LEE UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LEE UNIVERSITY (EIN 62-0502739)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-02
- IRS object ID
- 201230629349301583
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-02T14:09:47-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH DECOSIMO AND COMPANY PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 TALLAN FINANCIAL CENTER | AddressLine1 |
| City | CHATTANOOGA | City |
| State | TN | State |
| ZIP Code | 37402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620502739 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEEU | NameControl |
| Phone | 4236148000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 NORTH OCOEE STREET | AddressLine1 |
| City | CLEVELAND | City |
| State | TN | State |
| ZIP Code | 37311 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS CONINE | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 4236148102 | Phone |
| Date Signed | 2012-03-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J ROBERT WHEAT JR | Name |
| Phone | 4237567100 | 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 | CHRIS CONINE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 NORTH OCOEE STREET | AddressLine1 |
| City | CLEVELAND | City |
| State | TN | State |
| ZIP Code | 373114475 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 77984857 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LEEUNIVERSITY.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1918 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | LEE UNIVERSITY IS A CHRISTIAN INSTITUTION WHICH OFFERS LIBERAL ARTS AND PROFESSIONAL EDUCATION ON BOTH THE BACCALAUREATE AND MASTER'S LEVELS.THE MISSION PROVIDES A FOUNDATION FOR LEE'S EMPHASIS ON TEACHING EXCELLENCE, THE RESIDENTIAL CAMPUS EXPERIENCE, A COMMITMENT TO DIVERSITY, AND ACCESS FOR A WIDE RANGE OF STUDENTS. LEE SEEKS TO NURTURE THE INDIVIDUAL STUDENT HOLISTICALLY, AND FACULTY AND STAFF INVOLVEMENT WITH STUDENTS IN AND OUT OF THE CLASSROOM IS A PRIORITY. AS THE MISSION STATEMENT CONTINUES:THE FOUNDATIONAL PURPOSE OF ALL EDUCATIONAL PROGRAMS IS TO DEVELOP WITHIN THE STUDENTS KNOWLEDGE, APPRECIATION, UNDERSTANDING, ABILITY AND SKILLS WHICH WILL PREPARE THEM FOR RESPONSIBLE CHRISTIAN LIVING IN THE MODERN WORLD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2114 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 13134644 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7966127 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 62119156 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 66919549 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -425090 | InvestmentIncomePriorYear |
| Investment Income Current Year | 314885 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 74828710 | TotalRevenuePriorYear |
| Total Revenue Current Year | 75200561 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13719316 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14960552 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24826587 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26662476 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 896497 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 26570262 | OtherExpensePriorYear |
| Other Expenses Current Year | 28971959 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 65116165 | TotalExpensesPriorYear |
| Total Expenses Current Year | 70594987 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 9712545 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4605574 | RevenuesLessExpensesCY |
| Total Assets BOY | 128783086 | TotalAssetsBOY |
| Total Assets EOY | 139104832 | TotalAssetsEOY |
| Total Liabilities BOY | 30806610 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 36081613 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 97976476 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 103023219 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | LEE UNIVERSITY IS A PRIVATE, COMPREHENSIVE UNIVERSITY LOCATED IN CLEVELAND, TENNESSEE. THE UNIVERSITY IS OPERATED UNDER THE AUSPICES OF THE CHURCH OF GOD AND IS GOVERNED BY A BOARD OF TRUSTEES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 21483794 | Expense |
| Revenue | 56776353 | Revenue |
| Description | INSTRUCTIONAL EXPENSES - INSTRUCTION IS PROVIDED TO APPROXIMAITELY 3,783 FULL TIME EQUIVALENT STUDENTS IN VARIOUS PROGRAMS THROUGHOUT THE ACADEMIC YEAR. THIS INCLUDES BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18549584 | Expense |
| Grants | 14960552 | Grants |
| Description | ACADEMIC SUPPORT - PROVIDES SUPPORT SERVICES TO VARIOUS ATTENDEES OF THE UNIVERSITY, AS WELL AS, SUPPORT OF PROGRAMS WITHIN THE UNIVERSITY. ACADEMIC SUPPORT INCLUDES FACULTY DEVELOPMENT, THE LIBRARY AND RESEARCH CENTERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7837702 | Expense |
| Description | STUDENT SERVICES - PROVIDES SERVICES TO ENROLLED STUDENTS INCLUDING STUDENT ATHLETICS, HEALTH CLINIC, SPIRITUAL LIFE PROGRAMS, RESIDENTIAL LIFE PROGRAMS, ETC. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8249918 | Expense |
| Revenue | 10143196 | Revenue |
| Description | AUXILIARY SERVICES - OPERATED FOR THE CONVENIENCE OF STUDENTS, FACULTY, AND STAFF. INCLUDING RESIDENCE HALLS, DINING HALLS, CAMPUS BOOKSTORE, AND THE TELEPHONE SYSTEM | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 8249918 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 10143196 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 56120998 | 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | 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 | 182 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2114 | 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 | 1 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | 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 |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRIS CONINE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4236148000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 NORTH OCOEE STREET | AddressLine1 |
| City | CLEVELAND | City |
| State | TN | State |
| ZIP Code | 37311 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 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 |
|---|---|---|---|---|---|---|---|
| MR ROBERT DAUGHERTY II | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DR MIKE BAKER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR CECIL BROWN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MRS PATRICIA CARROLL | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR H BERNARD DIXON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR BILL W HIGGINBOTHAM | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR HECTOR DIAZ | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR JERRY MADDEN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR DENNIS LIVINGSTON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| REVEREND RONALD D MARTIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR BYRON MEDLIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR MARK WALKER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR GARY SHARP | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR LEE STORMS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MR MARK HARRIS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL CONN | |||||||
| PRESIDENT | 40.00 | 151060 | 0 | 48482 | X | X | |
| CHRIS CONINE | |||||||
| VP FOR BUSINESS AND FINANC | 40.00 | 111833 | 0 | 30515 | X | ||
| CAROLYN DIRKSEN | |||||||
| VP FOR ACADEMICS | 40.00 | 91454 | 0 | 10937 | X | ||
| WALT MAULDIN | |||||||
| VP FOR STUDENT LIFE | 40.00 | 101056 | 0 | 15278 | X | ||
| HOWARD HAMMOND | |||||||
| VP | 40.00 | 69227 | 0 | 22721 | X | ||
| MICHAEL HAYES | |||||||
| VP | 40.00 | 79723 | 0 | 8290 | X | ||
| PHILLIP COOK | |||||||
| VP | 40.00 | 74199 | 0 | 20113 | X | ||
| JAYSON VANHOOK | |||||||
| VP | 40.00 | 74851 | 0 | 15136 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 753403 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 171472 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | 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 | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | CountryAddressOfContractor/AddressForeign/Country | Postal CodeAddressOfContractor/AddressForeign/PostalCode |
|---|---|---|---|---|---|---|---|---|---|
| TRICON INC | |||||||||
| 2040 N OCOEE ST | CLEVELAND | TN | 37311 | CONTRACTOR FOR CONSTRUCTING BUILDINGS | 6433377 | ||||
| SODEXO INC | |||||||||
| 9911 ROSE COMMONS DRIVE | HUNTERSVILLE | NC | 28078 | FOOD SERVICES | 3271791 | ||||
| TYNEDALE GROUP TRAVEL | |||||||||
| TRAVEL AGENT | 603975 | TOWNFOOT GARAGE HALTWHISTLE | NORTHUMBERLAND | UK | NE49 OEJ | ||||
| RL HANEY CONSTRUCTION INC | |||||||||
| 693 PARAGON PKWY | CLEVELAND | TN | 37312 | BUILDING AND REPAIR WORK | 514696 | ||||
| DATATEL INC | |||||||||
| 4375 FAIR LAKES COURT | FAIFFAX | VA | 22033 | IT SERVICES | 417249 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
| Government Grants | 499891 | GovernmentGrants |
| All Other Contributions | 7466236 | AllOtherContributions |
| Noncash Contributions | 450 | NoncashContributions |
| Total Contributions | 7966127 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 54231199 | 54231199 |
| RESIDENCE HALLS | 611710 | 6156444 | 6156444 |
| DINING HALL | 611710 | 3482924 | 3482924 |
| LUDIC | 611710 | 191279 | 191279 |
| CAMPUS STORE | 611710 | 186571 | 186571 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2671132 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2671132 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 66919549 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 214283 | TotalRevenueColumn |
| Exclusion | $214,283 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2884898 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2654329 | Securities |
| Other | 129967 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 230569 | Securities |
| Other | -129967 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100602 | TotalRevenueColumn |
| Exclusion | $100,602 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 75200561 | TotalRevenueColumn |
| Related Or Exempt Function Income | 66919549 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $314,885 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14960552 | Total |
| Program Services | 14960552 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 686191 | Total |
| Program Services | 561999 | ProgramServices |
| Management And General | 123766 | ManagementAndGeneral |
| Fundraising | 426 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22645066 | Total |
| Program Services | 18546242 | ProgramServices |
| Management And General | 4028960 | ManagementAndGeneral |
| Fundraising | 69864 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1681741 | Total |
| Program Services | 1154319 | ProgramServices |
| Management And General | 527422 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1649478 | Total |
| Program Services | 1368256 | ProgramServices |
| Management And General | 281222 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9981 | Total |
| Program Services | 3600 | ProgramServices |
| Management And General | 6381 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22777 | Total |
| Management And General | 22777 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63479 | Total |
| Management And General | 63479 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 262601 | Total |
| Management And General | 262601 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 546838 | Total |
| Program Services | 122826 | ProgramServices |
| Management And General | 424012 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899898 | Total |
| Program Services | 493184 | ProgramServices |
| Management And General | 406714 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1110527 | Total |
| Program Services | 868008 | ProgramServices |
| Management And General | 242519 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84234 | Total |
| Program Services | 69051 | ProgramServices |
| Management And General | 15183 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 900 | Total |
| Program Services | 900 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254856 | Total |
| Program Services | 254856 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1122895 | Total |
| Program Services | 640366 | ProgramServices |
| Management And General | 482529 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 751118 | Total |
| Program Services | 559800 | ProgramServices |
| Management And General | 191318 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491426 | Total |
| Program Services | 491426 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4449854 | Total |
| Program Services | 4059946 | ProgramServices |
| Management And General | 389908 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1958191 | Total |
| Program Services | 1558172 | ProgramServices |
| Management And General | 400019 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT & CAMPUS ACTIVI | 6840735 | 3203195 | 2811333 | 826207 |
| UTILITIES | 3420956 | 2558333 | 862623 | |
| FOOD SERVICES | 2967071 | 2316974 | 650097 | |
| OPERATIONS AND MAINTENA | 2391519 | 1694051 | 697468 | |
| BAD DEBTS | 349185 | 349185 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 972918 | Total |
| Program Services | 634942 | ProgramServices |
| Management And General | 337976 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70594987 | Total |
| Program Services | 56120998 | ProgramServices |
| Management And General | 13577492 | ManagementAndGeneral |
| Fundraising | 896497 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2199620 | BOY |
| EOY | 3224071 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1629610 | BOY |
| EOY | 500000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2086441 | BOY |
| EOY | 1953505 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2494764 | BOY |
| EOY | 2669869 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65975 | BOY |
| EOY | 105319 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 150030439 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 30346555 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111470219 | BOY |
| EOY | 119683884 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8417035 | BOY |
| EOY | 10579821 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 419422 | BOY |
| EOY | 388363 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128783086 | BOY |
| EOY | 139104832 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2948050 | BOY |
| EOY | 3681632 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1659465 | BOY |
| EOY | 1840217 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 20157707 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20860428 | BOY |
| EOY | 3318985 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5338667 | BOY |
| EOY | 7083072 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30806610 | BOY |
| EOY | 36081613 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88246236 | BOY |
| EOY | 91593560 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2869432 | BOY |
| EOY | 3371121 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6860808 | BOY |
| EOY | 8058538 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97976476 | BOY |
| EOY | 103023219 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128783086 | BOY |
| EOY | 139104832 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4605574 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 441169 | 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 Separate | X | FinancialStatementSeparate |
| 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 | 8529291 | BeginningOfYearBalance |
| Contributions | 1092104 | Contributions |
| Investment Earnings Or Losses | 1179374 | InvestmentEarningsOrLosses |
| End Of Year Balance | 10800769 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7997340 | BeginningOfYearBalance |
| Contributions | 320161 | Contributions |
| Investment Earnings Or Losses | 311790 | InvestmentEarningsOrLosses |
| Other Expenditures | 100000 | OtherExpenditures |
| End Of Year Balance | 8529291 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9039820 | BeginningOfYearBalance |
| Contributions | 294802 | Contributions |
| Investment Earnings Or Losses | -721672 | InvestmentEarningsOrLosses |
| Other Expenditures | 615610 | OtherExpenditures |
| End Of Year Balance | 7997340 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.19570 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.80430 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16736831 | OtherCostOrOtherBasis |
| Book Value | 16736831 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 88120056 | OtherCostOrOtherBasis |
| Depreciation | 15305037 | Depreciation |
| Book Value | 72815019 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23212973 | OtherCostOrOtherBasis |
| Depreciation | 7316753 | Depreciation |
| Book Value | 15896220 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12521272 | OtherCostOrOtherBasis |
| Depreciation | 5730583 | Depreciation |
| Book Value | 6790689 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9439307 | OtherCostOrOtherBasis |
| Depreciation | 1994182 | Depreciation |
| Book Value | 7445125 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 119683884 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET CASH ACCOUNTS | 2094543 | F |
| CERTIFICATE OF DEPOSITS | 811200 | F |
| COMMON STOCKS | 3561085 | F |
| INTERNATIONAL EQUITY FUNDS | 1062796 | F |
| U.S. GOVERNMENT INSTRUMENTS | 3050197 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 10579821 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIFE INCOME FUNDS | $67,179 |
| LOAN ADVANCES-PERKINS LOANS | $2,412,711 |
| AGENCY FUNDS/STUDENT DEPOSITS | $810,916 |
| LINE OF CREDIT | $2,600,000 |
| INTEREST RATE SWAP OBLIGATION | $530,219 |
| CAPITAL LEASE OBLIGATIONS | $662,047 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7083072 | TotalOfAmounts |
| Total Revenue | 75200561 | TotalRevenue |
| Total Expenses | 70594987 | TotalExpenses |
| Excess Or Deficit For Year | 4605574 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 730330 | NetUnrealizedGLOnInvestments |
| Other | -$289,161 | OtherAmount |
| Total Adjustments | 441169 | TotalAdjustments |
| Excess Or Deficit Per FS | 5046743 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 61100306 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 730330 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 730330 | RevenueNotRptdF990 |
| Revenue Subtotal | 60369976 | RevenueSubtotal |
| Other Revenues Not Included | 14830585 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 14830585 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 75200561 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 56053563 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 419128 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 419128 | ExpensesNotRptdF990 |
| Expenses Subtotal | 55634435 | ExpensesSubtotal |
| Other Expenses Not Included | 14960552 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 14960552 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 70594987 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT EARNINGS ARE FOR SCHOLARSHIPS ONLY. IF THE TOTAL ALLOCATED EARNINGS ARE NOT AWARDED WITHIN THE YEAR, THEY ARE HELD IN THE TEMPORARILY RESTRICTED FUND AND AWARDED IN SUBSEQUENT YEARS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OBLIGATION -214,161. IMPAIRMENT LOSS -75,000. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AWARDED, NETTED AGAINST TUITION & FEES ON FINANCIAL STATEMENTS 14,960,552. LOSS ON DISPOSAL OF PLANT, PROPERTY, AND EQUIPMENT -129,967. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSETS 129,967. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OBLIGATION 214,161. IMPAIRMENT LOSS 75,000. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AWARDED, NETTED AGAINST TUITION & FEES ON FINANCIAL STATEMENTS 14,960,552. |
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 | RECEIVES FEDERAL FINANCIAL AID | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP ALLOWANCES TO STUDENTS | TypeOfGrant |
| Number Of Recipients | 3369 | NumberOfRecipients |
| Amount Of Cash Grant | 14960552 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Payments For Use Of Residence | X | PaymentsForUseOfResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | PAUL CONN | NamePerson |
| Base Compensation Filing Org | 107012 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 1500 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 42548 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 33225 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 15257 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 199542 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 194469 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| LEE UNIVERSITY | ||||||
| 620502739 | 2010-10-15 | 8960158 | TO REFINANCE SEVEN OUTSTANDING LOANS INTO ONE TAX-EXEMPT BOND | 0 | 1 | 0 |
| LEE UNIVERSITY | ||||||
| 620502739 | 2009-03-18 | 6400000 | TO FINANCE THE CONSTRUCTION OF THE SCIENCE AND MATH COMPLEX | 0 | 1 | 0 |
| LEE UNIVERSITY | ||||||
| 620502739 | 2010-12-09 | 9100000 | TO FINANCE PROPERTY ACQUISITIONS AND DORM CONSTRUCTION | 0 | 1 | 0 |
| LEE UNIVERSITY | ||||||
| 620502739 | 2008-08-12 | 1494673 | TO FINANCE CONSTRUCTION OF DINING HALL AND DORM | 0 | 1 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 1344024 | 8960158 | 32898 | 8927260 | 2008 | 1 | 0 | 1 | 1 |
| 637831 | 6400000 | 51902 | 6348098 | 2010 | 0 | 0 | 1 | 1 |
| 111600 | 9100000 | 100000 | 3500000 | 2011 | 0 | 0 | 0 | 1 |
| 1370335 | 1494673 | 4583 | 1448830 | 2008 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| REGIONS BANK | ||||||||
| 0 | 1 | 1 | 4.300000000000 | 1 | 0 | 0 | 0 | 1 |
| (no name) | ||||||||
| 0 | 1 | 0 | 0 | 0 | 1 | |||
| BB&T | ||||||||
| 0 | 1 | 1 | 9.500000000000 | 1 | 0 | 0 | 0 | 1 |
| (no name) | ||||||||
| 0 | 0 | 0 | 0 | 0 | 1 | |||
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RAYMOND CONN | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | RAYMOND IS THE BROTHER OF THE PRESIDENT OF THE UNIVERSITY | Relationship |
| Amount Of Transaction | 6446210 | AmountOfTransaction |
| Description Of Transaction | THE UNIVERSITY HAS A MEMBER OF ITS ADMINISTRATION WHO HAS A RELATIVE WITH A FINANCIAL INTEREST IN A CONSTRUCTION COMPANY WHICH THE UNIVERSITY HAS ENGAGED TO PERFORM CERTAIN CONTRUCTION PROJECTS. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE UNIVERSITY HAS A MEMBER OF ITS ADMINISTRATION WHO HAS A RELATIVE WITH A FINANCIAL INTEREST IN A CONSTRUCTION COMPANY WHICH THE UNIVERSITY WAS ENGAGED TO PERFORM CONSTRUCTION PROJECTS. THE AMOUNT DUE TO THE CONSTRUCTION COMPANY FOR CONSTRUCTION COSTS INCURRED AS OF JUNE 30, 2011 AND 2010, TOTALED $168,549 AND $125,000, RESPECTIVELY, AND AMOUNTS PAID TO THE COMPANY TOTALED $6,446,210 AND $5,285,883 FOR THE YEARS ENDED JUNE 30, 2011 AND 2010, RESPECTIVELY. ALL CONTRACTS ARE SUBJECT TO BOARD APPROVAL. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE CPA AND VICE PRESIDENT OF THE UNIVERSITY. | |
| THE UNIVERSITY'S BOARD OF DIRECTORS DETERMINE AND APPROVE THE SALARY FOR KEY EMPLOYEES. THE PRESIDENT SUBMITS THE REQUEST TO THE BOARD FOR APPROVAL. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE POSTED ON THE HUMAN RESOURCES WEBSITE AND PUBLISHED IN THE FACULTY HANDBOOK AS WELL AS THE ADMINISTRATIVE AND SUPPORT STAFF HANDBOOK. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 730,330. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP OBLIGATION -214,161. IMPAIRMENT LOSS -75,000. TOTAL TO FORM 990, PART XI, LINE 5: 441,169. | FORM 990, PART XI, LINE 5: |
| NO CHANGE FROM PRIOR YEAR | FORM 990, PART XI, LINE 23C: |