2018-05-15T16:00:47-07:00 2017-06-30 990 2016-07-01 370661219 MCKENDREE UNIVERSITY MCKE 6185376981 701 College Rd Lebanon IL 62254 Shari Keffer Interim VP for Finance 6185376838 2018-05-15 2016 2022-09-23 18:48:47Z Shari Keffer 701 College Rd Lebanon IL 62254 88714482 0 X www.mckendree.edu X 1828 IL The mission of McKendree University is to provide a high quality educational experience to outstanding students. We guide our students in the pursuit of academic excellence which will prepare them for leadership roles in our society. To achieve this end we encourage broader vision, enriched purpose, engagement with community, commitment to responsible citizenship, openness to new ideas and dedication to lifelong learning. In keeping with our history and traditions, we provide our students with a rigorous, broadly based liberal arts curricula joined with specialization in a specific discipline. 31 30 1275 382 202061 -178213 2611675 8693189 61553675 65424858 3702607 2401397 61593 45554 67929550 76564998 22904536 25179165 0 0 23931428 23934261 6634 0 1141986 20476476 21515085 67319074 70628511 610476 5936487 83438767 106600440 36150385 53032288 47288382 53568152 The mission of McKendree University is to provide a high quality educational experience to outstanding students. We guide our students in the pursuit of academic excellence which will prepare them for leadership roles in our society. To achieve this end we encourage broader vision, enriched purpose, engagement with community, commitment to responsible citizenship, openness to new ideas and dedication to lifelong learning. In keeping with our history and traditions, we provide our students with a rigorous, broadly based liberal arts curricula joined with specialization in a specific discipline. 0 0 46379975 25179165 54327389 INSTRUCTION AND ACADEMIC SUPPORT: We offer undergraduate, graduate and professional programs to develop our student's knowledge, analytical abilities, research capabilities, creativity, and sense of identity. We offer an intellectual and technological environment supportive of innovative and effective teaching, research, assessment and communication, excellent writing and oral skills, and decision making. 13656788 0 0 STUDENT SERVICES: To help our students develop an appreciation and understanding of diversity by providing knowledge of and opportunity for experience with multiple ethnicities, cultures, and societies and to create a culture of campus life that includes experiences beyond the classroom that allow for development of the whole person. 4541184 0 10464812 AUXILIARY SERVICES: To provide room and board for students at the Lebanon, IL campus. 0 0 0 64577947 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 1 4110 0 1275 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 30 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Shari Keffer 6185376838 701 College Rd Lebanon IL 62254 Mr Daniel J Lett Chairman 0 0 X 0 0 0 Mr George W Obernagel Vice Chair 0 0 X 0 0 0 Mr Jamie A Auffenberg Jr Secretary 0 0 X 0 0 0 Mr Thomas E Holloway Treasurer 0 0 X 0 0 0 Mr John L Bailey Board Member 0 0 X 0 0 0 Mr Charles R Caciano Board Member 0 0 X 0 0 0 Ms Barbara M Carstens Board Member 0 0 X 0 0 0 Ms Georgia Costello Board Member 0 0 X 0 0 0 Mr Daniel C Dobbins Board Member 0 0 X 0 0 0 Mr Jeff Dosier Board Member 0 0 X 0 0 0 Mr Carl E Draper Board Member 0 0 X 0 0 0 Rev Robert H Edwards Board Member 0 0 X 0 0 0 Mr Michael F Gauble Board Member 0 0 X 0 0 0 Mrs Lucia K S Graham Board Member 0 0 X 0 0 0 Mr Jeff C Lanter Board Member 0 0 X 0 0 0 Ms Jackie I Leemon Board Member 0 0 X 0 0 0 Mr Michael C Marchal Board Member 0 0 X 0 0 0 Mr Edward R McGlynn Board Member 0 0 X 0 0 0 Mr Gregory Mennerick Board Member 0 0 X 0 0 0 Mr Mark Mestemacher Board Member 0 0 X 0 0 0 Mr Donald L Metzger Board Member 0 0 X 0 0 0 Mr Matthew R Olmsted Board Member 0 0 X 0 0 0 Ms A Maria Page Board Member 0 0 X 0 0 0 Rev Miley E Palmer Board Member 0 0 X 0 0 0 Mr James P Poneta Board Member 0 0 X 0 0 0 Dr Valerie L Thaxton Board Member 0 0 X 0 0 0 Mr Nicholas I Tropiano Board Member 0 0 X 0 0 0 Mr Mark J Turner Board Member 0 0 X 0 0 0 Mr Mark Waltermire Board Member 0 0 X 0 0 0 Rev Sylvester Weatherall Board Member 0 0 X 0 0 0 Rev Edward R Weston Board Member 0 0 X 0 0 0 Ms Rebecca Wohltman Board Member 0 0 X 0 0 0 Dr James M Dennis President 40 0 X 463113 0 32333 Mrs Sally A Mayhew Vice President 40 0 X 133671 0 21029 Dr Christine Bahr Provost 40 0 X 156215 0 14649 Ms Victoria Dowling Senior Vice President 40 0 X 174909 0 22007 Dr Joseph Cipfl Dean of Graduate School 40 0 X 145473 0 21209 Mr Charles Brueggemann Athletic Director 40 0 X 127588 0 23797 Dr Richelle Rennegarbe Director of Graduate Nursing Programs 40 0 X 110183 0 13887 Mr Harry Statham Men's Basketball Head Coach 40 0 X 109259 0 18788 1420411 0 167699 10 0 1 0 Sodexo Inc & Affiliates 4880 Payshere Circle Chicago IL 60674 Physical Plant and Food Service 3746783 Locust Hills Village Partnership 220 Savannah Noel Ste 1B O Fallon IL 62269 Rental of housing units 1271280 AT&T PO Box 5080 Carol Stream IL 60197 Phone Service 314861 Dadisman Builders 6315-G Poplar Tree Ct Louisville KY 40228 Building Renovations 285858 Vandalia Bus Lines 312 W Morris St Caseyville IL 62232 Transportation Services 263371 12 0 0 0 0 168816 8524373 4975391 8693189 Tuition & Fees 611310 54158573 54158573 0 0 Room & Board 611710 9913280 9913280 0 0 1353005 1159451 193554 0 65424858 506386 506386 0 0 0 0 0 0 1122 1122 0 0 35925 8025 0 0 35925 8025 43950 27900 8025 8025 14037451 745 12143185 0 1894266 745 1895011 1895011 0 0 0 6781 6299 482 0 482 0 0 76564998 67661723 202061 8025 0 0 25179165 25179165 0 0 0 0 821010 170864 600601 49545 0 0 0 0 17825173 15988983 1226935 609255 1240884 1085191 105003 50690 2785244 2415968 278801 90475 1261950 1107148 112767 42035 0 0 0 0 76920 0 76920 0 69203 0 69203 0 0 0 0 0 0 0 151045 0 151045 0 407981 390406 16368 1207 596827 548171 20916 27740 2622258 2158159 244588 219511 577475 208066 369280 129 1545 1545 0 0 6659994 6082996 574672 2326 1484285 1462944 7529 13812 0 0 0 0 428621 382934 24266 21421 1143979 927415 216564 0 0 0 0 0 3451949 2798467 653482 0 209147 204947 0 4200 Meals - Board Plan 1559415 1559415 0 0 2074441 1905163 159638 9640 70628511 64577947 4908578 1141986 591889 226765 0 0 825124 2092582 4561797 6121699 0 0 0 0 452408 452542 2529 82363 267314 296271 109217576 45136853 45657147 64080723 31076236 33247495 0 0 0 0 0 0 4323 0 83438767 106600440 5577815 5636822 0 0 1773432 1589171 17266130 14435720 0 0 0 0 11533008 31370575 0 0 0 36150385 53032288 X 14579325 15258114 9703344 14786639 23005713 23523399 47288382 53568152 83438767 106600440 X 5936487 1113281 0 0 0 -769998 X 1 X 1 X 1 1 1 X 1809217 3377757 4046223 2611675 8693189 20538061 0 0 0 0 0 0 0 0 0 0 0 0 1809217 3377757 4046223 2611675 8693189 20538061 6421610 14116451 562592 502004 473242 594874 535407 2668119 0 0 0 0 0 0 0 0 0 0 0 0 23206180 295404463 0.60831 0.84423 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35604660 3285715 3161314 201324 181555 0 41668810 37030053 900732 399699 624169 2101655 0 35604660 36769842 910663 634205 959613 325044 0 37030053 30879206 3132529 4102310 794301 549902 0 36769842 28584224 599118 2621826 349359 576603 0 30879206 0.14 0.31 0.55 1 0 815200 1706703 2521903 158196 88526904 29688948 58996152 0 324007 0 324007 14604 17641895 15447905 2208594 0 30067 0 30067 64080723 77552121 1113281 0 0 24887 1138168 76413953 151045 0 151045 76564998 71272351 0 0 0 794885 794885 70477466 151045 0 151045 70628511 Schedule D, Part V, Line 4 The University's endowment consists of donor-restricted endowment funds established for various purposes including scholarships and financial aid, faculty and academic programs development, maintenance, and general support. The endowment also includes Board-designated funds various purposes such as long-term investment, special projects and growth to the endowment. Schedule D, Part XI, Line 2d This amount represents a gain in actuarial value of $24,887. Schedule D, Part XII, Line 2d This amount represents an impairment loss on property of $794,885 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 following statement is periodically published in the newspaper media: LEGAL NOTICE: Non-Discriminatory policy - In compliance with Title IX of the Education Act Amendment of 1972, Title VII of the 1964 Civil Rights Act, Section 504 of the Rehabilitation Act of 1973, the Americans with Disabilities Act and other federal, state and local equal opportunity laws, and in accordance with our values, McKendree University will not discriminate on the basis of race, religion, gender, ethnic background, age, disability, sexual orientation, or gender expression in any phase of its admissions, financial aid, educational, athletic or other programs or activities, or in any phase of its employment practices. Schedule E, Part I, Line 6 The University participates in all applicable Federal and State financial aid programs. 1 Institutional Financial Aid 1674 25179165 0 Schedule I, Part I, Line 2 The Office of Financial Aid determines eligibility for institutional financial aid based on financial need and/or academic performance. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Dr James M Dennis President 312042 0 0 0 151070 0 28291 0 4042 0 495445 0 0 0 Mrs Sally A Mayhew Vice President 132198 0 0 0 1473 0 12822 0 8207 0 154700 0 0 0 Dr Christine Bahr Provost 155121 0 0 0 1094 0 13961 0 688 0 170864 0 0 0 Ms Victoria Dowling Senior Vice President 168219 0 0 0 6690 0 15821 0 6186 0 196916 0 0 0 Dr Joseph Cipfl Dean of Graduate School 140776 0 0 0 4697 0 13000 0 8209 0 166682 0 0 0 Mr Charles Brueggemann Athletic Director 127092 0 0 0 497 0 12551 0 11246 0 151386 0 0 0 Schedule J, Part I, Line 1a The University owns and maintains an on-campus residence provided for use by the President of the University as a condition of his employment. A Southwestern Illinois Development Authority 371234684 2016-11-14 6646894 Residential Facilities Revenue Bonds - McKendree University 0 0 0 B County of St Clair Illinois 376001924 788705AA9 2004-06-15 6470000 McKendree College Project - Hettenhausen Center for the Arts 0 0 0 C County of St Clair Illinois 376001924 2012-11-16 10000000 Revenue Bonds (McKendree University) Series 2012 - Refunding 0 0 0 A 0 0 6646894 0 0 0 0 0 0 0 6646894 0 1 0 1 1 B 4540000 0 6470000 0 0 0 129400 41526 0 6299074 0 0 2006 0 0 1 1 C 3655000 0 10000000 972000 0 0 200000 0 0 271586 8556414 0 2014 1 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 B 0 0 1 1 0 0 0 0 0 0 1 C 0 0 1 1 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 Schedule K, Part I, Column f-11/14/2016 6,646,894 Southwestern Illinois Development Authority The Series 2010 Bonds, originally issued 12/30/2010, were modified in a manner that resulted in a 'reissuance' for tax purposes. Schedule K, Part II, Line 11-11/14/2016 6,646,894 Southwestern Illinois Development Authority In connection with the 'reissuance' of the Series 2010 Bonds, $6,646,894 was treated as used to refinance the outstanding Series 2010 Bonds. Schedule K, Part II, Line 11-11/16/2012 10,000,000 County of St Clair Illinois Represents $8,556,414 of Series 2012 Bond proceeds used to refinance the Series 2004 Bonds. Schedule K, Part IV, Line 2c-06/15/2004 6,470,000 County of St Clair Illinois The arbitrage rebate calculation was completed on August 1, 2014. John C Bailey John C Bailey, family member of board member John L Bailey, is CEO of Apartment Community Operators 277049 McKendree had several leases for student housing on a property managed by Apartment Community Operators 0 X 3 1025391 Avg share price on day of gift X 1 3950000 Appraisal 0 1 0 Form 990, Part VI, Section A, Line 2 Dr Georgia Costello and Dr Valerie Thaxton have a business relationship. Form 990, Part VI, Section B, Line 11b The completed 990 was reviewed by the Finance Committee and then made available to the entire Board of Trustees for their review prior to being filed. Form 990, Part VI, Section B, Line 12c At least annually, the policy is reviewed by the Board and all Board members are asked to disclose any conflict of interest. At any time, should a governing board decision involve a party where a potential conflict arises, the Board member will abstain from voting. Form 990, Part VI, Section B, Line 15 A review of compensation of management officials and senior officers at similar organizations is conducted annually using survey data and Form 990 data from selected comparable organizations. The survey data is presented to and reviewed by the Board Executive Committee prior to determination of compensation. Form 990, Part VI, Section C, Line 19 McKendree University will make a hardcopy of its governing documents, conflict of interest policy, and financial statements available to the public upon a written request made to the University. Form 990, Part XI, Line 9 The other changes are comprised of an actuarial gain of $24,887 and an impairment loss of $794,885 McKBearcat LLC 1015 Belleville St Lebanon IL 62254 455529308 Operating a public golf club IL 204496 1108344 McKendree University