2020-12-02T10:17:43-06:00 2020-06-30 205857627 TMH P O DRAWER 15099 HATTIESBURG MS 394045099 990 2019-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 GRANT GUTHRIE VP BUSINESS & CFO 6013186193 2020-12-02 1 SUSAN A RILEY CPA P00144776 6012643519 2020-11-23 2019 2022-09-23 18:48:47Z DR RAYMOND T KING 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 85194550 0 X WMCAREY.EDU X 1892 MS AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 24 24 1298 30 63925 55591 6228329 9420176 62772124 67160910 1037634 1268248 1240333 356144 71278420 78205478 10131633 11953056 0 0 35204139 38370256 3000 35955 473965 25219939 25046644 70558711 75405911 719709 2799567 234575439 250187217 43644275 60742169 190931164 189445048 X AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS, WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 0 0 35198217 63814867 ACADEMIC PROGRAMSTHE UNIVERSITY MAINTAINS UNDERGRADUATE AND GRADUATE PROGRAMS AT THREECAMPUSES. ENROLLMENT HAS GROWN TO INCLUDE OVER 5,000 STUDENTS. THE UNIVERSITY DESIGNS AND OPERATES ITS PROGRAMS TO ENCOURAGE EACH STUDENT TO DEVELOP HIS/HER HIGHEST POTENTIAL IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION. 11953056 11953056 STUDENT AIDDIRECT AID TO STUDENTS PRIMARILY FROM INSTITUTIONAL FUNDS 4535809 3266842 AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS.AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF UNITY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY ENCOURAGES THE EXERCISE OF STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED. 51687082 1 1 0 1 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 318 0 1298 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR FL IA LA MS NC OH SC TN VA WV WI X X X GRANT GUTHRIE VP BUS AFF CFO 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 REVEREND BEN CARLISLE TRUSTEE 1.00 X 0 0 0 DR WILLIAM K RAY CHAIRMAN, BOD 1.00 X X 0 0 0 REVEREND ROSSIE FRANCIS TRUSTEE 1.00 X 0 0 0 MRS LORI EDNEY TRUSTEE 1.00 X 0 0 0 MR PHIL HANBERRY TRUSTEE 1.00 X 0 0 0 MR ALAN SUDDUTH TRUSTEE 1.00 X 0 0 0 MR MACK GRUBBS TRUSTEE 1.00 X 0 0 0 DR DAVID MILLICAN TRUSTEE 1.00 X 0 0 0 DR ALLISON MOFFETT TRUSTEE 1.00 X 0 0 0 DR JIMMY STEWART VICE CHAIRMAN, BOD 1.00 X X 0 0 0 ROBERT SULLIVAN TRUSTEE 1.00 X 0 0 0 DR DAN HULL TRUSTEE 1.00 X 0 0 0 MR ODEAN BUSBY TRUSTEE 1.00 X 0 0 0 MRS NELL HENDERSON TRUSTEE 1.00 X 0 0 0 REV RAYMOND LEAKE TRUSTEE 1.00 X 0 0 0 DR ERIC LINDSTROM TRUSTEE 1.00 X 0 0 0 MRS BRENDA ROSS TRUSTEE 1.00 X 0 0 0 DR LARUE STEPHENS TRUSTEE 1.00 X 0 0 0 MS DORIS TULLOS TRUSTEE 1.00 X 0 0 0 MR TED BOWER TRUSTEE 1.00 X 0 0 0 MR GARY FORDHAM TRUSTEE 1.00 X 0 0 0 DR GARY GORDAN TRUSTEE 1.00 X 0 0 0 MR BRETT JONES TRUSTEE 1.00 X 0 0 0 HON CHARLES PICKERING SR TRUSTEE 1.00 X 0 0 0 ASHLEY GRANT GUTHRIE VP BUSINESS AFF & CFO 40.00 X 114447 0 21345 DR RAYMOND T KING PRESIDENT & CEO 40.00 X 318554 0 22127 DR GARRY BRELAND ASSC PROVOST & VP FOR ACAD 40.00 X 133456 0 17306 BENJAMIN BURNETT PROF & EXEC VP 40.00 X 112008 0 13080 ITALO SUBBARAO DEAN OF OSTEOPATHIC MEDICINE 40.00 X 325277 0 18170 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 40.00 X 226324 0 13955 JULIUS SPEED PROFESSOR & SR ASSOC DEAN 40.00 X 224920 0 15126 MELISSA STEPHENS PROFESSOR 40.00 X 209517 0 13179 EVA SHAY PROFESSOR 40.00 X 210077 0 13501 TANISHA DENNING PROFESSOR 40.00 X 195955 0 13810 BRADFORD HUMMEL FORMER EXECUTIVE VP & PROVOST 40.00 X 143295 0 16034 2213830 0 177633 12 1 1 0 HANCO CORPORATION PO BOX 17678 HATTIESBURG MS 39404 CONSTRUCTION COMPANY 7199289 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1677265 VISION INTEGRATION 1210 HUTSON DR MOBILE AL 36609 AUDIO VISUAL CONTRACTOR 782790 BARNES & NOBLE BOOKSTORE PO BOX 823660 PHILADEPHIA PA 19182 TEXTBOOK SUPPLIER 680827 MAC'S CONSTRUCTION COMPANY INC 6555 HWY 98W STE 13 HATTIESBURG MS 39402 CONSTRUCTION COMPANY 672956 24 74845 784727 8560604 81669 9420176 EDUATION & GENERAL REVENUE 611310 63814867 63814867 AUXILIARY INCOME 611310 3282118 3282118 ADVERTISING 541800 63925 63925 67160910 848795 848795 2935 2935 7334783 6810 6875885 46255 458898 -39445 419453 419453 41885 74845 66932 -25047 -25047 MISC REVENUE 900099 378256 378256 378256 78205478 68746424 63925 -25047 11953056 11953056 1139894 598556 541338 30036477 25920136 3838643 277698 1390642 1101054 280847 8741 3681301 2805818 828780 46703 2121942 1804631 294096 23215 35955 35955 1276843 320131 956712 246181 162682 80395 3104 564993 230988 318152 15853 2129229 551606 1577623 2166283 4399 2161884 859406 764492 93273 1641 611994 539832 60966 11196 1237026 1237026 9312198 9312198 1352877 466375 886502 UBI TAX 2773 2773 5286841 4463326 773656 49859 75405911 51687082 23244864 473965 6625948 20750816 16729979 12009657 5441168 8801788 79601 65207 89136 14250 238499683 55939717 181195822 182559966 21123451 22412127 3290334 3573406 234575439 250187217 4502067 4359885 396929 5850508 38518847 50352602 226432 179174 43644275 60742169 X 165271849 160994642 25659315 28450406 190931164 189445048 234575439 250187217 X 2799567 -293779 -3991905 1 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1500 1500 0 PART II-B, LINE 1: PAYMENT TO A CONSULTANT TO ADVOCATE FOR THE HIGHER EDUCATION INDUSTRY IN MISSISSIPPI. X 1 0 20.00 800 1000 1437262 X X X 0 21123449 462751 835648 379 9343 22412126 19288129 475362 1713400 343099 10343 21123449 18527935 580633 435487 255926 19288129 16857250 1257071 556100 142489 18527935 15633165 995794 495132 266841 16857250 1.00000 1 0 14804290 14804290 176806598 29115082 147691516 159192 159192 0 28695832 20963865 7731967 18033771 5701578 12332193 182559966 LEASES PAYABLE 179174 179174 66025575 -293779 66932 -226847 66252422 11953056 11953056 78205478 63519786 66932 66932 63452854 11953057 11953057 75405911 PART II, LINE 9: NATURE RESERVE REPORTED AS "LAND" ON THE BALANCE SHEET. PART III, LINE 4: THE COLLECTION CONSISTS OF ART FROM THE LUCILLE PARKER COLLECTION AND THE SARAH GILLESPIE MUSEUM; RARE BOOKS, ARTIFACTS, ART, MANUSCRIPTS IN THE CENTER FOR THE STUDY OF THE LIFE AND WORK OF WILLIAM CAREY; AND RARE BOOKS, ARTIFACTS, FURNITURE, ART, AND MANUSCRIPTS FROM THE DICKINSON COLLECTION. THE ABOVE COLLECTIONS FURTHER WILLIAM CAREY UNIVERSITY'S MISSION AS AN EXEMPT ORGANIZATION BY PROVIDING RESOURCES FOR SCHOLARLY RESEARCH, PRESERVING ART FOR APPRECIATION AND STUDY IN AN EDUCATIONAL CONTEXT, AND GATHERING MATERIALS TOGETHER IN ORDER TO MAKE THEM AVAILABLE TO A BROADER COMMUNITY. PART V, LINE 4: ENDOWMENT IS PRIMARILY USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAM ACTIVITIES, PROFESSORIAL CHAIRS, AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN NET FUNDRAISING INCOME - $66,932 PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID REPORTED NET OF TUITION REVENUES - $11,953,056 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN NET FUNDRAISING INCOME - $66,932 PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID REPORTED NET OF TUITION REVENUES - $11,953,056 ROUNDING - $1 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS NONDISCRIMINATORY POLICY TOWARD STUDENTS AT THE BEGINNING OF EACH SCHOOL YEAR. THIS ADVERTISEMENT IS PUBLISHED IN THE LARGEST NEWSPAPERS AT ALL THREE CAMPUS LOCATIONS. THE POLICY IS ALSO DISPLAYED ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 SCHEDULE E, PAGE 1, #6A - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS - FEDERAL WORK-STUDY PROGRAM - FEDERAL PERKINS LOAN PROGRAM - FEDERAL PELL GRANT PROGRAM - FEDERAL DIRECT STUDENT LOANS - TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS - CARES ACT: HIGHER EDUCATION EMERGENCY RELIEF FUND X 0 PHILANTHROCORP 111 SOUTH TEJON STREET SUITE 520 COLORADO SPRINGS CO 80903 PROVIDE INFORMATION REGARDING PLANNED GIVING 0 0 0 0 AL AR FL IA LA MS NC OH SC TN VA WV WI GOLF TOURNAMENT 31990 5345 26645 35000 SCHOLARSHIP DINNERS 76550 65470 11080 28523 1 8190 4030 4160 3409 116730 74845 41885 66932 66932 -25047 SCHEDULE G, PART I, LINE 2B, COLUMN (V) FUNDRAISER WAS PAID $35,955 FOR PROFESSIONAL FUNDRAISER SERVICES. 1 SCHOLARSHIPS FOR STUDENTS 2831 11953056 PART I, LINE 2: ALL SCHOLARSHIPS AND GRANTS ARE ADMINISTERED WITHIN THE GUIDELINES OF THE DEPARTMENT OF EDUCATION. WILLIAM CAREY UNIVERSITY'S FINANCIAL AID AND BUSINESS DEPARTMENTS MONITOR THE PROGRAMS TO ASSURE THAT THEY FOLLOW FEDERAL GUIDELINES. THE INDEPENDENT AUDITORS PERFORM AN AUDIT ON ALL FEDERAL PROGRAMS ANNUALLY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR RAYMOND T KING PRESIDENT & CEO 315575 0 0 0 2979 0 15000 0 7127 0 340681 0 0 0 DR GARRY BRELAND ASSC PROVOST & VP FOR ACAD 133228 0 0 0 228 0 10344 0 6962 0 150762 0 0 0 ITALO SUBBARAO DEAN OF OSTEOPATHIC MEDICINE 325250 0 0 0 27 0 10969 0 7201 0 343447 0 0 0 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 226205 0 0 0 119 0 6754 0 7201 0 240279 0 0 0 JULIUS SPEED PROFESSOR & SR ASSOC DEAN 224692 0 0 0 228 0 7925 0 7201 0 240046 0 0 0 MELISSA STEPHENS PROFESSOR 207167 0 0 0 2350 0 5981 0 7198 0 222696 0 0 0 EVA SHAY PROFESSOR 210000 0 0 0 77 0 6300 0 7201 0 223578 0 0 0 TANISHA DENNING PROFESSOR 195937 0 0 0 18 0 6619 0 7191 0 209765 0 0 0 BRADFORD HUMMEL FORMER EXECUTIVE VP & PROVOST 139165 0 0 0 4130 0 8985 0 7049 0 159329 0 0 0 PART I, LINE 1A EMPLOYEES WHO ARE ORDAINED MINISTERS QUALIFY FOR HOUSING ALLOWANCES. THE AMOUNT OF THE HOUSING ALLOWANCE IS INCLUDED IN FORM 990,PART VII, SECTION A, COLUMN F. THE HOUSING ALLOWANCE IS ALSO REPORTED ON THE W-2, BOX 14. THE FOLLOWING ORDAINED MINISTERS REPORTED IN FORM 990,PART VII, SECTION A, COLUMN F, RECEIVED HOUSING ALLOWANCE: DRS. GARRY BRELAND AND RAYMOND KING. PHIL HANBERRY TRUSTEE 95958 PROMOTIONAL AND MARKETING ITEMS AND SERVICES 0 X 1 1000 X 1 558 FAIR MARKET VALUE X MUSICAL INSTRUMENTS 3 67799 COST X FURNISHINGS 5 6225 COST X SUPPLIES 2 3320 COST X INSTRUCTIONAL EQUIPMENT 1 2500 COST X STUDENT SUPPORT 1 825 COST 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF FORM 990 IS PRESENTED IN PERSON, MAILED, OR EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE RETURN MUST BE REVIEWED BY THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE MUST SIGN A CONFLICT OF INTEREST CERTIFICATION EACH YEAR. EACH CERTIFICATION IS REVIEWED BY THE APPROPRIATE BODY (ADMINISTRATION OR GOVERNING BOARD), AND MATTERS REQUIRING RESOLUTION ARE RESEARCHED, DISCUSSED, AND ACTED UPON AS NEEDED TO ENSURE THE NECESSARY DISCLOSURE AND AVOIDANCE OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND MEETS ANNUALLY REGARDING THE CHIEF EXECUTIVE'S COMPENSATION. THIS COMMITTEE OFTEN DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON COMPARABILITY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DELIBERATION AMONG THE MEMBERS. AFTER THE COMMITTEE REACHES A CONCLUSION, THEY MAKE A RECOMMENDATION TO THE TRUSTEES. THE TRUSTEES THEN DISCUSS AND VOTE ON THE RECOMMENDATION OF THE COMMITTEE. ALL DISCUSSIONS CONCERNING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE MEETINGS FOR SUBSTANTIATION PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE BY REQUESTING A COPY FROM THE BUSINESS OFFICE THROUGH THE CFO, THE GUIDESTAR WEBSITE, OR UNIVERSITY'S WEBSITE. CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO ALL EMPLOYEES ON OUR INTERNAL WEBSITE. THESE ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XII, LINE 2C PROCESS IS UNCHANGED FROM PRIOR YEAR