2023-01-12T00:00:00-06:00 2022-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2021-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2022-12-19 1 DALE CECIL 999009999 JOSHUA D MEYER CPA P01229485 2709262922 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z FR LARRY HOSTETTER 2521 SR 657 LEWISPORT KY 42351 27936522 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. 45 41 348 42 0 0 5034400 3673287 19277812 18759382 948092 1328743 14047 12354 25274351 23773766 8869562 9849300 0 0 7607274 7879876 0 0 487453 6501105 6968180 22977941 24697356 2296410 -923590 48410621 44350012 10653409 9964646 37757212 34385366 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 22916818 9849300 19341914 UNDERGRADUATE AND GRADUATE EDUCATION 22916818 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 0 0 0 0 0 0 0 0 0 1 873 0 1 348 1 0 0 0 0 0 0 0 0 0 0 0 0 X 45 41 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 AMELIA STENGER TRUSTEE 1.00 X 0 0 0 BAYLEE HOLDER STUDENT REP 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 CHARLES KAMUF TRUSTEE 1.00 X 0 0 0 DEAN JONES TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT TRUSTEE 1.00 X 0 0 0 DONALD RINEY TRUSTEE EMERITUS 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 HELEN CORNELL TRUSTEE 1.00 X 0 0 0 JASON MCLURE TRUSTEE 1.00 X 0 0 0 JEAN OWEN TRUSTEE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 KATHRYN RAYMER TRUSTEE EMERITUS 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 LARRY HOSTETTER PRESIDENT 37.50 X X 91854 0 14303 LARRY O'BRYAN TRUSTEE EMERITUS 1.00 X 0 0 0 LAUREN PATTON TRUSTEE 1.00 X 0 0 0 MADISON SILVERT TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 NAHEED MURTAZA TRUSTEE 1.00 X 0 0 0 PAT LYNCH TRUSTEE 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 ROBERT BEST TRUSTEE EMERITUS 1.00 X 0 0 0 ROD KUEGEL TRUSTEE 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 SAM DUNLANY TRUSTEE EMERITUS 1.00 X 0 0 0 SUSAN MONTALVO-GESSER 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 THOMAS THOMPSON TRUSTEE EMERITUS 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 WILLIAM YOUNG III TRUSTEE EMERITUS 1.00 X 0 0 0 JOE KIEFER TRUSTEE 1.00 X 0 0 0 SARAH FORD TRUSTEE 1.00 X 0 0 0 ALEX MATTINGLY TRUSTEE 1.00 X 0 0 0 CHRIS HOUK VP OF ENROLLMENT 37.50 X 110057 0 14269 JOSH CLARY VP OF STUDENT DEVELOPMENT 37.50 X 58796 0 24034 MORGAN RUSSELBURG STAFF REPRESENTATIVE 37.50 X 37124 0 2195 SYDNEY WARREN VP OF INSTITUTIONAL ADVANC 37.50 X 63772 0 3787 TODD PALMER FACULTY REPRESENTATIVE 37.50 X 52758 0 4123 DALE CECIL SECRETARY/TREASURER 37.50 X 82750 0 25573 JEFF BARNETTE VP OF ACADEMIC AFFAIRS 37.50 X 68915 0 4097 566026 0 92381 0 0 0 0 FRESH IDEAS MANAGEMENT LLC 3220 VANDIVER DR COLUMBIA MO 65202 STUDENT FOOD SERVICE 737168 EAB PO BOX 603519 CHARLOTTE NC 28260 STUDENT RECRUITING 514918 WILEY EDU LLC PO BOX 22309 NEW YORK NY 10087 LEARNING MANAGEMENT 400000 3 1664587 2008700 15224 3673287 TUITION & FEES 611600 15844659 15844659 AUXILIARY INCOME 611600 2756277 2756277 MISC STUDENT SERVICES 611600 158446 158446 18759382 732219 732219 65086 38740 26346 26346 26346 4474636 300 3878412 0 596224 300 596524 596524 231612 245604 -13992 -13992 23773766 19341914 0 758565 9849300 9849300 782810 604315 178495 5750948 5164502 442787 143659 246328 219908 19497 6923 712284 607223 73208 31853 387506 347580 29779 10147 39835 39835 65558 65558 61674 61674 608820 608820 673214 613056 60158 756088 731522 17451 7115 165420 165420 679281 679281 557631 507873 655 49103 1001 1001 600935 600935 1393412 1393412 259499 259499 STUDENT MEALS 694195 694195 REPAIRS & MAINTENANCE 261181 261181 BAD DEBTS 150436 150436 24697356 22916818 1293085 487453 3793107 3974358 494963 307174 33736 98045 2462808 364428 25029 25752 25415 98378 44574091 21843825 23692047 22730266 17872981 16740829 10535 10782 48410621 44350012 947823 847902 289186 222647 9300260 8770408 116140 123689 10653409 9964646 X 18030553 16580963 19726659 17804403 37757212 34385366 48410621 44350012 -923590 -2448256 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17399766 518300 -1160976 699673 92973 153492 15810952 13465792 438264 3937796 320818 32851 88417 17399766 12872990 352846 849849 476725 13987 119181 13465792 13513494 122239 -33323 590530 7659 131231 12872990 12948728 118432 1008577 440340 11818 110085 13513494 0.02660 0.73960 0.23380 0 0 32260000 14053783 18206217 5941731 4641634 1300097 6372360 3148408 3223952 22730266 ASSET RETIREMENT OBLIGATION 123689 123689 X 15302365 60990 55465 116455 15185910 58638 8529218 8587856 23773766 16520129 60990 55465 116455 16403674 58638 8235044 8293682 24697356 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 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 38,740. COGS - OTHER COSTS 16,725. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 8,185,296. NON-OPERATING INVESTMENT INCOME/LOSS 343,622. GAIN ON DISPOSAL OF ASSETS 300. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 38,740. COGS 16,725. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 8,185,296. CHANGE IN STUDENT LOAN RESERVE 49,448. GAIN ON DISPOSAL OF ASSETS 300. 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 579 9849300 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. 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 2022 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.