2012-03-01T09:37:10-07:00 2011-06-30 990 2010-07-01 590668483 FLORIDA MEMORIAL UNIVERSITY INC FLOR 3054300339 15800 NW 42nd AVENUE MIAMI GARDENS FL 330546155 Tony Valentine 3056263614 2012-03-01 2010 2016-02-24 21:20:13Z Florida Memorial University Inc 15800 NW 42nd Avenue Miami Gardens FL 330546155 44601373 0 X FMUNIV.EDU X 1862 FL EDUCATION 34 28 541 33 0 0 9147961 9915035 34019900 33975887 200131 271082 582201 348269 43950193 44510273 4517939 4542819 0 0 18253655 19020163 0 0 1037051 20095562 18967050 42867156 42530032 1083037 1980241 54595876 76966135 22757403 42051437 31838473 34914698 Education Florida Memorial University endeavors to instill in students the importance of becoming global citizens through life-long learning, leadership, character, and service which will enhance their lives and the lives of others. 0 0 3320734 825062 493459 Student Services Programs: Support services and activities surrounding students. Approx. 1800 students) 2449011 2233764 19589139 Academic Support: Educational Delivery. Genaeral and Other: Support staff (deans, secretaries and administration) to carryout the functional support duties of the instructional unit. (approx 1800 students). 6422220 1656856 1181206 Instructional: Educating students in the liberal arts and sciences to become prodeuctive and contributing members of society. approx. 1800 students. 16905789 834439 7112147 Education, General/Other: Institutional Support. Infrastructure to support the University and carryout it's primary goal of educating students. (1850 students). Includes auxiliary expenses, business & fiscal, and presidents office under Depts. 100, 300, & 500 as well. Also includes student aid & discounts (shown contra-revenue in financial statements). 16905789 834439 7112147 29097754 1 1 0 1 0 1 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 1 541 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 34 28 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X Rodney Sobelson 3054300339 15800 NW 42nd Avenue Miami Gardens FL 330546155 Rev Bartholomew Bart Banks Sr 1 X 0 0 0 Mrs Patricia Carter 40 X 68744 0 10846 Rev Dr R B Holmes Jr 0.50 X 0 0 0 Mr Frederick Fred Jackson 1.00 X 0 0 0 Mr Charles W George Chairman 2 X 0 0 0 Mr Marc T Henderson 0.5 X 0 0 0 Mr Horace C Hord Jr 0.5 X 0 0 0 Dr Mack King Carter 0.5 X 0 0 0 Ms Roberta Kressel 0.5 X 0 0 0 Rev Wayne B Lomax Pastor 1.00 X 0 0 0 Rev Stephen John Thurston 1 X 0 0 0 Rev Dr Richard L Wilson 1 X 0 0 0 Mrs Barbara Wright 0.5 X 0 0 0 Sharon Wilson Esq 0.5 X 0 0 0 Rev Dr Henry T Rhim 1 X 0 0 0 Mr John W Ruffin Jr 1 X 0 0 0 Rev Dr James B Sampson 1 X 0 0 0 Bishop Billy Baskin 0.5 X 0 0 0 Dr Gershwin T Blyden 1 X 0 0 0 Dr Gwendolyn V Boyd 1.0 X 0 0 0 Bishop Victor T Curry 0.5 X 0 0 0 Ms Lynn Fenster 1 X 0 0 0 Mr E Ray Smith 0.5 X 0 0 0 JoLinda L Herring 1 X 0 0 0 Sharon Wamble King 0.5 X 0 0 0 Michael Smith 1 X 0 0 0 Grath Reeves 0.5 X 0 0 0 I W Williams 0.5 X 0 0 0 Julian Coakley 0.5 X 0 0 0 Kareem Coney 40 X 61963 0 4385 Rev Marcus D Davidson 1 X 0 0 0 Dr Richard Yaklich 40 X 71750 0 4349 Dr Kelly E Brown 0.5 X 0 0 0 Raul Valdes-Fauli 0.5 X 0 0 0 Dr Henry Lewis III 45.00 X 91512 0 5076 Dr Makola M Abdullah 45.00 X 84357 0 967 Tony Valentine 45.00 X 140379 0 11894 Harold Clarke 45.00 X 126756 0 21122 Dr Adriene B Wright 45.00 X 54075 0 1722 Danneal Jones 45.00 X 120000 0 7735 Dr Barbara J Edwards 45.00 X 126756 0 20098 Dr Sandra Thompson 45.00 X 123600 0 24147 Roscoe Warren 45.00 X 112683 0 18870 Denise Callwood-Brathwaite 45.00 X 112418 0 22082 Rodney Sobelson 45.00 X 107893 0 9246 1402886 0 162539 8 0 1 0 Sodexo PO Box 536922 Atlanta GA 303536922 Cafeteria foodservice 1769997 D Stephenson Construction Inc 6241 North Dixie Highway Ft Lauderdale FL 33334 Construction 8699649 Thompson Hospitality Services 505 Huntmar Park Suite 300 Herdon VA 20170 Food Services 1085672 Aramark 22506 Network Services Chicago IL 606731225 Custodial Housekeeping & Landscaping 1977112 Allied Barton Security Services Eight Tower Bridge 161 Washington Street Suite 600 Conshohocken PA 19428 On campus security 982386 18 0 0 0 0 9378767 536268 0 9915035 TUITION AND FEES 611310 28605531 28605531 0 0 AUXILIARY ENTERPRISES 611310 5370356 5370356 0 0 0 0 0 0 33975887 271082 271082 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100665 0 91100 9565 0 9565 Small Miscellaneous Revenues 900099 338704 338704 0 0 0 0 0 0 338704 44510273 34585673 0 9565 0 0 4542819 4542819 0 0 0 0 1200429 775957 391700 32772 0 0 0 0 14666531 9480446 4785689 400396 1038256 671129 338783 28344 1204527 778606 393037 32884 910420 588496 297070 24854 5338704 3450938 1742019 145747 78693 50867 25678 2148 377171 243803 123071 10297 100000 64640 32630 2730 0 0 0 0 915875 592022 298850 25003 201536 130273 65761 5502 584527 377838 190731 15958 980155 633572 319825 26758 0 0 0 0 214160 138433 69880 5847 1132520 732061 369541 30918 0 0 0 0 0 0 0 0 718557 464475 234465 19617 0 0 0 0 2001958 1294066 653239 54653 1030702 666246 336318 28138 Repair and Maintenance 748293 483697 244168 20428 Bookstore Books and Sundries 847720 547966 276611 23143 Bad Debt 507971 328352 165751 13868 Utilities and Property Taxes 1738793 1123956 567368 47469 Miscellaneous 1449715 937096 473042 39577 42530032 29097754 12395227 1037051 0 0 7687182 17228849 1839776 1430635 2902033 2747300 0 0 0 0 0 0 238992 64925 799321 1004239 78800117 36122295 29994907 42677822 10555871 11614290 0 0 0 0 0 0 577794 198075 54595876 76966135 3851021 5385898 0 0 2412474 2689379 13801145 31647848 0 0 0 0 0 0 0 0 2692763 2328312 22757403 42051437 X 22927711 26152244 4694245 4528845 4216517 4233609 31838473 34914698 54595876 76966135 X 1980241 1095984 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 100000 0 0 100000 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The University outsources its governmental lobbying efforts to an outside law firm. All such expenses are directly to that firm for lobbying related activity. 81 0 17092 0 0 0 4233609 0 0 1 X 1 100 0 0 0 1 0 10 1200 0 9019863 17092 745511 0 0 23073 9759393 8445118 23116 617267 0 0 65638 9019863 9436974 104438 -1009315 0 0 86979 8445118 0.57 0.43 0 0 0 0 626884 626884 0 43748997 16777435 26971562 0 0 0 0 0 12005374 11298568 706806 0 22418862 8046292 14372570 42677822 0 Capital Lease Obligations 1281594 Designated Scholarships payable 743794 Agency Funds Payable 200776 Miscellaneous 102148 2328312 44510273 42530032 1980241 1095983 0 0 0 0 1095983 3076224 43898438 1095983 0 0 91100 1187083 42711355 0 1798918 1798918 44510273 40822213 0 0 0 91100 91100 40731113 0 1798919 1798919 42530032 SchD_P02_S00_L09 Schedule D, Part II, Line 9 100 Acres of wet lands designated by the state of florida on land in St. Johns county, in the city of St, Augustine. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The primary use of the university's Endowment Funds are to provide scholarships to students SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Fundraising expense for the annual Gala of $91,100 is typically included within institutional support per the audited financial statements, but for purposes of the Form 990, it is netted against gross gala revenues os $100,665 for a net income from the Gala of $9,565 reported in Part VIII, line c of the 990. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Unrestricted institutional Scholarships awarded to students. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising expenses for the annual Gala of $91,100 are typically included within institutional suppoprt per the audited financial statements, but for purposes of the Form 990, it is netted against gross Gala revenues of $100,665 for a net income from Gala of $9,565 reported in Part VIII, line c of the 990. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Unrestricted university scholarships awarded to students. 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 Through Television and Print Ads in newspapers when advertising for upcoming registration periods. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The University receives Federal Title IV program financial aid and also participates in and receives state of Florida financial aid as well. In addition, the University receives Federal Title III, DOD, Naval and Airforce funds. Annual University Fundraising Gala Event 100665 0 100665 0 0 10000 32640 3000 45460 0 0 100665 0 100665 0 0 10000 32640 3000 45460 91100 9565 1 Scholarships to students that attend the university based on their individual academic, needs and eligibility requirements. 900 0 4544819 Need based and Academic standing Non-cash assistance consists of student aid and discounts provided to students to help offset the costs of their education here at the university. SchI_P01_S00_L02 Schedule I, Part I, Line 2 The Scholarship related records are maintained in the Financial Aid Office. There is a Scholarships Committee that is set up to formulate guidelines and procedures as to the eligiblity and criteria for each scholarship being awarded. Additionally, records supporting non-scholarship type grants as also maintained between grant accounting and the office of Grants and Sponsored Research. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Henry Lewis III 91512 0 0 0 5076 0 0 0 0 0 96588 0 0 0 Dr Makola M Abdullah 84357 0 0 0 967 0 0 0 0 0 85324 0 0 0 Tony Valentine 140379 0 0 0 11894 0 0 0 0 0 152273 0 123900 0 Dr Adriene B Wright 54075 0 0 0 1722 0 0 0 0 0 55797 0 0 0 Harold Clarke 126756 0 0 0 21122 0 0 0 0 0 147878 0 123064 0 Danneal Jones 120000 0 0 0 7735 0 0 0 0 0 127735 0 0 0 Dr Barbara J Edwards 126756 0 0 0 20098 0 0 0 0 0 146854 0 123064 0 Dr Sandra Thompson 123600 0 0 0 24147 0 0 0 0 0 147747 0 135561 0 Roscoe Warren 112683 0 0 0 18870 0 0 0 0 0 131553 0 109401 0 Denise Callwood-Brathwaite 112418 0 0 0 22082 0 0 0 0 0 134500 0 104143 0 Rodney Sobelson 107893 0 0 0 9246 0 0 0 0 0 117139 0 99750 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Housing allowance for University President. HBCU Loan Financing - Rice Capital Access Program 2009-09-18 28000000 Refinancing and Building Dormitories 0 0 0 0 0 28000000 1241017 170322 10921671 793962 0 0 14287640 0 755710 2012 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The Governing Body (The Executive commmittee) has to have it's meeting and Approved actions approved by the full Board. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Form 990 is prepared by the Asst. Controller, and it is reviewed by the Controller for accuracy and completeness. The Controller then passes it on to the Vice President for Business and Fiscal Affairs for electronic signature (and review, if desired). F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The university regularly reviews (and revises when necessary) it's Conflict of Interest Policy. All new employees are required to acknowledge that they have received and read the Policy by signing and returning an acknowledgement page. All Board members are advised of the Conflict of Interest Policy (as it relates to Board Members, as well). F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Compensation for the university's President is approved by a select committee from the Board of Trustees. This group will examine data along with current comparative industry salaries and compensation for this position; including area and size of the university. Other officers and key employees salaries are approved by the President of the university; using similar data and processes described above. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The university makes its' governing documents, conflict of interest policy, and financial statements available to the public upon request. Also, the Form 990 and the Financial Statements are filed and published with the government agencies. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net Unrealized Gains and Losses not reported in Revenue + $1 rounding. Filed for an Automatic 3 months extension.