2022-02-04T07:59:44-06:00 2021-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2020-07-01 232180252 STUDENT LODGING INC STUD 7176405446 MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 ANDREW KEHL CFO 7176405446 2022-02-03 1 ANDREW KEHL 999009999 DOUGLAS L BERMAN CPA P01269555 7178433804 2022-01-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREW KEHL 21 S GEORGE STREET MILLERSVILLE PA 17551 5710223 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. 10 9 0 13 0 0 0 0 6387242 6258770 11080 3530 28068 -552077 6426390 5710223 208083 273529 0 0 0 0 0 0 0 6317763 5761048 6525846 6034577 -99456 -324354 36964703 35106804 31683195 29016360 5281508 6090444 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 5414549 273529 6272052 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. 5414549 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 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 PHILIP LOHT CHAIRPERSON 0.10 5.00 X X 0 0 0 ABRAM DIFFENBACH VICE CHAIRPERSON 0.10 1.00 X X 0 0 0 ROBERT SHOPE TREASURER 0.10 1.00 X X 0 0 0 SARAH DILLON DIRECTOR 0.10 1.00 X 0 0 0 TY ESPENSHADE DIRECTOR 0.10 1.00 X 0 0 0 CATHERINE C GLASS DIRECTOR 0.10 1.00 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 GEOFFREY BEERS CHIEF EXECUTIVE OFFICER 18.50 37.50 X X 0 258159 94590 JOHN SMITH STUDENT REPRESENTATIVE 0.10 0.10 X 0 0 0 KATHLEEN SEARS SECRETARY NON-VOTING (UNTIL 12/20) 0.10 37.50 X 0 112700 27772 ROBERT J SEMPSEY CHIEF BUSINESS OFFICER/SEC. (BEG.12/20 NONVOTING) 18.50 37.50 X 0 227013 85180 ANDREW KEHL CHIEF FINANCIAL OFFICER 18.50 37.50 X 0 155769 34085 0 753641 241627 0 0 1 0 DIVISION 09 CONTRACT FLOORING 3731 PRICETOWN ROAD FLEETWOOD PA 19522 INSTALLATION SERVICES 101917 1 APARTMENT RENTALS 532000 6258770 6258770 6258770 3530 3530 MISCELLANEOUS REVENUE 900099 13282 13282 WASHER/DRYER COMMISSION 812300 7183 7183 LOSS ON EXTINGUISHMENT OF DEBT 900099 -572542 -572542 -552077 5710223 6272052 0 -561829 273529 273529 453442 453442 57424 57424 62020 62020 34076 34076 186843 174250 12593 15182 15182 473 473 735673 735673 1835568 1835568 522427 522427 REPAIRS AND MAINTENANCE 527516 527516 REAL ESTATE TAXES 472425 472425 UTILITIES 439816 439816 STUDENT ORGANIZATION SU 150000 150000 268163 268163 6034577 5414549 620028 0 650 650 3946316 4005256 460513 680706 191590 193372 54155270 23928450 31973371 30226820 392263 36964703 35106804 742347 563013 240696 238152 27302207 27252124 3448028 912988 31683195 29016360 X 5281508 6090444 5281508 6090444 36964703 35106804 X -324354 1133290 X X 0 1 X 1 0 X 0 0 0 0 1 1 6262995 6634782 6744098 6404130 6272052 32318057 12544 10641 13383 11180 7183 54931 6275539 6645423 6757481 6415310 6279236 32372989 0 0 0 32372989 788 10856 16222 11080 3530 42476 788 10856 16222 11080 3530 42476 6276327 6656279 6773703 6426390 6282766 32415465 0.99870 0.99880 0.00130 0.00120 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: PPP LOAN FORGIVENESS DATE: 01/18/21 AMOUNT: 149045. 2841420 2841420 49432797 22483835 26948962 1643148 1206827 436321 237905 237788 117 30226820 SECURITY DEPOSITS 892215 ACCRUED INTEREST 20773 912988 X 6855714 1145491 1145491 5710223 0 5710223 6046778 12201 12201 6034577 0 6034577 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 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 1,133,290. REPAIR REFUNDS 12,201. PART XII, LINE 2D - OTHER ADJUSTMENTS: REPAIR REFUNDS 12,201. 0 IRONSTONE TOTAL BUSINESS SUPPORT 21 S GEORGE ST 102E MILLERSVILLE PA 17551 871788362 501(C)(3) 150000 GENERAL PURPOSE MILLERSVILLE UNIVERSITY FOUNDATION DUNCAN ALUM HS 207 N GEORGE ST MILLERSVILLE PA 17551 236435616 501(C)(3) 123288 GENERAL PURPOSE 2 0 0 0 0 0 0 0 0 0 0 GEOFFREY BEERS CHIEF EXECUTIVE OFFICER 0 258159 0 0 0 0 0 89002 0 5588 0 352749 0 0 ROBERT J SEMPSEY CHIEF BUSINESS OFFICER/SEC. (BEG.12/ 0 227013 0 0 0 0 0 79592 0 5588 0 312193 0 0 ANDREW KEHL CHIEF FINANCIAL OFFICER 0 155769 0 0 0 0 0 28497 0 5588 0 189854 0 0 PART I, LINE 1A STUDENT SERVICES, INC., A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION. 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 122832 18799532 146108 18653424 1 0 1 1 B 56727 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. 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 1,133,290. 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. STUDENT SERVICES INC 21 S GEORGE ST MILLERSVILLE PA 17551 231601052 ENHANCE CAMPUS COMMUNITY OF MILLERSVILLE UNIVERSITY PA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0