| FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES |
DESCRIPTION GRANTS EXPENSES REVENUE OTHER RESEARCH & PUBLIC SERVICES 9,559,645 5,317,784 TOTALS 9,559,645 5,317,784 |
| FORM 990, PART VI, SECTION A, LINE 2 |
TWO BOARD MEMBERS, JOHN G. ROCOVICH AND SUE ELLEN ROCOVICH ARE SPOUSES, AND THE PRESIDENT, DR. DIXIE TOOKE-RAWLINS AND A VICE PROVOST, FREDERIC RAWLINS, ARE SPOUSES. MOREOVER, A BOARD MEMBER/OFFICER, JOHN G. ROCOVICH, AND ANOTHER OFFICER, DENNIS BARBOUR, ARE PARTNERS AT THE SAME LAW FIRM. |
| FORM 990, PART VI, SECTION A, LINE 6 |
THE BOARD IS COMPRISED OF 15 DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A |
ALL DIRECTORS SHALL BE APPOINTED, FROM TIME TO TIME, BY THE SOLE MEMBER, THE HARVEY W. PETERS RESEARCH FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE BOARD REVIEWED A DRAFT OF THE FORM 990 DURING A BOARD MEETING ON 12/2/2021 AND SUBSEQUENTLY REVIEWED CHANGES PRIOR TO FILING. CHARLES SWAHA, CFO, AND DIXIE TOOKE-RAWLINS, PROVOST AND PRESIDENT, REVIEWED THE DRAFT OF THE FORM 990 IN ADVANCE OF THE BOARD MEETING AND DISCUSSED QUESTIONS AND PROPOSED MODIFICATIONS WITH THE TAX RETURN PREPARER, WHO SUBSEQUENTLY UPDATED THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C |
OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE, SIGN AND DATE A CONFLICT OF INTEREST STATEMENT IDENTIFYING POSSIBLE CONFLICTS OF INTEREST. THE CFO INITIATES AN ANNUAL SURVEY EVERY SPRING FOR BOARD MEMBERS. THE FORMS ARE COLLECTED AND REVIEWED BY THE CFO FOR ANY POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 |
EDWARD VIA VIRGINIA COLLEGE OF OSTEOPATHIC MEDICINE (VCOM) INTENDS TO PERFORM A SALARY SURVEY EVERY THREE YEARS. A SALARY SURVEY WAS COMPLETED LAST FISCAL YEAR. HUMAN RESOURCES LEADERSHIP ANALYZES DATABASES WITH SALARY INFORMATION (E.G. VIRGINIA TECH AND OTHER PUBLIC UNIVERSITIES) AND REVIEWS SIMILAR SCHOOLS' FORM 990S IN GUIDESTAR. THEY ALSO REVIEW A SURVEY CONDUCTED BY THE ASSOCIATION OF AMERICAN MEDICAL COLLEGES. THE DELIVERABLE PRODUCED IS A REPORT BY POSITION WHICH INCLUDES A SALARY RECOMMENDATION WITH COMPARISON TO DATA FOUND DURING THE SURVEY. THE REPORT IS REVIEWED BY THE PROVOST AND PRESIDENT. THE BOARD REVIEWS SALARIES OF KEY EMPLOYEES. THE BOARD APPROVES AND REVIEWS SALARIES OF THE PRESIDENT AND PROVOST AND CAMPUS DEANS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
REQUESTS WILL BE EVALUATED BY EXECUTIVE MANAGEMENT OF THE COLLEGE. REQUESTS FOR A VALID BUSINESS PURPOSE GENERALLY ARE HONORED. MOST FINANCIAL INFORMATION IS AVAILABLE IN THE FORM 990. |
| FORM 990, PART VIII, LINE 1E: |
LINE 1E REPRESENTS FEDERAL FINANCIAL AID RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION. |
Attach to Form 990 or 990-EZ.