CLARKE UNIVERSITY OF DUBUQUE IOWA: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CLARKE UNIVERSITY OF DUBUQUE IOWA (EIN 42-0680408)
- Tax period
- 2012-06-01 to 2013-05-31
- Filed
- 2013-11-20
- IRS object ID
- 201323249349301022
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-20T14:57:41-06:00 | Timestamp |
| Tax Period End Date | 2013-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3999 PENNSYLVANIA AVE SUITE 100 | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680408 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clarke University of Dubuque Iowa | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CLAR | NameControl |
| Phone | 5635886315 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 Clarke Drive | AddressLine1 |
| City | Dubuque | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Daisy Halvorson | Name |
| Title | Treasurer/VP for Business & Finance | Title |
| Phone | 5635886315 | Phone |
| Date Signed | 2013-11-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Carmen Krantz | Name |
| PTIN | P00031958 | PTIN |
| Phone | 5635561790 | Phone |
| Date Prepared | 2013-10-29 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Daisy Halvorson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 Clarke Drive | AddressLine1 |
| City | Dubuque | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 42297130 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.clarke.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1843 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | Catholic, co-educational, liberal arts university educating at post-secondary & graduate level | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 804 | TotalNbrEmployees |
| Total Nbr Volunteers | 27 | TotalNbrVolunteers |
| Total Gross UBI | 104428 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 3275 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3652389 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3818924 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 29213480 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 29877682 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1433719 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2978316 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 305520 | OtherRevenuePriorYear |
| Other Revenue Current Year | -92654 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 34605108 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36582268 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9068210 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9345509 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 14585911 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 34752 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15566324 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 153598 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1436029 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8088967 | OtherExpensePriorYear |
| Other Expenses Current Year | 8188893 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 31777840 | TotalExpensesPriorYear |
| Total Expenses Current Year | 33254324 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2827268 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3327944 | RevenuesLessExpensesCY |
| Total Assets BOY | 65136374 | TotalAssetsBOY |
| Total Assets EOY | 75560721 | TotalAssetsEOY |
| Total Liabilities BOY | 13615951 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 19116350 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51520423 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 56444371 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | We are a Catholic, co-educational, liberal arts university founded in 1843 by the Sisters of Charity of the Blessed Virgin Mary in Dubuque, Iowa. Clarke educates students at the post-secondary level in the liberal arts and sciences, the fine arts, selected professional programs, and graduate programs.We, the faculty, students, staff and administration are a caring, learning community committed to excellence in education. We provide a supportive environment that encourages personal and intellectual growth, promotes global awareness and social responsibility, and deepens spiritual values. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10597461 | Expense |
| Grants | 7464226 | Grants |
| Revenue | 25626347 | Revenue |
| Description | Clarke University is a liberal arts and sciences university focused on progressing with the times. Humble beginnings have developed into over 40 undergraduate and 5 graduate programs, including a best-in-class adult education program. We are an institution guided by steadfast principles. We believe one-on-one learning is the ratio for future scholars and laureates. We understand that without proper connections, a quality education is moot. We recognize that easy access to our educators is what sets us apart. It is more than a pledge. It is a progressive framework that has guided us for more than one-and-a-half centuries.Clarke confers the Associate of Arts (AA), Bachelor of Arts (BA), Bachelor of Science (BS), Bachelor of Science in Nursing (BSN), Bachelor of Fine Arts (BFA), Master of Arts in Education (MAE), Master of Business Administration (MBA), Master of Science in Nursing (MSN), Doctor of Nursing Practice (DNP) and Doctor of Physical Therapy (DPT).Clarke's fall 2012 total enrollment was 1,191 students. The average ACT score of the 2012 freshman class was 23 and the average high school grade-point-average was 3.33. In the last five years, an average of 95 percent of survey respondents reported being employed in their field or continuing their education. The student/faculty ratio is 10:1.During the 2011-2012 academic year, approximately 99 percent of Clarke's full-time, day-time students (who were eligible, and applied) received financial aid in the form of scholarships, grants, loans, and work-study. Students are encouraged to apply for financial aid. Renewable, merit-based scholarships include Presidential scholarships, Clarke grants, alumni/sibling discounts, and competitive fine arts and departmental awards. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11537921 | Expense |
| Grants | 1788037 | Grants |
| Revenue | 3762367 | Revenue |
| Description | Auxiliary Enterprises: Programs available to all 1,191 students including the residence halls, board plans, athletics, and the bookstore. Residence Hall capacity is 571 with occupancy of 408, or 71.5%. In the fall of 2012, all 408 resident students also had board plans with food service. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2549701 | Expense |
| Grants | 93246 | Grants |
| Revenue | 384540 | Revenue |
| Description | Student services: Resources provided to all 1,191 students by student activities, health services, counseling center, career center, admissions and financial aid. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2331007 | Expense |
| Description | Academic support programs | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 2331007 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 27016090 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 57 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 804 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 1 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joanne M Burrows SC PhD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5635886385 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 Clarke Drive | AddressLine1 |
| City | Dubuque | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Carolyn Sanders Haupert | |||||||
| Chair | 1.00 | X | X | 0 | 0 | 0 | |
| John P Beaver | |||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 | |
| Margaret Mary Cosgrove BVM | |||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Deanna McCormick-until 92012 | |||||||
| Treasurer/VP Business/Finance | 40.00 | X | 106435 | 0 | 5056 | ||
| Daisy Halvorson-started 22013 | |||||||
| Treasurer/VP Business/Finance | 40.00 | X | 0 | 0 | 0 | ||
| Mary Lou Anglin BVM | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mary Rose Corrigan-Psihoyos | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Timothy J Conlon | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Richard P Friedman CPCU | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Carolyn Fitzgerald Gantz | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Margaret Geraghty BVM | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Teri Hawks Goodman | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Richard Gregory | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Suzanne McGovern Juergens | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Nancy Swift Klauer | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Teri Hadro | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Thomas V Lynch CLUCHFC | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Ann Harrington | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mira Mosle BVM | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Brendan T Quann | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James Schmitt | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| John D Stavnes | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James H Thompson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert C Wahlert | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert H Wahlert | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Radm Ronald C Wilgenbusch USN | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Thomas P Williams DDS MD | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Rev Thomas R Zinkula | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Mary Ann Zollmann BVM PhD | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jennifer Collins Westphal | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Joanne M Burrows SC PhD | |||||||
| President and Trustee | 40.00 | X | X | 191363 | 0 | 52269 | |
| Joan Lingen BVM PhD | |||||||
| Provost/VP of Academic Affairs | 40.00 | X | 0 | 0 | 120118 | ||
| William Biebuyck | |||||||
| VP-Institutional Advance | 40.00 | 140352 | 0 | 25713 | X | ||
| Elizabeth Triplett | |||||||
| VP-Enrollment Management | 40.00 | 137339 | 0 | 14129 | X | ||
| Roberta Lavin | |||||||
| Professor | 40.00 | 104901 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 680390 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 217285 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Conlon Construction | |||||
| PO Box 3400 | Dubuque | IA | 52004 | Construction services | 5770487 |
| BG Brecke | |||||
| 4140 F Ave NW | Cedar Rapids | IA | 52405 | Construction services | 459530 |
| Clark Enersen Partners | |||||
| 1010 Lincoln Mall Ste 200 | Lincoln | NE | 685082883 | Architectural design services | 372414 |
| Sodexo Operations LLC | |||||
| 4880 Paysphere Circle | Chicago | IL | 60674 | Facilities management | 148286 |
| Tri-State Travel | |||||
| PO Box 307 | Galena | IL | 61036 | Travel services | 122008 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 46608 | FundraisingEvents |
| Government Grants | 913552 | GovernmentGrants |
| All Other Contributions | 2858764 | AllOtherContributions |
| Noncash Contributions | 1152063 | NoncashContributions |
| Total Contributions | 3818924 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Tuition and fees | 611310 | 25626347 | 25626347 | |
| Auxiliary enterprises | 611710 | 3570124 | 3570124 | |
| Supporting revenue | 900099 | 384540 | 384540 | |
| Conf/event catering | 722320 | 296671 | 192243 | 104428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 29877682 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 865483 | TotalRevenueColumn |
| Exclusion | $865,483 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 43543 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 43543 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43543 | TotalRevenueColumn |
| Exclusion | $43,543 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7030565 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4917732 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2112833 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2112833 | TotalRevenueColumn |
| Exclusion | $2,112,833 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 37541 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 46608 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 23179 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14362 | TotalRevenueColumn |
| Exclusion | $14,362 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 623392 | GrossSalesOfInventory |
| Cost Of Goods Sold | 773951 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -150559 | TotalRevenueColumn |
| Exclusion | -$150,559 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36582268 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29773254 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 104428 | UnrelatedBusinessRevenue |
| Exclusion | $2,885,662 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9345509 | Total |
| Program Services | 9345509 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 429514 | Total |
| Program Services | 67742 | ProgramServices |
| Management And General | 294030 | ManagementAndGeneral |
| Fundraising | 67742 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12252605 | Total |
| Program Services | 9879893 | ProgramServices |
| Management And General | 1705810 | ManagementAndGeneral |
| Fundraising | 666902 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 503448 | Total |
| Program Services | 384583 | ProgramServices |
| Management And General | 84521 | ManagementAndGeneral |
| Fundraising | 34344 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1510889 | Total |
| Program Services | 590226 | ProgramServices |
| Management And General | 878390 | ManagementAndGeneral |
| Fundraising | 42273 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 869868 | Total |
| Program Services | 683158 | ProgramServices |
| Management And General | 137452 | ManagementAndGeneral |
| Fundraising | 49258 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135928 | Total |
| Management And General | 135928 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20116 | Total |
| Program Services | 20116 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49015 | Total |
| Management And General | 49015 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153598 | Total |
| Fundraising | 153598 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66968 | Total |
| Management And General | 66968 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 466185 | Total |
| Program Services | 227281 | ProgramServices |
| Management And General | 238904 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320062 | Total |
| Program Services | 320062 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2035911 | Total |
| Program Services | 1615383 | ProgramServices |
| Management And General | 315488 | ManagementAndGeneral |
| Fundraising | 105040 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263295 | Total |
| Program Services | 88937 | ProgramServices |
| Management And General | 87179 | ManagementAndGeneral |
| Fundraising | 87179 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 822817 | Total |
| Program Services | 822817 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 456506 | Total |
| Program Services | 381091 | ProgramServices |
| Management And General | 24721 | ManagementAndGeneral |
| Fundraising | 50694 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72384 | Total |
| Program Services | 52276 | ProgramServices |
| Management And General | 18968 | ManagementAndGeneral |
| Fundraising | 1140 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135549 | Total |
| Program Services | 119093 | ProgramServices |
| Management And General | 8228 | ManagementAndGeneral |
| Fundraising | 8228 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1671498 | Total |
| Program Services | 1468580 | ProgramServices |
| Management And General | 101459 | ManagementAndGeneral |
| Fundraising | 101459 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177507 | Total |
| Program Services | 154326 | ProgramServices |
| Management And General | 23181 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Stipends and casual lab | 363637 | 230993 | 132644 | |
| Food and entertainment | 191311 | 91686 | 83112 | 16513 |
| Memberships | 166460 | 53719 | 102588 | 10153 |
| Bad debt expense | 38582 | 38582 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 735162 | Total |
| Program Services | 418619 | ProgramServices |
| Management And General | 275037 | ManagementAndGeneral |
| Fundraising | 41506 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33254324 | Total |
| Program Services | 27016090 | ProgramServices |
| Management And General | 4802205 | ManagementAndGeneral |
| Fundraising | 1436029 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2878574 | BOY |
| EOY | 1810 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5537523 | BOY |
| EOY | 2455975 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1464976 | BOY |
| EOY | 1371798 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703906 | BOY |
| EOY | 799501 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297269 | BOY |
| EOY | 115762 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 507662 | BOY |
| EOY | 269156 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 65400564 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 30244976 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22936629 | BOY |
| EOY | 35155588 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27483027 | BOY |
| EOY | 31649480 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 466135 | BOY |
| EOY | 474136 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1497175 | BOY |
| EOY | 1577540 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1363498 | BOY |
| EOY | 1689975 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65136374 | BOY |
| EOY | 75560721 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2202107 | BOY |
| EOY | 3081471 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 657656 | BOY |
| EOY | 620145 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8055340 | BOY |
| EOY | 12186727 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117989 | BOY |
| EOY | 130071 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 349639 | BOY |
| EOY | 971786 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 150000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1983220 | BOY |
| EOY | 1976150 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13615951 | BOY |
| EOY | 19116350 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34895044 | BOY |
| EOY | 38150279 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5512031 | BOY |
| EOY | 6649783 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11113348 | BOY |
| EOY | 11644309 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51520423 | BOY |
| EOY | 56444371 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65136374 | BOY |
| EOY | 75560721 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3327944 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1596004 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 115000 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29994218 | BeginningOfYearBalance |
| Contributions | 197596 | Contributions |
| Investment Earnings Or Losses | 4345265 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 177397 | GrantsOrScholarships |
| Other Expenditures | 2855837 | OtherExpenditures |
| Administrative Expenses | 66968 | AdministrativeExpenses |
| End Of Year Balance | 31436877 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 30825048 | BeginningOfYearBalance |
| Contributions | 2200050 | Contributions |
| Investment Earnings Or Losses | -1903236 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 153993 | GrantsOrScholarships |
| Other Expenditures | 908377 | OtherExpenditures |
| Administrative Expenses | 65274 | AdministrativeExpenses |
| End Of Year Balance | 29994218 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26488797 | BeginningOfYearBalance |
| Contributions | 276028 | Contributions |
| Investment Earnings Or Losses | 5436190 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 128881 | GrantsOrScholarships |
| Other Expenditures | 1167754 | OtherExpenditures |
| Administrative Expenses | 79332 | AdministrativeExpenses |
| End Of Year Balance | 30825048 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24107394 | BeginningOfYearBalance |
| Contributions | 330416 | Contributions |
| Investment Earnings Or Losses | 3045649 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 172221 | GrantsOrScholarships |
| Other Expenditures | 745589 | OtherExpenditures |
| Administrative Expenses | 76852 | AdministrativeExpenses |
| End Of Year Balance | 26488797 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23772119 | BeginningOfYearBalance |
| Contributions | 5530281 | Contributions |
| Investment Earnings Or Losses | -4380679 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 183104 | GrantsOrScholarships |
| Other Expenditures | 550816 | OtherExpenditures |
| Administrative Expenses | 80407 | AdministrativeExpenses |
| End Of Year Balance | 24107394 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.64330 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.32470 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03200 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 390119 | OtherCostOrOtherBasis |
| Book Value | 390119 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41562034 | OtherCostOrOtherBasis |
| Depreciation | 22735896 | Depreciation |
| Book Value | 18826138 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9114488 | OtherCostOrOtherBasis |
| Depreciation | 6026349 | Depreciation |
| Book Value | 3088139 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14333923 | OtherCostOrOtherBasis |
| Depreciation | 1482731 | Depreciation |
| Book Value | 12851192 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35155588 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Due to US Government - loan programs | $1,145,924 |
| Asset retirement obligation | $767,868 |
| Annuities payable | $62,358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1976150 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 30090685 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1596004 | NetUnrealizedGainsInvestments |
| Other Revenues | -8817749 | OtherRevenues |
| Revenue Not Rptd F990 | -7221745 | RevenueNotRptdF990 |
| Revenue Subtotal | 37312430 | RevenueSubtotal |
| Investment Expenses Not Included | 66968 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -797130 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -730162 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36582268 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25166737 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 797130 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 797130 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24369607 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 66968 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 8817749 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 8884717 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 33254324 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | The collection consists of a limited heritage edition of world-renowned Saint John's Bible. The heritage edition is a completely handwritten and illustrated re-creation of the original Saint John's Bible. The Saint John's Bible is a significant representation of the Word of God and a compelling work of art. This rare gift to Clarke will serve as a testament to our Catholic heritage and it will be a source of pride for the University and community. The University plans to exhibit the Bible as volumes are received and is planning a speaker series to accompany each volume's arrival. | |
| Part IV, Line 2b: | Student deposit accounts are held by the University for various student groups on campus. | |
| Part V, Line 4: | The endowment funds are invested to provide for total return. Spending from the endowment supports scholarship and other educational activities. The University has determined that their beneficial interest in a perpetual trust and permanently restricted contributions receivable should not be included as endowment funds in the footnote of the financial statements and on Schedule D of the Form 990. The trust is managed by an outside trustee per the donor's request. Therefore the University is not able to appropriate or accumulate donor-restricted endowment funds. The amount has been removed from Schedule D, Part V, column (a) current year in the other expenditure for facilities and programs. | Description of Intended Use of Endowment Funds: |
| Part X, Line 2: | Clarke University is recognized as exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The University is subject to federal and state income taxes on any net income from unrelated business activities. The University files a Form 990 (Return of Organization Exempt from Income Tax) annually. When these returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the tax position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to universities include such matters as the following: the tax exempt status of each entity and various positions relative to potential sources of unrelated business taxable income (UBIT). UBIT is reported on Form 990-T, as appropriate. The benefit of tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions are not offset or aggregated with other positions. Tax positions that meet the "more likely than not" recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for uncertain tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of May 31, 2013 and 2012, there were no uncertain tax benefits identified and recorded as a liability. Form 990-T filed by the University is subject to examination by the Internal Revenue Service (IRS) up to three years from the extended due date of the return. Forms 990-T filed by the University are no longer subject to examination for the fiscal years ended May 31, 2009, and prior. | Description of Uncertain Tax Positions Under FIN 48: |
| Scholarships and grants included in expenses for Form 990 -8,817,749. | Part XI, Line 2d - Other Adjustments: | |
| Book store cost of goods sold included in revenue for Form 990 -773,951. Fundraising expenses included in revenue for Form 990 -23,179. | Part XI, Line 4b - Other Adjustments: | |
| Book store cost of goods sold included in revenue for Form 990 773,951. Fundraising expenses included in revenue for Form 990 23,179. | Part XII, Line 2d - Other Adjustments: | |
| Scholarships and grants included in expenses for Form 990 8,817,749. | Part XII, Line 4b - Other Adjustments: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | Clarke does not make any public disclosures in the media regarding its nondiscrimination policy when recruiting students. However, Clarke does include a statement in the Magazine of Clarke, the website and other printed materials such as brochures and applications. All public job postings include a statement that Clarke is an equal opportunity employer. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | Financial aid or assistance from a governmental agency is distributed to students using federally approved financial need analysis criteria. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| McAllister & Quinn | ||||||||
| 1030 15th St NW Ste 590 West | Washington | DC | 20005 | Grantwriting services | 0 | 698002 | 89397 | 608605 |
| The Stelter Company | ||||||||
| 10435 New York Ave | Des Moines | IA | 50322 | Planned giving website and newsletter | 0 | 0 | 17603 | -17603 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 698002 | TotalGrossReceipts |
| Total Retained By Contractors | 107000 | TotalRetainedByContractors |
| Total Net To Organization | 591002 | TotalNetToOrganization |
| Licensed States | IA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Classic | NameOfEvent1 |
| Gross Receipts Event1 | 84149 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 46608 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 37541 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 17422 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 5757 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 84149 | GrossReceiptsTotal |
| Charitable Contributions Total | 46608 | CharitableContributionsTotal |
| Gross Revenue Total Events | 37541 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 17422 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 5757 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 23179 | DirectExpenseSummaryEvents |
| Net Income Summary | 14362 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Endowed scholarships | 216 | 260096 |
| Endowed awards | 51 | 8927 |
| Institutional scholarships | 742 | 8267597 |
| Federal SEOG grants | 226 | 91967 |
| Tuition remission & other waivers | 36 | 409563 |
| Tuition exchange | 6 | 108470 |
| Advanced education nursing traineeship | 23 | 198089 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Grants and scholarships are awarded to students based on specific criteria detailed in the various grant/scholarship agreements. Members of the financial aid office and various scholarship/award committees review records for all potential recipients to ensure that the scholarship/award is being awarded properly. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joanne M Burrows SC PhD | ||||||||||||||
| President and Trustee | 185384 | 0 | 0 | 0 | 5979 | 0 | 9675 | 0 | 43666 | 0 | 244704 | 0 | 0 | 0 |
| William Biebuyck | ||||||||||||||
| VP-Institutional Advance | 133831 | 0 | 0 | 0 | 6521 | 0 | 7384 | 0 | 19237 | 0 | 166973 | 0 | 0 | 0 |
| Elizabeth Triplett | ||||||||||||||
| VP-Enrollment Management | 136970 | 0 | 0 | 0 | 369 | 0 | 7023 | 0 | 7978 | 0 | 152340 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | Joanne Burrows, SC, Ph.D., President, receives a housing non-taxable benefit which is reported as other compensation on Form 990, Part VII, Section A, Column (F) and Schedule J, Page 2, Part II, Column (D). A plaque in the house states the house was donated to Clarke for use as the Presidential residence. The President conducts significant business activities and university related entertainment on university property. The residence is owned by Clarke and designated the Official University Presidential House. The Organization pays country club dues on behalf of Joanne Burrows, SC, Ph.D., President and William Biebuyck, Vice President for Institutional Advancement. This is a taxable benefit to the employee and is reported in reportable compensation on Form 990, Part VII, Section A, Column (D) and Schedule J, Part II, Column (B)(III). |
| Part I, Line 1b | The Organization does not have its own written policy regarding payment or reimbursement of expenses for the country club dues, however it follows the IRS tax law related to taxable employer benefits for the employees for which the University pays country club dues. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Iowa Higher Education Loan Authority - Series A | |||||||
| A | 421235696 | 2012-05-25 | 8000000 | Refunding bonds issued 1/22/98 and new science facility | 0 | 0 | 0 |
| Iowa Higher Education Loan Authority - Series B | |||||||
| B | 421235696 | 2012-05-25 | 8000000 | Science facility | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|
| A | 8000946 | 116978 | 35853 | 7848115 | 1 | 0 | 1 | 1 | |
| B | 8000000 | 15934 | 35853 | 4057910 | 0 | 0 | 0 | 1 | 3890303 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| B | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule K, Part II, Line 11, Column A: | The other spent proceeds were used to currently refund bonds originally issued on January 22, 1998. |
| Schedule K, Part II, Line 3, Column A: | The amount of interest earned on the bond proceeds while they were held in the project fund during FY 2013 was $946. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Conlon Construction Co | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Timothy Conlon, Trustee is an owner and officer of Conlon Construction Co. | Relationship |
| Amount Of Transaction | 9626370 | AmountOfTransaction |
| Description Of Transaction | Payment for construction services | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5600 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Retail sales price | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 19370 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Thrift store value | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1101259 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair market value | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 23 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3532 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Retail sales price | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Discounted golf | 38 | 13776 | Discounted amount |
| X | Gift certificates | 39 | 7174 | Face value |
| X | Tickets and passes | 7 | 1352 | Face value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | Quantities reported indicate the number of contributions. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Chair of the Board of Trustees at each annual meeting appoints an Executive Committee which consists of the Chair of the Board of Trustees, the President of the University, the President of the Sisters of Charity of the Blessed Virgin Mary and not less than five nor more than eleven members selected from the Board of Trustees. The Executive Committee has full charge of the affairs of the corporation between regular meetings of the Board of Trustees, subject to the conditions or limitations hereinafter imposed. Excluded from the powers and authority of this Committee are the following: 1. Power to adopt, amend or repeal the Articles of Incorporation or Bylaws; 2. Election of officers of or filling vacancies on the Board of Trustees; 3. Election of or removal of officers of the corporation; 4. Power to act on mergers or consolidations; 5. Appointment of or discharge of standing committees of the Board of Trustees; 6. Undertaking or authorization of major financing, as defined by the Debt Policy, unless specifically authorized to undertake and to negotiate financing in excess of such amount by the Board of Trustees; 7. Authority to fix officers' compensation unless specially authorized by the Board of Trustees; 8. Power to fix student fees, room and board charges, or tuition, except after presentation to the Board of Trustees and then only within the parameters as are set by the Board of Trustees; 9. Sale, lease or disposition of real estate; 10. Such other aspects of the corporation's business as the Board of Trustees may from time to time by resolution specifically restrict; 11. Confer degrees, earned or honorary. |
| Form 990, Part VI, Section A, line 2 | Robert H. Wahlert, Trustee and Robert C. Wahlert, Trustee have a family relationship. |
| Form 990, Part VI, Section A, line 5 | The University identified a theft in the amount of $307,000 believed to have been stolen by a former employee who created a shell company and provided invoices for payment from the company to the University. Insurance proceeds covered $250,000 of this loss. |
| Form 990, Part VI, Section A, line 7b | The Board of Trustees has general powers, duties, and responsibilities with regard to governance of the organization. In addition, pursuant to the Bylaws of the Organization, a Board of Corporators consisting of nine (9) specific individuals from the Board of Trustees, has authority to: A. adopt, alter, amend or repeal the Bylaws of the Corporation; B. exercise, in its discretion, the power of disaffirmation with regard to Board of Trustee decisions/actions. Disaffirmation requires a majority vote of the Board of Corporators and must be exercised within five (5) days of the Board of Trustee decision/action being disaffirmed; C. exercise such other powers as it may, from time to time, reserve to itself. Each member of the Board of Corporators is entitled to one (1) vote. |
| Form 990, Part VI, Section B, line 11 | The review of the Form 990 is delegated by the Board of Trustees of Clarke University to the Audit Committee comprised of members of management of Clarke and several Trustees who serve on the Board. The Audit Committee meets to review the completed Form 990 with the paid tax preparer. Any revisions are made and subsequently approved by the committee prior to the full board meeting. All Trustees receive a final copy of the Form 990 after it is approved by the Audit Committee and before it is filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | Any duality of interest or possible conflict of interest on the part of any Board of Trustee member shall be disclosed to the other members of the board of Trustees and made a matter of record through an annual procedure and also when the conflict of interest becomes a matter of action by the Board of Trustees. Any Board of Trustee member having a duality of interest or possible conflict of interest on any matter shall not vote or use his or her personal influence on the matter, and he or she shall not be counted in determining the quorum situation. The foregoing requirements shall not be construed as preventing the Board of Trustee member from briefly stating his or her position in the matter, nor from answering the pertinent questions of other Board of Trustee members since his or her knowledge may be of great assistance. Any new member of the Board will be advised of this policy upon entering upon the duties of his and her office. |
| Form 990, Part VI, Section B, line 15 | The Board has a conversation during an executive session meeting each January regarding the President's compensation and the contract terms. A small ad hoc group composed of the Chair, Vice Chair, and Trustee/legal counsel meet to discuss the President's compensation. They review comparative salaries and benefits for other presidents in the Iowa Association of Independent College & Universities (IAICU), and prepare a recommendation for the full Board to approve. The recommendation is approved or rejected by the Board at the April meeting. The Audit Committee reviews the compensation for the other officers of the Organization and uses comparability data from the IAICU for similar positions. The other officers receive the same compensation increase as other salaried and faculty employees on an annual basis. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and audited financial statements of Clarke University are available upon request. In addition, our university-wide conflict of interest policy is available on our website in the employment manual. Our financial statements are also posted on the National Association of College and University Business Officers' website. |
| Form 990, Part VII, Section A: | Compensation reported for Joan Lingen, BVM, Ph.D.: Joan Lingen, BVM, Ph.D. is a member of a religious order and has taken a bona fide vow of poverty and receives no taxable compensation from Clarke University on either Form W-2 or Form 1099. Clarke University has taken the position to report the compensation and benefits even though it is not required. Detail of the salary and benefits related to this position are as follows: Base compensation (paid directly to BVM): $114,073 Deferred compensation Retirement contribution (paid to BVM for BVM plan): 4,917 Health insurance premiums (paid to BVM for BVM plan): 1,128 Total compensation to Part VII, Line 32, Column F: $120,118 Employer paid life and LTD insurance premiums not reportable on Part VII: 700 Total compensation: $120,818 |