2016-01-15T12:16:31-06:00 2015-05-31 621736974 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2014-06-01 620599339 CUMBERLAND UNIVERSITY CUMB 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 37087 JUDY JORDAN VICE PRESIDENT/FINANCE 6155471249 2016-01-15 1 PAUL B VANTREASE JR CPA P01216364 6158936666 2016-01-14 X 2014 2016-04-25 22:37:26Z JUDY JORDAN ONE CUMBERLAND SQ LEBANON TN 37087 35743369 0 X WWW.CUMBERLAND.EDU X 1842 TN PROVIDING PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 26 26 557 0 0 0 3630544 3379238 30733621 28922510 841599 476326 -114947 -28597 35090817 32749477 14270516 13439547 0 0 9834305 9361092 0 0 506873 10663137 10208597 34767958 33009236 322859 -259759 39635844 37789466 12443853 11028519 27191991 26760947 X TO PROVIDE PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 0 0 8163772 25130634 INSTRUCTION - PRIVATE UNIVERSITY PROVIDING EDUCATION FOR APPROXIMATELY 942 FULL-TIME AND 130 PART-TIME UNDERGRADUATE AND 166 GRADUATE STUDENTS THROUGH ITS FIVE UNDERGRADUATE DIVISIONS AND GRADUATE PROGRAMS. 4069990 3736251 STUDENT SERVICES - PROVIDE SERVICES TO THE APPROXIMATELY 1,238 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS. 1568957 OTHER SERVICES - SERVICES OPERATED FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY, AND STAFF. 13439547 13439547 GRANTS & ALLOCATIONS - PROVIDES ASSISTANCE THROUGH FUNDED AND UNFUNDED SCHOLARSHIPS AND AWARDS TO THE APPROX 1,178 STUDENTS AND THROUGH GOVT FUNDED STUDENT FINANCIAL AID PROGRAMS TO APPROX 824 STUDENTS QUALIFYING FOR GOVT ASSISTANCE. 13439547 13439547 27242266 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 74 0 557 1 0 0 0 0 0 1 1 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X MS JUDY JORDAN 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 370873554 ROBERT CARVER BONE MD CHAIRMAN EMERITUS 1.00 X 0 0 0 W P BONE III SECRETARY-TREASURER 2.00 X X 0 0 0 MARTHA BRADSHAW TRUSTEE 1.00 X 0 0 0 J RANDALL CLEMONS TRUSTEE 1.00 X 0 0 0 SANDRA MOSS DUNCAN TRUSTEE 1.00 X 0 0 0 J SAMUEL HATCHER TRUSTEE 2.00 X 0 0 0 WILLIAM D HEYDEL DLL HONORIS CAUSA TRUSTEE 1.00 X 0 0 0 JIM K LANCASTER DLL HONORIS CAUSA TRUSTEE 1.00 X 0 0 0 BOB MCDONALD CHAIRMAN 4.00 X X 0 0 0 MARK RIGGINS TRUSTEE 1.00 X 0 0 0 ANNE B ROBERTS TRUSTEE 1.00 X 0 0 0 DR EDWARD L THACKSTON PHD TRUSTEE 2.00 X 0 0 0 W JOSEPH ADAMS TRUSTEE 2.00 X 0 0 0 JACQUELINE COWDEN TRUSTEE 1.00 X 0 0 0 BOB N VERO EDD VICE CHAIRMAN 2.00 X X 0 0 0 JOHN VAN MOL TRUSTEE 1.00 X 0 0 0 EDWARD CALLIS TRUSTEE 1.00 X 0 0 0 GREG DUGDALE TRUSTEE 1.00 X 0 0 0 SAAD EHTISHAM TRUSTEE 1.00 X 0 0 0 CATHY GRACEY TRUSTEE 1.00 X 0 0 0 CHARLES GROAT PHD TRUSTEE 1.00 X 0 0 0 JOHN D WOOTTEN JR THE HONORABLE TRUSTEE 1.00 X 0 0 0 ANDRE L CHURCHWELL MD TRUSTEE 1.00 X 0 0 0 MICHAEL SPALDING MD TRUSTEE 1.00 X 0 0 0 WAYNE STARKS TRUSTEE 1.00 X 0 0 0 J ROY WAUFORD TRUSTEE 1.00 X 0 0 0 DR HARVILL EATON PHD UNIVERSITY PRESIDENT 40.00 X 202595 0 0 JUDY JORDAN VP FINANCE 40.00 X 93720 0 0 RUSTY RICHARDSON VP ADVANCEMENT 40.00 X 111720 0 0 WILLIAM MCKEE VP ACADEMIC AFFAIRS 40.00 X 102720 0 0 RON PAVAN VP ENROLLMENT SERVICES (ATHLETIC DIRECTOR) 40.00 X 103720 0 0 STACEY GARRETT VP ONLINE PROF STUDIES 40.00 X 135000 0 0 CHARLES PAWLAWSKI VP ENROLLMENT MANAGEMENT 40.00 X 102945 0 0 852420 0 0 6 0 1 0 CAPITAL EDUCATION LLC 200 SOUTH WACKER STE 1600 CHICAGO IL 60606 IT PLATFORM/MARKETING 1472754 CHARTWELLS DINING SERVICE PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICE PROVIDER 1313140 CAVALRY SECURITY 315 DEADERICK ST STE 125 NASHVILLE TN 37238 SECURITY SERVICES 268391 DYE VAN MOL & LAWRENCE INC 700 12TH AVE S STE 400 NASHVILLE TN 37203 ADVERTISING 268252 PROVIDENCE WEST MEDICAL CTR 1405 THRUSH CT MT JULIET TN 37122 RENT 203426 8 1976795 49975 1352468 3379238 TUITION & FEES 611310 25130634 25130634 STUDENT ROOM AND BOARD 611310 3032517 3032517 AUXILIARY ENTERPRISES 611310 461534 461534 SUMMER CAMP, PROFESSIONAL WORKSHO 611310 297825 297825 28922510 531951 531951 2344705 2400330 -55625 -55625 -55625 70740 49975 74574 -3834 -3834 494225 518988 -24763 -24763 32749477 28866885 0 503354 13439547 13439547 783851 263113 313300 207438 7520701 6416164 939502 165035 350653 282027 52899 15727 705887 567739 106488 31660 153455 153455 3034656 1512592 1504537 17527 246598 17286 228937 375 2143885 1254928 829667 59290 1173735 123408 1050327 1809427 1766544 39497 3386 617 194 423 252780 252780 1114134 1114134 112283 112283 MEMBERSHIPS/SUBSCRIPTIO 85542 40419 39111 6012 MISCELLANEOUS 34849 32472 2377 RECRUITING 29413 29413 PUBLICATIONS 17223 17223 33009236 27242266 5260097 506873 4003435 3561183 350356 329605 1704293 1460934 216793 192988 282739 98444 282748 254841 38031853 17746779 21211639 20285074 10311836 9919059 1175865 1615503 96140 71835 39635844 37789466 1552083 1135700 2212566 1929986 8330868 7645000 348336 317833 12443853 11028519 X 15490544 14665320 5965004 6171317 5736443 5924310 27191991 26760947 39635844 37789466 X -259759 -173503 2218 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 11527400 314292 267429 11574262 10287673 1372461 132734 11527400 9352255 935418 10287673 9781670 -429415 9352255 8571502 24740 1185428 9781670 0.40200 0.40800 0.19000 0 0 1046198 1046198 27835594 10978749 16856845 7275483 6128212 1147271 1874578 639818 1234760 20285074 FEDERAL STUDENT LOAN FUNDS 272415 LIABILITIES UNDER ANNUITY AGREEMENTS 45418 317833 X 21893703 -173503 187500 593562 607559 21286144 11463333 11463333 32749477 22324747 187500 591344 778844 21545903 11463333 11463333 33009236 PART III, LINE 4: THE UNIVERSITY HOUSES A COLLECTION OF MOUNTED ANIMAL SPECIES FROM VARIOUS COUNTRIES IN ITS ADMINISTRATION BUILDING. THE COLLECTION IS VISITED FREQUENTLY BY CLASSES FROM DAY CARES, ELEMENTARY SCHOOLS, AND THE GENERAL PUBLIC. THE UNIVERSITY HOUSES A COLLECTION OF HISTORICAL RECORDS INCLUDING ORIGINAL MINUTES FROM ITS ORIGINATION IN THE LIBRARY ARCHIVES. THESE RECORDS ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT FOR PERSONAL RESEARCH AND ARE PRESERVED FOR FUTURE GENERATIONS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. AT MAY 31, 2015, THE UNIVERSITY'S TAX RETURNS RELATED TO FISCAL YEARS ENDED MAY 31, 2012 THROUGH MAY 31, 2014 REMAIN OPEN TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 518,988. FUNDRAISING EXPENSES 74,574. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 11,463,333. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 518,988. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,218. FUNDRAISING EXPENSES 74,574. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 11,463,333. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN COMMERCIALS AND MEDIA COVERAGE OF THE UNIVERSITY, THE NONDISCRIMINATORY POLICY IS MENTIONED. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES MONIES FROM U.S. DEPT OF EDUCATION AND TENNESSEE STUDENT ASSISTANCE CORPORATION IN THE FORM OF VARIOUS GRANTS. FEDERAL GRANTS INCLUDE PELL, SEOG, FEDERAL WORK STUDY. UNIVERSITY ALSO MAINTAINS ELIGIBILITY TO PARTICIPATE IN FEDERAL STAFFORD LOAN AND FEDERAL PERKINS LOAN PROGRAMS. STATE GRANTS RECEIVED IN FORM OF TSAC AND VOCATIONAL REHAB GRANTS. PHOENIX BALL 120715 49975 70740 74574 120715 49975 70740 74574 74574 -3834 1 STUDENT SCHOLARSHIPS 1178 13439547 PART I, LINE 2: STUDENTS ARE VERIFIED FOR ELIGIBILITY AND FUNDS ARE POSTED TO EACH STUDENT'S ACCOUNT. ACCOUNT IS REFUNED IF NOT USED IN SPECIFIED TIME OR IF STUDENT WITHDRAWS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR HARVILL EATON PHD UNIVERSITY PRESIDENT 198875 0 0 0 3720 0 0 0 0 0 202595 0 0 0 PART I, LINE 1A PRESIDENT HARVILLE EATON IS PROVIDED A RESIDENCE AS PROVIDED FOR BY HIS EMPLOYMENT CONTRACT. IT HAS A VALUE OF $1,100/MONTH. WP BONE OWNER - WILSON COUNTY MOTORS 9239 VEHICLE EXPENSE 0 JOHN VAN MOL OWNER - DYE, VAN MOL AND LAWRENCE 174169 ADVERTISING AGENCY 0 STACEY GARRETT PARTNER - BONE MCALLESTER NORTON PLLC 117505 LEGAL COUNSEL 0 X 1 27000 X 1 5500 X USE OF SPACE/RENT 1 161539 FAIR MARKET VALUE OF X ADVERTISING 1 11316 X PATRON PARTY SPONSORSHIP 1 7590 0 1 1 PART I, LINE 32B: WACHOVIA IS HIRED TO SELL GIFTS OF SECURITIES FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: TWO DIRECTORS OF CUMBERLAND UNIVERSITY ARE ALSO DIRECTORS OF CEDARSTONE BANK, ONE OF WHOM IS THE PRESIDENT OF THE BANK. THE MEMBERS ARE BOB MCDONALD AND JACKIE COWDEN. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUST (ALL UNPAID) APPOINTS A COMMITTEE (EXCLUSIVE OF BOARD OFFICERS) TO EVALUATE THE PRESIDENT'S PERFORMANCE COMPARED TO ESTABLISHED GOALS. THE COMMITTEE USES AAUP SURVEYS FOR COMPARABLE SCHOOLS AND RECOMMENDS TO THE BOARD ANY CHANGES IN SALARY SUBJECT TO THE COMPLETE BOARD OF TRUST VOTE. MINUTES ARE KEPT OF COMMITTEE AND BOARD MEETINGS TO SUBSTANTIATE THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,218. FORM 990, PART XI, LINE 2C THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED FORM 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING.