2026-05-15T16:13:45-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DRIVE 3RD FLOOR CHRISTIANSBURG VA 24073 990 2024-07-01 550357021 DAVIS & ELKINS COLLEGE DAVI 3046371250 100 CAMPUS DRIVE ELKINS WV 26241 DIANA L WHITE CHIEF FINANCIAL OFFICER 3046371250 2026-05-15 1 0 MARK WOOLWINE P00647446 5404433606 2026-05-15 2024 2025-03-06 01:10:19Z DIANA L WHITE 100 CAMPUS DRIVE ELKINS WV 26241 37060175 0 X WWW.DEWV.EDU X 1904 WV TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD. 24 23 629 0 370478 0 6170263 5188118 27060624 27654776 4006237 3244183 680606 961092 37917730 37048169 14185950 14006291 0 0 12341802 12573625 0 0 974688 12579895 13737449 39107647 40317365 -1189917 -3269196 130338127 131437547 4621180 6333991 125716947 125103556 TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD. 0 0 35342493 14006291 28167929 EDUCATION - PROVIDE HIGHER EDUCATION TO STUDENTS. 35342493 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 933 0 1 629 1 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE ORGANIZATION 3046371243 100 CAMPUS DRIVE ELKINS WV 262413996 MR DAVID E CUTLIP BOARD CHAIR 1.00 X X 0 0 0 MR BARRY A GREENE BOARD TREASURER 1.00 X X 0 0 0 MR REGINALD OWENS BOARD SECRETARY 1.00 X X 0 0 0 MS BARBARA PORTER BOARD VICE CHAIR 1.00 X X 0 0 0 MS JOYCE B ALLEN BOARD TRUSTEE 1.00 X 0 0 0 MR MARK S BARBER BOARD TRUSTEE 1.00 X 0 0 0 MR JAMES BIALEK BOARD TRUSTEE 1.00 X 0 0 0 MS SARAH BILLER BOARD TRUSTEE 1.00 X 0 0 0 MR NATHANIEL BONNELL BOARD TRUSTEE 1.00 X 0 0 0 MS MELANIE DEMPSEY BOARD TRUSTEE 1.00 X 0 0 0 MS NANCY EVANS-BENNETT BOARD TRUSTEE 1.00 X 0 0 0 DR KIMBERLY M FARRY BOARD TRUSTEE 1.00 X 0 0 0 MR WILLIAM N JOHNSTON BOARD TRUSTEE 1.00 X 0 0 0 MR HENRY M MOORE BOARD TRUSTEE 1.00 X 0 0 0 MS JUNE B MYLES BOARD TRUSTEE 1.00 X 0 0 0 MR WILLIAM W NUTTALL BOARD TRUSTEE 1.00 X 0 0 0 DR JOHN OCHSENDORF BOARD TRUSTEE 1.00 X 0 0 0 DR NICOLAAS P PRONK BOARD TRUSTEE 1.00 X 0 0 0 DR ROBERT G SMITH BOARD TRUSTEE 1.00 X 0 0 0 MR LOUIS W STARK BOARD TRUSTEE 1.00 X 0 0 0 MR PAUL S STIRRUP BOARD TRUSTEE 1.00 X 0 0 0 MR LEONARD J TIMMS BOARD TRUSTEE 1.00 X 0 0 0 MS AMBER VINEYARD BOARD TRUSTEE 1.00 X 0 0 0 MR CHRIS A WOOD PRESIDENT 37.50 X X 251950 0 47581 ROBERT J PHILLIPS PROVOST AND VP FOR ACADEMI 37.50 X 113750 0 23230 SCOTT D GOODARD VP FOR INSTITUTIONAL ADVAN 37.50 X 110500 0 6643 DIANA L WHITE VP FOR BUSINESS AND ADMINISTRATION 37.50 X 143571 0 5389 JENNIFER S RIGGLEMAN ATHLETIC DIRECTOR 37.50 X 96366 0 6059 KATHERINE M GARLICK DEAD OF STUDENTS 37.50 X 80480 0 17787 796617 0 106689 4 0 1 0 HIGH POINT CONSTRUCTION 643 ROUTE 20 SOUTH ROAD BUCKHANNON WV 26201 CONSTRUCTION SERIVCES 5795129 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 1354295 US FOOD SERVICE PO BOX 643190 PITTSBURGH PA 15264 FOOD SERVICES 892700 ROZELLE ENTERPRISES INC 5 WEST LINCOLN STREET BUCKHANNON WV 26201 CONSTRUCTION SERIVCES 302375 INDEPENDENT COLLEGE ENTERPRISE 2300 MACCORKLE AVE SE CHARLESTON WV 25304 COMPUTER/IT SERVICES 287367 15 118046 5070072 5017590 5188118 TUITION AND FEES 611310 20905103 20905103 AUXILIARY ENTERPRISE REVENUE 611710 6749673 6379195 370478 27654776 1770836 1770836 1473347 0 1473347 1473347 1473347 16032 7196 8836 8836 73435 4810 68625 68625 OTHER INCOME 611710 883631 883631 883631 37048169 28167929 370478 3321644 14006291 14006291 960480 330767 283591 346122 9050741 7694613 1049908 306220 275907 231964 33960 9983 1665678 1449127 156588 59963 620819 517702 79691 23426 285000 285000 140248 140248 1290096 960633 288732 40731 1370044 1315370 11156 43518 331162 291655 5888 33619 8297 4929 -151 3519 3232614 2951669 239813 41132 CONTRACT SERVICES 3491595 2459530 995125 36940 MISCELLANEOUS 2577589 2490823 69093 17673 EQUIPMENT RENTAL AND MA 580911 435474 145911 -474 PRINTING & PUBLICATIONS 290055 265549 19081 5425 139838 -63603 196550 6891 40317365 35342493 4000184 974688 2850594 1857568 7044780 5502168 1233644 1489960 68700 75341 111555765 58364261 47918068 53191504 59188897 61894603 2091514 1254296 9941930 6172107 130338127 131437547 3419854 2141347 405971 429274 292142 800000 503213 2963370 4621180 6333991 X 32277075 23830788 93439872 101272768 125716947 125103556 130338127 131437547 X -3269196 2274196 381609 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 929727 X X 0 72430967 308000 5335168 1143305 1856695 75074135 64031427 405230 8606377 1252895 899980 -1540808 72430967 61636967 712523 3805604 995284 1128383 64031427 71420183 2429003 -8268974 957953 969648 2015644 61636967 45036577 15148149 14018795 931063 932919 919356 71420183 0.06000 0.94000 0.00000 1 0 1994448 1994448 87525404 43769328 43756076 10486427 9075197 1411230 11549486 5519736 6029750 53191504 OBLIGATIONS UNDER SPLIT INTEREST AGREEMENTS 61594 RESTRICTED DEPOSITS HELD BY TRUSTEE 1610807 FINANCE LEASE OBLIGATIONS 1290969 2963370 25424689 2274196 381609 2655805 22768884 285000 13994285 14279285 37048169 26038080 12006 12006 26026074 285000 14006291 14291291 40317365 PART III, LINE 4: THE COLLEGE HAS RECEIVED A NUMBER OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ITEMS AS GIFTS FROM DONORS. THESE ITEMS ARE HELD BY THE COLLEGE AS A COMPONENT OF ITS LAND, BUILDINGS AND EQUIPMENT AND USED FOR PUBLIC EXHIBITION AND PRESERVATION FOR FUTURE GENERATIONS. AMONG THE COLLEGE'S WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS ARE COLLECTIONS CONSISTING OF THE FOLLOWING ITEMS: EARLY AMERICAN AND CIVIL WAR ERA PERSONAL MILITARY ANTIQUES SUCH AS POWDER HORNS, RIFLES, PISTOLS, SABORS, UNIFORM ITEMS, ETC. NATIVE AMERICAN RELICS, ARTIFACTS AND WEAPONRY EARLY AMERICAN AND NATIVE AMERICAN PEWTER PRESIDENT LINCOLN BOOKS AND MEMORABILIA WEST VIRGINIA STATE BOOKS AND MEMORABILIA PAINTINGS BY VARIOUS ARTISTS WEST VIRGINIA BLUE BOOKS COLLECTION ARTHUR FOSTER CYPRIOT BRONZE AGE CERAMIC COLLECTION SWEENEY COLLECTION OF CERAMIC ARTIFACTS DATING FROM ANCIENT EGYPTIAN DYNASTY TO THE MEXICAN MAYAN CULTURE PATTY LOMAN COLLECTION OF TRADITIONAL MUSICAL INSTRUMENTS ROMAN COIN COLLECTIONS STIENWAY PIANOS FOSSIL COLLECTIONS CREATIVE STATUES THESE WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ITEMS SERVE TO ENHANCE THE COLLEGE'S LIBERAL ARTS EMPHASIS. PART V, LINE 4: TO GENERATE INCOME THROUGH INVESTMENT OF CORPUS THAT PROVIDES FOR FINANCIAL AID REWARDS TO STUDENTS BASED ON DONOR STIPULATIONS AND ASSISTANCE FOR OTHER PROGRAMS AND FACILITY OPERATION AS DETERMINED BY THE COLLEGE'S ADMINISTRATION IN ADHERENCE TO RESTRICTIONS, IF ANY, PLACED BY THE DONOR. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE SPLIT INTEREST 381,609. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 14,006,291. GAMING EXPENSES -4,810. FUNDRAISING EXPENSES -7,196. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 4,810. FUNDRAISING EXPENSES 7,196. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS 14,006,291. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DAVIS AND ELKINS COLLEGE IS COMMITTED TO ASSURING EQUAL OPPORTUNITY TO ALL PERSONS AND (AS REQUIRED BY TITLE IX OF THE EDUCATION AMENDMENT OF 1972, SECTION 504 OF THE ACT OF 1973 AND OTHER APPLICABLE STATUTES) DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, RELIGION, ANCESTRY, NATIONAL ORIGIN, AGE, SEXUAL ORIENTATION, OR HANDICAP IN ITS EDUCATIONAL PROGRAMS, ACTIVITIES, ADMISSIONS OR EMPLOYMENT PRACTICES. INQUIRIES CONCERNING TITLE IX AND/OR 504 COMPLIANCE SHOULD BE REFERRED TO THE COLLEGE TITLE IX COORDINATOR, DAVIS AND ELKINS COLLEGE, 100 CAMPUS DRIVE, ELKINS, WV 26241-3996, OR SECTION 504 COORDINATOR, DAVIS AND ELKINS COLLEGE, 100 CAMPUS DRIVE, ELKINS, WV 26241-3996. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FINANCIAL AID IN THE FORM OF FEDERAL FAMILY EDUCATION LOANS, FEDERAL PERKINS LOANS, FEDERAL PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL WORK-STUDY, AND UPWARD BOUND GRANTS, MOST OF WHICH IS PASSED THROUGH TO STUDENTS. STUDENT FEDERAL AID GRANTS: FEDERAL WORK-STUDY PROGRAM $106,006 FSEOG $183,077; ACA PELL, FPERK, FSEOG, FWS $4,941; DIRECT FEDERAL PROGRAM GRANTS: TRIO - UPWARD BOUND RBT/P&P - US DEPARTMENT OF EDUCATION $619,786; TRIO - VETERANS UPWARD BOUND - US DEPARTMENT $392,420; TRIO - INDRECT COSTS $6,0087; TRIO - USDA SUMMER FOOD PROGRAM $14,666; OTHER DIRECT FEDERAL PROGRAM GRANTS $19,466; OTHER STATE FUNDED GRANTS $286,778; TOTAL GRANT MONIES $1,687,225 SENATOR SEPCTACULAR 6547 6547 2968 443 550 BASEBALL GOLF TOURNAMENT 8150 8150 2360 875 1 1335 1335 16032 16032 2360 3843 443 550 7196 8836 73435 4810 0 73435 4810 4810 68625 WV 1 0 1 0 1.00000 DIANA L WHITE CFO 100 CAMPUS DRIVE ELKINS WV 26241 0 PATRICK SNIVELY ATHLETIC DIRECTOR OVERSIGHT OF DEPARTMENT ACTIVITIES X 0 1 SCHOLARSHIPS AND DISCOUNTS 682 13819407 AID SEOG 319 186884 GRANT PART I, LINE 2: GRANTS ARE MONITORED BY THE BUSINESS OFFICE AND OTHER VARIOUS AREAS. FINANCIAL AID GRANTS ARE MONITORED BY THE FINANCIAL AID OFFICE TO ENSURE COMPLIANCE WITH ELIGIBILITY, SELECTION, AND DISTRIBUTION. DOCUMENTATION IS MAINTAINED AND AUDITED ANNUALLY. OTHER DEPARTMENT GRANTS ARE MONITORED BY THE DEPARTMENT CHAIR AND THE BUSINESS OFFICE TO ENSURE THAT EXPENDITURES COMPLY WITH GRANT REQUIREMENTS AND ARE NOT DIVERTED FOR OTHER USES. X 1 1 X X 0 0 0 0 0 0 0 0 0 MR CHRIS A WOOD PRESIDENT 251950 0 0 0 0 0 30598 0 16983 0 299531 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDES THE PRESIDENT WITH HOUSING AND A VEHICLE. X 2 52482 AVE HIGH/LOW AT TRANSFER 0 0 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE FINANCIAL OVERSIGHT COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD ARE EXPECTED TO AVOID CONFLICTS OF INTEREST RISING FROM THEIR PERSONAL AND BUSINESS AFFILIATIONS IN THEIR RESPONSIBILITY TO THE DAVIS & ELKINS COLLEGE BOARD. INDIVIDUALS WILL NOT BE CONSIDERED FOR BOARD MEMBERSHIP IF THERE IS AN OBVIOUS CONFLICT; HOWEVER, IF ISSUES ARISE DURING THE SERVICE OF A BOARD MEMBER, THE MEMBER SHALL RECUSE HIM OR HERSELF FROM ANY VOTE THAT WOULD REPRESENT A CONFLICT OF INTEREST. AT THE ANNUAL MEETING ALL BOARD MEMBERS ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST FORM. THIS SAME FORM IS FURNISHED TO ALL FACULTY AND SENIOR ADMINISTRATIVE PERSONNEL. UPON RECEIPT OF EXECUTED FORMS THE AUDIT COMMITTEE REVIEWS THE COMPLETED FORMS AND REPORTS THE RESULTS OF THIS REVIEW TO THE ENTIRE BOARD AT THE REGULAR MEETING OF THE BOARD IN OCTOBER. POSSIBLE REPORTED CONFLICTS ARE EXPLORED ON AN INDIVIDUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT'S COMPENSATION -HE OR SHE SHALL BE ELECTED BY THE BOARD, WITH COMPENSATION FIXED BY THE BOARD, AND SHALL HOLD OFFICE AT ITS WILL. THE ANNUAL BUDGET PROCESS, WHICH IS APPROVED BY THE BOARD AT ITS ANNUAL MEETING, THE SPRING BOARD MEETING, WOULD ESTABLISH THE COMPENSATION OF THE PRESIDENT FOR THE FUTURE FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 18 FORMS ARE AVAILABLE UPON REQUEST, NO FEE IS CHARGED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 381,609. PART XII, LINE 2C NO CHANGES IN THE PROCESS FROM PRIOR YEAR