2012-05-14T10:25:01-05:00 2011-06-30 CAPIN CROUSE LLP 972 EMERSON PARKWAY-STE A GREENWOOD IN 46143 990 2010-07-01 570352247 COLUMBIA INTERNATIONAL UNIVERSITY COLU 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29230 D KEITH MARION 8038075011 2012-05-14 1 DAVE MOJA 3178852620 2010 2016-02-24 21:20:13Z WILLIAM JONES 7435 MONTICELLO ROAD COLUMBIA SC 29230 37065285 0 X WWW.CIU.EDU X 1927 SC CIU EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST. 17 16 782 180 4046 1546 10648585 9165737 24688183 25832458 325974 307419 292675 1180100 35955417 36485714 3890927 4223156 0 0 18102135 18723860 51836 27619 502308 10833254 12835476 32878152 35810111 3077265 675603 57621808 60224021 16125790 16725768 41496018 43498253 X COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. 0 0 12083160 4223156 17089233 COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. IN THE 2010-2011 SCHOOL YEAR THE UNIVERSITY SERVED 588 UNDERGRADUATE STUDENTS, 135 STUDENTS IN OUR GRADUATE SCHOOL, AND 547 SEMINARY STUDENTS. THE TOTAL NUMBER OF STUDENTS WHO GRADUATED IN 2010-2011 WAS 320, WHICH INCLUDES 138 UNDERGRADUATE STUDENTS, 54 GRADUATE STUDENTS, AND 128 SEMINARY STUDENTS. 9286013 8731389 BEN LIPPEN SCHOOL SEEKS TO GLORIFY GOD BY ASSISTING FAMILIES AND CHURCHES IN EQUIPPING STUDENTS SPIRITUALLY, ACADEMICALLY AND SOCIALLY UNDER THE LORDSHIP OF JESUS CHRIST. DURING THE 2010-2011 ACADEMIC YEAR, BEN LIPPEN SERVED 774 STUDENTS IN GRADES K-12, OF WHICH 96 WERE MEMBERS OF THE CLASS OF 2011. THESE STUDENTS, WHICH REPRESENT 534 FAMILIES, WERE SERVED BY 111 FULL- AND PART-TIME FACULTY AND STAFF. (THE REVENUE FIGURE ABOVE DOES NOT REFLECT GIFT INCOME RECEIVED WHICH COVERS THE DIFFERENCE BETWEEN THE SCHOOL'S PROGRAM SERVICE REVENUES AND OPERATING EXPENSES.) 2455834 442319 WRCM ("NEW LIFE" 91.9 FM) AND WMHK (89.7 FM) TOGETHER SERVED AN AVERAGE OF 337,000 LISTENERS PER WEEK DURING THE 2010-2011 YEAR. WRCM SERVES THE GREATER CHARLOTTE (N.C.) MARKET; WMHK SERVES THE COLUMBIA AND FLORENCE (S.C.) MARKETS. THE STATIONS WERE SUPPORTED DURING THE 2010-2011 YEAR BY 28,954 INDIVIDUAL GIFTS TOTALING $2,304,977. (THE GENEROUS GIFTS OF DONORS COMPRISE THE STATIONS PRIMARY SUPPORT. AS SHOWN ABOVE, PROGRAM SERVICE REVENUES ARE NOT SUFFICIENT TO SUPPORT THE STATION'S OPERATING EXPENSES.) ALONG WITH ENCOURAGING MUSIC, THE STATIONS' PROGRAM CONTENT INCLUDES EDUCATIONAL AND INSPIRATIONAL FEATURES, NEWS AND COMMUNITY-FOCUSED ELEMENTS. THE ON-AIR SERVICE IS COMPLIMENTED BY WEBSITES THAT PROVIDE INFORMATION ABOUT THEIR ACTIVITIES AND BROADCAST STREAMS THAT CAN BE HEARD AROUND THE WORLD. 540339 631170 IN AUGUST 2010 THE UNIVERSITY OPENED PINE VIEW APARTMENTS, A 96-UNIT STUDENT HOUSING COMMUNITY LOCATED ON THE WOODED HILLSIDES ADJACENT TO THE CORE CAMPUS. DURING THE 2010-2011 SCHOOL YEAR, IT SERVED AS HOME TO 425 CIU STUDENTS, STAFF MEMBERS, AND THEIR FAMILY MEMBERS. 540339 631170 24365346 1 1 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 70 0 782 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEITH STOKELD (DIRECTOR OF FINANCE) 8038075013 7435 MONTICELLO RD COLUMBIA SC 29230 RUSSELL FRENCH 1.00 X 0 0 0 MARVIN SCHUSTER 1.00 X 0 0 0 DELAINE BLACKWELL 1.00 X 0 0 0 ADRIAN DESPRES JR 1.00 X 0 0 0 HANS FINZEL 1.00 X 0 0 0 DAVID MORELAND 1.00 X 0 0 0 D GARY HARLOW 1.00 X 0 0 0 J RONALD MULLINS 1.00 X 0 0 0 ROBERT NORRIS 1.00 X 0 0 0 JERRY RANKIN 1.00 X 0 0 0 DOUGLAS RUTT 1.00 X 0 0 0 JENNIFER GUTWEIN 1.00 X 0 0 0 W TOBIN CASSELS 1.00 X 0 0 0 MARQUIS RYAN 1.00 X 0 0 0 LYN COOK 1.00 X 0 0 0 DAVID BEASLEY 1.00 X 0 0 0 WILL SCHAFER 1.00 X 0 0 0 WILLIAM JONES 60.00 X 127132 0 34592 D KEITH MARION 50.00 X 95385 0 15376 GEORGE MURRAY 50.00 X 99019 0 61174 THOMAS BOWDON 50.00 X 93128 0 14779 222517 0 49968 1 0 1 0 RICHARDSON CONSTRUCTION COMPANY PO BOX 3489 COLUMBIA SC 29230 CONSTRUCTION 1450907 PIONEER COLLEGE CATERERS 303 GLENROSE AVE NASHVILLE TN 37210 CATERING SERVICES 1403561 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 FACILITIES MANAGEMENT 797868 ENSERVIO COMMERCIAL 117 KENDRICK ST SUITE 250 NEEDHAM MA 02494 FIRE RECOVERY 462845 GUIDE ONE TAYLOR BALL CONSTRUCTION SERVI 1025 ASHWORTH ROAD SUITE 201 WEST DES MOINES IA 50265 CONSTRUCTION 304842 13 28106 142311 8995320 416796 9165737 TUITION AND FEES 611310 13775453 13775453 BEN LIPPEN SCHOOL 611310 8731389 8731389 AUXILIARY SERVICES 611310 2235353 2235353 PINE VIEW APARTMENTS 611310 631170 631170 BROADCASTING 611310 442319 442319 16774 16774 25832458 273678 273678 79997 22200 18154 79997 4046 84043 4046 79997 519780 1773 487812 31968 1773 33741 33741 108009 28106 73605 34404 34404 INSURANCE REIMBURSEMEN 900099 913477 913477 MISCELLANEOUS REVENUE 900099 148176 148176 1061653 36485714 26894111 4046 421820 103926 103926 4119230 4119230 310631 199423 111208 88013 88013 13274186 10461100 2624961 188125 664907 513633 136393 14881 3532687 2525859 976536 30292 853436 681441 159090 12905 13462 3521 9547 394 68023 68023 27619 27619 583974 391411 192155 408 1211364 984859 185086 41419 176514 126707 49807 1514122 499102 1014824 196 672374 502777 152442 17155 175643 153837 18765 3041 405460 405460 2100827 2100827 343237 108197 235040 EXTERNAL SERVICES 3213007 1477784 1680558 54665 REPAIRS AND MAINTENANCE 818443 314554 503889 OTHER EXPENSES 782427 669645 112782 FINANCIAL AID 503917 503917 BANK FEES 252682 223846 28836 35810111 24365346 10942457 502308 3776620 3458540 7043670 3310500 440630 259729 42944 36712 13146 11121 57431267 24318669 30143094 33112598 12689877 13978518 580996 3050245 2890831 3006058 57621808 60224021 1800297 1194702 842483 1244361 9522971 10151959 3960039 4134746 16125790 16725768 X 24182564 24447671 12979056 14490950 4334398 4559632 41496018 43498253 57621808 60224021 X 675603 1326632 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 130883 88926 48600 1 1 12022221 544292 1259291 90429 13735375 10455246 369678 1246784 49487 12022221 0.67000 0.33000 0 0 409817 409817 35305109 12501211 22803898 10019964 7176215 2843749 11696377 4641243 7055134 33112598 LIMITED PARTNERSHIP 2432503 C REAL ESTATE 607542 C OTHER 10200 C 3050245 TRUST LIABILITIES 1933064 DEPOSITS HELD IN CUSTODY 806121 ANNUITIES PAYABLE 758853 ASSET RETIREMENT OBLIGATION 411399 CAPITAL LEASE OBLIGATIONS 225309 4134746 36485714 35810111 675603 1439714 -125900 12818 1326632 2002235 33784876 1439714 -4245129 -2805415 36590291 -104577 -104577 36485714 31782640 -4027471 -4027471 35810111 0 35810111 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: COLUMBIA INTERNATIONAL UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR STUDENT FINANCIAL AID. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY HAS ADOPTED THE NEW PROVISIONS OF THE "INCOME TAX" TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STADARDS CODIFICATION (ASC). THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2011, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN THE VALUE OF ANNUITIES 66,029. CHANGE IN THE VALUE OF TRUST ASSETS 20,394. FUNDRAISING EXPENSES REPORTED ON LINE 8B -73,605. PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION DISCOUNTS NETTED AGAINST REVENUE -4,119,230. INVESTMENT EXPENSES NETTED AGAINST INCOME -125,899. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -18,154. CHANGE IN VALUE OF TRUST ASSETS -20,394. CHANGE IN VALUE OF ANNUITIES -66,029. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 18,154. FUNDRAISING EXPENSES REPORTED ON LINE 8B 73,605. TUITION DISCOUNTS NETTED AGAINST REVENUE -4,119,230. 1 1 1 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 AVAILABLE TO THE PUBLIC AND INCLUDED IN A NEWSPAPER AD. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED $100,582 FROM THE FEDERAL COLLEGE WORK STUDY PROGRAM. X X X X X 1 DVA NAVION 2295 PARKLAKE DRIVE SUITE 210 ATLANTA GA 30345 FUNDRAISING/DATABASE CONSULTING 0 0 27619 -27619 27619 -27619 SC FALL GOLF CLASSIC 43179 14446 28733 19237 4400 1347 4438 CEDAR CREEK SKEET SHOOT 47122 3226 43896 100 8105 1692 953 10311 2 45814 10434 35380 100 8150 6941 4059 3772 136115 28106 108009 200 35492 13033 6359 18521 73605 34404 1 CHILD EVANGELISM FELLOWSHIP 500 ST ANDREWS ROAD COLUMBIA SC 29203 570567186 501(C)(3) 50216 GENERAL SUPPORT TRINITY CLASSICAL SCHOOL PO BOX 639 CLARKSVILLE GA 30523 204929254 501(C)(3) 5350 GENERAL SUPPORT STUDENT SCHOLARSHIPS 874 4119230 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND TUITION DISCOUNTS ARE AWARDED BASED ON DEMONSTRATED FINANCIAL NEED AND MISSION COMPATIBILITY OF THE STUDENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM JONES 117569 0 0 0 9563 0 8102 0 26490 0 161724 0 0 0 PART I, LINE 1A IT IS THE PRACTICE OF CIU TO PROVIDE THE PRESIDENT WITH A HOUSING ALLOWANCE AS PART OF HIS COMPENSATION PACKAGE. NEED- AND MERIT-BASED TUITION ASSISTANCE 15500 MIKE BLACKWELL WIFE, DELAINE BLACKWELL, SERVES ON THE BOARD OF TRUSTEES 94556 V.P. OF ENROLLMENT AND CORPORATE COMMUNICATIONS 0 HENRY CHASON LANDSCAPING LLC ENTITY OWNED BY DAVID MARION, JR., SON OF D. KEITH MARION, SR. (SR. V.P.) 153763 LANDSCAPING SERVICES 0 X 16 416796 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY OUR OUTSIDE CPA FIRM. THE COMPLETED FORM 990 IS SENT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. VERBAL APPROVAL OF EACH COMMITTEE MEMBER IS OBTAINED BEFORE FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES: EACH MEMBER OF THE BOARD OF TRUSTEES MUST ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST AND RELATED-PARTY TRANSACTION POLICY AND DISCLOSURE FORM (BOARD CONFLICT POLICY). THE BOARD CONFLICT POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE BOARD CONFLICT POLICY DELINEATES A DISCLOSURE PROCEDURE THAT REQUIRES THE BOARD MEMBER TO REPORT THE CONFLICT TO THE PRESIDENT WHO REFERS THE INFORMATION TO THE NOMINATING AND BOARD REVIEW COMMITTEE FOR INVESTIGATION AND FOR A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. EMPLOYEES: OUR CONFLICT OF INTEREST POLICY IS STATED IN OUR EMPLOYEE HANDBOOK. ALL REGULAR FULL AND PART-TIME EMPLOYEES (WHICH INCLUDES THE PRESIDENT AND KEY EMPLOYEES) MUST READ THE EMPLOYEE HANDBOOK THEIR FIRST WEEK ON THE JOB AND ANNUALLY THEREAFTER, AND THEY MUST SIGN A STATEMENT THAT THEY HAVE READ IT AND ARE IN COMPLIANCE WITH ITS POLICIES WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE POLICY INSTRUCTS EMPLOYEES TO DISCLOSE THE CONFLICT TO THEIR SUPERVISOR. SUPERVISORS ARE INSTRUCTED IN THE SUPERVISORS' POLICY MANUAL TO CONFER WITH THEIR SUPERVISOR AND THE HUMAN RESOURCES DIRECTOR WHO TOGETHER WILL DETERMINE IF A CONFLICT EXISTS, TO WHAT EXTENT, AND THE APPROPRIATE COURSE OF ACTION. IF THE PROBLEM CANNOT BE RESOLVED AT THAT LEVEL, THE MATTER WILL BE PRESENTED TO THE PRESIDENT FOR DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 EXTERNAL COMPARISONS ARE MADE WITH SIMILAR INSTITUTIONS FOR THE PRESIDENT AND FOR KEY EMPLOYEES. ADDITIONALLY, INTERNAL COMPARISONS ARE MADE TO DETERMINE RELATIVE SALARY RANGE AMONG THE PRESIDENT AND KEY EMPLOYEES. A 10-YEAR HISTORY OF THE ORGANIZATION'S PRESIDENTS' SALARIES IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF KEY EMPLOYEES THROUGH A 10-YEAR HISTORY THAT IS PROVIDED TO THE COMMITTEE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE UPON REQUEST AND ON THE WWW.GUIDESTAR.ORG WEBSITE. FORMS 1023 AND 990-T ARE AVAILABLE UPON REQUEST. COLUMBIA INTERNATIONAL UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,439,714. INVESTMENT EXPENSES: -125,900. CHANGE IN THE VALUE OF ANNUITIES 66,029. CHANGE IN THE VALUE OF TRUST ASSETS 20,394. FUNDRAISING EXPENSES REPORTED ON LINE 8B -73,605. TOTAL TO FORM 990, PART XI, LINE 5: 1,326,632.