2026-04-13T10:01:24-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 750855633 MCMURRY UNIVERSITY MCMU 3257933821 1 MCMURRY UNIVERSITY 308 ABILENE TX 79697 DR LYNNE MURRAY PRESIDENT 3257933821 2026-04-13 1 0 DAREN DAIGA P01074795 5055022746 2026-04-13 2024 2025-03-06 01:10:19Z DR LYNNE MURRAY 1 MCMURRY UNIVERSITY 308 ABILENE TX 79697 82911980 0 X WWW.MCM.EDU X 1923 TX MCMURRY UNIVERSITY EDUCATES, CHALLENGES AND SHAPES STUDENTS FOLLOWING CHRISTIAN PRINCIPLES. 22 21 644 40 0 0 10351642 25641612 36408595 41456909 8086472 5174422 332829 575428 55179538 72848371 17899070 19889221 0 0 18140000 19245180 0 48950 1016908 18590916 23162671 54629986 62346022 549552 10502349 193344150 206064680 33152025 29830904 160192125 176233776 X SHAPED BY CHRISTIAN PRINCIPLES, MCMURRY UNIVERSITY CHALLENGES STUDENTS TO EXAMINE OUR COMPLEX WORLD FROM MULTIPLE PERSPECTIVES IN PREPARATION FOR LIVES OF LEADERSHIP, SERVICE AND PROFESSIONAL SUCCESS. 0 0 34631598 19889221 35044889 MCMURRY UNIVERSITY WAS FOUNDED IN 1923 BY THE UNITED METHODIST CHURCH. THE UNIVERSITY CHALLENGED STUDENTS TO GROW ACADEMICALLY AND SOCIALLY WITH 66 ACADEMIC MAJORS AND 66 ACADEMIC, SOCIAL AND SERVICE ORGANIZATIONS. ALSO OFFERED TO OUR APPROXIMATELY 3,175 RACIALLY AND ETHNICALLY DIVERSE STUDENTS, ARE PROFESSIONAL PREPARATION PROGRAMS IN ATHLETIC TRAINING, ENGINEERING, ALLIED HEALTH, DENTISTRY, MEDICINE, NURSING, OCCUPATIONAL THERAPY, PHARMACY, PHYSICAL THERAPY, VETERINARY MEDICINE, LAW, AND MINISTRY ALONG WITH A MASTERS OF ACCOUNTANCY AND A MASTERS OF SCIENCE IN NURSING IN EDUCATION OR FAMILY NURSE PRACTITIONER. THE UNIVERSITY IS PROUD TO OFFER A LOW STUDENT TO FACULTY RATIO OF 16 TO 1, AVERAGE CLASS SIZE OF 14 AND DOES NOT USE TEACHING ASSISTANTS IN THE CLASSROOMS. STUDENTS CAN EXPLORE INTERNATIONAL CULTURE BY PARTICIPATING IN AN ACTIVE NATIONAL AND INTERNATIONAL MODEL UN PROGRAM AND ANNUAL TRAVEL ABROAD EDUCATIONAL PROGRAMS. ALSO AVAILABLE TO STUDENTS IS A STUDENT-RUN ART GALLERY AND ARTWORK OWNED BY THE UNIVERSITY APPRAISED AT $164K. THE SCHOOL OF BUSINESS HAS RECENTLY RECEIVED A TEN MILLION DOLLAR ENDOWMENT AND BUSINESS STUDENTS AT MCMURRY CAN PARTICIPATE IN MANAGING A ONE MILLION DOLLAR INVESTMENT FUND. 10357122 0 6258308 IN ADDITION TO EDUCATING STUDENTS, THE UNIVERSITY OFFERS ON CAMPUS HOUSING AND DINING SERVICES AS AUXILIARY SERVICES. DINING OPTIONS INCLUDE THREE ROBUST MEAL PLANS OFFERING STUDENTS COOK TO ORDER MENU ITEMS, VARIOUS COMMUTER PLANS AND THREE RETAIL OPTIONS. 5238786 0 153712 THE UNIVERSITY PROVIDES STUDENT SERVICES THROUGH HEALTH AND WELLNESS, CAREER SERVICES, RELIGION AND SPIRITUAL LIFE, SOCIAL CLUBS, ACADEMIC SUCCESS AND STUDENT LIFE EXPERIENCES. 2147069 THE UNIVERSITY OFFERS ATHLETIC PROGRAMS WITH A MISSION TO MAKE PERSONAL INVESTMENTS IN THE LIVES OF ALL SCHOLAR-ATHLETES AND USE THE INTERCOLLEGIATE ATHLETICS EXPERIENCE TO DEVELOP CHAMPIONS FOR LIFE. THE ATHLETIC PROGRAM CORE VALUES ARE RESPONSIBILITY, INTEGRITY, SERVICE AND EXCELLENCE. THE UNIVERSITY ALSO OFFERS ASSISTANCE WITH STUDENT AID, AS WELL AS FOSTERING RELATIONSHIPS WITH ALUMNI, WHICH BENEFIT OUR STUDENTS. 2147069 52374575 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 2576 0 1 644 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DR LYNNE MURRAY 3257933821 1 MCMURRY UNIVERSITY 308 ABILENE TX 79697 SANDRA HARPER PRESIDENT (PART YEAR) 60.00 X X 330421 0 23612 LYNNE MURRAY PRESIDENT 60.00 X X 0 0 0 KATHI EDWARDS CHAIRPERSON OF THE BOARD 25.00 X X 0 0 0 DAVID BAILEY BOARD CHAIR ELECT/1ST VICE CHAIR 10.00 X X 0 0 0 KAY YOUNGGREN LAUDERMAN AUDIT CHAIR/BOARD SECRETARY 3.50 X X 0 0 0 RUSSELL HALL 2ND VICE CHAIR INSTITUTIONAL OVERSIGHT COMMITTEE C 2.00 X X 0 0 0 CARL HUBBARD TREASURER & FINANCE CHAIR 2.00 X X 0 0 0 REV FELICIA HOPKINS TRUSTEE 7.00 X 0 0 0 JOHN HENDRICK INVESTMENT CHAIR 5.00 X 0 0 0 DR KENNETH WHEELER AABOD PRESIDENT 3.00 X 0 0 0 ELAINE HARMON TRUSTEE 2.00 X 0 0 0 YVONNE BATTS VICE CHAIR FOR STUDENT AFFAIRS 2.00 X 0 0 0 REV RICHARD EDWARDS TRUSTEE 2.00 X 0 0 0 CHUCK FALLON TRUSTEE 2.00 X 0 0 0 AUSTIN PITTMAN BOT TASK FORCE FOR STRATEGIC PLANNING, COMPREHENSI 2.00 X 0 0 0 CINDY ALLEN INSTITUTIONAL ADVANCEMENT CHAIR 1.00 X 0 0 0 DR SANDY MADDOX CAMPUS OVERSIGHT CHAIR 1.00 X 0 0 0 BISHOP JAMES NUNN TRUSTEESHIP CHAIR 1.00 X 0 0 0 TOM LONG TRUSTEE 1.00 X 0 0 0 CARL CHILDERS TRUSTEE 1.00 X 0 0 0 MARTHA ARIAS HOWELL TRUSTEE 1.00 X 0 0 0 BILLY JOE JAY TRUSTEE 1.00 X 0 0 0 HOPE PAMPLIN TRUSTEE 1.00 X 0 0 0 RICHARD HARRISON UNIVERSITY CHAPLAIN 40.00 X 69468 0 10755 ROBIN DANIELS VP OF MARKETING (PART YEAR) 40.00 X 91083 0 12344 MATT DRAUD VPAA & DEAN OF THE FACULTY (PART YEAR) 40.00 X 90804 0 8109 GRANT GREENWOOD VP ENROLLMENT MANAGEMENT 40.00 X 171036 0 15465 MIKE HUTCHISON VPIA 40.00 X 181638 0 72438 TINA SCHUELLER INTERIM VPFA 40.00 X 109457 0 5154 CINDY MARTIN INTERIM VPAA & DEAN OF FACULTY 40.00 X 98050 0 12553 DONALYN ALEXANDER DEAN OF NURSING 40.00 X 150718 0 5694 DR FRANK BADUA PROFESSOR - ACCOUNTING 40.00 X 140037 0 27898 GEOFF HANEY DEAN JOHNSON SCHOOL OF BUSINESS 40.00 X 137846 0 16445 MARCIA STRAUGHN PROFESSOR - NURSING/ASSOC DEAN SCHOOL OF NURSING 40.00 X 121011 0 4555 PAT LAPOINTE PROFESSOR - MANAGEMENT 40.00 X 108039 0 1938 LISA WILLIAMS FORMER VPFA/COS 0.00 X 131094 0 14447 1930702 0 231407 14 1 1 0 SEDALCO INC 4100 FOSSIL CREEK BLVD FT WORTH TX 76137 CAMPUS UPGRADE CONTRACTORS 2712779 PIONEER COLLEGE CATERERS 303 GLENROSE AVE NASHVILLE TN 37210 FOOD SERVICE 1517912 DATROO TECHNOLOGIES LLC PO BOX 2679 ABILENE TX 79604 TECHNOLOGY SUPPORT 838636 TEINERT CONSTRUCTION PO BOX 5327 LUBBOCK TX 79408 CAMPUS UPGRADE CONTRACTORS 736953 HES FACILITIES LLC 2160 LAKESIDE CENTRE WAY STE 302 KNOXVILLE TN 37922 JANITORIAL SERVICES 730706 13 67700 3383504 22190408 1382575 25641612 TUITION AND FEES 611310 34349232 34349232 AUXILIARY ENTERPRISES 611310 6258308 6258308 SUMMER CAMPS 611310 153712 153712 SPIRIT STORE INCOME 611310 108203 108203 STUDENT FINANCE CHARGE 611310 64648 64648 522806 522806 41456909 3969288 3969288 500089 500089 79682 0 79682 79682 79682 11233960 15000 10043826 0 1190134 15000 1205134 1205134 15440 67700 19783 -4343 -4343 72848371 41456909 0 5749850 19889221 19889221 1391183 1130149 220473 40561 63809 63809 14206044 11586414 2203789 415841 352866 238727 102720 11419 2118681 1436169 614769 67743 1112597 929909 151920 30768 39450 39450 97834 97834 48950 48950 205886 205886 13995 13995 1483631 446367 927186 110078 1919649 739208 1085914 94527 3048596 2482621 565975 1265915 1185386 44304 36225 1452039 1169174 282865 4377434 4022522 354912 744534 626031 118503 ATHLETICS 2147069 2147069 FOOD SERVICES 1630038 1630038 CLASS AND EDUCATION FEE 1514923 1514923 BAD DEBT EXPENSE 1139588 1139588 2082090 1186652 734642 160796 62346022 52374575 8954539 1016908 16757 4306219 2399975 2399975 7202031 17306923 3246396 3211158 217819 266524 1451362 1397537 133445617 61226453 74585780 72219164 64119981 62778398 3703751 3872115 36400298 38306667 193344150 206064680 4542554 4243867 1730619 3772484 25767722 20783708 1111130 1030845 33152025 29830904 X 39496542 40409067 120695583 135824709 160192125 176233776 193344150 206064680 X 10502349 3552648 1986654 X 0 1 X 1 1 1 X 9688013 18801389 18346658 10351642 25641612 82829314 9688013 18801389 18346658 10351642 25641612 82829314 10302130 72527184 1661132 2941431 3631715 4176698 4549059 16960035 10259 10259 279095 291373 515881 1086349 100885957 171297436 0.71890 0.69970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 279,095. 2021 AMOUNT: $ 291,373. 2022 AMOUNT: $ 515,881. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78044989 6846895 5751210 4773528 4421527 81448039 72971466 907207 9985604 1425635 4393653 78044989 68053072 8519286 1675456 1424121 3852227 72971466 74153421 2683539 -2997667 5786221 68053072 63878609 1088273 13711901 4525362 74153421 0.00075 0.99925 0.00000 0 0 3563908 3563908 99246329 37673967 61572362 30246255 23552486 6693769 389125 389125 72219164 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 38306667 38306667 POSTRETIREMENT BENEFIT OBLIGATIONS 1030845 1030845 58686812 3552648 375 2006437 5559460 53127352 19721019 19721019 72848371 42645161 375 19783 20158 42625003 19721019 19721019 62346022 PART V, LINE 4: THE ENDOWED FUNDS ARE USED TO SUPPORT THE EDUCATIONAL PROGRAMS PROVIDED BY THE UNIVERSITY AND TO PROVIDE SCHOLARSHIPS TO CURRENT AND FUTURE STUDENTS OF THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 1,906,369. POST RETIREMENT BENEFIT CHANGES 80,285. FUNDRAISING EVENT EXPENSES 19,783. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 19,721,019. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 19,783. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 19,721,019. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE UNIVERSITY CATALOG AND ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT THROUGH THE DEPARTMENT OF EDUCATION THAT IS USED FOR STUDENT FINANCIAL ASSISTANCE. ADDITIONAL SUPPORT WAS RECEIVED FROM THE US STATE DEPARTMENT, NATIONAL SCIENCE FOUNDATION, AND TEXAS HIGHER EDUCATION COORDINATING BOARD. SOUTH AMERICA 0 0 PROGRAM SERVICES MODEL UNITED NATIONS 13295 0 0 0 0 0 0 13295 0 13295 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. X X X X X X X 1 HIGH LEVEL PROMOTIONS 1114 S MAGNOLIA ST WOODVILLE TX 75979 ATHLETIC SPONSORSHIPS 0 21500 6450 15050 HANOVER RESEARCH 4401 WILSON BLVD 4TH FLOOR ARLINGTON VA 22203 FEDERAL GRANT WRITING ASSISTANCE 0 0 42500 -42500 21500 48950 -27450 TX WOMEN'S LEADERSHIP LUNCHEON 57240 49300 7940 9317 1961 FIRST PITCH 25900 18400 7500 7400 1105 83140 67700 15440 16717 3066 19783 -4343 SCHEDULE G, PART I, LINE 2B, COLUMN (IV): THE PROFESSIONAL FUNDRAISING SERVICES FROM HANOVER RESEARCH WERE CONSULTING IN NATURE. NO GROSS RECEIPTS WERE DIRECTLY GENERATED FROM THE SERVICES PROVIDED. 1 SCHOLARSHIPS & TUITION ASSISTANCE 1050 19721019 FEDERAL STUDENT AID 174 168202 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO STUDENTS BASED ON SPECIFIC CRITERIA ESTABLISHED BY STUDENT FINANCIAL AID IN REGARDS TO ELIGIBILITY, STUDENT SELECTION AND REQUIREMENTS OF THE SCHOLARSHIP. EACH SCHOLARSHIP RECIPIENT WILL BE MONITORED BY THE UNIVERSITY TO CONFIRM THAT THEY HAVE SATISFIED ALL SCHOLARSHIP REQUIREMENTS. THE ACTUAL SCHOLARSHIPS ARE CREDITED TO THE STUDENTS TUITION BILLS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SANDRA HARPER PRESIDENT (PART YEAR) 297950 0 0 0 32471 0 16387 0 7225 0 354033 0 0 0 MIKE HUTCHISON VPIA 172629 0 0 0 9009 0 8864 0 63574 0 254076 0 0 0 GRANT GREENWOOD VP ENROLLMENT MANAGEMENT 171036 0 0 0 0 0 8137 0 7328 0 186501 0 0 0 DR FRANK BADUA PROFESSOR - ACCOUNTING 140037 0 0 0 0 0 6075 0 21823 0 167935 0 0 0 DONALYN ALEXANDER DEAN OF NURSING 150718 0 0 0 0 0 5694 0 0 0 156412 0 0 0 GEOFF HANEY DEAN JOHNSON SCHOOL OF BUSINESS 137846 0 0 0 0 0 0 0 16445 0 154291 0 0 0 LISA WILLIAMS FORMER VPFA/COS 131094 0 0 0 0 0 6851 0 7596 0 145541 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED TO THE UNIVERSITY'S PRESIDENT AND IS TREATED AS TAXABLE COMPENSATION ON THEIR W-2. PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. THE UNIVERSITY'S CHAPLAIN MET THE QUALIFICATIONS FOR AND RECEIVED A MINISTERIAL HOUSING ALLOWANCE DURING THE TAX YEAR. COUNTRY CLUB MEMBERSHIPS ARE PROVIDED FOR THE UNIVERSITY PRESIDENT AND FOR THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT AND ARE TREATED AS TAXABLE INCOME ON THEIR W-2. 1763 SCHOLARSHIP TUITION X 5 1373652 FMV X 1 1868 COST X SPEAKERS AND FREEZER 2 6500 COST X DVD SET 1 280 COST X SIGNAGE FOR GOLF TOURNAMENT 1 275 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD SHALL HAVE AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS OF THE BOARD, THE PRESIDENT (UNLESS THE MATTER TO BE CONSIDERED INVOLVES THE PRESIDENT), THE IMMEDIATE PAST BOARD CHAIR, AND OTHER TRUSTEES APPOINTED BY THE CURRENT BOARD CHAIR. AT LEAST FOUR EXECUTIVE COMMITTEE MEMBERS' PRESENCE WILL BE REQUIRED FOR A QUORUM TO EXIST. THE CHAIR MAY INVITE SUCH OTHER TRUSTEES TO MEETINGS OF THE EXECUTIVE COMMITTEE AS HE/SHE DEEMS APPROPRIATE. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICERS SELECTION; BYLAW AMENDMENT; REVIEW OF ESTABLISHED BOARD POLICIES; INCURRING INSTITUTIONAL INDEBTEDNESS; APPROVAL OF THE ANNUAL BUDGET AND THE ANNUAL AUDIT; AND CONFERRAL OF DEGREES. THE COMMITTEE MAY, HOWEVER, MAKE RECOMMENDATIONS TO THE BOARD REGARDING THE FOREGOING MATTERS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED IN DECEMBER 2024 TO REMOVE MENTION OF OUTSIDE PARTIES WHO PREVIOUSLY HAD POWER TO ELECT THE UNIVERSITIES BOARD OF TRUSTEES. ALL TRUSTEES NOW ELECTED BY CURRENT BOARD. AFTER A REORGANIZATION OF OUTSIDE PARTIES, NEW ENTITES WILL HAVE THE POWER TO ELECT THE BOARD IN 2025. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD WILL CONSIST OF THE BISHOPS OF THE NORTHWEST TEXAS AND THE NEW MEXICO CONFERENCES (OR THEIR OFFICIAL DESIGNEES) OF THE UNITED METHODIST CHURCH ASSIGNED TO PRESIDE OVER THE CONFERENCES (THE "BISHOPS"), THE PRESIDENT OF THE INSTITUTION (THE "PRESIDENT"), THE PRESIDENT OF THE MCMURRY UNIVERSITY ALUMNI ASSOCIATION BOARD OF DIRECTORS (THE "ALUMNI PRESIDENT"), AND THOSE OTHERS CONFIRMED BY THE CONFERENCES AT THEIR ANNUAL SESSIONS. PER NARRATIVE ABOVE FOR FORM 990, PART VI, SECTION A, LINE 4, THE BYLAWS WERE UPDATED DURING DECEMBER 2024 TO CHANGE THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT AND FINANCE COMMITTEE. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY DURING THE FALL BOARD MEETING. ALL OFFICERS AND TRUSTEES ARE REQUIRED TO BE FAMILIAR WITH THE POLICY AND DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST TO THE ENTIRE BOARD AT THE EARLIEST PRACTICAL TIME. THE OFFICER OR TRUSTEE SHALL ABSENT THEMSELVES FROM DISCUSSIONS OF AND ABSTAIN FROM VOTING ON MATTERS IN WHICH THEY MAY HAVE A POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A AND 15B: THE BOARD OF TRUSTEES ENGAGED AN INDEPENDENT SEARCH CONSULTANT WHEN UNDERTAKING THE HIRING OF A NEW PRESIDENT. THIS CONSULTANT WAS ASKED TO REVIEW THE COMPENSATION PACKAGE OFFERED TO THE INCOMING PRESIDENT. THE CONSULTANT REVIEWED THE PROPOSED PACKAGE AND COMPARED AGAINST THE PAY RATES OF OTHER SIMILARLY SITUATED COLLEGES AND UNIVERSITIES PRIOR TO EXTENDING THE OFFER TO THE INCOMING PRESIDENT. IN ADDITION, THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS BENCHMARKED AGAINST COMPARABLE INDUSTRY DATA BY THE HR DEPARTMENT TO ENSURE IT IS APPROPRIATE CONSIDERING ALL THE RELEVANT FACTS AND CIRCUMSTANCES. THIS BENCHMARKING DATA ALONG WITH THE DELIBERATION AND DECISION MAKING PROCESS IS MAINTAINED IN THE RECORDS OF THE HUMAN RESOURCE DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY WILL MAKE AVAILABLE TO ANY STUDENT, FACULTY MEMBER, ALUMNI, OR OTHER INTERESTED PERSON A COPY OF THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR VIEWING AT THE UNIVERSITY'S CAMPUS IN ABILENE, TX. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1,906,369. POSTRETIREMENT BENEFIT CHANGES 80,285. BETTY JO MOWRY INC MCMURRY STATION BOX 308 ABILENE TX 79697 751997720 OIL & GAS MINING AND EXTRACTION TX N/A C 130896 134238 1.00000 1 PERPETUAL TRUSTS (5) HOLD ASSETS AND REMIT INCOME TO THE UNIVERSITY TX MCMURRY UNIVERSITY T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0