2012-04-13T13:56:45-05:00 2011-05-31 CROSSLIN & ASSOCIATES PC 2525 WEST END AVE SUITE 1100 NASHVILLE TN 37203 990 2010-06-01 620465076 BELMONT UNIVERSITY BELM 6154606404 1900 BELMONT BLVD NASHVILLE TN 37203 STEVEN T LASLEY 6154606404 2012-04-13 1 RICHARD M WINSTEAD 6153205500 2010 2016-02-24 21:20:13Z STEVEN T LASLEY 1900 BELMONT BLVD NASHVILLE TN 37212 181245688 0 X WWW.BELMONT.EDU X 1951 TN BELMONT UNIVERSITY IS A PRIVATE, COEDUCATIONAL INSTITUTION FOCUSED PRINCIPALLY ON UNDERGRADUATE AND POST-GRADUATE EDUCATION TO THE INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. 43 43 2851 0 483769 -617927 5856246 16207985 134513022 153849388 1011155 3402473 4298468 5218819 145678891 178678665 19045578 21399404 0 0 65073322 69947870 0 0 2419831 35539285 37757889 119658185 129105163 26020706 49573502 354831961 405544483 121752575 113681242 233079386 291863241 BELMONT UNIVERSITY IS A PRIVATE, COEDUCATIONAL INSTITUTION FOCUSED PRINCIPALLY ON UNDERGRADUATE AND POST-GRADUATE EDUCATION TO THE INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. 0 0 72326664 21399404 135627952 INSTRUCTION - INSTRUCTION IS PROVIDED TO MORE THAN 6,400 STUDENTS,OFFERING MORE THAN 65 UNDERGRADUATE AND GRADUATE ADACEMIC PROGRAMSTHROUGH ITS SEVEN COLLEGES AND SCHOOLS. 20788481 13965027 STUDENT SERVICES - STUDENT SERVICES ARE PROVIDED TO MORE THAN6,400 STUDENTS ENROLLED IN THE SEVEN COLLEGES AND SCHOOLS. THISPROGRAM REVENUE IS USED TO PROVIDE FOR ALL ATHLETIC PROGRAMS ATTHE UNIVERSITY, AS WELL AS RESIDENCE LIFE, STUDENT ORGANIZATIONS,GREEK LIFE, BELMONT CENTRAL, ADMISSIONS, THE REGISTRAR, ANDSTUDENT FINANCIAL SERVICES. 15003966 4256409 AUXILIARY SERVICES - AUXILIARY SERVICES ARE OPERATED FOR THECONVENIENCE OF MORE THAN 6,400 STUDENTS AND MORE THAN 700 FACULTYAND STAFF. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, THEUNIVERSITY BOOKSTORE, THE CURB EVENT CENTER, AND THE BEAMANSTUDENT LIFE CENTER. 108119111 1 1 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 310 0 1 2851 1 1 1 0 0 0 0 1 1 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID RUNYAN 6154606404 1900 BELMONT BLVD NASHVILLE TN 37212 RANDALL BASKIN 1.00 X 0 0 0 LEE BEAMAN 1.00 X 0 0 0 JOHN BENZ 1.00 X 0 0 0 CATHERINE BIRD 1.00 X 0 0 0 TB BOYD 1.00 X 0 0 0 VINCENT CAMPBELL 1.00 X 0 0 0 DAN CROCKETT 1.00 X 0 0 0 MARTY DICKENS 3.00 X 0 0 0 DAN FOUTCH 1.00 X 0 0 0 BRENDA GILMORE 1.00 X 0 0 0 CORDIA HARRINGTON 1.00 X 0 0 0 STEVE HEWLETT 1.00 X 0 0 0 STEVE HORRELL 1.00 X 0 0 0 GORDON INMAN 1.00 X 0 0 0 JIM JHOLLEMAN 1.00 X 0 0 0 ROBERT JOHNSON 1.00 X 0 0 0 DON JONES 1.00 X 0 0 0 HELEN KENNEDY 1.00 X 0 0 0 RON KNOX 1.00 X 0 0 0 KEVIN LAVENDER 1.00 X 0 0 0 BILL LEE 1.00 X 0 0 0 CYNTHIA LEU 1.00 X 0 0 0 DREW MADDUX 1.00 X 0 0 0 BRUCE MAXWELL 1.00 X 0 0 0 CAROLYN MCAFEE 1.00 X 0 0 0 STUART MCWHORTER 1.00 X 0 0 0 JIM OMER 1.00 X 0 0 0 LARRY OTIS 1.00 X 0 0 0 CAROLYN PATTON 1.00 X 0 0 0 JIM REDD 1.00 X 0 0 0 BARBARA MASSEY ROGERS 1.00 X 0 0 0 JOE RUSSELL 1.00 X 0 0 0 ANNE RUSSELL 1.00 X 0 0 0 JOE SCARLETT 1.00 X 0 0 0 DANA SHERRARD 1.00 X 0 0 0 MIKE SMITH 1.00 X 0 0 0 LARRY THRAILKILL 1.00 X 0 0 0 TERRY TURNER 1.00 X 0 0 0 ROBERT WHISENANT 1.00 X 0 0 0 JIM WILKERSON 1.00 X 0 0 0 BRYAN WILLIAMS 1.00 X 0 0 0 EUGENIA WINWOOD 1.00 X 0 0 0 MARK WRIGHT 1.00 X 0 0 0 ROBERT C FISHER 60.00 X 761091 0 143212 STEVEN T LASLEY 50.00 X 219450 0 9716 BETHEL THOMAS 50.00 X 207600 0 6695 JASON ROGERS 50.00 X 206673 0 8783 MARCIA MCDONALD 50.00 X 149725 0 5244 SUSAN WEST 50.00 X 141750 0 8783 TODD LAKE 40.00 X 165704 0 8783 RICHARD BYRD 40.00 X 639361 0 89306 JAMES RAINES 40.00 X 279959 0 8783 JEFFREY KINSLER 40.00 X 267482 0 4828 PHILIP JOHNSTON 40.00 X 232195 0 8783 WESLEY BULLA 40.00 X 171442 0 5236 JOHN WILLIAMS 40.00 X 165337 0 6154 JIMMY DAVIS 40.00 X 161245 0 9599 MICHAEL STRICKLAND 40.00 X 160965 0 8783 JOE ALEXANDER 40.00 X 169045 0 8783 JEFFREY CORNWALL 40.00 X 204815 0 6652 SCOTT MCPHEE 40.00 X 168999 0 5244 JANE FINLEY 40.00 X 166027 0 5244 ROBERT LAMBERT 40.00 X 165493 0 6684 ERIC HOBSON 40.00 X 166131 0 8783 4970489 0 374078 21 0 1 0 R C MATHEWS CONTRACTOR LLC PO BOX 24687 NASHVILLE TN 37202 CONSTRUCTION-PRIMARILY COLLEGE OF LAW BL 12128233 CLAYCO 2199 INNERBELT BUSINESS CTR DR ST LOUIS MO 63114 CONSTRUCTION-PRIMARILY ROSE PARK 6332720 SODEXO 1900 BELMONT BLVD NASHVILLE TN 37212 FOOD SERVICES CONTRACTOR 5169279 EARL SWENSSON ASSOCIATES PO BOX 410628 NASHVILLE TN 372410628 CONSTRUCTION-PRIMARILY COLLEGE OF LAW BL 1525395 MBS TEXTBOOK EXCHANGE 2711 WEST ASH ST COLUMBIA MO 65203 UNIVERSITY BOOKSTORE TEXTBOOK CONTRACTOR 749576 5 1435300 14772685 16207985 TUITION AND FEES - INS 611310 134786833 134786833 RESIDENCE HALLS-STUDEN 611310 12830341 12830341 CONFS/SEMINARS/WORKSHO 611310 4256409 4256409 ATHLETIC DEPARTMENT-ST 611310 1134686 1134686 STUDIES ABROAD-INSTRUC 611310 841119 841119 153849388 1467162 1467162 259047 259047 259047 259047 1935311 1935311 1935311 1935311 3749274 2567023 1182251 1182251 CAFETERIA 111000 2879329 2879329 CURB EVENTS CENTER 711300 483769 483769 PHARMACY 446110 410073 410073 4350 4350 3777521 178678665 154263811 483769 7723100 21399404 21399404 2435497 683785 1751712 55950703 47022364 7360481 1567858 1684311 1390452 293859 5932694 3175030 2353511 404153 3944665 3240348 704317 52431 52431 84350 84350 1267218 1250683 258 16277 312495 194179 28234 90082 176597 155341 17356 3900 5496697 4586994 909703 3853153 3587370 240427 25356 34854 31853 3001 1771669 1771669 5141438 4742421 399017 867724 433862 433862 REPAIRS & MAINTENANCE 2890291 2173741 716550 PROFESSIONAL/CONTRACT S 2465754 1468796 941570 55388 DUES AND SUBSCRIPTIONS 2448514 2245396 193297 9821 EQUIPMENT 1260084 948887 301822 9375 REFRESHMENTS 1208626 582962 529096 96568 8425994 7033574 1251367 141053 129105163 108119111 18566221 2419831 7250 7700 26933797 38082842 7952005 13932753 1675498 1182141 200000 160000 3441612 3968190 803793 748763 640298 651013 341214479 78413119 238736560 262801360 73357238 83115084 1083910 894637 354831961 405544483 15041185 13519880 1627180 2223827 83800000 77300000 17221082 16541441 4063128 4096094 121752575 113681242 X 153684519 200881103 26160006 37032124 53234861 53950014 233079386 291863241 354831961 405544483 X 49573502 9210352 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 379550 X X X 0 65541914 738367 11206209 1653696 75832794 57630761 1194093 8430871 1713811 65541914 73889757 1805398 1665727 19730121 57630761 0.07830 0.71140 0.21020 0 0 18302910 18302910 257584981 43960964 213624017 30626957 24616349 6010608 34699631 9835806 24863825 262801360 INTEREST RATE SWAP 4096094 4096094 178678665 129105163 49573502 9210352 9210352 58783854 147702284 -21399404 -21399404 169101688 9576977 9576977 178678665 110272781 2567023 2567023 107705758 21399404 21399404 129105162 PART III, LINE 4: THE COLLECTION CONSISTS OF 2 YEMINI SCROLLS FROM THE MID 19TH CENTURY (APPROXIMATELY 150-175 YEARS OLD) THAT WERE GIVEN TO THE UNIVERSITY 4-5 YEARS AGO. THEY ARE SYNAGOGUE TORAH SCROLLS, HAND-WRITTEN ON PARCHMENT. THEY ARE STORED IN AN ARCHIVE ROOM IN THE LIBRARY, SINCE THEY CANNOT BE KEPT IN FIDELITY HALL BECAUSE OF STEAM HEAT. OCCASSIONALLY THEY ARE USED IN CLASSES TO SHOW THEM TO STUDENTS AND TALK ABOUT THEIR CHARACTERISTICS AND SIGNIFICANCE. THREE REPLICA STATUES WERE PURCHASED BY THE UNIVERSITY AND ARE PLACED THROUGHOUT THE CAMPUS IN AN EFFORT TO HELP THE CAMPUS APPEAR AS IT MAY HAVE LOOKED BACK WHEN THE MANSION WAS ORIGINALLY BUILT. ADDITIONALLY, THE UNIVERSITY PURCHASED SEVERAL PIECES OF ART WORK THAT ARE PLACED IN THE GORDON INMAN BUILDING. THEY WERE BOUGHT TO ENHANCE THE APPEARANCE OF THE INTERIOR, SINCE THE BUILDING WOULD BE USED FOR VARIOUS GATHERINGS BY THE PRESIDENT AND SENIOR LEADERSHIP. A MAJORITY OF THE VALUE OF THE COLLECTION LIES IN THE VALUE OF THE SCROLLS. (TOTAL VALUE OF THE COLLECTION ON THE BOOKS EQUALS $217,050 AND THE VALUE OF THE SCROLLS ON THE BOOKS IS $162,500.) PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE -21,399,404. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET GAIN ON ENDOWMENT 11,266,930. PRIVATE GIFTS & GRANTS 10,602,400. UNREALIZED GAINS -9,210,352. COGS -2,567,023. CHANGE IN VALUE OF INTEREST RATE SWAPS -32,966. CHANGE IN VALUE OF ANNUITY -482,012. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COGS 2,567,023. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 21,399,404. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE'S NONDISCRIMINATORY POLICY IS PRINTED IN THE "EMPLOYEE POLICIES AND PROCEDURES" MANUAL AS WELL AS THE STUDENT HANDBOOK. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE PERKINS LOAN PROGRAM IS A CAMPUS-BASED PROGRAM PROVIDING FINANCIAL ASSISTANCE TO ELIGIBLE POSTSECONDARY SCHOOL STUDENTS BASED ON FINANCIAL NEED. THE DEPARTMENT OF EDUCATION PROVIDES FUNDS ALONG WITH THE UNIVERSITY, WHICH ARE USED TO MAKE LOANS TO ELIGIBLE STUDENTS AT LOW INTEREST RATES. 1 NEED BASED - SCHOLARSHIPS FOR STUDENTS ATTENDING BELMONT UNIVERSITY THAT DEMONSTRATE A FINANCIAL NEED THROUGH INFORMATION COLLECTED FROM THE DOE ON THE FAFSA. 1569 4293331 MERIT AWARD - SCHOLARSHIPS FOR STUDENTS ATTENDING BELMONT UNIVERSITY AND ARE AWARDED BASED ON THE STUDENTS ACADEMIC RECORD OR DEMONSTRATED LEADERSHIP. 1896 9068435 ATHLETICS - SCHOLARSHIPS AWARDED TO STUDENT-ATHLETES WHO COMPETE FOR BELMONT UNIVERSITY. 305 4115802 ENDOWMENT S/S - SCHOLARSHIPS FOR STUDENTS ATTENDING BELMONT UNIVERSITY. THERE ARE APPROXIMATELY 266 ENDOWED SCHOLARSHIPS WITH NUMEROUS QUALIFICATION REQUIREMENTS, RANGING FROM GPA TO NEED. THESE SCHOLARSHIPS ARE AWARDED EVERY SEMESTER BY VARIOUS DEPARTMENTS AND SCHOOLS AT THE UNIVERSITY. 678 1565490 TALENT - SCHOLARSHIPS FOR STUDENTS ATTENDING BELMONT UNIVERSITY AND ARE AWARDED BY THE SCHOOL OF MUSIC BASED ON PERFORMANCE, AUDITION AND/OR ACADEMIC MERIT. 300 741760 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: BELMONT UNIVERSITY HAS A DEDICATED GRANT AND RESTRICTED FUNDS ACCOUNTANT WHO MONITORS EACH GRANT RECEIVED BY THE UNIVERSITY. IT IS HIS JOB TO ENSURE THAT ALL FUNDS ARE BEING USED PROPERLY AND WITHIN THE GUIDELINES SET FORTH BY THE GRANTOR. X X X 1 1 X X X 1 0 0 0 0 0 0 0 0 ROBERT C FISHER 721091 0 0 0 40000 0 136517 0 6695 0 904303 0 0 0 STEVEN T LASLEY 219450 0 0 0 0 0 0 0 9716 0 229166 0 0 0 BETHEL THOMAS 207600 0 0 0 0 0 0 0 6695 0 214295 0 0 0 JASON ROGERS 206673 0 0 0 0 0 0 0 8783 0 215456 0 0 0 MARCIA MCDONALD 149725 0 0 0 0 0 0 0 5244 0 154969 0 0 0 SUSAN WEST 141750 0 0 0 0 0 0 0 8783 0 150533 0 0 0 TODD LAKE 165704 0 0 0 0 0 0 0 8783 0 174487 0 0 0 RICHARD BYRD 543153 0 0 0 96208 0 81882 0 7424 0 728667 0 0 0 JAMES RAINES 279959 0 0 0 0 0 0 0 8783 0 288742 0 0 0 JEFFREY KINSLER 267482 0 0 0 0 0 0 0 4828 0 272310 0 0 0 PHILIP JOHNSTON 232195 0 0 0 0 0 0 0 8783 0 240978 0 0 0 WESLEY BULLA 171442 0 0 0 0 0 0 0 5236 0 176678 0 0 0 JOHN WILLIAMS 165337 0 0 0 0 0 0 0 6154 0 171491 0 0 0 JIMMY DAVIS 161245 0 0 0 0 0 0 0 9599 0 170844 0 0 0 MICHAEL STRICKLAND 160965 0 0 0 0 0 0 0 8783 0 169748 0 0 0 JOE ALEXANDER 169045 0 0 0 0 0 0 0 8783 0 177828 0 0 0 JEFFREY CORNWALL 204815 0 0 0 0 0 0 0 6652 0 211467 0 0 0 SCOTT MCPHEE 168999 0 0 0 0 0 0 0 5244 0 174243 0 0 0 JANE FINLEY 166027 0 0 0 0 0 0 0 5244 0 171271 0 0 0 ROBERT LAMBERT 165493 0 0 0 0 0 0 0 6684 0 172177 0 0 0 ERIC HOBSON 166131 0 0 0 0 0 0 0 8783 0 174914 0 0 0 METRO GOV HEALTH AND EDUCATIONAL FACILITIES BOARD 626139016 592041SJ7 2009-08-11 67000000 REDEMPTION OF PRIOR BONDS 0 0 0 METRO GOV HEALTH AND EDUCATIONAL FACILITIES BOARD 626139016 2010-01-04 23000000 CONSTRUCTION OF CAMPUS FACILITIES 0 0 0 67000000 589890 66500000 2005 1 0 1 1 23000000 46974 20413664 2010 0 0 1 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 1 1 0 0 0 0 1 1 0 0 0 0 ROBERT FISHER REAL ESTATE X 400000 160000 0 1 1 160000 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, WITH COPIES MARKED "DRAFT" AND THEN SUBMITTED ELECTRONICALLY TO EACH MEMBER OF THE AUDIT COMMITTEE, ALONG WITH THE UNIVERSITY PRESIDNET. RETURN IS FORMALLY SUBMITTED UPON COMPLETION OF REVIEW. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED ANNUALLY WITH UPDATED FORMS REQUESTED ANNUALLY. THEY ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE OFFICE OF INSTITUTIONAL EFFECTIVENESS. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCE DIRECTOR OBTAINS REGIONAL AND NATIONAL DATA ON COMPARABLE COMPENSATION OF SIMILAR POSITIONS AND SKILL LEVEL. REVIEWED BY SEARCH COMMITTEE WITH FINAL APPROVAL BY THE UNIVERSITY PRESIDENT. DOCUMENTATION OF PROCESS AND RESULTS KEPT IN HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MADE AVIALABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 9,210,352.