2022-12-12T14:25:40-06:00 2022-05-31 363990892 Capin Crouse LLP 5605 N MacArthur Blvd Suite 210 Irving TX 75038 990 2021-06-01 750800653 Howard Payne University HOWA 3256462502 1000 Fisk Street Brownwood TX 76801 Mike Rodgers CFO/VP for Finance 3256462502 2022-12-12 1 Mike Rodgers 999009999 Daren Daiga P01074795 5055022746 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Dr Cory Hines 1000 Fisk Street Brownwood TX 76801 46228405 0 X www.hputx.edu X 1889 TX Howard Payne University is a Christ-centered academic community. 31 29 601 75 0 0 7798891 10431920 24036620 24072015 5113413 5849541 9950 27025 36958874 40380501 12185643 12956961 0 0 10936159 10766433 0 0 617745 10459068 11135049 33580870 34858443 3378004 5522058 107674814 111822248 3341948 4658352 104332866 107163896 X Howard Payne University (HPU) is a Christ-centered academic community dedicated to excellence by developing and equipping the whole person for intellectual inquiry, personal and professional integrity, and service to God and humanity. 0 0 18178520 12956961 20686321 Post-Secondary Education InstructionHoward Payne University offers a full array of undergraduate programs and five graduate programs in a traditional residential academic community. The university also offers selected undergraduate and graduate course work by electronic means and at extended learning centers in El Paso and New Braunfels. Students at HPU choose from more than 100 majors, minors and pre-professional programs in seven schools: Business, Christian Studies, Education, Humanities, Music and Fine Arts, Nursing, and Science and Mathematics. The Guy D. Newman Honors Academy challenges students with a multidisciplinary curriculum and exciting travel opportunities. 7469382 383424 Student ServicesHPU is committed to providing students with a wide range of opportunities for learning within and beyond the classroom. Student engagement in campus life is designed to help students grow in relationship to Christ, develop leadership skills, build relationships, participate in service to the campus and community, exhibit personal responsibility, and have fun.These services include admissions, athletics/intramurals, Baptist Student Ministry, Chapel, cheerleading, the Collegium (tutoring, academic testing, advising, career services and learning assistance), counseling and health services, HPU's Department of Public Safety, financial aid, the Food and Essentials Pantry, the library, mail services, new-student orientation, residence life, student activities, student conduct, student government, student organizations, the Wellness Center, and more. 2636375 3002270 Auxiliary EnterprisesHPU's auxiliary programs provide essential services to students. These programs include dining services (two on-campus dining locations and Stinger Bucks to use at off-campus restaurants) and several housing options. These on-campus facilities include one women's residence hall, two men's residence halls, a student apartment complex, and eight duplex apartments. 1030591 Provide academic support through library and various academic departments of the University. 1030591 29314868 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1354 0 1 601 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 29 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Mike Rodgers 3256498055 1000 Fisk Street Brownwood TX 76801 Deborah Cartwright Chairperson 1.00 X X 0 0 0 Ronnie D Andrews First Vice Chairperson 1.00 X X 0 0 0 Robert Morrison Second Vice Chairperson 1.00 X X 0 0 0 Marc Dingler Secretary 1.00 X X 0 0 0 Bobbette Bell Trustee 1.00 X 0 0 0 Greg Bruner Trustee 1.00 X 0 0 0 Keith Clark Trustee 1.00 X 0 0 0 Rev LJ Clayton Trustee 1.00 X 0 0 0 Dr John Cole Trustee 1.00 X 0 0 0 Jane A Collette Trustee 1.00 X 0 0 0 Lance Currie Trustee 1.00 X 0 0 0 Daniel Deviney Trustee 1.00 X 0 0 0 Judge Steve Ellis Trustee (Part Year) 1.00 X 0 0 0 Dr Wayne Grant Trustee (Part Year) 1.00 X 0 0 0 Dr Brent Gentzel Trustee 1.00 X 0 0 0 Sharon Guthrie Trustee 1.00 X 0 0 0 Gary Hopkins Trustee 1.00 X 0 0 0 Allan Hough Trustee 1.00 X 0 0 0 Jim Jones Trustee (Part Year) 1.00 X 0 0 0 Randy Lewallyn Trustee 1.00 X 0 0 0 Dr David Lowrie Trustee 1.00 X 0 0 0 Dr Ronny Marriott Trustee 1.00 X 0 0 0 Darrell Miles Trustee 1.00 X 0 0 0 Jake Montoya Trustee 1.00 X 0 0 0 Dr Bernie Moraga Trustee (Part Year) 1.00 X 0 0 0 Jarod Root Trustee 1.00 X 0 0 0 Dr Daniel Sanchez Trustee 1.00 X 0 0 0 James Schmeltekopf Trustee 1.00 X 0 0 0 Carter Sharpe Trustee 1.00 X 0 0 0 Jonathan Jonny Snow Trustee 1.00 X 0 0 0 Rev Ray Still Trustee 1.00 X 0 0 0 Kenneth Stimson Trustee 1.00 X 0 0 0 Dr Bill Taylor Sr Trustee 1.00 X 0 0 0 Dr Leonard Underwood Trustee (Part Year) 1.00 X 0 0 0 Johanna Wilson Trustee 1.00 X 0 0 0 Lesley C Wyse Trustee 1.00 X 0 0 0 Dr Cory Hines President 40.00 X 219978 0 95717 Mike Rodgers CFO/VP Finance & Admin 40.00 X 124116 0 17967 Dr Dale Meinecke VP for Development 40.00 X 114046 0 20741 Dr Nina Ouimette Dean, School of Nursing 40.00 X 117110 0 12814 575250 0 147239 4 0 1 0 Waldrop Construction PO Box 1000 Brownwood TX 76804 Construction 1924292 Sodexo Inc & Affiliates PO Box 538922 Atlanta GA 30353 Food Service 1279409 HighGround Advisors 1717 Main St Ste 1400 Dallas TX 75201 Investment Services 567272 Tad Hamilton 4550 Hwy 377S Brownwood TX 76801 Construction 407670 Safe Charters LLC PO Box 656 Tye TX 79563 Charter Bus Service 261538 7 619728 3862605 5949587 124539 10431920 Tuition & Fees 611310 20686321 20686321 Auxiliary Enterprises 611710 3002270 3002270 Other Program Revenue 611710 383424 383424 24072015 5384146 5384146 27025 0 27025 27025 27025 6301799 11500 5845354 2550 456445 8950 465395 465395 40380501 24072015 0 5876566 12956961 12956961 465116 465116 228958 167441 61517 8414538 6737723 1344022 332793 373882 276706 81406 15770 656306 577608 44738 33960 627633 487975 114895 24763 27545 27545 75495 75495 567272 567272 334695 250768 78927 5000 127877 61107 55136 11634 337431 163266 126642 47523 797629 202136 555905 39588 2163318 2049974 113344 349725 297490 43811 8424 9922 9363 559 1555974 1396960 159014 375504 17518 357986 Other operating expense 1219953 809965 390174 19814 Class/education expense 1182154 1043956 121239 16959 Food services 1179441 1179441 Rental/lease expense 602572 507524 95048 228542 120986 107556 34858443 29314868 4925830 617745 5090929 8535468 5014982 3126933 354212 602892 368382 270928 139756 287300 65068305 31007273 29750344 34061032 10813746 12443786 55497214 52130261 435588 140447 196121 209661 13540 13540 107674814 111822248 1650630 1353353 914671 2874228 776647 430771 3341948 4658352 X 25934591 29769767 78398275 77394129 104332866 107163896 107674814 111822248 X 5522058 -1286291 -1404737 X 0 1 X 1 1 1 X 2849657 3558228 4438077 7798891 10431920 29076773 2849657 3558228 4438077 7798891 10431920 29076773 280525 28796248 5204430 5023731 5990919 4488054 5411171 26118305 55195078 124834052 0.52170 0.47020 X 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 qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13540 X 0 41129187 2143942 -879909 3405933 38987287 34047996 697168 8201645 1817622 41129187 33309367 283153 2241054 1785578 34047996 33746882 1419235 549727 2406477 33309367 32056553 482908 2912037 1704616 33746882 0.05700 0.94300 0 1 1 3443583 3443583 51979511 22961945 29017566 7313507 6109581 1203926 2331704 1935747 395957 34061032 Perpetual trusts held by others 16739269 F Beneficial interest in trusts 874888 F Enhanced cash fund 107900 F Group bond fund 29120 F Group equity fund 28675 F Group investment fund-oil 222060 F HighGround endowment fund-summit 8848567 F Howard Payne University fund 25279782 F 52130261 Reserve for split-interest liability 41041 Funds held for loan programs 234867 Capital lease payable 154863 430771 25555149 -1286291 -1404737 -2691028 28246177 567272 11567052 12134324 40380501 22724119 0 22724119 567272 11567052 12134324 34858443 Part III, Line 4: The University has a painting as well as a collection of books and memorabilia displayed for students and other campus visitors to see, and those items have an educational purpose. Part V, Line 4: The intended use of endowment funds is to provide a permanent revenue stream for scholarships and academic programs. Part XI, Line 2d - Other Adjustments: Change in value of perpetual trusts -1,216,429. Change in value of split interest agreements -188,308. Part XI, Line 4b - Other Adjustments: Student financial assistance 11,567,052. Part XII, Line 4b - Other Adjustments: Student financial assistance 11,567,052. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 All solicitations for students contain a statement of the University's racially nondiscriminatory policy, as does the student handbook available on the University's website. The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Schedule E, Part I, Line 6 HPU receives federal financial aid in the form of Title IV Funds, including Pell Grant (Pell), Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Student Loans (FDL), Federal Work Study (FWS), Perkins Loan, and Higher Education Emergency Relief Fund (HEERF). 1 Scholarships - higher education 771 11567052 HEERF Grants 796 1282544 Student Aid Expense 53 107356 Part I, Line 2: For all scholarship funds, student financial services has established specific criteria in regards to eligibility and selection. The eligibility requirements of the students are documented and monitored for compliance. The actual scholarships are credited to the student's tuition bills. No cash changes hands. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Cory Hines President 219978 0 0 0 0 0 10755 0 84962 0 315695 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. Health or social club dues: Membership to a social club is provided to the President to cultivate and build donor relationships. This is a bona fide business expense treated as a nontaxable benefit to the President. Travel for companions: The board of trustees expect the President and his wife to represent the University together, and her presence protects the President from allegations of unethical and unscriptural behavior. As a result, the board deems this a bona fide business expense and this is treated as nontaxable compensation. 71508 Merit scholarship Financial aid Kylah Clark Goff Family Member of Keith Clark, Trustee 69676 Wages 0 Jill Underwood Family Member of Leonard Underwood, Trustee 48035 Wages 0 Kalie Lowrie Family Member of David Lowrie, Trustee 61517 Wages 0 Jordan Villanueva Family Member of David Lowrie, Trustee 44930 Wages 0 X 3 124539 Selling Price 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 1a The Executive Committee shall have all power and authority of the board, except as restricted by the bylaws. The Executive Committee consists of the President as an ex-officio member, the Chairperson, the two Vice Chairpersons, Secretary of the board, the Chairperson of each standing committee, and seven other board members. All business conducted by the Executive Committee is reported in full at the next regular board meeting. Form 990, Part VI, Section A, line 7a The Baptist General Convention of Texas (BGCT), a related organization, nominates half plus one of the total trustees to the board. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and is reviewed in detail by the CFO before it is provided to the board's finance committee. A full copy of the 990 is shared with the board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The University maintains a board-adopted conflict of interest policy. Trustees and officers are required to annually disclose potential conflicts of interest. The University monitors and enforces compliance with the policy by publishing it on the employee intranet, limiting business dealings with related parties, and discouraging activities that might be perceived as a conflict of interest. The University business office and CFO are charged with monitoring and enforcing compliance with the 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 compensation for the University's President is recommended by a special committee consisting of independent members of the board of trustees. Years of experience, performance, and the review of comparative data of similiar universities are taken into consideration when determining the President's compensation. The board deliberates regarding the President's compensation in executive session, and this is recorded in the minutes. Compensation for other officers is established by the President, based on years of experience, performance, and comparable data of like positions in similar universities. Decisions are documented in the human resources files. Form 990, Part VI, Section C, line 19 The University's primary governing documents are on file with the Texas Secretary of State and are publicly available. The conflict of interest policy and financial statements are made available in accordance with applicable law. Form 990, Part XI, line 9: Change in value of perpetual trusts -1,216,429. Change in value of split interest agreements -188,308. Baptist General Convention of Texas 7557 Rambler Rd Ste 1200 Dallas TX 75231 756044885 Convention of churches TX 501(c)(3) Line 1 N/A 0 HighGround Advisors 1717 Main St Ste 1400 Dallas TX 752014622 750891441 Investment management TX 501(c)(3) Line 7 Baptist General Convention of Texas 0 Charitable remainder unitrusts (4) Hold assets & remit income to the University TX Howard Payne University 1 Charitable remainder annuity trust (1) Hold assets & remit income to the university TX Howard Payne University 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0