2021-04-08T07:56:25-05:00 2020-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2019-06-01 240795506 WILKES UNIVERSITY WILK 5704084500 84 WEST SOUTH STREET WILKES BARRE PA 18766 LOREN D PRESCOTT JR VICE PRESIDENT OF FINANCE 5704084500 2021-04-07 1 SARAH R PIOT P01358891 4122613644 2019 2022-09-23 18:48:47Z PAUL ADAMS INTERIM PRES 84 WEST SOUTH STREET WILKES BARRE PA 18766 201485123 0 X WWW.WILKES.EDU X 1933 PA TO EDUCATE THROUGH A COMMITMENT TO ATTENTION, EXCEPTIONAL TEACHING, AND ACADEMIC EXCELLENCE. 29 26 2081 200 0 0 10972889 10668203 133974464 127287723 3311031 1365912 2469734 102651 150728118 139424489 42190522 41633689 0 0 63391631 64192696 0 0 1361945 40923847 36639737 146506000 142466122 4222118 -3041633 230606431 232735413 103828421 107706458 126778010 125028955 X SEE SCHEDULE O 0 0 83310803 41369825 113675139 INSTRUCTION AND SCHOLARSHIPS - INCLUDES ALL EXPENDITURES FOR ACTIVITIES THAT ARE PART OF THE INSTITUTION'S INSTRUCTIONAL PROGRAMS. THIS INCLUDES CREDIT AND NONCREDIT COURSES, ACADEMIC, VOCATIONAL, AND TECHNICAL INSTRUCTION. THE UNIVERSITY OFFERS 45 UNDERGRADUATE MAJORS, 15 GRADUATE PROGRAMS, AND SEVERAL PRE-PROFESSIONAL PROGRAMS. ENROLLMENT INCLUDES 1,996 FULL-TIME UNDERGRADUATE STUDENTS FROM 29 STATES, PUERTO RICO AND 11 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 22 STUDENTS WITH 17 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 (CONTINUED ON SCHEDULE O) THROUGH MENTORING. 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. 27327060 263864 13612584 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. 15354085 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. 125991948 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 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 7016 0 1 2081 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JESSICA SWINGLE CONTROLLER 5704084657 84 WEST SOUTH STREET WILKES BARRE PA 18766 X PATRICK F LEAHY PRESIDENT (EXIT 7/19) 75.00 X 444136 0 54813 LOREN D PRESCOTT JR VP FINANCE AND GENERAL COUNSEL 60.00 X 250616 0 33068 PAUL ADAMS VP OF STUDENT AFF (THRU 7/19), INT. PRES. (EFF. 7/19) 75.00 X 237396 0 43154 SCOTT STOLTE DEAN OF NESBITT SCHOOL OF PHARMACY 50.00 X 235185 0 32248 MICHAEL WOOD SPECIAL ASSISTANT TO THE PRESIDENT 50.00 X 194516 0 28998 ABEL ADEKOLA DEAN OF JAY SIDHU BUSINESS SCHOOL 50.00 X 189796 0 25658 TERESE WIGNOT INTER VP OF ENROL (THRU. 6/19), PROVOST (EFF. 6/19) 50.00 X 188718 0 25065 PRAHLAD MURTHY INTERIM DEAN OF COLLEGE OF SCI. & ENGINEERING 50.00 X 191806 0 15508 TERI OOMS EXEC DIRECTOR OF THE INSTITUTE 50.00 X 188639 0 13407 JOHN STACHACZ DEAN FOR LIBRARY AND IT 50.00 X 170570 0 26808 RODNEY RIDLEY ALLAN P. KIRBY CENTER DIRECTOR 50.00 X 167144 0 27579 BONNIE CULVER DIRECTOR OF CREATIVE WRITING 50.00 X 166224 0 17474 JANET KOBYLSKI ASSOC. VP OF FINANCE AND TREASURER 50.00 X 156945 0 19481 DEBORAH ZBEGNER DEAN OF PASSAN SCHOOL OF NURSING 50.00 X 162094 0 13370 MARGARET STEELE CHIEF DEVELOPMENT OFFICER 50.00 X 154543 0 19600 DANIEL CARDELL CHAIR 9.00 X X 0 0 0 WILLIAM MILLER VICE CHAIR 9.00 X X 0 0 0 DANIEL KLEM SECRETARY/ASSISTANT TREASURER 9.00 X X 0 0 0 LAURA BARBERA CARDINALE TREASURER/ASSISTANT SECRETARY 8.00 X X 0 0 0 CAROLANN BESLER 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 CHARLES COHEN TRUSTEE 6.00 X 0 0 0 JEFF DAVIDOWITZ TRUSTEE 4.00 X 0 0 0 RAYMOND DOMBROSKI TRUSTEE 3.00 X 0 0 0 RANDA FAHMY TRUSTEE 2.00 X 0 0 0 LISA GOLDEN TRUSTEE 2.00 X 0 0 0 WILLIAM GRANT TRUSTEE 3.00 X 0 0 0 JASON GRIGGS TRUSTEE 6.00 X 0 0 0 ELLEN HALL TRUSTEE 2.00 X 0 0 0 WILLIAM HANBURY TRUSTEE 2.00 X 0 0 0 SEYMOUR HOLTZMAN TRUSTEE 2.00 X 0 0 0 JOHN KERR TRUSTEE 3.00 X 0 0 0 MILAN S KIRBY TRUSTEE 2.00 X 0 0 0 GREGORY MACLEAN TRUSTEE 2.00 X 0 0 0 GEORGE MATZ TRUSTEE 3.00 X 0 0 0 GERALD MCHALE TRUSTEE 6.00 X 0 0 0 GEORGE PAWLUSH TRUSTEE 4.00 X 0 0 0 THOMAS RALSTON TRUSTEE 3.00 X 0 0 0 HEDY RITTENMEYER TRUSTEE 3.00 X 0 0 0 STEVEN ROTH TRUSTEE 3.00 X 0 0 0 MATTHEW SORDONI TRUSTEE 4.00 X 0 0 0 TARA MUGFORD WILSON TRUSTEE 1.00 X 0 0 0 3098328 0 396231 98 0 1 0 CLARK COMPANIES 41155 NY-10 DELHI NY 13753 CONSTRUCTION 4917928 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 4529225 HOTCHALK INC 1999 S BASCOM AVE SUITE 1030 CAMPBELL CA 95008 DISTANCE EDUCATION 1118720 PANZITTA ENTERPRISES INC 72 GEORGE AVE WILKES BARRE PA 18705 CONSTRUCTION 1003917 MAARV WATERPROOFING INC 68 COLFAX AVE CLIFTON NJ 07013 CONSTRUCTION 670412 33 289277 6873324 3505602 2208 10668203 TUITION AND FEES 900099 113675139 113675139 STUDENT SERVICES & AUXILARY 900099 13612584 13612584 127287723 1992055 1992055 135000 135000 30600 30324 276 276 276 61169091 3500 61798734 0 -629643 3500 -626143 -626143 198951 289277 231576 -32625 -32625 139424489 127287723 0 1468563 41633689 41633689 2431096 858405 1398746 173945 47204578 40875337 5692847 636394 2607893 2293780 288071 26042 8451340 7241935 1098553 110852 3497789 2976387 472845 48557 89016 89016 118306 118306 259423 259423 7633331 6474071 1151283 7977 826652 232504 592937 1211 3361857 2554096 736656 71105 2689883 2383487 306396 3158529 2860003 298526 1487981 1386303 100453 1225 159202 146397 12805 3283189 2963338 319851 7457694 6731160 726534 816188 447806 368382 ENTERTAINMENT 998292 870006 89783 38503 BAD DEBTS 923400 762458 160942 EQUIPMENT MAINTENANCE 435153 231976 202147 1030 PRINTING & PUBLICATIONS 358883 30174 280568 48141 2582758 2038636 508101 36021 142466122 125991948 15112229 1361945 5800 5800 28238728 26822487 6731864 7385164 6629933 7119768 827656 591205 222629740 101521131 118938751 121108609 48968312 48720287 16224226 17283693 2970231 2612904 1070930 1085496 230606431 232735413 9674365 11377126 10485492 12174051 66284482 73549772 6000000 0 11384082 10605509 103828421 107706458 X 72752764 72941722 54025246 52087233 126778010 125028955 230606431 232735413 X -3041633 1346904 -54326 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51847867 964995 2089700 2007620 237029 52657913 51627190 2149800 199882 1902159 226846 51847867 47733723 1822744 4171178 1867607 232848 51627190 40589592 2565969 6684695 1886837 219696 47733723 43410267 1092967 -1955151 1749400 209091 40589592 0.27390 0.50910 0.21700 0 0 6162017 6162017 170390837 74849967 95540870 23605547 19442655 4162892 22471339 7228509 15242830 121108609 BENEFICIAL INTEREST IN TRUSTS (BY OTHERS) 6966646 F ALTERNATIVE INVESTMENTS 6309654 F FUNDS HELD IN TRUST FOR OTHERS 4007393 F 17283693 DEPOSITS HELD IN CUSTODY 187872 LIABILITY UNDER SPLIT INTEREST 271618 INVESTMENTS HELD IN TRUST FOR OTHERS 4007393 ADVANCES FROM FEDERAL GOVERNMENT 2433504 POSTRETIREMENT BENEFITS 462020 LEASES PAYABLE 3243102 10605509 X 99140020 1346904 39762 261900 1648566 97491454 245020 41688015 41933035 139424489 100889075 39762 261900 301662 100587413 245020 41633689 41878709 142466122 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 NONPROFIT 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, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL 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 231,576. RENTAL EXPENSES 30,324. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 41,541,752. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 146,263. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 231,576. RENTAL EXPENSES 30,324. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 41,541,752. STUDENT LOANS DISBURSED 91,937. 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 3185000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES INSTRUCTION AND RESEARCH 3187 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STRATEGIC INITIATIVE 33041 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES RECRUITMENT 1599 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 ALTERNATIVE INVESTMENTS N/A 64000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY ABROAD 3229 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INSTRUCTION AND RESEARCH 8299 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STRATEGIC INITIATIVE 1582 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES RECRUITMENT 3524 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES INSTRUCTION AND RESEARCH 7920 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES RECRUITMENT 24147 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES INSTRUCTION AND RESEARCH 2284 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES STUDY ABROAD 21000 0 0 0 0 0 0 3299937 58875 3358812 1 0 0 1 1 0 PART III ACCOUNTING METHOD: COLONEL'S CLUBS 268704 90200 178504 92112 FOUNDER'S GALA 162445 161267 1178 15892 45157 1666 53362 2 57079 37810 19269 7380 7566 8441 488228 289277 198951 23272 52723 1666 153915 231576 -32625 1 NAMED SCHOLARSHIPS 361 1588495 0 N/A N/A NEED BASED GRANTS AND SCHOLARSHIPS 1300 9692835 0 N/A N/A OTHER SCHOLARSHIPS 3831 29996558 0 N/A N/A ROOM GRANTS 62 263864 0 N/A N/A STUDENT LOANS DISBURSED 29 91937 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 SAT SCORES AND HIGH SCHOOL CLASS RANK. STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID TO HAVE THEIR ELIGIBILITY FOR NEED-BASED AID DETERMINED. GRADUATE SCHOLARSHIPS ARE AWARDED TO STUDENTS ENROLLED IN THE DISTANCE EDUCATION PROGRAM. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 PATRICK F LEAHY PRESIDENT (EXIT 7/19) 264385 0 75000 0 104751 0 21798 0 33015 0 498949 0 0 0 LOREN D PRESCOTT JR VP FINANCE AND GENERAL COUNSEL 248168 0 0 0 2448 0 20000 0 13068 0 283684 0 0 0 PAUL ADAMS VP OF STUDENT AFF (THRU 7/19), INT. PRES. (EFF. 7/19) 232992 0 0 0 4404 0 19540 0 23614 0 280550 0 0 0 SCOTT STOLTE DEAN OF NESBITT SCHOOL OF PHARMACY 216939 0 0 0 18246 0 18092 0 14156 0 267433 0 0 0 MICHAEL WOOD SPECIAL ASSISTANT TO THE PRESIDENT 191296 0 0 0 3220 0 16124 0 12874 0 223514 0 0 0 ABEL ADEKOLA DEAN OF JAY SIDHU BUSINESS SCHOOL 187133 0 0 0 2663 0 15533 0 10125 0 215454 0 0 0 TERESE WIGNOT INTER VP OF ENROL (THRU. 6/19), PROVOST (EFF. 6/19) 187984 0 0 0 734 0 15525 0 9540 0 213783 0 0 0 PRAHLAD MURTHY INTERIM DEAN OF COLLEGE OF SCI. & ENGINEERING 189908 0 0 0 1898 0 14983 0 525 0 207314 0 0 0 TERI OOMS EXEC DIRECTOR OF THE INSTITUTE 163235 0 0 0 25404 0 12820 0 587 0 202046 0 0 0 JOHN STACHACZ DEAN FOR LIBRARY AND IT 167398 0 0 0 3172 0 14024 0 12784 0 197378 0 0 0 RODNEY RIDLEY ALLAN P. KIRBY CENTER DIRECTOR 158532 0 0 0 8612 0 13616 0 13963 0 194723 0 0 0 BONNIE CULVER DIRECTOR OF CREATIVE WRITING 162575 0 0 0 3649 0 10313 0 7161 0 183698 0 0 0 JANET KOBYLSKI ASSOC. VP OF FINANCE AND TREASURER 150396 0 0 0 6549 0 12222 0 7259 0 176426 0 0 0 DEBORAH ZBEGNER DEAN OF PASSAN SCHOOL OF NURSING 159802 0 0 0 2292 0 12876 0 494 0 175464 0 0 0 MARGARET STEELE CHIEF DEVELOPMENT OFFICER 151735 0 0 0 2808 0 12336 0 7264 0 174143 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. IT IS A NONTAXABLE BENEFIT TO PRESIDENT. CLEANING SERVICES ARE PROVIDED IN THE PRESIDENT'S HOUSE. THE AMOUNT PAID TO THIS INDIVIDUAL FOR THE SERVICES IS INCLUDED AS A NON-TAXABLE BENEFIT. HEALTH OR SOCIAL CLUB DUES - CERTAIN MEMBERS OF THE PRESIDENT'S CABINET BELONG TO A LOCAL SOCIAL CLUB IN WHICH DUES ARE REQUIRED. THE HEALTH OR SOCIAL CLUB DUES ARE NOW TREATED AS TAXABLE COMPENSATION FOR THE YEAR ENDING DECEMBER 31, 2019. PART I, LINE 7 PATRICK F. LEAHY - $75,000 A NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BD8 2012-05-09 16956391 FINANCE NEW FACILITY 0 0 0 B NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BV8 2016-05-19 33603743 ADVANCE REFUNDING BONDS 2007 0 0 0 C NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556WB6 2016-12-20 20012768 REFUNDING BONDS 2007 0 0 0 A 16956391 1665263 284230 15014661 2013 0 0 1 1 B 2330000 33603743 480772 33119026 2016 1 0 1 1 C 1990000 20012768 305329 19707439 2016 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 1 1 1 0 0.00000 0.00360 0.00360 0 0 1 C 1 1 1 1 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: 04/30/2020 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2020 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2020 25930 SCHOLARSHIPS EDUCATIONAL SORDONI CONSTRUCTION INC WILKES/VENDOR 125622 SORDONI CONSTRUCTION PERFORMS CONSTRUCTION SERVICES FOR THE UNIVERSITY. SORDONI CONSTRUCTION IS OWNED BY A RELATIVE OF MATTHEW SORDONI. THESE TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. 0 C CHARNETSKI FATHER OF TRUSTEE 102663 REGULAR PAY AS FACULTY MEMBER/PROFESSOR AT WILKES UNIVERSITY 0 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 A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP: MATTHEW SORDONI AND STEVEN ROTH FORM 990, PART VI, SECTION B, LINE 11B WILKES UNIVERSITY HAS ESTABLISHED A REVIEW PROCESS FOR THE FORM 990. ONCE THE DRAFT FORM 990 RETURN IS RECEIVED, IT IS REVIEWED BY THE FINANCE OFFICE. AFTER THIS REVIEW, IT IS SENT TO THE VICE PRESIDENT OF FINANCE AND GENERAL COUNSEL. 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, BEVERLY B. HISCOX, MELANIE MASLOW KERN, ALLAN P. KIRBY, JR., ROBERT A. MUGFORD, MARY B. RHODES, EUGENE ROTH, ELIZABETH A. SLAUGHTER, STEPHEN SORDONI, AND WILLIAM H. TREMAYNE. FORM 990, PART XI, LINE 9: STUDENT LOANS DISBURSED 91,937. CHANGE IN LIABILITY ON SPLIT INTEREST AGREEMENTS -146,263. 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 30600 5494894 WILKES UNIVERSITY SOUTH CITY PROPERTIES LLC 84 W SOUTH STREET WILKES BARRE PA 18766 352497851 REAL ESTATE PA 0 185505 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