2015-02-05T16:02:02-07:00 2014-06-30 990 2013-07-01 540505892 EMORY & HENRY COLLEGE EMOR 2769446800 PO BOX 947 EMORY VA 24327 RICK GAUMER VP FOR BUSINESS & FINANCE 2769446966 2015-02-09 2013 2016-02-25 16:41:14Z JAKE B SCHRUM PO BOX 947 EMORY VA 24327 57859115 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. For the fifth year in a row, it was named to the President's Higher Education Community Service Honor Roll with Distinction which recognizes higher education institutions that reflect the values of exemplary community service and achieve meaningful outcomes in their communities. Newsweek magazine ranks the college among the top 5 most service-minded colleges. USA Today has ranked the institution among the top 20 in a similar category. Emory & Henry's record of teaching excellence continued with more outstanding faculty awards given by the State Council for Higher Education in Virginia and the Virginia Foundation of Independent Colleges. 36 35 783 150 0 0 8405966 17704426 32816743 34653512 4954821 5257404 0 46177530 57615342 13168597 15302728 0 13686783 14896800 0 0 786354 13628348 14390932 40483728 44590460 5693802 13024882 186521243 213042887 35596896 38943241 150924347 174099646 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 28006642 14967574 25722802 E&H College provided formal instruction and related academic support for nearly 900 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 approximately 70 full-time faculty members, with a student-faculty ration of 10:1, providing for personalized attention and small class enrollments. 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 additional foreign language offerings, the development of an environmental studies research field station and center for science communication, and further preparation for the initiation of the new School of Health Sciences. In addition, construction continued on the new visual and performing arts center where student accomplishments in the arts can be displayed. 5516227 8661578 Auxiliary services were provided to all students. Nearly 800 students were provided housing and meals. The Mercantile continued to provide books, art and school supplies, and essential grocery and health products to students for their convenience. The Mercantile was remodeled to provide improved access to products for students. 6048411 269132 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. Nearly 900 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 partnered with The Rensselearville Institute by establishing a branch on campus. The 50-year old organization trains community innovators to be "spark plugs" for change. The Outdoor Program expanded its programs with an Outdoor Adventures Program during the summer months. Student orientation programs continued to grow, along with additional intramural programs. The college also acquired a national award-winning competitive equestrian riding program. 0 0 0 39571280 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 78 0 1 783 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 Katherine Greer Andrew Board Member 1 0 X 0 0 0 Dr Douglas K Armbrister Board Member 1 0 X 0 0 0 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 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 Robert H Feagins 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 Member 1 0 X 0 0 0 John E Hammer III Board Member 1 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 Member 1 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 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 Member 1 0 X 0 0 0 Donna Proffit Vaughn Board Executive Committee 2 0 X 0 0 0 Major R Warner Jr Board Member 1 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 Rev M Beecher Dunsmore Board Member 1 0 X 0 0 0 Dirk Wilmoth VP for Business & Finance 40 0 X 106159 0 48567 Jake B Schrum President 40 0 X 122753 0 19489 Joseph Taylor VP for Advancement 40 0 X 165788 0 74345 David Haney VP for Academic Affairs 40 0 X 132725 0 47645 Rosalind Reichard President 40 0 X 185088 0 42708 David Hawsey VP for Enrollment 40 0 X 111806 0 67668 824319 0 300422 6 1 1 0 Sodexo Inc Affiliates PO Box 536922 Atlanta GA 30353 Food and Facility Services 3407999 Branch Associates Inc PO Box 40051 Roanoke VA 24022 Construction Services 939483 BurWil Contruction Inc PO Box 637 Bristol TN 37621 Construction Services 568833 HVAC Inc 101 3rd St Bristol TN 37620 HVAC Services 559030 Massey Electric Inc 546 Eastern Star Road Kingsport TN 37663 Electrical Services 312939 13 0 0 0 0 88040 17616386 12743773 17704426 Tuition and Fees 611310 25722802 25722802 0 0 Sales & Services for Educ Auxiliaries 611310 8661578 8661578 0 0 Sales & Services for Educ Other 611310 269132 269132 0 0 0 0 0 0 34653512 5261160 5261160 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 240017 0 243773 0 -3756 0 -3756 -3756 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57615342 39910916 0 0 0 0 15302728 15302728 0 0 0 0 533245 0 533245 0 0 0 0 0 11406330 9805425 1116794 484111 577001 493869 59684 23448 1568250 1241532 235865 90853 811974 701884 76636 33454 0 0 0 0 54260 0 54260 0 50928 0 50928 0 0 0 0 0 0 0 0 0 0 0 375702 206963 168739 0 125944 55388 70556 0 1247301 995675 164270 87356 464478 231549 215469 17460 0 0 0 0 5434255 5043986 390269 0 472163 394100 52341 25722 0 0 0 0 44261 8955 15004 20302 926594 826632 99962 0 0 0 0 0 3024394 2561115 463279 0 148000 148000 0 0 Memberships/Dues 169511 113404 54118 1989 Publications/Subscriptions 283921 239588 42674 1659 Athletic Programs 364932 364932 0 0 Presidential Transition 114327 0 114327 0 1089961 835555 254406 0 44590460 39571280 4232826 786354 6300 6300 12480263 13734859 3704859 2805469 1214504 1347752 0 0 0 0 1116285 1095655 332803 361076 255051 229747 128542675 37894101 72946803 90648574 67029239 72563218 19359008 24250311 2287809 2414262 0 0 5788319 3585664 186521243 213042887 1733554 3233440 936936 928225 1454507 1223580 28037083 30848938 0 0 0 0 750000 250000 0 0 2684816 2459058 35596896 38943241 X 43285231 43618498 60800101 81598267 46839015 48882881 150924347 174099646 186521243 213042887 X 13024882 10283424 0 0 0 -133007 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1571 1571 0 Schedule C, Part II-B, Line 1 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 12.83%. 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 66842675 313223 8368756 1982539 1936879 0 71605236 0.12 0.5 0.38 0 0 0 2496456 2496456 0 110376135 26123115 84253020 0 0 0 0 0 15171196 11417440 3753756 0 498888 353546 145342 90648574 0 0 Alternatives-Real Assets 8822948 F Alternatives-Hedge Funds 11725803 F Alternatives-Defensive Equity Fund 3701560 F 24250311 0 FMV of Interest Rate Swap Agreement 1447183 Annuity & Trust Obligations 956574 Amounts Held on Behalf of Others 55301 2459058 52798185 9825637 0 0 324780 10150417 42647768 0 14967574 14967574 57615342 29622886 0 0 0 0 0 29622886 0 14967574 14967574 44590460 Schedule D, Part V, Line 4 Schedule D, Part V, Line 4 - The endowment consists of approximately 400 individual funds, the majority of which support students directly through various scholarships. Approximately 60 of the funds provide support to various academic programs through professorships, program chairs, lectureships, faculty travel and research, and other program expenses. A few funds are restricted for other purposes and some are used to subsidize other programs and projects of the college. Schedule D, Part XI, Line 2d Schedule D, Part XI, Line 2d - Change in Funds Held in Trust by Others $261,579; Change in Fair Value of Swap Agreements $196,208; and Other $(133,007). Schedule D, Part XI, Line 4b Schedule D, Part XI, Line 4b - Financial Aid to Students $14,967,574. Schedule D, Part XII, Line 4b Schedule D, Part XIII, Line 4b - Financial Aid to Students $14,967,574. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 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 Schedule E, Part I, Line 6a - 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 were awarded to recipients to assist with the cost 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. 883 14967574 0 Book Value Grants to faculty and students to aid with research expenses, travel expenses, and supplies and equipment in various academic fields. 50 335154 0 Book Value Schedule I, Part I, Line 2 Part I, Line 2 - E&H 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 for research, etc. 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 Rosalind Reichard President 185088 0 0 0 0 0 0 0 42708 0 227796 0 0 0 Joseph Taylor VP for Advancement 165788 0 0 0 0 0 0 0 74345 0 240133 0 0 0 David Hawsey VP for Enrollment 111806 0 0 0 0 0 0 0 67668 0 179474 0 0 David Haney VP for Academic Affairs 132725 0 0 0 0 0 0 0 47645 0 180370 0 0 0 Dirk Wilmoth VP for Business & Finance 106159 0 0 0 0 0 0 0 48567 0 154726 0 0 0 Schedule J, Part I, Line 1a 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. 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 2860000 0 5200000 0 0 0 76568 0 0 5123432 0 0 2003 1 0 1 1 B 4750000 0 5000000 0 156064 0 55829 0 0 4788107 0 0 2006 0 0 1 1 C 1062500 0 2500000 0 50218 0 49805 0 0 2399977 0 0 2007 0 0 1 1 D 3750000 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 505263 0 5500000 0 46868 0 41636 0 0 5411496 0 0 2010 0 0 1 1 B 250000 0 2500000 0 42699 0 77829 0 0 2379472 0 0 2012 0 0 1 1 C 435000 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 24 243773 Market Quotes X 1 12500000 Independent Appraisal 1 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 Academic areas of expansion included additional foreign language offerings, the development of an environmental studies research field station and center for science communication, and further preparation for the initiation of the new School of Health Sciences. Construction continued on the new visual and performing arts center to exhibit student accomplishments in those areas. Form 990, Part VI, Section B, Line 11b Part VI, Section B, Line 11b - The completed Form 990 is reviewed by the President, VP for Business & Finance, and members of the Business Affairs/Audit Committee of the Board of Trustees prior to filing the return. Form 990, Part VI, Section B, Line 12c 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 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 and the President compile 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 Part VI, Section C, Line 19 - E&H College makes its governing documents, conflict of interest policy, and copies of the Form 990 available to the public upon request. The From 990 is also available for public inspection on a public website. Form 990, Part XI, Line 9 Changes in annuities, loan funds and reclassification of net assets $(133,007).