2017-03-01T13:14:48-06:00 2016-05-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2015-06-01 362515868 Judson University A Baptist Institution JUDS 8476282500 1151 N State Street Elgin IL 60123 Jeff Eder VP of Business Affairs & CFO 8476282500 2017-03-01 1 David C Moja P00747006 3178852620 2015 2021-01-29 14:40:06Z Dr Gene C Crume 1151 N State Street Elgin IL 60123 42132855 0 X www.judsonu.edu X 1963 IL Four year private, Christian liberal arts university 18 16 889 300 11153 -345 2516528 2222057 29528708 30501476 336730 -19668 -190053 -224101 32191913 32479764 11269428 11279111 0 0 12726563 13016471 0 0 959426 12059964 11603209 36055955 35898791 -3864042 -3419027 57973787 53430461 15090273 14574449 42883514 38856012 X Judson is an evangelical Christian university that represents the Church at work in higher education, equipping students to be fully developed, responsible persons who glorify God by the quality of their relationships, work, and citizenship in the community, nation, and the world. Through a broadly based education in the liberal arts, sciences, and professions, the university enables its students to acquire ideas and concepts that sharpen their insights, develop skills appropriate to their career goals, and develop the skills and commitment for lifelong learning. The Judson community experience challenges graduates to be decisive leaders and active participants in church and society, articulate proponents of Biblical Christianity, persuasive advocates for the sovereignty of God over all life, and effective ambassadors for Christ. 0 0 20483832 7459127 20232588 Liberal Arts Instruction - Provided instruction and related services to 771 traditional students, 41 post-bachelor of arts students and 134 students in the master's programs. Counting all types of instruction, Judson graduated 245 students with baccalaureate degrees and 68 students with master's degrees. 5252280 1917005 5174101 Housing and food service - Provided housing and related services to approximately 69% of the above traditional students. 5183673 1902979 5094787 Adult Continuing Education - Provided instruction and related services to 333 students. 30919785 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 1 1834 0 1 889 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Jeff Eder 8476282500 1151 N State Street Elgin IL 60123 Dr Rob McCleland Vice Chairman 1.00 X X 0 0 0 Mr John M Shales Chairman 1.00 X X 0 0 0 Rev Greg Huguley Treasurer 1.00 X X 0 0 0 Mrs Cynthia Hoag Secretary 1.00 X X 0 0 0 Dr Nate Adams Trustee 1.00 X 0 0 0 Rev Nathaniel Edmond Trustee 1.00 X 0 0 0 Dr Tom Hufty Trustee 1.00 X 0 0 0 Mr Fred Broling Trustee 1.00 X 0 0 0 Mr Dana Davidson Trustee 1.00 X 0 0 0 Mr Dennis Demoss Trustee 1.00 X 0 0 0 Mr Brett Lundstrom Trustee 1.00 X 0 0 0 Dr Adam Mackintosh Trustee 1.00 X 0 0 0 Mrs Linda Colson Trustee 1.00 X 0 0 0 Mr Paul Floyd Trustee 1.00 X 0 0 0 Mr Harold Booze Trustee 1.00 X 0 0 0 Dr Brett Smith Trustee 1.00 X 0 0 0 Mr Bruce Strom Trustee 1.00 X 0 0 0 Ms Laura Weise Trustee 1.00 X 0 0 0 Dr Will A Friesen Provost 40.00 X 161025 0 35428 Dr Gene Crume President 40.00 X 217917 0 29512 Mr Randall W Patterson Interim VP of Business Affairs & CFO 40.00 X 114584 0 8252 493526 0 73192 3 0 1 0 Creative Dining Services Inc 1 Royal Park Drive Suite 3 Zeeland MI 49464 Food Service 1644530 Aramark Corporation 24818 Network Pl Chicago IL 60690 Plant Maintenance 1548233 TIAA-CREF 8907 Timbers Pointe Dr Tinley Park IL 60477 Retirement Trustee 663938 National Management Resources 113 Corporate Park East Drive LaGrandge GA 30241 Plant Maintenance 461734 Gentry Partnership 100 Detroit St Cary IL 60013 Procurement Company 395438 12 261082 189539 1771436 73245 2222057 Liberal Arts Instructi 900099 20232588 20232588 Housing and food servi 900099 5174101 5174101 Adult Continuing Educa 900099 5094787 5094787 30501476 297481 297481 8986353 8500 9299714 12288 -313361 -3788 -317149 -317149 105835 261082 341089 -235254 -235254 Conf. Services & Other 721000 11153 11153 11153 32479764 30501476 11153 -254922 15360 15360 11263751 11263751 590765 511328 56357 23080 322046 278742 30722 12582 10049112 8697866 958652 392594 300096 259744 27724 12628 1008353 841824 89705 76824 746099 645951 67429 32719 91578 5058 86520 43556 43556 89788 89788 1693072 1456350 63807 172915 224966 224071 895 529488 288738 158877 81873 523506 429724 49317 44465 1557380 1232351 325029 619034 414283 180393 24358 36934 27340 7949 1645 344705 344705 1679544 873591 805953 12282 12282 Food service 1475020 1459313 11017 4690 Textbook 220794 220794 Recruitment 177943 177943 R&M equipment 170082 154280 6573 9229 2113537 1441383 603225 68929 35898791 30919785 4019580 959426 3761 6554 516292 315021 1074197 1492377 855967 1457326 90560 134732 68198058 28619192 39953535 39578866 13466846 8608088 171251 189894 1732021 1542017 109357 105586 57973787 53430461 3223172 3446030 1590257 462632 6980000 6665000 1681351 2480278 1615493 1520509 15090273 14574449 X 27103061 23346244 8724265 8347023 7056188 7162745 42883514 38856012 57973787 53430461 -3419027 -608475 0 X X 0 1 X 1 1 1 X 3092667 2648035 2256442 2516528 2222057 12735729 3092667 2648035 2256442 2516528 2222057 12735729 475562 12260167 275800 341885 271487 337952 291133 1518257 368223 368223 14622209 147061794 0.83850 X Schedule A, Part II, Line 10, Explanation of Other Income: Revenue from other sources - 2011 Amount: $ 368,223. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156376 X X X 0 0 0 15702654 101179 -281148 904548 3370087 11248050 15197820 237405 774709 507280 15702654 13603631 307143 1749374 462328 15197820 11391503 478129 1928727 194728 13603631 10562443 507488 526767 -205195 410390 11391503 0.00000 0.62970 0.37030 0 0 399000 1017022 1416022 50847145 17539612 33307533 7673656 4246492 3427164 6192701 4995428 1197273 2068534 1837660 230874 39578866 Refundable loan program 1265243 Refundable deposits 100843 Annuities payable 154423 1520509 X 20858839 -608475 341089 -267386 21126225 89788 11263751 11353539 32479764 24886341 341089 341089 24545252 89788 11263751 11353539 35898791 Part III, Line 4: Judson University houses collections of art from many sources such as donors, members of staff and faculty, and original work by family members of past officers. Some artwork provides a historical reference to our founders and enhances our unique campus culture. The artwork on display provides examples of different media and applications of art that serve to further the educational experience of our students and helps to initiate an understanding of the relationship of art and design to man's creative faith-life as a creature "bearing God's image and as a community member. Part V, Line 4: The University's endowment consists of approximately 175 individual funds established primarily for scholarship purposes. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the 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 statements of activities. As of May 31, 2016, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University files information tax returns in the U.S. and Illinois. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2013. Part XI, Line 2d - Other Adjustments: Fundraising expenses on Part VIII, Line 8b 341,089. Part XI, Line 4b - Other Adjustments: Financial aid 11,263,751. Part XII, Line 2d - Other Adjustments: Fundraising expenses on Part VIII, Line 8b 341,089. Part XII, Line 4b - Other Adjustments: Financial aid 11,263,751. 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 policy is available at www.judsonu.edu. Admission to Judson University, participation in all of its academic and co-curricular programs, eligibility for its various financial aid programs, and all university services are open to all without regard to race, color, gender, creed, or national and ethnic origin. Judson University seeks to provide a balance in all of its programs and services to women. A self study has been completed to make certain the university is fulfilling all requirements of Title IX concerning nondiscrimination on the basis of sex. In compliance with federal regulations, Nick Salzmann, Campus Safety Director, serves as grievance officer. No disabled person shall, on the basis of disability, be excluded from participation in or be denied the benefits of any university program activity or service. No qualified disabled person shall, on the basis of disability, be subject to discrimination in employment under any program or activity of the university. Schedule E, Part I, Line 6 The University received the following types of government financial assistance: Pell Grant, S E O G, Federal Work Study, Ford Loan Program, MAP Grants, and PA Educational Grant. Central America and the Caribbean 0 0 Program Services Mission trips 51686 South America 0 0 Program Services Mission trips 29360 Sub-Saharan Africa 0 0 Program Services Mission trips 21287 0 0 0 0 0 0 102333 0 102333 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. World Leader's Forum 289617 218942 70675 2000 27420 125000 131604 WLF - Inspirational Series 77300 42140 35160 1012 18500 35553 366917 261082 105835 2000 28432 143500 167157 341089 -235254 1 Del Camino Connection PO Box 450 Wheaton IL 60187 571205133 501(c)(3) 15360 General support 1 0 Scholarships 1105 11263751 Part I, Line 2: Grants and aid are tracked in the accounting system in a temporarily restricted fund or reimbursed according to a qualified reimbursement policy. An audit of funds granted is conducted when deemed necessary. Funds are given and monitored by the mission trip teams that are sent to work with Del Camino each year. The funds are specifically used for the work done during the mission trip. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Will A Friesen Provost 159931 0 0 0 1094 0 6665 0 28993 0 196683 0 0 0 Dr Gene Crume President 217774 0 0 0 143 0 9100 0 20642 0 247659 0 0 0 Part I, Line 1a Spousal travel was provided to the wife of the President. The travel was for a bona-fide business purpose and therefore was not treated as taxable compensation. The University's Provost was provided with housing. This benefit qualified as non-taxable housing provided for the convenience of the employer under IRC Section 119. Membership at a local country club was provided to the President for a portion of the year. The membership was for a bona-fide business purpose and therefore was not treated as taxable compensation. This membership was no longer provided as of 5/31/16. A City of Elgin Kane and Cook Counties IL 366005862 2014-05-08 7295000 Refund 2006 bond/change trustees 0 0 0 A 630000 7295000 7295000 2007 1 0 1 1 A 0 0 1 1 0 0.00100 0.00100 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 13290 Tuition Asst. Tuition Asst. Lundstrom Insurance Company owned by Trustee, Brett Lundstrom 243241 Insurance provider 0 Rebecca Huguley Spouse of Board Treasurer 16507 Wages 0 X 4 48316 Fair market value X Piano 1 20000 Fair market value X Photo lab equipment 1 2155 Fair market value X String Bass 1 1674 Fair market value X Concert tickets 1 1100 Fair market value 0 0 1 0 Part I, Column (b): The number of contributions represents the number of contributions received. Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the Chair, Vice Chair, Secretary, Treasurer, the Chairs of the standing committees, and two at-large trustees. The Executive Committee has full authority of the board except that the Committee may not hire or remove the President nor make changes to Bylaws or the Board Policy Manual. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent CPA firm. The Form was submitted for review in detail to the Vice President of Business Affairs and the business affairs committee prior to filing. It was also provided to the entire board of trustees prior to filing. Form 990, Part VI, Section B, line 12c Officers, trustees, and key employees of Judson University are required to complete a conflict of interest/related party questionnaire each year. The Vice President reviews the signed statements. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Board reviews the compensation for the President and other officers on an annual basis. Comparable data is used and the process is documented in the board minutes. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XII Line 2c The organization's business affairs committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.