2014-11-10T15:28:04-06:00 2014-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2013-07-01 420686467 COE COLLEGE COEC 3193998643 BUSINESS OFFICE 1220 1ST AVE NE CEDAR RAPIDS IA 52402 MICHAEL L WHITE EXEC VP - ASST SECY/TREAS 3193998643 2014-11-10 1 KAY HEGARTY P00091057 3192985333 2013 2015-11-30 17:44:51Z DAVID MCINALLY 1220 FIRST AVE NE CEDAR RAPIDS IA 52402 83148117 0 X WWW.COE.EDU X 1881 IA COE COLLEGE IS A PRIVATE, FOUR-YEAR CO-EDUCATIONAL LIBERAL ARTS COLLEGE 39 36 1498 200 -7505 -7505 9710962 5018363 51960086 55069620 5231281 3146301 -2937 -11826 66899392 63222458 24296433 26524502 0 0 20598080 21271439 79200 10330 1366711 16957036 17710217 61930749 65516488 4968643 -2294030 173795163 176710719 40297226 39748318 133497937 136962401 X SEE SCHEDULE O 0 0 48560465 26524502 46775612 EDUCATIONAL - COE COLLEGE IS A SELECTIVE, PRIVATE AND NATIONALLY RECOGNIZED FOUR-YEAR COEDUCATIONAL LIBERAL ARTS INSTITUTION, PROVIDING SUPERIOR EDUCATIONAL EXPERIENCES FOR STUDENTS SINCE 1851. TO EACH OF ITS MORE THAN 1,430 STUDENTS, THE INSTITUTION OFFERS THE ADVANTAGES OF A SMALL COLLEGE THAT IS DEDICATED TO ACADEMIC EXCELLENCE. STUDENT-FACULTY RATIOS ARE LOW AT 11 TO 1, THE AVERAGE CLASS SIZE IS 16, AND 95% OF FULL-TIME FACULTY MEMBERS HAVE EARNED THE HIGHEST DEGREE IN THEIR RESPECTIVE FIELDS. STUDENTS CAN THUS RECEIVE A LEVEL OF PERSONALIZED ATTENTION THAT HAS ALMOST DISAPPEARED ELSEWHERE IN MODERN ACADEMIA. THE CAMPUS PRESENTS AN INVITING ENVIRONMENT TO STUDENTS BOTH INSIDE AND OUTSIDE THE CLASSROOM, OFFERING A VARIETY OF OPPORTUNITIES FOR GROWTH AND PERSONAL ENRICHMENT IN THE MANY INTELLECTUAL, ATHLETIC AND SERVICE PURSUITS AVAILABLE. COE IS RECOGNIZED AS ONE OF THE FINEST LIBERAL ARTS COLLEGES IN THE COUNTRY BY A VARIETY OF WIDELY RESPECTED COLLEGE RANKING PUBLICATIONS THAT WEIGH ACADEMIC QUALITY AND STUDENT SELECTIVITY. COE COLLEGE ENJOYS BOTH AN EXCELLENT REGIONAL REPUTATION AND NATIONAL RECOGNITION FOR THE STRENGTH OF ITS PROGRAMS. THROUGH CAREFUL PLANNING, SELECTIVE USE OF RESOURCES, AND THE EFFORTS OF A DEDICATED FACULTY AND STAFF, COE HAS NOT ONLY MAINTAINED BUT STRENGTHENED ITS POSITION AMONG LIBERAL ARTS COLLEGES IN THE MIDWEST. 5427080 8294008 AUXILIARY ENTERPRISES - THIS INCLUDES THE COLLEGE'S RESIDENCE HALLS, COLLEGE RENTAL HOUSING, FOOD SERVICES, THE STUDENT UNION AND SUMMER CONFERENCES. WITH MORE THAN 1,200 STUDENTS IN CAMPUS HOUSING, RESIDENTIAL LIFE IS CENTRAL TO THE COE EXPERIENCE FOR STUDENTS. IN ADDITION, THE COLLEGE DERIVES SOME REVENUE FROM HOSTING SUMMER CONFERENCES IN ITS FACILITIES. 6096386 PROGRAM SERVICES - THIS INCLUDES EXPENDITURES FOR THE OPERATION AND MAINTENANCE OF COLLEGE FACILITIES. WITH 37 BUILDINGS ON MORE THAN 60 ACRES, MAINTENANCE OF COLLEGE FACILITIES IS AN IMPORTANT CONSIDERATION FOR THE COLLEGE. SIGNIFICANT CAMPUS IMPROVEMENTS OVER THE PAST TWO DECADES HAVE BEEN COMPLETED SO THAT STUDENTS AND FACULTY MAY ENJOY AN ENVIRONMENT CONDUCIVE TO LEARNING, WITH THE FACILITIES TO SUPPORT THE MISSION OF THE COLLEGE. 60083931 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 234 0 1 1498 1 1 1 0 0 0 0 0 0 0 0 0 X 39 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA MD MI MN NH NY SC X MICHAEL L WHITE EXEC VP - ASST SEC 3193998643 COE COLLEGE-1220 1ST AVE NE CEDAR RAPIDS IA 52402 X DAVID MCINALLY TRUSTEE-PRESIDENT 40.00 X X 144647 0 36118 R DARRYL BANKS TRUSTEE 1.00 X 0 0 0 KIM BENJAMIN TRUSTEE 1.00 X 0 0 0 PETER BIRKEY TRUSTEE 1.00 X 0 0 0 J DAVID CARSON TRUSTEE - CHAIRMAN 1.00 X X 0 0 0 STEVEN CAVES TRUSTEE 1.00 X 0 0 0 ROBERT CHIUSANO TRUSTEE 1.00 X 0 0 0 NIKKI CLAUSSEN TRUSTEE 1.00 X 0 0 0 HEATHER DANIELS TRUSTEE 1.00 X 0 0 0 TOM ELLIS TRUSTEE 1.00 X 0 0 0 SAM FREITAG TRUSTEE 1.00 X 0 0 0 DAVID GEHRING TRUSTEE - SECRETARY 1.00 X X 0 0 0 KEN GOLDER TRUSTEE - 2ND VICE CHAIR 1.00 X X 0 0 0 TONY GOLOBIC TRUSTEE 1.00 X 0 0 0 DENNIS GREENSPON TRUSTEE 1.00 X 0 0 0 KEITH HALL TRUSTEE 1.00 X 0 0 0 GENE HENDERSON TRUSTEE 1.00 X 0 0 0 KENT HERINK TRUSTEE 1.00 X 0 0 0 SHIRLEY HUGHES TRUSTEE 1.00 X 0 0 0 DOUG HYDE TRUSTEE 1.00 X 0 0 0 WILLIAM JOHNSON TRUSTEE 1.00 X 0 0 0 SANDY KALOUPEK TRUSTEE 1.00 X 0 0 0 STEVEN KLINE TRUSTEE 1.00 X 0 0 0 MARY JEANNE KROB TRUSTEE 1.00 X 0 0 0 JOAN LIPSKY TRUSTEE 1.00 X 0 0 0 JULIE MCLEAN TRUSTEE 1.00 X 0 0 0 DAVID MEHAFFY TRUSTEE 1.00 X 0 0 0 CURT MENEFEE TRUSTEE 1.00 X 0 0 0 PAUL MEYER TRUSTEE - TREASURER 1.00 X X 0 0 0 LIZA OVROM TRUSTEE 1.00 X 0 0 0 CHUCK PETERS TRUSTEE 1.00 X 0 0 0 SIGI REYNOLDS TRUSTEE 1.00 X 0 0 0 BRETT RULE TRUSTEE 1.00 X 0 0 0 LARRY SHRYOCK TRUSTEE 1.00 X 0 0 0 STAN SMITH TRUSTEE 1.00 X 0 0 0 JOHN STROHM TRUSTEE 1.00 X 0 0 0 LORI STURDEVANT TRUSTEE - VICE CHAIR 1.00 X X 0 0 0 CARSON VEACH TRUSTEE 1.00 X 0 0 0 ED WALSH TRUSTEE 1.00 X 0 0 0 MICHAEL WHITE EXEC VP - ASST SECY & ASST TRES 40.00 X 173680 0 29451 MARIE BAEHR TIMKO VP ACADEMIC AFFAIRS & DEAN OF STUDENTS 40.00 X 147120 0 56902 FRANCIS MARY MISKIMEN ASST TO PRESIDENT - ASST SECY 40.00 X 62156 0 10872 DAVID HAYES VP ADVANCEMENT 40.00 X 94654 0 14716 ERIK ALBINSON VP STUDENT AFFAIRS 40.00 X 75081 0 10917 RICHARD MEISTERLING VP ADVANCEMENT 40.00 X 174369 0 10854 RICHARD RHEINSCHMIDT CONTROLLER 40.00 5.00 X 157177 0 19535 EVELYN MOORE REGISTRAR & PROF OF NURSING 40.00 X 106233 0 13877 ROBERT MARRS PROFESSOR OF RHETORIC 40.00 X 103711 0 12288 STEVEN FELLER PROFESSOR OF PHYSICS 40.00 X 135598 0 23949 MARIO AFFATIGATO PROFESSOR OF PHYSICS 40.00 X 115506 0 13542 WENDY DUNN PROF/DIR OF INST PLANNING 40.00 X 118093 0 26703 JAMES PHIFER FORMER OFFICER 0.00 X 291121 0 38528 1899146 0 318252 14 1 1 0 SODEXO INC 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICE 2395249 WEITZ COMPANY LLC 2801 6TH ST SW A CEDAR RAPIDS IA 52404 CONSTRUCTION 1379620 ROYALL & COMPANY 1920 E PARHAM RD RICHMOND VA 23228 MARKETING 295454 CULVER'S LAWN & LANDSCAPNG 1682 DUBUQUE RD MARION IA 52302 LAWN SERVICE 236924 SECURITAS SECURITY SERVICES 160 SOUTHGATE IOWA CITY IA 52240 SECURITY SERVICE 228580 7 14250 771154 4232959 992390 5018363 STUDENT TUITION/FEES 611600 46129274 46129274 AUXILIARY ENTERPRISES 611600 8294008 8294008 MISC FEES & CHARGE 611710 646338 646338 55069620 3380613 3380613 19615118 53438 19863167 39701 -248049 13737 -234312 -234312 18470 14250 22791 -4321 -4321 K-1 PLAINS ALL AMERICAN PIPELINE 900099 -561 -561 K-1 LINN ENERGY LLC 900099 -2029 -2029 K-1 ENTERPRISE PRODUCT PARTNERS L 900099 -2104 -2104 -2811 -2811 -7505 63222458 55069620 -7505 3141980 26524502 26524502 1356283 986141 370142 15947965 14597278 948523 402164 847290 758351 61536 27403 1994117 1423151 470083 100883 1125784 1014097 72298 39389 22674 22674 111655 111655 10330 10330 45808 45808 409003 217442 125541 66020 944543 644751 172650 127142 263901 420960 -201487 44428 3312334 3215841 96493 693717 576508 37684 79525 917599 917599 2996825 2996825 359132 125959 230053 3120 CONTRACTED SERVICES 2655830 2563247 92583 0 INSTRUCTIONAL EXPENSE 2328471 2276254 0 52217 RECRUITING 569481 569481 0 0 EQUIP, RENTAL & MAINT 451181 280624 170557 0 1628063 961061 623054 43948 65516488 60083931 4065846 1366711 8826578 4954674 1431583 537295 586399 600392 516960 334974 94070251 33797542 60163236 60272709 65812300 66837025 23354691 30069212 7256142 7210591 5847274 5893847 173795163 176710719 4736418 4287596 223013 220652 22369217 21370803 1447408 1395769 11521170 12473498 40297226 39748318 X 40724296 41742217 8035149 7405264 84738492 87814920 133497937 136962401 173795163 176710719 X -2294030 5525283 233211 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 14206483 X X X X X EDUCATIONAL 0 89263799 2065554 8219113 2739756 2981567 93827143 85306396 1699631 7224931 1416797 3550362 89263799 78484551 4908284 2734108 1333107 -512560 85306396 75721149 590165 6618173 1346092 3098844 78484551 70206609 1168959 9495167 1313966 3835620 75721149 0.02000 0.91800 0.06200 1 0 12168144 12168144 65284041 23443618 41840423 2061056 1732400 328656 12304139 8621524 3682615 2252871 2252871 60272709 CASH VALUE OF LIFE INSURANCE 879973 F TRUST AGREEMENTS 14883904 F ALTERNATIVE INVESTMENTS 1687151 F REAL EST, LAND & MNRL RIGHTS 1697402 F COLLATERIZED DEBT OBLIGATIONS 2165782 F ARTWORK 8755000 F 30069212 DUE TO US GOVT-PERKINS LOAN 5489182 ANNUITY PAYABLE 1380870 DEPOSITS HELD ON BEHALF OTHERS 264444 LIABILITY TO LIFE INCOME BENEFICIARIES 1582266 ACCRUED PENSION COST 1906020 ACCRUED LOSS ON INTEREST RATE SWAPS 905499 OTHER LIABILITY 323606 STATE OF IOWA ENERGY LOAN 621611 12473498 X 42184936 5525283 5525283 36659653 45808 26516997 26562805 63222458 38946178 0 38946178 45808 26524502 26570310 65516488 PART III, LINE 4: THE COMMITTEE ON THE PERMANENT COLLECTION OF ART SHALL DETERMINE IF THE PROPOSED GIFT OF ARTWORK IS SUITABLE FOR ACCEPTANCE BY CONSIDERING WHETHER THE FOLLOWING CONDITIONS HAVE BEEN MET: THE ARTWORK FURTHERS THE MISSION OF COE COLLEGE. THE ARTWORK IS COMPATIBLE WITH OR COMPLEMENTARY TO THE CURRENT ART COLLECTION. THE DONOR HAS VALID OWNERSHIP OF THE ARTWORK, AND IS FREE TO CONVEY THE WORK. THERE ARE NO UNTENABLE RESTRICTIONS, RESERVATIONS OR LIMITATIONS PLACED ON THE ARTWORK OR ITS DISPLAY. THE COSTS FOR RESTORATION, MAINTENANCE AND INSURANCE ARE REASONABLE AND APPROPRIATE. THE COMMITTEE ON THE PERMANENT COLLECTION OF ART PROVIDES THE PRESIDENT WITH A RECOMMENDATION FOR ACCEPTANCE OR REFUSAL. PART V, LINE 4: THE COE COLLEGE ENDOWMENT FUND HAS BEEN ESTABLISHED BY THE BOARD OF TRUSTEES AS AN INVESTMENT PORTFOLIO FOR THE ASSETS CONTRIBUTED BY DONORS FOR THE CONTINUING SUPPORT OF THE COLLEGE AND OTHER DONOR DESIGNATED PURPOSES. THE DEVELOPMENT AND EXPANSION OF THIS FUND IS AN IMPORTANT PART OF THE COLLEGE'S OBJECTIVES FOR MAINTAINING QUALITY IN FACULTY, STUDENTS AND FACILITIES. THE FUND IS COMPRISED OF PERMANENT, TERM AND QUASI ENDOWMENT ASSETS. ALL ENDOWMENT INCOME SUPPORTS THE COLLEGE OPERATIONS AND PROVIDES SCHOLARSHIPS FOR STUDENTS. PART X, LINE 2: THE COLLEGE IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE COLLEGE FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) 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 UBI. AS OF JUNE 30, 2014 AND 2013, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABLITY. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE FISCAL YEARS ENDED JUNE 30, 2010 AND PRIOR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE AWARDED FINANCIAL AID 26,524,502. BOOK / TAX DIFFERENCE PUBLICLY TRADED PARTNERSHIPS -7,505. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE AWARDED FINANCIAL AID 26,524,502. 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 RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE NEWSPAPER IN EMPLOYMENT ADVERTISEMENT AND IN THE COLLEGE HANDBOOK. SCHEDULE E, PART I, LINE 6 COE COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICE STUDY ABROAD 66117 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICE STUDY ABROAD 82714 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICE STUDY ABROAD 93610 0 0 0 0 0 0 242441 0 242441 1 0 0 0 0 0 GOLF EVENT 32720 14250 18470 1970 13891 6930 32720 14250 18470 1970 13891 6930 22791 -4321 1 ENDOWED PRIZES 41 18541 N/A N/A GIFT PRIZES 18 8071 N/A N/A GIFT SCHOLARSHIPS 67 1494029 N/A N/A ENDOWED SCHOLARSHIPS 355 2721215 N/A N/A GENERAL SCHOLARSHIPS 1179 21200 N/A N/A TUITION DISCOUNTS 278 1082646 N/A PART I, LINE 2: COE COLLEGE RECEIVES VARIOUS FEDERAL GRANTS FROM NSF, DEPT OF EDUCATION AND OTHER AGENCIES OR BRANCHES OF THE US GOVERNMENT. SEPARATE ACCOUNTS ARE USED FOR EACH GRANT TO MONITOR RECEIPTS AND DISBURSEMENTS. THE COLLEGE FOLLOWS APPROPRIATE ACCOUNTING AND INTERNAL CONTROL PROCEDURES. ALL REQUIRED FINANCIAL REPORTING TO THE GRANT PROVIDER ARE COMPLETED TIMELY AND AUDITS BY AN INDEPENDENT CPA FIRM ARE DONE WHEN REQUIRED. THE COLLEGE ANNUALLY FILES AN A-133. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 DAVID MCINALLY TRUSTEE-PRESIDENT 139881 0 0 0 4766 0 8925 0 27193 0 180765 0 0 0 MICHAEL WHITE EXEC VP - ASST SECY & ASST TRES 165940 0 0 0 7740 0 12139 0 17312 0 203131 0 0 0 MARIE BAEHR TIMKO VP ACADEMIC AFFAIRS & DEAN OF STUDEN 146308 0 0 0 812 0 10676 0 46226 0 204022 0 0 0 RICHARD MEISTERLING VP ADVANCEMENT 163279 0 0 0 11090 0 1632 0 9222 0 185223 0 0 0 RICHARD RHEINSCHMIDT CONTROLLER 148706 0 0 0 8471 0 10594 0 8941 0 176712 0 0 0 STEVEN FELLER PROFESSOR OF PHYSICS 109485 0 0 0 26113 0 8103 0 15846 0 159547 0 0 0 JAMES PHIFER FORMER OFFICER 254293 0 0 0 36828 0 17850 0 20678 0 329649 0 0 0 PART I, LINE 1A EMPLOYMENT AGREEMENT STATES COE COLLEGE REQUIRES THAT ITS PRESIDENT LIVE IN A PRESIDENT'S HOUSE OR MANOR OWNED BY THE COLLEGE BECAUSE OF ITS REQUIREMENT THAT THE PRESIDENT CONDUCT SIGNIFICANT BUSINESS ACTIVITIES AND COLLEGE RELATED ENTERTAINMENT ON COLLEGE PROPERTY. THE RESIDENCE LOCATED AT 370 34TH STREET SE, CEDAR RAPIDS,IOWA, WHICH IS OWNED BY THE COLLEGE, IS DESIGNATED THE OFFICIAL COLLEGE MANOR. COUNTRY CLUB DUES ARE INCLUDED IN TAXABLE INCOME ON W-2S. PART I, LINE 4B THE PRESIDENT AND EXECUTIVE VICE PRESIDENT PARTICIPATE IN A 457(F) DEFERRED COMPENSATION PLAN. FORMER PRESIDENT RECEIVED PAYOUT OF DEFERRED COMPENSATION. A CITY OF ROBINS IOWA 420887558 2009-07-22 2513333 SEE PART VI 0 0 0 B CITY OF ROBINS IOWA 420887558 2009-07-22 5819543 SEE PART VI 0 0 0 C CITY OF HIAWATHA IOWA 426025060 2007-06-08 4500000 CONSTRUCTION/RENOVATION 0 0 0 D CITY OF ROBINS IOWA 420887558 2009-07-22 6100000 SEE PART VI 0 0 0 A 386667 2513333 41461 2471872 2002 0 0 1 1 B 575517 5861846 59192 1953507 3849147 2005 1 0 1 1 C 801039 4500000 34326 4465674 2008 0 0 1 1 D 598851 6106078 23929 1582149 4500000 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.11400 0.00000 0.11400 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 1 0 0 0 1 B 0 0 1 1 1 0 0 0 1 C 0 0 1 1 0 0 0 0 1 D 0 0 1 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF ROBINS, IOWA DATE THE REBATE COMPUTATION WAS PERFORMED: 01/22/2010 ISSUER NAME: CITY OF ROBINS, IOWA DATE THE REBATE COMPUTATION WAS PERFORMED: 01/22/2010 ISSUER NAME: CITY OF HIAWATHA, IOWA DATE THE REBATE COMPUTATION WAS PERFORMED: 12/08/2008 ISSUER NAME: CITY OF ROBINS, IOWA DATE THE REBATE COMPUTATION WAS PERFORMED: 02/28/2011 ISSUER NAME: CITY OF ROBINS, IOWA DATE THE REBATE COMPUTATION WAS PERFORMED: 01/09/2013 SCHEDULE K, PART I, COLUMN F, LINE A, ENTITY 1 REISSUANCE OF 2002 BONDS (4/8/2002) WHICH WERE USED FOR CONSTRUCTION/RENOVATION SCHEDULE K, PART I, COLUMN F, LINE B, ENTITY 1 REISSUANCE OF 2004 BONDS (6/29/2004) WHICH WERE USED TO REFUND PRIOR ISSUE (6/6/2000) AND FOR CONSTRUCTION/RENOVATION SCHEDULE K, PART I, COLUMN F, LINE D, ENTITY 1 REFUND PRIOR ISSUE (7/15/1998), CONSTRUCTION/RENOVATION SCHEDULE K, PART II, LINE 3, ENTITY 1 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART 1, COLUMN(E) DUE TO INVESTMENT EARNINGS. PART IV, LINE 2C NOTE REGARDING THE REBATE COMPUTATIONS: SINCE THE BOND PROCEEDS HAVE BEEN SPENT A SPENDING EXCEPTION WAS MET OR THE BONDS WERE ISSUED ON A DRAWDOWN BASIS, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. A CITY OF ROBINS IOWA 420887558 2011-08-05 4800000 CONSTRUCTION/RENOVATION 0 0 0 A 4802319 24124 4778195 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 1 1 US BANK NA 10.000000000000 0 0 0 0 1 A 1 US BANK ENTITY FOR WHICH STEVE CAVES, TRUSTEE, SERVES AS AN OFFICER 969589 BANKING SERVICES, INCLUDING DEPOSIT ACCOUNTS AND DEBT FINANCING IN ADDITION TO TRUST SERVICES. 0 JOHN STROHM TRUSTEE 0 JOHN STROHM AND COE COLLEGE HAVE GREATER THAN 10% OWNERSHIP INTERESTS IN FRTL-SU2011, LLLP AND FRTL-US2012, LLLP. 0 JANICE MCINALLY SPOUSE OF DAVID MCINALLY, TRUSTEE/PRESIDENT 15000 JANICE MCINALLY RECEIVED COMPENSATION FROM THE COLLEGE AS AN EMPLOYEE. 0 X 40 992390 STOCK EXCHANGE 0 0 1 0 PART I, COLUMN (B): REPORTING NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 JOHN STROHM - TRUSTEE, DAVID CARSON - TRUSTEE, KEN GOLDER - TRUSTEE AND RICHARD MEISTERLING - OFFICER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE'S BUDGET AND AUDIT SUBCOMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS A THOROUGH REVIEW OF FORM 990'S FILED BY THE COLLEGE PRIOR TO BEING FILED WITH THE IRS. THE SUBCOMMITTEE RECEIVES THE RETURNS FROM THE PAID PREPARER, MCGLADREY LLP THE SUBCOMMITTEE AND A REPRESENTATIVE FROM MCGLADREY REVIEW THE RETURNS TOGETHER. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE ADVISED OF THE REVIEW OF THE FORM 990S BY THE BUDGET AND AUDIT SUBCOMMITTEE. EACH MEMBER OF THE BOARD OF TRUSTEES RECEIVES AN EMAIL (1) PROVIDING THE TRUSTEE WITH ACCESS TO A COMPLETE COPY OF THE RETURNS THROUGH A WEBSITE ACCESSIBLE TO THE TRUSTEES AND (2) INFORMING EACH TRUSTEE THAT THE RETURNS ARE AVAILABLE FOR FURTHER REVIEW BY ANY BOARD MEMBER AND THAT RETURNS WILL BE FILED BY THE DUE DATES. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES ALL TRUSTEES, OFFICERS OR KEY EMPLOYEES AND SUBSTANTIAL CONTRIBUTORS TO ANNUALLY COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE CONCERNING TRANSACTIONS WITH COE COLLEGE. THE EXECUTIVE VICE PRESIDENT FOR THE COLLEGE RECEIVES COMPLETED QUESTIONNAIRES AND REVIEWS AND SUBMITS COMMENTS AND FINDINGS TO THE PRESIDENT OF THE COLLEGE AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BOARD THEN REVIEWS AND INFORMS THE FULL BOARD OF ANY ISSUES OR ACTIONS REQUIRED INCLUDING MONITORING WITH AN OVERSIGHT COMMITTEE IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS REVIEWED BY A BOARD OF TRUSTEES AD HOC COMMITTEE. THE COMMITTEE CONSIDERS THE PRESIDENT ON HIS MERITS, LENGTH OF SERVICE AND JOB RESPONSIBILITIES. THE PRESIDENT'S COMPENSATION IS THEN COMPARED TO SIMILAR POSITIONS AT OTHER COLLEGES USING SURVEYS AND BENCHMARKS FROM THE ACM (ASSOCIATED COLLEGES OF THE MIDWEST) AND IPCUA (IOWA PRIVATE COLLEGES AND UNIVERSITIES ASSOCIATION). THE COMMITTEE THEN REPORTS TO THE BOARD OF TRUSTEES THEIR DUE DILIGENCE THAT WAS PERFORMED AND DOCUMENTS THE REVIEW. THE DOCUMENTATION REGARDING THE COMPENSATION REVIEW IS RETURNED TO THE COLLEGE'S LEGAL COUNSEL FOR SAFEKEEPING. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. THE COLLEGE DOES FILE VARIOUS REQUIRED REPORTS SUCH AS THE A-133 AND AUDITED FINANCIAL STATEMENTS WITH VARIOUS GOVERNMENTAL AGENCIES AND AUTHORITIES WHICH MAY THEN BECOME PUBLIC RECORD. THE IRS FORM 990 FILED BY COE COLLEGE IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR FACULTY RETIREMENT PLAN 37,735. CHANGE IN FMV - INTEREST RATE SWAP 106,265. CHANGE IN ANNUITY & LIFE AGREEMENTS 81,706. BOOK / TAX DIFFERENCE PUBLICLY TRADED PARTNERSHIP INTERESTS 7,505. FORM 990, PAGE 2, PART III ORGANIZATION MISSION IT IS THE MISSION OF COE COLLEGE TO PROVIDE STUDENTS AN EDUCATION OF SUPERIOR QUALITY THAT AIMS AT PREPARING THEM FOR LIFE FOLLOWING GRADUATION. OUR REASON TO EXIST AS AN INSTITUTION IS TO READY STUDENTS INTELLECTUALLY, PROFESSIONALLY, AND SOCIALLY TO LEAD PRODUCTIVE AND SATISFYING LIVES IN THE GLOBAL SOCIETY OF THE 21ST CENTURY. AS SUCH, OUR SUCCESS AS A COLLEGE IS MEASURED ACCORDING TO THE SUCCESS OF OUR GRADUATES. WE BELIEVE THAT A LIBERAL ARTS EDUCATION IS THE BEST PREPARATION FOR LIFE. WE BELIEVE THAT SUCH AN EDUCATION ALLOWS STUDENTS TO DISCOVER WHAT THEIR REAL TALENTS AND INTERESTS ARE, AND THAT IT DEVELOPS IN THEM THE SKILLS, ABILITIES, AND HABITS OF MIND THAT WILL MAKE POSSIBLE A SUCCESSFUL CAREER IN ANY FIELD OF ENDEAVOR, INCLUDING ONES THAT DO NOT YET EXIST. INDEED, WE BELIEVE THAT WHAT DEFINES A LIBERAL ARTS EDUCATION IS ITS FOCUS ON CULTIVATING IN STUDENTS CERTAIN FUNDAMENTAL ABILITIES: THE ABILITY TO THINK LOGICALLY AND ANALYTICALLY; THE ABILITY TO COMMUNICATE CLEARLY, BOTH IN WRITING AND SPEAKING; THE ABILITY TO USE EFFECTIVELY COMPUTER TECHNOLOGY; THE ABILITY TO WORK PRODUCTIVELY AS A MEMBER OF A GROUP SEEKING TO ACHIEVE A COMMON OBJECTIVE; THE ABILITY TO MAKE INFORMED JUDGMENTS, WHETHER IN THE REALM OF ETHICAL BEHAVIOR OF IN THAT OF AESTHETIC APPRECIATION; THE ABILITY TO FOSTER AND SUSTAIN AN ATTITUDE OF INTELLECTUAL CURIOSITY AND CREATIVITY; AND THE ABILITY TO RECOGNIZE AND HONOR TRUE EXCELLENCE WHEN FOUND IN ANY FORM OR CONTEXT. FURTHERMORE,WE BELIEVE THAT IT IS IMPORTANT FOR A LIBERAL ARTS EDUCATION TO CULTIVATE IN STUDENTS A DESIRE TO UNDERSTAND, A CAPACITY FOR TOLERANCE, AND AN ABILITY TO APPRECIATE THE ETHNIC AND CULTURAL DIVERSITY THAT MAKE UP HUMAN KIND. IT IS THE MISSION OF THE COLLEGE TO DEVELOP IN STUDENTS THESE ABILITIES AND ATTITUDES, AND IN SO DOING TO PROVIDE THEM AN EDUCATION THAT DIRECTS THEM TOWARD A MEANINGFUL AND SUCCESSFUL LIFE. COE'S ACADEMIC PROGRAM REFLECTS A COMMITMENT TO DEVELOPING THESE ABILITIES BY ITS INSISTENCE THAT STUDENTS ACQUIRE CERTAIN EDUCATIONAL EXPERIENCES. WE REQUIRE THAT STUDENTS COMPLETE BOTH OUR GENERAL EDUCATION REQUIREMENTS, WHICH ENSURE BREADTH OF LEARNING, AND OUR REQUIREMENTS FOR A MAJOR; WHICH GUARANTEE DEPTH OF KNOWLEDGE IN A PARTICULAR FIELD. IN ADDITION, AS PART OF EACH STUDENT'S EDUCATION, A SERIES OF INTENSIVE WRITING EXPERIENCES, SPREAD ACROSS THE FOUR YEARS OF STUDY, IS REQUIRED. BEYOND THESE REQUIREMENTS, STUDENTS ARE ENCOURAGED TO BEGIN PLANNING FOR THEIR LIVES AFTER COLLEGE EARLY ON IN THEIR UNDERGRADUATE CAREERS, AND, THROUGH CAREFUL ADVISING, THEY ARE GIVEN GUIDANCE AND DIRECTION IN THIS ENDEAVOR. INDEED, THE DEFINING FEATURE OF A COE EDUCATION IS THE REQUIREMENT THAT EVERY STUDENT PLAN AND PARTICIPATE IN ONE OF THE FOLLOWING: A SIGNIFICANT EXPERIENTIAL PROJECT, SUCH AS AN INTERNSHIP; A MAJOR SCHOLARLY UNDERTAKING; OR STUDY ABROAD. THESE EXPERIENCES WILL OFTEN, THOUGH NOT INVARIABLY, OCCUR DURING THE JUNIOR YEAR. THE HALLMARK OF A COE EDUCATION IS OUR ATTENTION TO EACH STUDENT AS AN INDIVIDUAL. IT IS ALSO IMPORTANT THAT THE COLLEGE ENVIRONMENT AT COE REFLECTS OUR COMMITMENT TO A DIVERSE STUDENT BODY AND OVERALL COLLEGE COMMUNITY. WE BELIEVE THAT THROUGH LISTENING CAREFULLY TO EACH STUDENT AS HIS OR HER INTERESTS AND UNIQUE TALENTS ARE FORMED, AND THROUGH TAILORING AN ACADEMIC PROGRAM TO SUIT EACH STUDENT'S FUTURE, WE HELP THAT STUDENT DEVELOP ABILITIES THAT PROVIDE THE BEST PREPARATION FOR LIFE. FORM 990, PART VII SALARY EXPLANATION FRANCIS MARY MISKIMEN COMPENSATION LISTED IS FOR POSITION AS EMPLOYEE OF COE COLLEGE NOT FOR POSITION AS ASSISTANT SECRETARY OF BOARD. SHE IS A 40 HOUR PER WEEK EMPLOYEE OF THE COLLEGE. MARIE BAEHR TIMKO OTHER COMPENSATION AMOUNT IN COLUMN (F) INCLUDES $30,177 OF TUITION WAIVER FOR DEPENDENT. DAVID MCINALLY OTHER COMPENSATION AMOUNT IN COLUMN (F) INCLUDES $15,750 OF TUITION WAIVER FOR DEPENDENT. K RAYMOND CLARK CHARITABLE TRUST 1220 FIRST AVE NE CEDAR RAPIDS IA 52402 396787527 SUPPORTING TRUST IA 501(C)(3) 11A COE COLLEGE 1 K RAYMOND CLARK ATHLETIC FACILTIES TRUST 1220 FIRST AVE NE CEDAR RAPIDS IA 52402 396787027 SUPPORTING TRUST IA 501(C)(3) 11A COE COLLEGE 1 K RAYMOND CLARK ALUMNI CENTER TRUST 1220 FIRST AVE NE CEDAR RAPIDS IA 52402 396787028 SUPPORTING TRUST IA 501(C)(3) 11A COE COLLEGE 1 K RAYMOND CLARK RACQUET CENTER TRUST 1220 FIRST AVE NE CEDAR RAPIDS IA 52402 396787026 SUPPORTING TRUST IA 501(C)(3) 11A COE COLLEGE 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 K RAYMOND CLARK ALUMNI CENTER TRUST C 19638 ACTUAL K RAYMOND CLARK ALUMNI CENTER TRUST Q 61691 ACTUAL K RAYMOND CLARK ATHLETIC FACILITIES C 154687 ACTUAL K RAYMOND CLARK RACQUET CENTER TRUST C 28715 ACTUAL K RAYMOND CLARK RACQUET CENTER TRUST Q 278532 ACTUAL