2011-11-14T16:26:13-06:00 2011-05-31 WILKINS MILLER HIERONYMUS LLC PO BOX 70047 MOBILE AL 36670 990 2010-06-01 630302179 SPRING HILL COLLEGE SPRI 2513802259 4000 DAUPHIN STREET MOBILE AL 36608 RHONDA SHIRAZI CPA 2513804000 2011-11-14 1 MICHAEL J KINTZ 2514106700 2011-11-14 2010 2016-03-07 17:11:31Z FATHER RICHARD SALMI SJ 4000 DAUPHIN STREET MOBILE AL 36608 35842310 0 X WWW.SHC.EDU X 1830 AL SPRING HILL COLLEGE IS A CO-EDUCATIONAL LIBERAL ARTS, JESUIT COLLEGE. 32 32 1060 5 1031759 -312133 3933996 4799335 25151311 28547343 1091794 461322 1737945 1884471 31915046 35692471 0 0 0 0 15269757 15789585 0 0 992065 21322146 23512169 36591903 39301754 -4676857 -3609283 172557035 171181115 98903931 96372980 73653104 74808135 X ROOTED IN ITS CATHOLIC HERITAGE AND CONTINUING THE 450 YEAR OLD JESUIT TRADITION OF EDUCATIONAL EXCELLENCE, SPRING HILL COLLEGE FORMS STUDENTS TO BECOME RESPONSIBLE LEADERS IN SERVICE TO OTHERS. WE OFFER OUR STUDENTS A THOROUGH PREPARATION FOR PROFESSIONAL EXCELLENCE; AND WE STRIVE TO AWAKEN MIND AND SPIRIT TO THE PURSUIT OF TRUTH AND TO THE EVER-DEEPENING APPRECIATION OF THE BEAUTY OF CREATION, THE DIGNITY OF LIFE, THE DEMANDS OF JUSTICE AND THE MYSTERY OF GOD'S LOVE. IN OUR COMMUNITY OF LIVING AND LEARNING, WE ARE COMMITTED TO THE JESUIT TRADITION OF "CURA PERSONALIS," THAT IS , A CARE FOR THE SPIRITUAL, SOCIAL AND INTELLECTUAL GROWTH OF EACH PERSON. THROUGH INFORMED DIALOGUE WITH THE WORLD'S CULTURE, RELIGIONS AND PEOPLES, WE PROMOTE SOLIDARITY WITH THE ENTIRE HUMAN FAMILY. AND TRUE TO THE CATHOLIC AND BIBLICAL TRADITION, WE NURTURE BOTH THE PERSONAL AND SOCIAL DIMENSIONS OF FAITH, SEEKING TO DRAW OUR STUDENTS INTO A DEEPER AND MORE VITAL RELATIONSHIP WITH GOD. 0 0 21010161 28860403 SPRING HILL COLLEGE IS A CO-EDUCATIONAL INSTITUTION COMMITTED TO THE PRINCIPLE OF EDUCATING MEN AND WOMEN FOR SERVICE TO OTHERS. THE COLLEGE IS A LIBERAL ARTS, JESUIT COLLEGE WHICH OFFERS VARIOUS UNDERGRADUATE AND GRADUATE PROGRAMS. DURING THE ACADEMIC YEAR APPROXIMATELY 1500 STUDENTS WERE PURSUING A DEGREE. 21010161 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 36 0 1060 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL GA MS X RHONDA SHIRAZI CPA 2513802255 4000 DAUPHIN STREET MOBILE AL 36608 KAREN ATCHISON 1.50 X 0 0 0 MARY LOU BARTER 1.50 X 0 0 0 JUDGE SONJA BIVINS 1.50 X 0 0 0 JAMES BRANDYBURG 1.50 X 0 0 0 THOMAS BYRNE JR 1.50 X 0 0 0 MICHAEL COGHLAN 1.50 X 0 0 0 TOM CROGHAN 1.50 X 0 0 0 REV JUSTIN DAFFRON SJ 1.50 X 0 0 0 DAN ELCAN 1.50 X 0 0 0 FR MARK LEWIS SJ 1.50 X 0 0 0 MICHAEL MARSHALL 1.50 X 0 0 0 CHARLES RAY MAYHALL III 1.50 X 0 0 0 JAMES MCKINNEY 1.50 X 0 0 0 TIM MURPHY 1.50 X 0 0 0 DR CHRISTOPHER PUTO 1.50 X 0 0 0 IRVING SILVER 1.50 X 0 0 0 TERESA SMITH 1.50 X 0 0 0 REV CHRISTOPHER VISCARDI SJ 1.50 X 0 0 0 FR DAN LAHART SJ 1.50 X 0 0 0 THOMAS J CLARK III 1.50 X 0 0 0 TERRANCE HILLERY 1.50 X 0 0 0 VINCENT F KILBORN III 1.50 X 0 0 0 CELIA WALLACE 1.50 X 0 0 0 JOHN ZOLLINGER IV 1.50 X 0 0 0 DR DENNIS MCCLUSKEY 1.50 X 0 0 0 REV RICHARD P SALMI SJ 40.00 X X 0 0 0 FR STEPHEN SAUER SJ 1.50 X 0 0 0 REV EDWARD B ARROYO 1.50 X 0 0 0 DR EDWARD J LOSE 1.50 X 0 0 0 KRISTIN F PFEFFLE 1.50 X 0 0 0 KATHERINE M SISOIAN 1.50 X 0 0 0 PETER A VUKELIC 1.50 X 0 0 0 JOSEPH DEIGHTON 40.00 X X 106468 0 14322 RAMONA HILL 40.00 X 97619 0 11626 JOHN KERR 40.00 X 80354 0 8251 RHONDA SHIRAZI 40.00 X X 123322 0 11803 GEORGE SIMS 40.00 X X 128363 0 15278 JAMES HALL 40.00 X 66200 0 9246 TODD WALLER 40.00 X 102343 0 11429 CHARMANE MAY 40.00 X 101126 0 11479 805795 0 93434 5 1 0 0 ARAMARK SERVICES 4000 DAUPHIN STREET MOBILE AL 36608 CATERING AND CAMPUS DINING 2576948 BARNES AND NOBLE BOOKSTORE 120 MOUNTAIN VIEW BLVD BASKING RIDGE NJ 07920 OPERATION OF BOOK STORE 1150658 FIRST INSURANCE FUNDING CORP PO BOX 3306 NORTHBROOK IL 60065 INSURANCE BROKER 550649 ROYALL & COMPANY 1920 EAST PARHAM RD RICHMOND VA 23228 RECRUITMENT SERVICES 495417 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 478430 12 23046 4776289 407872 4799335 TUITION AND FEES 611710 15499672 15499672 ROOM AND BOARD 611710 10868987 10868987 CONTRACT INCOME 611710 1347101 1347101 AUXILIARY INCOME 713910 831583 831583 28547343 465003 465003 723518 723518 723518 184986 538532 71828 1 70092 5418 1736 -5417 -3681 -3681 3210 23046 2090 1120 1120 86333 72239 14094 14094 MISCELLANEOUS INCOME 611710 837860 837860 COMMISSIONS 611710 144869 144869 PARKING FEES 812930 113184 113184 49826 48730 1096 1145739 35692471 28860403 1031759 1000974 830245 626495 135125 68625 12098463 9396199 2200809 501455 524588 398744 100806 25038 1428715 1012663 368577 47475 907574 677920 164057 65597 44377 6414 14860 23103 96001 17778 78223 53735 47107 6628 1715219 1204507 445647 65065 225884 78902 139556 7426 5867694 3275850 2591844 586139 529754 38402 17983 56475 48274 3001 5200 4235109 71473 4163636 4516274 4516274 OTHER EXPENSES 6115262 3618081 2332083 165098 39301754 21010161 17299528 992065 191060 164009 6194703 4927297 5525608 5883586 50739 47565 157232053 42823586 117699627 114408467 113631 143275 20345467 21758552 22436200 23848364 172557035 171181115 3551726 3114395 78849795 51303856 4802785 30499068 6197023 5358864 5502602 6096797 98903931 96372980 X 7228868 5561867 35319201 34700239 31105035 34546029 73653104 74808135 172557035 171181115 X -3609283 4764314 X 0 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39426734 2335227 5396400 5685856 41472505 41847044 478917 4878343 7777570 39426734 53864127 986194 -10625135 2378142 41847044 0.17090 0.82910 1 1 1 2779805 2779805 132226225 26523826 105702399 22138208 16299760 5838448 87815 87815 114408467 EQUITY SECURITIES FUND - POOLED 13795965 F CORPORATE DEBENTURE - POOLED FUND 82066 F STATE AND LOCAL GOVERNEMNT SECURITY INVESTMENT 26035 F BOND FUND - POOLED 4623075 F REAL ESTATE INVESTMENT TRUST - POOLED 26035 F ENDOWMENT FUND 1492895 F INVESTMENT IN VENTURE PARTNERS, LP - POOLED 276368 F OTHER 14062 C MULTISTRATEGY COMMOND FUND 966850 F POOLED ENDOWMENT 455201 F 21758552 OTHER 3679210 TRUSTS HELD BY 3RD PARTY 20169154 23848364 DEPOSITS 3427531 CAPITAL LEASE 594229 REFUNDABLE ADVANCES-US GOVT GRANTS 684137 LIABILITY UNDER INTEREST RATE SWAP 1390900 6096797 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS AND HELP SUPPORT THE FINANCIAL NEEDS OF THE COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE HAD NO UNRECOGNIZED TAX BENEFITS AT MAY 31, 2011. THE TAX YEARS 2007 THROUGH 2010 FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS REMAIN OPEN TO EXAMINATION. 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 A STATEMENT REGARDING THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE COLLEGE CATALOG. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FUNDS FOR ITS STUDENT FINANCIAL AID PROGRAMS, UPWARD BOUND AND OTHER PROGRAMS WITH THE DEPARTMENT OF EDUCATION. EUROPE (ITALY) 1 7 PROGRAM SERVICES THE SPRING HILL COLLEGE ITALY CENTER IN BOLOGNA, ITALY OFFERS SUMMER, SEMESTER, OR YEAR OF STUDY PROGRAMS FOR STUDENTS INTERESTED IN PROGRAMS ABROAD. 437674 7 0 7 437674 0 437674 0 0 0 0 0 0 GOLF TOURNAMENT 9125 9125 GOLF TOURNAMENT 17131 13921 3210 2090 26256 23046 3210 2090 2090 1120 0 0 0 0 0 0 0 0 0 CHARMANE MAY 101126 0 0 0 0 0 0 0 11479 0 112605 0 0 0 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 60720TCE7 2004-06-17 34744889 FINANCE THE RENOVATION OF VARIOUS BUILDINGS AND CONSTRUCT A RESIDENCE HALL 0 0 0 15999546 35799546 501734 35297812 2007 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 WILLIAM BLAIR & COMPANY LLC A TRUSTEE OF THE COLLEGE IS A PRINCIPAL OF WILLIAM BLAIR & COMPANY, L.L.C. 21000 A MEMBER OF THE BOARD OF TRUSTEES OF SPRING HILL COLLEGE IS A PRINCIPAL OF WILLIAM BLAIR & COMPANY, L.L.C., WHO SERVED AS THE UNDERWRITER FOR THE 2004 SERIES BONDS AND SERVES AS THE REMARKETING AGENT FOR THE 2004(B) BONDS, AND THE COLLEGE PAYS FEES FOR SUCH CONTINUING SERVICES. 0 X 4 407872 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE 990 IS FILED IT MUST BE REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE THOROUGHLY REVIEWS THE FORM TO ENSURE ALL REQUIRED INFORMATION THAT IS APPLICABLE TO THE COLLEGE HAS BEEN INCLUDED. IT IS MADE AVAILABLE TO THE ENTIRE BOARD. ONCE APPROVED IT IS RETURNED TO THE PREPARER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO OFFICERS, TRUSTEES AND KEY EMPLOYEES AND REGULARLY INQUIRES OF THEM REGARDING RELATED PARTY TRANSACTIONS OR OTHER ACTIVITY THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST; UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES SET AND APPROVE COMPENSATION AMOUNTS FOR KEY EMPLOYEES AND OFFICERS. ALL COMPENSATION AMOUNTS ARE BASED ON AND COMPARED TO SALARIES OF COMPARABLE JESUIT COLLEGES AND OTHER SMALL PRIVATE COLLEGES AND UNIVERSITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO BONDHOLDERS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,110,240. UNREALIZED GAIN ON TRUSTS HELD BY THIRD PARTY 955,417. NET LOSS ON INTEREST RATE SWAP -391,879. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 90,536. TOTAL TO FORM 990, PART XI, LINE 5: 4,764,314. SHC PROPERTIES LLC 4000 DAUPHIN STREET MOBILE AL 36608 630302179 EDUCATIONAL PURPOSES AL 0 0 SPRING HILL COLLEGE FOUNDATION REGIONS BANK PO BOX 2527 MOBILE AL 36652 636044261 HOLD ASSETS IN TRUST WHOSE ONLY INCOME BENEFICIARY IS SPRING HILL COLLEGE AL 501(C)(3) 509(A)(3) TYPE III 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0