2025-04-15T12:30:02-05:00 2024-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-06-01 922192433 FRANCISCAN SERVICES INC FRAN 7166497900 5200 SOUTH PARK AVENUE HAMBURG NY 14075 RYAN CASTER CFO 7166497900 2025-04-15 1 0 SARAH M HOPKINS P02010701 7168563300 2025-04-15 2023 2025-03-06 01:10:19Z X DR MICHAEL BROPHY 5200 SOUTH PARK AVENUE HAMBURG NY 14075 27491641 0 X N/A X 2023 NY FRANSCISCAN SERVICES, INC. (FSI)'S PURPOSE IS TO SUPPORT HILBERT COLLEGE, A NEW YORK CHARTERED HIGHER EDUCATIONAL ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED FROM TIME TO TIME OR CORRESPONDING PROVISIONS OF ANY FUTURE FEDERAL TAX LAWS (THE "CODE") IN FURTHERING ITS EDUCATIONAL MISSION AND TO CONDUCT ANY OTHER ACTIVITIES AS SHALL BE APPROPRIATE IN CONNECTION WITH THE FOREGOING AND AS ARE LAWFUL FOR CHARITABLE NOT-FOR-PROFIT CORPORATIONS. 8 7 243 8 0 0 0 25977050 39534 1475057 27491641 680133 0 12336322 0 0 15257420 28273875 -782234 21623169 21911443 21623169 23195027 0 -1283584 X FRANSCISCAN SERVICES, INC. (FSI)'S PURPOSE IS TO SUPPORT HILBERT COLLEGE, A NEW YORK CHARTERED HIGHER EDUCATIONAL ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED FROM TIME TO TIME OR CORRESPONDING PROVISIONS OF ANY FUTURE FEDERAL TAX LAWS (THE "CODE") IN FURTHERING ITS EDUCATIONAL MISSION AND TO CONDUCT ANY OTHER ACTIVITIES AS SHALL BE APPROPRIATE IN CONNECTION WITH THE FOREGOING AND AS ARE LAWFUL FOR CHARITABLE NOT-FOR-PROFIT CORPORATIONS. 0 0 19416380 680133 25977050 THROUGH IT'S DISREGARDED ENTITY, VALLEY COLLEGE, THE ORGANIZATION PROVIDES POSTSECONDARY EDUCATION TRAINING IN BUSINESS AND MEDICAL CAREERS AT ITS CAMPUSES LOCATED IN MARTINSBURG AND BECKLEY, WEST VIRGINIA; AND CLEVELAND AND FAIRLAWN, OHIO. 19416380 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 77 0 1 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RYAN CASTER CFO OF HILBERT COLLEGE 7169268818 5200 SOUTH PARK AVENUE HAMBURG NY 14075 JEFFREY PAPIA CHAIRPERSON 2.00 X X 0 0 0 JONATHAN HULBERT TRUSTEE 1.00 X 0 0 0 BROOKE TOMPKINS TRUSTEE 1.00 X 0 0 0 JOHN CIMINELLI TRUSTEE 1.00 X 0 0 0 JAMES IGLEWSKI TRUSTEE 1.00 X 0 0 0 MICHELLE SULLIVAN TRUSTEE 1.00 1.00 X 0 0 0 LAURIE CARRA TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL S BROPHY PHD TRUSTEE 1.00 40.00 X 0 301828 52074 LYNN MIZANIN VALLEY EXEC VP OF OPERATIONS 40.00 X 216629 0 0 MATTHEW JENKINS VALLEY VICE PRESIDENT 40.00 X 161978 0 0 ELAINE GARDNER VALLEY VP COMPLIANCE, CAREER SERVICES & REGULATORY 40.00 X 161198 0 0 SASHA PEARRELL VALLEY DIRECTOR OF BUSINESS OFFICE OPERATIONS & HR 40.00 X 129924 0 0 MARY MEDDERS VALLEY NURSING PROGRAM ADMINISTRATOR 40.00 X 102086 0 0 771815 301828 52074 5 0 1 0 HIGHMARK WEST VIRGINIA 614 MARKET STREET PARKERSBURG WV 26101 FOOD SERVICE 812602 CENGAGE LEARNING 10650 TOEBBEN DRIVE INDEPENDENCE KY 41051 ONLINE LEARNING PLATFORMS 551080 ELLUCIAN COMPANY LLC 4 COUNTRY VIEW ROAD MALVERN PA 19355 INFORMATION TECHNOLOGY 355677 FREED MAXICK PC 424 MAIN STREET SUITE 800 BUFFALO NY 14202 ACCOUNTING 257367 DUANE MORRIS LLP 901 NEW YORK AVENUE NW SUITE 700 WASHINGTON DC 20001 LEGAL 256080 7 TUITION AND FEES 611600 22559144 22559144 AUXILIARY SERVICES 721000 3417906 3417906 25977050 39534 39534 SHARED SERVICES/INTERCOMPANY REVE 900099 1475057 1475057 1475057 27491641 25977050 0 1514591 X 680133 680133 10870581 8538207 2332374 647769 518215 129554 817972 681643 136329 4021686 1369546 2652140 1923125 1538500 384625 4650576 3720461 930115 82496 65997 16499 1351190 1080952 270238 63024 50419 12605 47287 37830 9457 774758 774758 712371 556821 155550 271023 216818 54205 CREDIT LOSS EXPENSE 798000 798000 561884 360838 201046 28273875 19416380 8857495 0 1332742 3180013 3164465 2349559 582793 475349 2108045 696083 2076694 1411962 10837170 10321500 3629305 4173060 21623169 21911443 1501524 4480145 3685046 3165293 12455732 11549537 3980867 4000052 21623169 23195027 X -1283584 0 -1283584 21623169 21911443 X -782234 -501350 X X 0 1 X 1 1 1 X X X 1 HILBERT COLLEGE 166031585 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1106129 348041 758088 1001916 348042 653874 1411962 RIGHT OF USE ASSETS - LEASES 2721925 DUE FROM AFFILIATES 1451135 4173060 OTHER LIABILITIES 1207405 LEASE LIABILITIES 2792647 4000052 1 SCHOLARSHIPS 245 680133 PART I, LINE 2: STUDENTS SEEKING FINANCIAL AID MUST FILE A FAFSA TO DETERMINE THEIR ELIGIBILITY AND NEED FOR GRANT AND SCHOLARSHIP ASSISTANCE. SCHOLARSHIPS ARE APPLIED AGAINST THE STUDENT'S TUITION BILL. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL S BROPHY PHD TRUSTEE 0 278928 0 0 0 22900 0 12341 0 39733 0 353902 0 0 LYNN MIZANIN VALLEY EXEC VP OF OPERATIONS 216629 0 0 0 0 0 0 0 0 0 216629 0 0 0 MATTHEW JENKINS VALLEY VICE PRESIDENT 161978 0 0 0 0 0 0 0 0 0 161978 0 0 0 ELAINE GARDNER VALLEY VP COMPLIANCE, CAREER SERVICE 161198 0 0 0 0 0 0 0 0 0 161198 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL BROPHY, PH. D., MICHELLE SULLIVAN AND LAURIE CARRA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO ALL CURRENT MEMBERS OF THE FRANCISCAN SERVICES, INC. BOARD. THE BOARD DISCUSSES THE FORM. COMMENTS ARE NOTED PRIOR TO FILING OF THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS OF THE CORPORATION ANNUALLY FILE A CONFLICT OF INTEREST STATEMENT. EACH PERSON IDENTIFIES ACTUAL AND POTENTIAL CONFLICTS ON THEIR STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 FRANCISCAN SERVICES, INC. DOES NOT MAKE ITS BYLAWS, POLICIES, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. IT DOES COMPLY WITH REGULATIONS RELATED TO THE DISCLOSURE OF ITS IRS FORM 990. ALL PARTS OF FORM 990, AS REQUIRED, ARE PUBLISHED ON THE INTERNET VIA GUIDESTAR.ORG. ALSO, THE ENTITY DOES MAKE COPIES OF THE FORM 990, EXCEPT FOR SCHEDULE B, AVAILABLE TO INDIVIDUALS UPON THEIR REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,369,546. MANAGEMENT AND GENERAL EXPENSES 2,652,140. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,021,686. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED FROM AFFILIATES -501,350. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. VALLEY TRAINING CENTERS INC DBA VALLEY COLLEGE 287 AIKENS CENTER MARTINSBURG WV 25404 HIGHER EDUCATION WV 25420845 20762272 FRANCISCAN SHARED SERVICES INC HILBERT COLLEGE 5200 SOUTH PARK AVENUE HAMBURG NY 14075 166031585 HIGHER EDUCATION NY 501(C)(3) LINE 12A, I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 HILBERT COLLEGE R 501350 ACTUAL TRANSFER HILBERT COLLEGE Q 1326662 ACTUAL EXPENSES REIMBURSED