2019-02-01T13:35:20-06:00 2018-05-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2017-06-01 370681530 Greenville College GREE 6186647000 315 East College Avenue Greenville IL 62246 Tim Dietz VP of Finance/CFO 6186647000 2019-02-01 David C Moja P00747006 3178852620 139.146.132.42 2019-02-01 14:35:01 ES P AE8ABC7963CAE1393E5A6291B4AEB34EC3E927A3 EC15D15F992D988EB82AE649E080C8AB9B31454B 2017 2019-02-21 02:37:17Z Greenville University Ivan Filby 315 East College Avenue Greenville IL 62246 36768054 0 X www.greenville.edu X 1892 IL To transform students for lives of character and service through a Christ-centered education. 19 19 847 48 33415 -11643 5601914 3672476 31319631 31116428 529459 791035 32515 -4246 37483519 35575693 11642810 11841456 0 0 11737673 13905900 0 0 558002 11642032 11914874 35022515 37662230 2461004 -2086537 62062071 62038684 11570260 12853976 50491811 49184708 Greenville College empowers students for lives of character and service through a transforming Christ-centered education in the liberal arts, sciences, and professional studies. 0 0 31292922 11841456 25251203 UNDERGRADUATE AND GRADUATE LEVEL EDUCATION SERVICES-Instruction, scholarships, and other student services:Classes are held for approximately 1,300 students. Faculty, instruction, equipment and supplies are provided for the classroom and library. Students are awarded scholarships on the basis of need and academic achievement. Student support services include student development, religious life, student organizations and many other student activities. 1988564 5787146 AUXILIARY SERVICES -Food Service, Textbook Services, and Residence Halls:Cafeteria-style dining services are offered in the Dining Commons and snack bar/grill services are offered in the Student Union.Textbook rental services are provided to all enrolled students.Eight residence halls and nine student houses provide housing for approximately 700 students. 33281486 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 1855 0 1 847 1 1 1 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO IN X Greenville University-Tim Dietz 6186647010 315 East College Ave Greenville IL 62246 Jerry Hood Chair 6.00 X X 0 0 0 Howard Costley Vice Chair 3.00 X X 0 0 0 Melissa Westover Secretary 3.00 X X 0 0 0 David Colgan Treasurer 3.00 X X 0 0 0 Robert Bastian Trustee 1.00 X 0 0 0 Valerie Gin Trustee 1.00 X 0 0 0 Dan Denbo Trustee 1.00 X 0 0 0 Dennis Fenton Trustee 1.00 X 0 0 0 Mark Whitlock Trustee 1.00 X 0 0 0 Doug Newton Trustee 1.00 X 0 0 0 Kathleen Turpin Trustee 1.00 X 0 0 0 Donald Wolf Trustee 1.00 X 0 0 0 Karen Longman Trustee 1.00 X 0 0 0 Paul Donnell Trustee 1.00 X 0 0 0 Benjamin Tolly Trustee 1.00 X 0 0 0 Victor Shepherd Trustee 1.00 X 0 0 0 Venessa Brown Trustee 1.00 X 0 0 0 Hugo Perez Trustee 1.00 X 0 0 0 Dennis Spencer Trustee 1.00 X 0 0 0 Charles McPherson Trustee (part year) 1.00 X 0 0 0 Tim Dietz CFO 40.00 X 115406 0 30141 Ivan Filby President 40.00 X 171296 0 67050 286702 0 97191 2 0 1 0 Sodexo Inc 4880 Paysphere Circle Chicago IL 60674 Food Services 1644270 Pinnacle Sign Group 505 N Glenstone Ave Springfield MO 65802 Signage 1063644 Plocher Construction 2808 Thole Plocher Rd Highland IL 62249 Construction 388925 Ruffalo Noel Levitz PO Box 718 Des Moines IA 50303 Marketing/Admissions 388049 Jewett Roofing Company 1800 South Elm St Greenville IL 62246 Roofing 357975 22 21641 355217 3295618 131753 3672476 Tuition and fees 900099 24937272 24937272 Auxiliary enterprises 900099 5787146 5787146 Other program revenue 900099 351289 313931 37358 Sports training ctr 713940 23945 23945 Print shop 900099 16776 16776 31116428 790965 790965 100991 98375 2616 2616 -7306 9922 1076133 1076063 70 70 70 11061 21641 17923 -6862 -6862 35575693 31038349 33415 831453 11841456 11841456 353332 280035 54937 18360 20499 17137 3362 10460677 8542641 1675880 242156 395490 318624 62507 14359 1974607 1631801 323562 19244 701295 569619 111747 19929 24303 20317 3986 74789 74789 68520 68520 1755790 1467833 287957 256854 214729 42125 1147647 892710 175130 79807 602195 479871 94140 28184 1081284 858353 176127 46804 998750 818972 160665 19113 63636 53199 10437 369448 301625 59172 8651 2179191 1778867 348975 51349 230100 192363 37737 Food service 1393093 1393093 Student services 1265962 1265962 Memberships 134042 112059 21983 Textbook rental 82373 82373 186897 147847 29004 10046 37662230 33281486 3822742 558002 5399 5749 11556575 6957012 1539017 1074829 30318 266913 61111764 31401072 27578608 29710692 19183604 21940527 762235 812447 1436633 1159647 0 80550 62062071 62038684 1409735 1589420 1589671 1382732 758012 957667 6870382 8140639 942460 783518 11570260 12853976 X 28166110 26285555 7894608 8053566 14431093 14845587 50491811 49184708 62062071 62038684 X -2086537 723100 56334 X X 0 1 X 1 1 1 X 3071278 3929578 3184695 5601914 3672476 19459941 3071278 3929578 3184695 5601914 3672476 19459941 340711 19119230 515664 957664 696975 402065 804930 3377298 5049 358 5472 0 10879 40235 37973 26792 27136 48419 180555 23028673 162866892 0.83020 0.83610 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising events - 2013 Amount: $ 12,915. 2014 Amount: $ 7,886. 2015 Amount: $ 10,093. 2016 Amount: $ 3,600. 2017 Amount: $ 11,061. Other income - 2013 Amount: $ 27,320. 2014 Amount: $ 30,087. 2015 Amount: $ 16,699. 2016 Amount: $ 23,536. 2017 Amount: $ 37,358. Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, columns (a) - (e): Per the instructions public support is measured using a 5-year computation period that includes the current and four prior tax years (including short years). The organization had a short year in 2016. The below chart clarifies the information represented in Schedule A, Part II: Column (a) - Fiscal year ending 6/30/14 Column (b) - Fiscal year ending 6/30/15 Column (c) - Fiscal year ending 6/30/16 Column (d) - 11 month period ending 5/31/17 Column (e) - Fiscal year ending 5/31/18 X X X X X Art Education 0 19392172 474567 1287069 895435 62033 20196340 16499214 1974029 1647757 583304 145524 19392172 16865645 439033 -170504 460614 174346 16499214 17485715 350711 540853 438030 1073604 16865645 15167859 929185 1905523 377879 138973 17485715 0.01170 0.73510 0.25320 0 0 2626564 2626564 52016630 26422741 25593889 3620994 2818928 802066 2847576 2159403 688173 29710692 Annuities and trusts payable 119239 Student deposits 134074 Asset retirement obligations 530205 783518 24629969 723100 172632 895732 23734237 11841456 11841456 35575693 25937072 116298 116298 25820774 11841456 11841456 37662230 Part III, Line 1a: The College maintains a collection of donated art. The collection is held exclusively for public exhibition, education and research. The collection is appropriately catalogued and cared for by the curator. As allowed by the accounting standards, the College has elected not to recognize the collection in the statements of financial position. Proceeds from any deaccessions or insurance recoveries are used to acquire other works of art. Part III, Line 4: Greenville College is privileged to be the home and conservator of the Richard W. Bock Sculpture Museum. This museum, established in 1975, houses an extensive collection of sculptures, drawings, photographs, and the Bock family art library. The Bock family presented the collection to Greenville College on the condition that the works be placed on permanent exhibition. Public exhibition and preservation for future generations are the primary purposes the College maintains the collection. However, the College also loans pieces to other museums for temporary exhibits, allows researchers and other interested parties to use the museum's resources, and utilizes the collection as a tool for teaching art to students of the College. Part V, Line 4: The permanent endowments are established and used to provide scholarships to students attending Greenville College, to fund various academic programs and to fund campus improvements. Most of the amount shown on Line 1b, column (e) includes endowed assets transferred upon dissolution of Greenville College Foundation on July 1, 2010. Part XI, Line 2d - Other Adjustments: Rental expenses reported on Part VIII, Line 6b 98,375. Fundraising expenses reported on Part VIII, Line 8b 17,923. Change in value of gifts held in trust 56,334. Part XI, Line 4b - Other Adjustments: Scholarships netted with student tuition and fees 11,841,456. Part XII, Line 2d - Other Adjustments: Rental expenses reported on Part VIII, Line 6b 98,375. Fundraising expenses reported on Part VIII, Line 8b 17,923. Part XII, Line 4b - Other Adjustments: Scholarships netted with student tuition and fees 11,841,456. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A statement of the racial non discrimination policy is included as a student admissions policy and requirement within our College Catalog, which is viewable on our website. Schedule E, Part I, Line 6 The College receives funding from the federal government in connection with provisions of Title IV of the Higher Education Act. As a result, the College is required to comply with various regulations related to these programs. 1 East Asia and the Pacific 0 0 Program Services Recruiting students/semester abroad 67523 0 0 0 0 0 0 67523 0 67523 0 0 0 0 0 0 Part I, line 3: Accrual method of accounting Golf Scramble 21598 14287 7311 2425 3521 2925 Hall of Fame 11104 7354 3750 282 6478 2292 32702 21641 11061 2707 3521 9403 2292 17923 -6862 1 Student scholarships 827 11841456 Part I, Line 2: Students requesting financial aid are screened for financial need, academic merit, and other scholarship criteria prior to the awarding of scholarships. The combined total of scholarships, grants and other tuition related awards may not exceed the cost of tuition. Students must meet the enrollment guidelines and maintain satisfactory academic progress to retain awards received. Monitoring of these criteria is a combined effort of the Financial Aid office, the Registrar's office and the Business office. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Ivan Filby President 171296 0 0 0 0 0 11067 0 57040 0 239403 0 0 0 Part I, Line 1a RESIDENCE FOR PERSONAL USE AND PERSONAL SERVICES - As a condition of employment, the Greenville College president is required to live in a home which is on campus and owned by the College. Because the President utilizes this house for business purposes and meetings and it is used for Greenville College business functions, the College provides housekeeping services on a regular basis. The fair rental value of the home has been estimated at $2,625 per month. This nontaxable compensation is reported on Schedule J, Part II, Column D. The benefits described above are provided according to the President's employment contract, which is reviewed and approved by the Executive Committee of the Board of Trustees. 7250 Merit Scholarship Scholarship Kathie Filby Family member of Ivan Filby, President 20400 Wages and Benefits 0 Schedule L, Part III All scholarships are awarded on an objective and nondiscriminatory basis based on pre-established criteria. These criteria include financial need, academic merit, criteria set by donors, and other factors. No scholarships are awarded on the basis of a student's familial relationships. Scholarships reported in Schedule L, represent 0.15% of total scholarship expense. X 2813 Fair market value X 2 15000 Fair market value X 7 71229 Fair market value X Signage 3 15200 Cost X Software Dev. 1 11222 Cost X Materials 1 10000 Cost X Equip/Furn. 3 6289 FMV 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part I, Line 5: The number of employees reported here is the total number of Forms W-2 issued for the year 2017. However, this number is not indicative of the number of employees the College employs at any given point in time. Due to the high volume of student workers employed and the short-term nature of their work, the number of Forms W-2 issued is much higher than the average number of individuals employed on an on-going basis. Over a twelve-month period, the average number of individuals paid in a pay period is approximately 490. Of this number, approximately 230 are faculty/staff and approximately 260 are student workers. Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the four Officers, Business Affairs Committee Chair, and one at-large member. The Executive Committee shall conduct any business authorized by the Board and other urgent business that cannot be reasonably deferred until the next Board meeting. It may not countermand any action taken by the Board without the Board's express permission. Form 990, Part VI, Section B, line 11b The College's 990 is prepared by an independent CPA firm using information from management. The Form 990 is reviewed in detail by management and provided to each Board Member for review. However, the Board review copy does not disclose Schedule B contributor names and addresses. Upon approval of management and the Board, the Form 990 is filed electronically with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Conflict of interest questionnaires are completed annually by all Trustees, officers, and executive management. All responses are carefully reviewed by an independent staff member of the College for possible conflicts of interest. Should any potential conflicts of interest be disclosed, the Trustee or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Greenville College Board Policy Manual stipulates the following with respect to the President's evaluation and compensation: "7.4 President's Evaluation and Compensation: The officers of the Board negotiate all contractual matters with the President and conduct the President's annual evaluation. The contract will be presented to the full board, sitting in executive session, for consideration and approval. The officers report the findings of the annual review of the President to the Executive Committee and to the full board sitting in executive session." Board policy also provides for a review of the compensation of all the President's direct reports as follows: "4.10 Compensation Reviews: Compensation for all the President's direct reports must be reviewed by the Business Affairs Committee on an annual basis. The President's compensation is set in accordance with Section 7.4 of this Policy Manual. The review of compensation for both the President and direct reports must include consideration of compensation data for similar positions with similar scope of responsibility, educational requirements, and experience levels at comparable institutions with similar enrollment, budget, and type of location. Sources for compensation data should include Council for Christian Colleges and Universities (CCCU) and College and University Professional Association for Human Resources (CUPA-HR) or similar type organizations. Compensation comparisons for the President and direct reports should include, as much as possible, the following elements: salary, incentive pay of any kind, health benefits, retirement benefits, any allowances including tuition or educational waivers or reimbursements, and any other taxable benefits. No employee of the College or any committee or Board member having any conflict of interest whatsoever in the compensation reviews for the President and direct reports shall be allowed to participate in the discussion or approval process. Comparison data used in the review process, a discussion summary concerning the compensation comparisons and the appropriate compensation levels, any action taken by the Officers, Business Affairs Committee or the Board shall be documented at the time of such meeting and shall be kept on permanent record at the College. Compensation guidelines for the President and direct reports are plus or minus 20% of the average median compensation levels of the CCCU and CUPA-HR. Form 990, Part VI, Section C, line 19 The College makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Change in value of gifts held in trust 56,334. Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Charitable remainder trusts (3) Trust MI The Free Methodist Foundation T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0