2024-04-15T15:32:59-05:00 2023-05-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2022-06-01 741161940 UNIVERSITY OF MARY HARDIN-BAYLOR UNIV 2542958642 900 COLLEGE ST BELTON TX 76513 JENNIFER RAMM VP FOR BUSINESS & FINANCE 2542958642 2024-04-15 1 JENNIFER RAMM 999009999 1 JACLYN DENISE DECKER CPA P00495917 3256724000 2024-04-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RANDAL O'REAR 900 COLLEGE ST BELTON TX 76513 134870735 0 X WWW.UMHB.EDU X 1845 TX THE UNIVERSITY OF MARY HARDIN-BAYLOR PREPARES STUDENTS FOR LEADERSHIP, SERVICE, AND FAITH-INFORMED DISCERNMENT IN A GLOBAL SOCIETY. ACADEMIC EXCELLENCE, PERSONAL ATTENTION, BROAD-BASED SCHOLARSHIP AND A COMMITMENT TO A BAPTIST VISION FOR EDUCATION DISTINGUISH OUR CHRIST-CENTERED LEARNING COMMUNITY. 30 30 1654 55 2262 1262 19880150 6468733 119403715 119074277 6207579 7102584 3017 2262 145494461 132647856 34600259 30676145 0 0 50412407 49524077 0 0 2643858 38608015 41105885 123620681 121306107 21873780 11341749 397676461 389536605 64524505 51078928 333151956 338457677 X THE UNIVERSITY OF MARY HARDIN-BAYLOR PREPARES STUDENTS FOR LEADERSHIP, SERVICE, AND FAITH-INFORMED DISCRENMENT IN A GLOBAL SOCIETY. ACADEMIC EXCELLENCE, PERSONAL ATTENTION, BROAD-BASED SCHOLARSHIP AND A COMMITMENT TO A BAPTIST VISION FOR EDUCATION DISTINGUISH OUR CHRIST-CENTERED LEARNING COMMUNITY. 0 0 111864463 30676145 119074277 THE UNIVERSITY OF MARY HARDIN-BAYLOR PROVIDES AN EXCELLENT, CHRIST-CENTERED EDUCATION FOR NEARLY 3,600 STUDENTS ANNUALLY. THE UNIVERSITY ENHANCES ITS HIGH-QUALITY CURRICULUM WITH STUDENT SERVICES AND CAMPUS ACTIVITIES THAT SUPPORT STUDENTS' ACADEMIC AND SPIRITUAL GROWTH. AUXILIARY SERVICES SUCH AS CAMPUS HOUSING AND MEAL PLANS ARE DESIGNED TO MEET THE NEEDS AND TASTES OF TODAY'S STUDENTS; WHEN COMBINED WITH OUTSTANDING ACADEMIC AND ATHLETIC FACILITIES, THEY FORM A WORLD-CLASS COLLEGE ENVIRONMENT THAT CONTRIBUTES TO STUDENT SUCCESS. 111864463 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 1 114 0 1 1654 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JENNIFER RAMM 2542955527 900 COLLEGE ST BOX 8003 BELTON TX 76513 ALAN BARCLAY TRUSTEE 1.00 X 0 0 0 ANDY DAVIS TRUSTEE 1.00 X 0 0 0 BETTY BURNS TRUSTEE 1.00 X 0 0 0 CARL HUDSON TRUSTEE 1.00 X 0 0 0 CINDY ROBERTS VICE CHAIR 1.00 X 0 0 0 DAN TOSTROUD TRUSTEE 1.00 X 0 0 0 DEAN WINKLER TRUSTEE 1.00 X 0 0 0 DON AL RINGLER TRUSTEE 1.00 X 0 0 0 DR MARTIN KNOX TRUSTEE 1.00 X 0 0 0 DR STEVE WALKER TRUSTEE 1.00 X 0 0 0 DRAYTON MCLANE III TRUSTEE 1.00 X 0 0 0 GLENN HODGE BUSINESS AND FINANCE COMMITTEE CHAIR 1.00 X 0 0 0 INGRID DEPINTO TRUSTEE 1.00 X 0 0 0 JACK PHELPS SECRETARY 1.00 X 0 0 0 JANE POTTER TRUSTEE 1.00 X 0 0 0 JANNA SLECHTA TRUSTEE 1.00 X 0 0 0 JASON WILCOX TRUSTEE 1.00 X 0 0 0 JENNIFER MANNING CHAIR 1.00 X 0 0 0 JOE LOUGHLIN TRUSTEE 1.00 X 0 0 0 JOHN MESSER TRUSTEE 1.00 X 0 0 0 JOHNNIE PECHAL TRUSTEE 1.00 X 0 0 0 NELDA SANDERS TRUSTEE 1.00 X 0 0 0 PAM MANLY TRUSTEE 1.00 X 0 0 0 PERRY FULCHER TRUSTEE 1.00 X 0 0 0 RYAN LINDSEY TRUSTEE 1.00 X 0 0 0 TAMARA CROSS TRUSTEE 1.00 X 0 0 0 TED BARTLEY TRUSTEE 1.00 X 0 0 0 TERRI COVINGTON TRUSTEE 1.00 X 0 0 0 VINCE J BANKS TRUSTEE 1.00 X 0 0 0 WILLIE ROBERTSON TRUSTEE 1.00 X 0 0 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 40.00 X 268973 0 35621 JOHN VASSAR PROVOST & SR VP FOR ACADEM 40.00 X 313366 0 62552 RANDAL O'REAR PRESIDENT 40.00 X 596268 0 149311 STEVE THEODORE COO & SR VP FOR ADMIN 40.00 X 313403 0 44266 CLIFFA FOSTER DEAN - SCHOOL OF EXERCISE 40.00 X 203991 0 32940 COLIN WILBORN DEAN - EXECUTIVE DEAN 40.00 X 242558 0 36728 REBECCA O'BANION VP FOR ADVANCEMENT 40.00 X 202178 0 27264 SUSAN OWENS VP OF HUMAN RESOURCES 40.00 X 200637 0 32993 BRANDON SKAGGS VP FOR STUDENT LIFE 40.00 X 186042 0 29357 2527416 0 451032 71 0 1 0 BAIRDWILLIAMS CONSTRUCTION LTD PO BOX 917 TEMPLE TX 765030917 CONSTRUCTION 5287717 SODEXO SERVICES OF TEXAS LLP PO BOX 352 BUFFALO NY 142400352 FOOD SERVICE 3064676 EAB GLOBAL 2445 M STREET NW WASHINGTON DC 20037 RECRUITING 2023633 SSC SERVICE SOLUTIONS 1845 MIDPARK RD SUITE 201 KNOXVILLE TN 37921 HOUSEKEEPING 1745118 2TP SERVICES 3809 S GENERAL BRUCE DRIVE SUITE TEMPLE TX 76502 MAINT/CONSTRUCTION 850967 55 607304 5861429 336919 6468733 TUITION AND FEES 611710 99934375 99934375 AUXILIARY ENTERPRISES 611710 16154869 16154869 STUDENT RELATED CHARGES 611710 2985033 2985033 119074277 7031492 7031492 2293971 2222879 71092 71092 71092 SPONSORSHIP UBIT REVENUE 900099 2262 2262 2262 132647856 119074277 2262 7102584 30392988 30392988 283157 283157 2804081 1045530 1219427 539124 36978677 33240414 2684615 1053648 2204920 1993124 148929 62867 4814516 4172115 358133 284268 2721883 2387859 227571 106453 116832 7936 108896 59950 59950 4237171 4233864 2357 950 304765 205829 33551 65385 4177247 3737383 196339 243525 2973481 2937777 35704 2438107 2375809 28306 33992 399714 372137 26038 1539 1709968 1709968 11560042 11560042 1560000 1560000 SERVICES 5956422 4713784 1111466 131172 OTHER EXPENSES 4566326 3888887 556504 120935 BOOKSTORE PURCHASES 1045860 1045860 121306107 111864463 6797786 2643858 11892721 4102991 18926238 19885985 3584312 3974024 1045176 1325007 1861733 1790916 396805 421150 478247 1082386 331499682 147230705 186416265 184268977 172941520 171902674 133444 782495 397676461 389536605 8557888 7794162 2948741 5212994 41492828 27930790 11525048 10140982 64524505 51078928 X 215479237 222231177 117672719 116226500 333151956 338457677 397676461 389536605 X 11341749 -7079364 1043336 X 0 1 X 1 1 1 X 10445585 6088552 9103817 14874860 6470995 46983809 10445585 6088552 9103817 14874860 6470995 46983809 1093740 45890069 5228034 5347526 5523070 5849409 7031492 28979531 6042 5970 776 776 2262 15826 75979166 582471954 0.60400 0.62400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116690283 1465397 -540305 4888902 112726473 117597212 2876670 349772 4133371 116690283 92798617 1871599 27098828 4171832 117597212 92179814 2288034 2391273 4060504 92798617 88196796 6668894 836247 3522132 92179814 0.09000 0.57000 0.34000 0 0 7559329 7559329 246141955 90665800 155476155 48812187 41152809 7659378 28986211 15412096 13574115 184268977 OTHER S/T INVESTMENTS 230756 F CORPORATE STOCKS & BONDS 933394 F MUTUAL FUNDS 1662889 F UNIT INVESTMENT TRUSTS 388124 F REAL EST & MINERAL INTS 1666246 F GOVERNMENT BONDS 139750 F MUNICIPAL OBLIGATIONS 75057 F INVESTMENTS CARRIED AT NAV 166806458 F 171902674 ACCRUED POST RETIREMENT BENEFITS 9322467 ANNUITIES PAYABLE 711399 STUDENT LOANS REFUNDABLE 107116 10140982 X 94922530 -7079364 -30645962 -37725326 132647856 0 132647856 90457866 -172096 -172096 90629962 30676145 30676145 121306107 PART X, LINE 2: UNIVERSITY OF MARY HARDIN-BAYLOR IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNIVERSITY OF MARY HARDIN-BAYLOR HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE TAX REFORM ACT OF 1969 AND CONTRIBUTIONS TO IT QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS; ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS LIABLE FOR ANY FEDERAL INCOME TAXES RESULTING FROM CERTAIN UNRELATED BUSINESS INCOME. FOR FISCAL YEARS 2023 AND 2022, THERE WAS NO LIABILITY FOR ANY FEDERAL INCOME TAX RESULTING FROM UNRELATED BUSINESS INCOME. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED ON AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN TAX EXPENSE. DURING THE YEARS ENDED MAY 31, 2023 AND 2022, THE UNIVERSITY RECOGNIZED NO INTEREST AND PENALTIES. BASED ON MANAGEMENT'S ANALYSIS, THE UNIVERSITY DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023 AND 2022. THE UNIVERSITY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THERE ARE CURRENTLY NO INCOME TAX EXAMINATIONS UNDERWAY FOR THIS JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SCHOLARSHIPS / DISCOUNTS -30,676,145. UMHB FOUNDATION CONSOLIDATION 31,703. PRESENT VALUE ADJUSTMENT TO ANNUITIES -1,520. PART XII, LINE 2D - OTHER ADJUSTMENTS: UMHB FOUNDATION CONSOLIDATION -172,096. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF SCHOLARSHIPS / DISCOUNTS 30,676,145. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UMHB PUBLISHES ITS NONDISCRIMINATION POLICY ON ITS WEBSITE, CATALOG, STUDENT HANDBOOK AND APPLICATION FOR ADMISSION. DURING THE REGISTRATION PERIOD, IT IS ALSO PUBLISHED IN LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 6 UMHB RECEIVES SCHOLARSHIP GRANTS FROM FEDERAL AGENCIES AND THE STATE OF TEXAS TO ASSIST STUDENTS WITH THEIR COSTS OF EDUCATION. UMHB PARTICIPATES IN THE DIRECT LOAN PROGRAM WHICH PROVIDES STUDENTS FEDERAL SUBSIDIZED LOANS TO ASSIST WITH THEIR EDUCATION COSTS. 1 0 0 0 0 0 0 0 0 0 FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 9 54063 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 48 88975 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 4 23500 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 13250 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 2 9100 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 5 60824 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 25945 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 7500 APPLY AGAINST STUDENT ACCOUNT CHARGES 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS TO VARIOUS STUDENTS 3410 30392988 PART I, LINE 2: FOR ALL SCHOLARSHIP FUNDS, FINANCIAL AID HAS ESTABLISHED SPECIFIC CRITERIA FOR ELIGIBILITY AND SELECTION. THE ELIGIBILITY REQUIREMENTS ARE DOCUMENTED AND MONITORED FOR COMPLIANCE. SCHOLARSHIPS ARE CREDITED TO STUDENT TUITION BILLS. X X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RANDAL O'REAR PRESIDENT 443054 0 142729 0 10485 0 60625 0 88686 0 745579 0 0 0 JOHN VASSAR PROVOST & SR VP FOR ACADEM 228551 0 57329 0 27486 0 23104 0 39448 0 375918 0 0 0 STEVE THEODORE COO & SR VP FOR ADMIN 241528 0 71875 0 0 0 25000 0 19266 0 357669 0 0 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 213048 0 55925 0 0 0 21625 0 13996 0 304594 0 0 0 COLIN WILBORN DEAN - EXECUTIVE DEAN 170184 0 24950 0 47424 0 16118 0 20610 0 279286 0 0 0 CLIFFA FOSTER DEAN - SCHOOL OF EXERCISE 146904 0 3501 0 53586 0 20158 0 12782 0 236931 0 0 0 SUSAN OWENS VP OF HUMAN RESOURCES 162742 0 36695 0 1200 0 16813 0 16180 0 233630 0 0 0 REBECCA O'BANION VP FOR ADVANCEMENT 178736 0 21822 0 1620 0 14482 0 12782 0 229442 0 0 0 BRANDON SKAGGS VP FOR STUDENT LIFE 148812 0 31530 0 5700 0 15625 0 13732 0 215399 0 0 0 PART I, LINE 1A THE PRESIDENT IS REQUIRED TO LIVE IN ON-CAMPUS HOUSING. THE VALUE OF EMPLOYER-PROVIDED HOME IS INCLUDED IN SCHEDULE J, PART II, COLUMN D - NON-TAXABLE BENEFITS. PART I, LINE 7 FROM TIME TO TIME, THE UNIVERSITY PROVIDES DISCRETIONARY FLEXIBLE COMPENSATION TO ADMINISTRATORS, FACULTY AND STAFF. ANY DISCRETIONARY COMPENSATION IS EVALUATED AND APPROVED BY INDEPENDENT PARTIES. 31049 DISCOUNTED TUITION EDUCATIONAL ASSISTANCE DEAN WINKLER TRUSTEE 453193 CONSTRUCTION/REMODEL SERVICES 0 SCHEDULE L, PART III SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONSDISCOUNTED TUITION WAS AWARDED TO ONE OFFICER'S RELATIVEACCORDING TO TUITION REMISSION BENEFITS OFFERED TO ALL FULL-TIMEFACULTY AND STAFF. X 10 200284 QUOTED PRICES X VARIOUS 3 130875 APPRAISAL X VARIOUS 2 5760 ESTIMATED VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE UMHB BOARD OF TRUSTEES IS COMPRISED OF 30 MEMBERS. 14 MEMBERS ARE ELECTED BY THE UMHB BOARD OF TRUSTEES AND 16 MEMBERS ARE ELECTED BY THE BAPTIST GENERAL CONVENTION OF TEXAS. TRUSTEES ELECTED BY THE BGCT ARE NOMINATED AND ELECTED IN ACCORDANCE WITH BGCT'S BYLAWS AT ITS FALL CONVENTION EACH YEAR. ELECTED TRUSTEES ASSUME THEIR OFFICE ON THE FOLLOWING JANUARY AND SERVE FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION AND SUPPORTING SCHEDULES FOR THE TAX RETURN ARE PREPARED BY THE UNIVERSITY'S STAFF. THE UNIVERSITY'S CPA FIRM CONSOLIDATES THE DATA AND PREPARES THE TAX RETURN. IT IS THEN REVIEWED BY THE UNIVERSITY'S VP FOR BUSINESS AND FINANCE. PRIOR TO FILING, FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE AND AUDIT SUB-COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REQUIRED FOR ALL TRUSTEES, UNIVERSITY OFFICERS AND KEY EMPLOYEES. ALL DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD CHAIR AND ADMINISTRATION. ALL POTENTIAL CONFLICTS OF INTEREST ARE RAISED BY OFFICERS, TRUSTEES AND KEY EMPLOYEES IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. DEPENDING ON THE POTENTIAL CONFLICT, RESTRICTIONS ARE ENFORCED TO ELIMINATE OR MITIGATE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS REVIEWED, APPROVED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. THE EXECUTIVE COMMITTEE UTILIZES COMPARABILITY DATA IN ITS REVIEW. THE COMPENSATION OF ALL OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. COMPENSATION DATA OF ALL OFFICERS AND KEY EMPLOYEES IS BENCHMARKED ON A PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT BENEFIT 295,804. CHANGE IN PRESENT VALUE OF ANNUITY -1,520. CHANGE IN VALUE OF INTEREST RATE SWAP 649,052. FOUNDATION CONSOLIDATION 100,000. UNIVERSITY OF MARY HARDIN-BAYLOR FOUNDATION 900 COLLEGE STREET BOX 8003 BELTON TX 76513 742052543 SUPPORT PLANT FUND OF THE UNIVERSITY OF MARY HARDIN-BAYLOR TX 501(C)(3) LINE 12D, III-O UNIVERSITY OF MARY HARDIN-BAYLOR 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNIVERSITY OF MARY HARDIN-BAYLOR FOUNDATION C 100000 CASH