2025-12-02T11:42:16+00:00 2025-05-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-06-01 350868101 Huntington University HUNT 2603594006 2303 COLLEGE AVENUE HUNTINGTON IN 46750 Wayne Moore VP of FINANCE and Operations 2603594006 2025-12-02 true true Anne White P01708202 2604604000 2025-12-02 2024 2025-03-06 01:10:19Z SHERILYN EMBERTON 2303 COLLEGE AVENUE HUNTINGTON IN 46750 66655537 false X www.huntington.edu X 1897 IN HUNTINGTON UNIVERSITY IS A CHRIST CENTERED INSTITUTION THAT EXISTS TO CARRY OUT THE MISSION OF CHRIST IN HIGHER EDUCATION THROUGH A CURRICULUM OF ACADEMIC EXCELLENCE. 30 29 933 600 11447 8864 10283208 9013927 39782916 43077496 1053831 1679061 0 51119955 53770484 15389582 17458214 0 18229311 18466620 0 991301 20211021 20690885 53829914 56615719 -2709959 -2845235 101934591 100861595 36140506 36601406 65794085 64260189 See Schedule O false false 49488411 17458214 43077496 HUNTINGTON UNIVERSITY IS A CHRISTIAN UNIVERSITY WITH THE PRIMARY PURPOSE OF EDUCATING AND DEVELOPING INDIVIDUALS. THE UNIVERSITY HAS APPROXIMATELY 1,700 STUDENTS AND OFFERS MORE THAN 70 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. AS A CHRISTIAN UNIVERSITY, HUNTINGTON IS COMMITTED TO DEVELOPING THE WHOLE PERSON ASSISTING STUDENTS WITH UNDERSTANDING ALL AREAS OF HUMAN KNOWLEDGE FROM THE PERSPECTIVE OF A CHRISTIAN WORLD VIEW, AND PREPARING THEM TO IMPACT THEIR WORLD FOR CHRIST. 49488411 true true false false false false false true false true true false false false true false false true true false false false false false false false false false true true true false false false false false false false false false true true false false false true true true false false false true 1927 0 true 933 true true true false false false false true true false false false false false false X 30 29 false false false false false false false true true false false false false true true true true false true true false false IN X Wayne Moore 2603566000 2303 COLLEGE AVENUE HUNTINGTON IN 46750 MONTE LIGHTNER CHAIR 2.0 0.0 X X 0 0 0 RAE GONTERMAN VICE CHAIR 2.0 0.0 X X 0 0 0 TOM FEUSSE SECRETARY 2.0 0.0 X X 0 0 0 ADRIAN HALVERSTADT BOARD MEMBER 2.0 0.0 X 0 0 0 BOBBY CALEY BOARD MEMBER 2.0 0.0 X 0 0 0 BRIAN MORE BOARD MEMBER 2.0 0.0 X 0 0 0 BRIAN NOFZINGER BOARD MEMBER 2.0 0.0 X 0 0 0 BROOKS FETTERS ADVANCEMENT CHAIR 2.0 0.0 X 0 0 0 CANDANCE CURIE BOARD MEMBER 2.0 0.0 X 0 0 0 DALTON JENKINS BOARD MEMBER 2.0 0.0 X 0 0 0 DAVE TINKEY BOARD MEMBER 2.0 0.0 X 0 0 0 HERB SCHUMM BOARD DEVELOPMENT CHAIR 2.0 0.0 X 0 0 0 JOSH WILHITE BOARD MEMBER 2.0 0.0 X 0 0 0 JOSH WILLARD BOARD MEMBER 2.0 0.0 X 0 0 0 JULI JOHNSON BOARD MEMBER 2.0 0.0 X 0 0 0 KRISTI MCCONNELL ACADEMIC PROGRAMS CHAIR 2.0 0.0 X 0 0 0 LARS ANDERSEN BOARD MEMBER 2.0 0.0 X 0 0 0 MARTY PENNINGTON STUDENT LIFE CHAIR 2.0 0.0 X 0 0 0 MATT WILCOX ENROLLMENT MANAGEMENT/UNIVERSITY RELATIONS CHAIR 2.0 0.0 X 0 0 0 NANCY BROWN BOARD MEMBER 2.0 0.0 X 0 0 0 NANCY LAMPORT BOARD MEMBER 2.0 0.0 X 0 0 0 NICOLE JOHNSON BOARD MEMBER 2.0 0.0 X 0 0 0 RD SCHRADER BOARD MEMBER 2.0 0.0 X 0 0 0 RICHARD MERILLAT BOARD MEMBER 2.0 0.0 X 0 0 0 ROBIN WRIGHT FINANCE CHAIR 2.0 0.0 X 0 0 0 RYAN WARNER BOARD MEMBER 2.0 0.0 X 0 0 0 SUE MILLER BOARD MEMBER 2.0 0.0 X 0 0 0 TODD FETTERS AT-LARGE MEMBER 2.0 0.0 X 0 0 0 TOM CLOUNIE BOARD MEMBER 2.0 0.0 X 0 0 0 TOMI CARDIN BOARD MEMBER 2.0 0.0 X 0 0 0 CONNIE BONNER VP FOR FINANCE/TREASURER 50.0 0.0 X 125906 0 20067 LUKE FETTERS VP FOR ACADMEIC AFFAIRS/DEAN 50.0 0.0 X 102836 0 18534 SHERILYN EMBERTON PRESIDENT 50.0 0.0 X 241471 0 73851 STEPHEN WEINGART VP FOR ADVANCEMENT 50.0 0.0 X 128059 0 36104 ANDREW RIVERA ASSOCIATE PROFESSOR OTD 50.0 0.0 X 104748 0 16927 EVELYN ANDERSSON OTD PROGRAM DIRECTOR 50.0 0.0 X 116583 0 13738 JEANNE SOWERS ASSOCIATE PROFESSOER OT 50.0 0.0 X 148661 0 15888 JILL LINDER OCCUPATIONAL THERAPIST 50.0 0.0 X 112208 0 16463 RUSSELL DEGITZ CHIEF OPERATING OFFICER 50.0 0.0 X 108441 0 5874 1188913 0 217446 11 false true false FCI CONSTRUCTION 5417 Country Road 427 Auburn IN 46706 CONTRACTOR 3385679 SODEXO INC AND AFFILIATES 502 Lake St Huntington IN 46750 FOOD SERVICE 2889781 NATIONAL MANAGEMENT RESOURCES PO Box 1224 LaGrange GA 30241 CUSTODIAL AND MAINT 944721 PARKVIEW HEALTH SYSTEMS 10501 Corporate Dr Fort Wayne IN 46845 ATHLETIC TRAINERS 384173 CLOUNIE LANDSCAPING INC 6492 N US Highway 24 E Huntington IN 46750 CONSTRUCTION 270445 26 8328 2922833 6082766 1425480 9013927 TUITION AND FEES 611710 35118444 35118444 FOOD SERVICE 611710 3218078 3218078 RESIDENCE HALLS 611710 3647600 3647600 OTHER PROGRAM 611710 242903 242903 OTHER REVENUE 611710 850471 850471 0 0 0 0 43077496 1073486 7172 1066314 0 0 9590628 3900000 9520053 3365000 70575 535000 605575 4275 601300 0 0 0 0 0 53770484 43077496 11447 1667614 17458214 17458214 586077 373656 69195 143226 13446708 11541801 1597124 307783 543785 440466 81568 21751 2954346 2498545 316441 139360 935704 757920 140356 37428 225779 225779 57915 57915 39155 39155 2501460 2103858 395007 2595 748520 627310 109326 11884 1028966 893238 105510 30218 860703 713261 112891 34551 4146368 2985385 1119519 41464 1132369 870191 81561 180617 384810 296405 67181 21224 968912 39364 929548 3508271 2973059 526241 8971 649015 620535 28480 Food Costs 2568003 2568003 1870639 1727200 133210 10229 56615719 49488411 6136007 991301 12197 9875 4085033 4168052 1756365 1137941 430186 477607 0 0 0 0 380881 369431 694582 1352648 122456505 63775250 61568095 58681255 23460181 24882433 1483451 1566988 3499908 3499908 4563712 4715457 101934591 100861595 2978433 3355097 1768203 2154020 5325000 5000000 0 0 20852109 20507266 5216761 5585023 36140506 36601406 X 32751744 28724683 33042341 35535506 65794085 64260189 101934591 100861595 X -2845235 1404354 3400 -96415 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 30269856 1329849 2481494 2456491 31624708 29305647 481499 3620967 3138257 30269856 32017229 168429 -769896 2110115 29305647 35229778 394037 -1664621 1941965 32017229 28949830 315315 7792963 1828330 35229778 0.0614 0.7636 0.175 true false 2331825 2331825 99416574 48316642 51099932 13812291 10451476 3360815 6895815 5007132 1888683 58681255 Federal Income Taxes FUNDS HELD FOR OTHERS 1100615 LIABILITY FOR DERIVATIVE CONTRACT 177230 LIABILITY FOR ANNUITY CONTRACT 392172 OPERATING LEASE LIABILITIES 3593621 FINANCE LEASE LIABILITIES 321385 5585023 37633150 1404354 3400 0 1407754 36225396 39155 17505933 17545088 53770484 39118350 0 0 39118350 39155 17458214 17497369 56615719 Schedule D, Part XIII ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote IT IS THE POLICY OF THE UNIVERSITY NOT TO RECOGNIZE CONTRIBUTIONS OF WORKS OF ART BECAUSE THE ITEMS ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FINANCIAL GAIN. Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY RECEIVED A DONATION OF VARIOUS WORKS OF ART IN 1987. THE COLLECTION INCLUDES 107 ITEMS AND IS DISPLAYED IN SEVERAL LOCATIONS ON CAMPUS INCLUDING THE WILSON ART GALLERY. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT FUND IS DESIGNATED TO PROVIDE SCHOLARSHIPS AND OTHER FUNDS TO SUPPORT OPERATIONS OF THE INSTITUTION. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements CHANGE IN SPLIT INTEREST AGREEMENT - 47719 STUDENT AID RECLASS - 17458214 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT AID RECLASS - 17458214 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY NEWSPAPERS, CATALOGS, INTERNET WEB HOMEPAGE, AND ADVERTISING MEDIA CONTAIN HUNTINGTON UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY EITHER PUBLISHED OR BROADCASTED FOR STUDENT RECRUITMENT, REGISTRATION OR RETENTION AND PERSONNEL RECRUITMENT. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT HUNTINGTON UNIVERSITY RECEIVES FINANCIAL AID FROM GOVERNMENTAL AGENCIES IN THE FORM OF GRANTS AND LOANS. SCHOLARSHIPS 999 17458214 Schedule I, Part I, Line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: AFTER STUDENT HAS BEEN ACCEPTED, THEY MUST FILE A FAFSA. THE UNIVERSITY CONSIDERS ACADEMIC SCHOLARSHIPS, OUTSIDE SCHOLARSHIPS, FEDERAL GRANTS AND STATE ELIGIBILITY IN THAT RESPECTIVE ORDER. IF THE STUDENT NEEDS FURTHER ASSISTANCE, THE UNIVERSITY OFFERS FEDERAL LOANS, COLLEGE GRANTS AND EMPLOYMENT OPPORTUNITIES. FINANCIAL AID BASED ON NEED IS AWARDED ON FAFSA CALCULATIONS AND THE RESULTING FINANCIAL AID THAT IS TO BE MET. ACADEMIC SCHOLARSHIPS ARE AWARDED BASED ON HIGH SCHOOL GPA, CLASS RANK AND STANDARD TEST SCORES. NEED-BASED GRANTS CAN BE ALLOCATED TO RETURNING STUDENTS BASED ON PREVIOUS YEARS AS LONG AS FINANCIAL NEED IS STILL PRESENT. ACADEMIC SCHOLARSHIPS CONTINUE BASED ON THE STUDENT'S CUMULATIVE GPA AT THE END OF THE YEAR. X true true X X X false true false false false false false false false SHERILYN EMBERTON PRESIDENT 236372 0 0 0 5099 0 46750 0 27101 0 315322 0 0 0 STEPHEN WEINGART VP FOR ADVANCEMENT 121756 0 0 0 6303 0 6789 0 29315 0 164163 0 0 0 JEANNE SOWERS ASSOCIATE PROFESSOER OT 147899 0 0 0 762 0 6691 0 9197 0 164549 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE UNIVERSITY PRESIDENT RESIDES IN A UNIVERSITY OWNED HOUSE AS REQUIRED BY CONTRACT. THE HOUSE IS LOCATED ON CAMPUS AND IS USED BY THE PRESIDENT FOR UNIVERSITY FUNCTIONS INCLUDING RECEPTIONS, DINNERS AND OTHER BUSINESS EVENTS. THE SECT. 119 RULES ARE MET AND, AS A RESULT, THE FAIR MARKET VALUE OF THIS BENEFIT IS CONSIDERED NONTAXABLE COMPENSATION TO THE PRESIDENT. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan SHERILYN EMBERTON PARTICIPATES IN A 457(F) PLAN. DURING 2024, AMOUNTS PAID OUT WERE $0, AND ADDITIONAL AMOUNTS DEFERRED UNDER THE PLAN WERE $35,000. A CITY OF HUNTINGTON INDIANA ECONOMIC AUTHORITY 351634309 446356CD7 2007-08-01 8750000 CITY OF HUNTINGTON INDIANA ECONOMIC DEVELOPMENT REVENUE REFUNDING AND IMPROVEMENT BONDS false false false A 3750000 8750000 150099 56140 2007 false false true true A false false false false false false 0 0 0.0 false false 0 false true A false false true false false false 0 false false false 0 false false false A false SUBSTANTIAL CONTRIBUTORS SUBSTANTIAL CONTRIBUTORS 3385679 INDEPENDENT CONTRACTOR false CLOUNIE LANDSCAPE TOM CLOUNIE, BOARD MEMBER 270445 LANDSCAPING SERVICES false 9 229609 Market value 1 1025000 Market value X Software 1 139200 Market value X MISCELLANEOUS 54 31671 Market value 0 false true false Schedule M, Part I THE AMOUNTS LISTED IN PART I, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. Form 990, Part III, Line 1 HUNTINGTON UNIVERSITY IS A CHRIST-CENTERED LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION WITH A STRONG HISTORIC AND ONGOING RELATIONSHIP WITH THE CHURCH OF THE UNITED BRETHREN IN CHRIST, USA. WITH THE CONVICTION THAT ALL TRUTH IS GOD'S TRUTH, THE UNIVERSITY EXISTS TO CARRY OUT THE MISSION OF CHRIST IN HIGHER EDUCATION. THROUGH A CURRICULUM OF DEMONSTRATED ACADEMIC EXCELLENCE, STUDENTS ARE EDUCATED IN THE LIBERAL ARTS AND THEIR CHOSEN DISCIPLINES, ALWAYS SEEKING TO EXAMINE THE RELATIONSHIP BETWEEN THE DISCIPLINES AND GOD'S REVELATION IN JESUS CHRIST. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990, EXCLUDING SCHEDULE B, IS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. A COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES OF THE UNIVERSITY, THE GOVERNING BODY RESPONSIBLE FOR REVIEW OF ALL FINANCIAL OPERATIONS OF THE UNIVERSITY, BEFORE THE 990 IS FILED. AN INDEPENDENT ACCOUNTING FIRM ALSO PERFORMS A REVIEW OF FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD DEVELOPMENT COMMITTEE OF THE BOARD OF TRUSTEES AND THE PRESIDENT'S OFFICE ANNUALLY CONFIRMS THE RECEIPT OF SIGNED CONFLICT OF INTEREST FORMS FROM ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE ANSWERS SUBMITTED FOR ANY POSSIBLE CONFLICTS OF INTEREST. THAT TRUSTEE, OFFICER, OR KEY EMPLOYEE WHO HAS DISCLOSED AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, OR WHO HAS BEEN FOUND TO HAVE A CONFLICT OF INTEREST WILL NOT PARTICIPATE IN THE UNIVERSITY'S DECISION MAKING PROCESS WITH REGARD TO THAT TRANSACTION, EXCEPT TO THE EXTENT EXPRESSLY REQUESTED IN WRITING BY THE BOARD OF TRUSTEES OR ITS BOARD DEVELOPMENT COMMITTEE. SHOULD A CONFLICT OF INTEREST MATTER REQUIRE A VOTE BY THE BOARD OF TRUSTEES OR ONE OF ITS COMMITTEES, THAT TRUSTEE OR OFFICER SHALL NOT BE PRESENT AT THE TIME OF THE VOTE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEE'S PERSONNEL COMMITTEE. THE COMMITTEE COMPARES THE DATA TO COMPARATIVE INSTITUTIONS. A REVIEW WAS COMPLETED IN FISCAL YEAR 2024-25. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PRESIDENT REVIEWS COMPARATIVE SALARY INFORMATION FOR ALL OFFICER POSITIONS AND SETS SALARIES FOR THEM ANNUALLY AND INFORMS THE BOARD CHAIR OF HIS/HER ACTIONS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF DERIVATIVE CONTRACTS: - -48696; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: - -47719; Total - -96415; FORM 990, PART VI, LINE 1B THOMAS A. CLOUNIE OWNS 100% OF CLOUNIE LANDSCAPING, AN INDEPENDENT CONTRACTOR FOR THE UNIVERSITY. AS A RESULT, HE IS CONSIDERED A NON-INDEPENDENT BOARD MEMBER. FORESTER FARMS LLC 2303 COLLEGE AVE HUNTINGTON IN 46750 853974437 FARM ACTIVITY IN 39349 22622 HUNTINGTON U FORESTER FILM LLC 2303 COLLEGE AVE HUNTINGTON IN 46750 873963950 FILM PRODUCTION IN 471732 270631 HUNTINGTON U INDEPENDENT COLLEGES OF INDIANA INC 30 S MERIDIAN ST STE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(c)(3) Type I NA false HU VENTURES INC 2303 COLLEGE AVENUE HUNTINGTON IN 46750 455423234 BUS. DEVELOPM IN HUNTINGTON U C Corporation 0 9242 1.0000 true false false true true false false false false false false false false false false false false true false true