2023-01-12T00:00:00-06:00 2022-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2021-07-01 232180252 STUDENT LODGING INC STUD 7176405446 MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 ANDREW KEHL CFO 7176405446 2022-12-23 1 ANDREW KEHL 999009999 DOUGLAS L BERMAN CPA P01269555 7178433804 2022-12-13 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z ANDREW KEHL 21 S GEORGE STREET MILLERSVILLE PA 17551 6487884 0 X STUDENTLODGINGINC.COM X 1981 PA TO PROVIDE, OPERATE AND MAINTAIN FACILITIES TO HOUSE STUDENTS AND OTHER WORTHY PERSONS; TO ESTABLISH, PROVIDE, OPERATE AND MAINTAIN SUCH OTHER FACILITIES AND ACTIVITIES AS THE BOARD OF DIRECTORS AND THE CORPORATION DEEM DESIRABLE FOR STUDENT WELFARE; AND ENGAGING IN ANY OTHER ACTIVITIES OR ENTERPRISES WHICH THE BOARD OF DIRECTORS AND THE CORPORATION DEEM DESIRABLE FOR STUDENT WELFARE. 7 7 0 12 0 0 0 0 6258770 6374685 3530 3018 -552077 110181 5710223 6487884 273529 126690 0 0 0 0 0 0 0 5761048 6359041 6034577 6485731 -324354 2153 35106804 34290365 29016360 28572065 6090444 5718300 X TO PROVIDE, OPERATE AND MAINTAIN FACILITIES TO HOUSE STUDENTS AND OTHER WORTHY PERSONS; TO ESTABLISH, PROVIDE, OPERATE AND MAINTAIN SUCH OTHER FACILITIES AND ACTIVITIES AS THE BOARD OF DIRECTORS AND THE CORPORATION DEEM DESIRABLE FOR STUDENT WELFARE; AND ENGAGING IN ANY OTHER ACTIVITIES OR ENTERPRISES WHICH THE BOARD OF DIRECTORS AND THE CORPORATION DEEM DESIRABLE FOR STUDENT WELFARE. 0 0 5579939 126690 6472634 STUDENT LODGING, INC. OWNS AND MAINTAINS TWO RESIDENCE HALLS, APARTMENT COMPLEXES, AND OTHER RENTAL UNITS THAT PROVIDE HOUSING EXCLUSIVELY FOR STUDENTS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA. 5579939 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X ANDREW KEHL CFO 7176405446 21 SOUTH GEORGE STREET MILLERSVILLE PA 17551 X PHILIP LOHT CHAIRPERSON 0.10 0.00 X X 0 0 0 ABRAM DIFFENBACH VICE CHAIRPERSON (END 12/21) 0.10 1.00 X X 0 0 0 ROBERT SHOPE TREASURER (END 12/21) 0.10 1.00 X X 0 0 0 SARAH DILLON TREASURER (BEG. 12/21)/DIRECTOR 0.10 0.00 X X 0 0 0 GEOFFREY BEERS CHIEF EXECUTIVE OFFICER 17.50 10.00 X X 0 0 0 ROBERT J SEMPSEY CHIEF BUSINESS OFFICER/SECRETARY 17.50 10.00 X X 0 0 0 TY ESPENSHADE DIRECTOR (END 12/21) 0.10 3.00 X 0 0 0 CATHERINE C GLASS DIRECTOR (END 12/21) 0.10 0.00 X 0 0 0 STEPHEN KEPCHAR DIRECTOR 0.10 1.00 X 0 0 0 JODIE RICHARDSON DIRECTOR 0.10 1.00 X 0 0 0 HEIDI SWANSON STUDENT REP/DIRECTOR 0.10 0.00 X 0 0 0 ANDREW KEHL CHIEF FINANCIAL OFFICER 17.50 10.00 X 0 0 0 0 0 0 0 0 0 0 STUDENT SERVICES INC MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 MANAGEMENT AGENCY 1389523 J&J HEATING & COOLING 136 KELLER AVE LANCASTER PA 17601 HVAC CONTRACTOR 102087 ALLEN REFRIGERATED TECHNOLOGIES 2060 MILLER RD EAST PETERSBURG PA 17520 HVAC CONTRACTOR 101474 DIVISION 09 CONTRACT FLOORING 3731 PRICETOWN ROAD FLEETWOOD PA 19522 INSTALLATION SERVICES 100875 4 APARTMENT RENTALS 532000 6374685 6374685 6374685 3018 3018 MISCELLANEOUS REVENUE 900099 97949 97949 WASHER/DRYER COMMISSIO 812300 12232 12232 110181 6487884 6472634 0 15250 126690 126690 828878 828878 37469 37469 28069 28069 397711 397538 173 13797 2594 11203 972795 972795 2790 2790 581138 581138 1780956 1780956 445422 445422 REPAIRS AND MAINTENANCE 615429 615429 HEALTH INSURANCE 220076 220076 STUDENT ORGANIZATION SU 150000 150000 STATE RETIREMENT 131313 131313 153198 153198 6485731 5579939 905792 0 650 650 4005256 4574684 680706 683943 193372 187515 54421015 25709406 30226820 28711609 0 131964 35106804 34290365 563013 467577 238152 181457 27302207 26577893 912988 1345138 29016360 28572065 X 6090444 5718300 6090444 5718300 35106804 34290365 X 2153 -374297 X X 0 1 X 1 0 X 6634782 6744098 6404130 6272052 6472634 32527696 10641 13383 11180 7183 12232 54619 6645423 6757481 6415310 6279235 6484866 32582315 0 0 0 32582315 10856 16222 11080 3530 3018 44706 10856 16222 11080 3530 3018 44706 6656279 6773703 6426390 6282765 6487884 32627021 0.99860 0.99870 0.00140 0.00130 X 2841420 2841420 49652098 24177806 25474292 1689592 1293695 395897 237905 237905 0 28711609 SECURITY DEPOSITS 926578 ACCRUED INTEREST 44263 INTEREST RATE SWAP 374297 1345138 X 6234325 120738 120738 6113587 374297 374297 6487884 6606469 120738 120738 6485731 0 6485731 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: REPAIR REFUNDS 11,738. SALARY REIMBURSEMENT 109,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 374,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: REPAIR REFUNDS 11,738. SALARY REIMBURSEMENT 109,000. 0 MILLERSVILLE UNIVERSITY FOUNDATION DUNCAN ALUM HS 207 N GEORGE ST MILLERSVILLE PA 17551 236435616 501(C)(3) 75000 0 GENERAL PURPOSE MILLERSVILLE UNIVERSITY MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 232397926 501(C)(3) 50000 0 GENERAL PURPOSE 2 0 A PENN INDUSTRIAL DEVELOPMENT AUTHORITY 2021-03-24 18799532 REFINANCE OF PREVIOUS REVENUE NOTES 0 0 0 B PENN INDUSTRIAL DEVELOPMENT AUTHORITY 2021-03-24 8682234 REFINANCE OF PREVIOUS REVENUE NOTES 0 0 0 A 618318 18799532 146108 18653424 1 0 1 1 B 285555 8682234 64609 8617625 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 0 0 0 0 B 0 1 0 0 1 0 0 0 0 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE ORGANIZATION WAS DELEGATED TO STUDENT SERVICES, INC. THROUGH 12/28/2021 AND IRONSTONE TOTAL BUSINESS SUPPORT FROM 12/29/21 TO DATE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE FINANCE COMMITTEE BEFORE IT IS FILED. A COPY OF THE 990 IS ALSO DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C STUDENT LODGING DOES NOT HAVE ANY EMPLOYEES. HOWEVER, ALL BOARD MEMBERS ARE MONITORED BY HUMAN RESOURCES AND THE PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 AT THIS TIME, THE ORGANIZATION HAS NO PAID EMPLOYEES. HOWEVER, THE POLICY IN PLACE FOR ANY FUTURE PAID EMPLOYEES INCLUDES RECOMMENDATIONS FOR COMPENSATION TO TOP MANAGEMENT AND KEY EMPLOYEES BEING SUBMITTED TO THE FINANCE COMMITTEE AND THE FINANCE COMMITTEE'S ENDORSEMENT BEING PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THESE ORGANIZATIONAL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -374,297. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND REVIEW OF THE ORGANIZATION'S AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. IRONSTONE TOTAL BUSINESS SUPPORT 21 S GEORGE ST MILLERSVILLE PA 17551 871788362 SUPPORTIVE SERVICES PA 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0