2018-02-15T11:48:57-06:00 2017-05-31 741699466 FITTS ROBERTS & CO PC 5718 WESTHEIMER STE 800 HOUSTON TX 77057 990 2016-06-01 741400699 HOUSTON BAPTIST UNIVERSITY HOUS 2816493000 7502 FONDREN RD HOUSTON TX 77074 SANDRA N MOONEY CHIEF FINANCIAL OFFICER 2816493000 2018-02-09 1 KELLY J HUNTER CPA P00997172 7132605230 2016 2022-09-23 18:48:47Z DR ROBERT B SLOAN JR 7502 FONDREN RD HOUSTON TX 77074 107935325 0 X WWW.HBU.EDU X 1960 TX TO PROVIDE INSTRUCTION FOR APPROXIMATELY 3,200 STUDENTS IN UNDERGRADUATE AND GRADUATE COURSES 33 33 1096 4 -52653 -73185 12393982 10250901 79055852 82853934 1127785 -826219 3826151 4721246 96403770 96999862 35463377 38252448 0 0 28971889 31869162 0 80271 1130950 30497442 30769535 94932708 100971416 1471062 -3971554 241564554 255036357 76060332 83370785 165504222 171665572 THE MISSION OF HOUSTON BAPTIST UNIVERSITY IS TO PROVIDE A LEARNING EXPERIENCE THAT INSTILLS IN STUDENTS A PASSION FOR ACADEMIC, SPIRITUAL, AND PROFESSIONAL EXCELLENCE AS A RESULT OF OUR CENTRAL CONFESSION, "JESUS CHRIST IS LORD" 0 0 70393983 38252448 85421926 PROVIDES INSTRUCTION FOR APPROXIMATELY 3,200 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES. 70393983 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 1 0 1 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 172 0 1096 1 1 1 0 0 0 0 1 1 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X SANDRA N MOONEY CPA CHIEF FINANCIAL OFFICER 2816493000 7502 FONDREN RD HOUSTON TX 77074 BEN RENBERG TRUSTEE 0.00 X 0 0 0 BILL WILLIAMS TRUSTEE 0.00 X 0 0 0 BRUCE WILLIAMS TRUSTEE 0.00 X 0 0 0 CHARLIE WARD TRUSTEE 0.00 X 0 0 0 CLOIS SMITH TRUSTEE 0.00 X 0 0 0 DALE JEFFERSON TRUSTEE 0.00 X 0 0 0 DAVID FLEMING TRUSTEE 0.00 X 0 0 0 DAN WILFORD TRUSTEE 0.00 X 0 0 0 ED YOUNG TRUSTEE 0.00 X 0 0 0 GREGG MATTE TRUSTEE 0.00 X 0 0 0 JANET TAYLOR COLEMAN TRUSTEE 0.00 X 0 0 0 JIM SMITH ADVISORY TRUSTEE 0.00 X 0 0 0 JOHN GIBSON JR TRUSTEE 0.00 X 0 0 0 JOSH GUAJARDO TRUSTEE 0.00 X 0 0 0 JUDY GRAHAM TRUSTEE 0.00 X 0 0 0 KANDY BRITTAIN TRUSTEE 0.00 X 0 0 0 KEITH JACOBSON TRUSTEE 0.00 X 0 0 0 LYNN KIESEWETTER TRUSTEE 0.00 X 0 0 0 MADELINE COLLIER TRUSTEE 0.00 X 0 0 0 MARC RYLANDER TRUSTEE 0.00 X 0 0 0 MARK AMMERMAN TRUSTEE 0.00 X 0 0 0 MARY ANN BELIN ADVISORY TRUSTEE 0.00 X 0 0 0 MATTHEW W MORRIS TRUSTEE 0.00 X 0 0 0 OMAR GARCIA TRUSTEE 0.00 X 0 0 0 PENNY LLOYD TRUSTEE 0.00 X 0 0 0 RAY L COX JR TRUSTEE 0.00 X 0 0 0 STEPHEN M KERNS TRUSTEE 0.00 X 0 0 0 STEWART MORRIS SR ADVISORY TRUSTEE 0.00 X 0 0 0 TADD TELLEPSEN TRUSTEE 0.00 X 0 0 0 TOM MOSLEY TRUSTEE 0.00 X 0 0 0 JEROME SMITH TRUSTEE 0.00 X 0 0 0 JIM SMITH JR TRUSTEE 0.00 X 0 0 0 JOHNNY BAKER III ADVISORY TRUSTEE 0.00 X 0 0 0 ROBERT B SLOAN PRESIDENT 40.00 X 420449 0 128735 SANDRA N MOONEY CHIEF FINANCIAL OFFICER 40.00 X 242196 0 7689 JAMES L STEEN VP ENROLLMENT MGMT 40.00 X 205824 0 11156 JEROME JOHNSTON VP FOR INNOVATION & STRATE 40.00 X 199020 0 4582 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 40.00 X 202229 0 6382 CYNTHIA SIMPSON INTERIM PROVOST/DEAN, GRAD 40.00 X 176022 0 4803 STEVE MONIACI DIRECTOR OF ATHLETICS 40.00 X 127620 0 4758 CHARLES E BACARISSE VP DEVELOPMENT 40.00 X 168329 0 11258 MICHAEL WEEKS DEAN, BUSINESS 40.00 X 175566 0 4803 VICTOR D SHEALY COACH 40.00 X 152917 0 8606 LEVON HAYRAPETYAN PROFESSOR 40.00 X 147795 0 4582 CRAIG EVANS PROFESSOR 40.00 X 138301 0 7557 2356268 0 204911 34 0 1 0 ARAMARK SERVICES INC 7502 FONDREN RD HOUSTON TX 77074 FACILITIES MAINTENANCE 3595641 ELLUCIAN COMPANY LP 62814 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INFORMATION SYSTEMS SUPPORT 2954380 MP2 ENERGY LLC PO BOX 202829 DALLAS TX 75320 ELECTRIC UTILITIES 1345329 ARAMARK EDUCATION 27310 NETWORK PLACE CHICAGO IL 60673 CUSTODIAL SERVICES 1048668 ROYALL & COMPANY 1290 EAST PARHAM ROAD RICHMOND VA 23228 STUDENT RECRUITING SERVICES 980766 5 397510 2002053 7851338 10250901 TUITION AND FEES 611600 79276426 79276426 AUXILIARY SERVICES 611600 3577508 3577508 82853934 1052865 1052865 139086 139086 1664123 783915 880208 880208 932861 -52653 6530468 8409552 -1879084 -1879084 -1879084 420340 397510 232603 187737 187737 2005484 1509393 496091 496091 ATHLETICS 611600 1264546 1264546 FITNESS CENTER 611600 1038868 1038868 OTHER 611600 714710 714710 3018124 96999862 85421926 -52653 1379688 38252448 38252448 1573360 176022 1397338 25036416 17353334 6837419 845663 1083481 665634 379214 38633 2307864 1526919 717793 63152 1868041 1225319 588279 54443 3950099 1743502 2206597 97813 97813 119881 119881 80271 80271 387039 168929 193705 24405 2075109 1384214 685981 4914 1432538 559626 872912 1328179 1328179 946152 137144 801241 7767 48444 23175 13567 11702 2408038 2408038 4748839 2310214 2438625 886491 -741 887232 MAINTENANCE, REPAIR, EQ 2591881 145121 2446760 CONTRACT LABOR 2452430 1188398 1264032 STUDENT ACTIVITIES 2196972 2178259 18713 UTILITIES 1584546 73718 1510828 3515084 1282748 2232336 100971416 70393983 29446483 1130950 12282473 16833444 940197 2514890 21973009 18027194 4486136 5252830 221988 3206139 714236 745061 1517695 3445093 182032093 66769576 115029336 115262517 36655183 41242372 16544911 14474840 23536631 25276997 7662759 8754980 241564554 255036357 5979278 6339352 519138 604343 45755000 55457283 568928 634145 14008807 0 2408822 19820000 6820359 515662 76060332 83370785 X 80716309 82918985 31022977 31487063 53764936 57259524 165504222 171665572 241564554 255036357 -3971554 8948341 1184563 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6391511 X X X 0 0 0 94552666 3386160 6686025 2536896 -4356615 102805132 100668709 553571 -2989147 2510297 -6190764 94552666 88226583 8370014 2963737 2954958 -4063333 100668709 85467373 464967 6570035 3069815 1205977 88226583 77120359 1820678 8613781 3407007 -1319562 85467373 0.25480 0.55700 0.18820 1 0 9160248 9160248 115413067 30681411 84731656 23820309 14018303 9802006 29445226 19109546 10335680 4193243 2960316 1232927 115262517 BONDS 1057056 F INTERNATIONAL FUND 9061630 F TRUSTS 4356154 F 14474840 REAL ESTATE 24323811 F MINERAL RIGHTS 953186 F 25276997 DEPOSITS 515662 515662 X 74091549 8948341 4624801 13573142 60518407 36481455 36481455 96999862 69363383 4850851 4850851 64512532 36458884 36458884 100971416 PART III, LINE 4: PART III, LINE 4: THE UNIVERSITY HAS VARIOUS HISTORICAL PIECES WHICH ARE BEING EXHIBITED IN THE UNIVERSITY'S MUSEUM OF SOUTHERN HISTORY, A BIBLE MUSEUM AND AN ART MUSEUM AND SOME WORKS IN OTHER LOCATIONS OF THE UNIVERSITY. THE MUSEUMS AND ARTWORK GIVES THE STUDENTS OF THE UNIVERSITY THE ABILITY TO EXPERIENCE "HANDS ON" HISTORICAL ITEMS RELATED TO RELIGIOUS AND UNITED STATES HISTORY. PART X, LINE 2: THE UNIVERSITY FOLLOWS ASC 740 WHICH REQUIRES THE EVALUATION OF HOW TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE STANDARD REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAXING AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ADOPTION OF ASC 740 DID NOT HAVE AN EFFECT ON THE UNIVERSITY'S NET ASSET VALUE, FINANCIAL POSITION OR RESULTS OF ACTIVITIES. AS OF MAY 31, 2017 AND 2016 AND THE THE YEARS THEN ENDED, THE UNIVERSITY AND ITS SUBSIDIARY, BSI, DID NOT HAVE AN ASSET OR LIABILITY FOR ANY UNRECOGNIZED TAX POSITIONS. MANAGEMENT'S DETERMINATIONS REGARDING ASC 740 MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED UPON FACTORS INCLUDING, BUT NOT LIMITED TO, AN ON-GOING ANALYSIS OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF. PART XI, LINE 2D - OTHER ADJUSTMENTS: BSI REVENUE 2,270,993 BOOKSTORE COST OF GOODS SOLD 1,509,393 RENTAL EXPENSES ALLOCATION 611,812 FUNDRAISING EXPENSES NET AGAINST REVENUE FOR EVENTS 232,603 TOTAL TO SCHEDULE D, PART XI, LINE 2D 4,624,801 PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 36,481,455 TOTAL TO SCHEDULE D, PART XI, LINE 4B 36,481,455 PART XII, LINE 2D - OTHER ADJUSTMENTS: BSI EXPENSES 2,497,043 BOOKSTORE COST OF GOODS SOLD 1,509,393 RENTAL EXPENSES ALLOCATION 611,812 FUNDRAISING EXPENSES NET AGAINST REVENUE FOR EVENTS 232,603 TOTAL TO SCHEDULE D, PART XII, LINE 2D 4,850,851 PART XII, LINE 4B - OTHER ADJUSTMENTS FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 36,481,455 MISCELLANEOUS -22,570 TOTAL TO SCHEDULE D, PART XII, LINE 4B 36,458,885 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HBU'S NONDISCRIMINATORY POLICY IS INCLUDED ON OUR WEBSITE AND ALL HBU PUBLICATIONS RELATING TO ENROLLMENT AND STUDENT DIVERSITY. SCHEDULE E, PART I, LINE 6 HBU RECEIVED GOVERNMENTAL FINANCIAL AID IN THE FORM OF GRANTS. THE MAJORITY OF THESE GRANTS ARE THEN PROVIDED TO THE STUDENTS OF THE UNIVERSITY TO ASSIST WITH PAYING FOR TUITION AND/OR LIVING COSTS. A SMALL PERCENTAGE OF THE GRANTS RECEIVED BY HBU WERE USED BY THE UNIVERSITY TO SPEND ON REGULAR RECURRING OPERATIONAL EXPENSES. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1 PROGRAM SERVICES PROFESSOR OF APOLOGETICS AND THE DIRECTOR OF HBU'S C.S. LEWIS CENTRE IN OXFORD, ENGLAND. TEACHES ONLINE CLASSES FOR HBU AND WORKS WITH STUDENTS PARTICIPATING IN THE SUMMER SPECIAL STUDY ABROAD CLASS IN OXFORD, ENGLAND. 63036 0 1 0 0 0 1 63036 0 63036 0 0 0 0 0 0 X X X X X X 0 SPIRIT OF EXCELLENCE GALA 627445 226000 401445 82594 38500 63158 GUILD SILVER TEA 130644 118438 12206 603 7945 5 59761 53072 6689 18480 8115 13208 817850 397510 420340 101677 46615 84311 232603 187737 0 SCHOLARSHIPS TO STUDENTS 2369 35516076 BOOK SCHOLARSHIPS X X X X X 1 1 X X X 0 1 0 0 0 0 0 0 0 ROBERT B SLOAN PRESIDENT 420449 0 0 0 0 0 0 110688 18047 0 438496 110688 0 0 SANDRA N MOONEY CHIEF FINANCIAL OFFICER 242196 0 0 0 0 0 0 0 7689 0 249885 0 0 0 JAMES L STEEN VP ENROLLMENT MGMT 205824 0 0 0 0 0 0 0 11156 0 216980 0 0 0 JEROME JOHNSTON VP FOR INNOVATION & STRATE 199020 0 0 0 0 0 0 0 4582 0 203602 0 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 202229 0 0 0 0 0 0 0 6382 0 208611 0 0 0 CYNTHIA SIMPSON INTERIM PROVOST/DEAN, GRAD 176022 0 0 0 0 0 0 0 4803 0 180825 0 0 0 CHARLES E BACARISSE VP DEVELOPMENT 168329 0 0 0 0 0 0 0 11258 0 179587 0 0 0 MICHAEL WEEKS DEAN, BUSINESS 175566 0 0 0 0 0 0 0 4803 0 180369 0 0 0 VICTOR D SHEALY COACH 152917 0 0 0 0 0 0 0 8606 0 161523 0 0 0 LEVON HAYRAPETYAN PROFESSOR 147795 0 0 0 0 0 0 0 4582 0 152377 0 0 0 PART I, LINE 1B PART 1B - ALL COMPENSATION RELATED TO THE UNIVERSITY PRESIDENT IS APPROVED BY THE GOVERNING BODY OF THE UNIVERSITY IN THE EMPLOYMENT CONTRACT PRIOR TO THESE BENEFITS BEING PROVIDED. PART I, LINE 4B DR. ROBERT SLOAN DEFERRED COMPENSATION OF $110,688 IN 409A PLAN A RED RIVER EDUCATION FINANCE CORPORATION 752791247 756870BE0 2017-01-31 55490418 1) REFINANCE SERIES 2007 CRAWFORD EDUCATION FACILITIES CORPORATION BONDS 0 0 0 A 44515000 55490418 5178550 848767 4948101 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 A 0 SCHEDULE K, PART I, BOND ISSUES: 2) REFINANCE OUTSTANDING NOTE 3) DEPOSIT TO DEBT SERVICE RESERVE PAUL SLOAN SON OF ROBERT SLOAN, PRESIDENT 34216 PAUL SLOAN IS AN ASSISTANT PROFESSOR OF THEOLOGY 0 X 1 300000 APPRAISAL FROM EXPERTS 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE UNIVERSITY IS PROVIDED WITH A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. THEY ARE ASKED TO REVIEW AND PROVIDE ANY FEEDBACK THAT THEY FEEL IS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C UNIVERSITY REVIEWS ALL ANNUALLY SUBMITTED FORMS AND FOLLOWS-UP WITH ANY MEMBER WHO STATES THAT THEY BELIEVE THEY MAY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 FOR THE UNIVERSITY'S PRESIDENT, THE BOARD UTILIZES AN EXTERNAL COMPENSATION ADVISORY REPORT FOR NON-PROFITS AND HIGHER-EDUCATION INSTITUTIONS IN ADDITION TO REVIEW OF THE COMPENSATION OF OTHER UNIVERSITIES AND DISCUSSION TO DETERMINE HOW THE UNIVERSITY'S PRESIDENT IS TO BE COMPENSATED. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE UNIVERSITY'S PRESIDENT UTILIZES OUTSIDE SURVEYS AND OTHER INFORMATION TO MAKE ANNUAL REVIEW AND NEW HIRE OFFER COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. BRADSHAW RECREATION CENTER INC 7502 FONDREN RD HOUSTON TX 77074 454183989 MANAGE BRADSHAW FITNESS CENTER TX 501(C)(3) LINE 5 HOUSTON BAPTIST UNIVERSITY 0 HB HOUSING PARTNERSHIP I LTD 7502 FONDREN RD HOUSTON TX 77074 760503221 APARTMENT RENTAL TX UNRELATED 0 0 BEECHNUT STREET INC 7502 FONDREN RD HOUSTON TX 77074 740292451 REAL ESTATE RENTAL TX HOUSTON BAPTIST UNIVERSITY C 1.00000 0 HB HOUSING CORPORATION 7502 FONDREN RD HOUSTON TX 77074 760503219 APARTMENT RENTAL TX BEECHNUT STREET INC C 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 BEECHNUT STREET INC J 33135 ACTUAL BEECHNUT STREET INC O 611813 ACTUAL HB HOUSING PARTNERSHIP J 48000 ACTUAL