2015-03-09T13:37:09-05:00 2014-05-31 752393478 WHITLEY PENN LLP 3411 RICHMOND AVE SUITE 500 HOUSTON TX 77046 990 2013-06-01 741193459 SCHREINER UNIVERSITY SCHR 8307927368 2100 MEMORIAL BLVD KERRVILLE TX 78028 BILL MUSE VICE PRESIDENT 8307927368 2015-03-03 1 CURTIS MAXFIELD P00445178 7136211515 2013 2016-02-25 16:41:14Z BILL MUSE 2100 MEMORIAL BLVD KERRVILLE TX 78028 34880669 0 X WWW.SCHREINER.EDU X 1923 TX SCHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. 35 35 768 123 0 0 5979671 7744491 24030993 26392892 126684 58481 253951 164816 30391299 34360680 2063462 2119130 0 0 12940980 14260351 0 0 1407282 11874558 12566322 26879000 28945803 3512299 5414877 119585824 133085331 17422867 21168942 102162957 111916389 X AS A UNIVERSITY COMMITTED TO THE LIBERAL ARTS AS FUNDAMENTAL TO EDUCATION AND COMMITTED TO ITS AFFILIATION WITH THE PRESBYTERIAN CHURCH (USA), SHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. SCHREINER IS DEDICATED PRIMARILY TO EDUCATE UNDERGRADUATE STUDENTS IN THE LIBERAL ARTS, SCIENCES, AND PROFESSIONAL DISCIPLINES, PREPARING THEM FOR ENTRY INTO SPECIFIC CAREERS AND GRADUATE OR PROFESSIONAL PROGRAMS. THE UNIVERSITY ALSO FULFILLS ITS MISSION THORUGH SELECTED GRADUATE, CERTIFICATE, AND OTHER PROFESSIONAL DEVELOPMENT PROGRAMS. SCHREINER UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS TO AWARD MASTERS, BACCALAUREATE AND ASSOCIATE DEGREES. THE UNIVERSITY ALSO HOLDS ACCREDITATION BY THE TEXAS BOARD OF VOCATIONAL NURSE EXAMINERS AND IS APPROVED BY THE STATE BOARD OF EDUCATOR CERTIFICATION (SEBC)FOR TEACHER CERTIFICATION. 0 0 12733288 16808194 INSTRUCTIONAL, STUDENT SERVICES, AND ACADEMIC SUPPORT: SCHREINER UNIVERSITY OFFERS UNDERGRADUATE DEGREES IN LIBERAL ARTS, SCIENCES AND MATHEMATICS, AND PROFESSIONAL STUDIES. THE UNIVERSITY ALSO HAS A GRADUATE PROGRAM FOR A MASTER OF EDUCATION DEGREE. 2119130 2119130 SCHREINER PROVIDED 1,376 STUDENTS WITH SCHOLARSHIPS AND GRANTS TO ASSIST WITH EARNING A DEGREE AT THE UNIVERSITY. 10030145 154582 THE UNIVERSITY PROVIDES HOUSING TO STUDENTS AND INSTITUTIONAL SUPPORT TO THE EDUCATIONAL DEPARTMENTS ON CAMPUS. 24882563 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 768 1 0 0 0 0 0 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BARBARA VON BRANDT-SIEMERS 8308965411 2100 MEMORIAL BLVD KERRVILLE TX 78028 JOHN BRANTLEY TRUSTEE 1.00 X 0 0 0 RICK CREE TRUSTEE 1.00 X 0 0 0 PAGE FOSHEE TRUSTEE 1.00 X 0 0 0 KARL RANSLEBEN TRUSTEE 1.00 X 0 0 0 JANE RAGSDALE TRUSTEE 1.00 X 0 0 0 WILLIAM REID TRUSTEE 1.00 X 0 0 0 ROBERT SCOTT TRUSTEE 1.00 X 0 0 0 STUART BASKIN TRUSTEE 1.00 X 0 0 0 PHILIP HERING TRUSTEE 1.00 X 0 0 0 WALTER WORKMAN TRUSTEE 1.00 X 0 0 0 JAMES ALSUP TRUSTEE 1.00 X 0 0 0 TOM BALDWIN TRUSTEE 1.00 X 0 0 0 SUSAN STEPHENS BROOKS TRUSTEE/BOARD VICE CHAIR 1.00 X X 0 0 0 GARY ALLEN CROZIER TRUSTEE 1.00 X 0 0 0 BILL HARRISON TRUSTEE 1.00 X 0 0 0 THOMAS WEIR LABATT III TRUSTEE/BOARD SECRETARY 1.00 X X 0 0 0 ISRAEL PENA TRUSTEE 1.00 X 0 0 0 BILL WILSON TRUSTEE 1.00 X 0 0 0 JAMES AVERY TRUSTEE 1.00 X 0 0 0 PETER BALDWIN TRUSTEE 1.00 X 0 0 0 ANNE COMPTON TRUSTEE 1.00 X 0 0 0 DEMMIE MAYFIELD TRUSTEE 1.00 X 0 0 0 NANCY PAUP TRUSTEE 1.00 X 0 0 0 MICHAEL PATE TRUSTEE/BOARD CHAIR 1.00 X X 0 0 0 MAX SHERMAN TRUSTEE 1.00 X 0 0 0 FRANK MARESH TRUSTEE 1.00 X 0 0 0 NICHOLAS SERAFY TRUSTEE 1.00 X 0 0 0 BRIAN SULLIVAN TRUSTEE 1.00 X 0 0 0 NANCY ANGUISH TRUSTEE 1.00 X 0 0 0 MARK CLEMENTS TRUSTEE 1.00 X 0 0 0 JANET MCKINNEY TRUSTEE 1.00 X 0 0 0 LEA NYE TRUSTEE 1.00 X 0 0 0 ROBERT PARKER TRUSTEE 1.00 X 0 0 0 DEAN POGUE TRUSTEE 1.00 X 0 0 0 RON TEFTELLER TRUSTEE 1.00 X 0 0 0 HENRY BENNING TRUSTEE 1.00 X 0 0 0 CARLOS CAMPOS TRUSTEE 1.00 X 0 0 0 GRANGER MACDONALD TRUSTEE 1.00 X 0 0 0 DAN OSTOS TRUSTEE 1.00 X 0 0 0 SUE CUMMINGS TRUSTEE 1.00 X 0 0 0 DAVID EVANS TRUSTEE 1.00 X 0 0 0 STEVE DANIELS TRUSTEE 1.00 X 0 0 0 STUART SLIVA TRUSTEE 1.00 X 0 0 0 J B COSKEY TRUSTEE 1.00 X 0 0 0 BILL MUSE VP ADMIN & FINANCE 40.00 X 141865 0 8842 TIM SUMMERLIN PRESIDENT 40.00 X 213173 0 13015 CHARLIE MCCORMICK VP ACADEMIC AFFAIRS/PROVOST 40.00 X 130392 0 8091 MARK TUSCHAK VP OF ADVANCEMENT 40.00 X 140219 0 8811 LARRY CANTU VP ENROLLMENT 40.00 X 89232 0 2876 CANDICE SCOTT ASSISTANT VP ACADEMIC AFFAIRS 40.00 X 102296 0 6137 KAREN KILGORE PLANNED GIVING ADVISOR 40.00 X 105394 0 6323 922571 0 54095 6 0 1 0 HUSER CONSTRUCTION 410 COTTON GIN LN KERRVILLE TX 78028 CONSTRUCTION 2723344 GLAHI TRUST 200 SOUTH WALKER STE 1000 CHICAGO IL 60606 INSURANCE 2034572 COMPASS GROUP 2400 YORKMONT ROAD CHARLOTTE NC 28217 CAFETERIA SERVICES 1872645 KPUB 10313 YOUNGER RD MIDLAND TX 79706 ADVERTISING 652176 CITY OF KERRVILLE 1012 WATER STREET KERRVILLE TX 78028 WATER AND SEWER SERVICES 335774 28 7744491 70999 7744491 TUITION AND FEES 611600 16808194 16808194 HOUSING AND MEALS 611710 6276509 6276509 ENDOWMENT INCOME-CURRENT OPERATIO 611710 2142115 2142115 OTHER INCOME 611710 1128934 1128934 MUSEUM & PRINT SHOP 611710 37140 37140 26392892 37464 37464 10234 0 10234 10234 10234 21017 0 21017 21017 21017 674571 519989 154582 154582 34360680 16962776 0 9653413 2119130 2119130 722891 225703 350332 146856 10540372 8862028 802502 875842 422314 348684 30760 42870 1836705 1435217 401488 738069 624083 42997 70989 15835 15835 67518 67518 324465 313506 10940 19 1801133 1495097 200381 105655 1246677 1246677 502313 475784 16453 10076 432539 319441 113098 3027195 3027195 362585 31695 330890 FOOD SERVICE 1697787 1697787 MISCELLANEOUS 900476 900476 REPAIRS, MAINT, EQUIP 774471 673220 66031 35220 COLLEGE SEAR, CAMPUS VI 515570 515570 897758 571270 206733 119755 28945803 24882563 2655958 1407282 2728331 6705075 1982194 3079884 752616 743683 166709 292805 765666 97084118 37529486 54313611 59554632 57428579 58264892 1920979 3971499 119585824 133085331 1620977 1970155 35186 2468621 13678000 15665132 750000 656250 1338704 408784 17422867 21168942 X 53610597 56491768 12053835 17647941 36498525 37776680 102162957 111916389 119585824 133085331 5414877 4338555 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57722209 656061 6213160 2551167 62040263 50427035 1647285 8022899 2375010 57722209 50936102 365386 -874453 50427035 48899031 243330 1033340 -760401 50936102 40578859 230625 758131 -7331416 48899031 0.24590 0.61230 0.14180 0 0 1093508 1093508 54552896 37529486 17023410 16593386 16593386 24844328 24844328 59554632 ASSET RETIREMENT OBLIGATION 206339 CAPITAL LEASE OBLIGATION 202445 408784 X 37100094 4338555 -2119130 2219425 34880669 -519989 -519989 34360680 27346661 519989 519989 26826672 2119131 2119131 28945803 PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAD NO SOURCES OF UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX. IN ADDITION, THE IRS HAS DETERMINED THAT THE UNIVERSITY IS NOT A PRIVATE FOUNDATION. HOWEVER, THE UNIVERSITY MAY BE SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME THAT IS DERIVED FROM ACTIVITIES NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE UNIVERSITY HAS ELECTED TO RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF THEY OCCUR, AS A COMPONENT OF INCOME TAX EXPENSE. MANAGEMENT BELIEVES THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF MAY 31, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION -2,119,130. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION -519,989. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION 519,989. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION 2,119,131. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 SCHOLARSHIPS TO STUDENTS 1376 2119130 N/A N/A PART I, LINE 2 THE UNIVERSITY PROVIDES SCHOLARSHIP, GRANT, LOAN AND WORK STUDY OPPORTUNITIES TO QUALIFIED STUDENTS. THESE FUNDS ARE OFFERED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. EACH PROGRAM HAS DIFFERENT CRITERIA AND EACH CASE IS CONSIDERED SEPARATELY. THERE IS A WRITTEN POLICY AND GUIDELINES TO ASSIST STUDENTS AS THEY SEEK THE APPROPRIATE FINANCIAL AID PACKAGE. RECORDS ARE MAINTAINED FOR THE GRANTS AWARDED. X 0 0 0 0 0 0 0 0 0 BILL MUSE VP ADMIN & FINANCE 141865 0 0 0 0 0 0 0 8842 0 150707 0 0 0 TIM SUMMERLIN PRESIDENT 213173 0 0 0 0 0 13015 0 0 0 226188 0 0 0 A THE CITY OF TERELL HILLS 521830729 2010-11-04 15660000 REFUNDING BONDS 0 0 0 B THE CITY OF HOUDO 463435250 2013-08-20 2500000 CAPITAL EXPENDITURES 0 0 0 A 15660000 227732 4384499 1 0 1 1 B 2500000 50000 2450000 0 0 1 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 A 0 B 0 X 4 70999 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE CPA FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE FORM AND ALL SUPPORTING SCHEDULES ARE REVIEWED BY THE CONTROLLER AND OTHER OFFICERS OF THE UNIVERSITY. THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE FINANCE COMMITTEE VIA EMAIL. ONCE APPROVED THE RETURN IS FILED ELECTRONICALLY PER IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES, VOLUNTEERS AND BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST DISCLOSURE FORM EVERY YEAR. NEW VENDORS ARE ADDED AFTER THE REQUESTING EMPLOYEE HAS AFFIRMED THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE BYLAWS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE IN THE FINANCIAL SERVICES OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.