CORPORATION FOR PENN STATE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CORPORATION FOR PENN STATE (EIN 25-1500292)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202231369349314018
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T16:19:53-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251500292 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Corporation for Penn State | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Joseph J Doncsecz | InCareOfNm |
| Business Name Control | CORP | BusinessNameControlTxt |
| Phone | 8148651355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 Old Main | AddressLine1Txt |
| City | University Park | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH J DONCSECZ | PersonNm |
| Person Title | Assoc VP Finance Corp Controller | PersonTitleTxt |
| Phone | 8148651355 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSEPH | PersonFirstNm |
| Person Last | DONCSECZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | JOSEPH J DONCSECZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 Old Main | AddressLine1Txt |
| City | University Park | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,552 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | The Corporation for Penn States mission is to support The Pennsylvania State University | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $7,052 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,552 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,052 | PYTotalRevenueAmt |
| CY Total Revenue | $7,552 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,062 | PYOtherExpensesAmt |
| CY Other Expenses | $7,570 | CYOtherExpensesAmt |
| PY Total Expenses | $7,062 | PYTotalExpensesAmt |
| CY Total Expenses | $7,570 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$10 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$18 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,645 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,627 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,071 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,071 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $574 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $556 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The organization's mission is to support The Pennsylvania State University. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Holding assets and general support for the benefit of the Pennsylvania State University. | Desc |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH J DONCSECZ | PersonNm |
| Phone | 8148651355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 Old Main | AddressLine1Txt |
| City | University Park | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16802 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| ERIC BARRON | |||||
| DirectorPresident | Yes (X) | Yes (X) | $0 | $1,127,949 | $26,477 |
| KATHLEEN CASEY | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| MARK DAMBLY | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| DAVID GRAY | |||||
| DirTreasurer former | Yes (X) | Yes (X) | $0 | $641,341 | $195,818 |
| FRANK T GUADAGNINO | |||||
| DirSecretary former | Yes (X) | Yes (X) | $0 | $389,860 | $26,477 |
| M ABRAHAM HARPSTER | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| NICHOLAS JONES | |||||
| DirVice President | Yes (X) | Yes (X) | $0 | $599,912 | $26,477 |
| DAVID KLEPPINGER | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| IRA LUBERT | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| KEITH MASSER | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| WILLIAM OLDSEY | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| MATTHEW SCHUYLER | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| SARA THORNDIKE | |||||
| DirectorTreasurer | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT TRIBECK | |||||
| Director | Yes (X) | $0 | $0 | $0 | |
| SHANNON HARVEY | |||||
| Secretary | Yes (X) | $0 | $123,898 | $45,388 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $2,882,960 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $320,637 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $7,552 | AllOtherContributionsAmt |
| Noncash Contributions | $7,552 | NoncashContributionsAmt |
| Total Contributions | $7,552 | TotalContributionsAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,552 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,552 | TotalAmt |
| Management And General | $7,552 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18 | TotalAmt |
| Management And General | $18 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,570 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $7,570 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,644 | BOYAmt |
| EOY | $5,626 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1 | BOYAmt |
| EOY | $1 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,645 | BOYAmt |
| EOY | $5,627 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,071 | BOYAmt |
| EOY | $5,071 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,071 | BOYAmt |
| EOY | $5,071 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $574 | BOYAmt |
| EOY | $556 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $574 | BOYAmt |
| EOY | $556 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,645 | BOYAmt |
| EOY | $5,627 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$18 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Pennsylvania St Univ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 246000376 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | OperateBenefitNonSuprtOrgInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | false | MajorityDirTrstSupportedOrgInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Research Park Mgmt Corpcommon stock | Desc |
| Book Value | $1 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $1 | TotalBookValueProgramRltdAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|
| ERIC BARRON | ||||||
| DirectorPresident | $855,228 | $200,000 | $72,721 | $26,477 | $21,903 | $1,176,329 |
| KATHLEEN CASEY | ||||||
| Director | ||||||
| MARK DAMBLY | ||||||
| Director | ||||||
| DAVID GRAY | ||||||
| DirTreasurer former | $537,372 | $103,969 | $195,818 | $6,880 | $844,039 | |
| FRANK T GUADAGNINO | ||||||
| DirSecretary former | $372,864 | $16,996 | $26,477 | $17,203 | $433,540 | |
| M ABRAHAM HARPSTER | ||||||
| Director | ||||||
| NICHOLAS JONES | ||||||
| DirVice President | $570,000 | $29,912 | $26,477 | $26,503 | $652,892 | |
| DAVID KLEPPINGER | ||||||
| Director | ||||||
| IRA LUBERT | ||||||
| Director | ||||||
| KEITH MASSER | ||||||
| Director | ||||||
| WILLIAM OLDSEY | ||||||
| Director | ||||||
| MATTHEW SCHUYLER | ||||||
| Director | ||||||
| SARA THORNDIKE | ||||||
| DirectorTreasurer | ||||||
| ROBERT TRIBECK | ||||||
| Director | ||||||
| SHANNON HARVEY | ||||||
| Secretary | $123,898 | $45,388 | $948 | $170,234 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 6 | Penn State University is the sole member of the Corporation |
| Part VI Line 6 | and annually elects a Board of Directors. |
| Part VI Line 7a | Penn State University is the sole member of the Corporation |
| Part VI Line 7a | and annually elects a Board of Directors. |
| Part VI Line 11b | A draft of the organization's Form 990 was provided to Board |
| Part VI Line 11b | members and reviewed at their board meeting. |
| Part VI Line 12c | Board members and officers complete a questionnaire, documenting compliance |
| Part VI Line 12c | with the organization's conflict of interest policy on an annual basis. |
| Part VI Line 15a or b | Due to having no employees, policies and proc. of the entity's |
| Part VI Line 15a or b | controlling parent organization cover the Corporation. |
| Part VI Line 19 | The Corporation makes its governing documents, conflict of interest |
| Part VI Line 19 | policy, and Univ. FS (incl Corp.) available to the public upon request. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Central PA Health Network LLC | |||||||||
| 2500 Bernville Road | Reading | PA | 19605 | 465750407 | Clinical Network | PA | $1,002,937 | $239,596 | Penn State Health |
| Penn State Health Comm Med Grp LLC | |||||||||
| 500 University Drive | Hershey | PA | 17033 | 300976099 | Physician Practices | PA | $171,473,239 | $43,400,455 | Penn State Health |
| Penn State Health Life Lion LLC | |||||||||
| 500 University Drive | Hershey | PA | 17033 | 851607822 | Life Support Transport Srvcs | PA | Penn State Health | ||
| Hampden Medical Center LLC | |||||||||
| 500 University Drive | Hershey | PA | 17033 | 823189759 | Real Estate | PA | $80,624 | $128,460,681 | Penn State Health |
| St Joseph Medical Group | |||||||||
| 2500 Bernville Road PO Box 316 | Reading | PA | 19605 | 208544021 | Healthcare | PA | Penn State Health | ||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Pennsylvania State University | |||||||||||
| 201 Old Main | University Park | PA | 16802 | 246000376 | Education | PA | 115 | N/A | false | ||
| Pennsylvania College of Technology | |||||||||||
| 1 College Ave | Williamsport | PA | 17701 | 232564508 | Education | PA | 501c3 | Yes (true) | 509a1 | Corp for Penn State | |
| Pennsylvania College of Technology Community Arts Center Inc | |||||||||||
| 200 W 4th Street | Williamsport | PA | 17701 | 232617447 | Art Center | PA | 501c3 | false | 501a1 | Penn College of Tech | |
| Penn State Research Foundation | |||||||||||
| 408 Old Main | University Park | PA | 16802 | 231359185 | Research | PA | 501c3 | Yes (true) | 501a3 | Corp for Penn State | |
| Ben Franklin Tech Ctr of Central and Northern PA | |||||||||||
| 408 Old Main | University Park | PA | 16802 | 251618093 | Technology | PA | 501c3 | Yes (true) | 509a1 | Corp for Penn State | |
| The Pennsylvania State University Philanthropic Fund | |||||||||||
| 408 Old Main | University Park | PA | 16802 | 274628784 | Fundraising | PA | 501c3 | Yes (true) | 509a1 | Corp for Penn State | |
| Recycling Markets Center | |||||||||||
| 777 W Harrisburg Pike | Middletown | PA | 17057 | 202191485 | Promote Recycling | PA | 501c3 | Yes (true) | 509a1 | Corp for Penn State | |
| Penn State Health | |||||||||||
| 500 University Drive | Hershey | PA | 17033 | 473769205 | Healthcare Support | PA | 501c3 | false | 509a3 | Penn State Univ | |
| The Milton S Hershey Medical Center | |||||||||||
| PO Box 855 | Hershey | PA | 17033 | 251854772 | Healthcare | PA | 501c3 | false | 509a1 | Penn State Health | |
| St Joseph Regional Health Network | |||||||||||
| 2500 Bernville Road PO Box 316 | Reading | PA | 19605 | 231352211 | Healthcare | PA | 501c3 | false | 509a1 | Penn State Health | |
| St Joseph Medical Center Foundation | |||||||||||
| 2500 Bernville Road PO Box 316 | Reading | PA | 19605 | 232649362 | Fundraising | PA | 501c3 | false | 509a3 | Penn State Health | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| HOSC | |||||||||
| 15305 Dallas Pkwy | Addison | TX | 75001 | 200469951 | Medical | PA | Nittany Health | false | false |
| CGH Realty Associates | |||||||||
| 145 N 6th Street | Reading | PA | 19601 | Real Estate | PA | CGH Realty Co | false | false | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research Park Mgmt Corporation | ||||||||||||
| 408 Old Main | University Park | PA | 16802 | 251625696 | Real Estate | PA | Corp for Penn State | C corp | $448,730 | $1,257,767 | 1.00000 | Yes (true) |
| Research Park Hotel Corporation | ||||||||||||
| 408 Old Main | University Park | PA | 16802 | 251673018 | Hotel | PA | Res Park Mgmt | C corp | false | |||
| Nittany Insurance Company | ||||||||||||
| One Church Street | Burlington | VT | 05406 | 251718998 | Insurance | PA | Corp for Penn State | C corp | $12,825,094 | $47,666,273 | 1.00000 | Yes (true) |
| PS Research Park Tech Center | ||||||||||||
| 408 Old Main | University Park | PA | 16802 | 251723275 | Condo Mgmt | PA | Penn State Univ | C corp | false | |||
| Nittany Health Inc | ||||||||||||
| 500 University Drive Ste MC H162 | Hershey | PA | 17033 | 251769611 | Healthcare Integration | PA | Penn State Health | C corp | false | |||
| CGH Realty Co Inc | ||||||||||||
| 2500 Bernville Road | Reading | PA | 19603 | 232326801 | Real Estate | PA | St Joe's RHN | C corp | false | |||
| Hampden Medical Center | ||||||||||||
| 500 University Drive | Hershey | PA | 17033 | 823189759 | Real Estate | PA | Penn State Health | C corp | false | |||
| LPADC Inc | ||||||||||||
| 500 University Drive | Hershey | PA | 17033 | 832746880 | Real Estate | PA | Penn State Health | C corp | false | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Pennsylvania State University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | O | TransactionTypeTxt |
| Involved | $7,552 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |