2011-02-15T14:56:39-06:00 2010-06-30 ELLIOTT DAVIS LLCPLLC P O BOX 429 GREENWOOD SC 296480429 990 2009-07-01 570314390 ERSKINE COLLEGE AND THEOLOGICAL SEMINARY ERSK 8643798812 PO BOX 338 DUE WEST SC 29639 GREGORY W HASELDEN 8643798812 2011-02-15 1 CHARLES W SCHULZE 8642294951 2009 2016-02-24 21:20:13Z GREGORY W HASELDEN 2 WASHINGTON STREET DUE WEST SC 29639 42021027 0 X www.erskine.edu X 1837 SC THE COLLEGE'S MISSION IS TO EQUIP STUDENTS TO FLOURISH BY PROVIDING AN EXCELLENT LIBERAL ARTS EDUCATION IN A CHRIST-CENTERED ENVIRONMENT WHERE LEARNING AND BIBLICAL TRUTH ARE INTEGRATED TO DEVELOP THE WHOLE PERSON. ERSKINE THEOLOGICAL SEMINARY IS AN EDUCATIONAL INSTITUTION OF THE ASSOCIATE REFORMED PRESBYTERIAN CHURCH, AND THE SEMINARY HAS BEEN CALLED BY GOD AND COMMISSIONED BY ITS HOST TO SERVE NOT ONLY THAT DENOMINATION, BUT ALSO THE ENTIRE CHURCH OF JESUS CHRIST. THE MISSION OF ERSKINE THEOLOGICAL SEMINARY IS TO EDUCATE PERSONS FOR SERVICE IN THE CHRISTIAN CHURCH. 34 34 513 15 0 0 5069242 3326677 20473576 21177192 -6493398 1546486 100197 165763 19149617 26216118 7617190 8969334 0 10314257 10314257 0 544906 9617339 10596154 27548786 29879745 -8399169 -3663627 76825131 77068358 20191526 21219016 56633605 55849342 THE COLLEGE'S MISSION IS TO EQUIP STUDENTS TO FLOURISH BY PROVIDING AN EXCELLENT LIBERAL ARTS EDUCATION IN A CHRIST-CENTERED ENVIRONMENT WHERE LEARNING AND BIBLICAL TRUTH ARE INTEGRATED TO DEVELOP THE WHOLE PERSON. THE SEMINARY'S MISSION IS TO EDUCATE PERSONS FOR SERVICE IN THE CHRISTIAN CHURCH. 0 0 16563542 16449609 COLLEGE AND SEMINARY EDUCATION,STUDENT ROOM AND BOARD, ATHLETICS, BOOKSTORE, AND OTHER COLLEGE ACTIVITIES 16563542 1 1 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 57 0 1 513 1 0 0 0 0 1 1 0 1 1 0 0 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X GREGORY W HASELDEN 8643798812 ERSKINE COLLEGE BUSINESS OFFICE DUE WEST SC 29639 THE REV WL BARRON SR 0.10 X 0 0 0 THE REV DR DL PEARSON 0.10 X 0 0 0 GS QUERY 0.10 X 0 0 0 DR DP YOUNG 0.10 X 0 0 0 CRAIG WHITE 0.10 X 0 0 0 RS GALLOWAY III 0.10 X 0 0 0 DR RG GORDON 0.10 X 0 0 0 DSCOTT MITCHELL 5.00 X 0 0 0 THE REV DR RB WILSON 0.10 X 0 0 0 THE REV RW CAMERON JR 0.10 X 0 0 0 WR FOLKS JR 0.10 X 0 0 0 SJ MAYE 0.10 X 0 0 0 JH PATRICK III 0.10 X 0 0 0 THE REV E R SPENCER 0.10 X 0 0 0 JD BASIE 0.10 X 0 0 0 JM CLEMONS 0.10 X 0 0 0 THE REV DR JT CORBITT 0.10 X 0 0 0 THE REV JC DORR JR 0.10 X 0 0 0 L CROSLAND STUART 0.10 X 0 0 0 WS CAIN 0.10 X 0 0 0 THE REV DR CB EVANS 0.10 X 0 0 0 JULIA T BOYD 0.10 X 0 0 0 THE REV JW DONAHUE 0.10 X 0 0 0 THE REV DR JOHNSTON 0.10 X 0 0 0 DR RG TAYLOR JR 0.10 X 0 0 0 DR DB WHITESIDES 0.10 X 0 0 0 THE REV HM BOLIN 0.10 X 0 0 0 THE REV FS CARR 0.10 X 0 0 0 LR NYCUM MD 0.10 X 0 0 0 LISA ROBINSON SENN 0.10 X 0 0 0 THE REV DR JR DE WITT 0.10 X 0 0 0 JD CHESTNUT 0.10 X 0 0 0 KATHY H BARRON 0.10 X 0 0 0 JENNIFER GILKISON 0.10 X 0 0 0 RANDALL TUCKER RUBLE 40.00 X X 161800 0 11507 GREGORY HASELDEN 40.00 X X 110118 0 11396 NEELY GASTON 40.00 X X 107421 0 8177 DAVID O'CAIN 40.00 X X 103728 0 16004 RALPH PATTERSON 40.00 X 75132 0 5758 WILLIAM G ALSTON 40.00 X 97463 0 6626 ROBYN R AGNEW 40.00 X 66870 0 5066 LLOYD MELTON 40.00 X 117199 0 8484 DONALD WEATHERMAN 40.00 X 53846 0 11360 MONTY WOOLEY 40.00 X 35266 0 4339 928843 0 88717 5 1 1 0 ARAMARK SERVICES PO BOX 518 DUE WEST SC 29639 FOOD SERVICE PROVIDER 1588045 PALMETTO INSURANCE ASSOCIATES 1807 NORTH BOULEVARD ANDERSON SC 29621 LIABILITY INSURER 163192 EBSCO SUBSCRIPTION SERVICES PO BOX 2543 BIRMINGHAM AL 35202 ONLINE LIBRARY SUBSCRIPTIONS 141663 5 78556 3248121 3326677 STUDENT TUITION & FEES 611710 16449609 16449609 ROOM AND BOARD 611710 4381838 4381838 OTHER 611710 345745 345745 21177192 149383 149383 63234 63234 63234 63234 16878599 15481496 1397103 1397103 1397103 425942 323413 102529 102529 26216118 21177192 0 1712249 8969334 8969334 684966 268061 379339 37566 7909053 5054395 2498805 355853 410789 247465 133818 29506 678283 420607 227445 30231 631166 390113 210956 30097 19229 19229 37121 37121 215125 215125 514075 192162 273065 48848 149181 81492 56614 11075 683204 683204 1488195 1488195 OTHER EXPENSES 7166795 867950 6306610 -7765 TELEPHONE 175821 7716 166174 1931 POSTAGE 92458 44676 40218 7564 PRINTING AND PUBLICATIO 54950 19571 35379 29879745 16563542 12771297 544906 723899 489989 236495 174415 652850 791403 998574 1003659 188283 197708 61378 66844 50819662 21148011 30579540 29671651 43235464 44530150 148648 142539 76825131 77068358 1350554 1580516 541382 381524 11500000 11500000 1778580 1893894 5021010 5863082 20191526 21219016 X 5842951 5145870 1268306 1342920 49522348 49360552 56633605 55849342 76825131 77068358 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 33 33 1 0 0 927936 X X 0 42500837 777955 1345693 1017826 43606659 52253746 1887246 -8071632 3568523 42500837 0.01000 0.99000 0.00000 0 0 260969 260969 41238771 21148011 20090760 8419688 8419688 900234 900234 29671651 INVESTMENTS 39028918 F COLLECTION ITEMS 927936 C TRUST FUND ASSETS 4573296 C 44530150 US GOVERNMENT LOAN FUNDS REFUNDABLE 961407 ANNUITY PAYMENTS LIABILITY 3385267 iNTEREST RATE SWAP LIABILITY 1516408 5863082 26216118 29879745 -3663627 2555951 323413 2879364 -784263 29095482 2555951 2555951 26539531 -323413 -323413 26216118 20910411 0 20910411 8969334 8969334 29879745 Part II, Line 9: Description of How Organization Reports Conservation Easements: THE COLLEGE HAS FIVE BUILDINGS ON CAMPUS THAT ARE LISTED ON THE NATIONAL HISTORIC REGISTER. Part III, Line 4: THE INSTITUTION HAS AN ART MUSEUM ON CAMPUS WHERE MOST COLLECTIONS ARE PLACED ON EXHIBIT. CERTAIN COLLECTIONS MAY BE MAINTAINED IN THE INSITUTION'S ARCHIVES. Part XI, Line 8 - Other Adjustments: COST OF GOODS SOLD: 323413. Part XII, Line 2d - Other Adjustments: UNREALIZED GAIN ON INVESTMENTS: 2555951. Part XII, Line 4b - Other Adjustments: BOOKSTORE COGS: -323413. Part XIII, Line 4b - Other Adjustments: SCHOLARSHIPS: 8969334. 1 1 1 THE INSTITUTION'S RACIALLY NONDISCRIMINATORY POLICY IS MADE AVAILABLE THROUGH LOCAL PRINT MEDIA OUTLETS, COLLEGE AND SEMINARY ADMISSIONS PUBLICATIONS, AND COLLEGE AND SEMINARY CATALOGUES. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE COLLEGE RECEIVES FINANCIAL AID FROM A GOVERNMENTAL AGENCY TO HELP STUDENTS OBTAIN AN EDUCATION. 1 1 SCHOLARSHIPS 317 7714549 ATLETIC SCHOLARSHIPS 181 1254785 X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 RANDALL TUCKER RUBLE 161800 0 0 0 0 0 11456 0 51 0 173307 0 77082 0 DONALD WEATHERMAN 53846 0 0 0 0 0 4201 0 7159 0 65206 0 65206 0 MONTY WOOLEY 35266 0 0 0 0 0 2704 0 1635 0 39605 0 39605 0 Part I, Line 1a DISCRETIONARY SPENDING ACCOUNTS ARE AVAILABLE TO THE PRESIDENT AND CERTAIN VICE PRESIDENTS. ALL EXPENDITURES FROM DISCRETIONARY SPENDING ACCOUNTS REQUIRE APPROPRIATE DOCUMENTATION AND SIGNATURE APPROVALS PRIOR TO THE EXPENDITURE BEING PROCESSED. COLLEGE HOUSING IS PROVIDED TO A VICE PRESIDENT. AS PART OF THE ARRANGEMENT, THE EMPLOYEE IS EXPECTED TO HOST CERTAIN COLLEGE EVENTS AT THE RESIDENCE. TAX EXEMPT VARIABLE RATE DEMAND EDUC FACILITIES REVENUE BONDS SERIES 2006 11500000 CONSTRUCTION OF COLLEGE FACILITIES 0 0 0 0 1 1 0 0 0 0 0 1 0 1 1 NATIONAL BANK OF SC C/O SYNOVUS 15.000000000000 0 0 0 Form 990, Part VI, Section B, line 11 The Board of Trustees of the institution has Empowered the Finance Committee to review and approve the Form 990 prior to filing by the institution. Additionally, copies of the FILED Form 990 are made available to all members of the Board of Trustees UPON REQUEST. Form 990, Part VI, Section B, line 12c The President and Vice Presidents are required to complete annual conflict of interest forms on an annual basis. All other institution staff complete the forms every other year. These forms are reviewed by management and a report is given to the Board of Trustees each fall at the semi-annual meeting. Form 990, Part VI, Section B, line 15 The President's compensation is reviewed on an annual basis as part of a performance review by the Board of Trustees. Compensation is compared against information obtained from Form 990s of other institutions similar in size to Erskine. Form 990, Part VI, Section C, line 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part VII Contact Addresses for Officers, Directors, Etc THE REV. W.L. BARRON, SR. - FIVE WINDSFORD DRIVE, GREENVILLE, SC 29609. THE REV. DR. D.L. PEARSON - PO BOX 504, CHESTER, SC XXX-XX-XXXX. G.S. QUERY - 707 KINGSBRIDGE RD, COLUMBIA, SC 29210. DR. D.P. YOUNG - 104 SYCAMORE DRIVE, FLAT ROCK, NC 28731. CRAIG WHITE - 503 LODGE DRIVE, GREENWOOD, SC 29646. R.S. GALLOWAY, III - PO BOX 2048, GREENVILLE, SC 29602. DR. R.G. GORDON - 106 BANBURY CIRCLE, SIMPSONVILLE, SC 29681. D.SCOTT MITCHELL - SUPREME COURT OF ALABAMA, 300 DEXTER AVE, MONTGOMERY, AL 36104. THE REV. DR. R.B. WILSON - 4333 WOOD FOREST DRIVE, ROCK HILL, SC 29732. THE REV. R.W. CAMERON, JR - PO BOX 326, LAKE PLACID, FL 33862. W.R. FOLKS, JR - 209 POLO ROAD, COLUMBIA, SC 29223. S.J. MAYE - 6517 BUGGY WHIP LANE, WAXHAW, NC 28173. J.H. PATRICK III - 715 LANDFALL DR, ROCK HILL, SC 29732. THE REV. E. R. SPENCER - 317 S. CHESTER ST., GASTONIA, NC 28052. J.D. BASIE - 5565 GA HWY 354, PINE MOUNTAIN, GA 31822. J.M. CLEMONS - 106 MAPLEWOOD AVENUE, RONCEVERTE, WV 24970. THE REV. DR. J.T. CORBITT - 215 CHATEAU DRIVE, GREENVILLE, SC 29615. THE REV. J.C. DORR, JR. - 4374 DOVERSHIRE TRACE, NORCROSS, GA 30092. L CROSLAND STUART - 1323 STEWART STREET, WINTER PARK, FL 32781. W.S. CAIN - 1205 FAIRFIELD DRIVE, GASTONIA, NC 28054. THE REV. DR. C.B. EVANS - 83 UNDERHILL ROAD, HENDERSONVILLE, NC 28792. JULIA T. BOYD - 2400 SUMMERLAKE ROAD, CHARLOTTE, NC 28226. THE REV. J.W. DONAHUE - 3545 JENNY LANE, BARTLETT, TN 38135. THE REV. D.R. JOHNSTON - 3945 GIBSONIA ROAD, GIBSONIA, PA 15044. DR. R.G. TAYLOR, JR - 12 FOREST LANE, GREENVILLE, SC 29605. DR. D.B. WHITESIDES - 7123 BURLWOOD ROAD, CHARLOTTE, NC 28211. PART XI, LINE 2C EXPLANATION: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. GENERAL SYNOD OF THE ARP CHURCH 1 CLEVELAND STREET SUITE 100 GREENVILLE SC 296013646 576030380 RELIGIOUS ORGANIZATION SC 501(C)(3) CHURCH N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GENERAL SYNOD OF THE ARP CHURCH C 599091