2024-11-15T09:34:44-06:00 2024-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-06-01 250965376 GENEVA COLLEGE GENE 7248465100 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 TIMOTHY R BAIRD VP OF BUSINESS & FINANCE 7248465100 2024-11-13 1 0 SARAH R PIOT P01358891 4122613644 2023 2024-10-15 13:58:12Z CALVIN TROUP 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 53967668 0 X WWW.GENEVA.EDU X 1848 PA GENEVA COLLEGE IS A CHRIST-CENTERED ACADEMIC COMMUNITY THAT PROVIDES A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR. 19 15 902 150 905 0 17298450 4087705 40393542 42531453 979314 4287336 69577 93458 58740883 50999952 15333088 15505287 0 0 21142394 20980862 115238 95655 1674131 14908431 14749057 51499151 51330861 7241732 -330909 97852036 100082536 7035782 5066437 90816254 95016099 X GENEVA COLLEGE IS A CHRIST-CENTERED ACADEMIC COMMUNITY THAT PROVIDES A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR. 0 0 26950527 15505287 34106688 GENEVA COLLEGE IS A CHRIST-CENTERED ACADEMIC COMMUNITY THAT PROVIDES A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR. THE COLLEGE OFFERS 195 TRADITIONAL UNDERGRADUATE MAJORS AND PROGRAMS, FULLY ONLINE ADULT DEGREE PROGRAMS AND HIGH-DEMAND GRADUATE DEGREES. ADHERING TO THE TRUTH OF SCRIPTURE, A GENEVA EDUCATION IS GROUNDED IN GOD'S WORD, AS WELL AS IN A CORE CURRICULUM DESIGNED TO PREPARE STUDENTS VOCATIONALLY TO THINK, WRITE AND COMMUNICATE WELL IN TODAY'S WORLD. THE COLLEGE IS A NONPROFIT INSTITUTION LOCATED IN BEAVER FALLS, PENNSYLVANIA AND WAS FOUNDED IN 1848. SEE CONTINUATION ON SCHEDULE O. 18344372 0 8424785 ACADEMIC SUPPORT, STUDENT SERVICES, AND AUXILIARY SERVICES. 45294899 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1603 0 1 902 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DOUG MAWHINNEY CONTROLLERDIR OF ACCOUNTING 7248476504 3200 COLLEGE AVE BEAVER FALLS PA 15010 JOEL SILVERMAN CHAIRMAN 1.00 0.00 X X 0 0 0 KENNETH DE JONG VICE CHAIR/CORPORATOR 1.00 0.00 X X 0 0 0 DR BONNIE WEIR SECRETARY/CORPORATOR 1.00 0.00 X X 0 0 0 GREGORY BEECHAUM TRUSTEE 1.00 0.00 X 0 0 0 JOHN P EDGAR ESQ TRUSTEE 1.00 0.00 X 0 0 0 KATHRYN GARDNER TRUSTEE 1.00 0.00 X 0 0 0 PAUL HEMPHILL TRUSTEE/CORPORATOR 1.00 0.00 X 0 0 0 DAVID HOWELL TRUSTEE 1.00 0.00 X 0 0 0 DONALD KIRKWOOD TRUSTEE 1.00 0.00 X 0 0 0 RAYMOND E LIPPS TRUSTEE 1.00 0.00 X 0 0 0 LUKE O'NEILL TRUSTEE 1.00 0.00 X 0 0 0 HERBERT MCCRACKEN TRUSTEE 1.00 0.00 X 0 0 0 SHANA MILROY TRUSTEE/CORPORATOR 1.00 0.00 X 0 0 0 SCOTT REYNOLDS TRUSTEE/CORPORATOR 1.00 0.00 X 0 0 0 MARK SAMPSON TRUSTEE 1.00 40.00 X 0 61537 0 DAVID SHEDD TRUSTEE 1.00 0.00 X 0 0 0 DAVID SCHAEFER TRUSTEE/CORPORATOR 1.00 0.00 X 0 0 0 DALE WEAVER TRUSTEE 1.00 0.00 X 0 0 0 ETHAN WINGFIELD TRUSTEE 1.00 0.00 X 0 0 0 CALVIN TROUP PRESIDENT 40.00 0.60 X 264412 2400 46248 MELINDA R STEPHENS VICE PRESIDENT OF ACADEMIC AFFAIRS 40.00 0.00 X 188147 0 113202 TIMOTHY R BAIRD VP OF BUSINESS & FINANCE 40.00 1.00 X 158396 0 18162 MARVIN DEWEY VP OF INSTITUTIONAL ADVANCEMENT 1.00 40.00 X 158116 0 8286 WILLEM DE RUIJTER VP ENROLLMENT/MARKETING 40.00 0.00 X 138131 0 9127 CHRISTOPHER TREIB VP INFORMATION TECHNOLOGY 40.00 0.00 X 147138 0 12155 JONATHAN WATT ASSIST PROFESSOR OF BIBLICAL STUDIES 40.00 0.00 X 131535 0 4788 CHRISTEN ADELS CHAIR DEPT BUS, ACCT & SPORT MGM 40.00 0.00 X 144347 0 6572 1330222 63937 218540 17 0 1 0 PIONEER COLLEGE CATERERS INC 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICE 2442612 MCCLURE COMPANY 4101 N SIXTH ST PO BOX 1579 HARRISBURG PA 17105 BOILER MAINTENANCE & REPAIR 569018 CCBC 1 CAMPUS DRIVE MONACA PA 15061 PROGRAM PROVIDER 315977 JENZABAR 181 SOUTH LIBERTY STREET HARRISONBURG VA 22801 SOFTWARE SOLUTIONS 255475 GLACIER COMMUNICATIONS INC 1235 - 26 AVE SE CALLGARY ALBERTA CA T2G 1R7 ADVERTISING 234000 19 1951578 1032573 1103554 4087705 TUITION AND FEES 900099 34106668 34106668 STUDENT HOUSING 900099 3847951 3847951 FOOD SERVICE 900099 3543182 3543182 STUDENT SERVICES AND ACTIVITIES 900099 787360 787360 CAMPUS STORE 900099 51041 51041 195251 195251 42531453 3918569 905 3917664 8445 8445 105826 20813 85013 85013 85013 3166327 149343 2941595 5308 224732 144035 368767 368767 50999952 42531453 905 4379889 15421059 15421059 84228 84228 593945 302624 236355 54966 16750500 14416495 1478672 855333 580440 490776 58242 31422 1814524 1618048 90919 105557 1241453 931271 255141 55041 33372 33372 147121 147121 638 638 95655 95655 263764 263764 1855664 1431829 373130 50705 449743 5511 313572 130660 1688889 1430182 216426 42281 1030706 978172 9752 42782 1312775 1294867 -200 18108 1383602 1114366 156566 112670 43055 30471 11675 909 67742 17079 50663 2569016 2494375 39734 34907 494495 26570 467631 294 FOOD SERVICE 2170837 2170837 OTHER INSTRUCTIONAL 321179 251429 47723 22027 MEMBERSHIP & DUES 177364 110787 64671 1906 739095 673923 46264 18908 51330861 45294899 4361831 1674131 1104327 1775529 1094003 1697555 7078 2606 4925811 1067286 236814 134447 102546190 69581797 33937626 32964393 43340012 45853394 8222617 11342334 4983748 5244992 97852036 100082536 4639137 2615103 1232897 1160889 1163748 1290445 7035782 5066437 X 28923698 37579131 61892556 57436968 90816254 95016099 97852036 100082536 X -330909 4586212 -55458 X X 0 1 X 1 1 1 X 4570897 7357980 9449645 17298450 4087707 42764679 4570897 7357980 9449645 17298450 4087707 42764679 8056114 34708565 3288060 2221278 7674908 2205778 4032840 19422864 5841 905 6746 62194289 204353648 0.55810 0.57650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 638 638 0 PART II-B, LINE 1: A PORTION OF THE COLLEGE'S PROFESSIONAL MEMBERSHIP DUES ARE ALLOCATED TO LOBBYING. X X X 0 52128058 59840 7830448 1192721 831720 57993905 54672156 1875 -382960 1079966 1083047 52128058 60245898 110901 -3353132 2331511 54672156 48811484 1034360 12703275 1246928 1056293 60245898 43264240 5466915 2233191 783123 1127174 242565 48811484 0.08200 0.59910 0.31890 0 1 1 3287513 3287513 70546796 44519184 26027612 27850269 25062613 2787656 861612 861612 32964393 LIMITED PARTNERSHIPS 5984559 F HEDGE FUNDS 5357775 F 11342334 CASH SURRENDER VALUE OF LIFE INSURANCE 59740 PERPETUAL TRUSTS HELD BY THIRD PARTIES 4962652 OTHER ASSETS 222600 5244992 ANNUITIES AND LIFE INCOME TRUSTS PAYABLE 250304 REFUNDABLE FEDERAL STUDENT LOAN FUNDS 251418 POSTRETIREMENT BENEFIT OBLIGATION 372864 CAPITAL LEASE 415859 1290445 X 37872435 4586212 20813 4607025 33265410 263764 17470778 17734542 50999952 35582623 20813 20813 35561810 263764 15505287 15769051 51330861 PART III, LINE 1A: THE COLLEGE HAS VARIOUS LITERARY, ARCHIVAL AND ARTISTIC COLLECTIONS, WHICH CONSIST OF EVANGELICAL MANUSCRIPTS, PRIVATE PAPERS, RARE BOOKS OF SEVERAL AUTHORS, AND WORKS OF ART. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: GENEVA COLLEGE IS A LIBERAL ARTS COLLEGE PROMOTING EDUCATION AND APPRECIATION FOR THE ARTS AND SCIENCES. COLLECTIONS OF ARTWORK, HISTORICAL DOCUMENTS AND MANUSCRIPTS THAT THE COLLEGE MAINTAINS HELP TO ENHANCE THE EDUCATION THAT THE COLLEGE IS SEEKING TO PROVIDE. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR SUPPORT OF ITS MISSION. ITS ENDOWMENT INCLUDES BOARD-DESIGNATED AND DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE COLLEGE TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. HOWEVER, TO THE EXTENT THAT SOME AUXILIARY REVENUES AND INVESTMENT INCOME ON CERTAIN TYPES OF INVESTMENTS EXCEED THE RELATED EXPENSES, THEY ARE CONSIDERED TO BE UNRELATED BUSINESS INCOME AND SUBJECT TO INCOME TAX. THE ORGANIZATION FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT MAY 31, 2024 AND 2023 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION OF TAX RETURNS FOR YEARS BEFORE 2021 AND 2022, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,813. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM FOUNDATION 1,951,578. TUITION DISCOUNTS AND FUNDED SCHOLARSHIPS 15,505,287. ACTUARIAL ADJUSTMENT ON ANNUITIES 13,913. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 20,813. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND FUNDED SCHOLARSHIPS 15,505,287. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 GENEVA COLLEGE ADMITS STUDENTS OF ANY RACE, COLOR, SEX, DISABILITY AND NATIONAL OR ETHNIC ORIGIN TO ALL OF THE RIGHTS AND PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. GENEVA DOES NOT DISCRIMINATE AGAINST STUDENTS ON THE BASIS OF RACE, COLOR, SEX, RELIGION, HANDICAP AND NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC ACTIVITIES OR OTHER SCHOOL-ADMINISTERED PROGRAMS. GENEVA COLLEGE DRAWS A MAJORITY OF ITS STUDENTS FROM THE NORTHEAST AND MIDWEST PORTIONS OF THE UNITED STATES, AND PARTICULARLY SOUTHWEST PENNSYLVANIA. THE COLLEGE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY IN ITS RECRUITING OF ITS STUDENTS. THE COLLEGE ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT BASED ON THE NUMBER OF PENNSYLVANIA STATE GRANT RECIPIENTS FROM THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY. SCHEDULE E, PART I, LINE 7 THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE, WHICH IS THE MOST IMPORTANT VEHICLE FOR PROVIDING INFORMATION ABOUT THE INSTITUTION TO PROSPECTIVE STUDENTS AS WELL AS OTHER CONSTITUENTS SUCH AS CURRENT STUDENTS, FACULTY, STAFF, PARENTS, ALUMNI AND SUPPORTERS. IT ALSO INCLUDES ITS NONDISCRIMINATORY POLICY IN THE COLLEGE HANDBOOK, CATALOG, AND ON ALL APPLICATIONS FOR ENROLLMENT IN ALL OF ITS PROGRAMS - TRADITIONAL UNDERGRADUATE, ADULT DEGREE AND GRADUATE PROGRAMS. IF PROSPECTIVE STUDENTS OR INTERESTED PARTIES ARE SEARCHING FOR INFORMATION ABOUT ENROLLMENT AT THE COLLEGE THROUGH THE WEBSITE, THROUGH ENROLLMENT STAFF OR THROUGH THE ELECTRONIC OR WRITTEN APPLICATION PROCESS, THEY WILL BE INFORMED OF THE RACIALLY NONDISCRIMINATORY POLICY OF GENEVA COLLEGE. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIPS EDUCATIONAL 56209 SOUTH AMERICA 0 0 SCHOLARSHIPS EDUCATIONAL 2124 MIDDLE EAST AND NORTH AFRICA 0 0 SCHOLARSHIPS EDUCATIONAL 9655 EAST ASIA AND THE PACIFIC 0 0 SCHOLARSHIPS EDUCATIONAL 16240 CENTRAL AMERICA AND THE CARIBBEAN 0 0 FOREIGN INVESTMENTS N/A 6677227 0 0 0 0 0 0 6761455 0 6761455 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 9 56209 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 16240 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS MIDDLE EAST & NORTH AFRICA 1 9655 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS EAST ASIA & PACIFIC 1 2124 POSTING TO STUDENT'S ACCOUNT N/A N/A 1 0 1 1 1 0 PART I, LINE 2: THE COLLEGE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON MERIT AND FINANCIAL NEED. THE FINANCIAL AID OFFICE AND BUSINESS OFFICE MAINTAIN RECORDS ON WHAT STUDENTS ARE AWARDED, AND THE FINANCIAL AID OFFICE HAS SPECIFIC CRITERIA THAT MUST BE FOLLOWED IN AWARDING AID TO STUDENTS. THE CRITERIA FOR AWARDING AID IS DOCUMENTED BY THE FINANCIAL AID OFFICE. WITH RESPECT TO GENEVA STUDENTS STUDYING OUTSIDE THE U.S., THE REPORTABLE AID IS CREDITED TO STUDENT'S ACCOUNTS BY THE COLLEGE. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. X X 1 THE FOCUS GROUP 521 A1A BEACH BLVD ST AUGUSTINE FL 32080 CAPITAL CAMPAIGN 0 0 95655 -95655 95655 -95655 PA 1 STUDENT SCHOLARSHIPS/FINANCIAL AID 926 15421059 N/A N/A PART I, LINE 2: GENEVA COLLEGE AWARDS GRANTS BASED UPON THE FOLLOWING: THE COLLEGE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON MERIT AND FINANCIAL NEED. THE FINANCIAL AID OFFICE AND BUSINESS OFFICE MAINTAIN RECORDS ON WHAT STUDENTS ARE AWARDED, AND THE FINANCIAL AID OFFICE HAS SPECIFIC CRITERIA THAT MUST BE FOLLOWED IN AWARDING AID TO STUDENTS. THE CRITERIA FOR AWARDING AID IS DOCUMENTED BY THE FINANCIAL AID OFFICE. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CALVIN TROUP PRESIDENT 260296 2400 0 0 4116 0 11730 0 34518 0 310660 2400 0 0 MELINDA R STEPHENS VICE PRESIDENT OF ACADEMIC AFFAIRS 188147 0 0 0 0 0 7795 0 105407 0 301349 0 0 0 TIMOTHY R BAIRD VP OF BUSINESS & FINANCE 158396 0 0 0 0 0 7228 0 10934 0 176558 0 0 0 MARVIN DEWEY VP OF INSTITUTIONAL ADVANCEMENT 158116 0 0 0 0 0 7263 0 1023 0 166402 0 0 0 CHRISTOPHER TREIB VP INFORMATION TECHNOLOGY 147138 0 0 0 0 0 6388 0 5767 0 159293 0 0 0 CHRISTEN ADELS CHAIR DEPT BUS, ACCT & SPORT MGM 144347 0 0 0 0 0 5511 0 1061 0 150919 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDED TRAVEL ACCOMODATIONS TO THE PRESIDENT AND HIS WIFE FOR BUSINESS PURPOSES. THE COLLEGE PROVIDED A PERSONAL RESIDENCE TO THE PRESIDENT WITH A FAIR RENTAL VALUE OF $18,906 AND UTILITIES TOTALING $9,445. 89536 TUITION ASSISTANCE FINANCIAL AID FORM 990, PART III, LINE 4A: THE COLLEGE IS GOVERNED BY THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA (RPCNA) AND IS A FOUNDING MEMBER OF BOTH THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES (CCCU) AND THE INTERNATIONAL ASSOCIATION FOR CHRISTIAN EDUCATION (IACE). THE FULL AND PART-TIME STUDENT ENROLLMENT WAS: SUMMER 2023 FALL 2023 SPRING 2024 FULL-TIME: 39 1152 965 PART-TIME: 200 218 200 TOTAL: 239 1370 1165 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE THREE OFFICERS OF THE BOARD OF TRUSTEES (CHAIR, VICE CHAIR AND SECRETARY) ALONG WITH ALL STANDING BOARD OF TRUSTEE COMMITTEE CHAIRS. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT AS NECESSARY ON BEHALF OF THE BOARD OF TRUSTEES WHEN IT IS NOT IN SESSION. UNLESS VETOED BY THE BOARD OF TRUSTEES AT ITS NEXT MEETING, ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE VALID AND BINDING ACTIONS OF THE BOARD OF TRUSTEES. ALL EXECUTIVE COMMITTEE MEMBERS ARE ALSO MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PENNSYLVANIA NONPROFIT CORPORATION WHICH HAS MEMBERS RATHER THAN STOCKHOLDERS. THE MEMBERS OF THE ORGANIZATION CONSIST OF THE MEMBERS OF THE BOARD OF CORPORATORS OF THE ORGANIZATION. THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA (RPCNA) ELECTS A BOARD OF CORPORATORS, AND ONE OF THE ROLES OF THE BOARD OF CORPORATORS IS TO ELECT THE BOARD OF TRUSTEES AND GIVE FINAL APPROVAL FOR THE ELECTION OF THE PRESIDENT OF THE COLLEGE. SIX TRUSTEES SHALL SERVE AS BOTH CORPORATORS AND TRUSTEES CONCURRENTLY. AT LEAST 11 OF THE 21 MEMBERS OF THE BOARD OF TRUSTEES MUST COME FROM THE MEMBERSHIP OF THE RPCNA. FORM 990, PART VI, SECTION A, LINE 7A GENEVA COLLEGE IS GOVERNED BY THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA (RPCNA). THE RPCNA ELECTS A BOARD OF CORPORATORS, AND ONE OF THE ROLES OF THE BOARD OF CORPORATORS IS TO ELECT THE BOARD OF TRUSTEES AND GIVE FINAL APPROVAL FOR THE ELECTION OF THE PRESIDENT OF GENEVA COLLEGE. SIX OF THE CORPORATORS ARE ALSO MEMBERS OF THE BOARD OF TRUSTEES OF GENEVA COLLEGE. FORM 990, PART VI, SECTION A, LINE 7B GENEVA COLLEGE IS A CHRISTIAN INSTITUTION OF HIGHER EDUCATION OPERATED BY A BOARD OF TRUSTEES, BUT GOVERNED BY A BOARD OF CORPORATORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER AND THE VP OF BUSINESS & FINANCE. THE FORM 990 IS ALSO REVIEWED, DISCUSSED AND APPROVED BY THE BUSINESS AND OPERATIONS COMMITTEE OF THE BOARD OF TRUSTEES. THE FORM 990 IS MADE AVAILABLE TO ALL OF THE BOARD OF TRUSTEES MEMBERS PRIOR TO E-FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ADMINISTRATIVE ASSISTANT OF THE PRESIDENT COLLECTS AND REVIEWS ALL OF THE CONFLICT OF INTEREST STATEMENTS COMPLETED BY THE BOARD OF TRUSTEES AND MAINTAINS A CHECKLIST TO ENSURE THAT SHE RECEIVES ALL OF THEM. SHE THEN DOCUMENTS ANY DISCLOSURES MADE AND FORWARDS THIS DOCUMENT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO - THE COMMITTEE ON THE PRESIDENT ESTABLISHED A COMPENSATION TARGET OF THE 60TH PERCENTILE OF THE COUNCIL FOR CHRISTIAN COLLEGES & UNIVERSITIES (CCCU) SCHOOLS FOR THE PRESIDENT AFTER REVIEWING DATA PROVIDED BY THE COLLEGE'S COMPENSATION CONSULTANT. THE COMMITTEE MAKES RECOMMENDATIONS TO ADJUST THE PRESIDENTS COMPENSATION PERIODICALLY IN REGARDS TO COMPENSATION DATA AND ESTABLISHED TARGETS. THE PRESIDENT'S PERFORMANCE AND THE COLLEGE'S FINANCIAL POSITION WERE ALL FACTORED INTO THE COMMITTEE'S RECOMMENDATION TO THE BOARD OF TRUSTEES. TOP MGMT/OTHER OFFICERS/KEY EMPLOYEES - FOR THE VICE PRESIDENT OF BUSINESS & FINANCE, VICE PRESIDENT OF ACADEMIC AFFAIRS, VICE PRESIDENT OF ADVANCEMENT, VICE PRESIDENT OF STUDENT DEVELOPMENT AND VICE PRESIDENT OF INFORMATION TECHNOLOGY SERVICES, THE DIRECTOR OF HUMAN RESOURCES PROVIDES COMPENSATION DATA TO THE PRESIDENT ON THE RELATIVE PLACE OF EACH POSITION WITHIN ITS PAY RANGE. PAY RANGES ARE ESTABLISHED BASED ON BENCHMARKS TO SURVEY DATA USING THE PERCENTILE OF CCCU SCHOOLS REPORTED IN THE SURVEY. THE DIRECTOR OF HUMAN RESOURCES PARTICIPATES IN AND HAS ACCESS TO A COMPENSATION SURVEY WITH OTHER CHRISTIAN COLLEGES THROUGH THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA) DATA ON DEMAND FEATURE. THE BENCHMARK CHOSEN IS THE 60TH PERCENTILE OF CCCU SCHOOLS. THE PRESIDENT CONSIDERS THE PREVIOUS YEAR'S PERFORMANCE AND GOAL ATTAINMENT IN MAKING COMPENSATION ADJUSTMENTS (USING A SIMILAR RAISE MATRIX USED FOR OTHER STAFF EMPLOYEES WHICH ESTABLISHES A GENERAL RAISE RANGE PARAMETER BASED ON PERFORMANCE RATING AND PAY RANGE PENETRATION). HE ALSO CONSIDERS THE RESPONSIBILITIES AND PROJECTS ACCOMPLISHED AND NEW DUTIES ASSUMED IN THE PREVIOUS YEAR. THE PRESIDENT INFORMS THE DIRECTOR OF HUMAN RESOURCES OF THE APPROPRIATE CHANGES TO EXECUTIVE COMPENSATION. THE PRESIDENT MAY ALSO DIRECT THE DIRECTOR OF HUMAN RESOURCES TO PAY RELATIVELY SMALL PERFORMANCE BONUSES FROM TIME TO TIME. FOR POSITIONS SUCH AS DEANS AND ASSOCIATE VICE PRESIDENTS FOR THE FUNCTIONAL AREAS OF THE COLLEGE, THE PROCESS FOR ESTABLISHING PAY (AND PAY INCREASES) IS THE SAME AS ABOVE EXCEPT THAT THE DECISION MAKER FOR THESE POSITIONS REST WITH THEIR RESPECTIVE SUPERVISOR. FORM 990, PART VI, SECTION C, LINE 19 GENEVA COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY STATEMENT AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND THROUGH ITS OWN WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN ANNUITIES AND LIFE INCOME TRUSTS -13,913. INCREASE IN PROVISION FOR BAD DEBT EXPENSE -41,545. FORM 990, PART XII, QUESTION 2, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE COLLEGE'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GENEVA FACILITIES LLC 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 HOLDING REAL PROPERTY PA -47814 9053780 GENEVA COLLEGE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA 7418 PENN AVENUE PITTSBURGH PA 15208 250987250 A CHURCH SPREADING THE GOSPEL OF JESUS CHRIST & DISCIPLING BELIEVERS. PA 501(C)(3) 170(B)(1)(A)(I) N/A 0 GENEVA COLLEGE FOUNDATION 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 844612991 SOLICITING DONATIONS ON BEHALF OF GENEVA COLLEGE PA 501(C)(3) 170(B)(1)(A)(VI) GENEVA COLLEGE 1 DOLLENA K DRANE TRUST 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256837004 PHILANTHROPY PA N/A T 1.00000 1 CHARITABLE REMAINDER UNITRUST (5) 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 PHILANTHROPY PA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 GENEVA COLLEGE FOUNDATION C 1951578 FMV GENEVA FACILITIES R 47814 FMV