2020-06-17T16:04:43-05:00 2019-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2018-07-01 550357021 DAVIS & ELKINS COLLEGE DAVI 3046371250 100 CAMPUS DRIVE ELKINS WV 26241 ROBERT HARDMAN CHIEF FINANCIAL OFFICER 3046371250 2020-06-15 1 MARK WOOLWINE P00647446 5403542119 2020-06-15 206.248.228.130 2020-06-15 08:24:56 ED P 1626BA036CF3DDA5592C13B1B33E888B46C24478 1C22F664743A6FFCDDD32FA2E40E0A43FC50EED5 2018 2020-09-23 17:36:50Z ROBERT HARDMAN 100 CAMPUS DRIVE ELKINS WV 26241 32946412 0 X WWW.DEWV.EDU X 1904 WV TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD. 24 23 780 8 616604 59710 9027125 3786789 28028055 27592955 2186490 963945 253896 599635 39495566 32943324 13407345 13448768 0 0 12471342 11192608 0 0 739077 9481744 10293474 35360431 34934850 4135135 -1991526 80439109 81571131 3406132 3335368 77032977 78235763 TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD. 0 0 30350941 13448768 27575986 EDUCATION - PROVIDE HIGHER EDUCATION TO STUDENTS. 30350941 1 1 0 0 0 0 0 1 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 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 780 1 1 1 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 0 0 X THE ORGANIZATION 3046371243 100 CAMPUS DRIVE ELKINS WV 262413996 MR CHRIS A WOOD PRESIDENT 37.50 X X 215579 0 28184 MR WILLIAM W NUTTALL CHAIR OF THE BOARD 1.00 X X 0 0 0 MR MARK S BARBER VICE CHAIR 1.00 X X 0 0 0 MR DAVID H MORRISON SECRETARY 1.00 X X 0 0 0 MR JAMES BIALEK TREASURER 1.00 X X 0 0 0 MR HENRY M MOORE CHAIR EMERITUS 1.00 X 0 0 0 MR PAUL S STIRRUP CHAIR EMERITUS 1.00 X 0 0 0 MR L NEWTON THOMAS JR CHAIR EMERITUS 1.00 X 0 0 0 MR LEONARD J TIMMS JR CHAIR EMERITUS 1.00 X 0 0 0 MS BARBARA A PORTER TRUSTEE 1.00 X 0 0 0 MR BRUCE LEE KENNEDY II TRUSTEE 1.00 X 0 0 0 MR D DRAKE DOWLER TRUSTEE 1.00 X 0 0 0 MR DAVID E CUTLIP TRUSTEE 1.00 X 0 0 0 MR JAMES S MCDONNELL III TRUSTEE 1.00 X 0 0 0 MR PETER H DOUGHERTY TRUSTEE 1.00 X 0 0 0 MR ROBERT E DOUGLAS TRUSTEE 1.00 X 0 0 0 MR ROBERT T GREGORY TRUSTEE 1.00 X 0 0 0 MR WENDELL M CRAMER TRUSTEE 1.00 X 0 0 0 MR WILLIAM S MOYER TRUSTEE 1.00 X 0 0 0 MR WILLIAM N JOHNSTON TRUSTEE 1.00 X 0 0 0 MS JOYCE B ALLEN TRUSTEE 1.00 X 0 0 0 MS JUNE B MYLES TRUSTEE 1.00 X 0 0 0 MS NANCY EVANS-BENNETT TRUSTEE 1.00 X 0 0 0 REV EDWARD J THOMPSON TRUSTEE 1.00 X 0 0 0 MS ELAINE H CHRIST TRUSTEE 1.00 X 0 0 0 ROBERT J PHILLIPS VP FOR ACADEMIC AFFAIRS 37.50 X 117500 0 26614 ROSEMARY M THOMAS ENROLLMENT MGT & INST ADV. 37.50 X 141500 0 14053 SCOTT D GOODARD VP FOR STUDENT AFFAIRS 37.50 X 90500 0 14630 ROBERT O HARDMAN VP FOR BUSINESS ADMIN 37.50 X 90298 0 13072 JAMIE R JOSS ATHLETIC DIRECTOR 37.50 X 75580 0 7254 730957 0 103807 3 0 1 0 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE SERIVCES 1131436 MILLS GROUP LLC 63 WHARF ST SUITE 300 MORGANTOWN WV 26501 ARCHITECTURAL DESIGN 468531 MURRAY SHEET METAL 3112 NORTHWESTERN PIKE PARKERSBURG WV 26104 ROOFING COMPANY 416730 CASTO TECHNICAL SERVICES PO BOX 627 CHARLESTON WV 25322 NETWORK AND IT UPGRADES 334743 CREDO LLC 940 GOLF HOUSE ROAD 200 WHITSETT NC 27377 CONSULTING SERVICES 182832 5 1502535 2284254 172654 3786789 TUITION AND FEES 611310 21328709 21328709 AUXILIARY ENTERPRISE REVENUE 611710 6264246 5647642 616604 27592955 967033 967033 3088 -3088 -3088 -3088 OTHER INCOME 900099 599635 599635 599635 32943324 27575986 616604 963945 13448768 13448768 846795 385634 258590 202571 8026832 6949157 830175 247500 258898 182620 69588 6690 1484067 1046824 398884 38359 576016 406308 154812 14896 207416 207416 105689 7039 97592 1058 1601867 1538466 43404 19997 1158107 1053116 77067 27924 698388 643848 32002 22538 31226 20920 5310 4996 2009642 1774458 190386 44798 CONTRACT SERVICES 2842942 1880665 941129 21148 MISCELLANEOUS 878954 461067 383585 34302 EQUIPMENT RENTAL AND MA 464968 406687 57957 324 PRINTING & PUBLICATIONS 151115 111749 2304 37062 143160 33615 94631 14914 34934850 30350941 3844832 739077 1871547 1894474 7612644 7075684 1839532 1854126 314381 193729 61826 47980 70271378 44325491 25249828 25945887 36760700 40914444 3933248 747248 2795403 2897559 80439109 81571131 1497432 1650273 1175700 689372 275424 557364 457576 438359 3406132 3335368 X 31656358 30523926 18579797 20149783 26796822 27562054 77032977 78235763 80439109 81571131 X -1991526 3079982 114331 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 742761 X X 0 43703172 352512 3909569 573735 1055189 741399 45594930 40984151 794139 3143494 568188 752046 -101622 43703172 37007298 324698 4725405 475126 628947 -30823 40984151 36252662 3284129 -1215860 319725 568643 425265 37007298 32545922 3295235 1037843 249574 467515 -90751 36252662 0.15300 0.60210 0.24490 1 0 1203739 1203739 53608603 33535613 20072990 9980218 8576085 1404133 5478818 2213793 3265025 25945887 OBLIGATIONS UNDER SPLIT INTEREST AGREEMENTS 109963 RESTRICTED DEPOSITS HELD BY TRUSTEE 328396 438359 X 22481453 3079982 114331 3194313 19287140 207416 13448768 13656184 32943324 21278667 0 21278667 207416 13448768 13656184 34934851 PART III, LINE 4: THE COLLEGE HAS RECEIVED A NUMBER OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ITEMS AS GIFTS FROM DONORS. THESE ITEMS ARE HELD BY THE COLLEGE AS A COMPONENT OF ITS LAND, BUILDINGS AND EQUIPMENT AND USED FOR PUBLIC EXHIBITION AND PRESERVATION FOR FUTURE GENERATIONS. AMONG THE COLLEGE'S WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS ARE COLLECTIONS CONSISTING OF THE FOLLOWING ITEMS: EARLY AMERICAN AND CIVIL WAR ERA PERSONAL MILITARY ANTIQUES SUCH AS POWDER HORNS, RIFLES, PISTOLS, SABORS, UNIFORM ITEMS, ETC. NATIVE AMERICAN RELICS, ARTIFACTS AND WEAPONRY EARLY AMERICAN AND NATIVE AMERICAN PEWTER PRESIDENT LINCOLN BOOKS AND MEMORABILIA WEST VIRGINIA STATE BOOKS AND MEMORABILIA PAINTINGS BY VARIOUS ARTISTS WEST VIRGINIA BLUE BOOKS COLLECTION ARTHUR FOSTER CYPRIOT BRONZE AGE CERAMIC COLLECTION SWEENEY COLLECTION OF CERAMIC ARTIFACTS DATING FROM ANCIENT EGYPTIAN DYNASTY TO THE MEXICAN MAYAN CULTURE PATTY LOMAN COLLECTION OF TRADITIONAL MUSICAL INSTRUMENTS ROMAN COIN COLLECTIONS STIENWAY PIANOS FOSSIL COLLECTIONS THESE WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ITEMS SERVE TO ENHANCE THE COLLEGE'S LIBERAL ARTS EMPHASIS. PART V, LINE 4: TO GENERATE INCOME THROUGH INVESTMENT OF CORPUS THAT PROVIDES FOR FINANCIAL AID REWARDS TO STUDENTS BASED ON DONOR STIPULATIONS AND ASSISTANCE FOR OTHER PROGRAMS AND FACILITY OPERATION AS DETERMINED BY THE COLLEGE'S ADMINISTRATION IN ADHERENCE TO RESTRICTIONS, IF ANY, PLACED BY THE DONOR. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 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 VALUE SPLIT INTEREST 114,331. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 13,448,768. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS 13,448,768. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DAVIS AND ELKINS COLLEGE IS COMMITTED TO ASSURING EQUAL OPPORTUNITY TO ALL PERSONS AND (AS REQUIRED BY TITLE IX OF THE EDUCATION AMENDMENT OF 1972, SECTION 504 OF THE ACT OF 1973 AND OTHER APPLICABLE STATUTES) DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, RELIGION, ANCESTRY, NATIONAL ORIGIN, AGE, SEXUAL ORIENTATION, OR HANDICAP IN ITS EDUCATIONAL PROGRAMS, ACTIVITIES, ADMISSIONS OR EMPLOYMENT PRACTICES. INQUIRIES CONCERNING TITLE IX AND/OR 504 COMPLIANCE SHOULD BE REFERRED TO THE COLLEGE TITLE IX COORDINATOR, DAVIS AND ELKINS COLLEGE, 100 CAMPUS DRIVE, ELKINS, WV 26241-3996, OR SECTION 504 COORDINATOR, DAVIS AND ELKINS COLLEGE, 100 CAMPUS DRIVE, ELKINS, WV 26241-3996. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FINANCIAL AID IN THE FORM OF FEDERAL FAMILY EDUCATION LOANS, FEDERAL PERKINS LOANS, FEDERAL PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL WORK-STUDY, AND UPWARD BOUND GRANTS, MOST OF WHICH IS PASSED THROUGH TO STUDENTS. STUDENT FEDERAL AID GRANTS: FEDERAL WORK-STUDY PROGRAM $172,048; FSEOG $131,467; ACA PELL, FPERK, FSEOG, FWS $18,479; DIRECT FEDERAL PROGRAM GRANTS: TRIO - UPWARD BOUND RBT/P&P - US DEPARTMENT OF EDUCATION $682,924; TRIO - VETERANS UPWARD BOUND - US DEPARTMENT $384,816; TRIO - INDRECT COSTS $64,677; TRIO - USDA SUMMER FOOD PROGRAM $12,445; OTHER DIRECT FEDERAL PROGRAM GRANTS $10,149; FEDERAL PASS-THROUGH GRANTS: NATIONAL ENDOWMENT FOR THE HUMANITIES $20,000; OTHER STATE FUNDED GRANTS $5,531; TOTAL GRANT MONIES $1,502,535 1 SCHOLARSHIPS AND DISCOUNTS 765 1114309 12202492 AID SEOG 412 131967 GRANT PART I, LINE 2: GRANTS ARE MONITORED BY THE BUSINESS OFFICE AND OTHER VARIOUS AREAS. FINANCIAL AID GRANTS ARE MONITORED BY THE FINANCIAL AID OFFICE TO ENSURE COMPLIANCE WITH ELIGIBILITY, SELECTION, AND DISTRIBUTION. DOCUMENTATION IS MAINTAINED AND AUDITED ANNUALLY. OTHER DEPARTMENT GRANTS ARE MONITORED BY THE DEPARTMENT CHAIR AND THE BUSINESS OFFICE TO ENSURE THAT EXPENDITURES COMPLY WITH GRANT REQUIREMENTS AND ARE NOT DIVERTED FOR OTHER USES. X 1 1 X X 0 0 0 0 0 0 0 0 0 MR CHRIS A WOOD PRESIDENT 195417 0 0 0 20162 0 4885 0 23299 0 243763 0 0 0 ROSEMARY M THOMAS ENROLLMENT MGT & INST ADV. 141500 0 0 0 0 0 3538 0 10515 0 155553 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDES THE PRESIDENT AND CHIEF OPERATING OFFICER WITH HOUSING AND A VEHICLE. DOROTHY WAMSLEY TRUSTEE EMERITUS 7771 FAMILY CONTROL. DOROTHY WAMSLEY'S SPOUSE IS THE OWNER OF COLONIAL COURT SERVICE STATION, WHO THE COLLEGE USES FOR REPAIRS AND MAINTENANCE ON VEHICLES. 0 JOYCE ALLEN TRUSTEE 15425 FAMILY CONTROL. JOYCE ALLEN'S IMMEDIATE FAMILY OWNS J.F ALLEN, WHO THE COLLEGE CONTRACTS WITH FOR VARIOUS CAPITAL PROJECTS. 0 CHRIS WOOD PRESIDENT 48838 SIBLING MANAGER. CHRIS WOOD'S BROTHER IS A MANAGER AT ELECTRONIC SPECIALTY WITH THEIR AUDIO AND VISUAL DEPARTMENT, WHO THE COLLEGE CONTRACTS WITH IN REGARDS TO CAPITAL UPGRADES. 0 X 4 2943 DONOR VALUE X 204 DONOR VALUE X 1 13705 DONOR VALUE X 21 129157 AVE HIGH/LOW AT TRANSFER X HEARTHSTONE RENOVATIONS 1 14650 DONOR VALUE X FURNISHINGS 7 5539 DONOR VALUE X SUPPLIES 9 4098 DONOR VALUE X MISCELLANEOUS ITEMS 2 2358 DONOR VALUE 0 0 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE FINANCIAL OVERSIGHT COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD ARE EXPECTED TO AVOID CONFLICTS OF INTEREST RISING FROM THEIR PERSONAL AND BUSINESS AFFILIATIONS IN THEIR RESPONSIBILITY TO THE DAVIS & ELKINS COLLEGE BOARD. INDIVIDUALS WILL NOT BE CONSIDERED FOR BOARD MEMBERSHIP IF THERE IS AN OBVIOUS CONFLICT; HOWEVER, IF ISSUES ARISE DURING THE SERVICE OF A BOARD MEMBER, THE MEMBER SHALL RECUSE HIM OR HERSELF FROM ANY VOTE THAT WOULD REPRESENT A CONFLICT OF INTEREST. AT THE ANNUAL MEETING ALL BOARD MEMBERS ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST FORM. THIS SAME FORM IS FURNISHED TO ALL FACULTY AND SENIOR ADMINISTRATIVE PERSONNEL. UPON RECEIPT OF EXECUTED FORMS THE AUDIT COMMITTEE REVIEWS THE COMPLETED FORMS AND REPORTS THE RESULTS OF THIS REVIEW TO THE ENTIRE BOARD AT THE REGULAR MEETING OF THE BOARD IN OCTOBER. POSSIBLE REPORTED CONFLICTS ARE EXPLORED ON AN INDIVIDUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT'S COMPENSATION -HE OR SHE SHALL BE ELECTED BY THE BOARD, WITH COMPENSATION FIXED BY THE BOARD, AND SHALL HOLD OFFICE AT ITS WILL. THE ANNUAL BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD AT ITS ANNUAL MEETING, THE SPRING BOARD MEETING, WOULD ESTABLISH THE COMPENSATION OF THE PRESIDENT FOR THE FUTURE FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 18 FORMS ARE AVAILABLE UPON REQUEST, NO FEE IS CHARGED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 114,331. FORM 990, PART XII, LINE 2C: HAS NOT CHANGED