STRATEGY STUDIO / PUBLIC DATA EXPLORER

ROSE-HULMAN INSTITUTE OF TECHNOLOGY: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
ROSE-HULMAN INSTITUTE OF TECHNOLOGY (EIN 35-0868149)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-02-15
IRS object ID
201140469349300704
Schema version
2009v1.7
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-02-15T07:56:33-06:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1200 E Main Street Suite 700AddressLine1
CityFort WayneCity
StateINState
ZIP Code468001900ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN350868149EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Rose-Hulman Institute of TechnologyBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlROSENameControl
Phone8128778111Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15500 Wabash Avenue CM 21AddressLine1
CityTerre HauteCity
StateINState
ZIP Code47803ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRobert A CoonsName
TitleVP and CAOTitle
Phone8128778172Phone
Date Signed2011-02-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone2604604033Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonRobert A CoonsNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line15500 Wabash Avenue CM 21AddressLine1
CityTerre HauteCity
StateINState
ZIP Code47803ZIPCode
FieldValueIRS element (for citing)
Gross Receipts159948801GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.rose-hulman.eduWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1874YearFormation
State Legal DomicileINStateLegalDomicile
Activity Or Mission DescriptionTo provide the world's best undergraduate education in engineering, mathematics, and science.ActivityOrMissionDescription
Nbr Voting Members Governing Body35NbrVotingMembersGoverningBody
Nbr Independent Voting Members34NbrIndependentVotingMembers
Total Nbr Employees2107TotalNbrEmployees
Total Nbr Volunteers35TotalNbrVolunteers
Total Gross UBI351806TotalGrossUBI
Net Unrelated Business Txbl Income-758NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year7354632ContributionsGrantsPriorYear
Contributions Grants Current Year8679014ContributionsGrantsCurrentYear
Program Service Revenue Prior Year70394501ProgramServiceRevenuePriorYear
Program Service Revenue CY75080148ProgramServiceRevenueCY
Investment Income Prior Year2644714InvestmentIncomePriorYear
Investment Income Current Year5438809InvestmentIncomeCurrentYear
Other Revenue Prior Year1167082OtherRevenuePriorYear
Other Revenue Current Year766480OtherRevenueCurrentYear
Total Revenue Prior Year81560929TotalRevenuePriorYear
Total Revenue Current Year89964451TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year21130983GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY24240380GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year42396453SalariesEtcPriorYear
Salaries Etc Current Year44888048SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year3764737TotalFundrsngExpCurrentYear
Other Expense Prior Year28460357OtherExpensePriorYear
Other Expenses Current Year24214035OtherExpensesCurrentYear
Total Expenses Prior Year91987793TotalExpensesPriorYear
Total Expenses Current Year93342463TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-10426864RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-3378012RevenuesLessExpensesCY
Total Assets BOY277630652TotalAssetsBOY
Total Assets EOY286579808TotalAssetsEOY
Total Liabilities BOY70495837TotalLiabilitiesBOY
Total Liabilities EOY68939708TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY207134815NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY217640100NetAssetsOrFundBalancesEOY
Mission DescriptionTo provide our students with the world's best undergraduate education in engineering, mathematics and science in an environment of individual attention and support.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense59029195Expense
Grants24240380Grants
Revenue64581341Revenue
DescriptionStudent Instruction - teaching faculty/related administrative salaries: costs associated therewith (i.e. library, computer services, student aid), fall 2009 enrollment 1,961.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense9581649Expense
Revenue9790Revenue
DescriptionStudent Services - admissions, placement, student counseling services, health services and athletic programs.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense9463310Expense
Revenue10489018Revenue
DescriptionAuxillary Enterprises - student residence halls, food services, Student Union Building and Bookstore.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense4006971Expense
DescriptionOperation and maintenance of PlantDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp4006971TotalOfOtherProgramServiceExp
Total Program Service Expense82081125TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities1LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096110NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees2107NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Nbr Voting Governing Body Members35NbrVotingGoverningBodyMembers
Number Independent Voting Members34NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body0Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledINStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Robert A Coons VP and CAOBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number8128778111TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15500 Wabash AvenueAddressLine1
CityTerre HauteCity
StateINState
ZIP Code47803ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (48 entries)

TitleTitleInstitutional TrusteeInstitutionalTrusteeReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationAverage Hours Per WeekAverageHoursPerWeekOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
William Fenoglio
TrusteeX000
Jeffrey Belskus
TrusteeX000
Niles Noblitt
TrusteeX000
Thomas Dinkel
TrusteeX000
Robert Bright
TrusteeX000
Jeffrey Burgan
TrusteeX000
Bruce Cahill
TrusteeX000
Patrick Cahill
TrusteeX000
James Coles
TrusteeX000
Carl Cook
TrusteeX000
B Guille Cox Jr
TrusteeX000
Dennis Cuneo
TrusteeX000
Anton Hulman George
TrusteeX000
Gregory Gibson
TrusteeX000
Gregory Gotward
TrusteeX000
Elizabeth Hagerman
TrusteeX000
Michael Hatfield
TrusteeX000
Donald Ings
TrusteeX000
Elizabeth H Klimes
TrusteeX000
Melendy Lovett
TrusteeX000
Greggory Lowe
TrusteeX000
Chris Mack
TrusteeX000
Jeffrey McCreary
TrusteeX000
Warren L Mickens
TrusteeX000
W Darin Moody
TrusteeX000
William Olah
TrusteeX000
Carlton C O'Neal
TrusteeX000
Eston L Perry
TrusteeX000
Jack Ragle
TrusteeX000
Robert J Schacht
TrusteeX000
William D Schindel
TrusteeX000
John V Titsworth
TrusteeX000
Jimmie Trueblood
TrusteeX000
Michael Andrew Williams
TrusteeX000
Clyde Willian
TrusteeX000
Matt Branam
President17751801231540.00X
Robert Coons
VP and CAO22452602772840.00X
Donald Fry
VP Institutional Advance771830659640.00X
James Goecker
VP of Enrollment Managem15060302201640.00X
Gerald Jakubowoski
President23006201663440.00X
Mark Lindemood
VP Institutional Advance20304802026340.00X
Arthur Western
VP of Academic Affairs21563802224540.00X
Peter Gustafson
VP for Student Affairs14910001027840.00X
Louis Turcotte
VP for IAIT16696502206240.00X
Azad Siahmakoun
Professor of PHOE16021702206240.00X
James McKinney
Professor Civil Engineer16419402189840.00X
William Kline
Assoc Dean Prof Experien16365602640240.00X
Daniel Moore
Associate Dean of Facult16172402636640.00X
FieldValueIRS element (for citing)
Total Reportable Comp From Org2244434TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation256865TotalOtherCompensation
Number Individuals GT100 K46NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Borshoff
PO Box 7160IndianpolisIN46207Marketing288467
NRK Inc
1126 S 13th StreetTerre HauteIN47804Electrical Contracting241991
Bennett & Hair Contractors
1211 Poplar StreetTerre HauteIN47807General Contracting Services193384
Gregory Toler
2290 Hiwan DriveEvergreenCO80439Facilities Consulting144835
Capitol Resources
7307 Arlington Blvd 22042Falls ChurchVA22042Institute Consulting116896
FieldValueIRS element (for citing)
Number Of Contractors GT100 K7NumberOfContractorsGT100K
Government Grants1750875GovernmentGrants
All Other Contributions6928139AllOtherContributions
Noncash Contributions231396NoncashContributions
Total Contributions8679014TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
Tuition and Fees6117106321031263210312
Auxillary Enterprises6117101048901810489018
Other Sources61171013710281371028
Advertising Revenue54180097909790
FieldValueIRS element (for citing)
Total Program Service Revenue75080148TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4066171TotalRevenueColumn
Unrelated Business Revenue-34970UnrelatedBusinessRevenue
Exclusion$4,101,141ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real418247Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real418247Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column418247TotalRevenueColumn
Unrelated Business Revenue298569UnrelatedBusinessRevenue
Exclusion$119,678ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities71356988Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities69984350Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities1372638Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column1372638TotalRevenueColumn
Related Or Exempt Function Income1372638RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Sales Of Inventory269816GrossSalesOfInventory

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column269816TotalRevenueColumn
Exclusion$269,816ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionConcessions/ParkingDescription
Business Code722210BusinessCode
Total Revenue Column78417TotalRevenueColumn
Unrelated Business Revenue78417UnrelatedBusinessRevenue
FieldValueIRS element (for citing)
Total Other Revenue78417TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column89964451TotalRevenueColumn
Related Or Exempt Function Income76442996RelatedOrExemptFunctionIncome
Unrelated Business Revenue351806UnrelatedBusinessRevenue
Exclusion$4,490,635ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total24240380Total
Program Services24240380ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1565752Total
Program Services560071ProgramServices
Management And General480328ManagementAndGeneral
Fundraising525353Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total30808496Total
Program Services26559937ProgramServices
Management And General2816653ManagementAndGeneral
Fundraising1431906Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total2646306Total
Program Services2233067ProgramServices
Management And General292795ManagementAndGeneral
Fundraising120444Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total7655044Total
Program Services6269255ProgramServices
Management And General1034215ManagementAndGeneral
Fundraising351574Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total2212450Total
Program Services1852735ProgramServices
Management And General224945ManagementAndGeneral
Fundraising134770Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total106987Total
Program Services17395ProgramServices
Management And General89390ManagementAndGeneral
Fundraising202Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total118343Total
Management And General118343ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total821025Total
Program Services274772ProgramServices
Management And General333297ManagementAndGeneral
Fundraising212956Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total733078Total
Program Services506567ProgramServices
Management And General58072ManagementAndGeneral
Fundraising168439Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total3780517Total
Program Services3008410ProgramServices
Management And General612689ManagementAndGeneral
Fundraising159418Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total248355Total
Program Services100665ProgramServices
Management And General144259ManagementAndGeneral
Fundraising3431Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total2781255Total
Program Services2468704ProgramServices
Management And General208380ManagementAndGeneral
Fundraising104171Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total1422493Total
Program Services1058178ProgramServices
Management And General167182ManagementAndGeneral
Fundraising197133Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total126843Total
Program Services82077ProgramServices
Management And General36103ManagementAndGeneral
Fundraising8663Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total2164820Total
Program Services2045498ProgramServices
Management And General119322ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total6331305Total
Program Services6053102ProgramServices
Management And General278203ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total491715Total
Program Services375331ProgramServices
Management And General116384ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Food Service Fees22011612200465240456
Other1410248968957181741259550
Non-Capital Equipment118281610726149592214280
Membership/Professional2930741329458813871991

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total93342463Total
Program Services82081125ProgramServices
Management And General7496601ManagementAndGeneral
Fundraising3764737Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY32148BOY
EOY31564EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY8141093BOY
EOY13482561EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1126366BOY
EOY1242564EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY3098869BOY
EOY3281863EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY5809418BOY
EOY5778449EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY793798BOY
EOY744786EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis194146290LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec97312005LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY99965997BOY
EOY96834285EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY77291545BOY
EOY86787953EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY74145168BOY
EOY71007309EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY7226250BOY
EOY7388474EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY277630652BOY
EOY286579808EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY5692940BOY
EOY5760134EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY1279140BOY
EOY1720003EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY43865000BOY
EOY42030000EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY144273BOY
EOY50000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY19514484BOY
EOY19379571EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY70495837BOY
EOY68939708EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY115101533BOY
EOY121317703EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY29820048BOY
EOY31094849EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY62213234BOY
EOY65227548EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY207134815BOY
EOY217640100EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY277630652BOY
EOY286579808EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0Volunteers
Paid Staff Or Management0PaidStaffOrManagement
Media Advertisements0MediaAdvertisements
Mailings Members0MailingsMembers
Publications Or Broadcast0PublicationsOrBroadcast
Grants Other Organizations0GrantsOtherOrganizations
Direct Contact Legislators1DirectContactLegislators
Direct Contact Legislators$48,050DirectContactLegislatorsAmount
Rallies Demonstrations0RalliesDemonstrations
Other Activities0OtherActivities
Total Lobbying Expenditures IIB48050TotalLobbyingExpendituresIIB
Not Described In501c30NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierPart II-B, Line 1i:Identifier
Return ReferenceExplanation of Other Lobbying Activities:ReturnReference
ExplanationVarious contact with congressional staffers and members requesting appropriations for Digital Optical Beam-forming Systems (Department of the Navy), K-12 Outreach Programs (Department of Education), and Rose-Hulman Ventures innovation programs.Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X2598495AssetsInPartX
FieldValueIRS element (for citing)
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Solicited Assets For Sale0SolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance150784469BeginningOfYearBalance
Contributions1516413Contributions
Investment Earnings Or Losses20622688InvestmentEarningsOrLosses
Grants Or Scholarships4055771GrantsOrScholarships
Other Expenditures6921101OtherExpenditures
End Of Year Balance161946698EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance190328847BeginningOfYearBalance
Contributions1454472Contributions
Investment Earnings Or Losses-28706436InvestmentEarningsOrLosses
Grants Or Scholarships3931775GrantsOrScholarships
Other Expenditures8360639OtherExpenditures
End Of Year Balance150784469EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.47000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.53000PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis8446656OtherCostOrOtherBasis
Book Value8446656BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis134484495OtherCostOrOtherBasis
Depreciation53999589Depreciation
Book Value80484906BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis45402806OtherCostOrOtherBasis
Depreciation40689242Depreciation
Book Value4713564BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis5812333OtherCostOrOtherBasis
Depreciation2623174Depreciation
Book Value3189159BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings96834285TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
Private Equity8686076F
Hedge funds and fund of funds53215617F
Real Assets9105616F
FieldValueIRS element (for citing)
Total Of Book Value Securities71007309TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (8 entries)

DescriptionDescriptionAmountAmount
Accrued Post Retirement Benefit Obligation$11,259,044
Annuity/Distribution Payable$2,857,543
Federal Perkins Loan Advances Payable$3,680,829
Deposits$317,850
Other$238,796
Gate Loan Reserve$705,830
Unclaimed Property$2,179
Other Notes Payable$317,500
FieldValueIRS element (for citing)
Total Of Amounts19379571TotalOfAmounts
Total Revenue89964451TotalRevenue
Total Expenses93342463TotalExpenses
Excess Or Deficit For Year-3378012ExcessOrDeficitForYear
Net Unrealized GL On Investments12506806NetUnrealizedGLOnInvestments
Other$1,376,491OtherAmount
Total Adjustments13883297TotalAdjustments
Excess Or Deficit Per FS10505285ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt105970305TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments12506806NetUnrealizedGainsInvestments
Other Revenues1403240OtherRevenues
Revenue Not Rptd F99013910046RevenueNotRptdF990
Revenue Subtotal92060259RevenueSubtotal
Other Revenues Not Included-2095808OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-2095808RevenueNotRptdOnFinStmt
Total Revenue Per Form99089964451TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt95465017TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal95465017ExpensesSubtotal
Other Expenses Not Included-2122554OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt-2122554ExpensesNotRptdOnFinStmt
Total Expenses Per Form99093342463TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Part III, Line 4:Rose-Hulman Institute of Technology holds in its collection various works of art acquired by purchase and donations. These works are displayed in various buildings on campus to assist students in developing an appreciation for art and design.
Part V, Line 4:The Institute's endowment funds provide financial support of the Institutes academic and other needs. The earnings from the investment of the endowed funds provide student scholarships, laboratory and equipment, and endowed chairs and professorships.Description of Intended Use of Endowment Funds:
Part X:During fiscal year 2010, the Institute adopted the provisions of ASC Topic 740, Income Taxes, concerning the accounting and disclosures for certain tax positions, previously deferred by ASC Topic 740-10-65. As part of the implementation of this standard, management evaluated its current tax positions and determined the adoption of this standard had no material impact on the financial statements of the Institute. The Institute files tax returns in the U.S. federal jurisdiction. With a few exceptions, the Institute is no longer subject to U.S. federal examinations by tax authorities for years before 2007.Description of Uncertain Tax Positions Under FIN 48:
Part XI, Line 8 - Other Adjustments:Change in Value of Split Interest Agreements: 425102. Change in Value of RHV Investments: 143981. Post-Retirement Plan Adjustment: 807408.
Part XII, Line 2d - Other Adjustments:Change in Value of Split Interests : 425102. Change in Value of RHV Invesments: 143982. Bookstore Rent: 26748. Post-Retirement Plan Adjustment: 807408.
Part XII, Line 4b - Other Adjustments:Bookstore/Laptop Cost of Goods Sold: -2095808.
Part XIII, Line 4b - Other Adjustments:Bookstore/Laptop Cost of Goods Sold: -2095806. Bookstore Rent: -26748.
During fiscal year 2010, the Institute adopted the provisions of ASC Topic 740, Income Taxes, concerning the accounting and disclosures for certain tax positions, previously deferred by ASC Topic 740-10-65. As part of the implementation of this standard, management evaluated its current tax positions and determined the adoption of this standard had no material impact on the financial statements of the Institute. The Institute files tax returns in the U.S. federal jurisdiction. With a few exceptions, the Institute is no longer subject to U.S. federal examinations by tax authorities for years before 2007.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Pub Via Broadcast Media ExplnSolicitation of students is accomplished through direct mailings or contact with high school counselors. Mailings include a statemnt of racial non-discrimination. The Institute's admissions policies are in accordance with Sec 4.02 of Rev. Proc 75-50.PubViaBroadcastMediaExpln
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Govt Financial Aid ExplanationFinancial aid for both students and the Institute is received from the Department of Education along with funds from various Indiana State Agencies. These funds are disbursed without regard to race, religion, or national origin of students. The Institute also received from various federal and state agency's grants for the purpose of research and acquisition of equipment.GovtFinancialAidExplanation
Compliance With Rev Proc75501ComplianceWithRevProc7550

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1Innovation Celebration DinnerNameOfEvent1
Gross Receipts Event11002925GrossReceiptsEvent1
Charitable Contributions Event1966625CharitableContributionsEvent1
Gross Revenue Event136300GrossRevenueEvent1
Rent Facility Costs Event145342RentFacilityCostsEvent1
Food And Beverage Event164178FoodAndBeverageEvent1
Entertainment Event13250EntertainmentEvent1
Other Direct Expenses Event1102330OtherDirectExpensesEvent1
Gross Receipts Total1002925GrossReceiptsTotal
Charitable Contributions Total966625CharitableContributionsTotal
Gross Revenue Total Events36300GrossRevenueTotalEvents
Rent Facility Costs Total Events45342RentFacilityCostsTotalEvents
Food And Beverage Total Events64178FoodAndBeverageTotalEvents
Entertainment Total Events3250EntertainmentTotalEvents
Other Direct Expenses Total Events102330OtherDirectExpensesTotalEvents
Direct Expense Summary Events215100DirectExpenseSummaryEvents
Net Income Summary-178800NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
Endowed Scholarships7833739624
Non-Endowed Scholarships314672485
Institutional Financial Aid183419828271

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule I, Part I, Line 2: The Federal and State funds provided for financial aid to students of Rose-Hulman follows all regulations. Each year the regulations are evaluated to verify that all regulations are being followed based on each funds criteria.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Matt Branam
1775180000000123150189833000
Robert Coons
20413800020388000277280252254000
Donald Fry
7718300000006596083779000
James Goecker
13782300012780000220160172619000
Gerald Jakubowoski
21185000018212000166340246696000
Mark Lindemood
18483100018217000202630223311000
Arthur Western
19625200019386000222450237883000
Peter Gustafson
13590000013200000102780159378000
Louis Turcotte
15147600015489000220620189027000
Azad Siahmakoun
1504480009769000220620182279000
James McKinney
14925900014935000218980186092000
William Kline
14863900015017000264020190058000
Daniel Moore
14680000014924000263660188090000

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuer
Indiana Educational Facilities Authority
521698917455048S412003-06-2014800000New aprtment style residence hall00
Indiana Educational Facilities Authority
5216989174550483N62004-12-1616905000Refunding of 1995 and 1996 Series bonds00

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceedsIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpendituresYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
148000002960001335500020040011
1695423918513520040111

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
000011
000011

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
000000
000000

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions30NumberOfContributions
Noncash Contribs Rptd F990231396NoncashContribsRptdF990
Method Of Determining RevenuesFair-ValueMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XEquipment15430Fair Market Value
XSoftware2237225Fair Market Value
XMiscellanous14999Fair Market Value
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used1ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section A, line 2Anton Hulman George - Business Relationship Jeff Belskus - Business Relationship Patrick Cahill - Business Relationship Thomas Dinkel - Business Relationship James Baumgardt - Business Relationship Niles Noblitt - Business Relationship WIlliam Schindel - Business Relationship
Form 990, Part VI, Section B, line 11The form was reviewed in detail and approved by the Audit Committee of the Board of Trustees. The document was made available to all memebers of the Board of Trustees prior to submission to the IRS.
Form 990, Part VI, Section B, line 12cThe Institute requires every member of the Board of Trustees, faculty and staff to submit a written conflict of interest disclosure annually as well as immediately upon the identification of any apparent or implied conflict. These submissions are each reviewed by the Chair of the Audit Committee of the Board of Trustees and summarized for presentation to the committee.
Form 990, Part VI, Section B, line 15Rose-Hulman Institute of Technology's board of Trustees Compensation Committee annually performs a review of executive compensation for the President and the President's Cabinet. The review is designed to follow industry best practices and to comply with the IRS intermediate sanctions provision. In performing their annual review, the Committee reviews information from the Presidential performance review, compensation surveys, compensation at comparable organizations, and independent, third party reviews when deemed appropriate. The Committee makes compensation recommendations for the President for approval by the full Board of Trustees and approve the President's recommendations for his Cabinet.
Form 990, Part VI, Section C, line 19As a private institution, Rose-Hulman Institute of Technology does not publicly distribute governing documents and its Conflict of Interest Policy. Audited financial statements are released to the public upon request.