2026-04-14T08:35:22-05:00 2025-05-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2024-06-01 741161940 UNIVERSITY OF MARY HARDIN-BAYLOR UNIV 2542958642 900 COLLEGE ST BELTON TX 76513 JENNIFER RAMM VP FOR BUSINESS & FINANCE 2542958642 2026-04-01 1 1 JACLYN DENISE DECKER CPA P00495917 3256724000 2026-04-01 2024 2025-03-06 01:10:19Z RANDAL O'REAR 900 COLLEGE ST BELTON TX 76513 140383298 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. 29 29 1597 46 3417 2417 7661627 6853528 123176298 120670295 7723987 8460188 4017 3417 138565929 135987428 34552555 34088317 0 0 50962052 52548430 0 0 1823223 43931555 44245892 129446162 130882639 9119767 5104789 409793919 413154550 47403434 42655692 362390485 370498858 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 120810571 34088317 120670295 THE UNIVERSITY OF MARY HARDIN-BAYLOR PROVIDES AN EXCELLENT, CHRIST-CENTERED EDUCATION FOR APPROXIMATELY 3,200 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. 120810571 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 1 140 0 1 1597 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 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 BETTY BURNS TRUSTEE 1.00 X 0 0 0 KRISTEL CARNES TRUSTEE 1.00 X 0 0 0 JACK PHELPS VICE CHAIR 1.00 X 0 0 0 DAN TOSTRUD TRUSTEE 1.00 X 0 0 0 VINCENT ARRIAGA TRUSTEE 1.00 X 0 0 0 DON AL RINGLER TRUSTEE 1.00 X 0 0 0 DONNA LEE 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 TRUSTEE 1.00 X 0 0 0 HEATH PELOQUIN TRUSTEE 1.00 X 0 0 0 ANDY DAVIS 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 JERRY CONNER 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 MIKE HARKRIDER TRUSTEE 1.00 X 0 0 0 JOHNNIE PECHAL TRUSTEE 1.00 X 0 0 0 LOGAN REYNOLDS 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 BUSINESS AND FINANCE COMMI 1.00 X 0 0 0 TERRI COVINGTON TRUSTEE 1.00 X 0 0 0 JASON WILCOX TRUSTEE 1.00 X 0 0 0 DEAN WINKLER TRUSTEE 1.00 X 0 0 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 40.00 X 291326 0 37834 JOHN VASSAR PROVOST & SR VP FOR ACADEM 40.00 X 304751 0 51042 RANDAL O'REAR PRESIDENT 40.00 X 768410 0 177647 STEVE THEODORE COO & SR VP FOR ADMIN 40.00 X 343644 0 46942 CLIFFA FOSTER DEAN - SCHOOL OF EXERCISE 40.00 X 218131 0 34912 COLIN WILBORN ASSOC PROVOST & EXECUTIVE DEAN 40.00 X 266949 0 44467 REBECCA O'BANION VP FOR UNIV RELATIONS 40.00 X 201314 0 30584 SUSAN OWENS VP FOR POLICY & RISK MGMT 40.00 X 219534 0 35021 BRANDON SKAGGS VP FOR STUDENT LIFE 40.00 X 197754 0 32041 2811813 0 490490 83 0 1 0 SODEXO SERVICES OF TEXAS LLP PO BOX 352 BUFFALO NY 142400352 FOOD SERVICE 3795667 SSC SERVICE SOLUTIONS 1845 MIDPARK RD SUITE 201 KNOXVILLE TN 37921 HOUSEKEEPING 1950665 2TP SERVICES 3809 S GENERAL BRUCE DRIVE SUITE TEMPLE TX 76502 MAINT/CONSTRUCTION 1381767 BAIRDWILLIAMS CONSTRUCTION LTD PO BOX 917 TEMPLE TX 765030917 CONSTRUCTION 1377884 RT SCHNEIDER CONTRUCTION LTD PO BOX 876 BELTON TX 76513 CONSTRUCTION 1358659 55 740686 6112842 681011 6853528 TUITION AND FEES 611710 100607593 100607593 AUXILIARY ENTERPRISES 611710 16712850 16712850 STUDENT RELATED CHARGES 611710 3349852 3349852 120670295 8171996 8171996 4684062 4395870 288192 288192 288192 SPONSORSHIP UBIT REVENUE 900099 3417 3417 3417 135987428 120670295 3417 8460188 33777770 33777770 310547 310547 2854510 992173 1239134 623203 38584830 35148942 2888348 547540 2370822 2165788 171346 33688 5876773 5214876 531274 130623 2861495 2539074 246259 76162 107671 107671 68940 68940 4549014 4548514 500 215277 190713 24564 3778316 3472318 196158 109840 3114023 3085047 28976 2609493 2547068 29281 33144 350419 338811 9612 1996 961046 961046 11579218 11579218 1949095 1949095 SERVICES 7519748 6195659 1187359 136730 OTHER EXPENSES 6304749 4655029 1519423 130297 BOOKSTORE PURCHASES 1138883 1138883 130882639 120810571 8248845 1823223 4392388 2513208 17740462 17004259 3672934 3027416 1180621 385624 1751047 1751047 450253 462298 2417301 4167962 350588099 168613728 186374675 181974371 190517196 201207791 1297042 660574 409793919 413154550 8535864 8169516 5341576 3198926 24562520 21244249 8963474 10043001 47403434 42655692 X 238806104 242827185 123584381 127671673 362390485 370498858 409793919 413154550 X 5104789 5936490 -2932906 X 0 1 X 1 1 1 X 9103817 14874860 6470995 7665644 6853528 44968844 9103817 14874860 6470995 7665644 6853528 44968844 44968844 5523070 5849409 7031492 7609847 8171996 34185814 776 776 2262 4017 3417 11248 79165906 599165223 0.56800 0.58490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 123439591 3525149 10413825 5126549 132252016 112726473 3565252 12158266 5010400 123439591 116690283 1465397 -540305 4888902 112726473 117597212 2876670 349772 4133371 116690283 92798617 1871599 27098828 4171832 117597212 0.09000 0.54000 0.37000 0 0 8058876 8058876 256471300 105977174 150494126 51319898 44762284 6557614 34738025 17874270 16863755 181974371 OTHER S/T INVESTMENTS 281881 F CORPORATE STOCKS & BONDS 1550018 F MUTUAL FUNDS 1564225 F UNIT INVESTMENT TRUSTS 475192 F REAL EST & MINERAL INTS 646324 F GOVERNMENT BONDS 72900 F MUNICIPAL OBLIGATIONS 75065 F INVESTMENTS CARRIED AT NAV 157314407 F BLACK ROCK FEDERAL FUND 39227779 F 201207791 ACCRUED POST RETIREMENT BENEFITS 9313910 ANNUITIES PAYABLE 728963 STUDENT LOANS REFUNDABLE 128 10043001 X 108071275 5936490 -33852643 -27916153 135987428 0 135987428 96881354 87032 87032 96794322 34088317 34088317 130882639 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 2025 AND 2024, 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, 2025 AND 2024, 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, 2025 AND 2024. 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 -34,088,317. UMHB FOUNDATION CONSOLIDATION 275,156. PRESENT VALUE ADJUSTMENT TO ANNUITIES -39,482. PART XII, LINE 2D - OTHER ADJUSTMENTS: UMHB FOUNDATION CONSOLIDATION 87,032. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF SCHOLARSHIPS / DISCOUNTS 34,088,317. 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, 6 35080 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 27 59131 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 7 129441 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 19000 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 1 15687 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 2 31306 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 13402 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 7500 APPLY AGAINST STUDENT ACCOUNT CHARGES 0 0 0 0 0 0 1 SCHOLARSHIPS TO VARIOUS STUDENTS 3358 33777770 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 463509 0 175750 0 129151 0 86500 0 91147 0 946057 0 0 0 STEVE THEODORE COO & SR VP FOR ADMIN 255694 0 87950 0 0 0 26500 0 20442 0 390586 0 0 0 JOHN VASSAR PROVOST & SR VP FOR ACADEM 235883 0 67548 0 1320 0 25072 0 25970 0 355793 0 0 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 226301 0 65025 0 0 0 23000 0 14834 0 329160 0 0 0 COLIN WILBORN ASSOC PROVOST & EXECUTIVE DEAN 190485 0 39204 0 37260 0 23000 0 21467 0 311416 0 0 0 SUSAN OWENS VP FOR POLICY & RISK MGMT 176483 0 41851 0 1200 0 18215 0 16806 0 254555 0 0 0 CLIFFA FOSTER DEAN - SCHOOL OF EXERCISE 159287 0 1639 0 57205 0 21761 0 13151 0 253043 0 0 0 REBECCA O'BANION VP FOR UNIV RELATIONS 180104 0 19590 0 1620 0 17340 0 13244 0 231898 0 0 0 BRANDON SKAGGS VP FOR STUDENT LIFE 160383 0 31671 0 5700 0 16890 0 15151 0 229795 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. 6330 DISCOUNTED TUITION EDUCATIONAL ASSISTANCE DON RINGLER CHEVROLET OWNED BY TRUSTEE 462751 AUTOMOBILES 0 X 10 239791 QUOTED PRICES X VARIOUS 2 233000 APPRAISAL X VARIOUS 7 208220 ESTIMATED VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE UMHB BOARD OF TRUSTEES IS COMPRISED OF 29 MEMBERS. 14 MEMBERS ARE ELECTED BY THE UMHB BOARD OF TRUSTEES AND 15 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 -2,431,956. CHANGE IN PRESENT VALUE OF ANNUITY -39,482. CHANGE IN VALUE OF INTEREST RATE SWAP -636,468. FOUNDATION CONSOLIDATION 175,000. 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 175000 CASH