2019-04-19T09:48:48-07:00 2018-06-30 990 2017-07-01 540505945 ROANOKE COLLEGE ROAN 5403752283 221 College Lane Salem VA 241533794 David Mowen Vice President Business Affairs 5403752283 2019-01-23 199.242.209.22 2017 2019-02-21 02:37:17Z ROANOKE COLLEGE David B Mowen Roanoke College Business Affairs 221 College Lane Salem VA 24153 121594280 0 X www.roanoke.edu X 1842 VA To provide student instruction, scholarships, academic support, student services to its students 32 32 1800 68 0 0 6226889 11282523 101532955 105518999 4086714 4686226 44010 106532 111890568 121594280 42580963 46748726 0 0 39600047 39612940 0 0 3564134 26590016 28869968 108771026 115231634 3119542 6362646 292729835 300796989 63858638 60031778 228871197 240765211 To engage students in their development as whole persons through an integrative learning approach that stresses intellectual, ethical, spiritual and personal growth and prepares our graduates for responsible lives of learning, service and leadership in a diverse and changing world. 0 0 67439872 46748726 83483585 Student Instruction - undergraduate college education 14458387 0 22141946 Auxiliary Services - dining, residence halls, bookstore operated on campus for student use 10464342 0 0 Student Services - programming for students 3384341 0 0 Other - Research, Public Support and Academic Support 3384341 0 0 95746942 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 1 165 0 1 1800 1 0 0 0 0 0 0 0 0 0 0 X 32 32 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 0.96 X 0 0 0 Kirk H Betts Trustee 0.96 X 0 0 0 Paris D Butler Trustee 0.92 X 0 0 0 Pamela L Cabalka Trustee 1.57 X 0 0 0 M Paul Capp Trustee 0.92 X 0 0 0 Joseph H Carpenter Trustee 0.92 X 0 0 0 Joanne L Cassullo Trustee 0.92 X 0 0 0 W Morgan Churchman Trustee 1.07 X 0 0 0 Malon W Courts Trustee 1.59 X 0 0 0 Morris M Cregger Jr Trustee 1.57 X 0 0 0 James S Frantz Jr Trustee 1.07 X 0 0 0 David L Guy Trustee 1.32 X 0 0 0 Michael P Haley Trustee 1.19 X 0 0 0 Judith B Hall Trustee 0.92 X 0 0 0 Kathryn S Harkness Trustee 1.32 X 0 0 0 Richard S Hathaway Trustee 0.92 X 0 0 0 Peggy Fintel Horn Trustee 1.17 X 0 0 0 Rev Robert F Humphrey Trustee 0.92 X 0 0 0 John E Lang Trustee 0.96 X 0 0 0 Patrick R Leardo Trustee 1.59 X 0 0 0 Michael A Martino Trustee 1.17 X 0 0 0 Nancy B Mulheren Trustee 0.92 X 0 0 0 Timothy J ODonnell Trustee 0.92 X 0 0 0 Roger A Petersen Trustee 1.32 X 0 0 0 J Tyler Pugh Trustee 1.23 X 0 0 0 M Lynn Reichenbach Trustee 0.92 X 0 0 0 Rev Theodore F Schneider Trustee 0.92 X 0 0 0 Thomas A Stevens Trustee 0.92 X 0 0 0 Andrew K Teeter Trustee 0.92 X 0 0 0 Chiming Tse Trustee 0.92 X 0 0 0 Patrice M Weiss Trustee 0.92 X 0 0 0 Helen T Whittemore Trustee 0.92 X 0 0 0 Michael C Maxey President 40 X 309221 0 43371 Richard A Smith Vice President for Academic Affairs and Dean 40 X 227005 0 33838 Brenda P Poggendorf Vice President Enrollment 40 X 204169 0 109779 Mark P Noftsinger Vice President Business Affairs and Treasurer 40 X 197802 0 30353 Aaron L Fetrow Vice President Resource Development & Student Affairs 40 X 188140 0 32315 G Michael Pace In House Legal Counsel 40 X 198145 0 37095 Mary Grace Theodore Assistant Vice President Resource Development 40 X 127905 0 0 Richard G Grant Associate Dean for Academic Affairs & Student Engagement 40 X 111407 0 0 Brian T Chisom Dean of Students 40 X 116844 0 0 Robert D Schultz Professor English 40 X 108614 0 0 1789252 0 286751 20 0 1 0 John M Hills 5801 Bayview Drive Ft Lauderdale FL 33308 Consulting 144000 1 0 0 0 0 501064 10781459 0 11282523 Tuition and student fees 611310 82354365 82354365 0 0 Dining services 611710 11328787 11328787 0 0 Residence halls 611710 10227779 10227779 0 0 Campus store 611710 585380 585380 0 0 1022688 1022688 0 0 105518999 2713190 0 0 2713190 0 0 0 0 0 0 0 0 0 0 1973036 0 0 0 1973036 0 1973036 0 0 1973036 0 106532 106532 0 0 106532 121594280 105625531 0 4686226 0 0 46748726 46748726 0 0 0 0 1145616 530312 313781 301523 0 0 0 0 28563939 22180467 5086854 1296618 0 0 0 0 9903385 6732295 2668040 503050 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 267229 0 267229 0 0 0 0 0 0 0 0 0 1997258 1744203 187798 65257 0 0 0 0 0 0 0 0 0 0 0 0 1727148 1431020 89381 206747 0 0 0 0 0 0 0 0 2162024 1929750 232274 0 0 0 0 0 4791566 3617055 1174511 0 0 0 0 0 Auxiliary and other 17013452 10508127 5314386 1190939 Non-Operating Expenses Paid with Prior Yr Surplus 911291 324987 586304 0 0 0 0 115231634 95746942 15920558 3564134 0 0 18837092 25424338 18611077 17780688 652866 803307 43739 0 0 0 6619883 6627822 505882 533218 853487 1325432 192298260 62722727 131344259 129575533 111052679 114366904 0 0 0 0 0 0 4208871 4359747 292729835 300796989 4262355 4534511 0 0 2045125 2186455 27671568 26416167 0 0 0 0 17594198 15782323 1133028 929216 11152364 10183106 63858638 60031778 X 92242391 96422631 63038964 66935132 73589842 77407448 228871197 240765211 292729835 300796989 6362646 5531367 0 0 1 0 X 0 1 1 1 1 X 0 0 0 0 0 0 0 0 1 3343 3343 0 Schedule C, Part II-B, Line 1 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, 2018, CICV expended approximately 11.31% 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, 2018, NAICU expended approximately 7% of membership dues for lobbying activities. 0 177450 0 0 X X X 0 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 121650992 1490540 13362369 2031225 1432194 0 133040482 0.2 0.52 0.28 0 0 532882 5921714 6454596 55857 155368326 45635318 109788865 0 4421918 954793 3467125 0 24805339 16132616 8672723 0 1192224 0 1192224 129575533 0 Postretirement benefit obligation 6659960 Trust and annuity obligation 1940770 US Govt grants refundable 1582376 10183106 80109692 5531367 0 0 0 5531367 74578325 267229 46748726 47015955 121594280 68215679 0 0 0 0 0 68215679 267229 46748726 47015955 115231634 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 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, and federal CWS (college work study) grants. 1 Financial aid to students for tuition and fees, applied directly to the student account. 1997 46748726 0 Schedule I, Part I, Line 2 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 309221 0 0 0 0 0 25650 0 17721 0 352592 0 0 0 Brenda P Poggendorf Vice President Enrollment 204169 0 0 0 0 0 19511 0 90268 0 313948 0 0 0 Mark P Noftsinger Vice President Business Affairs and Treasurer 197802 0 0 0 0 0 19018 0 11335 0 228155 0 0 0 Richard A Smith Vice President for Academic Affairs and Dean 227005 0 0 0 0 0 21739 0 12099 0 260843 0 0 0 Aaron L Fetrow Vice President Resource Development & Student Affairs 188140 0 0 0 0 0 17515 0 14799 0 220454 0 0 0 G Michael Pace In House Legal Counsel 198145 0 0 0 0 0 19661 0 17434 0 235240 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 7154359 0 20741893 0 0 0 360443 0 0 14034908 6346542 0 2010 1 0 1 1 B 1467159 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, who is a CPA, based on the annual independently audited financial statements. It is reviewed by the Vice President of Business Affairs, who is also 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.