2018-05-11T07:30:25-05:00 2017-06-30 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2016-07-01 560529990 PFEIFFER UNIVERSITY PFEI 7044631360 PO BOX 960 MISENHEIMER NC 28109 DR COLLEEN PERRY-KEITH PRESIDENT 7044631360 2018-05-11 1 Amy Bibby P00445891 8282542254 2016 2022-09-23 18:48:47Z DR COLLEEN PERRY-KEITH PO BOX 960 MISENHEIMER NC 28109 48964818 0 X WWW.PFEIFFER.EDU X 1938 NC Pfeiffer University is a comprehensive United Methodist-related university, with multiple campuses and delivery systems, committed to educational excellence, service, and scholarship. Within nurturing communities of learners, we value diversity and promote the attainment of full academic and personal potential through accessible undergraduate and graduate programs. It is the vision of the university that our students embrace the christian values of human dignity, integrity, and service and become servant leaders and lifelong learners. 26 26 740 610 0 0 3380762 2697582 32373737 30899829 624053 10808361 72881 77201 36451433 44482973 11343069 11294063 0 0 14524014 15791765 0 0 867021 13741682 14594460 39608765 41680288 -3157332 2802685 43289144 41716509 20899193 17746618 22389951 23969891 X Pfeiffer University is a comprehensive United Methodist-related university, with multiple campuses and delivery systems, committed to educational excellence, service, and scholarship. Within nurturing communities of learners, we value diversity and promote the attainment of full academic and personal potential through accessible undergraduate and graduate programs. It is the vision of the university that our students embrace the christian values of human dignity, integrity, and service and become servant leaders and lifelong learners. 0 0 23933274 30908156 During the 2016 - 2017 academic year The Francis Center for Servant Leadership hosted a wide variety of civic engagement programs that placed students in volunteer roles alongside community members and local non-profitsin the issue areas of hunger, homelessness, at-risk youth programming, support for people with disabilities and elder care.In the 2016 - 2017 we continued all programs from the previous academic year, however, we utilized the volunteer efforts of 210 students, faculty, staff, and community members to expand our Hunger Relief Garden, which yielded a total of 550 lbs of produce during this fiscal year. Produce was donated to local hunger relief agencies and distributed to neighbors in need. We also began work on the garden to make it handicapped accessible so that people of all skill and ability levels can participate in meaningful volunteer work.Through our partnership with Habitat for Humanity, 45 students, faculty, and staff worked alongside community volunteers to build homes for local families in need. We assisted in the construction of two houses and also served hours in the Habitat ReStore. We also began work on creating an official campus chapter of Habitat for Humanity.Through our collaborative partnership with Stanly Community Christian Ministries (SCCM) and their Angel Tree program, the Pfeiffer community sponsored christmas gifts for 85 children from local low-income families. We also worked alongside SCCM and the YMCA to serve meals to over 550 low-income residents of Stanly County at the Community Table in Albemarle.Through academic service learning programs, Pfeiffer University engaged with the community while giving students the opportunity to increase their knowledge of community issues. The College of Education provided student teachers and tutors to local Title-1 underserved schools, while also hosting a variety of extra-curricular events for children in our community including World Health Day, STEM Afterschool and Summer Camp Programs, and Night at the Library. Over 250 localchildren were served through these programs. The Masters in Marriage and Family Therapy program continued their free and low-cost counseling services for families in Charlotte and Raleigh, and our Religion Department placed students in practical theology internships serving local rural churches. 11294063 11294063 SCHOLARSHIPS AND SIMILAR FINANCIAL AID FOR STUDENTS 35227337 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 367 0 1 740 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X JEFFREY PLYLER 7044633042 PFEIFFER UNIVERSITY 48380US HWY 52 MISENHEIMER NC 28109 G SCOTT MIDDLETON CHAIRMAN 1.00 X X 0 0 0 SAMUEL J ASBURY IV VICE CHAIR 1.00 X X 0 0 0 JOY T MELTON SECRETARY 1.00 X X 0 0 0 ROBERT J BRIETZ TREASURER 1.00 X X 0 0 0 JULIANNE BRITTAIN TRUSTEE 1.00 X 0 0 0 JANE S CRISCO TRUSTEE 1.00 X 0 0 0 ANNE DANIEL TRUSTEE 1.00 X 0 0 0 ROGER L DICK TRUSTEE 1.00 X 0 0 0 BOBBY H GRIFFIN TRUSTEE 1.00 X 0 0 0 LAWRENCE GROVES TRUSTEE 1.00 X 0 0 0 KATHLEEN E KENNEDY TRUSTEE 1.00 X 0 0 0 BENNY MERRELL TRUSTEE 1.00 X 0 0 0 STEVEN K PUGH TRUSTEE 1.00 X 0 0 0 RUSSELL C RING TRUSTEE 1.00 X 0 0 0 MARSHALL C ROGERS TRUSTEE 1.00 X 0 0 0 ALBERT L ROSE TRUSTEE 1.00 X 0 0 0 A JAMES RUSSELL TRUSTEE 1.00 X 0 0 0 ARCH Y STOKES TRUSTEE 1.00 X 0 0 0 TERRY V SWICEGOOD TRUSTEE 1.00 X 0 0 0 RICK THAMES TRUSTEE 1.00 X 0 0 0 TOMY A ALDRIDGE TRUSTEE 1.00 X 0 0 0 LAURA H AUTEN TRUSTEE 1.00 X 0 0 0 TONYA LANIER TRUSTEE 1.00 X 0 0 0 PAUL LEELAND TRUSTEE 1.00 X 0 0 0 DELLA D RAINES TRUSTEE 1.00 X 0 0 0 NANCY REIGEL TRUSTEE 1.00 X 0 0 0 DR COLLEEN P KEITH PRESIDENT 40.00 X 246420 0 9054 JEFF PLYLER VP OF FINANCE/CFO 40.00 X 96161 0 14295 BRENDA DIAZ DIR. OF PA PROGRAM 40.00 X 139548 0 14153 CHRIS PARKER VP FOR ENROLLMENT MGMT 40.00 X 138943 0 14153 TRACY ESPY PROVOST/VP FOR ACADEMIC AFFAIRS 40.00 X 127902 0 14467 ROBERT G REASSO VP FOR ATHLETICS 40.00 X 127256 0 803 BOB FUZY VP FOR ADVANCEMENT 40.00 X 121318 0 6086 997548 0 73011 6 0 1 0 SODEXO FOOD SERVICE INC PO BOX 960 MISENHEIMER NC 28109 FOOD SERVICES 1330952 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 MAINTENANCE SERVICES 868378 LITTLE DIVERSIFIED ARCHITECTURAL 5815 WESTPARK DRIVE CHARLOTTE NC 28217 ARCHITECT SERVICES 428612 BLACKBOARD CONNECT INC PO BOX 200154 PITTSBURGH PA 152510154 IT SERVICES 364798 VILLAGE OF MISENHEIMER PO BOX 100 MISENHEIMER NC 28109 SECURITY SERVICES 240250 14 15500 172165 2509917 165300 2697582 TUITION 611310 25180141 25180141 DORMITORY FEES 611310 2758433 2758433 FOOD SERVICES 722100 1879708 1879708 OTHER PROGRAM SERVICES 900099 1081547 1081547 30899829 2309234 2309234 59327 0 59327 59327 59327 12966114 4466987 8499127 8499127 8499127 9750 15500 14858 -5108 -5108 8327 0 8327 8327 RECOVERY OF BAD DEBT 900099 12791 12791 MISCELLANEOUS REVENUE 900099 1864 1864 14655 44482973 30908156 0 10877235 11294063 11294063 342581 12321 280976 49284 12923380 9619225 2944650 359505 2049 1537 410 102 1596029 1452303 92862 50864 927726 695795 185545 46386 6996 6996 91366 91366 104150 104150 3774308 3774308 473098 358736 66964 47398 1573714 1227496 314743 31475 750193 600155 112529 37509 1303664 1238481 39110 26073 1043450 782588 156517 104345 186897 149517 28032 9348 805045 805045 1822858 1731715 54685 36458 354456 283564 53168 17724 STUDENT BOARD 1373186 1373186 SPECIAL EVENTS 354724 295604 59120 0 BOND FEES 165330 115731 26453 23146 PROFESSIONAL MEMBERSHIP 136207 108965 20431 6811 274818 112047 142178 20593 41680288 35227337 5585930 867021 526044 1444590 996757 3378605 750475 1119243 761437 715385 930009 733089 146551 26317 362104 200130 42839140 24465670 21638315 18373470 15417242 13768856 1760210 1716465 0 240359 43289144 41716509 2302868 4937992 1350496 287300 378595 13352889 0 1157346 10338231 2064287 815172 384007 1276628 20899193 17746618 X 1024317 3098404 6156591 5476584 15209043 15394903 22389951 23969891 43289144 41716509 X 2802685 1488 3654 -1227887 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 17239249 214116 2213744 3654665 16012444 18633039 282268 -76884 961557 485266 152351 17239249 19005313 322239 828802 893319 462062 167934 18633039 16617500 154342 3011146 413832 204753 159090 19005313 15095175 196908 1929240 381316 82764 139743 16617500 0.87750 0.12250 0 0 481947 481947 32320624 19452835 12867789 8328758 5012835 3315923 1707811 1707811 18373470 ANNUITY PAYABLES 105949 DEFERRED DEBT 1170679 1276628 X 31876873 1488 3654 22044 27186 31849687 104150 12529136 12633286 44482973 30296933 14858 14858 30282075 104150 11294063 11398213 41680288 Part III, Line 4: FRAMED ORIGINAL PHOTOGRAPH OF DR. MARTIN LUTHER KING, JR. AND DR. VERNON MACK HERRON THE MARCH FROM SELMA TO MONTGOMERY, AL IN 1965. ALSO, INCLUDED IS A GENEOLOGY COLLECTION OF BOOKS, DOCUMENTS AND MEMORABILIA FROM DR. HERRON THESE INCLUDE HIS WRITINGS ON THE CIVIL RIGHTS MOVEMENT. Part X, Line 2: The University is a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code (IRC). The Campus is a single member limited liability company and is therefore disregarded for income tax purposes. Accordingly, the accompanying consolidated financial statements do not reflect a provision or liability for federal and state income taxes. The University has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2017. Part XI, Line 2d - Other Adjustments: CHANGE IN ANNUITY VALUATION 4,217. CHANGE IN CSV 2,969. SPECIAL EVENT EXPENSES 14,858. Part XI, Line 4b - Other Adjustments: INVESTMENT GAIN ON PLANT 1,235,073. SCHOLARSHIPS IN REVENUES 11,294,063. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 14,858. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS IN REVENUES 11,294,063. 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 INCLUDES THE RACIALLY NONDISCRIMATORY POLICY IN ALL ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC THAT RELATE TO STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. Schedule E, Part I, Line 6 EXPENDITURES OF FEDERAL AWARDS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK STUDY, PELL GRANT PROGRAM, FEDERAL PERKINS LOAN PROGRAM. EXPENDITURES OF STATE AWARDS NC NEED-BASED SCHOLARSHIP PROGRAM, NC FORGIVEABLE EDUCATION LOANS FOR SERVICE, GOLDEN LEAF SCHOLARS PROGRAM. CRISCO MEMORIAL GOLF TOURNAMENT 25250 15500 9750 1294 7936 2690 2938 25250 15500 9750 1294 7936 2690 2938 14858 -5108 1 SCHOLARSHIPS 976 11294063 Part I, Line 2: SCHOLARSHIPS ARE MONITORED EACH YEAR BY FINANCIAL AID IN CONJUNCTION/CONSULTATION WITH THE ADVANCEMENT DEPARTMENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR COLLEEN P KEITH PRESIDENT 240000 0 0 0 6420 0 0 0 9054 0 255474 0 0 0 BRENDA DIAZ DIR. OF PA PROGRAM 135000 0 0 0 4548 0 0 0 14153 0 153701 0 0 0 CHRIS PARKER VP FOR ENROLLMENT MGMT 128423 0 379 0 10141 0 0 0 14153 0 153096 0 0 0 Part I, Line 1a Housing allowance or residence for personal use are granted to employees that are required to live on campus, are part-time coaches, or if included in the terms of employment. Information regarding the housing allowance/residence is contained in the employees' offer letters and such employees sign a contract each July for the upcoming lease term. The following individuals received an housing allowance during the year: - CHRIS PARKER $4,500 X 3500 FMV X 42 40019 FMV X 1 82907 FMV X 7 7285 FMV X DISPLAY SIGN 2 30170 FMV X EVENT TICKETS 2 1007 FMV X MISCELLANEOUS 1 412 FMV 0 1 1 Part I, Line 32b: PFEIFFER UNIVERSITY CONTRACTS WITH AN ONLINE AUCTION COMPANY FOR ASSISTANCE WITH THE ANNUAL HOMECOMING AUCTION. THE COMPANY PROVIDES A SPECIFIC WEB ADDRESS WHERE CONSTITUENTS CAN BID ONLINE AND PROVIDE MAXIMUM BIDS PRIOR TO THE LIVE AUCTION AT HOMECOMING. Form 990, Part VI, Section A, line 1 THE EXECUTIVE COMMITTEE HOLDS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE BOARD CHAIR, PAST CHAIR, VICE-CHAIR, SECRETARY, TREASURER, AND CHAIRS OF ALL STANDING COMMITTEES. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE TRUSTEES. THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL CHARGE OF THE BUSINESS OF THE CORPORATION BETWEEN THE REGULAR MEETINGS OF THE BOARD AND SHALL HAVE AUTHORITY TO ACT UPON ALL MATTERS WHICH, IN THE JUDGEMENT OF THE COMMITTEE, SHALL REQUIRE IMMEDIATE ACTION OR DECISION. IT SHALL HAVE GENERAL CHARGE OF THE FINANCIAL INTERESTS OF THE UNIVERSITY AND OF SECURING AND NEGOTIATING LOANS. DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL FINANCIAL AND EXECUTIVE BUSINESS, EXCEPT AS OTHERWISE MAY BE PROVIDED BY LAW OR BY THESE BYLAWS. Form 990, Part VI, Section B, line 11b Pfeiffer University's form 990 will be sent to the President, CFO, and all Board of Trustee members for individual review before the return is submitted. The Finance Committee will review in detail at a scheduled meeting prior to submission. Form 990, Part VI, Section B, line 12c Pfeiffer University requires all trustees to complete a conflict of interest form annually. Each form is reviewed by the President's office and if any conflicts arise, they are questioned and dealt with as required. Form 990, Part VI, Section B, line 15 The Executive committee of the Board of Trustees or Finance committee annually reviews comparable external data and benchmarks, as well as performance in determining appropriate compensation. Form 990, Part VI, Section C, line 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). Form 990, Part XI, line 9: INVESTMENT LOSS ON PLANT -1,235,073. CHANGE IN ANNUITY VALUATION 4,217. CHANGE IN CSV 2,969. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD. CAMPUS AT PFEIFFER LLC 4701 PARK ROAD CHARLOTTE NC 28209 205671256 CAMPUS CAPITAL PROJECTS NC 0 0 PFEIFFER UNIVERSITY