2023-04-04T15:04:45-05:00 2022-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2021-06-01 240795506 WILKES UNIVERSITY WILK 5704084500 84 WEST SOUTH STREET WILKES BARRE PA 18766 ELLEN GALLAGHER VP OF FINANCE AND COO 5704084500 2023-04-03 1 ELLEN GALLAGHER XXX-XX-XXXX SARAH R PIOT P01358891 4122613644 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z GREG CANT PRESIDENT 84 WEST SOUTH STREET WILKES BARRE PA 18766 183860634 0 X WWW.WILKES.EDU X 1933 PA TO EDUCATE THROUGH A COMMITMENT TO ATTENTION, EXCEPTIONAL TEACHING, AND ACADEMIC EXCELLENCE. 26 24 1866 209 -997 0 10426784 15815462 129356777 141908571 6170532 3014534 128764 161562 146082857 160900129 42178127 44458708 0 0 58957825 58902118 0 0 888261 36042994 50225157 137178946 153585983 8903911 7314146 257594047 255715402 112942930 110690776 144651117 145024626 X SEE SCHEDULE O 0 0 88429347 44324504 125686296 INSTRUCTION: INCLUDES ALL EXPENDITURES FOR ACTIVITIES THAT ARE PART OF THE INSTITUTION'S INSTRUCTIONAL PROGRAMS. THIS INCLUDES CREDIT AND NON CREDIT COURSES, ACADEMIC, VOCATIONAL AND TECHNICAL INSTRUCTION. THE UNIVERSITY OFFERS 48 UNDERGRADUATE MAJORS, 15 GRADUATE PROGRAMS AND SEVERAL PRE-PROFESSIONAL PROGRAMS. ENROLLMENT INCLUDES 2,007 FULL-TIME UNDERGRADUATE STUDENTS FROM 30 STATES AND 13 FOREIGN COUNTRIES. CLASS SIZES ARE KEPT SMALL TO ENABLE GREATER ACCESS TO PROFESSORS AND MORE INDIVIDUALIZED ATTENTION IN THE CLASSROOM. UNDERGRADUATE FRESHMEN CLASS SIZES AVERAGE 19 STUDENTS WITH 15 STUDENTS FOR UPPER LEVEL CLASSES. WILKES IS DEDICATED TO BEING A LEADER IN HIGHER EDUCATION THROUGHOUT THE NORTHEASTERN UNITED STATES AND IS DEDICATED TO ACADEMIC EXCELLENCE THROUGH MENTORING. (CONTINUED ON SCHEDULE O)THIS ALSO INCLUDES EXPENDITURES FOR GENERAL, NEED BASED, AND ENDOWMENT SCHOLARSHIPS AND FELLOWSHIPS FROM RESTRICTED OR UNRESTRICTED CURRENT FUNDS IN THE FORM OF GRANTS TO STUDENTS. AT LEAST 90% OF STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. GRANTS AWARDED INCLUDE SEOG SCHOLARSHIPS, WILKES NEED BASED GRANTS AND WILKES MERIT BASED SCHOLARSHIPS. 31459789 134204 16222275 STUDENT SERVICES - INCLUDES FUNDS EXPENDED FOR ACTIVITIES WITH THE PRIMARY PURPOSE OF CONTRIBUTING TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. WILKES CLASSIFIES THE FOLLOWING OFFICES INTO THIS PROGRAM: OFFICES OF ENROLLMENT SERVICES (ADMISSIONS), REGISTRAR, FINANCIAL AID ADMINISTRATION, CAREER SERVICES, AND HEALTH AND WELLNESS SERVICES. IN ADDITION, EXPENDITURES FOR STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL AND INTERCOLLEGIATE ATHLETICS, FRESHMAN ORIENTATION, AND STUDENT CLUBS AND ORGANIZATIONS ARE CONSIDERED STUDENT SERVICES FOR FINANCIAL STATEMENT PURPOSES. 14979338 ACADEMIC SUPPORT - INCLUDES FUNDS EXPENDED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. THE ACADEMIC ADMINISTRATION OF THE UNIVERSITY INCLUDING ACADEMIC DEANS BUT NOT DEPARTMENT CHAIRS THAT ARE CHARGED TO THEIR PRIMARY FUNCTION CATEGORY ARE FOUND IN THIS PROGRAM. ALL SALARIES, BENEFITS, AND OTHER EXPENSES FOR THE LIBRARY ARE ALSO CONSIDERED ACADEMIC SUPPORT.RESEARCH - INCLUDES ALL EXPENDITURES FOR ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED WITHIN THE UNIVERSITY. CHARGED TO THIS PROGRAM ARE (CONTINUED ON SCHEDULE O) EXPENDITURES RELATED TO THE INSTITUTE FOR PUBLIC POLICY AND ECONOMIC DEVELOPMENT, A PARTNERSHIP AMONG SEVERAL LOCAL COLLEGES WITH THE FUNCTION OF PRODUCING RESEARCH TO ASSIST COMMUNITY LEADERS IN MAKING INFORMED DECISIONS. IN ADDITION TO THIS, THE EXPENSES OF SEVERAL RESEARCH GRANTS ARE RECORDED TO THE RESEARCH CLASSIFICATION.PUBLIC SERVICE - INCLUDES FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THE EXPENSES OF THE SMALL BUSINESS DEVELOPMENT CENTER, RADIO AND TELEVISION STUDIOS, SHINE PROGRAM, ALLAN P KIRBY CENTER FOR FREE ENTERPRISE, BUSINESS INCUBATOR, AND SEVERAL COMMUNITY LECTURE SERIES ARE AMONG THOSE POSTED TO THIS PROGRAM. 134868474 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 1 0 1 1 0 0 1 1 0 0 0 1 8032 0 1 1866 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X COURTNEY LOMAX CONTROLLER 5704085891 84 WEST SOUTH STREET WILKES BARRE PA 18766 X WILLIAM MILLER CHAIR 10.00 X X 0 0 0 LAURA BARBERA CARDINALE VICE CHAIR 3.00 X X 0 0 0 CHARLES COHEN TRUSTEE THRU 6/21) SEC./ASSIST. TREAS (EFF. 6/21) 3.00 X X 0 0 0 RAYMOND DOMBROSKI TREASURER/ASSISTANT SECRETARY 3.00 X X 0 0 0 MATTHEW BERGER TRUSTEE 2.00 X 0 0 0 CAROLANN BESLER TRUSTEE 2.00 X 0 0 0 DANIEL CARDELL TRUSTEE 2.00 X 0 0 0 TERRENCE CASEY TRUSTEE 2.00 X 0 0 0 CYNTHIA CHARNETSKI TRUSTEE 2.00 X 0 0 0 EDWARD CIARMIBOLI TRUSTEE 2.00 X 0 0 0 JEFF DAVIDOWITZ TRUSTEE 2.00 X 0 0 0 WILLIAM EGGLESTON TRUSTEE 2.00 X 0 0 0 RANDA FAHMY TRUSTEE 3.00 X 0 0 0 LISA GOLDEN TRUSTEE 2.00 X 0 0 0 WILLIAM GRANT TRUSTEE 2.00 X 0 0 0 ELLEN HALL TRUSTEE 2.00 X 0 0 0 WILLIAM HANBURY TRUSTEE 3.00 X 0 0 0 SEYMOUR HOLTZMAN TRUSTEE 2.00 X 0 0 0 JOHN KERR TRUSTEE 2.00 X 0 0 0 GERALD MCHALE TRUSTEE 3.00 X 0 0 0 THOMAS RALSTON TRUSTEE 3.00 X 0 0 0 HEDY RITTENMEYER TRUSTEE 2.00 X 0 0 0 KAYLA ROONEY TRUSTEE 2.00 X 0 0 0 STEVEN ROTH TRUSTEE 2.00 X 0 0 0 MATTHEW SORDONI TRUSTEE 2.00 X 0 0 0 TARA MUGFORD WILSON TRUSTEE 1.00 X 0 0 0 GREG CANT PRESIDENT 75.00 X 370545 0 81659 LOREN D PRESCOTT JR VP FINANCE AND COO (EXITED 12/21) 60.00 X 245477 0 40594 ELLEN GALLAGHER VP FINANCE AND COO (ENTERED 2/22) 60.00 X 0 0 0 PAUL ADAMS VP OF STUDENT AFFAIRS 50.00 X 229730 0 59998 SCOTT STOLTE DEAN OF NESBITT SCHOOL OF PHARMACY 50.00 X 231597 0 40028 MICHAEL WOOD SPECIAL ASSISTANT TO THE PRESIDENT 50.00 X 201106 0 35788 ABEL ADEKOLA DEAN OF JAY SIDHU BUSINESS SCHOOL 50.00 X 198763 0 26115 PRAHLAD MURTHY INT DEAN OF SCI & ENG (THRU 12/21), PROF (EFF 1/22) 50.00 X 204854 0 19915 KISHAN ZUBER VP OF ENROLLMENT MGMT & MARKETING 50.00 X 173967 0 33507 RHONDA RABBIT DEAN OF SCHOOL OF EDUCATION 50.00 X 153254 0 41126 DEBORAH ZBEGNER DEAN OF PASSAN SCHOOL OF NURSING 50.00 X 166923 0 17147 PAUL RIGGS DEAN OF SCH OF ARTS HUMANITIES AND SOCIAL SCIENCES 50.00 X 152026 0 30990 MARGARET STEELE CHIEF DEVELOPMENT OFFICER 50.00 X 157284 0 22843 TERESE WIGNOT ASSOC. PROVOST FOR ACADEMIC PARTNERSHIPS 50.00 X 186558 0 26045 TERI OOMS EXEC DIRECTOR OF THE INSTITUTE 50.00 X 169640 0 31358 JONATHAN D FERENCE ASSOC PROVOST FOR STUDENT SUCCESS 50.00 X 149145 0 31807 JOSEPH P HOUSENICK ASSOCIATE VP/CHIEF HR OFFICER 50.00 X 155461 0 22692 MARIANNE M REXER DIRECTOR GRADUATE AND ABBA PROG 50.00 X 147549 0 14803 3293879 0 576415 78 0 1 0 KEYPATH EDUCATION LLC 1933 N MEACHAM RD STE 400 SCHAUMBURG IL 60173 NURSING EDUCATION PROVIDER 7750853 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 3680230 MAARV WATERPROOFING 68 COLFAX AVENUE CLIFTON NJ 07013 CONSTRUCTION SERVICES 1324800 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 COMPUTER MANAGEMENT SERVICES 648988 ASPIRE TECHNOLOGY PTRS LLC 1200 HOWARD BLVD SUITE 210 MOUNT LAUREL NJ 08054 DIGITAL INFRA. SOLUTIONS 495411 20 650859 10687607 4476996 588102 15815462 TUITION AND FEES 611310 125686296 125686296 STUDENT SERVICES & AUXILARY 611710 16222275 16222275 141908571 2057551 -997 2058548 137323 137323 27155 31627 -4472 -4472 -4472 23707492 73208 22823717 0 883775 73208 956983 956983 133872 650859 105161 28711 28711 160900129 141908571 -997 3177093 44458708 44458708 2764480 1939779 650870 173831 43850156 38135064 5293443 421649 2341195 2111886 211351 17958 6589078 5883340 633037 72701 3357209 2986659 330759 39791 230460 230460 106362 106362 156685 262 156423 17423782 13641192 3782590 773130 125747 643568 3815 3057347 2563039 424003 70305 2991073 2648259 342814 3477883 3075391 402492 973723 921203 48906 3614 195157 181183 13974 3344195 3018401 325794 7120138 6426489 693649 1103032 591382 511650 BAD DEBTS 1323512 1323512 ENTERTAINMENT 990099 754853 197796 37450 EQUIPMENT MAINTENANCE 475427 294158 181269 PRINTING & PUBLICATIONS 252248 65222 167923 19103 6230904 5046257 1156603 28044 153585983 134868474 17829248 888261 5800 6300 37314085 42991891 3082397 3085302 11607738 10678780 620075 664947 228725188 115858462 114818193 112866726 62845645 58600640 18657616 17514632 2339769 2177732 6302729 7128452 257594047 255715402 10223804 11480713 15570960 15031616 71742329 70133563 15405837 14044884 112942930 110690776 X 82730493 85819317 61920624 59205309 144651117 145024626 257594047 255715402 X 7314146 -6062325 -878312 X X 0 1 X 1 1 1 X 15442906 10972889 10668203 10426784 15815462 63326244 15442906 10972889 10668203 10426784 15815462 63326244 63326244 2282450 2357062 2157655 1993343 2222028 11012538 340054 424563 764617 75103399 664445748 0.84320 0.82360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65820582 1331513 -3345267 2294490 127426 61384912 52657913 746261 14704791 2129636 158747 65820582 51847867 964995 2089700 2007620 237029 52657913 51627190 2149800 199882 1902159 226846 51847867 47733723 1822744 4171178 1867607 232848 51627190 0.26621 0.47497 0.25882 0 0 6162017 6162017 174607636 84408490 90199146 25300388 22022258 3278130 22655147 9427714 13227433 112866726 BENEFICIAL INTEREST IN TRUSTS (BY OTHERS) 7455069 F ALTERNATIVE INVESTMENTS 5619128 F FUNDS HELD IN TRUST FOR OTHERS 4440435 F 17514632 DEPOSITS HELD IN CUSTODY 227770 LIABILITY UNDER SPLIT INTEREST 281735 INVESTMENTS HELD IN TRUST FOR OTHERS 4440435 ADVANCES FROM FEDERAL GOVERNMENT 1692089 POSTRETIREMENT BENEFITS 108748 LEASES PAYABLE 3085787 OPERATING LEASE OBLIGATIONS 4208320 14044884 X 109510781 -6062325 9632 136788 -5915905 115426686 136422 45337021 45473443 160900129 109137272 9632 136788 146420 108990852 136422 44458709 44595131 153585983 PART V, LINE 4: THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS AS WELL AS DEPARTMENTAL CHAIRS AND TO SUPPORT OPERATING EXPENSES. PART X, LINE 2: THE UNIVERSITY IS INCORPORATED IN THE COMMONWEALTH OF PENNSYLVANIA AS A NOT-FOR-PROFIT ORGANIZATION. THE UNIVERSITY HAS RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE (IRS) THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATES INCOME TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THEFINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 105,161. RENTAL EXPENSES 31,627. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 44,265,299. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,071,722. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 105,161. RENTAL EXPENSES 31,627. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 44,265,299. STUDENT LOANS DISBURSED 193,410. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PUBLICATIONS IN THE AREAS OF RECRUITMENT PUBLICIZE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED ASSISTANCE THROUGH THE FOLLOWING: LOAN PROGRAMS, SEOG, COLLEGE WORK STUDY, DIRECT LOAN PROGRAM, PELL GRANT, MISCELLANEOUS NEED-BASED PHEAA GRANTS, NATIONAL GUARD AWARDS, AND PRIVATE SCHOLARSHIPS (ROTC PROGRAM). CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 ALTERNATIVE INVESTMENTS N/A 30000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 ALTERNATIVE INVESTMENTS N/A 79000 NORTH AMERICA - CANADA AND MEXICO, BUT UNITED STATES 0 0 ALTERNATIVE INVESTMENTS N/A 126000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES INSTRUCTION 10217 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RECRUITMENT 3739 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES INSTRUCTION 39300 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 STUDY ABROAD RESEARCH 6327 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 1 PROGRAM SERVICES RECRUITMENT 6299 0 1 0 0 0 1 300882 0 300882 1 0 0 1 1 0 PART III ACCOUNTING METHOD: FOUNDER'S GALA 495245 495245 9798 COLONEL'S CLUBS 214758 100268 114490 67143 3 74728 55346 19382 2272 7449 7047 11452 784731 650859 133872 2272 7449 7047 88393 105161 28711 1 NAMED SCHOLARSHIPS 374 1663745 0 N/A N/A NEED BASED GRANTS AND SCHOLARSHIPS 1074 7125845 0 N/A N/A OTHER SCHOLARSHIPS 3959 35341205 0 N/A N/A ROOM GRANTS 39 134204 0 N/A N/A STUDENT LOANS DISBURSED 74 193409 0 N/A N/A PART I, LINE 2: WILKES UNIVERSITY MAINTAINS A COMPREHENSIVE PROGRAM OF FINANCIAL AID TO ASSIST STUDENTS IN THE FINANCING OF THEIR EDUCATIONAL PROGRAMS. THE UNIVERSITY AWARDS BOTH MERIT SCHOLARSHIPS AND NEED-BASED AID GRANTS TO UNDERGRADUATE AND GRADUATE STUDENTS. UNDERGRADUATE MERIT AWARDS ARE BASED ON HIGH SCHOOL ACHIEVEMENT INCLUDING HIGH SCHOOL CLASS RANK. STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID TO HAVE THEIR ELIGIBILITY FOR NEED-BASED AID DETERMINED. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 GREG CANT PRESIDENT 353576 0 0 0 16969 0 14000 0 67659 0 452204 0 0 0 PAUL ADAMS VP OF STUDENT AFFAIRS 224788 0 0 0 4942 0 23123 0 36875 0 289728 0 0 0 LOREN D PRESCOTT JR VP FINANCE AND COO (EXITED 12/21) 242729 0 0 0 2748 0 25523 0 15071 0 286071 0 0 0 SCOTT STOLTE DEAN OF NESBITT SCHOOL OF PHARMACY 224314 0 0 0 7283 0 23406 0 16622 0 271625 0 0 0 MICHAEL WOOD SPECIAL ASSISTANT TO THE PRESIDENT 197272 0 0 0 3834 0 20861 0 14927 0 236894 0 0 0 ABEL ADEKOLA DEAN OF JAY SIDHU BUSINESS SCHOOL 196825 0 0 0 1938 0 20096 0 6019 0 224878 0 0 0 PRAHLAD MURTHY INT DEAN OF SCI & ENG (THRU 12/21), PROF (EFF 1/22) 202589 0 0 0 2265 0 19384 0 531 0 224769 0 0 0 TERESE WIGNOT ASSOC. PROVOST FOR ACADEMIC PARTNERS 185588 0 0 0 970 0 19177 0 6868 0 212603 0 0 0 KISHAN ZUBER VP OF ENROLLMENT MGMT & MARKETING 173805 0 0 0 162 0 19012 0 14495 0 207474 0 0 0 TERI OOMS EXEC DIRECTOR OF THE INSTITUTE 158733 0 0 0 10907 0 16737 0 14621 0 200998 0 0 0 RHONDA RABBIT DEAN OF SCHOOL OF EDUCATION 152706 0 0 0 548 0 15976 0 25150 0 194380 0 0 0 DEBORAH ZBEGNER DEAN OF PASSAN SCHOOL OF NURSING 164744 0 0 0 2179 0 16658 0 489 0 184070 0 0 0 PAUL RIGGS DEAN OF SCH OF ARTS HUMANITIES AND SOCIAL SCIENCES 151273 0 0 0 753 0 16208 0 14782 0 183016 0 0 0 JONATHAN D FERENCE ASSOC PROVOST FOR STUDENT SUCCESS 149023 0 0 0 122 0 15929 0 15878 0 180952 0 0 0 MARGARET STEELE CHIEF DEVELOPMENT OFFICER 153655 0 0 0 3629 0 15959 0 6884 0 180127 0 0 0 JOSEPH P HOUSENICK ASSOCIATE VP/CHIEF HR OFFICER 155100 0 0 0 361 0 15813 0 6879 0 178153 0 0 0 MARIANNE M REXER DIRECTOR GRADUATE AND ABBA PROG 145914 0 0 0 1635 0 14354 0 449 0 162352 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE UNIVERSITY'S PRESIDENT IS PROVIDED HOUSING IN A UNIVERSITY OWNED HOUSE. SOCIAL CLUB DUES - CERTAIN MEMBERS OF THE PRESIDENT'S CABINET BELONG TO A LOCAL SOCIAL CLUB IN WHICH DUES ARE REQUIRED. IN ORDER THAT THE PRESIDENT AND THE PRESIDENT'S CABINET MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE LOCAL SOCIAL CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS IS THE INDIVIDUALS' RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS A NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BV8 2016-05-19 33603743 ADVANCE REFUNDING BONDS 2007 0 0 0 B NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556WB6 2016-12-20 20012768 REFUNDING BONDS 2007 0 0 0 C CITY OF WILKES-BARRE FINANCE AUTHORITY 205684698 968254CB6 2021-12-20 17275602 REFUNDING BONDS 2012 0 0 0 A 4130000 33603743 480772 33119026 2016 1 0 1 1 B 3300000 20012768 305329 19707439 2016 1 0 1 1 C 17275602 1576500 346661 16928941 2022 1 0 1 1 A 1 1 1 1 0 0.00000 0.01280 0.01280 0 0 1 B 1 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2022 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2022 ISSUER NAME: CITY OF WILKES-BARRE FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2022 8750 SCHOLARSHIPS EDUCATIONAL C CHARNETSKI FATHER OF TRUSTEE 24700 REGULAR PAY AS FACULTY MEMBER/PROFESSOR AT WILKES UNIVERSITY 0 X 1 20900 FAIR MARKET VALUE X 135 FAIR MARKET VALUE X 1 499293 COST OR SELLING PRICE X 1 33455 FAIR MARKET VALUE X CATERING 1 33590 COST OR SELLING PRIC X EQUIPMENT 2 729 COST OR SELLING PRIC 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: TO CONTINUE THE WILKES TRADITION OF LIBERALLY EDUCATING OUR STUDENTS FOR LIFELONG LEARNING AND SUCCESS IN A CONSTANTLY EVOLVING AND MULTICULTURAL WORLD THROUGH A COMMITMENT TO INDIVIDUALIZED ATTENTION, EXCEPTIONAL TEACHING, SCHOLARSHIP, AND ACADEMIC EXCELLENCE, WHILE CONTINUING THE UNIVERSITY'S COMMITMENT TO COMMUNITY ENGAGEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 RETURN IS REVIEWED BY THE FINANCE OFFICE. AFTER THIS REVIEW, IT IS SENT TO THE VICE PRESIDENT OF FINANCE AND CHIEF OPERATING OFFICER. A FINAL REVIEW IS THEN DONE BY THE BOARD OF TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C WILKES UNIVERSITY'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS. ANY CONFLICTS OF INTEREST CONCERNING BOARD MEMBERS ARE FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ALL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED UPON SUBMISSION AND FORWARDED TO THE AUDIT COMMITTEE AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES PERFORMS AN ANNUAL REVIEW OF THE COMPENSATION PROVIDED TO THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. BENCHMARK DATA, INCLUDING DATA FROM COLLEGES AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA) IS USED FOR COMPARATIVE PURPOSES FOR EXECUTIVE POSITIONS. THE BENCHMARKING COMPARISON IS COMPLETED ON AN ANNUAL BASIS. THE UNIVERSITY KEEPS WRITTEN DOCUMENTATION OF THE HUMAN RESOURCES COMMITTEE'S DELIBERATION AND DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 WILKES UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: THE FOLLOWING MEMBERS SERVE ON THE WILKES BOARD OF TRUSTEES AS TRUSTEES EMERITI: RICHARD L. BUNN, LAWRENCE E. COHEN, ESTHER B. DAVIDOWITZ, PATTIE S. DAVIES, JEROME R. GOLDSTEIN, MELANIE MASLOW KERN, ROBERT A. MUGFORD, MARY B. RHODES, ELIZABETH A. SLAUGHTER, AND STEPHEN SORDONI FORM 990, PART XI, LINE 9: STUDENT LOANS DISBURSED 193,410. CHANGE IN LIABILITY ON SPLIT INTEREST AGREEMENTS -1,071,722. FORM 990, PART XII, QUESTION 2, FINANCIAL STATEMENTS AND REPORTING: THE UNIVERSITY'S AUDIT COMMITTEE ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT AND OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WU REAL ESTATE LLC 170 S FRANKLIN STREET WILKES BARRE PA 18766 205799312 STUDENT RENTAL PA 27155 5045908 WILKES UNIVERSITY SOUTH CITY PROPERTIES LLC 84 W SOUTH STREET WILKES BARRE PA 18766 352497851 REAL ESTATE PA 0 185018 WILKES UNIVERSITY RASM ENTERPRISE LLC 84 W SOUTH STREET WILKES BARRE PA 18766 465148017 REAL ESTATE PA 0 0 WILKES UNIVERSITY INTERESTS IN TRUSTS (3) ANNUITY PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0