2025-06-02T09:50:50-04:00 2024-07-31 621874228 WARRENJACKSON CPAS PLLC 606 S MAIN STE C SWEETWATER TN 378742731 990 2023-08-01 620479189 CARSON-NEWMAN UNIVERSITY CARS 8654712000 PO BOX 557 JEFFERSON CITY TN 37760 ROBERT KEY CFO 8654712008 2025-05-06 true DERRICK NELSON EA P00931633 4233375003 2025-05-21 2023 2025-03-06 01:10:19Z ROBERT KEY PO BOX 577 JEFFERSON CITY TN 37760 58703240 false X WWW.CN.EDU X 1851 TN MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. 35 35 1142 25 0 15058487 11514984 39985070 40020379 0 2561492 7167877 57605049 58703240 0 0 25135219 26709596 0 1147559 25425905 28894035 50561124 55603631 7043925 3099609 173838618 178725404 54917817 56704994 118920801 122020410 X MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. false false CARSON-NEWMAN COLLEGE IS A PRIVATE, CHRISTIAN-BASED LIBERAL-ARTS NOT-FOR- PROFIT INSTITUTION OF HIGHER EDUCATION WHICH IS OPERATED UNDER THE AUSPICES OF THE TENNESSEE BAPTIST CONVENTION. THE COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO APPROXIMATELY 2,735 STUDENTS, ACADEMIC SUPPORT THAT INCLUDES LIBRARY SERVICES, TUTORING, AND ENGLISH INSTRUCTION FOR SPEAKERS OF OTHER LANGUAGES. CARSON-NEWMAN COLLEGE PROVIDES STUDENT SERVICES THAT INCLUDE ADMISSIONS, ORIENTATION, REGISTRATION, FINANCIAL-AID ASSISTANCE COUNSELING, ACADEMIC SUPPORT AND CAREER COUNSELING, PSYCHOLOGICAL COUNSELING, INTRAMURAL PROGRAMS, AND INTER-COLLEGIATE ATHLETICS. CARSON-NEWMAN COLLEGE PROVIDES AUXILIARY ENTERPRISES TAHT INCLUDE HOUSING FOR APPROXIMATELY 751 FULL-TIME STUDENTS RESIDENTIAL STUDENTS, FOOD SERVICE, A BOOKSTORE, AND FACILITIES FOR SUMMER PROGRAMS OPERATED BY LIFEWAY MINISTRIES FOR APPROXIMATELY 400 CHILDREN. 46943240 CARSON-NEWMAN COLLEGE INTEGRATES ITS STUDENTS INTO BENEVOLENT MINISTRIES THAT IT OPERATES TO SERVICE THE INDIGENT (APPALACHIAN OUTREACH SPONSORS MISSION TRIPS, PROVIDES HOME REPAIR, A FOOD PANTRY, CLOTHING, HOUSEHOLD GOODS AND EDUCATIONAL PROGRAMS THAT INCLUDE TUTORING AND LIFE SKILLS TRAINING AND ITS SAMARITAN HOUSE PROVIDES TEMPORARY HOUSING FOR HOMELESS FAMILIES IN EAST TENNESSEE). 46943240 46943240 true false false false false false false false false true true false false false true false true true true false false false false false false false false false false true false false false false false false false false true false false false false false false false false true 34 0 true 1142 true false false false false false false false false false false false false false false X 35 35 false false false false false false false true true false false false true true true true true false false false X ROBERT KEY 8654712000 PO BOX 577 JEFFERSON CITY TN 37760 MR BRUCE CHESSER TRUSTEE 2.00 X 0 0 0 MRS CINDI OGLE TRUSTEE 2.00 X 0 0 0 MR ROBERT GAY TRUSTEE 2.00 X 0 0 0 MR RICK GREENE TRUSTEE 2.00 X 0 0 0 DR THOMAS E HARMON TRUSTEE 2.00 X 0 0 0 JAY HARDWICK TRUSTEE 2.00 X 0 0 0 ANGIE JOHNSON TRUSTEE 2.00 X 0 0 0 JUDGE JEANETTE BLAZIER TRUSTEE 2.00 X 0 0 0 DR CHARLES GROOVER TRUSTEE 2.00 X 0 0 0 MRS JANET HAYES BOARD CHAIR 2.00 X X 0 0 0 DR RICHARD LLOYD TRUSTEE 2.00 X 0 0 0 MS KRISTI PACZKOWSKI TRUSTEE 2.00 X 0 0 0 MR GARY PAGE TRUSTEE 2.00 X 0 0 0 DR DONALD PARKER TRUSTEE 2.00 X 0 0 0 AMY STOVER TRUSTEE 2.00 X 0 0 0 CHARLES FLOWER PRESIDENT 40.00 X 201193 0 42500 JEREMY BUCKNER PROVOST 40.00 X 165456 0 0 EUGENE POPE AHLETIC DIRE 40.00 X 136159 0 0 GAY YOUNG TRUSTEE 2.00 X 0 0 0 PATRICK CARROLL TRUSTEE 2.00 X 0 0 0 CT COZART TRUSTEE 2.00 X 0 0 0 RANDY DAVIS TRUSTEE 2.00 X 0 0 0 JOHN MARK HARRISON TRUSTEE 2.00 X 0 0 0 JONATHAN MANFULL TRUSTEE 2.00 X 0 0 0 JAMES MATHIS TRUSTEE 2.00 X 0 0 0 ALLEN MORGAN TRUSTEE 2.00 X 0 0 0 BARRY STEELMAN TRUSTEE 2.00 X 0 0 0 MARC STINNETT TRUSTEE 2.00 X 0 0 0 PATSY WALLACE TRUSTEE 2.00 X 0 0 0 LARRY WATERS TRUSTEE 2.00 X 0 0 0 MARSHALL WHITE SECRETARY 2.00 X 0 0 0 ROBERT KEY CFO 40.00 X 134583 0 0 KEVIN TRIPLETT VP OF RELATI 40.00 X 154350 0 0 GLORIA WALKER VP OF ST SER 40.00 X 112455 0 0 DANETTE SEALE VP OF ENROLL 40.00 X 122942 0 0 MR CLAY HALLMARK TRUSTEE 2.00 X 0 0 0 MR JOHN JOHNSON TRUSTEE 2.00 X 0 0 0 MR BRIAN SMITH TRUSTEE 2.00 X 0 0 0 MR NORIS SNEED TRUSTEE 2.00 X 0 0 0 MR DAN SPENCER TRUSTEE 2.00 X 0 0 0 MR JUSTIN TERRELL TRUSTEE 2.00 X 0 0 0 MR BOBBY TUCK TRUSTEE 2.00 X 0 0 0 MR JONATHAN AKIN VP FOR CHURC 40.00 X 121150 0 40000 MR GREOGORY CASALENUOVO PROFESSOR OF 40.00 X 105115 0 0 MR ADAM EINHARDT AP OF NURSIN 40.00 X 106483 0 0 DAVID CRUTCHLEY DEAN OF BAPT 40.00 X 102534 0 0 MR CHRISTOPHER EPPING DEAN PROF ST 40.00 X 115500 0 0 CHERI FLYNN DIR. OF ACCO 40.00 X 107898 0 0 1685818 82500 13 false true false ARAMARK CORPORATION CN BOX 71893 JEFFERSON CITY TN 37760 FOOD SERVICE 3526781 APPALACHIAN CONSTRUCTION & DESIGN 1905 REMINGTON RIDGE WAY KNOXVILLE TN 37919 CONSTRUCTION 2940076 TOTAL PROPERTY MANAGEMENT 1022 W HWY 11E NEW MARKET TN 37820 LANDSCAPING 2518999 KEYPATH EDUCATION LLC 1933 N MEACHAM RD 400 SCHAUMBURG IL 60173 MARKETING 2028325 PREMIERE BLDG MAINT CORP 1416 MCCALLA AVE KNOXVILLE TN 37915 JANITORIAL 1593930 5 2660930 8854054 1219035 11514984 TUITION AND FEES 611600 28671290 28671290 SALES & SERVICES OF AUXILIARY 531110 8040182 8040182 INTERCOLLEGIATE ATHLETICS ETC 722210 3308907 3308907 40020379 GAIN/LOSS ENDOWMENT 900099 6873897 6873897 ENDOWMENT SPENDING 900099 1172419 1172419 CHANGE IN VALUATION OF INTERE 900099 388969 388969 -1267408 -1267408 7167877 58703240 47188256 1230788 1021555 172311 36922 20016706 17327862 2214085 474759 5462102 4142833 1179909 139360 1952490 1768952 141511 42027 933956 929300 4656 3472154 3362881 109273 SUPPLIES & OTHER 14809581 10907217 3447873 454491 OPER/MAINT EXPENSE 7725854 7482640 243214 55603631 46943240 7512832 1147559 12682443 3490167 2033721 2340759 453801 350661 2132203 3063972 180586605 86608053 87093804 93978552 63325874 68939685 6116772 6561608 173838618 178725404 4432770 3569332 2656227 1882618 47828820 51253044 54917817 56704994 X 31276848 32719458 87643953 89300952 118920801 122020410 173838618 178725404 3099609 X false true X true true true X 65762662 1294972 3438590 1850861 68655364 71080042 721737 -5428793 610324 65762662 62731421 1054500 9978919 1693128 -991670 71080042 65671878 820044 3498086 1614193 237237 62731421 0.08940 0.91060 false false 7005462 7005462 132909448 53583875 79325573 35838724 30892031 4946693 4832971 4832971 96110699 NET PENSION LIABILITY 18286862 NOTES PAYABLE USDA 14291367 CAPITAL LEASE PAYABLE - EAGLE FDN 12781847 NOTES PAYABLE 2609906 NOTES PAYABLE 2107525 LINE OF CREDIT 1500000 ADVANCES FROM FEDERAL GOVERNMENT 172459 UNAMORTIZED COST -496922 51253044 58703240 58703240 58703240 55603631 55603631 55603631 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE ORGANIZATION ROUTINELY PUBLISHES ITS NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING THE PERIOD OF SOLICITATION FOR STUDENTS AND INCLUDES ITS NONDISCRIMINATORY POLICY IN ALL COLLEGE CATALOGUES, PUBLICATIONS DISTRIBUTED BY THE COLLEGE'S ADMISSIONS OFFICE, AND COMMUNICATIONS BY THE COLLEGE'S OFFICE OF FINANCIAL ASSISTANCE. SCHEDULE E, LINE 6 THE COLLEGE IS THE RECIPIENT OF ANNUAL GRANTS FOR FEDERAL COLLEGE WORK STUDY PROGRAM AND IS A CONDUIT FOR ANNUAL GRANTS AWARDED TO STUDENTS BY THE U.S. DEPARTMENT OF EDUCATION AND THE STATE OF TENNESSEE. false false false false false false false false false CHARLES FLOWER PRESIDENT 201193 42500 243693 JEREMY BUCKNER PROVOST 165456 165456 KEVIN TRIPLETT VP OF RELATIONS 154350 154350 MR JONATHAN AKIN VP FOR CHURCH RELATE 121150 40000 161150 X 1 1219035 false true false FORM 990 - ORGANIZATION'S MISSION MISSION OF CHALLENGE, NURTURE, COMMUNITY: CARSON-NEWMAN COLLEGE OFFERS A CHRISTIAN, LIBERAL ARTS EDUCATION IN AN ENVIRONMENT THAT ENCOURAGES OPEN INTELLECTUAL INQUIRY AND DEEPER SPIRITUAL MATURITY. STUDENTS RECEIVE A PERSONALIZED EDUCATION IN SMALL CLASSES. CARING FACULTY AND STAFF MENTORS GET TO KNOW AND NURTURE EACH STUDENT. WE SEEK TO INSTILL CHRISTIAN VALUES IN OUR STUDENTS AND INSPIRE THEM TO USE UNIQUE GIFTS FOR A LIFETIME OF SERVICE. THE HISTORIC BAPTIST DISTINCTIVES OF RELIGIOUS LIBERTY, PERSONAL RESPONSIBILITY, AND COMPASSION FOR OTHERS CREATE A WELCOMING COMMUNITY THAT FOSTERS A SENSE OF BELONGING. THE CULTURAL HERITAGE AND GEOGRAPHIC BEAUTY OF THE APPALACHIAN REGION ENRICHES THE CARSON-NEWMAN EXPERIENCE, AND THE COLLEGE CONTRIBUTES TO THE ENVIRONMENTAL PRESERVATION ADN ECONOMIC DEVELOPMENT OF THIS NATIONAL TREASURE. VISION: TO BECOME A PREMIER CHRISTIAN LIBERAL ARTS COLLEGE WITH A WORLD-WIDE IMPACT. FORM 990, PAGE 2, PART III, LINE 4D CARSON-NEWMAN COLLEGE INTEGRATES ITS STUDENTS INTO BENEVOLENT MINISTRIES THAT IT OPERATES TO SERVICE THE INDIGENT (APPALACHIAN OUTREACH SPONSORS MISSION TRIPS, PROVIDES HOME REPAIR, A FOOD PANTRY, CLOTHING, HOUSEHOLD GOODS AND EDUCATIONAL PROGRAMS THAT INCLUDE TUTORING AND LIFE SKILLS TRAINING AND ITS SAMARITAN HOUSE PROVIDES TEMPORARY HOUSING FOR HOMELESS FAMILIES IN EAST TENNESSEE). FORM 990, PAGE 6, PART VI, LINE 11B A NOTICE OF DRAFT OF THE FORM 990 AND ALL ATTACHMENTS IS E-MAILED TO PRIESIDENT, CHAIR AND CHAIRMAN OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE PARESIDENT AND CHAIRS ARE ASKED TO FORWARD ANY REQUEST BY THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE'S LEGAL COUNSEL EXPLAINED THE CONFLICT-OF-INTEREST POLICY TO ALL TRUSTEES WHO THEN IN TURN COMPLETED AND SIGNED CONFLICT-OF-INTEREST STATEMENTS. CERTAIN MEMBERS OF THE COLLEGE'S BOARD OF TRUSTEES HAVE DISCLOSED THAT THEY MANAGE OR HAVE FINANCIAL INTERESTS IN ENTITITES WHICH ENGAGE IN CERTAIN BUSINESS TRANSACTIONS WITH THE COLLEGE. IT IS THE OPINION OF MANAGEMENT THAT THESE TRANSACTIONS ARE EITHER IMMATERIAL OR THE TERMS OF THESE TRANSACTIONS ARE NO LESS FAVORABLE TO THE COLLEGE THAN WHAT COULD HAVE BEEN OBTAINED FROM UNRELATED ENTITIES. COMPENSATION SALARIES ARE DETERMINED BASED UPON JOB FUNCTION WHEN AN INDIVIDUAL IS HIRED. THE COLLEGE HAS A HIERARCHICAL ORGANIZATIONAL STRUCTURE IN WHICH SUPERVISORS, DEPARTMENT HEADS, DEANS, VICE PRESIDENTS, AND THE PRESIDENT ARE INVOLVED IN DETERMINING THE ALLOWABLE COMPENSATION FOR A PARTICULAR FUNCTION (I.E., JOB FUNCTION). THERE ARE NO INDEPENDENT PERSONS OR PARTIES THAT REVIEW INDIVIDUAL COMPENSATION ARRANGEMENTS, BUT THE COLLEGE ADMINISTRATION IS SENSITIVE TO CONFLICTS OF INTEREST SITUATIONS AND REQUIRES ALL COMPENSATION TO BE BASED ON MARKET VALUES. THE BOARD OF TRUSTEES PERSONNEL COMMITTEE REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION AND OTHERS AS NEEDED. SUBSTANTIATION FOR COMPENSATION CONSISTS OF COMPARISONS AT PEER COLLEGES AND COMPARABLE JOBS IN THE REGION. ALL EMPLOYEE COMPENSATION DECISIONS ARE DOCUMENTED WITH APPROPRIATE APPROVALS IN INDIVIDUAL PERSONNEL FILES. SUCH DOCUMENTATION INCLUDES, BUT IS NOT LIMITED TO, OFFER LETTERS, CONTRACTS, AND MEMORANDUMS. FORM 990, PAGE 6, PART VI, LINE 19 CARSON-NEWMAN COLLEGE IS COMMITTED TO OFFERING TRANSPARENCY AND HONORS ALL REQUESTS FOR SUCH INFORMATION TIMELY.