ALDERSON BROADDUS UNIVERSITY INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- ALDERSON BROADDUS UNIVERSITY INC (EIN 55-0357072)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-16
- IRS object ID
- 201601379349304365
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-16T11:24:55-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 550738985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GIBBONS & KAWASH AC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 VIRGINIA ST E STE 300 | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 253012724 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550357072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALDERSON-BROADDUS UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALDE | BusinessNameControlTxt |
| Phone | 3044571700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE BOX 2004 | AddressLine1Txt |
| City | PHILIPPI | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 264166004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNIS STARK | PersonNm |
| Person Title | INTERIM CFO | PersonTitleTxt |
| Phone | 3044571700 | PhoneNum |
| Signature | 2016-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELISSA PRICE | PreparerPersonNm |
| PTIN | P00750418 | PTIN |
| Phone | 3043458400 | PhoneNum |
| Preparation | 2016-05-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DENNIS STARK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE | AddressLine1Txt |
| City | PHILIPPI | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 264166004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $35,799,801 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.AB.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1861 | FormationYr |
| Legal Domicile State | WV | LegalDomicileStateCd |
| Activity Or Mission | ALDERSON-BROADDUS UNIVERSITY IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING,COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE UNIVERSITY IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 1114 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,638,441 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,481,521 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,050,910 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,885,753 | CYProgramServiceRevenueAmt |
| PY Investment Income | $92,865 | PYInvestmentIncomeAmt |
| CY Investment Income | $97,708 | CYInvestmentIncomeAmt |
| PY Other Revenue | $323,205 | PYOtherRevenueAmt |
| CY Other Revenue | $334,819 | CYOtherRevenueAmt |
| PY Total Revenue | $34,105,421 | PYTotalRevenueAmt |
| CY Total Revenue | $35,799,801 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,993,854 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,019,127 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,507,208 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,492,930 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $584,431 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,001,335 | PYOtherExpensesAmt |
| CY Other Expenses | $13,867,927 | CYOtherExpensesAmt |
| PY Total Expenses | $36,502,397 | PYTotalExpensesAmt |
| CY Total Expenses | $38,379,984 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,396,976 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,580,183 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $69,672,594 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,716,437 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $45,158,965 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,840,691 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,513,629 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,875,746 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ALDERSON-BROADDUS UNIVERSITY IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING,COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE UNIVERSITY IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $33,130,880 | ExpenseAmt |
| Grant | $13,019,127 | GrantAmt |
| Desc | HIGHER EDUCATION PROVIDED COLLEGE LEVEL LEARNING OPPORTUNITIES (APPROX - 975 STUDENTS). | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $547,662 | ExpenseAmt |
| Desc | OTHER PROGRAM SERVICES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $547,662 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $33,678,542 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1114 | EmployeeCnt |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNIS STARK | PersonNm |
| Phone | 3044571700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE BOX 2004 | AddressLine1Txt |
| City | PHILIPPI | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26416 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per WeekAverageHoursPerWeekRt |
|---|---|---|---|---|---|---|
| MR MATTHEW G BALLARD | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| DR RONALD L BURBICK | ||||||
| BOARD CHAIR | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MR HARRY G SHAFFER III | ||||||
| SECRETARY | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DR JEAN CUNNINGHAM | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| DR THOMAS C LITWILER | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR JAMES J MORRIS | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MRS VALERIE A WOODRUFF | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MRS REBECCA HOOMAN | ||||||
| TRUSTEE/VICE | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MR VINCE COLLINS | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MRS JANE HARKINS | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS HECKMAN | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR JOHN PLANTE | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR EDWARD J KINGHORN | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR WORTH M HELMS | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MR BILL MORRISON | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR JOHN EBERT | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MRS LISA LANG | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR TIM PYNCHON | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| MR ARNOLD SCOTT | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| DR RICHARD CREEHAN | ||||||
| UNIVERSITY P | $170,000 | $0 | $12,222 | Yes (X) | 40.00 | |
| BRUCE BLANKENSHIP | ||||||
| VP BUS. & FI | $91,000 | $0 | $10,121 | Yes (X) | 40.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $261,000 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $22,343 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| 9801 WASHINGTON BOULEVARD | GAITHERSBURG | MD | 20878 | FOOD SRV. MGMT | $1,613,271 |
| WILLIAMS AND FUDGE | |||||
| PO BOX 11590 | ROCK HILL | SC | 29731 | COLLECTIONS | $186,557 |
| INDEPENDENT COLLEGE ENTERPRISE | |||||
| 2300 MACCORKLE AVE SE | CHARLESTON | WV | 25303 | COMPUTER SYSTEM | $173,810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $337,954 | GovernmentGrantsAmt |
| All Other Contributions | $3,143,567 | AllOtherContributionsAmt |
| Total Contributions | $3,481,521 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION & FEES | $24,782,323 | $24,782,323 |
| AUXILIARY SERVICES | $7,103,430 | $7,103,430 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,885,753 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $97,708 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $97,708 | RelatedOrExemptFuncIncomeAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,688 | TotalRevenueColumnAmt |
| Exclusion | $14,688 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $320,131 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $320,131 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $320,131 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,799,801 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,303,592 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $14,688 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,019,127 | TotalAmt |
| Program Services | $13,019,127 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,982 | TotalAmt |
| Management And General | $265,982 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,042,922 | TotalAmt |
| Program Services | $7,865,529 | ProgramServicesAmt |
| Management And General | $900,078 | ManagementAndGeneralAmt |
| Fundraising | $277,315 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,184,026 | TotalAmt |
| Program Services | $1,822,030 | ProgramServicesAmt |
| Management And General | $277,281 | ManagementAndGeneralAmt |
| Fundraising | $84,715 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,004 | TotalAmt |
| Program Services | $12,309 | ProgramServicesAmt |
| Management And General | $289,695 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,198 | TotalAmt |
| Program Services | $193,606 | ProgramServicesAmt |
| Management And General | $303,592 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,980,879 | TotalAmt |
| Program Services | $1,714,785 | ProgramServicesAmt |
| Management And General | $172,030 | ManagementAndGeneralAmt |
| Fundraising | $94,064 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,568,303 | TotalAmt |
| Program Services | $1,556,453 | ProgramServicesAmt |
| Management And General | $10,445 | ManagementAndGeneralAmt |
| Fundraising | $1,405 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,109,834 | TotalAmt |
| Program Services | $933,328 | ProgramServicesAmt |
| Management And General | $129,459 | ManagementAndGeneralAmt |
| Fundraising | $47,047 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,986,581 | TotalAmt |
| Program Services | $2,899,199 | ProgramServicesAmt |
| Management And General | $87,382 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,025,721 | TotalAmt |
| Program Services | $1,572,453 | ProgramServicesAmt |
| Management And General | $453,268 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,539 | TotalAmt |
| Program Services | $71,718 | ProgramServicesAmt |
| Management And General | $293,821 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $1,973,848 | $1,973,848 | ||
| MISCELLANEOUS | $715,159 | $246,602 | $393,673 | $74,884 |
| PRINTING/PUBLICATION | $183,966 | $104,561 | $74,404 | $5,001 |
| MAINTENANCE/REPAIRS | $158,895 | $119,297 | $39,598 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Program Services | -$426,303 | ProgramServicesAmt |
| Management And General | $426,303 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,379,984 | TotalAmt |
| Program Services | $33,678,542 | ProgramServicesAmt |
| Management And General | $4,117,011 | ManagementAndGeneralAmt |
| Fundraising | $584,431 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,604 | BOYAmt |
| EOY | $312,402 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,997,527 | BOYAmt |
| EOY | $5,715,534 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $422,076 | BOYAmt |
| EOY | $478,233 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,307,321 | BOYAmt |
| EOY | $2,181,140 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,992 | BOYAmt |
| EOY | $178,394 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,760 | BOYAmt |
| EOY | $189,598 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $77,890,514 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,806,773 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,532,901 | BOYAmt |
| EOY | $50,083,741 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,381,351 | BOYAmt |
| EOY | $5,137,746 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,396,062 | BOYAmt |
| EOY | $4,439,649 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,672,594 | BOYAmt |
| EOY | $68,716,437 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,803,601 | BOYAmt |
| EOY | $3,712,379 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,354 | BOYAmt |
| EOY | $460,322 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,785,000 | BOYAmt |
| EOY | $36,785,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,006,730 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $987,602 | BOYAmt |
| EOY | $940,558 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,157,408 | BOYAmt |
| EOY | $3,935,702 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,158,965 | BOYAmt |
| EOY | $46,840,691 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$2,294,482 | BOYAmt |
| EOY | -$7,335,762 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,337,505 | BOYAmt |
| EOY | $9,256,080 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,470,606 | BOYAmt |
| EOY | $19,955,428 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,513,629 | BOYAmt |
| EOY | $21,875,746 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,672,594 | BOYAmt |
| EOY | $68,716,437 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,580,183 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $90,477 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$148,177 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,841,326 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,564,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,767,976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,638,441 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,481,521 | CurrentTaxYearAmt |
| Total | $23,294,116 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,841,326 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,564,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,767,976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,638,441 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,481,521 | CurrentTaxYearAmt |
| Total | $23,294,116 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $12,450,631 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,843,485 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $259,397 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $94,998 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,367 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $92,674 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $97,708 | CurrentTaxYearAmt |
| Total | $556,144 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $23,850,260 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $123,182,388 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.45460 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,365,930 | BeginningYearBalanceAmt |
| Contributions | $163,793 | ContributionsAmt |
| Investment Earnings Or Losses | $79,874 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $17,609,597 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,900,604 | BeginningYearBalanceAmt |
| Contributions | $297,543 | ContributionsAmt |
| Investment Earnings Or Losses | $167,783 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $17,365,930 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,315,331 | BeginningYearBalanceAmt |
| Contributions | $491,833 | ContributionsAmt |
| Investment Earnings Or Losses | $93,439 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $16,900,604 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,154,650 | BeginningYearBalanceAmt |
| Contributions | $927,369 | ContributionsAmt |
| Investment Earnings Or Losses | -$763,120 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$2,003,568 | OtherExpendituresAmt |
| End Year Balance | $16,315,331 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,823,477 | BeginningYearBalanceAmt |
| Contributions | $141,372 | ContributionsAmt |
| Investment Earnings Or Losses | $2,553,330 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $363,559 | OtherExpendituresAmt |
| End Year Balance | $18,154,650 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $626,574 | OtherCostOrOtherBasisAmt |
| Book Value | $626,574 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $57,620,842 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,101,779 | DepreciationAmt |
| Book Value | $36,519,063 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,915,429 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,092,591 | DepreciationAmt |
| Book Value | $2,822,838 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,727,669 | OtherCostOrOtherBasisAmt |
| Depreciation | $612,403 | DepreciationAmt |
| Book Value | $10,115,266 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $50,083,741 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS HELD BY TRUSTEE UNDER INDEN | $2,995,362 |
| DEFERRED BONDS COSTS 2012 BOND | $1,444,287 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,439,649 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES | $3,535,505 |
| OBLIGATIONS UNDER SPLIT INT. AGREE. | $374,840 |
| CAPITAL LEASE OBLIGATIONS | $25,357 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,935,702 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $22,722,974 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $90,477 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$148,177 | OtherRevenueAmt |
| Revenue Not Reported | -$57,700 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,780,674 | RevenueSubtotalAmt |
| Other Revenues Not Included | $13,019,127 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $13,019,127 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $35,799,801 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,360,857 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $25,360,857 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $13,019,127 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,019,127 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $38,379,984 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | NET GAIN ON BENEFICIAL INTEREST IN TRUST -110,271 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -37,906 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | SCHOLARSHIPS AND AWARDS 13,019,127 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | SCHOLARSHIPS AND AWARDS 13,019,127 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | ALL GENERAL PUBLICITY REGARDING THE COLLEGE INCLUDES A STATEMENT OF OUR RACIALLY NONDISCRIMINATORY POLICY. |
| SCHEDULE E, LINE 6 | ASSISTANCE CONSISTS OF STUDENT FINANCIAL ASSISTANCE |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS FOR STUDENTS | GrantTypeTxt |
| Recipient | 969 | RecipientCnt |
| Cash Grant | $13,019,127 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | AWARDS TO STUDENTS ARE MONITORED THROUGH OUR FINANCIAL AID OFFICE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR RICHARD CREEHAN | PersonNm |
| Title | UNIVERSITY PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $170,000 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $11,900 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $322 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $182,222 | TotalCompensationFilingOrgAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILIPPI MUNICIPAL BUILDING COM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 550143590 | BondIssuerEIN |
| CUSIP | 718211AA3 | CUSIPNum |
| Bond Issued | 2012-11-30 | BondIssuedDt |
| Issue Price | $36,785,000 | IssuePriceAmt |
| Purpose | CAMPUS CONSTRUCTION PROJECTS AND REFUNDING OF PRIOR ISSUANCE | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $34,275,000 | TotalProceedsAmt |
| In Reserve Fund | $2,843,762 | InReserveFundAmt |
| Capitalized Interest | $4,786,664 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $735,700 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $24,219,312 | CapitalExpendituresAmt |
| Other Spent Proceeds | $9,443,929 | OtherSpentProceedsAmt |
| Unspent | $2,995,362 | UnspentAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| NOTE PAYABLE TO BOARD CHAIRMAN | |||||||
| BOARD CHAIRMAN | SHORT TERM CASH FLOW | Yes (X) | $600,000 | $605,444 | false | Yes (true) | Yes (true) |
| NOTE PAYABLE TO BOARD CHAIRMAN | |||||||
| BOARD CHAIRMAN | SHORT TERM CASH FLOW | Yes (X) | $400,000 | $401,286 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,006,730 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | ALDERSON-BROADDUS UNIVERSITY IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING,COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE UNIVERSITY IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER PROGRAM SERVICES |
| FORM 990, PAGE 6, PART VI, LINE 11B | AN ELECTRONIC VERSION OF THE FORM 990 WILL BE PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND ALSO TO MEMBERS OF THE BUSINESS AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO IT BEING FILED. THE FULL BOARD OF TRUSTEES WILL ALSO RECEIVE AN ELECTRONIC COPY FOR THEIR REVIEW PRIOR TO THE NEXT SCHEDULED SEMI-ANNUAL MEETING OF THAT BODY. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD SIGNS THE CONFLICT OF INTEREST POLICY FORMS ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE EXECUTIVE COMMITTE OF THE BOARD OF TRUSTEES BASED ON COMPARABILITY DATA AND INDEPENDENT CONSULTANTS WHEN AVAILABLE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FROM MEMBERS OF THE PUBLIC. |
| FORM 990, PART XI, LINE 9 | NET GAIN ON BENEFICIAL INTEREST IN TRUST -110,271 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -37,906 SCHOLARSHIPS AND AWARDS -13,019,127 SCHOLARSHIPS AND AWARDS 13,019,127 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALDERSON-BROADDUS ENDOWMENT CORP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE | AddressLine1Txt |
| City | PHILIPPI | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26416 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550652324 | EIN |
| Primary Activities | AB SUPPORT | PrimaryActivitiesTxt |
| Legal Domicile State | WV | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 9 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |