ALVERNIA UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ALVERNIA UNIVERSITY (EIN 23-1522643)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-05
- IRS object ID
- 202420969349300117
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-05T09:56:15-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232415973 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERBEIN COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2763 CENTURY BOULEVARD | AddressLine1Txt |
| City | READING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231522643 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALVERNIA UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALVE | BusinessNameControlTxt |
| Phone | 6107965600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNARDINE STREET | AddressLine1Txt |
| City | READING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN MCCLOSKEY | PersonNm |
| Person Title | SENIOR VP AND COO | PersonTitleTxt |
| Phone | 6107965600 | PhoneNum |
| Signature | 2024-04-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | MCCLOSKEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LINDA S HIMEBACK CPA | PreparerPersonNm |
| PTIN | P00042618 | PTIN |
| Phone | 6103781175 | PhoneNum |
| Preparation | 2024-04-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN MCCLOSKEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNARDINE STREET | AddressLine1Txt |
| City | READING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $119,267,955 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ALVERNIA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1958 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | A CATHOLIC COMPREHENSIVE UNIVERSITY WITH A LIBERAL ARTS FOUNDATION FOUNDED BY THE BERNARDINE FRANCISCAN SISTERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 1423 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $204,163 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $22,124,554 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,261,975 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $86,315,064 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $91,907,960 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,308,780 | PYInvestmentIncomeAmt |
| CY Investment Income | $669,822 | CYInvestmentIncomeAmt |
| PY Other Revenue | $679,210 | PYOtherRevenueAmt |
| CY Other Revenue | $804,185 | CYOtherRevenueAmt |
| PY Total Revenue | $111,427,608 | PYTotalRevenueAmt |
| CY Total Revenue | $110,643,942 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $34,314,251 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,570,461 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $30,456,310 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,080,864 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,587,263 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $31,638,847 | PYOtherExpensesAmt |
| CY Other Expenses | $36,096,325 | CYOtherExpensesAmt |
| PY Total Expenses | $96,409,408 | PYTotalExpensesAmt |
| CY Total Expenses | $104,747,650 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,018,200 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,896,292 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $194,339,398 | TotalAssetsBOYAmt |
| Total Assets EOY | $219,365,146 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $90,260,646 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $107,305,185 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $104,078,752 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $112,059,961 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ALVERNIA UNIVERSITY IS A CATHOLIC COMPREHENSIVE UNIVERSITY WITH A LIBERAL ARTS FOUNDATION FOUNDED BY THE BERNARDINE FRANCISCAN SISTERS IN 1958. SEE CONTINUATION ON SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $88,090,847 | ExpenseAmt |
| Grant | $34,570,461 | GrantAmt |
| Revenue | $91,907,960 | RevenueAmt |
| Desc | CONDUCT, OPERATE AND MAINTAIN A COLLEGE FOR THE EDUCATION, TRAINING AND SPIRITUAL GUIDANCE OF MEN AND WOMEN, WITH THE POWER TO CONFER UPON STUDENTS, WHO HAVE SUCCESSFULLY COMPLETED THE REQUIRED COURSES, THE DEGREE OF BACHELOR OF ARTS AND THE DEGREE OF BACHELOR OF SCIENCE, AND SUCH OTHER DEGREES AS MAY BE APPROVED AND AUTHORIZED BY THE DEPARTMENT OF EDUCATION OF THE COMMONWEALTH OF PENNSYLVANIA. THE COLLEGE HAS APPROXIMATELY 3,000 STUDENTS, INCLUDING UNDERGRADUATES, GRADUATES, AND PHD STUDENTS. | Desc |
| Total Program Service Expenses | $88,090,847 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 234 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1423 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN MCCLOSKEY SENIOR VP & COO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6107965600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNADINE STREET | AddressLine1Txt |
| City | READING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| GREGORY J SHEMANSKI | |||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL DUFF | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOHN M ARNOLD JR | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAULA BARRETT CPA | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL J CARON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KEVIN P DEACOSTA | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD EHST | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL FROMM | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN H GALLEN JR | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA C GILES | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR MADONNA MARIE HARVATH OSF | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELLEN HUYETT | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEVEN M KOONS CPA | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GINGER KUNKEL | |||||||||
| TRUSTEE AS OF JUNE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL LANGDON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR SANDRA LYONS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RACHEL MAHER DMD | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN NAJARIAN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR DAVID ANN NISKI | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID W PATTI | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR JOHN ANN PROACH | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY RUSH | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER RYE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEANNE SAVAGE | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BARRY SCHLOUCH | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LUCINE SIHELNIK | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR MARY SNINSKY | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DOUGLAS TIEMAN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL TOBASH | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL F TRUNK | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SR MARY JOSEPH TIRPAK | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID TURNER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN WEIDENHAMMER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN LOYACK | |||||||||
| PRESIDENT THROUGH JUNE | 40.00 | Yes (X) | Yes (X) | $556,092 | $0 | $73,537 | |||
| JOHN MCCLOSKEY | |||||||||
| SVP, COO, SECRETARY | 40.00 | Yes (X) | Yes (X) | $234,590 | $0 | $36,527 | |||
| GLYNIS FITZGERALD | |||||||||
| PRESIDENT ELECT | 40.00 | Yes (X) | $234,699 | $0 | $34,420 | ||||
| MARY-ALICE OZECHOSKI | |||||||||
| SVP, ENROLLMENT MGMT & STUDENT AFFAIRS | 40.00 | Yes (X) | $215,635 | $0 | $33,918 | ||||
| RODNEY RIDLEY | |||||||||
| VP, CHIEF OPERATIONS OFFICER | 40.00 | Yes (X) | $194,513 | $0 | $33,401 | ||||
| THOMAS MINICK | |||||||||
| VP, INSTITUTIONAL ADVANCEMENT | 40.00 | Yes (X) | $184,841 | $0 | $23,033 | ||||
| ADAM WASZKIEWICZ | |||||||||
| VP, BUSINESS AFFAIRS | 40.00 | Yes (X) | $96,580 | $0 | $13,481 | ||||
| GAETAN GIANNINI | |||||||||
| VP, GRADUATE & ADULT EDUCATION | 40.00 | Yes (X) | $67,667 | $0 | $8,765 | ||||
| DARRYL MACE | |||||||||
| VP, MISSION DIVERSITY & INCLUSION | 40.00 | Yes (X) | $140,943 | $0 | $21,100 | ||||
| TRAVIS BERGER | |||||||||
| DEAN, BUSINESS COMM. & LEADERSHIP | 40.00 | $156,303 | $0 | $40,421 | Yes (X) | ||||
| ELIZABETH MATTEO | |||||||||
| DEAN, COLLEGE OF HUMANITIES | 40.00 | $151,058 | $0 | $40,199 | Yes (X) | ||||
| MARY ELLEN WELLS | |||||||||
| ASSOCIATE PROVOST | 40.00 | $139,210 | $0 | $15,736 | Yes (X) | ||||
| CHRISTOPHER WISE | |||||||||
| PROFESSOR | 40.00 | $123,705 | $0 | $24,846 | Yes (X) | ||||
| THOMAS PORRAZZO | |||||||||
| ASSOCIATE PROFESSOR | 40.00 | $123,688 | $0 | $25,681 | Yes (X) | ||||
| TUFAN TIGLIOGLU | |||||||||
| PROFESSOR | 40.00 | $126,248 | $0 | $19,037 | Yes (X) | ||||
| MEGGAN KERBER | |||||||||
| ASSOCIATE VP INSTITUTIONAL ADVANCEMENT | 40.00 | $117,826 | $0 | $24,234 | Yes (X) | ||||
| ROBERT IANNELLI | |||||||||
| FORMER CIO THROUGH FEB | 40.00 | $145,725 | $0 | $26,231 | Yes (X) | ||||
| LARRY SHAUB | |||||||||
| INTERIM CFO 9/22; SENIOR FINANCIAL ANALYST 12/22 | 40.00 | $139,133 | $0 | $43,593 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,148,456 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $538,160 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALADDIN | |||||
| 16567 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | FOOD SERVICES | $4,460,494 |
| SORDONI CONSTRUCTION SERVICES INC | |||||
| 45 OWEN STREET | FORTY FORT | PA | 18704 | CONSTRUCTION | $3,235,003 |
| EDWARDS LANDSCAPE & NURSERY | |||||
| 335 MONOCACY HILL ROAD | BIRDSBORO | PA | 19508 | LANDSCAPING | $1,347,367 |
| WARFEL CONSTRUCTION CO | |||||
| 1110 ENTERPRISE ROAD | EAST PETERSBURG | PA | 17520 | CONSTRUCTION | $1,312,477 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY | $1,283,665 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 56 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $30,100 | FundraisingAmt |
| Government Grants | $5,688,919 | GovernmentGrantsAmt |
| All Other Contributions | $11,542,956 | AllOtherContributionsAmt |
| Noncash Contributions | $198,589 | NoncashContributionsAmt |
| Total Contributions | $17,261,975 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $78,543,490 | $78,543,490 |
| AUXILIARY ENTERPRISES | 611710 | $13,364,470 | $13,364,470 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $91,907,960 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $851,670 | TotalRevenueColumnAmt |
| Exclusion | $851,670 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $231,577 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $146,770 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $84,807 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $84,807 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$9,189 | UnrelatedBusinessRevenueAmt |
| Exclusion | $93,996 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,099,277 | SecuritiesAmt |
| Other | $165,618 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,446,743 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$347,466 | SecuritiesAmt |
| Other | $165,618 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$181,848 | TotalRevenueColumnAmt |
| Exclusion | -$181,848 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $30,500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $30,100 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $30,500 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|---|
| STUDENT FEES & FINES | 611710 | $325,829 | $325,829 | ||
| EVENT MGMT | 532000 | $218,090 | $4,738 | $213,352 | |
| COMMISSIONS & REBATES | 611710 | $175,459 | $175,459 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $719,378 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $110,643,942 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,912,698 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $204,163 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,265,106 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,570,461 | TotalAmt |
| Program Services | $34,570,461 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,191,586 | TotalAmt |
| Program Services | $615,383 | ProgramServicesAmt |
| Management And General | $2,053,406 | ManagementAndGeneralAmt |
| Fundraising | $522,797 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,219,838 | TotalAmt |
| Program Services | $21,286,096 | ProgramServicesAmt |
| Management And General | $1,517,563 | ManagementAndGeneralAmt |
| Fundraising | $416,179 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,417,756 | TotalAmt |
| Program Services | $1,342,071 | ProgramServicesAmt |
| Management And General | $61,291 | ManagementAndGeneralAmt |
| Fundraising | $14,394 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,641,320 | TotalAmt |
| Program Services | $4,017,247 | ProgramServicesAmt |
| Management And General | $500,248 | ManagementAndGeneralAmt |
| Fundraising | $123,825 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,610,364 | TotalAmt |
| Program Services | $1,351,489 | ProgramServicesAmt |
| Management And General | $207,281 | ManagementAndGeneralAmt |
| Fundraising | $51,594 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,808 | TotalAmt |
| Management And General | $130,808 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,780 | TotalAmt |
| Management And General | $63,780 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,844 | TotalAmt |
| Program Services | $82,844 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,366 | TotalAmt |
| Management And General | $115,366 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,001,174 | TotalAmt |
| Program Services | $8,345,201 | ProgramServicesAmt |
| Management And General | $3,518,915 | ManagementAndGeneralAmt |
| Fundraising | $137,058 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,252,465 | TotalAmt |
| Program Services | $23,921 | ProgramServicesAmt |
| Management And General | $1,228,544 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,493,282 | TotalAmt |
| Program Services | $1,467,830 | ProgramServicesAmt |
| Management And General | $978,266 | ManagementAndGeneralAmt |
| Fundraising | $47,186 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $761,695 | TotalAmt |
| Program Services | $670,610 | ProgramServicesAmt |
| Management And General | $88,530 | ManagementAndGeneralAmt |
| Fundraising | $2,555 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,413,840 | TotalAmt |
| Program Services | $1,902,844 | ProgramServicesAmt |
| Management And General | $1,446,362 | ManagementAndGeneralAmt |
| Fundraising | $64,634 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $866,966 | TotalAmt |
| Program Services | $720,804 | ProgramServicesAmt |
| Management And General | $133,810 | ManagementAndGeneralAmt |
| Fundraising | $12,352 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,343 | TotalAmt |
| Program Services | $143,616 | ProgramServicesAmt |
| Management And General | $36,495 | ManagementAndGeneralAmt |
| Fundraising | $7,232 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,308,542 | TotalAmt |
| Program Services | $2,013,511 | ProgramServicesAmt |
| Management And General | $282,335 | ManagementAndGeneralAmt |
| Fundraising | $12,696 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,509,366 | TotalAmt |
| Program Services | $5,677,470 | ProgramServicesAmt |
| Management And General | $796,096 | ManagementAndGeneralAmt |
| Fundraising | $35,800 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $756,038 | TotalAmt |
| Program Services | $73,000 | ProgramServicesAmt |
| Management And General | $683,038 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| TERM OF PROVIDER CONTRA | $1,600,000 | $1,600,000 | ||
| CATERING | $784,930 | $536,215 | $214,073 | $34,642 |
| PROGRAMMING ACTIVITIES | $761,397 | $716,503 | $44,894 | |
| DISCOUNTS | $592,534 | $592,534 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,413,955 | TotalAmt |
| Program Services | $341,197 | ProgramServicesAmt |
| Management And General | $968,439 | ManagementAndGeneralAmt |
| Fundraising | $104,319 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,747,650 | TotalAmt |
| Program Services | $88,090,847 | ProgramServicesAmt |
| Management And General | $15,069,540 | ManagementAndGeneralAmt |
| Fundraising | $1,587,263 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,976,878 | BOYAmt |
| EOY | $142,031 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,195 | BOYAmt |
| EOY | $6,910,431 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,826,858 | BOYAmt |
| EOY | $15,922,632 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,508,074 | BOYAmt |
| EOY | $3,125,662 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,177 | BOYAmt |
| EOY | $17,360 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $890,522 | BOYAmt |
| EOY | $1,207,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $241,899,467 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $82,763,661 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,293,655 | BOYAmt |
| EOY | $159,135,806 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,854,860 | BOYAmt |
| EOY | $23,737,098 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,928,778 | BOYAmt |
| EOY | $5,842,286 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,595,401 | BOYAmt |
| EOY | $3,324,181 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,339,398 | BOYAmt |
| EOY | $219,365,146 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,427,326 | BOYAmt |
| EOY | $13,239,034 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,798,619 | BOYAmt |
| EOY | $2,422,307 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,448,956 | BOYAmt |
| EOY | $68,869,825 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,000 | BOYAmt |
| EOY | $17,950,671 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,335,745 | BOYAmt |
| EOY | $4,823,348 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,260,646 | BOYAmt |
| EOY | $107,305,185 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,301,682 | BOYAmt |
| EOY | $75,723,859 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,777,070 | BOYAmt |
| EOY | $36,336,102 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,078,752 | BOYAmt |
| EOY | $112,059,961 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,339,398 | BOYAmt |
| EOY | $219,365,146 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,896,292 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,084,917 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $82,844 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $82,844 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | ALVERNIA WORKS WITH AN ORGANIZATION THAT HELPS THE UNIVERSITY OBTAIN EARMARKS THROUGH THE FEDERAL APPROPRIATIONS PROCESS. THIS ORGANIZATION ALSO HAS A GRANT DEPARTMENT THAT WORKS WITH ALVERNIA TO SEARCH FOR FUNDING SOURCES FROM PRIVATE FOUNDATIONS AND GOVERNMENT AGENCIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $114,650 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,546,088 | BeginningYearBalanceAmt |
| Contributions | $768,196 | ContributionsAmt |
| Investment Earnings Or Losses | $1,601,770 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,661,565 | GrantsOrScholarshipsAmt |
| End Year Balance | $19,254,489 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,271,741 | BeginningYearBalanceAmt |
| Contributions | $62,642 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,258,320 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,529,975 | GrantsOrScholarshipsAmt |
| End Year Balance | $18,546,088 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,243,426 | BeginningYearBalanceAmt |
| Contributions | $2,701 | ContributionsAmt |
| Investment Earnings Or Losses | $5,524,884 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $499,270 | GrantsOrScholarshipsAmt |
| End Year Balance | $22,271,741 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,203,745 | BeginningYearBalanceAmt |
| Contributions | $904,685 | ContributionsAmt |
| Investment Earnings Or Losses | -$387,384 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $477,620 | GrantsOrScholarshipsAmt |
| End Year Balance | $17,243,426 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,375,404 | BeginningYearBalanceAmt |
| Contributions | $804,681 | ContributionsAmt |
| Investment Earnings Or Losses | $501,581 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $344,818 | GrantsOrScholarshipsAmt |
| Other Expenditures | $133,103 | OtherExpendituresAmt |
| End Year Balance | $17,203,745 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.15890 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.84110 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,571,150 | OtherCostOrOtherBasisAmt |
| Book Value | $5,571,150 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $166,310,788 | OtherCostOrOtherBasisAmt |
| Depreciation | $49,415,784 | DepreciationAmt |
| Book Value | $116,895,004 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,543,448 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,346,079 | DepreciationAmt |
| Book Value | $9,197,369 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,474,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,001,798 | DepreciationAmt |
| Book Value | $27,472,283 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $159,135,806 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| AGENCY FUNDS | $1,476,179 |
| GIFT ANNUITIES | $10,414 |
| STUDENT DEPOSITS | $1,361,275 |
| REFUNDABLE GOVERNMENT LOAN FUNDS | $72,439 |
| FINANCING LEASE OBLIGATIONS | $653,337 |
| OPERATING LEASE OBLIGATIONS | $1,249,704 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,823,348 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $78,226,402 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,084,917 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $6,100 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$34,570,461 | OtherRevenueAmt |
| Revenue Not Reported | -$32,479,444 | RevenueNotReportedAmt |
| Revenue Subtotal | $110,705,846 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $115,366 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$177,270 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$61,904 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $110,643,942 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $70,245,193 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $6,100 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $177,270 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $183,370 | ExpensesNotReportedAmt |
| Expenses Subtotal | $70,061,823 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $115,366 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $34,570,461 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $34,685,827 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $104,747,650 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | DURING FISCAL YEAR 2015, ALVERNIA UNIVERSITY RECEIVED AN ELLIOT CLOCK AS A DONATION. THE CLOCK IS ON DISPLAY AS A HISTORICAL TREASURE IN THE FRANCO LIBRARY FOR THE ENRICHMENT OF THE COLLEGE AND ITS STUDENTS. DURING FISCAL YEAR 2022, ALVERNIA UNIVERSITY MADE A FINAL PAYMENT FOR A GOLDEN WOLVES STATUE, AS A SYMBOL OF THE SCHOOL MASCOT AND IT IS DISPLAYED OUTSIDE OF THE PHYSICAL EDUCATION BUILDING. IT WAS BEING FUNDED BY DONOR CONTRIBUTIONS IN MEMORY OF A FORMER STAFF MEMBER AND FIELD HOCKEY COACH. |
| PART V, LINE 4: | ALVERNIA UNIVERSITY'S ENDOWMENT FUNDS ARE USED FOR STUDENT SCHOLARSHIPS AND CAPITAL PURCHASES INCLUDING TECHNOLOGY AND DEFERRED MAINTENANCE, AS DESIGNATED BY THE DONOR OR BOARD. |
| PART X, LINE 2: | THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2023. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NETTED AGAINST REVENUE ON FINANCIALS -34,570,461. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES -146,770. FUNDRAISING EVENTS EXPENSE -30,500. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 146,770. FUNDRAISING EVENTS EXPENSE 30,500. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NETTED AGAINST REVENUE ON FINANCIALS 34,570,461. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY'S POLICY OF NONDISCRIMINATION IS INCLUDED IN ITS "UNIVERSITY CATALOG", FINANCIAL AID LITERATURE, BROCHURES, AND GENERAL ADVERTISING. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT FROM THE COMMONWEALTH OF PENNSYLVANIA. THE UNIVERSITY RECEIVES FUNDS FROM THE FEDERAL DEPARTMENT OF EDUCATION UNDER STUDENT FINANCIAL ASSISTANCE PROGRAMS. THE UNIVERSITY ALSO RECEIVES OTHER FEDERAL FUNDS EITHER DIRECTLY OR INDIRECTLY FROM THE U.S. DEPARTMENT OF LABOR OR THE U.S. DEPARTMENT OF JUSTICE. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SCHLAGER GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $60,600 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $30,100 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $30,500 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $6,722 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $13,222 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $7,978 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $2,578 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $60,600 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $30,100 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $30,500 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $6,722 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $13,222 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $7,978 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,578 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $30,500 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL DISCOUNTS | 196 | $1,679,620 |
| INSTITUTIONAL SCHOLARSHIPS | 1482 | $31,846,153 |
| ENDOWED SCHOLARSHIPS | 254 | $1,044,688 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDING IS AWARDED TO ELIGIBLE STUDENTS THROUGH THE ADMISSION PROCESS AS WELL AS THROUGH THE COMPLETION OF THE ANNUAL FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). UPON ACCEPTANCE TO THE UNIVERSITY, IF DETERMINED ELIGIBLE BY ADMISSIONS, TRADITIONAL UNDERGRADUATE STUDENTS ARE AWARDED WITH INSTITUTIONAL MERIT OR PARTNERSHIP AID. WHEN THE OFFICE OF STUDENT FINANCIAL PLANNING (SFP) PACKAGES STUDENT AID, THESE FUNDS ARE AWARDED TO THE ELIGIBLE STUDENT. ONCE THE STUDENT HAS FILED THE FAFSA FORM, ADDITIONAL AID INCLUDING FEDERAL AND STATE GRANT/LOAN FUNDS ARE AWARDED AS WELL. IF FINANCIAL AID FILES ARE COMPLETED WITH MISSING DOCUMENTATION, STUDENT AID AWARDS ARE REVIEWED AND REVISED AS NECESSARY. THE SFP OFFICE WORKS CLOSELY WITH THE STUDENT ACCOUNT OFFICE (SAO) TO RECONCILE INSTITUTIONAL, FEDERAL, AND GRANT FUNDING ON AN ONGOING BASIS THROUGHOUT THE ACADEMIC YEAR. REPORTS ARE RUN FROM THE SFP OFFICE AND SENT TO SAO TO REVIEW AND IDENTIFY ANY AID DISCREPANCIES. IF ANY ARE IDENTIFIED, THE AID IS ADJUSTED AS NECESSARY. THE SFP OFFICE REQUESTS A YEAR-TO-DATE FEDERAL PELL GRANT FILE FROM COD EVERY COUPLE OF MONTHS TO RECONCILE THE AWARDING, DISBURSEMENT, AND CANCELLATION OF A STUDENT'S GRANT AWARDS. AS THE AWARD YEAR COMES TO AN END, REPORTS MAY BE RUN ON A WEEKLY BASIS FROM THE SFP, SAO AND COD SYSTEMS TO BE SURE ALL THE FUNDING AWARDED IS RECONCILED ACCURATELY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN LOYACK | ||||||||||||||
| PRESIDENT THROUGH JUNE | $450,567 | $0 | $105,525 | $0 | $0 | $0 | $54,303 | $0 | $19,234 | $0 | $629,629 | $0 | $0 | $0 |
| JOHN MCCLOSKEY | ||||||||||||||
| SVP, COO, SECRETARY | $199,149 | $0 | $35,441 | $0 | $0 | $0 | $19,591 | $0 | $16,936 | $0 | $271,117 | $0 | $0 | $0 |
| GLYNIS FITZGERALD | ||||||||||||||
| PRESIDENT ELECT | $205,400 | $0 | $29,299 | $0 | $0 | $0 | $19,109 | $0 | $15,311 | $0 | $269,119 | $0 | $0 | $0 |
| MARY-ALICE OZECHOSKI | ||||||||||||||
| SVP, ENROLLMENT MGMT & STUDENT AFFAI | $198,989 | $0 | $16,646 | $0 | $0 | $0 | $17,272 | $0 | $16,646 | $0 | $249,553 | $0 | $0 | $0 |
| RODNEY RIDLEY | ||||||||||||||
| VP, CHIEF OPERATIONS OFFICER | $173,696 | $0 | $20,817 | $0 | $0 | $0 | $16,465 | $0 | $16,936 | $0 | $227,914 | $0 | $0 | $0 |
| THOMAS MINICK | ||||||||||||||
| VP, INSTITUTIONAL ADVANCEMENT | $161,019 | $0 | $23,822 | $0 | $0 | $0 | $15,057 | $0 | $7,976 | $0 | $207,874 | $0 | $0 | $0 |
| TRAVIS BERGER | ||||||||||||||
| DEAN, BUSINESS COMM. & LEADERSHIP | $156,303 | $0 | $0 | $0 | $0 | $0 | $22,033 | $0 | $18,388 | $0 | $196,724 | $0 | $0 | $0 |
| ELIZABETH MATTEO | ||||||||||||||
| DEAN, COLLEGE OF HUMANITIES | $151,058 | $0 | $0 | $0 | $0 | $0 | $24,888 | $0 | $15,311 | $0 | $191,257 | $0 | $0 | $0 |
| LARRY SHAUB | ||||||||||||||
| INTERIM CFO 9/22; SENIOR FINANCIAL A | $139,133 | $0 | $0 | $0 | $0 | $0 | $26,554 | $0 | $17,039 | $0 | $182,726 | $0 | $0 | $0 |
| ROBERT IANNELLI | ||||||||||||||
| FORMER CIO THROUGH FEB | $145,725 | $0 | $0 | $0 | $0 | $0 | $26,231 | $0 | $0 | $0 | $171,956 | $0 | $0 | $0 |
| DARRYL MACE | ||||||||||||||
| VP, MISSION DIVERSITY & INCLUSION | $140,943 | $0 | $0 | $0 | $0 | $0 | $12,080 | $0 | $9,020 | $0 | $162,043 | $0 | $0 | $0 |
| MARY ELLEN WELLS | ||||||||||||||
| ASSOCIATE PROVOST | $139,210 | $0 | $0 | $0 | $0 | $0 | $11,258 | $0 | $4,478 | $0 | $154,946 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE UNIVERSITY PAYS FOR SOCIAL CLUB DUES FOR THE PRESIDENT. THESE BENEFITS ARE NOT CONSIDERED TAXABLE INCOME AS THESE BENEFITS ARE FOR BUSINESS PURPOSES. THE SOCIAL CLUB MEMBERSHIP IS OWNED BY THE UNIVERSITY AND THE PRESIDENT USES IT AS PART OF HIS RESPONSIBILITIES. |
| PART I, LINE 7 | THE PRESIDENT'S BONUS IS APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. BONUSES FOR OTHER OFFICERS AND EMPLOYEES ARE BASED ON THE OVERALL PERFORMANCE OF THE UNIVERSITY AND PERSONAL GOAL ATTAINMENT BY THE EMPLOYEE. BONUSES FOR THE VICE PRESIDENTS ARE REVIEWED AND APPROVED BY THE PRESIDENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2019) | |||||||
| A | 236647630 | 2019-12-11 | $52,000,000 | SEE PART VI | 0 | 0 | 0 |
| BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2020) | |||||||
| B | 236647630 | 2020-02-27 | $21,527,132 | SEE PART VI | 0 | 0 | 0 |
| BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2021) | |||||||
| C | 236647630 | 2021-10-14 | $10,310,000 | SEE PART VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $11,730,000 | $52,000,000 | $43,793,141 | $535,387 | $7,671,472 | 2019 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $740,000 | $21,527,132 | $12,541,129 | $302,526 | $7,350,582 | 2021 | Yes (1) | 0 | Yes (1) | Yes (1) | $1,332,895 |
| C | $10,310,000 | $10,199,346 | $104,799 | $5,855 | 2021 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART I, BOND ISSUES | FormAndLineReferenceDesc |
| Explanation | BOND ISSUE DATED 12/11/2019: (A) ISSUER NAME: BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2019) (B) DESCRIPTION OF PURPOSE: TO REFUND PRIOR DEBT, PAY THE COST OF ISSUANCE OF THESE BONDS, PROVIDE FOR A NEW CAPITAL PROJECT AND REIMBURSE THE UNIVERSITY FOR CERTAIN CAPITAL EXPENDITURES BOND ISSUE DATED 02/01/2020: (A) ISSUER NAME: BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2020) (B) DESCRIPTION OF PURPOSE: TO REFUND PRIOR DEBT, PAY THE COST OF ISSUANCE OF THESE BONDS, PROVIDE FOR A NEW CAPITAL PROJECT AND REIMBURSE THE UNIVERSITY FOR CERTAIN CAPITAL EXPENDITURES BOND ISSUE DATED 10/14/2021: (A) ISSUER NAME: BERKS COUNTY MUNICIPAL AUTHORITY (SERIES 2021) (B) DESCRIPTION OF PURPOSE: TO REFUND PRIOR DEBT, PAY THE COST OF ISSUANCE OF THESE BONDS, AND PROVIDE FOR A NEW CAPITAL PROJECT. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JEFFREY RUSH | |||
| TRUSTEE | $110,000 | SEE PART V | 0 |
| JOHN GALLEN | |||
| TRUSTEE | $615,600 | SEE PART V | 0 |
| JOHN WEIDENHAMMER | |||
| TRUSTEE | $117,800 | SEE PART V | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART VI, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | (D) DESCRIPTION OF TRANSACTION: JEFFREY RUSH IS A TRUSTEE OF ALVERNIA AND THE REGIONAL PRESIDENT OF FULTON BANK. ALVERNIA HAS DEPOSIT ACCOUNTS AND A LINE OF CREDIT OF $20,000,000 WITH FULTON BANK. ALVERNIA PAID FULTON BANK APPROXIMATELY $110,000 IN INTEREST ON THE LINE OF CREDIT DURING THE YEAR ENDED JUNE 30, 2023.JOHN GALLEN IS A TRUSTEE OF ALVERNIA AND THE OWNER AND PRESIDENT OF ETHOSOURCE. ALVERNIA PAID ETHOSOURCE APPROXIMATELY $615,600 FOR FURNITURE AND DESIGN SERVICES DURING THE FISCAL YEAR ENDED JUNE 30, 2023. JOHN WEIDENHAMMER IS A TRUSTEE OF ALVERNIA AND THE PRESIDENT OF WEIDENHAMMER SYSTEMS CORP. ALVERNIA PAID WEIDENHAMMER SYSTEMS CORP, APPROXIMATELY $117,800 FOR ITE SERVICES DURING THE YEAR ENDED JUNE 30, 2023. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $164,130 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | CLOSING COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | SUPPLIES | 53 | $29,459 | FAIR MARKET VALUE |
| Yes (X) | FURNITURE | 3 | $17,502 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | THE UNIVERSITY SERVES EASTERN PENNSYLVANIA WITH A UNIQUE BLEND OF RIGOROUS LIBERAL ARTS EDUCATION, STRONG TECHNICAL TRAINING IN MANY HIGH DEMAND MAJORS, EVER-EXPANDING EXPERIENTIAL LEARNING OPPORTUNITIES THROUGH STUDY ABROAD AND INTERNSHIP EXPERIENCES, AND COMMUNITY ENGAGEMENT THROUGH ITS FRANCISCAN-BASED COMMUNITY SERVICE MODEL. THE READING CAMPUS IS IN HISTORIC BERKS COUNTY, PENNSYLVANIA, AND SITUATED ON BOTH A SCENIC 121-ACRE HILL CAMPUS AND MULTI-FACILITY DOWNTOWN URBAN CAMPUS IN CENTER CITY READING THAT SPANS MORE THAN 315,000 SQ. FT. THE UNIVERSITY'S READING CAMPUSES ARE CONVENIENTLY LOCATED NEAR PHILADELPHIA (60 MILES) AND WITHIN AN EASY DRIVE OF NEW YORK, BALTIMORE, AND WASHINGTON, D.C. THE UNIVERSITY ALSO HAS INSTRUCTIONAL SITES IN PHILADELPHIA AND POTTSVILLE, PENNSYLVANIA, SERVING ADULT LEARNERS AND GRADUATE STUDENTS. THROUGH STRATEGIC PARTNERSHIPS, ALVERNIA OFFERS MULTIPLE GRADUATE AND UNDERGRADUATE ONLINE PROGRAMS AND MORE THAN 700 ONLINE CONSORTIUM COURSES PROVIDING A BOUNDARY-FREE APPROACH TO LEARNING. ALVERNIA IS A PROFESSIONAL, DOCTORAL UNIVERSITY THAT DEPLOYS A FOUR-COLLEGE MODEL HAVING A COLLEGE OF BUSINESS, COMMUNICATION AND LEADERSHIP, COLLEGE OF HEALTH SCIENCES, COLLEGE OF HUMANITIES, EDUCATION AND SOCIAL SCIENCES AND COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATHEMATICS. ALVERNIA OFFERS MORE THAN 50 UNDERGRADUATE MAJORS AND MINORS INCLUDING PRE-PROFESSIONAL PROGRAMS IN MEDICINE, DENTISTRY, LAW, AND VETERINARY MEDICINE. THE UNIVERSITY ALSO PROVIDES A BROAD RANGE OF GRADUATE PROGRAMS AT THE MASTER'S AND DOCTORAL LEVELS. MANY OF THE UNIVERSITY'S PROGRAMS ARE IN HIGHLY TECHNICAL FIELDS SUCH AS ENGINEERING, HEALTHCARE, BEHAVIORAL SCIENCES, BUSINESS, AND MANY OTHERS. ALVERNIA SUPPORTS A STIMULATING, EXPERIENTIAL-BASED LEARNING MODEL IN A CARING VALUED-DRIVEN COMMUNITY THAT IS WELCOMING TO MORE THAN 3,000 STUDENTS WHO HAIL FROM DIVERSE GEOGRAPHICAL, CULTURAL, AND RELIGIOUS BACKGROUNDS. AS ONE OF THE MOST SUCCESSFUL FRANCISCAN INSTITUTIONS IN THE UNITED STATES, ALVERNIA'S VALUES-BASED LEARNING PHILOSOPHY IS GUIDED BY THE IDEAL OF "KNOWLEDGE JOINED WITH LOVE" THAT SHAPES BOTH ITS EDUCATIONAL PHILOSOPHY AND COMMUNITY. STUDENTS BENEFIT FROM FACULTY WHO ARE ACCOMPLISHED SCHOLARS AND SUPPORTIVE MENTORS. ALVERNIA STUDENTS ALSO ENJOY THE PERSONAL ATTENTION AFFORDED BY INTIMATE CLASS SIZES AND REAL-WORLD APPLICATION OF THEIR STUDIES VIA AN EXTENSIVE NETWORK OF FIELDWORK EXPERIENCES, INTERNSHIPS AND SERVICE PROJECTS THAT DEVELOP SUCCESSFUL PROFESSIONALS AND ENGAGED CITIZENS. ALVERNIA IS ALSO A GREAT VALUE AMONG NATIONALLY RANKED PRIVATE PROFESSIONAL UNIVERSITIES, AND WORKS HARD TO KEEP COSTS AFFORDABLE FOR FAMILIES. THE SCHOOL ALSO OFFERS GENEROUS SCHOLARSHIPS AND FINANCIAL AID TO HELP STUDENTS REALIZE THEIR CAREER DREAMS. THE UNIVERSITY'S ATHLETIC TEAMS, THE GOLDEN WOLVES, COMPETE UNDER THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION DIVISION III AND ARE MEMBERS OF THE FREEDOM CONFERENCE OF THE MIDDLE ATLANTIC CONFERENCE, AS WELL AS MEMBERS OF THE EASTERN COLLEGE ATHLETIC CONFERENCE. THE UNIVERSITY SPONSORS THIRTY-THREE ATHLETIC PROGRAMS INCLUDING MEN'S FOOTBALL, BASEBALL AND WRESTLING, MEN'S AND WOMEN'S BASKETBALL, CROSS COUNTRY, GOLF, LACROSSE, SOCCER, TENNIS, ICE HOCKEY, TRACK AND FIELD, WRESTLING, AND E-SPORTS AND WOMEN'S CHEERLEADING, DANCE, FIELD HOCKEY, SOFTBALL, VOLLEYBALL. ALVERNIA'S FRANCISCAN HERITAGE INCLUDES A STRONG INTELLECTUAL TRADITION THAT RECOGNIZES AND VALUES THE IMPORTANCE OF DIVERSITY OF THOUGHT, FAITHS, AND CULTURES. THE UNIVERSITY CHALLENGES STUDENTS TO SHAPE THE WORLD AND TRANSFORM IT AS WORKING PROFESSIONALS, CONCERNED CITIZENS AND CARING COMMUNITY MEMBERS, CONSISTENT WITH THE PRINCIPLES AND TEACHINGS OF SAINT FRANCIS OF ASSISI. OUR GOAL IS TO NOT ONLY PREPARE STUDENTS TO MAKE A LIVING BUT ALSO MAKE A LIFE BY BEING ENGAGED IN THE COMMUNITIES WHERE THEY LIVE AND WORK. THE BERNARDINE FRANCISCAN SISTERS, WHO FOUNDED ALVERNIA IN 1958, ARE MEMBERS OF THE THIRD ORDER REGULAR OF ST. FRANCIS. THE THIRD ORDER WAS A SPONTANEOUS PENITENTIAL LAY MOVEMENT INFLUENCED BY ST. FRANCIS AND THE EARLY BROTHERS AS THEY WORKED AND PREACHED IN CITIES AND TOWNS OF ITALY, ENCOURAGING PEOPLE TO LIVE THE GOSPEL AND EMBRACE A LIFE OF PENANCE IN THEIR OWN HOMES. SOME OF THESE PENITENTS EVENTUALLY DECIDED TO TAKE PUBLIC VOWS AND LIVE A COMMON LIFE, AND THE BERNARDINE FRANCISCAN SISTERS ARE ONE OF MANY RELIGIOUS CONGREGATIONS SHARING THIS THIRD ORDER CHARISM. AS A FRANCISCAN UNIVERSITY, ALVERNIA'S IDENTITY IS BASED ON LIFE CHANGING IDEALS THAT STRESS UNCONDITIONAL LOVE FOR ALL PEOPLE, COMPASSION, HUMILITY, AND FORGIVENESS THROUGH AN UNDERSTANDING OF THE GOSPELS OF JESUS CHRIST. CORE TO ITS MISSION IS THE BELIEF IN THE SANCTITY OF HUMAN LIFE AND THE PROTECTION OF HUMAN RIGHTS THROUGH ACTIVE PARTICIPATION IN THE ECONOMIC, POLITICAL, LEGAL, AND SOCIAL POLICY DIALOG THAT AFFECTS HUMAN DIGNITY. ALVERNIA'S FRANCISCAN MISSION INFLUENCES ALL THAT IT DOES - ITS CURRICULUM AND CULTURE; WHAT THE UNIVERSITY TEACHES AND HOW IT IS TAUGHT. THIS CREATES A LEARNING ENVIRONMENT THAT ENCOURAGES STUDENTS TO FOLLOW THEIR INDIVIDUAL GIFTS TO TRANSFORM THEMSELVES AND THE WORLD AROUND THEM. FROM THESE VALUES WE TEACH STUDENTS TO BETTER UNDERSTAND OTHERS WITH A MISSION OF FINDING COMMON GROUND TO MOVE IDEAS FORWARD AND CREATE POSITIVE CHANGE IN THE WORLD. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE CORPORATION SHALL SERVE IN AN EX-OFFICIO CAPACITY AND SHALL CONSIST OF THE GENERAL MINISTER AND COUNCIL OF THE CONGREGATION OF BERNARDINE SISTERS OF THE THIRD ORDER OF ST. FRANCIS OF READING, PA. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS HAVE THE POWER TO DO THE FOLLOWING: - DETERMINE AND MAINTAIN THE IDENTITY, PURPOSE, AND FRANCISCAN AFFILIATION OF THE CORPORATION - ADOPT, AMEND, REPEAL, OR ALTER THE ARTICLES OF INCORPORATION AND BYLAWS OF THE CORPORATION - APPROVE THE SALE, PURCHASE, MORTGAGE, OR ENCUMBRANCE OF ANY REAL PROPERTY TRANSACTION GREATER THAN $3,000,000 - MERGE, CONSOLIDATE, DISSOLVE, OR EFFECT ANY FUNDAMENTAL CORPORATE REORGANIZATION OF THE CORPORATION - DETERMINE DISTRIBUTION OF ASSETS UPON DISSOLUTION OF THE CORPORATION - PARTICIPATE IN THE NOMINATING OF THE PRESIDENT OF THE BOARD OF TRUSTEES - APPROVE THE USE OF THE NAMES "ALVERNIA", "BERNARDINE", AND "FRANCISCAN" - APPROVE THE ARTICLES OF INCORPORATION AND BYLAWS OF ANY SUBSIDIARY OR RELATED CORPORATION |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 IS PRESENTED TO THE ADMINISTRATION FOR REVIEW AND DISCUSSION. ITEMS THAT NEED CLARIFICATION ARE THEN DISCUSSED WITH MANAGEMENT AND THE UNIVERSITY'S TAX ADVISORS/LEGAL COUNSEL. ONCE ITEMS ARE CLARIFIED AND ANSWERED, THE DRAFT FORM 990 IS PRESENTED TO THE RESOURCE, STEWARDSHIP, AND AUDIT COMMITTEE WHERE THERE IS A DISCUSSION OF THE ENTIRE FORM, QUESTIONS ARE ANSWERED, AND A VOTE TO APPROVE IS CAST. ONCE APPROVED, A COPY IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES VIA THE UNIVERSITY'S SECURE PORTAL. AFTER THE BOARD HAS HAD TIME TO REVIEW AND COMMENT, THE FORM 990 IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE BUSINESS AFFAIRS OFFICE AND HUMAN RESOURCES REVIEWS ALL OF THE STATEMENTS. ANYONE NOTED WITH A CONFLICT IS REQUIRED TO ABSTAIN FROM VOTING ON SUCH TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALVERNIA ENGAGES COMPENSATION CONSULTANTS (TOTAL COMPENSATION SOLUTIONS) TO REVIEW NATIONAL COMPENSATION TRENDS AND MONITORS COMPENSATION AT OUR PEER INSTITUTIONS. THIS INCLUDES UTILIZING NATIONAL SURVEYS AND DATABASES AS WELL AS THE CONSULTANTS' PROPRIETARY SURVEYS AND SPECIFIC REVIEW OF IRS FORM 990S OF PEERS. THE CONSULTANT SERVES AS AN ADVISOR TO THE PRESIDENTIAL COMPENSATION SUB-COMMITTEE (BOARD CHAIR, VICE CHAIR, AND CHAIR OF RESOURCE, STEWARDSHIP, AND AUDIT COMMITTEE). THE COMPENSATION COMMITTEE MAKES ITS RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE PRESIDENT'S PERFORMANCE IS REVIEWED BY THE BOARD OF TRUSTEES IN AN EXECUTIVE SESSION ON AN ANNUAL BASIS. THE UNIVERSITY ALSO USES THE SAME CONSULTING FIRM TO REVIEW THE VICE PRESIDENT'S COMPENSATION. SIMILAR COMPARISONS ARE MADE TO SURVEYS AND PEER GROUPS AS DISCUSSED ABOVE. RECOMMENDATIONS ARE THEN MADE TO THE PRESIDENT. THE VICE PRESIDENTS' SALARIES ARE THEN ALSO REVIEWED BY THE BOARD OF TRUSTEES. THE COMPENSATION DETERMINATION PROCESS IS DOCUMENTED EACH YEAR IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 18 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 8,309,567. MANAGEMENT AND GENERAL EXPENSES 3,503,250. FUNDRAISING EXPENSES 136,927. TOTAL EXPENSES 11,949,744. OTHER FEES: PROGRAM SERVICE EXPENSES 35,634. MANAGEMENT AND GENERAL EXPENSES 11,165. FUNDRAISING EXPENSES 131. TOTAL EXPENSES 46,930. CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,500. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARDINE SISTERS OF THE THIRD ORDER OF ST FRANCIS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 460 SAINT BERNARDINE STREET | AddressLine1Txt |
| City | READING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231691743 | EIN |
| Primary Activities | RELIGIOUS ORDER | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BERNARDINE SISTERS OF THE THIRD ORDER OF ST FRANCIS | ||
| K | $1 | VALUATION |
| BERNARDINE SISTERS OF THE THIRD ORDER OF ST FRANCIS | ||
| M | $170,241 | COST |