2020-07-15T12:33:03-05:00 2019-06-30 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2018-07-01 250983069 JOHNSON C SMITH UNIVERSITY JOHN 7043781000 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 GREG PETZKE VICE PRESIDENT 7043781000 2020-07-15 1 AMY BIBBY P00445891 8282542254 2020-07-15 99.47.28.203 2020-07-15 11:09:05 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 48FB394F9AA065459641371F168D9F2AFFFBB473 2018 2021-01-29 14:40:06Z CLARENCE ARMBRISTER 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 51680719 0 X WWW.JCSU.EDU X 1867 NC 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 15 13 823 0 142529 3626 15418867 12683465 32067163 33151040 4221570 3832576 1584541 1770559 53292141 51437640 7215357 7624549 0 0 20577833 20655577 0 0 2406810 22891272 26055991 50684462 54336117 2607679 -2898477 141943001 137594790 28694004 26594985 113248997 110999805 X SEE SCH O FOR MISSION STATEMENT. 0 0 13681651 7624549 26103099 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. 6690684 3330190 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. 3406214 1690134 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. 18715661 2027617 OTHER: PUBLIC SERVICE, STUDENT ASSISTANCE, AUXILIARY SERVICE (ROOM AND BOARD) 18715661 2027617 42494210 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 108 0 1 823 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KARA GILLIARD CONTROLLER 7043781190 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 SHIRLEY HUGHES BOARD CHAIRMAN 1.00 X X 0 0 0 KEVIN HENRY BOARD VICE-CHAIRMAN 1.00 X X 0 0 0 THOMAS BARNHARDT TRUSTEE 1.00 X 0 0 0 STEVEN BOYD TRUSTEE 1.00 X 0 0 0 PARRAN FOSTER III TRUSTEE 1.00 X 0 0 0 CHRISTY BRYANT TRUSTEE 1.00 X 0 0 0 MICHAEL JONES TRUSTEE 1.00 X 0 0 0 MONROE MILLER TRUSTEE 1.00 X 0 0 0 PATRICIA MORTON TRUSTEE 1.00 X 0 0 0 ASTRID CHIRINOS TRUSTEE 1.00 X 0 0 0 RICHARD OSBORNE TRUSTEE 1.00 X 0 0 0 JOHN STEDMAN TRUSTEE 1.00 X 0 0 0 MCKINLEY WASHINGTON TRUSTEE 1.00 X 0 0 0 STEVE MAGOWAN BOARD OF VISITORS 1.00 X 0 0 0 SHEILA BROWN TRUSTEE 1.00 X 0 0 0 CLARENCE ARMBRISTER PRESIDENT 40.00 X 359215 0 12576 GREG PETZKE VICE-PRESIDENT (FINANCE) 40.00 X 175000 0 12197 TAMI SIMMONS VICE-PRESIDENT (ADVANCEMENT) 40.00 X 150000 0 0 OLIVIA BOWLES VICE-PRESIDENT (GSPAR) 40.00 X 133900 0 2831 STEPHEN JOYNER SR ATHLETIC DIRECTOR 40.00 X 113150 0 2089 BRIAN JONES FORMER DEAN (CAL & STEM) 40.00 X 123867 0 0 KELLI RAINEY FORMER DEAN (ACADEMIC SUPPORT) 40.00 X 120000 0 2089 1175132 0 31782 11 1 1 0 MOSAIC VILLAGE HOLDINGS LLC 4530 PARK RD CHARLOTTE NC 28209 PROPERTY MANAGEMENT 1970000 WFF FACILITY SERVICE PO BOX 958204 ST LOUIS MO 63195 JANITORIAL SERVICE 1610772 PERKINS MANAGEMENT SERVICE CO 7730 ENGLAND ST CHARLOTTE NC 28273 FOOD SERVICE 1404216 FOLLETT HIGHER EDUCATION GROUP' 3146 SOLUTIONS CENTER CHICAGO IL 60677 BOOKSTORE MANAGEMENT 1079630 NORTH STATE SECURITY GROUP 7990 NORTH POINT BLVD STE 120 WINSTON SALEM NC 27106 SECURITY SERVICES 256567 7 107182 4635125 7941158 12683465 TUITION AND FEES 611310 26103099 26103099 ROOM AND BOARD 721310 7047941 7047941 33151040 216313 216313 280538 0 280538 280538 142529 138009 3616263 0 3616263 3616263 3616263 100877 107182 243079 -142202 -142202 MISC. INCOME 900099 1474809 1474809 EVENT INCOME 900099 157414 157414 1632223 51437640 33151040 142529 5460606 7624549 7624549 546792 546792 16617226 12912630 2813327 891269 1776321 1336341 347742 92238 573314 431309 112235 29770 1141924 859079 223549 59296 75901 75901 172816 172816 112609 112609 157158 118231 30766 8161 293769 221005 57510 15254 15305902 11514753 2996365 794784 1507748 1134291 295165 78292 1391783 1047049 272463 72271 451447 339627 88378 23442 791642 595559 154976 41107 3617546 2721509 708190 187847 SUPPLIES 1696996 1276664 332213 88119 FINANCIAL AID 378650 284861 74127 19662 TAXES & LICENSES 76611 57635 14998 3978 BAD DEBT EXPENSE 25413 19118 4975 1320 54336117 42494210 9435097 2406810 7034895 5497014 6061565 4716344 1433200 1980788 4965 633853 561873 138167343 84188454 57093568 53978889 2617390 2876494 65557667 66073677 1510863 1904746 141943001 137594790 3448991 2348945 153127 147129 1704726 2497491 23387160 21601420 28694004 26594985 X 39571813 37872499 36582681 35366960 37094503 37760346 113248997 110999805 141943001 137594790 -2898477 649285 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 681560 X X 0 68175057 234762 4265548 2576425 753765 395006 68950171 66566444 4242679 4970829 4887787 2279027 438081 68175057 61949828 1099478 7072684 1184993 1942000 428553 66566444 64381205 2000000 -1184012 1117499 1708466 421400 61949828 61125083 1452798 4494858 891927 1335670 463937 64381205 0.17260 0.44820 0.37920 0 0 774257 774257 102904106 63055121 39848985 27445920 16817655 10628265 7043060 4315678 2727382 53978889 INVESTMENTS 66073677 F 66073677 ASSET RETIREMENT 1936214 BONDS PAYABLE 18327454 DUE TO THE GOVERNMENT 655955 CAPITAL LEASE OBLIGATION 681797 21601420 X 44455349 649285 -7631576 -6982291 51437640 0 51437640 46704541 -7631576 -7631576 54336117 0 54336117 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 -7,631,576. PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT ASSISTANCE -7,631,576. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. PRESIDENT GALA 208059 107182 100877 16802 31186 99756 95335 208059 107182 100877 16802 31186 99756 95335 243079 -142202 1 TUITION AND FEES 1221 6661932 ROOM AND BOARD 147 799432 BOOKS 61 333097 STIPEND 37 199858 PART I, LINE 2: 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. X 1 0 X 0 0 0 0 0 0 0 0 0 CLARENCE ARMBRISTER PRESIDENT 250000 0 75000 0 34215 0 0 0 12576 0 371791 0 0 0 GREG PETZKE VICE-PRESIDENT (FINANCE) 175000 0 0 0 0 0 0 0 12197 0 187197 0 0 0 BRIAN JONES FORMER DEAN (CAL & STEM) 95000 0 28867 0 0 0 0 0 0 0 123867 0 0 0 KELLI RAINEY FORMER DEAN (ACADEMIC SUPPORT) 120000 0 0 0 0 0 0 0 2089 0 122089 0 0 0 PART I, LINE 1A 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. GLOBAL ENDOWMENT MANAGEMENT THE HUSBAND OF PATRICIA MORTON, BOARD MEMBER, IS CEO OF THE ORGANIZATION. 395006 THE ORGANIZATION HAS ASSETS INVESTED WITH GLOBAL ENDOWMENT MANAGEMENT. 0 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 XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MISSION STATEMENT THE MISSION OF JOHNSON C. SMITH UNIVERSITY IS TO PROVIDE AN OUTSTANDING EDUCATION FOR A DIVERSE GROUP OF TALENTED AND HIGHLY MOTIVATED STUDENTS FROM VARIOUS ETHNIC, SOCIOECONOMIC, AND GEOGRAPHICAL BACKGROUNDS. THE UNIVERSITY OFFERS A LIBERAL ARTS EDUCATION IN CONJUNCTION WITH CONCENTRATED STUDY IN SPECIALIZED FIELDS, IN PREPARATION FOR ADVANCED STUDY AND SPECIFIC CAREERS. THE UNIVERSITY ENDEAVORS TO PRODUCE GRADUATES WHO ARE ABLE TO COMMUNICATE EFFECTIVELY, THINK CRITICALLY, LEARN INDEPENDENTLY AS WELL AS COLLABORATIVELY, AND DEMONSTRATE COMPETENCE IN THEIR CHOSEN FIELDS. FURTHER, IT PROVIDES AN ENVIRONMENT IN WHICH STUDENTS CAN FULFILL THEIR PHYSICAL, SOCIAL, CULTURAL, SPIRITUAL, AND OTHER PERSONAL NEEDS THROUGH WHICH THEY CAN DEVELOP A COMPELLING SENSE OF SOCIAL AND CIVIC RESPONSIBILITY FOR LEADERSHIP AND SERVICE IN A DYNAMIC, MULTICULTURAL SOCIETY. LIKEWISE, THE UNIVERSITY EMBRACES ITS RESPONSIBILITY TO PROVIDE LEADERSHIP, SERVICE, AND LIFELONG LEARNING TO THE LARGER COMMUNITY. REGARDING TEACHING EFFECTIVENESS AS PARAMOUNT IN ITS EDUCATIONAL ENTERPRISE, THE UNIVERSITY HAS A COMMITMENT TO THE RECRUITMENT AND RETENTION OF AN OUTSTANDING FACULTY. TO THIS END, THE UNIVERSITY PROMOTES FACULTY DEVELOPMENT, ENCOURAGES FACULTY INVOLVEMENT IN RESEARCH AND OTHER CREATIVE ACTIVITIES, AND ENDORSES THE PRINCIPLES OF ACADEMIC FREEDOM. TO ENSURE THE INTEGRITY AND STABILITY OF ITS STATUS AND THE PERPETUATION OF ITS RICH LEGACY, JOHNSON C. SMITH UNIVERSITY HAS A FIRM RESOLVE TO MAINTAIN THE FISCAL AND HUMAN RESOURCES REQUISITE TO BE A TRULY DISTINCTIVE INSTITUTION - A HALLMARK OF EXCELLENCE IN ITS STUDENTS, FACULTY, STAFF, ADMINISTRATORS, ACADEMIC AND OTHER PROGRAMS, FACILITIES, OPERATIONS, AND ENVIRONMENT.