2016-02-12T14:01:33-07:00 2015-06-30 990 2014-07-01 540505892 EMORY & HENRY COLLEGE EMOR 2769446800 PO BOX 947 EMORY VA 24327 RICK GAUMER VP FOR BUSINESS & FINANCE 2769446966 2016-02-12 2014 2016-08-17 19:52:53Z JAKE B SCHRUM PO BOX 947 EMORY VA 24327 50640786 0 X www.ehc.edu X 1839 VA With a mission statement founded upon "Increase in Excellence", the college continues to be recognized nationally as a place that changes lives and as a place committed to community engagement. It was recently named as one of "America's Best Kept College Secrets" by author Peter Arango. Newsweek magazine has ranked Emory & Henry College fourth among all colleges and universities in the nation in providing service learning and community service. E&H continues to be listed as one of the top 40 institutions in the nation that transforms students' lives, as noted in "Colleges that Change Lives". It is one of only a few Virginia institutions to make the Top 50 list of Washington Monthly's 2015 ranking of national colleges and universities, and is ranked as the top liberal arts college in Virginia in this guide. 36 35 843 150 0 0 17704426 7579831 34653512 38347660 5257404 4588696 0 0 57615342 50516187 15302728 17245270 0 0 14896800 17483814 0 0 834708 14390932 15210373 44590460 49939457 13024882 576730 213042887 215574515 38943241 43513037 174099646 172061478 X Emory & Henry College is a learning community in pursuit of excellence, engaging a diverse group of well-qualified men and women in educational experiences in which students confront historical and contemporary ideas and issues, and develop the ability to think critically about all areas of human experience. These educational experiences lead to lives of service, productive careers and global citizenship. E&H strives to provide the highest quality education, combining tradition and innovation as it transforms lives and creates positive social change in our region, our nation, and our world. 1 0 31896384 16896359 28349959 E&H College provided formal instruction and related academic support for 950 full-time equivalent students toward the fulfillment of Bachelor of Science and Bachelor of Art degrees in a variety of fields of study. The college's academic program is shaped by goals to develop the students' intellectual abilities, to strengthen their ability to think critically about ethical decisions and responsible actions, to evoke a commitment to serve others, and to nurture their curiosity through lifelong learning. Student financial aid was provided to most students through a variety of scholarships and grants, supporting the pursuit of degrees. Formal classroom instruction was provided by faculty members in small classroom settings. To enhance the academic experience for students, services were provided through the library, academic computing, The Powell Resource Center (for academic counseling, career services, personal counseling, skill development, testing resources, tutoring, workshops, and academic accommodations for students with documented disabilities), and the Office of the Academic Dean. Writing labs and quantitative labs were available to students on an ongoing basis. Academic areas of expansion included a marching band program and the initiation of Occupational Therapy and Physician Assistants in the new School of Health Sciences. The new visual and performing arts center was opened to showcase student accomplishments in the fine arts curriculum. Project Ampersand was initiated which is a project-based learning environment in the core curriculum. 6097084 0 9581784 Auxiliary services were provided to all students. As a primary residential campus, most students were provided housing and meals. The Mercantile continued to provide books, art and school supplies, medical equipment and essential grocery and health products to students for their convenience. 6525498 0 415917 Various services were provided to students through many programs and offices, including intramural sports, general athletics, the Outdoor Program, spiritual life, The Martin Brock Student Center, Admissions, Financial Aid, the Registrar, the Student Health Center, the Appalachian Center for Community Service, the Bonner Program, the Centralized Student Assistance Office, and the Office of the Dean of Students. Most students received some form of financial aid through various scholarships and grants, providing the opportunity to pursue degrees. Campus employment and internships were made available to many students, providing financial resources and valuable work experiences. Many community service opportunities were provided through the Appalachian Center, the Outdoor Program, and the Chaplain's Office. The college also partners with The Rensselearville Institute to train community innovators to be "spark plugs" for change. The Outdoor Program continued its Outdoor Adventures Program during the summer months. The college's equestrian riding program won the 2015 Intercollegiate Dressage Association national title. 0 0 0 44518966 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 94 0 1 843 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 36 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X X Emory & Henry College 2769446800 PO Box 947 Emory VA 24327 Dr Glenn H Birkitt Jr Board Member 1 0 X 0 0 0 Kyra Kegley Bishop Board Executive Committee 2 0 X 0 0 0 Jeoffrey B Bodenhorst Board Executive Committee 2 0 X 0 0 0 Carolee J Bondurant Board Member 1 0 X 0 0 0 Arthur Theron Broady Board Member 1 0 X 0 0 0 James H Brooks Board Member 1 0 X 0 0 0 Joseph F Ellis Board Member 1 0 X 0 0 0 James H Fern Board Member 1 0 X 0 0 0 Tim L Fields Board Member 1 0 X 0 0 0 Vaughn R Groves Board Executive Committee 2 0 X 0 0 0 Jane Hicks Harter Board Member 1 0 X 0 0 0 Lynda Jones Hawkins Board Member 1 0 X 0 0 0 Paul N Hubble Jr Board Member 1 0 X 0 0 0 Eric S Johnson Board Executive Committee 2 0 X 0 0 0 Rev Jonathan B Jonas Board Member 1 0 X 0 0 0 F Winton Lackey Board Member 1 0 X 0 0 0 Elizabeth Maiden Mahaffey Board Member 1 0 X 0 0 0 John P McClave Board Member 1 0 X 0 0 0 William L Naehle Board Member 1 0 X 0 0 0 William B Pendleton Board Chair 3 0 X 0 0 0 Paul A Powell Jr Board Executive Committee 2 0 X 0 0 0 Gary M Reedy Board Executive Committee 2 0 X 0 0 0 B Fielding Rolston Board Executive Committee 2 0 X 0 0 0 Dr Cathy Crowe Schubert Board Member 1 0 X 0 0 0 Jennie Pruner Smith Board Member 1 0 X 0 0 0 Ann Grim Sparger Board Executive Committee 2 0 X 0 0 0 Donna Proffit Vaughn Board Executive Committee 2 0 X 0 0 0 Dr L Carole Wharton Board Executive Committee 2 0 X 0 0 0 Rev Sandra J Johnson Board Member 1 0 X 0 0 0 Bishop Mary Virginia Taylor Board Member 1 0 X 0 0 0 Dr E Stephen Hunt Board Member 1 0 X 0 0 0 Elton M Hyder III Board Member 1 0 X 0 0 0 Dr A Susan Keene Board Member 1 0 X 0 0 0 Donald R Youell Jr Board Member 1 0 X 0 0 0 Peter S Walters Board Member 1 0 X 0 0 0 Jake B Schrum President 40 0 X 295207 0 77104 Joseph Taylor VP for Advancement 40 0 X 167520 0 81066 David Haney VP for Academic Affairs 40 0 X 133733 0 34101 Dirk Wilmoth VP for Operations 40 0 X 109701 0 48871 David Voskuil VP of Enrollment 40 0 X 100164 0 34363 806325 0 275505 5 0 1 0 Sodexo Inc Affiliates PO Box 536922 Atlanta GA 30353 Food and Facility Services 3486495 Branch Associates Inc PO Box 40051 Roanoke VA 24022 Construction Services 8371858 Craig Gaulden and Davis 19 Washington Park Greenville SC 296013111 Architecture Services 229767 Independent College Enterprise Universtiy of Charleston Charleston WV 25304 IT Services 209998 David Berg dba Wallace Brothers 36571 Plum Creek Road Glade Spring VA 24340 Construction Services 167322 9 0 0 0 0 85629 7494202 0 7579831 TUITION & FEES 611310 28349959 28349959 0 0 SALES & SERVICES EDUCATION AUXILIARIES 611310 9581784 9581784 0 0 SALES & SERVICES EDUCATION OTHER 611310 415917 415917 0 0 0 0 0 0 38347660 4590276 4590276 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 123019 0 124599 0 -1580 0 -1580 -1580 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50516187 42936356 0 0 0 0 17245270 17245270 0 0 0 0 505598 0 505598 0 0 0 0 0 13317871 11531448 1294570 491853 675995 579490 72747 23758 2018681 1609500 311797 97384 965669 838954 92788 33927 0 0 0 0 91671 12371 79300 0 55501 0 55501 0 0 0 0 0 0 0 0 0 0 0 293833 186491 105151 2191 119417 62634 55598 1185 1401852 1136424 175910 89518 387768 89749 254716 43303 0 0 0 0 5876826 5487518 389308 0 578082 463539 86367 28176 0 0 0 0 65048 15813 27578 21657 788352 694975 93377 0 0 0 0 0 2967377 2494198 473179 0 142978 142978 0 0 2441668 1927614 512298 1756 49939457 44518966 4585783 834708 6300 6225 13734859 8872206 2805469 2414153 1347752 356212 0 0 0 0 1095655 1064509 361076 368826 229747 323293 141872739 40523338 90648574 101349401 72563218 69657423 24250311 25136540 2414262 2584854 0 0 3585664 3440873 213042887 215574515 3233440 4715730 928225 924898 1223580 1003333 30848938 34411434 0 0 0 0 250000 0 0 0 2459058 2457642 38943241 43513037 X 43618498 41254903 81598267 81517391 48882881 49289184 174099646 172061478 213042887 215574515 X 576730 -2618788 0 0 0 3890 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 1466 1466 0 Schedule C, Part II-B, Line 1 Emory & Henry College pays membership dues to the Council of Independent Colleges in Virginia, Inc. The percentage of membership dues that is used for lobbying is 11.71%. 96614350 589077 1408868 2487845 4280981 0 91843469 86822987 1801796 14961397 2485055 4486775 0 96614350 80278425 1921926 8457218 2088395 1746187 0 86822987 83775727 1860439 -1782563 2260630 1314548 0 80278425 71605236 949140 14835310 2110555 1503404 0 83775727 0.09 0.53 0.38 0 0 0 2499006 2499006 0 123485243 28530889 94954354 0 0 0 0 0 15266850 11504267 3762583 0 621640 488182 133458 101349401 ALTERVATIVES - REAL ASSETS 9003797 F ALTERNATIVES - HEDGE FUNDS 12209155 F ALTERNATIVES - DEFENSIVE EQUITY FUNDS 3923588 F 25136540 0 FMV OF INTEREST RATE SWAP 1269783 ANNUITY & TRUST OBLIGATIONS 932348 AMOUNTS HELD FOR OTHERS 80035 STUDENT & OTHER DEPOSITS 175476 2457642 31004930 -2674152 0 0 59254 -2614898 33619828 0 16896359 16896359 50516187 33043098 0 0 0 0 0 33043098 0 16896359 16896359 49939457 Schedule D, Part V, Line 4 The endowment consists of over 400 individual funds, the majority of which supports students directly through institutional scholarships. Approximately 15% of the funds provide support to academic programs through professorships, program chairs, lectureships, faculty travel, research, and other program expenses. A small portion of funds are restricted for other programs and projects of the college. Schedule D, Part XI, Line 2d Change in Funds Held in Trust by Others $-122,036, Change in Fair Value of Swap Agreement $177,400, Other $3890. Schedule D, Part XI, Line 4b Institutional financial aid to students $16,896,359. Schedule D, Part XII, Line 4b Institutional financial aid for students $16,896,359. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 E&H College publishes the following statement, "Emory & Henry College does not discriminate on the basis of race, color, national origin, religion, sex, sexual orientation, or physical handicap in administration of its educational policies, hiring policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs. Emory & Henry College affirms the dignity and worth of every individual." Schedule E, Part I, Line 6 The College receives funds from the Commonwealth of Virginia through the administration of the State Council of Higher Education for Virginia (SCHEV) for student financial aid under the Virginia Tuition Assistance Grant Program. Funds are also received from the federal government through various programs, including Federal Work Study, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Federal Perkins Loans, and Federal Direct Loans. 1 Various amounts and kinds of grants and scholarships are awarded to recipients to assist with the costs of attendance at E&H College, while pursuing a variety of bachelor of art and science degrees. The cost of attendance includes tuition, books, room, board, and other living expenses. 985 16896359 0 Book Value Grants to faculty and students are awarded to aid with research expenses, travel expenses, and supplies and equipment in various academic fields. 50 348911 0 Book Value Schedule I, Part I, Line 2 The College maintains complete records for the grants and scholarships provided to all individuals. Those records indicate the criteria used to award the grants, documentation supporting the grantee's eligibility of the award, and substantiation of the amounts awarded. Documentation is also maintained as to when and how the funds are utilized. Where appropriate, periodic reports are prepared, summarizing the allocation of funds and a reconciliation of the amounts spent for each grant and scholarship. The College employs individuals whose primary responsibilities are to oversee the process of distributing financial grants and scholarships. The number of scholarship and grant recipients for cost of attendance are tracked by the administrative system. The number of faculty and student recipients of research awards are estimated based on the type of grants awarded and the number of participants. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Jake B Schrum President 295207 0 0 0 0 0 0 0 77104 0 372311 0 0 Joseph Taylor VP for Advancement 167520 0 0 0 0 0 0 0 81066 0 248586 0 0 David Haney VP for Academic Affairs 133733 0 0 0 0 0 0 0 34101 0 167834 0 0 0 Dirk Wilmoth VP of Operations 109701 0 0 0 0 0 0 0 48871 0 158572 0 0 Schedule J, Part I, Line 1a Housing is provided to the President of the College. The house is located on campus, is furnished for the convenience of the College, and is a condition of employment. Housekeeping is provided at the residence in all public areas, as it is used for entertainment and business activities of the College. Schedule J, Part I, Line 3 The Board of Trustees Executive Committee has the responsibility of reviewing the salary and benefits of the President of the College on an annual basis. Comparable data is compiled from peer institutions, and other standard college and university organizations and publications for purposes of determining appropriate levels of salary and benefits. A IDA of the Town of Saltville VA 541090126 2003-08-26 5200000 Refinance 1993 Bonds 0 0 0 B IDA of Washington County VA 541090126 2004-12-22 5000000 Campus Energy Savings Project 0 0 0 C IDA of Washington County VA 541324605 2005-12-23 2500000 Construction of 2 Student Housing Units 0 0 0 D IDA of Washington County VA 541324605 2006-12-22 10000000 Renovation of 2 Classroom & Admin Buildings 0 0 0 A 3120000 0 5200000 0 0 0 76568 0 0 5123432 0 0 2003 1 0 1 1 B 5000000 0 5000000 0 156064 0 55829 0 0 4788107 0 0 2006 0 0 1 1 C 1187500 0 2500000 0 50218 0 49805 0 0 2399977 0 0 2007 0 0 1 1 D 4250000 0 10000000 0 659374 0 61146 0 0 9279480 0 0 2008 0 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 1 1 Bank of America 20 0 0 0 1 0 B 1 0 0 0 0 0 C 1 1 1 Bank of America 20 0 0 0 1 0 D 1 1 1 BB&T 20 0 0 0 1 0 A 0 B 0 C 0 D 0 A IDA of Washington County VA 541324605 2009-12-30 5500000 Construction of Student Housing 0 0 0 B IDA of the Town of Saltville VA 541090126 2011-06-16 2500000 Construction of Athletic Field House 0 0 0 C IDA of the Town of Saltville VA 541090126 2011-12-16 7500000 Construction of Student Housing 0 0 0 A 688128 0 5500000 0 46868 0 41636 0 0 5411496 0 0 2010 0 0 1 1 B 350000 0 2500000 0 42699 0 77829 0 0 2379472 0 0 2012 0 0 1 1 C 730000 0 7500000 0 8507 0 108569 0 0 7382924 0 0 2012 0 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 0 1 0 1 0 0 0 0 C 0 0 1 0 1 0 0 0 0 A 0 B 0 C 0 X 21 124599 Market Quotes X 1 178085 Appraisal X Horses 3 235000 Appraisals X Science Equipment 1 58143 Market Value 3 0 1 1 Schedule M, Part I, Line 32b Real estate agents may be used for the sale of real estate. Form 990, Part III, Line 2 The next programs in the new School of Health Sciences were initiated: Occupational Therapy and Physician Assistants. A new marching band program was established. Project Ampersand was initiated which is a project-based learning environment in the core curriculum. Form 990, Part VI, Section B, Line 11b The completed Form 990 is reviewed by the President, the VP for Business & Finance, and members of the Audit Committee of the Board of Trustees prior to filing the return. Form 990, Part VI, Section B, Line 12c All Board members, the President, and the Vice Presidents of the College are required to complete a Conflict of Interest Questionnaire on an annual basis. The Questionnaire is designed to disclose any conflict of interest so that the Board can address the conflict directly and immediately. If, at any time during the fiscal year, a questionable relationship is identified, the Executive Committee of the Board will address it immediately. Form 990, Part VI, Section B, Line 15 The Board of Trustees Executive Committee has the responsibility of reviewing the salary and benefits of the President of the College on an annual basis. A performance evaluation is completed, and then reported to the full Board. The Executive Committee develops appropriate recommendations, based on the evaluation, for consideration by the full Board. Comparable data is compiled from peer institutions, and other standard college and university organizations and publications for purposes of determining appropriate levels of salary and benefits. The Human resources Manager compiles comparable information in regard to other officers of the College and the President makes adjustments, as appropriate, and as fiscally responsible budgets will allow. Form 990, Part VI, Section C, Line 19 The College makes its governing documents, conflict of interest policy, and copies of the Form 990 available to the public upon request. The Form 990 is also available for public inspection on a third-party website. Form 990, Part XI, Line 9 Other $3890