2017-02-23T13:29:15-06:00 2016-05-31 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2015-06-01 620476666 CHRISTIAN BROTHERS UNIVERSITY CHRI 9013213380 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 CAROLYN HEAD VP-ADMINISTRATION & FINANCE 9013213380 2017-02-22 1 JOHN A MAY JR P00210965 9017613000 2017-02-22 2015 2021-01-29 14:40:06Z CAROLYN HEAD 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 59473895 0 X WWW.CBU.EDU X 1871 TN OPERATION OF PRIVATE CATHOLIC UNIVERSITY WHOSE PRINCIPAL ACTIVITY IS TO PROVIDE ADVANCED STUDY TO STUDENTS IN AN INTER-FAITH EDUCATIONAL COMMUNITY. 30 30 909 30 -27152 -27345 8220438 7054584 41307640 45730588 277042 271763 6103909 6311209 55909029 59368144 18155561 19309968 0 0 16781510 19904934 288045 242521 1749846 16954312 15952447 52179428 55409870 3729601 3958274 88635652 91397757 21339464 22083376 67296188 69314381 X CHRISTIAN BROTHERS UNIVERSITY IS A PRIVATE, CATHOLIC COMPREHENSIVE UNIVERSITY COMMITTED TO PREPARING STUDENTS OF ALL FAITHS AND BACKGROUNDS TO EXCEL IN THEIR PROFESSIONAL AND PUBLIC LIVES BY PROVIDING CHALLENGING EDUCATIONAL OPPORTUNITIES IN THE ARTS, BUSINESS, ENGINEERING, THE SCIENCES, AND TEACHER EDUCATION. 0 0 46003426 19309968 47043973 PRIVATE CATHOLIC UNIVERSITY OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN THE TRADITION OF THE CHRISTIAN BROTHERS. THE PRINCIPLE ACTIVITY OF CBU IS TO PROVIDE ADVANCED STUDY TO STUDENTS IN AN INTER-FAITH EDUCATIONAL COMMUNITY. 46003426 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 61 0 1 909 1 0 0 0 0 1 1 1 1 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X TOM COCHRANCAROLYN HEAD 9013213381 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 MR H WAYNE BRAFFORD TRUSTEE 2.00 X 0 0 0 MR JAMES ISAACS TRUSTEE 2.00 X 0 0 0 REV KEITH NORMAN TRUSTEE 2.00 X 0 0 0 MR STEPHEN T DUNAVANT VICE CHAIRMAN 2.00 X 0 0 0 BR CHRIS ENGLERT FSC TRUSTEE 2.00 X 0 0 0 MR JOHN MITCHELL GRAVES CHAIRMAN 2.00 X 0 0 0 MR WILLIAM W GRAVES TRUSTEE 2.00 X 0 0 0 MRS EMILY SAWYER GREER SECRETARY 2.00 X 0 0 0 BR BERNARD LOCOCO FSC TRUSTEE 2.00 X 0 0 0 MR DOUGLAS J MARCHANT TRUSTEE 2.00 X 0 0 0 BR MICHAEL F QUIRK FSC TRUSTEE 2.00 X 0 0 0 MR JAMES L REBER TREASURER 2.00 X 0 0 0 BR LARRY SCHATZ FSC TRUSTEE 2.00 X 0 0 0 MR JOSHUA SHIPLEY TRUSTEE 2.00 X 0 0 0 MR STEPHEN WAECHTER TRUSTEE 2.00 X 0 0 0 DR MARGARET H WEST TRUSTEE 2.00 X 0 0 0 MRS LAUREL C WILLIAMS JD TRUSTEE 2.00 X 0 0 0 MR LOUIS F BO ALLEN JR TRUSTEE 2.00 X 0 0 0 MR DAVID ARCHER TRUSTEE 2.00 X 0 0 0 MR ROBERT H BUCKMAN TRUSTEE 2.00 X 0 0 0 MR RICHARD A CARGILE TRUSTEE 2.00 X 0 0 0 MS LESLIE L DANIEL TRUSTEE 2.00 X 0 0 0 MR TYREE DANIELS TRUSTEE 2.00 X 0 0 0 MR RUSSELL J HENSLEY TRUSTEE 2.00 X 0 0 0 MR CHRISTOPHER KOCH JR TRUSTEE 2.00 X 0 0 0 MS MARIA LENSING TRUSTEE 2.00 X 0 0 0 FR ROBERT W MARSHALL JR TRUSTEE 2.00 X 0 0 0 MR HAROLD G MCNEIL TRUSTEE 2.00 X 0 0 0 MR PAUL POSEY JR TRUSTEE 2.00 X 0 0 0 MS BEMETRA SIMMONS TRUSTEE 2.00 X 0 0 0 DR JOHN SMARRELLI JR PRESIDENT OF THE UNIVERSIT 40.00 X 240432 0 31710 MS CAROLYN HEAD CFO, VP ADMIN & FINANCE 40.00 X 145573 0 19404 DR ANNE KENWORTHY VP OF ENROLLMENT MGMT 40.00 X 114700 0 23602 MR STEPHEN R CRISMAN SR. VP OF ADVANCEMENT 40.00 X 135902 0 24802 MR PASCAL BEDROSSIAN PROFESSOR 40.00 X 309812 0 32636 DR FRANK BUSCHER FORMER VP- ACADEMIC AFFAIRS 40.00 X 117844 0 15003 DR BEVALEE VITALI PROFESSOR 40.00 X 121832 0 14997 1186095 0 162154 7 0 1 0 GRINDER TABER AND GRINDER INC 1919 LYNNFIELD RD B MEMPHIS TN 38119 CONSTRUCTION SERVICES 4359505 ARAMARK CORPORATION-FACILITY SERVICES 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 GROUNDS/LANDSCAPING SERVICES 1976562 ARAMARK CORPORATION-FOOD SERVICES 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 CAFETERIA SERVICES 1891085 PRESIDIO NETWORKED SOLUTIONS INC ONE PENN PLAZA SUITE 2832 NEW YORK NY 10119 IT SERVICES 501036 ANF ARCHITECT INC 1500 UNION AVE MEMPHIS TN 38104 ARCHITECT SERVICES 427447 19 247247 6807337 7054584 TUITION AND FEES 611310 45730588 45730588 45730588 271763 271763 4843231 0 4843231 4843231 4843231 199018 105751 93267 93267 OTHER INCOME 611310 1313385 1313385 DORM SUPPORT SERVICES 611310 88478 88478 PASS-THROUGH 531390 -27152 -27152 1374711 59368144 47043973 -27152 5296739 19309968 19309968 449073 86137 225502 137434 15532228 11340320 3635357 556551 824387 824387 1968142 1968142 1131104 1131104 262332 201927 60405 89688 89688 242521 242521 5213325 2617077 2484161 112087 845731 551583 294148 1059163 992132 67031 432712 330357 102355 1369723 328689 1041034 561302 511227 50075 108025 108025 705122 705122 2141635 2141635 419559 419559 INSTITUTIONAL/STUDENT E 1576767 1543461 33306 OTHER EXPENSES 717817 444052 180856 92909 BAD DEBT EXPENSE 241009 241009 MINOR EQUIPMENT 208537 207513 1024 55409870 46003426 7656598 1749846 1531612 1585138 4838925 6952413 8791745 7110573 800712 936222 1527349 1396352 105282 130683 85729609 44731719 38173524 40997890 29234474 27938185 1102514 1889970 2529515 2460331 88635652 91397757 2039295 2777309 14084373 13510037 1327849 1235479 3887947 4560551 21339464 22083376 X 37858420 36111646 9007332 9736964 20430436 23465771 67296188 69314381 88635652 91397757 X 3958274 -1940078 -3 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1460204 X X 0 33303938 3187285 -1518618 1285538 33687067 31704414 1466748 1346043 1213267 33303938 29399672 215270 3307402 1217930 31704414 26877561 140392 3582596 1200877 29399672 26708042 1879070 -485767 1223784 26877561 0.28380 0.69660 0.01960 0 0 1105818 1105818 50790888 19122728 31668160 4565277 2183789 2381488 23555642 21914596 1641046 5711984 1510606 4201378 40997890 STUDENT DEPOSITS 429478 UNEARNED TUITION AND FEES 1301150 AMOUNTS HELD IN CUSTODY FOR OTHERS 522217 REFUNDABLE GOVERNMENT LOAN FUNDS 663199 DERIVATIVE INSTRUMENTS 1644507 4560551 38220866 -1940078 105748 -1834330 40055196 19312948 19312948 59368144 36340539 243617 243617 36096922 19312948 19312948 55409870 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 110 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 105,751. ROUNDING -3. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE ON AUDITED FINANCIALS 19,309,968. MISCELLANEOUS INCOME NETTED WITH EXPENSES ON AUDITED FINANCIALS 2,980. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 105,751. ROUNDING LOSS ON DERIVATIVE FINANCIAL INSTRUMENT 137,866. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE ON AUDITED FINANCIALS 19,309,968. MISCELLANEOUS INCOME NETTED WITH EXPENSES ON AUDITED FINANCIALS 2,980. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EQUAL OPPORTUNITY STATEMENT AND NONDISCRIMINATION POLICY IS INCLUDED IN ALL OFFICIAL LITERATURE AND PROMOTIONAL MATERIAL INCLUDING THE STUDENT COURSE CATALOG, THE EMPLOYEE HANDBOOK, AND EMPLOYEE ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE UNIVERSITY HAS BEEN ASSISTED BY LOANS IN THE CONSTRUCTION OF TWO STUDENT DORMITORIES, A STUDENT CENTER, A LIBRARY AND A SCIENCE BUILDING. FINANCIAL ASSISTANCE RECEIVED FROM FEDERAL AGENCIES: PELL GRANT PROGRAM $2,567,226; SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $82,000; FEDERAL WORK-STUDY $170,000; PERKINS LOAN PROGRAM $141,480; FEDERAL DIRECT LOAN PROGRAM $13,192,057; MINORITY INTERNATIONAL RESEARCH TRAINING GRANT $200,000. TOTAL EXPENDITURES OF FEDERAL AWARDS: $16,352,763. X X X 1 REED CONSULTING 11933 SOUTHRIDGE DRIVE LITTLE ROCK AR 72212 PAYMENTS FOR CONSULTING SERVICES 0 0 78000 -78000 WILSON-BENNETT TECHNOLOGY 140 PROFESSIONAL DR 2 CABOT AR 72023 PAYMENTS FOR FUNDRAISING SERVICES 0 0 30000 -30000 BRIAN LACY ASSOCIATES 3122 GANNETT STREET HOUSTON TX 77025 PAYMENTS FOR CONSULTING SERVICES 0 0 3459 -3459 DOUG CARPENTER 431 S MAIN ST STE 302 MEMPHIS TN 38103 PAYMENTS FOR CONSULTING SERVICES 0 0 131062 -131062 242521 -242521 TN BELL TOWER GALA 144625 144625 6804 55415 16203 TWILIGHT CROSS COUNTRY CLASSIC 37468 37468 4200 11325 1 16925 16925 4200 7604 199018 199018 15204 55415 35132 105751 93267 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS FOR CONSULTING AND PROFESSIONAL FUNDRAISING SERVICES. 1 INSTITUTIONAL SCHOLARSHIPS AND GRANTS 1143 18585098 TUITION REMISSIONS 51 532547 TUITION DISCOUNTS 232 192323 PART I, LINE 2: ALL INSTITUTIONAL MONEY, GRANTS, ETC. FOLLOW THE FINANCIAL AID MATRIX THAT WAS DESIGNED AND APPROVED BY THE PRESIDENT'S CABINET, OR IF MONEY WAS DONATED FOR SPECIFIC PURPOSES, BY THE WISHES OF THE INDIVIDUAL DONOR. X 1 0 X 0 0 0 0 0 0 0 0 0 DR JOHN SMARRELLI JR PRESIDENT OF THE UNIVERSIT 240432 0 0 0 0 0 16108 0 15602 0 272142 0 0 0 MS CAROLYN HEAD CFO, VP ADMIN & FINANCE 145573 0 0 0 0 0 9905 0 9499 0 164977 0 0 0 MR STEPHEN R CRISMAN SR. VP OF ADVANCEMENT 135902 0 0 0 0 0 9203 0 15599 0 160704 0 0 0 MR PASCAL BEDROSSIAN PROFESSOR 44006 0 0 0 265806 0 17355 0 15281 0 342448 0 0 0 A SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-08-06 7836558 CONSTRUCTION 0 0 0 B SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-08-29 4766624 DEBT RETIREMENT 0 0 0 C SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-12-29 3396818 DORMITORY ACQUISITION 0 0 0 A 1219546 7836558 55118 7781440 0 0 1 1 B 741795 4766624 4766624 2011 1 0 1 1 C 528622 3396818 3396818 2011 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 B 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 C 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 A 0 B 0 C 0 X 4 COST X COST X 1 FMV X 2 COST X MISCELLANEOUS 10 0 COST 0 0 0 PART I, LINE 32B: SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT AND FINANCE COMMITTEES REVIEW THE 990, AND AN ELECTRONIC COPY IS SENT TO THE FULL BOARD WHO WILL VOTE ON ACCEPTANCE AND SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO BECOMING BOARD MEMBERS, THEY ARE MADE AWARE OF THE POLICY. EACH YEAR, THEY ARE ASKED TO FILL OUT A QUESTIONNAIRE DISCLOSING ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD OF TRUSTEES ALONG WITH ANNUAL CUPA SURVEYS FORM 990, PART VI, SECTION C, LINE 19 THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING -3. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED.