2017-04-11T16:00:11-05:00 2016-06-30 350921680 CROWE HORWATH LLP 10 West Broad Street Suite 1700 Columbus OH 432153713 990 2015-07-01 314379537 University of Rio Grande UNIV 7402457358 218 North College Avenue Rio Grande OH 45674 Tim Pruett Chief Financial Officer 2017-04-11 true rachel spurlock P00520729 6144690001 2015 2021-01-29 14:40:06Z Michelle Johnston 218 North College Avenue Rio Grande OH 45674 33899972 false X www.rio.edu X 1876 OH The mission of the University of Rio Grande is one of America's unique private institutions of higher education designed to provide learners the opportunity to attain a high-quality, high-value education. Our personalized, learner-centered environment promotes successful lives, careers, and responsible citizenship. 29 26 676 29 0 0 1786769 1092781 24939871 26337506 778401 333669 642268 319962 28147309 28083918 4978353 5614989 0 14938413 13534292 0 317932 9333443 8839930 29250209 27989211 -1102900 94707 48940483 45130601 21320041 22648765 27620442 22481836 The mission of the University of Rio Grande is one of America's unique private/public institution of higher education designed to provide learners the opportunity to attain a high-quality, high-value education. Our personalized, learner-centered environment promotes successful lives, careers, and responsible citizenship. false false 9672535 5614989 11875394 INSTRUCTION OF UNDERGRADUATE AND GRADUATE STUDENTS - STUDENTS CAN CHOOSE FROM OVER 70 ACADEMIC PROGRAMS, INCLUDING CERTIFICATE PROGRAMS, ASSOCIATES, BACHELORS AND MASTER'S DEGREES. THERE ARE OVER 2,200 STUDENTS THE UNIVERSITY OF RIO GRANDE CURRENTLY SERVES. THEIR LARGEST DEGREE PROGRAMS ARE THE NURSING AND TEACHING PROGRAMS. 8079574 0 8717611 UNIVERSITY OF RIO GRANDE HAS A CONTINUING CONTRACT WITH RIO GRANDE COMMUNITY COLLEGE (RGCC). THE UNIVERSITY PROVIDES TO RGCC AND ITS STUDENTS INSTRUCTION IN ARTS AND SCIENCES, TECHNICAL STUDIES, ADULT EDUCATION AND DEVELOPMENT COURSES; ACCESS TO ALL NONRESIDENTIAL PHYSICAL FACILITIES OF THE UNIVERSITY; ACTIVITIES AVAILABLE TO THE STUDENTS SUCH AS ATHLETICS, CLUBS, DRAMATICS, AND OTHER APPROVED ACTIVITIES; STUDENT PERSONNEL SERVICES; AND APPROPRIATE OFFICE SPACE FOR RGCC'S ADMINISTRATIVE OFFICES. 5201226 5977377 AUXILIARY ACTIVITIES INCLUDING DORMITORIES, DINING FACILITIES, & INTERCOLLEGIATE ATHLETICS ARE AVAILABLE TO ENHANCE THE LIFE ON CAMPUS OF STUDENTS. RIO GRANDE OFFERS ELEVEN SPORTS INCLUDING BASEBALL, BASKETBALL AND CROSS COUNTRY TO THEIR STUDENT ATHLETES. 22953335 true true false false false false false false false true true false false false true true true false true false false false false false false false false false true true false false false false false false true true false false false false false true true true false false true 3702 0 true 676 true false false false false false false false false false false X 29 26 false false false false false false false true false false true true true true true true true false false X Tim Pruett 7402457358 218 NORTH COLLEGE AVE RIO GRANDE OH 45674 Alice Dachowski Chair 1.0 X X 0 0 0 Kay V Ervin Vice Chair 1.0 X X 0 0 0 Dick LeGrand Treasurer 1.0 X X 0 0 0 Petrea A Brown Secretary 1.0 X X 0 0 0 Steven Chapman Board Member 1.0 X 0 0 0 Gary Roach Board Member 1.0 X 0 0 0 Mary Pierce Board Member 1.0 X 0 0 0 Michael Reardon Board Member 1.0 X 0 0 0 Matt Dolan Board Member 1.0 X 0 0 0 Jack Finch Board Member 1.0 X 0 0 0 Joe Eulberg Board Member 1.0 X 0 0 0 Stacie Vaughn Hutton Board Member 1.0 X 0 0 0 Don Wood Board Member 1.0 X 0 0 0 Mel Simon Board Member 1.0 X 0 0 0 Robert Foster Board Member 1.0 X 0 0 0 Brent Saunders Board Member 1.0 X 0 0 0 James Caldwell Board Member 1.0 X 0 0 0 Ned Riegel Board Member 1.0 X 0 0 0 Daniel Whiteley Board Member 1.0 X 0 0 0 Ronald Glover Board Member 1.0 X 0 0 0 Jeffrey E Smith Board Member 1.0 X 0 0 0 Thomas Davisson Board Member 1.0 X 0 0 0 Larry Guglielmi Board Member 1.0 X 0 0 0 Clyde M Evans Board Member 1.0 X 0 0 0 Phillip Satterfield Board Member 1.0 X 0 0 0 Tom Karr Board Member 1.0 X 0 0 0 Chris Sible Board Member 1.0 X 0 0 0 Tim Kyger Board Member 1.0 X 0 0 0 Larry Rees Board Member 1.0 X 0 0 0 Michelle Johnston President 40.0 X 219680 0 79928 Paul Harrison Executive Vice President 40.0 X 165306 0 21517 Richard Sax VP academic affairs & provost 40.0 X 132010 0 4605 Timothy Pruett Chief Financial Officer 40.0 X 118002 0 17793 David A Lawrence Dean School of Liberal Arts and Sciences 40.0 X 104665 0 8422 Donna T Mitchell Dean School of Health and Behavioral Sciences 40.0 X 100366 0 49020 840029 0 181285 6 true true false SODEXO INC & AFFILIATES 1473 CAVITT RD MONROEVILLE PA 15146 FOOD SERVICES 1196760 MID-AMERICAN CLEANING SERVICES 750 BUCKEYE ROAD LIMA OH 458041935 JANITORIAL SERVICES 565899 BRENTWOOD BUILDERS 100 PARKVIEW LANE CEDARVILLE OH 45314 DORM RENOVATIONS 371885 BAKER & HOSTETLER PO BOX 70189 CLEVELAND OH 44190 LEGAL SERVICES 169963 BUCKEYE HILLS CAREER CENTER PO BOX 157 RIO GRANDE OH 45674 EDUCATIONAL SERVICE-RESPIRATORY THERAPY 157554 6 X 300384 792397 1092781 TUITION AND FEES 900099 13287689 13287689 COMMUNITY COLLEGE CONTRACT 900099 8717611 8717611 AUXILIARY ENTERPRISES 611710 3998104 3998104 BOOKSTORE (NET) 451211 334102 334102 0 0 0 0 26337506 408638 408638 87086 87086 0 87086 87086 5741085 5816054 -74969 0 -74969 -74969 Student fines and assessment 900099 24454 24454 Student Charges 900099 47629 47629 Pell Grant Admin Revenue 900099 6725 6725 154068 154068 0 0 232876 28083918 26570382 0 420755 5614989 5614989 962646 211773 597499 153374 96059 0 96059 0 8880271 7688684 1129005 62582 875203 752674 116402 6127 1989963 1711368 264665 13930 730150 627929 97110 5111 203041 2030 201011 0 62250 0 62250 0 109201 109201 2251462 1903999 335823 11640 46805 46805 0 0 341429 210457 111438 19534 406947 311393 86436 9118 1196753 945435 239351 11967 234927 194868 31576 8483 25336 18140 6396 800 404668 0 404668 0 1155014 993312 153617 8085 439726 347384 87945 4397 Athletic Expenses 415148 415148 0 0 Repairs & Maintenance 311312 69120 242192 0 Bad Debt Expense 447594 447594 0 0 Dues and Subscriptions 138202 14805 122586 811 650115 425428 222714 1973 27989211 22953335 4717944 317932 2269421 367638 1291665 1205371 619487 492566 588414 580271 0 0 1125530 1051399 686573 663949 6184 39702 44787368 25678615 19018624 19108753 22908497 21174297 0 0 426088 446655 48940483 45130601 3716224 1321602 516282 492467 186688 0 3543138 3519286 5160229 4528354 8197480 12787056 21320041 22648765 X 2637226 -1103793 4743407 3230966 20239809 20354663 27620442 22481836 48940483 45130601 X 94707 -1375200 -3858113 X false true X true true true X 1804732 2416947 1744360 1786769 1092781 8845589 0 0 1804732 2416947 1744360 1786769 1092781 8845589 1439586 7406003 339127 471114 485758 647776 495724 2439499 0 0 0 0 0 0 0 0 0 0 0 0 11285088 134325985 0.6563 0.6301 X Schedule A, Part I, Line 11h(v) Public Support Test PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23496303 114854 -1105521 774248 21731388 23551012 657195 270165 982069 23496303 21370279 738609 2355889 913765 23551012 20605693 977973 3015763 1052349 2176801 21370279 21369297 368567 143088 1275259 20605693 0.0 0.9366 0.0634 true true true 1273867 1273867 28640015 12478475 16161540 2501496 2087154 414342 12371990 11112986 1259004 19108753 US GOVERNMENT LOAN FUNDS 1056679 ACCRUED PENSION COSTS 11628541 INTEREST RATE SWAP 101836 12787056 X 18161488 -1375200 1035073 -340127 18501615 109201 9473102 9582303 28083918 23300094 1035073 1035073 22265021 109201 5614989 5724190 27989211 Schedule D, Part V, Line 4 Intended uses of endowment funds The endowments are used to provide financial assistance to students in need. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University has been determined to be exempt from federal income taxes under Section 501(a) of the Internal Revenue Code of 1986 (the "Code"), as an organization described in Sections 501(c)(3) and 170(b)(l)(A)(ii) of the Code. Accordingly, no provision for taxes has been made in the financial statements. 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, 2016 and 2015. 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 years ended June 30, 2016 and 2015. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 1035073 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHOLARSHIP AND TUITION REMISSION - 5614989 PENSION RELATED CHANGES OTHER THAN PERIODIC COSTS - 3760038 CHANGE IN VALUE OF INTEREST RATE SWAP - 98075 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 1035073 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIP AND TUITION REMISSION - 5614989 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The racially nondiscriminatory policy is posted in the school bulletin and catalog distributed to prospective students and the student handbook to enrolled students. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT U.S. DEPARTMENT OF EDUCATION: FEDERAL PELL GRANT PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, NATIONAL SCIENCE & MATHEMATICS ACCESS TO RETAIN TALENT GRANT, AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS. U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES: BLOCK GRANTS true SCHOLARSHIPS 905 3499978 ATHLETIC SCHOLARHIPS 253 1822222 NURSING SCHOLARSHIPS 5 8057 GRADUATE 22 284732 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The financial aid office determines if a student is eligible to receive a scholarship from the University and, if eligible, will apply the approved scholarship payment to the respective students tuition account. No checks are issued to the students directly. The financial aid office monitors the use of the funds to ensure they are used for their intended purpose. X X true true X X false false false false false false false false false Michelle Johnston President 187512 0 32000 0 168 0 18000 0 61928 0 299608 0 0 0 Paul Harrison Executive Vice President 163614 0 0 0 1692 0 15694 0 5823 0 186823 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments THE PRESIDENT RECEIVED A GROSS-UP ON A BONUS PAYMENT, PURSUANT TO A WRITTEN EMPLOYEMENT CONTRACT. THIS WAS REPORTED ON THE PRESIDENT'S W-2. Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS PART OF HER COMPENSATION CONTRACT. THE VALUE OF THE HOUSING THE PRESIDENT RECEIVED IS $3,710 A MONTH AND THE ANNUAL AMOUNT OF $44,520 IS REPORTED IN SCH J PART II AS A NONTAXABLE BENEFIT PROVIDED. THIS BENEFIT IS CONSIDERED NONTAXABLE PURSUANT TO IRC SECTION 119. ANNETTE WARD FAMILY MEMBER OF TRUSTEE PETREA BROWN 40300 EMPLOYMENT false THE WISEMAN AGENCY INC GARY ROACH TRUSTEE IS PRESIDENT OF WISEMAN AND OWNS GREATER THAN 35% 249848 INSURANCE SERVICE false DAVID SMALLEY FAMILY MEMBER OF TRUSTEE CLYDE EVANS 55729 EMPLOYMENT false Form 990, Part VI, Line 15b PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS/KEY EMPLOYEES THE COMPENSATION OF THE OTHER OFFICERS HAVE BEEN IN PLACE FOR SOME TIME WITH ANNUAL INCREASES DETERMINED BY THE PRESIDENT BASED ON ANNUAL RAISES PROVIDED TO ALL EMPLOYEES. THE PRESIDENT DETERMINES IF ADDITIONAL RAISES ARE WARRANTED BASED ON INCREASES IN DUTIES OR OTHER PERFORMANCE FACTORS. THIS QUESTION HAS BEEN CHECKED NO SINCE THERE IS NO INDEPENDENT APPROVAL OF COMPENSATION OR REGULAR COMPARABILITY DATA USED. Form 990, Part VI, Line 11b Review of form 990 by governing body Prior to filing with the IRS, the Form 990 is reviewed by the Controller, the Director of Business Office, the finance committee, and the CFO. After review by the Controller, the Director of Business Office, the finance committee, and the CFO, the board members received a copy of the full Form 990 electronically prior to the form being submitted electronically to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Annual disclosure is provided to each officer and board member. Each person completes an annual conflict of interest questionnaire. Once the questionnaires are completed, the President's assistant reviews the responses and determines whether or not there are any potential conflicts of interest. If there is a potential conflict of interest, the Chairman of the board and the President review the corresponding issue and determine if there is an actual conflict of interest. If an actual conflict of interest is determined to exist, that person is excluded from any discussions concerning the conflicting issue and is not permitted to vote on any decisions regarding the conflicting issue. Any purchases and/or bidding proposals are also reviewed for any potential conflicts of interest prior to submitting bids or making purchases. The CFO and Controller attend the board meetings to ensure that compliance with these guidelines is followed. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION OF THE PRESIDENT IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES ANNUALLY. THE CURRENT PRESIDENT WAS HIRED IN OCTOBER 2014. THE PRESIDENT IS UNDER A MULTIPLE YEAR CONTRACT WITH THE UNIVERSITY. THE COMPENSATION OF THE PRESIDENT IN COMPARISON WITH OTHER SCHOOLS IN THE STATE THAT ARE OF SIMILAR SIZE AND THE ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY OF OHIO (AICUO) IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE (CURRENTLY HEADED BY JOE EULBERG). THE APPROVAL OF THE COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Income - Total Revenue: 154068, Related or Exempt Function Revenue: 154068, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances PENSION RELATED CHANGES OTHER THAN PERIODIC COSTS - -3760038; CHANGE IN VALUE OF INTEREST RATE SWAP - -98075; EMERSON AND EVELYN EVANS AND SONS FNDT 218 NORTH COLLEGE AVENUE RIO GRANDE OH 45674 311017994 SUPPORT ORG. OH 501(c)(3 Type II UNIVERSITY OF RIO GRANDE true false false true false false false false false false false false false false false false false false false false