2013-02-13T10:00:07-06:00 2012-06-30 CROWE HORWATH LLP 10 West Broad Street Suite 1700 Columbus OH 432153713 990 2011-07-01 344431169 THE UNIVERSITY OF FINDLAY UNIV 4194344524 1000 North Main Street Findlay OH 45840 MARTY TERRY 2013-02-15 false Rachel Spurlock P00520729 6144690001 2011 2016-02-25 16:41:14Z C RICHARD BECKETT 1000 N Main St Findlay OH 45840 125774351 false X WWW.FINDLAY.EDU X 1882 OH THE MISSION OF THE UNIVERSITY OF FINDLAY IS TO EQUIP OUR STUDENTS FOR MEANINGFUL LIVES AND PRODUCTIVE CAREERS. 41 38 2247 491 9128 0 11549194 12392055 109372735 108665510 2836673 1724345 3191895 1159573 126950497 123941483 41243360 41375617 0 0 43751162 46351107 9104 12396 684309 31451954 29635871 116455580 117374991 10494917 6566492 150735292 158105023 50680651 54202410 100054641 103902613 THE MISSION OF THE UNIVERSITY OF FINDLAY IS TO EQUIP OUR STUDENTS FOR MEANINGFUL LIVES AND PRODUCTIVE CAREERS. false false 81901130 41297867 78826521 UNIVERSITY OF FINDLAY IS A COMPREHENSIVE, PRIVATE UNIVERSITY THAT OFFERS BOTH UNDERGRADUATE AND GRADUATE STUDIES AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. UNIVERSITY OF FINDLAY OFFERS MORE THAN 60 AREAS OF UNDERGRADUATE STUDY AND HAS A CURRENT UNDERGRADUATE ENROLLMENT OF NEARLY 2,742 STUDENTS. SOME OF THE MORE POPULAR UNDERGRADUATE PROGRAMS INCLUDE: BUSINESS (353 STUDENTS), EDUCATION (194 STUDENTS), HEALTH PROFESSIONS (543 STUDENTS), PHARMACY (250 STUDENTS), LIBERAL ARTS (350 STUDENTS), NATURAL SCIENCE (901 STUDENTS) AND OTHER (151 STUDENTS). MANY OF THE UNIVERSITY'S PROGRAMS HAVE A NATIONAL REPUTATION INCLUDING PRE-VETERINARY MEDICINE AND EQUESTRIAN STUDIES. 12625826 77750 17381875 UNIVERSITY OF FINDLAY OFFERS A VARIETY OF GRADUATE PROGRAMS INCLUDING: MASTERS OF BUSINESS (209 STUDENTS), EDUCATION (254 STUDENTS), HEALTH PROFESSIONS SUCH AS PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND ATHLETIC TRAINING (266 STUDENTS), PHARMACY (108 STUDENTS), LIBERAL STUDIES (40 STUDENTS) AND SCIENCE (59 STUDENTS). TOTAL GRADUATE STUDENTS CURRENTLY ENROLLED ARE MORE THAN 936. 10695625 0 13592191 UNIVERSITY OF FINDLAY HAS MANY AUXILIARY DEPARTMENTS THAT PROVIDE SERVICES TO THEIR STUDENTS, THESE AUXILIARY DEPARTMENTS INCLUDE DORMITORIES FOR STUDENT LIVING, DINING HALLS, ATHLETIC DEPARTMENTS, CAMPUS STORES FOR STUDENTS AND THE UNIVERSITY'S ON-CAMPUS VETERINARY CLINIC. 105222581 true true false true false false true false true true true false false true true true false true false true false false false true false false false true true true false false false false false false true false true true true true false false false true false false false false true 7331 0 true 2247 true true true false false false false true true false false false false X 41 38 false false false false false false false true true false false true true true true true true true false false X DANE ERFORD 4194344524 1000 N MAIN ST FINDLAY OH 45840 AR CHARNES 1.00 X X 0 0 0 C RICHARD BECKETT 1.00 X X 0 0 0 RICHARD WHITE 1.00 X X 0 0 0 BRIAN WASHINGTON 1.00 X 0 0 0 BRIAN YOUNG 1.00 X 0 0 0 C PAUL PALMER IV 1.00 X 0 0 0 CHARLES YOUNGER 1.00 X 0 0 0 CLIFFORD COOK 1.00 X 0 0 0 CRAIG CROTTEAU 1.00 X 0 0 0 DENNIS BISHOP 1.00 X 0 0 0 DONALD CARTER 1.00 X 0 0 0 DWIGHT MILLER 1.00 X 0 0 0 EDWARD J URBANIAK JR 1.00 X 0 0 0 EDWARD ROSENBERRY 1.00 X 0 0 0 GARY HARPST 1.00 X 0 0 0 GEORGE SHOWERS 1.00 X 0 0 0 HAROLD WOLFE 1.00 X 0 0 0 JAMES APPOLD 1.00 X 0 0 0 JAMES C KOEHLER II 1.00 X 0 0 0 JAMES W WALPOLE 1.00 X 0 0 0 JEREMY PEMBERTON 1.00 X 0 0 0 JOANN DAVIDSON 1.00 X 0 0 0 JOHN BODART 1.00 X 0 0 0 JOHN HAYWOOD 1.00 X 0 0 0 KARL HEMINGER 1.00 X 0 0 0 KOLLEEN KIRK 1.00 X 0 0 0 L DON MANLEY 1.00 X 0 0 0 L JACK RUSCILLI 1.00 X 0 0 0 LYNN CHILD 1.00 X 0 0 0 MARK CASSIN 1.00 X 0 0 0 MARY ETTER DISSINGER 1.00 X 0 0 0 MARY LEHMAN 1.00 X 0 0 0 MICHAEL HARRINGTON 1.00 X 0 0 0 MICHAEL OXLEY 1.00 X 0 0 0 MICHAEL WALKER 1.00 X 0 0 0 PAMELA BEALL 1.00 X 0 0 0 PENNY MOSHER 1.00 X 0 0 0 RICHARD HOLLINGTON JR 1.00 X 0 0 0 RICHARD LONGSDERFF 1.00 X 0 0 0 ROBERT FRY 1.00 X 0 0 0 THOMAS LUCAS 1.00 X 0 0 0 THOMAS WEISSLING 1.00 X 0 0 0 TIM NESLER 1.00 X 0 0 0 WILLIAM REIST 1.00 X 0 0 0 WILLIAM RUSE 1.00 X 11700 0 0 DANE ERFORD 40.00 X 96868 0 10549 DANIEL MAY 40.00 X 154958 0 31564 DAVID EMSWELLER 40.00 X 121128 0 32300 DAVID FERGUSON 40.00 X 211123 0 15595 JOHN MOSSER STARTED 1112 40.00 X 0 0 0 KATHERINE R FELL 40.00 X 234500 0 79652 MARTIN TERRY 40.00 X 158406 0 29164 SUE PIRSCHEL 19.00 X 20940 0 0 DONALD STANSLOSKI 40.00 X 180279 0 28592 PARTICK MALONE 40.00 X 133594 0 22601 PAUL SEARS 40.00 X 144350 0 29400 RANDALL VAN DYNE 40.00 X 134260 0 28218 RAYMOND MCCANDLESS 40.00 X 142515 0 26389 1744621 0 334024 38 false true false CHARLES CONSTRUCTION 811 EAST BIGELOW AVE FINDLAY OH 458401546 CONSTRUCTION 5011236 SODEXO 1000 N MAIN STREET FINDLAY OH 45840 FOOD SERVICE 2811034 GREENSLEEVES 1511 E STATE ROAD 434 SUITE 2001 WINTER SPRINGS FL 32708 CONSTRUCTION 1883750 CSI CONSTRUCTION 13860 TWP HWY 42 CAREY OH 43316 CONSTRUCTION 759525 ACI CONSTRUCTION 2959 SOUTH US 23 ALVADA OH 44802 CONSTRUCTION 562138 23 74700 6278824 6038531 3493594 12392055 TUITION AND FEES 611710 92626016 92626016 DORMITORIES 721310 6550264 6550264 DINING HALLS 722210 4329909 4329909 MISCELLANEOUS AUXILLARY 611710 2447323 2445316 2007 CAMPUS STORE 451211 2146407 2146407 565591 565591 0 0 108665510 1104565 7121 1097444 0 0 243341 239552 3789 0 3789 3789 2146150 1526370 619780 0 619780 619780 59770 74700 66946 -7176 -7176 0 0 INTEREST ON STUDENT ACCOUNTS 990009 170768 170768 DINING HALL REBATE 722210 113791 113791 OVERSEAS PROGRAMS 611710 63450 63450 814951 787068 0 27883 1162960 123941483 109798580 9128 1741720 0 41375617 41375617 0 0 976983 976983 223108 223108 34717647 28940218 5484918 292511 2101814 1679046 404780 17988 5958894 4584268 1247144 127482 2372661 1968459 385233 18969 0 75586 75586 97300 97300 60237 60237 12396 12396 108651 108651 7958038 7426482 522567 8989 542726 496796 45930 4608497 3787128 809932 11437 598001 489981 108020 0 3050725 2972681 74126 3918 1950578 1691292 219453 39833 0 291908 240677 49991 1240 1286589 1286582 7 0 4452668 4403444 49224 0 PURCHASE FOR RESALE 1366051 1366051 MAINTENANCE 917721 644159 252990 20572 CLINICAL STIPENDS 487770 409886 77884 EQUIPMENT LEASES 327217 161764 165453 1455608 1237813 88828 128967 117374991 105222581 11468101 684309 0 429874 259220 11209982 12001794 1870613 1710508 2534940 2108538 1410440 1336624 686727 658993 407187 437726 151771164 46084804 93698162 105686360 22635200 19858039 14570087 12820926 0 0 1282080 1226295 150735292 158105023 14940281 13905062 2634194 2662215 23919564 21777235 4167239 10860397 5019373 4997501 50680651 54202410 X 67750845 71802732 12018468 10683909 20285328 21415972 100054641 103902613 150735292 158105023 X 6566492 -2718520 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 60237 false false 60237 false Description of the activities reported on Lines 1a through 1i Schedule C, Part II-B, Line 1 THE UNIVERSITY UTILIZED A CONSULTING FIRM TO ASSIST IT IN RECEIVING GRANTS THROUGH THE FEDERAL GOVERNMENT AND OTHER SOURCES. 2692329 6274309 X X X X false 26599812 1130644 -1343437 734707 69099 25583213 21972992 699682 4800068 805203 67727 26599812 18034477 2798763 1979042 781688 57602 21972992 24023302 735936 -6724761 0 0 0 18034477 0.00000 0.83710 0.16290 false false 7553231 7553231 95018700 25295812 69722888 0 20565900 15448610 5117290 28633333 5340382 23292951 105686360 0 0 REAL ESTATE FUNDS 1417448 F PRIVATE EQUITY FUNDS 1549479 F HEDGE FUND OF FUNDS 7801548 F LIMITED PARTNERSHIP INTERESTS 2052451 F 12820926 0 TUITION AND ROOM ADVANCES 1391210 NDSL PROGRAM 1667664 FUNDS HELD FOR AGENCY 942397 INTEREST RATE SWAP 767742 FUNDS HELD IN TRUST 228488 4997501 123941483 117374991 6566492 -2171415 -547105 -2718520 3847972 80199165 -2171415 1331494 -839921 81039086 108651 42793746 42902397 123941483 76351193 1331494 1331494 75019699 108651 42246641 42355292 117374991 Collections of art - description of collections Schedule D, Part III, Line 4 THE MAZZA MUSEUM IS DEDICATED TO COLLECTING, EXHIBITING AND PRESERVING ORIGINAL ART FROM CHILDREN'S PICTURE BOOKS. THE MUSEUM IS THE WORLD'S FIRST AND LARGEST TEACHING MUSEUM DEVOTED TO LITERACY AND THE ART OF CHILDREN'S PICTURE BOOKS. FOUNDED IN 1982, THE MUSEUM CONTAINS MORE THAN 3,000 ORIGINAL ARTWORKS. Intended uses of endowment funds Schedule D, Part V, Line 4 THE INTENDED USE OF THE ENDOWMENT FUND IS FOR SCHOLARSHIPS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY HAS BEEN APPROVED UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3) AS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES ON ITS NORMAL ACTIVITIES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2012 OR 2011, RESPECTIVELY. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2012 OR 2011, RESPECTIVELY. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2009. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. true true true true true true true false false false false false false false false true false true Financial aid or assistance from a governmental agency Schedule E, Line 6a U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE GREATER CINCINNATI OCCUPATIONAL HEALTH CENTER, NIEHS HAZARDOUS WASTE WORKER HEALTH AND SAFETY TRAINING U.S. DEPARTMENT OF STATE: BUREAU OF EDUCATIONAL AND CULTURAL AFFAIRS GRANT DIVISION, PROFESSIONAL AND CULTURAL EXCHANGE PROGRAMS - CITIZEN EXCHANGES. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH EASTERN KENTUCKY UNIVERSITY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. U.S. DEPARTMENT OF HOMELAND SECURITY: PASSED THROUGH OHIO DEPARTMENT OF PUBLIC SAFETY, STATE AND LOCAL HOMELAND SECURITY TRAINING PROGRAM. NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION: PASSED THROUGH THE OHIO STATE UNIVERSITY RESEARCH FOUNDATION, RESEARCH AND DEVELOPMENT, EDUCATION AND TRAINING, AND ADVISORY SERVICES. CENTRAL AMERICA AND THE CARIBBEAN 0 27 PROGRAM SERVICES RECRUITING/ACADEMICS 17424 EAST ASIA AND THE PACIFIC 0 35 PROGRAM SERVICES RECRUITING/ACADEMICS 119508 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 11 PROGRAM SERVICES RECRUITING/ACADEMICS 48949 MIDDLE EAST AND NORTH AFRICA 0 19 PROGRAM SERVICES RECRUITING/ACADEMICS 112699 NORTH AMERICA (CANADA & MEXICO ONLY) 0 8 PROGRAM SERVICES RECRUITING/ACADEMICS 8435 SOUTH ASIA 0 33 PROGRAM SERVICES RECRUITING/ACADEMICS 128455 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9600000 0 133 10035470 true false true true true false Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: CASH EAST ASIA AND THE PACIFIC: CASH EUROPE (INCLUDING ICELAND AND GREENLAND): CASH MIDDLE EAST AND NORTH AFRICA: CASH NORTH AMERICA (CANADA & MEXICO ONLY): CASH SOUTH ASIA: CASH CENTRAL AMERICA AND THE CARIBBEAN: CASH GOLF OUTING 134470 74700 59770 42542 11020 8250 5134 0 0 134470 74700 59770 0 42542 11020 8250 0 5134 66946 -7176 true ENDOWMENT SCHOLARSHIPS 756 719666 MEN'S ATHLETIC SCHOLARSHIPS 195 2056007 WOMEN'S ATHLETIC SCHOLARSHIPS 121 1250755 INTERNATIONAL SCHOLARSHIPS 176 445750 OTHER SCHOLARSHIPS 3602 26375686 FEDERAL GRANTS 1332 3596573 OHIO GRANTS 522 1001455 UF INSTITUTIONAL AWARD 1515 3330800 UF AWARD 322 2598925 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE FINANCIAL AID OFFICE NOTIFIES STUDENTS IF THEY ARE ELIGIBLE FOR SPECIFIC ENDOWMENT SCHOLARSHIPS. ONCE NOTIFIED, STUDENTS FILL OUT AN APPLICATION TO APPLY FOR THE RESPECTIVE SCHOLARSHIP. IF THE SCHOLARSHIP IS FOR A SPECIFIC PROGRAM, THE DEAN OR OTHER FACULTY MEMBER FOR THAT PROGRAM WILL REVIEW THE APPLICATIONS AND MAKE RECOMMENDATIONS TO THE FINANCIAL AID OFFICE AND WHO SHOULD RECEIVE THE AWARD. FINANCIAL AID VERIFIES AGAIN IF THE STUDENT IS STILL ELIGIBLE FOR THE AWARD AND ISSUES THE FUNDS TO THE RECOMMENDED STUDENTS. THE FINANCIAL AID OFFICE MONITORS THE USE OF THE FUNDS TO ENSURE THAT THEY ARE USED FOR THEIR INTENDED PURPOSE. X true true X X X X false false false false false false false false false DONALD STANSLOSKI 179115 0 0 0 1164 0 12950 0 15642 0 208871 0 0 0 RANDALL VAN DYNE 134098 0 0 0 162 0 14020 0 14198 0 162478 0 0 0 PARTICK MALONE 132916 0 0 0 678 0 9644 0 12957 0 156195 0 0 0 PAUL SEARS 143397 0 0 0 953 0 9210 0 20190 0 173750 0 0 0 MARTIN TERRY 153919 0 0 0 4487 0 15000 0 14164 0 187570 0 0 0 KATHERINE R FELL 233393 0 0 0 1107 0 23996 0 55656 0 314152 0 0 0 DANIEL MAY 154522 0 0 0 436 0 16000 0 15564 0 186522 0 0 0 DAVID FERGUSON 209519 0 0 0 1604 0 14725 0 870 0 226718 0 0 0 DAVID EMSWELLER 121128 0 0 0 0 0 13000 0 19300 0 153428 0 0 0 RAYMOND MCCANDLESS 141837 0 0 0 678 0 10710 0 15679 0 168904 0 0 0 Housing allowance or residence for personal use Schedule J, Part I, Line 1a HOUSING ALLOWANCE IN THE AMOUNT OF $39,000 WAS PAID TO THE UNIVERSITY PRESIDENT. THIS BENEFIT IS CONSIDERED NONTAXABLE PURSUANT TO IRC SECTION 119 BECAUSE THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BKE9 2003-11-13 5095000 REFINANCE - SEE SCHEDULE O false false true OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AWQ1 2006-06-29 18260000 REFINANCE, RENOVATION, PROPERTY - SEE SCHEDULE O false false true 5010000 0 5095000 0 0 0 155089 0 0 0 4939911 0 2004 true false true true 4385000 0 18274731 0 0 0 275651 287663 0 7654731 10056686 0 2007 true false true true false false false false 0.0000 0.0000 0.0000 true false false false false 0.0000 0.0000 0.0000 true false true false 0.0 false false false 0.0 false true false true false false false false false true DESCRIPTION OF PURPOSE PART I, COLUMN (F) THE UNIVERSITY OF FINDLAY (THE UNIVERSITY) IS AN INTERNAL REVENUE CODE SECTION 501(C)(3) EXEMPT EDUCATIONAL ORGANIZATION THAT WAS ONE OF TWO SUCH BENEFICIARIES OF THE FOLLOWING OHIO HIGHER EDUCATIONAL FACILITY COMMISSION (THE "COMMISSION") POOLED FINANCING: $15,715,000 STATE OF OHIO HIGHER EDUCATIONAL FACILITY VARIABLE RATE DEMAND REVENUE BONDS (POOLED FINANCING 2003 PROGRAM) SERIES B ISSUED NOVEMBER 13, 2003 AS INDICATED IN COLUMN (E), $5,095,000 OF THE POOLED FINANCING BENEFITTED THE UNIVERSITY. THE OTHER BENEFICIARY OF THE POOLED FINANCING WAS OHIO DOMINICAN UNIVERSITY. THE UNIVERSITY USED THE POOLED FINANCING PROCEEDS TO ASSIST IN REFUNDING AND RETIRING THE FOLLOWING BANK DEBTS: FIFTH THIRD BANK LOAN NO. 0101983296-000000109 DATED: 1/1/2000 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $661,156.93 FIFTH THIRD BANK LOAN NO. 09019982296-000000125 DATED: 1/1/2002 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $227,651.71 FIFTH THIRD BANK LOAN NO. 0901983296-000000117 DATED: 1/1/2001 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $510,237.73 SKY BANK NOTE NO. 1300360836 DATED: 1/1/2000 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $218,834.00 SKY BANK NOTE NO. 6000250505 DATED: 1/1/2002 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $1,500,827.56 FIRST FEDERAL BANK OF THE MIDWEST ACCOUNT NO. 34-4431169/66110843 DATED: 1/1/2003 PRINCIPAL AMOUNT PAID WITH ISSUE PROCEEDS $1,813,646.97 THE PROCEEDS FROM THESE LOANS HAD BEEN USED FOR CAPITAL IMPROVEMENTS CONSISTING OF THE ACQUISITION OF REAL PROPERTY THAT WAS CONVERTED TO USE AS STUDENT HOUSING AND THE RENOVATION OF STUDENT DINING FACILITIES. DESCRIPTION OF PURPOSE PART I, COLUMN (F) THE UNIVERSITY OF FINDLAY (THE UNIVERSITY) WAS ONE OF FOUR INTERNAL REVENUE CODE SECTION 501(C)(3) EXEMPT EDUCATION ORGANIZATIONS THAT WERE THE BENEFICIARIES OF THE FOLLOWING COMMISSION POOLED FINANCING: $36,080,000 STATE OF OHIO HIGHER EDUCATIONAL FACILITY VARIABLE RATE REVENUE BONDS (POOLED FINANCING 2006 PROGRAM) SERIES A ISSUED JUNE 29, 2006 AS INDICATED IN COLUMN (E), $18,260,000 OF THE POOLED FINANCING BENEFITTED THE UNIVERSITY. THE OTHER BENEFICIARIES OF THE POOLED FINANCING WERE THE OHIO COLLEGE OF PODIATRIC MEDICINE, URBANA UNIVERSITY AND WALSH UNIVERSITY. $10,056,686 OF THE POOLED FINANCING PROCEEDS BENEFITTING THE UNIVERSITY WAS USED TO REFUND OHIO HIGHER EDUCATIONAL FACILITY COMMISSION REVENUE BONDS ISSUED NOVEMBER 1, 1996 FOR THE BENEFIT OF THE UNIVERSITY. THOSE BONDS WERE ISSUED TO FINANCE CAPITAL EXPENDITURES FOR THE ACQUISITION, CONSTRUCTION, RENOVATION, EQUIPPING AND FURNISHING OF VARIOUS EDUCATIONAL FACILITIES, CERTAIN COMPUTER AND EQUIPMENT SYSTEMS AND OTHER CAMPUS IMPROVEMENTS. THE BALANCE OF THE POOLED FINANCING PROCEEDS BENEFITTING THE UNIVERSITY WAS USED FOR CAPITAL EXPENDITURES CONSISTING OF THE PURCHASE AND RENOVATION OF CLASSROOM FACILITIES AND OTHER REAL PROPERTY USED IN CONNECTION WITH VARIOUS DEGREE PROGRAMS. SEE STATEMENT 28000 SCHOLARSHIPS SEE STATEMENT 24424 FINANCIAL AID SEE STATEMENT 27540 DISCOUNTED TUITION CHARLES NORRIS FAMILY MEMBER OF MARY LEHMAN, TRUSTEE 57531 COMPENSATION false CHERYL CAPE FAMILY MEMBER OF DANIEL MAY, OFFICER 45900 COMPENSATION false CINDY FRY FAMILY MEMBER OF ROBERT FRY, TRUSTEE 26291 COMPENSATION false KATHY CRATES FAMILY MEMBER OF LYNN CHILD, TRUSTEE 34855 COMPENSATION false CENTRACOMM LYNN CHILD, TRUSTEE, IS GREATER THAN 35% OWNER OF CENTRACOMM 348053 WIRELESS IMPLEMENTATION ON UNIVERSITY CAMPUS false AMOUNT OF GRANT AND TYPE OF ASSISTANCE SCHEDULE L, PART III, COLUMN (C) COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS(A) AND (B) HAVE BEEN LEFT BLANK. X 33 2692329 APPRAISED VALUE X 2 91157 MARKET VALUE X LIVESTOCK-HORSES 23 703500 APPRAISED VALUE X SADDLE 1 800 COST X SUNDRY 9 5808 COST 24 false true false Explanations of reporting method for number of contributions Schedule M, Part I ART - WORKS OF ART: NUMBER OF CONTRIBUTIONS OTHER: NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line other=LIVESTOCK-HORSES Number of contributions or items contributed. Schedule M, part I, column (b), Line other=SADDLE Number of contributions or items contributed. Schedule M, part I, column (b), Line 1 NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line 17 Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a ARTCILE IV, SECTION 2: THE EXECUTIVE COMMITTEE SHALL EXERCISE SUCH POWERS AS ASSIGNED TO THE BOARD OF TRUSTEES IN EMERGENCY CIRCUMSTANCES ONLY, UNLESS OTHERWISE SPECIFICALLY ASSIGNED TO THE BOARD OF TRUSTEES IN THE CODE OF REGULATIONS. THE COMMITTEE SHALL PROVIDE GENERAL OVERSIGHT AND COORDINATION APPROPRIATE TO THE DUTIES OF THE BOARD ITSELF, AS NEEDED, BETWEEN MEETINGS OF THE BOARD. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, WAS PRESENTED BY OUR TAX ADVISORS TO THE AUDIT COMMITTEE. THE PRESENTATION ALLOWS THE COMMITTEE AND MANAGEMENT TO REVIEW AND PROVIDE COMMENTS AND EXPLANATIONS REGARDING CHANGES TO THE REDESIGNED FORM. THE AUDIT COMMITTEE REVIEWED AND APPROVED THE FORM 990 ON BEHALF OF THE ENTIRE GOVERNING BODY. THIS PRESENTATION WAS DONE ON FEBRUARY 7, 2013. THE FULL GOVERNING BODY RECEIVED A COPY OF THE FULL FORM 990 ELECTRONICALLY PRIOR TO THE FORM BEING SUBMITTED ELECTRONICALLY TO THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTERESTS THEY MAY HAVE WITH THE ORGANIZATION. THE VICE PRESIDENT OF BUSINESS AFFAIRS REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE COMPENSATION COMMITTEE HAS BEEN GIVEN AUTHORITY FROM THE BOARD TO REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT AND THE TREASURER (VP OF BUSINESS AFFAIRS) OF THE UNIVERSITY. THE COMPENSATION COMMITTEE USES COMPARABILITY DATA FROM HIGHER EDUCATION SALARY SURVEYS, NOTABLE FROM THE INFORMATION PUBLISHED BY COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). ONCE THE COMPENSATION HAS BEEN REVIEWED AND APPROVED THE DECISION IS DOCUMENTED WITHIN THE COMPENSATION COMMITTEE'S MINUTES. THE LAST REVIEW WAS PERFORMED IN FYE 2012. COMPENSATION PROCESS OF OTHER OFFICERS OR KEY EMPLOYEES FORM 990, PART VI, LINE 15B THE COMPENSATION OF THE OFFICERS IS DETERMINED BY THE PRESIDENT. HOWEVER, THE PRESIDENT DOES NOT USE COMPARABILITY DATA. THIS PROCESS WAS LAST UNDERTAKEN IN 2009. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -2171415; CHANGE IN VALUE OF INTEREST RATE SWAP - -51105; UNCOLLECTIBLE PLEDGES RECEIVABLE - -496000; CHARITABLE REMAINDER TRUSTS (3) INVESTMENTS OH N/A TRUST MILLSIX COMPANY 1000 NORTH MAIN STREET FINDLAY OH 45840 341081146 REAL ESTATE RENTAL OH UNIVERSITY OF FINDLAY S CORPORATION -2445 44273 1 false false false false false false false false false true false false false false false false false false