2025-05-15T09:27:39-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2023-07-01 800957275 COE COLLEGE GROUP EXEMPTION COEC 3193998643 1220 FIRST AVENUE NE CEDAR RAPIDS IA 52402 MARY K CONRAD VP FOR FINANCE & ADMIN. 3193998643 2025-05-14 1 1 KAREN A GRIES P00078514 6128764500 2025-05-14 2023 2025-03-06 01:10:19Z DAVID HAYES 1220 FIRST AVENUE NE CEDAR RAPIDS IA 52402 1794645 1 1 5944 X WWW.COE.EDU X 2005 IA SEE SCHEDULE O. 1 0 0 0 0 0 6000 3000 35388 35248 297890 1723871 31179 32526 370457 1794645 389190 409694 0 0 0 0 0 0 0 377876 465743 767066 875437 -396609 919208 27126223 28211953 813230 681940 26312993 27530013 X SERVE THE NEEDS OF COE COLLEGE AS THE SOLE ULTIMATE BENEFICIARY OF THE TRUSTS. PROVIDES FOR THE TRANSFER, USE, BENEFIT, MANAGEMENT, EXPENDITURES & DISTRIBUTION OF THIS PROPERTY AS COE COLLEGE SHALL FROM TIME TO TIME DETERMINE TO BE FOR THE BEST INTEREST AND WELFARE OF THE STUDENTS, FACULTY, STAFF PERSONNEL AND ALUMNI. 0 0 225365 142785 PROVIDING FOR THE TRANSFER, USE, BENEFIT, MANAGEMENT, EXPENDITURES & DISTRIBUTIONS OF THE ATHLETIC FACILITIES PROPERTY AS COE COLLEGE SHALL FROM TIME TO TIME DETERMINE TO BE FOR THE BEST INTEREST AND WELFARE OF THE STUDENTS, FACULTY AND ADMINISTRATIVE PERSONNEL. 151919 107075 PROVIDING FOR THE TRANSFER, USE, BENEFIT, MANAGEMENT, EXPENDITURES & DISTRIBUTION OF THE ALUMNI CENTER BUILDING & PROPERTY AS COE COLLEGE SHALL FROM TIME TO TIME DETERMINE TO BE FOR THE BEST INTEREST AND WELFARE OF THE STUDENTS, FACULTY AND ADMINISTRATIVE PERSONNEL. 441707 159833 66099 PROVIDING FOR THE TRANSFER, USE, BENEFIT, MANAGEMENT, EXPENDITURES & DISTRIBUTION OF THE RACQUET CENTER BUILDING & PROPERTY FOR SUCH RACQUET SPORTS, INCLUDING RACQUETBALL, SQUASH, TENNIS, PLATFORM TENNIS, AEROBICS AND JOGGING AND SUCH OTHER DISCIPLINES RELATING TO PROPER HEALTH, LIFE-STYLES AND PHYSICAL CONDITIONING, AS COE COLLEGE SHALL FROM TIME TO TIME DETERMINE TO BE FOR THE BEST INTEREST AND WELFARE OF THE STUDENTS, FACULTY, STAFF PERSONNEL AND ALUMNI. 818991 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IA X JEFF RUMMEL CONTROLLER 3193998241 1220 FIRST AVENUE NE CEDAR RAPIDS IA 52402 X COE COLLEGE TRUSTEE 5.00 X 0 0 0 0 0 0 0 0 0 0 0 3000 3000 MEMBERSHIP & FEE INCOME 710000 35248 35248 35248 804663 804663 1675 0 1675 1675 1675 919208 0 919208 919208 919208 OTHER INCOME 900099 30851 30851 30851 1794645 66099 0 1725546 409694 409694 56446 56446 7372 7372 142689 142689 EXPENSE REIMBURSEMENT - 215157 215157 BUILDING & EQUIPMENT MA 34655 34655 ATHLETIC PLAYING FIELDS 9424 9424 875437 818991 56446 0 753322 468581 159074 157713 1730 2714 11159107 5718930 5567066 5440177 16315097 20936262 4329934 1206506 27126223 28211953 3346 1746 809884 680194 813230 681940 X 5077693 5077693 21235300 22452320 26312993 27530013 27126223 28211953 919208 297812 0 X 0 1 X 1 0 X X X 1 COE COLLEGE 420686467 2 1 409694 0 1 409694 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 777406 777406 7128281 3009710 4118571 2629025 2118564 510461 624395 590656 33739 5440177 DISTRIBUTION PAYABLE 157331 DUE TO COE COLLEGE 522863 680194 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED BUSINESS ACTIVITIES). THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAXES. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 COE COLLEGE 1220 FIRST AVENUE NE CEDAR RAPIDS IA 52402 420686467 501(C)(3) 409694 0 GENERAL OPERATING FUND 1 0 PART I, LINE 2: THE TRUST DOCUMENT SPECIFIES THAT CERTAIN FUNDS ARE TO BE DISTRIBUTED TO OTHER TRUSTS AND TO THE COLLEGE. COE COLLEGE TRUSTEE/SUPPORTED ORGANIZATION 409694 DISTRIBUTION SUPPORT FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: SERVE THE NEEDS OF COE COLLEGE AS THE SOLE ULTIMATE BENEFICIARY OF THE TRUSTS. PROVIDES FOR THE TRANSFER, USE, BENEFIT, MANAGEMENT, EXPENDITURES & DISTRIBUTION OF THIS PROPERTY AS COE COLLEGE SHALL FROM TIME TO TIME DETERMINE TO BE FOR THE BEST INTEREST AND WELFARE OF THE STUDENTS, FACULTY, STAFF PERSONNEL AND ALUMNI. FORM 990, PART VI, SECTION A, LINE 1A COE COLLEGE IS THE TRUSTEE AND SOLE BENEFICIARY OF THE TRUSTS. FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS A THOROUGH REVIEW OF EACH FORM 990 FILED BY THE COLLEGE PRIOR TO BEING FILED WITH THE IRS. THE COMMITTEE RECEIVES THE RETURNS FROM THE OUTSIDE ACCOUNTANTS. THE COMMITTEE AND A REPRESENTATIVE FROM THE OUTSIDE ACCOUNTANTS REVIEW THE RETURNS TOGETHER. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE ADVISED OF THE REVIEW OF EACH FORM 990 BY THE AUDIT & COMPLIANCE COMMITTEE. EACH MEMBER OF THE BOARD OF TRUSTEES RECEIVES AN EMAIL (1) PROVIDING THE TRUSTEE WITH ACCESS TO A COMPLETE COPY OF THE RETURNS THROUGH A WEBSITE ACCESSIBLE TO THE TRUSTEES AND (2) INFORMING EACH TRUSTEE THAT THE RETURNS ARE AVAILABLE FOR FURTHER REVIEW BY ANY BOARD MEMBER AND THAT THE RETURNS WILL BE FILED BY THE DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C COE COLLEGE CONFLICT OF INTEREST POLICY ALSO COVERS THE K RAYMOND CLARK CHARITABLE TRUST, K RAYMOND CLARK ATHLETIC FACILITIES TRUST, K RAYMOND CLARK ALUMNI CENTER TRUST AND K RAYMOND CLARK RACQUET CENTER TRUST. THERE IS A RESOLUTION ADOPTING THAT POLICY AND THE CONFLICT OF INTEREST FOR EACH TRUST. COE COLLEGE REQUIRES ALL TRUSTEES, OFFICERS, KEY EMPLOYEES AND SUBSTANTIAL CONTRIBUTORS TO ANNUALLY COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE CONCERNING TRANSACTIONS WITH COE COLLEGE. THE CHIEF FINANCIAL OFFICER FOR THE COLLEGE RECEIVES COMPLETED QUESTIONNAIRES AND REVIEWS AND SUBMITS COMMENTS AND FINDINGS TO THE PRESIDENT OF THE COLLEGE AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BOARD THEN REVIEWS AND INFORMS THE FULL BOARD OF ANY ISSUES OR ACTIONS REQUIRED INCLUDING MONITORING WITH AN OVERSIGHT COMMITTEE IF NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENT ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COE COLLEGE 1220 FIRST AVENUE NE CEDAR RAPIDS IA 52402 420686467 EDUCATION IA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0