2012-11-14T09:01:35-08:00 2012-06-30 Nicholson & Company PLLC P O Drawer 15099 Hattiesburg MS 394045099 990 2011-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 498 TUSCAN AVE BOX 2 HATTIESBURG MS 39401 GRANT GUTHRIE 2012-11-14 true Susan A Riley CPA 6012643519 2011 2016-02-24 21:20:13Z DR RAYMOND T KING 498 TUSCAN AVE BOX 2 HATTIESBURG MS 39402 80984085 false false X wmcarey.edu X 1892 MS TO PROVIDE QUALITY EDUCATION PROGRAMS WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 24 24 941 28193 24768 4535586 4359583 35355702 39171773 75278 -46218 3759599 3777562 43726165 47262700 7932997 7494470 0 19293895 21776141 0 482656 11325270 13017729 38552162 42288340 5174003 4974360 105172694 109056071 40839861 39847919 64332833 69208152 TO PROVIDE QUALITY EDUCATION PROGRAMS WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. false false 30528916 39171773 ACADEMIC PROGRAMSTHE UNIVERISTY MAINTAINS AN UNDERGRADUATE PROGRAM AND A GRADUATE PROGRAM AT THREE CAMPUSES. ENROLLMENT HAS GROWN TO OVER 3,500 STUDENTS. THE UNIVERSITY HAS A COMPREHENSIVE EDUCATION PROGRAM WHICH ENCOURAGES EACH STUDENT TO DEVELOP THE HIGHEST POTENTIAL POSSIBLE IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION.INCLUDED IN THIS PROGRAM ARE INSTRUCTIONAL AND RESEARCH, COLLEGE OF OSTEOPATHIC MEDICINE, ACADEMIC SUPPORT, AND INSTITUTIONAL SUPPORT. 2675741 2511649 AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS.AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF COMRADERY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY USES STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED. 2065569 216245 216245 STUDENT SERVICESSTUDENT SERVICES SUPPORT STUDENT LEARNING, CAREER SERVICES, DISABILITY SERVICES, RESIDENCE LIFE, STUDENT ACTIVITIES, STUDENT GOVERNMENT ASSOCIATION, SECURITY, TESTING, VOLUNTEER SERVICES, AND OTHER ASPECTS OF STUDENT LIFE. 35270226 true true false false false false false true false true true false false false true true false true true false false false false false true false false false true true false false false false false false false false true true true true false false false false true false false false false true 109 0 true 941 true true true false false false false false false true true true 1 false false false false false false false false false false false X 24 24 false false false false false false false true true false false false true true true true true true true false false false X X GRANT GUTHRIE VP BUS AFF CFO 6013186193 498 TUSCAN AVEBOX 2 HATTIESBURG MS 39401 MR JOSEPH D FAIL 1.00 X 0 0 0 MR DOYLE BALL 1.00 X 0 0 0 MS DORIS TULLOS 1.00 X 0 0 0 DR BRETT VALENTINE 1.00 X 0 0 0 DR JULES EUSTICE 1.00 X 0 0 0 DR DAVID MILLICAN 1.00 X 0 0 0 MR BILL RAY 1.00 X 0 0 0 REV ROSSIE FRANCIS 1.00 X 0 0 0 DR HUGH DICKENS 1.00 X 0 0 0 MR GARY FORDHAM 1.00 X 0 0 0 MRS JOAN WARREN 1.00 X 0 0 0 MRS MONA STEWART 1.00 X 0 0 0 MR STAN BURTON 1.00 X 0 0 0 DR ERIC LINDSTROM 1.00 X 0 0 0 MR STEVE GREENHAW 1.00 X 0 0 0 REV BO FARRIOR 1.00 X 0 0 0 DR BRYANT BARNES 1.00 X 0 0 0 GWEN JAMES 1.00 X 0 0 0 MR ODEAN BUSBY 1.00 X 0 0 0 DR LARUE STEPHENS 1.00 X 0 0 0 REV BEN CARLISLE 1.00 X 0 0 0 MR ROBERT ADDISON 1.00 X 0 0 0 DR JULIE PALMER 1.00 X 0 0 0 EMILY MOONEY 1.00 X 0 0 0 DR GARRY BRELAND 40.00 X 50375 0 47168 LINDA YORK 40.00 X 66085 0 13501 BRENDA WALDRIP 40.00 X 87540 0 17701 DR SCOTT HUMMELL 40.00 X 88773 0 12033 DR BENNIE CROCKETT JR 40.00 X 83981 0 33531 DR RAYMOND T KING 40.00 X 178393 0 39462 GRANT GUTHRIE 40.00 X 80141 0 10114 DARRELL E LOVINS 40.00 X 477943 0 33206 DR JUDY L TURNER 40.00 X 173593 0 10767 DR JOHN M JONES 40.00 X 213110 0 11271 DR JIM C WEIR 40.00 X 147324 0 5311 DR FRANK G BAUGH 40.00 X 107722 0 7652 DR THEODORE G SARPHIE 40.00 X 122206 0 8988 DR CLARK F MILLETTE 40.00 X 102461 0 8112 DR JAMES M TURNER 40.00 X 104841 0 5969 DR MICHAEL K MURPHY 40.00 X 105053 0 8483 2189541 273269 11 true true false PROFESSIONAL SECURITY 7165 HYW 49 HATTIESBURG MS 39402 SECURITY SERVICE 303698 NO BAPTIST THEOLOGICAL SEMINARY 3939 GENTILLY BLVD NEW ORLEANS LA 70126 RENT - N.O. CAMPUS 239674 MS POWER COMPANY PO BOX 245 BIRMINGHAM AL 35201 UTILITIES 791933 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICE 1060888 BARNES AND NOBLES 120 Mountain View Blvd Basking Ridge NJ 07920 BOOKSTORE PROVIDER 1323692 12 81805 821373 3456405 36256 4359583 EDUCATION & GENERAL REVEN 611600 39157767 39157767 ADVERTISING 541800 14006 14006 39171773 0 0 0 0 33509276 142705 33413628 284571 95648 -141866 -46218 -46218 12300 81805 23186 -10886 0 0 OTHER REVENUES 367877 353974 13903 INTEREST INCOME 553048 553048 AUXILIARY INCOME 2511649 2511649 355874 355590 284 3788448 47262700 42885810 28193 0 7494470 7494470 0 0 1573613 826188 658935 88490 0 16638613 14939785 1587505 111323 916711 736970 171504 8237 1434496 1102192 314202 18102 1212708 1057621 139911 15176 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 979101 734327 244774 0 3656569 2742427 914142 0 Other 675193 675193 MAINTENANCE 2029257 1014629 1014628 INSTRUCTIONAL 1163540 1163540 INSTITUTIONAL SUPPORT 1731185 1489857 241328 AUXILIARIES 1838539 1838539 944345 944345 42288340 35270226 6535458 482656 13317155 13416531 0 0 1076483 1644980 0 0 585081 612047 0 149190 118441 90398272 27756655 62619118 62641617 26520487 29655452 0 0 0 905180 967003 105172694 109056071 2024829 1950253 38071879 37146048 743153 751618 40839861 39847919 X 52291319 56569636 2397416 2256676 9644098 10381840 64332833 69208152 105172694 109056071 X 4974360 -99041 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 322190 X X X false 9644098 466735 676436 405429 10381840 8843071 175259 1024932 399164 9644098 8020637 190969 1041524 410059 8843071 1.00000 false true true 37000 6888237 6925237 62361914 13866354 48495560 2292258 791603 1500655 14201200 10494766 3706434 4617663 2603932 2013731 62641617 STUDENT DEPOSITS AND REFUNDS 751618 751618 47262700 42288340 4974360 -108246 -5582 -113828 4860532 47183044 -108246 28590 -79656 47262700 47262700 42322512 34172 34172 42288340 42288340 Part X Part X : FIN48 Footnote IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND INTERPRETATION OF FASB STATEMENT NO. 109 (FIN 48). EFFECTIVE SEPTEMBER 15, 2009, FIN 48 WAS SUPERSEDED BY FASB ASC 740, INCOME TAXES. FASB ASC 740 CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE UNIVERSITY'S INCOME TAX RETURNS. THE UNVIVERSITY'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED. THE UNIVERSITY'S OPEN TAX PERIODS ARE 2010-2012. THE UNIVERSITY BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES AND THAT NO UNCERTAIN TAX POSITIONS WERE TAKEN. Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S WCU Development Foundation Expenses $34214 Immaterial Adjustment $-42 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 WCU Development FDN. Interest Income $13023 WCU Development FDN. Realized Gain $14888 WCU Development FDN Additions $750 Immaterial Adjustment $-71 Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. The collection consists of art from the Lucille Parker Collection and the Sarah Gillespie Collection; rare books, artifacts, art, manuscripts in the Center for the Study of the Life and Work of William Carey; and rare books, artifacts, furniture, art, and manuscripts from the Dickinson Collection. The above collections further William Carey University's mission as an exempt organization by providing resources for scholarly research, preserving art for appreciation and study in an educational context, and gathering materials togther in order to make them available to a broader community. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The University publicizes its nondiscriminatory policy toward students at the beginning of each school year. This advertisement is published in the largest newspapers at all three campus locations. The policy is also prominently displayed on the website. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency SCHEDULE E, PAGE 1, #6A NATIONAL DIRECT STUDENT LOAN PELL GRANTS SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT COLLEGE WORK STUDY SPECIAL SERVICES GRANT false TRENT LOTT DINNER 75310 65370 9940 22767 OBRA QUAVE LEGACY 15745 13395 2350 419 91055 78765 12290 23186 23186 -10896 true X 0 0 Scholarships for Students @WCU 1686 6799269 Grants Frm DOE Disbursb to Students 158 216245 Grantmaker's Description of How Grants are Used All scholarships and grants are administered within the guidelines of the Department of Education. William Carey University's financial aid and business departments monitor the programs to assure that they follow federal guidelines. The independent auditors perform an audit on all federal programs annually. X true true X X X X X true false false false false false false false false false DR RAYMOND T KING 178393 13580 25882 217855 167194 DR MICHAEL K MURPHY 105053 6188 2295 113536 262634 DR JUDY L TURNER 173593 5321 5446 184360 DR JOHN M JONES 188110 25000 5756 5515 224381 153976 DR JIM C WEIR 147324 4384 927 152635 135799 DARRELL E LOVINS 477943 27658 5548 511149 184276 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Employees who are ordained ministers qualify for housing allowances. The amount of the housing allowance is included in Part VII, Section A, Column F. The housing allowance is also reported on the W-2, Box 14. The following ordained ministers received housing allowance:Dr. Raymond T. King, Dr. Bennie Crockett, Dr. Gary Breland, Dr. Daniel Caldwell, Dr. Tim Glaze, Dr. Donald Odom, Gary Blackwell, Dr Toxie Golson, Allen Thrash, and Wesley Dykes. JODY FAIL TEC TRUSTEE 5387 TELEPHONE COMPANY false JEFF PARKER - QUALITY COATINGS OFFICER'S RELATIVE 28880 PAINTER false LEWIS MYRICK ECONOMY SUPPLY TRUSTEE 8982 BUILDING MATERIAL false W A WARREN CONSTRUCTION CO TRUSTEE 161275 PARKING LOT PAVED false X 2 5577 FMV X 1 29000 MARKET VALUE X SUPPLIES 9 1679 COST TO DONOR 1 true true false Part I, Line 30, Arrangement for Holding Period Land on 37th Avenue, Hattiesburg, MS. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Financial statements are published in the Annual Book of Reports by the Mississippi Baptist Convention Board. This book is available to the public and on their website. The financial statements and tax return are available by requesting a copy from the Business Office through the CFO.Conflict of interest policy and other governing documents are available to all employees on our internal website. These are available to the general public upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE FINANCE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND MEETS ANNUALLY REGARDING EXECUTIVE COMPENSATION. THIS COMMITTEE DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON COMPARABILITY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DELIBERATION AMONG THE MEMBERS. AFTER THE COMMITTEE REACHES A CONCLUSION, THEY MAKE A RECOMMENDATION TO THE TRUSTEES. THE TRUSTEES THEN DISCUSS AND VOTE ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. ALL DISCUSSIONS CONCERNING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE MEETINGS FOR SUBSTANTIATION PURPOSES. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts EACH BOARD MEMBER MUST SIGN AN EXTENSIVE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH SCHOOL YEAR. SHOULD THE EXECUTIVE COMMITTEE HAVE CONCERNS ABOUT A CONFLICT OF INTEREST, THEY MEET WITH THE MEMBER AND MAKE A DECISION CONCERNING THIS. THE MATTER IS THEN BROUGHT TO THE ATTENTION OF THE ENTIRE BOARD TO BE RESOLVED. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process A COPY OF THE FORM 990 IS MAILED OR EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE EXECUTIVE COMMITTEE REVIEWS THE TAX RETURN IN DEPTH AND REPORTS THEIR FINDINGS TO THE GOVERNING BOARD. THE RETURN MUST BE REVIEWED AND APPROVED BY THE BOARD BEFORE IT IS FILED WITH THE IRS. Client Note 1 - William Carey CollegeForm 990, Schedule APart III#3aScholarships, grants, work study, and loan funds at William Carey University are administered in conjunction with a nationally established philosophy of distributing financial aid. The basis of this philosophy is the belief that the student and parents have the primary responsibility for paying the cost of education and that financial aid from the University is available only for meeting the difference between the cost of education and the amount the students and parents can reasonably be expected to contribute. A student's expected family contribution is determined by the Department of Education once a student has completed the Free Application for Federal Student Aid (FAFSA). William Carey Univ Development Fdn 498 Tuscan Avenue Campus Box 2 Hattiesburg MS 39401 640656856 Investment of Donor Funds for income for scholarships-WCU MS 501(c)(3) 11, Type 2 N/A false true false true false false false false false false false false false true true false false false true