2017-11-15T10:58:58-06:00 2016-12-31 050568611 SALMON SIMS THOMAS & ASSOCIATES PLLC 12720 HILLCREST ROAD SUITE 500 DALLAS TX 752302039 990 2016-01-01 454620000 HALLMARK UNIVERSITY INC HALL 2106909000 10401 IH 10 WEST SAN ANTONIO TX 782301736 JOE FISHER CEO 2106909000 2017-11-15 1 William H Sims P00004539 9723921143 2017-11-15 13.65.251.81 2017-11-15 10:58:57 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2016 2021-01-29 14:40:06Z JOE FISHER CEO 10401 IH 10 WEST SAN ANTONIO TX 782301736 14961888 0 X www.hallmarkuniversity.edu X 2012 TX ESTABLISH, MAINTAIN, & CONDUCT POST- SECONDARY, SECONDARY, & PRIMARY INSTITUTIONS OF LEARNING UNDER THE INFLUENCE OF JUDEO-CHRISTIAN PRINCIPLES IN SAN ANTONIO, TEXAS. 11 9 171 0 0 0 34050 52913 13000058 14629337 10225 4020 2242649 257260 15286982 14943530 121276 283202 0 0 6747292 6631775 0 0 18358 7886265 7120338 14754833 14035315 532149 908215 29153114 29774162 25283581 24996414 3869533 4777748 X HALLMARK UNIVERSITY, INC.'S MISSION IS TO ESTABLISH, MAINTAIN, AND CONDUCT POST-SECONDARY, SECONDARY, AND PRIMARY INSTITUTIONS OF LEARNING UNDER THE INFLUENCE OF JUDEO-CHRISTIAN PRINCIPLES IN SAN ANTONIO, TEXAS, AND ELSEWHERE AS MAY BE DEEMED ADVISABLE. THE ORGANIZATION AND ALL OF ITS AGENCIES SHALL BE NONDISCRIMINATORY - OPEN TO BOTH SEXES AND TO THOSE OF ANY RACE OR RELIGION; ESTABLISHING EDUCATIONAL AND LEARNING PARTNERSHIPS WITH INDUSTRY; ESTABLISHING INSTITUTIONS OF EXCELLENCE THROUGH A LEARNING ENVIRONMENT THAT PROMOTES THE IMPORTANCE OF CHARACTER AND VIRTUE IN BUSINESS, EDUCATION, RELIGION, RESEARCH, ARTS, GOVERNMENT, AND COMMUNITY SERVICE; TO OBTAIN ALL ACCREDITATIONS AND LICENSES REQUIRED TO PARTICIPATE IN ANY UNITED STATES DEPARTMENT OF EDUCATION STUDENT LOAN AND/OR GRANT PROGRAMS/ AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES INCIDENTAL TO THE FOREGOING PURPOSES. 0 0 5277477 283202 14945922 HALLMARK UNIVERSITY INC. PUTS STUDENTS IN CONTROL OF THEIR FUTURES, GUIDING THEM TO BETTER LIVES. THROUGH HANDS-ON AND CLASSROOM TRAINING, STUDENTS LEARN THE PROPER TOOLS AND TECHNIQUES REQUIRED TO BECOME SUCCESSFUL. COMPREHENSIVE COURSES GIVE STUDENTS VALUABLE TIME WORKING IN THEIR CHOSEN FIELD IN REAL-WORLD SETTINGS. THE UNIVERSITY HAS PROGRAMS IN AERONAUTICS, ALLIED HEALTH, BUSINESS, INFORMATION TECHNOLOGY AND NURSING. 5277477 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 19 0 1 171 1 0 0 0 0 0 1 1 0 0 0 0 X 11 9 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X JOE FISHER 2106909000 10401 IH 10 WEST SAN ANTONIO TX 782301736 RICHARD FESSLER TRUSTEE/DIRECTOR 30.00 X 70849 0 4650 DEAN RUSH CHAIRMAN/DIRECTOR 5.00 X 0 0 0 PHIL HARRIS SECRETARY/DIRECTOR 5.00 X 0 0 0 JOE FISHER CEO/DIRECTOR/TRUSTEE 40.00 X X 182292 0 6319 DAVID MARTINEZ DIRECTOR/TRUSTEE 5.00 X 0 0 0 WN CHUCK CARROLL DIRECTOR/TRUSTEE 5.00 X 0 0 0 CAROLYN FESSLER DIRECTOR/TRUSTEE 30.00 X 7202 0 2554 BRENT FESSLER DIRECTOR/TRUSTEE 40.00 X 138043 0 11939 ROBERT LUNA TRUSTEE/DIRECTOR 5.00 X 0 0 0 JERRY VALDEZ TRUSTEE/DIRECTOR 5.00 X 0 0 0 VANESSA KENON TRUSTEE/DIRECTOR 5.00 X 0 0 0 paul nguyen trustEE/DIRECTOR 5.00 X 0 0 0 brandon logan trustEE/DIRECTOR 5.00 X 0 0 0 SONIA ROSS VP-MARKETING 40.00 X 135794 0 4520 DONALD GREGSON Sr. Vice President Operati 40.00 X 132494 0 4546 TAYLOR MERCIER chief information officer 40.00 X 114922 0 11193 SLAVA ROSS vp-admissions 40.00 X 114618 0 3977 gabriel oluwakotanmi director of nursing 40.00 X 114642 0 7779 1010856 0 57477 7 0 1 0 0 36300 16613 52913 TUITION AND FEES 611600 14629337 14629337 14629337 4020 4020 20750 36300 18358 2392 2392 miscellaneous income 900099 254868 254868 254868 14943530 14884205 0 6412 51690 51690 231512 231512 945912 945912 4940277 2654024 2286253 75301 39681 35620 150007 80872 69135 520278 244278 276000 128948 128948 46397 46397 86363 699 85664 2135241 2135241 641870 321836 320034 157399 157399 1465652 91209 1374443 19450 340 19110 44666 2105 42561 470754 470754 253024 253024 92985 92985 BAD DEBTS 933430 933430 BOOKS 625801 625801 fundraising expenses 18358 18358 14035315 5277477 8739480 18358 294015 662598 1243966 1478609 1786419 2155013 249446 132622 95048 79899 2238432 899720 1556123 1338712 23928097 23926709 29153114 29774162 1784990 1752331 695467 462970 22803124 22781113 25283581 24996414 X 3830283 4720753 39250 56995 3869533 4777748 29153114 29774162 908215 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39250 29745 12000 56995 29750 21500 12000 39250 30250 500 29750 1.00000 0 0 223709 51274 172435 1701540 715662 985878 313183 132784 180399 1338712 DUE FROM RELATED PARTY 6265 INTANGIBLES 22642000 GOODWILL 1278444 23926709 OBLIGATIONS UNDER CAPITAL LEASES 349089 notes payable to related party 22432024 22781113 X 14943530 0 14943530 0 14943530 14035315 0 14035315 0 14035315 Part V, Line 4: As December 31, 2016, temporarily restricted net assets were Restricted FOR USE IN THE FOLLOWING PROGRAMS: STUDENT SCHOLARSHIP FUNDS $40,995 STUDENT ASSISTANCE/ OUTREACH 500 TRAINING AIRCRAFT FOR A&P MAINTENANCE PROGRAM 15,500 TOTAL $56,995 Part X, Line 2: MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF THE FASB ASC TOPIB 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO AMOUNTS HAVE BEEN ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL AND STATE TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 HALLMARK UNIVERSITY, INC. WAS NOT OPERATIONAL AS AN EXEMPT NONPROFIT ENTITY UNTIL 2013. THE SCHOOL COMPLIES WITH ALL NONDISCRIMINATORY POLICY PUBLICATION REQUIREMENTS SET FORTH IN REV. PROC. 75-50, 1975-2 C.B. 587. Schedule E, Part I, Line 6 HALLMARK UNIVERSITY, INC. PARTICIPATES IN STUDENT FINANCIAL AID (SFA) UNDER THE TITLE IV PROGRAMS ADMINISTERED BY THE ED PURSUANT TO THE HIGHER EDUCATION ACT OF 1965, AS AMENDED (HEA). t4C LUNCHEON 36300 15550 20750 8445 9913 36300 15550 20750 8445 9913 18358 2392 1 INTERCESSORS INTERNATIONAL DBA INCREASE INTERNATIONAL PO BOX 390 BULVERDE TX 78163 751403042 501(C)(3) 5500 CASH N/A GENERAL SUPPORT OAK HILLS CHURCH OF CHRIST 6929 CAMP BULLIS ROAD SAN ANTONIO TX 78256 741676249 501(C)(3) 30000 CASH N/A GENERAL SUPPORT SCHOLARSHIPS 69 231512 CASH Part I, Line 2: HALLMARK MAKES GRANTS TO WORTHY ORGANIZATIONS THAT HAVE THE SAME BELIEFS AS THE UNIVERSITY. X X X X 0 0 0 0 0 0 0 0 0 JOE FISHER CEO/DIRECTOR/TRUSTEE 182292 0 0 0 0 0 6300 0 19 0 188611 0 0 0 Part I, Line 3 A SURVEY WAS CONDUCTED TO ESTABLISH COMPENSATION. HALLMARK UNIVERSITY ALSO HAS A written employment contract, COMPENSATION COMMITTEE, AND COMPENSATION DECISIONS MUST BE APPROVED BY THE BOARD. eaglemount lp entity owned by RICHARD, CAROLYN & BRENT FESSLER & JOE FISHER 22432024 NOTE PAYABLE TO PURCHASE INTANGIBLES 0 FIDELIA LP ENTITY OWNED by RICHARD & CAROLYN FESSLER 120000 RENT 0 DEARBORNE LP ENTITY OWNED by RICHARD & CAROLYN FESSLER 397800 RENT 0 EPHRAIM LP ENTITY OWNED by RICHARD & CAROLYN FESSLER 42000 RENT 0 MILLION AIR SAN ANTONIO ENTITY OWNED by RICHARD FESSLER & MARK FESSLER (RICHARD FESSLER'S SON) 47950 ADMINISTRATIVE FEES FOR FACILITIES 0 Form 990, Part VI, Section A, line 2 RICHARD FESSLER, CAROLYN FESSLER AND BRENT FESSLER HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED FOR ACCURACY AND COMPLETENESS BY HALLMARK UNIVERSITY'S VP OF FINANCE AND CEO. A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE FILING WITH THE IRS. Form 990, Part VI, Section B, line 12c THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ON A YEARLY BASIS. Form 990, Part VI, Section B, line 15 AN INDEPENDENT CPA FIRM COMPILED COMPENSATION DATA FROM COMPARABLE ORGANIZATIONS; DATA WAS SUBMITTED TO THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE. AFTER REVIEWING THE COMPENSATION DATA, THE COMMITTEE AUTHORIZED SALARIES FOR THE ORGANIZATION'S CEO, OTHER OFFICERS, AND KEY EMPLOYEES. 5-YEAR CONTRACTS WERE EXECUTED FOR THE AUTHORIZED COMPENSATION, FOR ALL APPLICABLE EMPLOYEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII Contact Addresses for Officers, Directors, Etc DEAN RUSH - 1703 KATY SHADOW LANE, KATY, TX 77494. PHIL HARRIS - 13114 CREEK BRIAR, SAN ANTONIO, TX 78230. DAVID MARTINEZ - 4509 ben hogan dr., MCALLEN, TX 78503. W.N. "CHUCK" CARROLL - 17822 SALADO DRAW, SAN ANTONIO, TX 78258. ROBERT LUNA - 1175 WEST BITTERS RD, BUILDING 1, SAN ANTONIO, TX 78216. JERRY VALDEZ - PO BOX 12031, AUSTIN, TX 78711. VANESSA KENON - 25057 TOUTANT BEAUREGARD ROAD, SAN ANTONIO, TX 78255. paul nguyen - 10636 newcroft place, helotes, TX 78023. brandon logan - 4408 pinehurst mesa, san ANTONIO, TX 78247.