2018-04-30T11:18:46-05:00 2017-06-30 421029744 TD&T CPAS AND ADVISORS PC 1700 42ND ST NE CEDAR RAPIDS IA 52402 990 2016-07-01 420680344 CENTRAL COLLEGE CENT 6416285274 812 UNIVERSITY PELLA IA 50219 SHERYL KAMERICK ASST. TREAS & CONTR 6416285274 2018-04-23 true AMANDA L LANE CPA P01257668 3193932374 2018-04-25 35D3879163D6E86CE39169CEF1932A0DEFAB2344 24EE6C22EAD48E369D099071F3F4655F8DDD45CD 2016 2021-01-29 14:40:06Z MARK PUTNAM 812 UNIVERSITY PELLA IA 50219 65641023 false X WWW.CENTRAL.EDU X 1853 IA CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. 36 36 1744 1 827988 8043361 4707525 56326263 57135449 5381431 3675381 61813 59052 69812868 65577407 22982850 24211368 0 22978311 23527733 0 2748747 22825059 21830751 68786220 69569852 1026648 -3992445 186452005 186156341 65982590 72955610 120469415 113200731 X CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. false false 43037906 24211368 41452010 PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,220 STUDENTS, INCLUDING 1,184 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE. 9651668 13412008 PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1080 STUDENTS LIVING IN RESIDENTIAL UNITS AND 1075 STUDENTS WITH BOARD CONTRACTS. 9073330 916384 EXPENSES RELATED TO PROVIDING PERSONAL SERVICES AND ACTIVITIES FOR STUDENTS AT A RESIDENTIAL COLLEGE, INCLUDING COUNSELING, EXTRA-CURRICULAR ACTIVITIES, HEALTH CENTER, ADMISSIONS, AND STUDENT GOVERNMENT. 1368557 1355047 GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM 1368557 1355047 63131461 true true false false false false false true false true true true false false true true true false true true true false false false false false false false true true true false false false false false false true false false false true false false false false false false false false true X 3611 0 true 1744 true true true true SP false false false false false false false false X 36 36 false false false false false false false true true false false true true true true true true true true false X SHERYL KAMERICK 6416285274 812 UNIVERSITY PELLA IA 50219 BERNADETTE ALLEN TRUSTEE X 0 0 0 PETER CARTWRIGHT VICE CHAIR X X 0 0 0 DANIEL DE COOK TRUSTEE X 0 0 0 TEJ DHAWAN TRUSTEE X 0 0 0 KAREN DORSEY TRUSTEE X 0 0 0 JULIE FISHER TRUSTEE X 0 0 0 SHAYLA FROM SECRETARY X X 0 0 0 JAMES GRIFFITH TRUSTEE X 0 0 0 DENNY HANSON TRUSTEE X 0 0 0 MARTIN HEEREMA TRUSTEE X 0 0 0 JAMES ISRAEL TRUSTEE X 0 0 0 BARBARA KNIFF-MCCULLA TRUSTEE X 0 0 0 THOMAS KOOS TRUSTEE X 0 0 0 KEVIN KORVER TRUSTEE X 0 0 0 J LANIER LITTLE CHAIRMAN X X 0 0 0 SOPHIE MATHONNET-VANDER WELL TRUSTEE X 0 0 0 REV CHARLES MORRIS VICE CHAIR X X 0 0 0 JEFF OLIVER TRUSTEE X 0 0 0 KARIN PETERSON TRUSTEE X 0 0 0 BARBARA PETTITT TRUSTEE X 0 0 0 WILLIAM RANKIN TRUSTEE X 0 0 0 RICK RYAN TRUSTEE X 0 0 0 JOHN SCHMIDT TRUSTEE X 0 0 0 KATHY SIKKEMA TRUSTEE X 0 0 0 STEVE SIKKINK TRUSTEE X 0 0 0 DONNA SMITH TRUSTEE X 0 0 0 HARRY SMITH VICE CHAIR X X 0 0 0 ROBERT THOMPSON TRUSTEE X 0 0 0 DEANNA VER STEEG TRUSTEE X 0 0 0 JUDITH VOGEL TRUSTEE X 0 0 0 MARY WORSTELL TRUSTEE X 0 0 0 JASON ANDRINGA TRUSTEE X 0 0 0 ROGER BROWN TRUSTEE X 0 0 0 MIKE MAIN TRUSTEE X 0 0 0 JANA RIEKER TRUSTEE X 0 0 0 MARKAY WINSTON TRUSTEE X 0 0 0 MARK PUTNAM PRESIDENT 40.00 X 292903 0 48053 THOMAS JOHNSON VP FINANCE & 40.00 X 171606 0 38350 SHERYL KAMERICK ASST. TREAS 40.00 X 83569 0 8632 MARY STREY VP ACADEMICS 40.00 X 176617 0 54319 CAROL WILLIAMSON VP ENROLLMEN 40.00 X 120382 0 12399 ROBERT FRANKS PROFESSOR 40.00 X 106185 0 10842 PEGGY FITCH VP STUDENT S 40.00 X 105797 0 18033 JEFF MCMARTIN COACH 40.00 X 102461 0 17065 BILL NORTHUP VP DEVELOPME 40.00 X 181463 0 12905 1340983 220598 8 true true false WEITZ 5901 THORNTON AVE DES MOINES IA 50321 CONTRACTOR 6860267 ROYALL 1920 E PARHAM RD RICHMOND VA 23228 CONSULTANT 555449 LMC INSURANCE & RISK MANAGEMENT 4200 UNIVERSITY STE 200 WEST DES MOINES IA 50266 INSURANCE 500662 ELLUCIAN INC 62578 COLLECTIONS CENTER CHICAGO IL 60693 SOFTWARE 288987 MEP ASSOCIATES 2720 ARBOR CT EAU CLAIRE WI 54701 ENGINEERING 230984 21 4707525 305513 4707525 TUITION 611600 41452010 41452010 AUXILIARY 611600 12584020 12584020 GOVT TRIO 611600 1355047 1355047 EDUCATIONAL 611600 916384 916384 AUXILIARY 722320 827988 827988 57135449 3669596 3669596 5785 5785 122668 63616 59052 59052 59052 65577407 56307461 827988 3734433 24211368 24211368 835602 218373 617229 17715718 14982099 1358086 1375533 1269751 1084974 101898 82879 2336035 2060161 173953 101921 1370627 1150103 125472 95052 899873 773914 104867 21092 51910 51910 75470 75470 570206 11381 66 558759 2200569 1665263 177596 357710 607992 238036 369956 891239 886939 4300 940737 850095 56734 33908 276544 78578 110884 87082 1492698 1488213 3559 926 3823850 3741736 63803 18311 OPERATIONAL MAINTENANCE 3253798 3188071 52712 13015 FOOD 2035166 2035166 OTHER 1752670 1508962 241149 2559 OFF CAMPUS PROGRAMS 1589473 1589473 1368556 1368556 69569852 63131461 3689644 2748747 6682851 906285 6480762 2498561 4049719 2720377 732042 921062 3319013 3551028 265536 264728 738145 516856 173443970 77525904 89037472 95918066 41617190 45843260 32834964 32648529 694311 367589 186452005 186156341 3583410 3560102 598428 361957 58185484 44996312 21026874 542983 3072285 3010365 65982590 72955610 X 56849823 52070684 15229877 11799153 48389715 49330894 120469415 113200731 186452005 186156341 -3992445 -3276239 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367589 X X X X false 71347418 858114 7772472 1527935 1996589 76453480 78540803 906269 -2441490 1517858 4140306 71347418 79887626 1220021 933156 1504609 1995391 78540803 71067325 1292161 10928140 1458338 1941662 79887626 68072256 970603 5424466 2368163 1031837 71067325 0.29000 0.64000 0.07000 false false 6839930 6839930 141659667 54840328 86819339 24297240 22685576 1611664 647133 647133 95918066 REAL ESTATE 9290875 F HEDGE FUNDS 8172854 F PRIVATE EQUITY 6098959 F CO MINGLED FUNDS 2251548 F REAL ASSETS 1924179 F VENTURE PARTNERS 1497368 F NATURAL RESOURCES 1414073 F PRIVATE EQUITY 944776 F INTERNATIONAL PRIVATE EQUITY 638938 F DISTRESSED DEBT 341213 F PELLA THEATRE CORPORATION 70000 F BELLA VISTA 3746 F 32648529 US GOVT REFUNDABLE 2247997 ANNUITIES PAYABLE 762368 3010365 X 38153416 4239555 -7452178 -3212623 41366039 24211368 24211368 65577407 45422100 63616 63616 45358484 24211368 24211368 69569852 SCHEDULE D, PAGE 2, PART III, LINE 4 PAINTINGS AND INDIAN JEWELRY COLLECTION USED IN ACADEMIC CLASSES, PUBLIC DISPLAY ON CAMPUS AND LOANED TO OTHER NON-PROFIT ORGANIZATIONS WITH NO FEE. SCHEDULE D, PAGE 2, PART V, LINE 4 INTENDED USE OF THE ENDOWMENT FUNDS IS TO FUND EDUCATIONAL SCHOLARSHIPS AND AWARDS FOR CENTRAL COLLEGE STUDENTS, FACULTY, AND SUPPORT FOR ENDOWED CHAIRS, AND ADDITIONAL SPECIAL PROJECTS FOR FACULTY MEMBERS AND THE MUSIC DEPARTMENT. SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE. THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING CERTAIN UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 AND 2016. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURN FOR FISCAL YEARS 2014 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 63,616 BOND DEFEASEMENT -7,515,794 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID 24,211,368 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 63,616 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 24,211,368 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 CENTRAL COLLEGE ADMITS STUDENTS ON THE BASIS OF ACADEMIC QUALIFICATIONS WITHOUT REGARD TO SEX, RACE, COLOR, CREED, NATIONAL OR ETHNIC ORIGIN, OR PHYSICAL HANDICAP. CENTRAL COLLEGE STUDENTS HAVE EQUAL RIGHTS, PRIVILEGES, AND RESPONSIBILITIES UNLESS SPECIFICALLY RESTRICTED BY DISCIPLINARY PROCESS. SCHEDULE E, LINE 6 CENTRAL COLLEGE RECEIVES TITLE IV FINANCIAL AID FOR STUDENTS FROM THE DEPARTMENT OF EDUCATION: PELL GRANT, SEOG, WORK STUDY FUNDS, TEACHER EDUCATION GRANTS/LOANS, AND DIRECT LOANS. true EUROPE & UK 4 4 PROGRAM SERVICES EDUCATIONAL 1827455 NORTH AMERICA 1 1 PROGRAM SERVICES EDUCATIONAL 247461 5 5 5 5 2074916 2074916 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL EXPENDITURES MADE OUTSIDE THE UNITED STATES. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE & UK 1,827,455 0 NORTH AMERICA 247,461 0 true INSTITUTIONAL AID 1184 22682323 ENDOWED SCHOLARSHIPS 384 1529045 SCHEDULE I, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, CENTRAL COLLEGE PARTICIPATES IN AN A-133 AUDIT ON AN ANNUAL BASIS FROM OUR EXTERNAL AUDIT FIRM. X X true true X X X X true false false false false false false false false MARK PUTNAM PRESIDENT 240783 15000 37120 25400 22653 340956 THOMAS JOHNSON VP FINANCE & TREAS 167078 4528 18300 20050 209956 MARY STREY VP ACADEMICS 176075 542 19000 35319 230936 BILL NORTHUP VP DEVELOPMENT 109644 30000 41819 5176 7729 194368 SCHEDULE J, PAGE 1, PART I, LINE 4 BILL NORTHUP 41,477 0 0 SCHEDULE J, PART III CENTRAL COLLEGE OWNED PROPERTY IS PROVIDED TO THE PRESIDENT. THE PROPERTY IS USED FOR MANY COLLEGE FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. THERE IS NO PRIVATE RESIDENCE FOR THE FAMILY. SOCIAL CLUB DUES ARE PAID BY THE COLLEGE AND TREATED AS A TAXABLE BENEFIT. THE PRESIDENT PAYS FOR ANY PERSONAL MEALS AT THE CLUB. A IOWA HIGHER EDUCATION LOAN AUTHORIT 421235696 4624605AO 2016-12-20 45730000 SEE PART VI false false false A 46047348 409029 33458510 740851 10063850 1375108 2011 true true false true A false false false false false false true A false true true false false false false false true A true SCHEDULE K - ADDITIONAL INFORMATION IOWA HIGHER EDUCATION LOAN AUTHORITY PART I, LINE A, COLUMN (F) REFUND PRIOR ISSUES (06/29/05), (06/14/12), (07,02/14). PART II, LINE 3, COLUMN (A) THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. DEPENDENT WAIVER 58513 NONCASH TUITION WAIVER X 2717 FAIR VALUE X 22 302796 FAIR VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B CENTRAL COLLEGE USES US BANCORP TO PROCESS AND SELL DONATED SECURITIES. DONORS TRANSFER SECURITIES TO CENTRAL'S BROKERAGE ACCOUNT. SECURITIES ARE THEN SOLD IMMEDIATELY PER BOARD POLICY AND FUNDS ARE DEPOSITED INTO THE COLLEGE'S CHECKING ACCOUNT AT US BANK. FORM 990 - ORGANIZATION'S MISSION CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4D GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM FORM 990, PART V, LINE 4B SPAIN, AUSTRIA, MEXICO, GREAT BRITAIN (UK) FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE GOVERNANCE BOARD OF THE COLLEGE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST DOCUMENT IS COMPLETED EACH YEAR AND MONITORED BY THE TREASURER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 15A PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF KEY EMPLOYEES AND OFFICERS ARE APPROVED BY DIRECT REPORTS. ALL SALARIES ARE MONITORED BY THE BUSINESS OFFICE MONTHLY. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST