2016-05-08T11:28:57-07:00 2015-06-30 990 2014-07-01 440545271 COTTEY COLLEGE COTT 4176678181 1000 West Austin Nevada MO 64772 Amy Ruetten VP Admin/FInance 4176678181 2016-05-08 2014 2016-08-17 19:52:53Z Jann Weitzel 1000 W Austin Nevada MO 64772 98690296 0 X www.cottey.edu X 1925 MO Cottey College, an independent liberal arts college, educates women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 11 11 537 50 0 0 8514134 4849830 7365307 7269909 4566117 7884408 392123 370141 20837681 20374288 3238391 3620936 0 0 8532633 9032607 0 0 803812 4771353 11028446 16542377 23681989 4295304 -3307701 129815140 120247059 1572528 2116259 128242612 118130800 Cottey College, an independent liberal arts college, educates women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 0 0 12223554 3620936 7269909 Higher education services expenses were incurred in the operation of a liberal arts college. The college educates women to become contributing members of a global society through a challenging curriculum and a dynamic campus experience. Aprroximately 300 students attend. 0 0 0 12223554 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 402 0 537 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X Amy Ruetten Cottey College 4176678181 1000 West Austin Nevada MO 64772 Peggy Bottorf Chair 5 0 X X 0 0 0 Grace Chalker Board Member 3 0 X 0 0 0 Diann McChesney Board Member 3 0 X 0 0 0 Greg Hoffman Board Member 3 0 X 0 0 0 Maria Baseggio Board Member Ex-Officio 3 0 X 0 0 0 Beth Ledbetter Board Member Ex-Officio 3 0 X 0 0 0 Sandra Laney Board Member 3 0 X 0 0 0 Chris Scheuneman Board Member 3 0 X 0 0 0 Mathilda Hatfield Board Member 3 0 X 0 0 0 Kathy Leffler Board Member 3 0 X 0 0 0 Gary Cox Board Member 3 0 X 0 0 0 Jackie McMorris Board Member 3 0 X 0 0 0 Janet Hansen Board Member 3 0 X 0 0 0 Amy Ruetten VP for Administration and Finance 50 0 X 100298 0 14267 Cathryn Pridal Vice President 50 0 X 121123 0 15657 Judyth Wier Vice President 50 0 X 121140 0 15659 Judy Rogers President 60 0 X 206010 0 22147 548571 0 67730 3 0 1 0 0 0 0 0 932328 0 3917502 148429 4849830 Tuition and Auxiliary 611310 6663325 6663325 0 0 Student Financial Aid 611310 606584 606584 0 0 0 0 0 0 7269909 1689556 0 0 1689556 0 0 0 0 0 0 0 0 0 0 84510860 0 78316008 0 6194852 0 6194852 0 0 6194852 0 Agency 611310 159264 0 0 159264 Miscellaneous 611310 210877 0 0 210877 0 0 0 0 370141 20374288 7269909 0 8254549 3620936 3620936 650826 111138 391629 148059 6342211 4488323 1559418 294470 345027 240664 88144 16219 1242755 819262 350354 73139 451788 312887 116903 21998 0 0 0 0 26465 0 26465 0 52866 0 52866 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 458933 170125 189133 99675 605778 344388 204918 56472 256183 100197 119926 36060 0 0 0 0 7244984 219719 7025265 0 435394 327347 50327 57720 0 0 0 0 47840 23779 24061 0 0 0 0 0 0 0 0 0 210398 172831 37567 0 186139 38427 147712 0 Administration 269935 0 269935 0 Student Services 524583 524583 0 0 Instruction 242069 242069 0 0 Auxiliary 466879 466879 0 0 23681989 12223554 10654623 803812 15061887 8708804 4183985 1989259 46516 18313 241263 239501 47216 20549 8032709 7352628 421530 680081 71966024 72625910 36838373 34957236 1008346 1007406 129815140 120247059 825125 1445739 110146 50918 637257 619602 1572528 2116259 X 31644148 28886689 28154926 19545362 68443538 69698749 128242612 118130800 129815140 120247059 X -3307701 -6673450 0 0 0 -130661 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 101534880 1928856 814802 1426032 3881277 0 98971229 92749441 2053806 11755880 1253061 3771186 0 101534880 86375520 2384552 8819757 1475186 3355202 0 92749441 92571711 3557144 -3965599 1339992 4447744 0 86375520 81801580 3652324 12845246 1286330 4441109 0 92571711 0.24 0.6 0.16 1 0 0 0 0 0 0 0 0 0 0 0 0 0 8032709 7352628 680081 0 0 0 0 680081 Fund of Funds 21718849 F Managed Futures 4024562 F Beneficial Interest in Perpetual Trust 9213825 F 34957236 0 Damage Deposits 18875 Annuity Obligations 96695 Liability Under Charitable Remainder Trust 504032 619602 X 11808040 -6673450 1950000 0 0 -4723450 16531490 0 3842798 3842798 20374288 21919852 1950000 0 0 0 1950000 19969852 0 3712137 3712137 23681989 Schedule D, Part V, Line 4 The endowment funds are used to provide a payout for the intended purpose of the original gift. Schedule D, Part X, Line 2 The College had adopted Accounting for Uncertainty in Income Taxes. This standard clarifies the accounting for uncertainty in income taxes recognized in an entities financial statements and prescribes a recognition threshold for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The implementation of this standard had no impact on the College's financial statements. The College's tax returns are open to examinations for the years 2012 through 2014. Schedule D, Part XI, Line 4b Change in Beneficial Interest in a Perpetual Trust $130,661 Scholarships $2,675,088 Agency $1,037,049 Schedule D, Part XII, Line 4b Scholarships $2,675,088 Agency $1,037,049. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The College publicizes its racially nondiscriminatory policy in the school catalog, college brochures, and on the website. Schedule E, Part I, Line 6 The College received aid from the following: U.S. Department of Education student financial aid programs, Federal Pell Grant, Federal Opportunity Grant Program, Federal Work Study Program. the College also participates in the Higher Educational Act Federal Family Loan Program (Federal Stafford Loan, Federal Supplemental Loans for student, and Federal Plus Loans). Europe (including Iceland and Greenland) 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip. 194400 East Asia and the Pacific 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip. 73834 Central America and the Caribbean 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip. 6102 0 0 274336 0 0 0 0 0 0 1 Grants are used to pay for the college educational expenses for the students. 280 3238391 0 Schedule I, Part I, Line 2 Grants are awarded to students based on eligibility requirements which are determined on the basis of financial need academic ability and (or) special abilities. Need based financial aid is determined using federal regulations. Students must also maintain satisfactory academic progress which is monitored at the end of each semester. All grants are applied to tuition and fee accounts. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Judy Rogers President 206010 0 0 0 0 0 14152 0 8026 0 228188 0 0 0 Schedule J, Part I, Line 1a As a condition of employment the President is required to live in housing supplied by the College. In addition, travel for her companion is provided when they are representing the institution at public functions across the country. All of the Vice President's have a small discretionary fund with their individual departments. All expenses do require documentation and are not taxable to the individuals. X 17 148429 Market Value 0 0 1 0 Schedule M, Part I, Line 33 The number in column B represents the number of individual stock contributions received. Form 990, Part VI, Section A, Line 7a The Board of Trustees at Cottey is appointed by the International P.E.O. Sisterhood. Form 990, Part VI, Section A, Line 7b The International P.E.O. Sisterhood has to approve any expenditures over a specified amount listed in the bylaws for alterations or improvement to the physical plant or property acquisitions. Form 990, Part VI, Section B, Line 11b The return is reviewed by the Audit Committee which is a standing committee of the Board of Trustees. It is also available for review by the entire Board on the secure board only website. Comments are then reviewed and addressed by the Business Office. Form 990, Part VI, Section B, Line 12c Conflict of interest statements are filed annually and held in the President's office for review by the Audit Committee. The committee reviews the statements and then reports back to the board who determines if follow up is needed. All Board of Trustees, President's Council, Non Trustee members of board committees, Controller, and Associate Controller are required to complete conflict of interest statements. If someone is found to have a conflict of interest they do not participate in any deliberations or decisions regarding that transaction. Form 990, Part VI, Section B, Line 15 Compensation amounts are determined by using compensation surveys or studies, have a written employment contract in the case of the President, and all compensation amounts are approved by the Board of Trustees. Form 990, Part VI, Section C, Line 19 Documents are made available to the public upon written request to the institution. Form 990, Part XI, Line 9 Change in Beneficial Interest in a Perpetual Trust $130,661. International Chapter PEO Sisterhood 3700 Grand Avenue Des Moines IA 503122899 420453829 Promotes womens education IA 501c(4) N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 An extension was applied for and granted by the IRS.