2016-02-18T07:49:57-06:00 2015-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2014-07-01 540568200 BLUEFIELD COLLEGE BLUE 2763263682 3000 COLLEGE DRIVE BLUEFIELD VA 24605 RUTH BLANKENSHIP VP FOR FINANCE AND ADMINISTRATION 2763263682 2016-02-12 MARK WOOLWINE P00647446 5404433606 2014 2016-08-17 19:52:53Z RUTH BLANKENSHIP 3000 COLLEGE DRIVE BLUEFIELD VA 24605 18760025 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 21 21 357 1 1744 0 4482484 1741675 15337694 16598328 460717 292393 129152 121953 20410047 18754349 4886776 5722623 0 0 7152525 6863852 0 0 342466 6024139 6129785 18063440 18716260 2346607 38089 22906831 25609421 8351544 11351683 14555287 14257738 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 10408373 5722623 14428619 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. 3284220 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. 2463579 2273708 AUXILIARY ENTERPRISES: THE COLLEGE'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 16156172 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1067 0 1 357 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 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 FINANCE ADMIN AND ADVANCEMENT 2763264556 3000 COLLEGE DRIVE BLUEFIELD VA 24605 DR DAVID L BAILEY JR CHAIR 1.50 X X 0 0 0 MRS REBECCA E BECKETT TRUSTEE 1.50 X 0 0 0 DR DAVID W DOCKERY TRUSTEE 1.50 X 0 0 0 MR GORDON W GRIMES II TRUSTEE 1.50 X 0 0 0 MR MICHAEL P HARRIS TRUSTEE 1.50 X 0 0 0 MR ROBERT A HOUCK TRUSTEE 1.50 X 0 0 0 MRS ESTELLE COOKIE JOHNSON TRUSTEE 1.50 X 0 0 0 MR J SIDNEY LANIER JR TRUSTEE 1.50 X 0 0 0 DR CHRISTOPHER E LAWSON SECRETARY 1.50 X X 0 0 0 REV JACK A MARCOM TRUSTEE 1.50 X 0 0 0 MRS SARAH J REID TRUSTEE 1.50 X 0 0 0 MR KENNETH R RUSSELL JR TRUSTEE 1.50 X 0 0 0 MRSCHARLOTTE E SACRE TRUSTEE 1.50 X 0 0 0 MR WISTAR H TRENT TRUSTEE 1.50 X 0 0 0 DR CHARLES O WARREN TRUSTEE 1.50 X 0 0 0 MR C TODD ASBURY TRUSTEE 1.50 X 0 0 0 DR THOMAS M BREWSTER VICE CHAIR 1.50 X 0 0 0 MR JOSHUA S CORNETT TRUSTEE 1.50 X 0 0 0 MRS MARTHA DODD-SLIPPY TRUSTEE 1.50 X 0 0 0 MRS PATRICIA K PATSY DOUGLAS TRUSTEE 1.50 X 0 0 0 MS JAN MERIWETHER TRUSTEE 1.50 X 0 0 0 DAVID OLIVE PRESIDENT 50.00 X 167298 0 23226 MARY RUTH BLANKENSHIP VP FOR INSTITUTIONAL ADVAN 50.00 X 87766 0 2094 DAVID TAYLOR VP FOR STUDENT DEVELOPMENT 50.00 X 68010 0 18508 RUSSELL TRENT ARGO VP FOR ENROLLMENT MANAGEME 50.00 X 85111 0 17701 LAURA WHITE VP FOR FINANCE & ADMINISTR 50.00 X 93761 0 10035 PAMELA MIMI MERRITT INTERIM VP FOR ACADEMIC AF 50.00 X 60137 0 35672 DR FRANCIS SERIO FORMER DEAN OF THE SCHOOL OF DENT 50.00 X 133829 0 3141 695912 0 110377 2 1 1 0 DCISHIRES PO BOX 1259 BLUEFIELD WV 24701 CONSTRUCTION 3339427 VALLEY SERVICES INC PO BOX 5454 JACKSON MS 392885454 FOOD SERVICE MANAGEMENT 886544 CICV BENEFITS CONSORTIUM 919 EAST MAIN ST 7TH FLOOR RICHMOND VA 23219 HEALTH, DENTAL & VISION INSURANCE 799626 ARAMARK 104 MARYANN KEYS LANE JOHNSON CITY TN 37601 MAINTENANCE MANAGEMENT 329156 RUFFALO NOEL-LEVITZ CONSULTANTS 5660 GREENWOOD PLAZA BLVD STE 300 N ENGLEWOOD CO 80111 ENROLLMENT MANAGEMENT CONSULTANTS 227277 13 6084 69287 1666304 14374 1741675 TUITION AND FEES 611310 14342574 14342574 RESIDENCE HALLS 611710 1064692 1064692 DINING SERVICES 611710 994456 994456 SPECIAL EVENTS 611710 105667 105667 CAMPUS STORE/TEXTBOOK SALE 611710 80856 80856 10083 10083 16598328 159104 1744 157360 133289 0 133289 133289 133289 23630 6084 5676 17954 17954 OTHER 611710 103999 103999 103999 18754349 16702327 1744 308603 5722623 5722623 967296 588537 378759 4687748 4000838 458460 228450 68506 36073 30488 1945 683307 410731 264441 8135 456995 325870 114472 16653 6290 6290 588858 270270 305308 13280 174189 143529 29240 1420 264965 264965 1293651 1232225 61426 354379 321287 18605 14487 371387 371387 829371 804490 24881 172243 105993 66250 OTHER 1212710 766674 436883 9153 STUDENT MEAL PLAN 726275 726275 ENTERTAINMENT 75132 15151 11038 48943 PRINTING AND PUBLICATIO 60335 49254 11081 18716260 16156172 2217622 342466 2461 6163 663500 915239 2140624 1708818 1366480 682533 26413 27715 76312 122182 28136494 13343313 11402944 14793181 6809358 6777667 418739 575923 22906831 25609421 999256 601092 151555 68827 6219798 9905467 980935 776297 8351544 11351683 X 4191535 4601883 5522485 4616689 4841267 5039166 14555287 14257738 22906831 25609421 X 38089 -291164 -44474 X X 0 1 X 1 1 1 X 1960595 3778497 2232774 4482484 1741675 14196025 1960595 3778497 2232774 4482484 1741675 14196025 14196025 243298 235028 236285 310833 157360 1182804 895 -6441 -4117 -1303 1744 -9222 48203 69323 111465 129152 121953 480096 15849703 61310854 0.89570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2010 AMOUNT: $ 48,203. 2011 AMOUNT: $ 73,591. 2012 AMOUNT: $ 115,885. 2013 AMOUNT: $ 112,969. 2014 AMOUNT: $ 103,999. FUNDRAISING EVENTS - 2010 AMOUNT: $ 0. 2011 AMOUNT: $ -4,268. 2012 AMOUNT: $ -4,420. 2013 AMOUNT: $ 16,183. 2014 AMOUNT: $ 17,954. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1212 1212 0 PART II-B, LINE 1: THE COLLEGE IS A MEMBER OF THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA (CICV), AN ASSOCIATION OF 27 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, 2015, CICV EXPENDED APPROXIMATELY 11.71% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 7063694 199063 -5076 286954 34786 6935941 6141232 424936 796331 272077 26728 7063694 5741221 105316 563060 242181 26184 6141232 5346232 564967 115858 261598 24238 5741221 4683102 59889 910753 285517 21995 5346232 0.10120 0.72650 0.17230 0 0 103333 103333 20934523 9133509 11801014 4876290 3093599 1782691 2222348 1116205 1106143 14793181 STUDENT AND OTHER DEPOSITS 296115 AMOUNTS HELD ON BEHALF OF OTHERS 66061 TRUST AND ANNUITY OBLIGATIONS 98050 POST RETIRMENT BENEFIT OBLIGATIONS 316071 776297 X 12689798 -291164 -44474 -335638 13025436 6290 5722623 5728913 18754349 12987347 0 12987347 6290 5722623 5728913 18716260 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 FOR FISCAL YEARS 2014, 2013, AND 2012 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 -1,164. CHANGE IN SPLIT-INTEREST AGREEMENTS -201,053. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION 157,743. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 5,722,623. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 5,722,623. 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. GOLF TOURNAMENT 29714 6084 23630 600 930 3506 640 29714 6084 23630 600 930 3506 640 5676 17954 1 COLLEGE DESIGNATED (UNFUNDED) GRANTS & SCHOLARSHIPS 657 4843093 DONOR RESTRICTED (FUNDED) GRANTS & SCHOLARSHIPS 175 818715 SEOG - FEDERAL SUPPLEMENTAL GRANTS 85 60815 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 167298 0 0 0 0 0 3566 0 19660 0 190524 0 0 0 DR FRANCIS SERIO FORMER DEAN OF THE SCHOOL OF DENT 133829 0 0 0 0 0 1350 0 1791 0 136970 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. BENJAMIN TAYLOR CHILD OF DAVID TAYLOR, OFFICER OF THE COLLEGE 22840 DEPENDENT TUITION WAIVER SANDRA LIMA-ARGO SPOUSE OF R. TRENT ARGO, OFFICER OF THE COLLEGE 8460 DEPENDENT TUITION WAIVER LAIS LIMA-WEB CHILD OF R. TRENT ARGO, OFFICER OF THE COLLEGE 22840 DEPENDENT TUITION WAIVER MRS REBECCA E BECKETT TRUSTEE 7699069 MRS. REBECCA BECKETT'S HUSBAND IS THE SENIOR VICE PRESIDENT OF FIRST CENTURY BANK, INC., A LOCAL BANK. THE COLLEGE HAS A BANKING RELATIONSHIP WITH FIRST CENTURY BANK, INC. THE AMOUNT OF TRANSACTION PROVIDED IS THE TOTAL OF THE COLLEGE'S CASH AND INVESTMENTS AT 6/30/15 HELD BY FIRST CENTURY BANK. 0 MS CHARLOTTE E SACRE TRUSTEE 97240 MS. SACRE IS AN EMPLOYEE OF THOMPSON & LITTON, AN ENGINEERING AND ARCHITECTURE FIRM. THOMPSON & LITTON PROVIDES PROFESSIONAL SERVICES TO THE COLLEGE. THE AMOUNT OF TRANSACTION PROVIDED IS THE TOTAL PAID BY THE COLLEGE TO THOMPSON & LITTON DURING THE YEAR ENDED 6/30/15. 0 MRS PATRICIA DOUGLAS TRUSTEE 42000 MRS. DOUGLAS RENTS A BUILDING TO THE COLLEGE'S ATHLETIC DEPARTMENT. THE AMOUNT OF TRANSACTION PROVIDED IS THE AMOUNT OF RENT PAID BY THE COLLEGE FOR THE ATHLETIC DEPARTMENT. 0 FORM 990, PART VI, SECTION B, LINE 11 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 -1,164. CHANGE IN SPLIT-INTEREST AGREEMENTS -201,053. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION 157,743. FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.