2023-05-12T13:19:35-05:00 2022-06-30 FORVIS LLP 312 WALNUT STREET SUITE 3000 CINCINNATI OH 45202 990 2021-07-01 610469267 CAMPBELLSVILLE UNIVERSITY INC % TIM JUDD CAMP 2707895000 1 UNIVERSITY DRIVE CAMPBELLSVILLE KY 42718 MR TIM JUDD VP FINANCE 2707895000 2023-05-15 true MR TIM JUDD 999009999 Aaron Hershberger P00961884 5136218300 2 2021 2023-04-26 12:10:37Z DR JOSEPH HOPKINS 1 UNIVERSITY DRIVE CAMPBELLSVILLE KY 42718 138184416 false X WWW.CAMPBELLSVILLE.EDU X 1906 KY SEE SCHEDULE O 33 31 1880 154 100353 89740 11130434 21091404 125712556 112870422 2494211 2401696 2989273 821622 142326474 137185144 27136169 30019404 0 0 50427931 51839554 0 0 1206870 46629510 47185110 124193610 129044068 18132864 8141076 197242279 209194782 55803315 62475131 141438964 146719651 X CAMPBELLSVILLE UNIVERSITY IS A COMPREHENSIVE, CHRISTIAN INSTITUTION THAT OFFERS NON-CREDIT TECHNICAL PROGRAMS, ALONG WITH CERTIFICATES, ASSOCIATES, UNDERGRADUATE AND GRADUATE PROGRAMS. THE UNIVERSITY IS DEDICATED TO ACADEMIC EXCELLENCE SOLIDLY GROUNDED IN THE LIBERAL ARTS THAT FOSTERS PERSONAL GROWTH, INTEGRITY AND PROFESSIONAL PREPARATION WITHIN A CARING ENVIRONMENT. THE UNIVERSITY PREPARES STUDENTS AS CHRISTIAN SERVANT LEADERS FOR LIFE-LONG LEARNING, CONTINUED SCHOLARSHIP BY LINKING DISCOVERY RESEARCH TO KNOWLEDGE AT THE DOCTORAL LEVEL, AND ACTIVE PARTICIPATION IN A DIVERSE, GLOBAL SOCIETY. false false 119954088 30019404 112947797 TO PROVIDE A QUALITY LIBERAL ARTS EDUCATION TO STUDENTS UTILIZING THE FOUR CORE VALUES OF THE INSTITUTION WHICH INCLUDE: TO FOSTER ACADEMIC EXCELLENCE THROUGH PRE-PROFESSIONAL CERTIFICATES, ASSOCIATES, BACCALAUREATE AND MASTER'S PROGRAMS THROUGH TRADITIONAL, TECHNICAL AND ONLINE SYSTEMS; TO PROVIDE AN ENVIRONMENT CONDUCIVE TO STUDENT SUCCESS; TO UPHOLD THE DIGNITY OF ALL PERSONS AND VALUE DIVERSE PERSPECTIVES WITHIN A CHRIST-CENTERED COMMUNITY; AND TO MODEL SERVANT LEADERSHIP THROUGH EFFECTIVE STEWARDSHIP OF RESOURCES. OVER 90% OF OUR STUDENTS RECEIVE STUDENT FINANCIAL AID IN THE FORM OF ACADEMIC SCHOLARSHIPS, GRANTS, LOANS AND STUDENT EMPLOYMENT OPPORTUNITIES. THE UNIVERSITY HAS OVER 100 ACADEMIC PROGRAMS AND IS COMMITTED TO ACADEMIC EXCELLENCE THROUGH A STUDENT TO FACULTY RATIO OF 16:1. 119954088 true true false false false false true true false true true false false false true true false true true false false false false false true false false false true true true false false false false false false false true true false true false false false true true false false false true 141 0 true 1880 true true true false false false true true true true false false false false false false false false X 33 31 false false false false false false false true true false false true true true true true true true true false CA KY TN VA X TIM JUDD 2707895587 1 UNIVERSITY DRIVE CAMPBELLSVILLE KY 42718 DR MICHAEL V CARTER FORMER PRESIDENT 1.0 0.0 X 376982 0 2194 DR H KEITH SPEARS CHANCELLOR 50.0 0.0 X 337406 0 18769 MR KIRAN PALLA INSTRUCTOR IN BUSINESS 40.0 0.0 X 259220 0 14597 DR ANIL PALLA ASST PROFESSOR OF BUSINESS 40.0 0.0 X 232140 0 27693 DR NAGAMANI PALLA LEAD PROFESSOR OF BA500 40.0 0.0 X 217823 0 26612 DR DONNA HEDGEPATH PROVOST/VP ACAD AFFAIRS 50.0 0.0 X 210703 0 12296 DR SUNNY ONYIRI PROFESSOR BUSINESS/ACCOUNTING 40.0 0.0 X 194522 0 27956 DR PATRICIA COWHERD PROFESSOR OF BUSINESS 40.0 0.0 X 175144 0 24350 MR TIMOTHY JUDD VP OF FINANCE 50.0 0.0 X 157115 0 10538 DR JOHN CONNER EXECUTIVE DIRECTOR OF OPS GBP 40.0 0.0 X 167401 0 178 MR OTTO TENNANT SVP OPERATIONS & ADMIN 50.0 0.0 X 153262 0 9968 MR CLAUDE HOLLINGSWORTH VP STUDENT SERVICES/ATHLETICS 50.0 0.0 X 139270 0 15499 DR BENJI KELLY VP DEVELOPMENT 50.0 0.0 X 141580 0 10787 DR MICHAEL SHANE GARRISON VP ENROLLMENT SERVICES 50.0 0.0 X 126506 0 7546 MR IVAN BENNETT TRUSTEE 1.0 0.0 X 0 0 0 MR KENNY BENNET ACADEMIC CHAIR 1.0 0.0 X X 0 0 0 MR BARRY BERTRAM TRUSTEE 1.0 0.0 X 0 0 0 MR JERRY BLANKENSHIP TRUSTEE 1.0 0.0 X 0 0 0 MR BARRY BLEVINS TRUSTEE 1.0 0.0 X 0 0 0 MR STEVE BRANSCUM TRUSTEE 1.0 0.0 X 0 0 0 MRS PAT BURKHART TRUSTEE 1.0 0.0 X 0 0 0 DR ANNA MARY BYRDWELL VICE CHAIR 1.0 0.0 X X 0 0 0 DR JOEL CARWILE TRUSTEE 1.0 0.0 X 0 0 0 MR DAVID COZART TRUSTEE 1.0 0.0 X X 0 0 0 DR DOUG FELTNER TRUSTEE 1.0 0.0 X 0 0 0 DR DONNIE GOSSER TRUSTEE - 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TERM ENDED 1.0 0.0 X 0 0 0 MRS ASHLI WATTS TRUSTEE 1.0 0.0 X X 0 0 0 MS JANE WHEATLY SECRETARY 1.0 0.0 X X 0 0 0 MR WM STEVE WRIGHT TRUSTEE 1.0 0.0 X 0 0 0 DR JOSEPH HOPKINS PRESIDENT-TERM START FEB 2022 50.0 0.0 X 0 0 0 2889074 0 208983 44 true true false WILEY EDUCATION SERVICES LLC 1415 WEST 22ND STREET OAKBROOK IL 60523 ONLINE PLATFORM 7114585 PRO-SERVICES INC 541 BLUE HOLE RD CAMPBELLSVILLE KY 42718 CONSTRUCTION 1891943 PIONEER COLLEGE CATERERS 25055 W VALLEY PKWY SUITE 120 OLATHE KS 66061 FOOD SERVICES 4041742 UNIVERSITY HUB INC 23554 STATE ROAD 54 LUTZ FL 33559 MARKETING 7927688 BLEVINS CONSTRUCTION 1728 GREENSBURG ROAD CAMPBELLSVILLE KY 42718 CONSTRUCTION 1537218 21 100144 13957697 7033563 307447 21091404 TUITION AND FEES 611710 102945474 102945474 STUDENT HOUSING AND MEALS 611710 7801000 7801000 CAMP OUTREACH PROGRAM 611710 787743 787743 OTHER PROGRAM 611710 1336205 1336205 112870422 417057 100353 316704 431 431 0 1032877 346037 686840 0 686840 686840 2597860 613652 2597860 -613652 1984208 1984208 63597 100144 39583 24014 24014 0 0 0 0 0 0 ATHLETICS INCOME 611710 276953 276953 ACTUARIAL ADJUSTMENT SPLIT INTEREST 611710 -199578 -199578 LAUNDRY AND VENDING 611710 33393 33393 110768 137185144 112947797 100353 3045590 0 30019404 30019404 0 0 0 1452301 996591 313880 141830 584662 584662 39934201 36990923 2409319 533959 769893 589318 142608 37967 6148435 5696078 345950 106407 2950062 2716754 185785 47523 0 1246775 993236 253164 375 90834 90834 0 0 213720 213720 12375600 11988554 379176 7870 8643024 8418210 219814 5000 3007218 2794235 182890 30093 2708470 2097322 607275 3873 0 6711358 6383229 320124 8005 2045814 1938354 42926 64534 0 0 1553817 1461669 89314 2834 0 5089209 4768414 311551 9244 274385 274385 MISCELLANEOUS 3224886 1242750 1774780 207356 129044068 119954088 7883110 1206870 0 0 20572752 26729862 810394 2867158 5779430 5419630 0 0 0 0 226164 135523 115269 90158 635184 1544157 165874089 39086575 125196914 126787514 33271430 36864538 0 0 0 0 0 0 10634742 8756242 197242279 209194782 10448429 8883861 0 0 2772231 3703345 35769505 44499406 0 0 0 0 39062 3924280 0 0 6774088 1464239 55803315 62475131 X 108488368 110920451 32950596 35799200 141438964 146719651 197242279 209194782 X 8141076 -2057175 -803214 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 105.00 1 false 500.00 19690 X false 34846928 936623 634048 510720 -23172 210050 35720001 29485694 1031169 9041890 477934 4037613 196278 34846928 29384985 546614 24622 470527 29485694 20968711 7838152 1033896 455774 29384985 13976207 6439814 1205044 494701 157653 20968711 0.34290 0.44940 0.20770 true false 18624786 18624786 125755440 32668483 93086957 827328 355750 471578 17171611 6062342 11109269 3494924 3494924 126787514 0 ASSETS HELD FOR OTHERS 165248 ANNUITIES AND TRUSTS PAYABLE 1298991 1464239 X SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE UNIVERSITY HAS ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS RELATED TO UNCERTAIN TAX POSITIONS. THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN POSITIONS ON OPEN RETURNS THAT SHOULD BE REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2022. CAMPBELLSVILLE UNIVERSITY RESEARCH COMPANY, LLC IS A LIMITED LIABILITY COMPANY FORMED IN FEBRUARY 2017, WHOSE SOLE MEMBER IS CAMPBELLSVILLE UNIVERSITY. THE LIMITED LIABILITY COMPANY ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION 740. THERE IS NO MATERIAL TAX EXPENSE FOR THE YEAR ENDED JUNE 30, 2022. SCHEDULE D, PART II, LINE 9 THE UNIVERSITY EVALUATED THE NATURE OF THE CONSERVATION EASEMENTS IN PLACE FOR TWO PROPERTIES IT HOLDS. OUR FINDING WAS THAT THESE EASEMENTS NEITHER INCREASED OR DECREASED THE MARKET VALUE OF THE PROPERTY OR ITS USE FOR EDUCATIONAL PURPOSES. THE PROPERTIES WERE ACQUIRED AND RECORDED AT FAIR MARKET VALUE. THE PROPERTIES ARE HELD IN PERPETUITY AND ADJUSTED TO FAIR MARKET VALUE ANNUALLY. NO FURTHER MODIFICATIONS ARE MADE DUE TO THESE EASEMENTS. SCHEDULE D, PART III, LINE 1A ALL COLLECTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS ARE CAPITALIZED. ITEMS ADDED TO THE COLLECTIONS ARE CAPITALIZED AT COSTS IF PURCHASED, OR AT ESTIMATED FAIR VALUE ON THE ACQUISITION DATE IF DONATED. COLLECTION ITEMS SOLD OR REMOVED ARE REPORTED AS UNRESTRICTED OR TEMPORARILY RESTRICTED GAINS OR LOSSES DEPENDING ON DONOR STIPULATIONS, IF ANY, PLACED ON THE ITEMS AT THE TIME OF ACQUISITION. SCHEDULE D, PART III, LINE 4 EDUCATIONAL BOOKS AND RARE EQUIPMENT TO ENHANCE THE EDUCATIONAL EXPERIENCE PROVIDED IN THE ACADEMIC PROGRAM SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS THE PURPOSE OF THE UNIVERSITY'S ENDOWMENT IS TO SUPPORT STUDENT FINANCIAL AID AND DEPARTMENTAL EXPENSES BASED ON ENDOWMENT DONOR RESTRICTIONS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S POLICY IS PUBLISHED ANNUALLY VIA THE UNIVERSITY WEBSITE AND IN ALL EMPLOYEE/STUDENT HANDBOOKS AND/OR MANUALS. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY RECEIVES FEDERAL AND STATE GRANTS PRIMARILY FOR STUDENT FINANCIAL AID. THESE FUNDS ARE AWARDED AND MANAGED ACCORDING TO FEDERAL AND STATE GUIDELINES AND ARE AUDITED ON AN ANNUAL BASIS BY OUR EXTERNAL AUDITORS TO ENSURE COMPLIANCE WITH ALL APPLICABLE LAWS AND PROVISIONS. SUCCESS DINNER 60775 54650 6125 4341 500 BMC AUCTION 38293 13856 24437 4585 933 3 64673 31638 33035 1000 5164 12359 900 9801 163741 100144 63597 1000 5164 21285 1400 10734 39583 24014 true STUDENT FINANCIAL AID 2185 23658283 CRRSAA FUNDS 3652 6361121 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY HAS DEVELOPED A QUANTIFIED ANALYSIS OF OUR AWARDING PRACTICES AND POLICIES. THESE PRACTICES AND POLICIES ARE REVIEWED ANNUALLY TO DETERMINE WHETHER CHANGES ARE NEEDED TO OUR PHILOSOPHY AND FINANCIAL AID PACKAGING PHILOSOPHY. X X X X X true false false false false false false false false DR MICHAEL V CARTER FORMER PRESIDENT 0 0 0 0 376982 0 2194 0 0 0 379176 0 DR JOHN CONNER EXECUTIVE DIRECTOR OF OPS GBP 167401 0 0 0 0 0 0 0 178 0 167579 0 DR DONNA HEDGEPATH PROVOST/VP ACAD AFFAIRS 210703 0 0 0 0 0 11910 0 386 0 222999 0 MR CLAUDE HOLLINGSWORTH VP STUDENT SERVICES/ATHLETICS 139270 0 0 0 0 0 7857 0 7642 0 154769 0 MR TIMOTHY JUDD VP OF FINANCE 157115 0 0 0 0 0 8747 0 1791 0 167653 0 DR BENJI KELLY VP DEVELOPMENT 141580 0 0 0 0 0 7966 0 2821 0 152367 0 DR H KEITH SPEARS CHANCELLOR 337406 0 0 0 0 0 18370 0 399 0 356175 0 MR OTTO TENNANT SVP OPERATIONS & ADMIN 153262 0 0 0 0 0 8556 0 1412 0 163230 0 DR SUNNY ONYIRI PROFESSOR BUSINESS/ACCOUNTING 194522 0 0 0 0 0 11029 0 16927 0 222478 0 DR NAGAMANI PALLA LEAD PROFESSOR OF BA500 217823 0 0 0 0 0 12390 0 14222 0 244435 0 MR KIRAN PALLA INSTRUCTOR IN BUSINESS 259220 0 0 0 0 0 14201 0 396 0 273817 0 DR ANIL PALLA ASST PROFESSOR OF BUSINESS 232140 0 0 0 0 0 13398 0 14295 0 259833 0 DR PATRICIA COWHERD PROFESSOR OF BUSINESS 175144 0 0 0 0 0 10140 0 14210 0 199494 0 SCHEDULE J, PART I, LINE 4A Severance Payments The University made severance payments in the amount of $376,982 to Dr. Michael Carter. A CITY OF CAMPBELLSVILLE KY 616002310 134517DH1 2017-08-30 16195000 CURRENT REFUNDING 2017 SERIES false false false B CITY OF CAMPBELLSVILLE KY 616002310 134517CZ2 2014-05-01 9750000 Current Refunding 2014 Series false false false C CITY OF CAMPBELLSVILLE KY 616002310 134517CK5 2013-09-30 17850000 Current Refunding 2013A Series false false false D CAMPBELLSVILLE-TAYLOR COUNTY ECONOMIC DEVELOPMENT 621738044 2022-06-03 10000000 CAMPUS IMPROVEMENTS/UPGRADES false false false A 420000 0 16529867 284200 0 0 322129 0 0 3935723 9531081 0 2014 true true true true B 1850000 0 9721331 211425 0 0 190250 0 0 2001705 17325495 0 2015 true false true true C 5135000 0 19657902 366534 0 0 330702 0 0 0 12272015 0 2019 true false true true D 0 0 10000000 0 0 0 106448 0 0 0 0 9893552 false false false true A false false false false true 0 false false false true B false false true true false true 0 false false false true C false false false false true 0 false false false true D false false false false true 0 false false false true A false false false true false false 0 false 0 false true B false false true false false false 0 false 0 false true C false false true false false false 0 false 0 false true D false false false false false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART IV, LINE 2 THE REBATE COMPUTATION WAS PERFORMED ON NOVEMBER 22, 2019. DEBBIE CARTER FAMILY MEMBER OF OFFICER 78967 COMPENSATION false ERIC CARTER FAMILY MEMBER OF OFFICER 96823 COMPENSATION false WESLEY CARTER FAMILY MEMBER OF OFFICER 14375 COMPENSATION false ARIEL DARNELL-CARTER FAMILY MEMBER OF OFFICER 19250 COMPENSATION false COURTNEY MURRAY CARTER FAMILY MEMBER OF OFFICER 59772 COMPENSATION false PAM TENNANT FAMILY MEMBER OF OFFICER 37405 COMPENSATION false JENNIFER GARRISON 58206 COMPENSATION false NANCY WALTERS FAMILY MEMBER OF OFFICER 14515 COMPENSATION false PETE HEDGEPATH FAMILY MEMBER OF OFFICER 36209 COMPENSATION false JASON SPEARS FAMILY MEMBER OF OFFICER 89052 COMPENSATION false BLEVIN'S CONSTRUCTION 1152057 BUILDING CONTRACTOR false LARRY D NOE TRUSTEE OWNED COMPANIES 147785 RENTAL AGREEMENTS false MARIAN SPEARS FAMILY MEMBER OF OFFICER 11433 COMPENSATION false JOETTA KELLY FAMILY MEMBER OF OFFICER 68655 COMPENSATION false SCHEDULE L, PART IV TRANSACTIONS WITH INTERESTED PERSONS DURING THE FISCAL YEAR, CAMPBELLSVILLE UNIVERSITY ENTERED INTO THE FOLLOWING BUSINESS TRANSACTIONS WITH CURRENT UNIVERSITY TRUSTEES. BLEVIN'S CONSTRUCTION, OWNED BY BARRY BLEVINS WHO IS A CURRENT UNIVERSITY TRUSTEE, FOR BUILDING CONTRACTOR SERVICES IN THE AMOUNT OF $1,152,057. LARRY D. NOE, A CURRENT UNIVERSITY TRUSTEE, FOR RENTAL AGREEMENTS IN THE AMOUNT OF $147,785. X 11077 FMV X 1 120000 FMV X 13 11946 FMV X 1 73110 FMV X EQUIPMENT 32 33468 FMV X UNREIMB EXPENSES 6 10678 COST 93 false true false PART I, COLUMN B NUMBER THE NUMBER REPORTED ON PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION CAMPBELLSVILLE UNIVERSITY IS A COMPREHENSIVE, CHRISTIAN INSTITUTION THAT OFFERS NON-CREDIT TECHNICAL PROGRAMS ALONG WITH CERTIFICATES, ASSOCIATES, UNDERGRADUATE AND GRADUATE PROGRAMS. THE UNIVERSITY IS DEDICATED TO ACADEMIC EXCELLENCE SOLIDLY GROUNDED IN THE LIBERAL ARTS THAT FOSTERS PERSONAL GROWTH, INTEGRITY AND PROFESSIONAL PREPARATION WITHIN A CARING ENVIRONMENT. THE UNIVERSITY PREPARES STUDENTS AS CHRISTIAN SERVANT LEADERS FOR LIFE-LONG LEARNING, CONTINUED SCHOLARSHIP BY LINKING DISCOVERY RESEARCH TO KNOWLEDGE AT THE DOCTORAL LEVEL, AND ACTIVE PARTICIPATION IN A DIVERSE, GLOBAL SOCIETY. FORM 990, PART VI, SECTION B, LINE 11B PROCESS OF THE REVIEW OF FORM 990 THE FORM 990 IS PREPARED AND REVIEWED BY A CERTIFIED PUBLIC ACCOUNTING FIRM. THE UNIVERSITY'S FINANCE AND ACCOUNTING TEAM REVIEWS THE RETURN PRIOR TO PROVIDING A COPY TO THE AUDIT COMMITTEE FOR REVIEW. THE UNIVERSITY AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS DELEGATED THE RESPONSIBILITY OF REVIEWING THE 990 RETURN PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION'S PRACTICE FOR MONITORING COMPLIANCE ANNUALLY EVERY BOARD MEMBER, ADMINISTRATIVE LEADERS, AND ANY EMPLOYEES DEEMED NECESSARY ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT OF RECEIPT OF THE UNIVERSITY CONFLICT OF INTEREST POLICY AND DISCLOSE ANY SUCH INTERESTS TO THE DELEGATED REPRESENTATIVE ON CAMPUS FOR FURTHER REVIEW IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW PROCESS FOR THE PRESIDENT/CEO THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY, OR AS PRESCRIBED IN THE WRITTEN CONTRACT, BY THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES. IN THE REVIEW PROCESS, COMPARABLE DATA FOR EXECUTIVE COMPENSATION IS REVIEWED WHICH CONSISTS PRIMARILY OF THE YAFFEE AND CCCU COMPENSATION SURVEYS AS WELL AS PEER 990 FILINGS. A RESOLUTION FROM THE PERSONNEL COMMITTEE IS SENT TO THE FULL BOARD OF TRUSTEES FOR FINAL APPROVAL IN AN EXECUTIVE SESSION. THE RESOLUTION IS REVIEWED/APPROVED ANNUALLY AT THE AUGUST BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION REVIEW PROCESS FOR ALL EMPLOYEES THE COMPENSATION FOR OTHER ADMINISTRATIVE OFFICERS IS DELEGATED TO THE UNIVERSITY PRESIDENT BY THE BOARD OF TRUSTEES FOR THE UNIVERSITY. THE PRESIDENT REVIEWS COMPENSATION FOR OFFICERS ANNUALLY USING COMPARABLE DATA FROM YAFFEE, CCCU, AND THE CHRONICLE FOR HIGHER EDUCATION FOR OFFICER SALARIES AT PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE INSTITUTION ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE UNIVERSITY. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS EXPLANATION CHANGE IN FAIR VALUE OF BENEFICIAL INTERESTS IN TRUSTS: $(323,214) EXTRAORDINARY LOSS ON RECEIVABLE: (480,000) TOTAL: $(803,214) CVILLE UNIV RESEARCH COMPANY LLC UNIVERSITY DRIVE UPO869 CAMPBELLSVILLE KY 42718 821517859 PLACEMENT KY 8526 100 CU