2015-03-19T17:40:49-05:00 2014-05-31 621736974 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2013-06-01 620599339 CUMBERLAND UNIVERSITY CUMB 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 37087 JUDY JORDAN VICE PRESIDENT/FINANCE 6155471249 2015-03-16 1 PAUL B VANTREASE JR CPA P01216364 6158936666 2015-03-16 X 2013 2016-02-25 16:41:14Z JUDY JORDAN ONE CUMBERLAND SQ LEBANON TN 37087 41969983 0 X WWW.CUMBERLAND.EDU X 1842 TN PROVIDING PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 26 26 552 0 0 0 3839602 3630544 31250241 30733621 118418 841599 5732 -114947 35213993 35090817 15151591 14270516 0 0 11398859 9834305 0 0 586889 11185853 10663137 37736303 34767958 -2522310 322859 39514962 39635844 13178688 12443853 26336274 27191991 X TO PROVIDE PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 0 0 8472883 26387998 INSTRUCTION - PRIVATE UNIVERSITY PROVIDING EDUCATION FOR APPROXIMATELY 1,056 FULL-TIME AND 213 PART-TIME UNDERGRADUATE AND 232 GRADUATE STUDENTS THROUGH ITS FIVE UNDERGRADUATE DIVISIONS AND GRADUATE PROGRAMS. 4757541 4744742 STUDENT SERVICES - PROVIDE SERVICES TO THE APPROXIMATELY 1,501 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS. 1575423 OTHER SERVICES - SERVICES OPERATED FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY, AND STAFF. 14270516 14270516 GRANTS & ALLOCATIONS - PROVIDES ASSISTANCE THROUGH FUNDED AND UNFUNDED SCHOLARSHIPS AND AWARDS TO THE APPROX 1,502 STUDENTS AND THROUGH GOVT FUNDED STUDENT FINANCIAL AID PROGRAMS TO APPROX 824STUDENTS QUALIFYING FOR GOVT ASSISTANCE. 14270516 14270516 29076363 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 60 0 552 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X MS JUDY JORDAN 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 370873554 ROBERT CARVER BONE MD CHAIRMAN EMERITUS 1.00 X 0 0 0 W P BONE III SECRETARY-TREASURER 2.00 X X 0 0 0 MARTHA BRADSHAW TRUSTEE 1.00 X 0 0 0 J RANDALL CLEMONS TRUSTEE 1.00 X 0 0 0 SANDRA MOSS DUNCAN TRUSTEE 1.00 X 0 0 0 J SAMUEL HATCHER TRUSTEE 2.00 X 0 0 0 WILLIAM D HEYDEL DLL HONORIS CAUSA TRUSTEE 1.00 X 0 0 0 JIM K LANCASTER DLL HONORIS CAUSA TRUSTEE 1.00 X 0 0 0 BOB MCDONALD CHAIRMAN 4.00 X 0 0 0 MARK RIGGINS TRUSTEE 1.00 X 0 0 0 ANNE B ROBERTS TRUSTEE 1.00 X 0 0 0 DR EDWARD L THACKSTON PHD TRUSTEE 2.00 X 0 0 0 JOSEPH ADAMS TRUSTEE 2.00 X 0 0 0 JACQUELINE COWDEN TRUSTEE 1.00 X 0 0 0 TRENT MCCRACKEN TRUSTEE 1.00 X 0 0 0 FORREST SHOAF TRUSTEE 1.00 X 0 0 0 BILL VALLETT TRUSTEE 1.00 X 0 0 0 BOB N VERO EDD VICE CHAIRMAN 2.00 X 0 0 0 DAVID PAUL TRUSTEE 1.00 X 0 0 0 JOHN VAN MOL TRUSTEE 1.00 X 0 0 0 EDWARD CALLIS TRUSTEE 1.00 X 0 0 0 GREG DUGDALE TRUSTEE 1.00 X 0 0 0 SAAD EHTISHAM TRUSTEE 1.00 X 0 0 0 CATHY GRACEY TRUSTEE 1.00 X 0 0 0 CHARLES GROAT PHD TRUSTEE 1.00 X 0 0 0 CAMELLIA PETTY TRUSTEE 1.00 X 0 0 0 JOHN D WOOTTEN JR THE HONORABLE TRUSTEE 1.00 X 0 0 0 DR HARVILL EATON PHD UNIVERSITY PRESIDENT 40.00 X 229573 0 0 EDDIE PAWLAWSKI EXCECUTIVE VP 40.00 X 116633 0 0 JUDY JORDAN VP FINANCE 40.00 X 102500 0 0 RUSTY RICHARDSON VP ADVANCEMENT 40.00 X 122101 0 0 STACEY GARRETT VP VIRTUAL CAMPUS 40.00 X 147500 0 0 WILBUR PETERSON VP ACADEMICS 40.00 X 97240 0 0 JOE GRAY VP ADMINISTRATION 40.00 X 43280 0 0 WILLIAM MCKEE VP ACADEMIC AFFAIRS 40.00 X 103672 0 0 962499 0 0 6 0 1 0 CAPITAL EDUCATION LLC 200 SOUTH WACKER STE 1600 CHICAGO IL 60606 ONLINE IT PLATFORM PROVIDER 1344260 CHARTWELLS DINING SERVICE PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICE PROVIDER 1333784 CAVALRYCITADEL SECURITY 315 DEADERICK ST STE 125 NASHVILLE TN 37238 SECURITY SERVICES 281983 DYE VAN MOL & LAWRENCE INC 700 12TH AVE S STE 400 NASHVILLE TN 37203 ADVERTISING 209851 BONE MCALLESTER NORTON PLLC 511 UNION ST STE 1600 NASHVILLE TN 37219 LEGAL SERVICES 104672 6 2282940 113242 1234362 3630544 TUITION & FEES 611310 26387998 26387998 STUDENT ROOM AND BOARD 611310 3039903 3039903 SUMMER CAMP, PROFESSIONAL WORKSHO 611310 902784 902784 AUXILIARY ENTERPRISES 611310 402936 402936 30733621 442480 442480 6594271 6195152 399119 399119 399119 28461 113242 115831 -87370 -87370 540606 568183 -27577 -27577 35090817 31132740 0 327533 14270516 14270516 809586 319183 273584 216819 7822968 6715308 933922 173738 105234 85753 14720 4761 362750 295597 50741 16412 733767 597932 102638 33197 141672 1468 140204 2951792 1564860 1377401 9531 193816 5190 188326 300 2234731 1318826 804518 111387 1272740 112228 1160512 2032493 2007371 16249 8873 4589 932 3657 263364 263364 1126543 1126543 173879 173879 MEMBERSHIPS/SUBSCRIPTIO 144974 95372 41388 8214 MISCELLANEOUS 60401 59898 503 RECRUITING 38089 38089 PUBLICATIONS 24054 24054 34767958 29076363 5104706 586889 4213822 4003435 531535 350356 1508387 1704293 219219 216793 286104 282739 231328 282748 37849504 16637865 22121999 21211639 7051038 10311836 3196935 1175865 154595 96140 39514962 39635844 1683972 1552083 2092763 2212566 9017729 8330868 384224 348336 13178688 12443853 X 15397006 15490544 5357066 5965004 5582202 5736443 26336274 27191991 39514962 39635844 X 322859 530556 2302 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 10287673 1372461 132734 11527400 9352255 935418 10287673 9781670 -429415 9352255 8571502 24740 1185428 9781670 7645949 37383 990062 101892 8571502 0.40600 0.59400 0.00000 0 0 1046198 1046198 27789180 9802671 17986509 7141598 5890037 1251561 1872528 945157 927371 21211639 FEDERAL STUDENT LOAN FUNDS 276394 LIABILITIES UNDER ANNUITY AGREEMENTS 71942 348336 X 24505290 530556 871514 1402070 23103220 11987597 11987597 35090817 23649573 869212 869212 22780361 11987597 11987597 34767958 PART III, LINE 4: THE UNIVERSITY HOUSES A COLLECTION OF MOUNTED ANIMAL SPECIES FROM VARIOUS COUNTRIES IN ITS ADMINISTRATION BUILDING. THE COLLECTION IS VISITED FREQUENTLY BY CLASSES FROM DAY CARES, ELEMENTARY SCHOOLS, AND THE GENERAL PUBLIC. THE UNIVERSITY HOUSES A COLLECTION OF HISTORICAL RECORDS INCLUDING ORIGINAL MINUTES FROM ITS ORIGINATION IN THE LIBRARY ARCHIVES. THESE RECORDS ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT FOR PERSONAL RESEARCH AND ARE PRESERVED FOR FUTURE GENERATIONS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. AT MAY 31, 2014, THE UNIVERSITY'S TAX RETURNS RELATED TO FISCAL YEARS ENDED MAY 31, 2011 THROUGH MAY 31, 2014 REMAIN OPEN TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 568,183. VALUE OF DONATED FACILITY USE 187,500. FUNDRAISING EXPENSES 115,831. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 11,987,597. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 568,183. VALUE OF DONATED FACILITY USE 187,500. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,302. FUNDRAISING EXPENSES 115,831. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS 11,987,597. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN COMMERCIALS AND MEDIA COVERAGE OF THE UNIVERSITY, THE NONDISCRIMINATORY POLICY IS MENTIONED. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES MONIES FROM U.S. DEPT OF EDUCATION AND TENNESSEE STUDENT ASSISTANCE CORPORATION IN THE FORM OF VARIOUS GRANTS. FEDERAL GRANTS INCLUDE PELL, SEOG, FEDERAL WORK STUDY. UNIVERSITY ALSO MAINTAINS ELIGIBILITY TO PARTICIPATE IN FEDERAL STAFFORD LOAN AND FEDERAL PERKINS LOAN PROGRAMS. STATE GRANTS RECEIVED IN FORM OF TSAC AND VOCATIONAL REHAB GRANTS. PHOENIX BALL 115726 113242 2484 100561 SEAN PUTMAN GOLF TOURNAMENT 25977 25977 15270 141703 113242 28461 115831 115831 -87370 1 STUDENT SCHOLARSHIPS 991 14270516 PART I, LINE 2: STUDENTS ARE VERIFIED FOR ELIGIBILITY AND FUNDS ARE POSTED TO EACH STUDENT'S ACCOUNT. ACCOUNT IS REFUNED IF NOT USED IN SPECIFIED TIME OR IF STUDENT WITHDRAWS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR HARVILL EATON PHD UNIVERSITY PRESIDENT 216285 0 0 0 13288 0 0 0 0 0 229573 0 0 0 PART I, LINE 1A PRESIDENT HARVILLE EATON IS PROVIDED A RESIDENCE AS PROVIDED FOR BY HIS EMPLOYMENT CONTRACT. IT HAS A VALUE OF $1,100/MONTH. WP BONE OWNER - WILSON COUNTY MOTORS 8479 VEHICLE EXPENSE 0 JOHN VAN MOL OWNER - DYE, VAN MOL AND LAWRENCE 209851 ADVERTISING AGENCY 0 STACEY GARRETT PARTNER - BONE MCALLESTER NORTON PLLC 96071 LEGAL COUNSEL 0 X USE OF SPACE/ 1 187500 FAIR MARKET VALUE OF 0 1 1 PART I, LINE 32B: WACHOVIA IS HIRED TO SELL GIFTS OF SECURITIES FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: TWO DIRECTORS OF CUMBERLAND UNIVERSITY ARE ALSO DIRECTORS OF CEDARSTONE BANK, ONE OF WHOM IS THE PRESIDENT OF THE BANK. THE MEMBERS ARE BOB MCDONALD AND JACKIE COWDEN. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUST (ALL UNPAID) APPOINTS A COMMITTEE (EXCLUSIVE OF BOARD OFFICERS) TO EVALUATE THE PRESIDENT'S PERFORMANCE COMPARED TO ESTABLISHED GOALS. THE COMMITTEE USES AAUP SURVEYS FOR COMPARABLE SCHOOLS AND RECOMMENDS TO THE BOARD ANY CHANGES IN SALARY SUBJECT TO THE COMPLETE BOARD OF TRUST VOTE. MINUTES ARE KEPT OF COMMITTEE AND BOARD MEETINGS TO SUBSTANTIATE THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,302. FORM 990, PART XI, LINE 2C THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED FORM 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING.