The University is committed to the highest standards of openness, probity and accountability. It endeavors to provide its students and other members of the interested public with information that is complete, accurate, and clear. The U.S. Internal Revenue Service encourages every exempt organization to adopt and monitor procedures to ensure that its Form 1023 and Form 990, annual reports, and financial statements, are complete and accurate, posted on its public website, and made available to the public upon request. Accordingly, the University makes the following important information available to the general public, as required by state and federal laws and/or university policy and regulations.

Forms 990 and 1023

The Internal Revenue Code requires organizations exempt from federal income tax to make its Form 1023 exemption application and annual Form 990 available for public inspection. These documents are available for review by interested parties at the following office:

F. Thomas Turner II
Director of Legal Affairs and Risk Management
2301 Crown Centre Drive, Suite A
Charlotte, North Carolina 28227-7705
Telephone: (704) 844-1966 Option 6.

Please contact this office if you would like to access and view them during normal business hours.

You may view the following online:

Form 990 for 2016 [covers July 1, 2015 - June 30, 2016]

Form 990 for 2015 [covers July 1, 2014 - June 30, 2015]

Form 990 for 2014 [covers July 1, 2013 - June 30, 2014]

Form 990 for 2013 [covers July 1, 2013 - June 30, 2014]

Form 990 for 2012 [covers July 1, 2012 - June 30, 2013]

Form 990 for 2011 [covers July 1, 2011 - June 30, 2012]

Form 990 for 2010 [covers July 1, 2010 - June 30, 2011]

Form 990 for 2009 [covers July 1, 2009 - June 30, 2010]

Form 990 for 2008 [covers July 1, 2008 - June 30, 2009]

Form 990 for 2007 [covers July 1, 2007 - June 30, 2008]

Audited Financial Statements

Our independent auditor is Cherry Bekaert L.L.P. (Certified Public Accounts).

Audited Financial Statement for 6/30/2016 (fiscal 2015)

Audited Financial Statement for 6/30/2015 (fiscal 2014)

Audited Financial Statement for 6/30/2014 (fiscal 2013)

Audited Financial Statement for 6/30/2013 (fiscal 2012)

Audited Financial Statement for 6/30/2012 (fiscal 2011)

Audited Financial Statement for 6/30/2011 (fiscal 2010)

Audited Financial Statement for 6/30/2010 (fiscal 2009)

Audited Financial Statement for 6/30/2009 (fiscal 2008)

Audited Financial Statement for 6/30/2008 (fiscal 2007)

For Biennial and Annual Reports see University Publications.

Conflict of Interest Policy

See Bylaws at Article 7 Conflict of Interest for the policy as it relate to the members of the Board of Regents. For policies related to employees and other matters see Statutes of the Board.

Tuition Guarantry Bond

The University maintains a guaranty bond to cover the full amount of prepaid tuition for all students. The bond is available for review by interested parties at the following office:

F. Thomas Turner II
Director of Legal Affairs and Risk Management
2301 Crown Centre Drive, Suite A
Charlotte, North Carolina 28227-7705
Telephone: (704) 844-1966 Option 6.

Please contact this office if you would like to access and view the bond during normal business hours. The bond is a guarantee of the refund of tuition to students in the event that the University ceases to operate. Any student of the University at the time of such an event will be entitled to a full refund from the insurance company. The bond is a minimum of $10,000. The amount of the bond at any point in time is equal to the highest level of pre-paid tuition which occurred during the most recent fiscal year. The bond is onfile with the Clerk of the Superior Court in Mecklenburg County, North Carolina.