BUENA VISTA UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BUENA VISTA UNIVERSITY (EIN 42-0680404)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-15
- IRS object ID
- 201123199349307052
- Schema version
- 2010v3.4
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T14:11:10-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 THIRD AVENUE SE SUITE 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 | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680404 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUENA VISTA UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BUEN | NameControl |
| Phone | 7127492044 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST FOURTH STREET | AddressLine1 |
| City | STORM LAKE | City |
| State | IA | State |
| ZIP Code | 505881798 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIZABETH MERTEN | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 7127492044 | Phone |
| Date Signed | 2011-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| Phone | 3192985333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ELIZABETH MERTEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST 4TH STREET | AddressLine1 |
| City | STORM LAKE | City |
| State | IA | State |
| ZIP Code | 50588 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 117225009 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BVU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1891 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | BUENA VISTA UNIVERSITY'S MISSION IS THAT WE DEVELOP STUDENTS FOR LIFE LONG SUCCESS THROUGH INNOVATIVE AND IMAGINATIVE ACADEMIC AND PROFESSIONAL PREPARATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1858 | TotalNbrEmployees |
| Total Nbr Volunteers | 250 | TotalNbrVolunteers |
| Total Gross UBI | 59956 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -177778 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3281383 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4058442 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 46150039 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49254753 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3860363 | InvestmentIncomePriorYear |
| Investment Income Current Year | 9464762 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -58124 | OtherRevenuePriorYear |
| Other Revenue Current Year | 59956 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 53233661 | TotalRevenuePriorYear |
| Total Revenue Current Year | 62837913 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11616131 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12574822 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24156175 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26444893 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1203809 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17690864 | OtherExpensePriorYear |
| Other Expenses Current Year | 18567156 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 53463170 | TotalExpensesPriorYear |
| Total Expenses Current Year | 57586871 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -229509 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5251042 | RevenuesLessExpensesCY |
| Total Assets BOY | 163442229 | TotalAssetsBOY |
| Total Assets EOY | 203795996 | TotalAssetsEOY |
| Total Liabilities BOY | 30244281 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 47371126 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 133197948 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 156424870 | NetAssetsOrFundBalancesEOY |
| Mission Description | WE DEVELOP STUDENTS FOR LIFE LONG SUCCESS THROUGH INNOVATIVE AND IMAGINATIVE ACADEMIC AND PROFESSIONAL PREPARATION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 34613698 | Expense |
| Grants | 12574822 | Grants |
| Revenue | 41886131 | Revenue |
| Description | INSTRUCTION OF APPROXIMATELY 2,525 STUDENTS, INCLUDING ACADEMIC SUPPORT, OPERATING LIBRARY AND TECHNOLOGY CENTER. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7795511 | Expense |
| Revenue | 1246309 | Revenue |
| Description | STUDENT SERVICES, ADMISSIONS, REGISTRARS, ATHLETICS, CAREER PLANNING AND PLACEMENT, STUDENT HEALTH AND OTHER SERVICES FOR APPROXIMATELY 825 CAMPUS LIVING STUDENTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7026287 | Expense |
| Revenue | 6078047 | Revenue |
| Description | AUXILIARY ENTERPRISES, DORMITORIES, DINING HALL, FORUM AND CONFERENCE CENTER FOR APPROXIMATELY 825 CAMPUS LIVING STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 49435496 | 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 | 0 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 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 | 1 | 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 | 161 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1858 | 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 | 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 | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | 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 |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUZETTE RADKE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7127492044 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST 4TH STREET | AddressLine1 |
| City | STORM LAKE | City |
| State | IA | State |
| ZIP Code | 505881798 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 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 |
|---|---|---|---|---|---|---|---|
| FREDERICK V MOORE | |||||||
| PRESIDENT | 40.00 | X | X | 206412 | 0 | 52755 | |
| EDWARD BOCK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EDWARD BODAKEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARC BRINKMEYER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TIMOTHY BROWN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOUGLAS CLAUSEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT L CRAMER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BECKI DRAHOTA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DORIS FRITCHER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES S HAAHR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LAURA HORN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KENNETH B KAPLAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NORMAN NIELSEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CORDELL PETERSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BERNIE SAGGAU | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DENNIS E YOUNG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| QUENTIN WITTROCK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN ASCHENBRENNER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TIMOTHY PIERCE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN RUSSELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WENDY WAUGAMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARICA NANCE | |||||||
| VICE-PRESIDENT | 40.00 | X | 116592 | 0 | 14013 | ||
| KENNETH CONVERSE | |||||||
| VICE-PRESIDENT | 40.00 | X | 129184 | 0 | 26841 | ||
| DAVID EVANS | |||||||
| VICE-PRESIDENT | 40.00 | X | 117337 | 0 | 30797 | ||
| KEITH BETTS | |||||||
| VICE-PRESIDENT | 40.00 | X | 120449 | 0 | 23812 | ||
| ELIZABETH MERTEN | |||||||
| VICE-PRESIDENT | 40.00 | X | 126770 | 0 | 27792 | ||
| STANTON ULLERICH | |||||||
| DEAN SCHOOL BUSINESS | 40.00 | 108747 | 0 | 21948 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 925491 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 197958 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | 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 |
|---|---|---|---|---|---|
| KPMG LLP | |||||
| PO BOX 120001 | DALLAS | TX | 753120970 | PROFESSIONAL SERVICES | 431452 |
| EDUCATIONAL MARKETING GROUP | |||||
| 18690 E PLAZA DR STE 101 | PARKER | CO | 80134 | MARKETING | 236269 |
| CRANE METAMARKETING LTD | |||||
| 831 CHRISTOPHER ROBIN RD | ALPHARETTA | GA | 30005 | MARKETING | 218124 |
| MACK HANSEN GADD ARMSTRONG & BROWN | |||||
| 316 E 6TH | STORM LAKE | IA | 50588 | LEGAL | 150327 |
| BWBR ARCHITECTS | |||||
| 380 ST PETER ST STE 600 | ST PAUL | MN | 551021996 | ARCHITECT | 139822 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 4058442 | AllOtherContributions |
| Noncash Contributions | 1432545 | NoncashContributions |
| Total Contributions | 4058442 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | 41886131 | 41886131 | |
| SALES AND SERVICE AUXI | 611710 | 6078047 | 6078047 | |
| SALES AND SERVICE EDUC | 611710 | 1234461 | 1190195 | $44,266 |
| PARKING, COLLECTION OF | 611710 | 56114 | 56114 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49254753 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2145315 | TotalRevenueColumn |
| Exclusion | $2,145,315 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 61679313 | Securities |
| Other | 27230 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 54374946 | Securities |
| Other | 12150 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7304367 | Securities |
| Other | 15080 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7319447 | TotalRevenueColumn |
| Exclusion | $7,319,447 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| CONFERENCE CENTER | 721000 | 286454 | 286454 |
| FITNESS CENTER | 713940 | 5699 | 5699 |
| TACK ADVERTISING | 511120 | 5089 | 5089 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -237286 | TotalRevenueColumn |
| Unrelated Business Revenue | -237286 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 59956 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62837913 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49210487 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 59956 | UnrelatedBusinessRevenue |
| Exclusion | $9,509,028 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12574822 | Total |
| Program Services | 12574822 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1056012 | Total |
| Program Services | 476241 | ProgramServices |
| Management And General | 421006 | ManagementAndGeneral |
| Fundraising | 158765 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19064517 | Total |
| Program Services | 15004604 | ProgramServices |
| Management And General | 3584050 | ManagementAndGeneral |
| Fundraising | 475863 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1438396 | Total |
| Program Services | 1011236 | ProgramServices |
| Management And General | 384259 | ManagementAndGeneral |
| Fundraising | 42901 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3251140 | Total |
| Program Services | 2296943 | ProgramServices |
| Management And General | 861065 | ManagementAndGeneral |
| Fundraising | 93132 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1634828 | Total |
| Program Services | 1149333 | ProgramServices |
| Management And General | 436735 | ManagementAndGeneral |
| Fundraising | 48760 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220649 | Total |
| Program Services | 92761 | ProgramServices |
| Management And General | 127888 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64845 | Total |
| Management And General | 64845 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1932290 | Total |
| Program Services | 1030760 | ProgramServices |
| Management And General | 772518 | ManagementAndGeneral |
| Fundraising | 129012 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316133 | Total |
| Program Services | 48166 | ProgramServices |
| Management And General | 209886 | ManagementAndGeneral |
| Fundraising | 58081 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2016547 | Total |
| Program Services | 1386834 | ProgramServices |
| Management And General | 525155 | ManagementAndGeneral |
| Fundraising | 104558 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 388323 | Total |
| Program Services | 382191 | ProgramServices |
| Management And General | 6132 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1543909 | Total |
| Program Services | 1318535 | ProgramServices |
| Management And General | 225374 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1151469 | Total |
| Program Services | 634706 | ProgramServices |
| Management And General | 477629 | ManagementAndGeneral |
| Fundraising | 39134 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617 | Total |
| Program Services | 617 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81069 | Total |
| Program Services | 81069 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3755940 | Total |
| Program Services | 3548506 | ProgramServices |
| Management And General | 189534 | ManagementAndGeneral |
| Fundraising | 17900 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84527 | Total |
| Program Services | 84527 | ProgramServices |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| FOOD SERVICE & ALLOWANC | 2441423 | 2441423 |
| SITE LOCATIONS | 1403675 | 1403675 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3165740 | Total |
| Program Services | 4468547 | ProgramServices |
| Management And General | -1338510 | ManagementAndGeneral |
| Fundraising | 35703 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57586871 | Total |
| Program Services | 49435496 | ProgramServices |
| Management And General | 6947566 | ManagementAndGeneral |
| Fundraising | 1203809 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3732179 | BOY |
| EOY | 3145229 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1101870 | BOY |
| EOY | 2844771 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1369988 | BOY |
| EOY | 1258787 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272395 | BOY |
| EOY | 495790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 132027606 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 77602861 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53307355 | BOY |
| EOY | 54424745 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91517997 | BOY |
| EOY | 110977360 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7370321 | BOY |
| EOY | 11648014 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3392684 | BOY |
| EOY | 3357725 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1377440 | BOY |
| EOY | 15643575 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163442229 | BOY |
| EOY | 203795996 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3149410 | BOY |
| EOY | 4313654 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2651300 | BOY |
| EOY | 2660822 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2698977 | BOY |
| EOY | 3441485 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16830000 | BOY |
| EOY | 31965827 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25281 | BOY |
| EOY | 2440 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4889313 | BOY |
| EOY | 4986898 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30244281 | BOY |
| EOY | 47371126 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75130333 | BOY |
| EOY | 82188087 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31916640 | BOY |
| EOY | 45945181 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26150975 | BOY |
| EOY | 28291602 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133197948 | BOY |
| EOY | 156424870 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163442229 | BOY |
| EOY | 203795996 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5251042 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 17975880 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 83614628 | BeginningOfYearBalance |
| Contributions | 1917883 | Contributions |
| Investment Earnings Or Losses | 26576967 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -766331 | GrantsOrScholarships |
| Other Expenditures | -4268217 | OtherExpenditures |
| Administrative Expenses | -394102 | AdministrativeExpenses |
| End Of Year Balance | 106680828 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 75196617 | BeginningOfYearBalance |
| Contributions | 1951418 | Contributions |
| Investment Earnings Or Losses | 12219063 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1081113 | GrantsOrScholarships |
| Other Expenditures | -4036876 | OtherExpenditures |
| Administrative Expenses | -634481 | AdministrativeExpenses |
| End Of Year Balance | 83614628 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 114729654 | BeginningOfYearBalance |
| Contributions | 582554 | Contributions |
| Investment Earnings Or Losses | -31951206 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1194310 | GrantsOrScholarships |
| Other Expenditures | -6625667 | OtherExpenditures |
| Administrative Expenses | -344408 | AdministrativeExpenses |
| End Of Year Balance | 75196617 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.32000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.68000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3152982 | InvestmentCostOrOtherBasis |
| Book Value | 3152982 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 88830354 | InvestmentCostOrOtherBasis |
| Depreciation | 44377365 | Depreciation |
| Book Value | 44452989 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 35876438 | InvestmentCostOrOtherBasis |
| Depreciation | 30895457 | Depreciation |
| Book Value | 4980981 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4167832 | InvestmentCostOrOtherBasis |
| Depreciation | 2330039 | Depreciation |
| Book Value | 1837793 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 54424745 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| REAL ESTATE INVESTMENTS | 11256413 | F |
| CASH SURRENDER VALUE - LIFE INSURANCE | 236827 | F |
| OTHER | 154774 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 11648014 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TRUSTEED CASH | 15041525 |
| INTEREST | 326521 |
| DEFERRED LOAN COSTS, NET | 275529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 15643575 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SPLIT INTEREST AGREEMENTS | Description |
| Amount | $4,986,898 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4986898 | TotalOfAmounts |
| Total Revenue | 62837913 | TotalRevenue |
| Total Expenses | 57586871 | TotalExpenses |
| Excess Or Deficit For Year | 5251042 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 17729754 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 8840 | DonatedServicesAndFacilities |
| Other | $237,286 | OtherAmount |
| Total Adjustments | 17975880 | TotalAdjustments |
| Excess Or Deficit Per FS | 23226922 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 68238971 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17729754 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 8840 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 17738594 | RevenueNotRptdF990 |
| Revenue Subtotal | 50500377 | RevenueSubtotal |
| Other Revenues Not Included | 12337536 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12337536 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 62837913 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 45012049 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 45012049 | ExpensesSubtotal |
| Other Expenses Not Included | 12574822 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12574822 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 57586871 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE IRS STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO UNIVERSITIES INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. UPON THE ADOPTION OF FIN 48 AS OF JUNE 30, 2011 AND 2010, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | TAX LOSS ON PARTNERSHIP INTEREST 237,286. | |
| PART V Q4: ENDOWMENT FUNDS ARE USED FOR BUILDINGS, SCHOLARSHIPS, PROGRAMS AND THE OPERATING BUDGET. PART XII Q4B: RECLASSIFY SCHOLARSHIPS AND FELLOWSHIP $12,574,822 TAX LOSS ON PARTNERSHIP INTERESTS $ (237,286) PART XIII Q4B: RECLASSIFY SCHOLARSHIPS AND FELLOWSHIP $12,574,822 |
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 | PUBLICIZED RACIALLY NON DISCRIMINATORY POLICY THROUGH VARIOUS COMMUNICATIONS. ALL MATERIALS PUBLISHED THROUGH THE NEWSPAPER OR BROADCAST MEDIA FOR THE PURPOSE OF RECRUITING STUDENTS CONTAINS INFORMATION ON THE NON-DISCRIMINATORY POLICY. IN ADDITION, THIS MATERIAL IS INCLUDED IN ALL RECRUITMENT LITERATURE, INCLUDING THE CATALOG AND STUDENT HANDBOOK. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | BUENA VISTA UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM A GOVERNMENT AGENCY. BUENA VISTA UNIVERSITY RECEIVES FINACIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (13 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SEOG CONTRIBUTION | 47 | 95116 |
| TUITION REMISSION | 6 | 79436 |
| CENTER GRANTS | 16 | 18832 |
| ENDOWED/RESTRICTED GIFTS | 180 | 539097 |
| FALL SCHOLARSHIPS | 975 | 6734195 |
| SPRING SCHOLARSHIPS | 909 | 4581191 |
| ACADEMIC ASSISTANTSHIPS | 115 | 83735 |
| DOLLARS FOR SCHOLARS | 22 | 2150 |
| WORKSTUDY | 457 | 278083 |
| WORKSTUDY MAY-JUNE | 100 | 33950 |
| WORKSTUDY JULY-AUG | 103 | 65482 |
| ROTC | 8 | 49394 |
| YELLOW RIBBON | 2 | 14161 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER INFORMATION: | Identifier |
| Return Reference | PART IV: | ReturnReference |
| Explanation | PART III - WORKSTUDY AND SEOG CONTRIBUTION NUMBER OF RECIPIENTS IS BASED ON AN ESTIMATE SINCE BOTH FIGURES ARE CALCULATED ON THE INSTITUTIONAL SHARE BASED ON TOTAL AMOUNT OF FUNDS AWARDED. FOR EXAMPLE, THE AVERAGE AMOUNT OF SEOG GIVEN TO STUDENTS IS $2,000 PER YEAR AND THE TOTAL INSTITUTIONAL FUNDS GIVEN IS $95,116. DIVIDING $95,116 BY $2,000 YIELDS APPROXIMATELY 47 STUDENTS. PART I, Q2: OUR FINANCIAL AID OFFICE MONITORS THE USE OF GRANT FUNDS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES. THEY REVIEW EACH STUDENT TO VERIFY THEIR ELIGIBILITY REQUIREMENTS FOR THE SPECIFIC GRANTS AND OTHER ASSISTANCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| 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 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FREDERICK V MOORE | |||||||||||||
| 183799 | 0 | 0 | 0 | 22613 | 0 | 16143 | 0 | 36612 | 0 | 259167 | 0 | 0 | 0 |
| KENNETH CONVERSE | |||||||||||||
| 127236 | 0 | 0 | 0 | 1948 | 0 | 11265 | 0 | 15576 | 0 | 156025 | 0 | 0 | 0 |
| ELIZABETH MERTEN | |||||||||||||
| 123315 | 0 | 0 | 0 | 3455 | 0 | 11068 | 0 | 16724 | 0 | 154562 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | PART I 1A: FREDERICK MOORE, PRESIDENT OF BUENA VISTA UNIVERSITY, IS GIVEN AN ANNUAL DISCRETIONARY SPENDING ACCOUNT TO BE USED FOR VARIOUS EXPENDITURES RELATED TO UNIVERSITY PROGRAMS, PROJECTS, ETC. HE IS ALSO PROVIDED A RESIDENCE FOR PERSONAL USE THAT IS ALSO USED FOR BUSINESS PURPOSES. IN ADDITION, THE UNIVERSITY HIRES AN ACCOUNTANT TO PREPARE MOORE'S INCOME TAX RETURNS. THE COST OF THE TAX PREPARATION IS ADDED TO HIS W-2 AS TAXABLE INCOME. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460C46 | 2007-05-01 | 7870000 | VARIOUS CAPITAL PROJECTS | 0 | 0 | 0 |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460M86 | 2011-05-19 | 1893506 | VARIOUS CAPITAL PROJECTS | 0 | 0 | 0 |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460Q74 | 2011-05-25 | 15777321 | VARIOUS CAPITAL PROJECTS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|
| 600000 | 8128590 | 85903 | 8155 | 8034532 | 2008 | 0 | 0 | 1 | 1 | |
| 1893513 | 19951 | 1191269 | 0 | 0 | 0 | 1 | 682293 | |||
| 15777863 | 155095 | 1255635 | 0 | 0 | 0 | 1 | 14367132 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 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 |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied |
|---|---|---|---|---|---|---|---|
| (no name) | |||||||
| 0 | 1 | 0 | 0 | 0 | 1 | ||
| (no name) | |||||||
| 0 | 0 | 0 | 0 | 0 | 0 | ||
| NATIXIS FUND CORP | |||||||
| 0 | 0 | 0 | 1 | 0 | 0 | 1.400000000000 | 1 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 175000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 100 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 2050 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1028968 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK EXCHANGE | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 198135 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Historical Artifacts HistoricalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10832 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | CAR LEASE | 2 | 15000 | COST |
| X | GIFT CARDS | 3 | 460 | COST |
| X | HOTEL ACCOMODATIONS | 2 | 2000 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | IN COLUMN(B), BUENA VISTA UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED FOR THE PROPERTY LISTED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | BUENA VISTA UNIVERSITY'S AUDIT COMMITTEE REVIEWS THE 990 BEFORE IT IS FILED. THE FINAL DRAFT IS GIVEN TO ALL OF THE BOARD OF TRUSTEES BEFORE IT IS FILED. | |
| EACH YEAR BUENA VISTA UNIVERSITY PROVIDES THEIR BOARD OF TRUSTEES A CONFLICT OF INTEREST SHEET THAT DISCLOSES ALL THE CONFLICTS OF INTEREST. ALL TRUSTEES ARE REQUIRED TO MAKE ANY CHANGES AND SIGN THEIR NAME. | FORM 990, PART VI, SECTION B, LINE 12C | |
| QUESTION 15A - PROCESS FOR DETERMINING COMPENSATION OF ORGANIZATION'S PRESIDENT THE PRESIDENT OF BUENA VISTA UNIVERSITY'S SALARY IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EACH YEAR. ANY TRUSTEE WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE, IS NOT INVOLVED. THE COMPENSATION COMMITTEE ALSO REVIEWS THE SALARIES OF OTHER PRESIDENTS AT IOWA COLLEGES AND UNIVERSITIES EACH YEAR AND COMPARES THE COMPENSATION BEING RECEIVED BY BUENA VISTA UNIVERSITY'S PRESIDENT. THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS AND RECORDS ALL DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. BUENA VISTA UNIVERSITY ALSO HIRES AN OUTSIDE CONSULTANT EVERY THREE YEARS TO REVIEW ALL SALARIES GIVEN BY THE UNIVERSITY. THIS WAS LAST DONE IN 2008. QUESTION 15B - PROCESS FOR DETERMINING COMPENSATION OF ORGANIZATION'S OTHER OFFICERS OR KEY EMPLOYEES THE SALARIES OF OFFICERS OF BUENA VISTA UNIVERSITY ARE REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EACH YEAR AND FINAL APPROVAL IS GIVEN BY THE PRESIDENT. ANY TRUSTEE WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE, IS NOT INVOLVED. THE COMPENSATION COMMITTEE AND PRESIDENT ALSO REVIEW THE SALARIES OF OTHER OFFICERS AT IOWA COLLEGES AND UNIVERSITIES EACH YEAR AND COMPARES THE COMPENSATION TO THE COMPENSATION RECEIVED BY BUENA VISTA UNIVERSITY'S OFFICERS. THE COMPENSATION COMMITTEE AND THE PRESIDENT CONTEMPORANEOUSLY DOCUMENT AND RECORD ALL DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. BUENA VISTA UNIVERSITY ALSO HIRES AN OUTSIDE CONSULTANT EVERY THREE YEARS TO REVIEW ALL SALARIES GIVEN BY THE UNIVERSITY. THIS WAS LAST DONE IN 2008. | FORM 990, PART VI, SECTION B, LINE 15 | |
| BUENA VISTA UNIVERSITY PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 17,729,754. DONATED SERVICES AND USE OF FACILITIES: 8,840. TAX LOSS ON PARTNERSHIP INTEREST 237,286. TOTAL TO FORM 990, PART XI, LINE 5: 17,975,880. | FORM 990, PART XI, LINE 5: |
| AUDIT COMMITTEE RESPONSIBILITIES | THE BOARD OF TRUSTEES FOR BUENA VISTA UNIVERSITY HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE UNIVERSITY'S ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR CHOOSING THE INDEPENDENT AUDITOR EACH YEAR. | FORM 990, PART XII, 2C |
| AUDIT REQUIREMENTS | BUENA VISTA UNIVERSITY IS REQUIRED TO UNDERGO AN AUDIT AS SET FORTH IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133. BUENA VISTA UNIVERSITY UNDERWENT THIS AUDIT BY MCGLADREY & PULLEN, LLC FOR 6-30-2011. | FORM 990, PART XII, 3B |
| VOLUNTEERS | THE NUMBER OF VOLUNTEERS WAS DETERMINED BY THE INSTITUTIONAL ADVANCEMENT OFFICE. DUTIES FOR VOLUNTEERS INCLUDED: ALUMNI CALLING PROSPECTIVE STUDENTS AND ALUMNI HELPING WITH EVENTS ON CAMPUS. | FORM 990, PART I, 6 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| BUENA VISTA UNIVERSITY FOUNDATION | ||||||||||
| 610 WEST 4TH STREET | STORM LAKE | IA | 50588 | 421463509 | SUPPORT | IA | 501(C)(3) | 11D | N/A | 1 |
| MCELROY BUENA VISTA LOAN FUND | ||||||||||
| 610 WEST 4TH STREET | STORM LAKE | IA | 50588 | 421256053 | LOAN FUND | IA | 501(C)(3) | 11A | N/A | 1 |
| 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 | 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 |