2011-02-07T15:30:33-07:00 2010-06-30 990 2009-07-01 590668483 FLORIDA MEMORIAL UNIVERSITY INC FLOR 3054300339 15800 NW 42nd AVENUE MIAMI GARDENS FL 330546155 Tony Valentine 3056263614 2011-02-07 2009 2016-02-24 21:20:13Z Sandra T Thompson same as above Miami Gardens FL 33054 43950193 0 X FMUNIV.EDU X 1862 FL EDUCATION 34 30 572 30 0 0 9489667 9147961 28408622 34019900 -837776 200131 371912 582201 37432425 43950193 4085522 4517939 0 0 17307201 18253655 0 0 920381 15644909 20095562 37037632 42867156 394793 1083037 50379880 54595876 20105131 22757403 30274749 31838473 Education Florida Memorial University endeavors to instill in students the importance of becoming global citizens through life-long learning, leadership, character, and service which will enhance their lives and the lives of others. 0 0 2890162 877507 542841 Student Services Programs: Support services and activities surrounding student. (approx. 1800 students) 2388665 1757801 17943825 Academic Support: Educational Delivery. General/other: Support staff (deans, secretaries and administration) to carryout the functional support duties of the university, including Auxiliary Enterprises. Serving approx 1800 students. 5539150 1584028 818242 Instructional: Educating students in the liberal arts and sciences to become productive and contributing members of society. Approx 1800 students. 16939587 483259 6151657 Education, General/Other: Institutional Support. Infrastructure to support the University and carryout it's primary goal of educating students. (1850 students). Includes auxiliary expenses, business & fiscal, and presidents office under Depts. 100, 300, & 500 as well. Also includes student aid & discounts (shown contra-revenue in financial statements). 16939587 483259 6151657 27757564 1 1 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 572 1 0 0 0 0 0 1 1 0 0 0 0 0 34 30 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X Rodney Sobelson 3054300339 15800 NW 42nd Avenue Miami Gardens FL 330546155 Rev Bartholomew Bart Banks Sr 1 X 0 0 0 Mrs Patricia Carter 0.46 X 0 0 0 Rev Dr R B Holmes Jr 0.46 X 0 0 0 Mr Frederick Fred Jackson 1 X 0 0 0 Mrs Andel W Mickins 0.20 X 0 0 0 Mr Charles W George Chairman 2 X 0 0 0 Mr Marc T Henderson 0.46 X 0 0 0 Mr Horace C Hord Jr 0.46 X 0 0 0 Dr Mack King Carter 0.46 X 0 0 0 Ms Roberta Kressel 0.46 X 0 0 0 Rev Wayne B Lomax Pastor 1 X 0 0 0 Rev Stephen John Thurston 1 X 0 0 0 Rev Dr Richard L Wilson 1 X 0 0 0 Mrs Barbara Wright 0.46 X 0 0 0 Sharon Wilson Esq 0.46 X 0 0 0 Rev Dr Henry T Rhim 1 X 0 0 0 Mr Clyde Rucker 0.46 X 0 0 0 Mr John W Ruffin Jr 1 X 0 0 0 Rev Dr James B Sampson 1 X 0 0 0 Bishop Billy Baskin 0.46 X 0 0 0 Dr Gershwin T Blyden 1 X 0 0 0 Dr Gwendolyn V Boyd 1 X 0 0 0 Bishop Victor T Curry 0.46 X 0 0 0 Ms Lynn Fenster 1 X 0 0 0 Mr E Ray Smith 0.46 X 0 0 0 JoLinda L Herrings 1 X 0 0 0 Sharon Wamble King 0.46 X 0 0 0 Robert Perkins 0.46 X 0 0 0 Michael Smith 1 X 0 0 0 Grath Reeves 0.46 X 0 0 0 I W Williams 0.46 X 0 0 0 Dr Karl S Wright 2 X 0 0 0 Julian Coakley 0.46 X 0 0 0 Kareem Coney 0.46 X 0 0 0 Rev Marcus D Davidson 1 X 0 0 0 Dr Richard Yaklich 0.46 X 0 0 0 Sumner Hutcheson 45 X 123900 0 14686 Tony Valentine 45 X 123900 0 9612 Mary Williams 45 X 110250 0 13146 Barbara Edwards 60 X 123064 0 19285 Sandra Thompson 60.00 X 135561 0 22940 Harold Clarke 50 X 123064 0 20621 Denise Callwood Brathwaite 50 X 104143 0 20277 Roscoe Warren 50 X 109401 0 18730 Rodney Sobelson 50 X 99750 0 2128 Mildred Berry 45 X 98527 0 17170 Abbass Entessari 45 X 97640 0 13259 Karl S Wright 60 X 178500 0 29404 1427700 0 201258 9 1 1 0 Sodexo PO Box 536922 Atlanta GA 303536922 Cafeteria foodservice 2267000 Greene Greene & Associates 4951 SW 185th Avenue Miramar FL 33029 Auditing 239880 Airstron Inc 1559 SW 21st Ave Fort Lauderdale FL 33312 Air Conditioning work 234721 Aramark 22506 Network Services Chicago IL 606731225 Custodial Housekeeping & Landscaping 1914721 Allied Barton Security Services Eight Tower Bridge 161 Washington Street Suite 600 Conshohocken PA 19428 On campus security 891756 2 0 0 36247 0 8568565 543149 0 9147961 TUITION AND FEES 611310 28523834 28523834 0 0 AUXILIARY ENTERPRISES 611310 5496066 5496066 0 0 0 0 0 0 34019900 200131 200131 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36247 0 0 0 0 0 Small Miscellaneous Revenues from various sources 900099 582201 582201 0 0 0 0 0 0 582201 43950193 34802232 0 0 0 0 4517939 4517939 0 0 0 0 1427700 865186 528249 34265 0 0 0 0 13638052 8264660 5046079 327313 989501 599638 366115 23748 1113296 674657 411920 26719 1085106 657574 401489 26043 4342684 2631667 1606793 104224 242909 147203 89876 5830 507733 307686 187861 12186 0 0 0 0 0 0 0 0 0 0 3252778 1971183 1203528 78067 118637 71894 43896 2847 333305 201983 123323 7999 547200 331603 202464 13133 0 0 0 0 283484 171791 104889 6804 1108925 672009 410302 26614 0 0 0 0 0 0 0 0 784308 475291 290194 18823 0 0 0 0 2064073 1250828 763707 49538 1160779 703432 429488 27859 Repair and Maintenance 545230 330409 201735 13086 Utilities & property taxes 1589464 963215 588102 38147 Bad Debt Expense 378935 229635 140206 9094 Miscellaneous 1920640 1163907 710638 46095 Bookstore Books and Sundries 914478 554174 338357 21947 42867156 27757564 14189211 920381 0 0 1769336 7687182 2211871 1839776 5121305 2902033 0 0 0 0 0 0 284816 238992 425336 799321 64178761 34183854 30471256 29994907 9615662 10555871 0 0 480298 577794 50379880 54595876 4196180 3851021 0 0 2055705 2412474 9700000 13801145 0 0 0 0 1000000 0 0 0 3153246 2692763 20105131 22757403 X 21358929 22927711 4722419 4694245 4193401 4216517 30274749 31838473 50379880 54595876 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80 0 23116 0 0 0 4216517 0 0 1 X 1 100 0 0 0 1 0 10 1000 0 8445118 23116 617267 0 0 65638 9019863 9436974 104438 -1009315 0 0 86979 8445118 0.53 0.47 0 0 0 0 626884 626884 0 42976820 15818300 27158520 0 0 0 0 0 11411333 10293746 1117587 0 9163724 8071808 1091916 29994907 0 C 0 Employee Travel Advance Receivable 103675 Vendor Receivable (food service) 185236 Accrued Rec Due from Food and maint contract 150000 Miscellaneous receivables 138883 577794 0 Capital Lease Obligations 1917865 Miscellanoues payables 774898 2692763 43950193 42867156 1083037 480687 0 0 0 0 480687 1563724 42007534 480687 0 0 53218 533905 41473629 0 2476564 2476564 43950193 40443810 0 0 0 53218 53218 40390592 0 2476564 2476564 42867156 SchD_P02_S00_L09 Schedule D, Part II, Line 9 100 acres of wet lands designated by the state of florida on land in St. Johns County, in the city of St. Augustine. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The primary use of the university's Endowment Funds are to provide scholarships to students. SchD_P10_S00_L00 Schedule D, Part X no footnote necessary. the university does not have any tax liabilities. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Fundraising expenses of $53,218 are normally included in institutional support expense per the audited financials, but for purposes of Form 990, the revenues of $89,565 are netted against the expenses of $53,218 to yield the net income from the Gala of $36,247, which is included in fundraising events revenue in Part VIII, line c. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Amount is student aid and discounts, which are included as expenses in the Form 990, but are recognized contra-revenue (netted against revenue) for financial statement reporting purposes. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising expense for the annual Gala of $53,218 is typically included within institutional support per the audited financials, but for purposes of the Form 990, it is netted against gross Gala revenues of $89,565, for a net income from Gala of $36,247 reported in Part VIII, line c of the 990. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Represents student aid and discounts to help offset student costs of education at the University. This amount is reflected contra-revenue in the audited financial statements, but for purposes of the 990, it is included as an expense to be shown in program services. 0 0 1 Through TV and Print Ads in newspapers when advertising for the up coming registration periods. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The university receives Title IV funding from the federal government (pell, seog, cws and also participates in the Direct Loans Programs) and financial aid from the state of Florida (fsag, frag and various scholarship programs). 1 Annual Scholarship Gala 89565 0 89565 0 0 10000 25686 3575 13957 0 0 89565 0 89565 0 0 10000 25686 3575 13957 53218 36347 1 Scholarships to students that attend the university based on their individual eligiblity and need requirements. 905 0 4517939 need based and academic standing Non-cash assistance consists of student aid and discounts provided to students to offset the costs of their education here at the University. SchI_P01_S00_L02 Schedule I, Part I, Line 2 The Scholarship related records are maintained in the Financial Aid Office. There is a Scholarship Committee that is set up to formulate guidelines and procedures as to the eligibility and criteria for each scholarship being awarded. Additionally, records supporting non-scholarship type grants are also maintained between grant accounting and the Office of grants and sponsored research. X X X 1 0 0 0 0 0 0 0 0 Sandra Thompson 135561 0 0 0 0 0 0 0 0 0 135561 0 0 Karl S Wright 0 0 0 0 0 0 178500 0 0 0 178500 0 0 Tony Valentine 123900 0 0 0 0 0 0 0 0 0 123900 0 0 Sumner Hutcheson 123900 0 0 0 0 0 0 0 0 0 123900 0 0 0 Harold Clarke 123064 0 0 0 0 0 0 0 0 0 123064 0 0 0 Barbara Edwards 123064 0 0 0 0 0 0 0 0 0 123064 0 0 0 Mary Williams 110250 0 0 0 0 0 0 0 0 0 110250 0 0 0 Denise Callwood Brathwaite 104143 0 0 0 0 0 0 0 0 0 104143 0 0 0 Roscoe Warren 109401 0 0 0 0 0 0 0 0 0 109401 0 0 0 Rodney Sobelson 99750 0 0 0 0 0 0 0 0 0 99750 0 0 0 Mildred Berry 98527 0 0 0 0 0 0 0 0 0 98527 0 0 0 Abbass Entessari 97640 0 0 0 0 0 0 0 0 0 97640 0 0 0 SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The Former president of the university received a severance payment (or pay out) of the remaining year of his contract during this fiscal period being reported. HBCU Loan Financing Rice Capital Access Program 2009-09-18 13801145 Refinancing and Building Dormitory 0 0 13801145 0 9702780 0 793962 0 738394 2013 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b the decisions of the governing body (the officers of the organization) have to have some of their decisions approved the the Board of Trustees of the university; in accordance with the university's written policies. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The Form 990 is prepared by the Controller's office and reviewed by the Controller and VP for Business and Fiscal Affairs prior to filing. The Form is available for review by any member of the governing body upon request. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The university regularly reviews (and revises when necessary) it's Conflict of Interest Policy. All new employees are required to acknowledge that they have received and read the Policy by signing and returning an acknowlegement page. All Board members are advised of the Confict of Interest Policy (as it relates to Board Members) as well. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation for the university's CEO is approved by a select committee from the Board of Trustees. This group will examine past data along with current comparative industry salaries and compensation for the position, area and size of the university. Other officers and key employees salaries are approved by the CEO of the university; using similar data and processes as described above. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University makes its' governing documents, conflict of interest policies, and financial statements available to the public upon request. Also, the Form 990 and financial statements are published with the state and federal governments.