WINGATE UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WINGATE UNIVERSITY (EIN 56-6049935)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2012-04-13
- IRS object ID
- 201201049349300625
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-13T13:55:15-05:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY & PULLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 N ELM ST STE 1100 | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566049935 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WING | NameControl |
| Phone | 7042338000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1 |
| City | WINGATE | City |
| State | NC | State |
| ZIP Code | 28174 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR JERRY E MCGEE | Name |
| Title | VP FOR BUSINESS, CFO | Title |
| Phone | 7042338000 | Phone |
| Date Signed | 2012-04-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ADRIENNE MCKINNEY | Name |
| Phone | 3362724551 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR JERRY E MCGEE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3105 | AddressLine1 |
| City | WINGATE | City |
| State | NC | State |
| ZIP Code | 28174 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 120602602 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WINGATE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1896 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 38 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 37 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1006 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8084466 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8060981 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 46599113 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 55230501 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1407973 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2520943 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1242774 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1713457 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 57334326 | TotalRevenuePriorYear |
| Total Revenue Current Year | 67525882 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 14003658 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19411825 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22389079 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24475799 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 803771 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 16210842 | OtherExpensePriorYear |
| Other Expenses Current Year | 17423358 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 52603579 | TotalExpensesPriorYear |
| Total Expenses Current Year | 61310982 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4730747 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6214900 | RevenuesLessExpensesCY |
| Total Assets BOY | 93460320 | TotalAssetsBOY |
| Total Assets EOY | 113942349 | TotalAssetsEOY |
| Total Liabilities BOY | 21058126 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33458587 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 72402194 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 80483762 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE CITIZENS AT HOME AND ABROAD. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 46002133 | Expense |
| Grants | 19411825 | Grants |
| Revenue | 56895768 | Revenue |
| Description | WINGATE UNIVERSITY SERVES STUDENTS ON THREE CAMPUSES IN WINGATE, MATTHEWS AND HENDERSONVILLE, N.C. THE UNIVERSITY OFFERS 34 UNDERGRADUATE MAJORS, 37 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGREES IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT ADMINISTRATION, AND DOCTORATES IN PHARMACY AND EDUCATION. DURING THE FISCAL YEAR ENDED MAY 31, 2011, ENROLLMENT FOR FALL AND SPRING SEMESTERS WAS 2,373 AND 2,229 STUDENTS, RESPECTIVELY, AND THE TOTAL NUMBER OF GRADUATES WAS 414 FOR THE FISCAL YEAR. FINANCIAL AID WAS RECEIVED BY 2,173 STUDENTS AND SCHOLARSHIPS WERE GRANTED TO 1,620 STUDENTS. | Description |
| Total Program Service Expense | 46002133 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 193 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1006 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 38 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 37 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM H DURHAM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7042338000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1 |
| City | WINGATE | City |
| State | NC | State |
| ZIP Code | 28174 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (59 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| EVELYN W BINGHAM | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR RUSSELL W BOOKER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GEORGE C BOWER JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| REBECCA BULLARD | |||||||
| ASST SECRETARY, TRUSTEE | 0.50 | X | 0 | 0 | 0 | X | |
| PORTER B BYRUM | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LARRY W CARROLL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DANNY DAVIS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| J BROOKS DAVIS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CC DICKSON JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ELONA L EDWARDS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ANN P FERGUSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HENRY E FRYE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JIM FURMAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| MEREDITH O GALVIN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HENRY GAYE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| AGNES B GOLDSTON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| H CLARK GOODWIN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM F HARRIS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CLIFFORD E HEMINGWAY JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DON HILL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JEWELL D HOOVER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CHARLES HOWARD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOSEPH C HUNTER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| THOMAS J KEAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| H JOE KING JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOHN A KING II | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| THOMAS J KOONTZ MD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JACK C LAIL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LAZELLE MARKS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JAMES MASON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM MAST | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DURAN G MCDONALD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LUTHER T MOORE | |||||||
| SECRETARY, TRUSTEE | 0.50 | X | 0 | 0 | 0 | X | |
| JOSEPH H PATTERSON | |||||||
| VICE CHAIR, TRUSTEE | 0.50 | X | 0 | 0 | 0 | X | |
| CLAUDIA S ROBINETTE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SKIP SMITH | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JIMMY K STEGALL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DONALD C TAFT | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| BOBBY TAMPLIN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EVELYN V TAYLOR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CHARLIE TUCKER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DEIDRE VICK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JARVIS A WARREN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WP WATSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SAMUEL K WELBORN JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EDWARD L WEST | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| THOMAS E WILLIAMS | |||||||
| CHAIR, TRUSTEE | 0.50 | X | 0 | 0 | 0 | X | |
| C THOMAS WILSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR JERRY E MCGEE | |||||||
| PRESIDENT | 40.00 | 1195828 | 0 | 29420 | X | ||
| CHARLES E TAYLOR JR | |||||||
| VP FOR BUSINESS, CFO | 40.00 | 144252 | 0 | 21742 | X | ||
| DR MARTHA S ASTI | |||||||
| VP FOR ACADEMIC AFFAIRS | 40.00 | 105281 | 0 | 18843 | X | ||
| T RHETT BROWN | |||||||
| DEAN OF ENROLLMENT MGMT | 40.00 | 115000 | 0 | 18682 | X | ||
| VINCENT TILSON | |||||||
| VP FOR RESOURCE DEVELOPMENT | 40.00 | 113497 | 0 | 11554 | X | ||
| ROBERT STEVEN POSTON | |||||||
| VP & ATHLETIC DIRECTOR | 40.00 | 96022 | 0 | 10547 | X | ||
| ROBERT B SUPERNAW | |||||||
| DEAN-SCHOOL OF PHARMACY | 40.00 | 206456 | 0 | 26979 | X | ||
| CAROLYN FORD | |||||||
| PROF-SCHOOL OF PHARMACY | 40.00 | 124256 | 0 | 13465 | X | ||
| SAMIR A KOUZI | |||||||
| PROF-SCHOOL OF PHARMACY | 40.00 | 112790 | 0 | 19948 | X | ||
| GREGORY ALSTON | |||||||
| ASSOC PROF-SCHOOL OF PHARMACY | 40.00 | 112730 | 0 | 10548 | X | ||
| MICHAEL L MANOLAKIS | |||||||
| ASSOC PROF-SCHOOL OF PHARMACY | 40.00 | 105386 | 0 | 10548 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2431498 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 192276 | TotalOtherCompensation |
| Number Individuals GT100 K | 20 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CM BLACK CONSTRUCTION CO | |||||
| 797 DAVIDSON DRIVE NE | CONCORD | NC | 28025 | CONSTRUCTION | 13229188 |
| ARAMARK SERVICES INC | |||||
| PO BOX 198532 | ATLANTA | GA | 30384 | FOOD SERVICE | 3242013 |
| YATES CHREITZBERG HUGHES ARCHITECTS | |||||
| 145 UNION STREET SOUTH | CONCORD | NC | 28025 | ARCHITECTS | 293811 |
| LGA INC | |||||
| 4201 CONGRESS STREET SUITE 400 | CHARLOTTE | NC | 28209 | PUBLIC RELATIONS | 285472 |
| BB&T INSURANCE SERVICES | |||||
| PO BOX 890635 | CHARLOTTE | NC | 28289 | INSURANCE SERVICES | 264569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 131509 | FundraisingEvents |
| Government Grants | 1823751 | GovernmentGrants |
| All Other Contributions | 6105721 | AllOtherContributions |
| Noncash Contributions | 240260 | NoncashContributions |
| Total Contributions | 8060981 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611310 | 42649233 | 42649233 |
| HOUSING | 611310 | 10880813 | 10880813 |
| BOOKSTORE REVENUE | 611310 | 1188727 | 1188727 |
| CAMPS & CONFERENCES | 611310 | 423957 | 423957 |
| FOOD SERVICE REVENUE | 611310 | 87771 | 87771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 55230501 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 694140 | TotalRevenueColumn |
| Exclusion | $694,140 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 74931 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 74931 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74931 | TotalRevenueColumn |
| Exclusion | $74,931 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 54866458 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 52987411 | Securities |
| Other | 52244 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1879047 | Securities |
| Other | -52244 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1826803 | TotalRevenueColumn |
| Exclusion | $1,826,803 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 10324 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 131509 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 37065 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -26741 | TotalRevenueColumn |
| Exclusion | -$26,741 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT FEES | 611310 | 756516 | 756516 |
| ATHLETIC INCOME | 611310 | 480515 | 480515 |
| PHARMACY SCHOOL | 611310 | 185364 | 185364 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 242872 | TotalRevenueColumn |
| Related Or Exempt Function Income | 242872 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1665267 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67525882 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56895768 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,569,133 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19411825 | Total |
| Program Services | 19411825 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 980225 | Total |
| Program Services | 314325 | ProgramServices |
| Management And General | 557885 | ManagementAndGeneral |
| Fundraising | 108015 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17586047 | Total |
| Program Services | 14733203 | ProgramServices |
| Management And General | 2449683 | ManagementAndGeneral |
| Fundraising | 403161 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 917481 | Total |
| Program Services | 743160 | ProgramServices |
| Management And General | 149091 | ManagementAndGeneral |
| Fundraising | 25230 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3702824 | Total |
| Program Services | 2999287 | ProgramServices |
| Management And General | 601709 | ManagementAndGeneral |
| Fundraising | 101828 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1289222 | Total |
| Program Services | 1044270 | ProgramServices |
| Management And General | 209499 | ManagementAndGeneral |
| Fundraising | 35453 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80390 | Total |
| Management And General | 80390 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61000 | Total |
| Management And General | 61000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141994 | Total |
| Management And General | 141994 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3961925 | Total |
| Program Services | 672666 | ProgramServices |
| Management And General | 3220679 | ManagementAndGeneral |
| Fundraising | 68580 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 294388 | Total |
| Program Services | 163819 | ProgramServices |
| Management And General | 130569 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3121030 | Total |
| Program Services | 992576 | ProgramServices |
| Management And General | 2128454 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1033913 | Total |
| Program Services | 934315 | ProgramServices |
| Management And General | 38094 | ManagementAndGeneral |
| Fundraising | 61504 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 487813 | Total |
| Management And General | 487813 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3066810 | Total |
| Management And General | 3066810 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174589 | Total |
| Management And General | 174589 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD SERVICE | 2567329 | 2567329 | |
| DEBT SERVICE | 1006819 | 1006819 | |
| PHARMACY | 963854 | 963854 | |
| RESIDENCE LIFE | 368501 | 368501 | |
| BOOKSTORE | 93003 | 93003 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61310982 | Total |
| Program Services | 46002133 | ProgramServices |
| Management And General | 14505078 | ManagementAndGeneral |
| Fundraising | 803771 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2947283 | BOY |
| EOY | 185613 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 6971982 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6879168 | BOY |
| EOY | 6999617 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 718301 | BOY |
| EOY | 1086039 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 662244 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 502635 | BOY |
| EOY | 477549 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316586 | BOY |
| EOY | 280792 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 106591289 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 37768106 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55770730 | BOY |
| EOY | 68823183 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 26943461 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24915277 | BOY |
| EOY | 1480654 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 748096 | BOY |
| EOY | 693459 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93460320 | BOY |
| EOY | 113942349 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3839747 | BOY |
| EOY | 4360099 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14470000 | BOY |
| EOY | 13170000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 13000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2748379 | BOY |
| EOY | 2928488 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21058126 | BOY |
| EOY | 33458587 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41130195 | BOY |
| EOY | 50412254 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11534864 | BOY |
| EOY | 9919427 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19737135 | BOY |
| EOY | 20152081 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72402194 | BOY |
| EOY | 80483762 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93460320 | BOY |
| EOY | 113942349 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6214900 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1866668 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24710442 | BeginningOfYearBalance |
| Contributions | 394151 | Contributions |
| Investment Earnings Or Losses | 3977544 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 524020 | GrantsOrScholarships |
| Other Expenditures | 86622 | OtherExpenditures |
| End Of Year Balance | 28471495 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22403555 | BeginningOfYearBalance |
| Contributions | 397046 | Contributions |
| Investment Earnings Or Losses | 2733416 | InvestmentEarningsOrLosses |
| Other Expenditures | 823575 | OtherExpenditures |
| End Of Year Balance | 24710442 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 30823082 | BeginningOfYearBalance |
| Contributions | 598431 | Contributions |
| Investment Earnings Or Losses | -7157882 | InvestmentEarningsOrLosses |
| Other Expenditures | 1860076 | OtherExpenditures |
| End Of Year Balance | 22403555 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.27560 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.72440 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 14413 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4267577 | OtherCostOrOtherBasis |
| Book Value | 4281990 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 85441485 | OtherCostOrOtherBasis |
| Depreciation | 25425847 | Depreciation |
| Book Value | 60015638 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 198697 | OtherCostOrOtherBasis |
| Depreciation | 119718 | Depreciation |
| Book Value | 78979 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15714145 | OtherCostOrOtherBasis |
| Depreciation | 11505797 | Depreciation |
| Book Value | 4208348 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 954972 | OtherCostOrOtherBasis |
| Depreciation | 716744 | Depreciation |
| Book Value | 238228 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 68823183 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATIONS | $118,012 |
| STUDENT AND STUDENT ORGANIZATION DEPOSITS | $2,060,246 |
| INTEREST RATE SWAP AGREEMENT | $750,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2928488 | TotalOfAmounts |
| Total Revenue | 67525882 | TotalRevenue |
| Total Expenses | 61310982 | TotalExpenses |
| Excess Or Deficit For Year | 6214900 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1750447 | NetUnrealizedGLOnInvestments |
| Other | $116,221 | OtherAmount |
| Total Adjustments | 1866668 | TotalAdjustments |
| Excess Or Deficit Per FS | 8081568 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 49954346 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1750447 | NetUnrealizedGainsInvestments |
| Other Revenues | -19217054 | OtherRevenues |
| Revenue Not Rptd F990 | -17466607 | RevenueNotRptdF990 |
| Revenue Subtotal | 67420953 | RevenueSubtotal |
| Investment Expenses Not Included | 141994 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -37065 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 104929 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 67525882 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41794228 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 37065 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 37065 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41757163 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 141994 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 19411825 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19553819 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 61310982 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE USED AS DIRECTED BY DONOR STIPULATION AND APPLICABLE LAWS. THESE RESOURCES FUND SCHOLARSHIPS AND GRANTS, PLANT FACILITIES, AND OTHER PROGRAMS AND INITIATIVES THAT FURTHER THE VISION AND MISSION OF THE UNIVERSITY. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("FASB ASC"). |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 184,125. LOSS ON INTEREST RATE SWAP AGREEMENTS -67,904. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | WINGATE UNIVERSITY FOUNDATION REVENUES INCLUDED IN CONSOLIDATION 78,550. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 184,125. RECLASSIFICATION OF INSTITUTIONAL AND STATE CONTRACTUAL GRANTS -19,411,825. LOSS ON INTEREST RATE SWAP AGREEMENTS -67,904. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES -37,065. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES 37,065. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF INSTITUTIONAL AND STATE CONTRACTUAL GRANTS 19,411,825. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 6 | ReturnReference |
| Explanation | TO FURTHER EDUCATIONAL MISSIONS, WINGATE UNIVERSITY RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE PROGRAMS IN SUPPORT OF ITS STUDENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DAY FOR WINGATE | NameOfEvent1 |
| Gross Receipts Event1 | 79535 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 79535 | CharitableContributionsEvent1 |
| Other Direct Expenses Event1 | 5222 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF TOURNAMENT | NameOfEvent2 |
| Gross Receipts Event2 | 58049 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 48200 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 9849 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 12000 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 16069 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 137584 | GrossReceiptsTotal |
| Charitable Contributions Total | 127735 | CharitableContributionsTotal |
| Gross Revenue Total Events | 9849 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 12000 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 21291 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 33291 | DirectExpenseSummaryEvents |
| Net Income Summary | -23442 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| ENDOWED SCHOLARSHIPS | 165 | 524020 |
| RESTRICTED ANNUAL SCHOLARSHIPS | 310 | 544817 |
| STATE GRANTS | 663 | 1628101 |
| ATHLETIC SCHOLARSHIPS | 351 | 2341929 |
| CHURCH RELATED SCHOLARSHIPS | 14 | 25070 |
| ACADEMIC SCHOLARSHIPS | 1644 | 12942410 |
| NEED BASED SCHOLARSHIPS | 404 | 1405478 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR JERRY E MCGEE | |||||||||||||
| 375408 | 0 | 42500 | 0 | 777920 | 0 | 26000 | 0 | 3420 | 0 | 1225248 | 0 | 0 | 0 |
| CHARLES E TAYLOR JR | |||||||||||||
| 138752 | 0 | 5500 | 0 | 0 | 0 | 11194 | 0 | 10548 | 0 | 165994 | 0 | 0 | 0 |
| ROBERT B SUPERNAW | |||||||||||||
| 201956 | 0 | 4500 | 0 | 0 | 0 | 16431 | 0 | 10548 | 0 | 233435 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | DR. JERRY E. MCGEE, PRESIDENT, HAS SOCIAL CLUB DUES OF $5,526 AND HOUSING ALLOWANCE OF $43,800 INCLUDED IN HIS REPORTABLE COMPENSATION. | Explanation |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 750 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 19 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 79435 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 104160 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (7 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | PHARMACY EQUIPMENT | 4 | 13078 | FAIR MARKET VALUE |
| X | ATHLETIC EQUIPMENT | 7 | 9813 | FAIR MARKET VALUE |
| X | GOLF TOURNAMENT FEES | 1 | 12000 | COST |
| X | PHOTOGRAPHY | 14 | 3835 | FAIR MARKET VALUE |
| X | LIBRARY AUCTION ITEMS | 23 | 3774 | FAIR MARKET VALUE |
| X | HOTEL ROOMS | 1 | 780 | COST |
| X | MISCELLANEOUS | 8 | 12635 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | PART I, COLUMN (B): | THE NUMBER OF CONTRIBUTIONS IS REPORTED AS THE NUMBER OF CONTRIBUTIONS. |
| THIRD PARTY USE: | PART I, LINE 32B: | THE UNIVERSITY USES A REALTOR TO ASSIST IN SELLING CONTRIBUTED REAL PROPERTY. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SUBMISSION. | |
| THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES AND KEY EMPLOYEES. EACH PERSON INFORMS WINGATE OF ANY POSSIBLE CONFLICT ON THE FORM THEY SIGN. THE CONFLICT OF INTEREST POLICY APPLIES ON MAJOR CONTRACTUAL ARRANGEMENTS WHERE OFFICERS, TRUSTEES, OR KEY EMPLOYEES HAVE AN INTEREST, TOTAL DISCLOSURE TO DECISION MAKER IS MADE. THE AFFECTED INDIVIDUAL RECUSES HIM/HERSELF FROM PARTICIPATION IN DISCUSSION AND VOTING ON THE MATTER. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE EXECUTIVE ADVISORY COMMITTEE OF THE BOARD OF TRUSTEES ("EAC") CONTRACTED WITH AN EXECUTIVE COMPENSATION CONSULTANT TO CONDUCT A COMPREHENSIVE EXECUTIVE COMPENSATION STUDY. THE CONSULTANT COMPARED THE EXECUTIVE SALARIES OF A PEER GROUP OF TEN (10) UNIVERSITIES IN NORTH CAROLINA, SOUTH CAROLINA AND TENNESSEE WITH THOSE AT WINGATE UNIVERSITY. THE CONSULTANT SUBMITTED THE DATA AND ASSESSMENT TO THE EAC. THE ASSESSMENT CONCLUDED THAT THE COMPENSATION FOR THE PRESIDENT AND THE PRESIDENT'S CABINET WAS CONSISTENT WITH THE PEER GROUP, AS WELL AS APPROPRIATE IN THE CONTEXT OF MARKET CONDITIONS FOR HIGHER EDUCATION IN THE CAROLINAS. ON THE BASIS OF THESE FINDINGS, THE EAC MADE COMPENSATION RECOMMENDATIONS TO THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE, WHICH APPROVED THE RECOMMENDATIONS. THE COMPENSATION RECOMMENDATIONS WERE THEN SUBMITTED TO THE ENTIRE BOARD OF TRUSTEES, WHERE THE RECOMMENDATIONS WERE APPROVED AND IMPLEMENTED. | FORM 990, PART VI, SECTION B, LINE 15 | |
| SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,750,447. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 184,125. LOSS ON INTEREST RATE SWAP AGREEMENTS -67,904. TOTAL TO FORM 990, PART XI, LINE 5: 1,866,668. | FORM 990, PART XI, LINE 5: |
| THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE PRIOR YEAR. | FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1 |
| City | WINGATE | City |
| State | NC | State |
| ZIP Code | 28174 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561559907 | EIN |
| Primary Activities | ORGANIZED SOLELY FOR THE BENEFIT OF WINGATE UNIVERSITY | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11B, II | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |