2024-05-07T09:03:57-04:00 2023-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2022-07-01 420707120 WILLIAM PENN UNIVERSITY WILL 6416731001 201 TRUEBLOOD AVE OSKALOOSA IA 52577 BONNIE L JOHNSON CFO 6416731001 2024-05-06 true BONNIE JOHNSON XXX-XX-XXXX true DAN MONTGOMERY CPA P02183410 5156203050 2024-05-07 2022 2023-04-26 12:10:37Z BONNIE L JOHNSON NORTH MARKET AND TRUEBLOOD AVE OSKALOOSA IA 52577 51801738 false X WWW.WMPENN.EDU X 1873 IA WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. 22 21 741 50 15077 7373971 10679582 37642827 40314319 202826 125016 362510 549388 45582134 51668305 19122098 21011395 0 11341329 11844840 0 589331 13395298 15475641 43858725 48331876 1723409 3336429 78771952 82522880 46945086 47255280 31826866 35267600 WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. false false 29781022 21011395 35268398 INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,667 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS. 4907545 4729872 QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS. 8711641 316049 STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,667 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. 43400208 true true false false false false false true false true true false false true true true false true true false false false false false false false false false true true false false false false false false false true false false false false true true true true false false true 84 0 true 741 true true true false false false false true true false false false false false false X 22 21 true false false false false false false true true false false false true true true true true true true false X BONNIE JOHNSON 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 DAVID AHMAD LEFT OCT 2022 TRUSTEE X 0 0 0 JOE P CROOKHAM VICE CHAIRMA 2.00 X X 0 0 0 MICHAEL GATES LEFT OCT 2022 TRUSTEE X 0 0 0 RON BRYAN TRUSTEE 2.00 X 0 0 0 KEVIN DERONDE TRUSTEE 2.00 X 0 0 0 JERRY N ELLIS CHAIRMAN 2.00 X X 0 0 0 TOM FRANKS TRUSTEE 2.00 X 0 0 0 SYLIVA GRAVES TRUSTEE 2.00 X 0 0 0 CHRIS HYLAND TRUSTEE 2.00 X 0 0 0 IRVING JONES TRUSTEE 2.00 X 0 0 0 REGINALD MARTIN TRUSTEE 2.00 X 0 0 0 GORDAN MOORE TRUSTEE 2.00 X 0 0 0 ERIC NICHOLS LEFT OCT 2022 TRUSTEE X 0 0 0 RUTH NEUBERT LEFT OCT 2022 TRUSTEE X 0 0 0 JOHN OTTOSSON PRESIDENT 40.00 X X 236799 0 23925 ALFIO TOGNOCCHI LEFT OCT 2022 TRUSTEE X 0 0 0 ROBERT SCHULTZE LEFT OCT 2022 TRUSTEE X 0 0 0 KEVIN ROHR TRUSTEE 2.00 X 0 0 0 JEFF MCNULTY TRUSTEE 2.00 X 0 0 0 MANNY GARCIA TRUSTEE 2.00 X 0 0 0 DERRICK WILLIS JOINED OCT 2022 TRUSTEE 2.00 X 0 0 0 JON MOSHER JOINED OCT 2022 TRUSTEE 2.00 X 0 0 0 LARRY JUCKNER JR JOINED OCT 2022 TRUSTEE 2.00 X 0 0 0 JAMES FEUDNER TRUSTEE 2.00 X 0 0 0 ROBERT TALBOT LEFT OCT 2022 TRUSTEE X 0 0 0 NOEL STAHLE VP OF ACADEM 40.00 X 111950 0 17661 BONNIE L JOHNSON CFO 40.00 X 135056 0 24924 MARSHA RIORDAN VP OF ADVANC 40.00 X 101854 0 16946 JOHN HENRY BASKETBALL C 40.00 X 105877 0 6287 691536 89743 5 false true false SODEXO SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2158592 NEUMANN CONSTRUCTION INC PO BOX 1315 DES MOINES IA 50305 CONSTRUCTION 1779376 SODEXO FACILITIES INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FACILITIES 1445153 MUSCO SPORTS LIGHTING PO BOX 808 OSKALOOSA IA 52577 FOOTBALL TURF 500000 WALDINGER CORPORATION PO BOX 1612 DES MOINES IA 50306 HVAC 280885 10 3732766 6946816 8539 10679582 STUDENT TUITION AND FEES 611600 35268398 35268398 BOARD 721310 2442556 2442556 ROOM 611710 2287316 2287316 OTHER PROGRAM INCOME 722210 245270 245270 BOOKS AND OTHER SUPPLIES 451211 35659 35659 35120 35120 40314319 125016 125016 30123 30123 73975 133433 -59458 -59458 15077 -74535 INSURANCE PROCEEDS 524298 306624 306624 STATESMEN LANES 272099 272099 578723 51668305 35575022 15077 5398624 21011395 21011395 443351 443351 9012360 7761807 958093 292460 343457 303663 39794 1372637 1172555 200082 673035 562775 110260 76330 76330 96775 96775 638582 151976 269783 216823 125145 54744 35576 34825 3520236 3430207 90029 889609 819663 47908 22038 1550597 1534693 15904 2089486 2068099 21387 545460 535806 9654 FOOD SERVICE CONTRACT 2020111 2020111 MISCELLANEOUS 1179203 315777 863426 SUPPLIES 1163402 1064492 76324 22586 CONTRACT SERVICES 809833 96619 713214 770872 495826 274447 599 48331876 43400208 4342337 589331 962790 1034578 424806 294717 594095 1213359 2859474 2624351 450104 519698 96015476 37966041 55724317 58049435 2909891 3446741 1768601 2665353 13077874 12674648 78771952 82522880 4226586 3642392 530707 891190 41765993 42612214 24200 24200 397600 85284 46945086 47255280 X 15078631 17968896 16748235 17298704 31826866 35267600 78771952 82522880 X 3336429 -167523 271828 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3043375 X X X false 7526150 802364 189637 138738 8379383 7562407 386224 -334453 88028 7526150 6867916 126075 673361 104945 7562407 6779818 178005 1000 90907 6867916 6822808 44486 81476 168952 6779818 1.00000 false false 1402751 1402751 74257333 21206322 53051011 20355392 16759719 3595673 58049435 BENEFICIAL INTEREST IN PERTETUAL TRU 6654831 COLLECTIBLES 3043375 REMAINDER INTEREST TRUSTS 1009486 CONSTRUCTION IN PROGRESS 963611 LIBRARY BOOKS 654025 DEBT SERVICE FUND 282174 LOAN INTEREST RECEIVABLE 67146 12674648 US GOVERNMENT GRANTS REFUNDABLE 85284 85284 X SCHEDULE D, PAGE 2, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF MIDDLE EAST ARTIFACTS AND A REPLICA OF THE JING YUNG BELL FOR PURPOSES OF PUBLIC EXHIBIT AND RESEARCH. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS CONSIST OF APPROXIAMTELY 108 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, GRANTS AND UNRESTRICTED PURPOSES FOR THE UNIVERSITY. ONLY REVENUE EARNED BY THE PORTFOLIO OF INVESTMENTS CAN BE USED FOR THE INTENDED PURPOSE. SCHEDULE D, PAGE 3, PART X THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING IT QUALIFIES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINATION POLICY NOTED IN ALL PUBLIC ADVERTISING, UNIVERSITY CATALOGS AND FINANCIAL AID LITERATURE. SCHEDULE E, LINE 6 WE RECEIVE PELL AND SEOG GRANTS FROM THE FEDERAL GOVERNMENT. THE PELL GRANT IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED WHICH IS DEFINED BY THE FEDERAL GOVERNMENT THROUGH THE FASFA APPLICATION. SEOG IS AWARDED BY THE INSTITUTION BASED ON NEED WHICH IS DERIVED FROM THE FASFA APPLICATION. WE ALSO RECEIVE DIRECT SUBSIDIZED AND UNSUBSIDIZED AND PLUS LOANS WHICH ARE DIRECT LOANS BETWEEN STUDENTS AND THE GOVERNMENT. THESE ARE AWARDED TO STUDENTS AND ARE DISBURSED AFTER AN APPLICATION PROCESS BETWEEN THE STUDENT AND THE GOVERNMENT. WE ALSO RECEIVE AN IOWA TUITION GRANT FROM THE STATE OF IOWA WHICH IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED. WE ALSO RECEIVED VOCATIONAL REHAB GRANTS AND VA BENEFITS WHICH ARE AWARDED TO SPECIFIC STUDENTS BASED ON CRITERIA FROM THOSE ORGANIZATIONS. true INSTITUTION SCHOLARSHIPS 1459 20509177 CASH FEDERAL SEOG 705 459574 CASH VOCATIONAL REHAB GRANTS 7 42644 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY HAS A FINANCIAL AID DEPARTMENT WHOSE STAFF IS TRAINED AND CONTINUOUSLY EDUCATED REGARDING FEDERAL FINANCIAL AID RULES AND REGULATIONS. THE STAFF OF THE UNIVERSITY DETERMINES THE FINANCIAL NEED OF THE STUDENT AND DETERMINES THE AMOUNT OF FINANCIAL ASSISTANCE THAT CAN BE AWARDED TO THE STUDENT BASED ON FEDERAL RULES AND REGULATIONS. THE FINANCIAL AID STAFF ALSO AWARDS GRANTS AND SCHOLARSHIPS BASED ON ENDOWED GIFTS THAT COMPLY WITH THE TERMS OF THE ENDOWED GIFTS. X X true true X X X X false false false false false false false false false JOHN OTTOSSON PRESIDENT 236799 12185 11740 260724 BONNIE L JOHNSON CFO 135056 7107 17817 159980 MAHASKA COMM GROUP MCG SEE PART V 107020 PHONE/INTERNET false SCHEDULE L, PART V SCHEDULE L, PART IV, LINE (1), COLUMN (B): MAHASKA COMMUNICATION GROUP (MCG) IS A WHOLLY OWNED SUBSIDIARY OF MUSCO CORPORATION. JOE CROOKHAM, BOARD OFFICER, AND HIS IMMEDIATE FAMILY ARE THE MAJORITY SHAREHOLDERS OF MUSCO CORPORATION. JOE CROOKHAM IS ALSO PRESIDENT AND CEO OF BOTH ENTITIES. CHRIS HYLAND, BOARD MEMBER, IS ALSO THE CFO OF MUSCO CORPORATION. FORM 990, PAGE 6, PART VI, LINE 2 JOE CROOKHAM CHRIS HYLAND VICE CHAIR TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C EVERY BOARD MEMBER, ADMINISTRATOR, OR PERSON WHO HAS CONTROL OVER A BUDGET, COMPLETES A CONFLICT OF INTEREST FORM. THEY ARE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST TO THE BUSINESS OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 SCHOLARSHIPS AND GRANTS -21,011,395 SCHOLARSHIPS AND GRANTS 21,011,395 WPU REAL ESTATE FOUNDATION LLC 201 TRUEBLOOD AVENUE OSKALOOSA IA 52577 474400135 REAL ESTAT IA WPU STATESMEN LANES & COMMUNITY EVENT C 1700 A AVENUE EAST OSKALOOSA IA 52577 BOWLING IA 272099 41000 WPU BLANCHE JOHNSON TRUST 124 SOUTH FIRST STREET OSKALOOSA IA 52577 426613277 RENTAL REA IA 501C3 12D NA false false false true false false false false false false false false false false false false false false false false BLANCHE JOHNSON TRUST C 242484 FAIR VALUE