2014-05-14T15:21:21-05:00 2013-06-30 420714325 MCGLADREY LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2012-07-01 200371529 MOUNT OLIVE COLLEGE FOUNDATION MOUN 9196582502 634 HENDERSON STREET MOUNT OLIVE NC 28365 JOHN BLACKWELL 9196582502 2014-05-14 TAMELA L GAINEY P00437957 3362724551 2012 2015-11-30 17:44:51Z WILLIAM BRYAN 634 HENDERSON STREET MOUNT OLIVE NC 28365 890573 0 X HTTP://WWW.UMO.EDU/SUPPORT-MOC X 2003 NC THE PURPOSE OF THIS NONPROFIT FOUNDATION IS TO SEEK ALTERNATIVE SOURCES OF SUPPORT TO STRENGTHEN THE UNIVERSITY OF MOUNT OLIVE'S OUTREACH TO STUDENTS AND THE COMMUNITY. 20 17 0 19 0 0 100 100 1482780 881000 7276 9473 0 0 1490156 890573 0 0 0 0 0 0 0 0 0 1112439 1109188 1112439 1109188 377717 -218615 13920414 13382480 14825987 14533335 -905573 -1150855 THE PURPOSE OF THIS NONPROFIT FOUNDATION IS TO SEEK ALTERNATIVE SOURCES OF SUPPORT TO STRENGTHEN THE UNIVERSITY OF MOUNT OLIVE'S OUTREACH TO STUDENTS AND THE COMMUNITY. 0 0 1109188 881000 TO FULFILL THE OBLIGATIONS OF THE FOUNDATION, PRIMARILY DEBT SERVICE. 1109188 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN KUNST 9196587825 634 HENDERSON STREET MOUNT OLIVE NC 28365 LISA ATKINSON 1.00 X 0 0 0 DR PHILIP P KERSTETTER 1.00 X 0 215927 32717 WENDY CRUMPLER 1.00 X 0 0 0 J ROBERT GRECZYN 1.00 X 0 0 0 C DARRELL HORNE 1.00 X 0 0 0 LUANNE JOHNSON 1.00 X 0 0 0 EJ POPE JR 1.00 X 0 0 0 TOWNSEND QUINN 1.00 X 0 0 0 W ROBERT BIZZELL 1.00 X X 0 0 0 JEFF ETHERIDGE 1.00 X 0 0 0 RAY MCDONALD JR 1.00 X 0 0 0 WILLIAM H BRYAN 1.00 X X 0 0 0 GEORGE R KORNEGAY JR 1.00 X X 0 0 0 RALPH BRITT JR 1.00 X 0 0 0 OLIVIA B HOLDING 1.00 X 0 0 0 KENNY WOODARD 1.00 X 0 0 0 WILLIAM J BYRD 1.00 X 0 0 0 SANDY THOMPSON 1.00 X 0 0 0 JOHN BLACKWELL 1.00 X X 0 54039 4384 DOUG WILKINS 1.00 X 0 0 0 0 269966 37101 0 0 1 0 0 100 100 RENTAL - PROGRAM REVEN 611710 881000 881000 881000 9473 9473 890573 881000 0 9473 1742 1742 645493 645493 457321 457321 3066 3066 MISCELLANEOUS 1566 1566 1109188 1109188 0 0 1048636 212472 2882 3015 15844530 3438829 12863022 12405701 205489 551774 5874 4029 13920414 13382480 112635 36556 14710300 14496779 3052 0 14825987 14533335 X -911573 -1156855 6000 6000 -905573 -1150855 13920414 13382480 -218615 -26667 0 X X 0 1 X 1 0 X X X 0 0 0 UNIVERSITY OF MOUNT OLIVE INC 560623936 2 1 1 1 0 1 0 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: PART I, LINE 11 - THE PURPOSE OF THE FOUNDATION IS TO SEEK ALTERNATIVE SOURCES OF SUPPORT TO STRENGTHEN THE UNIVERSITY OF MOUNT OLIVE'S OUTREACH TO STUDENTS AND THE COMMUNITY. 14460720 2448747 12011973 1383810 990082 393728 12405701 X 863906 -26667 -26667 890573 0 890573 1109188 0 1109188 0 1109188 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("FASB ASC"). WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR RETURNS FILED FOR FISCAL YEARS 2009 AND PRIOR. THE FINANCIALS ARE AUDITED ON A CONSOLIDATED BASIS WITH THE AFFILIATED COLLEGE, UNIVERSITY OF MOUNT OLIVE, INC. 0 0 0 0 0 0 0 0 0 DR PHILIP P KERSTETTER 0 215927 0 0 0 0 0 15000 0 17717 0 248644 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CONTROLLER, VP FINANCE, AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE FOUNDATION. THE FORM 990 IS LATER MADE AVAILABLE TO EACH MEMBER OF THE BOARD. THERE HAVE BEEN NO CHANGES TO THE REVIEW PROCESS SINCE THE PRECEEDING YEAR. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY UNDERGOES CONSTANT REVIEW, ANY CONFLICTS ARE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT PAY ANY COMPENSATION SINCE THE ONLY PAID POSITIONS ARE FULL TIME EMPLOYEES OF THE UNIVERSITY OF MOUNT OLIVE AND ACCORDINGLY PAID BY THE UNIVERSITY OF MOUNT OLIVE. THE UNIVERSITY OF MOUNT OLIVE HAS A PROCESS IN PLACE FOR DETERMINING SUCH COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION AND ARTICLES OF AMENDMENT ARE LOCATED ON THE NORTH CAROLINA SECRETARY OF STATE WEBSITE. FINANCIAL STATEMENTS FROM PRIOR YEARS ARE AVAILABLE IN THE ORGANIZATION'S LIBRARY. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE INTERNAL FRESCO WEBSITE UNDER INSTITUTIONAL POLICIES AND PROCEDURES COLLECTION. FORM 990, PART XIII, LINE 2C THE REVIEW AND OVERSIGHT PROCESS HAS NOT CHANGED SINCE THE PRECEEDING YEAR. UNIVERSITY OF MOUNT OLIVE INC 634 HENDERSON STREET MOUNT OLIVE NC 28365 560623936 STUDENT EDUCATION AND RELATED SERVICES NC 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0