HANOVER COLLEGE TRUSTEES: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HANOVER COLLEGE TRUSTEES (EIN 35-0868096)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-05
- IRS object ID
- 201220659349300507
- Schema version
- 2010v3.7
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-05T08:01:54-05:00 | 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 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | 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 | 350868096 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANOVER COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HANO | NameControl |
| Phone | 8128667000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1 |
| City | HANOVER | City |
| State | IN | State |
| ZIP Code | 47243 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL BRUCE | Name |
| Title | VP FOR BUSINESS AFFAIRS | Title |
| Phone | 8128667089 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOYCE DULWORTH | Name |
| Phone | 3173834000 | 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 | SUE DEWINE PRESIDENT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1 |
| City | HANOVER | City |
| State | IN | State |
| ZIP Code | 47243 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 77626815 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HANOVER.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1885 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | HANOVER COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION THAT PROVIDES LIFELONG LEARNING OPPORTUNITIES IN MORE THAN 30 ACADEMIC DISCIPLINES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 306 | TotalNbrEmployees |
| Total Nbr Volunteers | 31 | TotalNbrVolunteers |
| Total Gross UBI | -351081 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -357698 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2595264 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6129366 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 29891478 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 34539444 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5520369 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7900468 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 364121 | OtherRevenuePriorYear |
| Other Revenue Current Year | 23108 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 38371232 | TotalRevenuePriorYear |
| Total Revenue Current Year | 48592386 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 14637755 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 16373916 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17489465 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 18442428 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1884050 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13498687 | OtherExpensePriorYear |
| Other Expenses Current Year | 14336598 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 45625907 | TotalExpensesPriorYear |
| Total Expenses Current Year | 49152942 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -7254675 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -560556 | RevenuesLessExpensesCY |
| Total Assets BOY | 196410949 | TotalAssetsBOY |
| Total Assets EOY | 213732199 | TotalAssetsEOY |
| Total Liabilities BOY | 21154071 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20367595 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 175256878 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 193364604 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SINCE ITS FOUNDING IN 1827, HANOVER COLLEGE HAS BEEN COMMITTED TO PROVIDING A TRUE LIBERAL ARTS EDUCATION. HANOVER COLLEGE OFFERS 31 MAJOR AREAS OF STUDY AS WELL AS THE OPPORTUNITY FOR STUDENTS TO SELF-DESIGN THEIR OWN MAJOR. HANOVER ALSO OFFERS SPECIALIZED CENTERS OF EXCELLENCE INCLUDING THE CENTER FOR BUSINESS PREPARATION, THE CENTER FOR CHURCH LEADERSHIP, THE CENTER FOR FREE INQUIRY, AND THE RIVERS INSTITUTE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 39626409 | Expense |
| Grants | 16373916 | Grants |
| Revenue | 27888407 | Revenue |
| Description | COLLEGE: INSTRUCTIONAL SALARIES, STUDENT FINANCIAL AID AND OTHER COSTS WHICH ARE INCURRED TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE STUDENTS. APPROXIMATELY 1,006 STUDENTS ATTENDED HANOVER DURING THE YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5485776 | Expense |
| Grants | 0 | Grants |
| Revenue | 6639198 | Revenue |
| Description | AUXILIARY ACTIVITIES: EXPENSES INCURRED FOR RESIDENTIAL HALLS, DINING HALL, CAMPUS CENTER AND VARIOUS ENTERPRISES WHICH PROVIDE GOODS AND SERVICES TO THE STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 45112185 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 92 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 900 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HEATHER CHISM | NamePerson |
| Telephone Number | 8128667089 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1 |
| City | HANOVER | City |
| State | IN | State |
| ZIP Code | 47243 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 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 |
|---|---|---|---|---|---|---|---|
| SUE DEWINE | |||||||
| PRESIDENT | 50.0 | X | X | 256958 | 0 | 15201 | |
| STEVEN C CRANE | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| JAMES R DODSON | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| GARY B MONTGOMERY | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| KENNETH L GLADISH | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| RICHARD L HALL | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MARK A LEVETT | |||||||
| VICE CHAIRMAN | 1.0 | X | X | 0 | 0 | 0 | |
| MARK WILLIAMS | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| H RICHARD MCFARLAND | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| ROBERT F MUHLHAUSER JR | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| PHILLIP D SCOTT | |||||||
| CHAIRMAN | 1.0 | X | X | 0 | 0 | 0 | |
| WILLIAM SHREWSBERRY JR | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| JAMES B STURGES | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| JOHN C TRIMBLE | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| PATRICIA STOCKTON HAGENAH | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| GEOFFREY R LORENZ | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| ELAINE KOPS-BEDEL | |||||||
| SECRETARY | 1.0 | X | X | 0 | 0 | 0 | |
| REETA HEM GUPTA BRENDAMOUR | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| DR CAROL GODFREY GREEN | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| BRENDA IGO TOWNES MD | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| JAMES K WARD | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MATT FORRESTER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MARK GABRIEL | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| DR KRIS RECTOR GLEASON | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| J JOSEPH HALE JR | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| ROSS HUBBARD | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| VERONICA WITT MARTIN | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL S NEEDLER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| JAMES L CHIP PEASE | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| RICHARD A SHEARER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| STEPHEN K SMITH | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL B ZEDDIES | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| CHRIS WELKER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| J MICHAEL BRUCE | |||||||
| VP-BUSINESS AFFAIRS | 50.0 | X | 124573 | 0 | 16511 | ||
| G DAVID YEAGER | |||||||
| VP-STUDENT AFFAIRS | 50.0 | X | 95700 | 0 | 17676 | ||
| LYNN N HALL | |||||||
| ATHLETIC DIRECTOR | 50.0 | X | 89666 | 0 | 17163 | ||
| DENNIS HUNT | |||||||
| VP OF DEVELOPMENT | 50.0 | X | 147160 | 0 | 13251 | ||
| STEVEN H JOBE | |||||||
| VP-ACADEMIC AFFAIRS | 50.0 | X | 105229 | 0 | 18549 | ||
| JON D RIESTER | |||||||
| DEAN OF ADMISSIONS | 50.0 | X | 75750 | 0 | 6439 | ||
| DARYL KARNS | |||||||
| PROFESSOR OF BIOLOGY | 50.0 | 103498 | 0 | 15796 | X | ||
| GERALD R JOHNSON | |||||||
| EXEC. DIR. OF BUSINESS SCHOOL | 50.0 | 115400 | 0 | 8784 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1113934 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 129370 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LCG ASSOCIATES | |||||
| 400 GALLERIA PARKWAY SUITE 1800 | ATLANTA | GA | 30339 | CONSULTANT | 100005 |
| REPP AND MUNDT | |||||
| 1604 COTTAGE AVE | COLUMBUS | IN | 47202 | CONTRACTOR | 542516 |
| WITZLEBEN ASSOCIATES | |||||
| 610 WEST MAIN STREET LOFT 207 | DURHAM | NC | 27701 | CONSULTANT | 115648 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 25756 | FundraisingEvents |
| All Other Contributions | 6103610 | AllOtherContributions |
| Noncash Contributions | 469374 | NoncashContributions |
| Total Contributions | 6129366 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT FEES AND TUITION | 611600 | 27635439 | 27635439 |
| DINING HALL/SNACKS | 611600 | 2926489 | 2926489 |
| RESIDENCES | 611600 | 3263381 | 3263381 |
| COLLEGE STORE | 611600 | 39228 | 39228 |
| SUMMER CONFERENCES | 611600 | 203236 | 203236 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 471671 | TotalRevenueColumn |
| Related Or Exempt Function Income | 471671 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 34539444 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2925481 | TotalRevenueColumn |
| Unrelated Business Revenue | -392286 | UnrelatedBusinessRevenue |
| Exclusion | $3,317,767 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 33957247 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 28962260 | Securities |
| Other | 20000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4994987 | Securities |
| Other | -20000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4974987 | TotalRevenueColumn |
| Related Or Exempt Function Income | -20000 | RelatedOrExemptFunctionIncome |
| Exclusion | $4,994,987 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 34072 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 25756 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 52169 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -18097 | TotalRevenueColumn |
| Exclusion | -$18,097 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | HORNER CENTER MEMBERSHIPS | Description |
| Business Code | 713940 | BusinessCode |
| Total Revenue Column | 41205 | TotalRevenueColumn |
| Unrelated Business Revenue | 41205 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 41205 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 48592386 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34519444 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -351081 | UnrelatedBusinessRevenue |
| Exclusion | $8,294,657 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16373916 | Total |
| Program Services | 16373916 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 999825 | Total |
| Program Services | 453387 | ProgramServices |
| Management And General | 358811 | ManagementAndGeneral |
| Fundraising | 187627 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14278744 | Total |
| Program Services | 12657805 | ProgramServices |
| Management And General | 726467 | ManagementAndGeneral |
| Fundraising | 894472 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263815 | Total |
| Program Services | 229941 | ProgramServices |
| Management And General | 18895 | ManagementAndGeneral |
| Fundraising | 14979 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1901940 | Total |
| Program Services | 1643598 | ProgramServices |
| Management And General | 115675 | ManagementAndGeneral |
| Fundraising | 142667 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 998104 | Total |
| Program Services | 859252 | ProgramServices |
| Management And General | 69294 | ManagementAndGeneral |
| Fundraising | 69558 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15363 | Total |
| Program Services | 565 | ProgramServices |
| Management And General | 14792 | ManagementAndGeneral |
| Fundraising | 6 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97396 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 97396 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509518 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 509518 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1352514 | Total |
| Program Services | 1126163 | ProgramServices |
| Management And General | 69932 | ManagementAndGeneral |
| Fundraising | 156419 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93294 | Total |
| Program Services | 34799 | ProgramServices |
| Management And General | 3455 | ManagementAndGeneral |
| Fundraising | 55040 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1425454 | Total |
| Program Services | 1064999 | ProgramServices |
| Management And General | 181727 | ManagementAndGeneral |
| Fundraising | 178728 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95279 | Total |
| Program Services | 63616 | ProgramServices |
| Management And General | 17252 | ManagementAndGeneral |
| Fundraising | 14411 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2801179 | Total |
| Program Services | 2689835 | ProgramServices |
| Management And General | 83738 | ManagementAndGeneral |
| Fundraising | 27606 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1452284 | Total |
| Program Services | 1276442 | ProgramServices |
| Management And General | 86154 | ManagementAndGeneral |
| Fundraising | 89688 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111943 | Total |
| Program Services | 92523 | ProgramServices |
| Management And General | 15991 | ManagementAndGeneral |
| Fundraising | 3429 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 526509 | Total |
| Program Services | 526509 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3009000 | Total |
| Program Services | 2811371 | ProgramServices |
| Management And General | 193008 | ManagementAndGeneral |
| Fundraising | 4621 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 482835 | Total |
| Program Services | 446480 | ProgramServices |
| Management And General | 31478 | ManagementAndGeneral |
| Fundraising | 4877 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT MEAL PLANS | 1642119 | 1642119 | 0 | 0 |
| BOOKS | 96956 | 96729 | 209 | 18 |
| OFF CAMPUS STUDY FEES | 349765 | 349765 | 0 | 0 |
| EQUIPMENT EXPENSE | 332840 | 319879 | 0 | 12961 |
| RECRUITING | 54112 | 54112 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -111762 | Total |
| Program Services | 298380 | ProgramServices |
| Management And General | -437085 | ManagementAndGeneral |
| Fundraising | 26943 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49152942 | Total |
| Program Services | 45112185 | ProgramServices |
| Management And General | 2156707 | ManagementAndGeneral |
| Fundraising | 1884050 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11864 | BOY |
| EOY | 5168 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1819434 | BOY |
| EOY | 2201627 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1965356 | BOY |
| EOY | 3173127 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255366 | BOY |
| EOY | 108678 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275604 | BOY |
| EOY | 263604 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 418965 | BOY |
| EOY | 419294 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 107658355 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 53815012 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55748872 | BOY |
| EOY | 53843343 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66684419 | BOY |
| EOY | 83170129 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48533551 | BOY |
| EOY | 47395072 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20697518 | BOY |
| EOY | 23152157 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 196410949 | BOY |
| EOY | 213732199 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2268113 | BOY |
| EOY | 2675114 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 449803 | BOY |
| EOY | 503759 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17384103 | BOY |
| EOY | 16065653 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1052052 | BOY |
| EOY | 1123069 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21154071 | BOY |
| EOY | 20367595 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74223421 | BOY |
| EOY | 74030805 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17863972 | BOY |
| EOY | 33066144 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83169485 | BOY |
| EOY | 86267655 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175256878 | BOY |
| EOY | 193364604 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 196410949 | BOY |
| EOY | 213732199 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -560556 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 18668282 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $36,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 36000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER LOBBYING ACTIVITIES | Identifier |
| Return Reference | PART II-B | ReturnReference |
| Explanation | THE ORGANIZATION HIRED LOBBYISTS TO SEEK FEDERAL AND STATE GRANTS TO IMPROVE INFRASTRUCTURE AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF HANOVER COLLEGE. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 8599877 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 101462958 | BeginningOfYearBalance |
| Contributions | 688793 | Contributions |
| Investment Earnings Or Losses | 14381670 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1230549 | GrantsOrScholarships |
| Other Expenditures | 6577149 | OtherExpenditures |
| End Of Year Balance | 108725723 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 101949336 | BeginningOfYearBalance |
| Contributions | 559628 | Contributions |
| Investment Earnings Or Losses | 7979167 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1759473 | GrantsOrScholarships |
| Other Expenditures | 7265700 | OtherExpenditures |
| End Of Year Balance | 101462958 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 125811272 | BeginningOfYearBalance |
| Contributions | 229175 | Contributions |
| Investment Earnings Or Losses | -13757580 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2886299 | GrantsOrScholarships |
| Other Expenditures | 7447232 | OtherExpenditures |
| End Of Year Balance | 101949336 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.19000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.81000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1417540 | OtherCostOrOtherBasis |
| Book Value | 1417540 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 335000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 83525183 | OtherCostOrOtherBasis |
| Depreciation | 36353983 | Depreciation |
| Book Value | 47506200 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10417040 | OtherCostOrOtherBasis |
| Depreciation | 8667811 | Depreciation |
| Book Value | 1749229 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11963592 | OtherCostOrOtherBasis |
| Depreciation | 8793218 | Depreciation |
| Book Value | 3170374 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 53843343 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRIVATE EQUITY | 10377365 | F |
| ALTERNATIVE INVESTMENTS | 37017707 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 47395072 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INSURANCE | 162599 |
| PERPETUAL TRUSTS | 21687697 |
| BOND ISSUE COST | 171662 |
| INTEREST RECEIVABLE | 54905 |
| REMAINDER TRUST | 1075294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 23152157 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITIES PAYABLE | Description |
| Amount | $1,123,069 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1123069 | TotalOfAmounts |
| Total Revenue | 48592386 | TotalRevenue |
| Total Expenses | 49152942 | TotalExpenses |
| Excess Or Deficit For Year | -560556 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 18668282 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 18668282 | TotalAdjustments |
| Excess Or Deficit Per FS | 18107726 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 50429403 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 18668282 | NetUnrealizedGainsInvestments |
| Other Revenues | 52169 | OtherRevenues |
| Revenue Not Rptd F990 | 18720451 | RevenueNotRptdF990 |
| Revenue Subtotal | 31708952 | RevenueSubtotal |
| Investment Expenses Not Included | 509518 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 16373916 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 16883434 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 48592386 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 32321677 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 52169 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 52169 | ExpensesNotRptdF990 |
| Expenses Subtotal | 32269508 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 509518 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 16373916 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 16883434 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 49152942 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF COLLECTIONS AND FURTHERANCE OF EXEMPT PURPOSE | PART III, LINE 4 | ARTWORK IS DISPLAYED ACROSS CAMPUS IN THE ART GALLERY. BOOKS ARE USED FOR STUDENTS, FACULTY, AND STAFF TO ASSIST IN PROVIDING EDUCATION. |
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | PART V, LINE 4 | HANOVER'S ENDOWMENT FUNDS PROMOTE THE OVERALL MISSION OF EDUCATING STUDENTS. SPECIFIC EXAMPLES INCLUDE: SCHOLARSHIPS, STUDY ABROAD, LECTURESHIPS, LIBRARY AND VARIOUS FIELDS OF STUDY. HOWEVER, A LARGE PORTION OF HANOVER'S ENDOWMENT IS FOR GENERAL PURPOSES. THIS PROVIDES THE COLLEGE WITH THE FLEXIBILITY TO DIVERT FUNDS WHERE THEY ARE NEEDED THE MOST. |
| FIN 48 DISCLOSURE | PART X | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| OTHER RECONCILIATION ITEMS | PARTS XII & XIII | LINE 2D: SPECIAL EVENT EXPENSES $ 52,169 LINE 4B: SCHOLARSHIPS $ 16,373,916 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY | LINE 3 | HANOVER COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, CREED, COLOR, SEX, AGE, NATIONAL AND ETHNIC ORIGIN, OR ON THE BASIS OF PHYSICAL HANDICAPS IN ITS ADMISSION AND EDUCATIONAL POLICIES, STUDENT FINANCIAL PROGRAMS AND OTHER PROGRAMS. THIS IS PUBLISHED IN NEWSPAPERS AND ONLINE ADVERTISEMENTS. |
| FINANCIAL AID OR ASSISTANCE RECEIVED FROM A GOVERNMENTAL AGENCY | LINE 6A | THE ORGANIZATION RECEIVES PELL GRANTS AND WORK STUDY FUNDS FROM THE FEDERAL GOVERNMENT. IN ADDITION, THE ORGANIZATION ALSO RECEIVES GRANTS FROM THE STATE OF INDIANA WHICH INCLUDE HIGHER EDUCATION, 21ST CENTURY, ROBERT BYRD, FREEDOM OF CHOICE, AND HOOSIER SCHOLARSHIPS AND/OR GRANTS. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia and the Pacific | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConducted |
| Specific Services Provided | EDUCATIONAL | SpecificServicesProvided |
| Total Expenditures | 26571 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 26571 | SubtotalAmountSpent |
| Total Amount Spent | 26571 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GUEST ARTIST | NameOfEvent1 |
| Gross Receipts Event1 | 59828 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 25756 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 34072 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 52169 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 59828 | GrossReceiptsTotal |
| Charitable Contributions Total | 25756 | CharitableContributionsTotal |
| Gross Revenue Total Events | 34072 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 52169 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 52169 | DirectExpenseSummaryEvents |
| Net Income Summary | -18097 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS/FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 1006 | NumberOfRecipients |
| Amount Of Cash Grant | 16373916 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | HANOVER COLLEGE ONLY AWARDS INSTITUTIONAL AND PRIVATELY FUNDED FINANCIAL AID AWARDS AS ASSISTANCE FOR STUDENTS BASED ON A CASE-BY-CASE BASIS, BASED ON MERIT, NEED AND EXTRACURRICULAR ACTIVITIES. IN DOING SO THE COLLEGE'S FINANCIAL AID DEPARTMENT ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROL REQUIREMENTS OF 0MB-A133, IN WHICH THEY FOLLOW ALL APPLICABLE GUIDELINES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SUE DEWINE | |||||||||||
| 256958 | 0 | 0 | 0 | 0 | 0 | 828 | 0 | 14373 | 0 | 272159 | 0 |
| DENNIS HUNT | |||||||||||
| 147160 | 0 | 0 | 0 | 0 | 0 | 652 | 0 | 12599 | 0 | 160411 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BENEFITS PROVIDED TO PRESIDENT | Identifier |
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | Hanover College provides a residence for Dr. DeWine, the College's President. The residence is furnished for the convenience of Hanover College. Dr. DeWine is required to live in the residence as a condition of her employment, and the residence is contiguous to Hanover's campus. Dr. Dewine is also provided with a fleet car to use for business purposes. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| INDIANA EDUCATIONAL FACILITIES AUTHORITY SERIES A | |||||||
| 521698917 | 455048Y50 | 2004-03-15 | 8740000 | REFUND BONDS/BOND ISSUANCE COS | false | false | false |
| INDIANA EDUCATIONAL FACILITIES AUTHORITY SERIES B | |||||||
| 521698917 | 455048U71 | 2004-03-15 | 8630000 | REFUND BONDS/BOND ISSUANCE COS | false | false | false |
| INDIANA EDUCATIONAL FACILITIES AUTHORITY | |||||||
| 521698917 | 2007-05-01 | 6000000 | RESIDENCE/DINING HALLS RENOVAT | false | false | false | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|
| 8740000 | 128409 | 2001 | true | false | true | true |
| 8630000 | 106906 | 2001 | true | false | true | true |
| 6225373 | 57150 | 2008 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | true | true |
| false | false | false | false | true | true |
| false | false | false | false | true | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | true | false | false | false | true |
| false | false | false | false | false | true |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BOND ISSUE PRICE DISCREPANCY ON FORM 8038 | Identifier |
| Return Reference | SCHEDULE K, PART I | ReturnReference |
| Explanation | THE ISSUE PRICE OF THE 2007 SERIES BONDS IN COLUMN C DOES NOT EQUAL THE AMOUNT REPOTED ON FORM 8038 OF $6,000,000 DUE TO INTEREST EARNED ON THE ISSUE OF $225,373. THE TOTAL REPORTED IN COLUMN C, PART II, LINE I THEREFORE 6,225,373. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4800 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 445074 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | ANIMAL SKELETONS | Description |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 19500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTIES WHO SELL NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | PART I, LINE 32A | ReturnReference |
| Explanation | THE ORGANIZATION USES CITY SECURITIES AND CHARLES SCHWAB TO SELL STOCK GIFTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCESS TO REVIEW FORM 990 | FORM 990, PART VI, LINE 11B | THE 990 IS FIRST REVIEWED BY THE CONTROLLER AND THEN BY THE VP FOR BUSINESS AFFAIRS. THE 990 WILL THEN GO TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR FINAL REVIEW AND THEN TO THE FULL BOARD OF TRUSTEES FOR FINAL APPROVAL. |
| MONITORING & ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY THE BOARD OF TRUSTEES, REVIEWED BY THE PRESIDENT, AND THE COPIES ARE KEPT ON FILE IN THE PRESIDENT'S OFFICE. IF A CONFLICT IS FOUND, THE INTERESTED PERSON SHALL NOT BE PRESENT OR PARTICIPATE IN THE VOTE ON WHETHER TO ENTER INTO SUCH TRANSACTION WITH THE INTERESTED PERSON, BUT MAY BE COUNTED FOR PURPOSES OF DETERMINING THE EXISTENCE OF A QUORUM. IF THE INTERESTED PERSON IS COUNTED FOR QUORUM PURPOSES, THE ACTION MUST BE APPROVED BY A SUFFICIENT NUMBER OF VOTES BASED UPON THAT QUORUM. FOR EXAMPLE, IF A MAJORITY VOTE OF THE QUORUM IS REQUIRED TO APPROVE AN ACTION, AND EIGHT (8) TRUSTEES CONSTITUTE A QUORUM, THE ACTION MUST BE APPROVED BY FIVE (5) OF THE SEVEN (7) DISINTERESTED TRUSTEES VOTING ON THE TRANSACTION OR ARRANGEMENT. |
| PROCESS TO DETERMINE PRESIDENT AND OFFICER COMPENSATION | FORM 990, PART VI, LINES 15A & 15B | THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE BOARD OF TRUSTEES EVERY TWO YEARS AND DOCUMENTED IN THE BOARD MINUTES. HER LAST REVIEW TOOK PLACE IN 2010. THE PRESIDENT COMPLETES THE COMPENSATION REVIEWS FOR EACH OF THE OFFICERS AND KEEPS THE REVIEWS ON FILE IN HER OFFICE. THE OFFICER'S COMPENSATION WAS LAST REVIEWED IN JUNE 2011. |
| AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FS | FORM 990, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALSO KEPT IN THE LIBRARY FOR PUBLIC INSPECTION. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCE | FORM 990, PART XII, LINE 5 | NET UNREALIZED GAIN ON INVESTMENTS $18,668,282 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLD MILL LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 108 | AddressLine1 |
| City | HANOVER | City |
| State | IN | State |
| ZIP Code | 47243 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351920556 | EIN |
| Primary Activities | CATERING | PrimaryActivities |
| Legal Domicile State | IN | LegalDomicileState |
| Total Income | 10366 | TotalIncome |
| EOY Assets | 1000 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANOVER COLL | BusinessNameLine1 |