2014-10-29T15:23:00-05:00 2014-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2013-07-01 386080947 GREAT LAKES CHRISTIAN COLLEGE GREA 5173210242 6211 WILLOW HIGHWAY LANSING MI 489171299 JAMES A LOCKWOOD VP FINANCE & OPERATIONS 5173210242 2014-10-22 1 BRUCE J DUNN CPA P00010228 5173237500 2013 2015-11-30 17:44:51Z JAMES A LOCKWOOD 6211 WILLOW HIGHWAY LANSING MI 489171299 3878755 0 X WWW.GLCC.EDU X 1972 MI TO PROVIDE BIBLE-ORIENTED SYSTEMATIC TRAINING, RESULTING IN A TWO OR FOUR YEAR DEGREE. 18 18 153 31 0 0 1544453 1684642 1891968 1900625 164529 47645 74441 56580 3675391 3689492 0 0 0 0 1926935 1803104 0 0 178093 1845418 2067569 3772353 3870673 -96962 -181181 6595118 6877164 2585475 2936318 4009643 3940846 GREAT LAKES CHRISTIAN COLLEGE, AN INSTITUTION OF HIGHER EDUCATION AFFILIATED WITH CHRISTIAN CHURCHES/CHURCHES OF CHRIST, SEEKS TO GLORIFY GOD BY PREPARING STUDENTS TO BE SERVANT-LEADERS IN THE CHURCH AND WORLD. 0 0 1766267 1140318 EDUCATIONAL - INCLUDING TWO AND FOUR YEAR DEGREES. MAIN EMPHASIS ON BIBLICAL STUDIES. 2013-2014 FALL SEMESTER ENROLLMENT WAS APPROX. 210 STUDENTS. 2013-2014 SPRING SEMESTER ENROLLMENT WAS APPROX. 190 STUDENTS. 912510 760307 AUXILIARY SERVICES INCLUDING CAFETERIA, BOOKSTORE AND HOUSING FACILITIES. FOR THE 2013-2014 FALL SEMESTER, STUDENT HOUSING WAS PROVIDED FOR 99 STUDENTS. FOR THE 2013-2014 SPRING SEMESTER, STUDENT HOUSING WAS PROVIDED FOR 99 STUDENTS. 2678777 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 12 0 1 153 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X JAMES A LOCKWOOD 5173210242 6211 W WILLOW HIGHWAY LANSING MI 48917 TROY BANCROFT TRUSTEE 5.00 X 0 0 0 ANDY GERHART TRUSTEE 5.00 X 0 0 0 EMORY JOHNSON TRUSTEE 5.00 X 0 0 0 SCOTT MONETTE TRUSTEE 5.00 X 0 0 0 JAMIE WETZEL TRUSTEE 5.00 X 0 0 0 JULIA DALE TRUSTEE 5.00 X 0 0 0 JERRY CRIST TRUSTEE 5.00 X 0 0 0 KEITH WISE TRUSTEE 5.00 X 0 0 0 MIKE BLAKELY TRUSTEE 5.00 X 0 0 0 KEITH PETERS TRUSTEE 5.00 X 0 0 0 MICHAEL VICKERS TRUSTEE 5.00 X 0 0 0 TY STEWART TRUSTEE 5.00 X 0 0 0 TOM SNIVLEY TRUSTEE 5.00 X 0 0 0 BRIAN WALTER TRUSTEE 5.00 X 0 0 0 RICK STACY PRESIDENT 5.00 X X 0 0 0 MARK CHRISTIAN VICE PRESIDENT 5.00 X X 0 0 0 LEE BRACEY TREASURER 5.00 X X 0 0 0 ANN JOHNSTON SECRETARY 5.00 X X 0 0 0 JAMES A LOCKWOOD VP FINANCE/OPERATIONS(EFFEC.10/1/13) 40.00 X 17379 0 789 WILLIAM D BROSSMANN VP FINANCE/OPERATIONS(ENDED 6/30/14) 40.00 X 44896 0 2260 LAWRENCE L CARTER PRESIDENT 40.00 X 95047 0 5237 157322 0 8286 0 0 0 0 GORDON FOOD SERVICE INC PAYMENT PROCESSING CENTER DEPT CH 1 PALATINE IL 600550490 FOOD SERVICE 157109 CREATIVE DINING SERVICES ONE ROYAL PARK DRIVE SUITE 3 ZEELAND MI 49464 FOOD SERVICE 142716 2 742889 941753 1684642 TUITION AND FEES 611600 947094 947094 AUXILLIARY SERVICES 900099 760307 760307 REGISTRATION AND FEES 611600 193224 193224 1900625 47645 47645 44161 0 44161 44161 44161 189263 189263 0 0 CELL TOWER INCOME 517000 12419 12419 12419 3689492 1900625 0 104225 165571 110182 48805 6584 1094304 730837 320278 43189 171 171 450637 279306 150821 20510 92421 63085 28472 864 3320 3320 23542 23542 19332 19332 15805 182 15623 60480 5493 48579 6408 340640 110556 193189 36895 221982 200936 21046 83593 43002 30799 9792 60847 60847 159076 159076 408729 408729 58610 50137 8473 CAFETERIA 301567 301567 MISCELLANEOUS 195413 58326 98486 38601 BOOKSTORE 64109 64109 REGISTRATIOIN & MEMBERS 25842 7554 3038 15250 24682 24682 3870673 2678777 1013803 178093 76912 187310 1013702 1201913 8768 14554 89080 187596 79751 77311 1447 10569264 5562231 5326905 5007033 0 200000 6595118 6877164 22988 82672 400000 2386200 2287955 176287 165691 2585475 2936318 X 3283841 3000714 210971 407384 514831 532748 4009643 3940846 6595118 6877164 -181181 112384 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 514831 17917 532748 481041 33790 514831 442503 38538 481041 432378 10125 442503 415454 16924 432378 0.00000 1.00000 0.00000 0 0 146700 146700 7126068 3291116 3834952 521151 387061 134090 1699681 1420490 279191 1075664 463564 612100 5007033 STUDENT DEPOSITS 16132 ANNUITY LIABILITY 149559 165691 X 3801876 112384 112384 3689492 0 3689492 3870673 0 3870673 0 3870673 PART V, LINE 4: THE INTEREST FROM PERMANENTLY RESTRICTED FUNDS IS USED FOR STUDENT SCHOLARSHIPS. OTHER ENDOWNMENT FUNDS ARE USED FOR OPERATIONAL REVENUES. PART X, LINE 2: IN PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 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 POLICY IS INCLUDED IN ALL COURSE CATALOGS, THE EMPLOYEE HANDBOOK AND THE BOARD OF TRUSTEES HANDBOOK. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM GOVERNMENTAL AGENCIES AS LISTED ON STATEMENT SUPPORTING LINE 1. PELL GRANTS 518,257 SEOG GRANTS 21,522 CWS GRANTS 27,439 STATE (MI) GRANTS 175,671 ----------- TOTAL 742,889 ----------- ----------- JUDITH CARTERLAWRENCE CARTER JUDITH IS THE WIFE OF LAWERENCE CARTER WHO IS AN OFFICER 29294 JUDITH WAS ISSUED FORM W-2 FOR WORK DONE AT GREAT LAKES CHRISTIAN COLLEGE. 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PER THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE VICE PRESIDENT OF FINANCE AND OPERATIONS RECEIVES AND REVIEWS FORM 990. THE 990 CAN BE PROVIDED ELECTRONICALLY OR BY HARD COPY TO THE FINANCE COMMITTEE. MEMBERS OF THE FINANCE COMMITTEE HAVE THE OPPORTUNITY TO ADDRESS ANY CONCERNS OR ISSUES WITH THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C A TRUSTEE WHO PERCEIVES THAT A CONFLICT OF INTEREST MAY EXIST SHALL MAKE FULL DISCLOSURE THEREOF TO THE BOARD AND THE TRUSTEE HAVING THE CONFLICT OF INTEREST SHALL ABSTAIN FROM VOTING ON ANY MATTER RELATED THERETO. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS SET AND ANNUALLY REVIEWED BY THE BOARD OF TRUSTEES. THE SALARY OF OTHER OFFICERS IS ANNUALLY REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARISONS TO THE SALARIES OF EMPLOYEES OF SIMILARLY SIZED COLLEGES ARE CONSIDERED DURING THE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. THE 990 IS PUBLIC INFORMATION THROUGH THE MICHIGAN ATTORNEY GENERAL'S OFFICE. FORM 990, PART XII, LINE 2C GREAT LAKES CHRISTIAN COLLEGE HAS A TRUSTEE FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.