Otterbein University

“The president reviews and approves compensation for the various vice presidents, but it does not get reviewed and approved by an authorized body of the organization and therefore this questions has been marked "no" as indicated in the instructions. The president does reference compensation studies, reviews other industry compensation compilations and compares compensation of those with similar expertise at comparable institutions.”

“During the fiscal year ended June 30, 2021, the organization amended their Code of Regulations (Bylaws) that give the board of trustees the right, at its sole discretion, to extend the terms of the Chairman and the Vice Chairman on the board by one additional year.”

“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. If a potential or actual conflict of interest is identified, the organization takes the appropriate action to address such conflict. The employee handbook has a conflict of interest statement that covers all employees of the University.”

“The President's compensation was reviewed by the Executive Committee of the Board of Trustees. The Executive Committee obtained and relied upon review of presidential compensation packages at comparable institutions and review of the market candidates with similar levels of expertise. This process is completed annually and deliberated and approved in executive session.”

“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.”

“The two student trustees listed in Part VII were compensated for part-time employment by the university. Neither were compensated for board member services.”

“Misc - Total Revenue: 201137, Related or Exempt Function Revenue: 201137, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(continued from form 990, part iii, line 4a) 57% of traditional aged students lived in campus housing in 2020-2021. 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.”

“(continued from core form part III, line 1) An Otterbein education is distinguished by the intentional blending of the liberal arts and professional studies, combined with a unique approach to integrating direct experience into all learning. Otterbein has been named to the President's Higher Education Community Service honor roll since the list's inception in 2006 and consistently stands in its category's top 15% in U.S. News & World Report's guide to "America's Best Colleges". Otterbein offers more than seventy undergraduate majors; five master's programs including a doctorate in nursing practice (DNP). It's picturesque campus is situated in Westerville, Ohio, America's fifth friendliest town (Forbes), just minutes from Columbus, Ohio the 14th largest city in the country by population. Otterbein's commitment to opportunity started with its founding in 1847 as one of the nation's first universities to welcome women and persons of color to its community of teachers and learners, which now numbers 2,700 undergraduate and graduate students. Otterbein remains committed to its relationship with the United Methodist Church and its spirit of inclusion, and welcomes people of all backgrounds.”

“Unrealized gains (loss) on perpetual trusts held by others - 132435; Change in value of split interest agreements - -32734;”