AUGUSTANA UNIVERSITY ASSOCIATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- AUGUSTANA UNIVERSITY ASSOCIATION (EIN 46-0224588)
- Tax period
- 2010-08-01 to 2011-07-31
- Filed
- 2012-06-12
- IRS object ID
- 201201649349300510
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-06-12T09:31:36-05:00 | Timestamp |
| Tax Period End Date | 2011-07-31 | 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 | 2010-08-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460224588 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AUGUSTANA COLLEGE ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AUGU | NameControl |
| Phone | 6052744090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 SOUTH SUMMIT AVE | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 57197 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS M MEYER | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6052744090 | Phone |
| Date Signed | 2012-06-06 | 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 | ROBERT OLIVER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 SOUTH SUMMIT AVE | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 57197 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 78228105 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.AUGIE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1860 | YearFormation |
| State Legal Domicile | SD | StateLegalDomicile |
| Activity Or Mission Description | A FOUR-YEAR LIBERAL ARTS COLLEGE AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1582 | TotalNbrEmployees |
| Total Nbr Volunteers | 1800 | TotalNbrVolunteers |
| Total Gross UBI | -239660 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -243379 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9921646 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9128921 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 50143642 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 53675144 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1226265 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3059412 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -136584 | OtherRevenuePriorYear |
| Other Revenue Current Year | -126820 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 61154969 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65736657 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18894703 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 20863211 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24444015 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 25874811 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1503440 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13994911 | OtherExpensePriorYear |
| Other Expenses Current Year | 15402195 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 57333629 | TotalExpensesPriorYear |
| Total Expenses Current Year | 62140217 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3821340 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3596440 | RevenuesLessExpensesCY |
| Total Assets BOY | 122910400 | TotalAssetsBOY |
| Total Assets EOY | 130059205 | TotalAssetsEOY |
| Total Liabilities BOY | 30782194 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 30438231 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 92128206 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 99620974 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | INSPIRED BY LUTHERAN SCHOLARLY TRADITION AND THE LIBERAL ARTS, AUGUSTANA PROVIDES AN EDUCATION OF ENDURING WORTH THAT CHALLENGES THE INTELLECT, FOSTERS INTEGRITY AND INTEGRATES FAITH WITH LEARNING AND SERVICE IN A DIVERSE WORLD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 29890899 | Expense |
| Grants | 20863211 | Grants |
| Revenue | 43730887 | Revenue |
| Description | HIGHER EDUCATION INSTRUCTION: INCLUDES MORE THAN 50 ACADEMIC MAJORS AND PRE-PROFESSIONAL SPECIALIZATIONS THAT PREPARE STUDENTS FOR EVENTUAL EMPLOYMENT IN BUSINESS AND FINANCE, HEALTH CARE, EDUCATION AND SOCIAL SERVICE AND FOR GRADUATE STUDIES IN LAW AND MEDICINE. AN HONORS PROGRAM, STUDY ABROAD, SERVICE LEARNING AND UNDERGRADUATE RESEARCH OPPORTUNITIES SUPPLEMENT FORMAL CLASSROOM AND LABORATORY INSTRUCTION. APPROXIMATELY 1,850 STUDENTS ARE SERVED ANNUALLY BY A FACULTY OF 150 FULL- AND PART-TIME PROFESSORS.AUGUSTANA COLLEGE OFFERS STUDENTS OF VARYING BACKGROUNDS AND INTERESTS AN EDUCATION THAT COMBINES A BROAD FOUNDATION IN THE LIBERAL ARTS WITH PREPARATION FOR PROFESSIONAL CAREERS OR ADVANCED STUDY. AUGUSTANA'S CURRICULUM REFLECTS ITS DESIRE TO PROVIDE STUDENTS WITH AN EDUCATION THAT PROMOTES INTELLECTUAL GROWTH, PROVIDES A FIRM FOUNDATION FOR PROFESSIONAL ACHIEVEMENT, AND ENCOURAGES STUDENTS TO SEEK OPPORTUNITIES FOR SERVICE. THE HEART OF THE UNDERGRADUATE PROGRAM IS THE CORE OF LIBERAL STUDIES: STUDENTS TAKE NEARLY HALF OF THEIR CREDIT HOURS IN AREAS SUCH AS UNDERSTANDING THE SELF IN INTERPERSONAL RELATIONS; MATHEMATICAL REASONING; WRITTEN COMMUNICATION; ORAL COMMUNICATION OR ANALYTICAL REASONING; LANGUAGES; LITERATURE AND FINE ARTS; THE WESTERN HERITAGE; HUMAN BEHAVIOR AND SOCIAL INSTITUTIONS; INTERCULTURAL STUDIES; NATURAL SCIENCE; EXPLORING THE CHRISTIAN TRADITION; AND FAITH AND MEANING. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11732602 | Expense |
| Grants | 0 | Grants |
| Revenue | 2568735 | Revenue |
| Description | HIGHER EDUCATION ACADEMIC SUPPORT: INCLUDES ACADEMIC SUPPORT THROUGH EXTENSIVE LIBRARY HOLDINGS IN BOOKS, JOURNALS AND ONLINE RESOURCES AS WELL AS AUDIOVISUAL EQUIPMENT AND MATERIALS. ALSO, RESOURCES ARE ALLOCATED TO PROVIDE PROGRAMS IN THE PERFORMING ARTS, INCLUSIVE OF BAND, CHOIR ORCHESTRA AND THEATRE; INTERCOLLEGIATE ATHLETICS AND OTHER ACTIVITIES RELATED TO SERVING THE STUDENTS AND THE CAMPUS COMMUNITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10561966 | Expense |
| Grants | 0 | Grants |
| Revenue | 7375522 | Revenue |
| Description | HIGHER EDUCATION AUXILIARY SERVICES SERVE STUDENTS THROUGH THE BOOKSTORE BY SELLING BOOKS AND OTHER INSTRUCTIONAL MATERIALS AND PROVIDING CAMPUS HOUSING AND MEAL SERVICES FOR APPROXIMATELY 1,850 STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 52185467 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 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 | 0 | 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 | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | 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 | 192 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1582 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| 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 | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 18 | NumberOf8282Filed |
| 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 | 29 | 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 | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | 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 | 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 | 0 | 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 | CAROL SPILLUM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6052744090 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 SOUTH SUMMIT AVE | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 57197 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 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 |
|---|---|---|---|---|---|---|---|
| DENNIS ANDERSON | |||||||
| CHAIR | 4.00 | X | X | 0 | 0 | 0 | |
| JOHN THOMAS | |||||||
| VICE-CHAIR | 4.00 | X | X | 0 | 0 | 0 | |
| LOIS MARTIN | |||||||
| SECRETARY | 4.00 | X | X | 0 | 0 | 0 | |
| BECKY BLUE | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ROB BROIN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| WILLIAM DANNEHL | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| TOM DAVIS | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| KIRK DEAN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| DANAE DELMAN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| LAURA DOSHIER | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| DON JACOBS | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| GEORGE KAPPLINGER | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| JENNIFER KIRBY | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| JERRY KNUDSON | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| DAVID LILLEHAUG | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| BILL LINDQUIST | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| JOHN LUST | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| JIM ODLAND | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| MIKE OLSON | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| TANYA OYOS | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| KAREN PFEIFER | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| LAUREL PRIEB | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| GAYLE REARDON | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| RITA ROBISON | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| LOWELL STORTZ | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| BRAD TWEDT | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| JOHN VANDERMOUDE | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| GREG WILCOX | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ROBERT OLIVER | |||||||
| PRESIDENT | 40.00 | X | 191482 | 0 | 26977 | ||
| THOMAS M MEYER | |||||||
| VP FINANCE | 40.00 | X | 107738 | 0 | 17818 | ||
| MARK J BRAUN | |||||||
| ACADEMIC DEAN | 40.00 | 149720 | 0 | 22568 | X | ||
| JONATHAN M HENKES | |||||||
| VP DEVELOPMENT | 40.00 | 143781 | 0 | 21899 | X | ||
| ROBERT PRELOGER | |||||||
| VP MARKETING | 40.00 | 104043 | 0 | 21133 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 696764 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 110395 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | 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 |
|---|---|---|---|---|---|
| SODEXO INC | |||||
| AUGUSTANA BOX 786 2001 SOUTH SUMMI | SIOUX FALLS | SD | 571970001 | FOOD SERVICE | 2788969 |
| GIL HAUGAN CONSTRUCTION INC | |||||
| PO BOX 84430 | SIOUX FALLS | SD | 571184430 | CONSTRUCTION | 1297452 |
| SEMINARS INTERNATIONAL INC | |||||
| 33 W MONROE ST STE 1160 | CHICAGO | IL | 606035303 | STUDY ABROAD CONSULTING | 307383 |
| SEMINARS INTERNATIONAL INC | |||||
| 21530 VERNON AVE | PRIOR LAKE | MN | 553729781 | STUDY ABROAD CONSULTING | 208025 |
| JENZABAR | |||||
| PO BOX 845939 | BOSTON | MA | 022845939 | COMPUTER SYSTEM MAINTENANCE | 204860 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 61862 | FundraisingEvents |
| Government Grants | 2597855 | GovernmentGrants |
| All Other Contributions | 6469204 | AllOtherContributions |
| Noncash Contributions | 1212792 | NoncashContributions |
| Total Contributions | 9128921 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | 43730887 | 43730887 | |
| AUXILIARY ENTERPRISES | 611710 | 7375522 | 7375522 | |
| EDUCATIONAL ACTIVITIES | 611710 | 1796107 | 1796107 | |
| OTHER SOURCES | 611710 | 772628 | 768978 | 3650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 53675144 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1527820 | TotalRevenueColumn |
| Unrelated Business Revenue | -2 | UnrelatedBusinessRevenue |
| Exclusion | $1,527,822 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 196937 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 440245 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -243308 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -243308 | TotalRevenueColumn |
| Unrelated Business Revenue | -243308 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13505070 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11973478 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1531592 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1531592 | TotalRevenueColumn |
| Exclusion | $1,531,592 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 155827 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 61862 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 64455 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91372 | TotalRevenueColumn |
| Exclusion | $91,372 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 38386 | GrossSalesOfInventory |
| Cost Of Goods Sold | 13270 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25116 | TotalRevenueColumn |
| Exclusion | $25,116 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65736657 | TotalRevenueColumn |
| Related Or Exempt Function Income | 53671494 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -239660 | UnrelatedBusinessRevenue |
| Exclusion | $3,175,902 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20863211 | Total |
| Program Services | 20863211 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 423655 | Total |
| Management And General | 289502 | ManagementAndGeneral |
| Fundraising | 134153 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19697265 | Total |
| Program Services | 15679489 | ProgramServices |
| Management And General | 3320846 | ManagementAndGeneral |
| Fundraising | 696930 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 900240 | Total |
| Program Services | 697541 | ProgramServices |
| Management And General | 166629 | ManagementAndGeneral |
| Fundraising | 36070 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3574071 | Total |
| Program Services | 2410395 | ProgramServices |
| Management And General | 1026870 | ManagementAndGeneral |
| Fundraising | 136806 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1279580 | Total |
| Program Services | 1026455 | ProgramServices |
| Management And General | 212637 | ManagementAndGeneral |
| Fundraising | 40488 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17237 | Total |
| Management And General | 17237 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69066 | Total |
| Management And General | 69066 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4216 | Total |
| Program Services | 4216 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132435 | Total |
| Management And General | 132435 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1627913 | Total |
| Program Services | 1252887 | ProgramServices |
| Management And General | 299956 | ManagementAndGeneral |
| Fundraising | 75070 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273658 | Total |
| Program Services | 87849 | ProgramServices |
| Management And General | 179100 | ManagementAndGeneral |
| Fundraising | 6709 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 766993 | Total |
| Program Services | 477005 | ProgramServices |
| Management And General | 196580 | ManagementAndGeneral |
| Fundraising | 93408 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 593566 | Total |
| Program Services | 468573 | ProgramServices |
| Management And General | 104547 | ManagementAndGeneral |
| Fundraising | 20446 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1133076 | Total |
| Program Services | 668974 | ProgramServices |
| Management And General | 458714 | ManagementAndGeneral |
| Fundraising | 5388 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1320569 | Total |
| Program Services | 1047387 | ProgramServices |
| Management And General | 217367 | ManagementAndGeneral |
| Fundraising | 55815 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 330021 | Total |
| Program Services | 251750 | ProgramServices |
| Management And General | 72481 | ManagementAndGeneral |
| Fundraising | 5790 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 568634 | Total |
| Management And General | 568634 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2807366 | Total |
| Program Services | 2695418 | ProgramServices |
| Management And General | 76125 | ManagementAndGeneral |
| Fundraising | 35823 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 401137 | Total |
| Program Services | 155319 | ProgramServices |
| Management And General | 245346 | ManagementAndGeneral |
| Fundraising | 472 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD AND PROVISIONS | 3242823 | 2992857 | 129346 | 120620 |
| SUPPLIES | 1613461 | 1377485 | 204636 | 31340 |
| MISCELLANEOUS EXPENSE | 500024 | 28656 | 463256 | 8112 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62140217 | Total |
| Program Services | 52185467 | ProgramServices |
| Management And General | 8451310 | ManagementAndGeneral |
| Fundraising | 1503440 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30693 | BOY |
| EOY | 968302 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5291135 | BOY |
| EOY | 3539130 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4959811 | BOY |
| EOY | 4137390 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1361437 | BOY |
| EOY | 1400048 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6304966 | BOY |
| EOY | 6750608 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 264816 | BOY |
| EOY | 246270 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 397193 | BOY |
| EOY | 405973 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 100024515 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 41000267 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58232114 | BOY |
| EOY | 59024248 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34180168 | BOY |
| EOY | 40199899 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11794893 | BOY |
| EOY | 13311049 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93174 | BOY |
| EOY | 76288 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122910400 | BOY |
| EOY | 130059205 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2312182 | BOY |
| EOY | 2817883 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6414212 | BOY |
| EOY | 6717244 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2755077 | BOY |
| EOY | 2566607 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16814991 | BOY |
| EOY | 15918268 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 717592 | BOY |
| EOY | 776601 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1768140 | BOY |
| EOY | 1641628 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30782194 | BOY |
| EOY | 30438231 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33667621 | BOY |
| EOY | 36440858 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16260707 | BOY |
| EOY | 18905244 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42199878 | BOY |
| EOY | 44274872 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92128206 | BOY |
| EOY | 99620974 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122910400 | BOY |
| EOY | 130059205 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3596440 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3896328 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $4,216 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 4216 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE FIVE MEMBER COLLEGES OF THE SOUTH DAKOTA FOUNDATION FOR INDEPENDENT COLLEGES HAVE AGREED TO SHARE EQUALLY IN THE EXPENSES FOR A LOBBYIST. THE AMOUNT REPORTED REFERENCES AUGUSTANA'S PORTION. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 62405 | 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 |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 49946910 | BeginningOfYearBalance |
| Contributions | 2162008 | Contributions |
| Investment Earnings Or Losses | 6422197 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1301506 | GrantsOrScholarships |
| Other Expenditures | 909065 | OtherExpenditures |
| End Of Year Balance | 56320544 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43025572 | BeginningOfYearBalance |
| Contributions | 4107427 | Contributions |
| Investment Earnings Or Losses | 4569422 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1246303 | GrantsOrScholarships |
| Other Expenditures | 509208 | OtherExpenditures |
| End Of Year Balance | 49946910 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 52286269 | BeginningOfYearBalance |
| Contributions | 1352242 | Contributions |
| Investment Earnings Or Losses | -8127597 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1598143 | GrantsOrScholarships |
| Other Expenditures | 838756 | OtherExpenditures |
| Administrative Expenses | 48443 | AdministrativeExpenses |
| End Of Year Balance | 43025572 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.02000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.77000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.21000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 342946 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 716525 | OtherCostOrOtherBasis |
| Book Value | 1059471 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1980869 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 81100147 | OtherCostOrOtherBasis |
| Depreciation | 32136901 | Depreciation |
| Book Value | 50944115 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 43355 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 9133279 | OtherCostOrOtherBasis |
| Depreciation | 6353579 | Depreciation |
| Book Value | 2823055 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 46816 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6660578 | OtherCostOrOtherBasis |
| Depreciation | 2509787 | Depreciation |
| Book Value | 4197607 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 59024248 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| OTHER INVESTMENTS | 218800 | F |
| CSV OF LIFE INS POLICIES | 1061136 | F |
| HEDGE FUNDS AND PARTNERSHIPS | 12031113 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 13311049 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY OBLIGATIONS | $1,014,078 |
| INTEREST RATE SWAP | $627,550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1641628 | TotalOfAmounts |
| Total Revenue | 65736657 | TotalRevenue |
| Total Expenses | 62140217 | TotalExpenses |
| Excess Or Deficit For Year | 3596440 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3943520 | NetUnrealizedGLOnInvestments |
| Other | -$47,192 | OtherAmount |
| Total Adjustments | 3896328 | TotalAdjustments |
| Excess Or Deficit Per FS | 7492768 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 49202501 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3943520 | NetUnrealizedGainsInvestments |
| Other Revenues | 517970 | OtherRevenues |
| Revenue Not Rptd F990 | 4461490 | RevenueNotRptdF990 |
| Revenue Subtotal | 44741011 | RevenueSubtotal |
| Investment Expenses Not Included | 132435 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 20863211 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20995646 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65736657 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41784161 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 639590 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 639590 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41144571 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 132435 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 20863211 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20995646 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 62140217 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE COLLECTION CONSISTS OF SIX PAINTINGS OF HISTORICAL EVENTS THAT ARE AVAILABLE FOR PUBLIC VIEWING. | |
| PART IV, LINE 2B: | FUNDS HELD IN CUSTODY FOR OTHERS INCLUDE THE ESTIMATED LIABILITY UNDER VARIABLE CHARITABLE TRUSTS AND FUNDS HELD UNDER AGENCY RELATIONSHIPS. | |
| PART V, LINE 4: | THE ENDOWMENT FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES, PRIMARILY RELATED TO SCHOLARSHIPS AND TO SUPPLEMENT SALARY AND EXPENSE BUDGETS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY UNRELATED INCOME UNDER SECTION 511 OF THE CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE COLLEGE ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JULY 31, 2010. MANAGEMENT EVALUATED THE COLLEGES TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE COLLEGE FILES AN INFORMATIONAL 990 TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE COLLEGE IS SUBJECT TO THE U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED JULY 31, 2010, 2009, 2008. THE COLLEGE HAS NO FEDERAL OR STATE EXAMINATIONS CURRENTLY IN PROGRESS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 74,428. ACTUARIAL ADJUSTMENT FOR ANNUITIES PAYABLE -121,620. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| SPECIAL EVENT EXPENSES 64,455. COST OF GOODS SOLD 13,270. RENTAL EXPENSES 440,245. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIPS AND GRANTS 20,863,211. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| ACTUARIAL ADJUSTMENTS FOR ANNUITIES PAYABLE 121,620. SPECIAL EVENT EXPENSES 64,455. COST OF GOODS SOLD 13,270. RENTAL EXPENSES 440,245. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIPS AND GRANTS 20,863,211. | PART XIII, 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 | ALL OF AUGUSTANA'S BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS INCLUDE THE RACIALLY NONDISCRIMINATORY POLICY AS TO THE STUDENTS. FURTHERMORE, ALL WRITTEN ADVERTISING GIVEN TO PROSPECTIVE STUDENTS CONTAINS THE POLICY STATEMENT. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | AUGUSTANA COLLEGE RECEIVED FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK-STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EMPLOYMENT OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF SOUTH DAKOTA. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BOOSTER AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 104878 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 935 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 103943 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 6676 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 16802 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 4926 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BOOSTER WOMEN'S WALK | NameOfEvent2 |
| Gross Receipts Event2 | 38308 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 23888 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 14420 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 70 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 2830 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 1261 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 74503 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 37039 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 37464 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 4163 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 3089 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 14285 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 10353 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 217689 | GrossReceiptsTotal |
| Charitable Contributions Total | 61862 | CharitableContributionsTotal |
| Gross Revenue Total Events | 155827 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 10839 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 3159 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 33917 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 16540 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 64455 | DirectExpenseSummaryEvents |
| Net Income Summary | 91372 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| AUGUSTANA GRANTS AND SCHOLARSHIPS | 1700 | 18894279 | 0 | N/A | N/A |
| ENDOWED AND ANNUAL SCHOLARSHIPS | 740 | 1572823 | 0 | N/A | N/A |
| SEOG GRANTS | 204 | 396109 | 0 | N/A | N/A |
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: AUGUSTANA HAS A POLICY AND PROCEDURE MANUAL THAT IS FOLLOWED WHEN DETERMINING NEED AND THE ORDER IN WHICH GRANTS ARE AWARDED TO STUDENTS. GRANT FUNDS ARE MONITORED THROUGH ELECTRONIC COMPLIANCE CHECKS IN OUR STUDENT DATA SOFTWARE. CHECK AND BALANCES ARE IN PLACE TO ENSURE PROPER AUTHORIZATION AND DISBURSEMENT OF FEDERAL FUNDS. INDIVIDUALS THAT HAVE RESPONSIBILITY FOR THESE FUNCTIONS ARE ORGANIZED INDEPENDENTLY FROM ONE ANOTHER. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT OLIVER | |||||||||||||
| 191482 | 0 | 0 | 0 | 0 | 0 | 13821 | 0 | 13156 | 0 | 218459 | 0 | 0 | 0 |
| MARK J BRAUN | |||||||||||||
| 149720 | 0 | 0 | 0 | 0 | 0 | 11271 | 0 | 11297 | 0 | 172288 | 0 | 0 | 0 |
| JONATHAN M HENKES | |||||||||||||
| 143781 | 0 | 0 | 0 | 0 | 0 | 10588 | 0 | 11311 | 0 | 165680 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE COLLEGE PAYS $100/MONTH FOR A CLEANING SERVICE FOR THE PRESIDENT SINCE THE PRESIDENT HOLDS COLLEGE RELATED ACTIVITIES AT HIS PERSONAL RESIDENCE. THE PRESIDENT IS ALSO REIMBURSED $500 PER MONTH FOR THE COST OF HIS VEHICLE. BOTH OF THESE ITEMS ARE INCLUDED IN HIS TAXABLE INCOME. THE COLLEGE ALSO PAYS FOR THE PRESIDENT'S ANNUAL GOLF MEMBERSHIP DUES - $6,000, WHICH IS USED FOR BUSINESS PURPOSE AND NOT INCLUDED AS TAXABLE COMPENSATION. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| COUNTY OF LINCOLN SOUTH DAKOTA | ||||||
| 466000082 | 2005-12-01 | 7000000 | LAND, BUILDINGS AND STRUCTURES, EQUIPMENT, REFUNDING OF PRIOR ISSUE | 0 | 0 | 0 |
| COUNTY OF LINCOLN SOUTH DAKOTA | ||||||
| 466000082 | 2008-12-10 | 9000000 | BUILDINGS AND STRUCTURES, EQUIPMENT | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 7000000 | 40000 | 1550000 | 5450000 | 2006 | 1 | 0 | 1 | 1 |
| 9000000 | 119945 | 8880055 | 2009 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| WELLS FARGO | ||||||||
| 0 | 1 | 1 | 4.810000000000 | 0 | 0 | 0 | 0 | 1 |
| WELLS FARGO | ||||||||
| 0 | 1 | 1 | 3.640000000000 | 0 | 0 | 0 | 0 | 1 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 299334 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | QUOTED MARKET PRICE | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 510000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (6 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | FURNITURE | 1 | 8000 | FAIR MARKET VALUE |
| X | SPORTING GOODS EQUIPMENT | 1 | 5000 | FAIR MARKET VALUE |
| X | INSURANCE POLICY | 1 | 53004 | FAIR MARKET VALUE |
| X | FOOD PROVIDED FOR EVENTS | 2 | 8503 | FAIR MARKET VALUE |
| X | SIGNAGE | 1 | 3040 | FAIR MARKET VALUE |
| X | EXTERIOR BUILDING RESTORATION | 1 | 325911 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SHALL CONSIST OF THE BOARD CHAIR, VICE CHAIR, AND SECRETARY, AND THE CHAIR OF THE BOARD'S STANDING COMMITTEE. THE IMMEDIATE PAST BOARD CHAIR SHALL BE A MEMBER OF THE EXECUTIVE COMMITTEE FOR ONE YEAR FOLLOWING EXPIRATION OF HIS OR HER TERM AS CHAIR. THE TREASURER SHALL BE AN ADVISORY MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE FULL AUTHORITY TO THE EXTENT PERMITTED BY LAW TO ACT FOR AND ON BEHALF OF THE BOARD BETWEEN REGULAR MEETINGS OF THE BOARD. AT THE NEXT REGULAR MEETING OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL REPORT ITS DECISIONS TO THE FULL BOARD. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE AUGUSTANA COLLEGE ASSOCIATION IS AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA (ELCA). THE CONGREGATIONAL MEMBERS OF THE ASSOCIATION CONSIST OF ALL ELCA CONGREGATIONS IN THE SOUTH DAKOTA SYNOD, NEBRASKA SYNOD, SOUTHWESTERN MINNESOTA SYNOD AND WESTERN IOWA SYNOD. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE VOTING MEMBERS OF THE ASSOCIATION CONSIST OF 160 DELEGATES- 40 DELEGATES FROM EACH OF THE FOUR SUPPORTING SYNODS - AND ALL ELECTED MEMBERS FOR THE BOARD OF TRUSTEES. EACH SYNOD MAY DEVELOP ITS OWN PROCESS FOR ELECTING OR APPOINTING VOTING DELEGATES PROVIDED THAT EACH ELCA DESIGNATED CONFERENCE OR CLUSTER WITHIN THE SYNOD IS REPRESENTED BY A MINIMUM OF ONE CLERGY DELEGATE AND ONE LAY DELEGATE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | STAFF PREPARE ANSWERS AND DOCUMENTATION WHICH IS REVIEWED BY THE ASSOCIATE VICE PRESIDENT FOR FINANCE PRIOR TO SUBMISSION TO THE PAID PREPARER. THE ASSOCIATE VICE PRESIDENT FOR FINANCE IS IN CONSTANT CONTACT WITH THE PAID PREPARER DURING THE FORM 990 PREPARATION PROCESS. PRIOR TO SUBMISSION, KEY AUGUSTANA STAFF AND SELECTED BOARD MEMBERS REVIEW THE DOCUMENT AND AUTHORIZE SUBMISSION. A COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD BEFORE FILING. | |
| THE COLLEGE HAS A CONFLICT OF INTEREST POLICY AND ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY FILE A STATEMENT REGARDING POTENTIAL CONFLICTS AND DISCLOSING ANY POTENTIAL ISSUES. WHEN A TRUSTEE BELIEVES THAT HE OR SHE MAY HAVE EITHER AN ACTUAL OR PERCEIVED CONFLICT WITH REGARD TO A PARTICULAR DECISION TO BE MADE BY THE TRUSTEES, THAT TRUSTEE WILL ADVISE THE OTHER TRUSTEES AND THE PRESIDENT OF THE COLLEGE ABOUT THE ACTUAL OR POTENTIAL CONFLICT AND REFRAIN FROM VOTING ON THE ISSUE AND THE MINUTES OF THE MEETING SHALL INDICATE THAT THE TRUSTEE MADE A DISCLOSURE REGARDING AN ACTUAL OR POTENTIAL CONFLICT AND THAT THE TRUSTEE ABSTAINED FROM VOTING. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COMPENSATION IS CALCULATED WITHIN BUDGET CONSTRAINTS USING A VARIETY OF DATA GATHERING TOOLS. NATIONAL AVERAGE AND MEDIAN SALARY INFORMATION IS COLLECTED ALONG WITH AVERAGE AND MEDIAN INFORMATION FROM INSTITUTIONS OF SIMILAR SIZE AND PURPOSE. AMOUNTS ARE APPROVED THROUGH A BUDGETING PROCESS AND ARE THEN BROUGHT BEFORE THE BOARD OF TRUSTEES SUBCOMMITTEES, AND ULTIMATELY THE BOARD OF TRUSTEES FOR APPROVAL. IN THEIR SUPERVISORY ROLE OVER THE PRESIDENT, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES INVESTS SPECIFIC TIME STUDYING THESE NUMBERS IN REGARD TO THE PRESIDENT'S SALARY. THEIR RECOMMENDATION IS USED TO CONVEY THE PRESIDENT'S CONTRACT AMOUNT TO THE VICE PRESIDENT FOR HUMAN RESOURCES EACH YEAR. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 3,943,520. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 74,428. ACTUARIAL ADJUSTMENT FOR ANNUITIES PAYABLE -121,620. TOTAL TO FORM 990, PART XI, LINE 5: 3,896,328. | FORM 990, PART XI, LINE 5: |