2026-05-08T07:42:34-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2024-07-01 540506319 MARY BALDWIN UNIVERSITY MARY 5408877000 NEW STREET AND FREDERICK STREET STAUNTON VA 24401 DR TODD TELEMECO PRESIDENT 5408877000 2026-05-07 1 0 MARK WOOLWINE P00647446 5404433606 2026-05-07 2024 2025-03-06 01:10:19Z DR TODD TELEMECO NEW STREET AND FREDERICK STREET STAUNTON VA 24401 60348175 0 X WWW.MARYBALDWIN.EDU X 1842 VA MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES. 26 24 645 0 -3257 0 6140779 7870402 49367383 48732327 1061945 3497961 92225 109037 56662332 60209727 18438864 16827811 0 0 29312260 25548766 0 0 1178000 18319531 17930138 66070655 60306715 -9408323 -96988 77940208 76209090 25187602 24258082 52752606 51951008 X MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES. 0 0 16827811 16827811 SCHOLARSHIPS AND FELLOWSHIPS - THE UNIVESITY AWARDED APPROXIMATELY 1,085 STUDENTS FINANCIAL AID ASSISTANCE THROUGH INSITUTIONAL MEANS. FINANCIAL AID IS FUNDED BY FEDERAL, STATE, PRIVATE AND INSTITUTIONAL MEANS. 33732177 48850882 INSTRUCTIONAL - VARIOUS PROGRAMS SUCH AS TRADITIONAL DEGREES, CONTINUING EDUCATION, SUMMER PROGRAMS, CONSORTIUM AND STUDIES ABROAD TO APPROXIMATELY 2,167 STUDENTS. 50559988 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2525 0 1 645 1 0 0 0 0 0 0 0 0 0 0 X 26 24 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 5408877026 PO BOX 1500 STAUNTON VA 24402 GABRIELLE MCCREE BOARD CHAIR 0.00 X X 0 0 0 ELOISE CHANDLER CO-VICE CHAIR 0.00 X X 0 0 0 CONSTANCE DIERICKX CO-VICE CHAIR 0.00 X X 0 0 0 HAROLD JOHNSON BOARD SECRETARY 0.00 X X 0 0 0 SHOLEH EHDAIVAND-KORNEGAY BOARD TRUSTEE 0.00 X 0 0 0 LORETTA TABB FARRAR BOARD TRUSTEE 0.00 X 0 0 0 HELEN FORSTER BOARD TRUSTEE 0.00 X 0 0 0 WENDY FOSTER BOARD TRUSTEE 0.00 X 0 0 0 CHARLES HEINER BOARD TRUSTEE 0.00 X 0 0 0 ANITA HUDSON-FRALEY BOARD TRUSTEE 0.00 X 0 0 0 SHELLY GOODE BOARD TRUSTEE 0.00 X 0 0 0 MARK LAROSA BOARD TRUSTEE 0.00 X 0 0 0 MIKE MATTHEWS BOARD TRUSTEE 0.00 X 0 0 0 JANE MILLER BOARD TRUSTEE 0.00 X 0 0 0 SUSAN PALMER BOARD TRUSTEE 0.00 X 0 0 0 KAMALA PAYNE ARANGO BOARD TRUSTEE 0.00 X 0 0 0 TIM POWERS BOARD TRUSTEE 0.00 X 0 0 0 JOHN ROGERS III BOARD TRUSTEE 0.00 X 0 0 0 MICHAEL SCHOENFELD BOARD TRUSTEE 0.00 X 0 0 0 ANDREW SHIPP BOARD TRUSTEE 0.00 X 0 0 0 DAVID ANTHONLY SHIPULA BOARD TRUSTEE 0.00 X 0 0 0 DONNA SMITH BOARD TRUSTEE 0.00 X 0 0 0 TRIMBLE BAILEY SPITZER BOARD TRUSTEE 0.00 X 0 0 0 SUE WHITLOCK BOARD TRUSTEE 0.00 X 0 0 0 JEFFREY STEIN PRESIDENT 35.00 X X 324904 0 24264 BRAD SHERIFF INTERIM CFO 35.00 X X 158025 0 0 AMY DIDUCH VP AND DEAN OF COLLEGE OF ARTS & SCIENCES 1.00 X 181919 0 14692 TODD TELEMECO VP AND DEAN OF MDCHS 1.00 X 228884 0 21886 WILLIAM WEBB CHIEF GROWTH OFFICER/SVP & DEAN, PALMER COLLEGE 1.00 X 260707 0 22738 PAUL MENZER PROVOST 1.00 X 249137 0 12620 JENNIFER MCPHERSON PROGRAM DIRECTOR-NAP PROGRAM 1.00 X 275414 0 6714 MARY HARVEY VP OF ADVANCEMENT 1.00 X 211114 0 18105 LIESEL CROSIER VP FOR OIC/INTERIM VPEM 1.00 X 184706 0 20088 KELLY ELMORE ASST. PROFESSOR-DNP PROGRAM 1.00 X 167570 0 10689 EVANGELOS KOBOLAKIS FORMER AVP OF INFORMATION TECH/CIO 1.00 X 156923 0 4143 2399303 0 155939 42 0 1 0 UNIVERSAL PROTECTION SERVICE LP PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICES 496323 BEST PRACTICE SOLUTIONS 111 W JACKSON BLVD SUITE 1700 CHICAGO IL 60604 CONSULTING SERVICES 316487 JANICE ADAMS 6306 ANHINGA PLACE TAMPA FL 33615 CONSULTING SERVICES 142222 3 881848 6988554 6827135 7870402 TUITION AND FEES 611310 42052314 42052314 AUXILIARY SERVICES 611310 6680013 6680013 48732327 617594 -3257 620851 2870849 147966 0 138448 2870849 9518 2880367 9518 2870849 OTHER 611310 109037 109037 109037 60209727 48850882 -3257 3491700 16827811 16827811 610927 433343 177584 20031438 16520258 2922072 589108 45225 45225 3403415 2682680 621177 99558 1457761 1178476 225501 53784 43282 43282 94236 94236 511 511 88000 88000 5430023 4717938 662551 49534 115177 53125 62052 694721 497491 157613 39617 2479886 2069851 337074 72961 547002 498891 39461 8650 1056777 1056777 2469761 2252446 217315 440430 439557 873 OTHER 2057572 964150 1037116 56306 FOOD 1249111 1191764 27322 30025 MAINTENANCE CONTRACTS 1163649 3105 1160544 60306715 50559988 8568727 1178000 2685460 2504506 14122244 12730654 1623226 2501386 28533 19797 77748 111823 326159 435490 91340650 62234540 31413492 29106110 20359057 22532945 6828486 5866825 475803 399554 77940208 76209090 2187463 1480622 164687 160477 3145451 3624757 18804500 18309922 885501 682304 25187602 24258082 X 10710714 10191283 42041892 41759725 52752606 51951008 77940208 76209090 -96988 -704610 0 X X 0 1 X 1 1 1 X 8103737 29240466 8363181 6140779 7870402 59718565 8103737 29240466 8363181 6140779 7870402 59718565 59718565 383979 331504 422977 582636 617594 2338690 133746 98415 150382 92225 109037 583805 62641060 0.95330 0.95290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 0 0 1 511 511 0 0 33785553 369893 2689865 1507456 436170 34901685 36621111 678174 3736268 788131 6461869 33785553 33702836 2046015 2622260 807871 942129 36621111 34159280 4384206 -3799557 519377 521716 33702836 30808446 1302731 3998103 873035 1076965 34159280 0.17540 0.82460 0 0 4149381 4149381 65393529 45974251 19419278 4302863 3077266 1225597 16323452 12862424 3461028 1171425 320599 850826 29106110 ALTERNATIVE INVESTMENTS 4548053 F REAL ASSETS 26750 F MONEY MARKET FUNDS 1292022 F 5866825 OPERATING LEASE RIGHT-OF-USE LIABILITY 143314 FINANCE LEASE LIABILITIES 538990 682304 42589306 -704610 -704610 43293916 88000 16827811 16915811 60209727 43390904 0 43390904 88000 16827811 16915811 60306715 PART III, LINE 1A: THE UNIVERSITY OWNS A LIMITED NUMBER OF MODERATELY VALUABLE ITEMS OF ART THAT ARE DISPLAYED THROUGHOUT THE CAMPUS. THESE ITEMS ARE USED AS AN EXAMPLE OF STYLES AND PERIOD ART IN FURTHERANCE OF THE UNIVERSITY'S FINE ARTS PROGRAM. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 16,827,811. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 16,827,811. SCHEDULE D, PART III, LINE 4 THE UNIVERSITY OWNS A LIMITED NUMBER OF MODERATELY VALUABLE ITEMS OF ART THAT ARE DISPLAYED THROUGHOUT THE CAMPUS. THESE ITEMS ARE USED AS AN EXAMPLE OF STYLES AND PERIOD ART IN FURTHERANCE OF THE UNIVERSITY'S FINE ARTS PROGRAM. SCHEDULE D, PART V, LINE 4 THE PRINCIPAL WILL BE HELD IN PERPETUITY AND THE INCOME AND GAINS WILL BE SPENT TO SUPPORT THE RESTRICTED PURPOSE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MARY BALDWIN UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND FROM FOREIGN COUNTRIES. THE UNIVERSITY FOLLOWS A NONDISCRIMINATORY POLICY AND HAS COMPLIED WITH SECTION 4.02 OF THE INTERNAL REVENUE PROCEDURE 75-50. THIS POLICY IS PUBLISHED IN THE UNIVERSITY CATALOG, VARIOUS BROCHURES AND STATE AND LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL WORK STUDY, SEOG, AND A DISTRIBUTION FROM THE STATE OF VIRGINIA FOR THE VWIL PROGRAM. 1 SEOG 303 137755 INSTITUTIONAL FINANCIAL AID 782 16690056 SCHEDULE I, PART I, LINE 2 THE OFFICE OF FINANCIAL AID AWARDS STUDENT AID BASED ON ENROLLMENT, NEED BASED ON THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FASFA) AND THE ABILITY TO MEET CERTAIN DONOR SPECIFIED CRITERIA. X X 1 1 0 0 0 0 0 0 0 0 0 JEFFREY STEIN PRESIDENT 324904 0 0 0 0 0 6037 0 18227 0 349168 0 0 0 WILLIAM WEBB CHIEF GROWTH OFFICER/SVP & DEAN, PAL 260707 0 0 0 0 0 4800 0 17938 0 283445 0 0 0 JENNIFER MCPHERSON PROGRAM DIRECTOR-NAP PROGRAM 275414 0 0 0 0 0 5750 0 964 0 282128 0 0 0 PAUL MENZER PROVOST 249137 0 0 0 0 0 4400 0 8220 0 261757 0 0 0 TODD TELEMECO VP AND DEAN OF MDCHS 228884 0 0 0 0 0 4213 0 17673 0 250770 0 0 0 MARY HARVEY VP OF ADVANCEMENT 211114 0 0 0 0 0 4057 0 14048 0 229219 0 0 0 LIESEL CROSIER VP FOR OIC/INTERIM VPEM 184706 0 0 0 0 0 3410 0 16678 0 204794 0 0 0 AMY DIDUCH VP AND DEAN OF COLLEGE OF ARTS & SCI 181919 0 0 0 0 0 3333 0 11359 0 196611 0 0 0 KELLY ELMORE ASST. PROFESSOR-DNP PROGRAM 167570 0 0 0 0 0 2975 0 7714 0 178259 0 0 0 EVANGELOS KOBOLAKIS FORMER AVP OF INFORMATION TECH/CIO 156923 0 0 0 0 0 3500 0 643 0 161066 0 0 0 BRAD SHERIFF INTERIM CFO 158025 0 0 0 0 0 0 0 0 0 158025 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY IS PROVIDED WITH ON CAMPUS HOUSING AND CLEANING STAFF X 13 159349 AVG HIGH/LOW X OTHER 4 2070 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT OF THE FOOD SERVICE AREA IS PERFORMED BY A COMPANY THAT SPECIALIZES IN THAT AREA. FORM 990, PART VI, SECTION A, LINE 8B THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF ON THE GOVERNING BODY. MINUTES FOR EXECUTIVE COMMITTEE MEETINGS ARE NOT KEPT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL SUPPORTING SCHEDULES AND STATEMENTS ARE PROVIDED TO THE BOARD ELECTRONICALLY BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST CERTIFICATION EACH YEAR. THESE CERTIFICATIONS ARE REVIEWED BY THE PRESIDENT AND THE CHAIR OF THE BOARD OF TRUSTEES FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD IS PROVIDED WITH COMPENSATION SURVEYS AND DATA COLLECTED FROM OTHER INSTITUTIONS THAT SHARE THE UNIVERSITY'S BUDGET LEVELS AND PLANNING GOALS. FORM 990, PART VI, SECTION C, LINE 18 MARY BALDWIN UNIVERSITY'S IRS FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDE-STAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE UNIVERSITY ARE AVAILABLE UPON REQUEST. EACH REQUEST WILL BE EVALUATED ON AN INDIVIDUAL BASIS FOR MERIT. PART XII, LINE 2C NO CHANGES IN THE PROCESS FROM PRIOR YEAR.