2016-11-15T15:02:50-06:00 2016-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2015-07-01 230973290 CAIRN UNIVERSITY CAIR 2157525800 200 MANOR AVENUE LANGHORNE PA 190472990 TODD J WILLIAMS PRESIDENT 2157525800 2016-11-15 1 STACY CULLEN P00974308 2159798800 2016-11-15 2015 2017-02-10 21:41:12Z TODD J WILLIAMS 34089010 0 X WWW.CAIRN.EDU X 1913 PA TO PROVIDE BIBLICALLY-INTEGRATED HIGHER EDUCATION TO STUDENTS IN ACADEMIC PROGRAMS IN BIBLE, EDUCATION, MUSIC, SOCIAL WORK, BUSINESS, ETC. 19 18 726 0 0 0 2390366 6786639 23089770 23166693 243777 -339373 117664 376233 25841577 29990192 8555726 8915691 0 0 11255196 11251634 0 0 394011 8338947 8111151 28149869 28278476 -2308292 1711716 46768403 46825521 15957788 14505956 30810615 32319565 TO EDUCATE STUDENTS TO SERVE CHRIST IN THE CHURCH, SOCIETY, AND THE WORLD AS BIBLICALLY MINDED, WELL-EDUCATED, AND PROFESSIONALLY COMPETENT MEN AND WOMEN OF CHARACTER. 0 0 19880508 8915691 23502149 EDUCATION OF STUDENTS IN THE SIX DIFFERENT SCHOOLS/DEPARTMENTS OFFERED AT CAIRN UNIVERSITY. THE 6 SCHOOLS ARE: THE SCHOOL OF EDUCATION, THE SCHOOL OF BUSINESS, THE SCHOOL OF DIVINITY, THE SCHOOL OF MUSIC, THE SCHOOL OF LIBERAL ARTS & SCIENCES AND THE SCHOOL OF SOCIAL WORK. 2271320 OPERATING STUDENT HOUSING FACILITIES INCLUDING MANOR RESIDENCE HALLS, HERITAGE HALL AND PENNDEL APARTMENTS, AS WELL AS THE FURMAN DINING COMMONS AND THE CAFE. TOGETHER THESE FACILITIES PROVIDE ROOM AND BOARD FOR THE STUDENTS. 22151828 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 94 0 1 726 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JEFF EUBANK CONTROLLER 2157024202 200 MANOR AVENUE LANGHORNE PA 190472990 DRTODD J WILLIAMS PRESIDENT 45.00 2.00 X X 163987 0 19043 EDWARD STILLMAN SECRETARY 2.00 2.00 X X 0 0 0 BETTY JANE HESS VICE CHAIR 2.00 X X 0 0 0 JOHN W SCHEFLEN CHAIR 2.00 2.00 X X 0 0 0 ELIZABETH MASON GIVENS TRUSTEE 2.00 X 0 0 0 S ERIC BEATTIE TRUSTEE 2.00 X 0 0 0 LEE W HIMMELMANN TRUSTEE 2.00 X 0 0 0 DR EDGAR N BRIGHTBILL TRUSTEE EMERITUS 2.00 X 0 0 0 DAVID WILLARD TRUSTEE 2.00 X 0 0 0 CLARENCE E LOCKETT TRUSTEE 2.00 X 0 0 0 JEAN S MACFADYEN TRUSTEE 2.00 X 0 0 0 DRPAMELA J OKADA TRUSTEE 2.00 X 0 0 0 MATTHEW HANCOCK TRUSTEE 2.00 X 0 0 0 WINFIELD H KEMPF TRUSTEE 2.00 X 0 0 0 MELVIN C NACE TRUSTEE EMERITUS 2.00 2.00 X 0 0 0 ROBERT H STRATON TRUSTEE 2.00 X 0 0 0 ROBERT DOLL TRUSTEE 2.00 2.00 X 0 0 0 DAVID J PARRAMORE TRUSTEE 2.00 X 0 0 0 G PATRICK STILLMAN TRUSTEE 2.00 2.00 X 0 0 0 JAN M HAAS SR VP - FINANCE & ADMIN 45.00 2.00 X 126126 0 15558 BRIAN G TOEWS SR VP & PROVOST 45.00 X 107509 0 4266 RUSSELL NIXON SR. VP FOR UNIVERSITY ADVA 40.00 2.00 X 117125 0 9023 SCOTT CAWOOD SR. VP FOR STUDENT AFFAIRS 40.00 X 100125 0 17078 PAUL TNEAL SR. VP MARKETING 40.00 X 102125 0 10128 716997 0 75096 6 0 1 0 PIONEER COLLEGE CATERERS INC C/O PBU 200 MANOR AVENUE LANGHORNE PA 19047 FOOD SERVICE 1113721 GCA SERVICES GROUP PO BOX 643823 PITTSBURGH PA 152643823 JANITORIAL 178381 CONSOLIDATED DRAKE PRESS 5050 PARKSIDE AVE PHILADELPHIA PA 19131 PRINTING 175804 EBSCO INFORMATION SERVICES 10 ESTES STREET IPSWICH MA 01938 BOOKS & PERIODICALS 157181 4 3950 265536 6517153 17842 6786639 TUITION AND FEES 900099 18601171 18601171 AUXILIARY ENTERPRISES 900099 4565522 4565522 23166693 387657 387657 47229 0 47229 47229 47229 3339656 4066686 -727030 -727030 -727030 25680 3950 32132 -6452 -6452 MISCELLANEOUS 900099 319339 319339 LAUNDRY VENDING INCOME 900099 16117 16117 335456 29990192 23166693 0 36860 8915691 8915691 307275 208547 98728 8922275 5857998 2773224 291053 202590 131587 62992 8011 1136562 758494 353512 24556 682932 441633 212495 28804 213572 82902 130670 10281 10281 43500 43500 202945 14157 188788 806491 457815 348676 433744 286680 145488 1576 1436579 1296582 132025 7972 559910 461679 80915 17316 405944 405944 6285 6285 1691361 1522225 169136 248434 1777 246657 FOOD SERVICE 974738 974738 STUDENT PROGRAMS AND AC 881943 704008 163718 14217 VEHICLE REPAIRS AND EXP 101874 2179 99695 PROFESSIONAL MEMBERSHIP 89438 33136 55796 506 4112 4112 28278476 22151828 5732637 394011 73747 13079 965190 987555 373494 500458 310316 120416 57835372 31634885 27980204 26200487 1065796 1226380 15999656 17777146 46768403 46825521 974961 597322 744802 614535 12193188 11264171 2044837 2029928 15957788 14505956 X 16569020 15323301 5760030 8469927 8481565 8526337 30810615 32319565 46768403 46825521 1711716 -202766 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11535729 -286347 -445523 660754 10143105 11350994 645711 139609 600585 11535729 11565966 213450 1496325 1924747 11350994 11471791 480473 777195 1163493 11565966 10523146 1294543 -97882 248016 11471791 0.00000 0.84060 0.15940 0 0 2013398 2013398 40929082 19114221 21814861 11190117 9913630 1276487 3702775 2607034 1095741 26200487 ASSETS HELD IN TRUST BY AFFILIATE 17777146 17777146 STUDENT DEPOSITS 250712 ANNUITIES PAYABLE 1372080 ACCRUED PENSION PLAN 407136 2029928 X 21023894 -202766 152159 -50607 21074501 8915691 8915691 29990192 19717582 354797 354797 19362785 8915691 8915691 28278476 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2012-2014) OR EXPECTED TO BE TAKEN IN THE UNIVERSITY'S 2015 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM AFFILIATE NOT INCLUDED ON FORM 990 120,027. SPECIAL EVENTS 32,132. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,915,691. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATE NOT INCLUDED ON THE FORM 990 322,665. SPECIAL EVENTS 32,132. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,915,691. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS PUBLISHED IN ADVERTISING FOR THE INSTITUTION. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PERIODICALLY RECEIVES GRANTS AND AID FROM VARIOUS GOVERNMENTAL AGENCIES FOR USE IN THE EDUCATIONAL PROCESS. 1 EUROPE (INCLUDING ICELAND AND GREENLAND) 1 0 PROGRAM SERVICES GRADUATE EDUCATION 22328 NORTH AMERICA 1 0 PROGRAM SERVICES GRADUATE EDUCATION 7828 2 0 0 0 2 0 30156 0 30156 SCHOLARSHIPS EUROPE 22 67444 CREDITED 0 0 0 0 0 0 PART I, LINE 2: AFTER AN APPLICATION IS SUBMITTED BY THE STUDENT, FINANCIAL AID EVALUATES IT FOR NEED AND BASED ON THEIR ENROLLED COURSES, AND THIS IS RE-EVALUATED EACH YEAR AS NEED AND ENROLLMENT INDICATE. THE UNIVERSITY DOES MONITOR THE USE OF THE STUDENT AID AND IT IS APPLIED TO THEIR STUDENT BILLING ACCOUNT IN THE UNIVERSITY'S SIS (STUDENT INFORMATION SYSTEM). GOLF OUTING 29630 3950 25680 25397 6735 29630 3950 25680 25397 6735 32132 -6452 1 SCHOLARSHIPS 879 8790233 PART I, LINE 2: AFTER AN APPLICATION IS SUBMITTED BY THE STUDENT, FINANCIAL AID EVALUATES IT FOR NEED AND BASED ON THEIR ENROLLED COURSES, AND THIS IS RE-EVALUATED EACH YEAR AS NEED AND ENROLLMENT INDICATE. THE UNIVERSITY DOES MONITOR THE USE OF THE STUDENT AID AND IT IS APPLIED TO THEIR STUDENT BILLING ACCOUNT IN THE UNIVERSITY'S SIS (STUDENT INFORMATION SYSTEM). X 1 0 X X 0 0 0 0 0 0 0 0 0 DRTODD J WILLIAMS PRESIDENT 163987 0 0 0 0 0 4920 0 14123 0 183030 0 0 0 PART I, LINE 1A TODD WILLIAMS IS PROVIDED WITH HOUSING ON CAMPUS WHICH HE USES AS APPROPRIATE FOR UNIVERSITY FUNCTIONS WHICH INCLUDE MEETINGS AND EVENTS. A LOWER SOUTHAMPTON TOWNSHIP INDUSTRIAL DEVELOPMENTAL AUTHORITY 462360610 548611AM4 2013-05-30 5165000 REPAY THE LMHEHA OUTSTANDING SERIES 2005 REVENUE BONDS. 0 0 0 A 5165000 96782 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS PROVIDED THE FORM 990 TO EACH BOARD MEMBER FOR THEIR REVIEW AND ALSO PROVIDED TIME FOR ANY QUESTIONS/COMMENTS PRIOR TO FILING THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY FOLLOWS POLICY # 5505-13 "CONFLICT OF INTEREST", A 3-PAGE DOCUMENT OUTLINING THE REQUIREMENTS OF BOARD MEMBERS WITH REFERENCE TO ANY CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES AND THE SENIOR VICE PRESIDENTS SHALL ANNUALLY SUBMIT TO THE OFFICE OF THE PRESIDENT A STATEMENT IDENTIFYING ANY FINANCIAL INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE PRESIDENT AND VICE PRESIDENTS IS DETERMINED UNDER UNIVERSITY POLICY # 5505-14, "EXECUTIVE COMPENSATION". THE GOVERNANCE COMMITTEE SHALL OBTAIN ANNUALLY AN INDEPENDENT SURVEY OF COMPENSATION PAID BY OTHER SIMILAR EDUCATIONAL INSTITUTIONS TO THEIR EXECUTIVE OFFICERS. THE GOVERNANCE COMMITTEE MAY ENGAGE AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IT TO OBTAIN AND EVALUATE THE COMPENSATION SURVEY OR MAY OBTAIN ASSISTANCE FROM HUMAN RESOURCES. THE GOVERNANCE COMMITTEE SHALL COMMUNICATE ITS RECOMMENDATION TO THE BOARD OF TRUSTEES IN THE FALL TO BE EFFECTIVE JANUARY 1 OF THE FOLLOWING YEAR. THE GOVERNANCE COMMITTEE SHALL BASE ITS RECOMMENDATION ON THE INDEPENDENT COMPENSATION SURVEY AND THE ANNUAL PERFORMANCE EVALUATION OF THE PRESIDENT AND SHALL COMMUNICATE THE BASIS OF ITS RECOMMENDATION TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES SHALL DETERMINE THE COMPENSATION OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 18 BY UNIVERSITY POLICY # 5512-09 REGARDING "PUBLIC INSPECTION OF THE IRS FORM 990", THE UNIVERSITY WILL PROVIDE BY MAIL, FAX OR EMAIL A COPY OF THE 990 UPON REQUEST TO THE CONTROLLER'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY HAS PREPARED THESE DOCUMENTS AND THEY ARE AVAILABLE UPON REQUEST TO THE CONTROLLER'S OFFICE. PART XI, LINE 2C THE PROCESS BY WHICH THE ORGANIZATION APPOINTS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE REGENCY FOUNDATION 200 MANOR AVE LANGHORNE PA 19047 232795443 FINANCIAL PLANNING PA 501C(3) 11A 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0