2014-05-12T14:43:19-05:00 2013-06-30 640903390 GRANTHAM POOLE CPAS 1062 HIGHLAND COLONY PARKWAY SUITE 201 RIDGELAND MS 39157 990 2012-07-01 640303069 BELHAVEN UNIVERSITY BELH 6019688705 1500 PEACHTREE STREET JACKSON MS 39202 VIRGINIA HENDERSON 6019688778 2014-04-25 1 ALAN ARRINGTON CPA P00019423 6014992400 2014-04-24 2012 2015-11-30 17:44:51Z VIRGINIA HENDERSON 1500 PEACHTREE STREET JACKSON MS 39202 56377597 0 X WWW.BELHAVEN.EDU X 1883 MS TO PROVIDE HIGHER EDUCATION 34 33 1116 0 0 0 1876519 4197037 44660320 45448613 1364961 190624 605803 642315 48507603 50478589 10290001 11641442 0 0 19356156 20548408 0 48538 466449 17141320 17257165 46787477 49495553 1720126 983036 47350855 52964629 17699478 21793923 29651377 31170706 BELHAVEN UNIVERSITY PREPARES STUDENTS ACADEMICALLY AND SPIRITUALLY TO SERVE JESUS CHRIST IN THEIR CAREERS, IN HUMAN RELATIONSHIPS, AND IN THE WORLD OF IDEAS. 0 0 44179989 11641442 42195624 EDUCATIONAL AND PROGRAM EXPENDITURES, ACADEMIC AFFAIRS, STUDENT AFFAIRS, SCHOLARSHIPS AND FINANCIAL AID 1730848 4085928 AUXILIARY EXPENSES-DORMITORIES, CAFETERIA, VENDING MACHINES, BOOKSTORE AND POST OFFICE. 45910837 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 1 0 1 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 75 0 1 1116 1 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X VIRGINIA HENDERSON 6019688778 1500 PEACHTREE STREET JACKSON MS 39202 JAY KYLE 0.50 X 0 0 0 JAMES M BATEMAN 0.50 X 0 0 0 CHARLES CANNADA 0.50 X 0 0 0 BROCK HATTOX 0.50 X 0 0 0 F BOND CHRISTIE 0.50 X 0 0 0 FORREST BERRY 0.50 X 0 0 0 CHARLES DOTY 0.50 X 0 0 0 STEPHEN M EDWARDS 0.50 X 0 0 0 F EARL FYKE III 0.50 X 0 0 0 JIMMY HOOD 0.50 X 0 0 0 WAYNE HUSBAND 0.50 X 0 0 0 JOEL BOMGAR 0.50 X 0 0 0 STUART KELLOGG 0.50 X 0 0 0 VERNE KENNEDY 0.50 X 0 0 0 DAVID RICH 0.50 X 0 0 0 LIZA C LOOSER 0.50 X 0 0 0 VIRGINIA W MORRIS 0.50 X 0 0 0 MORAN RANDY POPE 0.50 X 0 0 0 HUGH POTTS JR 0.50 X 0 0 0 JERRY YOUNG 0.50 X 0 0 0 JOSEPH JOEY STROBLE 0.50 X 0 0 0 GAINES P STURDIVANT 0.50 X 0 0 0 ALAN H WALTERS 0.50 X 0 0 0 DOLPHUS WEARY 0.50 X 0 0 0 CALVIN WELLS 0.50 X 0 0 0 NEWTON WILSON JR 0.50 X 0 0 0 RICHARD WILSON JR 0.50 X 0 0 0 MARK WINDHAM 0.50 X 0 0 0 WIRT YERGER III 0.50 X 0 0 0 LEISHA PICKERING 0.50 X 0 0 0 SEAN MICHAEL LUCAS 0.50 X 0 0 0 RICK WHITLOCK 0.50 X 0 0 0 DOUG HEDERMAN 0.50 X 0 0 0 ROGER PARROTT 40.00 X 336726 0 131025 DANIEL C FREDERICKS 40.00 X 170431 0 16431 KEVIN RUSSELL 40.00 X 138000 0 16013 VIRGINIA HENDERSON 40.00 X 111060 0 11100 SCOTT LITTLE 40.00 X 110000 0 3300 AUDREY KELLEHER 40.00 X 110000 0 11000 976217 0 188869 6 0 1 0 MMI DINING SYSTEMS 1000 RED FERN PLACE FLOWOOD MS 39232 PROVIDE FOOD SERVICES TO THE UNIVERSITY 1322984 1 4197037 4197037 TUITION AND FEES 611310 42049519 42049519 AUXILIARY SERVICES 611710 3399094 3399094 45448613 109769 109769 5520527 5439672 80855 80855 80855 686834 459336 227498 227498 FACILITIES RENTAL 532000 353234 353234 MISC. REVENUE-RELATED-990 900099 61583 61583 414817 50478589 46281552 0 0 11641442 11641442 1055217 220000 697217 138000 16267304 15677792 462451 127061 667880 612948 44712 10220 1342972 1232516 89906 20550 1215035 1115102 81341 18592 65340 65340 48538 48538 47634 27227 20407 983150 983150 2378893 2378893 10615 10615 295959 295959 1872058 1872058 406194 312820 82928 10446 468701 468701 2112573 2112573 423316 423316 MISC CONTRACT SERVICES 2968658 2182305 786307 46 UNIVERSITY DEPT EXPENSE 1911500 1911500 BOOK PURCHASES 824056 824056 TELEPHONE EXPENSES 499603 499603 1988915 1604189 312137 72589 49495553 45910837 3118267 466449 534694 3455235 1300676 107601 2725673 2731688 2935097 1883862 181917 163917 2194309 2194309 297751 307410 156742 116818 68050494 30838834 32492636 37211660 4462000 4722786 69360 69343 47350855 52964629 1707559 2291111 15000000 16728344 17296 2626057 974623 148411 17699478 21793923 X 21822296 21147823 3820441 6128799 4008640 3894084 29651377 31170706 47350855 52964629 X 983036 310809 225484 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152000 X X DISPLAYED IN UNIV LIBRARY 0 4113731 54550 282894 -234550 -27227 4189398 4090220 34875 46942 -34875 -23431 4113731 3622583 49920 490677 -51463 -21497 4090220 3300397 119243 374737 -152250 -19544 3622583 3916109 98665 -597974 -102243 -14160 3300397 0.87000 0.13000 0 1 1 204791 204791 45853748 17801972 28051776 13313522 10361315 2952207 8678433 2675547 6002886 37211660 EQUITY SECURITIES 4576426 F REAL ESTATE 54007 C OTHER 92353 F 4722786 REFUNDABLE SECURITY DEPOSITS 79604 DEPOSITS HELD IN CUSTODY 14398 OBLIGATION UNDER INTEREST RATE SWAP 54409 148411 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALITIES AND INTEREST TO ACCRUE FOR THE YEAR ENDED JUNE 30, 2013, AND ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY FILES IRS FORM 990 ANNUALLY WITH THE FEDERAL GOVERNMENT AND IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEAR 2009 AND LATER. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS STATED IN ALL BROCHURES, CATALOGS, ETC. THAT ARE DISTRIBUTED TO STUDENTS, PROSPECTIVE STUDENTS AND OTHERS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 BELHAVEN COLLEGE RECEIVED FINANCIAL AID FROM THE U S DEPARTMENT OF EDUCATION. EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2013 WERE $39,948,723 X 1 RUFFALOCODY 65 KIRKWOOD NORTH RD SW CEDAR RAPIDS IA 524063018 TELEMARKETING SERVICES AGREEMENT 0 36803 48538 36803 36803 48538 36803 1 SCHOLARSHIPS AND STUDENT WAGES 1871 11641442 SCHEDULE I, PART I, LINE 2: THE UNIVERSITY MAINTAINS STUDENT FINANCIAL AID RECORDS AND FOLLOWS APPROPRIATE SELECTION CRITERIA FOR ALL GRANTS AND ASSISTANCE AWARDED TO STUDENTS. THE UNIVERSITY HAS AN ANNUAL COMPLIANCE AUDIT CONDUCTED IN ACCORDANCE WITH OMB CIRCULAR A-133 EACH YEAR. FOR THE YEAR ENDED 6/30/13, THE AUDIT REPORTED THAT THE UNIVERSITY COMPLIED, IN ALL MATERIAL RESPECTS, WITH THE COMPLIANCE REQUIREMENTS OF ITS MAJOR FEDERAL PROGRAMS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROGER PARROTT 336726 0 0 0 0 0 42500 0 88525 0 467751 0 0 0 DANIEL C FREDERICKS 170431 0 0 0 0 0 12580 0 3851 0 186862 0 0 0 KEVIN RUSSELL 138000 0 0 0 0 0 12420 0 3593 0 154013 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE ORGANIZATION HAS A HOUSING ALLOWANCE AS AN ORDAINED MINISTER. A MISSISSIPPI BUSINESS FINANCE CORPORATION 640679132 NONEAVAIL 2008-08-12 16750000 REFUNDING OF 2001 AND 2004 BOND ISSUES, CAMPUS IMPROVEMENTS, PAY OTHER DEBT 0 0 0 B MISSISSIPPI BUSINESS FINANCE CORPORATION 640679132 NONEAVAIL 2012-06-01 23000000 REFUNDING OF 2008 BOND AND FUNDING OF CAMPUS IMPROVEMENTS 0 0 0 A 13401549 2010 1 0 0 1 B 15000000 294775 14705225 2013 1 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 DR ROGER PARROT OFFICER HOUSING LOAN X 245000 143000 0 1 1 VIRGINIA HENDERSON OFFICER HOUSING LOAN X 23000 8917 0 1 1 DANIEL FREDERICKS OFFICER HOUSING LOAN X 60000 12000 0 1 1 163917 GAINES P STURDIVANT MEMBER OF BOAR PRESIDENT OF MISS MANAGEMENT INC./MMI DINING SYSTEMS, LLC-SERVICES TO UNIV 1322984 MMI DINING SYSTEMS, LLC PROVIDES FOOD SERVICES TO THE UNIVERSITY 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS SENT VIA EMAIL TO EACH MEMBER OF THE EXECUTIVE COMMITTEE, WHICH IS DELEGATED BY THE BOARD TO REVIEW AND APPROVE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY REQUIRING ALL TRUSTEES AND OFFICERS TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE. THE QUESTIONNAIRE IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE PRESIDENT REVIEWS AND APPROVES COMPENSATION OF TOP MANAGEMENT AND OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENT -25,863. GAIN ON INTEREST RATE SWAP 251,347. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR BELHAVEN COLLEGE FOUNDATION 1500 PEACHTREE ST JACKSON MS 39202 640887036 TO PROVIDE FINANCIAL ASSISTANCE TO BELHAVEN UNIVERSITY MS 501(C)(3) LINE 5 BELHAVEN UNIVERSITY 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DUE FROM BELHAVEN COLLEGE FOUNDATION D 2194309 COST