2020-03-23T15:13:52-05:00 2019-05-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2018-06-01 640303086 MISSISSIPPI COLLEGE MISS 6019253310 P O BOX 4051 CLINTON MS 39058 DR BLAKE THOMPSON PRESIDENT 6019253310 2020-03-05 1 AMANDA ADAMS P00748038 7043771678 66.168.122.91 2020-03-05 12:31:14 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7F6CCF0CB4081015FD8E7383A60227A55661592A 2018 2020-09-23 17:36:50Z DR BLAKE THOMPSON P O BOX 4051 CLINTON MS 39058 117920475 0 X WWW.MC.EDU X 1826 MS MISSISSIPPI COLLEGE SEEKS TO BE KNOWN AS A UNIVERSITY RECOGNIZED FOR ACADEMIC EXCELLENCE & COMMITMENT TO THE CAUSE OF CHRIST. 29 27 1961 29 28420 0 13493003 8644281 103250468 104098479 3048696 1996982 609477 -165610 120401644 114574132 34847206 36438322 0 0 48805907 47345441 0 33000 978707 29752018 29427550 113405131 113244313 6996513 1329819 238980781 240420891 45996866 44240837 192983915 196180054 X MISSISSIPPI COLLEGE IS A PRIVATE, CO-EDUCATIONAL, COMPREHENSIVE UNIVERSITY OF LIBERAL ARTS AND SCIENCES AND PROFESSIONAL STUDIES DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE. FOUNDED IN 1826, MISSISSIPPI COLLEGE IS THE OLDEST INSTITUTION OF HIGHER LEARNING AND THE LARGEST PRIVATE UNIVERSITY IN THE STATE OF MISSISSIPPI. AS A CHRISTIAN INSTITUTION, MISSISSIPPI COLLEGE VALUES THE INTEGRATION OF FAITH AND LEARNING THROUGHOUT THE EDUCATIONAL PROCESS. MISSISSIPPI COLLEGE STIMULATES THE INTELLECTUAL DEVELOPMENT OF ITS STUDENTS THROUGH THE LIBERAL ARTS AND SCIENCES AND CONCENTRATED STUDY IN SPECIALIZED FIELDS, INCLUDING PRE-PROFESSIONAL AND PROFESSIONAL PROGRAMS. FURTHERMORE, THE UNIVERSITY ENVIRONMENT PROMOTES THE SPIRITUAL, SOCIAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF ITS STUDENTS AND ENCOURAGES THEM TO UTILIZE THEIR SKILLS, TALENTS, AND ABILITIES AS THEY PURSUE MEANINGFUL CAREERS, LIFE-LONG LEARNING, AND SERVICE TO GOD AND OTHERS. 0 0 90972875 36438322 86794956 EDUCATIONAL AND GENERAL EXPENSES: INSTRUCTION IS PROVIDED TO MORE THAN 5,000 STUDENTS WITH UNDERGRADUATE, GRADUATE AND DOCTORAL PROGRAMS AND DEGREES. THE UNIVERSITY IS COMMITTED TO EXCELLENCE AND INNOVATION IN TEACHING AND LEARNING. TUITION AND FEE REVENUE IS USED TO PAY SALARIES OF FACULTY AND STAFF AND PROVIDE TEACHING FACILITIES AND NECESSARY SUPPLIES.GRANTS: THE UNIVERSITY AWARDED OVER $36 MILLION IN FINANCIAL AID TO STUDENTS DURING THE 2018-2019 AID YEAR AND MADE OVER $170,000 IN GRANTS TO ORGANIZATIONS THAT SUPPORT STUDENT MINISTRIES ON CAMPUS. 8204932 17303523 AUXILIARY ENTERPRISES: THE UNIVERSITY PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, DINING, BOOKSTORE AND MAIL SERVICES. 99177807 1 1 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 6587 0 1 1961 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 29 27 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MS X LAURA JACKSON CFO 6019253865 200 S CAPITOL STREET CLINTON MS 39056 MR ROY WARD CHAIRMAN 1.00 X X 0 0 0 MR BILL SONES VICE CHAIRMAN (1/19-5/19) 1.00 X X 0 0 0 DR RONNIE FALVEY VICE CHAIRMAN (6/18-12/18) 1.00 X X 0 0 0 MS LA'VERNE EDNEY SECRETARY 1.00 X X 0 0 0 MS AMANDA ALEXANDER TRUSTEE 1.00 X 0 0 0 DR CHAD ALTMYER TRUSTEE 1.00 X 0 0 0 MR RALPH BARNES TRUSTEE (6/18-12/18) 1.00 X 0 0 0 MR BOB BOYTE TRUSTEE (6/18-12/18) 1.00 X 0 0 0 REV BARRY CORBETT TRUSTEE 1.00 X 0 0 0 MR RANDALL CRENSHAW TRUSTEE 1.00 X 0 0 0 DR EDDIE DONAHOE TRUSTEE 1.00 X 0 0 0 MR ROY FOUNTAIN TRUSTEE (6/18-12/18) 1.00 X 0 0 0 MR FRED HAHN TRUSTEE 1.00 X 0 0 0 MRS JANE HEDERMAN TRUSTEE (1/19-5/19) 1.00 X 0 0 0 DR JEFFERY P HOLLAND TRUSTEE 1.00 X 0 0 0 MR TONY HUFFMAN TRUSTEE 1.00 X 0 0 0 MR EDDIE KINCHEN TRUSTEE 1.00 X 0 0 0 JUDGE TOM LEE TRUSTEE (1/19-5/19) 1.00 X 0 0 0 MR COLIN MALONEY TRUSTEE (1/19-5/19) 1.00 X 0 0 0 DR SHARON MARTIN TRUSTEE 1.00 X 0 0 0 DR SAM MASSEY TRUSTEE 1.00 X 0 0 0 MR OSCAR MISKELLY TRUSTEE 1.00 X 0 0 0 MR PAUL MOAK JR TRUSTEE (1/19-5/19) 1.00 X 0 0 0 REV DEWAYNE PICKETT TRUSTEE 1.00 X 0 0 0 REV HUGH PLUNKETT TRUSTEE (6/18-12/18) 1.00 X 0 0 0 MR MIKE RICE TRUSTEE 1.00 X 0 0 0 MR RONNIE SMITH TRUSTEE (1/19-5/19) 1.00 X 0 0 0 MR ART STEVENS TRUSTEE 1.00 X 0 0 0 REV CHIP STEVENS TRUSTEE 1.00 X 0 0 0 MR ANDY TAGGART TRUSTEE 1.00 X 0 0 0 MR PERCY THORNTON TRUSTEE 1.00 X 0 0 0 DR ED TREHERN TRUSTEE 1.00 X 0 0 0 DR ROBERT WATSON TRUSTEE 1.00 X 0 0 0 DR KENNETH WEATHERSBY TRUSTEE 1.00 X 0 0 0 DR BLAKE THOMPSON PRESIDENT 50.00 X 219426 0 18925 DR RONALD W HOWARD VP ACADEMIC AFFAIRS 50.00 X 188379 0 27831 DR DEBBIE NORRIS VP PLAN & ASSESSMENT 50.00 X 134121 0 30681 DR WILLIAM TOWNSEND VP INSTITUTIONAL ADVANCEMENT 50.00 X 185486 0 30076 DR JAMES TURCOTTE VP ENROLLMENT SERVICES 50.00 X 139700 0 22001 DR ERIC PRATT VP CHRISTIAN DEVELOPMENT 50.00 X 79655 0 62409 DR STEVEN STANFORD VP ADMIN & GOVT RELATIONS 50.00 X 139523 0 19964 MRS DONNA LEWIS CHIEF FINANCIAL OFFICER 50.00 X 148175 0 39040 DR MARCELO EDUARDO DEAN-BUSINESS SCHOOL 50.00 X 210258 0 32974 DR STANLEY BALDWIN DEAN-SCHOOL OF MATH & SCIENCE 50.00 X 222704 0 32798 DR PATRICIA BENNETT DEAN-LAW SCHOOL 50.00 X 218028 0 36942 DR PHILLIP MCINTOSH FACULTY 50.00 X 142829 0 33097 DR ROBERT PHILPOT FACULTY 50.00 X 148059 0 24766 DR ANGELA KUPENDA FACULTY 50.00 X 135473 0 21276 MR JONATHAN WILL FACULTY 50.00 X 135518 0 15902 MR MATTHEW STEFFEY FACULTY 50.00 X 128032 0 24929 DR LEE G ROYCE FORMER PRESIDENT 50.00 X 582353 0 18944 3157719 0 492555 57 1 1 0 CAMPUS DINING PO BOX 4023 CLINTON MS 39058 FOOD SERVICES 3998583 ACADEMIC PARTNERSHIPS 600 N PEARL STREET SUITE 900 DALLAS TX 75201 MARKETING SERVICES 1339095 PREWITT CONTRACT SERVICES PO BOX 2268 CLINTON MS 39060 CLEANING SERVICES 829449 CLARK COMMUNICATIONS 2 WESTSIDE DRIVE ASHEVILLE NC 28806 PUBLIC RELATIONS/PRINTING 711140 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 ACADEMIC/FINANCE SOFTWARE 378037 30 775851 2705641 140690 5022099 139632 8644281 TUITION AND FEES 611600 84788213 84788213 AUXILIARY SERVICES 611710 17303523 17303523 OTHER PROGRAM REVENUE 611710 2006743 2006743 104098479 1890735 -301 1891036 46095 28721 0 0 46095 28721 74816 28721 46095 3181412 11657 3086822 0 94590 11657 106247 106247 19095 775851 259521 -240426 -240426 114574132 104098479 28420 1802952 175553 175553 35067102 35067102 1195667 1195667 2075221 1226894 657307 191020 35023160 31158084 3436005 429071 4945806 4257098 637780 50928 2813705 1301006 1479438 33261 2487549 2173517 270728 43304 51911 427 51484 135750 135750 33000 33000 139457 139457 7478202 6350685 1097953 29564 413868 277870 135998 873495 691039 117618 64838 1051271 854098 197173 4650504 3717679 929225 3600 2016123 1909339 80939 25845 419245 342414 76831 6426036 5248392 1177644 719924 7530 712394 SUPPLIES 1887615 1457603 405121 24891 BAD DEBTS 868670 868670 DUES, MEMBERSHIPS & SUB 373700 194473 168499 10728 INTERNATIONAL PROGRAMS 300583 300583 1621196 1270754 311785 38657 113244313 99177807 13087799 978707 30771582 33760612 1870165 1824087 3787265 3607096 1085178 924136 354161 512115 194819757 88129677 110966064 106690080 4638782 8741032 61028318 59684344 1776803 1663218 22702463 23014171 238980781 240420891 5565531 5392474 1102004 1047614 13000000 12250000 226566 231243 1813640 499543 24289125 24819963 45996866 44240837 X 91278971 91321288 31778581 33248787 69926363 71609979 192983915 196180054 238980781 240420891 X 1329819 683932 1182388 X 0 1 X 1 1 1 X 7832051 9916922 8683808 13493003 8644281 48570065 7832051 9916922 8683808 13493003 8644281 48570065 4351651 44218414 1989594 2083217 2438081 2425253 1936830 10872975 59443040 499121341 0.74390 0.74910 X PART 1 - REASON FOR PUBLIC CHARITY STATUS THE COLLEGE IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE COLLEGE HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B WHICH PROVIDES THAT 501(C)(3) ORGANIZATIONS THAT SATISFY THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE COLLEGE HAS COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE COLLEGE CONTINUES TO QUALIFY AS A SCHOOL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1507582 X X X 0 0 1 X 79027867 1516614 1596418 2130548 80010351 73414538 3137918 4375004 1899593 79027867 66486233 2331810 5931025 1334530 73414538 47622132 18814944 1332128 1282971 66486233 43315444 972811 4306525 972648 47622132 0.00000 0.79730 0.20270 1 0 6418158 6418158 179821700 82520321 97301379 8559936 5609356 2950580 19963 19963 106690080 EXTERNALLY MANAGED TRUST 8084613 F REAL ESTATE FUND 173124 F MULTI STRATEGY BOND FUND 9682123 F MULTI STRATEGY EQUITY FD. 40336280 F PRIVATE EQUITY FUND 77390 F INVESTMENTS HELD BY OTHERS 581222 F OTHER VARIOUS 749592 F 59684344 REAL ESTATE - LAND 16794202 REAL ESTATE - TIMBER 3189749 COLLECTIONS 1507582 HEALTH INSURANCE CLAIMS ACCOUNT 1278906 OTHER 243732 23014171 GOVERNMENT ADVANCES-STUDENT LOANS 1174840 OTHER LIABILITIES 315085 ACCRUED PENSION OBLIGATION 20738623 GIFT ANNUITIES PAYABLE 141415 ENVIRONMENTAL REMEDIATION LIAB. 2450000 24819963 X 82779675 683932 13750 -32612203 -31914521 114694196 139457 -259521 -120064 114574132 79583536 13750 259521 273271 79310265 139457 33794591 33934048 113244313 PART III, LINE 4: THE GORE GALLERY HOUSES BOTH PERMANENT AND ONGOING ART EXHIBITS AND IS OPEN TO UNIVERSITY STUDENTS AND THE PUBLIC. LOCAL ELEMENTARY AND JUNIOR HIGH PUBLIC SCHOOLS ALSO OFTEN VISIT THE GALLERY. THE GALLERY SUPPORTS THE MISSION OF THE UNIVERSITY BY PROVIDING VALUABLE EXPOSURE TO THE ARTS FOR OUR STUDENTS AND WORKING TO PRESERVE THE ARTS FOR FUTURE GENERATIONS. PART IV, LINE 2B: THE COLLEGE HOLDS FUNDS FOR VARIOUS STUDENT CLUBS AND ORGANIZATIONS (AGENCY FUNDS). PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS ARE HELD IN PERPETUITY IN ORDER TO PROVIDE A LONG TERM SOURCE OF INCOME THAT CAN BE USED TO PROVIDE STUDENT SCHOLARSHIPS AND ACADEMIC DEPARTMENTAL SUPPORT. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE UNIVERSITY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE UNIVERSITY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY 506,324. EQUITY INCOME IN HEALTHPLEX 387,269. CHANGE IN BENEFICIAL INTERESTS IN EXTERNAL TRUSTS 307,145. CHANGE IN SPLIT INTEREST OBLIGATIONS -18,350. TUITION DISCOUNTS SHOWN NET OF TUITION ON FINANCIALS -33,794,591. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES SHOWN NET OF REVENUE ON 990 -259,521. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES SHOWN NET OF REVENUE ON 990 259,521. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS SHOWN NET OF TUITION ON FINANCIALS 33,794,591. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS STATEMENT IS PUBLISHED ON AN ANNUAL BASIS IN "THE CLARION LEDGER," A HINDS COUNTY, MS NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES TITLE IV FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION, STATE OF MISSISSIPPI STUDENT GRANTS, AND RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES. ALL ASSISTANCE IS RELATED TO THE STUDENTS OR TO THE FURTHERANCE OF THE EDUCATIONAL MISSION OF THE INSTITUTION. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 294341 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 390852 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 55350 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 38460 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 76602 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 183897 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 70596 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 85570 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT 118562 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES EDUCATIONAL CLASSES, COMMISSION 349973 NORTH AMERICA 0 0 PROGRAM SERVICES EDUCATIONAL CLASSES 5810 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATIONAL CLASSES, EDUCATIONAL FAIR TOUR FEE 50286 SOUTH ASIA 0 0 PROGRAM SERVICES VIRTUAL EDUCATION FAIR 945 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL CLASSES 26715 0 0 0 1 0 1 1195668 552291 1747959 TUITION ASSISTANCE EAST ASIA AND THE PACIFIC 78 N/A 294341 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) 32 N/A 390852 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE MIDDLE EAST AND NORTH AFRICA 10 N/A 55350 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE NORTH AMERICA 7 N/A 38460 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE RUSSIA AND NEIGHBORING STATES 12 N/A 76602 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE SOUTH AMERICA 27 N/A 183897 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE SOUTH ASIA 10 N/A 70596 TUITION ASSISTANCE TUITION RATES TUITION ASSISTANCE SUB-SAHARAN AFRICA 27 N/A 85570 TUITION ASSISTANCE TUITION RATES 0 0 0 0 0 1 PART I, LINE 2: SCHOLARSHIPS ARE VERY SELDOM PAID IN CASH. THE SCHOLARSHIPS (WITH THE EXCEPTION OF A FEW SMALL HONORS DAY AWARDS) ARE PLACED DIRECTLY ON THE STUDENTS' ACCOUNTS AND THE SCHOLARSHIPS NEVER EXCEED THE TOTAL COSTS CHARGED. X X X X X X X 1 PHILANTHROCORP INC 111 SOUTH TEJON STREET STE 520 COLORADO SPRINGS CO 80903 PLANNED GIVING MARKETING & COUNSEL 0 0 33000 -33000 33000 -33000 MS LA AL TN AR GA SC NC OK TX VA KS MO KY WV DC NJ NY CT ATHLETIC DINNER 211674 198401 13273 297 108 15493 36307 772 SCHOLARSHIP BANQUET 480250 480250 3700 27179 125207 36506 2 103022 97200 5822 700 3401 7540 102 2209 794946 775851 19095 700 3698 11348 42774 161514 39487 259521 -240426 1 FELLOWSHIP OF CHRISTIAN ATHLETES 8701 LEEDS ROAD KANSAS CITY MO 64129 440610626 501(C)(3) 61700 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS INTERVARSITY CHRISTIAN FELLOWSHIP PO BOX 7895 MADISON WI 53707 362171714 501(C)(3) 21000 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS JACKSON YOUNG LIFE 753 MCCLUER ROAD JACKSON MS 39212 840385934 501(C)(3) 12000 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS JACKSON YOUTH FOR CHRIST PO BOX 12693 JACKSON MS 39236 640470639 501(C)(3) 22000 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS MISSISSIPPI BAPTIST CONVENTION BOARD PO BOX 530 JACKSON MS 39205 640334158 501(C)(3) 33353 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS REFORMED UNIVERSITY MINISTRIES 1700 N BROWN ROAD STE 104 LAWRENCEVILLE GA 30043 237366967 501(C)(3) 11000 TO SUPPORT ON-CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE STUDENTS MAKE-A-WISH 607 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 640730362 501(C)(3) 9500 STUDENT ATHLETE FUNDRAISER TO SUPPORT MAKE-A-WISH OPERATIONS 7 0 TUITION DISCOUNTS/SCHOLARSHIPS 2959 35067102 TUITION RATES TUITION ASSISTANCE PART I, LINE 2: MONIES GIVEN TO THESE ORGANIZATIONS ARE FOR THE SUPPORT OF ORGANIZATIONS THAT THE COLLEGE ADMINISTRATION BELIEVES IS WORTHY OF THEIR SUPPORT. THE USE OF THE FUNDS IS MONITORED IN THAT THE COLLEGE KNOWS THAT THE SPECIFIC INDIVIDUALS WHO WORK FOR THOSE ORGANIZATIONS ARE ON THE COLLEGE'S CAMPUS MINISTERING TO STUDENTS. REGARDING SCHOLARSHIPS, THESE ARE VERY SELDOM PAID IN CASH. THE SCHOLARSHIPS (WITH THE EXCEPTION OF A FEW SMALL HONORS DAY AWARDS) ARE PLACED DIRECTLY ON THE STUDENTS' ACCOUNTS AND THE SCHOLARSHIPS NEVER EXCEED THE TOTAL COSTS CHARGED. X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR BLAKE THOMPSON PRESIDENT 219426 0 0 0 0 0 12103 0 6822 0 238351 0 0 0 DR RONALD W HOWARD VP ACADEMIC AFFAIRS 188379 0 0 0 0 0 19315 0 8516 0 216210 0 0 0 DR DEBBIE NORRIS VP PLAN & ASSESSMENT 134121 0 0 0 0 0 14624 0 16057 0 164802 0 0 0 DR WILLIAM TOWNSEND VP INSTITUTIONAL ADVANCEMENT 185304 0 0 0 182 0 19302 0 10774 0 215562 0 0 0 DR JAMES TURCOTTE VP ENROLLMENT SERVICES 139700 0 0 0 0 0 14405 0 7596 0 161701 0 0 0 DR STEVEN STANFORD VP ADMIN & GOVT RELATIONS 139523 0 0 0 0 0 14204 0 5760 0 159487 0 0 0 MRS DONNA LEWIS CHIEF FINANCIAL OFFICER 148175 0 0 0 0 0 16725 0 22315 0 187215 0 0 0 DR MARCELO EDUARDO DEAN-BUSINESS SCHOOL 210258 0 0 0 0 0 21818 0 11156 0 243232 0 0 0 DR STANLEY BALDWIN DEAN-SCHOOL OF MATH & SCIENCE 222704 0 0 0 0 0 22938 0 9860 0 255502 0 0 0 DR PATRICIA BENNETT DEAN-LAW SCHOOL 218028 0 0 0 0 0 22884 0 14058 0 254970 0 0 0 DR PHILLIP MCINTOSH FACULTY 142829 0 0 0 0 0 15699 0 17398 0 175926 0 0 0 DR ROBERT PHILPOT FACULTY 148059 0 0 0 0 0 12562 0 12204 0 172825 0 0 0 DR ANGELA KUPENDA FACULTY 135473 0 0 0 0 0 13683 0 7593 0 156749 0 0 0 MR JONATHAN WILL FACULTY 135518 0 0 0 0 0 10592 0 5310 0 151420 0 0 0 MR MATTHEW STEFFEY FACULTY 128032 0 0 0 0 0 13611 0 11318 0 152961 0 0 0 DR LEE G ROYCE FORMER PRESIDENT 195231 0 0 0 387122 0 18202 0 742 0 601297 0 180000 0 PART I, LINE 1A THE PAYMENTS DESCRIBED ARE ONLY MADE TO THE PRESIDENT. THEY ARE ALL SPECIFICALLY DETAILED IN HIS EMPLOYMENT CONTRACT WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PRESIDENT OF THE COLLEGE IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AS WELL AS HOUSEKEEPING SERVICES. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. THE PRESIDENT'S RESIDENCE SHALL BE AVAILABLE, AND SHALL BE USED, FOR COLLEGE-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THE COLLEGE PAYS FOR CLUB DUES FOR THE PRESIDENT SO THAT HE CAN INTERACT WITH DONORS OF THE COLLEGE. THESE BENEFITS ARE NONTAXABLE. THE PRESIDENT ALSO HAS AN ARRANGEMENT WITH THE COLLEGE WHEREBY HIS DEFERRED COMPENSATION IS TO BE RECEIVED NET OF TAXES WITH THE TAXES BEING PAID BY THE COLLEGE ON HIS BEHALF. PART I, LINE 4B DR. ROYCE PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN. THE COMPENSATION UNDER THE PLAN WAS PAID OUT IN JANUARY 2018 FOR THE FIVE YEAR PERIOD ENDING IN DECEMBER 2017. A MISSISSIPPI BUSINESS FINANCE CORPORATION 640679132 000000000 2015-04-15 15000000 RESIDENTIAL STUDENT HOUSING CONSTRUCTION 0 0 0 A 2750000 15000000 128148 14871852 2015 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 ROB WARD ROY WARD IS A MEMBER OF THE BOARD OF TRUSTEES AND ROB IS HIS SON. 69215 THE COLLEGE EMPLOYS MR. WARD'S SON AS A FACULTY MEMBER. PAY IS IN LINE WITH NORMAL FACULTY PAY FOR EQUIVALENT EDUCATION AND EXPERIENCE. 0 KIMBERLY CHANDLER PERCY THORNTON IS ON THE BOARD OF TRUSTEES AND KIMBERLY IS HIS DAUGHTER 12060 THE COLLEGE EMPLOYS MR. THORNTON'S DAUGHTER AS AN EMPLOYEE. PAY IS IN LINE WITH NORMAL STAFF PAY FOR EQUIVALENT EDUCATION AND EXPERIENCE. 0 X 1 12000 FAIR MARKET VALUE X 5 127629 FAIR MARKET VALUE X HORSES 3 3 EACH HORSE AS A $1 5 0 1 1 PART I, LINE 32B: FOR NONCASH DONATIONS THAT ARE NOT USED IN THE COLLEGE'S OPERATIONS, THE COLLEGE MAY HIRE AN UNRELATED THIRD PARTY TO DISPOSE OF THE PROPERTY. GENERALLY, THE COLLEGE WOULD HAVE AN APPRAISAL DONE AND THEN HAVE A THIRD PARTY HANDLE THE DISPOSITION. FORM 990, PART VI, SECTION A, LINE 2 ART STEVENS AND CHIP STEVENS ARE TRUSTEES AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MISSISSIPPI BAPTIST CONVENTION SHALL ANNUALLY ELECT THE TRUSTEES BY VOTE OF THE MESSENGERS AT THE ANNUAL CONVENTION OF THAT BODY HELD IMMEDIATELY PRIOR TO THE COMMENCEMENT OF SUCH TERMS OF OFFICE. THE TRUSTEES SHALL BE ELECTED FROM NOMINEES JOINTLY APPROVED BY THE RESOLUTION OF THE BOARD OF TRUSTEES (ACTING AS A BOARD OR THROUGH A COMMITTEE SPECIFICALLY AUTHORIZED TO ACT ON BEHALF OF THE BOARD) AND BY THE NOMINATING COMMITTEE OF THE MISSISSIPPI BAPTIST CONVENTION (OR BY SUCH OTHER COMMITTEE AS MAY BE FROM TIME TO TIME DESIGNATED BY THE CONVENTION). NO PERSON SHALL BE ELIGIBLE FOR ELECTION AS A TRUSTEE BY THE CONVENTION WHO HAS NOT BEEN JOINTLY APPROVED BY THE BOARD OF TRUSTEES AND THE NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURNS ARE REVIEWED BY THE CONTROLLER AND THE CFO. FOR PRIVACY PURPOSES, THE COLLEGE'S AUDIT COMMITTEE AND FULL BOARD OF TRUSTEES ONLY RECEIVE A PUBLIC DISCLOSURE COPY OF THE 990 FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH BOARD MEMBER, OFFICER OR KEY EMPLOYEE IS REQUIRED TO SIGN A STATEMENT INDICATING THAT HE/SHE HAS READ THE COLLEGE'S CONFLICT OF INTEREST POLICY AND DISCLOSED ALL POSSIBLE CONFLICTS. THESE STATEMENTS ARE THEN REVIEWED BY THE AUDIT COMMITTEE. DURING THE YEAR, IF THE AUDIT COMMITTEE DETERMINES THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, THE CONFLICT IS DISCLOSED TO THE FULL BOARD AND THE SPECIFIC MEMBER WITH THE CONFLICT IS REQUIRED TO RECUSE HIMSELF/HERSELF FROM ANY DECISION MAKING INVOLVEMENT RELATED TO THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIRMAN OF ALL BOARD COMMITTEES. THE EXECUTIVE COMMITTEE USES DATA FROM COMPARABLE UNIVERSITIES TO DETERMINE COMPENSATION. THE PRESIDENT HAS A WRITTEN CONTRACT COVERING ALL FORMS OF COMPENSATION. COMPENSATION FOR OTHER TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. SALARY DATA FROM OTHER LIKE SIZE INSTITUTIONS IS USED FOR COMPARISON IN DETERMINING SALARY LEVELS. ALL OFFICERS AND KEY EMPLOYEES' SALARIES ARE INCLUDED IN THE UNIVERSITY BUDGET WHICH IS APPROVED BY 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 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY 506,324. EQUITY INCOME IN HEALTHPLEX 387,269. CHANGE IN SPLIT INTEREST OBLIGATIONS -18,350. CHANGE IN BENEFICIAL INTERESTS IN EXTERNAL TRUSTS 307,145. MISSISSIPPI COLLEGE FOUNDATION PO BOX 4005 CLINTON MS 39058 200058235 SUPPORTING ORGANIZATION MS 501(C)(3) LINE 7 MISSISSIPPI COLLEGE 1 MISSISSIPPI COLLEGE PROPERTY DEVELOPMENT CORP PO BOX 4005 CLINTON MS 39058 452406542 SUPPORTING ORGANIZATION MS 501(C)(3) LINE 12A, I MISSISSIPPI COLLEGE 1 THE BAPTIST HEALTHPLEX INC 102 NEW PROSPECT STREET CLINTON MS 39058 640900902 SUPPORTING ORGANIZATION; HEALTH & FITNESS MS 501(C)(3) LINE 10 N/A 0 MISSISSIPPI BAPTIST CONVENTION PO BOX 530 JACKSON MS 392050530 640334158 STATE CONVENTION MS 501(C)(3) LINE 1 N/A 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0