0 0 0 RONNIE D OSBORN BOARD MEMBER 1.00 X 0 0 0 CHIP PETERSON BOARD MEMBER 1.00 X 0 0 0 HERB ROACH BOARD MEMBER 1.00 X 0 0 0 DAVID F SABINO BOARD MEMBER 1.00 X 0 0 0 JERRY E SCHEIDEGGER BOARD MEMBER 1.00 X 0 0 0 BILL SCHOENHARD BOARD MEMBER 1.00 X 0 0 0 GARY N SHAW BOARD MEMBER 1.00 X 0 0 0 DONALD TUTTLE BOARD MEMBER 1.00 X 0 0 0 CHRIS LISSNER BOARD MEMBER 1.00 X 0 0 0 LUCY D RAUCH BOARD MEMBER 1.00 X 0 0 0 BEN F BLANTON BOARD MEMBER 1.00 X 0 0 0 GRACE HARMON BOARD MEMBER 1.00 X 0 0 0 JACKIE BROCK BOARD MEMBER 1.00 X 0 0 0 MICHAEL SHONROCK PRESIDENT 40.00 X 458553 0 16100 BRETT BARGER VICE PRESIDENT 40.00 X 202837 0 21147 DEB AYRES VICE PRESIDENT 40.00 X 200469 0 9723 DAN GRIGG VICE PRESIDENT (THRU 7/31/2018) 40.00 X 172137 0 14842 DIANE MOORE VICE PRESIDENT (BEG 9/1/2017) 40.00 X 164916 0 2410 FRANK SANFILIPPO VICE PRESIDENT (BEG 8/31/2017) 40.00 X 70045 0 1266 MARILYN ABBOTT VICE PRESIDENT 40.00 X 236114 0 13244 TJ RAINS VICE PRESIDENT 40.00 X 205573 0 18175 GRANT SHOSTAK VICE PRESIDENT (THRU 8/13/2018) 40.00 X 146257 0 18836 TERRY WHITTUM VICE PRESIDENT (BEG 8/01/2017) 40.00 X 111624 0 4056 JOE PARISI VICE PRESIDENT (THRU 6/30/2017) 40.00 X 106404 0 7292 RYAN GUFFEY VICE PRESIDENT (THRU 5/31/2017) 40.00 X 221208 0 10740 BRAD WACHLER VICE PRESIDENT 40.00 X 207648 0 21275 GREGORY PHELPS ASSOCIATE VICE PRESIDENT, FISCAL AFFAIRS / CHIEF A 40.00 X 189889 0 18548 CYNTHIA BICE DEAN, SCHOOL OF EDUCATION 40.00 X 207583 0 17036 JOSEPH ALSOBROOK DEAN, SCHOOL OF ARTS, MEDIA, AND COMMUNICATIONS 40.00 X 194990 0 12202 JED STUGART HEAD COACH, FOOTBALL 40.00 X 161211 0 15539 DANA KLAR ASSOCIATE PROFESSOR, SOCIAL WORK 40.00 X 154865 0 12638 HOWARD WALL PROFESSOR, ECONOMICS 40.00 X 157374 0 15455 3569697 0 250524 18 0 1 0 PEDESTAL FOODS 15480 CLAYTON ROAD SUITE 301 BALLWIN MO 63011 FOOD SERVICE 9489704 W SCHILLER & COMPANY INC 9240 MANCHESTER ROAD ST LOUIS MO 63144 AUDIO/ VISUAL SERVICE 1600346 CORRIGAN BROTHERS INC PO BOX 66726 ST LOUIS MO 63166 CONSTRUCTION SERVICE 1321864 APOGEE 1905 KRAMER LANE SUITE A100 AUSTIN TX 78758 INFORMATION TECHNOLOGY SERVICE 1258338 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 CONSULTING SERVICE 1130740 99 860621 2675442 152607 3536063 INSTRUCTION & AUXILIARY 900099 174563635 174563635 AUXILIARY - UNRELATED 900099 727555 727555 175291190 5834880 5834880 1205529 0 1205529 1205529 1205529 195479640 4195390 160205044 5098043 35274596 -902653 34371943 34371943 12625 6205 6420 6420 274755 274755 274755 220520780 174563635 727555 41693527 43158676 43158676 2584240 1097194 1133850 353196 69764280 64587977 4765196 411107 1629812 1367307 252769 9736 6836505 4849672 1938565 48268 4983170 4156485 776644 50041 423664 423664 218674 218674 570448 570448 4624652 4082812 344831 197009 1032505 754880 239652 37973 2919706 1442176 1433557 43973 4755966 4479109 276857 1592869 1586869 6000 534998 465652 39206 30140 13982320 12745770 1236550 1228248 419634 808614 FOOD SERVICE 9001010 9028257 -27247 REPAIRS & MAINTENANCE 7000472 5429765 1570707 ATHLETICS 6922918 6922918 UTILITIES 5776184 5280527 495657 6727553 3132825 3427810 166918 196268870 174988505 19932004 1348361 12691234 13694423 25255465 18540460 2376867 2190965 2761975 3721945 2000000 2000000 15203 10017 1790117 677087 427155736 155636739 279862070 271518997 187913373 192527957 2984502 3012057 56084 0 702802 702802 518409692 508596710 10294289 6810866 7346129 6675597 970915 672255 18611333 14158718 X 482713789 475813402 3817862 5297214 13266708 13327376 499798359 494437992 518409692 508596710 X 24251910 -28761467 -850810 X X 0 1 X 1 1 1 X 702802 X X X 0 160347039 4168668 11069601 3638667 494979 171451662 139311378 2700328 21588526 2740179 513014 160347039 145884076 1169134 -7203921 537911 139311378 143407647 1132680 2136784 561769 145884076 122153740 1542797 20305808 594698 143407647 0.90650 0.07770 0.01580 1 0 14384070 34345542 48729612 5213920 316621282 119379868 202455334 11847997 6226842 5621155 41434066 30030029 11404037 3308859 3308859 271518997 FUNDS HELD IN CUSTODY FOR OTHERS 618845 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 53410 672255 148741689 -28761467 123170 17882 -28620415 177362104 43158676 43158676 220520780 154102056 123170 868692 991862 153110194 43158676 43158676 196268870 PART III, LINE 4: PURPOSE FOR LINDENWOOD UNIVERSITY'S COLLECTIONS THE UNIVERSITY'S HISTORICAL COLLECTIONS CONSISTS OF TWO CATEGORIES: ARTWORK AND HISTORIC PIECES. THE ARTWORK EXPOSES STUDENTS TO VARIOUS STYLES AND TECHNIQUES TAUGHT BY UNIVERSITY FACULTY. THE ART SPEAKS TO THE EDUCATIONAL TRADITIONS AND HELPS PROMOTE A SENSE OF COMMUNITY ON CAMPUS. THE HISTORIC PIECES ARE USED AS SUPPLEMENTAL TEACHING AIDS AND HELP GIVE THE STUDENTS A BETTER GRASP ON IMPORTANT ASPECTS OF WHAT IS BEING TAUGHT IN THE CLASSROOM. PART V, LINE 4: THE PERMANENT ENDOWMENT CONSISTS OF DONOR PRINCIPAL RESTRICTED GIFTS THAT THE ANNUAL INCOME MUST BE USED FOR GENERAL, SCHOLARSHIPS, AND BUILDING AND MAINTENANCE EXPENSES. THE QUASI ENDOWMENTS ARE FUNDS THAT THE UNIVERSITY HAS SET ASIDE TO PROTECT THE PRINCIPAL AND INCOME DISTRIBUTIONS OF THE PERMANENTLY RESTRICTED ENDOWMENT FUND. ANY REMAINING INCOME IS USED FOR FUNDING INSTITUTIONAL STUDENT AID. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST 17,882. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 43,158,676. PART XII, LINE 2D - OTHER ADJUSTMENTS: IMPAIRMENT LOSS 868,692. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 43,158,676. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL ADVERTISEMENTS (I.E. CATALOGS) INCLUDE STATEMENTS RECOMMENDED FOR IRS EXEMPT ORGANIZATIONS. SCHEDULE E, PART I, LINE 6 GOVERNMENTAL AID HAS BEEN RECEIVED THIS YEAR AS FOLLOWS: STUDENT FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION, FEDERAL WORK-STUDY AND FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAMS, A TAX INCREMENTAL FINANCE PAYMENT FROM THE CITY OF BELLEVILLE, ILLINOIS. 0 CENTRAL AMERICA 0 2 PROGRAM SERVICES RECRUITING 50724 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 67085 0 2 0 0 0 2 117809 0 117809 SCHOLARSHIPS VARIOUS 1028 10020121 ELECTRONIC DISBURSEMENT 0 0 0 0 0 0 PART I, LINE 3: LINDENWOOD HAS CONTRACTED WITH TWO INDIVIDUALS TO BE PART-TIME INDEPENDENT CONTRACTORS TO HELP THE UNIVERSITY RECRUIT STUDENTS IN THE CENTRAL AMERICA REGION. TOTAL FEES AND ALLOTMENT FOR OFFICE EXPENSES FOR 2017-2018 FISCAL YEAR WERE: CONTRACTOR ONE: $21,540 CONTRACTOR TWO: $29,184 TOTAL: $50,724 LINDENWOOD UNIVERSITY PAID $13,700 TO LANGUAGE LINK INC. (LOCATED IN IL) FOR TWO STUDENTS TO STUDY ABROAD IN SPAIN, $6,409 TO UNIVERSIDAD DE GRANADA (LOCATED IN SPAIN) FOR ONE STUDENT TO STUDY ABROAD IN SPAIN, AND $46,976 TO UNIVERSITE DE CAEN BASSE NORMANDIE THREE SEPARATE TIMES FOR NINE STUDENTS TO STUDY ABROAD IN FRANCE. 1 SCHOLARSHIPS 6800 33138555 PART III ALL STUDENT AID AWARD LETTERS ARE PREPARED BY LINDENWOOD COLLEGE'S FINANCIAL AID OFFICE. EACH AWARD LETTER HAS A STATEMENT OF CONDITIONS AND IS SIGNED BY THE STUDENT. THE BUSINESS OFFICE POSTS ALL AID TO THE STUDENT'S ACCOUNT FOR ACADEMIC USAGE. BOTH THE BUSINESS OFFICE AND THE FINANCIAL AID OFFICE MONITOR THESE FUNDS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL SHONROCK PRESIDENT 391358 0 54450 0 12745 0 13500 0 2600 0 474653 0 0 0 BRETT BARGER VICE PRESIDENT 192014 0 0 0 10823 0 10151 0 10996 0 223984 0 0 0 DEB AYRES VICE PRESIDENT 200469 0 0 0 0 0 9723 0 0 0 210192 0 0 0 DAN GRIGG VICE PRESIDENT (THRU 7/31/2018) 164457 0 0 0 7680 0 8276 0 6566 0 186979 0 0 0 DIANE MOORE VICE PRESIDENT (BEG 9/1/2017) 160115 0 0 0 4801 0 0 0 2410 0 167326 0 0 0 MARILYN ABBOTT VICE PRESIDENT 231313 0 0 0 4801 0 11360 0 1884 0 249358 0 0 0 TJ RAINS VICE PRESIDENT 194750 0 0 0 10823 0 9000 0 9175 0 223748 0 0 0 GRANT SHOSTAK VICE PRESIDENT (THRU 8/13/2018) 135434 0 0 0 10823 0 7061 0 11775 0 165093 0 0 0 RYAN GUFFEY VICE PRESIDENT (THRU 5/31/2017) 221208 0 0 0 0 0 10740 0 0 0 231948 0 0 0 BRAD WACHLER VICE PRESIDENT 196825 0 0 0 10823 0 10100 0 11175 0 228923 0 0 0 GREGORY PHELPS ASSOCIATE VICE PRESIDENT, FISCAL AFF 179066 0 0 0 10823 0 9172 0 9376 0 208437 0 0 0 CYNTHIA BICE DEAN, SCHOOL OF EDUCATION 200368 0 0 0 7215 0 9919 0 7117 0 224619 0 0 0 JOSEPH ALSOBROOK DEAN, SCHOOL OF ARTS, MEDIA, AND COM 190451 0 0 0 4539 0 9650 0 2552 0 207192 0 0 0 JED STUGART HEAD COACH, FOOTBALL 151290 0 0 0 9921 0 7329 0 8210 0 176750 0 0 0 DANA KLAR ASSOCIATE PROFESSOR, SOCIAL WORK 147650 0 0 0 7215 0 6944 0 5694 0 167503 0 0 0 HOWARD WALL PROFESSOR, ECONOMICS 146551 0 0 0 10823 0 7715 0 7740 0 172829 0 0 0 JERRY E SCHEIDEGGER DIRECTOR PLEDGE RECEIVABLE X 2000000 2000000 0 1 1 2000000 BEN F BLANTON CONSTRUCTION OWNER IS A NON-VOTING DIRECTOR 657388 CONSTRUCTION 0 X 9381 COST X 2 53257 FAIR MARKET VALUE X FACILITY USAGE 1 57075 FAIR MARKET VALUE X BOWLING EQUIPMENT 1 24000 FAIR MARKET VALUE X DVD COURSES 1 8894 FAIR MARKET VALUE 0 1 0 PART I, LINE 32B: LINDENWOOD'S GIFT ACCEPTANCE POLICY REQUIRES THE REVIEW OF ANY NON-STANDARD CONTRIBUTIONS, SUCH AS NON-PUBLICLY TRADED SECURITIES OR PROPERTY. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF TRUSTEES PASSED TWO CHANGES TO THE BYLAWS IN 2018. IN FEBRUARY 2018, THE TRUSTEES ELIMINATED THE ALUMNI BOARD PRESIDENT AS AN APPOINTED (NOT VOTED) VOTING MEMBER OF THE BOARD. IN OCTOBER 2018, THE TRUSTEES CONSOLIDATED A NUMBER OF COMMITTEES AND MADE CHANGES TO THE MINIMUM AND MAXIMUM NUMBER OF TRUSTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION NEEDED TO COMPLETE THE FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND THE RETURN IS PREPARED AND SIGNED BY RUBINBROWN LLP. THE COMPLETED 990, INCLUDING REQUIRED SCHEDULES IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C LINDENWOOD UNIVERSITY'S CONFLICT OF INTEREST PROCEDURES ARE AS FOLLOWS: PRIOR TO A BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS FIXED BY A FIVE YEAR WRITTEN CONTRACT CONTAINING AN FIXED RATE OF PAY OVER THE FIVE YEAR TERM. NO ADDITIONAL BONUSES, INCENTIVE PAYMENTS, OR OTHER COMPENSATION IS PAID IN ADDITIONAL TO THE CONTRACTUAL SUM. ANY CHANGES IN THE SALARY AMOUNT IS HANDLED VIA AN AMENDMENT TO THE CONTRACT, WHICH WOULD HAVE TO BE APPROVED BY THE BOARD OF DIRECTORS. THE AMOUNT OF COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE, APPOINTED BY THE CHAIRMAN OF THE BOARD. THIS COMMITTEE CONSISTED OF BOARD MEMBERS WITH VARIOUS PROFESSIONAL, LEGAL, AND BUSINESS BACKGROUNDS. THE COMPENSATION COMMITTEE DETERMINES THE SALARY PARAMETERS BASED ON AN EXTENSIVE REVIEW OF SALARIES AND COMPENSATION PAID PRESIDENTS OF OTHER SIMILARLY SIZED UNIVERSITIES, INCLUDING DATA FROM THE CARNEGIE CLASSIFICATIONS PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION. NEGOTIATIONS BETWEEN THE COMMITTEE AND THE PRESIDENT LEAD TO A DRAFT CONTRACT THAT IS SUBMITTED TO THE LINDENWOOD UNIVERSITY BOARD OF DIRECTORS EXECUTIVE COMMITTEE FOR REVIEW, COMMENT, AND OVERSIGHT INSTRUCTION. CHANGES, MODIFICATIONS, AND RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE LEAD TO FURTHER NEGOTIATIONS WITH THE PRESIDENT IN ORDER TO IMPLEMENT THEIR RECOMMENDATIONS. THE FINAL CONTRACT DRAFT IS THEN SUBMITTED TO THE FULL LINDENWOOD UNIVERSITY BOARD OF DIRECTORS FOR APPROVAL. THE LINDENWOOD UNIVERSITY PRESIDENT REVIEWS BENCHMARK COMPENSATION DATA RELATIVE TO INTERNAL AND EXTERNAL PEERS. THOSE FINDINGS, COUPLED WITH AN EVALUATION OF OVERALL WORK PERFORMANCE ARE USED TO DETERMINE ANNUAL SALARIES OF KEY EMPLOYEES WITHIN THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC AT THIS TIME. THE UNIVERSITY WILL PROVIDE A COPY OF THE IRS FORM 990 UPON WRITTEN REQUEST TO THE UNIVERSITY. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENT 17,882. IMPAIRMENT LOSS -868,692. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE FROM PRIOR YEAR.