2018-12-04T10:56:08-06:00 2018-06-30 205857627 TMH P O DRAWER 15099 HATTIESBURG MS 394045099 990 2017-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 GRANT GUTHRIE VP BUSINESS & CFO 6013186193 2018-12-04 1 SUSAN A RILEY CPA P00144776 6012643519 2018-12-03 75.145.215.61 2018-12-04 10:55:05 CS P 24B8BD4C6205CD12F846C9282BB6A0C8ACEC5417 3BF7930E72807F2DA03628273B684E524F7ADC9C 2017 2019-02-21 02:37:17Z DR RAYMOND T KING 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 69935840 0 X WMCAREY.EDU X 1892 MS AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS, WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 24 24 1213 40 119446 100236 9357998 6968929 44117120 59088534 672454 2076544 5253428 899546 59401000 69033553 9719241 9441937 0 0 30561915 33633037 0 0 379230 18121309 21521260 58402465 64596234 998535 4437319 190208407 234163500 34176593 45079359 156031814 189084141 X AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS, WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 0 0 31722852 55566192 ACADEMIC PROGRAMSTHE UNIVERSITY MAINTAINS AN UNDERGRADUATE PROGRAM AND A GRADUATE PROGRAM AT THREE CAMPUSES. ENROLLMENT HAS GROWN TO OVER 4,500 STUDENTS. THE UNIVERSITY HAS A COMPREHENSIVE EDUCATION PROGRAM WHICH ENCOURAGES EACH STUDENT TO DEVELOP THE HIGHEST POTENTIAL POSSIBLE IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION. 9441937 9441937 STUDENT AIDDIRECT AID TO STUDENTS PRIMARILY FROM INSTITUTIONAL FUNDS 4318287 3402896 AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS.AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF UNITY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY ENCOURAGES THE EXERCISE OF STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED. 194825 EXPENSES FOR OTHER PROGRAM SERVICES INCLUDE ACADEMIC SUPPORT, STUDENT SERVICES AND OTHER EXPENSES. 194825 45677901 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 328 0 1213 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR FL IA LA MS NC OH SC TN VA WV WI X X X GRANT GUTHRIE VP BUS AFF CFO 6013186193 498 TUSCAN AVEBOX 2 HATTIESBURG MS 39401 REVEREND BEN CARLISLE TRUSTEE 1.00 X 0 0 0 DR HUGH DICKENS TRUSTEE 1.00 X 0 0 0 DR JOSEPH D FAIL TRUSTEE 1.00 X 0 0 0 DR WILLIAM K RAY TRUSTEE 1.00 X 0 0 0 MR TED CANNON TRUSTEE 1.00 X 0 0 0 MR GLENN GALEY TRUSTEE 1.00 X 0 0 0 DR JERRY RANKIN TRUSTEE 1.00 X 0 0 0 REVEREND ROSSIE FRANCIS TRUSTEE 1.00 X 0 0 0 DR GARY GORDAN TRUSTEE 1.00 X 0 0 0 MR JACK SIMMONS VICE CHAIRMAN, BOD 1.00 X X 0 0 0 HON CHARLES PICKERING SR TRUSTEE 1.00 X 0 0 0 MR LEWIS MYRICK SR TRUSTEE 1.00 X 0 0 0 DR BRETT VALENTINE CHAIRMAN, BOD 1.00 X X 0 0 0 MRS ANN WILLIAMS TRUSTEE 1.00 X 0 0 0 MRS LORI EDNEY TRUSTEE 1.00 X 0 0 0 MR PHIL HANBERRY TRUSTEE 1.00 X 0 0 0 MRS PHYLLIS MCGREGOR TRUSTEE 1.00 X 0 0 0 MR ALAN SUDDUTH TRUSTEE 1.00 X 0 0 0 MACK GRUBBS TRUSTEE 1.00 X 0 0 0 DR DAVID MILLICAN TRUSTEE 1.00 X 0 0 0 DR ALLISON MOFFETT TRUSTEE 1.00 X 0 0 0 DR JIMMY STEWART TRUSTEE 1.00 X 0 0 0 ROBERT SULLIVAN TRUSTEE 1.00 X 0 0 0 DAN HULL TRUSTEE 1.00 X 0 0 0 ASHLEY GRANT GUTHRIE VP BUSINESS AFF & CFO 40.00 X 115810 0 19992 DR RAYMOND T KING PRESIDENT & CEO 40.00 X 292831 0 21787 DR SCOTT HUMMELL EXECUTIVE VP & PROVOST 40.00 X 146389 0 14478 DR GARRY BRELAND VP ACAD. AFF. & PROFESSOR 40.00 X 116563 0 14118 JAMES M TURNER PROFESSOR OF SCI./DEAN OF 40.00 X 312199 0 16627 JANET WILLIAMS ASSC VICE PRESIDENT 40.00 X 161236 0 21673 ITALO SUBBARAO ASSOC. PROFESSOR OF CLINIC 40.00 X 255043 0 14395 RICHARD G SLOAN HIGHLY COMPENSATED EMPLOYE 40.00 X 229718 0 13070 DENNIS C RAU HIGHLY COMPENSATED EMPLOYE 40.00 X 208218 0 12710 RANCE MCCLAIN ASSC DEAN CLINICAL SCIENCE 40.00 X 217997 0 13255 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 40.00 X 221199 0 13379 2277203 0 175484 42 0 1 0 HANCO CORPORATION PO BOX 17678 HATTIESBURG MS 39404 CONSTRUCTION COMPANY 9218752 MAC'S CONSTRUCTION COMPANY INC 6555 HWY 98W STE 13 HATTIESBURG MS 39402 CONSTRUCTION COMPANY 2593258 VISION INTEGRATION 28740 US HWY 98 STE 9 DAPHNE AL 36526 AUDIO VISUAL CONTRACTOR 1805640 LANDRY & LEWIS ARCHITECTS 5211 OLD HWY 11 HATTIESBURG MS 39402 ARCHITECT 1468663 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1171386 20 83914 707654 6177361 30945 6968929 EDUCATION & GENERAL REVENUE 611600 55566192 55566192 AUXILIARY INCOME 611600 3402896 3402896 ADVERTISING 611600 119446 119446 59088534 687929 687929 9966 9966 2226304 5727 843416 0 1382888 5727 1388615 1388615 51027 83914 58871 -7844 -7844 OTHER REVENUES 900099 897424 897424 897424 69033553 61953022 119446 -7844 9441937 9441937 1252688 556703 695985 26666250 23310635 3112998 242617 1277601 1021489 248944 7168 2568756 1926249 614556 27951 1867742 1600008 250254 17480 273699 141320 125002 7377 147616 97261 48809 1546 692894 656428 32185 4281 1022474 1022474 6297055 6297055 891470 370735 520735 OTHER 12160212 6555136 5534266 70810 UBI TAX 35840 35840 64596234 45677901 18539103 379230 26909899 10687972 19993844 5048055 11860964 20663052 86330 7720 154222 207965280 38300408 117357885 169664872 18140574 18930935 2081222 2784361 190208407 234163500 4271587 5151295 465703 29243056 39298197 661950 164164 34176593 45079359 X 131636235 161295323 5867644 8500689 18527935 19288129 156031814 189084141 190208407 234163500 X 4437319 -958635 29573643 X X 0 1 X 1 1 1 X 1 X 1 0 40.00 1600 1244352 X X X 0 18527935 580633 435487 255926 19288129 16857250 1257071 556100 142489 18527935 15633165 995794 495132 266841 16857250 14341325 1005268 303031 16459 15633165 10825974 2756685 1150467 391801 14341325 1.00000 1 0 11448289 11448289 151680901 17693642 133987259 159192 159192 0 23039804 15745291 7294513 21637094 4702283 16934811 169664872 STUDENT DEPOSITS AND REFUNDS 164164 164164 87434748 -958635 29632514 28673879 58760869 10272684 10272684 69033553 54382421 58871 58871 54323550 10272684 10272684 64596234 PART II, LINE 9: NATURE RESERVE REPORTED AS "LAND" ON THE BALANCE SHEET. PART III, LINE 4: THE COLLECTION CONSISTS OF ART FROM THE LUCILLE PARKER COLLECTION AND THE SARAH GILLESPIE MUSEUM; RARE BOOKS, ARTIFACTS, ART, MANUSCRIPTS IN THE CENTER FOR THE STUDY OF THE LIFE AND WORK OF WILLIAM CAREY; AND RARE BOOKS, ARTIFACTS, FURNITURE, ART, AND MANUSCRIPTS FROM THE DICKINSON COLLECTION. THE ABOVE COLLECTIONS FURTHER WILLIAM CAREY UNIVERSITY'S MISSION AS AN EXEMPT ORGANIZATION BY PROVIDING RESOURCES FOR SCHOLARLY RESEARCH, PRESERVING ART FOR APPRECIATION AND STUDY IN AN EDUCATIONAL CONTEXT, AND GATHERING MATERIALS TOGETHER IN ORDER TO MAKE THEM AVAILABLE TO A BROADER COMMUNITY. PART V, LINE 4: ENDOWMENT IS PRIMARILY USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAM ACTIVITIES, PROFESSORIAL CHAIRS, AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DISPOSED PROPERTY- $29,573,643 FUNDRAISING REPORTED NET IN PART VII- $58,871 PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID REPORTED NET OF TUITION REVENUES $10,272,684 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING REPORTED NET IN PART VII- $58,871 PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID REPORTED NET OF TUITION REVENUES- $10,272,684 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 PUBLICIZES ITS NONDISCRIMINATORY POLICY TOWARD STUDENTS AT THE BEGINNING OF EACH SCHOOL YEAR. THIS ADVERTISEMENT IS PUBLISHED IN THE LARGEST NEWSPAPERS AT ALL THREE CAMPUS LOCATIONS. THE POLICY IS ALSO DISPLAYED ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 SCHEDULE E, PAGE 1, #6A NATIONAL DIRECT STUDENT LOAN PELL GRANTS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT COLLEGE WORK STUDY GOLF TOURNAMENT 47195 9065 38130 198 20835 525 2599 SCHOLARSHIP DINNER 72925 65790 7135 26761 1 14821 9059 5762 7952 134941 83914 51027 198 20835 525 37312 58870 -7843 1 SCHOLARSHIPS FOR STUDENTS 6686 9441937 PART I, LINE 2: ALL SCHOLARSHIPS AND GRANTS ARE ADMINISTERED WITHIN THE GUIDELINES OF THE DEPARTMENT OF EDUCATION. WILLIAM CAREY UNIVERSITY'S FINANCIAL AID AND BUSINESS DEPARTMENTS MONITOR THE PROGRAMS TO ASSURE THAT THEY FOLLOW FEDERAL GUIDELINES. THE INDEPENDENT AUDITORS PERFORM AN AUDIT ON ALL FEDERAL PROGRAMS ANNUALLY. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR RAYMOND T KING PRESIDENT & CEO 289782 0 0 0 3049 0 15000 0 6787 0 314618 0 0 0 DR SCOTT HUMMELL EXECUTIVE VP & PROVOST 140243 0 0 0 6146 0 7800 0 6678 0 160867 0 0 0 JAMES M TURNER PROFESSOR OF SCI./DEAN OF 312080 0 0 0 119 0 9788 0 6839 0 328826 0 0 0 JANET WILLIAMS ASSC VICE PRESIDENT 159580 0 0 0 1656 0 15000 0 6673 0 182909 0 0 0 ITALO SUBBARAO ASSOC. PROFESSOR OF CLINIC 255025 0 0 0 18 0 7556 0 6839 0 269438 0 0 0 RICHARD G SLOAN HIGHLY COMPENSATED EMPLOYE 229700 0 0 0 18 0 6225 0 6845 0 242788 0 0 0 DENNIS C RAU HIGHLY COMPENSATED EMPLOYE 208200 0 0 0 18 0 5880 0 6830 0 220928 0 0 0 RANCE MCCLAIN ASSC DEAN CLINICAL SCIENCE 217955 0 0 0 42 0 6416 0 6839 0 231252 0 0 0 MICHAEL MALLOY DEAN OF PHARMACY SCHOOL 221080 0 0 0 119 0 6540 0 6839 0 234578 0 0 0 PART I, LINE 1A EMPLOYEES WHO ARE ORDAINED MINISTERS QUALIFY FOR HOUSING ALLOWANCES. THE AMOUNT OF THE HOUSING ALLOWANCE IS INCLUDED IN FORM 990,PART VII, SECTION A, COLUMN F. THE HOUSING ALLOWANCE IS ALSO REPORTED ON THE W-2, BOX 14. THE FOLLOWING ORDAINED MINISTERS REPORTED IN FORM 990,PART VII, SECTION A, COLUMN F, RECEIVED HOUSING ALLOWANCE: DRS. GARRY BRELAND AND RAYMOND KING. JOSEPH FAIL TRUSTEE 57241 INFORMATION TECHNOLOGY SERVICES 0 JOAN WARREN TRUSTEE 83764 GENERAL CONSTRUCTION 0 LEWIS MYRICK TRUSTEE 7778 CONSTRUCTION SUPPLIES 0 X 2 3810 FMV X LAND 1 15000 FMV X ART & OTHER COLLECTIBLES 4 11802 FMV X FURNISHINGS 3 2976 COST X STUDENT MEALS 1 1167 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF THE FORM 990 IS PRESENTED IN PERSON, MAILED, OR EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE RETURN MUST BE REVIEWED BY THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST SIGN AN EXTENSIVE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH SCHOOL YEAR. SHOULD THE EXECUTIVE COMMITTEE HAVE CONCERNS ABOUT A CONFLICT OF INTEREST, THEY MEET WITH THE MEMBER AND MAKE A DECISION CONCERNING THIS. THE MATTER IS THEN BROUGHT TO THE ATTENTION OF THE ENTIRE BOARD TO BE RESOLVED. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND MEETS ANNUALLY REGARDING THE CHIEF EXECUTIVE'S COMPENSATION. THIS COMMITTEE OFTEN DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON COMPARABILITY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DELIBERATION AMONG THE MEMBERS. AFTER THE COMMITTEE REACHES A CONCLUSION, THEY MAKE A RECOMMENDATION TO THE TRUSTEES. THE TRUSTEES THEN DISCUSS AND VOTE ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. ALL DISCUSSIONS CONCERNING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE MEETINGS FOR SUBSTANTIATION PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE BY REQUESTING A COPY FROM THE BUSINESS OFFICE THROUGH THE CFO, THE GUIDESTAR WEBSITE, OR UNIVERSITY'S WEBSITE. CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO ALL EMPLOYEES ON OUR INTERNAL WEBSITE. THESE ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON DISPOSED ASSETS DUE TO NATURAL DISASTER 29,573,643. FORM 990, PART XII, LINE 2C PROCESS IS UNCHANGED FROM PRIOR YEAR