2013-05-14T14:57:45-05:00 2012-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2011-07-01 560530003 Queens University of Charlotte % MATTHEW PACKEY QUEE 7043372375 1900 SELWYN AVENUE CHARLOTTE NC 28274 matthew packey 2013-05-13 true Sandra L Feinsmith 4046886841 2011 2016-02-24 21:20:13Z DR PAMELA L DAVIES PHD 1900 SELWYN AVENUE CHARLOTTE NC 28274 89112802 false X www.queens.edu X 1896 NC QUEENS UNIVERSITY OF CHARLOTTE PROVIDES EDUCATIONAL EXPERIENCES THAT TRANSFORM STUDENTS' LIVES AND FOSTER PERSONAL AND PROFESSIONAL SUCCESS. 39 39 1086 117 -48648 -50161 52494526 9748641 48005479 51390577 1856602 1976932 0 -4040 102356607 63112110 12972386 14657687 0 0 27440980 29374574 0 0 1859541 20170670 24622762 60584036 68655023 41772571 -5542913 178756903 218176923 36965601 84055919 141791302 134121004 QUEENS UNIVERSITY OF CHARLOTTE PROVIDES EDUCATIONAL EXPERIENCES THAT TRANSFORM STUDENTS' LIVES AND FOSTER PERSONAL AND PROFESSIONAL SUCCESS. false false 48380307 14657687 43886240 Queens University of Charlotte is a private, Co-ed, Presbyterian-Affiliated comprehensive University with a commitment to both liberal arts and professional studies. Located in the heart of historic Charlotte, Queens serves approximately 2,700 Undergraduate and Graduate students through its College of Arts and Sciences, The McColl School of Business, The Presbyterian School of Nursing, The Wayland H. Cato, Jr. School of Education, The School of Communication and Hayworth College for Adult Studies. 48380307 true true false false false false false false true true true false false true true false true true false true false false false false false false false true true true false false false false false false false false false false true false false false false true true false false false true 313 0 true 1086 true true true false false false false true true true 1 false false false false X 39 39 false false false false false false false true true false false true true true true true true true true false X MATTHEW PACKEY 7043372375 1900 SELWYN AVENUE CHARLOTTE NC 28274 X benjamin p jenkins iii 1.0 X 0 0 0 michael marsicano phd 1.0 X 0 0 sallie moore lowrance 1.0 X 0 0 elizabeth rivers curry 1.0 X 0 0 0 KATHRYN WINSMAN BLACK 1.0 X DEBORAH BUTLER BRYAN 1.0 X ANGELINE MASSEY CLINTON 1.0 X KEVIN COLLINS 1.0 X MARGORIE KNIGHT CRANE 1.0 X JESSE CURETON 1.0 X DAVID C DARNELL 1.0 X DONNA JONES DEAN 1.0 X FRANCES DEARMON EVANS 1.0 X SARAH BELK GAMBRELL 1.0 X OPHELIA GARMON-BROWN MD 1.0 X KATHRYN L GRIGG 1.0 X IRVIN W HANKINS III 1.0 X W BENJAMIN HAWFIELD JR 1.0 X CARSON SLOAN HENLINE 1.0 X LYTTLETON RICH HOLLOWELL 1.0 X JUDITH MOORE LEONARD 1.0 X SANDRA LEVINE 1.0 X THOMAS L LEWIS 1.0 X KITTY TILGHMAN MCEADDY 1.0 X A WARD MCKEITHEN 1.0 X BAILEY PATRICK 1.0 X KEITH MCKENNA PENSION 1.0 X DAVID POPE 1.0 X A ALEX PORTER 1.0 X MYRTA PULLIAM 1.0 X THOMAS REDDIN 1.0 X MA ROGERS 1.0 X JOHN H SYKES 1.0 X MICAEL TARWATER 1.0 X C BRENT TREXLER JR 1.0 X CYNTHIA HALDENBY TYSON 1.0 X RUTH ANNE VAGT 1.0 X F WILLIAM VANDIVER JR 1.0 X MANUEL ZAPATA 1.0 X PAMELA LEWIS DAVIES 60.0 X 284495 0 69583 james bullock 50.0 X 240337 0 27777 MATTHEW PACKEY 50.0 X 215880 0 32368 brian ralph 50.0 X 152097 0 34178 J Norris Frederick Jr 50.0 X 151097 0 32626 abiodun goke-pariola 50.0 X 116535 0 11723 rebecca anderson 50.0 X 119879 0 46352 susan gary 50.0 X 111851 0 47632 William A Nichols jr 50.0 X 102557 0 22258 christy majors 40.0 X 74713 0 5600 tamara burrell 40.0 X 60739 0 13620 william cody 40.0 X 183506 0 20619 ROBERT FINLEY 30.0 X 152066 23100 18951 linda christopherson 30.0 X 99774 50750 22589 charles bamford 30.0 X 141068 16500 10644 william sparks 30.0 X 122679 24400 15950 2329273 114750 432470 28 false true false LITTLE DIVERSIFIED ARCHITECTURAL CO 5815 WESTPARK DRIVE CHARLOTTE NC 28217 CONSULTING 539861 ROSE CHAUFFEURED TRANSPORTATION LT 11325-A NATIONS FORD ROAD PINEVILLE NC 28134 TRANSPORTATION 257839 DAVENPORT COMPANY LLC PO BOX 85678 RICHMOND VA 232855678 BOND DEBT CONSULTING 240000 ROBINSON BRADSHAW HINSON PA 101 NORTH TRYON STREET SUITE 1900 CHARLOTTE NC 28246 LEGAL SERVICES 206768 BDO USA LLP 1001 MOREHEAD SQUARE DRIVE SUITE 3 CHARLOTTE NC 28203 AUDITING SERVICES 181060 6 2940169 6808472 1690017 9748641 TUITION & FEES 900099 41477781 41477781 AUXILIARY ENTERPRISES 900099 7504337 7504337 OTHER INCOME 900099 2408459 2408459 51390577 733171 -48648 781819 0 0 15200 19240 -4040 -4040 -4040 27225213 25981452 1243761 1243761 1243761 0 0 0 0 63112110 43886240 -48648 9525877 0 14657687 14657687 0 0 2368431 351497 1611869 405065 0 22276977 18552972 2861606 862399 980152 643971 284329 51852 2720337 1819535 797061 103741 1028677 881214 146982 481 0 92680 3000 89680 236030 236030 0 0 148990 148990 377316 377316 437175 316556 117516 3103 4001515 1934330 1976646 90539 740524 190026 521246 29252 0 1275218 1245570 29648 1317311 997666 298015 21630 0 0 0 0 3615451 3615451 417598 300 417298 SERVICES PURCHASED & MAINT 6364169 2467265 3837358 59546 DEBT SERVICE 4058926 4058926 ENRICHMENT 1148242 610975 310176 227091 MEMBERSHIPS & SUBSCRIPTIONS 210435 92292 113301 4842 181182 181182 68655023 48380307 18415175 1859541 12879208 24638192 3382802 7107593 23347110 16589136 0 0 0 0 0 0 0 0 0 0 1120638 1433313 132188956 40948994 57124888 91239962 27621020 46161064 53120409 30849339 160828 158324 0 0 0 0 178756903 218176923 10789027 16194921 188900 188900 0 0 20920000 57475000 0 0 0 0 0 0 0 0 5067674 10197098 36965601 84055919 X 85499372 78051368 38616888 38063346 17675042 18006290 141791302 134121004 178756903 218176923 X -5542913 -2127385 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71137604 4088901 -219877 3869165 71137463 43064913 22617404 7535774 2080487 71137604 41069806 1038026 3234862 2277781 43064913 49267575 1582227 -7357911 2422085 41069806 0.83000 0.16000 0.01000 true false 260000 260000 64541189 20661409 43879780 0 0 13443676 10564077 2879599 53944091 9723508 44220583 91239962 PERPETUAL TRUSTS 3940531 F HEDGE FUNDS 11260980 F REAL ESTATE FUNDS AND LPS 7059981 F INVESTMENT IN LAND 2480000 F PRIVATE EQUITY LPS 5718665 F OTHER INVESTMENTS 389182 F 30849339 0 DEPOSITS & DEFERRED REVENUE 2840489 CAPITAL LEASE OBLIGATIONS 1745726 LINES OF CREDIT 5610883 10197098 ENDOWMENT FUNDS SCHEDULE D, PART V THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS, PROFESSORSHIPS, FACULTY DEVELOPMENT, BUILDING & GROUNDS, LIBRARY, ACADEMIC AND OTHER. FIN 48 (ASC) FOOTNOTE SCHEDULE D, PART X, LINE 2 The University analyzed its tax positions for the year ended June 30, 2012 and determined that there were no uncertain tax positions that would have a material impact on the University's financial statements. The University recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the statement of activities. During the year, the University did not accrue any interest or penalties. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY SCHEDULE E, LINE 3 Queens University of Charlotte published the following statement in its admissions materials, student application, and in its media advertisements: "Admissions is granted to qualified applicants without regard to race, age, creed, handicap, or national or ethnic origin". FINANCIAL AID/ASSISTANCE FROM A GOVERNMENTAL AGENCY SCHEDULE E, LINE 6A The University participates in the following programs: Federal Pell Grants, Federal Academic Competitiveness Grants (ACG), Federal National Science and Mathematics Access to Retain Talent Grants (National Smart Grant), Federal Supplemental Educational Opportunity Grants (FSEOG), Federal Subsidized Stafford Loans, Federal Unsubsidized Stafford Loans, Federal Perkins Loans, Federal Parent (PLUS) Loans, and Federal Work Study Programs. The University also receives various Federal Grants and contracts for academic scientific research. Europe (Including Iceland and Greenland) Investments 780000 780000 780000 true false false true true false true SCHOLARSHIPS 1692 14626346 WORK STUDY PROGRAMS 132 31341 MONITORING THE USE OF GRANTS SCHEDULE I, PART I, LINE 2 Scholarships and fellowships are awarded by Queens University of Charlotte to students based on their academic achievement, talent in the fine arts, and participation in intercollegiate athletics. The awards are based on their performance levels. Students are also awarded need-based scholarships and grants based on their need as established by completing the Free Application for Federal Student Aid (FAFSA) and, if applicable, by specific criteria and guidelines for other federal and state programs. X X true true X X X X X false false false false false false false false false PAMELA LEWIS DAVIES 255145 0 15653 0 13697 0 18375 0 51208 0 354078 0 0 0 william cody 168301 0 11649 0 3556 0 12730 0 7889 0 204125 0 0 0 ROBERT FINLEY 134908 23100 0 0 17158 0 9596 0 9355 0 171017 23100 0 0 james bullock 184274 0 47451 0 8612 0 14462 0 13315 0 268114 0 0 0 MATTHEW PACKEY 183414 0 32175 0 291 0 8531 0 23837 0 248248 0 0 0 brian ralph 147151 0 4723 0 223 0 11808 0 22370 0 186275 0 0 0 J Norris Frederick Jr 132337 0 5569 0 13191 0 10672 0 21954 0 183723 0 0 0 rebecca anderson 115964 0 3750 0 165 0 9375 0 36977 0 166231 0 0 0 susan gary 111691 0 0 0 160 0 9167 0 38465 0 159483 0 0 0 linda christopherson 99196 50750 0 0 578 0 8100 0 14489 0 122363 50750 0 0 charles bamford 134652 16500 0 0 6416 0 10052 0 592 0 151712 16500 0 0 william sparks 106040 24400 0 0 16639 0 8320 0 7630 0 138629 24400 0 0 RESIDENCE FOR PERSONAL USE AND SOCIAL CLUB DUES SCHEDULE J, PART I, LINE 1A Queens owns and provides a residence for the President which is located on the campus. This residence is used frequently for business purposes such as meetings, receptions, and entertaining donors. The value was not treated as taxable compensation. Queens also provides the President with a membership to a country club (Myers Park Country Club). This membership is used primarily for business purposes such as meetings, receptions and entertaining donors. The value was not treated as taxable compensation. In addition, the President and the Vice President for Advancement are provided with memberships to a social club (Charlotte City Club) which is used solely for business purposes such as entertaining donors. The value was not treated as taxable compensation. DETERMINING COMPENSATION SCHEDULE J, PART I, LINE 3 The Presidents compensation is determined and approved by the Compensation Committee of the Board of Trustees. This committee utilizes information from the 990 returns of other benchmark institutions, compensation surveys of other private colleges and universities, and other benchmarks obtained by the members of the committee as information in the compensation determination process. These discussions are documented in the minutes and files of the compensation committee. DEFERRED COMPENSATION SCHEDULE J, PART II, COLUMN (C) AMOUNTS REPORTED AS DEFERRED COMPENSATION ARE EMPLOYER CONTRIBUTIONS TO THE DEFINED CONTRIBUTION RETIREMENT 403(B) PLAN, WHICH IS APPLICABLE TO ALL PARTICIPATING EMPLOYEES. NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PAC3 2009-10-01 32305000 10/14/1999 AND 5/10/2001 false false false north carolina cap finance agency 561592154 65818PJC4 2011-07-27 38400000 see Part VI false false false 0 0 32305000 0 0 0 0 0 0 0 32305000 0 2002 true false true true 0 0 38424582 0 680815 0 0 241791 0 20361212 40584 17100180 false false false true 0 false false false false 0 true false true false 0 false 0 false false false true false 0 false 0 false X SCHEDULE K SUPPLEMENTAL INFORMATION 0 Bond A: On October 1, 2009, the University restructured its outstanding tax-exempt North Carolina Educational Facilities Finance Agency Variable Rate Educational Facilities Revenue Bonds (Queens College), Series 1999A and Series 1999B, and North Carolina Educational Facilities Finance Agency Educational Facilities Revenue Bonds (Queens College), Series 2001, (the "Restructured Bonds", originally issued on October 14, 1999 and May 10, 2001, respectively. This restructuring was undertaken to reamortize the principal payment schedules for the Restructured Bonds, but no other terms of the Restructured Bonds were changed, including the maturity dates. This restructuring constituted a reissuance of the Restructured Bonds under applicable federal tax law. Part I, Bond B, Column F: Finance portions of Levine Center for Wellness & Recreation, South Residence Hall and Parking Deck, relocation of Greek X 1 X 35 1568479 FMV X 1 121538 SALE X GIFT CARDS 2 0 0 X RICK CROWN POTTERY 3 0 0 X BOOKS AND PUBLICATIONS 125 0 0 1 false true false SCHEDULE M, PART I, LINE 33 WHY NO VALUE WAS ASSESSED TO NON CASH GIFTS THE UNIVERSITY DOES NOT SEEK AN APPRAISAL, NOR DOES THE UNIVERSITY RECORD AS REVENUE, ANY NONCASH ITEM DONATED UNLESS THE DONOR PROVIDES AN INDEPENDENT THIRD PARTY APPRAISAL AS PART OF FORM 8283. THE STOCK GIFTED TO QUEENS IS SOLD IMMEDIATELY UPON THE TRANSFER, WHICH IS HOW A CASH VALUE IS DETERMINED FOR THE STOCK. REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, QUESTION 11B Prior to filing the Form 990, the Compensation Committee of the Board of Trustees reviewed the compensation-related sections of the draft Form 990, and all voting members of the Board of Trustees were provided with access to the draft Form 990 via a secure website. MONITORING CONFLICTS OF INTEREST FORM 990, PART VI, SECTION B, LINE 12C At least annually, all employees are reminded of the Universitys conflict of interest policy and all new employees are educated about the policy during the hiring process. Supervisors look for potential conflicts of interest for employees under their supervision and disclose such potential conflicts as necessary. DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A AND B The Presidents compensation is determined and approved by the Compensation Committee of the Board of Trustees. This committee utilizes information from the 990 returns of other benchmark institutions, compensation surveys of other private colleges and universities, and other benchmarks obtained by the members of the committee as information in the compensation determination process. These discussions are documented in the minutes and files of the compensation committee. The President determines the compensation for the other officers of the university. She utilizes information from the 990 returns of other benchmark institutions, compensation surveys of other private colleges and universities, and other benchmark data in the compensation determination process. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, QUESTION 19 NONE OF THESE DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC; HOWEVER, ANY OF THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 NET UNREALIZED GAIN/(LOSS) ON INVESTMENTS ($2,127,385) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PAMELA LEWIS DAVIES TITLE:PRESIDENT, ex-officio, B.O.T HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MATTHEW PACKEY TITLE:CFO/VP FOR ADMINISTRATION HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:J. Norris Frederick, Jr. TITLE:VP for Academic Affairs HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:abiodun goke-pariola TITLE:VP for Academic affairs HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:susan gary TITLE:VP for finance HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:tamara burrell TITLE:exec assistant & secretary HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ROBERT FINLEY TITLE:PROFESSOR OF BUSINESS ADMIN HOURS:10 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:linda christopherson TITLE:director for eli HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:charles bamford TITLE:professor business admin HOURS:10 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:william sparks TITLE:associate professor, mgmt sci HOURS:10 EXECUTIVE LEADERSHIP INSTITUTE INC 1900 SELWYN AVENUE CHARLOTTE NC 28274 562232163 EDUCATION NC 501(C)(3) TYPE I NA true false false false false false false false false false false false false true false false false false false