2026-05-15T17:12:22-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2024-07-01 540568200 BLUEFIELD UNIVERSITY BLUE 2763263682 3000 COLLEGE AVENUE BLUEFIELD VA 24605 MELANIE L SARVER VP FOR FINANCE AND ADMIN 2763263682 2026-05-15 1 0 MARK WOOLWINE P00647446 5404433606 2026-05-15 2024 2025-03-06 01:10:19Z DANIEL OSBORNE 3000 COLLEGE AVENUE BLUEFIELD VA 24605 29883908 0 X WWW.BLUEFIELD.EDU X 1922 VA TO PROVIDE STUDENT INSTRUCTION, SCHOLARSHIPS, ACADEMIC SUPPORT, AND OTHER SERVICES TO ITS STUDENTS. 21 19 360 2 -169 0 1798763 2944675 25774684 25768692 522179 359792 110132 808139 28205758 29881298 8136825 6506976 0 0 9369150 8582232 0 0 152916 12945407 14626062 30451382 29715270 -2245624 166028 32589898 34841789 18050426 19645798 14539472 15195991 X TO OFFER A CHALLENGING CHRIST-CENTERED LIBERAL ARTS EXPERIENCE AND CO-CURRICULAR PROGRAMS THAT TRANSFORM STUDENTS' LIVES BY INTEGRATING LIBERAL ARTS WITH CAREER-ORIENTED STUDIES AND SERVICE TO GOD & THE WORLD. 0 0 12773992 6506976 23369899 STUDENT INSTRUCTION AND SCHOLARSHIPS: GROUNDED IN THE LIBERAL ARTS TRADITION, BLUEFIELD UNIVERSITY IS AT THE FOREFRONT IN UNDERSTANDING THE VALUE OF SCIENCE AND TECHNOLOGY IN THE 21ST CENTURY. BLUEFIELD UNIVERSITY OFFERS MORE THAN 70 ACADEMIC PROGRAMS, INCLUDING OVER 50 BACHELOR'S DEGREES, 15 MASTER'S DEGREES AND SEVERAL ASSOCIATES AND CERTIFICATE PROGRAMS. STUDENTS SERVED INCLUDE TRADITIONAL STUDENTS WHO ANTICIPATE NEEDING THREE TO FIVE YEARS TO COMPLETE THEIR BACHELOR'S DEGREE, THE DEGREE COMPLETION STUDENT WHO NEEDS FEWER HOURS TO COMPLETE AN UNDERGRADUATE DEGREE OR CERTIFICATE PROGRAM AND DESIRES TO COMPLETE ONLINE, AND THE INDIVIDUAL THAT IS SEEKING A MASTER'S DEGREE. THE UNIVERSITY DELIVERS COURSES ON-SITE/IN-PERSON AND ON-LINE. ACADEMIC SUPPORT IS PROVIDED THROUGH AN ACADEMIC CENTER FOR EXCELLENCE, A LIBRARY, AND ACADEMIC TECHNOLOGY SUPPORT. 5849100 STUDENT SERVICES: THE UNIVERSITY'S STUDENT SERVICES AREAS INCLUDE THE REGISTRAR, ENROLLMENT MANAGEMENT, CREATIVE MEDIA, FINANCIAL AID, GENERAL STUDENT SUPPORT SERVICES, CAMPUS SECURITY, INTER-COLLEGIATE AND INTRAMURAL ATHLETICS, STUDENT EXTRACURRICULAR ACTIVITIES, CAMPUS MINISTRY, AND RETENTION/STUDENT SUCCESS SERVICES. 3283215 3205002 AUXILIARY ENTERPRISES: THE UNIVERSITY'S AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, FOOD SERVICE, THE CAMPUS STORE, AND SPECIAL PROGRAMS (E.G., SUMMER EVENTS). 21906307 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 31 0 1 360 1 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2763264556 3000 COLLEGE AVENUE BLUEFIELD VA 24605 DAVID L BAILEY JR BOARD TRUSTEE 1.50 X 0 0 0 CINDY CARTER BOARD TRUSTEE 1.50 X 0 0 0 TERRI N COLE BOARD TRUSTEE 1.50 X 0 0 0 ROGER COLLIER BOARD TRUSTEE 1.50 X 0 0 0 RODNEY HALE BOARD TRUSTEE 1.50 X 0 0 0 HEATHER HARRIS BOARD TRUSTEE 1.50 X 0 0 0 ROBERT BOB HOUCK BOARD TRUSTEE 1.50 X 0 0 0 MELISSA HYPES BOARD TRUSTEE 1.50 X 0 0 0 JULIE H JOHNSON BOARD TRUSTEE 1.50 X 0 0 0 ELIZABETH KEENE BOARD TRUSTEE 1.50 X 0 0 0 DAVID KIRK BOARD TRUSTEE 1.50 X 0 0 0 CHRIS LAWSON BOARD VICE CHAIR 1.50 X X 0 0 0 PHYLLIS MARCOM BOARD TRUSTEE 1.50 X 0 0 0 DONNA PAYNE BOARD TRUSTEE 1.50 X 0 0 0 JACKSON E REASOR JR BOARD CHAIR 1.50 X X 0 0 0 SARAH REID BOARD SECRETARY 1.50 X X 0 0 0 JOHN ROCOVICH JR BOARD TRUSTEE 1.50 X 0 0 0 DIXIE TOOKE-RAWLINS BOARD TRUSTEE 1.50 X 0 0 0 MICHAEL A WADE BOARD TRUSTEE 1.50 X 0 0 0 MORI WILLIAMS BOARD TRUSTEE 1.50 X 0 0 0 LAMONT WOODS BOARD TRUSTEE 1.50 X 0 0 0 STEVE PETERSON PRESIDENT 50.00 X 124724 0 7797 MICHAEL SALMEIER PROVOST & CHIEF ACADEMIC OFFICER/INTERIM PRESIDENT 50.00 X 137000 0 23715 EMILY LAMBERT INTERIM PROVOST & CHIEF ACADEMIC OFFICER 50.00 X 108462 0 23930 ANGELA CLINE DEAN OF CAUDILL SCHOOL OF BUSINESS/ACADEMICS 50.00 X 104738 0 282 JESSICA SHARP DEAN OF SCHOOL OF NURSING 50.00 X 104738 0 2305 579662 0 58029 5 0 1 0 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 CATERING SERVICES 1276736 ADVANCED LOGIC INDUSTRIES INC 1750 KRAFT DRIVE BLACKSBURG VA 24060 IT SERVICES 388336 RENEW CONSTRUCTION LLC 636 INDUSTRIAL PARK RD BLUEFIELD VA 24604 CONSTRUCTION SERVICES 353593 SOUTHERN AIR PO BOX 4205 LYNCHBURG VA 24502 CONSTRUCTION SERVICES 258257 SARAH A BEAMER 425 COVE RD WYTHEVILLE VA 24382 CONSULTANT SERVICES 245700 6 1860 2942815 102786 2944675 TUITION AND FEES 611310 22563690 22563690 HOUSING AND BOARD SERVICES 611710 3080707 3080707 SPECIAL EVENTS 611710 86943 86943 CAMPUS STORE/TEXTBOOK SALE 611710 20652 20652 OTHER 611710 16700 16700 25768692 273978 -169 274147 85814 0 85814 85814 85814 4540 1860 2610 1930 1930 806209 806209 806209 29881298 26574901 -169 361891 6506976 6506976 498389 314310 177266 6813 6268502 4031918 2143241 93343 1815341 1144848 645677 24816 21885 21885 438554 385901 52653 600892 30694 569656 542 774189 559250 214615 324 1187033 1061436 125597 2017384 514716 1502487 181 248302 17507 224908 5887 251535 251535 1585781 516058 1069723 540066 196340 343726 OTHER 5648976 5075487 552740 20749 STUDENT MEAL PLAN 1292941 1292941 POSTAGE 18524 6390 11873 261 29715270 21906307 7656047 152916 1050 650 1590663 2946639 3145196 3002975 675241 781275 4331 4331 153041 118359 41441816 23093786 18110199 18348030 7310115 8231916 1600062 1407614 32589898 34841789 1834659 2710580 1376882 2357400 11308256 12618395 1500000 2030629 1959423 18050426 19645798 X 1552127 348521 12987345 14847470 14539472 15195991 32589898 34841789 X 166028 400972 89519 X X 0 1 X 1 1 1 X 3173928 3666779 2416432 1798763 2944675 14000577 3173928 3666779 2416432 1798763 2944675 14000577 14000577 135763 126551 168713 219364 273978 924369 -208257 1508743 -6790 118435 810749 2222880 17147826 0.81650 0.86210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1726 1726 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF THE COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA (CICV), AN ASSOCIATION OF 28 INDEPENDENT COLLEGES AND UNIVERSITIES. CICV CURRENTLY OPERATES BY THE NAME VIRGINIA PRIVATE COLLEGES. CICV WORKS TO PROMOTE THE INTERESTS OF NON-PROFIT, INDEPENDENT HIGHER EDUCATION IN VIRGINIA. CICV WORKED TO INITIATE AND CONTINUES TO PROMOTE THE STATE'S NON-NEED BASED TUITION ASSISTANCE PROGRAM FOR VIRGINIA STUDENTS ATTENDING A PRIVATE INSTITUTION. ADDITIONALLY, CICV MONITORS LEGISLATIVE AND REGULATORY ACTIONS WHICH AFFECT THE MEMBERSHIP BY A PRESENCE DURING THE GENERAL ASSEMBLY SESSIONS TO REVIEW PROPOSED LEGISLATION AND INTERACT WITH VARIOUS ADMINISTRATIVE AGENCIES. CICV IS ENGAGED IN PROMOTING THE AWARENESS OF VIRGINIA'S INDEPENDENT COLLEGES TO POTENTIAL STUDENTS THROUGH PUBLICATIONS AND BY SPONSORING VA PRIVATE COLLEGE WEEK. CICV ALSO PROVIDES ANALYZED DATA TO MEMBER INSTITUTIONS AND APPROPRIATE STATE AGENCIES TO PROMOTE VENTURES WHERE EFFICIENCIES CAN BE ACHIEVED BY THE PARTICIPATION OF A GROUP OF INSTITUTIONS. THE UNIVERSITY PAYS A MEMBERSHIP FEE BASED UPON STUDENT POPULATION. FOR THE YEAR ENDED JUNE 30, 2025, CICV EXPENDED APPROXIMATELY 13.78% OF THE MEMBERSHIP FEE FOR LOBBYING ACTIVITIES. 9381056 68439 651436 142260 70424 9888247 9470865 550380 698240 378962 959467 9381056 8782478 423019 588616 323248 9470865 8730019 706709 -372510 281740 8782478 6950344 413925 1670824 305074 8730019 0.03836 0.74997 0.21167 1 0 103333 103333 26346039 13220062 13125977 10118841 7806964 2311877 4873603 2066760 2806843 18348030 STUDENT AND OTHER DEPOSITS 564667 AMOUNTS HELD ON BEHALF OF OTHERS 187743 TRUST AND ANNUITY OBLIGATIONS 168824 POST RETIRMENT BENEFIT OBLIGATIONS 126178 OPERATING LEASE LIABILITY 185058 FINANCE LEASE LIABILITY 726953 1959423 X 23845538 400972 92129 493101 23352437 21885 6506976 6528861 29881298 23189019 2610 2610 23186409 21885 6506976 6528861 29715270 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS ARE USED PRIMARILY FOR SCHOLARSHIPS AND RESTRICTED PROGRAM PURPOSES. THE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS ARE USED TO COVER THE PAYOUT FOR ENDOWMENT ACCOUNTS FOR WHICH THE ACCOUNTS' MARKET VALUES HAVE DROPPED BELOW CORPUS ("UNDERWATER ENDOWMENTS"). PART X, LINE 2: THE FEDERAL FORM 990S OF THE UNIVERSITY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 2,610. CHANGE IN VALUE SPLIT INTEREST AGREEMENTS 89,519. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINANCIAL AID PAID 6,506,976. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED FOR GOLF TOURNAMENT 2,610. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND FINACIAL AID PAID 6,506,976. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BLUEFIELD UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE UNIVERSITY IS NOT REQUIRED TO PUBLISH ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE NEWSPAPER OR THE BROADCAST MEDIA. AS REQUIRED BY REVENUE PROCEDURE 75-50, BLUEFIELD UNIVERSITY INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE AMOUNT BLUEFIELD UNIVERSITY RECEIVES FROM GOVERNMENTAL AGENCIES FOR FINANCIAL ASSISTANCE IS FOR STUDENT FINANCIAL AID. THE FINANCIAL AID IS AWARDED TO STUDENTS ACCORDING TO FEDERAL AND INSTITUTIONAL GUIDELINES. 1 DONOR RESTRICTED (FUNDED) SCHOLARSHIPS AND FINANCIAL AID 111 526324 SEOG - FEDERAL SUPPLEMENTAL GRANTS 86 68209 COLLEGE DESIGNATED (UNFUNDED) SCHOLARSHIPS AND FINANCIAL AID 526 5912443 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON EITHER THE SPECIFIC CRITERIA OF THE SCHOLARSHIP FUNDING, ACADEMIC MERIT, OR TALENT. THE UNIVERSITY'S FINANCIAL AID OFFICE MONITORS SCHOLARSHIP FUND AVAILABILITY, MAKES SCHOLARSHIP AWARDS, AND MAINTAINS AN ON-GOING AWARENESS OF STUDENT ELIGIBILITY FOR SCHOLARSHIPS. X X 0 0 X X 0 0 0 0 0 0 0 0 0 MICHAEL SALMEIER PROVOST & CHIEF ACADEMIC OFFICER/INT 137000 0 0 0 0 0 0 0 23715 0 160715 0 0 0 PART I, LINE 1B BLUEFIELD UNIVERSITY'S BOARD OF TRUSTEES BYLAWS DESCRIBE VARIOUS POWERS AND DUTIES OF THE TRUSTEES, TO INCLUDE APPOINTING THE PRESIDENT AND APPROVING THE TERMS AND CONDITIONS OF EMPLOYMENT, SALARY POLICIES, AND SCHEDULES. WRITTEN DOCUMENTATION EXISTS FOR COMPENSATION, BENEFITS, AND ALL PERKS OF THE PRESIDENT. SUCH DOCUMENTATION INCLUDES HIRE INFORMATION, ADJUSTMENT LETTERS, AND, WHERE NECESSARY, INVOICES (E.G., SOCIAL CLUB PAYMENTS). 24950 TUITION REMISSION STUDENT TUITION COSTS X 2 101388 AVG HIGH/LOW AT TRANSFER X OTHER MISCELLANEOUS 2 1398 FMV 0 0 1 PART I, LINE 32B: BLUEFIELD UNIVERSITY HAS AN INVESTMENT TRANSFER ACCOUNT AT A FINANCIAL INSTITUTION. THE UNIVERSITY'S POLICY REGARDING STOCK OR OTHER INVESTMENT GIFTS RECEIVED DICTATES THAT SUCH GIFTS BE DEPOSITED DIRECTLY FROM THE DONOR OR DONOR'S FIDUCIARY TO THIS STOCK TRANSFER ACCOUNT. BLUEFIELD UNIVERSITY'S FINANCIAL INSTITUTION IMMEDIATELY LIQUIDATES THE INVESTMENT, AND THE UNIVERSITY THEN TRANSFERS THE PROCEEDS INTO ITS OPERATING CASH ACCOUNT. FORM 990, PART VI, SECTION B, LINE 11B BLUEFIELD UNIVERSITY'S BOARD OF TRUSTEES RECEIVES THE UNIVERSITY'S FINANCIAL STATEMENT AUDIT PRIOR TO COMPLETION OF THE 990. BLUEFIELD UNIVERSITY'S BOARD OF TRUSTEES BYLAWS DESIGNATE THE UNIVERSITY'S CHIEF FINANCIAL OFFICER AS RESPONSIBLE FOR MAINTAINING ALL FISCAL RECORDS AND SUBMITTING FINANCIAL REPORTS AS NECESSARY. THE BYLAWS ALSO DESIGNATE THE FINANCE COMMITTEE OF THE BOARD AS RESPONSIBLE FOR SUPERVISION CONCERNING ALL FISCAL ASPECTS OF THE UNIVERSITY. THE CHIEF FINANCIAL OFFICER APPRISED THE BOARD'S FINANCE COMMITTEE OF THE UNIVERSITY'S 990 FILING, HIGHLIGHTING INFORMATION AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY THE BOARD CHAIR AND ASSISTANT SECRETARY. THEY ARE MAINTAINED IN AND REVIEWED BY THE PRESIDENT'S OFFICE. ANY ITEMS DISCLOSED ARE DISCUSSED WITH THE BOARD'S EXECUTIVE COMMITTEE AND DISCLOSED TO THE UNIVERSITY'S AUDITORS. EMPLOYEES CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY THE EMPLOYEE'S SUPERVISOR AND THE UNIVERSITY'S HUMAN RESOURCE DIRECTOR. ANY ITEMS DISCLOSED BY EMPLOYEES ARE REVIEWED BY THE PRESIDENT AND RELEVANT UNIVERSITY LEADERSHIP TEAM MEMBERS AS APPROPRIATE. EMPLOYEE CONFLICT OF INTEREST DISCLOSURE FORMS ARE MAINTAINED IN THE HUMAN RESOURCES OFFICE. FORM 990, PART VI, SECTION B, LINE 15 BLUEFIELD UNIVERSITY REFERS TO A SALARY SURVEY BENCHMARK DATA FROM THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES (CCCU) IN ESTABLISHING THE SALARIES OF THE PRESIDENT AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 BLUEFIELD UNIVERSITY DOES NOT ROUTINELY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. INQUIRIES FROM THE PUBLIC FOR THESE DOCUMENTS ARE REVIEWED ON A CASE-BY-CASE BASIS BY THE UNIVERSITY'S LEADERSHIP TEAM TO ENSURE THAT THEY ARE RELEASED ONLY TO SATISFY LEGITIMATE REQUESTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE SPLIT INTEREST AGREEMENTS 89,519. FORM 990, PART XII, LINE2C: THE FINANCE COMMITTEE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HARVEY W PETERS RESEARCH FOUNDATION 500 S MINNESOTA AVE SIOUX FALLS SD 57104 460459671 MANAGEMENT SD 501(C)(3) PF N/A 0 MARION BRADLEY MEMORIAL FOUNDATION 500 S MINNESOTA AVE SIOUX FALLS SD 57104 522285703 MANAGEMENT SD 501(C)(3) PF N/A 0 VIA-BRADLEY COLLEGE OF ENGINEERING FOUNDATION 500 S MINNESOTA AVE SIOUX FALLS SD 57104 522283401 MANAGEMENT SD 501(C)(3) PF N/A 0 VC MEDICAL ENDOWEMENT TRUST 6010 S MINNESOTA SIOUX FALLS SD 57104 476343397 MANAGEMENT SD 501(C)(3) LINE 12D, III-O N/A 0 EDWARD VIA VIRGINIA COLLEGE OF OSTEOPATH 2265 KRAFT DRIVE BLACKSBURG VA 24060 542052107 SCHOOL VA 501(C)(3) LINE 2 HARVEY W PETERS RESEARCH FOUNDATION 0 APPALACHIAN COLLEGE OF PHARMACY 1060 DRAGON RD OAKWOOD VA 24631 260069167 SCHOOL VA 501(C)(3) LINE 2 HARVEY W PETERS RESEARCH FOUNDATION 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0