Civic Intelligence

Hampton University

990 • Fiscal year 2019 • EIN 54-0505990

Jul 01, 2018 to Jun 30, 2019 • Filed on May 15, 2020

Organization ProfileWWW.HAMPTONU.EDU

View Organization Page

200 William R Harvey WayHampton, VA 23668

(757) 727-5213

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.27x

Higher debt load relative to assets than 46% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

1.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Net Margin

57th percentile

6.2%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

56th percentile

$986,042

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Asset Growth

28th percentile

0.9%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-5.2%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$785,380,790

Up $6,634,517 (+0.9%) from 2018

Net Assets

Up

$570,819,605

Up $14,832,983 (+2.7%) from 2018

Liabilities

Down

$214,561,185

Down $8,198,466 (-3.7%) from 2018

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin57th percentile

Revenue

Down

$202,036,791

Down $10,984,957 (-5.2%) from 2018

Expenses

Up

$189,492,542

Up $6,380,185 (+3.5%) from 2018

Net Income

Down

$12,544,249

Down $17,365,142 (-58%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0B$500M$0Assets 2010: $647,560,316Liabilities 2010: $270,491,681Net Assets 2010: $377,068,6352010Assets 2011: $694,161,356Liabilities 2011: $278,930,710Net Assets 2011: $415,230,6462011Assets 2012: $704,745,249Liabilities 2012: $280,028,096Net Assets 2012: $424,717,1532012Assets 2013: $717,076,637Liabilities 2013: $272,353,419Net Assets 2013: $444,723,2182013Assets 2014: $745,312,279Liabilities 2014: $260,123,531Net Assets 2014: $485,188,7482014Assets 2015: $733,361,256Liabilities 2015: $247,711,371Net Assets 2015: $485,649,8852015Assets 2016: $718,822,876Liabilities 2016: $235,671,008Net Assets 2016: $483,151,8682016Assets 2017: $751,632,348Liabilities 2017: $230,574,010Net Assets 2017: $521,058,3382017Assets 2018: $778,746,273Liabilities 2018: $222,759,651Net Assets 2018: $555,986,6222018Assets 2019: $785,380,790Liabilities 2019: $214,561,185Net Assets 2019: $570,819,6052019Assets 2020: $779,168,098Liabilities 2020: $204,832,961Net Assets 2020: $574,335,1372020Assets 2021: $893,877,520Liabilities 2021: $164,707,869Net Assets 2021: $729,169,6512021Assets 2022: $891,896,119Liabilities 2022: $158,213,151Net Assets 2022: $733,682,9682022Assets 2023: $883,846,859Liabilities 2023: $154,516,355Net Assets 2023: $729,330,5042023Assets 2024: $864,544,695Liabilities 2024: $185,568,677Net Assets 2024: $678,976,0182024

Highlighted filing

2019

Assets$785,380,790
Liabilities$214,561,185
Net Assets$570,819,605
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $141,813,0402010Expenses 2011: $140,141,7602011Expenses 2012: $161,245,0512012Expenses 2013: $163,704,8482013Revenue 2014: $169,223,018Expenses 2014: $150,995,736Net Income 2014: $18,227,2822014Revenue 2015: $168,437,750Expenses 2015: $159,558,220Net Income 2015: $8,879,5302015Revenue 2016: $170,985,690Expenses 2016: $161,141,132Net Income 2016: $9,844,5582016Revenue 2017: $202,278,343Expenses 2017: $184,065,720Net Income 2017: $18,212,6232017Revenue 2018: $213,021,748Expenses 2018: $183,112,357Net Income 2018: $29,909,3912018Revenue 2019: $202,036,791Expenses 2019: $189,492,542Net Income 2019: $12,544,2492019Revenue 2020: $206,010,995Expenses 2020: $186,364,893Net Income 2020: $19,646,1022020Revenue 2021: $270,327,094Expenses 2021: $171,585,436Net Income 2021: $98,741,6582021Revenue 2022: $241,045,941Expenses 2022: $194,863,684Net Income 2022: $46,182,2572022Revenue 2023: $197,393,064Expenses 2023: $212,786,790Net Income 2023: -$15,393,7262023Revenue 2024: $204,439,563Expenses 2024: $240,073,296Net Income 2024: -$35,633,7332024

Highlighted filing

2019

Revenue$202,036,791
Expenses$189,492,542
Net Income$12,544,249
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 15, 2020
Return Version
2018v3.1
Gross Receipts
$284,372,606
Mission and Program Overview

Mission

Hampton university is a comprehensive institution of higher education, dedicated to the promotion of learning, building of character and preparation of promising students for positions of leadership and service. Its curriculum emphasis is scientific and professional with a strong liberal arts undergirding. In carrying out its mission, the university requires that everything that it does be of the highest quality. Research and public service are integral parts of hampton's mission. In order to enhance scholarship and discovery, faculty are engaged in writing, research, and grantsmanship. Faculty, staff and students provide leadership and service to the university as well as the global community. In achieving its mission, hampton university offers exemplary programs and opportunities which enable students, faculty and staff to grow, develop and contribute to our society in a productive, useful manner.

Hampton university is a comprehensive institution of higher education, dedicated to the promotion of learning, building of character, and the preparation of promising students for positions of leadership and service. Its curricular emphasis is scientific and professional with strong liberal arts undergirding. In carrying out its mission, the university requires that everything that it does be of the highest quality. A historically black institution, hampton university is committed to multiculturalism. The university serves students from diverse national, cultural, and economic backgrounds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$408,613,295$418,008,561▲ $9,395,266
Investments Other Securities$172,673,435$164,871,560▼ $7,801,875
Investments in Publicly Traded Securities$130,659,249$137,965,513▲ $7,306,264
Cash and Non-Interest-Bearing Accounts$14,146,973$15,899,669▲ $1,752,696
Pledges and Grants Receivable$18,842,295$15,537,702▼ $3,304,593
Other Notes and Loans Receivable, Net$10,881,557$9,882,321▼ $999,236
Accounts Receivable$9,740,625$9,252,165▼ $488,460
Prepaid Expenses and Deferred Charges$6,420,309$7,182,671▲ $762,362
Savings and Temporary Cash Investments$6,768,535$6,780,628▲ $12,093
Total Assets$778,746,273$785,380,790▲ $6,634,517
Liabilities
Tax Exempt Bond Liabilities$169,237,802$161,676,634▼ $7,561,168
Deferred Revenue$19,361,819$22,125,103▲ $2,763,284
Accounts Payable and Accrued Expenses$19,910,024$16,810,309▼ $3,099,715
Other Liabilities$7,023,173$7,132,079▲ $108,906
Mortgage Notes Payable Secured by Investment Property$7,226,833$6,817,060▼ $409,773
Total Liabilities$222,759,651$214,561,185▼ $8,198,466
Net Assets / Fund Balance
Unrestricted Net Assets$482,169,274$494,498,823▲ $12,329,549
Permanently Rstr Net Assets$59,501,515$76,320,782▲ $16,819,267
Temporarily Rstr Net Assets$14,315,833$0▼ $14,315,833
Total Net Assets Fund Balance$555,986,622$570,819,605▲ $14,832,983
Total Liabilities and Net Assets / Fund Balance$778,746,273$785,380,790▲ $6,634,517

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$287,086,916$204,852,162$491,939,078
Equipment$114,053,179$94,603,547$208,656,726
Other Land Buildings$12,345,576-$12,345,576
Land$4,522,890-$4,522,890
Other Securities$4,642,258--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$295,394,705$1,435,057▲ $13,198,128$18,776,815$291,251,075
2017$285,946,443$1,522,612▲ $17,175,650$9,250,000$295,394,705
2016$259,112,049$2,233,478▲ $32,111,203$7,510,287$285,946,443
2015$310,130,259$1,288,208▼ $7,259,134$45,047,284$259,112,049
2014$332,077,910$742,227▲ $2,310,122$25,000,000$310,130,259
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr William R HarveyPresidentFT$514,949$471,093$986,042
Dr Michael MccormickResearch ProfessorFT$287,740$66,497$354,237
Dr James M RussellResearch ProfessorFT$267,814$61,892$329,706
Vahagn NazaryanExecutive DirectorFT$194,501$44,949$239,450
Joann W HaysbertChancellor and ProvostFT$190,524$44,030$234,554
Paul HarrisSenior Vice PresidentFT$182,052$42,072$224,124
Mrs Doretha J SpellsVice President for Business Affairs and TreasurerFT$159,633$36,891$196,524
Mrs Doretha J SpellsVice President for Business Affairs-$159,633$36,891$196,524
Attorney Faye Hardy-lucasVice President and General CounselFT$136,662$31,583$168,245
Dr Martha Jallim HallBoard Member and Associate ProfessorFT$71,548$16,535$88,083

Board Members and Trustees

NameTitle
Mr Calvin L Butts JrBoard Member
Mr Charles a HarveyBoard Member
Mr Derek R LewisBoard Member
Mr Ed Buddy David EsqBoard Member
Mr James T GeorgeBoard Member
Mr Kenneth Rioland IiiBoard Member
Mr Michael D ArmstrongBoard Member
Mr R Marshall MerrimanBoard Member
Mr Sashi Brown EsqBoard Member
Mr Wesley a ColemanBoard Member
Mrs Andrea M WeissBoard Member
Mrs Leslie Dj PattersonBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Adrian Builders Group LLCRenovations / Repairs213 FIRST COLONIAL ROAD STE 119, Virginia Beach, VA 23454$10,814,086
Gourmet Services INCFood Service82 PIEDMONT AVE NE, Atlanta, GA 30303$9,103,720
Armada Hoffler Construction CompanyConstruction / Repairs249 CENTRAL PARK AVE STE 300, Virginia Beach, VA 23462$5,472,573
Damuth Trane CompanyHvac Parts And Supplies / RepairPO BOX 6276, Chesapeake, VA 23323$3,167,113
Papco Oil CompanyOil / Gas / Diesel4920 SOUTHERN BLVD, Virginia Beach, VA 23462$1,812,050
Revenue and Support

Revenue Composition

Contributions and Grants
$48,954,066
Program Service Revenue
$138,985,802
Investment Income
$14,811,054
Other Revenue
$-714,131
All Other Contributions
$20,750,275
Change in Net Assets
$12,544,249

Audited Revenue Reconciliation

Revenue per Audited Statements
$202,036,791
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,453,635
Total Revenue per Audited Statements
$204,490,426
Total Revenue per Form 990
$202,036,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,577,086
Salaries, Compensation, and Employee Benefits$67,473,141
Grants and Similar Amounts Paid$1,442,315
Total Fundraising Expense$358,415
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,688,238$9,480,901$266,353$50,435,492
Depreciation Depletion$15,477,632$3,606,494-$19,084,126
Office Expenses$14,967,228$3,487,563$54,644$18,509,435
Occupancy$11,440,135$2,665,704-$14,105,839
Payroll Taxes$9,580,978$2,232,514-$11,813,492
Interest$5,048,055$1,176,264-$6,224,319
Fees for Services Other$3,409,896$794,551-$4,204,447
Other Employee Benefits$3,226,836$751,896$12,633$3,991,365
Travel$3,173,053$739,364$24,785$3,937,202
Information Technology$2,135,792$497,668-$2,633,460
Insurance$1,989,296$463,536-$2,452,832
Fees for Services Legal$1,189,337$277,134-$1,466,471
Grants to Domestic Individuals$1,442,315--$1,442,315
Current Officers, Directors, Trustees, and Key Employees$999,821$232,971-$1,232,792
All Other Expenses$311,408$72,562-$383,970
Advertising$261,863$61,018-$322,881
Other Expenses$244,586$56,992-$301,578
Total Functional Expenses$153,651,318$35,482,809$358,415$189,492,542

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$189,657,443
Expenses per Audited Statements$189,492,542
Total Expenses per Form 990$189,492,542
Expenses Not Reported on Form 990$164,901
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$65,941,578

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
UnidentifiedInvestment-00$65,941,578
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investment-00-
East Asia and the PacificInvestment-00-
Europe (including Iceland & Greenland)Investment-00-
Middle East and North AfricaInvestment-00-
North AmericaInvestment-00-
South AsiaInvestment-00-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$205,350
Fundraising Direct Expenses$164,901
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala of Hope$416,969$205,350$64,309$141,041
Total Events$416,969$205,350$164,901$40,449
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Norma HarveyFirst LadyFor Services Rendered by Her Directly for the Benefit of the University for Events and Related Duties as First LadyNo$40,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Refundable$7,132,079

Bond Issues

BondIssuerIssuedIssue PricePurpose
BVirginia Small Business Financing Authority - 2014 Series2014-11-26$115,090,000To refinance 2008 and 2009 series
AHistorically Black Colleges and Universities Capital Financing Program-20132013-05-31$57,604,377To legally defease 2009 series bonds
CVirginia College Building Authority Refunding Revenue Bonds - 2015 Series2015-07-23$14,240,000To refinance 2005 series educational facilities revenue and refunding bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$115,090,000$114,442,838$12,050,000$647,162
A$57,604,377$53,213,905$9,159,736$941,500
C$14,240,000$14,240,000$8,894,100-

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The audit committee of the board of trustees reviews the form 990 prior to its submission at their scheduled meeting. They receive a copy in advance of the meeting.”

Form 990, Part VI, Section B, Line 12C

“This policy is reviewed by a committee appointed by the provost for violations of, or requests for exceptions. If violations to these standards are found, officers, employees or agents will be subject to disciplinary actions as recommended by the committee. Disciplinary actions may include letters of reprimand, suspensions, or termination of employment. The review process is to be completed within 30 days and a written recommendation made to the provost at that time.”

Form 990, Part VI, Section B, Line 15

“The board reviews the current salary, compares to comparables, and approves a yearly salary increase.”

Form 990, Part VI, Section C, Line 19

“Copies are provided upon request and or inspection in the comptroller's office”

Filing and Contact Details

Filer

Filer Name
Hampton University
EIN
54-0505990
Phone
7577275213
Address
200 WILLIAM R HARVEY WAY, HAMPTON, VA 23668

Signing Officer

Name
Doretha J Spells
Title
Treasurer
Phone
7577275213
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doretha J Spells
Formed
1868
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
701 TOWN CENTER DRIVE, NEWPORT NEWS, VA 23606
Preparer
Hugh Barlow
Phone
7578731033
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Hampton university has an audit committee that assumes responsibility for oversight of the audit of its financial statements and is charged with selection of an independent accountant. There has been no change in the process from prior years.”

Financial Statement Notes

PART III, LINE 1A:

“The university has extensive collections of works of art, historical treasures, and similar assets along with library materials, including books, periodicals, and other items. These collections are maintained and held for research, education, and public exhibition in furtherance of public service. Proceeds from any sales of collections are used to acquire other items for collections. The cost of collections purchased by the university is charged to expense in the year purchased and donated collection items are not recorded. The value of the university's collection has not been determined.”

PART III, LINE 4:

“In 2008, the hampton university museum and archives was one of 10 institutions and individuals recognized and honored as virginia's best artistic and cultural innovators. The museum received an original work of art as its reward and was honored at a ceremony held by governor kaine in richmond.”

PART V, LINE 4:

“The primary objectives for the endowment funds shall be: 1) to maximize the long run total return on the funds entrusted to the endowment consistent with prudent investment practice. Specifically, the goal will be to earn a real return with inflation adjusted of at least 5% over the long term. 2) to provide a reliable source of operating funds to the university.”

PART X, LINE 2:

“Tax positions are recognized or derecognized based on a more-likely-than-not threshold. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which change in judgment occurs. This applies to positions taken or expected to be taken in a tax return. The university recognizes interest accrued related to unrecognized tax benefits and penalties related to unrecognized tax benefits in accounts payable and accrued liabilties, if assessed. No interest expense or penalties have been recognized as of and for the years ended june 30, 2019 and 2018. The university does not believe its consolidated financial statements include (or reflect) any uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses reclassed from expense to net revenue 164,901.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense reclassed to net revenue 164,901.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ContractorCompensationGrp/ServicesDesc1FOOD SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc2CONSTRUCTION / REPAIRS
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IRS990/ContractorCompensationGrp/ServicesDesc4OIL / GAS / DIESEL
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IRS990/Desc0INSTRUCTIONAL AND DEPARTMENTAL RESEARCH - THE EDUCATIONAL GOALS SET UP FOR OUR STUDENTS ARE THROUGH VARIOUS INSTRUCTIONAL DIVISIONS AND DEPARTMENTAL RESEARCH.
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IRS990/Form990PartVIISectionAGrp/PersonNm1MR MICHAEL D ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm2MR SASHI BROWN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm3MR CALVIN L BUTTS JR
IRS990/Form990PartVIISectionAGrp/PersonNm4MR WESLEY A COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5MR ED BUDDY DAVID ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm6MR JAMES T GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm7DR MARTHA JALLIM HALL
IRS990/Form990PartVIISectionAGrp/PersonNm8MR CHARLES A HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm9MR DEREK R LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm10MR R MARSHALL MERRIMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11MRS LESLIE DJ PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MR KENNETH RIOLAND III
IRS990/Form990PartVIISectionAGrp/PersonNm13MRS ANDREA M WEISS
IRS990/Form990PartVIISectionAGrp/PersonNm14MRS DORETHA J SPELLS
IRS990/Form990PartVIISectionAGrp/PersonNm15ATTORNEY FAYE HARDY-LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm16DR JAMES M RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm17DR MICHAEL MCCORMICK
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IRS990/Form990PartVIISectionAGrp/PersonNm19JOANN W HAYSBERT
IRS990/Form990PartVIISectionAGrp/PersonNm20PAUL HARRIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19190524
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20182052
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER AND ASSOCIATE PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT FOR BUSINESS AFFAIRS AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT AND GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt16RESEARCH PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17RESEARCH PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHANCELLOR AND PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt20SENIOR VICE PRESIDENT
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IRS990/InformationTechnologyGrp/ProgramServicesAmt02135792
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IRS990/InsuranceGrp/ManagementAndGeneralAmt0463536
IRS990/InsuranceGrp/ProgramServicesAmt01989296
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0HAMPTON UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION, DEDICATED TO THE PROMOTION OF LEARNING, BUILDING OF CHARACTER AND PREPARATION OF PROMISING STUDENTS FOR POSITIONS OF LEADERSHIP AND SERVICE. ITS CURRICULUM EMPHASIS IS SCIENTIFIC AND PROFESSIONAL WITH A STRONG LIBERAL ARTS UNDERGIRDING. IN CARRYING OUT ITS MISSION, THE UNIVERSITY REQUIRES THAT EVERYTHING THAT IT DOES BE OF THE HIGHEST QUALITY. RESEARCH AND PUBLIC SERVICE ARE INTEGRAL PARTS OF HAMPTON'S MISSION. IN ORDER TO ENHANCE SCHOLARSHIP AND DISCOVERY, FACULTY ARE ENGAGED IN WRITING, RESEARCH, AND GRANTSMANSHIP. FACULTY, STAFF AND STUDENTS PROVIDE LEADERSHIP AND SERVICE TO THE UNIVERSITY AS WELL AS THE GLOBAL COMMUNITY. IN ACHIEVING ITS MISSION, HAMPTON UNIVERSITY OFFERS EXEMPLARY PROGRAMS AND OPPORTUNITIES WHICH ENABLE STUDENTS, FACULTY AND STAFF TO GROW, DEVELOP AND CONTRIBUTE TO OUR SOCIETY IN A PRODUCTIVE, USEFUL MANNER.
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IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1HAMPTON UNIVERSITY PROT
IRS990/OtherExpensesGrp/Desc2MEAL SUPPORT
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13677278
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2153798
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt356992
IRS990/OtherExpensesGrp/ProgramServicesAmt021623399
IRS990/OtherExpensesGrp/ProgramServicesAmt115781409
IRS990/OtherExpensesGrp/ProgramServicesAmt2660041
IRS990/OtherExpensesGrp/ProgramServicesAmt3244586
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IRS990/OtherExpensesGrp/TotalAmt119458687
IRS990/OtherExpensesGrp/TotalAmt2813839
IRS990/OtherExpensesGrp/TotalAmt3301578
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IRS990/OtherLiabilitiesGrp/EOYAmt07132079
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0266353
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09480901
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040688238
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02232514
IRS990/PayrollTaxesGrp/ProgramServicesAmt09580978
IRS990/PayrollTaxesGrp/TotalAmt011813492

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$785,380,790
Liabilities
$214,561,185
Net assets
$570,819,605
Revenue
$202,036,791
Expenses
$189,492,542
Net income
$12,544,249
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$865$186$679$204$240$35.6
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$884$155$729$197$213$15.4
2022Detailed filing. Detailed filing data is available for this year.$892$158$734$241$195$46.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$894$165$729$270$172$98.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$779$205$574$206$186$19.6
2019Detailed filing. Detailed filing data is available for this year.$785$215$571$202$189$12.5
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$779$223$556$213$183$29.9
2017Detailed filing. Detailed filing data is available for this year.$752$231$521$202$184$18.2
2016Detailed filing. Detailed filing data is available for this year.$719$236$483$171$161$9.84
2015Detailed filing. Detailed filing data is available for this year.$733$248$486$168$160$8.88
2014Detailed filing. Detailed filing data is available for this year.$745$260$485$169$151$18.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$717$272$445$164
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$705$280$425$161
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$694$279$415$140
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$648$270$377$142