2021-02-11T15:40:00-06:00 2020-05-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2019-06-01 750851900 ABILENE CHRISTIAN UNIVERSITY ABIL 3256742000 ACU BOX 29120 ABILENE TX 79699 KEVIN CAMPBELL SVP OF OPERATIONS 3256742000 2021-01-22 1 JOE MELSON CPA P00158111 3256724000 2021-01-21 2019 2022-09-23 18:48:47Z KEVIN CAMPBELL ACU BOX 29120 ABILENE TX 79699 334106823 0 X WWW.ACU.EDU X 1906 TX ACU IS A NATIONAL LEADER IN CHRISTIAN HIGHER EDUCATION, AND THE MISSION IS TO EDUCATE STUDENTS FOR CHRISTIAN SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. ACU IS A VIBRANT, INNOVATIVE, CHRIST-CENTERED COMMUNITY THAT ENGAGES STUDENTS IN AUTHENTIC SPIRITUAL AND INTELLECTUAL GROWTH, EQUIPPING THEM TO MAKE A REAL DIFFERENCE IN THE WORLD. 32 31 2823 0 123314 0 30017978 30866737 165442354 166928823 25777548 39468423 10221084 15732689 231458964 252996672 64834290 69199698 0 0 74243970 76592444 150537 175271 5188369 67583800 66742734 206812597 212710147 24646367 40286525 750011135 773960218 199235064 208810466 550776071 565149752 X ACU IS A NATIONAL LEADER IN CHRISTIAN HIGHER EDUCATION, AND THE MISSION IS TO EDUCATE STUDENTS FOR CHRISTIAN SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. ACU IS A VIBRANT, INNOVATIVE, CHRIST-CENTERED COMMUNITY THAT ENGAGES STUDENTS IN AUTHENTIC SPIRITUAL AND INTELLECTUAL GROWTH, EQUIPPING THEM TO MAKE A REAL DIFFERENCE IN THE WORLD. 0 0 136345681 69199698 145981525 ABILENE CHRISTIAN UNIVERSITY IS A HIGHER EDUCATION INSTITUTION WHICH SERVES APPROXIMATELY 5,200 GRADUATE AND UNDERGRADUATE STUDENTS. IN ADDITION TO EDUCATING THE STUDENTS, THE UNIVERSITY OFFERS ON-CAMPUS AND OFF-CAMPUS HOUSING, ON-CAMPUS FOOD SERVICE, ATHLETIC PROGRAMS AND ASSISTANCE WITH STUDENT AID. ACU ALSO OPERATES PROGRAMS TO FOSTER RELATIONSHIPS WITH ALUMNI OF THE UNIVERSITY. 19095212 18075027 AUXILIARY ENTERPRISES INTEGRATE LIVING, LEARNING, AND FAITH, WHEREBY STUDENTS LEARN TO LIVE LIVES OF CHRISTIAN SERVICE AND LEADERSHIP THROUGHOUT THE WORLD. IT COMBINES WHAT STUDENTS LEARN IN THE CLASSROOM WITH PRACTICAL APPLICATION THAT WILL PREPARE THEM FOR REAL-WORLD EXPERIENCES. 2777079 3137711 EDUCATION SERVICES INCLUDES ACADEMIC COUNSELING AND TESTING SERVICES, HEALTH SERVICES, AND STUDY ABROAD ACTIVITIES THAT ARE ALL DESIGNED TO ENHANCE A STUDENT'S LEARNING EXPERIENCE AND THE OVERALL QUALITY OF A STUDENT'S EDUCATION. 158217972 1 1 0 1 0 1 0 0 1 1 1 1 0 1 1 1 0 1 1 1 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 1 1 1 1 1 1 1 0 0 1 1 0 0 0 1 620 0 1 2823 1 1 1 1 GM 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 32 31 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X X KEVIN CAMPBELL 3256746552 ACU BOX 29120 ABILENE TX 79699 RANDY OWEN TRUSTEE 1.00 X 0 0 0 STEVE MACK TRUSTEE 1.00 X 0 0 0 STAN STEPHENS TRUSTEE 1.00 X 0 0 0 RALPH DRAPER TRUSTEE 1.00 X 0 0 0 WAYNE MASSEY TRUSTEE 1.00 X 0 0 0 RICK WESSEL TRUSTEE 1.00 X 0 0 0 MITCH WILBURN TRUSTEE 1.00 X 0 0 0 MARK DUNCUM TRUSTEE 1.00 X 0 0 0 MARELYN SHEDD TRUSTEE 1.00 X 0 0 0 KYLE HAMMOND TRUSTEE 1.00 X 0 0 0 KAY SKELTON TRUSTEE 1.00 X 0 0 0 TOD BROWN TRUSTEE 1.00 X 0 0 0 JANA HANNER TRUSTEE 1.00 X 0 0 0 JACK GRIGGS TRUSTEE 1.00 X 0 0 0 GUY LEWIS TRUSTEE 1.00 X 0 0 0 FERNANDO NASMYTH TRUSTEE 1.00 X 0 0 0 ELISE MITCHELL TRUSTEE 1.00 X 0 0 0 DOUG ROBISON TRUSTEE 1.00 X 0 0 0 DONNIE EDWARDS TRUSTEE 1.00 X 0 0 0 DAVID FLOW TRUSTEE 1.00 X 0 0 0 JAMES PORTER TRUSTEE 1.00 X 0 0 0 CHARLES ONSTEAD TRUSTEE 1.00 X 0 0 0 CECIL EAGER TRUSTEE 1.00 X 0 0 0 CAROLE PHILLIPS TRUSTEE 1.00 X 0 0 0 BILL PETTY TRUSTEE 1.00 X 0 0 0 BILL MINICK TRUSTEE 1.00 X 0 0 0 BELINDA HARMON TRUSTEE 1.00 X 0 0 0 ARTHUR CULPEPPER TRUSTEE 1.00 X 0 0 0 APRIL ANTHONY TRUSTEE 1.00 X X 0 0 0 ALAN RICH TRUSTEE 1.00 X 0 0 0 JEFFREY KNIGHT TRUSTEE 1.00 X 0 0 0 TAMERA LONG VP OF ENROLLMENT 40.00 X 138826 0 25543 SUZANNE ALLMON SENIOR ADVISOR TO THE PRES 40.00 X 117712 0 22264 STEPHEN JOHNSON VP AND CHIEF ADMINISTRATVIVE OFFICER, ACU DALLAS 40.00 X 176316 0 32891 SLADE SULLIVAN GENERAL COUNSEL 40.00 X 170959 0 37949 ROYCE MONEY CHANCELLOR 40.00 X 61097 0 78439 ROBERT RHODES PROVOST 40.00 X 236469 0 39789 PHILIP SCHUBERT PRESIDENT 40.00 X 413704 0 117472 KEVIN CAMPBELL SVP OF OPERATIONS 40.00 X 212902 0 35346 JAMES ORR VP ADVANCEMENT 40.00 X 200013 0 35601 WENDY JONES CHIEF HR OFFICER 40.00 X 118808 0 27618 GARY MCCALEB VP FOR THE UNIVERSITY 40.00 X 39374 0 8640 CHARLES WARD DIRECTOR OF ATHLETICS 40.00 X 172825 0 36862 KENT RIDEOUT VICE PRESIDENT - ACIMCO 1.00 40.00 X 0 213307 31446 JACK RICH PRESIDENT - ACIMCO 1.00 40.00 X 0 407076 43070 ADAM DORREL HEAD FOOTBALL COACH 40.00 X 231132 0 35758 GREG STRAUGHN DEAN OF COLLEGE OF ARTS AN 40.00 X 156450 0 38314 CHARLES CRISP DEAN - COLLEGE OF BUSINESS 40.00 X 168793 0 38129 PHILIP BOONE ADVANCEMENT OFFICE 40.00 X 194199 0 34938 JOHN WEAVER FORMER DEAN - LIBRARY AND EDUCATION TECHNOLOGY 40.00 X 179348 0 34205 SCOTT MCDOWELL FORMER VP OF STUDENT LIFE 40.00 X 202831 0 19900 CHRIS RILEY FORMER VP STUDENT LIFE 40.00 X 130877 0 29882 3322635 620383 804056 77 1 1 0 COLLIER CONSTRUCTION COMPANY 2202 AVENUE E LUBBOCK TX 79404 CONSTRUCTION 7139478 CHARTWELLS HIGHER EDUCATION 2 INTERNATIONAL DR RYE BROOK NY 10573 FOOD SERVICE 6122772 EAB 2445 M ST NW WASHINGTON DC 20037 TECHNOLOGY 2004424 WFF FACILITY SERVICES 211 SOUTH JEFFERSON AVENUE SAINT LOUIS MO 63103 CUSTODIAL SERVICES 1894001 MACKEY MITCHELL ARHICTECTS 900 SPRUCE STREET ST LOUIS MO 63102 ARCHITECTURE 1558576 105 1633359 8782960 20450418 3524135 30866737 TUITION AND FEES 611710 145716085 145716085 AUXILIARY ENTERPRISES 611710 18075027 18075027 EDUCATION SERVICES 611710 3137711 3137711 166928823 5186390 13444 5172946 14005309 14005309 1307231 438153 869078 869078 64923 804155 114769098 80260163 226902 34508935 -226902 34282033 34282033 733645 184933 548712 797 547915 OTHER INCOME 611710 309590 265440 44150 309590 252996672 167194263 123314 54812358 133430 133430 69066268 69066268 3267418 665534 1950793 651091 55944643 44543777 8921823 2479043 2752518 2191587 438960 121971 10878989 8661978 1734937 482074 3748876 2984899 597855 166122 156333 156333 113580 113580 175271 175271 1509948 1509948 5920645 3152577 2428596 339472 4672542 665247 3823720 183575 5265818 3537457 1466442 261919 4609667 2346194 2241462 22011 188930 188930 5854073 2693026 3150217 10830 5710600 5173331 385337 151932 615853 599561 16693 -401 5895461 13653 5881808 10241923 10241923 1257665 244026 1013639 DINING SERVICE CONTRACT 5788492 5788492 REPAIRS, MAINTENANCE & 4272510 1949412 2322867 231 STUDENT DEVELOPMENT/REC 1185026 1180593 4433 OTHER EXPENSES 892979 651293 201031 40655 2590689 1786707 701409 102573 212710147 158217972 49303806 5188369 1293922 3680059 15532030 22204167 16603767 16385248 12765054 14983114 617272 660000 4968178 12077280 433870238 148293254 265603295 285576984 118710480 109428419 261191170 244775734 52725967 64189213 750011135 773960218 15253753 13510423 100300000 97300000 41885000 41885000 12912 8000000 41783399 48115043 199235064 208810466 X 288312396 305808991 262463675 259340761 550776071 565149752 750011135 773960218 40286525 -25912844 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 184 0 0 184 0 PART II-B, LINE 1: EMPLOYEES, ON BEHALF OF ACU, MET WITH CITY OFFICIALS ON VARIOUS OCCASIONS TO DISCUSS DEVELOPMENT PROJECTS. 12 53104 48700 2006216 1 1 0 0 444076565 10751406 12229537 7750875 14118064 1615993 443572575 431945602 10274402 24561898 7378682 13869601 1457054 444076565 384583625 3963787 66126263 7126237 14141742 1460094 431945602 351988152 6571789 45958316 6549197 12060452 1324983 384583625 382839768 3974389 -16424695 6460490 10630065 1310755 351988152 0.45920 0.54080 0 1 1 1720684 1720684 269025292 72621937 196403355 89855421 50599787 39255634 17180224 21685909 -4505685 40562297 15526320 3385621 52702996 285576984 30141498 F INTERNATIONAL EMERGING 24641260 F HEDGE FUNDS 42343624 F PRIVATE EQUITY VENTURE CAPITAL 83821019 F ENERGY AND NATURAL RESOURCES 50704743 F OTHER SECURITIES 13123590 F 244775734 INSURANCE RECEIVABLE 2163497 MINERAL INTERESTS 53598962 OTHER INVESTMENTS 5811878 ASSETS HELD BY EXTERNAL TRUSTEES 2614876 64189213 DEPOSITS AND OTHER LIABILITIES 23108800 RESERVE FOR SPLIT INT AGREEMENTS 23037123 DEBT ISSUANCE COST AND BOND PREMIUM 1969120 48115043 X 154093430 -25912844 69106 -25843738 179937168 73059504 73059504 252996672 142939863 3289220 3289220 139650643 73059504 73059504 212710147 PART V, LINE 4: THE ENDOWMENT FUNDS OF THE UNIVERSITY ARE HELD TO SUPPORT THE GENERAL OPERATIONS OF THE UNIVERSITY AND TO PROVIDE SCHOLARSHIPS TO STUDENTS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT INSTITUTION AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("IRC") AND IS NOT A "PRIVATE FOUNDATION" UNDER SECTION 501(A) OF THE IRC; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ACIMCO HAS ALSO BEEN ACCORDED RECOGNITION AS EXEMPT FROM INCOME TAX UNDER SECTION 501(A) OF THE IRC, AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND 509(A)(3) OF THE IRC. FOR THE YEARS ENDED MAY 31, 2020 AND 2019, THE UNIVERSITY INCURRED UNRELATED BUSINESS ACTIVITY RELATED TO CERTAIN RETAIL SALES, ADVERTISING, RENTAL INCOME, OIL AND GAS WORKING INTEREST, AND CERTAIN ALTERNATIVE INVESTMENTS, RESULTING IN AN IMMATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. TAX POSITIONS TAKEN RELATED TO THE UNIVERSITY'S TAX-EXEMPT STATUS, UNRELATED BUSINESS INCOME ACTIVITIES, DEDUCTIBILITY OF EXPENSES FOR UNRELATED BUSINESS ACTIVITIES, AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT BELIEVES THAT MATERIAL POSITIONS TAKEN BY THE UNIVERSITY WILL MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE UNIVERSITY HAS NOT RECORDED A LIABILITY FOR UNCERTAIN TAX POSITIONS. AS OF MAY 31, 2020, THE UNIVERSITY'S TAX YEARS 2014 TO 2020 REMAIN SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: WOODWARD ENDOWMENT REVENUE -1,588,186. ACIMCO REVENUE 1,657,292. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 69,066,268. RECLASS COST OF GOODS SOLD -184,933. RECLASS RELATED ORGANIZATION GIFTS 1,633,359. RECLASS ENDOWMENT FEES - ACIMCO 1,509,948. RECLASS RENTAL EXPENSES -421,237. RECLASS HUNTER WELCOME CENTER RENTAL INCOME 69,282. RECLASS INVESTMENT EXPENSES NETTED ON FINANCIAL STATEMENTS 1,386,817. PART XII, LINE 2D - OTHER ADJUSTMENTS: WOODWARD ENDOWMENT EXPENSES 1,633,398. ACIMCO EXPENSES 1,655,822. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 69,066,268. RECLASS COST OF GOODS SOLD -184,933. RECLASS RELATED ORGANIZATION GIFTS 1,633,359. RECLASS ENDOWMENT FEES - ACIMCO 1,509,948. RECLASS RENTAL EXPENSES -421,237. RELCASS HUNTER WELCOME CENTER RENTAL 69,282. RECLASS INVESTMENT EXPENSES NETTED ON FINANCIAL STATEMENTS 1,386,817. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ACU PUBLISHES ITS NONDISCRIMINATORY POLICY ON OUR PUBLIC WEB SITE, IN THE UNIVERSITY CATALOG AND ON THE APPLICATION FOR ADMISSION. SCHEDULE E, PART I, LINE 6 ABILENE CHRISTIAN UNIVERSITY RECEIVES VARIOUS RESEARCH GRANTS FROM THE STATE OF TEXAS AND OTHER GOVERNMENTAL ENTITIES. IN ADDITION, ACU RECEIVES SCHOLARSHIP GRANTS FROM FEDERAL AGENCIES AND THE STATE OF TEXAS TO ASSIST STUDENTS WITH THEIR COSTS OF EDUCATION. ACU PARTICIPATES IN THE DIRECT LOAN PROGRAM WHICH PROVIDES STUDENTS FEDERAL SUBSIDIZED LOANS TO ASSIST WITH THEIR EDUCATIONAL COSTS. EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 PROGRAM SERVICES HIGHER EDUCATION 683312 1 1 0 0 1 1 683312 0 683312 1 0 0 1 1 0 PART III ACCOUNTING METHOD: X X X 1 RUFFALOCODY LLC 1025 KIRKWOOD CEDARRAPID IA 52404 FUNDRAISING 0 175271 94703 76751 175271 94703 76751 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 CANCER SERVICES NETWORK PO BOX 2026 ABILENE TX 79604 752794022 501(C)(3) 15000 GENERAL SUPPORT EASTERN EUROPEAN MISSIONS PO BOX 55245 HURST TX 76054 742200722 501(C)(3) 10000 GENERAL SUPPORT HARVEY DR CHURCH OF CHRIST 508 HARVEY DR MCALLEN TX 78501 741457947 501(C)(3) 5000 GENERAL SUPPORT HOUSES FOR HEALING PO BOX 2320 ABILENE TX 79604 821168324 501(C)(3) 15000 GENERAL SUPPORT NOAH PROJECT 5802 TEXAS AVE ABILENE TX 79605 751704926 501(C)(3) 5176 GENERAL SUPPORT FOCUS ON THE FAMILY 8605 EXPLORER DR COLORADO SPRINGS CO 80920 953188150 501(C)(3) 25000 GENERAL SUPPORT HILLCREST CHURCH OF CHRIST 650 EAST AMBLER AVE ABILENE TX 79601 751174098 501(C)(3) 8050 GENERAL SUPPORT SAFE FAMILIES FOR CHILDREN ALLIANCE 4300 W IRVING PARK RD CHICAGO IL 60641 453194102 501(C)(3) 15000 GENERAL SUPPORT SOUTHERN HILLS CHURCH OF CHRIST 3364 BUFFALO GAP RD ABILENE TX 79605 751178335 501(C)(3) 13340 GENERAL SUPPORT 9 0 SCHOLARSHIPS - HIGHER EDUCATION 6911 68322783 CARES HEERF EMERGENCY STUDENT AID 455 743482 PART I, LINE 2: SCHOLARSHIPS - HIGHER EDUCATION - 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 SCHOLARSHIPS OR GRANTS ARE AWARDED DIRECTLY TO THE RECIPIENTS. CARES HEERF EMERGENCY STUDENT AID - MAXIMUM ELIGIBILITY TIERS WERE ESTABLISHED BY THE UNIVERSITY BASED UPON VARIOUS STUDENT SITUATIONAL EXPERIENCES. THE HIGHEST OF WHICH WAS SET JUST BELOW THE MAXIMUM PELL GRANT ELIGIBILITY FIGURE, AS RECOMMENDED BY THE U.S. DEPARTMENT OF EDUCATION. THE UNIVERSITY REVIEWED REQUESTS AND DETERMINED STUDENT'S QUALIFYING AMOUNTS BASED UPON THEIR AMOUNTS REQUESTED TO COVER THEIR CURRENT FINANCIAL NEEDS WITH RESPECT TO THE ESTABLISHED TIER MAXIMUMS. A FOLLOW UP QUESTIONNAIRE WAS SENT TO STUDENTS WHOSE INITIAL APPLICATION WAS UNCLEAR ABOUT THEIR SHORT-TERM FINANCIAL NEEDS. AWARDS WERE FOCUSED ON THE SIX FINANCIAL CATEGORIES ENCOURAGED BY THE FEDERAL GOVERNMENT. THESE INCLUDE FUNDING TO HELP STUDENTS PAY FOR HOUSING, FOOD, CHILDCARE, HEALTHCARE, TECHNOLOGY AND COURSE MATERIALS. DISTRIBUTIONS TO STUDENTS RANGED BETWEEN $100 TO $6,000. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 TAMERA LONG VP OF ENROLLMENT 138718 0 0 0 108 0 4280 0 21263 0 164369 0 0 0 STEPHEN JOHNSON VP AND CHIEF ADMINISTRATVIVE OFFICER 175943 0 0 0 373 0 14800 0 18091 0 209207 0 0 0 SLADE SULLIVAN GENERAL COUNSEL 170125 0 0 0 834 0 14743 0 23206 0 208908 0 0 0 ROBERT RHODES PROVOST 235925 0 0 0 544 0 19000 0 20789 0 276258 0 0 0 PHILIP SCHUBERT PRESIDENT 325508 0 69583 0 18613 0 22400 0 95072 0 531176 0 0 0 KEVIN CAMPBELL SVP OF OPERATIONS 185428 0 27300 0 174 0 15680 0 19666 0 248248 0 0 0 JAMES ORR VP ADVANCEMENT 174318 0 24948 0 747 0 14877 0 20724 0 235614 0 0 0 CHARLES WARD DIRECTOR OF ATHLETICS 156494 0 16000 0 331 0 13653 0 23209 0 209687 0 0 0 KENT RIDEOUT VICE PRESIDENT - ACIMCO 0 140728 0 71787 0 792 0 12080 0 19366 0 244753 0 0 JACK RICH PRESIDENT - ACIMCO 0 288728 0 115768 0 2580 0 22400 0 20670 0 450146 0 0 ADAM DORREL HEAD FOOTBALL COACH 221760 0 2000 0 7372 0 18400 0 17358 0 266890 0 0 0 GREG STRAUGHN DEAN OF COLLEGE OF ARTS AN 156232 0 0 0 218 0 13743 0 24571 0 194764 0 0 0 CHARLES CRISP DEAN - COLLEGE OF BUSINESS 168555 0 0 0 238 0 14641 0 23488 0 206922 0 0 0 PHILIP BOONE ADVANCEMENT OFFICE 168528 0 25000 0 671 0 14400 0 20538 0 229137 0 0 0 JOHN WEAVER FORMER DEAN - LIBRARY AND EDUCATION 166618 0 0 0 12730 0 14206 0 19999 0 213553 0 0 0 SCOTT MCDOWELL FORMER VP OF STUDENT LIFE 161376 0 27500 0 13955 0 1367 0 18533 0 222731 0 0 0 CHRIS RILEY FORMER VP STUDENT LIFE 129779 0 0 0 1098 0 11164 0 18718 0 160759 0 0 0 PART I, LINE 1A CHARTER TRAVEL WAS PAID FOR ON BEHALF OF THE PRESIDENTS OFFICE. THE EXPENSE WAS NOT INCLUDED AS TAXABLE COMPENSATION BECAUSE THE TRAVEL WAS FOR A BONA FIDE BUSINESS PURPOSE. MINISTERIAL HOUSING ALLOWANCE IS OFFERED TO QUALIFIED FACULTY AND ADMINISTRATORS OF THE UNIVERSITY. TWO LISTED PERSONS RECEIVED THIS BENEFIT. THE HOUSING ALLOWANCE IS NOT INCLUDED AS TAXABLE COMPENSATION TO THE EMPLOYEE. COUNTRY CLUB DUES WERE PAID ON BEHALF OF ONE ATHLETIC STAFF. THE DUES WERE REPORTED AS TAXABLE COMPENSATION. PART I, LINE 3 IN A PREVIOUS FISCAL YEAR, ACU IMPLEMENTED SPLIT-DOLLAR LIFE INSURANCE POLICIES FOR ROYCE MONEY AND JACK RICH. THE POLICIES ARE TREATED AS LOANS TO THE EMPLOYEES AND REPRESENTATIONS AS REQUIRED BY REG 1.7872-15(D)(2) HAVE BEEN SIGNED. THE BALANCE OF THE NOTES AT THE END OF THE YEAR ARE: ROYCE MONEY - $669,938 JACK RICH - $620,966 A NEWARK HIGHER EDUCATION FINANCE CORPORATION 465361566 2016-09-22 69011979 SEE PART VI 0 0 0 B NEWARK HIGHER EDUCATION FINANCE CORPORATION 465361566 2016-09-22 33270000 SEE PART VI 0 0 0 C NEWARK HIGHER EDUCATION FINANCE CORPORATION 465361566 650348AQ8 2017-12-28 13270211 SEE PART VI 0 0 0 A 69011979 793687 11515000 56703292 2018 1 0 1 1 B 9770000 33270000 159794 18485000 14625206 2018 1 0 1 1 C 13270211 265404 13004807 2019 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 0 1 0 1 0 0 0 1 A 0 B 0 C 0 PART I, LINE A NEW HIGHER EDUCATION FINANCE CORPORATION - SERIES 2016A - ISSUED ON 9/22/16 - FACE AMOUNT $62,230,000. THE BOND WAS ISSUED AT A PREMIUM OF $6,781,979. $11,515,000 IS TO BE USED FOR STADIUM CONSTRUCTION, SCIENCE FACILITIES, AND CHRISTIAN VILLAGE RENOVATION. $56,703,292 WAS USED TO REFUND THE SERIES 2001, 2003, 2005, 2006, 2009, 2010, 2011, 2013, 2014, AND 2015 BONDS. PART I, LINE B NEWARD HIGHER EDUCATION FINANCE CORPORATION - SERIES 2016C - ISSUED 9/22/16 - FACE AMOUNT $33,270,000. $18,485,000 IS TO BE USED FOR STADIUM CONSTRUCTION AND SCIENCE FACILITIES. $14,625,206 WAS USED TO REFUND THE SERIES 2015 BONDS. PART I, LINE C NEWARD HIGHER EDUCATION FINANCE CORPORATION - SERIES 2017 - ISSUED 12/1/17 - FACE AMOUNT $11,570,000. THE BOND WAS ISSUED AT A PREMIUM OF $1,700,211. PROCEEDS WILL BE USED FOR INTERIOR COMPLETION OF THE SCIENCE BUILDING. JACK RICH ACIMCO OFFICER SPLITDOLLAR LIFE INS X 620966 0 1 1 ROYCE MONEY CHANCELLOR SPLITDOLLAR LIFE INS X 669938 0 1 1 MERIT BASED SCHOLARSHIPS OFFICER/TRUSTEE RELATED 204331 TUITION DISCOUNTS OFFICER/TRUSTEE RELATED 145000 CARA LEE CRANFORD DAUGHTER OF GARY MCCALEB, FORMER VP 48354 WAGES 0 ELAINE ORR SPOUSE OF JAMES M ORR, VP OF ADVANCEMENT 29746 WAGES 0 BRAD CRISP SON-IN-LAW OF ROYCE MONEY 168792 WAGES 0 JACK RICH BROTHER OF ALAN RICH, TRUSTEE 407076 WAGES 0 MAKAYLA JONES DAUGHTER OF WENDY JONES 25806 WAGES 0 AARON ROBISON SON OF DOUG ROBISON 73496 WAGES 0 X 44 3075681 QUOTED PRICES X 2 77000 APPRAISAL X EQUITY MEMBERSHIP INTEREST 4 277674 ESTIMATED VALUE X VARIOUS 15 93780 ESTIMATED VALUE 1 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 LINE 2 EXPLANATION - JACK RICH, ALAN RICH - FAMILY RELATIONSHIP STEVE MACK, JACK GRIGGS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE FULL BOARD FOR REVIEW BY POSTING THE RETURN ON THE INTERNAL PASSWORD-PROTECTED BOARD WEB SITE. THE 990 IS ALSO REVIEWED IN DETAIL BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES BEFORE POSTING TO BOARD WEB SITE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE RESULTS OF THESE QUESTIONNAIRES ARE REVIEWED BY LEGAL COUNSEL AND ARE REPORTED TO THE AUDIT COMMITTEE. ALL OTHER EMPLOYEES ARE GIVEN A CONFLICT OF INTEREST QUESTIONNAIRE TO COMPLETE ANNUALLY. THESE ARE REVIEWED BY THE RESPONSIBLE DEAN OR VICE PRESIDENT TO DETERMINE IF A CONFLICT EXISTS. DEPENDING ON THE POTENTIAL CONFLICT, CONDITIONS OR RESTRICTIONS ARE ENFORCED TO REDUCE OR ELIMINATE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPARABILITY DATA IS USED TO DETERMINE THE COMPENSATION LEVELS OF THE OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE PRESIDENT AND REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS USED TO DETERMINE THE COMPENSATION LEVELS OF THE PRESIDENT. THE COMPENSATION OF THE PRESIDENT IS REVIEWED, APPROVED AND DOCUMENTED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS OF ABILENE CHRISTIAN UNIVERSITY ARE POSTED ON OUR WEBSITE AND ARE AVAILABLE TO THE GENERAL PUBLIC. WE WILL ALSO PROVIDE COPIES OF THE DOCUMENTS UPON REQUEST. SCHEDULE D, PART XIV, ADDITIONAL INFORMATION TOTAL REVENUES AND EXPENSES PER ABILENE CHRISTIAN UNIVERSITY'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS INCLUDE REVENUES AND EXPENSES FROM ACIMCO (26-3598377) AND GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST (75-2700815). EACH OF THESE ENTITIES FILES THEIR OWN TAX RETURN, AND THEREFORE, ARE NOT INCLUDED IN REVENUES AND EXPENSES OF ABILENE CHRISTIAN UNIVERSITY'S FORM 990. ARL MUTLI-FAMILY LLC 266 HUNTER WELCOME CENTER ABILENE TX 79699 REAL ESTATE VENTURE TX ARL RETAIL LLC 266 HUNTER WELCOME CENTER ABILENE TX 79699 REAL ESTATE VENTURE TX ACIMCO 214 HUNTER WELCOME CT ACU BOX 29125 ABILENE TX 79699 263598377 INVESTMENT MANAGEMENT FOR ACU TX 501(C)3 11 TYPE I ABILENE CHRISTIAN UNIVERSITY 0 GRACE L WOODWARD MEMORIAL ENDOWMENT BOX 29125 ACU STATION ABILENE TX 79699 752700815 SUPPORT ACU TX 501(C)3 11 TYPE I ABILENE CHRISTIAN UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GRACE L WOODWARD MEMORIAL ENDOWMENT C 1627657 CASH ACIMCO C 75000 CASH