2013-05-13T10:07:39-07:00 2012-06-30 990 2011-07-01 540525605 SHENANDOAH UNIVERSITY SHEN 5406654515 1460 University Drive Winchester VA 22601 Tracy Fitzsimmons 5406654505 2013-05-07 2011 2016-02-24 21:20:13Z Tracy Fitzsimmons President 1460 University Dr Winchester VA 22601 109776433 0 X www.su.edu X 1875 VA A Shenandoah University education incorporates scholarship, experiential learning and sophisticated technologies as well as practical wisdom. The University provides students with the academic content and analytical skills they'll need to launch successful careers, and harness technologies that will enable them to create new ideas, products and services that impact a global society. 40 37 2641 300 1695113 -544962 8212402 4964040 87075131 89585268 4523435 1870412 482942 492630 100293910 96912350 19279251 19983426 0 0 44208893 45696575 0 0 1699175 27715349 29582313 91203493 95262314 9090417 1650036 171654417 172896622 62041111 63267134 109613306 109629488 Shenandoah University educates and inspires individuals to be critical, reflective thinkers; lifelong learners; and ethical, compassionate citizens who are committed to making responsible contributions within a community, a nation and the world. The University offers over 40 undergraduate degrees, over 40 graduate degrees, and undergraduate and graduate certificates through its six schools of study. The University is affiliated with the United Methodist Church and fosters a nurturing environment in which students learn, grow, and flourish. 0 0 58821206 19983426 77599651 During the fiscal year 2011-2012, Shenandoah University continued its focus on excellence and innovation with enrollment of 4,052 students in graduate and undergraduate programs in Fall 2011 through its six schools and more than 80 programs of study. 8592176 0 1118008 Student services includes admissions, registrar, student affairs, student organizations and athletics programs. During fiscal year 2011-2012, Shenandoah University had 46 recognized student clubs and organizations. Shenandoah University sponsored 20 intercollegiate teams (10 for women and 10 for men), with a total student-athlete involvement of approximately 370. Intercollegiate athletics are an integral aspect of student life on the Shenandoah University campus, with the majority of students involved either as participants or spectators. 6682650 0 8642537 Auxiliary services includes the University's residence halls, bookstore, childcare facilities and hotel operations. During fiscal year 2011-2012, Shenandoah housed approximately 775 students on campus. 7556367 0 2225072 Shenandoah University's other program services not detailed in Part III include the maintenance of Shenandoah University's campuses. 7556367 0 2225072 81652399 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 1 5204 0 1 2641 1 1 1 0 0 0 0 1 1 0 1 1 1 1 0 X 40 37 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Tracy Fitzsimmons President 5406654505 1460 University Drive Winchester VA 226015195 Walter H Aikens 0 X 0 0 0 C J Borden 0 X 0 0 0 William F Brandt 0 X 0 0 0 Stephen P Caruthers 0 X 0 0 0 Katherine K Clark 0 X 0 0 0 Teresa A Cluss 0 X 0 0 0 Laura N Dabinett 0 X 0 0 0 Anne-Marie Dunn 0 X 0 0 0 Lynnette Embree 0 X 0 0 0 Andrew U Ferrari 0 X 0 0 0 Robert J Frogale 0 X 0 0 0 Mary Bruce Glaize 0 X 0 0 0 Reverend Jay M Hanke 0 X 0 0 0 Stanley E Harrison 0 X 0 0 0 Reverend Tommy Herndon 0 X 0 0 0 L Janell Hoffman 0 X 0 0 0 Susan R Jones 0 X 0 0 0 Ann K MacLeod 0 X 0 0 0 John K Marlow 0 X 0 0 0 Keith A May 0 X 0 0 0 Richard RJ Morin 0 X 0 0 0 Nicholas J Nerangis Sr 0 X 0 0 0 Mark J Ohrstrom 0 X 0 0 0 Larry T Omps 0 X 0 0 0 Bipin B Patel 0 X 0 0 0 Sharon Hill Price 0 X 0 0 0 Reverend Lee B Sheaffer 0 X 0 0 0 Mary Farland Shockey 0 X 0 0 0 Gerald F Smith Jr 0 X 0 0 0 Harry S Smith 0 X 0 0 0 C Robert Solenberger 0 X 0 0 0 Mark E Stavish 0 X 0 0 0 Reverend Larry Thompson 0 X 0 0 0 Charles A Veatch 0 X 0 0 0 James T Vickers 0 X 0 0 0 F Dixon Whitworth Jr 0 X 0 0 0 James R Wilkins Jr 0 X 0 0 0 Heather H Wilson 0 X 0 0 0 Irene R Wurtzel 0 X 0 0 0 Tracy Fitzsimmons 40 X 305230 0 63660 Bryon L Grigsby 40 X 179477 0 43074 Richard C Shickle Sr 40 X 191714 0 37119 Mitchell L Moore 40 X 137799 0 27270 Clarresa M Morton 40 X 115249 0 17104 Rhonda VanDyke Colby 40 X 95760 0 24301 Alan B McKay 40 X 177039 0 27026 W Randy Boxx 40 X 148170 0 24700 Mary Ann Kirkpatrick 40 X 139779 0 19184 Michael Stepniak 40 X 144667 0 13761 Calvin H Allen Jr 40 X 141031 0 22326 Demetrius L Carmichael 40 X 137160 0 23063 1913075 0 342588 23 0 1 0 Howard Shockey & Sons Inc PO Box 2530 Winchester VA 226041730 Construction 2610058 Sodexo Campus Services PO Box 536922 Atlanta GA 303536922 Food Service 2529881 H W Construction Co PO Box 2468 Winchester VA 22604 Construction 699457 Ellucian Inc 4375 Fair Lakes Ct Fairfax VA 220334234 Computer Software 407812 Winchester Printers Inc 212 Independence Dr Winchester VA 22602 Printing services 315644 17 0 0 3974 0 1639000 3321066 228856 4964040 Tuition and Fees 611310 77599651 77599651 0 0 Auxillary Enterprises 900099 8642537 0 1642613 6999924 University Campuses 900099 2225072 0 52500 2172572 Ticket Sales 900099 747586 0 0 747586 Student Service Commissions 900099 370422 0 0 370422 0 0 0 0 89585268 1452873 0 0 1452873 0 0 0 0 284459 284459 0 0 281708 0 113348 0 168360 0 168360 0 0 168360 13133181 0 12715642 0 417539 0 417539 0 0 417539 74904 3974 35093 39811 0 39811 0 0 0 0 0 96912350 77884110 1695113 12369087 19983426 19983426 1499839 848614 357327 293898 36239352 31235336 4259174 744842 1992525 1711584 242340 38601 3288618 2687656 497699 103263 2676241 2297431 307279 71531 188741 89240 99501 103303 1028 102275 143826 143826 37493 37493 314332 239620 74712 2674523 1875129 656080 143314 6015872 5881609 123818 10445 1977278 1803462 132349 41467 1505629 1345908 159721 5468773 4482883 985890 643063 266638 376425 Meals/Room Charge 2657080 2531224 92164 33692 Contract Service 2193756 1260196 858312 75248 Equipment Rental 1570738 801893 731447 37398 Publications 1395309 1237939 106192 51178 2692597 1071583 1566716 54298 95262314 81652399 11910740 1699175 5425 4725 8507309 11034366 728588 883573 2106079 2247786 0 0 2881347 2819931 0 2083600 1647886 146638444 45805640 100554638 100832804 50906362 49548754 3881069 3876797 171654417 172896622 6246860 5544108 2362034 2365384 2409151 3569631 39066705 44270000 0 0 7619539 5335069 3275469 0 1061353 2182942 62041111 63267134 X 59702309 60523341 26251939 25180332 23659058 23925815 109613306 109629488 171654417 172896622 X 1650036 -1633854 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 486514 0 165512 X X 0 53406834 651720 1391159 2701243 0 0 52748470 47177192 442055 8664852 2877265 0 0 53406834 42490932 1430793 4576620 1321153 0 0 47177192 49506512 1104911 -5210310 2910181 0 0 42490932 0.19 0.45 0.36 1 0 3523400 9126969 12650369 4175000 93256979 22867847 74564132 0 666917 397612 269305 0 21989919 15386885 6603034 0 13899260 7153296 6745964 100832804 0 Annuity and Life Income Obligations 848983 Obligation under interest rate swap agreements 1333959 2182942 96912350 95262314 1650036 -1633854 0 0 0 0 -1633854 16182 95479675 -1633854 52739 0 148440 -1432675 96912350 0 0 0 96912350 95463493 52739 0 0 148440 201179 95262314 0 0 0 95262314 SchD_P03_S00_L04 Schedule D, Part III, Line 4 The collections of Shenandoah University include paintings, drawings, prints, photographs, sculptures, historical items and decorative arts. These items are on display throughout the University and for public exhibition. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity or for a donor-specified period(s) as well as board-designated funds. The objective of the endowment portfolio of the University is to achieve maximum total return, consistent with assuming a reasonable degree of risk. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Financial Accounting Standards Board issued guidance on accounting for uncertainty in income taxes. Management evaluated the University's tax positions and concluded that the University had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the University is no longer subject to income tax examinations by the US federal, state or local tax authorities for tax years before 2009. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Fundraising and rental expenses reported as a reduction of income on Page 9, Part VIII. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising and rental expenses reported as a reduction of income on Page 9, Part VIII. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Shenandoah University includes a racially nondiscriminatory policy with all its brochures and publications and also publishes on its school website. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Shenandoah University received contributions from various government agencies in the amount of $1,639,000 as indicated on Form 990, Part VIII, line 1e. Central America and the Caribbean 0 0 Program Services Educational Travel 126000 East Asia and the Pacific 0 0 Program Services Educational travel. 25000 Europe (including Iceland and Greenland) 0 0 Program Services Advertising, Subscriptions, & Educational travel 182000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Subscriptions & Honorariums 5000 South America 0 0 Program Services Educational travel. 32000 Sub-Saharan Africa 0 0 Program Services Educational travel. 64000 0 0 434000 0 0 0 0 0 0 Raffle 60372 847 59525 8571 0 0 9958 0 2139 Gala 6290 0 6290 0 0 0 8086 0 244 2 12216 3127 9089 0 0 0 56 4183 1856 78878 3974 74904 8571 0 0 18100 4183 4239 35093 39811 1 Academic Scholarships 1570 11141329 Based on academic achievement Undergraduate and Graduate need based scholarships 1132 3742300 Determination based upon financial need Graduate Fellowships 1080 2610729 Enrollment in an eligible graduate program Undergraduate and Graduate Special Incentive 181 1293672 Based on criteria of defined scholarship Federal Grants 560 888352 based on criteria of grant Graduate assistantships 46 248312 Based on academic achievement Virginia CSAP & HETEP 12 47028 Based on scholarship criteria Awards/Grants 72 11705 Criteria of award or grant SchI_P01_S00_L02 Schedule I, Part I, Line 2 The process of packaging financial aid is the culmination of the complete analysis of student need and the aid administration cycle. The process of preparation for packaging is completed accurately and confidentially to insure effective use of all aid funds available, as well as fair and equitable treatment to all applicants. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Tracy Fitzsimmons 282612 0 0 0 22618 0 45518 0 18142 0 368890 0 0 0 Bryon L Grigsby 165190 0 0 0 14287 0 22670 0 20404 0 222551 0 0 0 Richard C Shickle Sr 179166 0 0 0 12548 0 25044 0 12075 0 228833 0 0 0 Mitchell L Moore 119545 0 0 0 18254 0 10963 0 16307 0 165069 0 0 0 Clarresa M Morton 107453 0 0 0 7797 0 9166 0 7937 0 132353 0 0 0 Rhonda VanDyke Colby 67162 0 0 0 28598 0 9698 0 14603 0 120061 0 0 0 Alan B McKay 164346 0 0 0 12693 0 14201 0 12825 0 204065 0 0 0 W Randy Boxx 120933 0 0 0 27237 0 11875 0 12825 0 172870 0 0 0 Mary Ann Kirkpatrick 112550 0 0 0 27230 0 10886 0 8297 0 158963 0 0 0 Michael Stepniak 142746 0 0 0 1921 0 5824 0 7937 0 158428 0 0 0 Calvin H Allen Jr 131062 0 0 0 9970 0 11250 0 11075 0 163357 0 0 0 Demetrius L Carmichael 119545 0 0 0 17615 0 9660 0 13403 0 160223 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The University provides a housing allowance, car or mileage allowance, tuition assistance and social club dues to officers and key employees. The amount provided is included in their taxable wages. The University also makes reimbursements to officers and key employees for any business use of a personal residence. Virginia College Building Authority 541249154 2011-12-09 36455000 Education Facilities 0 0 0 Industrial Development Authority of Clarke County Virginia 541070553 2011-12-27 7815000 Education facilities 0 0 0 0 0 36455000 0 35999505 384543 0 70952 0 2011 1 0 1 1 0 0 7815000 0 5032001 82073 0 0 2700926 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 Branch Banking and Trust 10 0 0 0 0 1 0 1 1 Branch Banking and Trust 9.5 0 0 0 0 1 X Shockey Companies Officer serves as trustee 2610158 Construction 0 H & W Construction Officer serves as trustee 699457 Construction, repairs & maintenance 0 Mark A Turner Family member of trustee 56420 Compensation 0 Carolyn Coulson-Grigsby Family member of officer 57327 Compensation 0 X 16 6174 FMV X 13217 FMV X 22036 FMV X 7 155602 Market Value X 5 4875 FMV X 41 4902 FMV X 2 2300 FMV X Program Support 6 19750 FMV 0 0 1 0 F990_P06_S0A_L03 Form 990, Part VI, Section A, Line 3 A management company is used to manage and operate a disregarded entity of the University F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Each trustee receives a copy of the Form 990 for review prior to the filing deadline. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All key employees and trustees are asked to complete a conflict of interest questionnaire annually. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 A committee uses reviews and benchmarks to recommend the president's salary to the board. The board approves the president's salary each year. The president approves the salaries of the officers and key employees, which the board approves when passing the budget. F990_P06_S0C_L17 Form 990, Part VI, Section C, Line 17 No state returns are required to be filed. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Form 990 is available to the public via Guidestar. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains/losses and actuarial adjustments Shenandoah University Properties LLC 1460 University Dr Winchester VA 22601 Responsible for property held separately VA 0 0 Shenandoah University Shenandoah Hotel Property LLC 1460 University Dr Winchester VA 22601 263186765 Maintains and oversees separately held properties DE 623 7277818 Shenandoah University Properties LLC Hotel Management LC PO Box 2497 Winchester VA 22604 262805054 Operates hotel property VA 1051185 134531 Shenandoah Hotel Property LLC