2017-01-13T11:55:54-06:00 2016-05-31 272616366 Ebelhar Whitehead PLLC 100 West Third Street Suite 200 Owensboro KY 42303 990 2015-06-01 610660795 Brescia University Inc BRES 2706864239 717 Frederica Street Owensboro KY 423013023 DALE R CECIL SECRETARY/TREASURER 2706864239 2017-01-12 1 Joshua D Meyer CPA P01229485 2709262922 2015 2021-01-29 14:40:06Z FR LARRY HOSTETTER 616 CRITTENDEN STREET OWENSBORO KY 42301 29644782 0 X WWW.BRESCIA.EDU X 1950 KY CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 43 39 388 43 0 0 5367993 1746811 17048528 16366748 2040327 345025 5274 -1051 24462122 18457533 5167662 4717242 0 0 7626509 7963581 3011 0 321465 5614760 5465844 18411942 18146667 6050180 310866 33949153 34132982 5947104 6520642 28002049 27612340 CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS. 0 0 16517176 4717242 16346182 UNDERGRADUATE AND GRADUATE EDUCATION 16517176 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1155 0 1 388 1 0 0 0 0 0 0 0 0 0 0 X 43 39 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X DALE R CECIL 2706864239 717 FREDERICA STREET OWENSBORO KY 42301 J Edward Bradley Trustee 1.00 X 0 0 0 Lark Buckman Trustee 1.00 X 0 0 0 Jamie Buskill Trustee 1.00 X 0 0 0 Kevin Carrico Trustee 1.00 X 0 0 0 Patrick Cason Trustee 1.00 X 0 0 0 Carl Greenwell Trustee 1.00 X 0 0 0 Susie Harris Trustee 1.00 X 0 0 0 Julia Head Trustee 1.00 X 0 0 0 Rick Higdon Trustee 1.00 X 0 0 0 Darrell Higginbotham Trustee 1.00 X 0 0 0 Larry Hostetter President 37.50 X X 93202 0 13564 Charles Kamuf Trustee 1.00 X 0 0 0 William Medley Trustee 1.00 X 0 0 0 Joseph Moore Trustee 1.00 X 0 0 0 Larry O'Bryan Trustee 1.00 X 0 0 0 Kathryn Raymer Trustee 1.00 X 0 0 0 Michael Reynolds Trustee 1.00 X 0 0 0 Roy Roberts Trustee 1.00 X 0 0 0 Kevin Schwartz Trustee 1.00 X 0 0 0 Carol Shively Trustee 1.00 X 0 0 0 Vicki Stogsdill Trustee 1.00 X 0 0 0 Glenn Sturm Trustee 1.00 X 0 0 0 Sharon Sullivan Trustee 1.00 X 0 0 0 Ernie Taliaferro Trustee 1.00 X 0 0 0 Thomas Thompson Trustee Emeritus 1.00 X 0 0 0 William Young III Trustee Emeritus 1.00 X 0 0 0 Robert Best Trustee Emeritus 1.00 X 0 0 0 Joseph Angela Boone Trustee Emeritus 1.00 X 0 0 0 Sam Dunlaney Trustee Emeritus 1.00 X 0 0 0 John McRaith Trustee Emeritus 1.00 X 0 0 0 Donald Riney Trustee Emeritus 1.00 X 0 0 0 Waitman Taylor Trustee Emeritus 1.00 X 0 0 0 Ronald Tisch Trustee Emeritus 1.00 X 0 0 0 Tom Lilly Trustee 1.00 X 0 0 0 Dean Jones Trustee 1.00 X 0 0 0 Michael Scherm Trustee 1.00 X 0 0 0 Larry Conder Trustee 1.00 X 0 0 0 Diane Hatchett Trustee 1.00 X 0 0 0 JIM WEAFER TRustee 1.00 X 0 0 0 CARLEIGH BRIGHT SGA REP 1.00 X 0 0 0 JIM DEMAIO ALUMNI REP 1.00 X 0 0 0 Sydney Warren Staff Assembly Rep 37.50 X 50370 0 10457 Nancy Keeton Professor, FACULTY REP 37.50 X 59122 0 11297 Chris Houk V.P. of Enrollment 37.50 X 88026 0 13291 Tracy Naylor V.P. of Institutional Adva 37.50 X 64626 0 11881 Josh Clary V.P. of Student Developmen 37.50 X 50022 0 16549 Dale Cecil Secretary/Treasurer 37.50 X 75965 0 23665 Cheryl Clemons V.P. of Academic Affairs 37.50 X 0 0 0 481333 0 100704 0 0 0 0 EOA ARCHITECTS PLLC 515 MAIN STREET NASHVILLE TN 37206 ARCHITECT 621422 LEARNING HOUSE INC 427 SOUTH FOURTH STREET LOUISVILLE KY 40202 ONLINE COURSES 575000 CANTEEN SERVICE COMPANY PO BOX 1785 OWENSBORO KY 42302 STUDENT DINING 537597 ROYALL & COMPANY 1920 E PARHAM RD RICHMOND VA 23228 MARKETING SERVICES 147921 BUILDINGS BY WAYNE BAKER INC 4100 VINCENT STATION DRIVE OWENSBORO KY 42303 RENOVATIONS 116855 7 394351 1352460 126511 1746811 TUITION & FEES 611600 14108969 14108969 AUXILIARY INCOME 611600 2128687 2128687 MISC STUDENT SERVICES 611600 107965 107965 STUDENT LOAN INTEREST 611600 21127 21127 16366748 249143 249143 132267 116947 15320 15320 15320 10701733 1000 10598656 8195 103077 -7195 95882 95882 447080 463451 -16371 -16371 18457533 16350377 0 360345 4717242 4717242 753251 603507 149744 5830849 5258852 495810 76187 197213 173511 21136 2566 797699 727409 56790 13500 384569 303123 75833 5613 5650 5650 49300 49300 75445 75445 816221 816221 278700 257881 20819 723787 719396 4391 138940 138940 661979 661979 472797 424152 48645 13265 13265 158778 158778 761038 761038 178879 178879 STUDENT MEALS 501529 501529 REPAIRS & MAINTENANCE 334668 334668 BAD DEBTS 294868 294868 18146667 16517176 1308026 321465 5426943 7235674 3270367 2187340 243473 197877 1325530 1131992 26903 30706 10073 8031 28639150 17275214 10569222 11363936 13061277 11961754 15365 15672 33949153 34132982 1006608 1320097 214853 764739 819515 640506 2919105 2815726 987023 979574 5947104 6520642 X 7973824 9080206 10152936 8597368 9875289 9934766 28002049 27612340 33949153 34132982 310866 -700575 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12522932 54839 -422503 594350 11560918 12242206 62191 788159 569624 12522932 10988183 58730 1587829 392536 12242206 9606341 96103 1660655 357010 17906 10988183 10351168 177499 -519671 379271 23384 9606341 0.02920 0.83500 0.13580 1 0 45861 18810777 11092151 7764487 4203390 3591042 612348 5579122 2592021 2987101 11363936 DEPOSITS HELD IN CUSTODY FOR OTHERS 3150 ASSET RETIREMENT OBLIGATION 266732 REFUNDABLE US GOVERNMENT STUDENT LOAN FUNDS 709692 979574 X 14891280 17700 580398 598098 14293182 75445 4088906 4164351 18457533 14256210 17700 580398 598098 13658112 75445 4413110 4488555 18146667 Part V, Line 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, CAMPUS MAINTENANCE, AND ACADEMIC CHAIRS. Part X, Line 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY QUALIFIED FOR CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE UNVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2013. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES 116,947. COGS 463,451. Part XI, Line 4b - Other Adjustments: TUITION REMISSION/SCHOLARSHIP 4,373,735. NON-OPERATING INVESTMENT INCOME/LOSS -284,829. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES 116,947. COGS 463,451. Part XII, Line 4b - Other Adjustments: TUITION REMISSION/SCHOLARSHIP 4,373,735. CHANGE IN STUDENT LOAN RESERVE 39,375. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 CATALOG AND SOLICITATION MATERIAL HAVE STATEMENTS REGARDING NONDISCRIMINATION. Schedule E, Part I, Line 6 THE ORGANIZATION RECEIVES ASSISTANCE FROM TITLE IV FINANCIAL AID AND TRIO GRANT. 1 EDUCATIONAL SCHOLARSHIPS/GRANTS 751 4717242 0 Part I, Line 2: THE UNIVERSITY FINANCIAL AID OFFICE AWARDS GRANTS BASED ON DOE TITLE IV REGULATIONS AND UNIVERSITY APPROVED POLICIES. X 7 13000 DONOR PROVIDED X 2 100111 STOCK QUOTE X AREA RUGS 100 12500 DONOR PROVIDED 0 0 0 Form 990, Part VI, Section B, line 11 THE ORGANIZATION WILL DISTRIBUTE A DRAFT OF THE FORM 990 VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH REPRESENTS THE CHAIR OF EACH OF THE BOARD COMMITTEES, PREVIOUS BOARD CHAIR, BISHOP OF DIOCESE OF OWENSBORO, AND THE CONGREGATIONAL LEADER OF ST. JOSEPH FEMALE URSULINE ACADEMY. Form 990, Part VI, Section B, line 12c ANY TRANSACTIONS/DECISIONS THAT COULD HAVE POTENTIAL CONFLICT ARE MONITORED BY THE PRESIDENT, CABINET AND BOARD. Form 990, Part VI, Section B, line 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES RECEIVED A COMPENSATION REVIEW IN 2016 BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.