Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
College and University Trust Association
EIN 43-1378020 • 501(c)3 • Colchester, VT
Profile
The association's general objective is to formulate, develop, and administer on behalf of its members an insurance program and comprehensive loss control program.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.48x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$11,707,324
No earlier filing loaded for comparison.
Liabilities
$5,626,981
No earlier filing loaded for comparison.
Net Assets
$6,080,343
No earlier filing loaded for comparison.
Revenue
$4,360,083
No earlier filing loaded for comparison.
Expenses
$3,706,327
No earlier filing loaded for comparison.
Net Income
$653,756
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $11,707,324
- Liabilities
- $5,626,981
- Net assets
- $6,080,343
- Revenue
- $4,360,083
- Expenses
- $3,706,327
- Net income
- $653,756
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Jan 12, 2022
- Return Version
- 2020v4.1
- Gross Receipts
- $11,982,658
Mission and Program Overview
Mission
The association's general objective is to formulate, develop, and administer on behalf of its members an insurance program and comprehensive loss control program.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $7,924,277 | $6,372,887 | ▼ $1,551,390 |
| Savings and Temporary Cash Investments | $3,630,920 | $4,867,245 | ▲ $1,236,325 |
| Cash and Non-Interest-Bearing Accounts | $80,945 | $378,253 | ▲ $297,308 |
| Prepaid Expenses and Deferred Charges | $16,000 | $32,200 | ▲ $16,200 |
| Accounts Receivable | $63,314 | $26,489 | ▼ $36,825 |
| Total Assets | $11,753,182 | $11,707,324 | ▼ $45,858 |
| Other Assets Total | $37,726 | $30,250 | ▼ $7,476 |
| Liabilities | |||
| Other Liabilities | $5,401,024 | $5,589,892 | ▲ $188,868 |
| Accounts Payable and Accrued Expenses | $42,344 | $37,089 | ▼ $5,255 |
| Total Liabilities | $5,443,368 | $5,626,981 | ▲ $183,613 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $6,309,814 | $6,080,343 | ▼ $229,471 |
| Total Net Assets Fund Balance | $6,309,814 | $6,080,343 | ▼ $229,471 |
| Total Liabilities and Net Assets / Fund Balance | $11,753,182 | $11,707,324 | ▼ $45,858 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| - | Chair |
| - | Vice Chair |
| - | Trustee |
| Clifford Jarvis | Trustee |
| Julie Houseworth | Trustee |
| Nikki Payne | Trustee |
| - | Secretary/treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $4,147,787
- Investment Income
- $212,296
- Other Revenue
- $0
- Change in Net Assets
- $653,756
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $4,359,963
- Revenue Not Reported on Financial Statements
- $120
- Revenue Not Reported on Form 990
- $116,773
- Total Revenue per Audited Statements
- $4,476,736
- Total Revenue per Form 990
- $4,360,083
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $3,706,327 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Insurance | $549,834 | - | - | $549,834 |
| Fees for Services Management | $32,085 | $32,085 | - | $64,170 |
| Fees for Service Investment Mgmnt Fees | $37,597 | - | - | $37,597 |
| Fees for Services Accounting | $32,300 | - | - | $32,300 |
| Other Expenses | $32,000 | - | - | $32,000 |
| All Other Expenses | $19,136 | - | - | $19,136 |
| Fees for Services Other | $13,450 | - | - | $13,450 |
| Office Expenses | $3,620 | $3,619 | - | $7,239 |
| Fees for Services Legal | $258 | - | - | $258 |
| Total Functional Expenses | $3,670,623 | $35,704 | $0 | $3,706,327 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $3,706,327 |
| Expenses per Audited Statements | $3,706,207 |
| Total Expenses per Audited Statements | $3,706,207 |
| Expenses Not Reported on Financial Statements | $120 |
| Expenses Not Reported on Form 990 | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Reserve for Claim Losses | $4,923,473 |
| Due to Members | $329,725 |
| Due to Curma | $262,213 |
| State Insurance Premium Tax Payable | $39,614 |
| Surplus Distributions Payable | $34,867 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Members of the association include missouri colleges and universities.”
Form 990, Part VI, Section A, Line 7A
“Each member institution appoints an individual to be its representative on the governing body of the association.”
Form 990, Part VI, Section B, Line 11B
“The irs form 990 is prepared by the association's cpa firm and a draft is provided to the finance committee members for approval. Once approved by the finance committee, an officer of cuta signs the approved form 990, and a copy is then provided to all members of the board of trustees before the form 990 is filed.”
Form 990, Part VI, Section B, Line 12C
“Persons covered by the conflict of interest policy must annually execute a disclosure statement and must disclose to or update the chairman of the board of trustees (on a form provided by the organization) any interest that could give rise to a conflict of interest, including indirect benefits to family members. Such conflict of interest must include but are not limited to business or investment holdings other transactions or affiliations with businesses and other organizations of the disclosing party and/or family members. For each conflict of interest disclosed to the chairman of the board of trustees, the chairman will make full disclosure to the board of trustees who will discuss the details and nature of the conflict. The chairman shall, in his or her discretion, ask the disclosing party to recuse from participation and related discussions or decisions within the organization. The chairman of the board of trustees shall determine an appropriate action to be taken which may include asking the person to resign from his or her position in the organization. If such person refuses to resign, or otherwise follow the recommendations of the trustees, that person may become subject to removal in accordance with the removal procedures of the organization. The trust administrator of the organization shall monitor proposed or ongoing transactions to determine whether conflicts of interest exist and to disclose them to the chairman of the board in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”
Form 990, Part VI, Section C, Line 19
“The governing documents, conflict of interest policy, and financial statements are available to the public, upon request.”
Filing and Contact Details
Filer
- Filer Name
- College and University Trust Association
- EIN
- 43-1378020
- Phone
- 6365307783
- Address
- 463 MOUNTAIN VIEW DR STE 301 3R, COLCHESTER, VT 05446
Signing Officer
- Name
- Nikki Payne
- Title
- Chair
- Phone
- 6365307783
- Signed
- 2022-01-12
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Nikki Payne
- Formed
- 1984
- Legal Domicile
- Mo
- Voting Board Members
- 15
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Anders Minkler Huber & Helm Llp
- Address
- 800 MARKET STREET SUITE 500, ST LOUIS, MO 63101-2501
- Preparer
- Mark G Hinsen
- Phone
- 3146555500
Supplemental Narrative
Additional Explanations
FORM 990, PART XI, LINE 9:
“Surplus distributions approved -1,000,000.”
Form 990, Part XII, Line 2C
“The process for the oversight of the audit and the selection of an independent accountant has not changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“The association is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the "code"), except on net income derived from unrelated business activities as defined in the code. Accordingly, the association files as a tax exempt organization. The association follows guidance issued by the fasb on accounting for income taxes and has evaluated its tax positions, expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings, and believes that no provision for income taxes is necessary to cover any uncertain tax positions. The association's returns for tax years 2017 and later remain subject to examination by taxing authorities.”
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | SECRETARY/TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1984 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 935 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 7623510 |
| IRS990/GrossReceiptsAmt | 0 | 11982658 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 549834 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 549834 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 211361 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 211361 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 7924277 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 6372887 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MO |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 7622575 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ASSOCIATION'S GENERAL OBJECTIVE IS TO FORMULATE, DEVELOP, AND ADMINISTER ON BEHALF OF ITS MEMBERS AN INSURANCE PROGRAM AND COMPREHENSIVE LOSS CONTROL PROGRAM. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6309814 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6080343 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 935 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 935 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 116773 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6309814 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6080343 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3619 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3620 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7239 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 37726 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 30250 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1000000 |
| IRS990/OtherExpensesGrp/Desc | 0 | CLAIMS EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | STATE INSURANCE PREMIUM |
| IRS990/OtherExpensesGrp/Desc | 2 | CLAIMS ADMINISTRATION |
| IRS990/OtherExpensesGrp/Desc | 3 | LOSS PREVENTION |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2610000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 216481 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 123862 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 32000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2610000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 216481 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 123862 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 32000 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 5401024 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 5589892 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16000 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 32200 |
| IRS990/PrincipalOfficerNm | 0 | NIKKI PAYNE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 524298 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INSURANCE PREMIUMS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4147787 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4147787 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 237936 |
| IRS990/PYOtherExpensesAmt | 0 | 4474069 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3870853 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -365280 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 4474069 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4108789 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 653756 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 4147787 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3630920 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4867245 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd | 0 | X |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE BOARD OF TRUSTEES CONSISTS OF ONE TRUSTEE SELECTED BY EACH SUPPORTED ORGANIZATION. THE BOARD OF TRUSTEES THEN SELECTS TRUSTEES TO FORM THE FINANCE COMMITTEE WHICH IS RESPONSIBLE FOR THE INVESTMENT MANAGEMENT AND CONTROL OF ALL THE ASSETS OF THE FUND. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE ORGANIZATION PROVIDES A CENTRAL SOURCE FOR INSURING AND MANAGING RISKS AT A BETTER RATE THAN WOULD BE AVAILABLE TO ANY OF THE SUPPORTED ORGANIZATIONS. THE SUPPORTED ORGANIZATIONS WOULD BE RESPONSIBLE FOR MANAGING RISKS IF IT WAS NOT FOR THE COLLEGE AND UNIVERSITY TRUST ASSOCIATION PROVIDING A GLOBAL BASIS FOR THE SUPPORTED ORGANIZATIONS. THE SUPPORTED ORGANIZATIONS THAT HAVE UTILIZED CUTA INCLUDE: - CENTRAL METHODIST UNIVERSITY - COLUMBIA COLLEGE - COVENANT THEOLOGICAL SEMINARY - CULVER-STOCKTON COLLEGE - LOGAN UNIVERSITY DBA LOGAN COLLEGE OF CHIROPRACTIC - MARYVILLE UNIVERSITY - RANKEN TECHNICAL COLLEGE - ROCKHURST UNIVERSITY - ST. LOUIS COLLEGE OF PHARMACY - SOUTHWEST BAPTIST UNIVERSITY - STEPHENS COLLEGE - WASHINGTON UNIVERSITY - WESTMINSTER COLLEGE - WILLIAM JEWEL COLLEGE - WILLIAM WOODS UNVERSITY |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 2 | THE ORGANIZATION PROVIDES SERVICES ON A GLOBAL BASIS FOR THE SUPPORTED ORGANIZATIONS THAT OTHERWISE WOULD HAVE TO BE PROVIDED BY ON A INSTITUTION BY INSTITUTION BASIS. THE SUPPORTED ORGANIZATIONS WOULD BE RESPONSIBLE FOR MANAGING AND INSURING RISKS IF IT WAS NOT FOR THE SERVICES OFFERED BY THE COLLEGE AND UNIVERSITY TRUST ASSOCIATION. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART IV, SECTION D, QUESTION 3 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION E, LINE 2A: |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 2 | PART IV, SECTION E, LINE 2B: |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 15 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 15 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 430654854 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 1 | 430655867 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 2 | 430863116 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 3 | 430610813 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 4 | 430746185 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 5 | 430653369 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 6 | 430471057 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 7 | 440545813 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 8 | 430652675 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 9 | 440567385 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 10 | 430670936 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 11 | 430653611 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 12 | 440545914 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 13 | 430654876 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 14 | 430652617 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 1 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 2 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 3 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 4 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 5 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 6 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 7 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 8 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 9 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 10 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 11 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 12 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 13 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 14 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 1 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 2 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 3 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 4 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 5 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 6 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 7 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 8 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 9 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 10 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 11 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 12 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 13 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 14 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 2 | 0 |
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