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TIN: 54-2052107
Form
990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
A
For the 2020 calendar year, or tax year beginning
07-01-2020
, and ending
06-30-2021
B
Check if applicable:
Address change
Name change
Initial return
Final return/terminated
Amended return
Application pending
C
Name of organization
EDWARD VIA VIRGINIA COLLEGE OF
OSTEOPATHIC MEDICINE
Doing business as
Number and street (or P.O. box if mail is not delivered to street address)
2265 KRAFT DRIVE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BLACKSBURG
,
VA
24060
D Employer identification number
54-2052107
E Telephone number
G
Gross receipts $
226,102,054
F
Name and address of principal officer:
DIXIE TOOKE-RAWLINS
2265 KRAFT DRIVE
BLACKSBURG
,
VA
24060
I
Tax-exempt status:
501(c)(3)
501(c)
(
)
(insert no.)
4947(a)(1)
or
527
J
Website:
WWW.VCOM.EDU
H(a)
Is this a group return for
subordinates?
Yes
No
H(b)
Are all subordinates
included?
Yes
No
If "No," attach a list. (see instructions)
H(c)
Group exemption number
K
Form of organization:
Corporation
Trust
Association
Other
L
Year of formation:
2001
M
State of legal domicile:
VA
Part I
Summary
1
Briefly describe the organization’s mission or most significant activities:
TO PROVIDE OSTEOPATHIC MEDICAL EDUCATION, OUTREACH OR MEDICAL SERVICES AND (CONTINUED ON SCH O.) RESEARCH THAT PREPARES PHYSICIANS WHO WILL PROMOTE HUMAN HEALTH IN MEDICALLY UNDERSERVED AREAS.
2
Check this box
3
Number of voting members of the governing body (
Part VI
, line 1a)
........
3
16
4
Number of independent voting members of the governing body (
Part VI
, line 1b)
.....
4
16
5
Total number of individuals employed in calendar year 2020 (
Part V
, line 2a)
......
5
723
6
Total number of volunteers (estimate if necessary)
.............
6
40
7a
Total unrelated business revenue from
Part VIII
, column (C), line 12
........
7a
0
b
Net unrelated business taxable income from Form 990-T, line 39
.........
7b
0
Prior Year
Current Year
8
Contributions and grants (
Part VIII
, line 1h)
.........
108,169,228
113,231,144
9
Program service revenue (
Part VIII
, line 2g)
.........
93,763,667
101,639,961
10
Investment income (
Part VIII
, column (A), lines 3, 4, and 7d )
....
4,520,897
3,679,683
11
Other revenue (
Part VIII
, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
2,618,044
2,642,836
12
Total revenue—add lines 8 through 11 (must equal
Part VIII
, column (A), line 12)
209,071,836
221,193,624
13
Grants and similar amounts paid (
Part IX
, column (A), lines 1–3 )
...
106,984,581
112,396,798
14
Benefits paid to or for members (
Part IX
, column (A), line 4)
.....
0
0
15
Salaries, other compensation, employee benefits (
Part IX
, column (A), lines 5–10)
51,463,966
58,531,846
16a
Professional fundraising fees (
Part IX
, column (A), line 11e)
.....
0
0
b
Total fundraising expenses (
Part IX
, column (D), line 25)
933,859
17
Other expenses (
Part IX
, column (A), lines 11a–11d, 11f–24e)
....
33,099,002
34,283,017
18
Total expenses. Add lines 13–17 (must equal
Part IX
, column (A), line 25)
191,547,549
205,211,661
19
Revenue less expenses. Subtract line 18 from line 12
.......
17,524,287
15,981,963
Beginning of Current Year
End of Year
20
Total assets (
Part X
, line 16)
.............
121,408,046
153,555,131
21
Total liabilities (
Part X
, line 26)
.............
14,766,555
27,375,776
22
Net assets or fund balances. Subtract line 21 from line 20
.....
106,641,491
126,179,355
Part II
Signature Block
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer
Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
Check
if
self-employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions)
..........
Yes
No
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form
990
(2020)
Form 990 (2020)
Page
2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this
Part III
..............
1
Briefly describe the organization’s mission:
THE MISSION OF THE EDWARD VIA COLLEGE OF OSTEOPATHIC MEDICINE IS TO PREPARE GLOBALLY-MINDED, COMMUNITY-FOCUSED PHYSICIANS TO MEET THE NEEDS OF RURAL AND MEDICALLY UNDERSERVED POPULATIONS AND PROMOTE RESEARCH TO IMPROVE HUMAN HEALTH.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
.....................
Yes
No
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
...........................
Yes
No
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a
(Code:
) (Expenses $
166,425,371
including grants of $
112,104,372
) (Revenue $
98,174,505
)
VCOM IS AN OSTEOPATHIC MEDICAL COLLEGE GUIDED BY A MISSION THAT WILL PRODUCE THE PHYSICIANS THIS COUNTRY NEEDS.EDUCATION:AS A MEDICAL SCHOOL, VCOM CONTINUES TO MAKE EXTRAORDINARY PROGRESS TOWARDS IMPROVING HEALTHCARE IN RURAL AMERICA THROUGH THE WORK OF STUDENTS, ALUMNI AND RESEARCH. THE ACCOMPLISHMENTS OF THIS YEAR ARE LANDMARK STEPS IN EDUCATING THE NEXT GENERATION OF PHYSICIANS. VCOM HAS NOW GRADUATED OVER 4,100 PHYSICIANS AND IS THE LARGEST SOURCE OF PHYSICIANS IN THE SOUTHEASTERN UNITED STATES. WHILE VCOM HAS GROWN INTO ONE OF THE LARGEST MEDICAL SCHOOLS IN THE (CONTINUED ON SCH O.) COUNTRY, EACH CAMPUS MAINTAINS THE FEEL OF A SMALL PRIVATE COLLEGE FOR THE STUDENT, WITH A DEDICATED FOCUS ON THE COMMUNITY, STATE, AND MEDICALLY UNDERSERVED REGION THAT THE CAMPUS SERVES.FROM THE ADMISSIONS PROCESS TO GRADUATE MEDICAL EDUCATION PROGRAMS, THE VCOM MISSION FOCUSES ON RURAL AND MEDICALLY UNDERSERVED POPULATIONS IN STUDENT ACADEMIC PROGRAMS AND IN ALUMNI OUTCOMES. THE COMMITMENT TO RURAL HEALTH IS EVIDENT IN THE ADMISSIONS PROCESS, WITH 21% OF OUR STUDENTS COMING FROM RURAL COMMUNITIES OF LESS THAN 10,000 AND 46% FROM COMMUNITIES OF LESS THAN 30,000. DIVERSITY OUTCOMES ALSO DEMONSTRATE THIS COMMITMENT. ACROSS THE FOUR CAMPUSES, VCOM IS A LEADER FOR AFRICAN AMERICAN AND HISPANIC STUDENTS ENROLLED. PRESENTLY 62% OF VCOM GRADUATES NOW WORK IN MEDICALLY UNDERSERVED COMMUNITIES AFTER RESIDENCY AND 67% PRACTICE IN A TARGET AREA IN AN APPALACHIAN OR DELTA COUNTY OR CITY. VCOM'S PROVEN PHILOSOPHY OF TARGETING RECRUITMENT OF STUDENTS MOST LIKELY TO RETURN TO THE REGIONS OF OUR MISSION PROVIDES THE OPPORTUNITY FOR THOSE FROM RURAL AND MEDICALLY UNDERSERVED COMMUNITIES TO BECOME PHYSICIANS IN THOSE AREAS. THE COMPASS THAT GUIDES SUCCESS IS THE STRENGTH OF THIS MISSION AND A VISION FOR HEALTHIER APPALACHIAN AND DELTA REGIONS. IT POINTS TO A FUTURE WHERE EVERY PERSON HAS ACCESS TO GOOD MEDICAL CARE AND GOOD HEALTH, REGARDLESS OF THE SIZE OF THE COMMUNITY WHERE THEY LIVE, THEIR DIVERSE BACKGROUNDS OR THEIR SOCIOECONOMIC STATUS.VCOM'S INITIAL VISION WAS TO PROVIDE HEALTHCARE FOR SOUTHWEST VIRGINIA AND OTHER MEDICALLY UNDERSERVED REGIONS AND THE GREATER APPALACHIAN REGION AND TO PROMOTE JOINT BIOMEDICAL RESEARCH WITH VIRGINIA TECH. UNDER A PUBLIC/PRIVATE PARTNERSHIP BETWEEN VCOM AND VIRGINIA TECH, THE COLLEGE OPENED ITS DOORS TO THE FIRST STUDENTS IN BLACKSBURG, VIRGINIA, IN THE FALL OF 2003 AND GRADUATED ITS FIRST CLASS IN 2007. THE VIRGINIA CAMPUS HAS NOW GRADUATED 2,561 PHYSICIANS.IN 2010, VCOM FOUNDED THE SECOND CAMPUS IN COLLABORATION WITH SPARTANBURG REGIONAL HEALTH SYSTEM TO ADDRESS THE HEALTHCARE SHORTAGES IN THE UPSTATE REGION OF SOUTH CAROLINA. THE FIRST STUDENTS BEGAN THEIR MEDICAL EDUCATION AT VCOM-CAROLINAS IN THE FALL OF 2011, AND THE CAMPUS GRADUATED ITS FIRST CLASS IN 2015. THE COLLEGE HAS THE MOST STUDENTS IN CAROLINAS ENROLLED IN FAMILY MEDICINE RESIDENCIES. THE CAMPUS HAS GRADUATED OVER 1,080 PHYSICIANS.AUBURN UNIVERSITY ADMINISTRATION LEARNED OF THE SUCCESS OF THE VCOM/VT COLLABORATION AND THROUGH A PUBLIC/PRIVATE COLLABORATION, OPENED A VCOM CAMPUS AT AUBURN UNIVERSITY. VCOM-AUBURN'S INAUGURAL CLASS BEGAN IN 2015 AND GRADUATED IN MAY 2019. VCOM AUBURN HAS OVER 457 GRADUATES TO DATE, WITH A LARGE NUMBER COMMITTED TO PRACTICING WITHIN THE STATE WHEN RESIDENCY IS COMPLETED. VCOM AND THE UNIVERSITY OF LOUISIANA MONROE (ULM) FORMED A PUBLIC/PRIVATE PARTNERSHIP AND OPENED ITS FOURTH CAMPUS TO STUDENTS IN 2020. THIS NEW CAMPUS WILL ADDRESS A PHYSICIAN SHORTAGE IN LOUISIANA, WHICH CURRENTLY RANKS 39TH IN THE U.S. FOR PER CAPITA PRIMARY CARE PHYSICIANS. 81% OF THE STATE HAS BEEN DESIGNATED A HEALTH PROFESSIONAL SHORTAGE AREA BY THE LOUISIANA DEPARTMENT OF HEALTH, LEAVING ROOM FOR FUTURE VCOM GRADUATES TO MAKE A REAL DIFFERENCE FOR THE HEALTH OF ITS CITIZENS.
4b
(Code:
) (Expenses $
7,941,405
including grants of $
) (Revenue $
702,671
)
RESEARCH:THE RESEARCH DIVISION AT VCOM SUPPORTS THE SCHOOLS MISSION TO PROMOTE RESEARCH TO IMPROVE HUMAN HEALTH BY ADVANCING RESEARCH COLLABORATION AND OPPORTUNITIES TO DEVELOP AND DISSEMINATE KNOWLEDGE.MEDICAL RESEARCH PROVIDES THE FOUNDATION FOR DISCOVERIES THAT WILL BENEFIT HUMAN AND ANIMAL POPULATIONS AROUND THE WORLD. IT CAN ANALYZE DISEASE TRENDS, RISK FACTORS, PROVIDE NEW TREATMENT OPTIONS, DEVELOP NEW MEDICINES, CREATE OR IMPROVE MEDICAL DEVICES, REDUCE HEALTH CARE COSTS AND PROVIDE NEW DIRECTIONS FOR PATIENT CARE. FOR THOSE SUFFERING FROM DISEASE, IN ONE WORD-RESEARCH PROVIDES HOPE. (CONTINUED ON SCH O.) NEVER BEFORE HAS THIS BEEN MORE EVIDENT OR IN THE SPOTLIGHT GLOBALLY THAN IN 2020 AS THE WORLD FACED NEW UNKNOWNS SURROUNDING THE COVID-19 PANDEMIC.WHILE CARRYING OUT COLLABORATIVE RESEARCH IN THE COVID-19 ENVIRONMENT HAS BEEN CHALLENGING, CREATIVE SOLUTIONS BY FACULTY AND STAFF ALLOWED MANY VCOM PROJECTS THE ABILITY TO CONTINUE UNDER COVID-19 SAFETY RESTRICTIONS. A POSITIVE THAT HAS DEVELOPED AMID ALL THE TRAGEDY RELATED TO THE PANDEMIC IS THAT THE RESEARCH COMMUNITY HAS SEEN THE FEDERAL GOVERNMENT COMMIT CONSIDERABLE RESOURCES AND FUNDING TOWARDS COVID-19 RESEARCH.SINCE THE START OF THE PANDEMIC, FEDERAL AND PRIVATE AGENCIES HAVE BEEN ISSUING RESEARCH FUNDING OPPORTUNITIES FOCUSED ON DIAGNOSING, TREATING AND VACCINATING AGAINST COVID-19 AND ADDRESSING THE PANDEMIC'S IMPACT ON COMMUNITIES AND INDIVIDUALS. VCOM FACULTY AND STUDENTS CONTINUE TO ENGAGE IN A WIDE VARIETY OF RESEARCH INITIATIVES RELEVANT TO THE COVID-19 PANDEMIC, INCLUDING BIOMEDICAL, PUBLIC HEALTH, EPIDEMIOLOGICAL AND MEDICAL EDUCATION RESEARCH TOPICS, PROVIDING KEY DATA AND SERVICES TO COMBAT THE PANDEMIC AND THE ONGOING EFFECT ON COMMUNITIES. VCOM HAS SEEN A NUMBER OF NEW RESEARCH PROJECTS FUNDED BY THESE EFFORTS AND IS PLEASED WITH THE SUCCESS OF RESEARCH DIVISION TEAM MEMBERS.DURING THE MOST RECENT YEAR, VCOM MADE IN EXCESS OF $1 MILLION OF SEED FUNDING AVAILABLE FOR ITS FACULTY AND PRODUCED MORE THAN 120 ACTIVE RESEARCH PROJECTS AT THE COLLEGE. THERE WERE 104 PEER-REVIEWED PUBLICATIONS GENERATED IN 2020, WITH MORE THAN 50 VCOM STUDENTS NAMED AS CONTRIBUTING AUTHORS. IN AGGREGATE, OVER 200 STUDENTS WERE INVOLVED WITH RESEARCH PROJECTS DESPITE PANDEMIC LIMITATIONS.VCOM'S SUCCESSFUL PROGRAM TO ENCOURAGE STUDENT RESEARCH, THE D.O. WITH RESEARCH DISTINCTION PROGRAM, HAS COMPLETED ITS SECOND CYCLE AND CONTINUES TO GROW RAPIDLY. THIS PROGRAM PROVIDES RESOURCES AND TRAINING TO ENCOURAGE STUDENTS TO BECOME CLINICIAN-RESEARCHERS. STUDENTS ACCEPTED INTO THE PROGRAM COMPLETE A DESIGNATED CURRICULUM AND DESIGN AND CONDUCT A RESEARCH PROJECT WITH A FACULTY MENTOR. UPON COMPLETION, STUDENTS ARE AWARDED THE RESEARCH DISTINCTION DEGREE DESIGNATION AT GRADUATION. VCOM AWARDED THE DEGREE TO TWO GRADUATES IN 2020 AND 12 GRADUATES IN MAY OF 2021. THERE ARE NOW 56 STUDENTS ENROLLED IN THE CURRENT PROGRAM.WITHIN OUR CAMPUS COMMUNITIES, LIKELY NO IMPACT OF VCOM RESEARCH EFFORTS WAS FELT MORE IMMEDIATELY AND DIRECTLY TO SO MANY THAN VCOM RESEARCH EFFORTS TO DEVELOP MYHEALTHTRACER. MYHEALTHTRACER IS A WEB-BASED APPLICATION DESIGNED TO TRACK CASES OF COVID-19 AT EACH CAMPUS. SINCE EARLY IN THE PANDEMIC VCOM FACULTY, STAFF AND STUDENTS HAVE USED THE WEB APPLICATION DAILY TO RECORD SIGNS AND SYMPTOMS, POSITIVE TEST RESULTS AND IF USERS HAVE BEEN VACCINATED. THE APPLICATION, WHICH CAPTURES CRITICAL COVID-19 EXPOSURE AND TESTING INFORMATION, HELPS TO PROVIDE ACTIONABLE INFORMATION TO COVID-19 OFFICERS AND ADMINISTRATION. ITS MONITORING OF CONSISTENT PARTICIPANT REPORTING OF HEALTH STATUS, ALONG WITH AUTOMATED OUTBREAK PREDICTION AND NOTIFICATION, HELPED ADMINISTRATION PLAN FOR A RETURN TO NORMALCY AT EACH CAMPUS.
4c
(Code:
) (Expenses $
1,334,932
including grants of $
292,426
) (Revenue $
87,837
)
OUTREACH:AN IMPORTANT PART OF VCOM'S PURPOSE AND MISSION IS ENSURING THAT ITS STUDENTS ARE "GLOBALLY-MINDED [AND] COMMUNITY-FOCUSED." VCOM'S GOAL OF SERVING THE UNDERSERVED DRAWS STUDENTS FROM ALL ACROSS THE UNITED STATES. OUR STUDENTS ARE COMMITTED TO BECOMING PHYSICIANS THAT SERVE THOSE MOST IN NEED. THIS IS PERHAPS MOST VISIBLE IN OUR ONGOING OUTREACH EFFORTS, BOTH IN THE APPALACHIAN AND DELTA REGIONS, AS WELL AS INTERNATIONALLY. THE OUTREACH PROGRAMS BUILT INTO THE CURRICULUM PROVIDE STUDENTS WITH REWARDING SERVICE EXPERIENCES IN SURROUNDING COMMUNITIES AND BEYOND. (CONTINUED ON SCH O.)THESE PROGRAMS ARE DESIGNED TO ADDRESS HEALTHCARE DISPARITIES INCLUDING THOSE RELATED TO RURAL LOCATIONS, MINORITY POPULATIONS, POVERTY AND ACCESS TO PRIMARY CARE. AN EMPHASIS ON THE TEACHING OF PREVENTIVE CARE THROUGH OUTREACH EXPERIENCES ALLOWS VCOM FACULTY AND STUDENTS TO NOT ONLY TREAT PATIENTS, BUT ALSO GUIDE STUDENTS IN IMPROVING THE OVERALL HEALTH OF RURAL AND UNDERSERVED POPULATIONS, REINFORCING THE VCOM MISSION. TO SUPPORT THE STUDENTS' EFFORT TO FULFILL THE MISSION, VCOM WORKS YEAR-ROUND TO DEVELOP PARTNERSHIPS, RESEARCH ENDEAVORS, CLINICAL OPPORTUNITIES AND FACILITY IMPROVEMENTS TO ENSURE STUDENTS AND ALUMNI CAN FOLLOW WHERE THEY ARE LED.MEDICAL OUTREACH EXPERIENCES ARE A KEY COMPONENT IN EDUCATING STUDENTS TO MEET THE HEALTHCARE NEEDS IN CHALLENGING ENVIRONMENTS. THROUGH COMMUNITY OUTREACH, VCOM STUDENTS EXPERIENCE THE IMPACT OF PROVIDING CARE FOR PATIENTS WHO LIVE IN POOR SOCIOECONOMIC CONDITIONS. FROM THE TIME THEY COMMENCE THEIR MEDICAL EDUCATION, VCOM STUDENTS GAIN SKILLS IN PATIENT-CENTERED MEDICINE THROUGH OUTREACH ACTIVITIES IN THE COMMUNITIES AROUND THE CAMPUSES AS WELL AS REGIONALLY. BEGINNING IN THEIR FIRST YEAR, VCOM STUDENTS ARE ACTIVELY INVOLVED IN PUBLIC HEALTH, PARTICIPATING IN LOCAL HEALTH FAIRS, FREE SCREENING EVENTS, COMMUNITY HEALTH CLINICS, PREVENTION EDUCATION PROGRAMS, MINI-MEDICAL SCHOOLS AT RURAL HIGH SCHOOLS AND OTHER LEARNING OPPORTUNITIES WITHIN THE COMMUNITY, ALL WHILE RECEIVING INSTRUCTION FROM EXPERIENCED FACULTY AND STAFF. REGIONAL OUTREACH PROGRAMSMINI-MED SCHOOLS - A CORNERSTONE OF VCOM'S MISSION IS TO TRAIN THE NEXT GENERATION OF PHYSICIANS. "MINI-MEDICAL SCHOOLS," WHICH ALLOW RURAL HIGH SCHOOL STUDENTS A VIEW BEHIND THE SCENES INTO THE LIVES OF MEDICAL STUDENTS, ARE A KEY COMPONENT. VCOM STUDENTS, AS PART OF THEIR APPALACHIAN OUTREACH AND INTERPROFESSIONAL EARLY CLINICAL EXPERIENCES (IECE) TRAINING, ASSIST FACULTY IN CONDUCTING THE PROGRAM 14 FRIDAYS A YEAR. HIGH SCHOOL STUDENTS ROTATE THROUGH SIX STATIONS, EACH STAFFED BY VCOM STUDENTS AND DEDICATED TO A COMMON HEALTH PROBLEM. THE PROGRAM IS DESIGNED TO ENCOURAGE HIGH SCHOOL STUDENTS TO CONSIDER HEALTHCARE AS A POTENTIAL CAREER OPTION.SUMMER ENRICHMENT EXPERIENCE (SEE) - EACH SUMMER, VCOM HOSTS SUMMER CAMPS FOR HIGH SCHOOL STUDENTS, FROM RURAL AREAS AND AT-RISK POPULATIONS, WITH ONE WEEK FOR BOYS AND THE OTHER FOR GIRLS. THE SUMMER ENRICHMENT EXPERIENCE (SEE) IS OFFERED TO RISING SOPHOMORES, JUNIORS AND SENIORS AND PROVIDES THEM WITH AN INTRODUCTION TO HUMAN ANATOMY AND MEDICAL SCIENCE. DESIGNED TO ENCOURAGE STUDENTS TO PURSUE CAREERS IN SCIENCE AND MEDICINE, THE SEE PROGRAM ALSO GIVES THEM AN APPRECIATION OF THE FUNDAMENTALS OF A HEALTHY LIFESTYLE.STEM OPPORTUNITIES FOR YOUTH - SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) ARE ESSENTIAL IN THE WORLD OF TODAY AND TOMORROW. TO PROMOTE INTEREST IN HEALTHCARE CAREERS AND SHARE THEIR EXPERIENCES WITH STUDENTS FROM RURAL AND UNDERSERVED AREAS, VCOM STUDENTS AND FACULTY PROVIDE A NUMBER OF STEM PROGRAMS TO LOCAL SCHOOLS.INTERNATIONAL OUTREACH PROGRAMINTERNATIONAL OUTREACH EFFORTS DISTINGUISH VCOM AS HAVING ONE OF THE NATION'S OUTSTANDING MEDICAL SCHOOL GLOBAL HEALTH PROGRAMS WHILE SUPPORTING THE VISION AND MISSION OF THE COLLEGE. VCOM PROVIDES EXPERIENCE FOR FUTURE PHYSICIANS TO PARTICIPATE IN ONE-WEEK LONG INTERNATIONAL MEDICAL OUTREACH TRIPS FOR SECOND-YEAR STUDENTS AND FACULTY PHYSICIANS, 12 TIMES ANNUALLY. STUDENTS IN THEIR THIRD AND FOURTH YEARS ALSO HAVE AN OPPORTUNITY TO PURSUE INTERNATIONAL CLINCICAL ROTATIONS.WITH FOUR YEAR-ROUND MEDICAL CLINICS AND HOSPITAL AFFILIATIONS IN THE DOMINICAN REPUBLIC, EL SALVADOR AND HONDURAS, COUPLED WITH EDUCATIONAL AFFILIATIONS WITH THE APPALACHIAN SCHOOL OF PHARMACY, THE NURSING PROGRAM AT BLUEFIELD UNIVERSY (AND OTHER PARTNERS), THE VCOM INTERNATIONAL CLINIC SITES PROVIDE A MOST UNIQUE EXPERIENCE. THESE EXPERIENCES FOCUS ON SUSTAINABLE PUBLIC HEALTH, COMMUNITY HEALTH AND INDIVIDUAL PATIENT CARE TO POPULATIONS IN NEED ALLOWING STUDENTS TO BECOME GLOBALLY- MINDED, COMMUNITY-FOCUSED PHYSICIANS. RAPIDLY EXPANDING INTERNATIONAL RESEARCH ALSO PROVIDES STUDENTS AND FACULTY OPPORTUNITIES TO USE APPLIED RESEARCH TO ENHANCE PREVENTION OF DISEASE AND PROMOTION OF BETTER HEALTHCARE PRACTICES. A RECORD 288 VCOM STUDENTS PARTICIPATED IN INTERNATIONAL PROGRAMS DURING THE 2018-19 ACADEMIC YEAR. THESE PROGRAMS OFFER A VARIETY OF OPPORTUNITIES FOR FUTURE PHYSICIANS TO PARTICIPATE IN COLLABORATIVE CLINICAL LEARNING ENVIRONMENTS WHERE THEY MAY CONTRIBUTE TO VCOM'S MISSION THROUGH PATIENT CARE AND PREVENTIVE SERVICES. MEDICAL STUDENTS PARTICIPATING IN THESE TRIPS DEVELOP THE SKILLS TO ADDRESS HEALTHCARE NEEDS IN THE FACE OF POVERTY, ADVERSE ENVIRONMENTAL CONDITIONS AND POLITICAL COMPLEXITY.IN THE WAKE OF COVID-19, INTERNATIONAL OUTREACH TRIPS WERE TEMPORARILY HALTED DURING 2020 FOR THE SAFETY OF VCOM STUDENTS, FACULTY AND STAFF AS WELL AS THE COMMUNITIES SERVED. VCOM CONTINUED TO SUPPORT THE INTERNATIONAL CLINICS THROUGH STUDENT FUNDRAISERS, DONATIONS OF SUPPLIES AND BI-WEEKLY VIDEO CONFERENCE MEETINGS. TO FURTHER CONTINUE SERVING AND HELP PLAY A PART IN COMBATING THE GLOBAL PANDEMIC, VCOM STUDENTS CHANNELED ADDITIONAL OUTREACH EFFORTS TOWARDS THE LOCAL COMMUNITY. OVER THE PAST YEAR, VCOM REGIONAL OUTREACH EFFORTS FOCUSED ON ORGANIZING AND IMPLEMENTING NUMEROUS DONATION DRIVES, DISASTER RELIEF AND COVID-19 VACCINE CLINICS HELD AT CHURCHES, SCHOOLS AND HEALTH CLINICS THOUGHOUT OUR SURROUNDING COMMUNITIES.PLEASE VISIT THE EDWARD VIA COLLEGE OF OSTEOPATHIC MEDICINE (VCOM) WEBSITE AT - WWW.VCOM.EDUFOR A MORE COMPREHENSIVE LOOK AT ALL OF OUR LATEST EDUCATIONAL, RESEARCH AND OUTREACH INITIATIVES THROUGH WHICH VCOM IS CHANGING THE WORLD, PLEASE SEE OUR 2021 ANNUAL REPORT AT: WWW.VCOM.EDU/NEWS-AND-EVENTS/PUBLICATIONS/ANNUAL-REPORTS
(Code:
) (Expenses $
9,559,645
including grants of $
) (Revenue $
5,317,784
)
4d
Other program services (Describe in Schedule O.)
(Expenses $
9,559,645
including grants of $
) (Revenue $
5,317,784
)
4e
Total program service expenses
185,261,353
Form
990
(2020)
Form 990 (2020)
Page
3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A
.....................
1
Yes
2
Is the organization required to complete
Schedule B, Schedule of Contributors
(see instructions)?
...
2
Yes
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?
If "Yes," complete Schedule C,
Part I
.............
3
No
4
Section 501(c)(3) organizations.
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?
If "Yes," complete Schedule C,
Part II
.........
4
Yes
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?
If "Yes," complete Schedule C,
Part III
..
5
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?
If "Yes," complete
Schedule D,
Part I
.........................
6
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
If "Yes," complete Schedule D,
Part II
....
7
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
If "Yes,"
complete Schedule D,
Part III
..............
8
No
9
Did the organization report an amount in
Part X
, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in
Part X
; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D,
Part IV
..............
9
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments?
If "Yes," complete Schedule D,
Part V
......
10
Yes
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in
Part X
, line 10?
If "Yes," complete
Schedule D,
Part VI
.
...................
11a
Yes
b
Did the organization report an amount for investments—other securities in
Part X
, line 12 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VII
.......
11b
Yes
c
Did the organization report an amount for investments—program related in
Part X
, line 13 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VIII
.......
11c
No
d
Did the organization report an amount for other assets in
Part X
, line 15 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part IX
............
11d
Yes
e
Did the organization report an amount for other liabilities in
Part X
, line 25?
If "Yes," complete Schedule D,
Part X
11e
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)?
If "Yes," complete Schedule D,
Part X
11f
Yes
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
12b
Yes
13
Is the organization a school described in section 170(b)(1)(A)(ii)?
If "Yes," complete Schedule E
13
Yes
14a
Did the organization maintain an office, employees, or agents outside of the United States?
.....
14a
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?
If "Yes," complete Schedule F, Parts I and IV
.........
14b
Yes
15
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization?
If “Yes,” complete Schedule F, Parts II and IV
.....
15
Yes
16
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals?
If “Yes,” complete Schedule F, Parts III and IV
...
16
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX
, column (A), lines 6 and 11e?
If "Yes," complete Schedule G,
Part I
(see instructions)
....
17
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII
, lines 1c and 8a?
If "Yes," complete Schedule G,
Part II
............
18
No
19
Did the organization report more than $15,000 of gross income from gaming activities on
Part VIII
, line 9a?
If "Yes," complete Schedule G,
Part III
...................
19
No
20a
Did the organization operate one or more hospital facilities?
If "Yes," complete Schedule H
....
20a
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on
Part IX
, column (A), line 1?
If “Yes,” complete Schedule I, Parts I and II
.....
21
No
Form
990
(2020)
Form 990 (2020)
Page
4
Part IV
Checklist of Required Schedules
(continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX
, column (A), line 2?
If “Yes,” complete Schedule I, Parts I and III
........
22
Yes
23
Did the organization answer "Yes" to
Part VII
, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees?
If "Yes," complete Schedule J
.......................
23
Yes
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?
If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a
...............
24a
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
...
24b
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
...............
24c
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
...
24d
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.
Did the organization engage in an excess benefit transaction with a disqualified person during the year?
If "Yes," complete Schedule L,
Part I
....
25a
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ?
If "Yes," complete Schedule L,
Part I
.......................
25b
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons?
If "Yes," complete Schedule L,
Part II
...........
26
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L,
Part III
.........................
27
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L,
Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor?
If "Yes," complete Schedule L,
Part IV
......................
28a
No
b
A family member of any individual described in line 28a?
If "Yes," complete Schedule L,
Part IV
.....
28b
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b?
If "Yes," complete Schedule L,
Part IV
.....................
28c
No
29
Did the organization receive more than $25,000 in non-cash contributions?
If "Yes," complete Schedule M
..
29
Yes
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?
If "Yes," complete Schedule M
.................
30
No
31
Did the organization liquidate, terminate, or dissolve and cease operations?
If "Yes," complete Schedule N,
Part I
31
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
If "Yes," complete Schedule N,
Part II
........................
32
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?
If "Yes," complete Schedule R,
Part I
............
33
Yes
34
Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule R,
Part II
, III, or IV, and
Part V
, line 1
.........................
34
Yes
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)?
If "Yes," complete Schedule R,
Part V
, line 2
...
35b
Yes
36
Section 501(c)(3) organizations.
Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes," complete Schedule R,
Part V
, line 2
.............
36
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?
If "Yes," complete Schedule R,
Part VI
37
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for
Part VI
, lines 11b and 19?
Note.
All Form 990 filers are required to complete Schedule O.
............
38
Yes
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this
Part V
...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable
..
1a
3,776
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable
.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?
..................
1c
Yes
Form
990
(2020)
Form 990 (2020)
Page
5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
(continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return
..................
2a
723
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note.
If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?
...
3a
No
b
If “Yes,” has it filed a Form 990-T for this year?
If “No” to line 3b, provide an explanation in Schedule O
...
3b
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
..
4a
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
..
5a
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T?
............
5c
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?
...
6a
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?
......................
6b
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
....................
7a
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?
.....
7b
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?
.........................
7c
No
d
If "Yes," indicate the number of Forms 8282 filed during the year
....
7d
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
..
7f
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
......................
7g
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
..........................
7h
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?
........
8
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?
........
9a
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
...
9b
10
Section 501(c)(7) organizations.
Enter:
a
Initiation fees and capital contributions included on
Part VIII
, line 12
...
10a
b
Gross receipts, included on Form 990,
Part VIII
, line 12, for public use of club facilities
10b
11
Section 501(c)(12) organizations.
Enter:
a
Gross income from members or shareholders
.........
11a
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.)
..........
11b
12a
Section 4947(a)(1) non-exempt charitable trusts.
Is the organization filing Form 990 in lieu of Form 1041?
12a
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
.........
Note.
See the instructions for additional information the organization must report on Schedule O.
13a
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans
....
13b
c
Enter the amount of reserves on hand
............
13c
14a
Did the organization receive any payments for indoor tanning services during the tax year?
.....
14a
No
b
If "Yes," has it filed a Form 720 to report these payments?
If "No," provide an explanation in Schedule O
..
14b
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year?
....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income?
..
If "Yes," complete Form 4720, Schedule O.
16
No
Form
990
(2020)
Form 990 (2020)
Page
6
Part VI
Governance, Management, and Disclosure
For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines
8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this
Part VI
..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
16
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
16
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee?
.................
2
Yes
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person?
.
3
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
.
4
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets?
.
5
No
6
Did the organization have members or stockholders?
................
6
Yes
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body?
....................
7a
Yes
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body?
...................
7b
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body?
.......................
8a
Yes
b
Each committee with authority to act on behalf of the governing body?
............
8b
Yes
9
Is there any officer, director, trustee, or key employee listed in
Part VII
, Section A, who cannot be reached at the organization’s mailing address?
If "Yes," provide the names and addresses in Schedule O
.......
9
No
Section B. Policies
(
This Section B requests information about policies not required by the Internal Revenue Code.
)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates?
............
10a
Yes
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
............................
11a
Yes
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990.
.....
12a
Did the organization have a written conflict of interest policy?
If "No," go to line 13
.......
12a
Yes
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
..........................
12b
Yes
c
Did the organization regularly and consistently monitor and enforce compliance with the policy?
If "Yes," describe in Schedule O how this was done
...................
12c
Yes
13
Did the organization have a written whistleblower policy?
...............
13
Yes
14
Did the organization have a written document retention and destruction policy?
.........
14
Yes
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official
...........
15a
Yes
b
Other officers or key employees of the organization
................
15b
Yes
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year?
......................
16a
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements?
............
16b
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
Own website
Another's website
Upon request
Other (explain in Schedule O)
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
CHARLES SWAHA
2265 KRAFT DRIVE
BLACKSBURG
,
VA
24060
(540) 231-7670
Form
990
(2020)
Form 990 (2020)
Page
7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this
Part VII
..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
List all of the organization’s
current
officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
List all of the organization’s
current
key employees, if any. See instructions for definition of "key employee."
List the organization’s five
current
highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
List all of the organization’s
former
officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
List all of the organization’s
former directors or trustees
that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(1)
JOHN G ROCOVICH JR ESQ
......................................................................
CHAIRMAN/TREASURER
1.00
.................
3.00
X
X
0
0
0
(2)
SUE ELLEN ROCOVICH PHD DO
......................................................................
DIRECTOR/SECRETARY
1.00
.................
0.00
X
X
0
0
0
(3)
NICK BRUNO PHD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(4)
ELIZABETH MCCLANAHAN JD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(5)
RAYMOND SMOOT PHD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(6)
ROY E HEATON DO
......................................................................
DIRECTOR
1.00
.................
0.00
X
6,336
0
16,844
(7)
THOMAS BROCK JR MBA
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(8)
JAMES JUSTICE II
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(9)
BRUCE HOLSTEIN
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(10)
JIMMY GIBBS
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(11)
DANIEL A WUBAH PHD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(12)
RJ KIRK JD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(13)
JAY GOGUE PHD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(14)
JAMES H SANFORD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(15)
W HANKS
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(16)
JAMES F WOLFE PHD
......................................................................
DIRECTOR
1.00
.................
0.00
X
0
0
0
(17)
DENNIS BARBOUR
......................................................................
ASSISTANT SECRETARY
1.00
.................
1.00
X
0
0
0
Form
990
(2020)
Form 990 (2020)
Page
8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(18)
DIXIE TOOKE-RAWLINS DO
........................................................................
PRESIDENT/PROVOST
40.00
.......................
0.00
X
609,592
0
47,378
(19)
JAN WILLCOX DO
........................................................................
DEAN
40.00
.......................
0.00
X
392,959
0
40,608
(20)
MATTHEW CANNON DO
........................................................................
DEAN
40.00
.......................
0.00
X
318,502
0
53,024
(21)
ELIZABETH PALMOROZZI DO
........................................................................
DEAN
40.00
.......................
0.00
X
338,983
0
45,837
(22)
RAY MORRISON DO
........................................................................
DEAN
40.00
.......................
0.00
X
342,279
0
53,324
(23)
GUNNAR BROLINSON DO
........................................................................
VICE PROVOST
40.00
.......................
0.00
X
330,712
0
47,994
(24)
CHARLES SWAHA CPA
........................................................................
CHIEF FINANCIAL OFFICER
40.00
.......................
0.00
X
220,181
0
37,838
(25)
BILLY R PRICE
........................................................................
CHIEF OF OPERATIONS
40.00
.......................
0.00
X
265,165
0
39,753
(26)
MARTIN LEVINE DO
........................................................................
VICE PROVOST
40.00
.......................
0.00
X
361,641
0
47,858
(27)
FREDERIC RAWLINS DO
........................................................................
SENIOR ASSOCIATE DEAN
40.00
.......................
0.00
X
337,806
0
34,680
(28)
HAROLD GARNER PHD
........................................................................
ASSOCIATE VICE PROVOST
40.00
.......................
0.00
X
326,084
0
47,858
(29)
THIMOTHY CORVIN MA
........................................................................
VICE PRESIDENT
40.00
.......................
0.00
X
314,686
0
34,024
(30)
JOHN LUCAS DO
........................................................................
SENIOR VICE PRESIDENT
40.00
.......................
0.00
X
277,165
0
44,142
(31)
WILLIAM P KING MBA
........................................................................
VICE PRESIDENT FOR RECRUITMENT
40.00
.......................
0.00
X
214,890
0
28,169
(32)
TIMOTHY KOWALSKI DO
........................................................................
VICE PROVOST PUBLIC AFFAIRS
40.00
.......................
0.00
X
302,167
0
46,121
1b
Sub-Total
................
c
Total from continuation sheets to
Part VII
, Section A
....
d
Total (add lines 1b and 1c)
...........
4,959,148
0
665,452
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization
105
Yes
No
3
Did the organization list any
former
officer, director or trustee, key employee, or highest compensated employee on line 1a?
If "Yes," complete Schedule J for such individual
..............
3
Yes
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000?
If "Yes," complete Schedule J for such
individual
...........................
4
Yes
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization?
If "Yes," complete Schedule J for such person
........
5
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
PRATT & WHITNEY CANADA
1000 BOULMARIE-VICTORIN 01BM5
LONGUEUIL
,
QUEBEC
J4G 1A1
CA
AIRPLANE ENGINE MAINTENANCE
1,483,695
SPARTANBURG REGIONAL
101 E WOOD STREET
SPARTANBURG
,
SC
29303
PRECEPTOR/ DMSE/ SITE COORDINATOR
799,360
EDUCATION MANAGEMENT
436 CREAMERY WAY STE 300
EXTON
,
PA
19341
SIM CENTER ENTERPRISE/ CLOUD SOLUTION
669,889
ANTHOLOGY INC
5201 CONGRESS AVE
BOCA RATON
,
FL
33487
ERP SYSTEM DEVELOPMENT LESS LICENSE FEE
599,452
SCI ELECTRONICS INC
6 SOUTHRIDGE CT
GREENVILLE
,
SC
29607
ELECTRONIC/ AUDIO / VISUAL CONTRACTOR
571,767
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization
23
Form
990
(2020)
Form 990 (2020)
Page
9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this
Part VIII
.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
1a
Federated campaigns
..
1a
b
Membership dues
..
1b
c
Fundraising events
..
1c
d
Related organizations
1d
e
Government grants (contributions)
1e
111,258,982
f
All other contributions, gifts, grants, and similar amounts not included above
1f
1,972,162
g
Noncash contributions included in lines 1a - 1f:$
1g
642,135
h Total.
Add lines 1a-1f
.......
113,231,144
Business Code
2a
TUITION AND FEES
611000
98,174,505
98,174,505
b
SPONSORED RESEARCH
611000
3,465,456
3,465,456
c
d
e
f
All other program service revenue.
g
Total.
Add lines 2a–2f
.....
101,639,961
3
Investment income (including dividends, interest, and other
similar amounts)
......
1,481,043
1,481,043
4
Income from investment of tax-exempt bond proceeds
5
Royalties
...........
(ii) Personal
(i) Real
6a
Gross rents
6a
b
Less: rental expenses
6b
c
Rental income or (loss)
6c
d
Net rental income or (loss)
.......
(ii) Other
(i) Securities
7a
Gross amount from sales of assets other than inventory
7,107,070
7a
b
Less: cost or other basis and sales expenses
4,908,430
7b
c
Gain or (loss)
2,198,640
7c
d
Net gain or (loss)
.........
2,198,640
2,198,640
8a
Gross income from fundraising events (not including $
of contributions reported on line 1c).
See
Part IV
, line 18
....
8a
b
Less: direct expenses
...
8b
c
Net income or (loss) from fundraising events
..
9a
Gross income from gaming activities.
See
Part IV
, line 19
...
9a
b
Less: direct expenses
...
9b
c
Net income or (loss) from gaming activities
..
10a
Gross sales of inventory, less
returns and allowances
..
10a
b
Less: cost of goods sold
..
10b
c
Net income or (loss) from sales of inventory
..
Business Code
Miscellaneous Revenue
11a
MISCELLANEOUS REVENUE
900099
2,642,836
2,642,836
b
c
d
All other revenue
....
e
Total.
Add lines 11a–11d
......
2,642,836
12
Total revenue.
See instructions
.....
221,193,624
104,282,797
0
3,679,683
Form
990
(2020)
Form 990 (2020)
Page
10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this
Part IX
..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of
Part VIII
.
(A)
Total expenses
(B)
Program service
expenses
(C)
Management and
general expenses
(D)
Fundraising
expenses
1
Grants and other assistance to domestic organizations and domestic governments. See
Part IV
, line 21
....
112,104,372
112,104,372
2
Grants and other assistance to domestic individuals. See
Part IV
, line 22
...........
3
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See
Part IV
, lines 15 and 16.
.............
292,426
292,426
4
Benefits paid to or for members
.......
5
Compensation of current officers, directors, trustees, and key employees
...........
2,594,656
684,756
1,909,900
6
Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
.........
7
Other salaries and wages
........
43,244,711
37,863,514
4,762,611
618,586
8
Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions)
....
4,314,271
3,543,471
690,533
80,267
9
Other employee benefits
.......
5,823,394
4,489,170
1,255,667
78,557
10
Payroll taxes
...........
2,554,814
2,089,936
426,637
38,241
11
Fees for services (non-employees):
a
Management
......
b
Legal
.........
91,232
62,417
28,815
c
Accounting
...........
399,444
35
399,409
d
Lobbying
...........
e
Professional fundraising services.
See
Part IV
, line 17
f
Investment management fees
......
378,716
378,716
g
Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
1,139,173
896,701
242,372
100
12
Advertising and promotion
....
1,629,409
295,883
1,261,090
72,436
13
Office expenses
.......
14
Information technology
......
1,648,758
811,536
823,560
13,662
15
Royalties
..
16
Occupancy
...........
12,119,757
10,988,338
1,131,419
17
Travel
............
291,839
194,908
91,967
4,964
18
Payments of travel or entertainment expenses for any federal, state, or local public officials
.
19
Conferences, conventions, and meetings
....
180,665
99,866
75,859
4,940
20
Interest
...........
242,333
242,333
21
Payments to affiliates
.......
22
Depreciation, depletion, and amortization
..
3,267,047
1,564,529
1,702,518
23
Insurance
...
691,133
691,133
24
Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
STUDENT BENEFITS & MISC
4,753,636
4,755,846
-3,847
1,637
b
SUPPLIES
1,658,127
1,092,248
560,318
5,561
c
STUDENT SVC BY OTHER IN
1,621,296
1,621,296
0
0
d
LIBRARY EXPENSES
875,286
874,201
835
250
e
All other expenses
3,295,166
935,904
2,344,604
14,658
25
Total functional expenses.
Add lines 1 through 24e
205,211,661
185,261,353
19,016,449
933,859
26
Joint costs.
Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here
if following SOP 98-2 (ASC 958-720).
Form
990
(2020)
Form 990 (2020)
Page
11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this
Part IX
..............
(A)
Beginning of year
(B)
End of year
1
Cash–non-interest-bearing
........
1
2
Savings and temporary cash investments
.........
8,104,349
2
7,317,927
3
Pledges and grants receivable, net
......
196,179
3
4
Accounts receivable, net
.............
1,264,818
4
1,143,011
5
Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.......
5
6
Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B)
...
6
7
Notes and loans receivable, net
...........
7
8
Inventories for sale or use
............
8
9
Prepaid expenses and deferred charges
......
8,924,747
9
8,163,264
10a
Land, buildings, and equipment: cost or other basis. Complete
Part VI
of Schedule D
10a
53,712,301
b
Less: accumulated depreciation
10b
23,073,039
20,322,942
10c
30,639,262
11
Investments—publicly traded securities
.
11
12
Investments—other securities. See
Part IV
, line 11
.....
66,524,716
12
89,751,512
13
Investments—program-related. See
Part IV
, line 11
..
13
14
Intangible assets
...............
14
15
Other assets. See
Part IV
, line 11
...........
16,070,295
15
16,540,155
16
Total assets.
Add lines 1 through 15 (must equal line 33)
...
121,408,046
16
153,555,131
17
Accounts payable and accrued expenses
.....
7,985,093
17
14,012,481
18
Grants payable
...
18
19
Deferred revenue
.........
1,886,792
19
561,061
20
Tax-exempt bond liabilities
.........
20
21
Escrow or custodial account liability.
Complete
Part IV
of Schedule D
21
22
Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.........
22
23
Secured mortgages and notes payable to unrelated third parties
..
4,894,670
23
12,802,234
24
Unsecured notes and loans payable to unrelated third parties
..
24
25
Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24).
Complete
Part X
of Schedule D
25
26
Total liabilities.
Add lines 17 through 25
..
14,766,555
26
27,375,776
Organizations that follow FASB ASC 958,
check here
and complete lines 27, 28, 32, and 33.
27
Net assets without donor restrictions
..........
101,772,360
27
120,332,503
28
Net assets with donor restrictions
...........
4,869,131
28
5,846,852
Organizations that do not follow FASB ASC 958,
check here
and complete lines 29 through 33.
29
Capital stock or trust principal, or current funds
.....
29
30
Paid-in or capital surplus, or land, building or equipment fund
...
30
31
Retained earnings, endowment, accumulated income, or other funds
31
32
Total net assets or fund balances
...........
106,641,491
32
126,179,355
33
Total liabilities and net assets/fund balances
........
121,408,046
33
153,555,131
Form
990
(2020)
Form 990 (2020)
Page
12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this
Part XI
..............
1
Total revenue (must equal
Part VIII
, column (A), line 12)
............
1
221,193,624
2
Total expenses (must equal
Part IX
, column (A), line 25)
............
2
205,211,661
3
Revenue less expenses. Subtract line 2 from line 1
..............
3
15,981,963
4
Net assets or fund balances at beginning of year (must equal
Part X
, line 32, column (A))
..
4
106,641,491
5
Net unrealized gains (losses) on investments
...............
5
3,555,901
6
Donated services and use of facilities
.................
6
7
Investment expenses
.....................
7
8
Prior period adjustments
.....................
8
9
Other changes in net assets or fund balances (explain in Schedule O)
........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal
Part X
, line 32, column (B))
10
126,179,355
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this
Part XII
.............
Yes
No
1
Accounting method used to prepare the Form 990:
Cash
Accrual
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
b
If "Yes," did the organization undergo the required audit or audits?
If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
Form
990
(2020)
Form 990 (2020)
Additional Data
Software ID:
Software Version:
Form 990, Special Condition Description:
Special Condition Description