2019-04-09T12:15:21-07:00 2018-05-31 990 2017-06-01 560529999 HIGH POINT UNIVERSITY HIGH 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 Deborah Butt VICE PRESIDENT - FINANCIAL AFFAIRS 3368419202 2019-04-09 192.154.47.121 2017 2019-02-21 02:37:17Z DEBORAH BUTT ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 301175452 0 X WWW.HIGHPOINT.EDU X 1928 NC THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 41 38 2569 100 87890 73976 36546081 37205988 224069566 235352752 4083015 2962384 890948 2611375 265589610 278132499 38945323 57015177 0 0 63208403 65660217 0 0 2408900 94714890 102097351 196868616 224772745 68720994 53359754 707774907 758066761 193853474 186511820 513921433 571554941 THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 0 0 167756044 37842874 214985889 HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 4400 UNDERGRADUATE STUDENTS THROUGH ITS HAYWORTH COLLEGE OF ARTS & SCIENCES, PHILLIPS SCHOOL OF BUSINESS, QUBEIN SCHOOL OF COMMUNICATIONS, AND SCHOOLS OF ART & DESIGN, EDUCATION AND HEALTH SCIENCES. 8881894 0 20366863 THE UNIVERSITY, THROUGH ITS NORCROSS GRADUATE SCHOOL, ALSO SERVES APPROXIMATELY 485 GRADUATE STUDENTS SEEKING DEGREES IN BUSINESS ADMINISTRATION, EDUCATION, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, STRATEGIC COMMUNICATION, HEALTH SCIENCES, PHYSICAL THERAPY AND PHARMACY. 0 0 0 176637938 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 1 6933 0 1 2569 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 41 38 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DEBORAH S BUTT 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 ELIZABETH ALDRIDGE BOARD SECRETARY 0.5 0 X 0 0 0 MICHAEL BROWN TRUSTEE 0.5 0 X 0 0 0 ROBERT BROWN VICE CHAIR OF BOARD/TRUSTEE 0.5 0 X 0 0 0 RICHARD P BUDD TRUSTEE 0.5 0 X 0 0 0 TERESA B CAINE TRUSTEE 0.5 0 X 0 0 0 THAYER COGGIN TRUSTEE 0.5 0 X 0 0 0 RICHARD D CALLICUTT II TRUSTEE 0.5 0 X 0 0 0 EARL E CONGDON TRUSTEE 0.5 0 X 0 0 0 CHRISTINE COTTRELL TRUSTEE 0.5 0 X 0 0 0 DAVID COUCH TRUSTEE 0.5 0 X 0 0 0 EDWARD COVINGTON TRUSTEE 0.5 0 X 0 0 0 FLOYD T CRAVEN TRUSTEE 0.5 0 X 0 0 0 ROBERT G CULP III CHAIR OF INVESTMENT COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 JOHN FINCH CHAIR OF THE BOARD, CHAIR OF FINANCE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 DAVID L FRANCIS TRUSTEE 0.5 0 X 0 0 0 SHIRLEY T FRYE CHAIR OF STUDENT LIFE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 THOMAS S HAGGAI TRUSTEE 0.5 0 X 0 0 0 DONALD W HAYNES TRUSTEE 0.5 0 X 0 0 0 DAVID R HAYWORTH TRUSTEE 0.5 0 X 0 0 0 CHRISTOPHER L HENSON TRUSTEE 0.5 0 X 0 0 0 THOMAS E INGRAM CHAIR, ACADEMIC AFFAIRS/TRUSTEE 0.5 0 X 0 0 0 RONALD L JONES TRUSTEE 0.5 0 X 0 0 0 GENE C KESTER TRUSTEE 0.5 0 X 0 0 0 WILLIAM V KESTER TRUSTEE 0.5 0 X 0 0 0 MIRIAM O KIMSEY TRUSTEE 0.5 0 X 0 0 0 PETER MAHLER TRUSTEE 0.5 0 X 0 0 0 KATHERINE K MAYNARD TRUSTEE 0.5 0 X 0 0 0 MEREDITH P MICHENER TRUSTEE 0.5 0 X 0 0 0 ADNAN M MJALLI TRUSTEE 0.5 0 X 0 0 0 KEVIN NORTON TRUSTEE 0.5 0 X 0 0 0 JEFF PATTERSON TRUSTEE 0.5 0 X 0 0 0 J ROBERT STOUT TRUSTEE 0.5 0 X 0 0 0 ROBERT E STROUPE TRUSTEE 0.5 0 X 0 0 0 RICHARD F VERT TRUSTEE 0.5 0 X 0 0 0 ANNE KERR WALKER TRUSTEE 0.5 0 X 0 0 0 J ALEXANDER WARD TRUSTEE 0.5 0 X 0 0 0 MARK A WEBB TRUSTEE 0.5 0 X 0 0 0 FRED E WILSON TRUSTEE 0.5 0 X 0 0 0 DOUGLAS WITCHER CHAIR OF ADVANCEMENT COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 W VANN YORK TRUSTEE 0.5 0 X 0 0 0 MOLLY MILLIS YOUNG TRUSTEE 0.5 0 X 0 0 0 NIDO QUBEIN PRESIDENT 60.00 0 X 1052611 0 478545 DENNIS CARROLL VICE PRESIDENT / PROVOST 50 0 X 294173 0 29025 JEFF ADAMS VICE PRESIDENT 40 0 X 111301 0 22023 ANDREW BILLS SENIOR VICE PRESIDENT 50 0 X 255346 0 36951 DEBI BUTT VICE PRESIDENT 60 0 X 153701 0 27367 ROGER CLODFELTER SENIOR VICE PRESIDENT 50 0 X 177989 0 14048 STEPHANIE CROFTON VICE PRESIDENT 50 0 X 119882 0 27727 CHRISTOPHER DUDLEY SENIOR VICE PRESIDENT 50 0 X 228509 0 43229 DAN HAUSER ATHLETIC DIRECTOR 50 0 X 114676 0 30343 STEVE POTTER VICE PRESIDENT 60 0 X 145158 0 19342 GAIL TUTTLE SENIOR VICE PRESIDENT 50 0 X 176701 0 22506 SCOTT CHERRY COACH 40 0 X 220921 0 29582 DANIEL ERB DEAN OF HEALTH SCIENCES / PROFESSOR 40 0 X 202891 0 40584 SCOTT HEMBY PHARMACY PROFESSOR 40 0 X 192416 0 24554 RONALD RAGAN DEAN OF PHARMACY 40 0 X 204940 0 36609 MARIANN TILLERY DEAN OF SCHOOL OF EDUCATION/PROFESSOR 40 0 X 167548 0 30350 DENNY G BOLTON FORMER EXECUTIVE VICE PRESIDENT 0 0 X 200000 0 0 DON SCARBOROUGH FORMER VICE PRESIDENT 40 0 X 61780 0 6540 JACOB MARTINSON FORMER PRESIDENT, HONORARY TRUSTEE 0 0 X 35339 0 0 4115882 0 919325 73 1 1 0 FRANK L BLUM CONSTRUCTION P O BOX 4153 WINSTON SALEM NC 27115 GENERAL CONTRACTOR 24213199 SAMET CORPORATION 309 GALLIMORE DAIRY ROAD SUITE 102 GREENSBORO NC 27409 GENERAL CONTRACTOR 16365090 ARAMARK SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICES 14534560 BUDD GROUP 195 BUDD BOULEVARD WINSTON SALEM NC 27103 MAINTENANCE SERVICES 7499368 SMITH & JENNINGS INC 1020 HEDGECOCK ROAD HIGH POINT NC 27262 GENERAL CONTRACTOR 2857643 66 0 0 0 0 1732874 35473114 346330 37205988 STUDENT TUITION AND FEES 611710 165132082 165132082 0 0 RESIDENCE HALL FEES 721310 40476505 40476505 0 0 CAFETERIA / MEALS 722210 28433969 28433969 0 0 INTERCOLLEGIATE ATHLETICS 611710 774349 774349 0 0 BOOKSTORE 611710 345035 345035 0 0 190812 190812 0 0 235352752 2009642 0 87890 1921752 0 0 0 0 0 0 0 0 138677 0 1249036 0 -1110359 0 -1110359 0 0 -1110359 22674948 0 21722206 0 952742 0 952742 0 0 952742 20905 0 71711 -50806 0 -50806 SUMMER CONFERENCES 611710 3772540 3772540 0 0 0 0 0 0 3772540 278132499 239125292 87890 1713329 19172303 19172303 37842874 37842874 0 0 0 0 3581156 153116 2863658 564382 0 0 0 0 50534937 43292073 6337708 905156 2934000 2934000 0 0 8610124 5798520 2613422 198182 0 0 0 0 0 0 0 0 270850 0 270850 0 143290 0 143290 0 0 0 0 0 0 0 242093 0 242093 0 20259009 15233209 5025800 0 1392942 90833 1302109 0 24404774 12773406 10890188 741180 0 0 0 0 0 0 0 0 11498390 8102994 3395396 0 2064240 1566759 497481 0 0 0 0 0 0 0 0 0 5392186 0 5392186 0 0 0 0 0 24879506 23983844 895662 0 1875129 0 1875129 0 INTERCOLLEGIATE PROGRAM 2775915 2775915 0 0 SPECIAL EVENTS 3269173 1460862 1808311 0 3629854 1457230 2172624 0 224772745 176637938 45725907 2408900 1473845 1060895 69877855 93798744 21118877 25663657 7599214 10040938 0 0 0 0 1751559 1698490 0 0 1498941 773642 772735197 221104503 535219625 551630694 32485265 37420826 23168526 23933632 1208099 1062197 0 0 12373101 10983046 707774907 758066761 29774779 29324813 0 0 9955050 11271681 147937107 140977254 263808 228177 0 0 4454447 3401539 0 0 1468283 1308356 193853474 186511820 X 418575518 458644675 52505179 64528111 42840736 48382155 513921433 571554941 707774907 758066761 X 53359754 1526597 0 0 0 2747157 X 0 1 X 1 1 1 X 10803250 33291966 31426550 36546081 37205988 149273835 0 0 0 0 0 0 0 0 0 0 0 0 10803250 33291966 31426550 36546081 37205988 149273835 31103045 118170790 4722999 3231297 3104293 2374655 2073343 15506587 53096 40074 67941 68085 74976 304172 -21756 -25654 -69619 -36584 -50806 -204419 164880175 1024287307 0.71671 0.67937 X Schedule A, Part II, Line 10 OTHER INCOME LISTED ON LINE 10 OF SCHEDULE A, PART II IS GAIN OR (LOSS) FROM FUNDRAISING EVENTS. 150000 1522284 0 0 X EDUCATION 0 0 1 X 56668533 5563978 3766459 0 2016752 221789 63760429 50211927 3379627 4838317 0 1574427 186911 56668533 49791008 3018943 -1094458 0 1327222 176344 50211927 48024447 1623640 2039699 0 1731746 165032 49791008 42681261 2076583 4429369 0 1001654 161112 48024447 0.0108 0.2304 0.7588 1 0 66729543 0 66729543 519107437 0 116374144 402733293 54291093 0 22696521 31594572 106878148 0 82033838 24844310 25728976 0 0 25728976 551630694 FEDERAL LOAN MONIES 1308356 1308356 X Schedule D, Part III, Line 4 THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. Schedule D, Part IV, Line 2b THE UNIVERSITY ALLOWS THE STUDENT GOVERNMENT ASSOCIATION AND PANTHER CLUB TO KEEP MONEY THAT THEY HAVE COLLECTED IN A UNIVERSITY CONTROLLED BANK ACCOUNT. Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE USED FOR THE PURPOSE STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. Schedule D, Part X, Line 2 IT IS THE UNIVERSITY'S POLICY TO EVALUATE ALL SIGNIFICANT TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2018 AND 2017. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31,2015; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION, AS WELL AS RELATED PENALTIES AND INTEREST, WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL BROADCASTS AND PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (ITALY) 271210 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (SPAIN) 174673 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (JAPAN) 131307 South America 0 2 Program Services STUDY ABROAD (ECUADOR) 87863 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (FRANCE) 79195 Middle East and North Africa 0 2 Program Services STUDY ABROAD (ISRAEL) 35249 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (MULTI) 399994 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (CHINA) 20907 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (DENMARK / GERMANY) 2500 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (ENGLAND) 2500 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (DENMARK / SWEDEN) 1200 Central America and the Caribbean 0 2 Program Services STUDY ABROAD (COSTA RICA) 1000 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (AUSTRALIA) 372 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (NEW ZEALAND) 62371 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (UK) 39532 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (ITALY) 357380 Central America and the Caribbean Investments 3519000 East Asia and the Pacific Investments 389000 0 32 5575253 0 0 0 1 1 0 GOLF TOURNAMENT 16308 4602 11706 0 2146 8000 1946 0 0 0 0 16308 4602 11706 0 2146 8000 1946 0 0 12092 -386 1 CITY OF HIGH POINT FIRE DEPARTMENT 434 S ELM ST HIGH POINT NC 27260 463182168 SO 20000 GENERAL SUPPORT OVER A FIVE YEAR PERIOD TO SUPPORT THE YOUTH PROGRAM. HIGH POINT COMMUNITY FOUNDATION PO BOX 5166 HIGH POINT NC 27262 561695787 PUBLIC CHARITY 10000000 GENERAL SUPPORT FOR THE HIGH POINT COMMUNITY. HORATIO ALGER ASSOCIATION 99 CANAL CENTER PLAZA ALEXANDRIA VA 22314 131669975 PUBLIC CHARITY 175000 GENERAL SUPPORT. UNITED WAY OF GREATER HIGH POINT INC 201 CHURCH AVENUE HIGH POINT NC 27262 560547486 PUBLIC CHARITY 51000 GENERAL SUPPORT FOR THE BOB BROWN SCHOLARSHIP AND FOR THE HIGH POINT COMMUNITY CARL CHAVIS YMCA PO BOX 6258 HIGH POINT NC 27262 463182168 PUBLIC CHARITY 25350 GENERAL SUPPORT TO BUILD A CHILDREN'S PARK AT THE CARL CHAVIS YMCA. PARK WILL BE NAMED THE HIGH POINT UNIVERSITY PARK. CITY OF HIGH POINT POLICE DEPARTMENT 1009 LEONARD AVENUE HIGH POINT NC 27260 566000231 MUNICIPAL CORP 20000 GENERAL SUPPORT OF YOUTH LEADERSHIP ACADEMY PROGRAM. YWCA OF HIGH POINT 112 GATEWOOD AVENUE HIGH POINT NC 27262 560579600 PUBLIC CHARITY 15000 GENERAL SUPPORT OVER A FIVE YEAR PERIOD TO BE UTILIZED IN THE EXPANSION OF THE YWCA'S FACILITIES. MINISTERS CONFERENCE OF HIGH POINT PO BOX 628 HIGH POINT NC 27261 563194545 PUBLIC CHARITY 10000 GENERAL SUPPORT. WEST END MINISTRIES 903 W ENGLISH RD HIGH POINT NC 27262 562273642 PUBLIC CHARITY 10000 GENERAL SUPPORT. HIGH POINT COMMUNITY AGAINST VIOLENCE 792 NORTH MAIN ST HIGH POINT NC 27262 200599204 PUBLIC CHARITY 10000 GENERAL SUPPORT. HIGH POINT CHAMBER FOUNDATION INC PO BOX 5025 HIGH POINT NC 27262 581321573 PUBLIC CHARITY 250000 GENERAL SUPPORT. ALAMANCE COMMUNITY FOUNDATION PO BOX 726 BURLINGTON NC 27216 823275373 PUBLIC CHARITY 100000 GENERAL SUPPORT. CITY OF HIGH POINT PO BOX 230 HIGH POINT NC 27261 566000231 MUNICIPAL CORP 94250 GENERAL SUPPORT TO PURCHASE A LOCOMATIVE FOR THE CITY PARK. BOBBY LABONTE FOUNDATION INC PO BOX 607 TRINITY NC 27370 200780439 PUBLIC CHARITY 25000 GENERAL SUPPORT. 14 0 ATHLETIC AID 249 5704393 0 FMV MERIT AID 2649 20668019 0 FMV NEED-BASED AND OTHER INSTITUTIONAL AWARDS 1284 5466739 0 FMV INSTITUTIONAL FUNDED FINANCIAL AID 428 1387016 0 FMV EXTERNAL FUNDED FINANCIAL AID 477 4616707 0 FMV Schedule I, Part I, Line 2 THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE VICE PRESIDENT OF FINANCIAL AFFAIRS. X X X X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 NIDO QUBEIN PRESIDENT 720686 0 1600 0 330325 0 461600 0 16945 0 1531156 0 0 0 ANDREW BILLS SENIOR VICE PRESIDENT 251515 0 1600 0 2231 0 20947 0 16004 0 292297 0 0 0 DEBI BUTT VICE PRESIDENT 151380 0 1600 0 721 0 9900 0 17468 0 181069 0 0 0 DENNIS CARROLL VICE PRESIDENT / PROVOST 285735 0 1600 0 6838 0 21300 0 7726 0 323199 0 0 0 ROGER CLODFELTER SENIOR VICE PRESIDENT 175600 0 1600 0 789 0 14048 0 0 0 192037 0 0 0 CHRISTOPHER DUDLEY SENIOR VICE PRESIDENT 225884 0 1600 0 1025 0 19429 0 23800 0 271738 0 0 0 STEVE POTTER VICE PRESIDENT 142921 0 1600 0 637 0 11616 0 7726 0 164500 0 0 0 GAIL TUTTLE SENIOR VICE PRESIDENT 173584 0 1600 0 1517 0 14122 0 8384 0 199207 0 0 0 DENNY G BOLTON FORMER EXECUTIVE VICE PRESIDENT 200000 0 0 0 0 0 0 0 0 0 200000 0 0 0 DON SCARBOROUGH FORMER VICE PRESIDENT 60326 0 800 0 654 0 3038 0 3503 0 68321 0 0 0 JACOB MARTINSON FORMER PRESIDENT, HONORARY TRUSTEE 15339 0 0 0 20000 0 0 0 0 0 35339 0 0 0 SCOTT CHERRY COACH 213127 0 1600 0 6194 0 9510 0 20073 0 250504 0 0 0 DANIEL ERB DEAN OF HEALTH SCIENCES / PROFESSOR 199528 0 2000 0 1363 0 17236 0 23348 0 243475 0 0 0 SCOTT HEMBY PHARMACY PROFESSOR 188950 0 2120 0 1346 0 15418 0 9136 0 216970 0 0 0 RONALD RAGAN DEAN OF PHARMACY 201777 0 1800 0 1363 0 17065 0 19544 0 241549 0 0 0 MARIANN TILLERY DEAN OF SCHOOL OF EDUCATION/PROFESSOR 164138 0 1700 0 1710 0 11989 0 18362 0 197899 0 0 0 Schedule J, Part I, Line 1a DR. NIDO QUBEIN, PRESIDENT, RECEIVES A HOUSING ALLOWANCE AND HAS SERVICES PROVIDED AT THE HOME, INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THE UNIVERSITY PROVIDES CHARTER TRAVEL FOR THE PRESIDENT'S TRAVEL NEEDS. THE UNIVERSITY PAYS COUNTRY CLUB DUES FOR THE PRESIDENT. ANY TAXABLE INCOME RESULTING FROM THE PROVISION OF THE ABOVE ITEMS ARE REPORTED AS TAXABLE INCOME ON DR. QUBEIN'S W-2. Schedule J, Part I, Line 3 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. Schedule J, Part I, Line 4 DR. NIDO QUBEIN, PRESIDENT, RECEIVED CONTRIBUTION TO HIS 457F PLAN IN THE AMOUNT OF $440,000. MR. DENNY BOLTON, FORMER EXECUTIVE VICE PRESIDENT, RECEIVED A SEVERANCE PAYMENT OF $200,000. A NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJB6 2011-07-07 20485000 CAPITAL SPENDING 0 0 0 B NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJY6 2012-07-11 62490000 SEE PART VI 0 0 0 C NC CAPITAL FACILITIES FINANCE AGENCY 561592154 000000000 2015-10-22 80630000 SEE PART VI 0 0 0 A 3710000 0 20515791 0 0 0 468614 0 0 20047176 0 0 2012 0 0 1 1 B 17920000 0 64937344 0 0 0 711927 0 0 64225417 0 0 2014 1 0 1 1 C 1000000 0 80630000 0 0 0 188145 0 0 80441855 0 0 2016 1 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 1 0 0 1 0 0 0 0 A 0 B 0 C 0 Schedule K, Part I, Column f-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY $7,500,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006 ISSUED 12/14/2006. $6,610,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $12,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $21,055,125 TO BE APPLIED TO PREPAYMENT OF BB&T 2010 TERM LOAN. $2,486,670.92 TO BE APPLIED TO BB&T REFUNDING LOAN. $923,434.29 TO BE APPLIED TO PREPAYMENT OF DOE LOAN. $1,295,671.89 TO BE APPLIED TO PREPAYMENT OF THE HIGH POINT BANK LOAN. $3,268,726.39 TO BE APPLIED TO THE PREPAYMENT OF THE WELLS FARGO LINE OF CREDIT. $9,017,274.34 FOR HEALTH SCIENCE, CENTER FOR EXCELLENCE, ATHLETIC PERFORMANCE CENTER AND ISSUANCE EXPENSE. Schedule K, Part I, Column f-10/22/2015 80,630,000 NC CAPITAL FACILITIES FINANCE AGENCY $19,950,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006, ISSUED 12/14/2006. $21,490,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $30,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $9,190,000 HEALTH SCIENCES FACILITIES AND ISSUANCE EXPENSE. Schedule K, Part II, Line 3-07/07/2011 20,485,000 NC CAPITAL FACILITIES FINANCE AGENCY $30,791 INTEREST EARNED ON BOND. Schedule K, Part II, Line 3-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY $68,514 INTEREST EARNED ON BOND. BOND ISSUED WITH AN ORIGINAL ISSUE PREMIUM OF $2,378,830. Schedule K, Part IV, Line 2c-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY HIGH POINT UNIVERSITY HIRED BINGHAM ARBITRAGE REBATE SERVICES, INC. TO COMPLETE ITS ARBITRAGE REBATE CALCULATION AS OF MAY 1, 2017, THE FIRST INSTALLMENT EVALUATION DATE. AFTER THEIR REVIEW, IT WAS DETERMINED THAT HIGH POINT UNIVERSITY DID NOT OWE AN ARBITRAGE REBATE PAYMENT TO THE IRS. BB&T NIDO QUBEIN, PRESIDENT, IS ON THE BOARD OF DIRECTORS OF BB&T. 10722176 HIGH POINT UNIVERSITY DOES BANKING AND HAS LINES OF CREDIT WITH BB&T. 0 BUDD GROUP THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD. 7221248 THE BUDD GROUP IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY. 0 CREATIVE SERVICES OWNERS OF CREATIVE SERVICES ARE THE CHILDREN OF NIDO QUBEIN, PRESIDENT. 1178077 CREATIVE SERVICES PROVIDES PUBLIC RELATIONS AND MARKETING MATERIALS FOR THE UNIVERSITY. THE COMPANY HAS DONE BUSINESS WITH THE UNIVERSITY SINCE 1994, 12 YEARS BEFORE CURRENT PRESIDENT TOOK OFFICE. 0 SOUTHEASTERN BUILDING SERVICES INC MIRIAM KIMSEY, TRUSTEE, IS THE VICE PRESIDENT OF SOUTHEASTERN BUILDING INC. 489259 THE COMPANY PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS. 0 VANN YORK AUTO GROUP W. VANN YORK, CHAIRMAN OF THE BOARD FOR VANN YORK AUTO GROUP, IS A TRUSTEE. 109403 THE UNIVERSITY PURCHASES AUTOMOBILES AND AUTO SERVICES FROM VANN YORK AUTO GROUP. 0 X 6 132500 FMV X 1 17500 FMV X 18 196330 FMV 0 0 1 1 Schedule M, Part I, Line 32b OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. Schedule M, Part I, Line 33 THE UNIVERSITY ONLY RECOGNIZES THROUGH REVENUE THOSE NON-CASH CONTRIBUTIONS EXTERNALLY VALUED IN EXCESS OF A SET AMOUNT PER UNIVERSITY POLICY. IF NON-CASH GIFTS ARE RECEIVED THAT ARE VALUED AT LESS THAN OUR PRE-DETERMINED POLICY AMOUNT, THE GIFT IS SUBSTANTIATED TO THE DONOR WITHOUT A VALUE AND IS NOT RECORDED IN REVENUE. Form 990, Part VI, Section A, Line 2 BOARD OF TRUSTEE MEMBERS GENE AND WILLIAM KESTER HAVE A FAMILY RELATIONSHIP. BOARD OF TRUSTEE MEMBERS JAMES MILLIS AND MOLLY YOUNG HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND IS REVIEWED BY THE AUDIT FIRM AND LEGAL COUNSEL. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT WITH COPIES MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, Line 12c EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AND REVIEWS THOROUGHLY AT LEAST ANNUALLY. Form 990, Part VI, Section B, Line 15 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS TO THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES THE LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 CHANGE IN INTEREST RATE SWAP - $2,747,157. 1924 HOLDINGS LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 900660924 RENTAL NC 138677 6817153 HIGH POINT UNIVERSITY LONGLEAF PINE REALTY LLC 101 NORTH TRYON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY OLYMPUS REALTY LLC 101 NORTH TYRON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY LILY PAD INVESTORS LLC P O BOX 1550 HIGH POINT NC 27261 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY THE UNIVERSITY REQUESTED AND RECEIVED APPROVAL TO FILE THE TAX RETURN ON EXTENSION USING FORM 8868.