BELMONT UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BELMONT UNIVERSITY (EIN 62-0465076)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-04-13
- IRS object ID
- 201111039349300616
- Schema version
- 2009v1.7
- 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 | 2011-04-13T14:13:25-05:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROSSLIN & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2525 WEST END SUITE 1100 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620465076 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELMONT UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BELM | NameControl |
| Phone | 6154606404 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 BELMONT BLVD | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37203 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVE LASLEY | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Date Signed | 2011-04-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD M WINSTEAD | Name |
| Phone | 6153205500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID RUNYAN CFO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 BELMONT BLVD | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 161038426 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.BELMONT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 46 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 46 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2650 | TotalNbrEmployees |
| Total Nbr Volunteers | 800 | TotalNbrVolunteers |
| Total Gross UBI | 377743 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1321202 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8609289 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5856246 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 120389593 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 134513022 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -436023 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1011155 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4532947 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4298468 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 133095806 | TotalRevenuePriorYear |
| Total Revenue Current Year | 145678891 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 16258759 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19045578 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 57728485 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 65073322 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2276377 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 42625393 | OtherExpensePriorYear |
| Other Expenses Current Year | 35539285 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 116612637 | TotalExpensesPriorYear |
| Total Expenses Current Year | 119658185 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 16483169 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 26020706 | RevenuesLessExpensesCY |
| Total Assets BOY | 300890612 | TotalAssetsBOY |
| Total Assets EOY | 354831961 | TotalAssetsEOY |
| Total Liabilities BOY | 102041613 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 121752575 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 198848999 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 233079386 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 69587604 | Expense |
| Grants | 19045578 | Grants |
| Revenue | 118845827 | Revenue |
| Description | INSTRUCTION - INSTRUCTION IS PROVIDED TO MORE THAN 5,000 STUDENTS, OFFERING MORE THAN 65 UNDERGRADUATE AND GRADUATE ADACEMIC PROGRAMS THROUGH ITS SEVEN COLLEGES AND SCHOOLS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 15221998 | Expense |
| Revenue | 11850316 | Revenue |
| Description | STUDENT SERVICES - STUDENT SERVICES ARE PROVIDED TO MORE THAN 5,000 STUDENTS ENROLLED IN THE SEVEN COLLEGES AND SCHOOLS. THIS PROGRAM REVENUE IS USED TO PROVIDE FOR ALL ATHLETIC PROGRAMS AT THE UNIVERSITY, AS WELL AS RESIDENCE LIFE, STUDENT ORGANIZATIONS, GREEK LIFE, BELMONT CENTRAL, ADMISSIONS, THE REGISTRAR, AND STUDENT FINANCIAL SERVICES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12640295 | Expense |
| Revenue | 3816879 | Revenue |
| Description | AUXILIARY SERVICES - AUXILIARY SERVICES ARE OPERATED FOR THE CONVENIENCE OF MORE THAN 5,000 STUDENTS AND MORE THAN 700 FACULTY AND STAFF. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, THE UNIVERSITY BOOKSTORE, THE CURB EVENT CENTER, AND THE BEAMAN STUDENT LIFE CENTER. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 97449897 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 300 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2650 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 46 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 46 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID RUNYAN | NamePerson |
| Telephone Number | 6154606400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 BELMONT BLVD | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37212 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| RANDALL BASKIN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JACK BENZ | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| LEE BEAMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CATHERINE BIRD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| TB BOYD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DAN CROCKETT | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MARTY DICKENS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DAN FOUTCH | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MIKE GLENN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BRENDA GILMORE | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CORDIA HARRINGTON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JANICE HELLMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| STEVE HEWLETT | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JIM HOLLEMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| STEVE HORRELL | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| GORDON INMAN | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MILTON JOHNSON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DON JONES | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| HELEN KENNEDY | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| RON KNOX | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| KEVIN LAVENDER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BUREON LEDBETTER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CYNTHIA LEU | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DREW MADDUX | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BRUCE MAXWELL | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CAROLYN MCAFEE | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| STUART MCWHORTER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JIM OMER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| LARRY OTIS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ANDREA OVERBY | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CAROLYN PATTON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JIM REDD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CAROLINE ROTCHFORD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JON ROEBUCK | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BARBARA MASSEY ROGERS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JOE RUSSELL | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JOE SCARLETT | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DANA SHERRARD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MIKE SMITH | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DON TURNER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| TERRY TURNER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| PAUL WALKER | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ROBERT WHISENANT | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| JIM WILKERSON | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| BRYAN WILLIAMS | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MARK WRIGHT | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| ROBERT C FISHER | ||||||||
| PRESIDENT | 60.0 | X | 675266 | 0 | 187420 | |||
| STEVEN T LASLEY | ||||||||
| VP FINANCE | 50.0 | X | 207600 | 0 | 8888 | |||
| BETHEL THOMAS | ||||||||
| VP OF UNIVERSITY ADVANCEMENT | 50.0 | X | 197100 | 0 | 6024 | |||
| JASON ROGERS | ||||||||
| VP GENERAL COUNSEL | 50.0 | X | 196451 | 0 | 7884 | |||
| MARCIA MCDONALD | ||||||||
| PROVOST | 50.0 | X | 215372 | 0 | 4967 | |||
| SUSAN WEST | ||||||||
| VP AND ASSISTANT TO PRESIDENT | 50.0 | X | 134287 | 0 | 7884 | |||
| TODD LAKE | ||||||||
| VP/DIRECTOR OF SPIRITUAL DEVEL | 40.0 | X | 156989 | 0 | 7884 | |||
| PHILIP JOHNSTON | ||||||||
| DEAN | 40.0 | 223587 | 0 | 7884 | X | X | ||
| JAMES RAINES | ||||||||
| DEAN | 40.0 | 205531 | 0 | 7884 | X | X | ||
| JEFFREY CORNWALL | ||||||||
| DEAN | 40.0 | 202046 | 0 | 6015 | X | X | ||
| RICHARD BYRD | ||||||||
| BASKETBALL COACH | 40.0 | 434807 | 0 | 89867 | X | |||
| ANTHONY CROSS | ||||||||
| WOMEN'S BASKETBALL COACH | 40.0 | 172416 | 0 | 3716 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3021452 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 346317 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| R C MATTHEWS CONTRACTOR LLC | |||||
| PO BOX 24687 | NASHVILLE | TN | 37202 | CONTRACTOR | 22663676 |
| SODEXHO | |||||
| P O BOX 905374 | CHARLOTTE | TN | 28290 | FOOD SERVICE | 4873126 |
| EARL SWENSSON AND ASSOCIATES | |||||
| 2100 WEST END AVENUE STE 12 | NASHVILLE | TN | 37203 | ARCHITECTURAL SVCS | 1172963 |
| MCCARTHY JONES WOODARD | |||||
| PO BOX 40445 | NASHVILLE | TN | 37204 | WHOLESALER | 1146078 |
| SUNTRUST BANK | |||||
| PO BOX 4418 | ATLANTA | GA | 30302 | FINANCIAL SERVICES | 1057110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 1337059 | GovernmentGrants |
| All Other Contributions | 4519187 | AllOtherContributions |
| Total Contributions | 5856246 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION AND FEES - INSTRUCTION | 118055277 | 118055277 |
| RESIDENCE HALLS-STUDENT SERVICES | 10793185 | 10793185 |
| CONFS/SEMINARS/WORKSHOPS/SUMMER PGMS-AUXILIARY | 3816879 | 3816879 |
| ATHLETIC DEPARTMENT-STUDENT SERVICES | 1057131 | 1057131 |
| STUDIES ABROAD-INSTRUCTION | 790550 | 790550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 134513022 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1673271 | TotalRevenueColumn |
| Exclusion | $1,673,271 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 174220 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 174220 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 174220 | TotalRevenueColumn |
| Exclusion | $174,220 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11901103 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12563219 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -662116 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -662116 | TotalRevenueColumn |
| Exclusion | -$662,116 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 3992746 | GrossSalesOfInventory |
| Cost Of Goods Sold | 2796316 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1196430 | TotalRevenueColumn |
| Exclusion | $1,196,430 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|---|
| CAFETERIA | 111000 | 2517845 | $2,517,845 | ||
| CURB EVENTS CENTER | 711300 | 377743 | 377743 | ||
| TRUST INCOME | 32230 | 32230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2927818 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 145678891 | TotalRevenueColumn |
| Related Or Exempt Function Income | 134545252 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 377743 | UnrelatedBusinessRevenue |
| Exclusion | $4,899,650 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19045578 | Total |
| Program Services | 19045578 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2903429 | Total |
| Program Services | 1183155 | ProgramServices |
| Management And General | 1720274 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50883460 | Total |
| Program Services | 42738569 | ProgramServices |
| Management And General | 6669069 | ManagementAndGeneral |
| Fundraising | 1475822 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1582801 | Total |
| Program Services | 1299140 | ProgramServices |
| Management And General | 274561 | ManagementAndGeneral |
| Fundraising | 9100 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6010575 | Total |
| Program Services | 3288677 | ProgramServices |
| Management And General | 2437753 | ManagementAndGeneral |
| Fundraising | 284145 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3693057 | Total |
| Program Services | 2950783 | ProgramServices |
| Management And General | 641377 | ManagementAndGeneral |
| Fundraising | 100897 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53221 | Total |
| Management And General | 53221 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80050 | Total |
| Management And General | 80050 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1291576 | Total |
| Program Services | 1270323 | ProgramServices |
| Management And General | 262 | ManagementAndGeneral |
| Fundraising | 20991 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1811050 | Total |
| Program Services | 1526865 | ProgramServices |
| Management And General | 178732 | ManagementAndGeneral |
| Fundraising | 105453 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4734432 | Total |
| Program Services | 1014009 | ProgramServices |
| Management And General | 3703624 | ManagementAndGeneral |
| Fundraising | 16799 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3152556 | Total |
| Program Services | 2942442 | ProgramServices |
| Management And General | 197203 | ManagementAndGeneral |
| Fundraising | 12911 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40107 | Total |
| Program Services | 8056 | ProgramServices |
| Management And General | 759 | ManagementAndGeneral |
| Fundraising | 31292 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2568913 | Total |
| Program Services | 2568913 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6269519 | Total |
| Program Services | 5782953 | ProgramServices |
| Management And General | 486566 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 739480 | Total |
| Program Services | 369740 | ProgramServices |
| Management And General | 369740 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | 2329146 | 1751713 | 577433 | |
| DUES AND SUBSCRIPTIONS | 1999163 | 1957181 | 34253 | 7729 |
| PROFESSIONAL/CONTRACT SERVICES | 1867688 | 1120861 | 718527 | 28300 |
| EQUIPMENT | 1450759 | 1097413 | 349064 | 4282 |
| REFRESHMENTS | 1288371 | 601391 | 545821 | 141159 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5863254 | Total |
| Program Services | 4932135 | ProgramServices |
| Management And General | 893622 | ManagementAndGeneral |
| Fundraising | 37497 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119658185 | Total |
| Program Services | 97449897 | ProgramServices |
| Management And General | 19931911 | ManagementAndGeneral |
| Fundraising | 2276377 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7128 | BOY |
| EOY | 7250 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13770097 | BOY |
| EOY | 26933797 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8642813 | BOY |
| EOY | 7952005 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1293686 | BOY |
| EOY | 1675498 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200000 | BOY |
| EOY | 200000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3439141 | BOY |
| EOY | 3441612 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 666903 | BOY |
| EOY | 803793 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1067607 | BOY |
| EOY | 640298 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 312245927 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 73509367 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 204707885 | BOY |
| EOY | 238736560 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65707715 | BOY |
| EOY | 73357238 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1387637 | BOY |
| EOY | 1083910 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300890612 | BOY |
| EOY | 354831961 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11890921 | BOY |
| EOY | 15041185 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1769197 | BOY |
| EOY | 1627180 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66500000 | BOY |
| EOY | 83800000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17941268 | BOY |
| EOY | 17221082 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3940227 | BOY |
| EOY | 4063128 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102041613 | BOY |
| EOY | 121752575 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124612479 | BOY |
| EOY | 153684519 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22036404 | BOY |
| EOY | 26160006 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52200116 | BOY |
| EOY | 53234861 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 198848999 | BOY |
| EOY | 233079386 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300890612 | BOY |
| EOY | 354831961 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 379550 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 57630761 | BeginningOfYearBalance |
| Contributions | 1194093 | Contributions |
| Investment Earnings Or Losses | 8430871 | InvestmentEarningsOrLosses |
| Other Expenditures | 1713811 | OtherExpenditures |
| End Of Year Balance | 65541914 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 73889757 | BeginningOfYearBalance |
| Contributions | 1805398 | Contributions |
| Investment Earnings Or Losses | -16495678 | InvestmentEarningsOrLosses |
| Other Expenditures | 1568716 | OtherExpenditures |
| End Of Year Balance | 57630761 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00095 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00812 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00093 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16027139 | OtherCostOrOtherBasis |
| Book Value | 16027139 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 207788303 | OtherCostOrOtherBasis |
| Depreciation | 40600048 | Depreciation |
| Book Value | 167188255 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30472807 | OtherCostOrOtherBasis |
| Depreciation | 22635478 | Depreciation |
| Book Value | 7837329 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 57957678 | OtherCostOrOtherBasis |
| Depreciation | 10273841 | Depreciation |
| Book Value | 47683837 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 238736560 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP | Description |
| Amount | $4,063,128 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4063128 | TotalOfAmounts |
| Total Revenue | 145678891 | TotalRevenue |
| Total Expenses | 119658185 | TotalExpenses |
| Excess Or Deficit For Year | 26020706 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 8209681 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 8209681 | TotalAdjustments |
| Excess Or Deficit Per FS | 34230387 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 129079833 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -19045578 | OtherRevenues |
| Revenue Not Rptd F990 | -19045578 | RevenueNotRptdF990 |
| Revenue Subtotal | 148125411 | RevenueSubtotal |
| Other Revenues Not Included | -2446520 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -2446520 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 145678891 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 103408923 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2796316 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2796316 | ExpensesNotRptdF990 |
| Expenses Subtotal | 100612607 | ExpensesSubtotal |
| Other Expenses Not Included | 19045578 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19045578 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 119658185 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE D | PART III LINE 4 ART COLLECTION DESCRIPTION | The collection consists of 2 Yemini Scrolls from the mid 19th century (approximately 150-175 years old) that were given to the University 3-4 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. Occasionally 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.) |
| SCHEDULE D | PART V LINE 4 ENDOWMENT FUND USE | The Investment Advisory Committee feels that grants to be made in the future are as important as grants made today. This is consistent with the philosophy that this Endowment is to exist in perpetuity, and therefore, should provide for grant making in perpetuity. To attain this goal, the overriding objective of this fund is to maintain purchasing power. That is, net of spending, the objective is to grow the aggregate portfolio value at the rate of inflation over the Foundation investment horizon. |
| SCHEDULE D | PART XII LINE D | $19,045,278 SCHOLARSHIP EXPENSE SHOWN ON BOOKS AS REVENUE OFFSET, REPORTED ON TAX RETURN AS EXPENSE |
| SCHEDULE D | PART XII LINE 4B | THE SUM OF: $(2,796,316) BOOKSTORE & VENDING MACHINES/SNACK BAR COST OF GOODS SOLD INCLUDED IN EXPENSES ON BOOKS NETTED AGAINST GROSS INCOME FROM SALES OF INVENTORY ON THE TAX RETURN $1,194,093 ADDITIONAL CONTRIBUTIONS REPORTED AS NON-OPERATING REVENUE ON BOOKS $(662,116)REALIZED LOSS $(1,554,463) ENDOWMENT SPENDING PAYOUT $1,372,282 OTHER INTEREST/DIVIDEND INCOME |
| SCHEDULE D | PART XIII LINE 2D | $2,796,316 BOOKSTORE & VENDING MACHINES/SNACK BAR COST OF GOODS SOLD INCLUDED IN EXPENSES ON BOOKS NETTED AGAINST GROSS INCOME FROM SALES OF INVENTORY ON THE TAX RETURN |
| SCHEDULE D | PART XIII LINE 4B | $19,045,578 SCHOLARSHIP EXPENSE SHOWN ON BOOKS AS REVENUE OFFSET, REPORTED ON TAX RETURN AS EXPENSE |
| ADJUSTMENT TO PRIOR YEAR ENDOWMENT INFORMATION | FORM 990, SCHEDULE D, PART V | THE 2008 FORM 990 SCHEDULE D INCLUDED A LOSS OF 18,161,405 IN LINE 1E RATHER THAN IN LINE 1C. IN ORDER TO PROVIDE A MORE ACCURATE PRESENTATION, THAT LOSS HAS BEEN RECLASSIFIED FROM LINE 1E TO LINE 1C ON THE CURRENT YEAR RETURN. THIS CHANGE IS ONLY FOR THE PRESENTATION ON THE FORM 990, NO AUDITED FINANCIAL FIGURES HAVE BEEN MODIFIED. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE UNIVERSITY INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL BROCHURES AND CATALOGUES WHICH CONTAIN INFORMATION ON STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. IN ADDITION, THE UNIVERSITY INCLUDES A REFERENCE TO THE NONDISCRIMINATORY POLICY IN ITS WRITTEN ADVERTISING TO PROSPECTIVE STUDENTS. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | THE PERKINS LOAN PROGRAM IS A CAMPUSED-BASED PROGRAM PROVIDING FINANCI ASSISTANCE TO ELIGIBLE POSTSECONDARY SCHOOL STUDENTS BASED ON FINANCIA NEED. THE DEPARTMENT OF EDUCATION PROVIDES FUNDS ALONG WITH THE UNIVERSITY WHICH ARE USED TO MAKE LOANS TO ELIGIBLE STUDENTS AT LOW INTEREST RATES. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| NEEDY STUDENTS-STUDENTS ATTENDING BELMONT UNIVERSI | 1021 | 3126601 |
| MERIT AWARDS-STUDENTS ATTENDING BELMONT UNIVERSITY | 1394 | 7788271 |
| ENDOWMENT S/S-STUDENTS ATTENDING BELMONT UNIVERSIT | 554 | 1528116 |
| ATHLETICS-STUDENTS ATTENDING BELMONT UNIVERSITY | 232 | 3666505 |
| TALENT-STUDENTS ATTENDING BELMONT UNIVERSITY | 218 | 671910 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE I | PART I LINE 2 MONITORING OF GRANT FUNDS | 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. |
| SCHEDULE I | PART III ADDITIONAL GRANT PURPOSE INFORMATION | Needy Students - Scholarships for students attending Belmont University that demonstrate a financial need through information collected from the DOE on the FAFSA. Merit Awards - Scholarships for students attending Belmont University and are awarded based on the students academic record or demonstrated leadership. 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. Athletics - Scholarships awarded to student-athletes who compete for Belmont University. Talent - Scholarships for students attending Belmont University and are awarded by the School of Music based on performance, audition and/or academic merit. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT C FISHER | |||||||||||||
| 662967 | 0 | 0 | 0 | 12299 | 0 | 181396 | 0 | 6024 | 0 | 862686 | 0 | 668249 | 0 |
| STEVEN T LASLEY | |||||||||||||
| 197714 | 0 | 0 | 0 | 9886 | 0 | 0 | 0 | 8888 | 0 | 216488 | 0 | 198789 | 0 |
| BETHEL THOMAS | |||||||||||||
| 188000 | 0 | 0 | 0 | 9100 | 0 | 0 | 0 | 6024 | 0 | 203124 | 0 | 189879 | 0 |
| JASON ROGERS | |||||||||||||
| 187842 | 0 | 0 | 0 | 8609 | 0 | 0 | 0 | 7884 | 0 | 204335 | 0 | 186369 | 0 |
| MARCIA MCDONALD | |||||||||||||
| 205837 | 0 | 0 | 0 | 9535 | 0 | 0 | 0 | 4967 | 0 | 220339 | 0 | 0 | 0 |
| TODD LAKE | |||||||||||||
| 150021 | 0 | 0 | 0 | 6968 | 0 | 0 | 0 | 7884 | 0 | 164873 | 0 | 150951 | 0 |
| RICHARD BYRD | |||||||||||||
| 414663 | 0 | 0 | 0 | 20144 | 0 | 83067 | 0 | 6800 | 0 | 524674 | 0 | 410165 | 0 |
| PHILIP JOHNSTON | |||||||||||||
| 212940 | 0 | 0 | 0 | 10647 | 0 | 0 | 0 | 7884 | 0 | 231471 | 0 | 218333 | 0 |
| JAMES RAINES | |||||||||||||
| 195815 | 0 | 0 | 0 | 9716 | 0 | 0 | 0 | 7884 | 0 | 213415 | 0 | 198965 | 0 |
| JEFFREY CORNWALL | |||||||||||||
| 193396 | 0 | 0 | 0 | 8650 | 0 | 0 | 0 | 6015 | 0 | 208061 | 0 | 193509 | 0 |
| ANTHONY CROSS | |||||||||||||
| 166341 | 0 | 0 | 0 | 6075 | 0 | 0 | 0 | 3716 | 0 | 176132 | 0 | 167558 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| REIMBURSEMENT OF EXPENSES | FORM 990, SCHEDULE J, PART I, LINE 2 | BELMONT UNIVERSITY FOLLOWS A WRITTEN POLICY IN REGARD TO TRAVEL FOR COMPANIONS AND CONTRACTUAL ARRANGEMENTS FOR HEALTH/SOCIAL CLUB DUES/INITIATION FEES. THERE IS NO WRITTEN POLICY IN REGARD TO TAX INDEMNIFICATION AND GROSS-UP PAYMENTS. |
| SEVERANCE PAY | FORM 990, SCHEDULE J, LINE 4A | HEAD WOMAN'S BASKETBALL COACH (ANTHONY CROSS) RECEIVED TWO MONTHS SEVERANCE AND CAR ALLOWANCE TOTALING $30,800. HEAD WOMAN'S BASKETBALL COACH (CROSS) RECEIVED TWO MONTHS SEVERANCE AND CAR ALLOWANCE TOTALING $30,800 IN FY 2010. WOMAN'S BASKETBALL ASSISTANT COACH (BROWN-WYNN) ALSO RECEIVED TWO MONTHS IN SEVERANCE AND UNEMPLOYMENT COMPENSATION BENEFIT TOTALING $10,108 IN FY10. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| METRO GOV HEALTH AND EDUCATIONAL FACILITIES BOARD | ||||||
| 626139016 | 592041SJ7 | 2009-08-11 | 67000000 | REDEMPTION OF PRIOR BONDS | false | false |
| METRO GOV HEALTH AND EDUCATIONAL FACILITIES BOARD | ||||||
| 626139016 | 2010-01-04 | 23000000 | CONSTRUCTION OF CAMPUS FACILITIES | false | false | |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount DefeasedAmountDefeased | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 67000000 | 0 | 0 | 0 | 589890 | 0 | 66500000 | 2005 | true | false | true | true |
| 23000000 | 0 | 0 | 0 | 46974 | 0 | 20413664 | 2010 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 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 |
|---|---|---|---|---|---|---|---|---|
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|
| true | true | false | false | false |
| true | true | false | false | false |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT FISHER | NamePerson |
| Purpose Of Loan | REAL ESTATE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $400,000 | OriginalPrincipalAmount |
| Balance Due | 200000 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 200000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 990 PART VI | SECTION A LINE 10 | 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 president. Return is formally submitted upon completion of review. |
| 990 PART VI | SECTION B LINE 12C | Compliance is monitored annually with updated forms requested annually. Reviewed by the CHIEF FINANCIAL OFFICER and the OFFICE OF INSTITUTIONAL EFFECTIVENESS. |
| 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. |
| 990 PART VI | SECTION C LINE 19 | Governing documents, Conflict of Interest Policy, and Financial Statements made avialable to the public upon request. |