2014-05-08T12:39:53-05:00 2013-06-30 363990892 CAPIN CROUSE LLP 972 EMERSON PARKWAY STE A GREENWOOD IN 46143 990 2012-07-01 570352247 COLUMBIA INTERNATIONAL UNIVERSITY COLU 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29203 KEITH STOKELD 8078035011 2014-05-08 1 DAVE MOJA P00747006 3178852620 2012 2015-11-30 17:44:51Z KEITH STOKELD 7435 MONTICELLO ROAD COLUMBIA SC 29203 50593646 0 X WWW.CIU.EDU X 1927 SC CIU EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST. 19 19 823 744 -7004 -7004 9077479 19192808 27991606 28362200 968703 753639 760323 502793 38798111 48811440 4356243 4326941 0 0 19329380 20817340 0 0 687328 13329763 13066043 37015386 38210324 1782725 10601116 62591714 76278623 18195975 19377518 44395739 56901105 X COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. 0 0 12464712 4326941 17029364 COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. IN THE 2012-2013 SCHOOL YEAR THE UNIVERSITY SERVED 673 UNDERGRADUATE STUDENTS, 214 STUDENTS IN OUR GRADUATE SCHOOL, AND 750 SEMINARY STUDENTS. THE TOTAL NUMBER OF STUDENTS WHO GRADUATED IN 2012-2013 WAS 325, WHICH INCLUDES 133 UNDERGRADUATE STUDENTS, 80 GRADUATE STUDENTS, AND 112 SEMINARY STUDENTS. 9829032 9895678 BEN LIPPEN SCHOOL SEEKS TO GLORIFY GOD BY ASSISTING FAMILIES AND CHURCHES IN EQUIPPING STUDENTS SPIRITUALLY, ACADEMICALLY, AND SOCIALLY UNDER THE LORDSHIP OF JESUS CHRIST. DURING THE 2012-2013 ACADEMIC YEAR, BEN LIPPEN SERVED 758 STUDENTS IN GRADES K-12, OF WHICH 82 WERE MEMBERS OF THE CLASS OF 2013. THESE STUDENTS, WHICH REPRESENT 509 FAMILIES, WERE SERVED BY 116 FULL- AND PART-TIME FACULTY AND STAFF. (THE REVENUE FIGURE ABOVE DOES NOT REFLECT GIFT INCOME RECEIVED WHICH COVERS THE DIFFERENCE BETWEEN THE SCHOOL'S PROGRAM SERVICE REVENUES AND OPERATING EXPENSES.) 2634436 856125 WRCM ("NEW LIFE" 91.9 FM) AND WMHK (89.7 FM) TOGETHER SERVED AN AVERAGE OF 362,900 LISTENERS PER WEEK DURING THE 2012-2013 YEAR. WRCM SERVES THE GREATER CHARLOTTE (N.C.) MARKET; WMHK SERVES THE COLUMBIA AND FLORENCE (S.C.) MARKETS. THE STATIONS WERE SUPPORTED DURING THE 2012-2013 YEAR BY 27,337 INDIVIDUAL GIFTS TOTALING $2,223,543. (THE GENEROUS GIFTS OF DONORS COMPRISE THE STATIONS' PRIMARY SUPPORT. AS SHOWN ABOVE, PROGRAM SERVICE REVENUES ARE NOT SUFFICIENT TO SUPPORT THE STATIONS' OPERATING EXPENSES.) ALONG WITH ENCOURAGING MUSIC, THE STATIONS' PROGRAM CONTENT INCLUDES EDUCATIONAL AND INSPIRATIONAL FEATURES, NEWS AND COMMUNITY-FOCUSED ELEMENTS. THE ON-AIR SERVICE IS COMPLIMENTED BY WEBSITES THAT PROVIDE INFORMATION ABOUT THEIR ACTIVITIES AND BROADCAST STREAMS THAT CAN BE HEARD AROUND THE WORLD. 910792 1064298 PINE VIEW APARTMENTS IS A 136-UNIT HOUSING COMMUNTY LOCATED ON THE WOODED HILLSIDES ADJACENT TO THE CORE CAMPUS. DURING THE 2012-2013 SCHOOL YEAR, IT SERVED AS HOME TO 300 CIU STUDENTS, STAFF MEMBERS, AND THEIR FAMILY MEMBERS. 910792 1064298 25838972 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1692 0 1 823 1 1 1 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X KEITH STOKELD CHIEF FINANCIAL OFFICER 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29203 DAVID BEASLEY 1.00 X 0 0 0 W TOBIN CASSELS 1.00 X X 0 0 0 LYN COOK 1.00 X 0 0 0 MARION DAVIS 1.00 X 0 0 0 ADRIAN DESPRES JR 1.00 X 0 0 0 HANS FINZEL 1.00 X 0 0 0 RUSSELL FRENCH 1.00 X 0 0 0 JENNIFER GUTWEIN 1.00 X 0 0 0 D GARY HARLOW 1.00 X 0 0 0 ROSS LINDSAY 1.00 X 0 0 0 DAVID MORELAND 1.00 X 0 0 0 J RONALD MULLINS 1.00 X X 0 0 0 JERRY RANKIN 1.00 X X 0 0 0 DOUGLAS RUTT 1.00 X X 0 0 0 MARQUIS RYAN 1.00 X 0 0 0 WILL SCHAFER 1.00 X 0 0 0 MARVIN SCHUSTER 1.00 X 0 0 0 JAMES DIXON JR 1.00 X 0 0 0 CHIKONG SHUE 1.00 X 0 0 0 DELAINE BLACKWELL 1.00 X 0 0 0 ROBERT NORRIS 1.00 X 0 0 0 WILLIAM JONES 60.00 X 132997 0 37087 D KEITH MARION 50.00 X 124901 0 17860 MICKEY BOWDON 50.00 X 121938 0 16919 379836 0 71866 3 0 1 0 MATTHEWS CONTRUCTION CO 210 FIRST AVE SOUTH CONOVER NC 28613 CONSTRUCTION 1813186 PIONEER COLLEGE CATERERS 303 GLENROSE AVE NASHVILLE TN 37210 CATERING SERVICES 1447722 RICHARDSON CONSTRUCTION CO 6806 MONTICELLO RD COLUMBIA SC 29203 CONSTRUCTION 400008 WO BLACKSTONE AND COMPANY PO BOX 88 COLUMBIA SC 29202 CONSTRUCTION 326358 DON BLACKSTONE CONSTRUCTION 1079 HYMAN LANE BLYTHEWOOD SC 29016 CONSTRUCTION 265013 15 29161 111100 19052547 200773 19192808 TUITION AND FEES 611310 14028744 14028744 BEN LIPPEN SCHOOL 611310 9895678 9895678 AUXILIARY SERVICES 611310 2508059 2508059 PINE VIEW APARTMENTS 611310 1064298 1064298 BROADCASTING 611310 856125 856125 9296 9296 28362200 570211 570211 62308 24698 52189 31702 10119 -7004 3115 -7004 10119 1798491 16184 1631247 0 167244 16184 183428 16184 167244 99665 29161 67068 32597 32597 MISCELLANEOUS REVENUE 900099 330609 330609 INSURANCE REIMBURSEMENT 900099 136472 136472 467081 48811440 28845465 -7004 780171 23750 23750 4303191 4303191 461432 345444 115988 102150 102150 14687510 11221667 3209510 256333 749519 547813 180356 21350 3843903 2652754 1129913 61236 972826 725188 226122 21516 62329 45998 9139 7192 64316 1620 62696 143240 143240 710199 493076 216206 917 1283972 1060466 184364 39142 286940 286940 1690105 509314 1179667 1124 715790 569120 117243 29427 182765 160113 21965 687 690660 690660 2089697 2089697 364626 136441 217398 10787 EXTERNAL SERVICES 2301630 1239340 1006541 55749 OTHER EXPENSES 856574 791215 65359 REPAIRS & MAINTENANCE 804679 272397 532282 FINANCIAL AID 537528 537528 280993 261041 19431 521 38210324 25838972 11684024 687328 3208360 2294115 4362748 15286945 188131 251654 37633 30070 10938 44890 66992127 28383347 35386031 38608780 13653226 13427836 2805195 3289420 2939452 3044913 62591714 76278623 853549 793495 1500316 1253065 11523782 14080500 4318328 3250458 18195975 19377518 X 23791913 25294838 16116648 27108143 4487178 4498124 44395739 56901105 62591714 76278623 X 10601116 858862 1161515 -116127 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 108000 35405 110883 1 1 13996189 428706 882752 236865 15070782 13735375 450821 182102 372109 13996189 12022221 544292 1259291 90429 13735375 10455246 369678 1246784 49487 12022221 12786586 672875 -2542953 461262 10455246 0.36000 0.64000 0 0 409817 409817 42814936 14590692 28224244 12088880 8375664 3713216 11678494 5416991 6261503 38608780 TRUST LIABILITIES 1018575 DEPOSITS HELD IN CUSTODY 1040590 ANNUITIES PAYABLE 1168249 ASSET RETIREMENT OBLIGATION 9900 CAPITAL LEASE OBLIGATIONS 13144 3250458 X 45206514 858862 -116127 742735 44463779 143240 4204421 4347661 48811440 33862663 98770 98770 33763893 143240 4303191 4446431 38210324 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: COLUMBIA INTERNATIONAL UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR STUDENT FINANCIAL AID. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY HAS ADOPTED THE NEW PROVISIONS OF THE "INCOME TAX" TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPTECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2013 AND 2012, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST ASSETS/ANNUITIES -116,127. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -31,702. TUITION DISCOUNTS NETTED AGAINST REVENUE 4,303,191. CHANGE IN VALUE OF ANNUITIES FUNDRAISING EXPENSES -67,068. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 31,702. FUNDRAISING EXPENSES REPORTED ON LINE 8B 67,068. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS NETTED AGAINST REVENUE 4,303,191. 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 AVAILABLE TO THE PUBLIC AND INCLUDED IN A NEWSPAPER AD. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED $76,651 FROM THE FEDERAL COLLEGE WORK STUDY PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 PROGRAM SERVICES STUDY TOURS 96058 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES STUDY TOURS, RECRUITMENT 187635 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY TOURS, RECRUITMENT 89472 MIDDLE EAST AND NORTH AFRICA - 0 0 PROGRAM SERVICES STUDY TOURS 226266 0 0 0 0 0 0 599431 0 599431 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: CIU USES THE ACCRUAL METHOD OF ACCOUNTING. ALL AMOUNTS REPRESENT EXPENDITURES; NO INVESTMENTS WERE MADE. FALL GOLF CLASSIC 52387 18335 34052 0 6236 10799 163 9014 CEDAR CREEK SKEET SHOOT 44130 4475 39655 1906 4547 8386 952 5015 1 32309 6351 25958 0 8327 3400 2950 5373 128826 29161 99665 1906 19110 22585 4065 19402 67068 32597 1 CHILD EVANGELISM FELLOWSHIP 500 ST ANDREWS ROAD COLUMBIA SC 29203 570567186 501 (C) (3) 18000 GENERAL SUPPORT GENERAL SUPPORT GENERAL SUPPORT 1 STUDENT SCHOLARSHIPS 1047 4303191 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND TUITION DISCOUNTS ARE AWARDED BASED ON DEMONSTRATED FINANCIAL NEED AND MISSION COMPATIBILITY OF THE STUDENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM JONES 132997 0 0 0 0 0 0 0 18000 0 150997 0 0 0 PART I, LINE 1A IT IS THE PRACTICE OF CIU TO PROVIDE THE PRESIDENT WITH A HOUSING ALLOWANCE AS PART OF HIS COMPENSATION PACKAGE. MERIT-BASED AID 2 20500 MIKE BLACKWELL SPOUSE OF PART-YEAR BOARD MEMBER 102150 EMPLOYEE COMPENSATION 0 X 17 200773 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY OUR OUTSIDE CPA FIRM. THE COMPLETED FORM 990 IS SENT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. VERBAL APPROVAL OF EACH COMMITTEE MEMBER IS OBTAINED BEFORE FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES: EACH MEMBER OF THE BOARD OF TRUSTEES MUST ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST AND RELATED-PARTY TRANSACTION POLICY AND DISCLOSURE FORM (BOARD CONFLICT POLICY). THE BOARD CONFLICT POLICY GIVES EXAMPLES OF CONLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE BOARD CONFLICT POLICY DELINEATES A DISCLOSURE PROCEDURE THAT REQUIRES THE BOARD MEMBER TO REPORT THE CONFLICT TO THE PRESIDENT WHO REFERS THE INFORMATION TO THE NOMINATING AND BOARD REVIEW COMMITTEE FOR INVESTIGATION AND FOR A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. EMPLOYEES: OUR CONLICT OF INTEREST POLICY IS STATED IN OUR EMPLOYEE HANDBOOK. ALL REGULAR FULL-TIME AND PART-TIME EMPLOYEES (WHICH INCLUDES THE PRESIDENT AND KEY EMPLOYEES) MUST READ THE EMPLOYEE HANDBOOK THEIR FIRST WEEK ON THE JOB AND ANNUALLY THEREAFTER, AND THEY MUST SIGN A STATEMENT THAT THEY HAVE READ IT AND ARE IN COMPLIANCE WITH ITS POLICIES, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE POLICY INSTRUCTS EMPLOYEES TO DISCLOSE THE CONFLICT TO THEIR SUPERVISOR. SUPERVISORS ARE INSTRUCTED IN THE SUPERVISORS' POLICY MANUAL TO CONFER WITH THEIR SUPERVISOR AND THE HUMAN RESOURCES DIRECTOR WHO TOGETHER WILL DETERMINE IF A CONFLICT EXISTS, TO WHAT EXTENT, AND THE APPROPRIATE COURSE OF ACTION. IF THE PROBLEM CANNOT BE RESOLVED AT THAT LEVEL, THE MATTER WILL BE PRESENTED TO THE PRESIDENT FOR DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 EXTERNAL COMPARISONS ARE MADE WITH SIMILAR INSTITUTIONS FOR THE PRESIDENT AND FOR KEY EMPLOYEES. ADDITIONALLY, INTERNAL COMPARISONS ARE MADE TO DETERMINE RELATIVE SALARY RANGE AMONG THE PRESIDENT AND KEY EMPLOYEES. A 10-YEAR HISTORY OF THE ORGANIZATION'S PRESIDENTS' SALARIES IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF KEY EMPLOYEES THROUGH A 10-YEAR HISTORY THAT IS PROVIDED TO THE COMMITTEE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE AT THE WWW.CIU.EDU AND WWW.GUIDESTAR.ORG WEBSITES, AND UPON REQUEST. FORMS 1023 AND 990-T ARE AVAILABLE UPON REQUEST. COLUMBIA INTERNATIONAL UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF ANNUITIES CHANGE IN THE VALUE OF TRUST ASSETS/ANNUITIES -116,127. FUNDRAISING EXPENSES REPORTED ON LINE 8B