2022-05-12T13:43:19-05:00 2021-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 250 W MAIN STREET STE 1400 LEXINGTON KY 40507 990 2020-07-01 610444788 UNIVERSITY OF PIKEVILLE UNIV 6062185250 147 SYCAMORE STREET PIKEVILLE KY 41501 BARRY BENTLEY VP FINANCE & BUSINESS AFFAIRS 6062185250 2022-05-11 1 BARRY BENTLEY XXX-XX-XXXX ALLISON C CARTER P01242412 8592552341 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR BURTON WEBB 147 SYCAMORE STREET PIKEVILLE KY 41501 76149836 0 X WWW.UPIKE.EDU X 1889 KY UNDERGRADUATE AND OSTEOPATHIC MEDICAL EDUCATION OF STUDENTS PRIMARILY FROM APPALACHIA 24 23 938 23 0 0 5976287 9415091 63966999 65318763 1090541 1380882 76591 35100 71110418 76149836 12012784 11653032 0 0 27049802 28559200 0 0 1249730 29396272 28551010 68458858 68763242 2651560 7386594 162175810 170248135 101294066 97277040 60881744 72971095 X THE UNIVERSITY OF PIKEVILLE IS THE LEADING HIGHER EDUCATION INSTITUTION OF CENTRAL APPALACHIA. FOUNDED IN 1889, UPIKE REMAINS STEADFAST IN OUR COMMITMENT TO PREPARING STUDENTS FOR THE FUTURE WHILE CREATING INTELLECTUAL, CULTURAL AND ECONOMIC OPPORTUNITIES FOR APPALACHIA. MAINTAINING OUR COMMITMENT TO CHRISTIAN PRINCIPLES, UPIKE RECOGNIZES THE INFINITE WORTH OF EACH PERSON, RESPECTING A VARIETY OF RELIGIOUS EXPRESSIONS. 0 0 34382935 11653032 59600296 INSTRUCTIONAL - INCLUDES ALL ACTIVITIES THAT ARE PART OF THE INSTITUTION'S PRIMARY MISSION.SINCE ITS FOUNDING IN 1889, ALMOST 15,000 UPIKE ALUMNI HAVE GONE ON TO BECOME LEADERS IN BUSINESS, MEDICINE, EDUCATION, LAW, NURSING AND MANY OTHER FIELDS. THE UNIVERSITY OF PIKEVILLE REMAINS STEADFAST IN ITS COMMITMENT TO PREPARING STUDENTS FOR THE FUTURE WHILE CREATING INTELLECTUAL, CULTURAL AND ECONOMIC OPPORTUNITIES FOR APPALACHIA. UPIKE CREATES A PATHWAY TO HIGHER EDUCATION FOR ALL STUDENTS WHO DESIRE TO EMBARK UPON THAT JOURNEY BY ATTRACTING AND RETAINING HIGH CALIBER STUDENTS WHO WILL BE FUTURE REGIONAL, NATIONAL AND GLOBAL LEADERS. THE UNIVERSITY OFFERS 3 ASSOCIATE DEGREE PROGRAMS, 26 BACHELOR DEGREE PROGRAMS, THREE ONLINE MASTERS DEGREE PROGRAMS, AS WELL AS PROFESSIONAL DOCTORAL DEGREES IN OSTEOPATHIC MEDICINE (D.O.) AND OPTOMETRY (O.D.). 7270386 4446221 AUXILIARY ENTERPRISES - FOOD SERVICE, STUDENT, BOOKSTORE, AND PUBLIC SERVICE. 16380273 1272246 STUDENT SERVICES AND ACADEMIC SUPPORT - INCLUDES FUNDS FOR OFFICES OF ADMISSIONS AND REGISTRAR WHOSE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENT ENROLLMENT AND CLASS SCHEDULES. STUDENT SERVICES CONTRIBUTE TO THE EMOTIONAL AND PHYSICAL WELL-BEING OF THE STUDENTS. 58033594 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 270 0 1 938 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X THE ORGANIZATION 6062185250 147 SYCAMORE STREET PIKEVILLE KY 41501 BURTON J WEBB PRESIDENT 40.00 X X 337181 0 30979 TERRY L DOTSON CHAIRMAN 10.00 X 0 0 0 M LYNN PARRISH VICE CHAIRMAN 2.00 X 0 0 0 DANIEL P STRATTON SECRETARY 2.00 X 0 0 0 NANCY HORN BARKER TRUSTEE 2.00 X 0 0 0 DONALD F CECIL TRUSTEE 2.00 X 0 0 0 HARDING E DAWAHARE TRUSTEE 2.00 X 0 0 0 JOE E ELLIS OD TRUSTEE 2.00 X 0 0 0 HE MIKE GARDNER JR TRUSTEE 2.00 X 0 0 0 W ALLEN GILLUM TRUSTEE 2.00 X 0 0 0 JEAN R HALE TRUSTEE 2.00 X 0 0 0 JODY JOHNSON DO TRUSTEE 2.00 X 0 0 0 MARTIN S LEVINE DO TRUSTEE 2.00 X 0 0 0 RONALD G MCCOY OD TRUSTEE 2.00 X 0 0 0 GREGORY G PAULEY TRUSTEE 2.00 X 0 0 0 REED D POTTER JR TRUSTEE 2.00 X 0 0 0 RICHARD A STURGILL TRUSTEE 2.00 X 0 0 0 E BRUCE WALTERS II TRUSTEE 2.00 X 0 0 0 GREGORY A WILSON TRUSTEE 2.00 X 0 0 0 MARCIA CASSADY TRUSTEE 2.00 X 0 0 0 LARRY COLEMAN TRUSTEE 2.00 X 0 0 0 JOHN RASNICK TRUSTEE 2.00 X 0 0 0 RAKESH SACHDEVA TRUSTEE 2.00 X 0 0 0 LARRY FORESTER TRUSTEE 2.00 X 0 0 0 DANA SHAFFER DEAN, KYCOM 40.00 X 345920 0 31217 MICHAEL BACIGALUPI DEAN, KYCO 40.00 X 310592 0 32357 LOREDANA WERTH PROVOST 40.00 X 231181 0 30810 DAVID HUTCHENS VP FOR ADVANCEMENT & ALUMNI RELATIONS 40.00 X 216158 0 29412 BARRY BENTLEY VP FOR FINANCE AND BUSINESS AFFAIRS 40.00 X 204065 0 25130 LAURA GRIFFIN ASSOCIATE DEAN OF OPP 40.00 X 263147 0 24356 JOSHUA CRUM ASSOCIATE DEAN OF CLINICAL AFFAIRS 40.00 X 253874 0 30942 EDWARD STILES PROFESSOR OF OP&P 40.00 X 221085 0 26566 JOE KINGERY ASSOCIATE DEAN OF KYCOM 40.00 X 242695 0 30197 MICHAEL CARNES ASSOCIATE DEAN OF OP 40.00 X 219544 0 28474 2845442 0 320440 42 0 1 0 ARAMARK MANAGEMENT SERVICES PO BOX 198532 ATLANTA GA 30384 CONTRACT SERVICES 3140108 VITALSOURCE 227 FAYETTEVILLE STREET RALEIGH NC 27601 EBOOK PROVIDER 382120 ELLUCIAN LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE PROVIDER 319913 PREMIUM CONTRACTING 369 INDUSTRIAL DR PIKEVILLE KY 41501 CONSTRUCTION 261586 MATRIX INTEGRATION LLC 417 MAIN ST JASPER IN 47546 AV/IT SERVICES 199712 11 7179482 2235609 54123 9415091 TUITION & FEES 611310 59600296 59600296 AUXILIARY SERVICES 611310 4446221 4446221 OTHER STUDENT/ACADEMIC SUPPORT 611310 654730 654730 FINES & OTHER CHARGES 611310 312836 312836 SALES & SERVICES 611310 304680 304680 65318763 1380882 1380882 35100 0 35100 35100 35100 76149836 65318763 0 1415982 11653032 11653032 1906705 1018920 622899 264886 21877962 18297741 3000449 579772 1160960 975235 157200 28525 1916969 1583657 279085 54227 1696604 1381629 256401 58574 137558 33119 104439 58909 58909 101257 101257 5056273 4739615 291462 25196 341510 52716 283794 5000 143488 68422 40071 34995 1483963 1359053 118728 6182 961120 897115 20350 43655 2332185 1870142 457393 4650 6396686 5290060 1074643 31983 976049 502898 472107 1044 MATERIALS & SUPPLIES 3779601 3478770 288770 12061 FACILITIES MANAGEMENT 3436769 2842207 577378 17184 MEMBERSHIPS & SUBSCRIPT 1011123 843498 137833 29792 FEES 685074 125478 559596 1649445 1020287 577154 52004 68763242 58033594 9479918 1249730 9169855 15055105 3637767 3620879 2187841 2222772 6860834 6860834 870851 1609322 163963016 52505215 115577845 111457801 17269938 21868171 271182 248237 6329697 7305014 162175810 170248135 4987700 4426947 2514022 5420147 88541278 86878125 5251066 551821 101294066 97277040 X 32380079 40979486 28501665 31991609 60881744 72971095 162175810 170248135 X 7386594 3728564 974193 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23599634 542216 6241402 1081947 128121 29173184 23299598 217478 1165150 969687 112905 23599634 22680964 262732 1119320 675993 87425 23299598 22508800 442769 715570 875340 110835 22680964 20548584 560817 2257293 443809 298779 115306 22508800 0.08416 0.37517 0.54067 1 0 1641291 1641291 138916707 45427884 93488823 21183643 6735502 14448141 2221375 341829 1879546 111457801 ANNUITY LIABILITIES 6398 ADVANCE FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 545423 551821 69098304 3728564 974193 4702757 64395547 101257 11653032 11754289 76149836 57008953 0 57008953 101257 11653032 11754289 68763242 PART V, LINE 4: THE ENDOWMENT IS A POOL OF ASSETS THAT, AS DIRECTED BY RESTRICTIONS OF DONORS (PERMANENT ENDOWMENT) OR DECISIONS OF THE BOARD OF TRUSTEES (QUASI ENDOWMENT), IS TO BE HELD IN PERPETUITY FOR THE BENEFIT OF THE UNIVERSITY AND ITS ONGOING PROGRAMS. A KEY PART OF THE UNIVERSITY'S LONG-TERM FINANCIAL STRATEGY IS TO DEVELOP AND MAINTAIN A COMPETITIVE ADVANTAGE IN ITS CAPITAL BASE, IN PARTICULAR THE ENDOWMENT. THE BOARD STRIVES TO MEET THE CURRENT FINANCIAL NEEDS OF THE UNIVERSITY AND TO SUPPORT CURRENT OPERATIONS WITH THE LONG TERM GOAL OF DEVELOPING AND MAINTAINING A STRATEGIC ADVANTAGE COMPARED TO INSTITUTIONS WITH WHICH THE UNIVERSITY COMPETES FOR STUDENTS AND FACULTY. IN PARTICULAR, THE CONTINUED GROWTH OF THE ENDOWMENT IS THE UNIVERSITY'S STRONGEST COMPETITIVE ADVANTAGE TO FUND SCHOLARSHIPS AND FINANCIAL AID ESSENTIAL TO ATTRACT THE MOST TALENTED PROSPECTIVE STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ANNUTIY LIABILITY ADJUSTMENT -1,124. CHANGE IN INTEREST IN ASSETS HELD IN TRUST BY OTHERS 975,317. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 11,653,032. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 11,653,032. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS PRINTED IN THE UNIVERSITY HANDBOOK. EVERY STUDENT RECEIVES A COPY DURING REGISTRATION. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES NO DIRECT ASSISTANCE OR FINANCIAL AID FROM THE GOVERNMENT, HOWEVER THE UNIVERSITY DOES ACT AS A FIDUCIARY BETWEEN GOVERNMENT AGENCIES AND THE STUDENTS IT SERVES. ALL FINANCIAL AID RECEIVED BY THE UNIVERSITY IS ON BEHALF OF INDIVIDUAL STUDENTS. 1 INSTITUTIONAL SCHOLARSHIPS 1131 11653032 PART I, LINE 2: UNIVERSITY OF PIKEVILLE MONITORS THE USE OF GRANT FUNDS BY ENTERING EACH STUDENT AND THEIR INSTITUTIONAL SCHOLARSHIP ON THE UNIVERSITY'S ACCOUNTING SOFTWARE, ELLUCIAN COLLEAGUE. SCHOLARSHIPS ARE GRANTED BASED ON CRITERIA SET FORTH BY THE UNIVERSITY ADMINISTRATION AND FINANCIAL AID OFFICE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DANA SHAFFER DEAN, KYCOM 345920 0 0 0 0 0 19950 0 11267 0 377137 0 0 0 BURTON J WEBB PRESIDENT 337181 0 0 0 0 0 19950 0 11029 0 368160 0 0 0 MICHAEL BACIGALUPI DEAN, KYCO 310592 0 0 0 0 0 19950 0 12407 0 342949 0 0 0 LAURA GRIFFIN ASSOCIATE DEAN OF OPP 263147 0 0 0 0 0 18420 0 5936 0 287503 0 0 0 JOSHUA CRUM ASSOCIATE DEAN OF CLINICAL AFFAIRS 253874 0 0 0 0 0 17712 0 13230 0 284816 0 0 0 JOE KINGERY ASSOCIATE DEAN OF KYCOM 242695 0 0 0 0 0 16982 0 13215 0 272892 0 0 0 LOREDANA WERTH PROVOST 231181 0 0 0 0 0 16183 0 14627 0 261991 0 0 0 MICHAEL CARNES ASSOCIATE DEAN OF OP 219544 0 0 0 0 0 15368 0 13106 0 248018 0 0 0 EDWARD STILES PROFESSOR OF OP&P 221085 0 0 0 0 0 15476 0 11090 0 247651 0 0 0 DAVID HUTCHENS VP FOR ADVANCEMENT & ALUMNI RELATION 216158 0 0 0 0 0 15126 0 14286 0 245570 0 0 0 BARRY BENTLEY VP FOR FINANCE AND BUSINESS AFFAIRS 204065 0 0 0 0 0 14235 0 10895 0 229195 0 0 0 PART I, LINE 1A ON CAMPUS HOUSING IS PROVIDED FOR THE PRESIDENT AND CHANCELLOR OF THE UNIVERSITY FOR THE CONVENIENCE OF THE UNIVERSITY AND IS REQUIRED AS A CONDITION OF THE PRESIDENT'S EMPLOYMENT. X 30895 FMV X 5052 FMV X EQUIPMENT 5 8267 FMV X SPORTS EQUIPMENT 7 4142 FMV X MEALS 3 2355 FMV X FURNITURE 2 1490 FMV X GIFT CARDS 8 1135 FMV X TOOLS & EQUIPMENT 4 787 FMV 0 0 1 0 FORM 990, PART III, LINE 1 LOCATED IN THE HEART OF CENTRAL APPALACHIA, THE UNIVERSITY OF PIKEVILLE WAS FOUNDED BY MISSIONARIES TO EDUCATE THE "YOUTH OF THE MOUNTAINS." WITH CONSECUTIVE RECORD ENROLLMENTS, THE UNIVERSITY, OR UPIKE, IS ONE OF THE FASTEST GROWING FOUR-YEAR INSTITUTIONS IN THE SOUTH. THE COLLEGE OF ARTS AND SCIENCES, THE COLEMAN COLLEGE OF BUSINESS AND THE KENTUCKY COLLEGE OF OSTEOPATHIC MEDICINE PROVIDE EDUCATIONAL OPPORTUNITIES TO MORE THAN 2,000 STUDENTS FROM 41 STATES AND 17 COUNTRIES. FORTY-SIX PERCENT OF OUR UNDERGRADUATE STUDENTS ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE. ALMOST ALL RECEIVE SOME FORM OF FINANCIAL AID. OUR 125-YEAR HISTORY IS BUILT ON FAITH, A COMMITMENT TO STUDENT LEARNING AND SERVICE TO THE REGION. WE ARE AN OPPORTUNITY SCHOOL, PROVIDING A QUALITY, AFFORDABLE EDUCATION, MENTORING AND SUPPORT TO A DIVERSE COMMUNITY OF LEARNERS. AS A CAMPUS FAMILY, OUR MISSION HAS A SPECIAL SIGNIFICANCE. WE BELIEVE IN IT. WE LIVE IT. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD IS AUTHORIZED IN THE BYLAWS TO EXERCISE ALL THE POWERS OF THE BOARD IN ANY MATTERS OF AN EMERGENCY NATURE NOT INCONSISTENT WITH THE ACTS AND RESOLUTIONS OF THE FULL BOARD AND INSOFAR AS THEY DO NOT CONFLICT WITH THE FIXED DUTIES AND RESPONSIBILITIES OF THE OTHER STANDING COMMITTEES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B ONCE COMPLETED, THE FORM 990 IS REVIEWED BY THE BUSINESS AFFAIRS COMMITTEE WHICH THEN RECOMMENDS APPROVAL BY THE FULL BOARD. IF APPROVAL IS REQUIRED BETWEEN REGULARLY SCHEDULED BOARD MEETINGS, THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL MEMBERS WHO THEN ACKNOWLEDGE ACCEPTANCE BY RETURN EMAIL. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO CONSUMMATING A TRANSACTION OR ACTING UPON A MATTER INVOLVING THE POSSIBLE EXISTENCE OF A DUALITY OR CONFLICT OF INTEREST, THE INDIVIDUAL INVOLVED SHALL MAKE A FULL DISCLOSURE OF ALL RELEVANT FACTS. IN THE CASE OF THE PRESIDENT OF THE UNIVERSITY, SUCH DISCLOSURE WILL BE MADE TO THE CHAIRMAN OF THE BOARD OF TRUSTEES. DISCLOSURE SHALL BE MADE TO THE HUMAN RESOURCES DEPARTMENT BY OTHER EMPLOYEES WITH EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES. IN ADDITION, SUCH INDIVIDUALS SHALL PERIODICALLY REPORT IN A SIMILAR MANNER ALL AFFILIATIONS, WHETHER AS AN OWNER, DIRECTOR, OFFICER, PARTNER, MANAGEMENT EMPLOYEE, CONSULTANT OR OTHER SIGNIFICANT RELATIONSHIP INVOLVING OWNERSHIP OR GOVERNANCE, WITH ANY OTHER FOR-PROFIT OR NON-PROFIT ENTITY, (I) FROM WHICH THE UNIVERSITY OBTAINS OR MAY BE EXPECTED TO OBTAIN GOODS OR SERVICES; (II) TO WHICH THE UNIVERSITY PROVIDES OR MAY BE EXPECTED TO PROVIDE GOODS OR SERVICES; OR (III) WHICH COMPETES OR MAY BE EXPECTED TO COMPETE IN ANY RESPECT WITH THE UNIVERSITY. ANY SUCH EXISTING OR POTENTIAL RELATIONSHIP WITH A SUBSIDIARY, JOINT VENTURE OR THE LIKE SHOULD BE DISCLOSED AS WELL. THE TERM "GOODS OR SERVICES" INCLUDES COMMERCIAL, INDUSTRIAL, BANKING AND PROFESSIONAL SERVICES OR GOODS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE PERFORMANCE OF THE PRESIDENT ANNUALLY AND RECOMMENDS ANY CHANGES IN HIS COMPENSATION. TYPICALLY THEY REVIEW EXECUTIVE COMPENSATION STUDIES FROM SOURCES LIKE THE KENTUCKY COUNCIL ON POST-SECONDARY EDUCATION (CPE), CUPA-HR AND YAFFE. THE BOARDS ACTS ON THE RECOMMENDATIONS OF THE EXECUTIVE COMMITTEE BY RESOLUTION. KEY EMPLOYEES COMPENSATION IS SET UPON REVIEW OF SIMILAR STUDIES AND APPROVED BY THE BOARD AS A PART OF THE PRESIDENT'S RECOMMENDED ANNUAL BUDGET. IN ADDITION TO THE ABOVE MENTIONED STUDIES, THE COLLEGE OF OSTEOPATHIC MEDICINE REVIEWS SPECIFIC SALARY STUDIES RELATED TO MEDICAL EDUCATION IN SETTING PROFESSIONAL COMPENSATION. THESE COMPENSATION LEVELS ARE ALSO APPROVED BY THE BOARD IN APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 18 UNIVERSITY OF PIKEVILLE IS A PRIVATE INSTITUTION, AND AS SUCH, THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ONLY MADE AVAILABLE TO UNIVERSITY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FORM 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ANNUITY LIABLITY ADJUSTMENT -1,124. CHANGE IN INTEREST IN ASSETS HELD BY OTHERS 975,317. FORM 990, PART XII, LINE 2C: THE PROCESSES FOR SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT HAVE NOT CHANGED DURING THE TAX YEAR. CHARITABLE REMAINDER TRUST(1) BENEFICIAL TRUST KY N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0