2019-05-15T15:28:07-05:00 2018-06-30 363168081 SIKICH LLP 3201 W WHITE OAKS DR STE 102 SPRINGFIELD IL 62704 990 2017-07-01 370661227 LINCOLN UNIVERSITY AKA LINCOLN COLLEGE LINC 2177323155 300 KEOKUK STREET LINCOLN IL 62656 GREG EIMER VP OF FINANCE 2177323155 2019-05-14 1 JILL M BOYLE CPA P01246734 2177933363 2019-05-14 209.170.231.5 2019-05-14 14:36:37 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D845358BABF1F13643AFD2AEE4BA53C7EABFA55A 2017 2019-02-21 02:37:17Z DAVID M GERLACH PHD 300 KEOKUK STREET LINCOLN IL 62656 23397553 0 X WWW.LINCOLNCOLLEGE.EDU X 1865 IL LINCOLN COLLEGE UNIQUELY EMPOWERS STUDENTS TO REALIZE THEIR FULL POTENTIAL. 26 26 722 49 0 0 1595206 2391075 17782286 18033632 6528411 143747 743628 727908 26649531 21296362 5507471 5314932 0 0 10238031 9783016 0 0 577668 8421784 8783540 24167286 23881488 2482245 -2585126 55599239 53156098 10034866 9412454 45564373 43743644 LINCOLN COLLEGE UNIQUELY EMPOWERS STUDENTS TO REALIZE THEIR FULL POTENTIAL 0 0 11476949 5287819 11037944 LINCOLN COLLEGE - LINCOLN CAMPUS - COLLEGE LEVEL ACADEMIC PROGRAM FOR APPROXIMATELY 681 FULL TIME EQUIVALENT STUDENTS 2468107 27113 2379164 LINCOLN COLLEGE - NORMAL CAMPUS - COLLEGE LEVEL ACADEMIC PROGRAM FOR APPROXIMATELY 166+ FULL TIME EQUIVALENT STUDENTS 2502744 4947160 AUXILIARY PROGRAMS - LINCOLN CAMPUS - STUDENT CENTER, HOUSING, & DINING HALL 16447800 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1136 0 722 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 X GREG A EIMER LINCOLN UNIVERSITY 2177323155 300 KEOKUK STREET LINCOLN IL 62656 LAURA BELTCHENKO TRUSTEE 1.00 X 0 0 0 BRENDA J CHAPMAN-LIMA TRUSTEE 1.00 X 0 0 0 JAMES GLENN TRUSTEE 1.00 X 0 0 0 GRETA GRIBKOFF TRUSTEE 1.00 X 0 0 0 DOLAN DALPOAS TRUSTEE 1.00 X 0 0 0 LEE KOMNICK TREASURER 1.00 X X 0 0 0 JOHN R EDWARDS TRUSTEE 1.00 X 0 0 0 DAVID CLAPP CHAIRMAN 4.00 X X 0 0 0 RIKEESHA PHELON TRUSTEE 1.00 X 0 0 0 A PATRICK DOOLIN TRUSTEE 1.00 X 0 0 0 MICHAEL FISHER TRUSTEE 1.00 X 0 0 0 DONALD LUDWIG TRUSTEE 1.00 X 0 0 0 GLENN SHELTON TRUSTEE 1.00 X 0 0 0 SUSAN HOBLIT VICE CHAIR 1.00 X X 0 0 0 PHILLIP W STYLES TRUSTEE 1.00 X 0 0 0 DEE PIERCE TRUSTEE 1.00 X 0 0 0 ROBERT NEAL PAST CHAIR 1.00 X 0 0 0 AMIR JOHN WAHAB MD TRUSTEE 1.00 X 0 0 0 S QUENTIN SPARKS SECRETARY 2.00 X X 0 0 0 JEFFREY SWALLOW TRUSTEE 1.00 X 0 0 0 LOUISE TAPER TRUSTEE 1.00 X 0 0 0 JUDITH B MORLEY TRUSTEE 1.00 X 0 0 0 LYNN M PAULUS TRUSTEE 1.00 X 0 0 0 JEFFREY T WALKER DDS MS TRUSTEE 1.00 X 0 0 0 JACK SPARACIO TRUSTEE 1.00 X 0 0 0 JOHN D BLACKBURN TRUSTEE 1.00 X 0 0 0 DAVID M GERLACH PHD PRESIDENT 50.00 X 190334 0 10093 GREG A EIMER V.P. FOR FINANCE 50.00 X 113754 0 9074 ADELAIDE GIGI FANSLER V.P. ACADEMIC AFFAIRS 50.00 X 157038 0 4343 DEBBIE ACKERMAN V.P. INSTITUTIONAL ADV 50.00 X 102118 0 2345 563244 0 25855 4 0 1 0 CORE CONSTRUCTION 866 N MAIN STREET MORTON IL 61550 RENOVATIONS 1022093 JENZABAR PO BOX 55018 BOSTON MA 02205 SOFTWARE MAINTENANCE 162515 WESTERN SPECIALTY CONTRACTORS 309 NE ROCK ISLAND AVE PEORIA IL 61603 ROOFING 154365 TAYLOR-MADE CONSTRUCTIONS 1 ILLINI DRIVE LINCOLN IL 62656 RENOVATIONS 138237 OTTO BAUM COMPANY 866 N MAIN STREET MORTON IL 61550 RENOVATIONS 130255 5 102355 517243 1771477 161643 2391075 TUITION & FEES 900099 13417108 13417108 AUXILLARY ACTIVITIES 900099 4616524 4616524 18033632 150480 150480 440900 22096 418804 418804 418804 1934029 1909147 31615 24882 -31615 -6733 -6733 42684 102355 64216 -21532 -21532 77480 74117 3363 3363 MISCELLANEOUS INCOME 900099 305593 305593 SOAR PROGRAM 900099 21680 21680 327273 21296362 18364268 0 541019 5314932 5314932 325911 176907 129348 19656 7982941 4888403 2743443 351095 34444 18247 14408 1789 812008 372701 428418 10889 627712 416465 176789 34458 54791 54791 80016 80016 272781 48597 224060 124 27988 27988 345925 345925 754710 178666 576044 199345 199345 394528 331415 19593 43520 315912 315912 1580691 1518252 62439 574587 119415 455172 SUPPLIES 2232276 1854671 365499 12106 CONTRACTUAL 852793 68633 713510 70650 BAD DEBT 300000 300000 EQUIP MAINT/REPAIR 256654 3910 252744 540543 321329 213821 5393 23881488 16447800 6856020 577668 270194 262765 636500 582207 2337973 709173 27630 26038 185976 134876 330371 358476 70370614 29711404 40382410 40659210 8392195 7601850 3035990 2821503 55599239 53156098 2058431 1677951 386316 256790 6793907 6755669 796212 722044 10034866 9412454 X 27892762 25252071 9870462 10492687 7801149 7998886 45564373 43743644 55599239 53156098 X -2585126 776403 -12006 X 0 1 X 1 1 1 X 1751806 X X X X 0 19465874 972904 1188869 3099491 36583 18491573 26095829 644479 1773237 9044235 3436 19465874 38299159 1034361 -2268083 39325 10920657 9626 26095829 38327103 2614367 920101 29850 3526362 6200 38299159 38077874 1327246 3296500 28600 4342839 3078 38327103 0.00000 0.43000 0.57000 0 0 12470370 829232 13299602 7473924 33657688 17201562 23930050 481777 15222011 12509842 3193946 235612 235612 40659210 CAPITAL CAMPAIGN INVESTMENT 88387 CHARITABLE REMAINDER TRUST - INVESTMENTS 918638 LIFE INSURANCE - CSV 62672 MUSEUM & ARTS COLLECTION 1751806 2821503 ADV FROM FED GOVT FOR STDT LOANS 23682 AGENCY FUNDS 26490 ANNUITITES PAYABLE 669850 SEVERANCE PYMTS PAYABLE 2022 722044 X 16775827 776403 17994 794397 15981430 5314932 5314932 21296362 18596556 30000 30000 18566556 5314932 5314932 23881488 PART III, LINE 4: THE COLLEGE COLLECTION INCLUDES MANY ARTIFACTS RELATED TO ABRAHAM LINCOLN AND LOGAN COUNTY, AS WELL AS ART MADE BY STUDENTS. THE COLLECTION FURTHERS THE ART AND HISTORY EDUCATION OF STUDENTS AND OF THE LOCAL COMMUNITY. ART IS ON EXHIBIT AT THE COLLEGE MUSEUM AND THROUGHOUT THE CAMPUS. PART X, LINE 2: THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE COLLEGE IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED ACTUARIAL GAIN 17,994. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 5,314,932. PART XII, LINE 2D - OTHER ADJUSTMENTS: BENEFICIARY PYMT FROM BEQUEST REVENUE 30,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 5,314,932. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS LISTED IN THE STUDENT HANDBOOK THAT IS PROVIDED ON THE WEBSITE. THIS POLICY IS ALSO PRINTED AND PROVIDED TO NEW STUDENTS AND PARENTS DURING THE REGISTRATION PROCESS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES THE FOLLOWING FEDERALLY FUNDED GRANTS: TITLE IV COLLEGE WORKSTUDY, SEOG, AND TITLE III SIP GRANT. MUSEUM GRAND SOIREE 91590 58435 33155 5560 4602 9789 11944 GOLF OUTING 53449 43920 9529 8053 10751 10575 2942 145039 102355 42684 13613 15353 20364 14886 64216 -21532 1 LINCOLN COLLEGE SCHOLARSHIPS 756 168199 5072673 REDUCTION OF TUITION & FEES STUDENT SCHOLARSHIPS PRIVATELY FUNDED LC SCHOLARSHIPS 60 74060 SCHOLARSHIPS GIVEN PART I, LINE 2: THE COLLEGE FOLLOWS GUIDELINES SET FORTH BY THE DEPARTMENT OF EDUCATION AND BY THE COLLEGE TO DETERMINE STUDENT ELIGIBILITY FOR SCHOLARSHIPS. STUDENTS QUALIFY FOR LINCOLN COLLEGE SCHOLARSHIPS BASED ON VARIOUS CRITERIA INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, EXTRA-CURRICULAR PARTICIPATION, AND NEED. THE COLLEGE'S FINANCIAL AID DEPARTMENT HAS NUMEROUS POLICIES IN PLACE TO DETERMINE WHO RECEIVES, HOW THEY ARE ADMINISTERED, AND WHEN THE STUDENTS RECEIVE THE SCHOLARSHIP. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DAVID M GERLACH PHD PRESIDENT 190334 0 0 0 0 0 975 0 9118 0 200427 0 0 0 ADELAIDE GIGI FANSLER V.P. ACADEMIC AFFAIRS 157038 0 0 0 0 0 633 0 3710 0 161381 0 0 0 PART I, LINE 1A THE PRESIDENT IS REQUIRED TO LIVE IN THE HOME OWNED BY THE COLLEGE. THE HOME IS USED TO ENTERTAIN POTENTIAL DONORS, AND FOR BOARD MEETINGS, ETC. X 4 103608 FMV X LED LIGHTING 1 26025 COST X SOIREE AUCTION DONATIONS 53 18335 COST X PERCUSSION INSTRUMENTS 1 9665 COST X GOLF OUTING SWAG 1 4010 COST 0 1 1 PART I, LINE 32B: THE COLLEGE USES EDWARD JONES TO SELL STOCK DONATIONS. FORM 990, PART VI, SECTION A, LINE 4 THE COLLEGE AMENDED ITS GOVERNING CHARTER AND BYLAWS TO ELIMINATE ALL REFERENCES TO ITS RELIGIOUS SYNODICAL AFFILIATION AND TO ELIMINATE A RESIDENCY REQUIREMENT OF A CERTAIN NUMBER OF ITS GOVERNING BOARD OF TRUTEES. FORM 990, PART VI, SECTION B, LINE 11B THE VP OF FINANCE, WHO IS A CPA, AND THE CONTROLLER REVIEW THE 990 BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD REVIEWS SUBMISSIONS ANNUALLY FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OBTAINS SALARY LEVELS OF REGIONAL-AREA SMALL, PRIVATE COLLEGES/UNIVERSITIES FOR COMPARISION. THEY ALSO USE THE SALARY AMOUNT PAID TO THE PRIOR PRESIDENT AS A COMPARISION FOR SETTING THE SALARY FOR A NEW INCOMING PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: ACTUARIAL GAIN ON ANNUITIES 17,994. BENEFICIARY PAYMENT FROM BEQUEST REVENUE -30,000.