2018-05-15T16:24:16-05:00 2017-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-07-01 570314374 Claflin University CLAF 8035355413 400 Magnolia St Orangeburg SC 29115 tijuana hudson vice president fiscal affairs 8035355413 2018-05-15 1 Amanda Adams P00748038 7043771678 2016 2022-09-23 18:48:47Z dr henry n tisdale 400 Magnolia St Orangeburg SC 29115 66380513 0 X WWW.CLAFLIN.EDU X 1869 SC CLAFLIN UNIVERSITY IS AN INDEPENDENT, LIBERAL ARTS, CO-EDUCATIONAL, HISTORICALLY BLACK INSTITUTION THAT IS AFFILIATED WITH THE UNITED METHODIST CHURCH. IT IS DEDICATED TO EDUCATIONAL EXCELLENCE AND TO PREPARING STUDENTS WITHOUT REGARD TO GENDER, RACE, RELIGION OR ETHNIC ORIGIN. IT IS COMMITTED TO OFFERING QUALITY UNDERGRADUATE PROGRAMS, SELECT GRADUATE PROGRAMS, AND VIABLE CONTINUING EDUCATION OPPORTUNITIES. IN FISCAL YEAR 2016, APPROXIMATELY 2,200 STUDENTS WERE ENROLLED AT THE UNIVERSITY. 23 23 1228 250 18689 -28101 11948770 11112796 41403514 44663509 923752 1432259 -732832 -39321 53543204 57169243 7177045 8517093 0 0 24309783 25810672 0 0 2320489 22535252 22720026 54022080 57047791 -478876 121452 99093927 102160271 39157827 41087825 59936100 61072446 X Claflin is committed to excellence in teaching, research, and creative expression. We are guided by a set of principles that help us work toward our goal of equipping students with the necessary tools for personal and professional growth. We are committed to offering quality undergraduate programs, innovative graduate programs, and viable continuing education opportunities. By design, we have emerged as a national leader in comprehensive education and continue to engage in a strategic plan which outlines an enhanced vision of academic excellence with greater emphasis on research, scholarly contributions and creative activity. 1 0 31135807 6906722 30512853 INSTRUCTIONAL:Claflin's primary exempt purpose achievement is to provide a higher education to students under a college degree program. Claflin has four schools consisting of the School of Education, School of Natural Science and Mathematics, School of Business and School of Humanities and Social Science as well as the Center for Professional and Continuing Studies. Courses are offered leading to the award of the Bachelor of Arts in 14 majors, Bachelor of Science in 23 majors and a Masters of Business Administration. 6712362 11992522 AUXILIARY SERVICES:THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE COMMUNITY-AT-LARGE. AUXILIARY ENTERPRISES CONSIST OF INTERCOLLEGIATE ATHLETICS, STUDENT HOUSING, FOOD SERVICE AND PRINT SHOP. THE UNIVERSITY PARTICIPATES IN NCAA DIVISION II ATHLETICS AND IT'S PROGRAMS CONSIST OF FOUR SPORTS FOR MEN AND FIVE SPORTS FOR WOMEN. 4061189 2139445 STUDENT SERVICES:CLAFLIN UNIVERSITY IS WEDDED TO THE IDEA THAT ACADEMIC ACHIEVEMENT IS FACILITATED BY A WELL-BALANCED AND WELL-ROUNDED PROGRAM OF STUDENT ACTIVITIES AND SERVICES. AS THE NAME IMPLIES, STUDENT DEVELOPMENT AND SERVICES OPERATES PRIMARILY FOR STUDENTS. THIS UNIT SEEKS TO SERVE STUDENTS BOTH DIRECTLY AND INDIRECTLY: DIRECTLY IN THAT IT ANTICIPATES AND PROVIDES FOR THEIR PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS AND INDIRECTLY IN THAT, IN ITS TOTALITY, IT HELPS TO BUILD THE MORALE OF THE STUDENT BODY. STUDENT SERVICES PROGRAMS INCLUDE CAREER SERVICES, STUDENT HEALTH SERVICES, COUNSELING CENTER, CHAPLAIN SERVICES, FINANCIAL AID, ADMISSIONS, RECORDS, RESIDENTIAL LIFE AND STUDENT GOVERNMENT. 1610371 1610371 OTHER SERVICES INCLUDE A WIDE RANGE OF PROGRAMS INCLUDING RESEARCH, LIBRARY SERVICES, PUBLIC SERVICES, AND ACADEMIC SUPPORT.Grant to Panther Health Partners, Inc., a newly created nonprofit corporation, to facilitate New Markets Tax Credit ("NMTC") transactions. 1610371 1610371 43519729 1 1 0 0 0 0 0 1 1 1 1 0 1 0 1 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 304 0 1 1228 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X TIJUANA HUDSON 8035355197 400 MAGNOLIA STREET ORANGEBURG SC 29115 Mr James Bennett Chairman 0.50 X X 0 0 0 Mr James K Lehman Vice Chairman 0.50 X X 0 0 0 Janice Marshall Secretary 0.50 X X 0 0 0 Mr Calvin H Elam Treasurer 0.50 X X 0 0 0 Mr Michael R Brenan Member 0.50 X 0 0 0 Mr David Campbell Member 0.50 X 0 0 0 Mr Keith M Clarke Member 0.50 X 0 0 0 Mr Ted Creech Member 0.50 X 0 0 0 Rev Robin Dease Member 0.50 X 0 0 0 Dr Willie L Frazier Member 0.50 X 0 0 0 Dr Belinda F Gergel Member 0.50 X 0 0 0 Ms Virginia Maxwell Grose Member 0.50 X 0 0 0 Mr Moses L Harvin Member 0.50 X 0 0 0 Mr John O Herring Member 0.50 X 0 0 0 Mr William H Johnson Member 0.50 X 0 0 0 Mr Virgil Miller Member 0.50 X 0 0 0 Mrs Hema Patel Member 0.50 X 0 0 0 Mrs Leslie Price Member 0.50 X 0 0 0 Dr Albert Shuler Member 0.50 X 0 0 0 Dr Joan Stevens Member 0.50 X 0 0 0 Mr Isaac Templeton Jr Member 0.50 X 0 0 0 Mr William L Thompson Member 0.50 X 0 0 0 Mr Thomas Wyatt Member 0.50 X 0 0 0 Dr Henry N Tisdale President 40.00 X 372351 0 27926 Tijuana Hudson VP - Fiscal Affairs 40.00 X 171850 0 13945 Karl Wright Provost-Chief Academic Off 40.00 X 212503 0 26031 Zia Hasan VP - Institutional Effecti 40.00 X 172559 0 12942 Leroy A Durant VP - Student Development 40.00 X 165236 0 17893 Whittaker Middleton VP - Institutional Advance 40.00 X 163705 0 17779 Drexel Ball Vice President for Adminis 40.00 X 164203 0 22409 Charles Richardson Dean, School of Business 40.00 X 145428 0 4741 1567835 0 143666 16 0 1 0 Sodexo Inc (Food Services) 400 Magnolia Street Orangeburg SC 29115 Food Services 3125456 Sodexo Inc & Affiliates (Plant) 400 Magnolia Street Orangeburg SC 29115 Facilities Services 2874810 Barnes & Noble College Booksellers LLC PO Box 823660 Philadelphia PA 191823660 Bookstore Charges 700153 Ricoh Professional Services PO Box 534777 Atlanta GA 303534777 Copier Services 305032 Vonage Business Networks Inc PO Box 39279 Pittsburgh PA 152519479 Telecommunications 270299 14 193407 7432262 3487127 5462 11112796 TUITION AND FEES 900099 30512853 30512853 room and board fees 900099 11992522 11992522 OTHER REVENUE 900099 2158134 2139445 18689 44663509 521672 521672 10058672 9148085 910587 910587 910587 23864 193407 63185 -39321 -39321 57169243 44644820 18689 1392938 X 1610371 1610371 6906722 6906722 824606 824606 20963847 16057955 3824870 1081022 854081 565433 259040 29608 1561330 1321371 162796 77163 1606808 1167534 358267 81007 95887 95887 90053 90053 5866866 2676562 3015338 174966 277121 110074 10667 156380 2035713 1342600 510172 182941 2480575 624167 1824849 31559 1601682 1312417 195392 93873 1153727 835189 318538 3677678 2641161 1036517 670492 102168 568324 REPAIRS & MAINTENANCE 1347422 474901 829655 42866 HONORARIA 161536 142853 17083 1600 EDUCATION TRAINING 9914 5184 4730 O&M ALLOCATIONS 0 3716372 -3716372 3251360 1906695 977161 367504 57047791 43519729 11207573 2320489 1647348 418172 259337 243161 4577389 3763229 2052804 3148601 407315 382761 107743931 48716131 62089096 59027800 23613812 24897738 1383298 1552041 5548550 3063528 3178218 99093927 102160271 5146601 5419938 1726645 3359477 764592 174461 30127076 30614028 1392913 1519921 39157827 41087825 X 32788456 32581697 6298895 6925782 20848749 21564967 59936100 61072446 99093927 102160271 X 121452 950285 64609 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3972 X 0 0 1 X 17712827 915907 851038 1202700 18277072 17536022 839629 225071 887895 17712827 17109689 880645 415336 869648 17536022 14864436 1366995 1728031 849773 17109689 13052199 1559172 1037237 784172 14864436 0.00000 0.96650 0.03350 0 0 2941481 2941481 74611090 33773695 40837395 21987143 11228689 10758454 8204217 3713747 4490470 59027800 NMTC Leverage Loan 5548550 F 5548550 OTHER LIABILITIES 678952 OBLIGATIONS UNDER CAPITAL LEASE 840969 1519921 X 48910760 950285 26493 -6851294 -5874516 54785276 90053 2293914 2383967 57169243 48519862 26493 -1557647 -1531154 50051016 90053 6906722 6996775 57047791 Part III, Line 4: The museum, as well as points about the campus grounds, contain both permanent and ongoing art exhibits and ARE open to University students and the public. Public school students and the local community often visit the museum and other parts of the campus where art is exhibited. The museum is an integral part of our pedagogy for students majoring in art, as well as all other students. The museum collection, and other art about the campus, further support the mission of the University by providing valuable exposure to the Arts for our students and working to preserve the Arts for future generations. Part IV, Line 2b: Funds held for custodial account liability represent funds held on behalf of student organizations. Part V, Line 4: the endowment funds are established for a variety of educational purposes based on donor-imposed restrictions in the gift. the university's endowment consists of approximately 320 individual funds. Part X, Line 2: The University is exempt from federal and state income taxation under Section 501(c)(3) of the Internal Revenue Code. Management believes that the University continues to satisfy the requirement of a tax-exempt organization and is not subject to unrelated business income tax. Accordingly, no provision for income taxes has been reflected in the accompanying consolidated financial statements. Part XI, Line 2d - Other Adjustments: TUITION DISCOUNTS SHOWN AS NET OF REVENUE ON FINANCIAL STATEMENTS -6,906,722. CHANGE IN BENEFICIAL INTEREST OF TRUSTS 64,609. Revenue of affiliate 1,627,876. Eliminations on consolidation -1,637,057. Part XI, Line 4b - Other Adjustments: fundraising expenses shown net of revenue on 990 -63,185. INVESTMENT INCOME SHOWN AS NON-OPERATING ITEMS ON FINANCIALS 2,357,099. Part XII, Line 2d - Other Adjustments: fundraising expenses shown net of revenue on 990 63,185. Expenses of affiliate 16,225. Eliminations on consolidation -1,637,057. Part XII, Line 4b - Other Adjustments: TUITION DISCOUNTS SHOWN AS NET OF REVENUE ON FINANCIAL STATEMENTS 6,906,722. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 NON-DISCRIMINATION STATEMENTS ARE PRINTED ON THE APPLICATION FOR ADMISSIONS AND COLLEGE BROCHURE MATERIALS. it is also broadcast in media and newspaper on an annual basis. Schedule E, Part I, Line 6 CLAFLIN UNIVERSITY RECEIVES FINANCIAL AID AND/OR ASSISTANCE FROM VARIOUS AGENCIES OF THE UNITED STATES AND AGENCIES OF THE GOVERNMENT OF THE STATE OF SOUTH CAROLINA. THE FINANCIAL AID AND/OR ASSISTANCE IS FOR RESEARCH PERFORMED BY PROFESSORS OF THE UNIVERSITY FOR VARIOUS AGENCIES. OTHER FINANCIAL AID AND/OR ASSISTANCE ARE PASSTHROUGH FUNDS OF THE TITLE IV AND/OR STATE OF SOUTH CAROLINA FINANCIAL AID FOR ITS STUDENTS, AS WELL AS AGENCY FUNDS WHEREBY THE UNIVERSITY IS A DISBURSING AGENT ACTING ON BEHALF OF A GOVERNMENT AGENCY. gala 182900 166900 16000 9369 12500 28973 Golf Classic 24226 20826 3400 3060 3602 1 10145 5681 4464 5681 217271 193407 23864 3060 18652 12500 28973 63185 -39321 1 Panther Health Partners Inc 400 MAGNOLIA STREET ORANGEBURG SC 29115 815369320 501(C)(3) 1610371 Book Real property To facilitate expansion and renovation of existing gymnasium and construction and development of a combined gymnasium and health and wellness center that will be leased by the University 1 tuition discounts & scholarships 1143 6906722 Book Tuition reduction Part I, Line 2: GRANTS TO ORGANIZATIONS: The University does not usually make grants to organizations. It made a grant of real property this year to a newly created supporting organization for the purpose of renovation and construction project to benefit the University. The close relationship between the organizations serves to monitor the use of the property for its intended purposes. GRANTS TO INDIVIDUALS: the University's procedures for monitoring the use of grant funds requires the verification of 1) enrollment status, 2) number of hours enrolled, 3) number of earned credit hours, 4) GPA, and 5) housing status. In addition, a review of student academic performance is conducted each semester to determine overall standing in relation to the college's established satisfactory academic policy (SAP). X X 1 1 X X 0 1 0 0 0 0 0 0 0 Dr Henry N Tisdale President 372351 0 0 0 0 0 0 0 27926 0 400277 0 0 0 Tijuana Hudson VP - Fiscal Affairs 171850 0 0 0 0 0 0 0 13945 0 185795 0 0 0 Karl Wright Provost-Chief Academic Off 212503 0 0 0 0 0 0 0 26031 0 238534 0 0 0 Zia Hasan VP - Institutional Effecti 172559 0 0 0 0 0 0 0 12942 0 185501 0 0 0 Leroy A Durant VP - Student Development 165236 0 0 0 0 0 0 0 17893 0 183129 0 0 0 Whittaker Middleton VP - Institutional Advance 163705 0 0 0 0 0 0 0 17779 0 181484 0 0 0 Drexel Ball Vice President for Adminis 164203 0 0 0 0 0 0 0 22409 0 186612 0 0 0 Charles Richardson Dean, School of Business 145428 0 0 0 0 0 0 0 4741 0 150169 0 0 0 Part I, Line 1a THE PRESIDENT IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE. THE RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY conducted AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. THE PRESIDENT IS ALSO PROVIDED WITH CLEANING SERVICES FOR HIS RESIDENCE. This is a nontaxable benefit. Part I, Line 4b Dr. Tisdale participates in a section 457f plan. No amounts were contributed to the plan during the year. X 1 3972 FMV X 1350 FMV X 140 FMV 0 0 1 0 Form 990, Part III, line 2 In February 2017, the University formed Panther Health Partners, Inc., a nonprofit corporation, to facilitate New Markets Tax Credit ("NMTC") transactions. PHP is a special-purpose-entity lessor that operates with a sole purpose to facilitate the expansion and renovation of the existing gymnasium and construction and development of a combined gymnasium and health and wellness center (the "Project") that will be leased by the University. The University granted real property to PHP to facilitate the Project. Form 990, Part VI, Section B, line 11b the board will receive an electronic copy of the 990 prior to filing for their review and comments. Form 990, Part VI, Section B, line 12c The conflicts of interest policy is reviewed annually during the fall board meeting. board members and key employees sign an annual statement to acknowledge that no conflicts exist. In the course of meetings and/or activities, a board member or key employee will disclose any interests in a transaction or decision where he/she, including their business and/or other non-profit affiliations, family and/or significant other, employer, or close associate will receive a potential benefit or gain. After disclosure of any possible conflict of interest, the person will be asked to leave the room for the discussion and will not be permitted to vote on the matter. Form 990, Part VI, Section B, line 15 The organization uses comparability data (from forms 990 of other organizations and from compensation surveys) to determine the salary for the President. The President's salary is determined and approved by the independent Board of Trustees after an annual review and after the comparability data is reviewed. The individuals approving the compensation and the data upon which they relied is documented by formal letter to the President. The President follows similar guidelines in his determination of compensation for other key employees. Form 990, Part VI, Section C, line 19 the organization's financial statements, governing documents, and conflict of interest policy are available to the public upon request. Form 990, Part IX, line 11g CONSULTANTS: Program service expenses 2,676,562. Management and general expenses 3,015,338. Fundraising expenses 174,966. Total expenses 5,866,866. Form 990, Part XI, line 9: change in beneficial interest in trust 64,609. Panther Health Partners Inc 400 Magnolia Street Orangeburg SC 29115 815369320 Supporting organization SC 501(c)(3) Line 12c, III-FI 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0