2022-08-02T12:31:31-05:00 2021-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2020-07-01 570314404 Newberry College NEWB 8032765010 2100 College Street Newberry SC 29108 David Sayers VP Admin Affairs & CFO 8032765010 2022-08-02 1 David Sayers 999009999 Ted R Batson Jr P00721951 6785185301 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Maurice Scherrens 2100 College Street Newberry SC 29108 54428092 0 X www.newberry.edu X 1856 SC Provide undergraduate education for approximately 1,000 students. 22 21 525 23 0 0 8299180 6926693 44281351 45416118 366952 1649984 -61527 31701 52885956 54024496 18520775 19916709 0 0 13569812 13839169 35711 0 823449 17181045 17410368 49307343 51166246 3578613 2858250 63850251 69782907 35571641 37287443 28278610 32495464 X Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well-being, and spiritual growth by providing a Christian education in the Lutheran tradition. 0 0 22508480 14707810 33934891 InstructionNewberry College has a rich tradition of providing personal attention, challenging academic programs, and a close-knit community that welcomes everyone. We combine our strong liberal arts foundation with specialized professional degree programs to prepare students for successful futures. Newberry College prepares students in the Lutheran liberal arts tradition through our supportive academic community for lifelong intellectual and personal development, meaningful vocation, and engaged citizenship in the global society.Intellectual DevelopmentStudents will acquire, develop, and demonstrate:-knowledge of the arts, sciences, and humanities as ways of understanding the world and our place in it.-effective oral and written communication skills.-critical thinking and quantitative analytical skills necessary for interpreting information and solving problems in a 21st-century global society.-proficiency in information literacy.Personal DevelopmentStudents will acquire, develop, and demonstrate:-the ability to work with others as leaders or as members of a team to accomplish common goals in a diverse society.-an understanding of the heritage of the Christian faith and its contribution to humane problem solving in the evolving global community.-moral reasoning skills essential for making life choices that balance personal freedoms and societal responsibilities.-the knowledge, attitudes, and habits that contribute to a healthy lifestyle.Meaningful VocationStudents will acquire, develop, and demonstrate:-knowledge of the history, methods of inquiry, and current intellectual claims of a chosen specific discipline or interdisciplinary area of study.-knowledge and skills that foster life-long personal growth and professional development in their vocational pursuits.Engaged Citizenship in a Global SocietyStudents will acquire, develop, and demonstrate:-the values necessary for effective citizenship.-the skills and historical knowledge to think critically about complex national and global issues.-the qualities of personal and social responsibility necessary to sustain and deepen democracy. 13933296 4985122 982939 Student ServicesAt Newberry College, learning takes place both inside and outside the classroom. No matter where a student finds themselves -- on-campus, in-town, or off-the-beaten-path -- they exchange ideas and build relationships with faculty, other students, and community members alike. Students discover the "classroom" extends far beyond ivy-covered walls to the greater Newberry community, region, and world. Students live, learn, play, and get a whole life education at Newberry. The Office of Residence Life encourages community and individual growth through effective residential programming and community involvement. We strive to create an environment that students call home and a community that feels like a family. We believe this residential culture is imperative to our mission and an important part of a the learning process. We support students by providing everything students need to be successful including academic assistance, career guidance, health care, development, community service involvement, and academic excellence. Greek organizations are governed by their respective councils; IFC, NPC, and NPHC.Accessibility and affordability are paramount. 7206338 223777 10498288 Auxiliary EnterprisesStudent dining experience is more than great food. It is community experience centered on culinary expertise, fresh ingredients, healthy options and a shared sense of environmental and social responsibility. Our team is committed to creating the best possible dining experience. Join us to experience the comfort, convenience, outstanding food and inviting atmosphere designed especially for students. 43648114 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 1698 0 1 525 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 SC X David Sayers 8032765010 2100 College Street Newberry SC 29108 Dr Maurice Scherrens President 37.50 1.00 X 344857 0 12866 Ms Lori Ann Summers VP Institutional Advancement 37.50 2.00 X 168505 0 8945 Dr Sidney H Parrish VPAA & Dean of College 37.50 X 152533 0 15226 Mr David Sayers VP Admin Affairs & CFO 37.50 1.00 X 151375 0 0 Mr Ralph Patterson Athletic Director 37.50 X 103700 0 5266 Mr Chris Harris Dean of Enrollment Management 37.50 X 106340 0 1437 Mr Todd Knight Head Coach, Football 37.50 X 103414 0 5261 Mr Robert Best Board Chair 10.00 1.00 X X 0 0 0 Mr Eric Wells Board Vice Chair 5.00 X X 0 0 0 Dr Lenna Young Secretary 8.00 X X 0 0 0 Mr Jon Hart Treasurer 5.00 X X 0 0 0 Mr Hugo A Pearce III Trustee 10.00 1.00 X 0 0 0 Mr Will Blackman Part year Trustee/Athletic Club Rep 3.00 X 0 0 0 Mr Joel Carter Trustee 5.00 X 0 0 0 Dr Joe Blair Trey Castles Trustee 5.00 X 0 0 0 Mr James P Coggins Trustee 5.00 X 0 0 0 Ms Barbara L Davis Trustee 5.00 2.00 X 0 0 0 Mr Larry Dibiase Trustee 5.00 X 0 0 0 Ms Jean Haggard Trustee 5.00 2.00 X 0 0 0 Mr Eddie Havird Trustee 5.00 X 0 0 0 Mr Richard Herrington Trustee 5.00 X 0 0 0 Ms Patricia Pearson Trustee 5.00 X 0 0 0 Mr Frank Snyder Trustee 5.00 1.00 X 0 0 0 Mr Kevin Steelman Trustee/Exe Comm at Large 5.00 X 0 0 0 Mr William Steen Trustee 5.00 X 0 0 0 Ms Lisa Wagner Trustee/Alumni Rep 3.00 X 0 0 0 Ms Misty West Trustee 5.00 X 0 0 0 Ms Mary Grate-Pyos Trustee 5.00 X 0 0 0 Mr Ned Tupper Trustee 5.00 X 0 0 0 Mr John Winarchick Trustee 5.00 X 0 0 0 1130724 0 49001 7 0 1 0 Sodexo 2100 College Street Newberry SC 29108 Food Services 2290712 J Davis Construction Inc 12245 S Hwy 11 Westminster SC 29693 Construction Services 1327952 Aramark Services Inc PO Box 828441 Philadelphia PA 191828441 Facilities Management 1207993 Net3 Technology 105 N Spring St Suite 100 Greenville SC 29601 Information Technology Services 548575 ARDEO LRAP Association Inc 1011 Warrenville Rd Suite 100 Lisle IL 60532 Fee for Students Enrolled in Guaranty 514338 12 70727 1214849 5641117 153037 6926693 Tuition and fees 611310 33934891 33934891 Auxiliary enterprises 611310 10498288 10498288 Student services 611310 982939 982939 45416118 589842 589842 1350201 101515 269964 121610 1080237 -20095 1060142 1060142 43723 12022 31701 31701 54024496 45416118 0 1681685 X 19916709 19916709 512265 260587 152889 98789 64576 64576 10612616 8139587 1981935 491094 303037 233670 56966 12401 1534800 1128641 325725 80434 811875 597026 172301 42548 52212 16159 36053 100420 100420 173023 173023 5869877 4963949 905928 30299 18012 12287 410670 287330 59557 63783 928385 742708 185677 4942785 3679404 1263381 300546 297754 1948 844 19513 5640 12450 1423 1183894 1016468 161298 6128 1617857 1332429 276573 8855 640169 233124 407045 Provision for Bad Debt 540182 270091 270091 Athletic Expenses 347776 347776 Dues and Organizational 178851 98451 78236 2164 Meals 73909 62599 8611 2699 51166246 43648114 6694683 823449 3049374 4990918 2058023 4842464 3579292 1131143 863610 797559 206959 208058 79531265 46130263 31426322 33401002 13239889 17324098 6284195 4346772 936713 869468 2205874 1871425 63850251 69782907 2722852 4311017 1429410 259640 8523 0 29159592 29847473 1562201 1525888 689063 1343425 35571641 37287443 X 8944553 11813065 19334057 20682399 28278610 32495464 63850251 69782907 X 2858250 1261688 8320 88596 X 0 1 X 1 1 1 X 2769085 3081132 4491076 8299180 6926693 25567166 2769085 3081132 4491076 8299180 6926693 25567166 3347127 22220039 632866 457297 589638 515561 589842 2785204 4498 5174 11032 2992 43723 67419 28419789 210563114 0.78190 0.82480 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising event income - 2016 Amount: $ 4,498. 2017 Amount: $ 5,174. 2018 Amount: $ 11,032. 2019 Amount: $ 2,992. 2020 Amount: $ 43,723. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1515216 X X 0 17540875 432412 2647767 1028583 19592471 16044339 319246 2137919 960629 17540875 15435592 837774 795161 1024188 16044339 13922087 1441795 1046950 975240 15435592 12786401 742014 1446603 1052931 13922087 0.28180 0.71820 0 0 185010 1760862 1945872 59900727 30044614 29856113 14965804 13786083 1179721 2718862 2299566 419296 33401002 Cash surrender value of life insurance 384433 F Alternative investments 207946 F Corporate bonds 2686146 F Government securities 1068247 F 4346772 U.S. government loan funds refundable 651278 Capital lease obligation 692147 1343425 36611175 1261688 8320 100618 1370626 35240549 173023 18610924 18783947 54024496 32394321 12022 12022 32382299 173023 18610924 18783947 51166246 Part III, Line 4: The Newberry College Archives-in the process of transforming a part-time effort into a formal records repository, research library, and outreach effort benefitting internal and external stakeholders-documents the history of the college, appraising, collecting, organizing, describing, and preserving records and other items of permanent institutional value; provides research assistance to administrators, faculty, staff, students, alumni, and the public; and interprets the history of Newberry College to the college community and the public. Preserving and interpreting the college's 160-year record of preparing students in the Lutheran liberal arts tradition for intellectual and personal development, meaningful vocation, and engaged citizenship makes a significant contribution to the institution's mission and helps shape its identity. Newberry College's Special Collections represent approximately 3,500 rare and unique print items donated to the library since its inception. The items represent historic assets as well as materials preserved by the library because of their scarcity, value or fragile condition. Like the archives, Newberry College's Special Collections represent the activities undertaken by the College throughout its history. Part V, Line 4: The College's endowments consist of approximately 456 individual funds established for a variety of purposes as a result of donor contributions. Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 12,022. Change in Value of Perpetual Trusts 88,596. Part XI, Line 4b - Other Adjustments: Tuition Scholarships 18,610,924. Change in Value of Perpetual Trusts Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 12,022. Part XII, Line 4b - Other Adjustments: Tuition Scholarships 18,610,924. 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 organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The College utilizes the Federal Supplemental Educational Opportunity Grant, Federal Direct Loans, Federal Pell Grants, Federal Work Study, Federal Perkins Loan, TEACH Grants, and the Higher Education Emergency Relief Fund (HEERF). The College has received the National Science Foundation Grant for Education and Human Resources. Lastly, the College has loans through the USDA: Community Facility Direct Loan, Community Facility Guaranteed Loan, and the Business and Industry Guaranteed Loan. 2020 Golf Tournament 17593 17593 2507 2491 475 2021 Spring Golf Tournament 26130 26130 2613 2836 1100 43723 43723 5120 5327 1575 12022 31701 1 Scholarships 1270 18610924 HEERF 341 1305785 Part I, Line 2: Awarded grants and scholarships are directly credited against the student's tuition balance; no cash changes hands. The Financial Aid Office tracks the amounts awarded and periodically runs reports to check for changes in eligibility for all outside grants or scholarships. X X 1 1 X 0 0 0 0 0 0 0 0 0 Dr Maurice Scherrens President 344857 0 0 0 0 0 12500 0 1221 0 358578 0 0 0 Ms Lori Ann Summers VP Institutional Advancement 168505 0 0 0 0 0 1367 0 8346 0 178218 0 0 0 Dr Sidney H Parrish VPAA & Dean of College 152533 0 0 0 0 0 7648 0 8061 0 168242 0 0 0 Mr David Sayers VP Admin Affairs & CFO 151375 0 0 0 0 0 0 0 0 0 151375 0 0 0 Part I, Line 1a Housing Allowance & Personal Services: As a condition of employment, and as a convenience to the University, the President is provided a home on University grounds. The University also provides grounds care and housekeeping for the home since the President hosts functions for the University at his home. The home is provided as a nontaxable benefit to the President. Oakland Mill Master Tenant LLC Entity more than 35% owned by Misty West, Trustee of organization 1220200 Rental of facilities 0 Oakland Mill Master Tenant LLC Entity more than 35% owned by Misty West, Trustee of organization 144053 Management fees 0 Sandra J Scherrens Family member of Maurice Scherrens, President 64576 Compensation 0 X 772 Cost X 1 32700 Appraised value X Other 17 96998 Cost X Athletic supplies 5 19700 Cost X Equipment/Gifts 4 2868 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1 The Executive Committee shall have six (6) members, all of whom shall be voting Trustees, except for the President who shall be ex officio without vote and not counted as part of a quorum for the purpose of transacting business. The Chair, Vice Chair, Secretary and Treasurer of the Board of Trustees shall be members. The purpose of the Executive Committee is twofold: 1) It shall serve at the pleasure of the Board as its agent, to address the business of the Board between Board meetings; and 2) It shall assist the Chair and the President in their joint responsibility to help the Board to function effectively and efficiently by suggesting Board meeting agenda items and periodically assessing the quality of Board Committees work. The Executive Committee shall have authority to act for the Board of Trustees on all matters except for the following which shall be reserved for the Board: presidential selection and termination; Trustee and Board officer selection; changes in institutional mission and purposes; changes to the Charter, Constitution or these Bylaws; incurring of corporate indebtedness; sale of College assets or tangible property; adoption of the annual budget; and conferral of degrees. These Bylaws or other Board policy may reserve other powers for the Board of Trustees. In addition to its authority to take action on emergency matters which cannot or should not be deferred to the Board's next scheduled meeting, the Executive Committee shall oversee the work of Board Committees, the College's planning process or progress on planning goals, the Board's responsibility to support the President and assess his or her performance, and review annually the President's compensation and conditions of employment. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman of the Board of Trustees, President, CFO, Vice Chairman of the Board of Trustees, and Treasury of the Board of Trustees are responsible for reviewing signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The independent Board of Trustees determines the compensation for the President. The approval process is documented. The President sets the compensation for the other officers and informs the Board of the compensation. He is independent. Form 990, Part VI, Section C, line 19 The College's bylaws, constitution, and conflict of interest policy are made available to the public upon request. The financial statements are not made available to the public. Form 990, Part IX, line 11g Contract Labor: Program service expenses 297,049. Management and general expenses 54,212. Fundraising expenses 0. Total expenses 351,261. Security: Program service expenses 99,925. Management and general expenses 18,236. Fundraising expenses 0. Total expenses 118,161. Other services: Program service expenses 2,940,661. Management and general expenses 536,675. Fundraising expenses 0. Total expenses 3,477,336. Sports medicine contract: Program service expenses 193,927. Management and general expenses 35,392. Fundraising expenses 0. Total expenses 229,319. Student services: Program service expenses 29,026. Management and general expenses 5,297. Fundraising expenses 0. Total expenses 34,323. Facilities: Program service expenses 1,403,361. Management and general expenses 256,116. Fundraising expenses 0. Total expenses 1,659,477. Form 990, Part XI, line 9: Change in value of perpetual trusts 88,596. Newberry College Foundation Inc 2100 College Street Newberry SC 29108 576026382 To support the mission of the College SC 501(c)(3) Line 12a, I Newberry College 0 Perpetual trusts (3) Trust SC Newberry College 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0