2018-05-08T14:52:23-05:00 2017-06-30 205857627 TOPP MCWHORTER HARVEY PLLC P O DRAWER 15099 HATTIESBURG MS 394045099 990 2016-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 GRANT GUTHRIE VP BUSINESS & CFO 6013186193 2018-05-08 1 SUSAN A RILEY CPA P00144776 6012643519 2018-05-02 2016 2022-09-23 18:48:47Z DR RAYMOND T KING 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 62589067 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 1175 60 129975 117361 5704366 9357998 51852457 44117120 486520 672454 4072980 5253428 62116323 59401000 9936564 9719241 0 0 28057529 30561915 0 0 382602 16301894 18121309 54295987 58402465 7820336 998535 122058537 190208407 23755680 34176593 98302857 156031814 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. 1 0 25049184 0 44240261 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. 9719241 9719241 0 INSTITUTIONAL STUDENT AIDDIRECT AID TO STUDENTS FROM INSTITUTIONAL FUNDS 3785616 0 3232157 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. 3041469 EXPENSES FOR OTHER PROGRAM SERVICES INCLUDE ACADEMIC SUPPORT, STUDENT SERVICES AND OTHER EXPENSES. 3041469 41595510 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 1 320 0 1 1175 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 GRANT GUTHRIE VP BUS AFF CFO 6013186193 498 TUSCAN AVEBOX 2 HATTIESBURG MS 39401 EMILY MOONEY TRUSTEE 1.00 X 0 0 0 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 LARUE STEPHENS TRUSTEE 1.00 X 0 0 0 MR ODEAN BUSBY 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 CHAIRMAN, BOD 1.00 X X 0 0 0 MRS MONA STEWART TRUSTEE 1.00 X 0 0 0 MRS JOAN WARREN TRUSTEE 1.00 X 0 0 0 DR GARY GORDAN TRUSTEE 1.00 X 0 0 0 DR TODD WILLIAMSON TRUSTEE 1.00 X 0 0 0 MR JACK SIMMONS TRUSTEE 1.00 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 VICE-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 ASHLEY GRANT GUTHRIE VP BUSINESS AFF & CFO 40.00 X 105973 0 18216 DR RAYMOND T KING PRESIDENT & CEO 40.00 X 263683 0 21440 DR SCOTT HUMMELL EXECUTIVE VP & PROVOST 40.00 X 135561 0 13938 DR GARRY BRELAND VP ACAD. AFF. & PROFESSOR 40.00 X 114761 0 15829 JAMES M TURNER PROFESSOR OF SCI./DEAN OF 40.00 X 307324 0 15660 ITALO SUBBARAO ASSOC. PROFESSOR OF CLINIC 40.00 X 238768 0 13657 RICHARD G SLOAN HIGHLY COMPENSATED EMPLOYE 40.00 X 213143 0 12405 DENNIS C RAU HIGHLY COMPENSATED EMPLOYE 40.00 X 213743 0 12305 KEITH SPEED FAMILY MEDICINE CHAIR 40.00 X 197394 0 12393 RANCE MCCLAIN ASSC DEAN CLINICAL SCIENCES 40.00 X 221589 0 12817 2011939 0 148660 26 0 1 0 HANCO CORPORATION PO BOX 17678 HATTIESBURG MS 39404 CONSTRUCTION COMPANY 8008221 VISION INTEGRATION 28740 US HWY 98 STE 9 DAPHNE AL 36526 AUDIO VISUAL CONTRACTOR 1475593 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1397330 BARNES & NOBLE PO BOX 823660 PHILADELPHIA PA 19182 BOOKSTORE 884008 LANDRY & LEWIS ARCHITECTS 5211 OLD HWY 11 HATTIESBURG MS 39402 ARCHITECT 859466 23 47365 790964 8519669 261505 9357998 EDUCATION & GENERAL REVENUE 611600 43991343 43991343 ADVERTISING 611600 125777 125777 44117120 590814 590814 23 23 3204758 3123118 81640 81640 81640 27795 47365 64949 -37154 -37154 AUXILIARY INCOME 900099 3232157 3232157 OTHER REVENUES 900099 2058402 2054227 4175 5290559 59401000 49950181 129975 -37154 9719241 9719241 922891 324755 598136 24428619 21126483 3063886 238250 1168299 923702 237637 6960 2402069 1725652 652508 23909 1640037 1382207 239588 18242 248529 110174 134499 3856 166411 97829 66796 1786 696037 652575 41175 2287 700266 700266 3940296 3940296 743360 329511 413849 OTHER 11601801 5203381 6311108 87312 UBI TAX 24609 24609 58402465 41595510 16424353 382602 20647253 26909899 4105476 5048055 436270 20663052 50650 7720 149580474 32222589 78879492 117357885 16143667 18140574 1795729 2081222 122058537 190208407 2631597 4271587 20477575 29243056 646508 661950 23755680 34176593 X 77440018 131636235 4005587 5867644 16857252 18527935 98302857 156031814 122058537 190208407 X 998535 255675 56474747 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 X 1 9.00 0 0 0 1 0 80.00 1600 762130 X X X 0 16857250 1257071 556100 142489 18527935 15633165 995794 495132 266841 16857250 14341325 1005268 303031 16459 15633165 10825974 2756685 1150467 391801 14341325 10381841 148746 645316 349929 10825974 1.00000 1 0 15370715 15370715 80058231 15150026 64908205 159192 159192 0 20150594 13949775 6200819 33841742 2963596 30878146 117357885 STUDENT DEPOSITS AND REFUNDS 661950 661950 106661104 255675 47004429 47260104 59401000 0 59401000 48932147 -9470318 -9470318 58402465 0 58402465 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, PROFESSIONAL CHAIRS, AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING INCOME REPORTED NET ON 990 REVENUE RELATED TO CASUALTY LOSS PART XII, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID REPORTED NET OF TUITION REVENUES ROUNDING 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 FEDERAL DIRECT STUDENT LOAN PELL GRANTS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT COLLEGE WORK STUDY GOLF TOURNAMENT 24405 9685 14720 15806 SCHOLARSHIP DINNER 41130 33535 7595 30653 1 9625 4145 5480 18490 75160 47365 27795 64949 64949 -37154 0 SCHOLARSHIPS FOR STUDENTS AT WCU 7602 9470321 SEOG 108 248918 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 1 0 0 0 0 0 0 0 DR RAYMOND T KING PRESIDENT & CEO 260603 0 0 0 3080 0 15000 0 6440 0 285123 0 0 0 JAMES M TURNER PROFESSOR OF SCI./DEAN OF 307205 0 0 0 119 0 9166 0 6494 0 322984 0 0 0 ITALO SUBBARAO ASSOC. PROFESSOR OF CLINIC 238750 0 0 0 18 0 7163 0 6494 0 252425 0 0 0 RICHARD G SLOAN HIGHLY COMPENSATED EMPLOYE 213125 0 0 0 18 0 5906 0 6499 0 225548 0 0 0 DENNIS C RAU HIGHLY COMPENSATED EMPLOYE 213725 0 0 0 18 0 5824 0 6481 0 226048 0 0 0 KEITH SPEED FAMILY MEDICINE CHAIR 197275 0 0 0 119 0 5906 0 6487 0 209787 0 0 0 RANCE MCCLAIN ASSC DEAN CLINICAL SCIENCES 221562 0 0 0 27 0 6323 0 6494 0 234406 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 PART VII, SECTION A, COLUMN F. THE HOUSING ALLOWANCE IS ALSO REPORTED ON THE W-2, BOX 14. THE FOLLOWING ORDAINED MINISTERS REPORTED IN PART VII, SECTION A, COLUMN F, RECEIVED HOUSING ALLOWANCE: DR. RAYMOND T. KING, DR. BENNIE CROCKETT, AND DR. GARY BRELAND PART I, LINE 4B: DR. RAYMOND T. KING MADE A CONTRIBUTION TO A 457F PLAN IN THE AMOUNT OF $25,000. JOSEPH FAIL TRUSTEE 61194 TELEPHONE AND INTERNET SERVICES 0 JOAN WARREN TRUSTEE 142020 GENERAL CONSTRUCTION 0 LEWIS MYRICK JR TRUSTEE 5725 CONSTRUCTION SUPPLIES 0 X 5 173420 FMV X PIANO 1 75000 FMV X MOWER 1 9625 FMW 0 1 0 FORM 990, PART III, LINE 2 PHYSICAL THERAPY PROGRAM ADDED IN CURRENT YEAR 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 HAS USED DELIBERATION AMONG THE MEMBERS AND COMPARABILITY DATA TO DETERMINE THE COMPENSATION OF THE PRESIDENT. 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, ON THE GUIDESTAR WEBSITE, OR ON THE 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: NET LOSS FROM FUNDRAISING ACTIVITIES -10,211. INSTITUTIONAL STUDENT AID 9,470,323. ROUNDING -5. REPLACEMENT OF DAMAGED ASSETS DUE TO NATURAL DISASTER 47,014,640. FORM 990, PART XII, LINE 2C PROCESS IS UNCHANGED FROM PRIOR YEAR