2014-09-22T15:49:30-07:00 2014-05-31 990 2013-06-01 850164940 UNIVERSITY OF THE SOUTHWEST UNIV 5753926561 6610 N Lovington Hwy Hobbs NM 882409120 Gary Dill President 5753926561 2014-09-22 2013 2015-11-30 17:44:51Z Gary Dill 6610 N Lovington Hwy Hobbs NM 88240 12106123 0 X www.usw.edu X 1958 NM University of the Southwest is a Christ-centered educational community dedicated to developing men and women for a lifetime of servant leadership by emphasizing faith, responsibility, and initiative. 24 22 184 80 0 0 1406366 956759 9172509 10792356 28011 275279 16582 3377 10623468 12027771 1633312 1643014 0 0 4450484 5137175 0 0 167423 5855599 5541006 11939395 12321195 -1315927 -293424 20557741 20998512 5060007 5706740 15497734 15291772 University of the Southwest is a Christ-centered educational community dedicated to developing men and women for a lifetime of servant leadership by emphasizing individual faith, responsibility and initiative. 0 0 4451644 1559530 3982508 Undergraduate educational programs serving 318 students 6469683 8679 5787876 Graduate educational programs serving 605 students 425676 74805 952781 Residence halls and student meal programs serving 172 students 77341 0 69191 Miscellaneous Education Related Program Service Revenue 77341 0 69191 11424344 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 19 0 1 184 1 0 0 0 0 1 1 1 1 0 0 0 0 X 24 22 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Ron McBee CFO 5753926561 6610 N Lovington Hwy Hobbs NM 882409120 Gary Fonay Board Member 2 0 X 0 0 0 Cliff Brunson Board Member 2 0 X 0 0 0 Samuel Spencer Jr Board Member 2 1 X 0 0 0 Nancy Shaw Board Member 1 0 X 0 0 0 David Pyeatt Board Member 1 0 X 0 0 0 Heather Evans Board Member 1 0 X 0 0 0 Debra Hicks Board Member 1 0 X 0 0 0 Cindy Bryan Board Member 2 0 X 0 0 0 Brad Caress Board Member 2 0 X 0 0 0 Laura Castillo Board Member 1 0 X 0 0 0 Christopher Driskill Board Member 2 0 X 0 0 0 Gary Sims Board Member 2 0 X 0 0 0 Michael Whitehead Board Member 1 0 X 0 0 0 Shannon Duncan Board Member 1 0 X 0 0 0 Gary Eidson Board Member 1 0 X 0 0 0 Larry Scott Board Member 1 1 X 0 0 0 Gregory OD Smith Board Member 1 0 X 0 0 0 Judy Britton Board Member 1 0 X 0 0 0 Ken Bromley Board Member 1 0 X 0 0 0 Suzie Brown Board Member 1 0 X 0 0 0 Will Hawkins Board Member 1 0 X 0 0 0 George Klein Board Member 1 0 X 0 0 0 Finn Smith Board Member 2 1 X 0 0 0 Garry Buie Board Member 1 0 X 0 0 0 Calvin Hill Board Member 1 0 X 0 0 0 Gary Dill President 40 1 X 159232 0 24512 James Smith Provost 40 0 X 112243 0 4988 Dee Mooney Vice President/Chief Financial Officer 40 1 X 153611 0 23227 David Arnold Campus Steward 40 0 X 114274 0 13436 Mike Galvan Dean of Athletics 40 0 X 45333 0 1869 Rebecca Whitley Dean of Enrollment Services and Registrar 40 0 X 44314 0 14846 William Weidner Dean of Students and Director of Athletics 40 0 X 9862 0 661 Michele Goar Senior Director of Admission & Recruitment 40 0 X 22997 0 4235 Ryan Tipton Vice President of Technology & Online Learning 40 0 X 103017 0 0 Marianne Westbrook Dean/Professor 40 0 X 106252 0 10981 Mike Westbrook Associate Professor 40 0 X 109052 0 12697 980187 0 111452 2 0 1 0 0 0 40600 147794 117465 650900 0 956759 Undergraduate Tuition and Fees 611310 3982508 3982508 0 0 Graduate Tuition and Fees 611310 5787876 5787876 0 0 Residence Halls and Meal Plans 721310 952781 952781 0 0 69191 69191 0 0 10792356 18869 18869 0 0 0 0 0 0 28057 28057 0 0 0 0 44783 257649 22937 23085 21846 234564 256410 256410 0 0 7650 40600 32330 -24680 0 -24680 0 12027771 11095692 0 -24680 X 0 0 1643014 1643014 0 0 0 0 890047 525006 310333 54708 0 0 0 0 3432789 3217223 157713 57853 17024 15934 787 303 461800 403269 45955 12576 335515 292642 34473 8400 0 0 0 0 17948 0 17948 0 36637 0 36637 0 0 0 0 0 0 0 0 0 0 0 2045531 2033101 9675 2755 101265 98633 0 2632 85999 47474 30661 7864 335652 335652 0 0 0 0 0 0 637897 637897 0 0 272975 253910 13175 5890 0 0 0 0 23992 21164 2217 611 0 0 0 0 0 0 0 0 526425 526425 0 0 70729 70729 0 0 Curriculum Fees 570294 570294 0 0 Food Service 352841 352841 0 0 Program & Testing Supplies 166087 158512 321 7254 296734 220624 69533 6577 12321195 11424344 729428 167423 24625 10625 1090467 1884576 22087 58651 53873 85527 0 0 0 0 0 0 0 0 61147 65589 25783544 7841481 18458588 17942063 846954 951481 20557741 20998512 377924 329038 177062 701101 4494356 4667936 10665 8665 5060007 5706740 X 1949354 2049114 12858179 12552457 690201 690201 15497734 15291772 20557741 20998512 -293424 87462 0 0 0 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 1 0 0 0 Schedule C, Part II-B, Line 1 The University pays membership dues to several state, regional, and national professional organizations (NAICU, NAIA, NACUBO, NASFA, CIC, NMIC, CCCU, etc.) consisting of numerous colleges and universities. Some of the professional organizations incude varying degrees of lobbying activities in their overall focus. 5473209 106850 1035466 51171 123469 28 6440857 4556147 117925 957160 44886 113137 0 5473209 4519616 19575 175651 25214 133444 37 4556147 3857080 8500 765333 0 111069 228 4519616 3286138 109161 575168 0 113202 185 3857080 0.71 0.29 0 1 1 1 0 101770 101770 0 22579892 5736188 16843704 0 0 0 0 0 1769105 864571 904534 0 1332777 1240722 92055 17942063 0 Funds held for student organizations 8665 8665 10504549 87462 0 0 32330 119792 10384757 0 1643014 1643014 12027771 10710511 0 0 0 32330 32330 10678181 0 1643014 1643014 12321195 Schedule D, Part V, Line 4 The University uses the earnings from the endowed funds to award scholarships to students or fund the operations of the University in accordance with the intent of the donor. Schedule D, Part XI, Line 2d Direct expenses of fundraising event Schedule D, Part XI, Line 4b Tuition Discount Schedule D, Part XII, Line 2d Direct expenses of fundraising event Schedule D, Part XII, Line 4b Tuition discount 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 University catalog, which includes the racially nondiscriminatory policy, is posted on the University website. The policy has also been published in the local newspaper. Media efforts encourage inquiries from all interested parties. Recruiting efforts target all racial populations. University of the Southwest has been classified as a Hispanic-serving institution by the US Department of Education. Schedule E, Part I, Line 6 Students attending University of the Southwest are eligible to receive Federal Title IV financial assistance administered through the University. New Mexico residents attending the University are eligible to receive financial assistance from the State of News Mexico administered through the University. Free Enterprise Dinner 48250 40600 7650 0 0 0 6921 15000 10409 0 0 48250 40600 7650 0 0 0 6921 15000 10409 32330 -24680 1 Tuition grants and scholarships 343 161421 1481593 Actual award amount Unfunded tuition discounts Schedule I, Part I, Line 2 Financial assistance programs at the University are funded through a variety of sources. It is intended that the various financial assistance programs be used to recognize academic, athletic, servant leadership, and special achievement; meet financial needs; or provide self-help opportunities through student work-study programs and parent/student loans. While it is not possible to guarantee that funding will be available for every needy applicant, the financial assistance programs at the University are designed to help cover the difference between the direct cost of attending the University and the student's own resources. Each application is reviewed based upon an individual assessment in order to determine the type of resources that will best serve the student. X X X X 0 0 0 0 0 0 0 0 0 Gary Dill President 138817 0 0 0 20415 0 6393 0 18119 0 183744 0 0 0 Dee Mooney Vice President/Chief Financial Officer 108549 0 0 0 45062 0 4999 0 18228 0 176838 0 0 0 J F Maddox Foundation Donor Construction X 7000000 7000000 0 1 1 7000000 Lea County State Bank A member of the Board of Trustees is an officer at the bank at which the University has accounts 1862683 Total deposits as of May 31, 2014 0 Daniels Insurance A member of the Board of Trustees is the insurance agent for the University 154591 Insurance premiums paid 0 Form 990, Part VI, Section A, Line 2 Two members of the Board of Trustees are partners in a business venture. Form 990, Part VI, Section A, Line 7b The decision of the Board of Trustees regarding the distribution of assets in the event of dissolution of the organization must be approved by the J. F Maddox Foundation. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Audit and Finance Committee of the Board of Trustees and an electronic copy of the completed Form 990 is made available to all members of the Board of Trustees prior to filing the return. Discussion regarding the Form 990 is included on the agenda for the annual meeting of the Board of Trustees prior to filing the return. Form 990, Part VI, Section B, Line 12c Consistent with the institution's established "conflict of interest" policy, all trustees, directors, and officers self-disclose conflicts annually. In addition, as specified in the policy, trustees, directors, and officers recuse themselves are/or recused from decisions relating to areas of possible or perceived conflicts. Form 990, Part VI, Section B, Line 15 Comparable data is consulted in establishing salary ranges. In no circumstance is any officer or key employee compensated at a rate exceeding peer institutions. Form 990, Part VI, Section C, Line 19 All governing documents, conflict of interest policy, and financial statements are available upon request from the Office of the University President. Form 990, Part IX, Line 11g The University has engaged an organization to assist in marketing and the identification of prospective students at a cost of $927,711 for the current year. The University also engaged another organization to provide supplemental recruiting and enrollment services on a monthly fee basis at a total cost of $980,400 for the current year. University of the Southwest Foundation 6610 N Lovington Hwy Hobbs NM 88240 237424724 Support the mission and operations of University of the Southwest NM 501(c)(3) Type III-Other N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 University of the Southwest Foundation c 147794 Annual distribution from earnings of endowments based upon an established spending policy as approved and enacted by the Board of Directors of the University of the Southwest Foundation. The current spending policy is 4% of a four-year average market value. University of the Southwest Foundation e 0 The University of the Southwest Foundation extended a short-term operating line of credit to the University to provide operating cash, if needed, prior to the receipt of tuition revenue at the start of the semester. The University did not utilize the line of credit.