2014-05-14T08:55:48-07:00 2013-06-30 990 2012-07-01 580566133 BERRY COLLEGE INC BERR 7062362239 PO Box 490129 Mount Berry GA 301490129 Brian Erb 7062362265 2014-05-14 2012 2015-11-30 17:44:51Z Stephen R Briggs Berry College Inc P O Box 490129 Mount Berry GA 301490129 157480753 0 X www.berry.edu X 1903 GA Berry College is a private liberal arts college placing emphasis on the importance of a comprehensive and balanced education that unites a challenging academic program with opportunities for meaningful work experience, spiritual and moral growth, and significant service to others. 25 25 2978 0 0 0 17256371 9839422 71585324 78378771 29046700 35207623 526222 587144 118414617 124012960 25986070 29194461 0 0 42214666 44887593 0 0 3156810 36604378 38174468 104805114 112256522 13609503 11756438 995851450 1032376432 178671298 165981507 817180152 866394925 Berry College is a private liberal arts college placing emphasis on the importance of a comprehensive and balanced education that unites a challenging academic program with opportunities for meaningful work experience, spiritual and moral growth, and significant service to others. 0 0 26998273 0 56310186 Higher Education: Instruction - Berry College provides an education in the liberal arts and professional fields which incorporates intellectual engagement, service to others, and meaningful real life work experiences to enable students to live responsible, productive and creative lives in a constantly changing world. (2,101 students) 12966473 0 18800108 Higher Education: Auxiliary Enterprises (including Food Services, Residence Halls, and Bookstore) provide a quality residential living-learning environment which is safe, well maintained and comfortable for students. (2,101 students) 26227293 0 2316675 Higher Education: Academic Support, Student Services, and Institutional Support - The college furthers our students' intellectual, moral and spiritual growth; offers lessons that are gained from worthwhile work done well; and challenges them to devote their learning to community and civic betterment. Our mission guides Berry's faculty, staff, trustees and students toward a challenging and balanced educational program. The ultimate aim of Berry College is service to humanity through inspiration and preparation best expressed in Berry's motto, "Not to be ministered unto, but to minister". (2,101 students) 29194461 0 0 Higher Education: Scholarships and Student Aid allow Berry to meet its goal of making an excellent private liberal-arts education accessible to talented students from a wide range of social and economic backgrounds. (2,101 students) 0 0 951802 Higher Education: Other program service revenue. 29194461 0 951802 95386500 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 2956 0 1 2978 1 0 0 0 0 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Brian I Erb Office of Business and Finance 7062362239 2277 Martha Berry Highway Mount Berry GA 301490129 X Karen Holley Horrell 0 0 X 0 0 0 Cecil B Wright III 0 0 X 0 0 0 Cathleen O'Connell Anderson 0 0 X 0 0 0 D Randolph Berry 0 0 X 0 0 0 Sheryle J Bolton 0 0 X 0 0 0 Steven J Cage 0 0 X 0 0 0 Peter J Capponi 0 0 X 0 0 0 Dan T Cathy 0 0 X 0 0 0 G Bert Clark Jr 0 0 X 0 0 0 W Glenn Cornell 0 0 X 0 0 0 A D Frazier 0 0 X 0 0 0 Richard W Gilbert 0 0 X 0 0 0 Terry A Graham 0 0 X 0 0 0 Vincent L Griffith 0 0 X 0 0 0 J Barry Griswell 0 0 X 0 0 0 Anne Hydrick Kaiser 0 0 X 0 0 0 Roger W Lusby III 0 0 X 0 0 0 Peter M Musser 0 0 X 0 0 0 Sunny K Park 0 0 X 0 0 0 L P Roberts 0 0 X 0 0 0 Lisa Fanto Swain 0 0 X 0 0 0 Roger C Tutterow 0 0 X 0 0 0 Martha Berry Walstad 0 0 X 0 0 0 Haron W Wise 0 0 X 0 0 0 John Eadie 0 0 X 0 0 0 Stephen R Briggs 40 0 X 434318 0 127699 Brian I Erb 40 0 X 272861 0 96501 Alexander W Whitaker IV 40 0 X 87926 0 19933 Bettyann M O'Neill 40 0 X 273998 0 81956 Katherine M Whatley 40 0 X 167771 0 33516 John R Grout 40 0 X 161566 0 36166 Debbie E Heida 40 0 X 155636 0 26075 Nancy Miller 40 0 X 138050 0 32600 Gary A Waters 40 0 X 148149 0 34270 1840275 0 488716 27 1 1 0 ARAMARK Inc P O Box 490026 Mount Berry GA 30149 Food Service 6897330 Carter 171 17th Street Suite 1200 Atlanta GA 30363 Project Manager 486347 ARAMARK Service Master Management 24818 Network Pl Chicago IL 60673 Housekeeping 209861 BDO USA LLP P O Box 642743 Pittsburgh PA 15264 Accounting Firm 205499 Comcast Communications P O Box 530098 Atlanta GA 30353 Cable Service 189405 9 0 0 0 0 533544 9305878 1451415 9839422 Tuition and Fees 611310 56310186 56310186 0 0 Sales and Service Auxiliary 611310 18800108 18800108 0 0 Sales and Service Educational 611310 2316675 2316675 0 0 951802 951802 0 0 78378771 29062331 0 0 29062331 0 0 0 0 50000 0 0 50000 197472 0 0 0 197472 0 197472 0 0 197472 38669454 943631 33115990 351803 5553464 591828 6145292 0 0 6145292 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Vending Machines 611310 9089 0 0 9089 Other Investment Income 611310 197010 0 0 197010 133573 0 0 133573 339672 124012960 78378771 0 35794767 0 0 29194461 29194461 0 0 0 0 957338 0 756297 201041 0 0 0 0 33952627 27589851 5026593 1336183 2311926 1787357 414410 110159 5558444 4192753 1078896 286795 2107258 1591174 407706 108378 0 0 0 0 137700 0 137700 0 214383 0 214383 0 0 0 0 0 0 0 0 0 0 0 8979132 8274714 556490 147928 212897 17794 154131 40972 5559539 4209699 1066374 283466 1050265 706453 271611 72201 0 0 0 0 3660948 2311756 1261028 88164 2619319 2072462 432017 114840 0 0 0 0 0 0 0 0 5145911 5131502 14409 0 0 0 0 0 6058365 5228368 655698 174299 688314 0 688314 0 3847695 3078156 577155 192384 112256522 95386500 13713212 3156810 873470 836382 2541119 2257624 13642304 10418680 877528 1288224 0 0 0 0 4297590 4241039 1092429 946689 167411 436072 261760760 77646420 184963156 184114340 687888650 722403000 99507793 105434382 0 0 0 0 0 0 995851450 1032376432 33520770 24079072 0 0 0 0 111635000 109490000 0 0 0 0 0 0 9920 830237 33505608 31582198 178671298 165981507 X 63872199 76804295 89363073 104380561 663944880 685210069 817180152 866394925 995851450 1032376432 X 11756438 37527924 0 0 0 -69589 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 188951000 9717000 26373000 3601000 9909000 0 211531000 191085000 11637000 -1082000 3103000 9586000 0 188951000 162523000 3523000 35927000 2750000 8138000 0 191085000 148132000 4463000 20787000 2696000 8163000 0 162523000 190820000 3020000 -33184000 2629000 9895000 0 148132000 0.11 0.47 0.42 0 0 2737270 10375097 13112367 0 224880392 61770955 163109437 0 0 0 0 0 9814134 8003544 1810590 0 13953867 7871921 6081946 184114340 F 54975 F Hedge Funds 54305775 F Private Equity 10067408 F Real Assets 19332215 F Timber 20742200 F LLC 685067 F ETrade Student Investment Group 187115 F Life Insurance Policies 43802 F Jewelry 13467 F Income Rights 2358 F 105434382 0 Annuities Payable 3789212 Deposits and Deferred Credits 2064313 Accrued Post Retirement Benefits 23991785 Advances from Federal Government 1736888 31582198 X 85142571 0 0 0 0 0 85142571 0 38870389 38870389 124012960 83062061 0 0 0 0 0 83062061 0 29194461 29194461 112256522 SchD_P05_S00_L04 Schedule D, Part V, Line 4 To support scholarships, instruction and other operational support (including academic support, student services and maintenance). SchD_P10_S00_L02 Schedule D, Part X, Line 2 The College analyzed its tax positions for the year ended June 30, 2013 and determined that there were no uncertain tax positions that would have a material impact on the College's financial statements. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Student Financial Aid ($29,194,461); permanent gifts and grants ($3,530,636); realized gain on investments ($6,145,292). SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Student Financial Aid ($29,194,461). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Advertisements in local newspapers announcing registration dates and programs offered include a summary statement on non-discrimination policy. Also, the policy appears on all publications and materials used for student recruitment. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Government aid included funds received from the U.S. Department of Education, the National Oceanic and Atmospheric Administration, the U.S. Fish and Wildlife Service, and the National Highway Traffic Safety Administration. Central America and the Caribbean 0 0 Program Services Education-Study Abroad 107478 East Asia and the Pacific 0 0 Program Services Education-Study Abroad 63805 Europe (including Iceland and Greenland) 0 0 Program Services Education-Study Abroad 469495 South America 0 0 Program Services Education-Study Abroad 3964 Russia and the newly independent States 0 0 Program Services Education-Study Abroad 1270 Sub-Saharan Africa 0 0 Program Services Education-Study Abroad 82495 0 0 728507 0 0 0 0 0 0 1 Tuition Waivers 100 1206205 0 Institutional Grants 1994 27988256 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Students receiving scholarships are judged worthy by the institution's assessment on the basis of academic achievement, financial need and other similar standards. Scholarships are awarded on a non-discriminatory basis. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Stephen R Briggs 350899 0 82387 0 1032 0 96225 0 36910 0 567453 0 71225 0 Brian I Erb 217018 0 55483 0 360 0 70803 0 39726 0 383390 0 47483 0 Bettyann M O'Neill 217483 0 55483 0 1032 0 68983 0 25252 0 368233 0 47483 0 Katherine M Whatley 166739 0 0 0 1032 0 16800 0 17229 0 201800 0 0 0 John R Grout 159033 0 2000 0 533 0 16155 0 20523 0 198244 0 0 0 Debbie E Heida 148769 0 6000 0 867 0 14500 0 21853 0 191989 0 0 0 Nancy Miller 137371 0 0 0 679 0 14222 0 18768 0 171040 0 0 0 Gary A Waters 141795 0 5000 0 1354 0 14700 0 29854 0 192703 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a On campus housing is provided by the institution for certain officer(s) and vice president(s) that are required to live on campus. Social club dues and expenses are provided under an accountable plan for certain positions. SchJ_P02_S00_L00 Schedule J, Part II Deferred compensation includes items such as Berry's contribution to the employee retirement plan. Nontaxable benefits represent Berry's payment of welfare benefits (i.e. medical, dental, life insurance), housing and memberships. Also included in nontaxable benefits is the employees' contribution to flexible spending accounts. A Development Authority of Floyd County 237182908 343573BQ3 2009-12-02 116010000 Construction and Renovation of Various Facilities 0 0 0 A 0 0 116010000 0 0 0 0 0 0 0 0 0 2009 1 0 1 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 0 1 SunTrust Bank 28.5 0 0 0 0 0 A 0 Laura Briggs Niece of President Briggs 12090 Scholarships Financial Aid X 4999 FMV X 6 192537 FMV X 1 3100 FMV X 88 1167938 FMV X Various Equipment 6 38393 FMV X Animals 3 12998 FMV X Materials and Supplies 29 31450 FMV 0 0 1 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Trustees D. Randolph Berry and Martha Berry Walstad are cousins. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The return and schedules are prepared by college staff and reviewed by management. Additionally the College engages BDO USA, LLP to review the return. Prior to filing, the draft is distributed to all voting members of the Board of Trustees who then review and issue comments or note corrections. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Human Resources Director and the Director of Financial Planning review employee statements (including officers and key employees); the President and VP for Finance review Trustee statements. All potential conflicts related to Trustees are evaluated by the Chair of the Audit Committee or their designee. If a conflict is deemed to exist, the individual is required to recuse himself/herself from the decision-making process. All conflicts are then communicated to the VP for Finance for referral to return preparers. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees, using salaries for comparable positions at similar institutions and summary data from the CUPA survey, evaluates and approves the compensation for officers and key employees (if any). The College maintains documentation of the committee's approval. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Information is available upon request. F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a The Trustees contribute their time and service upon request and on an as-needed basis, which, throughout the year, may differ from the average number of hours per week. F990_P11_S00_L09 Form 990, Part XI, Line 9 Change in value of interest rate swap agreements ($9,802,845); current year utilization of prior year cumulative gains ($-11,846,850); decrease in post retirement benefit obligation ($1,974,416). Lavender Mountain Property & Development LLC Berry College 2277 Martha Berry Highway Mount Berry GA 30149 580566133 Real Estate Transaction GA -65426 685067 N/A Berry Student Enterprises LLC Berry College 2277 Martha Berry Highway Mount Berry GA 30149 580566133 Student Operated Campus Enterprises GA -116653 0 N/A The institution requested and IRS approved an extension until May 15, 2014.