2023-11-14T12:41:53-06:00 2023-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2022-07-01 620476661 TENNESSEE WESLEYAN UNIVERSITY TENN 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 GAIL HARRIS V.P. FOR FINANCIAL AFFAIRS 4237465208 2023-11-14 1 GAIL HARRIS 999009999 0 ADAM OSBORNE P01215413 4237567771 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GAIL HARRIS 204 EAST COLLEGE STREET ATHENS TN 37303 36772295 0 X WWW.TNWESLEYAN.EDU X 1857 TN FOUR-YEAR LIBERAL ARTS COLLEGE 22 21 456 0 0 0 7679718 8155843 28227873 27743589 272698 289525 354250 583338 36534539 36772295 12055024 11821819 0 0 11453657 11102762 0 0 389105 12923770 10988183 36432451 33912764 102088 2859531 44814456 49178861 26300166 26947072 18514290 22231789 X TENNESSEE WESLEYAN UNIVERSITY SEEKS WITHIN THE FRAMEWORK OF THE JUDEO-CHRISTIAN TRADITION TO PROVIDE FOR STUDENTS THE HIGHEST QUALITY EDUCATIONAL EXPERIENCE; TO PROMOTE PERSONAL RESPONSIBILITY, INTEGRITY, AND PURPOSE; AND TO PREPARE STUDENTS FOR A LIFE OF LEADERSHIP AND SERVICE IN AN EVER-CHANGING GLOBAL COMMUNITY. 0 0 20832869 11821819 28326927 INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS. 660145 ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES. 6519887 STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES. 28012901 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 154 0 1 456 1 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X GAIL HARRIS 4237465208 204 EAST COLLEGE STREET ATHENS TN 37303 HONORABLE JERRI S BRYANT CHANCELLOR 1.00 X 0 0 0 SUSAN BUTTRAM BOARD MEMBER 1.00 X 0 0 0 ALLEN F CARTER BOARD MEMBER 1.00 X 0 0 0 ALAN GUY BOARD MEMBER 1.00 X 0 0 0 JEFFREY L CUNNINGHAM BOARD MEMBER 1.00 X 0 0 0 MARILYN MILLER BOARD MEMBER 1.00 X 0 0 0 RANDY MULLINS BOARD MEMBER 1.00 X 0 0 0 WILLIAM P WEBB BOARD MEMBER 1.00 X 0 0 0 KEN WEBB BOARD MEMBER 1.00 X 0 0 0 MARK WHITE BOARD MEMBER 1.00 X 0 0 0 JIM WINER BOARD MEMBER 1.00 X 0 0 0 MINTIE WILLSON BOARD MEMBER 1.00 X 0 0 0 DEBI WELCH BOARD REPRESENTATIVE 1.00 X 0 0 0 DR AUGUSTIN BOCCO BOARD REPRESENTATIVE 1.00 X 0 0 0 HADEN BLAIR BOARD REPRESENTATIVE 1.00 X 0 0 0 KAREN RABY BOARD REPRESENTATIVE 1.00 X 0 0 0 REV HUGH ELI KILGORE DISTRICT SUPERINTENDENT 1.00 X 0 0 0 REV DR DEBRA WALLACE-PADGETT RESIDENT BISHOP 1.00 X 0 0 0 REV DR VANT HARDAWAY HONORARY TRUSTEE 1.00 X 0 0 0 MR HUGH QUEENER BOARD MEMBER 1.00 X 0 0 0 MR CHARLES PECCOLO BOARD MEMBER 1.00 X 0 0 0 MR RICK LAY BOARD MEMBER 1.00 X 0 0 0 MR WILLIAM KILBRIDE BOARD MEMBER 1.00 X 0 0 0 THE HONORABLE CARL E COLLOMS BOARD MEMBER 1.00 X 0 0 0 DR STEPHEN BYRUM BOARD MEMBER 1.00 X 0 0 0 REV CHRISTOPHER BLACK BOARD MEMBER 1.00 X 0 0 0 MR KEITH ALTSHULER BOARD MEMBER 1.00 X 0 0 0 ROBERT GOODFRIEND CHAIR 1.00 X 0 0 0 STEPHEN BRUMIT BOARD MEMBER 1.00 X 0 0 0 H PAUL GAFFNEY BOARD MEMBER 1.00 X 0 0 0 REV DENNIE HUMPHREYS BOARD MEMBER 1.00 X 0 0 0 JOHNNY HOLDEN BOARD MEMBER 1.00 X 0 0 0 LYNN BANNER NICHOLS BOARD MEMBER 1.00 X 0 0 0 LOREN PLEMMONS BOARD MEMBER 1.00 X 0 0 0 DR REGINA L MAYFIELD BOARD MEMBER 1.00 X 0 0 0 REV DR STELLA ROBERTS BOARD MEMBER 1.00 X 0 0 0 RUFUS TRIPLETT BOARD MEMBER 1.00 X 0 0 0 MATTHEW PINSON BOARD MEMBER 1.00 X 0 0 0 JOHN G REID BOARD MEMBER 1.00 X 0 0 0 BEVIN HARRILL BOARD MEMBER 1.00 X 0 0 0 REV SANDRA JOHNSON BOARD MEMBER 1.00 X 0 0 0 DR CLAIRE W TUCKER BOARD MEMBER 1.00 X 0 0 0 TYLER S FORREST PRESIDENT 40.00 X 278530 0 5490 DG WILLHITE VPAA 40.00 X 123999 0 11541 MARTHA G HARRIS VP OF FINANCE 40.00 X 112276 0 11033 SCOTT A MASHBURN VP OF STUDENT LIFE 40.00 X 113712 0 10695 MARTHA E MADDOX ASSOCIATE DEAN GSB 40.00 X 134902 0 9535 LISA D VESSER ASSOCIATE DEAN ALLIED HEAL 40.00 X 97105 0 10012 STEPHANIE W SMALLEN VP FOR INSTITUTIONAL EFFEC 40.00 X 91642 0 10058 STACY J SWAFFORD ASSOCATE PROFESSOR OF BUSI 40.00 X 112542 0 3115 ANNE M MONTGOMERY ASSOCIATE PROFESSOR BUSINESS ADMINSTRATION 40.00 X 102522 0 8467 STEDMON D HOPKINS ASSISTANT PROFESSOR OF OCCUPATIONAL THERAPY 40.00 X 100107 0 10157 DONNY MAYFIELD VPFA 1.00 X 0 0 0 BLAKE MCCASLIN VICE PRESIDENT FOR ADVANCEMENT 1.00 X 0 0 0 GAIL ROGERS EXECUTIVE TO THE PRESIDENT 1.00 X 0 0 0 1267337 0 90103 8 0 1 0 ARAMARK CORP 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 1528076 SIMMONS BANK PO BOX 709 PINE BLUFF AR 71611 LOANS 1170985 BLUECROSS BLUESHIELD OF TN 1 CAMERON CIRCLE CHATTANOOGA TN 37402 INSURANCE 859211 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LA GRANGE GA 30241 MAINTENANCE 790372 ATHENS UTILITY BOARD 100 NEW ENGLEWOOD RD ATHENS TN 37303 UTILITIES 657063 5 5892731 2263112 8155843 TUITION 611310 24487737 24487737 FOOD SERVICE 722210 1968074 1968074 RESIDENCE HALL 721310 1173486 1173486 CAMPS AND CONFERENCES 900099 113943 113943 BOOKSTORE 459210 349 349 27743589 289525 289525 FORT SANDERS NURSING SUPPLEMENT 611600 360750 360750 ALL OTHER REVENUE 611600 222588 222588 583338 36772295 28326927 0 289525 11821819 11821819 9121020 7144630 1732650 243740 297179 229603 59736 7840 832633 571810 232643 28180 851930 672594 141563 37773 11683 11683 89172 89172 208623 208623 461333 348139 107470 5724 835534 835534 1780059 1525644 254415 CONTRACTED SERVICES 2716155 2009182 698374 8599 UTILITIES 731412 661253 70159 FACILITY FEES 525672 525672 MAINTENANCE AND REPAIRS 444093 400714 43379 3184447 2101841 1037040 45566 33912764 28012901 5510758 389105 1305 1305 1977495 3099019 530673 709682 653853 2163725 3490 4800 8024 8842 157769 176170 49078162 23227712 26168069 25850450 15313778 15866558 0 1298310 44814456 49178861 1276516 675422 868506 721942 23657417 23754335 497727 1795373 26300166 26947072 X 677676 3077632 17836614 19154157 18514290 22231789 44814456 49178861 X 2859531 783734 74234 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 13972839 202299 149582 14324720 12514831 1646053 -188045 13972839 12223906 199743 91182 12514831 12089465 114368 20073 12223906 11921389 71402 96674 12089465 0 0 1605914 1605914 32336939 12305127 20031812 2841545 1860298 981247 10663458 7591828 3071630 1630306 1470459 159847 25850450 AGENCY FUNDS 497063 LEASE LIABILITY 1298310 1795373 X 25734210 783734 783734 24950476 11821819 11821819 36772295 22090945 0 22090945 11821819 11821819 33912764 PART X, LINE 2: UNCERTAIN TAX POSITIONS THE UNIVERSITY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. BASED ON ITS EVALUATION, THE UNIVERSITY HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE UNIVERSITY'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023, FOR U.S. FEDERAL INCOME TAX. THESE ARE THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF THE YEAR ENDED JUNE 30, 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS A DISCOUNT TO REVENUE PART VI, LINE 1E OTHER ASSETS CONSIST OF VEHICLES, LIBRARY BOOKS, AND WORK IN PROGRESS. 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 DOES NOT DESCRIMINATE BASED ON ANY FORM IN ACCORDANCE WITH TITLE IX AS DESCRIBED IN ITS STUDENT HANDBOOK AND RESOLUTIONS PREVIOUSLY PASSED. SCHEDULE E, PART I, LINE 6 THE COLLEGE IS APPROVED TO PROVIDE STUDENT ASSISTANCE WITH THE FEDERAL TITLE 4 STUDENT FINANCIAL AID PROGRAMS. 1 FINANCIAL-AID SCHOLARSHIP 831 11821819 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 TYLER S FORREST PRESIDENT 278530 0 0 0 0 0 0 0 0 0 278530 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FEDERAL FORM 990 IS PRESENTED TO THE VICE PRESIDENT FOR FINANCIAL AFFAIRS WHO REVIEWS TO MAKE SURE NUMBERS ARE CORRECTLY REPORTED. VP FOR FINANCIAL AFFAIRS THEN PRESENTS 990 TO THE FINANCE COMMITTEE FOR REVIEW. THEY WILL THEN VOTE FOR APPROVAL. ONCE APPROVED THE 990 IS PRESENTED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW. FINAL APPROVAL IS MADE BY THE BOARD BEFORE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE ALSO UTILIZED IN ORDER TO PROVIDE COMPARATIVE DATA FOR REVIEW PRIOR TO APPROVAL. OFFICERS SALARIES ARE SUGGESTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO HIRE DATE. ONCE HIRED SALARIES ARE ADJUSTED BASED UPON PERFORMANCE AND RECOMMENDATIONS OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE ONLY AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUSTS HELD BY THIRD PARTY 74,234. 990 PART XII PAGE 12 LINE 2D THE OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE FINANCIAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.