2024-04-25T08:10:51-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4334 MUNSON STREET SUITE 200 CANTON OH 44718 990 2022-07-01 314379515 MUSKINGUM UNIVERSITY MUSK 7408268211 260 STADIUM DR NEW CONCORD OH 43762 JOHN BECKVOLD INTERIM VP FOR FINANCE & OPERATIONS 7408268885 2024-04-24 1 JOHN BECKVOLD 999009999 0 JENNIFER COLEMAN P00743188 3304972000 2024-04-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN BECKVOLD 260 STADIUM DR NEW CONCORD OH 43762 72105555 0 X WWW.MUSKINGUM.EDU X 1837 OH OFFER QUALITY ACADEMIC PROGRAMS IN THE LIBERAL ARTS AND SCIENCES OF A (CONTINUED ON SCH O) RESIDENTIAL, CHURCH-RELATED UNIVERSITY WHERE INDIVIDUAL FULFILMENT IS ENCOURAGED. 23 21 1066 500 232266 0 11233545 7300647 54002226 53798410 3111174 3197159 796654 1606211 69143599 65902427 24763900 23442209 0 0 22556678 24859398 0 0 939104 18258484 20554509 65579062 68856116 3564537 -2953689 203474900 211323367 31606375 39611128 171868525 171712239 X THE MISSION OF MUSKINGUM UNIVERSITY IS TO OFFER QUALITY ACADEMIC PROGRAMS IN THE LIBERAL ARTS AND SCIENCES IN THE SETTING OF A RESIDENTIAL, COEDUCATIONAL, CHURCH-RELATED UNIVERSITY AND IN THE CONTEXT OF A CARING COMMUNITY WHERE INDIVIDUAL (CONTINUED ON SCH O) FULFILLMENT IS ENCOURAGED AND HUMAN DIGNITY IS RESPECTED. ITS PRIMARY PURPOSE IS TO DEVELOP-INTELLECTUALLY, SPIRITUALLY, SOCIALLY AND PHYSICALLY- WHOLE PERSONS, BY FOSTERING CRITICAL THINKING, POSITIVE ACTION, ETHICAL SENSITIVITY AND SPIRITUAL GROWTH, SO THAT THEY MAY LEAD VOCATIONALLY PRODUCTIVE, PERSONALLY SATISFYING AND SOCIALLY RESPONSIBLE LIVES. 0 0 55946622 23362209 48162333 THE TRADITIONAL UNDERGRADUATE PROGRAM CONSISTS OF STUDENTS ATTENDING SCHOOL AS THEIR PRIMARY ACTIVITY, MOSTLY FULL-TIME DURING THE DAY-TIME HOURS. PROGRAMS INCLUDE 66 ACADEMIC MAJORS, 10 PRE-PROFESSIONAL PROGRAMS, INCLUDING PRE-MEDICINE AND PRE-LAW; TEACHER LICENSURE IN 21 AREAS; THERE ARE MORE THAN 20 INTERNATIONAL EXCHANGE STUDY PROGRAMS IN 9 COUNTRIES. ALSO AVAILABLE IS THE PROFESSIONALLY-STAFFED PLUS PROGRAM FOR STUDENTS WITH LEARNING DIFFERENCES. DURING THE FISCAL YEAR ENDING IN JUNE 30, 2023, THERE WERE 1,632 STUDENTS ENROLLED IN THE UNDERGRADUATE PROGRAM. 3408343 80000 7090292 THE GRADUATE AND CONTINUING STUDIES PROGRAM CONSISTS OF PROGRAMS DESIGNED FOR THOSE SEEKING POST-GRADUATE OR THOSE WHO HAVE SPENT MORE THAN TWO YEARS SINCE COMPLETING ANY SECONDARY OR POST-SECONDARY WORK. MANY BALANCE THEIR STUDY WITH WORK AND FAMILY RESPONSIBILITIES. PROGRAMS OFFERED INCLUDE MASTER OF ARTS IN EDUCATION, WITH SPECIALIZATIONS; MASTER OF ARTS IN TEACHING, WITH SPECIALIZATIONS; MASTER OF INFORMATION STRATEGY, SYSTEMS AND TECHNOLOGY; MASTER OF OCCUPATIONAL THERAPY; MASTER OF APPLIED LEADERSHIP; DOCTORATE OF APPLIED LEADERSHIP; ADULT DEGREE COMPLETION (MUSKINGUM ADULT PROGRAM) OFFERING CERTIFICATE PROGRAMS AS WELL AS BACHELOR OF ARTS, BACHELOR OF SCIENCE AND BACHELOR OF SCIENCE IN NURSING DEGREES; BSN PROGRAM FOR AREA RN'S; AND EDUCATION SPECIALIST DEGREE. DURING THE FISCAL YEAR ENDING JUNE 30, 2023, 1,286 STUDENTS WERE ENROLLED IN THE GRADUATE AND CONTINUING STUDIES PROGRAM. 59354965 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 2925 0 1 1066 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X JOHN BECKVOLD 7408268211 260 STADIUM DR NEW CONCORD OH 43762 DINAH MEYER TRUSTEE AND PROFESSOR OF PSYCHOLOGY 40.00 X 88398 0 5961 DR JUDSON E BLAINE TRUSTEE 1.00 X 0 0 0 MR D CRAIG NORDLUND TRUSTEE 1.00 X 0 0 0 MR D THOMPSON MCCALMONT TRUSTEE 1.00 X 0 0 0 MR DANIEL H PLUMLY TRUSTEE 1.00 X 0 0 0 MR DARRELL I HAZELL TRUSTEE 1.00 X 0 0 0 MR DAVID KRATOVILLE TRUSTEE 1.00 X 0 0 0 MR HAROLD W BURLINGAME TRUSTEE 1.00 X 0 0 0 MR J STARK THOMPSON TRUSTEE 1.00 X 0 0 0 MR JAMES R GRAY TRUSTEE 1.00 X 0 0 0 MR JOHN W GARDNER TRUSTEE 1.00 X 0 0 0 MR R GREGORY ADAMS TRUSTEE 1.00 X 0 0 0 MR ROBERT J REVELEY TRUSTEE 1.00 X 0 0 0 MR ROBERT W PATIN TRUSTEE 1.00 X 0 0 0 MR WALTER R YOUNG JR TRUSTEE 1.00 X 0 0 0 MS BEVERLY J COEN TRUSTEE 1.00 X 0 0 0 MS CHERYL CARPENTER TRUSTEE 1.00 X 0 0 0 MS JACQUELINE DUDEK WOODS TRUSTEE 1.00 X 0 0 0 MS NIKHIL DEOGUN TRUSTEE 1.00 X 0 0 0 MS PATRICIA WRIGHT FRIDLEY TRUSTEE 1.00 X 0 0 0 MS RUTH WASEM TRUSTEE 1.00 X 0 0 0 SUSAN S HASSELER PRESIDENT 40.00 X X 318233 0 87382 DAVID CEPEK ALUMNI COUNCIL PRESIDENT 1.00 X 0 0 0 JAMES A PURDY TRUSTEE 1.00 X 0 0 0 HOLLY M WALTERS TRUSTEE 1.00 X 0 0 0 GRACIE ANDREWS STUDENT SENATE PRESIDENT 1.00 X 1698 0 0 JAMES W SCHMOTTER TRUSTEE 1.00 X 0 0 0 MARK SANFORD VP OF GRADUATE & CONTINUING STUDIES - FORMER 40.00 X 177466 0 19408 NANCY EVANGELISTA PROVOST 40.00 X 181207 0 12695 PAUL MCCLELLAND VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 151328 0 52515 PHILIP E LAUBE VP OF FINANCE & OPERATIONS - FORMER 40.00 X 190690 0 24279 MARCY RITZERT VICE PRESIDENT FOR ENROLLMENT 40.00 X 117671 0 20665 SHELLEY AMSTUTZ-SZALAY VP FOR THE STUDENT EXPERIENCE 40.00 X 101007 0 7012 BONNIE CALLAHAN VP OF GRADUATE & CONTINUING STUDIES 40.00 X 90102 0 14200 CE ASHLEY VP FOR FINANCE, OPERATIONS & STRATEGY 40.00 X 36227 0 6500 KARI WINTERS DIRECTOR OF ATHLETICS 40.00 X 107128 0 20557 MICHELLE SHAVER EXECUTIVE DIRECTOR OF STRATEGIC MARKETING 40.00 X 93712 0 14662 CYNTHIA WILKINS DIRECTOR OF NURSING 40.00 X 163004 0 11251 KEVIN WAGNER SR. DIRECTOR OF FACILITIES & PHYSICAL PLANT 40.00 X 138475 0 30895 PAUL SZALAY PROFESSOR OF CHEMISTRY 40.00 X 109956 0 62849 D TIFFANY CIPOLLONE SENIOR DIRECTOR OF PHILANTHROPY 40.00 X 123980 0 44870 MARY ARNOLD LECTURER IN OCCUPATIONAL THERAPY 40.00 X 122631 0 12744 2312913 0 448445 18 0 1 0 LINCOLN CONSTRUCTION 4790 SHUSTER RD COLUMBUS OH 43214 CONSTRUCTION 18555797 ALL WEATHER SYSTEMS INC 8291 CANYON RD HEBRON OH 43025 CONSTRUCTION 625045 LEPI ENTERPRISES INC PO BOX 457 ZANESVILLE OH 43701 CONSTRUCTION 603492 ELLUCIAN LP 62578 COLLECTIONS CENTER DR CHICAGO IL 60693 SOFTWARE SERVICES 422361 BSHM ARCHITECTS INC 15 CENTRAL SQUARE SUITE 300 YOUNGSTOWN OH 44503 ARCHITECTUAL 394265 10 7961 1298490 5994196 2231037 7300647 TUITION & FEES 611310 43899405 43899405 DORMITORIES 611310 4783924 4783924 FOOD SERVICE 611310 4480382 4480382 MISCELLANEOUS 611310 609746 609746 COMMISSION 720000 23513 23513 1440 1440 53798410 1670902 208753 1462149 80730 0 80730 80730 80730 7710829 6184572 1526257 1526257 1526257 45114 7961 14218 30896 30896 21195 4338 16857 16857 STUDENT ACCOUNTS 611310 482212 482212 STUDENT TRIP DEPOSITS 611310 328806 328806 ATHLETICS/ALUMNI 611310 61144 61144 605566 605566 1477728 65902427 55252625 232266 3116889 23442209 23442209 3004263 1072542 1531629 400092 16317379 14390284 1707356 219739 897413 801973 80518 14922 3254698 1789777 1419218 45703 1385645 1126471 222010 37164 74947 74947 123220 123220 30801 30801 1365051 676432 631573 57046 73148 41673 31475 1792389 1471612 280839 39938 641911 502809 139102 3194847 2694742 500105 934241 783658 60492 90091 22835 20201 2427 207 670926 533791 137135 4590310 4590310 581188 5304 575884 FOOD SERVICE 3434402 3394476 38197 1729 BAD DEBT 729285 438536 290749 DUES & SUBSCRIPTIONS 370107 231303 124834 13970 BANK FEES 127062 0 126197 865 1797839 1346862 433339 17638 68856116 59354965 8562047 939104 7859726 2045183 3327498 2123094 4567015 4393678 3855564 3676293 494168 744737 171043523 70509420 88135320 100534103 55979169 56855316 34948115 36739234 972048 972048 3336277 3239681 203474900 211323367 6755895 6157452 492322 214395 20030767 29508623 4327391 3730658 31606375 39611128 X 78959344 93245163 92909181 78467076 171868525 171712239 203474900 211323367 -2953689 2797403 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30410 391 30801 68825315 68856116 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 21832 33103 29815 30801 115551 250000 250000 250000 250000 1000000 1500000 0 SCH C, PART II-A, LINE 1A THE UNIVERSITY IS A MEMBER OF AICUO (ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF OHIO) AND NAICU ( NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES). INCLUDED IN THE ACTIVITIES OF AICUO AND NAICU ARE THE REPRESENTATION OF ITS MEMBERS' INTEREST DURING THE LEGISLATIVE AND BUDGET PROCESS, ALONG WITH PUBLIC RELATIONS AND OTHER MEMBER SERVICES AS WELL AS APPROXIMATELY $391 IN LOBBYING EXPENDITURES (7% OF THE NAICU MEMBERSHIP). EXPENDITURES IN LINE 1C REPRESENT THE ENTIRE DUES PAID TO AICUO & NAICU. X 2 140.00 1 1 1 1326.00 844060 X X 0 90077835 1640961 5769923 1499376 2020644 180707 93787992 94088209 1479114 -2031627 1412767 1874569 170525 90077835 76970534 3159859 17905900 1371900 1739729 836455 94088209 79460895 375054 465421 1358035 1972801 76970534 77032382 1004700 4504426 1341734 1738879 79460895 0.27290 0.72710 1 0 1721564 1721564 138019704 49417633 88602071 15988508 13236514 2751994 15313747 7855273 7458474 100534103 HEDGE FUND-FUND OF FUNDS 7296200 F PRIVATE EQUITY FUNDS 29443034 F 36739234 STUDENT DEPOSITS PAYABLE 3074065 ANNUITIES PAYABLE 656593 3730658 X 44895215 2797403 -23823171 -21025768 65920983 -18556 -18556 65902427 45051501 18556 18556 45032945 23823171 23823171 68856116 PART II, LINE 5: THE CONSERVATION EASEMENTS IS A NATIONAL HISTORIC DISTRICT THAT INCLUDES MOST OF THE CAMPUS AND MUSKINGUM HAS ONE BUILDING (PAUL HALL) LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. MAINTENANCE AND REPAIRS FOR THESE BUILDINGS ARE REPORTED IN CAPITAL AND MAINTENANCE EXPENSE. PART II, LINE 9: MAINTENANCE AND REPAIRS FOR THESE BUILDINGS ARE REPORTED IN CAPITAL AND MAINTENANCE EXPENSE. PART III, LINE 1A: NO SFAS 116 DISCLOSURE OF ART IS INCLUDED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. PART III, LINE 4: COLLECTIONS OF ART, HISTORICAL TREASURERS OR OTHER SIMILAR ASSET. COLLECTIONS OF ART CONSIST OF STUDENT AND OTHER ART WORKS MAINTAINED FOR USE AND VIEWING BY FUTURE GENERATIONS. PART V, LINE 4: THE UNIVERSITY USES A TOTAL RETURN INVESTMENT MANAGEMENT POLICY TO DETERMINE THE ENDOWMENT SPENDING. THE UNIVERSITY HAS A POLICY WHICH UTILIZES AN AMOUNT OF 4.2% OF THE PRIOR FIVE-YEAR QUARTERLY AVERAGE MARKET VALUE OF THE ENDOWMENT FUND. THE ACTUAL SPENDING RATE FOR FISCAL 2023 WAS 3.8%. THIS TOTAL RETURN CONCEPT ALLOWS A PORTION OF ACCUMULATED UNREALIZED AND REALIZED CAPITAL GAINS TO BE USED FOR CURRENT OPERATIONS. PART X, LINE 2: THE UNIVERSITY HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"), AS AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 170(B)(I)(A)(II) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2023 AND 2022. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT DISCOUNTS -23,442,209. CHANGE IN ANNUITY OBLIGATION -368,855. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION -12,107. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -14,218. INVENTORY COST OF GOODS SOLD -4,338. OTHER INCOME NET AGAINST EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 14,218. INVENTORY COST OF GOODS SOLD 4,338. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT DISCOUNTS 23,442,209. CHANGE IN ANNUITY OBLIGATION 368,855. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION 12,107. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NONDISCRIMINATION STATEMENT IS PUBLICIZED IN THE MUSKINGUM UNIVERSITY BULLETIN, FINANCIAL AID BROCHURES AND CERTAIN FORMS DISTRIBUTED TO STUDENTS DURING THE REGISTRATION PERIOD AS WELL AS LISTED ON THE MUSKINGUM UNIVERSITY WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE UNIVERSITY WORK-STUDY PROGRAM, PELL GRANT PROGRAM AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 18601843 0 0 0 0 0 0 18601843 0 18601843 1 0 0 0 1 0 PART III ACCOUNTING METHOD: BOOSTER 53075 7961 45114 1000 10837 218 2163 53075 7961 45114 1000 10837 218 2163 14218 30896 1 SCHOLARSHIPS 1313 23442209 PART I, LINE 2: GRANT FUNDS ARE MONITORED IN TWO AREAS, DEPENDING ON THE USE. GRANT FUNDS FOR FINANCIAL AID ARE MONITORED BY THE STUDENT FINANCIAL SERVICES OFFICE, WHICH OVERSEES THE AWARDING AND COMPLIANCE FOR ALL FINANCIAL AID TO UNIVERSITY STUDENTS. GRANTS FOR RESEARCH AND FACULTY DEVELOPMENT ARE MONITORED BY THE PROVOST. ALL GRANTS ARE MONITORED FOR COMPLIANCE AND PROPER REPORTING BY THE BUSINESS OFFICE OF THE UNIVERSITY, OVERSEEN BY THE VICE PRESIDENT FOR FINANCE AND OPERATIONS. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 SUSAN S HASSELER PRESIDENT 316349 0 0 0 1884 0 40850 0 46532 0 405615 0 0 0 PHILIP E LAUBE VP OF FINANCE & OPERATIONS - FORMER 189104 0 0 0 1586 0 11979 0 12300 0 214969 0 0 0 PAUL MCCLELLAND VP OF INSTITUTIONAL ADVANCEMENT 151148 0 0 0 180 0 11443 0 41072 0 203843 0 0 0 MARK SANFORD VP OF GRADUATE & CONTINUING STUDIES 175942 0 0 0 1524 0 12528 0 6880 0 196874 0 0 0 NANCY EVANGELISTA PROVOST 179683 0 0 0 1524 0 12695 0 0 0 193902 0 0 0 CYNTHIA WILKINS DIRECTOR OF NURSING 161483 0 0 0 1521 0 11251 0 0 0 174255 0 0 0 PAUL SZALAY PROFESSOR OF CHEMISTRY 109870 0 0 0 86 0 6221 0 56628 0 172805 0 0 0 KEVIN WAGNER SR. DIRECTOR OF FACILITIES & PHYSICA 138221 0 0 0 254 0 10417 0 20478 0 169370 0 0 0 D TIFFANY CIPOLLONE SENIOR DIRECTOR OF PHILANTHROPY 123845 0 0 0 135 0 8765 0 36105 0 168850 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE - AN ALLOWANCE FOR HOUSING IS INCLUDED IN SCHEDULE J, PART II, COLUMN D FOR THE PRESIDENT, WHO, FOR THE CONVENIENCE OF THE EMPLOYER, IS REQUIRED TO RESIDE ON OR NEAR CAMPUS AS A CONDITION OF HER EMPLOYMENT. TRAVEL FOR COMPANIONS - THE UNIVERSITY REIMBURSES REASONABLE AND NECESSARY BUSINESS TRAVEL EXPENSES FOR THE SPOUSE OF THE PRESIDENT WHEN ACCOMPANYING THE PRESIDENT ON OFFICIAL REQUIRED UNIVERSITY BUSINESS. TUITION REMISSION IS GENERALLY AVAILABLE TO ALL FULL-TIME EMPLOYEES OF THE INSTITUTION. THE VALUE OF THIS BENEFIT IS INCLUDED IN SCHEDULE J, PART I, LINE 1A AND PART II, COLUMN D. HEALTH OR SOCIAL CLUB DUES - THE UNIVERSITY PROVIDES MEMBERSHIP TO A CLUB TO CERTAIN OFFICERS. THE OFFICERS PROVIDE CONTEMPORANEOUS DOCUMENTATION OF THEIR BUSINESS USE. PART I, LINE 4B SUSAN HASSELER, PRESIDENT OF MUSKINGUM UNIVERSITY, IS COVERED BY A SECTION 457(F) DEFERRED COMPENSATION PLAN. 23000 TUITION REMISSION TUITION REMISSION SCHEDULE L, PART III TUITION REMISSION IS GENERALLY AVAILABLE TO ALL FULL-TIME EMPLOYEES OF THE INSTITUTION AND THEIR DEPENDENTS. X 1 47425 FMV X 666 FMV X 24 2182946 FMV 0 1 1 PART I, LINE 32B: THE UNIVERSITY USES A THIRD PARTY BROKER TO IMMEDIATELY SELL ANY SECURITIES RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT TAX PREPARATION FIRM IS ENGAGED TO ASSIST IN REVIEWING THE FORM 990 PREPARED BY THE UNIVERSITY BUSINESS OFFICE. UNIVERSITY MANAGEMENT REVIEWS THE FORM 990 FOR COMPLETENESS AND ACCURACY. PRIOR TO FILING, MANAGEMENT PRESENTS THE FORM 990 TO THE OFFICERS, AUDIT COMMITTEE AND CHAIRMAN OF THE UNIVERSITY CAPACITY COMMITTEE OF THE BOARD OF TRUSTEES. AFTER APPROVAL BY THE AUDIT COMMITTEE THE RETURN IS REVIEWED BY THE FULL BOARD. FORM 990 IS REVIEWED AND SIGNED BY THE VICE PRESIDENT FOR FINANCE AND OPERATIONS. FORM 990, PART VI, SECTION B, LINE 12C UNDER THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO FILE ANNUAL STATEMENTS OF DISCLOSURE. THE PRESIDENT OF THE UNIVERSITY AND CHAIR OF THE BOARD REVIEW THOSE STATEMENTS FOR PROTENTIONAL CONFLICTS. ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST MUST BE DISCLOSED TO THE OFFICERS OF THE BOARD OF TRUSTEES AND EITHER THE CHAIR OF THE BOARD'S UNIVERSITY CAPACITY COMMITTEE OR ANOTHER DESIGNEE OF THE BOARD'S CHAIR. AFTER DISCLOSURE AND DISCUSSION WITH THE BOARD OF OFFICERS, THE BOARD OFFICER'S DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. THE INTERESTED PERSON IS NOT PRESENT FOR THESE DETERMINATIONS. THE BOARD OFFICERS SHALL THEN DETERMINE IF FURTHER ACTION REGARDING THE TRANSACTION OR ARRANGEMENT IS NECESSARY, INCLUDING THE POTENTIAL SOLICITATION OF ALTERNATIVE TRANSACTIONS OR ARRANGEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE RECEIVES A REPORT FROM THE CHAIRMAN ON THE PRESIDENT'S COMPENSATION IN RELATION TO THE PRESIDENT'S LONG-TERM CONTRACT, INCLUDING THE OPINION THAT THE PRESIDENT'S COMPENSATION AND THAT OF OTHER OFFICERS IS CONSISTENT WITH COMPENSATION DATA REPORTED BY PEER COLLEGES AND UNIVERSITY. THE COMPENSATION OF ALL OFFICERS OF THE UNIVERSITY IS REVIEWED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY DATA IS GATHERED FROM PEER INSTITUTIONS TO BENCHMARK ALL OFFICER COMPENSATION ON AN ANNUAL BASIS. COMPENSATION IS SET WITHIN THE CONSTRAINTS OF THE BOARD OF TRUSTEE'S APPROVED OPERATING BUDGET AND SALARY POOL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 18 FORM 990, "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX," INCLUDING ALL SCHEDULES, ATTACHMENTS AND SUPPORTING DOCUMENTATION, BUT EXCLUDING THE NAMES AND ADDRESSES OF CONTRIBUTORS SET FORTH ON SCHEDULE B SHALL BE PROVIDED IMMEDIATELY IN THE CASE OF IN-PERSON REQUESTS, AND WITHIN THIRTY (30) DAYS IN THE CASE OF WRITTEN REQUESTS VIA MAIL, E-MAIL, OR FACSIMILE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S DETERMINATION LETTER, ARTICLES OF INCORPORATION, CODE OF REGULATIONS, CONFLICT OF INTEREST POLICTY, AND FINANCIAL STATEMENTS ARE AVAILABLE VIA THE UNIVERSTY WEB PAGE OF THE BUSINESS OFFICE. MU QUAD CENTER LLC PO BOX 1837 NEW CONCORD OH 43762 871355873 OH EXCLUDED -1347 20873 0 1 0.01000 MU STUDENT HOUSING LLC PO BOX 1837 NEW CONCORD OH 43762 882222121 OH EXCLUDED -79105 5184166 0 1 0.89000 MU STUDENT HOUSING MASTER TENANT 260 STADIUM DR NEW CONCORD OH 43762 931955287 OH SPE PNC MU STUDENT HOUSING MASTER TENANT LLC EXCLUDED 0 1 0.01000 MU QUAD CENTER MANAGER LLC PO BOX 1837 NEW CONCORD OH 43762 873975589 OH C -1 9 1.00000 1 MU STUDENT HOUSING MANAGER 260 STADIUM DR NEW CONCORD OH 43762 931932026 OH C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0