2025-01-15T14:13:12+00:00 2024-05-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-06-01 350868101 Huntington University HUNT 2603594006 2303 COLLEGE AVENUE HUNTINGTON IN 46750 CONNIE BONNER VP FINANCE/TREASURER 2603594006 2025-01-15 true true Anne White P01708202 2604604000 2024-01-03 2023 2024-10-15 13:58:12Z SHERILYN EMBERTON 2303 COLLEGE AVENUE HUNTINGTON IN 46750 64173234 false X www.huntington.edu X 1897 IN HUNTINGTON UNIVERSITY IS A CHRIST CENTERED INSTITUTION THAT EXISTS TO CARRY OUT THE MISSION OF CHRIST IN HIGHER EDUCATION THROUGH A CURRICULUM OF ACADEMIC EXCELLENCE. 32 31 910 600 10588 8166 7807252 10283208 37244854 39782916 926800 1053831 0 0 45978906 51119955 13395957 15389582 0 0 18083023 18229311 27810 0 972081 18814481 20211021 50321271 53829914 -4342365 -2709959 94835151 101934591 29062719 36140506 65772432 65794085 See Schedule O false false 46678706 15389582 39782916 HUNTINGTON UNIVERSITY IS A CHRISTIAN UNIVERSITY WITH THE PRIMARY PURPOSE OF EDUCATING AND DEVELOPING INDIVIDUALS. THE UNIVERSITY HAS APPROXIMATELY 1,500 STUDENTS AND OFFERS MORE THAN 70 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. AS A CHRISTIAN UNIVERSITY, HUNTINGTON IS COMMITTED TO DEVELOPING THE WHOLE PERSON ASSISTING STUDENTS WITH UNDERSTANDING ALL AREAS OF HUMAN KNOWLEDGE FROM THE PERSPECTIVE OF A CHRISTIAN WORLD VIEW, AND PREPARING THEM TO IMPACT THEIR WORLD FOR CHRIST. 46678706 true true false false false false true false true true false false false true false false true true false false false false false false false false false true true true false false false false false false false false false true true false false false true true true false false false true 1784 0 true 910 true true true false false false false true true false false false false false false X 32 31 false false false false false false false true true false false false true true true true false true true false IN X CONNIE BONNER 2603566000 2303 COLLEGE AVENUE HUNTINGTON IN 46750 MONTE LIGHTNER CHAIR 2.0 0.0 X X 0 0 0 RAE GONTERMAN VICE CHAIR 2.0 0.0 X X 0 0 0 TOM FEUSSE SECRETARY 2.0 0.0 X X 0 0 0 ADRIAN HALVERSTADT BOARD MEMBER 2.0 0.0 X 0 0 0 BOBBY CALEY BOARD MEMBER 2.0 0.0 X 0 0 0 BRIAN EMERICK BOARD MEMBER 2.0 0.0 X 0 0 0 BRIAN MORE BOARD MEMBER 2.0 0.0 X 0 0 0 BRIAN NOFZINGER BOARD MEMBER 2.0 0.0 X 0 0 0 BROOKS FETTERS ADVANCEMENT CHAIR 2.0 0.0 X 0 0 0 CANDANCE CURIE BOARD MEMBER 2.0 0.0 X 0 0 0 DALTON JENKINS BOARD MEMBER 2.0 0.0 X 0 0 0 HERB SCHUMM BOARD DEVELOPMENT CHAIR 2.0 0.0 X 0 0 0 JEANNE WICKENS BOARD MEMBER 2.0 0.0 X 0 0 0 JOSH WILHITE BOARD MEMBER 2.0 0.0 X 0 0 0 JOSH WILLARD BOARD MEMBER 2.0 0.0 X 0 0 0 KATIE FRASER BOARD MEMBER 2.0 0.0 X 0 0 0 KRISTI MCCONNELL ACADEMIC PROGRAMS CHAIR 2.0 0.0 X 0 0 0 LARS ANDERSEN BOARD MEMBER 2.0 0.0 X 0 0 0 MARTY PENNINGTON STUDENT LIFE CHAIR 2.0 0.0 X 0 0 0 MATT WILCOX BOARD MEMBER 2.0 0.0 X 0 0 0 NANCY BROWN BOARD MEMBER 2.0 0.0 X 0 0 0 NANCY LAMPORT BOARD MEMBER 2.0 0.0 X 0 0 0 NICOLE JOHNSON BOARD MEMBER 2.0 0.0 X 0 0 0 RD SCHRADER BOARD MEMBER 2.0 0.0 X 0 0 0 RICHARD MERILLAT BOARD MEMBER 2.0 0.0 X 0 0 0 ROBIN WRIGHT FINANCE CHAIR 2.0 0.0 X 0 0 0 RON FREEMAN ENROLLMENT MANAGEMENT/UNIVERSITY RELATIONS CHAIR 2.0 0.0 X 0 0 0 RYAN WARNER BOARD MEMBER 2.0 0.0 X 0 0 0 SUE MILLER BOARD MEMBER 2.0 0.0 X 0 0 0 TODD FETTERS AT-LARGE MEMBER 2.0 0.0 X 0 0 0 TOM CLOUNIE BOARD MEMBER 2.0 0.0 X 0 0 0 TOMI CARDIN BOARD MEMBER 2.0 0.0 X 0 0 0 CONNIE BONNER VP FOR FINANCE/TREASURER 50.0 0.0 X 123143 0 16763 LUKE FETTERS VP FOR ACADMEIC AFFAIRS/DEAN 50.0 0.0 X 90169 0 15887 SHERILYN EMBERTON PRESIDENT 50.0 0.0 X 236676 0 81182 STEPHEN WEINGART VP FOR ADVANCEMENT 50.0 0.0 X 126722 0 25462 EVELYN ANDERSSON OTD PROGRAM DIRECTOR 50.0 0.0 X 141442 0 17642 JEANNE SOWERS ASSOCIATE PROFESSOER OT 50.0 0.0 X 132356 0 17008 JILL LINDER OCCUPATIONAL THERAPIST 50.0 0.0 X 103470 0 15453 NATHAN SHORT ASSOCIATE PROFESSOR OTD 50.0 0.0 X 115723 0 15623 RUSSELL DEGITZ CHIEF OPERATING OFFICER 50.0 0.0 X 105650 0 15665 1175351 0 220685 8 false true false FCI CONSTRUCTION 5417 Country Road 427 Auburn IN 46706 CONTRACTOR 8602100 SODEXO INC AND AFFILIATES 502 Lake St Huntington IN 46750 FOOD SERVICE 2711138 NATIONAL MANAGEMENT RESOURCES PO Box 1224 LaGrange GA 30241 CUSTODIAL AND MAINT 926875 PARKVIEW HEALTH SYSTEMS 10501 Corporate Dr Fort Wayne IN 46845 ATHLETIC TRAINERS 358421 CLOUNIE LANDSCAPING INC 6492 N US Highway 24 E Huntington IN 46750 CONSTRUCTION 296379 20 10086 2558477 7714645 3705511 10283208 TUITION AND FEES 611710 32495851 32495851 FOOD SERVICE 611710 3029631 3029631 RESIDENCE HALLS 611710 3328144 3328144 OTHER PROGRAM 611710 279980 279980 OTHER REVENUE 611710 649310 649310 0 0 0 0 39782916 883766 8639 875127 0 0 13223344 13053279 170065 0 170065 1949 168116 0 0 0 0 0 51119955 39782916 10588 1043243 15389582 15389582 576710 150239 221646 204825 12914276 11273865 1284260 356151 543391 440146 81509 21736 3264109 2739511 381384 143214 930825 753968 139624 37233 391875 391875 84870 84870 43312 43312 2461945 2301844 160101 0 654621 564782 69281 20558 926556 854605 42652 29299 1137990 967227 116283 54480 3594457 2588009 970503 35945 817944 735402 67422 15120 373701 280502 73236 19963 652107 88694 563413 3232012 2726551 495765 9696 558092 502281 55811 Food Costs 2518531 2518531 Repairs & Maintenance 519504 506639 8401 4464 2243504 1296328 927779 19397 53829914 46678706 6179127 972081 15430 12197 5592675 4085033 1744884 1756365 1707671 430186 0 0 0 0 443573 380881 538861 694582 121835073 60266978 50773409 61568095 24027747 23460181 1339743 1483451 3499908 3499908 5151250 4563712 94835151 101934591 2425167 2978433 1463693 1768203 5650000 5325000 0 0 13328426 20852109 6195433 5216761 29062719 36140506 X 30735701 32751744 35036731 33042341 65772432 65794085 94835151 101934591 X -2709959 2639649 91963 X false true X true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 29305647 481499 3620967 3138257 30269856 32017229 168429 -769896 2110115 29305647 35229778 394037 -1664621 1941965 32017229 28949830 315315 7792963 1828330 35229778 28693600 179467 1947597 1870834 28949830 0.0705 0.7539 0.1756 true false 4671825 4671825 89393482 45752888 43640594 13358626 9679833 3678793 14411140 4834257 9576883 61568095 FUNDS HELD FOR OTHERS 883360 LIABILITY FOR DERIVATIVE CONTR 128534 LIABILITY FOR ANNUITY CONTRACT 400755 OPERATING LEASE LIABILITIES 3709524 FINANCE LEASE LIABILITIES 94588 5216761 38296442 2639649 0 2639649 35656793 43312 15419850 15463162 51119955 38397020 0 0 38397020 43312 15389582 15432894 53829914 Schedule D, Part XIII ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote IT IS THE POLICY OF THE UNIVERSITY NOT TO RECOGNIZE CONTRIBUTIONS OF WORKS OF ART BECAUSE THE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FINANCIAL GAIN. Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY RECEIVED A DONATION OF VARIOUS WORKS OF ART IN 1987. THE COLLECTION INCLUDES 107 ITEMS AND IS DISPLAYED IN SEVERAL LOCATIONS ON CAMPUS INCLUDING THE WILSON ART GALLERY. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT FUND IS DESIGNATED TO PROVIDE SCHOLARSHIPS AND OTHER FUNDS TO SUPPORT OPERATIONS OF THE INSTITUTION. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements CHANGE IN SPLIT INTEREST AGREEMENT - 30268 STUDENT AID RECLASS - 15389582 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT AID RECLASS - 15389582 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY NEWSPAPERS, CATALOGS, INTERNET WEB HOMEPAGE, AND ADVERTISING MEDIA CONTAIN HUNTINGTON UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY EITHER PUBLISHED OR BROADCASTED FOR STUDENT RECRUITMENT, REGISTRATION OR RETENTION AND PERSONNEL RECRUITMENT. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT HUNTINGTON UNIVERSITY RECEIVES FINANCIAL AID FROM GOVERNMENTAL AGENCIES IN THE FORM OF GRANTS AND LOANS. SCHOLARSHIPS 1182 15389582 Schedule I, Part I, Line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: AFTER STUDENT HAS BEEN ACCEPTED, THEY MUST FILE A FAFSA. THE UNIVERSITY CONSIDERS ACADEMIC SCHOLARSHIPS, OUTSIDE SCHOLARSHIPS, FEDERAL GRANTS AND STATE ELIGIBILITY IN THAT RESPECTIVE ORDER. IF THE STUDENT NEEDS FURTHER ASSISTANCE, THE UNIVERSITY OFFERS FEDERAL LOANS, COLLEGE GRANTS AND EMPLOYMENT OPPORTUNITIES. FINANCIAL AID BASED ON NEED IS AWARDED ON FAFSA CALCULATIONS AND THE RESULTING FINANCIAL AID THAT IS TO BE MET. ACADEMIC SCHOLARSHIPS ARE AWARDED BASED ON HIGH SCHOOL GPA, CLASS RANK AND STANDARD TEST SCORES. NEED-BASED GRANTS CAN BE ALLOCATED TO RETURNING STUDENTS BASED ON PREVIOUS YEARS AS LONG AS FINANCIAL NEED IS STILL PRESENT. ACADEMIC SCHOLARSHIPS CONTINUE BASED ON THE STUDENT'S CUMULATIVE GPA AT THE END OF THE YEAR. X true true X X X false true false false false false false false false SHERILYN EMBERTON PRESIDENT 231577 0 0 0 5099 0 46750 0 34432 0 317858 0 0 0 STEPHEN WEINGART VP FOR ADVANCEMENT 120419 0 0 0 6303 0 6681 0 18781 0 152184 0 0 0 EVELYN ANDERSSON OTD PROGRAM DIRECTOR 140680 0 0 0 762 0 7210 0 10432 0 159084 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE UNIVERSITY PRESIDENT RESIDES IN A UNIVERSITY OWNED HOUSE AS REQUIRED BY CONTRACT. THE HOUSE IS LOCATED ON CAMPUS AND IS USED BY THE PRESIDENT FOR UNIVERSITY FUNCTIONS INCLUDING RECEPTIONS, DINNERS AND OTHER BUSINESS EVENTS. THE SECT. 119 RULES ARE MET AND, AS A RESULT, THE FAIR MARKET VALUE OF THIS BENEFIT IS CONSIDERED NONTAXABLE COMPENSATION TO THE PRESIDENT. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan SHERILYN EMBERTON PARTICIPATES IN A 457(F) PLAN. DURING 2023, AMOUNTS PAID OUT WERE $0, AND ADDITIONAL AMOUNTS DEFERRED UNDER THE PLAN WERE $35,000. A CITY OF HUNTINGTON INDIANA ECONOMIC AUTHORITY 351634309 446356CD7 2007-08-01 8750000 CITY OF HUNTINGTON INDIANA ECONOMIC DEVELOPMENT REVENUE REFUNDING AND IMPROVEMENT BONDS false false false A 3425000 8750000 150099 56140 2007 false false true true A false false false false 0.0 false false true A false false true false false false false false false A false SUBSTANTIAL CONTRIBUTORS SUBSTANTIAL CONTRIBUTORS 8602100 INDEPENDENT CONTRACTOR false CLOUNIE LANDSCAPE TOM CLOUNIE, BOARD MEMBER 296379 LANDSCAPING SERVICES false X 8 201431 Market value X 1 3365000 Market value X Software 1 94500 Market value X GOLF CART 1 8000 Market value X Miscellaneous 76 36580 Market value false true false Schedule M, Part I THE AMOUNTS LISTED IN PART I, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. Form 990, Part III, Line 1 HUNTINGTON UNIVERSITY IS A CHRIST-CENTERED LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION WITH A STRONG HISTORIC AND ONGOING RELATIONSHIP WITH THE CHURCH OF THE UNITED BRETHREN IN CHRIST, USA. WITH THE CONVICTION THAT ALL TRUTH IS GOD'S TRUTH, THE UNIVERSITY EXISTS TO CARRY OUT THE MISSION OF CHRIST IN HIGHER EDUCATION. THROUGH A CURRICULUM OF DEMONSTRATED ACADEMIC EXCELLENCE, STUDENTS ARE EDUCATED IN THE LIBERAL ARTS AND THEIR CHOSEN DISCIPLINES, ALWAYS SEEKING TO EXAMINE THE RELATIONSHIP BETWEEN THE DISCIPLINES AND GOD'S REVELATION IN JESUS CHRIST. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990, EXCLUDING SCHEDULE B, IS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. A COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES OF THE UNIVERSITY, THE GOVERNING BODY RESPONSIBLE FOR REVIEW OF ALL FINANCIAL OPERATIONS OF THE UNIVERSITY, BEFORE THE 990 IS FILED. AN INDEPENDENT ACCOUNTING FIRM ALSO PERFORMS A REVIEW OF FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD DEVELOPMENT COMMITTEE OF THE BOARD OF TRUSTEES AND THE PRESIDENT'S OFFICE ANNUALLY CONFIRMS THE RECEIPT OF SIGNED CONFLICT OF INTEREST FORMS FROM ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE ANSWERS SUBMITTED FOR ANY POSSIBLE CONFLICTS OF INTEREST. THAT TRUSTEE, OFFICER, OR KEY EMPLOYEE WHO HAS DISCLOSED AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, OR WHO HAS BEEN FOUND TO HAVE A CONFLICT OF INTEREST WILL NOT PARTICIPATE IN THE UNIVERSITY'S DECISION MAKING PROCESS WITH REGARD TO THAT TRANSACTION, EXCEPT TO THE EXTENT EXPRESSLY REQUESTED IN WRITING BY THE BOARD OF TRUSTEES OR ITS BOARD DEVELOPMENT COMMITTEE. SHOULD A CONFLICT OF INTEREST MATTER REQUIRE A VOTE BY THE BOARD OF TRUSTEES OR ONE OF ITS COMMITTEES, THAT TRUSTEE OR OFFICER SHALL NOT BE PRESENT AT THE TIME OF THE VOTE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEE'S PERSONNEL COMMITTEE. THE COMMITTEE COMPARES THE DATA TO COMPARATIVE INSTITUTIONS. A REVIEW WAS COMPLETED IN FISCAL YEAR 2023-24. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PRESIDENT REVIEWS COMPARATIVE SALARY INFORMATION FOR ALL OFFICER POSITIONS AND SETS SALARIES FOR THEM ANNUALLY AND INFORMS THE BOARD CHAIR OF HIS/HER ACTIONS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF DERIVATIVE CONTRACTS: - 122231; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: - -30268; FORM 990, PART VI, LINE 1B THOMAS A. CLOUNIE OWNS 100% OF CLOUNIE LANDSCAPING, AN INDEPENDENT CONTRACTOR FOR THE UNIVERSITY. AS A RESULT, HE IS CONSIDERED A NON-INDEPENDENT BOARD MEMBER. CLEAR DISTRIBUTION LLC 2303 COLLEGE AVE HUNTINGTON IN 46750 811435123 BUS DEVELOP. IN 0 0 HUVI FORESTER FARMS LLC 2303 COLLEGE AVE HUNTINGTON IN 46750 853974437 FARM ACTIVITY IN 24317 20681 HUNTINGTON U FORESTER FILM LLC 2303 COLLEGE AVE HUNTINGTON IN 46750 873963950 FILM PRODUCTION IN 155696 8942 HUNTINGTON U INDEPENDENT COLLEGES OF INDIANA INC 30 S MERIDIAN ST STE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(c)(3) Type I NA false HU VENTURES INC 2303 COLLEGE AVENUE HUNTINGTON IN 46750 455423234 BUS. DEVELOPM IN HUNTINGTON U C Corporation 0 9242 1.0000 true false false true true false false false false false false false false false false false false true false true