2012-03-05T08:01:54-05:00 2011-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2010-07-01 350868096 HANOVER COLLEGE HANO 8128667000 PO BOX 108 HANOVER IN 47243 MICHAEL BRUCE 8128667089 2012-05-15 true JOYCE DULWORTH 3173834000 2010 2016-02-24 21:20:13Z SUE DEWINE PRESIDENT PO BOX 108 HANOVER IN 47243 77626815 false X WWW.HANOVER.EDU X 1885 IN HANOVER COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION THAT PROVIDES LIFELONG LEARNING OPPORTUNITIES IN MORE THAN 30 ACADEMIC DISCIPLINES. 32 31 306 31 -351081 -357698 2595264 6129366 29891478 34539444 5520369 7900468 364121 23108 38371232 48592386 14637755 16373916 0 0 17489465 18442428 0 0 1884050 13498687 14336598 45625907 49152942 -7254675 -560556 196410949 213732199 21154071 20367595 175256878 193364604 X 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. false false 39626409 16373916 27888407 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. 5485776 0 6639198 AUXILIARY ACTIVITIES: EXPENSES INCURRED FOR RESIDENTIAL HALLS, DINING HALL, CAMPUS CENTER AND VARIOUS ENTERPRISES WHICH PROVIDE GOODS AND SERVICES TO THE STUDENTS. 45112185 true true false true false false true false true true true false true true false true false true false true false false false true false false false true true true false false false false false false false false false false true true false false true false false false false false true 92 0 true 900 true true true false false false false false false false false false X 32 31 false false false false false false false true true false false true true true true true true true true false IN X HEATHER CHISM 8128667089 PO BOX 108 HANOVER IN 47243 SUE DEWINE 50.0 X X 256958 0 15201 STEVEN C CRANE 1.0 X 0 0 0 JAMES R DODSON 1.0 X 0 0 0 GARY B MONTGOMERY 1.0 X 0 0 0 KENNETH L GLADISH 1.0 X 0 0 0 RICHARD L HALL 1.0 X 0 0 0 MARK A LEVETT 1.0 X X 0 0 0 MARK WILLIAMS 1.0 X 0 0 0 H RICHARD MCFARLAND 1.0 X 0 0 0 ROBERT F MUHLHAUSER JR 1.0 X 0 0 0 PHILLIP D SCOTT 1.0 X X 0 0 0 WILLIAM SHREWSBERRY JR 1.0 X 0 0 0 JAMES B STURGES 1.0 X 0 0 0 JOHN C TRIMBLE 1.0 X 0 0 0 PATRICIA STOCKTON HAGENAH 1.0 X 0 0 0 GEOFFREY R LORENZ 1.0 X 0 0 0 ELAINE KOPS-BEDEL 1.0 X X 0 0 0 REETA HEM GUPTA BRENDAMOUR 1.0 X 0 0 0 DR CAROL GODFREY GREEN 1.0 X 0 0 0 BRENDA IGO TOWNES MD 1.0 X 0 0 0 JAMES K WARD 1.0 X 0 0 0 MATT FORRESTER 1.0 X 0 0 0 MARK GABRIEL 1.0 X 0 0 0 DR KRIS RECTOR GLEASON 1.0 X 0 0 0 J JOSEPH HALE JR 1.0 X 0 0 0 ROSS HUBBARD 1.0 X 0 0 0 VERONICA WITT MARTIN 1.0 X 0 0 0 MICHAEL S NEEDLER 1.0 X 0 0 0 JAMES L CHIP PEASE 1.0 X 0 0 0 RICHARD A SHEARER 1.0 X 0 0 0 STEPHEN K SMITH 1.0 X 0 0 0 MICHAEL B ZEDDIES 1.0 X 0 0 0 CHRIS WELKER 1.0 X 0 0 0 J MICHAEL BRUCE 50.0 X 124573 0 16511 G DAVID YEAGER 50.0 X 95700 0 17676 LYNN N HALL 50.0 X 89666 0 17163 DENNIS HUNT 50.0 X 147160 0 13251 STEVEN H JOBE 50.0 X 105229 0 18549 JON D RIESTER 50.0 X 75750 0 6439 DARYL KARNS 50.0 X 103498 0 15796 GERALD R JOHNSON 50.0 X 115400 0 8784 1113934 0 129370 6 false true false 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 3 25756 6103610 469374 6129366 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 471671 471671 34539444 2925481 -392286 3317767 0 0 33957247 28962260 20000 4994987 -20000 4974987 -20000 4994987 34072 25756 52169 -18097 -18097 0 0 HORNER CENTER MEMBERSHIPS 713940 41205 41205 41205 48592386 34519444 -351081 8294657 0 16373916 16373916 0 0 999825 453387 358811 187627 0 0 0 0 14278744 12657805 726467 894472 263815 229941 18895 14979 1901940 1643598 115675 142667 998104 859252 69294 69558 0 0 0 0 15363 565 14792 6 97396 0 97396 0 0 0 0 0 0 0 509518 0 509518 0 1352514 1126163 69932 156419 93294 34799 3455 55040 1425454 1064999 181727 178728 95279 63616 17252 14411 0 0 0 0 2801179 2689835 83738 27606 1452284 1276442 86154 89688 0 0 0 0 111943 92523 15991 3429 526509 526509 0 0 0 0 0 0 3009000 2811371 193008 4621 482835 446480 31478 4877 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 -111762 298380 -437085 26943 49152942 45112185 2156707 1884050 11864 5168 1819434 2201627 1965356 3173127 255366 108678 275604 263604 418965 419294 107658355 53815012 55748872 53843343 66684419 83170129 48533551 47395072 20697518 23152157 196410949 213732199 2268113 2675114 449803 503759 17384103 16065653 1052052 1123069 21154071 20367595 X 74223421 74030805 17863972 33066144 83169485 86267655 175256878 193364604 196410949 213732199 X -560556 18668282 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 36000 36000 false false OTHER LOBBYING ACTIVITIES PART II-B THE ORGANIZATION HIRED LOBBYISTS TO SEEK FEDERAL AND STATE GRANTS TO IMPROVE INFRASTRUCTURE AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF HANOVER COLLEGE. 8599877 X X X X false 101462958 688793 14381670 1230549 6577149 108725723 101949336 559628 7979167 1759473 7265700 101462958 125811272 229175 -13757580 2886299 7447232 101949336 0.19000 0.81000 true false 1417540 1417540 335000 83525183 36353983 47506200 10417040 8667811 1749229 11963592 8793218 3170374 53843343 PRIVATE EQUITY 10377365 F ALTERNATIVE INVESTMENTS 37017707 F 47395072 INSURANCE 162599 PERPETUAL TRUSTS 21687697 BOND ISSUE COST 171662 INTEREST RECEIVABLE 54905 REMAINDER TRUST 1075294 23152157 0 ANNUITIES PAYABLE 1123069 1123069 48592386 49152942 -560556 18668282 18668282 18107726 50429403 18668282 52169 18720451 31708952 509518 16373916 16883434 48592386 32321677 52169 52169 32269508 509518 16373916 16883434 49152942 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 true true true true true true true false false false false false false false false true false true 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. East Asia and the Pacific 0 0 Program Services EDUCATIONAL 26571 0 0 0 0 26571 26571 true false true true false false GUEST ARTIST 59828 25756 34072 52169 0 59828 25756 34072 52169 52169 -18097 true SCHOLARSHIPS/FINANCIAL AID 1006 16373916 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES PART I, LINE 2 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. X true true X X X false false false false false false false false 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 BENEFITS PROVIDED TO PRESIDENT PART I, LINE 1A 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. 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 8740000 128409 2001 true false true true 8630000 106906 2001 true false true true 6225373 57150 2008 false false true true false false false false true true false false false false true true false false false false true true false false false false false true false true false false false true false false false false false true BOND ISSUE PRICE DISCREPANCY ON FORM 8038 SCHEDULE K, PART I 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. X 1 4800 APPRAISAL X 6 445074 FAIR MARKET VALUE X ANIMAL SKELETONS 5 19500 APPRAISAL false true true THIRD PARTIES WHO SELL NONCASH CONTRIBUTIONS PART I, LINE 32A THE ORGANIZATION USES CITY SECURITIES AND CHARLES SCHWAB TO SELL STOCK GIFTS. 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 OLD MILL LLC PO BOX 108 HANOVER IN 47243 351920556 CATERING IN 10366 1000 HANOVER COLL