Otterbein University

“The organization does not have committees with authority to act on behalf of the governing body. As such, the organization has checked "no" to form 990, part vi, line 8b, in accordance with the instructions.”

“The audit committee of the board of trustees and the president of the university reviewed the completed form 990 in detail prior to filing with the irs. The entire board of trustees is given access to the filing copy prior to filing with the irs.”

“All board members and officers sign a conflict of interest disclosure form annually. Staff in the president's office review the signed forms for completeness and disclosure of conflicts. Any member who has a conflict of interest recuses himself or herself from the discussion and voting of the related topics at board meetings. All interested persons, including board members, officers, key employees and highly compensated individuals also complete an annual questionnaire regarding potential conflicts which might exist. The responses to this questionnaire are reviewed by the office of business affairs. The employee handbook has a conflict of interest statement that covers all employees of the university.”

“The board of trustees is responsible for setting compensation for the president. The board reviewed and approved the level of compensation for the current president based on various factors, including the review of presidential compensation packages at comparable institutions and review of the market for candidates with similar levels of expertise as the candidate. Board review and approval of the compensation for the current president is documented in the minutes of the board meeting. This process is completed each year. The executive committee of the board, in coordination with the president, establishes performance goals for each annual period; compensation increases are tied to annual performance reviews.”

“The university has conducted a comprehensive compensation study for all other employees and will do so annually. The president sets compensation for vice presidents using the compensation study, other industry compensation compilations and comparing similarly situated institutions. This process is completed annually.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code section 6104. These documents are not available to the public at this time.”

“(continued from core form part iii, line 1) founded in 1847, otterbein university is a private, coeducational, comprehensive university affiliated with the united methodist church that sponsors traditional and continuing education programs of liberal arts and professional education at baccalaureate and master's levels. Our commitment is to the liberal arts as the broad base of all learning. The university offers a choice of 81 majors and 44 minors, as well as individualized courses of study, in the context of a rich history of a liberal arts education. The university has 8 graduate programs in business administration, education, educational mathematics, nursing and allied health.”

“(continued from form 990, part iii, line 4a). To achieve these goals the university provides residence halls which contain living quarters to accommodate 1-4 people and have lounges, computer labs and on-site laundry facilities. 60% of traditional aged students lived in campus housing in 2013-2014. In support of the well being of the students living on campus and those commuting to classes, the university provides several meal and dining options. The university believes that to support its mission, it is important for students to maintain good health with proper nourishment.”

“Unrealized gain/loss on perpetual trusts held by others - 62792; change in value of split interest trusts - -36138;”