2020-01-22T14:41:22-06:00 2019-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2018-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2020-01-02 1 JOSHUA D MEYER CPA P01229485 2709262922 162.155.52.22 2020-01-22 14:41:18 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 361274273B4CEF77B3F5CF0B113201EB2C9E02EB 2018 2020-09-23 17:36:50Z FR LARRY HOSTETTER 2521 SR 657 LEWISPORT KY 42351 29674339 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. 38 34 405 34 0 0 3104707 1899760 16524565 18861084 938598 951319 81479 23210 20649349 21735373 5091600 7526462 0 0 8081826 7810574 0 0 494080 5829532 6292657 19002958 21629693 1646391 105680 37086287 37991215 4517589 6231711 32568698 31759504 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 20027477 7526462 19306887 UNDERGRADUATE AND GRADUATE EDUCATION 20027477 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 1114 0 1 405 1 0 0 0 0 0 0 0 0 0 0 0 0 X 38 34 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 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 PATRICK CASON TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 SUSIE HARRIS TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT 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 DARRELL HIGGINBOTHAM TRUSTEE 1.00 X 0 0 0 LARRY HOSTETTER PRESIDENT 37.50 X X 91588 0 13893 DEAN JONES TRUSTEE 1.00 X 0 0 0 CHARLES KAMUF TRUSTEE 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 LARRY O'BRYAN TRUSTEE 1.00 X 0 0 0 KATHRYN RAYMER TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 ROD KUEGEL TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 SUZANNE CECIL WHITE TRUSTEE 1.00 X 0 0 0 ALEXANDRIA WINK STUDENT REP 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 ROBERT BEST TRUSTEE EMERITUS 1.00 X 0 0 0 SAM DUNLANY TRUSTEE EMERITUS 1.00 X 0 0 0 DONALD RINEY TRUSTEE EMERITUS 1.00 X 0 0 0 THOMAS THOMPSON TRUSTEE EMERITUS 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 WILLIAM YOUNG III TRUSTEE EMERITUS 1.00 X 0 0 0 PAT LYNCH TRUSTEE 1.00 X 0 0 0 JIM DEMAIO TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 AMELIA STENGER TRUSTEE 1.00 X 0 0 0 HELEN CORNELL TRUSTEE 1.00 X 0 0 0 JAKE DAVIS STAFF REPRESENTATIVE 37.50 X 42523 0 8760 CONRAD TOEPFER PROFESSER, FACULTY REP 37.50 X 51869 0 11703 CHRIS HOUK VP OF ENROLLMENT 37.50 X 92463 0 13662 TRACY NAYLOR VP OF INSTITUTIONAL ADVANC 37.50 X 67332 0 12373 JOSH CLARY VP OF STUDENT DEVELOPMENT 37.50 X 53066 0 22480 DALE CECIL SECRETARY/TREASURER 37.50 X 80436 0 24018 CHERYL CLEMONS VP OF ACADEMIC AFFAIRS 37.50 X 0 0 0 479277 0 106889 0 0 0 0 A&K CONSTRUCTION 100 CALLOWAY CT PADUCAH KY 42001 CONSTRUCTION 1967906 FRESH IDEAS MANAGEMENT LLC 3220 VANDIVER DR COLUMBIA MO 65203 STUDENT DINING 763066 LEARNING HOUSE INC 427 SOUTH FOURTH STREET LOUISVILLE KY 40202 ONLINE COURSES 550083 MARTIN CUSTOM BUILDING 3115 COMMONWEALTH CT SUITE B-1 OWENSBORO KY 42303 CONSTRUCTION 462832 EOA ARCHITECTS 515 MAIN ST NASHVILLE TN 37206 ARCHITECTS 207930 5 341944 1557816 64053 1899760 TUITION & FEES 611600 15694418 15694418 AUXILIARY INCOME 611600 2995856 2995856 MISC STUDENT SERVICES 611600 151552 151552 STUDENT LOAN INTEREST 611600 19258 19258 18861084 490399 490399 72747 34420 38327 38327 38327 7977382 7516462 460920 460920 460920 372967 388084 -15117 -15117 21735373 19306887 0 528726 7526462 7526462 771126 565265 205861 5847507 5269923 407937 169647 203544 178658 16892 7994 589168 551552 18644 18972 399229 358802 27820 12607 3957 3957 51420 51420 83039 83039 664609 656109 8500 497851 487136 10715 877922 840246 16201 21475 163216 163216 828432 828432 591390 553081 38309 1552 1552 108516 108516 1014183 1014183 192724 192724 STUDENT MEALS 721577 721577 REPAIRS & MAINTENANCE 276783 276783 BAD DEBTS 215486 215486 21629693 20027477 1108136 494080 5594570 2638758 1138071 946669 154527 110154 449374 409889 20042 19017 8065 38747876 18276856 15713971 20471020 13999404 13371111 16328 16532 37086287 37991215 1045370 1948464 545580 407723 249265 35827 2580978 3737301 96396 102396 4517589 6231711 X 15382029 14246945 6653072 6841134 10533597 10671425 32568698 31759504 37086287 37991215 105680 -914874 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13513494 122239 -33323 590530 7659 131231 12872990 12948728 118432 1008577 440340 11818 110085 13513494 11560918 448032 1481835 431159 3108 107790 12948728 12522932 54839 -422503 594350 11560918 12242206 62191 788159 569624 12522932 0.02910 0.80610 0.16480 1 0 45861 27530467 11385369 16190959 5035113 4012299 1022814 6136435 2879188 3257247 20471020 ASSET RETIREMENT OBLIGATION 102396 102396 X 14468761 44275 53550 97825 14370936 80414 7284023 7364437 21735373 14430785 44275 53550 97825 14332960 80414 7216319 7296733 21629693 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 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 34,420. COGS - OTHER COSTS 19,130. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,128,899. NON-OPERATING INVESTMENT INCOME/LOSS 155,124. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 34,420. COGS 19,130. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,128,899. CHANGE IN STUDENT LOAN RESERVE 87,420. 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 1236 7526462 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. X 3 39665 STOCK QUOTE X FOOD 9 13256 DONOR PROVIDED X PRINTING 2 5026 DONOR PROVIDED X ADVERTISING 1 4710 DONOR PROVIDED X FURNITURE 1 1397 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 2019 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.