2013-05-15T17:07:58-05:00 2012-06-30 560747981 DIXON HUGHES GOODMAN LLP 701 TOWN CENTER DRIVE SUITE 700 NEWPORT NEWS VA 236064295 990 2011-07-01 540505990 HAMPTON UNIVERSITY HAMP 7577275213 QUEEN AND TYLER STREET HAMPTON VA 23668 DORETHA J SPELLS 7577275213 2013-05-15 1 HUGH BARLOW P00422004 7578731033 2011 2016-02-24 21:20:13Z DORETHA J SPELLS QUEEN AND TYLER STREET HAMPTON VA 23668 306905398 0 X WWW.HAMPTONU.EDU X 1868 VA HAMPTON UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION, DEDICATED TO THE PROMOTION OF LEARNING, BUILDING OF CHARACTER, AND THE PREPARATION OF PROMISING STUDENTS FOR POSITIONS OF LEADERSHIP AND SERVICE. ITS CURRICULAR EMPHASIS IS SCIENTIFIC AND PROFESSIONAL WITH STRONG LIBERAL ARTS UNDERGIRDING. IN CARRYING OUT ITS MISSION, THE UNIVERSITY REQUIRES THAT EVERYTHING THAT IT DOES BE OF THE HIGHEST QUALITY. A HISTORICALLY BLACK INSTITUTION, HAMPTON UNIVERSITY IS COMMITTED TO MULTICULTURALISM. THE UNIVERSITY SERVES STUDENTS FROM DIVERSE NATIONAL, CULTURAL, AND ECONOMIC BACKGROUNDS. 19 17 2422 21 -37626 -66629 48304277 66811992 86856504 100503106 19452188 17602173 -28654 -37626 154584315 184879645 1561200 1365728 0 0 52834140 56130109 0 0 816468 85746420 103749214 140141760 161245051 14442555 23634594 694161356 704745249 278930710 280028096 415230646 424717153 X HAMPTON UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION, DEDICATED TO THE PROMOTION OF LEARNING, BUILDING OF CHARACTER AND PREPARATION OF PROMISING STUDENTS FOR POSITIONS OF LEADERSHIP AND SERVICE. ITS CURRICULUM EMPHASIS IS SCIENTIFIC AND PROFESSIONAL WITH A STRONG LIBERAL ARTS UNDERGIRDING. IN CARRYING OUT ITS MISSION, THE UNIVERSITY REQUIRES THAT EVERYTHING THAT IT DOES BE OF THE HIGHEST QUALITY. RESEARCH AND PUBLIC SERVICE ARE INTEGRAL PARTS OF HAMPTON'S MISSION. IN ORDER TO ENHANCE SCHOLARSHIP AND DISCOVERY, FACULTY ARE ENGAGED IN WRITING, RESEARCH, AND GRANTSMANSHIP. FACULTY, STAFF AND STUDENTS PROVIDE LEADERSHIP AND SERVICE TO THE UNIVERSITY AS WELL AS THE GLOBAL COMMUNITY. IN ACHIEVING ITS MISSION, HAMPTON UNIVERSITY OFFERS EXEMPLARY PROGRAMS AND OPPORTUNITIES WHICH ENABLE STUDENTS, FACULTY AND STAFF TO GROW, DEVELOP AND CONTRIBUTE TO OUR SOCIETY IN A PRODUCTIVE, USEFUL MANNER. 0 0 57394373 1365728 74399324 INSTRUCTIONAL AND DEPARTMENTAL RESEARCH - THE EDUCATIONAL GOALS SET UP FOR OUR STUDENTS ARE THROUGH VARIOUS INSTRUCTIONAL DIVISIONS AND DEPARTMENTAL RESEARCH. 3505153 PUBLIC SERVICES - HAMPTON UNIVERSITY HAS AN OFF CAMPUS WORK-STUDY PROGRAM FOR STUDENTS, URBAN AFFAIRS AND OTHER COMMUNITY RELATED PROJECTS. 6391525 LIBRARY AND MUSEUMS - THE LIBRARIES AND MUSEUMS PROVIDE AND DISPLAY EDUCATIONAL MATERIALS AND PROVIDE SUPPORT SERVICES TO THE ACADEMIC COMMUNITY. 34572591 26103782 STUDENT SERVICES - ALL OFFICES WHICH RENDER SERVICES TO THE EMOTIONAL WELL-BEING OF OUR STUDENTS: VICE PRESIDENT FOR STUDENT AFFAIRS, DEAN OF ADMISSIONS, REGISTRAR, TESTING, ETC. 34572591 26103782 101863642 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 1 306 0 1 2422 1 1 1 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DORETHA J SPELLS 7577275213 QUEEN AND TYLER STREETS HAMPTON VA 23668 DR WILLIAM R HARVEY 40.00 X X 294160 0 412270 MR I EMERSON BRYAN III 1.00 X 0 0 0 DR CHARLES I BUNTING 1.00 X 0 0 0 MR H RODGIN COHEN ESQ 1.00 X 0 0 0 MR WESLEY A COLEMAN 1.00 X 0 0 0 DR WILLIAM COSBY 1.00 X 0 0 0 AMBASSADOR EDWARD E ELSON 1.00 X 0 0 0 MR W FRANK FOUNTAIN 1.00 X 0 0 0 MR GORDAN L GENTRY JR 1.00 X 0 0 0 HONORABLE VANESSA D GILMORE 1.00 X 0 0 0 DR WENDELL P HOLMES JR 1.00 X 0 0 0 MS LINA HU 1.00 X 0 0 0 DR ANDREW M LEWIS 1.00 X 0 0 0 MR DANIEL H MUDD 1.00 X 0 0 0 MRS LESLIE DJ PATTERSON 1.00 X 0 0 0 MRS ANDREA M WEISS 1.00 X 0 0 0 MR CURTIS RANSOM 1.00 X 0 0 0 DR GETRUDE HENRY 40.00 X 62769 0 14361 MISS MELANIE SPENCER 1.00 X 0 0 0 MRS DORETHA J SPELLS 40.00 X 132768 0 30377 ATTORNEY FAYE HARDY-LUCAS 40.00 X 114598 0 26220 DR JAMES RUSSELL 40.00 X 214540 0 49087 PAMELA HAMMOND PROVOST 40.00 X 122165 0 27951 DR WILLIAM MOORE 40.00 X 161349 0 36917 MR LARON CLARK 40.00 X 128227 0 29338 DR MICHAEL MCCORMICK 40.00 X 230322 0 52698 1460898 0 679219 21 0 1 0 ARMADA HOFFLER CONSTRUCTION 249 CENTRAL PARK AVENUE STE 300 VIRGINIA BEACH VA 23462 CONSTRUCTION 17162519 GOURMET SERVICES INC 82 PIEDMONT AVE NE ATLANTA GA 30303 FOOD SERVICE 6586402 ADRIAN SERVICES INC 213 FIRST COLONIAL RD STE 119 VIRGINIA BEACH VA 23454 CONSTRUCTION 2085437 BARING INDUSTRIES 3249 SW 42ND ST FORT LAUDERDALE FL 33312 CONSTRUCTION 1405438 KPMG LLP 440 MONTICELLO AVE STE 1900 NORFOLK VA 23510 ACCOUNTING 1149745 116 32911946 33900046 66811992 PROGRAM SERVICE REVENU 611600 74399324 74399324 AUXILIARY ENTERPRISE 611710 20150432 20150432 EDUCATIONAL DEPARTMENT 611710 5953350 5953350 100503106 12225131 12225131 1708853 1755782 -46929 -46929 -46929 125647013 120269971 5377042 5377042 5377042 CLEANERS INCOME 812300 9303 9303 9303 184879645 100503106 -37626 17602173 1365728 1365728 981461 588876 392585 50994322 30885108 19737216 371998 4154326 2527535 1615965 10826 456929 278727 178202 1138370 694406 443964 553558 337670 215888 7086490 4281701 2737481 67308 18689497 11400593 7288904 3271780 1985764 1269586 16430 4305805 2626541 1679264 14162621 8639199 5523422 HUPTI 16788819 10241180 6547639 EQUIPMENT RENTAL 13244989 8077263 5164152 3574 OTHER EXPENSE 10373788 5584113 4443343 346332 STUDENT AID 10318519 10318519 3358049 2030719 1327330 161245051 101863642 58564941 816468 5657336 1781512 37538210 30908861 13129300 12658868 8121624 8458049 10013155 9970282 1857328 1624464 903968 2309383 567042868 172183721 355287662 394859147 129495054 105125704 126588250 132259311 5569469 4789668 694161356 704745249 42013723 45369472 6670639 6670639 17961078 19587736 203375000 199650000 9358748 9134591 -448478 -384342 278930710 280028096 X 355374544 360225432 10111568 13044352 49744534 51447369 415230646 424717153 694161356 704745249 X 23634594 -14148087 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 269915122 1702836 -5553255 266064803 233240361 1417863 35256998 269915222 201848837 1879589 29511935 233240361 243030127 1233321 -42414611 201848837 0.81000 0.19000 0.00000 0 0 2895153 2895153 351039975 109318681 241721294 166288451 62865040 103423411 46819289 46819289 394859147 CASH 12105831 F LIMITED PARTNERSHIPS 79748308 F COMMON COLLECTIVE TRUSTS 22773820 F OTHER INVESTMENTS 13937078 F OTHER FUNDS 3694274 F 132259311 BOND ISSUANCE DISCOUNT -384342 -384342 184879645 161245051 23634594 -14148087 -14148087 9486507 170775217 -14148087 72662 -14075425 184850642 29003 29003 184879645 161282779 66731 66731 161216048 29003 29003 161245051 PART III, LINE 1A: THE UNIVERSITY HAS EXTENSIVE COLLECTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS ALONG WITH LIBRARY MATERIALS, INCLUDING BOOKS, PERIODICALS, AND OTHER ITEMS. THESE COLLECTIONS ARE MAINTAINED AND HELD FOR RESEARCH, EDUCATION, AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. PROCEEDS FROM ANY SALES OF COLLECTIONS ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE COST OF COLLECTIONS PURCHASED BY THE UNIVERSITY IS CHARGED TO EXPENSE IN THE YEAR PURCHASED AND DONATED COLLECTION ITEMS ARE NOT RECORDED. THE VALUE OF THE UNIVERSITY'S COLLECTION HAS NOT BEEN DETERMINED. PART III, LINE 4: IN 2008, THE HAMPTON UNIVERSITY MUSEUM AND ARCHIVES WAS ONE OF 10 INSTITUTIONS AND INDIVIDUALS RECOGNIZED AND HONORED AS VIRGINIA'S BEST ARTISTIC AND CULTURAL INNOVATORS. THE MUSEUM RECEIVED AN ORIGINAL WORK OF ART AS ITS REWARD AND WAS HONORED AT A CEREMONY HELD BY GOVERNOR KAINE IN RICHMOND. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PRIMARY OBJECTIVES FOR THE ENDOWMENT FUNDS SHALL BE: 1) TO MAXIMIZE THE LONG RUN TOTAL RETURN ON THE FUNDS ENTRUSTED TO THE ENDOWMENT CONSISTENT WITH PRUDENT INVESTMENT PRACTICE. SPECIFICALLY, THE GOAL WILL BE TO EARN A REAL RETURN WITH INFLATION ADJUSTED OF AT LEAST 5% OVER THE LONG TERM. 2) TO PROVIDE A RELIABLE SOURCE OF OPERATING FUNDS TO THE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX POSITIONS ARE RECOGNIZED OR DERECOGNIZED BASED ON A MORE-LIKELY-THAN-NOT THRESHOLD. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH CHANGE IN JUDGMENT OCCURS. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN ACCOUNTS PAYABLE AND ACCRUED LIABILTIES, IF ASSESSED. NO INTEREST EXPENSE OR PENALTIES HAVE BEEN RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2012 AND 2011. THE UNIVERSITY DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE OR REFLECT ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED ON SEPARATE 990 - HCDC - EIN #54-1667250 72,535. REVENUE REPORTED ON SEPARATE 990 - MUSEUM FOUNDATION - EIN #54-1854945 127. PART XII, LINE 4B - OTHER ADJUSTMENTS: CLEANER'S EXPENSES PRESENTED NET OF INCOME ON FINANCIAL STATEMENTS 29,003. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE REPORTED ON SEPARATE 990 - HCDC - EIN #54-1667250 66,731. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CLEANER'S EXPENSES PRESENTED NET OF INCOME ON FINANCIAL STATEMENTS 29,003. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY EXTENDS TO ALL PROGRAMS AND ACTIVITIES SUPPORTED BY THE UNIVERSITY AND IS INCLUDED ON OUR APPLICATION AND WEBSITE WHEN WE ARE SOLICITING FOR STUDENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FUNDS FROM THE DEPARTMENT OF EDUCATION TITLE IV PROGRAM AS WELL AS FEDERAL GRANTS AND CONTRACTS THAT MAY PROVIDE ASSISTANCE BASED ON THE CRITERIA ESTABLISHED. 1 GRANTS AND CONTRACTS 300 1365728 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: COSTS CHARGED TO SPONSORED AGREEMENTS ARE FULLY INTEGRATED WITH THE UNIVERSITY'S FINANCIAL ACCOUNTING SYSTEM. THE SYSTEM ACCUMULATES COSTS ACCORDING TO INDEX, FUND AND ACCOUNT CODE CATEGORIES. ASSOCIATED AND IDENTIFIED WITH EACH FUND ARE VARIOUS ATTRIBUTES SUCH AS PROJECT TITLE, SPONSOR, AND PRINCIPAL. X 1 0 X 0 0 0 0 0 0 0 0 0 DR WILLIAM R HARVEY 294160 0 0 0 0 0 350000 0 62270 0 706430 0 0 0 MRS DORETHA J SPELLS 132768 0 0 0 0 0 0 0 30377 0 163145 0 0 0 DR JAMES RUSSELL 214540 0 0 0 0 0 0 0 49087 0 263627 0 0 0 PAMELA HAMMOND PROVOST 122165 0 0 0 0 0 0 0 27951 0 150116 0 0 0 DR WILLIAM MOORE 161349 0 0 0 0 0 0 0 36917 0 198266 0 0 0 MR LARON CLARK 128227 0 0 0 0 0 0 0 29338 0 157565 0 0 0 DR MICHAEL MCCORMICK 230322 0 0 0 0 0 0 0 52698 0 283020 0 0 0 PART I, LINE 1A HAMPTON UNIVERSITY PROVIDES AN ON-CAMPUS RESIDENCE FOR THE PRESIDENT. THE PRESIDENT MUST LIVE IN THIS RESIDENCE AS A REQUIREMENT FOR THE JOB AND UTILIZE THE RESIDENCE FOR UNIVERSITY BUSINESS PURPOSES. - VIRGINIA COLLEGE BUILDING AUTHORITY - 2005 540505990 9277806U5 2005-05-01 24500000 TO FINANCE OR REFINANCE CAPITAL IMPROVEMENTS AT THE UNIVERSITY 1 0 0 VIRGINIA SMALL BUSINESS FINANCING AUTHORITY REVENUE BONDS-2008 SERIES 540505990 928104KQ0 2008-12-01 70000000 LOAN TO THE HAMPTON ROADS PROTON BEAM THERAPY INSTITUTE 0 0 0 VIRGINIA SMALL BUSINESS FINANCING AUTHORITY REVENUE BONDS-2009 SERIES 540505990 928104KS6 2009-06-01 50000000 LOAN TO THE HAMPTON ROADS PROTON BEAM THERAPY INSTITUTE 0 0 0 VIRGINIA SMALL BUSINESS FINANCING AUTHORITY REVENUE BONDS-2009 SERIES 540505990 928104KT4 2010-01-01 53865000 LOAN TO THE HAMPTON ROADS PROTON BEAM THERAPY INSTITUTE 0 0 0 4685000 14232586 25750207 515000 11002631 2012 0 0 1 1 70000000 2010 0 0 1 1 50000000 600000 49400000 2011 0 0 1 1 53865000 5543840 4087698 11489590 32743872 2011 0 0 1 1 0 0 0 0 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 1 1 1 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 NORMA HARVEY FIRST LADY 30000 FOR SERVICES RENDERED BY HER DIRECTLY FOR THE BENEFIT OF THE UNIVERSITY FOR EVENTS AND RELATED DUTIES AS FIRST LADY 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO ITS SUBMISSION AT THEIR SCHEDULED MEETING. THEY RECEIVE A COPY IN ADVANCE OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY IS REVIEWED BY A COMMITTEE APPOINTED BY THE PROVOST FOR VIOLATIONS OF, OR REQUESTS FOR EXCEPTIONS. IF VIOLATIONS TO THESE STANDARDS ARE FOUND, OFFICERS, EMPLOYEES OR AGENTS WILL BE SUBJECT TO DISCIPLINARY ACTIONS AS RECOMMENDED BY THE COMMITTEE. DISCIPLINARY ACTIONS MAY INCLUDE LETTERS OF REPRIMAND, SUSPENSIONS, OR TERMINATION OF EMPLOYMENT. THE REVIEW PROCESS IS TO BE COMPLETED WITHIN 30 DAYS AND A WRITTEN RECOMMENDATION MADE TO THE PROVOST AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE CURRENT SALARY, COMPARES TO COMPARABLES, AND APPROVES A YEARLY SALARY INCREASE. FORM 990, PART VI, SECTION C, LINE 19 COPIES ARE PROVIDED UPON REQUEST AND OR INSPECTION IN THE COMPTROLLER'S OFFICE CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -14,148,087. FORM 990 PART XII, LINE 2C NO CHANGE IN PROCESS OF REVIEW OF FINANCIAL STATEMENTS BY AUDIT COMMITTEE, AS COMPARED TO PRIOR YEAR. HAMPTON ROADS PROTON THERAPY INSTITUTE AT HAMPTON UNIVERSITY LLC 40 ENTERPRISE PKWY HAMPTON VA 23666 540505990 TO PROVIDE PROTON THERAPY IN THE FIGHT AGAINST CANCER VA 19083318 193547358 N/A ATLANTIC REAL ESTATE LLC QUEEN AND TYLER STREET HAMPTON VA 23666 MULTI TENTANT OFFICE BUILDING VA 1667873 23283616 N/A HAMPTON UNIVERSITY MUSEUM FOUNDATION INC QUEEN AND TYLER STREET HAMPTON VA 23668 541854945 SUPPORT HAMPTON UNIVERSITY MUSEUM VA 501 (C) (3) 11A I HAMPTON UNIVERSITY 1 HAMPTON COMMUNITY DEVELOPMENT CORPORATION QUEEN AND TYLER STREET HAMPTON VA 23668 541667250 TO ENHANCE QUALITY OF LIFE IN THE CITY OF HAMPTON VA 501 (C) (3) 7 HAMPTON UNIVERSITY 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HAMPTON UNIVERSITY MUSEUM FOUNDATION INC D 368189 MARKET VALUE