2026-05-15T09:06:05-05:00 2025-12-31 050568611 SST ACCOUNTANTS & CONSULTANTS PLLC 12720 HILLCREST ROAD SUITE 500 DALLAS TX 752302039 990 2025-01-01 454620000 HALLMARK UNIVERSITY INC HALL 2106909000 9855 WESTOVER HILLS BLVD SAN ANTONIO TX 78251 JOE FISHER CEO 2106909000 2026-05-14 1 JEANETTE VERRELLI P00742631 9723921143 2025 2025-03-06 01:10:19Z JOE FISHER 9855 WESTOVER HILLS BLVD SAN ANTONIO TX 78251 20100265 0 X WWW.HALLMARK.EDU X 2012 TX ESTABLISH AND OPERATE POSTSECONDARY EDUCATIONAL PROGRAMS THAT PROVIDE CAREER-FOCUSED TRAINING AND EDUCATION DESIGNED TO DEVELOP STUDENTS' SKILLS, KNOWLEDGE, AND CHARACTER. ROOTED IN JUDEO-CHRISTIAN PRINCIPLES, THE UNIVERSITY DELIVERS ACCELERATED, HANDS-ON LEARNING EXPERIENCES IN SAN ANTONIO, TEXAS, PREPARING STUDENTS FOR GAINFUL EMPLOYMENT AND MEANINGFUL CONTRIBUTIONS TO THEIR COMMUNITIES. 15 15 201 15 0 0 301490 421037 18662534 19633537 -35614 -237669 65755 -76735 18994165 19740170 185500 524526 0 0 9570413 9748822 0 0 280678 8746943 8607973 18502856 18881321 491309 858849 51740113 52183409 26687561 26179458 25052552 26003951 X TO ESTABLISH AND OPERATE POSTSECONDARY EDUCATIONAL PROGRAMS THAT PROVIDE CAREER-FOCUSED TRAINING AND EDUCATION DESIGNED TO DEVELOP STUDENTS' SKILLS, KNOWLEDGE, AND CHARACTER. ROOTED IN JUDEO-CHRISTIAN PRINCIPLES, THE UNIVERSITY DELIVERS ACCELERATED, HANDS-ON LEARNING EXPERIENCES IN SAN ANTONIO, TEXAS, PREPARING STUDENTS FOR GAINFUL EMPLOYMENT AND MEANINGFUL CONTRIBUTIONS TO THEIR COMMUNITIES.HALLMARK UNIVERSITY, INC. IS A NONDISCRIMINATORY ORGANIZATION THAT PROVIDES EDUCATIONAL SERVICES OPEN TO INDIVIDUALS OF ALL GENDERS, RACES, AND RELIGIONS. THE UNIVERSITY IS COMMITTED TO ESTABLISHING AND MAINTAINING POST-SECONDARY INSTITUTIONS OF LEARNING THAT FOSTER ACADEMIC EXCELLENCE THROUGH A LEARNING ENVIRONMENT GROUNDED IN CHARACTER, INTEGRITY, AND ETHICAL PRINCIPLES.THE UNIVERSITY PROMOTES THE DEVELOPMENT OF KNOWLEDGE, SKILLS, AND VALUES APPLICABLE TO BUSINESS, EDUCATION, RESEARCH, THE ARTS, GOVERNMENT, AND COMMUNITY SERVICE, WHILE ALSO CULTIVATING PARTNERSHIPS WITH INDUSTRY TO ENHA 0 0 11203578 524526 19633537 HALLMARK UNIVERSITY, INC. PROVIDES CAREER-FOCUSED POSTSECONDARY EDUCATION DESIGNED TO DEVELOP STUDENTS' SKILLS, KNOWLEDGE, AND CHARACTER FOR SUCCESSFUL EMPLOYMENT. THROUGH A COMBINATION OF CLASSROOM INSTRUCTION AND HANDS-ON TRAINING, STUDENTS GAIN PRACTICAL EXPERIENCE AND TECHNICAL COMPETENCIES IN REAL-WORLD SETTINGS. THE UNIVERSITY OFFERS PROGRAMS IN AERONAUTICS, BUSINESS, NURSING, AND INFORMATION TECHNOLOGY.DURING 2025, HALLMARK UNIVERSITY CONTINUED TO DELIVER EDUCATIONAL SERVICES ACROSS ITS ACADEMIC PROGRAMS, SERVING STUDENTS THROUGH ITS ACCELERATED LEARNING MODEL. THE UNIVERSITY AWARDED APPROXIMATELY 330 DEGREES TO STUDENTS WHO SUCCESSFULLY COMPLETED PROGRAM REQUIREMENTS DURING THE YEAR. AS OF DECEMBER 2025, TOTAL ENROLLMENT WAS APPROXIMATELY 710 STUDENTS ACROSS ALL PROGRAMS. 11203578 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 28 0 1 201 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANTONIO ESTRADA 2106909000 9855 WESTOVER HILLS BLVD SAN ANTONIO TX 78251 PAUL NGUYEN CHAIRMAN 15.00 X X 0 0 0 DEAN RUSH VICE CHAIR 10.00 X X 0 0 0 VANESSA KENON SECRETARY 5.00 X X 0 0 0 NEAL ASKEW PARLIAMENTARIAN 5.00 X 0 0 0 TIM LYLES TRUSTEE 5.00 X 0 0 0 MARY NELSON TRUSTEE 5.00 X 0 0 0 ELIZABETH CONKLYN TRUSTEE 5.00 X 0 0 0 MARIA H FERRIER TRUSTEE 5.00 X 0 0 0 JON ALLMAN TRUSTEE 5.00 X 0 0 0 WILLIAM FISHER TRUSTEE 5.00 X 0 0 0 CHAD WHITE TRUSTEE 5.00 X 0 0 0 JERRY VALDEZ TRUSTEE 5.00 X 0 0 0 TODD GOLD TRUSTEE 5.00 X 0 0 0 THEODORE GUIDRY II TRUSTEE 5.00 X 0 0 0 TED TERRAZAS TRUSTEE 5.00 X 0 0 0 JOE FISHER CEO 40.00 X 268207 0 9306 TAYLOR MERCIER SR. VP UNIVERSITY OPERATIO 40.00 X 229745 0 19114 ANTONIO ESTRADA CFO & VP OF FINANCIAL AFFAIRS 40.00 X 152077 0 1313 STAN YOUNGER DEAN COLLEGE OF AERONAUTICS 40.00 X 163259 0 5500 DANA HAGEN VP OF ACADEMIC AFFAIRS 40.00 X 164730 0 10841 SANDI WOLFF VP COMMUNITY ENGAGEMENT AND ADVANCEMENT 40.00 X 133622 0 8376 RACQUEL SULLEMUN VP STUDENT SUPPORT SERVICES 40.00 X 129853 0 13542 PAMELA MORENO DEAN OF SCHOOL OF NURSING 40.00 X 157765 0 5710 1399258 0 73702 11 0 1 0 0 160496 260541 421037 TUITION AND FEES 611600 19633537 19633537 19633537 27691 27691 265360 -265360 -265360 -265360 18000 160496 94735 -76735 -76735 19740170 19633537 0 -314404 15000 15000 509526 509526 679762 679762 7933415 6524624 1212239 196552 148562 119260 24335 4967 337927 204680 128050 5197 649156 502826 131121 15209 49150 49150 6602 6602 264122 4265 253729 6128 1848328 180 1848148 475105 182388 258150 34567 592758 1125 591585 48 1094396 794114 290810 9472 14671 5430 7497 1744 8624 8624 1154114 1154114 1351921 1211997 133976 5948 202660 202660 STUDENT ASSESSMENTS/CER 621547 589013 31688 846 BOOKS, TOOLS, TEACHING 490806 489981 825 BAD DEBTS 384000 384000 LEARNING RESOURCE CENTE 49169 49169 18881321 11203578 7397065 280678 8640147 10482185 146831 155417 125850 61788 1110824 1400553 17410 76152 721519 513000 28599466 7032043 23109427 21567423 1204327 1376406 49920 53192 15427924 15427924 1185934 1069369 51740113 52183409 1947287 1647624 1510779 1738924 22838258 22458992 391237 333918 26687561 26179458 X 24552509 25493559 500043 510392 25052552 26003951 51740113 52183409 858849 92550 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500043 250584 195714 44500 21 510392 517876 182504 195362 4975 500043 576348 323490 11294 643 370025 517876 198316 427523 16549 31850 1092 576348 56541 170481 21206 7500 198316 0.26725 0.73275 0 0 3885000 3885000 17541361 1720846 15820515 175178 162298 12880 6075282 4478136 1597146 922645 670763 251882 21567423 OPERATING LEASE LIABILITY 333918 333918 X PART V, LINE 4: AS OF DECEMBER 31, 2025, NET ASSETS WITH DONOR RESTRICTIONS WERE RESTRICTED FOR USE IN THE FOLLOWING PROGRAMS: STUDENT SCHOLARSHIP FUNDS $267,034 TIME RESTRICTION - GENERAL OPERATIONS 3,500 CAPITAL CAMPAIGN 103,954 AVERY AND HENRY SCHOLARSHIPS IN PERPETUITY 135,904 TOTAL $510,392 PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF THE FASB ASC TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO AMOUNTS HAVE BEEN ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL AND STATE TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HALLMARK UNIVERSITY, INC. WAS NOT OPERATIONAL AS AN EXEMPT NONPROFIT ENTITY UNTIL 2013. THE SCHOOL COMPLIES WITH ALL NONDISCRIMINATORY POLICY PUBLICATION REQUIREMENTS SET FORTH IN REV. PROC. 75-50, 1975-2 C.B. 587. SCHEDULE E, PART I, LINE 6 HALLMARK UNIVERSITY, INC. PARTICIPATES IN STUDENT FINANCIAL AID (SFA) UNDER THE TITLE IV PROGRAMS ADMINISTERED BY THE DEPARTMENT OF EDUCATION PURSUANT TO THE HIGHER EDUCATION ACT OF 1965, AS AMENDED (HEA). GALA 178496 160496 18000 27244 42845 3538 21108 178496 160496 18000 27244 42845 3538 21108 94735 -76735 1 THE DEE HOWARD FOUNDATION 9901 IH10 WEST SUITE 8000 SAN ANTONIO TX 78229 814636512 501(C)(3) 10000 0 GENERAL SUPPORT 1 SCHOLARSHIPS 317 509526 PART I, LINE 2: HALLMARK MAKES GRANTS TO WORTHY ORGANIZATIONS THAT HAVE THE SAME BELIEFS AS THE UNIVERSITY. BASED ON THIS RELATIONSHIP THERE IS NO NEED TO MONITOR THE FUNDS GIVEN. FOR SCHOLARSHIPS GIVEN, THE OFFICE OF FINANCIAL AID WILL REVIEW AND MONITOR EACH STUDENT'S FAFSA AND ACADEMIC RECORDS TO DETERMINE IF THE ELIGIBILITY/RENEWAL CRITERIA ARE MET. THE OFFICE OF FINANCIAL AID WILL INFORM THE STUDENTS OF THEIR ELIGIBILITY FOR THE RESPECTIVE INSTITUTIONAL GRANTS AND SCHOLARSHIPS. X X X X 0 0 0 0 0 0 0 0 0 JOE FISHER CEO 268207 0 0 0 0 0 9306 0 0 0 277513 0 0 0 TAYLOR MERCIER SR. VP UNIVERSITY OPERATIO 229745 0 0 0 0 0 8241 0 10873 0 248859 0 0 0 DANA HAGEN VP OF ACADEMIC AFFAIRS 164730 0 0 0 0 0 5004 0 5837 0 175571 0 0 0 STAN YOUNGER DEAN COLLEGE OF AERONAUTICS 157093 0 6166 0 0 0 0 0 5500 0 168759 0 0 0 PAMELA MORENO DEAN OF SCHOOL OF NURSING 157085 0 680 0 0 0 1783 0 3927 0 163475 0 0 0 ANTONIO ESTRADA CFO & VP OF FINANCIAL AFFAIRS 152077 0 0 0 0 0 1313 0 0 0 153390 0 0 0 A CITY OF SAN ANTONIO TEXAS EDUCATION FACILITIES CORPORATION 796247DY7 2021-11-10 23550000 PURCHASING LAND AND RENOVATING THE EXISTING BUILDING FOR NEW MAIN CAMPUS 0 1 0 A 1460000 24160201 3457024 20703177 2022 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF SAN ANTONIO, TEXAS EDUCATION FACILITIES CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 12/18/2025 PARTI II, LINE 3 - PROCEEDS THE BOND PROCEEDS OF $24,160,201.10 CONTAINS THE BOND ISSUER PRICE OF $23,550,000, A PREMIUM OF $1,011,728.60 AND A DISCOUNT OF $401,527.50. PART III, LINE 9; PART IV, LINE 7; PART V HALLMARK UNIVERSITY HAS BOND-SPECIFIC PROCEDURES AND PRACTICES IN PLACE, BUT THE FORMAL WRITTEN PROCEDURES ARE CURRENTLY BEING DEVELOPED AND DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED FOR ACCURACY AND COMPLETENESS BY HALLMARK UNIVERSITY'S CFO AND CEO. A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ON A YEARLY BASIS. ANY CONFLICTS THAT ARISE DURING THE YEAR ARE ADDRESSED. ANY PERSON WITH A CONFLICT DOES NOT PARTICIPATE IN ANY DECISION RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, AN INDEPENDENT CPA FIRM COMPILED COMPENSATION DATA FROM COMPARABLE ORGANIZATIONS; DATA WAS SUBMITTED TO THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE. AFTER REVIEWING THE COMPENSATION DATA, THE COMMITTEE AUTHORIZED SALARIES FOR THE ORGANIZATION'S CEO, OTHER OFFICERS, AND KEY EMPLOYEES. 5-YEAR CONTRACTS WERE EXECUTED FOR THE AUTHORIZED COMPENSATION, FOR ALL APPLICABLE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HALLMARK CONSULTING GROUP LLC 9855 WESTOVER HILLS BLVD SAN ANTONIO TX 78251 844839611 CONSULTING TX HALLMARK UNIVERSITY INC C 89474 741938 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0