Buena Vista University in Storm Lake, Iowa (IA)

Organization representatives - add corrected or new information about Buena Vista University »

Non-representatives - add comments about Buena Vista University»

Buena Vista University
Employer Identification Number (EIN)420680404
Name of OrganizationBuena Vista University
Address610 W 4th St, Storm Lake, IA 50588-1713
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date08/1939
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$207,497,147
Amount of Income$199,715,404
Form 990 Revenue Amount$66,944,193
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


Non-representatives - add comments:


CAPTCHA

Your IP address 3.215.177.171 will be logged.

Amount of income in 2014: $199,715,404
This organization: 

 $199,715,404
Other organizations performing similar types of work: 

 $66,253,053

Assets in 2014: $207,497,147
This organization: 

 $207,497,147
Other organizations performing similar types of work: 

 $118,174,264

Expenses in 2013: $59,148,889
This organization: 

 $59,148,889
Other organizations performing similar types of work: 

 $52,716,293

Income to expenses ratio in 2013: 3.4
Buena Vista University: 

 3.4
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 84.5%
Buena Vista University: 

 84.5%
Other organizations performing similar types of work: 

 83.2%

Number of employees in 2013: 1,732
Buena Vista University: 

 1,732
Other organizations performing similar types of work: 

 1,113

Employees paid over $100,000 in 2013: 1.3%
Buena Vista University: 

 1.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 6.1%
This organization: 

 6.1%
Other organizations performing similar types of work: 

 4.4%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?Yes
Is the organization required to complete Schedule B, Schedule of Contributors?Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?Yes
Did the organization report an amount for land, buildings, and equipment?Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?Yes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?No
Did the organization report an amount for other assets that is 5% or more of its total assets?No
Did the organization report an amount for other liabilities?Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?Yes
Did the organization obtain separate, independent audited financial statements for the tax year?Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?No
Is the organization a school described in section 170(b)(1)(A)(ii)?Yes
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?No
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?Yes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?No
Did the organization receive more than $25,000 in non-cash contributions?Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?Yes
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?Yes
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
20122013
The number reported in Box 3 of Form 1096135
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1,732
Did the organization file all required federal employment tax returns?Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYes
Has it filed a Form 990-T for this year?Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?No
Did the organization notify the donor of the value of the goods or services provided?No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities $0$0
Gross income from members or shareholders$0$0
Gross income from other sources$0$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$1,515,680
Total reportable compensation from related organizations$0
Total estimated amount of other compensation from the organization and related organizations$259,788
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization12
Statement of Revenue
20122013
Total revenue$55,114,730$57,757,156
Contributions, Gifts, Grants and Other Similar Amounts$3,534,007$3,514,640
Program Service Revenue$49,142,990$48,879,762
611600$40,866,411
Educational Support Services$6,602,757
Educational Support Services$1,338,942
Educational Support Services$71,652
All other program service revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,268,408$4,021,126
Income from investment of tax-exempt bond proceeds$0$0
Royalties$0$0
Net rental income$0$0
Net gain/loss from sales of assets other than inventory$-1,079,432$1,077,101
Gross amount from sales of assets other than inventory (Securities / Other)$17,188,935 / $0$36,256,226 / $0
Less: cost or other basis and sales expenses (Securities / Other)$18,268,367 / $0$35,179,125 / $0
Gain or (loss) (Securities / Other)$-1,079,432 / $0$1,077,101 / $0
Net income/loss from fundraising events$0$0
Net income/loss from gaming activities$0$0
Net income/loss from sales of inventory$0$0
Miscellaneous Revenue$248,757$264,527
721000$276,575
Fitness and Recreational Sports Centers $5,109
Periodical Publishers $201
All other revenue$-17,358
Statement of Functional Expenses
20122013
Total functional expenses$58,709,225$59,148,889
Grants and other assistance to domestic organizations and domestic governments$0
Grants and other assistance to domestic individuals$13,114,399
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$1,202,947$1,174,968
Compensation not included above, to disqualified persons$0
Other salaries and wages$19,444,905$18,818,910
Pension plan accruals and contributions$1,163,484
Other employee benefits$2,598,643
Payroll taxes$1,540,220$1,322,374
Fees for services (non-employees)
Management$0
Legal$120,440
Accounting$92,700
Lobbying$0
Professional fundraising services$0$0
Investment management fees$383,096
Other$1,779,553
Advertising and promotion$190,390
Office expenses$1,601,027
Information technology$780,913
Royalties$0
Occupancy$1,372,836
Travel$1,059,465
Payments of travel or entertainment expenses for any federal, state, or local public officials$0
Conferences, conventions, and meetings$1,820
Interest$375,000
Payments to affiliates$0
Depreciation, depletion, and amortization$5,484,231
Insurance$83,205
Other expenses$2,182,699
Other expenses$1,880,471
Other expenses$1,548,893
Other expenses$2,019,372
Balance Sheet
20122013
Total assets$188,851,609$196,146,818
Cash - non-interest-bearing$0
Savings and temporary cash investments$6,032,426
Pledges and grants receivable, net$1,816,521
Accounts receivable, net$1,416,818
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$374,869
Prepaid expenses and deferred charges$0
Land, buildings, and equipment: cost or other basis$61,377,987
Investments - publicly traded securities$110,689,604
Investments - other securities$9,973,323
Investments - program-related$3,434,878
Intangible assets$0
Other assets$1,030,392
Total liabilities$40,451,697$38,247,174
Accounts payable and accrued expenses$5,427,185
Grants payable$2,693,204
Deferred revenue$2,540,872
Tax-exempt bond liabilities$27,198,454$24,429,588
Escrow or custodial account liability$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0$0
Unsecured notes and loans payable to unrelated third parties$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$3,156,325
Total net assets or fund balances$148,399,912$157,899,644
Unrestricted net assets$81,316,677
Temporarily restricted net assets$44,307,855
Permanently restricted net assets$32,275,112
Capital stock or trust principal, or current funds$0
Paid-in or capital surplus, or land, building, or equipment fund$0
Retained earnings, endowment, accumulated income, or other funds$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$44,411,174$36,513,676$41,479,209$56,898,650$55,737,027$55,855,892$65,638,003$67,283,549
Contributions, gifts, grants, and similar amounts received$3,619,094$6,358,984$11,243,610$5,766,964$1,545,305$2,052,023$2,334,406$1,657,841
Contributions to donor advised funds$0$0
Direct public support$3,619,094$6,358,984$11,243,610$5,766,964$1,545,305$2,052,023$2,334,406$1,657,841
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$34,573,396$36,999,216$38,683,066$42,285,284$43,083,487$42,936,163$42,868,971$41,576,889
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$597,528$301,680$301,112$335,332$897,453$1,109,591$1,294,277$1,516,851
Dividends and interest from securities$4,519,477$1,604,436$1,632,028$1,389,518$1,396,409$1,975,273$3,648,689$2,147,179
Net rental income or (loss)$10,260$22,924$25,004$9,389$26,228$0$0$0
Gross rents$10,260$22,924$25,004$9,389$26,228$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$761,886$-9,213,467$-10,655,688$6,751,244$8,186,086$7,529,091$15,307,072$19,948,220
Gross amount from sales of assets other than inventory$761,886$0$0$24,235,958$10,479,948$7,529,091$15,307,072$19,948,220
Less: cost or other basis and sales expenses$0$9,213,467$10,655,688$17,484,714$2,293,862$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$329,533$439,903$250,077$360,919$602,059$253,751$184,588$436,569
Total expenses$43,226,208$45,242,901$46,892,314$47,029,162$50,683,161$50,993,010$53,013,460$52,666,373
Program services$37,976,353$38,974,421$41,084,350$41,771,504$44,841,786$44,000,389$44,878,506$44,476,963
Management and general$4,269,403$5,270,846$4,782,432$4,269,251$4,715,463$5,819,835$7,060,095$7,085,024
Fundraising$980,452$997,634$1,025,531$988,407$1,125,912$1,172,786$1,074,859$1,104,386
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$140,750,088$129,090,704$127,550,512$153,179,864$157,683,939$168,550,355$192,685,113$164,392,274
Excess or (deficit) for the year$1,184,966$-8,729,225$-5,413,105$9,869,488$5,053,866$4,862,882$12,624,543$14,617,176
Net assets or fund balances at beginning of year$145,069,537$140,750,088$129,090,704$127,550,512$153,179,864$157,683,939$168,550,355$192,685,113
Other changes in net assets or fund balances$-5,504,415$-2,930,159$3,872,913$15,759,864$-549,791$6,003,534$11,510,215$-42,910,015
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$52,666,373$44,476,963$7,085,024$1,104,386
Grants paid from donor advised funds$0
Other grants and allocations$11,788,317
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$975,567$413,366$420,087$142,114
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$15,318,222$12,407,290$2,520,753$390,179
Pension plan contributions not included above$1,117,724$925,242$149,893$42,589
Employee benefits not included above$3,194,125$2,433,578$613,428$147,119
Payroll taxes$1,270,365$1,051,597$170,363$48,405
Professional fundraising fees$0$0$0$0
Accounting fees$49,490$0$49,490$0
Legal fees$90,099$0$90,099$0
Supplies$1,171,399$766,786$356,766$47,847
Telephone$169,149$126,219$39,356$3,574
Postage and shipping$240,093$114,733$67,640$57,720
Occupancy$1,478,856$1,424,316$54,540$0
Equipment rental and maintenance$285,399$203,296$82,103$0
Printing and publications$95,160$89,260$0$5,900
Travel$911,962$710,806$163,838$37,318
Conferences, conventions, and meetings$0$0$0$0
Interest$284,096$284,072$24$0
Depreciation, depletion, etc.$3,840,654$3,648,621$176,670$15,363
Other expenses not covered above$10,385,696$8,089,464$2,129,974$166,258
Balance Sheets
20002001200220032004200520062007
Total assets$168,957,428$162,916,492$168,822,012$192,888,717$190,311,479$201,571,052$228,207,234$200,503,588
Cash - non-interest-bearing$0$4,210,353$8,724,033$4,432,258$0$0$7,463,539$4,280,203
Savings and temporary cash investments$1,582,696$1,046,223$3,924,631$2,164,767$2,953,918$1,058,755$1,955,075$1,348,025
Accounts receivable less allowance for doubtful accounts$1,372,093$1,264,294$1,020,322$877,895$556,213$688,432$723,795$709,279
Pledges receivable less allowance for doubtful accounts$2,367,767$4,521,941$8,546,544$7,325,921$5,242,197$1,325,959$1,668,549$731,704
Grants receivable$768,814$313,547$194,227$609,981$138,555$161,458$46,421$788,662
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$3,054,995$3,064,481$3,058,390$3,318,468$3,421,239$3,341,138$3,072,549$3,183,364
Inventories for sale or use$173,713$214,663$543,972$504,031$626,644$311,588$340,839$320,311
Prepaid expenses and deferred charges$203,364$195,803$292,608$254,149$213,761$189,893$264,557$211,041
Investments - publicly-traded securities$144,128,559$116,834,838
Investments - other securities$115,932,932$103,271,830$91,967,556$111,821,268$116,390,300$133,041,550$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$12,470,764$13,189,401
Land, buildings, and equipment less accumulated depreciation$42,107,785$43,465,973$49,461,089$60,490,108$59,593,105$57,988,151$54,892,811$57,766,893
Other assets, including program-related investments$1,393,269$1,347,384$1,088,640$1,089,871$1,175,547$3,464,130$1,179,776$1,139,867
Total liabilities$28,207,340$33,825,788$41,271,500$39,708,853$32,627,540$33,020,697$35,522,121$36,111,314
Accounts payable and accrued expenses$6,803,729$7,483,460$3,866,782$5,016,536$2,671,289$4,206,009$3,119,524$4,282,951
Grants payable$2,440,883$2,515,863$2,574,204$2,605,698$2,641,728$2,629,832$2,642,301$2,646,620
Deferred revenue$759,912$595,122$732,617$683,998$745,830$1,548,336$1,675,557$2,032,136
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$16,617,927$22,908,560$30,511,938$27,193,888$22,654,679$20,993,088$24,742,011$23,290,990
Mortgages and other notes payable$1,584,889$322,783$0$0$0$0$0$0
Other liabilities$0$0$3,585,959$4,208,733$3,914,014$3,643,432$3,342,728$3,858,617
Total liabilities and net assets/fund balances$168,957,428$162,916,492$168,822,012$192,888,717$190,311,479$201,571,052$228,207,234$200,503,588
Total net assets or fund balances$140,750,088$129,090,704$127,550,512$153,179,864$157,683,939$168,550,355$192,685,113$164,392,274
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$44,411,174$36,513,676$41,479,209$56,898,650$55,737,027$55,855,892$65,638,003$67,283,549
Total revenue, gains, and other support per audited financial statements$28,803,682$22,709,187$33,880,641$59,916,151$42,001,486$48,780,934$64,431,803$12,585,218
Other expenses$-5,504,415$-2,930,159$3,872,913$15,759,864$-549,791$6,003,534$11,510,215$59,280
Net unrealized gains on investments$-5,504,415$-2,930,159$3,872,913$15,759,864$-549,791$6,003,534$11,510,215$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$59,280
Other revenue$10,103,077$10,874,330$11,471,481$12,742,363$13,185,750$13,078,492$12,716,415$54,757,611
Investment expenses$0$0$0$0$0$0$0$0
Other$10,103,077$10,874,330$11,471,481$12,742,363$13,185,750$13,078,492$12,716,415$54,757,611
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$43,226,208$45,242,901$46,892,314$47,029,162$50,683,161$50,993,010$53,013,460$52,666,373
Total expenses and losses per audited financial statements$33,123,131$34,368,571$35,420,833$34,286,799$37,497,411$37,914,518$40,297,045$40,878,057
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$10,103,077$10,874,330$11,471,481$12,742,363$13,185,750$13,078,492$12,716,415$11,788,316
Investment expenses$0$0$0$0$0$0$0$0
Other$10,103,077$10,874,330$11,471,481$12,742,363$13,185,750$13,078,492$12,716,415$11,788,316
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$183,604$39,785$18,000
40$124,620$18,531$0
40$117,508$22,314$0
40$116,664$22,821$0
40$112,560$21,673$0
40$108,284$21,673$0
40$87,628$18,636$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings20
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006640
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$436,569$23,740,485$41,448,654
Program service revenue
Program service revenue 1000000$000$0$35,382,035
Program service revenue 2000000$000$0$5,555,795
Program service revenue 3000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$128,235$428,105
Program service revenue 4000000$000$0$82,719
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,516,851$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,147,179$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$19,948,220$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueAccomodation$436,56900$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
421224999100%$65,526$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$101,610$20,451$0
$94,809$18,264$0
$90,651$18,723$0
$90,469$18,090$0
$86,531$18,756$0
Total number of other employees paid over $50,00095
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$111,487$13,890$91,591
Gross receipts or sales less returns and allowances$308,500$0$0
Cost of goods sold$0$0$0
Gross profit$3,085,001$0$308,500
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-2,055,541$0$-205,554
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$8,541$13,890$-5,349
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$233,394
Compensation of officers, directors, and trustees$0
Salaries and wages$46,698
Repairs and maintenance$11,076
Bad debts$0
Interest$0
Taxes and licenses$1,457
Charitable contributions$0
Depreciation$44,068
Depletion$0
Contributions to deferred compensation plans$8,739
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$121,356
Unrelated business taxable income$-13,577
Unrelated business taxable income before net operating loss deduction$-135,797
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-135,797
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Buena Vista University to others? (optional)
  
Add photo of Buena Vista University (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA
Pink Tractor Foundation in St Charles, IA
*****
Mid Iowa Foster Grandparent Program in Boone, IA
Furry Friends Refuge in Urbandale, IA
*
Endure Iowa Inc in Johnston, IA
*****
Boone Community Theatre in Boone, IA
****
Missouri River Boat Club in Sioux City, IA
**
Teens Of Tomorrow Inc in Council Blfs, IA
Midwest Pets For Life in Clinton, IA
*****
Raised At Full Draw in Winterset, IA
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Trustees Of Grinnell College733 Broad St, Grinnell, IA 50112-2227IA1953-01$748,764,166
2Buena Vista University610 W 4th St, Storm Lake, IA 50588-1713IA1939-08$199,715,404
3Luther College, Luther Guild Of Organists700 College Drive, Decorah, IA 52101IA1935-04$141,683,600
4Cornell College600 1st St Sw, Mount Vernon, IA 52314-1006IA1935-07$98,609,616
5Wartburg College100 Wartburg Blvd, Waverly, IA 50677-2215IA1996-09$91,311,853
6Loras College1450 Alta Vista St, Dubuque, IA 52001-4327IA1939-09$78,772,663
7Central College812 University St, Pella, IA 50219-1902IA1939-09$77,676,873
8Simpson College701 North C St, Indianola, IA 50125-1201IA1939-08$77,182,312
9Northwestern College101 7th St Sw, Orange City, IA 51041-1923IA1964-09$58,269,860
10Mount Mercy University1330 Elmhurst Dr Ne, Cedar Rapids, IA 52402-4763IA1946-03$56,672,194
11Dordt College498 4th Ave Ne, Sioux Center, IA 51250-1606IA1958-05$55,952,441
12Grand View University1200 Grandview Ave, Des Moines, IA 50316-1529IA1939-09$55,875,442
13Morningside College1501 Morningside Ave, Sioux City, IA 51106-1717IA1950-06$52,716,234
14Clarke University Of Dubuque Iowa1550 Clarke Dr, Dubuque, IA 52001-3117IA1946-03$38,133,663
15Briar Cliff University3303 Rebecca St, Sioux City, IA 51104-2324IA1946-03$36,677,590
16Talladega College627 Battle St W, Talladega, AL 35160-2354AL1945-05$18,799,314
17Breakthrough Bible Institute College Inc4305 St Barnabas Rd 402 4305 St Barnabas Rd, Temple Hill, MD 20748MD2007-03$408,000
18Campbell Bible CollegePO BOX 12567, Charleston, SC 29422-2567SC2007-07$8,700
19Martin College11469 Olive Blvd Pmb 116, St Louis, MO 63141-7108MO1999-05$0
20Williams Baptist College60 W Fulbright Ave, Walnut Ridge, AR 72476-9000AR2002-06$0
Number of organizations performing similar types of work
Alabama8
Arkansas8
California16
Connecticut5
District of Columbia2
Florida11
Georgia13
Iowa15
Idaho2
Illinois21
Indiana16
Kansas8
Kentucky10
Louisiana2
Massachusetts28
Maryland7
Maine6
Michigan14
Minnesota9
Missouri11
Mississippi5
Montana2
North Carolina18
North Dakota2
Nebraska6
New Hampshire7
New Jersey8
New Mexico4
Nevada1
New York33
Ohio26
Oklahoma3
Oregon3
Pennsylvania36
Rhode Island1
South Carolina10
South Dakota4
Tennessee12
Texas9
Virginia12
Vermont5
Washington2
Wisconsin11
West Virginia6
International2
Total440

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Buena Vista University and has no official or unofficial affiliation with Buena Vista University