2016-07-08T10:37:54-05:00 2015-08-31 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2014-09-01 751596658 PARKER UNIVERSITY PARK 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DAVID GARAFOLA CHIEF FINANCIAL OFFICER 9724386932 2016-07-06 1 LARRY ADAMS P01314654 9723835700 2014 2016-09-27 15:27:22Z DR BRIAN MCAULAY 2540 WALNUT HILL LANE DALLAS TX 752295612 57584591 0 X WWW.PARKER.EDU X 1982 TX CHIROPRACTIC EDUCATION. 16 16 443 19 170842 -2543 464742 548244 31431175 32032276 1858877 1595192 502920 718437 34257714 34894149 1548118 1511752 0 0 17865481 19340287 0 0 523385 12755980 13473383 32169579 34325422 2088135 568727 46859047 44958561 3350366 3027727 43508681 41930834 X PARKER UNIVERSITY, BUILT UPON THE LEGACY OF ITS FLAGSHIP DOCTOR OF CHIROPRACTIC PROGRAM, HAS ESTABLISHED ITSELF AS A LEADING COMPREHENSIVE INSTITUTION. PARKER UNIVERSITY PROVIDES STUDENTS, PATIENTS, AND WELLNESS PROFESSIONALS WITH THE KNOWLEDGE AND HEALTHCARE EXPERIENCES TO REALIZE THEIR FULL POTENTIAL THROUGH A DEDICATED FOCUS ON EDUCATION, RESEARCH, AND SERVICE. 0 0 17831273 1511752 24987515 DOCTOR OF CHIROPRACTIC-PARKER UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 730 STUDENTS FOR FALL 2014, 722 STUDENTS FOR SPRING 2015 AND 691 STUDENTS FOR SUMMER 2015. THE COLLEGE GRADUATED 191 STUDENTS DURING THE FISCAL YEAR. 2848778 0 2277216 POSTGRADUATE EDUCATION-THE COLLEGE HOLDS EDUCATIONAL SEMINARS TO ASSIST DOCTORS IN MEETING THE REQUIREMENTS OF NATIONAL AND STATE BOARDS OF CHIROPRACTIC. SEMINARS ARE ALSO HELD TO ASSIST DOCTORS IN DAILY OPERATIONS OF THEIR OFFICES. 1920080 0 4043018 UNDERGRADUATE AND GRAD PROGRAMS-PARKER OFFERS A VARIETY OF UNDERGRAD AND GRAD PROGRAMS, ALL ARE BASED ON THE CORE PRINCIPLES OF PARKER UNIVERSITY AND ARE HEALTH CARE RELATED. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 179 STUDENTS FOR FALL 2014, 243 STUDENTS FOR SPRING 2015 AND 222 STUDENTS FOR SUMMER 2015. THE COLLEGE GRADUATED 4 MBA-MHCM STUDENTS AND 42 AAS-RT STUDENTS DURING THE FISCAL YEAR. 574971 0 701686 MASSAGE SCHOOL-PARKER UNIVERSITY MASSAGE SCHOOL MISSION IS TO EDUCATE INDIVIDUALS IN MASSAGE THERAPY. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 59 STUDENTS FOR FALL 2014, 53 STUDENTS FOR SPRING 2015 AND 31 STUDENTS FOR SUMMER 2015. THE COLLEGE GRADUATED 61 STUDENTS DURING THE FISCAL YEAR. 435455 0 22841 RESEARCH-CHIROPRACTIC RESEARCH IS AN IMPORTANT COMPONENT OF ACADEMIC ACTIVITY AT THE COLLEGE AND THEREFORE IS THE SOURCE OF CONTENT FOR QUALITY INSTRUCTIONAL PROGRAMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO CONDUCT, PRESENT AND PUBLISH RESEARCH RELATED TO CHIROPRACTIC. 1010426 0 724527 23610557 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 199 0 443 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PARKER UNIVERSITY BUSINESS OFFICE 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR WRIGHT LASSITER CHAIR 2.00 X X 0 0 0 DR STACEY OLSON VICE CHAIR 2.00 X X 0 0 0 BILL NARDIELLO TREASURER 2.00 X X 0 0 0 GILBERT GERST ASSISTANT TREASURER 2.00 X X 0 0 0 DR VINCENT SCHEFFLER SECRETARY 2.00 X X 0 0 0 DR STEPHEN BROOKS TRUSTEE 2.00 X 0 0 0 DR JOHN CARPENTER DEALEY TRUSTEE 2.00 X 0 0 0 DR PHILIP COOK TRUSTEE 2.00 X 0 0 0 DR THOM CHESNEY TRUSTEE 2.00 X 0 0 0 EDWARD DESPLAIS TRUSTEE 2.00 X 0 0 0 JACK DONOVAN TRUSTEE 2.00 X 0 0 0 DR J MICHAEL FLYNN TRUSTEE 2.00 X 0 0 0 DR RAYMUND KING TRUSTEE 2.00 X 0 0 0 DR ROBERT LONGENECKER TRUSTEE 2.00 X 0 0 0 DR JONATHAN MORGAN TRUSTEE 2.00 X 0 0 0 DR JAYNE MOSCHELLA TRUSTEE 2.00 X 0 0 0 HON DAVID NEWMANN TRUSTEE 2.00 X 0 0 0 DR DT NGUYEN TRUSTEE 2.00 X 0 0 0 BART PATZER TRUSTEE 2.00 X 0 0 0 DANIEL SAINT-GERMAIN TRUSTEE 2.00 X 0 0 0 DR OLIVER SMITH TRUSTEE 2.00 X 0 0 0 DR BRIAN MCAULAY PRESIDENT 40.00 X 376735 0 37900 GERY HOCHANADEL PROVOST 40.00 X 309323 0 33119 DAVID GARAFOLA VP BUSINESS AFFAIRS 40.00 X 218894 0 28419 KENNETH THOMAS VP EXTERNAL PROGRAMS 40.00 X 193964 0 23737 JANELL GIBSON ASSOCIATE PROVOST 40.00 X 146715 0 283 AMANDA RAINEY VP DEVELOPMENT 40.00 X 132375 0 14724 SANDRA MCLEAN VP HUMAN RESOURCES 40.00 X 119676 0 13425 ASHLEY CLEVELAND VP COLLEGE OF CHIROPRACTIC 40.00 X 26923 0 0 GENE GIGGLEMAN PROFESSOR 40.00 X 139588 0 23189 FRANCES CONNER DEAN OF BUSINESS & TECH 40.00 X 131853 0 8498 MARK MANDELL EXECUTIVE DIRECTOR-PARKER PROF 40.00 X 124325 0 13598 DONALD MCNUTT CHIEF INFORMATION OFFICER 40.00 X 123329 0 17343 REGINA LOGAN CONTROLLER 40.00 X 115840 0 7968 2159540 0 222203 17 0 1 0 PINNACLE CONTRACTING INC 7733 FORSYTH BOULEVARD SUITE 1550 SAINT LOUIS MO 63105 CONSTRUCTION/RENOVATION 1438254 UGL SERVICES UNICCO OPERATIONS CO 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITIES/HOUSEKEEPING 1273674 HELIX EDUCATION PO BOX 894 SALT LAKE CITY UT 84110 STUDENT LEAD GENERATION 814633 STANDARD PROCESS INC 1200 WEST ROYAL LEE DRIVE PALMYRA WI 53156 SUPPLEMENTS FOR BOOKSTORE/SHARE CENTER 773582 PLATTFORM ADVERTISING INC PO BOX 841142 DALLAS TX 75284 DIGITAL MEDIA ADVERTISING 634063 19 152751 395493 51369 548244 TUITION AND FEES 611310 30691689 30691689 EDUCATIONAL CLINIC 611310 902051 902051 DINING AND OTHER AUXILIARY 611310 438536 438536 32032276 807485 807485 41511 93155 -51644 -51644 -51644 21721950 20934243 787707 787707 787707 2381710 1663044 718666 170842 547824 MISCELLANEOUS 611310 51415 51415 51415 34894149 32032276 170842 2142787 1511752 1511752 1828207 343152 1245832 239223 13669546 9652099 3948842 68605 444743 330572 112883 1288 2344256 1877481 434676 32099 1053535 732621 301509 19405 36367 36367 102148 102148 66000 66000 218689 218689 596582 214374 293619 88589 1653774 43139 1610050 585 901185 610629 243876 46680 578733 544348 34181 204 3703673 2275100 1428573 300219 156688 135426 8105 554 554 1501345 1381944 119401 245759 245759 SEMINAR EXPENSES 1349640 1349640 STUDENT LIFE 764544 583899 179783 862 DUES AND SUBSCRIPTIONS 314005 112247 199953 1805 BANK FEES 235212 126100 109112 904954 1764772 -875753 15935 34325422 23610557 10191480 523385 3257963 1540307 197500 99000 239462 220083 414694 566653 234124 422907 1114901 1198135 551387 507816 36902995 28175527 8438345 8727468 32386512 31600647 24159 75545 46859047 44958561 2616228 2491840 537979 352641 12913 183246 183246 3350366 3027727 X 42364904 40701361 585667 632263 558110 597210 43508681 41930834 46859047 44958561 568727 -2146574 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 66000 66000 0 PART II-B, LINE 1: THE UNIVERSITY USES A LOBBYIST IN AUSTIN TEXAS. THEY SPEAK TO THE MEMBERS OF THE TEXAS LEGISLATURE IN ORDER TO GAIN SUPPORT FOR LEGISLATION DIRECTLY RELATED TO PARKER UNIVERSITY OR RELATED TO ISSUES IN FURTHERANCE OF CHIROPRACTIC IN GENERAL. 873060 39100 -28075 7000 877085 722509 47195 109856 6500 873060 648724 14204 67081 7500 722509 570681 51441 32602 6000 648724 532375 39583 3723 5000 570681 0.00000 0.68000 0.32000 0 0 1294500 1294500 22918411 18296229 4622182 12119885 9391871 2728014 570199 487427 82772 8727468 US GOVERNMENT LOANS REFUNDABLE 183246 183246 X 32773333 -2146574 1756199 -390375 33163708 218689 1511752 1730441 34894149 34351180 1756199 1756199 32594981 218689 1511752 1730441 34325422 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT IS USED TO PROVIDE SCHOLARSHIPS TO CURRENT AND INCOMING STUDENTS. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. THE UNIVERSITY IS SUBJECT TO FEDERAL TAXES ON UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY AS A RESULT OF THE APPLICATION OF THIS STANDARD. THE UNIVERSITY FILES AS A TAX-EXEMPT ORGANIZATION. THE UNIVERSITY'S TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 93,155. COST OF GOODS SOLD 1,663,044. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,511,752. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 93,155. COST OF GOODS SOLD 1,663,044. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,511,752. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WE HAVE NOT PUBLICIZED OUR POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. IT IS INCLUDED IN WRITTEN COMMUNICATION WITH THE PUBLIC DEALING WITH STUDENT'S ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES TITLE IV FINANCIAL AID FUNDS AND STATE FINANCIAL AID FOR ITS STUDENTS. 1 STUDENT TUITION GRANTS 1182 1511752 N/A N/A PART I, LINE 2: THE COLLEGE HAS A SCHOLARSHIP COMMITTTEE THAT SELECTS ALL SCHOLARSHIP RECIPIENTS. THE COLLEGE AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS BASED ON NEED. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR BRIAN MCAULAY PRESIDENT 337743 0 108 0 38884 0 16062 0 21838 0 414635 0 0 0 GERY HOCHANADEL PROVOST 300815 0 108 0 8400 0 18231 0 14888 0 342442 0 0 0 DAVID GARAFOLA VP BUSINESS AFFAIRS 218786 0 108 0 0 0 13478 0 14941 0 247313 0 0 0 KENNETH THOMAS VP EXTERNAL PROGRAMS 184333 0 108 0 9523 0 11124 0 12613 0 217701 0 0 0 GENE GIGGLEMAN PROFESSOR 130767 0 108 0 8713 0 8023 0 15166 0 162777 0 0 0 PART I, LINE 1A DR. BRIAN MCAULAY - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - INCLUDED IN TAXABLE INCOME DR. BRIAN MCAULAY - TRAVEL FOR COMPANIONS (SPOUSE) - INCLUDED IN TAXABLE INCOME X CHIROPRACTIC TABLES 1 29985 INVOICE X CLINICS-ML830R SMART LASERS (3) 1 11985 INVOICE X ZEN PRO VIBRATION UNIT 1 5999 INVOICE X PHYSMODO KINECT SCANNER WITH LAPTOP 1 3400 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTORS ON PART I, COLUMN B. FORM 990, PART VI, SECTION A, LINE 1 THE UNIVERSITY'S EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, TREASURER, ASSISTANT TREASURER, AND SECRETARY. THE COMMITTEE HAS, AND MAY EXERCISE, ALL THE POWERS OF THE BOARD DURING THE INTERIM PERIOD BETWEEN MEETINGS OF THE BOARD EXCEPT THAT THE EXECUTIVE COMMITTEE DOES NOT HAVE THE POWER TO SUSPEND OR DISCONTINUE OPERATION OF THE UNIVERSITY; AMEND THE UNIVERSITY'S BYLAWS; OR ELECT TO OR REMOVE FROM MEMBERSHIP A TRUSTEE OR OFFICER OF THE BOARD. IN ADDITION, THE EXECUTIVE COMMITTEE MAY NOT ENTER OR APPROVE ANY CONTRACT OR INCUR ANY DEBT OR ANY OTHER ENCUMBRANCE INVOLVING AN AMOUNT IN EXCESS OF $25,000, OR AUTHORIZE ANY OFFICER OF THE UNIVERSITY TO TAKE ANY SUCH ACTION WITHOUT THE WRITTEN UNANIMOUS CONSENT OF ALL THE TRUSTEES OR APPROVAL BY VOTE AT A REGULAR OR SPECIAL MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE ALUMNI ASSOCIATION HOLDS A POSITION ON THE BOARD OF TRUSTEES AND ENJOYS ALL RIGHTS OF THE FLOOR AND VOTING PRIVILEGES, AND IS HELD ACCOUNTABLE FOR ALL DUTIES OF A TRUSTEE, EXCEPT AS PROSCRIBED IN THE UNIVERSITY'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE UNIVERSITY'S FORM 990 WILL BE SENT TO THE BOARD AT LEAST 30 DAYS BEFORE FILING. EACH MEMBER WILL BE INSTRUCTED TO REVIEW AND FORWARD ANY QUESTIONS OR CONCERNS TO UNIVERSITY'S MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY BYLAWS PROHIBIT THE TRUSTEES FROM PARTICIPATING IN DECISIONS WHEN THEY HAVE A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK APPLIES TO ALL EMPLOYEES AND PROHIBITS CONTRACTS BETWEEN THE COLLEGE AND ANY FIRM OR INDIVIDUAL IN WHICH AN EMPLOYEE HAS A MATERIAL FINANCIAL INTEREST. TO MONITOR THE PRESENCE OF ANY CONFLICTS, THE TRUSTEES, THE PRESIDENT, ITS CABINET, AND EMPLOYEES IN PURCHASING AND FINANCIAL AID MUST ANNUALLY COMPLETE A FORM TO DISCLOSE ANY CONFLICT OF INTEREST. ALL EMPLOYEES ARE REQUIRED TO 1) DISCLOSE CONFLICTS OF INTEREST AND 2) REFRAIN FROM PARTICIPATING IN DECISIONS RESULTING IN FINANCIAL GAIN DIRECT OR INDIRECT. THE DISCLOSURE FORMS OF TRUSTEES ARE REVIEWED BY THE BOARD CHAIR. THE DISCLOSURE FORMS OF EMPLOYEES ARE REVIEWED BY HUMAN RESOURCES. IF ADDITIONAL ACTION IS NECESSARY TO EVALUATE THE CONFLICT OR TO PREVENT THAT TRUSTEE OR EMPLOYEE FROM PARTICIPATING IN DECISIONS INVOLVING THAT CONFLICT OF INTEREST, HUMAN RESOURCES MAY SEEK ASSISTANCE FROM THE VICE PRESIDENT OF BUSINESS OR IF NECESSARY, MAY SEEK ASSISTANCE FROM THE PRESIDENT OR THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE BOARD OF TRUSTEES. THE PRESIDENTIAL REVIEW COMMITTEE WORKS WITH AN INDEPENDENT CONSULTANT AND MAKES RECOMMENDATION TO ENTIRE BOARD. THIS PROCESS WAS LAST COMPLETED FOR THE UNIVERSITY'S PRESIDENT IN 2012. COMPENSATION FOR EXECUTIVE MEMBERS OF THE ORGANIZATIONS HAS HISTORICALLY BEEN CONDUCTED AT THE SAME TIME THE PRESIDENT'S COMPENSATION IS REVIEWED. THIS PROCESS WAS LAST COMPLETED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. YKT LLC 8240 WALNUT HILL LANE DALLAS TX 75229 474884482 REAL ESTATE INTERESTS TX 0 0 PARKER UNIVERSITY