2018-11-07T05:30:25-06:00 2018-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2017-07-01 620476661 TENNESSEE WESLEYAN UNIVERSITY TENN 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 GAIL HARRIS V.P. FOR FINANCIAL AFFAIRS 4237465208 2018-10-26 1 JERRY SMITH CPA P00104258 4237567771 2018-10-26 64.88.174.3 2018-10-26 10:19:19 ED P DBC634B2013C8F03C1B97CB60CC23A7A9B4A6CB0 5293304C9363DB11D1F7A135247E4EB202C2198A 2017 2019-02-21 02:37:17Z GAIL HARRIS 204 EAST COLLEGE STREET ATHENS TN 37303 26575786 0 X WWW.TNWESLEYAN.EDU X 1857 TN FOUR-YEAR LIBERAL ARTS COLLEGE 41 41 361 0 0 0 1997497 1434938 23340693 23770541 169009 912137 447626 458170 25954825 26575786 10765736 11440930 0 0 7888419 8429422 0 0 347438 8121998 8171806 26776153 28042158 -821328 -1466372 35590034 40836506 16695445 23118345 18894589 17718161 FOUR-YEAR LIBERAL ARTS COLLEGE 0 0 17543375 11440930 INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS. 409165 ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES. 5531316 STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES. 24228711 24228711 23483856 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 149 0 1 361 1 0 0 0 0 0 0 0 0 0 0 0 X 41 41 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X GAIL HARRIS 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 ALLEN CARTER BOARD OF DIRECTOR, ADVANCEMENT CHAIR 2.00 X 0 0 0 HUGH QUEENER BOARD OF DIRECTOR, VICE CH 2.00 X 0 0 0 BUTCH PECCOLO BOARD OF DIRECTOR, FINANCE 2.00 X 0 0 0 REV TOM REED BOARD OF DIRECTOR, STUDENT 2.00 X 0 0 0 STEPHEN BYRUM BOARD OF DIRECTOR, ACADEMI 2.00 X 0 0 0 TENNA HORNSBY BOARD OF DIRECTOR, STUDENT 2.00 X 0 0 0 KEITH ALTSHULER BOARD OF DIRECTOR, FORT SA 2.00 X 0 0 0 PRICE FOSTER BOARD OF DIRECTOR 1.00 X 0 0 0 CARL COLLOMS BOARD OF DIRECTOR, MEMBER 1.00 X 0 0 0 MINTIE WILLSON BOARD OF DIRECTOR 1.00 X 0 0 0 STEPHEN BRUMIT BOARD OF DIRECTOR 1.00 X 0 0 0 JERRI BRYANT BOARD OF DIRECTOR 1.00 X 0 0 0 H PAUL GAFFNEY BOARD OF DIRECTOR 1.00 X 0 0 0 J DON KING MD BOARD OF DIRECTOR 1.00 X 0 0 0 LAURIE HALLENBERG BOARD OF DIRECTOR 1.00 X 0 0 0 VANT HARDAWAY BOARD OF DIRECTOR, SECRETA 1.00 X 0 0 0 DANNY HAYS BOARD OF DIRECTOR 1.00 X 0 0 0 WILLIAM KILBRIDE BOARD OF DIRECTOR 1.00 X 0 0 0 RICK LAY BOARD OF DIRECTOR 1.00 X 0 0 0 LARRY MAULDIN BOARD OF DIRECTOR 1.00 X 0 0 0 DANIEL MOORE BOARD OF DIRECTOR 1.00 X 0 0 0 PATRICIA PURUSHOTHAM BOARD OF DIRECTOR 1.00 X 0 0 0 JEFFERY CUNNINGHAM BOARD OF DIRECTOR 1.00 X 0 0 0 HUGH WALKER BOARD OF DIRECTOR, NOMINATING COMMITTEE 1.00 X 0 0 0 JASON ROBERTSON BOARD OF DIRECTOR 1.00 X 0 0 0 MARK WHITE BOARD OF DIRECTOR, FACILIT 1.00 X 0 0 0 SHIRLEY WOODCOCK BOARD OF DIRECTOR 1.00 X 0 0 0 REGENIA MAYFIELD BOARD OF DIRECTOR 1.00 X 0 0 0 MARY TAYLOR BOARD OF DIRECTOR 1.00 X 0 0 0 LEE STEWART BOARD OF DIRECTOR 1.00 X 0 0 0 LARRY WALLACE BOARD OF DIRECTOR 1.00 X 0 0 0 JIM WINER CHAIR BOARD OF DIRECTOR 1.00 X 0 0 0 ELI KILGORE BOARD OF DIRECTOR 1.00 X 0 0 0 DEBI WELCH BOARD OF DIRECTOR 1.00 X 0 0 0 ROBERT GOODFRIEND BOARD OF DIRECTOR 1.00 X 0 0 0 MARILYN MILLER BOARD OF DIRECTOR 1.00 X 0 0 0 STELLA ROBERTS BOARD OF DIRECTOR 1.00 X 0 0 0 KEN WEBB BOARD OF DIRECTOR 1.00 X 0 0 0 PATSY GING BOARD OF DIRECTOR 1.00 X 0 0 0 TRENT MANSFIELD BOARD OF DIRECTOR 1.00 X 0 0 0 ERICA PEDEN BOARD OF DIRECTOR 1.00 X 0 0 0 HARLEY KNOWLES PRESIDENT 40.00 X 246882 0 0 D WILLHITE VP FOR ACADEMIC AFF 40.00 X 109220 0 0 RANDY NELSON VP FOR ADVANCEMENT 40.00 X 86396 0 0 SCOTT MASHBURN VP FOR STUDENT LIFE 40.00 X 95995 0 0 GAIL HARRIS VP FOR FINANCIAL AFFAIRS 40.00 X 90748 0 0 JOANNE LANDERS VP OF ADMISSIONS 40.00 X 74271 0 0 703512 0 0 2 0 1 0 WILSON CONSTRUCTION GROUP LLC 129 LIONS PARK RD ATHENS TN 37303 CONSTRUCTION 4790183 ARAMARK CORP 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 1309183 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LA GRANGE GA 30241 MAINTENANCE 736524 BLUECROSS BLUESHIELD OF TN 1 CAMERON CIRCLE CHATTANOOGA TN 37402 INSURANCE 727746 ATHENS UTILITIES BOARD 100 NEW ENGLEWOOD RD ATHENS TN 37303 UTILITIES 710667 16 131017 1303921 1434938 TUITION 624310 20769796 20769796 FOOD SERVICE 722210 1928315 1928315 RESIDENCE HALL 721310 1031071 1031071 BOOKSTORE 451211 34909 34909 CAMPS AND CONFERENCES 900099 6450 6450 23770541 912137 912137 FORT SANDERS NURSING SUPPLEMENT 611600 367325 367325 90845 90845 458170 26575786 24228711 0 912137 X 11440930 11440930 6960152 5321317 1428310 210525 207963 151181 52463 4319 645965 406195 234643 5127 615342 474922 128456 11964 1980 1980 60858 60858 136890 80 136810 406670 289603 110731 6336 479435 479435 1147497 957613 189884 CONTRACTED SERVICES 2437405 1998116 423739 15550 UTILITIES 725483 665189 60294 UNIFORMS AND OTHER SUPP 247374 152459 86517 8398 FACILITY FEES 245734 245734 2282480 1380517 816744 85219 28042158 23483856 4210864 347438 1294 1296 1588039 2048163 3737620 3162215 755510 574610 73691 75089 20256 16260 81591 84254 38382318 15640567 17969901 22741751 11362132 12132868 35590034 40836506 878315 985665 498289 446899 15228115 21561318 90726 124463 16695445 23118345 X 3066969 1555781 4297560 4240988 11530060 11921392 18894589 17718161 35590034 40836506 X -1466372 229670 60274 X X 0 1 X 1 1 1 X 0 11530058 116505 274826 11921389 11361793 51431 116834 11530058 11040007 230189 91599 11361795 10925347 126826 -12166 11040007 9414118 1399823 111406 10925347 0 0 1734691 1734691 19802263 8208799 11593464 2642809 1494242 1148567 6615325 4738075 1877250 7587230 1199451 6387779 22741751 FEDERAL SHARE OF PERKINS LOAN PROGRAM -95327 AGENCY FUNDS 219790 124463 X 15364526 229670 229670 15134856 11440930 11440930 26575786 16601228 0 16601228 11440930 11440930 28042158 PART X, LINE 2: UNCERTAIN TAX POSITIONS THE COLLEGE IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE COLLEGE MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THIS INCOME IS REPORTED ON THE FEDERAL FORM 990T AS UNRELATED BUSINESS INCOME. THE COLLEGE FOLLOWS THE GUIDANCE OF ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC TOPIC 740 PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE COLLEGE ADOPTED THE PROVISIONS OF ASC TOPIC 740 AND THEY HAD NO IMPACT ON THE FINANCIAL POSITION, RESULTS OF OPERATIONS, AND CASH FLOWS. THE COLLEGES EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2014 THROUGH JUNE 30, 2018 FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART VI, LINE 1E OTHER ASSETS CONSIST OF VEHICLES, LIBRARY BOOKS, AND WORK IN PROGRESS. 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 COLLEGE MAINTAINS AN INSTITUTION THAT IS RACIALLY NONDISCRIMINATORY. SCHEDULE E, PART I, LINE 6 THE COLLEGE IS APPROVED TO PROVIDE STUDENT ASSISTANCE WITH THE FEDERAL TITLE 4 STUDENT FINANCIAL AID PROGRAMS. 1 FINANCIAL-AID SCHOLARSHIP 917 11440930 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 HARLEY KNOWLES PRESIDENT 246882 0 0 0 0 0 0 0 0 0 246882 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FEDERAL FORM 990 IS PRESENTED TO THE VICE PRESIDENT FOR FINANCIAL AFFAIRS WHO REVIEWS TO MAKE SURE NUMBERS ARE CORRECTLY REPORTED. VP FOR FINANCIAL AFFAIRS THEN PRESENTS 990 TO THE FINANCE COMMITTEE FOR REVIEW. THEY WILL THEN VOTE FOR APPROVAL. ONCE APPROVED THE 990 IS PRESENTED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW. FINAL APPROVAL IS MADE BY THE BOARD BEFORE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE ALSO UTILIZED IN ORDER TO PROVIDE COMPARATIVE DATA FOR REVIEW PRIOR TO APPROVAL. OFFICERS SALARIES ARE SUGGESTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO HIRE DATE. ONCE HIRED SALARIES ARE ADJUSTED BASED UPON PERFORMANCE AND RECOMMENDATIONS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE ONLY AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART IX, LINE 24E DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 101,692. MANAGEMENT AND GENERAL EXPENSES 127,346. FUNDRAISING EXPENSES 2,991. TOTAL EXPENSES 232,029. INSTITUTIONAL INSURANCE: PROGRAM SERVICE EXPENSES 138,352. MANAGEMENT AND GENERAL EXPENSES 24,466. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162,818. MAINTENANCE AND REPAIRS: PROGRAM SERVICE EXPENSES 146,096. MANAGEMENT AND GENERAL EXPENSES 16,037. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162,133. CAMPUS SAFETY: PROGRAM SERVICE EXPENSES 110,977. MANAGEMENT AND GENERAL EXPENSES 31,629. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142,606. ATHLETIC TOURNAMENT EXPENSES: PROGRAM SERVICE EXPENSES 101,303. MANAGEMENT AND GENERAL EXPENSES 33,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,071. STUDENT INSURANCE: PROGRAM SERVICE EXPENSES 96,306. MANAGEMENT AND GENERAL EXPENSES 32,102. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 128,408. EQUIPMENT: PROGRAM SERVICE EXPENSES 70,961. MANAGEMENT AND GENERAL EXPENSES 48,733. FUNDRAISING EXPENSES 142. TOTAL EXPENSES 119,836. TELEPHONE EXPENSE: PROGRAM SERVICE EXPENSES 1,596. MANAGEMENT AND GENERAL EXPENSES 117,351. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 118,947. TUITION WAIVER: PROGRAM SERVICE EXPENSES 87,521. MANAGEMENT AND GENERAL EXPENSES 23,470. FUNDRAISING EXPENSES 2,130. TOTAL EXPENSES 113,121. STUDENT ACTIVITY EXPENSE: PROGRAM SERVICE EXPENSES 83,671. MANAGEMENT AND GENERAL EXPENSES 27,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,027. RESTRICTED EXPENDITURES: PROGRAM SERVICE EXPENSES 87,549. MANAGEMENT AND GENERAL EXPENSES 16,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,924. OTHER ATHLETIC EXPENSES: PROGRAM SERVICE EXPENSES 75,270. MANAGEMENT AND GENERAL EXPENSES 25,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,360. COPYING AND PRINTING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 97,542. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,542. NETWORKING EXPENSES: PROGRAM SERVICE EXPENSES 88,230. MANAGEMENT AND GENERAL EXPENSES 5,181. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,411. INSTITUTIONAL ASSESSMENT: PROGRAM SERVICE EXPENSES 58,700. MANAGEMENT AND GENERAL EXPENSES 22,494. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,194. MEDICAL SUPPLIES: PROGRAM SERVICE EXPENSES 44,779. MANAGEMENT AND GENERAL EXPENSES 14,926. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,705. POSTAGE: PROGRAM SERVICE EXPENSES 1,822. MANAGEMENT AND GENERAL EXPENSES 29,527. FUNDRAISING EXPENSES 21,214. TOTAL EXPENSES 52,563. BANK/CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 42,347. FUNDRAISING EXPENSES 1,031. TOTAL EXPENSES 43,378. PUBLICATIONS - STUDENT LIFE: PROGRAM SERVICE EXPENSES 1,889. MANAGEMENT AND GENERAL EXPENSES 130. FUNDRAISING EXPENSES 32,697. TOTAL EXPENSES 34,716. COMMENCEMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,399. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,399. OTHER MISC EXPENSES: PROGRAM SERVICE EXPENSES 12,268. MANAGEMENT AND GENERAL EXPENSES 9,932. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,200. RECRUITMENT EXPENSE: PROGRAM SERVICE EXPENSES 18,016. MANAGEMENT AND GENERAL EXPENSES 1,808. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,824. FACULTY DEVELOPMENT: PROGRAM SERVICE EXPENSES 19,597. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,597. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 13,800. MANAGEMENT AND GENERAL EXPENSES 2,993. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,793. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 3,523. MANAGEMENT AND GENERAL EXPENSES 3,642. FUNDRAISING EXPENSES 9,398. TOTAL EXPENSES 16,563. HOMECOMING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,616. TOTAL EXPENSES 15,616. OTHER GRANT EXPENDITURES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,378. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,378. COST OF ACCRUED VACATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,699. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,699. FACULTY/STAFF MEALS: PROGRAM SERVICE EXPENSES 208. MANAGEMENT AND GENERAL EXPENSES 10,363. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,571. LIBRARY EXPENSES: PROGRAM SERVICE EXPENSES 7,062. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,062. ATHLETIC TEAM MEALS: PROGRAM SERVICE EXPENSES 4,604. MANAGEMENT AND GENERAL EXPENSES 1,535. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,139. CHOIR EXPENSES: PROGRAM SERVICE EXPENSES 4,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,350. PLANT SUPPLIES: PROGRAM SERVICE EXPENSES 375. MANAGEMENT AND GENERAL EXPENSES 125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 500. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERKINS LOAN 1,382. CHANGE IN VALUE OF TRUSTS HELD BY THIRD PARTY 58,892. 990 PART XII PAGE 12 LINE 2D THE OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE FINANCIAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.