2020-05-05T12:32:53-07:00 2019-06-30 990 2018-07-01 540505945 ROANOKE COLLEGE ROAN 5403752283 221 College Lane Salem VA 241533794 David Mowen Vice President Business Affairs 5403752283 2020-03-03 73.251.50.14 2018 2020-09-23 17:36:50Z ROANOKE COLLEGE David Mowen 221 College Ln Salem VA 24153 118716159 0 X www.roanoke.edu X 1842 VA Roanoke College develops students as whole persons and prepares them for responsible lives of learning, service, and leadership by promoting their intellectual, ethical, spiritual and personal growth. 31 31 1768 88 0 0 11282523 7750095 105518999 105694115 4686226 4145902 106532 1126047 121594280 118716159 46748726 49682257 0 0 39612940 39811278 0 0 2253351 28869968 25913817 115231634 115407352 6362646 3308807 300796989 304976326 60031778 58363264 240765211 246613062 Roanoke College develops students as whole persons and prepares them for responsible lives of learning, service, and leadership by promoting their intellectual, ethical, spiritual and personal growth. 0 0 74257568 49682257 85671456 Student Instruction - undergraduate college education 10247987 0 21148706 Auxiliary Services - dining, residence halls, bookstore operated on campus for student use 12513905 0 0 Student Services - programming for students 4359369 0 0 Other - Research, Public Support and Academic Support 4359369 0 0 101378829 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 166 0 1 1768 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X David D Mowen 5403752283 Roanoke College Business Affairs 221 College Lane Salem VA 241533794 Kenneth J Belton Sr Trustee 1.05 X 0 0 0 Kirk Howard Betts Trustee 1.3 X 0 0 0 Paris D Butler Trustee 1 X 0 0 0 Pamela L Cabalka Trustee 1.65 X 0 0 0 M Paul Capp Trustee 1 X 0 0 0 Joanne Leonhardt Cassullo Trustee 1 X 0 0 0 W Morgan Churchman Trustee 1.15 X 0 0 0 Malon W Courts Trustee 2.7 X 0 0 0 Danae Psilopoulos Foley Trustee 1 X 0 0 0 James S Frantz Jr Trustee 1.15 X 0 0 0 Rev Dr Rick J Goeres Trustee 1.05 X 0 0 0 David L Guy Trustee 1.65 X 0 0 0 Michael P Haley Trustee 1 X 0 0 0 Judith B Hall Trustee 1.25 X 0 0 0 Kathryn S Harkness Trustee 1.15 X 0 0 0 Richard S Hathaway Trustee 1 X 0 0 0 Peggy Fintel Horn Trustee 1.25 X 0 0 0 Reverend Robert F Humphrey Trustee 1.05 X 0 0 0 John E Lang Trustee 1.05 X 0 0 0 Patrick R Leardo Trustee 1.65 X 0 0 0 Michael A Martino Trustee 1 X 0 0 0 Nancy B Mulheren Trustee 1 X 0 0 0 Timothy J ODonnell Trustee 1.3 X 0 0 0 Roger A Petersen Trustee 1.65 X 0 0 0 J Tyler Pugh Trustee 1.05 X 0 0 0 M Lynn Reichenbach Trustee 1 X 0 0 0 Rev Dr Theodore F Schneider Trustee 1 X 0 0 0 Thomas A Stevens Trustee 1.25 X 0 0 0 Andrew K Teeter Trustee 1 X 0 0 0 Patrice M Weiss Trustee 1 X 0 0 0 Helen Twohy Whittemore Trustee 1 X 0 0 0 Michael C Maxey President 40 X 314449 0 43897 Richard A Smith Vice President for Academic Affairs and Dean 40 X 228389 0 34211 Brenda P Poggendorf Vice President Enrollment 40 X 202205 0 107030 Aaron L Fetrow Vice President Resource Development & Athletics 40 X 184199 0 33641 Mark P Noftsinger Vice President Business Affairs and Treasurer 40 X 155694 0 21087 David B Mowen Vice President Business Affairs and Treasurer 40 X 105327 0 10616 G Michael Pace In House Legal Counsel 40 X 204087 0 34352 Mary Grace Theodore Assistant Vice President Resource Development 40 X 128589 0 18955 Anil Shende Professor Math Computer Science Physics 40 X 113694 0 23811 Brian T Chisom Dean of Students 40 X 112809 0 17367 Gail A Steehler Associate Dean 40 X 109542 0 15700 1858984 0 360667 19 0 1 0 John M Hills 5801 Bayview Drive Ft Lauderdale FL 33308 Consulting 144000 0 0 0 0 584819 7165276 0 7750095 Tuition and Student Fees 611310 84485869 84485869 0 0 Dining Services 611710 10013059 10013059 0 0 Residence Halls 611710 10624016 10624016 0 0 Campus Store 611710 511631 511631 0 0 59540 59540 0 0 105694115 3513540 0 0 3513540 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 632362 0 0 0 632362 0 632362 0 0 632362 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1126047 1126047 0 0 1126047 118716159 106820162 0 4145902 0 0 49682257 49682257 0 0 0 0 1246377 538094 386100 322183 28434212 23276823 3969172 1188217 10130689 8563972 1084217 482500 276615 276615 1748524 1519370 164049 65105 1803743 1476498 131899 195346 2121777 1900421 221356 4912587 3831782 1080805 Other 14555040 10587890 3967150 0 Non Operating Expenses 495531 1722 493809 0 115407352 101378829 11775172 2253351 0 25424338 18781320 17780688 16364236 803307 805866 0 0 0 0 6627822 6328228 533218 595712 1325432 1046082 193966440 66437734 129575533 127528706 114366904 129142291 0 0 0 0 0 0 4359747 4383885 300796989 304976326 4534511 4960095 0 0 2186455 2122367 26416167 25105769 0 0 0 0 15782323 14892790 929216 716448 10183106 10565795 60031778 58363264 X 96422631 98802588 66935132 68180419 77407448 79630055 240765211 246613062 300796989 304976326 3308807 2539044 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3402 3402 0 Schedule C, Part II-B, Line 1 Roanoke College is a member of the Council of Independent Colleges in Virginia (CICV), as association of 28 independent colleges and universities working to promote the interests of non-profit, independent higher education in Virginia. The college pays a membership fee based on its student population. For the year ended June 30, 2019, CICV expended approximately 10.89% of membership dues for lobbying activities. Roanoke College is also a member of the National Association of Independent Colleges and Universities (NAICU), a national association representing private colleges and universities on policy issues on a federal level. The college pays a membership fee based on its student population. For the year ended June 30, 2019, NAICU expended approximately 7% of membership dues for lobbying activities. 0 177450 0 0 X X X 0 141219272 2174733 6192056 2640019 2366663 0 144579379 129715486 4593783 9779281 2274049 595229 0 141219272 121125623 1666673 11343076 2575339 1844547 0 129715486 123095432 3858493 -1219539 2304481 2304282 0 121125623 133040482 1684141 2196826 2181084 11644933 0 123095432 0.19 0.53 0.28 1 0 532882 5921714 6454596 55857 155569364 48686208 106939013 0 4432018 1105352 3326666 0 25603378 16646174 8957204 0 1851227 0 1851227 127528706 0 Postretirement benefit obligation 7132905 Trust and annuity obligation 1825614 US Govt grants refundable 1607276 10565795 71296330 2539043 0 0 0 2539043 68757287 276615 49682257 49958872 118716159 65448480 0 0 0 0 0 65448480 276615 49682257 49958872 115407352 Schedule D, Part III, Line 4 From Permanent Art Collection Management Policy: In operating its Permanent Collection, Roanoke College collects, preserves, exhibits, and makes available for study material of artistic and educational significance for the purpose of increasing knowledge and enriching the cultural life of the campus and the host community. Schedule D, Part V, Line 4 Roanoke College uses the return on its endowment to fund a variety of educational activities including donor-restricted projects, student scholarships, operations, and capital expenditures. Schedule D, Part XI, Line 4b Financial aid Schedule D, Part XII, Line 4b Financial aid 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Roanoke College's nondiscriminatory policy is posted on its website for prospective and current students, prospective and current employees, and the general public. It is also on all printed materials provided to, prospective students and employees, and upon request to the general public. Schedule E, Part I, Line 6 Roanoke College receives financial aid funds from the federal government which are passed-through to individual students in the form of PELL grants, SEOG grants, TEACH grants, and federal CWS (college work study) grants. Schedule E, Part I, Line 6a Roanoke College receives financial aid funds from the federal government which are passed-through to individual students in the form of PELL grants, SEOG grants, TEACH grants, and federal CWS (college work study) grants. 1 Financial aid to students for tuition and fees, applied directly to the student account. 1988 49682257 0 Schedule I, Part I, Line 2 College financial aid is administered and awarded for students attending Roanoke College by the college's Financial Aid office using the college's policies and procedures. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Michael C Maxey President 314449 0 0 0 0 0 25650 0 18247 0 358346 0 0 0 Brenda P Poggendorf Vice President Enrollment 202205 0 0 0 0 0 19656 0 87374 0 309235 0 0 0 Mark P Noftsinger Vice President Business Affairs and Treasurer 155694 0 0 0 0 0 12757 0 8330 0 176781 0 0 0 David B Mowen Vice President Business Affairs and Treasurer 105327 0 0 0 0 0 6933 0 3682 0 115942 0 0 0 Richard A Smith Vice President for Academic Affairs and Dean 228389 0 0 0 0 0 21900 0 12311 0 262600 0 0 0 Aaron L Fetrow Vice President Resource Development & Student Affairs 184199 0 0 0 0 0 17646 0 15995 0 217840 0 0 0 G Michael Pace In House Legal Counsel 204087 0 0 0 0 0 19783 0 14569 0 238439 0 0 0 Schedule J, Part I, Line 1a As a requirement of the position, the President and his family reside in college-owned housing (the value of which is not included as a taxable benefit.) The college provides all maintenance services and two part time housekeepers to clean the residence, both public spaces used for college-sponsored events and private spaces for the family's personal use. The housekeepers also do laundry, run errands and any other personal service requested by the President and his wife. The college pays for membership dues for the President at a local country club for purposes of entertaining donors and holding college-sponsored events as well as allowing the President and his family use of the facilities. The President reimburses the college for expenses incurred by his family for non-college activities (golf fees, meals, etc.) Schedule J, Part I, Line 3 The Compensation Committee is made up of members of the Board of Trustees. A Virginia College Building Authority 541249154 927781EY6 2007-06-06 20741893 Renovate residence hall and academic building 0 0 0 B Virginia Small Business Financing Authority 541300845 92810PAR2 2011-03-02 14722471 Construction of Residence Hall 0 0 0 A 8169755 0 20741893 0 0 0 360443 0 0 14034908 6346542 0 2010 1 0 1 1 B 1782908 0 14722471 0 0 0 278000 0 0 14444471 0 0 2012 0 0 1 1 A 0 0 0 0 0 0 0 1 0 1 B 0 0 0 0 0 0 0 1 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 A 0 B 0 Schedule K, Part IV, Line 2c-06/06/2007 20,741,893 Virginia College Building Authority The arbitrage rebate computation for the Series 2007 Bonds was completed on April 20, 2016 by Bingham Arbitrage Rebate Services. A copy of the full report is available upon request. Schedule K, Part IV, Line 2c-03/02/2011 14,722,471 Virginia Small Business Financing Authority The arbitrage rebate computation for the Series 2011 Bonds was completed on April 20, 2016 by Bingham Arbitrage Rebate Services. A copy of the full report is available upon request. Form 990, Part VI, Section B, Line 11b The annual Form 990 is prepared by the Director of Finance and Budget based on the annual independently audited financial statements. It is reviewed by the Vice President of Business Affairs, who is a CPA. A draft copy of the 990 is posted on the Board of Trustees secure website and they are notified electronically of its availability for review. Paper copies are also available upon request. Trustees are given a specified period within which to review the draft and ask questions. Following the review period, the final return is submitted to the IRS. Form 990, Part VI, Section B, Line 12c Each trustee and professional (exempt) employee signs an annual form to provide assurance that they are in compliance with the conflict of interest policy, disclosing any situations that may be applicable for review. During the annual external audit, the auditors review for potential conflicts and test for related-party transactions. Form 990, Part VI, Section B, Line 15 The compensation for the President and each member of cabinet (vice presidents, in house counsel) is reviewed annually by a board compensation committee consisting of trustees. Salary ranges are compared to industry-standard compensation data. Salaries are approved by the committee. Form 990, Part VI, Section C, Line 19 Some documents are available on the college's website. All documents are available in written form upon written request.