2011-05-13T13:31:02-05:00 2010-06-30 Capin Crouse LLP 972 Emerson Parkway-Ste A Greenwood IN 46143 990 2009-07-01 570352247 COLUMBIA INTERNATIONAL UNIVERSITY COLU 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29230 D KEITH MARION 8038075011 2011-05-13 1 Dave Moja 3178852620 2009 2016-02-24 21:20:13Z WILLIAM JONES 7435 MONTICELLO ROAD COLUMBIA SC 29230 37886826 0 X WWW.CIU.EDU X 1927 SC CIU EDUCATES PEOPLE FROM A BIBLICAL WORLDVIEW TO IMPACT THE NATIONS WITH THE MESSAGE OF CHRIST. 15 14 777 129 3435 843 13148785 10648585 22308824 24688183 182813 325974 166648 292675 35807070 35955417 3747191 3890927 0 17862985 18102135 51836 469903 10375311 10833254 31985487 32878152 3821583 3077265 44454983 57621808 7966955 16125790 36488028 41496018 COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. 0 0 12796272 3890927 15543533 COLUMBIA INTERNATIONAL UNIVERSITY SERVES CHRIST AND HIS CHURCH BY INSPIRING, DEVELOPING, AND EQUIPPING PEOPLE FOR LIFELONG PURSUIT OF GOD AND SERVANT LEADERSHIP IN HIS GLOBAL CAUSE. IN THE 2009-2010 SCHOOL YEAR THE UNIVERSITY SERVED 606 UNDERGRADUATE STUDENTS IN OUR BIBLE COLLEGE, 141 STUDENTS IN OUR GRADUATE SCHOOL, AND 514 SEMINARY STUDENTS. THE TOTAL NUMBER OF STUDENTS WHO GRADUATED IN 2009-2010 WAS 309, WHICH INCLUDES 128 UNDERGRADUATE STUDENTS, 48 GRADUATE STUDENTS, AND 133 SEMINARY STUDENTS. 8599690 8909050 BEN LIPPEN SCHOOL SEEKS TO GLORIFY GOD BY ASSISTING FAMILIES AND CHURCHES IN EQUIPPING STUDENTS SPIRITUALLY, ACADEMICALLY AND SOCIALLY UNDER THE LORDSHIP OF JESUS CHRIST. DURING THE 2009-2010 ACADEMIC YEAR, BEN LIPPEN SERVED 798 STUDENTS IN GRADES K-12, OF WHICH 93 WERE MEMBERS OF THE CLASS OF 2010. THESE STUDENTS, WHICH REPRESENT 571 FAMILIES, WERE SERVED BY 111 FULL- AND PART-TIME FACULTY AND STAFF. 1304913 236891 NEW LIFE 91.9 FM, WRCM, HAS SERVED AN AVERAGE OF 225,000 LISTENERS PER WEEK DURING THE 2009-2010 YEAR. THE STATION WAS SUPPORTED DURING THAT SAME PERIOD BY 16,851 INDIVIDUAL GIFTS TOTALING $1,450,653. (THE STATION IS PRIMARILY SUPPORTED BY THE GENEROUS GIFTS OF DONORS. AS SHOWN ABOVE, PROGRAM SERVICE REVENUES ARE NOT SUFFICIENT TO SUPPORT THE STATION'S OPERATING EXPENSES.) ALONG WITH ENCOURAGING MUSIC, THE PROGRAM CONTENT INCLUDES EDUCATIONAL AND INSPIRATIONAL FEATURES, NEWS AND COMMUNITY-FOCUSED ELEMENTS. THE ON-AIR SERVICE OF THE STATION IS COMPLIMENTED BY A COMPREHENSIVE WEBSITE THAT INCLUDES MORE DETAILED INFORMATION ABOUT THE STATION'S ACTIVITIES. THE WEBSITE AVERAGES CLOSE TO 57,704 PAGE VIEWS PER MONTH. 860918 180918 89.7 FM, WMHK, SERVES AN AVERAGE OF 129,500 LISTENERS PER WEEK IN THE COLUMBIA AND FLORENCE RADIO MARKETS. THE STATION WAS SUPPORTED DURING THE 2009-2010 YEAR BY 13,308 INDIVIDUAL GIFTS TOTALING $979,552. (THE STATION IS PRIMARILY SUPPORTED BY THE GENEROUS GIFTS OF DONORS. AS SHOWN ABOVE, PROGRAM SERVICE REVENUES ARE NOT SUFFICIENT TO SUPPORT THE STATION'S OPERATING EXPENSES.) ALONG WITH ENCOURAGING MUSIC, THE FAMILY FRIENDLY CONTENT INCLUDES INSPIRATIONAL FEATURES, AND NEWS AND COMMUNITY EVENTS. THE ON-AIR SERVICE OF THE STATION IS COMPLIMENTED BY A COMPREHENSIVE WEBSITE THAT NOT ONLY INCLUDES DETAILED INFORMATIONA ABOUT THE STATION'S ACTIVITIES, BUT ALSO PROVIDES TWO BROADCAST STREAMS, WKHK AND MORPH (YOUTH STATION), THAT CAN BE HEARD AROUND THE WORLD AT WMHK.COM. 860918 180918 23561793 1 1 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 60 0 777 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEITH STOKELD (DIRECTOR OF FINANCE) 8038075013 7435 MONTICELLO ROAD COLUMBIA SC 29230 RUSSELL L FRENCH 1.00 X 0 0 0 MARVIN SCHUSTER 1.00 X 0 0 0 DELAINE BLACKWELL 1.00 X 0 0 0 ADRIAN T DESPRES JR 1.00 X 0 0 0 HANS W FINZEL 1.00 X 0 0 0 DAVID C MORELAND 1.00 X 0 0 0 D GARY HARLOW 1.00 X 0 0 0 J RONALD MULLINS 1.00 X 0 0 0 ROBERT A NORRIS 1.00 X 0 0 0 JERRY A RANKIN 1.00 X 0 0 0 DOUGLAS RUTT 1.00 X 0 0 0 JENNIFER L GUTWEIN 1.00 X 0 0 0 W TOBIN CASSELS 1.00 X 0 0 0 MARQUIS J RYAN 1.00 X 0 0 0 LYN S COOK 1.00 X 0 0 0 WILLIAM JONES 60.00 X 126030 0 41030 DAVID MARION 50.00 X 84810 0 12636 GEORGE MURRAY 50.00 X 116064 0 44394 THOMAS BOWDON 50.00 X 92691 0 12753 326904 0 98060 2 0 1 0 RICHARDSON CONSTRUCTION COMPANY 6806 Monticello Road COLUMBIA SC 29203 CONSTRUCTION 2834916 PIONEER COLLEGE CATERERS 303 Glenrose Ave NASHVILLE TN 37210 CATERING SERVICES 1338199 WO BLACKSTONE & CO 425 Huger Street COLUMBIA SC 29202 MECHANICAL CONTRACTING 577034 DON BLACKSTONE CONSTRUCTION 1079 Hyman Lane BLYTHEWOOD SC 29016 CONSTRUCTION 295329 MATTHEWS CONSTRUCTION CO 3411 Oak Lake Boulevard CHARLOTTE NC 28208 CONSTRUCTION 181683 15 363296 162245 10123044 423994 10648585 Tuition and Fees 611310 13018593 13018593 Ben Lippen School 611110 8909050 8909050 Auxiliary Services 611310 2324418 2324418 Broadcasting 611310 417809 417809 Educational Sales/Serv 611310 18313 18313 24688183 276812 276812 77704 22200 18765 77704 3435 81139 3435 77704 1890051 1540 1842429 47622 1540 49162 49162 99542 363296 70215 29327 29327 Miscellaneous Revenue 900099 182209 182209 182209 35955417 24870392 3435 433005 70076 70076 3820851 3820851 546064 409979 136085 89858 89858 12529096 9965443 2420669 142984 642970 524059 112711 6200 3482553 2443639 1005142 33772 811594 664853 139470 7271 18759 10896 2118 5745 91427 91427 51836 51836 447009 248379 197750 880 950257 815534 109993 24730 148131 122753 24425 953 1375224 520518 854526 180 628146 477416 132221 18509 107728 91700 14628 1400 24529 24529 1627840 1627840 306667 92683 213984 External Services 2172341 1233015 907675 31651 Other Expenses 1404570 1396907 7663 Repairs and Maintenance 824930 357375 467511 44 Student Financial Aid 705696 705696 32878152 23561793 8846456 469903 1286764 3776620 6589853 7043670 400082 440630 28982 42944 27442 13146 52360938 22217844 21965951 30143094 10787979 12689877 541899 580996 2826031 2890831 44454983 57621808 944794 1800297 1430370 842483 1721947 9522971 3869844 3960039 7966955 16125790 X 19397381 24182564 12771214 12979056 4319433 4334398 36488028 41496018 44454983 57621808 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 66173 64076 13622 1 1 9582728 369678 1246784 49487 11149703 11914068 672875 -2542953 -461262 9582728 0.61000 0.39000 0 0 409817 409817 28873010 11421265 17451745 8988293 6556281 2432012 14089818 4240298 9849520 30143094 CASH SURRENDER VALUE OF LIFE INSURANCE 309210 TRUST ASSETS 2581621 2890831 DEPOSITS HELD IN CUSTODY 685498 ANNUITIES PAYABLE 803259 TRUST LIABILITIES 1849594 ASSET RETIREMENT OBLIGATION 448544 CAPITAL LEASE OBLIGATIONS 173144 3960039 35955417 32878152 3077265 2147367 -109919 -106723 1930725 5007990 34154272 2147368 -3930770 -1783402 35937674 17743 17743 35955417 29146281 -3731871 -3731871 32878152 0 32878152 Part V, Line 4: Description of Intended Use of Endowment Funds: COLUMBIA INTERNATIONAL UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR STUDENT FINANCIAL AID. Part X: Description of Uncertain Tax Positions Under FIN 48: ON JUNE 1, 2009, THE UNIVERSITY ADOPTED THE NEW PROVISIONS OF THE "INCOME TAX" TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STADARDS CODIFICATION (ASC). THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2010, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. Part XI, Line 8 - Other Adjustments: CHANGE IN THE VALUE OF ANNUITIES: 42232. CHANGE IN THE VALUE OF TRUST ASSETS: -78740. FUNDRAISING EXPENSES REPORTED ON LINE 8B: -70215. Part XII, Line 2d - Other Adjustments: TUITION DISCOUNTS NETTED AGAINST REVENUE: -3820851. INVESTMENT EXPENSES NETTED AGAINST INCOME: -109919. Part XII, Line 4b - Other Adjustments: RENTAL EXPENSES REPORTED ON LINE 6B: -18765. CHANGE IN VALUE OF TRUST ASSETS: 78740. CHANGE IN VALUE OF ANNUITIES: -42232. Part XIII, Line 2d - Other Adjustments: RENTAL EXPENSES REPORTED ON LINE 6b: 18765. FUNDRAISING EXPENSES REPORTED ON LINE 8B: 70215. TUITION DISCOUNTS NETTED AGAINST REVENUE: -3820851. 1 1 1 AVAILABLE TO THE PUBLIC AND INCLUDED IN A NEWSPAPER AD. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY RECEIVED $111,764 FROM THE FEDERAL COLLEGE WORK STUDY PROGRAM. 1 X X X X X 1 DVA Navion Fundraising/database consulting 0 0 51836 -51836 51836 -51836 Capital Campaign Dinner 334780 330904 3876 5000 Fall Golf Classic 43179 14446 28733 19237 4400 1347 4438 3 84879 17946 66933 500 10595 11697 4045 8956 462838 363296 99542 500 29832 16097 10392 13394 70215 29327 1 Child Evangelism Fellowship 500 St Andrews Road Columbia SC 29203 570567186 501(c)(3) 9000 GENERAL SUPPORT 1 0 STUDENT SCHOLARSHIPS 875 3820851 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: SCHOLARSHIPS AND TUITION DISCOUNTS ARE AWARDED BASED ON DEMONSTRATED FINANCIAL NEED AND MISSION COMPATIBILITY OF THE STUDENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM JONES 113733 0 0 0 12297 0 15008 0 26022 0 167060 0 0 0 GEORGE MURRAY 105639 0 0 0 10425 0 5957 0 38437 0 160458 0 0 0 Part I, Line 1a IT IS THE PRACTICE OF CIU TO PROVIDE THE PRESIDENT AND CHANCELLOR WITH A HOUSING ALLOWANCE AS PART OF THEIR COMPENSATION PACKAGE. MIKE BLACKWELL WIFE, DELAINE BLACKWELL, SERVES ON THE BOARD OF TRUSTEES 89858 V.P. OF ENROLLMENT AND CORPORATE COMMUNICATIONS 0 X 12 423994 FAIR MARKET VALUE 0 1 1 Third Party Use: Part I, Line 32b: CIU utilizes the services of an outside brokerage firm to sell donated securities Form 990, Part VI, Section B, line 11 THE FORM 990 IS REVIEWED BY OUR OUTSIDE CPA FIRM. THE COMPLETED FORM 990 IS SENT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. VERBAL APPROVAL OF EACH COMMITTEE MEMBER IS OBTAINED BEFORE FILING THE FORM 990. Form 990, Part VI, Section B, line 12c BOARD OF TRUSTEES: EACH MEMBER OF THE BOARD OF TRUSTEES MUST ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST AND RELATED-PARTY TRANSACTION POLICY AND DISCLOSURE FORM (BOARD CONFLICT POLICY). THE BOARD CONFLICT POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE BOARD CONFLICT POLICY DELINEATES A DISCLOSURE PROCEDURE THAT REQUIRES THE BOARD MEMBER TO REPORT THE CONFLICT TO THE PRESIDENT WHO REFERS THE INFORMATION TO THE NOMINATING AND BOARD REVIEW COMMITTEE FOR INVESTIGATION AND FOR A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. EMPLOYEES: OUR CONFLICT OF INTEREST POLICY IS STATED IN OUR EMPLOYEE HANDBOOK. ALL REGULAR FULL AND PART-TIME EMPLOYEES (WHICH INCLUDES THE PRESIDENT AND KEY EMPLOYEES) MUST READ THE EMPLOYEE HANDBOOK THEIR FIRST WEEK ON THE JOB AND ANNUALLY THEREAFTER, AND THEY MUST SIGN A STATEMENT THAT THEY HAVE READ IT AND ARE IN COMPLIANCE WITH ITS POLICIES WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE POLICY GIVES EXAMPLES OF CONFLICTS OF INTEREST. WHEN A CONFLICT EXISTS, THE POLICY INSTRUCTS EMPLOYEES TO DISCLOSE THE CONFLICT TO THEIR SUPERVISOR. SUPERVISORS ARE INSTRUCTED IN THE SUPERVISORS' POLICY MANUAL TO CONFER WITH THEIR SUPERVISOR AND THE HUMAN RESOURCES DIRECTOR WHO TOGETHER WILL DETERMINE IF A CONFLICT EXISTS, TO WHAT EXTENT, AND THE APPROPRIATE COURSE OF ACTION. IF THE PROBLEM CANNOT BE RESOLVED AT THAT LEVEL, THE MATTER WILL BE PRESENTED TO THE PRESIDENT FOR DETERMINATION. Form 990, Part VI, Section B, line 15 EXTERNAL COMPARISONS ARE MADE WITH SIMILAR INSTITUTIONS FOR THE PRESIDENT AND FOR KEY EMPLOYEES. ADDITIONALLY, INTERNAL COMPARISONS ARE MADE TO DETERMINE RELATIVE SALARY RANGE AMONG THE PRESIDENT AND KEY EMPLOYEES. A 10-YEAR HISTORY OF THE ORGANIZATION'S PRESIDENTS' SALARIES IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF KEY EMPLOYEES THROUGH A 10-YEAR HISTORY THAT IS PROVIDED TO THE COMMITTEE UPON REQUEST. Form 990, Part VI, Section C, line 19 FORM 990 IS AVAILABLE UPON REQUEST AND ON THE WWW.GUIDESTAR.ORG WEBSITE. FORMS 1023 AND 990-T ARE AVAILABLE UPON REQUEST. COLUMBIA INTERNATIONAL UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 2c Explanation for Responsibility The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. FORM 990, PART VI, SECTION B, LINE 15 EXTERNAL COMPARISONS ARE MADE WITH SIMILAR INSTITUTIONS FOR THE PRESIDENT AND FOR KEY EMPLOYEES. ADDITIONALLY, INTERNAL COMPARISONS ARE MADE TO DETERMINE RELATIVE SALARY RANGE AMONG THE PRESIDENT AND KEY EMPLOYEES. A 10-YEAR HISTORY OF THE ORGANIZATION'S PRESIDENTS' SALARIES IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF KEY EMPLOYEES THROUGH A 10-YEAR HISTORY THAT IS PROVIDED TO THE COMMITTEE UPON REQUEST.