2022-05-13T12:06:50-05:00 2021-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2020-07-01 540568200 BLUEFIELD COLLEGE BLUE 2763263682 3000 COLLEGE AVENUE BLUEFIELD VA 24605 RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 2763263682 2022-05-13 1 RUTH BLANKENSHIP XXX-XX-XXXX MARK WOOLWINE P00647446 5404433606 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RUTH BLANKENSHIP 3000 COLLEGE AVENUE BLUEFIELD VA 24605 29501096 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 26 26 381 46 -3907 0 4236371 5946600 23818926 23553860 135368 207228 256956 -211914 28447621 29495774 7683343 7960959 0 0 10451035 11052303 0 0 416084 9374648 9889845 27509026 28903107 938595 592667 29696010 32438996 15000803 15632269 14695207 16806727 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 16191474 7960959 20091265 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. 5353242 STUDENT SERVICES: THE COLLEGE'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. 3131641 3254338 AUXILIARY ENTERPRISES: THE COLLEGE'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 24676357 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1696 0 1 381 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X RUTH BLANKENSHIP VP FOR ADMINISTRATION & FINANCE 2763264556 3000 COLLEGE AVENUE BLUEFIELD VA 24605 GORDON W GRIMES II CHAIR 1.50 X X 0 0 0 C TODD ASBURY VICE CHAIR 1.50 X X 0 0 0 DR CHRISTOPHER E LAWSON SECRETARY 1.50 X X 0 0 0 MARTHA DODD-SLIPPY TRUSTEE 1.50 X 0 0 0 JOHN P BECKETT JR TRUSTEE 1.50 X 0 0 0 REV RODNEY J HALE TRUSTEE 1.50 X 0 0 0 DAVID T LARIMER II TRUSTEE 1.50 X 0 0 0 REV CRAIG F STOUT TRUSTEE 1.50 X 0 0 0 WILLIAM S WINFREY II TRUSTEE 1.50 X 0 0 0 TERRI N COLE TRUSTEE 1.50 X 0 0 0 THOMAS R SCOTT JR TRUSTEE 1.50 X 0 0 0 DAVID KIRK TRUSTEE 1.50 X 0 0 0 JACKSON E REASOR JR TRUSTEE 1.50 X 0 0 0 MICHAEL A WADE TRUSTEE 1.50 X 0 0 0 DR JERRY TURLEY TRUSTEE 1.50 X 0 0 0 DR MICHAEL HARRIS TRUSTEE 1.50 X 0 0 0 PHYLLIS MARCOM TRUSTEE 1.50 X 0 0 0 DR JEFFREY BLOOMER TRUSTEE 1.50 X 0 0 0 BRANDON CALDWELL TRUSTEE 1.50 X 0 0 0 JULIE JOHNSON TRUSTEE 1.50 X 0 0 0 JOHN ROCOVICH TRUSTEE 1.50 X 0 0 0 DIXIE TOOKE-RAWLINS TRUSTEE 1.50 X 0 0 0 LAMONT WOODS TRUSTEE 1.50 X 0 0 0 RON HALL TRUSTEE 1.50 X 0 0 0 BOB HOUCK TRUSTEE 1.50 X 0 0 0 STEVE BICKFORD TRUSTEE 1.50 X 0 0 0 DAVID OLIVE PRESIDENT 50.00 X 454305 0 16466 MARY RUTH BLANKENSHIP VP FOR ADMINISTRATION & FI 50.00 X 118589 0 588 JOSHUA HOOD VP FOR ENROLLMENT MANAGEME 50.00 X 77265 0 5012 MARSHALL FLOWERS VP FOR ACADEMIC AFFAIRS & 50.00 X 87798 0 10723 737957 0 32789 2 0 1 0 ALADIN FOOD MANAGEMENT 16567 COLLECTIONS CTR CHICAGO IL 80890 FOOD SERVICES 1326660 A BOOK COMPANY 28312 NETWORK PLACE CHICAGO IL 80873 TEXT BOOKS 948078 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE 473830 MAGELLAN LEARNING SOLUTIONS 4925 BOONSBORO RD SUITE 22 242 LYNCHBURG VA 24503 CURRICULUM DEVELOPMENT 411055 ENVERITAS GROUP 9 LEGRAND BLVD GREENVILLE SC 29607 ENROLLMENT MANAGEMENT MARKETING 289018 12 19215 2912499 3014886 2828962 5946600 TUITION AND FEES 611310 20299522 20299522 DINING SERVICES 611710 1353414 1353414 RESIDENCE HALLS 611710 1281254 1281254 COMPREHENSIVE FEE 611710 476500 476500 CAMPUS STORE/TEXTBOOK SALE 611710 61208 61208 81962 81962 23553860 135763 -3907 139670 71465 0 71465 71465 71465 1665 19215 5322 -3657 -3657 OTHER 611710 -208257 -208257 -208257 29495774 23345603 -3907 207478 7960959 7960959 9081065 7718800 1117280 244985 1971238 1411967 501708 57563 19851 19851 1784370 486430 1297203 737 196977 180852 11413 4712 2045093 1851789 193304 442809 392499 37624 12686 486127 486127 1236162 1199076 37086 438950 365152 73798 OTHER 2093374 1553187 452292 87895 STUDENT MEAL PLAN 991330 991330 PRINTING AND PUBLICATIO 130558 65436 57616 7506 POSTAGE 24244 12753 11491 28903107 24676357 3810666 416084 7182 8388 1429994 598107 3053538 3711313 646392 687373 39416 41168 181717 286362 37742404 19081007 17375424 18661397 6236550 7687411 725797 757477 29696010 32438996 1894618 1485638 75398 59639 12474764 11757487 1684050 556023 645455 15000803 15632269 X 2932035 3664810 11763172 13141917 14695207 16806727 29696010 32438996 X 592667 1518948 -95 X X 0 1 X 1 1 1 X 1791875 3445827 2664652 4216220 3173928 15292502 1791875 3445827 2664652 4216220 3173928 15292502 15292502 218605 193765 383811 117488 135763 1049432 -4276 920 -3356 224580 111489 214474 262559 -208257 604845 16943423 86913187 0.90260 0.86580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1411 1411 0 PART II-B, LINE 1: THE COLLEGE 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 COLLEGE PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2021, CICV EXPENDED APPROXIMATELY 10.03% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 6950344 413925 1670824 305074 8730019 6768569 358629 114183 291037 6950344 6818437 152047 372205 574120 6768569 6889434 175857 521917 619557 149214 6818437 6751955 140130 664581 596166 71066 6889434 0.17030 0.65680 0.17290 1 0 103333 103333 25519715 12527099 12992616 7811280 6018313 1792967 4308076 535595 3772481 18661397 STUDENT AND OTHER DEPOSITS 205453 AMOUNTS HELD ON BEHALF OF OTHERS 79267 TRUST AND ANNUITY OBLIGATIONS 163259 POST RETIRMENT BENEFIT OBLIGATIONS 197476 645455 X 23039139 1518948 -95 1518853 21520286 19851 7955637 7975488 29495774 20927619 5322 5322 20922297 19851 7960959 7980810 28903107 PART V, LINE 4: THE COLLEGE'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 COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FUNDS HELD IN TRUST 9,372. CHANGE IN SPLIT-INTEREST AGREEMENTS 23,112. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION -32,579. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 7,960,959. EXPENSES NETTED FOR GOLF TOURNAMENT -5,322. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FOR GOLF TOURNAMENT 5,322. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 7,960,959. 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 COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE COLLEGE IS NOT REQUIRED TO PUBLISH ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE NEWSPAPER OR THE BROADCAST MEDIA. AS REQUIRED BY REVENUE PROCEDURE 75-50, BLUEFIELD COLLEGE 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 COLLEGE 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. GOLF TOURNAMENT 20880 19215 1665 700 976 3105 541 20880 19215 1665 700 976 3105 541 5322 -3657 1 SCHOLARSHIPS AND FINANCIAL AID 869 7821132 SEOG - FEDERAL SUPPLEMENTAL GRANTS 108 139827 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON EITHER THE SPECIFIC CRITERIA OF THE SCHOLARSHIP FUNDING, ACADEMIC MERIT, OR TALENT. THE COLLEGE'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 454305 0 0 0 0 0 0 0 16466 0 470771 0 0 0 PART I, LINE 1B PART I, LINE 1B ALTHOUGH A WRITTEN POLICY DOES NOT EXIST, THE COLLEGE'S BOARD APPROVES THE HOUSING ALLOWANCE AND SOCIAL CLUB PAYMENTS. SOCIAL CLUB PAYMENTS ARE SUPPORTED BY INVOICES AND ARE PROCESSED THROUGH THE COLLEGE'S ACCOUNTS PAYABLE PROCESS. THE HOUSING ALLOWANCE IS ALSO SUPPORTED BY WRITTEN DOCUMENTATION. 2295 TUITION REMISSION X 105202 FMV X 3 71638 AVERAGE HIGH/LOW AT TRAN X MISCELLANEOUS 10 4853 FNV X MEALS 21 3264 FMV X EQUIPMENT & SUPPLIES 7 966 FMV 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 COLLEGE'S AUDITORS. EMPLOYEES CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE EMPLOYEE'S SUPERVISOR AND THE COLLEGE'S HUMAN RESOURCE DIRECTOR. ANY ITEMS DISCLOSED BY EMPLOYEES ARE REVIEWED BY THE PRESIDENT AND RELEVANT COLLEGE 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 COLLEGE 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 COLLEGE 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 COLLEGE'S LEADERSHIP TEAM TO ENSURE THAT THEY ARE RELEASED ONLY TO SATISFY LEGITIMATE REQUESTS. FORM 990, PART XI, LINE 9: CHANGE IN FUNDS HELD IN TRUST 9,372. CHANGE IN SPLIT-INTEREST AGREEMENTS 23,112. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION -32,579. FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.