2018-03-07T15:49:18-08:00 2017-06-30 Hoskins & Company PC 1900 Church Street Suite 200 Nashville TN 37203 990 2016-07-01 620570060 LANE COLLEGE LANE 7314267539 545 LANE AVENUE JACKSON TN 38301 DARRYL MCGEE INTERIM CFO 2018-03-07 true HARVEY E HOSKINS P00290898 6153217333 2016 2021-01-29 14:40:06Z 27375557 false false X http://www.lanecollege.edu/ X 1909 TN LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. 26 23 424 0 4149594 4680555 20175639 22016705 115414 178197 181677 500100 24622324 27375557 1806541 2939857 0 9781995 10951743 0 53346 12773160 13607951 24361696 27499551 260628 -123994 58371306 57880441 28372728 27558228 29998578 30322213 LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. false false 23899159 LANE COLLEGE IS AN INSTITUTE OF HIGHER EDUCATION AND PROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATING STUDENTS. 23899159 true true false false false false false false false false true true false true true false false false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false true 46 0 false 424 true false false false false false false false false 0 false false false false false false false false false false X 26 23 false false false false false false false true true false false true true true true false false true true false X X DARRYL MCGEE 7314267539 545 LANE AVENUE JACKSON TN 38301 Dr Logan Hampton President 60.00 0.00 X X 313800 0 0 Bishop Marvin F Thomas Vice Chair 5.00 0.00 X X 0 0 0 Attorney Charles E Carpenter Secretary 5.00 0.00 X 0 0 0 Mr John T Greene Trustee 5.00 0.00 X 0 0 0 Mr Harold Byrd Trustee 5.00 0.00 X 0 0 0 Dr Bryan L Champion Trustee 5.00 0.00 X 0 0 0 Dr Tyrone Davis Trustee 5.00 0.00 X 0 0 0 Ms Tisa Day Trustee 5.00 0.00 X 0 0 0 Rev Dr Ronald Powe Trustee 5.00 0.00 X 0 0 0 Dr Jerry D Woodfork Sr Trustee 5.00 0.00 X 0 0 0 Ms Jesse N Carpenter Trustee 5.00 0.00 X 0 0 0 DrCarmichael Crutchfield Trustee 5.00 0.00 X 0 0 0 Attorney Teresa Jones Director 5.00 0.00 X 0 0 0 Dr Phedonia J Johnson Trustee 5.00 0.00 X 0 0 0 Dr Warner Dickerson Trustee 5.00 0.00 X 0 0 0 Bishop William H Graves Trustee 5.00 0.00 X 0 0 0 Rev William Gant Trustee 5.00 0.00 X 0 0 0 Dr Keith H Taylor Trustee 5.00 0.00 X 0 0 0 Rev Peris Lester Trustee 5.00 0.00 X 0 0 0 Dr Tequila Harris Trustee 5.00 0.00 X 0 0 0 Mr Manuel Twillie Trustee 5.00 0.00 X 0 0 0 Mr Braylin Laster Student Rep 5.00 0.00 X 0 0 0 Dr Mose Y Brooks Hooks Trustee 5.00 0.00 X 0 0 0 Professor Cassandra Owens Faculty Rep 5.00 0.00 X 0 0 0 Bishop Henry Williamson Chairman 5.00 0.00 X X 0 0 0 MrJesse J Tyson Trustee 5.00 0.00 X 0 0 0 DERRICK BURROUGHS ATHLETIC DIRECTOR 50.00 0.00 X 101000 0 0 Moses Goldmon 50.00 0.00 X 121734 0 0 536534 3 false true false Industrial One Source PO Box 10277 JACKSON TN 38308 Cleaning Service 696000 Team Clean PO Box 10277 Jackson TN 38308 Cleaning Service 568000 Sysco 4359 BF Goodrich Blvd Memphis TN 38118 Food Service 412803 American Express 1801 NW 66th Ave STE 103C Platation FL 33313 Merchant Services 334760 Performance Food 506 Hwy 35 North Batesville MS 38606 Food Service 399363 5 3293487 1387068 4680555 Auxiliary Enterprises 611710 7034853 7034853 Student tuition and fees 611710 14981852 14981852 22016705 178197 178197 0 0 0 0 0 0 0 Indirect Cost Reimb. 611710 17214 17214 OTHER SERVICES 611710 482886 482886 500100 27375557 22516805 178197 X 0 2939857 2939857 0 0 313800 91002 169452 53346 0 9179996 7629947 1550049 0 774973 620227 154746 682974 545341 137633 0 0 464309 464309 0 0 0 2872415 2381134 491281 0 0 0 0 0 723868 622072 101796 0 0 1217674 1217674 0 1753146 1753146 515212 515212 Utilities 1400789 1391053 9736 Equipment Rental & Maintenance 951551 639899 311652 Purchase for Resale 891474 891474 Supplies 730355 500668 229687 2087158 1696144 391014 27499551 23899159 3547046 53346 2224021 1409802 0 3132146 2233916 858370 2496421 0 0 0 228452 159378 185131 270077 67834262 27862826 41096306 39971436 0 4366182 5124976 0 0 6280698 6214435 58371306 57880441 1573651 1799365 60796 133373 26681222 25553306 57059 72184 28372728 27558228 X 27209060 27235444 916898 1034241 1872620 2052528 29998578 30322213 58371306 57880441 -123994 447629 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 823947 823947 51245858 16362823 34883035 2260959 926588 1334371 13503498 10573415 2930083 39971436 5124976 Art Collection 25605 Cash Value of Life Insurance 16284 Deposits 26000 Loan Escrow Deposits 1162758 loan Financing Cost 1884584 Real Estate 318592 Restricted Deposits & Funded Reserves 2780611 Rounding 1 6214435 Deposit & Other Liabilities 70556 Deposit held in custody for others 1628 72184 27375557 27375557 27375557 27499551 27499551 27499551 Part V, Line 4: Intended uses of the endowment fund. Provide Scholarships. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true 0 0 STUDENT ASSISTANCE 405 2939857 Grantmaker's Description of How Grants are Used THE COLLEGE HAS A VERY EXTENSIVE APPLICATION FOR FINANCIAL AID WHICH IS CONSISTENTLY MONITORED AND SUBJECTED TO EXTERNAL AUDITS. X true true X X X false false false false false false false false false false Dr Logan Hampton President 313800 313800 Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Line 11b: Form 990 Review Process Reviewed by Audit and Finance Committee. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon Request.