2023-01-30T10:23:02-06:00 2022-05-31 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR NE 3RD FLOOR CHRISTIANSBURG VA 24073 990 2021-06-01 560686603 NORTH CAROLINA WESLEYAN UNIVERSITY INC NORT 2529855100 3400 NORTH WESLEYAN BLVD ROCKY MOUNT NC 278048699 SUZANNE BRACKETT VP OF FINANCE 2529855100 2023-01-27 1 SUZANNE BRACKETT 999009999 MARK WOOLWINE P00647446 5404433606 2023-01-22 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z SUZANNE BRACKETT 3400 N WESLEYAN BLVD ROCKY MOUNT NC 278048677 57313805 0 X WWW.NCWC.EDU X 1956 NC TO PREPARE STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. 26 26 773 0 198380 0 9045288 12109300 47930559 44185298 700112 614540 70062 198380 57746021 57107518 21064842 19989243 0 0 16077196 15614884 0 0 418904 16483015 19343950 53625053 54948077 4120968 2159441 64234386 65274015 14640866 15352661 49593520 49921354 NORTH CAROLINA WESLEYAN UNIVERSITY, A PRIVATE INSTITUTION AFFILIATED WITH THE UNITED METHODIST CHURCH, PREPARES STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. 0 0 48835148 19989243 43979011 INSTRUCTIONAL SERVICES TO UNIVERSITY STUDENTS 317472 PUBLIC SERVICE - OPERATED THE DUNN CENTER FOR THE PERFORMING ARTS, OPEN TO THE COMMUNITY AND EASTERN NORTH CAROLINA. 49152620 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 2153 0 773 1 1 1 0 0 0 0 0 0 0 0 0 X 26 26 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SUZANNE BRACKETT 2529855100 3400 N WESLEYAN BLVD ROCKY MOUNT NC 278048699 MRS LISA BARNES TRUSTEE 5.00 X 0 0 0 MR PAUL A BAUER VICE CHARIMAN 5.00 X 0 0 0 MR VERNON T BRADLEY JR TRUSTEE 5.00 X 0 0 0 MR ARNOLD GORDON-GRAY TRUSTEE 5.00 X 0 0 0 MR DAN L BELL TRUSTEE 5.00 X 0 0 0 MR THOMAS A BETTS JR TRUSTEE 5.00 X 0 0 0 MR HARRY BYNUM TRUSTEE 5.00 X 0 0 0 MR LARRY H CHEWNING TRUSTEE 5.00 X 0 0 0 MS BETH COVOLO TRUSTEE 5.00 X 0 0 0 DR DANIEL L CROCKER CHAIRMAN 5.00 X 0 0 0 MR JETT FEREBEE TRUSTEE 5.00 X 0 0 0 MR TED W GOSSETT TRUSTEE 5.00 X 0 0 0 MS LESLIE HALL TRUSTEE 5.00 X 0 0 0 MS JANICE BRYANT HOWROYD TRUSTEE 5.00 X 0 0 0 MR KEVIN JONES TRUSTEE 5.00 X 0 0 0 MR TW KING TRUSTEE 5.00 X 0 0 0 MR MELVN MITCHELL TRUSTEE 5.00 X 0 0 0 MR BAXTER MYERS TRUSTEE 5.00 X 0 0 0 DR LAWANDA PEACE TRUSTEE 5.00 X 0 0 0 MS TERRI SHARPE TRUSTEE 5.00 X 0 0 0 MR JOE SHEARIN TRUSTEE 5.00 X 0 0 0 MR ROGER TAYLOR TRUSTEE 5.00 X 0 0 0 MR JOHN A TURNAGE SECRETARY 5.00 X 0 0 0 MR CARL TURNER TRUSTEE 5.00 X 0 0 0 MS CONSTANCE WILLIAMS TRUSTEE 5.00 X 0 0 0 MR THOMAS WINSTEAD TRUSTEE 5.00 X 0 0 0 REV ISMAEL RUIZ-MILLAN EX OFFICIO 5.00 X 0 0 0 MS SUZANNE P BRACKETT SVP-ADMINISTRATION 40.00 X 145000 0 17573 MR FRANKLIN E COATS VICE PRESIDENT - ADVANCEM 40.00 X 130475 0 23175 MR AARON V DENTON VP OF ATHLETICS 40.00 X 122574 0 7021 MR MICHAEL E DREW EXECUTIVE DEAN OF ENROLLMENT 40.00 X 98700 0 6168 MR EVAN D DUFF PRESIDENT 40.00 X 268216 0 31072 MS MOLLY A WYATT INTERIM PROVOST 40.00 X 99760 0 12610 MR MARK H HINSON DIRECTOR OF EXTERNAL AFFAI 40.00 X 103335 0 12971 MR JEFFREY W SEARS DIRECTOR OF SECURITY 40.00 X 105049 0 22280 MR JOHN M THOMPSON HEAD MEN'S BASKETBALL COAC 40.00 X 117373 0 23020 1190482 0 155890 7 0 1 0 SODEXO INC & AFFILIATES CAFETERIA 3400 N WESLEYAN BLVD ROCKY MOUNT NC 27804 FOOD SERVICE AND MAINTENANCE 2480690 GEOSURFACES SOUTHEAST INC 150 RIVER PARK RD MOORESVILLE NC 28117 CONSTRUCTION SERVICES 940882 PIEDMONT SERVICE GROUP 1031 NOWELL RD RALEIGN NC 27607 HVAC MAINTENANCE 735294 WELLFLEET GROUP LLC 1500 MAIN ST SPRINGFIELD MA 01103 INSURANCE PROVIDER 463141 JENZABAR INC PO BOX 55018 BOSTON MA 02205 SOFTWARE PROVIDER 451425 28 8953056 3156244 83719 12109300 TUITION AND FEES 611310 35154132 35154132 AUXILIARY ENTERPRISES 611710 7882832 7882832 OTHER SOURCES 611710 1148334 1148334 44185298 325539 325539 142253 0 142253 142253 142253 495288 0 206287 495288 -206287 289001 -206287 495288 CENTER FOR THE PERFORMING ARTS - 711300 56127 56127 56127 57107518 43979011 198380 820827 19989243 19989243 839447 318016 399174 122257 11647565 10314313 1093881 239371 465974 383615 82359 1737376 1432164 305212 924522 741657 182865 7911 7911 47318 47318 715719 401679 314040 210464 30954 179510 157865 130759 2256 24850 630388 630388 3647390 3363280 284110 502118 445795 55539 784 466941 340867 126074 2191931 1885061 306870 413229 101806 311423 OTHER EXPENSES 7380938 6805090 546799 29049 FOOD SERVICES 2321819 2321819 UNIVERSITY STORE 434574 434574 TELEPHONE 278022 30238 246470 1314 -62677 -318310 254354 1279 54948077 49152620 5376553 418904 2424722 2860272 4956777 6138006 2222940 2290727 1182157 1083171 81179 73484 205299 185331 404331 412948 70465925 31352551 39438046 39113374 12523150 10751907 89500 1664500 706285 700295 64234386 65274015 2442744 3149172 1187212 2050615 50000 0 10552141 10003524 315000 93769 149350 14640866 15352661 X 25895894 30013804 23697626 19907550 49593520 49921354 64234386 65274015 2159441 -1831607 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 14920089 78124 -1042134 546750 83220 13326109 11053099 1426197 2984926 531031 13102 14920089 10554390 726850 270983 481565 17559 11053099 11079033 56490 -83712 460812 36609 10554390 10834389 45947 714257 472421 43139 11079033 0.11470 0.63180 0.25350 1 0 191448 191448 42365078 11752965 30612113 14393926 14362883 31043 13515473 5236703 8278770 39113374 AGENCY FUNDS 149350 149350 X 35242718 -1831607 -1831607 37074325 43950 19989243 20033193 57107518 34914884 0 34914884 43950 19989243 20033193 54948077 PART III, LINE 4: NORTH CAROLINA WESLEYAN UNIVERSITY IS A LOCAL AND REGIONAL CENTER FOR THE PERFORMING, VISUAL, AND LITERARY ARTS. THE MIMS ART GALLERY, THE LYNCH COLLECTION, AND THE FOUR SISTERS GALLERY ARE LOCATED ON THE UNIVERSITY CAMPUS. THE BRASWELL MEMORIAL LIBRARY COLLECTION IS LOCATED IN THE ROCKY MOUNT PUBLIC LIBRARY. THE GALLERIES ARE OPEN TO THE PUBLIC AND EXHIBIT PROFESSIONAL ART FROM AROUND THE WORLD, AROUND THE STATE, AND FROM WITHIN OUR OWN EASTERN CAROLINA COMMUNITY. THE UNIVERSITY STRIVES FOR INCLUSION AND QUALITY AND TO SERVE A DIVERSE COMMUNITY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT IS MADE UP PRIMARILY OF ENDOWED SCHOLARSHIPS, DESIGNATED ENDOWMENTS AND GENERAL ENDOWMENTS ESTABLISHED FOR GENERAL UNIVERSITY SUPPORT PURPOSES USING DONOR-RESTRICTED GIFTS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NORTH CAROLINA. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 19,989,243. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 19,989,243. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NON-DISCRIMINATION POLICY IS ON THE WEBSITE, IN ADMISSIONS' PRINTED MATERIALS, IN ADVERTISEMENTS FOR ADMISSIONS' OPEN HOUSES (NEWSPAPERS) AND IN ALL EMPLOYMENT ADVERTISING. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED FEDERAL AND STATE GRANTS IN THE AMOUNT OF $8,953,056. 1 GENERAL SCHOLARSHIPS 1039 19253120 FMV N/A ENDOWED SCHOLARSHIPS 210 513640 FMV N/A SEOG 93 222483 FMV N/A PART I, LINE 2: GRANTS ARE MONITORED BY VARIOUS AREAS. FINANCIAL AID GRANTS ARE MONITORED BY THE FINANCIAL AID DIRECTOR TO ENSURE COMPLIANCE WITH ELIGIBILITY, SELECTION, AND DISTRIBUTION. DOCUMENTATION IS MAINTAINED AND AUDITED ANNUALLY. OTHER DEPARTMENT GRANTS ARE MONITORED BY THE RESPONSIBLE PARTY TO ENSURE THAT EXPENDITURES COMPLY WITH GRANT REQUIREMENTS AND ARE NOT DIVERTED FOR OTHER USES. THE NC BUDGET OFFICE REQUIRES PERIODIC REPORTING FOR ALL GRANTS. THE REPORTING IS COMPLETED BY THE RESPONSIBLE DEPARTMENT AND THEN ENTERED INTO THE STATE WEBSITE BY THE CONTROLLER ANNUALLY. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MR EVAN D DUFF PRESIDENT 240000 0 9000 0 19216 0 14400 0 16672 0 299288 0 0 0 MS SUZANNE P BRACKETT SVP-ADMINISTRATION 140000 0 0 0 5000 0 8400 0 9173 0 162573 0 0 0 MR FRANKLIN E COATS VICE PRESIDENT - ADVANCEM 125259 0 0 0 5216 0 7516 0 15659 0 153650 0 0 0 PART I, LINE 1A THE UNIVERSITY PROVIDES A RESIDENCE AND PAYS COMPENSATION TO THE PRESIDENT OF THE UNIVERSITY. THE RESIDENCE IS ON CAMPUS AND THE PRESIDENT IS REQUIRED TO LIVE AT THE RESIDENCE. MR PAUL BAUER VICE CHAIR ON BOARD OF TRUSTEES 155867 JOHN HACKNEY AGENCY OF ROCKY MOUNT HANDLES UMBRELLA POLICIES FROM UTICA, TRAVELERS, AND ACCIDENT FUND 0 X 5 32560 NYSE VALUE-TRANSFER DATE X MISCELLANEOUS 15 39522 DONOR VALUE X OFFICE SUPPLIES 5 11637 DONOR VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 IN APRIL 2022, THE NORTH CAROLINA WESLEYAN COLLEGE BOARD OF TRUSTEES ANNOUNCED PLANS FOR THE COLLEGE TO BECOME NORTH CAROLINA WESLEYAN UNIVERSITY AND THE CHANGE BECAME EFFECTIVE IN MAY 2022 WITH AN AMENDMENT OF THE CHARTER AND REVISION OF THE BYLAWS. SINCE 2015, THE UNIVERSITY HAS BEEN MOVING IN THIS DIRECTION WITH THE ADDITION OF ITS FIRST TWO MASTER'S PROGRAMS, A KEY COMPONENT OF BEING CONSIDERED A UNIVERSITY. SOME OF THE CRITERIA THAT WERE CONSIDERED WHEN CHANGING THE NAME TO "UNIVERSITY" INCLUDED: SERVING ADULT STUDENTS, OFFERING PROFESSIONAL PROGRAMS, OFFERING GRADUATE PROGRAMS, SERVING A LARGE PERCENTAGE OF INTERNATIONAL STUDENTS AND HAVING MULTIPLE INSTRUCTIONAL LOCATIONS. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE 990 IS FILED IT IS POSTED ON THE SECURE TRUSTEE WEBSITE AND THE TRUSTEES ARE NOTIFIED OF ITS AVAILABILITY FOR THEIR REVIEW. IN THE NOTIFICATION, A PROCESS WILL BE DESCRIBED FOR TRUSTEES TO ASK QUESTIONS, MAKE COMMENTS, ETC. FOR EXAMPLE, THE NOTIFICATION MIGHT SAY THAT QUESTIONS AND COMMENTS SHOULD GO TO THE VICE PRESIDENT OF FINANCE AND THE CHAIR OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY WILL MONITOR THE POLICY FOR ANNUAL DISCLOSURE AND INVESTIGATE NON-REPORTING. THE UNIVERSITY WILL ALSO PERIODICALLY AUDIT SELECTED SELF-DISCLOSURES. PARTIES CAN REPORT VIOLATIONS THROUGH THE WHISTLE BLOWER POLICY MECHANISM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS AND RECOMMENDS THE PRESIDENT'S SALARY BASED UPON ANNUAL GOAL SETTING AND PERFORMANCE EVALUATION, AS SET FORTH IN THE BY-LAWS, AND COMPARABLE SALARIES. THE FULL BOARD APPROVES THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS MADE IN PERSON WILL BE HONORED WITHIN FIVE BUSINESS DAYS. REQUESTS IN WRITING WILL BE MADE AVAILABLE WITHIN THIRTY DAYS. THE UNIVERSITY MAY CHOOSE TO APPLY PROCESSING CHARGES AND/OR MAILING FEES IF THE REQUESTING PARTY DOES NOT WANT TO REVIEW THE DOCUMENTS ON SITE. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.