OMB No Exempt Organization Business Income Tax Return(and proxy tax under section 6033(e))

Transcription

1 990-T OMB No Exept Organization Business ncoe Tax Return(and proxy tax under section 6033(e)) For Departent of the Treasury For calendar year 2010 or other tax year beginning, 2010, and À¾µ 06/01 nternal Revenue Service Open to Public nspection ending 05/31, See separate instructions. for 501(c) Organizations Only Check box if Nae of organization ( Check box if nae changed and see instructions.) D Eployer identification nuber A address changed (Eployees' trust, see instructions for Block D on page 9.) B Exept under section TRNTY UNVERSTY X 501( C )( 3 ) Print Nuber, street, and roo or suite no. f a P.O. box, see page 8 of instructions or 408(e) 220(e) E Unrelated business activity codes Type (See instructions for Block E on page 9.) 408A 530(a) ONE TRNTY PLACE NH (a) City or town, state, and ZP code C Book value of all assets SAN ANTONO, TX at end of year F Group exeption nuber (See instructions for Block F on page 9.) G Check organization type X 501(c) corporation 501(c) trust 401(a) trust Other trust H Describe the organization's priary unrelated business activity. ATTACHMENT 1 During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? Yes X No f "Yes," enter the nae and identifying nuber of the parent corporation. J The books are in care of BRADLEY L. MELTON Telephone nuber Part Unrelated Trade or Business ncoe (A) ncoe (B) Expenses (C) Net 1 a Gross receipts or sales 253,015. b Less returns and allowances c Balance 1c 253, Cost of goods sold (Schedule A, line 7) 2 3 Gross profit. Subtract line 2 fro line 1c 3 4 a Capital gain net incoe (attach Schedule D) 4a b Net gain (loss) (For 4797, Part, line 17) (attach For 4797) 4b c Capital loss deduction for trusts 4c 5 ncoe (loss) fro partnerships and S corporations (attach stateent) 5 6 Rent incoe (Schedule C) 6 7 Unrelated debt-financed incoe (Schedule E) 7 8 nterest, annuities, royalties, and rents fro controlled organizations (Schedule F) 8 9 nvestent incoe of a section 501(c)(7), (9), or (17) organization (Schedule G) 9 10 Exploited exept activity incoe (Schedule ) Advertising incoe (Schedule J) Other incoe (See page 10 of the instructions; attach schedule.) Total. Cobine lines 3 through Part 1,215, ,656. 1,068,271. Deductions Not Taken Elsewhere (See page 11 of the instructions for liitations on deductions.) (Except for contributions, deductions ust be directly connected with the unrelated business incoe.) 14 Copensation of officers, directors, and trustees (Schedule K) Salaries and wages Repairs and aintenance Bad debts nterest (attach schedule) Taxes and licenses Charitable contributions (See page 13 of the instructions for liitation rules.) Depreciation (attach For 4562) , , ,262. ATCH 2 781, ,89 98, , , , , ATCH Less depreciation claied on Schedule A and elsewhere on return 22a 22b 23 Depletion Contributions to deferred copensation plans Eployee benefit progras Excess exept expenses (Schedule ) Excess readership costs (Schedule J) Other deductions (attach schedule) Total deductions. Add lines 14 through Unrelated business taxable incoe before net operating loss deduction. Subtract line 29 fro line Net operating loss deduction (liited to the aount on line 30) Unrelated business taxable incoe before specific deduction. Subtract line 31 fro line Specific deduction (Generally $1,000, but see line 33 instructions for exceptions.) , Unrelated business taxable incoe. Subtract line 33 fro line 32. f line 33 is greater than line 32, enter the saller of zero or line JSA For Paperwork Reduction Act Notice, see instructions. 0E For 990-T (2010) ATTACHMENT 4 494, , , ,582. 1,00

2 For 8868 Application for Extension of Tie To File an Exept Organization Return (Rev. January 2011) OMB No Departent of the Treasury nternal Revenue Service File a separate application for each return. % f you are filing for an Autoatic 3-Month Extension, coplete only Part and check this box f you are filing for an Additional (Not Autoatic) 3-Month Extension, coplete only Part (on page 2 of this for). Do not coplete Part unless you have already been granted an autoatic 3-onth extension on a previously filed For Electronic filing (e-file). You can electronically file For 8868 if you need a 3-onth autoatic extension of tie to file (6 onths for a corporation required to file For 990-T), or an additional (not autoatic) 3-onth extension of tie. You can electronically file For 8868 to request an extension of tie to file any of the fors listed in Part or Part with the exception of For 8870, nforation Return for Transfers Associated With Certain Personal Benefit Contracts, which ust be sent to the RS in paper forat (see instructions). For ore details on the electronic filing of this for, visit and click on e-file for Charities & Nonprofits. Part Autoatic 3-Month Extension of Tie. Only subit original (no copies needed). A corporation required to file For 990-T and requesting an autoatic 6-onth extension - check this box and coplete Part only X All other corporations (including 1120-C filers), partnerships, REMCs, and trusts ust use For 7004 to request an extension of tie to file incoe tax returns. Type or Nae of exept organization Eployer identification nuber print TRNTY UNVERSTY File by the due date for filing your return. See instructions. Nuber, street, and roo or suite no. f a P.O. box, see instructions. City, town or post office, state, and ZP code. For a foreign address, see instructions. Enter the Return code for the return that this application is for (file a separate application for each return) Application s For For 990 For 990-BL For 990-EZ For 990-PF For 990-T (sec. 401(a) or 408(a) trust) For 990-T (trust other than above) % The books are in the care of Telephone No. % Return Code Application s For For 990-T (corporation) For 1041-A For 4720 For 5227 For 6069 For FAX No f the organization does not have an office or place of business in the United States, check this box f this is for a Group Return, enter the organization's four digit Group Exeption Nuber (GEN). f this is for the whole group, check this box. f it is for part of the group, check this box and attach a list with the naes and ENs of all ebers the extension is for. 1 request an autoatic 3-onth (6 onths for a corporation required to file For 990-T) extension of tie until 04/15, 20 12, to file the exept organization return for the organization naed above. The extension is ONE TRNTY PLACE SAN ANTONO, TX ANA WNDHAM for the organization's return for: calendar year 20 or X tax year beginning 06/01, 20 10, and ending 05/31, f the tax year entered in line 1 is for less than 12 onths, check reason: nitial return Final return Change in accounting period Return Code a f this application is for For 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions. 3a $ b f this application is for For 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estiated tax payents ade. nclude any prior year overpayent allowed as a credit. 3b $ c Balance Due. Subtract line 3b fro line 3a. nclude your payent with this for, if required, by using EFTPS (Electronic Federal Tax Payent Syste). See instructions. 3c $ Caution. f you are going to ake an electronic fund withdrawal with this For 8868, see For 8453-EO and For 8879-EO for payent instructions. For Paperwork Reduction Act Notice, see nstructions. For 8868 (Rev ) JSA 0F S 1184 V

3 For 990-T (2010) Page 2 Part Tax Coputation 35 Organizations Taxable as Corporations. See instructions for tax coputation on page 15. Controlled group ebers (sections 1561 and 1563) check here See instructions and: a Enter your share of the $50,000, $25,000, and $9,925,000 taxable incoe brackets (in that order): $ $ $ b Enter organization's share of: Additional 5% tax (not ore than $11,750) $ Additional 3% tax (not ore than $100,000) $ c ncoe tax on the aount on line 34 35c 36 Trusts Taxable at Trust Rates. See instructions for tax coputation on page 16. ncoe tax on the aount on line 34 fro: Tax rate schedule or Schedule D (For 1041) Proxy tax. See page 16 of the instructions Alternative iniu tax Total. Add lines 37 and 38 to line 35c or 36, whichever applies 39 Part V Tax and Payents 40 a Foreign tax credit (corporations attach For 1118; trusts attach For 1116) 40a b Other credits (see page 16 of the instructions) 40b c General business credit. Attach For c d Credit for prior year iniu tax (attach For 8801 or 8827) 40d e Total credits. Add lines 40a through 40d 40e 41 Subtract line 40e fro line Other taxes. Check if fro: For 4255 For 8611 For 8697 For 8866 Other (attach schedule) Total tax. Add lines 41 and a Payents: A 2009 overpayent credited to a b 2010 estiated tax payents 44b c Tax deposited with For c d Foreign organizations: Tax paid or withheld at source (see instructions) 44d e Backup withholding (see instructions) 44e f Credit for sall eployer health insurance preius (Attach For 8941) 44f g Other credits and payents: For 2439 For 4136 Other Total 44g 45 Total payents. Add lines 44a through 44g Estiated tax penalty (see page 4 of the instructions). Check if For 2220 is attached Tax due. f line 45 is less than the total of lines 43 and 46, enter aount owed Overpayent. f line 45 is larger than the total of lines 43 and 46, enter aount overpaid Enter the aount of line 48 you want: Credited to 2011 estiated tax Refunded 49 Part V Stateents Regarding Certain Activities and Other nforation (see instructions on page 17) 1 At any tie during the 2010 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? f YES, the organization ay have to file For TD F , Report of Foreign Bank and Financial Accounts. f YES, enter the nae of the foreign country here 2 During the tax year, did the organization receive a distribution fro, or was it the grantor of, or transferor to, a foreign trust? 3 f YES, see page 5 of the instructions for other fors the organization ay have to file. Enter the aount of tax-exept interest received or accrued during the tax year $ Schedule A - Cost of Goods Sold. Enter ethod of inventory valuation 1 nventory at beginning of year 1 6 nventory at end of year 6 2 Purchases 2 7 Cost of goods sold. Subtract line 3 Cost of labor 3 6 fro line 5. Enter here and in 4 a Additional section 263A costs Part, line 2 7 (attach schedule) 4a 8 Do the rules of section 263A (with respect to Yes No b Other costs (attach schedule) 4b property produced or acquired for resale) apply 5 Total. Add lines 1 through 4b 5 to the organization? X Under penalties of perjury, declare that have exained this return, including accopanying schedules and stateents, and to the best of y knowledge and belief, it is true, correct, and coplete. Declaration of preparer (other than taxpayer) is based on all inforation of which preparer has any knowledge. Sign Here M Paid Preparer Use Only JSA May the RS discuss this return with the preparer shown below Signature of officer Date Title (see instructions)? Yes No Print/Type preparer's nae Preparer's signature Date PTN Check if 04/10/2012 self-eployed M CAYMAN SLANDS STEWART GOODSON P Fir's nae ERNST & YOUNG U.S. LLP Fir's EN Fir's address P.O. BOX 2938 Phone no SAN ANTONO, TX Yes X X No X For 990-T (2010) 0E

4 For 990-T (2010) Page 3 Schedule C - Rent ncoe (Fro Real Property and Personal Property Leased With Real Property) (see instructions on page 18) 1. Description of property Total (a) Fro personal property (if the percentage of rent for personal property is ore than 10% but not ore than 50%) 2. Rent received or accrued (b) Fro real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or incoe) Total 3(a) Deductions directly connected with the incoe in coluns 2(a) and 2(b) (attach schedule) (b) Total deductions. (c) Total incoe. Add totals of coluns 2(a) and 2(b). Enter here and on page 1, Part, line 6, colun (A) Part, line 6, colun (B) 135,89 98,205. Schedule E - Unrelated Debt-Financed ncoe (see instructions on page 19) 3. Deductions directly connected with or allocable to debt-financed property LAURE AUDTORUM UNVERSTY CHAPEL 1. Description of debt-financed property 4. Aount of average acquisition debt on or allocable to debt-financed property (attach schedule) 5. Average adjusted basis of or allocable to debt-financed property (attach schedule) 2. Gross incoe fro or allocable to debt-financed property 6. Colun 4 divided by colun 5 % % % % (a) Straight line depreciation (attach schedule) 7. Gross incoe reportable (colun 2 x colun 6) Part, line 7, colun (A). Totals Total dividends-received deductions included in colun 8 (b) Other deductions (attach schedule) 8. Allocable deductions (colun 6 x total of coluns 3(a) and 3(b)) Part, line 7, colun (B). Schedule F - nterest, Annuities, Royalties, and Rents Fro Controlled Organizations(see instructions on page 20) Exept Controlled Organizations 1. Nae of controlled organization 2. Eployer identification nuber 3. Net unrelated incoe (loss) (see instructions) ATTACHMENT 5 102,84 85, ,05 13,12 135,89 4. Total of specified payents ade 5. Part of colun 4 that is included in the controlling organization's gross incoe 6. Deductions directly connected with incoe in colun 5 Nonexept Controlled Organizations Totals JSA 7. Taxable ncoe 8. Net unrelated incoe (loss) (see instructions) 9. Total of specified payents ade 1 Part of colun 9 that is included in the controlling organization's gross incoe Add coluns 5 and 1 Part, line 8, colun (A). 11. Deductions directly connected with incoe in colun 10 Add coluns 6 and 11. Part, line 8, colun (B). For 990-T (2010) 0E

5 For 990-T (2010) Page 4 Schedule G - nvestent ncoe of a Section 501(c)(7), (9), or (17) Organization (see instructions on page 20) 3. Deductions 5. Total deductions 4. Set-asides 1. Description of incoe 2. Aount of incoe directly connected and set-asides (col. 3 (attach schedule) (attach schedule) plus col. 4) Part, line 9, colun (A). Totals Schedule - Exploited Exept Activity ncoe, Other Than Advertising ncoe(see instructions on page 21) 1. Description of exploited activity Totals 2. Gross unrelated business incoe fro trade or business Enter here and on page 1, Part, line 10, col. (A). 3. Expenses directly connected with production of unrelated business incoe Enter here and on page 1, Part, line 10, col. (B). 4. Net incoe (loss) fro unrelated trade or business (colun 2 inus colun 3). f a gain, copute cols. 5 through 7. Schedule J - Advertising ncoe (see instructions on page 21) ncoe Fro Periodicals Reported on a Consolidated Basis Part Gross incoe fro activity that is not unrelated business incoe 6. Expenses attributable to colun 5 Part, line 9, colun (B). 7. Excess exept expenses (colun 6 inus colun 5, but not ore than colun 4). Enter here and on page 1, Part, line Nae of periodical 2. Gross advertising incoe 3. Direct advertising costs 4. Advertising gain or (loss) (col. 2 inus col. 3). f a gain, copute cols. 5 through Circulation incoe 6. Readership costs 7. Excess readership costs (colun 6 inus colun 5, but not ore than colun 4). Totals (carry to Part, line (5)) Part ncoe Fro Periodicals Reported on a Separate Basis (For each periodical listed in Part, fill in coluns 2 through 7 on a line-by-line basis.) 1. Nae of periodical 2. Gross advertising incoe 3. Direct advertising costs 4. Advertising gain or (loss) (col. 2 inus col. 3). f a gain, copute cols. 5 through Circulation incoe 6. Readership costs 7. Excess readership costs (colun 6 inus colun 5, but not ore than colun 4). (5) Totals fro Part Enter here and on page 1, Part, line 11, col. (A). Enter here and on page 1, Part line 11, col. (B). Totals, Part (lines 1-5) 45, ,451. Schedule K - Copensation of Officers, Directors, and Trustees (see instructions on page 21) 3. Percent of 1. Nae 2. Title tie devoted to business % % % % Total. Part, line 14 JSA 0E ATCH 7 45, , , ,16 46,862. Enter here and on page 1, Part, line Copensation attributable to unrelated business For 990-T (2010)

6 TRNTY UNVERSTY ATTACHMENT 1 ORGANZATON'S PRMARY UNRELATED BUSNESS ACTVTY. RENTAL NCOME ROYALTY NCOME FROM WORKNG NTEREST COPY & PRNTNG SERVCES FOR GENERAL PUBLC MEMBERSHPS TO GENERAL PUBLC AND ALUMN FOR RECREATONAL FACLTES SPECAL EVENT SALE OF MERCHANDSE UNVERSTY NEWSPAPER PUBLSHNG COMPANY ATTACHMENT 1

7 TRNTY UNVERSTY ATTACHMENT 2 FORM 990T - LNE 5 -NCOME (LOSS) FROM PARTNERSHPS PARTNERSHP NCOME 781,262. NCOME (LOSS) FROM PARTNERSHPS 781,262. ATTACHMENT 2

8 TRNTY UNVERSTY ATTACHMENT 3 PART - LNE 12 - OTHER NCOME PFC DSTRBUTONS - FORM PART - LNE 12 - OTHER NCOME 75. ATTACHMENT 3

9 TRNTY UNVERSTY ATTACHMENT 4 FORM 990T - PART - LNE 28 - TOTAL OTHER DEDUCTONS OVERHEAD/GENERAL 418,144. WORKNG NTEREST EXPENSES 214. PURCHASED SERVCES 33,36 MSCELLANEOUS 1,11 COMMUNCATON 21,331. TRAVEL 20,355. PART - LNE 28 - OTHER DEDUCTONS 494,514. ATTACHMENT 4

10 TRNTY UNVERSTY SCHEDULE C - RENT NCOME DEDUCTONS ATTACHMENT 5 LAURE AUDTORUM TOTAL 85,085. ATTACHMENT 5

11 TRNTY UNVERSTY SCHEDULE C - RENT NCOME DEDUCTONS ATTACHMENT 6 UNVERSTY CHAPEL TOTAL 13,12 ATTACHMENT 6

12 TRNTY UNVERSTY ATTACHMENT 7 SCHEDULE J - PART, ADVERTSNG NCOME REPORTED ON A SEPARATE BASS GROSS DRECT EXCESS 1. ADVERTSNG ADVERTSNG ADVERTSNG CRCULATON READERSHP READERSHP NAME OF PERODCAL NCOME COSTS GAN OR LOSS NCOME COSTS COSTS TRNTONAN 45, , , ,16 46,862. COLUMN TOTALS 45, , , ,16 46,862. ATTACHMENT 7

13 Trinity University EN: FYE: NOL Carryforward FYE 5/31 Loss Generated Utilized Loss Expired Reaining by Yr Loss Expires 1992 (423,150) - - (423,150) ,390 (237,760) ,582 (35,178) 1993 (453,915) - - (453,915) (34,018) - - (34,018) (60,637) - - (60,637) (23,003) - - (23,003) (61,347) - - (61,347) (505,590) - - (505,590) (367,200) - - (367,200) 2029 Total CF (1,928,860) 387,972 - (1,540,888) ATTACHMENT 8