2024-12-05T16:41:54-06:00 2024-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2023-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2024-12-05 1 0 JOSHUA D MEYER CPA P01229485 2709262922 2023 2024-10-15 13:58:12Z FR LARRY HOSTETTER 2521 SR 657 LEWISPORT KY 42351 26282575 0 0928 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 46 42 368 43 0 0 1416974 1883902 15885499 18338062 961802 554647 19431 29118 18283706 20805729 7151133 8122072 0 0 7716753 7740624 0 0 504725 6668389 6612559 21536275 22475255 -3252569 -1669526 40610525 40884621 10295509 9975216 30315016 30909405 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 20554309 8122072 18424564 UNDERGRADUATE AND GRADUATE EDUCATION 20554309 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 733 0 1 368 1 0 0 0 0 0 0 0 0 0 0 0 0 X 46 42 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 JEAN OWEN ALUMNI REPRESENTATIVE 1.00 X 0 0 0 TODD PALMER FACULTY REPRESENTATIVE 37.50 X 54998 0 4213 LARRY HOSTETTER PRESIDENT 37.50 X X 85978 0 14225 MERCEDES SANTOS-TELLEZ STUDENT REPRESENTATIVE 1.00 X 0 0 0 PATRICK CASON TRUSTEE 1.00 X 0 0 0 RICHARD BROWN TRUSTEE 1.00 X 0 0 0 RICK HIGDON TRUSTEE 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 SARAH FORD TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT TRUSTEE 1.00 X 0 0 0 SHAWN PATTERSON TRUSTEE 1.00 X 0 0 0 SUSIE HARRIS TRUSTEE 1.00 X 0 0 0 SUZANNE CECIL WHITE TRUSTEE 1.00 X 0 0 0 CHARLES KAMUF TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 BETH STEELE TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 KEITH MARTIN TRUSTEE 1.00 X 0 0 0 SHARON SULLIVAN TRUSTEE 1.00 X 0 0 0 ALEX MATTINGLY TRUSTEE 1.00 X 0 0 0 MARTHA KELLER TRUSTEE 1.00 X 0 0 0 TERRE MCJOYNT TRUSTEE 1.00 X 0 0 0 SUSAN MONTALVO-GESSER TRUSTEE 1.00 X 0 0 0 MADISON SILVERT TRUSTEE 1.00 X 0 0 0 NAHEED MURTAZA TRUSTEE 1.00 X 0 0 0 LAUREN PATTON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GRAFF TRUSTEE 1.00 X 0 0 0 JOE KIEFER TRUSTEE 1.00 X 0 0 0 THOMAS THOMPSON TRUSTEE EMERITUS 1.00 X 0 0 0 LARRY O'BRYAN TRUSTEE EMERITUS 1.00 X 0 0 0 KATHRYN RAYMER TRUSTEE EMERITUS 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 DEAN JONES TRUSTEE EMERITUS 1.00 X 0 0 0 SHANDA LARUE STAFF REPRESENTATIVE 37.50 X 53458 0 12420 CHRIS HOUK VP OF ENROLLMENT 37.50 X 101243 0 14859 LAUREN MCCLARY VP OF EXECUTIVE AFFAIRS 37.50 X 60399 0 3426 SYDNEY WARREN VP OF INSTITUTIONAL ADVANC 37.50 X 70473 0 4001 LORI ETHERIDGE VP OF STUDENT DEVELOPMENT 37.50 X 45404 0 17362 DALE CECIL SECRETARY/TREASURER 37.50 X 90180 0 27189 AMANDA MORRIS VP OF ACADEMIC AFFAIRS 37.50 X 70009 0 3952 JEFFREY BARNETTE VP OF ACADEMIC AFFAIRS 37.50 X 48458 0 1714 680600 0 103361 0 0 0 0 FRESH IDEAS MANAGEMENT LLC PO BOS 91337 CHICAGO IL 606931337 STUDENT FOOD SERVICE 850072 EAB PO BOX 603519 CHARLOTTE NC 28260 STUDENT RECRUITING 338957 ANYTIME HEATING & AIR CONDITIONING LLC 5050 JONES ROAD OWENSBORO KY 42303 HVAC 117427 NIGHTHAWK SECURITY LLC 2965 LOST LAKE COVE OWENSBORO KY 42303 SECURITY 106627 4 316851 1567051 200975 1883902 TUITION & FEES 611600 15280413 15280413 AUXILIARY INCOME 611600 2811835 2811835 MISC STUDENT SERVICES 611600 245814 245814 18338062 469328 469328 44420 16485 27935 27935 27935 5361255 5275936 85319 85319 85319 185608 184425 1183 1183 20805729 18424564 0 497263 8122072 8122072 898625 768241 130384 5445492 4938989 338440 168063 201157 181049 12847 7261 818398 684666 86631 47101 376952 343558 21239 12155 67035 67035 48795 48795 51915 51915 399750 359750 40000 610358 517178 93180 737872 725524 4487 7861 183840 183840 678512 678512 649014 581788 28506 38720 320752 320752 1315527 1315527 323441 323441 STUDENT MEALS 783749 783749 REPAIRS & MAINTENANCE 224785 224785 BAD DEBTS 217214 217214 22475255 20554309 1416221 504725 1531580 869538 294708 140362 78405 192293 410991 334454 34504 33850 98329 110897 44958572 24365892 21651478 20592680 16160865 18362583 349665 247964 40610525 40884621 1401819 1609303 97086 99071 8340393 7899980 456211 366862 10295509 9975216 X 14045105 12286295 16269911 18623110 30315016 30909405 40610525 40884621 -1669526 2263915 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15199815 270519 2727396 428884 168954 143655 17456237 15810952 73518 29690 419720 153991 140634 15199815 17399766 518300 -1160976 699673 92973 153492 15810952 13465792 438264 3937796 320818 32851 88417 17399766 12872990 352846 849849 476725 13987 119181 13465792 0.02590 0.68960 0.28450 0 0 32450259 15934853 16515406 6066747 5109440 957307 6441566 3321599 3119967 20592680 ASSET RETIREMENT OBLIGATION 140291 OPERATING LEASE LIABILITIES 226571 366862 X 13494569 2263915 109465 -1976063 397317 13097252 51915 7656562 7708477 20805729 14840297 109465 16485 125950 14714347 51915 7708993 7760908 22475255 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 16,485. INVESTMENT RETURN ABOVE SPENDING RULE -1,992,548. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,656,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 16,485. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,656,562. CHANGE IN STUDENT LOAN RESERVE 52,431. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 592 8122072 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. X 1 50490 STOCK QUOTE X 1 135000 APPRAISAL X FOOD 2 9146 DONOR PROVIDED X PRINTING 2 6339 DONOR PROVIDED 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2023 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.