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Nonprofiteer
← CAMPBELL UNIVERSITY

Form 990 for tax year 2023

Filed by CAMPBELL UNIVERSITY.

Totals

Total revenue
$231,253,066
Total expenses
$235,532,544
Contributions and grants received
$13,260,008
Grants paid
$73,990,293
Program service revenue
$207,318,733
Investment income
$6,949,222
Other revenue
$3,725,103
Total assets, end of year
$653,931,720
Total liabilities, end of year
$150,979,445
Net assets or fund balances, end of year
$502,952,275
Program services expenses (Part IX)
$210,090,988
Management and general expenses
$22,371,660
Fundraising expenses
$3,069,896
Program service expenses (Part III)
$210,090,988

Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,351,245

  • 1f · All other contributions, gifts and grants

    $11,908,763

  • 1g · Noncash contributions included above

    $1,832,807

  • 2a · Program service revenue: TUITION & FEES

    total $185,932,296 · related or exempt $185,932,296

  • 2b · Program service revenue: AUXILIARY ENTERPRISES

    total $18,737,897 · related or exempt $18,737,897

  • 2c · Program service revenue: NCAA CONFERENCE DISTRIBUTIONS

    total $1,533,472 · related or exempt $1,533,472

  • 2d · Program service revenue: ATHLETICS, STUDENT SERVICES

    total $628,094 · related or exempt $628,094

  • 2e · Program service revenue: SCHOOLS & CAMPS

    total $486,974 · related or exempt $80,115 · unrelated business $406,859

  • 3 · Investment income

    total $6,814,123 · excluded $6,814,123

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $40,600

  • 6b · Less rental expenses

    real property $32,822

  • 6c · Rental income or loss

    real property $7,778 · personal property $0

  • 6d · Net rental income or loss

    total $7,778 · unrelated business $7,778

  • 7a · Gross sales of assets other than inventory

    securities $534,631,009 · other assets $9,000

  • 7b · Less cost or other basis and sales expenses

    securities $533,894,965 · other assets $609,945

  • 7c · Gain or loss

    securities $736,044 · other assets -$600,945

  • 7d · Net gain or loss

    total $135,099 · excluded $135,099

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $255,593

  • 10b · Cost of goods sold

    $198,200

  • 10c · Net income from sales of inventory

    total $57,393 · excluded $57,393

  • 11a · Other revenue: OTHER REVENUE

    total $3,284,880 · related or exempt $2,954,194 · unrelated business $330,686

  • 11b · Other revenue: PHARMACY ANALYTICAL LAB

    total $375,052 · related or exempt $375,052

  • 11e · Other revenue, total

    $3,659,932

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $73,990,293 · program services $73,990,293

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $2,621,760 · program services $1,948,869 · management and general $457,493 · fundraising $215,398

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $70,893,045 · program services $67,069,566 · management and general $2,548,128 · fundraising $1,275,351

  • 8 · Pension plan contributions

    total $1,969,809 · program services $1,848,728 · management and general $79,228 · fundraising $41,853

  • 9 · Other employee benefits

    total $7,938,605 · program services $7,383,581 · management and general $373,908 · fundraising $181,116

  • 10 · Payroll taxes

    total $4,981,595 · program services $4,668,314 · management and general $210,162 · fundraising $103,119

  • 11a · Fees: management

    total $574,127 · program services $574,127

  • 11b · Fees: legal

    total $129,636 · management and general $129,636

  • 11c · Fees: accounting

    total $272,237 · management and general $272,237

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $11,634,392 · program services $11,466,668 · management and general $167,724 · fundraising $0

  • 12 · Advertising and promotion

    total $2,810,008 · program services $2,140,244 · management and general $3,332 · fundraising $666,432

  • 13 · Office expenses

    total $549,714 · program services $483,865 · management and general $58,369 · fundraising $7,480

  • 14 · Information technology

    total $6,655,276 · program services $6,644,388 · management and general $10,888

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $7,060,620 · program services $6,803,673 · management and general $19,973 · fundraising $236,974

  • 17 · Travel

    total $3,677,604 · program services $3,616,369 · management and general $28,348 · fundraising $32,887

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $360,359 · program services $302,264 · management and general $12,991 · fundraising $45,104

  • 20 · Interest

    total $2,482,289 · management and general $2,482,289

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $10,622,052 · management and general $10,622,052

  • 23 · Insurance

    total $2,162,137 · program services $561,142 · management and general $1,600,051 · fundraising $944

  • 24a · Other expenses: INSTITUTIONAL SUPPORT

    total $7,555,511 · program services $4,376,800 · management and general $2,986,573 · fundraising $192,138

  • 24b · Other expenses: INSTRUCTIONAL

    total $6,163,787 · program services $5,972,067 · management and general $191,720 · fundraising $0

  • 24c · Other expenses: AUXILIARY ENTERPRISES

    total $5,454,484 · program services $5,454,484 · management and general $0 · fundraising $0

  • 24d · Other expenses: STUDENT SERVICES

    total $2,629,474 · program services $2,489,210 · management and general $69,164 · fundraising $71,100

  • 24e · All other expenses

    total $2,343,730 · program services $2,296,336 · management and general $47,394

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,235 · end of year $6,234

  • 2 · Savings and temporary cash investments

    beginning of year $34,668,907 · end of year $50,234,499

  • 3 · Pledges and grants receivable

    beginning of year $5,548,280 · end of year $5,218,989

  • 4 · Accounts receivable

    beginning of year $4,650,637 · end of year $3,903,489

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $4,822,640 · end of year $3,378,385

  • 8 · Inventories for sale or use

    beginning of year $120,672 · end of year $115,122

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $495,619,364

  • 10b · Land, buildings and equipment: accumulated depreciation

    $187,944,875

  • 10c · Land, buildings and equipment, net

    beginning of year $316,443,344 · end of year $307,674,489

  • 11 · Investments: publicly traded securities

    beginning of year $256,227,022 · end of year $271,293,316

  • 12 · Investments: other securities

    beginning of year $16,106 · end of year $16,106

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $12,900,738 · end of year $12,091,091

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,005,702 · end of year $10,493,458

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $6,201,065 · end of year $13,709,029

  • 20 · Tax-exempt bond liabilities

    beginning of year $67,147,752 · end of year $56,597,287

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $1,569,547 · end of year $1,280,403

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $71,292,583 · end of year $68,899,268

  • 27 · Net assets without donor restrictions

    beginning of year $265,749,296 · end of year $269,498,031

  • 28 · Net assets with donor restrictions

    beginning of year $212,438,636 · end of year $233,454,244

Mission and programs · 2023

Mission

TO GRADUATE STUDENTS WITH EXEMPLARY ACADEMIC AND PROFESSIONAL SKILLS WHO ARE PREPARED FOR PURPOSEFUL LIVES AND MEANINGFUL SERVICE. THE UNIVERSITY IS INFORMED AND INSPIRED BY ITS BAPTIST HERITAGE AND THREE BASIC THEOLOGICAL AND BIBLICAL PRESUPPOSITIONS: LEARNING IS APPOINTED AND CONSERVED BY GOD AS ESSENTIAL TO THE FULFILLMENT OF HUMAN DESTINY; IN CHRIST ALL THINGS CONSIST AND FIND ULTIMATE UNITY; AND THE KINGDOM OF GOD IN THE WORLD IS ROOTED AND GROUNDED IN CHRISTIAN COMMUNITY. THE UNIVERSITY EMBRACES THE CONVICTION THAT THERE IS NO CONFLICT BETWEEN THE LIFE OF FAITH AND THE LIFE OF INQUIRY.

Activities or mission (Part I)

SEE SCHEDULE O

  • STUDENT EDUCATION SERVICES INCLUDING EDUCATION ADMINISTRATION AND INSTITUTIONAL SUPPORT. THE UNIVERSITY SERVED A TOTAL ENROLLMENT OF 5,115 STUDENTS BASED ON FALL 2023 IPEDS REPORTING. THE UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES IN ARTS AND SCIENCES, LAW, DIVINITY, PHARMACY, CLINICAL RESEARCH, EDUCATION, BUSINESS, OSTEOPATHIC MEDICINE, PHYSICAL THERAPY, PHYSICIAN ASSISTANT PRACTICE AND PUBLIC HEALTH.

    Expenses $124,906,909 · Revenue $185,932,296

  • STUDENT AID TO QUALIFIED STUDENTS.

    Expenses $73,990,293 · Grants $73,990,293

  • AUXILIARY ENTERPRISES INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND OPERATION OF KEITH HILLS GOLF COURSE.

    Expenses $8,897,451 · Revenue $18,737,897

  • OTHER PROGRAM SERVICES

    Expenses $2,296,335 · Revenue $5,570,927

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • J BRADLEY CREED

    PRESIDENT

    Total calculated
    $600,269
    From this org
    $570,855
    From related orgs
    $0
    Other
    $29,414
    Hours/week
    65 + 1 related

    Schedule J breakdown matched by us

    Base
    $446,720
    Bonus
    $0
    Other
    $124,135
    Deferred
    $18,354
    Nontaxable benefits
    $11,060
    Filer's total
    $600,269

  • BRIAN KESSLER

    DEAN, CUSOM

    Total calculated
    $453,737
    From this org
    $441,946
    From related orgs
    $0
    Other
    $11,791
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $441,670
    Bonus
    $0
    Other
    $276
    Deferred
    $11,093
    Nontaxable benefits
    $698
    Filer's total
    $453,737

  • J RICH LEONARD

    DEAN, SCHOOL OF LAW

    Total calculated
    $341,250
    From this org
    $316,550
    From related orgs
    $0
    Other
    $24,700
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $311,263
    Bonus
    $0
    Other
    $5,287
    Deferred
    $13,040
    Nontaxable benefits
    $11,660
    Filer's total
    $341,250

  • JOHN ROBERSON

    EXECUTIVE VP, BOARD SECRETARY

    Total calculated
    $330,469
    From this org
    $307,203
    From related orgs
    $0
    Other
    $23,266
    Hours/week
    55 + 1 related

    Schedule J breakdown matched by us

    Base
    $303,957
    Bonus
    $0
    Other
    $3,246
    Deferred
    $11,403
    Nontaxable benefits
    $11,863
    Filer's total
    $330,469

  • JAMES POWERS

    ASSOC. DEAN CLINICAL INTEG.

    Total calculated
    $328,614
    From this org
    $305,186
    From related orgs
    $0
    Other
    $23,428
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $290,302
    Bonus
    $0
    Other
    $14,884
    Deferred
    $12,368
    Nontaxable benefits
    $11,060
    Filer's total
    $328,614

  • MICHAEL MINTER

    FOOTBALL HEAD COACH

    Total calculated
    $320,625
    From this org
    $308,965
    From related orgs
    $0
    Other
    $11,660
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $295,591
    Bonus
    $0
    Other
    $13,374
    Deferred
    $0
    Nontaxable benefits
    $11,660
    Filer's total
    $320,625

  • DAVID TOLENTINO

    ASSOC. DEAN CLINIC AFFAIRS

    Total calculated
    $305,998
    From this org
    $282,691
    From related orgs
    $0
    Other
    $23,307
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $282,511
    Bonus
    $0
    Other
    $180
    Deferred
    $11,747
    Nontaxable benefits
    $11,560
    Filer's total
    $305,998

  • DAVID MEE

    VP FOR ENROLLMENT MGT

    Total calculated
    $296,141
    From this org
    $273,161
    From related orgs
    $0
    Other
    $22,980
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $267,167
    Bonus
    $0
    Other
    $5,994
    Deferred
    $11,220
    Nontaxable benefits
    $11,760
    Filer's total
    $296,141

  • MICHAEL ADAMS

    VP FOR ACADEMIC AFFAIRS/PROVOS

    Total calculated
    $289,501
    From this org
    $266,580
    From related orgs
    $0
    Other
    $22,921
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $266,304
    Bonus
    $0
    Other
    $276
    Deferred
    $10,911
    Nontaxable benefits
    $12,010
    Filer's total
    $289,501

  • SANDRA CONNOLLY

    VP FOR BUSINESS & CFO

    Total calculated
    $286,381
    From this org
    $274,638
    From related orgs
    $0
    Other
    $11,743
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $269,725
    Bonus
    $0
    Other
    $4,913
    Deferred
    $10,795
    Nontaxable benefits
    $948
    Filer's total
    $286,381

  • MARK HAMMOND

    VP ACADEMIC AFFAIRS/PROVOST

    Total calculated
    $251,086
    From this org
    $230,169
    From related orgs
    $0
    Other
    $20,917
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $229,377
    Bonus
    $0
    Other
    $792
    Deferred
    $9,327
    Nontaxable benefits
    $11,590
    Filer's total
    $251,086

  • BRITT DAVIS

    VP INSTITUTIONAL ADVANCEMENT

    Total calculated
    $215,500
    From this org
    $194,900
    From related orgs
    $0
    Other
    $20,600
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $193,031
    Bonus
    $0
    Other
    $1,869
    Deferred
    $8,237
    Nontaxable benefits
    $12,363
    Filer's total
    $215,500

  • FAITHE BEAM

    VP SPIRITUAL LIFE & CAMPUS MIN

    Total calculated
    $189,556
    From this org
    $170,996
    From related orgs
    $0
    Other
    $18,560
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $170,480
    Bonus
    $0
    Other
    $516
    Deferred
    $6,800
    Nontaxable benefits
    $11,760
    Filer's total
    $189,556

  • SHERRI YERK-ZWICKL

    VP FOR INFO TECH. & CIO

    Total calculated
    $188,507
    From this org
    $169,766
    From related orgs
    $0
    Other
    $18,741
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $168,974
    Bonus
    $0
    Other
    $792
    Deferred
    $7,181
    Nontaxable benefits
    $11,560
    Filer's total
    $188,507

  • JULIE BYRD

    COMPTROLLER, BOARD TREASURER

    Total calculated
    $160,051
    From this org
    $143,230
    From related orgs
    $0
    Other
    $16,821
    Hours/week
    50 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $141,794
    Bonus
    $0
    Other
    $1,436
    Deferred
    $5,770
    Nontaxable benefits
    $11,051
    Filer's total
    $160,051

  • GENE LEWIS

    Chair

    Total calculated
    $0
    Hours/week
    15 + 1 related

  • MARY WILLIS

    Vice-Chair

    Total calculated
    $0
    Hours/week
    6 + 1 related

  • JAMES ADCOCK III

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JOANN ANDERSON

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JUAN AUSTIN

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • STEVE BRYAN

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • TRAVIS BURT

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • HENRY CAPPS

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • PAUL CLARK

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • ALLISON COBB

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • SUZANNE COOK

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • MELISSA DAVIES

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JAYNE DAVIS

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • LEAH DEVLIN

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • DONALD EVANS

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • GREGORY FLOYD

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH HALL JR

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH HUNT

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • GLENN INFINGER

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • THOMAS KEITH

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • D KIM JOHNSON

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • SUSAN LAWRENCE

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • HEATHER MASSENGILL

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • ANNA MCNEILL OLIVER

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • KAREN MCNEIL-MILLER

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JERRY MILTON

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • CHRISTOPHER NEAL

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JAMES PURVIS

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • JEFFREY ROBERTS

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • MEREDITH ROSE

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • HENRY SMITH

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • RANDELL STONEY JR

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • STUART SURLES

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • FREDERICK TAYLOR II

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • BEN THOMPSON

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • DAVID WHARTON

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • FRED WHITFIELD

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • ROBERT BARKER

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • GUILFORD BASS

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • ED BYRD

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • DAVID CLARK

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • HELEN CURRIN

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • DEXTER FLOYD

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • THOMAS KEITH

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • BERNARD MCLEOD JR

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • JIM EVAN PERRY

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • ROBERT RANSDELL

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • WILLARD SMALL

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • FRED TAYLOR SR

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1

  • ROBERT WHITEMAN

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • LUBY WOOD

    Lifetime Trustee

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 1A:
ANY SPOUSAL TRAVEL FOR DR. CREED IS ADDED TO HIS INCOME. UNIVERSITY LEASES THE HOME OF THE CHANCELLOR OF THE UNIVERSITY, DR. JERRY M. WALLACE, AND REIMBURSES HIM FOR SOME EXPENSES OF THE HOME. ADDITIONAL SERVICES INCLUDING CLEANING AND LAWN MAINTENANCE ARE PROVIDED BY THE UNIVERSITY. FORM 1099-MISC IS ISSUED TO DR. WALLACE ANNUALLY REPORTING RENTAL INCOME. PRESIDENT CREED LIVES IN A UNIVERSITY-OWNED RESIDENCE CONTIGUOUS TO THE CAMPUS. PERSONAL SERVICES RELATED TO THE HOME ARE PROVIDED BY THE UNIVERSITY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
3 April 2025
IRS schema version
2023v6.0
Source object
202500979349300115

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