HIGH POINT UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HIGH POINT UNIVERSITY (EIN 56-0529999)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2012-03-09
- IRS object ID
- 201230699349300243
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-09T16:14:40-06:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH LEONARD PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4035 PREMIER DRIVE SUITE 300 | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27265 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529999 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGH POINT UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HIGH | NameControl |
| Phone | 3368419000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DENNY G BOLTON | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 3368419000 | Phone |
| Date Signed | 2012-03-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ADDISON R MAILLE | Name |
| Phone | 3368830181 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DENNY G BOLTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 176684545 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HIGHPOINT.EDU | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | EXEMPT ORGANIZATION | TypeOfOrgOtherDescription |
| Year Formation | 1928 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | EDUCATION OF COLLEGE STUDENTS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 47 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 47 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1802 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 8978 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 7978 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4744063 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 25634689 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 98440471 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 123226957 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1812118 | InvestmentIncomePriorYear |
| Investment Income Current Year | 821916 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 224012 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1465534 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 105220664 | TotalRevenuePriorYear |
| Total Revenue Current Year | 151149096 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15885539 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 18924300 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26112335 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36014672 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 847104 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 54432553 | OtherExpensePriorYear |
| Other Expenses Current Year | 59248482 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 96430427 | TotalExpensesPriorYear |
| Total Expenses Current Year | 114187454 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8790237 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 36961642 | RevenuesLessExpensesCY |
| Total Assets BOY | 351549324 | TotalAssetsBOY |
| Total Assets EOY | 396965184 | TotalAssetsEOY |
| Total Liabilities BOY | 184431906 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 188760682 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 167117418 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 208204502 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | HIGH POINT UNIVERSITY'S PRIMARY MISSION IS TO PROVIDE HIGHER EDUCATION TO STUDENTS UNDER A COLLEGE DEGREE PROGRAM. THE ORGANIZATION ALSO HAS PROGRAMS THAT PROVIDE ROOM, BOARD, BOOKS AND INTERCOLLEGIATE ATHLETIC ACTIVITES TO STUDENTS. THESE PROGRAMS PROVIDE SERVICES AND ACTIVITIES FOR STUDENTS WHICH ARE AN INTEGRAL PART OF THE INSTITUTION'S EXEMPT PURPOSES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 66698426 | Expense |
| Grants | 18924300 | Grants |
| Revenue | 86201706 | Revenue |
| Description | EDUCATION OF COLLEGE STUDENTS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1581947 | Expense |
| Revenue | 4081508 | Revenue |
| Description | ADULT CONTINUING EDUCATION | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 68280373 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 195 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1802 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 47 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 47 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGH POINT UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3368419000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (63 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ELIZABETH ALDRIDGE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| KATHERINE M BOLES | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| L PAUL BRAYTON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT J BROWN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| RICHARD P BUDD | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| LYNNE CALDWELL | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| DORIS R COGGIN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| EARL CONGDON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| FLOYD T CRAVEN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT G CULP III | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JAMES L CRESIMORE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JOHN FINCH | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| SHIRLEY FRYE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| CHRISTOPHER L HENSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| DAVID L FRANCIS | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| THOMAS S HAGGAI | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| C FELIX HARVEY III | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| DONALD W HAYNES | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| DAVID R HAYWORTH | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| W R HENDERSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| CARTER T HOLBROOK JR | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| TOM E INGRAM | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| RON L JONES | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| GENE C KESTER | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM V KESTER JR | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MIRIAM O KIMSEY | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| PETER A MAHLER | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| KATHERINE K MAYNARD | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MEREDITH S MICHENER | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JAMES H MILLIS JR | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MOLLY MILLIS-HEDGECOCK | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ADNAN M MJALLI | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MARK A NORCROSS | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| CLARENCE H RIDLEY | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JOHN C SLANE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MARSHA B SLANE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ORLANDO H SMITH | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| THOMAS B STOCKTON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ASHLEY CROWDER STANLEY | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| J ROBERT STOUT | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT E STROUPE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| RICHARD F VERT | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ANNE K WALKER | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| COY O WILLIARD JR | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| CHARLES W WILSON II | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| FEDERICK WILSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| PLATO S WILSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM F WOMBLE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| W VANN YORK | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| NIDO QUBEIN | ||||||||
| PRESIDENT | 40.00 | 739872 | 0 | 0 | X | |||
| D ANDREW BILLS | ||||||||
| VICE PRESIDENT | 40.00 | 195509 | 0 | 0 | X | |||
| DENNIS CARROLL | ||||||||
| VICE PRESIDENT | 40.00 | 193544 | 0 | 0 | X | |||
| CHRISTOPHER DUDLEY | ||||||||
| VICE PRESIDENT | 40.00 | 183172 | 0 | 0 | X | |||
| DONALD SCARBOROUGH | ||||||||
| VICE PRESIDENT | 40.00 | 157667 | 0 | 0 | X | |||
| GAIL TUTTLE | ||||||||
| VICE PRESIDENT | 40.00 | 154805 | 0 | 0 | X | |||
| WELLINGTON DESOUZA | ||||||||
| VICE PRESIDENT | 40.00 | 154195 | 0 | 0 | X | |||
| WILLIAM DUNCAN | ||||||||
| VICE PRESIDENT | 40.00 | 149849 | 0 | 0 | X | |||
| SCOTT CHERRY | ||||||||
| COACH | 40.00 | 172922 | 0 | 0 | X | |||
| CRAIG KEILITZ | ||||||||
| ATHLETIC DIRECTOR | 40.00 | 129044 | 0 | 0 | X | |||
| JAMES WEHRLEY | ||||||||
| DEAN/PROFESSOR | 40.00 | 128777 | 0 | 0 | X | |||
| MARIANN TILLERY | ||||||||
| DEAN/PROFESSOR | 40.00 | 125497 | 0 | 0 | X | |||
| JAMES STITT | ||||||||
| PROFESSOR | 40.00 | 114562 | 0 | 0 | X | |||
| JACOB C MARTINSON | ||||||||
| TRUSTEE | 0.00 | 65339 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2664754 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ARAMARK SERVICES | |||||
| 1101 MARKET STREET | PHILADELPHIA | PA | 19107 | FOOD SERVICE | 8131997 |
| BUDD GROUP | |||||
| 125 BUDD BOULEVARD | WINSTONSALEM | NC | 27103 | MAINTENANCE SERVICES | 3748675 |
| COX SCHEPP CONSTRUCTION INC | |||||
| 2410 DUNAVANT STREET | CHARLOTTE | NC | 28203 | CONSTRUCTION | 2812799 |
| SMITH & JENNINGS INC | |||||
| 1020 HEDGECOCK ROAD | HIGH POINT | NC | 27265 | CONSTRUCTION | 2418820 |
| APPLEGATE RESTAURANTS LLC | |||||
| 2605 OLD GREENSBORO ROAD | HIGH POINT | NC | 27265 | FOOD SERVICE | 1135631 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 72 | NumberOfContractorsGT100K |
| Government Grants | 1933192 | GovernmentGrants |
| All Other Contributions | 23701497 | AllOtherContributions |
| Total Contributions | 25634689 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION & FEES | 611710 | 90283213 | 90283213 |
| RESIDENCE HALL FEES | 721310 | 17647212 | 17647212 |
| CAFETERIA/MEALS | 722210 | 14627642 | 14627642 |
| INTERCOLLEGIATE ATHLET | 611710 | 382113 | 382113 |
| BOOKSTORE | 611710 | 274127 | 274127 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12650 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12650 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 123226957 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2020264 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2011286 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8978 | UnrelatedBusinessRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1043242 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 326861 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 716381 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 716381 | TotalRevenueColumn |
| Related Or Exempt Function Income | 716381 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24010240 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 25208588 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1198348 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1198348 | TotalRevenueColumn |
| Related Or Exempt Function Income | -1198348 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SUMMER CONFERENCES & O | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 749153 | TotalRevenueColumn |
| Related Or Exempt Function Income | 749153 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 749153 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 151149096 | TotalRevenueColumn |
| Related Or Exempt Function Income | 125505429 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8978 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18924300 | Total |
| Program Services | 18924300 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2147405 | Total |
| Management And General | 2147405 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28547228 | Total |
| Program Services | 22948302 | ProgramServices |
| Management And General | 5300974 | ManagementAndGeneral |
| Fundraising | 297952 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1324000 | Total |
| Program Services | 1324000 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3996039 | Total |
| Program Services | 2909935 | ProgramServices |
| Management And General | 1012916 | ManagementAndGeneral |
| Fundraising | 73188 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204949 | Total |
| Management And General | 204949 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1145128 | Total |
| Program Services | 2079 | ProgramServices |
| Management And General | 1143049 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 894458 | Total |
| Program Services | 73992 | ProgramServices |
| Management And General | 344502 | ManagementAndGeneral |
| Fundraising | 475964 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3662097 | Total |
| Program Services | 3662097 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 780388 | Total |
| Program Services | 762638 | ProgramServices |
| Management And General | 17750 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3809912 | Total |
| Management And General | 3809912 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16806448 | Total |
| Management And General | 16806448 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OUTSIDE SERVICES | 11427917 | 8185283 | 3242634 |
| MISCELLANEOUS | 4241248 | 1914347 | 2326901 |
| SUPPLIES | 3795972 | 3791012 | 4960 |
| EQUIPMENT RENTAL | 3060902 | 3060902 | |
| UTILITIES | 2169532 | 293452 | 1876080 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7249531 | Total |
| Program Services | 3488936 | ProgramServices |
| Management And General | 3760595 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114187454 | Total |
| Program Services | 68280373 | ProgramServices |
| Management And General | 45059977 | ManagementAndGeneral |
| Fundraising | 847104 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6219245 | BOY |
| EOY | 7074636 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3015351 | BOY |
| EOY | 3125900 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5528079 | BOY |
| EOY | 17249189 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4326120 | BOY |
| EOY | 3882167 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654225 | BOY |
| EOY | 646454 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 396304198 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 82861271 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 292501211 | BOY |
| EOY | 313442927 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32701353 | BOY |
| EOY | 36030806 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6603740 | BOY |
| EOY | 15513105 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 351549324 | BOY |
| EOY | 396965184 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12786838 | BOY |
| EOY | 17093334 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 166374920 | BOY |
| EOY | 165291429 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5270148 | BOY |
| EOY | 6375919 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184431906 | BOY |
| EOY | 188760682 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126873740 | BOY |
| EOY | 163134489 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7085539 | BOY |
| EOY | 7003305 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33158139 | BOY |
| EOY | 38066708 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167117418 | BOY |
| EOY | 208204502 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 351549324 | BOY |
| EOY | 396965184 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 36961642 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4125442 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 769854 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 34090960 | InvestmentCostOrOtherBasis |
| Book Value | 34090960 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 281809984 | InvestmentCostOrOtherBasis |
| Depreciation | 42863843 | Depreciation |
| Book Value | 238946141 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 26520118 | InvestmentCostOrOtherBasis |
| Depreciation | 4961622 | Depreciation |
| Book Value | 21558496 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 53883136 | InvestmentCostOrOtherBasis |
| Depreciation | 35035806 | Depreciation |
| Book Value | 18847330 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 313442927 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ART COLLECTION | 769854 | C |
| INSURANCE CONTRACT | 301953 | C |
| CORPORATE STOCKS, BONDS & NOTE | 34958999 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 36030806 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED INCOME | $4,553,613 |
| DEPOSITS HELD IN CUSTODY | $342,835 |
| FEDERAL & STATE STUDENT LOAN MONIES | $1,479,471 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6375919 | TotalOfAmounts |
| Total Revenue | 151149096 | TotalRevenue |
| Total Expenses | 114187454 | TotalExpenses |
| Excess Or Deficit For Year | 36961642 | ExcessOrDeficitForYear |
| Other | $4,125,442 | OtherAmount |
| Total Adjustments | 4125442 | TotalAdjustments |
| Excess Or Deficit Per FS | 41087084 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 155274538 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 4125442 | OtherRevenues |
| Revenue Not Rptd F990 | 4125442 | RevenueNotRptdF990 |
| Revenue Subtotal | 151149096 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 151149096 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 95263154 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 95263154 | ExpensesSubtotal |
| Other Expenses Not Included | 18924300 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 18924300 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 114187454 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | NET UNREALIZED GAIN/(LOSS) ON INVESTMENTS 4,533,884. CHANGE IN INTEREST RATE SWAP -408,442. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED GAIN/(LOSS) ON INVESTMENTS 4,533,884. INTEREST RATE SWAP -408,442. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | GRANTS AND ALLOCATIONS 18,924,300. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | ALL BROADCASTS & PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | SCHEDULE A, PART V, QUESTION 34A: HIGH POINT UNIVERSITY RECEIVES THE FOLLOWING FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES: U.S. DEPARTMENT OF EDUCATION: FEDERAL PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT FEDERAL FAMILY EDUCATION LOAN PROGRAM FEDERAL WORK-STUDY PROGRAM FEDERAL PERKINS LOAN PROGRAM FEDERALL PELL GRANT PROGRAM COLLEGE FACILITIES PROGRAM DIRECT LOAN PROGRAM STATE PROGRAMS: STATE CONTRACTUAL SCHOLARSHIP FUND NORTH CAROLINA LEGISLATIVE TUITION GRANT NORTH CAROLINA STATE STUDENT INCENTIVE GRANT |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | VARIOUS SCHOLARSHIPS & STUDENT AID | TypeOfGrant |
| Number Of Recipients | 3465 | NumberOfRecipients |
| Amount Of Cash Grant | 18924300 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: HIGH POINT UNIVERSITY AWARDS VARIOUS SCHOLARSHIPS TO STUDENTS TO DETERMINE THAT RECIPIENTS QUALIFY TO RECEIVE PAYMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NIDO QUBEIN | |||||||||||||
| 597856 | 0 | 13300 | 0 | 128716 | 0 | 19600 | 0 | 11865 | 0 | 771337 | 0 | 0 | 0 |
| D ANDREW BILLS | |||||||||||||
| 187931 | 0 | 4100 | 0 | 3478 | 0 | 9885 | 0 | 9769 | 0 | 215163 | 0 | 0 | 0 |
| DENNIS CARROLL | |||||||||||||
| 188515 | 0 | 4000 | 0 | 1029 | 0 | 15167 | 0 | 1069 | 0 | 209780 | 0 | 0 | 0 |
| CHRISTOPHER DUDLEY | |||||||||||||
| 178759 | 0 | 4000 | 0 | 413 | 0 | 15167 | 0 | 10825 | 0 | 209164 | 0 | 0 | 0 |
| DONALD SCARBOROUGH | |||||||||||||
| 153384 | 0 | 3170 | 0 | 1113 | 0 | 12640 | 0 | 4616 | 0 | 174923 | 0 | 0 | 0 |
| GAIL TUTTLE | |||||||||||||
| 151162 | 0 | 3100 | 0 | 543 | 0 | 12233 | 0 | 1755 | 0 | 168793 | 0 | 0 | 0 |
| WELLINGTON DESOUZA | |||||||||||||
| 150731 | 0 | 3100 | 0 | 364 | 0 | 12333 | 0 | 2186 | 0 | 168714 | 0 | 0 | 0 |
| SCOTT CHERRY | |||||||||||||
| 159127 | 0 | 3400 | 0 | 10395 | 0 | 8396 | 0 | 8789 | 0 | 190107 | 0 | 0 | 0 |
| JACOB C MARTINSON | |||||||||||||
| 15339 | 0 | 0 | 0 | 50000 | 0 | 0 | 0 | 0 | 0 | 65339 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JOE BUDD | |||
| SON OF RICHARD BUDD, A TRUSTEE OF THE ORGANIZATION | 3754012 | JOE BUDD IS PRESIDENT OF BUDD GROUP THAT IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY. | 0 |
| DEENA AND RAMSEY QUBEIN | |||
| CHILDREN OF PRESIDENT OF THE ORGANIZATION | 365000 | DEENA AND RAMSEY QUBEIN OWN CREATIVE SERVICES, A PUBLIC RELATION FIRM DOING BUSINESS WITH HIGH POINT UNIVERSITY SINCE 1994, 11 YEARS BEFORE THE CURRENT PRESIDENT TOOK OFFICE. | 0 |
| DEENA AND RAMSEY QUBEIN | |||
| CHILDREN OF PRESIDENT OF THE ORGANIZATION | 732600 | DEENA AND RAMSEY QUBEIN OWN MCNEILL LEHMAN, A PUBLIC RELATION FIRM DOING BUSINESS WITH HIGH POINT UNIVERSITY SINCE 1994, 11 YEARS BEFORE THE CURRENT PRESIDENT TOOK OFFICE. | 0 |
| (no name) | |||
| 0 | |||
| BB&T | |||
| PRESIDENT OF ORGANIZATION IS ON THE BOARD OF DIRECTORS OF BB&T | 16790606 | HIGH POINT UNIVERSITY DOES BANKING AND HAS A LINE OF CREDIT WITH BB&T. | 0 |
| COY WILLARD | |||
| BOARD MEMBER OF THE ORGANIZATION | 264215 | PARTNER IN CONSTRUCTION COMPANY THAT IS BUILDING A FENCE AROUND CAMPUS. | 0 |
| HOLBROOK & ASSOCIATES | |||
| PRESIDENT OF COMPANY IS ON THE BOARD OF DIRECTORS OF THE HPU PANTHER CLUB | 686210 | THE COMPANY PROVIDES CONSTRUCTION SERVICES FOR HIGH POINT UNIVERSITY. | 0 |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 |
|---|---|---|---|
| X | FURNITURE | 3 | 0 |
| X | SERVICES | 4 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| THIRD PARTY USE: | PART I, LINE 32B: | OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. |
| NON REPORTING OF REVENUE: | PART I, LINE 33: | THE ORGANIZATION USED THE NON-CASH CONTRIBUTIONS FOR ITS EXEMPT PURPOSE AND SO NO REVENUE WAS GENERATED. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | PRESIDENT NIDO QUBEIN IS CHAIRMAN AND VICE PRESIDENT; ANDREW BILLS WAS A DIRECTOR OF GREAT HARVEST BREAD COMPANY DURING THE FISCAL YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE TAX RETURN PREPARER PROVIDES THE ORGANIZATION'S GOVERNING BODY A COPY OF FORM 990 TO BE FILED WITH THE INTERNAL REVENUE SERVICE FOR THE REVIEW OF THE ACCURACY OF THE INFORMATION REPORTED ON THE FORM 990. | |
| EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT. | FORM 990, PART VI, SECTION B, LINE 12C | |
| INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAIN/(LOSS) ON INVESTMENTS 4,533,884. CHANGE IN INTEREST RATE SWAP -408,442. TOTAL TO FORM 990, PART XI, LINE 5: 4,125,442. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1924 HOLDINGS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 833 MONTLIEU AVENUE | AddressLine1 |
| City | HIGH POINT | City |
| State | NC | State |
| ZIP Code | 27262 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900660924 | EIN |
| Primary Activities | RENTAL | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Total Income | 1043242 | TotalIncome |
| EOY Assets | 9823462 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGH POINT UNIVERSITY | BusinessNameLine1 |
Comments