2025-07-15T19:08:36-05:00 2024-08-31 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2023-09-01 581382543 PAUL W BARRET JR SCHOOL OF BANKING PAUL 9013214000 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 CHRISTOPHER M KELLEY EXECUTIVE DIRECTOR 9013214000 2025-07-15 1 1 KELLY S CROW P01519168 9016822431 2025-07-15 2023 2025-03-06 01:10:19Z CHRISTOPHER M KELLEY 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 1252113 0 X WWW.BARRETBANKING.ORG X 1976 TN PROVIDING EDUCATION & PROFESSIONAL DEVELOPMENT FOR THE BANKING COMMUNITY 43 40 3 40 0 0 5000 0 719632 718766 143645 421959 38939 111388 907216 1252113 35665 54422 0 0 502201 535931 0 0 0 636368 676660 1174234 1267013 -267018 -14900 9433432 10268296 336187 402857 9097245 9865439 PROVIDING EDUCATION & PROFESSIONAL DEVELOPMENT FOR THE BANKING COMMUNITY 0 0 815192 54422 718766 THE PAUL W. BARRET, JR. SCHOOL OF BANKING IS A NON-PROFIT INDEPENDENT SCHOOL CREATED BY AND GOVERNED BY A BOARD OF REGENTS, WHOSE MEMBERS ARE EXECUTIVES FROM BANKS AND OTHER FIRMS INVOLVED WITH THE FINANCIAL SERVICES INDUSTRY. THE MISSION OF THE SCHOOL IS TO PROVIDE AN ADULT LEARNING EXPERIENCE FOR THE CAREER-ORIENTED INDIVIDUAL IN COMMERCIAL BANKING OR A RELATED FINANCIAL SERVICES INDUSTRY BUSINESS. 815192 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 43 40 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 X ASHLEY GORDON 9013214000 650 EAST PARKWAY SOUTH MEMPHIS TN 38104 SKINNER RAY CHAIRMAN 0.50 X X 0 0 0 NUNLEY JENNIFER CHAIRMAN - ELECT 0.50 X X 0 0 0 GOWEN JIM JR IMMEDIATE PAST CHAIRMAN 0.50 X X 0 0 0 GERRISH JEFF SECRETARY 0.50 X X 0 0 0 ANDERSON SHARON BOARD MEMBER 0.50 X 0 0 0 ANGLES KATE BOARD MEMBER 0.50 X 0 0 0 BELLER JOHN BOARD MEMBER 0.50 X 0 0 0 BITTINGER AZA BOARD MEMBER 0.50 X 0 0 0 BREEN ADRIAN BOARD MEMBER 0.50 X 0 0 0 COGGIN LARRY BOARD MEMBER 0.50 X 0 0 0 DOVER BORIS BOARD MEMBER 0.50 X 0 0 0 DUFOUR DAVID BOARD MEMBER 0.50 X 0 0 0 FINNERTY DAVE BOARD MEMBER 0.50 X 0 0 0 FITE LISA BOARD MEMBER 0.50 X 0 0 0 GOODRICH RAYMOND BOARD MEMBER 0.50 X 0 0 0 HAUGEN BARRY BOARD MEMBER 0.50 X 0 0 0 HERRERA ROBERT BOARD MEMBER 0.50 X 0 0 0 HOBBS MIKE BOARD MEMBER 0.50 X 0 0 0 HUGHES EDNA BOARD MEMBER 0.50 X 0 0 0 JONES JASON BOARD MEMBER 0.50 X 0 0 0 KELLY DANNY BOARD MEMBER 0.50 X 0 0 0 LANORE LINDSAY BOARD MEMBER 0.50 X 0 0 0 MARKLAND KIM BOARD MEMBER 0.50 X 0 0 0 MCCLATCHY SAM BOARD MEMBER 0.50 X 0 0 0 MCNAIR JOHN BOARD MEMBER 0.50 X 0 0 0 MITCHELL SHAWN BOARD MEMBER 0.50 X 0 0 0 MONTGOMERY TAMMY BOARD MEMBER 0.50 X 0 0 0 PADGETT CHRIS BOARD MEMBER 0.50 X 0 0 0 PARISI MIKE BOARD MEMBER 0.50 X 0 0 0 REBER JIM BOARD MEMBER 0.50 X 0 0 0 RITTENBERRY JEANIE BOARD MEMBER 0.50 X 0 0 0 RUGE MATT BOARD MEMBER 0.50 X 0 0 0 SCARBORO DOUGLAS BOARD MEMBER 0.50 X 0 0 0 ST PIERRE JUSTIN BOARD MEMBER 0.50 X 0 0 0 STRICKLAND JIM BOARD MEMBER 0.50 X 0 0 0 TAYLOR TERESA BOARD MEMBER 0.50 X 0 0 0 UNDERWOOD KATHY BOARD MEMBER 0.50 X 0 0 250 WALHOOD BRIAN BOARD MEMBER 0.50 X 0 0 0 WITKOWSKI JOHN BOARD MEMBER 0.50 X 0 0 0 YEAKEL STEVE BOARD MEMBER 0.50 X 0 0 0 KELLEY CHRISTOPHER M EXECUTIVE DIRECTOR 40.00 X X 213423 0 53412 EARNHEART BYRON PROGRAMMING DIRECTOR 40.00 X 104010 0 0 GORDON ASHLEY REGISTRAR 40.00 X 65227 0 6636 382660 0 60298 2 0 1 0 0 TUITION - RESIDENCY 611600 498650 498650 TUITION - CAREER TRACK 611600 184306 184306 HOUSING 611600 35810 35810 718766 197451 197451 224508 0 224508 224508 224508 INSURANCE INCOME 900099 111388 111388 111388 1252113 718766 0 533347 54422 54422 480889 295517 185372 55042 33560 21482 53399 53399 67214 67214 8430 8430 10518 10518 10269 10269 9000 9000 70685 55785 14900 16374 16374 52355 52355 8448 8448 INSTRUCTOR FEES 196978 196978 SPEAKER HONORARIUM 69000 69000 STUDENT MEALS 60152 60152 INSTRUCTIONAL MATERIALS 23558 23558 20280 17790 2490 1267013 815192 451821 0 789791 295507 903590 1403675 285 18859 13183 13752 7726583 8536503 9433432 10268296 10297 30951 1000 0 324890 371906 336187 402857 X 1947004 2002704 7150241 7862735 9097245 9865439 9433432 10268296 -14900 783094 0 X X 0 1 X 1 0 X 7150241 1159488 379780 67214 7862735 6972340 628447 383162 67384 7150241 8652600 -1196431 392717 91112 6972340 7573978 1540735 386843 75270 8652600 7337106 690070 384760 68438 7573978 0.00000 1.00000 0.00000 1 0 0 BENEFICIAL INTEREST IN PERPETUAL TRUST 7862735 CASH VALUE OF LIFE INSURANCE 640981 OPERATING RIGHT-OF-USE ASSET 32787 8536503 DEFERRED COMPENSATION 339119 OPERATING LEASE 32787 371906 X 1967993 783094 -67214 715880 1252113 0 1252113 1199799 0 1199799 67214 67214 1267013 PART V, LINE 4: THE SCHOOL'S DONOR-RESTRICTED ENDOWMENT WAS ESTABLISHED TO SUPPORT THE OPERATIONS OF THE SCHOOL INCLUDING AN ANNUAL LECTURE SERIES. PART X, LINE 2: IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN GENERAL AND ADMINISTRATIVE EXPENSES FOR THE YEARS ENDED AUGUST 31, 2024 AND 2023. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -67,214. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 67,214. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL INCLUDES ITS NONDISCRIMINATION POLICY IN ALL INFORMATION BROCHURES AND ADMISSION APPLICATIONS. THE POLICY IS ALSO INCLUDED ON THE PUBLIC WEBSITE. 0 CHRISTIAN BROTHERS UNIVERSITY 650 E PARKWAY SOUTH MEMPHIS TN 38104 620476666 501(C)(3) 54422 0 BUILDING RENOVATIONS PART I, LINE 2: THE SCHOOL PROVIDES GENERAL GUIDELINES TO THE GRANTEE ORGANIZATION REGARDING HOW GRANT FUNDS ARE TO BE USED. X X X X 0 1 0 1 0 0 0 0 0 KELLEY CHRISTOPHER M EXECUTIVE DIRECTOR 208120 0 5303 0 0 0 53412 0 0 0 266835 0 0 0 PART I, LINE 4B CHRISTOPHER M. KELLEY, EXECUTIVE DIRECTOR, IS A PARTICIPANT IN THE PAUL W. BARRET, JR. SCHOOL OF BANKING SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. DURING THE CURRENT YEAR, $53,412 WAS ACCRUED FOR MR. KELLEY'S BENEFIT. PART I, LINE 5 THE EXECUTIVE DIRECTOR HAS A BONUS PLAN BASED ON THE NUMBER OF FIRST YEAR STUDENTS RECRUITED TO THE PAUL W. BARRET, JR. SCHOOL OF BANKING EACH YEAR. HE RECEIVES $100 FOR EVERY STUDENT AFTER THE MINIMUM OF 50 STUDENTS IS REACHED. THE RECRUITED STUDENTS PAY TUITION, WHICH IS PART OF THE SCHOOL'S REVENUE STREAM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY MANAGEMENT, INCLUDING THE EXECUTIVE DIRECTOR, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DECIDED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION THROUGH INFORMAL STUDY BASED ON COMPENSATION FOR EXECUTIVES WITHIN THEIR PROSPECTIVE BANKS WITH THE CURRENT EXECUTIVE DIRECTOR'S YEARS OF BANKING EXPERIENCE AND EXPERTISE. WHEN THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE, IT IS THEN PUT INTO A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE SCHOOL'S BOARD OF REGENTS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART V, LINE 2B THREE EMPLOYEE OF PAUL W. BARRET, JR. SCHOOL OF BANKING RECEIVED FORMS W-2, HOWEVER THE FORM W-3 WAS FILED BY CHRISTIAN BROTHERS UNIVERSITY (EIN 62-0476666).