2012-03-15T16:27:34-05:00 2011-05-31 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2010-06-01 620599339 CUMBERLAND UNIVERSITY CUMB 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 37087 JUDY JORDAN 6155471249 2012-03-02 1 PAUL B VANTREASE JR CPA 6158936666 2012-03-02 X 2010 2016-02-24 21:20:13Z JUDY JORDAN ONE CUMBERLAND SQ LEBANON TN 37087 32845151 0 X WWW.CUMBERLAND.EDU X 1842 TN PROVIDING PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 25 25 499 0 0 0 3559427 3440722 25009351 27003537 -324423 130007 94015 126691 28338370 30700957 11602097 12475490 0 0 8049248 9638518 0 0 498489 7119681 7984628 26771026 30098636 1567344 602321 32464940 35274732 6083878 7155484 26381062 28119248 X TO PROVIDE PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. 0 0 6946337 12475490 13689346 INSTRUCTION - PRIVATE UNIVERSITY PROVIDING EDUCATION FOR APPROXIMATELY 965 FULL-TIME AND 150 PART-TIME UNDERGRADUATE AND 250 GRADUATE STUDENTS THROUGH ITS FIVE UNDERGRADUATE DIVISIONS AND GRADUATE PROGRAMS. 4316588 3829999 STUDENT SERVICES - PROVIDE SERVICES TO THE APPROXIMATELY 1,365 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS. 2406834 OTHER SERVICES - SERVICES OPERATED FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY, AND STAFF. 12475490 2236361 12475490 GRANTS & ALLOCATIONS - PROVIDES ASSISTANCE THROUGH FUNDED AND UNFUNDED SCHOLARSHIPS AND AWARDS TO THE APPROX 1,330 STUDENTS AND THROUGH GOVT FUNDED STUDENT FINANCIAL AID PROGRAMS TO APPROX 778 STUDENTS QUALIFYING FOR GOVT ASSISTANCE. 12475490 2236361 12475490 26145249 1 1 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 88 0 499 1 0 0 0 0 0 1 1 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X MS JUDY JORDAN 6154442562 ONE CUMBERLAND SQUARE LEBANON TN 370873554 WP BONE III 2.00 X 0 0 0 MARTHA BRADSHAW 1.00 X 0 0 0 J RANDALL CLEMONS 1.00 X 0 0 0 SANDRA MOSS DUNCAN 2.00 X 0 0 0 J SAM HATCHER 1.00 X 0 0 0 WILLIAM D HEYDEL DLL 1.00 X 0 0 0 JIM K LANCASTER DLL 1.00 X 0 0 0 BOB MCDONALD 2.00 X 0 0 0 FRAN MOSCARDELLI 1.00 X 0 0 0 MARK RIGGINS 1.00 X 0 0 0 ANNE B ROBERTS 1.00 X 0 0 0 DR EDWARD L THACKSTON PHD 8.00 X 0 0 0 JOE ADAMS 4.00 X 0 0 0 JACQUELINE COWDEN 1.00 X 0 0 0 TRENT MCCRACKEN 1.00 X 0 0 0 FORREST SHOAF 1.00 X 0 0 0 BILL VALLETT 1.00 X 0 0 0 ROBERT N VERO 1.00 X 0 0 0 DAVID PAUL 1.00 X 0 0 0 JOHN VAN MOL 1.00 X 0 0 0 EDWARD CALLIS 1.00 X 0 0 0 GREG DUGDALE 1.00 X 0 0 0 SAAD EHTISHAM 1.00 X 0 0 0 ROY WAUFORD 1.00 X 0 0 0 DR HARVILL EATON PHD 40.00 X X 200000 0 10166 EDDIE PAWLAWSKI 40.00 X X 105060 0 5303 WILBUR PETERSON PHD 40.00 X 86215 0 4367 JOE GRAY 40.00 X 90255 0 4567 JUDY JORDAN 40.00 X 70255 0 3555 ROBERT CARVER BONE MD 0.00 X 0 0 0 DR JIM CARROLL DLL 0.00 X 0 0 0 ROBERT H TRAEGER 0.00 X 0 0 0 ALFRED A ADAMS 0.00 X 0 0 0 RODNEY V AHLES 0.00 X 0 0 0 WILLIAM D CASTLEMAN 0.00 X 0 0 0 ROBERT N CLEMENT 0.00 X 0 0 0 ALBERT A GORE JR 0.00 X 0 0 0 KENNETH J HAWKINS 0.00 X 0 0 0 LYNN LESTER 0.00 X 0 0 0 RAY C PHILLIPS PHD 0.00 X 0 0 0 HARRY VISE 0.00 X 0 0 0 551785 0 27958 2 0 1 0 STEED BROTHERS CONTRACTORS LLP 309 E MAIN ST LEBANON TN 37087 CONTRACTOR 1205021 CHARTWELLS DINING SVC PO BOX 91337 CHICAGO IL 606931337 DINING SERVICES 1169960 STOCKTON BUILDING CORP PO BOX 2459 LEBANON TN 37088 CONSTRUCTION 283397 EARL SWENSSON ASSOCIATES INC PO BOX 410628 NASHVILLE TN 372410628 ARCHITECT 264102 DYE VAN MOL & LAWRENCE INC 700 12TH AVE S STE 400 NASHVILLE TN 37203 ADVERTISING 222205 8 2236361 1204361 161939 3440722 TUITION & FEES 611310 23928475 23928475 STUDENT ROOM AND BOARD 611310 2440433 2440433 SUMMER CAMP, PROFESSIO 611310 340762 340762 AUXILIARY ENTERPRISES 611310 293867 293867 27003537 288966 288966 1356988 1515947 -158959 -158959 -158959 61385 51264 10121 10121 693553 576983 116570 116570 30700957 27133544 0 126691 12475490 12475490 565274 298240 246118 20916 7624394 6252264 1073143 298987 210739 168549 33950 8240 541989 534723 7266 696122 556758 112145 27219 121548 121548 1472291 1199984 247072 25235 264213 26159 238054 1982093 1351534 533264 97295 1008233 265610 742623 1670952 1609648 51266 10038 19111 13621 5490 139770 139770 956976 956976 77066 77066 MEMBERSHIPS/SUBSCRIPTIO 124367 72194 42364 9809 PUBLICATIONS 54017 54017 RECRUITING 53486 53486 MISCELLANEOUS 40505 39160 595 750 30098636 26145249 3454898 498489 6313867 5759511 569712 575529 735401 639883 1207833 1476866 276622 234536 367820 404552 187071 330717 29208795 13320055 14074499 15888740 4657823 6307418 3863979 3424552 210313 232428 32464940 35274732 1631638 1301767 1357310 1921099 2427182 3427199 667748 505419 6083878 7155484 X 16565702 17542707 4838107 5285222 4977253 5291319 26381062 28119248 32464940 35274732 X 602321 1135865 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 8571502 24740 1185428 9781670 7645949 37383 990062 101892 8571502 8806248 284247 -1122349 322197 7645949 0.41760 0.58240 0.00000 0 0 1056198 1056198 18236165 7111590 11124575 6266895 5066817 1200078 3649537 1141648 2507889 15888740 CERTIFICATE OF DEPOSITS AND MONEY MARKET FUNDS 3405907 F ACCRUED INTEREST RECEIVABLE 18645 F 3424552 FEDERAL STUDENT LOAN FUNDS 281871 LIABILITIES UNDER ANNUITY AGREEMENTS 143212 CAPITAL LEASE OBLIGATIONS 80336 505419 30700957 30098636 602321 1108218 27647 1135865 1738186 22360231 1108218 790186 1898404 20461827 10239129 10239129 30700956 20622045 762539 762539 19859506 10239129 10239129 30098635 PART III, LINE 4: THE UNIVERSITY HOUSES A COLLECTION OF MOUNTED ANIMAL SPECIES FROM VARIOUS COUNTRIES IN ITS ADMINISTRATION BUILDING. THE COLLECTION IS VISITED FREQUENTLY BY CLASSES FROM DAY CARES, ELEMENTARY SCHOOLS, AND THE GENERAL PUBLIC. THE UNIVERSITY HOUSES A COLLECTION OF HISTORICAL RECORDS INCLUDING ORIGINAL MINUTES FROM ITS ORIGINATION IN THE LIBRARY ARCHIVES. THESE RECORDS ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT FOR PERSONAL RESEARCH AND ARE PRESERVED FOR FUTURE GENERATIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 27,647. PART XII; LINE 2D: COST OF GOODS SOLD $576,983, DONATED FACILITY USE $161,939, FUNDRAISING EXPENSE $51,264, PART XII; LINE 4B: SCHOLARSHIPS $10,239,129, PART XIII; LINE 2D: COST OF GOODS SOLD $576,983, DONATED FACILITY USE $161,939, FUNDRAISING EXPENSE $51,264, CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -$27,647 PART XIII; LINE 4B: SCHOLARSHIPS $10,239,129, 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 IN COMMERCIALS AND MEDIA COVERAGE OF THE UNIVERSITY, THE NONDISCRIMINATORY POLICY IS MENTIONED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES MONIES FROM U.S. DEPT OF EDUCATION AND TENNESSEE STUDENT ASSISTANCE CORPORATION IN THE FORM OF VARIOUS GRANTS. FEDERAL GRANTS INCLUDE PELL, SEOG, FEDERAL WORK STUDY. UNIVERSITY ALSO MAINTAINS ELIGIBILITY TO PARTICIPATE IN FEDERAL STAFFORD LOAN AND FEDERAL PERKINS LOAN PROGRAMS. STATE GRANTS RECEIVED IN FORM OF TSAC AND VOCATIONAL REHAB GRANTS. X X X X X X X TN PHOENIX BALL 61385 61385 51264 61385 61385 51264 51264 10121 1 STUDENT SCHOLARSHIPS 12475490 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS ARE VERIFIED FOR ELIGIBILITY AND FUNDS ARE POSTED TO EACH STUDENT'S ACCOUNT. ACCOUNT IS REFUNED IF NOT USED IN SPECIFIED TIME OR IF STUDENT WITHDRAWS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR HARVILL EATON PHD 200000 0 0 0 0 0 10166 0 0 0 210166 0 0 0 PART I, LINE 1A PRESIDENT HARVILLE EATON IS PROVIDED A RESIDENCE AS PROVIDED FOR BY HIS EMPLOYMENT CONTRACT. IT HAS A VALUE OF $1,100/MONTH. WP BONE WILSON COUNTY MOTORS 4732 PURCHASE ONE USED VEHICLE AND VARIOUS MAINTENANCE TO VEHICLES. 0 CUMBERLAND DIRECTORS BAIRD FOUNDATION 0 BRYANT CARROLL BRADSHAW BAIRD TRUST 0 JOHN VAN MOL DYE, VAN MOL AND LAWRENCE 222205 ADVERTISING AGENCY 0 SAAD ETHISHAM UNIVERSITY MEDICAL CENTER 25385 HOSPITAL 0 X USE OF SPACE/RENT 1 161939 FAIR MARKET VALUE OF SQUARE FEET 0 1 1 THIRD PARTY USE: PART I, LINE 32B: WACHOVIA IS HIRED TO SELL GIFTS OF SECURITIES FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: THREE DIRECTORS OF CUMBERLAND UNIVERSITY ARE ALSO DIRECTORS OF CEDARSTONE BANK, ONE OF WHOM IS THE PRESIDENT OF THE BANK. THE MEMBERS ARE FRAN MOSCARDELLI, BOB MCDONALD, AND JACKIE DOWDEN. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUST (ALL UNPAID) APPOINTS A COMMITTEE (EXCLUSIVE OF BOARD OFFICERS) TO EVALUATE THE PRESIDENT'S PERFORMANCE COMPARED TO ESTABLISHED GOALS. THE COMMITTEE USES AAUP SURVEYS FOR COMPARABLE SCHOOLS AND RECOMMENDS TO THE BOARD ANY CHANGES IN SALARY SUBJECT TO THE COMPLETE BOARD OF TRUST VOTE. MINUTES ARE KEPT OF COMMITTEE AND BOARD MEETINGS TO SUBSTANTIATE THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,108,218. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 27,647. TOTAL TO FORM 990, PART XI, LINE 5: 1,135,865. 990 REVIEW PROCESS FORM 990, PART XI, LINE 2C THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED FORM 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING.