BRIDGEWATER COLLEGE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BRIDGEWATER COLLEGE (EIN 54-0506306)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-08
- IRS object ID
- 202210989349300111
- Schema version
- 2020v4.2
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-08T09:41:50-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540504608 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN EDWARDS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 ARBOR DRIVE 3RD FLOOR | AddressLine1Txt |
| City | CHRISTIANSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540506306 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIDGEWATER COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BRID | BusinessNameControlTxt |
| Phone | 5408285487 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 402 EAST COLLEGE STREET | AddressLine1Txt |
| City | BRIDGEWATER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22812 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVE BRIGHT | PersonNm |
| Person Title | VP FOR FINANCE & TREASURER | PersonTitleTxt |
| Phone | 5408288113 | PhoneNum |
| Signature | 2022-03-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STEVE | PersonFirstNm |
| Person Last | BRIGHT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK WOOLWINE | PreparerPersonNm |
| PTIN | P00647446 | PTIN |
| Phone | 5404433606 | PhoneNum |
| Preparation | 2022-03-21 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID W BUSHMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 402 EAST COLLEGE STREET | AddressLine1Txt |
| City | BRIDGEWATER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22812 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $99,150,557 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BRIDGEWATER.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1880 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | BRIDGEWATER COLLEGE IS A PRIVATE, COEDUCATIONAL, RESIDENTIAL, LIBERAL ARTS COLLEGE OF APPROXIMATELY 1900 STUDENTS | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 884 | TotalEmployeeCnt |
| Total Volunteers | 180 | TotalVolunteersCnt |
| Total Gross UBI | $66,182 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $36,748 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,746,866 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,711,995 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $76,910,359 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $68,756,486 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,970,259 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,872,513 | CYInvestmentIncomeAmt |
| PY Other Revenue | $990,787 | PYOtherRevenueAmt |
| CY Other Revenue | $899,486 | CYOtherRevenueAmt |
| PY Total Revenue | $86,618,271 | PYTotalRevenueAmt |
| CY Total Revenue | $98,240,480 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $42,085,879 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $40,287,157 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,964,932 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,583,737 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,308,033 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,869,922 | PYOtherExpensesAmt |
| CY Other Expenses | $30,150,809 | CYOtherExpensesAmt |
| PY Total Expenses | $92,920,733 | PYTotalExpensesAmt |
| CY Total Expenses | $89,021,703 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$6,302,462 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,218,777 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $220,158,848 | TotalAssetsBOYAmt |
| Total Assets EOY | $251,135,673 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $70,615,019 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $70,987,344 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $149,543,829 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $180,148,329 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BRIDGEWATER COLLEGE EDUCATES THE WHOLE PERSON BY PROVIDING A CHALLENGING AND SUPPORTIVE LEARNING COMMUNITY THAT FOSTERS THE GROWTH OF ITS STUDENTS AND EMPOWERS AND MOTIVATES THEM TO LIVE EDUCATED, INTELLIGENT, HEALTHY, PURPOSEFUL AND ETHICAL LIVES IN A GLOBAL SOCIETY. THE COLLEGE EMBRACES THE CORE VALUES OF INTEGRITY, EQUALITY, SERVICE AND COMMUNITY, WHICH HAVE BEEN INSPIRED BY ITS HISTORY WITH THE CHURCH OF THE BRETHREN. THE COLLEGE IS A WELCOMING, DIVERSE AND VIBRANT COMMUNITY, COMMITTED TO UNDERSTANDING AND RESPECTING INDIVIDUAL DIFFERENCES AND ACTIVELY ENGAGING ALL OF ITS MEMBERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $55,902,541 | ExpenseAmt |
| Grant | $40,287,157 | GrantAmt |
| Revenue | $57,999,111 | RevenueAmt |
| Desc | LOCATED ONLY TWO HOURS SOUTHWEST OF THE WASHINGTON, D.C., METRO AREA, BRIDGEWATER COLLEGE HAS A TOTAL ENROLLMENT OF APPROXIMATELY 1,500 STUDENTS AND OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN MORE THAN 60 MAJORS AND MINORS, ALONG WITH PRE-PROFESSIONAL PROGRAMS SUCH AS MEDICINE AND LAW AND TEACHER LICENSURE. THE COLLEGE ALSO OFFERS MASTERS DEGREE PROGRAMS IN ATHLETIC TRAINING, DIGITAL MEDIA STRATEGY, PSYCHOLOGY, AND HUMAN RESOURCE MANAGEMENT. GROUNDED IN LIBERAL ARTS, STUDENTS AT BRIDGEWATER COLLEGE LEARN ABOUT A VARIETY OF DISCIPLINES, ENABLING THEM TO BECOME ARTICULATE, ANALYTICAL AND ASSERTIVE. THEY ARE CHALLENGED BY RIGOROUS ACADEMICS IN A CLOSE-KNIT COMMUNITY AND COLLABORATE WITH FACULTY TO CREATE PERSONALIZED AND UNIQUE LEARNING EXPERIENCES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,044,643 | ExpenseAmt |
| Revenue | $11,472,650 | RevenueAmt |
| Desc | THE RESIDENTIAL CAMPUS IS LOCATED IN THE BEAUTIFUL SHENANDOAH VALLEY OF VIRGINIA. ON-CAMPUS HOUSING FEATURES SEVEN DORMITORIES, SHARED HOUSES KNOWN AS THE COTTAGES, APARTMENT-STYLE LIVING IN THE WAMPLER TOWERS, AND THE STONE VILLAGE HOUSING COMMUNITY. DINING OPTIONS INCLUDE THE MAIN DINING HALL IN THE KLINE CAMPUS CENTER AND SMITTY'S CAFE IN THE FORRER LEARNING COMMONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,849,001 | ExpenseAmt |
| Desc | WITH MORE THAN 80 SOCIAL, CULTURAL, RELIGIOUS, AND ACADEMIC CLUBS AND ORGANIZATIONS, THERE'S ALWAYS SOMETHING HAPPENING ON CAMPUS. NEARLY A THIRD OF THE STUDENT BODY PARTICIPATES IN ONE OF THE 23 INTERCOLLEGIATE SPORTS BRIDGEWATER OFFERS AT THE NCAA DIVISION III LEVEL. STUDENTS ALSO HAVE THE OPPORTUNITY TO BENEFIT FROM THE BRIDGEWATER COLLEGE EQUESTRIAN CENTER IN WEYERS CAVE,VA., FOR RIDING LESSONS AND THE EQUESTRIAN TEAM; FITNESS OPPORTUNITIES THROUGH THE FUNKHOUSER CENTER FOR HEALTH AND WELLNESS; AN ARRAY OF INTRAMURAL SPORTS AND AN OUTDOOR PROGRAM; MUSICAL ENSEMBLES SUCH AS THE CONCERT CHOIR, CHORALE, SYMPHONIC BAND AND JAZZ ENSEMBLE; AND A RENOWNED ENDOWED LECTURE, LYCEUM AND CONVOCATION SERIES, WHICH BRINGS SPEAKERS AND ARTISTS FROM ACROSS THE COUNTRY TO THE COLLEGE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,896,203 | ExpenseAmt |
| Revenue | $14,877 | RevenueAmt |
| Desc | ACADEMIC SUPPORT AREAS AT BRIDGEWATER COLLEGE INCLUDE THE ACADEMIC ADVISING CENTER, FORRER LEARNING COMMONS, THE WRITING CENTER, THE INFORMATION TECHNOLOGY CENTER, THE OFFICE OF CAREER SERVICES AND THE ACADEMIC SUPPORT CENTER. REVENUES OF $14,877 ARE FOR BOOK COMMISSIONS FROM AN OUTSOURCED ONLINE TEXTBOOK STORE, WHOSE OPERATIONS ARE OTHERWISE DIVORCED FROM BRIDGEWATER COLLEGE'S FINANCIAL STATEMENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,896,203 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $14,877 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $81,692,388 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2245 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 884 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5408285487 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 402 EAST COLLEGE STREET | AddressLine1Txt |
| City | BRIDGEWATER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22812 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| D CORY ADAMSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW B AGEE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| J RUSSELL BRUNER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| D BRUCE CHRISTIAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MENSEL D DEAN JR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL D DEL GIUDICE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM S EARHART | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CARL R FIKE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| A WESLEY GRAVES VI | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LAWRENCE M JOHNSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL K KYLES | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| J ALLEN LAYMAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| NATHAN H MILLER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PAUL E MUNDEY | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILFRED E NOLEN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| BONNIE F RHODES | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT I STOLZMAN | ||||||||
| VICE CHAIRMAN | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DONNA P WALKER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES H WALSH | ||||||||
| CHAIRMAN | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| G BENJAMIN WAMPLER | ||||||||
| SECRETARY | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ASHLEY B SMITH | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES L WILKERSON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DEWEY M WILLIARD | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KATHY G WRIGHT | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DAVID A YOUNG | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DAVID W BUSHMAN | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $310,686 | $0 | $19,129 | Yes (X) | ||
| HOPE H HICKMAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CHERYL M MASCARENHAS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MARK A SHERMAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ANNE B KEELER | ||||||||
| VP FOR FINANCE & TREASURER | 40.00 | $191,934 | $0 | $13,579 | Yes (X) | |||
| ROY W FERGUSON JR | ||||||||
| VP FOR RISK MANAGEMENT AND COMPLIANCE | 40.00 | $195,412 | $0 | $4,706 | Yes (X) | |||
| MAUREEN SILVA | ||||||||
| VP FOR INSTITUTIONAL ADVAN | 40.00 | $209,846 | $0 | $14,950 | Yes (X) | |||
| LEONA SEVICK | ||||||||
| PROVOST & VP FOR ACADEMIC | 40.00 | $176,462 | $0 | $4,971 | Yes (X) | |||
| MICHAEL POST | ||||||||
| VICE PRESIDENT FOR ENROLLM | 40.00 | $205,077 | $0 | $14,849 | Yes (X) | |||
| ROBERT ANDERSEN | ||||||||
| ASSOC DEAN ACAD AFFAIRS & | 40.00 | $118,509 | $0 | $10,974 | Yes (X) | |||
| MICHAEL CLARK | ||||||||
| HEAD FOOTBALL COACH | 40.00 | $117,126 | $0 | $10,949 | Yes (X) | |||
| CAROL SCHEPPARD | ||||||||
| PROFESSOR OF THE COLLEGE | 40.00 | $123,463 | $0 | $6,616 | Yes (X) | |||
| LESLIE FRERE | ||||||||
| VP FOR STUDENT LIFE/DEAN O | 40.00 | $133,539 | $0 | $14,201 | Yes (X) | |||
| KRISTY RHEA | ||||||||
| DIRECTOR OF INFORMATION TE | 40.00 | $113,346 | $0 | $7,388 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,895,400 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $122,312 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| G&H CONTRACTING | |||||
| 1320 SOUTHSIDE DR | SALEM | VA | 24153 | BUILDING CONTRACTOR | $850,568 |
| WHITEBOARD COMMUNICATIONS | |||||
| 37 WEST AVE STE 204 | WAYNE | PA | 19087 | ENROLLMENT CONSULTANT | $427,100 |
| WAM HOLDINGS LLC | |||||
| 8115 HARPINE HIGHWAY | LINVILLE | VA | 22834 | BUILDING CONTRACTOR | $220,084 |
| GENERATE IMPACT | |||||
| 124 NEWMAN AVE 2ND FLOOR | HARRISONBURG | VA | 22801 | SOFTWARE AND IT CONSULTANT | $213,998 |
| LANTZ CONSTRUCTION | |||||
| 539 MAIN ST | BROADWAY | VA | 22815 | BUILDING CONTRACTOR | $154,088 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $7,269,293 | GovernmentGrantsAmt |
| All Other Contributions | $10,442,702 | AllOtherContributionsAmt |
| Noncash Contributions | $1,079,758 | NoncashContributionsAmt |
| Total Contributions | $17,711,995 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611310 | $57,268,958 | $57,268,958 |
| RESIDENCE HALLS AND FACILITIES | 721000 | $5,999,158 | $5,999,158 |
| DINING SERVICES AND CONFERENCES | 722212 | $5,452,515 | $5,452,515 |
| OTHER PROGRAM SERVICE REVENUE | 900099 | $20,978 | $20,978 |
| COLLEGE STORE | 453000 | $14,877 | $14,877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $68,756,486 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,606,375 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $28,434 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,577,941 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $89,874 | RealAmt |
| Personal | $21,780 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $44,124 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $45,750 | RealAmt |
| Personal | $21,780 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,530 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $21,780 | UnrelatedBusinessRevenueAmt |
| Exclusion | $45,750 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,132,091 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $780,117 | SecuritiesAmt |
| Other | $85,836 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,351,974 | SecuritiesAmt |
| Other | -$85,836 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,266,138 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$85,836 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $5,351,974 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| STUDENT ACTIVITIES AND FEES | 900099 | $589,518 | $589,518 | |
| OTHER | 900099 | $193,826 | $177,858 | $15,968 |
| COPY SERVICES | 900099 | $29,050 | $29,050 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,562 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,562 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $831,956 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,240,480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $69,486,638 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $66,182 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,975,665 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,287,157 | TotalAmt |
| Program Services | $40,287,157 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,026,455 | TotalAmt |
| Program Services | $167,212 | ProgramServicesAmt |
| Management And General | $513,718 | ManagementAndGeneralAmt |
| Fundraising | $345,525 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,282,995 | TotalAmt |
| Program Services | $11,591,447 | ProgramServicesAmt |
| Management And General | $2,120,545 | ManagementAndGeneralAmt |
| Fundraising | $571,003 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,457 | TotalAmt |
| Program Services | $119,897 | ProgramServicesAmt |
| Management And General | $48,883 | ManagementAndGeneralAmt |
| Fundraising | $4,677 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,708,627 | TotalAmt |
| Program Services | $934,524 | ProgramServicesAmt |
| Management And General | $707,999 | ManagementAndGeneralAmt |
| Fundraising | $66,104 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,392,203 | TotalAmt |
| Program Services | $1,073,799 | ProgramServicesAmt |
| Management And General | $260,404 | ManagementAndGeneralAmt |
| Fundraising | $58,000 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,528 | TotalAmt |
| Program Services | $15,449 | ProgramServicesAmt |
| Management And General | $81,079 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,110 | TotalAmt |
| Management And General | $57,110 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $782,138 | TotalAmt |
| Management And General | $782,138 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,512 | TotalAmt |
| Program Services | $110,865 | ProgramServicesAmt |
| Management And General | $194,647 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,258,264 | TotalAmt |
| Program Services | $677,117 | ProgramServicesAmt |
| Management And General | $478,827 | ManagementAndGeneralAmt |
| Fundraising | $102,320 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,182,394 | TotalAmt |
| Program Services | $1,146,287 | ProgramServicesAmt |
| Fundraising | $36,107 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,417,892 | TotalAmt |
| Program Services | $1,510,921 | ProgramServicesAmt |
| Management And General | $1,906,971 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,095 | TotalAmt |
| Program Services | $241,450 | ProgramServicesAmt |
| Management And General | $33,825 | ManagementAndGeneralAmt |
| Fundraising | $2,820 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,691,557 | TotalAmt |
| Program Services | $1,687,199 | ProgramServicesAmt |
| Management And General | $4,358 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,285,047 | TotalAmt |
| Program Services | $5,093,398 | ProgramServicesAmt |
| Management And General | $191,649 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,786 | TotalAmt |
| Program Services | $120,677 | ProgramServicesAmt |
| Management And General | $340,109 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COVID-19 RESPONSE | $5,412,306 | $4,797,712 | $614,594 | |
| OTHER | $3,895,815 | $3,015,629 | $758,709 | $121,477 |
| CAFETERIA EXPENSES | $2,770,441 | $2,770,441 | ||
| SEVERANCE AND RETIREMEN | $1,907,814 | $1,259,003 | $648,811 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,349,110 | TotalAmt |
| Program Services | $5,072,204 | ProgramServicesAmt |
| Management And General | -$3,723,094 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,021,703 | TotalAmt |
| Program Services | $81,692,388 | ProgramServicesAmt |
| Management And General | $6,021,282 | ManagementAndGeneralAmt |
| Fundraising | $1,308,033 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,203,769 | BOYAmt |
| EOY | $13,379,415 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,184,705 | BOYAmt |
| EOY | $11,207,561 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,621,399 | BOYAmt |
| EOY | $5,266,928 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $482,868 | BOYAmt |
| EOY | $413,675 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,967,152 | BOYAmt |
| EOY | $2,241,616 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $160,047,590 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $74,933,220 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,009,681 | BOYAmt |
| EOY | $85,114,370 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,066,591 | BOYAmt |
| EOY | $127,985,182 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $622,683 | BOYAmt |
| EOY | $5,526,926 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,158,848 | BOYAmt |
| EOY | $251,135,673 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,144,367 | BOYAmt |
| EOY | $3,217,681 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,832,431 | BOYAmt |
| EOY | $7,362,838 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,318,251 | BOYAmt |
| EOY | $3,160,329 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,484,805 | BOYAmt |
| EOY | $51,667,517 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,835,165 | BOYAmt |
| EOY | $5,578,979 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,615,019 | BOYAmt |
| EOY | $70,987,344 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,725,129 | BOYAmt |
| EOY | $46,334,694 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,818,700 | BOYAmt |
| EOY | $133,813,635 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,543,829 | BOYAmt |
| EOY | $180,148,329 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,158,848 | BOYAmt |
| EOY | $251,135,673 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,218,777 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $22,999,715 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,613,992 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,042,949 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,386,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,319,749 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,746,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,711,996 | CurrentTaxYearAmt |
| Total | $46,208,215 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,042,949 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,386,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,319,749 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,746,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,711,996 | CurrentTaxYearAmt |
| Total | $46,208,215 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $46,208,215 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,624,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,573,846 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,835,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,896,729 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,718,029 | CurrentTaxYearAmt |
| Total | $13,648,699 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,056,605 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,483,451 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $811,629 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $924,832 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $831,956 | CurrentTaxYearAmt |
| Total | $5,108,473 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $64,965,387 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $389,172,894 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71130 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65320 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $786 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $786 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | BRIDGEWATER COLLEGE BELONGS TO THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES WHICH LOBBIES ON BEHALF OF ALL ITS MEMBER SCHOOLS AND THEIR STUDENTS, ON ISSUES OF IMPORTANCE TO PRIVATE HIGHER EDUCATION. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $91,944,523 | BeginningYearBalanceAmt |
| Contributions | $4,251,863 | ContributionsAmt |
| Investment Earnings Or Losses | $31,313,874 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,196,225 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,506,848 | OtherExpendituresAmt |
| Administrative Expenses | $712,006 | AdministrativeExpensesAmt |
| End Year Balance | $122,095,181 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $95,758,089 | BeginningYearBalanceAmt |
| Contributions | $745,288 | ContributionsAmt |
| Investment Earnings Or Losses | $326,187 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,051,914 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,260,749 | OtherExpendituresAmt |
| Administrative Expenses | $572,377 | AdministrativeExpensesAmt |
| End Year Balance | $91,944,523 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,962,916 | BeginningYearBalanceAmt |
| Contributions | $1,013,345 | ContributionsAmt |
| Investment Earnings Or Losses | $2,699,456 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,612,454 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,661,073 | OtherExpendituresAmt |
| Administrative Expenses | $644,102 | AdministrativeExpensesAmt |
| End Year Balance | $95,758,089 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $79,423,605 | BeginningYearBalanceAmt |
| Contributions | $3,652,331 | ContributionsAmt |
| Investment Earnings Or Losses | $8,150,781 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,514,307 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,190,472 | OtherExpendituresAmt |
| Administrative Expenses | $567,857 | AdministrativeExpensesAmt |
| End Year Balance | $96,962,916 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,888,519 | BeginningYearBalanceAmt |
| Contributions | $1,832,605 | ContributionsAmt |
| Investment Earnings Or Losses | $12,376,242 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,433,876 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,155,212 | OtherExpendituresAmt |
| Administrative Expenses | $610,924 | AdministrativeExpensesAmt |
| End Year Balance | $89,432,440 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01970 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.48530 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.49500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $306,368 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,695,249 | OtherCostOrOtherBasisAmt |
| Book Value | $2,001,617 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $344,833 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $125,147,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,898,904 | DepreciationAmt |
| Book Value | $70,593,344 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,446,350 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,144,614 | DepreciationAmt |
| Book Value | $3,301,736 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,239,903 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $18,867,472 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,889,702 | DepreciationAmt |
| Book Value | $9,217,673 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $85,114,370 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TRUST AND ANNUITY OBLIGATIONS | $4,520,182 |
| U.S. GOVERNMENT GRANTS REFUNDABLE | $1,058,797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,578,979 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $78,556,908 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $22,999,715 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,613,992 | OtherRevenueAmt |
| Revenue Not Reported | $21,385,723 | RevenueNotReportedAmt |
| Revenue Subtotal | $57,171,185 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $782,138 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $40,287,157 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $41,069,295 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $98,240,480 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,952,408 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $47,952,408 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $782,138 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $40,287,157 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $41,069,295 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,021,703 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE R.B. PRITCHETT MUSEUM COLLECTION, FORMERLY THE R. B. PRITCHETT MUSEUM, IS HOUSED IN BRIDGEWATER COLLEGE'S SPECIAL COLLECTIONS AND CONTAINS APPROXIMATELY 7,500 HISTORICAL ARTIFACTS, ARCHIVES, AND RARE BOOKS COLLECTED OVER THE YEAR BY THE PRIMARY DONOR AND OVER 350 ADDITIONAL DONORS. THE COLLECTION SERVES AS A HANDS ON TEACHING TOOL FOR STUDENTS ENTERING THE FIELD OF PUBLIC HISTORY, ACADEMIC HISTORY, ARCHIVAL SCIENCE, LIBRARY SCIENCE, MATERIAL CULTURE STUDIES AND COMMUNICATIONS. |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND BELIEVES THAT THE COLLEGE CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION. MANAGEMENT HAS ALSO EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE COLLEGE HAD NO UNCERTAIN INCOME TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,613,992. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND GRANTS 40,287,157. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND GRANTS 40,287,157. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | BRIDGEWATER COLLEGE DRAWS FROM A WIDE GEOGRAPHICAL AREA NOT COVERED BY ONE NEWSPAPER OR BROADCAST MEDIA AS A SOLICITATION FOR STUDENTS. AS REQUIRED BY REVENUE PROCEDURE 75-50, BRIDGEWATER COLLEGE HAS PUBLICIZED ITS RACIALLY NON-DISCRIMINATORY POLICY BY INCLUDING A STATEMENT OF THIS FACT IN ALL PUBLICATIONS AND PROMOTIONAL MATERIALS. |
| SCHEDULE E, PART I, LINE 6 | BRIDGEWATER COLLEGE RECEIVED FINANCIAL AID IN THE FORM OF PELL GRANTS, SEOG AND PERKINS LOANS WHICH WAS AWARDED TO OUR STUDENTS BASED ON FEDERAL GUIDELINES. THE COLLEGE ALSO RECEIVED TWO GOVERNMENT GRANTS IN FY2020 RELATED TO COVID-19, THE SBA'S PPP LOAN AND THE HEERF I "CARES ACT" MONIES. THE INSTITUTION'S SHARE OF THESE FUNDS RECOGNIZABLE IN FY2020 TOTALED $1.57 MILLION. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| CENTRAL AMERICAN AND THE CARRIBEAN | INVESTMENTS | $1,136,554 |
| EUROPE | INVESTMENTS | $18,096,862 |
| AFRICA | INVESTMENTS | $206,840 |
| ASIA | INVESTMENTS | $15,309,050 |
| OTHER | INVESTMENTS | $8,071,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $42,821,247 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $42,821,247 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS AND DISCOUNTS | 1623 | $40,067,157 |
| SEOG | 337 | $220,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE OFFICE OF FINANCIAL AID ADMINISTERS THE FOLLOWING POLICIES TO ASSURE THAT INSTITUTIONAL GRANTS AND SCHOLARSHIPS ARE USED FOR PROPER PURPOSES: THE AGGREGATE OF INSTITUTIONAL FUNDS THAT AN INDIVIDUAL STUDENT RECEIVES IS RESTRICTED TO AN AMOUNT EQUIVALENT TO TUITION AND FEES; ENROLLMENT IS CONFIRMED EACH SEMESTER PRIOR TO DISBURSEMENT OF INSTITUTIONAL FUNDS; ELIGIBILITY FOR ACADEMIC SCHOLARSHIPS IS LIMITED TO A MAXIMUM OF EIGHT SEMESTERS. RENEWAL GRADE POINT AVERAGE REQUIREMENTS ARE CHECKED AT THE END OF EACH ACADEMIC YEAR; ELIGIBILITY FOR INSTITUTIONAL GENERAL GRANTS REQUIRES A DEMONSTRATION OF NEED, BASED ON SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA); ENDOWED SCHOLARSHIPS HAVE SELECTION CRITERIA SPECIFIC TO EACH FUND AND THE DIRECTOR OF FINANCIAL AID OVERSEES THE SELECTION OF ELIGIBLE STUDENTS; WHEN A STUDENT WITHDRAWS FROM SCHOOL, THE PERCENTAGE ADJUSTMENTS MADE TO INSTITUTIONAL AID ARE THE SAME AS THE PERCENTAGE ADJUSTMENTS MADE TO TUITION AS SPECIFIED IN THE CATALOG. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID W BUSHMAN | ||||||||||||||
| PRESIDENT | $310,686 | $0 | $0 | $0 | $0 | $0 | $6,478 | $0 | $12,651 | $0 | $329,815 | $0 | $0 | $0 |
| MAUREEN SILVA | ||||||||||||||
| VP FOR INSTITUTIONAL ADVAN | $209,846 | $0 | $0 | $0 | $0 | $0 | $4,426 | $0 | $10,524 | $0 | $224,796 | $0 | $0 | $0 |
| MICHAEL POST | ||||||||||||||
| VICE PRESIDENT FOR ENROLLM | $205,077 | $0 | $0 | $0 | $0 | $0 | $4,325 | $0 | $10,524 | $0 | $219,926 | $0 | $0 | $0 |
| ANNE B KEELER | ||||||||||||||
| VP FOR FINANCE & TREASURER | $191,934 | $0 | $0 | $0 | $0 | $0 | $4,049 | $0 | $9,530 | $0 | $205,513 | $0 | $0 | $0 |
| ROY W FERGUSON JR | ||||||||||||||
| VP FOR RISK MANAGEMENT AND COMPLIANC | $195,412 | $0 | $0 | $0 | $0 | $0 | $4,122 | $0 | $584 | $0 | $200,118 | $0 | $0 | $0 |
| LEONA SEVICK | ||||||||||||||
| PROVOST & VP FOR ACADEMIC | $176,462 | $0 | $0 | $0 | $0 | $0 | $3,723 | $0 | $1,248 | $0 | $181,433 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES COMPLETED A PERFORMANCE EVALUATION OF THE PRESIDENT AND APPROVED HIS COMPENSATION. THE COMMITTEE USED PEER SALARY DATA AND PUBLISHED SURVEYS FOR COMPARISONS. THE COMMITTEE ALSO REVIEWED THE COMPENSATION OF KEY EMPLOYEES. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF BRIDGEWATER VIRGINIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 541381459 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2015-11-03 | BondIssuedDt |
| Issue Price | $3,783,629 | IssuePriceAmt |
| Purpose | PROVIDE FUNDS TO REFUND 2002 & 2006 BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $558,644 | RetiredAmt |
| Total Proceeds | $3,783,629 | TotalProceedsAmt |
| Other Spent Proceeds | $3,783,629 | OtherSpentProceedsAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FINANCIAL AID RECIPIENTS | PersonNm |
| Relationship With Org | FAMILY MEMBERS OF INTERESTED PERSON | RelationshipWithOrgTxt |
| Cash Grant | $66,040 | CashGrantAmt |
| Type Of Assistance | DEMOGRAPHIC AND MERIT SCHOLARSHIPS | TypeOfAssistanceTxt |
| Assistance Purpose | PROVIDE FINANCIAL AID | AssistancePurposeTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $882,308 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVE HIGH/LOW AT TRANSFER | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $177,450 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | LIVESTOCK | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | JUDGE STEVEN AGEE AND ANDREW AGEE ARE BROTHERS WHO BOTH HAD VOTING POWER AS OF JUNE 30, 2020. |
| FORM 990, PART VI, SECTION B, LINE 11B | SECTION B LINE 11B, THE 990 WAS MADE AVAILABLE ONLINE TO THE ENTIRE BOARD OF TRUSTEES. THE AUDIT COMMITTEE REVIEWED THE FORM AND APPROVED IT FOR FILING SUBJECT TO THE REVIEW BY THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS OF THE BOARD OF TRUSTEES COMPLETE THE ANNUAL DISCLOSURE STATEMENT AND ANY DISCLOSURES ARE REVIEWED ACCORDING TO POLICY. THE DIRECTOR OF HUMAN RESOURCES COLLECTS THE ANNUAL DISCLOSURE FORMS FOR EMPLOYEES AND ANY EXCEPTIONS ARE REVIEWED BY THE VICE PRESIDENT FOR FINANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVED THE PRESIDENT'S COMPENSATION. THE COMMITTEE USED PEER SALARY DATA FROM PUBLISHED SURVEYS FOR COMPARISON. THE COMMITTEE ALSO REVIEWED THE COMPENSATION FOR MEMBERS OF THE PRESIDENT'S CABINET. |
| FORM 990, PART VI, SECTION C, LINE 19 | BRIDGEWATER COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE COLLEGE'S CONFLICT OF INTEREST POLICY FOR EMPLOYEES IS AVAILABLE ON THE COLLEGE'S WEBSITE IN THE EMPLOYEE HANDBOOK |
| FORM 990, PART XI, LINE 9: | CHANGE IN SPLIT INTEREST AGREEMENT -1,613,992. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIDGEWATER COLLEGE PROPERTIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 402 EAST COLLEGE STREET | AddressLine1Txt |
| City | BRIDGEWATER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22812 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540506306 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Total Income | -$31,758 | TotalIncomeAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIDGEWATER COLLEGE | BusinessNameLine1Txt |