2012-06-13T09:06:09-05:00 2011-07-31 WARREN & TALLENT CPA'S PLLC 606-C S MAIN ST SWEETWATER TN 37874 990 2010-08-01 620479189 CARSON-NEWMAN COLLEGE CARS 8654712000 PO BOX 557 JEFFERSON CITY TN TN 377600557 MARTHA CHAMBERS CPA 8654712000 2012-06-10 DAVID P BALES CPA 4233375003 2012-06-01 2010 2016-02-24 21:20:13Z DR J RANDALL O'BRIEN 1946 RUSSELL AVE JEFFERSON CITY TN 37760 56941242 false X WWW.CN.EDU X 1851 TN MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. 33 33 1089 1500 0 11783824 8272485 44353388 45290951 2787949 3347707 -2593920 30099 56331241 56941242 12221443 13135371 0 18996775 21610612 7244 0 1604015 18527209 18281648 49752671 53027631 6578570 3913611 98158435 102583215 47306962 47818131 50851473 54765084 X MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. false false 28303780 13135371 36566742 CARSON-NEWMAN COLLEGE IS A PRIVATE, CHRISTIAN-BASED LIBERAL-ARTS NOT-FOR- PROFIT INSTITUTION OF HIGHER EDUCATION WHICH IS OPERATED UNDER THE AUSPICES OF THE TENNESSEE BAPTIST CONVENTION. THE COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO APPROXIMATELY 2,000 STUDENTS, ACADEMIC SUPPORT THAT INCLUDES LIBRARY SERVICES, TUTORING, AND ENGLISH INSTRUCTION FOR SPEAKERS OF OTHER LANGUAGES. 8944067 857979 CARSON-NEWMAN COLLEGE PROVIDES STUDENT SERVICES THAT INCLUDE ADMISSIONS, ORIENTATION, REGISTRATION, FINANCIAL-AID ASSISTANCE COUNSELING, ACADEMIC SUPPORT AND CAREER COUNSELING, PSYCHOLOGICAL COUNSELING, INTRAMURAL PROGRAMS, AND INTER-COLLEGIATE ATHLETICS. 9403951 7840082 CARSON-NEWMAN COLLEGE PROVIDES AUXILIARY ENTERPRISES TAHT INCLUDE HOUSING FOR APPROXIMATELY 1,100 FULL-TIME STUDENTS RESIDENTIAL STUDENTS, FOOD SERVICE, A BOOKSTORE, AND FACILITIES FOR SUMMER PROGRAMS OPERATED BY LIFEWAY MINISTRIES FOR APPROXIMATELY 4,000 CHILDREN. 26148 CARSON-NEWMAN COLLEGE INTEGRATES ITS STUDENTS INTO BENEVOLENT MINISTRIES THAT IT OPERATES TO SERVICE THE INDIGENT (APPALACHIAN OUTREACH SPONSORS MISSION TRIPS, PROVIDES HOME REPAIR, A FOOD PANTRY, CLOTHING, HOUSEHOLD GOODS AND EDUCATIONAL PROGRAMS THAT INCLUDE TUTORING AND LIFE SKILLS TRAINING AND ITS SAMARITAN HOUSE PROVIDES TEMPORARY HOUSING FOR HOMELESS FAMILIES IN EAST TENNESSEE). 26148 46651798 true true false false false false false false false true true false false true true false true true true false false false false false false false false false true true false false false false false true false false true false false false false true true true false false true 61 0 true 1089 true false false false false false true true false false false false false false X 33 33 false false false false false false false true true false false true true true true true true false false false X MARTHA CHAMBERS CPA 8654714351 1646 RUSSELL AVENUE JEFFERSON CITY TN 377600557 MR ALLEN MORGAN 10.00 X 0 0 0 MR T MAXFIELD BAHNER 10.00 X 0 0 0 MR ROBERT H BIBLE JR 10.00 X 0 0 0 MR DOUG BLALOCK 10.00 X 0 0 0 MRS JEANETTE D BLAZIER 10.00 X 0 0 0 DR MILES BOYD 10.00 X 0 0 0 MR RONALD STEWART 10.00 X 0 0 0 MRS BETTY R CATLETT 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3 true true false ARAMARK CORPORATION 809 E COLLEGE STREET JEFFERSON CITY TN 377602236 FOOD SERVICE 3064993 BIBLE INSURANCE 1600 E ANDREW JOHNSON HWY MORRISTOWN TN 37816 INSURANCE 473979 STIENWAY PIANO CALLERY 4285 SIDCO DRIVE NASHVILLE TN 37204 PIANO SERVICES 347165 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 MARKETING 330532 KSI CONSULTING 7742 SPALDING DRIVE 351 NORCROSS GA 30092 INSURANCE 309000 5 130810 8141675 293354 8272485 TUITION AND FEES 611600 36566742 36566742 DINING SERVICES 531110 3802296 3802296 STUDENT HOUSING 722210 2715601 2715601 BOOKSTORE 451211 1322185 1322185 INTERCOLLEGIATE ATHLETICS ETC 531110 857979 857979 26148 26148 45290951 3347707 3347707 CHANGE IN VALUATION OF INTERE 900099 95854 95854 CHANGE IN VALUATION OF ANNUIT 900099 10143 10143 CHANGE IN NET PENSION LIABILI 900099 -75898 -75898 30099 56941242 45290951 3377806 13135371 13135371 16651511 14337035 1428338 886138 966013 733314 175933 56766 2827704 2360595 375192 91917 1165384 1005401 88946 71037 96951 3120 93731 100 45953 13000 32953 2168309 2081116 71121 16072 85562 85562 2794540 1845231 690667 258642 501044 85041 358745 57258 5881387 5663778 217609 747307 660322 55416 31569 235489 182140 36498 16851 964877 954237 10640 2678360 2393918 284442 354308 354308 COST OF BOOKS/GOODS SOLD 781543 781543 BAD DEBT (RECOVERIES) 552092 -35857 587949 DUES AND SUBSCRIPTIONS 298447 98079 195117 5251 MISCELLANEOUS 64032 106 37074 26852 HAZARDOUS WASTE REMOVAL 31447 31447 53027631 46651798 4771818 1604015 2552697 3857157 5204654 1953315 1660506 2124844 2286652 2131871 1533476 1019898 267997 94439785 47879221 47233755 46560564 24983234 30191878 90232 67357 11593331 15428232 98158435 102583215 21806926 21613822 863070 891778 19387419 20319940 5249547 4992591 47306962 47818131 X -2636648 1619641 9849736 7307453 43638385 45837990 50851473 54765084 98158435 102583215 3913611 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 42894626 1784542 3008531 1565721 -1432 46123410 40638138 1434509 2493808 1410115 261714 42894626 40266148 4767893 -2398226 1130849 866828 40638138 0.02200 0.99400 0.03300 false false false 1909747 1909747 66186977 27249440 38937537 23739049 19390174 4348875 2604012 1239607 1364405 46560564 BENEFICIAL INTEREST IN TRUST 5980455 ADVANCES TO EAGLE FOUNDATION 4942310 PROPERTY HELD FOR RESALE/INVESTMENT 4505467 15428232 ADVANCES FROM FEDERAL GOVERNMENT 1934223 INTEREST RATE SWAPS 1585710 ANNUIITIES PAYABLE 1472658 4992591 56941242 53027631 3913611 -301529 -301529 3612082 43805871 43805871 13135371 13135371 56941242 40193788 -13135371 -13135371 53329160 -301529 -301529 53027631 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 EAGLE FOUNDATION - INTEREST EXPENSE -7,614 EAGLE FOUNDATION - DEPRECIATION EXPENSE -293,915 SCHOLARSHIPS AND FELLOWSHIPS -13,135,371 BOOK / TAX DEPRECIATION DIFFERENCE 2,678,360 EXPENSE AMOUNTS INCLUDED IN 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FOR STUDENT 232 1897015 X X X true true X X X false false false false false false false false false DR J RANDALL O'BRIEN 214471 21139 34361 269971 DR DANNY P HOLLINGSWORTH 147210 6566 153776 ROBERT H BIBLE JR TRUSTEE 475625 INSURANCE false X 2 35008 X 1 22500 X 2 96016 X 1 134830 X 1 5000 false true false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D CARSON-NEWMAN COLLEGE INTEGRATES ITS STUDENTS INTO BENEVOLENT MINISTRIES THAT IT OPERATES TO SERVICE THE INDIGENT (APPALACHIAN OUTREACH SPONSORS MISSION TRIPS, PROVIDES HOME REPAIR, A FOOD PANTRY, CLOTHING, HOUSEHOLD GOODS AND EDUCATIONAL PROGRAMS THAT INCLUDE TUTORING AND LIFE SKILLS TRAINING AND ITS SAMARITAN HOUSE PROVIDES TEMPORARY HOUSING FOR HOMELESS FAMILIES IN EAST TENNESSEE). ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE FORM 990 AND ALL ATTACHMENTS IS E-MAILED TO EACH MEMBER OF THE BOARD OF TRUSTEES. THE TRUSTEES ARE ASKED TO REVIEW AND EITHER APPROVE IT AS IS OR OFFER COMMENT OR RECOMMENDATIONS FOR CHANGE. CHANGES ARE MADE IF APPROPRIATE ADN THE DRAFT IS RE-SUBMITTED FOR FINAL APPROVAL. THE ORGANIZATION PROVIDES A DRAFT OF THE FORM 990 TO ITS TRUSTEES AND ASKS THEM TO APPROVE THE SAME. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE'S LEGAL COUNSEL EXPLAINED THE CONFLICT-OF-INTEREST POLICY TO ALL TRUSTEES WHO THEN IN TURN COMPLETED AND SIGNED CONFLICT-OF-INTEREST STATEMENTS. CERTAIN MEMBERS OF THE COLLEGE'S BOARD OF TRUSTEES HAVE DISCLOSED THAT THEY MANAGE OR HAVE FINANCIAL INTERESTS IN ENTITITES WHICH ENGAGE IN CERTAIN BUSINESS TRANSACTIONS WITH THE COLLEGE. IT IS THE OPINION OF MANAGEMENT THAT THESE TRANSACTIONS ARE EITHER IMMATERIAL OR THE TERMS OF THESE TRANSACTIONS ARE NO LESS FAVORABLE TO THE COLLEGE THAN WHAT COULD HAVE BEEN OBTAINED FROM UNRELATED ENTITIES. COMPENSATION SALARIES ARE DETERMINED BASED UPON JOB FUNCTION WHEN AN INDIVIDUAL IS HIRED. THE COLLEGE HAS A HIERARCHICAL ORGANIZATIONAL STRUCTURE IN WHICH SUPERVISORS, DEPARTMENT HEADS, DEANS, VICE PRESIDENTS, AND THE PRESIDENT ARE INVOLVED IN DETERMINING THE ALLOWABLE COMPENSATION FOR A PARTICULAR FUNCTION (I.E., JOB FUNCTION). THERE ARE NO INDEPENDENT PERSONS OR PARTIES THAT REVIEW INDIVIDUAL COMPENSATION ARRANGEMENTS, BUT THE COLLEGE ADMINISTRATION IS SENSITIVE TO CONFLICTS OF INTEREST SITUATIONS AND REQUIRES ALL COMPENSATION TO BE BASED ON MARKET VALUES. THE BOARD OF TRUSTEES PERSONNEL COMMITTEE REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION AND OTHERS AS NEEDED. SUBSTANTIATION FOR COMPENSATION CONSISTS OF COMPARISONS AT PEER COLLEGES AND COMPARABLE JOBS IN THE REGION. ALL EMPLOYEE COMPENSATION DECISIONS ARE DOCUMENTED WITH APPROPRIATE APPROVALS IN INDIVIDUAL PERSONNEL FILES. SUCH DOCUMENTATION INCLUDES, BUT IS NOT LIMITED TO, OFFER LETTERS, CONTRACTS, AND MEMORANDUMS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 CARSON-NEWMAN COLLEGE IS COMMITTED TO OFFERING TRANSPARENCY AND HONORS ALL REQUESTS FOR SUCH INFORMATION TIMELY. EAGLE FOUNDATION PO BOX 557 JEFFERSON CITY TN 37760 202103344 SUPPORT OR TN 501C3 11B NA false false false false false false false false false true false false false true true false false false false EAGLE FOUNDATION I 1 EAGLE FOUNDATION M 10982135 EAGLE FOUNDATION N 5000