2014-01-14T14:29:15-07:00 2013-05-31 990 2012-06-01 420680389 SIMPSON COLLEGE SIMP 5159616251 701 North C St Indianola IA 50125 Ken Birkenholtz 5159616251 2014-01-15 2012 2015-11-30 17:44:51Z Jay K Simmons 701 North C St Indianola IA 50125 87386936 0 X www.simpson.edu X 1860 IA Simpson College is an independent, selective, church-related, comprehensive liberal arts college dedicated to excellence in higher education. The Simpson College community is equally committed to: Promoting integrative learning that enables students of all ages to develop intellectual and practical skills; Nurturing values which foster personal worth and individuality within a creative, diverse and just community; Graduating students who continue to grow as free, responsible and fulfilled individuals in the world of family, work, service and scholarship; Drawing upon our relationship with the United Methodist Church and our religious traditions that guide us on issues of personal integrity, moral responsibility, social justice and global citizenship. 41 40 1480 0 43634 0 3355049 6528746 49958214 52993961 2801352 5840878 864344 718742 56978959 66082327 19356397 20922948 0 0 21179085 21138936 0 0 1100062 16981517 17936783 57516999 59998667 -538040 6083660 138387983 152234759 34472575 37598541 103915408 114636218 Simpson College is an independent, selective, church-related, comprehensive liberal arts college dedicated to excellence in higher education. The Simpson College community is equally committed to: Promoting integrative learning that enables students of all ages to develop intellectual and practical skills; Nurturing values which foster personal worth and individuality within a creative, diverse and just community; Graduating students who continue to grow as free, responsible and fulfilled individuals in the world of family, work, service and scholarship; Drawing upon our relationship with the United Methodist Church and our religious traditions that guide us on issues of personal integrity, moral responsibility, social justice and global citizenship. 0 0 20922948 20922948 0 Scholarship Programs: Scholarships and grants to students. (1,405 students) 16865186 0 0 Higher Education Instruction: Instruction and academic support was provided to full and part-time students (1,897 students) 8933775 0 0 Student Services Programs: Student services, including student development, academic and career counseling, college chaplain, intercollegiate athletics, financial assistance and other services, was provided to full and part-time students. (1,897 students) 7382123 0 0 Student Services Auxiliary Enterprises: Auxiliary enterprises including housing, food services and conferencing facilities available for student use. (1,897 students) 7382123 0 0 54104032 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 2373 0 1 1480 1 1 1 0 0 0 0 1 1 0 0 0 0 X 41 40 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X Ken Birkenholtz 5159611512 701 N C Street Indianola IA 50125 Jessica Braunschweig-Norris 0.5 0 X 0 0 0 Jay R Byers 0.5 0 X 0 0 0 D Robert Downing 0.5 0 X 0 0 0 Steven C Fiterman 0.5 0 X 0 0 0 Allison Fleming 0.5 0 X 0 0 0 Barbara M Gartner 0.5 0 X 0 0 0 Ben F Gaumer 0.5 0 X 0 0 0 Darrell J Goodhue 0.5 0 X 0 0 0 Joseph D Hall 0.5 0 X 0 0 0 Jordan B Hansell 0.5 0 X X 0 0 0 Phillip E Harlow 0.5 0 X 0 0 0 Mark L Hill 0.5 0 X 0 0 0 Kay Hooper 0.5 0 X 0 0 0 Frederick S Hubbell 0.5 0 X 0 0 0 Steven G Johnson 0.5 0 X 0 0 0 Gage A Kent 0.5 0 X 0 0 0 Linda Koehn 0.5 0 X 0 0 0 Terrance J Lillis 0.5 X X 0 0 0 Fred Lorber 0.5 0 X 0 0 0 Mary Rose Main 0.5 0 X 0 0 0 Barbara A Miller 0.5 0 X 0 0 0 Mark C Miller 0.5 0 X 0 0 0 Rose K Mitchell 0.5 0 X 0 0 0 Owen J Newlin 0.5 0 X 0 0 0 Lizz S Nichols 0.5 0 X 0 0 0 James R Oplt 0.5 0 X 0 0 0 Nile D Ramsbottom 0.5 0 X 0 0 0 Sunnie Richer 1.0 0 X X 0 0 0 Robert G Riley Jr 0.5 0 X 0 0 0 Mark A Roberts 0.5 0 X 0 0 0 Gary L Ruble 0.5 0 X 0 0 0 Travis J Rychnovsky 0.5 0 X 0 0 0 Mary Sconiers Chapman 0.5 0 X 0 0 0 Deanna Strable-Soethout 0.5 0 X 0 0 0 Julius C Trimble 0.5 0 X 0 0 0 Kirk J Tyler 0.5 0 X 0 0 0 Thomas N Urban 0.5 0 X 0 0 0 David A Weesner 0.5 0 X 0 0 0 Richard M Willis 0.5 0 X X 0 0 0 P Sumner Worth 0.5 0 X 0 0 0 John W Byrd 40 0 X X 276572 0 67206 Kenneth I Birkenholtz 40 0 X 147395 0 17716 Steven J Griffith 40 0 X 127911 0 24440 Robert J Lane 40 0 X 141153 0 55949 James D Thorius 40 0 X 114795 0 16410 Ronald Warnet 40 0 X 114632 0 10742 Marvin Van Wyk 40 0 X 113876 0 17587 Kelley L Bradder 40 0 X 111003 0 16711 1147337 0 226761 9 0 1 0 Graham Construction Company 421 Grand Ave Des Moines IA 503092309 Construction Services 9780807 Chartwells Dining Services PO Box 91337 Chicago IL 606931337 Food Services 2079635 Sodexo Inc Affiliates 4880 Paysphere Circle Chicago IL 60674 Facilities Services 1963625 Air-Con Mechanical Corporation 1415 SE Pleasant View Dr Des Moines IA 50320 Construction Services 883173 Baker Group Inc 4224 Hubbell Ave Des Moines IA 503174508 Construction Services 695246 11 0 0 26892 0 923219 5578635 887696 6528746 Tuition and Fees 611310 43954749 43954749 0 0 Residence Halls 721310 4577225 4577225 0 0 Food Service 722210 4041678 4041678 0 0 Conference program 721000 350309 350309 0 0 Bookstore 451211 70000 70000 0 0 0 0 0 0 52993961 1243206 0 19224 1223982 41996 0 0 41996 13480 0 0 13480 194094 0 97987 0 96107 0 96107 0 0 96107 25739516 0 21183840 0 4555676 0 4555676 0 0 4555676 11233 26892 22782 -11549 0 -11549 0 0 0 0 0 0 0 0 0 0 0 0 Finance charges 611310 130716 130716 0 0 Administrative cost reimbursements 611310 75516 75516 0 0 Parking Fees 812930 52665 52665 0 0 361807 337397 24410 0 620704 66082327 53590255 43634 5919692 0 0 20922948 20922948 0 0 0 0 613649 148373 465276 0 0 0 0 0 15338611 13046423 1637506 654682 798368 669575 89743 39050 3270773 2659437 458174 153162 1117535 905571 159984 51980 0 0 0 0 32494 0 32494 0 59030 0 59030 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 288867 168885 119982 0 1567947 1261892 230983 75072 1382060 821465 559192 1403 0 0 0 0 3544518 3384633 159885 0 874393 764307 62222 47864 0 0 0 0 0 0 0 0 1030975 980964 48011 2000 0 0 0 0 3151400 2988325 147260 15815 0 0 0 0 Contracted Services 3966333 3937766 28567 0 Athletic teams 444875 444875 0 0 Memberships 150464 9325 141139 0 1443427 989268 395125 59034 59998667 54104032 4794573 1100062 12699 16549 8589729 5810970 3901824 3655980 1689218 1325037 0 0 0 0 0 0 0 0 792313 886299 109714806 48510899 51903906 61203907 30946894 36349704 37454829 39839804 3096571 3146509 0 0 0 0 138387983 152234759 6708540 8284629 0 0 0 0 23762257 23304396 0 0 0 0 0 2071386 375000 300000 3626778 3638130 34472575 37598541 X 28156034 40602144 26413478 23373215 49345896 50660859 103915408 114636218 138387983 152234759 6083660 4637150 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 1827 0 0 0 1827 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Simpson College is a member of the Iowa Association of Independent College and Universities (IAICU). As calculated by IAICU, twelve percent of the 2012-13 dues paid by the college are attributed to lobbying expenditures incurred by the organization. 0 117140 0 0 X 0 69166031 1824599 10411843 1467069 1226043 100000 78609361 73035697 162107 -1121618 1495296 1314859 100000 69166031 63588863 243488 12745410 1913688 1528376 100000 73035697 58316085 523858 8050948 1872464 1329564 100000 63588863 80660171 2782698 -21512800 1979047 1534937 100000 58316085 0.13 0.63 0.24 1 0 574111 2117066 2691177 958103 89627941 36850226 53735818 0 416834 145892 270942 0 14509004 11437080 3071924 119537 1392210 77701 1434046 61203907 0 F 0 F Guaranteed investment contract 960440 F Interest in common trust funds 20321316 F Interest in private equity limited partnerships 6348793 F Interest in hedge funds 5606823 F Interest in real estate investment trusts 2071035 F Beneficial interest in trusts 3380240 F Cash surrender valuie of life insurance policies 1144807 F Other 6350 F 39839804 0 Student, personnel and sundry deposits 963865 Interest rate swap agreements 260333 U.S. government loan funds refundable 2413932 3638130 49796529 4637150 0 0 0 4637150 45159379 0 20922948 20922948 66082327 39075719 0 0 0 0 0 39075719 0 20922948 20922948 59998667 SchD_P03_S00_L04 Schedule D, Part III, Line 4 The College maintains various artworks utilized primarily for the preservation of the heritage of the College and general public observation. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Simpson College endowment is intended to support the College's students by providing scholarships and loan funds and the endowment is intended to support the College by providing support for operations and facilities. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Student aid is netted against tuition and fees in the audited financial statements. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Student aid is netted against tuition and fees in the audited financial statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 College publications to students, alumni and friends of the College include a statement of the College's racially nondiscriminatory policy. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College receives student financial aid under Title IV and other assistance from the Federal government and from the State of Iowa. A significant portion of this assistance is "pass through" to qualifying students. Central America and the Caribbean 0 0 Program Services May Term course travel 3076 Europe (including Iceland and Greenland) 0 0 Program Services Student semester abroad and May Term course travel 141347 East Asia and the Pacific 0 0 Program Services Student semester abroad and May Term course travel 55937 South Asia 0 0 Program Services May Term course travel 16108 0 0 216468 0 0 0 0 0 0 Athletic Golf Outing 38125 26892 11233 0 4393 8208 7768 0 2413 0 0 38125 26892 11233 0 4393 8208 7768 0 2413 22782 -11549 1 Scholarships and grants to Simpson College students 1405 20922948 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Grants or assistance provided is for scholarships and grants to Simpson College students which are applied directly to the student's tuition charges. The Office of Financial Assistance awards scholarships and grants to students based on a variety of different criteria for each scholarship. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 John W Byrd 231294 0 45000 0 278 0 35699 0 31507 0 343778 0 0 0 Robert J Lane 138730 0 0 0 2423 0 11591 0 44358 0 197102 0 0 0 Kenneth I Birkenholtz 147395 0 0 0 0 0 11650 0 6067 0 165112 0 0 0 Steven J Griffith 127911 0 0 0 0 0 10603 0 13837 0 152351 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The president's spouse periodically travels with the President to official college functions. The spouse's travel is paid by the College when the official college function dictates such participation such as donor relations and alumni events. The President is provided a residence in which he/she is required to live. The residence is regularly used for College functions. An estimated fair value of $24,549 has been included under Part VII, Section A, column (F) of the Form 990. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The Executive Committee of the Board of Trustees consists of the Treasurer, Secretary and Chairman of the Board, which are all independent members of the Board of Trustees. The Committee is charged with reviewing and approving the compensation and benefits for the President. The Committee uses comparability data such as a survey issued to several private colleges regarding total compensation for a president conducted by an independent compensation consultant and salary data for private college administrator positions provided by a state association of independent private colleges. The Committee is required to inform the full Board of Trustees of all provisions and elements of the President's compensation. A Iowa Higher Education Loan Authority 421235696 462460SZ0 2005-02-15 11931200 See Part VI 0 0 0 B Iowa Higher Education Loan Authority 421235696 2009-11-19 12100000 See Part VI 0 0 0 A 0 0 12428144 960440 3674 0 166283 0 0 6579538 5402815 0 2005 0 1 1 1 B 874252 0 12106199 0 0 0 100000 0 0 6006199 6000000 0 2011 1 0 1 1 A 0 0 0 0 0 0 0 1 0 1 B 0 0 0 0 0 0 0 1 0 1 A 0 0 0 1 0 0 1 Societe Generale 30.8 1 0 1 B 0 1 1 0 1 1 Regions Bank 5 0 0 0 0 1 A 1 B 1 SchK_P01_S00_L00f Schedule K, Part I, Column f Line A - Refund of prior issue (6/1/1998), Various campus buildings and residence hall improvements. Line B - Refunding of taxable loan (9/10/2008), acquisition of machinery, equipment, property, and fixtures SchK_P02_S00_L03 Schedule K, Part II, Line 3 The total proceeds do not agree to the issue price in Part I, Column (e) due to investment earnings. The total proceeds do not equal the summation of lines 4 - 12 due to transferred or replacement proceeds in line 4. SchK_P04_S00_L02c Schedule K, Part IV, Line 2c Issuance A: Iowa Higher Education Loan Authority rebate computation was performed as of 01/31/2010. Douglas Shull Trustee is a director of a bank which has provided a loan to the College 605423 Interest and fees on loan with the bank 0 Rita Birkenholtz Spouse of officer of the College 37469 Annual compensation as a full-time employee in the Office of College Advancement 0 Karin Hooper Sister of a trustee of the College 30762 Annual compensation as a full-time employee in the College's library 0 X 13 702205 FMV X 1 145000 FMV X Athletic fundraising auction 79 24728 FMV X Use of vehicle provided to President 1 8521 Dealer lease rate X Misc gifts in kind 6 7242 FMV 0 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 The College has included the number of contributions received during the tax year in column (b). F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The return preparer reviewed a draft copy of the Form 990 with the President and Vice President for Business & Finance. The return preparer and the Vice President for Business & Finance reviewed the draft and addressed questions with a tax expert who is part of the accounting firm that audits the College. Appropriate changes were made to the Form 990 based on these reviews. Then, the final draft of the return was made available to all trustee members prior to filing. The return was provided electronically through the College portal and any comments or questions were directed to management or the Audit and Compliance Committee of the Board of Trustees. Finally, prior to the return filing, a meeting of the Audit and Compliance Committee fo the Board of Trustees was held in which management reviews the Form 990 with the Committee. The tax expert also participated in the meeting with the Audit and Compliance Committee. Appropriate changes were made to the Form 990 at the direction of the Audit and Compliance Committee before filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c As required by the College bylaws, all trustees, officers and key employees are required to disclose annually interest that could give rise to conflicts. All reported information is compiled under the direction of the President. Copies of the completed disclosure forms are provided to the Audit and Compliance Committee of the Board of Trustees who then determines whether further review or action is necessary. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Compensation Committee of the Board of Trustees consists of the Treasurer, Secretary, and Chairperson of the Board, which are all independent members of the Board of Trustees. The Committee is charged with reviewing and approving the compensation of cabinet-level administrators. The Committee uses comparability data such as a survey issued to several private colleges regarding total compensation for a president conducted by an independent compensation consultant and salary data for private college administrator positions provided by a state association of independent private colleges. Minutes of all Committee meetings are kept and maintained. The Committee is required to inform the full Board of Trustees of all provisions and elements of the President's compensation. The Committee last reviewed the compensation package of the President during the year ended in May 2013. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Upon written request to the President or Vice President for Business & Finance, the College will make its governing documents, conflict of interest policy, and financial statements available to the public.