2011-02-14T12:21:02-06:00 2010-06-30 HAZLETT LEWIS & BIETER PLLC 537 MARKET STREET SUITE 300 CHATTANOOGA TN 374021239 990 2009-07-01 620548919 TENNESSEE TEMPLE UNIVERSITY TENN 6154934409 1815 UNION AVENUE CHATTANOOGA TN 37404 DR DANNY LOVETT 6154934409 2011-02-10 1 W ROGER FITCH 4237566133 2011-02-10 2009 2016-02-24 21:20:13Z DR DANNY LOVETT 1815 UNION AVENUE CHATTANOOGA TN 37404 9573159 0 X WWW.TNTEMPLE.EDU X 1946 TN CHRISTIAN LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION THAT PREPARES STUDENTS FOR LIVES OF LEADERSHIP & SERVICE. 10 8 380 0 0 0 1235472 687725 8546947 8086285 147234 12359 4170 758554 9933823 9544923 2439606 1575431 0 3972327 3262534 0 151014 4172525 3792640 10584458 8630605 -650635 914318 16599901 16652297 9247358 8385436 7352543 8266861 TO PROVIDE EDUCATION AND RELATED SERVICES 0 0 6432768 1575431 8848593 Instructional and related expenses for approximately 900 University students. Includes support services of dining hall, dorms, and other housing. 6432768 1 1 0 0 0 0 0 0 1 1 0 1 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 1 0 0 0 1 88 0 1 380 1 0 0 0 0 0 0 0 0 0 10 8 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 X X X JULIE BEAVERS 4234934417 1815 Union Avenue Chattanooga TN 37404 DR DANNY LOVETT 40.00 X X 101514 0 60893 DR DAVID BOULER 2.00 X X 0 0 730 PHILLIP SMITH 5.00 X X 0 0 0 DAVID WILSON 5.00 X X 0 0 0 BUD HATTAWAY 5.00 X X 0 0 0 NANCYE ALLOWAY 5.00 X 0 0 0 GLENN COPELAND 5.00 X 0 0 0 DELL HAMILTON II 5.00 X 0 0 0 JAMES HAMMOND 5.00 X 0 0 0 DR HERB RAWLINGS 5.00 X 0 0 0 SUSAN LOVETT 40.00 X 51407 0 519 JIM O'NEIL 40.00 X 18564 0 11272 171485 0 73414 1 0 1 0 PIONEER COLLEGE CATERERS INC 12351 W 96TH TERRACE SUITE 204 LENEXA KS 66215 FOOD SERVICES 536310 38 PAGES 500 SOUTHLAND DR SUITE 202 BIRMINGHAM AL 35226 IT SERVICES 120000 2 98488 589237 8246 687725 Tuition and Fees 611710 6008449 6008449 Auxillary Services 611710 2077836 2077836 8086285 9882 9882 24482 28236 -3754 -3754 -3754 2477 2477 2477 2477 DEBT FORGIVENESS 611710 762308 762308 762308 9544923 8848593 0 8605 1575431 1575431 496338 340074 132601 23663 2299008 1975368 293005 30635 20646 17198 3002 446 259238 212449 45104 1685 187304 147403 35838 4063 46058 2382 43676 95715 95715 104741 7042 97699 604492 358317 246150 25 84908 64343 20555 10 553086 553086 559887 361463 198424 108505 108505 Non-employee Compensati 534141 413227 45985 74929 Food Service for Dining 345390 341225 2983 1182 Repairs 226967 223453 2214 1300 MISCELLANEOUS 121703 119300 2403 Student Financial Aid E 89148 89148 317899 184945 119878 13076 8630605 6432768 2046823 151014 1271 371 132261 539860 627715 863092 3709732 3678188 122023 120924 72919 116155 26539000 15205293 11854977 11333707 79003 0 16599901 16652297 825332 164072 4990320 4729131 3431706 3492233 9247358 8385436 X 7103940 7996189 127206 149275 121397 121397 7352543 8266861 16599901 16652297 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121397 121397 121397 121397 1.00000 0 0 1646536 1646536 16888152 9852307 7035845 78600 14738 63862 115475 87327 28148 7810237 5250921 2559316 11333707 Advances Federal Student Loans 3069828 Deposits and Agency Funds 422405 3492233 9544923 8630605 914318 0 914318 8058544 57628 28236 85864 7972680 1572243 1572243 9544923 7144226 57628 28236 85864 7058362 1572243 1572243 8630605 Part X: Description of Uncertain Tax Positions Under FIN 48: ON JULY 1, 2009, THE UNIVERSITY ADOPTED THE RECENT ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE UNIVERSITY FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. Part XII, Line 2d - Other Adjustments: Rental Expenses Reported on Page 9 of 990 Part XII, Line 4b - Other Adjustments: TUITION & FEE DISCOUNTS NETTED WITH TUITION & FEE INCOME FOR FINANCIAL STATEMENT REPORTING oTHER INCOME AND EXPENSES REPORTED ON 990 PAGE 1 Part XIII, Line 2d - Other Adjustments: Rental Expenses Reported on Page 9 of 990 Part XIII, Line 4b - Other Adjustments: TUITION & FEE DISCOUNTS NETTED WITH TUITION & FEE INCOME FOR FINANCIAL STATEMENT REPORTING OTHER INCOME AND EXPENSES REPORTED ON 990 PAGE 1 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO HELP PAY FOR THE EXPENSES NEED TO PROVIDE QUALITY EDUCATION AND RELATED SERVICES. 1 1 1 THIS POLICY IS PUBLISHED IN LOCAL NEWSPAPERS AND IN THE OTHER PRINTED PUBLICATIONS USED BY THE UNIVERSITY TO RECRUIT 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE ORGANIZATION RECEIVES ASSISTANCE FROM THE FOLLOWING FEDERAL PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL FAMILY EDUCATION LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL PELL GRANT PROGRAM AND ACADEMIC COMPETITIVENESS GRANT PROGRAM. 1 0 GOVERNMENTAL GRANT - WORK STUDY 79 104340 0 SCHOOL SCHOLARSHIPS 328 1371530 0 TUITION DISCOUNTS 139 55354 0 Other Information: Part IV: THE ORGANIZATION USES A SOFTWARE CALLED ED EXPRESS TO MONITOR THE ELIGIBILITY OF THE FUNDS GRANTED TO THE STUDENTS FOR WORK STUDY, SCHOLARSHIPS & TUITION DISCOUNTS. THE SOFTWARE IS PROVIDED BY THE DEPARTMENT OF EDUCATION. X 1 0 X 0 0 0 0 0 0 0 0 0 DR DANNY LOVETT 101514 0 0 0 0 0 1038 0 59855 0 162407 0 117149 0 NANCYE ALLOWAY TRUSTEE 357480 LOAN RESERVE - INTEREST PAID TO INTERESTED PERSON 0 X 8246 FAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section B, line 11 THE ORGANIZATION PROVIDES A COPY OF THE 990 RETURN TO THE CHIEF EXECUTIVE OFFICER FOR REVIEW. Form 990, Part VI, Section B, line 15 THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFILCT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. TENNESSEE TEMPLE UNIVERSITY ENDOWMENT 1815 UNION AVENUE CHATTANOOGA TN 37404 621833867 TO PROVIDE FUNDS TO PAY FOR EDUCATIONAL EXPENSES TN 501(C)(3) 11A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0