2012-12-12T11:57:11-08:00 2012-06-30 Hoskins & Company PC 1900 Church Street Suite 200 Nashville TN 37203 990 2011-07-01 620570060 LANE COLLEGE LANE 7314267539 545 LANE AVENUE JACKSON TN 38301 DR WESLEY MCCLURE 2012-12-12 true Harvey E Hoskins CPA 6153217333 2011 2016-02-24 21:20:13Z 31248062 false false X http://www.lanecollege.edu/ X 1909 TN LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. 28 27 474 0 17323569 6622616 26229269 23600436 387082 106240 405289 297112 44345209 30626404 11302658 717768 0 14470585 14633585 0 34641 17084874 14324998 42858117 29676351 1487092 950053 60738789 60947910 31247191 30529821 29491598 30418089 LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES. false false 25702866 717768 23600436 LANE COLLEGE IS AN INSTITUTE OF HIGHER EDUCATION AND PROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATING STUDENTS. 25702866 true false false false false false false false false true true true false true true false true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false true 0 0 false 474 true false false false false false false false false false false false 0 false false false false false false false false false false false X 28 27 false false false false false false false true true false false false true true true true false false true true false false TN X X MELVIN HAMLETT 7314267539 545 LANE AVENUE JACKSON TN 38301 Mr Ryan Spann 5.00 X 0 0 0 Dr Satish Mahajan 5.00 X 0 0 0 Dr Melvin Wright 5.00 X 0 0 0 Rev Charles E Winfrey Jr 5.00 X 0 0 0 MrJesse J Tyson 5.00 X 0 0 0 Dr Haywood L Strickland 5.00 X 0 0 0 Bishop Lawrence L Reddick III 5.00 X 0 0 0 Dr Joseph C Neal 5.00 X 0 0 0 Mr Olin Morris 5.00 X 0 0 0 Dr Mose Y Brooks Hooks 5.00 X 0 0 0 T Robert Hill Esquire 5.00 X 0 0 0 Mr William J Hamilton 5.00 X 0 0 0 Dr Lasimba Gray 5.00 X 0 0 0 Dr Clarence E Gooch 5.00 X 0 0 0 Dr William E George 5.00 X 0 0 0 Rev William Gant 5.00 X 0 0 0 Dr Daniel L Fitten 5.00 X 0 0 0 Dr Warner Dickerson 5.00 X 0 0 0 Bishop Ronald M Cunningham 5.00 X 0 0 0 Dr Louis E Cunningham 5.00 X 0 0 0 Dr Carmichael Crutchfield 5.00 X 0 0 0 Ms Jesse N Carpenter 5.00 X 0 0 0 Dr Jacqui Burton 5.00 X 0 0 0 Bishop Thomas L Brown SR 5.00 X 0 0 0 Ms Jeannie D Bond 5.00 X 0 0 0 Charles E Carpenter Esq 5.00 X X 0 0 0 Mrs Cynthia R Bond 5.00 X X 0 0 0 Bishop William Graves 5.00 X X 0 0 0 DrWesley C McClure 50.00 X X 203772 0 0 203772 1 false true false THE BRANTLEY GROUP 118 ALLEN AVENUE JACKSON TN 38301 CONTRACTOR 393140 OSEMAN INSURANCE AGENCY 5400 POPLAR AVE SUITE 201 MEMPHIS TN 38119 STUDENT INSURANCE 312362 GOURMET SERVICES 82 PIEDMONT AVENUE ATLANTA GA 30303 FOOD SERVICES 1946496 GOLDEN CIRCLE INSURANCE P O BOX 293 BROWNSVILLE TN 38012 P & C INSURANCE 453449 CYNTHIA MANUEL INDUSTRIAL P O BOX 34 PINSON TN 38366 CLEANING SERVICES 2570449 5 5900042 722574 6622616 Student tuition and fees 611710 16963549 16963549 Auxiliary Enterprises 611710 6636887 6636887 23600436 117902 117902 0 0 0 11662 -11662 -11662 -11662 0 0 696491 609996 86495 86495 OTHER SERVICES 611710 54521 54521 Indirect Cost Reimb. 611710 156096 156096 210617 30626404 23811053 192735 0 717768 717768 0 0 203772 59094 110037 34641 0 12168194 10029296 2138898 0 1326862 1180204 146658 934757 766917 167840 0 0 256240 5000 251240 0 0 0 5482527 5260755 221772 0 0 0 0 0 565070 503152 61918 0 9423 9423 1303478 1078433 225045 0 1633932 1351834 282098 0 UTILITIES 1245624 1237143 8481 Supplies 369793 232882 136911 Student aid 883987 883987 Insurance & License 844267 844267 EQUIPMENT RENTALS & MAINTENAN. 335738 300538 35200 1394919 1242173 152746 29676351 25702866 3938844 34641 5091157 4172032 0 773696 1628518 134996 160377 0 0 322915 359555 405054 347446 620744 605823 63556607 19529733 43917367 44026874 0 3213736 3238331 0 0 6259124 6408954 60738789 60947910 2608431 2503067 130334 33363 28447912 27915363 60514 78028 31247191 30529821 X 27214695 28063292 763677 767420 1513226 1587377 29491598 30418089 60738789 60947910 X 950053 -23562 X false true true X true true X 1513228 27530 46621 1587379 1408310 29375 75543 1513228 0.67000 0.33000 true false false 2944123 2944123 47532630 14499984 33032646 13079854 5029749 8050105 44026874 3238331 Restricted Deposits & funded Reserves 1402990 Notes Receivables 113958 loan Financing Cost 2294284 Loan Escrow Deposits 1305183 Investments Held by Trustees 264680 Deposits 37000 6408954 Deposit held in custody for others 1628 Deposit & Other Liabilities 76400 78028 30626404 29676351 950053 -23562 -23562 926491 29908636 -717768 -717768 30626404 30626404 29510971 552388 552388 28958583 717768 717768 29676351 Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S STUDENT ASSISTANCE $717768 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Purchases of books $537046 Purchase for resale $15342 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Provide Scholarships. true true true true true true true false false false false false false false false true false true true X 0 0 Grantmaker's Description of How Grants are Used THE COLLEGE HAS A VERY EXTENSIVE APPLICATION FOR FINANCIAL AID WHICH IS CONSISTENTLY MONITORED AND SUBJECTED TO EXTERNAL AUDITS. false false false false false false false false false false DrWesley C McClure 203772 203772 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon Request. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Reviewed by Audit and Finance Committee.