2024-05-15T09:50:46-05:00 2023-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2022-07-01 540568200 BLUEFIELD UNIVERSITY BLUE 2763263682 3000 COLLEGE AVENUE BLUEFIELD VA 24605 MATTHEW PITONYAK VP FOR FINANCE AND ADMIN 2763263682 2024-05-14 1 MATTHEW PITONYAK XXX-XX-XXXX 0 MARK WOOLWINE P00647446 5404433606 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW PITONYAK 3000 COLLEGE AVENUE BLUEFIELD VA 24605 25912178 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 25 25 393 2 -2280 0 6434397 3051388 22131376 22598779 314480 268551 1507248 -10666 30387501 25908052 7211419 6634253 0 0 10480013 9984660 0 0 403840 10558279 10521816 28249711 27140729 2137790 -1232677 33458271 32971618 15543588 15826209 17914683 17145409 TO OFFER A CHALLENGING CHRIST-CENTERED LIBERAL ARTS EXPERIENCE AND CO-CURRICULAR PROGRAMS THAT TRANSFORM STUDENTS' LIVES BY INTEGRATING LIBERAL ARTS WITH CAREER-ORIENTED STUDIES AND SERVICE TO GOD & THE WORLD. 0 0 11348127 6634253 19548684 STUDENT INSTRUCTION AND SCHOLARSHIPS: GROUNDED IN THE LIBERAL ARTS TRADITION, BLUEFIELD UNIVERSITY IS AT THE FOREFRONT IN UNDERSTANDING THE VALUE OF SCIENCE AND TECHNOLOGY IN THE 21ST CENTURY. WITH MORE THAN 40 ACADEMIC PROGRAMS, WHICH INCLUDES FIVE MASTER'S DEGREES AND ASSOCIATES IN GENERAL STUDIES. STUDENTS SERVED INCLUDE TRADITIONAL STUDENTS WHO ANTICIPATE NEEDING THREE TO FIVE YEARS TO COMPLETE THEIR DEGREE, THE DEGREE COMPLETION STUDENT WHO NEEDS FEWER HOURS TO COMPLETE AN UNDERGRADUATE DEGREE AND DESIRES TO COMPLETE ONLINE AND THE INDIVIDUAL THAT IS SEEKING A MASTER'S DEGREE. THE UNIVERSITY DELIVERS COURSES ON-SITE/IN-PERSON AND ON-LINE. ACADEMIC SUPPORT IS PROVIDED THROUGH AN ACADEMIC CENTER FOR EXCELLENCE, A LIBRARY, AND ACADEMIC TECHNOLOGY SUPPORT. 5219382 STUDENT SERVICES: THE UNIVERSITY'S STUDENT SERVICES AREAS INCLUDE THE REGISTRAR, ENROLLMENT MANAGEMENT, CREATIVE MEDIA, FINANCIAL AID, GENERAL STUDENT SUPPORT SERVICES, CAMPUS SECURITY, INTER-COLLEGIATE AND INTRAMURAL ATHLETICS, STUDENT EXTRACURRICULAR ACTIVITIES, CAMPUS MINISTRY, AND RETENTION/STUDENT SUCCESS SERVICES. 3255211 3043305 AUXILIARY ENTERPRISES: THE UNIVERSITY'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 19822720 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1540 0 1 393 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2763264556 3000 COLLEGE AVENUE BLUEFIELD VA 24605 C TODD ASBURY BOARD CHAIR 1.50 X X 0 0 0 JACKSON E REASOR JR BOARD VICE CHAIR 1.50 X X 0 0 0 CRAIG F STOUT BOARD SECRETARY 1.50 X X 0 0 0 JOHN P BECKETT JR BOARD TRUSTEE 1.50 X 0 0 0 STEVE BICKFORD BOARD TRUSTEE 1.50 X 0 0 0 JEFF BLOOMER BOARD TRUSTEE 1.50 X 0 0 0 BRANDON CALDWELL BOARD TRUSTEE 1.50 X 0 0 0 TERRI N COLE BOARD TRUSTEE 1.50 X 0 0 0 RODNEY J HALE BOARD TRUSTEE 1.50 X 0 0 0 RON HALL BOARD TRUSTEE 1.50 X 0 0 0 ROBERT BOB HOUCK BOARD TRUSTEE 1.50 X 0 0 0 JULIE H JOHNSON BOARD TRUSTEE 1.50 X 0 0 0 ELIZABETH KEENE BOARD TRUSTEE 1.50 X 0 0 0 DAVID KIRK BOARD TRUSTEE 1.50 X 0 0 0 DAVID T LARIMER II BOARD TRUSTEE 1.50 X 0 0 0 CHRIS LAWSON BOARD TRUSTEE 1.50 X 0 0 0 RON MALLORY BOARD TRUSTEE 1.50 X 0 0 0 PHYLLIS MARCOM BOARD TRUSTEE 1.50 X 0 0 0 SARAH REID BOARD TRUSTEE 1.50 X 0 0 0 JOHN ROCOVICH JR BOARD TRUSTEE 1.50 X 0 0 0 THOMAS R SCOTT JR BOARD TRUSTEE 1.50 X 0 0 0 DIXIE TOOKE-RAWLINS BOARD TRUSTEE 1.50 X 0 0 0 JERRY L TURLEY BOARD TRUSTEE 1.50 X 0 0 0 MICHAEL A WADE BOARD TRUSTEE 1.50 X 0 0 0 WILLIAM S WINFREY II BOARD TRUSTEE 1.50 X 0 0 0 LAMONT WOODS BOARD TRUSTEE 1.50 X 0 0 0 DAVID OLIVE PRESIDENT 50.00 X 198052 0 20165 MARY RUTH BLANKENSHIP VP FOR FINANCE AND ADMINISTRATION 50.00 X 129348 0 2409 JOSHUA CLINE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT 50.00 X 95422 0 7551 PAUL LAMBERT CHIEF INFORMATION OFFICER/ASSOCIATE VP FOR FINANCE 50.00 X 88534 0 6108 KARL HATTON VP FOR ENROLLMENT MANAGEMENT 50.00 X 55576 0 239 MICHAEL SALMEIER VICE PRESIDENT FOR INTERCOLLEGIATE ATHLETICX 50.00 X 47612 0 6982 614544 0 43454 2 0 1 0 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICES 993264 CLOUD CONTROL MEDIA LLC DEPT LA 24990 PASADENA CA 91185 SOFTWARE 406496 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 402284 A BOOK COMPANY 28312 NETWORK PLACE CHICAGO IL 60673 TEXT BOOKS 391642 MAGELLEN LEARNING SOLUTIONS 4925 BOONSBORO RD LYNCHBURG VA 24503 EDUCATIONAL CONSULT 242045 9 12905 653536 2384947 49039 3051388 TUITION AND FEES 611310 19555724 19555724 HOUSING AND BOARD SERVICES 611710 2789265 2789265 SPECIAL EVENTS 611710 196238 196238 OTHER 611710 53976 53976 CAMPUS STORE/TEXTBOOK SALE 611710 3576 3576 22598779 168713 -2280 170993 99838 0 99838 99838 99838 250 12905 4126 -3876 -3876 -6790 -6790 -6790 25908052 22591989 -2280 266955 6634253 6634253 614544 419772 176421 18351 7609275 5197616 2184440 227219 1760841 1113625 592715 54501 19588 19588 1386158 1302788 83370 193370 120428 51524 21418 1201855 53354 1144561 3940 390790 305194 85596 924089 665096 253406 5587 482797 48189 418008 16600 520676 520676 1327986 398396 929590 535359 122984 412375 OTHER 2529255 1919994 555029 54232 STUDENT MEAL PLAN 989137 989137 POSTAGE 20756 11218 7546 1992 27140729 19822720 6914169 403840 8388 8156 274140 636567 4035929 4029841 2322649 659713 12068 4331 237428 513821 39350978 20883941 19574302 18467037 6707650 7300199 285717 1351953 33458271 32971618 1285336 1709660 47840 655003 12714466 11401914 500000 995946 2059632 15543588 15826209 X 4986074 3750188 12928609 13395221 17914683 17145409 33458271 32971618 -1232677 463403 0 X X 0 1 X 1 1 1 X 2664652 4216220 3173928 3666779 2416432 16138011 2664652 4216220 3173928 3666779 2416432 16138011 16138011 383811 117488 135763 126551 168713 932326 214474 262559 -208257 1508743 -6790 1770729 18841066 47906064 0.85650 0.85770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1227 1227 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA (CICV), AN ASSOCIATION OF 28 INDEPENDENT COLLEGES AND UNIVERSITIES. CICV WORKS TO PROMOTE THE INTERESTS OF NON-PROFIT, INDEPENDENT HIGHER EDUCATION IN VIRGINIA. CICV WORKED TO INITIATE AND CONTINUES TO PROMOTE THE STATE'S NON-NEED BASED TUITION ASSISTANCE PROGRAM FOR VIRGINIA STUDENTS ATTENDING A PRIVATE INSTITUTION. ADDITIONALLY, CICV MONITORS LEGISLATIVE AND REGULATORY ACTIONS WHICH AFFECT THE MEMBERSHIP BY A PRESENCE DURING THE GENERAL ASSEMBLY SESSIONS TO REVIEW PROPOSED LEGISLATION AND INTERACT WITH VARIOUS ADMINISTRATIVE AGENCIES. CICV IS ENGAGED IN PROMOTING THE AWARENESS OF VIRGINIA'S INDEPENDENT COLLEGES TO POTENTIAL STUDENTS THROUGH PUBLICATIONS AND BY SPONSORING VA PRIVATE COLLEGE WEEK. CICV ALSO PROVIDES ANALYZED DATA TO MEMBER INSTITUTIONS AND APPROPRIATE STATE AGENCIES TO PROMOTE VENTURES WHERE EFFICIENCIES CAN BE ACHIEVED BY THE PARTICIPATION OF A GROUP OF INSTITUTIONS. THE UNIVERSITY PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2023, CICV EXPENDED APPROXIMATELY 9.5% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 8782478 423019 588616 323248 9470865 8730019 706709 -372510 281740 8782478 6950344 413925 1670824 305074 8730019 6768569 358629 114183 291037 6950344 6818437 152047 372205 574120 6768569 0.14400 0.68960 0.16640 1 0 103333 103333 25538522 12432679 13105843 7797254 6475542 1321712 5911869 1975720 3936149 18467037 STUDENT AND OTHER DEPOSITS 823360 AMOUNTS HELD ON BEHALF OF OTHERS 100897 TRUST AND ANNUITY OBLIGATIONS 177318 POST RETIRMENT BENEFIT OBLIGATIONS 131948 OPERATING LEASE LIABILITY 326922 FINANCE LEASE LIABILITY 499187 2059632 X 19721740 463403 4126 467529 19254211 19588 6634253 6653841 25908052 20491014 4126 4126 20486888 19588 6634253 6653841 27140729 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS ARE USED PRIMARILY FOR SCHOLARSHIPS AND RESTRICTED PROGRAM PURPOSES. THE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS ARE USED TO SUPPORT THE OPERATING BUDGET. PART X, LINE 2: THE FEDERAL FORM 990S OF THE UNIVERSITY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 4,126. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 6,634,253. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FOR GOLF TOURNAMENT 4,126. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 6,634,253. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BLUEFIELD UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE UNIVERSITY IS NOT REQUIRED TO PUBLISH ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE NEWSPAPER OR THE BROADCAST MEDIA. AS REQUIRED BY REVENUE PROCEDURE 75-50, BLUEFIELD UNIVERSITY INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE AMOUNT BLUEFIELD UNIVERSITY RECEIVES FROM GOVERNMENTAL AGENCIES FOR FINANCIAL ASSISTANCE IS FOR STUDENT FINANCIAL AID. THE FINANCIAL AID IS AWARDED TO STUDENTS ACCORDING TO FEDERAL AND INSTITUTIONAL GUIDELINES. 1 DONOR RESTRICTED (FUNDED) SCHOLARSHIPS AND FINANCIAL AID 231 628264 SEOG - FEDERAL SUPPLEMENTAL GRANTS 129 113316 COLLEGE DESIGNATED (UNFUNDED) SCHOLARSHIPS AND FINANCIAL AID 760 5892673 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON EITHER THE SPECIFIC CRITERIA OF THE SCHOLARSHIP FUNDING, ACADEMIC MERIT, OR TALENT. THE UNIVERSITY'S FINANCIAL AID OFFICE MONITORS SCHOLARSHIP FUND AVAILABILITY, MAKES SCHOLARSHIP AWARDS, AND MAINTAINS AN ON-GOING AWARENESS OF STUDENT ELIGIBILITY FOR SCHOLARSHIPS. X X 0 0 X X 0 0 0 0 0 0 0 0 0 DAVID OLIVE PRESIDENT 198052 0 0 0 0 0 3500 0 16665 0 218217 0 0 0 PART I, LINE 1B PART I, LINE 1B ALTHOUGH A WRITTEN POLICY DOES NOT EXIST, THE UNIVERSITY'S BOARD APPROVES THE HOUSING ALLOWANCE AND SOCIAL CLUB PAYMENTS. SOCIAL CLUB PAYMENTS ARE SUPPORTED BY INVOICES AND ARE PROCESSED THROUGH THE UNIVERSITY'S ACCOUNTS PAYABLE PROCESS. THE HOUSING ALLOWANCE IS ALSO SUPPORTED BY WRITTEN DOCUMENTATION. 5000 TUITION REMISSION STUDENT TUITION COSTS X 1 49039 AVG HIGH/LOW AT TRANSFER 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO AND DISCUSSED WITH THE BOARD'S FINANCE COMMITTEE PRIOR TO FILING. THE AUTHORITY TO REVIEW AND APPROVE THE 990 HAS BEEN DELEGATED TO THE FINANCE COMMITTEE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY THE BOARD CHAIR AND ASSISTANT SECRETARY. THEY ARE MAINTAINED IN AND REVIEWED BY THE PRESIDENT'S OFFICE. ANY ITEMS DISCLOSED ARE DISCUSSED WITH THE BOARD'S EXECUTIVE COMMITTEE AND DISCLOSED TO THE UNIVERSITY'S AUDITORS. EMPLOYEES CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE EMPLOYEE'S SUPERVISOR AND THE UNIVERSITY'S HUMAN RESOURCE DIRECTOR. ANY ITEMS DISCLOSED BY EMPLOYEES ARE REVIEWED BY THE PRESIDENT AND RELEVANT UNIVERSITY LEADERSHIP TEAM MEMBERS AS APPROPRIATE. EMPLOYEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE MAINTAINED IN THE HUMAN RESOURCES OFFICE. FORM 990, PART VI, SECTION B, LINE 15 BLUEFIELD UNIVERSITY REFERS TO A SALARY SURVEY BENCHMARK DATA FROM THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES (CCCU) IN ESTABLISHING THE SALARIES OF THE PRESIDENT AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 BLUEFIELD UNIVERSITY DOES NOT ROUTINELY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. INQUIRIES FROM THE PUBLIC FOR THESE DOCUMENTS ARE REVIEWED ON A CASE-BY-CASE BASIS BY THE UNIVERSITY'S LEADERSHIP TEAM TO ENSURE THAT THEY ARE RELEASED ONLY TO SATISFY LEGITIMATE REQUESTS. FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.