2026-02-10T09:25:14-05:00 2025-07-31 611129886 KELLEY GALLOWAY SMITH GOOLSBY PSC 1200 CORPORATE COURT PO BOX 990 ASHLAND KY 411050990 990 2024-08-01 610492351 ALICE LLOYD COLLEGE ALIC 6063682101 100 PURPOSE ROAD PIPPA PASSES KY 41844 JESSIE WILKS V.P. BUSINESS AFFAIR 6063686031 2026-02-06 true false LORI F DEARFIELD CPA P00846508 6063291811 2026-02-06 2024 2025-03-06 01:10:19Z JESSIE WILKS 53330028 false X WWW.ALC.EDU X 1922 KY THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. 23 23 287 208 0 15985045 26483653 10763316 11306701 3512362 6816722 -206614 -378606 30054109 44228470 2896156 2739572 0 8107956 8251468 0 1673931 10885862 13229959 21889974 24220999 8164135 20007471 166312674 192471009 4467256 3797915 161845418 188673094 X THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. false false 3680876 344092 INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAD AN ENROLLMENT OF 561 STUDENTS FOR THE 2023- 2024 ACADEMIC YEAR, COMPRISING 524 FULL-TIME AND 11 PART-TIME STUDENTS. FULL-TIME STUDENTS FROM THE COLLEGE'S 108-COUNTY SERVICE AREA-WHICH INCLUDES PARTS OF KENTUCKY, OHIO, TENNESSEE, VIRGINIA, AND WEST VIRGINIA- ARE GUARANTEED NO OUT-OF-POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY TEN WORK COLLEGES IN THE NATION THAT REQUIRES ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS GATTON-WINSTON SCHOLARS PROGRAM (FORMERLY KNOWN AS CANEY SCHOLARS). THIS YEAR, FIFTY-FOUR GATTON-WINSTON SCHOLARS ARE PURSUING DEGREES. FOR THE 2025-2026 ACADEMIC YEAR (THIRTY-SEVEN RETURNING SCHOLARS AND SEVENTEEN NEW SCHOLARS). THE TOP AREAS OF STUDY FOR OUR SCHOLARS ARE: 17 - PHARMACY, 9 - MEDICAL, 6 - PHYSICAL THERAPY, 3 - NURSING, COMMUNICATION, AND LAW, 2 - DENTISTRY, PHYSICIAN ASSISTANT, OPTOMETRY, AND OCCUPATIONAL THERAPY, AS WELL AS 1 - BIOMEDICAL STUDIES, ENGINEERING, CHEMISTRY, ENGLISH AND CHIROPRACTIC. OVER THE COURSE OF THE YEAR TWENTY- FOUR GATTON-WINSTON SCHOLARS WILL BE RESIDING AT GATTON-WINSTON HALL, OTHERWISE KNOWN AS THE CANEY COTTAGE IN LEXINGTON, KENTUCKY. THIRTEEN SCHOLARS COMPLETED THEIR PROGRAMS OF STUDY DURING THE 2024-2025 ACADEMIC YEAR. ALICE LLOYD COLLEGE PROVIDED SIGNIFICANT FINANCIAL SUPPORT TO ITS STUDENTS DURING THE 2024-2025 FISCAL YEAR, DISTRIBUTING 2,896,156 IN INSTITUTIONAL LEADERSHIP GRANTS AND 309,511 IN INSTITUTIONAL STUDENT WORK GRANTS. THESE INITIATIVES UNDERSCORE THE COLLEGE'S COMMITMENT TO MAKING HIGHER EDUCATION ACCESSIBLE AND AFFORDABLE FOR ITS STUDENTS. IN MAY 2025, THE COLLEGE CELEBRATED THE GRADUATION OF 91 STUDENTS. OF THESE GRADUATES, 41 PERCENT COMPLETED THEIR EDUCATION WITHOUT INCURRING ANY STUDENT LOAN DEBT, WHILE THE REMAINING 59 PERCENT GRADUATED WITH AN AVERAGE DEBT OF 9,357-A TESTAMENT TO THE COLLEGE'S EFFORTS TO MINIMIZE FINANCIAL BURDENS. FURTHERMORE, RESEARCH CONDUCTED BY THE OFFICE OF ALUMNI RELATIONS INDICATES THAT APPROXIMATELY 80 PERCENT OF ALICE LLOYD COLLEGE GRADUATES GO ON TO SERVE THE APPALACHIAN REGION, REFLECTING THE INSTITUTION'S MISSION TO PRODUCE LEADERS DEDICATED TO UPLIFTING THEIR COMMUNITIES. 3369497 210444 AUXILIARY ALICE LLOYD COLLEGE'S AUXILIARY SERVICES ENCOMPASS HOUSING, THE MEAL PLAN, THE CAMPUS BOOKSTORE, CONCESSIONS, AND THE CAF. THE CAMPUS HAS A HOUSING CAPACITY FOR 650 STUDENTS, WITH 500 STUDENTS LIVING IN DORMS DURING FALL 2024. IN SPRING 2023, THE COLLEGE DISCONTINUED ITS CONTRACT WITH AN ONLINE BOOK RETAILER TO TRANSITION TO OPEN EDUCATIONAL RESOURCES (OER). OER OFFERS FREE AND ACCESSIBLE TEACHING, LEARNING, AND RESEARCH MATERIALS IN THE PUBLIC DOMAIN OR UNDER LICENSES THAT ALLOW USE AND ADAPTATION, HELPING TO KEEP COSTS MINIMAL FOR STUDENTS. TO FURTHER SUPPORT THIS INITIATIVE, THE COLLEGE ALLOCATED 100,000, APPROVED BY THE BOARD OF DIRECTORS IN FALL 2023, TO PURCHASE TEXTBOOKS FOR COURSES WHERE OER OPTIONS ARE UNAVAILABLE. THE JUNE BUCHANAN SCHOOL (JBS) REPORTED AN ENROLLMENT OF 118 STUDENTS FOR FALL 2025, WITH 32 OF THESE STUDENTS ENROLLED IN ALICE LLOYD COLLEGE COURSES FOR THE SEMESTER. THROUGH THE CANEY HONORS ACHIEVEMENT PROGRAM (CHAP), JBS STUDENTS HAVE THE OPPORTUNITY TO CHALLENGE THEMSELVES ACADEMICALLY BY EARNING COLLEGE CREDITS WHILE STILL IN HIGH SCHOOL. THIS PROGRAM ENHANCES THEIR LEARNING EXPERIENCE AND HELPS THEM PREPARE FOR HIGHER EDUCATION. 3236096 384435 STUDENT SERVICES ALICE LLOYD COLLEGE OFFERS A WIDE RANGE OF STUDENT SERVICES DESIGNED TO ENHANCE THE STUDENT EXPERIENCE AND SUPPORT PERSONAL AND ACADEMIC GROWTH. THESE PROGRAMS INCLUDE LEADERSHIP DEVELOPMENT, EDUCATION, ATHLETICS, INTRAMURAL SPORTS, COUNSELING, CAREER PLACEMENT, AND A STUDENT ACTIVITIES BOARD THAT ORGANIZES A COMPREHENSIVE ACTIVITY CALENDAR EACH SEMESTER. ADDITIONALLY, THE COLLEGE PROVIDES DINING AND DORMITORY FACILITIES TO SUPPORT CAMPUS LIFE. THE FIRST-YEAR FOUNDATIONS PROGRAM ASSISTS STUDENTS IN TRANSITIONING FROM HIGH SCHOOL TO COLLEGE, WHILE THE CONVOCATION SERIES ENRICHES THEIR EDUCATIONAL JOURNEY THROUGH GUEST LECTURES AND CULTURAL EVENTS. THE COLLEGE ALSO MAINTAINS A CAMPUS POLICE DEPARTMENT TO ENSURE SAFETY AND SECURITY, ALONG WITH ORIENTATIONS IN THE SUMMER AND FALL TO HELP STUDENTS ACCLIMATE TO COLLEGE LIFE. TOGETHER, THESE SERVICES REFLECT THE COLLEGE'S COMMITMENT TO FOSTERING A WELL-ROUNDED, SUPPORTIVE, AND ENGAGING ENVIRONMENT FOR ITS STUDENTS. CONSTRUCTION PROJECTS/CAMPUS IMPROVEMENTS SINCE THE BEGINNING OF 2023, ALICE LLOYD COLLEGE HAS COMPLETED SEVERAL SIGNIFICANT CAPITAL PROJECTS, ENHANCING CAMPUS INFRASTRUCTURE AND FOSTERING A BETTER ENVIRONMENT FOR STUDENTS AND THE COMMUNITY-ALL ACHIEVED WITHOUT INCURRING ANY DEBT. AMONG THESE PROJECTS IS THE COMPLETION OF HOLMES HALL, THE SECOND AND FINAL WOMEN'S RESIDENCE HALL ON CAMPUS, WHICH PROVIDES MODERN AND COMFORTABLE ACCOMMODATIONS FOR FEMALE STUDENTS. THIS MILESTONE REPRESENTS A KEY ACHIEVEMENT IN THE COLLEGE'S RESIDENTIAL EXPANSION PLAN, WITH THE TOTAL COST FOR THE WOMEN'S RESIDENCE HALLS AMOUNTING TO 19 MILLION. ADDITIONALLY, THE COLLEGE COMPLETED THE CHAPEL BELL TOWER, A STUNNING ARCHITECTURAL CENTERPIECE THAT SYMBOLIZES THE COLLEGE'S VALUES AND TRADITIONS WHILE ENHANCING THE CAMPUS'S SPIRITUAL AND COMMUNAL ATMOSPHERE. THIS PROJECT WAS COMPLETED AT A COST OF 1.3 MILLION. IN RESPONSE TO THE CATASTROPHIC FLOOD OF 2022, THE COLLEGE ALSO UNDERTOOK A COMPREHENSIVE 8 MILLION STREAM MITIGATION PROJECT TO RESTORE AND STRENGTHEN THE AFFECTED AREAS. THIS INITIATIVE INVOLVED CONSTRUCTING RETAINING WALLS, INSTALLING SAFETY FENCING, AND LAYING NEW ASPHALT TO REPAIR PATHWAYS AND ROADWAYS DAMAGED BY THE FLOOD. THE PROJECT NOT ONLY RESTORED THE CAMPUS BUT ALSO IMPROVED ITS RESILIENCE AGAINST FUTURE ENVIRONMENTAL CHALLENGES. THESE PROJECTS, TOTALING 28.3 MILLION, SHOWCASE ALICE LLOYD COLLEGE'S COMMITMENT TO PROVIDING A SAFE, INSPIRING, AND HIGH- QUALITY ENVIRONMENT FOR ITS STUDENTS AND THE WIDER COMMUNITY, WHILE MAINTAINING ITS LONGSTANDING TRADITION OF FISCAL RESPONSIBILITY. OVER THE PAST YEAR, THE COLLEGE HAS CONTINUED MAKING SIGNIFICANT UPGRADES TO BOTH HOWARD HALL AND BERGER HALL, FOCUSING ON IMPROVING STUDENT SAFETY, FUNCTIONALITY, AND LONG-TERM ASSET PRESERVATION. THE PROJECT HAS INCLUDED TARGETED UPGRADES TO THE BUILDING ENVELOPE, EXTERIOR FINISHES, AND RELATED STRUCTURAL COMPONENTS, ADDRESSING DEFERRED MAINTENANCE ISSUES AND ENHANCING THE OVERALL DURABILITY OF THE FACILITIES. THESE IMPROVEMENTS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SAFE, WELL-MAINTAINED RESIDENTIAL HOUSING FOR STUDENTS WHILE EXTENDING THE USEFUL LIFE OF CAMPUS INFRASTRUCTURE AND REDUCING FUTURE MAINTENANCE NEEDS. THROUGHOUT THE FISCAL YEAR, APPROXIMATELY 1.7 MILLION WAS INVESTED IN THESE IMPROVEMENTS, WITH TOTAL BUILDING RENOVATIONS PROJECTED TO REACH APPROXIMATELY 3 MILLION UPON COMPLETION IN FISCAL YEAR 2026-2027. COMMUNITY SERVICE PROJECTS ALICE LLOYD COLLEGE'S CAMPUS MINISTRY, ACADEMIC FRATERNITY PHI BETA LAMBDA (PBL), ATHLETICS, AND STUDENT SERVICES COLLABORATED THROUGHOUT THE YEAR TO ADDRESS COMMUNITY NEEDS AND PROVIDE IMPACTFUL OUTREACH. PHI BETA LAMBDA SIGNIFICANTLY EXPANDED ITS "SACK PACK" PROGRAM, INCREASING THE NUMBER OF WEEKLY FOOD DELIVERIES TO LOCAL NEEDY ELEMENTARY STUDENTS FROM 30 TO 60. ADDITIONALLY, PBL BEGAN SUPPORTING A SECOND SCHOOL, ENSURING EVEN MORE CHILDREN RECEIVED NECESSARY RESOURCES. DURING THE 2024-2025 ACADEMIC YEAR, FBLA COLLEGIATE ACTIVELY ENGAGED IN SEVERAL IMPACTFUL COMMUNITY SERVICE PROJECTS. FROM AUGUST 2024 TO MAY 2025, THE ORGANIZATION SUSTAINED ITS POWER UP WITH NUTRITION PROGRAM, DONATING 60 BAGS OF FOOD WEEKLY TO SUPPORT LOCAL NEEDY ELEMENTARY STUDENTS. THE CONTINUATION OF THIS VITAL INITIATIVE WAS MADE POSSIBLE BY SECURING A DONOR. ALL TEN FBLA MEMBERS PARTICIPATED IN THE PROGRAM. IN OCTOBER 2024, FBLA HOSTED A BREAST CANCER AWARENESS CAMPAIGN, DURING WHICH STUDENTS DONATED MONEY TO WEAR JEANS TO A CONVOCATION PROGRAM. THE CAMPAIGN SUCCESSFULLY RAISED 308.97 FOR THE AMERICAN CANCER SOCIETY. BEYOND THESE INITIATIVES, THE COLLEGE COMMUNITY ACTIVELY ENGAGED IN OTHER SERVICE PROJECTS, INCLUDING HOSTING BLOOD DRIVES AND PARTICIPATING IN ANIMAL SHELTER CLEANUP EFFORTS. THESE ACTIVITIES EXEMPLIFY ALICE LLOYD COLLEGE'S COMMITMENT TO SERVING THE COMMUNITY AND FOSTERING A CULTURE OF CIVIC RESPONSIBILITY AND COMPASSION AMONG ITS STUDENTS. ALICE LLOYD COLLEGE'S CAMPUS MINISTRIES CONTINUES TO UPHOLD THE INSTITUTION'S CHRISTIAN-BASED PHILOSOPHY, EMPHASIZING THE PROMOTION OF CHRISTIAN PRINCIPLES AND VALUES. OPEN TO ALL DENOMINATIONS, CAMPUS MINISTRIES OFFERS AN ACTIVE STUDENT MINISTRY PROGRAM THAT FOSTERS SPIRITUAL GROWTH AND COMMUNITY ENGAGEMENT. THROUGHOUT THE YEAR, THE MINISTRY UNDERTOOK SEVERAL OUTREACH INITIATIVES, INCLUDING PERIODIC VISITS TO LOCAL NURSING HOMES. DURING THESE VISITS, STUDENTS ENGAGED WITH RESIDENTS THROUGH ACTIVITIES SUCH AS BINGO, BIBLE TRIVIA GAMES, AND SINGING. ADDITIONALLY, THEY DISTRIBUTED CROSSWORD PUZZLES, WORD SEARCHES, AND MAGAZINES TO PROVIDE ENTERTAINMENT AND COMPANIONSHIP. ALICE LLOYD COLLEGE HAS A LONG-STANDING TRADITION OF SUPPORTING OPERATION CHRISTMAS CHILD (OCC), THE INTERNATIONAL SHOEBOX MINISTRY RUN BY SAMARITAN'S PURSE THAT DELIVERS GIFT-FILLED SHOEBOXES TO CHILDREN AROUND THE WORLD TO SHARE JOY AND THE MESSAGE OF THE GOSPEL. AT THE COLLEGE, THE CRUSADERS IN ACTION AND OTHER STUDENT GROUPS PARTNER COLLECT AND FILL HUNDREDS OF SHOEBOXES EACH YEAR WITH TOYS, SCHOOL SUPPLIES, HYGIENE ITEMS, AND OTHER SMALL GIFTS FOR CHILDREN IN NEED. ALICE LLOYD COLLEGE SERVES AS AN OFFICIAL OCC DROP-OFF SITE DURING THE ANNUAL COLLECTION SEASON, WELCOMING DONORS WHO BRING THEIR PACKED SHOEBOXES AND HELPING TO GATHER, COUNT, AND PREPARE THEM FOR SHIPMENT TO PROCESSING CENTERS AS PART OF THE NATIONWIDE EFFORT. THROUGH THIS ROLE-BOTH AS A DROP-OFF LOCATION AND A HUB FOR PACKING EFFORTS-ALC DEMONSTRATES A STRONG COMMITMENT TO SERVICE AND OUTREACH WHILE GIVING STUDENTS AND COMMUNITY MEMBERS A HANDS-ON WAY TO PARTICIPATE IN A MINISTRY THAT REACHES CHILDREN GLOBALLY. WORK-STUDY COMPLETED 43,039 WORK HOURS IN AREAS DESIGNATED COMMUNITY SERVICE POSITIONS. 33,774 HOURS WERE DESIGNATED WORK COLLEGE WORK-STUDY AND FEDERAL WORK-STUDY, WHILE 9,265 HOURS WERE PAID WITH INSTITUTIONAL DOLLARS. COMMUNITY SERVICE JOBS INCLUDE THE JUNE BUCHANAN SCHOOL, THE CHILD DEVELOPMENT CENTER, THE LIBRARY, THE CRAFT SHOP & CHRISTMAS PRETTIES PROGRAM, MARKETING, BOTH THE HUNGER DIN AND MISS IRMA'S CAF, AS WELL AS TALON'S TREATS. WE ARE ALSO REQUIRED TO EMPLOY STUDENTS AS READING AND MATH TUTORS AND THOSE STUDENTS COMPLETED 1,257 HOURS IN THOSE AREAS. 9489729 3077258 ACADEMIC EXPENSES 5,361,270. INCLUDING GRANTS OF 79,741. REVENUE 0. JUNE BUCHANAN EXPENSES 1,252,717. INCLUDING GRANTS OF 56,429. REVENUE 0. STUDENT AID EXPENSES 2,739,572, INCLUDING GRANTS OF 2,739,572. REVENUE 0. 9489729 3077258 19776198 true true false true false false false false false true true true false false true false true false true false false false false false false false false false true true false false false false false true true false true false false false false false false false false true 849 0 true 287 true false false false false false false false false false false false false false false X 23 23 true false false false false false false true true false false false true true true false true true true false KY X JESSIE WILKS ALICE LLOYD COLLEGE 6063686031 100 PURPOSE ROAD PIPPA PASSES KY 41844 JIM STEPP PRESIDENT 70.00 X 192000 0 12406 JESSIE WILKS V.P. BUSINES 50.00 X 92824 0 48975 JOE STEPP CHANCELLOR 70.00 X 103846 0 27000 JAMES AYERS MEMBER X 0 0 0 DWIGHT J BAUM MEMBER X 0 0 0 ROBERT DUNCAN CHAIRMAN X X 0 0 0 DR JERRY DAVIS MEMBER X 0 0 0 JERRY L EDWARDS MEMBER X 0 0 0 JULIE DAVIS HOPKINS MEMBER X 0 0 0 CHARLES HUGHES MEMBER X 0 0 0 GEORGE NICHOLS III MEMBER X 0 0 0 WILLIAM J REIK JR MEMBER X 0 0 0 KIMBERLY JONES MEMBER X 0 0 0 HILDA G LEGG-POTTER MEMBER X 0 0 0 LARRY M LESLIE MD SECRETARY/TR X X 0 0 0 RACHEL D MULLINAX MEMBER X 0 0 0 STEVEN NEIL MIDDLETON MEMBER X 0 0 0 BEN PARK MEMBER X 0 0 0 KAREN R SELLERS MEMBER X 0 0 0 ROBERT W FINLEY SR MEMBER X 0 0 0 KEVIN SMITH MEMBER X 0 0 0 PAUL THORNSBERRY MEMBER X 0 0 0 JANNA P VICE MEMBER X 0 0 0 HENRY WEBB MEMBER X 0 0 0 DR ANTHONY YONTS VICE CHARIMA X X 0 0 0 388670 88381 3 false true false RISING SUN 2555 PALUMBO DRIVE STE 10 LEXINGTON KY 40509 CONTRACTING 4892665 PIONEER COLLEGE CATERERS INC 25055 W VALLEY PKWY SUITE 120 OLATHE KS 66061 FOOD SERVICE 1079872 C&T BUILDERS 440 GOBLE BRANCH PRESTONSBURG KY 41653 CONTRACTING 420260 JRA 301 EAST VINE STREET LEXINGTON KY 40507 CONTRACTING 316175 CODELL 4475 ROCKWELL ROAD WINCHESTER KY 40391 CONTRACTING 267088 11 1218203 25265450 778729 26483653 STUDENT TUITION & FEES 7074527 7074527 ROOM & BOARD 3789453 3789453 JUNE BUCHANAN SCHOOL 300923 300923 FAC./STAFF HOUSING 86912 86912 PRE-SCHOOL TUITION 54886 54886 11306701 4634975 4634975 11000973 8819226 2181747 2181747 2181747 92963 282332 -189369 -189369 CHANGE IN DISCOUNT & ALLOWANC 449818 449818 OTHER AUXILIARY INCOME 26010 26010 OTHER INCOME -320447 -320447 -344618 -344618 -189237 44228470 13109842 4634975 2739572 2739572 602739 245494 165245 192000 5811294 4763006 812960 235328 1837435 1400661 312495 124279 23765 23765 298749 125898 172851 90021 90021 1444097 339900 69009 1035188 7783 6785 998 337624 337624 220462 122401 63811 34250 4485467 4417953 38499 29015 569399 569399 OPERATION AND MAINTENANCE 1745294 1719024 14980 11290 OTHER 1366408 944538 409289 12581 FOOD COSTS 1000810 1000810 TELEPHONE 827272 799724 27548 812808 812808 24220999 19776198 2770870 1673931 10585769 13145281 5550182 27393 49067 236449 373664 112033483 44217245 66445844 67816238 87663268 103545373 1353951 1991204 166312674 192471009 3395394 2416297 39830 34683 1032032 1346935 4467256 3797915 X 122234123 135536825 39611295 53136269 161845418 188673094 166312674 192471009 X 20007471 6945790 -125585 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 5456 5456 false SCHEDULE C, PART I-A, LINE 1 GENERAL LOBBYING OF THE US CONGRESS WAS IN SUPPORT OF EDUCATION RELATED TO APPROPRIATIONS AND CONDUCTED THROUGH THE WORK COLLEGE CONSORTIUM LOBBYING SERVICES PROVIDED BY ARENT FOX, LLC OF WHICH ALICE LLOYD COLLEGE'S PORTION WAS 5,455.79. 70415927 10816482 9250005 88482414 60561039 1204710 10153178 70415927 57103324 2129770 6081548 2206603 60558039 59864522 3953370 -3818580 895988 57103324 47589491 1192544 1948993 866506 59864522 0.43940 0.56060 false false 1571095 1571095 93152926 30696645 62456281 16074258 13520600 2553658 1235204 1235204 67816238 OTHER SECURITIES 103545373 F 103545373 ANNUITY ADVANCES 1346935 1346935 44510802 282332 282332 44228470 44228470 24503331 282332 282332 24220999 24220999 SCHEDULE D, PAGE 2, PART V, LINE 4 ALICE LLOYD COLLEGE PROVIDES A LIBERAL ARTS EDUCATION TO STUDENTS FROM A 108 COUNTY AREA IN APPALACHIA. A MAJORITY OF STUDENTS ATTENDING ALICE LLOYD COLLEGE ARE FIRST GENERATION STUDENTS WITH LIMITED RESOURCES TO ATTEND INSTITUTIONS OF HIGHER EDUCATION. ALICE LLOYD COLLEGE DEPENDS UPON DONATIONS AND THE ENDOWMENT TO HELP STUDENTS FINANCIALLY THROUGH THE COLLEGE LEADERSHIP SCHOLARSHIP. STUDENTS ATTENDING ALICE LLOYD COLLEGE FROM THE 108 COUNTY AREA IN APPALACHIA PAY 0 TUITION. THE COLLEGE ENDOWMENT IS PREDOMINANTLY USED TO FUND ALICE LLOYD COLLEGE'S LEADERSHIP AND OTHER SCHOLARSHIPS WHICH TOTALED IN EXCESS OF 2.7 MILLION IN FISCAL YEAR 2024-2025 AND WAS APPLIED TOWARDS THE COST OF TUITION. THE ENDOWMENT ALLOWS ALICE LLOYD COLLEGE TO ASSIST STUDENTS IN MAINTAINING A LOW GRADUATION DEBT. THE LAST SEVERAL YEARS ALICE LLOYD COLLEGE HAS RANKED AT OR NEAR THE TOP NATIONALLY IN LOW STUDENT DEBT. SCHEDULE D, PAGE 4, PART XI, LINE 2D BOOKSTORE COST OF GOODS SOLD 282,332 SCHEDULE D, PAGE 4, PART XII, LINE 2D BOOKSTORE COST OF GOODS SOLD 282,332 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 COLLEGE CATALOG; PUBLISHED IN AREA NEWSPAPERS, RADIO AND TELEVISION ADVERTISEMENT; POLICIES ARE ALSO PUBLISHED AT SUMMER ORIENTATION FOR STUDENTS AND FAMILIES. SCHEDULE E, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FOR ITS STUDENTS UNDER TITLE IV FINANCIAL AID PROGRAMS: PELL, FCWS, SEOG, AND STUDENT LOANS. THE COLLEGE ADHERES TO ALL POLICIES AND PROCEDURES FOR THE RECORDING AND DISBURSEMENT OF SUCH FUNDS. false SCHOLARSHIP/STUDENT AID 595 2739572 SCHEDULE I, PAGE 1, PART I, LINE 2 STUDENT FINANCIAL AID PROCEDURES TYPICALLY FOLLOWED BY COLLEGES IN THE UNITED STATES USING FAFSA AND THE COLLEGE'S FINANCIAL AID APPLICATION CRITERIA. FEDERAL GRANTS ARE SUBJECT TO THE SINGLE AUDIT ACT OF THE UNITED STATES. SCHEDULE I, PAGE 4, PART IV SCHEDULE I, PART III- SCHOLARSHIPS/STUDENT AID GRANTS - INCLUDES PRIMARILY ROOM AND BOARD, BOOKS AND SUPPLIES ASSISTANCE. THE AMOUNT OF TUITION SCHOLARSHIPS/STUDENT AID FOR THE YEAR WAS 2,739,572. X X true true X false false false false false false false false false JIM STEPP PRESIDENT 192000 12406 204406 ROBERT FINLEY- OPPENHEIMER BOARD MEMBER ROBERT FINLEY false JAMES O STEPP PRESIDENT JAMES O. STEPP false SCHEDULE L, PART V PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ROBERT FINLEY - OPPENHEIMER & COMPANY (D) DESCRIPTION OF TRANSACTION: ROBERT FINLEY IS A PAID BROKER/INVESTMENT ADVISOR FOR THE COLLEGE THROUGH OPPENHEIMER & COMPANY. ROBERT FINLEY, BOARD MEMBER, IS AN EMPLOYEE OF OPPENHEIMER & COMPANY WHO HANDLES THE COLLEGE'S INVESTMENTS. (A) NAME OF PERSON: JAMES O. STEPP (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: PRESIDENT (D) DESCRIPTION OF TRANSACTION: JAMES O. STEPP RECEIVES TAXABLE COMPENSATION FROM THE COLLEGE AS THE EXECUTIVE VICE PRESIDENT AND HAS BEEN EMPLOYED WITH THE COLLEGE SINCE 1985 AND IS THE BROTHER TO THE CHANCELLOR, JOE A. STEPP. W-2 WAGES FOR 2024 WERE 192,000. X 18 NYSE AND NASDAQ X 12 778729 false false false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. FORM 990, PAGE 2, PART III, LINE 4A INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAD AN ENROLLMENT OF 561 STUDENTS FOR THE 2023- 2024 ACADEMIC YEAR, COMPRISING 524 FULL-TIME AND 11 PART-TIME STUDENTS. FULL-TIME STUDENTS FROM THE COLLEGE'S 108-COUNTY SERVICE AREA-WHICH INCLUDES PARTS OF KENTUCKY, OHIO, TENNESSEE, VIRGINIA, AND WEST VIRGINIA- ARE GUARANTEED NO OUT-OF-POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY TEN WORK COLLEGES IN THE NATION THAT REQUIRES ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS GATTON-WINSTON SCHOLARS PROGRAM (FORMERLY KNOWN AS CANEY SCHOLARS). THIS YEAR, FIFTY-FOUR GATTON-WINSTON SCHOLARS ARE PURSUING DEGREES. FOR THE 2025-2026 ACADEMIC YEAR (THIRTY-SEVEN RETURNING SCHOLARS AND SEVENTEEN NEW SCHOLARS). THE TOP AREAS OF STUDY FOR OUR SCHOLARS ARE: 17 - PHARMACY, 9 - MEDICAL, 6 - PHYSICAL THERAPY, 3 - NURSING, COMMUNICATION, AND LAW, 2 - DENTISTRY, PHYSICIAN ASSISTANT, OPTOMETRY, AND OCCUPATIONAL THERAPY, AS WELL AS 1 - BIOMEDICAL STUDIES, ENGINEERING, CHEMISTRY, ENGLISH AND CHIROPRACTIC. OVER THE COURSE OF THE YEAR TWENTY- FOUR GATTON-WINSTON SCHOLARS WILL BE RESIDING AT GATTON-WINSTON HALL, OTHERWISE KNOWN AS THE CANEY COTTAGE IN LEXINGTON, KENTUCKY. THIRTEEN SCHOLARS COMPLETED THEIR PROGRAMS OF STUDY DURING THE 2024-2025 ACADEMIC YEAR. ALICE LLOYD COLLEGE PROVIDED SIGNIFICANT FINANCIAL SUPPORT TO ITS STUDENTS DURING THE 2024-2025 FISCAL YEAR, DISTRIBUTING 2,896,156 IN INSTITUTIONAL LEADERSHIP GRANTS AND 309,511 IN INSTITUTIONAL STUDENT WORK GRANTS. THESE INITIATIVES UNDERSCORE THE COLLEGE'S COMMITMENT TO MAKING HIGHER EDUCATION ACCESSIBLE AND AFFORDABLE FOR ITS STUDENTS. IN MAY 2025, THE COLLEGE CELEBRATED THE GRADUATION OF 91 STUDENTS. OF THESE GRADUATES, 41 PERCENT COMPLETED THEIR EDUCATION WITHOUT INCURRING ANY STUDENT LOAN DEBT, WHILE THE REMAINING 59 PERCENT GRADUATED WITH AN AVERAGE DEBT OF 9,357-A TESTAMENT TO THE COLLEGE'S EFFORTS TO MINIMIZE FINANCIAL BURDENS. FURTHERMORE, RESEARCH CONDUCTED BY THE OFFICE OF ALUMNI RELATIONS INDICATES THAT APPROXIMATELY 80 PERCENT OF ALICE LLOYD COLLEGE GRADUATES GO ON TO SERVE THE APPALACHIAN REGION, REFLECTING THE INSTITUTION'S MISSION TO PRODUCE LEADERS DEDICATED TO UPLIFTING THEIR COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4B AUXILIARY ALICE LLOYD COLLEGE'S AUXILIARY SERVICES ENCOMPASS HOUSING, THE MEAL PLAN, THE CAMPUS BOOKSTORE, CONCESSIONS, AND THE CAF. THE CAMPUS HAS A HOUSING CAPACITY FOR 650 STUDENTS, WITH 500 STUDENTS LIVING IN DORMS DURING FALL 2024. IN SPRING 2023, THE COLLEGE DISCONTINUED ITS CONTRACT WITH AN ONLINE BOOK RETAILER TO TRANSITION TO OPEN EDUCATIONAL RESOURCES (OER). OER OFFERS FREE AND ACCESSIBLE TEACHING, LEARNING, AND RESEARCH MATERIALS IN THE PUBLIC DOMAIN OR UNDER LICENSES THAT ALLOW USE AND ADAPTATION, HELPING TO KEEP COSTS MINIMAL FOR STUDENTS. TO FURTHER SUPPORT THIS INITIATIVE, THE COLLEGE ALLOCATED 100,000, APPROVED BY THE BOARD OF DIRECTORS IN FALL 2023, TO PURCHASE TEXTBOOKS FOR COURSES WHERE OER OPTIONS ARE UNAVAILABLE. THE JUNE BUCHANAN SCHOOL (JBS) REPORTED AN ENROLLMENT OF 118 STUDENTS FOR FALL 2025, WITH 32 OF THESE STUDENTS ENROLLED IN ALICE LLOYD COLLEGE COURSES FOR THE SEMESTER. THROUGH THE CANEY HONORS ACHIEVEMENT PROGRAM (CHAP), JBS STUDENTS HAVE THE OPPORTUNITY TO CHALLENGE THEMSELVES ACADEMICALLY BY EARNING COLLEGE CREDITS WHILE STILL IN HIGH SCHOOL. THIS PROGRAM ENHANCES THEIR LEARNING EXPERIENCE AND HELPS THEM PREPARE FOR HIGHER EDUCATION. FORM 990, PAGE 2, PART III, LINE 4C STUDENT SERVICES ALICE LLOYD COLLEGE OFFERS A WIDE RANGE OF STUDENT SERVICES DESIGNED TO ENHANCE THE STUDENT EXPERIENCE AND SUPPORT PERSONAL AND ACADEMIC GROWTH. THESE PROGRAMS INCLUDE LEADERSHIP DEVELOPMENT, EDUCATION, ATHLETICS, INTRAMURAL SPORTS, COUNSELING, CAREER PLACEMENT, AND A STUDENT ACTIVITIES BOARD THAT ORGANIZES A COMPREHENSIVE ACTIVITY CALENDAR EACH SEMESTER. ADDITIONALLY, THE COLLEGE PROVIDES DINING AND DORMITORY FACILITIES TO SUPPORT CAMPUS LIFE. THE FIRST-YEAR FOUNDATIONS PROGRAM ASSISTS STUDENTS IN TRANSITIONING FROM HIGH SCHOOL TO COLLEGE, WHILE THE CONVOCATION SERIES ENRICHES THEIR EDUCATIONAL JOURNEY THROUGH GUEST LECTURES AND CULTURAL EVENTS. THE COLLEGE ALSO MAINTAINS A CAMPUS POLICE DEPARTMENT TO ENSURE SAFETY AND SECURITY, ALONG WITH ORIENTATIONS IN THE SUMMER AND FALL TO HELP STUDENTS ACCLIMATE TO COLLEGE LIFE. TOGETHER, THESE SERVICES REFLECT THE COLLEGE'S COMMITMENT TO FOSTERING A WELL-ROUNDED, SUPPORTIVE, AND ENGAGING ENVIRONMENT FOR ITS STUDENTS. CONSTRUCTION PROJECTS/CAMPUS IMPROVEMENTS SINCE THE BEGINNING OF 2023, ALICE LLOYD COLLEGE HAS COMPLETED SEVERAL SIGNIFICANT CAPITAL PROJECTS, ENHANCING CAMPUS INFRASTRUCTURE AND FOSTERING A BETTER ENVIRONMENT FOR STUDENTS AND THE COMMUNITY-ALL ACHIEVED WITHOUT INCURRING ANY DEBT. AMONG THESE PROJECTS IS THE COMPLETION OF HOLMES HALL, THE SECOND AND FINAL WOMEN'S RESIDENCE HALL ON CAMPUS, WHICH PROVIDES MODERN AND COMFORTABLE ACCOMMODATIONS FOR FEMALE STUDENTS. THIS MILESTONE REPRESENTS A KEY ACHIEVEMENT IN THE COLLEGE'S RESIDENTIAL EXPANSION PLAN, WITH THE TOTAL COST FOR THE WOMEN'S RESIDENCE HALLS AMOUNTING TO 19 MILLION. ADDITIONALLY, THE COLLEGE COMPLETED THE CHAPEL BELL TOWER, A STUNNING ARCHITECTURAL CENTERPIECE THAT SYMBOLIZES THE COLLEGE'S VALUES AND TRADITIONS WHILE ENHANCING THE CAMPUS'S SPIRITUAL AND COMMUNAL ATMOSPHERE. THIS PROJECT WAS COMPLETED AT A COST OF 1.3 MILLION. IN RESPONSE TO THE CATASTROPHIC FLOOD OF 2022, THE COLLEGE ALSO UNDERTOOK A COMPREHENSIVE 8 MILLION STREAM MITIGATION PROJECT TO RESTORE AND STRENGTHEN THE AFFECTED AREAS. THIS INITIATIVE INVOLVED CONSTRUCTING RETAINING WALLS, INSTALLING SAFETY FENCING, AND LAYING NEW ASPHALT TO REPAIR PATHWAYS AND ROADWAYS DAMAGED BY THE FLOOD. THE PROJECT NOT ONLY RESTORED THE CAMPUS BUT ALSO IMPROVED ITS RESILIENCE AGAINST FUTURE ENVIRONMENTAL CHALLENGES. THESE PROJECTS, TOTALING 28.3 MILLION, SHOWCASE ALICE LLOYD COLLEGE'S COMMITMENT TO PROVIDING A SAFE, INSPIRING, AND HIGH- QUALITY ENVIRONMENT FOR ITS STUDENTS AND THE WIDER COMMUNITY, WHILE MAINTAINING ITS LONGSTANDING TRADITION OF FISCAL RESPONSIBILITY. OVER THE PAST YEAR, THE COLLEGE HAS CONTINUED MAKING SIGNIFICANT UPGRADES TO BOTH HOWARD HALL AND BERGER HALL, FOCUSING ON IMPROVING STUDENT SAFETY, FUNCTIONALITY, AND LONG-TERM ASSET PRESERVATION. THE PROJECT HAS INCLUDED TARGETED UPGRADES TO THE BUILDING ENVELOPE, EXTERIOR FINISHES, AND RELATED STRUCTURAL COMPONENTS, ADDRESSING DEFERRED MAINTENANCE ISSUES AND ENHANCING THE OVERALL DURABILITY OF THE FACILITIES. THESE IMPROVEMENTS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SAFE, WELL-MAINTAINED RESIDENTIAL HOUSING FOR STUDENTS WHILE EXTENDING THE USEFUL LIFE OF CAMPUS INFRASTRUCTURE AND REDUCING FUTURE MAINTENANCE NEEDS. THROUGHOUT THE FISCAL YEAR, APPROXIMATELY 1.7 MILLION WAS INVESTED IN THESE IMPROVEMENTS, WITH TOTAL BUILDING RENOVATIONS PROJECTED TO REACH APPROXIMATELY 3 MILLION UPON COMPLETION IN FISCAL YEAR 2026-2027. COMMUNITY SERVICE PROJECTS ALICE LLOYD COLLEGE'S CAMPUS MINISTRY, ACADEMIC FRATERNITY PHI BETA LAMBDA (PBL), ATHLETICS, AND STUDENT SERVICES COLLABORATED THROUGHOUT THE YEAR TO ADDRESS COMMUNITY NEEDS AND PROVIDE IMPACTFUL OUTREACH. PHI BETA LAMBDA SIGNIFICANTLY EXPANDED ITS "SACK PACK" PROGRAM, INCREASING THE NUMBER OF WEEKLY FOOD DELIVERIES TO LOCAL NEEDY ELEMENTARY STUDENTS FROM 30 TO 60. ADDITIONALLY, PBL BEGAN SUPPORTING A SECOND SCHOOL, ENSURING EVEN MORE CHILDREN RECEIVED NECESSARY RESOURCES. DURING THE 2024-2025 ACADEMIC YEAR, FBLA COLLEGIATE ACTIVELY ENGAGED IN SEVERAL IMPACTFUL COMMUNITY SERVICE PROJECTS. FROM AUGUST 2024 TO MAY 2025, THE ORGANIZATION SUSTAINED ITS POWER UP WITH NUTRITION PROGRAM, DONATING 60 BAGS OF FOOD WEEKLY TO SUPPORT LOCAL NEEDY ELEMENTARY STUDENTS. THE CONTINUATION OF THIS VITAL INITIATIVE WAS MADE POSSIBLE BY SECURING A DONOR. ALL TEN FBLA MEMBERS PARTICIPATED IN THE PROGRAM. IN OCTOBER 2024, FBLA HOSTED A BREAST CANCER AWARENESS CAMPAIGN, DURING WHICH STUDENTS DONATED MONEY TO WEAR JEANS TO A CONVOCATION PROGRAM. THE CAMPAIGN SUCCESSFULLY RAISED 308.97 FOR THE AMERICAN CANCER SOCIETY. BEYOND THESE INITIATIVES, THE COLLEGE COMMUNITY ACTIVELY ENGAGED IN OTHER SERVICE PROJECTS, INCLUDING HOSTING BLOOD DRIVES AND PARTICIPATING IN ANIMAL SHELTER CLEANUP EFFORTS. THESE ACTIVITIES EXEMPLIFY ALICE LLOYD COLLEGE'S COMMITMENT TO SERVING THE COMMUNITY AND FOSTERING A CULTURE OF CIVIC RESPONSIBILITY AND COMPASSION AMONG ITS STUDENTS. ALICE LLOYD COLLEGE'S CAMPUS MINISTRIES CONTINUES TO UPHOLD THE INSTITUTION'S CHRISTIAN-BASED PHILOSOPHY, EMPHASIZING THE PROMOTION OF CHRISTIAN PRINCIPLES AND VALUES. OPEN TO ALL DENOMINATIONS, CAMPUS MINISTRIES OFFERS AN ACTIVE STUDENT MINISTRY PROGRAM THAT FOSTERS SPIRITUAL GROWTH AND COMMUNITY ENGAGEMENT. THROUGHOUT THE YEAR, THE MINISTRY UNDERTOOK SEVERAL OUTREACH INITIATIVES, INCLUDING PERIODIC VISITS TO LOCAL NURSING HOMES. DURING THESE VISITS, STUDENTS ENGAGED WITH RESIDENTS THROUGH ACTIVITIES SUCH AS BINGO, BIBLE TRIVIA GAMES, AND SINGING. ADDITIONALLY, THEY DISTRIBUTED CROSSWORD PUZZLES, WORD SEARCHES, AND MAGAZINES TO PROVIDE ENTERTAINMENT AND COMPANIONSHIP. ALICE LLOYD COLLEGE HAS A LONG-STANDING TRADITION OF SUPPORTING OPERATION CHRISTMAS CHILD (OCC), THE INTERNATIONAL SHOEBOX MINISTRY RUN BY SAMARITAN'S PURSE THAT DELIVERS GIFT-FILLED SHOEBOXES TO CHILDREN AROUND THE WORLD TO SHARE JOY AND THE MESSAGE OF THE GOSPEL. AT THE COLLEGE, THE CRUSADERS IN ACTION AND OTHER STUDENT GROUPS PARTNER COLLECT AND FILL HUNDREDS OF SHOEBOXES EACH YEAR WITH TOYS, SCHOOL SUPPLIES, HYGIENE ITEMS, AND OTHER SMALL GIFTS FOR CHILDREN IN NEED. ALICE LLOYD COLLEGE SERVES AS AN OFFICIAL OCC DROP-OFF SITE DURING THE ANNUAL COLLECTION SEASON, WELCOMING DONORS WHO BRING THEIR PACKED SHOEBOXES AND HELPING TO GATHER, COUNT, AND PREPARE THEM FOR SHIPMENT TO PROCESSING CENTERS AS PART OF THE NATIONWIDE EFFORT. THROUGH THIS ROLE-BOTH AS A DROP-OFF LOCATION AND A HUB FOR PACKING EFFORTS-ALC DEMONSTRATES A STRONG COMMITMENT TO SERVICE AND OUTREACH WHILE GIVING STUDENTS AND COMMUNITY MEMBERS A HANDS-ON WAY TO PARTICIPATE IN A MINISTRY THAT REACHES CHILDREN GLOBALLY. WORK-STUDY COMPLETED 43,039 WORK HOURS IN AREAS DESIGNATED COMMUNITY SERVICE POSITIONS. 33,774 HOURS WERE DESIGNATED WORK COLLEGE WORK-STUDY AND FEDERAL WORK-STUDY, WHILE 9,265 HOURS WERE PAID WITH INSTITUTIONAL DOLLARS. COMMUNITY SERVICE JOBS INCLUDE THE JUNE BUCHANAN SCHOOL, THE CHILD DEVELOPMENT CENTER, THE LIBRARY, THE CRAFT SHOP & CHRISTMAS PRETTIES PROGRAM, MARKETING, BOTH THE HUNGER DIN AND MISS IRMA'S CAF, AS WELL AS TALON'S TREATS. WE ARE ALSO REQUIRED TO EMPLOY STUDENTS AS READING AND MATH TUTORS AND THOSE STUDENTS COMPLETED 1,257 HOURS IN THOSE AREAS. FORM 990, PAGE 2, PART III, LINE 4D ACADEMIC EXPENSES 5,361,270. INCLUDING GRANTS OF 79,741. REVENUE 0. JUNE BUCHANAN EXPENSES 1,252,717. INCLUDING GRANTS OF 56,429. REVENUE 0. STUDENT AID EXPENSES 2,739,572, INCLUDING GRANTS OF 2,739,572. REVENUE 0. FORM 990, PAGE 6, PART VI, LINE 2 JAMES O. STEPP JOE STEPP PRESIDENT CHANCELLOR BROTHERS FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT HAS BEEN APPOINTED TO REVIEW THE FORM 990 AS PART OF THE ANNUAL REPORTING PROCESS. THE GOVERNING BODY WILL RECEIVE A COPY OF THE COMPLETED FORM 990 IN DECEMBER, ACCOMPANIED BY A LETTER REQUESTING THAT ANY QUESTIONS OR CONCERNS BE DIRECTED TO THE VICE PRESIDENT FOR BUSINESS AFFAIRS. INTERNALLY, THE REVIEW PROCESS INVOLVES KEY PERSONNEL, INCLUDING THE PRESIDENT, EXECUTIVE SECRETARY, VICE PRESIDENT FOR BUSINESS AFFAIRS, CONTROLLER, AND DIRECTOR OF HUMAN RESOURCES. PREPARATION AND EDITING OF VARIOUS SECTIONS OF THE FORM 990 ARE CONDUCTED COLLABORATIVELY, WITH CONTRIBUTIONS FROM THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, THE PROVOST, AND THE EXECUTIVE DIRECTOR OF INSTITUTIONAL EFFECTIVENESS AND ACCREDITATION. THESE INDIVIDUALS WORK WITH INPUT FROM ALL DEPARTMENTS TO ENSURE THE REPORT IS ACCURATE AND COMPREHENSIVE. THIS THOROUGH REVIEW PROCESS REFLECTS THE COLLEGE'S COMMITMENT TO TRANSPARENCY AND ACCOUNTABILITY. FORM 990, PAGE 6, PART VI, LINE 12C ALICE LLOYD COLLEGE MAINTAINS A ROBUST CONFLICT OF INTEREST POLICY, WHICH INCLUDES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE DOCUMENT THAT ALL TRUSTEES AND EXECUTIVE DIRECTORS ARE REQUIRED TO SIGN, WITH THEIR SIGNATURES WITNESSED. EACH YEAR, THE DISCLOSURE DOCUMENT IS DISTRIBUTED TO TRUSTEES IN OCTOBER. THE SECRETARY TO THE PRESIDENT MONITORS COMPLIANCE BY FOLLOWING UP WITH INDIVIDUALS WHO DO NOT RETURN THEIR SIGNED DOCUMENTS WITHIN A REASONABLE TIMEFRAME. TO ENSURE ONGOING AWARENESS AND ADHERENCE, THE CONFLICT-OF-INTEREST POLICY HAS BEEN REVIEWED ANNUALLY UNDER COLLEGE GOVERNANCE SINCE ITS INCLUSION IN THE JANUARY 2010 EXECUTIVE REPORT. THIS PRACTICE REINFORCES THE COLLEGE'S COMMITMENT TO ETHICAL GOVERNANCE AND ACCOUNTABILITY. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S SALARY AT ALICE LLOYD COLLEGE IS DETERMINED BY THE BOARD OF TRUSTEES BASED ON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. FOR OTHER EMPLOYEES, THE PRESIDENT MAKES SALARY INCREASE RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AND THE BOARD. TO ENSURE SALARIES REMAIN COMPETITIVE AND ALIGNED WITH INDUSTRY STANDARDS, THE PRESIDENT PERIODICALLY (EVERY 2-3 YEARS) REQUESTS A COMPARATIVE SALARY LIST FROM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). THIS PROCESS UNDERSCORES THE COLLEGE'S COMMITMENT TO FAIRNESS AND ACCOUNTABILITY IN COMPENSATION PRACTICES. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT'S SALARY AT ALICE LLOYD COLLEGE IS ESTABLISHED BY THE BOARD OF TRUSTEES BASED ON A RECOMMENDATION FROM THE EXECUTIVE COMMITTEE. ADDITIONALLY, THE PRESIDENT PROVIDES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AND THE BOARD REGARDING PAY INCREASES FOR LINE OFFICERS AND OTHER COLLEGE EMPLOYEES. TO ENSURE EQUITABLE AND COMPETITIVE COMPENSATION, THE PRESIDENT PERIODICALLY (EVERY 2-3 YEARS) REQUESTS A COMPARATIVE SALARY LIST FROM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). THIS PROCESS REFLECTS THE COLLEGE'S COMMITMENT TO MAINTAINING FAIRNESS AND ALIGNMENT WITH REGIONAL SALARY STANDARDS. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ANNUITY PAYMENTS -125,585