2015-01-07T08:52:41-07:00 2014-06-30 990 2013-07-01 610444825 TRANSYLVANIA UNIVERSITY TRAN 8592338100 300 North Broadway Lexington KY 40508 Marc Mathews VP for Finance 8592338100 2015-01-07 2013 2016-03-07 17:11:31Z Marc Mathews 300 N Broadway Lexington KY 40508 50785267 0 X www.transy.edu X 1780 KY Post-secondary education 32 32 1317 100 0 0 5625378 6891832 38915542 41255840 16225691 15827346 555239 788618 61321850 64763636 0 0 0 0 22286735 22508834 0 0 1268959 30045563 32848635 52332298 55357469 8989552 9406167 179936184 188398276 29618956 28674882 150317228 159723394 Post-secondary education 0 0 47795502 0 41255840 Provide undergraduate degree education, curriculum, training, resources and related expenses. 0 0 0 47795502 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 193 0 1 1317 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Transylvania University 8592338100 300 North Broadway Lexington KY 40508 X William M Arvin Sr Board Member 1 0 X 0 0 0 Glen S Bagby Board Member 1 0 X 0 0 0 Mindy G Barfield Board Member 1 0 X 0 0 0 Antony R Beck Board Member 1 0 X 0 0 0 Laura T Boison Board Member 1 0 X 0 0 0 Betsy Brooks Bulleit Board Member 1 0 X 0 0 0 Karen K Caldwell Board Member 1 0 X 0 0 0 Aristides S Candris Board Member 1 0 X 0 0 0 John S Carroll Board Member 1 0 X 0 0 0 Joe E Coons Board Member 1 0 X X 0 0 0 Norwood Cowgill Jr Board Member 1 0 X 0 0 0 Luther Deaton Jr Board Member 1 0 X 0 0 0 Rose Mary Stamler Dow Board Member 1 0 X X 0 0 0 Michael C Finley Board Member 1 0 X 0 0 0 James H Frazier III Board Member 1 0 X 0 0 0 Ann Rosenstein Giles Board Member 1 0 X 0 0 0 Laura R Harper Board Member 1 0 X 0 0 0 James G Kenan III Board Member 1 0 X X 0 0 0 John Knapp Board Member 1 0 X 0 0 0 Roszell Mack III Board member 1 0 X 0 0 0 Samuel J Mitchell Jr Board Member 1 0 X 0 0 0 William C Oehmig Board Member 1 0 X 0 0 0 Joe M Thomson Board Member 1 0 X 0 0 0 John E Tobe Board Member 1 0 X 0 0 0 George M VanMeter Jr Board Member 1 0 X 0 0 0 L Tracee Whitley Board Member 1 0 X 0 0 0 John N Williams Jr Board Member 1 0 X 0 0 0 Ann Orme Windley Board Member 1 0 X 0 0 0 Brian C Wood Board Member 1 0 X 0 0 0 Byron Young Board Member 1 0 X 0 0 0 Christopher H Young Board Member 1 0 X 0 0 0 William T Young Jr Chairman of the Board and Board Member 1 0 X X 0 0 0 R Owen Williams President 40 0 X 310745 0 0 Marc Mathews Vice President for Finance and Business 40 0 X 144494 0 0 John K Purdom VP for Advancement 40 0 X 139991 0 0 Barbara LoMonaco Vice President for Student Affairs 40 0 X 118432 0 0 Bradley Goan Vice President for Enrollment 40 0 X 103647 0 0 Jason Whitaker Vice President for Information Technology 40 0 X 98639 0 0 William F Pollard Professor 40 0 X 141082 0 0 Kathleen Jagger Professor 40 0 X 116149 0 0 Brian Lane Coach 40 0 X 110803 0 0 G Rod Erfani Professor 40 0 X 108415 0 0 David Shannon Professor 40 0 X 107189 0 0 1499586 0 0 16 0 1 0 Sodexo 16415 Northcross Drive Suite B Huntersville NC 28078 food service provider 2468706 Randy Walker Electric 601 Lagonda Avenue Lexington KY 40505 Electrical contractor 516256 Davis & Plomin Inc 949 Contract Lexington KY 40505 Architects 505131 Kiefer Specialty Flooring Inc 2910 Falling Waters Blvd Lindenhurst IL 60046 Flooring contractor 423320 Bluegrass Contracting Corporation 1075 Red Mile Road Lexington KY 40504 Building Contractor 389606 29 0 0 0 0 0 6891832 0 6891832 Tuition and fees 611310 33691111 33691111 0 0 Room, board, other auxiliaries 611710 7564729 7564729 0 0 0 0 0 0 41255840 1848977 1848977 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -13978369 0 13978369 0 13978369 13978369 0 0 0 788618 788618 0 0 788618 64763636 57871804 0 0 915946 320718 455237 139991 0 0 0 0 17019794 13954513 2455950 609331 1021990 832001 139045 50944 2336599 1829796 499886 6917 1214505 993651 170191 50663 33857 33857 1005799 775601 192173 38025 353769 221219 43144 89406 1250243 927631 255596 67016 440300 387870 43032 9398 711828 635044 36185 40599 589046 372885 203714 12447 793253 793253 3559942 3119795 440147 384463 36040 348423 0 Financial aid 16889467 16889467 0 0 Auxiliay expenses (dining, camps) 2276359 2276359 0 0 Utilities, maintance, custodial 2147329 2085463 61866 0 Special events/programs 824783 615550 74747 134486 1588197 1521899 46562 19736 55357469 47795502 6293008 1268959 657044 1562238 5050786 0 873406 961261 338939 206570 2102531 2147921 886711 903756 135024389 62525599 68714028 72498790 99124862 108328622 321567 277522 1866310 1511596 179936184 188398276 3153597 3325091 1647871 1936018 21590000 20145000 2346250 2373922 881238 894851 29618956 28674882 X 47850848 46672305 40227490 47873984 62238890 65177105 150317228 159723394 179936184 188398276 X 9406167 0 0 0 0 -1 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2781124 0 0 X X 0 93831658 3360440 15495610 0 7937392 0 104750316 82094133 3276446 15794508 0 7333429 0 93831658 82613640 4196219 2204751 0 6920477 0 82094133 76124089 1730888 11281803 0 6523140 0 82613640 68256064 2197274 10970751 0 5300000 0 76124089 0.38 0.62 0 0 0 15614191 0 15614191 77691089 0 0 77691089 20373763 0 0 20373763 12598725 0 0 12598725 8746621 0 62525599 -53778978 72498790 0 Annuity liability payable 894851 894851 X 76601363 0 0 0 0 0 76601363 0 -11837727 -11837727 64763636 56535161 0 0 0 0 0 56535161 0 -1177692 -1177692 55357469 Schedule D, Part III, Line 4 Works of art, rare books, drawings, portraits, historic documents and medical textbooks related to the University's 19th century College of Medicine are maintained by the University for educational and community historical purposes. Schedule D, Part V, Line 4 The University's endowment funds support current operations, scholarships and specific programs for excellence in teaching and faculty development. Schedule D, Part X, Line 2 Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the University and recognize a tax liability if the University has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the University, and has concluded that as of June 30, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. Schedule D, Part XI, Line 4b Bingham Fund for Excellence in Teaching at Transylvania University EIN 61-1129707 revenues and expenses are included in the audited financial statements, but not included in this form 990 because a separate form 990 is filed for this entity. Schedule D, Part XII, Line 4b Bingham Fund for Excellence in Teaching at Transylvania University EIN 61-1129707 revenues and expenses are included in the audited financial statements, but not in this form 990, because a separate form 990 is filed for this entity. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 All publications contain a statement regarding Transylvania University's nondiscrimination policy. Schedule E, Part I, Line 6 The University's students are eligible to receive Federal financial aid. X 1 1 X 0 0 0 0 0 0 0 0 0 R Owen Williams President 298745 0 0 0 12000 0 0 0 0 0 310745 0 Schedule J, Part I, Line 1a The University makes a residence available for the use of the President. A LFUCG IRB Series 2009A 610858140 000528908 2009-03-11 6481606 Project funding for building projects 0 0 0 B LFUCG IRB Series 2009B 610858140 000528920 2009-06-10 10498725 Refund 1998 and 2000 series bonds 0 0 0 C LFUCG IRB Series 2012 610858140 000528908 2012-06-27 10082095 Project funding for building projects 0 0 0 A 0 0 6481606 0 0 0 121500 0 0 6360106 0 0 2009 0 0 1 1 B 0 0 10498725 0 0 10327893 170832 0 0 0 0 0 2009 1 0 1 1 C 0 0 10082095 0 0 0 82095 0 0 10000000 0 0 2013 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 Form 990, Part VI, Section B, Line 11b A draft of form 990 is reviewed and approved by the Chair of the Finance Committee prior to filing. Form 990, Part VI, Section B, Line 12c The Transylvania University Annual Disclosure form is completed by each Trustee and is forwarded to the Vice President of Finance and Business for review. Form 990, Part VI, Section B, Line 15 The Chairman of the Board reviews and approves compensation of the President. The President reviews and approves the compensation of all direct reports. The director of Human Resources uses CUPA-HR survey data to determine appropriate market salaries. Form 990, Part VI, Section C, Line 19 Governing documents are available through the Commonwealth of Kentucky Secretary of State. The conflict of interest policy and financial statements are available upon request to the Vice President for Finance and Business. The purpose of the request will be considered on a case-by-case basis. Form 990, Part XI, Line 9 Rounding Bingham Fund for Excellence in Teaching at Transylvania University 300 N Broadway Lexington KY 40508 611129707 Promote excellence in teaching KY 501(c)(3) 509(a)(2) Transylvania University 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Bingham Fund for Excellence in Teaching at Transylvania University b 1177692 Actual expenses Bingham Fund for Excellence in Teaching at Transylvania University l 0