CLARKE UNIVERSITY OF DUBUQUE IOWA: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- CLARKE UNIVERSITY OF DUBUQUE IOWA (EIN 42-0680408)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-01-14
- IRS object ID
- 201140149349300004
- Schema version
- 2009v1.4
- 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 G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-14T08:30:50-06:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | 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 | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680408 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARKE COLLEGE OF DUBUQUE IOWA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CLAR | NameControl |
| Phone | 5635886315 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 CLARKE DRIVE | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEANNA S MCCORMICK | Name |
| Title | TREASURER/VP BUS & FINANCE | Title |
| Phone | 5635886315 | Phone |
| Date Signed | 2011-01-11 | 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 | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOANNE M BURROWS SC PHD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 CLARKE DRIVE | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 29401680 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | WWW.CLARKE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1843 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | POST-SECONDARY AND GRADUATE LEVEL EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 716 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 133624 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -140464 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1766642 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1705536 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 23420702 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 24681138 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -19208 | InvestmentIncomePriorYear |
| Investment Income Current Year | 657897 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 349449 | OtherRevenuePriorYear |
| Other Revenue Current Year | 322146 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 25517585 | TotalRevenuePriorYear |
| Total Revenue Current Year | 27366717 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 7543223 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7996510 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11798201 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12517668 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 165235 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 102180 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1118666 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7416337 | OtherExpensePriorYear |
| Other Expenses Current Year | 7081233 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 26922996 | TotalExpensesPriorYear |
| Total Expenses Current Year | 27697591 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1405411 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -330874 | RevenuesLessExpensesCY |
| Total Assets BOY | 52120191 | TotalAssetsBOY |
| Total Assets EOY | 53986301 | TotalAssetsEOY |
| Total Liabilities BOY | 11130968 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10733217 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 40989223 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 43253084 | NetAssetsOrFundBalancesEOY |
| Mission Description | WE ARE A CATHOLIC, CO-EDUCATIONAL, LIBERAL ARTS COLLEGE FOUNDED IN 1843 BY THE SISTERS OF CHARITY OF THE BLESSED VIRGIN MARY IN DUBUQUE, IOWA. CLARKE EDUCATES STUDENTS AT THE POST-SECONDARY LEVEL IN THE LIBERAL ARTS AND SCIENCES, THE FINE ARTS, SELECTED PROFESSIONAL PROGRAMS, AND GRADUATE PROGRAMS.WE, THE FACULTY, STUDENTS, STAFF AND ADMINISTRATION ARE A CARING, LEARNING COMMUNITY COMMITTED TO EXCELLENCE IN EDUCATION. WE PROVIDE A SUPPORTIVE ENVIRONMENT THAT ENCOURAGES PERSONAL AND INTELLECTUAL GROWTH, PROMOTES GLOBAL AWARENESS AND SOCIAL RESPONSIBILITY, AND DEEPENS SPIRITUAL VALUES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13702748 | Expense |
| Grants | 6838679 | Grants |
| Revenue | 21541866 | Revenue |
| Description | INSTRUCTION: COLLEGE EDUCATION FOR APPROXIMATELY 1,202 STUDENTS. PROGRAMS INCLUDE TRADITIONAL DAYTIME CLASSES, ACCELERATED EVENING CLASSES FOR WORKING ADULTS, AND GRADUATE PROGRAMS. 285 STUDENTS GRADUATED IN THE 2008-2009 ACADEMIC YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5718465 | Expense |
| Grants | 1157831 | Grants |
| Revenue | 2993205 | Revenue |
| Description | AUXILIARY SERVICES: PROGRAMS AVAILABLE TO ALL 1,202 STUDENTS INCLUDING THE RESIDENCE HALLS, BOARD PLANS, ATHLETICS, AND THE BOOKSTORE. RESIDENCE HALL CAPACITY IS 571 WITH OCCUPANCY OF 397, OR 69.5%. IN FALL 2009, ALL 397 STUDENTS ALSO HAD BOARD PLANS WITH FOOD SERVICE AND 18 COMMUTER STUDENTS PURCHASED BOARD PLANS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2602396 | Expense |
| Revenue | 198978 | Revenue |
| Description | STUDENT SERVICES: RESOURCES PROVIDED TO ALL 1,202 STUDENTS BY STUDENT ACTIVITIES, HEALTH SERVICES, COUNSELING CENTER, CAREER CENTER, ADMISSIONS AND FINANCIAL AID. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1156814 | Expense |
| Description | ACADEMIC SUPPORT PROGRAMS | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1156814 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 23180423 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 51 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 716 | 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 | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| 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 |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | DEANNA S MCCORMICK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5635886414 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 CLARKE DRIVE | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 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 |
|---|---|---|---|---|---|---|---|
| JOANNE M BURROWS SC PHD | |||||||
| PRESIDENT, TRUSTEE | 40.00 | X | X | 180073 | 0 | 51233 | |
| THOMAS V LYNCHCLUCHFC | |||||||
| CHAIR/TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| CAROLYN S HAUPERT | |||||||
| VICE CHAIR/TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| MARGARET MARY COSGROVE | |||||||
| SECRETARY/TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| MARY LOU ANGLIN BVM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN BEAVER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUZANNE DIERS BLOUIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TIMOTHY J CONLON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD P FRIEDMANCPCU | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CAROLYN FITZGERALD GANTZ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TERI GOODMANN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DICK GREGORY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY PAT HALEY BVM PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NANCY SWIFT KLAUER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EDWARD J MONAGHAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MIRA MOSLE BVM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN D STAVNES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT F URELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT C WAHLERT III | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT H WAHLERT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RONALD C WILGENBUSCH USN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS P WILLIAMS DDS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| REV THOMAS ZINKULA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY ANN ZOLLMANN BVM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BRENDAN T QUANN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES H THOMPSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SHARON K KRESS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARGARET GERAGHTY BVM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DEANNA MCCORMICK | |||||||
| TREASURER/VP BUSINESS & | 40.00 | X | 136911 | 0 | 7339 | ||
| JOAN LINGEN BVM PHD | |||||||
| PROVOST/VP OF ACADEMIC A | 40.00 | X | 0 | 0 | 115894 | ||
| MARK JONES | |||||||
| VP - INSTITUTIONAL ADVAN | 40.00 | 122957 | 0 | 12141 | X | ||
| ELIZABETH TRIPLETT | |||||||
| VP - ENROLLMENT MGMT | 40.00 | 132918 | 0 | 12485 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 572859 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 199092 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| 4880 PAYSPHERE CIR | CHICAGO | IL | 60674 | FACILITIES MANAGEMENT | 145372 |
| CURTIS 1000 INC | |||||
| DEPT CH 19157 | PALATINE | IL | 600559157 | MAILING SERVICES/SEARCH FIRM | 126107 |
| RUFFALOCODY | |||||
| PO BOX 3018 | CEDAR RAPIDS | IA | 52406 | FUNDRAISING/SEARCH FIRM | 105052 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 9042 | FundraisingEvents |
| Government Grants | 504431 | GovernmentGrants |
| All Other Contributions | 1192063 | AllOtherContributions |
| Noncash Contributions | 36171 | NoncashContributions |
| Total Contributions | 1705536 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION & FEES | 611600 | 21541866 | 21541866 | |
| AUXILIARY SERVICES | 611600 | 2993205 | $2,993,205 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 146067 | TotalRevenueColumn |
| Related Or Exempt Function Income | 146067 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 24681138 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 997065 | TotalRevenueColumn |
| Exclusion | $997,065 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21973 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 66794 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -44821 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -44821 | TotalRevenueColumn |
| Unrelated Business Revenue | -44821 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1116253 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1424255 | Securities |
| Other | 31166 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -308002 | Securities |
| Other | -31166 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -339168 | TotalRevenueColumn |
| Exclusion | -$339,168 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 26788 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9042 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 18221 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8567 | TotalRevenueColumn |
| Exclusion | $8,567 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 621491 | GrossSalesOfInventory |
| Cost Of Goods Sold | 494527 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 126964 | TotalRevenueColumn |
| Exclusion | $126,964 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONF/EVENT CATERING | Description |
| Business Code | 722320 | BusinessCode |
| Total Revenue Column | 231436 | TotalRevenueColumn |
| Related Or Exempt Function Income | 52991 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 178445 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 231436 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27366717 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21740924 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 133624 | UnrelatedBusinessRevenue |
| Exclusion | $3,786,633 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7996510 | Total |
| Program Services | 7996510 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 306839 | Total |
| Program Services | 58333 | ProgramServices |
| Management And General | 190173 | ManagementAndGeneral |
| Fundraising | 58333 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10048774 | Total |
| Program Services | 8188679 | ProgramServices |
| Management And General | 1358209 | ManagementAndGeneral |
| Fundraising | 501886 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422415 | Total |
| Program Services | 332139 | ProgramServices |
| Management And General | 72265 | ManagementAndGeneral |
| Fundraising | 18011 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1013866 | Total |
| Program Services | 728138 | ProgramServices |
| Management And General | 245692 | ManagementAndGeneral |
| Fundraising | 40036 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 725774 | Total |
| Program Services | 574366 | ProgramServices |
| Management And General | 113932 | ManagementAndGeneral |
| Fundraising | 37476 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144396 | Total |
| Management And General | 144396 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11568 | Total |
| Program Services | 11568 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57180 | Total |
| Management And General | 57180 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102180 | Total |
| Fundraising | 102180 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76852 | Total |
| Management And General | 76852 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219449 | Total |
| Program Services | 215464 | ProgramServices |
| Management And General | 3985 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259411 | Total |
| Program Services | 259411 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1633003 | Total |
| Program Services | 1282510 | ProgramServices |
| Management And General | 274197 | ManagementAndGeneral |
| Fundraising | 76296 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273788 | Total |
| Program Services | 98422 | ProgramServices |
| Management And General | 87683 | ManagementAndGeneral |
| Fundraising | 87683 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 786307 | Total |
| Program Services | 786307 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 362417 | Total |
| Program Services | 282562 | ProgramServices |
| Management And General | 37132 | ManagementAndGeneral |
| Fundraising | 42723 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73083 | Total |
| Program Services | 42117 | ProgramServices |
| Management And General | 27740 | ManagementAndGeneral |
| Fundraising | 3226 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347188 | Total |
| Program Services | 305040 | ProgramServices |
| Management And General | 21074 | ManagementAndGeneral |
| Fundraising | 21074 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1432868 | Total |
| Program Services | 1255930 | ProgramServices |
| Management And General | 88469 | ManagementAndGeneral |
| Fundraising | 88469 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164830 | Total |
| Program Services | 143161 | ProgramServices |
| Management And General | 21669 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MAINTENANCE AND REPAIRS | 278079 | 46719 | 231360 | |
| STIPENDS & CASUAL LABOR | 215521 | 206955 | 8566 | |
| MEMBERSHIPS | 129940 | 38664 | 85658 | 5618 |
| FOOD & ENTERTAINMENT | 107169 | 44951 | 48088 | 14130 |
| BAD DEBT EXPENSE | 85766 | 85766 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422418 | Total |
| Program Services | 282477 | ProgramServices |
| Management And General | 118416 | ManagementAndGeneral |
| Fundraising | 21525 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27697591 | Total |
| Program Services | 23180423 | ProgramServices |
| Management And General | 3398502 | ManagementAndGeneral |
| Fundraising | 1118666 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 906378 | BOY |
| EOY | 1142128 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8698928 | BOY |
| EOY | 946137 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 208707 | BOY |
| EOY | 297128 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 577297 | BOY |
| EOY | 568684 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135414 | BOY |
| EOY | 158306 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316870 | BOY |
| EOY | 373972 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48726901 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26729870 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22833897 | BOY |
| EOY | 21997031 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14102623 | BOY |
| EOY | 24469116 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1613246 | BOY |
| EOY | 1192533 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1495886 | BOY |
| EOY | 1503566 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1230945 | BOY |
| EOY | 1337700 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52120191 | BOY |
| EOY | 53986301 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1354249 | BOY |
| EOY | 1424342 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408725 | BOY |
| EOY | 442169 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5370000 | BOY |
| EOY | 4945000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82930 | BOY |
| EOY | 87410 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1598259 | BOY |
| EOY | 1422020 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500000 | BOY |
| EOY | 500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1816805 | BOY |
| EOY | 1912276 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11130968 | BOY |
| EOY | 10733217 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28903323 | BOY |
| EOY | 30654490 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2063893 | BOY |
| EOY | 2181567 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10022007 | BOY |
| EOY | 10417027 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40989223 | BOY |
| EOY | 43253084 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52120191 | BOY |
| EOY | 53986301 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 115000 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24107394 | BeginningOfYearBalance |
| Contributions | 330416 | Contributions |
| Investment Earnings Or Losses | 3045649 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 172221 | GrantsOrScholarships |
| Other Expenditures | 745589 | OtherExpenditures |
| Administrative Expenses | 76852 | AdministrativeExpenses |
| End Of Year Balance | 26488797 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23772119 | BeginningOfYearBalance |
| Contributions | 5530281 | Contributions |
| Investment Earnings Or Losses | -4380679 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 183104 | GrantsOrScholarships |
| Other Expenditures | 550816 | OtherExpenditures |
| Administrative Expenses | 80407 | AdministrativeExpenses |
| End Of Year Balance | 24107394 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.60060 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.39330 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00610 | 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 | 257119 | OtherCostOrOtherBasis |
| Book Value | 257119 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39676996 | OtherCostOrOtherBasis |
| Depreciation | 20153429 | Depreciation |
| Book Value | 19523567 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1690629 | OtherCostOrOtherBasis |
| Depreciation | 1411512 | Depreciation |
| Book Value | 279117 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5930541 | OtherCostOrOtherBasis |
| Depreciation | 4232066 | Depreciation |
| Book Value | 1698475 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1171616 | OtherCostOrOtherBasis |
| Depreciation | 932863 | Depreciation |
| Book Value | 238753 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 21997031 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO US GOVT - STUDENT LOANS | $1,002,362 |
| ASSET RETIREMENT OBLIGATION | $652,068 |
| ANNUITIES PAYABLE | $257,846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1912276 | TotalOfAmounts |
| Total Revenue | 27366717 | TotalRevenue |
| Total Expenses | 27697591 | TotalExpenses |
| Excess Or Deficit For Year | -330874 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2594735 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2594735 | TotalAdjustments |
| Excess Or Deficit Per FS | 2263861 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 23377519 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2594735 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 136070 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 2730805 | RevenueNotRptdF990 |
| Revenue Subtotal | 20646714 | RevenueSubtotal |
| Other Revenues Not Included | 6720003 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6720003 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 27366717 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21113658 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 136070 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 579542 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 715612 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20398046 | ExpensesSubtotal |
| Other Expenses Not Included | 7299545 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 7299545 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 27697591 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 4: | THE COLLECTION CONSISTS OF A LIMITED HERITAGE EDITION OF WORLD-RENOWNED SAINT JOHN'S BIBLE. THE HERITAGE EDITION IS A COMPLETELY HANDWRITTEN AND ILLUSTRATED RE-CREATION OF THE ORIGINAL SAINT JOHN'S BIBLE. THE SAINT JOHN'S BIBLE IS A SIGNIFICANT REPRESENTATION OF THE WORD OF GOD AND A COMPELLING WORK OF ART. THIS RARE GIFT TO CLARKE WILL SERVE AS A TESTAMENT TO OUR CATHOLIC HERITAGE AND IT WILL BE A SOURCE OF PRIDE FOR THE COLLEGE AND OUR COMMUNITY. THE COLLEGE PLANS TO EXHIBIT THE BIBLE AS VOLUMES ARE RECEIVED AND IS PLANNING A SPEAKER SERIES TO ACCOMPANY EACH VOLUME'S ARRIVAL. | |
| Part IV, Line 2b: | STUDENT DEPOSIT ACCOUNTS ARE HELD BY THE COLLEGE FOR VARIOUS STUDENT GROUPS ON CAMPUS AND ARE REPORTED AS LIABILITIES ON THE ORGANIZATION'S BALANCE SHEET. | |
| Part V, Line 4: | THE ENDOWMENT FUNDS ARE INVESTED TO PROVIDE FOR TOTAL RETURN. SPENDING FROM THE ENDOWMENT SUPPORTS SCHOLARSHIP AND OTHER EDUCATIONAL ACTIVITIES. | Description of Intended Use of Endowment Funds: |
| Part X: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE 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 COLLEGES INCLUDE SUCH MATTERS AS THE FOLLOWING: 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. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF MAY 31, 2010 AND 2009, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED MAY 31, 2006 AND PRIOR. | Description of Uncertain Tax Positions Under FIN 48: |
| Part XII, Line 4b - Other Adjustments: | SCHOLARSHIPS AND GRANTS REPORTED AS CONTRA INCOME FOR BOOK: 7222693. INVESTMENT EXPENSES NETTED WITH INVESTMENT INCOME FOR BOOK: 76852. RENTAL EXPENSES NETTED WITH RENTAL INCOME: -66794. SPECIAL EVENT EXPENSES NETTED WITH SPECIAL EVENT REVENUE: -18221. COST OF GOODS SOLD NETTED WITH GROSS RECEIPTS: -494527. | |
| Part XIII, Line 2d - Other Adjustments: | RENTAL EXPENSES NETTED WITH RENTAL INCOME: 66794. SPECIAL EVENT EXPENSES NETTED WITH SPECIAL EVENT REVENUE: 18221. COST OF GOODS SOLD NETTED WITH GROSS RECEIPTS: 494527. | |
| Part XIII, Line 4b - Other Adjustments: | SCHOLARSHIPS AND GRANTS: 7222693. INVESTMENT EXPENSES: 76852. |
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 |
| Pub Via Broadcast Media Expln | CLARKE DOES NOT MAKE ANY PUBLIC DISCLOSURES IN THE MEDIA REGARDING ITS NONDISCRIMINATION POLICY WHEN RECRUITING STUDENTS. HOWEVER, CLARKE DOES INCLUDE A STATEMENT IN ALL PUBLIC JOB POSTINGS THAT INCLUDES A STATEMENT THAT CLARKE IS AN EQUAL OPPORTUNITY EMPLOYER. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY IS DISTRIBUTED TO STUDENTS USING FEDERALLY APPROVED FINANCIAL NEED ANALYSIS CRITERIA. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|
| RUFFALOCODY | ||||
| TELETHON SERVICES | 0 | 208720 | 50000 | 158720 |
| BENTZ WHALEY FLESSNER | ||||
| FEASABILITY STDY FOR CAP CAMPAIGN | 0 | 1000 | 44818 | -43818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 209720 | TotalGrossReceipts |
| Total Retained By Contractors | 94818 | TotalRetainedByContractors |
| Total Net To Organization | 114902 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CLARKE GOLF CLASSIC | NameOfEvent1 |
| Gross Receipts Event1 | 35830 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9042 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 26788 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 13756 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 4465 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 35830 | GrossReceiptsTotal |
| Charitable Contributions Total | 9042 | CharitableContributionsTotal |
| Gross Revenue Total Events | 26788 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 13756 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 4465 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 18221 | DirectExpenseSummaryEvents |
| Net Income Summary | 8567 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| ENDOWED SCHOLARSHIPS | 127 | 199727 | N/A | N/A |
| ENDOWED AWARDS | 50 | 8206 | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS | 694 | 6899134 | N/A | N/A |
| FEDERAL SEOG GRANTS | 318 | 124422 | N/A | N/A |
| TUITION REMISSION & OTHER WAIVERS | 62 | 588262 | N/A | N/A |
| TUITION EXCHANGE | 9 | 176759 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON SPECIFIC CRITERIA DETAILED IN THE VARIOUS GRANT/SCHOLARSHIP AGREEMENTS. MEMBERS OF THE FINANCIAL AID OFFICE AND VARIOUS SCHOLARSHIP/AWARD COMMITTEES REVIEW RECORDS FOR ALL POTENTIAL RECIPIENTS TO ENSURE THAT THE SCHOLARSHIP/AWARD IS BEING AWARDED PROPERLY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOANNE M BURROWS SC PHD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 175093 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 4980 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 9087 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 42146 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 231306 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | JOANNE BURROWS SC, PRESIDENT, NON-TAXABLE BENEFITS INCLUDES HOUSING,WHICH IS REPORTED AS OTHER COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN (F) AND SCHEDULE J, PAGE 2, PART II, COLUMN (D). A PLAQUE IN THE HOUSE STATES THE HOUSE WAS DONATED TO CLARKE FOR USE AS PRESIDENTIAL RESIDENCE. THE PRESIDENT CONDUCTS SIGNIFICANT BUSINESS ACTIVITIES AND COLLEGE RELATED ENTERTAINMENT ON COLLEGE PROPERTY. THE RESIDENCE LOCATED AT 1830 LINKS GLEN DR; DUBUQUE, IOWA, WHICH IS OWNED BY THE COLLEGE, IS DESIGNATED THE OFFICIAL COLLEGE PRESIDENTIAL HOUSE. THE ORGANIZATION PAYS COUNTRY CLUB DUES ON BEHALF OF JOANNE M. BURROWS, SC, PHD, PRESIDENT. THIS IS A TAXABLE BENEFIT TO THE EMPLOYEE AND IS REPORTED IN REPORTABLE COMPENSATION ON FORM 990, PART VI, SECTION A, COLUMN (D) AND SCHEDULE J, PART II, COLUMN (B)(III). |
| Part I, Line 1b | THE ORGANIZATION HAS NO WRITTEN POLICY PER SE, HOWEVER, IT FOLLOWS THE IRS TAX LAW RELATED TO TAXABLE EMPLOYER BENEFITS FOR THE EMPLOYEES FOR WHICH THE COLLEGE PAYS COUNTRY CLUB DUES. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 300 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/COMP SALES | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 8382 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 22031 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | GIFT CERTIFICATES | 7 | 1869 | FACE VALUE |
| X | PASSES, TICKETS, MEMBERSHIPS | 6 | 1251 | COMPARABLE SALES |
| X | GIFT SETS | 3 | 500 | COMPARABLE SALES |
| X | DISCOUNTS ON PURCHASED GOODS | 4 | 1838 | COMPARABLE SALES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Method for Determining Number of Contributors: | Part I, Column (b): | THIS IS THE NUMBER OF CONTRIBUTORS. |
| Third Party Use: | Part I, Line 32b: | THE ORGANIZATION USES A BROKER TO PROCESS AND SELL DONATED STOCK. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | ROBERT H. WAHLERT, TRUSTEE AND ROBERT C. WAHLERT, TRUSTEE HAVE A FAMILY RELATIONSHIP (FATHER AND SON). | |
| Form 990, Part VI, Section A, line 7b | THE BOARD OF TRUSTEES HAS GENERAL POWERS, DUTIES, AND RESPONSIBILITIES WITH REGARD TO GOVERNANCE OF THE ORGANIZATION. IN ADDITION, PURSUANT TO THE BYLAWS OF THE ORGANIZATION, A BOARD OF CORPORATORS CONSISTING OF NINE (9) SPECIFIC INDIVIDUALS FROM THE BOARD OF TRUSTEES, HAS AUTHORITY TO: A. ADOPT, ALTER, AMEND OR REPEAL THE BYLAWS OF THE CORPORATION. B. EXERCISE, IN ITS DISCRETION, THE POWER OF DISAFFIRMATION WITH REGARD TO BOARD OF TRUSTEE DECISIONS/ACTIONS. DISAFFIRMATION REQUIRES A MAJORITY VOTE OF THE BOARD OF CORPORATORS AND MUST BE EXERCISED WITHIN FIVE (5) DAYS OF THE BOARD OF TRUSTEE DECISION/ACTION BEING DISAFFIRMED. C. EXERCISE SUCH OTHER POWERS AS IT MAY, FROM TIME TO TIME, RESERVE TO ITSELF. EACH MEMBER OF THE BOARD OF CORPORATORS IS ENTITLED TO ONE (1) VOTE. | |
| Form 990, Part VI, Section B, line 11 | THE BOARD OF TRUSTEES OF CLARKE COLLEGE HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE MADE UP OF MEMBERS OF MANAGEMENT OF CLARKE COLLEGE AND SEVERAL TRUSTEES WHO SERVE ON THE BOARD. THE AUDIT COMMITTEE MEETS TO REVIEW THE COMPLETED FORM 990 WITH THE PAID TAX PREPARER. ANY REVISIONS ARE MADE AND SUBSEQUENTLY APPROVED BY THE COMMITTEE PRIOR TO THE FULL BOARD MEETING. ALL TRUSTEES RECEIVE A FINAL COPY OF THE FORM 990 AFTER IT IS APPROVED BY THE AUDIT COMMITTEE AND BEFORE IT IS FILED WITH THE IRS. | |
| Form 990, Part VI, Section B, line 12c | ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY BOARD OF TRUSTEE MEMBER SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD OF TRUSTEES AND MADE A MATTER OF RECORD THROUGH AN ANNUAL PROCEDURE AND ALSO WHEN THE CONFLICT OF INTEREST BECOMES A MATTER OF ACTION BY THE BOARD OF TRUSTEES. ANY BOARD OF TRUSTEE MEMBER HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND HE OR SHE SHALL NOT BE COUNTED IN DETERMINING THE QUORUM SITUATION. THE FOREGOING REQUIREMENTS SHALL NOT BE CONSTRUED AS PREVENTING THE BOARD OF TRUSTEE MEMBER FROM BRIEFLY STATING HIS OR HER POSITION IN THE MATTER, NOR FROM ANSWERING PERTINENT QUESTIONS OF OTHER BOARD OF TRUSTEE MEMBERS SINCE HIS OR HER KNOWLEDGE MAY BE OF GREAT ASSISTANCE. ANY NEW MEMBER OF THE BOARD WILL BE ADVISED OF THIS POLICY UPON ENTERING ON THE DUTIES OF HIS AND HER OFFICE. | |
| Form 990, Part VI, Section B, line 15 | THE BOARD HAS A CONVERSATION DURING AN EXECUTIVE SESSION AT THE JANUARY MEETING ABOUT THE PRESIDENT'S SALARY AND ALL TERMS IN HER CONTRACT. A SMALL AD HOC GROUP COMPOSED OF THE CHAIR (THOMAS LYNCH), VICE-CHAIR (CAROLYN HAUPERT), AND ANOTHER BOARD MEMBER (BRENDAN QUANN - ALSO LEGAL COUNSEL) THEN MEET TO DISCUSS HER SALARY. THEY REVIEW THE COMPARATIVE SALARIES FOR OTHER PRESIDENTS IN THE IOWA ASSOCIATION OF INDEPENDENT COLLEGE & UNIVERSITIES (IAICU), AND PREPARE A RECOMMENDATION FOR THE FULL BOARD TO APPROVE. THE RECOMMENDATION IS APPROVED OR REJECTED BY THE BOARD AT THE APRIL MEETING. REGARDING THE VICE PRESIDENTS, THE AUDIT COMMITTEE LOOKS AT THEIR SALARIES AND ALSO COMPARES THEM TO THE IAICU DATA FOR LIKE POSITIONS. VICE PRESIDENTS RECEIVE THE SAME INCREASE AS ALL OTHER SALARIED AND FACULTY EMPLOYEES ON AN ANNUAL BASIS. | |
| Form 990, Part VI, Section C, line 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS OF CLARKE COLLEGE ARE ALWAYS AVAILABLE UPON REQUEST. IN ADDITION, OUR COLLEGE-WIDE CONFLICT OF INTEREST POLICY IS AVAILABLE ON OUR WEBSITE IN THE EMPLOYMENT MANUAL. OUR AUDITED FINANCIAL STATEMENTS ARE ALSO POSTED ON THE NACUBO WEBSITE. | |
| FORM 990, PART VII, SECTION A AND SCHEDULE J, PART III | JOAN LINGEN, BVM, PHD IS A MEMBER OF A RELIGIOUS ORDER AND HAS TAKEN A BONA FIDE VOW OF POVERTY AND RECEIVES NO TAXABLE COMPENSATION. THE ANNUAL SALARY (EXCLUDING BENEFITS) FOR JOAN LINGEN'S POSITION AS PROVOST AND VP OF ACADEMIC AFFAIRS IS $109,636. OF THIS AMOUNT, $49,226 IS PAID DIRECTLY TO HER RELIGIOUS ORDER, THE SISTERS OF CHARITY OF THE BLESSED VIRGIN MARY ("BVM"). THE REMAINING PORTION OF HER SALARY OF $60,410 REPRESENTS CONTRIBUTED SERVICES. DETAILS OF THE SALARY AND BENEFITS RELATED TO THIS POSITION ARE AS FOLLOWS: BASE COMPENSATION (PAID DIRECTLY TO BVM): $ 49,226 BASE COMPENSATION (CONTRIBUTED SERVICES): 60,410 DEFERRED COMPENSATION (RETIREMENT CONTRIBUTION PAID TO BVM FOR BVM PLAN): 4,460 HEALTH INSURANCE PREMIUMS (PAID TO BVM FOR BVM PLAN): 1,128 EMPLOYER PAID LIFE AND LTD INSURANCE PREMIUMS: 670 TOTAL COMPENSATION $115,894 | ADDITIONAL INFORMATION REGARDING THE SALARY OF JOAN LINGEN, BVM, PHD |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCELROY CLARKE LOAN FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1550 CLARKE DRIVE | AddressLine1 |
| City | DUBUQUE | City |
| State | IA | State |
| ZIP Code | 52001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 421202190 | EIN |
| Primary Activities | EDUCATIONAL LOAN FUND | PrimaryActivities |
| Legal Domicile State | IA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11A | PublicCharityStatus |
| 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 |