2013-02-15T08:56:43-07:00 2012-06-30 990 2011-07-01 540505892 EMORY & HENRY COLLEGE EMOR 2769446814 PO BOX 947 EMORY VA 243270947 DIRK WILMOTH 2769446814 2013-02-08 2011 2016-02-25 16:41:14Z ROSALIND REICHARD PO BOX 947 EMORY VA 24327 46259933 0 X www.ehc.edu X 1839 VA As a college recognized nationally as a place that changes lives and as a place committed to community engagement, Emory & Henry College celebrated both its 175 years of history and its promising future throughout the year. The College continued to be ranked among the top 35 liberal arts colleges in the nation. Emory & Henry College continued to be recognized as a College of Distinction for its exemplary commitment to student engagment, great teaching, vibrant communities, and successful outcomes. It also was recently named as one of "America's Best Kept College Secrets" and listed among the nation's top 25 safest colleges. 38 37 817 150 0 0 4332619 8405966 30296567 32816743 5115797 4954821 0 0 39744983 46177530 12536438 13168597 0 0 13127713 13686783 0 0 606155 11871586 13628348 37535737 40483728 2209246 5693802 171434517 173830786 27575150 31502985 143859367 142327801 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. Emory & Henry strives to provide the highest quality liberal arts education, combining tradition and innovation as it transforms lives and creates positive social change in our region, our nation, and our world. 1 0 25084682 13168597 24164579 Emory & Henry College provided formal instruction and related academic support for 864 full-time equivalent students toward the fulfillment of Bachelor of Science and Bachelor of Art degrees in over 50 fields of study. Student financial aid was provided to nearly every student through a variety of scholarships and grants, supporting the pursuit of degrees. Formal classroom insruction was provided by approximately 75 fulltime teaching faculty members, with a faculty-student ratio of approximately 1:11. To assist the instruction programs of the College and to support the academic success of all students, academic 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 quantatative labs were available to students on a ongoing basis. The academic programs continued to expand into the health sciences through the pursuit of a Doctor of Physical Therapy Program. International experiences for Emory & Henry students continued to increase as additional programs were added. Short-term and semester programs were made available in a wide variety of curriculums. National travel also continued to be an important part of many service-learning programs and general curriculums. 5270467 8196465 Auxiliary services were provided to all students. Over 700 students were provided housing and meals. Construction on a new co-ed dorm began during the year and is scheduled for completion very soon. The new facility will provide new housing to over 100 students. In addition, the dining facilities on campus were completely renovated and upgrades were made to the menu offerings for students. A new field house was constructed, providing better facilities for the football players and coaches, enhancing the football program of the college. This created additional space and enhanced faclilities for the other sports programs. The baseball facilities were improved significantly, as well. The Mercantile continued to provide books, art and school supplies, and essential grocery and health products to students for their convenience. 5374521 455699 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 890 students received some form of financial aid through various scholarships and grants, providing the opportunity to pursue degrees. Campus employment was made available to many students, providing financial resources and valuable work experience. Many community service opportunities were provided, including mission work and service through a Habitat for Humanity project. 0 0 0 35729670 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 1 1 1 0 0 1 84 0 1 817 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X X Dirk Wilmoth VP Bus and Finance 2769446814 30461 Garnand Dr Emory VA 243270947 Dr Eugene M Bane Jr 1 X 0 0 0 Bishop James E Swanson Sr 1 X 0 0 0 Dr Douglas K Armbrister 1 X 0 0 0 Robert H Feagins 1 X 0 0 0 Major R Warner Jr 1 X 0 0 0 F Winton Lackey 1 X 0 0 0 O Wayland Overstreet 1 X 0 0 0 Elizabeth Maiden Mahaffey 1 X 0 0 0 James H Brooks 1 X 0 0 0 John E Eldridge 1.75 X 0 0 0 Rev Eugene H Lovell Jr 1 X 0 0 0 Hal P McHorris 1 X 0 0 0 Katherine Greer Andrew 1 X 0 0 0 Paul A Powell Jr 1.75 X 0 0 0 Joseph F Ellis 1 X 0 0 0 Carolee J Bondurant 1 X 0 0 0 Jeoffrey B Bodenhorst 1.75 X 0 0 0 Thomas D McGlothlin 1 X 0 0 0 William B Pendleton 1.75 X 0 0 0 Donna Proffit Vaughn 1.75 X 0 0 0 Jane Hicks Harter 1 X 0 0 0 T Rick Hughes 1 X 0 0 0 Ann Grim Sparger 1 X 0 0 0 Robert Denny Tucker 1 X 0 0 0 Dr L Carole Wharton 1.75 X 0 0 0 Dr David E Mullins 1 X 0 0 0 Gary M Reedy 1.75 X 0 0 0 B Fielding Rolston 1.75 X 0 0 0 Paul N Hubble Jr 1 X 0 0 0 Dr Glenn H Burkitt Jr 1 X 0 0 0 Kyra Kegley Bishop 1 X 0 0 0 Arthur Theron Broady 1 X 0 0 0 James H Fern 1 X 0 0 0 John E Hammer III 1 X 0 0 0 Lynda Jones Hawkins 1 X 0 0 0 Rev Jonathan B Jonas 1 X 0 0 0 Rev Sandra J Johnson 1 X 0 0 0 Dr Rosalind Reichard 40 X 219579 0 60892 Dr Dirk Wilmoth 40 X 104517 0 59854 David Hawsey 40 X 109568 0 43221 433664 0 163967 3 0 1 0 Sodexo Inc & Affilifates PO BOX 536922 ATLANTA GA 303536922 Food Services, Project & Facilities Mgt Services 3135495 CICV Benefits Consortium Suntrust Bank Richmond VA 23219 Medical Insurance Contract 1279510 EIIA 200 S Wacker Ste 1000 Chicago IL 60606 Property and Liability Insurance 263380 WELLS Fargo Insurance Services Number 774125 Chicago IL 606774001 Student Insurance Services 255867 MBS Textbook Exchange Inc PO Box 637 Columbia MO 652050637 Text books 201254 9 0 0 0 0 99132 8306834 1339423 8405966 TUITION & FEES 611310 24164579 24164579 0 0 SALES/SERVICES FOR EDUC AUXILIARIES 611310 8196465 8196465 0 0 SALES/SERVICES FOR EDUC OTHER 611310 455699 455699 0 0 0 0 0 0 32816743 4955885 4955885 0 0 0 0 0 0 0 0 0 0 0 0 81339 0 82403 0 -1064 0 -1064 -1064 0 0 0 0 46177530 37771564 0 0 0 0 13168597 13168597 0 0 0 0 412269 0 412269 0 0 0 0 0 10657277 9294423 1017204 345650 421668 365130 41063 15475 1423787 1077510 309224 37053 771782 672584 73655 25543 0 0 0 0 7729 0 7729 0 51976 0 51976 0 0 0 0 0 0 0 0 0 167970 75084 92886 0 93898 37477 56421 0 1490224 1240920 147103 102201 496288 221210 255678 19400 0 0 0 0 4960273 4564277 395996 0 475762 424963 15464 35335 0 0 0 0 360064 260364 77916 21784 808734 690212 118522 0 0 0 0 0 2521115 2093927 427188 0 72542 72542 0 0 MEMBERSHIPS/DUES 185446 131332 51789 2325 PUBLICATIONS/SUBSCRIPTIONS 363833 310473 51971 1389 STAFF RECRUITMENT 360060 0 360060 0 ATHLETIC PROGRAMS 216414 216414 0 0 996020 812231 183789 0 40483728 35729670 4147903 606155 21946 13350 13745545 17390457 4327915 3305478 1089088 1175584 0 0 1140233 1106762 338339 378664 153014 148177 98594862 33752314 58257212 64842548 63398798 59332046 21276712 18349122 1964985 2136812 5720730 5651786 171434517 173830786 1357755 2473479 948990 941895 167805 148586 20615210 23288339 0 0 1750000 1250000 0 2735390 3400686 27575150 31502985 X 39464701 41111328 61450390 56462032 42944276 44754441 143859367 142327801 171434517 173830786 X 5693802 -7225368 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1337 1337 0 SchC_P2B_S00_L01 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 11.5%. 83775727 1860439 -1782563 0 3575178 0 80278425 71605236 949140 14835310 0 3613959 0 83775727 66842675 313223 8368756 0 3919418 0 71605236 84383239 1939474 -15544879 0 3935159 0 66842675 0.15 0.55 0.3 0 0 0 1865156 1865156 0 81313417 22205163 59108254 0 0 0 0 0 14954369 11364439 3589930 0 461920 182712 279208 64842548 Diversified Inflation Hedge 6802802 F Alternatives 11546320 F 18349122 0 Amouns Held on Behalf of Others 48348 Annuity Trust Obligations 1005150 FMV of Interest Rate Swap Agreements 2347188 3400686 46177530 40483728 5693802 -6355401 0 0 0 -869967 -7225368 -1531566 26156554 -6355401 0 0 -869967 -7225368 33381922 0 12795608 12795608 46177530 27688120 0 0 0 0 0 27688120 0 12795608 12795608 40483728 SchD_P05_S00_L04 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 program services for professorships, program chairs, lectureships, faculty travel and research, and other academic program expenses. A few funds are restricted for other purposes and some are used to subsidize various programs and projects of the College. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in Funds Held in Trust $164,824; Change in Fair Value of Swap Agreements $681,450; Other $23,693 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Change in Funds Held in Trust $164,824; Change in Fair Value of Swap Agreements $681,450; Other $23,693 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial Aid $12,795,608 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial Aid $12,795,608 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Emory & Henry 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 prgorams, and athletic and other school-administered programs. Emory & Henry College affirms the dignity and worth of every individual." SchE_P01_S00_L06 Schedule E, Part I, Line 6 Funds are received from the Virginia Department of Taxation for student financial aid under the Virginia Tuition Assistance Grant Program. Funds are also received under various Federal Student Financial Aid Programs, including Federal Work Study, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Federal Perkins Loans, Federal Direct Loans, and Teacher Education Assistance for College and Higher Education Programs. 1 Grants and Scholarships to students to assist with the cost of attendance at Emory & Henry College, while pursuing a variety of bachelor of arts and science degrees. The cost of attendance includes tuition, books, room, board, and other living expenses. 889 12795608 0 Book Value Grants to faculty and students to aid with research expenses, travel expenses, and supplies and equipment in various academic areas. 150 372989 Book Value SchI_P01_S00_L02 Schedule I, Part I, Line 2 Emory & Henry 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 for 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 Dr Rosalind Reichard 223833 0 0 0 0 0 0 0 56638 0 280471 0 280828 Dr Dirk Wilmoth 112433 0 0 0 0 0 0 0 51938 0 164371 0 163815 David Hawsey 115803 0 0 0 0 0 0 0 36986 0 152789 0 139874 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Housing is provided to the President of the College. The house is located on the campus, is furnished for the convenience of the College, and is a condition of employment. Housekeeping is provided at the residence in all pulbic areas, as it is used for entertainment and business activities of the College. IDA of the Town of Saltville VA 541090126 2003-08-26 5200000 Refinance 1993 Bonds 0 0 0 IDA of Washington County VA 521324605 2004-12-22 5000000 Campus Energy Savings Project 0 0 0 IDA of Washington County VA 541324605 2005-12-23 2500000 Construction of 2 Student Housing Units 0 0 0 IDA of Washington County VA 541324605 2006-12-22 10000000 Renovation of 2 Classroom & Admin Buildings 0 0 0 2340000 0 5200000 0 0 0 76568 0 0 5123432 0 0 2003 1 0 1 1 3250000 0 5000000 0 156064 0 55829 0 0 4788107 0 0 2006 0 0 1 1 812500 0 2500000 0 50218 0 49805 0 0 2399977 0 0 2007 0 0 1 1 2750000 0 10000000 0 659374 0 61146 0 0 9279480 0 0 2008 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 Bank of America 20 0 0 0 1 0 1 0 0 0 0 1 1 1 1 Bank of America 20 0 0 0 1 0 1 1 1 BB&T 20 0 0 0 1 0 IDA of Washington County VA 521324605 2009-12-30 5500000 Construction of Student Housing 0 0 0 IDA of the Town of Saltville VA 541090126 2011-06-16 2500000 Construction of Brooks Field House 0 0 0 IDA of the Town of Saltville VA 541090126 2011-12-16 7500000 Construction of Student Housing 0 0 0 293871 0 5500000 0 46868 0 41636 0 0 5411496 0 0 2010 0 0 1 1 0 0 2500000 0 42699 0 77829 0 0 1023047 0 1356425 2012 0 0 0 1 0 0 7500000 0 8507 0 108569 0 0 2358957 0 5023967 2012 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 1 X 1 10120 MARKET VALUE X 15 82403 MARKET QUOTES X 2 1246900 APPRAISAL 0 0 0 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Real estate agents are utilized in the sale of property. F990_P03_S00_L02 Form 990, Part III, Line 2 Progress continued on the develoment of the Doctor of Physical Therapy Program and the preparation of the facilities for its operation. The program was approved by the Southern Association of Colleges and Schools. To provide further support of the college's mission, athletic facilities were enhanced by constructing a new field house for utilization by the football program and signigicant upgrades were made to the baseball facility. A new dorm was constructed to provide over 100 students with improved housing. The dining facilities were completely renovated and significant changes were made to the menus to provide students with better dining experiences. Emory & Henry also sponsored a Habitat for Humanity House, as it continued to be engaged in its local community, serving local citizens in a positive way. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The completed Form 990 is reveiwed 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. F990_P06_S0B_L12c 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 arises, the Executive Cmmittee will address immediately. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Trustees Executive Committee conducts a review annually of the President's performance and reports the results to the Full Board. The Committee develops appropriate recommendations for consideration by the Full Board. Comparable data is compiled from Forms 990 and other standard college and university organizations and publications for purposes of determining appropriate levels of salaries and benefits. The Human Resource Manager and the President compile comparable information in regard to other officers of the College and the President makes adjustmets as appropriate, and as fiscally responsible budgets will allow. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Emory & Henry College makes its governing documents, conflict of interest policy, and copies of the completed Form 990 available to the public upon request. The Form 990 is also available for public inspection on a public website. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net Unrealized Losses on Investments $6,355,401; Change in Funds Held in Trust $164,824; Change in Fair Value of Swap Agreements $681,450; Other $23,693 Byars & Wiley LLC PO Box 947 Emory VA 24327 262421163 Rental Real Estate VA N/A Unrelated 33745 -1259962 0 1 0.9899 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 Byars & Wiley LLC i 697280 Contract Byars & Wiley LLC j 732144 Contract