JOHNSON C SMITH UNIVERSITY INCORPORATED: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JOHNSON C SMITH UNIVERSITY INCORPORATED (EIN 25-0983069)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202211369349308026
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T12:42:42-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 RIDGEFIELD COURT | AddressLine1Txt |
| City | ASHEVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 250983069 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON C SMITH UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7043781000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BEATTIES FORD ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28216 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TEARE BREWINGTON | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 7043781000 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TEARE | PersonFirstNm |
| Person Last | BREWINGTON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY BIBBY | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2022-05-16 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLARENCE ARMBRISTER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BEATTIES FORD ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28216 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $73,305,386 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.JCSU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1867 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | JOHNSON C. SMITH UNIVERSITY OFFERS A LIBERAL ARTS EDUCATION TO A DIVERSE GROUP OF TALENTED AND MOTIVATED STUDENTS IN PREPARATION FOR ADVANCE STUDY AND SPECIFIC CAREERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 349 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $29,695 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,416,800 | PYContributionsGrantsAmt |
| CY Contributions Grants | $35,383,356 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,259,708 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $22,031,273 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$925,366 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,279,701 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,203,927 | PYOtherRevenueAmt |
| CY Other Revenue | $611,056 | CYOtherRevenueAmt |
| PY Total Revenue | $51,955,069 | PYTotalRevenueAmt |
| CY Total Revenue | $73,305,386 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,631,577 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,469,778 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,717,485 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,584,166 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,335,145 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,625,189 | PYOtherExpensesAmt |
| CY Other Expenses | $23,825,251 | CYOtherExpensesAmt |
| PY Total Expenses | $52,974,251 | PYTotalExpensesAmt |
| CY Total Expenses | $52,879,195 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,019,182 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $20,426,191 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $138,679,545 | TotalAssetsBOYAmt |
| Total Assets EOY | $159,629,599 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,871,079 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,375,328 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $109,808,466 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $152,254,271 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCH O FOR MISSION STATEMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,691,401 | ExpenseAmt |
| Grant | $7,469,778 | GrantAmt |
| Revenue | $16,064,925 | RevenueAmt |
| Desc | INSTRUCTION: JOHNSON C. SMITH UNIVERSITY OFFERS INSTRUCTIONS IN VARIOUS LIBERAL ARTS PROGRAMS. FOR THE REPORTING PERIOD THE UNIVERSITY HAD ALMOST 1,800 STUDENTS MATRICULATING IN THESE PROGRAMS. JOHNSON C. SMITH UNIVERSITY HAS 3 COLLEGES FROM WHICH STUDENTS CAN CHOOSE VARIOUS MAJORS: COLLEGE OF ARTS AND LETTERS, COLLEGE OF PROFESSIONAL STUDIES, AND COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,674,616 | ExpenseAmt |
| Revenue | $4,821,472 | RevenueAmt |
| Desc | STUDENT SERVICES: JOHNSON C SMITH UNIVERSITY OFFERS A WIDE RANGE OF SERVICES TO ITS STUDENTS. THESE PROGRAMS INCLUDE THE FOLLOWING SERVICES: PLACEMENT AND CAREER COUNSELING, ADMISSION, REGISTRAR, FINANCIAL AID, SPORTS AND VARIOUS OTHER STUDENT ACTIVITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,698,624 | ExpenseAmt |
| Revenue | $1,145,098 | RevenueAmt |
| Desc | ACADEMIC SUPPORT: OUR ACADEMIC SUPPORT SERVICES INCLUDES INFORMATION TECHNOLOGY, LIBRARY SERVICES, SMART CLASSROOMS, AND FACULTY TRAINING. EVERY FULLTIME STUDENT AT JOHNSON C. SMITH UNIVERSITY RECEIVES A LAPTOP. OUR LIBRARY CONTINUES TO UPDATE ITS BOOK CATALOGS. IN ADDITION, STUDENTS HAVE ACCESS TO A WIDE RANGE OF ONLINE CATALOGS. JOHNSON C. SMITH UNIVERSITY IS IN THE PROCESS OF TRANSFORMING ALL ITS TRADITIONAL CLASSROOMS INTO SMART CLASSROOMS BY PLACING TECHNOLOGY AT THE STUDENT'S FINGER TIP. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $17,236,508 | ExpenseAmt |
| Desc | OTHER: PUBLIC SERVICE, STUDENT ASSISTANCE, AUXILIARY SERVICE (ROOM AND BOARD) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $17,236,508 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $41,301,149 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 160 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 349 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEARE BREWINGTON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7043781190 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BEATTIES FORD ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28216 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SHIRLEY HUGHES | ||||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN BOYD | ||||||||
| BOARD VICE-CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHELLE Y LEE | ||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SHEILA BROWN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTY BRYANT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PARRAN FOSTER III | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RALPH H GROCE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL JONES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES ELY III | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VALERIE KINLOCH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MONROE MILLER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA MORTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MILTON PRIME | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN STEDMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CLARENCE ARMBRISTER | ||||||||
| PRESIDENT | 40.00 | $361,486 | $0 | $4,250 | Yes (X) | |||
| GREG PETZKE | ||||||||
| VP FINANCE/TREASURER | 40.00 | $182,000 | $0 | $21,236 | Yes (X) | |||
| TAMI SIMMONS | ||||||||
| VICE-PRESIDENT (IA) | 40.00 | $157,000 | $0 | $7,285 | Yes (X) | |||
| DAVID LERCH | ||||||||
| FINANCIAL AFFAIRS PROF | 40.00 | $167,000 | $0 | $12,044 | Yes (X) | |||
| OLIVIA DIANE BOWLES | ||||||||
| VICE-PRESIDENT (GSPAR) | 40.00 | $140,900 | $0 | $7,859 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,008,386 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $52,674 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MOSAIC VILLAGE HOLDINGS LLC | |||||
| 4530 PARK RD | CHARLOTTE | NC | 28209 | PROPERTY MANAGEMENT | $2,098,536 |
| WFF FACILITY SERVICE | |||||
| PO BOX 958204 | ST LOUIS | MO | 63195 | JANITORIAL SERVICE | $1,675,303 |
| PERKINS MANAGEMENT SERVICE CO | |||||
| 7730 ENGLAND ST | CHARLOTTE | NC | 28273 | FOOD SERVICE | $1,175,960 |
| STR MECHANICAL INC | |||||
| PO BOX 681507 | CHARLOTTE | NC | 28216 | SECURITY SERVICES | $1,003,340 |
| FOLLETT HIGHER EDUCATION GROUP | |||||
| 3 WESTBROOK CORPORATE CENTER | WESTCHESTER | IL | 60154 | CONTRACT BOOKSTORE | $741,676 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 30 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $19,538,678 | GovernmentGrantsAmt |
| All Other Contributions | $15,844,678 | AllOtherContributionsAmt |
| Total Contributions | $35,383,356 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $22,031,273 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,031,273 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $22,031,273 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $271,073 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $27,935 | UnrelatedBusinessRevenueAmt |
| Exclusion | $243,138 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,925 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,925 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,925 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,760 | UnrelatedBusinessRevenueAmt |
| Exclusion | $22,165 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,008,628 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,008,628 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,008,628 | TotalRevenueColumnAmt |
| Exclusion | $15,008,628 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MISC. INCOME | 900099 | $580,330 | $580,330 |
| EVENT INCOME | 900099 | $6,801 | $6,801 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $587,131 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,305,386 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,031,273 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $29,695 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,861,062 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,469,778 | TotalAmt |
| Program Services | $7,469,778 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $708,337 | TotalAmt |
| Program Services | $124,523 | ProgramServicesAmt |
| Management And General | $374,442 | ManagementAndGeneralAmt |
| Fundraising | $209,372 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,174,086 | TotalAmt |
| Program Services | $13,328,568 | ProgramServicesAmt |
| Management And General | $3,126,316 | ManagementAndGeneralAmt |
| Fundraising | $719,202 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,964,270 | TotalAmt |
| Program Services | $1,477,736 | ProgramServicesAmt |
| Management And General | $384,536 | ManagementAndGeneralAmt |
| Fundraising | $101,998 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,761 | TotalAmt |
| Program Services | $362,433 | ProgramServicesAmt |
| Management And General | $94,312 | ManagementAndGeneralAmt |
| Fundraising | $25,016 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,255,712 | TotalAmt |
| Program Services | $944,682 | ProgramServicesAmt |
| Management And General | $245,825 | ManagementAndGeneralAmt |
| Fundraising | $65,205 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,745 | TotalAmt |
| Management And General | $20,745 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,368 | TotalAmt |
| Management And General | $341,368 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,203 | TotalAmt |
| Management And General | $77,203 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,117 | TotalAmt |
| Program Services | $252,864 | ProgramServicesAmt |
| Management And General | $65,800 | ManagementAndGeneralAmt |
| Fundraising | $17,453 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,830 | TotalAmt |
| Program Services | $38,992 | ProgramServicesAmt |
| Management And General | $10,147 | ManagementAndGeneralAmt |
| Fundraising | $2,691 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,847,390 | TotalAmt |
| Program Services | $9,665,197 | ProgramServicesAmt |
| Management And General | $2,515,072 | ManagementAndGeneralAmt |
| Fundraising | $667,121 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,304,276 | TotalAmt |
| Program Services | $981,217 | ProgramServicesAmt |
| Management And General | $255,332 | ManagementAndGeneralAmt |
| Fundraising | $67,727 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,953 | TotalAmt |
| Program Services | $38,332 | ProgramServicesAmt |
| Management And General | $9,975 | ManagementAndGeneralAmt |
| Fundraising | $2,646 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,631 | TotalAmt |
| Program Services | $90,752 | ProgramServicesAmt |
| Management And General | $23,615 | ManagementAndGeneralAmt |
| Fundraising | $6,264 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,317 | TotalAmt |
| Program Services | $212,389 | ProgramServicesAmt |
| Management And General | $55,268 | ManagementAndGeneralAmt |
| Fundraising | $14,660 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,321,681 | TotalAmt |
| Program Services | $2,498,927 | ProgramServicesAmt |
| Management And General | $650,270 | ManagementAndGeneralAmt |
| Fundraising | $172,484 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $2,825,662 | $2,125,768 | $553,167 | $146,727 |
| FINANCIAL AID | $1,711,050 | $1,287,237 | $334,964 | $88,849 |
| BAD DEBT | $453,138 | $340,899 | $88,709 | $23,530 |
| TAXES & LICENSES | $102,431 | $77,060 | $20,052 | $5,319 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$21,541 | TotalAmt |
| Program Services | -$16,205 | ProgramServicesAmt |
| Management And General | -$4,217 | ManagementAndGeneralAmt |
| Fundraising | -$1,119 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,879,195 | TotalAmt |
| Program Services | $41,301,149 | ProgramServicesAmt |
| Management And General | $9,242,901 | ManagementAndGeneralAmt |
| Fundraising | $2,335,145 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,871,166 | BOYAmt |
| EOY | $20,077,569 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,911,405 | BOYAmt |
| EOY | $1,448,928 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,859,125 | BOYAmt |
| EOY | $2,878,570 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,041 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $579,993 | BOYAmt |
| EOY | $934,315 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $148,258,918 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $90,696,998 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,831,634 | BOYAmt |
| EOY | $57,561,920 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,979,450 | BOYAmt |
| EOY | $309,192 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,817,719 | BOYAmt |
| EOY | $74,858,227 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,829,053 | BOYAmt |
| EOY | $1,553,837 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,679,545 | BOYAmt |
| EOY | $159,629,599 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,897,139 | BOYAmt |
| EOY | $2,472,926 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,073 | BOYAmt |
| EOY | $1,569,465 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,089,976 | BOYAmt |
| EOY | $734,645 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,727,891 | BOYAmt |
| EOY | $2,598,292 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,871,079 | BOYAmt |
| EOY | $7,375,328 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,864,167 | BOYAmt |
| EOY | $61,409,520 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,944,299 | BOYAmt |
| EOY | $90,844,751 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,808,466 | BOYAmt |
| EOY | $152,254,271 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,679,545 | BOYAmt |
| EOY | $159,629,599 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $20,426,191 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,538,708 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$4,196,631 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $23,677,538 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $65,797,169 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $18,391,399 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,711,254 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,821,472 | OtherExpendituresAmt |
| Administrative Expenses | $488,423 | AdministrativeExpensesAmt |
| End Year Balance | $75,167,419 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $68,950,171 | BeginningYearBalanceAmt |
| Contributions | $1,140,949 | ContributionsAmt |
| Investment Earnings Or Losses | -$643,956 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,176,558 | OtherExpendituresAmt |
| Administrative Expenses | $473,437 | AdministrativeExpensesAmt |
| End Year Balance | $65,797,169 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $68,175,057 | BeginningYearBalanceAmt |
| Contributions | $234,762 | ContributionsAmt |
| Investment Earnings Or Losses | $4,265,548 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,576,425 | GrantsOrScholarshipsAmt |
| Other Expenditures | $753,765 | OtherExpendituresAmt |
| Administrative Expenses | $395,006 | AdministrativeExpensesAmt |
| End Year Balance | $68,950,171 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,566,444 | BeginningYearBalanceAmt |
| Contributions | $4,242,679 | ContributionsAmt |
| Investment Earnings Or Losses | $4,970,829 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,887,787 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,279,027 | OtherExpendituresAmt |
| Administrative Expenses | $438,081 | AdministrativeExpensesAmt |
| End Year Balance | $68,175,057 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,949,828 | BeginningYearBalanceAmt |
| Contributions | $1,099,478 | ContributionsAmt |
| Investment Earnings Or Losses | $7,072,684 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,184,993 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,942,000 | OtherExpendituresAmt |
| Administrative Expenses | $428,553 | AdministrativeExpensesAmt |
| End Year Balance | $66,566,444 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.14700 | BoardDesignatedBalanceEOYPct |
| Term Endowment Balance EOY | 0.85300 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,764,257 | OtherCostOrOtherBasisAmt |
| Book Value | $7,764,257 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $104,191,065 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,261,039 | DepreciationAmt |
| Book Value | $36,930,026 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,260,536 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,889,278 | DepreciationAmt |
| Book Value | $10,371,258 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,043,060 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,546,681 | DepreciationAmt |
| Book Value | $2,496,379 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $57,561,920 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS | Desc |
| Book Value | $74,858,227 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $74,858,227 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT | $2,105,501 |
| DUE TO THE GOVERNMENT | $70,992 |
| CAPITAL LEASE OBLIGATION | $421,799 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,598,292 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $92,051,853 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,538,708 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $16,207,760 | OtherRevenueAmt |
| Revenue Not Reported | $18,746,468 | RevenueNotReportedAmt |
| Revenue Subtotal | $73,305,385 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $73,305,385 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $45,409,417 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $45,409,417 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $7,469,778 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,469,778 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $52,879,195 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE UNIVERSITY HAS ACQUIRED SEVERAL PIECES OF ART OVER THE YEARS THROUGH DONATIONS FROM VARIOUS ALUMNI AND OTHER DONORS. MANY OF THESE ITEMS ARE HUNG IN THE JAMES B. DUKE LIBRARY FOR STUDENTS ATTENDING THE SCHOOL TO ENJOY AS PART OF THEIR EDUCATIONAL EXPERIENCE. |
| PART V, LINE 4: | THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE TO FUND SCHOLARSHIPS, PROFESSORSHIPS, PROFESSIONAL DEVELOPMENT AND MAINTENANCE. |
| PART X, LINE 2: | THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES AN INFORMATIONAL RETURN, FORM 990, ANNUALLY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE WERE NO SUCH POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT ASSISTANCE -7,469,778. BOND FORGIVENESS 18,445,738. NOTE PAYABLE FORGIVENESS 5,231,800. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT ASSISTANCE 7,469,778. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | JOHNSON C. SMITH UNIVERSITY PUBLICIZES ITS NONDISCRIMINATORY POLICY IN THE STUDENT AND EMPLOYEE HANDBOOKS, AS WELL AS ON THE UNIVERSITY'S WEBSITE. JOHNSON C. SMITH UNIVERSITY IS AN ACADEMIC COMMUNITY AND WORKPLACE ENVIRONMENT WHICH VALUES DIVERSITY AND THE INTELLECTUAL GROWTH THAT RESULTS FROM THE SHARING AND EXPRESSION OF DIFFERENT IDEAS AND PERSPECTIVES. JOHNSON C. SMITH UNIVERSITY'S COMMITMENT TO DIVERSITY AND INCLUSION IS STRONG AND UNWAVERING, AND WE ESPOUSE THOSE VALUES BEYOND THE GATES OF OUR CAMPUS. JCSU ACTIVELY RECRUITS HIGH-ACHIEVING STUDENTS, FACULTY, AND STAFF FROM DIFFERENT CULTURES, RACES, RELIGIONS, SOCIO-ECONOMIC BACKGROUNDS, ETHNICITIES, AND NATHIONALITIES. JOHNSON C. SMITH UNIVESITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, NATIONAL ORIGIN, AGE, DISABILITY, OR VETERAN STATUS AS IT RELATES TO STUDENT ENROLLMENT OR HIRING. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY IS A PARTICIPANT IN THE DEPARTMENT OF EDUCATION'S TITLE 4 PROGRAM, DIRECT LOANS. THE UNIVERSITY ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS INCLUDING PELL, SEOG, TEACH, AND TITLE 3. |
| SCHEDULE E, PART I, LINE 3 CONT. | BY CREATING A CAMPUS COMMUNITY THAT EMBRACES INCLUSIVENESS, JCSU BELIEVES THAT ALL INVOLVED IN THE ACADEMIC ENTERPRISE WILL GROW INTELLECTUALLY, EMOTIONALLY, SOCIALLY AND CULTURALLY WHILE DEVELOPING A SENSE OF SOCIAL RESPONSIBILITY. WE USE OUR INTELLECTUAL AND SOCIAL CAPITAL TO BUILD TRUST AND PROMOTE RELATIONS ACROSS ALL BOUNDARIES TO SUSTAIN COMMUNITY ASSETS WHEN WORKING WITH NEIGHBORHOODS SURROUNDING THE CAMPUS AND WITH COMMUNITIES THROUGHOUT THE CITY. THROUGH DIRECT ACTIONS ON CAMPUS AND PARTNERSHIPS WITH KEY ORGANIZATIONS IN THE COMMUNITY, JCSU IS STEADFAST IN OUR DEDICATION TO SERVING AS A CATALYST FOR SOCIAL CHANGE RESULTING IN A GLOBAL SOCIETY THAT IS GROUNDED IN SOCIAL JUSTICE FOR ALL HUMANKIND. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION AND FEES | GrantTypeTxt |
| Cash Grant | $7,469,778 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON ACADEMIC MERIT, ATHLETIC MERIT, AND ACADEMIC DISCIPLINE. STUDENT LOANS ARE AWARDED BASED ON FEDERAL ELIGBILITY GUIDELINES AS PROVIDED BY THE US DEPARTMENT OF EDUCATION DIRECT LENDING PROGRAM. STUDENT ATHLETICS MUST FOLLOW THE RULES SET FORTH BY THE NCAA. ONCE A SCHOLARSHIP HAS BEEN AWARDED, THE UNIVERSITY CHECKS THE RECIPIENT'S GRADE POINT AVERAGE AT THE END OF EACH SCHOOL YEAR TO DETERMINE IF HE/SHE IS MEETING THE ACADEMIC STANDARD SET FORTH BY THE SCHOOL OR DONOR. THE FINANCIAL AID OFFICE AT JCSU IS RESPONSIBLE FOR CHECKING EACH ACADEMIC SCHOLARSHIP RECIPIENT'S GRADES BEFORE SCHOLARSHIPS ARE AWARDED FOR THE NEXT SCHOOL YEAR. STUDENTS NOT MEETING SAP (SATISFACTORY ACADEMIC PROCESS) WILL LOSE THEIR ACADEMIC SCHOLARSHIPERS. FOR NEEDS BASED SCHOLARSHIPS AND GRANTS, THE PARENTS OR RECIPIENTS ARE REQUESTED TO SUBMIT A COPY OF THE TAX RETURN EACH YEAR TO THE FINANCIAL AID OFFICE BEFORE NEW NEEDS BASED SCHOLARSHIPS ARE AWARDED. STUDENTS RECEIVING ATHLETIC SCHOLARSHIPS MUST MAINTAIN A 2.0 OR HIGHER GRADE POINT AVERAGE AND MUST PASS AT LEAST 6 CREDIT HOURS IN THE FALL SEMESTER AND 24 CREDIT HOURS FOR THE SCHOOL YEAR. THE ATHLETICS COMPLIANCE COORDINATOR CHECKS THE GRADE REPORT FOR EACH STUDENT ATHLETIC. EACH STUDENT ATHLETE'S GRADE REPORT IS EXAMINED AT THE END OF THE SEMESTER TO SEE IF HE/SHE IS MEETING THE SET STANDARDS. IF THEY ARE NOT MEETING STANDARDS, HE/SHE WILL LOSE THEIR SCHOLARSHIP. FOR ALL SCHOLARSHIPS AND GRANTS, IF A STUDENT WITHDREW FROM THE UNIVERSITY BEFORE COMPLETING 60 PERCENT OR MORE OF A SEMESTER, HIS/HER FINANCIAL AID INCLUDING INTERNAL SCHOLARSHIPS ARE PRORATED BASED ON THE R2T4 (RETURN OF TITLE 4 FUNDS) CALCULATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLARENCE ARMBRISTER | ||||||||||||||
| PRESIDENT | $250,000 | $0 | $53,125 | $0 | $58,361 | $0 | $1,267 | $0 | $2,983 | $0 | $365,736 | $0 | $0 | $0 |
| GREG PETZKE | ||||||||||||||
| VP FINANCE/TREASURER | $175,000 | $0 | $7,000 | $0 | $0 | $0 | $8,750 | $0 | $12,486 | $0 | $203,236 | $0 | $0 | $0 |
| DAVID LERCH | ||||||||||||||
| FINANCIAL AFFAIRS PROF | $154,000 | $0 | $0 | $0 | $13,000 | $0 | $11,050 | $0 | $994 | $0 | $179,044 | $0 | $0 | $0 |
| TAMI SIMMONS | ||||||||||||||
| VICE-PRESIDENT (IA) | $150,000 | $0 | $7,000 | $0 | $0 | $0 | $6,250 | $0 | $1,035 | $0 | $164,285 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE PRESIDENT OF THE UNIVERSITY HAS IN HIS CONTRACT SEVERAL ITEMS THAT PERTAIN TO HIS JOB FUNCTION AT THE UNIVERSITY. HE RESIDENTS IN UNIVERSITY OWNED HOUSING, AS IS TYPICAL FOR HIS POSITION AS A UNIVERSITY PRESIDENT. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL ENDOWMENT MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | THE HUSBAND OF PATRICIA MORTON, BOARD MEMBER, IS CEO OF THE ORGANIZATION. | RelationshipDescriptionTxt |
| Transaction | $458,822 | TransactionAmt |
| Transaction | THE ORGANIZATION HAS ASSETS INVESTED WITH GLOBAL ENDOWMENT MANAGEMENT. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | IN ACCORDANCE WITH OUR BYLAWS, THE EXECUTIVE COMMITTEE HAS THE FOLLOWING POERS. EXECUTION OF ALL THE POWER AND AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND CONTROL OF THE PROPERTY AND AFFAIRDS OF THE UNIVERSITY WHEN THE BOARD OF TRUSTEES IS NOT IN SESSIO. MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE 1) CHAIRMAN OF THE BOARD OF TRUSTEES, 2) THE VICE CHAIRMAN OF THE BOARD OF TRUSTEES, 3) THE SECRETARY OF THE BOARD OF TRUSTEES, 4) ALL COMMITTEE CHAIRMEN, 5) THE PRESIDENT OF THE UNIVERSITY, 6) THE TREASURER OF THE UNIVERSITY, 7) THE UNIVERSITY COUNSEL, EX OFFICIO, AND 8) THE PAST CHAIRMAN OF THE BOARD OF TRUSTEES FOR ONE (1) YEAR FOLLOWING THE ELECTION OF A NEW CHAIRMAN. THE MINUTES OF EACH MEETING OF THE EXECUTIVE COMMITTEE SHALL BE PRESENTED TO AND REVIEWED BY THE BOARD OF TRUSTEES AT ITS NEXT REGULAR MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE UNIVERSITY'S PROCESS FOR REVIEWING THE IRS FORM 990 IS AS FOLLOWS: (1) THE VICE PRESIDENT OF BUSINESS AND FINANCE COMPLETES A DETAILED REVIEW OF THE FORM AND DISCUSSES THE FORM WITH THE UNIVERSITY'S OUTSIDE TAX ADVISORS, DIXON HUGHES GOODMAN, AND WITH THE UNIVERSITY'S ACCOUNTING AND BUDGET MANAGER. (2) AFTER THE VICE PRESIDENT HAS COMPLETED HIS REVIEW AND OBTAINED ANSWERS TO ALL HIS QUESTIONS, A COPY OF THE FORM IS ISSUED TO THE PRESIDENT OF THE UNIVERSITY AND THE BUDGET AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR A SECOND REVIEW. ALL REVIEW QUESTIONS ARE ADDRESSED AND ANY NECESSARY CHANGES ARE INCORPORATED INTO THE FINAL VERSION OF THE FORM 990. THE FULL BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE MEMBERS OF THE BOARD OF TRUSTEES EACH YEAR RENEW THEIR COMMITMENT TO THE CONFLICT OF INTEREST POLICY. THE AFFIRMING NOTICES AND SIGNATURES FOR EACH YEAR ARE KEPT WITH THE SECRETARY OF THE BOARD OF TRUSTEES. IF A CONFLICT IS REPORTED, THE MATTER IS INVESTIGATED BY THE GOVERNANCE COMMITTEE AND REVIEWED BY THE BOARD. THE INDIVIDUAL WITH THE CONFLICT MAKES A PRESENTATION ON THEIR BEHALF, BUT IS RECUSED FROM RESOLUTION OF THE CONFLICT. THIS PROCESS IS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. STAFF MEMBERS MUST DISCLOSE IN ADVANCE ANY POTENTIAL CONFLICT OF INTEREST UNDER THIS POLICY TO THE APPLICABLE DEAN OR VICE PRESIDENT FOR THE AREA IN WHICH THEY WORK. FACULTY MEMBERS MUST DISCLOSE ANY POTENTIAL CONFLICT IN ADVANCE TO THE COLLEGE DEAN. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE VICE CHAIRMAN OF THE BOARD OF TRUSTEES IS THE CHAIRMAN OF THE COMPENSATION COMMITTEE. THE MEMBERS OF THAT COMMITTEE REVIEW THE COMPENSATION OF THE PRESIDENT EACH YEAR. THE PRESIDENT IS GIVEN AN EVALUATION THAT IS FILED WITH THE BOARD OF TRUSTEES. THE COMMITTEE UTILIZES MARKET DATA AND OTHER FACTORS TO DETERMINE THE COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY. COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES AT THE UNIVERSITY ARE DETERMINED BY THE UNIVERSITY'S PRESIDENT BASED ON MARKET RATE. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE UNIVERSITY WILL PROVIDE INFORMATION IN REGARDS TO ITS ANNUAL AUDIT AND OTHER DOCUMENTS UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | STAFF MEMBERS MUST DISCLOSE IN ADVANCE ANY POTENTIAL CONFLICT OF INTEREST UNDER THIS POLICY TO THE APPLICABLE DEAN OR VICE PRESIDENT FOR THE AREA IN WHICH THEY WORK. FACULTY MEMBERS MUST DISCLOSE ANY POTENTIAL CONFLICT IN ADVANCE TO THE COLLEGE DEAN. THE DISCLOSURE MUST BE IN WRITING; ALTHOUGH NO PARTICULAR FORM MUST BE USED (E-MAIL IS ACCEPTABLE). WHILE IT IS THE VICE PRESIDENT'S OR DEAN'S RESPONSIBILITY TO REVIEW AND RESPOND TO THE DISCLOSURE, FACULTY AND STAFF SHOULD PROVIDE ADEQUATE ADVANCE NOTICE TO ALLOW SUCH REVIEW TO OCCUR (30 DAYS IF POSSIBLE). THE RESPONSE TO THE CONFLICTS INQUIRY SHALL BE MADE IN WRITING, AND SHALL CONTAIN JCSU'S DIRECTIONS TO THE EMPLOYEE REGARDING THE TRANSACTION IN QUESTION. IF THE EMPLOYEE OR FACULTY MEMBER IS DISSATISFIED WITH THE DECISION OF THE VICE PRESIDENT OR DEAN, THAT DECISION MAY BE APPEALED TO THE PRESIDENT OF JCSU. THE PRESIDENT'S DECISION REGARDING THE APPEAL SHALL BE FINAL. |
| FORM 990, PART XI, LINE 9: | NOTE PAYABLE FORGIVENESS 5,231,800. BONDS PAYABLE FORGIVENESS 18,445,738. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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