2021-11-17T16:48:35-06:00 2021-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2020-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2021-11-17 1 DALE CECIL 999009999 JOSHUA D MEYER CPA P01229485 2709262922 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z FR LARRY HOSTETTER 2521 SR 657 LEWISPORT KY 42351 27932076 0 0928 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 43 39 332 40 0 0 3013300 5034400 18530082 19277812 488234 948092 22267 14047 22053883 25274351 8061633 8869562 0 0 7530461 7607274 0 0 400936 6275185 6501105 21867279 22977941 186604 2296410 42110743 48410621 9749085 10653409 32361658 37757212 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 21310519 8869562 19996933 UNDERGRADUATE AND GRADUATE EDUCATION 21310519 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1008 0 1 332 1 0 0 0 0 0 0 0 0 0 0 0 0 X 43 39 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 SUSAN MONTALVO-GESSER TRUSTEE 1.00 X 0 0 0 AMELIA STENGER TRUSTEE 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 CHARLES KAMUF TRUSTEE 1.00 X 0 0 0 NAHEED MURTAZA TRUSTEE 1.00 X 0 0 0 DARRELL HIGGINBOTHAM TRUSTEE 1.00 X 0 0 0 DEAN JONES TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT TRUSTEE 1.00 X 0 0 0 DONALD RINEY TRUSTEE EMERITUS 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 HELEN CORNELL TRUSTEE 1.00 X 0 0 0 MADISON SILVERT TRUSTEE 1.00 X 0 0 0 JASON MCLURE TRUSTEE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 KATHRYN RAYMER TRUSTEE 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 LARRY HOSTETTER PRESIDENT 37.50 X X 89988 0 13950 LARRY O'BRYAN TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 PAT LYNCH TRUSTEE 1.00 X 0 0 0 PATRICK CASON TRUSTEE 1.00 X 0 0 0 RICHARD BROWN TRUSTEE 1.00 X 0 0 0 RICK HIGDON TRUSTEE 1.00 X 0 0 0 ROBERT BEST TRUSTEE EMERITUS 1.00 X 0 0 0 ROD KUEGEL TRUSTEE 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 SAM DUNLANY TRUSTEE EMERITUS 1.00 X 0 0 0 SUSIE HARRIS TRUSTEE 1.00 X 0 0 0 SUZANNE CECIL WHITE TRUSTEE 1.00 X 0 0 0 THOMAS THOMPSON TRUSTEE EMERITUS 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 WILLIAM YOUNG III TRUSTEE EMERITUS 1.00 X 0 0 0 BAYLEE HOLDER STUDENT REP 1.00 X 0 0 0 LAUREN PATTON TRUSTEE 1.00 X 0 0 0 JEAN OWEN TRUSTEE 1.00 X 0 0 0 CHRIS HOUK VP OF ENROLLMENT 37.50 X 94525 0 13921 JOSH CLARY VP OF STUDENT DEVELOPMENT 37.50 X 56369 0 23324 SYDNEY WARREN VP OF INSTITUTIONAL ADVANC 37.50 X 62076 0 3691 RACHEL WHELAN STAFF REPRESENTATIVE 37.50 X 34457 0 10346 ROHNN SANDERSON PROFESSOR, FACULTY REPRESE 37.50 X 48629 0 20812 JEFF BARNETTE VP OF ACADEMIC AFFAIRS 37.50 X 68027 0 4047 DALE CECIL SECRETARY/TREASURER 37.50 X 82750 0 24894 536821 0 114985 0 0 0 0 FRESH IDEAS MANAGEMENT LLC 3220 VANDIVER DR COLUMBIA MO 65203 STUDENT DINING 713051 EAB PO BOX 603519 CHARLOTTE NC 48260 STUDENT RECRUITING 482251 A&K CONSTRUCTION 100 CALLOWAY CT PADUCAH KY 42001 CONSTRUCTION 343532 DISASTER TEAM 4100 VINCENT STATION DR OWENSBORO KY 42303 REPAIRS/RENOVATIONS 119274 4 3375516 1658884 58454 5034400 TUITION & FEES 611600 16368440 16368440 AUXILIARY INCOME 611600 2745157 2745157 MISC STUDENT SERVICES 611600 164215 164215 19277812 216212 216212 63695 36889 26806 26806 26806 3088477 2356597 731880 731880 731880 251480 264239 -12759 -12759 25274351 19996933 0 243018 8869562 8869562 804636 626979 177657 5567626 5020430 439077 108119 212134 188588 18502 5044 641516 570043 42843 28630 381362 344127 29702 7533 52351 52351 47640 47640 55948 55948 510399 510399 611945 567052 44893 779641 750900 7227 21514 68809 68809 682087 679922 2165 306780 299234 7546 451015 451015 1380370 1380370 224660 224660 STUDENT MEALS 708914 708914 REPAIRS & MAINTENANCE 345023 345023 BAD DEBTS 275523 275523 22977941 21310519 1266486 400936 2957981 3793107 375896 494963 115246 33736 403497 2462808 25363 25029 9390 25415 44286180 20594133 24528176 23692047 13684902 17872981 10292 10535 42110743 48410621 1306032 947823 279648 289186 7344090 9300260 819315 116140 9749085 10653409 X 17390316 18030553 14971342 19726659 32361658 37757212 42110743 48410621 2296410 3099144 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13465792 438264 3937796 320818 32851 88417 17399766 12872990 352846 849849 476725 13987 119181 13465792 13513494 122239 -33323 590530 7659 131231 12872990 12948728 118432 1008577 440340 11818 110085 13513494 11560918 448032 1481835 431159 3108 107790 12948728 0.02770 0.64230 0.33000 1 0 45861 32004030 13088037 18961854 5925070 4447034 1478036 6311219 3059062 3252157 23692047 ASSET RETIREMENT OBLIGATION 116140 116140 X 16748869 58308 55828 114136 16634733 53104 8586514 8639618 25274351 14711871 58308 55828 114136 14597735 53104 8327102 8380206 22977941 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 36,889. COGS - OTHER COSTS 18,939. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 8,288,995. NON-OPERATING INVESTMENT INCOME/LOSS 297,519. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 36,889. COGS 18,939. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 8,288,995. CHANGE IN STUDENT LOAN RESERVE 38,107. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 1047 8869562 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. X 2 32068 STOCK QUOTE X SUPPLIES 1 11875 DONOR PROVIDED X PRINTING 3 11511 DONOR PROVIDED X FURNITURE 1 3000 DONOR PROVIDED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2021 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.