2025-02-14T07:55:19-06:00 2024-05-31 741699466 FITTS ROBERTS KOLKHORST & CO PC 5718 WESTHEIMER STE 1900 HOUSTON TX 77057 990 2023-06-01 741400699 HOUSTON CHRISTIAN UNIVERSITY HOUS 2816493000 7502 FONDREN RD HOUSTON TX 77074 SANDRA N MOONEY CHIEF FINANCIAL OFFICER 2816493000 2025-02-12 1 0 ROGER L DUNCAN CPA P01087367 7132605230 2025-02-12 2023 2025-03-06 01:10:19Z DR ROBERT B SLOAN JR 7502 FONDREN RD HOUSTON TX 77074 165882676 0 X WWW.HC.EDU X 1960 TX TO PROVIDE INSTRUCTION FOR APPROXIMATELY 5,200 STUDENTS IN UNDERGRADUATE AND GRADUATE COURSES. 26 26 1276 16 677260 0 30338396 22702308 114935892 120312719 14522 6087436 8540096 9062064 153828906 158164527 59435245 65358448 0 0 40565518 40916751 0 0 1246409 48642337 48887473 148643100 155162672 5185806 3001855 348099971 363183319 108630703 107566417 239469268 255616902 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 108127334 65358448 134843778 PROVIDES INSTRUCTION FOR APPROXIMATELY 5,200 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES. 108127334 1 1 0 0 0 0 0 1 0 1 1 0 1 0 0 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 1 0 0 0 0 0 1 1 0 0 0 1 313 0 1 1276 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 26 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 CHAIR 0.00 X X 0 0 0 DUANE BROOKS 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 BRYAN HUGHES TRUSTEE 0.00 X 0 0 0 KEITH JACOBSON TRUSTEE 0.00 X 0 0 0 DALE JEFFERSON TRUSTEE 0.00 X 0 0 0 GARCIA OMAR TRUSTEE 0.00 X 0 0 0 CHRIS KOUBA TRUSTEE 0.00 X 0 0 0 JEFF LEACH TRUSTEE 0.00 X 0 0 0 GREGG MATTE TRUSTEE 0.00 X 0 0 0 RALPH MCBRIDE TRUSTEE 0.00 X 0 0 0 DAVID MOBLEY TRUSTEE 0.00 X 0 0 0 GRAHAM JUDY TRUSTEE 0.00 X 0 0 0 KEVIN ROBERTS TRUSTEE 0.00 X 0 0 0 RAMIRO PENA VICE-CHAIR 0.00 X X 0 0 0 JUDI PYBURN TRUSTEE 0.00 X 0 0 0 MARC RYLANDER TRUSTEE 0.00 X 0 0 0 LISA SIMON TRUSTEE 0.00 X 0 0 0 CLOIS SMITH TRUSTEE 0.00 X 0 0 0 JEROME SMITH SECRETARY 0.00 X X 0 0 0 REID SMITH TRUSTEE 0.00 X 0 0 0 TADD TELLPSEN TRUSTEE 0.00 X 0 0 0 DAN WILFORD TRUSTEE 0.00 X 0 0 0 BRUCE WILLIAMS TRUSTEE 0.00 X 0 0 0 DIANE WILLIAMS TRUSTEE 0.00 X 0 0 0 JOHNNY BAKER ADVISORY TRUSTEE 0.00 X 0 0 0 JIM SMITH SR ADVISORY TRUSTEE 0.00 X 0 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 40.00 X 263295 0 21234 SANDRA N MOONEY CFO/COO 40.00 X 351788 0 28926 JAMES L STEEN VP ENROLLMENT MGMT 40.00 X 248709 0 21479 JEROME JOHNSTON VP FOR INNOVATION & STRATE 40.00 X 223413 0 14720 STANLEY NAPPER PROVOST/VP ACADEMIC AFFAIR 40.00 X 265207 0 15912 STEVEN PETERSON VP ONLINE/DIGITAL LEARNING 40.00 X 292509 0 29715 STEVE MONIACI DIRECTOR OF ATHLETICS 40.00 X 194828 0 16308 ROBERT B SLOAN OFFICER 40.00 X 594497 0 31176 EVANS KATIE DEAN, COLLEGE OF SCIENCE & ENGINEERING 40.00 X 157919 0 17942 BOBBY SPENCER ASSOCIATE VP 40.00 X 263358 0 23637 HARRIS BRAXTON HEAD FOOTBALL COACH 40.00 X 202869 0 9762 CHARLES E BACARISSE VP ADVANCEMENT 40.00 X 211951 0 25222 MICHAEL E ROME ASSOCIATE PROVOST ACADEMIC 40.00 X 165075 0 14516 3435418 0 270549 54 0 1 0 ARAMARK SERVICES INC ARAMARK CHICAGO LOCKBOX 27310 NETWO CHICAGO IL 606731273 FOOD SERVICE 4607624 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INFORMATION SYSTEMS SUPPORT 3285791 NJAC CONSTRUCTION LLC PO BOX 703 SEABROOK TX 77586 CONSTRUCTION/REPAIRS 2456445 MCGRIFF INSURANCE SERVICES LLC PO BOX 890635 CHARLOTTE NC 282890635 INSURANCE 2201642 GOOGLE INC PO BOX 883654 LOS ANGELES CA 900883654 ONLINE ENROLLMENT LEAD GENERATION 2077158 60 91699 6704935 15905674 22702308 TUITION AND FEES 611600 115009196 115009196 AUXILIARY SERVICES 611600 5303523 5303523 120312719 6674128 6674128 238480 238480 4325010 42789 4282221 4282221 3604961 677260 5262083 5848775 -586692 -586692 -586692 0 91699 58819 -58819 -58819 1469754 1767766 -298012 -298012 ATHLETICS 611600 3299773 3299773 OTHER 611600 928043 928043 FITNESS CENTER 611600 670378 670378 4898194 158164527 134843778 677260 -58819 65358448 65358448 34149727 21854539 11378360 916828 1365736 898157 417802 49777 3008936 2387295 538612 83029 2392352 1525276 808481 58595 4491633 465682 4025951 29149 29149 147427 98000 49427 426571 426571 6358065 6034391 273642 50032 1885032 1617203 255881 11948 2077661 440643 1623122 13896 73894 73894 1210988 324457 881996 4535 90317 59464 22511 8342 4334982 52 4334930 5578845 5578845 2460401 2460401 CONTRACT LABOR 4134663 2479421 1655242 PLANT EXPENSE 3362001 3362001 MAINTENANCE, REPAIR, EQ 2988738 1431597 1557141 BAD DEBT 2703236 2703236 6533870 2824138 3709732 155162672 108127334 45788929 1246409 24950296 28922359 3218794 666819 21701633 22888277 9935806 9528814 2640485 2559089 837387 666159 1119939 1277387 242680276 101082843 139169363 141597433 85293725 97362344 5067643 5307036 36853589 36296651 17311311 16110951 348099971 363183319 7719391 9858886 826123 56896 80612517 80288241 186431 24345 409596 227717 18876645 17110332 108630703 107566417 X 113144815 122625237 126324453 132991665 239469268 255616902 348099971 363183319 X 3001855 9838615 118324 3188840 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 0 131481153 1934692 11985952 5912665 1505440 137983692 131245434 5105429 635889 3866585 1639014 131481153 132390291 4831794 -3339998 2884723 -248070 131245434 111223114 1674422 16703881 2761161 -5550035 132390291 105640311 3050020 5085930 2729114 -175967 111223114 0.30000 0.55000 0.15000 1 0 9160248 9160248 143527693 46582647 96945046 39625972 22781552 16844420 40655997 26865094 13790903 9710366 4853550 4856816 141597433 REAL ESTATE 35441661 F MINERAL RIGHTS 854990 F 36296651 X 101660969 9838615 1767766 11606381 90054588 1742308 66367631 68109939 158164527 90091793 1767766 1767766 88324027 1480197 65358448 66838645 155162672 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, 2024 AND 2023 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: BOOKSTORE COST OF GOODS SOLD 1,767,766. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 65,358,448. BSI OPERATIONS 976,303. FUNDRAISING REVENUE 32,880. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 1,767,766. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 65,358,448. 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 HCU 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. 55748 LATIN AMERICA: AGENTES UNIVERSITARIOS 3 15 RECRUITING, MARKETING AND HIGHER EDUCATION CONSULTANCY FOR STUDENTS. STUDENT RECRUITMENT 4180 VIETNAM: HOPE INTERNATIONAL 2 4 RECRUITING, MARKETING AND HIGHER EDUCATION CONSULTANCY FOR STUDENTS. STUDENT RECRUITMENT 2000 SOUTHEAST ASIA: GREAT LAKES 1 4 RECRUITING, MARKETING AND HIGHER EDUCATION CONSULTANCY FOR STUDENTS. STUDENT RECRUITMENT 1000 INDIA: M SQUARE MEDIA 2 30 RECRUITING, MARKETING AND HIGHER EDUCATION CONSULTANCY FOR STUDENTS. STUDENT RECRUITMENT 9 54 0 0 9 54 62928 0 62928 0 0 0 0 0 0 SCHOLARSHIP GOLF TOURNAMENT, SPRING 32565 32565 19707 VOLLEYBALL GOLF TOURNAMENT, SPRING 15634 15634 9195 1 43500 43500 29917 91699 91699 58819 58819 -58819 0 SCHOLARSHIPS TO STUDENTS 2746 54266167 BOOK SCHOLARSHIPS X X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SANDRA N MOONEY CFO/COO 351788 0 0 0 0 0 19800 0 9126 0 380714 0 0 0 JAMES L STEEN VP ENROLLMENT MGMT 248709 0 0 0 0 0 14923 0 6556 0 270188 0 0 0 JEROME JOHNSTON VP FOR INNOVATION & STRATE 223413 0 0 0 0 0 6205 0 8515 0 238133 0 0 0 STANLEY NAPPER PROVOST/VP ACADEMIC AFFAIR 265207 0 0 0 0 0 15912 0 0 0 281119 0 0 0 EVANS KATIE DEAN, COLLEGE OF SCIENCE & ENGINEERI 157919 0 0 0 0 0 9475 0 8467 0 175861 0 0 0 STEVEN PETERSON VP ONLINE/DIGITAL LEARNING 292509 0 0 0 0 0 17551 0 12164 0 322224 0 0 0 STEVE MONIACI DIRECTOR OF ATHLETICS 194828 0 0 0 0 0 7793 0 8515 0 211136 0 0 0 BOBBY SPENCER ASSOCIATE VP 263358 0 0 0 0 0 15910 0 7727 0 286995 0 0 0 HARRIS BRAXTON HEAD FOOTBALL COACH 202869 0 0 0 0 0 0 0 9762 0 212631 0 0 0 CHARLES E BACARISSE VP ADVANCEMENT 211951 0 0 0 0 0 12717 0 12505 0 237173 0 0 0 MICHAEL E ROME ASSOCIATE PROVOST ACADEMIC 165075 0 0 0 0 0 9080 0 5436 0 179591 0 0 0 ROBERT B SLOAN OFFICER 594497 0 0 0 0 0 19800 0 11376 0 625673 0 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 263295 0 0 0 0 0 15798 0 5436 0 284529 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 72298 PAUL SLOAN IS AN ASSISTANT PROFESSOR OF THEOLOGY 0 ROBERT B SLOAN COMPANY LLC ROBERT SLOAN PERSONAL OWNED CONSULTING FIRM 210000 BSI PAID CONSULTING FEES TO DR. SLOAN'S COMPANY 0 SCHEDULE L, PART IV (A) NAME OF PERSON: PAUL SLOAN(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:SON OF ROBERT SLOAN, PRESIDENT(C) AMOUNT OF TRANSACTION: $72,298(D) DESCRIPTION OF TRANSACTION: PAUL SLOAN IS AN ASSISTANT PROFESSOR OF THEOLOGY(E) SHARING OF ORGANIZATION REVENUES: NO 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 XI, LINE 9: BSI FUNDS BALANCE 3,188,840. 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 CHRISTIAN 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