2017-11-09T12:00:06-06:00 2017-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2016-07-01 350885591 INDIANA WESLEYAN UNIVERSITY % NANCY SCHOONMAKER INDI 7656772947 4201 S WASHINGTON STREET MARION IN 46953 NANCY SCHOONMAKER CFO 7656772947 2017-11-15 true Joyce A Dulworth P00151125 2604604000 68.39.246.43 35027420173135000005 2017-11-09 P FD17B16453602DE2B5C268902672A980DDBA3821 1466242D98572CF50F8DAFF8C03C944EFBA58CF0 2016 2021-01-29 14:40:06Z NANCY SCHOONMAKER 4201 S WASHINGTON STREET MARION IN 46953 239673064 false X WWW.INDWES.EDU X 1920 IN INDIANA WESLEYAN UNIVERSITY IS A CHRIST-CENTERED ACADEMIC COMMUNITY COMMITTED TO CHANGING THE WORLD BY DEVELOPING STUDENTS IN CHARACTER, SCHOLARSHIP, AND LEADERSHIP. 27 22 4973 13 256321 220253 7822820 15183310 211109719 201140717 4621571 4109169 1233035 -270914 224787145 220162282 30885610 32021744 0 0 96601092 103690908 78115 280071 2954358 89789020 80910237 217353837 216902960 7433308 3259322 480050683 498667818 58929276 58667659 421121407 440000159 X INDIANA WESLEYAN UNIVERSITY'S PURPOSE IS TO SEARCH FOR TRUTH, BY STUDY IN LIBERAL ARTS AND IN PROFESSIONAL EDUCATION WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND PHILOSOPHY SO THAT THE PERSON IS DEVELOPED FOR SERVICE TO GOD AND MAN IN THE CHURCH AND IN SOCIETY. false false 197394871 32021744 201140717 INSTRUCTION: THIS PROGRAM ENCOMPASSES A WIDE RANGE OF INSTRUCTIONS IN LIBERAL ARTS CURRICULUM, AS WELL AS PROVIDING TEXTBOOK DISTRIBUTION AND RESIDENTIAL DINING SERVICES FOR STUDENTS. BOOKSTORE: THIS PROGRAM SERVICE PROVIDES TEXTBOOK DISTRIBUTION FOR STUDENTS. FOOD SERVICE: THIS PROGRAM SERVICE PROVIDES STUDENTS RESIDENTIAL DINING SERVICES. 197394871 true true false false false false false false false true true false false false true false false true true true true false false true true false false true true true true false false false false false false true false true true true false false false true true true true false false true 420 0 4973 true true true false false false false true true true 4 false false false X 27 22 false false false false false false false true true false false true true true true true true true true false IN X NANCY SCHOONMAKER 7656772947 4201 S WASHINGTON STREET MARION IN 46953 DANIEL BICKEL TRUSTEE 1.0 0.0 X 0 0 0 STEVE EDMONDSON TRUSTEE 1.0 0.0 X 0 0 0 THOMAS SCHMIDT TRUSTEE 1.0 0.0 X 0 0 0 NATHAN HOOVER - STARTED 716 TRUSTEE 1.0 0.0 X 0 0 0 DAVID WRIGHT UNIVERSITY PRESIDENT 40.0 0.0 X X 235798 0 91873 PAUL ANTHES TRUSTEE 1.0 0.0 X 0 0 0 SANTES BEATTY - STARTED 716 TRUSTEE 1.0 0.0 X 0 0 0 DON CADY TRUSTEE 1.0 0.0 X 0 0 0 NANCY CAMPBELL - STARTED 716 TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL CARMICHAEL TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER CONTRAD TRUSTEE 1.0 0.0 X 0 0 0 SHAWN COSSIN TRUSTEE 1.0 0.0 X 0 0 0 STEVE DENEFF TRUSTEE 1.0 0.0 X 0 0 0 DAVID DIMMICH TRUSTEE 1.0 0.0 X 0 0 0 MARK ECKART TRUSTEE 1.0 0.0 X 0 0 0 SHARON EPPS TRUSTEE 1.0 0.0 X 0 0 0 JEFF FREEMAN TRUSTEE 1.0 0.0 X 0 0 0 MARK GORVEATTE TRUSTEE 1.0 0.0 X 0 0 0 BARRY HINES TRUSTEE 1.0 0.0 X 0 0 0 MARK MEEKS TRUSTEE 1.0 0.0 X 0 0 0 KEVIN MYERS TRUSTEE 1.0 0.0 X 0 0 0 DONALD OTT TRUSTEE 1.0 0.0 X 0 0 0 GARY OTT TRUSTEE 1.0 0.0 X 0 0 0 JAMES POORE- STARTED 716 TRUSTEE 1.0 0.0 X 0 0 0 PETRA RAY TRUSTEE 1.0 0.0 X 0 0 0 CARL SHPHERD TRUSTEE 1.0 0.0 X 0 0 0 DALE SLOAN TRUSTEE 1.0 0.0 X 0 0 0 KAREN HOLLENBACH - UNTIL 1016 TRUSTEE 1.0 0.0 X 0 0 0 ARON WILLIS - UNTIL 1016 TRUSTEE 1.0 0.0 X 0 0 0 EVRETT SMITH - UNTIL 816 TRUSTEE 1.0 0.0 X 0 0 0 NANCY SCHOONMAKER CFO/VP OF BUSINESS AFFAIRS 40.0 0.0 X 139790 0 72531 AUDREY HAHN CEO/NON-RESIDENTIAL CAMPUS 40.0 0.0 X 155184 0 25839 J KEITH NEWMAN CEO/RESIDENTIAL CAMPUS 40.0 0.0 X 151518 0 37551 DUANE KILTY ASSOC PROF & ASST TO PRESIDENT 40.0 0.0 X 190883 0 33654 MARTIN RICE - STARTED 116 DEAN/SCH OF HEALTH SCIENCES 40.0 0.0 X 135177 0 39878 DIANE MCDANIEL VP OF MULTICULTURAL ENRICHMENT 40.0 0.0 X 141024 0 15870 BRIAN GARDNER - UNTIL 82016 VP OF UNIVERSITY ADVANCEMENT 40.0 0.0 X 136031 0 32853 R DAVID ROSE VP OF ENROLLMENT & MARKETING 40.0 0.0 X 128903 0 32185 1414308 0 382234 37 false true false HELIX EDUCATION GROUP 175 S WEST TEMPLE ST 700 SALT LAKE CITY UT 84101 ACCOUNTING/MARKETING 14017335 NCS PEARSON INC 21866 NETWORK PL CHICAGO IL 60673 LEARNING MANAGEMENT 5646975 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICE 4820406 WEIGAND CONSTRUCTION CO INC 7808 HONEYWELL DR FORT WAYNE IN 46825 CONSTRUCTION 1583376 BOWMAN CONSTRUCTION COMPANY PO BOX 387 MARION IN 46952 CONSTRUCTION 575822 29 28017 2322323 1714304 11118666 566341 15183310 TUITION AND FEES 900099 175208068 175208068 FOOD SERVICE 451211 9493085 9493085 RESIDENCE HALLS 721310 9026266 9026266 CONFERENCES 721310 2821733 2821733 BOOKSTORE 900099 1129131 1129131 3462434 3462434 201140717 4109019 256321 3852698 0 0 549485 807320 -257835 0 -257835 -257835 18683733 18683583 150 150 150 6800 28017 19879 -13079 -13079 0 0 0 0 0 0 0 220162282 201140717 256321 3581934 71540 71540 31950204 31950204 0 0 1414308 1264391 128702 21215 0 76839123 68694176 6992360 1152587 5029712 4496562 457704 75446 15225806 13611871 1385548 228387 5181959 4632672 471558 77729 0 57830 51701 5263 866 310371 277471 28244 4656 0 280071 280071 329715 329715 4030404 3603181 366767 60456 16858327 15071344 1534108 252875 5356691 4788882 487459 80350 7446524 6657192 677634 111698 0 5185611 4550360 545357 89894 1647217 1472612 149897 24708 0 711831 636377 64777 10677 0 0 12609802 11273163 1147492 189147 852124 761799 77543 12782 FOOD SERVICE 4261170 4261170 PROFESSIONAL DEVELOPMENT 1719526 1537256 156477 25793 IWU SUBSIDIARIES 6326168 5655594 575681 94893 UNCOLLECTIBLE ACCOUNTS 2531706 2531706 10675220 9543647 971445 160128 216902960 197394871 16553731 2954358 287239 397184 16727514 7306121 0 5242223 8161427 13087706 0 0 0 0 10239350 8637836 174567 135610 2054703 2025439 418766682 142926643 273017464 275840039 163753599 180034068 0 0 0 0 0 0 5634820 5961592 480050683 498667818 27204766 27342123 0 0 4674240 5841547 15000000 14908562 0 0 0 0 0 0 0 0 12050270 10575427 58929276 58667659 X 355082357 362786886 17872455 27088915 48166595 50124358 421121407 440000159 480050683 498667818 X 3259322 15231745 387685 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 146838068 6226436 18679849 4958404 166785949 145985049 9375236 -3622176 4900041 146838068 138534804 10568354 264795 3382904 145985049 107315991 15959410 17624735 2365332 138534804 82256405 16266288 11232368 2439070 107315991 0.59900 0.29500 0.10600 true false 23656148 23656148 311179967 96081673 215098294 44880053 25399572 19480481 39050514 21445398 17605116 275840039 0 REFUNDABLE DEPOSITS & SECURITY 1480957 ACCUM POSTRETIREMENT BENEFITS 1303413 ANNUITY PAYMENT LIABILITY 2186241 FEDERAL ADVANCE FOR STUDENT LOANS 5031062 TRUST LIABILITIES 573754 10575427 204271022 15231745 827199 16058944 188212078 31950204 31950204 220162282 185779955 827199 827199 184952756 31950204 31950204 216902960 SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D RECONCILIATION PART XI & XII LINE 2D RENTAL EXPENSE RECLASS $807,320 FUNDRAISING EXPENSE $ 19,879 TOTAL: $827,199 LINE 4B SCHOLARSHIPS $31,950,204 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS NOTED IN THE TRUSTEE BYLAWS, IN A BOARD APPROVED RESOLUTION, AND IN PROGRAM LITERATURE. SCHEDULE E, PART I, LINE 6A INDIANA WESLEYAN UNIVERSITY PARTICIPATES IN STUDENT AID PROGRAMS PROVIDED BY THE FEDERAL GOVERNMENT. true Sub-Saharan Africa PROGRAM SERVICES MISSION/ACADEMIC TRIPS 13307 EAST ASIA AND THE PACIFIC 1 PROGRAM SERVICES PROGRAM EXPENSES 3408471 EAST ASIA AND THE PACIFIC 1 PROGRAM SERVICES FINANCIAL AID 8500 SUB-SAHARAN AFRICA PROGRAM SERVICES MISSION/ACADEMIC TRIPS 112338 EUROPE PROGRAM SERVICES MISSION/ACADEMIC TRIPS 126619 SOUTH ASIA PROGRAM SERVICES MISSION/ACADEMIC TRIPS 5929 CENTRAL AMERICA AND CARIBBEAN PROGRAM SERVICES MISSION/ACADEMIC TRIPS 49476 RUSSIA PROGRAM SERVICES MISSION/ACADEMIC TRIPS 1100 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES MISSION/ACADEMIC TRIPS 1111 EUROPE PROGRAM SERVICES FINANCIAL AID 15500 2 2 3742351 3742351 false false false false false false X X X X X X true JOHNSON GROSSNICKLE ASSOCIATES FEASIBILITY STUDY false 108621 CAYLOR SOLUTIONS CONSULTING false 171450 280071 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY COLESCOTT GOLF 34817 28017 6800 19879 0 34817 28017 6800 19879 19879 -13079 true BRIDGES TO HEALTH 1251 W KEM RD MARION IN 46952 205405181 501(C)(3) 12000 OPERATING SUPPORT FAMILY SERVICE SOCIETY 101 SOUTH WASHINGTON ST MARION IN 46952 350868083 501(C)(3) 10000 OPERATING SUPPORT BOYS AND GIRLS CLUB 3402 S MERIDIAN ST MARION IN 46952 351065247 501(C)(3) 8000 OPERATING SUPPORT BAPTIST MINISTERS ALLIANCE 1204 W 14TH ST MARION IN 46953 351693624 501(C)(3) 6000 OPERATING SUPPORT UNITED WAY OF GRANT COUNTY PO BOX 61 MARION IN 46952 350995975 501(C)(3) 15000 OPERATING SUPPORT GRACE HOUSE FOR RECOVERY PO BOX 284 MARION IN 46952 352157300 501(C)(3) 8040 OPERATING SUPPORT PROJECT LEADERSHIP 118 W 25TH ST MARION IN 46952 453577728 501(C)(3) 12500 OPERATING SUPPORT 7 SCHOLARSHIPS 2774 31950204 SCHEDULE I, PART I, LINE 2 ANY SCHOLARSHIPS/GRANTS TO STUDENTS ARE DETERMINED BY THE FINANCIAL AID OFFICE IN WHICH EACH STUDENT FILE IS REVIEWED IN ACCORDANCE WITH DESIGNATED ELIGIBILITY REQUIREMENTS OF THE SCHOLARSHIPS OR GRANTS. SCHOLARSHIPS AND GRANTS ARE THEN MONITORED BY DISBURSING FUNDS FROM THE FINANCIAL AID OFFICE TO THE STUDENT ACCOUNT OFFICE. X X X X true true X X X X true false false false false false false false false DAVID WRIGHT UNIVERSITY PRESIDENT 233026 0 0 0 2772 0 24393 0 67480 0 327671 0 NANCY SCHOONMAKER CFO/VP OF BUSINESS AFFAIRS 139113 0 0 0 677 0 14769 0 57762 0 212321 0 DUANE KILTY ASSOC PROF & ASST TO PRESIDENT 186295 0 0 0 4588 0 15671 0 17983 0 224537 0 MARTIN RICE - STARTED 116 DEAN/SCH OF HEALTH SCIENCES 134519 0 0 0 658 0 12987 0 26891 0 175055 0 DIANE MCDANIEL VP OF MULTICULTURAL ENRICHMENT 139223 0 0 0 1801 0 13849 0 2021 0 156894 0 BRIAN GARDNER - UNTIL 82016 VP OF UNIVERSITY ADVANCEMENT 84352 0 0 0 51679 0 9216 0 23637 0 168884 0 R DAVID ROSE VP OF ENROLLMENT & MARKETING 127792 0 0 0 1111 0 13260 0 18925 0 161088 0 AUDREY HAHN CEO/NON-RESIDENTIAL CAMPUS 153122 0 0 0 2062 0 15479 0 10360 0 181023 0 J KEITH NEWMAN CEO/RESIDENTIAL CAMPUS 150092 0 0 0 1426 0 16292 0 21259 0 189069 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT HAS COUNTRY CLUB DUES PAID BY THE UNIVERSITY FOR BUSINESS ENTERTAINMENT PURPOSES. THE DUES ARE TAXABLE FOR PERSONAL USE. HOUSING AND PERSONAL SERVICES FOR THE PRESIDENT IS PROVIDED BY THE UNIVERSITY AND REQUIRED BY CONTRACT. THE RESIDENCE IS CONTIGUOUS TO THE CAMPUS, THE PRESIDENT IS REQUIRED TO LIVE THERE AND IS REQUIRED TO CONDUCT UNIVERSITY RELATED BUSINESS PER HIS CONTRACT. THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME AND IS SHOWN IN COLUMN (D) FOR DAVID WRIGHT. SCHEDULE J, PART I, LINE 4A BRIAN GARDNER RECEIVED A SEVERANCE PAYOUT IN THE AMOUNT OF $46,424 FROM SEPTEMBER 1 - DECEMBER 31. A CITY OF MARION ECONOMIC DEV SERIES 2016 356001102 2016-12-01 15000000 CONSTRUCTION false false false A 0 0 15000000 0 0 0 0 0 0 0 0 0 2007 false false true true A false false false false 0 false false false true A false false false false true false 0 false 0 false true A true SCHEDULE K, PART IV, LINE 2C THE FILING OF FORM 8038-T SHOULD BE HANDLED BY THE CITY OF MARION, WHO IS THE ISSUER OF THE BOND. 30645 TUITION REMISSION EDUCATIONAL PAUL ANTHES TRUSTEE 108419 INVESTMENT FEES false GARY OTT TRUSTEE 2145639 LEASE false NANCY CAMPBELL TRUSTEE 175196 BOOKSTORE false JERRY SHEPHERD BROTHER OF CARL SHEPHERD 97379 COMPENSATED BY IWU false PART IV Paul Anthes serves as President of Financial Advisory Corporation (FAC) and serves as Secretary of Board of Trustees at IWU. FAC provides investment advisory services for University endowment funds. FAC does not serve as custodian or manager of invested funds and only provides advisory services which custodian(s) and/or fund manager(s) use. The University receives monthly investment statements directly from the custodian of the funds independent of FAC. Additionally, the University has adopted an investment management policy and regularly reviews investment performance and asset allocation within the parameters of this policy. Finally, as an additional measure of independence, FAC receives a set fee for their services and not a percentage of the earnings on the invested funds. Mr. Anthes does not serve on the investment committee of the board. Gary Ott is the President of Tender Love and Care Management, which manages the Wesleyan Retirement Center. CARL SHEPHERD, A TRUSTEE OF INDIANA WESLEYAN UNIVERSITY, HAS A FAMILY MEMBER WHO IS EMPLOYED BY THE UNIVERSITY. NANCY CAMPBELL IS A GREATER THAN 35% OWNER IN TREE OF LIFE BOOKSTORES, AN ENTITY THAT CONDUCTS BUSINESS WITH IWU. X 6439 RETAIL VALUE X 2 356402 APPRAISAL X PHOTOCHROMS 1 5500 APPRAISAL X ANNUITIES 4 198000 FMV 2 false true true SCHEDULE M, PART I, LINE 32B IWU PARTNERS WITH IDONATE TO PROCESS CASH AND NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1B BOARD MEMBERS PAUL ANTHES, GARY OTT, NANCY CAMPBELL, AND CARL SHEPHERD ARE NON-INDEPENDENT DUE TO INFORMATION DISCLOSED ON SCHEDULE L. UNIVERSITY PRESIDENT, DAVID WRIGHT, IS NON-INDEPENDENT BECAUSE HE IS A COMPENSATED EMPLOYEE OF IWU. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD RECEIVES A COPY OF THE RETURN BEFORE FILING. IT IS ALSO REVIEWED BY AN INDEPENDENT CPA FIRM. FORM 990, PART VI, SECTION B, LINE 12C INDIANA WESLEYAN'S CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE POLICY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE BOARD OF TRUSTEES CHAIRPERSON AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND SETS THE PRESIDENT'S SALARY BASED ON AN EXTERNAL BENCHMARK, WHICH IS THE 75TH PERCENTILE OF PRESIDENTS OF SCHOOLS IN THE COUNCIL OF CHRISTIAN COLLEGES AND UNIVERSITIES. IN TURN, KEY EMPLOYEES ARE BENCHMARKED BY THE 75TH PERCENTILE FOR THEIR DISCIPLINE. ALL OTHER COMPENSATION IS REVIEWED AND APPROVED BY EXECUTIVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS AND POLICIES CAN BE OBTAINED BY CONTACTING THE OFFICE OF THE VICE PRESIDENT FOR BUSINESS AFFAIRS. PART XI, RECONCILIATION OF NET ASSETS LINE 9 EXCHANGE RATE GAIN ON CONTRIBUTIONS 114,649 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS (23,075) CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 296,111 TOTAL: 387,685 IWU HOLDINGS LLC 4201 S WASHINGTON ST MARION IN 46936 471041098 EDUCATION IN 3382800 4959610 IWU RON BLUE INST FOR FINANCIAL PLANNING 4201 S WASHINGTON ST MARION IN 46953 473753426 EDUCATION IN 833517 184358 IWU WESLEYAN RETIREMENT CENTER 4201 S WASHINGTON STREET MARION IN 46953 351449080 ELDER CARE IN 501(C)(3) 12A IWU true WESLEYAN CHURCH CORPORATION PO BOX 50434 INDIANAPOLIS IN 46250 351148762 RELIGIOUS ORG IN 501(C)(3) 1 NA false INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A NA false EXCELSIA INC 4200 SOUTH WASHINGTON STREET MARION IN 46953 813027493 SUPPORT IN 501(C)(3) 12A IWUH true CRT (3) CHAR. REM. TRUST IN NA false false true true false false false false false false false false false false false false false false false false WESLEYAN CHURCH CORPORATION C 1279520 CASH WESLEYAN RETIREMENT CENTER C 1042803 CASH