2025-04-15T14:50:48-05:00 2024-05-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2023-06-01 560529999 HIGH POINT UNIVERSITY HIGH 3368419202 ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 STEVEN B CALLOWAY SENIOR VP FOR BUSINESS AFFAIRS 3368419202 2025-04-14 1 0 BRIAN D MILLER CPA P00365109 4237567771 2025-04-14 2023 2025-03-06 01:10:19Z STEVEN B CALLOWAY ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 512427502 0 X WWW.HIGHPOINT.EDU X 1928 NC HIGH POINT UNIVERSITY'S INSPIRING ENVIRONMENT, CARING PEOPLE, AND ENGAGING EDUCATION EQUIP GRADUATES FOR SUCCESS AND SIGNIFICANCE BY CULTIVATING THE VALUES, KNOWLEDGE, MINDSET, AND SKILLS NECESSARY TO THRIVE IN A COMPETITIVE AND RAPIDLY CHANGING WORLD. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO EQUIPPING STUDENTS TO LEAD LIVES OF SUCCESS AND SIGNIFICANCE. 37 34 3008 0 54595 53595 56321409 86171914 352297282 386549270 5466891 8383276 7991676 8640396 422077258 489744856 84160465 96612224 0 0 92442030 103984031 0 0 4344387 180355683 196617917 356958178 397214172 65119080 92530684 1128722579 1237786639 187965236 185764676 940757343 1052021963 X HIGH POINT UNIVERSITY'S INSPIRING ENVIRONMENT, CARING PEOPLE, AND ENGAGING EDUCATION EQUIP GRADUATES FOR SUCCESS AND SIGNIFICANCE BY CULTIVATING THE VALUES, KNOWLEDGE, MINDSET, AND SKILLS NECESSARY TO THRIVE IN A COMPETITIVE AND RAPIDLY CHANGING WORLD. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO EQUIPPING STUDENTS TO LEAD LIVES OF SUCCESS AND SIGNIFICANCE. 0 0 291726731 84969301 342620230 HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 5,050 UNDERGRADUATE STUDENTS THROUGH ITS PHILLIPS SCHOOL OF BUSINESS, WANEK SCHOOL OF NATURAL SCIENCES, WEBB SCHOOL OF ENGINEERING, QUBEIN SCHOOL OF COMMUNICATIONS, HAYWORTH SCHOOL OF ARTS & DESIGN, SCHOOL OF NURSING, STOUT SCHOOL OF EDUCATION, CONGDON SCHOOL OF HEALTH SCIENCES, AND SCHOOL OF HUMANITIES AND BEHAVIORAL SCIENCES. 30889040 11642923 53370773 THE UNIVERSITY, THROUGH ITS NORCROSS GRADUATE SCHOOL, ALSO SERVES APPROXIMATELY 1,000 GRADUATE STUDENTS SEEKING DEGREES IN BUSINESS ADMINISTRATION, EDUCATION, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, STRATEGIC COMMUNICATION, HEALTH SCIENCES, PHYSICAL THERAPY AND PHARMACY. 322615771 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 0 0 0 0 1 8637 0 1 3008 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 37 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X STEVEN B CALLOWAY 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 LA'TANYA BAILEY TRUSTEE 0.50 X 0 0 0 MICHAEL BROWN TRUSTEE 0.50 X 0 0 0 TERESA CAINE TRUSTEE 0.50 X 0 0 0 RICHARD CALLICUTT II TRUSTEE 0.50 X 0 0 0 ROY CAROLL TRUSTEE 0.50 X 0 0 0 LORRAINE CHARMAN TRUSTEE 0.50 X 0 0 0 DAVID S CONGDON TRUSTEE 0.50 X 0 0 0 CHRISTINE COTTRELL TRUSTEE 0.50 X 0 0 0 STEPHANIE COUCH TRUSTEE 0.50 X 0 0 0 J FOSTER TRUSTEE 0.50 X 0 0 0 JAMES HOWELL TRUSTEE 0.50 X 0 0 0 KENNETH KAHN TRUSTEE 0.50 X 0 0 0 BISHOP PAUL LEELAND TRUSTEE 0.50 X 0 0 0 KRISTINE MESTDAGH TRUSTEE 0.50 X 0 0 0 KEVIN NORTON TRUSTEE 0.50 X 0 0 0 JEFF PATTERSON TRUSTEE 0.50 X 0 0 0 MARK PHILLIPS TRUSTEE 0.50 X 0 0 0 STEPHEN POND TRUSTEE 0.50 X 0 0 0 CHARLES SMITH TRUSTEE 0.50 X 0 0 0 CAMERON WANEK TRUSTEE 0.50 X 0 0 0 MARK WEBB TRUSTEE 0.50 X 0 0 0 DOUGLAS WITCHER TRUSTEE 0.50 X 0 0 0 JACOB MARTINSON TRUSTEE 0.50 X 0 0 0 RON JONES TRUSTEE 0.50 X 0 0 0 ELIZABETH ALDRIDGE TRUSTEE 0.50 X 0 0 0 ROBERT BROWN TRUSTEE 0.50 X 0 0 0 RICHARD BUDD TRUSTEE 0.50 X 0 0 0 EARL CONGDON TRUSTEE 0.50 X 0 0 0 FLOYD CRAVEN TRUSTEE 0.50 X 0 0 0 JOHN FINCH TRUSTEE 0.50 X 0 0 0 DAVID FRANCIS TRUSTEE 0.50 X 0 0 0 SHIRLEY FRYE TRUSTEE 0.50 X 0 0 0 DONALD HAYNES TRUSTEE 0.50 X 0 0 0 CHRISTOPHER HENSON TRUSTEE 0.50 X 0 0 0 GENE KESTER TRUSTEE 0.50 X 0 0 0 WILLIAM KESTER TRUSTEE 0.50 X 0 0 0 J STOUT TRUSTEE 0.50 X 0 0 0 RICHARD VERT TRUSTEE 0.50 X 0 0 0 FRED WILSON TRUSTEE 0.50 X 0 0 0 NIDO QUBEIN PRESIDENT 40.00 X 2517498 0 919180 DEBI SHUTTERS CHIEF FINANCIAL OFFICER 40.00 X 214530 0 38678 BRAD CALLOWAY SENIOR VICE PRESIDENT 40.00 X 312234 0 47875 DANIEL ERB SENIOR VICE PRESIDENT 40.00 X 315065 0 42108 ANDREW BILLS SENIOR VICE PRESIDENT 40.00 X 297397 0 35079 CHRIS DUDLEY SENIOR VICE PRESIDENT 40.00 X 163574 0 22717 ANGELA BAUER SENIOR VICE PRESIDENT 40.00 X 203093 0 25924 ROGER CLODFELTER SENIOR VICE PRESIDENT 40.00 X 252437 0 45611 BARRY KITLEY SENIOR VICE PRESIDENT 40.00 X 252856 0 38388 KERR RAMSAY SENIOR VICE PRESIDENT 40.00 X 257530 0 33437 ALAN HUSS COACH 40.00 X 540043 0 44106 KEVIN CAIN SENIOR ASSOCIATE DEAN FOR ADMINISTRATION 40.00 X 210975 0 37132 MARK MARTIN DEAN, SCHOOL OF LAW 40.00 X 423389 0 30449 SCOTT DE ROSSI DEAN, SCHOOL OF DENTAL MEDICINE 40.00 X 322949 0 25524 ALI SHAZIB DEAN, SCHOOL OF DENTAL MEDICINE 40.00 X 223914 0 37221 6507484 0 1423429 152 0 1 0 SHELCO LLC 370 KNOLLWOOD ST STE 200 WINSTONSALEM NC 27103 GENERAL CONTRACTOR 22116838 NETUNLIMITED CABLING SOLUTIONS 2483 SALEM PARK DRIVE WINSTONSALEM NC 27127 GENERAL CONTRACTOR 1750523 DH GRIFFIN CONSTRUCTION CO LLC 600 GREEN VALLEY RD SUITE 301 GREENSBORO NC 27408 GENERAL CONTRACTOR 1093672 APPLEGATE RESTAURANTS LLC 2605 OLD GREENSBORO ROAD HIGH POINT NC 27265 FOOD SERVICES 1062860 SAM DILLS 347 HAYMORE DR WINSTONSALEM NC 27107 GENERAL CONTRACTOR 936863 33 13047342 73124572 193160 86171914 STUDENT TUITION & FEES 611710 274010859 274010859 RESIDENCE HALL FEES 721310 63073242 63073242 CAFETERIA/MEALS 722210 47308348 47308348 INTERCOLLEGIATE ATHLET 611710 1469344 1469344 BOOKSTORE 611710 360549 360549 326928 326928 386549270 7432296 7432296 96118 96118 1454856 2635507 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9896624 15815399 1128722579 1237786639 38128169 22707261 45451785 62986894 100216949 90853352 1471898 1446805 1603985 814789 1092450 6955575 187965236 185764676 X 765862704 850962518 174894639 201059445 940757343 1052021963 1128722579 1237786639 92530684 19025350 -291414 0 X X 0 1 X 1 1 1 X 32360327 42620872 99214423 56321409 86171914 316688945 32360327 42620872 99214423 56321409 86171914 316688945 92595357 224093588 3937356 2246393 3643699 7057560 8983270 25868278 79820 42134 70937 44953 54595 292439 1440 12926 12012 8570 10650 45598 342895260 1629882696 0.65350 0.71560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1776240 X X EDUCATION 0 0 1 X 151489137 8729375 22235096 4589873 607362 177256373 138711571 18796786 -1976659 3540931 501630 151489137 127505121 21005004 -5341443 3963425 493686 138711571 78259483 30933756 21382031 2771078 299071 127505121 65747536 13722553 1413235 2388313 235528 78259483 0.26778 0.57003 0.16219 1 0 85034973 85034973 916783228 228467663 688315565 94920504 47658613 47261891 166396179 135946347 30449832 30645023 30645023 881707284 INSURANCE CONTRACT 165678 C CORPORATE BONDS & STOCKS 61824287 F 61989965 OPERATING LEASE LIABILITY 6955575 6955575 X 403222410 18093858 -94832246 -76738388 479960798 344506 9439552 9784058 489744856 292765399 2659214 2659214 290106185 344506 106763481 107107987 397214172 PART III, LINE 4: THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. PART IV, LINE 2B: THE UNIVERSITY ALLOWS THE STUDENT GOVERNMENT ASSOCIATIONS TO KEEP MONEY THAT THEY HAVE COLLECTED IN A UNIVERSITY CONTROLLED BANK ACCOUNT. PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR THE PURPOSES STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. PART X, LINE 2: HIGH POINT UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND NORTH CAROLINA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE LLCS, INCLUDING HPU HEALTH, ARE TREATED AS PARTNERSHIPS FOR FEDERAL AND STATE INCOME TAX PURPOSES. THE EARNINGS AND LOSSES ARE INCLUDED IN THE TAX RETURN OF THE UNIVERSITY. THEREFORE, NO PROVISION FOR OR BENEFIT FROM INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. IT IS THE UNIVERSITY'S POLICY TO EVALUATE ALL SIGNIFICANT TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED IN 2024 AND 2023. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31, 2021; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION, AS WELL AS RELATED PENALTIES AND INTEREST, WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDED AND UNFUNDED AID -95,180,909. CHANGE IN INTEREST SWAP RATE 348,663. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -2,635,507. FEDERAL GRANT EXPENSE NETTED AGAINST REVENUE CAPITAL GIFTS AND GRANTS 3,403,656. REVENUE NETTED AGAINST OTHER, NET ON FINANCIAL STATEMENTS 5,289,053. REVENUE NETTED AGAINST DENTAL, NET ON FINANCIAL STATEMENTS 3,538,262. LOSSES NETTED AGAINST GAIN ON FINANCIAL STATEMENTS -132,205. FUND RAISING EXPENSES -23,707. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE REPORTED ON PART VIII 2,635,507. FUNDRAISING EXPENSE REPORTED ON PART VIII 23,707. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDED AND UNFUNDED AID 95,180,909. REVENUE NETTED AGAINST OTHER, NET ON FINANCIAL STATEMENTS 5,289,053. REVENUE NETTED AGAINST DENTAL, NET ON FINANCIAL STATEMENTS 3,538,262. LOSSES NETTED AGAINST GAIN ON FINANCIAL STATEMENTS -132,205. GAIN/LOSS ON DISPOSAL OF CONSTRUCTION IN PROCESS -807,609. FEDERAL GRANT EXPENSE NETTED AGAINST REVENUE CAPITAL GIFTS AND GRANTS 3,403,656. INVESTMENT FEES PAID THROUGH UNREALIZED GAIN/LOSS 291,415. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL BROADCASTS AND PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD (CHINA) 66304 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD (JAPAN) 302588 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD (FRANCE) 168155 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD (ITALY) 2132 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD (MULTI) 786467 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD (SPAIN) 254962 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVEESTMENTS FOREIGN INVESTMENTS 1858000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS FOREIGN INVESTMENTS 1259000 0 0 0 0 0 0 4697608 0 4697608 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 2 ALL DISBURSEMENTS MADE BY THE UNIVERSITY IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY DULY AUTHORIZED INDIVIDUALS. SCHEDULE F, PART I, LINE 3 AMOUNTS REPORTED ARE BASED ON BEST AVAILABLE DATA. INVESTMENT AMOUNTS ARE ROUNDED TO THE NEAREST $1,000. UNIVERSITY ACTIVITIES INCLUDE ACADEMIC SUPPORT, INSTITUTIONAL SUPPORT, INSTRUCTION, STUDENT SERVICES AND OPERATING AND MAINTENANCE OF PLANT. 1 HORATIO ALGER ASSOCIATION 99 CANAL CENTER PLAZA ALEXANDRIA VA 22314 131669975 PUBLIC CHARITY 525000 0 FMV GENERAL SUPPORT HIGH POINT COMMUNITY FOUNDATION PO BOX 5166 HIGH POINT NC 27262 561695787 PUBLIC CHARITY 500000 0 FMV GENERAL SUPPORT UNITED WAY OF HIGH POINT INC 201 CHURCH AVE HIGH POINT NC 27262 560547486 PUBLIC CHARITY 148082 0 FMV GENERAL SUPPORT PIEDMONT TRIAD PARTNERSHIP 416 GALLIMORE DAIRY ROAD GREENSBORO NC 27409 561750279 PUBLIC CHARITY 125000 0 FMV GENERAL SUPPORT HIGH POINT REGIONAL HEALTH SYSTEM F PO BOX HP5 HIGH POINT NC 27261 272854711 PUBLIC CHARITY 10500 0 FMV GENERAL SUPPORT THE INSTITUTE OF WORLD POLITICS 1521 16TH ST NW WASHINGTON DC 20036 521699641 PUBLIC CHARITY 10000 0 FMV GENERAL SUPPORT MINISTERS' CONFERENCE OF HIGH POINT PO BOX 628 HIGH POINT NC 27261 563194545 PUBLIC CHARITY 10000 0 FMV GENERAL SUPPORT CIS OF HIGH POINT PO BOX 6735 HIGH POINT NC 27265 561610073 PUBLIC CHARITY 10000 0 FMV GENERAL SUPPORT JUVENILE DIABETES RESEARCH FOUNDATION 216 W MARKET ST SUITE B GREENSBORO NC 27401 231907729 PUBLIC CHARITY 10000 0 FMV GENERAL SUPPORT SECOND HARVEST FOOD BANK 3655 REED ST WINSTON SALEM NC 27107 581457912 PUBLIC CHARITY 5000 0 FMV GENERAL SUPPORT CITY OF HIGH POINT FIRE DEPARTMENT 434 S ELM ST HIGH POINT NC 27260 463182168 PUBLIC CHARITY 5000 0 FMV GENERAL SUPPORT PIEDMONT TRIAD CHARITABLE FOUNDATION 3211 FORSYTH DRIVE GREENSBORO NC 27407 566085407 PUBLIC CHARITY 5000 0 FMV GENERAL SUPPORT NCCJ 713 NORTH GREENE ST GREENSBORO NC 27401 061753756 PUBLIC CHARITY 5000 0 FMV GENERAL SUPPORT FRIENDS OF JOHN COLTRANE INC PO BOX 2392 HIGH POINT NC 27261 272375364 PUBLIC CHARITY 5000 0 FMV GENERAL SUPPORT ATHLETIC AID 379 9651506 MERIT AID 4019 59799411 NEED-BASED AND OTHER INSTITUTIONAL AWARDS 1758 14694318 INSTITUTIONAL FUNDED FINANCIAL AID 514 4606288 EXTERNAL FUNDED FINANCIAL AID 669 6429386 PART I, LINE 2: THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE VICE PRESIDENT OF FINANCIAL AFFAIRS. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 NIDO QUBEIN PRESIDENT 1488780 0 600 0 1028118 0 900000 0 19180 0 3436678 0 530372 0 ALAN HUSS COACH 488640 0 600 0 50803 0 24625 0 19481 0 584149 0 0 0 MARK MARTIN DEAN, SCHOOL OF LAW 418440 0 2874 0 2075 0 26400 0 4049 0 453838 0 0 0 BRAD CALLOWAY SENIOR VICE PRESIDENT 305555 0 2600 0 4079 0 25467 0 22408 0 360109 0 0 0 DANIEL ERB SENIOR VICE PRESIDENT 308112 0 2874 0 4079 0 22392 0 19716 0 357173 0 0 0 SCOTT DE ROSSI DEAN, SCHOOL OF DENTAL MEDICINE 309850 0 12024 0 1075 0 22826 0 2698 0 348473 0 0 0 ANDREW BILLS SENIOR VICE PRESIDENT 288189 0 2600 0 6608 0 23358 0 11721 0 332476 0 0 0 ROGER CLODFELTER SENIOR VICE PRESIDENT 248278 0 2600 0 1559 0 20880 0 24731 0 298048 0 0 0 BARRY KITLEY SENIOR VICE PRESIDENT 248727 0 2600 0 1529 0 20667 0 17721 0 291244 0 0 0 KERR RAMSAY SENIOR VICE PRESIDENT 253927 0 2600 0 1003 0 20667 0 12770 0 290967 0 0 0 ALI SHAZIB DEAN, SCHOOL OF DENTAL MEDICINE 220306 0 2874 0 734 0 11723 0 25498 0 261135 0 0 0 DEBI SHUTTERS CHIEF FINANCIAL OFFICER 209953 0 2600 0 1977 0 17688 0 20990 0 253208 0 0 0 KEVIN CAIN SENIOR ASSOCIATE DEAN FOR ADMINISTRA 207252 0 2874 0 849 0 17533 0 19599 0 248107 0 0 0 ANGELA BAUER SENIOR VICE PRESIDENT 198113 0 3213 0 1767 0 16080 0 9844 0 229017 0 0 0 CHRIS DUDLEY SENIOR VICE PRESIDENT 162252 0 300 0 1022 0 13329 0 9388 0 186291 0 0 0 PART I, LINE 1A DR. NIDO QUBEIN, PRESIDENT, HAS SERVICES PROVIDED AT HIS HOME, INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THE UNIVERSITY PROVIDES CHARTER TRAVEL FOR THE PRESIDENT'S TRAVEL NEEDS. PART I, LINE 3 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. PART I, LINE 4B DR. NIDO QUBEIN, PRESIDENT, RECEIVED A CONTRIBUTION TO HIS 457F PLAN A NC CAPITAL FACILITIES FINANCE AGENCY 561592154 000000000 2015-10-22 80630000 REFUND BONDS, FACILITIES, AND ISSUANCE EXPENSE 0 0 0 B NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PNC9 2021-03-18 45435000 REFUND BONDS AND ISSUANCE EXPENSE 0 0 0 A 34883000 80630000 188145 80441855 2016 1 0 1 1 B 6100000 54592111 501870 54080241 2021 1 0 1 1 A 0 0 1 0 1 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 DR NIDO QUBEIN PRESIDENT PREMIUMS PAID FOR LIFE INSURANCE POLICY X 8174840 8174840 0 1 1 8174840 BUDD GROUP THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD 13464117 CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING, AND JANITORIAL SERVICES FOR HIGH POINT UNIVERSITY 0 SOUTHEASTERN BUILDING SERVICES INC MIRIAM KIMSEY, TRUSTEE, IS THE VP OF SOUTHEASTERN BUILDING SERVICES INC. 649679 PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS. 0 SMITH AND JENNINGS INC CHARLES SMITH, TRUSTEE, IS THE OWNER OF SMITH AND JENNINGS, INC. 8705549 CONTRACTING FIRM, HAS PROVIDED CONSTRUCTION SERVICES FOR THE UNIVERSITY ON VARIOUS PROJECTS OVER THE PAST 20 YEARS.THESE ENGAGEMENTS BEGAN PRIOR TO CHARLES SMITH'S APPOINTMENT TO THE UNIVERSITY'S BOARD OF DIRECTORS. IN ACCORDANCE WITH UNIVERSITY POLICY, ALL MAJOR CONSTRUCTION PROJECTS ARE SUBJECT TO A COMPETITIVE BIDDING PROCESS REQUIRING PROPOSALS FROM A MINIMUM OF THREE QUALIFIED GENERAL CONTRACTORS TO ENSURE FAIR PRICING AND SELECTION 0 MICHAEL QUBEIN MICHAEL QUBEIN IS THE SON OF PRESIDENT NIDO QUBEIN 85714 EMPLOYED FULL TIME AS A PROJECT COORDINATOR AND OVERSEES VARIOUS ONGOING PROJECT INITIATIVES 0 TYSON LANE TYSON LANE IS THE SON-IN-LAW OF SVP OF BUSINESS AFFAIRS STEVEN B. CALLOWAY 22861 EMPLOYED FULL TIME AS AN ADVANCEMENT OFFICER FUNDRAISING FOR THE UNIVERSITY 0 X 34 775369 FMV 0 1 1 PART I, LINE 32B: OCCASIONALLY THE UNIVERSITY RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE GENE AND WILLIAM KESTER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM AND IS REVIEWED IN THE OFFICE OF THE VICE PRESIDENT OF FINANCIAL AFFAIRS AND BY LEGAL COUNSEL. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT WITH COPIES MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AN REVIEWS THOROUGHLY AT LEAST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS BY PROVIDING PERIODIC REPORTS TO THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS PROCESSES FROM THE PRIOR YEAR 1924 HOLDINGS LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 900660924 RENTAL NC 385002 20268093 HIGH POINT UNIVERSITY HPU HEALTH LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 882256688 DENTAL CLINICS NC 3568262 11510840 HIGH POINT UNIVERSITY LONGLEAF PINE REALTY LLC 1010 NORTH TYRON ST SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC HIGH POINT UNIVERSITY OLYMPUS REALTY LLC 1010 NORTH TYRON ST SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC HIGH POINT UNIVERSITY LILY PAD INVESTORS LLC PO BOX 1550 HIGH POINT NC 27261 REAL ESTATE PURCHASES NC HIGH POINT UNIVERSITY