2011-05-16T12:54:29-00:00 2010-06-30 The Wesley Peachtree Group CPAs 1100 West Peachtree Street Atlanta GA 30309 990 2009-07-01 560532296 Bennett College for Women BENN 3365172115 900 E Washington Street Greensboro NC 27401 Latonya Flamer 3365172115 2011-05-13 true 4048740555 2011-05-13 2009 2016-02-24 21:20:13Z Latonya Flamer 900 E Washington Street Greensboro NC 27401 25459055 false X www.bennett.edu X 1905 NC To offer women an education conducive to excellence in scholarly pursuits, preparation for leadership roles in the workplace, society, and the world and lifelong learning in a technologically advanced, complex global society. 25 24 493 49 0 11182962 11431065 12712413 13728493 257856 259686 9201 39811 24162432 25459055 4295869 4891935 0 400000 448911 0 434003 17989537 22150441 22685406 27491287 1477026 -2032232 35926815 46863908 12787176 26140554 23139639 20723354 To offer women an education conducive to excellence in a scholarly pursuits preparation for leadeship roles in the workplace, society, and the world and lifelong learning in a technologically advanced, complex global society. false false 15824158 4891935 10473083 To offer women an education conducive to excellence in scholarly pursuits preparation for leadership roles in the workplace, society, and world and lifelong learning in a technologically advanced, complex society 3290048 3255410 Auxiliary enterprises support the Colleges mission of providing quality educational opportunities. These services include but are not limited to food service, campus housing, campus post office, parking, vending, campus stores and athletics 19114206 true true false false false false true false true true true false true false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false true 1091 0 493 true false false false false false false false false false false true false false false false 25 24 false false false false false false false true true false false true true true true true true true true false NC X Latonya Flamer 3365172115 900 E Washington Street Greensboro NC 27401 X Dr Esther Terry 040.00 X 115000 0 0 Dr Maya Angelou 001.00 X 0 0 0 Mr Rick Anicetti 001.00 X 0 0 0 Mr Charles Barrentine 001.00 X 0 0 0 Rev Arnetta Beverly 001.00 X 0 0 0 Ms Mary Braxton-Joseph 001.00 X 0 0 0 Dr Christy Clayton 001.00 X 0 0 0 Dr Eric Cole 001.00 X 0 0 0 Ms Andrea Harris 001.00 X 0 0 0 Ms Gracie P Coleman 001.00 X 0 0 0 Ms Thelma Cook 001.00 X 0 0 0 Mr Michael Diamond 001.00 X 0 0 0 Ms Deborah W Foster 001.00 X X 0 0 0 Bishop Larry M Goodpaster 001.00 X 0 0 0 Ms Cynthia Hardy 001.00 X X 0 0 0 Dr Lisa A Johnson 001.00 X 0 0 0 Ms Yvonne Jeffries Johnson 001.00 X X 0 0 0 Ms Karen King 001.00 X 0 0 0 Ms Cynthia Marshall 001.00 X 0 0 0 Dr Talia M McCray 001.00 X 0 0 0 Mr Jack O'Kelley III 001.00 X 0 0 0 Mr Robbie Perkins III 001.00 X 0 0 0 Ms Denyqua Rodriguez 001.00 X 0 0 0 Ms Mary Reed 001.00 X 0 0 0 Ms Andris Salter 001.00 X 0 0 0 Dr Anne P Sassaman 001.00 X 0 0 0 Kieran J Shanahan Esq 001.00 X 0 0 0 Mr Luke Visconti 001.00 X 0 0 0 Dr Julianne Malveaux 040.00 X X 175000 0 16950 Latonya Flamer 040.00 X 56667 0 301 Leroy Summers 001.00 X X 102244 0 7068 Ms Susie Powell 001.00 X 0 0 0 448911 24319 3 true true false Lomax Construction Company Inc PO Box 35169 Greensboro NC 274255169 Construction 1178832 Hardin Construction Suite 400 Atlana GA 30339 Construction 7220699 Sodexho Inc & Affiliates PO Box 5362922 Atlanta GA 303536922 Food and Food Service 2569202 John S Clark Company LLC 210 Airport Road Mount Airy NC 27030 Construction 889497 Xerox Corporation PO BOx 827598 Philadelphia PA 19182 Equipment Lease 179183 7951105 3479960 10500 11431065 Tuition and Fees 611600 10473083 10473083 Auxiliary Income 611710 3255410 3255410 13728493 259686 259686 Other Revenue 900099 39811 39811 39811 25459055 14027990 0 4891935 4891935 0 0 448911 448911 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Public Services 156524 156524 Student Services 1694677 1694677 Institutional Support 7996640 800427 6762210 434003 Auxiliary Enterprises 3290048 3290048 Instruction 5710912 5710912 3301640 2569683 731957 27491287 19114206 7943078 434003 2469230 3651743 1222074 537330 1448388 853054 1222255 901352 7608 7350 541618 941907 48010453 22472960 15483321 25537493 9342173 10476909 4190148 3956770 35926815 46863908 1695379 5486603 5657962 17583879 3348417 1127522 2085418 1942550 12787176 26140554 X 9171980 7586159 4097856 3283495 9869803 9853700 23139639 20723354 35926815 46863908 X false true true X true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3912595 X X false false 9869803 99485 39811 39811 115588 9853700 9672879 196924 9201 9201 9869803 1.00000 true false 3920008 2453700 23415717 13367595 10048122 8616270 8616270 10022658 6349374 3673284 2035800 1289683 746117 25537493 Works of Art 3912595 F Real Estate 44175 F 3956770 Allowance for investment market losses 1277989 Capital Lease 664561 1942550 25459055 27491287 -2032232 691220 -1075273 -384053 -2416285 26150275 691220 691220 25459055 25459055 27491287 27491287 27491287 V 4 The Endowment Funds shown are considered Permanently Restricted. The College does not intend to use the funds. XI 8 Bond prepayment penalty IV 11f The Colleges policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of June 30, 2010 and, accordingly, no liability has been accrued. true true true The College admits students of any race, color, national or ethnic origin. The College does not discriminate on the basis of race, color, national or ethnic origin or disability in the administration of its educational policies, scholarships or loan programs. The Colleges non-discrimination statement appears in all brochures, catalogs and applications for admission. true true true true false false false false false false false false true false The college offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the college adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on other factors such as grade point average, family income, or athletic talents. The college has adequate staff in its other grant programs with eligibility guidelines to ensure compliance. The college also undergoes the required OMB Circular A-133 audit. true true Funded Student Scholarships 4891935 X true true X false false false false false false false false false false Dr Julianne Malveaux 175000 16950 48750 240700 Leroy Summers U S Department of Education 2009-09-25 9695000 For capital improvements false false U S Department of Education 2009-09-25 11305000 For capital improvements false false U S Department of Education 2010-06-30 9500000 For capital improvements false false 4439644 220226 237897 3979765 2011 false false false true 3644235 180361 277404 3184620 2011 false false false true 9500000 361883 194340 2010 true false true true false false false false false false false false false false false true true true false false false true false false false false false false X 10500 FMV false false false Form 990 VI 12c Trustees are required to disclose at the next convening Board of Trustees meeting any conflicts of interest. Board members with a conflict of interest with a matter for vote must abstain from voting. The Colleges audit committee is responsible for ensuring adherence to the policy. Form 990 VI 11 The College presents the Form 990 to its finance/audit committee for review when the form is ready. Depending on when the committee meets and the due date of the form, the form 990 is either modified before it is filed or an amendment is filed for any changes required by the finance/audit committee review. Form 990 VI 15a,b The Board of Trustees, based on predetermined ares of performance, evaluate the work of the President of the College annually. The Boards Evaluation and Compensation Committee evaluates the performance. A review of salaries of Presidents at peer institutions and a review of the executive compensation survey from the Chronicle of Higher Education is conducted to assist in arriving at a recommendation of the Executive Committee for approval of appropriate compensation. Compensationfor top officers of the College are at the discretion of the President. This discretion is performed by 1 individual salary, 2 market data from CUPA survey published by the Chronicle of Higher Education, and 3 bargaining process. Form 990 VI 19 The College makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and by filing their annual Form 990 Schedule E Form 990 or 990-EZ Financial Aid or Government Assistance Line 6a The org receives aid, Line 6b The org has had their aid revoked or suspended. The college offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the college adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on other factors such as grade point average, family income, or athletic talents. The college has adequate staff in its other grant programs with eligibility guidelines to ensure compliance. The college also undergoes the required OMB Circular A-133 audit.