2024-04-12T15:37:05-05:00 2023-05-31 FORVIS LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2022-06-01 420680389 SIMPSON COLLEGE % BRET L MILLS SIMP 5159616251 701 NORTH C ST INDIANOLA IA 50125 BRET MILLS VP BUSINESS/FINANCE 5159616251 2023-11-15 true BRET MILLS 999009999 SHAWNELL LINOT P01663908 3162652811 2022 2023-04-26 12:10:37Z JAY BYERS 701 N C ST INDIANOLA IA 50125 85588990 false X WWW.SIMPSON.EDU X 1860 IA A RESIDENTIAL, COEDUCATION, UNDERGRADUATE LIBERAL ARTS COLLEGE. 41 40 1036 40 0 0 6932316 6850144 53810382 53538068 4687641 1518226 10528 1689853 65440867 63596291 27925837 29818972 0 0 19419671 20909117 0 0 1349083 21603086 25313494 68948594 76041583 -3507727 -12445292 164069372 152836299 41164817 44058546 122904555 108777753 THROUGH INNOVATIVE LEARNING OPPORTUNITIES, INDIVIDUAL STUDENT ATTENTION, AND AN UNWAVERING COMMITMENT TO INCLUSIVE EDUCATIONAL ACCESS, SIMPSON COLLEGE CULTIVATES A DIVERSE COMMUNITY OF LEARNERS TO LEAD LIVES OF MEANING AND PURPOSE. false false 66166913 29323500 53538068 SIMPSON COLLEGE PROVIDES INSTRUCTION TO APPROXIMATELY 1,200 FULL AND PART-TIME UNDERGRADUATE STUDENTS, WITH MAJOR AREAS OF INSTRUCTION IN BUSINESS, ELEMENTARY EDUCATION, SCIENCES AND THE ARTS. 66166913 true true false true false false false true false true true true false false true false true false true false true false false false false false false false true true true false false false false false false false false false false true false false false false true true false false false true 1532 0 true 1036 true false false false false false false false false false false false false X 41 40 false false false false false false false true true false false true true true true true true true true false X BRET L MILLS 5159611398 701 N C STREET INDIANOLA IA 50125 X MARSHA KELLIHER PRESIDENT 40.0 0.0 X X 375212 0 54474 JOHN WOELL SR. VP AND ACADEMIC DEAN 40.0 0.0 X 154203 0 25369 ROBERT J LANE VP-COLLEGE ADVANCEMENT 40.0 0.0 X 149886 0 12455 DEANNA MCCORMICK VP-BUSINESS AND FINANCE 40.0 0.0 X 152817 0 7879 LEIGH D MLODZIK VP-ENROLLMENT 40.0 0.0 X 135610 0 24617 ROGER DEGERMAN VP-MARKETING & STRATEGIC COMM 40.0 0.0 X 130910 0 19633 HEIDI B LEVINE VP-PLANNING & STUDENT DEVELOPM 40.0 0.0 X 122320 0 19400 KEYAH LEVY VP-DIVERSITY, EQUITY & INCLUSI 40.0 0.0 X 115437 0 13492 JENNIFER MILLER DEAN-CONTINUING & GRADUATE PRO 40.0 0.0 X 112358 0 13018 TIMOTHY D BONNEY TRUSTEE 0.5 0.0 X 0 0 0 JESSICA BOLTINGHOUSE TRUSTEE 0.5 0.0 X 0 0 0 JAY R BYERS TRUSTEE 0.5 0.0 X 0 0 0 RON CARLSON TRUSTEE 0.5 0.0 X 0 0 0 NICOLE L CRAIN TRUSTEE 0.5 0.0 X 0 0 0 MATT DEWOLF TRUSTEE 0.5 0.0 X 0 0 0 D ROBERT DOWNING TRUSTEE 0.5 0.0 X 0 0 0 RICK W EXLINE TRUSTEE 0.5 0.0 X 0 0 0 STEVEN C FITERMAN TRUSTEE 0.5 0.0 X 0 0 0 BEN F GAUMER TRUSTEE 0.5 0.0 X 0 0 0 DENISE M GRIFFEY TRUSTEE 0.5 0.0 X 0 0 0 LAURIE HALLER TRUSTEE 0.5 0.0 X 0 0 0 TERRY W HANDLEY BOARD CHAIR 0.5 0.0 X X 0 0 0 KAMIE DOWNING HAYNES TRUSTEE 0.5 0.0 X 0 0 0 MARK L HILL TRUSTEE 0.5 0.0 X 0 0 0 JOHN D HINES TRUSTEE 0.5 0.0 X 0 0 0 STEVEN G JOHNSON TRUSTEE 0.5 0.0 X 0 0 0 THOMAS J KEATING TRUSTEE 0.5 0.0 X 0 0 0 RONALD L KELLER TRUSTEE 0.5 0.0 X 0 0 0 SEAN M KENNEDY TRUSTEE 0.5 0.0 X 0 0 0 IZAAH JB KNOX TRUSTEE 0.5 0.0 X 0 0 0 VIRGINIA LAURIDSEN TRUSTEE 0.5 0.0 X 0 0 0 JOHN T LAWLOR TRUSTEE 0.5 0.0 X 0 0 0 TERRANCE J LILLIS TRUSTEE 0.5 0.0 X 0 0 0 JAY T MARSHALL TRUSTEE 0.5 0.0 X 0 0 0 BARBARA A MILLER TRUSTEE 0.5 0.0 X 0 0 0 TRENT MURPHY TRUSTEE 0.5 0.0 X 0 0 0 JAYNA J NIBLOCK TRUSTEE 0.5 0.0 X 0 0 0 ELIZABETH RAYMOND NIGUT TRUSTEE 0.5 0.0 X 0 0 0 JOHN R NORRIS TRUSTEE 0.5 0.0 X 0 0 0 NILE D RAMSBOTTOM TRUSTEE 0.5 0.0 X 0 0 0 STEVEN A RAMSEY TRUSTEE 0.5 0.0 X 0 0 0 ROBERT G RILEY TRUSTEE 0.5 0.0 X 0 0 0 JOE SORENSON TRUSTEE 0.5 0.0 X 0 0 0 JAMES C SPOONER TRUSTEE 0.5 0.0 X 0 0 0 DEANNA STRABLE-SOETHOUT TREASURER 0.5 0.0 X X 0 0 0 KIRK J TYLER TRUSTEE 0.5 0.0 X 0 0 0 SUSAN E VOSS SECRETARY 0.5 0.0 X X 0 0 0 JULI M WILLEMAN TRUSTEE 0.5 0.0 X 0 0 0 MARIBETH WRIGHT TRUSTEE 0.5 0.0 X 0 0 0 1448753 0 190337 11 false true false SODEXO OPERATIONS LLC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2696826 JONES LANG LASALLE AMERICAS INC 200 EAST RANDOLPH DR SUITE 4300 CHICAGO IL 60601 CAMPUS SERVICES 2195087 SSC SERVICE SOLUTIONS COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 CAMPUS SERVICES 1569906 BYRNE JONES CONSTRUCTION 13940 STCHARLES ROCK ROAD ST LOUIS MO 63044 CONSTRUCTION 1301465 SORTY CONSTRUCTION CONSTRUCTION CO 2810 WAKEFIELD CIRCLE AMES IA 50010 CONSTRUCTION 1123424 24 1443817 5406327 424547 6850144 Tuition & Fees 611600 44592606 44592606 Residence Halls 611710 4435926 4435926 Food Services 722320 4023343 4023343 Conference Revenue 721000 486193 486193 53538068 1368291 1368291 0 0 0 0 0 22104634 38000 21992699 0 111935 38000 149935 149935 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 1689853 1689853 1689853 63596291 53538068 3208079 0 29818972 29818972 0 0 0 0 15857085 12523175 2567001 766909 561280 443272 90862 27146 3413896 2643464 569710 200722 1076856 850450 174325 52081 586670 586670 152279 152279 143613 143613 0 0 141582 141582 2464996 2464996 519207 237227 210577 71403 2033851 1815179 163862 54810 1163859 528011 610461 25387 0 8596031 7805425 736975 53631 733587 626169 67628 39790 0 0 1620645 1453648 148268 18729 0 3592346 3277246 280825 34275 0 Athletics 1131260 1131260 Memberships 213440 24964 188476 Bad Debt 1181240 1181240 Miscellaneous Expenses 1038888 523455 511233 4200 76041583 66166913 8525587 1349083 106860 2607022 14517446 4650468 1169721 152462 1164918 1038329 0 0 0 0 0 0 0 75547 1709501 1349251 138125373 81243798 51664881 56881575 64221060 54944448 28513047 30719277 1001938 0 0 0 0 417920 164069372 152836299 4073799 5959013 0 0 1084644 1247881 32180000 31965000 0 0 0 0 1323864 0 0 4081289 2502510 805363 41164817 44058546 X 30509387 18903150 92395168 89874603 122904555 108777753 164069372 152836299 -12445292 -2623381 941871 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 2163 false false false 2163 false SCHEDULE C, PART II-B, LINE 1F A PERCENTAGE OF ANNUAL DUES PAID BY SIMPSON COLLEGE IS ATTRIBUTABLE TO LOBBYING. 121640 X false 95427154 727546 -1898867 2391012 9934214 81930607 105332071 1051350 -6320171 2466179 2082243 87674 95427154 83186018 562808 25410997 2058771 1666558 102423 105332071 83808538 765451 2393441 2042737 1638675 100000 83186018 86947836 802421 -298968 1958464 1584287 100000 83808538 0.05270 0.94730 true false 2029854 2029854 112388856 64405662 47983194 17942386 16838136 1104250 5764277 5764277 56881575 Alternative Investments 22649500 F Investments - Other securities 8069777 F 30719277 0 Deposits 275259 Annuity and Life Income Liabilities 98775 805363 31833818 -2623381 10173 -29007683 -31620891 63454709 141582 141582 63596291 46902491 10173 -29007683 -28997510 75900001 141582 141582 76041583 SCHEDULE D, PART III, LINE 4 SIMPSON COLLEGE MAINTAINS VARIOUS ARTWORKS UTILITZED PRIMARILY FOR THE PRESERVATION OF THE HERITAGE OF THE COLLEGE AND GENERAL PUBLIC OBSERVATION. SCHEDULE D, PART V, LINE 4 THE SIMPSON COLLEGE ENDOWMENT IS INTENDED TO SUPPORT THE STUDENTS OF THE COLLEGE VIA SCHOLARSHIPS AND LOAN FUNDS AS WELL AS OPERATIONS AND FACILITIES SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D STUDENT AID $ (29,007,683) SCHEDULE D, PART XII, LINE 2D STUDENT AID $ (29,007,683) true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 6A SIMPSON COLLEGE RECEIVES STUDENT FINANCIAL AID UNDER TITLE IV, AS WELL AS OTHER ASSISTANCE FROM THE FEDERAL GOVERNMENT AND FROM THE STATE OF IOWA IN THE FORM OF PASS-THROUGH AID TO QUALIFYING STUDENTS. Central America and the Caribbean Program Services STUDENT COURSE TRAVEL 47245 East Asia and the Pacific Program Services STUDENT COURSE TRAVEL 93726 140971 140971 false false false false false false true SCHOLARSHIPS 1043 29818972 SCHEDULE I, PART I, LINE 2 SCHOLARSHIPS ARE AWARDED TO STUDENTS THROUGHT THE FINANCIAL AID OFFICE AND ARE BASED ON STATED CRITERIA. X false false X X X X false false false false false false false false false MARSHA KELLIHER PRESIDENT 375212 0 0 0 0 0 18750 0 35724 0 429686 0 0 0 JOHN WOELL SR. VP AND ACADEMIC DEAN 154203 0 0 0 0 0 8264 0 17105 0 179572 0 0 0 DEANNA MCCORMICK VP-BUSINESS AND FINANCE 139872 0 0 0 12945 0 3556 0 4323 0 160696 0 0 0 LEIGH D MLODZIK VP-ENROLLMENT 135610 0 0 0 0 0 7162 0 17455 0 160227 0 0 0 ROGER DEGERMAN VP-MARKETING & STRATEGIC COMM 130910 0 0 0 0 0 6761 0 12872 0 150543 0 0 0 ROBERT J LANE VP-COLLEGE ADVANCEMENT 145686 0 0 0 4200 0 7689 0 4766 0 162341 0 0 0 SCHEDULE J, PART I, LINE 1A MARSHA KELLIHER - THE COLLEGE PROVIDES A RESIDENCE FOR PERSONAL USE OF THE PRESIDENT AS WELL AS COLLEGE BUSINESS. THE RESIDENCE WAS TREATED AS NONTAXABLE COMPENSATION. A IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 4624607S9 2020-11-25 33439068 IOWA HIGHER EDUCATION LOAN AUTHORI false false false A 0 0 0 2645086 387656 10121 648779 0 0 6664634 21507821 876573 2024 true false false true A false false false false 0 false false false true A false false false false false false 0 false 0 false true A true X 20 424547 FMV false true false SCHEDULE M, PART I, COLUMN B THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990 PART III, LINE 4D Simpson College provides auxiliary services to support student instruction and residence life. Auxiliary services include student housing and food services, college bookstore and conference programs. FORM 990, PART VI, SECTION A, LINE 1 Between meetings of the Board, the Executive Committee shall have general supervision of the administration and property of the College, except that, unless specifically empowered by the Board to do so, it may not take any action inconsistent with a prior act of the Board, award degrees, alter bylaws, locate permanent buildings on tax-exempt property held for College purposes, remove or appoint the President of the College, or take any action which has been reserved by the Board. Minutes of each meeting are presented to the Board at the full Board of trustees meeting for comment and such action as is appropriate. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND COMPLIANCE COMMITTEE WILL REVIEW A DRAFT OF THE RETURN PRIOR TO FILING AND THE FINAL RETURN WILL BE MADE AVAILABLE TO ALL TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C Board members are required to disclose conflicts for any action item involving a potential conflict of interest, whether present at a Board or committee meeting or absent. The conflict will be noted in the meeting minutes. The Board member may not participate in or be allowed to hear the Board or committee discussion of the matter except to disclose material facts or answer questions. The Board member shall not attempt to exert influence with respect to the matter. The Board member shall not be counted toward the quorum of the meeting, will not be allowed to vote on the matter and shall not be present during the vote unless it is by secret ballot. All these considerations will be reflected in the meeting minutes. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMPENSATION COMMITTE OF THE BOARD OF TRUSTEES, CONSISTING OF THE TREASURER, SECRETARY, AND CHAIRPERSON OF THE BOARD, IS CHARGED WITH REVIEWING AND APPROVING THE COMPENSATION OF THE PRESIDENT. THIS WAS LAST DONE IN CALENDAR YEAR 2023 WHEN THE BOARD HIRED JAY BYERS AS PRESIDENT OF SIMPSON COLLEGE. THE COMMITTEE USES COMPARABILITY DATA SUCH AS A SURVEY ISSUED TO SEVERAL PRIVATE COLLEGES REGARDING TOTAL COMPENSATION FOR A PRESIDENT CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTANT AND SALARY DATA FOR PRIVATE COLLEGE ADMINISTRATOR POSITIONS PROVIDED BY A STATE ASSOCIATION OF INDEPENDENT PRIVATE COLLEGES. FORM 990, PART VI, SECTION B, LINE 15B THE PRESIDENT ESTABLISHES SALARIES FOR ALL OTHER KEY EMPLOYEES BASED ON COMPARABLE MARKET DATA AND OTHER FACTORS. THIS WAS LAST DONE IN CALENDAR YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST TO THE PRESIDENT OR VICE PRESIDENT FOR BUSINESS FINANCE, THE COLLEGE WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHARITABLE REMAINDER TRUST (1) TRUST NY NA false false false true false false false false false false false false false false false false false false false false