2021-05-17T16:53:49-05:00 2020-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2019-07-01 540568200 BLUEFIELD COLLEGE BLUE 2763263682 3000 COLLEGE AVENUE BLUEFIELD VA 24605 RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 2763263682 2021-05-17 1 MARK WOOLWINE P00647446 5404433606 2021-05-17 2019 2022-09-23 18:48:47Z RUTH BLANKENSHIP 3000 COLLEGE AVENUE BLUEFIELD VA 24605 28488784 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 22 22 398 5 -4591 -4591 2664652 4236371 24087138 23818926 383811 135368 213740 256956 27349341 28447621 7636510 7683343 0 0 9957315 10451035 0 0 320397 10274784 9374648 27868609 27509026 -519268 938595 29212834 29696010 15424836 15000803 13787998 14695207 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 15797549 7683343 20419792 STUDENT INSTRUCTION AND SCHOLARSHIPS: THE COLLEGE OFFERS INVIGORATING LIBERAL ARTS BACCALAUREATE DEGREES IN TWENTY-THREE MAJOR FIELDS OF STUDY, TWENTY-FOUR MINOR FIELDS OF STUDY, AND AN ASSOCIATE IN GENERAL STUDIES DEGREE. STUDENTS SERVED INCLUDE TRADITIONAL STUDENTS WHO ANTICIPATE NEEDING THREE-TO-FIVE YEARS TO COMPLETE THEIR DEGREES, THE 'DEGREE COMPLETION' STUDENT WHO NEEDS FEWER CREDIT HOURS TO ACHIEVE A BACCALAUREATE DEGREE, AND THE STUDENT WHO DESIRES TO OBTAIN THE ASSOCIATE'S DEGREE ONLINE. THE COLLEGE 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, AMONG OTHERS. 5192483 STUDENT SERVICES: THE COLLEGE'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. 3083391 3658113 AUXILIARY ENTERPRISES: THE COLLEGE'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 24073423 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 398 1 1 1 0 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 GORDON W GRIMES II CHAIR 1.50 X X 0 0 0 C TODD ASBURY VICE CHAIR 1.50 X X 0 0 0 DR CHRISTOPHER E LAWSON SECRETARY 1.50 X X 0 0 0 MARTHA DODD-SLIPPY TRUSTEE 1.50 X 0 0 0 WILLIAM B BUD ACKEN TRUSTEE 1.50 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 REV CRAIG F STOUT 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 JACKSON E REASOR JR 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 SARAH J REID TRUSTEE 1.50 X 0 0 0 MICHAEL HARRIS TRUSTEE 1.50 X 0 0 0 PHYLLIS MARCOM TRUSTEE 1.50 X 0 0 0 JEFF 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 DAVID OLIVE PRESIDENT 50.00 X 192540 0 25681 MARY RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 50.00 X 114213 0 2969 DARWIN HOOD VP FOR ENROLLMENT MANAGEME 50.00 X 0 0 0 MICHAEL J WHITE FORMER VP FOR ENROLLMENT MANAGEME 50.00 X 65840 0 20140 MARSHALL FLOWERS VP FOR ACADEMIC AFFAIRS & 50.00 X 86873 0 27363 459466 0 76153 2 0 1 0 ALADIN FOOD MANAGEMENT 16567 COLLECTIONS CTR CHICAGO IL 80890 FOOD SERVICES 872658 A BOOK COMPANY 28312 NETWORK PLACE CHICAGO IL 80873 TEXT BOOKS 805626 NATIONAL MANAGEMENT PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 457500 STAMATS 615 FIFTH STREET SE CEDAR RAPIDS IA 54206 ENROLLMENT MARKETING 336705 JENZABAR PO BOX 55018 BOSTON MA 02203 COMPUTER SUPPORT 153966 10 8570 2628056 1599745 20151 4236371 TUITION AND FEES 611310 20419792 20419792 RESIDENCE HALLS 611710 1408449 1408449 DINING SERVICES 611710 1356410 1356410 COMPREHENSIVE FEE 611710 482503 482503 CAMPUS STORE/TEXTBOOK SALE 611710 73779 73779 77993 79873 -1880 23818926 170928 -2711 173639 35560 -35560 -35560 -35560 3580 8570 5603 -2023 -2023 OTHER 611710 258979 258979 258979 28447621 24079785 -4591 136056 7683343 7683343 649668 314265 335403 7987923 7134534 649775 203614 1813444 1337240 425586 50618 17880 17880 1483599 273468 1209219 912 207444 128030 72387 7027 1664964 1634780 30184 459593 426682 19489 13422 529519 516281 13238 1184087 1154485 29602 466570 364632 101938 OTHER 1919668 1767849 109286 42533 STUDENT MEAL PLAN 832038 832038 PRINTING AND PUBLICATIO 609286 505796 101219 2271 27509026 24073423 3115206 320397 7083 7182 310859 1429994 3449557 3053538 580929 646392 26649 181717 51976 39416 35220270 17844846 17744591 17375424 6358954 6236550 682236 725797 29212834 29696010 1764063 1894618 43000 75398 12975566 12474764 642207 556023 15424836 15000803 X 1680483 2932035 12107515 11763172 13787998 14695207 29212834 29696010 X 938595 -31385 X X 0 1 X 1 1 1 X 1537481 1791875 3445827 2664652 4216220 13656055 1537481 1791875 3445827 2664652 4216220 13656055 13656055 209710 218605 193765 383811 117488 1123379 -4713 -4276 920 -8069 187856 224580 111489 214474 262559 1000958 15772323 103873227 0.86580 0.84720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2015 AMOUNT: $ 192,528. 2016 AMOUNT: $ 231,168. 2017 AMOUNT: $ 117,038. 2018 AMOUNT: $ 222,209. 2019 AMOUNT: $ 262,559. FUNDRAISING EVENTS - 2015 AMOUNT: $ -4,672. 2016 AMOUNT: $ -6,588. 2017 AMOUNT: $ -5,549. 2018 AMOUNT: $ -7,735. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1111 1111 0 PART II-B, LINE 1: THE COLLEGE 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 COLLEGE PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2020, CICV EXPENDED APPROXIMATELY 7.9% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 6768569 358629 114183 649226 6592155 6818437 152047 372205 574120 6768569 6889434 175857 521917 619557 149214 6818437 6751955 140130 664581 596166 71066 6889434 6935941 72092 76953 294148 38883 6751955 0.08870 0.90750 0.00380 0 0 103333 103333 24644016 11906136 12737880 7372982 5406797 1966185 3099939 531913 2568026 17375424 STUDENT AND OTHER DEPOSITS 172166 AMOUNTS HELD ON BEHALF OF OTHERS 71777 TRUST AND ANNUITY OBLIGATIONS 147183 POST RETIRMENT BENEFIT OBLIGATIONS 164897 556023 X 20720616 -31385 -31385 20752001 17880 7677740 7695620 28447621 19813407 5603 5603 19807804 17880 7683343 7701223 27509027 PART V, LINE 4: THE COLLEGE'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 COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FUNDS HELD IN TRUST 23,122. CHANGE IN SPLIT-INTEREST AGREEMENTS -117,398. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION 62,891. ROUNDING PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 7,683,343. EXPENSES NETTED FOR GOLF TOURNAMENT -5,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FOR GOLF TOURNAMENT 5,603. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 7,683,343. 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 COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE COLLEGE IS NOT REQUIRED TO PUBLISH ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE NEWSPAPER OR THE BROADCAST MEDIA. AS REQUIRED BY REVENUE PROCEDURE 75-50, BLUEFIELD COLLEGE 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 COLLEGE 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 COLLEGE DESIGNATED (UNFUNDED) GRANTS & SCHOLARSHIPS 703 6931205 DONOR RESTRICTED (FUNDED) GRANTS & SCHOLARSHIPS 199 678763 SEOG - FEDERAL SUPPLEMENTAL GRANTS 88 73375 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON EITHER THE SPECIFIC CRITERIA OF THE SCHOLARSHIP FUNDING, ACADEMIC MERIT, OR TALENT. THE COLLEGE'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 192540 0 0 0 0 0 0 0 25681 0 218221 0 0 0 PART I, LINE 1B PART I, LINE 1B ALTHOUGH A WRITTEN POLICY DOES NOT EXIST, THE COLLEGE'S BOARD APPROVES THE HOUSING ALLOWANCE AND SOCIAL CLUB PAYMENTS. SOCIAL CLUB PAYMENTS ARE SUPPORTED BY INVOICES AND ARE PROCESSED THROUGH THE COLLEGE'S ACCOUNTS PAYABLE PROCESS. THE HOUSING ALLOWANCE IS ALSO SUPPORTED BY WRITTEN DOCUMENTATION. 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 COLLEGE'S AUDITORS. EMPLOYEES CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE EMPLOYEE'S SUPERVISOR AND THE COLLEGE'S HUMAN RESOURCE DIRECTOR. ANY ITEMS DISCLOSED BY EMPLOYEES ARE REVIEWED BY THE PRESIDENT AND RELEVANT COLLEGE 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 COLLEGE 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 COLLEGE 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 COLLEGE'S LEADERSHIP TEAM TO ENSURE THAT THEY ARE RELEASED ONLY TO SATISFY LEGITIMATE REQUESTS. FORM 990, PART XI, LINE 9: CHANGE IN FUNDS HELD IN TRUST BY OTHERS 23,122. CHANGE IN SPLIT-INTEREST AGREEMENTS -117,398. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION 62,891. ROUNDING FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.