2012-09-28T12:42:47-07:00 2012-05-31 990 2011-06-01 850164940 UNIVERSITY OF THE SOUTHWEST UNIV 5753926561 6610 N Lovington Hwy Hobbs NM 882409120 Gary Dill 5753926561 2012-09-28 2011 2016-02-24 21:20:13Z Gary Dill 6610 N Lovington Hwy Hobbs NM 88240 10221547 0 X www.usw.edu X 1958 NM University of the Southwest is a Christ-centered educational community dedicated to developing men and women for a lifetime of servant leadership by emphasizing faith, responsibility, and initiative. 25 23 184 80 0 0 2208668 2329016 6311608 7810801 41683 32135 17160 11947 8579119 10183899 1614798 1737259 0 0 3948304 4229535 0 0 164267 3771676 5661346 9334778 11628140 -755659 -1444241 22755234 21768056 4605178 5064010 18150056 16704046 University of the Southwest is a Christ-centered educational community dedicated to developing men and women for a lifetime of servant leadership by emphasizing individual faith, responsibility and initiative. 0 0 6096348 1577986 3926699 Undergraduate educational programs serving 312 students 4126142 80613 2657676 Graduate educational programs serving 320 students 474625 78660 1124711 Residence halls and student meal programs serving 185 students 157914 0 101714 Miscellaneous Education Related Program Service Revenue 157914 0 101714 10855029 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 19 0 1 184 1 0 0 0 0 1 1 1 1 0 0 0 0 X 25 23 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Dee Mooney CFO 5753926561 6610 N Lovington Hwy Hobbs NM 882409120 Nancy Shaw 2 X 0 0 0 David Pyeatt 2 X 0 0 0 Heather Evans 1 X 0 0 0 Gary Fonay 3 X 0 0 0 Sandra Newell 1 X 0 0 0 Debra Hicks 2 X 0 0 0 Samuel Spencer Jr 2 X 0 0 0 Stacy Maclaskey 1 X 0 0 0 Cliff Brunson 2 X 0 0 0 Cindy Bryan 1 X 0 0 0 Brad Caress 1 X 0 0 0 Laura Castillo 1 X 0 0 0 Christopher Driskill 2 X 0 0 0 Richard Dunham 1 X 0 0 0 Gary Sims 2 X 0 0 0 Alita Slate 2 X 0 0 0 Michael Whitehead 1 X 0 0 0 Shannon Duncan 1 X 0 0 0 Gary Eidson 1 X 0 0 0 Larry Scott 1 X 0 0 0 Gregory OD Smith 1 X 0 0 0 Judy Britton 1 X 0 0 0 Ken Bromley 1 X 0 0 0 Suzie Brown 1 X 0 0 0 Will Hawkins 1 X 0 0 0 George Klein 1 X 0 0 0 Finn Smith 1 X 0 0 0 Paula Smith 1 X 0 0 0 Gary Dill 40 X 129583 0 50340 Dee Mooney 40 X 105225 0 29753 Dennis Atherton 40 X 58484 0 16423 David Arnold 40 X 76520 0 15242 Brad Moser 40 X 38601 0 16087 Mike Galvan 40 X 55972 0 5829 Jordan Bodine 40 X 47141 0 7193 Tom Mulkey 40 X 35164 0 14316 James Smith 40 X 43711 0 9193 Marily Smith 40 X 90328 0 15864 Mike Westbrook 40 X 93127 0 13133 Marianne Westbrook 40 X 98551 0 14195 872407 0 207568 5 0 1 0 0 0 75350 109090 152459 1992117 0 2329016 Undergraduate Tuition & Fees 611310 3926699 3926699 0 0 Graduate Tuition & Fees 611310 2657676 2657676 0 0 Residence Halls and Meal Plans 721310 1124712 1124712 0 0 101714 101714 0 0 7810801 32135 32135 0 0 0 0 0 0 39295 39295 0 0 0 0 0 0 10300 75350 37648 -27348 0 -27348 0 10183899 7882231 0 -27348 0 0 1737259 1737259 0 0 0 0 743313 425731 263984 53598 2687535 2473171 158671 55693 111517 103843 5239 2435 434810 374314 45968 14528 252360 215691 28955 7714 0 0 0 0 4361 0 4361 0 34073 0 34073 0 0 2798062 2790261 6500 1301 115296 113818 0 1478 93797 73212 11445 9140 273169 273169 0 0 683305 683305 0 0 263327 246086 11351 5890 20709 10456 9750 503 582732 582732 0 0 72327 67777 3185 1365 Food Service 372156 372156 0 0 Program Supplies 164285 158741 768 4776 Other Expenses 158197 127757 24594 5846 FF&E-Non-capitalized 25550 25550 0 0 11628140 10855029 608844 164267 15621 10625 2503999 2047138 99532 42440 19227 91735 0 0 0 0 0 0 0 0 29880 51798 25890386 7004588 19468530 18885798 618445 638522 22755234 21768056 370724 553434 149120 204867 4077973 4299072 7361 6637 4605178 5064010 X 3850862 2938523 13718993 13185322 580201 580201 18150056 16704046 22755234 21768056 X -1444241 -1769 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 0 0 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The University pays membership dues to several state, regional and national professional organizations (NAICU, NAIA, NACUBO, NASFA, CIC, NMIC, CCCU, etc.) consisting of numerous colleges and universities. Some of the professional organizations include varying degrees of lobbying activities in their overall focus. 4519616 19575 175651 25214 133444 37 4556147 3857080 8500 765333 0 111069 228 4519616 3286138 109161 575168 0 113202 185 3857080 4342435 10695 -878089 36128 127062 25713 3286138 0.66 0.34 0 1 1 1 0 124855 124855 0 22579892 4939009 17640883 0 0 0 0 0 1852862 892499 960363 0 1332777 1173080 159697 18885798 0 Funds held for student organizations 6637 6637 10183899 11628140 -1444241 -1769 0 0 0 0 -1769 -1446010 8482519 -1769 0 0 37648 35879 8446640 0 1737259 1737259 10183899 9928529 0 0 0 37648 37648 9890881 0 1737259 1737259 11628140 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University uses the earnings from the endowed funds to award scholarships to students or fund the operations of the University in accordance with the intent of the donor. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Direct expenses of fundraising event SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Tuition discounts SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Direct expenses of fundraising event SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Tuition discounts 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The University catalog, which includes the racially nondiscriminatory policy, is posted on the University website. The policy has also been published in the local newspaper. Media efforts encourage inquiries from all interested parties. Recruiting efforts target all racial populations. University of the Southwest has been clasified as a Hispanic-serving institution by the US Department of Education. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Students attending University of the Southwest are eligible to receive Federal Title IV financial assistance administered through the University. New Mexico residents attending the University are eligible to receive financial assistance from the State of New Mexico administered through the University. Free Enterprise Dinner 85650 75350 10300 0 0 0 7001 18000 12647 0 0 85650 75350 10300 0 0 0 7001 18000 12647 37648 -27348 1 Tuition grants and scholarships 439 224506 1512753 Actual award amount Unfunded tuition discounts SchI_P01_S00_L02 Schedule I, Part I, Line 2 Financial assistance programs at the University are funded through a variety of sources. It is intended that the various financial assistance programs be used to recognize academic, athletic, servant leadership, and special achievement; meet financial needs; or provide self-help opportunities through student work-study programs and parent/student loans. While it is not possible to guarantee that funding will be available for every needy applicant, the financial assistance programs at the University are designed to help cover the difference between the direct cost of attending the University and the student's own resources. Each application is reviewed based on an individual assessment in order to determine the type of resources that will best serve the student. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Gary Dill 129583 0 0 0 5306 0 26459 0 18575 0 179923 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The University paid the monthly dues for the President to be a member of the local country club. The Board of Trustees considered this membership important to the President effectively representing the University in the local community. The membership was used primarily for University business. J F Maddox Foundation Construction of Residence Hall X 7000000 7000000 0 1 1 7000000 Lea County State Bank A member of the Board of Trustees is a stockholder and officer of the bank 1671851 Total deposits as of May 31, 2012 0 Daniels Insurance Inc A member of the Board of trustees is an agent representing the University 123210 Insurance premiums paid 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 A member of the Board of Trustees is the spouse of a member of the University of the Southwest Foundation Board of Directors. Two members of the Board of Trustees are partners in a business venture. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The decision of the Board of Trustees regarding the distribution of assets in the event of dissolution of the organization must be approved by the J. F Maddox Foundation. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Audit and Finance Committee of the Board of Trustees and an electronic copy of the completed Form 990 is made available to all members of the Board of Trustees prior to filing the return. Discussion regarding the Form 990 is included on the agenda for the annual meeting of the Board of Trustees. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Consistent with the institution's established "conflict of interest" policy, all trustees, directors, and officers self-disclose conflicts annually. In addition, as specified in the policy, trustees, directors, and officers recuse themselves are/or recused from decisions relating to areas of possible or perceived coflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Comparable data is consulted in establishing salary ranges. In no circumstance is any officer or key employee compensated at a rate exceeding peer institutions. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 All governing documents, conflict of interest policy, and financial statements are available upon request from the office of the university president. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized loss on investments University of the Southwest Foundation 6610 N Lovington Hwy Hobbs NM 88240 237424724 Support the mission and operations of University of the Southwest NM 501(c)(3) Type III-Other N/A 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 University of the Southwest Foundation c 136142 Annual distribution from earnings of endowments based upon an established spending policy as approved and enacted by the Board of Directors of the University of the Southwest Foundation. The current spending policy is 4% of a four-year average market value.