2020-11-10T08:17:02-06:00 2020-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2019-07-01 620476661 TENNESSEE WESLEYAN UNIVERSITY TENN 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 GAIL HARRIS V.P. FOR FINANCIAL AFFAIRS 4237465208 2020-10-23 1 BRIAN D MILLER CPA P00365109 4237567771 2020-10-23 64.88.174.3 2020-10-23 08:34:49 ED P 255FD72057F7B33464D594AC3B65EB2FEC86A932 434E35CC89F0DC1507D3D1E1E4A4C9D473B58B72 2019 2021-01-29 14:40:06Z GAIL HARRIS 204 EAST COLLEGE STREET ATHENS TN 37303 34689420 0 X WWW.TNWESLEYAN.EDU X 1857 TN FOUR-YEAR LIBERAL ARTS COLLEGE 41 41 570 0 0 0 1735301 4579139 24684961 28432424 291931 1304967 358500 372890 27070693 34689420 11626871 12591826 0 0 8935401 10155816 0 0 402979 9251277 10636908 29813549 33384550 -2742856 1304870 44013333 42881172 28634349 27063358 15378984 15817814 X TENNESSEE WESLEYAN UNIVERSITY SEEKS WITHIN THE FRAMEWORK OF THE JUDEO-CHRISTIAN TRADITION TO PROVIDE FOR STUDENTS THE HIGHEST QUALITY EDUCATIONAL EXPERIENCE; TO PROMOTE PERSONAL RESPONSIBILITY, INTEGRITY, AND PURPOSE; AND TO PREPARE STUDENTS FOR A LIFE OF LEADERSHIP AND SERVICE IN AN EVER-CHANGING GLOBAL COMMUNITY. 0 0 19745386 12591826 25239517 INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS. 522433 ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES. 7766518 STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES. 3565797 3565797 28034337 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 139 0 1 570 1 0 0 0 0 0 0 0 0 0 0 0 0 X 41 41 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X GAIL HARRIS 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 ALLEN CARTER EX-OFFICIO 1.00 X 0 0 0 THE HONORABLE JERRI S BRYANT BOARD MEMBER 1.00 X 0 0 0 BUTCH PECCOLO FINANCE CHAIR 2.00 X 0 0 0 REV VANT HARDAWAY SECRETARY 2.00 X 0 0 0 STEPHEN BYRUM ACADEMIC AFFAIRS CHAIR 2.00 X 0 0 0 CHRISTOPHER BLACK BOARD MEMBER 1.00 X 0 0 0 KEITH ALTSHULER FORT SANDERS REPRESENTATIV 2.00 X 0 0 0 PRICE FOSTER BOARD MEMBER 1.00 X 0 0 0 CARL COLLOMS MEMBER AT LARGE 2.00 X 0 0 0 MINTIE WILLSON BOARD MEMBER 1.00 X 0 0 0 STEPHEN BRUMIT BOARD MEMBER 1.00 X 0 0 0 H PAUL GAFFNEY BOARD MEMBER 1.00 X 0 0 0 JOHNNY W HOLDEN BOARD MEMBER 1.00 X 0 0 0 DENNIE HUMPHREYS BOARD MEMBER 1.00 X 0 0 0 DANNY HAYS BOARD MEMBER 1.00 X 0 0 0 WILLIAM KILBRIDE MEMBER AT LARGE 1.00 X 0 0 0 RICK LAY STUDENT RECRUITMENT, MARKE 2.00 X 0 0 0 LARRY MAULDIN BOARD MEMBER 1.00 X 0 0 0 LAURIE HARROD MCNULTY BOARD MEMBER 1.00 X 0 0 0 PATRICIA PURUSHOTHAM BOARD MEMBER 1.00 X 0 0 0 JEFFERY CUNNINGHAM BOARD MEMBER 1.00 X 0 0 0 HUGH WALKER NOMINATING COMMITTEE 2.00 X 0 0 0 JASON ROBERTSON BOARD MEMBER 1.00 X 0 0 0 MARK WHITE FACILITIES CHAIR 2.00 X 0 0 0 SHIRLEY WOODCOCK BOARD OF DIRECTOR 1.00 X 0 0 0 REGENIA MAYFIELD BOARD OF DIRECTOR 1.00 X 0 0 0 MARY TAYLOR RESIDENT BISHOP 1.00 X 0 0 0 LARRY WALLACE BOARD MEMBER 1.00 X 0 0 0 JIM WINER CHAIR 2.00 X 0 0 0 DEBI WELCH COVENANT HEALTH REP 1.00 X 0 0 0 ROBERT GOODFRIEND BOARD MEMBER 1.00 X 0 0 0 MARILYN MILLER BOARD MEMBER 1.00 X 0 0 0 STELLA ROBERTS BOARD MEMBER 1.00 X 0 0 0 KEN WEBB BOARD MEMBER 1.00 X 0 0 0 PATSY GING BOARD REPRESENTATIVE 1.00 X 0 0 0 CHRIS FAYNE BOARD REPRESENTATIVE 1.00 X 0 0 0 ERICA PEDEN ALUMNI REPRESENTATIVE 1.00 X 0 0 0 ALAN GUY BOARD MEMBER 1.00 X 0 0 0 REV HUGH ELI KILGORE BOARD MEMBER 1.00 X 0 0 0 CLAIRE TUCKER BOARD MEMBER 1.00 X 0 0 0 LEE STEWART BOARD MEMBER 1.00 X 0 0 0 HARLEY KNOWLES PRESIDENT 40.00 X 246882 0 17226 SCOTT MASHBURN VP FOR STUDENT LIFE 40.00 X 96258 0 10728 GAIL HARRIS VP FOR FINANCIAL AFFAIRS 40.00 X 105748 0 11181 GRANT WILLHITE VP FOR ACADEMIC AFFAIRS 40.00 X 116000 0 10952 ROBERT MULLANEY DIRECTOR OF OCCUPATIONAL THERAPY 40.00 X 117810 0 10685 682698 0 60772 4 0 1 0 ARAMARK CORP 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 1733406 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LA GRANGE GA 30241 MAINTENANCE 957828 M KENT SANDERSON FAMILY LTD PARTNERSHIP 9821 COGDILL RD KNOXVILLE TN 37932 PROPERTY RENTAL 240000 CDW GOVERNMENT INC 200 NORTH MILWAUKEE AVENUE VERNON HILLS IN 60061 DATA STORAGE 228364 CONTRACT FURNITURE ALLIANCE INC 7610 HAMILTON PARK DR SUITE 5 CHATTANOOGA TN 37421 FURNITURE 198801 16 3340438 1238701 4579139 TUITION 624310 25239517 25239517 FOOD SERVICE 722210 2010060 2010060 RESIDENCE HALL 721310 1091546 1091546 CAMPS AND CONFERENCES 900099 75530 75530 BOOKSTORE 451211 15771 15771 28432424 1304967 1304967 FORT SANDERS NURSING SUPPLEMENT 611600 333000 333000 39890 39890 372890 34689420 28805314 0 1304967 X 12591826 12591826 743470 743470 7676525 5932155 1555683 188687 237240 178757 55416 3067 768188 531260 213029 23899 730393 583720 131253 15420 744 34 710 65216 65216 220892 90 220802 364877 273837 84960 6080 842371 842371 1468440 1258563 209877 CONTRACTED SERVICES 2414756 2063370 345567 5819 UTILITIES 648915 588506 60409 MAINTENANCE AND REPAIRS 487220 439077 48143 STUDENT ASSISTANCE/CARE 474230 474230 3649247 2375476 1114474 159297 33384550 28034337 4947234 402979 1300 1300 1835271 1873565 2338164 1499313 591023 839456 71263 61942 2863 4076 114141 148944 44059241 18359677 26333688 25699564 12725620 12753012 44013333 42881172 1267606 823547 595272 663029 26649438 25357150 122033 219632 28634349 27063358 X -201373 524167 15580357 15293647 15378984 15817814 44013333 42881172 X 1304870 -868765 2725 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 12089465 114368 20073 12223906 11921389 71402 96674 12089465 11530058 116505 274826 11921389 11361793 51431 116834 11530058 11040007 230189 91599 11361795 0 0 1347191 1347191 29430221 9687116 19743105 2952993 1699257 1253736 8475533 5652015 2823518 1853303 1321289 532014 25699564 FEDERAL SHARE OF PERKINS LOAN PROGRAM -98258 AGENCY FUNDS 317890 219632 X 21228828 -868766 -868766 22097594 12591826 12591826 34689420 20792724 0 20792724 12591826 12591826 33384550 PART X, LINE 2: UNCERTAIN TAX POSITIONS THE UNIVERSITY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. BASED ON ITS EVALUATION, THE UNIVERSITY HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE UNIVERSITY'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020, FOR U.S. FEDERAL INCOME TAX. THESE ARE THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF THE YEAR ENDED JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART VI, LINE 1E OTHER ASSETS CONSIST OF VEHICLES, LIBRARY BOOKS, AND WORK IN PROGRESS. 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 DOES NOT DESCRIMINATE BASED ON ANY FORM IN ACCORDANCE WITH TITLE IX AS DESCRIBED IN ITS STUDENT HANDBOOK AND RESOLUTIONS PREVIOUSLY PASSED. SCHEDULE E, PART I, LINE 6 THE COLLEGE IS APPROVED TO PROVIDE STUDENT ASSISTANCE WITH THE FEDERAL TITLE 4 STUDENT FINANCIAL AID PROGRAMS. 1 FINANCIAL-AID SCHOLARSHIP 949 12591826 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 HARLEY KNOWLES PRESIDENT 246882 0 0 0 0 0 10664 0 6562 0 264108 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FEDERAL FORM 990 IS PRESENTED TO THE VICE PRESIDENT FOR FINANCIAL AFFAIRS WHO REVIEWS TO MAKE SURE NUMBERS ARE CORRECTLY REPORTED. VP FOR FINANCIAL AFFAIRS THEN PRESENTS 990 TO THE FINANCE COMMITTEE FOR REVIEW. THEY WILL THEN VOTE FOR APPROVAL. ONCE APPROVED THE 990 IS PRESENTED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW. FINAL APPROVAL IS MADE BY THE BOARD BEFORE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE ALSO UTILIZED IN ORDER TO PROVIDE COMPARATIVE DATA FOR REVIEW PRIOR TO APPROVAL. OFFICERS SALARIES ARE SUGGESTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO HIRE DATE. ONCE HIRED SALARIES ARE ADJUSTED BASED UPON PERFORMANCE AND RECOMMENDATIONS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE ONLY AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART IX, LINE 24E FACILITY FEES: PROGRAM SERVICE EXPENSES 436,978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 436,978. UNIFORMS AND OTHER SUPPLIES: PROGRAM SERVICE EXPENSES 266,073. MANAGEMENT AND GENERAL EXPENSES 71,362. FUNDRAISING EXPENSES 16,057. TOTAL EXPENSES 353,492. INSTITUTIONAL ASSESSMENT: PROGRAM SERVICE EXPENSES 243,490. MANAGEMENT AND GENERAL EXPENSES 31,147. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 274,637. DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 126,372. MANAGEMENT AND GENERAL EXPENSES 66,561. FUNDRAISING EXPENSES 80,851. TOTAL EXPENSES 273,784. STUDENT ACCT COLLECTION EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 215,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,288. OTHER GRANT EXPENDITURES: PROGRAM SERVICE EXPENSES 197,567. MANAGEMENT AND GENERAL EXPENSES 860. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 198,427. INSTITUTIONAL INSURANCE: PROGRAM SERVICE EXPENSES 160,600. MANAGEMENT AND GENERAL EXPENSES 27,047. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,647. CAMPUS SAFETY: PROGRAM SERVICE EXPENSES 119,339. MANAGEMENT AND GENERAL EXPENSES 33,370. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,709. EQUIPMENT: PROGRAM SERVICE EXPENSES 94,141. MANAGEMENT AND GENERAL EXPENSES 44,730. FUNDRAISING EXPENSES 635. TOTAL EXPENSES 139,506. STUDENT INSURANCE: PROGRAM SERVICE EXPENSES 102,886. MANAGEMENT AND GENERAL EXPENSES 34,295. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,181. COPYING AND PRINTING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 130,755. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,755. TELEPHONE EXPENSE: PROGRAM SERVICE EXPENSES 555. MANAGEMENT AND GENERAL EXPENSES 128,311. FUNDRAISING EXPENSES 1,066. TOTAL EXPENSES 129,932. NETWORKING EXPENSES: PROGRAM SERVICE EXPENSES 93,742. MANAGEMENT AND GENERAL EXPENSES 15,389. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,131. STUDENT ACTIVITY EXPENSE: PROGRAM SERVICE EXPENSES 81,165. MANAGEMENT AND GENERAL EXPENSES 26,898. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108,063. OTHER ATHLETIC EXPENSES: PROGRAM SERVICE EXPENSES 79,276. MANAGEMENT AND GENERAL EXPENSES 26,425. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 105,701. TUITION WAIVER: PROGRAM SERVICE EXPENSES 74,115. MANAGEMENT AND GENERAL EXPENSES 26,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,932. ATHLETIC TOURNAMENT EXPENSES: PROGRAM SERVICE EXPENSES 69,792. MANAGEMENT AND GENERAL EXPENSES 23,264. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,056. UPWARD BOUND: PROGRAM SERVICE EXPENSES 68,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,160. BANK/CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,449. FUNDRAISING EXPENSES 2,306. TOTAL EXPENSES 65,755. MEDICAL SUPPLIES: PROGRAM SERVICE EXPENSES 44,213. MANAGEMENT AND GENERAL EXPENSES 14,738. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,951. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 27,468. MANAGEMENT AND GENERAL EXPENSES 13,906. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,374. COST OF ACCRUED VACATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 41,032. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,032. OTHER MISC EXPENSES: PROGRAM SERVICE EXPENSES 24,615. MANAGEMENT AND GENERAL EXPENSES 13,131. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,746. POSTAGE: PROGRAM SERVICE EXPENSES 1,572. MANAGEMENT AND GENERAL EXPENSES 29,995. FUNDRAISING EXPENSES 4,860. TOTAL EXPENSES 36,427. FACULTY DEVELOPMENT: PROGRAM SERVICE EXPENSES 33,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,050. PUBLICATIONS-STUDENT LIFE: PROGRAM SERVICE EXPENSES 1,420. MANAGEMENT AND GENERAL EXPENSES 60. FUNDRAISING EXPENSES 25,771. TOTAL EXPENSES 27,251. COMMENCEMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,959. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,959. HOMECOMING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 18,360. TOTAL EXPENSES 18,360. RECRUITMENT EXPENSE: PROGRAM SERVICE EXPENSES 10,369. MANAGEMENT AND GENERAL EXPENSES 1,570. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,939. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 1,637. MANAGEMENT AND GENERAL EXPENSES 1,232. FUNDRAISING EXPENSES 8,922. TOTAL EXPENSES 11,791. FACULTY/STAFF MEALS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,034. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,034. LIBRARY EXPENSES: PROGRAM SERVICE EXPENSES 6,951. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,951. ATHLETIC TEAM MEALS: PROGRAM SERVICE EXPENSES 5,213. MANAGEMENT AND GENERAL EXPENSES 1,738. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,951. CHOIR EXPENSES: PROGRAM SERVICE EXPENSES 4,383. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,383. PHONATHON EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 469. TOTAL EXPENSES 469. PLANT SUPPLIES: PROGRAM SERVICE EXPENSES 334. MANAGEMENT AND GENERAL EXPENSES 111. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 445. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERKINS LOAN -6,060. CHANGE IN VALUE OF TRUSTS HELD BY THIRD PARTY 8,785. 990 PART XII PAGE 12 LINE 2D THE OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE FINANCIAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.