2011-04-15T10:05:27-05:00 2010-05-31 Fitts Roberts & Co PC 5718 Westheimer Suite 800 Houston TX 77057 990 2009-06-01 741400699 HOUSTON BAPTIST UNIVERSITY HOUS 2816493000 7502 FONDREN RD HOUSTON TX 77074 SANDRA N MOONEY 2816493000 2011-04-15 1 Rose Kay Parker CPA 7132605230 2011-04-15 2009 2016-02-24 21:20:13Z DR ROBERT B SLOAN JR 7502 FONDREN RD HOUSTON TX 77074 78391221 0 X WWW.HBU.EDU X 1960 TX TO PROVIDE INSTRUCTION FOR APPROXIMATELY 2,500 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES 33 33 1001 1250 -18375 -18375 14573089 11286853 46646735 51650385 -5641850 2227231 1905811 1691692 57483785 66856161 18270951 20985177 0 0 28429500 25242595 0 0 1062509 20390057 21541072 67090508 67768844 -9606723 -912683 180245927 182037006 62613884 61528907 117632043 120508099 THE MISSION OF HOUSTON BAPTIST UNIVERSITY IS TO PROVIDE A LEARNING EXPERIENCE THAT INSTILLS IN STUDENTS A PASSION FOR ACADEMIC, SPIRITUAL, AND PROFESSIONAL EXCELLENCE AS A RESULT OF OUR CENTRAL CONFESSION, "JESUS CHRIST IS LORD" 0 0 42229593 20985177 53066333 PROVIDES INSTRUCTION FOR APPROXIMATELY 2,500 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES. 42229593 1 1 0 1 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 1 132 0 1 1001 1 1 1 1 CA 0 0 0 1 1 0 0 0 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X X SANDRA N MOONEY CPA VP FOR FINANCIAL OPERATIONS 2816493000 7502 FONDREN RD HOUSTON TX 77074 RICK BAILEY X 0 0 0 CAROL ANN BONDS X 0 0 0 ROGER BRIDGWATER X 0 0 0 KANDY BRITTAIN X 0 0 0 DAVID R BROOKS X 0 0 0 GEM B CHILDRESS X 0 0 0 MADELINE COLLIER X 0 0 0 RAY L COX JR X 0 0 0 MARK E DENISON X 0 0 0 MARK ESTEP X 0 0 0 WILLIAM H FLORES X 0 0 0 JOHN W GIBSON JR X 0 0 0 PAT GOETTSCHE X 0 0 0 JOSH GUAJARDO X 0 0 0 KEITH W JACOBSON X 0 0 0 TERRELL L JOHNSON X 0 0 0 HOWARD C LEE JR X 0 0 0 DENNIS A MCGUIRE X 0 0 0 J GRADY RANDLE X 0 0 0 BEN RENBERG X 0 0 0 MARC RYLANDER X 0 0 0 ED SEAY X 0 0 0 JOSEPH C SLEETH JR X 0 0 0 CLOIS R SMITH X 0 0 0 RAY STILL X 0 0 0 DAVID Y STUTTS X 0 0 0 JANET TAYLOR X 0 0 0 BILL WILLIAMS X 0 0 0 BRUCE WILLIAMS X 0 0 0 DIANE WILLIAMS X 0 0 0 LARRY WOMACK X 0 0 0 DON WOO X 0 0 0 JOHNNY BAKER X 0 0 0 J BRUCE BELIN JR X 0 0 0 STEWART MORRIS SR X 0 0 0 JIM R SMITH X 0 0 0 GILBERT TURNER X 0 0 0 lYNN kIESEWETTER X 0 0 0 ROBERT B SLOAN 40.00 X 262305 0 0 PAUL J BONICELLI 40.00 X 160594 0 3048 SANDRA N MOONEY 40.00 X 159157 0 0 JAMES L STEEN 40.00 X 153664 0 0 CHARLES E BACARISSE 40.00 X 137604 0 0 SHARON E SAUNDERS 40.00 X 125688 0 0 ROBERT K GAYNOR 40.00 X 109002 0 0 STEVEN C MONIACI 40.00 X 97642 0 0 MOHAN KURUVILLA 40.00 X 160734 0 0 JOHN R BROOKS 40.00 X 138557 0 0 MICHAEL K BOURKE 40.00 X 132270 0 0 PHAEDON P PAPADOPOULOS 40.00 X 120570 0 0 LEVON HAYRAPETYAN 40.00 X 115161 0 0 1872948 0 3048 18 0 1 0 ARAMARK SERVICES INC 1101 MARKET ST PHILADEPHIA PA 19107 FACILITIES MANAGEMENT 2262431 TELLEPSEN BUILDERS LP 777 BENMAR 400 HOUSTON TX 77060 CONSTRUCTION 1328869 ARAMARK EDUCATION PO BOX 1100401 PASADENA CA 91189 CAFETERIA MANAGEMENT 836239 ACADEMIC HEALTH PLANS PO BOX 1605 COLLEYVILLE TX 76034 STUDENT HEALTH CARE 637362 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 ENROLLMENT MANAGEMENT 419973 21 3794328 7492525 3219076 11286853 Tuition and Fees 611600 48707794 48707794 Auxiliary Services 611600 2942591 2907591 35000 51650385 569715 569715 271210 271210 1095108 195829 899279 899279 952654 -53375 11435671 9778155 1657516 1657516 1657516 37433 14524 22909 22909 1854132 1546552 307580 307580 Other 611600 190714 190714 190714 66856161 53066333 -18375 2521350 20985177 20985177 2509218 1252813 1118800 137605 18491010 12776793 5147409 566808 862921 552448 277585 32888 1917427 1348279 468827 100321 1462019 962208 451195 48616 333365 42400 241465 49500 36525 36525 145903 145903 30688 30688 421804 110836 239096 71872 721577 657956 56511 7110 515539 60832 454707 300227 79367 208100 12760 43952 14899 24712 4341 1891592 1891592 3922341 1903522 2018819 461743 -2154 463897 Maintenance and Repairs 1945731 37082 1908649 0 Utilities 1918226 555 1917671 0 Contract Labor and serv 1903055 623314 1279741 0 Athletics 1463003 0 1463003 0 Miscellaneous 1202888 162690 1040198 0 4282913 660576 3622337 67768844 42229593 24476742 1062509 4833326 4147910 1915000 1545375 5959203 2498028 3440380 3994097 304016 293108 593682 537476 760887 692019 131621039 31220733 99672491 100400306 32470834 32846623 3353662 8157615 26224370 26266778 718076 657671 180245927 182037006 6614298 5382302 484292 180196 53000000 52100000 539109 1033970 282617 1976185 2549822 62613884 61528907 X 58643906 60489321 18909933 19137629 40078204 40881149 117632043 120508099 180245927 182037006 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 1 30688 30688 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: UNIVERSITY HIRED A LOBBYING FIRM, RUSS REID COMPANY, TO ASSIST/LOBBY FOR VARIOUS GRANTS FOR THE UNIVERSITY. 0 0 0 0 0 0 0 0 5602855 5602855 X X 0 0 0 72177268 791571 5270695 4722685 -3253810 0 76770659 89896277 3451213 -12760959 4514406 3894857 0 72177268 0.31000 0.53200 0.15800 1 0 2135654 2135654 91715230 12429848 79285382 14304125 7678467 6625658 20947870 9992146 10955724 2518160 1120272 1397888 100400306 REAL ESTATE 25012278 F MINERAL RIGHTS 1254500 F 26266778 BOND INTEREST RATE SWAP LIABILITY 2478449 DEPOSITS 71373 2549822 66856161 67768844 -912683 2511428 2325218 4836646 3923963 53954569 2511432 5572153 8083585 45870984 20985177 20985177 66856161 50030606 3246939 3246939 46783667 20985177 20985177 67768844 Part III, Line 4: THE UNIVERSITY HAS VARIOUS HISTORICAL PIECES WHICH ARE BEING EXHIBITED IN THE UNIVERSITY'S MUSEUM OF SOUTHERN HISTORY AND BIBLE MUSEUM. THERE IS ALSO A CLASSICAL MASTER'S PAINTING IN THE UNIVERSITY CHAPEL. THESE MUSEUMS AND CHAPEL GIVES THE UNIVERSITY THE ABILITY TO GIVE STUDENTS A "HANDS ON" EXPERIENCE WITH HISTORICAL ITEMS RELATED TO RELIGIOUS AND UNITED STATES HISTORY. Part V, Line 4: Description of Intended Use of Endowment Funds: THE UNIVERSITY ENDOWMENT IS USED PRIMARILY TO PROVIDE STUDENTS WITH SCHOLARSHIPS. A SMALLER PORTION FROM THE BOARD DESIGNATED ENDOWMENT IS USED TO HELP THE UNIVERSITY PAY FOR THE ONGOING COSTS RELATED TO MAINTAINING AND OPERATING THE UNIVERSITY. PART X - FIN 48 - THE UNIVERSITY ADOPTED FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES: AN INTERPRETATION OF FASB NO 109 ("FIN 48") IN THE YEAR ENDING MAY 31, 2009. FIN 48 PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. FIN 48 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING TAX RETURNS TO DETERMINE WHETHER TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ADOPTION OF FIN 48 DID NOT HAVE AN AFFECT ON THE UNIVERSITY'S NET ASSET VALUE, FINANCIAL POSITION OR RESULTS OF ACTIVITIES. AS OF MAY 31, 2010 AND FOR THE YEAR THEN ENDED, THE UNIVERSITY DID NOT HAVE AN ASSET OR LIABILITY FOR ANY UNRECOGNIZED TAX POSITIONS. MANAGEMENT'S DETERMINATIONS REGARDING FIN 48 MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED UPON FACTORS INCLUDING, BUT NOT LIMITED TO, AN ON-GOING ANALYSIS OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF. PART XI - LINE 8 - OTHER $2,325,218 THIS IS THE NET PROFIT FOR BSI, A FOR-PROFIT SUBSIDIARY OF HBU, WHICH IS INCLUDED ON THE FINANCIAL STATEMENTS BUT IS NOT INCLUDED ON THE 990 AS BSI FILES ITS OWN FEDERAL TAX RETURNS. PART XII - LINE 2D - OTHER - $5,572,153 INCLUDES: BSI REVENUE $3,784,881; BOOKSTORE COGS $1,546,552; REAL ESTATE EXPENSES $195,829; FUNDRAISING EXPENSES $14,524; MISC EXPENSES $30,367. PART XII & XIII - LINE 4B - OTHER - $20,985,177 FUNDED AND UNFUNDED AID WAS TREATED DIFFERENT PER 990 AS COMPARED TO FINANCIAL STATEMENTS. PART XIII - LINE 2D - OTHER - $3,246,939 OTHER INCLUDES: BSI EXPENSES $1,459,672; BOOKSTORE COGS $1,546,552; REAL ESTATE EXPENSES $195,829; FUNDRAISING EXPENSES $14,524; MISC EXPENSES $30,362. 1 1 1 HBU'S NONDISCRIMINATORY POLICY IS INCLUDED ON OUR WEBSITE AND ALL HBU PUBLICATIONS RELATING TO ENROLLMENT AND STUDENT DIVERSITY. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 HBU RECEIVED GOVERNMENTAL FINANCIAL AID IN THE FORM OF GRANTS. THE MAJORITY OF THESE GRANTS ARE THEN PROVIDED TO THE STUDENTS OF THE UNIVERSITY TO ASSIST WITH PAYING FOR TUITION AND/OR LIVING COSTS. A SMALL PERCENTAGE OF THE GRANTS RECEIVED BY HBU WERE USED BY THE UNIVERSITY TO SPEND ON REGULAR RECURRING OPERATIONAL EXPENSES. 1 Husky Golf Tournament 29250 29250 8882 2 8183 8183 5642 37433 37433 14524 14524 22909 0 SCHOLARSHIPS TO STUDENTS 2015 20057646 BOOK Other Information: Part IV: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE GIVEN TO STUDENTS IN THE FORM OF SCHOLARSHIPS, THEREFORE A DETAILED MONITORING PROCESS IS NOT NECESSARY FOR THE UNIVERSITY. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT B SLOAN 260780 0 0 0 1525 0 0 0 0 0 262305 0 0 0 PAUL J BONICELLI 160398 0 0 0 196 0 0 0 3048 0 163642 0 0 0 SANDRA N MOONEY 158855 0 0 0 302 0 0 0 0 0 159157 0 0 0 JAMES L STEEN 153542 0 0 0 122 0 0 0 0 0 153664 0 0 0 MOHAN KURUVILLA 160472 0 0 0 262 0 0 0 0 0 160734 0 0 0 CRAWFORD EDUCATION FACILITIES CORPORATION 53000000 CONSTRUCTION OF 3 NEW BUILDINGS ON CAMPUS 0 0 53000000 53000000 2008 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 JAMES STEEN CONTROL SHAREHOLDER 66498 ENROLLMENT MANAGEMENT 0 DAVID STUTTS SR. VP - FINANCE 113223 TITLE INSURANCE 0 DAVID BROOKS CONTROL SHAREHOLDER 66498 ENROLLMENT MANAGEMENT 0 X 2 2794375 Appraisal Value X 3 424275 MARKET VALUE X ART EQUIPMENT 1 426 MARKET VALUE 0 0 0 Form 990, Part VI, Section B, line 11 THE AUDIT COMMITTEE OF THE UNIVERSITY IS PROVIDED WITH A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. THEY ARE ASKED TO REVIEW AND PROVIDE ANY FEEDBACK THAT THEY FEEL IS APPROPRIATE. Form 990, Part VI, Section B, line 12c UNIVERSITY REVIEWS ALL ANNUALLY SUBMITTED FORMS AND FOLLOWS-UP WITH ANY MEMBER WHO STATES THAT THEY BELIEVE THEY MAY HAVE A CONFLICT. Form 990, Part VI, Section B, line 15a FOR THE UNIVERSITY'S PRESIDENT, THE BOARD UTILIZES AN EXTERNAL COMPENSATION ADVISORY REPORT FOR NON-PROFITS AND HIGHER-EDUCATION INSTITUTIONS IN ADDITION TO REVIEW OF THE COMPENSATION OF OTHER UNIVERSITIES AND DISCUSSION TO DETERMINE HOW THE UNIVERSITY'S PRESIDENT IS TO BE COMPENSATED. Form 990, Part VI, Section C, line 19 THE UNIVERSITY HAS CHOSEN TO MAKE OUR IRS FORM 990 AVAILABLE UPON REQUEST. THE UNIVERSITY HAS CHOSEN AT THIS POINT NOT TO MAKE PUBLIC OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR. HB HOUSING PARTNERSHIP I LTD 7502 FONDREN RD HOUSTON TX 77074 760503221 APARTMENT RENTAL TX BEECHNUT STREET INC UNRELATED 0 0 BEECHNUT STREET INC 7502 FONDREN RD HOUSTON TX 77074 740292451 REAL ESTATE RENTAL TX HOUSTON BAPTIST UNIVERSITY C 1.00000 HB HOUSING CORPORATION 7502 FONDREN RD HOUSTON TX 77074 760503219 APARTMENT RENTAL TX BEECHNUT STREET INC C 1.00000 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 BEECHNUT STREET INC J 927867 BEECHNUT STREET INC A 17644 HB HOUSING PARTNERSHIP J 92430 BEECHNUT STREET INC N 330535