2026-05-15T07:41:54+00:00 2025-06-30 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-07-01 590704726 BETHUNE-COOKMAN UNIVERSITY BETH 3864812042 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 32114 James Cleveland VP of Fiscal Affairs/CFO 3864812042 2026-05-15 true true April Arnold P01559426 5612991820 2026-05-15 2024 2025-03-06 01:10:19Z DR WILLIAM BERRY 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 32114 107921917 false X WWW.COOKMAN.EDU X 1904 FL TO SERVE THE EDUCATIONAL, SOCIAL, AND CULTURAL NEEDS OF ITS STUDENTS. 10 10 968 10 0 36320269 35174594 62110899 71394711 1745701 723948 25355 32815 100202224 107326068 16947382 21064003 0 0 38509857 39758085 0 0 1844686 49479322 51867845 104936561 112689933 -4734337 -5363865 227841850 230094684 99896282 101940956 127945568 128153728 X THE MISSION OF BETHUNE-COOKMAN UNIVERSITY IS TO EDUCATE A DIVERSE COMMUNITY OF LEARNERS TO BECOME RESPONSIBLE, PRODUCTIVE CITIZENS AND SOLUTION SEEKERS THROUGH THE PROMOTION OF FAITH, SCHOLARSHIP, CREATIVE ENDEAVORS, LEADERSHIP AND SERVICE. false false 35942533 0 42582019 INSTRUCTION: BETHUNE-COOKMAN UNIVERSITY HAS FOUR ACADEMIC COLLEGES: BUSINESS & ENTREPRENEURSHIP; ARTS AND HUMANITIES; NURSING AND HEALTH SCIENCES; SCIENCE, ENGINEERING & MATHEMATICS TO AWARD BACHELOR'S AND MASTER'S DEGREES. 27877995 0 27645185 AUXILIARY SERVICES: THROUGH ITS FOOD SERVICES DEPARTMENT, MEAL PLANS ARE PROVIDED FOR STUDENTS LIVING ON CAMPUS. A CAFETERIA, IN ADDITION TO A STARBUCKS CAFE AND WORLD OF WINGS ARE ALSO AVAILABLE FOR OFF-CAMPUS STUDENTS, FACULTY AND VISITORS. VARIOUS ATHLETIC PROGRAMS ARE ALSO OFFERED FOR STUDENTS. THE UNIVERSITY ALSO MAINTAINS SEVEN RESIDENCE HALLS THAT PROVIDE FULL LIVING FACILITIES FOR APPROXIMATELY 1,800 STUDENTS. ALL RESIDENCE HALLS ARE CONNECTED TO THE INTERNET. THE BOOKSTORE OFFERS TEXTBOOKS AND OTHER SUPPLIES FOR THE STUDENTS. 21064003 21064003 0 STUDENT AID: GRANTS AND SCHOLARSHIPS WERE PROVIDED TO STUDENTS BASED ON ACADEMIC AND ATHLETIC ACHIEVEMENT, AND FINANCIAL NEED. THE UNIVERSITY ALSO PARTICIPATES IN VARIOUS FEDERAL AND STATE PROGRAMS OFFERING FINANCIAL AID TO STUDENTS. 8881555 0 1167507 STUDENT SERVICES: STUDENTS ARE INVOLVED IN A VARIETY OF CULTURAL AND SOCIAL PROGRAMS TO ENRICH THEIR EDUCATIONAL EXPERIENCES. SUPPORT FOR STUDENTS WITH LEARNING AND PHYSICAL DISABILITIES ARE ALSO PROVIDED. VARIOUS COMPUTER LABS AND A 24-HOUR LIBRARY ARE OPEN TO ALL STUDENTS TO SUPPORT THEIR EDUCATIONAL EXPERIENCE. BETHUNE-COOKMAN UNIVERSITY ALSO HAS A ROTC OFFICE AVAILABLE TO STUDENTS. 8881555 1167507 93766086 true true false false false false false false false true true false false true true true true false true false false false false false false false false false true true false false false false false false false true false false true false false false false false false false false false true 513 0 true 968 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true true true false false FL X X JAMES CLEVELAND 3864812042 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 32114 JEFFERY E BRANCH VICE CHAIR 1.0 X X 0 0 0 JENNIFER ADAMS SECRETARY 1.0 X X 0 0 0 JOYOURS PETE GAMBLE BOARD CHAIR 1.0 X X 0 0 0 ADM DAVID BREWER III TRUSTEE 1.0 X 0 0 0 COURTNEY RHODES TRUSTEE 1.0 X 0 0 0 DERRICK SCOTT III TRUSTEE 1.0 X 0 0 0 GREGORIO A FRANCIS ESQ TRUSTEE 1.0 X 0 0 0 JOHN CROSSMAN TRUSTEE 1.0 X 0 0 0 MARC O'FERRALL TRUSTEE 1.0 X 0 0 0 REV GERALDINE MCCLELLAN TRUSTEE 1.0 X 0 0 0 DR KAREN BEARDON EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER 40.0 X 325008 0 0 DR WILLIAM BERRY ACTING PRESIDENT/SR. VP 40.0 X 350537 0 463 JAMES A CLEVELAND CHIEF INVESTMENT OFFICER/VP FISCAL AFFAIRS 40.0 X 206713 0 2938 DR CAMAILLE L SHEPARD VP ENROLLMENT MANAGEMENT 40.0 X 162400 0 0 REGINALD THEUS ATHLETIC DIRECTOR/BASKETBALL COACH 40.0 X 530775 0 0 VALENCIA GALLON- STUBBS VP OF LEGAL AFFAIRS AND GENERAL COUNSEL 40.0 X 160587 0 36912 DR DAWN L EASTMOND DEAN COLLEGE OF SCIENCE ENGINEERING AND MATHEMATICS 40.0 X 250830 0 30601 DR JAN A BOULWARE DEAN COLLEGE OF ARTS AND HUMANITIES 40.0 X 205587 0 41662 DR SANDRA TUCKER DEAN COLLEGE OF NURSING AND HEALTH SCIENCES 40.0 X 192662 0 671 JARED BROOKS ESQ. BOARD RELATIONS & GOVERNMENT AFFAIRS 40.0 X 191685 0 13744 RAYMOND WOODIE HEAD FOOTBALL COACH 40.0 X 248958 0 1042 2825742 0 128033 53 false true false SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE AND MAINTENANCE 12772351 ARCHITEKTONS LLC PO BOX 621432-1432 OVIEDO FL 32765 CONSTRUCTION/BUILDING IMPROVEMENT 1908904 CONSTRUCT TWO GROUP 254 SOUTH ORTMAN DR ORLANDO FL 32811 CONSTRUCTION/BUILDING IMPROVEMENT/MGMT 1650969 JENZABAR PO BOX 845588 BOSTON MA 02284 ERP SOFTWARE 861039 AG PIFER CONSTRUCTION CO INC 3629 OLD DELAND ROAD DAYTONA BEACH FL 32124 CONSTRUCTION/BUILDING IMPROVEMENT 816094 40 27034253 8140341 917630 35174594 TUITION & FEES 611710 42582019 42582019 AUXILIARY ENTERPRISES 611710 27658285 27658285 OTHER PROGRAM SERVICE REVENUE 611710 1154407 1154407 0 0 0 0 71394711 522752 522752 13100 0 13100 0 13100 13100 794745 2300 595849 198896 2300 201196 201196 VENDING MACHINE INCOME 900099 19715 19715 0 0 0 0 19715 107326068 71394711 0 756763 21064003 21064003 0 0 0 0 1776333 1046323 643345 86665 0 0 0 0 32174116 26656041 4990959 527116 210543 98495 101017 11031 3327020 2524213 786533 16274 2270073 1891912 332218 45943 0 0 0 0 454486 3276 448380 2830 256314 0 173814 82500 0 0 0 0 0 0 29757 0 29757 0 6771242 5321440 929718 520084 438388 207729 4927 225732 3212458 2574317 540612 97529 6993741 3186282 3692839 114620 0 0 0 0 9454593 7151871 2302722 0 3917116 3628528 229565 59023 0 0 0 0 0 0 0 0 2154322 1695927 458395 0 0 0 0 0 6404345 5128076 1276269 0 2992666 2992666 0 0 STUDENT FOOD SERVICE 8788417 8594987 138091 55339 0 0 0 0 112689933 93766086 17079161 1844686 15899745 10025155 10598072 8886509 1727309 2353846 0 0 0 0 378413 833874 258810048 110639472 143067628 148170576 45888112 41136933 27263 0 15033750 13909349 227841850 230094684 3942981 7738559 1769801 2583012 0 0 92617761 89026374 1565739 2593011 99896282 101940956 X 92998483 89442314 34947085 38711414 127945568 128153728 227841850 230094684 -5363865 5572025 0 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41110832 719656 5363711 1276330 29757 45888112 36303752 240957 4339577 -237587 11041 41110832 33794414 103604 2527384 92958 28692 36303752 34996645 418469 -1143507 418469 58724 33794414 28200894 484386 6871769 481654 78750 34996645 0.18 0.0 0.82 false false 8089436 8089436 218907163 88325567 130581596 29894421 22313905 7580516 1919028 1919028 148170576 OTHER ASSETS 10544 ESCROWS AND SINKING FUNDS 11307138 BENEFICIARY INTEREST IN TRUSTS 337483 OPERATING LEASE RIGHT OF USE ASSETS 2254184 13909349 Federal Income Taxes STUDENT DEPOSITS 265502 DEPOSITS 73325 OPERATING LEASE LIABILITIES 2254184 2593011 X 91834090 5572025 -21064003 -15491978 107326068 0 0 107326068 91625930 0 0 91625930 21064003 21064003 112689933 Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWED ASSETS CONSIST OF APPROXIMATELY 190 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES SUCH AS ACQUISITION AND MAINTENANCE OF BUILDING AND EQUIPMENT, STUDENT AID, AND OTHER EDUCATIONAL AND GENERAL OPERATIONS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY, FROM TIME TO TIME, ENGAGE IN ACTIVITIES SUBJECT TO UNRELATED BUSINESS INCOME TAX. HOWEVER, TAXES ON UNRELATED BUSINESS ACTIVITIES HAVE NOT BEEN MATERIAL TO THE FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FURTHERMORE, THE UNIVERSITY'S ADMINISTRATION HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SCHOLARSHIP ALLOWANCE - -21064003 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIP ALLOWANCE - 21064003 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE POLICY IS LISTED IN ADMISSIONS PACKETS AND THE COLLEGE CATALOG AS WELL AS STUDENT/FACULTY HANDBOOKS. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE COLLEGE PARTICIPATES IN NUMEROUS FEDERAL AND STATE PROGRAMS AS LISTED BELOW. THESE PROGRAMS ARE AUDITED ANNUALLY IN ACCORDANCE WITH RELATED REGULATIONS. FEDERAL PROGRAMS: U.S. DEPARTMENT OF EDUCATION CORPORATION FOR NATIONAL & COMMUNITY SERVICE (AMERICORPS) NATIONAL SCIENCE FOUNDATION U.S. DEPARTMENT OF COMMERCE STATE PROGRAMS: FLORIDA DEPARTMENT OF EDUCATION EDUCATION FLORIDA DEPARTMENT OF HIGHWAY SAFETY AND MOTOR VEHICLES FLORIDA DEPARTMENT OF HEALTH FLORIDA DEPARTMENT OF STATE DIVISION OF HISTORICAL RESOURCES true SCHOLARSHIPS FOR ACADEMIC, ATHLETIC, AND FINANCIAL NEED 2699 21064003 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds GRANTS AWARDED ARE PART OF AN OVERALL SCHOLARSHIP PROGRAM IN WHICH CRITERIA AND AMOUNTS AWARDED ARE RECORDED BY GRANTEE. X X X false false false false false false false false false DR WILLIAM BERRY ACTING PRESIDENT/SR. VP 350537 0 0 0 0 0 0 0 463 0 351000 0 0 0 DR KAREN BEARDON EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER 325008 0 0 0 0 0 0 0 0 0 325008 0 0 0 JAMES A CLEVELAND CHIEF INVESTMENT OFFICER/VP FISCAL AFFAIRS 206713 0 0 0 0 0 2552 0 386 0 209651 0 0 0 REGINALD THEUS ATHLETIC DIRECTOR/BASKETBALL COACH 400000 0 130775 0 0 0 0 0 0 0 530775 0 0 0 DR CAMAILLE L SHEPARD VP ENROLLMENT MANAGEMENT 162400 0 0 0 0 0 0 0 0 0 162400 0 0 0 VALENCIA GALLON- STUBBS VP OF LEGAL AFFAIRS AND GENERAL COUNSEL 160587 0 0 0 0 0 6000 0 30912 0 197499 0 0 0 DR DAWN L EASTMOND DEAN COLLEGE OF SCIENCE ENGINEERING AND MATHEMATICS 250830 0 0 0 0 0 0 0 30601 0 281431 0 0 0 RAYMOND WOODIE HEAD FOOTBALL COACH 248958 0 0 0 0 0 0 0 1042 0 250000 0 0 0 DR JAN A BOULWARE DEAN COLLEGE OF ARTS AND HUMANITIES 205587 0 0 0 0 0 10750 0 30912 0 247249 0 0 0 DR SANDRA TUCKER DEAN COLLEGE OF NURSING AND HEALTH SCIENCES 192662 0 0 0 0 0 0 0 671 0 193333 0 0 0 JARED BROOKS ESQ. BOARD RELATIONS & GOVERNMENT AFFAIRS 191685 0 0 0 0 0 0 0 13744 0 205429 0 0 0 SODEXO INC & AFFILIATES INDEPENDENT CONTRACTOR & CONTRIBUTOR 12772351 CONTRACT SERVICE PAYMENTS FOR FOOD SERVICE AND MAINTENANCE false 4 917630 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 8,881,555 including grants of $ 0)(Revenue $ 1,167,507) STUDENT SERVICES: STUDENTS ARE INVOLVED IN A VARIETY OF CULTURAL AND SOCIAL PROGRAMS TO ENRICH THEIR EDUCATIONAL EXPERIENCES. SUPPORT FOR STUDENTS WITH LEARNING AND PHYSICAL DISABILITIES ARE ALSO PROVIDED. VARIOUS COMPUTER LABS AND A 24-HOUR LIBRARY ARE OPEN TO ALL STUDENTS TO SUPPORT THEIR EDUCATIONAL EXPERIENCE. BETHUNE-COOKMAN UNIVERSITY ALSO HAS A ROTC OFFICE AVAILABLE TO STUDENTS. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES COMPENSATION FOR THE PRESIDENT AND OTHER TOP MANAGEMENT BASED ON PERFORMANCE AND COMPARABLE DATA OBTAINED FROM INSTITUTIONS OF COMPARABLE SIZE. THE COMPENSATION OF OTHER OFFICERS AND OTHER KEY EMPLOYEES IS BASED ON PERFORMANCE AND COMPARABLE DATA OBTAINED FROM INSTITUTIONS OF COMPARABLE SIZE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS MADE AVAILABLE TO SELECT MEMBERS OF THE FINANCE COMMITTEE BEFORE FILING AND AFTER A COMPREHENSIVE REVIEW BY THE ACCOUNTING OFFICE, THE CONTROLLER AND THE CFO. A COPY OF THE RETURN, AS ULTIMATELY FILED, IS MAINTAINED BY THE CHIEF FINANCIAL OFFICER AND IS AVAILABLE FOR INSPECTION BY BOARD MEMBERS UPON REQUEST. Form 990, Part VI, Line 12c Conflict of interest policy EVERY YEAR ALL BOARD MEMBERS ARE REQUIRED TO REAFFIRM IN WRITING THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND TO REPORT ANY POTENTIAL CONFLICTS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS ARE AVAILABLE ON SUNBIZ.ORG. FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST.