2011-02-07T12:16:30-07:00 2010-06-30 990 2009-07-01 540525605 SHENANDOAH UNIVERSITY SHEN 5406654515 1460 University Drive Winchester VA 22601 Tracy Fitzsimmons 5406654533 2011-02-07 2009 2016-02-24 21:20:13Z Tracy Fitzsimmons 1460 University Dr Winchester VA 22601 104159019 0 X www.su.edu X 1875 VA A Shenandoah University education incorporates scholarship, experiential learning and sophisticated technologies as well as practical wisdom. The university provides students with the academic content and analytical skills they'll need to launch successful careers, and harness technologies that will enable them to create new ideas, products and services that impact a global society. 44 40 2413 225 1704644 -456135 5102962 4173306 74648470 80894318 -2407752 2155460 218518 519729 77562198 87742813 15322586 16970097 0 0 40783692 42421954 0 0 1637299 25926646 25776885 82032924 85168936 -4470726 2573877 152535432 157334659 61973506 61559852 90561926 95774807 The University shall include the operation of one or more colleges or other educational institutions for the instruction of youth and adults in the various branches of learning and conferring academic honors granted by similar educational institutions including the granting of such degrees, honorary degrees, certifications, diplomas or other evidence of academic attainment, as the University deems appropriate. 0 0 52989478 16852847 69899476 During the fiscal year 2009-2010, Shenandoah University continued its focus on excellence and innovation with enrollment of 3,619 students in graduate and undergraduate programs in Fall 2009 through its six schools and nearly 90 programs of study. 7538883 1000 1168199 Student Services includes admissions, registrar, student affairs, student organizations and our athletics programs. During fiscal year 09-10, Shenandoah University had 43 clubs and organizations. Shenandoah University sponsored 20 intercollegiate teams (10 for women and 10 for men), with a total student-athlete involvement of 432. Intercollegiate athletics are an integral aspect of student life on the Shenandoah University campus, with the majority of students involved either as participants or spectators. 6208652 0 9209951 Auxillary services includes the University's dormitories, bookstore, childcare facilities and hotel operations. During fiscal year 09-10, Shenandoah housed approximately 800 students on campus. 6817855 616692 Shenandoah University's other program services not detailed in Part III include the maintenance of Shenandoah University's campuses. 6817855 0 616692 73554868 1 1 0 0 0 0 1 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 1 5523 0 1 2413 1 1 1 0 0 0 0 1 1 0 1 1 1 1 44 40 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Tracy Fitzsimmons President 5406654505 1460 University Drive Winchester VA 226015195 Walter H Aikens 0 X 0 0 0 C J Borden 0 X 0 0 0 William F Brandt 0 X 0 0 0 Stephen P Caruthers 0 X 0 0 0 Katherine K Clark 0 X 0 0 0 Teresa A Cluss 0 X 0 0 0 Laura N Dabinett 0 X 0 0 0 Anne-Marie Dunn 0 X 0 0 0 Lynnette Embree 0 X 0 0 0 Andrew U Ferrari 0 X 0 0 0 Reverend David T Forrest 0 X 0 0 0 Robert J Frogale 0 X 0 0 0 Mary Bruce Glaize 0 X 0 0 0 Reverend Jay M Hanke 0 X 0 0 0 Stanley E Harrison 0 X 0 0 0 Jeffrey D Hester 0 X 0 0 0 L Janell Hoffman 0 X 0 0 0 William B Holtzman 0 X 0 0 0 Susan R Jones 0 X 0 0 0 Ann K MacLeod 0 X 0 0 0 John K Marlow 0 X 0 0 0 Keith A May 0 X 0 0 0 Richard RJ Morin 0 X 0 0 0 Nicholas J Nerangis Sr 0 X 0 0 0 Mark J Ohrstrom 0 X 0 0 0 Larry T Omps 0 X 0 0 0 Bipin B Patel 0 X 0 0 0 Sharon Hill Price 0 X 0 0 0 Reverend C Edward Pruitt 0 X 0 0 0 Reverend Lee B Sheaffer 0 X 0 0 0 Mary Farland Shockey 0 X 0 0 0 William F Simmons III 0 X 0 0 0 Gerald F Smith Jr 0 X 0 0 0 Harry S Smith 0 X 0 0 0 C Robert Solenberger 0 X 0 0 0 Mark E Stavish 0 X 0 0 0 Charles A Veatch 0 X 0 0 0 James T Vickers 0 X 0 0 0 F Dixon Whitworth Jr 0 X 0 0 0 James R Wilkins Jr 0 X 0 0 0 Heather H Wilson 0 X 0 0 0 Reverend Raymond F Wrenn 0 X 0 0 0 Irene R Wurtzel 0 X 0 0 0 Tracy Fitzsimmons 40 X 259591 0 56675 Bryon L Grigsby 40 X 149151 0 42141 Richard C Shickle Sr 40 X 166849 0 34925 Mitchell L Moore 40 X 134649 0 25051 Claressa M Morton 40 X 100646 0 12963 Alan B McKay 40 X 168658 0 27305 W Randy Boxx 40 X 143570 0 24048 Scott K Stolte 40 X 126468 0 19611 Mary Ann Kirkpatrick 40 X 133111 0 18472 Arthur F Harralson 40 X 128729 0 26565 Calvin H Allen Jr 40 X 125155 0 20704 James A Davis 0 X 129742 0 31112 1766319 0 339572 29 1 1 1 Sodexo Campus Services PO Box 536922 Atlanta GA 303536922 Food Service 2603241 Schrock Inc 220 Imboden Dr Winchester VA 22603 Transportation 253118 Winchester Printers Inc 212 Independence Dr Winchester VA 22602 Printing services 204865 Datatel Inc 4375 Fair Lakes Ct Fairfax VA 220334234 Software consulting 178243 Peter's Way Tour 25 S Service Rd Ste 240 Jericho NY 11753 Travel services 128065 7 0 0 24050 0 987337 3161919 654768 4173306 Tuition and fees 611310 69899476 69899476 0 0 Auxillary enterprises 900099 9209951 0 1660344 7549607 Ticket Sales 900099 758351 0 0 758351 Student Service Commissions 900099 214271 0 0 214271 Contract Income for Programs 900099 195577 0 0 195577 616692 0 44300 572392 80894318 1215091 0 0 1215091 0 0 0 0 301530 0 0 301530 307903 0 114771 0 193132 0 193132 0 0 193132 17190120 0 16249751 0 940369 0 940369 0 0 940369 76751 24050 51684 25067 25067 0 0 0 0 0 0 0 0 0 87742813 69924543 1704644 11940320 0 0 16970097 16970097 0 0 0 0 1197844 616666 312076 269102 0 0 0 0 33715320 28818384 4097842 799094 1876228 1580525 254589 41114 3145606 2548260 530313 67033 2486956 2119410 296453 71093 21910 6820 15090 122724 1012 121712 141441 141441 35872 4037 31835 316432 259222 56210 1000 2255437 1641030 520628 93779 5683773 5569213 107389 7171 1776092 1645592 115432 15068 1653648 1602738 50910 4748546 4070653 677893 702360 261334 441026 Meals/Room Charges 2333602 2225476 70476 37650 Contract Services 1661170 1116181 425047 119942 Equipment Rental 1403613 668822 691331 43460 Publications 1136376 989012 110418 36946 1783889 840384 908658 34847 85168936 73554868 9976769 1637299 5525 5425 2583767 5635421 2100390 1098348 1694503 1817780 0 0 0 0 3315900 3127224 0 0 2285280 2083946 132438591 37122550 96806129 95316041 40190396 44643550 3553542 3606924 152535432 157334659 5513120 5562213 2384487 2361094 2102787 1945202 41565991 40343563 0 0 0 0 5839907 6876337 3469490 3423787 1097724 1047656 61973506 61559852 X 47890589 51239359 19892972 21126907 22778365 23408541 90561926 95774807 152535432 157334659 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 486514 0 165512 X X 0 42490932 1430793 4576620 1321153 0 0 47177192 49506512 1104911 -5210310 2910181 0 0 42490932 0.29 0.5 0.21 1 0 3116420 8481834 11598254 4989790 83639137 18139052 70489875 0 666917 325354 341563 0 18323262 12592765 5730497 0 13221231 6065379 7155852 95316041 0 0 Funds Held in Trust by Others 1433937 F Funds Restricted to Property Plant and Equipment 1523460 F Various Other Investments 649527 F 3606924 0 Annuity and Life Income Obligations 1047656 1047656 87742813 85168936 2573877 2639004 0 0 0 0 2639004 5212881 90574338 2639004 26066 0 0 2665070 87909268 0 -166455 -166455 87742813 85361457 26066 0 0 166455 192521 85168936 0 0 0 85168936 SchD_P03_S00_L04 Schedule D, Part III, Line 4 The collections of Shenandoah University include paintings, drawings, prints, photographs, sculpture, historical items, and decorative arts. These items are on display throughout the University and for public exhibition. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity or for a donor-specified period(s) as well as board-designated funds. The objective of the endowment portfolio of the University is to achieve maximum total return, consistent with assuming a reasonable degree of risk. SchD_P10_S00_L00 Schedule D, Part X The Financial Accounting Standards Board issued new guidance on accounting for uncertainty in income taxes. The University adopted this new guidance for the year ended June 30, 2010. Management evaluated the University's tax positions and concluded that the University had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the University is no longer subject to income tax examinations by the US federal, state or local tax authorities for tax years ending before 2007. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Fundraising and Rental expenses. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising and Rental expenses. 1 1 1 Shenandoah University includes a racially nondiscriminatory policy with all its brochures and publications. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Shenandoah University received contributions from various government agencies in the amount of $987,337 as indicated on Form 990, Part VIII, line 1e. 1 Central America and the Caribbean 0 0 Program Services Educational programs 24906 East Asia and the Pacific 0 0 Program Services Educational programs 39159 Europe (including Iceland and Greenland) 0 0 Program Services Educational programs and recruiting 45136 Middle East and North Africa 0 0 Program Services Educational Programs 49813 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Educational programs and recruiting 10526 South America 0 0 Program Services Educational programs 46285 South Asia 0 0 Program Services Educational programs 7126 0 0 222951 Raffle 49257 4375 44882 11615 0 0 0 0 7008 Golf Tournament 23753 11700 12053 0 3950 0 0 0 9363 3 27791 7975 19816 0 0 0 0 0 19748 100801 24050 76751 11615 3950 0 0 0 36119 51684 25067 1 Awards/Grants 114 14406 0 Criteria of award or grant Undergraduate and Graduate Need Based Scholarships 842 2921212 0 Determination based upon financial need Undergraduate and Graduate Special Incentive 259 1620912 0 Based on criteria of defined scholarship Undergraduate and Graduate Academic Scholarships 1873 8682633 0 Based on academic achievement SEOG Grant 456 222700 0 Based on criteria of grant Virginia CSAP & HETEP Scholarships 33 62123 0 Based on scholarship criteria Graduate Assistantships 46 236265 0 Based on assistanship criteria Graduate Fellowships 1227 3209847 0 Enrollment in an eligible graduate program SchI_P01_S00_L02 Schedule I, Part I, Line 2 The process of packaging financial aid is the culmination of the total analysis of student need and the aid administration cycle. The process of preparation for packaging is completed accurately and confidentially to insure effective use of all aid funds available, as well as fair and equitable treatment of all applicants. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Tracy Fitzsimmons 201597 0 0 0 57994 0 38946 0 17729 0 316266 0 0 0 Bryon L Grigsby 138792 0 0 0 10359 0 21412 0 20729 0 191292 0 0 0 Richard C Shickle Sr 156020 0 0 0 10829 0 23804 0 11121 0 201774 0 0 0 Mitchell L Moore 115373 0 0 0 19276 0 10426 0 14625 0 159700 0 0 0 Claressa M Morton 96949 0 0 0 3697 0 5417 0 7546 0 113609 0 0 0 Alan B McKay 156352 0 0 0 12306 0 13784 0 13521 0 195963 0 0 0 W Randy Boxx 116749 0 0 0 26821 0 11526 0 12522 0 167618 0 0 0 Scott K Stolte 116633 0 0 0 9835 0 9786 0 9825 0 146079 0 0 0 Mary Ann Kirkpatrick 109610 0 0 0 23501 0 10567 0 7905 0 151583 0 0 0 Arthur F Harralson 119137 0 0 0 9592 0 10836 0 15729 0 155294 0 0 0 Calvin H Allen Jr 117093 0 0 0 8062 0 10183 0 10521 0 145859 0 0 0 James A Davis 120918 0 0 0 8824 0 20000 0 11112 0 160854 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The University provides a housing allowance and social club dues to key employees. The amount provided is included in their taxable wages. Industrial Development Authority of the City of Winchester 521232253 973127BA0 1998-03-18 22245000 Education facilities 0 0 Virginia Small Business Financing Authority 541300845 2004-11-01 1800000 Education facilities 0 0 Virginia College Building Authority 541249154 027781DQ4 2006-11-16 21895000 Education facilities 0 0 21987250 1355948 14431755 0 788450 0 5411097 1998 0 1 1 1 1800000 0 1763152 0 36000 848 0 2004 1 0 1 1 21851985 0 17160000 0 155985 0 4536000 2007 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 1 HSBC 26.5 1 1 1 0 0 0 0 0 1 0 1 0 0 0 1 H and W Construction Co Officer serves as trustee 250500 Construction 0 Carolyn Coulson-Grigsby Family member of officer 56652 Compensation 0 Mark A Turner Family member of trustee 54275 Compensation 0 Mary Kay Hester Family member of trustee 38417 Compensation 0 X 6 1090 FMV X 339 FMV X 11200 FMV X 19 244972 Market Value X 1 390100 Appraisal X 1 350 FMV X 41 4617 FMV X 1 100 FMV X Educational Equipment 3 2000 FMV 0 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 Two noncash contributions for educational equipment were received and recorded as assets in the amount of $11,040 based on fair market value during the fiscal year. F990_P06_S0A_L03 Form 990, Part VI, Section A, Line 3 A management company is used to manage and operate a disregarded entity of the University. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 Each trustee receives a copy of the Form 990 for review prior to the filing deadline. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All key employees and trustees are asked to complete a conflict of interest questionnaire annually. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 A committee uses reviews and benchmarks to recommend the president's salary to the board. The board approves the president's salary each year. The president approves the salaries of the officers and key employees, which the board approves when passing the budget. F990_P06_S0C_L17 Form 990, Part VI, Section C, Line 17 No state returns are required to be filed. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents will be provided upon request to the Business Office by phone at (540) 665-4514 or by e-mail at busoff@su.edu. SchR_P01_S00_L00 Schedule R, Part I Income and end of year assets reported include the LLC, excluding its subsidiary. Shenandoah University Properties LLC 1460 University Dr Winchester VA 22601 Responsible for property held separately VA 0 0 Shenandoah University Shenandoah Hotel Property LLC 1460 University Dr Winchester VA 22601 263186765 Maintains and oversees separately held properties DE 6299 8069332 Shenandoah University Properties LLC Hotel Management LC PO Box 2497 Winchester VA 22604 262805054 Operates hotel property VA 1097028 152002 Shenandoah Hotel Property LLC