2020-07-13T14:30:44-05:00 2019-05-31 990 2018-06-01 560532303 Elon University ELON 3362785260 2900 Campus Box Elon NC 27244 Gerald O Whittington Sr. VP for Bus Fin & Tech 2020-07-13 2018 2021-01-29 14:40:06Z X Dr Constance L Book 2900 Campus Box Elon NC 27244 371470896 false X www.ELON.edu X 1889 NC ELON UNIVERSITY'S MISSION IS TO TRANSFORM THE MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS. 39 38 4548 2749 1198575 740976 23867298 25814838 283702415 302380511 1810253 2353726 2013502 2919135 311393468 333468210 49379701 54403368 0 0 136858752 142484794 13854 13029 7012118 99904385 113889104 286156692 310790295 25236776 22677915 886158883 901041945 274749758 258181904 611409125 642860041 X ELON UNIVERSITY'S MISSION IS TO TRANSFORM MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS. false false 173739013 54403368 248948784 INSTRUCTION - EXPENSES RELATED TO PROVIDING THE PRIMARY PURPOSE OF EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS. 46393536 4906126 STUDENT SERVICES - EXPENSES RELATED TO THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. ATHLETICS IS INCLUDED WITHIN THIS DIVISION. 41703798 48525601 AUXILIARY SERVICES - EXPENSES RELATED TO THE FUNCTION OF FURNISHING GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF. EXAMPLES ARE RESIDENCE HALLS AND FOOD SERVICES. 10603029 2729307 ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY. 10603029 2729307 272439376 true true false false false false true false true true true false false true true false true true false true false false false true false false false true true true false false false false false false false false true false true true false false true false false false false true 799 0 true 4548 true true true false false false false true true true false false true false false false X 39 38 true false false false false false false true true false false true true true true true true true true false X Jane Deaton 3362785260 PO Box 398 Elon NC 27244 Edward W Doherty Chair 1.0 X X 0 0 0 Kebbler McGhee Williams Secretary 1.0 X X 1793 0 0 Kerrii Brown Anderson Past Chair 1.0 X X 2000 0 0 Edmond N Moriarty Vice Chair 1.0 X 0 0 0 Noel L Allen Trustee 1.0 X 1473 0 0 Howard F Arner Trustee 1.0 X 0 0 0 A Christine Baker Trustee 40.0 X 51386 0 15681 Lauren Brown Youth Trustee 1.0 X 0 0 0 Thomas E Chandler Trustee 1.0 X 0 0 0 Cynthia Citrone Trustee 1.0 X 0 0 0 Charles R Clohan Trustee 1.0 X 0 0 0 Caroline Dean Youth Trustee 1.0 X 0 0 0 Louis DeJoy Trustee 1.0 X 0 0 0 Wesley R Elinburg Trustee 1.0 X 0 0 0 Allen E Gant Jr Trustee 1.0 X 0 0 0 Michele Skeens Hazel Trustee 1.0 X 0 0 0 James A Hendrickson Trustee 1.0 X 0 0 0 Dr William N P Herbert Trustee 1.0 X 0 0 0 John R Hill Trustee 1.0 X 0 0 0 Victoria Silek Hunt Trustee 1.0 X 0 0 0 William J Inman Trustee 1.0 X 0 0 0 Maurice N Jennings Jr Trustee 1.0 X 0 0 0 David King Trustee 1.0 X 0 0 0 A Michelle Larose Trustee 1.0 X 0 0 0 Dr W Bryan Latham Trustee 1.0 X 0 0 0 Robert E Long Jr Trustee 1.0 X 0 0 0 Mark T Mahaffey Trustee 1.0 X 0 0 0 Chris P Martin Trustee 1.0 X 0 0 0 Dalton L McMichael Jr Trustee 1.0 X 0 0 0 The Rev Dr Marvin L Morgan Trustee 1.0 X 0 0 0 David C Porter Trustee 1.0 X 0 0 0 Anne Ellington Powell Trustee 1.0 X 0 0 0 Jeanne Swanner Robertson Trustee 1.0 X 0 0 0 Eric Sklut Trustee 1.0 X 0 0 0 William H Smith Trustee 1.0 X 0 0 0 Richard L Thompson Trustee 1.0 X 0 0 0 Katherine Stern Weaver Trustee 1.0 X 0 0 0 W Cecil Worsley Trustee 1.0 X 0 0 0 Deborah A Yow-Bowden Trustee 1.0 X 0 0 0 Dr Constance L Book President 40.0 X 463187 0 38235 Gerald Whittington Sr. VP -Bus, Fin & Tech. 40.0 X 424238 0 49359 Dr Steven House Provost & Exec. Vice President 40.0 X 340999 0 35503 Robert J Shea Vice Pres.-Bus, Fin & Tech. 40.0 X 276199 0 25770 David L (Dave) Blank Director of Athletics 40.0 X 298797 0 57282 Jonathan C Dooley Vice Pres of Student Life 40.0 X 182001 0 26649 James Piatt Vice Pres - Uni. Advancement 40.0 X 304192 0 55702 Paul Parsons Former Dean-Sch of Communications 40.0 X 275712 0 31961 Curtis J Cignetti Football Coach 40.0 X 351174 0 58836 Raghuram Tadepalli Dean-School of Bus. 40.0 X 308943 0 72678 Matthew M Matheny Basketball Coach 40.0 X 328606 0 43408 Luke Bierman Dean-School of Law 40.0 X 291318 0 73904 Dr Smith Jackson Former - VP & Dean of Students 40.0 X 205676 0 35132 Dr Leo Lambert President Emeritus 40.0 X 592643 0 49459 Dr Gerry Francis Former Secretary 40.0 X 135275 0 143 4835612 0 669702 196 true true false ARAMARK CORPORATION PO BOX 7548 PHILADELPHIA PA 191017548 DINING SERVICES 21409122 SAMET CORPORATION PO BOX 8050 GREENSBORO NC 27419 CONSTRUCTION 18951777 NEW ATLANTIC CONTRACTING INC 2635 REYNOLDA ROAD WINSTONSALEM NC 27106 CONSTRUCTION 14137042 DAVIE CONSTRUCTION COMPANY 152 E KINDERTON WAY ADVANCE NC 27006 CONSTRUCTION 5556547 RENTENBACH CONSTRUCTORS 1102 GRECADE ST GREENSBORO NC 27408 CONSTRUCTION 4742233 157 X 72470 3189367 22553001 5490201 25814838 TUITION 900099 248948784 248948784 AUXILLIARY SERVICES 900099 48525601 48525601 ATHLETICS 900099 4906126 4906126 0 0 0 0 302380511 2337766 1120681 1217085 0 0 37972870 7700 37938424 26186 34446 -18486 15960 15960 150860 72470 38076 112784 850 111934 0 0 0 0 ATHLETIC ADVERTISING 900099 77044 77044 2729307 2729307 0 0 2806351 333468210 305109818 1198575 1344979 54403368 54403368 0 0 0 0 2772934 680442 1579348 513144 0 0 0 0 109259090 92451834 13337139 3470117 7199696 6072904 896311 230481 14873433 12230363 2117004 526066 8379641 6963117 1120354 296170 13052 13052 0 0 442242 0 442242 0 173225 0 173225 0 0 0 0 0 13029 13029 1631351 1486513 144838 0 21460432 18425716 2556381 478335 1004244 635003 365933 3308 7928028 5787858 1848418 291752 3362266 1486624 1875642 0 9919 2065 7854 0 12905247 12123876 781395 -24 25581535 24944718 352050 284767 0 0 0 0 2016037 1452107 459872 104058 894546 894546 0 0 0 0 0 0 14957873 14728543 229330 0 1744952 250532 1492731 1689 DEBT SERVICE 5378587 4818265 560322 0 SPECIAL PROJECTS 4552360 4471585 53152 27623 INTEREST RATE SWAP 503436 503436 0 0 OTHER EXPENSES 9329772 7612909 945260 771603 0 0 0 0 310790295 272439376 31338801 7012118 0 88637503 69698816 10170364 9674631 4240250 3885236 0 0 0 0 0 4748104 5343830 620344688 146641590 451078460 473703098 82289371 79849192 241907377 256350160 3087454 2536982 0 0 0 886158883 901041945 29432981 29552058 0 3406142 3501562 198567985 183423537 0 0 0 0 43342650 41704747 274749758 258181904 X 403963962 451506338 74551756 50250674 132893407 141103029 X 0 0 0 611409125 642860041 886158883 901041945 X 22677915 7344900 1631357 -203256 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139995 2327532 X X X false 257905606 16197946 8534265 8082218 2972070 1631351 269952178 231924359 16435374 22069831 7528510 2948123 2047325 257905606 202089599 15553919 25698193 6882318 2831339 1703695 231924359 214224572 3238430 -5122866 6294114 2669778 1286645 202089599 188687623 14601394 19757493 5007667 2252104 1562167 214224572 0.389 0.519 0.092 false false 23656692 23656692 489182470 97393505 391788965 13784394 3170803 10613591 40399999 26468325 13931674 53321133 19608957 33712176 473703098 ALTERNATIVE INVESTMENTS OTHER REAL ESTATE ALTERNATIVE INVESTMENTS 237488012 F OTHER 1304454 F REAL ESTATE 17557694 F 256350160 STUDENT DEPOSITS 6252165 FEDERAL ADVANCE-PERKINS STUDENT LOANS 2689861 CAPITAL LEASE OBLIGATIONS 10427049 OBLIGATION UNDER INTEREST RATE SWAP 3374237 OTHER LIABILITIES 18961434 ROUNDING 1 41704747 X 286447818 8976257 38076 9014333 277433485 1631357 54403368 56034725 333468210 254493466 38076 38076 254455390 1631357 54703548 56334905 310790295 Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLECTIONS OF ART AND SIMILAR ASSETS ARE USED FOR TEACHING AND RESEARCH BY THE UNIVERSITY'S FACULTY AND STUDENTS. SOME PIECES ARE ON DISPLAY THROUGHOUT THE CAMPUS. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF EDUCATIONAL PURPOSES WHICH INCLUDE THE FUNDING OF SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM RELATED ACTIVITIES SUCH AS STUDY ABROAD, FACULTY DEVELOPMENT, COMMUNICATIONS STUDIES, LECTURE SERIES, SUPPORT OF SPIRITUAL LIFE, ETC. SCHOLARSHIPS PROVIDED INCLUDE ACADEMIC, ATHLETIC AND NEED BASED SCHOLARSHIPS WHICH ARE AWARDED BY THE OFFICE OF FINANCIAL PLANNING ON AN ANNUAL BASIS. FUNDS PROVIDED FOR PROFESSORSHIPS ARE USED TO FUND SALARY AND OPERATING EXPENSES FOR THE INTENDED AREA OF STUDY. EXTERNAL INVESTMENT MANAGERS ARE EMPLOYED TO OVERSEE THE ENDOWMENT FUNDS. THE BOARD OF TRUSTEES HAVE APPROVED AN ENDOWMENT SPENDING POLICY WHEREBY DISTRIBUTIONS ARE USED TO FUND THE EDUCATIONAL PURPOSES DESCRIBED ABOVE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM ACTIVITIES UNRELATED TO ITS BUSINESS PURPOSE. THE UNIVERSITY BELIEVES IT HAS SUFFICIENT JUSTIFICATION FOR ANY TAX POSITIONS TAKEN, INCLUDING ALLOCATION OF EXPENSES TO ITS UNRELATED BUSINESS INCOME AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES FOR THREE YEARS AFTER THEY ARE FILED. AS OF THE REPORT DATE (SEPTEMBER 17, 2019), THE UNIVERSITY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR 2017, 2016, AND 2015 REMAIN SUBJECT TO SAID EXAMINATION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSES OFFSETTING REVENUES SCHEDULE VIII LINE 8(B) - 38076 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements TUITION DISCOUNT - 54403368 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSES OFFSETTING REVENUES SCHEDULE VIII LINE 8(B) - 38076 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements TUITION DISCOUNT - 54403368 INVESTMENT RATE SWAP - 503436 CHANGE IN VALUE-SPLIT INTEREST AGREEMENTS - -203257 ROUNDING - 1 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY ELON UNIVERSITY'S NONDISCRIMINATORY POLICY APPEARS ON ITS APPLICATION, IN THE VIEWBOOK, PRE-REGISTRATION GUIDE, ACADEMIC CATALOG AND ON MONITORS ACROSS CAMPUS. THE POLICY STATES "THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF AGE, RACE, COLOR, CREED, SEX, NATIONAL OR ETHNIC ORIGIN, DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, OR VETERAN'S (CONTINUED ON SUPPLEMENTAL SECTION) Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY RECEIVES FUNDS FROM THE FEDERAL GOVERNMENT AND THE STATE OF NORTH CAROLINA ON BEHALF OF ITS STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED. A LIST OF ANY FINANCIAL AID OR ASSISTANCE FROM STATE AND FEDERAL AGENCIES IS ON FILE AT THE INSTITUTION AND IS PUBLISHED IN THE UNIFORM GUIDANCE SINGLE AUDIT EACH YEAR. Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY (CONTINUE FROM SCHEDULE E, PART 1, LINE 3) STATUS (COLLECTIVELY KNOWN AS "PROTECTED CATEGORIES") IN THE RECRUITMENT AND ADMISSION OF STUDENTS, THE RECRUITMENT AND EMPLOYMENT OF FACULTY AND STAFF OR THE OPERATION OF ANY OF ITS PROGRAMS." Central America and the Caribbean 0 0 Program Services STUDY ABROAD 307351 East Asia and the Pacific 0 0 Program Services STUDY ABROAD 873005 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 7269035 Middle East and North Africa 0 0 Program Services STUDY ABROAD 96104 North America (Canada & Mexico only) 0 0 Program Services STUDY ABROAD 121141 Russia and Neighboring States 0 0 Program Services STUDY ABROAD 108 South America 0 0 Program Services STUDY ABROAD 161735 South Asia 0 0 Program Services STUDY ABROAD 88969 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD 209944 0 0 0 0 0 0 9127392 0 9127392 true false false false false false NIGHT OF THE PHOENIX 217655 72470 145185 1646 15290 10525 6103 GOLF TOURNAMENT 5675 5675 2740 1772 0 223330 72470 150860 1646 18030 10525 7875 38076 112784 Schedule G, Part II, Line 9(a) Night of the Phoenix -Other Direct Expenses PRINT SERVICES $4,761 , PROMOTIONAL ITEMS $1,342 Schedule G, Part II, Line 9(b) Golf Tournament Hats $989, Signage $91, Gift Cards $160 and Various Miscellaneous Expenses $531 true FINANCIAL AID TO STUDENTS 4347 54403368 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIP FUNDS ARE MONITORED COLLABORATIVELY BY THE OFFICE OF THE REGISTRAR, OFFICE OF THE BURSAR, FINANCIAL PLANNING, AND THE ACCOUNTING OFFICE TO VERIFY ELIGIBILITY, APPROPRIATE SELECTION CRITERIA AND APPLICATION OF SCHOLARSHIP FUNDS. FUNDS ARE CREDITED DIRECTLY TO THE STUDENTS' ACCOUNTS. X X X X true true X X X X X X false false false false false false false false false Dr Constance L Book President 434226 0 0 0 28961 0 22000 0 16235 0 501422 0 0 0 Gerald Whittington Sr. VP -Bus, Fin & Tech. 293054 0 0 0 131184 0 22000 0 27359 0 473597 0 0 0 Dr Steven House Provost & Exec. Vice President 291259 0 0 0 49740 0 22000 0 13503 0 376502 0 0 0 Robert J Shea Vice Pres.-Bus, Fin & Tech. 252416 0 0 0 23783 0 20467 0 5303 0 301969 0 0 0 David L (Dave) Blank Director of Athletics 265510 0 0 0 33287 0 22000 0 35282 0 356079 0 0 0 Jonathan C Dooley Vice Pres of Student Life 158935 0 0 0 23066 0 13183 0 13466 0 208650 0 0 0 James Piatt Vice Pres - Uni. Advancement 277296 0 0 0 26896 0 22000 0 33702 0 359894 0 0 0 Paul Parsons Former Dean-Sch of Communications 268639 0 0 0 7073 0 19793 0 12168 0 307673 0 0 0 Curtis J Cignetti Football Coach 294164 0 5000 0 52010 0 22000 0 36836 0 410010 0 0 0 Raghuram Tadepalli Dean-School of Bus. 292343 0 0 0 16600 0 22000 0 50678 0 381621 0 0 0 Matthew M Matheny Basketball Coach 292077 0 0 0 36529 0 22000 0 21408 0 372014 0 0 0 Luke Bierman Dean-School of Law 281061 0 0 0 10257 0 22000 0 51904 0 365222 0 0 0 Dr Smith Jackson Former - VP & Dean of Students 159076 0 0 0 46600 0 13915 0 21217 0 240808 0 0 0 Dr Leo Lambert President Emeritus 364254 0 0 0 228389 0 22000 0 27459 0 642102 0 0 0 Dr Gerry Francis Former Secretary 1787 0 0 0 133488 0 143 0 0 0 135418 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments TAX INDEMNIFICATION AND GROSS-UP PAYMENTS INCLUDING SOCIAL CLUB DUES: THE UNIVERSITY GROSSES UP TWO BENEFITS FOR CERTAIN SENIOR STAFF: SOCIAL CLUB DUES AND CAR ALLOWANCES. SOCIAL CLUB MEMBERSHIPS ARE USED FOR ENTERTAINMENT/FUNDRAISING PURPOSES FOR THE DIRECT BENEFIT OF THE UNIVERSITY. PERSONAL USE OF THE SOCIAL CLUB AND CARS ARE INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES. Schedule J, Part I, Line 1a Housing allowance or residence for personal use HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE ONLY PERSON WHO RECEIVES HOUSING IS THE UNIVERSITY PRESIDENT. THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT, AND AS A BENEFIT TO THE UNIVERSITY, THE PRESIDENT IS TO RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, THE CONTRACT STATES THE UNIVERSITY SHALL PAY ALL UTILITIES, REAL ESTATE TAXES, INSURANCE AND EXPENSE FOR MAINTENANCE AND UPKEEP FOR THE PRESIDENTIAL RESIDENCE. Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL CLUB MEMBERSHIPS ARE USED FOR ENTERTAINMENT/FUNDRAISING PURPOSES FOR THE DIRECT BENEFIT OF THE UNIVERSITY. Schedule J, Part I, Line 1a Personal services PERSONAL SERVICES: THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT THE PRESIDENT WILL RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, EXPENSES FOR MAINTENANCE AND UPKEEP OF THE PRESIDENT'S RESIDENCE WILL BE PAID FOR BY THE UNIVERSITY. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2012-07-18 54595000 FINANCE COST OF IMPROVEMENTS false false false B NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2014-09-30 39985000 REFUNDED ISSUES 1997, 1998, 2000, 2001C AND 2006. false false false C NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2014-09-30 60325000 REFUNDED ISSUES 2010 AND 2011. false false false D NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2016-08-24 32000000 CONVOCATION CENTER false false false A 0 54830317 2703449 235373 50766495 1125000 2014 false false true true B 39985000 39985000 2008 true false true true C 60325000 60325000 2013 true false true true D 32120830 32120543 291 2018 false false true true A false false false false 0.0 false false true B false false false false 0.0 false false true C false false false false 0.0 false false true D false false false false 0.0 false false true A false true true false false false true B false true true true WELLS FARGO 25.0 false false false false true C false true true true WELLS FARGO 25.0 false false false false true D false true true true BANK OF AMERICA 6.0 false false false false true A true B true C true D true Schedule K, Part II, Line 3 COLUMN A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $235,317 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE. Schedule K, Part II, Line 13 COLUMN C NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 2010 and 2011 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2013. Schedule K, Part II, Line 13 Column B NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 1997, 1998, 2000, 2001C, and 2006 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2008. Schedule K, Part II, Line 3 COLUMN D NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $120,833 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE. Schedule K, Part II, Line 3 COLUMN E NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 190,154 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE. Schedule K, Part II, Line 3 COLUMN F NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 283,568 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE. Schedule K, Part IV, Line 2c COLUMN A Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 12/31/2016 Schedule K, Part IV, Line 2c COLUMN B Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/2016 Schedule K, Part IV, Line 2c COLUMN C Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/1916 Schedule K, Part IV, Line 2c COLUMN D Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 08/23/2018 Schedule K, Part IV, Line 2c COLUMN A Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 04/26/2019 A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2017-04-26 24320000 FINANCE RESIDENCE HALLS, TENNIS BUILDING, AND PHOENIX ATHLETIC RECREATIONAL CENTER-SOUTH false false false B NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2018-03-27 20000000 CONSTRUCTION OF ELEMENTARY SCHOOL. false false false A 24510154 1028576 162192 22934915 0 2018 false false false true B 20283568 664778 143055 14762193 false false false true A false false false false 0.0 false false true B false false false false 0.0 false false true A false true true false false false true B false true true false false false true A true B true RENE JACKSON FAMILY MEMBER OF FORMER KEY EMPLOYEE 62360 EMPLOYEE false STACEY DOOLEY FAMILY MEMBER OF KEY EMPLOYEE 63433 EMPLOYEE false X 2 139995 Market value X 1 35928 Market value X 39 4924234 Market value X LEASED VECHICLES 2 37680 Market value X Gifts in Kind 5 36740 Market value X VARIOUS 26 52974 Market value X Concrete 1 202160 Market value X AUDIO/VISUAL EQUIPMENT 1 17990 Market value X CHIROPRACTIC SERVICES 1 42500 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Stocks Combination method of items received and number of contributions made. Other - LEASED VECHICLES NUMBER OF ITEMS RECEIVED. Other - Gifts in Kind NUMBER OF CONTRIBUTIONS. Other - VARIOUS NUMBER OF CONTRIBUTIONS. Other - Concrete Reporting number of items received. Art - Historical treasures - Gifts in Kind NUMBER OF ITEMS RECEIVED. Intellectual property - NUMBER OF ITEMS RECEIVED. Other - AUDIO/VISUAL EQUIPMENT NUMBER OF CONTRIBUTIONS RECEIVED. Other - CHIROPRACTIC SERVICES NUMBER OF CONTRIBUTIONS MADE Form 990, Part III, Line 4d Description of other program services (Expenses $ 10,603,029 including grants of $)(Revenue $ 2,729,307) ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons KERRII ANDERSON AND DAVID KING - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE BEFORE FILING. ALSO, A COPY IS PROVIDED TO THE BOARD THROUGH A PASSWORD PROTECTED WEBSITE. Form 990, Part VI, Line 12c Conflict of interest policy THE UNIVERSITY SENDS OUT AN ANNUAL CONFLICT OF INTEREST FORM TO ALL KEY EMPLOYEES AND MEMBERS OF THE BOARD. EACH YEAR THESE PERSONS ARE TO RE-READ THE CONFLICT OF INTEREST POLICY AND FILL OUT THE ATTACHED FORM WITH VARIOUS QUESTIONS. THE FORMS ARE MONITORED BY THE ASSISTANT TO THE BOARD OF TRUSTEES AND SENT TO THE AUDIT COMMITTEE CHAIR. IF AN ITEM COMES TO VOTE THAT PRESENTS A CONFLICT, THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY DISCUSSION OR VOTING PERTAINING TO THE ITEM OF CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ADMINISTRATIVE PERSONNEL COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES, HIRES AN INDEPENDENT COMPENSATION CONSULTANT. THE CONSULTANT GATHERS COMPENSATION DATA FROM OTHER UNIVERSITIES, PUBLISHED SURVEYS, AND THE FORMS 990. THE COMMITTEE REVIEWS THE DATA AND FORMULATES A RECOMMENDATION FOR THE BOARD OF TRUSTEES FOR APPROVAL. THESE DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FOR ALL OTHER EMPLOYEES, THE HUMAN RESOURCES DEPARTMENT REVIEWS SALARY RANGES AND COMPARES THEM TO INDUSTRY STANDARDS ON A REGULAR BASIS. Form 990, Part VI, Line 15b Process to establish compensation of other employees SEE DESCRIPTION FOR LINE 15A. Form 990, Part VI, Line 19 Required documents available to the public CERTAIN DOCUMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. SOME POLICIES ARE AVAILABLE ONLY UPON REQUEST. Form 990, Part VII, Section A, Line 1a, Column (D) REPORTABLE COMPENSATION FROM THE ORGANIZATION PAYMENTS TO THREE BOARD OF TRUSTEE MEMBERS , WERE ACKNOWLEDGMENT FOR PARTICIPATION ON THE PRESIDENTIAL SEARCH COMMITTEE. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MISCELLANEOUS - Total Revenue: 2729307, Related or Exempt Function Revenue: 2729307, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE-SPLIT INTEREST AGREEMENTS - -203257; ROUNDING - 1; TRI-STATE REAL PROPERTIES LLC 615 S DUPONT HIGHWAY DOVER DE 19901 260353244 REAL ESTATE DE 88523 50476 ELON UNIVERSITY THE INN AT ELON 100 CAMPUS DR ELON NC 27244 825422878 HOTEL AND RESTAURANT NC 0 19661783 ELON UNIVERSITY