2015-06-18T09:30:56-05:00 2014-08-31 410746749 CLIFTONLARSONALLENLLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2013-09-01 751596658 PARKER UNIVERSITY PARK 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR BRIAN MCAULAY PRESIDENT 9724386932 2015-06-14 1 LARRY ADAMS P01314654 9723835700 2013 2016-02-25 16:41:14Z DR BRIAN MCAULAY 2540 WALNUT HILL LANE DALLAS TX 752295612 70530942 0 X WWW.PARKER.EDU X 1982 TX CHIROPRACTIC EDUCATION 15 15 503 15 156600 -95765 710432 464742 27951038 31431175 1712196 1858877 675073 502920 31048739 34257714 450057 1548118 0 0 17215926 17865481 0 0 475916 10668477 12755980 28334460 32169579 2714279 2088135 42682252 46859047 3047566 3350366 39634686 43508681 X PARKER UNIVERSITY, BUILT UPON THE LEGACY OF ITS FLAGSHIP DOCTOR OF CHIROPRACTIC PROGRAM, HAS ESTABLISHED ITSELF AS A LEADING COMPREHENSIVE INSTITUTION. PARKER UNIVERSITY PROVIDES STUDENTS, PATIENTS, AND WELLNESS PROFESSIONALS WITH THE KNOWLEDGE AND HEALTHCARE EXPERIENCES TO REALIZE THEIR FULL POTENTIAL THROUGH A DEDICATED FOCUS ON EDUCATION, RESEARCH, AND SERVICE. 0 0 17315794 1548118 23205722 DOCTOR OF CHIROPRACTIC: PARKER UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 761 STUDENTS FOR FALL 2013, 742 STUDENTS FOR SPRING 2014 AND 710 STUDENTS FOR SUMMER 2014. THE COLLEGE GRADUATED 221 STUDENTS DURING THE FISCAL YEAR. 2390773 0 3475387 POSTGRADUATE EDUCATION: THE UNIVERSITY HOLDS EDUCATIONAL SEMINARS TO ASSIST DOCTORS IN MEETING THE REQUIREMENTS OF NATIONAL AND STATE BOARDS OF CHIROPRACTIC. SEMINARS ARE ALSO HELD TO ASSIST DOCTORS IN DAILY OPERATIONS OF THEIR OFFICES. 1258988 0 4077069 UNDERGRADUATE AND GRADUATE PROGRAMS: THE UNIVERSITY OFFERS A VARIETY OF UNDERGRADUATE AND GRADUATE PROGRAMS, ALL ARE BASED ON THE CORE PRINCIPLES OF PARKER UNIVERSITY AND ARE HEALTH CARE RELATED. 563818 0 672997 MASSAGE SCHOOL: PARKER UNIVERSITY MASSAGE SCHOOL'S MISSION IS TO EDUCATE INDIVIDUALS IN MASSAGE THERAPY. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 47 STUDENTS FOR FALL 2013, 47 STUDENTS FOR SPRING 2014 AND 53 STUDENTS FOR SUMMER 2014. THE COLLEGE GRADUATED 68 STUDENTS DURING THE FISCAL YEAR. 434497 0 0 RESEARCH: CHIROPRACTIC RESEARCH IS AN IMPORTANT COMPONENT OF ACADEMIC ACTIVITY AT THE UNIVERSITY AND THEREFORE IS THE SOURCE OF CONTENT FOR QUALITY INSTRUCTIONAL PROGRAMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO CONDUCT, PRESENT AND PUBLISH RESEARCH RELATED TO CHIROPRACTIC. 998315 0 672997 21963870 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 204 0 503 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X PARKER UNIVERSITY BUSINESS OFFICE 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR WRIGHT LASSITER CHAIRMAN 2.00 X X 0 0 0 DR J MICHAEL FLYNN VICE CHAIRMAN 2.00 X X 0 0 0 DR STACEY OLSON SECRETARY 2.00 X X 0 0 0 DT NGUYEN TREASURER 2.00 X X 0 0 0 DR PHILIP COOK ASSISTANT TREASURER 2.00 X X 0 0 0 DR STEVEN BROOKS TRUSTEE 2.00 X 0 0 0 DR THOM CHESNEY TRUSTEE 2.00 X 0 0 0 JOHN DEALEY TRUSTEE 2.00 X 0 0 0 EDWARD DESPLAS TRUSTEE 2.00 X 0 0 0 DR JACK DONOVAN TRUSTEE 2.00 X 0 0 0 GILBERT GERST TRUSTEE 2.00 X 0 0 0 DR ANDREW HATCH TRUSTEE 2.00 X 0 0 0 DR RAYMUND KING TRUSTEE 2.00 X 0 0 0 DR ROBERT LONGENECKER TRUSTEE 2.00 X 0 0 0 DR JONATHAN MORGAN TRUSTEE 2.00 X 0 0 0 DR JAYNE MOSCHELLA TRUSTEE 2.00 X 0 0 0 DR FRANCIS MURPHY TRUSTEE 2.00 X 0 0 0 MR WILLIAM NARDIELLO TRUSTEE 2.00 X 0 0 0 HON DAVE A NEUMANN TRUSTEE 2.00 X 0 0 0 DR VINCENT SCHEFFLER TRUSTEE 2.00 X 0 0 0 DR OLIVER SMITH TRUSTEE 2.00 X 0 0 0 ADMIRAL PATRICK WALSH TRUSTEE 2.00 X 0 0 0 DR BRIAN MCAULAY PRESIDENT 40.00 X 305060 0 12836 DR GERY HOCHANADEL PROVOST 40.00 X 308077 0 29550 DAVID GARAFOLA VP BUSINESS AFFAIRS 40.00 X 208323 0 24253 DR KENNETH THOMAS VP EXTERNAL PROGRAMS 40.00 X 192173 0 21444 AMANDA RAINEY VP DEVELOPMENT 40.00 X 137859 0 13072 SANDRA MCLEAN CHIEF HUMAN RESOURCES OFFICER 40.00 X 116707 0 13621 JANELL GIBSON VP ONLINE EDUCATION 40.00 X 60090 0 76 TIMOTHY GROSS VP COLLEGE OF CHIROPRACTIC 40.00 X 39000 0 0 DR GENE GIGGLEMAN ACADEMIC DEAN 40.00 X 144791 0 19337 DR RONALD RUPERT DEAN OF RESEARCH 40.00 X 147044 0 8637 DR PATRICK BODNAR ASST DEAN OF WELLNESS CLINICS 40.00 X 106042 0 20744 VALORY HEMPHILL DEAN OF ENROLLMENT 40.00 X 116308 0 4975 KEITH CLARK ASSISTANT CONTROLLER 40.00 X 108236 0 12478 DR FABRIZIO MANCINI FORMER PRESIDENT 40.00 X 269102 0 0 2258812 0 181023 15 1 1 0 UGL SERVICES UNICCO 4002 SOLUTIONS CENTER CHICAGO IL 60677 FACILITIES/HOUSEKEEPING 1328415 STANDARD PROCESS 1200 WEST ROYAL LEE DRIVE PALMYRA WI 53156 SUPPLEMENTS FOR BOOKSTORE/SHARE CENTER 826473 PINNACLE CONTRACTING 7733 FORSYTH BOULEVARD SUITE 1550 ST LOUIS MO 63105 CONSTRUCTION/RENOVATIONS 546379 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 DINING/CAFE 517650 PLATTFORM ADVERTISING INC PO BOX 841142 DALLAS TX 75284 DIGITAL MEDIA ADVERTISING 427213 13 93652 371090 9836 464742 TUITION AND FEES 611310 30023843 30023843 EDUCATIONAL CLINICS 611310 1012634 1012634 DINING AND OTHER AUXILIARY 611310 394698 394698 31431175 757452 757452 32870 99560 -66690 -66690 -66690 35141672 10000 34043897 6350 1097775 3650 1101425 1101425 2657827 2123421 534406 156600 377806 MISCELLANEOUS 611310 35204 35204 35204 34257714 31431175 156600 2205197 X 1548118 1548118 1680004 359984 1100763 219257 12669145 8675431 3900611 93103 450495 325042 120504 4949 2061299 1595024 430229 36046 1004538 699856 284668 20014 32932 32932 99836 99836 66000 66000 202081 202081 534075 200845 333230 1500053 74446 1425607 999086 656805 311633 30648 330524 269851 60673 1399 1399 3647680 2339928 1307752 231931 80415 138112 13404 3293 3293 1657549 1505694 151855 273471 273471 SEMINAR EXPENSES 1203229 1201680 1549 STUDENT LIFE 606376 539962 20187 46227 DUES AND SUBSCRIPTIONS 307266 123025 182892 1349 BANK FEES 241268 145088 96180 817931 1621277 -814265 10919 32169579 21963870 9729793 475916 3025365 3257963 194000 197500 173080 239462 369815 414694 223877 234124 1322394 1114901 747900 551387 35113332 26674987 7673748 8438345 28927663 32386512 24410 24159 42682252 46859047 2016557 2616228 768677 537979 79086 12913 183246 183246 3047566 3350366 X 38571817 42364904 551954 585667 510915 558110 39634686 43508681 42682252 46859047 2088135 1785860 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 66000 66000 0 PART II-B, LINE 1: THE UNIVERSITY USES A LOBBYIST IN AUSTIN TEXAS. THEY SPEAK TO THE MEMBERS OF THE TEXAS LEGISLATURE IN ORDER TO GAIN SUPPORT FOR LEGISLATION DIRECTLY RELATED TO PARKER UNIVERSITY OR RELATED TO ISSUES IN FURTHERANCE OF CHIROPRACTIC IN GENERAL. 722509 47195 109856 6500 873060 648724 14204 67081 7500 722509 570681 51441 32602 6000 648724 532375 39583 3723 5000 570681 480187 50212 5976 4000 532375 0.00000 0.63930 0.36070 0 0 1294500 1294500 22672693 17531012 5141681 10575940 8670138 1905802 570199 473837 96362 8438345 US GOVERNMENT LOANS REFUNDABLE 183246 183246 X 36516356 1785860 2222981 4008841 32507515 202081 1548118 1750199 34257714 32642361 2222981 2222981 30419380 202081 1548118 1750199 32169579 PART V, LINE 4: TO PROVIDE SCHOLARSHIPS TO CURRENT AND INCOMING STUDENTS. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY AS A RESULT OF THE APPLICATION OF THIS STANDARD. THE UNIVERSITY FILES AS A TAX-EXEMPT ORGANIZATION. THE UNIVERSITY'S TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 99,560. COST OF GOODS SOLD 2,123,421. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 1,548,118. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 99,560. COST OF GOODS SOLD 2,123,421. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 1,548,118. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WE HAVE NOT PUBLICIZED OUR POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. IT IS INCLUDED IN WRITTEN COMMUNICATION WITH THE PUBLIC DEALING WITH STUDENT'S ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FINANCIAL AID FUNDS AND STATE FINANCIAL AID FOR ITS STUDENTS. 1 STUDENT TUITION GRANTS 1037 1548118 0 N/A N/A PART I, LINE 2: THE UNIVERSITY HAS A SCHOLARSHIP COMMITTEE THAT SELECTS ALL SCHOLARSHIP RECIPIENTS. THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS BASED ON NEED. X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 DR BRIAN MCAULAY PRESIDENT 260778 0 0 0 44282 0 0 0 12836 0 317896 0 0 0 DR GERY HOCHANADEL PROVOST 299677 0 0 0 8400 0 18120 0 11430 0 337627 0 0 0 DAVID GARAFOLA VP BUSINESS AFFAIRS 208323 0 0 0 0 0 12779 0 11474 0 232576 0 0 0 DR KENNETH THOMAS VP EXTERNAL PROGRAMS 184413 0 0 0 7760 0 11124 0 10320 0 213617 0 0 0 AMANDA RAINEY VP DEVELOPMENT 135632 0 2227 0 0 0 7715 0 5357 0 150931 0 0 0 DR GENE GIGGLEMAN ACADEMIC DEAN 128509 0 0 0 16282 0 7866 0 11471 0 164128 0 0 0 DR RONALD RUPERT DEAN OF RESEARCH 96238 0 0 0 50806 0 5776 0 2861 0 155681 0 0 0 DR FABRIZIO MANCINI FORMER PRESIDENT 0 0 0 0 269102 0 0 0 0 0 269102 0 0 0 PART I, LINE 1A DR. BRIAN MCAULAY: HOUSING ALLOWANCE - INCLUDED IN TAXABLE INCOME. PART I, LINE 4A DR. FABRIZIO MANCINI - SEVERANCE PAYMENT - $212,412 RONALD RUPERT - SEVERANCE PAYMENT - $34,762 VALORY HEMPHIL - SEVERANCE PAYMENT - $9,350 FORM 990, PART VI, SECTION B, LINE 11 THE UNIVERSITY'S FORM 990 WILL BE SENT TO THE BOARD AT LEAST 30 DAYS BEFORE FILING. EACH MEMBER WILL BE INSTRUCTED TO REVIEW AND FORWARD ANY QUESTIONS OR CONCERNS TO UNIVERSITY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BYLAWS PROHIBIT THE TRUSTEES FROM PARTICIPATING IN DECISIONS WHEN THEY HAVE A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK APPLIES TO ALL EMPLOYEES AND PROHIBITS CONTRACTS BETWEEN THE UNIVERSITY AND ANY FIRM OR INDIVIDUAL IN WHICH AN EMPLOYEE HAS A MATERIAL FINANCIAL INTEREST. TO MONITOR THE PRESENCE OF ANY CONFLICTS, THE TRUSTEES, THE PRESIDENT, THE VICE PRESIDENTS, THE GENERAL COUNSEL, DEPARTMENT DIRECTORS, AND EMPLOYEES IN PURCHASING AND FINANCIAL AID MUST ANNUALLY COMPLETE A FORM TO DISCLOSE ANY CONFLICT OF INTEREST. EMPLOYMENT AGREEMENTS ALSO REQUIRE THAT SOME EMPLOYEES 1) DISCLOSE CONFLICTS OF INTEREST AND 2) REFRAIN FROM PARTICIPATING IN DECISIONS CONCERNING THAT SUBJECT. THE DISCLOSURE FORMS OF TRUSTEES ARE REVIEWED BY THE GENERAL COUNSEL. THE DISCLOSURE FORMS OF EMPLOYEES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES. IF ADDITIONAL ACTION IS NECESSARY TO EVALUATE THE CONFLICT OR TO PREVENT THAT TRUSTEE OR EMPLOYEE FROM PARTICIPATING IN DECISIONS INVOLVING THAT CONFLICT OF INTEREST, THE DIRECTOR OF HUMAN RESOURCES MAY SEEK ASSISTANCE FROM THE VICE PRESIDENT OF BUSINESS OR THE GENERAL COUNSEL. IF NECESSARY, THE VICE PRESIDENT OR GENERAL COUNSEL MAY SEEK ASSISTANCE FROM THE PRESIDENT OR THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE BOARD OF TRUSTEES. THE PRESIDENTIAL REVIEW COMMITTEE WORKS WITH AN INDEPENDENT CONSULTANT AND MAKES A RECOMMENDATION TO THE ENTIRE BOARD. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2012. COMPENSATION FOR EXECUTIVE MEMBERS OF THE UNIVERSITY HAS HISTORICALLY BEEN CONDUCTED AT THE SAME TIME THE PRESIDENT'S COMPENSATION IS REVIEWED. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 200,845. MANAGEMENT AND GENERAL EXPENSES 333,230. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 534,075.