2018-01-30T08:21:06-06:00 2017-05-31 621736974 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2016-06-01 620599339 CUMBERLAND UNIVERSITY CUMB 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 370873408 JUDY JORDAN VICE PRESIDENT/FINANCE 6155471249 2018-01-25 1 PAUL B VANTREASE JR CPA P01216364 6158936666 2018-01-25 X 64.50.81.194 2018-01-25 14:41:12 CS P 97E05F5AF6BB321E3BD2A0A0E71BF00898667170 F36CB9BD1FA59F52EE2247A48038D0E00E48D8F7 2016 2021-01-29 14:40:06Z JUDY JORDAN ONE CUMBERLAND SQ LEBANON TN 37087 39556140 0 X WWW.CUMBERLAND.EDU X 1842 TN PROVIDING PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 25 25 562 0 0 0 3467500 4860088 29763477 32446252 451205 855833 -36612 -61505 33645570 38100668 13771247 15741671 0 0 9765231 10386633 0 0 490865 10484126 10899582 34020604 37027886 -375034 1072782 35984484 37148681 10286283 10557470 25698201 26591211 X TO PROVIDE PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 0 0 8494309 27503192 INSTRUCTION - PRIVATE UNIVERSITY PROVIDING EDUCATION FOR APPROXIMATELY 1,265 FULL-TIME AND 393 PART-TIME UNDERGRADUATE AND 305 GRADUATE STUDENTS THROUGH ITS FIVE UNDERGRADUATE DIVISIONS AND GRADUATE PROGRAMS. 4703323 5798893 STUDENT SERVICES - PROVIDE SERVICES TO THE APPROXIMATELY 1,963 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS. 1717837 OTHER SERVICES - SERVICES OPERATED FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY, AND STAFF. 15741671 15741671 GRANTS & ALLOCATIONS - PROVIDES ASSISTANCE THROUGH FUNDED AND UNFUNDED SCHOLARSHIPS AND AWARDS TO THE APPROX 1,502 STUDENTS AND THROUGH GOVT FUNDED STUDENT FINANCIAL AID PROGRAMS TO APPROX 824 STUDENTS QUALIFYING FOR GOVT ASSISTANCE. 15741671 15741671 30657140 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 1 1 0 1 0 0 0 0 0 0 0 0 1 55 0 562 1 0 0 0 0 0 1 1 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X MS JUDY JORDAN 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 370873554 ROBERT CARVER BONE MD CHAIRMAN EMERITUS 1.00 X 0 0 0 W P BONE III SECRETARY-TREASURER 2.00 X X 0 0 0 J RANDALL CLEMONS TRUSTEE 1.00 X 0 0 0 SANDRA MOSS DUNCAN TRUSTEE 1.00 X 0 0 0 J SAMUEL HATCHER TRUSTEE 2.00 X 0 0 0 BOB MCDONALD CHAIRMAN 4.00 X 0 0 0 MARK RIGGINS TRUSTEE 1.00 X 0 0 0 ANNE B ROBERTS TRUSTEE 1.00 X 0 0 0 DR EDWARD L THACKSTON PHD TRUSTEE 2.00 X 0 0 0 W JOSEPH ADAMS TRUSTEE 2.00 X 0 0 0 JACQUELINE COWDEN TRUSTEE 1.00 X 0 0 0 BOB N VERO EDD VICE CHAIRMAN 2.00 X 0 0 0 JOHN VAN MOL TRUSTEE 1.00 X 0 0 0 GREG DUGDALE TRUSTEE 1.00 X 0 0 0 CATHY GRACEY TRUSTEE 1.00 X 0 0 0 JOHN D WOOTTEN JR THE HONORABLE TRUSTEE 1.00 X 0 0 0 ANDRE L CHURCHWELL MD TRUSTEE 1.00 X 0 0 0 MICHAEL SPALDING MD TRUSTEE 1.00 X 0 0 0 WAYNE STARKS TRUSTEE 1.00 X 0 0 0 J ROY WAUFORD TRUSTEE 1.00 X 0 0 0 PAUL STUMB PRESIDENT 40.00 X X 210000 0 0 W LARRY CASH TRUSTEE 1.00 X 0 0 0 WILLIAM C KOCH JR TRUSTEE 1.00 X 0 0 0 LEWIS W RANKIN TRUSTEE 1.00 X 0 0 0 J RODERICK HELLER III TRUSTEE 1.00 X 0 0 0 WILLIAM L VALLETT TRUSTEE 1.00 X 0 0 0 JUDY JORDAN VP FINANCE 40.00 X 98700 0 0 W RUSTY RICHARDSON VP ADVANCEMENT 40.00 X 109333 0 0 C WILLIAM MCKEE PROVOST, VP ACADEMIC AFFAIRS 40.00 X 108570 0 0 RON PAVAN VP ENROLLMENT, ATHLETIC DIRECTOR 40.00 X 109200 0 0 JOE GRAY VP FOR IT, CAMPUS SERVICES 40.00 X 68250 0 0 DR HARVILL EATON PHD FORMER UNIVERSITY PRESIDEN 1.00 X 154301 0 0 858354 0 0 5 1 1 0 CHARTWELLS DINING SERVICE PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICE PROVIDER 1423213 SODEXO OPERATIONS 283 CRANES ROOST BLVD ALTAMONTE SPRINGS FL 32701 CAMPUS MAINTENANCE SERVICES 1116881 CAPITAL EDUCATION LLC 1650 TYSON BLVD STE 630 MCLEAN VA 22102 IT PLATFORM/MARKETING 985091 ALLIANCE BUILDING SERVICES 225 UNIVERSITY AVE LEBANON TN 37087 SECURITY SERVICES 314950 BBA TEXTBOOK BROKERS 103 WHITE BRIDGE PIKE STE 3 NASHVILLE TN 37209 TEXTBOOK BROKER 223627 5 148131 2568665 2143292 4860088 TUITION & FEES 611310 27503192 27503192 STUDENT ROOM AND BOARD 611310 4116398 4116398 AUXILIARY ENTERPRISES 611310 568336 568336 SUMMER CAMP, PROFESSIONAL WORKSHO 611310 258326 258326 32446252 355276 355276 1798769 1298212 500557 500557 500557 20259 148131 105071 -84812 -84812 75496 52189 23307 23307 38100668 33302085 0 -61505 15741671 15741671 847118 168900 467218 211000 8107632 7079762 908846 119024 248580 201220 38199 9161 422150 341721 64871 15558 761153 616136 116965 28052 686927 686927 2686555 1110870 1537413 38272 62892 9960 48861 4071 2634383 1847521 734540 52322 1322901 128610 1194291 2060150 2012369 41838 5943 2799 1535 1264 185243 185243 842424 842424 154910 154910 MEMBERSHIPS/SUBSCRIPTIO 94317 49062 39057 6198 BOOKSTORE LABOR/SUPPLIE 68134 68134 RECRUITING 40682 40682 MISCELLANEOUS 40431 39576 855 16834 16834 37027886 30657140 5879881 490865 2812371 3927494 150996 57913 1732619 1871334 172998 134780 54572 63553 300155 244855 38678808 19365354 19760753 19313454 10033697 11097902 943883 437396 22440 0 35984484 37148681 1764069 2081924 2284331 2461387 5995000 5848600 242883 165559 10286283 10557470 X 13568332 13717517 6052625 6314924 6077244 6558770 25698201 26591211 35984484 37148681 X 1072782 -174709 -5063 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 10977579 372160 692213 506654 11535298 11574262 148842 -233918 511607 10977579 11527400 314292 267429 11574262 10287673 1372461 132734 11527400 9352255 935418 10287673 0.35430 0.56150 0.08420 0 0 1072098 1072098 28451712 11500036 16951676 7460869 6452682 1008187 1694129 1412636 281493 19313454 FEDERAL STUDENT LOAN FUNDS 165559 165559 X 24909801 -174709 157260 -17449 24927250 13173418 13173418 38100668 24016791 162323 162323 23854468 13173418 13173418 37027886 PART III, LINE 4: THE UNIVERSITY HOUSES A COLLECTION OF MOUNTED ANIMAL SPECIES FROM VARIOUS COUNTRIES IN ITS ADMINISTRATION BUILDING. THE COLLECTION IS VISITED FREQUENTLY BY CLASSES FROM DAY CARES, ELEMENTARY SCHOOLS, AND THE GENERAL PUBLIC. THE UNIVERSITY HOUSES A COLLECTION OF HISTORICAL RECORDS INCLUDING ORIGINAL MINUTES FROM ITS ORIGINATION IN THE LIBRARY ARCHIVES. THESE RECORDS ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT FOR PERSONAL RESEARCH AND ARE PRESERVED FOR FUTURE GENERATIONS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. AT MAY 31, 2017, THE UNIVERSITY'S TAX RETURNS RELATED TO FISCAL YEARS ENDED MAY 31, 2014 THROUGH MAY 31, 2016 REMAIN OPEN TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 52,189. FUNDRAISING EXPENSES 105,071. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 13,173,418. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 52,189. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,063. FUNDRAISING EXPENSES 105,071. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 13,173,418. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN COMMERCIALS AND MEDIA COVERAGE OF THE UNIVERSITY, THE NONDISCRIMINATORY POLICY IS MENTIONED. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES MONIES FROM U.S. DEPT OF EDUCATION AND TENNESSEE STUDENT ASSISTANCE CORPORATION IN THE FORM OF VARIOUS GRANTS. FEDERAL GRANTS INCLUDE PELL, SEOG, FEDERAL WORK STUDY. UNIVERSITY ALSO MAINTAINS ELIGIBILITY TO PARTICIPATE IN FEDERAL STAFFORD LOAN AND FEDERAL PERKINS LOAN PROGRAMS. STATE GRANTS RECEIVED IN FORM OF TSAC AND VOCATIONAL REHAB GRANTS. PHOENIX BALL 168390 148131 20259 105071 168390 148131 20259 105071 105071 -84812 1 STUDENT SCHOLARSHIPS 1265 15741671 PART I, LINE 2: STUDENTS ARE VERIFIED FOR ELIGIBILITY AND FUNDS ARE POSTED TO EACH STUDENT'S ACCOUNT. ACCOUNT IS REFUNED IF NOT USED IN SPECIFIED TIME OR IF STUDENT WITHDRAWS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 PAUL STUMB PRESIDENT 210000 0 0 0 0 0 0 0 0 0 210000 0 0 0 DR HARVILL EATON PHD FORMER UNIVERSITY PRESIDEN 154301 0 0 0 0 0 0 0 0 0 154301 0 0 0 WP BONE OWNER - WILSON COUNTY MOTORS 11400 VEHICLE EXPENSE - REPAIRS 0 0 0 0 X 1 X 1 X 1 X USE OF SPACE/RENT 1 0 FAIR MARKET VALUE OF X ADVERTISING 1 0 X WATER HEATER 1 0 X OTHER 1 0 0 1 1 PART I, LINE 32B: WACHOVIA IS HIRED TO SELL GIFTS OF SECURITIES FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: TWO DIRECTORS OF CUMBERLAND UNIVERSITY ARE ALSO DIRECTORS OF CEDARSTONE BANK, ONE OF WHOM IS THE PRESIDENT OF THE BANK. THE MEMBERS ARE BOB MCDONALD AND JACKIE COWDEN. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUST (ALL UNPAID) APPOINTS A COMMITTEE (EXCLUSIVE OF BOARD OFFICERS) TO EVALUATE THE PRESIDENT'S PERFORMANCE COMPARED TO ESTABLISHED GOALS. THE COMMITTEE USES AAUP SURVEYS FOR COMPARABLE SCHOOLS AND RECOMMENDS TO THE BOARD ANY CHANGES IN SALARY SUBJECT TO THE COMPLETE BOARD OF TRUST VOTE. MINUTES ARE KEPT OF COMMITTEE AND BOARD MEETINGS TO SUBSTANTIATE THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -5,063. FORM 990, PART XI, LINE 2C THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED FORM 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING.