2016-02-15T00:00:00-06:00 2015-06-30 363990892 CAPIN CROUSE LLP 972 EMERSON PARKWAY STE A GREENWOOD IN 46143 990 2014-07-01 570352247 COLUMBIA INTERNATIONAL UNIVERSITY COLU 8007772227 7435 MONTICELLO RD COLUMBIA SC 29203 KEITH STOKELD CHIEF FINANCIAL OFFICER 8007772227 2016-02-17 1 DAVID C MOJA P00747006 3178852620 2014 2016-08-17 19:52:53Z CIU BEN LIPPEN SCHOOL KEITH STOKELD 7435 MONTICELLO RD COLUMBIA SC 29203 56198677 0 X HTTP://WWW.CIU.EDU/ X 1927 SC CIU EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST. 20 20 820 625 -7577 -7577 4686563 8403880 31049795 27396903 774145 8339833 42250 192112 36552753 44332728 4140854 4475347 0 0 19519296 18171576 0 0 858448 13632762 12819302 37292912 35466225 -740159 8866503 76786191 86255729 18762100 19124405 58024091 67131324 COLUMBIA INTERNATIONAL UNIVERSITY EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST 0 0 16174091 4475347 15872897 COLUMBIA INTERNATIONAL UNIVERSITY EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST. IN THE 2014-15 SCHOOL YEAR THE UNIVERSITY SERVED 618 UNDERGRADUATE STUDENTS IN OUR BIBLE COLLEGE, AND 705 STUDENTS IN OUR GRADUATE SCHOOL AND SEMINARY. THE TOTAL NUMBER OF STUDENTS WHO GRADUATED IN 2014-15 WAS 326, WHICH INCLUDES 145 UNDERGRADUATE STUDENTS PLUS 181 GRADUATE AND SEMINARY STUDENTS. 9606670 0 10335569 BEN LIPPEN SCHOOL SEEKS TO GLORIFY GOD BY ASSISTING FAMILIES AND CHURCHES IN EQUIPPING STUDENTS SPIRITUALLY, ACADEMICALLY AND SOCIALLY UNDER THE LORDSHIP OF JESUS CHRIST. DURING THE 2014-15 ACADEMIC YEAR, BEN LIPPEN SERVED 737 STUDENTS IN GRADES K-12, OF WHICH 86 WERE MEMBERS OF THE CLASS OF 2015. THESE STUDENTS, WHICH REPRESENT 510 FAMILIES, WERE SERVED BY 109 FULL- AND PART-TIME FACULTY AND STAFF. 967139 0 1198792 PINE VIEW APARTMENTS IS A 136-UNIT HOUSING COMMUNITY LOCATED ON THE WOODED HILLSIDES ADJACENT TO THE CORE CAMPUS. DURING THE 2014-2015 SCHOOL YEAR, IT SERVED AS HOME TO 350 CIU STUDENTS, STAFF MEMBERS, AND THEIR FAMILY MEMBERS. 26747900 1 1 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 83 0 820 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X KEITH STOKELD CHIEF FINANCIAL OFFICER 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29203 DAVID BEASLEY TRUSTEE 1.00 X 0 0 0 W TOBIN CASSELS TRUSTEE - TREASURER 1.00 X X 0 0 0 LYN COOK TRUSTEE 1.00 X 0 0 0 MARION DAVIS TRUSTEE 1.00 X 0 0 0 ADRIAN DESPRES JR TRUSTEE 1.00 X 0 0 0 HANS FINZEL TRUSTEE 1.00 X 0 0 0 RUSSELL FRENCH TRUSTEE 1.00 X 0 0 0 JENNIFER GUTWEIN TRUSTEE 1.00 X 0 0 0 D GARY HARLOW TRUSTEE 1.00 X 0 0 0 ROSS LINDSAY TRUSTEE 1.00 X 0 0 0 DAVID MORELAND TRUSTEE 1.00 X 0 0 0 J RONALD MULLINS CHAIR OF THE BOARD 1.00 X X 0 0 0 JERRY RANKIN BOARD SECRETARY 1.00 X X 0 0 0 DOUGLAS RUTT VICE CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 MARQUIS RYAN TRUSTEE 1.00 X 0 0 0 WILL SCHAFER TRUSTEE 1.00 X 0 0 0 MARVIN SCHUSTER TRUSTEE 1.00 X 0 0 0 JAMES DIXON JR TRUSTEE 1.00 X 0 0 0 CHIKONG SHUE TRUSTEE 1.00 X 0 0 0 MARSHALL WHITE TRUSTEE 1.00 X 0 0 0 WILLIAM JONES PRESIDENT 60.00 X 120084 0 60330 KEITH STOKELD CHIEF FINANCIAL OFFICER 50.00 X 65198 0 12045 D KEITH MARION VICE PRESIDENT FOR ESTATE AND GIFT PLANNING 50.00 X 126042 0 13774 311324 0 86149 2 0 0 0 PIONEER COLLEGE CATERERS 303 GLENROSE AVE NASHVILLE TN 37210 CATERING SERVICES 1502433 NOEL-LEVITZ 2350 OAKDALE BLVD CORALVILLE IA 52241 CONSULTING 225641 WO BLACKSTONE CONSTRUCTION 425 HUGER STREET COLUMBIA SC 29202 CONSTRUCTION 169584 BURRISS ELECTRICAL INC 1251 N LAKE DRIVE LEXINGTON SC 29072 CONSTRUCTION 111000 PROFESSIONAL PRINTERS INC 301-B GREYSTONE BLVD COLUMBIA SC 29210 PRINTING 104610 5 4216 112091 8287573 386872 8403880 TUITION AND FEES 611310 13490529 13490529 BEN LIPPEN SCHOOL 611310 10335569 10335569 AUXILIARY SERVICES 611310 2362288 2362288 PINE VIEW APARTMENTS 611310 1198792 1198792 EDUCATIONAL SALES/SERV 611310 9725 9725 27396903 797838 797838 65220 9255 22805 16832 42415 -7577 34838 -7577 42415 8848137 10500000 8754978 3051164 93159 7448836 7541995 7541995 38645 4216 20170 18475 18475 REIMBURSEMENT INCOME 900099 49723 49723 INSURANCE REIMBURSEMENT 900099 46730 46730 MISC. 900099 14701 14701 27645 10355 17290 138799 44332728 27407258 -7577 8529167 165840 165840 4309507 4309507 374257 78180 245381 50696 12798981 10229964 2125744 443273 588625 455237 109259 24129 3539891 1997427 1475141 67323 869822 678540 160133 31149 30580 3047 25984 1549 77114 77114 197208 197208 681295 379708 273561 28026 1228144 917467 266521 44156 209511 28123 180752 636 1648756 1365319 257914 25523 737546 666134 58595 12817 117565 63672 53540 353 816930 816930 2182587 1615951 516239 50397 320093 232909 77593 9591 EXTERNAL SERVICES 2789682 2490944 266506 32232 REPAIRS AND MAINTENANCE 762591 438862 312296 11433 FINANCIAL AID 592839 592839 LOSS FROM DISCONTINUED 209701 209701 217160 38230 153765 25165 35466225 26747900 7859877 858448 2328423 2021919 9414174 6137654 210811 424081 31453 20483 54669 67799 56796100 20261680 40107765 36534420 17713413 30958434 3591816 5224193 327644 0 3006023 4866746 76786191 86255729 806167 717588 1265411 1333269 13530446 13166382 3160076 3907166 18762100 19124405 X 27415588 34923699 26099786 27616645 4508717 4590980 58024091 67131324 76786191 86255729 X 8866503 146969 93761 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 185750 178840 116796 1 1 15149725 13822979 657537 663179 28967062 13591501 430378 1548727 420381 15149725 12519908 428706 882752 236865 13591501 12256418 450821 181778 372109 12516908 10697398 545711 1103738 90429 12256418 0.84000 0.16000 0 0 4334071 4334071 42158283 15325721 26832562 3575343 1734182 1841161 6728403 3201777 3526626 36534420 CASH AND CASH EQUIVALENTS 282666 C STOCKS 2784 C MUTUAL FUNDS 4423906 C FIXED INCOME SECURITIES 90749 C ALTERNATIVE INVESTMENT REAL-ESTATE 54241 C ALTERNATIVE INVESTMENT LIMITED PARTNERSHIP 368611 C ALTERNATIVE INVESTMENT OTHER HELD AT GIFT BASIS 1236 C 5224193 CASH SURRENDER VALUE OF LIFE INSURANCE 117501 ESTATE RECEIVABLE 1000000 TRUST ASSETS 3749245 4866746 TRUST LIABILITIES 1736156 DEPOSITS HELD IN CUSTODY 1083732 ANNUITIES PAYABLE 1087278 3907166 X 40066743 146969 93761 240730 39826013 197208 4309507 4506715 44332728 30959510 0 30959510 197208 4309507 4506715 35466225 PART V, LINE 4: COLUMBIA INTERNATIONAL UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR STUDENT FINANCIAL AID. PART X, LINE 2: THE UNIVERSITY HAS ADOPTED THE NEW PROVISIONS OF THE "INCOME TAX" TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPTECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2015 AND 2014, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST ASSETS/ANNUITIES 36,468. FUND RAISING EXPENSE 20,170. RENT EXPENSES 30,382. MISC. 6,741. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS NETTED AGAINST REVENUE 4,309,507. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS NETTED AGAINST REVENUE 4,309,507. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AVAILABLE TO THE PUBLIC AND INCLUDED IN A NEWSPAPER AD SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED $83,235 FROM THE FEDERAL COLLEGE WORK STUDY PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES STUDY TOURS 101378 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES STUDY TOURS 143200 EAST ASIA AND PACIFIC PROGRAM SERVICES STUDY TOURS, RECRUITMENT 220520 0 0 0 0 0 0 465098 0 465098 0 0 0 0 0 0 PART I, LINE 3: CIU USES THE ACCRUAL METHOD OF ACCOUNTING. ALL AMOUNTS REPRESENT EXPENDITURES; NO INVESTMENTS WERE MADE CEDAR CREEK SKEET SHOOT 42861 4216 38645 5500 5164 231 9275 42861 4216 38645 5500 5164 231 9275 20170 18475 1 CHILD ENVANGELISM FELLOWSHIP 500 ST ANDREWS ROAD COLUMBIA SC 29203 570567186 501 (C) (3) 11000 GENERAL SUPPORT FIRST PRESBYTERIAN 1324 MARION ST COLUMBIA SC 29201 570314437 501 (C) (3) 45000 GENERAL SUPPORT MISSION TRAINING INTERNATIONAL 421 HWY 105 PALMER LAKE CO 80133 381452052 501 (C) (3) 67000 GENERAL SUPPORT SEND HOPE 123 AUTO DRIVE BOISE ID 83709 820373010 501 (C) (3) 5000 GENERAL SUPPORT WORLD WITNESS 1 CLEVELAND ST GREENVILLE SC 29601 570789692 501 (C) (3) 6000 GENERAL SUPPORT 5 0 STUDENT SCHOLARSHIP 783 4309507 PART I, LINE 2: SCHOLARSHIPS AND TUITION DISCOUNTS ARE AWARDED BASED ON DEMONSTRATED FINANCIAL NEED AND MISSION COMPATIBILITY OF THE STUDENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 1A IT IS THE PRACTICE OF CIU TO PROVIDE THE PRESIDENT WITH A MINISTERS HOUSING ALLOWANCE AS PART OF HIS COMPENSATION PACKAGE. MERIT-BASED AID 2 12825 X 11 386872 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY OUR OUTSIDE CPA FIRM. THE COMPLETED FORM 990 IS SENT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. VERBAL APPROVAL OF EACH COMMITTEE MEMBER IS OBTAINED BEFORE FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES: EACH MEMBER OF THE BOARD OF TRUSTEES MUST ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST AND RELATED-PARTY TRANSACTION POLICY AND DISCLOSURE FORM (BOARD CONFLICT POLICY). THE BOARD CONFLICT POLICY GIVES EXAMPLES OF CONLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE BOARD CONFLICT POLICY DELINEATES A DISCLOSURE PROCEDURE THAT REQUIRES THE BOARD MEMBER TO REPORT THE CONFLICT TO THE PRESIDENT WHO REFERS THE INFORMATION TO THE NOMINATING AND BOARD REVIEW COMMITTEE FOR INVESTIGATION AND FOR A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. EMPLOYEES: OUR CONLICT OF INTEREST POLICY IS STATED IN OUR EMPLOYEE HANDBOOK. ALL REGULAR FULL-TIME AND PART-TIME EMPLOYEES (WHICH INCLUDES THE PRESIDENT AND KEY EMPLOYEES) MUST READ THE EMPLOYEE HANDBOOK THEIR FIRST WEEK ON THE JOB AND ANNUALLY THEREAFTER, AND THEY MUST SIGN A STATEMENT THAT THEY HAVE READ IT AND ARE IN COMPLIANCE WITH ITS POLICIES, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE POLICY INSTRUCTS EMPLOYEES TO DISCLOSE THE CONFLICT TO THEIR SUPERVISOR. SUPERVISORS ARE INSTRUCTED IN THE SUPERVISORS' POLICY MANUAL TO CONFER WITH THEIR SUPERVISOR AND THE HUMAN RESOURCES DIRECTOR WHO TOGETHER WILL DETERMINE IF A CONFLICT EXISTS, TO WHAT EXTENT, AND THE APPROPRIATE COURSE OF ACTION. IF THE PROBLEM CANNOT BE RESOLVED AT THAT LEVEL, THE MATTER WILL BE PRESENTED TO THE PRESIDENT FOR DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 EXTERNAL COMPARISONS ARE MADE WITH SIMILAR INSTITUTIONS FOR THE PRESIDENT AND FOR KEY EMPLOYEES. ADDITIONALLY, INTERNAL COMPARISONS ARE MADE TO DETERMINE RELATIVE SALARY RANGE AMONG THE PRESIDENT AND KEY EMPLOYEES. A 10-YEAR HISTORY OF THE ORGANIZATION'S PRESIDENTS' SALARIES IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF KEY EMPLOYEES THROUGH A 10-YEAR HISTORY THAT IS PROVIDED TO THE COMMITTEE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE AT THE WWW.CIU.EDU AND WWW.GUIDESTAR.ORG WEBSITES, AND UPON REQUEST. FORMS 1023 AND 990-T ARE AVAILABLE UPON REQUEST. COLUMBIA INTERNATIONAL UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF TRUST ASSETS/ANNUITIES 36,468. FUND RAISING EXPENSES 20,170. RENT EXPENSES 30,382. MISC. 6,741. CHARITABLE REMAINDER UNITRUST (13) CHARITABLE REMAINDER TRUST SC COLUMBIA INTERNATIONAL UNIVERSITY T 0 ONE LIFE PLUS TERM UNITRUST(1) ONE LIFE PLUS TERM UNITRUST SC COLUMBIA INTERNATIONAL UNIVERSITY T 0 TERM OF YEARS ANNUITY TRUST (1) TERM OF YEARS ANNUITY TRUST SC COLUMBIA INTERNATIONAL UNIVERSITY T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0