2019-10-21T16:46:29-05:00 2019-06-30 205630688 TANN BROWN & RUSS CO PLLC 1501 LAKELAND DRIVE SUITE 300 JACKSON MS 392164841 990 2018-07-01 640579585 WESLEY BIBLICAL SEMINARY WESL 6013668880 P O BOX 600 RIDGELAND MS 39158 DR JOHN OSWALT INTERIM PRESIDENT 6013668880 2019-10-10 true SCOTT A HODGES P00641691 6013544926 2019-10-11 50.246.141.133 2019-10-21 16:46:29 CD P AE22BD6BBC7985AE2A1784562E637DB1AE07F9F4 B95447A3C779E569EBE0937874479F7FA2483E51 2018 2020-01-14 16:20:31Z X DR JOHN OSWALT PO BOX 600 RIDGELAND MS 39158 3459152 false X WWW.WBS.EDU X 1975 MS GRADUATE LEVEL INSTRUCTION IN THEOLOGY FOR STUDENTS. 16 16 15 0 1228006 1737361 531857 723476 183166 87484 24310 501339 1967339 3049660 204333 328444 0 813622 770938 0 98668 463386 508279 1481341 1607661 485998 1441999 2724403 4225859 183121 194194 2541282 4031665 X GRADUATE LEVEL INSTRUCTION IN THEOLOGY FOR STUDENTS. false false 742139 328444 717523 GRADUATE LEVEL INSTRUCTION IN THEOLOGY IS PROVIDED FOR STUDENTS. 89236 STUDENT SERVICES CONSISTING OF ADMISSIONS, REGISTRAR ACTIVITIES, AND ACTIVITIES WHOSE PRIMARY PURPOSE IS TO CONTRIBUTE TO STUDENTS' WELL-BEING AND DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTIONAL PROGRAM. 18099 5953 AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER ESSENTIALLY SELF-SUPPORTING OPERATIONS THAT EXIST TO PROVIDE SERVICES TO STUDENTS, FACULTY OR STAFF, AND THAT CHARGE A FEE THAT IS RELATED TO THE COST OF THE SERVICE. AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER ESSENTIALLY SELF-SUPPORTING OPERATIONS THAT EXIST TO PROVIDE SERVICES TO STUDENTS, FACULTY OR STAFF, AND THAT CHARGE A FEE THAT IS RELATED TO THE COST OF THE SERVICE. 849474 true true false false false false false false false true true false false false true false true false true false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 27 0 true 15 true false false false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true true false false true true false MS X ROB POCAI 6013668880 1880 E COUNTY LINE ROAD RIDGELAND MS 39157 DR JOHN NEIHOF PRESIDENT (P 40.00 X X 71453 0 7674 DR JOHN OSWALT INTERIM PRES 40.00 0.00 X X 0 0 0 JAMES I HOWARD CHAIRMAN 1.00 X X 0 0 0 GARY BRIDEN VICE CHAIR 1.00 X X 0 0 0 TOMMY MCKNIGHT TREASURER 1.00 X X 0 0 0 SCOTT KING SECRETARY 1.00 X X 0 0 0 J DAVID CHANDLER JR BD OF TRUSTE 1.00 X 0 0 0 BUDDY SMITH BD OF TRUSTE 1.00 X 0 0 0 PHILIP SPEAS BD OF TRUSTE 1.00 X 0 0 0 DAVID KUDO BD OF TRUSTE 1.00 X 0 0 0 REGINA BOYLES BD OF TRUSTE 1.00 X 0 0 0 MORGAN STUART ROBERTS BD OF TRUSTE 1.00 X 0 0 0 TIM BARBER BD OF TRUSTE 1.00 X 0 0 0 SUSIE BRABEC BD OF TRUSTE 1.00 X 0 0 0 JAMES RENFROE BD OF TRUSTE 1.00 X 0 0 0 ROBERT STEVENSON BD OF TRUSTE 1.00 X 0 0 0 JOSEPH CAMPBELL BD OF TRUSTE 1.00 X 0 0 0 71453 7674 false false false 1737361 42537 1737361 TUITION AND FEES 611600 717523 717523 STUDENT HOUSING/AUXILIARY 611710 5953 5953 723476 29137 29137 15600 14261 1339 1339 1339 385936 67642 384731 10500 1205 57142 58347 58347 LIFE INSURANCE PROCEEDS 900099 500000 500000 500000 3049660 723476 588823 328444 328444 81052 81052 573752 357998 176813 38941 93152 44892 43377 4883 22982 12698 8903 1381 68 68 20625 20625 72169 31150 41019 2963 2963 37065 3892 12374 20799 29944 29944 118476 41207 75066 2203 33592 5188 14474 13930 13542 3027 2510 8005 8746 8746 38446 9046 24877 4523 28906 3618 24248 1040 BUILDING REPAIR/MAINT 41247 41247 LIBRARY MATERIALS 19865 19865 STAFF DEVELOPMENT 15848 15848 BANK FEES 8715 8715 18062 8314 9748 1607661 849474 659519 98668 60478 87807 1970449 1507637 191550 472854 31351 18545 45000 25963 9683 2248550 1134173 424410 1114377 966061 20202 3895 2724403 4225859 56299 53953 54000 70785 72822 69456 183121 194194 X 339183 1374147 790841 231424 1411258 2426094 2541282 4031665 2724403 4225859 X 1441999 48384 X false true X true false X 1459285 1014836 79334 -26380 2527075 3188134 28907 26862 -21450 -1763168 1459285 3115864 19513 54757 -2000 3188134 2943650 145004 53022 -25812 3115864 3131102 8676 30329 -164093 -62364 2943650 0.96000 0.04000 false false 21280 596169 617449 1070466 626105 444361 164438 111871 52567 396197 396197 1114377 ANNUITY OBLIGATIONS 69456 69456 2783861 48384 48384 2735477 314183 314183 3049660 1293478 14261 14261 1279217 328444 328444 1607661 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED PRIMARILY TO PROVIDE INCOME FOR USE AS STUDENT FINANCIAL AID, AN ENDOWED FACULTY CHAIR, AND A LECTURE SERIES. SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL PROPERTY EXPENSES -14,261 SCHOLARSHIPS APPLIED TO TUITION 328,444 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL PROPERTY EXPENSES 14,261 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS APPLIED TO TUITION 328,444 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 PUBLICIZED IN ITS ACADEMIC CATALOG, AT LEAST ANNUALLY IN A NEWSPAPER, AND THROUGH VARIOUS OTHER METHODS. SCHEDULE E, LINE 6 THE SEMINARY PARTICIPATES IN THE U.S. DEPARTMENT OF EDUCATION'S STAFFORD STUDENT LOAN PROGRAM. true STUDENT FINANCIAL AID 228 328444 FMV REDUCED TUITION SCHEDULE I, PAGE 1, PART I, LINE 2 STUDENT FINANCIAL AID IS AWARDED TO STUDENTS BASED ON ACADEMIC MERIT, FINANCIAL NEED, FACULTY STATUS, AND OTHER ESTABLISHED CRITERIA. X 2 42537 false false false FORM 990, PAGE 2, PART III, LINE 4D AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER ESSENTIALLY SELF-SUPPORTING OPERATIONS THAT EXIST TO PROVIDE SERVICES TO STUDENTS, FACULTY OR STAFF, AND THAT CHARGE A FEE THAT IS RELATED TO THE COST OF THE SERVICE. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION ANNUALLY AND CONSIDERS RELEVANT COMPARABILITY DATA AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT REVIEWS SALARY LEVELS ANNUALLY AND CONSIDERS RELEVANT COMPARABILITY DATA AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND OTHER INFORMATION ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL PROPERTY EXPENSES 14,261 SCHOLARSHIPS APPLIED TO TUITION -328,444 RENTAL PROPERTY EXPENSES -14,261 SCHOLARSHIPS APPLIED TO TUITION 328,444