2015-04-15T14:01:58-05:00 2014-05-31 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2013-06-01 560686603 NORTH CAROLINA WESLEYAN COLLEGE INC NORT 2529855100 3400 NORTH WESLEYAN BLVD ROCKY MOUNT NC 278048699 JASON EDWARDS VP OF FINANCE & ADMINISTRATION 2529855100 2015-04-15 1 MARK WOOLWINE P00647446 5404433606 2013 2016-03-07 17:11:31Z JASON EDWARDS 3400 N WESLEYAN BLVD ROCKY MOUNT NC 278048677 40210008 0 X WWW.NCWC.EDU X 1956 NC TO PREPARE STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. 26 26 754 0 255636 0 4358917 2369151 27348898 29648209 621079 617858 234429 255636 32563323 32890854 7779048 9231013 0 0 10899168 11944430 0 0 306728 10342577 11264385 29020793 32439828 3542530 451026 46176421 48734201 10208644 12041172 35967777 36693029 NORTH CAROLINA WESLEYAN COLLEGE, A PRIVATE INSTITUTION AFFILIATED WITH THE UNITED METHODIST CHURCH, PREPARES STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES. 0 0 27369521 9231013 29589098 INSTRUCTIONAL SERVICES TO COLLEGE STUDENTS 334914 PUBLIC SERVICE - OPERATED THE DUNN CENTER FOR THE PERFORMING ARTS, OPEN TO THE COMMUNITY AND EASTERN NORTH CAROLINA 27704435 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 55 0 1 754 1 1 1 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JASON EDWARDS 2529855100 3400 N WESLEYAN BLVD ROCKY MOUNT NC 278048699 MR F MARION BARNES TRUSTEE 5.00 X 0 0 0 MR THOMAS A BETTS JR TRUSTEE 5.00 X 0 0 0 MS JUDITH K BOYD TRUSTEE 5.00 X 0 0 0 MR DEWEY G CLARK CHAIR 5.00 X 0 0 0 MRS JULIA CONGLETON-BRYANT TRUSTEE 5.00 X 0 0 0 MS PHYLLIS S COWELL TRUSTEE 5.00 X 0 0 0 DR DANIEL L CROCKER TRUSTEE 5.00 X 0 0 0 MR JAMES R DICKENS SR TRUSTEE 5.00 X 0 0 0 MR CHRISTOPHER S DAVIS TRUSTEE 5.00 X 0 0 0 HONORABLE ROBERT A EVANS TRUSTEE 5.00 X 0 0 0 MR MICHAEL H HANCOCK TRUSTEE 5.00 X 0 0 0 DR JOHN D HARTNESS TRUSTEE 5.00 X 0 0 0 MRS VEL H JOHNSON TRUSTEE 5.00 X 0 0 0 MR WILLIAM H KINCHELOE TRUSTEE 5.00 X 0 0 0 MR WILL H LASSITER III TRUSTEE 5.00 X 0 0 0 MR HOWARD N LEE TRUSTEE 5.00 X 0 0 0 NANA A MAH'MOUD ESQ TRUSTEE 5.00 X 0 0 0 MR JOSEPH H NELSON TRUSTEE 5.00 X 0 0 0 MR LLOYD E NELSON TRUSTEE 5.00 X 0 0 0 MR DAVID OETTINGER JR SECRETARY 5.00 X 0 0 0 MR MARVIN PITTMAN TRUSTEE 5.00 X 0 0 0 DR WILLIAM B PITTMAN TRUSTEE 5.00 X 0 0 0 GENERAL H HUGH SHELTON VICE CHAIR 5.00 X 0 0 0 MR A DONALD STALLINGS TRUSTEE 5.00 X 0 0 0 MR ROGER G TAYLOR TRUSTEE 5.00 X 0 0 0 DR ROBERT E ZIPF JR TRUSTEE 5.00 X 0 0 0 MR JAMES A GRAY III PRESIDENT 40.00 X 213931 0 26696 MR JASON B EDWARDS VICE PRESIDENT - FINANCE 40.00 X 87345 0 14510 MR MICHAEL J PRATT VICE PRESIDENT - ADVANCEME 40.00 X 161286 0 8915 MR WILLIAM ALLEN VICE PRESIDENT - ENROLLMEN 40.00 X 123225 0 26601 MR MICHAEL B BROWN PROVOST & SR VP - ACADEMIC 40.00 X 68658 0 3791 MR RANDOLPH WILLIAMS VICE PRESIDENT - STUDENT A 40.00 X 94273 0 31463 MR JOHN M THOMPSON VICE PRESIDENT - ATHLETICS 40.00 X 72084 0 26623 MR EVAN D DUFF VICE PRESIDENT - PROFESSIONAL AND ADULT STUDIES 40.00 X 116807 0 26170 937609 0 164769 5 0 1 0 SODEXO INC & AFFILIATES 3400 N WESLEYAN BLVD ROCKY MOUNT NC 27804 FOOD SERVICE AND MAINTENANCE 4829533 DUKE REALTY LP 75 REMITTANCE DRIVE SUITE 3208 CHICAGO IL 606753205 RENT 537930 PEMBERTON INC PO BOX 1418 ROCKY MOUNT VA 27802 CONTRACTOR 224654 JERRY BULLUCK CONSTRUCTION COMPANY 312 E BATTLEBORO AVE BATTLEBORO NC 27809 CONTRACTOR 183861 VIABLE MEDIA SERVICES PO BOX 1214 NEW BERN NC 28563 MARKETING 166483 6 201837 2167314 33799 2369151 TUITION AND FEES 611310 24412598 24412598 AUXILIARY ENTERPRISES 611710 4575307 4575307 OTHER SOURCES 611710 660304 660304 29648209 195810 195810 150680 0 150680 150680 150680 7741202 7260043 59111 481159 -59111 422048 -59111 481159 CENTER FOR THE PERFORMING ARTS - 711300 104874 104874 CENTER FOR THE PERFORMING ARTS CO 711300 82 82 104956 32890854 29589098 255636 676969 9231013 9231013 1151331 509731 476185 165415 8559509 7624121 854847 80541 295754 260743 35011 1272722 973441 299281 665114 504103 161011 8675 8675 96779 96779 77819 77819 255710 166744 88966 316420 316333 87 213434 171464 15093 26877 5842 5842 3000126 2773711 226415 557079 507725 48758 596 235885 172196 63689 1613910 1288232 325678 187983 86388 101595 OTHER EXPENSES 1406568 1053198 321627 31743 FOOD SERVICES 1153694 1153694 BAD DEBT EXPENSE 725196 725196 EQUIPMENT PURCHASE AND 529945 290615 239330 879320 620983 256781 1556 32439828 27704435 4428665 306728 957589 293645 2673968 3018420 3188863 3829166 1181579 856117 1092754 1115410 148326 144735 312944 337924 49393726 19920066 27125366 29473660 8805988 8958807 39000 39000 650044 667317 46176421 48734201 2712543 2535849 417439 363772 2775000 2310000 3747410 6256166 556252 575385 10208644 12041172 X 23779000 23106055 6031808 7239926 6156969 6347048 35967777 36693029 46176421 48734201 451026 274226 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 10571976 166491 840719 429743 10269 11139174 9310651 188921 1637738 548588 16746 10571976 9990617 225949 -325600 587152 -6837 9310651 8885832 100840 1444180 473886 -33651 9990617 7451953 266273 1148916 257029 -275719 8885832 0.16000 0.56980 0.27020 1 0 191448 191448 30355473 6778858 23576615 12817001 9241735 3575266 6029804 3899473 2130331 29473660 U.S. GOVERNMENT FUNDS 495818 AGENCY FUNDS 79567 575385 X 23856248 274226 274226 23582022 77819 9231013 9308832 32890854 23130996 0 23130996 77819 9231013 9308832 32439828 PART III, LINE 4: NORTH CAROLINA WESLEYAN COLLEGE IS A LOCAL AND REGIONAL CENTER FOR THE PERFORMING, VISUAL, AND LITERARY ARTS. THE MIMS ART GALLERY, THE LYNCH COLLECTION, AND THE FOUR SISTERS GALLERY ARE LOCATED ON THE COLLEGE CAMPUS. THE BRASWELL MEMORIAL LIBRARY COLLECTION IS LOCATED IN THE ROCKY MOUNT PUBLIC LIBRARY. THE GALLERIES ARE OPEN TO THE PUBLIC AND EXHIBIT PROFESSIONAL ART FROM AROUND THE WORLD, AROUND THE STATE, AND FROM WITHIN OUR OWN EASTERN CAROLINA COMMUNITY. THE COLLEGE STRIVES FOR INCLUSION AND QUALITY AND TO SERVE A DIVERSE COMMUNITY. PART V, LINE 4: THE COLLEGE'S ENDOWMENT IS MADE UP PRIMARILY OF ENDOWED SCHOLARSHIPS, DESIGNATED ENDOWMENTS AND GENERAL ENDOWMENTS ESTABLISHED FOR GENERAL COLLEGE SUPPORT PURPOSES USING DONOR-RESTRICTED GIFTS. PART X, LINE 2: SAS OF MAY 31, 2014 AND 2013, AND FOR THE YEARS THEN ENDED, THERE ARE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009 AND NORTH CAROLINA INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2006. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE FILES INCOME TAX RETURNS IN TEH U.S. FEDERAL JURISDICTION AND NORTH CAROLINA. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 9,231,013. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 9,231,013. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE'S NON-DISCRIMINATION POLICY IS ON THE WEBSITE, IN ADMISSIONS' PRINTED MATERIALS, IN ADVERTISEMENTS FOR ADMISSIONS' OPEN HOUSES (NEWSPAPERS) AND IN ALL EMPLOYMENT ADVERTISING. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVED FEDERAL AND STATE GRANTS IN THE AMOUNT OF $201,837. 1 ENDOWED SCHOLARSHIPS 125 528720 FMV N/A SEOG 51 65745 FMV N/A GENERAL SCHOLARSHIPS 891 8636548 FMV N/A PART I, LINE 2: GRANTS ARE MONITORED BY VARIOUS AREAS. FINANCIAL AID GRANTS ARE MONITORED BY THE FINANCIAL AID DIRECTOR TO ENSURE COMPLIANCE WITH ELIGIBILITY, SELECTION, AND DISTRIBUTION. DOCUMENTATION IS MAINTAINED AND AUDITED ANNUALLY. OTHER DEPARTMENT GRANTS ARE MONITORED BY THE RESPONSIBLE PARTY TO ENSURE THAT EXPENDITURES COMPLY WITH GRANT REQUIREMENTS AND ARE NOT DIVERTED FOR OTHER USES. THE NC BUDGET OFFICE REQUIRES PERIODIC REPORTING FOR ALL GRANTS. THE REPORTING IS COMPLETED BY THE RESPONSIBLE DEPARTMENT AND THEN ENTERED INTO THE STATE WEBSITE BY THE CONTROLLER ANNUALLY. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MR JAMES A GRAY III PRESIDENT 199075 0 0 0 14856 0 12285 0 14411 0 240627 0 0 0 MR MICHAEL J PRATT VICE PRESIDENT - ADVANCEME 156286 0 0 0 5000 0 0 0 8915 0 170201 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDES A RESIDENCE AND PAYS COMPENSATION TO THE PRESIDENT OF THE COLLEGE. THE RESIDENCE IS ON CAMPUS AND THE PRESIDENT IS REQUIRED TO LIVE AT THE RESIDENCE. JAMES R DICKENS TRUSTEE 1067 PRINTING SERVICES 0 ROGER G TAYLOR TRUSTEE 55313 THE COLLEGE PURCHASES INSURANCE THROUGH THE TRUSTEE WHO IS AN INSURANCE AGENT. 0 X 420 DONOR VALUE X 6 25542 NYSE VALUE-TRANSFER DATE X SIDEWALK 1 3000 DONOR VALUE X ATHLETIC SUPP 3 2885 DONOR VALUE X PRINTING 3 905 DONOR VALUE X HOSPITALITY 4 838 DONOR VALUE X OTHER 1 209 DONOR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE 990 IS FILED IT IS POSTED ON THE SECURE TRUSTEE WEBSITE AND THE TRUSTEES ARE NOTIFIED OF ITS AVAILABILITY FOR THEIR REVIEW. IN THE NOTIFICATION, A PROCESS WILL BE DESCRIBED FOR TRUSTEES TO ASK QUESTIONS, MAKE COMMENTS, ETC. FOR EXAMPLE, THE NOTIFICATION MIGHT SAY THAT QUESTIONS AND COMMENTS SHOULD GO TO THE VICE PRESIDENT OF FINANCE AND THE CHAIR OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE WILL MONITOR THE POLICY FOR ANNUAL DISCLOSURE AND INVESTIGATE NON-REPORTING. THE COLLEGE WILL ALSO PERIODICALLY AUDIT SELECTED SELF-DISCLOSURES. PARTIES CAN REPORT VIOLATIONS THROUGH THE WHISTLE BLOWER POLICY MECHANISM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS AND RECOMMENDS THE PRESIDENT'S SALARY BASED UPON ANNUAL GOAL SETTING AND PERFORMANCE EVALUATION, AS SET FORTH IN THE BY-LAWS, AND COMPARABLE SALARIES. THE FULL BOARD APPROVES THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS MADE IN PERSON WILL BE HONORED WITHIN FIVE BUSINESS DAYS. REQUESTS IN WRITING WILL BE MADE AVAILABLE WITHIN THIRTY DAYS. THE COLLEGE MAY CHOOSE TO APPLY PROCESSING CHARGES AND/OR MAILING FEES IF THE REQUESTING PARTY DOES NOT WANT TO REVIEW THE DOCUMENTS ON SITE. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.