2022-04-18T12:09:29-07:00 2021-05-31 990 2020-06-01 560529999 HIGH POINT UNIVERSITY HIGH 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 Deborah Butt VICE PRESIDENT - FINANCIAL AFFAIRS 3368419202 2022-04-18 1 11 0 AAL2 2020 2022-09-23 18:48:47Z DEBORAH L SHUTTERS ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 401229314 0 X WWW.HIGHPOINT.EDU X 1928 NC HIGH POINT UNIVERSITY'S INSPIRING ENVIRONMENT, CARING PEOPLE, AND ENGAGING EDUCATION EQUIP GRADUATES FOR SUCCESS AND SIGNIFICANCE BY CULTIVATING THE VALUES, KNOWLEDGE, MINDSET, AND SKILLS NECESSARY TO THRIVE IN A COMPETITIVE AND RAPIDLY CHANGING WORLD. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO EQUIPPING STUDENTS TO LEAD LIVES OF SUCCESS AND SIGNIFICANCE. 40 37 2663 100 42134 41134 32360327 41696208 258127754 300752682 2158969 3522024 2127115 1432267 294774165 347403181 49816614 66811917 0 0 81180023 70950905 0 0 3291955 116735445 124474263 247732082 262237085 47042083 85166096 863444385 948579142 202768997 181974938 660675388 766604204 HIGH POINT UNIVERSITY'S INSPIRING ENVIRONMENT, CARING PEOPLE, AND ENGAGING EDUCATION EQUIP GRADUATES FOR SUCCESS AND SIGNIFICANCE BY CULTIVATING THE VALUES, KNOWLEDGE, MINDSET, AND SKILLS NECESSARY TO THRIVE IN A COMPETITIVE AND RAPIDLY CHANGING WORLD. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO EQUIPPING STUDENTS TO LEAD LIVES OF SUCCESS AND SIGNIFICANCE. 0 0 201533998 56738241 254966400 HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 4600 UNDERGRADUATE STUDENTS THROUGH ITS HAYWORTH COLLEGE OF ARTS & SCIENCES, PHILLIPS SCHOOL OF BUSINESS, QUBEIN SCHOOL OF COMMUNICATIONS, AND SCHOOLS OF ART & DESIGN, EDUCATION AND HEALTH SCIENCES. 13796678 5783392 45786283 THE UNIVERSITY, THROUGH ITS NORCROSS GRADUATE SCHOOL, ALSO SERVES APPROXIMATELY 1,000 GRADUATE STUDENTS SEEKING DEGREES IN BUSINESS ADMINISTRATION, EDUCATION, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, STRATEGIC COMMUNICATION, HEALTH SCIENCES, PHYSICAL THERAPY AND PHARMACY. 0 0 0 215330676 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 1 1 1 1 1 0 0 1 0 0 0 0 1 7016 0 1 2663 1 1 1 0 0 0 0 1 1 0 0 0 1 0 1 0 X 40 37 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DEBORAH L SHUTTERS 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 NIDO QUBEIN PRESIDENT 60 0 X 1204714 0 544689 TUBBY SMITH COACH 40 0 X 1067907 0 33429 ANDREW BILLS SENIOR VICE PRESIDENT 50 0 X 421462 0 33567 CHRIS DUDLEY SENIOR VICE PRESIDENT 50 0 X 401583 0 31464 DANIEL ERB SENIOR VICE PRESIDENT OF ACADEMIC AFFAIRS 60 0 X 360295 0 40268 DENNIS CARROLL PROVOST 50 0 X X 311801 0 13485 ROGER CLODFELTER SENIOR VICE PRESIDENT 60.00 0 X 308127 0 13364 GAIL TUTTLE SENIOR VICE PRESIDENT 60.00 0 X 290970 0 20869 JIM WEHRLEY DEAN OF THE SCHOOL OF BUSINESS 40 0 X 268260 0 20667 BRAD CALLOWAY SENIOR VICE PRESIDENT 60 0 X 214201 0 36981 EARLE LINGLE DEAN SCHOOL OF PHARMACY 40 0 X 229152 0 14719 DEBI BUTT VICE PRESIDENT 50.00 0 X 188804 0 37443 SCOTT HEMBY PHARMACY PROFESSOR 40 0 X 200792 0 23457 MICHAEL OUDSHOORN DEAN SCHOOL OF ENGINEERING 40 0 X 170148 0 20243 ELIZABETH ALDRIDGE TRUSTEE 0.5 0 X 0 0 0 MICHAEL BROWN TRUSTEE 0.5 0 X 0 0 0 ROBERT BROWN CHAIR OF BOARD/TRUSTEE 0.5 0 X 0 0 0 RICHARD BUDD TRUSTEE 0.5 0 X 0 0 0 TERESA CAINE TRUSTEE 0.5 0 X 0 0 0 RICHARD CALLICUTT II TRUSTEE 0.5 0 X 0 0 0 ROY CARROLL TRUSTEE 0.5 0 X 0 0 0 THAYER COGGIN TRUSTEE 0.5 0 X 0 0 0 EARL CONGDON TRUSTEE 0.5 0 X 0 0 0 CHRISTINE COTTRELL TRUSTEE 0.5 0 X 0 0 0 DAVID COUCH TRUSTEE 0.5 0 X 0 0 0 EDWARD COVINGTON TRUSTEE 0.5 0 X 0 0 0 FLOYD CRAVEN TRUSTEE 0.5 0 X 0 0 0 JOHN FINCH TRUSTEE 0.5 0 X 0 0 0 DAVID FRANCIS TRUSTEE 0.5 0 X 0 0 0 SHIRLEY FRYE CHAIR OF STUDENT LIFE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 DONALD HAYNES TRUSTEE 0.5 0 X 0 0 0 DAVID HAYWORTH TRUSTEE 0.5 0 X 0 0 0 CHRISTOPHER HENSON VICE CHAIR/TRUSTEE 0.5 0 X 0 0 0 THOMAS INGRAM CHAIR, ACADEMIC AFFAIRS/TRUSTEE 0.5 0 X 0 0 0 RON JONES TRUSTEE 0.5 0 X 0 0 0 KENNETH KAHN TRUSTEE 0.5 0 X 0 0 0 GENE KESTER TRUSTEE 0.5 0 X 0 0 0 WILLIAM KESTER TRUSTEE 0.5 0 X 0 0 0 MIRIAM KIMSEY TRUSTEE 0.5 0 X 0 0 0 PETER MAHLER TRUSTEE 0.5 0 X 0 0 0 KATHERINE MAYNARD TRUSTEE 0.5 0 X 0 0 0 KRISTINE MESTDAGH TRUSTEE 0.5 0 X 0 0 0 MEREDITH MICHENER TRUSTEE 0.5 0 X 0 0 0 KEVIN NORTON TRUSTEE 0.5 0 X 0 0 0 JEFF PATTERSON TRUSTEE 0.5 0 X 0 0 0 J ROBERT STOUT TRUSTEE 0.5 0 X 0 0 0 ROBERT STROUPE TRUSTEE 0.5 0 X 0 0 0 RICHARD VERT TRUSTEE 0.5 0 X 0 0 0 ANNE WALKER TRUSTEE 0.5 0 X 0 0 0 J ALEXANDER WARD TRUSTEE 0.5 0 X 0 0 0 MARK WEBB CHAIR OF AUDIT, INVESTMENT & FINANCE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 FRED WILSON TRUSTEE 0.5 0 X 0 0 0 DOUGLAS WITCHER TRUSTEE 0.5 0 X 0 0 0 MOLLY YOUNG TRUSTEE 0.5 0 X 0 0 0 5638216 0 884645 100 1 1 0 CHRISTMAN SAMET A JOINT VENTURE 208 N CAPITOL AVE LANSING MI 48933 GENERAL CONTRACTOR 48402291 ARAMARK HIGH POINT UNIVERSITY ONE UNIV PWKY HIGH POINT NC 27268 FOOD SERVICES 18563260 BUDD GROUP 2325 SOUTH STRATFORD ROAD WINSTON SALEM NC 27103 MAINTENANCE SERVICES 7928402 CHURCH INTERIORS AUDIO & VIDEO 800 EASTCHESTER DR HIGH POINT NC 27262 GENERAL CONTRACTOR 4699664 SHELCO LLC 370 KNOLLWOOD STREET SUITE 200 WINSTON SALEM NC 27103 GENERAL CONTRACTOR 2459786 45 0 0 0 0 2526126 39170082 295334 41696208 STUDENT TUITION & FEES 611710 214459414 214459414 0 0 RESIDENCE HALL FEES 721310 51924529 51924529 0 0 CAFETERIA/MEALS 722210 33857238 33857238 0 0 INTERCOLLEGIATE ATHLETICS 611710 109895 109895 0 0 BOOKSTORE 611710 352031 352031 0 0 49575 49575 0 0 300752682 1370587 0 21164 1349423 0 0 0 0 52948 0 0 52948 896970 0 1398852 0 -501882 0 -501882 0 0 -501882 54196619 374557 52337358 82381 1859261 292176 2151437 0 0 2151437 12926 0 7542 5384 0 5384 0 0 0 0 0 0 0 0 0 0 0 0 SUMMER CONFERENCES 611710 31192 31192 0 0 1844625 1823655 20970 0 1875817 347403181 302607529 42134 3057310 4284246 4284246 62527671 62527671 0 0 0 0 4148800 174940 3212584 761276 0 0 0 0 55255575 48006010 5525848 1723717 2357000 2357000 0 0 9189530 6983624 1830326 375580 0 0 0 0 0 0 0 0 762218 0 762218 0 129370 0 129370 0 0 0 0 0 0 0 325162 0 325162 0 7666518 5929496 1641830 95192 2689936 2505662 184274 0 16239368 13455218 2548348 235802 4817253 1031991 3785262 0 0 0 0 0 40467112 26297473 14169639 0 917145 325586 557905 33654 0 0 0 0 0 0 0 0 4885690 0 4885690 0 0 0 0 0 31013292 29462627 1550665 0 190725 0 190725 0 SPECIAL EVENTS 2919855 1765310 1087811 66734 INTERCOLLEGIATE 1755608 1755608 0 0 9695011 8468214 1226797 0 262237085 215330676 43614454 3291955 1755689 1213015 45022125 71556535 12578795 12120407 13358947 10205234 0 0 0 0 0 8194896 0 0 882594 757481 1038284796 304203800 711657699 734080996 39963244 70278931 24578223 30813596 382665 222182 0 0 13264404 9135869 863444385 948579142 36158263 26770615 0 0 37117293 30387569 126115825 118315682 268783 505701 0 0 2375854 5457293 0 0 732979 538078 202768997 181974938 X 543294184 614908505 117381204 151695699 660675388 766604204 863444385 948579142 X 85166096 18900932 0 219269 0 1642519 X 0 1 X 1 1 1 X 32546081 32205988 29906831 32360327 42620872 169640099 0 0 0 0 0 0 0 0 0 0 0 0 32546081 32205988 29906831 32360327 42620872 169640099 14477322 155162777 2374655 2060429 2702781 3937356 2246393 13321614 68085 89233 76455 79820 42134 355727 18374 20905 16469 1440 12926 70114 183387554 1274716816 0.84609 0.78060 X Schedule A, Part II, Line 10 OTHER INCOME LISTED ON LINE 10 OF SCHEDULE A, PART II IS GAIN OR (LOSS) FROM FUNDRAISING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21120 1616315 0 0 X EDUCATION 0 0 1 X 78259483 30933756 21382031 0 2771078 299071 127505121 65747536 13722553 1413235 0 2388313 235528 78259483 63760429 3302177 898021 0 1993517 219574 65747536 56668533 5563978 3766459 0 2016752 221789 63760429 50211927 3379627 4838317 0 1574427 186911 56668533 0.1811 0.5809 0.238 1 0 81097823 0 81097823 610753841 0 164928727 445825114 61108712 0 33391466 27717246 128032498 0 105883607 22148891 157291922 0 0 157291922 734080996 STUDENT LOAN MONIES 538078 538078 X 298900160 18900932 924664 0 -60879116 -41053520 339953680 105892 7343609 7449501 347403181 192971344 924664 0 0 1398852 2323516 190647828 105892 71483365 71589257 262237085 Schedule D, Part III, Line 4 THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. Schedule D, Part IV, Line 2b THE UNIVERSITY ALLOWS THE STUDENT GOVERNMENT ASSOCIATION AND PANTHER CLUB TO KEEP MONEY THAT THEY HAVE COLLECTED IN A UNIVERSITY CONTROLLED BANK ACCOUNT. Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE USED FOR THE PURPOSES STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. Schedule D, Part X, Line 2 IT IS THE UNIVERSITY'S POLICY TO EVALUATE ALL SIGNIFICANT TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2021 AND 2020. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31, 2018; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION, AS WELL AS RELATED PENALTIES AND INTEREST, WILL BE RECOGNIZED IN THE PERIOD THAT CHANGE OCCURS. Schedule D, Part XI, Line 2d $1,642,517 - change in interest rate swap <$62,521,633> - funded and unfunded aid Schedule D, Part XI, Line 4b 1,494,903 - Revenue netted against other expense on financial statement. ($1,398,852) - Rental expense. $7,247,558 federal grant expense netted against revenue in capital gifts and grants. Schedule D, Part XII, Line 2d $1,398,852 - Rental expense mapped to Part VIII. Schedule D, Part XII, Line 4b $1,494,903 - Misc. revenue netted against other expense, reported on Part VIII. $7,247,558 - Federal grant award netted against capital gifts and grants reported on Part IX. $219,270 - Investment Fees paid through unrealized gain/loss. $62,521,632 funded and unfunded aid. $2 - rounding. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL BROADCASTS AND PUBLISHED STATEMENTS FOLLOW THE GUIDLINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. 1 East Asia and the Pacific 0 0 Program Services STUDY ABROAD (AUSTRALIA) 6160 Central America and the Caribbean 0 0 Investments FOREIGN INVESTMENTS 2532000 Europe (including Iceland and Greenland) 0 0 Investments FOREIGN INVESTMENTS 1216000 East Asia and the Pacific 0 0 Investments FOREIGN INVESTMENTS 452000 0 0 4206160 1 0 0 1 1 0 Schedule F, Part I, Line 2 ALL DISBURSEMENTS MADE BY THIS INSTITUTION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY DULY AUTHORIZED INDIVIDUALS. Schedule F, Part I, Line 3 AMOUNTS REPORTED ARE BASED ON BEST AVAILABLE DATA. INVESTMENT AMOUNTS ARE ROUNDED TO THE NEAREST $1,000. UNIVERSITY ACTIVITIES INCLUDE ACADEMIC SUPPORT, INSTITUTIONAL SUPPORT, INSTRUCTION, STUDENT SERVICES AND OPERATING AND MAINTENANCE OF PLANT. 1 High Point Community Foundation PO Box 5166 High Point NC 27262 561695787 PUBLIC CHARITY 3000000 0 GENERAL SUPPORT Carl Chavis YMCA PO BOX 6258 High Point NC 27262 463182168 PUBLIC CHARITY 1000000 0 GENERAL SUPPORT YWCA Greensboro 1807 E WENDOVER AVENUE GREENSBORO NC 27405 560529936 PUBLIC CHARITY 100000 0 GENERAL SUPPORT Mt Zion Baptist Church PO BOX 2541 High Point NC 27261 561323491 PUBLIC CHARITY 100000 0 GENERAL SUPPORT United Way of High Point Inc 201 CHURCH AVENUE High Point NC 27262 560547486 PUBLIC CHARITY 82547 0 GENERAL SUPPORT Piedmont Triad Partnership 416 GALLIMORE DAIRY ROAD GREENSBORO NC 27409 561750279 PUBLIC CHARITY 25000 0 GENERAL SUPPORT Open Door Ministries PO BOX 1528 High Point NC 27261 561576543 PUBLIC CHARITY 25000 0 GENERAL SUPPORT High Point Chamber of Commerce PO BOX 5025 High Point NC 27262 560473292 PUBLIC CHARITY 20000 0 GENERAL SUPPORT High Point Arts Council Inc 121 S CENTENNIAL ST High Point NC 27260 560751201 PUBLIC CHARITY 10000 0 GENERAL SUPPORT Ministers' Conference of High Point PO BOX 628 High Point NC 27261 563194545 PUBLIC CHARITY 10000 0 GENERAL SUPPORT Juvenile Diabetes Research Foundati 216 W MARKET ST SUITE B GREENSBORO NC 27401 231907729 PUBLIC CHARITY 10000 0 GENERAL SUPPORT NCCJ 713 NORTH GREENE STREET GREENSBORO NC 27401 061753756 PUBLIC CHARITY 10000 0 GENERAL SUPPORT Orrick Quick Ministries 1442 CEDROW DRIVE High Point NC 27260 822621284 PUBLIC CHARITY 10000 0 GENERAL SUPPORT 13 0 ATHLETIC AID 267 7666496 0 MERIT AID 3373 35778884 0 NEED-BASED AND OTHER INSTITUTIONAL AWARDS 1576 11230717 0 INSTITUTIONAL FUNDED FINANCIAL AID 647 2545281 0 EXTERNAL FUNDED FINANCIAL AID 533 5300255 0 Schedule I, Part I, Line 2 THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE VICE PRESIDENT OF FINANCIAL AFFAIRS. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 NIDO QUBEIN PRESIDENT 828500 0 600 0 375614 0 526250 0 18439 0 1749403 0 0 0 DEBI BUTT VICE PRESIDENT 186054 0 1600 0 1150 0 12000 0 25443 0 226247 0 0 0 BRAD CALLOWAY SENIOR VICE PRESIDENT 209860 0 1600 0 2741 0 10500 0 26481 0 251182 0 0 0 DANIEL ERB SENIOR VICE PRESIDENT OF ACADEMIC AFFAIRS 236221 0 1600 0 122473 0 14778 0 25491 0 400563 0 0 0 ANDREW BILLS SENIOR VICE PRESIDENT 269652 0 1600 0 150210 0 16677 0 16890 0 455029 0 0 0 CHRIS DUDLEY SENIOR VICE PRESIDENT 257675 0 1600 0 142308 0 15912 0 15552 0 433047 0 0 0 GAIL TUTTLE SENIOR VICE PRESIDENT 186165 0 1600 0 103205 0 11322 0 9547 0 311839 0 0 0 ROGER CLODFELTER SENIOR VICE PRESIDENT 210100 0 1600 0 96427 0 12600 0 764 0 321491 0 0 0 DENNIS CARROLL PROVOST 144164 0 300 0 167337 0 9858 0 3627 0 325286 0 0 0 TUBBY SMITH COACH 988737 0 600 0 78570 0 14250 0 19179 0 1101336 0 0 0 JIM WEHRLEY DEAN OF THE SCHOOL OF BUSINESS 179277 0 1600 0 87383 0 10924 0 9743 0 288927 0 0 0 EARLE LINGLE DEAN SCHOOL OF PHARMACY 224425 0 1600 0 3127 0 13500 0 1219 0 243871 0 0 0 SCOTT HEMBY PHARMACY PROFESSOR 197829 0 1600 0 1363 0 12150 0 11306 0 224248 0 0 0 MICHAEL OUDSHOORN DEAN SCHOOL OF ENGINEERING 167254 0 1600 0 1294 0 10200 0 10043 0 190391 0 0 0 Schedule J, Part I, Line 1a DR. NIDO QUBEIN, PRESIDENT, HAS SERVICES PROVIDED AT HIS HOME, INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THE UNIVERSITY PROVIDES CHARTER TRAVEL FOR THE PRESIDENT'S TRAVEL NEEDS. THE PRESIDENT AND TUBBY SMITH, HEAD MEN'S BASKETBALL COACH, RECEIVE A HOUSING ALLOWANCE. THE UNIVERSITY PAYS COUNTRY CLUB DUES FOR THE HEAD MEN'S BASKETBALL COACH. ANY TAXABLE INCOME RESULTING FROM THE PROVISION OF THE ABOVE ITEMS ARE REPORTED AS TAXABLE INCOME ON THE PRESIDENT'S OR HEAD MEN'S BASKETBALL COACH'S W-2. Schedule J, Part I, Line 3 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. Schedule J, Part I, Line 4 DR. NIDO QUBEIN, PRESIDENT, RECEIVED A CONTRIBUTION TO HIS 457F PLAN IN THE AMOUNT OF 503,750. A NC CAPITAL FACILITIES FINANCE AGENCY 561592154 000000000 2015-10-22 80630000 SEE PART VI 0 0 0 B NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PNC9 2021-03-18 45435000 SEE PART VI 0 0 0 A 16296000 0 80630000 0 0 0 188145 0 0 80441855 0 0 2016 1 0 1 1 B 0 0 54582111 0 0 0 527111 0 0 54582111 0 0 2021 1 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 Schedule K, Part I, Column f-10/22/2015 80,630,000 NC CAPITAL FACILITIES FINANCE AGENCY $19,950,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006, ISSUED 12/14/2006. $21,490,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $30,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $9,190,000 HEALTH SCIENCES FACILITIES AND ISSUANCE EXPENSE. Schedule K, Part I, Column f-03/18/2021 45,435,000 NC CAPITAL FACILITIES FINANCE AGENCY $14,250,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2011 ISSUED 07/07/2011. $39,805,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2012 ISSUED 07/11/2012. $527,111 ISSUANCE EXPENSE. Schedule K, Part II, Line 3-03/18/2021 45,435,000 NC CAPITAL FACILITIES FINANCE AGENCY BOND ISSUED WITH AN ORIGINAL ISSUE PREMIUM OF $9,147,111. DR NIDO QUBEIN PRESIDENT PREMIUMS PAID BY UNIVERSITY ON INSURANCE POLICY ASSIGNED TO PRESIDENT. X 8174840 8174840 0 1 1 8174840 TRUIST FKA BB&T NIDO QUBEIN, PRESIDENT, IS ON THE BOARD OF DIRECTORS OF BB&T 12882990 HIGH POINT UNIVERSITY DOES BANKING AND HAS LINES OF CREDIT WITH BB&T 0 BUDD GROUP THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD. 8569921 THE BUDD GROUP IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY. 0 SOUTHEASTERN BUILDING SERVICES INC MIRIAM KIMSEY, TRUSTEE, IS THE VICE PRESIDENT OF SOUTHEASTERN BUILDING INC. 408676 THE COMPANY PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS. 0 X 1 21120 FMV X 32 274214 FMV 0 0 1 1 Schedule M, Part I, Line 32b OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. Schedule M, Part I, Line 33 THE UNIVERSITY ONLY RECOGNIZES THROUGH REVENUE THOSE NON-CASH CONTRIBUTIONS EXTERNALLY VALUED IN EXCESS OF A SET AMOUNT PER UNIVERSITY POLICY. IF NON-CASH GIFTS ARE RECEIVED THAT ARE VALUED AT LESS THAN THE PRE-DETERMINED POLICY AMOUNT, THE GIFT IS SUBSTANTIATED TO THE DONOR WITHOUT A VALUE AND IS NOT RECORDED IN REVENUE. Form 990, Part VI, Section A, Line 2 BOARD OF TRUSTEE MEMBER GENE AND WILLIAM KESTER HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND IS REVIEWED BY THE AUDIT FIRM AND LEGAL COUNSEL. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT WITH COPIES MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, Line 12c EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AND REVIEWS THOROUGHLY AT LEAST ANNUALLY. Form 990, Part VI, Section B, Line 15 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS BY PROVIDING PERIODIC REPORTS TO THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. Form 990, Part VI, Section C, Line 19 THE UNIVERSITY MAKES LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 CHANGE IN INTEREST RATE SWAP $1,642,517. ROUNDING 2. 1924 HOLDINGS LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 900660924 RENTAL NC 689986 16942573 HIGH POINT UNIVERSITY LONGLEAF PINE REALTY LLC 101 NORTH TRYON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY OLYMPUS REALTY LLC 101 NORTH TYRON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY LILY PAD INVESTORS LLC P O BOX 1550 HIGH POINT NC 27261 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY