WINGATE UNIVERSITY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WINGATE UNIVERSITY (EIN 56-6049935)
- Tax period
- 2015-06-01 to 2016-05-31
- Filed
- 2016-11-21
- IRS object ID
- 201623269349300407
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-21T08:37:24-06:00 | ReturnTs |
| Tax Period End | 2016-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 N ELM ST STE 1100 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566049935 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WING | BusinessNameControlTxt |
| Phone | 7042338000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1Txt |
| City | WINGATE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28174 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM H DURHAM | PersonNm |
| Person Title | VP FOR BUSINESS, CFO | PersonTitleTxt |
| Phone | 7042338000 | PhoneNum |
| Signature | 2016-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ADRIENNE MCKINNEY | PreparerPersonNm |
| PTIN | P00819656 | PTIN |
| Phone | 3362724551 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR T RHETT BROWN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1Txt |
| City | WINGATE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28174 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $129,311,050 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WINGATE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1896 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 51 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 51 | VotingMembersIndependentCnt |
| Total Employee | 1548 | TotalEmployeeCnt |
| Total Volunteers | 51 | TotalVolunteersCnt |
| Total Gross UBI | $341,947 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$286,545 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,233,743 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,302,796 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $82,591,763 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $92,993,212 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,211,420 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,033,234 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,855,930 | PYOtherRevenueAmt |
| CY Other Revenue | $831,872 | CYOtherRevenueAmt |
| PY Total Revenue | $96,892,856 | PYTotalRevenueAmt |
| CY Total Revenue | $98,161,114 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $29,508,694 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,317,475 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,019,903 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $36,494,273 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,470,798 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,305,804 | PYOtherExpensesAmt |
| CY Other Expenses | $29,171,495 | CYOtherExpensesAmt |
| PY Total Expenses | $90,834,401 | PYTotalExpensesAmt |
| CY Total Expenses | $99,983,243 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,058,455 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,822,129 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $154,337,547 | TotalAssetsBOYAmt |
| Total Assets EOY | $176,166,598 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $31,693,837 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $58,888,932 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $122,643,710 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,277,666 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE CITIZENS AT HOME AND ABROAD. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $75,249,350 | ExpenseAmt |
| Grant | $34,317,475 | GrantAmt |
| Revenue | $93,138,861 | RevenueAmt |
| Desc | WINGATE UNIVERSITY SERVES STUDENTS ON THREE CAMPUSES IN WINGATE, BALLANTYNE, AND HENDERSONVILLE, NC. THE UNIVERSITY OFFERS 34 UNDERGRADUATE MAJORS, 36 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGRESS IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT MANAGEMENT, AND DOCTORATES IN PHARMACY, PHYSICAL THERAPY, AND EDUCATION. DURING FISCAL YEAR ENDED MAY 31, 2016, FALL STUDENT ENROLLMENT WAS 3,149 AND SPRING STUDENT ENROLLMENT WAS 2,955. THE TOTAL NUMBER OF GRADUATES WAS 641. FINANCIAL AID WAS RECEIVED BY 3,082 STUDENTS. SCHOLARSHIPS WERE GRANTED TO 2,248 STUDENTS. | Desc |
| Total Program Service Expenses | $75,249,350 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 306 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1548 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 51 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 51 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM H DURHAM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7042338218 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1Txt |
| City | WINGATE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28174 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (69 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| AGNES B GOLDSTON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ARNOLD A CULBRETH JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| B PARTHENIA RICHARDSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| BILL HUDSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| C C DICKSON JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| C THOMAS WILSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CALEB H BARNHARDT JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES A HOWARD II | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CLAUDIA S ROBINETTE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CLIFFORD E HEMINGWAY | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DANNY K DAVIS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DEIDRE S VICK | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DON HILL | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DONALD C TAFT | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DURAN G MCDONALD | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| E LAZELLE MARKS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD L WEST | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ELONA L EDWARDS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| EVELYN V TAYLOR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| EVELYN W BINGHAM | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| G FRANK CAGLE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE C BOWER JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GREGORY I HINRICHS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| H JOE KING JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| HENRY B GAYE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JACK C LAIL | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES C FURMAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES W MASON III | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES C WILSON JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES R BULLOCK JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JARVIS WARREN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JIMMY K STEGALL | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOHNNY L TILLETT | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH H PATTERSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH C HUNTER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LARRY E WOODALL | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LUTHER T MOORE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MEREDITH OSBORNE GALVIN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK D PHILMON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PORTER B BYRUM | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| REBECCA B BULLARD | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL W BOOKER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL K WELBORN JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS E PERRY JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS E WILLIAMS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS J KEAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS J KOONTZ MD | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| VIOLETA MOSER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| W P WATSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM F HARRIS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H HELMS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H MAST | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H SWAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM T CROWDER JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WINDELL L TALLEY | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| T RHETT BROWN | ||||||||
| PRESIDENT | 40.00 | $251,607 | $0 | $38,119 | 0.50 | Yes (X) | ||
| MARTHA S ASTI | ||||||||
| VICE PRESIDENT | 40.00 | $154,567 | $0 | $31,028 | Yes (X) | |||
| WILLIAM H DURHAM | ||||||||
| VICE PRESIDENT/CFO | 40.00 | $182,577 | $0 | $32,881 | 0.50 | Yes (X) | ||
| SCOTTY E HUNSUCKER | ||||||||
| VICE PRESIDENT | 40.00 | $133,844 | $0 | $21,950 | Yes (X) | |||
| JERRY E MCGEE | ||||||||
| PRESIDENT EMERITUS | 40.00 | $519,056 | $0 | $13,998 | Yes (X) | |||
| ROBERT S POSTON | ||||||||
| VICE PRESIDENT | 40.00 | $136,361 | $0 | $15,961 | Yes (X) | |||
| ROBERT SUPERNAW | ||||||||
| VICE PRESIDENT | 40.00 | $285,404 | $0 | $41,124 | Yes (X) | |||
| E VINCENT TILSON | ||||||||
| VICE PRESIDENT | 40.00 | $148,870 | $0 | $17,559 | Yes (X) | |||
| HEATHER C MILLER | ||||||||
| VICE PRESIDENT | 40.00 | $101,076 | $0 | $26,981 | Yes (X) | |||
| GREGORY L ALSTON | ||||||||
| PROFESSOR | 40.00 | $133,992 | $0 | $29,931 | Yes (X) | |||
| KEVIN BRUEILLY | ||||||||
| PROGRAM DIRECTOR & PROFESSOR | 40.00 | $137,979 | $0 | $30,312 | Yes (X) | |||
| CAROLYN FORD | ||||||||
| PROFESSOR | 40.00 | $146,258 | $0 | $17,865 | Yes (X) | |||
| TRACY HUNTER | ||||||||
| PROFESSOR | 40.00 | $128,354 | $0 | $32,396 | Yes (X) | |||
| SAMIR KOUZI | ||||||||
| PROFESSOR | 40.00 | $135,761 | $0 | $30,303 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,595,706 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $380,408 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 56 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CM BLACK CONSTRUCTION COMPANY | |||||
| 797 DAVIDSON DRIVE NE | CONCORD | NC | 28025 | CONSTRUCTION | $9,406,920 |
| ARAMARK SERVICES INC | |||||
| PO BOX 198532 | ATLANTA | GA | 30384 | FOOD SERVICE | $4,121,514 |
| MARTIN CONTRACTING NC-LLC | |||||
| 2824 SMITH FIELD DRIVE | MONROE | NC | 28110 | CONSTRUCTION | $2,358,090 |
| ROYALL & COMPANY | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23228 | STUDENT SEARCH | $821,231 |
| MOSELEY ARCHITECTS PC | |||||
| 11430 NORTH COMMUNITY HOUSE ROAD | CHARLOTTE | NC | 28277 | ARCHITECT | $705,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $172,099 | FundraisingAmt |
| All Other Contributions | $3,130,697 | AllOtherContributionsAmt |
| Noncash Contributions | $560,395 | NoncashContributionsAmt |
| Total Contributions | $3,302,796 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $74,683,565 | $74,683,565 |
| HOUSING | 611310 | $15,278,606 | $15,278,606 |
| STUDENT FEES & MISC | 611310 | $1,692,815 | $1,692,815 |
| BOOKSTORE REVENUE | 611310 | $1,209,493 | $1,209,493 |
| FOOD SERVICE REVENUE | 611310 | $128,733 | $128,733 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $92,993,212 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,921,843 | TotalRevenueColumnAmt |
| Exclusion | $1,921,843 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $377,203 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $377,203 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $377,203 | TotalRevenueColumnAmt |
| Exclusion | $377,203 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,200,610 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,991,572 | SecuritiesAmt |
| Other | $97,647 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$790,962 | SecuritiesAmt |
| Other | -$97,647 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$888,609 | TotalRevenueColumnAmt |
| Exclusion | -$888,609 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $27,790 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $172,099 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $60,717 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$32,927 | TotalRevenueColumnAmt |
| Exclusion | -$32,927 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| CAMPS & CONFERENCES | 713940 | $236,231 | $236,231 | |
| ATHLETIC INCOME | 611310 | $129,029 | $129,029 | |
| NEWSPAPER | 511110 | $105,716 | $105,716 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,620 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,620 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $487,596 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,161,114 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $93,138,861 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $341,947 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,377,510 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,284,068 | TotalAmt |
| Program Services | $34,284,068 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,407 | TotalAmt |
| Program Services | $33,407 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,913,362 | TotalAmt |
| Program Services | $677,408 | ProgramServicesAmt |
| Management And General | $1,087,084 | ManagementAndGeneralAmt |
| Fundraising | $148,870 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,327,583 | TotalAmt |
| Program Services | $23,664,111 | ProgramServicesAmt |
| Management And General | $3,089,795 | ManagementAndGeneralAmt |
| Fundraising | $573,677 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,596,251 | TotalAmt |
| Program Services | $1,324,888 | ProgramServicesAmt |
| Management And General | $239,438 | ManagementAndGeneralAmt |
| Fundraising | $31,925 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,614,157 | TotalAmt |
| Program Services | $2,999,750 | ProgramServicesAmt |
| Management And General | $542,124 | ManagementAndGeneralAmt |
| Fundraising | $72,283 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,042,920 | TotalAmt |
| Program Services | $1,695,624 | ProgramServicesAmt |
| Management And General | $306,438 | ManagementAndGeneralAmt |
| Fundraising | $40,858 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,175 | TotalAmt |
| Management And General | $143,175 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,000 | TotalAmt |
| Management And General | $88,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,174 | TotalAmt |
| Management And General | $214,174 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,561 | TotalAmt |
| Management And General | $89,561 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $589,501 | TotalAmt |
| Management And General | $589,501 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,534,913 | TotalAmt |
| Program Services | $1,292,806 | ProgramServicesAmt |
| Management And General | $1,242,107 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,824,744 | TotalAmt |
| Program Services | $1,675,887 | ProgramServicesAmt |
| Management And General | $64,216 | ManagementAndGeneralAmt |
| Fundraising | $84,641 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,300 | TotalAmt |
| Management And General | $505,300 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,694,947 | TotalAmt |
| Management And General | $5,694,947 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,241 | TotalAmt |
| Program Services | $116,496 | ProgramServicesAmt |
| Management And General | $174,745 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| FOOD SERVICE | $3,697,812 | $3,697,812 | |
| GRADUATE AND PROFESSION | $3,176,136 | $3,176,136 | |
| PLANT ADMINISTRATION | $2,163,961 | $2,163,961 | |
| CAMPUS STORE | $1,213,796 | $1,213,796 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,944,234 | TotalAmt |
| Program Services | $4,308,769 | ProgramServicesAmt |
| Management And General | $2,116,921 | ManagementAndGeneralAmt |
| Fundraising | $518,544 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,983,243 | TotalAmt |
| Program Services | $75,249,350 | ProgramServicesAmt |
| Management And General | $23,263,095 | ManagementAndGeneralAmt |
| Fundraising | $1,470,798 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$75,227 | BOYAmt |
| EOY | -$83,208 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,291,595 | BOYAmt |
| EOY | $21,157,849 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,597,165 | BOYAmt |
| EOY | $3,783,886 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,710,722 | BOYAmt |
| EOY | $3,145,686 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,053,759 | BOYAmt |
| EOY | $573,692 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $797,749 | BOYAmt |
| EOY | $528,914 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $156,136,775 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,535,472 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,226,572 | BOYAmt |
| EOY | $97,601,303 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,706,415 | BOYAmt |
| EOY | $47,298,283 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,119,943 | BOYAmt |
| EOY | $1,057,917 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $908,854 | BOYAmt |
| EOY | $1,102,276 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,337,547 | BOYAmt |
| EOY | $176,166,598 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,203,537 | BOYAmt |
| EOY | $5,494,176 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,211,801 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $24,000,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,976,686 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $309,019 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,988,850 | BOYAmt |
| EOY | $22,635,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,524,764 | BOYAmt |
| EOY | $1,238,936 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,693,837 | BOYAmt |
| EOY | $58,888,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,990,874 | BOYAmt |
| EOY | $71,378,972 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,043,302 | BOYAmt |
| EOY | $19,670,540 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,609,534 | BOYAmt |
| EOY | $26,228,154 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,643,710 | BOYAmt |
| EOY | $117,277,666 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,337,547 | BOYAmt |
| EOY | $176,166,598 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,822,129 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,666,996 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$876,919 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,114,140 | BeginningYearBalanceAmt |
| Contributions | $618,620 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,471,890 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,535,882 | GrantsOrScholarshipsAmt |
| Other Expenditures | $138,547 | OtherExpendituresAmt |
| End Year Balance | $48,586,441 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,892,581 | BeginningYearBalanceAmt |
| Contributions | $1,839,324 | ContributionsAmt |
| Investment Earnings Or Losses | $2,118,007 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,572,395 | GrantsOrScholarshipsAmt |
| Other Expenditures | $163,377 | OtherExpendituresAmt |
| End Year Balance | $51,114,140 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,936,492 | BeginningYearBalanceAmt |
| Contributions | $1,769,145 | ContributionsAmt |
| Investment Earnings Or Losses | $4,220,720 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $932,161 | GrantsOrScholarshipsAmt |
| Other Expenditures | $101,615 | OtherExpendituresAmt |
| End Year Balance | $48,892,581 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,307,472 | BeginningYearBalanceAmt |
| Contributions | $1,033,670 | ContributionsAmt |
| Investment Earnings Or Losses | $5,673,976 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $986,075 | GrantsOrScholarshipsAmt |
| Other Expenditures | $92,551 | OtherExpendituresAmt |
| End Year Balance | $43,936,492 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,471,495 | BeginningYearBalanceAmt |
| Contributions | $11,311,161 | ContributionsAmt |
| Investment Earnings Or Losses | -$660,306 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $733,930 | GrantsOrScholarshipsAmt |
| Other Expenditures | $80,948 | OtherExpendituresAmt |
| End Year Balance | $38,307,472 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.14310 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54250 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31440 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $14,413 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,553,292 | OtherCostOrOtherBasisAmt |
| Book Value | $4,567,705 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $115,103,434 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,521,022 | DepreciationAmt |
| Book Value | $75,582,412 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,002,378 | OtherCostOrOtherBasisAmt |
| Depreciation | $486,025 | DepreciationAmt |
| Book Value | $516,353 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,695,155 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,556,972 | DepreciationAmt |
| Book Value | $8,138,183 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,768,103 | OtherCostOrOtherBasisAmt |
| Depreciation | $971,453 | DepreciationAmt |
| Book Value | $8,796,650 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $97,601,303 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP AGREEMENT | Desc |
| Amt | $1,238,936 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,238,936 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $60,552,348 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,666,996 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $187,828 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$35,190,315 | OtherRevenueAmt |
| Revenue Not Reported | -$37,669,483 | RevenueNotReportedAmt |
| Revenue Subtotal | $98,221,831 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$60,717 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$60,717 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $98,161,114 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $65,914,313 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $187,828 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $60,717 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $248,545 | ExpensesNotReportedAmt |
| Expenses Subtotal | $65,665,768 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $34,317,475 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $34,317,475 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $99,983,243 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | CUSTODIAL ACCOUNT RESPONSIBILITY ON LINE 21 RELATES TO STUDENT AND STUDENT ORGANIZATION DEPOSITS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED AS DIRECTED BY DONOR STIPULATION AND APPLICABLE LAWS. THESE RESOURCES FUND SCHOLARSHIPS AND GRANTS, PLANT FACILITIES, AND OTHER PROGRAMS AND INITIATIVES THAT FURTHER THE VISION AND MISSION OF THE UNIVERSITY. |
| PART X, LINE 2: | MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB). |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 24,892. RECLASSIFICATION OF INSTITUTIONAL AND STATE CONTRACTUAL GRANTS -34,317,475. LOSS ON INTEREST RATE SWAP AGREEMENTS -897,732. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES -60,717. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASSIFICATION OF FUNDRAISING EVENT EXPENSES 60,717. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFICATION OF INSTITUTIONAL AND STATE CONTRACTUAL GRANTS 34,317,475. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 6 | FormAndLineReferenceDesc |
| Explanation | TO FURTHER EDUCATIONAL MISSIONS, WINGATE UNIVERSITY RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE PROGRAMS IN SUPPORT OF ITS STUDENTS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| SOUTH AMERICA | 2 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $59,388 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 15 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $359,672 |
| CENTRAL AMERICA AND THE CARIBBEAN | 4 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $68,820 |
| EAST ASIA AND THE PACIFIC | 5 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $90,259 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 26 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 26 | TotalEmployeeCnt |
| Subtotal Spent | $578,139 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $578,139 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (4 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 5 | $21,078 | INVOICE REDUCTION |
| SCHOLARSHIP | SOUTH AMERICA | 3 | $6,734 | INVOICE REDUCTION |
| SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 2 | $3,095 | INVOICE REDUCTION |
| SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 1 | $2,500 | INVOICE REDUCTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | ELIGIBILITY FOR STUDY ABROAD SCHOLARSHIPS AND GRANTS IS DETERMINED EACH SEMESTER BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND ACADEMIC STANDING. THE FINANCIAL PLANNING DEPARTMENT AND TRAVEL COMMITTEE VERIFY SATISFACTORY ACADEMIC PROGRESS AND DETERMINE NEED BEFORE SCHOLARSHIPS AND GRANTS ARE DISTRIBUTED. |
| PART I, LINE 3: | COST OF PROGRAM |
| SCH F, LINE 3 | WINGATE UNIVERSITY'S ACTIVITY ABROAD IS COMPRISED OF FACULTY TEACHING STUDENT GROUPS ABROAD. THE UNIVERSITY DOES NOT MAINTAIN PERMANENT FACULTY, FACILITIES, OR STAFF IN THESE FOREIGN AREAS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PRESIDENT GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $55,809 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $48,049 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $7,760 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $15,304 | RentFacilityCostsEvent1Amt |
| Event2 | DAY OF GIVING | Event2Nm |
| Gross Receipts Event2 | $95,570 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $95,570 | CharitableContriEvent2Amt |
| Other Direct Expenses Event2 | $23,547 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $48,510 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $28,480 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $20,030 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $9,589 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $12,277 | RentFcltyCostsOtherEventsAmt |
| Gross Receipts Total | $199,889 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $172,099 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $27,790 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $9,589 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $27,581 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $23,547 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $60,717 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$32,927 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| ENDOWED SCHOLARSHIPS | 713 | $1,535,882 |
| RESTRICTED ANNUAL SCHOLARSHIPS | 114 | $443,185 |
| ATHLETIC SCHOLARSHIPS | 418 | $5,062,082 |
| ACADEMIC SCHOLARSHIPS | 2028 | $19,089,267 |
| NEED BASED SCHOLARSHIPS | 538 | $8,153,652 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T RHETT BROWN | ||||||||||||||
| PRESIDENT | $197,649 | $0 | $15,000 | $0 | $38,958 | $0 | $16,474 | $0 | $21,645 | $0 | $289,726 | $0 | $0 | $0 |
| MARTHA S ASTI | ||||||||||||||
| VICE PRESIDENT | $144,269 | $0 | $10,000 | $0 | $298 | $0 | $12,000 | $0 | $19,028 | $0 | $185,595 | $0 | $0 | $0 |
| WILLIAM H DURHAM | ||||||||||||||
| VICE PRESIDENT/CFO | $160,436 | $0 | $15,000 | $0 | $7,141 | $0 | $13,333 | $0 | $19,548 | $0 | $215,458 | $0 | $0 | $0 |
| SCOTTY E HUNSUCKER | ||||||||||||||
| VICE PRESIDENT | $112,842 | $0 | $15,000 | $0 | $6,002 | $0 | $9,333 | $0 | $12,617 | $0 | $155,794 | $0 | $0 | $0 |
| JERRY E MCGEE | ||||||||||||||
| PRESIDENT EMERITUS | $169,539 | $0 | $325,000 | $0 | $24,517 | $0 | $10,833 | $0 | $3,165 | $0 | $533,054 | $0 | $0 | $0 |
| ROBERT S POSTON | ||||||||||||||
| VICE PRESIDENT | $119,861 | $0 | $10,000 | $0 | $6,500 | $0 | $9,733 | $0 | $6,228 | $0 | $152,322 | $0 | $0 | $0 |
| ROBERT SUPERNAW | ||||||||||||||
| VICE PRESIDENT | $268,603 | $0 | $12,000 | $0 | $4,801 | $0 | $21,947 | $0 | $19,177 | $0 | $326,528 | $0 | $0 | $0 |
| E VINCENT TILSON | ||||||||||||||
| VICE PRESIDENT | $127,628 | $0 | $12,000 | $0 | $9,242 | $0 | $10,427 | $0 | $7,132 | $0 | $166,429 | $0 | $0 | $0 |
| GREGORY L ALSTON | ||||||||||||||
| PROFESSOR | $132,804 | $0 | $0 | $0 | $1,188 | $0 | $11,083 | $0 | $18,848 | $0 | $163,923 | $0 | $0 | $0 |
| KEVIN BRUEILLY | ||||||||||||||
| PROGRAM DIRECTOR & PROFESSOR | $137,564 | $0 | $0 | $0 | $415 | $0 | $11,464 | $0 | $18,848 | $0 | $168,291 | $0 | $0 | $0 |
| CAROLYN FORD | ||||||||||||||
| PROFESSOR | $145,484 | $0 | $0 | $0 | $774 | $0 | $11,783 | $0 | $6,082 | $0 | $164,123 | $0 | $0 | $0 |
| TRACY HUNTER | ||||||||||||||
| PROFESSOR | $127,166 | $0 | $0 | $0 | $1,188 | $0 | $10,836 | $0 | $21,560 | $0 | $160,750 | $0 | $0 | $0 |
| SAMIR KOUZI | ||||||||||||||
| PROFESSOR | $135,347 | $0 | $0 | $0 | $414 | $0 | $11,286 | $0 | $19,017 | $0 | $166,064 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISCONSIN PUBLIC FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273866124 | BondIssuerEIN |
| Bond Issued | 2016-05-31 | BondIssuedDt |
| Issue Price | $24,000,000 | IssuePriceAmt |
| Purpose | FINANCE CAPITAL IMPROVEMENTS AND REFINANCE DEBT | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $24,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $148,199 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $16,351,801 | OtherSpentProceedsAmt |
| Unspent | $7,500,000 | UnspentAmt |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNTRUST BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 12.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| CC DICKSON COMPANY | |||
| OWNER C.C. DICKSON JR. IS A UNIVERSITY TRUSTEE | $22,297 | PURCHASE OF MAINTENANCE SUPPLIES IN THE NORMAL COURSE OF BUSINESS | 0 |
| DAVIS FURNITURE | |||
| OWNER DANNY DAVIS IS A UNIVERSITY TRUSTEE | $63,450 | PURCHASE OF FURNITURE IN THE THE NORMAL COURSE OF BUSINESS | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $900 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | INVOICE COST | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $193,098 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR STATED | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,042 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | INVOICE COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | FURN & EQUIP | 322 | $340,960 | INVOICE COST |
| Yes (X) | GRAPHICS-TROPHIES, MONOGRAMS | 378 | $7,766 | INVOICE COST |
| Yes (X) | CONF REGIST | 3 | $5,296 | INVOICE COST |
| Yes (X) | STETHOSCOPES | 70 | $4,169 | INVOICE COST |
| Yes (X) | EVENT DECORATIONS | 1 | $365 | INVOICE COST |
| Yes (X) | GAME TICKETS | 2 | $200 | DONOR STATED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTIONS INDICATES THE NUMBER OF ITEMS RECEIVED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SUBMISSION. THE 990 IS THEN PROVIDED TO THE BOARD MEMBERS AND DISCUSSED IN A MEETING OF THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES AND KEY EMPLOYEES. EACH PERSON INFORMS WINGATE OF ANY POSSIBLE CONFLICT ON THE FORM THEY SIGN. THE CONFLICT OF INTEREST POLICY APPLIES ON MAJOR CONTRACTUAL ARRANGEMENTS WHERE OFFICERS, TRUSTEES, OR KEY EMPLOYEES HAVE AN INTEREST; TOTAL DISCLOSURE TO DECISION MAKER IS MADE. THE AFFECTED INDIVIDUAL RECUSES HIM/HERSELF FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE ADVISORY COMMITTEE OF THE BOARD OF TRUSTEES ("EAC") CONTRACTED WITH AN EXECUTIVE COMPENSATION CONSULTANT TO CONDUCT A COMPREHENSIVE EXECUTIVE COMPENSATION STUDY. THE CONSULTANT COMPARED THE EXECUTIVE SALARIES OF A PEER GROUP OF TEN (10) UNIVERSITIES IN NORTH CAROLINA, SOUTH CAROLINA, AND TENNESSEE WITH THOSE AT WINGATE UNIVERSITY. THE CONSULTANT SUBMITTED THE DATA AND ASSESSMENT TO THE EAC. THE ASSESSMENT CONCLUDED THAT THE COMPENSATION FOR THE PRESIDENT AND PRESIDENT'S CABINET WAS CONSISTENT WITH THE PEER GROUP, AS WELL AS APPROPRIATE IN THE CONTEXT OF MARKET CONDITIONS FOR HIGHER EDUCATION IN THE CAROLINAS. ON THE BASIS OF THESE FINDINGS, EAC MADE COMPENSATION RECOMMENDATIONS TO THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE, WHICH APPROVED THE RECOMMENDATIONS. THE COMPENSATION RECOMMENDATIONS WERE THEN SUBMITTED TO THE ENTIRE BOARD OF TRUSTEES, WHERE THE RECOMMENDATIONS WERE APPROVED AND IMPLEMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 20,813. LOSS ON INTEREST RATE SWAP AGREEMENTS -897,732. |
| FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE: | THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE PRIOR YEAR. |
| FORM 990, PART VII, SECTION A, COLUMN F | THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 | AddressLine1Txt |
| City | WINGATE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28174 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561559907 | EIN |
| Primary Activities | ORGANIZED SOLELY FOR THE BENEFIT OF WINGATE UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 11A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINGATE UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |