2020-02-04T13:55:02-06:00 2019-05-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2018-06-01 750808791 HARDIN-SIMMONS UNIVERSITY HARD 3256701000 BOX 16020 ABILENE TX 79698 JODIE MCGAUGHEY VP/FINANCE DIRECTOR 3256701000 2020-01-24 1 MICHELLE BEATY CPA P01404339 3256724000 2020-01-23 216.147.181.48 2020-01-24 15:14:55 CS P 4B7FEDDDB59CEC5B972D12EC8AB2EFC11308F9F0 DFB555FE225C921DCBFA4A71AF078D82D8FE5EDF 2018 2020-09-23 17:36:50Z JODIE MCGAUGHEY BOX 16020 ABILENE TX 79698 86851062 0 X WWW.HSUTX.EDU X 1891 TX THE MISSION OF HARDIN-SIMMONS UNIVERSITY IS TO BE A COMMUNITY DEDICATED TO PROVIDED EXCELLENCE IN EDUCATION ENLIGHTENED BY CHRISTIAN FAITH AND VALUES. 35 35 1385 21 0 0 9076362 6783744 53178061 58806937 10078610 17780230 0 0 72333033 83370911 21404475 26114143 0 0 29088276 31546549 0 0 1391193 19871770 27060879 70364521 84721571 1968512 -1350660 252004660 304609367 41321578 57497668 210683082 247111699 THE MISSION OF HARDIN-SIMMONS UNIVERSITY IS TO BE A COMMUNITY DEDICATED TO PROVIDING EXCELLENCE IN EDUCATION ENLIGHTENED BY CHRISTIAN FAITH AND VALUES. 0 0 73539491 26114143 58806937 UNIVERSITY ACADEMIC PROGRAM FOR UNDERGRADUATE AND GRADUATE STUDENTS, UNIVERSITY ADMINISTRATION, PUBLIC RELATIONS, ALUMNI AFFAIRS, STUDENT AID, ATHLETICS, AND HOUSING AND CAFETERIA. 73539491 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 190 0 1 1385 1 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JODIE MCGAUGHEY 3256701499 HARDIN-SIMMONS UNIVERSITY ABILENE TX 79698 MR BRYAN ADAMS TRUSTEE 1.00 X 0 0 0 DR KEVIN BEAM TRUSTEE 1.00 X 0 0 0 MRS JOY JORDAN MERGELE TRUSTEE 1.00 X 0 0 0 MR CHAD BRAUN TRUSTEE 1.00 X 0 0 0 MRS MARTHA BROOKS TRUSTEE 1.00 X 0 0 0 DR BRAD BUTLER TRUSTEE 1.00 X 0 0 0 MRS LINDA CARTER TRUSTEE 1.00 X 0 0 0 DR RICHARD DARDEN TRUSTEE 1.00 X 0 0 0 MR JEREMY EDMISTON TRUSTEE 1.00 X 0 0 0 MR BILL GIBSON TRUSTEE 1.00 X 0 0 0 MRS LOUISE JONES TRUSTEE 1.00 X 0 0 0 DR JIMMIE KEELING TRUSTEE 1.00 X 0 0 0 MR KYLER KEETER TRUSTEE 1.00 X 0 0 0 MRS PEGGY MANNING TRUSTEE 1.00 X 0 0 0 MRS LAURA MOORE TRUSTEE 1.00 X 0 0 0 DR DAVID MORGAN TRUSTEE 1.00 X 0 0 0 DR GEORGE NEWMAN TRUSTEE 1.00 X 0 0 0 MR MARCUS NORRIS TRUSTEE 1.00 X 0 0 0 MR FILEMON ORTIZ JR TRUSTEE 1.00 X 0 0 0 MRS ANNETTE C PATTTERSON TRUSTEE 1.00 X 0 0 0 MR DRUE POUNDS TRUSTEE 1.00 X 0 0 0 DR JUD POWELL TRUSTEE 1.00 X 0 0 0 MR RONNIE PRICE TRUSTEE 1.00 X 0 0 0 MRS JAMIE SANDERS TRUSTEE 1.00 X 0 0 0 MR JOHN SIEREN TRUSTEE 1.00 X 0 0 0 MR RICK STRANGE TRUSTEE 1.00 X 0 0 0 MRS MELINDA STRICKLIN TRUSTEE 1.00 X 0 0 0 MRS JILL TEAGUE TRUSTEE 1.00 X 0 0 0 MRS ROXI VANSTORY TRUSTEE 1.00 X 0 0 0 DR MICHAEL WATERS TRUSTEE 1.00 X 0 0 0 DAN MUNTON TRUSTEE 1.00 X 0 0 0 JERRY PHILLIPS TRUSTEE 1.00 X 0 0 0 ANGIE WILEY TRUSTEE 1.00 X 0 0 0 DARIN WOOD TRUSTEE 1.00 X 0 0 0 JAMES HASSELL TRUSTEE 1.00 X 0 0 0 ERIC BRUNTMYER PRESIDENT 40.00 X 271902 0 66478 DAVID ROZEBOOM VP FOR STUDENTLIFE 40.00 X 106823 0 35891 VICKI HOUSE VP FOR ENROLL 40.00 X 92866 0 42917 JODIE MCGAUGHEY VP FOR FINANCE 40.00 X 162188 0 21556 MIKE HAMMACK VP FOR INST ADV 40.00 X 105552 0 38143 CHRIS MCNAIR PROVOST & CAO 40.00 X 173784 0 49747 TRAVIS FRAMPTON VP FOR UNIV MISSION & STRAT 40.00 X 105055 0 29952 JENNIFER EAMES ASSOC. PROF PA 40.00 X 131755 0 23809 MR ROBERT MCINTYRE PROFESSOR BUSINESS ADMIN 40.00 X 114998 0 22677 MICHAEL MONHOLLON DEAN FOR KELLEY COLLEGE 40.00 X 120592 0 57202 COLEMAN PATTERSON DIR OF LEADERSHIP STUDIES 40.00 X 109838 0 37653 1495353 0 426025 10 0 1 0 IMPERIAL CONSTRUCTION 400 W INTERSTATE 20 STE 200 WEATHERFORD TX 76086 CONSTRUCTION 6893735 THE CROWE GROUP INC PO BOX 3422 ABILENE TX 79604 CONSTRUCTION 5350882 ARAMARK SERVICES INC 5601 WEST 19TH ST LUBBOCK TX 79407 FOOD SERVICES 2052115 AMERICAN BUILDING PO BOX 2756 ABILENE TX 79604 CONSTRUCTION 1118162 TRANE US 4200 N SYLVANIA FORT WORTH TX 76137 CONSTRUCTION 763368 11 512102 6271642 26044 6783744 TUITION AND FEES 611600 50222625 50222625 AUXILIARY ENTERPRISES 611710 7792355 7792355 OTHER REVENUE 611710 791957 791957 58806937 18027256 18027256 3233125 3233125 247026 0 -247026 -247026 -247026 83370911 58806937 0 17780230 26114143 26114143 1021467 203532 707570 110365 22794164 19205944 2999224 588996 1341426 1093247 208787 39392 4862212 3916514 913073 32625 1527280 1244716 237714 44850 272924 272924 48250 48250 998091 118265 804009 75817 13778473 11346542 1993224 438707 1426913 374644 1052269 2050631 1990566 60065 1268185 1087633 120111 60441 1471652 1428546 43106 3576997 3246436 330561 FOOD SERVICE 1944827 1944827 ABM 223936 223936 84721571 73539491 9790887 1391193 6154822 6495292 2865085 1218022 309547 431172 2220166 2284284 827432 1039950 149929949 66889091 58043460 83040858 160001719 195366324 21582429 14733465 252004660 304609367 4451704 9343053 8437422 8110828 17230790 21895752 3500000 7500000 7701662 10648035 41321578 57497668 X 42478709 81340351 56015192 49769283 112189181 116002065 210683082 247111699 252004660 304609367 X -1350660 38712184 -932907 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1679191 X 0 154624935 3867173 56742947 20527256 194707799 140858304 2700360 24144881 13078610 154624935 125240285 4341125 20886531 9609637 140858304 146169005 3087114 -9325261 14690573 125240285 139972184 6215478 11910743 11929400 146169005 0.26000 0.74000 1 0 7220218 7220218 114836768 43116333 71720435 27872963 23772758 4100205 83040858 NEW MEXICO BAPTIST FOUNDATION 198354 F HIGHGROUND INVESTMENTS 186420566 F COMMUNITY FOUNDATION OF ABILENE 642709 F SPLIT INTEREST AGREEMENTS 8104695 F 195366324 DEPOSITS AND OTHER LIABILITIES 9930726 RESERVE FOR SPLIT INTEREST 529189 CAPITAL LEASE PAYABLE 188120 10648035 X PART III, LINE 4: THE COLLECTION CONSISTS OF RARE BOOKS, BIBLE COLLECTIONS, AND ARTIFACTS USED FOR EDUCATIONAL PURPOSES. PART V, LINE 4: THE EARNINGS FROM THE ENDOWMENTS PROVIDE FUNDING FOR SCHOLARSHIPS, FACULTY DEVELOPMENT AND PROVIDE ADDITIONAL OPERATING RESOURCES FOR VARIOUS CAMPUS DEPARTMENTS AND ACTIVITIES. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE TAX REFORM ACT OF 1969 AND CONTRIBUTIONS TO IT QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS; ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE HARDIN-SIMMONS UNIVERSITY ACADEMIC FOUNDATION, INC. AND HARDIN-SIMMONS UNIVERSITY SCHOOL OF MUSIC FOUNDATION ARE ALSO EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS LIABLE FOR ANY FEDERAL INCOME TAXES RESULTING FROM CERTAIN UNRELATED BUSINESS INCOME. FOR FISCAL YEARS 2019 AND 2018, THERE WAS NO LIABILITY FOR ANY FEDERAL INCOME TAX RESULTING FROM UNRELATED BUSINESS INCOME. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED ON AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN TAX EXPENSE IF INCURRED. DURING THE YEARS ENDED MAY 31, 2019 AND 2018, THE UNIVERSITY RECOGNIZED NO INTEREST AND PENALTIES. BASED ON MANAGEMENTFS ANALYSIS, THE UNIVERSITY DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AS OF MAY 31, 2019 AND 2018. THE UNIVERSITY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THERE ARE CURRENTLY NO INCOME TAX EXAMINATIONS UNDERWAY FOR THIS JURISDICTION. 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 NONDISCRIMINATORY POLICY IS POSTED ON THE WEBSITE UNDER ADMISSIONS, IN THE CATALOG, STUDENT HANDBOOK AND EMPLOYEE HANDBOOK. SCHEDULE E, PART I, LINE 6 HARDIN-SIMMONS UNIVERSITY RECEIVES SCHOLARSHIP GRNTS FROM FEDERAL AGENCIES AND THE STATE OF TEXAS TO ASSIST STUDENT WITH THEIR COSTS OF EDUCATION. HSU PARTICIPATES IN THE DIRECT LOAN PROGRAM WHICH PROVIDES STUDENTS FEDERAL SUBSIDIZED LOANS TO ASSIST WITH THEIR EDUCATIONAL COSTS. 0 0 0 0 0 0 0 0 0 0 FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 3 15094 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 25 315831 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 3 42014 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 14471 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 6695 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 3 48754 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 8 98480 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 15 187885 APPLY AGAINST STUDENT ACCOUNT CHARGES 0 0 0 0 0 0 0 SCHOLARSHIPS 2061 26114143 PART VI - ADDITIONAL SUPPLEMENTAL INFORMATION FOR ALL SCHOLARSHIP FUNDS, STUDENT FINANCIAL SERVICES HAS ESTABLISHED SPECIFIC CRITERIA IN REGARDS TO ELIGIBILITY AND SELECTION. THE ELIGIBILITY REQUIREMENTS OF THE STUDENTS AND 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. X 1 1 X X X 0 0 0 0 0 0 0 0 0 ERIC BRUNTMYER PRESIDENT 271902 0 0 0 0 0 17772 0 48706 0 338380 0 0 0 JODIE MCGAUGHEY VP FOR FINANCE 162188 0 0 0 0 0 1639 0 19917 0 183744 0 0 0 CHRIS MCNAIR PROVOST & CAO 173784 0 0 0 0 0 12989 0 36758 0 223531 0 0 0 JENNIFER EAMES ASSOC. PROF PA 131755 0 0 0 0 0 5106 0 18703 0 155564 0 0 0 MICHAEL MONHOLLON DEAN FOR KELLEY COLLEGE 120592 0 0 0 0 0 24500 0 32702 0 177794 0 0 0 A WALLIS ED FAC CORP 760599530 2016-12-21 8908552 REFINANCE 0 0 0 B NEWARK HIGHER EDUCATION FINANCE CORP 465361566 2017-01-25 15000000 CAPITAL PROJECTS 0 0 0 A 738153 8908552 91672 8754054 2018 1 0 1 1 B 15000000 62826 15000000 2019 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 A 0 57500 MERIT SCHOLARSHIPS EDUCATIONAL ASSISTANCE 38200 DISCOUNTED TUITION EDUCATIONAL ASSISTANCE X 11 1184679 FMV X FOOD 3 9000 FMV X ADVERTISEMENT 2 8500 FMV X BOOKS 9 4947 FMV X MISCELLANEOUS 3 3038 FMV X JEWLERY 2 514 FMV X FLOWERS 1 45 FMV 0 1 1 PART I, LINE 32B: HIGHGROUND ADVISORS MARKETS AND SELLS CERTAIN NONCASH CONTRIBUTIONS, INCLUDING REAL ESTATE PROPERTY OUTSIDE OF ABILENE AND MARKETABLE SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEE PROPR TO SUBMISSION AND IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO SUBMISSION. PART VI LINE 15A THE BOARD OF TRUSTEES EVALUATE THE PRESIDENT OF THE UNIVERSITY. SALARY COMPARISON INFORMATION IS PROVIDED TO THE TRUSTEES FROM SOURCES SUCH AS THE COUNCIL FOR CHRISTIAN COLLEGES & UNIVERSITIES (CCCU), THE CHRONICLE OF HIGHER EDUCATION AND A SURVEY OF THE OTHER TEXAS BAPTIST COLLEGES AND UNIVERSITIES. THE EVALUATION IS PERFORMED IN EXECUTIVE SESSION SO THERE IS NOT DOCUMENTATION OF THE EVALUATION IN THE MINUTES OF THE BOARD OF TRUSTEES; HOWEVER, THERE IS WRITTEN DOCUMENTATION OF THE EVALUATION WHICH IS MAINTAINED IN THE PRESIDENT'S OFFICE. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE OFFICER REQUIRES WRITTEN CONFIRMATION ANNUALLY TO MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DESIGNATES THE RESPONSIBILITY TO THE PRESIDENT TO EVALUATE THE VARIOUS VICE PRESIDENTS AND TO SET THEIR SALARY. THE SURVEY OF OTHER TEXAS BAPTIST COLLEGES AND UNIVERSITIES IS REVIEWED, AS WELL AS OTHER SALARY INFORMATION THAT THE PRESIDENT OBTAINS FROM VARIOUS SOURCES. RAISES ARE TYPICALLY A COST OF LIVING RAISE. THERE IS WRITTEN DOCUMENTATION OF THE EVALUATIONS OF EACH VICE PRESIDEN WHICH IS MAINTAINED IN THE PRESIDENT'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -932,907. HARDIN-SIMMONS ACADEMIC FOUNDATION HSU BOX 16100 ABILENE TX 79698 756044322 SUPPORT HSU TX 501(C)(3) 11 TYPE 1 0 HARDIN-SIMMONS MUSIC FOUNDATION HSU BOX 16100 ABILENE TX 79698 752356410 SUPPORT HSU MUSIC TX 501(C)(3) 11 TYPE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0