2019-04-12T15:24:58-05:00 2018-05-31 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE SUITE 400 DALLAS TX 75225 990 2017-06-01 741193459 SCHREINER UNIVERSITY SCHR 8307927368 2100 MEMORIAL BLVD KERRVILLE TX 78028 BILL MUSE VICE PRESIDENT 8307927368 2019-04-11 1 CURTIS MAXFIELD P00445178 2143939300 71.131.70.48 2019-04-11 17:42:57 CD P 21B5010BE9AD4BBB5B3A835E8F1FF103F3BAAE96 5AB0508C917B9D793C9B3D17A0B80BA1E12A49C9 2017 2019-02-21 02:37:17Z BILL MUSE 2100 MEMORIAL BLVD KERRVILLE TX 78028 37591237 0 X WWW.SCHREINER.EDU X 1923 TX SCHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. 34 34 380 329 0 0 10633784 5487303 30301881 30962591 -883407 853348 -736680 -803517 39315578 36499725 2447277 3084545 0 0 17392110 17888077 0 0 1134387 13584396 14574807 33423783 35547429 5891795 952296 141747765 165514944 19597789 38931072 122149976 126583872 X AS A UNIVERSITY COMMITTED TO THE LIBERAL ARTS AS FUNDAMENTAL TO EDUCATION AND COMMITTED TO ITS AFFILIATION WITH THE PRESBYTERIAN CHURCH (USA), SCHREINER IS DEDICATED TO EXCELLENCE IN PREPARING STUDENTS TO LIVE PURPOSEFUL, HUMANE AND PRODUCTIVE LIVES IN THEIR WORK, FAITH GROUPS, FAMILIES AND COMMUNITIES. SCHREINER IS DEDICATED PRIMARILY TO EDUCATE UNDERGRADUATE STUDENTS IN THE LIBERAL ARTS, SCIENCES, AND PROFESSIONAL DISCIPLINES, PREPARING THEM FOR ENTRY INTO SPECIFIC CAREERS AND GRADUATE OR PROFESSIONAL PROGRAMS. THE UNIVERSITY ALSO FULFILLS ITS MISSION THORUGH SELECTED GRADUATE, CERTIFICATE, AND OTHER PROFESSIONAL DEVELOPMENT PROGRAMS. SCHREINER UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS TO AWARD MASTERS, BACCALAUREATE AND ASSOCIATE DEGREES. THE UNIVERSITY ALSO HOLDS ACCREDITATION BY THE TEXAS BOARD OF VOCATIONAL NURSE EXAMINERS AND IS APPROVED BY THE STATE BOARD OF EDUCATOR CERTIFICATION (SEBC) FOR TEACHER CERTIFICATION. 0 0 13613982 19409181 INSTRUCTIONAL, STUDENT SERVICES, AND ACADEMIC SUPPORT: SCHREINER UNIVERSITY OFFERS UNDERGRADUATE DEGREES IN LIBERAL ARTS, SCIENCES AND MATHEMATICS, AND PROFESSIONAL STUDIES. THE UNIVERSITY ALSO HAS GRADUATE PROGRAMS FOR A MASTER OF EDUCATION DEGREE AND A MASTER OF BUSINESS ADMINISTRATION. 3084545 3084545 SCHREINER PROVIDED 1,310 STUDENTS WITH SCHOLARSHIPS AND GRANTS TO ASSIST WITH EARNING A DEGREE AT THE UNIVERSITY. 3308174 THE UNIVERSITY PROVIDES HOUSING TO STUDENTS AND INSTITUTIONAL SUPPORT TO THE EDUCATIONAL DEPARTMENTS ON CAMPUS. 20006701 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 380 1 0 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X HELEN WILHELM 8307927364 2100 MEMORIAL BLVD KERRVILLE TX 78028 CHARLIE MCCORMICK PRESIDENT 40.00 X X 243407 0 32093 CHARLES T SUMMERLIN CHANCELLOR 40.00 X X 186337 0 12013 ALBERT MUSE VP ADMIN & FINANCE 40.00 X X 151915 0 20648 MARK TUSCHAK VP ADVANCEMENT 40.00 X X 145274 0 26318 JOSE LAURO CANTU VP ENROLLMENT 40.00 X X 125693 0 13307 DIANA COMUZZIE PROVOST/VP ACADEMIC AFFAIRS 40.00 X X 124804 0 18235 CANDICE C SCOTT DEAN STUDENT SUCCESS 40.00 X X 101994 0 17489 JOHN BRANTLEY TRUSTEE 1.00 X 0 0 0 J B BUBBA COSKEY TRUSTEE 1.00 X 0 0 0 RICK CREE TRUSTEE 1.00 X 0 0 0 SUE CUMMINGS TRUSTEE 1.00 X 0 0 0 PAGE FOSHEE TRUSTEE 1.00 X 0 0 0 DAN HART TRUSTEE 1.00 X 0 0 0 T WEIR LABATT TRUSTEE/BOARD CHAIR 1.00 X 0 0 0 MICHAEL PATE TRUSTEE 1.00 X 0 0 0 KARL RANSLEBEN TRUSTEE 1.00 X 0 0 0 RON TEFTELLER TRUSTEE/SECRETARY 1.00 X 0 0 0 JACK TOMPKINS TRUSTEE 1.00 X 0 0 0 BILL WILSON TRUSTEE 1.00 X 0 0 0 CECIL ATKISSION TRUSTEE 1.00 X 0 0 0 BUD BENNING TRUSTEE 1.00 X 0 0 0 KENNETH BETHUNE TRUSTEE 1.00 X 0 0 0 DR CARLOS CAMPOS TRUSTEE 1.00 X 0 0 0 GERRY GRIFFIN TRUSTEE 1.00 X 0 0 0 REV DR ROB LOHMEYER TRUSTEE 1.00 X 0 0 0 GRANGER MACDONALD TRUSTEE 1.00 X 0 0 0 DR CAROL MCDONALD TRUSTEE 1.00 X 0 0 0 JANE RAGSDALE TRUSTEE 1.00 X 0 0 0 DR WILLIAM REID TRUSTEE 1.00 X 0 0 0 ROSS ROMMEL TRUSTEE 1.00 X 0 0 0 DAN OSTOS TRUSTEE 1.00 X 0 0 0 OTTO SCHWETHELM TRUSTEE 1.00 X 0 0 0 NICHOLAS SERAFY TRUSTEE 1.00 X 0 0 0 JIM ALSUP TRUSTEE 1.00 X 0 0 0 TOM BALDWIN TRUSTEE 1.00 X 0 0 0 WILLIAM BECKWORTH TRUSTEE 1.00 X 0 0 0 DR JO BERAN TRUSTEE 1.00 X 0 0 0 BEN DAVIS TRUSTEE 1.00 X 0 0 0 REV DR DAVID EVANS TRUSTEE 1.00 X 0 0 0 BECKY FERGUSON TRUSTEE 1.00 X 0 0 0 WARREN FERGUSON TRUSTEE 1.00 X 0 0 0 DEREK HANSEN TRUSTEE 1.00 X 0 0 0 JANET MCKINNEY TRUSTEE/VICE CHAIR 1.00 X 0 0 0 LEA NYE TRUSTEE 1.00 X 0 0 0 TOM PAPPAS TRUSTEE 1.00 X 0 0 0 ROBERT PARKER TRUSTEE 1.00 X 0 0 0 REV DEAN POGUE TRUSTEE 1.00 X 0 0 0 JILL RENO TRUSTEE 1.00 X 0 0 0 BOBBY RIOS TRUSTEE 1.00 X 0 0 0 CAROL SWANSON TRUSTEE 1.00 X 0 0 0 DAVE WEEKLEY TRUSTEE 1.00 X 0 0 0 1079424 0 140103 7 0 1 0 HUSER CONSTRUCTION 410 COTTON GIN LN KERRVILLE TX 78028 CONSTRUCTION 8124316 PETER LEWIS ARCHITECT AND ASSOCIATES PL 334 W WATER ST KERRVILLE TX 78028 ARCHITECTURE 698621 APOGEE PO BOX 95541 GRAPEVINE TX 76099 TECHNOLOGY SERVICES 346816 HILL COUNTRY CONCRETE AND MASONRY SUPPLY PO BOX 291090 KERRVILLE TX 78029 CONSTRUCTION 134705 TRACIE ROSE PO BOX 290134 KERRVILLE TX 78028 CLEANING SERVICE FOR DORMITORIES 102563 5 5487303 142713 5487303 TUITION AND FEES 611600 20224719 20224719 HOUSING AND MEALS 611710 7495511 7495511 ENDOWMENT INCOME-CURRENT OPERATIO 611710 2425914 2425914 OTHER INCOME 611710 807370 807370 MUSEUM & PRINT SHOP 611710 9077 9077 30962591 67378 67378 12021 0 12021 12021 12021 762133 28246 0 4409 762133 23837 785970 785970 271565 1087103 -815538 -815538 36499725 19409181 0 11603241 3084545 3084545 1074992 432300 460661 182031 12953239 9538705 2837242 577292 559223 356937 184080 18206 2360531 1434722 821007 104802 940092 669177 220401 50514 24756 24756 72700 72700 241548 5051 229164 7333 2527980 1286006 1221357 20617 1388229 2354 1385875 569777 513915 46715 9147 108357 44517 18936 44904 758113 758113 3521391 3521391 428739 40879 387860 MISCELLANEOUS 1337878 1337577 0 301 SOFTWARE MAINTENANCE 1049244 126128 895959 27157 CONTRACT LABOR 798620 680247 118373 FOOD SERVICE 542218 10979 531239 1205257 442662 670512 92083 35547429 20006701 14406341 1134387 5065285 14424507 1588893 1514403 1022420 2216248 739581 645502 124883748 50443133 64271684 74440615 64044523 66818753 5015379 5454916 141747765 165514944 2299280 3370672 2187265 2027685 14484000 9554575 374997 23715671 252247 262469 19597789 38931072 X 63115125 63995373 14167186 16341267 44867665 46247232 122149976 126583872 141747765 165514944 X 952296 3496923 -15323 X X 0 1 X 1 1 1 X 74184518 1475334 6329788 6116837 4304421 71568382 64823267 5559035 6511967 -2499071 5208822 74184518 63446714 1141645 -2220115 -2455023 64823267 62040263 527053 3810700 2931302 63446714 57722209 656061 6213160 2551167 62040263 0.17690 0.64620 0.17690 0 0 1093508 1093508 66979445 50443133 16536312 36064701 36064701 20746094 20746094 74440615 ASSET RETIREMENT OBLIGATION 262469 262469 X 37999206 3496923 -3084545 412378 37586828 -1087103 -1087103 36499725 33565310 1102426 1102426 32462884 3084545 3084545 35547429 PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAD NO SOURCES OF UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX. IN ADDITION, THE IRS HAS DETERMINED THAT THE UNIVERSITY IS NOT A PRIVATE FOUNDATION. HOWEVER, THE UNIVERSITY MAY BE SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME THAT IS DERIVED FROM ACTIVITIES NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE UNIVERSITY HAS ELECTED TO RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF THEY OCCUR, AS A COMPONENT OF INCOME TAX EXPENSE. MANAGEMENT BELIEVES THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF MAY 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION -3,084,545. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION -1,087,103. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFICATION 1,087,103. ASSET RETIREMENT OBLIGATION 15,323. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS RECLASSIFICATION 3,084,545. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 SCHOLARSHIPS TO STUDENTS 1310 3084545 PART I, LINE 2 THE UNIVERSITY PROVIDES SCHOLARSHIP, GRANT, LOAN, AND WORK STUDY OPPORTUNITIES TO QUALIFIED STUDENTS. THESE FUNDS ARE OFFERED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. EACH PROGRAM HAS DIFFERENT CRITERIA AND EACH CASE IS CONSIDERED SEPARATELY. THERE IS A WRITTEN POLICY AND GUIDELINES TO ASSIST STUDENTS AS THEY SEEK THE APPROPRIATE FINANCIAL AID PACKAGE. RECORDS ARE MAINTAINED FOR THE GRANTED AWARDED. X 0 0 0 0 0 0 0 0 0 CHARLIE MCCORMICK PRESIDENT 243407 0 0 0 0 0 15000 0 17093 0 275500 0 0 0 CHARLES T SUMMERLIN CHANCELLOR 186337 0 0 0 0 0 7634 0 4379 0 198350 0 0 0 ALBERT MUSE VP ADMIN & FINANCE 151915 0 0 0 0 0 9403 0 11245 0 172563 0 0 0 MARK TUSCHAK VP ADVANCEMENT 145274 0 0 0 0 0 9303 0 17015 0 171592 0 0 0 A THE CITY OF TERELL HILLS 521830729 2010-11-04 15660000 REFUNDING BONDS 0 0 0 B THE CITY OF HONDO 463435250 2013-08-20 2500000 CAPITAL EXPENDITURES 0 0 0 C THE CITY OF SHAVANO PARK 741294692 2016-09-30 2000000 CAPITAL EXPENDITURES 0 0 0 D THE CITY OF MARION 611855516 2018-03-19 10000000 CAPITAL EXPENDITURES 0 0 0 A 15660000 227732 4384499 1 0 1 1 B 2500000 50000 2450000 0 0 1 1 C 2000000 40000 1960000 0 0 1 1 D 10000000 200000 1633972 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 X 3 7095 FAIR MARKET VALUE X 13001 FAIR MARKET VALUE X 4 80556 FAIR MARKET VALUE X MISCELLANEOUS SURPLUS 9 39522 FAIR MARKET VALUE X SCIENCE EQUIPMENT 2 1549 FAIR MARKET VALUE X SOUND EQUIPMENT 1 700 FAIR MARKET VALUE X MATERIALS FOR SPECIAL EVENTS 4 291 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE CPA FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE FORM AND ALL SUPPORTING SCHEDULES ARE REVIEWED BY THE CONTROLLER AND OTHER OFFICERS OF THE UNIVERSITY. THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE FINANCE COMMITTEE VIA EMAIL. ONCE APPROVED THE RETURN IS FILED ELECTRONICALLY PER IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES, VOLUNTEERS AND BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST DISCLOSURE FORM EVERY YEAR. NEW VENDORS ARE ADDED AFTER THE REQUESTING EMPLOYEE HAS AFFIRMED THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE BYLAWS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE IN THE FINANCIAL SERVICES OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: ASSET RETIREMENT OBLIGATION -15,323. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.