2015-04-15T14:24:57-05:00 2014-05-31 741699466 FITTS ROBERTS & CO PC 5718 WESTHEIMER SUITE 800 HOUSTON TX 77057 990 2013-06-01 741400699 HOUSTON BAPTIST UNIVERSITY HOUS 2816493000 7502 FONDREN RD HOUSTON TX 77074 LOREE WATSON ASSOCIATE VP FINANCIAL OPER 2816493000 2015-04-15 1 ROSE KAY PARKER CPA P00177405 7132605230 2015-04-15 2013 2016-02-25 16:41:14Z DR ROBERT B SLOAN JR 7502 FONDREN RD HOUSTON TX 77074 102568538 0 X WWW.HBU.EDU X 1960 TX TO PROVIDE INSTRUCTIONS FOR APPROXIMATELY 2,800 STUDENTS IN UNDERGRADUATE AND GRADUATE COURSES 34 34 1076 1250 -7147 -7147 16202598 7642847 61002533 69783113 3924700 5205335 3885069 5274803 85014900 87906098 24931590 29170275 0 0 27154642 28575406 209850 15833 925603 22495760 22785431 74791842 80546945 10223058 7359153 219444642 231870427 77012612 79464101 142432030 152406326 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 53954282 29170275 79179414 PROVIDES INSTRUCTION FOR APPROXIMATELY 2,800 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES. 53954282 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 1 1 1 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 208 0 1 1076 1 1 1 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X X SANDRA N MOONEY CPA VP FINANCIAL OPERATIONS 2816493000 7502 FONDREN RD HOUSTON TX 77074 MARK AMMERMAN TRUSTEE 0.00 X 0 0 0 KANDY BRITTAIN TRUSTEE 0.00 X 0 0 0 DAVID BROOKS TRUSTEE 0.00 X 0 0 0 MADELINE COLLIER TRUSTEE 0.00 X 0 0 0 RAY COX JR TRUSTEE 0.00 X 0 0 0 MARK DENISON TRUSTEE 0.00 X 0 0 0 DAVID FLEMING TRUSTEE 0.00 X 0 0 0 WILLIAM FLORES TRUSTEE 0.00 X 0 0 0 OMAR GARCIA TRUSTEE 0.00 X 0 0 0 JOHN GIBSON JR TRUSTEE 0.00 X 0 0 0 PAT GOETTSCHE TRUSTEE 0.00 X 0 0 0 JUDY GRAHAM TRUSTEE 0.00 X 0 0 0 JOSH GUAJARDO TRUSTEE 0.00 X 0 0 0 KEITH JACOBSON TRUSTEE 0.00 X 0 0 0 DALE JEFFERSON TRUSTEE 0.00 X 0 0 0 TERRY JOHNSON TRUSTEE 0.00 X 0 0 0 LYNN KIESEWETTER TRUSTEE 0.00 X 0 0 0 HOWARD LEE JR TRUSTEE 0.00 X 0 0 0 TERRY LOOPER TRUSTEE 0.00 X 0 0 0 PENNY LOYD TRUSTEE 0.00 X 0 0 0 GREGG MATTE TRUSTEE 0.00 X 0 0 0 BEN RENBERG TRUSTEE 0.00 X 0 0 0 HUNTER ROWE TRUSTEE 0.00 X 0 0 0 MARC RYLANDER TRUSTEE 0.00 X 0 0 0 JOE SLEETH JR TRUSTEE 0.00 X 0 0 0 CLOIS SMITH TRUSTEE 0.00 X 0 0 0 JANET TAYLOR TRUSTEE 0.00 X 0 0 0 TADD TELLEPSEN TRUSTEE 0.00 X 0 0 0 MARTHA TURNER TRUSTEE 0.00 X 0 0 0 CHARLIE WARD 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 DIANE WILLIAMS TRUSTEE 0.00 X 0 0 0 ED YOUNG TRUSTEE 0.00 X 0 0 0 JOHNNY BAKER ADVISORY TRUSTEE 0.00 X 0 0 0 MARY ANN BELIN ADVISORY TRUSTEE 0.00 X 0 0 0 STEWART MORRIS SR ADVISORY TRUSTEE 0.00 X 0 0 0 JIM SMITH ADVISORY TRUSTEE 0.00 X 0 0 0 ROBERT B SLOAN PRESIDENT 40.00 X 396409 119330 0 SANDRA N MOONEY VP FINANCIAL OPERATIONS 40.00 X 200565 0 0 JAMES L STEEN VP ENROLLMENT MGMT 40.00 X 174422 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 40.00 X 172756 0 0 ROBERT E DRAGOO VP ASSET DEVELOPMENT 40.00 X 184316 0 0 ROBERT K GAYNOR VP UNIVERSITY COMMUNICATIONS 40.00 X 164562 0 0 WHITTINGTON C GOODWIN VP STUDENT LIFT 40.00 X 85296 0 0 TOMMY L BAMBRICK VP ADVANCEMENT 40.00 X 80037 0 0 JOHN M REYNOLDS PROVOST 40.00 X 159279 0 0 CHARLES E BACARISSE VP DEVELOPMENT 40.00 X 151338 0 0 MOHAN KURUVILLA DEAN COBE 40.00 X 166884 0 0 MICHAEL K BOURKE PROFESSOR 40.00 X 122261 0 0 LEVON HAYRAPETYAN PROFESSOR 40.00 X 129193 0 0 JOHN R BROOKS PROFESSOR 40.00 X 124132 0 0 NAIRONG A YAN PROFESSOR 40.00 X 117231 0 0 2428681 119330 0 26 0 1 0 TELLEPSEN 777 BENMAR SUITE 400 HOUSTON TX 77060 CONSTRUCTION SERVICES 3804918 ARAMARK SERVICES INC 7502 FONDREN RD HOUSTON TX 77074 FACILITIES MAINTENANCE 2581971 FIRST NATIONAL BANK OF OMAHA 1620 DODGE STREET OMAHA NE 68197 INVESTMENT MANAGEMENT 1781672 MP2 ENERGY LLC PO BOX 202829 DALLAS TX 75320 ELECTRIC UTILITY 1389475 MOD SPACE 1200 SWEDESFORD ROAD BERWYN PA 19312 CONSTRUCTION SERVICES 1228760 54 399879 7242968 55900 7642847 TUITION AND FEES 611600 67381063 67381063 AUXILIARY SERVICES 611600 2402050 2362050 40000 69783113 771125 771125 319859 319859 2341679 701870 1639809 1639809 1686956 -47147 16732360 12298150 4434210 4434210 4434210 2054834 1662420 392414 392414 FITNESS CENTER 611600 1192613 1192613 ATHLETICS 611600 974727 974727 OTHER 611600 755381 755381 2922721 87906098 79179414 -7147 1090984 29170275 29170275 2418619 1030479 1156765 231375 21740357 14303783 6972697 463877 957985 576940 356248 24797 1767597 1280340 434810 52447 1690848 1060962 583341 46545 2157426 751063 1406363 78249 78249 98006 98006 15833 15833 247462 104376 91434 51652 1008664 669381 324666 14617 965890 290802 675088 610649 145744 462429 2476 66680 16866 27830 21984 1917049 1917049 4847744 2309465 2538279 879694 12755 866939 CONTRACT LABOR 1984048 1087821 896227 ATHLETICS 1754532 1754532 UTILITIES 1620346 4419 1615927 MAINTENANCE, REPAIR, EQ 1233328 96800 1136528 3315664 1042011 2273653 80546945 53954282 25667060 925603 4900481 7111543 6610378 3129650 3420236 5518338 2861572 3230166 327826 283058 593061 691679 611713 686032 165598131 48285086 113008705 117313045 42079157 48085496 12716072 14491703 25540070 25167948 6775371 6161769 219444642 231870427 7052660 7238603 360867 406810 49145000 48065000 1365885 950607 10753737 15415743 2565006 2341958 5769457 5045380 77012612 79464101 X 73687736 75501889 24561992 32170242 44182302 44734195 142432030 152406326 219444642 231870427 X 7359153 2019733 595410 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 43000 6091511 X X X 0 0 0 85467373 464967 6570035 3069815 -1205977 90638537 77120359 1820678 8613781 3407007 -1319562 85467373 83667433 239931 -4703982 3632624 -1549601 77120359 76770659 476813 8719183 4199168 -1899946 83667433 72177268 791571 5270695 4722685 -3253810 76770659 0.27100 0.49400 0.23500 1 0 6360248 6360248 105402365 20459880 84942485 20192561 10368749 9823812 29704656 17456457 12248199 3938301 3938301 117313045 BONDS 3096205 F INTERNATIONAL FUND 6930425 F TRUSTS 4465073 F 14491703 REAL ESTATE 23323990 F MINERAL RIGHTS 1843958 F 25167948 BOND INTEREST RATE SWAP 4675252 DEPOSITS 370128 5045380 X 65056713 2019733 4374472 6394205 58662508 29243590 29243590 87906098 56061346 4757996 4757996 51303350 29243595 29243595 80546945 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 STUDENDS OF THE UNIVERSITY THE ABILITY TO EXPERIENCE "HANDS ON" HISTORICAL ITEMS RELATED TO RELIGIOUS AND UNITED STATES HISTORY. PART V, LINE 4: THE UNIVERSITY ENDOWMENT IS USED PRIMARILY TO PROVIDE STUDENTS WITH SCHOLARSHIPS. A SMALLER PORTION FROM THE BOARD DESIGNATED ENDOWMENT IS USED TO HELP THE UNIVERSITY PAY FOR THE ONGOING COSTS RELATED TO MAINTAINING AND OPERATING THE UNIVERSITY. 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, 2014 AND 2013 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 2,230,243. INVESTMENT EXPENSES 176,915. BOOKSTORE COST OF GOODS SOLD 1,662,420. RENTAL EXPENSES ALLOCATION 304,894. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 29,170,275. MISCELLANEOUS 73,315. PART XII, LINE 2D - OTHER ADJUSTMENTS: BSI EXPENSES 2,613,767. BOOKSTORE COST OF GOODS SOLD 1,662,420. RENTAL EXPENSES ALLOCATION 304,894. INVESTMENT EXPENSE 176,915. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED/UNFUNDED AID (DIFFERENT TREATMENT PER 990 AS COMPARED TO FINANCIAL) 29,170,275. MISCELLANEOUS 73,320. 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. X X X X X X 1 HARRIS CONNECT 3 BARKER AVENUE WHITE PLAINS NY 10601 CALL CENTER PROGRAM - ANNUAL FUND 0 38202 165817 38202 38202 165817 38202 0 SCHOLARSHIPS TO STUDENTS 2033 26664211 BOOK SCHOLARSHIPS SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE GIVEN TO STUDENTS IN THE FORM OF SCHOLARSHIPS, THEREFORE A DETAILED MONITORING PROCESS IS NOT NECESSARY FOR THE UNIVERSITY. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT B SLOAN PRESIDENT 394825 0 0 0 1584 119330 0 0 0 0 396409 119330 0 0 SANDRA N MOONEY VP FINANCIAL OPERATIONS 199785 0 0 0 780 0 0 0 0 0 200565 0 0 0 JAMES L STEEN VP ENROLLMENT MGMT 174265 0 0 0 157 0 0 0 0 0 174422 0 0 0 SHARON E SAUNDERS VP UNIVERSITY RELATIONS 170880 0 0 0 1876 0 0 0 0 0 172756 0 0 0 ROBERT E DRAGOO VP ASSET DEVELOPMENT 181195 0 0 0 3121 0 0 0 0 0 184316 0 0 0 ROBERT K GAYNOR VP UNIVERSITY COMMUNICATIONS 162850 0 0 0 1712 0 0 0 0 0 164562 0 0 0 JOHN M REYNOLDS PROVOST 158963 0 0 0 316 0 0 0 0 0 159279 0 0 0 CHARLES E BACARISSE VP DEVELOPMENT 151035 0 0 0 303 0 0 0 0 0 151338 0 0 0 MOHAN KURUVILLA DEAN COBE 166595 0 0 0 289 0 0 0 0 0 166884 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. A CRAWFORD EDUCATION FACILITIES CORPORATION 721536594 225097AC8 2007-11-29 53000000 CONSTRUCTION OF 3 NEW BUILDINGS ON CAMPUS; REFUND PRIOR ISSUE DATED 7/27/00 0 0 0 A 4935000 53000000 394307 46628005 5977688 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 SCHEDULE K, PART II, LINE 11 EXPLANATION OF OTHER SPEND PROCEEDS PROCEEDS USED TO CURRENTLY REFUND PRIOR ISSUE WERE $5,977,688. THE REFUNDED BONDS WERE ORIGINALLY ISSUED ON 7/27/2000. JAMES STEEN INDEPENDENT CONTRACTOR 68054 ENROLLMENT MANAGEMENT 0 DAVID BROOKS CONTROL SHAREHOLDER 68054 ENROLLMENT MANAGEMENT 0 JAMES NAMKEN BROTHER OF VP FINANCIAL OPERATIONS 19852 PROPERTY MANAGEMENT SERVICES 0 JAY WILLIAMS SON OF TRUSTEE 34762 PROPERTY MANAGEMENT 0 X 2 43000 APPRAISAL X GRAND PIANO 1 12900 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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 15A 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. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY HAS CHOSEN TO MAKE OUR IRS FORM 990 AVAILABLE UPON REQUEST. THE UNIVERSITY HAS CHOSEN AT THIS POINT NOT TO MAKE PUBLIC OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: FUNDRAISING EVENTS - PRIOR YEAR 595,000. MISCELLANEOUS 410. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR. 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 TN 77074 760503219 APARTMENT RENTAL TX BEECHNUT STREET INC C 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 BEECHNUT STREET INC J 933695 ACTUAL BEECHNUT STREET INC N 356976 ACTUAL HB HOUSING PARTNERSHIP J 53951 ACTUAL