2024-05-13T19:11:06-05:00 2023-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-07-01 430652649 LINDENWOOD EDUCATION SYSTEM LIND 6369494900 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 JOHN KAUFHOLD CFO 6369494900 2024-05-09 1 JOHN KAUFHOLD 999009999 1 KIMBERLY A RYAN P00829977 3142903300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X LINDENWOOD UNIVERSITY JOHN R PORTER 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 141106668 0 X WWW.LINDENWOOD.EDU X 1832 MO REAL EXPERIENCE. REAL SUCCESS.ENHANCING LIVES THROUGH QUALITY EDUCATION AND PROFESSIONAL PREPARATORY EXPERIENCES. 14 14 1802 1587 0 0 32126022 4587640 119320355 125879219 5974363 4656454 1748840 2547994 159169580 137671307 37005189 37091146 0 0 63838065 66961647 0 0 1844547 68052835 68020833 168896089 172073626 -9726509 -34402319 425344699 440091909 14898189 52421322 410446510 387670587 X REAL EXPERIENCE. REAL SUCCESS.ENHANCING LIVES THROUGH QUALITY EDUCATION AND PROFESSIONAL PREPARATORY EXPERIENCES. SEE SCHEDULE O.VALUES:WE PUT OUR STUDENTS FIRST. WE HAVE AN UNWAVERING COMMITMENT TO PROVIDING THE HIGHEST QUALITY EDUCATION, SERVICE, AND EXPERIENCE BY CONNECTING WITH OUR STUDENTS AT EVERY INTERACTION IN THEIR EDUCATIONAL JOURNEY AND BEYOND.WE THRIVE TOGETHER. AS TEAM MEMBERS, WE FOSTER A COMMUNITY FOUNDED ON COLLABORATION, AUTHENTICITY, SUPPORT, AND UNDERSTANDING.WE DO WHAT IS RIGHT. WE WORK HARD AND HOLD OURSELVES ACCOUNTABLE FOR OUR DECISIONS, ACTIONS, AND WORDS.WE HAVE GRIT. WE RELENTLESSLY PURSUE INNOVATION, ADAPTABILITY, AND CONTINUOUS LEARNING, EVEN IN THE PRESENCE OF CHALLENGES. 1 0 143301104 37091146 126112160 SEE SCHEDULE OINSTRUCTIONAL AND LIBRARY - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING AN UNDERGRADUATE, GRADUATE, EDUCATION SPECIALIST, AND DOCTORAL DEGREES SERVING APPROXIMATELY 5,857 FULL-TIME EQUIVALENT STUDENTS AS OF THE FISCAL YEAR ENDED 6/30/2023. APPROXIMATELY 10,113 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS, LINDENWOOD HAS A STUDENT ACTIVITIES OFFICE THAT SERVES AS A COORDINATING CENTER ON CAMPUS AND WORKS WITH APPROXIMATELY 73 STUDENT CLUBS AND ORGANIZATIONS TO FACILITATE THEIR ACTIVITIES AND PROJECTS. THE ATHLETIC DEPARTMENT HAS 28 NCAA DIVISION I SPORTS FOR MEN AND WOMEN AND 14 OTHER NATIONALLY AFFILIATED SPORTS. AUXILIARY - STUDENT ROOM AND BOARD AND AS OF FISCAL YEAR 6/30/2023, APPROXIMATELY 2,304 STUDENTS WERE SERVED. 799376 1052140 SEE SCHEDULE ODORSEY SCHOOL OF BEAUTY IS COMMITTED TO PROVIDING QUALITY CAREER EDUCATION AND POSITIVE REINFORCEMENT TO ENABLE THE DEVELOPMENT OF SELF-ESTEEM, SELF-RELIANCE, PROFESSIONALISM AND CONFIDENCE IN ALL STUDENTS COUPLED WITH AN OBLIGATION TO SUPPORT THE DIVERSE COMMUNITIES IN WHICH THEY LIVE AND WORK. THE COLLEGE REMAINS A COMMITTED CAREER TRAINING SCHOOL THAT PREPARES INDIVIDUALS FOR PROMISING CAREER OPPORTUNITIES IN THE BEAUTY FIELDS.PROGRAM SERVICE ACCOMPLISHMENTS: INSTRUCTIONAL - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING CERTIFICATE AND ASSOCIATE DEGREES SERVING APPROXIMATELY 225 STUDENTS AS OF THE FISCAL YEAR ENDED 6/30/2023. APPROXIMATELY 556 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS. 144100480 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 1 1 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 1 12515 0 1802 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 KY MI NH NY OR SC MD X JOHN KAUFHOLD 6369494907 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 JOHN PORTER PRESIDENT 40.00 X 587694 0 30634 JOE SALLUSTIO SENIOR VP, STUDENT EXPERIENCE 40.00 X 258691 0 22744 MARK FALKOWSKI GENERAL COUNSEL 40.00 X 255241 0 26011 BETHANY ALDEN-RIVERS PROVOST/VP, ACADEMIC AFFAIRS 40.00 X 241996 0 25242 DIANE MOORE SENIOR VICE PRESIDENT, OPERATIONS 40.00 X 239721 0 17135 TJ RAINS VICE PRESIDENT, IT 40.00 X 230387 0 25561 DEB AYRES SENIOR VICE PRESIDENT, HR 40.00 X 242328 0 12117 ROB WESTERVELT VP, STRATEGY & INNOVATION 40.00 X 226246 0 25354 ORRIE COVERT VP, ADVANCEMENT AND COMMUNITY ENG. 40.00 X 222365 0 25160 EMILY PITTS CHIEF DIVERSITY OFFICER 40.00 X 221223 0 4770 RICK BANIAK VP, FISCAL AFFAIRS/CFO (THRU 12/22) 40.00 X 208393 0 10297 CYNTHIA SCHROEDER DEAN, COLLEGE OF SCIENCE, TECH & HEALTH 40.00 X 191932 0 14367 HOWARD WALL PROFESSOR, ECONOMICS 40.00 X 174714 0 21878 KATHI VOSEVICH DEAN, COLLEGE OF ARTS & HUMANITIES 40.00 X 180000 0 14670 JEANINE COTTER VP, BUSINESS DEVELOPMENT 40.00 X 185032 0 5670 JED STUGART HEAD COACH, FOOTBALL 40.00 X 158410 0 21963 BRAD WACHLER FORMER VP, ICA (THRU 3/22) 40.00 X 167869 0 12113 ANTHONY SCHEFFLER DEAN,COLLEGE OF EDU. & HUMAN SERVICES 40.00 X 161028 0 16572 JOHN KAUFHOLD CFO (AS OF 2/23) 40.00 X 0 0 0 DONALD TUTTLE CHAIRMAN 1.00 X 0 0 0 CHIP PETERSON VICE CHAIRMAN 1.00 X 0 0 0 CHERYL MATEJKA COMMITTEE CHAIR 1.00 X 0 0 0 JO ANNA POLLOCK COMMITTEE CHAIR 1.00 X 0 0 0 PATRICIA PENKOSKE COMMITTEE CHAIR 1.00 X 0 0 0 JUSTIN FOUST COMMITTEE CHAIR 1.00 X 0 0 0 HAL GENTRY COMMITTEE CHAIR 1.00 X 0 0 0 LASHANA BARNES BOARD MEMBER 1.00 X 0 0 0 CYNTHIA FRISINA BOARD MEMBER 1.00 X 0 0 0 JOHN W HAMMOND BOARD MEMBER (THRU 11/22) 1.00 X 0 0 0 DAVID MASON BOARD MEMBER 1.00 X 0 0 0 DOUG MUELLER BOARD MEMBER (THRU 5/23) 1.00 X 0 0 0 JERRY E SCHEIDEGGER BOARD MEMBER 1.00 X 0 0 0 GARY N SHAW BOARD MEMBER 1.00 X 0 0 0 LAURA TAYLOR BOARD MEMBER 1.00 X 0 0 0 JIMMY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 4153270 0 332258 103 1 1 0 PEDESTAL FOODS 2967 SIDCO DR NASHVILLE TN 37204 FOOD SERVICE 8450354 WILEY EDU LLC 1415 WEST 22ND ST OAK BROOK IL 60523 RECRUITMENT SERVICES 4817199 VOGEL SHEET METAL & HEATING INC 1642 MANUFACTURERS DR FENTON MO 63026 CONSTRUCTION 2788200 C HYAMS LLC DBA G S & S CONSTRUCTION 2914 S BRENTWOOD BLVD BRENTWOOD MO 63144 CONSTRUCTION 1773737 HES INTERNATIONAL HOLDINGS LLC 9202 S NORTHSHORE DR STE 102 KNOXVILLE TN 37922 CUSTODIAL SERVICES 1416216 72 129313 630056 3828271 315029 4587640 INSTRUCTION & AUXILIARY 611310 124827079 124827079 DORSEY SCHOOL OF BEAUTY 611310 1052140 1052140 125879219 5243355 5243355 1317740 0 1317740 1317740 1317740 2792048 1585 3380534 0 -588486 1585 -586901 -586901 0 129313 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5985670 14898189 52421322 X 386229917 361514785 24216593 26155802 410446510 387670587 425344699 440091909 X -34402319 11635931 -9535 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 747186 X X X 0 184148418 334449 14634486 10000000 431470 188685883 203849384 6644786 -19166106 6672182 507464 184148418 165343203 250616 44322026 5589538 476923 203849384 168288870 144057 3264321 5891766 462279 165343203 171451662 142497 6835351 9695770 444870 168288870 0.89610 0.08070 0.02320 1 0 13612207 27245914 40858121 4018918 281572608 139785252 145806274 10280100 7709825 2570275 47766448 36403037 11363411 2866671 2866671 203464752 DUE FROM RELATED PARTIES 21381170 RIGHT-TO-USE ASSETS 5345026 COLLECTIONS 747186 27473382 LEASE LIABILITY 5557446 DUE TO RELATED PARTY 234877 FUNDS HELD IN CUSTODY FOR OTHERS 154924 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 38423 5985670 111792905 11635931 16108 -37100681 -25448642 137241547 484587 -54827 429760 137671307 134568828 16108 54827 70935 134497893 484587 37091146 37575733 172073626 PART III, LINE 4: PURPOSE FOR LINDENWOOD UNIVERSITY'S COLLECTIONS THE UNIVERSITY'S HISTORICAL COLLECTIONS CONSISTS OF TWO CATEGORIES: ARTWORK AND HISTORIC PIECES. THE ARTWORK EXPOSES STUDENTS TO VARIOUS STYLES AND TECHNIQUES TAUGHT BY UNIVERSITY FACULTY. THE ART SPEAKS TO THE EDUCATIONAL TRADITIONS AND HELPS PROMOTE A SENSE OF COMMUNITY ON CAMPUS. THE HISTORIC PIECES ARE USED AS SUPPLEMENTAL TEACHING AIDS AND HELP GIVE THE STUDENTS A BETTER GRASP ON IMPORTANT ASPECTS OF WHAT IS BEING TAUGHT IN THE CLASSROOM. PART V, LINE 4: THE PERMANENT ENDOWMENT CONSISTS OF DONOR PRINCIPAL RESTRICTED GIFTS THAT THE ANNUAL INCOME MUST BE USED FOR GENERAL, SCHOLARSHIPS, AND BUILDING AND MAINTENANCE EXPENSES. THE QUASI ENDOWMENTS ARE FUNDS THAT THE UNIVERSITY HAS SET ASIDE TO PROTECT THE PRINCIPAL AND INCOME DISTRIBUTIONS OF THE PERMANENTLY RESTRICTED ENDOWMENT FUND. ANY REMAINING INCOME IS USED FOR FUNDING INSTITUTIONAL STUDENT AID. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST -9,535. SCHOLARSHIPS -37,091,146. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE -54,827. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 54,827. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 37,091,146. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL ADVERTISEMENTS (I.E. CATALOGS) INCLUDE STATEMENTS RECOMMENDED FOR IRS EXEMPT ORGANIZATIONS. LINDENWOOD REGULARLY PUBLICIZES ITS RACIAL NONDISCRIMINATION POLICY STATEMENT IN BROADCAST MEDIA, INCLUDING PERMANENTLY ON ITS WEBSITE, AND IN OTHER MATERIALS TO HELP ENSURE IT IS KNOWN TO THE GENERAL COMMUNITY IT SERVES. SCHEDULE E, PART I, LINE 6 GOVERNMENTAL AID HAS BEEN RECEIVED THIS YEAR AS FOLLOWS: STUDENT FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION, FEDERAL WORK-STUDY AND FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAMS. 0 CENTRAL AMERICA 0 2 PROGRAM SERVICES RECRUITMENT 14865 UNITED KINGDOM 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 47720 ITALY 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 8980 SOUTH KOREA 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 5980 AUSTRALIA 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 28340 SPAIN 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 11995 GERMANY 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 9540 IRELAND 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 12580 ISREAL 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 22080 NETHERLANDS 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 49140 URUGUAY 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 8890 0 2 0 0 0 2 140000 80110 220110 SCHOLARSHIPS VARIOUS 467 4929374 ELECTRONIC DISBURSEMENT 0 0 0 0 0 0 0 PART I, LINE 3: LINDENWOOD HAS CONTRACTED WITH TWO INDIVIDUALS TO BE PART-TIME INDEPENDENT CONTRACTORS TO HELP THE UNIVERSITY RECRUIT STUDENTS IN THE CENTRAL AMERICA REGION. TOTAL FEES AND ALLOTMENT FOR OFFICE EXPENSES FOR 2022-2023 FISCAL YEAR WERE: CONTRACTOR ONE: $14,865 PART III ACCOUNTING METHOD: FALL GALA 34960 34960 8278 34263 CARDINALS TICKET FUNDRAISER 29990 29990 5 64363 64363 550 7975 3761 129313 129313 550 16253 38024 54827 -54827 1 SCHOLARSHIPS 5007 32161772 PART III: ALL STUDENT AID AWARD LETTERS ARE PREPARED BY LINDENWOOD UNIVERSITY'S FINANCIAL AID OFFICE. EACH AWARD LETTER HAS A STATEMENT OF CONDITIONS AND IS SIGNED BY THE STUDENT. THE BUSINESS OFFICE POSTS ALL AID TO THE STUDENT'S ACCOUNT FOR ACADEMIC USAGE. BOTH THE BUSINESS OFFICE AND THE FINANCIAL AID OFFICE MONITOR THESE FUNDS. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 JOHN PORTER PRESIDENT 431375 0 156319 0 0 0 15250 0 15384 0 618328 0 0 0 JOE SALLUSTIO SENIOR VP, STUDENT EXPERIENCE 258691 0 0 0 0 0 11042 0 11702 0 281435 0 0 0 MARK FALKOWSKI GENERAL COUNSEL 220241 0 35000 0 0 0 11969 0 14042 0 281252 0 0 0 BETHANY ALDEN-RIVERS PROVOST/VP, ACADEMIC AFFAIRS 235996 0 6000 0 0 0 12100 0 13142 0 267238 0 0 0 DIANE MOORE SENIOR VICE PRESIDENT, OPERATIONS 233721 0 6000 0 0 0 11465 0 5670 0 256856 0 0 0 TJ RAINS VICE PRESIDENT, IT 225387 0 5000 0 0 0 11519 0 14042 0 255948 0 0 0 DEB AYRES SENIOR VICE PRESIDENT, HR 236328 0 6000 0 0 0 12117 0 0 0 254445 0 0 0 ROB WESTERVELT VP, STRATEGY & INNOVATION 221246 0 5000 0 0 0 11312 0 14042 0 251600 0 0 0 ORRIE COVERT VP, ADVANCEMENT AND COMMUNITY ENG. 217365 0 5000 0 0 0 11118 0 14042 0 247525 0 0 0 EMILY PITTS CHIEF DIVERSITY OFFICER 216223 0 5000 0 0 0 0 0 4770 0 225993 0 0 0 RICK BANIAK VP, FISCAL AFFAIRS/CFO (THRU 12/22) 202393 0 6000 0 0 0 10297 0 0 0 218690 0 0 0 CYNTHIA SCHROEDER DEAN, COLLEGE OF SCIENCE, TECH & HEA 191932 0 0 0 0 0 9597 0 4770 0 206299 0 0 0 HOWARD WALL PROFESSOR, ECONOMICS 174714 0 0 0 0 0 8736 0 13142 0 196592 0 0 0 KATHI VOSEVICH DEAN, COLLEGE OF ARTS & HUMANITIES 180000 0 0 0 0 0 9000 0 5670 0 194670 0 0 0 JEANINE COTTER VP, BUSINESS DEVELOPMENT 180032 0 5000 0 0 0 0 0 5670 0 190702 0 0 0 JED STUGART HEAD COACH, FOOTBALL 158410 0 0 0 0 0 7921 0 14042 0 180373 0 0 0 BRAD WACHLER FORMER VP, ICA (THRU 3/22) 59734 0 0 0 108135 0 2155 0 9958 0 179982 0 0 0 ANTHONY SCHEFFLER DEAN,COLLEGE OF EDU. & HUMAN SERVICE 161028 0 0 0 0 0 8051 0 8521 0 177600 0 0 0 PART I, LINE 4A BRAD WACHLER $108,135 JERRY E SCHEIDEGGER DIRECTOR PLEDGE RECEIVABLE X 2000000 2000000 0 1 1 JOHN W HAMMOND DIRECTOR PLEDGE RECEIVABLE X 1000000 1000000 0 1 1 3000000 X 1 104034 FMV X MACHINE / EQUIPMENT 53 185991 FMV X TRAVEL COSTS 12 15006 FMV X MISCELLANEOUS 9 9998 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS CALCULATED AS NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 2 DORSEY SCHOOL OF BEAUTY IS COMMITTED TO PROVIDING QUALITY CAREER EDUCATION AND POSITIVE REINFORCEMENT TO ENABLE THE DEVELOPMENT OF SELF-ESTEEM, SELF-RELIANCE, PROFESSIONALISM AND CONFIDENCE IN ALL STUDENTS COUPLED WITH AN OBLIGATION TO SUPPORT THE DIVERSE COMMUNITIES IN WHICH THEY LIVE AND WORK. THE COLLEGE REMAINS A COMMITTED CAREER TRAINING SCHOOL THAT PREPARES INDIVIDUALS FOR PROMISING CAREER OPPORTUNITIES IN THE BEAUTY FIELDS. PROGRAM SERVICE ACCOMPLISHMENTS: INSTRUCTIONAL - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING CERTIFICATE AND ASSOCIATE DEGREES SERVING APPROXIMATELY 225 STUDENTS AS OF THE FISCAL YEAR ENDED 6/30/2023. APPROXIMATELY 556 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS. FORM 990, PART VI, SECTION A, LINE 4 ARTICLES OF AMENDMENT FOR A NONPROFIT CORPORATION WERE FILED TO UPDATE THE ARITCLES OF INCORPORATION NAME OF THE ORGANIZATION TO LINDENWOOD EDUCATION SYSTEM. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION NEEDED TO COMPLETE THE FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND THE RETURN IS PREPARED AND SIGNED BY RUBINBROWN LLP. THE COMPLETED 990, INCLUDING REQUIRED SCHEDULES IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO A TRUSTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A TRUSTEE HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS FIXED BY A FIVE YEAR WRITTEN CONTRACT CONTAINING A FIXED RATE OF PAY OVER THE FIVE YEAR TERM. ANY CHANGES IN THE SALARY AMOUNT IS HANDLED VIA AN AMENDMENT TO THE CONTRACT, WHICH WOULD HAVE TO BE APPROVED BY THE BOARD OF TRUSTEES. THE AMOUNT OF COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. THIS BOARD OF TRUSTEES CONSISTED OF BOARD MEMBERS WITH VARIOUS PROFESSIONAL, LEGAL, AND BUSINESS BACKGROUNDS. THE BOARD OF TRUSTEES DETERMINES THE SALARY PARAMETERS BASED ON AN EXTENSIVE REVIEW OF SALARIES AND COMPENSATION PAID PRESIDENTS OF OTHER SIMILARLY SIZED UNIVERSITIES, INCLUDING DATA FROM THE CARNEGIE CLASSIFICATIONS PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION. NEGOTIATIONS BETWEEN THE BOARD AND THE PRESIDENT LEAD TO A DRAFT CONTRACT THAT IS SUBMITTED TO THE LINDENWOOD UNIVERSITY BOARD OF TRUSTEES EXECUTIVE COMMITTEE FOR REVIEW, COMMENT, AND OVERSIGHT INSTRUCTION. CHANGES, MODIFICATIONS, AND RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE LEAD TO FURTHER NEGOTIATIONS WITH THE PRESIDENT IN ORDER TO IMPLEMENT THEIR RECOMMENDATIONS. THE FINAL CONTRACT DRAFT IS THEN SUBMITTED TO THE FULL LINDENWOOD UNIVERSITY BOARD OF TRUSTEES FOR APPROVAL. THE LINDENWOOD UNIVERSITY PRESIDENT REVIEWS BENCHMARK COMPENSATION DATA RELATIVE TO INTERNAL AND EXTERNAL PEERS. THOSE FINDINGS, COUPLED WITH AN EVALUATION OF OVERALL WORK PERFORMANCE ARE USED TO DETERMINE ANNUAL SALARIES OF KEY EMPLOYEES WITHIN THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC AT THIS TIME. THE UNIVERSITY WILL PROVIDE A COPY OF THE IRS FORM 990 UPON WRITTEN REQUEST TO THE UNIVERSITY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -9,535. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE FROM PRIOR YEAR. LINDENWOOD HOLDINGS LLC 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 922834576 EDUCATIONAL INSTITUTION DE 1052140 4460173 LINDENWOOD EDUCATION SYSTEM LINDENWOOD UNIVERSITY LLC 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 EDUCATIONAL INSTITUTION MO 110740765 438431737 LINDENWOOD EDUCATION SYSTEM DORSEY COLLEGE HOLDINGS 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 922890279 EDUCATIONAL INSTITUTIONS MI 501(C)(3) LINE 2 LINDENWOOD UNIVERSITY 1 LINDENGAGE CORP 209 SOUTH KINGSHIGHWAY ST CHARLES MO 633011693 INFORMATION TECHNOLOGY SERVICES DE LINDENWOOD UNIVERSITY C 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LINDENWOOD HOLDINGS LLC C 2800000 FMV