2023-05-09T09:02:32-05:00 2022-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2021-07-01 540568200 BLUEFIELD UNIVERSITY BLUE 2763263682 3000 COLLEGE AVENUE BLUEFIELD VA 24605 RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 2763263682 2023-05-05 1 RUTH BLANKENSHIP XXX-XX-XXXX MARK WOOLWINE P00647446 5404433606 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RUTH BLANKENSHIP 3000 COLLEGE AVENUE BLUEFIELD VA 24605 30390801 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 22 22 412 8 -897 0 5946600 6434397 23553860 22131376 207228 314480 -211914 1507248 29495774 30387501 7960959 7211419 0 0 11052303 10480013 0 0 370062 9889845 10558279 28903107 28249711 592667 2137790 32438996 33458271 15632269 15543588 16806727 17914683 TO OFFER A CHALLENGING CHRIST-CENTERED LIBERAL ARTS EXPERIENCE AND CO-CURRICULAR PROGRAMS THAT TRANSFORM STUDENTS' LIVES BY INTEGRATING LIBERAL ARTS WITH CAREER-ORIENTED STUDIES AND SERVICE TO GOD & THE WORLD. 0 0 15588442 7211419 20790025 STUDENT INSTRUCTION AND SCHOLARSHIPS: GROUNDED IN THE LIBERAL ARTS TRADITION, BLUEFIELD UNIVERSITY IS AT THE FOREFRONT IN UNDERSTANDING THE VALUE OF SCIENCE AND TECHNOLOGY IN THE 21ST CENTURY. WITH MORE THAN 40 ACADEMIC PROGRAMS, WHICH INCLUDES FIVE MASTER'S DEGREES AND ASSOCIATES IN GENERAL STUDIES. STUDENTS SERVED INCLUDE TRADITIONAL STUDENTS WHO ANTICIPATE NEEDING THREE TO FIVE YEARS TO COMPLETE THEIR DEGREE, THE DEGREE COMPLETION STUDENT WHO NEEDS FEWER HOURS TO COMPLETE AN UNDERGRADUATE DEGREE AND DESIRES TO COMPLETE ONLINE AND THE INDIVIDUAL THAT IS SEEKING A MASTER'S DEGREE. THE UNIVERSITY DELIVERS COURSES ON-SITE/IN-PERSON AND ON-LINE. ACADEMIC SUPPORT IS PROVIDED THROUGH AN ACADEMIC CENTER FOR EXCELLENCE, A LIBRARY, AND ACADEMIC TECHNOLOGY SUPPORT. 5669541 STUDENT SERVICES: THE UNIVERSITY'S STUDENT SERVICES AREAS INCLUDE THE REGISTRAR, ENROLLMENT MANAGEMENT, CREATIVE MEDIA, FINANCIAL AID, GENERAL STUDENT SUPPORT SERVICES, CAMPUS SECURITY, INTER-COLLEGIATE AND INTRAMURAL ATHLETICS, STUDENT EXTRACURRICULAR ACTIVITIES, CAMPUS MINISTRY, AND RETENTION/STUDENT SUCCESS SERVICES. 3379132 2850094 AUXILIARY ENTERPRISES: THE UNIVERSITY'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 24637115 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1673 0 1 412 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 2763264556 3000 COLLEGE AVENUE BLUEFIELD VA 24605 C TODD ASBURY CHAIR 1.50 X X 0 0 0 REV CRAIG F STOUT SECRETARY 1.50 X X 0 0 0 JACKSON E REASOR JR VICE CHAIR 1.50 X X 0 0 0 JOHN P BECKETT JR TRUSTEE 1.50 X 0 0 0 REV RODNEY J HALE TRUSTEE 1.50 X 0 0 0 DAVID T LARIMER II TRUSTEE 1.50 X 0 0 0 WILLIAM S WINFREY II TRUSTEE 1.50 X 0 0 0 TERRI N COLE TRUSTEE 1.50 X 0 0 0 THOMAS R SCOTT JR TRUSTEE 1.50 X 0 0 0 DAVID KIRK TRUSTEE 1.50 X 0 0 0 MICHAEL A WADE TRUSTEE 1.50 X 0 0 0 DR JERRY TURLEY TRUSTEE 1.50 X 0 0 0 PHYLLIS MARCOM TRUSTEE 1.50 X 0 0 0 DR JEFFREY BLOOMER TRUSTEE 1.50 X 0 0 0 BRANDON CALDWELL TRUSTEE 1.50 X 0 0 0 JULIE JOHNSON TRUSTEE 1.50 X 0 0 0 JOHN ROCOVICH JR TRUSTEE 1.50 X 0 0 0 DIXIE TOOKE-RAWLINS TRUSTEE 1.50 X 0 0 0 LAMONT WOODS TRUSTEE 1.50 X 0 0 0 RON HALL TRUSTEE 1.50 X 0 0 0 BOB HOUCK TRUSTEE 1.50 X 0 0 0 STEVE BICKFORD TRUSTEE 1.50 X 0 0 0 DAVID OLIVE PRESIDENT 50.00 X 192681 0 15806 MARY RUTH BLANKENSHIP VP FOR FINANCE AND ADMINISTRATION 50.00 X 120589 0 5436 PAUL LAMBERT CHIEF INFORMATION OFFICER/ASSOCIATE VP FOR FINANCE 50.00 X 99958 0 7445 TONIA WALKER VICE PRESIDENT FOR INTERCOLLEGIATE ATHLETICS 50.00 X 92436 0 10330 MARSHALL FLOWERS VP FOR ACADEMIC AFFAIRS & ATHLETICS 50.00 X 89552 0 19299 JOSHUA CLINE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT 50.00 X 85256 0 14059 JOSHUA ARNOLD VP FOR ENROLLMENT MANAGEMENT & STUDENT DEVELOPMENT 50.00 X 68575 0 7436 DARWIN HOOD VP FOR ENROLLMENT MANAGEMENT 50.00 X 22848 0 1837 771895 0 81648 2 0 1 0 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICES 1009075 A BOOK COMPANY 28312 NETWORK PLACE CHICAGO IL 60673 TEXT BOOKS 550304 DCISHIRES INC PO BOX 1259 BLUEFIELD WV 24701 CONSTRUCTION 414816 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 373813 JENZABAR INC PO BOX 845588 BOSTON MA 02284 SOFTWARE 182522 11 10775 2843481 3580141 343263 6434397 TUITION AND FEES 611310 19283087 19283087 HOUSING AND BOARD SERVICES 611710 2641843 2641843 SPECIAL EVENTS 611710 104424 104424 CAMPUS STORE/TEXTBOOK SALE 611710 52852 52852 OTHER 611710 49170 49170 22131376 126551 -897 127448 187929 0 187929 187929 187929 1805 10775 3300 -1495 -1495 GAIN ON DEBT FORGIVENESS 900099 3000000 3000000 OTHER 611710 -1491257 -1491257 1508743 30387501 23640119 -897 313882 7211419 7211419 8667940 7493168 886933 287839 1812073 1381198 430875 21476 21476 1404651 375011 1024473 5167 195152 139983 51057 4112 1919979 1756206 163773 594784 563382 23968 7434 503240 503240 1370453 1329339 41114 437099 365150 71949 OTHER 3001898 2468106 492464 41328 STUDENT MEAL PLAN 966796 966796 PRINTING AND PUBLICATIO 123176 77347 21647 24182 POSTAGE 19575 6770 12805 28249711 24637115 3242534 370062 8388 8388 598107 274140 3711313 4035929 687373 2322649 41168 12068 286362 237428 40010773 20436471 18661397 19574302 7687411 6707650 757477 285717 32438996 33458271 1485638 1285336 59639 47840 11757487 12714466 1684050 500000 645455 995946 15632269 15543588 X 3664810 4986074 13141917 12928609 16806727 17914683 32438996 33458271 2137790 -1029834 0 X X 0 1 X 1 1 1 X 3445827 2664652 4216220 3173928 3666779 17167406 3445827 2664652 4216220 3173928 3666779 17167406 17167406 193765 383811 117488 135763 126551 957378 920 0 920 111489 214474 262559 -208257 1508743 1889008 20014712 67825944 0.85770 0.90260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2620 2620 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA (CICV), AN ASSOCIATION OF 28 INDEPENDENT COLLEGES AND UNIVERSITIES. CICV WORKS TO PROMOTE THE INTERESTS OF NON-PROFIT, INDEPENDENT HIGHER EDUCATION IN VIRGINIA. CICV WORKED TO INITIATE AND CONTINUES TO PROMOTE THE STATE'S NON-NEED BASED TUITION ASSISTANCE PROGRAM FOR VIRGINIA STUDENTS ATTENDING A PRIVATE INSTITUTION. ADDITIONALLY, CICV MONITORS LEGISLATIVE AND REGULATORY ACTIONS WHICH AFFECT THE MEMBERSHIP BY A PRESENCE DURING THE GENERAL ASSEMBLY SESSIONS TO REVIEW PROPOSED LEGISLATION AND INTERACT WITH VARIOUS ADMINISTRATIVE AGENCIES. CICV IS ENGAGED IN PROMOTING THE AWARENESS OF VIRGINIA'S INDEPENDENT COLLEGES TO POTENTIAL STUDENTS THROUGH PUBLICATIONS AND BY SPONSORING VA PRIVATE COLLEGE WEEK. CICV ALSO PROVIDES ANALYZED DATA TO MEMBER INSTITUTIONS AND APPROPRIATE STATE AGENCIES TO PROMOTE VENTURES WHERE EFFICIENCIES CAN BE ACHIEVED BY THE PARTICIPATION OF A GROUP OF INSTITUTIONS. THE UNIVERSITY PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2022, CICV EXPENDED APPROXIMATELY 18.32% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 8730019 706709 -372510 281740 8782478 6950344 413925 1670824 305074 8730019 6768569 358629 114183 291037 6950344 6818437 152047 372205 574120 6768569 6889434 175857 521917 619557 149214 6818437 0.15078 0.69830 0.15092 1 0 103333 103333 25810113 11963049 13847064 8535027 6620371 1914656 5562300 1853051 3709249 19574302 STUDENT AND OTHER DEPOSITS 574325 AMOUNTS HELD ON BEHALF OF OTHERS 77489 TRUST AND ANNUITY OBLIGATIONS 183790 POST RETIRMENT BENEFIT OBLIGATIONS 160342 995946 X 22128072 -1029834 3300 -1026534 23154606 21476 7211419 7232895 30387501 21020116 3300 3300 21016816 21476 7211419 7232895 28249711 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS ARE USED PRIMARILY FOR SCHOLARSHIPS AND RESTRICTED PROGRAM PURPOSES. THE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS ARE USED TO SUPPORT THE OPERATING BUDGET. PART X, LINE 2: THE FEDERAL FORM 990S OF THE UNIVERSITY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 3,300. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 7,211,419. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FOR GOLF TOURNAMENT 3,300. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 7,211,419. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BLUEFIELD UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE UNIVERSITY IS NOT REQUIRED TO PUBLISH ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE NEWSPAPER OR THE BROADCAST MEDIA. AS REQUIRED BY REVENUE PROCEDURE 75-50, BLUEFIELD UNIVERSITY INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE AMOUNT BLUEFIELD UNIVERSITY RECEIVES FROM GOVERNMENTAL AGENCIES FOR FINANCIAL ASSISTANCE IS FOR STUDENT FINANCIAL AID. THE FINANCIAL AID IS AWARDED TO STUDENTS ACCORDING TO FEDERAL AND INSTITUTIONAL GUIDELINES. 1 DONOR RESTRICTED (FUNDED) SCHOLARSHIPS AND FINANCIAL AID 229 1004016 SEOG - FEDERAL SUPPLEMENTAL GRANTS 98 75863 COLLEGE DESIGNATED (UNFUNDED) SCHOLARSHIPS AND FINANCIAL AID 1098 6131540 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON EITHER THE SPECIFIC CRITERIA OF THE SCHOLARSHIP FUNDING, ACADEMIC MERIT, OR TALENT. THE UNIVERSITY'S FINANCIAL AID OFFICE MONITORS SCHOLARSHIP FUND AVAILABILITY, MAKES SCHOLARSHIP AWARDS, AND MAINTAINS AN ON-GOING AWARENESS OF STUDENT ELIGIBILITY FOR SCHOLARSHIPS. X X 0 0 X X 0 0 0 0 0 0 0 0 0 DAVID OLIVE PRESIDENT 192681 0 0 0 0 0 0 0 15806 0 208487 0 0 0 PART I, LINE 1B PART I, LINE 1B ALTHOUGH A WRITTEN POLICY DOES NOT EXIST, THE UNIVERSITY'S BOARD APPROVES THE HOUSING ALLOWANCE AND SOCIAL CLUB PAYMENTS. SOCIAL CLUB PAYMENTS ARE SUPPORTED BY INVOICES AND ARE PROCESSED THROUGH THE UNIVERSITY'S ACCOUNTS PAYABLE PROCESS. THE HOUSING ALLOWANCE IS ALSO SUPPORTED BY WRITTEN DOCUMENTATION. 4840 TUITION REMISSION X 680 FMV X 5 86171 AVG HIGH/LOW AT TRANSFER X 1 250000 APPRAISAL X MEALS 24 4380 FMV X MISCELLANEOUS 14 2032 FNV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO AND DISCUSSED WITH THE BOARD'S FINANCE COMMITTEE PRIOR TO FILING. THE AUTHORITY TO REVIEW AND APPROVE THE 990 HAS BEEN DELEGATED TO THE FINANCE COMMITTEE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY THE BOARD CHAIR AND ASSISTANT SECRETARY. THEY ARE MAINTAINED IN AND REVIEWED BY THE PRESIDENT'S OFFICE. ANY ITEMS DISCLOSED ARE DISCUSSED WITH THE BOARD'S EXECUTIVE COMMITTEE AND DISCLOSED TO THE UNIVERSITY'S AUDITORS. EMPLOYEES CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE EMPLOYEE'S SUPERVISOR AND THE UNIVERSITY'S HUMAN RESOURCE DIRECTOR. ANY ITEMS DISCLOSED BY EMPLOYEES ARE REVIEWED BY THE PRESIDENT AND RELEVANT UNIVERSITY LEADERSHIP TEAM MEMBERS AS APPROPRIATE. EMPLOYEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE MAINTAINED IN THE HUMAN RESOURCES OFFICE. FORM 990, PART VI, SECTION B, LINE 15 BLUEFIELD UNIVERSITY REFERS TO A SALARY SURVEY BENCHMARK DATA FROM THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES (CCCU) IN ESTABLISHING THE SALARIES OF THE PRESIDENT AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 BLUEFIELD UNIVERSITY DOES NOT ROUTINELY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. INQUIRIES FROM THE PUBLIC FOR THESE DOCUMENTS ARE REVIEWED ON A CASE-BY-CASE BASIS BY THE UNIVERSITY'S LEADERSHIP TEAM TO ENSURE THAT THEY ARE RELEASED ONLY TO SATISFY LEGITIMATE REQUESTS. FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.