Belhaven University

Organization Overview

Belhaven University is located in Jackson, MS. The organization was established in 1945. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Belhaven University employed 1,057 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2021, Belhaven University generated $83.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $60.7m during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BELHAVEN UNIVERSITY (BELHAVEN) IS A CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO EXCELLENCE IN CHRISTIAN HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BELHAVEN UNIVERSITY (BELHAVEN), IS A CHRISTIAN LIBERAL ARTS UNIVERSITY DEDICATED TO EXCELLENCE IN CHRISTIAN HIGHER EDUCATION. BELHAVEN'S RICH LEGACY WITH A CHRISTIAN CURRICULUM IS CENTERED ON THE BIBLICAL WORLDVIEW. THIS UNIQUE WORLDVIEW CURRICULUM SEAMLESSLY INTERTWINES HISTORY, LITERATURE, ART, MUSIC, AND PHILOSOPHY INTO A CHRONOLOGICAL CORE CURRICULUM FOR ALL INCOMING FRESHMEN AND SOPHOMORES. BELHAVEN HAS RECEIVED NATIONAL RECOGNITION FOR ITS ACADEMIC PROGRAMS AND AFFORDABILITY, AND THE COLLEGE HAS EARNED REGIONAL ACCREDITATION BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACS). BELHAVEN IS NATIONALLY ACCREDITED IN ALL FOUR OF THE ARTS: DANCE, MUSIC, THEATRE, AND VISUAL ART. OFFERING 70 AREAS OF STUDY INCLUDING ACADEMIC MAJORS AND CONCENTRATIONS AND A 12:1 STUDENT TO FACULTY RATIO FOR THE TRADITIONAL UNDERGRADUATE PROGRAM, BELHAVEN PROVIDES A CLOSE-KNIT LEARNING COMMUNITY WHERE STUDENTS SEE THE COLLEGE'S VISION AND MISSION LIVED OUT IN THE LIVES OF FACULTY MEMBERS. ACCREDITED ONLINE DEGREE PROGRAMS ARE ALSO AVAILABLE FOR STUDENTS WHO DESIRE DISTANCE LEARNING WITH A CHRISTIAN CURRICULUM. BELHAVEN HAS AN ENROLLMENT OF APPROXIMATELY 6,500 STUDENTS, INCLUDING APPROXIMATELY 5,500 STUDENTS ENROLLED IN ITS NONTRADITIONAL PROGRAM.


AUXILIARY EXPENSES-DORMITORIES, CAFETERIA, VENDING MACHINES, BOOKSTORE AND POST OFFICE.


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Board, Officers & Key Employees

Name (title)Compensation
Roger L Parrott
President
$444,972
David S Tarrant
CFO
$188,369
Bradford M Smith
Provost
$156,600
Audrey J Kelleher
VP For Adult, Grad & Online
$146,448
Kevin Russell
VP For Enrollment & Univ Mktg
$143,768
Scott A Little
VP & Director Of Athletics
$131,565

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Terry Service Inc
Hvac Repairs
$956,323
Mmi Dining Systems
Food Service
$1,147,657
Bm Construction
Construction
$272,069
Business Communications Inc
It Services
$783,151
Ellucian Co Lp
Tech Services
$285,835
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$16,699
Related organizations$0
Government grants $8,173,695
All other contributions, gifts, grants, and similar amounts not included above$17,041,037
Noncash contributions included in lines 1a–1f $15,088,885
Total Revenue from Contributions, Gifts, Grants & Similar$25,231,431
Total Program Service Revenue$57,564,010
Investment income $192,109
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $89,167
Net Gain/Loss on Asset Sales $288,233
Net Income from Fundraising Events -$5,354
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $37,359
Miscellaneous Revenue$0
Total Revenue $83,473,318

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Belhaven University has recieved totaling $40,000.

Awarding OrganizationAmount
Servant Foundation

Overland Park, KS

PURPOSE: EDUCATION

$30,000
Elizabeth Mccarty Edwards Foundation

Jackson, MS

PURPOSE: EVANGELICAL PURPOSES

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,763,768
Earnings$1,442,367
Admin Expense$35,801
Net Contributions$338,222
Grants$172,753
Ending Balance$7,335,803

Peer Organizations

Organization NameAssets
Mississippi College
Clinton, MS
$108,288,963
Lee University
Cleveland, TN
$106,104,009
Union University
Jackson, TN
$89,960,505
Hendrix College
Conway, AR
$79,351,340
Trevecca Nazarene University
Nashville, TN
$78,491,593
Ouachita Baptist University
Arkadelphia, AR
$78,953,450
John Brown University
Siloam Springs, AR
$75,339,651
Carson-Newman University
Jefferson City, TN
$68,450,994
Oakwood University Inc
Huntsville, AL
$65,439,596
Belhaven University
Jackson, MS
$83,473,318
Faulkner University
Montgomery, AL
$67,083,381
Birmingham-Southern College
Birmingham, AL
$47,184,879

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