2021-02-23T16:43:34-06:00 2020-05-31 272616366 EBELHAR WHITEHEAD PLLC 100 WEST THIRD STREET SUITE 200 OWENSBORO KY 42303 990 2019-06-01 610660795 BRESCIA UNIVERSITY INC BRES 2706864239 717 FREDERICA STREET OWENSBORO KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2021-02-17 1 JOSHUA D MEYER CPA P01229485 2709262922 2019 2022-09-23 18:48:47Z FR LARRY HOSTETTER 2521 SR 657 LEWISPORT KY 42351 30358769 0 0928 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 41 37 383 37 0 0 1899760 3013300 18861084 18530082 951319 488234 23210 22267 21735373 22053883 7526462 8061633 0 0 7810574 7530461 0 0 511063 6292657 6275185 21629693 21867279 105680 186604 37991215 42110743 6231711 9749085 31759504 32361658 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 20218623 8061633 18694573 UNDERGRADUATE AND GRADUATE EDUCATION 20218623 1 1 0 0 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 987 0 1 383 1 0 0 0 0 0 0 0 0 0 0 0 0 X 41 37 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 SUSAN MONTALVO-GESSER TRUSTEE 1.00 X 0 0 0 AMELIA STENGER TRUSTEE 1.00 X 0 0 0 CARL GREENWELL TRUSTEE 1.00 X 0 0 0 CAROL SHIVELY TRUSTEE 1.00 X 0 0 0 CHARLES KAMUF TRUSTEE 1.00 X 0 0 0 NAHEED MURTAZA TRUSTEE 1.00 X 0 0 0 DARRELL HIGGINBOTHAM TRUSTEE 1.00 X 0 0 0 DEAN JONES TRUSTEE 1.00 X 0 0 0 DIANE HATCHETT TRUSTEE 1.00 X 0 0 0 DONALD RINEY TRUSTEE EMERITUS 1.00 X 0 0 0 ERNIE TALIAFERRO TRUSTEE 1.00 X 0 0 0 HELEN CORNELL TRUSTEE 1.00 X 0 0 0 MADISON SILVERT TRUSTEE 1.00 X 0 0 0 JIM DEMAIO TRUSTEE 1.00 X 0 0 0 JIM WEAFER TRUSTEE 1.00 X 0 0 0 JOHN MOORE TRUSTEE 1.00 X 0 0 0 JOSEPH MOORE TRUSTEE 1.00 X 0 0 0 KATHRYN RAYMER TRUSTEE 1.00 X 0 0 0 KEVIN CARRICO TRUSTEE 1.00 X 0 0 0 KEVIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 LARK BUCKMAN TRUSTEE 1.00 X 0 0 0 LARRY CONDER TRUSTEE 1.00 X 0 0 0 LARRY HOSTETTER PRESIDENT 37.50 X X 91514 0 13659 LARRY O'BRYAN TRUSTEE 1.00 X 0 0 0 MICHAEL REYNOLDS TRUSTEE 1.00 X 0 0 0 PAT LYNCH TRUSTEE 1.00 X 0 0 0 PATRICK CASON TRUSTEE 1.00 X 0 0 0 RICHARD BROWN TRUSTEE 1.00 X 0 0 0 RICK HIGDON TRUSTEE 1.00 X 0 0 0 ROBERT BEST TRUSTEE EMERITUS 1.00 X 0 0 0 ROD KUEGEL TRUSTEE 1.00 X 0 0 0 RONALD TISCH TRUSTEE EMERITUS 1.00 X 0 0 0 SAM DUNLANY TRUSTEE EMERITUS 1.00 X 0 0 0 SUSIE HARRIS TRUSTEE 1.00 X 0 0 0 SUZANNE CECIL WHITE TRUSTEE 1.00 X 0 0 0 THOMAS THOMPSON TRUSTEE EMERITUS 1.00 X 0 0 0 WILLIAM MEDLEY TRUSTEE 1.00 X 0 0 0 WILLIAM YOUNG III TRUSTEE EMERITUS 1.00 X 0 0 0 NOAH CUNNINGHAM STUDENT REP 1.00 X 0 0 0 CHRIS HOUK VP OF ENROLLMENT 37.50 X 93263 0 13857 JOSH CLARY VP OF STUDENT DEVELOPMENT 37.50 X 54467 0 23259 TRACY NAYLOR VP OF INSTITUTIONAL ADVANC 37.50 X 48491 0 9149 RACHEL WHELAN STAFF REPRESENTATIVE 37.50 X 38680 0 6281 ROHNN SANDERSON PROFESSOR, FACULTY REPRESENTATIVE 37.50 X 47126 0 20993 CHERYL CLEMONS VP OF ACADEMIC AFFAIRS 37.50 X 0 0 0 DALE CECIL SECRETARY/TREASURER 37.50 X 80580 0 24812 454121 0 112010 0 0 0 0 A&K CONSTRUCTION 100 CALLOWAY CT PADUCAH KY 42001 CONSTRUCTION 2956594 FRESH IDEAS MANAGEMENT LLC 3220 VANDIVER DR COLUMBIA MO 65203 STUDENT DINING 708585 EAB PO BOX 603519 CHARLOTTE NC 48260 STUDENT RECRUITING 453296 MARTIN CUSTOM BUILDING 3115 COMMONWEALTH CT SUITE B-1 OWENSBORO KY 42303 CONSTRUCTION 380549 BUILDING BY WAYNE BAKER 4100 VINCENT STATION DR OWENSBORO KY 42303 REPAIRS/RENOVATIONS 161335 5 1808854 1204446 126903 3013300 TUITION & FEES 611600 15773124 15773124 AUXILIARY INCOME 611600 2628407 2628407 MISC STUDENT SERVICES 611600 106814 106814 STUDENT LOAN INTEREST 611600 21737 21737 18530082 313991 313991 63531 31512 32019 32019 32019 8143238 7968995 174243 174243 174243 294627 304379 -9752 -9752 22053883 18694573 0 346010 8061633 8061633 816488 620963 195525 5592632 5111979 367606 113047 210615 189046 16284 5285 531507 490218 18239 23050 379219 344469 26970 7780 8787 8787 54443 54443 68089 68089 681925 590425 91500 612772 610689 2083 890013 862061 13879 14073 167222 167222 784749 779720 5029 496404 432291 5393 58720 1317 1317 126915 126915 1074194 1074194 232818 232818 STUDENT MEALS 686303 686303 REPAIRS & MAINTENANCE 249267 249267 BAD DEBTS 139967 139967 21867279 20218623 1137593 511063 2638758 2957981 946669 375896 110154 115246 409889 403497 19017 25363 8065 9390 43852119 19323943 20471020 24528176 13371111 13684902 16532 10292 37991215 42110743 1948464 1306032 407723 279648 35827 3737301 7344090 102396 819315 6231711 9749085 X 14246945 17390316 17512559 14971342 31759504 32361658 37991215 42110743 186604 415550 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12872990 352846 849849 476725 13987 119181 13465792 13513494 122239 -33323 590530 7659 131231 12872990 12948728 118432 1008577 440340 11818 110085 13513494 11560918 448032 1481835 431159 3108 107790 12948728 12522932 54839 -422503 594350 11560918 0.02840 0.79740 0.17420 1 0 45861 31912177 12127750 19830288 5670939 4226241 1444698 6223142 2969952 3253190 24528176 ASSET RETIREMENT OBLIGATION 109052 FORGIVABLE PPP LOAN 710263 819315 X 14855160 49610 44547 94157 14761003 65400 7227480 7292880 22053883 14439585 49610 44547 94157 14345428 65400 7456451 7521851 21867279 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 31,512. COGS - OTHER COSTS 13,035. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,418,426. NON-OPERATING INVESTMENT INCOME/LOSS -190,946. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 31,512. COGS 13,035. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION/SCHOLARSHIP 7,418,426. CHANGE IN STUDENT LOAN RESERVE 38,025. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 1173 8061633 PART I, LINE 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. X 9 84722 STOCK QUOTE X CLOTHING 1 36027 DONOR PROVIDED X PRINTING 3 5000 DONOR PROVIDED X ADVERTISING 1 1154 DONOR PROVIDED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2020 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.