2024-04-05T07:24:43-05:00 2023-05-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2022-06-01 566049935 Wingate University % MELISSA PERDUE WING 8007555550 PO BOX 159 Wingate NC 28174 Melissa Perdue CFO 8007555550 2024-04-04 true Melissa Perdue 999009999 SANDRA L FEINSMITH P01064157 9192781936 2024-04-04 2 2022 2023-04-26 12:10:37Z DR T RHETT BROWN PO BOX 159 Wingate NC 28174 219611036 false X WWW.WINGATE.EDU X 1896 NC A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. 34 34 1763 52 3952774 0 18444371 14007819 141238422 144517048 11606009 5852239 3729597 3308709 175018399 167685815 75836087 77309457 0 0 46281749 50088149 0 0 1172818 41518859 41559917 163636695 168957523 11381704 -1271708 288837936 294510803 94619821 93246575 194218115 201264228 THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE GLOBAL CITIZENS. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE. false false 138407055 77309457 144815962 WINGATE UNIVERSITY SERVES STUDENTS ON THREE CAMPUSES IN WINGATE, BALLANTYNE, AND HENDERSONVILLE, NC. THE UNIVERSITY OFFERS 37 UNDERGRADUATE MAJORS, 63 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGREES IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT MANAGEMENT, AND DOCTORATES IN PHARMACY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND EDUCATION. DURING THE FISCAL YEAR ENDED MAY 31, 2023, FALL STUDENT ENROLLMENT WAS 3,396 AND SPRING STUDENT ENROLLMENT WAS 3,100. THE TOTAL NUMBER OF GRADUATES WAS 814. FINANCIAL AID WAS RECEIVED BY 3,369 STUDENTS. SCHOLARSHIPS WERE GRANTED TO 2,811 STUDENTS. 138407055 true true false false false false false false false true true false false false false true false true true false true false true false true false false false true true true false false false false false false false true false false true false false false true true true false false false true 4524 0 true 1763 true true true false false false false true true false false false false false false X 34 34 false false false false false false false true true false false true true true true true true true true false NC X MELISSA PERDUE 7042338219 PO BOX 159 WINGATE NC 28174 X Thomas Rhett Brown President 40.0 0.5 X 336902 0 67760 James R Bullock SVP 40.0 0.0 X 298507 0 19650 Benjamin Sidbury SVP General Counsel 40.0 0.0 X 273929 0 18877 Susan P Bruce Dean of SOP 40.0 0.0 X 278433 0 13624 Heather Campbell Miller SVP Chief of Staff 40.0 0.0 X 241468 0 32808 Jeffrey Frederick Provost and EVP 40.0 0.0 X 246038 0 23809 Melissa Perdue CFO 40.0 0.0 X 218337 0 5216 Sherri T Satterfield Vice President 40.0 0.0 X 207650 0 13473 Eric F Schneider Vice Provost 40.0 0.0 X 191978 0 15522 Scotty Eugene Hunsucker Vice President 40.0 0.0 X 178025 0 21897 Steve Shank Vice President 40.0 0.0 X 189638 0 9652 Amos Beason Trustee 0.5 0.0 X 0 0 0 Janice G Beatty-Hendley Trustee 0.5 0.0 X 0 0 0 Audley L Bell Trustee 0.5 0.0 X 0 0 0 Russell W Booker Trustee 0.5 0.0 X 0 0 0 Paula D Borden Trustee 0.5 0.0 X 0 0 0 Patrick C Brown Trustee 0.5 0.0 X 0 0 0 Rebecca B Bullard Trustee 0.5 0.0 X 0 0 0 G Frank Cagle Trustee 0.5 0.0 X 0 0 0 Wayne P Cooper Trustee 0.5 0.0 X 0 0 0 George Morrison Creech Trustee 0.5 0.0 X 0 0 0 William T Crowder Jr Trustee 0.5 0.0 X 0 0 0 Daniel K Davis Trustee 0.5 0.0 X 0 0 0 C Thomas Dixon Trustee 0.5 0.0 X 0 0 0 C Angelia Duncan Trustee 0.5 0.0 X 0 0 0 Kimberly S Eagle Trustee 0.5 0.0 X 0 0 0 Kacey M Grantham Trustee 0.5 0.0 X 0 0 0 John N Hendley Trustee 0.5 0.0 X 0 0 0 Gregory I Hinrichs Trustee 0.5 0.0 X 0 0 0 Ronald G Hinson Trustee 0.5 0.0 X 0 0 0 D Craig Horn Trustee 0.5 0.0 X 0 0 0 Charles A Howard II Trustee 0.5 0.0 X 0 0 0 Thomas J Koontz Trustee 0.5 0.0 X 0 0 0 James W Mason III Trustee 0.5 0.0 X 0 0 0 Carolyn D Matthews Trustee 0.5 0.0 X 0 0 0 Luther T Moore Trustee 0.5 0.0 X 0 0 0 Maria T Mortis Trustee 0.5 0.0 X 0 0 0 M Lynn Moss Trustee 0.5 0.0 X 0 0 0 Claudia S Robinette Trustee 0.5 0.0 X 0 0 0 Fonda G Salgueiro Trustee 0.5 0.0 X 0 0 0 Andrew T Smart Trustee 0.5 0.0 X 0 0 0 Robert J Spence III Trustee 0.5 0.0 X 0 0 0 Johnny L Tillett Trustee 0.5 0.0 X 0 0 0 Douglas E Turner Jr Trustee 0.5 0.0 X 0 0 0 Edward L West Trustee 0.5 0.0 X 0 0 0 2660905 0 242288 83 false true false CHARTWELLS HIGHER EDUCATION PO Box 417632 BOSTON MA 022417632 FOOD SERVICE 6639925 EAB PO Box 603519 CHARLOTTE NC 282603519 EDUCATION SERVICE 1833920 ASTRO TURF CORPORATION 2680 ABUTMENT ROAD SE DALTON GA 30721 CONSTR. CONTRACT SVC 1416448 HOSS CONTRACTING INC PO BOX 968 MONROE NC 28111 CONSTR. CONTRACT SVC 1394081 RICOH USA INC PO BOX 827577 PHILADELPHIA PA 191827577 COPIER SERVICE 469093 21 55417 4696598 9255804 280587 14007819 TUITION & FEES 611310 121632638 121632638 HOUSING 611310 13700817 13700817 FOOD SERVICE REVENUE 611310 6466129 6466129 ATHLETIC & OTHER INCOME 611310 2117904 2117904 BOOKSTORE REVENUE 611310 599560 599560 144517048 2554676 2554676 0 0 383631 0 383631 0 383631 383631 53873589 1271193 51847219 2026370 1271193 3297563 1271193 2026370 22585 55417 78002 -55417 -55417 0 0 0 0 0 0 GOLF COURSE 713910 2681581 2681581 PARKING FEES 611310 329271 329271 CAMPS & CONFERENCES 713940 30842 30842 -61199 -61199 2980495 167685815 144815962 3952774 4909260 0 70783096 70783096 6526361 6526361 0 1803762 862720 941042 0 38514082 32601090 5106635 806357 1247080 1035076 187062 24942 5732520 4803150 812152 117218 2790705 2316285 418606 55814 0 71377 71377 207407 207407 0 0 168615 168615 0 36755 30507 5513 735 0 1644911 630599 1014312 0 2807289 1544009 1246436 16844 2231928 2172567 44005 15356 0 0 3742296 3742296 0 7219287 3970608 3248679 524614 209846 314768 FOOD SERVICES 6096451 6096451 UBI EXPENSES FROM GOLF 3615084 3615084 GRADUATE & PROFESSIONAL 2058644 2058644 PLANT ADMINISTRATION 535553 535553 10599706 8862497 1601657 135552 168957523 138407055 29377650 1172818 11068 9957 20664456 19369350 8937427 9595377 4677243 6206801 0 0 0 0 0 0 165266 151672 1263051 1332181 259516590 99338593 150894132 160177997 96000727 89586372 855060 823297 0 0 0 0 5369506 7257799 288837936 294510803 7045174 5524187 0 0 5751972 6238386 65133328 64931423 0 0 0 0 6094347 7267579 10595000 9285000 0 0 94619821 93246575 X 83333561 75789522 110884554 125474706 194218115 201264228 288837936 294510803 X -1271708 -5326926 13731812 -87065 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110767341 1433260 18029568 5168396 840 0 125060933 119206869 1844063 -4993185 4957111 333295 0 110767341 99160577 947605 24078209 4798128 181394 0 119206869 96803871 2323458 4833024 4629320 170456 0 99160577 92349063 6216122 1811269 3572583 0 0 96803871 0.08140 0.62720 0.29140 false false 4341472 6584611 10926083 31379608 164271987 61234974 134416621 14098919 7954446 6144473 33670620 29553950 4116670 5169373 595223 4574150 160177997 0 0 X 81425285 -5326926 78002 -5248924 86674209 81011606 81011606 167685815 88110984 78002 78002 88032982 80924541 80924541 168957523 PART V, LINE 4: ENDOWMENT FUNDS ARE USED AS DIRECTED BY DONOR STIPULATION AND APPLICABLE LAWS. THESE RESOURCES FUND SCHOLARSHIPS AND GRANTS, PLANT FACILITIES, AND OTHER PROGRAMS AND INITIATIVES THAT FURTHER THE VISION AND MISSION OF THE UNIVERSITY. PART X, LINE 2: MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB. PART XI, LINE 2D: FUNDRAISING EXPENSES $ 78,002 Part XI, Line 4B: GRANTS AND SCHOLARSHIPS $77,309,457 GOLF COURSE EXPENSES NETTED AGAINST REVENUE $ 3,615,084 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 87,065 TOTAL $81,011,606 Part XII, Line 2D: FUNDRAISING EXPENSES $ 78,002 Part XII, Line 4B: GRANTS AND SCHOLARSHIPS $77,309,457 GOLF COURSE EXPENSES NETTED AGAINST REVENUE $ 3,615,084 TOTAL $80,924,541 true true true true true true true false false false false false false false false true false true PART I, LINE 3: WINGATE UNIVERSITY PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY ON ITS WEBSITE. PART I, LINE 6: TO FURTHER EDUCATIONAL MISSIONS, WINGATE UNIVERSITY RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE PROGRAMS IN SUPPORT OF ITS STUDENTS. true Central America and the Caribbean 0 0 Grantmaking 460948 Europe (Including Iceland and Greenland) 0 0 Grantmaking 2074475 East Asia and the Pacific 0 0 Grantmaking 163000 Middle East and North Africa 0 0 Grantmaking 88960 North America 0 0 Grantmaking 357785 Russia and the Newly Independent States 0 0 Grantmaking 22750 South America 0 0 Grantmaking 395496 South Asia 0 0 Grantmaking 3154663 Sub-Saharan Africa 0 0 Grantmaking 84500 0 0 0 0 6802577 6802577 Scholarship Central America and the Caribbean 12 419816 Scholarship East Asia and the Pacific 4 163000 Scholarship Europe (Including Iceland and Greenland) 44 1839391 Scholarship Middle East and North Africa 3 88960 Scholarship North America 10 357785 Scholarship Russia and the Newly Independent States 1 22750 Scholarship South America 9 395496 Scholarship South Asia 78 3154663 Scholarship Sub-Saharan Africa 2 84500 false false false false false false PART I, LINE 2: ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. PRESIDENT'S CUP 36046 30346 5700 27117 8929 CLAY TOURNAMENT 31371 25071 6300 13210 2980 15181 1 10585 0 10585 250 4060 589 5686 78002 55417 22585 250 44387 3569 29796 78002 -55417 true Academic SCHOLARSHIPS 2440 57579292 Athletic SCHOLARSHIPS 505 5006328 Endowed Scholarships 1250 4606926 Need Based & Other Institutional Scholarships 438 2379629 Restricted Annual Scholarships 147 1210921 PART I, LINE 2: ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. X X X true true X X X false false false false false false false false false Thomas Rhett Brown President 316069 0 0 0 20833 0 46460 0 21300 0 404662 0 14250 0 Benjamin Sidbury SVP General Counsel 253929 0 20000 0 0 0 12500 0 6377 0 292806 0 1625 0 Jeffrey Frederick Provost and EVP 226038 0 20000 0 0 0 11531 0 12278 0 269847 0 10958 0 Heather Campbell Miller SVP Chief of Staff 221468 0 20000 0 0 0 11508 0 21300 0 274276 0 10521 0 James R Bullock SVP 273507 0 25000 0 0 0 13273 0 6377 0 318157 0 0 0 Melissa Perdue CFO 198337 0 20000 0 0 0 0 0 5216 0 223553 0 0 0 Susan P Bruce Dean of SOP 273433 0 5000 0 0 0 7422 0 6202 0 292057 0 0 0 Eric F Schneider Vice Provost 181978 0 10000 0 0 0 9201 0 6321 0 207500 0 8995 0 Steve Shank Vice President 179638 0 10000 0 0 0 8973 0 679 0 199290 0 8750 0 Scotty Eugene Hunsucker Vice President 168025 0 10000 0 0 0 7950 0 13947 0 199922 0 0 0 Sherri T Satterfield Vice President 187650 0 20000 0 0 0 7134 0 6339 0 221123 0 0 0 PART I, LINE 1A: THE PRESIDENT OF THE UNIVERSITY RECEIVES A HOUSING ALLOWANCE WHICH IS INCLUDED IN HIS/HER TAXABLE INCOME. THE PRESIDENT'S SPOUSE CAN TRAVEL WITH THE PRESIDENT AND IS CONSIDERED A REPRESENTATIVE OF THE UNIVERSITY. ALSO, THE UNIVERSITY PROVIDES CLUB MEMBERSHIPS TO CERTAIN KEY INDIVIDUALS FOR RELATIONSHIP BUILDING PURPOSES. DUE TO THE NATURE OF THESE MEMBERSHIPS, THE COSTS ARE INCLUDED IN THE EMPLOYEE'S COMPENSATION. A WISCONSIN PUBLIC FINANCE AUTHORITY 273866124 07443DEX5 2018-12-13 66490062 REFINANCE PRIOR BOND ISSUE AND OTH false true false A 48658017 48658017 66490062 0 0 0 554169 0 0 17277876 0 0 2018 true true true true A false false false false 0.00000 0.00000 0.00000 false false false false A false true false false false false 0 false 0 false false A true SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: WISCONSIN PUBLIC FINANCE AUTHORITY (F) DESCRIPTION OF PURPOSE: REFINANCE PRIOR BOND ISSUE AND OTHER DEBT; CAPITAL PROJECTS RONALD G HINSON trustee 214120 vendor Hinson Electric false X 2 6679 FMV X 9 238351 FMV X FURNITURE 1 30110 DONOR ADVISED X Golf&Dining 1 2942 FMV X MUSIC 1 1643 FMV X One Dog Beer 2 862 FMV false true true PART I, COLUMN (B): THE NUMBER IN COLUMN B REFLECTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE ORGANIZATION USES A REAL ESTATE AGENT TO SELL CONTRIBUTED REAL PROPERTY. Form 990, Part VI, Section A, Line 1a: THE EXECUTIVE COMMITTEE FOCUSES THE BOARD ON MATTERS OF THE GREATEST IMPORTANCE TO THE UNIVERSITY, PLANS THE AGENDA FOR BOARD MEETINGS, COORDINATES COMMITTEE ACTIVITIES, ADVISES THE PRESIDENT, PROVIDES FOR PERIODIC REVIEW AND ASSESSMENT OF THE PRESIDENT, AND REVIEWS THE COMPENSATION AND SUPPORT OF THE PRESIDENT. THE EXECUTIVE COMMITTEE ENSURES THAT THE BOARD DISCHARGES ITS FIDUCIARY DUTIES, EXERCISES BOARD GOVERNANCE, AND COMPLIES FULLY WITH THE BYLAWS. THE EXECUTIVE COMMITTEE EXERCISES ALL POWERS AND AUTHORITY OF THE FULL BOARD OF TRUSTEES WHEN THE FULL BOARD OF TRUSTEES IS NOT IN SESSION; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT (A) APPROVE DISSOLUTION, MERGER OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE UNIVERSITY'S ASSETS; (B) ELECT, APPOINT OR REMOVE TRUSTEES, OR FILL VACANCIES ON THE BOARD OF TRUSTEES, OR (C) ADOPT, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OF THE UNIVERSITY OR THESE BYLAWS. THE EXECUTIVE COMMITTEE SHALL KEEP A FULL AND COMPLETE RECORD OF ALL ITS ACTS AND TRANSACTIONS, AND SHALL REPORT ITS ACTIONS TO THE FULL BOARD OF TRUSTEES AT EACH REGULAR OR SPECIAL MEETING THEREOF. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SUBMISSION. THE 990 IS THEN PROVIDED TO THE BOARD MEMBERS AND DISCUSSED IN A MEETING OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES AND KEY EMPLOYEES. EACH PERSON INFORMS WINGATE OF ANY POSSIBLE CONFLICT ON THE FORM THEY SIGN. THE CONFLICT OF INTEREST POLICY APPLIES ON MAJOR CONTRACTUAL ARRANGEMENTS WHERE OFFICERS, TRUSTEES, OR KEY EMPLOYEES HAVE AN INTEREST; TOTAL DISCLOSURE TO DECISION MAKER IS MADE. THE AFFECTED INDIVIDUAL RECUSES HIM/HERSELF FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15: THE UNIVERSITY WAS ADVISED BY A COMPENSATION AND BENEFITS OUTSIDE ADVISOR TO REVIEW AND DISCUSS THE RESULTS OF PRESIDENTIAL COMPENSATION OF A PEER GROUP OF UNIVERSITIES IN NORTH AND SOUTH CAROLINA WITH THOSE AT WINGATE UNIVERSITY. THE UNIVERSITY AND CONSULTANT DISCUSSED THE RESULTS AND CONCLUDED THAT THE COMPENSATION FOR THE PRESIDENT WAS CONSISTENT WITH THE PEER GROUP, AS WELL AS APPROPRIATE IN THE CONTEXT OF MARKET CONDITIONS FOR HIGHER EDUCATION IN THE CAROLINAS. ON THE BASIS OF THESE FINDINGS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVED PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A, COLUMN F THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -$87,065 FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE THE PRIOR YEAR. WINGATE REAL ESTATE HOLDINGS LLC PO BOX 159 WINGATE NC 28174 GOLF COURSES NC 3952774 4198816 WINGATE UNIV WINGATE UNIVERSITY FOUNDATION PO BOX 159 WINGATE NC 28174 561559907 BENEFIT OF WU NC 501(C)(3) LINE 12A, I WINGATE UNIV true false false false false false false false false false false false false false true false false false false SCHEDULE R, PART I, IDENTIFICATION OF DISREGARDED ENTITIES: NAME: WINGATE REAL ESTATE HOLDINGS LLC PRIMARY ACTIVITY: HOLD WINGATE HOLDINGS LLC & WINGATE HOLDINGS II LLC TO OPERATE GOLF COURSES DIRECT CONTROLLING ENTITY: WINGATE UNIVERSITY SCHEDULE R, PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME: WINGATE UNIVERSITY FOUNDATION PRIMARY ACTIVITY: ORGANIZED SOLELY FOR THE BENEFIT OF WINGATE UNIVERSITY DIRECT CONTROLLING ENTITY: WINGATE UNIVERSITY