2019-01-09T11:13:28-06:00 2018-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2017-07-01 386080947 GREAT LAKES CHRISTIAN COLLEGE GREA 5173210242 6211 WILLOW HIGHWAY LANSING MI 489171299 TIMOTHY WYNSMA DIRECTOR OF FINANCE & OPERATIONS 5173210242 2018-11-09 1 MARK L LOCKWITZ CPA P00948433 5173237500 216.163.63.50 2018-11-09 14:06:25 ES P 02BAE651DD6B3E7322F47248F0221C4A4B9EDDEC E48C13925EA8FA98FCB1E68033C89751E4DE1AC3 2017 2019-02-21 02:37:17Z TIMOTHY WYNSMA 6211 WILLOW HIGHWAY LANSING MI 489171299 3382813 0 X WWW.GLCC.EDU X 1972 MI TO PROVIDE BIBLE-ORIENTED SYSTEMATIC TRAINING, RESULTING IN A TWO OR FOUR YEAR DEGREE. X 15 15 128 17 0 0 1666240 1655821 1417014 1440545 38668 70658 67240 63530 3189162 3230554 64250 90810 0 0 1375281 1434968 0 0 160560 1624657 1624252 3064188 3150030 124974 80524 3507572 3779831 509911 729843 2997661 3049988 GREAT LAKES CHRISTIAN COLLEGE, AN INSTITUTION OF HIGHER EDUCATION AFFILIATED WITH CHRISTIAN CHURCHES/CHURCHES OF CHRIST, SEEKS TO GLORIFY GOD BY PREPARING STUDENTS TO BE SERVANT-LEADERS IN THE CHURCH AND WORLD. 0 0 1565357 90810 778940 EDUCATIONAL - INCLUDING TWO AND FOUR YEAR DEGREES. MAIN EMPHASIS ON BIBLICAL STUDIES. 2017-2018 FALL SEMESTER ENROLLMENT WAS APPROX. 161 STUDENTS. 2017-2018 SPRING SEMESTER ENROLLMENT WAS APPROX. 153 STUDENTS. 743673 661605 AUXILIARY SERVICES INCLUDING CAFETERIA, BOOKSTORE AND HOUSING FACILITIES. STUDENT HOUSING WAS PROVIDED FOR APPROXIMATELY 98 STUDENTS FOR THE 2017 FALL SEMESTER, AND APPROXIMATELY 98 STUDENTS FOR THE 2018 SPRING SEMESTER. 2309030 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 11 0 1 128 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X TIMOTHY WYNSMA 5173210242 6211 W WILLOW HIGHWAY LANSING MI 48917 BRANDON MOREY TRUSTEE 5.00 X 0 0 0 JOHN PIERCEFIELD TRUSTEE 5.00 X 0 0 0 SEHBAZ SABRI TRUSTEE 5.00 X 0 0 0 TRACY KJERGAARD TRUSTEE 5.00 X 0 0 0 KEITH TUTTLE TRUSTEE 5.00 X 0 0 0 JAMES PLATNER TRUSTEE 5.00 X 0 0 0 STEVEN MCFARLAND TRUSTEE 5.00 X 0 0 0 LARRY LONG TRUSTEE 5.00 X 0 0 0 JAMES HIGGS TRUSTEE 5.00 X 0 0 0 ANDY GERHART TRUSTEE 5.00 X 0 0 0 ERMIL ADAMSON TRUSTEE 5.00 X 0 0 0 RICK STACY VICE CHAIR 5.00 X X 0 0 0 WILLIAM GRAY CHAIR 5.00 X X 0 0 0 LEE BRACEY TREASURER 5.00 X X 0 0 0 BRIAN WOOD SECRETARY 5.00 X X 0 0 0 LAWRENCE L CARTER PRESIDENT 40.00 X 99083 0 3600 TIMOTHY WYNSMA VP FINANCE/OPERATIONS STARTED 9/1/17 40.00 X 34315 0 4546 133398 0 8146 0 0 0 0 CREATIVE DINING SERVICES ONE ROYAL DRIVE SUITE 3 ZEELAND MI 49464 FOOD SERVICE 140476 GORDON FOOD SERVICE PAYMENT PROCESSING CENTER DEPT CH 1 PALATINE IL 600550490 FOOD SERVICE 121893 2 684919 970902 1655821 AUXILLIARY SERVICES 900099 661605 661605 TUITION AND FEES 611600 651767 651767 MISCELLANEOUS 611600 127173 127173 1440545 56946 56946 53530 0 53530 53530 53530 165971 152259 13712 13712 13712 CELL TOWER INCOME 517000 10000 10000 10000 3230554 1440545 0 134188 90810 90810 159980 119439 34313 6228 1000706 759679 204859 36168 197840 101339 78492 18009 76442 47200 29037 205 38329 38329 4617 4617 59746 47502 12244 67410 44644 8425 14341 240732 104420 114864 21448 445251 326004 119247 83792 60176 20044 3572 53209 53209 3471 3471 65386 65386 41059 33992 7067 CAFETERIA 273936 273936 MISCELLANEOUS 127531 93025 6917 27589 BOOKSTORE 44437 44437 REGISTRATION & MEMBERSH 42182 7197 1985 33000 33164 33164 3150030 2309030 680440 160560 164647 236884 1178284 1445173 11144 99512 135144 38501 35250 1365739 649103 709428 716636 1117200 999600 200000 200000 3507572 3779831 5731 29357 370000 360000 219560 134180 120926 509911 729843 X 1845395 1481507 560524 536697 591742 1031784 2997661 3049988 3507572 3779831 80524 -28197 0 X 0 1 X 1 1 1 X 675152 443392 -1983 21319 1095242 618983 14299 63984 22114 675152 599995 47603 4415 33030 618983 532748 126215 -20761 38207 599995 514831 17917 532748 0.00000 0.94000 0.06000 0 0 339599 192996 146603 1026140 456107 570033 716636 LONG-TERM RECEIVABLE-CELL TOWER 200000 200000 STUDENT DEPOSITS 30505 ANNUITY LIABILITY 90421 120926 X 3111547 -28197 -28197 3139744 90810 90810 3230554 3059220 0 3059220 90810 90810 3150030 PART V, LINE 4: THE INTEREST & CONTRIBUTIONS FROM TEMPORARY RESTRICTED FUNDS IS USED FOR STUDENT SCHOLARSHIPS AND OPERATIONAL EXPENSES. PART X, LINE 2: IN PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECORDED AS A REDUCTION TO TUITION 90,810. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECORDED AS A REDUCTION TO TUITION 90,810. 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 COLLEGE'S POLICY IS INCLUDED IN ALL COURSE CATALOGS, THE EMPLOYEE HANDBOOK AND THE BOARD OF TRUSTEES HANDBOOK. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM GOVERNMENTAL AGENCIES AS LISTED ON STATEMENT SUPPORTING LINE 1. PELL GRANTS 421,533 SEOG GRANTS 21,522 CWS GRANTS 27,439 FEDERAL DIRECT LOANS 786,754 ----------- TOTAL 1,257,248 ----------- ----------- 1 SCHOLARSHIPS 58 90810 PART I, LINE 2: STUDENTS INTERESTED IN A SCHOLARSHIP MUST APPLY THROUGH A WRITTEN APPLICATION PROCESS. ALL APPLICATIONS ARE THEN REVIEWED BY A SCHOLARSHIP COMMITTEE THAT AWARDS SCHOLARSHIPS ACCORDING TO WHETHER OR NOT THE APPLICANT MEETS THE CRITERIA FOR THE SCHOLARSHIP (FOR EXAMPLE, IF THE ENDOWMENT SCHOLARSHIP SPECIFIES THAT RECIPIENTS MUST BE FROM INNER-CITY DETROIT, ONLY THOSE WHO ARE SO ARE CONSIDERED) AND THEN BASED ON NEED VERSUS AVAILABLE FUNDS. JUDITH CARTER JUDITH IS THE WIFE OF LAWERENCE CARTER, WHO IS AN OFFICER 34101 JUDITH WAS ISSUED FORM W-2 FOR WORK DONE AT GREAT LAKES CHRISTIAN COLLEGE. 0 MAJOR MOVABLE EQUIPMENT 2017-12-15 541611 BOOK VALUE 274214240 THE SOLOMON FOUNDATION 16965 PINE LANE SUITE 200 PARKER CO 80134 501(C)(3) CARPET MACHINE 2017-12-15 2293 BOOK VALUE 274214240 THE SOLOMON FOUNDATION 16965 PINE LANE SUITE 200 PARKER CO 80134 501(C)(3) OFFICE EQUIPMENT 2017-12-15 837343 BOOK VALUE 274214240 THE SOLOMON FOUNDATION 16965 PINE LANE SUITE 200 PARKER CO 80134 501(C)(3) COLLEGE VEHICLES 2017-12-15 129144 BOOK VALUE 274214240 THE SOLOMON FOUNDATION 16965 PINE LANE SUITE 200 PARKER CO 80134 501(C)(3) JD MOVER AND EQUIPMENT 2017-12-15 56342 BOOK VALUE 274214240 THE SOLOMON FOUNDATION 16965 PINE LANE SUITE 200 PARKER CO 80134 501(C)(3) 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PER THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT OF FINANCE AND OPERATIONS RECEIVES AND REVIEWS FORM 990. THE 990 CAN BE PROVIDED ELECTRONICALLY OR BY HARD COPY TO THE FINANCE COMMITTEE. MEMBERS OF THE FINANCE COMMITTEE HAVE THE OPPORTUNITY TO ADDRESS ANY CONCERNS OR ISSUES WITH THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C A TRUSTEE WHO PERCEIVES THAT A CONFLICT OF INTEREST MAY EXIST SHALL MAKE FULL DISCLOSURE THEREOF TO THE BOARD AND THE TRUSTEE HAVING THE CONFLICT OF INTEREST SHALL ABSTAIN FROM VOTING ON ANY MATTER RELATED THERETO. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS SET AND ANNUALLY REVIEWED BY THE BOARD OF TRUSTEES. THE SALARY OF OTHER OFFICERS IS ANNUALLY REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. WHEN SALARIES ARE REVISED, COMPARISONS TO THE SALARIES OF EMPLOYEES OF SIMILARLY SIZED COLLEGES ARE CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. THE 990 IS PUBLIC INFORMATION THROUGH THE MICHIGAN ATTORNEY GENERAL'S OFFICE.