DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER (EIN 42-0730347)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-12
- IRS object ID
- 201243179349302594
- 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 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 | 2012-11-12T16:04:33-06:00 | 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 | 400 LOCUST ST STE 640 | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503092354 | 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 | 420730347 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY - OSTEOPATHIC MEDICAL CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DESM | NameControl |
| Phone | 5152711585 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK J PEIFFER | Name |
| Title | CFO | Title |
| Phone | 5152711585 | Phone |
| Date Signed | 2012-11-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| PTIN | P00091057 | PTIN |
| Phone | 5155586600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANGELA L WALKER FRANKLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 86810048 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DMU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | TO IMPROVE LIVES IN OUR GLOBAL COMMUNITY BY EDUCATING DIVERSE GROUPS OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH PROFESSIONALS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1282 | TotalNbrEmployees |
| Total Nbr Volunteers | 1235 | TotalNbrVolunteers |
| Total Gross UBI | 3233 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 2108 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2250271 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1699169 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 51484051 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 53615582 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 42465 | InvestmentIncomePriorYear |
| Investment Income Current Year | 430131 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1591562 | OtherRevenuePriorYear |
| Other Revenue Current Year | 463246 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 55368349 | TotalRevenuePriorYear |
| Total Revenue Current Year | 56208128 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3550759 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3108051 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 32771974 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 33040416 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 946393 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18513595 | OtherExpensePriorYear |
| Other Expenses Current Year | 18991394 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54836328 | TotalExpensesPriorYear |
| Total Expenses Current Year | 55139861 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 532021 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1068267 | RevenuesLessExpensesCY |
| Total Assets BOY | 156475079 | TotalAssetsBOY |
| Total Assets EOY | 156163810 | TotalAssetsEOY |
| Total Liabilities BOY | 48551623 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 49783953 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 107923456 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 106379857 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO IMPROVE LIVES IN OUR GLOBAL COMMUNITY BY EDUCATING DIVERSE GROUPS OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH PROFESSIONALS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 34936877 | Expense |
| Grants | 3108051 | Grants |
| Revenue | 50090418 | Revenue |
| Description | THE UNIVERSITY PROVIDES TO AN ENROLLMENT OF 1,789 STUDENTS THE KNOWLEDGE AND SKILLS NEEDED TO BECOME HEALTH CARE PROFESSIONALS DEDICATED TO MAINTAINING AND RESTORING THE HEALTH OF THEIR PATIENTS. CLASSROOM INSTRUCTION AND CLINICAL TRAINING, WHICH IS ORGANIZED ON A NATIONAL LEVEL AND AT THE UNIVERSITY'S CLINIC, ARE PRESENTED IN AN ATMOSPHERE WHERE HUMANITARIAN CONCERNS, SCHOLARLY ACTIVITY, AND HEALTH CARE DELIVERY SUPPORT THE PRIMARY PURPOSE OF TEACHING AND LEARNING. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5536049 | Expense |
| Revenue | 3959928 | Revenue |
| Description | THE UNIVERSITY HOUSES A MULTI-SPECIALTY MEDICAL CLINIC PROVIDING BOTH CLINICAL TRAINING FOR STUDENTS AND HIGH QUALITY, COST EFFICIENT PATIENT CARE. THE MULTI-SPECIALITY FACULTY GROUP CONSISTING OF 24 PHYSICIANS AND MID-LEVEL PROVIDERS PERFORMED SERVICES FOR MORE THAN 39,000 PATIENT VISITS ACROSS 5 SPECIALTIES. THE UNIVERSITY'S CLINIC PROVIDES FREE OR DISCOUNTED HEALTH CARE TO ELIGIBLE PATIENTS THROUGH ITS FINANCIAL ASSISTANCE POLICY, AND ALSO SERVES MEDICARE AND MEDICAID PATIENTS TO BENEFIT THE COMMUNITY IT SERVES. THE UNIVERSITY ACTS AS A LOCAL, STATE AND NATIONAL SOURCE FOR PRIMARY CARE PHYSICIANS AND ASSOCIATED HEALTH CARE PROVIDERS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 40472926 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 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 | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 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 | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2346 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1282 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 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 | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 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 | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH A BROSNAHAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5152711585 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DALE F ANDRES DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ARTHUR E ANGOVE DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SUSAN L BECK DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BARRY BRAVER DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GILBERT S BUCHOLZ DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JAY CHRISTENSEN MHA | ||||||||
| TRUSTEE, PART-TIME FACULTY | 3.00 | X | 8500 | 0 | 0 | |||
| ERIC T CROWELL MHA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BERNARD M FELDMAN DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CHARLES A FINCH DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JON D GARNAAS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| W STEVENSON GLANTON JD | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| H DEAN HANNAM | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RENEE HARDMAN MBA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BRIAN G HART MBA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| W HAL HATCHETT DPM | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| VICTORIA L HERRING JD | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT M KREAMER DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MARY A RADIA DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ANIL SAHAI DO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JACQUELINE M STOKEN DO | ||||||||
| TRUSTEE | 2.00 | X | 400 | 0 | 0 | |||
| DAVID H VELLINGA MHA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SAMUEL T WALLACE MHA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| PATRICIA YUNGCLAS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JAMES A GREKIN DO | ||||||||
| CHAIRMAN | 2.00 | X | 0 | 0 | 0 | X | ||
| LARRY J BAKER DO | ||||||||
| CHAIR-ELECT | 2.00 | X | 0 | 0 | 0 | X | ||
| C ARTHUR WITTMACK | ||||||||
| VICE-CHAIR | 2.00 | X | 0 | 0 | 0 | X | ||
| STEPHEN M MORAIN JD | ||||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X | ||
| RICHARD M KOTZ DO | ||||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X | ||
| MAX T MCKINNEY DO | ||||||||
| IMMEDIATE PAST-CHAIR | 2.00 | X | 0 | 0 | 0 | X | ||
| ANGELA L WALKER FRANKLIN PHD | ||||||||
| PRESIDENT, CEO | 40.00 | 332812 | 0 | 26302 | X | |||
| KAREN MCLEAN PHD | ||||||||
| PROVOST | 40.00 | 236216 | 0 | 36523 | X | |||
| MARK J PEIFFER | ||||||||
| CFO | 40.00 | 191700 | 0 | 23834 | X | |||
| STEPHEN S DENGLE MBA | ||||||||
| VICE-PRESIDENT | 40.00 | 272246 | 0 | 35743 | X | |||
| SUSAN HUPPERT | ||||||||
| VICE-PRESIDENT | 40.00 | 145782 | 0 | 20807 | X | |||
| MARY ANN ZUG | ||||||||
| VICE-PRESIDENT | 40.00 | 162769 | 0 | 29894 | X | |||
| JEFFREY T GRAY PHD | ||||||||
| VICE-PRESIDENT | 40.00 | 137665 | 0 | 14264 | X | |||
| KENDALL REED DO | ||||||||
| DEAN | 40.00 | 424593 | 0 | 22963 | X | |||
| JODI CAHALAN PHD | ||||||||
| DEAN | 40.00 | 176064 | 0 | 37484 | X | |||
| GEORGE CLAVENNA DO | ||||||||
| FACULTY | 40.00 | 372133 | 0 | 31647 | X | |||
| ROBERTA A WATTLEWORTH DO | ||||||||
| FACULTY | 40.00 | 244018 | 0 | 35001 | X | |||
| VICTOR KAYLARIAN DO | ||||||||
| FACULTY | 40.00 | 242755 | 0 | 26585 | X | |||
| GEORGE B KLOCK DO | ||||||||
| FACULTY | 40.00 | 240915 | 0 | 28525 | X | |||
| YOGESH SHAH MD | ||||||||
| ASSOCIATE DEAN | 40.00 | 235407 | 0 | 17045 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3423975 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 386617 | TotalOtherCompensation |
| Number Individuals GT100 K | 63 | 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 |
|---|---|---|---|---|---|
| ENCORE ONE LLC | |||||
| 1717 UNIVERSITY AVENUE WEST | ST PAUL | MN | 55104 | CLEANING SERVICE | 424026 |
| ARAMARK | |||||
| 825 SW IRVINEDALE DR | ANKENY | IA | 50023 | FOOD SERVICE | 381233 |
| IOWA PHYSICIANS MED FOUNDATION | |||||
| 8101 BIRCHWOOD CT | JOHNSTON | IA | 50131 | BILLING SERV & EDUCATION | 294837 |
| SEI INVESTMENTS | |||||
| ONE FREEDOM VALLEY DRIVE | OAKS | PA | 19456 | INVESTMENT MANAGEMENT | 238442 |
| MERCY CLINICS | |||||
| 1111 6TH AVENUE | DES MOINES | IA | 50314 | EDUCATION | 237575 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 449284 | FundraisingEvents |
| Government Grants | 585629 | GovernmentGrants |
| All Other Contributions | 664256 | AllOtherContributions |
| Noncash Contributions | 27921 | NoncashContributions |
| Total Contributions | 1699169 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 49068742 | 49068742 |
| PATIENT CARE | 621110 | 3959928 | 3959928 |
| SAL SCHOLARSHIP ALLOWA | 611710 | 586912 | 586912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 53615582 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1884795 | TotalRevenueColumn |
| Unrelated Business Revenue | 929 | UnrelatedBusinessRevenue |
| Exclusion | $1,883,866 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 82535 | Real |
| Personal | 2304 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14682 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 67853 | Real |
| Personal | 2304 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 70157 | TotalRevenueColumn |
| Unrelated Business Revenue | 2304 | UnrelatedBusinessRevenue |
| Exclusion | $67,853 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 29045353 | Securities |
| Other | 151 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 30500168 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1454815 | Securities |
| Other | 151 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1454664 | TotalRevenueColumn |
| Exclusion | -$1,454,664 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 45395 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 449284 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 87070 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -41675 | TotalRevenueColumn |
| Exclusion | -$41,675 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| LEASED EMPLOYEES | 541900 | 168110 | 168110 |
| CONFERENCE INCOME | 900099 | 72949 | 72949 |
| REBATE INCOME | 900099 | 46946 | 46946 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 146759 | TotalRevenueColumn |
| Related Or Exempt Function Income | 146759 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 434764 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56208128 | TotalRevenueColumn |
| Related Or Exempt Function Income | 54050346 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 3233 | UnrelatedBusinessRevenue |
| Exclusion | $455,380 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80000 | Total |
| Program Services | 80000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3028051 | Total |
| Program Services | 3028051 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2659972 | Total |
| Program Services | 1066760 | ProgramServices |
| Management And General | 1410844 | ManagementAndGeneral |
| Fundraising | 182368 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23851448 | Total |
| Program Services | 19465793 | ProgramServices |
| Management And General | 3997318 | ManagementAndGeneral |
| Fundraising | 388337 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1654837 | Total |
| Program Services | 1362963 | ProgramServices |
| Management And General | 261504 | ManagementAndGeneral |
| Fundraising | 30370 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3126939 | Total |
| Program Services | 2290322 | ProgramServices |
| Management And General | 785316 | ManagementAndGeneral |
| Fundraising | 51301 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1747220 | Total |
| Program Services | 1318422 | ProgramServices |
| Management And General | 390186 | ManagementAndGeneral |
| Fundraising | 38612 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117766 | Total |
| Management And General | 117766 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81500 | Total |
| Management And General | 81500 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70551 | Total |
| Program Services | 70551 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412107 | Total |
| Management And General | 412107 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1822013 | Total |
| Program Services | 923078 | ProgramServices |
| Management And General | 894372 | ManagementAndGeneral |
| Fundraising | 4563 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 543353 | Total |
| Program Services | 531 | ProgramServices |
| Management And General | 542822 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1532772 | Total |
| Program Services | 1051589 | ProgramServices |
| Management And General | 446468 | ManagementAndGeneral |
| Fundraising | 34715 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2056443 | Total |
| Program Services | 553994 | ProgramServices |
| Management And General | 1502449 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1656220 | Total |
| Program Services | 1348687 | ProgramServices |
| Management And General | 307533 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 601921 | Total |
| Program Services | 389921 | ProgramServices |
| Management And General | 169563 | ManagementAndGeneral |
| Fundraising | 42437 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168309 | Total |
| Program Services | 71418 | ProgramServices |
| Fundraising | 96891 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1090286 | Total |
| Program Services | 845237 | ProgramServices |
| Management And General | 245049 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2831130 | Total |
| Program Services | 1916159 | ProgramServices |
| Management And General | 914971 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492263 | Total |
| Program Services | 167204 | ProgramServices |
| Management And General | 325059 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| AFFIL. CLINICAL PROGRAM | 1941415 | 1941415 | |
| LIBRARY BOOKS & SUBSCRI | 1256010 | 1256010 | |
| PERSONNEL RECRUITING | 387042 | 387042 | |
| STUDENT EVENTS/ACTIVITI | 372237 | 371224 | 1013 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1558056 | Total |
| Program Services | 953597 | ProgramServices |
| Management And General | 527660 | ManagementAndGeneral |
| Fundraising | 76799 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55139861 | Total |
| Program Services | 40472926 | ProgramServices |
| Management And General | 13720542 | ManagementAndGeneral |
| Fundraising | 946393 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1475 | BOY |
| EOY | 1475 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4998287 | BOY |
| EOY | 5645292 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 930406 | BOY |
| EOY | 709949 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 871039 | BOY |
| EOY | 622001 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5369030 | BOY |
| EOY | 5600958 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 620382 | BOY |
| EOY | 774287 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 74260333 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34231379 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41544150 | BOY |
| EOY | 40028954 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77569652 | BOY |
| EOY | 75286403 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19833820 | BOY |
| EOY | 23016452 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4736838 | BOY |
| EOY | 4478039 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156475079 | BOY |
| EOY | 156163810 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3665451 | BOY |
| EOY | 3687970 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5579607 | BOY |
| EOY | 5637077 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3839050 | BOY |
| EOY | 3431372 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31145000 | BOY |
| EOY | 30315000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1288712 | BOY |
| EOY | 1074260 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3033803 | BOY |
| EOY | 5638274 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48551623 | BOY |
| EOY | 49783953 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94724585 | BOY |
| EOY | 93058036 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5485030 | BOY |
| EOY | 5667957 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7713841 | BOY |
| EOY | 7653864 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107923456 | BOY |
| EOY | 106379857 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156475079 | BOY |
| EOY | 156163810 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1068267 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2611866 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $76,864 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 76864 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | THE UNIVERSITY HAS UTILIZED LOBBYISTS FOR ITS WORK WITH THE IOWA GENERAL ASSEMBLY AND STATE GOVERNMENT. SUCH COUNSEL HAS PROVIDED GUIDANCE ON THE STATUS OF APPROPRIATIONS FOR EXISTING STATE OF IOWA LEGISLATION WHICH PROVIDES FINANCIAL SUPPORT TO UNIVERSITY STUDENTS. IN ADDITION, COUNSEL HAS BEEN PROVIDED ON PROPOSED LEGISLATION WHICH WOULD EXPAND SUCH FINANCIAL SUPPORT FOR STUDENTS. LOBBYISTS HAVE ALSO PROVIDED COUNSEL TO THE UNIVERSITY IN ITS WORK WITH CONGRESS AND THE FEDERAL GOVERNMENT, IN WHICH THE UNIVERSITY'S CONTRACT WITH THE FEDERAL LOBBYISTS TERMED DURING OCTOBER 2011. SUCH COUNSEL PROVIDED GUIDANCE ON SOURCES OF POTENTIAL FUNDING FOR RESEARCH, COMMUNITY DEVELOPMENT, AND PUBLIC HEALTH EDUCATION FOR PHYSICIANS, THE UNIVERSITY, AND COMMUNITIES THROUGHOUT THE STATE OF IOWA. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 63995901 | BeginningOfYearBalance |
| Contributions | 1021308 | Contributions |
| Investment Earnings Or Losses | 699486 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1078219 | GrantsOrScholarships |
| Other Expenditures | 4292452 | OtherExpenditures |
| Administrative Expenses | 412107 | AdministrativeExpenses |
| End Of Year Balance | 59933917 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51279039 | BeginningOfYearBalance |
| Contributions | 1057014 | Contributions |
| Investment Earnings Or Losses | 17175936 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1020001 | GrantsOrScholarships |
| Other Expenditures | 4238320 | OtherExpenditures |
| Administrative Expenses | 257767 | AdministrativeExpenses |
| End Of Year Balance | 63995901 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41826731 | BeginningOfYearBalance |
| Contributions | 828875 | Contributions |
| Investment Earnings Or Losses | 12922964 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 681680 | GrantsOrScholarships |
| Other Expenditures | 3395168 | OtherExpenditures |
| Administrative Expenses | 222683 | AdministrativeExpenses |
| End Of Year Balance | 51279039 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 67373883 | BeginningOfYearBalance |
| Contributions | 717863 | Contributions |
| Investment Earnings Or Losses | -21510241 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 603236 | GrantsOrScholarships |
| Other Expenditures | 3945884 | OtherExpenditures |
| Administrative Expenses | 205654 | AdministrativeExpenses |
| End Of Year Balance | 41826731 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.78000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.13000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09000 | 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 | 3421003 | OtherCostOrOtherBasis |
| Book Value | 3421003 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58357955 | OtherCostOrOtherBasis |
| Depreciation | 25610115 | Depreciation |
| Book Value | 32747840 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9834238 | OtherCostOrOtherBasis |
| Depreciation | 6905834 | Depreciation |
| Book Value | 2928404 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2647137 | OtherCostOrOtherBasis |
| Depreciation | 1715430 | Depreciation |
| Book Value | 931707 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 40028954 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 200000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SEI OFFSHORE OPPORTUNITY | 5635278 | F |
| SEI STRUCTURED CREDIT | 4619036 | F |
| SEI GLOBAL PRIVATE EQUITY | 2140426 | F |
| SEI SPECIAL SITUATIONS | 7572254 | F |
| SEI CORE PROPERTY | 2849458 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 23016452 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP LIABILITY | Description |
| Amount | $5,638,274 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5638274 | TotalOfAmounts |
| Total Revenue | 56208128 | TotalRevenue |
| Total Expenses | 55139861 | TotalExpenses |
| Excess Or Deficit For Year | 1068267 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 314351 | NetUnrealizedGLOnInvestments |
| Other | -$2,926,217 | OtherAmount |
| Total Adjustments | -2611866 | TotalAdjustments |
| Excess Or Deficit Per FS | -1543599 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 51003979 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 314351 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 12270 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -5632522 | OtherRevenues |
| Revenue Not Rptd F990 | -5305901 | RevenueNotRptdF990 |
| Revenue Subtotal | 56309880 | RevenueSubtotal |
| Other Revenues Not Included | -101752 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -101752 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 56208128 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 52547578 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 12270 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 101752 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 114022 | ExpensesNotRptdF990 |
| Expenses Subtotal | 52433556 | ExpensesSubtotal |
| Other Expenses Not Included | 2706305 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2706305 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 55139861 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | STUDENTS WHO PREPAY TUITION AT LEAST 12 MONTHS PRIOR TO THE START OF THE ACADEMIC YEAR LOCK IN THE CURRENT TUITION RATE AT THE TIME OF PAYMENT. FUNDS HELD IN ESCROW FOR FUTURE TUITION PAYMENTS TOTAL $568,745. DEPOSITS HELD IN CUSTODY FOR STUDENT ORGANIZATIONS TOTAL $504,515. RENT DEPOSITS HELD IN CUSTODY TOTAL $1,000. | |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS FOR STUDENTS, ESTABLISH RESEARCH FUNDS FOR FACULTY, AND SUPPORT PROGRAMS AND FACILITIES. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS TAXABLE INCOME (UBIT) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBIT. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE UNIVERSITY 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: |
| UNREALIZED LOSS ON BOND INTEREST RATE SWAP -2,604,471. LOSSES ON UNCOLLECTIBLE PLEDGES -321,746. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,926,217. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| UNREALIZED LOSS ON BOND INTEREST RATE SWAP -2,604,471. SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDITED F/S -3,028,051. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -14,682. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -87,070. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED F/S 14,682. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED F/S 87,070. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDITED F/S 3,028,051. LOSSES ON UNCOLLECTIBLE PLEDGES REPORTED AS EXPENSE ON AUDITED F/S -321,746. | 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 | 0 | 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 UNIVERSITY IS NOT REQUIRED TO PUBLICIZE THE RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.03-2(B) OF REV. PROC. 75-50 APPLIES. THE NONDISCRIMINATORY POLICY IS INCLUDED IN ALL PRINTED ADMISSIONS PUBLICATIONS. DATA IS AVAILABLE UPON REQUEST. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | GOVERNMENT ASSISTANCE RECEIVED INCLUDES AMOUNTS FROM THE US DEPARTMENT OF EDUCATION AND THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES. US DEPARTMENT OF EDUCATION PROGRAMS PROVIDING FUNDS INCLUDE THE FEDERAL DIRECT LOAN PROGRAM AND THE FEDERAL PERKINS LOAN PROGRAM. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - | Region |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Total Expenditures | 13207532 | TotalExpenditures |
| 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 | 13207532 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 13207532 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | 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 | SCHOL DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 333502 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 303942 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 29560 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 27887 | FoodAndBeverageEvent1 |
| Name Of Event2 | PRESIDENT INAUG | NameOfEvent2 |
| Gross Receipts Event2 | 90415 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 82715 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 7700 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 46029 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 70762 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 62627 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 8135 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 13154 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 494679 | GrossReceiptsTotal |
| Charitable Contributions Total | 449284 | CharitableContributionsTotal |
| Gross Revenue Total Events | 45395 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 27887 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 59183 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 87070 | DirectExpenseSummaryEvents |
| Net Income Summary | -41675 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 50312 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 272911834 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 80000 | AmountOfCashGrant |
| Purpose Of Grant | GENERAL SUPPORT | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP AND TUITION DISCOUNTS FOR STUDENTS | TypeOfGrant |
| Number Of Recipients | 270 | NumberOfRecipients |
| Amount Of Cash Grant | 3028051 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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: THE UNIVERSITY ATTEMPTS TO MAKE ADEQUATE FINANCIAL ASSISTANCE AVAILABLE TO STUDENTS WITHIN THE LIMITS OF EACH STUDENT BUDGET AND THE AVAILABILITY OF FUNDS. AWARDS ARE BASED ON ACADEMIC ACHIEVEMENT, PROFESSIONAL PROMISE, LEADERSHIP POTENTIAL, FINANCIAL NEED AND/OR SPECIFIC GUIDELINES ESTABLISHED BY DONORS. FINANCIAL NEED IS DETERMINED ON THE BASIS OF INFORMATION PROVIDED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THE UNIVERSITY ALSO ASSISTED BY PROVIDING FUNDS FOR GENERAL OPERATIONAL SUPPORT TO THE HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK, A CHARITABLE ORGANIZATION ESTABLISHED TO PROMOTE AND SUPPORT COLLABORATION OF MEMBER MEDICAL AND EDUCATION INSTITUTIONS IN EDUCATION AND TRAINING FOR MEDICAL STUDENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | 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 (14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANGELA L WALKER FRANKLIN PHD | |||||||||||||
| 325279 | 0 | 60 | 0 | 7473 | 0 | 12375 | 0 | 13927 | 0 | 359114 | 0 | 0 | 0 |
| KAREN MCLEAN PHD | |||||||||||||
| 234705 | 0 | 250 | 0 | 1261 | 0 | 16500 | 0 | 20023 | 0 | 272739 | 0 | 0 | 0 |
| MARK J PEIFFER | |||||||||||||
| 188950 | 0 | 2750 | 0 | 0 | 0 | 16500 | 0 | 7334 | 0 | 215534 | 0 | 0 | 0 |
| STEPHEN S DENGLE MBA | |||||||||||||
| 269769 | 0 | 250 | 0 | 2227 | 0 | 16500 | 0 | 19243 | 0 | 307989 | 0 | 0 | 0 |
| SUSAN HUPPERT | |||||||||||||
| 144953 | 0 | 5 | 0 | 824 | 0 | 14500 | 0 | 6307 | 0 | 166589 | 0 | 0 | 0 |
| MARY ANN ZUG | |||||||||||||
| 159011 | 0 | 10 | 0 | 3748 | 0 | 16249 | 0 | 13645 | 0 | 192663 | 0 | 0 | 0 |
| JEFFREY T GRAY PHD | |||||||||||||
| 137600 | 0 | 65 | 0 | 0 | 0 | 13485 | 0 | 779 | 0 | 151929 | 0 | 0 | 0 |
| KENDALL REED DO | |||||||||||||
| 421856 | 0 | 10 | 0 | 2727 | 0 | 16500 | 0 | 6463 | 0 | 447556 | 0 | 0 | 0 |
| JODI CAHALAN PHD | |||||||||||||
| 175314 | 0 | 250 | 0 | 500 | 0 | 16261 | 0 | 21223 | 0 | 213548 | 0 | 0 | 0 |
| GEORGE CLAVENNA DO | |||||||||||||
| 304386 | 0 | 65520 | 0 | 2227 | 0 | 16500 | 0 | 15147 | 0 | 403780 | 0 | 0 | 0 |
| ROBERTA A WATTLEWORTH DO | |||||||||||||
| 242752 | 0 | 5 | 0 | 1261 | 0 | 16500 | 0 | 18501 | 0 | 279019 | 0 | 0 | 0 |
| VICTOR KAYLARIAN DO | |||||||||||||
| 237961 | 0 | 5 | 0 | 4789 | 0 | 16500 | 0 | 10085 | 0 | 269340 | 0 | 0 | 0 |
| GEORGE B KLOCK DO | |||||||||||||
| 240910 | 0 | 5 | 0 | 0 | 0 | 16500 | 0 | 12025 | 0 | 269440 | 0 | 0 | 0 |
| YOGESH SHAH MD | |||||||||||||
| 230000 | 0 | 70 | 0 | 5337 | 0 | 16500 | 0 | 545 | 0 | 252452 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE ORGANIZATION PAYS DUES TO THE EMBASSY CLUB WHICH PROVIDES ACCESS FOR THE PRESIDENT TO CONDUCT BUSINESS IN A SOCIAL SETTING ON BEHALF OF THE ORGANIZATION WITH PROSPECTS, DONORS, AND OTHER INDIVIDUALS. |
| PART I, LINE 1B | MONTHLY INVOICES ARE REVIEWED BY THE CFO FOR BUSINESS PURPOSES. ANY PERSONAL ITEM IS REQUIRED TO BE PAID TO THE CLUB ON THE DATE OF THE TRANSACTION. |
| PART I, LINE 5 | ADDITIONAL COMPENSATION FOR CLINICAL FACULTY IS CALCULATED USING A PERCENTAGE OF NET CLINICAL REVENUE GENERATED DIRECTLY BY THE FACULTY MEMBER. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460RF5 | 2003-06-25 | 22700000 | CONSTRUCT AND FURNISH EDUCATION CENTER | 0 | 0 | 0 |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460SL1 | 2004-06-02 | 13785000 | REFUNDED PRIOR ISSUE (05/10/95) | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2405000 | 23083276 | 241704 | 83035 | 22058537 | 700000 | 2005 | 0 | 0 | 1 | 1 | |
| 3765000 | 14132740 | 156560 | 24692 | 13726938 | 2004 | 0 | 1 | 1 | 1 | 224550 |
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 (2 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 | 1 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K SUPPLENTAL INFORMATION | Identifier |
| Explanation | PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 27921 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | 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 | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE ORGANIZATION USES A THIRD PARTY BROKER TO SELL CONTRIBUTED PUBLICLY TRADED SECURITIES IMMEDIATELY UPON RECEIPT. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| VOLUNTEERS: | FORM 990, PART I, LINE 6: | VOLUNTEERS ARE MADE UP OF BOARD MEMBERS, GUEST CLASSROOM LECTURERS, PRECEPTORS FOR CLINICAL ROTATION AND STUDENT VOLUNTEERS FOR COMMUNITY SERVICE ACTIVITIES. |
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE FORM 990 IS FILED, AN ELECTRONIC COPY IS MADE AVAILABLE TO ALL BOARD MEMBERS ON THE BOARD OF TRUSTEES' PORTAL. THE FINANCE COMMITTEE VOTES TO APPROVE FILING OF THE 990 PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, ALL PERSONS IN GOVERNANCE AND MANAGEMENT POSITIONS WITH THE UNIVERSITY COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FOR MEMBERS OF THE BOARD, THE CHAIRPERSON OF THE BOARD AND THE PRESIDENT REVIEW THE DISCLOSURE STATEMENTS AND IMPLEMENT THE POLICY. FOR MANAGEMENT PERSONNEL, THE DISCLOSURE STATEMENTS ARE ANNUALLY REVIEWED BY THE PRESIDENT AND CHIEF COMPLIANCE OFFICER. ADDITIONALLY, THE UNIVERSITY'S EXTERNAL AUDIT FIRM REVIEWS THE DISCLOSURE STATEMENTS AS PART OF THEIR ANNUAL AUDIT AND REPORTS FINDINGS TO THE FINANCE COMMITTEE OF THE BOARD. A CONFLICT OF INTEREST EXISTS (1) WHEN AN INDIVIDUAL OBTAINS OR APPEARS TO OBTAIN AN IMPROPER GAIN OR ADVANTAGE AS A RESULT OF HIS/HER ACTIVITIES ON BEHALF OF THE UNIVERSITY, (2) WHEN HIS/HER ACTIVITIES ADVANCE OR APPEAR TO ADVANCE HIS/HER OWN INTERESTS OR THOSE OF ANOTHER RATHER THAN THE INTERESTS OF THE UNIVERSITY, OR (3) WHEN HIS/HER ACTIONS ADVERSELY AFFECT OR APPEAR TO ADVERSELY AFFECT THE BEST INTERESTS OF THE UNIVERSITY. INDIVIDUALS SHALL NOT PARTICIPATE IN DISCUSSIONS, VOTES, OR OTHER REPRESENTATIONS ON PREVIOUSLY DISCLOSED OR NEWLY DEVELOPED CONFLICTS OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION HAS A METHOD AND PROCESS WHICH INCLUDES GATHERING COMPARATIVE DATA FROM EXTERNAL SOURCES FOR RATING POSITIONS AND DETERMINING COMPENSATION. IN INSTANCES WHERE SUFFICIENT COMPARATIVE DATA IS NOT AVAILABLE, THE ORGANIZATION UTILIZES MEMBERSHIP IN AN EMPLOYER'S ASSOCIATION WHICH PROVIDES HUMAN RESOURCES SERVICES IN SEVERAL AREAS INCLUDING HR CONSULTING, COMPENSATION, AND COMPLIANCE. THE EXECUTIVE COMMITTEE REVIEWS SALARIES AND RANGES OF OFFICERS AND KEY EMPLOYEES IN MAY FOR SALARIES EFFECTIVE THE FOLLOWING JULY 1ST. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDIT REPORT IS MADE AVAILABLE ONLINE THROUGH THE MUNICIPAL SECURITIES RULEMAKING BOARD WEBSITE FOR ELECTRONIC MUNICIPAL MARKET ACCESS. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 314,351. UNREALIZED LOSS ON BOND INTEREST RATE SWAP -2,604,471. LOSSES ON UNCOLLECTIBLE PLEDGES -321,746. TOTAL TO FORM 990, PART XI, LINE 5: -2,611,866. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 50312 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272911834 | EIN |
| Primary Activities | EDUCATION AND TRAINING FOR MEDICAL STUDENTS | PrimaryActivities |
| Legal Domicile State | IA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | 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 | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 80000 | AmountInvolved |
| Method Of Amt Determination | GAAP | MethodOfAmtDetermination |