YORK UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- YORK UNIVERSITY (EIN 47-0418641)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-14
- IRS object ID
- 201140459349301319
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-14T14:30:39-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCDERMOTT AND MILLER PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1317 | AddressLine1 |
| City | HASTINGS | City |
| State | NE | State |
| ZIP Code | 689021317 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470418641 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YORK COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YORK | NameControl |
| Phone | 4023624441 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 E 8TH ST | AddressLine1 |
| City | York | City |
| State | NE | State |
| ZIP Code | 68467 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TODD SHELDON | Name |
| Title | VP FOR FINANCE | Title |
| Phone | 4023624441 | Phone |
| Date Signed | 2011-02-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL W WASSINGER CPA | Name |
| Phone | 4024624154 | Phone |
| Date Prepared | 2011-02-11 | DatePrepared |
| 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 | TODD SHELDON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 E 8TH STREET | AddressLine1 |
| City | YORK | City |
| State | NE | State |
| ZIP Code | 68467 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11409307 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.YORK.EDU | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | Private Not for Profit College | TypeOfOrgOtherDescription |
| Year Formation | 1890 | YearFormation |
| State Legal Domicile | NE | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE POST SECONDARY EDUCATION TO STUDENTS IN VARIOUS FIELDS.The college is a four year accredited post secondary education institution offering bachelor degrees in various areas. The college offers on-site learning. The college provides housing for many of its students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 379 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4281564 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2545894 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2642830 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3426126 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 528896 | InvestmentIncomePriorYear |
| Investment Income Current Year | 388478 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1743656 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2191473 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9196946 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8551971 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3917617 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4210599 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 353421 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4337132 | OtherExpensePriorYear |
| Other Expenses Current Year | 4420989 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8254749 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8631588 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 942197 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -79617 | RevenuesLessExpensesCY |
| Total Assets BOY | 25300335 | TotalAssetsBOY |
| Total Assets EOY | 24862308 | TotalAssetsEOY |
| Total Liabilities BOY | 16245365 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15555716 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9054970 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9306592 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE COLLEGE PROVIDES POST SECONDARY EDUCATION TO INDIVIDUALS SEEKING A BACHELOR'S DEGREE FROM AN ACCREDITED COLLEGE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5294452 | Expense |
| Grants | 0 | Grants |
| Revenue | 3426126 | Revenue |
| Description | POST SECONDARY EDUCATION FOR STUDENTS IN VARIOUS FIELDS. The college is accredited to award bachelor degrees to students. Classes are held on-campus by the college. The College has available housing and food services for students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1959926 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | INTERCOLLEGIATE ATHLETICS, INCLUDING SCHOLARSHIPS, SALARIES AND TRAVEL. As a post-secondary institution they have incollegiate athletic teams that compete with other institutions. The athletic program offers athletic scholarships to various individuals. They have salaried coaches for the athletic teams. Travel directly related to competitions is paid by the college. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 244106 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | LIBRARY & AUDIO VISUAL TO SUPPORT EDUCATIONAL FUNCTION. As part of their academic processes the college maintains library and audio-visual services to its students. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 7498484 | 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 | 0 | CollectionsOfArt |
| Credit Counseling | 0 | 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 | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | 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 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 379 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TODD SHELDON V P FOR FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4023624441 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | YORK COLLEGE 1125 E 8TH STREET | AddressLine1 |
| City | YORK | City |
| State | NE | State |
| ZIP Code | 68467 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| EDWARD J BAILEY | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| STEVEN W BELDEN | ||||||
| SECRETARY/TREASURER | 5.00 | X | 0 | 0 | 0 | |
| WILBUR DABBS | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| JARRELL H GIBBS | ||||||
| CHAIRMAN | 5.00 | X | 0 | 0 | 0 | |
| JEFFREY HANNEL | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| VAN R HARROLD | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| LAVERNE E HASELWOOD | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| PATRICK W HENDRICKS | ||||||
| VICE CHAIRMAN | 5.00 | X | 0 | 0 | 0 | |
| JAMES A HINKLE | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| CHESTER JAMES | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| DAVID LYNN | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| EDWARD E MCLOUD | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| NORMAN E MORROW | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| MICHAEL V MYERS | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| ED NILL | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| JAMES N REISCHL | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| PERRY RUBART | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| WAYNE G STUDEBAKER | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| WAYNE R WHITE | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| GREGORY N WOODS | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| KEITH L ARTERBURN | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| MAXINE HARVEY | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| MONROE HAWLEY | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| HARRY DENEWILER | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| JAMES L WILKISON | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| GERALD R WILLIS | ||||||
| TRUSTEE EMERITUS | 3.00 | X | 0 | 0 | 0 | |
| MIKE ARMOUR | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| ANN CASE | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| BRYAN MILLER | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| PAUL TOUCHTON | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| CHARLIE WATTS | ||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |
| Wayne Baker | ||||||
| Chancellor/PRESIDENT | 40.00 | 108540 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 108540 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ALADDIN FOOD MANAGEMENT SERVICES | |||||
| 16567 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 606936567 | FOOD SERVICES FOR CAFETERIA | 704116 |
| WELLS FARGO BANK | |||||
| 1248 O STREET | LINCOLN | NE | 68508 | BANKING | 622751 |
| BLUE CROSS BLUE SHIELD | |||||
| PO BOX 3801 | OMAHA | NE | 681030801 | HEALTH INSURANCE | 569153 |
| CORNERSTONE BANK | |||||
| 529 LINCOLN AVE | YORK | NE | 684670069 | BANKING | 295288 |
| AYARS & AYARS | |||||
| 2436 NORTH 48TH ST | LINCOLN | NE | 68504 | 140460 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 2256620 | FederatedCampaigns |
| Government Grants | 289274 | GovernmentGrants |
| Total Contributions | 2545894 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION & FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 3426126 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3426126 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3426126 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 424174 | TotalRevenueColumn |
| Exclusion | $424,174 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 23185 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 23185 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23185 | TotalRevenueColumn |
| Related Or Exempt Function Income | 23185 | RelatedOrExemptFunctionIncome |
| Exclusion | $23,185 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2562208 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2597904 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -35696 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -35696 | TotalRevenueColumn |
| Related Or Exempt Function Income | -35696 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 374411 | GrossSalesOfInventory |
| Cost Of Goods Sold | 259432 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 114979 | TotalRevenueColumn |
| Exclusion | $114,979 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISC STUDENT CHARGES | 611710 | 1805543 | 1805543 | 0 |
| MISCELLANEOUS REVENUE | 611710 | 247766 | 247766 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2053309 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8551971 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5466924 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $562,338 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 410757 | Total |
| Program Services | 318874 | ProgramServices |
| Management And General | 64710 | ManagementAndGeneral |
| Fundraising | 27173 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3164710 | Total |
| Program Services | 2456793 | ProgramServices |
| Management And General | 498563 | ManagementAndGeneral |
| Fundraising | 209354 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 429659 | Total |
| Program Services | 335525 | ProgramServices |
| Management And General | 60872 | ManagementAndGeneral |
| Fundraising | 33262 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205473 | Total |
| Program Services | 167719 | ProgramServices |
| Management And General | 21598 | ManagementAndGeneral |
| Fundraising | 16156 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14650 | Total |
| Program Services | 14650 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 439557 | Total |
| Program Services | 439557 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311133 | Total |
| Program Services | 260913 | ProgramServices |
| Management And General | 29035 | ManagementAndGeneral |
| Fundraising | 21185 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228260 | Total |
| Program Services | 226887 | ProgramServices |
| Management And General | 913 | ManagementAndGeneral |
| Fundraising | 460 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 875551 | Total |
| Program Services | 875551 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576525 | Total |
| Program Services | 576525 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACT SERVICES | 923009 | 878510 | 39073 | 5426 |
| SUPPLIES EXPENSE | 359139 | 339754 | 15744 | 3641 |
| PRINTING & PUBLICATIONS | 155956 | 131187 | 2832 | 21937 |
| INSURANCE | 118358 | 118358 | ||
| EQUIPMENT REPAIR & MAIN | 108146 | 108146 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 310705 | Total |
| Program Services | 249535 | ProgramServices |
| Management And General | 46343 | ManagementAndGeneral |
| Fundraising | 14827 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8631588 | Total |
| Program Services | 7498484 | ProgramServices |
| Management And General | 779683 | ManagementAndGeneral |
| Fundraising | 353421 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95431 | BOY |
| EOY | 44710 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255045 | BOY |
| EOY | 194649 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1787780 | BOY |
| EOY | 1448860 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 223057 | BOY |
| EOY | 585325 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1025533 | BOY |
| EOY | 1131087 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79023 | BOY |
| EOY | 72064 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126828 | BOY |
| EOY | 127133 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 24802028 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9526299 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16716147 | BOY |
| EOY | 15275729 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2557250 | BOY |
| EOY | 296375 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1963264 | BOY |
| EOY | 5245199 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 470977 | BOY |
| EOY | 441177 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25300335 | BOY |
| EOY | 24862308 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 569504 | BOY |
| EOY | 802535 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9547230 | BOY |
| EOY | 9330324 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6066720 | BOY |
| EOY | 5303890 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61911 | BOY |
| EOY | 118967 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16245365 | BOY |
| EOY | 15555716 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272958 | BOY |
| EOY | 84907 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1800900 | BOY |
| EOY | 1878153 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6981112 | BOY |
| EOY | 7343532 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9054970 | BOY |
| EOY | 9306592 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25300335 | BOY |
| EOY | 24862308 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $3,800 | GrantsOtherOrganizationsAmount |
| Total Lobbying Expenditures IIB | 3800 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7194095 | BeginningOfYearBalance |
| Contributions | 362420 | Contributions |
| End Of Year Balance | 7556515 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7136203 | BeginningOfYearBalance |
| Contributions | 238690 | Contributions |
| Investment Earnings Or Losses | -180798 | InvestmentEarningsOrLosses |
| End Of Year Balance | 7194095 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.97000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 887552 | OtherCostOrOtherBasis |
| Book Value | 887552 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19085321 | OtherCostOrOtherBasis |
| Depreciation | 5999390 | Depreciation |
| Book Value | 13085931 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4829155 | OtherCostOrOtherBasis |
| Depreciation | 3526909 | Depreciation |
| Book Value | 1302246 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15275729 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MUTUAL FUNDS | 968128 | F |
| CERTIFICATES OF DEPOSIT | 4170467 | F |
| ART & COINS | 11170 | F |
| OIL INTERESTS | 95434 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5245199 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT DEPOSITS | $55,149 |
| PREPAID TUITION | $63,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 118967 | TotalOfAmounts |
| Total Revenue | 8551971 | TotalRevenue |
| Total Expenses | 8631588 | TotalExpenses |
| Excess Or Deficit For Year | -79617 | ExcessOrDeficitForYear |
| Other | $331,239 | OtherAmount |
| Total Adjustments | 331239 | TotalAdjustments |
| Excess Or Deficit Per FS | 251622 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9142642 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 331239 | NetUnrealizedGainsInvestments |
| Other Revenues | 259432 | OtherRevenues |
| Revenue Not Rptd F990 | 590671 | RevenueNotRptdF990 |
| Revenue Subtotal | 8551971 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8551971 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8891020 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 259432 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 259432 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8631588 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8631588 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | Endowment funds received are for specific support of the institution and its students academics and related needs. |
| Part XI, Line 8 - Other Adjustments: | UNREALIZED GAINS/(LOSSES) ON INVESTMENTS. | |
| Part XII, Line 2d - Other Adjustments: | COST OF GOODS SOLD | |
| Part XIII, Line 2d - Other Adjustments: | COST OF GOODS SOLD |
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 | VARIOUS BROCHURES, CATALOGS & OTHER DISTRIBUTED MATERIALS | 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 | THE STUDENTS OF YORK COLLEGE APPLY FOR FEDERAL FINANCIAL ASSISTANCE AND GRANTS FOR EDUCATION. THESE FUNDS ARE THEN PAID TO YORK COLLEGE TO COVER TUITION AND OTHER ALLOWABLE EXPENSES. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| NEBRASKA EDUCATIONAL FINANCE AUTHORITY | ||||||
| 521293953 | 63966PKN3 | 2003-07-22 | 2210646 | PROCEEDS TO BE USED TO FINANCE COST OF COMPLETING TWO RESIDENCE HALL PROJECT | 1 | 0 |
| NEBRASKA EDUCATIONAL FINANCE AUTHORITY | ||||||
| 521293953 | 63966PMZ4 | 2004-12-16 | 9355438 | pROCEEDS TO BE USED TO FINANCE COST OF COMPLETING TWO RESIDENCE HALL PROJECT | 0 | 0 |
| NEBRASKA EDUCATIONAL FINANCE AUTHORITY | ||||||
| 521293953 | 2006-05-10 | 407944 | PROCEEDS TO BE USED TO FINANCE COST OF COMPLETING TWO RESIDENCE HALL PROJECT | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount DefeasedAmountDefeased | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion |
|---|---|---|---|---|---|---|---|---|---|
| 25857 | 90073 | 25857 | 1 | 0 | 1 | 1 | |||
| 8344654 | 856768 | 187109 | 0 | 0 | 0 | 0 | 800359 | 6635527 | 2006 |
| 408967 | 7944 | 0 | 0 | 1 | 1 | 401024 | 2006 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 1 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID LYNN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE | Relationship |
| Description Of Transaction | MR. LYNN OWNS NORTHERN LAWN SERVICE. THE COLLEGE PURCHASED A LAWN MOWER & HAD A CONTRACT FOR SPRINKLER SERVICE. NORTHERN LAWN SERVICE BILLED THE COLLEGE ITS STANDARD CHARGES. MR LYNN PAID FOR THESE SERVICES PERSONALLY AS A CONTRIBUTION TO THE COLLEGE. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | COPY OF RETURN IS PROVIDED TO EACH TRUSTEE FOR REVIEW via electronic transmission PRIOR TO THE RETURN BEING FILED. As requested by the board schedule b (list of donors) is not provided to all the trustees, but available for their review upon request. | |
| Form 990, Part VI, Section B, line 12c | Administration reviews all contracts and business relationships, if any, to determine if any conflicts exist. This is an on-going process. | |
| Form 990, Part VI, Section B, line 15 | ANNUALLY THE BOARD OF TRUSTEES REVIEW THE PERFORMANCE AND COMPENSATION FORMALLY OF THE COLLEGE'S CHANCELLOR/PRESIDENT. | |
| Form 990, Part VI, Section C, line 19 | The College maintains the organization's governing documents, conflict of interest policy and financial statements available at administrative office located on campus at York, Nebraska. | |
| THE COLLEGE HAS A FINANCE COMMITTEE CONSISTING OF BOARD OF TRUSTEE MEMBERS AND ADMINISTRATIVE STAFF, AS ASSIGNED BY THE BOARD OF TRUSTEES. THE COMMITTEE MEETS TWICE A YEAR. ITS DUTIES INCLUDE REVIEWING THE FINANCES, CONTRACTING WITH THE AUDITOR. REVIEWING THE AUDIT REPORT, DISCUSSING ANY RELATED MATTERS WITH THE AUDITOR REGARDING THE REPORT. FULL BOARD OF TRUSTEES IS GIVEN A COPY OF THE AUDITOR'S REPORT FOR REVIEW & DISCUSSION. | FINANCE / AUDIT COMMITTEE |