2025-04-07T08:59:14-05:00 2024-05-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2023-06-01 560529940 CAMPBELL UNIVERSITY % MS SANDRA CONNOLLY CAMP 9108931240 POST OFFICE BOX 97 BUIES CREEK NC 27506 DR J BRADLEY CREED PRESIDENT 9108931240 2025-04-03 true true SANDRA L FEINSMITH P01064157 9192781936 2025-04-03 2023 2025-03-06 01:10:19Z DR J BRADLEY CREED POST OFFICE BOX 97 BUIES CREEK NC 27506 765988998 false X WWW.CAMPBELL.EDU X 1887 NC SEE SCHEDULE O 31 30 2503 51 745323 139820 16663329 13260008 206275814 207318733 3609317 6949222 2689452 3725103 229237912 231253066 69366923 73990293 0 0 85316891 88404814 0 0 3069896 73978426 73137437 228662240 235532544 575672 -4279478 635404581 653931720 157216649 150979445 478187932 502952275 X TO GRADUATE STUDENTS WITH EXEMPLARY ACADEMIC AND PROFESSIONAL SKILLS WHO ARE PREPARED FOR PURPOSEFUL LIVES AND MEANINGFUL SERVICE. THE UNIVERSITY IS INFORMED AND INSPIRED BY ITS BAPTIST HERITAGE AND THREE BASIC THEOLOGICAL AND BIBLICAL PRESUPPOSITIONS: LEARNING IS APPOINTED AND CONSERVED BY GOD AS ESSENTIAL TO THE FULFILLMENT OF HUMAN DESTINY; IN CHRIST ALL THINGS CONSIST AND FIND ULTIMATE UNITY; AND THE KINGDOM OF GOD IN THE WORLD IS ROOTED AND GROUNDED IN CHRISTIAN COMMUNITY. THE UNIVERSITY EMBRACES THE CONVICTION THAT THERE IS NO CONFLICT BETWEEN THE LIFE OF FAITH AND THE LIFE OF INQUIRY. false false 124906909 0 185932296 STUDENT EDUCATION SERVICES INCLUDING EDUCATION ADMINISTRATION AND INSTITUTIONAL SUPPORT. THE UNIVERSITY SERVED A TOTAL ENROLLMENT OF 5,115 STUDENTS BASED ON FALL 2023 IPEDS REPORTING. THE UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES IN ARTS AND SCIENCES, LAW, DIVINITY, PHARMACY, CLINICAL RESEARCH, EDUCATION, BUSINESS, OSTEOPATHIC MEDICINE, PHYSICAL THERAPY, PHYSICIAN ASSISTANT PRACTICE AND PUBLIC HEALTH. 73990293 73990293 0 STUDENT AID TO QUALIFIED STUDENTS. 8897451 0 18737897 AUXILIARY ENTERPRISES INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND OPERATION OF KEITH HILLS GOLF COURSE. 2296335 0 5570927 OTHER PROGRAM SERVICES 2296335 0 5570927 210090988 true true false false false false false false false true true false false false true true false true true false true false false false false false false false true true true false false false false false false false true false true true false false false true true true true false false true 847 0 true 2503 true true true false false false false true true false false false false false false X 31 30 true false false false false false false true true false false true true true true true true true true false NC X MS SANDRA CONNOLLY 9108931241 PO BOX 97 BUIES CREEK NC 27506 X J BRADLEY CREED PRESIDENT 65.0 1.0 X 570855 0 29414 BRIAN KESSLER DEAN, CUSOM 65.0 0.0 X 441946 0 11791 J RICH LEONARD DEAN, SCHOOL OF LAW 60.0 0.0 X 316550 0 24700 JOHN ROBERSON EXECUTIVE VP, BOARD SECRETARY 55.0 1.0 X 307203 0 23266 JAMES POWERS ASSOC. DEAN CLINICAL INTEG. 65.0 0.0 X 305186 0 23428 MICHAEL MINTER FOOTBALL HEAD COACH 55.0 0.0 X 308965 0 11660 DAVID TOLENTINO ASSOC. 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ROBERT BARKER Lifetime Trustee 1.0 0.0 X 0 0 0 GUILFORD BASS Lifetime Trustee 1.0 0.0 X 0 0 0 ED BYRD Lifetime Trustee 1.0 0.0 X 0 0 0 DAVID CLARK Lifetime Trustee 1.0 0.0 X 0 0 0 HELEN CURRIN Lifetime Trustee 1.0 0.0 X 0 0 0 DEXTER FLOYD Lifetime Trustee 1.0 0.0 X 0 0 0 THOMAS KEITH Lifetime Trustee 1.0 0.0 X 0 0 0 BERNARD MCLEOD JR Lifetime Trustee 1.0 0.0 X 0 0 0 JIM EVAN PERRY Lifetime Trustee 1.0 0.0 X 0 0 0 ROBERT RANSDELL Lifetime Trustee 1.0 0.5 X 0 0 0 WILLARD SMALL Lifetime Trustee 1.0 0.0 X 0 0 0 FRED TAYLOR SR Lifetime Trustee 1.0 0.0 X 0 0 0 ROBERT WHITEMAN Lifetime Trustee 1.0 0.5 X 0 0 0 LUBY WOOD Lifetime Trustee 1.0 0.5 X 0 0 0 4256836 0 300849 195 true true false ARAMARK SERVICES PO Box 978839 DALLAS TX 75397 Food Services 4615552 ALLEGIANCE INDUSTRIES 105 Sunbelt Boulevard COLUMBIA SC 29203 Janitorial/Cleaning 1695089 SOUTHEASTERN INTERIORS PO BOX 4200 BUIES CREEK NC 27506 General Contracting 947187 ELLUCIAN COMPANY LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 IT 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OVER THE YEARS, THE GROWTH OF THE ENDOWMENT HAS ENABLED THE UNIVERSITY TO IMPROVE FINANCIAL AID PACKAGES, BUILD THE FACULTY, LAUNCH PROGRAMS AND SUPPORT A WIDE RANGE OF IMPORTANT NEEDS. THE PURPOSE OF THE BULK OF THE UNIVERSITY'S ENDOWMENT IS TO PROVIDE MERIT AND NEED-BASED SCHOLARSHIPS TO STUDENTS. FUNDING IS ALSO PROVIDED BY THE ENDOWMENT FOR PROFESSORSHIPS AND LECTURE SERIES. FORM 990, SCHEDULE D, PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. WITH RESPECT TO ANY UNRELATED BUSINESS INCOME GENERATED BY THE UNIVERSITY, IT RECORDS INCOME TAXES USING THE LIABLITY METHOD UNDER WHICH DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFERENCES BETWEEN THE FINANCIAL ACCOUNTING AND TAX BASES OF ASSETS AND LIABILITIES. DEFERRED TAX ASSETS OR LIABILITIES AT THE END OF EACH PERIOD ARE DETERMINED USING THE CURRENTLY ENACTED TAX RATE EXPECTED TO APPLY TO TAXABLE INCOME IN THE PERIOD THAT THE DEFERRED TAX ASSET OR LIABILITY IS EXPECTED TO BE REALIZED OR TO BE SETTLED. AS OF MAY 31,2024, AND 2023, THE UNIVERSITY HAD NO DEFERRED TAX ASSETS OR LIABILITIES, NET OF VALUATION ALLOWANCES. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3: EXPLANATION OF NONDISCRIMINATION POLICY: THE UNIVERSITY'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE AND IN ITS BULLETINS FOR COURSES AND POLICY MANUALS. IT IS PUBLISHED IN UNIVERSITY ADS AND PUBLICATIONS. CAMPBELL UNIVERSITY IS COMMITTED TO EQUALITY OF EDUCATIONAL OPPORTUNITY. THE UNIVERSITY DOES NOT PERMIT DISCRIMINATION OR HARASSMENT IN OUR PROGRAMS AND ACTIVITIES ON THE BASIS OF RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, AGE, RELIGION, ETHNICITY OR NATIONAL ORIGIN, DISABILITY, GENETIC INFORMATION, PROTECTED VETERAN STATUS, MILITARY STATUS AND ANY OTHER CHARACTERISTIC PROTECTED BY LAW, EXCEPT WHERE EXEMPTION IS APPROPRIATE AND AUTHORIZED BY LAW. HTTPS://WWW.CAMPBELL.EDU/POLICIES/TITLE-IX/TITLE-IX-POLICIES-AND-PROCEDURE S/ THE UNIVERSITY'S EQUAL EMPLOYMENT OPPORTUNITY/AFFIRMATIVE ACTION POLICY MAY BE FOUND AT HTTPS//WWW.CAMPBELL.EDU/EMPLOYMENT/EQUAL-EMPLOYMENT-OPPORTUNITYAFFIRMATIVE -ACTION-POLICY/ FORM 990, SCHEDULE E, LINE 6: EXPLANATION OF GOVERNMENT FINANCIAL AID: CAMPBELL UNIVERSITY RECEIVES THE FOLLOWING FEDERAL AID FROM THE US DEPARTMENT OF EDUCATION: FEDERAL WORK-STUDY PROGRAM, PELL GRANT, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, FEDERAL DIRECT STUDENT LOANS, TEACHER EDUCATION ASSISTANCE GRANT, COVID-19 EDUCATION EMERGENCY RELIEF FUND. THE UNIVERSITY RECEIVES FUNDS FROM THE US DEPARTMENT OF DEFENSE IN SUPPORT OF ITS ARMY ROTC PROGRAM. IN ADDITION, THE UNIVERSITY RECEIVED RESEARCH GRANTS FROM VARIOUS FEDERAL AND STATE AGENCIES. North America 0 0 Program Services E-RESOURCES SUPPLIES 47860 Europe (Including Iceland and Greenland) 0 0 Program Services E-RESOURCES Services 11088 East Asia and the Pacific 0 0 Program Services RES. INCUBATOR PRGM 500 0 0 0 0 59448 59448 false false false false false false true INSTITUTIONAL AID 3043 60145491 ENDOWED SCHOLARSHIPS 1013 13052988 DIRECT AID SCHOLARSHIPS 366 791814 FORM 990, SCHEDULE I, PART I, LINE 2: CAMPBELL UNIVERSITY PARTICIPATES IN BOTH FEDERAL AND STATE GRANT PROGRAMS. ALL GRANT PROGRAMS INCLUDE ELIGIBILITY REQUIREMENTS, REPORTING REQUIREMENTS AND FUND MANAGEMENT REGULATIONS AND GUIDELINES. STUDENTS ARE AWARDED ACCORDING TO EACH PROGRAM'S GUIDELINES ONCE ELIGIBILITY HAS BEEN DETERMINED FOR THAT FUND. ELIGIBILITY IS REVIEWED BEFORE TRANSMITTAL/DISBURSEMENT TO THE STUDENT'S ACCOUNT. EACH FEDERAL AND STATE PROGRAM HAS PREDETERMINED REPORTING GUIDELINES AND STANDARDS. THE FUNDS ARE RECONCILED, AND FUND BUDGETS ARE REVIEWED MONTHLY. X X X true true X X X X false false false false false false false false false J BRADLEY CREED PRESIDENT 446720 0 0 0 124135 0 18354 0 11060 0 600269 0 0 0 JOHN ROBERSON EXECUTIVE VP, BOARD SECRETARY 303957 0 0 0 3246 0 11403 0 11863 0 330469 0 0 0 SANDRA CONNOLLY VP FOR BUSINESS & CFO 269725 0 0 0 4913 0 10795 0 948 0 286381 0 0 0 JULIE BYRD COMPTROLLER, BOARD TREASURER 141794 0 0 0 1436 0 5770 0 11051 0 160051 0 0 0 MARK HAMMOND VP ACADEMIC AFFAIRS/PROVOST 229377 0 0 0 792 0 9327 0 11590 0 251086 0 0 0 BRITT DAVIS VP INSTITUTIONAL ADVANCEMENT 193031 0 0 0 1869 0 8237 0 12363 0 215500 0 0 0 FAITHE BEAM VP SPIRITUAL LIFE & CAMPUS MIN 170480 0 0 0 516 0 6800 0 11760 0 189556 0 0 0 DAVID MEE VP FOR ENROLLMENT MGT 267167 0 0 0 5994 0 11220 0 11760 0 296141 0 0 0 SHERRI YERK-ZWICKL VP FOR INFO TECH. & CIO 168974 0 0 0 792 0 7181 0 11560 0 188507 0 0 0 BRIAN KESSLER DEAN, CUSOM 441670 0 0 0 276 0 11093 0 698 0 453737 0 0 0 J RICH LEONARD DEAN, SCHOOL OF LAW 311263 0 0 0 5287 0 13040 0 11660 0 341250 0 0 0 JAMES POWERS ASSOC. DEAN CLINICAL INTEG. 290302 0 0 0 14884 0 12368 0 11060 0 328614 0 0 0 MICHAEL MINTER FOOTBALL HEAD COACH 295591 0 0 0 13374 0 0 0 11660 0 320625 0 0 0 DAVID TOLENTINO ASSOC. DEAN CLINIC AFFAIRS 282511 0 0 0 180 0 11747 0 11560 0 305998 0 0 0 MICHAEL ADAMS VP FOR ACADEMIC AFFAIRS/PROVOS 266304 0 0 0 276 0 10911 0 12010 0 289501 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A: ANY SPOUSAL TRAVEL FOR DR. CREED IS ADDED TO HIS INCOME. UNIVERSITY LEASES THE HOME OF THE CHANCELLOR OF THE UNIVERSITY, DR. JERRY M. WALLACE, AND REIMBURSES HIM FOR SOME EXPENSES OF THE HOME. ADDITIONAL SERVICES INCLUDING CLEANING AND LAWN MAINTENANCE ARE PROVIDED BY THE UNIVERSITY. FORM 1099-MISC IS ISSUED TO DR. WALLACE ANNUALLY REPORTING RENTAL INCOME. PRESIDENT CREED LIVES IN A UNIVERSITY-OWNED RESIDENCE CONTIGUOUS TO THE CAMPUS. PERSONAL SERVICES RELATED TO THE HOME ARE PROVIDED BY THE UNIVERSITY. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PPE3 2021-08-10 58396285 SEE PART VI false false false A 0 0 58396285 0 0 0 530576 0 0 0 57865709 0 2017 true true true true A false false true false false 0.01000 0.00000 0.01000 false false false true A false false true false false false 0 false 0 false true A true Part I, Row A, column (f): SERIES 2021A BONDS WERE ISSUED FOR THE FOLLOWING PURPOSES: 1) REFUND SERIES 2014 BOND ISSUED ON 1/10/2014; 2) REFUND SERIES 2015 BOND ISSUED ON 10/20/2015; 3) REFUND 2018 BANK LOAN ISSUED ON 10/17/2018; 4) PAY FEE FOR TERMINATION OF INTEREST RATE SWAP AGREEMENT RELATING TO SERIES 2015 BOND; AND 5) PAY ISSUANCE COSTS RELATING TO SERIES 2021A BOND. JERRY MILTON TRUSTEE, VENDOR & SUBSTANTIAL CONTRIBUTOR 947187 SEE PART V false SCHEDULE L, PART IV, column (d): LINE 1: MILTON IS CEO OF SOUTHEASTERN INTERIORS - CONSTRUCTION RENOVATIONS, REPAIRS. X 49 1644992 FMV ON DATE OF GIFT X GIFTS IN KIND 7 187815 DONOR ESTIMATE 23 false true true SCHEDULE M, PART I, LINE 32A: THE UNIVERSITY MAY USE VARIOUS REAL ESTATE AGENCIES TO OFFER PROPERTIES FOR SALE. SCHEDULE M, PART I, LINE 33: THE UNIVERSITY DOES NOT RECORD CONTRIBUTION REVENUE FOR GIFTS IN KIND NOT USED TO SUPPORT THE UNIVERSITY'S MISSION. FORM 990, PART I, LINE 1 - ORGANIZATION'S MISSION: TO GRADUATE STUDENTS WITH EXEMPLARY ACADEMIC AND PROFESSIONAL SKILLS WHO ARE PREPARED FOR PURPOSEFUL LIVES AND MEANINGFUL SERVICE. THE UNIVERSITY IS INFORMED AND INSPIRED BY ITS BAPTIST HERITAGE AND THREE BASIC THEOLOGICAL AND BIBLICAL PRESUPPOSITIONS: LEARNING IS APPOINTED AND CONSERVED BY GOD AS ESSENTIAL TO THE FULFILLMENT OF HUMAN DESTINY; IN CHRIST ALL THINGS CONSIST AND FIND ULTIMATE UNITY; AND THE KINGDOM OF GOD IN THE WORLD IS ROOTED AND GROUNDED IN CHRISTIAN COMMUNITY. THE UNIVERSITY EMBRACES THE CONVICTION THAT THERE IS NO CONFLICT BETWEEN THE LIFE OF FAITH AND THE LIFE OF INQUIRY. FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES: OTHER PROGRAM SERVICES INCLUDE SECURITY PROVIDED TO THE COMMUNITY, UNIVERSITY PERFORMING ARTS SERIES, COMMUNITY RELATIONS EXPENDITURES, AND PAYMENTS TO ANNUITANTS UNDER CHARITABLE TRUST AGREEMENTS. FORM 990, PART VI, SECTION A, LINE 2: ANY RELATIONSHIPS ARE IN THE NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 11B: DETAILED REVIEW OF THE FORM 990 IS COMPLETED BY THE UNIVERSITY'S EXECUTIVE VICE PRESIDENT, THE VICE PRESIDENT FOR BUSINESS AND CHIEF FINANCIAL OFFICER, AND THE COMPTROLLER. THE UNIVERSITY THEN PROVIDES DRAFT COPIES OF FORM 990 TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE DRAFT COPY IS EMAILED TO ALL TRUSTEES. ALL MEMBERS ARE REQUESTED TO RESPOND TO THE EXECUTIVE VICE PRESIDENT CONFIRMING REVIEW AND APPROVAL FOR FILING. THIS PROCESS IS COMPLETED BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: MEMBERS OF THE BOARD OF TRUSTEES ABSTAIN FROM VOTING IF THE VOTE INVOLVES: 1) AN ENTITY IN WHICH THE TRUSTEE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH THE TRUSTEE IS A GENERAL PARTNER OF A PARTY TO A TRANSACTION WITH THE UNIVERSITY; OR 2) ANOTHER ENTITY OF WHICH THE TRUSTEE IS A BOARD MEMBER OR AN OFFICER AND WHEN THE ENTITY IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD. ADDITIONALLY, THE UNIVERSITY REQUESTS EACH MEMBER OF ITS BOARD OF TRUSTEES COMPLETE A "CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE". THESE ARE REVIEWED BY THE EXECUTIVE VICE-PRESIDENT. FORM 990, PART VI, SECTION B, LINES 15A: THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. AN EVALUATION OF THE PRESIDENT'S PERFORMANCE IN ALL AREAS OF RESPONSIBILITY IS COMPLETED AND DOCUMENTED. A COMPARISON OF PERFORMANCE BETWEEN YEARS IS REVIEWED. EXTERNAL AND PUBLISHED DATA FROM PEER INSTITUTIONS IS REVIEWED FOR REASONABLENESS OF COMPENSATION. FORM 990, PART VI, SECTION B, LINES 15B: THE PRESIDENT OF THE UNIVERSITY ANNUALLY REVIEWS COMPENSATION USING PUBLISHED SALARY INFORMATION COMPILED BY THE NC ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES AND OTHER AVAILABLE SOURCES FOR COMPARABILITY. THE BUDGET IS APPROVED BY THE UNIVERSITY'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18: DOCUMENTS ARE RETAINED IN THE OFFICE OF THE EXECUTIVE VICE PRESIDENT/CORPORATE SECRETARY. THE OFFICE IS OPEN DURING REGULAR BUSINESS HOURS. DOCUMENTS ARE AVAILABLE UPON REQUEST IN PERSON OR UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19: NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: ($1,547,394) CAMPBELL UNIVERSITY HEALTH CENTER LLC PO BOX 97 BUIES CREEK NC 27506 460756986 CLINICAL SERV NC 724734 236443 CAMPBELL UNI CAMPBELL UNIVERSITY FOUNDATION INC PO BOX 97 BUIES CREEK NC 27506 680620773 FUNDRAISING NC 501(C)(3) LINE 12A, I NA true false false false false true false false false true true true false true true true false false true false CAMPBELL UNIVERSITY FOUNDATION INC R 1532431 ACCRUAL BASIS