2022-07-12T07:38:41-05:00 2021-08-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2020-09-01 251094922 POINT PARK UNIVERSITY POIN 4123923992 201 WOOD STREET PITTSBURGH PA 15222 BRIDGET MANCOSH SR VP OF FINANCE & OPERATIONS 4123923992 2022-07-11 1 BRIDGET MANCOSH 999009999 SUSAN M KIRSCH P00341397 4122613644 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR DONALD GREEN 201 WOOD STREET PITTSBURGH PA 15222 124804460 0 X WWW.POINTPARK.EDU X 1960 PA HIGHER EDUCATION 26 26 1606 33 25634 0 4802807 10107391 115630441 110481834 6083764 1630029 177017 160312 126694029 122379566 44402837 43822028 0 0 45228028 45061670 104081 43000 723683 32679060 34825532 122414006 123752230 4280023 -1372664 208533496 213510842 70223859 68092581 138309637 145418261 X PROVIDES INNOVATIVE EDUCATION IN A DYNAMIC URBAN SETTING. DEDICATED TO ACADEMIC EXCELLENCE AND COMMUNITY ENGAGEMENT,WE PREPARE STUDENTS OF DIVERSE BACKGROUNDS WITH THE KNOWLEDGE, SKILL,AND EXPERIENCE TO LEAD MEANINGFUL LIVES AS INFORMED CITIZENS AND SUCCESSFUL PROFESSIONALS. 0 0 75475668 41553691 101535819 INSTRUCTION- INCLUDES 5 ACADEMIC SCHOOLS; SCHOOL OF ARTS & SCIENCES, ROWLAND SCHOOL OF BUSINESS, SCHOOL OF COMMUNICATION, CONVERSATORY OF PERFORMING ARTS, AND SCHOOL OF EDUCATION, SERVING 2,791 UNDERGRADUATE AND 800 GRADUATE STUDENTS (FALL 2020 CENSUS), AS WELL AS THE PITTSBURGH PLAYHOUSE WHICH PROVIDE APPLIED TRAINING FOR STUDENTS. POPULAR AREAS OF STUDY ARE CRIMINAL JUSTICE & NATIONAL SECURITY, HUMANITIES & SOCIAL SCIENCES, LITERARY ARTS, NATURAL SCIENCES & ENGINEERING TECHNOLOGY, PSYCHOLOGY, ACCOUNTING, ECONOMICS, FINANCE, INFORMATION TECHNOLOGY, BUSINESS MANAGEMENT, SPORTS, ARTS, & ENTERTAINMENT MANAGEMENT, COMMUNICATIONS, CINEMA ARTS, DANCE, THEATRE, COMMUNITY ENGAGEMENT, & EDUCATION. IN ADDITION TO NUMBEROUS UNDERGRADUATE DEGREES, THE SCHOOL OFFERS TWENTY- TWO MASTER'S DEGREES AND THREE DOCTORAL DEGREES. INCLUDES PHYSICAL PLANT ALLOCATION.DUE TO THE COVID PANDEMIC IN SPRING 2020, 1,200 IN-PERSON COURSES WERE CONVERTED TO ONLINE. IN FALL 2020 A HYFLEX APPROACH COMBINATION OF ONLINE AND ON-GROUND WAS ADOPTED TO HELP ENSURE SAFETY OF STUDENTS, FACULTY AND STAFF. MEASURES WERE TAKEN TO PROMOTE SOCIAL DISTANCING, MASK WEARING, AND OTHER SAFETY PROTOCOLS TO PREVENT THE SPREAD OF COVID-19. FOR FALL 2021 THE SCHOOL RETURNED TO ON-CAMPUS, IN-PERSON INSTRUCTION AND TO TRADITIONAL CAMPUS ACTIVITIES, BUT STRONGLY ENCOURAGED VACCINATIONS/ TESTING, CONTINUING ISOLATION AND QUARANTINE POLICIES, AND TEACHING MODALITIES, ESPECIALLY FOR STUDENTS IN HIGH- RISK HEALTH GROUPS. 24930730 1882781 712766 ACADEMIC SUPPORT & STUDENT SERVICES- ACADEMIC SUPPORT PROVIDES SUPPORT FOR THE SCHOOL'S PRIMARY ACADEMIC MISSION. INCLUDES LIBRARY SERVICES, PROGRAM FOR ACADEMIC SUCCESS, INFORMATION & MEDIA CENTERS & PROVOST OFFICE & CENTER FOR TEACHING EXCELLENCE. STUDENT SERVICES INCLUDES ADMISSIONS, CAREER DEVELOPMENT, FINANCIAL AID ADMINISTRATION, REGISTRAR, STUDENT ACTIVITIES, STUDENT AFFAIRS OFFICE, AS WELL AS 13 MEN'S AND WOMEN'S INTERCOLLEGIATE ATHLETIC TEAMS. INCLUDES PHYSICAL PLANT ALLOCATION. 9643007 385556 8207615 AUXILIARY ENTERPRISES- SUPPORT OF DORMITORIES, DINING HALL, CAFE, BOOKSTORE AND RECREATION CENTER FOR STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY. INCLUDES PHYSICAL PLANT ALLOCATION. 110049405 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 4983 0 1 1606 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 26 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JAMES HARDT 4123923969 201 WOOD STREET PITTSBURGH PA 15222 JOSEPH GRECO TRUSTEE/ CHAIR 3.00 0.00 X X 0 0 0 MARY BETH TAYLOR TRUSTEE/ VICE CHAIR 3.00 0.00 X X 0 0 0 JOANN BANEY TRUSTEE 1.50 0.00 X 0 0 0 CHRIS BRUSSALIS EDD TRUSTEE 1.50 0.00 X 0 0 0 DIANA BUCCO TRUSTEE 1.50 0.00 X 0 0 0 LISA CIBIK MD TRUSTEE 1.50 0.00 X 0 0 0 JEFFREY COHEN TRUSTEE 1.50 0.00 X 0 0 0 MATT CUNNINGHAM TRUSTEE 1.50 0.00 X 0 0 0 REP AUSTIN DAVIS TRUSTEE 1.50 0.00 X 0 0 0 LOUIS DINARDO TRUSTEE 1.50 0.00 X 0 0 0 DAVID DUNCAN TRUSTEE 1.50 0.00 X 0 0 0 YALE GUTNICK ESQ TRUSTEE 1.50 0.00 X 0 0 0 EDWARD HABERLE END 721 TRUSTEE 1.50 0.00 X 0 0 0 RICK HASKINS TRUSTEE 1.50 0.00 X 0 0 0 JAMIE INFERRERA TRUSTEE 1.50 0.00 X 0 0 0 DONALD JENKINS TRUSTEE 1.50 0.00 X 0 0 0 DEAN JORDAN TRUSTEE 1.50 0.00 X 0 0 0 REP ROBERT MATZIE TRUSTEE 1.50 0.00 X 0 0 0 PEGGY MCKNIGHT END 721 TRUSTEE 1.50 0.00 X 0 0 0 J KEVIN MCMAHON TRUSTEE 1.50 0.00 X 0 0 0 LAFE METZ ESQ END 721 TRUSTEE 1.50 0.00 X 0 0 0 JIMMY MILLER TRUSTEE 1.50 0.00 X 0 0 0 MAURA MINTEER END 721 TRUSTEE 1.50 0.00 X 0 0 0 TODD MOULES END 12621 TRUSTEE 1.50 0.00 X 0 0 0 JOSEPH OGRODNICK END 12621 TRUSTEE 1.50 0.00 X 0 0 0 RICH PEGHER TRUSTEE 1.50 0.00 X 0 0 0 CELINA POMPEANI END 721 TRUSTEE 1.50 0.00 X 0 0 0 PEGGY SCHIAVONE EDD TRUSTEE 1.50 0.00 X 0 0 0 DARRELL SMALLEY TRUSTEE 1.50 0.00 X 0 0 0 RYAN STANA TRUSTEE 1.50 0.00 X 0 0 0 JACK TOMAYKO PH D TRUSTEE 1.50 0.00 X 0 0 0 SAURABH TRIPATHI TRUSTEE 1.50 0.00 X 0 0 0 DARRYL FORD WILLIAMS TRUSTEE 1.50 0.00 X 0 0 0 JOHN H PEARSON END 43021 PROVOST/ SPEC. ADVISOR 40.00 0.00 X 224552 0 27057 DONALD GREEN BEG 71121 PRESIDENT 40.00 0.00 X 0 0 0 PAUL HENNIGAN PRESIDENT END 7/21SEC. & PRESIDENT EMERITUS 40.00 0.25 X 519129 0 106589 BRIDGET MANCOSH SR VP OF FINANCE/ADM & BOARD TRES. 40.00 0.25 X 291328 0 47758 MICHAEL SOTO BEG 6121 PROVOST 40.00 0.00 X 0 0 0 LISA STEFANKO VP OF HR, EQUITY & INCL. 40.00 0.00 X 185053 0 73926 TRUDY WILLIAMS VP OF ENROLLMENT 40.00 0.00 X 169966 0 21255 STEPHEN TANZILLI DEAN ROW. SCHOOL OF BUS 40.00 0.00 X 153823 0 20559 STEVEN BREESE END 51121 ARTISTIC DIR/DEAN COPA 40.00 0.00 X 154908 0 30042 MARIANN GEYER END 83121 VP FOR EXT AFFAIRS 40.00 0.00 X 158940 0 11813 DARLENE MARNICH DEAN- SCH. OF EDUCATION 40.00 0.00 X 147536 0 82312 KEITH PAYLO VP OF STUDENT AFFAIRS 40.00 0.00 X 146781 0 34646 CHARLES PERKINS PROFESSOR 40.00 0.00 X 146473 0 13618 TIMOTHY WILSON ASSISTANT VP OF IT SERVICES 40.00 0.00 X 146164 0 29783 JAMES HARDT ASSOCIATE VP OF FINANCE 40.00 0.00 X 143329 0 36449 KAREN MCINTYRE PROFESSOR & FORMER OFFICER 40.00 0.00 X 200657 0 26116 2788639 0 561923 55 1 1 0 WILEY EDU LLC 1415 W 22ND ST OAK BROOK IL 60523 ONLINE EDUC SERVICES 2801321 CULINART 175 SUNNYSIDE BLVD PLAINVIEW NY 11803 FOOD SERVICE 2394423 ISS FACILITY SERVICES 908 PENN AVENUE PITTSBURGH PA 15222 CLEANING 2048895 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS COURT NORTH FRANKFORT IL 60423 ONLINE EDUC SERVICES 669464 INTEGRAONE 440 SAXONBURG BLVD SAXONBURG PA 16056 IT SUPPORT 512491 20 43323 7765837 2298231 2606 10107391 TUITION & EDUC. FEES 611710 101058717 101058717 ROOM & BOARD FEES 721310 8424791 8424791 BOOKSTORE, CAFE & MISC. EVENTS 451211 516705 491071 25634 STUDENT PERFORMANCES 711300 481621 481621 110481834 1280231 1280231 176046 176046 2688421 2338623 349798 349798 349798 70537 43323 86271 -15734 -15734 122379566 110456200 25634 1790341 53998 53998 43768030 43768030 2080748 444856 1635892 234895 234895 31820436 28443596 3074067 302773 1368440 1174462 180072 13906 7112746 5989258 1053608 69880 2444405 2098032 322876 23497 933931 40218 893713 169414 169414 49214 49214 43000 43000 88674 88674 4730475 4131760 584430 14285 1674468 940014 730891 3563 1797965 1632297 142218 23450 1301001 759143 541775 83 7131 7131 10727323 8894674 1739898 92751 528503 513702 14801 295878 248082 47121 675 6695875 5548444 1085022 62409 220301 73697 146604 FOOD SERVICES 2464823 2441421 11628 11774 NON CAPITAL EQUIP 1540942 1097615 442093 1234 BAD DEBT 596220 596220 EDUCATIONAL MISC 435994 429269 6725 567400 488591 67620 11189 123752230 110049405 12979142 723683 2778161 6849621 16516043 15295185 914686 499680 1526784 1216725 364335 239689 1810740 1449171 234435700 103727853 136223892 130707847 48060383 56864169 338472 388755 208533496 213510842 3178279 5597628 9066679 9803318 47418153 42958251 213409 60000 10347339 9673384 70223859 68092581 X 113061396 115740203 25248241 29678058 138309637 145418261 208533496 213510842 X -1372664 7887427 593861 X X 0 1 X 1 1 1 X 7067958 3163254 2595696 4802807 10107391 27737106 7067958 3163254 2595696 4802807 10107391 27737106 990230 26746876 1235386 1479529 1846811 1489147 1456277 7507150 35244256 462949789 0.75890 0.59300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49214 49214 123708732 123757946 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 45065 56261 49404 49214 199944 250000 250000 250000 250000 1000000 1500000 SCH C PART II-A LINE 1B LOBBYING TO PENNSYLVANIA STATE GOVERNMENT FOR VARIOUS LEGISLATION IN SUPPORT OF HIGHER ED. X 0 49958794 61543 9326683 441389 1388295 57517336 46966012 72441 4704609 410727 1373541 49958794 47117897 240482 1203992 383446 1212913 46966012 42491282 1195996 4214320 367699 416002 47117897 34215180 5171461 3581870 354316 122913 42491282 0.57170 0.23270 0.19560 0 0 16210529 16210529 189546726 80514846 109031880 2443841 1960520 483321 24386102 21252487 3133615 1848502 1848502 130707847 NEW MARKETS TAX CREDIT 6750000 CONDITIONAL ASSET RETIREMENT OBLIGATION 1841840 INTEREST RATE SWAP 842776 ANNUITIES PAYABLE 39870 LOAN PROGRAM REFUNDABLE TO FEDERAL GOVERNMENT IF DISCONTINUED PROGRAM 198898 9673384 X 89465335 7887427 -40799255 -32911828 122377163 88674 -86271 2403 122379566 82356711 86271 86271 82270440 88674 41393116 41481790 123752230 PART III, LINE 4: THE PRIMARY PIECE OF THE POINT PARK COLLECTION IS "FREEDOM BOUND," A SCULPTURE BY ARTIST PAIGE BRADLEY, COMMISSIONED AND DONATED BY A BOARD MEMBER. IN 2008 IT WAS INSTALLED AS PART OF THE LAWRENCE HALL LOBBY RENOVATION, WHICH INCLUDES A GRAND ENTRANCE TO THE NEWLY BUILT DANCE COMPLEX. THE UNIVERSITY HOLDS PAINTINGS AND PHOTOGRAPHS ON DISPLAY THROUGHOUT THE CAMPUS THAT WERE ALSO DONATED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL INVESTMENT ACCOUNTS ESTABLISHED TO FUND NUMEROUS PURPOSES. THE TOTAL ENDOWMENT CONSISTS OF TWO COLLECTIVE FUND GROUPS. IT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS (THE "ENDOWMENT FUND") WHICH ARE CLASSIFIED AS EITHER TEMPORARILY OR PERMANENTLY RESTRICTED FUNDS, AND NON-DONOR UNRESTRICTED FUNDS THAT HAVE BEEN ESTABLISHED BY THE BOARD OF TRUSTEES (THE "BOARD") TO FUNCTION AS RESERVE-TYPE FUNDS (THE "BOARD- DESIGNATED RESERVE FUND"), WHICH ARE CLASSIFIED AS UNRESTRICTED FUNDS. AS REQUIRED BY GAAP, THE NET ASSETS OF THE UNIVERSITY'S ENDOWMENT ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE PURPOSE OF THE "ENDOWMENT FUND"- IS TO PRESERVE PERMANENTLY RESTRICTED DONOR GIFTS AND ACHIEVE LONG-TERM APPRECIATION TO MAIN THE ASSETS IN PERPETUITY. THE PURPOSE OF THE "BOARD- DESIGNATED RESERVE FUND"- IS TO MAINTAIN THE LIQUIDITY NECESSARY TO SUPPORT THE LONG-TERM FISCAL HEALTH OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT, NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT AUGUST 31, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID: -41,393,116 INTEREST RATE SWAPS: $593,861 TOTAL PART XII LINE 2D: -$ -40,799,255 PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE: $ -86,271 PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE: $86,271 TOTAL PART XIII LINE 2D: $86,271 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $41,393,116 TOTAL PART XIII LINE 4B: $41,393,116 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY INCLUDES IN ITS BYLAWS, CATALOGS AND WEBSITE A STATEMENT CONFIRMING ITS OPPOSITION TO ANY PRACTICE WHICH DEPRIVES ANY INDIVIDUAL OF RIGHTS AND PRIVILEGES BASED ON RACE, RELIGION, SEX, NATIONAL ORIGIN OR HANDICAP. THE UNIVERSITY WILL NOT AFFILIATE NOR EXTEND RECOGNITION TO ANY GROUP WHOSE POLICIES ARE DISCRIMINATORY. SCHEDULE E, PART I, LINE 6 COMMONWEALTH OF PA: HIGHER EDUCATION ASSISTANCE GRANT & CARES ACT PA FEDERAL: PELL/ SEOG/ VA, OFFICE OF WOMEN'S PUBLIC HEALTH, & CARES ACT FUNDS X X X X X X X 1 MCALLISTER & QUINN LLC 1030 15TH ST NW STE 590 W WASHINGTON DC 20005 CONSULTING, GRANT WRITING 0 0 43000 -43000 43000 -43000 PA DC NV NH SC OR VA ME GOLF PIONEER EVENT 94960 36122 58838 60498 13888 2012 GOLF ATHLETICS EVENTS 18900 7201 11699 6418 2781 674 113860 43323 70537 66916 16669 2686 86271 -15734 PRT I, 2B, LINE 1 REVENUE LIKELY TO BE REALIZED IN A FUTURE YEAR. 1 CHUCK COOPER FOUNDATION 49 THOMCREST DRIVE PITTSBURGH PA 15235 274722527 501 (C)(3), 170(B) 7500 0 N/A N/A OUTREACH TO UNDERSERVED STUDENTS SEARCHLIGHT NEW MEXICO 202 E MARCY STREET SANTA FE NM 87501 813234552 501 (C)(3), 170(B) 6000 0 N/A N/A INNOVATIVE MEDIA DEVELOPMENT 2 0 SCHOLARSHIP AID FOR HIGHER ED FOR UNDERGRADUATE AND GRADUATE STUDENTS 2565 41403116 N/A N/A HOUSING ASSISTANCE TO STUDENT RESIDENT ADVISORS 30 385556 N/A N/A SCHOLARSHIP FOR SCHOOL AGE CHILDREN TO ATTEND SUMMER PROGRAMS 86 160575 N/A N/A CARES ACT FUNDS ALLOCATED TO STUDENT RELIEF 3150 1818783 N/A N/A PART I, LINE 2: FINANCIAL AID AWARDS TO STUDENTS AT POINT PARK UNIVERSITY ARE DETERMINED ON THE BASIS OF ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, ARTISTIC OR ATHLETIC TALENT AND FINANCIAL NEED ELIGIBILITY. GRANTS AND LOANS ARE DISTRIBUTED USING POWERFAIDS APPLICATION AND POSTED TO STUDENT'S ACCOUNTS IN JENZABAR (HIGHER EDUCATION INFORMATION SYSTEM). ANNUALLY THE FINANCIAL AID AREA IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 PAUL HENNIGAN PRESIDENT END 7/21SEC. & PRESIDENT E 416399 0 0 0 102730 0 81375 0 25214 0 625718 0 40000 0 BRIDGET MANCOSH SR VP OF FINANCE/ADM & BOARD TRES. 265170 0 25000 0 1158 0 21375 0 26383 0 339086 0 0 0 LISA STEFANKO VP OF HR, EQUITY & INCL. 176210 0 5000 0 3843 0 13565 0 60361 0 258979 0 0 0 JOHN H PEARSON END 43021 PROVOST/ SPEC. ADVISOR 224310 0 0 0 242 0 17038 0 10019 0 251609 0 0 0 DARLENE MARNICH DEAN- SCH. OF EDUCATION 143435 0 0 0 4101 0 9254 0 73058 0 229848 0 0 0 KAREN MCINTYRE PROFESSOR & FORMER OFFICER 200042 0 0 0 615 0 5689 0 20427 0 226773 0 0 0 TRUDY WILLIAMS VP OF ENROLLMENT 168808 0 0 0 1158 0 12750 0 8505 0 191221 0 0 0 STEVEN BREESE END 51121 ARTISTIC DIR/DEAN COPA 144727 0 0 0 10181 0 11250 0 18792 0 184950 0 0 0 KEITH PAYLO VP OF STUDENT AFFAIRS 145743 0 0 0 1038 0 11562 0 23084 0 181427 0 0 0 JAMES HARDT ASSOCIATE VP OF FINANCE 143329 0 0 0 0 0 17500 0 18949 0 179778 0 0 0 TIMOTHY WILSON ASSISTANT VP OF IT SERVICES 146164 0 0 0 0 0 7406 0 22377 0 175947 0 0 0 STEPHEN TANZILLI DEAN ROW. SCHOOL OF BUS 152833 0 0 0 990 0 11597 0 8962 0 174382 0 0 0 MARIANN GEYER END 83121 VP FOR EXT AFFAIRS 157500 0 0 0 1440 0 11813 0 0 0 170753 0 0 0 CHARLES PERKINS PROFESSOR 146473 0 0 0 0 0 11014 0 2604 0 160091 0 0 0 PART I, LINE 1A DR. PAUL HENNIGAN, PRESIDENT OF THE UNIVERSITY, IS PAID A MONTHLY HOUSING ALLOWANCE IN PLACE OF STAYING IN A HOUSE ON CAMPUS, THE STANDARD FOR COLLEGES AND UNIVERSITIES. THIS IS REPORTED AS TAXABLE INCOME. SPOUSAL TRAVEL IS NOT REIMBURSABLE PER THE UNIVERSITY'S EXPENSE REIMBURSEMENT POLICY; HOWEVER, THE PRESIDENT'S SPOUSE'S EXPENDITURES ARE REIMBURSED FOR OFFICIAL BUSINESS, ACCORDING TO THE PRESIDENT'S EMPLOYMENT CONTRACT. GENERALLY TRAVEL FOR THE PRESIDENT'S SPOUSE IS INFREQUENT. THE UNIVERSITY PAYS FOR THE DUES OF THE PRESIDENT TO BUSINESS CLUBS WHICH HAVE BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING SIGNIFICANT IMPACT ON FUNDRAISING AND THE UNIVERSITY'S ROLE IN THE DOWNTOWN COMMUNITY. DUES ARE NOT TAXABLE. PART I, LINE 4B PAUL HENNIGAN PARTICIPATES IN POINT PARK UNIVERSITY'S 457(F) PLAN. ANNUAL ACCRUALS TO THE PLAN ($60,000) ARE DISCLOSED IN PART II, COL C. UPON PAYMENT THE AMOUNTS INCLUDING INVESTMENT EARNINGS, ARE REPORTED IN PART II, COLUMN B AND THEREFORE, $54,281 WAS REPORTED FOR THE CURRENT YEAR. BECAUSE THE CURRENT YEAR PRINCIPAL PAYOUT OF $40,000 WAS ACCRUED AND REPORTED ON A PRIOR YEAR FORM 990, $40,000 IS REPORTED IN PART II, COLUMN F. PART I, LINE 7 NON-FIXED PAYMENTS ARE LISTED IN COLUMN (B) (II) BONUS & INCENTIVE COMPENSATION. THEY ARE DETERMINED ANNUALLY BASED ON PERFORMANCE EVALUATIONS. PART II, COLUMN D: THE NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PRIMARILY INCLUDE THE FOLLOWING: TUITION ASSISTANCE, AND EMPLOYER PROVIDED HEALTH INSURANCE. TUITION ASSISTANCE PROGRAMS ARE A STANDARD BENEFIT PROVIDED BY COLLEGE AND UNIVERSITY EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. THE INTERNAL REVENUE CODE (SECTION 117(D)) SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF SUCH QUALIFIED TUITION BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE YEAR. A CARROLLTOWN BOROUGH MUNICIPAL AUTHORITY 256000301 2013-11-13 10000000 SEE PART VI 0 0 0 B ALLEGHENY CO HIGHER EDU BUILDING AUTHORITY 251650137 2013-08-01 31670000 SEE PART VI 1 0 0 C MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2007-01-19 5000000 SEE PART VI 0 0 0 D MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2006-12-27 10000000 SEE PART VI 0 0 0 A 2794117 10000000 51895 9948105 2016 0 0 1 1 B 7425845 31392445 31670000 277525 2012 0 0 1 1 C 3238130 5000000 7250 4992750 2008 0 0 1 1 D 6326870 10000000 58500 3771500 2008 0 0 1 1 A 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 1 1 0 0 0 1 B 1 1 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 0 B 0 C 0 D 0 ENTITY 1, PART 1, LINE A, COLUMN F: RENOVATION OF THAYER AND ACADEMIC HALL, INCLUDING CONVERSION OF CERTAIN SPACE IN THAYER HALL INTO STUDENT HOUSING AND PURCHASE OF EQUIPMENT RELATED TO CONVERSION. ENTITY I, PART I, LINE B, COLUMN F: FOR ACQUISITION AND RENOVATION OF STUDENT APARTMENT HOUSING, RENOVATION OF LOBBY, AND ACQUISITION OF YMCA BUILDING AND RENOVATION INTO STUDENT UNION AND ADDITIONAL CAPITAL PROJECTS. THE BONDS WERE SUBSEQUENTLY REFINANCED WITH TAX EXEMPT NOTES IN 2013. ENTITY I, PART I, LINE C, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. ENTITY I, PART I, LINE D, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. ENTITY II, PART I, LINE A, COLUMN F: FOR SUPPORT OF DANCE STUDIO, A LIBRARY, A TELEVISION AND FILM STUDIO, MISCELLANEOUS CAPITAL PROJECTS ENTITY II, PART I, LINE C, COLUMN F PITTSBURGH PLAYHOUSE A SOUTH FORK MUNICIPAL AUTHORITY 251550471 2006-07-27 10000000 SEE PART VI 0 0 0 B ALLEGHENY CO HIGHER EDU BUILDING AUTHORITY 251650137 2016-05-17 14000000 SEE PART VI 0 0 0 A 6596619 10000000 64117 9935883 2007 0 0 1 1 B 11150276 14000000 111576 13888424 2018 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 1 B 1 1 0 0 0 1 A 0 B 0 A MCINTYRE A FAMILY MEMBER OF KAREN MCINTYRE, FORMER OFFICER 20899 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES WHEN THE BOARD IS NOT IN SESSION EXCEPT THAT IT MAY NOT: (I) ALIENATE OR ENCUMBER THE REAL ESTATE OR ENDOWMENTS OF THE UNIVERSITY, (II) ENTER INTO FINANCIAL ARRANGEMENTS OR COMMITMENTS WHICH WOULD HAVE A MAJOR EFFECT ON THE UNIVERSITY, (III) SELECT THE PRESIDENT OF THE UNIVERSITY, (IV) ELECT MEMBERS OR OFFICERS OF THE BOARD OF TRUSTEES, OR (V) COMMIT THE UNIVERSITY TO PAYMENTS IN EXCESS OF AVAILABLE REVENUES, UNLESS SPECIFICALLY AUTHORIZED TO DO SO BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 RICH PEGHER AND DONALD JENKINS ARE BROTHER-IN-LAWS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE MODIFIED JANUARY 2021. BOARD OFFICER POSITIONS WERE CHANGED FROM 'CHAIR AND ONE OR MORE VICE CHAIRS, TREASURER, AND SECRETARY' TO 'CHAIR AND ONE OR MORE VICE CHAIRS'. UNIVERSITY OFFICER POSITIONS WERE CLARIFIED AS FOLLOWS: -GENERAL COUNSEL SHALL BE APPOINTED BY THE BOARD ON THE RECOMMENDATION OF THE PRESIDENT AND SHALL REPORT TO THE PRESIDENT. UPON THE DETERMINATION OF THE BOARD, THE DUTIES OF THE GENERAL COUNSEL POSITION MAY BE PROVIDED BY A LAW FIRM OR A LICENSED ATTORNEY WHO IS NOT AN EMPLOYEE OF THE UNIVERSITY. IN THAT CASE, THE OFFICE OF GENERAL COUNSEL SHALL REMAIN VACANT. -THE SECRETARY, WHO MAY ALSO BE A VICE PRESIDENT, SHALL BE APPOINTED BY THE BOARD ON THE RECOMMENDATION OF THE PRESIDENT AND SHALL REPORT TO THE PRESIDENT. THE SECRETARY SHALL RECORD AND KEEP MINUTES OF ALL THE MEETINGS OF THE BOARD IN BOOKS KEPT FOR THE PURPOSE. ANY UNIVERSITY OFFICER MAY ALSO HOLD THE POSITION OF SECRETARY. POLICY ON COMMITTEE MEMBERSHIP WAS MODIFIED TO INCLUDE, 'ALL TRUSTEES SHALL HAVE THE RIGHT TO ATTEND MEETINGS OF ANY COMMITTEE OTHER THAN THE EXECUTIVE COMMITTEE.' EXECUTIVE COMMITTEE OF THE BOARD MEMBERSHIP POLICY WAS MODIFIED TO INCLUDE THAT 'OTHER TRUSTEES, IN ADDITION TO CHAIR, VICE CHAIR(S) & CHAIRS OF ALL COMMITTEES, MAY BE SELECTED BY THE CHAIR OF THE BOARD.' RESPONSIBILITES OF COMMITTEES WERE MODIFIED TO INCLUDE THE FOLLOWING: FINANCE AND INVESTMENT COMMITTEE 'REVIEW AND MAKING RECOMMENDATIONS RELATED TO, THE UNIVERSITY'S INSURANCE PROGRAMS, INCLUDING PROPERTY, LIABILITY AND OTHER INSURANCE POLICIES'. AUDIT COMMITTEE TO REVIEW AND MAKE RECOMMENDATIONS RELATED TO, THE UNIVERSITY'S ENTERPRISE RISK MANAGEMENT PRACTICES AND RELATED INTERNAL CONTROLS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE UNIVERSITY'S BUSINESS OFFICE. IT IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A REVIEW ON BEHALF OF THE BOARD. THE FINAL COPY IS SENT TO ALL VOTING MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONTAINED WITHIN THE UNIVERSITY'S WRITTEN CODE OF CONDUCT IS THE CONFLICT OF INTEREST POLICY, WHICH IS DISTRIBUTED ANNUALLY TO THE BOARD OF TRUSTEES, AS WELL AS TO ALL FULL-TIME AND PART-TIME EMPLOYEES AND IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE CONFLICT OF INTEREST STATEMENT THAT IS SIGNED BY DIRECTORS AND OFFICERS STATES, "I ACKNOWLEDGE AN ONGOING RESPONSIBILITY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE." BOARD MEMBERS COMPLETE A 'CONFLICT OF INTEREST STATEMENT' ANNUALLY. THE POLICY MAKES CLEAR THAT NOT ALL CONFLICTING INTERESTS ARE PROHIBITED. EACH REPORTED CONFLICT IS EVALUATED TO MAKE CERTAIN THAT DIRECTORS AND OFFICERS PRIMARY OBLIGATION TO THE UNIVERSITY IS NOT COMPROMISED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR HIRING THE PRESIDENT, AND THE EXECUTIVE COMMITTEE OF THE BOARD ACTS AS THE COMPENSATION COMMITTEE FOR DETERMINING THE PRESIDENT'S ANNUAL GOALS, OBJECTIVES, PERFORMANCE AND COMPENSATION THE RULES ARE SET FORTH IN THE UNIVERSITY'S BYLAWS, ARTICLE VI, SECTION 2, PARAGRAPH 5. "THE EXECUTIVE COMMITTEE SHALL ALSO ACT AS THE COMPENSATION COMMITTEE FOR PURPOSES OF APPROVING THE PRESIDENT'S ANNUAL GOALS AND OBJECTIVES, EVALUATING THE PRESIDENT'S ANNUAL PERFORMANCE, AND DETERMINING THE PRESIDENT'S ANNUAL COMPENSATION. THE EXECUTIVE COMMITTEE IN THE ROLE SHALL ADHERE TO ALL APPLICABLE STANDARDS PROMULGATED BY THE IRS WITH RESPECT TO COMPENSATION PAYABLE BY EXEMPT ORGANIZATIONS. THE PRESIDENT SHALL NOT BE PRESENT WHILE THE EXECUTIVE COMMITTEE DELEBERATES ON THE COMPENSATION, GOALS, AND OBJECTIVE, OR PERFORMANCE OF THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL ALSO PROVIDE ADVICE TO THE PRESIDENT REGARDING THE ANNUAL GOALS AND OBJECTIVES, PERFORMANCE, AND COMPENSATION OF THE PRESIDENT'S EXECUTIVE OFFICERS. THE BOARD CHAIR WILL REPORT TO THE BOARD, AS APPROPRIATE, CONCERNING THE EXECUTIVE COMMITTEE'S DELIBERATIONS AS THE COMPENSATION COMMITTEE. "THE UNIVERSITY REGULARLY EMPLOYS THE SERVICES OF AN INDEPENDENT FIRM TO DO AN EXECUTIVE BENCHMARKING STUDY AND IMPLEMENT A PEER REVIEW PROCESS (SIMILAR TO THE PROCESS FOR FACULTY AND STAFF) FOR THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES IN ORDER TO HELP ADVICE TO COMPENSATION COMMITTEE. IN GENERAL THE HUMAN RESOURCES DEPARTMENT USES SURVEYS FROM CUPA-HR (COLLEGE & UNIVERSITY PROFESSIONAL ASSOC.) FOR STAFF AND FACULTY TO BENCHMARK COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS AVAILABLE ONLINE AS A COMPONENT OF THE UNIVERSITY'S CODE OF CONDUCT. THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP: 593,861. FORM 990, PART XI, QUESTION 2C THE ORGANIZATION'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. PIONEER RECORDS LLC 201 WOOD STREET PITTSBURGH PA 15222 841763393 STUDENTS RECORDING & MARKETING MUSIC PA 0 0 POINT PARK UNIVERSITY POINT PARK UNIVERSITY FOUNDATION 201 WOOD STREET PITTSBURGH PA 15222 473515830 TO PROMOTE, SUPPORT, AND FURTHER THE PURPOSES OF POINT PARK UNIVERSITY PA 501(C)(3) LINE 12C, III-FI POINT PARK UNIVERSITY 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0