2013-11-11T11:51:39-08:00 2013-06-30 Hoskins & Company PC 1900 Church Street Suite 200 Nashville TN 37203 990 2012-07-01 620570060 LANE COLLEGE LANE 7314267539 545 LANE AVENUE JACKSON TN 38301 DR WESLEY MCCLURE 2013-11-11 true Harvey E Hoskins CPA P00290898 6153217333 2012 2016-02-24 21:20:13Z 25271973 false false X http://www.lanecollege.edu/ X 1909 TN LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. 25 24 298 0 6622616 5796185 23600436 18868594 106240 132626 297112 240620 30626404 25038025 717768 849357 0 14633585 12580975 0 37633 14324998 12209899 29676351 25640231 950053 -602206 60947910 59402214 30529821 29449149 30418089 29953065 LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. false false 22082533 849357 18995268 LANE COLLEGE IS AN INSTITUTE OF HIGHER EDUCATION AND PROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATING STUDENTS. 22082533 true false false false false false false false false true true true false true true false true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false true 0 0 false 298 true false false false false false false false false 0 false false false false false false false false false false X 25 24 false false false false false false false true true false false true true true true false false true true false X X MELVIN HAMLETT 7314267539 545 LANE AVENUE JACKSON TN 38301 MrJesse J Tyson 5.00 0.00 X 0 0 0 Rev Charles E Winfrey Jr 5.00 0.00 X 0 0 0 Bishop Lawrence L Reddick III 5.00 0.00 X 0 0 0 Mr Joshua Crenshaw 5.00 0.00 X 0 0 0 Dr Satish Mahajan 5.00 0.00 X 0 0 0 Dr Mose Y Brooks Hooks 5.00 0.00 X 0 0 0 Mr Franklin D West 5.00 0.00 X 0 0 0 Mr William J Hamilton 5.00 0.00 X 0 0 0 Dr Lasimba Gray 5.00 0.00 X 0 0 0 Dr Clarence E Gooch 5.00 0.00 X 0 0 0 Dr William E George 5.00 0.00 X 0 0 0 Rev William Gant 5.00 0.00 X 0 0 0 Rev Larry W Ross 5.00 0.00 X 0 0 0 Dr Warner Dickerson 5.00 0.00 X 0 0 0 Dr Phedonia Jones Johnson 5.00 0.00 X 0 0 0 Dr Louis E Cunningham 5.00 0.00 X 0 0 0 Dr Carmichael Crutchfield 5.00 0.00 X 0 0 0 Ms Jesse N Carpenter 5.00 0.00 X 0 0 0 Dr Jacqueline Burton 5.00 0.00 X 0 0 0 Bishop Thomas L Brown SR 5.00 0.00 X 0 0 0 Ms Jeannie D Bond 5.00 0.00 X 0 0 0 Dr Tyrone Davis 5.00 0.00 X X 0 0 0 Dr Bryan L Champion 5.00 0.00 X X 0 0 0 Mr Harold Byrd 5.00 0.00 X X 0 0 0 DrWesley C McClure 50.00 0.00 X X 221372 0 0 221372 1 false true false THE BRANTLEY GROUP 118 ALLEN AVENUE JACKSON TN 38301 CONTRACTOR 217062 OSEMAN INSURANCE AGENCY 6750 POPLAR SUITE 410 GERMANTOWN TN 38138 STUDENT INSURANCE 312527 GOURMET SERVICES 82 PIEDMONT AVENUE ATLANTA GA 30303 FOOD SERVICES 1782289 GOLDEN CIRCLE INSURANCE P O BOX 293 BROWNSVILLE TN 38012 P & C INSURANCE 388653 CYNTHIA MANUEL INDUSTRIAL P O BOX 34 PINSON TN 38366 CLEANING SERVICES 2288000 5 4961091 835094 5796185 Student tuition and fees 611710 13552939 13552939 Auxiliary Enterprises 611710 5315655 5315655 18868594 132910 132910 0 0 0 284 -284 -284 -284 0 0 126674 233664 -106990 -106990 OTHER SERVICES 611710 39862 39862 Nonmandatory transfers 611710 204514 204514 Indirect Cost Reimb. 611710 82881 82881 20353 20353 347610 25038025 19216204 25636 X 0 849357 849357 0 0 221372 64198 119541 37633 0 10619517 8738399 1881118 0 1037685 873995 163690 702401 586249 116152 0 0 180448 5000 175448 0 0 0 4823032 4585362 237670 0 0 0 0 0 262836 225111 37725 0 108024 108024 1276281 1055932 220349 0 1724704 1426935 297769 0 EQUIPMENT RENTALS & MAINTENAN. 251819 196070 55749 OTHER EXPENSES 319989 272072 47917 Insurance, licenses, and taxes 754539 747783 6756 UTILITIES 1180812 1173321 7491 1327415 1174725 152690 25640231 22082533 3520065 37633 4172032 4039460 0 1628518 1179847 160377 199686 0 0 359555 233779 347446 311909 605823 652448 63818979 21172499 44026874 42646480 0 3238331 3846596 0 0 6408954 6292009 60947910 59402214 2503067 1380625 33363 19408 27915363 27915361 100000 78028 33755 30529821 29449149 X 28063292 27456213 767420 814817 1587377 1682035 30418089 29953065 60947910 59402214 -602206 137182 X false true X true true true X 2120785 46938 62661 2230384 1513228 560604 46953 2120785 1408310 29375 75543 1513228 0.75000 0.25000 true false false 823947 823947 48559276 12199989 36359287 2134717 489891 1644826 12301039 8482619 3818420 42646480 3846596 Restricted Deposits & funded Reserves 1612015 Notes Receivables 133118 loan Financing Cost 2212343 Loan Escrow Deposits 1277497 Deposits 37000 6292009 Deposit held in custody for others 1628 Deposit & Other Liabilities 32127 33755 24188668 -849357 -849357 25038025 25038025 25024538 233664 233664 24790874 849357 849357 25640231 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S STUDENT ASSISTANCE $849357 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S Purchases of books $212971 Purchase for resale $20693 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Provide Scholarships. true true true true true true true false false false false false false false false true false true true 0 0 Grantmaker's Description of How Grants are Used THE COLLEGE HAS A VERY EXTENSIVE APPLICATION FOR FINANCIAL AID WHICH IS CONSISTENTLY MONITORED AND SUBJECTED TO EXTERNAL AUDITS. X false false false false false false false false false false DrWesley C McClure 221372 221372 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon Request. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process Reviewed by Audit and Finance Committee.