2018-05-15T13:17:01-05:00 2017-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2016-07-01 610444788 UNIVERSITY OF PIKEVILLE UNIV 6062185250 147 SYCAMORE STREET PIKEVILLE KY 41501 BARRY BENTLEY CFO 6062185250 2018-05-15 1 LEIGH MCKEE P00169845 8592552341 2016 2022-09-23 18:48:47Z DR BURTON WEBB 147 SYCAMORE STREET PIKEVILLE KY 41501 58165017 0 X WWW.UPIKE.EDU X 1889 KY UNDERGRADUATE AND OSTEOPATHIC MEDICAL EDUCATION OF STUDENTS PRIMARILY FROM APPALACHIA. 31 30 929 41 0 0 4329003 5073543 50098305 51998136 793514 912613 874023 180725 56094845 58165017 12933144 11544521 0 0 22143378 24431877 0 0 867914 21185339 23278932 56261861 59255330 -167016 -1090313 142065538 159865077 92519492 109526897 49546046 50338180 X LOCATED IN THE HEART OF CENTRAL APPALACHIA, THE UNIVERSITY OF PIKEVILLE WAS FOUNDED BY MISSIONARIES IN 1889 TO EDUCATE THE "YOUTH OF THE MOUNTAINS."WITH CONSECUTIVE RECORD ENROLLMENTS, THE UNIVERSITY, OR UPIKE, IS ONE OF THE FASTEST GROWING FOUR-YEAR INSTITUTIONS IN THE SOUTH. THE COLLEGE OF ARTS AND SCIENCES, THE COLEMAN COLLEGE OF BUSINESS AND THE KENTUCKY COLLEGE OF OSTEOPATHIC MEDICINE PROVIDE EDUCATIONAL OPPORTUNITIES TO MORE THAN 2,000 STUDENTS FROM 41 STATES AND 17 COUNTRIES. FORTY-SIX PERCENT OF OUR UNDERGRADUATE STUDENTS ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE. ALMOST ALL RECEIVE SOME FORM OF FINANCIAL AID. OUR 125-YEAR HISTORY IS BUILT ON FAITH, A COMMITMENT TO STUDENT LEARNING AND SERVICE TO THE REGION. WE ARE AN OPPORTUNITY SCHOOL, PROVIDING A QUALITY, AFFORDABLE EDUCATION, MENTORING AND SUPPORT TO A DIVERSE COMMUNITY OF LEARNERS. AS A CAMPUS FAMILY, OUR MISSION HAS A SPECIAL SIGNIFICANCE. WE BELIEVE IN IT. WE LIVE IT. 0 0 28509792 11544521 46433059 INSTRUCTIONAL - INCLUDES ALL ACTIVITIES THAT ARE PART OF THE INSTITUTION'S PRIMARY MISSION.SINCE OUR FOUNDING, MORE THAN 13,000 UPIKE ALUMNI HAVE GONE ON TO BECOME LEADERS IN BUSINESS, EDUCATION, LAW, NURSING AND MANY OTHER FIELDS, INCLUDING MEDICINE.THE UNIVERSITY OF PIKEVILLE OFFERS AN OUTSTANDING LIBERAL-ARTS BASED EDUCATION WITH 26 BACHELOR DEGREE PROGRAMS, NINE PRE-PROFESSIONAL PROGRAMS AND THREE GRADUATE PROGRAMS, INCLUDING A MASTER OF BUSINESS ADMINISTRATION, A MASTER'S DEGREE IN SPORT MANAGEMENT AND A DOCTOR OF OSTEOPATHIC MEDICINE DEGREE (D.O.). STUDY ABROAD, EXPERIENTIAL AND SERVICE LEARNING AND ATHLETIC OPPORTUNITIES ARE CENTRAL TO THE UPIKE EXPERIENCE AND STUDENT SUCCESS.FROM OUR FACULTY AND STAFF - WHO ARE THE HEART OF THE INSTITUTION - TO OUR BOARD OF TRUSTEES, ALUMNI AND FRIENDS, WE STAND TOGETHER IN CHARTING THE COURSE AS THE LEADING UNIVERSITY OF CENTRAL APPALACHIA. 4988025 5319809 AUXILIARY ENTERPRISES - FOOD SERVICE, STUDENT, BOOKSTORE, AND PUBLIC SERVICE. 13658238 411013 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES FUNDS FOR OFFICES OF ADMISSIONS AND REGISTRAR WHOSE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENT ENROLLMENT AND CLASS SCHEDULES. STUDENT SERVICES CONTRIBUTE TO THE EMOTIONAL AND PHYSICAL WELL-BEING OF THE STUDENTS. 47156055 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 203 0 1 929 1 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X THE ORGANIZATION 6062185250 147 SYCAMORE STREET PIKEVILLE KY 41501 TERRY L DOTSON CHAIRMAN 10.00 X 0 0 0 M LYNN PARRISH VICE CHAIRMAN 2.00 X 0 0 0 DANIEL P STRATTON SECRETARY 2.00 X 0 0 0 WILLIAM J BAIRD III TRUSTEE 2.00 X 0 0 0 NANCY HORN BARKER TRUSTEE 2.00 X 0 0 0 JAMES H BOOTH TRUSTEE 2.00 X 0 0 0 JAMIE S BOWLING TRUSTEE 2.00 X 0 0 0 DONALD F CECIL TRUSTEE 2.00 X 0 0 0 JERALD F COMBS OD TRUSTEE 2.00 X 0 0 0 SHERRI MILLER CRAIG TRUSTEE 2.00 X 0 0 0 HARDING E DAWAHARE TRUSTEE 2.00 X 0 0 0 LINDA SCOTT DEROSIER TRUSTEE 2.00 X 0 0 0 JOE E ELLIS OD TRUSTEE 2.00 X 0 0 0 HE MIKE GARDNER JR TRUSTEE 2.00 X 0 0 0 W ALLEN GILLUM TRUSTEE 2.00 X 0 0 0 JEAN R HALE TRUSTEE 2.00 X 0 0 0 GREGORY V HAZELETT DO TRUSTEE 2.00 X 0 0 0 BOB M HUTCHISON TRUSTEE 2.00 X 0 0 0 JODY JOHNSON DO TRUSTEE 2.00 X 0 0 0 MARTIN S LEVINE DO TRUSTEE 2.00 X 0 0 0 WILLIAM P MALONE TRUSTEE 2.00 X 0 0 0 RONALD G MCCOY OD TRUSTEE 2.00 X 0 0 0 GREGORY G PAULEY TRUSTEE 2.00 X 0 0 0 REED D POTTER JR TRUSTEE 2.00 X 0 0 0 RICHARD A STURGILL TRUSTEE 2.00 X 0 0 0 E BRUCE WALTERS II TRUSTEE 2.00 X 0 0 0 JED WEINBERG TRUSTEE 2.00 X 0 0 0 GREG WELLS TRUSTEE 2.00 X 0 0 0 GREGORY A WILSON TRUSTEE 2.00 X 0 0 0 SHANNON WRIGHT TRUSTEE 2.00 X 0 0 0 BURTON J WEBB PRESIDENT 40.00 X X 300000 0 24568 BARRY BENTLEY VP OF FINANCE & BUSINESS AFFAIRS 40.00 X 95798 0 10308 DAVID HUTCHENS VP FOR ADVANCEMENT 40.00 X 173945 0 25546 BOYD R BUSER VP/DEAN OF KYCOM 40.00 X 358215 0 28369 ANDREW BUZZELLI VP/DEAN OF KYCO 40.00 X 326018 0 19298 LOREDANA WERTH PROVOST 40.00 X 100429 0 12020 WILLIAM BETZ SR. ASSOC DEAN OF OSTEOPATHIC MEDICINE 40.00 X 282825 0 19529 DANA SHAFFER SR. ASSOC DEAN OF OSTEOPATHIC MEDICINE 40.00 X 249404 0 27345 JOSHUA CRUM ASSOC DEAN OF CLINICAL AFFAIRS 40.00 X 229532 0 27477 LAURA GRIFFIN ASST DEAN OF OP&P INTEGRATION 40.00 X 222634 0 20885 EDWARD STILES PROFESSOR OP & P 40.00 X 207551 0 24438 2546351 0 239783 34 0 1 0 CODELL CONSTRUCTION 4475 ROCKWELL RD WINCHESTER KY 40391 CONSTRUCTION 19405780 ARAMARK MANAGEMENT SERVICES PO BOX 198532 ATLANTA GA 30384 FACILITIES MNGT & FOOD SERVICE 2786212 STATE ELECTRIC SUPPLY CO 122 JOHNSON STREET PIKEVILLE KY 41501 CONSTRUCTION 1657752 TRIVERS ASSOCIATES 100 NORTH BROADWAY 1800 ST LOUIS MO 63102 ARCHITECT DESIGN 589284 PREMIUM CONTRACTING 369 INDUSTRIAL DR PIKEVILLE KY 41501 CONSTRUCTION 484050 26 3226084 1847459 64744 5073543 TUITION & FEES 611310 46433059 46433059 AUXILIARY SERVICES 611310 5319809 5319809 FINES & OTHER CHARGES 611310 181727 181727 SALES & SERVICES 611310 63541 63541 51998136 912613 912613 14980 0 14980 14980 14980 MISCELLANEOUS 611310 763649 763649 PCSOM REAL ESTATE LLC 900099 -597904 -597904 165745 58165017 52163881 0 927593 11544521 11544521 1679746 1679746 18638209 17190797 923125 524287 1070167 883264 153355 33548 1681573 1138908 495111 47554 1362182 1149670 178150 34362 270578 270578 115306 115306 645276 611901 24375 9000 214818 46958 159927 7933 182973 78270 48196 56507 2232373 1827897 396971 7505 1426874 1241986 107179 77709 1155705 1155705 1520498 1376776 137275 6447 1010569 596588 413981 CONTRACTED SERVICES 3317204 3197093 114161 5950 MATERIALS & SUPPLIES 3242910 2686545 534975 21390 LEASE EXPENSE 2191811 177192 2014555 64 FACILITIES MANAGEMENT 1485944 1345488 134156 6300 4266093 2062201 2174534 29358 59255330 47156055 11231361 867914 22662429 1972196 4691873 6439202 1539561 1246881 27505562 34366395 2250160 470579 109769716 25316805 53440060 84452911 22567978 24119819 312193 306777 7095722 6490317 142065538 159865077 4790897 8401044 737510 5516802 84498793 876839 90990633 1615453 4618418 92519492 109526897 X 27097999 26946851 9480445 9995769 12967602 13395560 49546046 50338180 142065538 159865077 X -1090313 947694 934753 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20548584 560817 2257293 443809 298779 115306 22508800 21038837 138868 134377 592233 65987 105278 20548584 21054532 610339 153083 680177 98940 21038837 18380758 1003183 2422763 653232 98940 21054532 17624352 393972 1130165 716977 50754 18380758 0.05290 0.59520 0.35190 1 0 1325609 1325609 42662192 9959696 32702496 12061000 2815699 9245301 53720915 12541410 41179505 84452911 ANNUITY LIABILITIES 8433 SHORT TERM NOTES PAYABLE 5000000 ADVANCE FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 472562 DUE TO RELATED PARTIES -862577 4618418 PART V, LINE 4: THE ENDOWMENT IS A POOL OF ASSETS THAT, AS DIRECTED BY RESTRICTIONS OF DONORS (PERMANENT ENDOWMENT) OR DECISIONS OF THE BOARD OF TRUSTEES (QUASI ENDOWMENT), IS TO BE HELD IN PERPETUITY FOR THE BENEFIT OF THE UNIVERSITY AND ITS ONGOING PROGRAMS. A KEY PART OF THE UNIVERSITY'S LONG-TERM FINANCIAL STRATEGY IS TO DEVELOP AND MAINTAIN A COMPETITIVE ADVANTAGE IN ITS CAPITAL BASE, IN PARTICULAR THE ENDOWMENT. THE BOARD STRIVES TO MEET THE CURRENT FINANCIAL NEEDS OF THE UNIVERSITY AND TO SUPPORT CURRENT OPERATIONS WITH THE LONG TERM GOAL OF DEVELOPING AND MAINTAINING A STRATEGIC ADVANTAGE COMPARED TO INSTITUTIONS WITH WHICH THE UNIVERSITY COMPETES FOR STUDENTS AND FACULTY. IN PARTICULAR, THE CONTINUED GROWTH OF THE ENDOWMENT IS THE UNIVERSITY'S STRONGEST COMPETITIVE ADVANTAGE TO FUND SCHOLARSHIPS AND FINANCIAL AID ESSENTIAL TO ATTRACT THE MOST TALENTED PROSPECTIVE STUDENTS. 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 PRINTED IN THE UNIVERSITY HANDBOOK. EVERY STUDENT RECEIVES A COPY DURING REGISTRATION. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES NO DIRECT ASSISTANCE OR FINANCIAL AID FROM THE GOVERNMENT, HOWEVER THE UNIVERSITY DOES ACT AS A FIDUCIARY BETWEEN GOVERNMENT AGENCIES AND THE STUDENTS IT SERVES. ALL FINANCIAL AID RECEIVED BY THE UNIVERSITY IS ON BEHALF OF INDIVIDUAL STUDENTS. 1 INSTITUTIONAL SCHOLARSHIPS 2414 11544521 PART I, LINE 2: UNIVERSITY OF PIKEVILLE MONITORS THE USE OF GRANT FUNDS BY ENTERING EACH STUDENT AND THEIR INSTITUTIONAL SCHOLARSHIP ON THE UNIVERSITY'S ACCOUNTING SOFTWARE, DATATEL. SCHOLARSHIPS ARE GRANTED BASED ON CRITERIA SET FORTH BY THE UNIVERSITY ADMINISTRATION AND FINANCIAL AID OFFICE. X X X 0 0 0 0 0 0 0 0 0 BURTON J WEBB PRESIDENT 300000 0 0 0 0 0 13125 0 11443 0 324568 0 0 0 DAVID HUTCHENS VP FOR ADVANCEMENT 173945 0 0 0 0 0 12649 0 12897 0 199491 0 0 0 BOYD R BUSER VP/DEAN OF KYCOM 358215 0 0 0 0 0 18550 0 9819 0 386584 0 0 0 ANDREW BUZZELLI VP/DEAN OF KYCO 326018 0 0 0 0 0 18550 0 748 0 345316 0 0 0 WILLIAM BETZ SR. ASSOC DEAN OF OSTEOPATHIC MEDICI 282825 0 0 0 0 0 18550 0 979 0 302354 0 0 0 DANA SHAFFER SR. ASSOC DEAN OF OSTEOPATHIC MEDICI 249404 0 0 0 0 0 17458 0 9887 0 276749 0 0 0 JOSHUA CRUM ASSOC DEAN OF CLINICAL AFFAIRS 229532 0 0 0 0 0 16046 0 11431 0 257009 0 0 0 LAURA GRIFFIN ASST DEAN OF OP&P INTEGRATION 222634 0 0 0 0 0 15584 0 5301 0 243519 0 0 0 EDWARD STILES PROFESSOR OP & P 207551 0 0 0 0 0 14258 0 10180 0 231989 0 0 0 X 7891 FMV X EQUIPMENT 1 19940 FMV X SUPPLIES 1 18500 FMV X PIANO 1 5450 FMV X TOOLS & EQUIPMENT 3 5008 FMV X MEALS 14 2072 FMV X SPORTS EQUIPMENT 2 1950 FMV X PLAQUE 1 1353 FMV X GIFT CARDS 8 1290 FMV X ACCESSORIES 2 700 FMV X DENTAL 1 250 FMV X TROPHIES 12 200 FMV X ENTERTAINMENT 1 140 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE COMPLETED, THE FORM 990 IS REVIEWED BY THE BUSINESS AFFAIRS COMMITTEE WHICH THEN RECOMMENDS APPROVAL BY THE FULL BOARD. IF APPROVAL IS REQUIRED BETWEEN REGULARLY SCHEDULED BOARD MEETINGS, THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL MEMBERS WHO THEN ACKNOWLEDGE ACCEPTANCE BY RETURN EMAIL. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO CONSUMMATING A TRANSACTION OR ACTING UPON A MATTER INVOLVING THE POSSIBLE EXISTENCE OF A DUALITY OR CONFLICT OF INTEREST, THE INDIVIDUAL INVOLVED SHALL MAKE A FULL DISCLOSURE OF ALL RELEVANT FACTS. IN THE CASE OF THE PRESIDENT OF THE UNIVERSITY, SUCH DISCLOSURE WILL BE MADE TO THE CHAIRMAN OF THE BOARD OF TRUSTEES. DISCLOSURE SHALL BE MADE TO THE HUMAN RESOURCES DEPARTMENT BY OTHER EMPLOYEES WITH EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES. IN ADDITION, SUCH INDIVIDUALS SHALL PERIODICALLY REPORT IN A SIMILAR MANNER ALL AFFILIATIONS, WHETHER AS AN OWNER, DIRECTOR, OFFICER, PARTNER, MANAGEMENT EMPLOYEE, CONSULTANT OR OTHER SIGNIFICANT RELATIONSHIP INVOLVING OWNERSHIP OR GOVERNANCE, WITH ANY OTHER FOR-PROFIT OR NON-PROFIT ENTITY, (I) FROM WHICH THE UNIVERSITY OBTAINS OR MAY BE EXPECTED TO OBTAIN GOODS OR SERVICES; (II) TO WHICH THE UNIVERSITY PROVIDES OR MAY BE EXPECTED TO PROVIDE GOODS OR SERVICES; OR (III) WHICH COMPETES OR MAY BE EXPECTED TO COMPETE IN ANY RESPECT WITH THE UNIVERSITY. ANY SUCH EXISTING OR POTENTIAL RELATIONSHIP WITH A SUBSIDIARY, JOINT VENTURE OR THE LIKE SHOULD BE DISCLOSED AS WELL. THE TERM "GOODS OR SERVICES" INCLUDES COMMERCIAL, INDUSTRIAL, BANKING AND PROFESSIONAL SERVICES OR GOODS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE PERFORMANCE OF THE PRESIDENT ANNUALLY AND RECOMMENDS ANY CHANGES IN HIS COMPENSATION. TYPICALLY THEY REVIEW EXECUTIVE COMPENSATION STUDIES FROM SOURCES LIKE THE KENTUCKY COUNCIL ON POST-SECONDARY EDUCATION (CPE), CUPA-HR AND YAFFE. THE BOARDS ACTS ON THE RECOMMENDATIONS OF THE EXECUTIVE COMMITTEE BY RESOLUTION. KEY EMPLOYEES COMPENSATION IS SET UPON REVIEW OF SIMILAR STUDIES AND APPROVED BY THE BOARD AS A PART OF THE PRESIDENT'S RECOMMENDED ANNUAL BUDGET. IN ADDITION TO THE ABOVE MENTIONED STUDIES, THE COLLEGE OF OSTEOPATHIC MEDICINE REVIEWS SPECIFIC SALARY STUDIES RELATED TO MEDICAL EDUCATION IN SETTING PROFESSIONAL COMPENSATION. THESE COMPENSATION LEVELS ARE ALSO APPROVED BY THE BOARD IN APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 18 UNIVERSITY OF PIKEVILLE IS A PRIVATE INSTITUTION, AND AS SUCH, THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ONLY MADE AVAILABLE TO UNIVERSITY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FORM 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ANNUITY LIABLITY ADJUSTMENT -137. CHANGE IN INTEREST IN ASSETS HELD BY OTHERS 336,986. PCSOM LLC 597,904. FORM 990, PART XII, LINE 2C: THE PROCESSES FOR SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT HAVE NOT CHANGED DURING THE TAX YEAR. PCSOM REAL ESTATE LLC 147 SYCAMORE STREET PIKEVILLE KY 41051 CONSTRUCT AND OWN AN EDUCATIONAL BUILDING KY UNIVERSITY OF PIKEVILLE RELATED -597904 35183854 0 1 0.90000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 PCSOM REAL ESTATE LLC K 1857090 FMV