2016-06-14T15:00:18-05:00 2015-07-31 350921680 CROWE HORWATH LLP 10 West Broad Street Suite 1700 Columbus OH 432153713 990 2014-08-01 344431169 The University of Findlay UNIV 4194344524 1000 North Main Street Findlay OH 45840 Katherine R Fell President 2016-06-06 true RACHEL SPURLOCK P00520729 6144690001 2014 2016-08-17 19:52:53Z AR Charnes 1000 North Main Street Findlay OH 45840 143600029 false X www.findlay.edu X 1882 OH The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. 31 28 2177 377 -11480 -11480 10143233 10726365 114484108 123924586 3831410 1858645 1377216 1755388 129835967 138264984 43171153 45857576 0 0 47395997 51492267 0 0 1152833 31644176 34522758 122211326 131872601 7624641 6392383 177377891 178887861 49354858 44494891 128023033 134392970 The mission of The University of Findlay is to equip our students for meaningful lives and productive careers. false false 90059715 45646326 83787452 UNIVERSITY OF FINDLAY IS A COMPREHENSIVE, PRIVATE UNIVERSITY THAT OFFERS BOTH UNDERGRADUATE AND GRADUATE STUDIES AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. UNIVERSITY OF FINDLAY OFFERS MORE THAN 60 AREAS OF UNDERGRADUATE STUDY AND HAS A CURRENT UNDERGRADUATE ENROLLMENT OF NEARLY 2,766 STUDENTS. SOME OF THE MORE POPULAR UNDERGRADUATE PROGRAMS INCLUDE: BUSINESS (440 STUDENTS), EDUCATION (145 STUDENTS), HEALTH PROFESSIONS (578 STUDENTS), PHARMACY (237 STUDENTS), LIBERAL ARTS (252 STUDENTS), NATURAL SCIENCE (910 STUDENTS) AND OTHER (204 STUDENTS). MANY OF THE UNIVERSITY'S PROGRAMS HAVE A NATIONAL REPUTATION INCLUDING PRE-VETERINARY MEDICINE AND EQUESTRIAN STUDIES. 15354361 211250 23274246 UNIVERSITY OF FINDLAY OFFERS A VARIETY OF GRADUATE PROGRAMS INCLUDING: MASTERS OF BUSINESS (289 STUDENTS), EDUCATION (301 STUDENTS), HEALTH PROFESSIONS SUCH AS PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND ATHLETIC TRAINING (315 STUDENTS), PHARMACY (132 STUDENTS), LIBERAL STUDIES (67 STUDENTS) AND SCIENCE (96 STUDENTS). TOTAL GRADUATE STUDENTS CURRENTLY ENROLLED ARE MORE THAN 1200. 13122868 0 18594348 UNIVERSITY OF FINDLAY HAS MANY AUXILIARY DEPARTMENTS THAT PROVIDE SERVICES TO THEIR STUDENTS, THESE AUXILIARY DEPARTMENTS INCLUDE DORMITORIES FOR STUDENT LIVING, DINING HALLS, ATHLETIC DEPARTMENTS, CAMPUS STORES FOR STUDENTS AND THE UNIVERSITY'S ON-CAMPUS VETERINARY CLINIC. 118536944 true true false true false false false true true true true true false false true true true false true false true false false false true false false false true true true false false false false false false true false true false true true false false false true false false false true 6400 0 true 2177 true true true false false false false true true true 1 false false false X 31 28 true false false false false false false true true false false true true true true true true true false false AK CO KY MD MA MI NH OH OK OR SC WA MO NY X Dane Erford 4194344524 1000 N MAIN ST FINDLAY OH 45840 AR CHARNES CHAIR 1.00 X X 0 0 0 BRIAN YOUNG VICE CHAIR 1.00 X X 0 0 0 CRAIG A CROTTEAU TRUSTEE 1.00 X 0 0 0 MICHAEL HARRINGTON TRUSTEE 1.00 X 0 0 0 KOLLEEN KIRK TRUSTEE 1.00 X 0 0 0 EDWARD J URBANIAK TRUSTEE (Partial Year) 1.00 X 0 0 0 WILLIAM H REIST TRUSTEE 1.00 X 0 0 0 CLIFFORD C COOK TRUSTEE 1.00 X 0 0 0 JOHN HAYWOOD TRUSTEE 1.00 X 0 0 0 BRIAN WASHINGTON TRUSTEE 1.00 X 0 0 0 JEREMY PEMBERTON TRUSTEE (Partial Year) 1.00 X 0 0 0 DON MANLEY TRUSTEE 1.00 X 0 0 0 WILLIAM E RUSE TRUSTEE/ADJUNCT FACULTY MEMBER 1.00 X 4400 0 0 GEORGE M SHOWERS TRUSTEE 1.00 X 0 0 0 DENNIS E BISHOP TRUSTEE 1.00 X 0 0 0 JAMES C KOEHLER II TRUSTEE 1.00 X 0 0 0 TIM H NESLER TRUSTEE 1.00 X 0 0 0 PASTOR EDWARD L ROSENBERRY TRUSTEE 1.00 X 0 0 0 MARK CASSIN TRUSTEE (Partial Year) 1.00 X 0 0 0 MARYRUTH LEHMAN TRUSTEE (Partial Year) 1.00 X 0 0 0 C PAUL PALMER IV TRUSTEE 1.00 X 0 0 0 CHRISTOPHER OSTRANDER TRUSTEE 1.00 X 0 0 0 JAMES M APPOLD TRUSTEE 1.00 X 0 0 0 PENNY MOSHER TRUSTEE (Partial Year) 1.00 X 0 0 0 KARL L HEMINGER TRUSTEE 1.00 X 0 0 0 MICHAEL OXLEY TRUSTEE 1.00 X 0 0 0 PAMELA KM BEALL TRUSTEE 1.00 X 0 0 0 MICHAEL WALKER TRUSTEE 1.00 X 0 0 0 MICHAEL GARDNER TRUSTEE 1.00 X 0 0 0 JO AN DAVIDSON TRUSTEE (Partial Year) 1.00 X 0 0 0 C RICHARD BECKETT TRUSTEE 1.00 X 0 0 0 LYNN R CHILD TRUSTEE 1.00 X 0 0 0 DWIGHT A MILLER TRUSTEE (Parital Year) 1.00 X 0 0 0 ROBERT A FRY TRUSTEE 1.00 X 0 0 0 Melissa Duflock Trustee 1.00 X 0 0 0 Sherri Garner Brumbaugh Trustee 1.00 X 0 0 0 Phil Kotokrax Trustee 1.00 X 0 0 0 Phil Scott Trustee 1.00 X 0 0 0 KATHERINE R FELL PRESIDENT 40.00 X 298169 0 86580 Marcia Sloan Latta VP University Advancement 40.00 X 182161 0 12832 MARTIN TERRY VICE PRESIDENT FOR BUSINESS AFFAIRS/TREASURER 40.00 X 166108 0 31777 Darin Fields VP Academic Affairs 40.00 X 155920 0 23197 REBECCA BUTLER VICE PRESIDENT FOR ENROLLMENT MANAGEMENT 40.00 X 140585 0 17383 DAVID EMSWELLER VICE PRESIDENT FOR STUDENT SERVICES 40.00 X 136845 0 34678 DANE ERFORD CONTROLLER/ASSISTANT TREASURER 40.00 X 100078 0 11784 SUE PIRSCHEL SECRETARY 19.00 X 15117 0 0 PAUL SEARS DEAN, COLLEGE OF BUSINESS 40.00 X 146770 0 31322 RANDALL VAN DYNE ASSISTANT VICE PRESIDENT/EXECUTIVE DIRECTOR OF THE ALL HAZARDS TRAINING CENTER 40.00 X 139401 0 29490 PATRICK MALONE ASSOCIATE DEAN OF PHARMACY 40.00 X 137352 0 25034 AHMED EL-ZAYATY FACULTY 40.00 X 132116 0 31304 RAYMOND MCCANDLESS CHIEF INFORMATION OFFICER 40.00 X 132074 0 30912 1887096 0 366293 51 false true true SODEXO 1000 N MAIN ST FINDLAY OH 45840 FOOD SERVICE 3556918 CSI CONSTRUCTION 13860 TWP HWY 42 CAREY OH 43316 CONSTRUCTION 819450 VAUGHN INDUSTRIES 1201 EAST FINDLAY ST CAREY OH 43316 CONSTRUCTION 758593 SPECIAL MAINTENANCE ROOFING LLC PO BOX 28 FINDLAY OH 45839 ROOFING 325173 CARTWRIGHT ELECTRIC LLC 6851 S TWP RD 54 TIFFIN OH 44883 ELECTRIC WORK 271424 19 X 92133 5683813 4950419 2067542 10726365 TUITION AND FEES 611710 107068546 107068546 DORMITORIES 721310 5926537 5926537 DINING HALLS 722210 4634867 4634867 MISCELLANEOUS AUXILLARY 611710 3298151 3291303 6848 CAMPUS STORE 451211 2354951 2354951 641534 641534 0 0 123924586 1252091 -18328 1270419 15088 15088 205911 196206 9705 0 9705 9705 5680625 4792669 281402 887956 -281402 606554 606554 57055 92133 64768 -7713 -7713 INTEREST ON STUDENT ACCOUNTS 990009 224437 224437 Dining Hall Rebate 722210 85877 85877 Career Ready Income 990009 164440 164440 1263554 1263554 0 0 1738308 138264984 125656046 -11480 1894053 45857576 45857576 0 0 1478257 1478257 178838 178838 38196891 31794483 5739920 662488 2191390 1812041 354336 25013 6746850 5349143 1305071 92636 2700041 2196108 458032 45901 198281 26626 171655 87450 87450 62487 62487 0 0 82931 82931 7718491 6758891 879404 80196 778737 729537 49166 34 5035961 4755193 194910 85858 534097 477613 55789 695 2627691 2627691 2272191 1975064 270654 26473 344815 247986 82194 14635 790286 790286 5025003 4959048 65955 581206 522456 55697 3053 Contract Food Service 2985170 2985170 PURCHASE FOR RESALE 1811767 1811767 Hospitality Expense 954638 571009 337901 45728 Equipment Leases 318591 130921 186370 1300 2312965 1979497 264645 68823 131872601 118536944 12182824 1152833 626836 259022 13757697 10857397 4966173 4536379 1540932 1731478 0 0 0 1500477 1470629 1441024 1539228 248426 184982 163547680 53880280 108408667 109667400 28339413 31077574 15162019 16129358 0 1386227 1434414 177377891 178887861 8019385 7854402 2035488 2447679 17446832 15076615 1126559 746442 0 17036838 15025250 3689756 3344503 49354858 44494891 X 82225957 90375836 20162480 18283703 25634596 25733431 128023033 134392970 177377891 178887861 X 6392383 -48823 26377 X false true X true true true X 11549194 12392055 15294265 10143233 9736687 59115434 11549194 12392055 15294265 10143233 9736687 59115434 5457824 53657610 2512268 1340785 1715432 1562732 1473090 8604307 0 9128 0 0 0 9128 41238 59770 50325 61747 57055 270135 67999004 576322004 0.7891 0.7904 X Schedule A, Part II 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. Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 41238.0, COLUMN B - 59770.0, COLUMN C - 50325.0, COLUMN D - 61747.0, COLUMN E - 57055.0, COLUMN F - 270135.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 62487 false false 62487 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE UNIVERSITY UTILIZED A CONSULTING FIRM TO ASSIST IT IN RECEIVING GRANTS THROUGH THE FEDERAL GOVERNMENT AND OTHER SOURCES. 365355 7734924 0 0 X X X X false false 0 0 0 0 true X 33979748 287433 1027700 1096463 34198418 29597664 2282028 3260423 1049999 110368 33979748 29866782 68955 -348439 -10366 29597664 25583213 1249302 4092777 965000 93510 29866782 26599812 1130644 -1343437 734707 69099 25583213 0.0 0.7399 0.2601 false false 8188578 8188578 110445197 31578212 78866985 22868829 16399061 6469768 22045076 5903007 16142069 109667400 HEDGE FUNDS OF FUNDS 9257280 PRIVATE EQUITY FUNDS 2724319 LIMTED PARTNERSHIP INTERESTS 2022767 REAL ESTATE FUNDS 2124992 16129358 FEDERAL PERKINS LOAN FUND 1700100 FUNDS HELD FOR AGENCY 3189 Funds Held in Trust 562996 TUITION AND ROOM ADVANCES 897454 INTEREST RATE SWAP 180764 3344503 X 92844407 -48823 287351 238528 92605879 82931 45576174 45659105 138264984 86474470 260974 260974 86213496 82931 45576174 45659105 131872601 Schedule D, Part III, Line 4 Collections of art - description of collections THE MAZZA MUSEUM IS DEDICATED TO COLLECTING, EXHIBITING AND PRESERVING ORIGINAL ART FROM CHILDREN'S PICTURE BOOKS. THE MUSEUM IS THE WORLD'S FIRST AND LARGEST TEACHING MUSEUM DEVOTED TO LITERACY AND THE ART OF CHILDREN'S PICTURE BOOKS. FOUNDED IN 1982, THE MUSEUM CONTAINS MORE THAN 9,000 ORIGINAL ARTWORKS. Schedule D, Part IV, Line 2b Explanation of escrow agreement The University invests funds for the benefit of Winebrenner Theological Seminary. Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE ENDOWMENT FUND IS FOR SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY HAS BEEN APPROVED UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3) AS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES ON ITS NORMAL ACTIVITIES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBES 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 JULY 31, 2015 OR 2014, RESPECTIVELY. 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 YEAR ENDED JULY 31, 2014 OR 2013, RESPECTIVELY. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. 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 Rental Expense - 196206 Fundraising Expense - 64768 Change in value of interest rate swap - 119505 Change in split interest agreements - -93128 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarship Expense - 45857576 Loss on disposal of property and equipment - -281402 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 196206 Fundraising Expense - 64768 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarship Expense - 45857576 Loss on disposal of property and equipment - -281402 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 CLEARLY DEFINED IN ALL UNIVERSITY LITERATURE Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE GREATER CINCINNATI OCCUPATIONAL HEALTH CENTER, NIEHS HAZARDOUS WASTE WORKER HEALTH AND SAFETY TRAINING. U.S. DEPARTMENT OF STATE: BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS GRANT DIVISION, PROFESSIONAL AND CULTURAL EXCHANGE PROGRAMS - CITIZEN EXCHANGES. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH EASTERN KENTUCKY UNIVERSITY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH OHIO DEPARTMENT OF PUBLIC SAFETY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION: PASSED THROUGH THE OHIO STATE UNIVERSITY RESEARCH FOUNDATION, RESEARCH AND DEVELOPMENT, EDUCATION AND TRAINING, AND ADVISORY SERVICES. Central America and the Caribbean 0 0 ,Investments 9901000 Central America and the Caribbean 0 60 ,Program Services RECRUITING/ACADEMICS 116537 East Asia and the Pacific 0 38 ,Program Services RECRUITING/ACADEMICS 70122 Europe (Including Iceland and Greenland) 0 25 ,Program Services RECRUITING/ACADEMICS 82953 Middle East and North Africa 0 1 ,Program Services RECRUITING/ACADEMICS 3784 North America (Canada & Mexico only) 0 6 ,Program Services RECRUITING/ACADEMICS 1862 South America 0 2 ,Program Services RECRUITING/ACADEMICS 9682 South Asia 0 2 ,Program Services RECRUITING/ACADEMICS 29674 Sub-Saharan Africa 0 1 ,Program Services RECRUITING/ACADEMICS 418 0 135 0 0 0 135 10216032 0 10216032 true false true true true false Oiler Golf Outing 149188 92133 57055 47388 8960 3839 4581 0 0 149188 92133 57055 47388 8960 3839 4581 64768 -7713 true ENDOWMENT SCHOLARSHIPS 907 793834 MEN'S ATHLETIC 228 2732065 WOMEN'S ATHLETIC 180 1987354 INTERNATIONAL SCHOLARSHIPS 501 1291430 OTHER SCHOLARSHIPS 3714 29585578 FEDERAL GRANTS 981 3275500 OHIO GRANTS 480 1286850 UF INSTITUTIONAL AWARD 1050 2585254 UF AWARD 272 2319711 Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds The financial aid office notifies students when our comprehensive endowment scholarship application goes live (first week of february). Once notified, students fill out an application to apply for the respective scholarship. If the scholarship is for a specific program, the dean or other faculty member for that program will review the applications and make recommendations to the financial aid office and who should receive the award. Financial aid verifies again if the student is still eligible for the award and issues the funds to the recommended students. The financial aid office monitors the use of the funds to ensure that they are used for their intended purpose. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The financial aid office notifies students when our comprehensive endowment scholarship application goes live (first week of february). Once notified, students fill out an application to apply for the respective scholarship. If the scholarship is for a specific program, the dean or other faculty member for that program will review the applications and make recommendations to the financial aid office and who should receive the award. Financial aid verifies again if the student is still eligible for the award and issues the funds to the recommended students. The financial aid office monitors the use of the funds to ensure that they are used for their intended purpose. X X X true true X X X X X false false false false false false false false false KATHERINE R FELL PRESIDENT 296539 0 0 0 1630 0 26000 0 60580 0 384749 0 0 0 Marcia Sloan Latta VP University Advancement 178628 0 0 0 3533 0 3090 0 9742 0 194993 0 0 0 MARTIN TERRY VICE PRESIDENT FOR BUSINESS AFFAIRS/TREASURER 161883 0 0 0 4225 0 16790 0 14987 0 197885 0 0 0 Darin Fields VP Academic Affairs 155673 0 0 0 247 0 6433 0 16764 0 179117 0 0 0 REBECCA BUTLER VICE PRESIDENT FOR ENROLLMENT MANAGEMENT 140288 0 0 0 297 0 6647 0 10736 0 157968 0 0 0 DAVID EMSWELLER VICE PRESIDENT FOR STUDENT SERVICES 136407 0 0 0 438 0 14533 0 20145 0 171523 0 0 0 PAUL SEARS DEAN, COLLEGE OF BUSINESS 145885 0 0 0 885 0 10860 0 20462 0 178092 0 0 0 RANDALL VAN DYNE ASSISTANT VICE PRESIDENT/EXECUTIVE DIRECTOR OF THE ALL HAZARDS TRAINING CENTER 139239 0 0 0 162 0 14522 0 14968 0 168891 0 0 0 PATRICK MALONE ASSOCIATE DEAN OF PHARMACY 136674 0 0 0 678 0 9991 0 15043 0 162386 0 0 0 AHMED EL-ZAYATY FACULTY 131231 0 0 0 885 0 10817 0 20487 0 163420 0 0 0 RAYMOND MCCANDLESS CHIEF INFORMATION OFFICER 131396 0 0 0 678 0 13524 0 17388 0 162986 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE PRESIDENT'S SPOUSE ACCOMPANIES HER ON EVENTS DEEMED TO BE A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY. AS SUCH, THESE ARE NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT Schedule J, Part I, Line 1a Housing allowance or residence for personal use The President is required to live on campus as a condition of employment. This benefit is considered nontaxable pursuant to IRC Section 119. An estimated value of the benefit was reported for the president in the amount of $41,400. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY PAYS FOR THE DUES AND HOSPITALITY EXPENSES RELATED TO THE UNIVERSITY AT THE FINDLAY COUNTRY CLUB FOR THE PRESIDENT, VP OF BUSINESS AFFAIRS, VP OF UNIVERSITY ADVANCEMENT, AND ATHLETIC DIRECTOR TO CULTIVATE POTENTIAL DONORS. NO PART OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AWQ1 2006-06-29 18260000 REFINANCE, RENOVATION, PROPERTY - SEE Part VI false false true A 8580000 0 18274731 0 0 0 275651 287663 0 7654731 10056686 0 2007 true false true true A false false false false 0.0 0.0 0.0 false false true A false false false true true false false false true A true Schedule K, Part I, Column (f) Description of Purpose THE UNIVERSITY OF FINDLAY (THE UNIVERSITY) WAS ONE OF FOUR INTERNAL REVENUE CODE SECTION 501(C)(3) EXEMPT EDUCATION ORGANIZATIONS THAT WERE THE BENEFICIARIES OF THE FOLLOWING COMMISSION POOLED FINANCING: $36,080,000 STATE OF OHIO HIGHER EDUCATIONAL FACILITY VARIABLE RATE REVENUE BONDS (POOLED FINANCING 2006 PROGRAM) SERIES A ISSUED JUNE 29, 2006 AS INDICATED IN COLUMN (E), $18,260,000 OF THE POOLED FINANCING BENEFITED THE UNIVERSITY. THE OTHER BENEFICIARIES OF THE POOLED FINANCING WERE THE OHIO COLLEGE OF PODIATRIC MEDICINE, URBANA UNIVERSITY AND WALSH UNIVERSITY. $10,056,686 OF THE POOLED FINANCING PROCEEDS BENEFITING THE UNIVERSITY WAS USED TO REFUND OHIO HIGHER EDUCATIONAL FACILITY COMMISSION REVENUE BONDS ISSUED NOVEMBER 1, 1996 FOR THE BENEFIT OF THE UNIVERSITY. THOSE BONDS WERE ISSUED TO FINANCE CAPITAL EXPENDITURES FOR THE ACQUISITION, CONSTRUCTION, RENOVATION, EQUIPPING AND FURNISHING OF VARIOUS EDUCATIONAL FACILITIES, CERTAIN COMPUTER AND EQUIPMENT SYSTEMS AND OTHER CAMPUS IMPROVEMENTS. THE BALANCE OF THE POOLED FINANCING PROCEEDS BENEFITING THE UNIVERSITY WAS USED FOR CAPITAL EXPENDITURES CONSISTING OF THE PURCHASE AND RENOVATION OF CLASSROOM FACILITIES AND OTHER REAL PROPERTY USED IN CONNECTION WITH VARIOUS DEGREE PROGRAMS. Schedule K, Part I, Column (e) Total Proceeds of Issue, Sch K, Part II, Line 3 The total proceeds of issue $18,274,731 less: interest income $14,731 is the difference between the issue price $18,260,000 and the total proceeds of issue. Schedule K, Part IV, Line 2c Rebate Calculation Issuer name: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION The calculation for computing no rebate due was performed on 09/11/2011 SEE STATEMENT 31693 SCHOLARSHIPS SEE STATEMENT 22766 SCHOLARSHIPS SEE STATEMENT 12500 SCHOLARSHIPS CHARLES NORRIS FAMILY MEMBER OF MARY LEHMAN, TRUSTEE 61706 COMPENSATION false KATHLEEN CRATES FAMILY MEMBER OF LYNN CHILD, TRUSTEE 88288 COMPENSATION false CINDY FRY FAMILY MEMBER OF ROBERT FRY, TRUSTEE 28844 COMPENSATION false ACI CONSTRUCTION ENTITY MORE THAN 35% OWNED BY FAMILY MEMBER OF KOLLEEN KIRK, TRUSTEE 116161 SERVICES false Schedule L, Part III, Column (a) NAME OF INTERESTED PERSON AND RELATIONSHIP COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS(A) AND (B) HAVE BEEN LEFT BLANK. X 13 365355 Other X 6023 Cost X 1 253367 Market value X LIVESTOCK-HORSES 26 1113440 Other X VARIOUS CONTRIBUTIONS 18 329357 Cost 19 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art: NUMBER OF CONTRIBUTIONS Books and publications: NUMBER OF CONTRIBUTIONS Other: NUMBER OF CONTRIBUTIONS Other: NUMBER OF CONTRIBUTIONS Securities - Publicly traded: Number of contributions Form 990, Part VI, Line 15b COMPENSATION PROCESS OF OTHER OFFICERS OR KEY EMPLOYEES THE COMPENSATION OF THE OFFICERS IS DETERMINED BY THE PRESIDENT. HOWEVER, THE PRESIDENT DOES NOT USE COMPARABILITY DATA. THIS PROCESS WAS LAST UNDERTAKEN IN 2009. Form 990, Part VI, Line 1a Delegate broad authority to a committee Article IV, Section 2: The Executive Committee shall exercise such powers as assigned to the Board of Trustees in emergency circumstances only, unless otherwise specifically assigned to the Board of Trustees in the Code of Regulations. The Committee shall provide general oversight and coordination appropriate to the duties of the Board itself, as needed, between meetings of the Board. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JAMES C. KOEHLER II AND DENNIS BISHOP - Business relationship, DON MANLEY AND MARTIN TERRY - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A final draft of the full Form 990, including all applicable schedules, was presented by our tax advisers to the audit committee. The presentation allows the committee and management to review and provide comments and explanations regarding changes to the redesigned form. The audit committee reviewed and approved the Form 990 on behalf of the entire governing body. This presentation was done on March 10,2016. The full governing body 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 Board members, officers and key employees are required to annually disclose any conflicts of interests they may have with the organization. The Vice President of Business Affairs reviews each policy statement signed by these individuals to determine if any conflicts have occurred and need to be brought to the attention of the Board. If a conflict arises, the respective board member will abstain from any related discussion, vote or similar action on the matter. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation committee has been given authority from the board to review and approve the compensation of the president and the treasurer (VP of Business Affairs) of the university. The compensation committee uses comparability data from higher education salary surveys, notable from the information published by College and University Professional Association for Human Resources (CUPA-HR). Once the compensation has been reviewed and approved the decision is documented within the compensation committee's minutes. The last review was performed in June 2015. 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 2f Other Program Service Revenue Athletics - Total Revenue: 18408, Related or Exempt Function Revenue: 18408, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Veterinary - Total Revenue: 623126, Related or Exempt Function Revenue: 623126, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous - Total Revenue: 1234654, Related or Exempt Function Revenue: 1234654, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Overseas Program - Total Revenue: 28900, Related or Exempt Function Revenue: 28900, 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 Change in Value of Interest Rate Swap - 119505; Change in split interest agreements - -93128; CHARITABLE REMAINDER TRUSTS (3) INVESTMENTS OH NA Trust MILLSIX COMPANY 1000 NORTH MAIN STREET FINDLAY OH 45840 341081146 REAL ESTATE RENTAL OH UNIVERSITY OF FINDLAY S Corporation -1762 42446 1 true false false false false false false false false false false true false false false false false false false false