EIN 54-0506306

Bridgewater College

IRS 501(c) type
501(c)(3)
Num. employees
867
Year formed
1880
Most recent tax filings
2023-06-01
Description
Bridgewater College educates the whole person, providing a challenging and supportive learning community that fosters student growth. With approximately 1,450 students, Bridgewater offers more than 60 majors and minors, along with pre-professional programs. There are over 80 clubs and organizations on campus and nearly one-third of the student body participates in one of the 23 intercollegiate sports offered at the NCAA Division level.
Total revenues
$81,951,230
2023
Total expenses
$91,706,803
2023
Total assets
$215,060,961
2023
Num. employees
867
2023

Program areas at Bridgewater College

Located only two hours southwest of the Washington, d.c., metro area, Bridgewater College has a total enrollment of approximately 1,500 students and offers bachelor of arts and bachelor of science degrees in more than 60 majors and minors, along with pre-professional programs such as medicine and law and teacher licensure. The College also offers masters degree programs in athletic training, digital media strategy, psychology, and human resource management. Grounded in liberal arts, students at Bridgewater College learn about a variety of disciplines, enabling them to become articulate, analytical and assertive. They are challenged by rigorous academics in a close-knit community and collaborate with faculty to create personalized and unique learning experiences.
With more than 80 social, cultural, religious, and academic clubs and organizations, there's always something happening on campus. Nearly a third of the student body participates in one of the 23 intercollegiate sports Bridgewater offers at the ncaa division iii level. Students also have the opportunity to benefit from the Bridgewater College equestrian center in weyers cave, va., for riding lessons and the equestrian team; fitness opportunities through the funkhouser center for health and wellness; an array of intramural sports and an outdoor program; musical ensembles such as the concert choir, chorale, symphonic band and jazz ensemble; and a renowned endowed lecture, lyceum and convocation series, which brings speakers and artists from across the country to the College.
The residential campus is located in the beautiful shenandoah valley of Virginia. On-campus housing features seven dormitories, shared houses known as the cottages, apartment-style living in the wampler towers, and the stone village housing community. Dining options include the main dining hall in the kline campus center and smitty's cafe in the forrer learning commons.
Academic support areas at Bridgewater College include the academic advising center, forrer learning commons, the writing center, the information technology center, the office of career services and the academic support center. Revenues of $6,323 are for book commissions from an outsourced online textbook store, whose operations are otherwise divorced from Bridgewater College's financial statements.

Who funds Bridgewater College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationEducational$1,000,000
Lettie Pate Whitehead FoundationFor General Scholarship Support.$280,000
Virginia Foundation for Independent Colleges (VFIC)Distribution To Member Institution To Pay for Programs and Scholarships$142,813
...and 28 more grants received totalling $1,920,063

Personnel at Bridgewater College

NameTitleCompensation
Kristy RheaVice President for It and Chief Information Officer$134,443
Mike GroenerInterim Vice President for Finance and Treasurer
Roy W. FergusonVice President for Finance and Treasurer / Assistant Secretary
Steve BrightVice President of Finance
Abbie ParkhurstVice President for Marketing and Communications
...and 15 more key personnel

Financials for Bridgewater College

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,426,938
Program services$69,356,008
Investment income and dividends$2,395,132
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$71,845
Net gain from sale of non-inventory assets$-472,594
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,173,901
Total revenues$81,951,230

Form 990s for Bridgewater College

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-04-25990View PDF
2021-062022-04-08990View PDF
2020-062021-04-21990View PDF
2019-062021-01-21990View PDF
...and 10 more Form 990s

Organizations like Bridgewater College

OrganizationLocationRevenue
Concordia College CorporationMoorhead, MN$93,695,769
Otterbein UniversityWesterville, OH$106,461,271
Elmhurst UniversityElmhurst, IL$139,557,739
Providence CollegeProvidence, RI$372,863,038
Madonna UniversityLivonia, MI$54,779,071
Emmanuel CollegeBoston, MA$120,880,010
Franklin CollegeFranklin, IN$45,024,560
California Lutheran UniversityThousand Oaks, CA$178,848,556
Florida Southern College (FSC)Lakeland, FL$164,767,465
Franciscan University of SteubenvilleSteubenville, OH$128,232,038
Data update history
November 23, 2024
Updated personnel
Identified 2 new personnel
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $1,000,000 from American Endowment Foundation
August 25, 2024
Received grants
Identified 11 new grant, including a grant for $133,333 from Community Foundation of the Rappahannock River Region
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 12, 2024
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
402 E College St
Bridgewater, VA 22812
Metro area
Harrisonburg, VA
County
Rockingham County, VA
Website URL
bridgewater.edu/ 
Phone
(540) 828-5487
Facebook page
bridgewatercollege 
Twitter profile
@bridgewaternews 
IRS details
EIN
54-0506306
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1880
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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