2023-11-07T15:00:48-06:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 1117 BOLL WEEVIL CIRCLE ENTERPRISE AL 36330 990 2022-07-01 237034324 AMRIDGE UNIVERSITY INC AMRI 3343873877 1200 TAYLOR ROAD MONTGOMERY AL 36117 MICHAEL C TURNER PRESIDENT 3343873877 2023-11-01 1 MICHAEL TURNER 999009999 0 ASHLEY H STAFFORD P00248001 3343470088 2023-10-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL C TURNER 1200 TAYLOR ROAD MONTGOMERY AL 36117 9355470 0 X WWW.AMRIDGEUNIVERSITY.EDU X 1968 AL AMRIDGE UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION DEDICATED TO THE SPIRIT OF ITS CHRISTIAN IDEALS AND HERITAGE. AMRIDGE UNIVERSITY'S MISSION IS TO PREPARE MEN AND WOMEN, THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY AT THE UNDERGRADUATE AND GRADUATE LEVELS, FOR A LIFETIME OF LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, CHURCH AND FAMILY. 8 7 78 0 0 0 106194 105246 8062228 7682821 60707 12948 0 1548736 8229129 9349751 816078 783352 0 0 5061338 5558046 0 0 0 2194976 2492420 8072392 8833818 156737 515933 15939891 16559959 948846 1052981 14991045 15506978 TO PREPARE MEN AND WOMEN, THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY AT THE UNDERGRADUATE AND GRADUATE LEVELS, FOR A LIFETIME OF LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, CHURCH AND FAMILY. 0 0 5486639 783352 9244505 AMRIDGE UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,000 STUDENTS DURING THE YEAR. 5486639 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 5 0 1 78 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 X MICHAEL C TURNER 3343873877 1200 TAYLOR ROAD MONTGOMERY AL 36117 JIMMIE BENSON BOARD MEMBER 1.00 X 0 0 0 LAINA COSTANZA BOARD MEMBER 36.00 X 151052 0 12000 DAVID LANGHANS BOARD MEMBER 1.00 X 0 0 0 JESSE RUSSELL SECRETARY 1.00 X 0 0 0 DONNIE G TURNER BOARD MEMBER 1.00 X 0 0 0 MICHAEL C TURNER EX-OFFICIO MEMBER 36.00 X 330441 0 101388 DON PATE CHAIRMAN 1.00 X 0 0 0 RAYMOND ELLIOTT VICE-CHAIRMAN 1.00 X 0 0 0 JASON WRIGHT BOARD MEMBER 1.00 X 0 0 0 BARBARA TURNER BURSAR 36.00 X 225791 0 6000 LEE TAYLOR VICE PRESIDENT OF ACADEMIC 36.00 X 129817 0 12000 ANITA CROSBY CONTROLLER 36.00 X 144012 0 12000 JACK S TEMPLE SYSTEM ADMINISTRATOR FOR N 36.00 X 124984 0 18000 KENYETTA MCCURTY CHAIR OF THE COLLEGE OF BU 36.00 X 107250 0 6000 1213347 0 167388 7 0 1 0 0 24150 81096 105246 TUITION AND FEES 611310 7692781 7692781 CHANGE IN LIFE INTERES 900088 -9960 -9960 7682821 18667 18667 5719 -5719 -5719 -5719 OTHER REVENUE 900099 1548736 1548736 1548736 9349751 9244505 0 0 783352 783352 767286 767286 3998767 3412396 586371 465358 384409 80949 326635 245446 81189 4150 4150 39354 279 39075 1012424 1012424 52291 5158 47133 194031 69123 124908 182419 81331 101088 13390 5097 8293 186465 106285 80180 70093 70093 ONLINE COURSE DELIVERY 207461 207461 OPERATION AND MAINTENAN 147761 84223 63538 MISCELLANEOUS 110532 110532 CONTRACT FEES 93650 93650 178399 102079 76320 8833818 5486639 3347179 0 3546921 2712025 22913 22959 199425 241107 119013 144701 14599094 3089556 11661011 11509538 196320 190555 194288 1739074 15939891 16559959 117370 151214 831476 901767 948846 1052981 X 14495619 15021466 495426 485512 14991045 15506978 15939891 16559959 515933 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 495426 -9914 485512 511149 -15723 495426 515894 -4745 511149 709048 26932 202854 17232 515894 927423 -3588 197346 17441 709048 0.36016 0.63984 0 0 10316963 10316963 1065662 1065662 3216469 3089556 126913 11509538 CASH SURRENDER VALUE OF LIFE INSURANCE 217293 OTHER RECEIVABLES 1521781 1739074 8566399 0 8566399 783352 783352 9349751 8050466 0 8050466 783352 783352 8833818 PART III, LINE 4: LIFESIZE STATUES OF THE FOUNDERS OF THE UNIVERSITY ARE BEING HELD FOR PUBLIC EXHIBITION. PART V, LINE 4: TERM ENDOWMENTS CONSIST OF A LIFE INTEREST AGREEMENT IN ONE RESIDENCE. PERMANENT ENDOWMENTS REPRESENT THE ACCUMULATED PRINCIPAL OF ENDOWMENT GIFTS, WHICH ARE TO BE INVESTED IN PERPETUITY, THE INCOME AND GAINS FROM WHICH ARE EXPENDABLE TO SUPPORT THE UNIVERSITY'S OPERATIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION AND FEES PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND OTHER ASSISTANCE 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 DISCLOSES ITS NONDISCRIMINATION POLICY IN THE ACADEMIC CATALOG AVAILABLE IN PRINT OR ONLINE. SCHEDULE E, PART I, LINE 6 THE MAJORITY OF THE UNIVERSITY'S FEDERAL GRANTS ARE PELL GRANTS AND FEDERAL DIRECT LOANS (SUBSIDIZED AND UNSUBSIDIZED LOANS); HOWEVER, IT ALSO RECEIVES SEOG GRANTS. THE GOVERNMENT AID IS FOR THE UNIVERSITY'S STUDENTS AND UNIVERSITY RECEIVES THE FUNDS BASED UPON STUDENTS' ELIGIBILITY. 1 EDUCATIONAL ASSISTANCE TO VARIOUS STUDENTS 767837 15515 WAIVERS OF TUITION PART I, LINE 2: THE UNIVERSITY COMPLIES WITH ALL CONTRACTUAL AND FEDERAL REQUIREMENTS WHEN DETERMINING ELIGIBILITY OF SCHOLARSHIP RECIPIENTS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 MICHAEL C TURNER EX-OFFICIO MEMBER 330441 0 0 0 0 0 0 0 101388 0 431829 0 0 0 BARBARA TURNER BURSAR 225791 0 0 0 0 0 0 0 6000 0 231791 0 0 0 LAINA COSTANZA BOARD MEMBER 151052 0 0 0 0 0 0 0 12000 0 163052 0 0 0 ANITA CROSBY CONTROLLER 144012 0 0 0 0 0 0 0 12000 0 156012 0 0 0 PART I, LINE 1A PROVIDED HOUSING TO MICHAEL TURNER (PRESIDENT). LAINA COSTANZA OWNS BLUE GROUP ADVERTISING WHICH PROVIDES SERVICES TO THE UNIVERSITY 153682 BLUE GROUP PROVIDES SERVICES FOR WHICH IT EARNS COMMISSIONS FROM ADVERTISERS. THE AMOUNT OF THIS TRANSACTION IN THE CURRENT YEAR IS ESTIMATED TO BE $153,682. 0 FORM 990, PART VI, SECTION A, LINE 2 ONE OF THE BOARD OFFICERS IS THE SISTER OF THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B BOARD OFFICERS REVIEW FORM 990 BY COMPARING THE AMOUNTS REPORTED ON THE RETURN TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE OF THE BOARD DETERMINES THE PRESIDENT'S SALARY AFTER REVIEWING COMPARABLE SALARIES. THE PRESIDENT, IN COORDINATION WITH THE BUSINESS OFFICE, DETERMINES SALARIES BASED UPON COMPARABLE SALARIES, BUDGET AND PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AMRIDGE UNIVERSITY PRESS INC 1200 TAYLOR ROAD MONTGOMERY AL 36117 270159539 TO SUPPORT AMRIDGE UNIVERSITY'S EDUCATIONAL PROCESS AL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0