HOWARD PAYNE UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HOWARD PAYNE UNIVERSITY (EIN 75-0800653)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2012-04-03
- IRS object ID
- 201200949349300410
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-03T07:59:54-07:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Davis Kinard & Co PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Pine St Ste 600 | AddressLine1 |
| City | Abilene | City |
| State | TX | State |
| ZIP Code | 79601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750800653 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Howard Payne University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOWA | NameControl |
| Phone | 3256462502 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Fisk Street | AddressLine1 |
| City | Brownwood | City |
| State | TX | State |
| ZIP Code | 76801 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Brenda McLendon | Name |
| Title | VP Finance | Title |
| Date Signed | 2012-04-02 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert Womack CPA | Name |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 28147503 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.hputx.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1889 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO HONORING CHRIST AND HIS CHURCH BY PROVIDING AN EDUCATIONAL EXPERIENCE THAT INTEGRATES FAITH LEARNING AND LIVING IN A TRADITIONAL RESIDENTIAL ACADEMIC COMMUNITY WHERE RELATIONSHIPS ARE NURTURED AND INDIVIDUALS MATTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 664 | TotalNbrEmployees |
| Total Nbr Volunteers | 70 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2549154 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2503972 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 19151900 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 22411009 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2537972 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2873949 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 24239026 | TotalRevenuePriorYear |
| Total Revenue Current Year | 27788930 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5807168 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6891023 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10479341 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11363734 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 562172 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9332703 | OtherExpensePriorYear |
| Other Expenses Current Year | 9515159 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 25619212 | TotalExpensesPriorYear |
| Total Expenses Current Year | 27769916 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1380186 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 19014 | RevenuesLessExpensesCY |
| Total Assets BOY | 83451966 | TotalAssetsBOY |
| Total Assets EOY | 89395492 | TotalAssetsEOY |
| Total Liabilities BOY | 15081537 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14812483 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 68370429 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 74583009 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO HONORING CHRIST AND HIS CHURCH BY PROVIDING AN EDUCATIONAL EXPERIENCE THAT INTEGRATES FAITH LEARNING AND LIVING IN A TRADITIONAL RESIDENTIAL ACADEMIC COMMUNITY WHERE RELATIONSHIPS ARE NURTURED AND INDIVIDUALS MATTER. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 14651112 | Expense |
| Grants | 6891023 | Grants |
| Revenue | 18908768 | Revenue |
| Description | PROVIDING POST SECONDARY EDUCATIONAL INSTRUCTION TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4743849 | Expense |
| Description | PROVIDE STUDENT SERVICES TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3012202 | Expense |
| Revenue | 3327641 | Revenue |
| Description | PROVIDE AUXILIARY ENTERPRISES (HOUSING, FOOD SERVICE) TO APPROXIMATELY 1,250 STUDENTS SEEKING A DEGREE IN HIGHER EDUCATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1179339 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 174600 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 23586502 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 115 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 664 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Brenda McLendon VP Finance | NamePerson |
| Telephone Number | 3256498055 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Fisk Street | AddressLine1 |
| City | Brownwood | City |
| State | TX | State |
| ZIP Code | 76801 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|
| Brent Marsh | ||||||
| VP Student Life | 40.00 | X | 75155 | 0 | 9148 | |
| Paul Dunne | ||||||
| VP Development | 40.00 | X | 53705 | 0 | 4281 | |
| Brad Johnson | ||||||
| VP Advancement | 40.00 | X | 95000 | 0 | 21965 | |
| William Tew | ||||||
| Provost & CAO | 40.00 | X | 106450 | 0 | 20737 | |
| Brenda McLendon | ||||||
| VP Fin & Admin | 40.00 | X | 116875 | 0 | 19933 | |
| William Ellis | ||||||
| President | 40.00 | X | 190000 | 0 | 46882 | |
| Jack Tompkins | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Jane Witcher | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Walter Wilson | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Leonard Underwood | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Michael Toby | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Clinton Stewart | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Carter Sharpe | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Joyce Rowe | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Roy Robb | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Nancy Pryor | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Marlon Prichard | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Arnold Oliver | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Kay Nettleship | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Sarah McAlpine | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Ronny Marriott | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Charles Maddin | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| David Lowrie | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Al Lock | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Max Johnson | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| E Nell Hoffman | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Brad Helbert | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Iva Hamilton | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Sharon Guthrie | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Wayne Grant | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Dale Gore | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Wendell Gamel | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Steve Ellis | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Mickey Eddins | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| John Duncan | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Jeremy Denning | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Robert Carter | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Jimmy Carmichael | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Flora Andrade | ||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 637185 | TotalReportableCompFromOrg |
| Total Other Compensation | 122946 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TWG Plus | |||||
| 4129 Commerical Center Drive | Austin | TX | 78744 | Student Loan Process | 124139 |
| Baptist Foundation of Texas | |||||
| 1601 Elm St 1700 | Dallas | TX | 75201 | Investments | 224585 |
| First Financial Administrators | |||||
| PO Box 670329 | Houston | TX | 77267 | Flex Plan Admin. | 292822 |
| Grimsley Electric | |||||
| 2104 Fisk Avenue | Brownwood | TX | 76801 | Construction | 353955 |
| Sodexo Inc & Affiliates | |||||
| PO Box 538922 | Atlanta | GA | 30353 | Food Service | 1318431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 2503972 | AllOtherContributions |
| Total Contributions | 2503972 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Other Revenue | 174600 | 174600 |
| Auxiliary Enterprises | 3327641 | 3327641 |
| Tuition & Fees | 18908768 | 18908768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 22411009 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2944200 | TotalRevenueColumn |
| Exclusion | $2,944,200 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 288322 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 358573 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -70251 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -70251 | TotalRevenueColumn |
| Exclusion | -$70,251 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27788930 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22411009 | RelatedOrExemptFunctionIncome |
| Exclusion | $2,873,949 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6891023 | Total |
| Program Services | 6891023 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 638219 | Total |
| Program Services | 112083 | ProgramServices |
| Management And General | 478892 | ManagementAndGeneral |
| Fundraising | 47244 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8430404 | Total |
| Program Services | 7200759 | ProgramServices |
| Management And General | 1003430 | ManagementAndGeneral |
| Fundraising | 226215 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 465546 | Total |
| Program Services | 362465 | ProgramServices |
| Management And General | 86366 | ManagementAndGeneral |
| Fundraising | 16715 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1149263 | Total |
| Program Services | 908564 | ProgramServices |
| Management And General | 234488 | ManagementAndGeneral |
| Fundraising | 6211 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 680302 | Total |
| Program Services | 524155 | ProgramServices |
| Management And General | 98627 | ManagementAndGeneral |
| Fundraising | 57520 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2480 | Total |
| Management And General | 2480 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29900 | Total |
| Management And General | 29900 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24489 | Total |
| Program Services | 12245 | ProgramServices |
| Management And General | 12244 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 425532 | Total |
| Program Services | 227599 | ProgramServices |
| Management And General | 128807 | ManagementAndGeneral |
| Fundraising | 69126 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 707112 | Total |
| Program Services | 504974 | ProgramServices |
| Management And General | 141940 | ManagementAndGeneral |
| Fundraising | 60198 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 746640 | Total |
| Program Services | 253141 | ProgramServices |
| Management And General | 448017 | ManagementAndGeneral |
| Fundraising | 45482 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498892 | Total |
| Program Services | 416317 | ProgramServices |
| Management And General | 61534 | ManagementAndGeneral |
| Fundraising | 21041 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69698 | Total |
| Program Services | 30743 | ProgramServices |
| Management And General | 26535 | ManagementAndGeneral |
| Fundraising | 12420 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 514509 | Total |
| Program Services | 422791 | ProgramServices |
| Management And General | 91718 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1288227 | Total |
| Program Services | 1150038 | ProgramServices |
| Management And General | 138189 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 346834 | Total |
| Management And General | 346834 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MISCELLANEOUS | 208062 | 100069 | 107993 |
| LIBRARY RESOURCES | 211012 | 211012 | |
| STUDENT EVENTS | 370157 | 370157 | |
| STUDENT FOOD SERVICE | 1386663 | 1386663 | |
| UTILITES/REPAIRS | 2684952 | 2501704 | 183248 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27769916 | Total |
| Program Services | 23586502 | ProgramServices |
| Management And General | 3621242 | ManagementAndGeneral |
| Fundraising | 562172 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7385050 | BOY |
| EOY | 6529594 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1416526 | BOY |
| EOY | 1203802 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 346688 | BOY |
| EOY | 392768 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1495531 | BOY |
| EOY | 1441766 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 269555 | BOY |
| EOY | 268775 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48893693 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14750669 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33990287 | BOY |
| EOY | 34143024 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38407036 | BOY |
| EOY | 45289504 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127752 | BOY |
| EOY | 112718 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13541 | BOY |
| EOY | 13541 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83451966 | BOY |
| EOY | 89395492 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2010859 | BOY |
| EOY | 1633903 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7555000 | BOY |
| EOY | 6920000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1918771 | BOY |
| EOY | 3481300 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 789204 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2807703 | BOY |
| EOY | 2777280 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15081537 | BOY |
| EOY | 14812483 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28224528 | BOY |
| EOY | 28481014 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14458074 | BOY |
| EOY | 20174037 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25687827 | BOY |
| EOY | 25927958 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68370429 | BOY |
| EOY | 74583009 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83451966 | BOY |
| EOY | 89395492 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 19014 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 6193566 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 37290579 | BeginningOfYearBalance |
| Contributions | 504682 | Contributions |
| Investment Earnings Or Losses | 9171033 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2774183 | GrantsOrScholarships |
| End Of Year Balance | 44192111 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 37739902 | BeginningOfYearBalance |
| Contributions | 171300 | Contributions |
| Investment Earnings Or Losses | 3080604 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2500462 | GrantsOrScholarships |
| Other Expenditures | 1200765 | OtherExpenditures |
| End Of Year Balance | 37290579 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47586027 | BeginningOfYearBalance |
| Contributions | 1688724 | Contributions |
| Investment Earnings Or Losses | -8622917 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2911932 | GrantsOrScholarships |
| End Of Year Balance | 37739902 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.40500 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.59000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00500 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2890745 | OtherCostOrOtherBasis |
| Book Value | 2890745 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40377774 | OtherCostOrOtherBasis |
| Depreciation | 11538739 | Depreciation |
| Book Value | 28839035 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 31235 | OtherCostOrOtherBasis |
| Depreciation | 4337 | Depreciation |
| Book Value | 26898 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5049416 | OtherCostOrOtherBasis |
| Depreciation | 3207593 | Depreciation |
| Book Value | 1841823 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 544523 | OtherCostOrOtherBasis |
| Book Value | 544523 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 34143024 | TotalOfBookValueLandBuildings |
| Total Of Book Value Securities | 45289504 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| RESERVE FOR SPLIT-INTEREST LIABILITIES | $1,117,296 |
| DEPOSITS AND OTHER LIABILITIES | $1,659,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2777280 | TotalOfAmounts |
| Total Revenue | 27788930 | TotalRevenue |
| Total Expenses | 27769916 | TotalExpenses |
| Excess Or Deficit For Year | 19014 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 6303091 | NetUnrealizedGLOnInvestments |
| Other | -$109,525 | OtherAmount |
| Total Adjustments | 6193566 | TotalAdjustments |
| Excess Or Deficit Per FS | 6212580 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 34092021 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 6303091 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 6303091 | RevenueNotRptdF990 |
| Revenue Subtotal | 27788930 | RevenueSubtotal |
| Total Revenue Per Form990 | 27788930 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 27879441 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 109525 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 109525 | ExpensesNotRptdF990 |
| Expenses Subtotal | 27769916 | ExpensesSubtotal |
| Total Expenses Per Form990 | 27769916 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | THE UNIVERSITY IS TAX EXEMPT UNDER IRC 501(C)(3) AND IS NOT A "PRIVATE FOUNDATION"; ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE INFORMATIONAL RETURNS (FORM 990) FOR THE YEARS ENDED MAY 31, 2008, 2009 AND 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. ANY TAXES, PENALTIES AND INTEREST ATTRIBUTABLE TO THE UNIVERSITY WOULD BE CLASSIFIED AS INCOME TAXES ON THE STATEMENT OF ACTIVITIES. |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | CHANGE IN SPLIT-INTEREST AGREEMENTS $109525 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ -109525 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | PROVIDE A PERMANENT REVENUE STREAM FOR SCHOLARSHIPS AND ACADEMIC PROGRAMS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Identifier |
| Explanation | ALL SOLICITATIONS FOR STUDENTS CONTAIN A STATEMENT OF THE UNIVERSITY'S RACIALLY NON DISCRIMINATORY POLICY. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships- Higher Edu | TypeOfGrant |
| Number Of Recipients | 1203 | NumberOfRecipients |
| Amount Of Cash Grant | 6891023 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Additional Supplemental Information | Identifier |
| Explanation | FOR ALL SCHOLARSHIP FUNDS, STUDENT FINANCIAL SERVICES HAS ESTABLISHED SPECIFIC CRITERIA IN REGARDS TO ELIGIBILITY AND SELECTION. THE ELIGIBILITY REQUIREMENTS OF THE STUDENTS ARE DOCUMENTED AND MONITORED FOR COMPLIANCE. THE ACTUAL SCHOLARSHIPS ARE CREDITED TO THE STUDENT'S TUITION BILLS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | William Ellis | NamePerson |
| Base Compensation Filing Org | 190000 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 33500 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 13382 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 236882 | TotalCompensationFilingOrg |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Sch J, Part I, Line 1b | Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses | MEMBERSHIPS TO A SOCIAL CLUB ARE PROVIDED TO TOP AND SENIOR MANAGEMENT TO CULTIVATE AND BUILD DONOR RELATIONSHIPS. |
| Sch J, Part I, Line 1a | Part I, Line 1a: Relevant information in regards to selections on 1a. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF HUDSON OAKS TX | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 751902101 | IssuerEIN |
| Date Issued | 2004-07-20 | DateIssued |
| Issue Price | 8650000 | IssuePrice |
| Description Of Purpose | REFINANCING/CAPITAL IMPROV. | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 8650000 | TotalProceeds |
| Issuance Costs From Proceeds | 110000 | IssuanceCostsFromProceeds |
| Capital Expenditures | 8540000 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | true | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Regulatory Safe Harbor Satisfied | false | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE UNIVERSITY'S PRIMARY GOVERNING DOCUMENTS ARE ON FILE WITH THE TEXAS SECRETARY OF STATE AND ARE PUBLICLY AVAILABLE. THE UNIVERSITY IS NOT REQUIRED TO MAKE IS CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS PUBLICLY AVAILABLE. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | COMPENSATION FOR OTHER OFFICERS IS ESTABLISHED BY THE PRESIDENT, BASED ON YEARS EXPERIENCE, PERFORMANCE, AND PUBLISHED AND COMPARABLE DATA OF LIKE POSITIONS IN SIMILAR UNIVERSITIES. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE UNIVERSITY MAINTAINS A BOARD ADOPTED CONFLICT OF INTEREST POLICY. THE UNIVERSITY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY PUBLISHING IT ON THE EMPLOYEE INTRANET, LIMITED BUSINESS DEALINGS WITH RELATED PARTIES, AND DISCOURAGING ACTIVITIES THAT MIGHT BE PERCEIVED A CONFLICT OF INTEREST. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | THE FORM 990 IS PREPARED BY THE CONTROLLER AND REVIEWED BY THE VP OF FINANCE. IT IS THEN SUBMITTED TO A CPA FIRM FOR FURTHER REVIEW AND TO ENSURE COMPLIANCE WITH THE MANY COMPLEXITIES THAT MAKE UP THE 990. THE FORM 990 IS THEN PRESENTED TO THE BOARD OF TRUSTEES' FINANCE COMMITTEE, DURING A REGULARLY SCHEDULED SPRING MEETING. ONCE THE FINANCE COMMITTEE HAS GIVEN THEIR APPROVAL ON THE RETURN, IT IS FILLED WITH THE IRS, BY THE EXTENDED DEADLINE OF APRIL 15TH EACH YEAR. |
| Form 990, Part III, Line 4d | Form 990, Part III, Line 4d : Other Program Services Description | OTHER PROGRAM SERVICES 4: PROVIDE ACADEMIC SUPPORT THROUGH LIBRARY AND VARIOUS ACADEMIC DEPARTMENTS OF THE UNIVERSITY. |
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