ALDERSON BROADDUS UNIVERSITY INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ALDERSON BROADDUS UNIVERSITY INC (EIN 55-0357072)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201231359349302583
- Schema version
- 2010v3.7
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T11:39:02-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GIBBONS & KAWASH AC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 707 VIRGINIA ST E STE 300 | AddressLine1 |
| City | CHARLESTON | City |
| State | WV | State |
| ZIP Code | 253012724 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550357072 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALDERSON-BROADDUS COLLEGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALDE | NameControl |
| Phone | 3044571700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE BOX 2004 | AddressLine1 |
| City | PHILIPPI | City |
| State | WV | State |
| ZIP Code | 264166004 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE BLANKENSHIP | Name |
| Title | VP OF BUSINESS & FINANCE | Title |
| Phone | 3044571700 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELISSA PRICE | Name |
| Phone | 3043458400 | Phone |
| Date Prepared | 2012-05-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD CREEHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE BOX 2004 | AddressLine1 |
| City | PHILIPPI | City |
| State | WV | State |
| ZIP Code | 264166004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 23961010 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.AB.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1861 | YearFormation |
| State Legal Domicile | WV | StateLegalDomicile |
| Activity Or Mission Description | ALDERSON-BROADDUS COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING, COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE COLLEGE IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 646 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1413955 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2841326 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 18433326 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 16911854 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1176164 | InvestmentIncomePriorYear |
| Investment Income Current Year | 465931 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 281790 | OtherRevenuePriorYear |
| Other Revenue Current Year | 122186 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18952907 | TotalRevenuePriorYear |
| Total Revenue Current Year | 20341297 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6679993 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6372810 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8255267 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7735975 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 9727 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 500152 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7025902 | OtherExpensePriorYear |
| Other Expenses Current Year | 7235955 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 21970889 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21344740 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3017982 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1003443 | RevenuesLessExpensesCY |
| Total Assets BOY | 36614696 | TotalAssetsBOY |
| Total Assets EOY | 40610194 | TotalAssetsEOY |
| Total Liabilities BOY | 12640296 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14950488 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23974400 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 25659706 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ALDERSON-BROADDUS COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING, COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE COLLEGE IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 17577199 | Expense |
| Grants | 6372810 | Grants |
| Revenue | 16911854 | Revenue |
| Description | HIGHER EDUCATION PROVIDED COLLEGE LEVEL LEARNING OPPORTUNITIES (711 STUDENTS). | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 411737 | Expense |
| Description | OTHER PROGRAM SERVICES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 411737 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 17988936 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 25 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 646 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRUCE BLANKENSHIP | NamePerson |
| Telephone Number | 3044571700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE BOX 2004 | AddressLine1 |
| City | PHILIPPI | City |
| State | WV | State |
| ZIP Code | 26416 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Institutional TrusteeInstitutionalTrustee | Average Hours Per WeekAverageHoursPerWeek | Key EmployeeKeyEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MR MATTHEW G BALLARD | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MS FLORA FRANCIS | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| DR EDWARD GROSE | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| DR JAMES L BRYANT | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| REV ARCHIE R SNEDEGAR | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MR BILL S CHILDERS | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR PHILIP E CLINE | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR JOHN P COX | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR JEAN CUNNINGHAM | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR SARAH N DENMAN | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR STACEY R DICKENSON | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MRS ELAINE JOHNSON | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MR JOE E MILLER | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MR WORTH M HELMS | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| REV DR MICHAEL HOPKINS | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR MICHAEL H HUDNALL | |||||||||
| MEMBER | X | 0 | 0 | 0 | X | ||||
| DR JAMES B JOHNSON | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR THOMAS C LITWILER | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| REV RICHARD D MCCLURE | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR KENNETH DEAN WRIGHT | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MR JAMES J MORRIS | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR SCOTT L NORTHCOTT | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MRS PATRICIA H PENROSE | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| HON MARY M POLLING | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR JEFFREY A POWELSON | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MRS KAREN K RAINEY | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MR J SOREN SOFHAUSER | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| REV DR LARRY O SWAIN | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DR JOHN F THRALLS | |||||||||
| VP | X | 0 | 0 | 0 | X | ||||
| MR GARY WHITE | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MRS PAMELA L WILT | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| MRS VALERIE A WOODRUFF | |||||||||
| MEMBER | X | 0 | 0 | 0 | |||||
| DIANA L CRICKARD | |||||||||
| VP BUSINESS& | X | 0 | 0 | 0 | |||||
| REV DR DAVID L CARRICO | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MRS REBECCA HOOMAN | |||||||||
| TRUSTEE | X | 0 | 0 | 0 | |||||
| MR RICHARD BEARDSLEY | |||||||||
| TRUSTEE | 0 | 0 | 0 | X | |||||
| DR RONALD L BURBICK | |||||||||
| PRESIDENT | 0 | 0 | 0 | X | 1.00 | ||||
| MR HARRY G SHAFFER III | |||||||||
| SECRETARY | 0 | 0 | 0 | X | 1.00 | ||||
| DR J MICHAEL CLYBURN | |||||||||
| FORMER PRESI | 169684 | 0 | 21285 | 40.00 | X | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 169684 | TotalReportableCompFromOrg |
| Total Other Compensation | 21285 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | ||||||
| PO BOX 536922 | ATLANTA | GA | 303536922 | FOOD SRV. MGMT | 872424 | |
| SODEXO AMERICA LLC | ||||||
| 9201 STONEY MOUNTAIN DRIVE | CHATTANOOGA | TN | 37421 | FACILITY MGMT | 803613 | |
| PARTNERS DEVELOPMENT | ||||||
| 502 UNION AVENUE | KNOXVILLE | TN | 37902 | REAL ESTATE DEV | 257202 | |
| CITY WINDOW & CONSTRUCTION | ||||||
| RT 2 BOX 285 | CLARKSBURG | WV | 26303 | BLDG. RENOVAT | 231215 | |
| THE COTTON EXCHANGE | ||||||
| PO BOX 825 | WENDELL | NC | 27591 | 176396 | 115 EAST THIRD STREET | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 609695 | GovernmentGrants |
| All Other Contributions | 2231631 | AllOtherContributions |
| Noncash Contributions | 575000 | NoncashContributions |
| Total Contributions | 2841326 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION & FEES | 13813702 | 13813702 |
| AUXILIARY SERVICES | 3098152 | 3098152 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 16911854 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 259397 | TotalRevenueColumn |
| Related Or Exempt Function Income | 259397 | RelatedOrExemptFunctionIncome |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94903 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2333 | RelatedOrExemptFunctionIncome |
| Exclusion | $92,570 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3826247 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3619713 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 206534 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 206534 | TotalRevenueColumn |
| Related Or Exempt Function Income | 206534 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|
| OTHER INCOME | 56498 | 56498 | |
| NA RELEASED RESTRIC AND RECLA | -29215 | -$29,215 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 27283 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20341297 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17436616 | RelatedOrExemptFunctionIncome |
| Exclusion | $63,355 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6372810 | Total |
| Program Services | 6372810 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6251282 | Total |
| Program Services | 5199992 | ProgramServices |
| Management And General | 779915 | ManagementAndGeneral |
| Fundraising | 271375 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1484693 | Total |
| Program Services | 1207410 | ProgramServices |
| Management And General | 181921 | ManagementAndGeneral |
| Fundraising | 95362 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412559 | Total |
| Program Services | 202689 | ProgramServices |
| Management And General | 209657 | ManagementAndGeneral |
| Fundraising | 213 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378985 | Total |
| Program Services | 119645 | ProgramServices |
| Management And General | 259340 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 956567 | Total |
| Program Services | 826602 | ProgramServices |
| Management And General | 93031 | ManagementAndGeneral |
| Fundraising | 36934 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69081 | Total |
| Program Services | 55431 | ProgramServices |
| Management And General | 9109 | ManagementAndGeneral |
| Fundraising | 4541 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 667909 | Total |
| Program Services | 598603 | ProgramServices |
| Management And General | 19804 | ManagementAndGeneral |
| Fundraising | 49502 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259343 | Total |
| Program Services | 9335 | ProgramServices |
| Management And General | 250008 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1196565 | Total |
| Program Services | 870933 | ProgramServices |
| Management And General | 325632 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202039 | Total |
| Program Services | 15877 | ProgramServices |
| Management And General | 186162 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MAINTENANCE/REPAIRS | 1973095 | 1640777 | 332318 | |
| FOOD | 662316 | 657655 | 4661 | |
| MISC | 242731 | 125416 | 111595 | 5720 |
| PRINTING/ PUBLICATION | 214765 | 85761 | 92499 | 36505 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21344740 | Total |
| Program Services | 17988936 | ProgramServices |
| Management And General | 2855652 | ManagementAndGeneral |
| Fundraising | 500152 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873709 | BOY |
| EOY | 1190266 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4260444 | BOY |
| EOY | 3804326 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 382916 | BOY |
| EOY | 405954 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2713562 | BOY |
| EOY | 2731182 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133221 | BOY |
| EOY | 121847 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87756 | BOY |
| EOY | 367754 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 36061854 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22386421 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11799295 | BOY |
| EOY | 13675433 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15707031 | BOY |
| EOY | 17844957 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 336721 | BOY |
| EOY | 304528 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 320041 | BOY |
| EOY | 163947 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36614696 | BOY |
| EOY | 40610194 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1418934 | BOY |
| EOY | 1565803 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145686 | BOY |
| EOY | 288403 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2541165 | BOY |
| EOY | 4059779 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4865082 | BOY |
| EOY | 4788897 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3669429 | BOY |
| EOY | 4247606 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12640296 | BOY |
| EOY | 14950488 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -1517548 | BOY |
| EOY | -1010862 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6451183 | BOY |
| EOY | 6954292 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19040765 | BOY |
| EOY | 19716276 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23974400 | BOY |
| EOY | 25659706 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36614696 | BOY |
| EOY | 40610194 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1003443 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2688749 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15823477 | BeginningOfYearBalance |
| Contributions | 141372 | Contributions |
| Investment Earnings Or Losses | 2553330 | InvestmentEarningsOrLosses |
| Other Expenditures | 363559 | OtherExpenditures |
| End Of Year Balance | 18154650 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14446029 | BeginningOfYearBalance |
| Contributions | 249033 | Contributions |
| Investment Earnings Or Losses | 1583269 | InvestmentEarningsOrLosses |
| Other Expenditures | 454854 | OtherExpenditures |
| End Of Year Balance | 15823477 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17266002 | BeginningOfYearBalance |
| Contributions | 605068 | Contributions |
| Investment Earnings Or Losses | -2721270 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 360751 | GrantsOrScholarships |
| Other Expenditures | 343020 | OtherExpenditures |
| End Of Year Balance | 14446029 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 602197 | OtherCostOrOtherBasis |
| Book Value | 602197 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26114455 | OtherCostOrOtherBasis |
| Depreciation | 16751155 | Depreciation |
| Book Value | 9363300 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6332755 | OtherCostOrOtherBasis |
| Depreciation | 5210759 | Depreciation |
| Book Value | 1121996 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3012447 | OtherCostOrOtherBasis |
| Depreciation | 424507 | Depreciation |
| Book Value | 2587940 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 13675433 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE ADVANCES | $2,703,259 |
| CAPITAL LEASE OBLIGATIONS | $903,120 |
| OBLIGATIONS UNDER SPLIT INT. AGREE. | $641,227 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4247606 | TotalOfAmounts |
| Total Revenue | 20341297 | TotalRevenue |
| Total Expenses | 21344740 | TotalExpenses |
| Excess Or Deficit For Year | -1003443 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1882853 | NetUnrealizedGLOnInvestments |
| Other | $805,896 | OtherAmount |
| Total Adjustments | 2688749 | TotalAdjustments |
| Excess Or Deficit Per FS | 1685306 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16657236 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1882853 | NetUnrealizedGainsInvestments |
| Other Revenues | 805896 | OtherRevenues |
| Revenue Not Rptd F990 | 2688749 | RevenueNotRptdF990 |
| Revenue Subtotal | 13968487 | RevenueSubtotal |
| Other Revenues Not Included | 6372810 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6372810 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 20341297 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14971930 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 14971930 | ExpensesSubtotal |
| Other Expenses Not Included | 6372810 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6372810 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21344740 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | INCOME TAX STATUS THE COLLEGE IS CLASSIFED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, IS NOT SUBJECT TO TAXES ON INCOME DERIVED FROM ITS EXEMPT ACTIVITIES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE COLLEGE IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY INCOME TAXING AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2008. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | NET GAIN ON BENEFICIAL INTEREST IN TRUST 428,287 CHANGE IN VLAUE OF SPLIT INTEREST AGREEMENTS 377,609 SCHOLARSHIPS AND AWARDS -6,372,810 SCHOLARSHIPS AND AWARDS 6,372,810 |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | NET GAIN ON BENEFICIAL INTEREST IN TRUST 428,287 CHANGE IN VLAUE OF SPLIT INTEREST AGREEMENTS 377,609 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | SCHOLARSHIPS AND AWARDS 6,372,810 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 4B | SCHOLARSHIPS AND AWARDS 6,372,810 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION | Identifier |
| Return Reference | SCHEDULE E LINE 6 | ReturnReference |
| Explanation | ASSISTANCE CONSISTS OF STUDENT FINANCIAL ASSISTANCE | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS FOR STUDENTS | TypeOfGrant |
| Number Of Recipients | 608 | NumberOfRecipients |
| Amount Of Cash Grant | 6372810 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | AWARDS TO STUDENTS ARE MONITORED THROUGH OUR FINANCIAL AID OFFICE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DR J MICHAEL CLYBURN | NamePerson |
| Base Compensation Filing Org | 160000 | BaseCompensationFilingOrg |
| Other Compensation Filing Org | 9684 | OtherCompensationFilingOrg |
| Nontaxable Benefits Filing Org | 21285 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 190969 | TotalCompensationFilingOrg |
| Comp Report Prior990 Filing Org | 160000 | CompReportPrior990FilingOrg |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILIPPI MUNICIPAL BUILDING COM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 550143590 | IssuerEIN |
| Date Issued | 2010-06-30 | DateIssued |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 2541165 | TotalProceeds |
| Issuance Costs From Proceeds | 195342 | IssuanceCostsFromProceeds |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | false | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE K | ReturnReference |
| Explanation | THE PHILIPPI MUNICIPAL BUILDING COM INTEREST ONLY THROUGH AUGUST 2012 PRINCIPAL AND INTEREST SUBJECT TO LIBOR DEED OF TRUST ON CERTAIN PROPERTY AND RELATED REVENUES | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| BOARD MEMBER | BANKING | false |
| BOARD MEMBER | STUDENT HEALTH PROGR | false |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | PLEDGES | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 575000 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | ALDERSON-BROADDUS COLLEGE IS AN INDEPENDENT INSTITUTION OF HIGHER LEARNING, COMMITTED TO SERVING THE REGION AS AN ACADEMIC, CULTURAL, AND RELIGIOUS RESOURCE, WITH PROGRAMS BASED ON A STRONG LIBERAL ARTS FOUNDATION. THE COLLEGE IS ROOTED IN HISTORIC AND CONTINUING RELATIONSHIPS WITH THE WEST VIRGINIA BAPTIST CONVENTION AND THE AMERICAN BAPTIST CHURCHES USA. |
| ALL OTHER ACHIEVEMENTS DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | OTHER PROGRAM SERVICES |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | AN ELECTRONIC VERSION OF THE FORM 990 WILL BE PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND ALSO TO MEMBERS OF THE BUSINESS AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO IT BEING FILED. THE FULL BOARD OF TRUSTEES WILL ALSO RECEIVE AN ELECTRONIC COPY FOR THEIR REVIEW. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD SIGNS THE CONFLICT OF INTEREST POLICY FORMS ANNUALLY. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION FOR THE PRESIDENT OF THE COLLEGE IS DETERMINED BY THE EXECUTIVE COMMITTE OF THE BOARD OF TRUSTEES BASED ON COMPARABILITY DATA AND INDEPENDENT CONSULTANTS WHEN AVAILABLE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FROM MEMBERS OF THE PUBLIC. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALDERSON-BROADDUS ENDOWMENT CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 COLLEGE HILL DRIVE | AddressLine1 |
| City | PHILIPPI | City |
| State | WV | State |
| ZIP Code | 26416 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550652324 | EIN |
| Primary Activities | A-B SUPPOR | PrimaryActivities |
| Legal Domicile State | WV | LegalDomicileState |
| Exempt Code Section | 501C3 | ExemptCodeSection |
| Public Charity Status | 9 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |