2019-05-14T10:03:40-05:00 2018-06-30 BKD LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2017-07-01 720408915 Centenary College of Louisiana % ROBERT BLUE CENT 3188695016 2911 Centenary Boulevard Shreveport LA 71104 ROBERT BLUE VP OF FINANCE 9727028262 2019-05-15 true Jeanette Verrelli P00742631 9727028262 167.68.126.162 76915820191345000009 2019-05-14 P ACBA2431EF37DEF71821A9057AFD5F2E9C389335 ACBA2431EF37DEF71821A9057AFD5F2E9C389335 2017 2019-02-21 02:37:17Z CHRISTOPHER HOLOMAN 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 50471060 false X WWW.CENTENARY.EDU X 1825 LA PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 600 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 26 23 567 382 28846 10339 4545411 4469467 17073580 19210615 3041297 3221138 1539357 1856678 26199645 28757898 9514544 11526832 0 0 11236827 11465696 0 0 836497 10056793 9448257 30808164 32440785 -4608519 -3682887 168219223 172725407 17720455 19944939 150498768 152780468 X CENTENARY IS A SELECTIVE LIBERAL ARTS COLLEGE OFFERING UNDERGRADUATE PROGRAMS AND LIMITED NUMBER OF GRADUATE PROGRAMS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, AND SOCIAL SCIENCES, WHICH STRENGTHEN THE FOUNDATION FOR STUDENTS' PERSONAL LIVES AND CAREER GOALS. STUDENTS AND FACULTY WORK TOGETHER TO BUILD A COMMUNITY FOCUSED ON ETHICAL AND INTELLECTUAL DEVELOPMENT, RESPECT AND CONCERN FOR HUMAN AND SPIRITUAL VALUES, AND THE JOY OF CREATIVITY AND DISCOVERY. CONSISTENT WITH ITS AFFILIATION WITH THE UNITED METHODIST CHURCH, THE COLLEGE ENCOURAGES A LIFELONG DEDICATION NOT ONLY TO LEARNING BUT ALSO TO SERVING OTHERS. IT STRIVES TO OVERCOME IGNORANCE AND INTOLERANCE; TO EXAMINE IDEAS CRITICALLY; TO PROVIDE AN UNDERSTANDING OF THE FORCES THAT HAVE INFLUENCED THE PAST, DRIVE THE PRESENT, AND SHAPE THE FUTURE; AND TO CULTIVATE INTEGRITY, INTELLECTUAL AND MORAL COURAGE, RESPONSIBILITY, FAIRNESS, AND COMPASSION. IN PURSUIT OF THESE IDEALS, THE COLLEGE CHALLENGES ITS STUDENTS THROUGHOUT THEIR EDUCA false false 26239166 11526832 20856994 PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 600 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 26239166 true true false false false false false true false true true false false true true false false true true false false false false false false false false false true true false false false false false false true false true false false false true true true true false false true 111 0 567 true true true false false false false true true false false false false X 26 23 false false false false false true false true true false false true true true true true true true true false X ROBERT BLUE 3188695127 2911 CENTENARY BOULEVARD SHREVEPORT TX 71104 X C ELLIS BROWN JR TRUSTEE 1.0 0.0 X 0 0 0 CAROL BORNE SPENCER TRUSTEE 1.0 0.0 X 0 0 0 CHARLES B SIMMONS TRUSTEE 1.0 0.0 X 0 0 0 DARYL FULTZ TRUSTEE 1.0 0.0 X 0 0 0 HARRY MCINNIS TRUSTEE 1.0 0.0 X 0 0 0 LENNIS S ELSTON TRUSTEE 1.0 0.0 X 0 0 0 MARK D ELDREDGE TRUSTEE 1.0 0.0 X 0 0 0 O FRED LOY TRUSTEE 1.0 0.0 X 0 0 0 Paul Michael Mann TRUSTEE 1.0 0.0 X 0 0 0 John Atkins TRUSTEE 1.0 0.0 X 0 0 0 W Juan Watkins TRUSTEE 1.0 0.0 X 0 0 0 J Stafford Comegys TRUSTEE 1.0 0.0 X 0 0 0 Beth Bonner DeVille TRUSTEE 1.0 0.0 X 0 0 0 William H Broyles TRUSTEE 1.0 0.0 X 0 0 0 Thomas E McElroy TRUSTEE 1.0 0.0 X 0 0 0 Jon Q Petersen TRUSTEE 1.0 0.0 X 0 0 0 Imad Anbouba TRUSTEE 1.0 0.0 X 0 0 0 Ross P Barrett TRUSTEE 1.0 0.0 X 0 0 0 Robert Bowman TRUSTEE 1.0 0.0 X 0 0 0 DAVID BARLOW CHAIRMAN 1.0 0.0 X X 0 0 0 John George Jr Vice Chairman 1.0 0.0 X X 0 0 0 Edward J Crawford III Treasurer 1.0 0.0 X X 0 0 0 G Archer Frierson II Secretary 1.0 0.0 X X 0 0 0 George D Nelson Jr Immediate Past Chair 1.0 0.0 X X 0 0 0 Cynthia Harvey Ex-Officio 1.0 0.0 X 0 0 0 Christopher Holoman Centenary President 40.0 0.0 X X 242216 0 17242 JENIFER K WARD provost dean of the college 40.0 0.0 X 174124 0 12700 ROBERT S BLUE VP of Finance & AdmiN 40.0 0.0 X 161100 0 8738 FRED J LANDRY JR Vice President for Development 40.0 0.0 X 125467 0 12350 L Calhoun ALLEN III VP for Enrollment 40.0 0.0 X 122413 0 12388 Barbara Davis Professor of Acctg & Finance 40.0 0.0 X 103949 0 11732 929269 0 75150 6 false true false SODEXO INC AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES 1734008 NATIONAL MANAGEMENT RESOURCE CORPOR PO BOX 1224 LAGRANGE GA 30241 FACILITY SERVICES 1266353 Abatement Services Inc 9417 St Vincent Ave SHREVEPORT LA 71106 Asbestos Abatement 256530 Mechanical Concepts PO Box 3570 SHREVEPORT LA 71133 Repairs/Equipment 193586 Storer Equipment Company Inc PO BOX 6761 SHREVEPORT LA 71136 Facility Services 172369 11 X 9715 181420 4278332 579067 4469467 TUITION AND FEES 611710 19210615 19210615 19210615 1768402 14010 1754392 0 142484 14836 127648 120423 101768 18655 0 18655 18655 19211279 17758519 24 1452760 -24 1452736 1452736 0 9715 4306 -4306 -4306 0 0 0 5494924 3848545 1646379 1646379 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-11413087 -5562245 32712517 -3954619 -3954619 28757898 24868572 3954619 3954619 20913953 11526832 11526832 32440785 SCHEDULE D, PART III, LINE 4 ORGANIZATION'S COLLECTIONS AND EXEMPT PURPOSE: THE MEADOWS MUSEUM OF ART IS A DEPARTMENT OF THE COLLEGE AND IS LOCATED ON THE COLLEGE CAMPUS. THE MEADOWS MUSEUM EXISTS FOR THE PURPOSES OF HOUSING, CARING FOR, AND EXHIBITING THE PERMANENT COLLECTION ON A ROTATING BASIS AND FOR IMPLEMENTING PUBLIC EDUCATIONAL PROGRAMS DEVELOPED IN TANDEM WITH MUSEUM EXHIBITIONS IN ORDER TO MAXIMIZE EDUCATIONAL IMPACT ON VIEWERS AND PROGRAM PARTICIPANTS. MUSEUM STAFF OFTEN WORK WITH COLLEGE FACULTY TO MOUNT EXHIBITIONS DIRECTLY RELATED TO COURSE CONTENT AND IN THIS WAY SIMULTANEOUSLY SERVE THE CENTENARY COLLEGE STUDENTS, FACULTY AND STAFF AS WELL AS THE REGIONAL COMMUNITY AT LARGE. ALL PUBLIC EDUCATIONAL PROGRAMS AND EVENTS ARE PRESENTED FREE-OF-CHARGE. PERIODICALLY, EXHIBITIONS ARE LOANED TO REGIONAL INSTITUTIONS FOR PRESENTATION THAT SPAN THE SOUTHERN GEOGRAPHIC REGION FROM NORTHERN MISSISSIPPI TO CENTRAL TEXAS. THESE ACTIVITIES STRONGLY SUPPORT THE EDUCATIONAL MISSION OF CENTENARY COLLEGE. SCHEDULE D, PART V, LINE 4 INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: THE COLLEGE'S ENDOWMENT FUNDS A PORTION OF THE OPERATING AND CAPITAL REQUIREMENTS OF THE INSTITUTION. IN ADDITION, THERE ARE A NUMBER OF RESTRICTED ENDOWMENTS THAT ARE INTENDED TO FUND SPECIFIC AREAS WITHIN THE INSTITUTION, INCLUDING ENDOWED FACULTY CHAIRS, ENDOWED SCHOLARSHIPS FOR QUALIFIED STUDENTS, AND OTHER SPECIFIC AREAS. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: CHANGE IN SPLIT AGREEMENTS $ 113,745 SCHOLARSHIPS $(11,526,832) ------------ TOTAL $(11,413,087) SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: COST OF GOODS SOLD $(3,848,545) FUNDRAISING EXPENSE $(4,306) RENTAL EXPENSE $(101,768) ------------------ TOTAL $(3,954,619) SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: COST OF GOODS SOLD $ 3,848,545 FUNDRAISING EXPENSE $ 4,306 RENTAL EXPENSE $ 101,768 ------------------ TOTAL $ 3,954,619 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: SCHOLARSHIPS $ 11,526,832 SCHEDULE D, PART X, LINE 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY TO GENERAL COMMUNITY: THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY TO THE GENERAL COMMUNITY IT SERVES THROUGH AN ADVERTISEMENT ONCE A YEAR IN THE LOCAL NEWSPAPER. THE COLLEGE ALSO DISPLAYS THIS SAME NONDISCRIMINATORY POLICY THROUGHOUT THE COLLEGE'S WEBSITE, PRIMARILY IN THE ADMISSIONS AND FINANCIAL AID SECTIONS. IN ADDITION, THE COLLEGE DISPLAYS THE POLICY ON MATERIAL THAT IS SENT OUT TO PROSPECTIVE STUDENTS, INCLUDING THE COLLEGE'S APPLICATION FORM. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: THE ORGANIZATION RECEIVES PERKINS AWARDS, PELL, SEOG, ACG, SMART, WORK STUDY, STAFFORD AND PLUS LOANS. true SCHOLARSHIPS AND AWARDS 528 11526832 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: SCHOLARSHIPS AND OTHER TYPES OF FINANCIAL ASSISTANCE ARE MONITORED BY PROCEDURES THAT INSURE INDIVIDUALS RECEIVING DISBURSEMENTS ARE QUALIFIED TO RECEIVE THE FINANCIAL ASSISTANCE BASED ON THE INSTITUTION'S ASSESSMENT OF FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND OTHER SIMILAR NEEDS. X X X X X false true X X X X X false false false false false false false false false Christopher Holoman Centenary President 186634 0 0 0 55582 0 11063 0 6179 0 259458 0 JENIFER K WARD provost dean of the college 150337 0 0 0 23787 0 6563 0 6137 0 186824 0 ROBERT S BLUE VP of Finance & AdmiN 144905 0 0 0 16195 0 8000 0 738 0 169838 0 SCHEDULE J, PART I, LINE 1A BENEFITS PROVIDED TO INDIVIDUALS: THE ORGANIZATION PROVIDES BENEFITS AS INDICATED IN LINE 1A TO THE ORGANIZATION'S PRESIDENT. ANY NON-BUSINESS OR PERSONAL PORTION OF THE BENEFITS PROVIDED HAS BEEN INCLUDED IN THE RECIPIENT'S FORM W-2 AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1B WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES: THE COLLEGE DOES NOT REIMBURSE FOR FIRST-CLASS TRAVEL. ON AN INFREQUENT BASIS, COLLEGE EMPLOYEES MAY TRAVEL WITH A BOARD OF TRUSTEE MEMBER ON A CHARTER (OR PRIVATELY-OWNED) PLANE ON COLLEGE BUSINESS. SUCH TRAVEL WOULD TYPICALLY INCLUDE THE PRESIDENT OF THE COLLEGE AND BE AUTHORIZED BY THAT PERSON. HOUSING ALLOWANCES ARE PROVIDED BY CONTRACT TO THE COLLEGE PRESIDENT IN LIEU OF COLLEGE-PROVIDED HOUSING. IN ADDITION, UNDER INTERNAL REVENUE SERVICE RULES, COLLEGE CLERGY MAY MAKE HOUSING ALLOWANCE ELECTIONS TO ALLOCATE A PORTION OF THEIR SALARY TO SUCH AN ALLOWANCE. PROVISION AND PAYMENT OF THESE BENEFITS ARE OUTLINED IN EACH INDIVIDUAL'S EMPLOYMENT CONTRACT. 0 CHRISTOPHER BROWN BROWN, MEMBER, ON BOARD 34466 SALARIES/WAGES false LAURA CRAWFORD CRAWFORD, OFFICER, ON BOARD 15768 SALARIES/WAGES false X 10 535202 FMV X 4 3865 COST X GRAND PIANO & BENCH 1 40000 FMV 3 false true true SCHEDULE M, PART I, LINE 32B SALES OF NONCASH CONTRIBUTIONS: THE COLLEGE'S POLICY IS TO SELL ALL MARKETABLE SECURITIES UPON RECEIPT FROM THE DONOR. THE COLLEGE WILL USE ONE OF THE BROKERAGE FIRMS IT HAS AN ACCOUNT WITH TO SELL THE DONATED SECURITIES. SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED: THE AMOUNTS REPORTED IN THIS COLUMN ARE THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, Section A, LINE 1A DELEGATION OF AUTHORITY: THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE BOARD, THE PRESIDENT AND THE CHAIRS AND VICE-CHAIRS OF ALL STANDING COMMITTEES. THE BISHOP OF THE LOUISIANA ANNUAL CONFERENCE SHALL BE AN EX-OFFICIO, VOTING MEMBER. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE BOARD BETWEEN REGULAR BOARD MEETINGS ON ALL MATTERS EXCEPT FOR PRESIDENTIAL SELECTION AND TERMINATION, BOARD MEMBER AND OFFICER ELECTION, MISSION AND PURPOSE CHANGES, AMENDMENTS TO THE ARTICLES OR BYLAWS, THE INCURRENCE OF CORPORATE INDEBTEDNESS, AND CONFERRAL OF DEGREES. FORM 990, PART VI, SECTION A, LINE 7A PERSONS WHO HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY: THE 2014 AMENDED CHARTER OF THE COLLEGE STATES THE LOUISIANA CONFERENCE OF THE UNITED METHODIST CHURCH HAS THE ABILITY TO ELECT OR REJECT ANY NOMINEE MADE BY THE CENTENARY COLLEGE'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE ORGANIZATION ENGAGES AN ACCOUNTING FIRM TO PREPARE FORM 990. THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCIAL OFFICE. THEN THE ENTIRE BOARD OF TRUSTEES IS PROVIDED A COPY OF THE RETURN TO REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: MEMBERS OF THE BOARD OF TRUSTEES, KEY SENIOR ADMINISTRATORS AND HIGHEST COMPENSATED EMPLOYEES FILE ANNUALLY WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES A COMPLETED QUESTIONNAIRE THAT IS AN ATTACHED EXHIBIT TO THE CONFLICT OF INTEREST POLICY DETAILING ANY POSSIBLE CONFLICTS OF INTEREST WITH THE INSTITUTION. THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS THE ANNUAL QUESTIONNAIRES. A BOARD MEMBER WHO HAS A CONFLICT OF INTEREST SHALL ABSTAIN FROM VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINEs 15A & 15B REVIEW OF OFFICER COMPENSATION: A REVIEW OF THE PRESIDENT'S COMPENSATION IS CONDUCTED AT LEAST ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, SAID COMMITTEE BEING COMPRISED OF THE OFFICERS OF THE BOARD. THE COMMITTEE USES COMPARABILITY DATA, SUCH AS FORM 990S OF OTHER ORGANIZATIONS AND COMPENSATION SURVEYS, AS A BASIS FOR DETERMINING COMPENSATION. THE REVIEW IS DOCUMENTED IN THE MEETING MINUTES. ADDITIONALLY, THE PRESIDENT REVIEWS THE OTHER OFFICERS' COMPENSATION USING THE CUPA-HR SALARY STANDARDS FOR HIGHER EDUCATION IN DETERMINING SALARY THRESHOLDS. CENTENARY USES THE MEDIAN PROVIDED BY CUPA AND ADJUSTS IT DURING THE INITIAL HIRING PROCESS. EMPLOYEES ARE OFFERED COMPENSATION BASED ON THEIR QUALIFICATIONS IN RELATION TO THIS MEDIAN. THE ANNUAL EVALUATIONS AND PERFORMANCE REVIEWS DO NOT HAVE AN EFFECT ON SALARY. THE COMPENSATION REVIEWS ARE DOCUMENTED IN THE EMPLOYEE'S H/R FILES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT CURRENTLY MADE AVAILABLE TO THE PUBLIC, EXCEPT UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: CHANGE IN SPLIT INTEREST AGREEMENTS $113,745 Yoncopin Properties LLC 2911 centenary blvd shreveport LA 71104 833840944 real estate LA 118423 24181 centenary LOUISIANA ANNUAL CONFERENCE OF THE UMC 527 NORTH BLVD BATON ROUGE LA 70802 237188652 CHURCH LA 501(C)(3) 1 NA false CENTENARY SIF LP 125 HIGH ST BOSTON MA 02110 472401486 INVESTMENTS DE CENTENARY EXCLUDED 3249269 103839179 false -18847 false 0.99990 CHARITABLE LEAD TRUSTS (12) CHARITABLE TRUST TX NA TRUST false true false false false false false false false false false false false false false false false false true CENTENARY SIF LP S 5891333 FMV