2024-05-10T16:48:35-05:00 2023-06-30 363168081 SIKICH LLP 3051 HOLLIS DRIVE 3RD FLOOR SPRINGFIELD IL 62704 990 2022-07-01 610461768 UNION COLLEGE UNIO 6065461204 310 COLLEGE STREET BARBOURVILLE KY 40906 JESSICA L JUSTICE VP OF BUSINESS & FINANCE 6065461204 2024-05-10 1 JESSICA JUSTICE 999009999 0 JILL M BOYLE CPA P01246734 2177933363 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARCIA HAWKINS 310 COLLEGE STREET BARBOURVILLE KY 40906 39791452 0 X UNIONKY.EDU X 1922 KY UNION COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE AFFILIATED WITH THE UNITED METHODIST CHURCH 33 33 527 49 0 0 4239670 1975540 24140055 24986985 2476225 680610 0 0 30855950 27643135 13816880 12166648 0 0 9050366 9724237 0 0 317655 9838658 10983609 32705904 32874494 -1849954 -5231359 74613055 73266181 17289644 18291273 57323411 54974908 X UNION IS GROUNDED BY FOUR PILLARS THAT DEFINE OUR FOCUS AS AN ACADEMIC INSTITUTION: SERVICE TO EACH OTHER AND OUR COMMUNITIES; OUR APPALACHIAN CULTURE AND HERITAGE; OUR CORE AFFILIATION WITH METHODISM AND THE LIBERAL ARTS ACADEMIC EXPERIENCE. UNION SERVES EACH OF ITS STUDENTS WITH A SINCERE COMMITMENT TO STRENGTHEN THOSE PILLARS, TO SPARK PASSION AND INSPIRE LIFELONG LEARNING IN ALL THEY DO. 0 0 28177353 12166648 24986985 811 UG STUDENTS, 380 GR STUDENTS, 287 STUDENTS GRADUATED IN 2022-23 - 162 UG AND 125 GR STUDENTS 28177353 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 85 0 527 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 KY X THE ORGANIZATION 6065461204 310 COLLEGE STREET BARBOURVILLE KY 40906 HON DONALD JONES BOARD CHAIR 3.00 X X 0 0 0 TERRI CAHILL VICE CHAIR 3.00 X X 0 0 0 D J WASHINGTON SECRETARY 3.00 X X 0 0 0 TERRY SMALLWOOD TREASURER 3.00 X X 0 0 0 JANE SKIDMORE VICE CHAIR 3.00 X X 0 0 0 JESSICA TERRY BERGMAN BOARD MEMBER 1.00 X 0 0 0 R CHRISTOPHER BOWLING BOARD MEMBER 1.00 X 0 0 0 DR DONALD CALITRI BOARD MEMBER 1.00 X 0 0 0 DR THOMAS C CLARK BOARD MEMBER 1.00 X 0 0 0 DR MARCETTA Y DARENSBOURG BOARD MEMBER 1.00 X 0 0 0 STEVEN EVANS BOARD MEMBER 1.00 X 0 0 0 BILL FULTZ BOARD MEMBER 1.00 X 0 0 0 MIKE GOSS BOARD MEMBER 1.00 X 0 0 0 JAMES C HALL BOARD MEMBER 1.00 X 0 0 0 SHEILA HALTER BOARD MEMBER 1.00 X 0 0 0 CRAIG HARTMAN BOARD MEMBER 1.00 X 0 0 0 DR BILLY HENSLEY BOARD MEMBER 1.00 X 0 0 0 SHAE HOPKINS BOARD MEMBER 1.00 X 0 0 0 HON PAUL F ISAACS BOARD MEMBER 1.00 X 0 0 0 DR RUTH WOOTON-KEE BOARD MEMBER 1.00 X 0 0 0 DR DONALD LANE BOARD MEMBER 1.00 X 0 0 0 DR EDNA MANN BOARD MEMBER 1.00 X 0 0 0 JOSE MARTINEZ BOARD MEMBER 1.00 X 0 0 0 JAMES C MCDOWELL JR BOARD MEMBER 1.00 X 0 0 0 RICH PREWITT BOARD MEMBER 1.00 X 0 0 0 DR KENNETHY RAMSEY BOARD MEMBER 1.00 X 0 0 0 STEPHEN RHODES BOARD MEMBER 1.00 X 0 0 0 HON BIRG E SERGENT BOARD MEMBER 1.00 X 0 0 0 JEFFREY TIPTON BOARD MEMBER 1.00 X 0 0 0 KAY DIXON BOARD MEMBER 1.00 X 0 0 0 CHRIS STUNSON BOARD MEMBER 1.00 X 0 0 0 W DAVID ACKLEY BOARD MEMBER 1.00 X 0 0 0 REV DR BARRY BALL BOARD MEMBER 1.00 X 0 0 0 DR MARCIA HAWKINS PRESIDENT 40.00 X 158737 0 8898 JESSICA L JUSTICE INTERIM VP OF BUSINESS FINANCE 40.00 X 69849 0 6702 LYNN SMITH VP OF HUMAN RESOURCES 40.00 X 55745 0 7467 DAVID WILLIAMS VP OF ENROLLMENT 40.00 X 108175 0 11608 MARISA GREER VP OF ACADEMIC AFFAIRS 40.00 X 86235 0 11084 STEVEN M MORRIS VP OF BUSINESS/FINANCE - UNTIL 7/31 40.00 X 88491 0 2350 BRIAN STRUNK VP OF ADVANCEMENT - UNTIL 7/8 40.00 X 56446 0 3735 623678 0 51844 2 0 1 0 SODEXO 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICE 801972 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LA GRANGE GA 30241 PHYSICAL PLANT SERVICES 735753 SPRINTURT 146 FAIRCHILD STREET SUITE 150 DANIEL ISLAND SC 29492 REPLACE TURF ON FOOTBALL FIELD 662743 SYNERGY CAMPUS SECURITY SYSTEMS PO BOX 1224 LA GRANGE GA 30241 SECURITY SERVICE 215391 WM HUDSON'S CARPET SALES 106 PINE HILL ROAD MANCHESTER KY 40962 CAPRET REPLACEMENT 204375 7 1260374 715166 35434 1975540 TUITION & FEES 611600 21658860 21658860 AUXILIARY 611710 2798851 2798851 OTHER SOURCES 611710 497344 497344 INTEREST & LATE CHARGES 611710 31930 31930 24986985 726258 726258 11732883 369786 11773280 375037 -40397 -5251 -45648 -45648 27643135 24986985 0 680610 12166648 12166648 587894 508659 63465 15770 7855719 6787409 862185 206125 59798 47201 11571 1026 652129 585386 45349 21394 568697 484973 67193 16531 32756 98 32658 178388 178388 2863375 2283865 579419 91 93054 13748 79306 7152 7152 881818 853828 27990 663842 635159 23600 5083 813769 813769 1509773 1509773 685824 356982 328842 SUPPLIES 1867507 1416583 406780 44144 BAD DEBT 754504 754504 MISCELLANEOUS 399553 389759 9794 0 DUES 155551 85080 70471 76743 52202 17050 7491 32874494 28177353 4379486 317655 1263493 534244 609966 2076705 1152640 741925 854704 398221 204029 199257 385336 427983 66683050 29027619 38046265 37655431 29143654 28678381 2952968 2554034 74613055 73266181 731543 1052844 396154 303462 9826032 9367639 5716301 5353688 619614 2213640 17289644 18291273 X 19339057 23108629 37984354 31866279 57323411 54974908 74613055 73266181 X -5231359 2905032 -22176 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 209 209 0 PART II-B, LINE 1: NATIONAL ASSOC OF INEDPENDENT COLLEGES & UNIVERSITIES DUES OF $2,981 OF WHICH 7% IS USED FOR LOBBYING 30236161 244780 3088145 1772626 31796460 30916100 178878 -4642809 1684346 24767823 23482391 110533 8449456 1142280 30900100 24027138 83749 389578 1018074 23482391 22662332 318049 2142756 1096001 24027136 0.28380 0.43320 0.28300 1 0 323000 2064106 2387106 42960889 14068911 28891978 5494287 1334681 4159606 13407991 11486667 1921324 2432777 2137360 295417 37655431 ADVANCES FROM THE FEDERAL GOVERNMENT 167790 STUDENT DEPOSITS 137427 ACCRUED INTEREST PAYABLE 138467 DEPOSITS HELD FOR OTHERS 19956 LINE OF CREDIT 1750000 2213640 X 18327476 2905032 2905032 15422444 178388 12042303 12220691 27643135 20675979 0 20675979 178388 12020127 12198515 32874494 PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE COLLEGE IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE COLLEGE FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. THE COLLEGE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 12,020,127. CHANGE IN BENEFICIAL INTEREST 22,176. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 12,020,127. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE DISCRIMINATION POLICY IS IN THE STUDENT HANDBOOKS AND POSTED AT VARIOUS PLACES ACROSS CAMPUS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL TITLE IV FUNDS FOR STUDENT FINANCIAL AID TO AWARD TO STUDENTS. IT ALSO RECEIVES FUNDS FOR THE SUPPORT OF THESE STUDENTS AS WELL AS FUNDING FOR EARLY START HIGH SCHOOL STUDENT PROGRAM. 1 SCHOLARSHIPS 719 12166648 PART I, LINE 2: FINANCIAL AID SCHOLARSHIPS UNION COLLEGE AWARDS FEDERAL, STATE, ENDOWED AND INSTITUTIONAL AWARDS TO ELIGIBLE STUDENTS ANNUALLY AS DETERMINED BY THE SPECIFIC REQUIREMENTS OF THE VARIOUS GRANTS AND AWARDS. THE FINANCIAL AID OFFICE MAINTAINS ALL DETAILS OF STUDENTS AWARDED, ELIGIBILITY CRITERIA AND AMOUNTS AWARDED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR MARCIA HAWKINS PRESIDENT 149113 0 0 0 9624 0 3247 0 5651 0 167635 0 0 0 PART I, LINE 1A DR. HAWKINS, AS PRESIDENT OF UNION, HAS AGREED AND IS OBLIGED AS A CONDITION OF HER EMPLOYMENT, AND AS A BENEFIT TO UNION, TO RESIDE DURING THE TERM OF THIS AGREEMENT AT BALDWIN PLACE ON THE CAMPUS OF UNION COLLEGE.UNION SHALL PAY ALL UTILITIES, TAXES, INSURANCE AND EXPENSE OF MAINTENANCE AND UPKEEP FOR BALDWIN PLACE, INCLUDING BUT NOT LIMITED TO REPAIRING AND REMODELING BALDWIN PLACE IN ORDER TO KEEP IT AS A RESIDENCE BEFITTING A COLLEGE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL APPROVE ALL REPAIRS AND RENOVATIONS. PART I, LINE 3 THE BOARD OF TRUSTEES APPROVES THE COMPENSATION FOR THE PRESIDENT AND ISSUES A CONTRACT. THE ADMINISTRATION APPROVES COMPENSATION FOR THE OTHER POSITIONS WHERE FACULTY RECEIVE A CONTRACT AND THE OTHERS RECEIVE AN EMPLOYMENT LETTER. A EDUCATIONAL BUILDING REFUNDING 616001779 2011-10-11 10295000 CAPITAL PROJECT 1 0 0 B EDUCATIONAL BUILDING BONDS 616001779 2015-03-27 4665000 CAPITAL PROJECT 1 0 0 A 3080000 10295000 201196 2500000 7593804 2011 0 0 1 1 B 1365000 4665000 169061 1500000 2995939 2015 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 X 200 FMV X 3 34000 FMV X PSICHI MEMBERSHIPS 1 812 FMV X OFFICE ITEMS 1 167 FMV X BIKE RACK 1 125 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THERE IS AN EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THAT HAS THE PROXY TO ACT ON BEHALF OF THE BOARD, INCLUDING TO MAKE AMENDMENTS TO BOARD VOTED DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE VP OF FINANCE PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE IS REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST POLICY EVERY YEAR. THIS POLICY IS REVIEWED AT LEAST ANNUALLY. TRUSTEES WITH CONFLICTS ARE RECUSED FROM THE DISCUSSION AND VOTE IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS SET AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. COMPENSATION IS REVIEWED, APPROVED, AND DOCUMENTED PRIOR TO PROVIDING THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST -22,176. CHARITABLE REMAINDER UNITRUST BENEFICIAL TRUST KY T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0