2013-02-07T13:16:10-06:00 2012-06-30 560747981 DIXON HUGHES GOODMAN LLP 3700 FESTIVAL PARK PLAZA CHESTER VA 238314415 990 2011-07-01 540524516 VIRGINIA UNION UNIVERSITY VIRG 8042575600 1500 NORTH LOMBARDY STREET RICHMOND VA 23220 GREGORY E LEWIS 8042575600 2013-02-06 1 LESLIE ROBERTS P00040492 8044252600 2011 2016-02-25 16:41:14Z GREGORY E LEWIS 1500 NORTH LOMBARDY STREET RICHMOND VA 23220 37445067 0 X WWW.VUU.EDU X 1865 VA TO PROVIDE A NURTURING, INTELLECTUALLY CHALLENGING AND SPIRITUALLY ENRICHING ENVIRONMENT FOR LEARNING, EMPOWER STUDENTS TO DEVELOP STRONG MORAL VALUES, AND DEVELOP SCHOLARS, LEADERS AND LIFELONG LEARNERS. 20 20 956 0 0 0 6125641 6839706 22097298 29089635 1315994 1515726 5953948 0 35492881 37445067 3502152 4290079 0 0 16354265 15818277 0 0 0 15762808 14740784 35619225 34849140 -126344 2595927 61254709 66425344 12458387 12386116 48796322 54039228 TO PROVIDE A NURTURING, INTELLECTUALLY CHALLENGING, AND SPIRITUALLY ENRICHING ENVIRONMENT FOR LEARNING; EMPOWER STUDENTS TO DEVELOP STRONG MORAL VALUES; AND DEVELOP SCHOLARS, LEADERS, AND LIFELONG LEARNERS. 0 0 25384943 6839706 29709851 VIRGINIA UNION UNIVERSITY PROVIDES HIGHER EDUCATION OPPORTUNITIES TO STUDENTS ON A NON-DISCRIMINATORY BASIS. PROGRAM EXPENSES RELATE TO PROVIDING THIS EDUCATION. 25384943 1 1 0 0 0 1 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 88 0 1 956 1 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 X STEPHANIE M WHITE 8042575745 1500 NORTH LOMBARDY STREET RICHMOND VA 23220 DR CLAUDE G PERKINS 40.00 X X 305879 0 75718 DR W FRANKLYN RICHARDSON 2.00 X X 0 0 0 DR RENITA W RANDOLPH 2.00 X X 0 0 0 MRS SHIRLEY W VAUGHN 2.00 X X 0 0 0 MR STEVE D BULLOCK 2.00 X X 0 0 0 MR JOSEPH AMADO 2.00 X 0 0 0 MRS JEANNIE P BALILES 2.00 X 0 0 0 DR LUCILLE M BROWN 2.00 X 0 0 0 DR MARILYN T BROWN 2.00 X 0 0 0 MR ROBERT J BROWN 2.00 X 0 0 0 MR DALE CANNADY 2.00 X 0 0 0 MR TYRONE E DICKERSON CPA 2.00 X 0 0 0 MR PAUL D KOONCE 2.00 X 0 0 0 MR BENJAMIN J LAMBERT III 2.00 X 0 0 0 MR MICHAEL MCCRIMMON 2.00 X 0 0 0 DR ROLAND E MOORE 2.00 X 0 0 0 N SCOTT PHILLIPS ESQ 2.00 X 0 0 0 DR DARRELL K WHITE 2.00 X 0 0 0 DR FRANK L WILLIAMS III 2.00 X 0 0 0 DR JEREMIAH A WRIGHT JR 2.00 X 0 0 0 DR JOSEPH F JOHNSON 40.00 X 148763 0 13000 DR W FRANKLIN EVANS 40.00 X 129372 0 16259 MR GREGORY LEWIS 40.00 X 54520 0 2400 DR ANTHONY THOMPSON 40.00 X 121156 0 23887 DR JOY GOODRICH 40.00 X 107473 0 10969 DR JOHN KINNEY 40.00 X 101141 0 4979 MICHAEL L BAILEY 40.00 X 122951 0 4870 S DALLAS SIMMONS 0.00 X 109985 0 4133 1201240 0 156215 8 1 1 0 JAMES R WHITE DBA JFW GENERAL CONTRACTOR 13702 HALIFAX ROAD PETERSBURG VA 23805 GENERAL CONTRACTOR 667000 ERNST & YOUNG THE EDGEWORTH BUILDING SUITE 201 RICHMOND VA 23223 PROFESSIONAL 195775 RMT CONSTRUCTION & DEVELOPMENT GROUP PO BOX 8963 RICHMOND VA 23225 GENERAL CONTRACTOR 172000 3 3420789 3418917 6839706 TUITION AND FEES 611310 22750490 22750490 AUXILIARY SALES AND SE 611710 5779295 5779295 OTHER INCOME 711210 559850 559850 29089635 895510 895510 620216 0 620216 620216 620216 37445067 29709851 0 895510 4290079 4290079 1201240 365545 835695 12690770 9571238 3119532 309858 218662 91196 534879 388610 146269 1081530 789070 292460 32509 32509 23739 6625 17114 1414094 1060571 353523 523481 370172 153309 172008 172008 2265930 1699448 566482 339330 33933 305397 CONSULTING AND CONTRACT 4506150 3166310 1339840 OTHER 2481731 1313405 1168326 BAD DEBT 1071953 1071953 SUPPLIES 644335 471529 172806 1265524 567793 697731 34849140 25384943 9464197 0 8633157 7907909 2955650 292684 529177 2367502 2013643 682990 350368 425432 60994395 36716718 23434074 24277677 25291801 25311345 525616 927381 1753647 61254709 66425344 3182037 1125439 478983 356291 7146058 8088749 1651309 2815637 12458387 12386116 X 18081548 26867378 9957961 10501282 20756813 16670568 48796322 54039228 61254709 66425344 X 2595927 2646979 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 165 838336 1005929 18507108 1 1 37200 395110 X X 0 25979713 838336 -136075 1370629 25311345 22007848 496372 5187438 1711945 25979713 16157653 144682 5705513 22007848 18822293 221485 -2886125 16157653 0.27000 0.62700 0.10300 0 0 50264 547194 597458 43039605 23074055 19965550 17357332 13642663 3714669 24277677 ACCRUED PAYROLL LIABILITIES 1527157 CREDIT BALANCE ON STUDENT ACCOUNTS 522868 AMOUNTS HELD FOR OTHERS 27984 ADVANCES FROM GOVERNMENT FOR STUDENT LOANS 737628 2815637 37445067 34849140 2595927 -1554262 4201241 2646979 5242906 35890805 -1554262 -1554262 37445067 0 37445067 34849140 0 34849140 0 34849140 PART III, LINE 4: VIRGINIA UNION UNIVERSITY IS NOURISHED BY ITS AFRICAN AMERICAN HERITAGE AND ENERGIZED BY A COMMITMENT TO EXCELLENCE AND DIVERSITY. INCLUDED IN ITS MISSION IS THE GOAL TO DEVELOP LIFELONG LEARNERS OF A GLOBAL SOCIETY. TO ACCOMPLISH THIS MISSION, VUU OFFERS A BROAD RANGE OF EDUCATIONAL OPPORTUNITIES, INCLUDING THOSE AVAILABLE THROUGH THE VIRGINIA UNION UNIVERSITY MUSEUM GALLERIES. THE MUSEUM GALLERIES ARE NOT ONLY A KEEPER OF FINE ARTIFACTS, BUT SERVE TO EDUCATE FUTURE LEADERS ON THE CENTRAL IMPORTANCE OF THE ARTS. THE MUSEUM UTILIZES EXHIBITS TO FOSTER STUDENT AND COMMUNITY CULTURAL, INTELLECTUAL, AND SOCIAL GROWTH. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 165 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, AND INCLUDES BOTH DONOR RESTRICTED AND BOARD DIRECTED FUNDS. THE MAIN PURPOSE OF MOST FUNDS IS TO AWARD SCHOLARSHIPS TO DESERVING STUDENTS BASED ON A VARIETY OF CRITERIA, BUT SOME FUNDS MAY BE USED FOR PLANT IMPROVEMENTS AND OTHER INSTITUTIONAL SUPPORT. FIN 48 FOOTNOTE SCHEDULE D, PART X, LINE 2 THE ORGANIZATION DID NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WERE MATERIAL TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS STATED IN CATALOGUES, BROCHURES, WEB SITE AND OTHER LITERATURE DISTRIBUTED TO STUDENTS AND THE COMMUNITY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 DEPARTMENT OF EDUCATION. 1 INSTITUTIONAL GRANTS & SCHOLARSHIPS 680 3524141 OTHER GRANTS FUNDED THROUGH THE UNIVERSITY WITH OUTSIDE GRANTS 159 765930 PART 1, LINE 2 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS FINANCIAL AID OFFICES PERFORM MONTHLY RECONCILATIONS OF GRANT ACCOUNTS FROM THE UNIVERSITY'S GENERAL LEDGER SYSTEM TO THE FINANCIAL AID SYSTEM. EXTERNAL AUDITS ARE PERFORMED ANNUALLY. THE UNIVERSITY IS ALSO SUBJECT TO NUMEROUS OTHER REPORTING REQUIREMENTS THAT HELP ENSURE THE ACCURACY OF AWARDING AND MONITORING THE DISTRIBUTION OF GRANTS AND SCHOLARSHIPS ACCORDING TO CRITERIA ESTABLISHED BY THE VARIOUS FUNDS AS WELL AS FINANCIAL NEED. A SCHOLARSHIP COMMITTEE REVIEWS ALL REWARDS. X 1 1 X X 1 1 0 0 0 0 0 0 0 DR CLAUDE G PERKINS 305879 0 0 0 0 0 19250 0 56468 0 381597 0 0 0 DR JOSEPH F JOHNSON 148763 0 0 0 0 0 13000 0 0 0 161763 0 0 0 S DALLAS SIMMONS 109985 0 0 0 0 0 0 0 4133 0 114118 0 0 0 PART I, LINES 4A-B S. DALLAS SIMMONS, FORMER PRESIDENT, RECEIVED SEVERANCE PAYMENTS OF $109,985 X 1 37200 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 VIRGINIA UNION UNIVERSTIY 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCIAL AFFAIRS FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON A REQUEST TO THE FINANCIAL VICE PRESIDENT OF THE UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,554,262. PRIOR PERIOD ADJUSTMENTS: 4,201,241. TOTAL TO FORM 990, PART XI, LINE 5: 2,646,979. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. FORM 990, PART VI, QUESTION 19 THE DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. PRIOR PERIOD ADJUSTMENTS FORM 990, PART XI, OTHER CHANGES TO NET ASSETS NET PROPERTY AND EQUIPMENT INCREASED BY $3,373,784 DUE TO UNRECORDED FIXED ASSET ADDITIONS. PRIOR BENEFICIAL INTERESTS OF $827,457 IN PERPETUAL TRUSTS WERE UNRECORDED. TOTAL PRIOR PERIOD CHANGE TO NET ASSETS WAS $4,201,241. UNRESTRICTED NET ASSETS WERE INCREASED BY $7,7817,302, TEMPORARILY RESTRICTED ASSETS WERE INCREASED BY $926,019, AND PERMANENTLY RESTRICTED ASSETS WERE DECREASED BY $4,542,080. UNREALIZED GAINS/LOSSES FROM MARKETABLE SECURITIES FORM 990, PART XI, OTHER CHANGES TO NET ASSETS UNREALIZED GAINS/LOSSES FROM MARKETABLE SECURITIES MAKES UP THE DIFFERENCE IN OTHER CHANGES TO NET ASSETS. THIS AMOUNT IS DISCLOSED ON SCHEDULE D, PART XI