2025-05-13T17:27:07-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 2001 MARKET STREET STE 700 PHILADELPHIA PA 19103 990 2023-07-01 340714629 BALDWIN WALLACE UNIVERSITY BALD 4408268102 275 EASTLAND ROAD BEREA OH 440172088 GREGORY CINGLE CHIEF FINANCIAL OFFICER 4408268101 2025-05-13 1 1 ALYCIA SOLECKI P01272637 2155614200 2023 2025-03-06 01:10:19Z GREG FLANIK 275 EASTLAND ROAD BEREA OH 440172088 320566410 0 X WWW.BW.EDU X 1842 OH BALDWIN WALLACE UNIVERSITY PROVIDES UNDERGRADUATE HIGHER EDUCATION LEADING TO (SEE SCHEDULE O) THE BACHELOR DEGREE, AND GRADUATE EDUCATION AT THE MASTERS LEVEL IN SIX FIELDS. 43 42 2606 0 78840 28566 12123633 13229031 114346319 121581111 13553826 22964999 6944536 5097693 146968314 162872834 54960926 57345880 0 0 70804117 73391426 0 0 4271398 37460427 40138070 163225470 170875376 -16257156 -8002542 365225940 354112679 58105978 55082842 307119962 299029837 X SEE SCHEDULE OBALDWIN WALLACE UNIVERSITY IS AN ACADEMIC COMMUNITY COMMITTED TO THE LIBERAL ARTS AND SCIENCES AS THE FOUNDATION FOR LIFELONG LEARNING. THE UNIVERSITY FULFILLS THIS MISSION THROUGH A RIGOROUS ACADEMIC PROGRAM THAT IS CHARACTERIZED BY EXCELLENCE IN TEACHING AND LEARNING. IT MAINTAINS A CHALLENGING, SUPPORTIVE ENVIRONMENT THAT ENHANCES STUDENTS' INTELLECTUAL AND SPIRITUAL GROWTH. BALDWIN WALLACE ASSISTS STUDENTS IN THEIR PREPARATION TO BECOME CONTRIBUTING, COMPASSIONATE CITIZENS OF AN INCREASINGLY GLOBAL SOCIETY AND ENCOURAGES THEIR PURSUIT OF PERSONAL AND PROFESSIONAL EXCELLENCE. 0 0 67231052 0 112860625 EDUCATION OF 2,724 FULL-TIME UNDERGRADUATE STUDENTS, 100 PART-TIME UNDERGRADUATES, AND 503 GRADUATE STUDENTS, PLUS CERTIFICATE PROGRAMS AND FACULTY SCHOLARLY RESEARCH. UNDERGRADUATE DEGREES OFFERED ARE THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, AND BACHELOR OF SCIENCE IN NURSING. THE GRADUATE PROGRAMS LEAD TO THE DEGREES OF MASTER OF ACCOUNTANCY, MASTER OF ARTS IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF MEDICAL SCIENCE (PHYSICIAN ASSISTANT), MASTER OF PUBLIC HEALTH, AND MASTER OF SCIENCE (SPEECH LANGUAGE PATHOLOGY AND EXERCISE PHYSIOLOGY). 57345880 57345880 0 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID GRANTS TO STUDENTS ACTIVELY ENROLLED IN THE UNIVERSITY. 23493170 0 13733137 AUXILIARY SERVICES AND ACTIVITIES FOR STUDENTS, INCLUDING RESIDENCE HALLS HOUSING 1,392 FULL-TIME STUDENTS, DINING HALLS, BOOKSTORE, ATHLETICS, STUDENT UNION, RECREATION CENTER, AND HEALTH CENTER. 148070102 1 1 0 0 0 1 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 426 0 1 2606 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 43 42 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CO MD MA MI NH OH SC X KRISTINA WAID 4408268102 275 EASTLAND ROAD BEREA OH 44017 ROBERT C HELMER PRESIDENT 50.00 0.00 X X 449214 0 63945 LEE THOMAS CHAIR 5.00 0.00 X X 0 0 0 VINCENT K PETRELLA VICE CHAIR 5.00 0.00 X X 0 0 0 GABRIELLE ARYEETEY TRUSTEE 2.00 0.00 X 0 0 0 STANLEY BALL TRUSTEE 2.00 0.00 X 0 0 0 DUANE BISHOP TRUSTEE 2.00 0.00 X 0 0 0 SUSAN BIXLER TRUSTEE 2.00 0.00 X 0 0 0 DONALD W BOGUS TRUSTEE 2.00 0.00 X 0 0 0 PAUL H CARLETON TRUSTEE 2.00 0.00 X 0 0 0 PAUL G CLARK TRUSTEE 2.00 0.00 X 0 0 0 PAMELA DUNN CONNOLLY TRUSTEE 2.00 0.00 X 0 0 0 ROBIN C COTTINGHAM TRUSTEE 2.00 0.00 X 0 0 0 TIM COWEN TRUSTEE 2.00 0.00 X 0 0 0 RYAN R CROSS TRUSTEE 2.00 0.00 X 0 0 0 JAMES MILLER DAVIDSON TRUSTEE 2.00 0.00 X 0 0 0 RICHARD DESICH TRUSTEE 2.00 0.00 X 0 0 0 AGNES P DOVER TRUSTEE 2.00 0.00 X 0 0 0 LUTUL D FARROW TRUSTEE 2.00 0.00 X 0 0 0 BANNETT GAINES TRUSTEE 2.00 0.00 X 0 0 0 DANIEL C HAGEN TRUSTEE 2.00 0.00 X 0 0 0 JOHN W HOYT TRUSTEE 2.00 0.00 X 0 0 0 DAVID JENKINS TRUSTEE 2.00 0.00 X 0 0 0 JOHN W KROPF TRUSTEE 2.00 0.00 X 0 0 0 RON LEONHARDT TRUSTEE 2.00 0.00 X 0 0 0 DEBRA LYONS TRUSTEE 2.00 0.00 X 0 0 0 NORA MAHONEY TRUSTEE 2.00 0.00 X 0 0 0 DAVID F MARTIN TRUSTEE 2.00 0.00 X 0 0 0 WADE I MASSAD TRUSTEE 2.00 0.00 X 0 0 0 JOE MATUSZEWSKI TRUSTEE 2.00 0.00 X 0 0 0 JOHN MICKLITSCH TRUSTEE 2.00 0.00 X 0 0 0 EDWARD NAPOLEON JR TRUSTEE 2.00 0.00 X 0 0 0 PETER V NEFFENGER TRUSTEE 2.00 0.00 X 0 0 0 PETER REA TRUSTEE 2.00 0.00 X 0 0 0 CHARLES E ROTUNO TRUSTEE 2.00 0.00 X 0 0 0 MALISSE SINITO TRUSTEE 2.00 0.00 X 0 0 0 BROOKE SIRAK TRUSTEE 2.00 0.00 X 0 0 0 KRIS SMEAGE TRUSTEE 2.00 0.00 X 0 0 0 MARK H SUMMERS TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM B SUMMERS JR TRUSTEE 2.00 0.00 X 0 0 0 JIM TRESSEL TRUSTEE 2.00 0.00 X 0 0 0 FLOYD A TROUTEN TRUSTEE 2.00 0.00 X 0 0 0 SUSAN L ZANETTI TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER M ZITO TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM M RENIFF THRU AUG 2023 V.P. FOR FINANCE & TREASURER 50.00 0.00 X X 135462 0 20847 STEPHEN D STAHL PROVOST (THRU 12/2023) 50.00 0.00 X 203368 0 49425 THOMAS SUTTON INTERIM PROVOST (AS OF 01/2024) 50.00 0.00 X 124855 0 47478 TIMEKA RASHID V.P FOR STUDENT AFFAIRS 50.00 0.00 X 176399 0 38902 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 50.00 0.00 X 191371 0 61758 ELLEN ZEGARRA V.P. FOR PHILANTHROPY 50.00 0.00 X 207873 0 37940 GREGORY FLANIK VP FOR OPERATIONS (AS OF 07/2023) 50.00 0.00 X 170577 0 33714 GREGORY M CONGLE CFO (AS OF 07/2023) 50.00 0.00 X 132202 0 8452 MICHELLE MOSCARINO SECRETARY 5.00 0.00 X 0 0 0 JARED PENNINGTON ASSOCIATE DEAN 45.00 0.00 X 164460 0 49074 COLLEEN VISCONTI PROFESSOR 45.00 0.00 X 181840 0 23633 CHRISTIAN NASH PROFESSOR 45.00 0.00 X 164965 0 45282 LORI RADULOVICH PROFESSOR 45.00 0.00 X 180784 0 17808 VEN OCHAYA PROFESSOR 45.00 0.00 X 176186 0 6660 2659556 0 504918 114 0 1 0 ALBERT M HIGLEY COMPANY 3636 EUCLID AVENUE CLEVELAND OH 44115 CONSTRUCTION 2494128 WEST SHORE MECHANICAL 55 LOU GROZZA BLVD BEREA OH 44017 MAINTENANCE AND REPAIRS 1639275 ELLUCIAN COMPANY LP 2003 EDMIND HALLEY DRIVE RESTON VA 20191 SOFTWARE 504447 CLE HEATING COOLING 7666 RAGALL PARKWWAY CLEVELAND OH 441306410 MAINTENANCE AND REPAIRS 305270 TIMELY TELEHEALTH 1315 S ADAMS STREET FORT WORTH TX 761044404 IT CONSULTANT 183201 9 3016489 10212542 161794 13229031 TUITION AND FEES 616000 111499871 111499871 STUDENT RESIDENCE HALLS 611710 8633401 8633401 SPONSORED PROG & RESEARCH 616000 1360754 1360754 CONCERT & THEATRE TICKET 711110 77553 77553 ATHLETIC TICKETS 711210 9532 9532 121581111 1413234 -3522 1416756 107000 21958 85042 85042 85042 175033075 145928 153554182 73056 21478893 72872 21551765 21551765 8648502 4044380 4604122 82362 4521760 FACILITIES USE 812930 119348 119348 LAUNDRY VENDING 812300 48000 48000 STUDENT/EMPLOYEE PARKING 900099 36175 36175 205006 205006 408529 162872834 121581111 78840 27983852 57345880 57345880 1846129 239489 1338198 268442 54006382 46839791 5459959 1706632 2725804 2289675 319093 117036 10847672 9378908 1003007 465757 3965439 3330968 464210 170261 401199 401199 184330 184330 146460 146460 2414287 1003401 1410886 690946 19503 671443 5045828 2831818 1555702 658308 2843066 1586721 923879 332466 9008 9008 7512462 7287088 150249 75125 2835507 2712110 66688 56709 172876 141754 3277 27845 2005019 2005019 10654586 10334948 213092 106546 1143639 164197 979442 STUD LIFE & ALUMNI EVEN 873504 435097 217237 221170 OFF-CAMPUS TUITION 443315 443315 MEMBERSHIPS 404357 183149 220088 1120 RECTRUITMENT 377236 377236 1980445 1116046 800418 63981 170875376 148070102 18533876 4271398 508636 4299019 12009067 21707304 3592544 2088216 3890974 4730415 1791279 1745210 1167102 1480712 324536234 166378026 156549018 158158208 129193561 100151794 25153065 25672268 10892670 8261774 20478024 25817759 365225940 354112679 7003314 5980299 1746780 1688601 16560000 15320000 26096947 25542867 6698937 6551075 58105978 55082842 X 99828603 72895881 207291359 226133956 307119962 299029837 365225940 354112679 -8002542 1244214 -1331797 0 X 0 1 X 1 1 1 X 23360018 24496090 19524936 12123633 13229031 92733708 23360018 24496090 19524936 12123633 13229031 92733708 13469141 79264567 2047907 640543 1144287 794217 1416756 6043710 51589 -12784 16714 0 0 55519 98832937 616614781 0.80200 0.76480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 60000 202810 1 1 X X X ART INSTRUCTION 0 167791194 3347683 18992037 3143589 7119713 179867612 163274965 2796841 13454491 3243652 8491451 167791194 185684102 2567838 -15761747 3177952 6037276 163274965 152459959 2852061 39246818 2904704 5970032 185684102 154306179 1876687 5416544 2794730 6344721 152459959 0.03000 0.97000 0 0 18941823 18941823 278812643 151092746 127719897 26781768 15285280 11496488 158158208 ALTERNATIVE FUNDS 25672268 F 25672268 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 20773854 CASH IN ESCROW 2984913 OPERATING LEASES 2058992 25817759 ANNUITY OBLIGATIONS 2551040 LEASE OBLIGATIONS 2058992 ASSET IMPAIRMENT ESTIMATES 1021522 FUNDS HELD FOR STUDENT GROUPS 802395 US GOV. ADVANCES FOR PERKINS LOANS 117126 6551075 X PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE: CONTRIBUTIONS OF ASSETS OTHER THAN CASH ARE RECORDED AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF GIFT, EXCEPT THAT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED. ALLOWANCE IS MADE FOR DOUBTFUL COLLECTION OF CONTRIBUTIONS RECEIVABLE BASED UPON MANAGEMENT'S JUDGMENT AND ANALYSIS OF THE CREDITWORTHINESS OF THE DONORS PAST COLLECTION EXPERIENCE AND OTHER RELEVANT FACTORS. PART III, LINE 4: DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE UNIVERSITY'S ART COLLECTION CONSISTS OF PAINTINGS, DRAWINGS, SCULPTURES, LITHOGRAPHS, ENGRAVINGS, AND WOODCUTS. THE UNIVERSITY HAS AN ART DEPARTMENT THAT USES THESE MATERIALS IN INSTRUCTION AND SCHOLARLY RESEARCH. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS THE CONSISTENT USES OF THE UNIVERSITY'S ENDOWMENT ARE TO PROVIDE FUNDS FOR FACULTY SALARIES, THE PURCHASE OF LIBRARY BOOKS AND OTHER MEDIA, FINANCIAL AID GRANTS TO ENROLLED STUDENTS, AND GENERAL SUPPORT. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY USES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. TAX PROVISIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. BASED ON UNIVERSITY'S EVALUATION, NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED AS OF JUNE 30, 2024 AND 2023. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY BALDWIN WALLACE UNIVERSITY DRAWS STUDENTS NATIONWIDE AND WORLDWIDE, BUT A SIGNIFICANT NUMBER COME FROM NORTHEAST OHIO. THEREFORE, THE UNIVERSITY ADVERTISES IN THIS AREA AND INCLUDES THE REV. PROC. 75-50 OR SIMILAR WORDING IN ALL ADVERTISEMENTS. FURTHERMORE, THE UNIVERSITY PLACES THE 4.03 NOTICE ANNUALLY IN THE PLAIN DEALER. HTTPS://WWW.BW.EDU/ASSETS/POLICIES/POLICY-EQUAL-OPPORTUNITY-HARASSMENT-N ONDISCRIMINATION.PDF SCHEDULE E, PART I, LINE 6A GOVERNMENT ASSISTANCE BALDWIN WALLACE UNIVERSITY RECEIVES FEDERAL AND STATE GOVERNMENT GRANTS FOR SPECIFIC PURPOSES AND PROJECTS. THESE INCLUDE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK STUDY, OTHER STUDENT FINANCIAL AID FUNDS, UPWARD BOUND, RESEARCH, AND OTHER SPECIFIC INSTRUCTION PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 6160412 0 0 0 0 0 0 6160412 0 6160412 1 0 1 1 0 0 PART I, LINE 3: ACCOUNTING METHOD USED FOR INVESTMENTS IS BOOK VALUE AT END OF REPORTING YEAR 1 NEED BASED AID AND MERIT SCHOLARSHIPS TO ENROLLED STUDENTS 2938 57345880 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. BALDWIN WALLACE UNIVERSITY AWARDS SCHOLARSHIPS AND MAKES NEED-BASED FINANCIAL AID GRANTS ONLY TO ITS OWN ENROLLED STUDENTS. THE AWARDS CONSTITUTE PART OF THE COST OF ATTENDING. ADDITIONAL NEED-BASED AID USUALLY CONSISTS OF FEDERAL DIRECT STUDENT LOANS AND COLLEGE WORK STUDY FOR JOBS ON CAMPUS. THE STUDENT FINANCIAL AID OFFICE MAKES NEED-BASED GRANTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED USING NATIONALLY ACCEPTED FORMS AND METHODS. THE SAME OFFICE AWARDS MERIT SCHOLARSHIPS USING BALDWIN WALLACE CRITERIA. THE UNIVERSITY DISBURSES THE GRANTS AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS, OFFSETTING AMOUNTS BILLED FOR TUITION AND OTHER FEES. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT C HELMER PRESIDENT 442014 0 0 0 7200 0 28194 0 35751 0 513159 0 0 0 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 191371 0 0 0 0 0 15999 0 45759 0 253129 0 0 0 STEPHEN D STAHL PROVOST (THRU 12/2023) 203368 0 0 0 0 0 16721 0 32704 0 252793 0 0 0 ELLEN ZEGARRA V.P. FOR PHILANTHROPY 207873 0 0 0 0 0 16735 0 21205 0 245813 0 0 0 TIMEKA RASHID V.P FOR STUDENT AFFAIRS 176399 0 0 0 0 0 13737 0 25165 0 215301 0 0 0 JARED PENNINGTON ASSOCIATE DEAN 164460 0 0 0 0 0 11428 0 37646 0 213534 0 0 0 CHRISTIAN NASH PROFESSOR 164965 0 0 0 0 0 7634 0 37648 0 210247 0 0 0 COLLEEN VISCONTI PROFESSOR 181840 0 0 0 0 0 10178 0 13455 0 205473 0 0 0 GREGORY FLANIK VP FOR OPERATIONS (AS OF 07/2023) 170577 0 0 0 0 0 12351 0 21363 0 204291 0 0 0 LORI RADULOVICH PROFESSOR 180784 0 0 0 0 0 9730 0 8078 0 198592 0 0 0 VEN OCHAYA PROFESSOR 176186 0 0 0 0 0 6660 0 0 0 182846 0 0 0 THOMAS SUTTON INTERIM PROVOST (AS OF 01/2024) 124855 0 0 0 0 0 9236 0 38242 0 172333 0 0 0 WILLIAM M RENIFF THRU AUG 2023 V.P. FOR FINANCE & TREASURER 135462 0 0 0 0 0 9755 0 11092 0 156309 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND HIS WIFE LIVE IN A UNIVERSITY HOUSE LOCATED ON CAMPUS. THEY USE THE HOUSE FOR UNIVERSITY MEETINGS, RECEPTIONS, AND OTHER RELATED FUNCTIONS. UNIVERSITY CUSTODIANS CLEAN THE FIRST FLOOR COMMON ROOMS BUT NOT THE FAMILY PRIVATE ROOMS. HEALTH OR SOCIAL CLUB DUES THE PRESIDENT HAS A MEMBERSHIP TO THE UNION CLUB OF CLEVELAND THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. THE CHIEF FINANCIAL OFFICER REVIEWS ALL UNION CLUB INVOICES FOR BUSINESS PURPOSE. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756A7F3 2012-11-29 16025000 RENOVATION AND REFUNDING 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DK39 2022-11-16 9900700 RENOVATION 0 0 0 A 16853660 11164863 152238 5536469 2013 0 1 1 1 B 9900700 237250 8704133 959317 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 1 B 0 1 0 0 0 0 0 1 A 0 B 0 X 8 90794 FMV X STEINWAY PIANO 1 71000 SELLING PRICE 0 1 0 PART I, COLUMN (B): SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS THE ORGANZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD WHEN THE BOARD IS NOT IN SESSION IN ALL MATTERS EXCEPT ELECTION OF BOARD OFFICERS AND APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY. IT CONSISTS OF THE OFFICERS OF THE BOARD, COMMITTEE CHAIRS, THE PRESIDENT OF THE UNIVERSITY, AND MAY INCLUDE AT LARGE MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS TRUSTEES MARK H. SUMMERS AND WILLIAM B. SUMMERS, JR. ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER PERFORMS AN INITIAL, DETAILED REVIEW OF THE FORM 990 DRAFT. HE THEN SENDS A COPY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. THIS IS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ALL MEMBERS OF THE BOARD OF TRUSTEES MUST SUBMIT ANNUALLY A WRITTEN AND SIGNED STATEMENT DISCLOSING ANY SITUATION WHICH MAY BE, OR MAY BE CONSIDERED TO BE, A CONFLICT OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IF THEY HAVE NOTHING TO REPORT, THEY MUST CHECK A PRINTED STATEMENT TO THAT EFFECT. THE CHIEF FINANCIAL OFFICER REVIEWS THE CONFLICT OF INTEREST STATEMENTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEW AND APPROVE THE COMPENSATION FOR ALL OFFICERS ANNUALLY. THE COMPENSATION COMMITTEE MEETS FIRST WITH THE CHIEF FINANCIAL OFFICER, WHO PROVIDES IT WITH COMPARABILITY DATA AND ANSWERS QUESTIONS. THE COMPENSATION COMMITTEE THEN MEETS WITH THE PRESIDENT OF THE UNIVERSITY (THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL), TO DISCUSS HIS PERFORMANCE, RECEIVE THE PRESIDENT'S VIEWS OF THE PERFORMANCE AND RECOMMENDATIONS OF APPROPRIATE COMPENSATION LEVELS FOR THE OFFICERS OF THE UNIVERSITY OTHER THAN HIMSELF. THE COMPENSATION COMMITTEE THEN CONTINUES IN EXECUTIVE SESSION TO SET THE COMPENSATION FOR THE PRESIDENT AND TO APPROVE (WITH ADJUSTMENT IF CONSIDERED APPROPRIATE) THE RECOMMENDATIONS OF THE PRESIDENT REGARDING THE COMPENSATION OF THE FOLLOWING OFFICERS OF THE UNIVERSITY: PROVOST, VP FOR STUDENT AFFAIRS, VP FOR OPERATIONS, CHIEF FINANCIAL OFFICER, VP FOR ENROLLMENT MANAGEMENT, AND THE VP FOR PHILANTHROPY AND ALUMNI ENGAGEMENT. THE COMPENSATION COMMITTEE THEN REPORTS ITS CONCLUSIONS AND THE BASIS THEREFORE, TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS FINAL APPROVAL AUTHORITY WITH RESPECT TO COMPENSATION DETERMINATION. THE COMMITTEES LAST MET ON COMPENSATION MATTERS IN 2024. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BALDWIN WALLACE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. THE UNIVERSITY PROVIDES A PAPER COPY OF ITS BYLAWS TO ANYONE WHO ASKS. NC HOUSING LLC 275 EASTLAND ROAD BEREA OH 44017 871802630 REAL ESTATE OH NC HOUSING MANAGING MEMBER LLC RELATED 0 1 0.90000 NC HOUSING MASTER TENANT LLC 275 EASTLAND ROAD BEREA OH 44017 883206424 REAL ESTATE OH NC HOUSING MANAGING MEMBER LLC RELATED 0 1 0.01000 CHARITABLE REMAINDER TRUST (11) INVESTMENTS OH T 0 NC HOUSING MANAGING MEMBER LLC 275 EASTLAND ROAD BEREA OH 44017 883214167 REAL ESTATE OH BALDWIN WALLACE UNIVERSITY C 105096 5550268 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0