2016-01-11T08:05:32-08:00 2015-06-30 Hoskins & Company PC 1900 Church Street Suite 200 Nashville TN 37203 990 2014-07-01 620570060 LANE COLLEGE LANE 7314267539 545 LANE AVENUE JACKSON TN 38301 MELVIN HAMLETT CFO 2016-01-11 true Harvey E Hoskins CPA P00290898 6153217333 2014 2016-04-25 22:37:26Z 24210714 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. 21 21 298 0 4988398 6295118 19982642 17554596 371761 115533 295797 245467 25638598 24210714 899035 940229 0 12224305 11116637 0 20294 12485419 11406503 25608759 23463369 29839 747345 58727242 58934273 28762808 28222494 29964434 30711779 LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. false false 19760277 940229 17800063 LANE COLLEGE IS AN INSTITUTE OF HIGHER EDUCATION AND PROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATING STUDENTS. 19760277 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 false 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 298 true false false false false false false false false 0 false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true false false true true false X X MELVIN HAMLETT 7314267539 545 LANE AVENUE JACKSON TN 38301 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 Bishop Thomas L Brown SR Vice Chariman 5.00 0.00 X 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 William E George Director 5.00 0.00 X 0 0 0 Dr Tequila Harris Trustee 5.00 0.00 X 0 0 0 Dr Mose Y Brooks Hooks Trustee 5.00 0.00 X 0 0 0 Dr Satish Mahajan Faculty Rep 5.00 0.00 X 0 0 0 Ms Morgan Moore Student Rep 5.00 0.00 X 0 0 0 Bishop Henry Williamson Chairman 5.00 0.00 X X 0 0 0 Rev Charles E Winfrey Jr Secretary 5.00 0.00 X X 0 0 0 MrJesse J Tyson Trustee 5.00 0.00 X 0 0 0 DR Logan Hampton President 50.00 0.00 X 119375 0 0 119375 1 false false false INDUSTRIAL ONE SOURCE 1 SOURCE PO BOX 10277 JACKSON TN 38308 CLEANING SERVICES 1612680 GOURMET SERVICES 82 PIEDMONT AVENUE ATLANTA GA 30303 FOOD SERVICES 1449658 AMERICAN EXPRESS 1801 NW 66TH AVE STE 103C BROWNSVILLE TN 38012 SERVICES 134818 LAWRENCE SERVICE 245 PRESTON STREET JACKSON TN 38301 SERVICES 133799 THREE RIVERS SYSTEM INC PO BOX 78609 ST LOUIS MO 63178 SERVICES 452049 5 3760725 2534393 6295118 Auxiliary Enterprises 611710 5024072 5024072 Student tuition and fees 611710 12530524 12530524 17554596 115533 115533 0 0 0 0 0 0 0 Indirect Cost Reimb. 611710 40440 40440 Non-operating income 611710 -99379 -99379 OTHER SERVICES 611710 304406 304406 245467 24210714 17800063 115533 X 0 940229 940229 0 0 119375 34619 64462 20294 0 9283040 7647450 1635590 0 1032152 881747 150405 682070 555472 126598 92738 92738 0 0 0 0 0 4162074 3954255 207819 0 0 0 0 0 366805 322655 44150 0 0 1242294 1242294 0 1606291 1606291 0 UTILITIES 1070194 1065465 4729 Insurance, licenses, and taxes 754362 754362 Bad debts 364315 364315 Supplies 337368 279719 57649 1410062 1353698 56364 23463369 19760277 3682798 20294 5283305 3843472 0 716410 2101194 531479 682703 0 0 58054 106366 191841 167485 655474 281001 65674887 24389383 41111783 41285504 0 4290757 4335822 0 0 5888139 6130726 58727242 58934273 1335224 1334555 31136 3926 27362203 26783513 34245 100500 28762808 28222494 X 27395300 28178829 908014 913532 1661120 1619418 29964434 30711779 58727242 58934273 747345 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 823947 823947 49757665 14115670 35641995 2217993 704118 1513875 12875282 9569595 3305687 41285504 4335822 ART COLLECTION 5000 Cash Value of Life Insurance 17388 Deposits 26000 Loan Escrow Deposits 1244440 loan Financing Cost 2048463 Notes Receivables Real Estate 318592 Restricted Deposits & funded Reserves 2470843 6130726 Deposit & Other Liabilities 98872 Deposit held in custody for others 1628 100500 24210714 24210714 24210714 23463369 23463369 23463369 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 1374 940229 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. 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.