2015-05-12T14:24:52-05:00 2014-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2013-07-01 620497990 Trevecca Nazarene University TREV 6152481200 333 Murfreesboro Rd Nashville TN 37210 David B Caldwell Exec VP for Fin & Admin 6152481200 2015-05-12 1 David C Moja P00747006 6785185301 2013 2016-03-07 17:11:31Z Dr Dan Boone 333 Murfreesboro Rd Nashville TN 37210 65622185 0 X www.trevecca.edu X 1935 TN Trevecca Nazarene University is a private, co-educational, Christian liberal arts university. 51 50 1014 50 0 0 3537526 4622316 44665856 45212974 1362293 1472529 -5337 9899 49560338 51317718 9875300 10514503 0 0 21816425 21736129 32000 32000 717485 17219799 17208949 48943524 49491581 616814 1826137 93760389 97033086 30467648 28787599 63292741 68245487 X Trevecca Nazarene University is a private, coeducational, Christian liberal arts university. The university exists to carry out the educational mission of the church by means of academic programs that promote scholarship, critical reflection, thoughtful worship, and the preparation of students for lives of meaningful service in various careers. 0 0 25185114 10514503 38071796 Instruction and Student Aid: Trevecca offers over 50 undergraduate majors, a variety of non-traditional programs, and doctoral programs in Counseling and Education. For the 2013-2014 year enrollment remained steady with an approximate overall total of 2,500 students across all programs. There were 685 degrees conferred during the period of December 2013 and August 2014, and the total number of full-time professors was 91.Trevecca awards institutional, state, and federal financial aid assisting students in developing a plan for meeting their educational expenses. The Office of Financial Aid provides guidance and resources to help students and their families bridge the gap between a student's potential resources and the University's costs. The percentage of traditional undergraduate students receiving financial aid from any source was 94%. 7071719 6540659 Student Services: Trevecca is committed to providing excellent services to students. In fact, employees take great pleasure in providing that extra service that helps students accomplish their goals.CLCS (Center for Leadership, Calling, and Services) provides students with programs to accompany their college career at all stages. From Freshmen LEAP groups to career development counseling and internship programs, career services in the CLCS has everything students need to succeed. Career Services also offers job-search related strategy workshops, career exploration events, resume and interviewing education, mock interviews, business and etiquette dinners, assistance with graduate school admissions, career fairs, job postings and job referrals.Other student services areas:Counseling CenterITS (Information Technology Services)Registrar Student Development SecurityTNU BookstoreLibrary 2900440 600519 Academic Support:Trevecca provides support to the academic functions across campus through the functions of the Office of the Provost, Office of the Academic Dean, Office of Institutional Research, the Center for Leadership, Calling and Service, the Center for Teaching and Learning, the Library, and the Center for Online Learning. 35157273 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 2937 0 1 1014 1 0 0 0 0 0 1 1 0 0 0 0 X 51 50 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X David Caldwell- Exec VP of Finance 6152481200 333 Murfreesboro Road Nashville TN 37210 Dan Boone President 40.00 X X 66715 0 112433 Charles Davis Jr Board Chairman 1.00 X X 0 0 0 Dwight Gunter Board Vice Chair 1.00 X X 0 0 0 Dennis Moore Board Secretary 1.00 X X 0 0 0 Virginia Bauer Trustee 1.00 X 0 0 0 Mark Berry Trustee 1.00 X 0 0 0 Mike Blankenship Trustee 1.00 X 0 0 0 Robbie Bradshaw Trustee 1.00 X 0 0 0 Lee Brumfield Trustee 1.00 X 0 0 0 Joey Brummett Trustee 1.00 X 0 0 0 Chet Blush Trustee 1.00 X 0 0 0 Julette Carter Trustee 1.00 X 0 0 0 Steve Clayton Trustee 1.00 X 0 0 0 Tom Cook Trustee 1.00 X 0 0 0 Harry Curry Trustee 1.00 X 0 0 0 Larry Dennis Trustee 1.00 X 0 0 0 Ron DeWitt Trustee 1.00 X 0 0 0 John Reese Dunn Dr Trustee 1.00 X 0 0 0 Edward Estep Trustee 1.00 X 0 0 0 Fred Faith Trustee 1.00 X 0 0 0 Mary Foskey Trustee 1.00 X 0 0 0 Don Hastings Trustee 1.00 X 0 0 0 Marquita Hicks Trustee 1.00 X 0 0 0 E Kemp Higginbothom Trustee 1.00 X 0 0 0 Teresa Hodge Trustee 1.00 X 0 0 0 Crawford Howe Trustee 1.00 X 0 0 0 Orville Jenkins Jr Trustee 1.00 X 0 0 0 Larry Leonard Trustee 1.00 X 0 0 0 Greg Mason Trustee 1.00 X 0 0 0 Mike McAdory Trustee 1.00 X 0 0 0 Ronald McCormack Trustee 1.00 X 0 0 0 Bill McDaniel Trustee 1.00 X 0 0 0 Sam Michael Trustee 1.00 X 0 0 0 Randall Morton Trustee 1.00 X 0 0 0 David Nixon Trustee 1.00 X 0 0 0 Wendel Nixon Trustee 1.00 X 0 0 0 John Parrish Trustee 1.00 X 0 0 0 Mark Patrick Trustee 1.00 X 0 0 0 John Paul Trustee 1.00 X 0 0 0 Pascal Permis Trustee 1.00 X 0 0 0 Jim Pulliam Trustee 1.00 X 0 0 0 Jamie Robison Trustee 1.00 X 0 0 0 Roy Rogers Trustee 1.00 X 0 0 0 Doug Runyan Trustee 1.00 X 0 0 0 Andy Rutherford Trustee 1.00 X 0 0 0 Gerald Skinner Trustee 1.00 X 0 0 0 Don Smith Trustee 1.00 X 0 0 0 Greg Story Trustee 1.00 X 0 0 0 James Taylor II Trustee 1.00 X 0 0 0 Sherman Waters Trustee 1.00 X 0 0 0 Eugene Wells Trustee 1.00 X 0 0 0 David Caldwell Exec. VP of Fin. 40.00 X 134030 0 43823 Mark Hosny Director NPW 40.00 X 118220 0 21197 Carol Ann Maxson Dean of Academic Affairs 40.00 X 109998 0 11010 James Agee Associate Professor 40.00 X 109335 0 18989 Stephen Harris Dean of Student Devt 40.00 X 108929 0 8155 Susan Lahey Associate Professor 40.00 X 104512 0 5566 751739 0 221173 7 0 1 0 Pioneer College Caterers Inc 303 Glenrose Avenue Nashville TN 37210 Student food services 1855747 Case Cleaning Company PO Box 171053 Nashville TN 37217 Specialty cleaning/recovery 1228321 Tree of Life Bookstores Inc 4601 S Western Avenue Marion IN 46953 Bookstore services 855424 Belmont University 1900 Belmont Boulevard Nashville TN 37212 Student instruction 648072 Diversified Inc PO Box 281904 Nashville TN 37228 Facility maintenance 393670 15 20165 715905 3886246 405175 4622316 Tuition and fees 611710 38071796 38071796 Auxiliary enterprises 611710 6540659 6540659 Other program revenue 611710 600519 600519 45212974 858098 858098 34496 20282 14214 14214 14214 14866367 18074 13865727 404283 1000640 -386209 614431 614431 9860 20165 14175 -4315 -4315 51317718 45212974 0 1482428 10514503 10514503 356202 356202 80464 80464 18007543 13899855 3658876 448812 688584 536243 135437 16904 1395900 1210732 152538 32630 1207436 960258 216089 31089 50726 50726 62593 62593 32000 32000 194289 194289 203738 136344 56249 11145 650974 260400 390574 1124809 607220 469575 48014 788031 115313 666746 5972 4346691 1690727 2655964 534729 400887 125596 8246 87124 75351 11773 33195 16266 16929 2744486 1344798 1399688 Food service 1490724 1490724 Tuition remission 1105007 541453 563554 Instructional materials 570943 570943 Equipment purchases 204341 150056 54285 3016549 635200 2298676 82673 49491581 35157273 13616823 717485 1791985 1693818 6642810 4545495 1255651 885314 555018 377219 200880 221397 77768306 21731081 51568473 56037225 26869697 30060980 2211439 28824 2225454 2422831 438982 759983 93760389 97033086 2691018 1866753 957715 359340 20830000 19800000 620930 753491 1022158 523104 4345827 5484911 30467648 28787599 X 40054847 41265141 9349809 12392668 13888085 14587678 63292741 68245487 93760389 97033086 X 1826137 2984089 142520 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 22066833 1124681 4116450 1038008 26269956 20113659 1178983 1761805 987614 22066833 19252452 840974 958229 937996 20113659 16415443 664942 3354211 1182144 19252452 14833827 1137604 908604 464592 16415443 0.08640 0.55360 0.36000 0 0 4723340 4723340 3420370 59456231 18645941 44230660 5037079 2166197 2870882 5131286 918943 4212343 56037225 Deposits held in custody 408856 Refundable loan programs 1714934 Derivative contract 1804252 Annuity liability 773728 Life use obligation 404300 Capital lease obligation 378841 5484911 X 43830943 2984089 142520 3126609 40704334 133338 10480046 10613384 51317718 38878197 34457 34457 38843740 133338 10514503 10647841 49491581 Part IV, Line 2b: Deposits held in custody represent two endowments that TNU holds and administers for other organizations. TNU does not benefit from these endowments, and they are reported as an asset with a corresponding liability. Part V, Line 4: Trevecca Nazarene University's endowment exists mainly to provide scholarships for students. Secondarily, a small portion of the fund exists to provide funding to an endowed chair position in the religion department and another small portion supports the maintenance of the student center. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2014 and 2013, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files information tax returns in the U.S. and various states. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Nondiscrimination policies are included in all materials available to the public. Schedule E, Part I, Line 6 The university receives governmental support to aid students needing educational assistance. X X X X X 1 Kent Dove 2910 E Olcott Blvd Bloomington IN 47401 Consulting 0 0 32000 -32000 32000 -32000 TN Alumni Golf Classic 15595 8575 7020 1226 10125 Trojan Booster Golf Scramble 14430 11590 2840 2520 304 30025 20165 9860 1226 12645 304 14175 -4315 Schedule G, Part I, Line 2b, Column (v) The professional fundraiser works with the development office to address program and personnel needs for Trevecca. This includes providing guidance to further enhance major gifts and planned giving as well as providing assistance in the evaluation and monitoring of the annual giving program. 1 Student Scholarships & Financial Aid 830 10514503 Part I, Line 2: Scholarship recipients are selected based on established merit and need-based criteria. The Financial Aid Director and Academic Department Heads work together to select institutional scholarship recipients. Qualifications for scholarships vary. All scholarships are monitored by the Financial Aid Department. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dan Boone President 63362 0 0 0 3353 0 10688 0 109815 0 187218 0 0 0 David Caldwell Exec. VP of Fin. 133478 0 0 0 552 0 6916 0 44343 0 185289 0 0 0 Part I, Line 1a A Section 107 minister's housing allowance was provided to the President. This benefit was treated as nontaxable compensation. A Facilities Board of the Metropolitan Government of Nashville Tennessee 620613016 2009-07-30 12590000 Consolidate two outstanding bond issues; add'l funding for building remodel 0 0 0 B Facilities Board of the Metropolitan Government of Nashville Tennessee 620613016 2010-12-22 10000000 Renovation project 0 0 0 A 2190000 12590000 12590000 2010 1 0 1 1 B 600000 10000000 837093 36842 9126065 2012 1 0 1 1 A 0 0 1 0 0 0 0 0 B 0 0 1 0 0 0 0 0 A 0 0 1 0 1 1 Suntrust Bank 20.000000000000 0 0 0 0 0 B 0 0 1 0 1 1 Suntrust Bank 20.000000000000 0 0 0 0 0 A 0 B 0 Schedule K, Part III, line 3a TNU has determined that the service contract related to the bond-financed property does in any way lead to private business use of the facilities. 46388 Financial aid/scholarships 21830 Tuition discounts Brent Tallman Family of Officer & Board Member 73264 W2 Employee 0 X 1905 FMV X 11923 FMV X 5 29128 FMV X 1 324846 Appraisal X 3 1333 X Miscellaneous 3 36040 FMV 0 0 1 0 Part I, Column (b): The number of contributions represents the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1 The Executive Committee shall be composed of the President of the University, the Chair of the Board, the Vice-Chair of the Board, and the Secretary of the Board - all of whom shall serve ex officio - and nine additional members. The Executive Committee shall act for the Trustees in all matters not otherwise provided for in the interim between meetings, and shall care for all other duties as may be assigned to them by the entire Board of Trustees and shall through its secretary report all business transactions to the meetings of the Board of Trustees. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent CPA firm and reviewed by the V.P. of Finance and Administration. The reviewed Form 990 is then forwarded to the Audit Committee prior to filing. Form 990, Part VI, Section B, line 12c Board members and employees shall be required to file on an annual basis a Disclosure and Compliance Statement disclosing their personal interest, direct or indirect, in any University transaction during the previous year and affirming that (i) the Employee has read Trevecca Nazarene University's Conflict of Interest Policy, and (ii) the Employee will avoid participating in any University decision in which the Employee or any affiliate could be said to have any personal financial or other stake in the decision or where other outside influences could influence the Employee's independent judgment. Copies of all Disclosure and Compliance Statements are reviewed by the VP of Finance and kept as a matter of record in the Human Resources Department. If a conflict were to arise during the course of a board meeting, the individual with the potential conflict would abstain from voting. Form 990, Part VI, Section B, line 15 The President's compensation is reviewed by the Board's compensation committee in light of the annual compensation survey. The audit committee reviews the compensation of the other officers annually. They use compensation surveys to determine if pay is reasonable and in-line with similar organizations. This process is documented in the board/committee minutes upon approval. Form 990, Part VI, Section C, line 19 Trevecca Nazarene University makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Change in value of derivative contract 142,520. Part XII, Line 2c The University's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Charitable Remainder Unitrust (1) Charitable Remainder Unitrust TN Trevecca Nazarene University 0 Beneficial Interest in Trust (1) Beneficial Interest in Trust TN Trevecca Nazarene University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0