2015-05-14T13:00:09-05:00 2014-06-30 CROWE HORWATH LLP 9600 BROWNSBORO ROAD SUITE 400 LOUISVILLE KY 402411122 990 2013-07-01 550356985 BETHANY COLLEGE BETH 3048297103 31 E Campus Dr BETHANY WV 260323002 EILEEN GREAF VP OF FINANCE/ CFO 2015-05-14 true RACHEL SPURLOCK P00520729 5023263996 2013 2016-02-25 16:41:14Z X SCOTT D MILLER PHD 31 E Campus Dr BETHANY WV 260323002 42646632 false X HTTP://WWW.BETHANYWV.EDU X 1840 WV TEACHING AND LEARNING FORM THE MISSION OF BETHANY COLLEGE. CENTRAL TO THIS BROAD PURPOSE IS PROVIDING A LIBERAL ARTS EDUCATION FOR STUDENTS, INCLUDING THE PREPARATION OF PROFESSIONALS, IN AN ATMOSPHERE OF STUDY, WORK AND SERVICE. 30 29 888 29 525237 0 2494172 3185329 26736174 24963579 3198727 1628142 1142343 2215371 33571416 31992421 10506051 9834721 0 0 11430642 10972990 0 0 989336 14350247 13119441 36286940 33927152 -2715524 -1934731 94979900 95205711 44610045 43067766 50369855 52137945 TEACHING AND LEARNING FORM THE MISSION OF BETHANY COLLEGE. CENTRAL TO THIS BROAD PURPOSE IS PROVIDING A LIBERAL ARTS EDUCATION FOR STUDENTS, INCLUDING THE PREPARATION OF PROFESSIONALS, IN AN ATMOSPHERE OF STUDY, WORK AND SERVICE. false false 15180626 9834721 17867832 INSTRUCTION - THE COLLEGE PROVIDES EDUCATIONAL SERVICES AND INSTRUCTION TO FULL AND PART TIME STUDENTS SEEKING A COLLEGE EDUCATION AND/OR DEGREE. SCHOLARSHIPS AND FELLOWSHIPS - THE COLLEGE PROVIDES FINANCIAL ASSISTANCE TO STUDENTS EITHER BASED ON THEIR NEED OR ACADEMIC MERIT. 9112743 6833765 ACADEMIC SUPPORT AND OTHER STUDENT SERVICES RELATED PROGRAMS - SUPPORT ACTIVITIES THROUGH THE DEANS OF VARIOUS DIVISIONS, THE LIBRARY, AND AUDIO VISUAL SERVICES. 24293369 true true false false true false true false true true true false false true true true false true false true false false false false false false false true true true false false false false false false false false false true true false false false false true true false false false true 1179 0 true 888 true true true false false false false true true false false false true false X 30 29 true false false false false false false true true false false true true true true true true true true true true X Eileen Greaf 3048297103 31 E Campus Dr Bethany WV 260323002 GREGORY JORDAN CHAIR OF THE BOARD OF TRUSTEES 5.00 X X 0 0 0 JANET LONG SECRETARY 1.00 X X 0 0 0 JOHN MULLEN TREASURER 3.00 X X 0 0 0 ROBERT MCCANN VICE CHAIR OF THE BOARD OF TRUSTEES 3.00 X X 0 0 0 SCOTT MILLER PRESIDENT 55.00 X X 373183 0 57039 ARTHUR KEYS TRUSTEE 1.00 X 0 0 0 ASA JOHNSON TRUSTEE 1.00 X 0 0 0 DOUGLAS GOIN TRUSTEE 1.00 X 0 0 0 EDWARD SEE TRUSTEE 1.00 X 0 0 0 ELIZABETH ATHOL TRUSTEE 1.00 X 0 0 0 FRED HARRIS TRUSTEE 1.00 X 0 0 0 G DANIEL MARTICH TRUSTEE 1.00 X 0 0 0 G OGDEN NUTTING TRUSTEE 1.00 X 0 0 0 G WILLIAM NEWTON TRUSTEE 1.00 X 0 0 0 GARY NOVAK TRUSTEE 1.00 X 0 0 0 GAYLE CONNELLY MANCHIN TRUSTEE 1.00 X 0 0 0 GEORGE BADO TRUSTEE 1.00 X 0 0 0 JAMES COMPANION TRUSTEE 1.00 X 0 0 0 JHAMAL ROBINSON TRUSTEE 1.00 X 0 0 0 JOYCE JEFFERSON TRUSTEE 1.00 X 0 0 0 LEWIS WHEELER TRUSTEE 1.00 X 0 0 0 LINDA LEWIS TRUSTEE 1.00 X 0 0 0 MARC CHERNENKO TRUSTEE 1.00 X 0 0 0 RICHARD CLANCY TRUSTEE 1.00 X 0 0 0 ROBERT NUTTING TRUSTEE 1.00 X 0 0 0 SCARLETT FOSTER TRUSTEE 1.00 X 0 0 0 SYLVAN HOLZER TRUSTEE 1.00 X 0 0 0 THADDEUS ALLEN TRUSTEE 1.00 X 0 0 0 W DARWIN COLLINS TRUSTEE 1.00 X 0 0 0 WILLIAM STRICKLAND TRUSTEE 1.00 X 0 0 0 EILEEN GREAF VP OF FINANCE/ CFO 50.00 X 36713 0 9600 SVEN DE JONG SENIOR VICE PRESIDENT 50.00 X 109756 0 15845 519652 0 82484 2 false true false CHARTWELLS FOOD SERVICE PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICES 2048416 BETHANY Z&A LLC 336 FOURTH AVENUE PITTSBURGH PA 15222 RENTAL PROPERTY MANAGEMENT 382052 H E NEUMANN PO BOX 6208 WHEELING WV 26003 HVAC SERVICES 270545 JEFFERSON INVESTIGATION AND SECURITY 1439 SUNSET BLVD STEUBENVILLE OH 43952 SECURITY SERVICES 221002 INDEPENDENT COLLEGE ENTERPRISE 2300 MACCORKLE AVE SE CHARLESTON WV 25304 INFORMATION TECHNOLOGY 191634 6 722813 2462516 233936 3185329 TUITION AND FEES 900099 18011452 18011452 0 0 AUXILIARY ENTERPRISES 900099 6776071 6250834 525237 ATHLETICS 900099 176056 176056 0 0 0 0 0 0 24963579 826395 0 826395 0 0 0 0 768000 0 0 768000 1184116 1184116 0 1184116 1184116 11455958 10654211 801747 0 801747 801747 0 0 0 MISCELLANEOUS REVENUE 900099 263255 263255 0 0 0 0 0 0 263255 31992421 24701597 525237 3580258 0 9834721 9834721 0 0 0 0 564029 2185 443706 118138 0 0 0 0 7734828 5427347 1956852 350629 369885 232393 112796 24696 1599221 827968 700983 70270 705027 447982 216884 40161 179605 98281 54324 27000 40251 0 40251 0 115440 0 115440 0 0 0 0 0 0 164186 164186 298278 0 298278 0 67672 44233 3538 19901 1000923 650600 300277 50046 698957 454322 209687 34948 8249 8249 3344979 2174236 1003494 167249 411998 332656 48125 31217 0 0 2128667 2128667 0 1715867 1261313 400073 54481 409686 82000 327686 FOOD COSTS 1836584 1794344 42240 SPECIAL ACTIVITIES 423011 381916 41095 EQUINE EXPENDITURES 98871 98871 LIBRARY RELATED EXPENDITURES 108044 108044 68173 31708 35865 600 33927152 24293369 8644447 989336 0 4111544 2332184 4341249 2328326 1278310 1504986 1865790 2441248 0 0 0 0 3490946 3331011 21812 23819 251227 524874 75916010 40285234 37154453 35630776 40787569 41026997 0 6061490 0 0 1677000 0 94979900 95205711 4152047 4131531 4445447 4270368 3304764 2111747 24765000 24765000 0 0 5781566 5678111 2161221 2111009 44610045 43067766 X 7118297 5721003 6093050 7677164 37158508 38739778 50369855 52137945 94979900 95205711 X -1934731 3241318 461503 X false true X true true true X 5608640 2953106 2674498 2494172 3185329 16915745 0 0 5608640 2953106 2674498 2494172 3185329 16915745 1472405 15443340 317842 1161320 1780449 2756797 2778511 8794919 0 0 25710664 129503460 0.60060 X SCHEDULE A, PART II, PUBLIC SUPPORT TEST PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3 0 0 0 4280 1554415 579505 true true X X X false 45055336 972337 5330963 681272 842388 49834976 42115716 634584 3878031 593726 979269 45055336 43954174 273844 -552350 597238 962714 42115716 41300160 350778 3898259 600638 994385 43954174 40225044 1507820 2767328 2446959 753073 41300160 0.08000 0.77000 0.15000 true false 0 469452 469452 0 61159906 30704850 30455056 0 0 0 5308910 5397629 -88719 0 8977742 4182755 4794987 35630776 0 0 OTHER SECURITIES 6061490 F 6061490 0 OBLIGATIONS UNDER SPLIT INTEREST AGREEMENTS 1800925 STUDENT AND OTHER DEPOSITS 310084 2111009 X 25860521 3241318 461503 3702821 22157700 9834721 9834721 31992421 24092431 0 0 24092431 9834721 9834721 33927152 Schedule D, Part III, Line 1a, Collections of art - financial statement footnote THE EXEMPT PURPOSE OF THE COLLECTIONS IS THE ADVANCEMENT OF EDUCATION. THE COLLEGE'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THESE ITEMS ARE CATALOGED, PRESERVED AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4, Collections of art - description of collections THE EXEMPT PURPOSE OF THE COLLECTIONS IS THE ADVANCEMENT OF EDUCATION. THE COLLEGE'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS ARE CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4, Intended uses of endowment funds THE COLLEGE'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR THE SUPPORT OF THE COLLEGE'S MISSION. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE COLLEGE TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OF ABSENCE OF DONOR-IMPOSED RESTRICTIONS. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote THE COLLEGE HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. AS A RESULT, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. HOWEVER, TO THE EXTENT THAT SOME AUXILIARY REVENUES EXCEED EXPENSES, THEY ARE CONSIDERED UNRELATED BUSINESS INCOME AND SUBJECT TO TAXES. THE COLLEGE FOLLOWS THE PROVISIONS OF CODIFICATION TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE'S STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2014 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE COLLEGE BELIEVES IT HAS NO UNRECOGNIZED TAX BENEFITS. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2011. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 258684; CHANGE IN VALUE OF BENEFICIAL INTEREST TRUSTS - 202819; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements SCHOLARSHIPS & AWARDS - 9834721; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements SCHOLARSHIPS & AWARDS - 9834721; true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy BETHANY COLLEGE ADMITS STUDENTS OF ANY RACE, COLOR, SEX, GENDER, RELIGION, SEXUAL ORIENTATIONS, DISABILITY, VETERAN STATUS AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY AFFORDED OR MADE AVAILABLE TO STUDENTS. THE COLLEGE INCLUDES THE NON-DISCRIMINATION POLICY IN PRINTED AND WEB-BASED RECRUITMENT AND REGISTRATION MATERIALS. Schedule E, Part I, Line 6a, Financial aid or assistance from a governmental agency ASSISTANCE CONSISTS OF STUDENT FINANCIAL ASSISTANCE RECEIVED FROM THE DEPARTMENT OF EDUCATION, PELL, SEOG AND COLLEGE WORK STUDY. THE COLLEGE'S RIGHT TO SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 3241000 3241000 true false true false false false Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL true STUDENT SCHOLARSHIPS AND AWARDS 673 9834721 STUDENT SCHOLARSHIP AND AWARDS Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM BETHANY COLLEGE ARE MONITORED TO ENSURE THAT THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE DESIGNATION OF THE AWARD. PERIODIC RECONCILIATIONS (MONTHLY AND ANNUAL) ARE PERFORMED, EXCEPTION REPORTS ARE REVIEWED AND GENERATED, AND SEGREGATION OF DUTIES EXISTS BETWEEN AWARDING, POSTING TO STUDENT ACCOUNTS AND DRAWING DOWN OF FUNDS. X X X X true true X X X X X false false false false false false false false false SCOTT MILLER PRESIDENT 275512 0 96429 0 1242 0 20663 0 36376 0 430222 0 0 0 Schedule J, Part I, Line 1a, Travel for companions TRAVEL EXPENSES FOR THE PRESIDENT'S SPOUSE ARE ONLY PROVIDED WHEN THE TRAVEL AND RELATED EVENTS REQUIRE THE PRESENCE OF HIS SPOUSE FOR BUSINESS PURPOSES. AS SUCH, THESE ARE CONSIDERED TO BE NONTAXABLE. Schedule J, Part I, Line 1a, Discretionary spending account THE DISCRETIONARY SPENDING ACCOUNT IS USED ONLY FOR BUSINESS PURPOSES. AS SUCH, THESE ARE CONSIDERED TO BE NONTAXABLE. Schedule J, Part I, Line 1a, Housing allowance or residence for personal use HOUSING IS CONSIDERED NONTAXABLE PURSUANT TO IRS SECTION 119 BECAUSE RESIDING ON-CAMPUS IS A REQUIRED CONDITION OF EMPLOYMENT. Schedule J, Part I, Line 1a, Health or social club dues or initiation fees THE SOCIAL CLUB MEMBERSHIP IS PROVIDED FOR BUSINESS PURPOSE USE. THE PRESIDENT REIMBURSES THE COLLEGE FOR ANY AND ALL INCIDENTAL PERSONAL USE. AS SUCH, THESE ARE CONSIDERED TO BE NONTAXABLE. A THE COUNTY COMMISSION OF BROOKE COUNTY 556000302 112512AC0 2011-07-01 24765000 REFINANCING AND CAPITAL IMPORVEMENTS false false false A 0 0 24765000 2467689 0 0 439811 0 0 150000 0 0 2013 true false true true A false false false false 0.00000 0.00000 0.00000 false false A true true false 0.0 false 0.0 false true A true UBS WEALTH MANAGEMENT AMERICAS CEO OF UBS WEALTH MANAGEMENT AMERICAS, ROBERT MCCANN, IS AN OFFICER AND DIRECTOR OF THE ORGANIZATION 164186 INVESTMENT SERVICES false X 2358 MARKET VALUE X 11280 227117 MARKET VALUE X FOOD & BEVERAGE 4 2181 MARKET VALUE X TRANSPORTATION 2 780 MARKET VALUE X PHOTOGRAPHY SERVICES 1 1050 MARKET VALUE X MUSICAL EQUIPMENT - SPEAKERS 1 450 MARKET VALUE 0 false true false Schedule M, Part I, Explanations of reporting method for number of contributions BOOKS AND PUBLICATIONS: TOTAL NUMBER OF ITEMS RECEIVED SECURITIES - PUBLICLY TRADED: 11,280 IS THE TOTAL NUMBER OF SHARE CONTRIBUTED OTHER: 4 IS THE TOTAL NUMBER OF CONTRIBUTIONS OTHER: TWO IS THE TOTAL NUMBER OF CONTRIBUTIONS OTHER: ONE IS THE TOTAL NUMBER OF CONTRIBUTIONS OTHER: TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line 4, Number of contributions or items contributed. TOTAL NUMBER OF ITEMS RECEIVED Schedule M, part I, column (b), Line 9, Number of contributions or items contributed. 11,280 IS THE TOTAL NUMBER OF SHARE CONTRIBUTED Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=FOOD & BEVERAGE : 4 IS THE TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=TRANSPORTATION : TWO IS THE TOTAL NUMBER OF CONTRIBUTIONS FORM 990, PART VI, LINE 1A, VOTING RIGHTS THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES ON THE BETHANY COLLEGE BOARD OF TRUSTEES WITH NO VOTING RIGHTS: REV. WILLIAM BURWELL ALLEN, O. JOHN ALPIZAR, FREDERICK D. BLOEMEKE, WALTER M. BORTZ, III, NEIL CHRISTMAN, JAMES LEE COLLINS, DOUGLAS DANFORTH, GEORGE M. DAVIS, ROBERT W. EWING, JR., RODNEY B. HURL, THOMAS P. JOHNSON, JR. HARRY MARTENS, EUGENE MILLER ROBERT PONTON, ANN, C. PRESTON, JOHN W. RENNER, WILLIAM S. RYAN, ROBERT A. SANDERCOX, AND HAROLD R. WATKINS. Form 990, Part VI, Sec A, Line 2, Family/business relationships amongst interested persons G. NUTTING AND R. NUTTING - FAMILY RELATIONSHIP Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE FORM 990 IS REVIEWED IN DEPTH BY THE PRINCIPAL OFFICERS AND ACCOUNTING STAFF OF THE INSTITUTION. IT IS ALSO SHARED WITH ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy PURSUANT TO ARTICLE IX OF THE BY-LAWS OF THE BOARD OF TRUSTEES OF BETHANY COLLEGE, ALL BOARD MEMBERS ARE OFFICERS OF BETHANY COLLEGE, AS WELL AS THE ASSISTANT SECRETARY OF THE BOARD ARE GIVEN A CONFLICT OF INTEREST DISCLOSURE SURVEY WHICH THEY MUST SUBMIT AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES (USUALLY IN MAY). THE RESPONSES ARE MONITORED BY THE ASSISTANT SECRETARY TO THE BOARD OF TRUSTEES. A LIST OF POTENTIAL CONFLICTS IS REPORTED TO THE PRESIDENT OF THE COLLEGE WHO IN TURN SUBMITS THE REPORT TO THE OFFICERS OF THE BOARD AND THE COLLEGE'S EXTERNAL AUDITING FIRM FOR REVIEW. TRUSTEES WITH CONFLICT OF INTEREST ABSTAIN FROM VOTING. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official THE PRESIDENT IS EVALUATED IN AN EXECUTIVE SESSION; AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES, ACCORDING TO WRITTEN OBJECTIVES, SPECIFIC AND GENERAL, DEVELOPED BY CONSULTATION BETWEEN THE PRESIDENT AND THE BOARD CHAIR AND PRESENTED TO AND APPROVED BY THE BOARD BEFORE THE OUTSET OF EACH ACADEMIC YEAR. THE PRESIDENT REPORTS ON THESE GOALS AT EACH BOARD MEETING. THE PRESIDENT IS ALSO FORMALLY EVALUATED BY THE BOARD AT LEAST EVERY FOUR YEARS OR AT ANY TIME DEEMED DESIRABLE BY THE BOARD. THE EVALUATION IS CONDUCTED BY AN OUTSIDE EVALUATOR WHO IS APPOINTED BY THE BOARD WITH THE APPROVAL OF THE PRESIDENT. THE EXECUTIVE COMMITTEE SERVES AS THE PRESIDENT'S COMPENSATION COMMITTEE, AND BASED ON THE ANNUAL EVALUATION, MEETS IN EXECUTIVE SESSION TO REVIEW THE PRESIDENT'S COMPENSATION PACKAGE. THE PRESIDENT'S DUTIES, TERMS OF EMPLOYMENT, AND COMPENSATION ARE COMMITTED TO A TEN (10) PAGE "EMPLOYMENT AGREEMENT" (CONTRACT). THE FIRST NINE (9) PAGES OF THE CONTRACT CONTAIN SPECIFIC DUTIES AND TERMS. A ONE (1) PAGE APPENDIX IS UPDATED EACH YEAR WITH SALARY AND ANY SPECIAL CONDITIONS. A SUPPLEMENTAL LETTER OUTLINES REIMBURSEMENT FOR SPOUSAL ACCOMMODATION EXPENSE(S). THE CONTRACT MIRRORS THE PRESIDENT'S CONTRACT AT HIS PRIOR INSTITUTION (PRESIDENT, WESLEY COLLEGE, 1997-2007). THAT CONTRACT WAS DEVELOPED BY AN INDEPENDENT HIGHER EDUCATION CONSULTING FIRM AND WITH THE ASSISTANCE OF INDEPENDENT LEGAL COUNSEL. AN UPDATED BETHANY COLLEGE VERSION WAS DRAFTED BY THE CHAIR OF THE BOARD AND THE COLLEGE'S GENERAL COUNSEL AND APPROVED BY THE PRESIDENT OF THE COLLEGE AS WELL AS THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ANNUAL COMPENSATION WAS SET AT A SMALL PERCENTAGE INCREASE OVER HIS PRIOR CONTRACT AT WESLEY. THE FULL BOARD RATIFIED DUTIES, TERMS AND COMPENSATION. PER THE CONTRACT, "THE EMPLOYEE'S (PRESIDENT) BASE SALARY FOR SUBSEQUENT YEARS WILL BE REVIEWED AND ESTABLISHED ANNUALLY, ON OR BEFORE MARCH 31 OF EACH CALENDAR YEAR, THE THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND, IF ADJUSTED, WILL BE ADJUSTED EFFECTIVE JULY 1 OF THAT YEAR.ADJUSTMENTS ARE AT THE SOLE DISCRETION OF THE EXECUTIVE COMMITTEE AND WILL BE CONDITIONED UPON THE BOARD'S SATISFACTION WITH THE EMPLOYEE'S PERFORMANCE AND THE COLLEGE'S FINANCIAL POSITION." THE EXECUTIVE COMMITTEE ANNUALLY EVALUATES THE PERFORMANCE OF THE PRESIDENT. BEFORE MARCH 31 EACH YEAR, THE PRESIDENT RESPONDS IN WRITING TO A SET OF MUTUALLY AGREED UPON GOALS FOR THE PRIOR YEAR AND SUBMITS A DRAFT OF GOALS FOR THE UPCOMING YEAR. THE COMMITTEE PROVIDES CONSTRUCTIVE FEEDBACK TO BOTH. BASED ON THE EVALUATION, THE EXECUTIVE COMMITTEE SETS THE PRESIDENT'S COMPENSATION UTILIZING COMPARATIVE DATA FROM A VARIETY OF EXTERNAL SOURCES: (A) SURVEY DATA FOR PRESIDENTS OF COLLEGES WITH SIMILAR ASSETS PROVIDED BY THE ANNUAL COLLEGE UNIVERSITY AND PERSONNEL ASSOCIATION (CUPA); (B) A REVIEW OF INTERNAL REVENUE SERVICE 990 FORM DATA FOR PRESIDENTS OF PEER INSTITUTIONS; AND (C) COMPARATIVE DATA FOR PRESIDENTS OF NATIONAL LIBERAL ARTS COLLEGES PROVIDED BY THE ANNUAL CHRONICLE OF HIGHER EDUCATION SURVEY. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees THE COLLEGE USES COMPARABLE COMPENSATION DATA (CUPA, NAICU, NACUBO, ETC) TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION FOR ITS KEY EMPLOYEES, TAKING EXPERIENCE, EDUCATION, AND SPECIALIZATION INTO CONSIDERATION. Form 990, Part VI, Sec C, Line 19, Required documents available to the public CONFLICT OF INTEREST AND GOVERNING DOCUMENTS ARE MADE AVAILABLE THROUGH THE COLLEGE'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN THE OFFICE OF THE COLLEGE PRESIDENT. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 258684; CHANGE IN VALUE OF BENEFICIAL INTEREST TRUSTS - 202819; Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=PHOTOGRAPHY SERVICES : ONE IS THE TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=MUSICAL EQUIPMENT - SPEAKERS : TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line 4, Number of contributions or items contributed. TOTAL NUMBER OF ITEMS RECEIVED Schedule M, part I, column (b), Line 9, Number of contributions or items contributed. 11,280 IS THE TOTAL NUMBER OF SHARE CONTRIBUTED Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=FOOD & BEVERAGE : 4 IS THE TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=TRANSPORTATION : TWO IS THE TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=PHOTOGRAPHY SERVICES : ONE IS THE TOTAL NUMBER OF CONTRIBUTIONS Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=MUSICAL EQUIPMENT - SPEAKERS : TOTAL NUMBER OF CONTRIBUTIONS CHARITABLE REMAINDER TRUSTS (4) VARIOUS VARIOUS PA 15222 INVESTMENTS PA NA TRUST true CHARITABLE TRUSTS (4) VARIOUS VARIOUS PA 15222 INVESTMENTS PA NA TRUST true false false false false false false false false false false false false false false false false false false false