BATTEN UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BATTEN UNIVERSITY (EIN 54-6039600)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-09
- IRS object ID
- 201121299349300042
- Schema version
- 2009v1.7
- 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
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-09T08:42:00-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT & HOLLAND LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 W MAIN ST STE 820 | AddressLine1 |
| City | NORFOLK | City |
| State | VA | State |
| ZIP Code | 235101694 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546039600 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Virginia Wesleyan College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VIRG | NameControl |
| Phone | 7574553317 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Wesleyan Drive | AddressLine1 |
| City | Norfolk | City |
| State | VA | State |
| ZIP Code | 23502 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Cary A Sawyer | Name |
| Title | Vice President | Title |
| Date Signed | 2011-05-09 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nicholas P Paul Jr CPA | Name |
| Phone | 7576233236 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Cary Sawyer | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1584 Wesleyan Dr | AddressLine1 |
| City | Norfolk | City |
| State | VA | State |
| ZIP Code | 23502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 56488413 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | www.vwc.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1961 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | Virginia Wesleyan College is a four year, fully accredited liberal arts, united methodist-related institution founded in 1961. The College offers liberal arts curriculum and grants the bachelor of arts and sciences degrees. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 36 | NbrIndependentVotingMembers |
| Total Nbr Employees | 931 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 194045 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -81684 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3321780 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 10343408 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 36796450 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 38667211 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2074645 | InvestmentIncomePriorYear |
| Investment Income Current Year | -179261 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 472727 | OtherRevenuePriorYear |
| Other Revenue Current Year | 483382 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 42665602 | TotalRevenuePriorYear |
| Total Revenue Current Year | 49314740 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10619393 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12153123 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20047475 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20129770 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1315583 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12105487 | OtherExpensePriorYear |
| Other Expenses Current Year | 12826056 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 42772355 | TotalExpensesPriorYear |
| Total Expenses Current Year | 45108949 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -106753 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4205791 | RevenuesLessExpensesCY |
| Total Assets BOY | 107562514 | TotalAssetsBOY |
| Total Assets EOY | 114076347 | TotalAssetsEOY |
| Total Liabilities BOY | 43277516 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 43644708 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 64284998 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 70431639 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of Virginia Wesleyan College is to engage students of diverse ages, religions, ethnic origins and backgrounds in a rigorous liberal arts education that will prepare them to meet the challenges of life and career in a complex and rapidly changing world. In this endeavor, the college employs a wide range of approaches to teaching and learning and provides opportunities to connect the study of the liberal arts with practical learning experiences on campus, in the Hampton Roads region, and throughout the world. In accord with our United Methodist heritage, Virginia Wesleyan aspires to be a supportive community that is committed to social responsibility, ethical conduct, higher learning and religious freedom. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 37771923 | Expense |
| Grants | 12153123 | Grants |
| Revenue | 38667211 | Revenue |
| Description | EDUCATION - TOTAL STUDENTS ENROLLED - 1,386EDUCATION - GRADUATED WITH BACCALAUREATE DEGREE - 206 | Description |
| Total Program Service Expense | 37771923 | 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 | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | 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 | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | 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 | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 87 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 931 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 36 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | VICE PRES BUSINESS AFFAIRS | NamePerson |
| Telephone Number | 7574553317 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Wesleyan Drive | AddressLine1 |
| City | Norfolk | City |
| State | VA | State |
| ZIP Code | 23502 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| William W Granger III | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| William Shelhorse | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| William H Thumel Jr | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| William Fanney | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Vincent J Mastracco Jr | |||||||
| Treasurer | 0.50 | X | 0 | 0 | 0 | ||
| Thomas C Broyles | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Tassos Paphites | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Tammy Estep | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Susan Goode | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Susan A Torma | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Steven D Frederickson | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Roy Hendrix | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Ronald M Kramer | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Robin D Ray | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Robert W Collenberg | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Robert H DeFord Jr | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Robert F Boyd | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rick Hinshaw | |||||||
| Vice President | 50.00 | 143292 | 0 | 20384 | X | ||
| Richard D Roberts | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Phillip Perdue | |||||||
| Vice President | 50.00 | 113038 | 0 | 9291 | X | ||
| OL Everett | |||||||
| Vice Chairman | 0.50 | X | 0 | 0 | 0 | ||
| Myrtle Frances Hatcher | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Mark Towe | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Lynn Clements | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Louis F Ryan | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Lemuel E Lewis | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Kevin C Dolliver | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| John Trinder | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| John N Vest | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Jerrold L Miller | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Jeanne Polizos ross | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Jane P Batten | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| James Griffiths | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Helen Hoffman | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| George Y Birdsong | |||||||
| Chairman | 0.50 | X | 0 | 0 | 0 | ||
| George Middleton | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| George K Tsantes III | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Gary D Bonnewell | |||||||
| Secretary | 0.50 | X | 0 | 0 | 0 | ||
| Frank Blocker | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Emily S Miles | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Dr William T Greer Jr | |||||||
| President | 50.00 | X | 325008 | 0 | 103673 | X | |
| Dr William Gibson | |||||||
| Professor | 50.00 | 102461 | 0 | 16688 | X | ||
| Dr Timothy O'Rourke | |||||||
| Vice President | 50.00 | 171031 | 0 | 22123 | X | ||
| Dr Lawrence Hultgren | |||||||
| Professor | 50.00 | 107979 | 0 | 17048 | X | ||
| Dr Douglas Kennedy | |||||||
| Professor | 50.00 | 100474 | 0 | 17738 | X | ||
| Deborah H Butler | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| David Kaufman | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| David Buckingham | |||||||
| Vice President | 50.00 | 117911 | 0 | 17761 | X | ||
| Dale R Foley | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| D Henry Watts | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Charles E Harris | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Charlene Kammerer | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Cary Sawyer | |||||||
| Vice President | 50.00 | 102173 | 0 | 17795 | X | ||
| Bruce Vaughn | |||||||
| Vice President | 0.50 | 0 | 0 | 0 | X | ||
| Bradford L Philips | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Benjamin Willis | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| B Minette Cooper | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Anne Shumadine | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1283367 | TotalReportableCompFromOrg |
| Total Other Compensation | 242501 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | false | 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 |
|---|---|---|---|---|---|
| Sodexho Inc and Affiliates | |||||
| PO Bo 905374 | Charlotte | NC | 28290 | Food Service Mgmt | 1850592 |
| RD Lambert and Son | |||||
| 1724 Lambert Court | Chesapeake | VA | 23327 | Design/Build Cons | 543293 |
| Noel Levitz | |||||
| 2350 Oakdale Blvd | Coralville | IA | 52241 | Enrollment Mgt Consu | 107785 |
| Cho Ben Holback Associates Inc | |||||
| 100 North Charles Street | Baltimore | MD | 21201 | Architectural Servic | 104059 |
| Aramark | |||||
| 527 Plymouth Rd | Plymouth Meeting | PA | 19462 | Facilities Mgmt Serv | 589860 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 273514 | GovernmentGrants |
| All Other Contributions | 10069894 | AllOtherContributions |
| Noncash Contributions | 659192 | NoncashContributions |
| Total Contributions | 10343408 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| STUDENT FEES | 32236288 | 32236288 |
| OTHER | 328935 | 328935 |
| AUXILIARY ENTERPRISE | 6101988 | 6101988 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 38667211 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 243869 | TotalRevenueColumn |
| Exclusion | $243,869 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 281123 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 296133 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -15010 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -15010 | TotalRevenueColumn |
| Unrelated Business Revenue | -50442 | UnrelatedBusinessRevenue |
| Exclusion | $35,432 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5800972 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6097904 | Securities |
| Other | 126198 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -296932 | Securities |
| Other | -126198 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -423130 | TotalRevenueColumn |
| Exclusion | -$423,130 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 907343 | GrossSalesOfInventory |
| Cost Of Goods Sold | 653438 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 253905 | TotalRevenueColumn |
| Exclusion | $253,905 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Furnishing of Meals | Description |
| Total Revenue Column | 244487 | TotalRevenueColumn |
| Unrelated Business Revenue | 244487 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 244487 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 49314740 | TotalRevenueColumn |
| Related Or Exempt Function Income | 38667211 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 194045 | UnrelatedBusinessRevenue |
| Exclusion | $110,076 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12153123 | Total |
| Program Services | 12153123 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1175500 | Total |
| Program Services | 583962 | ProgramServices |
| Management And General | 266402 | ManagementAndGeneral |
| Fundraising | 325136 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14380416 | Total |
| Program Services | 11444726 | ProgramServices |
| Management And General | 2280637 | ManagementAndGeneral |
| Fundraising | 655053 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1013118 | Total |
| Program Services | 769794 | ProgramServices |
| Management And General | 188617 | ManagementAndGeneral |
| Fundraising | 54707 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2439154 | Total |
| Program Services | 1960412 | ProgramServices |
| Management And General | 398972 | ManagementAndGeneral |
| Fundraising | 79770 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1121582 | Total |
| Program Services | 852234 | ProgramServices |
| Management And General | 208790 | ManagementAndGeneral |
| Fundraising | 60558 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88000 | Total |
| Management And General | 88000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219482 | Total |
| Management And General | 219482 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35893 | Total |
| Management And General | 35893 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1827670 | Total |
| Program Services | 1654579 | ProgramServices |
| Management And General | 173091 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 338251 | Total |
| Program Services | 230939 | ProgramServices |
| Management And General | 55343 | ManagementAndGeneral |
| Fundraising | 51969 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1524418 | Total |
| Program Services | 1383745 | ProgramServices |
| Management And General | 140673 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2725651 | Total |
| Program Services | 2568086 | ProgramServices |
| Management And General | 157565 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 274736 | Total |
| Management And General | 274736 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Supplies | 972630 | 828419 | 107328 | 36883 |
| Student Activites | 215840 | 215840 | ||
| Other | 2152143 | 805525 | 1295112 | 51506 |
| Cost of Sales (Auxiliary) | 1623324 | 1623324 | ||
| Athletics | 544296 | 544296 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283722 | Total |
| Program Services | 152919 | ProgramServices |
| Management And General | 130802 | ManagementAndGeneral |
| Fundraising | 1 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45108949 | Total |
| Program Services | 37771923 | ProgramServices |
| Management And General | 6021443 | ManagementAndGeneral |
| Fundraising | 1315583 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5586470 | BOY |
| EOY | 5295474 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4550085 | BOY |
| EOY | 3934581 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404552 | BOY |
| EOY | 482230 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1295439 | BOY |
| EOY | 1239913 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 230187 | BOY |
| EOY | 242782 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 353294 | BOY |
| EOY | 362849 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 88944027 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32809777 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57020411 | BOY |
| EOY | 56134250 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37060389 | BOY |
| EOY | 45232095 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1061687 | BOY |
| EOY | 1152173 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107562514 | BOY |
| EOY | 114076347 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3866536 | BOY |
| EOY | 3798973 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 956614 | BOY |
| EOY | 956614 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1089924 | BOY |
| EOY | 988206 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34883086 | BOY |
| EOY | 34049111 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2481356 | BOY |
| EOY | 3851804 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43277516 | BOY |
| EOY | 43644708 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25674944 | BOY |
| EOY | 25113810 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8057794 | BOY |
| EOY | 7449251 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30552260 | BOY |
| EOY | 37868578 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64284998 | BOY |
| EOY | 70431639 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107562514 | BOY |
| EOY | 114076347 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 256973 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38037748 | BeginningOfYearBalance |
| Contributions | 8004523 | Contributions |
| Investment Earnings Or Losses | 3061742 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1247793 | GrantsOrScholarships |
| Other Expenditures | -1046791 | OtherExpenditures |
| End Of Year Balance | 46809429 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 52014786 | BeginningOfYearBalance |
| Contributions | 742235 | Contributions |
| Investment Earnings Or Losses | -12324110 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1312308 | GrantsOrScholarships |
| Other Expenditures | -1082855 | OtherExpenditures |
| End Of Year Balance | 38037748 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.83000 | PermanentEndowmentEOYBalance |
| 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 | 586068 | OtherCostOrOtherBasis |
| Book Value | 586068 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73263134 | OtherCostOrOtherBasis |
| Depreciation | 20944823 | Depreciation |
| Book Value | 52318311 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12584273 | OtherCostOrOtherBasis |
| Depreciation | 10017490 | Depreciation |
| Book Value | 2566783 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2510552 | OtherCostOrOtherBasis |
| Depreciation | 1847464 | Depreciation |
| Book Value | 663088 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 56134250 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Obligations under split interest agmnt | $268,931 |
| Obligations under int rate swap contract | $3,582,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3851804 | TotalOfAmounts |
| Total Revenue | 49314740 | TotalRevenue |
| Total Expenses | 45108949 | TotalExpenses |
| Excess Or Deficit For Year | 4205791 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1940850 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1940850 | TotalAdjustments |
| Excess Or Deficit Per FS | 6146641 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 40178235 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 4393376 | OtherRevenues |
| Revenue Not Rptd F990 | 4393376 | RevenueNotRptdF990 |
| Revenue Subtotal | 35784859 | RevenueSubtotal |
| Other Revenues Not Included | 13529881 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 13529881 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 49314740 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34031595 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1075769 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1075769 | ExpensesNotRptdF990 |
| Expenses Subtotal | 32955826 | ExpensesSubtotal |
| Other Expenses Not Included | 12153123 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12153123 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 45108949 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | The College believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. |
| Part XIII, Line 4b | Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Financial Aid Expense $12153123 |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | Cost of Sales $653438 Facilities Expense $296133 Loss on Abandonment $126198 |
| Part XII, Line 4b | Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Financial Aid Expense $12153123 Income on interest rate swap contract $1376758 |
| Part XII, Line 2d | Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Cost of Sales $653438 Facilities Expense $296133 Unrealized Gain $3317607 Loss on Abandonment $126198 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | $ -0 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | Endowment funds are used to fund scholarships and grants for students and support operations. |
| Part III, Line 4 | Part III, Line 4: Description of organization's collections and how it furthers its purpose. | The collection consists primarily of paintings and is held for public display in relation to art classes taught by the College. |
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 |
| Pub Via Broadcast Media Expln | PUBLISHED ANNUALLY IN LOCAL MAJOR NEWSPAPER. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | The College receives funds from the Federal Government under the Federal Supplemental Educational Opportunity Grant (FSEOG) program and the Federal Work-study program. Grants received are awarded to students using one of four Federal policies based on the Free Application of Federal Student Aid (FAFSA). | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships | 674 | 1723587 |
| Minister's Children | 8 | 27790 |
| Grants | 969 | 10184014 |
| Federal Grants | 107 | 170798 |
| Christian Service | 5 | 46934 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | The Financial Aid Office is charged with determining eligibility, allocations of grant funds, and monitoring of student accounts. Financial need is determined after an analysis of the Free Application for Federal Student Aid (FAFSA) is completed. The College also offers academic scholarships, without regard to need, to entering new and transfer students with outstanding academic records. | 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 Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | 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 |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|
| Rick Hinshaw | ||||
| 143292 | 10989 | 9395 | 163676 | 164086 |
| Dr William T Greer Jr | ||||
| 325008 | 44550 | 59123 | 428681 | 429676 |
| Dr Timothy O'Rourke | ||||
| 171031 | 14000 | 8123 | 193154 | 193274 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch J, Part I, Line 1a | Identifier |
| Return Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | ReturnReference |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | City of VB Dev Auth | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 540947964 | IssuerEIN |
| CUSIP Number | 92773PAB2 | CUSIPNumber |
| Date Issued | 2007-05-31 | DateIssued |
| Issue Price | 30350000 | IssuePrice |
| Description Of Purpose | Refinance of addl facilities | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
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 |
| Percentage Of Prvt Business Re UBI | 0.01000 | PercentageOfPrvtBusinessReUBI |
| 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 | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bank of America | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.0000 | TermOfHedge |
| Regulatory Safe Harbor Satisfied | true | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | Cary Sawyer | NameOfInterestedPerson |
| Relationship With Organization | Officer | RelationshipWithOrganization |
| Type Of Assistance | see schedule O | TypeOfAssistance |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 635130 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Other | Description |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 24062 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Governing documents, policies and financial statements are provided upon request. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Officers, Directors, and Trustees are required to annually sign a form stating that there are no conflicts of interest between themselves and the College. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | Management will review a draft of the returns, then provide a copy to members of the Audit Committee and Finance Committee. |
| Form 990, Part VI, Line 3 | Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company | The College's Vice President of Operations, Bruce Vaughn, is charged with the College's maintenance and improvement plan, including duties involving the physical plant, bookstore, computer services, risk management and purchasing. He is not an employee of the College. He is an employee of Aramark who provides Facilities Management Services for the College. |
| Client Note1 | Form 990, Part IX, Line 24fAll Other ExpensesInformation Services 122,001Maintenance 161,720Postage & Shipping 1 Total 283,722 |