2013-05-14T15:18:30-05:00 2012-06-30 270355040 WILKINS MILLER HIERONYMUS LLC PO BOX 70047 MOBILE AL 36670 990 2011-07-01 630302179 SPRING HILL COLLEGE SPRI 2513802259 4000 DAUPHIN STREET MOBILE AL 36608 RHONDA SHIRAZI CPA 2513804000 2013-05-15 1 MICHAEL J KINTZ P00381740 2514106700 2013-04-29 2011 2016-02-24 21:20:13Z FATHER RICHARD SALMI SJ 4000 DAUPHIN STREET MOBILE AL 36608 36487926 0 X WWW.SHC.EDU X 1830 AL SPRING HILL COLLEGE IS A CO-EDUCATIONAL LIBERAL ARTS, JESUIT COLLEGE. 28 28 975 5 1013793 -326396 99993 3339954 1024926 26903213 138034 2082741 213318 2289225 1476271 34615133 0 0 0 0 733449 16548971 0 0 982324 2126644 23965154 2860093 40514125 -1383822 -5898992 169977889 156837975 96813610 92153996 73164279 64683979 X ROOTED IN ITS CATHOLIC HERITAGE AND CONTINUING THE 450 YEAR OLD JESUIT TRADITION OF EDUCATIONAL EXCELLENCE, SPRING HILL COLLEGE FORMS STUDENTS TO BECOME RESPONSIBLE LEADERS IN SERVICE TO OTHERS. WE OFFER OUR STUDENTS A THOROUGH PREPARATION FOR PROFESSIONAL EXCELLENCE; AND WE STRIVE TO AWAKEN MIND AND SPIRIT TO THE PURSUIT OF TRUTH AND TO THE EVER-DEEPENING APPRECIATION OF THE BEAUTY OF CREATION, THE DIGNITY OF LIFE, THE DEMANDS OF JUSTICE AND THE MYSTERY OF GOD'S LOVE. IN OUR COMMUNITY OF LIVING AND LEARNING, WE ARE COMMITTED TO THE JESUIT TRADITION OF "CURA PERSONALIS," THAT IS , A CARE FOR THE SPIRITUAL, SOCIAL AND INTELLECTUAL GROWTH OF EACH PERSON. THROUGH INFORMED DIALOGUE WITH THE WORLD'S CULTURE, RELIGIONS AND PEOPLES, WE PROMOTE SOLIDARITY WITH THE ENTIRE HUMAN FAMILY. AND TRUE TO THE CATHOLIC AND BIBLICAL TRADITION, WE NURTURE BOTH THE PERSONAL AND SOCIAL DIMENSIONS OF FAITH, SEEKING TO DRAW OUR STUDENTS INTO A DEEPER AND MORE VITAL RELATIONSHIP WITH GOD. 0 0 21203032 27669651 SPRING HILL COLLEGE IS A CO-EDUCATIONAL INSTITUTION COMMITTED TO THE PRINCIPLE OF EDUCATING MEN AND WOMEN FOR SERVICE TO OTHERS. THE COLLEGE IS A LIBERAL ARTS, JESUIT COLLEGE WHICH OFFERS VARIOUS UNDERGRADUATE AND GRADUATE PROGRAMS. DURING THE ACADEMIC YEAR APPROXIMATELY 1500 STUDENTS WERE PURSUING A DEGREE. 21203032 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 41 0 975 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL GA MS X RHONDA SHIRAZI CPA 2513802255 4000 DAUPHIN STREET MOBILE AL 36608 KAREN ATCHISON 1.50 X 0 0 0 MARY LOU BARTER 1.50 X 0 0 0 JUDGE SONJA BIVINS 1.50 X 0 0 0 DR MARY CHAN 1.50 X 0 0 0 REV JUSTIN DAFFRON SJ 1.50 X 0 0 0 DAN ELCAN 1.50 X 0 0 0 REV MARK LEWIS SJ 1.50 X 0 0 0 REV GREGORY KONZ SJ 1.50 X 0 0 0 CHARLES RAY MAYHALL III 1.50 X 0 0 0 JAMES MCKINNEY 1.50 X 0 0 0 TIM MURPHY 1.50 X 0 0 0 REV DAN LAHART S J 1.50 X 0 0 0 IRVING SILVER 1.50 X 0 0 0 TERESA SMITH 1.50 X 0 0 0 FR CHRISTOPHER VISCARDI SJ 1.50 X 0 0 0 THOMAS J CLARK III 1.50 X 0 0 0 VINCENT F KILBORN III 1.50 X 0 0 0 JOHN ZOLLINGER IV 1.50 X 0 0 0 DR DENNIS MCCLUSKEY 1.50 X 0 0 0 REV RICHARD P SALMI SJ 40.00 X X 0 0 0 REV EDWARD B ARROYO 1.50 X 0 0 0 JOSEPH RELLA 1.50 X 0 0 0 KRISTIN F PFEFFLE 1.50 X 0 0 0 KATHERINE M SISOIAN 1.50 X 0 0 0 PETER A VUKELIC 1.50 X 0 0 0 JAMES BRANDYBURG 1.50 X 0 0 0 DR EDWARD LOSE 1.50 X 0 0 0 DR CHRISTOPHER PUTO 1.50 X 0 0 0 JOSEPH DEIGHTON 40.00 X 101774 0 14520 RHONDA SHIRAZI 40.00 X 117770 0 11986 JAMES HALL 40.00 X 58200 0 9244 RAMONA HILL 40.00 X 97274 0 8382 JOHN KERR 40.00 X 81187 0 8347 SAMANTHA CHURCH 40.00 X 74836 0 10405 GEORGE SIMS 40.00 X 126000 0 15554 CHARMANE MAY 40.00 X 133964 0 14930 MICHAEL KAFFER 40.00 X 102083 0 12271 TODD WALLER 40.00 X 114600 0 9365 1007688 0 115004 14 0 0 0 ARAMARK SERVICES 4000 DAUPHIN STREET MOBILE AL 36608 CATERING AND CAMPUS DINING 2574420 BARNES AND NOBLE SHC BOOKSTORE 120 MOUNTAIN VIEW BLVD BASKING RIDGE IL 07920 OPERATION OF CAMPUS BOOK STORE 1005644 FIRST INSURANCE FUNDING CORP PO BOX 3306 NORTHBROOK IL 60065 FINANCE COMPANY 875193 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 538187 FIRE ENGINE RED PO BOX 1017 HAVERTOWN PA 19083 ADMISSIONS SOFTWARE 287900 5 3339954 558607 3339954 TUITION AND FEES 611710 14877480 14877480 ROOM AND BOARD 611710 10843974 10843974 AUXILIARY INCOME 713910 843082 843082 CONTRACT INCOME 611710 338677 338677 26903213 722922 722922 660100 0 660100 660100 151106 508994 638196 2538140 643165 1173352 -4969 1364788 1359819 1359819 74177 56276 17901 17901 MISCELLANEOUS INCOME 611710 1424771 1423067 1704 COMMISSIONS 611710 138797 138797 COST RECOVERY 611710 47656 47656 1611224 34615133 27669651 1013793 2591735 864988 544212 161432 159344 12698828 9580535 2717258 401035 571531 447173 111965 12393 1419651 964386 413056 42209 993973 749248 205469 39256 73682 47035 17267 9380 82131 13155 68976 32582 22221 10361 1606150 1067717 455529 82904 282163 97590 169333 15240 6492802 3805001 2687317 484 761704 677232 44197 40275 78790 49809 27656 1325 4297389 48214 4249175 4728116 4728116 OTHER EXPENSES 5529645 3089504 2261662 178479 40514125 21203032 18328769 982324 1082422 146317 4459616 3654710 5810369 5353073 47565 49300 158960921 47732530 114099874 111228391 138253 45116 20623606 17846187 23716184 18514881 169977889 156837975 2551625 2610749 2401583 2347289 51228176 48886306 30231854 29463616 7432268 4724679 2968104 4121357 96813610 92153996 X 4464055 -2802292 34248179 33773992 34452045 33712279 73164279 64683979 169977889 156837975 X -5898992 -2581308 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40179533 895305 -794513 6372625 33907700 41472505 45681 -227782 1110871 40179533 39426734 2335227 5396400 5685856 41472505 41847044 478917 4878343 7777570 39426734 0.00580 0.99420 1 1 1 2779805 2779805 133346752 31881460 101465292 22611142 15851070 6760072 223222 223222 111228391 EQUITY SECURITIES FUND - POOLED 10672385 F CORPORATE DEBENTURE - POOLED FUND 82066 F STATE AND LOCAL GOVERNEMNT SECURITY INVESTMENT 32764 F BOND FUND - POOLED 3873021 F REAL ESTATE INVESTMENT TRUST - POOLED 54058 F ENDOWMENT FUND 1427749 F INVESTMENT IN VENTURE PARTNERS, LP - POOLED 408895 F OTHER 14062 C MULTISTRATEGY COMMON FUND 792812 F POOLED ENDOWMENT 488375 F 17846187 OTHER 1964992 TRUSTS HELD BY 3RD PARTY 16549889 18514881 DEPOSITS 623929 CAPITAL LEASE 583700 REFUNDABLE ADVANCES-US GOVT GRANTS 655261 LIABILITY UNDER INTEREST RATE SWAP 2258467 4121357 34615133 40514125 -5898992 -575131 -1833690 -2408821 -8307813 32262588 -575131 -1777414 -2352545 34615133 0 34615133 40570401 56276 56276 40514125 0 40514125 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS AND HELP SUPPORT THE FINANCIAL NEEDS OF THE COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2012. THE TAX YEARS 2008 THROUGH 2011 FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS REMAIN OPEN TO EXAMINATION. THE COLLEGE IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WOULD QUALIFY FOR DISCLOSURE OR ACCRUAL IN THE FINANCIAL STATEMENTS AT JUNE 30, 2012. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON TRUSTS HELD BY THIRD PARTY -1,016,071. NET LOSS ON INTEREST RATE SWAP -897,648. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 80,029. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,833,690. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 80,029. UNREALIZED LOSS ON THIRD PARTY TRUSTS -1,016,071. NET LOSS ON INTEREST RATE SWAP -897,648. COST OF GOODS SOLD 56,276. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 56,276. 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 A STATEMENT REGARDING THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE COLLEGE CATALOG. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FUNDS FOR ITS STUDENT FINANCIAL AID PROGRAMS AND OTHER PROGRAMS WITH THE DEPARTMENT OF EDUCATION. EUROPE (ITALY) 1 7 PROGRAM SERVICES THE SPRING HILL COLLEGE ITALY CENTER IN BOLOGNA, ITALY OFFERS SUMMER, SEMESTER, OR YEAR OF STUDY PROGRAMS FOR STUDENTS INTERESTED IN PROGRAMS ABROAD. 597048 1 7 0 0 1 7 597048 0 597048 0 0 0 0 0 0 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 60720TCE7 2004-06-17 34744889 FINANCE THE RENOVATION OF VARIOUS BUILDINGS AND CONSTRUCT A RESIDENCE HALL 0 0 0 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 NONEAVAIL 2010-12-22 22500000 TO PROVIDE FUNDS TO REFINANCE BONDS ISSUED 6/27/07 0 0 0 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 NONEAVAIL 2011-01-07 26000000 TO PROVIDE FUNDS TO REFINANCE BONDS ISSUED 6/17/04 AND 6/27/07 0 0 0 SPRING HILL COLLEGE EDUCATIONAL AUTHORITY OF MOBILE 631158514 NONEAVAIL 2011-07-28 2670000 TO PROVIDE FUNDS TO REFINANCE BONDS ISSUED 8/27/91, 5/30/08, AND 6/28/11 0 0 0 15750000 35799546 501734 35297812 2007 0 0 1 1 250000 22500000 213659 22286341 2011 1 0 1 1 760000 26000000 26000000 2011 1 0 1 1 121592 2670000 27254 621 2642125 2011 1 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 REGIONS BANK 4.800000000000 0 0 0 0 1 0 1 1 COMPASS BANK 4.900000000000 1 0 0 0 1 0 1 1 COMPASS BANK 4.500000000000 1 0 0 0 1 X 1 541945 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE 990 IS FILED IT MUST BE REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE THOROUGHLY REVIEWS THE FORM TO ENSURE ALL REQUIRED INFORMATION THAT IS APPLICABLE TO THE COLLEGE HAS BEEN INCLUDED. IT IS MADE AVAILABLE TO THE ENTIRE BOARD. ONCE APPROVED IT IS RETURNED TO THE PREPARER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO OFFICERS, TRUSTEES AND KEY EMPLOYEES AND REGULARLY INQUIRES OF THEM REGARDING RELATED PARTY TRANSACTIONS OR OTHER ACTIVITY THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST; UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES SETS AND APPROVES COMPENSATION AMOUNTS FOR KEY EMPLOYEES AND OFFICERS. ALL COMPENSATION AMOUNTS ARE BASED ON AND COMPARED TO SALARIES OF COMPARABLE JESUIT COLLEGES AND OTHER SMALL PRIVATE COLLEGES AND UNIVERSITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE COLLEGE MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO BONDHOLDERS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -575,131. UNREALIZED LOSS ON TRUSTS HELD BY THIRD PARTY -1,016,071. NET LOSS ON INTEREST RATE SWAP -897,648. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 80,029. PRIOR PERIOD ADJUSTMENT -172,487. TOTAL TO FORM 990, PART XI, LINE 5: -2,581,308. SHC PROPERTIES LLC 4000 DAUPHIN STREET MOBILE AL 36608 630302179 EDUCATIONAL PURPOSES AL SPRING HILL COLLEGE FOUNDATION REGIONS BANK PO BOX 2527 MOBILE AL 36652 636044261 HOLD ASSETS IN TRUST WHOSE ONLY INCOME BENEFICIARY IS SPRING HILL COLLEGE AL 501(C)(3) 509(A)(3) TYPE III 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0