2015-01-22T14:37:34-06:00 2014-05-31 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2013-06-01 620476666 CHRISTIAN BROTHERS UNIVERSITY CHRI 9013213380 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 DAN WORTHAM VP-ADMINISTRATION & FINANCE 9013213380 2015-01-12 1 JOHN A MAY JR P00210965 9017613000 2015-01-12 2013 2016-03-07 17:11:31Z CAROLYN HEAD 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 46762935 0 X WWW.CBU.EDU X 1871 TN OPERATION OF PRIVATE CATHOLIC UNIVERSITY WHOSE PRINCIPAL ACTIVITY IS TO PROVIDE ADVANCED STUDY TO STUDENTS IN AN INTER-FAITH EDUCATIONAL COMMUNITY. 31 30 820 30 -42502 -42502 5088225 5040865 35028850 36023054 397809 424226 5307818 5195691 45822702 46683836 15145094 15258605 0 0 15819459 16316501 47734 438837 2111523 13872261 14938038 44884548 46951981 938154 -268145 80548304 84019741 20759581 21351277 59788723 62668464 X CHRISTIAN BROTHERS UNIVERSITY IS A PRIVATE, CATHOLIC COMPREHENSIVE UNIVERSITY COMMITTED TO PREPARING STUDENTS OF ALL FAITHS AND BACKGROUNDS TO EXCEL IN THEIR PROFESSIONAL AND PUBLIC LIVES BY PROVIDING CHALLENGING EDUCATIONAL OPPORTUNITIES IN THE ARTS, BUSINESS, ENGINEERING, THE SCIENCES, AND TEACHER EDUCATION. 0 0 38142888 15258605 37316435 PRIVATE CATHOLIC UNIVERSITY OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN THE TRADITION OF THE CHRISTIAN BROTHERS. THE PRINCIPLE ACTIVITY OF CBU IS TO PROVIDE ADVANCED STUDY TO STUDENTS IN AN INTER-FAITH EDUCATIONAL COMMUNITY. 38142888 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 82 0 1 820 1 0 0 0 0 1 1 1 1 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X TOM COCHRANCAROLYN HEAD 9013213381 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 MR ROBERT G MCENIRY VICE CHAIRMAN 2.00 X 0 0 0 MR JOSEPH F BIRCH JR VICE CHAIRMAN 2.00 X 0 0 0 MR RICHARD T GADOMSKI VICE CHAIRMAN 2.00 X 0 0 0 MS JOYCE A MOLLERUP SECRETARY 2.00 X 0 0 0 MR LOUIS ADAMS TRUSTEE 2.00 X 0 0 0 DR JAMES ADAMS II TRUSTEE 2.00 X 0 0 0 MR H WAYNE BRAFFORD TRUSTEE 2.00 X 0 0 0 MR JAMES ISAACS TRUSTEE 2.00 X 0 0 0 MS BENA CATES TRUSTEE 2.00 X 0 0 0 BR KONRAD DIEBOLD FSC TRUSTEE 2.00 X 0 0 0 REV KEITH NORMAN TRUSTEE 2.00 X 0 0 0 MR STEPHEN T DUNAVANT TREASURER 2.00 X 0 0 0 BR CHRIS ENGLERT FSC TRUSTEE 2.00 X 0 0 0 MR H LANCE FORSDICK TRUSTEE 2.00 X 0 0 0 MR JOHN MITCHELL GRAVES CHAIRMAN 2.00 X 0 0 0 MR WILLIAM W GRAVES TRUSTEE 2.00 X 0 0 0 MRS EMILY SAWYER GREER TRUSTEE 2.00 X 0 0 0 MSGR VAL HANDWEREKER TRUSTEE 2.00 X 0 0 0 MR MATTHEW A JOHNSON TRUSTEE 2.00 X 0 0 0 BR BERNARD LOCOCO FSC TRUSTEE 2.00 X 0 0 0 MR DOUGLAS J MARCHANT TRUSTEE 2.00 X 0 0 0 MS LORI M PATTON TRUSTEE 2.00 X 0 0 0 BR MICHAEL F QUIRK FSC TRUSTEE 2.00 X 0 0 0 MR JAMES L REBER TRUSTEE 2.00 X 0 0 0 BR LARRY SCHATZ FSC TRUSTEE 2.00 X 0 0 0 MR JOSHUA SHIPLEY TRUSTEE 2.00 X 0 0 0 MR STEPHEN WAECHTER TRUSTEE 2.00 X 0 0 0 DR MARGARET H WEST TRUSTEE 2.00 X 0 0 0 MRS LAUREL C WILLIAMS JD TRUSTEE 2.00 X 0 0 0 MR H MCCALL WILSON TRUSTEE 2.00 X 0 0 0 DR BARBARA PRESCOTT TRUSTEE 2.00 X 0 0 0 DR JOHN SMARRELLI JR PRESIDENT OF THE UNIVERSITY 40.00 X 264456 0 33074 MR DAN WORTHAM VP/ADMIN & FINANCE 40.00 X 132414 0 9291 DR FRANK BUSCHER VP/ACADEMICS 40.00 X 114220 0 14785 DR JEFF SCHULTZ PROFESSOR 40.00 X 132056 0 4817 MR STEPHEN R CRISMAN VP OF ADVANCEMENT 40.00 X 137200 0 24761 MRS ELISA MARUS DIRECTOR OF MARETING AND COMMUNICATIONS 40.00 X 115306 0 4456 DR EVELYN MCDONALD VP OF MISSION AND IDENTITY 40.00 X 138075 0 3280 1033727 0 94464 13 0 1 0 TICUA BENEFIT CONSORTIUM P O BOX 9501 AMHERST NY 142269501 EMPLOYEE MEDICAL BENEFITS 1863285 ARAMARK CORPORATION-CAMPUS DINING 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 CAFETERIA SERVICES 1614054 ARAMARK FACILITIES 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 GROUNDS/LANDSCAPING SERVICES 806296 PURSUANT P O BOX 203421 DALLAS TX 753203421 CONSULTING SERVICES/FUNDRAISING 438837 TWG SOLUTIONS LLC 4330 GAINS RANCH LOOP AUSTIN TX 78735 PRINTING/MAILING SERVICE 297317 17 245561 4795304 111475 5040865 TUITION AND FEES 611310 36023054 36023054 36023054 424226 424226 3740945 0 3740945 3740945 3740945 150948 79099 71849 71849 OTHER INCOME 611310 1335883 1335883 DORM SUPPORT SERVICES 611310 81516 81516 ATHLETIC DEPARTMENT REVENUE 611310 8000 8000 -42502 -42502 1382897 46683836 37358937 -42502 4326536 15258605 15258605 462769 90906 223098 148765 13563340 12878562 684778 815140 810695 4445 467492 463706 3786 1007760 1002528 5232 66666 57354 9312 85109 85109 438837 438837 26647 26647 4625789 784053 3617912 223824 571582 341493 230089 1013132 949808 63324 32543 19995 12548 1512749 140347 1372402 359921 317024 42897 116320 116320 759869 759869 2038312 2038312 1767351 382011 1372402 12938 INSTITUTIONAL/STUDENT E 963985 939106 24879 OTHER EXPENSES 870765 677678 193087 MINOR EQUIPMENT 67275 54493 12782 BAD DEBT EXPENSE 60023 60023 46951981 38142888 6697570 2111523 500233 1277504 5521079 4251631 3230718 4931822 104679 252204 2006928 1708511 75109 121097 80095297 40528055 40929789 39567242 25715711 28364278 1102514 1102514 1361544 2442938 80548304 84019741 1726788 1732340 15149754 14630483 1277759 3883039 3710695 20759581 21351277 X 36781091 37491568 4588369 6280963 18419263 18895933 59788723 62668464 80548304 84019741 -268145 3147886 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84755 1402004 X X 0 29399672 215270 3307402 1217930 31704414 26877561 140392 3582596 1200877 29399672 26708042 1879070 -485767 1223784 26877561 24795985 100284 3088152 1276379 26708042 23189458 311650 2620870 1325993 24795985 0.37700 0.59600 0.02700 0 0 1105818 1105818 50663318 16559229 34104089 4556877 1727786 2829091 21967124 20834086 1133038 1802160 1406954 395206 39567242 STUDENT DEPOSITS 295912 UNEARNED TUITION AND FEES 807400 AMOUNTS HELD IN CUSTODY FOR OTHERS 563817 REFUNDABLE GOVERNMENT LOAN FUNDS 726995 DERIVATIVE INSTRUMENTS 1316571 3710695 34652216 3147886 79099 3226985 31425231 15258605 15258605 46683836 31772475 79099 79099 31693376 15258605 15258605 46951981 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 96 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 79,099. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION NETTED WITH TUITION AND FEES REVENUE ON AFS 15,258,605. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 79,099. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION NETTED WITH TUITION AND FEES REVENUE ON AFS 15,258,605. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EQUAL OPPORTUNITY STATEMENT AND NONDISCRIMINATION POLICY IS INCLUDED IN ALL OFFICIAL LITERATURE AND PROMOTIONAL MATERIAL INCLUDING THE STUDENT COURSE CATALOG, THE EMPLOYEE HANDBOOK, AND EMPLOYEE ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE UNIVERSITY HAS BEEN ASSISTED BY LOANS IN THE CONSTRUCTION OF TWO STUDENT DORMITORIES, A STUDENT CENTER, A LIBRARY AND A SCIENCE BUILDING. FINANCIAL ASSISTANCE RECEIVED FROM FEDERAL AGENCIES: PELL GRANT PROGRAM $2,156,013; SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT $103,292; FEDERAL WORK-STUDY $213,333; PERKINS LOAN PROGRAM $105,950; FEDERAL DIRECT LOAN PROGRAM $12,406,285;MINORITY INTERNATIONAL RESEARCH TRAINING GRANT $175,000. TOTAL EXPENDITURES OF FEDERAL AWARDS: $15,159,873. X X X X X X X 1 PURSUANT PO BOX 203421 DALLAS TX 753203421 0 0 438837 0 438837 TN TWILIGHT CROSS COUNTRY CLASSIC 26532 26532 3690 8018 BELL TOWER GALA 106391 106391 6460 28194 23473 1 18025 18025 6252 3012 150948 150948 16402 28194 34503 79099 71849 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS FOR CONSULTING SERVICES PRIOR TO BEGINNING OF CAPITAL CAMPAIGN. 1 INSTITUTIONAL SCHOLARSHIPS AND GRANTS 998 14411749 TUITION REMISSIONS 50 625682 TUITION DISCOUNTS 160 221174 PART I, LINE 2: ALL INSTITUTIONAL MONEY, GRANTS, ETC. FOLLOW THE FINANCIAL AID MATRIX THAT WAS DESIGNED AND APPROVED BY THE PRESIDENT'S CABINET, OR IF MONEY WAS DONATED FOR SPECIFIC PURPOSES, BY THE WISHES OF THE INDIVIDUAL DONOR. X 1 0 X 0 0 0 0 0 0 0 0 0 DR JOHN SMARRELLI JR PRESIDENT OF THE UNIVERSITY 243456 0 21000 0 0 0 17190 0 15884 0 297530 0 0 0 MR STEPHEN R CRISMAN VP OF ADVANCEMENT 137200 0 0 0 0 0 8918 0 15843 0 161961 0 0 0 A SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-08-06 7836558 CONSTRUCTION 0 0 0 B SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-08-29 4766624 DEBT RETIREMENT 0 0 0 C SHELBY COUNTY HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD 521283414 2010-12-29 3396818 DORMITORY ACQUISITION 0 0 0 A 670769 7836558 55118 7781440 0 0 1 1 B 407998 4766624 4766624 2011 1 0 1 1 C 290750 3396818 3396818 2011 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 B 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 C 0 0 0 0 1 1 REGIONS BANK 16.000000000000 0 0 0 0 0 A 0 B 0 C 0 MRS FORSDICK WIFE OF BOARD MEMBER, LANCE FORSDICK LANCE FORSDICK'S WIFE IS A FORMER TENURED PROFESSOR WHO NOW WORKS PART TIME IN THE INTERNATIONAL INITIATIVES DEPARTMENT AND MADE $14,754 IN 2013. 0 MR MCENIRY BOARD MEMBER AND BUSINESS PERSON MR. MCENIRY'S COMPANY PROVIDED GOODS OR SERVICES TO THE SCHOOL FOR WHICH CBU PAID APPROXIMATELY $3,846. 0 X 6 84755 COST X 4 3892 COST X MISCELLANEOUS 8 22828 COST 0 0 0 PART I, LINE 32B: SCHEDULE M, LINE 18 B: THERE WERE 4 CONTRIBUTIONS WHICH CONSISTED OF 217 COLLECTABLE BOOKS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT AND FINANCE COMMITTEES REVIEW THE 990, AND AN ELECTRONIC COPY IS SENT TO THE FULL BOARD WHO WILL VOTE ON ACCEPTANCE AND SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO BECOMING BOARD MEMBERS, THEY ARE MADE AWARE OF THE POLICY. EACH YEAR, THEY ARE ASKED TO FILL OUT A QUESTIONNAIRE DISCLOSING ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD OF TRUSTEES ALONG WITH ANNUAL CUPA SURVEYS FORM 990, PART VI, SECTION C, LINE 19 THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED.