2018-03-15T11:45:16-05:00 2017-05-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2016-06-01 350867954 Anderson University Inc ANDE 7656414001 1100 East 5th Street Anderson IN 46012 Suahil Housholder Asst Treasurer and Controller 7656414001 2018-03-15 1 Francis K Brown II P00465640 3178852620 139.146.132.42 2018-03-15 10:44:15 MD P 72271F980C62DA7DA9CDBA9A25BC3C3C4DA140C0 FD42FA88FC2ED290B4FD711C98F5A4FC48F63217 2016 2021-01-29 14:40:06Z Anderson University John Pistole 1100 East 5th Street Anderson IN 46012 70792090 0 X www.anderson.edu X 1917 IN To educate persons for a life of faith and service in the church and society 31 30 1723 183 0 0 6096496 5628336 57953276 57339796 602908 960567 1853255 1849145 66505935 65777844 20618441 20814291 0 0 27426266 25015500 24990 9508 1284029 20343394 20035356 68413091 65874655 -1907156 -96811 140047764 133415516 66886153 62233675 73161611 71181841 X The mission of Anderson University is to educate for a life of faith and service in the church and society. Established and sustained within the free and open traditions of the Church of God, this university is committed to being a teaching-learning community of the highest order, engaged in the pursuit of truth from a Christian faith perspective. Through academic and Christian discovery, we intend to graduate people with a global perspective who are competent, caring, creative, generous individuals of character and potential. We will build those quality programs that will enable each member of the university to become stronger in body, mind, and spirit, to experience what it means to love God and neighbor, and to adopt Christ-like servant ways in all of life. The mission statement and supporting statements were adopted by the Board of Trustees in 2007. 0 0 35866903 20814291 47080866 Higher education: General educational activities serving more than 2,100 students during the 2016-17 school year. AU students benefit from a low student-to-faculty ratio of 11 to 1, as well as the expertise of 121.5 full-time faculty members, 72 percent of whom hold terminal degrees. Anderson University continues to be recognized as one of America's top colleges by US News & World Report, The Princeton Review, and Colleges of Distinction. Three of the university's programs received "badges of distinction": Business, Education, and Nursing. The University has long had a strong undergraduate liberal arts curriculum. In 2007, the University opened the Anderson University Flagship Center, located at I-69, Exit 222 which houses the university's Residential MBA program, a unique 10-month residential graduate program with a significant co-op experience. The University's MBA and Master's in Christian Ministry programs are also offered through online/hybrid classes with the MBA offered face-to-face in several locations around Indianapolis. 20170844 12261175 Higher education: Auxiliary enterprise primarily involving residence halls, food services, Student Health Services and bookstore activities supporting the educational program. We believe that on-campus living is an integral part of the college experience. In our residence halls, we are committed to offering not only a safe and comfortable place to live, but also an environment that promises to both challenge and support our students as they grow physically, academically, socially, and spiritually. Anderson University food services provides friendly service and great variety in four different locations across campus: The Marketplace, Raven's Haven, Create, and Raven Xpress. Student Health Services provides medical assistance to students and is operated by Community Health Network. 56037747 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 1 3083 0 1 1723 1 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Suahil Housholder 7656414001 1100 East 5th Street Anderson IN 46012 X John Pistole President 40.00 X X 216601 0 30833 Patricia Seasor Bailey Chairwoman 1.00 X X 0 0 0 Louis E Gerig Trustee 1.00 X 0 0 0 Guy Perry Trustee 1.00 X 0 0 0 Larry J Lilly Trustee 1.00 X 0 0 0 Sandi Patty Peslis Trustee 1.00 X 0 0 0 Rodney Stafford Trustee 1.00 X 0 0 0 Thomas W Bates Trustee 1.00 X 0 0 0 William J Gaither Trustee 1.00 X 0 0 0 Daniel Courtney Trustee (part year) 1.00 X 25000 0 0 Mark Krenz Trustee 1.00 X 0 0 0 Steve Lewis Trustee 1.00 X 0 0 0 James W Giesler Trustee 1.00 X 0 0 0 Donna A Harman Trustee 1.00 X 0 0 0 Erin Coffman Trustee 1.00 X 0 0 0 James R Cook Trustee 1.00 X 0 0 0 Lloyd Schnuck Jr Trustee 1.00 X 0 0 0 Kimberly Johnson Trustee 1.00 X 0 0 0 Kerry B Robinson Trustee 1.00 X 0 0 0 Erin Taylor Trustee 1.00 X 0 0 0 Dale M Fontenot Trustee 1.00 X 0 0 0 Deidre Franklin Trustee 1.00 X 0 0 0 Ralph E Welton Trustee 1.00 X 0 0 0 D Kyle De Fur Trustee 1.00 X 0 0 0 Raymond Chin Trustee 1.00 X 0 0 0 Lois Settlemeyer Trustee 1.00 X 0 0 0 Charles Myricks Trustee 1.00 X 0 0 0 Michelle Jackson Trustee 1.00 X 0 0 0 David Cox Trustee 1.00 X 0 0 0 Dennis Carroll Trustee 1.00 X 0 0 0 Kevin Earley Trustee 1.00 X 0 0 0 Vernon Smith Trustee 1.00 X 0 0 0 Marie S Morris Provost and VP of Corporation 40.00 X 127226 0 23187 Ronda Reemer Assistant Secretary 40.00 X 42661 0 1457 Vanessa Tijerina Asst Treasurer and Controller 40.00 X 62291 0 15683 TW Hudson Akin VP Advancement and Secretary 40.00 X 102186 0 3140 Dana S Stuart VP for Finance and Treasurer 40.00 X 102450 0 22790 Charles E Staley Special Asst President 0.00 40.00 X 0 133933 11611 Terry Truitt Dean, Falls School of Business 40.00 X 115460 0 43957 Rick Campbell Consultant, Advmt & Student Fin Svcs 40.00 X 106883 0 6227 Jan Fulkerson Professor, School of Education 40.00 X 120716 0 5766 Bruce Mac Murray Professor, School of Nursing 40.00 X 110294 0 15866 Robert Coffman Former VP for Adv./Secretary 40.00 X 164460 0 0 1296228 133933 180517 9 1 1 0 Chartwells Dining Services PO Box 417632 Boston MA 02241 Food Service Management 2621480 WFF Facility Services 211 S Jefferson St Louis MO 63103 Custodial Services 743276 Fredericks Inc 5448 Old State Rd 132 Pendleton IN 46064 Construction 325737 Ruffalo Noel Levitz LLC PO Box 718 Des Moines IA 50303 Consulting Services 227426 Indiana Carpet One Floor & Home 313 E 14th Street Anderson IN 46016 Flooring Retailer 150787 5 645142 4983194 198721 5628336 Tuition and fees 611310 47080866 47080866 Auxiliary services 611310 10100526 10100526 Radio station income 611310 148043 148043 Video production incom 611310 10361 10361 57339796 375534 375534 44068 44068 499939 653039 -153100 -153100 -153100 4813241 88931 4313078 48129 500163 40802 540965 540965 Finance charges 611310 272600 272600 1729645 1729645 2002245 65777844 59342041 0 807467 20814291 20814291 833719 718896 114823 30356 30356 18609514 15862720 2222351 524443 418947 337028 72797 9122 3893813 3018051 815936 59826 1229151 1001161 185537 42453 40705 5054 35651 76424 76424 9508 9508 312070 312070 891390 592277 296325 2788 585145 189388 234639 161118 889567 620430 219684 49453 948975 226946 671392 50637 1846165 1600708 243832 1625 1317790 1221436 54483 41871 413161 316671 74125 22365 2172140 1762963 356755 52422 3623684 2328394 1281313 13977 211855 80694 131161 Auxillary services 2170844 2170844 Maintenance & replace 952742 829194 121576 1972 Dues and subscriptions 411344 288423 100841 22080 3171355 2771074 296735 103546 65874655 56037747 8552879 1284029 14975 14400 7020080 6300740 2518285 2970607 2340959 1870111 1360412 1095340 128056 123076 52018 104920 134174084 65376972 76237630 68797112 31416048 33544181 13117489 13191393 3788317 3565969 2053495 1837667 140047764 133415516 6346250 4577402 1430575 1209841 43906007 42344602 128125 0 6997883 6627612 689895 418481 7387418 7055737 66886153 62233675 X 27482270 24550986 4090233 4447233 41589108 42183622 73161611 71181841 140047764 133415516 X -96811 2836852 -4719811 X X 0 1 X 1 1 1 X 5465029 7294377 9754055 6096496 5628336 34238293 5465029 7294377 9754055 6096496 5628336 34238293 5096332 29141961 1088714 1327635 1299942 1420376 919541 6056208 1993592 1971750 2588449 2198870 2002245 10754906 51049407 297528924 0.57090 0.55770 X Schedule A, Part II, Line 10, Explanation of Other Income: Finance charges - 2012 Amount: $ 529,256. 2013 Amount: $ 374,552. 2014 Amount: $ 278,179. 2015 Amount: $ 275,882. 2016 Amount: $ 272,600. Miscellaneous income - 2012 Amount: $ 1,464,336. 2013 Amount: $ 1,597,198. 2014 Amount: $ 2,310,270. 2015 Amount: $ 1,922,988. 2016 Amount: $ 1,729,645. 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 419 0 0 0 419 0 32500 2409018 X X X 1 32710513 551109 3488009 1366098 35383533 34280995 1089067 -1384967 1274582 32710513 32582422 2251608 969524 1522559 34280995 28190112 3150001 2649967 1407658 32582422 25140659 1054810 3609504 1614501 360 28190112 1.00000 0 0 4219207 4219207 94758035 48119267 46638768 6403067 1934908 4468159 21248296 11653692 9594604 7545479 3669105 3876374 68797112 Notes Receivable 70277 C Real Estate 2659503 F Life Insurance 229850 F Beneficial Interest in Perpetual Trusts 104801 F Deposits with External Trustees 4103479 F Hedge Funds 6023483 C 13191393 Annuities Payable 1105134 Liability for Amounts Held for Others 2440400 Liability for Federal Student Loans 3510203 7055737 X 43422369 2836852 785834 3622686 39799683 312070 25666091 25978161 65777844 45401764 653470 653470 44748294 312070 20814291 21126361 65874655 Part III, Line 4: The University's collection is made up of donations of art, books, and historical treasures. The University maintains the collection throughout the University's premises and is available for public display and access. The collection furthers the University's exempt education purpose by enhancing the University community's awareness of art, literature, and history. Part V, Line 4: The University's endowment funds are intended to fund designated University tax exempt activities, such as, the distribution of scholarships and grants to students, as well as funding operational and capital needs of the University. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of May 31, 2017 and 2016, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files information tax returns in the U.S. and various states. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012. Part XI, Line 2d - Other Adjustments: Actuarial change in annuities and trusts 131,989. Rental expenses 653,039. Affiliate income 806. Part XI, Line 4b - Other Adjustments: Grants and scholarships 20,814,291. Asset valuation adjustment 4,851,800. Part XII, Line 2d - Other Adjustments: Rental expenses 653,039. Affiliate expenses 431. Part XII, Line 4b - Other Adjustments: Grants and scholarships 20,814,291. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Anderson University does not discriminate on the basis of age, gender, ethnic or racial origin, physical or mental disability, marital or veteran status in administration of its education, admissions, scholarship, loan, athletic policies, other school programs, or as a condition for employment. The University includes its non-discrimination policy at various points throughout its website, which is the primary source of information for the public. The policy is also included on application forms and in catalogs for students. Schedule E, Part I, Line 6 The University participates in the Federal Perkins Loan program and is the recipient of various state and federal grants. Central America and the Caribbean 0 0 Program services Mission trips 12517 East Asia and the Pacific 0 0 Program services Mission trips 12030 Europe (Including Iceland & Greenland) 0 0 Program services Mission trips 111277 Sub-Saharan Africa 0 0 Program services Mission trips 6898 South Asia 0 0 Program Services Mission trips 6616 0 0 0 0 0 0 149338 0 149338 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. 1 Scholarship/fellowship/grant 1843 20814291 Part I, Line 2: Scholarships issued to University students are applied to the student's account. A list of scholarship, fellowship and grant assistance awarded is on file at the University. Although there may be recipients who are related to persons having interest in the University, such persons are selected on an equal and objective basis as with other recipients. All students receiving assistance are selected on the University's criteria for academic and financial need, and other similar criteria. The University does not discriminate on the basis of age, gender, ethnic or racial origin, physical or mental disability, marital or veteran status in administration of scholarships or loans. Also, note that the University provides remitted tuition to qualified faculty, staff and certain dependents as a benefit of employment. The University monitors the student accounts and eligibility. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 John Pistole President 216601 0 0 0 0 0 6833 0 24058 0 247492 0 0 0 Marie S Morris Provost and VP of Corporation 127226 0 0 0 0 0 4294 0 18951 0 150471 0 0 0 Terry Truitt Dean, Falls School of Business 115460 0 0 0 0 0 3328 0 40686 0 159474 0 0 0 Robert Coffman Former VP for Adv./Secretary 164460 0 0 0 0 0 0 0 3900 0 168360 0 0 0 Part I, Line 1a Travel: Companion travel is allowed but reported as taxable compensation on the employee W-2. Housing Allowance: A campus residence is provided to the President in office for the convenience of the university and is not considered taxable income. Health or social club dues: Local country club membership is provided for the President's business use. Use for business purposes is not considered taxable income. A City of Anderson Indiana 356000939 033887CT5 2007-02-27 47587630 Remodel/repair/capital projects/bond defeasance of 12/30/98 & 5/23/01 issue 0 0 0 B City of Anderson Indiana 356000939 2014-12-16 5189160 Purchase of residence hall 0 0 0 C City of Anderson Indiana 356000939 2015-08-17 4125000 Refinance portion of 2007 bonds 0 0 0 A 9410000 48797468 3690955 460468 16183625 496160 22784002 6790000 2009 0 1 1 1 B 5189160 109466 103100 5076594 2014 0 0 1 1 C 4125000 412500 3627286 82500 2714 2015 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 Date Rebate Computation Performed Issuer Name: City of Anderson Indiana Date the Rebate Computation was Performed: 02/27/2014 Schedule K, Part II, Line 3 The amount recorded as total proceeds of issue for bond A is greater than the issue price for the bonds due to the inclusion of investment earnings. 32911 Tuition assistance Tuition discount 0 Keith Morris Family member of Marie Morris, officer 30356 Compensation 0 X 1 200 Fair market value X 7 30173 Fair market value X 1 32500 Fair market value X 1 273 Fair market value X Company prod. 10 92481 Fair market value X Equipment 13 42418 Fair market value X Office/travel 4 676 Fair market value 1 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 VI, Section A, line 1 The Executive Committee is composed of seven trustees including the Chair and Vice Chair. The other five members are elected annually by the Board of Trustees. Other members may meet with this Committee, they do not have voting power. It is the duty of the Executive Committee to act on behalf of the Board of Trustees during the period between the Board's meetings. Form 990, Part VI, Section A, line 4 The Organization changed Article 1, Section 1.2 of its bylaws to update the criteria for the selection of Trustees. Form 990, Part VI, Section B, line 11b The University's Form 990 is prepared by an independent CPA firm. Prior to the 990 being filed with the IRS, the 990 is reviewed in detail by the University's Controller, Vice President for Finance, President, and the Audit Committee. The University's Board of Trustees delegates the review of the Form 990 to the Audit Committee, a subcommittee of the University's Board of Trustees. Before filing the 990, the Board of Trustees receive a copy to review. Form 990, Part VI, Section B, line 12c The Controller annually monitors all existing conflicts and enforces compliance with the University's conflict of interest policy by conducting a review prior to the University's annual audit. The University's conflict of interest policy states that all employees and Board of Trustees submit a conflict of interest form each year of employment. Determinations of existing conflicts is the responsibility of the Controller who will also review with the Vice President for Finance and Treasurer. Persons with conflicts do not participate in decisions and deliberations of the governing body. Form 990, Part VI, Section B, line 15 15a - The independent Executive Committee of the Board of Trustees establishes the salary of the President upon recommendation of the subcommittee on evaluation and compensation. This process is directed through Human Resources where compensation is compared to area benchmark information. The University's strategic plan is to reach compensation rates at 80% for staff and 77% for faculty of benchmark. HR then presents a recommendation to the Board of Trustees for approval annually. This process is documented in the board minutes. 15b - The salaries of other Executive Officers of the University are established independently of the President, subject to the approval of the subcommittee on evaluation and compensation. This process is directed through Human Resources where compensation is compared to area benchmark information. HR then presents a recommendation to the President for approval annually. The President may appoint and establish the salaries of administrative officers as he/she deems appropriate. This process is documented in the HR files. Form 990, Part VI, Section C, line 19 The University's governing documents and conflict of interest policy are available on the University's public website. The University's financial statements are not made available to the public but the financial statements are available at emma.msrb.org for bondholders. Form 990, Part VII: Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part XI, line 9: Actuarial change in annuities and trusts 131,989. Asset valuation adjustment -4,851,800. Affiliate prior year activity 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 accountanting firm. This process has not changed since the prior year. Anderson University Properties LLC 1100 E 5th St Anderson IN 46012 472075850 Hold property for new dorm IN 0 8369085 Anderson University Flagship Enterprise Center 2701 Enterprise Drive Anderson IN 46013 043732583 Serve as a new business incubator & growth stage business accelerator IN 501(c)(3) 7 Anderson University 0 HWH Business LP 216 Summerlake Circle Anderson IN 46011 352084392 Real estate IN Anderson University Excluded -1349061 2569203 0 0 0.91000 Charitable Remainder Unitrust (22) Trust IN Anderson University 0 Revocable Trust (1) Trust IN Anderson University 0 Orangehaus Records Inc 1100 E 5th Street Anderson IN 46012 201675766 Provide University students with experience in music recording IN Anderson University C 375 5311 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Orangehaus Records Inc N Orangehaus Records Inc O