2023-01-31T11:26:40-06:00 2022-05-31 741699466 FITTS ROBERTS KOLKHORST & CO PC 5718 WESTHEIMER STE 1900 HOUSTON TX 77057 990 2021-06-01 741400699 HOUSTON CHRISTIAN UNIVERSITY HOUS 2816493000 7502 FONDREN RD HOUSTON TX 77074 SANDRA N MOONEY CHIEF FINANCIAL OFFICER 2816493000 2023-01-25 1 SANDRA MOONEY 999009999 ROGER L DUNCAN CPA P01087367 7132605230 2023-01-25 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z X DR ROBERT B SLOAN JR 7502 FONDREN RD HOUSTON TX 77074 162216699 0 X WWW.HBU.EDU X 1960 TX TO PROVIDE INSTRUCTION FOR APPROXIMATELY 5,000 STUDENTS IN UNDERGRADUATE AND GRADUATE COURSES 29 29 1098 12 638707 0 23896926 40313283 103360952 110442391 16547489 2106153 6172099 7893649 149977466 160755476 53329574 56467324 0 0 36833181 40492324 0 0 1418472 37286163 44665284 127448918 141624932 22528548 19130544 324395919 346212692 105099904 113107755 219296015 233104937 THE MISSION OF HOUSTON CHRISTIAN UNIVERSITY IS TO PROVIDE A LEARNING EXPERIENCE THAT INSTILLS IN STUDENTS A PASSION FOR ACADEMIC, SPIRITUAL, AND PROFESSIONAL EXCELLENCE AS A RESULT OF OUR CENTRAL CONFESSION, "JESUS CHRIST IS LORD" 0 0 101360315 56467324 119816444 PROVIDES INSTRUCTION FOR APPROXIMATELY 5,000 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES. 101360315 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 1 1 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 182 0 1 1098 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X SANDRA N MOONEY CPA CHIEF FINANCIAL OFFICER 2816493000 7502 FONDREN RD HOUSTON TX 77074 GARRY BLACKMON TRUSTEE 0.00 X 0 0 0 BRYAN HUGHES TRUSTEE 0.00 X 0 0 0 BILL WILLIAMS TRUSTEE 0.00 X 0 0 0 LISA SIMON TRUSTEE 0.00 X 0 0 0 KEITH JACOBSON TRUSTEE 0.00 X 0 0 0 CLOIS SMITH TRUSTEE 0.00 X 0 0 0 BRUCE WILLIAMS TRUSTEE 0.00 X 0 0 0 DAN WILFORD TRUSTEE 0.00 X 0 0 0 DUANE BROOKS TRUSTEE 0.00 X 0 0 0 TADD TELLEPSEN TRUSTEE 0.00 X 0 0 0 DAVID MOBLEY TRUSTEE 0.00 X 0 0 0 WILLIE DAVIS TRUSTEE 0.00 X 0 0 0 BILL FLORES TRUSTEE 0.00 X 0 0 0 JUDY GRAHAM TRUSTEE 0.00 X 0 0 0 DIANE WILLIAMS TRUSTEE 0.00 X 0 0 0 JEFF LEACH TRUSTEE 0.00 X 0 0 0 RALPH MCBRIDE TRUSTEE 0.00 X 0 0 0 JUDI PYBURN TRUSTEE 0.00 X 0 0 0 MARC RYLANDER TRUSTEE 0.00 X 0 0 0 MATTHEW W MORRIS TRUSTEE 0.00 X 0 0 0 OMAR GARCIA TRUSTEE 0.00 X 0 0 0 STEPHEN M KERNS TRUSTEE 0.00 X 0 0 0 TOM MOSLEY TRUSTEE 0.00 X 0 0 0 JEROME SMITH TRUSTEE 0.00 X 0 0 0 RAMIRO PENA TRUSTEE 0.00 X 0 0 0 DIANE WILLIAMS TRUSTEE 0.00 X 0 0 0 JIM SMITH ADVISORY TRUSTEE 0.00 X 0 0 0 STEWART MORRIS SR ADVISORY TRUSTEE 0.00 X 0 0 0 JOHNNY BAKER III ADVISORY TRUSTEE 0.00 X 0 0 0 ROBERT B SLOAN PRESIDENT 40.00 X 747803 0 47437 SANDRA N MOONEY CFO/COO 40.00 X 343279 0 33322 JAMES L STEEN VP ENROLLMENT MGMT 40.00 X 241718 0 29647 JEROME JOHNSTON VP FOR INNOVATION & STRATE 40.00 X 34185 0 19148 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 40.00 X 268547 0 22823 STANLEY NAPPER PROVOST/VP ACADEMIC AFFAIR 40.00 X 260121 0 13716 STEVEN PETERSON VP ONLINE/DIGITAL LEARNING 40.00 X 305053 0 36702 STEVE MONIACI DIRECTOR OF ATHLETICS 40.00 X 197593 0 6607 VICTOR D SHEALY COACH 40.00 X 191082 0 23115 BOBBY SPENCER ASSOCIATE VP 40.00 X 286226 0 27566 LEVON HAYRAPETYAN CHAIR, DEPARTMENT OF MANAG 40.00 X 170936 0 17869 CHARLES E BACARISSE VP ADVANCEMENT 40.00 X 194894 0 27042 RITAMARIE TAUER ASSOCIATE PROVOST ACADEMIC OPERATIONS 40.00 X 158508 0 8491 3399945 0 313485 43 0 1 0 TELLEPSEN 777 BENMAR DR SUITE 400 HOUSTON TX 77060 CONSTRUCTION 11369188 ARAMARK MANAGEMENT SERVICES LP 2400 MARKET STREET PHILADELPHIA PA 19103 CONSTRUCTION 5247860 ARAMARK SERVICES INC ARAMARK CHICAGO LOCKBOX 27310 NETWO CHICAGO IL 606731273 FOOD SERVICE 3551089 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INFORMATION SYSTEMS SUPPORT 2919552 GOOGLE INC PO BOX 883654 LOS ANGELES CA 900883654 ONLINE ENROLLMENT LEAD GENERATION 2914423 76 55750 14678142 25579391 40313283 TUITION AND FEES 611600 105817386 105817386 AUXILIARY SERVICES 611600 4625005 4625005 110442391 1838629 1838629 239923 239923 3556467 33375 3523092 3523092 2884385 638707 278742 11218 267524 267524 267524 4932 55750 17890 -12958 -12958 1754130 1398740 355390 355390 ATHLETICS 611600 2201674 2201674 OTHER 611600 992503 992503 FITNESS CENTER 611600 594025 594025 3788202 160755476 119816444 638707 -12958 56467324 56467324 2371930 251200 1869645 251085 31310243 22494979 8164899 650365 1310697 837534 427191 45972 3219005 2047650 1095332 76023 2280449 1493551 731914 54984 4480508 1696443 2784065 19144 19144 164774 164774 6032361 5734476 239890 57995 1020723 826486 182915 11322 1681122 324493 1142358 214271 550628 550628 910758 223436 684310 3012 76086 47572 20316 8198 3549336 3549336 4498188 4498188 1291244 1291244 PLANT EXPENSE 3981112 3981112 MAINTENANCE, REPAIR, EQ 3509859 879708 2630151 CONTRACT LABOR 2819364 1517812 1301552 ATHLETICS 2432993 2432993 7647084 6517651 1084188 45245 141624932 101360315 38846145 1418472 40259376 30819750 10726559 2635967 21666777 17583922 7727883 12369194 2967397 2717652 804235 614489 2531054 1428916 222355181 90106564 104861025 132248617 69267425 87634296 10843761 5294045 36141097 36572676 16599330 16293168 324395919 346212692 6119856 9579783 791849 1386334 81059667 80753698 159990 98422 590787 478579 16155000 20752917 222755 58022 105099904 113107755 X 94033809 94978639 125262206 138126298 219296015 233104937 324395919 346212692 19130544 -5625628 304006 0 X X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 0 132390291 4831794 -3339998 2884723 -248070 131245434 111223114 1674422 16703881 2761161 -5550035 132390291 105640311 3050020 5085930 2729114 -175967 111223114 102429599 1836570 7029034 4376932 1277960 105640311 102805132 1465568 4814923 5586547 1069477 102429599 0.31850 0.52570 0.15580 1 0 9160248 9160248 117570104 41975705 75594399 26273724 24442872 1830852 34789321 19877039 14912282 34561784 3810948 30750836 132248617 REAL ESTATE 35801120 F MINERAL RIGHTS 771556 F 36572676 DEPOSITS 58022 58022 X 100041531 -5625627 1415302 -4210325 104251856 56503620 56503620 160755476 86572908 1415301 1415301 85157607 56467325 56467325 141624932 PART III, LINE 4: PART III, LINE 4: THE UNIVERSITY HAS VARIOUS HISTORICAL PIECES WHICH ARE BEING EXHIBITED IN THE UNIVERSITY'S MUSEUM OF SOUTHERN HISTORY, A BIBLE MUSEUM AND AN ART MUSEUM AND SOME WORKS IN OTHER LOCATIONS OF THE UNIVERSITY. THE MUSEUMS AND ARTWORK GIVES THE STUDENTS OF THE UNIVERSITY THE ABILITY TO EXPERIENCE "HANDS ON" HISTORICAL ITEMS RELATED TO RELIGIOUS AND UNITED STATES HISTORY. PART X, LINE 2: THE UNIVERSITY FOLLOWS ASC 740 WHICH REQUIRES THE EVALUATION OF HOW TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE STANDARD REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAXING AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ADOPTION OF ASC 740 DID NOT HAVE AN EFFECT ON THE UNIVERSITY'S NET ASSET VALUE, FINANCIAL POSITION OR RESULTS OF ACTIVITIES. AS OF MAY 31, 2022 AND 2021 AND THE YEARS THEN ENDED, THE UNIVERSITY AND ITS SUBSIDIARY, BSI, DID NOT HAVE AN ASSET OR LIABILITY FOR ANY UNRECOGNIZED TAX POSITIONS. MANAGEMENT'S DETERMINATIONS REGARDING ASC 740 MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED UPON FACTORS INCLUDING, BUT NOT LIMITED TO, AN ON-GOING ANALYSIS OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES ALLOCATION 16,560. BOOKSTORE COST OF GOODS SOLD 1,398,740. ROUNDING 2. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 56,467,325. BSI OPERATIONS 36,295. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 1,398,740. RENTAL EXPENSES ALLOCATION 16,560. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 56,467,325. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HCU'S NONDISCRIMINATORY POLICY IS INCLUDED ON OUR WEBSITE AND ALL HCU PUBLICATIONS RELATING TO ENROLLMENT AND STUDENT DIVERSITY. SCHEDULE E, PART I, LINE 6 HCU RECEIVED GOVERNMENTAL FINANCIAL AID IN THE FORM OF GRANTS. THE MAJORITY OF THESE GRANTS ARE THEN PROVIDED TO THE STUDENTS OF THE UNIVERSITY TO ASSIST WITH PAYING FOR TUITION AND/OR LIVING COSTS. A SMALL PERCENTAGE OF THE GRANTS RECEIVED BY HBU WERE USED BY THE UNIVERSITY TO SPEND ON REGULAR RECURRING OPERATIONAL EXPENSES. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1 1 PROGRAM SERVICES PROFESSOR OF APOLOGETICS AND THE DIRECTOR OF HCU'S C.S. LEWIS CENTRE IN OXFORD, ENGLAND. TEACHES ONLINE CLASSES FOR HCU AND WORKS WITH STUDENTS PARTICIPATING IN THE SUMMER SPECIAL STUDY ABROAD CLASS IN OXFORD, ENGLAND. 81895 1 1 0 0 1 1 81895 0 81895 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOLF TOURNAMENT, SPRING 44670 41220 3450 2500 8500 2378 VOLLEYBALL GOLF TOURNAMENT, SPRING 16012 14530 1482 4512 60682 55750 4932 2500 13012 2378 17890 -12958 0 SCHOLARSHIPS TO STUDENTS 2909 49535942 BOOK SCHOLARSHIPS X X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT B SLOAN PRESIDENT 747803 0 0 0 0 0 36061 0 11376 0 795240 0 0 0 SANDRA N MOONEY CFO/COO 343279 0 0 0 0 0 19351 0 13971 0 376601 0 0 0 STEVEN PETERSON VP ONLINE/DIGITAL LEARNING 305053 0 0 0 0 0 17062 0 19640 0 341755 0 0 0 BOBBY SPENCER ASSOCIATE VP 286226 0 0 0 0 0 15273 0 12293 0 313792 0 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 268547 0 0 0 0 0 14241 0 8582 0 291370 0 0 0 STANLEY NAPPER PROVOST/VP ACADEMIC AFFAIR 260121 0 0 0 0 0 13716 0 0 0 273837 0 0 0 JAMES L STEEN VP ENROLLMENT MGMT 241718 0 0 0 0 0 13815 0 15832 0 271365 0 0 0 CHARLES E BACARISSE VP ADVANCEMENT 194894 0 0 0 0 0 7615 0 19427 0 221936 0 0 0 VICTOR D SHEALY COACH 191082 0 0 0 0 0 7355 0 15760 0 214197 0 0 0 STEVE MONIACI DIRECTOR OF ATHLETICS 197593 0 0 0 0 0 6607 0 0 0 204200 0 0 0 LEVON HAYRAPETYAN CHAIR, DEPARTMENT OF MANAG 170936 0 0 0 0 0 9359 0 8510 0 188805 0 0 0 RITAMARIE TAUER ASSOCIATE PROVOST ACADEMIC OPERATION 158508 0 0 0 0 0 8491 0 0 0 166999 0 0 0 PART I, LINE 1B PART 1B - ALL COMPENSATION RELATED TO THE UNIVERSITY PRESIDENT IS APPROVED BY THE GOVERNING BODY OF THE UNIVERSITY IN THE EMPLOYMENT CONTRACT PRIOR TO THESE BENEFITS BEING PROVIDED. A RED RIVER EDUCATION FINANCE CORPORATION 752791247 756870BE0 2017-01-31 55490418 REFINANCE SERIES 2007 CRAWFORD EDUCATION FACILITIES CORPORATION BONDS 0 0 0 B CITY OF HOUSTON HIGHER EDUCATION FINANCE CORPORATION 760387014 44237QAG0 2021-03-01 26820608 FINANCE CONSTRUCTION PROJECTS ON UNIVERSITY CAMPUS 0 0 0 A 55490418 5178550 848767 4948101 1 0 1 1 B 26820608 2041962 576472 24202174 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 PAUL SLOAN SON OF ROBERT SLOAN, PRESIDENT 64696 PAUL SLOAN IS AN ASSISTANT PROFESSOR OF THEOLOGY 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE UNIVERSITY IS PROVIDED WITH A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. THEY ARE ASKED TO REVIEW AND PROVIDE ANY FEEDBACK THAT THEY FEEL IS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C UNIVERSITY REVIEWS ALL ANNUALLY SUBMITTED FORMS AND FOLLOWS-UP WITH ANY MEMBER WHO STATES THAT THEY BELIEVE THEY MAY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 FOR THE UNIVERSITY'S PRESIDENT, THE BOARD UTILIZES AN EXTERNAL COMPENSATION ADVISORY REPORT FOR NON-PROFITS AND HIGHER-EDUCATION INSTITUTIONS IN ADDITION TO REVIEW OF THE COMPENSATION OF OTHER UNIVERSITIES AND DISCUSSION TO DETERMINE HOW THE UNIVERSITY'S PRESIDENT IS TO BE COMPENSATED. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE UNIVERSITY'S PRESIDENT UTILIZES OUTSIDE SURVEYS AND OTHER INFORMATION TO MAKE ANNUAL REVIEW AND NEW HIRE OFFER COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR. BEECHNUT STREET INC 7502 FONDREN RD HOUSTON TX 77074 740292451 REAL ESTATE RENTAL TX HOUSTON BAPTIST UNIVERSITY C 1.00000 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 BEECHNUT STREET INC J ACTUAL BEECHNUT STREET INC O ACTUAL