2012-04-25T08:24:28-07:00 2011-06-30 TD&T FINANCIAL GROUP PC 317 HIGH AVE E OSKALOOSA IA 525772823 990 2010-07-01 420707120 WILLIAM PENN UNIVERSITY WILL 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 BONNIE JOHNSON 2012-04-18 Joseph B Ryan CPA 6416722523 2010 2016-02-24 21:20:13Z 36281855 false false X www.wmpenn.edu X 1873 IA William Penn University provides the opportunity for an educational experience with a focus on leadership, technology, and the Quaker principles of simplicity, peace-making, integrity, community and equality. 22 20 867 50 0 5445390 9289869 25879118 26805106 183221 181525 4927 31507729 36281427 10322063 11038629 0 11364837 11906447 0 512196 10929212 10742729 32616112 33687805 -1108383 2593622 58626219 63774866 44682925 47690335 13943294 16084531 X William Penn University provides the opportunity for an educational experience with a focus on leadership, technology, and the Quaker principles of simplicity, peace-making, integrity, community and equality. false false 11038629 11038629 SCHOLARSHIP PROGRAMS FOR SCHOLARSHIPS AND GRANTS TO 1,753 STUDENTS. 10163220 23210578 INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,753 FULL AND PART-TIME STUDENTS. 5880788 218534 STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNCELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,753 FULL AND PART TIME STUDENTS. 2890146 3349294 29972783 true true false true false false false true false true true false false true true true true false true false false false false false false false false false true true true false false false false false true false false false true true false false false false false false false false false true 73 0 true 867 true false false false false false false false false true true false 0 false false false false false false false false false false false X 22 20 true false false false false false false true true false false false false true true true true true true true false false X BONNIE JOHNSON 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 WILLIAM PATTEN 2.00 X 0 0 0 TOM FRANKS 2.00 X 0 0 0 STEVEN C NOAH 40.00 X 128044 0 31555 SAMUEL H RITCHIE 2.00 X 0 0 0 RYAN BHATTACHARYYA 2.00 X 0 0 0 RUTH NEUBERT 2.00 X 0 0 0 RONALD K BRYAN 2.00 X 0 0 0 REGINALD MARTIN 2.00 X 0 0 0 RANDAL MARK WRIGHT 40.00 X 78136 0 25504 NOEL STAHLE 40.00 X 86935 0 25453 NEDRA JANE SMITH 2.00 X 0 0 0 MICHELLE KOEHLER 2.00 X 0 0 0 MARY GLASSCOCK 2.00 X 0 0 0 MARGARET STOLZFUS 2.00 X 0 0 0 LEE BASH 40.00 X 100449 0 25847 KEN VAN GILST 2.00 X 0 0 0 JOHN EE OTTOSSON 40.00 X 139994 0 26961 JOE P CROOKHAM 2.00 X X 0 0 0 JOBI LAWRENCE 40.00 X 122241 0 13114 JERRY N ELLIS 2.00 X X 0 0 0 GREG HARRIS 2.00 X 0 0 0 GREG HAFNER 40.00 X 53184 0 28601 ERIC JON NICHOLS 2.00 X 0 0 0 DONALD E SWIM 2.00 X 0 0 0 DIANNE K BURNS 40.00 X 32195 0 12474 DAVID AHMAD 2.00 X 0 0 0 CHRIS HYLAND 2.00 X 0 0 0 CARL DROST 2.00 X 0 0 0 BRIAN RUDOPH 40.00 X 75549 0 13915 BONNIE L JOHNSON 40.00 X 97411 0 27166 BERRY JOHNSON 2.00 X 0 0 0 AVON MICHAEL LAIRD 40.00 X 82749 0 31837 ANN FIELDS 40.00 X X 160924 0 39628 1157811 302055 5 false true false DELONG CONSTRUCTION 1320 N 8TH AVE WASHINGTON IA 52353 CONSTRUCTION 267306 SODEXO SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 1199593 POINT BUILDERS 270 50TH AVE SW CEDAR RAPIDS IA 52404 CONSTRUCTION 484040 KINMAN COMPANY 3101 KENT AVE OSKALOOSA IA 52577 CONSTRUCTION 244872 CUNNINGHAM 818 S MARKET STREET OSKALOOSA IA 52577 MAINTENANCE 218162 8 811962 8477907 4161193 9289869 STUDENT TUITION AND FEES 611310 23210578 23210578 ROOM 721310 913557 913557 OTHER PROGRAM INCOME 611710 245234 245234 BOOKS, COMPUTERS & OTHER 451211 1039571 1039571 BOARD 722210 1396166 1396166 26805106 181525 181525 0 0 5355 428 4927 4927 4927 0 0 0 0 0 36281427 23210578 3780980 0 11038629 11038629 0 0 890525 194173 536753 159599 0 8694136 7920261 634542 139333 325784 275811 39812 10161 1325314 1122019 161960 41335 670688 567809 81961 20918 0 13984 13984 102996 102996 0 0 0 518254 486629 25337 6288 83824 9670 73573 581 0 0 0 907989 871374 27240 9375 487580 404005 48887 34688 0 0 1818413 1732644 67721 18048 0 1158583 1112240 34757 11586 321087 321087 SUPPLIES 1083197 798050 272961 12186 RENTS 596475 596475 FOOD SERVICE CONTRACT 1045173 1045173 COST OF TEXTBOOKS SOLD 848808 848808 CONTRACT SERVICES 741974 121657 599803 20514 1014392 506269 480539 27584 33687805 29972783 3202826 512196 659973 244538 0 396574 5018431 762563 535362 0 0 2109990 2286608 6868 6868 1385766 1406254 55209909 19418620 37707263 35791289 3627061 3445138 0 0 0 11970161 15040378 58626219 63774866 4136421 4425476 274496 611982 33692186 33484279 1609037 1281981 3524200 6424200 1446585 1462417 44682925 47690335 X 1476158 2445581 5479995 6585127 6987141 7053823 13943294 16084531 58626219 63774866 X 2593622 -452385 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false true 2400 false false false 2400 false false 3043375 X X X false 6679855 47159 715318 382897 7059435 5955823 618116 341939 236023 6679855 5399881 879060 -312448 10670 5955823 1.00000 false false false 2181228 1242751 3423979 38774455 8889268 29885187 13011475 10529352 2482123 35791289 REMAINDER INTEREST TRUSTS 1386810 LIBRARY BOOKS 625067 CONSTRUCTION IN PROCESS 3597032 COLLECTIIBLES 3043375 BENEFICIAL INTEREST IN PERPETUAL TR 3083393 15040378 US GOVERNMENT GRANTS REFUNDABLE 1462417 1462417 36281427 33687805 2593622 -452385 -452385 2141237 24994813 -452385 -10834229 -11286614 36281427 36281427 22853576 22853576 10834229 10834229 33687805 Part X Part X : FIN48 Footnote NONE Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHOLARSHIPS AND GRANTS $11038629 GROUPING DIFFERENCES $-204400 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 108 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, GRANTS AND UNRESTRICTED PURPOSES FOR THE UNIVERSITY. ONLY REVENUE EARNED BY THE PORTFOLIO OF INVESTMENTS CAN BE USED FOR THE INTENDED PURPOSE. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE UNIVERSITY MAINTAINS A COLLECTION OF MIDDLE EAST ARTIFACTS AND A REPLICA OF THE JING YUNG BELL FOR PURPOSES OF PUBLIC EXHIBIT AND SCHOLARLY RESEARCH. true true true true true true true false false false false false false false false true false true true X 0 0 VOCATIONAL REHAB GRANTS FOR STATES 5 9503 CASH INSTITUTION SCHOLARSHIPS AND GRANTS 1170 10498865 CASH FEDERAL VETERANS REHABILITATION PROGRAM 4 7509 CASH FEDERAL SEOG 1019 522752 CASH Grantmaker's Description of How Grants are Used THE UNIVERSITY HAS A FINANCIAL AID DEPARTMENT WHOSE STAFF IS TRAINED AND CONTINUOUSLY EDUCATED REGARDING FEDERAL FINANCIAL AID RULES AND REGULATIONS. THE STAFF OF THE UNIVERSITY DETERMINES THE FINANCIAL NEED OF THE STUDENT AND DETERMINES THE AMOUNT OF FINANCIAL ASSISTANCE THAT CAN BE AWARDED TO THE STUDENT BASED ON FEDERAL RULES AND REGULATIONS. THE FINANCIAL AID STAFF ALSO AWARDS GRANTS AND SCHOLARSHIPS BASED ON ENDOWED GIFTS THAT COMPLY WITH THE TERMS OF THE ENDOWED GIFTS. X X X X false false false false false false false false false false STEVEN C NOAH 128044 13340 18215 159599 JOHN EE OTTOSSON 139994 14260 12701 166955 ANN FIELDS 160924 30027 9601 200552 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460M37 2010-11-30 11603270 REFUND PRIOR ISSUE (11/17/09) false false false IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 2009-10-02 1150000 CONSTRUCTION OF FACILITIES false false false IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460TX4 2005-05-19 6535655 SEE SCHEDULE O false false false 11603270 103270 11500000 2008 true false true true 3000 1156814 89252 20772 20002 1026788 2008 false false true true 6567556 530486 19315 130391 388409 5498955 2006 true false true true false false false false false true false false false false false true false false false false false true false false false false false true false true false false false true false false false false false true MUSCO CORPORATION OPERATING LOAN X 4000000 false true false MAHASKA COMMUNICATION GROUP ENTITY OWNED BY TRUSTEE 210845 CABLE TV AND INTERNET false An officer of the organization is also an officer of Musco Corporation that lent to the Organization $4,000,000 for operating purposes during the year. The loan was repaid before June 30, 2011 with interest at 2.22% X 3 1583343 FAIR MARKET X EQUIPMENT 1 22900 FAIR MARKET X TRAVEL 1 3649 COST false true false SCHEDULE K, PART I(f) Line A CONSTRUCTION AND IMPROVEMENTS TO FACILITIES AND REFUND PRIOR ISSUES (6-27-91, 7-17-96, 7-27-00) FORM 990, PART VI, SECTION B, LINE 16 THE ORGANIZATION CURRENTLY HAS AN AGREEMENT WITH A FOR-PROFIT ENTITY REGARDING THE MANAGEMENT AND MARKETING OF A COLLEGE FOR WORKING ADULTS PROGRAM. THE CONTRACT WITH THE FOR-PROFIT ENTITY IS REVIEWED ANNUALLY AND THE ARRANGEMENT IS MONITORED DAILY TO SAFEGUARD THE ORGANIZATIONS TAX-EXEMPT STATUS. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Articles of incorporation and by-laws are available upon request to the business office of the organization. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT FOR EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE PRESIDENT'S OFFICE AND CFO REVIEW ALL COMPLETED CONFLICT OF INTEREST FORMS COMPLETED BY BOARD MEMBER'S, ADMINISTRATORS, AND OTHERS WITH BUDGET CONTROL. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process COPY OF FORM 990 WAS REVIEWED BY A MEMBER OF THE FINANCE COMMITTEE. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et 2 CURRENT TRUSTEES ARE EMPLOYED BY THE SAME COMPANY. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR 1,753 STUDENTS, FACULTY AND STAFF. OTHER PROGRAM SERVICES 5: SCHOLARSHIP PROGRAMS FOR SCHOLARSHIPS AND GRANTS TO 1,753 STUDENTS. OTHER PROGRAM SERVICES 6: STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNCELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,753 FULL AND PART TIME STUDENTS.