HIGH POINT UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HIGH POINT UNIVERSITY (EIN 56-0529999)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-04-14
- IRS object ID
- 201521049349300007
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-14T07:44:29-07:00 | ReturnTs |
| Tax Period End | 2014-05-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529999 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGH POINT UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HIGH | BusinessNameControlTxt |
| Phone | 3368419000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27268 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Deborah Butt | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3368414524 | PhoneNum |
| Signature | 2015-04-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | DENNY G BOLTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $209,426,935 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HIGHPOINT.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 46 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 43 | VotingMembersIndependentCnt |
| Total Employee | 2168 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $53,096 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $52,096 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $28,466,452 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,803,250 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $162,836,427 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $171,607,097 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,087,817 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,827,329 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,927,300 | PYOtherRevenueAmt |
| CY Other Revenue | $2,910,739 | CYOtherRevenueAmt |
| PY Total Revenue | $194,317,996 | PYTotalRevenueAmt |
| CY Total Revenue | $187,148,415 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,048,943 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,610,713 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,130,533 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $47,581,108 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $900,006 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $72,177,285 | PYOtherExpensesAmt |
| CY Other Expenses | $80,976,068 | CYOtherExpensesAmt |
| PY Total Expenses | $140,356,761 | PYTotalExpensesAmt |
| CY Total Expenses | $156,167,889 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $53,961,235 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $30,980,526 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $489,901,494 | TotalAssetsBOYAmt |
| Total Assets EOY | $527,263,339 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $190,159,811 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $192,240,332 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $299,741,683 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $335,023,007 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $97,879,224 | ExpenseAmt |
| Grant | $25,242,664 | GrantAmt |
| Revenue | $122,078,190 | RevenueAmt |
| Desc | HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 3940 UNDERGRADUATE STUDENTS THROUGH ITS HAYWORTH COLLEGE OF ARTS & SCIENCES, PHILLIPS SCHOOL OF BUSINESS, QUBEIN SCHOOL OF COMMUNICATIONS, AND SCHOOLS OF ART & DESIGN, EDUCATION AND HEALTH SCIENCES. THE UNIVERSITY SERVES APPROXIMATELY 200 GRADUATE STUDENTS THROUGH ITS NORCROSS GRADUATE SCHOOL. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $327,583 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $500,122 | RevenueAmt |
| Desc | HIGH POINT UNIVERSITY ALSO SERVES APPROXIMATELY 60 ADULT STUDENTS THROUGH ITS EVENING DEGREE PROGRAM. THIS PROGRAM IS BEING PHASES OUT. NO NEW STUDENTS ARE BEING ACCEPTED, CURRENT STUDENTS ARE FINISHING THE PROGRAM LIFE CYCLE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $98,206,807 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 182 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2168 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 46 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 43 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNY G BOLTON | PersonNm |
| Phone | 3368419000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ELIZABETH ALDRIDGE | |||||||||
| BOARD SECRETARY | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE M BOLES | |||||||||
| CHAIR, STUDENT LIFE COMMITTEE/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| L PAUL BRAYTON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT BROWN | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD P BUDD | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| LYNN B CALDWELL | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| DORIS R COGGIN | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| EARL E CONGDON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| FLOYD T CRAVEN | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ASHLEY CROWDER-STANLEY | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT G CULP III | |||||||||
| CHAIR, INVESTMENT COMMITTEE/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN FINCH | |||||||||
| VICE CHAIR OF BOARD AND CHAIR, FINANCE COMMITTEE/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID L FRANCIS | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| SHIRLEY T FRYE | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS S HAGGAI | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| DONALD W HAYNES | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID R HAYWORTH | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| MOLLY MILLIS HEDGECOCK | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER L HENSON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS E INGRAM | |||||||||
| CHAIR, ACADEMIC AFFAIRS/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| RONALD L JONES | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| GENE C KESTER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM V KESTER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| MIRIAM O KIMSEY | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| PETER MAHLER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE K MAYNARD | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| MEREDITH P MICHENER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES H MILLIS | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ADNAN M MJALLI | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| MARK A NORCROSS | |||||||||
| CHAIR, UNIVERSITY ADVANCEMENT/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN NORTON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| MARSHA B SLANE | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| J ROBERT STOUT | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT E STROUPE | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD R VERT | |||||||||
| BOARD CHAIR/TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| ANNE KERR WALKER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| J ALEXANDER WARD | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| COY O WILLARD | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| PLATO S WILSON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| FRED E WILSON | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS WITCHER | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM F WOMBLE | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| W VANN YORK | |||||||||
| TRUSTEE | 0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| NIDO QUBEIN | |||||||||
| PRESIDENT | 40 | 0 | $2,881,311 | $0 | $284,487 | Yes (X) | |||
| D ANDREW BILLS | |||||||||
| VICE PRESIDENT | 40 | 0 | $214,136 | $0 | $37,711 | Yes (X) | |||
| DENNY G BOLTON | |||||||||
| VICE PRESIDENT | 40 | 0 | $268,018 | $0 | $30,131 | Yes (X) | |||
| KEVIN EDWARDS | |||||||||
| VICE PRESIDENT | 40 | 0 | $35,000 | $0 | $5,835 | Yes (X) | |||
| DENNIS CARROLL | |||||||||
| VICE PRESIDENT | 40 | 0 | $243,168 | $0 | $26,771 | Yes (X) | |||
| ROGER CLODFELTER | |||||||||
| VICE PRESIDENT | 40 | 0 | $125,273 | $0 | $12,221 | Yes (X) | |||
| WELLINGTON DESOUZA | |||||||||
| VICE PRESIDENT | 40 | 0 | $138,538 | $0 | $17,054 | Yes (X) | |||
| CHRISTOPHER DUDLEY | |||||||||
| VICE PRESIDENT | 40 | 0 | $212,082 | $0 | $44,687 | Yes (X) | |||
| DONALD SCARBOROUGH | |||||||||
| VICE PRESIDENT | 40 | 0 | $150,412 | $0 | $24,002 | Yes (X) | |||
| GAIL TUTTLE | |||||||||
| VICE PRESIDENT | 40 | 0 | $164,511 | $0 | $21,353 | Yes (X) | |||
| CRAIG KEILITZ | |||||||||
| VICE PRESIDENT - ATHLETICS | 40 | 0 | $154,686 | $0 | $21,211 | Yes (X) | |||
| SCOTT CHERRY | |||||||||
| COACH | 40 | 0 | $205,932 | $0 | $34,348 | Yes (X) | |||
| DANIEL ERB | |||||||||
| DEAN/PROFESSOR | 40 | 0 | $192,339 | $0 | $36,742 | Yes (X) | |||
| ERIC HEGEDUS | |||||||||
| CHAIR/PROFESSOR | 40 | 0 | $151,043 | $0 | $39,636 | Yes (X) | |||
| RONALD RAGAN | |||||||||
| DEAN/PROFESSOR | 40 | 0 | $193,534 | $0 | $40,505 | Yes (X) | |||
| MARK TEAFORD | |||||||||
| PROFESSOR | 40 | 0 | $142,109 | $0 | $11,089 | Yes (X) | |||
| JACOB C MARTINSON | |||||||||
| FORMER PRESIDENT, HONORARY TRUSTEE | 0 | 0 | $35,339 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,507,431 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $687,783 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 39 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt | Business Name Line2ContractorName/BusinessName/BusinessNameLine2 | Address Line2ContractorAddress/USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|
| ARAMARK SERVICES | |||||||
| 1101 MARKET STREET | PHILADELPHIA | PA | 19107 | FOOD SERVICES | $11,694,339 | ||
| BUDD GROUP | |||||||
| 2325 S STRATFORD ROAD | WINSTON SALEM | NC | 27103 | MAINTENANCE SERVICES | $4,686,352 | ||
| APPLEGATE RESTAURANTS LLC | |||||||
| 2605 OLD GREENSBORO ROAD | HIGH POINT | NC | 27265 | FOOD SERVICES | $1,212,306 | ATTN TIMOTHY B APPLEGATE | |
| MERCER ARCHITECTURE | |||||||
| 1015 HUTTON LANE | HIGH POINT | NC | 27262 | ARCHITECTS | $1,029,318 | SUITE 106 | |
| CREATIVE SERVICES INC | |||||||
| 806 WESTCHESTER DRIVE | HIGH POINT | NC | 27262 | MARKETING SERVICES | $979,900 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 53 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $1,476,143 | GovernmentGrantsAmt |
| All Other Contributions | $9,327,107 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $10,803,250 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| STUDENT TUITION & FEES | 611710 | $122,578,312 | $122,578,312 | $0 | $0 |
| RESIDENCE HALL FEES | 721310 | $27,527,373 | $27,527,373 | $0 | $0 |
| CAFETERIA/MEALS | 722210 | $20,546,675 | $20,546,675 | $0 | $0 |
| INTERCOLLEGIATE ATHLETICS | 611710 | $533,721 | $533,721 | $0 | $0 |
| BOOKSTORE | 611710 | $313,476 | $313,476 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,540 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $107,540 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $171,607,097 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,370,337 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $53,096 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,317,241 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,405,758 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,525,925 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $879,833 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $879,833 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $879,833 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,168,885 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,711,893 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $456,992 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $456,992 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $456,992 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $18,946 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $40,702 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$21,756 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$21,756 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUMMER CONFERENCES | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $2,052,662 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,052,662 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,052,662 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $187,148,415 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $173,659,759 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $53,096 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,632,310 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,368,049 | TotalAmt |
| Program Services | $2,368,049 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,242,664 | TotalAmt |
| Program Services | $25,242,664 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,147,937 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,147,937 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,653,901 | TotalAmt |
| Program Services | $30,950,206 | ProgramServicesAmt |
| Management And General | $3,327,989 | ManagementAndGeneralAmt |
| Fundraising | $375,706 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,069,000 | TotalAmt |
| Program Services | $2,069,000 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,710,270 | TotalAmt |
| Program Services | $3,632,056 | ProgramServicesAmt |
| Management And General | $1,996,218 | ManagementAndGeneralAmt |
| Fundraising | $81,996 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $448,386 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $448,386 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,990,116 | TotalAmt |
| Program Services | $11,802,167 | ProgramServicesAmt |
| Management And General | $4,187,949 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,554 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $536,554 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,183,548 | TotalAmt |
| Program Services | $7,375,613 | ProgramServicesAmt |
| Management And General | $6,365,631 | ManagementAndGeneralAmt |
| Fundraising | $442,304 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,080,182 | TotalAmt |
| Program Services | $7,507,826 | ProgramServicesAmt |
| Management And General | $2,572,356 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,181 | TotalAmt |
| Program Services | $429,849 | ProgramServicesAmt |
| Management And General | $233,332 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,080,962 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $6,080,962 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,098,307 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $20,098,307 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,509,703 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $2,509,703 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| INTERCOLLEGIATE PROGRAM | $2,774,942 | $2,774,942 | $0 | $0 |
| SPECIAL EVENTS | $2,335,143 | $1,277,688 | $1,057,455 | $0 |
| GRADUATE SCHOOL PROGRAM | $492,289 | $492,289 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,782,755 | TotalAmt |
| Program Services | $2,284,458 | ProgramServicesAmt |
| Management And General | $2,498,297 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,167,889 | TotalAmt |
| Program Services | $98,206,807 | ProgramServicesAmt |
| Management And General | $57,061,076 | ManagementAndGeneralAmt |
| Fundraising | $900,006 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,045,257 | BOYAmt |
| EOY | $1,223,805 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,843,290 | BOYAmt |
| EOY | $77,135,694 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,169,454 | BOYAmt |
| EOY | $11,718,277 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,772,495 | BOYAmt |
| EOY | $2,758,582 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,875,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,622 | BOYAmt |
| EOY | $1,624,117 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $511,396,055 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $137,034,903 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,835,115 | BOYAmt |
| EOY | $374,361,152 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,232,228 | BOYAmt |
| EOY | $45,191,891 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,175,862 | BOYAmt |
| EOY | $1,287,146 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,916,171 | BOYAmt |
| EOY | $10,087,675 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,901,494 | BOYAmt |
| EOY | $527,263,339 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,369,067 | BOYAmt |
| EOY | $17,605,572 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,530,546 | BOYAmt |
| EOY | $7,282,147 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,630,000 | BOYAmt |
| EOY | $83,071,360 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,821,417 | BOYAmt |
| EOY | $82,429,726 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,808,781 | BOYAmt |
| EOY | $1,851,527 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,159,811 | BOYAmt |
| EOY | $192,240,332 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,552,725 | BOYAmt |
| EOY | $270,686,790 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,263,896 | BOYAmt |
| EOY | $29,433,359 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,925,062 | BOYAmt |
| EOY | $34,902,858 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,741,683 | BOYAmt |
| EOY | $335,023,007 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,901,494 | BOYAmt |
| EOY | $527,263,339 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $30,980,526 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,659,416 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $1,641,382 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $2,572,535 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | EDUCATION | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,681,261 | BeginningYearBalanceAmt |
| Contributions | $2,076,583 | ContributionsAmt |
| Investment Earnings Or Losses | $4,429,369 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,001,654 | OtherExpendituresAmt |
| Administrative Expenses | $161,112 | AdministrativeExpensesAmt |
| End Year Balance | $48,024,447 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,364,935 | BeginningYearBalanceAmt |
| Contributions | $2,732,519 | ContributionsAmt |
| Investment Earnings Or Losses | $4,383,002 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $691,633 | OtherExpendituresAmt |
| Administrative Expenses | $107,562 | AdministrativeExpensesAmt |
| End Year Balance | $42,681,261 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $37,717,174 | BeginningYearBalanceAmt |
| Contributions | $1,962,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,113,175 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,048,278 | OtherExpendituresAmt |
| Administrative Expenses | $152,786 | AdministrativeExpensesAmt |
| End Year Balance | $36,364,935 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,771,340 | BeginningYearBalanceAmt |
| Contributions | $1,366,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,661,902 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,924,801 | OtherExpendituresAmt |
| Administrative Expenses | $157,267 | AdministrativeExpensesAmt |
| End Year Balance | $37,717,174 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,486,849 | BeginningYearBalanceAmt |
| Contributions | $700,000 | ContributionsAmt |
| Investment Earnings Or Losses | $7,781,995 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,051,000 | OtherExpendituresAmt |
| Administrative Expenses | $146,504 | AdministrativeExpensesAmt |
| End Year Balance | $32,771,340 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0069 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.9931 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $53,202,945 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $53,202,945 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $341,766,157 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $68,043,216 | DepreciationAmt |
| Book Value | $273,722,941 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $35,256,043 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,021,368 | DepreciationAmt |
| Book Value | $24,234,675 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $71,003,437 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,970,319 | DepreciationAmt |
| Book Value | $13,033,118 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $10,167,473 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $10,167,473 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $374,361,152 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CORPORATE STOCKS, BONDS & NOTE | $44,915,461 | F |
| INSURANCE CONTRACT | $276,430 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $45,191,891 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS HELD IN CUSTODY | $327,454 |
| FEDERAL & STATE STUDENT LOAN MONIES | $1,524,073 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,851,527 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $191,449,213 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,659,416 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $1,641,382 | OtherRevenueAmt |
| Revenue Not Reported | $4,300,798 | RevenueNotReportedAmt |
| Revenue Subtotal | $187,148,415 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $187,148,415 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $130,925,225 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $130,925,225 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $25,242,664 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $25,242,664 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $156,167,889 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 | THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. |
| Schedule D, Part V, Line 4 | ENDOWMENT FUNDS ARE USED FOR THE PURPOSE STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. |
| Schedule D, Part X, Line 2 | IT IS THE UNIVERSITIES POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2014 OR 2013. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31, 2010; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION AS WELL AS RELATED PENALTIES AND INTEREST WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. |
| Schedule D, Part XI, Line 2d | Interest Rate Swap |
| Schedule D, Part XII, Line 4b | Grants and Allocations |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | ALL BROADCASTS & PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. |
| Schedule E, Part I, Line 6 | THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF THE STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Study Abroad (AUS, CZ, HU) | $89,000 |
| Sub-Saharan Africa | 0 | 2 | Program Services | Study Abroad (S. Africa) | $88,000 |
| South America | 0 | 2 | Program Services | Study Abroad (Ecuador) | $83,500 |
| South America | 0 | 2 | Program Services | Study Abroad (Chile) | $35,500 |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Study Abroad (multi) | $100,000 |
| East Asia and the Pacific | 0 | 3 | Program Services | Study Abroad (Japan) | $87,000 |
| South America | 0 | 2 | Program Services | Study Abroad (ARG/CHI) | $52,000 |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Study Abroad (Spain) | $53,000 |
| East Asia and the Pacific | 0 | 2 | Program Services | Study Abroad (New Zealand) | $47,000 |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Study Abroad (AUS/CZE) | $40,000 |
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Study Abroad (Italy) | $58,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 23 | TotalEmployeeCnt |
| Total Spent | $733,000 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1Amt |
| Gross Receipts Event1 | $15,045 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $0 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $15,045 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $3,469 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $8,046 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $855 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $0 | OtherDirectExpensesEvent1Amt |
| Food And Beverage Other Events | $0 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $0 | EntertainmentOtherEventsAmt |
| Gross Receipts Total | $15,045 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $0 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $15,045 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $3,469 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $8,046 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $855 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $0 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $0 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $12,370 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $2,675 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Business Name Line2RecipientBusinessName/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|---|
| HIGH POINT AREA ARTS COUNCIL | |||||||||
| PO BOX 5526 | HIGH POINT | NC | 27262 | 560751201 | A PUBLIC CHARITY | $38,000 | $0 | GENERAL SUPPORT | |
| ACTION GREENSBORO | |||||||||
| 317 SOUTH ELM STREET | GREENSBORO | NC | 27401 | 562251250 | A PUBLIC CHARITY | $100,000 | AID FOR MONTLIEU ACADEMY OF TECHNOLOGY, COMPUTER PROJECT THROUGH BUSINESS FOR EXCELLENCE IN EDUCATION. | ||
| UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION | |||||||||
| 1533 SOUTH MAIN STREET | WINSTON SALEM | NC | 27127 | 566064850 | A PUBLIC CHARITY | $25,000 | GENERAL SUPPORT | ||
| HIGH POINT CHAMBER FOUNDATION | |||||||||
| PO BOX 5025 | HIGH POINT | NC | 27262 | 581321573 | A PUBLIC CHARITY | $100,000 | GENERAL SUPPORT | ||
| FRIENDS OF JOHN COLTRANE INC | |||||||||
| PO BOX 2392 | HIGH POINT | NC | 27261 | 272375364 | A PUBLIC CHARITY | $10,000 | GENERAL SUPPORT | ||
| PIEDMONT TRIAD PARTNERSHIP | |||||||||
| 416 GALLIMORE DAIRY ROAD | GREENSBORO | NC | 27409 | 561750279 | A PUBLIC CHARITY | $25,000 | GENERAL SUPPORT | ||
| UNITED WAY OF HIGH POINT INC | |||||||||
| 201 CHURCH AVENUE | HIGH POINT | NC | 27262 | 560547486 | A PUBLIC CHARITY | $12,509 | GENERAL SUPPORT | ||
| HIGH POINT COMMUNITY FOUNDATION | |||||||||
| 101 S MAIN STREET | HIGH POINT | NC | 27260 | 561695787 | COMMUNITY FOUNDATION | $2,007,500 | GENERAL SUPPORT | ||
| YWCA OF HIGH POINT | |||||||||
| 112 GATEWOOD AVENUE | HIGH POINT | NC | 27262 | 560579600 | A PUBLIC CHARITY | $15,000 | GENERAL SUPPORT | ||
| AMERICAN RED CROSS | |||||||||
| 815 PHILLIPS AVENUE | HIGH POINT | NC | 27262 | 530196605 | A PUBLIC CHARITY | $11,448 | UNIVERSITY PORTION OF HPU CARES DONATION FOR BOSTON | HIGH POINT-THOMASVILLE CHAPTER | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | VARIOUS SCHOLARSHIPS & STUDENT AID | GrantTypeTxt |
| Recipient | 2760 | RecipientCnt |
| Cash Grant | $25,242,664 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | IN THE 2013/2014 FISCAL YEAR, THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE EXECUTIVE VICE PRESIDENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NIDO QUBEIN | ||||||||||||||
| PRESIDENT | $662,851 | $0 | $1,000 | $0 | $2,217,460 | $0 | $256,650 | $0 | $27,837 | $0 | $3,165,798 | $0 | $1,664,185 | $0 |
| D ANDREW BILLS | ||||||||||||||
| VICE PRESIDENT | $210,727 | $0 | $1,500 | $0 | $1,909 | $0 | $11,083 | $0 | $26,628 | $0 | $251,847 | $0 | $0 | $0 |
| DONALD SCARBOROUGH | ||||||||||||||
| VICE PRESIDENT | $145,907 | $0 | $1,500 | $0 | $3,005 | $0 | $12,000 | $0 | $12,002 | $0 | $174,414 | $0 | $0 | $0 |
| DENNIS CARROLL | ||||||||||||||
| VICE PRESIDENT | $238,763 | $0 | $1,500 | $0 | $2,905 | $0 | $19,200 | $0 | $7,571 | $0 | $269,939 | $0 | $0 | $0 |
| DENNY G BOLTON | ||||||||||||||
| VICE PRESIDENT | $260,856 | $0 | $1,500 | $0 | $5,662 | $0 | $21,319 | $0 | $8,811 | $0 | $298,148 | $0 | $0 | $0 |
| CHRISTOPHER DUDLEY | ||||||||||||||
| VICE PRESIDENT | $209,793 | $0 | $1,500 | $0 | $789 | $0 | $17,733 | $0 | $26,954 | $0 | $256,769 | $0 | $0 | $0 |
| WELLINGTON DESOUZA | ||||||||||||||
| VICE PRESIDENT | $131,304 | $0 | $500 | $0 | $6,734 | $0 | $10,609 | $0 | $6,445 | $0 | $155,592 | $0 | $0 | $0 |
| GAIL TUTTLE | ||||||||||||||
| VICE PRESIDENT | $162,100 | $0 | $1,500 | $0 | $911 | $0 | $13,120 | $0 | $8,233 | $0 | $185,864 | $0 | $0 | $0 |
| KEVIN EDWARDS | ||||||||||||||
| VICE PRESIDENT | $33,811 | $0 | $1,000 | $0 | $189 | $0 | $1,076 | $0 | $4,759 | $0 | $40,835 | $0 | $0 | $0 |
| ROGER CLODFELTER | ||||||||||||||
| VICE PRESIDENT | $123,333 | $0 | $1,500 | $0 | $440 | $0 | $12,221 | $0 | $0 | $0 | $137,494 | $0 | $0 | $0 |
| CRAIG KEILITZ | ||||||||||||||
| VICE PRESIDENT - ATHLETICS | $152,523 | $0 | $1,500 | $0 | $664 | $0 | $12,400 | $0 | $8,811 | $0 | $175,898 | $0 | $0 | $0 |
| JACOB C MARTINSON | ||||||||||||||
| FORMER PRESIDENT, HONORARY TRUSTEE | $15,339 | $0 | $0 | $0 | $20,000 | $0 | $0 | $0 | $0 | $0 | $35,339 | $0 | $0 | $0 |
| SCOTT CHERRY | ||||||||||||||
| COACH | $202,363 | $0 | $1,500 | $0 | $2,069 | $0 | $8,858 | $0 | $25,490 | $0 | $240,280 | $0 | $0 | $0 |
| DANIEL ERB | ||||||||||||||
| DEAN/PROFESSOR | $189,695 | $0 | $1,500 | $0 | $1,145 | $0 | $10,036 | $0 | $26,707 | $0 | $229,083 | $0 | $0 | $0 |
| RONALD RAGAN | ||||||||||||||
| DEAN/PROFESSOR | $190,766 | $0 | $1,500 | $0 | $1,268 | $0 | $15,583 | $0 | $24,922 | $0 | $234,039 | $0 | $0 | $0 |
| MARK TEAFORD | ||||||||||||||
| PROFESSOR | $138,618 | $0 | $1,500 | $0 | $1,991 | $0 | $11,089 | $0 | $0 | $0 | $153,198 | $0 | $0 | $0 |
| ERIC HEGEDUS | ||||||||||||||
| CHAIR/PROFESSOR | $147,938 | $0 | $1,500 | $0 | $1,606 | $0 | $12,732 | $0 | $26,904 | $0 | $190,680 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | NIDO QUBEIN, PRESIDENT RECEIVES A HOUSING ALLOWANCE AND HAS SERVICES PROVIDED AT THE HOME INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THESE ITEMS WERE REPORTED AS TAXABLE INCOME ON DR. QUBEIN'S W-2. |
| Schedule J, Part I, Line 3 | AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. |
| Schedule J, Part I, Line 4 | NIDO QUBEIN, PRESIDENT RECEIVED A RETIREMENT DISTRIBUTION OF 1,832,935 IN TAX YEAR 2013. DR. QUBEIN RECEIVED A CONTRIBUTION TO HIS 457F PLAN IN THE AMOUNT OF $405,000 DURING THE TAX YEAR. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NC CAPITAL FACILITIES FINANCE AGENCY | ||||||||
| A | 561592154 | 65818PJB6 | 2011-07-07 | $20,332,782 | CAPITAL SPENDING | 0 | 0 | 0 |
| NC CAPITAL FACILITIES FINANCE AGENCY | ||||||||
| B | 561592154 | 65818PJY6 | 2012-07-11 | $64,868,829 | CAPITAL SPENDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $20,332,782 | $0 | $0 | $0 | $332,594 | $0 | $0 | $20,000,188 | $0 | $0 | 2012 | 0 | 0 | Yes (1) | Yes (1) |
| B | $55,139,614 | $0 | $64,868,829 | $0 | $0 | $0 | $727,351 | $0 | $0 | $7,000,000 | $0 | $2,001,865 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part II, Line 12-07/11/2012 64,868,829 NC CAPITAL FACILITIES FINANCE AGENCY | FormAndLineReferenceDesc |
| Explanation | AS OF MAY 31, 2014, THE BOND PROCEEDS FOR CAPITAL EXPENDITURES FROM THE 2012 BOND ISSUE HAD NOT BEEN SPENT. THE PROJECTS DID SPEND THE REMAINING FUNDS IN JUNE 2014 LEAVING NO ADDITIONAL PROCEEDS TO BE SPENT. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd | Business Name Line2NameOfInterested/BusinessName/BusinessNameLine2 |
|---|---|---|---|---|
| BB&T | ||||
| NIDO QUBEIN, PRESIDENT, IS ON THE BOARD OF TRUSTEES OF BB&T | $7,262,478 | HIGH POINT UNIVERSITY DOES BANKING AND HAS LINES OF CREDIT WITH BB&T | 0 | |
| THE BUDD GROUP | ||||
| THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD. | $4,735,484 | THE BUDD GROUP IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY. | 0 | |
| CREATIVE SERVICES INC | ||||
| OWNERS OF CREATIVE SERVICES ARE THE CHILDREN OF NIDO QUBEIN, PRESIDENT. | $825,100 | CREATIVE SERVICES PROVIDES PUBLIC RELATIONS AND MARKETING MATERIALS FOR THE UNIVERSITY. THE COMPANY HAS DONE BUSINESS WITH THE UNIVERSITY SINCE 1994, 12 YEARS BEFORE THE CURRENT PRESIDENT TOOK OFFICE. | 0 | |
| SOUTHEASTERN BUILDING SERVICES INC | ||||
| MIRIAM KIMSEY, TRUSTEE IS THE VICE PRESIDENT OF SOUTHEASTERN BUILDING SERVICES INC. | $277,562 | THE COMPANY PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS. | 0 | |
| WOMBLE CARLYLE SANDRIDGE AND RICE LLP | ||||
| WILLIAM WOMBLE IS ON THE BOARD OF TRUSTEES. | $193,142 | THE FIRM IS HPU'S PRIMARY COUNSEL FOR LEGAL MATTERS. MR. WOMBLE IS A RETIRED PARTNER OF THIS FIRM. HE RECEIVES FORMULA BASED RETIREMENT COMPENSATION BUT PROVIDES NO SERVICES. | 0 | |
| PIEDMONT HAWTHORNE AVIATION | ||||
| NIDO QUBEIN IS PART OWNER OF THE AIRPLANE THAT HIGH POINT LEASES FOR THE PRESIDENTS TRAVEL USE. | $107,098 | DRY LEASE FOR AIR PLANE FOR PRESIDENT'S TRAVEL. | 0 | DBA LANDMARK AVIATION |
Schedule M IRS990ScheduleM
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $715,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | ATHLETIC EQUIPMENT | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $21,149 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I, Line 32b | OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. |
| Schedule M, Part I, Line 33 | THE UNIVERSITY ONLY RECOGNIZES THROUGH REVENUE THOSE NON-CASH CONTRIBUTIONS EXTERNALLY VALUED IN EXCESS OF A SET AMOUNT PER UNIVERSITY POLICY. IF NON-CASH GIFTS ARE RECEIVED THAT ARE VALUED LESS THAN THEIR PRE-DETERMINED POLICY AMOUNT, THE GIFT IS SUBSTANTIATED TO THE DONOR WITHOUT A VALUE AND IS NOT RECORDED IN REVENUE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 3 | THE UNIVERSITY IS PHASING OUT THE ADULT CONTINUING EDUCATION PROGRAM. CURRENTLY ENROLLED STUDENTS WILL BE ALLOWED TO FINISH THE PROGRAM THEY ARE CURRENTLY ENROLLED IN. NEW STUDENTS ARE NOT BEING ACCEPTED. THE BUDD CAMPUS WHERE THESE PROGRAMS WERE PREVIOUSLY OPERATED WAS SOLD IN TAX YEAR 2013. |
| Form 990, Part VI, Section A, Line 2 | BOARD OF TRUSTEE MEMBERS GENE AND WILLIAM KESTER ARE BROTHERS. BOARD OF TRUSTEE MEMBERS JAMES MILLIS AND MOLLY MILLIS-HEDGECOCK ARE BROTHER AND SISTER. |
| Form 990, Part VI, Section B, Line 11b | THE FORM 990 IS PREPARED BY THE CFO AND CURRENTLY REVIEWED BY THE AUDIT FIRM. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT AND THE EXECUTIVE VICE PRESIDENT WITH A COPY PROVIDED TO THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section B, Line 12c | EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AND REVIEWS THOROUGHLY AT LEAST ANNUALLY. |
| Form 990, Part VI, Section B, Line 15 | INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS. |
| Form 990, Part VI, Section C, Line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Form 990, Part IX, Line 11g | SERVICES RELATED TO OUR OUTSOURCED DINING CONTRACT WITH ARAMARK ARE INCLUDED IN OTHER SERVICES IN THE AMOUNT OF $10,621,723. SERVICES FROM BUDD GROUP ARE ALSO INCLUDED IN THE AMOUNT OF $2,687,069. WE ALSO HAVE VARIOUS OTHER PROFESSIONAL SERVICES OF $2,431,061 SHOWN IN THIS LINE ITEM. |
| Form 990, Part XI, Line 9 | CHANGE IN INTEREST RATE SWAP $1,641,382 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1924 HOLDINGS LLC | ||||||||||
| 833 MONTLIEU AVENUE | HIGH POINT | NC | 27262 | 900660924 | RENTAL | NC | $3,405,758 | $9,583,013 | HIGH POINT UNIVERSITY | |
| LONGLEAF PINE REALTY LLC | ||||||||||
| 101 NORTH TRYON STREET | CHARLOTTE | NC | 28246 | Real Estate Purchases | NC | $0 | $0 | HIGH POINT UNIVERSITY | SUITE 1900 | |
| OLYMPUS REALTY LLC | ||||||||||
| 101 NORTH TYRON STREET | CHARLOTTE | NC | 28246 | REAL ESTATE PURCHASES | NC | $0 | $0 | HIGH POINT UNIVERSITY | SUITE 1900 | |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE UNIVERSITY RECEIVED EXTENSION PERMISSION FROM THE IRS UNDER FORM 8868. | ExplanationTxt |
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