2011-01-10T17:05:41-06:00 2010-05-31 Wilkins Miller Hieronymus LLC 2800 Dauphin Street Mobile AL 36606 990 2009-06-01 630302179 Spring Hill College SPRI 2513802259 4000 Dauphin Street Mobile AL 36608 RHONDA SHIRAZI CPA 2513804000 2010-11-18 1 Michael J Kintz 2514765500 2010-11-17 2009 2016-02-24 21:20:13Z Father Richard Salmi SJ 4000 Dauphin Street mobile AL 36608 32082523 0 X www.shc.edu X 1830 AL Spring Hill college is a co-educational liberal arts, Jesuit College. 31 31 1040 5 648234 -670013 2493407 3933996 24907873 25151311 -144146 1091794 1673003 1737945 28930137 31915046 0 0 16574363 15269757 0 1449412 22331461 21322146 38905824 36591903 -9975687 -4676857 175906998 172557035 102616893 98903931 73290105 73653104 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 18202712 25744748 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. 18202712 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 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 1 45 0 1040 1 1 1 0 0 0 0 1 1 0 0 0 31 31 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 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 kenneth gavin sj 1.50 X 0 0 0 dr john hendry 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 john scheussler 1.50 X 0 0 0 irving silver 1.50 X 0 0 0 Teresa smith 1.50 X 0 0 0 katherine viragh 1.50 X 0 0 0 rev christopher viscard 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 1.50 X 0 0 0 Dr Dennis McCluskey 1.50 X 0 0 0 REV RIchard p salmi S 40.00 X X 0 0 0 Fr Stephen Sauer SJ 1.50 X 0 0 0 JOSEPH DEIGHTON 40.00 X X 104576 0 12237 Ramona Hill 40.00 X 94918 0 8946 JOHN KERR 40.00 X 78926 0 7343 CHARMANE MAY 40.00 X X 155589 0 15409 edward overbey jr 40.00 X X 154431 0 15740 STEVE POCHARD 40.00 X 92416 0 10390 RHONDA SHIRAZI 40.00 X X 120548 0 10891 George Sims 40.00 X X 125475 0 13163 James Hall 40.00 X 48075 0 4601 974954 0 98720 5 0 1 0 Vance McCown Construction Co 3213 MIDTOWN PARK S mobile AL 36606 construction management 3864929 aramark services 4000 Dauphin Street mobile AL 36608 catering and campus dining 2400179 Barnes and Noble bookstore 4000 Dauphin Street mobile AL 36608 OPERATION OF BOOK STORE 1067861 National management resources PO Box 1224 lagrange GA 30241 maintenance 438057 jim boothe contracting supply 26201 capital drive daphne AL 36526 construction 339825 21 20982 3913014 64734 3933996 TUITION AND FEES 611710 13902347 13902347 ROOM AND BOARD 611710 9526522 9526522 CONTRACT INCOME 611710 1189133 1189133 AUXILIARY INCOME 713910 533309 533309 25151311 1147440 1147440 606700 606700 606700 109302 497398 44678 3222 45053 58493 -375 -55271 -55646 -55646 2247 20982 3371 -1124 -1124 62262 60560 1702 1702 Miscellaneous income 611710 800146 800146 PARKING FEES 812930 127339 127339 CommiSSIONS 611710 123207 123207 79975 76054 3921 1130667 31915046 25744748 648234 1588068 1073676 772066 131439 170171 11591987 8639447 2365702 586838 522476 390653 111455 20368 1193353 785253 347439 60661 888265 661912 171903 54450 56976 18457 24663 13856 88428 20334 68094 41102 32456 8646 1768338 1253007 404934 110397 210468 73893 123721 12854 6059826 3256917 2802583 326 462805 380869 21262 60674 57337 31755 12640 12942 4180155 35889 4144266 4354371 4354371 other expenses 4042340 1849804 1846661 345875 36591903 18202712 16939779 1449412 7692998 191060 6794106 6194703 4616843 5525608 46533 50739 156076764 38377137 111493251 117699627 60606 113631 24180151 20345467 21022510 22436200 175906998 172557035 4162579 3551726 80962936 78849795 5094423 4802785 6547811 6197023 5849144 5502602 102616893 98903931 X 7104805 7228868 36708783 35319201 29476517 31105035 73290105 73653104 175906998 172557035 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41847044 478917 4878343 7777570 39426734 53864127 986194 -10625135 2378142 41847044 0.32130 0.67870 1 1 1 2779805 2779805 118771463 23304190 95467273 20847175 15072947 5774228 13678321 13678321 117699627 EQUITY SECURITIES FUND - POOLED 12861542 F CORPORATE DEBENTURE - POOLED FUND 82066 F State and Local Governemnt security investment 91538 F BOND FUND - POOLED 4687659 F REAL ESTATE INVESTMENT TRUST - POOLED 29703 F ENDOWMENT FUND 1255704 F INVESTMENT IN VENTURE PARTNERS, LP - POOLED 327585 F OTHER 14062 C Multistrategy commond fund 995608 F 20345467 OTHER 3354932 TRUSTS HELD BY 3RD PARTY 19081268 22436200 DEPOSITS 3387505 CAPITAL LEASE 419946 REFUNDABLE ADVANCES-US GOVT GRANTS 696131 Liability under interest rate swap 999020 5502602 31915046 36591903 -4676857 3063346 1976510 5039856 362999 37018934 3063346 2040542 5103888 31915046 0 31915046 36655935 64032 64032 36591903 0 36591903 Part V, Line 4: Description of Intended Use of Endowment Funds: Endowment funds are used to fund scholarships for students and help support the financial needs of the College. Part X: Description of Uncertain Tax Positions Under FIN 48: The College had no unrecognized tax benefits at May 31, 2010. The tax years 2006 through 2009 federal exempt organization business income tax returns remain open to examination. Part XI, Line 8 - Other Adjustments: unrealized gain on trusts held by third party: 1161601. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: 85342. net gain on interest rate swap: 729567. Part XII, Line 2d - Other Adjustments: change in value of split interest agreements: 85342. unrealized gains on third party trusts: 1161601. cost of goods sold: 60560. special event expenses: 3371. rounding adjustment: 101. Net gain on interest rate swap: 729567. Part XIII, Line 2d - Other Adjustments: cost of goods sold: 60560. special event expenses: 3371. rounding adjustment: 101. 1 1 1 A STATEMENT REGARDING THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE COLLEGE CATALOG. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE COLLEGE RECEIVES FEDERAL FUNDS FOR ITS STUDENT FINANCIAL AID PROGRAMS, UPWARD BOUND AND OTHER PROGRAMS WITH THE DEPARTMENT OF EDUCATION. 1 0 0 0 0 0 0 0 0 0 CHARMANE MAY 155589 0 0 0 0 0 0 0 15409 0 170998 0 0 0 edward overbey jr 154431 0 0 0 0 0 0 0 15740 0 170171 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 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 60720TCF4 2007-06-27 34834500 FINANCE RENOVATIONS TO BUILDING, CONSTRUCT RESIDENCE HALL AND CAMPUS CENTER 0 0 35799546 501734 35297812 2007 0 0 1 1 35657126 486272 35170854 2009 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 REGIONS BANK 4.000000000000 0 0 0 0 1 1 REGIONS BANK 2.000000000000 0 0 0 WILLIAM BLAIR & COMPANY LLC A TRUSTEE OF THE COLLEGE IS A PRINCIPAL OF WILLIAM BLAIR & COMPANY, L.L.C. 37000 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 AND 2007 SERIES BONDS, SERVES AS THE REMARKETING AGENT FOR THE 2004(B) AND 2007 BONDS, AND SERVES AS SWAP ADVISOR FOR THE 2004(B) AND 2007 BONDS, AND THE COLLEGE PAYS FEES FOR SUCH CONTINUING SERVICES. 0 X 4 64734 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. The process has not changed from the prior year. SHC properties llc 4000 Dauphin street mobile AL 36608 630302179 EDUCATIONAL PURPOSES AL SPRING HILL COLLEGE FOUNDATION REGIONS BANK PO BOX 2527 MOBILE AL 36622 636044261 HOLD ASSETS IN TRUST WHOSE ONLY INCOME BENEFICIARY IS SPRING HILL COLLEGE AL 501(C)(3) 509(A)(3) TYPE III 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0