Muskingum University

“Change To Governing Documents The University approved changes to its Bylaws and to its Code of Regulations in 2019. The changes to the Bylaws include a redesigned committee structure to more closely align with the operations of the University; updated processes for election of officers, nominations of new trustees, and granting of emeritus status; and the future implementation of term limits, among other changes. The changes to the Code of Regulations were limited to the section pertaining to the Board of Trustees and were undertaken to bring the document into alignment with the revised Bylaws. FORM 990, PART VI, SECTION B, LINE 11A AN INDEPENDENT TAX PREPARATION FIRM IS ENGAGED TO ASSIST IN REVIEWING THE FORM 990 PREPARED BY THE UNIVERSITY BUSINESS OFFICE. UNIVERSITY MANAGEMENT REVIEWS THE FORM 990 FOR COMPLETENESS AND ACCURACY. PRIOR TO FILING, MANAGEMENT PRESENTS THE FORM 990 TO THE OFFICERS, AUDIT COMMITTEE AND CHAIRMAN OF THE FINANCE AND MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES. AFTER APPROVAL BY THE AUDIT COMMITTEE THE RETURN IS REVIEWED BY THE FULL BOARD. FORM 990 IS REVIEWED AND SIGNED BY THE VICE PRESIDENT FOR FINANCE and operations.”

“Under the university's conflict of interest policy, all trustees, officers, and key employees are required to file annual statements of disclosure. The president of the university and chair of the board reviews those statements for potential conflicts. Any actual or possible conflict of interest must be disclosed to the officers of the board of trustees and either the chair of the board's finance and management committee or another designee of the board's chair. After disclosure and discussion with the board officers, the board officers determine whether a conflict of interest exists. The interested person is not present for these determinations. The board officers shall then determine if further action regarding the transaction or arrangement is necessary, including the potential soliciation of alternative transactions or arrangements.”

“The compensation of all officers of the university is reviewed and approved annually by the executive committee of the board of trustees. Salary data is gathered from peer institutions to benchmark all officer compensation on an annual basis. Compensation is set within the constraints of the board of trustees' approved operating budget and salary pool. This process was last undertaken for the fiscal year 2019. The executive committee receives a report from the chairman on the president's compensation in relation to the president's long-term contract, including the opinion that the president's compensation and that of other officers is consistent with compensation data reported by peer colleges and universities.”

“The university's determination letter, articles of incorporation and code of regulations, conflict of interest policy, and financial statements are available via the university web page of the business office. (www.muskingum.edu/business)”

“Form 990, part xi, line 9 change in annuity obligation ($152,674) change in post retirement benefit obligation 51,215 total ..................................... 101,459”

“PROGRAMS OFFERED INCLUDE MASTER OF ARTS IN EDUCATION, WITH SPECIALIZATIONS; MASTER OF ARTS IN TEACHING, WITH SPECIALIZATIONS; MASTER OF INFORMATION STRATEGY, SYSTEMS AND TECHNOLOGY; ADULT DEGREE COMPLETION (Muskingum Adult Program) Offering certificate programs as well as Bachelor of Arts, Bachelor of Science and Bachelor of Science in Nursing degrees. During the fiscal year of ending June 30, 2019, 1,351 students were enrolled in the graduate and Continuing Studies program. In 2009, Muskingum began a BSN program for area RNs.”