2016-11-07T11:42:30-06:00 2016-06-30 420714325 RSM US LLP 201 FIRST ST SE SUITE 800 CEDAR RAPIDS IA 52401 990 2015-07-01 420730347 DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER DESM 5152711585 3200 GRAND AVENUE DES MOINES IA 503124198 MARK J PEIFFER CFO 5152711585 2016-11-04 1 CARLEY UMSTEAD P00982177 3192985333 2015 2017-02-10 21:41:12Z DES MOINES UNIVERSITY ANGELA L WALKER FRANKLIN 3200 GRAND AVENUE DES MOINES IA 503124198 108349389 0 X WWW.DMU.EDU X 1898 IA TO IMPROVE LIVES IN OUR GLOBAL COMMUNITY BY EDUCATING DIVERSE GROUPS OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH PROFESSIONALS. 21 19 1229 991 12671 8787 1869086 2485761 57665633 59578861 4237338 9545318 714060 705285 64486117 72315225 3207718 3060716 0 0 34722498 36659052 33141 147961 882728 19661795 19890878 57625152 59758607 6860965 12556618 187379680 188744653 43725941 45422367 143653739 143322286 X TO IMPROVE LIVES IN OUR GLOBAL COMMUNITY BY EDUCATING DIVERSE GROUPS OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH PROFESSIONALS. 0 0 37476801 3060716 55640008 THE UNIVERSITY PROVIDED HEALTH SCIENCE EDUCATION SERVICES TO AN ENROLLMENT OF 1,603 STUDENTS DURING THE FISCAL YEAR ENDED 6/30/16. THE UNIVERSITY COMPRISES THREE COLLEGES OFFERING EIGHT GRADUATE DEGREE PROGRAMS AND ADDITIONAL EDUCATION OPPORTUNITIES WHICH ALL SHARE A COLLECTIVE STRENGTH, WHICH IS A COLLABORATIVE CAMPUS COMMUNITY WHERE STUDENTS AND FACULTY COME TOGETHER IN THE PURSUIT OF KNOWLEDGE. THE PROGRAMS SHARE A SINGULAR MISSION, WHICH IS TO DEVELOP DISTINCTIVE HEALTH PROFESSIONALS COMMITTED TO HEALTH PROMOTION, THE DISCOVERY OF KNOWLEDGE AND SERVICE TO THE COMMUNITY. THE UNIVERSITY PROVIDES STUDENTS WITH THE KNOWLEDGE AND SKILLS NEEDED TO BECOME HEALTH CARE PROFESSIONALS DEDICATED TO MAINTAINING AND RESTORING THE HEALTH OF THEIR PATIENTS. CLASSROOM INSTRUCTION AND CLINICAL TRAINING, WHICH IS ORGANIZED ON A NATIONAL LEVEL AND AT THE UNIVERSITY'S CLINIC, ARE PRESENTED IN AN ATMOSPHERE WHERE HUMANITARIAN CONCERNS, SCHOLARLY ACTIVITY AND HEALTH CARE DELIVERY SUPPORT THE PRIMARY PURPOSE OF TEACHING AND LEARNING. 6089047 0 4515264 THE UNIVERSITY HOUSES A MULTI-SPECIALTY MEDICAL CLINIC PROVIDING BOTH CLINICAL TRAINING FOR STUDENTS AND HIGH QUALITY, COST EFFICIENT PATIENT CARE. THE MULTI-SPECIALTY FACULTY GROUP CONSISTING OF 33 PHYSICIANS AND NON-PHYSICIAN PROFESSIONAL PROVIDERS PERFORMED SERVICES FOR MORE THAN 41,000 PATIENT VISITS ACROSS 5 SPECIALTIES. CLINIC STAFF AND PROVIDERS WORK AT COMMUNITY WELLNESS PROGRAMS AND HEALTH FAIRS SUCH AS PROVIDING SCHOOL PHYSICALS AND VACCINATIONS FREE OF CHARGE TO UNDERSERVED POPULATIONS. THE UNIVERSITY'S CLINIC HAS RECENTLY ENGAGED IN SERVING THE GROWING IMMIGRANT AND REFUGEE POPULATION. IN THE LAST FISCAL YEAR THE UNIVERSITY'S CLINIC PROVIDED APPROXIMATELY 1,300 PATIENT APPOINTMENTS FOR PATIENTS WITH LIMITED OR NO ENGLISH SPEAKING PROFICIENCY, INCLUDING OVER 1,000 REFUGEE PHYSICALS AND FOLLOW UP APPOINTMENTS. THE UNIVERSITY'S CLINIC PROVIDES FREE OR DISCOUNTED HEALTH CARE TO ELIGIBLE PATIENTS THROUGH ITS FINANCIAL ASSISTANCE POLICY, PROVIDES RENT-FREE SPACE TO THE SENIOR HEALTH INSURANCE PROGRAM (SHIP) THROUGH WHICH APPROXIMATELY 500 SENIORS WERE SERVED, AND ALSO SERVES MEDICARE AND MEDICAID PATIENTS TO BENEFIT THE COMMUNITY IT SERVES. THE UNIVERSITY ACTS AS A LOCAL, STATE AND NATIONAL SOURCE FOR PRIMARY CARE PHYSICIANS AND ASSOCIATED HEALTH CARE PROVIDERS. 43565848 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 2065 0 1 1229 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL KY MA MD MI NH NV NY OK OR SC WI X ELIZABETH A BROSNAHAN 5152711585 3200 GRAND AVENUE DES MOINES IA 503124198 ARTHUR E ANGOVE DO TRUSTEE 2.00 0.00 X 0 0 0 LARRY J BAKER DO TRUSTEE 2.00 0.00 X 0 0 0 BARRY BRAVER DO TRUSTEE 2.00 0.00 X 0 0 0 GILBERT S BUCHOLZ DO TRUSTEE 2.00 0.00 X 0 0 0 ELLEN E CHAFFEE PHD TRUSTEE 2.00 0.00 X 0 0 0 ERIC T CROWELL TRUSTEE 2.00 0.00 X 0 0 0 BERNARD M FELDMAN DO TRUSTEE 2.00 0.00 X 0 0 0 JAMES A GREKIN DO TRUSTEE 2.00 0.00 X 0 0 0 MARCIA L HAMMERS TRUSTEE 2.00 0.00 X 0 0 0 C RENEE HARDMAN TRUSTEE 2.00 0.00 X 0 0 0 W HAL HATCHETT DPM TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL J HELAK TRUSTEE 2.00 0.00 X 0 0 0 VICTORIA L HERRING JD TRUSTEE 2.00 0.00 X 0 0 0 DANIEL J MURRAY TRUSTEE 2.00 0.00 X 0 0 0 NICKI NIGRO DPM TRUSTEE 2.00 0.00 X 0 0 0 ROBERT P RITZ TRUSTEE 2.00 0.00 X 0 0 0 STANLEY E SKOPIT DO TRUSTEE 2.00 0.00 X 0 0 0 C ARTHUR WITTMACK TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN M MORAIN JD CHAIR 2.00 0.00 X X 0 0 0 MICHAEL C WITTE DO VICE CHAIR 2.00 0.00 X X 0 0 0 MARY A RADIA DO SECRETARY,GUEST LECTURER 2.00 0.00 X X 1200 0 0 JAY CHRISTENSEN TREASURER,GUEST LECTURER 2.00 0.00 X X 300 0 0 ANGELA L WALKER FRANKLIN PHD PRESIDENT, CEO 40.00 0.00 X 523750 0 69459 KAREN MCLEAN PHD PROVOST 40.00 0.00 X 307583 0 42009 MARK J PEIFFER CFO 40.00 1.00 X 255949 0 20856 JAMES POLK DO DEAN 40.00 1.00 X 344329 0 37959 JODI CAHALAN PHD DEAN 40.00 0.00 X 216250 0 41259 ROBERT YOHO DPM DEAN 40.00 0.00 X 246354 0 33606 BRET RIPLEY DO INTERIM DEAN 40.00 0.00 X 268683 0 25202 GEORGE CLAVENNA DO FACULTY 40.00 0.00 X 343926 0 34956 JOSE FIGUEROA CASANOVA DO FACULTY 40.00 0.00 X 243380 0 16575 GEORGE B KLOCK DO FACULTY 40.00 0.00 X 270156 0 31838 YOGESH SHAH MD FACULTY 40.00 0.00 X 230535 0 40690 ADRIAN WOOLLEY DO FACULTY 40.00 0.00 X 230465 0 32406 DAVID PLUNDO DO ASSOCIATE DEAN 0.00 0.00 X 137370 0 14247 3620230 0 441062 68 1 1 0 SEI INVESTMENTS ONE FREEDOM VALLEY DRIVE OAKS PA 19456 INVESTMENT MANAGEMENT 670262 ARAMARK 825 SW IRVINEDALE DR ANKENY IA 50023 FOOD SERVICE 443917 ENCORE ONE LLC 1717 UNIVERSITY AVENUE WEST ST PAUL MN 55104 CLEANING SERVICE 422570 IOWA PHYSICIANS CLINIC MEDICAL FOUNDATIO 8101 BIRCHWOOD CT STE N JOHNSTON IA 50131 BILLING SERVICES 403567 GTG CONSTRUCTION LLC 5637 RITTGERS COURT JOHNSTON IA 50131 GENERAL CONTRACTOR 344245 20 349233 523422 1613106 2485761 TUITION & FEES 611710 55063597 55063597 PATIENT CARE 621110 4515264 4515264 59578861 2672923 12671 2660252 491 491 219812 71645 148167 148167 148167 42786111 35913716 6872395 6872395 6872395 29510 349233 48803 -19293 -19293 REBATE INCOME 900099 138217 138217 CONFERENCE INCOME 900099 135638 135638 LEASED EMPLOYEES 541900 105037 105037 197028 197028 575920 72315225 60155272 12671 9661521 50000 50000 3010716 3010716 2299323 1066258 1233065 26867267 21445683 4982136 439448 1980934 1577606 366353 36975 3597507 2593588 952121 51798 1914021 1479184 402991 31846 81212 81212 92022 92022 40000 40000 147961 147961 724074 724074 2373925 673438 1699483 1004 386747 386747 1561485 1160502 381197 19786 2250482 469883 1780599 2216089 2125533 90556 445657 310806 91033 43818 135930 37445 46388 52097 865907 652878 213029 2968932 1971279 997653 476887 80638 396249 AFFIL. CLINICAL PROGRAM 2035896 2035896 LIBRARY BOOKS & SUBSCRI 1107585 1107585 STUDENT EVENTS/ACTIVITI 450365 450365 UNRELATED BUS INC TAX 726 726 1676957 1226565 392397 57995 59758607 43565848 15310031 882728 1475 1475 11260549 13718898 359442 563688 509391 631437 5780293 5716155 1305860 1767957 81987440 43690426 37894270 38297014 95932211 94868042 29651681 28875340 4684508 4304647 187379680 188744653 3511150 3927561 5907282 6010515 2175556 3731823 27580000 26333486 570247 194010 3981706 5224972 43725941 45422367 X 127959235 127583869 7112151 7045197 8582353 8693220 143653739 143322286 187379680 188744653 X 12556618 -11601165 -1286906 X 0 1 X 1 1 1 X 1699169 1221159 1774312 1869086 2485761 9049487 1699169 1221159 1774312 1869086 2485761 9049487 9049487 1966401 2833328 2644241 2613464 2880064 12937498 3233 5371 1411 6935 12671 29621 22016606 283746941 0.41110 0.40730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 0 0 0 1 47033 1 0 0 47033 0 PART II-B, LINE 1: CERTAIN MEMBERS OF THE BOARD OF TRUSTEES, UNIVERSITY PERSONNEL, STUDENTS AND FRIENDS OF THE UNIVERSITY ATTEND VARIOUS ACTIVITIES WITH LEGISLATORS THROUGHOUT THE YEAR INCLUDING BOTH LOCAL/STATE AND NATIONAL EVENTS. THE OVERSIGHT OF THE UNIVERSITY'S LOBBYING ACTIVITIES ARE PRIMARILY THROUGH THE UNIVERSITY'S CHIEF EXTERNAL AND GOVERNMENTAL AFFAIRS (CEGA) OFFICER TO REPRESENT THE UNIVERSITY FOR STATE AND FEDERAL ISSUES AND DETERMINE THE POSITION OF THE UNIVERSITY WITH INPUT FROM SENIOR LEADERSHIP ON THE LEGISTLATIVE AGENDA. THE CEGA ALSO RESPONDS TO THE POSITION OF THE UNIVERSITY ON SPECIFIC TECHNICAL BILLS AND LEGISLATIVE ITEMS. THE UNIVERSITY HAS UTILIZED EXTERNAL LOBBYISTS FOR ITS WORK WITH THE IOWA GENERAL ASSEMBLY AND STATE GOVERNMENT IN PROVIDING DIRECTION, MONITORING AND ANALYSIS OF BILLS BEING INTRODUCED AT THE STATE OF IOWA LEGISLATURE. SUCH COUNSEL HAS PROVIDED GUIDANCE ON THE STATUS OF APPROPRIATIONS FOR EXISTING STATE OF IOWA LEGISLATION WHICH PROVIDES FINANCIAL SUPPORT TO UNIVERSITY STUDENTS. IN ADDITION, COUNSEL HAS BEEN PROVIDED ON PROPOSED LEGISLATION WHICH WOULD EXPAND SUCH FINANCIAL SUPPORT FOR STUDENTS. LOBBYING EXPENSES ALSO INCLUDE $4,677 OF EXECUTIVE MANAGEMENT STAFF AND TRAVEL EXPENSES TO WASHINGTON D.C. TO DISCUSS UNIVERSITY FUNDING OPPORTUNITIES AND LOBBYING ACTIVITIES RELATING TO CERTAIN FEDERAL REGULATIONS IMPACTING THE UNIVERSITY AND OTHER EDUCATIONAL INSTITUTIONS IN ADDITION TO $2,356 IN EXECUTIVE STAFF AND OTHER EXPENSES TO DISCUSS THE UNIVERSITY'S LEGISLATIVE AGENDA WITH STATE LEGISLATORS. 0 1 X 75118707 1427770 -2112047 878820 5499181 724074 67332355 77142955 1152183 2744120 608072 4599013 713466 75118707 67612036 865124 14399129 730912 4459329 543093 77142955 59933917 763676 12306956 600466 4274745 517302 67612036 63995901 1021308 699486 1078219 4292452 412107 59933917 0.77000 0.13000 0.10000 1 0 3523595 3523595 60436697 32529945 27906752 14995304 9005098 5990206 3031844 2155383 876461 38297014 200000 F SEI OFFSHORE OPPORTUNITY 5808830 F SEI STRUCTURED CREDIT 547088 F SEI GLOBAL PRIVATE EQUITY 3226636 F SEI GPA PRIVATE EQUITY 1670024 F SEI SPECIAL SITUATIONS 8365736 F SEI CORE PROPERTY 4610101 F SEI ENERGY DEBT 4446925 F 28875340 INTEREST RATE SWAP LIABILITY 5224972 5224972 X 56757913 -11601165 6775 -1243266 -12837656 69595569 2719656 2719656 72315225 57089366 6775 120449 127224 56962142 2796465 2796465 59758607 PART IV, LINE 2B: FUNDS HELD IN ESCROW FOR FUTURE TUITION PAYMENTS TOTAL $96,763. DEPOSITS HELD IN CUSTODY FOR STUDENT ORGANIZATIONS TOTAL $94,647. RENT DEPOSITS HELD IN CUSTODY TOTAL $2,600. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS FOR STUDENTS, ESTABLISH RESEARCH FUNDS FOR FACULTY, AND SUPPORT PROGRAMS AND FACILITIES. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS TAXABLE INCOME (UBIT) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBIT. AS OF JUNE 30, 2016 AND 2015, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON BOND INTEREST RATE SWAP -1,243,266. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -71,645. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -48,804. SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDITED F/S 2,840,105. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED F/S 71,645. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED F/S 48,804. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDITED F/S 2,840,105. LOSSES ON UNCOLLECTIBLE PLEDGES REPORTED AS EXPENSE ON AUDITED F/S -43,640. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY IS NOT REQUIRED TO PUBLICIZE THE RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.03-2(B) OF REV. PROC. 75-50 APPLIES. THE NONDISCRIMINATORY POLICY IS INCLUDED IN ALL PRINTED ADMISSIONS PUBLICATIONS. DATA IS AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 GOVERNMENT ASSISTANCE RECEIVED INCLUDES AMOUNTS FROM THE US DEPARTMENT OF EDUCATION AND THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES. US DEPARTMENT OF EDUCATION PROGRAMS PROVIDING FUNDS INCLUDE THE FEDERAL DIRECT LOAN PROGRAM, THE FEDERAL PERKINS LOAN PROGRAM AND FEDERAL WORK STUDY PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 14174565 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDENT AND FACULTY TRAVEL - GLOBAL HEALTH PROGRAM SERVICES 33396 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDENT AND FACULTY TRAVEL - GLOBAL HEALTH PROGRAM SERVICES 13847 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES FACULTY TRAVEL - GLOBAL HEALTH PROGRAM SERVICES 9703 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT AND FACULTY TRAVEL - GLOBAL HEALTH PROGRAM SERVICES 3773 SOUTH ASIA 0 0 PROGRAM SERVICES FACULTY TRAVEL - GLOBAL HEALTH PROGRAM SERVICES 3586 0 0 0 0 0 0 14238870 0 14238870 1 0 0 1 1 0 X X X X X X X 1 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW PO BOX 301 CEDAR RAPIDS IA 52404 TELE-FUNDRAISING 0 152454 43403 109051 JEROLD PANAS LINZY & PARTNERS INC 500 NORTH MICHIGAN AVE CHICAGO IL 60611 FEASIBILITY AND DEVELOPMENTAL ANALYSIS 0 0 104558 -104558 152454 147961 4493 AK AL AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV SCHOL DINNER 371845 347225 24620 2735 29417 10941 RUN DMU 6088 1313 4775 5710 0 377933 348538 29395 2735 29417 16651 48803 -19408 1 HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK 3200 GRAND AVENUE DES MOINES IA 50312 272911834 501(C)(3) 50000 GENERAL SUPPORT 1 0 SCHOLARSHIP AND TUITION DISCOUNTS FOR STUDENTS 341 2840105 FEDERAL WORK STUDY PROGRAM 65 170611 PART I, LINE 2: THE UNIVERSITY ATTEMPTS TO MAKE ADEQUATE FINANCIAL ASSISTANCE AVAILABLE TO STUDENTS WITHIN THE LIMITS OF EACH STUDENT BUDGET AND THE AVAILABILITY OF FUNDS. AWARDS ARE BASED ON ACADEMIC ACHIEVEMENT, PROFESSIONAL PROMISE, LEADERSHIP POTENTIAL, FINANCIAL NEED AND/OR SPECIFIC GUIDELINES ESTABLISHED BY DONORS. FINANCIAL NEED IS DETERMINED ON THE BASIS OF INFORMATION PROVIDED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ADDITIONALLY, THE UNIVERSITY MAKES AVAILABLE FEDERAL WORK STUDY FUNDS TO STUDENTS IN WHICH ELIGIBLE AWARD AMOUNTS ARE ALSO BASED ON FINANCIAL NEED INFORMATION PROVIDED WITHIN THE FAFSA. WORK STUDY EXPENDED AND AVAILABLE FUNDS ARE TRACKED AND REVIEWED THROUGHOUT THE YEAR. THE UNIVERSITY ALSO ASSISTED BY PROVIDING FUNDS FOR GENERAL OPERATIONAL SUPPORT TO THE HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK, A CHARITABLE ORGANIZATION ESTABLISHED TO PROMOTE AND SUPPORT COLLABORATION OF MEMBER MEDICAL AND EDUCATION INSTITUTIONS IN EDUCATION AND TRAINING FOR MEDICAL STUDENTS,INTERNS AND RESIDENTS. X X 0 1 X X X 0 1 0 0 0 0 0 0 0 ANGELA L WALKER FRANKLIN PHD PRESIDENT, CEO 507001 0 75 0 16674 0 47750 0 21709 0 593209 0 0 0 KAREN MCLEAN PHD PROVOST 287321 0 80 0 20182 0 17750 0 24259 0 349592 0 0 0 MARK J PEIFFER CFO 255699 0 250 0 0 0 17750 0 3106 0 276805 0 0 0 JAMES POLK DO DEAN 339214 0 5 0 5110 0 16250 0 21709 0 382288 0 0 0 JODI CAHALAN PHD DEAN 213001 0 250 0 2999 0 17750 0 23509 0 257509 0 0 0 ROBERT YOHO DPM DEAN 245111 0 5 0 1238 0 17750 0 15856 0 279960 0 0 0 BRET RIPLEY DO INTERIM DEAN 258461 0 10 0 10212 0 17750 0 7452 0 293885 0 0 0 GEORGE CLAVENNA DO FACULTY 320985 0 250 0 22691 0 17750 0 17206 0 378882 0 0 0 JOSE FIGUEROA CASANOVA DO FACULTY 242978 0 5 0 397 0 2917 0 13658 0 259955 0 0 0 GEORGE B KLOCK DO FACULTY 270146 0 10 0 0 0 17750 0 14088 0 301994 0 0 0 YOGESH SHAH MD FACULTY 222608 0 6690 0 1237 0 17750 0 22940 0 271225 0 0 0 ADRIAN WOOLLEY DO FACULTY 230063 0 5 0 397 0 17750 0 14656 0 262871 0 0 0 DAVID PLUNDO DO ASSOCIATE DEAN 128912 0 10 0 8448 0 9545 0 4702 0 151617 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS DUES TO THE EMBASSY CLUB WHICH PROVIDES ACCESS FOR THE PRESIDENT TO CONDUCT BUSINESS IN A SOCIAL SETTING ON BEHALF OF THE ORGANIZATION WITH PROSPECTS, DONORS, AND OTHER INDIVIDUALS. THE ORGANIZATION ALSO PAYS TRAVEL EXPENSES FOR THE PRESIDENT'S SPOUSE FOR TRAVEL TO CERTAIN UNIVERSITY EVENTS AND IS REFLECTED APPROPRIATELY ON THE PRESIDENT'S W-2. PART I, LINE 1B THE ORGANIZATION'S PAYMENT OF SOCIAL CLUB DUES AND SPOUSAL TRAVEL FOR THE PRESIDENT ARE INCLUDED IN THE PRESIDENT'S EMPLOYMENT CONTRACT WHICH WAS APPROVED BY THE BOARD OF TRUSTEES. MONTHLY INVOICES ARE REVIEWED BY THE CFO FOR BUSINESS PURPOSES. ANY PERSONAL ITEM IS REQUIRED TO BE PAID TO THE CLUB ON THE DATE OF THE TRANSACTION. PRESIDENT TRAVEL EXPENSES INCLUDING SPOUSAL TRAVEL IS ALSO REVIEWED BY THE CFO. PART I, LINE 4B THE ORGANIZATION MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE PLAN PROVIDES FOR THE ORGANIZATION TO MAKE DISCRETIONARY CONTRIBUTIONS FOR ELIGIBLE EMPLOYEES. DISCRETIONARY CONTRIBUTIONS DURING THE YEAR TOTALED $30,000 FOR ANGELA L WALKER FRANKLIN, PRESIDENT & CEO. THERE WERE NO DISRIBUTIONS FROM THIS PLAN DURING THE YEAR. A IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460RF5 2003-06-25 22700000 CONSTRUCT AND FURNISH EDUCATION CENTER 0 0 0 B IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460SL1 2004-06-02 13785000 REFUNDED PRIOR ISSUE (05/10/95) 0 0 0 A 3660000 23083276 241704 83035 22058537 700000 2005 0 0 1 1 B 6245000 14132740 156560 24693 224550 13726938 2004 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 1 1 B 0 0 0 1 1 0 0 0 1 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/01/2007 ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2005 SCHEDULE K SUPPLENTAL INFORMATION PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART IV, LINE 2C NOTE REGARDING THE REBATE COMPUTATIONS: SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. FORM 990, PART I, LINE 6:VOLUNTEERS VOLUNTEERS ARE MADE UP OF BOARD MEMBERS, GUEST CLASSROOM LECTURERS, PRECEPTORS FOR CLINICAL ROTATIONS AND STUDENT VOLUNTEERS FOR COMMUNITY SERVICE ACTIVITIES. FORM 990, PART I, LINE 5:EMPLOYEES THE NUMBER OF INDIVIDUALS EMPLOYED DURING CALENDAR YEAR 2015 INCLUDES 153 GUEST LECTURERS AND 536 STUDENT TEACHING AND RESEARCH ASSISTANTS. FORM 990, PART VI, SECTION B, LINE 11 BEFORE FORM 990 IS FILED, AN ELECTRONIC COPY IS MADE AVAILABLE TO ALL BOARD MEMBERS ON THE BOARD OF TRUSTEES' PORTAL. THE AUDIT AND COMPLIANCE COMMITTEE MEETS TO REVIEW FORM 990 AND VOTES TO APPROVE FILING OF THE 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, ALL TRUSTEES, THE PRESIDENT, AND EXECUTIVE LEADERSHIP TEAM MEMBERS WITH THE UNIVERSITY MUST COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY, INCLUDING INITIAL DISCLOSURE AT THE BEGINNING OF THEIR SERVICE, AND DISCLOSE ANY NEW POTENTIAL CONFLICTS AS THEY DEVELOP. THE CHIEF COMPLIANCE OFFICER REVIEWS INITIAL AND ANNUAL DISCLOSURE STATEMENTS AND POTENTIAL CONFLICTS ARE REVIEWED ANNUALLY BY THE AUDIT AND COMPLIANCE COMMITTEE. THE POLICY IS ADMINISTERED BY THE CHAIR OF THE BOARD FOR THE BOARD OF TRUSTEES AND THE PRESIDENT. THE POLICY IS ADMINISTERED BY THE CHIEF COMPLIANCE OFFICER FOR EXECUTIVE LEADERSHIP TEAM MEMBERS. ADDITIONALLY, THE UNIVERSITY'S EXTERNAL AUDIT FIRM REVIEWS THE DISCLOSURE STATEMENTS AS PART OF THEIR ANNUAL AUDIT AND REPORTS FINDINGS TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. A CONFLICT OF INTEREST EXISTS (1) WHEN AN INDIVIDUAL OBTAINS OR APPEARS TO OBTAIN AN IMPROPER GAIN OR ADVANTAGE AS A RESULT OF HIS/HER ACTIVITIES ON BEHALF OF THE UNIVERSITY, (2) WHEN HIS/HER ACTIVITIES ADVANCE OR APPEAR TO ADVANCE HIS/HER OWN INTERESTS OR THOSE OF ANOTHER RATHER THAN THE INTERESTS OF THE UNIVERSITY, OR (3) WHEN HIS/HER ACTIONS ADVERSELY AFFECT OR APPEAR TO ADVERSELY AFFECT THE BEST INTERESTS OF THE UNIVERSITY. INDIVIDUALS SHALL NOT PARTICIPATE IN DISCUSSIONS, VOTES, OR OTHER REPRESENTATIONS ON PREVIOUSLY DISCLOSED OR NEWLY DEVELOPED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A METHOD AND PROCESS WHICH INCLUDES GATHERING COMPARATIVE DATA FROM EXTERNAL SOURCES FOR RATING POSITIONS AND DETERMINING COMPENSATION. SALARY RANGES HAVE BEEN ESTABLISHED FOR ALL UNIVERSITY POSITIONS BASED ON MARKET VALUE. IN INSTANCES WHERE SUFFICIENT COMPARATIVE DATA IS NOT AVAILABLE, THE ORGANIZATION UTILIZES MEMBERSHIP IN AN EMPLOYER'S ASSOCIATION WHICH PROVIDES HUMAN RESOURCES SERVICES IN SEVERAL AREAS INCLUDING HR CONSULTING, COMPENSATION, AND COMPLIANCE. THE EXECUTIVE COMMITTEE REVIEWS SALARIES AND RANGES OF EXECUTIVE LEADERSHIP TEAM MEMBERS IN MAY FOR SALARIES EFFECTIVE THE FOLLOWING JULY 1ST. THIS INCLUDES SALARIES FOR THE POSITIONS OF CHIEF FINANCIAL OFFICER, PROVOST, DEANS, VICE PRESIDENTS, CHIEF INFORMATION OFFICER, CHIEF COMPLIANCE OFFICER, CHIEF DEVELOPMENT OFFICER, CHIEF EXTERNAL AND GOVERNMENTAL AFFAIRS OFFICER AND CHIEF HUMAN RESOURCES OFFICER. FOR THE UNIVERSITY PRESIDENT/CEO, THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND EVALUATES THE PRESIDENT'S CONTRACT AND ASSOCIATED SALARY BASED UPON COMPARABLE DATA AND ESTABLISHED RANGES. THE PERFORMANCE EVALUATION IS AN IMPORTANT COMPONENT OF THE EVALUATION PROCESS. THE BOARD OF TRUSTEES APPROVES PRESIDENT'S CONTRACT AND SALARY BASED UPON COMPARABLE DATA AND PRESIDENT'S PERFORMANCE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 AUDIT REPORT IS MADE AVAILABLE ONLINE THROUGH THE MUNICIPAL SECURITIES RULEMAKING BOARD WEBSITE FOR ELECTRONIC MUNICIPAL MARKET ACCESS. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON BOND INTEREST RATE SWAP -1,243,266. LOSSES ON UNCOLLECTIBLE PLEDGES -43,640. HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK 3200 GRAND AVENUE DES MOINES IA 50312 272911834 EDUCATION AND TRAINING FOR MEDICAL STUDENTS, INTERNS AND RESIDENTS IA 501(C)(3) LINE 11A, I DES MOINES UNIVERSITY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK B 50000 GAAP HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK Q 108445 GAAP