DUNWOODY COLLEGE OF TECHNOLOGY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- DUNWOODY COLLEGE OF TECHNOLOGY (EIN 41-0693856)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201201369349304380
- Schema version
- 2010v3.4
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T13:06:50-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693856 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUNWOODY COLLEGE OF TECHNOLOGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DUNW | NameControl |
| Phone | 6123745800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 818 DUNWOODY BOULEVARD | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NANCY FUCHS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6123745800 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | XIAOYAN LUO | Name |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD WAGNER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 818 DUNWOODY BOULEVARD | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26439864 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DUNWOODY.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1914 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE TECHNICAL TRAINING IN INDUSTRIAL FIELDS IN DAY AND EVENING CLASSES IN MINNEAPOLIS, MN. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 469 | TotalNbrEmployees |
| Total Nbr Volunteers | 600 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5143462 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3258407 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 22268732 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21023877 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1089029 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1364726 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28501223 | TotalRevenuePriorYear |
| Total Revenue Current Year | 25647010 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 900171 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1014310 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15776429 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14821828 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 69000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 63744 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 718878 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10024295 | OtherExpensePriorYear |
| Other Expenses Current Year | 9806927 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 26769895 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25706809 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1731328 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -59799 | RevenuesLessExpensesCY |
| Total Assets BOY | 39427478 | TotalAssetsBOY |
| Total Assets EOY | 40712987 | TotalAssetsEOY |
| Total Liabilities BOY | 16419954 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 16205951 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23007524 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 24507036 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | DUNWOODY COLLEGE OF TECHNOLOGY IS A MINNESOTA NOT-FOR-PROFIT ORGANIZATION WHICH PROVIDES TECHNICAL TRAINING IN A VARIETY OF INDUSTRIAL FIELDS IN BOTH DAY AND EVENING CLASSES IN MINNEAPOLIS, MINNESOTA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17691213 | Expense |
| Grants | 1014310 | Grants |
| Revenue | 21023877 | Revenue |
| Description | FOUNDED IN 1914, DUNWOODY COLLEGE OF TECHNOLOGY IS A PRIVATE, NON-PROFIT, ENDOWED INSTITUTION OF HIGHER EDUCATION. IT IS THE OLDEST INSTITUTION OF ITS KIND IN THE UPPER MIDWEST, WITH AN INTERNATIONAL REPUTATION FOR OUTSTANDING EDUCATIONAL PROGRAMS. THE PROMINENT MINNEAPOLIS BUSINESSMAN, WILLIAM HOOD DUNWOODY, LEFT NEARLY THREE MILLION DOLLARS IN HIS WILL TO ESTABLISH DUNWOODY COLLEGE OF TECHNOLOGY. HIS PURPOSE WAS TO "PROVIDE FOR ALL TIME A PLACE WHERE YOUTH WITHOUT DISTINCTION, ON ACCOUNT OF RACE, COLOR, OR RELIGIOUS PREJUDICE, MAY LEARN THE USEFUL TRADES AND CRAFTS, THEREBY FIT THEMSELVES FOR THE BETTER PERFORMANCE OF LIFE'S DUTIES." DUNWOODY WAS NATIONALLY RECOGNIZED IN 1991 AS ONE OF TEN "INSTITUTIONS OF EXCELLENCE" BY THE NATIONAL CENTER OF RESEARCH IN VOCATIONAL EDUCATION IN BERKELEY, CALIFORNIA. DUNWOODY IS ACCREDITED THROUGH THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF SCHOOLS & COLLEGES WHICH PROVIDES PUBLIC ASSURANCE OF EDUCATIONAL QUALITY AND INSTITUTIONAL INTEGRITY. DUNWOODY'S SUCCESS CAN BE SEEN IN ITS OUTSTANDING ALUMNI, THE CONSISTENTLY HIGH RATE OF PLACEMENT OF ITS GRADUATES, ENROLLMENT OF MORE THAN A QUARTER MILLION STUDENTS IN ITS NEARLY 100 YEARS OF OPERATION AND THE EXTENSIVE NUMBER OF SPECIAL TRAINING PROGRAMS IT PROVIDES FOR INDUSTRY AND LABOR. DUNWOODY IS A TECHNICAL COLLEGE TEACHING MEN AND WOMEN THROUGH HANDS-ON LEARNING. DUNWOODY OFFERS AN INTENSE, STRUCTURED APPROACH TO EDUCATION THAT FACILITATES INDIVIDUAL LEARNING AND DEVELOPMENT. PROGRAMS ARE JOB-ORIENTED AND THE LEARNING ENVIRONMENT FOSTERS THE QUALITIES EMPLOYERS SEEK: PRODUCTIVITY, SELF-DISCIPLINE, CONFIDENCE, TEAMWORK, A POSITIVE ATTITUDE TOWARD PRODUCTIVITY, AND AN APPRECIATION FOR A JOB WELL DONE. THE INTEGRATION OF THE ARTS AND SCIENCES IS A KEY COMPONENT OF EACH PROGRAM. DUNWOODY IS COMMITTED TO EXCELLENCE IN EDUCATION AND BELIEVES SKILL AND TECHNICAL COMPETENCE MUST BE BALANCED WITH A BROAD ACADEMIC EDUCATION TO ENHANCE EACH GRADUATE'S SUCCESS AND FACILITATE LIFE-LONG LEARNING. LIFE-LONG LEARNING SKILLS THAT GO BEYOND THE TECHNICAL ASPECTS OF AN OCCUPATION ARE LEARNED IN COURSE WORK THAT IMPARTS THE KNOWLEDGE, CONCEPTS, AND ATTITUDES NEEDED TO LIVE IN A DIVERSE SOCIETY. IN OCTOBER 2006, DUNWOODY COLLEGE OF TECHNOLOGY RECEIVED APPROVAL TO OFFER A BACHELOR OF SCIENCE IN APPLIED MANAGEMENT DEGREE. THIS PROGRAM WAS DEVELOPED TO SERVE GRADUATES OF TECHNICAL COLLEGES THAT WANTED TO FINISH A FOUR-YEAR DEGREE IN ORDER TO GROW IN THEIR CAREERS. THE DUNWOODY BACHELOR DEGREE PROGRAM TEACHES STUDENTS ABOUT MANAGEMENT AND ALLOWS THE STUDENT TO APPLY CONCEPTS AND THEORIES TO THEIR CHOSEN OCCUPATION. COURSES COMPLETED DURING A STUDENT'S ASSOCIATE IN APPLIED SCIENCE PROGRAM TRANSFER INTO THE PROGRAM SATISFYING TWO YEARS OF COURSE WORK. THIS ALLOWS ANY STUDENT WITH A TWO-YEAR ASSOCIATES DEGREE (GRADUATE OF DUNWOODY OR NOT) TO COMPLETE THE REMAINING CREDITS IN TWO TO THREE YEARS. THE DUNWOODY BACHELOR'S DEGREE HELPS STUDENTS CONTINUE THEIR CAREERS AND FULFILLS WILLIAM HOOD DUNWOODY'S VISION FOR DUNWOODY COLLEGE OF TECHNOLOGY TO EDUCATE STUDENTS "FOR BETTER PERFORMANCE OF LIFE'S DUTIES." WORKING WITH INDUSTRIES AND BUSINESSES EMPLOYING DUNWOODY GRADUATES, DUNWOODY INSTRUCTORS DESIGN ALL OF THE CAREER PROGRAMS. TECHNICAL INSTRUCTORS ARE INDUSTRY-EXPERIENCED AND CHALLENGE STUDENTS TO PERFORM TO INDUSTRY STANDARDS IN BOTH QUALITY AND QUANTITY OF WORK. TECHNICAL COURSE REQUIREMENTS ARE BASED ON WHAT IT TAKES TO PERFORM SUCCESSFULLY ON THE JOB, SO CURRICULA ARE CONTINUALLY REVISED AND UPDATED. INSTRUCTION IS ORGANIZED ON A QUARTER (12-WEEK) SCHEDULE. PROGRAMS ARE THREE OR SIX QUARTERS IN LENGTH, LEADING TO A DIPLOMA OR ASSOCIATE OF APPLIED SCIENCE (A.A.S.) DEGREE. IT IS DUNWOODY'S GOAL THAT GRADUATING STUDENTS WILL BECOME RESPONSIBLE, CONTRIBUTING CITIZENS, AS WELL AS ABLE TECHNICIANS AND LEADERS IN THEIR PROFESSIONS. THE COLLEGE CURRENTLY OFFERS LEARNING OPPORTUNITIES IN THE FOLLOWING AREAS:AUTOMATED SYSTEMS AND ROBOTICSARCHITECTURAL DRAFTING AND ESTIMATINGAUTOMOTIVE COLLISION REPAIR AND REFINISHINGAUTOMOTIVE COLLISION APPRENTICESHIPAUTOMOTIVE COLLISIONAUTOMOTIVE SERVICE TECHNOLOGYAUTOMOTIVE SERVICECOMPUTER NETWORKING SYSTEMSCONSTRUCTION PROJECT SUPERVISIONELECTRICAL CONSTRUCTION DESIGNELECTRICAL CONSTRUCTION AND MAINTENANCEELECTRONICS TECHNOLOGYENGINEERING, DRAFTING, AND DESIGNGRAPHICS AND PRINTING TECHNOLOGIESHEATING AND COOLING SYSTEMSHVAC DESIGNHVAC SYSTEMS SERVICINGINFORMATION TECHNOLOGYINTERIOR DESIGNMACHINING TECHNOLOGYWELDINGTHROUGH THESE COURSE OFFERINGS, IN CONJUNCTION WITH THE EFFORT AND ENTHUSIASM OF THE COLLEGE STAFF AND FACULTY, IT IS DUNWOODY'S VISION IS TO BE RECOGNIZED AS A BEST-IN-CLASS LEADER AND INNOVATOR IN LEARNER-CENTERED WORKFORCE DEVELOPMENT. | Description |
| Total Program Service Expense | 17691213 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | 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 | 0 | 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 | 0 | 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 | 0 | TaxExemptBonds |
| 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 52 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 469 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NANCY FUCHS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6123745800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 818 DUNWOODY BOULEVARD | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 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 |
|---|---|---|---|---|---|---|---|
| RICHARD WAGNER PHD | |||||||
| PRESIDENT | 40.00 | X | X | 170175 | 0 | 13229 | |
| MAURICE J WAGENER | |||||||
| BOARD CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| THEODORE A FERRARA | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| JAMES R FOX | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| CHARLIE WESTLING | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| RUSSELL BECKER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT W CARLSON JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICK D CLEVETTE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD A COPELAND | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PAUL I COSSETTE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID P CROSBY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOEL A ELFTMAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BRUCE W ENGELSMA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK G FLEISCHHACKER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL HANSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TAMARA HJELLE OLSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BARBARA A JERICH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CORNELL LEVERETTE MOORE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RAYMOND K NEWKIRK | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANDREA NEWMAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GARY N PETERSEN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KAY PHILLIPS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TALLA SKOGMO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK STEADMAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DR BERNHARD VANLENGERICH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN K WOODWORTH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| NANCY FUCHS | |||||||
| CFO | 40.00 | X | 0 | 0 | 0 | ||
| ROBERT DOTY | |||||||
| CFO | 40.00 | X | 147065 | 0 | 13696 | ||
| ARTHUR ALEXANDER III | |||||||
| CONTROLLER | 40.00 | X | 121730 | 0 | 14301 | ||
| BARRY SHEAR | |||||||
| DIRECTOR OF IT | 40.00 | 121491 | 0 | 15896 | X | ||
| MARK SKIPPER | |||||||
| V.P. OF DEVELOPMENT | 40.00 | 111802 | 0 | 4763 | X | ||
| PATRICIA ANN EDMAN | |||||||
| H.R. DIRECTOR | 40.00 | 109491 | 0 | 14567 | X | ||
| JEFFREY M YLINEN | |||||||
| PROVOST | 40.00 | 110002 | 0 | 15504 | X | ||
| WILLIAM JORDAN | |||||||
| FACILITIES MGMT | 40.00 | 98940 | 0 | 25627 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 891756 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 91956 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | ACCOUNTING SERVICES | DescriptionOfServices |
| Compensation | 146570 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 3258407 | AllOtherContributions |
| Noncash Contributions | 674616 | NoncashContributions |
| Total Contributions | 3258407 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & RELATED INC | 611600 | 20434361 | 20434361 |
| OTHER REVENUES | 900099 | 589516 | 589516 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21023877 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 547877 | TotalRevenueColumn |
| Exclusion | $547,877 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1609703 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 792854 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 816849 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 816849 | TotalRevenueColumn |
| Exclusion | $816,849 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25647010 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21023877 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,364,726 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1014310 | Total |
| Program Services | 1014310 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 621303 | Total |
| Management And General | 621303 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11697305 | Total |
| Program Services | 9573685 | ProgramServices |
| Management And General | 1672481 | ManagementAndGeneral |
| Fundraising | 451139 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 449592 | Total |
| Management And General | 449592 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1175787 | Total |
| Program Services | 1000600 | ProgramServices |
| Management And General | 115156 | ManagementAndGeneral |
| Fundraising | 60031 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 877841 | Total |
| Program Services | 684404 | ProgramServices |
| Management And General | 161413 | ManagementAndGeneral |
| Fundraising | 32024 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91288 | Total |
| Management And General | 91288 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 190554 | Total |
| Management And General | 190554 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63744 | Total |
| Fundraising | 63744 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170862 | Total |
| Management And General | 170862 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 805711 | Total |
| Program Services | 260121 | ProgramServices |
| Management And General | 545590 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3509926 | Total |
| Program Services | 2873515 | ProgramServices |
| Management And General | 553247 | ManagementAndGeneral |
| Fundraising | 83164 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760488 | Total |
| Management And General | 760488 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125941 | Total |
| Program Services | 106939 | ProgramServices |
| Management And General | 15772 | ManagementAndGeneral |
| Fundraising | 3230 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200612 | Total |
| Program Services | 165034 | ProgramServices |
| Management And General | 27680 | ManagementAndGeneral |
| Fundraising | 7898 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335999 | Total |
| Program Services | 335999 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1454364 | Total |
| Program Services | 1141146 | ProgramServices |
| Management And General | 295570 | ManagementAndGeneral |
| Fundraising | 17648 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222554 | Total |
| Program Services | 217134 | ProgramServices |
| Management And General | 5420 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EQUIPMT RENTAL/MAINTENA | Description |
| Total | 1938628 | Total |
| Program Services | 318326 | ProgramServices |
| Management And General | 1620302 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25706809 | Total |
| Program Services | 17691213 | ProgramServices |
| Management And General | 7296718 | ManagementAndGeneral |
| Fundraising | 718878 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1739305 | BOY |
| EOY | 2142214 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 301297 | BOY |
| EOY | 1275038 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 773538 | BOY |
| EOY | 633080 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1197412 | BOY |
| EOY | 770800 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180966 | BOY |
| EOY | 132871 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 47341209 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32697250 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15284754 | BOY |
| EOY | 14643959 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8241774 | BOY |
| EOY | 10067679 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11708432 | BOY |
| EOY | 11047346 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39427478 | BOY |
| EOY | 40712987 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1224399 | BOY |
| EOY | 2384072 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1926480 | BOY |
| EOY | 1800184 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7107205 | BOY |
| EOY | 6889076 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6161870 | BOY |
| EOY | 5132619 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16419954 | BOY |
| EOY | 16205951 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1653167 | BOY |
| EOY | 1537796 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8583834 | BOY |
| EOY | 9587546 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12770523 | BOY |
| EOY | 13381694 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23007524 | BOY |
| EOY | 24507036 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39427478 | BOY |
| EOY | 40712987 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -59799 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1559311 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20915900 | BeginningOfYearBalance |
| Contributions | 807198 | Contributions |
| Investment Earnings Or Losses | 1125769 | InvestmentEarningsOrLosses |
| Other Expenditures | 1205418 | OtherExpenditures |
| End Of Year Balance | 21643449 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20772644 | BeginningOfYearBalance |
| Contributions | 303907 | Contributions |
| Investment Earnings Or Losses | 1027755 | InvestmentEarningsOrLosses |
| Other Expenditures | 1188406 | OtherExpenditures |
| End Of Year Balance | 20915900 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23772077 | BeginningOfYearBalance |
| Contributions | 113904 | Contributions |
| Investment Earnings Or Losses | -2394483 | InvestmentEarningsOrLosses |
| Other Expenditures | 718854 | OtherExpenditures |
| End Of Year Balance | 20772644 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.62000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.32000 | 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 | 828504 | OtherCostOrOtherBasis |
| Book Value | 828504 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27015249 | OtherCostOrOtherBasis |
| Depreciation | 18645217 | Depreciation |
| Book Value | 8370032 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18906332 | OtherCostOrOtherBasis |
| Depreciation | 14052033 | Depreciation |
| Book Value | 4854299 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 591124 | OtherCostOrOtherBasis |
| Book Value | 591124 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 14643959 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SPLIT-INTEREST AGREEMENTS | 9973048 | F |
| POOLED REAL ESTATE INVESTMENTS | 1074298 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 11047346 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY OBLIGATIONS | $191,528 |
| ACCRUED PENSION COST | $4,741,134 |
| ENVIRONMENTAL REMEDIATION | $199,957 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5132619 | TotalOfAmounts |
| Total Revenue | 25647010 | TotalRevenue |
| Total Expenses | 25706809 | TotalExpenses |
| Excess Or Deficit For Year | -59799 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1238287 | NetUnrealizedGLOnInvestments |
| Other | $321,024 | OtherAmount |
| Total Adjustments | 1559311 | TotalAdjustments |
| Excess Or Deficit Per FS | 1499512 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 25375699 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1238287 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 1658226 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 391576 | OtherRevenues |
| Revenue Not Rptd F990 | 3288089 | RevenueNotRptdF990 |
| Revenue Subtotal | 22087610 | RevenueSubtotal |
| Investment Expenses Not Included | 170862 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3388538 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3559400 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 25647010 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26179863 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1658226 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 1658226 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24521637 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 170862 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1014310 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1185172 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 25706809 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND TO FUND COLLEGE OPERATIONS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COLLEGE IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO INCOME TAXES. THEREFORE, ALL CONTRIBUTIONS ARE TAX DEDUCTIBLE. THE COLLEGE FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE COLLEGE HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN PENSION LIABILITY INCLUDING OTHER COMPREHENSIVE INCOME -70,552. CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT INCOME GREATER THAN SPENDING RATE 2,374,228. SCHOLARSHIPS 1,014,310. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 1,014,310. |
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 | WRITTEN MATERIALS RELATED TO THE COLLEGE'S POLICIES ARE GIVEN TO STUDENTS AT ORIENTATION. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES PELL, SEOG, ACG, FEDERAL WORK STUDY, AND VARIOUS GOVERNMENT-BACKED LOANS AND RELATED STATE FUNDS. |
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 |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK DAVY & ASSOCIATES | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4035 BROOKSIDE AVE | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55416 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 63744 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 63744 | TotalRetainedByContractors |
| Licensed States | MN | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 400 | NumberOfRecipients |
| Amount Of Cash Grant | 1014310 | AmountOfCashGrant |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
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: ENDOWED AND ANNUAL SCHOLARSHIPS ARE AWARDED BASED ON CERTAIN CRITERIA SET BY THE INSTITUTION (DUNWOODY) AND DONORS. STUDENTS APPLY FOR SCHOLARSHIPS STARTING SPRING QUARTER OF THE PREVIOUS SCHOOL YEAR. APPLICATIONS ARE COMPILED AND REVIEWED BY A SCHOLARSHIP COMMITTEE. THE SCHOLARSHIP COMMITTEE CHOOSES THE STUDENT OR STUDENTS WHO ARE MOST DESERVING OF THE AWARD BASED ON THE CRITERIA AND FINANCIAL NEED. STUDENTS ARE NOTIFIED BY THE FINANCIAL AID OFFICE OF THE ACCEPTANCE TO THE AWARDS WHICH THEN BECOME PART OF THEIR FINANCIAL AID PACKAGE. SCHOLARSHIPS ARE DISBURSED TO THE STUDENTS ACCOUNT AS A CREDIT ON A QUARTERLY BASIS WHICH REDUCES THEIR TUITION. STUDENTS ARE REQUIRED TO WRITE A THANK YOU NOTE TO THE DONORS OF THE SCHOLARSHIP SHOWING THEIR APPRECIATION. IF A THANK YOU NOTE ISN'T WRITTEN, THE STUDENT DOESN'T RECEIVE THE SCHOLARSHIP. SCHOLARSHIPS ARE MONITORED BY THE FINANCIAL AID OFFICE. IF A STUDENT WITHDRAWS FROM SCHOOL, THE SCHOLARSHIP IS REVOKED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD WAGNER PHD | |||||||||||||
| 169899 | 0 | 0 | 0 | 276 | 0 | 12917 | 0 | 312 | 0 | 183404 | 0 | 0 | 0 |
| ROBERT DOTY | |||||||||||||
| 2987 | 0 | 0 | 0 | 144078 | 0 | 7647 | 0 | 6049 | 0 | 160761 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | HEALTH CLUB DUES - RICHARD WAGNER - $1,318 - NOT INCLUDED IN TAXABLE INCOME TRAVEL FOR COMPANIONS - RICHARD WAGNER - $309 - NOT INCLUDED IN TAXABLE INCOME |
| PART I, LINE 4A | ARTHUR ALEXANDER III - SEVERANCE - $62,953 ROBERT DOTY - SEVERANCE - $143,898 BARRY SHAER - SEVERANCE - $29,268 |
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 | GRAY PLANT MOOTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | A BOARD MEMBER OF DUNWOODY COLLEGE WAS A MANAGING OFFICER OF GPM | Relationship |
| Amount Of Transaction | 70341 | AmountOfTransaction |
| Description Of Transaction | LEGAL SERVICES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 146905 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | BLUE BOOK | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 87585 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK MARKET QUOTES | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | TOOLS & EQUIP | Description |
| Number Of Contributions | 19 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 440126 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE COLLEGE HAS AN EXECUTIVE COMMITTEE COMPRISED OF A MINIMUM OF FIVE MEMBERS INCLUDING THE CHAIR OF THE BOARD AND PRESIDENT AS VOTING EX OFFICIO MEMBERS. ALL MEMBERS MUST BE TRUSTEES. EXCEPT FOR THE POWERS RESERVED BY THE FINANCE COMMITTEE, THE COMMITTEE HAS THE GENERAL MANAGEMENT OF THE AFFAIRS OF THE COLLEGE, INCLUDING DETERMINATION OF THE COMPENSATION OF ALL EMPLOYEES OF THE COLLEGE. THE COLLEGE HAS A FINANCE COMMITTEE COMPRISED OF SEVEN MEMBERS OF THE BOARD OF TRUSTEES. THE FINANCE COMMITTEE HAS THE SUPERVISION AND GENERAL MANAGEMENT OF THE FINANCIAL TRANSACTIONS OF THE COLLEGE, INCLUDING APPROVAL OF THE AUDITED FINANCIAL STATEMENTS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE IT WAS FILED, THE FORM 990 WAS REVIEWED BY THE CONTROLLER, THE CFO AND THE PRESIDENT OF THE COLLEGE. | |
| THE COLLEGE'S CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, TRUSTEES AND COMMITTEE MEMBERS. IF AN INDIVIDUAL HAS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THEY ARE REQUIRED TO DISCLOSE THE MATERIAL FACTS TO THE BOARD OR COMMITTEE BEFORE THE TRANSACTION IN QUESTION IS CONSIDERED. AFTER PRESENTING THE MATERIAL FACTS, THE INTERESTED PERSON IS REQUIRED TO LEAVE THE ROOM FOR THE DISCUSSION AND VOTE ON THE MATTER. TO INVESTIGATE ALTERNATIVES, THE BOARD OR COMMITTEE MAY REQUEST COMPARABILITY DATA AND/OR APPOINT A DISINTERESTED PERSON. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY ATTAINABLE, THE DISINTERESTED BOARD OR COMMITTEE MEMBERS DETERMINE, BY MAJORITY VOTE, WHETHER TO ENTER INTO THE TRANSACTION. ALL RELEVANT INFORMATION IS RECORDED IN THE MINUTES OF THE MEETING. EACH OFFICER, TRUSTEE AND COMMITTEE IS REQUIRED TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| WHEN DETERMINING THE COMPENSATION OF THE PRESIDENT, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE USE SALARY BENCHMARKING DATA TO RECOMMEND THE PRESIDENT'S COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 FOR THE PRESIDENT, R. WAGNER. WHEN DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, THE H.R. DIRECTOR PROVIDES SALARY BENCHMARKING DATA TO THE PRESIDENT WHO DETERMINES THEIR COMPENSATION. SALARY INCREASE GUIDELINES ARE PROVIDED BY THE ACCOUNTING DEPARTMENT BASED ON BUDGET CONSTRAINTS. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 FOR THE SENIOR VICE PRESIDENT AND CFO, R. DOTY. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE COLLEGE'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE COLLEGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT OPEN TO THE PUBLIC. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,238,287. CHANGE IN PENSION LIABILITY INCLUDING OTHER COMPREHENSIVE INCOME -70,552. CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. TOTAL TO FORM 990, PART XI, LINE 5: 1,559,311. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST (1) | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 818 DUNWOODY BOULEVARD | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | INVESTMENT | PrimaryActivity |
| Legal Domicile State | MN | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | T | TypeOfEntity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |