2024-05-14T14:09:43-05:00 2023-06-30 205857627 TMH P O DRAWER 15099 HATTIESBURG MS 394045099 990 2022-07-01 640329300 WILLIAM CAREY UNIVERSITY WILL 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 GRANT GUTHRIE VP BUSINESS & CFO 6013186193 2024-05-14 1 GRANT GUTHRIE 999009999 1 PAIGE M JOHNSON CPA P00637479 6012643519 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR BEN BURNETT 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 94455372 0 X WMCAREY.EDU X 1892 MS AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 23 23 1299 35 105850 96470 16105326 7863617 80450376 82814676 1215354 1078959 409858 1926458 98180914 93683710 12113849 14901213 0 0 42985899 43558000 0 0 579603 39127995 34632844 94227743 93092057 3953171 591653 252285278 251274445 52075991 49167873 200209287 202106572 X AS A CHRISTIAN UNIVERSITY WHICH EMBRACES ITS BAPTIST HERITAGE AND NAMESAKE, WILLIAM CAREY UNIVERSITY PROVIDES QUALITY EDUCATIONAL PROGRAMS, WITHIN A CARING CHRISTIAN ACADEMIC COMMUNITY, WHICH CHALLENGE THE INDIVIDUAL STUDENT TO EXCEL IN SCHOLARSHIP, LEADERSHIP, AND SERVICE IN A DIVERSE GLOBAL SOCIETY. 0 0 45214588 78742578 ACADEMIC PROGRAMSTHE UNIVERSITY MAINTAINS UNDERGRADUATE AND GRADUATE PROGRAMS AT THREECAMPUSES. ENROLLMENT HAS GROWN TO INCLUDE OVER 5,000 STUDENTS. THE UNIVERSITY DESIGNS AND OPERATES ITS PROGRAMS TO ENCOURAGE EACH STUDENT TO DEVELOP HIS/HER HIGHEST POTENTIAL IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION. 14901213 14901213 STUDENT AIDDIRECT AID TO STUDENTS PRIMARILY FROM INSTITUTIONAL FUNDS 6175206 3966248 AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS.AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF UNITY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY ENCOURAGES THE EXERCISE OF STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED. 1980273 OTHER PROGRAM SERVICES 1980273 66291007 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 429 0 1 1299 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR FL IA LA MS NC OH SC TN VA WV WI X X X GRANT GUTHRIE VP BUS AFF CFO 6013186193 710 WILLIAM CAREY PARKWAY HATTIESBURG MS 39401 JIMMY STEWART TRUSTEE 0.00 X 0 0 0 CHARLES PICKERING CHAIRMAN OF BOT 0.00 X X 0 0 0 TED BOWER TRUSTEE 0.00 X 0 0 0 ODEAN BUSBY VICE-CHAIRMAN OF BOT 0.00 X X 0 0 0 BRIAN DIX TRUSTEE 0.00 X 0 0 0 GARY FORDHAM TRUSTEE 0.00 X 0 0 0 JOEY GARNER TRUSTEE 0.00 X 0 0 0 GARY GORDON TRUSTEE 0.00 X 0 0 0 MACK GRUBBS TRUSTEE 0.00 X 0 0 0 NELL HENDERSON TRUSTEE 0.00 X 0 0 0 DAN HULL TRUSTEE 0.00 X 0 0 0 BRETT JONES TRUSTEE 0.00 X 0 0 0 RAYMON LEAKE TRUSTEE 0.00 X 0 0 0 ERIC LINDSTROM TRUSTEE 0.00 X 0 0 0 DAVID MILLICAN TRUSTEE 0.00 X 0 0 0 BRENDA ROSS TRUSTEE 0.00 X 0 0 0 LARUE STEPHENS TRUSTEE 0.00 X 0 0 0 ROBERT SULLIVAN TRUSTEE 0.00 X 0 0 0 STAN BURTON TRUSTEE 0.00 X 0 0 0 WILLIAM RAY TRUSTEE 0.00 X 0 0 0 JACK SIMMONS TRUSTEE 0.00 X 0 0 0 BRETT VALENTINE TRUSTEE 0.00 X 0 0 0 LEANDER BRIDGES TRUSTEE 0.00 X 0 0 0 BENJAMIN BURNETT PRESIDENT AND CHIEF EXECUT 40.00 X 202447 0 16962 ASHLEY GUTHRIE VICE-PRESIDENT FOR BUSINES 40.00 X 122607 0 23149 DANIEL CALDWELL PROFESSOR OF RELIGION; PRO 40.00 X 123828 0 23141 CHARLOTTE GREEN SECRETARY TO BOARD OF TRUS 40.00 X 47708 0 12401 ITALO SUBBARAO PROFESSOR OF CLINICAL SCIE 40.00 X 503152 0 23361 JANET WILLIAMS PROFESSOR OF NURSING; VICE 40.00 X 174107 0 23258 CASSANDRA CONNER PROFESSOR OF EDUCATION; VI 40.00 X 109000 0 13225 KEITH SPEED PROFESSOR OF CLINICAL SCIE 40.00 X 256314 0 21601 MICHAEL MALLOY PROFESSOR OF PHARMACY AND 40.00 X 230308 0 15612 MELISSA STEPHENS PROFESSOR OF CLINICAL SCIE 40.00 X 223527 0 15810 TONYA CREECH ASSISTANT PROFESSOR OF PRE 40.00 X 240041 0 15802 EDWARD FRIEDLANDER PROFESSOR OF PRECLINICAL S 40.00 X 218500 0 14782 TIFFANY WORTHINGTON ASSISTANT PROFESSOR OF CLI 40.00 X 230927 0 15260 ENG HUU ASSOCIATE PROFESSOR OF CLI 40.00 X 209728 0 14836 DARRYLL BARKSDALE ASSISTANT PROFESSOR OF PRE 40.00 X 202228 0 14591 CHARLES FILLINGANE ASSOCIATE PROFESSOR OF CLI 40.00 X 202119 0 14223 JIM WEIR PROFESSOR OF CLINICAL & PR 40.00 X 200080 0 12891 JAMES MITCHELL ASSISTANT PROFESSOR OF PRE 40.00 X 200000 0 6456 ETHAN WORTHINGTON ASSISTANT PROFESSOR OF CLI 40.00 X 253277 0 15260 AJAY SHARMA ASSOCIATE PROFESSOR OF CLI 40.00 X 244452 0 14900 ROSALYN SCHNEIDER PART-TIME ASST PROF CLINICAL STUDIES 40.00 X 213314 0 14035 JOHN GAUDET ASSOCIATE PROFESSOR OF CLI 40.00 X 200077 0 14197 EVAN WILLIAMSON ASSISTANT PROFESSOR OF CLI 40.00 X 195041 0 14034 RAYMOND KING FORMER PRESIDENT AND CHIEF 40.00 X 283385 0 14897 ANGELA HOUSTON FORMER ASSISTANT PROFESSOR EDUCATION 40.00 X 108889 0 13995 BRANTLY FRYFOGLE FORMER DIRECTOR ENTERPRISE SERV 40.00 X 100820 0 14265 5295876 0 412944 25 1 1 0 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICES 1972628 MAC'S CONSTRUCTION COMPANY LLC 6555 HIGHWAY 98W STE 13 HATTIESBURG MS 39402 CONSTRUCTION SERVICES 1051938 PROFESSIONAL SECURITY 2 THOMAS LANE HATTIESBURG MS 39402 SECURITY SERVICES 541938 BARNES & NOBLE BOOKSTORE P O BOX 713660 PHILADEPHIA PA 191713660 BOOKSTORE SERVICES 534182 HANCO CORPORATION P O BOX 17678 HATTIESBURG MS 39404 CONSTRUCTION SERVICES 430000 51 157085 1687902 6018630 235355 7863617 EDUATION & GENERAL REVENUE 611310 78742578 78742578 AUXILIARY INCOME 611310 3966248 3966248 ADVERTISING 541800 105550 105550 ART CONSIGNMENT SALES 611310 300 300 82814676 1304195 1304195 7740 7740 9135 0 9135 9135 9135 170318 212513 357492 250575 -187174 -38062 -225236 -225236 102040 157085 163595 -61555 -61555 OTHER REVENUE 900099 1971138 1971138 1971138 93683710 84689099 105850 1025144 14901213 14901213 1529213 732688 796525 33685484 29457195 3982876 245413 1521475 1210796 300183 10496 4412123 3397306 976267 38550 2409705 2051799 338182 19724 8682670 5251058 3339014 92598 785182 302243 474390 8549 437915 281217 147695 9003 382637 126987 255650 2881032 6399 2874633 1816292 1720165 91083 5044 739013 543204 189048 6761 1132644 1132644 6285185 6285185 2076931 363278 1713653 UBI TAX 35577 35577 OTHER EXPENSES 7562292 4269525 3150061 142706 DUES & SUBSCRIPTIONS 788177 648637 138781 759 LIBRARY RESOURCES 705231 705231 322066 322066 93092057 66291007 26221447 579603 10326955 9988458 14184461 14997992 7925668 6893861 45992 22975 341691 225587 265790076 81644017 187156385 184146059 28399508 30896692 3904618 4102821 252285278 251274445 3330391 3731671 4343524 3168371 44320416 42229564 81660 38267 52075991 49167873 X 169865960 171163752 30343327 30942820 200209287 202106572 252285278 251274445 X 591653 1305629 3 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 20.00 800 0 1542187 X X X 0 28399508 709043 2102493 311288 3064 30896692 27225422 6480708 -4726414 569630 10578 28399508 22412126 938196 4965979 1081257 9622 27225422 21123449 462751 835648 379 9343 22412126 19288129 475362 1713400 343099 10343 21123449 0.17000 0.83000 1 0 13801931 13801931 199837421 43493395 156344026 159192 159192 0 39703376 30795424 8907952 12288156 7196006 5092150 184146059 LEASES PAYABLE 38267 38267 80251725 1305629 163600 1469229 78782496 14901214 14901214 93683710 78354440 163597 163597 78190843 14901214 14901214 93092057 PART II, LINE 9: NATURE RESERVE REPORTED AS "LAND" ON THE BALANCE SHEET. PART III, LINE 4: THE COLLECTION CONSISTS OF ART FROM THE LUCILLE PARKER COLLECTION AND THE SARAH GILLESPIE MUSEUM; RARE BOOKS, ARTIFACTS, ART, MANUSCRIPTS IN THE CENTER FOR THE STUDY OF THE LIFE AND WORK OF WILLIAM CAREY; AND RARE BOOKS, ARTIFACTS, FURNITURE, ART, AND MANUSCRIPTS FROM THE DICKINSON COLLECTION. THE ABOVE COLLECTIONS FURTHER WILLIAM CAREY UNIVERSITY'S MISSION AS AN EXEMPT ORGANIZATION BY PROVIDING RESOURCES FOR SCHOLARLY RESEARCH, PRESERVING ART FOR APPRECIATION AND STUDY IN AN EDUCATIONAL CONTEXT, AND GATHERING MATERIALS TOGETHER IN ORDER TO MAKE THEM AVAILABLE TO A BROADER COMMUNITY. PART V, LINE 4: ENDOWMENT IS PRIMARILY USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAM ACTIVITIES, PROFESSORIAL CHAIRS, AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET 163,595. ROUNDING 5. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID EXPENDITURE INCLUDED IN TUITION REVENUE 14,901,214. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET 163,595. ROUNDING 2. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL STUDENT AID EXPENDITURE INCLUDED IN TUITION REVENUE 14,901,214. 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 PUBLICIZES ITS NONDISCRIMINATORY POLICY TOWARD STUDENTS AT THE BEGINNING OF EACH SCHOOL YEAR. THIS ADVERTISEMENT IS PUBLISHED IN THE LARGEST NEWSPAPERS AT ALL THREE CAMPUS LOCATIONS. THE POLICY IS ALSO DISPLAYED ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 SCHEDULE E, PAGE 1, #6A - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS - FEDERAL WORK-STUDY PROGRAM - FEDERAL PERKINS LOAN PROGRAM - FEDERAL PELL GRANT PROGRAM - FEDERAL DIRECT STUDENT LOANS - TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS - HIGHER EDUCATION EMERGENCY RELIEF FUND GOLF TOURNAMENT 53255 10905 42350 19182 DINNERS 183750 135700 48050 132745 3 22120 10480 11640 11668 259125 157085 102040 163595 163595 -61555 1 SCHOLARSHIPS FOR STUDENTS 1915 14901213 PART I, LINE 2: ALL SCHOLARSHIPS AND GRANTS ARE ADMINISTERED WITHIN THE GUIDELINES OF THE DEPARTMENT OF EDUCATION. WILLIAM CAREY UNIVERSITY'S FINANCIAL AID AND BUSINESS DEPARTMENTS MONITOR THE PROGRAMS TO ASSURE THAT THEY FOLLOW FEDERAL GUIDELINES. THE INDEPENDENT AUDITORS PERFORM AN AUDIT ON ALL FEDERAL PROGRAMS ANNUALLY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ITALO SUBBARAO PROFESSOR OF CLINICAL SCIE 503125 0 0 0 27 0 15000 0 8361 0 526513 0 0 0 RAYMOND KING FORMER PRESIDENT AND CHIEF 197371 0 56000 0 30014 0 9375 0 5522 0 298282 0 0 0 KEITH SPEED PROFESSOR OF CLINICAL SCIE 256175 0 0 0 139 0 13275 0 8326 0 277915 0 0 0 ETHAN WORTHINGTON ASSISTANT PROFESSOR OF CLI 253250 0 0 0 27 0 6900 0 8360 0 268537 0 0 0 AJAY SHARMA ASSOCIATE PROFESSOR OF CLI 241700 0 0 0 2752 0 6540 0 8360 0 259352 0 0 0 TONYA CREECH ASSISTANT PROFESSOR OF PRE 235000 0 5000 0 41 0 7442 0 8360 0 255843 0 0 0 TIFFANY WORTHINGTON ASSISTANT PROFESSOR OF CLI 230900 0 0 0 27 0 6900 0 8360 0 246187 0 0 0 MICHAEL MALLOY PROFESSOR OF PHARMACY AND 230080 0 0 0 228 0 7252 0 8360 0 245920 0 0 0 MELISSA STEPHENS PROFESSOR OF CLINICAL SCIE 223500 0 0 0 27 0 7450 0 8360 0 239337 0 0 0 EDWARD FRIEDLANDER PROFESSOR OF PRECLINICAL S 213500 0 5000 0 0 0 6476 0 8306 0 233282 0 0 0 ROSALYN SCHNEIDER PART-TIME ASST PROF CLINICAL STUDIES 208300 0 5000 0 14 0 5700 0 8335 0 227349 0 0 0 ENG HUU ASSOCIATE PROFESSOR OF CLI 204500 0 5000 0 228 0 6476 0 8360 0 224564 0 0 0 BENJAMIN BURNETT PRESIDENT AND CHIEF EXECUT 202370 0 0 0 77 0 8698 0 8264 0 219409 0 0 0 DARRYLL BARKSDALE ASSISTANT PROFESSOR OF PRE 197000 0 5000 0 228 0 6238 0 8353 0 216819 0 0 0 CHARLES FILLINGANE ASSOCIATE PROFESSOR OF CLI 197000 0 5000 0 119 0 5870 0 8353 0 216342 0 0 0 JOHN GAUDET ASSOCIATE PROFESSOR OF CLI 195000 0 5000 0 77 0 5850 0 8347 0 214274 0 0 0 JIM WEIR PROFESSOR OF CLINICAL & PR 195080 0 5000 0 0 0 12287 0 604 0 212971 0 0 0 EVAN WILLIAMSON ASSISTANT PROFESSOR OF CLI 190000 0 5000 0 41 0 5700 0 8334 0 209075 0 0 0 JAMES MITCHELL ASSISTANT PROFESSOR OF PRE 195000 0 5000 0 0 0 5850 0 606 0 206456 0 0 0 JANET WILLIAMS PROFESSOR OF NURSING; VICE 164080 0 0 0 10027 0 15000 0 8258 0 197365 0 0 0 ANGELA HOUSTON FORMER ASSISTANT PROFESSOR EDUCATION 106780 0 0 0 2109 0 5960 0 8035 0 122884 0 0 0 CASSANDRA CONNER PROFESSOR OF EDUCATION; VI 109000 0 0 0 0 0 5187 0 8038 0 122225 0 0 0 BRANTLY FRYFOGLE FORMER DIRECTOR ENTERPRISE SERV 100804 0 0 0 16 0 6199 0 8066 0 115085 0 0 0 PART I, LINE 1A EMPLOYEES WHO ARE ORDAINED MINISTERS QUALIFY FOR HOUSING ALLOWANCES. THE AMOUNT OF THE HOUSING ALLOWANCE IS INCLUDED IN FORM 990,PART VII, SECTION A, COLUMN F. THE HOUSING ALLOWANCE IS ALSO REPORTED ON THE W-2, BOX 14. THE FOLLOWING ORDAINED MINISTERS REPORTED IN FORM 990,PART VII, SECTION A, COLUMN F, RECEIVED HOUSING ALLOWANCE: DRS. RAYMOND KING AND DANIEL CALDWELL. BARNES & NOBLE VENDOR 534182 PROVIDER OF BOOKSTORE SERVICES 0 COMMERCIAL STATIONERY COMPANY VENDOR 422907 PURCHASE OF CLASSROOM AND OFFICE FURNISHINGS 0 MMI DINING SERVICES VENDOR 1972628 CAFETERIA SERVICES 0 HANCO CORPORATION VENDOR 430000 CONSTRUCTION SERVICES 0 X 3 37200 FAIR MARKET VALUE X 1 11800 FAIR MARKET VALUE X EQUIPMENT 2 175798 COST X FURNITURE 1 7924 COST X GIFT CARDS 38 2528 COST X SIGNS 1 105 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF FORM 990 IS PRESENTED IN PERSON, MAILED, OR EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE RETURN MUST BE REVIEWED BY THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE MUST SIGN A CONFLICT OF INTEREST CERTIFICATION EACH YEAR. EACH CERTIFICATION IS REVIEWED BY THE APPROPRIATE BODY (ADMINISTRATION OR GOVERNING BOARD), AND MATTERS REQUIRING RESOLUTION ARE RESEARCHED, DISCUSSED, AND ACTED UPON AS NEEDED TO ENSURE THE NECESSARY DISCLOSURE AND AVOIDANCE OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND MEETS ANNUALLY REGARDING THE CHIEF EXECUTIVE'S COMPENSATION. THIS COMMITTEE OFTEN DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON COMPARABILITY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DELIBERATION AMONG THE MEMBERS. AFTER THE COMMITTEE REACHES A CONCLUSION, THEY MAKE A RECOMMENDATION TO THE TRUSTEES. THE TRUSTEES THEN DISCUSS AND VOTE ON THE RECOMMENDATION OF THE COMMITTEE. ALL DISCUSSIONS CONCERNING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE MEETINGS FOR SUBSTANTIATION PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE BY REQUESTING A COPY FROM THE BUSINESS OFFICE THROUGH THE CFO, THE GUIDESTAR WEBSITE, OR UNIVERSITY'S WEBSITE. CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO ALL EMPLOYEES ON OUR INTERNAL WEBSITE. THESE ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 3. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.