VIRGINIA UNION UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VIRGINIA UNION UNIVERSITY (EIN 54-0524516)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-07
- IRS object ID
- 201320389349300437
- Schema version
- 2011v1.2
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-07T13:16:10-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560747981 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3700 FESTIVAL PARK PLAZA | AddressLine1 |
| City | CHESTER | City |
| State | VA | State |
| ZIP Code | 238314415 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540524516 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA UNION UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VIRG | NameControl |
| Phone | 8042575600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 NORTH LOMBARDY STREET | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23220 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY E LEWIS | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 8042575600 | Phone |
| Date Signed | 2013-02-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LESLIE ROBERTS | Name |
| PTIN | P00040492 | PTIN |
| Phone | 8044252600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GREGORY E LEWIS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 NORTH LOMBARDY STREET | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23220 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37445067 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VUU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1865 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A NURTURING, INTELLECTUALLY CHALLENGING AND SPIRITUALLY ENRICHING ENVIRONMENT FOR LEARNING, EMPOWER STUDENTS TO DEVELOP STRONG MORAL VALUES, AND DEVELOP SCHOLARS, LEADERS AND LIFELONG LEARNERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 956 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6125641 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6839706 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 22097298 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 29089635 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1315994 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1515726 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5953948 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35492881 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37445067 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3502152 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4290079 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 16354265 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15818277 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15762808 | OtherExpensePriorYear |
| Other Expenses Current Year | 14740784 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 35619225 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34849140 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -126344 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2595927 | RevenuesLessExpensesCY |
| Total Assets BOY | 61254709 | TotalAssetsBOY |
| Total Assets EOY | 66425344 | TotalAssetsEOY |
| Total Liabilities BOY | 12458387 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12386116 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 48796322 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 54039228 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE A NURTURING, INTELLECTUALLY CHALLENGING, AND SPIRITUALLY ENRICHING ENVIRONMENT FOR LEARNING; EMPOWER STUDENTS TO DEVELOP STRONG MORAL VALUES; AND DEVELOP SCHOLARS, LEADERS, AND LIFELONG LEARNERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 25384943 | Expense |
| Grants | 6839706 | Grants |
| Revenue | 29709851 | Revenue |
| Description | VIRGINIA UNION UNIVERSITY PROVIDES HIGHER EDUCATION OPPORTUNITIES TO STUDENTS ON A NON-DISCRIMINATORY BASIS. PROGRAM EXPENSES RELATE TO PROVIDING THIS EDUCATION. | Description |
| Total Program Service Expense | 25384943 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 88 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 956 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHANIE M WHITE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8042575745 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 NORTH LOMBARDY STREET | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23220 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| DR CLAUDE G PERKINS | |||||||
| PRESIDENT | 40.00 | X | X | 305879 | 0 | 75718 | |
| DR W FRANKLYN RICHARDSON | |||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| DR RENITA W RANDOLPH | |||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| MRS SHIRLEY W VAUGHN | |||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | |
| MR STEVE D BULLOCK | |||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 | |
| MR JOSEPH AMADO | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MRS JEANNIE P BALILES | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR LUCILLE M BROWN | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR MARILYN T BROWN | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR ROBERT J BROWN | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR DALE CANNADY | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR TYRONE E DICKERSON CPA | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR PAUL D KOONCE | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR BENJAMIN J LAMBERT III | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| MR MICHAEL MCCRIMMON | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR ROLAND E MOORE | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| N SCOTT PHILLIPS ESQ | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR DARRELL K WHITE | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR FRANK L WILLIAMS III | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR JEREMIAH A WRIGHT JR | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| DR JOSEPH F JOHNSON | |||||||
| SENIOR VICE PRESIDENT | 40.00 | X | 148763 | 0 | 13000 | ||
| DR W FRANKLIN EVANS | |||||||
| VICE PRESIDENT | 40.00 | X | 129372 | 0 | 16259 | ||
| MR GREGORY LEWIS | |||||||
| VICE PRESIDENT | 40.00 | X | 54520 | 0 | 2400 | ||
| DR ANTHONY THOMPSON | |||||||
| VICE PRESIDENT | 40.00 | X | 121156 | 0 | 23887 | ||
| DR JOY GOODRICH | |||||||
| VICE PRESIDENT | 40.00 | X | 107473 | 0 | 10969 | ||
| DR JOHN KINNEY | |||||||
| VICE PRESIDENT | 40.00 | X | 101141 | 0 | 4979 | ||
| MICHAEL L BAILEY | |||||||
| ATHLETIC DIRECTOR | 40.00 | X | 122951 | 0 | 4870 | ||
| S DALLAS SIMMONS | |||||||
| FORMER PRESIDENT | 0.00 | 109985 | 0 | 4133 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1201240 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 156215 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JAMES R WHITE DBA JFW GENERAL CONTRACTOR | |||||
| 13702 HALIFAX ROAD | PETERSBURG | VA | 23805 | GENERAL CONTRACTOR | 667000 |
| ERNST & YOUNG | |||||
| THE EDGEWORTH BUILDING SUITE 201 | RICHMOND | VA | 23223 | PROFESSIONAL | 195775 |
| RMT CONSTRUCTION & DEVELOPMENT GROUP | |||||
| PO BOX 8963 | RICHMOND | VA | 23225 | GENERAL CONTRACTOR | 172000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 3420789 | GovernmentGrants |
| All Other Contributions | 3418917 | AllOtherContributions |
| Total Contributions | 6839706 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611310 | 22750490 | 22750490 |
| AUXILIARY SALES AND SE | 611710 | 5779295 | 5779295 |
| OTHER INCOME | 711210 | 559850 | 559850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 29089635 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 895510 | TotalRevenueColumn |
| Exclusion | $895,510 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 620216 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 620216 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 620216 | TotalRevenueColumn |
| Related Or Exempt Function Income | 620216 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37445067 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29709851 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $895,510 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4290079 | Total |
| Program Services | 4290079 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1201240 | Total |
| Program Services | 365545 | ProgramServices |
| Management And General | 835695 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12690770 | Total |
| Program Services | 9571238 | ProgramServices |
| Management And General | 3119532 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309858 | Total |
| Program Services | 218662 | ProgramServices |
| Management And General | 91196 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 534879 | Total |
| Program Services | 388610 | ProgramServices |
| Management And General | 146269 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1081530 | Total |
| Program Services | 789070 | ProgramServices |
| Management And General | 292460 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32509 | Total |
| Management And General | 32509 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23739 | Total |
| Program Services | 6625 | ProgramServices |
| Management And General | 17114 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1414094 | Total |
| Program Services | 1060571 | ProgramServices |
| Management And General | 353523 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 523481 | Total |
| Program Services | 370172 | ProgramServices |
| Management And General | 153309 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172008 | Total |
| Management And General | 172008 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2265930 | Total |
| Program Services | 1699448 | ProgramServices |
| Management And General | 566482 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339330 | Total |
| Program Services | 33933 | ProgramServices |
| Management And General | 305397 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CONSULTING AND CONTRACT | 4506150 | 3166310 | 1339840 |
| OTHER | 2481731 | 1313405 | 1168326 |
| BAD DEBT | 1071953 | 1071953 | |
| SUPPLIES | 644335 | 471529 | 172806 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1265524 | Total |
| Program Services | 567793 | ProgramServices |
| Management And General | 697731 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34849140 | Total |
| Program Services | 25384943 | ProgramServices |
| Management And General | 9464197 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8633157 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7907909 | BOY |
| EOY | 2955650 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 292684 | BOY |
| EOY | 529177 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2367502 | BOY |
| EOY | 2013643 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 682990 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350368 | BOY |
| EOY | 425432 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 60994395 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36716718 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23434074 | BOY |
| EOY | 24277677 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25291801 | BOY |
| EOY | 25311345 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 525616 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 927381 | BOY |
| EOY | 1753647 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61254709 | BOY |
| EOY | 66425344 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3182037 | BOY |
| EOY | 1125439 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 478983 | BOY |
| EOY | 356291 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7146058 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8088749 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1651309 | BOY |
| EOY | 2815637 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12458387 | BOY |
| EOY | 12386116 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18081548 | BOY |
| EOY | 26867378 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9957961 | BOY |
| EOY | 10501282 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20756813 | BOY |
| EOY | 16670568 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48796322 | BOY |
| EOY | 54039228 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61254709 | BOY |
| EOY | 66425344 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2595927 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2646979 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 165 | NumberDAFsHeld |
| Donor Advised Contributions | 838336 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 1005929 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 18507108 | AggregateDAFValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 37200 | RevenuesIncluded |
| Assets In Part X | 395110 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25979713 | BeginningOfYearBalance |
| Contributions | 838336 | Contributions |
| Investment Earnings Or Losses | -136075 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1370629 | GrantsOrScholarships |
| End Of Year Balance | 25311345 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22007848 | BeginningOfYearBalance |
| Contributions | 496372 | Contributions |
| Investment Earnings Or Losses | 5187438 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1711945 | GrantsOrScholarships |
| End Of Year Balance | 25979713 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16157653 | BeginningOfYearBalance |
| Contributions | 144682 | Contributions |
| Investment Earnings Or Losses | 5705513 | InvestmentEarningsOrLosses |
| End Of Year Balance | 22007848 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18822293 | BeginningOfYearBalance |
| Contributions | 221485 | Contributions |
| Investment Earnings Or Losses | -2886125 | InvestmentEarningsOrLosses |
| End Of Year Balance | 16157653 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.27000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.62700 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10300 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 50264 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 547194 | OtherCostOrOtherBasis |
| Book Value | 597458 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 43039605 | OtherCostOrOtherBasis |
| Depreciation | 23074055 | Depreciation |
| Book Value | 19965550 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17357332 | OtherCostOrOtherBasis |
| Depreciation | 13642663 | Depreciation |
| Book Value | 3714669 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 24277677 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED PAYROLL LIABILITIES | $1,527,157 |
| CREDIT BALANCE ON STUDENT ACCOUNTS | $522,868 |
| AMOUNTS HELD FOR OTHERS | $27,984 |
| ADVANCES FROM GOVERNMENT FOR STUDENT LOANS | $737,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2815637 | TotalOfAmounts |
| Total Revenue | 37445067 | TotalRevenue |
| Total Expenses | 34849140 | TotalExpenses |
| Excess Or Deficit For Year | 2595927 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1554262 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 4201241 | PriorPeriodAdjustments |
| Total Adjustments | 2646979 | TotalAdjustments |
| Excess Or Deficit Per FS | 5242906 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 35890805 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1554262 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -1554262 | RevenueNotRptdF990 |
| Revenue Subtotal | 37445067 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37445067 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34849140 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 34849140 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 34849140 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | VIRGINIA UNION UNIVERSITY IS NOURISHED BY ITS AFRICAN AMERICAN HERITAGE AND ENERGIZED BY A COMMITMENT TO EXCELLENCE AND DIVERSITY. INCLUDED IN ITS MISSION IS THE GOAL TO DEVELOP LIFELONG LEARNERS OF A GLOBAL SOCIETY. TO ACCOMPLISH THIS MISSION, VUU OFFERS A BROAD RANGE OF EDUCATIONAL OPPORTUNITIES, INCLUDING THOSE AVAILABLE THROUGH THE VIRGINIA UNION UNIVERSITY MUSEUM GALLERIES. THE MUSEUM GALLERIES ARE NOT ONLY A KEEPER OF FINE ARTIFACTS, BUT SERVE TO EDUCATE FUTURE LEADERS ON THE CENTRAL IMPORTANCE OF THE ARTS. THE MUSEUM UTILIZES EXHIBITS TO FOSTER STUDENT AND COMMUNITY CULTURAL, INTELLECTUAL, AND SOCIAL GROWTH. | |
| PART V, LINE 4: | ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 165 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, AND INCLUDES BOTH DONOR RESTRICTED AND BOARD DIRECTED FUNDS. THE MAIN PURPOSE OF MOST FUNDS IS TO AWARD SCHOLARSHIPS TO DESERVING STUDENTS BASED ON A VARIETY OF CRITERIA, BUT SOME FUNDS MAY BE USED FOR PLANT IMPROVEMENTS AND OTHER INSTITUTIONAL SUPPORT. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| FIN 48 FOOTNOTE SCHEDULE D, PART X, LINE 2 THE ORGANIZATION DID NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WERE MATERIAL TO THE FINANCIAL STATEMENTS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE NONDISCRIMINATORY POLICY IS STATED IN CATALOGUES, BROCHURES, WEB SITE AND OTHER LITERATURE DISTRIBUTED TO STUDENTS AND THE COMMUNITY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | DEPARTMENT OF EDUCATION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| INSTITUTIONAL GRANTS & SCHOLARSHIPS | 680 | 3524141 |
| OTHER GRANTS FUNDED THROUGH THE UNIVERSITY WITH OUTSIDE GRANTS | 159 | 765930 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART 1, LINE 2 | Identifier |
| Return Reference | ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS | ReturnReference |
| Explanation | FINANCIAL AID OFFICES PERFORM MONTHLY RECONCILATIONS OF GRANT ACCOUNTS FROM THE UNIVERSITY'S GENERAL LEDGER SYSTEM TO THE FINANCIAL AID SYSTEM. EXTERNAL AUDITS ARE PERFORMED ANNUALLY. THE UNIVERSITY IS ALSO SUBJECT TO NUMEROUS OTHER REPORTING REQUIREMENTS THAT HELP ENSURE THE ACCURACY OF AWARDING AND MONITORING THE DISTRIBUTION OF GRANTS AND SCHOLARSHIPS ACCORDING TO CRITERIA ESTABLISHED BY THE VARIOUS FUNDS AS WELL AS FINANCIAL NEED. A SCHOLARSHIP COMMITTEE REVIEWS ALL REWARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR CLAUDE G PERKINS | |||||||||||||
| 305879 | 0 | 0 | 0 | 0 | 0 | 19250 | 0 | 56468 | 0 | 381597 | 0 | 0 | 0 |
| DR JOSEPH F JOHNSON | |||||||||||||
| 148763 | 0 | 0 | 0 | 0 | 0 | 13000 | 0 | 0 | 0 | 161763 | 0 | 0 | 0 |
| S DALLAS SIMMONS | |||||||||||||
| 109985 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4133 | 0 | 114118 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINES 4A-B | ReturnReference |
| Explanation | S. DALLAS SIMMONS, FORMER PRESIDENT, RECEIVED SEVERANCE PAYMENTS OF $109,985 | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 37200 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | VIRGINIA UNION UNIVERSTIY 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCIAL AFFAIRS | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON A REQUEST TO THE FINANCIAL VICE PRESIDENT OF THE UNIVERSITY. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,554,262. PRIOR PERIOD ADJUSTMENTS: 4,201,241. TOTAL TO FORM 990, PART XI, LINE 5: 2,646,979. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | NO CHANGE FROM PRIOR YEAR. | |
| FORM 990, PART VI, QUESTION 19 | THE DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. | |
| FORM 990, PART XI, OTHER CHANGES TO NET ASSETS | NET PROPERTY AND EQUIPMENT INCREASED BY $3,373,784 DUE TO UNRECORDED FIXED ASSET ADDITIONS. PRIOR BENEFICIAL INTERESTS OF $827,457 IN PERPETUAL TRUSTS WERE UNRECORDED. TOTAL PRIOR PERIOD CHANGE TO NET ASSETS WAS $4,201,241. UNRESTRICTED NET ASSETS WERE INCREASED BY $7,7817,302, TEMPORARILY RESTRICTED ASSETS WERE INCREASED BY $926,019, AND PERMANENTLY RESTRICTED ASSETS WERE DECREASED BY $4,542,080. | PRIOR PERIOD ADJUSTMENTS |
| FORM 990, PART XI, OTHER CHANGES TO NET ASSETS | UNREALIZED GAINS/LOSSES FROM MARKETABLE SECURITIES MAKES UP THE DIFFERENCE IN OTHER CHANGES TO NET ASSETS. THIS AMOUNT IS DISCLOSED ON SCHEDULE D, PART XI | UNREALIZED GAINS/LOSSES FROM MARKETABLE SECURITIES |