2018-03-27T09:01:08-05:00 2017-06-30 340677006 Maloney Novotny LLC 1111 Superior Ave Suite 700 Cleveland OH 441142540 990 2016-07-01 314379435 CAPITAL UNIVERSITY CAPI 6142366813 1 COLLEGE AND MAIN COLUMBUS OH 43209 WILLIAM E MEA VP FOR BUSINESS AND FINANCE 6142366813 2018-03-22 1 Christopher B Anderson P00226559 2163630100 209.116.109.2 2018-03-22 09:08:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F0962BFF9ACD815FD594AA84AFE8725155222DCF 2016 2021-01-29 14:40:06Z ELIZABETH PAUL 1 COLLEGE AND MAIN COLUMBUS OH 43209 128555539 0 X WWW.CAPITAL.EDU X 1830 OH TRANSFORMING LIVES THROUGH HIGHER EDUCATION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CELEBRATING LEARNING; PREPARE INDIVIDUALS TO BE CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE. 35 30 1945 34 1569 0 7444040 6106364 112065736 112593889 6177753 3458837 -15452 -78007 125672077 122081083 50609579 51824041 0 0 44057919 43802202 0 0 1881340 27710665 28609873 122378163 124236116 3293914 -2155033 220012608 229265535 51116168 54384267 168896440 174881268 X TRANSFORMING LIVES THROUGH HIGHER EDUCATION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CELEBRATING LEARNING; PREPARE INDIVIDUALS TO BE KNOWLEDGEABLE, INDEPENDENT, CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE, SPIRITUALLY ALIVE AND CIVICALLY ENGAGED. 0 0 80306425 47945081 82666702 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 2,718 STUDENTS IN ITS UNDERGRADUATE PROGRAMS. THE UNIVERSITY OFFERS FOUR UNDERGRADUATE DEGREES WITH MORE THAN 70 MAJORS, TAUGHT BY APPROXIMATELY 160 FULL-TIME GRADUATE AND UNDERGRADUATE FACULTY. MORE THAN 2,420 STUDENTS RECEIVE INSTITUTIONAL FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. SINCE CAPITAL IS IN A METROPOLITAN SETTING IN THE COLUMBUS SUBURB OF BEXLEY, STUDENTS ENJOY MANY ACADEMIC, CULTURAL, RECREATIONAL AND SOCIAL ACTIVITIES. THE ACADEMIC EXPERIENCE AT CAPITAL INCLUDES A RICH VARIETY OF INTERNSHIPS AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN COOPERATION WITH NATIONAL CORPORATIONS, HEALTH AND NON-PROFIT AGENCIES AND GOVERNMENTAL OFFICES. 18574355 0 15014435 PUBLIC SERVICE AND INSTITUTIONAL SUPPORT. 16083228 3878960 14912752 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 649 STUDENTS IN ITS GRADUATE DEGREE PROGRAMS. THE UNIVERSITY OFFERS SEVEN GRADUATE DEGREES IN LAW, TAXATION, BUSINESS, NURSING, MUSIC AND EDUCATION. MORE THAN 382 GRADUATE STUDENTS RECEIVE INSTITUTIONAL FINANCIALASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. IN ADDITION TO THE GRADUATE PROGRAMS HOUSED ON THE MAIN CAMPUS IN THE SUBURB OF BEXLEY, THE CAPITAL UNIVERSITY LAW SCHOOL IS LOCATED IN DOWNTOWN COLUMBUS, PROVIDING STUDENTS THE PROSPECT OF ENHANCING THEIREDUCATION THROUGH INTERNSHIPS AND OTHER OPPORTUNITIES WITH FEDERAL, STATE AND COUNTY AGENCIES AND WITH LAW FIRMS IN OHIO'S CAPITAL CITY. 114964008 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 5009 0 1 1945 1 1 1 0 0 0 0 0 0 0 0 0 X 35 30 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DERRICK ANTWI 6142366292 1 COLLEGE AND MAIN COLUMBUS OH 432092394 X Michelle Adams Trustee 2.00 X 0 0 0 Dan Creekmur Trustee 2.00 X 0 0 0 Suzanne Dillahunt Trustee 2.00 X 0 0 0 June Fryman Trustee 2.00 X 0 0 0 Bonnie Gerber Trustee 2.00 X 0 0 0 Dick Hartmann Trustee 2.00 X 0 0 0 Bill Haueisen Trustee 2.00 X 0 0 0 James Havens Trustee 2.00 X 0 0 0 Todd Henry Trustee 2.00 X 0 0 0 Susan Jablonski Trustee 2.00 X 0 0 0 Belinda Molihan Jones Trustee 2.00 X 0 0 0 Jean Kohler Trustee 2.00 X 0 0 0 Michael Lancaster Trustee 2.00 X 0 0 0 Ann Leak Trustee 2.00 X 0 0 0 Richard Lombardi Trustee 2.00 X 0 0 0 Ted Long Trustee 2.00 X 0 0 0 Lee Anne Lowman Trustee 2.00 X 0 0 0 Steve Lyons Trustee 2.00 X 0 0 0 Carol McWilliams Trustee 2.00 X 0 0 0 Neil Mortine Trustee 2.00 X 0 0 0 Bernie Ostrowski Chair 4.00 X X 0 0 0 John Phillips Trustee 2.00 X 0 0 0 Andre Porter Vice Chair 4.00 X X 0 0 0 Jacqueline Primeau Trustee 2.00 X 0 0 0 Gary Qualmann Trustee 2.00 X 0 0 0 Harry Raduege Trustee 2.00 X 0 0 0 Ron St Pierre Trustee 2.00 X 0 0 0 Curtis Stitt Trustee 2.00 X 0 0 0 EJ Thomas Trustee 2.00 X 0 0 0 Steve Wachtman Trustee 2.00 X 0 0 0 John Walker Trustee 2.00 X 0 0 0 William Wiecher Trustee 2.00 X 0 0 0 Kathy Wolfgram Secretary 2.00 X X 0 0 0 Moritz Ziegler Trustee 2.00 X 0 0 0 Elizabeth Paul President 50.00 X X 183004 0 41840 Mike Horan VP Business and Finance, Treasurer 50.00 X 198682 0 36986 JP Spagnolo VP Strat.Enrollment(Nov-Dec,2016) 50.00 X 26208 0 6098 Amy Adams VP Strat.Enroll.(Thru Oct.,2016) 50.00 X 165361 0 35494 Terry Lahm Interim Provost&VP Acad.Aff.(Jul-Dec) 50.00 X 140421 0 25215 Tanya Poteet Univ. Counsel, Asst. Secretary 50.00 X 197486 0 18344 Jennifer Paterson VP Advancement 50.00 X 195670 0 36596 Mary Ellen Borchers Dir.Bus.Svcs.&Asst.Treasurer 50.00 X 70402 0 11181 Tina Guegold VP Int.Mktg.&Commun. 50.00 X 0 0 0 Rachel Janutis Dean of Law School 50.00 X 186604 0 32811 Jack Guttenberg Faculty 50.00 X 193956 0 41851 Dan Turack Faculty 50.00 X 197211 0 39423 Mark Brown Faculty 50.00 X 197087 0 30060 Mark Strasser Faculty 50.00 X 178016 0 43399 Jeffrey Ferriell Faculty 50.00 X 192373 0 27365 Denvy Bowman Former President 50.00 X 323376 0 34830 Richard Ashbrook Former Provost&VP Acad.Affairs 50.00 X 236976 0 45009 Kevin Sayers Former VP-Planning&Adv. 50.00 X 135253 0 40782 3018086 0 547284 26 1 1 0 TURNER CONSTRUCTION 262 HANOVER STREET COLUMBUS OH 43215 CONSTRUCTION 8069930 ARAMARK SERVICES PO BOX 7548 PHILADELPHIA PA 19101 DINING SERVICES 3420908 AETNA BUILDING MAINTENANCE PO BOX 145200 CINCINNATI OH 45250 CLEANING SERVICES 1677082 LINCOLN CONSTRUCTION 4790 SHUSTER ROAD COLUMBUS OH 43214 CONSTRUCTION 974525 THOMSON REUTERS PO BOX 6292 CAROL STREAM IL 60197 LIBRARY SERVICES 421078 39 14395 1761575 4330394 204396 6106364 EDUCATIONAL PROGRAMS-UNDERGRAD. 611710 82666702 82666702 EDUCATIONAL PROGRAMS-GRADUATE 611710 14912752 14912752 AUXILIARIES 611710 14145911 14145911 GENERAL EDUCATIONAL PROGRAMS 611710 629483 629483 BOOKSTORE REVENUE 451211 147084 147084 91957 91957 112593889 2474930 1569 2473361 198195 275965 -77770 -77770 -77770 7006274 175147 6077926 119588 928348 55559 983907 983907 740 14395 977 -237 -237 122081083 112593889 1569 3379261 51699441 51699441 124600 124600 1177233 1018945 113216 45072 31645093 27575854 3063984 1005255 2383220 2064443 229384 89393 6230991 5365863 596207 268921 2365665 2064100 229344 72221 21993 21993 60903 60903 343850 343850 7938123 7050396 783378 104349 371184 334066 37118 2828724 2438495 270944 119285 1123334 1011001 112333 3631803 3268623 363180 1240109 1035397 115044 89668 1812356 1552662 172518 87176 511372 460235 51137 7251129 6526016 725113 525664 473098 52566 OTHER INDIRECT COSTS 485557 437001 48556 ALLOW.-DOUBTFUL ACCTS. 463772 463772 124236116 114964008 7390768 1881340 10638337 10744271 1190404 533670 7044911 6748124 51209 17866 1040699 957031 215178113 104336736 108377068 110841377 74239757 81167292 11720830 12290183 5709393 5965721 220012608 229265535 12132159 10321270 3234096 3173304 27415600 32290000 71009 876767 8263304 7722926 51116168 54384267 X 102336054 102729552 18641061 22456842 47919325 49694874 168896440 174881268 220012608 229265535 X -2155033 8372132 -232271 X 0 1 X 1 1 1 X 4725342 6276781 6475702 7444040 6106364 31028229 4725342 6276781 6475702 7444040 6106364 31028229 5375623 25652606 2370275 2630140 2530354 2258138 2671556 12460463 2053 3113 915 1569 7650 5020 5880 680 710 740 13030 43509372 557630710 0.58960 0.60680 X Schedule A, Part II, Line 10, Explanation of Other Income: FUNDRAISING REVENUE - 2012 Amount: $ 5,020. 2013 Amount: $ 5,880. 2014 Amount: $ 680. 2015 Amount: $ 710. 2016 Amount: $ 740. PUBLIC SUPPORT TEST - PART II: THE UNIVERSITY HAS COMPLETED PART II TO DEMONSTRATE THAT IT PASSES THE SECTION 509(a)(1) PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE FOR REDUCED REPORTING OF DONOR INFORMATION ON SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1722988 X X X 0 70688518 2192013 8160784 2271618 867068 0 77902629 71699084 3841107 -1866480 1758723 1080384 146086 70688518 74031467 1351184 -669823 1800593 963581 249570 71699084 65904126 1189464 9786431 1691304 916898 240352 74031467 60643137 1145041 6775100 1557511 869667 231974 65904126 0.20950 0.62910 0.16140 1 0 11768077 11768077 101477348 48818868 52658480 36122518 15885239 20237279 52027708 33831392 18196316 13782462 5801237 7981225 110841377 REAL ESTATE 13701 C HEDGE FUNDS 7628854 F PRIVATE EQUITY FUNDS 4647628 F 12290183 AGENCY FUNDS HELD FOR OTHERS 217114 ADVANCES FROM GOVT-STUDENT LOANS 5475816 ANNUITIES PAYABLE 745831 POSTRETIREMENT BENEFIT OBLIGATIONS 1284165 7722926 X 78808481 8372132 299100 8671232 70137249 343850 51599984 51943834 122081083 72823653 275965 275965 72547688 343850 51344578 51688428 124236116 Part III, Line 4: DESCRIPTION OF ART COLLECTIONS - THE COLLECTION CONSISTS OF A WIDE-RANGE OF ARTWORK COVERING MORE THAN 2,000 YEARS FROM MANY CULTURES AND MEDIUMS. THE MISSION OF THE GALLERY IS TO PROMOTE USE AS AN INTEGRAL PART OF THE TEACHING MISSION OF THE UNIVERSITY AND TO CONTRIBUTE TO INTELLECTUALLY STIMULATING, CREATIVE CULTURE ENVIRONMENT FOR THE UNIVERSITY AND THE COMMUNITY. Part V, Line 4: INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENT FUNDS PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS, SUPPORT FOR GENERAL OPERATIONS, AND SUPPORT FOR SPECIFIC PROGRAMS IDENTIFIED BY DONORS. Part X, Line 2: FIN 48 (ASC 740) FOOTNOTE - THE INTERNAL REVENUE SERVICE HAS RULED THAT CAPITAL UNIVERSITY IS A TAX-EXEMPT EDUCATIONAL INSTITUTION UNDER SECTION 501(a) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(c)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2017 OR 2016. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2017 OR 2016. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2014. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 275,965. POSTRETIREMENT BENEFIT OBLIGATION RELATED CHANGES OTHER THAN PERIODIC COSTS 22,158. FUNDRAISING EVENTS EXPENSES NETTED WITH REVENUE ON FORM 990,PART VIII,LINE 8 977. Part XI, Line 4b - Other Adjustments: STUDENT FINANCIAL AID EXPENSE 51,344,578. ACTUARIAL CHANGE IN ANNUITY LIABILITY 245,404. NET LOSS ON UNCOLLECTIBLE PLEDGES 10,002. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 275,965. Part XII, Line 4b - Other Adjustments: STUDENT FINANCIAL AID EXPENSE 51,344,578. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 NON-DISCRIMINATORY LANGUAGE IS PUBLISHED IN THE ADMISSION VIEW BOOK, THE VARIOUS STUDENT BULLETINS, AND IN ALL MAJOR UNIVERSITY PUBLICATIONS AIMED TO THE STUDENT/PARENT AUDIENCE. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH PERKINS STUDENT LOANS, NURSING STUDENT LOANS, NURSING FACULTY LOAN PROGRAM, COLLEGE WORK-STUDY, PELL GRANTS AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. CAPITAL UNIVERSITY ALSO RECEIVES SUPPORT FROM THE STATE OF OHIO FOR SIMILAR AID PROGRAMS. 1 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 INVESTMENTS 12276482 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 1 PROGRAM SERVICES STUDY ABROAD 10800 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 3 PROGRAM SERVICES TRAVEL AND RESEARCH 6182 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 7 PROGRAM SERVICES TRAVEL AND RESEARCH 16635 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 7 PROGRAM SERVICES STUDY ABROAD 101850 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 11 PROGRAM SERVICES TRAVEL AND RESEARCH 218876 Middle East and North Africa 0 2 PROGRAM SERVICES TRAVEL AND RESEARCH 3374 North America 0 8 PROGRAM SERVICES TRAVEL AND RESEARCH 9974 Russia and Neighboring States 0 5 PROGRAM SERVICES TRAVEL AND RESEARCH 8796 South America 0 1 PROGRAM SERVICES TRAVEL AND RESEARCH 86754 South America 0 1 PROGRAM SERVICES STUDY ABROAD 11950 0 39 0 7 0 46 12644173 107500 12751673 FINANCIAL AID FOR STUDY ABROAD PROGRAMS Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 1 10800 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgiu 7 101850 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 1 11950 CHECK 1 0 1 1 0 0 Part I, Line 2: MONITORING USE OF GRANT FUNDS - ALL STUDENTS ELECTING TO PARTICIPATE IN A STUDY ABROAD PROGRAM ARE AWARDED FINANCIAL AID GRANTS AND OTHER AID BASED ON THE COST OF ATTENDANCE AND FEDERAL NEED CALCULATIONS. ALL GRANTS FUNDS TO SUPPORT THESE STUDENTS ARE REMITTED DIRECTLY TO THE HOST INSTITUTION TO BE APPLIED TO THE STUDENTS' PROGRAM CHARGES. PART I, LINE 3 - METHOD OF ACCOUNTING FOR EXPENDITURES: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING IN REPORTING THE EXPENDITURES IN PART I, LINE 3 FOR ALL REGIONS. RECEPTIONS (2) 15135 14395 740 977 15135 14395 740 977 977 -237 1 ENDOWED SCHOLARSHIPS - UNDERGRADUATE 446 1352122 INSTITUTIONAL RESTR.SCHOLARSHIPS-UNDERGRADUATE 104 136572 MUSIC SCHOLARSHIPS - UNDERGRADUATE 317 2799800 COLLEGIATE FELLOWSHIP AWARDS - UNDERGRADUATE 39 1272496 PRESIDENTIAL SCHOLARSHIPS - UNDERGRADUATE 1891 21852479 GRANT IN AID&OTHER INST.AID-UNDERGRADUATE 2420 20407012 ENDOWED SCHOLARSHIPS - GRADUATE 76 157958 INSTITUTIONAL RESTR.SCHOLARSHIPS - GRADUATE 10 33000 GRANT IN AID&OTHER INST.AID-GRADUATE 296 3688002 Part I, Line 2: MONITORING USE OF GRANT FUNDS - THE UNIVERSITY AWARDS FINANCIAL AID GRANTS ONLY TO ENROLLED STUDENTS. GRANTS ARE CREDITED TO THE RECIPIENTS' ACCOUNTS FOR TUITION, FEES, ROOM AND BOARD. X X X 0 1 X X X 0 1 0 0 0 0 0 0 0 Elizabeth Paul President 175603 0 0 0 7401 0 12000 0 29840 0 224844 0 0 0 Mike Horan VP Business and Finance, Treasurer 196122 0 0 0 2560 0 18079 0 18907 0 235668 0 0 0 Amy Adams VP Strat.Enroll.(Thru Oct.,2016) 163297 0 0 0 2064 0 15155 0 20339 0 200855 0 0 0 Terry Lahm Interim Provost&VP Acad.Aff.(Jul-Dec 138436 0 0 0 1985 0 12842 0 12373 0 165636 0 0 0 Tanya Poteet Univ. Counsel, Asst. Secretary 195001 0 0 0 2485 0 17030 0 1314 0 215830 0 0 0 Jennifer Paterson VP Advancement 193679 0 0 0 1991 0 17820 0 18776 0 232266 0 0 0 Rachel Janutis Dean of Law School 186020 0 0 0 584 0 17029 0 15782 0 219415 0 0 0 Jack Guttenberg Faculty 188637 0 0 0 5319 0 17917 0 23934 0 235807 0 0 0 Dan Turack Faculty 194591 0 0 0 2620 0 18039 0 21384 0 236634 0 0 0 Mark Brown Faculty 195307 0 0 0 1780 0 17753 0 12307 0 227147 0 0 0 Mark Strasser Faculty 175521 0 0 0 2495 0 16398 0 27001 0 221415 0 0 0 Jeffrey Ferriell Faculty 189902 0 0 0 2471 0 16260 0 11105 0 219738 0 0 0 Denvy Bowman Former President 281874 0 0 0 41502 0 23849 0 10981 0 358206 0 0 0 Richard Ashbrook Former Provost&VP Acad.Affairs 233986 0 0 0 2990 0 21125 0 23884 0 281985 0 0 0 Kevin Sayers Former VP-Planning&Adv. 134970 0 0 0 283 0 12838 0 27944 0 176035 0 0 0 Part I, Line 1a BENEFITS OFFERED TO CERTAIN EMPLOYEES - TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE PRESIDENT OF THE UNIVERSITY, ELIZABETH PAUL, RECEIVES AN AUTOMOBILE AND PHONE ALLOWANCE. OFFICERS, FORMER OFFICERS, OR KEY EMPLOYEES WHO RECEIVE A PHONE ALLOWANCE INCLUDE RICHARD ASHBROOK, RACHEL JANUTIS, TANYA POTEET, MIKE HORAN, TERRY LAHM, AMY ADAMS, JENNIFER PATTERSON, AND JP SPAGNOLO. ALL ALLOWANCES ARE TREATED AS TAXABLE COMPENSATION AND ARE GROSSED-UP PAYMENTS. HOUSING ALLOWANCE: THE FORMER PRESIDENT OF THE UNIVERSITY, DENVY BOWMAN, RECEIVED A HOUSING ALLOWANCE. THE PRESIDENT, ELIZABETH PAUL, RECEIVES A RESIDENCE FOR PERSONAL AND BUSINESS USE. HEALTH OR SOCIAL CLUB DUES: THE UNIVERSITY PROVIDES A SOCIAL CLUB MEMBERSHIP TO THE PRESIDENT. THIS PROVIDES A FACILITY FOR HOSTING UNIVERSITY-RELATED EVENTS AND, AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION SINCE IT IS USED STRICTLY FOR BUSINESS PURPOSES. Part I, Line 1b WRITTEN POLICY FOR EXPENSES - CAPITAL UNIVERSITY DOES NOT HAVE A POLICY THAT CLEARLY STATES WHO IS ELIGIBLE FOR EXTRA ALLOWANCES - PHONE, HOUSING, AUTOMOBILE, ETC. THE OFFICE OF BUSINESS AND FINANCE PROVIDES HR/PAYROLL WITH THE ORIGINAL LIST OF THOSE WHO SHOULD RECEIVE THE PHONE ALLOWANCE. SUPERVISORS THEN INCLUDE LANGUAGE ON THE REQUESTS TO HIRE FORMS IF A PHONE ALLOWANCE SHOULD BE INCLUDED FOR NEW EMPLOYEES. THE PRESIDENT'S CONTRACT DOES INCLUDE SPECIFIC LANGUAGE THAT SPEAKS TO THE ADDITIONAL ALLOWANCES OFFERED TO HER(I.E., AUTOMOBILE, HOUSING, CLUB). Part I, Line 4b SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: PRESIDENT PAUL PARTICIPATED IN A SECTION 457(f) NONQUALIFIED DEFERRED COMPENSATION PLAN DURING THE YEAR. A OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2013-04-26 3970000 REPAYMENT OF LOAN ON CAP.UNIV.APTS. 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2015-05-27 30780000 CONSTRUCTION&PAY-OFF 2006 BONDS 0 0 0 A 3970000 3908817 61183 1 0 1 1 B 1005000 30780000 95600 30684400 2016 1 0 1 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 1 0 0 1 1 PNC BANK 7.000000000000 0 0 0 0 1 A 1 B 1 SEE PART V 19600 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 39126 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 41246 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 62212 TUITION GRANTS EDUC.ASSISTANCE PART III - GRANTS BENEFITING INTERESTED PERSONS: EDUCATIONAL ORGANIZATIONS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE PURSUANT TO THE INSTRUCTIONS FOR FORM 990, SCHEDULE L. AS SUCH, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK IN PART III. X 16 104646 FMV X EQUIP.,MUSIC INST. 2 79210 MARKET VALUE X TICKETS, CERTIF.,MISC. 14 15210 COST X TRAVEL EXPENSES 6 5330 COST 0 0 1 1 Part I, Line 32b: USE OF THIRD PARTIES - THE UNIVERSITY USES SECURITIES BROKERS TO SELL DONATED SECURITIES. THE FEES PAID TO THE BROKERS ARE AT OR BELOW FAIR MARKET VALUE. Form 990, Part VI, Section A, line 1 DELEGATION OF BROAD AUTHORITY TO A COMMITTEE - PER THE UNIVERSITY'S BYLAWS, ARTICLE XVI, SECTION 2 (IN PART), THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD-OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHARTER OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF UNIVERSITY ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTION IT TAKES TO THE BOARD. THESE BYLAWS OR OTHER BOARD POLICIES MAY RESERVE OTHER POWERS FOR THE BOARD OF TRUSTEES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF BOARD COMMITTEES AND THE UNIVERSITY'S PLANNING PROCESS AND PROGRESS ON PLANNING GOALS. Form 990, Part VI, Section A, line 4 CHANGES IN ORGANIZING DOCUMENTS - THE BOARD AMENDED THE UNIVERSITY'S BYLAWS IN DECEMBER OF 2016. CHANGES INCLUDED: - IMPLEMENTING A NEW BOARD COMMITTEE STRUCTURE AND RESPONSIBILITIES FOR THOSE COMMITTEES. - REVISING THE MEMBERSHIP AND PURPOSES OF THE EXECUTIVE AND GOVERNANCE COMMITTEES. - CHANGING THE NAME OF THE AUDIT COMMITTEE TO THE INTEGRITY AND COMPLIANCE COMMITTEE. - REVISING THE MEMBERSHIP AND PURPOSES OF THE INTEGRITY AND COMPLIANCE COMMITTEE. - ADDING THE ORGANIZATION SUSTAINABILITY, EDUCATIONAL EXCELLENCE, AND INSTITUTIONAL MISSION AND IDENTITY COMMITTEES WITH MEMBERSHIP, PURPOSES AND RESPONSIBILITIES DEFINED. - REMOVING THE NOMINATIONS COMMITTEE AND DELEGATING ITS RESPONSIBILITIES TO THE REDEFINED GOVERNANCE COMMITTEE. Form 990, Part VI, Section B, line 11b REVIEW OF FORM 990 - FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED TO THE MEMBERS OF THE INTEGRITY AND COMPLIANCE COMMITTEE BY THE OUTSIDE PUBLIC ACCOUNTING FIRM ON JANUARY 29, 2018. AFTER REVIEW BY THE AUDIT COMMITTEE, EACH BOARD MEMBER IS PROVIDED A FULL COPY OF THE RETURN PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES AND OFFICERS (ALL UNIVERSITY OFFICERS, KEY EMPLOYEES, AND BUDGET MANAGERS). THE POLICY REQUIRES TRUSTEES AND OFFICERS TO ACT IN THE BEST INTERESTS OF THE UNIVERSITY, SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY, AND FULLY DISCLOSE ANY CONFLICT. POTENTIAL CONFLICTS ARE REVIEWED AT THE LEVEL OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH MAY CONSULT WITH OTHER COMMITTEES OF THE BOARD IF NECESSARY. IF A CONFLICT EXISTS, THE PERSON WITH THE CONFLICT MUST ABSTAIN FROM INFLUENCING, DELIBERATING OR VOTING ON THE MATTER, AND THE ACTION OR TRANSACTION MUST BE DOCUMENTED AS BEING CLEARLY IN THE BEST INTEREST OF THE UNIVERSITY. Form 990, Part VI, Section B, line 15 COMPENSATION REVIEW OF TOP MANAGEMENT OFFICIAL - THE PRESIDENTIAL ASSESSMENT TASK FORCE OF THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S GOALS, ACCOMPLISHMENTS, AND EVALUATION OF PERFORMANCE. THE BOARD ALSO REFERENCES COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) DATA, EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA) PRESIDENTIAL SURVEY AND OTHER SALARY SURVEYS FOR GUIDANCE ON SALARIES FOR LIKE INSTITUTIONS. THIS PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. COMPENSATION REVIEW OF OTHER EMPLOYEES - THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS FORMAL EVALUATIONS DONE BY THE PRESIDENT FOR ALL VICE-PRESIDENTS. THE COMMITTEE REVIEWS GOALS, ACCOMPLISHMENTS, THE PRESIDENT'S RECOMMENDATIONS, AND CUPA-HR SALARY SURVEY DATA TO DETERMINE THE APPROPRIATE SALARIES TO BE GIVEN. THE PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. Form 990, Part VI, Section C, line 19 AVAILABILITY OF DOCUMENTS - A COPY OF THE AUDITED FINANCIAL STATEMENTS IS POSTED ON THE UNIVERSITY'S WEBSITE AS SOON AS APPROVED BY THE BOARD OF TRUSTEES. THE CONFLICT OF INTEREST POLICY IS POSTED ON THE HR HOMEPAGE. THE BYLAWS ARE POSTED ON THE HR HOMEPAGE AND THE UNIVERSITY'S WEBPAGE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION A, LINE 1B: INDEPENDENT VOTING MEMBERS - FOUR TRUSTEES WHOSE FAMILY MEMBERS RECEIVED GRANTS AND OTHER TUITION ASSISTANCE FROM THE UNIVERSITY (NON-INDEPENDENT VOTING MEMBERS) ABSTAIN FROM VOTING ON TUITION-RELATED MATTERS. FORM 990, PART VII, SECTION A: ADDITIONAL INFORMATION ABOUT COMPENSATION - COMPENSATION SHOWN FOR FORMER PRESIDENT DENVY BOWMAN AND FORMER PROVOST RICHARD ASHBROOK, BOTH FORMER OFFICERS OF THE UNIVERSITY, RELATE TO CALENDAR YEAR 2016, DURING WHICH THEIR TERMS ENDED. BOTH SERVED IN THEIR ADMINISTRATIVE AND OFFICER POSITIONS THROUGH JUNE 30, 2016. DENVY BOWMAN, RICHARD ASHBROOK, AND KEVIN SAYERS (ALSO A FORMER OFFICER) CONTINUE TO BE EMPLOYED BY THE UNIVERSITY AS FACULTY AND RECEIVE COMPENSATION FOR THEIR EMPLOYMENT. ELIZABETH PAUL BECAME PRESIDENT ON JULY 1, 2016. COMPENSATION INFORMATION SHOWN FOR PRESIDENT PAUL IS FOR THE PERIOD FROM JULY 1 THROUGH DECEMBER 31, 2016. Form 990, Part XI, line 9: POSTRETIREMENT BENEFIT OBLIGATION ADJUSTMENT 22,158. ACTUARIAL CHANGE IN ANNUITY LIABILITY AND MATURITIES -245,404. NET LOSS ON UNCOLLECTIBLE PLEDGES -10,002. FUNDRAISING EVENTS EXPENSES 977. CHARITABLE REMAINDER TRUSTS (5) INVESTMENTS OH N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0