2025-11-14T12:41:08-06:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 707 VIRGINIA STREET EAST SUITE 300 CHARLESTON WV 25301 990 2024-07-01 550357056 WEST VIRGINIA WESLEYAN COLLEGE WEST 3044738030 59 COLLEGE AVE BUCKHANNON WV 26201 DENNIS MCMASTER VP FOR FINANCE AND OPERATIONS/CFO 3044738030 2025-11-03 1 1 MELISSA PRICE P00750418 3043434188 2025-11-03 2024 2025-03-06 01:10:19Z DENNIS MCMASTER 59 COLLEGE AVENUE BUCKHANNON WV 26201 75996940 0 X WWW.WVWC.EDU X 1890 WV WEST VIRGINIA WESLEYAN COLLEGE CHALLENGES ITS STUDENTS TO A LIFE-LONG COMMITMENT TO DEVELOP THEIR INTELLECTUAL, ETHICAL, SPIRITUAL, AND LEADERSHIP POTENTIAL AND TO SET AND UPHOLD STANDARDS OF EXCELLENCE. FIRMLY ROOTED IN THE LIBERAL ARTS TRADITION AND CLOSELY RELATED TO THE UNITED METHODIST CHURCH, THE COLLEGE IS A COMMUNITY OF LEARNING BASED ON FUNDAMENTAL PRINCIPLES FORMED AT THE INTERSECTION OF CHRISTIAN FAITH AND LIBERAL EDUCATION: INTELLECTUAL RIGOR, SELF-DISCOVERY, HUMAN DIGNITY, MUTUAL SUPPORT, SOCIAL JUSTICE, SELF-DISCIPLINE, MENTAL AND PHYSICAL WELLNESS, THE APPRECIATION OF DIVERSITY AND THE NATURAL WORLD, AND THE JUDICIOUS USE OF RESOURCES. THE COLLEGE RECOGNIZES AND AFFIRMS ITS INTERDEPENDENCE WITH THE EXTERNAL COMMUNITIES-LOCAL, REGIONAL, NATIONAL, AND GLOBAL-AND ITS COVENANT WITH THE PEOPLE OF WEST VIRGINIA TO SHARE ITS EDUCATIONAL AND CULTURAL RESOURCES. 23 20 777 22 0 0 5350664 6110557 40413254 42662633 7147156 9720861 600340 554946 53511414 59048997 19338056 20934423 0 0 15594026 17383535 0 0 1345671 13944626 14637652 48876708 52955610 4634706 6093387 145999691 155299534 15383476 14707297 130616215 140592237 X WEST VIRGINIA WESLEYAN COLLEGE CHALLENGES ITS STUDENTS TO A LIFE-LONG COMMITMENT TO DEVELOP THEIR INTELLECTUAL, ETHICAL, SPIRITUAL, AND LEADERSHIP POTENTIAL AND TO SET AND UPHOLD STANDARDS OF EXCELLENCE. FIRMLY ROOTED IN THE LIBERAL ARTS TRADITION AND CLOSELY RELATED TO THE UNITED METHODIST CHURCH, THE COLLEGE IS A COMMUNITY OF LEARNING BASED ON FUNDAMENTAL PRINCIPLES FORMED AT THE INTERSECTION OF CHRISTIAN FAITH AND LIBERAL EDUCATION: INTELLECTUAL RIGOR, SELF-DISCOVERY, HUMAN DIGNITY, MUTUAL SUPPORT, SOCIAL JUSTICE, SELF-DISCIPLINE, MENTAL AND PHYSICAL WELLNESS, THE APPRECIATION OF DIVERSITY AND THE NATURAL WORLD, AND THE JUDICIOUS USE OF RESOURCES. THE COLLEGE RECOGNIZES AND AFFIRMS ITS INTERDEPENDENCE WITH THE EXTERNAL COMMUNITIES-LOCAL, REGIONAL, NATIONAL, AND GLOBAL-AND ITS COVENANT WITH THE PEOPLE OF WEST VIRGINIA TO SHARE ITS EDUCATIONAL AND CULTURAL RESOURCES. WEST VIRGINIA WESLEYAN COLLEGE PREPARES ITS STUDENTS THROUGH ITS CURRICULUM OF ARTS AND SCIENCES, PREPROFESSIONAL, PROF 0 0 47345205 20934423 32943585 THE COLLEGE ENROLLS STUDENTS IN MORE THAN 40 BACCALAUREATE AND MASTERS PROGRAMS. 47345205 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1342 0 777 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RANDALL W CRITES 3044738030 59 COLLEGE AVENUE BUCKHANNON WV 26201 JAMES MOORE PRESIDENT 50.00 X X 273327 0 33003 ELLIS E CONLEY SECRETARY, EXEC. COMMITTEE 4.00 X X 0 0 0 WILLIAM R FAHRNER CHAIR, EXEC. COMMITTEE 4.00 X 0 0 0 DAVID A YOUNG CHAIR, EXEC. COMMITTEE 4.00 X 0 0 0 KEVIN W SPEAR CHAIR, EXEC. COMMITTEE 4.00 X 0 0 0 BRIAN BROUILLETTE TRUSTEE 2.00 X 0 0 0 MICHAEL A BUSH TRUSTEE 2.00 X 0 0 0 JASON FIEGEL TRUSTEE 2.00 X 0 0 0 ARRIA M FOSTER-HINES TRUSTEE 2.00 X 0 0 0 SAM FOX TRUSTEE 2.00 X 0 0 0 DANETTE JOHNSON TRUSTEE 2.00 X 0 0 0 ALAN LETTON TRUSTEE, EXEC. COMMITTEE 4.00 X 0 0 0 MARTHA S OGNIBENE TRUSTEE 2.00 X 0 0 0 DEBRA WALLACE-PADGETT TRUSTEE, EXEC. COMMITTEE 4.00 X 0 0 0 JUSTIN RABER TRUSTEE, EXEC. COMMITTEE 4.00 X 0 0 0 STEPHEN RANJAN TRUSTEE 2.00 X 0 0 0 ANGEL ROGERS TRUSTEE 2.00 X 0 0 0 AMY SHANHOLTZER TRUSTEE 2.00 X 0 0 0 CRAIG D WELSH TRUSTEE 2.00 X 0 0 0 CURTIS L WILKERSON TRUSTEE 2.00 X 0 0 0 JAMION WOLFORD TRUSTEE 2.00 X 0 0 0 JESSE OLDROYD TRUSTEE 2.00 X 0 0 0 BRENDA FRIEND TRUSTEE 2.00 X 0 0 0 LYNN LINDER VP ACADEMIC AFFAIRS & DEAN 50.00 X 111962 0 31569 DENNIS MCMASTER VP FOR FINANCE & OPERATION 50.00 X 164244 0 18509 JOHN WALTZ VP ENROLLMENT MGMT 50.00 X 113305 0 31023 ALISON WHITEHAIR VP OF STUDENT AFFAIRS 50.00 X 104976 0 9056 KRISTI WILKERSON VP FOR ADVANCEMENT 50.00 X 130058 0 29803 RAE EMRICK ATHLETIC DIRECTOR 50.00 X 96577 0 6372 AMY COFFMAN FACULTY 37.50 X 158671 0 7820 THERESA BLACK FACULTY 37.50 X 119881 0 15519 JENNIFER REYES RANDALL FACULTY 37.50 X 104250 0 6760 1377251 0 189434 9 0 1 0 ALADDIN FOOD 2400 ANSYS DRIVE SUITE 404 CANONSBURG PA 15317 FOOD SERVICE 2419080 SNIDER CONSTRUCTION PO BOX 593 WESTON WV 26452 CONSTRUCTION 671300 PANHANDLE CLEANING & RESTORATION 42 38TH STREET WHEELING WV 26003 LIGHTING 363046 INDEPENDENT COLLEGE ENTERPRISE 2300 MACCORKLE AVE SE CHARLESTON WV 25304 SOFTWARE & SUPP 261055 SPARK451 INC PO BOX 845764 BOSTON MA 02284 HIGHER EDUCATION MARKETING & ENROLLMENT 202229 8 2227530 3883027 241567 6110557 TUITION & FEES 611310 32943585 32943585 AUXILLARY INCOME 611710 9719048 9719048 42662633 3037964 3037964 22844507 786333 16891094 56849 5953413 729484 6682897 6682897 OTHER INCOME 611710 554946 554946 554946 59048997 32943585 0 19994855 20934423 20934423 1228654 559128 498650 170876 12378403 10625856 1196924 555623 785409 677252 81795 26362 2040910 1209446 779401 52063 950159 768484 131456 50219 216132 338 179244 36550 1566373 1406889 71604 87880 1746632 1625973 70934 49725 688395 634405 24128 29862 467646 459150 8496 3205811 2778380 358097 69334 888865 844110 26278 18477 FOOD SERVICE 2443785 2418860 9281 15644 OTHER CONTRACT SERVICES 1860886 1377442 423555 59889 MISCELLANEOUS 759373 552442 196220 10711 EQUIPMENT RENTAL/MAINTE 478665 322958 146201 9506 315089 149669 62470 102950 52955610 47345205 4264734 1345671 X 13612719 14138932 875658 974859 393559 231958 439241 117242 40951 73264 1130363 1155093 118423729 85468492 33724761 32955237 82469118 91288449 13313321 14364500 145999691 155299534 1739987 1673680 928579 914762 11515886 10411902 70636 139374 1128388 1567579 15383476 14707297 X 21626840 21641795 108989375 118950442 130616215 140592237 145999691 155299534 X 6093387 3255491 627144 X X 0 1 X 1 1 1 X 13855998 6698103 5888005 5350664 6110557 37903327 13855998 6698103 5888005 5350664 6110557 37903327 1381368 36521959 1515538 2630256 2058396 1975222 3043275 11222687 49126014 199926016 0.74340 0.76610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88139677 695343 11551184 3450000 96936204 79166880 858239 11314558 3200000 88139677 70553094 1465817 10147969 3000000 79166880 84169619 2341224 -13457749 2500000 70553094 65132245 3607775 17629599 2200000 84169619 0.02000 0.98000 1 0 1605039 1605039 94091725 65731442 28360283 18472908 16664720 1808188 4254057 3072330 1181727 32955237 INTEREST IN PERPETUAL TRUSTS 13822385 DEPOSIT HELD BY TRUSTEE 208232 ROU ASSET 333883 14364500 REFUNDABLE ADVANCES 994531 SPLIT INTEREST OBLIGATIONS 239165 LEASE LIABILITY 333883 1567579 41997209 3255491 627144 3882635 38114574 20934423 20934423 59048997 32021187 0 32021187 20934423 20934423 52955610 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 8,533. NET GAIN ON BENEFICIAL INTEREST IN TRUST 618,611. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND AWARDS 20,934,423. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND AWARDS 20,934,423. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY IS INCLUDED IN ALL OF THE COLLEGE'S PUBLICATIONS AND IS ALSO EASILY LOCATED ON THEIR WEB PAGE. SCHEDULE E, PART I, LINE 6 ASSISTANCE CONSISTS OF GRANTS RECEIVED FROM VARIOUS FEDERAL AGENCIES, INCLUDING THE U.S. DEPARTMENT OF EDUCATION. 0 SCHOLARSHIPS 995 20934423 PART I, LINE 2: STUDENTS ARE AWARDED SCHOLARSHIPS BASED ON AN EVALUATION OF NEED AND ELIGIBILITY FOR SPECIFIC AWARDS IN ACCORDANCE WITH ANY DONOR STIPULATIONS. THE FINANCIAL AID DEPARTMENT IS RESPONSIBLE FOR MAKING SCHOLARSHIP AWARDS AND FOR MONITORING ONGOING ELIGIBILITY (E.G. MAINTENANCE OF SATISFACTORY ACADEMIC PROGRESS). X 1 1 X X 0 0 0 0 0 0 0 0 0 JAMES MOORE PRESIDENT 243327 0 30000 0 0 0 24000 0 9003 0 306330 0 0 0 DENNIS MCMASTER VP FOR FINANCE & OPERATION 164244 0 0 0 0 0 9675 0 8834 0 182753 0 0 0 AMY COFFMAN FACULTY 158671 0 0 0 0 0 7271 0 549 0 166491 0 0 0 KRISTI WILKERSON VP FOR ADVANCEMENT 130058 0 0 0 0 0 8400 0 21403 0 159861 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES A HOUSING ALLOWANCE IN LIEU OF RESIDING IN CAMPUS HOUSING. A COLLEGE COMM DEV REFUND REV BONDS 2010C 556000152 118325BT5 2010-10-15 7855000 REFUNDING SERIES 01' 0 0 0 B COLLEGE COMM DEV REV BONDS 2013A 556000152 118325CJ6 2013-04-01 6450000 REFUNDING SERIES 08' 0 0 0 C COLLEGE COMM DEV REV BONDS 2014A 556000152 118325CS6 2014-03-01 1020000 DORMITORY RENOVATION 0 0 0 D COLLEGE COMM DEV REV BONDS 2016A 556000152 118325DP1 2016-12-01 5815000 REFUNDING SERIES 10' 0 0 0 A 6535000 7931986 155885 7776101 2011 0 1 1 1 B 2185000 6617774 126160 6491614 2013 0 1 1 1 C 685000 1020000 20000 1000000 2014 0 0 1 1 D 1290000 5815000 70000 5815000 2016 0 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K SCHEDULE K - DATE REBATE COMPUTATION PERFORMED COLLEGE COMM DEV REFUND REV BONDS 2010C 12/04/20 SCHEDULE K - DATE REBATE COMPUTATION PERFORMED COLLEGE COMM DEV REFUND REV BONDS 2013A 05/21/25 SCHEDULE K - DATE REBATE COMPUTATION PERFORMED COLLEGE COMM DEV REV BONDS 2014A 11/21/18 SCHEDULE K - DATE REBATE COMPUTATION PERFORMED 06/16/21 COLLEGE COMM DEV REV BONDS 2016A X 12 241567 FAIR MARKET VALUE 0 0 0 PART I, LINE 32B: THE COLLEGE HIRES A REAL ESTATE BROKER TO SELL RESIDENTIAL REAL ESTATE WHEN IT IS GIFTED TO THE COLLEGE. FORM 990, PART VI, SECTION A, LINE 2 KRISTI WILKERSON - VICE PRESIDENT FOR ADVANCEMENT AND CURTIS WILKERSON - TRUSTEE, HAVE A SPOUSAL RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THIS RETURN IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL, AND THE APPROVED DRAFT IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICE OF THE VICE PRESIDENT FOR ADMINISTRATION & FINANCE COLLECTS CONFLICT OF INTEREST STATEMENTS FROM ALL BOARD MEMBERS, THE ENTIRE CABINET, AND ALL FACULTY AND STAFF PERSONS WHO HAVE BUDGETARY AUTHORITY. THEY ARE COLLECTED AND REVIEWED ON AN ANNUAL BASIS BEFORE JUNE 30TH OF EACH YEAR. DISSEMINATION OF THE FORMS AND THE RATIONALE FOR THE NEED TO DISCLOSE THE CONFLICTS OF INTEREST ARE CONDUCTED AT THE FALL MEETING OF THE FULL BOARD OF TRUSTEES. FORMS FOR ALL OTHERS ARE DISSEMINATED PRIOR TO THE END OF THE ACADEMIC YEAR AND ARE COLLECTED AND REVIEWED BEFORE THE END OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS DETERMINED AND SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, REVIEWED AND EVALUATED ON AN ANNUAL BASIS. THE COLLEGE MAKES REFERENCE TO THE ANNUAL SURVEY PREPARED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES AND PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION. COMPENSATION FOR OTHER OFFICERS AND SENIOR ADMINISTRATORS IS DETERMINED BY THE PRESIDENT IN CONSULTATION WITH THE CHAIRS OF THE APPROPRIATE BOARD COUNCILS. THE COLLEGE MAKES REFERENCE TO THE ANNUAL SURVEY PREPARED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES AND PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 8,533. NET GAIN/(LOSS) ON BENEFICIAL INTEREST IN TRUST 618,611. CHANGE IN VALUE OF INTEREST RATE SWAP ROUNDING FORM 990, PART XII, LINE 2C THE PROCESS REMAINS THE SAME AS PRIOR YEAR. THE OFFICERS AND THE BOARD ARE PROVIDED WITH A DRAFT OF THE FORM 990 TO REVIEW AND PROVIDE ANY QUESTIONS TO BE ADDRESSED PRIOR TO THE FILING. WV CONF OF UNITED METHODIST PO BOX 2469 CHARLESTON WV 25329 550338659 RELIGIOUS ORGANIZATION WV 501C3 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 WV CONFERENCE OF THE UNITED METHODIST CHURCH C 48918 CASH VALUE