2015-04-10T08:36:52-05:00 2014-05-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE ORLANDO FL 32801 990 2013-06-01 590624401 FLORIDA SOUTHERN COLLEGE FLOR 8636804148 111 LAKE HOLLINGSWORTH DR LAKELAND FL 33801 V TERRY DENNIS VP FINANCE & ADMINISTRATION 8636804148 2015-04-08 1 AMY CHAPMAN P00843460 4078021200 2015-04-06 2013 2016-02-25 16:41:14Z DR ANNE B KERR 111 LAKE HOLLINGSWORTH DR LAKELAND FL 33801 173516530 0 X WWW.FLSOUTHERN.EDU X 1885 FL PRIVATE UNITED METHODIST AFFILIATED COLLEGE THAT IS COMMITTED TO EDUCATIONAL EXCELLENCE. 36 35 1517 142 57152 -34981 16666969 10569290 72333988 80352562 1832885 1633457 2204220 3431536 93038062 95986845 23404621 27057567 0 0 29680781 30391318 0 0 1231096 28768916 32462773 81854318 89911658 11183744 6075187 214334243 225763622 56498315 56678452 157835928 169085170 X FLORIDA SOUTHERN COLLEGE IS COMMITTED TO EDUCATIONAL EXCELLENCE AND IS A SELECTIVE COMPREHENSIVE, PRIVATE, UNITED METHODIST AFFILIATED COLLEGE WITH A STRONG LIBERAL ARTS CORE AND SIGNATURE PROGRAMS. (SEE SCHEDULE O) 0 0 75503717 27057567 80352562 FLORIDA SOUTHERN COLLEGE IS A PRIVATE, COMPREHENSIVE COLLEGE DEDICATED TO TEACHING EXCELLENCE IN 56 PROGRAMS OF STUDY FOR UNDERGRADUATE STUDENTS. THE COLLEGE IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES. THE COLLEGE'S 2013 ENTERING FRESHMAN CLASS OF 633 IS THE LARGEST IN OUR 128-YEAR HISTORY, AND WE HAD THE HIGHEST SAT SCORE OF AN ENTERING CLASS. THE COLLEGE'S 2,120 FULLTIME UNDERGRADUATE STUDENTS COME FROM 45 STATES AND 49 COUNTRIES, WITH 78% OF THEM RESIDING IN CAMPUS HOUSING. MORE THAN 98% RECEIVE SOME FORM OF FINANCIAL ASSISTANCE, INCLUDING 32% WHO RECEIVE PELL GRANTS. (SEE SCHEDULE O)FLORIDA SOUTHERN IS NATIONALLY RECOGNIZED FOR ITS ENGAGED LEARNING FORMAT WHERE STUDENTS ARE CHALLENGED TO APPLY KNOWLEDGE THEY ACQUIRE IN THEIR CLASSES IN REAL-WORLD SITUATIONS. WE ARE PROUD OF THE QUALITY OF OUR STUDENT-FACULTY COLLABORATIVE RESEARCH, STUDENT MUSICAL PERFORMANCES, SERVICE LEARNING, CIVIC ENGAGEMENT, INTERNSHIPS, PRACTICALLY PROJECTS, AND STUDY-ABROAD OPPORTUNITIES, ALL OF WHICH SUPPORT THE ENGAGED LEARNING PEDAGOGY. STUDENTS ARE TAUGHT BY DYNAMIC PROFESSORS, INCLUDING 111 FULL-TIME FACULTY THAT RESULTS IN A 14:1 STUDENT-FACULTY RATIO. THE FACULTY HAVE OUTSTANDING CREDENTIALS, WITH 78% WHO HAVE EARNED THEIR TERMINAL DEGREE IN THEIR FIELD OF EXPERTISE. FLORIDA SOUTHERN ALSO EMPHASIZES WHOLE-STUDENT DEVELOPMENT AND HAS A VIBRANT EXTRA-CURRICULAR AGENDA THAT SUPPORTS BOTH CLASSROOM AND OUT-OF-CLASSROOM PERSONAL GROWTH EXPERIENCES. A WELL-TRAINED STAFF OF PROFESSIONALS LEAD THESE ACTIVITIES THAT FOSTER NOT ONLY ACADEMIC, BUT ALSO PHYSICAL, SPIRITUAL, AND SOCIAL DEVELOPMENT. FLORIDA SOUTHERN IS RANKED AS THE #1 REGIONAL COLLEGE IN FLORIDA AND THE #5 REGIONAL COLLEGE IN THE SOUTH BY U.S. NEWS & WORLD REPORT; WAS RANKED AS THE #1 "MOST BEAUTIFUL CAMPUS" IN THE NATION FOR TWO CONSECUTIVE YEARS AND ONCE AGAIN HONORED AS ONE OF THE COUNTRY'S BEST INSTITUTIONS FOR UNDERGRADUATE EDUCATION BY THE PRINCETON REVIEW. IT IS INCLUDED IN THE PRINCETON REVIEW'S BEST 378 COLLEGES AND UNIVERSITIES; IS INCLUDED AS A BEST VALUE IN THE PRESTIGIOUS FISKE GUIDE TO COLLEGES; AND IS LISTED BY BARRON'S AS A BEST BUY INSTITUTION. THE COLLEGE'S 110 ACRE CAMPUS INCLUDES ACADEMIC BUILDINGS, RESIDENCE HALLS, ATHLETIC FACILITIES, STUDENT LIFE ACTIVITY SPACES, ADMINISTRATIVE OFFICES, AND STUDENT SUPPORT LEARNING SPACES, A PERFORMING ARTS CENTER, OTHER AUDITORIA FOR BOTH MUSICAL AND ALL-COLLEGE PROGRAMS, CHAPELS FOR CAMPUS MINISTRIES, AND MAINTENANCE AND WORKSHOP FACILITIES. 75503717 1 1 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 1 117 0 1517 1 1 1 0 0 0 0 1 1 0 0 0 0 X 36 35 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X V TERRY DENNIS 8636804148 111 LAKE HOLLINGSWORTH DR LAKELAND FL 33801 ROBERT L FRYER JR CHAIRMAN 10.00 X X 0 0 0 RICHARD T FULTON VICE CHAIRMAN 1.00 X X 0 0 0 ROBERT E PUTERBAUGH SECRETARY 1.00 X X 0 0 0 MARCENE CHRISTOVERSEN TRUSTEE 1.00 X 0 0 0 HOYT ROBINSON BARNETT TRUSTEE 1.00 X 0 0 0 ROBERT J ADAMS TRUSTEE 1.00 X 0 0 0 J STEPHEN BUCK TRUSTEE 1.00 X 0 0 0 ANN EDWARDS TRUSTEE 1.00 X 0 0 0 BISHOP ROBERT E FANNIN TRUSTEE 1.00 X 0 0 0 ANN H HANSEN TRUSTEE 1.00 X 0 0 0 JEFFREY K HEARN TRUSTEE 1.00 X 0 0 0 M CLAYTON HOLLIS JR TRUSTEE 1.00 X 0 0 0 RICHARD C JENSEN TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 GENERAL DONALD L KERRICK TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 BERNARD L LITTLE JR TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 REVEREND W DAVID MCENTIRE TRUSTEE 1.00 X 0 0 0 SARAH D MCKAY TRUSTEE 1.00 X 0 0 0 EDWARD L MYRICK TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 MAIDA BADCOCK POU TRUSTEE 1.00 X 0 0 0 DANIEL R RICHEY TRUSTEE 1.00 X 0 0 0 MARJORIE H ROBERTS TRUSTEE 1.00 X 0 0 0 JOHN A RODDA TRUSTEE 1.00 X 0 0 0 GEORGE W ROGERS TREASURER 1.00 X X 0 0 0 ARTHUR J ROWBOTHAM ASSISTANT SECRETARY 1.00 X X 0 0 0 JOE P RUTHVEN TRUSTEE 1.00 X 0 0 0 LOUIS S SACO TRUSTEE 1.00 X 0 0 0 HONORABLE E J SALCINES TRUSTEE 1.00 X 0 0 0 RAY L SANDHAGEN TRUSTEE 1.00 X 0 0 0 ROBERT W SCHARAR TRUSTEE 1.00 X 0 0 0 ROBERT R SHARP TRUSTEE 1.00 X 0 0 0 EVETT L SIMMONS TRUSTEE 1.00 X 0 0 0 CHAS P SMITH TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 ROBERT S TRINKLE TRUSTEE 1.00 X 0 0 0 R HOWARD WIGGS TRUSTEE 1.00 X 0 0 0 THOMAS S PETCOFF TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 DAVID P LYONS TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 DAVID E ROGERS TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 CAROLE E WEINSTEIN TRUSTEE - PARTIAL YEAR 1.00 X 0 0 0 ANNE B KERR PRESIDENT 75.00 X 394581 0 45981 V TERRY DENNIS VP OF FINANCE & ADMINISTRA 55.00 X 191928 0 29033 KYLE FEDLER PROVOST 55.00 X 143040 0 34457 JOHN GRUNDIG VP OF ENROLLMENT MANAGEMEN 55.00 X 178188 0 40007 ROBERT H TATE VP ADVANCEMENT 55.00 X 148128 0 22842 WILLIAM L RHEY DEAN OF BUSINESS & ECONOMI 40.00 X 185423 0 21444 WILLIAM C QUILLIAM PROFESSOR 40.00 X 123162 0 8101 LYNN M CLEMENTS PROFESSOR 40.00 X 123473 0 19736 CHARLES W DUVAL PROFESSOR 40.00 X 113190 0 11417 DAVID CAMPOPIANO PROFESSOR 40.00 X 112846 0 161 1713959 0 233179 17 0 1 0 GUEST SERVICES INC PO BOX 931841 ATLANTA GA 31193 CAFETERIA MANAGEMENT 4193965 RODDA CONSTRUCTION INC 250 EAST HIGHLAND DR LAKELAND FL 33813 CONSTRUCTION 3730822 ROBERT A M STERN ARCHITECTS 460 W 34TH ST NEW YORK NY 10001 CONTRACTOR 1141905 BW COMMUNICATIONS 8900 EDGEWORTH DR STE G CAPITOL HEIGHTS MD 20743 COMMUNICATIONS SERVICES 647810 JENZABAR INC PO BOX 55018 BOSTON MA 02205 SOFTWARE 260159 12 102382 1111034 9355874 1293353 10569290 TUITION AND FEES 611600 64672724 64672724 DORMITORY & FOOD SERVICE 611710 15342348 15342348 RENTAL TO STUDENTS/FACULTY 611710 243171 243171 OTHER STUDENT FEES 611710 94319 94319 80352562 1611556 1611556 141248 34766 106482 106482 106482 77308251 55565 77286310 55605 21941 -40 21901 21901 99363 102382 88654 10709 10709 93627 64350 29277 29277 OTHER PROGRAM REVENUE 900099 1771327 1771327 STUDENT INSURANCE PREMIUMS 524292 418582 418582 LESSONS/MEMBERSHIPS 900099 57152 57152 1038007 1038007 3285068 95986845 80352562 57152 5007841 27057567 27057567 1224784 88749 855775 280260 22973447 19530351 3019973 423123 1426093 1247367 178726 3118891 1870952 1125233 122706 1648103 1433550 190221 24332 99902 99902 108021 108021 5386 5386 2027186 1712129 239283 75774 1038686 867074 170974 638 2293260 1589225 620448 83587 4812258 4563281 230944 18033 400081 345343 34410 20328 6227 6227 1530288 22499 1507789 5323665 4752919 570746 2042130 77625 1964505 PROGRAM EXPENSES 4971514 4473588 370601 127325 FOOD EXPENSE 4007424 4007424 BAD DEBT EXPENSE 680048 680048 TAXES, LICENSES, PERMIT 398935 273198 125737 2717762 1584649 1078123 54990 89911658 75503717 13176845 1231096 10437622 13829559 717567 615682 13494788 11634286 2906521 2887034 3481932 3166743 197835 278851 299766 395276 183859032 68305718 110102348 115553314 60616101 64975385 12079763 12427492 214334243 225763622 4739897 6487025 2165069 2445339 39510000 38515000 62280 114398 202620 221193 1738338 1707182 8080111 7188315 56498315 56678452 X 81285666 90571807 39805959 39594687 36744303 38918676 157835928 169085170 214334243 225763622 X 6075187 4732326 441729 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 391 0 0 391 0 PART II-B, LINE 1: FLORIDA SOUTHERN COLLEGE ONLY ENGAGES IN LOBBYING ACTIVITY WHICH DIRECTLY AFFECT THE OPERATION OF THE COLLEGE, ARE FOR THE BENEFIT OF ITS STUDENTS, AND WHICH FOSTER ITS EDUCATIONAL MISSION. 0 325873 0 0 X X X X 0 0 1 X 80456773 2718571 9298367 10182880 82380831 76031050 6337591 10280561 12102429 80456773 78071688 3471287 -1170124 4341801 76031050 55850492 16218534 8397511 2394869 78071688 52752217 1332943 4246516 2481184 55850492 0.20400 0.47240 0.32350 0 1 1 152583 6338880 6491463 116237034 43211334 73025700 30432282 8787087 21645195 21995309 13983362 8011947 8702944 2323935 6379009 115553314 BENEFICIAL INTEREST IN TRUST 10946971 CASH SURRENDER VALUE OF LIFE INSURANCE 1062494 BOND ISSUANCE COSTS, NET 415127 OTHER ASSETS 2900 12427492 POSTRETIREMENT BENEFIT OBLIGATION 2992962 GIFT ANNUITY OBLIGATION 2272202 DEPOSITS 531316 ADVANCES FROM FEDERAL AGENCY FOR STUDENT LOANS 1391835 7188315 X 78493581 4732326 187770 4920096 73573485 19883 22393477 22413360 95986845 67337396 187770 187770 67149626 19883 22742149 22762032 89911658 PART III, LINE 4: THE COLLEGE'S COLLECTION REPRESENTS AN ACCRETION OF GIFTS ACROSS MANY DECADES WITH THE OLDEST WORK DATING FROM THE LATE 16TH CENTURY. THE COLLEGE HAS MANY 18TH AND 19TH CENTURY WORKS, HOWEVER THE MAJORITY OF THE COLLECTION CONSISTS OF WORKS FROM THE 20TH AND NOW THE 21ST CENTURIES. THE COLLEGE'S USE OF THE COLLECTION INCLUDES TEACHING AND AESTHETIC EDUCATIONAL DISPLAY. THE COLLECTION SUPPORTS THE MISSION OF THE DEPARTMENT OF ART AND ART HISTORY. THE COLLEGE'S CAMPUS CONTAINS THE LARGEST SINGLE SITE COLLECTION OF FRANK LLOYD WRIGHT STRUCTURES IN THE WORLD AND IS THE ONLY COLLEGE CAMPUS DESIGNED BY THE MASTER ARCHITECT. THE WRIGHT-DESIGNED BUILDINGS ON THE COLLEGE'S CAMPUS HAVE BEEN INCLUDED ON THE WORLD MONUMENT FUND'S LIST OF 100 MOST ENDANGERED SITES IN THE WORLD. THE INTERNATIONAL IMPORTANCE OF THE COLLEGE'S WRIGHT ARCHITECTURE AND PRESERVATION EFFORTS HAS RESULTED IN A NUMBER OF GRANTS TO ASSIST IN THESE EFFORTS. PART IV, LINE 2B: THE COLLEGE HOLDS AGENCY FUNDS AND ADMINISTERS THE FUNDS FOR VARIOUS CAMPUS GROUPS. PART V, LINE 4: THE COLLEGE'S ENDOWMENT FUNDS ARE MAINTAINED TO PROVIDE A PREDICTABLE STREAM OF INCOME TO FUND PROGRAMS THAT ARE SUPPORTED BY THE ENDOWMENT. PART X, LINE 2: THE COLLEGE ADOPTED GUIDANCE ISSUED BY FASB WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS OF JANUARY 1, 2007. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF THE TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE ADOPTION IN THE PRIOR YEAR HAD NO EFFECT ON THE COLLEGE'S FINANCIAL STATEMENTS. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE MAY 30, 2008. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFIT TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COLLEGE RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE COLLEGE DID NOT HAVE ANY AMOUNT ACCRUED FOR INTEREST AND PENALTIES AT MAY 31, 2014 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 64,350. SPECIAL EVENT EXPENSES 88,654. RENTAL EXPENSES 34,766. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID AND SCHOLARSHIPS 22,393,477. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 64,350. SPECIAL EVENT EXPENSES 88,654. RENTAL EXPENSES 34,766. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID AND SCHOLARSHIPS 22,393,477. PAYMENT TO ANNUITY BENEFICIARIES 348,672. 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 COLLEGE'S NON-DISCRIMINATORY POLICY HAS BEEN PUBLISHED ONLINE ON THE SCHOOL'S WEBSITE AND IN THE COLLEGE CATALOG. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES. EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES TO SPONSOR STUDY ABROAD 337260 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES TO SPONSOR STUDY ABROAD 182769 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 PROGRAM SERVICES TO SPONSOR STUDY ABROAD 90964 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES. TO SPONSOR STUDY ABROAD. 27554 SOUTH AMERICA 0 0 PROGRAM SERVICES TO SPONSOR STUDY ABROAD. 112729 0 0 0 0 0 0 751276 0 751276 0 0 0 0 0 0 FL GOLF TOURNAMENT 1 62975 37570 25405 5200 5350 20349 GOLF TOURNAMENT 2 42880 18355 24525 5000 10626 7221 3 95890 46457 49433 1000 3000 14050 16858 201745 102382 99363 1000 13200 30026 44428 88654 10709 1 TUITION DISCOUNTS/CREDITS 2083 22393477 N/A N/A SCHOLARSHIPS 825 3254279 N/A N/A PART I, LINE 2: GRANTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. THE COLLEGE MONITORS STUDENT TUITION ACCOUNTS FOR ANY STUDENT WHO RECEIVED A SCHOLARSHIP OR TUITION CREDIT. THE BURSAR'S OFFICE AND THE ADMISSIONS OFFICE ENSURE THAT STUDENTS WHO RECEIVE SCHOLARSHIPS OR TUITION CREDITS MAINTAIN FULL-TIME OR PART-TIME STUDENT STATUS AND MEET ALL OTHER REQUIREMENTS, AS REQUIRED BY THE AWARDED SCHOLARSHIP, SO THAT THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ANNE B KERR PRESIDENT 391180 0 0 0 3401 0 25000 0 20981 0 440562 0 0 0 V TERRY DENNIS VP OF FINANCE & ADMINISTRA 191928 0 0 0 0 0 19500 0 9533 0 220961 0 0 0 KYLE FEDLER PROVOST 143040 0 0 0 0 0 15000 0 19457 0 177497 0 0 0 JOHN GRUNDIG VP OF ENROLLMENT MANAGEMEN 178188 0 0 0 0 0 18750 0 21257 0 218195 0 0 0 ROBERT H TATE VP ADVANCEMENT 148128 0 0 0 0 0 14597 0 8245 0 170970 0 0 0 WILLIAM L RHEY DEAN OF BUSINESS & ECONOMI 185423 0 0 0 0 0 13111 0 8333 0 206867 0 0 0 PART I, LINE 1A THE COLLEGE PRESIDENT, ANNE B. KERR, IS PROVIDED A RESIDENCE ON THE CAMPUS OF THE COLLEGE. THE VALUE OF HOUSING PROVIDED IS EXCLUDED FROM THE DETERMINATION OF TAXABLE COMPENSATION UNDER SECTION 119 OF THE INTERNAL REVENUE CODE BECAUSE: 1) THE LODGING IS FURNISHED ON THE BUSINESS PREMISES OF THE COLLEGE; 2) THE LODGING IS FURNISHED AT THE CONVENIENCE OF THE EMPLOYER. THE RESPONSIBILITIES OF THE PRESIDENT REQUIRE HER PRESENCE ON CAMPUS. THE PRESIDENT HOLDS MANY FACULTY AND STUDENT MEETINGS AT HER RESIDENCE; AND 3) THE EMPLOYEE IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF HER EMPLOYMENT. THE VALUE OF THE LODGING IS NOT INCLUDED IN TAXABLE COMPENSATION. THE COLLEGE PAYS DUES AT A SOCIAL CLUB FOR THE COLLEGE PRESIDENT, ANNE B. KERR AND THE VICE PRESIDENT OF ADVANCEMENT, ROBERT H. TATE. THIS BENEFIT IS NOT TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS BECAUSE CLUB USE IS LIMITED TO BUSINESS PURPOSES. A CITY OF LAKELAND FLORIDA 596000354 511664AN4 2012-09-11 31289524 FINANCE/REFINANCE COSTS OF ACQUISTION 0 0 0 B CITY OF LAKELAND FLORIDA 596000354 511664AP9 2012-09-11 10000000 REFINANCE COSTS OF ACQUISTION 0 0 0 A 31289524 12650023 398043 18241458 2013 1 0 1 1 B 10000000 9902345 99523 15500 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 FORM 990, SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME : CITY OF LAKELAND, FLORIDA (F) DESCRIPTION OF PURPOSE: FINANCE/REFINANCE COSTS OF ACQUISITION, CONSTRUCTION EQUIPPING EDUCATION FACILITIY. SCHEDULE K, PART II, LINE 2A, COLUMNS A AND B A REBATE IS NOT CONSIDERED DUE YET AND THE ISSUE IS WITHIN ITS FIVE YEAR PERIOD PRIOR TO A REBATE BEING REQUIRED. THE COLLEGE WILL DETERMINE IF AN EXCEPTION TO REBATE APPLIES OR IF A REBATE CALCULATION IS REQUIRED WITH THE BOND TRUSTEE. RODDA CONSTRUCTION JOHN RODDA (TRUSTEE) OWNS RODDA CONSTRUCTION 3213769 CONSTRUCTION SERVICES 0 LYNN DENNIS FAMILY MEMBER OF V. TERRY DENNIS, VP FINANCE & ADMINISTRATION 69600 EMPLOYMENT COMPENSATION 0 X 1 4350 ESTIMATED VALUE X 24 VALUED AT $1 EACH X 2 VALUED AT $1 EACH X 11 1301144 STOCK MARKET QUOTES X VARIOUS ITEMS 45 4830 COST X FURNITURE 1 199 COST 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 CLAYTON HOLLIS AND MARJORIE ROBERTS - FAMILY RELATIONSHIP; STEVE BUCK AND SARAH MCKAY - FAMILY RELATIONSHIP; FORM 990, PART VI, SECTION A, LINE 6 FLORIDA SOUTHERN COLLEGE HAS ONE MEMBER, WHICH IS THE FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH. THE FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH HAS THE RIGHT TO ELECT UP TO THIRTY-SEVEN TRUSTEES TO THE BOARD. IN ADDITION, ANY CHANGE TO THE COLLEGE'S CHARTER MUST BE APPROVED BY THE FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH ELECTS UP TO THIRTY-SEVEN TRUSTEES FOR A TERM OF THREE YEARS EACH. TWO POSITIONS ON THE BOARD ARE HELD BY INDIVIDUALS BASED ON THEIR POSITIONS WITH OTHER ORGANIZATIONS. THE BISHOP AND LAY LEADER OF THE FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH ARE MEMBERS OF THE COLLEGE'S BOARD. THE PRESIDENT OF THE COLLEGE'S ALUMNI ASSOCIATION IS A MEMBER OF THE BOARD BASED ON SUCH A POSITION. FORM 990, PART VI, SECTION A, LINE 7B ANY AMENDMENT TO THE COLLEGE'S CHARTER MUST BE APPROVED BY THE FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE'S AUDIT COMMITTEE REVIEWS THE FORM 990 IN DETAIL. FOLLOWING THEIR REVIEW, A PUBLIC INSPECTION COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO TAKING A POSITION ON THE BOARD, EACH MEMBER MUST SUBMIT IN WRITING TO THE PRESIDENT AND CHAIRMAN OF THE BOARD A LIST OF ALL BUSINESSES OR OTHER ORGANIZATIONS THAT MAY BECOME CONFLICTS OF INTEREST. EACH WRITTEN STATEMENT IS RESUBMITTED WITH ANY NECESSARY CHANGES EACH YEAR. IN CONJUCTION WITH A SIGNED CONFLICT OF INTEREST QUESTIONNAIRE, THE AUDIT COMMITTEE REVIEWS THE CONFLICT OF INTEREST STATEMENTS OF ALL BOARD MEMBERS, AND ANY POTENTIAL CONFLICTS ARE EXPLORED THOROUGHLY. THE AUDIT COMMITTEE ALSO REVIEWS THE CONFLICT OF INTEREST STATEMENTS FILED BY THE PRESIDENT AND THE OFFICERS AND KEY EMPLOYEES OF THE COLLEGE. IF ANY CONFLICTS OF INTEREST EXIST, THE AFFECTED BOARD MEMBER SHALL MAKE KNOWN THE POTENTIAL CONFLICT AND SHALL WITHDRAW FROM THE MEETING FOR SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION. SHOULD THE MATTER BE BROGHT TO A VOTE, THE AFFECTED BOARD MEMBER SHALL ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE COLLEGE HAS A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES THAT REVIEWS AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE COLLEGE PRESIDENT. THE RECOMMENDEATION IS VOTED UPON BY THE FULL BOARD. THE COMPENSATION COMMITTEE USES COMPARABILITY DATA TO ENSURE THE COMPENSATION OF THE PRESIDENT IS REASONABLE. THE DECISION OF THE COMMITTEE AND THE BOARD IS DOCUMENTED IN THE MEETING MINUTES. THE PROCESS IS UNDERTAKEN ON AN ANNUAL BASIS AND WAS LAST COMPLETED IN 2013 FOR THE PRESIDENT, DR. ANNE B. KERR. THE COLLEGE PRESIDENT USES COMPARABILITY DATA TO REVIEW AND RECOMMEND COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES. THE SALARIES ARE REVIEWED AND APPROVED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES. THE DECISIONS ARE DOCUMENTED BY THE PRESIDENT AND BOARD CHAIRMAN. THE PROCESS IS UNDERTAKEN ON AN ANNUAL BASIS AND WAS LAST COMPLETED IN 2013. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THIS TIME PURSUANT TO INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART XI, LINE 9: ACTUARIAL CHANGE IN ANNUITY OBLIGATIONS 354,859. ACTUARIAL CHANGE IN POSTRETIREMENT BENEFIT PLAN OBLIGATION 86,870. FORM 990, PART XII, LINE 2(C) THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THIS PROCEDURE DID NOT CHANGE THIS YEAR. FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH 1140 EAST MCDONALD STREET LAKELAND FL 33801 590904361 SUPPORT FL 501(C)(3) LINE 1 N/A 0 FLORIDA UNITED METHODIST FOUNDATION INC PO BOX 3549 LAKELAND FL 33802 591148710 INVESTMENT MANAGEMENT FL 501(C)(3) LINE 11C, III-FI FLORIDA CONFERENCE OF THE UNITED METHODIST CHURCH 0 CHARITABLE REMAINDER UNITRUST (10) 111 LAKE HOLLINGSWORTH DRIVE LAKELAND FL 33801 INVESTMENT FL N/A T 0 POOLED TRUST (3) 111 LAKE HOLLINGSWORTH DRIVE LAKELAND FL 33801 INVESTMENT FL N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0