2016-05-09T14:06:28-05:00 2015-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2014-07-01 350868202 WABASH COLLEGE % LARRY GRIFFITH WABA 7653616421 P O BOX 352 CRAWFORDSVILLE IN 47933 LARRY GRIFFITH TREASURER 7653616421 2016-05-16 true NICOLE B FISHBACK P01279475 3173834000 2014 2016-08-17 19:52:53Z GREGORY HESS PO BOX 352 CRAWFORDSVILLE IN 47933 152863745 false X WWW.WABASH.EDU X 1832 IN WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. 35 33 1259 34 1229914 15045945 20255245 36475068 38712853 23592596 12430978 237398 155764 75351007 71554840 17103337 18691770 0 0 25246154 26653494 7000 4300 1799864 23408429 23324916 65764920 68674480 9586087 2880360 526850200 520401226 77689584 63283376 449160616 457117850 WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY. false false 59905285 18691770 38803776 INSTRUCTION - INSTITUTIONS'S ACADEMIC INSTRUCTION PROGRAM. STUDENT SERVICES AND ATHLETICS - ACTIVITIES WHOSE PRIMARY GOAL IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AS WELL AS INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF CLASS. ACADEMIC SUPPORT AND LIBRARY - SUPPORT SERVICES FOR INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. INCLUDES LIBRARY AND COMPUTER SERVICES. 928 STUDENTS SERVED. 59905285 true true false false false false false true false true true true false false true false true false true false true true false false false false false true true true true false false false false false false true false false false true true false false false true false false false true 330 0 true 1259 true true true false false false false false false false false false X 35 33 true false false false true true false true true false false true true true true true true true true false IN X X LARRY GRIFFITH 7653616212 PO BOX 352 CRAWFORDSVILLE IN 47933 X GREGORY HESS PRESIDENT & TRUSTEE 50.0 0.0 X X 488234 0 55560 JAY R ALLEN TRUSTEE 1.0 0.0 X 0 0 0 JEREMIAH BIRD TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN BOWEN TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM BRADY TRUSTEE 1.0 0.0 X 0 0 0 DAVID BROECKER TRUSTEE 1.0 0.0 X 0 0 0 DAVID CALLECOD TRUSTEE 1.0 0.0 X 0 0 0 JAMES DAVLIN TRUSTEE 1.0 0.0 X 0 0 0 JOHN FOX JR TRUSTEE 1.0 0.0 X 0 0 0 ROBERT GRAND TRUSTEE 1.0 0.0 X 0 0 0 THEODORE HOLLAND TRUSTEE 1.0 0.0 X 0 0 0 DARYL JOHNSON TRUSTEE 1.0 0.0 X 0 0 0 RAY JOVANOVICH TRUSTEE 1.0 0.0 X 0 0 0 PETER KENNEDY III TRUSTEE 1.0 0.0 X 0 0 0 JAMES KILBANE TRUSTEE 1.0 0.0 X 0 0 0 RADE KLJAJIC TRUSTEE 1.0 0.0 X 0 0 0 FRANK KOLISEK TRUSTEE 1.0 0.0 X 0 0 0 DAVID LEWIS TRUSTEE 1.0 0.0 X 0 0 0 HARRY MCNAUGHT JR TRUSTEE 1.0 0.0 X 0 0 0 ALEX MILLER TRUSTEE 1.0 0.0 X 0 0 0 CORY OLSON TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY PERKINS TRUSTEE 1.0 0.0 X 0 0 0 KELLY PFLEDDERER TRUSTEE 1.0 0.0 X 0 0 0 GARY REAMEY TRUSTEE 1.0 0.0 X 0 0 0 FRED RUEBECK CHIEF INVESTMENT OFFICER 20.0 0.0 X 50000 0 0 JOHN SCHROEDER TRUSTEE 1.0 0.0 X 0 0 0 DAVID SHANE TRUSTEE 1.0 0.0 X 0 0 0 K DONALD SHELBOURNE TRUSTEE 1.0 0.0 X 0 0 0 WALTER SNODELL III TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH TURK TRUSTEE 1.0 0.0 X 0 0 0 THOMAS WALSH TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM WHEELER TRUSTEE 1.0 0.0 X 0 0 0 JAMES P WILLIAMS JR TRUSTEE 1.0 0.0 X 0 0 0 PETER WILSON TRUSTEE 1.0 0.0 X 0 0 0 PAUL WOOLLS TRUSTEE 1.0 0.0 X 0 0 0 GARY PHILLIPS DEAN OF COLLEGE (JAN-JUN) 50.0 0.0 X 174258 0 27386 LARRY GRIFFITH TREASURER AND CFO 50.0 0.0 X 176486 0 27608 STEVEN KLEIN DEAN OF ADMISSIONS 50.0 0.0 X 152019 0 25162 MICHAEL RATERS DEAN OF STUDENTS 50.0 0.0 X 117636 0 57697 JAMES AMIDON SECRETARY OF COLLEGE 50.0 0.0 X 123734 0 22333 SCOTT FELLER DEAN OF COLLEGE (JUL-DEC) 50.0 0.0 X 146412 0 24601 DWIGHT WATSON PROFESSOR OF THEATER (AUG-DEC) 50.0 0.0 X 116533 0 21613 CHARLES BLAICH DIRECTOR OF CILA & HEDS 50.0 0.0 X 139866 0 75997 RICHARD DALLINGER PROFESSOR OF CHEMISTRY 50.0 0.0 X 107996 0 20757 STEPHEN MORILLO HISTORY DEPT. CHAIR 50.0 0.0 X 109810 0 23041 NADINE PENCE ASSOC. FACULTY-RELIGION DEPT. 50.0 0.0 X 115752 0 18295 PATRICK WHITE FORMER PRESIDENT 0.0 0.0 X 273176 0 35960 2291912 0 436010 18 true true false SODEXO AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 CAMPUS SERVICES 3237938 HAGERMAN INC PO BOX 11848-1848 FORT WAYNE IN 46861 CONSTRUCTION 2837581 BON APPETIT DINING SERVICES POBOX 352 CRAWFORDSVILLE IN 47933 FOOD SERVICE 1684973 SHEPLEY BULFINCH RICHARDSON ABBOT 2 SEAPORT LANE BOSTON MA 02210 CONSTRUCTION 875335 STATE STREET BANK STATE STREET BANK BLDG BOSTON MA 02110 FINANCIAL SERVICES 679517 31 33190 20222055 546346 20255245 TUITION & FEES 611600 33507245 33507245 FRATERNITY LEASES 531110 1109150 1109150 STUDENT ROOM & BOARD 611710 2761107 2761107 ATHLETIC REVENUE 713940 1248195 1248195 OTHER INCOME 611710 87156 87156 38712853 8297492 1165073 7132419 0 0 0 0 0 84856720 80723234 4133486 4133486 4133486 0 0 741435 585671 155764 90923 64841 0 71554840 38803776 1229914 11265905 638028 638028 18033742 18033742 20000 20000 0 1669126 1380343 263407 25376 0 16730196 14143917 2359410 226869 3650803 3228048 117733 305022 3355423 2185092 926763 243568 1247946 1032037 93564 122345 0 143987 141379 2608 169691 169691 0 4300 4300 840298 840298 2583378 2227562 229218 126598 790571 360581 97184 332806 1390909 1314334 22242 54333 96392 95154 468 770 0 5733320 5014367 667451 51502 2161389 1908968 111379 141042 0 277664 273933 2925 806 113304 66667 46637 0 4272268 4122927 139731 9610 576976 192851 384125 STUDENT ROOM & BOARD 1709836 1687700 20421 1715 MEALS 574280 334138 95849 144293 BOOKS, PERIODICALS, AND MEDIA 548512 544860 1846 1806 OFF CAMPUS EXPENSES 520410 520410 821731 579626 237610 4495 68674480 59905285 6969331 1799864 4764 4574 19125071 18133573 16378451 12157283 469888 766891 0 0 0 0 0 0 0 0 355182 317816 177831226 66469636 107706450 111361590 191711761 194412702 158458716 150250387 7028699 7151135 0 0 25611218 25845275 526850200 520401226 4318674 5345871 0 0 0 0 39550400 37468800 0 0 0 0 3818000 3818000 0 0 30002510 16650705 77689584 63283376 X 229864676 233216379 97742404 101154924 121553536 122746547 449160616 457117850 526850200 520401226 X 2880360 -9258939 14335813 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 362448629 1439500 4823807 3598815 17428197 840299 346844625 339789723 3038561 40816593 3328416 16979239 888593 362448629 317968783 6774550 35218016 2840057 16486548 845021 339789723 331924878 5542318 269907 2740317 16075669 952334 317968783 287383239 4027977 57542864 2769877 13466711 792614 331924878 0.52700 0.47100 0.00200 false false 9992166 9992166 143778310 51323953 92454357 18632264 15145683 3486581 5428486 5428486 111361590 ALTERNATIVE INVESTMENTS 150250387 F 150250387 0 POST-RETIREMENT BENEFIT OBLIG. 9898007 SWAP TERMINATION 2020564 ANNUITIES AND TRUSTS PAYABLE 4732134 16650705 43830277 -9258939 585671 -8673268 52503545 840298 18210997 19051295 71554840 50208856 585671 585671 49623185 840298 18210997 19051295 68674480 SCHEDULE D, PART III, LINE 1A FOOTNOTES TO FINANCIAL STATEMENTS: THE COLLEGE'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE'S COLLECTIONS CONSIST PRIMARILY OF BOOKS, ARTWORK AND SCIENTIFIC ARTIFACTS. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE DISPOSITION OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. SCHEDULE D, PART III, LINE 4 FUTHERANCE OF EXEMPT PURPOSE: EDUCATION WABASH COLLEGE EMPLOYS THE ART COLLECTION IN CONNECTION WITH THE INSTRUCTION OF ART AND ART HISTORY COURSES. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS: ENDOWED FUNDS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SCHOLARSHIPS FOR STUDENTS, FUNDS FOR SPECIAL PROJECTS, AND GENERAL OPERATING FUNDS FOR THE COLLEGE. SCHEDULE D, PART X, LINE 2 FIN 48 DISCLOSURE: 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, PARTS XI, LINE 2D OTHER RECONCILING ITEMS: $ 585,671 COST OF GOODS SOLD SCHEDULE D, PARTS XI, LINE 4B OTHER RECONCILING ITEMS: $ 18,033,742 GRANTS AND SCHOLARSHIPS 177,255 ALLOCATED HEALTH CENTER EXPENSES ------------ $ 18,210,997 TOTAL SCHEDULE D, PART XII, LINE 2D OTHER RECONCILING ITEMS: $ 585,671 COST OF GOODS SOLD SCHEDULE D, PART XII, LINE 4B OTHER RECONCILING ITEMS: $ 18,033,742 GRANTS AND SCHOLARSHIPS 177,255 ALLOCATED HEALTH CENTER EXPENSES ------------ $ 18,210,997 TOTAL true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 PUBLICATION OF THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY: WABASH PUBLISHES THE NOTICE ANNUALLY IN THE LOCAL AND INDIANAPOLIS NEWSPAPERS. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE RECEIVED FROM A GOVERNMENTAL AGENCY: WABASH STUDENTS RECEIVE PELL GRANTS, STAFFORD LOANS, PARENT PLUS LOANS, SEOG, AND FEDERAL WORK STUDY FOR THE SUPPORT OF STUDENTS. THE COLLEGE HAS RECEIVED GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, USDA, AND NATIONAL INSTITUTES OF HEALTH TO SUPPORT FACULTY RESEARCH. true Central America and the Caribbean Investments 68410700 North America Investments 6376104 North America Grantmaking 20000 74806804 74806804 North America PROGRAM SUPPORT 20000 CHECK 1 true false true true true false SCHEDULE F, PART I, LINE 2 GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. REPORTS ARE REVIEWED BY THE GRANT ADVISORY COMMITTEE AND SENIOR STAFF. true SAN FRANCISCO THEOLOGICAL SEMINARY 105 SEMINARY ROAD SAN ANSELMO CA 94960 941156302 501(C)(3) 20000 PROGRAM SUPPORT THE RECTOR & VISITORS OF THE UNIV OF VA PO BOX 400126 CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 39734 PROGRAM SUPPORT AUSTIN PRESBYTERIAN THEOLOGICAL SEMINARY 100 EAST 27TH STREET AUSTIN TX 78705 741143056 501(C)(3) 19301 PROGRAM SUPPORT DREW UNIVERSITY 36 MADISON AVENUE MADISON NJ 07940 221487164 501(C)(3) 20000 PROGRAM SUPPORT THE CATHOLIC UNIVERSITY OF AMERICA CARDINAL STATION620 MICHIGAN AVE WASHINGTON DC 20064 530196583 501(C)(3) 20000 PROGRAM SUPPORT THE SEATTLE SCHOOL OF THEOLOGY & PSYCHOLOGY 2501 ELLIOTT AVENUE SEATTLE WA 98121 912037146 501(C)(3) 20000 PROGRAM SUPPORT APPALACHIAN STATE UNIVERSITY PO BOX 32043 BOONE NC 28608 561776030 501(C)(3) 20000 PROGRAM SUPPORT DUQUESNE UNIVERSITY 600 FORBES AVENUE PITTSBURGH PA 15282 251035663 501(C)(3) 20000 PROGRAM SUPPORT 8 MERIT SCHOLARSHIPS 32 66196 SUMMER FELLOWSHIPS 43 151000 PASTORAL LEADERSHIP PROGRAM 12 7060 STUDY ABROAD GRANTS (RUDOLPH) 3 9390 EMPLOYEE AWARDS 15 10300 STUDENT PRIZES - FA 121 45061 COMMUNITY SERVICE 3 483 AWARDS CAMPBELL SCHOLARSHIP 2 67500 STUDENT AWARDS-NON-FA 117 38226 PLAQUES AND APPAREL FRATERNITY CLEANING AWARDS 9 11244 DEAN OF COLLEGE DISCRETIONARY GRANTS 3 10910 PHI KAPPA PSI HOME CORP 1 7932 SEED 4 2924 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE US: GRANTS ARE MADE TO ACCREDITED SCHOOLS AND SEMINARIES. BOTH FINANCIAL AND NARRATIVE REPORTS OF GRANT ACTIVITIES ARE REQUIRED. X X X X true true X X X X true false false false false false false false false GREGORY HESS PRESIDENT & TRUSTEE 437589 0 0 0 50645 0 43500 0 12060 0 543794 0 0 0 GARY PHILLIPS DEAN OF COLLEGE (JAN-JUN) 174258 0 0 0 0 0 17426 0 9960 0 201644 0 0 0 LARRY GRIFFITH TREASURER AND CFO 176486 0 0 0 0 0 17648 0 9960 0 204094 0 0 0 STEVEN KLEIN DEAN OF ADMISSIONS 152019 0 0 0 0 0 15202 0 9960 0 177181 0 0 0 MICHAEL RATERS DEAN OF STUDENTS 117636 0 0 0 0 0 11737 0 45960 0 175333 0 0 0 CHARLES BLAICH DIRECTOR OF CILA & HEDS 139866 0 0 0 0 0 13987 0 62010 0 215863 0 0 0 SCOTT FELLER DEAN OF COLLEGE (JUL-DEC) 146412 0 0 0 0 0 14461 0 9960 0 170833 0 0 0 PATRICK WHITE FORMER PRESIDENT 0 0 0 0 273176 0 26000 0 9960 0 309136 0 0 0 SCHEDULE J, PART I, LINE 1A WABASH COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE, WHICH IS NOT INCLUDED IN TAXABLE COMPENSATION, TO GREGORY HESS, THE COLLEGE'S PRESIDENT AND TO MICHAEL RATERS, THE DEAN OF STUDENTS. THE RESIDENCES ARE PROVIDED FOR THE CONVENIENCE OF WABASH COLLEGE. BOTH THE PRESIDENT AND THE DEAN WERE REQUIRED TO LIVE IN THEIR RESPECTIVE RESIDENCES AS A CONDITION OF THEIR EMPLOYMENT. ADDITIONALLY, THE RESIDENCES ARE CONTIGUOUS TO WABASH'S CAMPUS AND ARE REGULARLY USED TO CONDUCT BUSINESS. TRAVEL FOR COMPANIONS WAS PROVIDED TO THE PRESIDENT TO FURTHER BUSINESS ACTIVITIES CONDUCTED ON BEHALF OF THE COLLEGE. HOUSEHOLD SERVICES, PERSONAL USE OF AUTOMOBILES AND THE PERSONAL PORTION OF SOCIAL CLUB DUES WERE INCLUDED IN TAXABLE INCOME. SCHEDULE J, PART I, LINE 4A THE AMOUNT REPORTED AS OTHER COMPENSATION FOR PATRICK WHITE INCLUDES A SEVERENCE PAYMENT IN THE AMOUNT OF $273,176. SCHEDULE J, PART II, COLUMN D NONTAXABLE BENEFITS THE AMOUNT OF NONTAXABLE BENEFITS REPORTED FOR MICHAEL RATERS AND CHARLES BLAICH INCLUDES TUITION ASSISTANCE IN THE AMOUNTS OF $33,900 AND $49,950 RESPECTIVELY. TUITION ASSISTANCE IS AVAILABLE TO ALL EMPLOYEES. A INDIANA FINANCE AUTHORITY 351602316 2013-04-29 41632000 REFINANCE 2001 & 2003 BONDS false false false A 0 0 41632000 0 0 41547891 84019 0 0 0 0 0 true false true true A false false false false 0 true false false true A false true false false true true JPMORGAN CHASE 16.11 false false false 0 false true A true NOT REQUIRED NOT REQUIRED 13500 SCHOLARSHIPS FINANCIAL AID SCHEDULE L, PART III FINANCIAL AID TO INTERESTED PERSONS AND/OR FAMILY MEMBERS: THE AMOUNT LISTED IN PART III REPRESENTS FINANCIAL AID THAT WAS AWARDED TO INTERESTED PERSONS AND/OR FAMILY MEMBERS. THE ONLY AMOUNTS AWARDED ARE SCHOLARSHIPS AND FINANCIAL AID AWARDS. THESE FUNDS ARE DISBURSED BY THE COLLEGE'S FINANCIAL AID DEPARTMENT IN STRICT ADHERENCE TO ALL FEDERAL AND STATE REGULATIONS. X 3 0 APPRAISAL X 32 4673951 MARKET VALUE 3 false true true SCHEDULE M, PART I, LINE 9 SECURITIES - PUBLICLY TRADED: NONCASH CONTRIBUTIONS ON SCHEDULE M ARE REPORTED IN THE YEAR RECEIVED. PUBLICLY TRADED SECURITIES IN THE AMOUNT OF $4,127,605 RECEIVED WERE PLEDGE PAYMENTS THAT WERE RECORDED AS REVENUE ON PART VIII OF THE FORM 990 IN A PREVIOUS YEAR. SCHEDULE M, PART I, LINE 32B NONCASH CONTRIBUTIONS: DONORS DIRECT GIFTS OF STOCK TO OUR GIFT ACCOUNTS AT MORGAN STANLEY AND GOELZER INVESTMENT MANAGEMENT. MORGAN STANLEY, JPMORGAN CHASE BANK, AND GOELZER INVESTMENT MANAGEMENT ARE WABASH'S CUSTODIANS WHO PROCESS AND SELL GIFTS OF STOCK. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS: D. BROECKER AND T. GROSSNICKLE HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 & 7A CLASSES OF MEMBER OR STOCKHOLDERS: ALUMNI OF WABASH COLLEGE ARE CONSIDERED MEMBERS. AN ALUMNUS IS ANY PERSON WHO ATTENDED WABASH FOR AT LEAST TWO SEMESTERS. EVERY EVEN-NUMBERED YEAR, ALUMNI ELECT TWO TRUSTEES TO THE BOARD. EVERY ODD-NUMBERED YEAR, ALUMNI ELECT ONE TRUSTEE TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE AUDIT COMMITTEE CHAIRMAN, THE CONTROLLER, AND THE TREASURER/CFO DO A DETAILED REVIEW OF THE 990. THE AUDIT COMMITTEE IS GIVEN A CHANCE TO REVIEW THE RETURN BEFORE IT IS GIVEN TO THE FULL BOARD. AN ELECTRONIC COPY OF THE FORM IS AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING. AN INDEPENDENT ACCOUNTING FIRM PERFORMS A DETAILED REVIEW OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: CONFLICT OF INTEREST QUESTIONNAIRES ARE SENT TO ALL BOARD MEMBERS. THE CONTROLLER REVIEWS THE COMPLETED FORMS. THERE HAVE BEEN FEW CONFLICTS ON THE BOARD, BUT WHEN ONE DOES OCCUR, THE BOARD MEMBER RECUSES HIMSELF FROM VOTING. THE CONFLICT OF INTEREST AND THE RECUSAL ARE NOTED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A & 15B REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: THE PRESIDENT'S COMPENSATION IS REVIEWED AND DETERMINED ANNUALLY BY A COMPENSATION COMMITTEE CONSISTING OF THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE COMMITTEE CONSIDERS DATA FROM OTHER SCHOOLS, AMONG OTHER THINGS, IN MAKING ITS REVIEW. THE PRESIDENT REVIEWS AND DETERMINES THE COMPENSATION OF THE DEANS AND THE OTHER MEMBERS OF THE PRESIDENT'S STAFF ON AN ANNUAL BASIS, WITH THE ADVICE AND CONSENT OF THE COMPENSATION COMMITTEE. ALL COMPENSATION DECISIONS ARE NOTED IN THE COLLEGE'S BOOKS AND RECORDS. OFFICER COMPENSATION WAS LAST REVIEWED IN JANUARY 2015. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INT. POLICY, AND FINANCIAL STATEMENTS: WABASH COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WABASH'S WEBSITE. FORM 990, PART VII, SECTION A COMPENSATION OF OFFICERS: FRED RUEBECK IS PAID A SERVICE FEE IN THE AMOUNT OF $50,000 AND DOES NOT RECEIVE ANY EMPLOYEE BENEFITS OR DEFERRED COMPENSATION. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: $ 13,735,074 PRIOR SERVICE COST - PLAN AMENDMENT 1,159,357 AMORTIZATION OF NET LOSS - NET PERIODIC PENSION COSTS (555,596) DEFINED-BENEFIT POSTRETIREMENT HEALTH PLAN (3,022) PROVISION FOR EARLY RETIREMENT INCENTIVE ------------- $ 14,335,813 TOTAL CHANGE IN NET ASSETS GREAT LAKES COLLEGES ASSOCIATION INC 535 W WILLIAM NO 301 ANN ARBOR MI 48103 381678376 EDUC. SUPPORT MI 501(C)3 11 TYPE 1 NA false INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET INDIANAPOLIS IN 46204 310901001 EDUC. SUPPORT IN 501(C)3 11 TYPE 1 NA false CHARITABLE REMAINDER TRUSTS (28) TRUST NA TRUST false false true false false false false false false false false false false false false false false false false