2012-06-28T15:17:30-05:00 2011-08-31 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKESTE 400 PLYMOUTH MTG PA 19462 990 2010-09-01 751596658 PARKER UNIVERSITY PARK 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR FABRIZIO MANCINI 9724386932 2012-06-27 1 STEVE ROSACPA 2156433900 2010 2016-02-24 21:20:13Z DR FABRIZIO MANCINI 2540 WALNUT HILL LANE DALLAS TX 752295612 46821808 0 X WWW.PARKER.EDU X 1982 TX CHIROPRACTIC EDUCATION 15 15 530 0 331004 -27024 946470 1095384 27388420 26037517 1231781 1633869 759719 779569 30326390 29546339 380311 588962 0 0 18749699 18869199 0 0 520999 9765658 9938529 28895668 29396690 1430722 149649 39469639 39677753 3883811 3801378 35585828 35876375 X THE UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS TO BE LEADERS IN EDUCATION, RESEARCH, AND SERVICE AS PRIMARY CARE PHYSICIANS AND GATEKEEPERS FOR DIRECT ACCESS TO THE HEALTH DELIVERY SYSTEM. 0 0 11085267 150236 21474605 PARKER UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS. 2494465 0 2751515 POSTGRADUATE EDUCATION: THE UNIVERSITY HOLDS EDUCATIONAL SEMINARS TO ASSIST DOCTORS IN MEETING THE REQUIREMENTS OF NATIONAL AND STATE BOARDS OF CHIROPRACTIC. SEMINARS ARE ALSO HELD TO ASSIST DOCTORS IN DAILY OPERATIONS OF THEIR OFFICES. 1060057 13384 24632 RESEARCH: CHIROPRACTIC RESEARCH IS AN IMPORTANT COMPONENT OF ACADEMIC ACTIVITY AT THE UNIVERSITY AND THEREFORE IS THE SOURCE OF CONTENT FOR QUALITY INSTRUCTIONAL PROGRAMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO CONDUCT, PRESENT AND PUBLISH RESEARCH RELATED TO CHIROPRACTIC. 6681283 425342 1786765 AS STUDENTS DEVELOP A BETTER UNDERSTANDING OF PARKER'S PRINCIPLES, THE NOTION OF SERVICE TO THE COMMUNITY IS PARAMOUNT. THE UNIVERSITY OPERATES CHIROPRACTIC AND MASSAGE CLINICS WHICH PROVIDE DISCOUNTED OR FREE HEALTH SERVICES TO PATIENTS IN NEED OF TREATMENT. STUDENT INTERNS GAIN HANDS-ON EXPERIENCE IN THESE CLINICS, ALONG WITH AN INTRINSIC UNDERSTANDING OF HOW TREAT, CARE FOR, AND OFFER EMPATHIC SERVICE TO OTHERS. 6681283 425342 1786765 21321072 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 313 0 1 530 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X PARKER UNIVERSITY BUSINESS OFFICE 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 BILL NARDIELLO 2.00 X X 0 0 0 DR ANDREW HATCH 2.00 X X 0 0 0 DR CYNTHIA VAUGHN 2.00 X X 0 0 0 DR WRIGHT LASSITER 2.00 X X 0 0 0 DT NGUYEN 2.00 X X 0 0 0 DR PHILIP COOK 2.00 X 0 0 0 JOHN DEALEY 2.00 X 0 0 0 DR JACK DONOVAN 2.00 X 0 0 0 DR J MICHAEL FLYNN 2.00 X 0 0 0 DR RAYMUND KING 2.00 X 0 0 0 DR ROBERT LONGENECKER 2.00 X 0 0 0 DR JONATHAN MORGAN 2.00 X 0 0 0 DR FRANCIS MURPHY 2.00 X 0 0 0 DR STACEY OLSON 2.00 X 0 0 0 DR VINCENT SCHEFFLER 2.00 X 0 0 0 DR FABRIZIO MANCINI 40.00 X 565989 0 140930 DR GERY HOCHANADEL 40.00 X 0 0 0 DAVID GARAFOLA 40.00 X 0 0 0 ANTHONY BOUDREAU 40.00 X 250868 0 21023 JESSE GREEN 40.00 X 247055 0 23686 DR KENNETH THOMAS 40.00 X 345258 0 19700 DR GILLES LAMARCHE 40.00 X 268864 0 15337 JOLYNNE JENSEN 40.00 X 23077 0 0 DR GENE GIGGLEMAN 40.00 X 184181 0 19919 DR RON RUPERT 40.00 X 141093 0 12381 DR LAWRENCE STOLAR 40.00 X 137386 0 12428 BARBARA JINDRA 40.00 X 129871 0 11493 MATTHEW EISERLOH 40.00 X 123474 0 14779 VICTOR BALLESTEROS 40.00 X 110631 0 18755 2527747 0 310431 14 0 1 0 TRIAD RSC LLC 2636 WALNUT HILL LANE STE 207 DALLAS TX 75229 RESTAURANT SERVICE 291027 PARKER PROPERTIES 1100 LTD 1200 LAKESIDE SUITE 350 FLOWER MOUND TX 75028 RENTAL SERVICES 135357 JONES ALLEN FUQUAY LLP 8828 GREENVILLE AVENUE DALLAS TX 75243 LEGAL 102295 3 19250 130986 945148 139400 1095384 TUITION AND FEES 611310 24958351 24958351 EDUCATIONAL CLINICS 611310 1100349 1100349 RESEARCH GRANTS 611310 11248 11248 -32431 -32431 26037517 751317 751317 76722 120154 -43432 -43432 -43432 15901261 12890 15017799 13800 883462 -910 882552 882552 61538 19250 82633 -21095 -21095 2840672 2041083 799589 331004 468585 OTHER PROGRAMS 611310 44507 44507 44507 29546339 26037517 331004 2082434 588962 588962 2498003 590029 1394276 513698 13404562 10661962 2891970 -149370 487417 428001 109448 -50032 1414141 1216271 180956 16914 1065076 804317 239379 21380 149235 149235 101660 101660 66000 66000 186436 186436 205871 24752 181119 723814 396813 327001 911872 631784 257231 22857 454520 327670 126850 29017 29017 1648704 811447 822072 15185 340321 166176 150861 23284 25684 18808 6876 1929605 1712717 206320 10568 241692 241692 ADMINISTRATIVE ALLOCATI 903636 903636 SEMINAR EXPENSE 706406 689392 17014 STUDENT LIFE 560647 442249 29630 88768 CLINIC FREE CARE 279691 50665 229026 DUES AND SUBSCRIPTIONS 265517 108710 154823 1984 208201 717694 -515256 5763 29396690 21321072 7554619 520999 1523344 1378160 1033881 764746 212506 127199 249481 187550 1069077 1385150 444185 444364 30881650 21490923 9901830 9390727 24461959 25448065 573376 551792 39469639 39677753 1687594 1814393 1209334 1158969 276529 210503 710354 617513 3883811 3801378 X 33665536 34156112 1522723 1283110 397569 437153 35585828 35876375 39469639 39677753 X 149649 140898 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 66000 66000 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: THE UNIVERSITY USES A LOBBYIST IN AUSTIN TEXAS. THEY SPEAK TO THE MEMBERS OF THE TEXAS LEGISLATURE IN ORDER TO GAIN SUPPORT FOR LEGISLATION DIRECTLY RELATED TO PARKER UNIVERSITY OR RELATED TO INSSUES IN FURTHERANCE OF CHIROPRACTIC IN GENERAL. 454323 39584 2682 -4000 492589 402135 50212 5976 -4000 454323 362332 37932 6871 -5000 0 402135 0.85000 0.15000 0 0 1294500 1294500 19945891 14878399 5067492 9090824 6181807 2909017 550435 430717 119718 9390727 OTHER PAYABLES 184436 OTHER LONG TERM LIABLIITIES 433077 617513 29546339 29396690 149649 140898 140898 290547 31183434 140898 2243870 2384768 28798666 186436 561237 747673 29546339 30892887 2243870 2243870 28649017 186436 561237 747673 29396690 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLORSHIPS TO CURRENT AND INCOMING STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY AS A RESULT OF THE APPLICTION OF THIS STANDARD. THE UNIVERSITY FILES AS A TAX-EXEMPT ORGANIZATION. THE UNIVERSITY'S TAX RETURNS FOR FISCAL YEAR ENDED 2008, 2009 AND 2010 ARE SUBJECT TO REVIEW BY THE IRS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 120,154. COST OF GOODS SOLD 2,041,083. SPECIAL EVENTS EXPENSE 82,633. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 561,237. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 120,154. COST OF GOODS SOLD 2,041,083. SPECIAL EVENTS EXPENSE 82,633. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 561,237. 1 1 0 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 WE HAVE NOT PUBLICIZED OUR POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. IT IS INCLUDED IN WRITTEN COMMUNICATION WITH THE PUBLIC DEALING WITH STUDENT'S ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FINANCIAL AID FUNDS AND STATE FINANCIAL AID FOR ITS STUDENTS. 1 MEXICO 1 1 PROGRAM SERVICE CHIROPRACTIC INTERNSHIPS 93830 COLUMBIA 1 1 PROGRAM SERVICE CHIROPRACTIC INTERNSHIPS 218938 2 2 0 0 2 2 312768 0 312768 0 0 0 0 0 0 RESEARCH GALA 80788 19250 61538 4840 24878 30505 22410 80788 19250 61538 4840 24878 30505 22410 82633 -21095 1 STUDENT TUITION GRANTS 42 588962 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY HAS A SCHOLARSHIP COMMITTEE THAT SELECTS ALL SCHOLARSHIP RECIPIENTS. THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS BASED ON NEED. X X X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 DR FABRIZIO MANCINI 378705 0 95611 0 91673 0 122722 0 18208 0 706919 0 0 0 ANTHONY BOUDREAU 179929 0 30754 0 40185 0 10796 0 10227 0 271891 0 0 0 JESSE GREEN 179919 0 30754 0 36382 0 10795 0 12891 0 270741 0 0 0 DR KENNETH THOMAS 242492 0 41448 0 61318 0 14550 0 5150 0 364958 0 0 0 DR GILLES LAMARCHE 179929 0 30754 0 58181 0 10796 0 4541 0 284201 0 0 0 DR GENE GIGGLEMAN 170286 0 1360 0 12535 0 10217 0 9702 0 204100 0 0 0 DR RON RUPERT 133674 0 1360 0 6059 0 8021 0 4360 0 153474 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED $20,000 FOR TRAVEL AND $35,000 FOR HOUSING TO DR. MANCINI DURING THE FISCAL YEAR. PART I, LINES 4A-B ANTHONY BOUDREAU - SEVERANCE - $105,974 JESSE GREEN - SEVERANCE - $93,492 DR. FABRIZIO MANCINI - 457 PLAN - $100,000 ANTHONY BOUDREAU - 457 PLAN - $35,810 JESSE GREEN - 457 PLAN - $30,150 DR. KENNETH THOMAS - 457 PLAN - $30,058 DR. GILLES LAMARCHE - 457 PLAN - $30,150 X MEDICAL EQUIPMENT 3 139400 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE UNIVERSITY'S FORM 990 WILL BE SENT TO THE BOARD AT LEAST 30 DAYS BEFORE FILING. EACH MEMBER WILL BE INSTRUCTED TO REVIEW AND FORWARD ANY QUESTIONS OR CONCERNS TO UNIVERSITY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BYLAWS PROHIBIT THE TRUSTEES FROM PARTICIPATING IN DECISIONS WHEN THEY HAVE A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK APPLIES TO ALL EMPLOYEES AND PROHIBITS CONTRACTS BETWEEN THE UNIVERSITY AND ANY FIRM OR INDIVIDUAL IN WHICH AN EMPLOYEE HAS A MATERIAL FINANCIAL INTEREST. TO MONITOR THE PRESENCE OF ANY CONFLICTS, THE TRUSTEES, THE PRESIDENT, THE VICE PRESIDENTS, THE GENERAL COUNSEL, DEPARTMENT DIRECTORS, AND EMPLOYEES IN PURCHASING AND FINANCIAL AID MUST ANNUALLY COMPLETE A FORM TO DISCLOSE ANY CONFLICT OF INTEREST. EMPLOYMENT AGREEMENTS ALSO REQUIRE THAT SOME EMPLOYEES 1) DISCLOSE CONFLICTS OF INTEREST AND 2) REFRAIN FROM PARTICIPATING IN DECISIONS CONCERNING THAT SUBJECT. THE DISCLOSURE FORMS OF TRUSTEES ARE REVIEWED BY THE GENERAL COUNSEL. THE DISCLOSURE FORMS OF EMPLOYEES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES. IF ADDITIONAL ACTION IS NECESSARY TO EVALUATE THE CONFLICT OR TO PREVENT THAT TRUSTEE OR EMPLOYEE FROM PARTICIPATING IN DECISIONS INVOLVING THAT CONFLICT OF INTEREST, THE DIRECTOR OF HUMAN RESOURCES MAY SEEK ASSISTANCE FROM THE VICE PRESIDENT OF BUSINESS OR THE GENERAL COUNSEL. IF NECESSARY, THE VICE PRESIDENT OR GENERAL COUNSEL MAY SEEK ASSISTANCE FROM THE PRESIDENT OR THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE BOARD OF TRUSTEES. THE PRESIDENTIAL REVIEW COMMITTEE WORKS WITH AN INDEPENDENT CONSULTANT AND MAKES RECOMMENDATION TO ENTIRE BOARD. THE BOARD OF TRUSTEES IS CURRENTLY INTERVIEWING INDEPENDENT CONSULTANTS FOR A REVIEW IN 2012. COMPENSATION FOR EXECUTIVE MEMBERS OF THE ORGANIZATIONS HAS HISTORICALLY BEEN CONDUCTED AT THE SAME TIME THE PRESIDENT'S COMPENSTION IS REVIEWED. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2007. THE BOARD OF TRUSTEES IS CURRENTLY INTERVIEWING INDEPENDENT CONSULTANTS FOR A REVIEW IN 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 140,898. PART XII, LINE 2C THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE ANNUAL AUDIT.