2024-05-15T13:36:50+00:00 2023-06-30 350921680 CROWE LLP 155 West Nationwide Blvd Suite 500 Columbus OH 432152570 990 2022-07-01 314379532 Otterbein University OTTE 6148231354 1 South Grove Street Westerville OH 43081 HOLLY PANGRACE CONTROLLER 6148231040 2024-05-15 true John Comerford 999009999 true KIM SCIFRES P01316095 6144690001 2022 2023-04-26 12:10:37Z John Comerford 1 South Grove Street Westerville OH 43081 121979110 false X www.otterbein.edu X 1847 OH Otterbein University is a private, church-related, coeducational university that sponsors traditional and continuing education programs of liberal arts and professional education. 25 20 1517 193 189741 0 10246530 6947212 87490075 87569286 9649863 5050633 1209361 6894140 108595829 106461271 38345451 38582914 0 38219765 38683242 0 1400454 29618701 28330720 106183917 105596876 2411912 864395 254796464 248932642 53351649 47796693 201444815 201135949 X Otterbein University is an inclusive community dedicated to educating the whole person in the context of humane values. Our mission is to prepare graduates to think deeply and broadly, to engage locally and globally, and to advance their professions and communities. (continued on Schedule O true false 86849386 38582914 93487876 OTTERBEIN UNIVERSITY'S COMMITMENT IS TO THE LIBERAL ARTS AS THE BASE OF ALL LEARNING. THREE FEATURES CREATE A DISTINCTIVE LEARNING CULTURE: 1) FROM OUR FOUNDING OTTERBEIN HAS BEEN INTENTIONALLY INCLUSIVE OF WOMEN AND PERSONS OF COLOR; 2) OTTERBEIN'S GOVERNANCE SYSTEM INCLUDES STUDENTS AND FACULTY IN DECISION-MAKING THROUGH A SINGLE COLLEGE SENATE; AND 3) INTERDISCIPLINARY EXPERIENCES THROUGH INTEGRATIVE STUDIES (STUDY OF WORLD CULTURE TO UNDERSTAND HUMAN NATURE AND OUR PLACE IN THE UNIVERSE) AND THE SENIOR YEAR EXPERIENCE (CONNECTING MAJORS TO AN INTERDISCIPLINARY EXPERIENCE). THE AUTUMN TERM ENROLLMENT FOR 2022-2023 WAS 2,458, CONSISTING OF 2,173 UNDERGRADUATE STUDENTS AND 285 GRADUATE STUDENTS. 485 STUDENTS RECEIVED BACHELORS DEGREES, 80 RECEIVED MASTERS DEGREES AND 35 RECEIVED DOCTORAL DEGREES IN 2022-2023. THE UNIVERSITY BELIEVES THAT LIVING ON CAMPUS SUPPORTS THE MISSION OF EDUCATING THE WHOLE PERSON BY PROVIDING STUDENTS WITH OPPORTUNITIES TO BUILD RELATIONSHIPS WITH PEOPLE FROM DIVERSE BACKGROUNDS AND TO ACTIVELY PARTICIPATE IN CAMPUS LIFE. (CONTINUED IN SCHEDULE O). 86849386 true true false true false false false false true true true false false true true false true true false true false true false false false false false true true true false false false false false false true false false true true false false false true true false false false true 2909 0 true 1517 true true true false false false false false true 1 false false false false false X 25 20 false false true false true false false true true false false true true true true true true true false false X HOLLY PANGRACE 6148231040 1 South Grove St Westerville OH 430812006 X Comerford John President of the University 50.0 X X 383186 0 46917 Harrell Jr William E Vice Chair 2.0 X X 0 0 0 Harris Theresa Assistant Secretary 2.0 X X 0 0 0 Herbert Cheryl L Chair 2.0 X X 0 0 0 Waterhouse Al Secretary 2.0 X X 0 0 0 Bible Peter R Trustee 2.0 X 0 0 0 Buys du Pllessis Mechelle Trustee 2.0 X 0 0 0 CurrinDeborah E Trustee 2.0 X 0 0 0 Dixon Dr Talisa Trustee 2.0 X 0 0 0 Fisher David W Trustee 2.0 X 0 0 0 Francis Jim Trustee 2.0 X 0 0 0 Fritsche-Nevil Nevalyn Trustee 2.0 X 0 0 0 Gifford Daniel Trustee 2.0 X 0 0 0 Hinson Lisa Trustee 2.0 X 0 0 0 Jones-Casperson April Trustee 2.0 X 0 0 0 Jordan Gregory Trustee 2.0 X 0 0 0 Kaiser Christopher Trustee 2.0 X 0 0 0 Khafagy Yasmeen Trustee and Student 2.0 X 1340 0 0 Milsap Dr Susan Trustee and Professor 50.0 X 91455 0 10389 Nelson Madelyn Trustee and Student 2.0 X 1445 0 0 Phinney Dr Melinda Trustee 2.0 X 0 0 0 Smith Brant O Trustee 2.0 X 0 0 0 Stephens Kathryn Trustee 2.0 X 0 0 0 Tansey Dr John Trustee and Professor 50.0 X 98892 0 38068 Varrasso Alan Trustee 2.0 X 0 0 0 Bolt Susan VP of Business Affairs 50.0 X 169111 0 31173 Sherman-Heckler Wendy Provost 50.0 X 189836 0 25232 Bender Erin Executive Director - The Point 50.0 X 125561 0 40351 Blackburn-Smith Jefferson Vice President of Enrollment Management 50.0 X 169525 0 31987 Bonte Kathleen Executive Director of Development 50.0 X 124920 0 40895 Chovan Dr John Nursing Department Chair 50.0 X 133519 0 23350 McGreevey Michael VP of Institutional Advancement 50.0 X 176649 0 45743 1665439 0 334105 29 false true false Eat' N Park Hospitality Group 285 E Waterfront Homestead PA 15120 Campus Dining Service 2850778 Corna Kokosing Construction 6245 Westerville Rd Westerville OH 43081 Construction Services 2693601 Ellucian 4 Country View Rd Malvern PA 19355 I.T. Service Provider 2525094 WFF 211 S Jefferson Ave St Louis MO 63103 Campus Janitorial Services 1085341 Capital City Consulting 4150 Tuller Rd Dublin OH 43017 I.T. Consulting Services 375854 14 14666 996239 5936307 639277 6947212 Tuition and Fees 611310 74431266 74431266 Residence Halls 721310 7101688 7101688 Dining Services 722514 5367263 5367263 Organized Activities 611710 82332 82332 Other Auxiliary Services 611710 586737 586737 0 0 0 0 87569286 2243405 183098 2060307 125107 125107 15277 15277 1089150 210942 878208 0 878208 878208 17189705 796132 15036472 267244 2153233 528888 2682121 2682121 14106 14666 3181 10925 10925 Concessions 722330 64497 64497 EXTERNAL PRINTING 561439 6643 6643 OTHER REVENUE 900099 5918590 5918590 0 0 0 0 5989730 106461271 93487876 189741 5836442 38582914 38582914 1158859 254405 858011 46443 27265329 23072942 3390296 802091 1695890 1444954 208372 42564 6616475 4783544 1700256 132675 1946689 1619126 271239 56324 686631 35818 650307 506 108884 108884 24000 24000 466229 466229 5264521 4791355 428302 44864 619573 99327 518978 1268 7971033 2590097 5293684 87252 1792140 765402 987172 39566 2432215 1661369 713561 57285 1088790 1020632 51941 16217 1024317 552830 441689 29798 1224939 1199670 25269 4510770 4010086 457083 43601 866722 359439 507283 BAD DEBT & COLLECTION 249956 5476 244480 0 0 0 0 105596876 86849386 17347036 1400454 396 400 15087352 8769223 1311375 1960074 872149 6657402 0 0 0 0 770953 526094 693682 1256573 182788795 93737772 97607186 89051023 119838454 122368148 13211429 12994120 0 5403488 5349585 254796464 248932642 6328631 5652702 1164504 898661 33980244 33324633 0 0 10817779 2033558 1060491 5887139 53351649 47796693 X 118040574 114195745 83404241 86940204 201444815 201135949 254796464 248932642 X 864395 3832370 -5005631 X false true X true true true X 4153882 6473619 9320774 10246530 6947212 37142017 0 0 4153882 6473619 9320774 10246530 6947212 37142017 38576 37103441 2524552 2843846 2878940 4171209 3472939 15891486 0 0 0 0 0 0 7426 7320 5096 3730 14106 37678 53071181 455420306 0.6991 0.7032 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS FUNDRAISING NOT INCLUDING CONTRIBUTION PORTION, COLUMN A - 7426.0, COLUMN B - 7320.0, COLUMN C - 5096.0, COLUMN D - 3730.0, COLUMN E - 14106.0, COLUMN F - 37678.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 24000 false false 24000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY Lobbying firm provided governmental affairs consulting in an effort to find governmental grant monies for the university. 116773955 1573821 7009973 2868568 3493268 118995913 122803410 1258991 -1449202 2623685 3215559 116773955 99106831 921344 28430061 2527279 3127547 122803410 101386335 906044 2149848 2381492 2953904 99106831 97776161 1188086 7219814 2119645 2678081 101386335 0.342 0.338 0.32 false false 8800944 8800944 94403835 46637698 47766137 41332177 16387283 24944894 31493057 27303533 4189524 6758782 3409258 3349524 89051023 Hedged Strategies & Real Assets 12994120 F 12994120 Annuities and Trusts Payable 310665 Deposits 250253 Advances from Fed Govt and Student Loans 326221 CCG System Liability 5000000 5887139 X 71452990 3832370 -38588545 -34756175 106209165 466229 -214123 252106 106461271 66761856 214123 214123 66547733 466229 38582914 39049143 105596876 Schedule D, Part V, Line 4 Intended uses of endowment funds The University's endowment consists of approximately 500 individual funds established for a variety of purposes. Specifically, these purposes include providing scholarships to students to attend the university as well as supporting the programs and activities of the university. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is exempt from federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. For the years ended June 30, 2023 and 2022, the University had no tax expense with regard to unrelated business income. Generally accepted accounting principles prescribes 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.. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - -34484 RECLASS SCHOLARSHIPS - -38582914 UNREALIZED GAIN ON PERPETUAL TRUSTS HELD BY OTHERS - 28853 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RECLASS RENTAL EXPENSE - -210942 RECLASS FUNDRAISING EXPENSE - -3181 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RECLASS RENTAL EXPENSE - 210942 RECLASS FUNDRAISING EXPENSE - 3181 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements RECLASS SCHOLARSHIPS - 38582914 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Advertisements placed in local newspapers and online websites announcing registration dates and programs include a summary statement of the university's nondiscrimination policy. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The university receives funding from the federal government for federal work-study, federal supplemental educational opportunity grants and teaching grant programs. In addition, students may receive veterans benefits and grants or loans through the Federal Pell Grant, Federal Stafford Loan, parent loans for undergraduate students (Plus), graduate plus loans, Federal nursing grant or loans, or through similar state programs including the Ohio College Opportunity Grant. Central America and the Caribbean 0 0 Investments N/A 15947000 Europe (Including Iceland and Greenland) 0 0 Program Services Study abroad - Travel course 13411 Sub-Saharan Africa 0 0 Program Services Study Abroad - Travel 1945 South Asia 0 0 Program Services Study Abroad - Travel Course 5229 0 0 0 0 0 0 15967585 0 15967585 true false true true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Cash; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual true Scholarships and Grants for Tuition 2064 38582914 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The majority of grants and assistance provided by the university are in the form of scholarships and financial aid to offset the cost of tuition, room and board for its students. These funds are awarded through the university's financial aid office based on a combination of merit and need and are disbursed directly to the student's billing account with the university. X X X true true X X X false false false false false false false false false Comerford John President of the University 318566 0 0 0 64620 0 15250 0 31667 0 430103 0 0 0 Bolt Susan VP of Business Affairs 167527 0 0 0 1584 0 18778 0 12395 0 200284 0 0 0 Sherman-Heckler Wendy Provost 189284 0 0 0 552 0 8882 0 16350 0 215068 0 0 0 McGreevey Michael VP of Institutional Advancement 175617 0 0 0 1032 0 9319 0 36424 0 222392 0 0 0 Blackburn-Smith Jefferson Vice President of Enrollment Management 167941 0 0 0 1584 0 30244 0 1743 0 201512 0 0 0 Chovan Dr John Nursing Department Chair 132561 0 0 0 958 0 8956 0 14394 0 156869 0 0 0 Bonte Kathleen Executive Director of Development 124368 0 0 0 552 0 6707 0 34188 0 165815 0 0 0 Bender Erin Executive Director - The Point 125321 0 0 0 240 0 6731 0 33620 0 165912 0 0 0 Schedule J, Part I, Line 1a Travel for companions Companion travel for the president is allowed if the purpose of the trip is for business related to Otterbein. No portion of the companion travel is considered a taxable benefit. Schedule J, Part I, Line 1a Housing allowance or residence for personal use The University provides the president with an allowance for housing. This benefit has been treated as taxable compensation. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Membership dues are paid to a social club on behalf of the president. This benefit has been treated as taxable compensation. A Ohio Higher Education Facility Commission (2016) 346849674 67756DJE7 2016-11-09 20231847 Refunding of 2007 and 2008A bonds false false false B Ohio Higher Educational Facility Commission (2022) 346849674 67756DB54 2022-02-15 18171225 REFUNDING OF 2015 AND 2017 BONDS false false false A 12735000 20231847 0 0 91625 20140222 2022 false true true true B 0 0 18046118 0 4000000 14046118 2022 true false true true A false false true false false 0.003 0.0 0.003 false false true B false false true false false 0.003 0.0 0.003 false false true A false false true false false false false false true B false true false false false false false false true A true B true Schedule K, Part II, Line 3 PROCEEDS AMOUNT DIFFERS FROM ISSUE PRICE DUE TO $125,107 OF INTEREST. SEE ATTACHED SCHEDULE 56735 FINANCIAL AID Schedule L, Part III Grants or assistance benefiting interested persons Colleges, Universities and primary and secondary schools are not required to identify interested persons to whom they provided scholarships, fellowships and similar financial assistance. Pursuant to the instructions to Form 990, Schedule L. Part III, columns (A) and (B) have been left blank. The discounted tuition was provided to student trustees and / or dependents of University employees who are also listed as Interested Persons on Schedule VII. X 3 9268 Market value X 800 Market value X HORSES 8 549795 Market value X Equipment 2 32100 Market value X Misc coins 1 38500 Market value X Misc 2 8814 Market value 14 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - HORSES THE ORGANIZATION RECEIVED 8 SEPARATE CONTRIBUTIONS/HORSES. Other - Equipment NUMBER OF CONTRIBUTIONS - 2 Art - Works of art - Number of contributions - 3 Books and publications - Number of contributions - 6 Other - Misc coins Number of Contributors - 1 Other - Misc NUMBER OF CONTRIBUTIONS - 2 Form 990, Part III, Line 4a Program Service Description (CONTINUED FROM FORM 990, PART III, LINE 4A) 53% OF TRADITIONAL AGED STUDENTS LIVED IN CAMPUS HOUSING IN 2022-2023. IN SUPPORT OF THE WELL BEING OF THE STUDENTS LIVING ON CAMPUS AND THOSE COMMUTING TO CLASSES, THE UNIVERSITY PROVIDES SEVERAL MEAL AND DINING OPTIONS. Form 990, Part III, Line 1 ORGANIZATIONS MISSION (continued from core form part III, line 1) An Otterbein education is distinguished by the intentional blending of the liberal arts and professional studies, combined with a unique approach to integrating direct experience into all learning. Otterbein has been named to the President's Higher Education Community Service honor roll since the list's inception in 2006 and consistently stands in its category's top 15% in U.S. News & World Report's guide to "America's Best Colleges". Otterbein offers more than seventy undergraduate majors; five master's programs including a doctorate in nursing practice (DNP). It's picturesque campus is situated in Westerville, Ohio, America's fifth friendliest town (Forbes), just minutes from Columbus, Ohio the 14th largest city in the country by population. Otterbein's commitment to opportunity started with its founding in 1847 as one of the nation's first universities to welcome women and persons of color to its community of teachers and learners, which now numbers approximately 2,500 undergraduate and graduate students. Otterbein remains committed to its relationship with the United Methodist Church and its spirit of inclusion, and welcomes people of all backgrounds. Form 990, Part III, Line 2 New program services Executed 6/30/23, COALITION FOR THE COMMON GOOD DBA Antioch UNIVERSITY and Otterbein UNIVERSITY determined that it is in their respective best interest to form an innovative, national university system of multiple institutions of higher education. THE Vision is that this will be become a preeminent national university system of affiliated colleges and universities. Form 990, Part VI, Line 15b COMPENSATION REVIEW OF OFFICERS/KEY EMPLOYEES The president reviews and approves compensation for the various vice presidents, but it does not get reviewed and approved by an authorized body of the organization and therefore this questions has been marked "no" as indicated in the instructions. The president does reference compensation studies, reviews other industry compensation compilations and compares compensation of those with similar expertise at comparable institutions. Form 990, Part VI, Line 4 Significant changes to organizational documents PER THE AMENDED AND RESTATED ARTICLES OF INCORPORATION OF OTTERBEIN UNIVERISTY, THE COALITION FOR THE COMMON GOOD DBA ANTIOCH UNIVERSITY IS THE SOLE MEMBER OF THE UNIVERSITY. Form 990, Part VI, Line 6 Classes of members or stockholders PER THE AMENDED AND RESTATED ARTICLES OF INCORPORATION OF OTTERBEIN UNIVERISTY, THE COALITION FOR THE COMMON GOOD DBA ANTIOCH UNIVERSITY IS THE SOLE MEMBER OF THE UNIVERSITY. Form 990, Part VI, Line 11b Review of form 990 by governing body The Audit Committee of the Board of Trustees and the President of the University reviewed the completed Form 990 in detail prior to filing with the IRS. The entire Board of Trustees is given access to the filing copy prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All Board members and officers sign a conflict of interest disclosure form annually. Staff in the President's Office review the signed forms for completeness and disclosure of conflicts. Any member who has a conflict of interest recuses himself or herself from the discussion and voting of the related topics at Board meetings. All interested persons, including board members, officers, key employees and highly compensated individuals also complete an annual questionnaire regarding potential conflicts which might exist. The responses to this questionnaire are reviewed by the Office of Business Affairs. If a potential or actual conflict of interest is identified, the organization takes the appropriate action to address such conflict. The employee handbook has a conflict of interest statement that covers all employees of the University. Form 990, Part VI, Line 15a Process to establish compensation of top management official The President's compensation was reviewed by the Executive Committee of the Board of Trustees. The Executive Committee obtained and relied upon review of presidential compensation packages at comparable institutions and review of the market candidates with similar levels of expertise. This process is completed annually and deliberated and approved in executive session. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code section 6104. These documents are not available to the public at this time. Form 990, Part VII, Section A, Line 1a COMPENSATION The two student trustees listed in Part VII were compensated for part-time employment by the university. Neither were compensated for board member services. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Unrealized gains (loss) on perpetual trusts held by others - 28853; Change in value of split interest agreements - -34484; EQUITY INVESTMENT IN COALTION FOR THE COMMON GOOD - -5000000; JL SYSTEMS INC 1 SOUTH GROVE STREET WESTERVILLE OH 43081 883623232 EDUCATIONAL ASSISTANCE OH 0 0 OTTERBEIN UNIVERSITY COALITION FOR THE COMMON GOOD DBA ANTIOCH UNIVERSITY 900 DAYTON STREET YELLOW SPRINGS OH 45387 310536640 EDUCATION OH 501(c)(3) 2 NA false Charitable Remainder Trust Beneficial Trust OH NA Trust false false true false false false false false false false false false false false false false false false false false