2017-04-17T11:08:44-07:00 2016-05-31 990 2015-06-01 560529999 HIGH POINT UNIVERSITY HIGH 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 Deborah Butt VICE PRESIDENT - FINANCIAL AFFAIRS 3368419202 2017-04-17 2015 2021-01-29 14:40:06Z DEBORAH BUTT ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 255523730 0 X WWW.HIGHPOINT.EDU X 1928 NC THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 40 36 2523 100 67941 66941 33291966 31426550 186451163 206806729 2499993 2558508 370628 483120 222613750 241274907 30055657 33371745 0 0 53524333 59571249 0 0 1377633 83160879 93681868 166740869 186624862 55872881 54650045 593101652 626683179 201162007 184973434 391939645 441709745 X THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 0 0 139983074 32914824 145079169 HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 4360 UNDERGRADUATE STUDENTS THROUGH ITS HAYWORTH COLLEGE OF ARTS & SCIENCES, PHILLIPS SCHOOL OF BUSINESS, QUBEIN SCHOOL OF COMMUNICATIONS, AND SCHOOLS OF ART & DESIGN, EDUCATION AND HEALTH SCIENCES. THE UNIVERSITY, THROUGH ITS NORCROSS GRADUATE SCHOOL, ALSO SERVES APPROXIMATELY 200 GRADUATE STUDENTS SEEKING DEGREES IN BUSINESS ADMINISTRATION, EDUCATION, ATHLETIC TRAINING, PHYSICIAN ASSISTANT AND STRATEGIC COMMUNICATION. 0 0 50004 HIGH POINT UNIVERSITY ALSO SERVES APPROXIMATELY 10 ADULT STUDENTS THROUGH ITS EVENING DEGREE PROGRAM. THIS PROGRAM IS BEING PHASED OUT. NO NEW STUDENTS ARE BEING ACCEPTED, CURRENT STUDENTS ARE FINISHING THE PROGRAM LIFE CYCLE. 0 0 0 139983074 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 1 6057 0 1 2523 1 1 1 0 0 0 0 1 1 0 0 0 0 X 40 36 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X DEBORAH S BUTT 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 ELIZABETH ALDRIDGE BOARD SECRETARY 0.50 0 X 0 0 0 L PAUL BRAYTON TRUSTEE 0.50 0 X 0 0 0 ROBERT BROWN TRUSTEE 0.50 0 X 0 0 0 RICHARD P BUDD TRUSTEE 0.50 0 X 0 0 0 THAYER COGGIN TRUSTEE 0.50 0 X 0 0 0 EARL E CONGDON TRUSTEE 0.50 0 X 0 0 0 EDWARD COVINGTON TRUSTEE 0.50 0 X 0 0 0 FLOYD T CRAVEN TRUSTEE 0.50 0 X 0 0 0 ROBERT G CULP III CHAIR, INVESTMENT COMMITTEE/TRUSTEE 0.50 0 X 0 0 0 JOHN FINCH VICE CHAIR OF BOARD AND CHAIR, FINANCE COMMITTEE/TRUSTEE 0.50 0 X 0 0 0 DAVID L FRANCIS TRUSTEE 0.50 0 X 0 0 0 SHIRLEY T FRYE TRUSTEE 0.50 0 X 0 0 0 THOMAS S HAGGAI TRUSTEE 0.50 0 X 0 0 0 DONALD W HAYNES TRUSTEE 0.50 0 X 0 0 0 DAVID R HAYWORTH TRUSTEE 0.50 0 X 0 0 0 MOLLY MILLIS HEDGECOCK TRUSTEE 0.50 0 X 0 0 0 CHRISTOPHER L HENSON TRUSTEE 0.50 0 X 0 0 0 THOMAS E INGRAM CHAIR, ACADEMIC AFFAIRS/TRUSTEE 0.50 0 X 0 0 0 RONALD L JONES TRUSTEE 0.50 0 X 0 0 0 GENE C KESTER TRUSTEE 0.50 0 X 0 0 0 WILLIAM V KESTER TRUSTEE 0 0 X 0 0 0 MIRIAM O KIMSEY TRUSTEE 0.50 0 X 0 0 0 PETER MAHLER TRUSTEE 0.50 0 X 0 0 0 KATHERINE K MAYNARD TRUSTEE 0.50 0 X 0 0 0 MEREDITH P MICHENER TRUSTEE 0.50 0 X 0 0 0 JAMES H MILLIS TRUSTEE 0.50 0 X 0 0 0 ADNAN M MJALLI TRUSTEE 0.50 0 X 0 0 0 MARK A NORCROSS CHAIR, UNIVERSITY ADVANCEMENT/TRUSTEE 0.50 0 X 0 0 0 KEVIN NORTON TRUSTEE 0.50 0 X 0 0 0 MARSHA B SLANE TRUSTEE 0.50 0 X 0 0 0 J ROBERT STOUT TRUSTEE 0.50 0 X 0 0 0 ROBERT E STROUPE TRUSTEE 0.50 0 X 0 0 0 RICHARD F VERT BOARD CHAIR/TRUSTEE 0.50 0 X 0 0 0 ANNE KERR WALKER TRUSTEE 0.50 0 X 0 0 0 J ALEXANDER WARD TRUSTEE 0.50 0 X 0 0 0 FRED E WILSON TRUSTEE 0.50 0 X 0 0 0 PLATO S WILSON TRUSTEE 0.50 0 X 0 0 0 DOUGLAS WITCHER TRUSTEE 0.50 0 X 0 0 0 WILLIAM WOMBLE TRUSTEE 0.50 0.00 X 0 0 0 W VANN YORK TRUSTEE 0.50 0 X 0 0 0 NIDO QUBEIN PRESIDENT 70 0 X 1066336 0 439890 DENNY G BOLTON EXECUTIVE VICE PRESIDENT 45.00 0 X 377391 0 28238 DENNIS CARROLL VICE PRESIDENT / PROVOST 50.00 0 X 289072 0 27030 JEFF ADAMS VICE PRESIDENT 40 0 X 107597 0 18140 ANDREW BILLS SENIOR VICE PRESIDENT 50.00 0 X 253186 0 36790 DEBI BUTT VICE PRESIDENT 70 0 X 134428 0 18090 ROGER CLODFELTER SENIOR VICE PRESIDENT 50 0 X 167708 0 12533 CHRISTOPHER DUDLEY SENIOR VICE PRESIDENT 50.00 0 X 230319 0 36617 DAN HAUSER ATHLETIC DIRECTOR 50.00 0 X 112212 0 24480 STEVE POTTER VICE PRESIDENT 60.00 0 X 127231 0 15809 GAIL TUTTLE SENIOR VICE PRESIDENT 50.00 0 X 178357 0 20005 SCOTT CHERRY COACH 40 0 X 223409 0 25529 DANIEL ERB DEAN OF HEALTH SCIENCES / PROFESSOR 40 0 X 204103 0 30685 ERIC HEGEDUS CHAIR OF PHYSICAL THERAPY 40 0 X 163393 0 27674 SCOTT HEMBY PHARMACY PROFESSOR 40 0 X 182860 0 24931 RONALD RAGAN DEAN OF PHARMACY 40 0 X 200159 0 32154 JACOB MARTINSON FORMER PRESIDENT, HONORARY TRUSTEE 0 0 X 35339 0 0 DON SCARBOROUGH FORMER VICE PRESIDENT 40 0 X 109853 0 11807 4162953 0 830402 55 1 1 0 FRANK L BLUM CONSTRUCTION P O BOX 4153 WINSTON SALEM NC 27115 GENERAL CONTRACTOR 34316723 ARAMARK SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICES 15702282 SAMET CORPORATION 309 GALLIMORE DAIRY ROAD SUITE 102 GREENSBORO NC 27409 GENERAL CONTRACTOR 9340532 SMITH & JENNINGS INC 1020 HEDGECOCK ROAD HIGH POINT NC 27262 CONTRACTOR 6666442 BUDD GROUP 195 BUDD BOULEVARD WINSTON SALEM NC 27103 MAINTENANCE SERVICES 5693225 66 0 0 0 0 1442388 29984162 2755706 31426550 STUDENT TUITION AND FEES 611710 145129173 145129173 0 0 RESIDENT HALL FEES 721310 34150795 34150795 0 0 CAFETERIA/MEALS 722210 26482507 26482507 0 0 INTERCOLLEGIATE ATHLETICS 611710 555246 555246 0 0 BOOKSTORE 611710 366743 366743 0 0 122265 122265 0 0 206806729 2207283 0 67941 2139342 0 0 0 0 0 0 0 0 964951 0 2401330 0 -1436379 0 -1436379 0 0 -1436379 12112277 0 11761052 0 351225 0 351225 0 0 351225 16822 0 86441 -69619 0 -69619 SUMMER CONFERENCES 611710 1989118 1989118 0 0 0 0 0 0 1989118 241274907 208795847 67941 984569 X 456921 456921 32914824 32914824 0 0 0 0 3721457 150623 2865376 705458 0 0 0 0 45584178 38438666 7081684 63828 2554000 2554000 0 0 7711614 5110246 2438486 162882 0 0 0 0 730615 0 730615 0 0 0 0 0 0 0 0 0 0 0 176343 0 176343 0 18980592 14237944 4742648 0 1388388 74052 1314336 0 20668652 10178713 10044474 445465 10995264 8330514 2664750 0 1833535 1378310 455225 0 5335757 0 5335757 0 20832778 19957801 874977 0 2124381 0 2124381 0 INTERCOLLEGIATE PROGRAM 2805479 2805479 0 0 SPECIAL EVENTS 2334140 1136676 1197464 0 GRADUATE SCHOOL PROGRAM 533758 533758 0 0 4942186 1724547 3217639 0 186624862 139983074 45264155 1377633 927145 969029 78483830 61551114 20142309 25539898 5061823 4428149 0 0 0 0 1817489 1791074 0 0 2031318 2113335 647323151 175313064 424348958 472010087 0 0 47889618 46894865 1289212 1265714 0 0 11109950 10119914 593101652 626683179 24870091 23152793 0 0 8441531 9294447 81369677 145354619 322616 317733 0 0 84629352 5301640 0 0 1528740 1552202 201162007 184973434 X 313874013 359623744 41355866 42578142 36709766 39507859 391939645 441709745 593101652 626683179 X 54650045 -3419901 0 0 0 -1460044 X 0 1 X 1 1 1 X 16074859 28466452 10803250 33291966 31426550 120063077 0 0 0 0 0 0 0 0 0 0 0 0 16074859 28466452 10803250 33291966 31426550 120063077 32549644 87513433 5602143 3739226 4722999 3231297 2927950 20223615 32195 95918 53096 40074 67941 289224 20667 -4230 -21756 -25654 -69619 -100592 140475324 874729680 0.62298 0.63588 X Schedule A, Part II, Line 10 OTHER INCOME LISTED ON LINE 10 OF SCHEDULE A, PART II IS GAIN OR (LOSS) FROM FUNDRAISING EVENTS. Schedule A, Part II, Line 16a HIGH POINT UNIVERSITY MEETS THE 33 1/3% PUBLIC SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29600 2826160 0 0 X EDUCATION 0 1 322616 1087262 1092145 317733 1 X 49791008 3018943 -1094458 0 1327222 176344 50211927 48024447 1623640 2039699 0 1731746 165032 49791008 42681261 2076583 4429369 0 1001654 161112 48024447 36364935 2732519 4383002 0 691633 107562 42681261 37717174 1962000 -2113175 0 1048278 152786 36364935 0.0087 0.7868 0.2045 1 0 60716524 0 60716524 416427502 0 89767683 326659819 45699956 0 16301422 29398534 83336476 0 69243959 14092517 41142693 0 0 41142693 472010087 CORPORATE STOCKS, BONDS AND NOTE 46637177 F INSURANCE CONTRACT 257688 C 46894865 STUDENT LOAN MONIES 1552202 1552202 X 236218619 -3419901 0 0 -1460044 -4879945 241098564 176343 0 176343 241274907 153533695 0 0 0 0 0 153533695 176343 32914824 33091167 186624862 Schedule D, Part III, Line 4 THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. Schedule D, Part IV, Line 1b HPU ALLOWS THE SGA AND PANTHER CLUB TO KEEP MONEY FOR THEIR ORGANIZATIONS IN THE UNIVERSITY BANK ACCOUNT. Schedule D, Part IV, Line 2b HPU ALLOWS THE SGA AND PANTHER CLUB TO KEEP MONEY THAT THEY HAVE COLLECTED IN A UNIVERSITY CONTROLLED BANK ACCOUNT. Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE USED FOR THE PURPOSE STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. Schedule D, Part X, Line 2 IT IS THE UNIVERSITY'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2016 AND 2015. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31, 2013; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION, AS WELL AS RELATED PENALTIES AND INTEREST, WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. Schedule D, Part XI, Line 2d INTEREST RATE SWAP. Schedule D, Part XII, Line 4b GRANTS AND ALLOCATIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL BROADCASTS AND PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. East Asia and the Pacific 0 3 Program Services STUDY ABROAD (AUSTRALIA) 154988 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (IRELAND) 108181 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (JAPAN) 118008 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (UK) 76410 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (MULTI) 122052 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (DEN/SWE) 80128 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (FRANCE) 74977 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (ITALY) 99298 Central America and the Caribbean 0 2 Program Services STUDY ABROAD (COSTA RICA) 50784 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (SPAIN) 65686 0 21 950512 0 0 0 0 0 0 GOLF TOURNAMENT 10266 4802 5464 0 4659 11807 111 0 227 0 0 10266 4802 5464 0 4659 11807 111 0 227 16804 -11340 1 UNITED WAY OF GREATER HIGH POINT INC 201 CHURCH AVENUE HIGH POINT NC 27262 560547486 IRC SEC. 501(C)(3) 20134 0 GENERAL SUPPORT FOR THE BOB BROWN SCHOLARSHIP. FRIENDS OF JOHN COLTRANE INC PO BOX 2392 HIGH POINT NC 27261 272375364 IRC SEC. 501(C)(3) 10000 0 GENERAL SUPPORT OF ANNUAL INTERNATIONAL JAZZ AND BLUES FESTIVAL. PIEDMONT TRIAD PARTNERSHIP 416 GALLIMORE DAIRY ROAD GREENSBORO NC 27409 561750279 IRC SEC. 501(C)(3) 50000 0 GENERAL OPERATIONAL SUPPORT FOR PTP AND INVESTMENT IN THE ECONOMIC DEVELOPMENT OF THE TRIAD AREA, WHERE HPU IS LOCATED. MINISTERS CONFERENCE OF HIGH POINT PO BOX 628 HIGH POINT NC 27261 563194545 IRC SEC. 501(C)(3) 10000 0 GENERAL SUPPORT FOR SCHOLARSHIPS. YWCA OF HIGH POINT 112 GATEWOOD AVENUE HIGH POINT NC 27262 560579600 IRC SEC. 501(C)(3) 15000 0 GENERAL SUPPORT OVER A FIVE YEAR PERIOD TO BE UTILIZED IN THE EXPANSION OF YWCA'S FACILITIES. CITY OF HIGH POINT FIRE DEPARTMENT 434 S ELM ST HIGH POINT NC 27260 463182168 IRC SECTION 115 20000 0 GENERAL SUPPORT OVER A FIVE YEAR PERIOD TO SUPPORT THE YOUTH PROGRAM. NCCJ 713 NORTH GREENE ST GREENSBORO NC 27401 061753756 IRC SEC. 501(C)(3) 11000 0 GENERAL SUPPORT CARL CHAVIS YMCA P O BOX 6258 HIGH POINT NC 27262 463182168 IRC SEC. 501(C)(3) 25000 0 GENERAL SUPPORT TO BUILD A CHILDREN'S PARK AT THE CARL CHAVIS YMCA. PARK WILL BE NAMED THE HIGH POINT UNIVERSITY PARK. WEST END MINISTRIES 903 W ENGLISH RD HIGH POINT NC 27262 562273642 IRC SEC. 501(C)(3) 10000 0 GENERAL SUPPORT TO PROVIDE A NATURAL AREA WHERE WEST END RESIDENTS CAN GROW FRESH PRODUCE AS THEY BUILD COMMUNITY AND COMPANIONSHIP. HIGH POINT COMMUNITY AGAINST VIOLENCE 792 NORTH MAIN ST HIGH POINT NC 27262 200599204 IRC SEC. 501(C)(3) 10000 0 GENERAL SUPPORT 10 0 ATHLETIC AID 238 5765556 0 FMV MERIT AID 2363 17061123 0 FMV NEED-BASED AND OTHER INSTITUTIONAL AWARDS 1143 4177284 0 FMV INSTITUTIONAL FUNDED FINANCIAL AID 488 1457011 0 FMV EXTERNAL FUNDED FINANCIAL AID 471 4453850 0 FMV Schedule I, Part I, Line 2 IN THE 2015/2016 FISCAL YEAR, THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE EXECUTIVE VICE PRESIDENT. X X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 NIDO QUBEIN PRESIDENT 665214 0 10500 0 390622 0 426200 0 13690 0 1506226 0 0 0 DENNY G BOLTON EXECUTIVE VICE PRESIDENT 359629 0 10500 0 7262 0 21200 0 7038 0 405629 0 0 0 DENNIS CARROLL VICE PRESIDENT / PROVOST 275270 0 10500 0 3302 0 21200 0 5830 0 316102 0 0 0 ANDREW BILLS SENIOR VICE PRESIDENT 240630 0 10500 0 2056 0 20133 0 16657 0 289976 0 0 0 DEBI BUTT VICE PRESIDENT 130964 0 3088 0 376 0 9402 0 8688 0 152518 0 0 0 ROGER CLODFELTER SENIOR VICE PRESIDENT 156667 0 10500 0 541 0 12533 0 0 0 180241 0 0 0 CHRISTOPHER DUDLEY SENIOR VICE PRESIDENT 219059 0 10500 0 760 0 18523 0 18094 0 266936 0 0 0 GAIL TUTTLE SENIOR VICE PRESIDENT 166912 0 10500 0 945 0 13530 0 6475 0 198362 0 0 0 SCOTT CHERRY COACH 207680 0 10500 0 5229 0 9171 0 16358 0 248938 0 0 0 DANIEL ERB DEAN OF HEALTH SCIENCES / PROFESSOR 194095 0 8701 0 1307 0 12411 0 18274 0 234788 0 0 0 ERIC HEGEDUS CHAIR OF PHYSICAL THERAPY 155531 0 7047 0 815 0 13182 0 14492 0 191067 0 0 0 SCOTT HEMBY PHARMACY PROFESSOR 180440 0 1500 0 920 0 14880 0 10051 0 207791 0 0 0 RONALD RAGAN DEAN OF PHARMACY 194292 0 4560 0 1307 0 16348 0 15806 0 232313 0 0 0 JACOB MARTINSON FORMER PRESIDENT, HONORARY TRUSTEE 15339 0 0 0 20000 0 0 0 0 0 35339 0 0 0 DON SCARBOROUGH FORMER VICE PRESIDENT 97627 0 10500 0 1726 0 5000 0 6807 0 121660 0 0 0 Schedule J, Part I, Line 1a DR. NIDO QUBEIN, PRESIDENT, RECEIVES A HOUSING ALLOWANCE AND HAS SERVICES PROVIDED AT THE HOME, INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THE UNIVERSITY PROVIDES CHARTER TRAVEL FOR THE PRESIDENT'S TRAVEL NEEDS. THE UNIVERSITY PAYS COUNTRY CLUB DUES FOR THE PRESIDENT. ANY TAXABLE INCOME RESULTING FROM THE PROVISION OF THE ABOVE ITEMS ARE REPORTED AS TAXABLE INCOME ON DR. QUBEIN'S W-2. Schedule J, Part I, Line 3 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. Schedule J, Part I, Line 4 DR. NIDO QUBEIN, PRESIDENT, RECEIVED CONTRIBUTIONS TO HIS 457F PLAN IN THE AMOUNT OF $405,000 DURING THE YEAR. A NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJB6 2011-07-07 20485000 CAPITAL SPENDING 0 0 0 B NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJY6 2012-07-11 62490000 SEE PART VI 0 0 0 C NC CAPITAL FACILITIES FINANCE AGENCY 561592154 000000000 2015-10-22 80630000 SEE PART VI 0 0 0 A 2165000 0 18350791 0 0 0 468614 0 0 20047176 0 0 2012 0 0 1 1 B 7135000 0 57802344 0 0 0 711927 0 0 64225417 0 0 2014 1 0 1 1 C 0 0 80630000 0 0 0 188145 0 0 71441855 0 9000000 2016 1 0 0 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 1 0 0 0 0 A 0 B 0 C 0 Schedule K, Part I, Column f-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY $7,500,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006, ISSUED 12/14/2006. $6,610,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $12,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $21,055,125 TO BE APPLIED TO PREPAYMENT OF BB&T 2010 TERM LOAN. $2,486,670.92 TO BE APPLIED TO PREPAYMENT OF BB&T REFUNDING LOAN. $923,434.29 TO BE APPLIED TO PREPAYMENT OF DOE LOAN. $1,295,671.89 TO BE APPLIED TO PREPAYMENT OF THE HIGH POINT BANK LOAN. $3,268,726.39 TO BE APPLIED TO THE PREPAYMENT OF THE WELLS FARGO LINE OF CREDIT. $9,017,274.34 FOR HEALTH SCIENCE, CENTER FOR EXCELLENCE, ATHLETIC PERFORMANCE CENTER AND ISSUANCE EXPENSE. Schedule K, Part I, Column f-10/22/2015 80,630,000 NC CAPITAL FACILITIES FINANCE AGENCY $19,950,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006, ISSUED 12/14/2006. $21,490,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $30,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $9,190,000 HEALTH SCIENCES FACILITIES AND ISSUANCE EXPENSE. Schedule K, Part II, Line 3-07/07/2011 20,485,000 NC CAPITAL FACILITIES FINANCE AGENCY $30,791 INTEREST EARNED ON BOND. Schedule K, Part II, Line 3-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY $68,514 INTEREST EARNED ON BOND. BOND ISSUED WITH AN ORIGINAL ISSUE PREMIUM OF $2,378,830. BB&T NIDO QUBEIN, PRESIDENT, IS ON THE BOARD OF DIRECTORS OF BB&T. 11924464 HIGH POINT UNIVERSITY DOES BANKING AND HAS LINES OF CREDIT WITH BB&T. 0 THE BUDD GROUP THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD. 6491705 THE BUDD GROUP IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY. 0 CREATIVE SERVICES INC OWNERS OF CREATIVE SERVICES ARE THE CHILDREN OF NIDO QUBEIN, PRESIDENT. 1027967 CREATIVE SERVICES PROVIDES PUBLIC RELATIONS AND MARKETING MATERIALS FOR THE UNIVERSITY. THE COMPANY HAS DONE BUSINESS WITH THE UNIVERSITY SINCE 1994, 12 YEARS BEFORE THE CURRENT PRESIDENT TOOK OFFICE. 0 SOUTHEASTERN BUILDING SERVICES INC MIRIAM KIMSEY, TRUSTEE, IS THE VICE PRESIDENT OF SOUTHEASTERN BUILDING INC. 224826 THE COMPANY PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS. 0 VANN YORK AUTO GROUP W. VANN YORK, CHAIRMAN OF THE BOARD FOR VANN YORK AUTO GROUP, IS A TRUSTEE. 132256 THE UNIVERSITY PURCHASES AUTOMOBILES AND AUTO SERVICES FROM VANN YORK AUTO GROUP. 0 WOMBLE CARLYLE SANDRIDGE AND RICE LLC WILLIAM WOMBLE IS ON THE BOARD OF TRUSTEES. 553233 THE FIRM IS HPU'S PRIMARY COUNSEL FOR LEGAL MATTERS. MR. WOMBLE IS A RETIRED PARTNER OF THIS FIRM. HE RECEIVES FORMULA BASED RETIREMENT COMPENSATION BUT PROVIDES NO SERVICES. 0 PIEDMONT HAWTHORNE AVIATION NIDO QUBEIN IS PART OWNER OF THE AIRPLANE THAT HIGH POINT LEASES FOR THE PRESIDENTS TRAVEL USE 134103 DRY LEASE FOR AIRPLANE FOR PRESIDENT'S TRAVEL. EFFECTIVE 10/22/2015, NQ AIR, LLC ASSIGNED AND TRANSFERRED ALL OF ITS RIGHT, TITLE AND INTEREST IN AND TO ITS 4,000 MEMBERSHIP INTEREST UNITS REPRESENTING A 40% MEMBERSHIP INTEREST IN GRANITE AIR, LLC DBA GATEWAY AIR, LLC TO EASTER CREEK PARTNERS, LLC SUCH THAT DR. QUBEIN NO LONGER HAS ANY DIRECT OR INDIRECT OWNERSHIP INTEREST IN THE PLANE. 0 X 1 5600 FMV X 27 2726105 FMV X 1 24000 FMV X BASEBALL FIELD BRICK WALL 1 58992 FMV 0 0 1 1 Schedule M, Part I, Line 32b OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. Schedule M, Part I, Line 33 THE UNIVERSITY ONLY RECOGNIZES THROUGH REVENUE THOSE NON-CASH CONTRIBUTIONS EXTERNALLY VALUED IN EXCESS OF A SET AMOUNT PER UNIVERSITY POLICY. IF NON-CASH GIFTS ARE RECEIVED THAT ARE VALUED AT LESS THAN OUR PRE-DETERMINED POLICY AMOUNT, THE GIFT IS SUBSTANTIATED TO THE DONOR WITHOUT A VALUE AND IS NOT RECORDED IN REVENUE. Form 990, Part III, Line 3 THE UNIVERSITY CONTINUES TO PHASE OUT THE ADULT CONTINUING EDUCATION PROGRAM (INCLUDED AS A CHANGE IN PROGRAM SERVICES IN 2013 FORM 990). CURRENTLY ENROLLED STUDENTS CONTINUE TO BE ALLOWED TO FINISH THE PROGRAM THEY ARE CURRENTLY ENROLLED IN. NEW STUDENTS ARE NO LONGER BEING ACCEPTED. EXPENSES FOR THIS PROGRAM SERVICE ARE NO LONGER SEPARATELY TRACKED SINCE THE BUDD CAMPUS WHERE THESE PROGRAM SERVICES WERE OPERATED WAS SOLD IN TAX YEAR 2013. Form 990, Part VI, Section A, Line 2 BOARD OF TRUSTEE MEMBERS GENE AND WILLIAM KESTER HAVE A FAMILY RELATIONSHIP. BOARD OF TRUSTEE MEMBERS JAMES MILLIS AND MOLLY MILLIS-HEDGECOCK HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND REVIEWED BY THE AUDIT FIRM AND LEGAL COUNSEL. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT WITH A COPY PROVIDED TO CERTAIN MEMBERS OF THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, Line 12c EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AND REVIEWS THOROUGHLY AT LEAST ANNUALLY. Form 990, Part VI, Section B, Line 15 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES THE LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g SERVICES RELATED TO OUR OUTSOURCED DINING CONTRACT WITH ARAMARK ARE INCLUDED IN OTHER SERVICES IN THE AMOUNT OF $11,997,559. SERVICES FROM BUDD GROUP ARE ALSO INCLUDED IN THE AMOUNT OF $3,446,441. WE ALSO HAVE VARIOUS OTHER PROFESSIONAL SERVICES OF $3,395,934 SHOWN IN THIS LINE ITEM. Form 990, Part XI, Line 9 CHANGE IN INTEREST RATE SWAP -$1,460,044. 1924 HOLDINGS LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 900660924 RENTAL NC 964951 7623465 HIGH POINT UNIVERSITY LONGLEAF PINE REALTY LLC 101 NORTH TRYON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY OLYMPUS REALTY LLC 101 NORTH TYRON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY LILY PAD INVESTORS LLC P O BOX 1550 HIGH POINT NC 27261 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY THE UNIVERSITY REQUESTED AND RECEIVED APPROVAL TO FILE THE TAX RETURN ON EXTENSION USING FORM 8868.