COE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- COE COLLEGE (EIN 42-0686467)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201223189349304032
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T15:58:28-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 THIRD AVENUE SE STE 300 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 524011512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420686467 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COEC | NameControl |
| Phone | 3193998643 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BUSINESS OFFICE 1220 1ST AVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD E RHEINSCHMIDT | Name |
| Title | CONTROLLER | Title |
| Phone | 3193998643 | Phone |
| Date Signed | 2012-11-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| PTIN | P00091057 | PTIN |
| Phone | 3192985333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES R PHIFER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 FIRST AVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 88989379 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.COE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1881 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | COE COLLEGE IS A PRIVATE, FOUR-YEAR CO-EDUCATIONAL LIBERAL ARTS COLLEGE | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 40 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 37 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1462 | TotalNbrEmployees |
| Total Nbr Volunteers | 202 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5817795 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12712765 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 46365926 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49461844 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6157171 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3491233 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1466 | OtherRevenuePriorYear |
| Other Revenue Current Year | -2277 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 58339426 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65663565 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21188240 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23055697 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19202555 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20226297 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1358430 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15114715 | OtherExpensePriorYear |
| Other Expenses Current Year | 15405503 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 55505510 | TotalExpensesPriorYear |
| Total Expenses Current Year | 58687497 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2833916 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6976068 | RevenuesLessExpensesCY |
| Total Assets BOY | 152035827 | TotalAssetsBOY |
| Total Assets EOY | 167709497 | TotalAssetsEOY |
| Total Liabilities BOY | 34796040 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 41750768 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 117239787 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 125958729 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 43701024 | Expense |
| Grants | 23055697 | Grants |
| Revenue | 41785333 | Revenue |
| Description | EDUCATIONAL-COEDUCATIONAL INSTITUTE OFFERING A 4 YR COURSE IN THE ARTS & SCIENCES, SUMMER, GRADUATE STUDY, MASTERS OF ARTS IN TEACHING PROGRAMS ARE MAINTAINED IN ADDITION TO THE REGULAR SCHOOL YEAR. THERE ARE 1,312 FALL TERM AND 1,241 SPRING TERM FULL TIME STUDENTS AND 133 PART TIME STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4618842 | Expense |
| Revenue | 7676511 | Revenue |
| Description | AUXILIARY ENTERPRISES-INCLUDING RESIDENCE HALLS & COLLEGE RENTAL HOUSING, FOOD SERVICES, STUDENT UNION & SUMMER CONFERENCES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5135615 | Expense |
| Description | PROGRAM SERVICES-EXPENDITURES FOR OPERATION AND MAINTENANCE OF FACILITIES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 53455481 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | 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 | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 230 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1462 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 40 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 37 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD E RHEINSCHMIDT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3193998643 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | COE COLLEGE-1220 1ST AVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (49 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 |
|---|---|---|---|---|---|---|---|
| JAMES R PHIFER | |||||||
| TRUSTEE - PRESIDENT | 40.00 | X | X | 240204 | 0 | 39296 | |
| TERRY ABERNATHY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DARYL BANKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PETER BIRKEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN L CAVES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT CHIUSANO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TOM ELLIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID GEHRING | |||||||
| TRUSTEE - SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| JOHN GIROTTO | |||||||
| TRUSTEE - VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| KENT GOLDER | |||||||
| TRUSTEE - SECOND VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| TONY GOLOBIC | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KEITH HALL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GENE HENDERSON | |||||||
| TRUSTEE - CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |
| KENT HERINK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SHIRLEY HUGHES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOUG HYDE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BILL JOHNSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN KLINE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY JEANNE KROB | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOAN M LIPSKY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| VINCENT MARTIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JULIE MCLEAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CURT MENEFEE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PAUL MEYER | |||||||
| TRUSTEE - TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| LIZA OVROM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHUCK PETERS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KENT PILCHER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SIGI REYNOLDS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DONALD RIBBLE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BRETT RULE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM R SHUTTLEWORTH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STAN SMITH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GARY SOJKA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BRUCE SPIVEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN STROHM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LORI STURDEVANT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVE VAN EVERY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CARSON VEACH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| J DAVID CARSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN ECKSTEIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD MEISTERLING | |||||||
| VP ADVANCEMENT & ASST SECY | 40.00 | X | 164443 | 0 | 18442 | ||
| LOUIS STARK | |||||||
| VP STUDENT AFFAIRS | 40.00 | X | 131631 | 0 | 24772 | ||
| MICHAEL WHITE | |||||||
| VP ADMINISTRATION/ASST SEC | 40.00 | X | 161857 | 0 | 27824 | ||
| RICHARD RHEINSCHMIDT | |||||||
| CONTROLLER, ASTN SECY & TR | 40.00 | X | 145113 | 0 | 18235 | ||
| MARIE BAEHR TIMKO | |||||||
| VP ACADEMIC AFFAIRS & DEAN | 40.00 | X | 134498 | 0 | 25781 | ||
| FRANCIS MARY MISKIMEN | |||||||
| ASST SECY | 40.00 | X | 56716 | 0 | 10582 | ||
| STEVEN FELLER | |||||||
| PROF/PHYSICS | 40.00 | 130519 | 0 | 22959 | X | ||
| MARIO AFFATIGATO | |||||||
| PROF/PHYSICS | 40.00 | 114930 | 0 | 12971 | X | ||
| WENDY DUNN | |||||||
| PROF/PSYCHOLOGY & DIR INST | 40.00 | 113060 | 0 | 25777 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1392971 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 226639 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | 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 |
|---|---|---|---|---|---|
| WEITZ COMPANY LLC | |||||
| 1065 SIERRA CT NE | CEDAR RAPIDS | IA | 52402 | CONSTRUCTION | 6903601 |
| SODEXO INC | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICE | 2181497 |
| OLMSTEAD CONSTRUCTION INC | |||||
| 651 58TH AVE CT | CEDAR RAPIDS | IA | 52404 | CONSTRUCTION | 827316 |
| ADVANCE BUILDERS CORP | |||||
| 707 27TH AVE SW | CEDAR RAPIDS | IA | 52404 | CONSTRUCTION | 511887 |
| BWBR ARCHITECTS | |||||
| 380 SAINT PETER ST STE 600 | ST PAUL | MN | 55102 | ARCHITECT | 481977 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Fundraising Events | 9500 | FundraisingEvents |
| Government Grants | 4393005 | GovernmentGrants |
| All Other Contributions | 8310260 | AllOtherContributions |
| Noncash Contributions | 1787589 | NoncashContributions |
| Total Contributions | 12712765 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION/FEES | 611600 | 41375998 | 41375998 |
| AUXILIARY ENTERPRISES | 611600 | 7676511 | 7676511 |
| MISC FEES & CHARGE | 611710 | 409335 | 409335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49461844 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3622903 | TotalRevenueColumn |
| Exclusion | $3,622,903 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23172232 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23303902 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -131670 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -131670 | TotalRevenueColumn |
| Exclusion | -$131,670 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 19635 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9500 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 21912 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2277 | TotalRevenueColumn |
| Exclusion | -$2,277 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65663565 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49461844 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,488,956 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23055697 | Total |
| Program Services | 23055697 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1065615 | Total |
| Management And General | 592897 | ManagementAndGeneral |
| Fundraising | 472718 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15312505 | Total |
| Program Services | 13821758 | ProgramServices |
| Management And General | 1312744 | ManagementAndGeneral |
| Fundraising | 178003 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3848177 | Total |
| Program Services | 3120364 | ProgramServices |
| Management And General | 491088 | ManagementAndGeneral |
| Fundraising | 236725 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50670 | Total |
| Management And General | 50670 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121505 | Total |
| Program Services | 3000 | ProgramServices |
| Management And General | 118505 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45691 | Total |
| Management And General | 45691 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411737 | Total |
| Program Services | 218756 | ProgramServices |
| Management And General | 130038 | ManagementAndGeneral |
| Fundraising | 62943 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 998400 | Total |
| Program Services | 658783 | ProgramServices |
| Management And General | 188308 | ManagementAndGeneral |
| Fundraising | 151309 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229737 | Total |
| Program Services | 410458 | ProgramServices |
| Management And General | -207211 | ManagementAndGeneral |
| Fundraising | 26490 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2615362 | Total |
| Program Services | 2477736 | ProgramServices |
| Management And General | 137626 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 689831 | Total |
| Program Services | 524962 | ProgramServices |
| Management And General | 57686 | ManagementAndGeneral |
| Fundraising | 107183 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 888767 | Total |
| Program Services | 888767 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2506279 | Total |
| Program Services | 2506279 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACTED SERVICES | 2394681 | 2260808 | 133873 | |
| INSTRUCTIONAL EXPENSE | 2073739 | 1991923 | 81816 | |
| EQUIP, RENTAL & MAINT | 666230 | 415086 | 246211 | 4933 |
| RECRUITING | 382588 | 382588 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1330286 | Total |
| Program Services | 718516 | ProgramServices |
| Management And General | 575460 | ManagementAndGeneral |
| Fundraising | 36310 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58687497 | Total |
| Program Services | 53455481 | ProgramServices |
| Management And General | 3873586 | ManagementAndGeneral |
| Fundraising | 1358430 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22322730 | BOY |
| EOY | 5953302 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2084451 | BOY |
| EOY | 2680120 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 497460 | BOY |
| EOY | 506496 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 750000 | BOY |
| EOY | 750000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 453482 | BOY |
| EOY | 672218 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 84785431 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 27808596 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49068179 | BOY |
| EOY | 56976835 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46668453 | BOY |
| EOY | 63838950 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11412333 | BOY |
| EOY | 14492568 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7610905 | BOY |
| EOY | 7360659 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11167834 | BOY |
| EOY | 14478349 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152035827 | BOY |
| EOY | 167709497 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3797217 | BOY |
| EOY | 6483658 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183506 | BOY |
| EOY | 178044 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19196788 | BOY |
| EOY | 21214037 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 975000 | BOY |
| EOY | 2750000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10643529 | BOY |
| EOY | 11125029 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34796040 | BOY |
| EOY | 41750768 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32144895 | BOY |
| EOY | 35720060 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6216171 | BOY |
| EOY | 6585540 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78878721 | BOY |
| EOY | 83653129 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117239787 | BOY |
| EOY | 125958729 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152035827 | BOY |
| EOY | 167709497 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6976068 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1742874 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 14116983 | 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 |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | EDUCATIONAL | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 78484551 | BeginningOfYearBalance |
| Contributions | 4908284 | Contributions |
| Investment Earnings Or Losses | 2734108 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1333107 | GrantsOrScholarships |
| Other Expenditures | -512560 | OtherExpenditures |
| End Of Year Balance | 85306396 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 75721149 | BeginningOfYearBalance |
| Contributions | 590165 | Contributions |
| Investment Earnings Or Losses | 6618173 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1346092 | GrantsOrScholarships |
| Other Expenditures | 3098844 | OtherExpenditures |
| End Of Year Balance | 78484551 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 70206609 | BeginningOfYearBalance |
| Contributions | 1168959 | Contributions |
| Investment Earnings Or Losses | 9495167 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1313966 | GrantsOrScholarships |
| Other Expenditures | 3835620 | OtherExpenditures |
| End Of Year Balance | 75721149 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 77956009 | BeginningOfYearBalance |
| Contributions | 1458007 | Contributions |
| Investment Earnings Or Losses | -1927639 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1501083 | GrantsOrScholarships |
| Other Expenditures | 5778685 | OtherExpenditures |
| End Of Year Balance | 70206609 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.94470 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.05530 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12084915 | OtherCostOrOtherBasis |
| Book Value | 12084915 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 50882251 | OtherCostOrOtherBasis |
| Depreciation | 19082367 | Depreciation |
| Book Value | 31799884 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2061056 | OtherCostOrOtherBasis |
| Depreciation | 1458784 | Depreciation |
| Book Value | 602272 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10393906 | OtherCostOrOtherBasis |
| Depreciation | 7267445 | Depreciation |
| Book Value | 3126461 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9363303 | OtherCostOrOtherBasis |
| Book Value | 9363303 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 56976835 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH VALUE OF LIFE INSURANCE | 636318 | F |
| TRUST AGREEMENTS | 8743938 | F |
| ALTERNATIVE INVESTMENTS | 3414910 | F |
| REAL EST, LAND & MNRL RIGHTS | 1697402 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14492568 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 361366 |
| ARTWORK | 14116983 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 14478349 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO US GOVT-PERKINS LOAN | $5,578,472 |
| ANNUITY PAYABLE | $1,410,440 |
| DEPOSITS HELD ON BEHALF OTHERS | $264,511 |
| LIABILITY TO LIFE INCOME BENEFICIARIES | $543,600 |
| ACCRUED PENSION COST | $1,838,219 |
| ACCRUED LOSS ON INTEREST RATE SWAPS | $1,489,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11125029 | TotalOfAmounts |
| Total Revenue | 65663565 | TotalRevenue |
| Total Expenses | 58687497 | TotalExpenses |
| Excess Or Deficit For Year | 6976068 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -580786 | NetUnrealizedGLOnInvestments |
| Other | $2,323,660 | OtherAmount |
| Total Adjustments | 1742874 | TotalAdjustments |
| Excess Or Deficit Per FS | 8718942 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 41981391 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -626477 | OtherRevenues |
| Revenue Not Rptd F990 | -626477 | RevenueNotRptdF990 |
| Revenue Subtotal | 42607868 | RevenueSubtotal |
| Other Revenues Not Included | 23055697 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23055697 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65663565 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 35586109 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 35586109 | ExpensesSubtotal |
| Other Expenses Not Included | 23101388 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23101388 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 58687497 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE COMMITTEE ON THE PERMANENT COLLECTION OF ART SHALL DETERMINE IF THE PROPOSED GIFT OF ARTWORK IS SUITABLE FOR ACCEPTANCE BY CONSIDERING WHETHER THE FOLLOWING CONDITIONS HAVE BEEN MET: THE ARTWORK FURTHERS THE MISSION OF COE COLLEGE. THE ARTWORK IS COMPATIBLE WITH OR COMPLEMENTARY TO THE CURRENT ART COLLECTION. THE DONOR HAS VALID OWNERSHIP OF THE ARTWORK, AND IS FREE TO CONVEY THE WORK. THERE ARE NO UNTENABLE RESTRICTIONS, RESERVATIONS OR LIMITATIONS PLACED ON THE ARTWORK OR ITS DISPLAY. THE COSTS FOR RESTORATION, MAINTENANCE AND INSURANCE ARE REASONABLE AND APPROPRIATE. THE COMMITTEE ON THE PERMANENT COLLECTION OF ART PROVIDES THE PRESIDENT WITH A RECOMMENDATION FOR ACCEPTANCE OR REFUSAL. | |
| PART V, LINE 4: | THE COE COLLEGE ENDOWMENT FUND HAS BEEN ESTABLISHED BY THE BOARD OF TRUSTEES AS AN INVESTMENT PORTFOLIO FOR THE ASSETS CONTRIBUTED BY DONORS FOR THE CONTINUING SUPPORT OF THE COLLEGE AND OTHER DONOR DESIGNATED PURPOSES. THE DEVELOPMENT AND EXPANSION OF THIS FUND IS AN IMPORTANT PART OF THE COLLEGE'S OBJECTIVES FOR MAINTAINING QUALITY IN FACULTY, STUDENTS AND FACILITIES. THE FUND IS COMPRISED OF PERMANENT, TERM AND QUASI ENDOWMENT ASSETS. ALL ENDOWMENT INCOME SUPPORTS THE COLLEGE OPERATIONS AND PROVIDES SCHOLARSHIPS FOR STUDENTS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE COLLEGE IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE COLLEGE FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABLITY. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE FISCAL YEARS ENDED JUNE 30, 2008 AND PRIOR. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| ADJUSTMENT FOR FACULTY RETIREMENT PLAN 63,647. CHANGE IN FMV - INTEREST RATE SWAP -600,265. CHANGE IN ANNUITY & LIFE AGREEMENTS -424,722. CHANGE IN ACCOUNTING PRINCIPLE, ARTWORK HELD 3,285,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: 2,323,660. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| INVESTMENT EXPENSES RECLASSIFIED AS AN EXPENSE -45,691. UNREALIZED LOSS ON INVESTMENTS -580,786. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| COLLEGE AWARDED FINANCIAL AID 23,055,697. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| COLLEGE AWARDED FINANCIAL AID 23,055,697. INVESTMENT EXPENSES RECLASSIFIED FROM REVENUE 45,691. | 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 | THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE NEWSPAPER IN EMPLOYMENT ADVERTISEMENT AND IN THE COLLEGE HANDBOOK. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | COE COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD | 38819 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD | 254309 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD | 40729 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD | 44300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 378157 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 378157 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ATHLETIC GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 29135 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9500 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 19635 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 650 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 19945 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 1317 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 29135 | GrossReceiptsTotal |
| Charitable Contributions Total | 9500 | CharitableContributionsTotal |
| Gross Revenue Total Events | 19635 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 650 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 19945 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 1317 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 21912 | DirectExpenseSummaryEvents |
| Net Income Summary | -2277 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| ENDOWED PRIZES | 66 | 31421 | N/A | N/A |
| GIFT PRIZES | 19 | 4330 | N/A | N/A |
| GIFT SCHOLARSHIPS | 68 | 1230903 | N/A | N/A |
| ENDOWED SCHOLARSHIPS | 302 | 1851683 | N/A | N/A |
| GENERAL SCHOLARSHIPS | 1311 | 19150000 | N/A | N/A |
| TUITION DISCOUNTS | 30 | 787360 | 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: COE COLLEGE RECEIVES VARIOUS FEDERAL GRANTS FROM NSF, DEPT OF EDUCATION AND OTHER AGENCIES OR BRANCHES OF THE US GOVERNMENT. SEPARATE ACCOUNTS ARE USED FOR EACH GRANT TO MONITOR RECEIPTS AND DISBURSEMENTS. THE COLLEGE FOLLOWS APPROPRIATE ACCOUNTING AND INTERNAL CONTROL PROCEDURES. ALL REQUIRED FINANCIAL REPORTING TO THE GRANT PROVIDER ARE COMPLETED TIMELY AND AUDITS BY AN INDEPENDENT CPA FIRM ARE DONE WHEN REQUIRED. THE COLLEGE ANNUALLY FILES AN A-133. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES R PHIFER | |||||||||||||
| 227121 | 0 | 0 | 0 | 13083 | 0 | 16100 | 0 | 23196 | 0 | 279500 | 0 | 0 | 0 |
| RICHARD MEISTERLING | |||||||||||||
| 154616 | 0 | 0 | 0 | 9827 | 0 | 10913 | 0 | 7529 | 0 | 182885 | 0 | 0 | 0 |
| LOUIS STARK | |||||||||||||
| 120067 | 0 | 0 | 0 | 11564 | 0 | 8834 | 0 | 15938 | 0 | 156403 | 0 | 0 | 0 |
| MICHAEL WHITE | |||||||||||||
| 153392 | 0 | 0 | 0 | 8465 | 0 | 11216 | 0 | 16608 | 0 | 189681 | 0 | 0 | 0 |
| RICHARD RHEINSCHMIDT | |||||||||||||
| 136803 | 0 | 0 | 0 | 8310 | 0 | 9736 | 0 | 8499 | 0 | 163348 | 0 | 0 | 0 |
| MARIE BAEHR TIMKO | |||||||||||||
| 134034 | 0 | 0 | 0 | 464 | 0 | 9812 | 0 | 15969 | 0 | 160279 | 0 | 0 | 0 |
| STEVEN FELLER | |||||||||||||
| 99403 | 0 | 0 | 0 | 31116 | 0 | 7373 | 0 | 15586 | 0 | 153478 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | EMPLOYMENT AGREEMENT STATES COE COLLEGE REQUIRES THAT ITS PRESIDENT LIVE IN A PRESIDENT'S HOUSE OR MANOR OWNED BY THE COLLEGE BECAUSE OF ITS REQUIREMENT THAT THE PRESIDENT CONDUCT SIGNIFICANT BUSINESS ACTIVITIES AND COLLEGE RELATED ENTERTAINMENT ON COLLEGE PROPERTY. THE RESIDENCE LOCATED AT 370 34TH STREET SE, CEDAR RAPIDS,IOWA, WHICH IS OWNED BY THE COLLEGE, IS DESIGNATED THE OFFICIAL COLLEGE MANOR. COUNTRY CLUB DUES ARE INCLUDED IN TAXABLE INCOME ON W-2S. |
| PART I, LINE 4B | THE PRESIDENT'S DEFERRED COMPENSATION PLAN IS A 457(F) PLAN. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| CITY OF ROBINS IOWA | ||||||
| 420887558 | 2009-07-22 | 2513333 | SEE PART VI | 0 | 0 | 0 |
| CITY OF ROBINS IOWA | ||||||
| 420887558 | 2009-07-22 | 5819543 | SEE PART VI | 0 | 0 | 0 |
| CITY OF HIAWATHA IOWA | ||||||
| 426025060 | 2007-06-08 | 4500000 | CONSTRUCTION/RENOVATION | 0 | 0 | 0 |
| CITY OF ROBINS IOWA | ||||||
| 420887558 | 2009-07-22 | 6100000 | SEE PART VI | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Other Spent ProceedsOtherSpentProceeds |
|---|---|---|---|---|---|---|---|---|
| 2513333 | 41461 | 2471872 | 2002 | 0 | 0 | 1 | 1 | |
| 5861846 | 59192 | 1953507 | 2005 | 1 | 0 | 1 | 1 | 3849147 |
| 4500000 | 34326 | 4465674 | 2008 | 0 | 0 | 1 | 1 | |
| 6106078 | 23929 | 1582149 | 2010 | 1 | 0 | 1 | 1 | 4500000 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs | Engage Bond Counsel ContractsEngageBondCounselContracts |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 | |
| 0 | 0 | 1 | 0 | 0.11400 | 0.00000 | 0.11400 | 1 | 1 |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 | |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART I, COLUMN F, LINE A, ENTITY 1 | REISSUANCE OF 2002 BONDS (4/8/2002) WHICH WERE USED FOR CONSTRUCTION/RENOVATION |
| SCHEDULE K, PART I, COLUMN F, LINE B, ENTITY 1 | REISSUANCE OF 2004 BONDS (6/29/2004) WHICH WERE USED TO REFUND PRIOR ISSUE (6/6/2000) AND FOR CONSTRUCTION/RENOVATION |
| SCHEDULE K, PART I, COLUMN F, LINE D, ENTITY 1 | REFUND PRIOR ISSUE (7/15/1998), CONSTRUCTION/RENOVATION |
| SCHEDULE K, PART II, LINE 3, ENTITY 1 | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART 1, COLUMN(E) DUE TO INVESTMENT EARNINGS. |
| SCHEDULE K, PART II, LINE 3, ENTITY 2 | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART 1, COLUMN(E) AS THIS DEBT WAS ISSUED ON A DRAW-DOWN BASIS AND THE TOTAL PRINCIPAL AVAILABLE HAS NOT YET BEEN DRAWN. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF ROBINS IOWA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 420887558 | IssuerEIN |
| Date Issued | 2011-08-05 | DateIssued |
| Issue Price | 4800000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION/RENOVATION | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 2081145 | TotalProceeds |
| Issuance Costs From Proceeds | 24124 | IssuanceCostsFromProceeds |
| Capital Expenditures | 1350001 | CapitalExpenditures |
| Amount Unspent | 707020 | AmountUnspent |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN STROHM | NamePerson |
| Purpose Of Loan | ENDOW INVESTMENT | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $750,000 | OriginalPrincipalAmount |
| Balance Due | 750000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 750000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| STEVE CAVES | |||
| TRUSTEE | 910015 | STEVE IS AN EMPLOYEE OF US BANK WHICH PROVIDES SERVICES TO COE COLLEGE. | 0 |
| JAMES PHIFER | |||
| PRESIDENT | 10096 | JIM'S WIFE, LINNIE WAS EMPLOYED BY COE COLLEGE. | 0 |
| JOHN STROHM | |||
| TRUSTEE | 0 | JOHN STROHM AND COE COLLEGE HAVE GREATER THAN 10% OWNERSHIP INTERESTS IN FRTL-US2010, LLLP, FRTL-US2011,LLLP, AND FRTL-US2012, LLLP. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 31 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1787589 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | COE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | JOHN STROHM - TRUSTEE, DAVID CARSON - TRUSTEE, KEN GOLDER - TRUSTEE AND RICHARD MEISTERLING - OFFICER & KEY EMPLOYEE HAVE A BUSINESS RELATIONSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE COLLEGE'S BUDGET AND AUDIT SUBCOMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS A THOROUGH REVIEW OF ALL FORM 990'S FILED BY THE COLLEGE PRIOR TO BEING FILED WITH THE IRS. THE SUBCOMMITTEE RECEIVES THE RETURNS FROM THE PAID PREPARER, MCGLADREY LLP THE SUBCOMMITTEE AND A REPRESENTATIVE FROM MCGLADREY REVIEW THE RETURNS TOGETHER. THE BOARD OF TRUSTEES ARE ADVISED OF THE REVIEW BY THE BUDGET AND AUDIT SUBCOMMITTEE THAT THE RETURNS ARE AVAILABLE FOR FURTHER REVIEW BY ANY BOARD MEMBER AND THAT THE RETURNS WILL BE FILED BY THE DUE DATES. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE REQUIRES ALL TRUSTEES, OFFICERS OR KEY EMPLOYEES AND SUBSTANTIAL CONTRIBUTORS TO ANNUALLY COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE CONCERNING TRANSACTIONS WITH COE COLLEGE. THE CONTROLLER FOR THE COLLEGE RECEIVES COMPLETED QUESTIONNAIRES AND REVIEWS AND SUBMITS COMMENTS AND FINDINGS TO THE PRESIDENT OF THE COLLEGE AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BOARD THEN REVIEWS AND INFORMS THE FULL BOARD OF ANY ISSUES OR ACTIONS REQUIRED INCLUDING MONITORING WITH AN OVERSIGHT COMMITTEE IF NECESSARY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE PRESIDENT, SENIOR OFFICERS AND KEY EMPLOYEES IS REVIEWED BY A BOARD OF TRUSTEES AD HOC COMMITTEE. THE COMMITTEE CONSIDERS EACH EMPLOYEE ON THEIR MERITS, LENGTH OF SERVICE AND JOB RESPONSIBILITIES. THE EMPLOYEE'S COMPENSATION IS THEN COMPARED TO SIMILAR POSITIONS AT OTHER COLLEGES USING SURVEYS AND BENCHMARKS FROM THE ACM (ASSOCIATED COLLEGES OF THE MIDWEST) AND IPCUA (IOWA PRIVATE COLLEGES AND UNIVERSITIES ASSOCIATION). THE COMMITTEE THEN REPORTS TO THE BOARD OF TRUSTEES THEIR DUE DILIGENCE THAT WAS PERFORMED AND DOCUMENTS THE REVIEW. THE DOCUMENTATION REGARDING THE COMPENSATION REVIEW IS RETURNED TO THE COLLEGE'S LEGAL COUNSEL FOR SAFEKEEPING. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. THE COLLEGE DOES FILE VARIOUS REQUIRED REPORTS SUCH AS THE A-133 AND AUDITED FINANCIAL STATEMENTS WITH VARIOUS GOVERNMENTAL AGENCIES AND AUTHORITIES WHICH MAY THEN BECOME PUBLIC RECORD. THE IRS FORM 990 FILED BY COE COLLEGE IS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -580,786. ADJUSTMENT FOR FACULTY RETIREMENT PLAN 63,647. CHANGE IN FMV - INTEREST RATE SWAP -600,265. CHANGE IN ANNUITY & LIFE AGREEMENTS -424,722. CHANGE IN ACCOUNTING PRINCIPLE, ARTWORK HELD 3,285,000. TOTAL TO FORM 990, PART XI, LINE 5: 1,742,874. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PAGE 2, PART III | IT IS THE MISSION OF COE COLLEGE TO PROVIDE STUDENTS AN EDUCATION OF SUPERIOR QUALITY THAT AIMS AT PREPARING THEM FOR LIFE FOLLOWING GRADUATION. OUR REASON TO EXIST AS AN INSTITUTION IS TO READY STUDENTS INTELLECTUALLY, PROFESSIONALLY, AND SOCIALLY TO LEAD PRODUCTIVE AND SATISFYING LIVES IN THE GLOBAL SOCIETY OF THE 21ST CENTURY. AS SUCH, OUR SUCCESS AS A COLLEGE IS MEASURED ACCORDING TO THE SUCCESS OF OUR GRADUATES. WE BELIEVE THAT A LIBERAL ARTS EDUCATION IS THE BEST PREPARATION FOR LIFE. WE BELIEVE THAT SUCH AN EDUCATION ALLOWS STUDENTS TO DISCOVER WHAT THEIR REAL TALENTS AND INTERESTS ARE, AND THAT IT DEVELOPS IN THEM THE SKILLS, ABILITIES, AND HABITS OF MIND THAT WILL MAKE POSSIBLE A SUCCESSFUL CAREER IN ANY FIELD OF ENDEAVOR, INCLUDING ONES THAT DO NOT YET EXIST. INDEED, WE BELIEVE THAT WHAT DEFINES A LIBERAL ARTS EDUCATION IS ITS FOCUS ON CULTIVATING IN STUDENTS CERTAIN FUNDAMENTAL ABILITIES: THE ABILITY TO THINK LOGICALLY AND ANALYTICALLY; THE ABILITY TO COMMUNICATE CLEARLY, BOTH IN WRITING AND SPEAKING; THE ABILITY TO USE EFFECTIVELY COMPUTER TECHNOLOGY; THE ABILITY TO WORK PRODUCTIVELY AS A MEMBER OF A GROUP SEEKING TO ACHIEVE A COMMON OBJECTIVE; THE ABILITY TO MAKE INFORMED JUDGMENTS, WHETHER IN THE REALM OF ETHICAL BEHAVIOR OF IN THAT OF AESTHETIC APPRECIATION; THE ABILITY TO FOSTER AND SUSTAIN AN ATTITUDE OF INTELLECTUAL CURIOSITY AND CREATIVITY; AND THE ABILITY TO RECOGNIZE AND HONOR TRUE EXCELLENCE WHEN FOUND IN ANY FORM OR CONTEXT. FURTHERMORE,WE BELIEVE THAT IT IS IMPORTANT FOR A LIBERAL ARTS EDUCATION TO CULTIVATE IN STUDENTS A DESIRE TO UNDERSTAND, A CAPACITY FOR TOLERANCE, AND AN ABILITY TO APPRECIATE THE ETHNIC AND CULTURAL DIVERSITY THAT MAKE UP HUMAN KIND. IT IS THE MISSION OF THE COLLEGE TO DEVELOP IN STUDENTS THESE ABILITIES AND ATTITUDES, AND IN SO DOING TO PROVIDE THEM AN EDUCATION THAT DIRECTS THEM TOWARD A MEANINGFUL AND SUCCESSFUL LIFE. COE'S ACADEMIC PROGRAM REFLECTS A COMMITMENT TO DEVELOPING THESE ABILITIES BY ITS INSISTENCE THAT STUDENTS ACQUIRE CERTAIN EDUCATIONAL EXPERIENCES. WE REQUIRE THAT STUDENTS COMPLETE BOTH OUR GENERAL EDUCATION REQUIREMENTS, WHICH ENSURE BREADTH OF LEARNING, AND OUR REQUIREMENTS FOR A MAJOR; WHICH GUARANTEE DEPTH OF KNOWLEDGE IN A PARTICULAR FIELD. IN ADDITION, AS PART OF EACH STUDENT'S EDUCATION, A SERIES OF INTENSIVE WRITING EXPERIENCES, SPREAD ACROSS THE FOUR YEARS OF STUDY, IS REQUIRED. BEYOND THESE REQUIREMENTS, STUDENTS ARE ENCOURAGED TO BEGIN PLANNING FOR THEIR LIVES AFTER COLLEGE EARLY ON IN THEIR UNDERGRADUATE CAREERS, AND, THROUGH CAREFUL ADVISING, THEY ARE GIVEN GUIDANCE AND DIRECTION IN THIS ENDEAVOR. INDEED, THE DEFINING FEATURE OF A COE EDUCATION IS THE REQUIREMENT THAT EVERY STUDENT PLAN AND PARTICIPATE IN ONE OF THE FOLLOWING: A SIGNIFICANT EXPERIENTIAL PROJECT, SUCH AS AN INTERNSHIP; A MAJOR SCHOLARLY UNDERTAKING; OR STUDY ABROAD. THESE EXPERIENCES WILL OFTEN, THOUGH NOT INVARIABLY, OCCUR DURING THE JUNIOR YEAR. THE HALLMARK OF A COE EDUCATION IS OUR ATTENTION TO EACH STUDENT AS AN INDIVIDUAL. IT IS ALSO IMPORTANT THAT THE COLLEGE ENVIRONMENT AT COE REFLECTS OUR COMMITMENT TO A DIVERSE STUDENT BODY AND OVERALL COLLEGE COMMUNITY. WE BELIEVE THAT THROUGH LISTENING CAREFULLY TO EACH STUDENT AS HIS OR HER INTERESTS AND UNIQUE TALENTS ARE FORMED, AND THROUGH TAILORING AN ACADEMIC PROGRAM TO SUIT EACH STUDENT'S FUTURE, WE HELP THAT STUDENT DEVELOP ABILITIES THAT PROVIDE THE BEST PREPARATION FOR LIFE. | ORGANIZATION'S MISSION |
| FORM 990, PAGE 1, PART 1, LINE 5 AND PAGE 5, PART V, LINE 2A | THE 1,462 IS THE NUMBER OF W-2 REPORTED. THIS REPRESENTS 953 STUDENTS ON WORK STUDY FINANCIAL AID PROGRAM AND 509 EMPLOYEES OF COE COLLEGE. | NUMBER OF EMPLOYEES |
| SCHEDULE L, PART II | COE COLLEGE'S ENDOWMENT INVESTED $750,000 IN A LOAN TO FARRELL-ROEH PROPERTIES, LLP OWNED 50% BY EACH OF JOHN STROHM AND MARY PAT LINK (WIFE) WHICH IS SECURED BY 99% INTEREST IN FRP IN FR BRUNSWICK, LLC WHICH OWNS A GROCERY-ANCHORED SHOPPING CENTER IN BRUNSWICK, GEORGIA. LOAN BEARS INTEREST AT 8% PER ANNUM (9.5% IF HELD TO MATURITY). THE NOTE IS A DEMAND NOTE WITH MATURITY DATE DEFINED BY CERTAIN EVENTS. | LOANS TO AND/OR FROM INTERESTED PERSONS |
| FORM 990, PART VII, | FRANCIS MARY MISKIMEN COMPENSATION LISTED IS FOR POSITION AS EMPLOYEE OF COE COLLEGE NOT FOR POSITION AS ASSISTANT SECRETARY OF BOARD. SHE IS A 40 HOUR PER WEEK EMPLOYEE OF THE COLLEGE. | SALARY EXPLANATION |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|---|
| K RAYMOND CLARK CHARITABLE TRUST | |||||||||||
| 1220 FIRST AVE NE | CEDAR RAPIDS | IA | 52402 | 396787527 | SUPPORTING TRUST | IA | 501(C)(3) | 11A | COE COLLEGE | 1 | |
| K RAYMOND CLARK ATHLETIC FACILTIES TRUST | |||||||||||
| 1220 FIRST AVE NE | CEDAR RAPIDS | IA | 52402 | 396787027 | SUPPORTING TRUST | IA | 501(C)(3) | 11A | COE COLLEGE | 1 | |
| K RAYMOND CLARK ALUMNI CENTER TRUST | |||||||||||
| 1220 FIRST AVE NE | CEDAR RAPIDS | IA | 52402 | 396787028 | SUPPORTING TRUST | IA | 501(C)(3) | 11A | COE COLLEGE | 1 | |
| K RAYMOND CLARK RACQUET CENTER TRUST | |||||||||||
| 1220 FIRST AVE NE | CEDAR RAPIDS | IA | 52402 | 396787026 | SUPPORTING TRUST | IA | 501(C)(3) | 11A | COE COLLEGE | 1 | |
| MCELROY - COE LOAN FUND | |||||||||||
| 1220 FIRST AVE NE | CEDAR RAPIDS | IA | 52402 | 421256056 | SUPPORTING ORGANIZATION | IA | 501(C)(3) | 11A | 1 | N/A | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| K RAYMOND CLARK ALUMNI CENTER TRUST | ||
| C | 12696 | ACTUAL |
| K RAYMOND CLARK ALUMNI CENTER TRUST | ||
| P | 58540 | ACTUAL |
| K RAYMOND CLARK ATHLETIC FACILITIES | ||
| C | 162632 | ACTUAL |
| K RAYMOND CLARK RACQUET CENTER TRUST | ||
| C | 102503 | ACTUAL |
| K RAYMOND CLARK RACQUET CENTER TRUST | ||
| P | 253014 | ACTUAL |
| MCELROY - COE LOAN FUND | ||
| R | 438801 | ACTUAL |