2021-03-15T16:01:25-05:00 2020-05-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2019-06-01 240795495 UNIVERSITY OF SCRANTON UNIV 5709417411 800 LINDEN STREET SCRANTON PA 18510 EDWARD J STEINMETZ CPA SENIOR VP FINANCE & TREASURER 5709417411 2021-02-25 1 KERRI N BOGDA CPA P00760402 7177404863 2019 2022-09-23 18:48:47Z REV SCOTT R PILARZ 800 LINDEN STREET SCRANTON PA 18510 420959827 0 X WWW.SCRANTON.EDU X 1888 PA THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY DEDICATED TO EDUCATION. 23 22 2984 580 1630481 0 16405619 15176269 222093380 216938174 9185954 8286532 3413264 3858120 251098217 244259095 73935254 80566414 0 0 103835990 107619210 20000 15000 3858026 58998280 56252610 236789524 244453234 14308693 -194139 601478100 605835765 195914866 197146761 405563234 408689004 X THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY. IT IS A COMMUNITY DEDICATED TO THE FREEDOM OF INQUIRY AND PERSONAL DEVELOPMENT FUNDAMENTAL TO GROWTH IN WISDOM AND INTEGRITY OF ALL WHO SHARE ITS LIFE. CONTINUED ON SCHEDULE "O".IT OFFERS DEGREE PROGRAMS AT THE UNDERGRADUATE, GRADUATE, PRE-PROFESSIONAL, AND PROFESSIONAL LEVELS. 0 0 145319292 80566414 190101042 HIGHER EDUCATION; STUDENT FINANCIAL AID: TOTAL INSTITUTIONAL FINANCIAL AID AWARDS PROCESSED AND DISBURSED BY THE FINANCIAL AID OFFICE AMOUNTED TO $79,110,051 TO RECIPIENTS. ADDITIONALLY, THE FINANCIAL AID OFFICE PROCESSED $57,696,940 OF FINANCIAL AID IN THE FORM OF LOANS TO STUDENTS. DURING THE 2019-2020 ACADEMIC YEAR 3,694 UNDUPLICATED RECIPIENTS RECEIVED SOME FORM OF FINANCIAL AID. LOANS PROVIDED TO STUDENTS AND THEIR PARENTS INCLUDE FEDERAL STAFFORD, PLUS, AND ALTERNATIVE LOANS.CONTINUED ON SCHEDULE O.HIGHER EDUCATION; INSTRUCTION: PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO 3,787 UNDERGRADUATE AND 1,490 GRADUATE STUDENTS. THERE ARE 70 UNDERGRADUATE MAJOR PROGRAMS, 34 GRADUATE (MASTERS) LEVEL PROGRAMS, FOUR DOCTORAL PROGRAMS, AND OVER 100 CONTINUING AND PROFESSIONAL EDUCATION PROGRAMS TAUGHT AT THE UNIVERSITY. 30630115 0 26837132 HIGHER EDUCATION; AUXILIARY SERVICES: PROVIDES DORMITORY AND FOOD SERVICES TO APPROXIMATELY 2,381 RESIDENT STUDENTS AND FOOD SERVICES TO COMMUTER STUDENTS, FACULTY, STAFF AND ADMINISTRATION. 21290273 0 0 HIGHER EDUCATION; STUDENT SERVICES AND ACTIVITIES: EXPENDITURES OR ACTIVITIES WHOSE PURPOSE IS TO CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND DEVELOPMENT OUTSIDE THE CLASSROOM. 8011510 0 1758298 HIGHER EDUCATION; ACADEMIC SUPPORT: INCLUDES EXPENSES APPLICABLE TO AN INTEGRAL PART OF THE UNIVERSITY'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, OR PUBLIC SERVICE THAT ARE NOT CHARGED DIRECTLY TO THESE PROGRAMS. 6275335 0 0 HIGHER EDUCATION; LIBRARY: EXPENSES INCURRED IN OPERATING AN 80,000 SQ. FT. UNIVERSITY LIBRARY. THE LIBRARY CONTAINS OVER 633,035 VOLUMES, 203,507 FULL-TEXT ONLINE BOOKS, AND A MEDIA COLLECTION HOLING 22,544 NON-PRINT ITEMS AND 9,085 STREAMING MEDIA PROGRAMS FOR STUDENT AND GENERAL PUBLIC STUDY AND RESEARCH. 1867754 0 0 HIGHER EDUCATION, PUBLIC SERVICE: FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTITUTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THESE EXPENSES DO NOT INCLUDE OVER 175,000 COMMUNITY SERVICE HOURS PROVIDED BY UNIVERSITY STUDENTS. 507150 0 281767 HIGHER EDUCATION, RESEARCH: INCLUDES THE COST ASSOCIATED WITH GRANTS/AWARDS TO PRODUCE RESEARCH EITHER FUNDED INTERNALLY OR COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY. 16661749 0 2040065 213901429 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 7451 1 1 2984 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 PA AK CO MA NH WA X X ADRIAN J MIHALKO CPA 5709414897 800 LINDEN STREET SCRANTON PA 18510 JEFFREY P GINGERICH PHD PROVOST, SR. VP ACADEMIC AFFAIRS 45.00 X 305548 0 223877 DOUGLAS M BOYLE DBA CPA CMA ASSOCIATE PROFESSOR 40.00 X 382212 0 110588 EDWARD J STEINMETZ CPA SVP FINANCE/TREASURER 45.00 X 396137 0 45199 JAMES F BOYLE DBA CPA ASSISTANT PROFESSOR 40.00 X 287694 0 55301 GERALD C ZABOSKI VICE PROVOST, EXTERNAL AFFAIRS 45.00 X 233435 0 90970 ROBERT B FARRELL ESQ GENERAL COUNSEL 45.00 X 233814 0 72438 MURLI RAJAN PHD CFA INTERIM DEAN, KSOM 45.00 X 203694 0 92395 IORDANIS PETSAS PHD ASSOCIATE PROFESSOR 40.00 X 248585 0 37543 STEVEN J SZYDLOWSKI DHA PROFESSOR 40.00 X 261816 0 19365 THOMAS S MACKINNON VP UNIVERSITY ADVANCEMENT 45.00 X 233026 0 32545 NABIL A TAMIMI PHD PROFESSOR 40.00 X 233260 0 29447 ROBERT W DAVIS JR EDD VP OF STUDENT LIFE 45.00 X 202681 0 47565 MICHAEL O MENSAH PHD FORMER DEAN, KSOM TO 6/18; FACULTY 45.00 X 192017 0 56245 DEBRA A PELLEGRINO EDD DEAN, PCPS 45.00 X 209970 0 24808 PATRICIA L TETREAULT VP HUMAN RESOURCES 45.00 X 180065 0 47332 BRIAN P CONNIFF PHD DEAN, CAS 45.00 X 186918 0 40396 JOSEPH H DREISBACH UNTIL 819 FORMER INTERIM PROVOST/SVP ACADEMIC AFFAIRS 45.00 X 185795 0 38967 ANITRA M MCSHEA VICE PROVOST, STUDENT AFFAIRS 45.00 X 179477 0 44330 SCOTT R PILARZ SJ BOARD PRESIDENT 1.00 X X 0 0 19379 HERBERT B KELLER SJ VP FOR MISSION & MINISTRY 45.00 X 0 0 319 JAMES M SLATTERY BOARD CHAIR 2.00 X X 0 0 0 DANIEL K LAHART SJ BOARD CO-VICE CHAIR 2.00 X X 0 0 0 VINCENT F REILLY ESQ BOARD CO-VICE CHAIR 2.00 X X 0 0 0 LINDA D BARRASSE MD TRUSTEE 1.00 X 0 0 0 PATRICIA A BYRNES CLARKE TRUSTEE 1.00 X 0 0 0 JACQUELYN DIONNE RN TRUSTEE 1.00 X 0 0 0 ANNE DRUCKER TRUSTEE 1.00 X 0 0 0 FRANK J DUBAS JR CPA TRUSTEE 1.00 X 0 0 0 MATTHEW E HAGGERTY ESQ TRUSTEE 1.00 X 0 0 0 MARY R HAVERON CPA TRUSTEE 1.00 X 0 0 0 TIMOTHY J KACANI TRUSTEE 1.00 X 0 0 0 WILLIAM J KELLEY SJ TRUSTEE 1.00 X 0 0 0 KEITH F MUCCINO SJ MD TRUSTEE 1.00 X 0 0 0 KEVIN J O'BRIEN ESQ TRUSTEE 1.00 X 0 0 0 LIZ MURPHY TRUSTEE 1.00 X 0 0 0 ANTHONY G SIMONE TRUSTEE 1.00 X 0 0 0 ROBERT S WEISS TRUSTEE 1.00 X 0 0 0 RACHELE MACKIN BROWNING TRUSTEE 1.00 X 0 0 0 KATHLEEN SPROWS CUMMINGS PHD TRUSTEE 1.00 X 0 0 0 STEPHEN E SANDHERR ESQ TRUSTEE 1.00 X 0 0 0 JOHN R MARIOTTI DMD TRUSTEE 1.00 X 0 0 0 RYAN MAHER SJ TRUSTEE 1.00 X 0 0 0 YOHURU R WILLIAMS PHD TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 DAVID C BLAKE PHD JD TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 TRACY F BANNON TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 RICHARD V BAKER TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 PHILIP G JUDGE SJ TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 CHRISTOPHER J KANE TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 MARYLA SCRANTON TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 PATRICK W SHEA ESQ TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 JUDEE BAVARIA TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 JOSEPH VASZILY TRUSTEE (UNTIL 9/19) 1.00 X 0 0 0 4356144 0 1129009 168 1 1 0 ARAMARK C/O UNIVERSITY OF SCRANTON SCRANTON PA 18510 FOOD SERVICE PROVIDER 11267413 AJ GUZZI GENERAL CONTR INC 9 SKYLINE DRIVE CLARKS SUMMIT PA 18411 CONSTRUCTION CONTRACTOR 2043840 ELLUCIAN COMPANY LP 4 COUNTRY VIEW ROAD MALVERN PA 19355 IT MAINTENANCE AND SUPPORT 552582 DOUGHERTY CLIFFORD & WADSWORTH 895 MARCONI AVE RONKONKOMA NY 11779 ADVERTISING 479880 HIGH INDUSTRIES INC PO BOX 10726 LANCASTER PA 176050726 CONSTRUCTION CONTRACTOR 419950 23 935063 5190937 9050269 1254653 15176269 TUITION AND FEES 611310 190101042 190101042 AUXILIARY ENTERPRISES 721310 26837132 26837132 216938174 5227111 -23595 5250706 169034 116682 52352 52352 52352 179265691 7500 176206399 7371 3059292 129 3059421 3059421 201439 935063 370280 -168841 -168841 EDUCATIONAL SUPPORT SERVICES 611710 1851305 1851305 EARLY LEARNING CENTER 624410 1208929 928461 280468 CONFERENCE & EVENT SERVICES 900002 725615 725615 188760 188760 3974609 244259095 218978239 1630481 8474106 200000 200000 80366414 80366414 3700146 1930673 1496584 272889 72195467 63288869 7452522 1454076 5716510 4760749 813398 142363 21127805 15233305 5600546 293954 4879282 4123858 639084 116340 529619 529619 341166 341166 85971 85971 15000 15000 1209935 1209935 3223488 1585484 1141925 496079 806933 217550 579004 10379 2415230 2020915 313083 81232 2129025 1104455 983747 40823 3351537 3223408 128129 796498 688457 71847 36194 1636869 1406373 207101 23395 5962804 5934001 28803 13434462 11952487 1430683 51292 1044526 805455 229447 9624 DIRECT FOOD COSTS 7214014 7214014 REPAIRS AND MAINTENANCE 4269797 2450273 1802080 17444 BOOKS AND PUBLICATIONS 2421747 2358477 63270 OTHER FOOD SERVICE EXP. 2319129 1430352 319230 569547 3059860 1605860 1375846 78154 244453234 213901429 26693779 3858026 16778128 28972628 4940091 6798560 6929059 6550788 157416 157416 2467514 2074099 4490042 4248439 496651186 215436784 287039093 281214402 178875625 175398670 99801132 100420763 601478100 605835765 24156083 31226618 673735 843462 11726395 10705814 147835000 143375000 11523653 10995867 195914866 197146761 X 262443807 260627487 143119427 148061517 405563234 408689004 601478100 605835765 X -194139 3389122 -69213 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 4306 0 1 81665 85971 0 PART II-B, LINE 1: LINE 1B - OUR ADMINISTRATIVE STAFF IN EXTERNAL AFFAIRS SPENDS A SMALL PART OF THEIR TIME MEETING WITH OUR EXTERNAL CONSULTING FIRM TO DISCUSS OUR LEGISLATIVE INTERESTS. LINE 1G - THE UNIVERSITY PAID FOR TRAVEL-RELATED EXPENSES FOR EMPLOYEES TASKED WITH MEETING LEGISLATORS TO IDENTIFY POTENTIAL GRANT OPPORTUNITIES. LINE I - THE UNIVERSITY CONTRACTED WITH A CONSULTING FIRM TO REPRESENT ITS INTERESTS IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT BOTH THE STATE AND FEDERAL LEVELS. 9300 309725 X X X X USED REGULARLY FOR TEACHING 0 205532801 3870216 8410376 4521153 3493141 1209935 208589164 198909079 12960401 2373612 4277294 3374059 1058938 205532801 182731251 8559152 15992476 4243866 3100191 1029743 198909079 162728402 5242579 22687425 4299601 2775506 852048 182731251 167924894 6519013 -5504792 2984984 2502767 722962 162728402 0.34320 0.39800 0.25880 1 0 21923949 21923949 391226720 159801334 231425386 48738483 40560832 8177651 34762034 15074618 19687416 281214402 SILCHESTER INTERNATIONAL INVESTORS 12067505 F ABS OFFSHORE SPC CLASS B 10214229 F GROSVENOR CAPITAL MANAGEMENT 15747536 F MFS INTERNATIONAL GROWTH, LLC 14953971 F IR&M CORE BOND FUND, LLC 11920190 F MERCER PIP IV LP 3630927 F ABBOTT CAPITAL PRIVATE EQUITY FUND VII, L.P. 3127515 F PARK STREET CAPITAL PRIVATE EQUITY FUND XI, L.P 2051858 F MERCER HEDGE FUND INVESTORS SP-I 11431346 F APOLLO TOTAL RETURN FUND 10969705 F HARBOURVEST 2017 GLOBAL FUND, L.P. 3702635 F MERCER PIP V LP 603346 F 100420763 SPLIT INTEREST AGREEMENTS 1748830 PREMIUMS ON UNIVERSITY BONDS 9071391 CAPITAL LEASE OBLIGATIONS 175646 10995867 X 168226102 3389122 -79422115 -76032993 244259095 0 244259095 165100332 0 165100332 79352902 79352902 244453234 PART III, LINE 4: THE SPECIAL COLLECTIONS DEPARTMENT OF THE WEINBERG MEMORIAL LIBRARY PROVIDES EXHIBITS, PROGRAMMING, AND INSTRUCTION THAT REACH OUT TO BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC. SPECIAL COLLECTIONS CONTAIN HISTORICAL COLLECTIONS AND A RARE BOOK COLLECTION THAT RANGES FROM MEDIEVAL MANUSCRIPTS AND EARLY PRINTED BOOKS THROUGH 20TH CENTURY FIRST EDITION AND FINE PRESS WORK. MUCH OF THE COLLECTION WAS DONATED OR ACQUIRED OVER MANY DECADES. INCLUDED IN THE COLLECTION IS A COMPONENT FOCUSING ON RARE BOOKS PRODUCED BY THE JESUIT COMMUNITY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT IS USED TO PROVIDE SCHOLARSHIPS TO STUDENTS AND TO OFFSET FACULTY SALARIES AND OTHER OPERATING EXPENSES. PART X, LINE 2: TAX POSITIONS ARE RECOGNIZED OR REVERSED BY THE UNIVERSITY BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE 116,682. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME 370,280. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE 480,122. TUITION AND FEE REVENUE OFFSET BY INSTITUTIONALLY FUNDED STUDENT AID -79,110,051. CHANGE IN VALUE OF SPLIT INTEREST LIABILITY -69,213. INVESTMENT MANAGEMENT FEES -1,209,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE -116,682. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME -370,280. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE -480,122. TUITION AND FEE REVENUE OFFSET BY INSTITUTIONALLY FUNDED STUDENT AID 79,110,051. INVESTMENT MANAGEMENT FEES 1,209,935. 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'S NOTICE OF NON-DISCRIMINATION IS WIDELY POSTED ON UNIVERSITY WEB PAGES, AT VARIOUS LOCATIONS ON CAMPUS, AND CONTAINED IN ELECTRONIC AND PRINTED PUBLICATIONS FOR GENERAL DISTRIBUTION, APPLICABLE BULLETINS, ANNOUNCEMENTS, PUBLICATIONS, CATALOGS, APPLICATION FORMS, AND RECRUITMENT MATERIALS. THE UNIVERSITY IS GOVERNED BY AN INDEPENDENT BOARD OF TRUSTEES AND WELCOMES PERSONS OF ALL RACES AND RELIGIOUS PERSUASIONS AS MEMBERS OF ITS STUDENT BODY, FACULTY, STAFF, AND ADMINISTRATION. CONTINUED BELOW. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES OPERATING FUNDS DESIGNATED BY BOTH FEDERAL AND STATE GOVERNMENT FUNDING AGENCIES FOR SPECIFIC OPERATING PURPOSES. THE UNIVERSITY ALSO RECEIVES FINANCIAL AID FUNDS FOR ITS STUDENTS FROM BOTH FEDERAL AND STATE FUNDING AGENCIES AND ACTS AS THE CUSTODIAN AND DISBURSING AGENT FOR THESE FUNDS. LINE 3 CONTINUATION: THE UNIVERSITY IS COMMITTED TO PROVIDING A SAFE AND NONDISCRIMINATORY EMPLOYMENT AND EDUCATIONAL ENVIRONMENT. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, SEX, GENDER, GENDER IDENTITY OR EXPRESSION, DISABILITY, RELIGION, AGE, VETERAN STATUS, SEXUAL ORIENTATION, ANCESTRY, PREGNANCY, GENETIC INFORMATION, OR OTHER STATUS PROTECTED BY LAW. SEXUAL HARASSMENT, INCLUDING SEXUAL VIOLENCE, IS A FORM OF SEX DISCRIMINATION PROHIBITED BY TITLE IX OF THE EDUCATION AMENDMENTS OF 1972. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF SEX IN ITS EDUCATIONAL, EXTRACURRICULAR, ATHLETIC, OR OTHER PROGRAMS OR IN THE CONTEXT OF EMPLOYMENT. THE UNIVERSITY VALUES THE BENEFITS OF DIVERSITY. IT IS COMMITTED TO CREATING A COMMUNITY WHICH RECOGNIZES THE INHERENT VALUE AND DIGNITY OF EACH PERSON. AS SUCH, THE UNIVERSITY PROMOTES AN AWARENESS OF AND SENSITIVITY TOWARDS DIFFERENCES OF RACE, GENDER, ETHNICITY, NATIONAL ORIGIN, CULTURE, SEXUAL ORIENTATION, RELIGION, AGE, AND DISABILITIES AMONG STUDENTS, FACULTY, STAFF, AND ADMINISTRATORS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 10214229 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDENT SERVICE LEARNING TRIP EXPENSES; STUDENT TRAVEL COURSE 117323 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 3 PROGRAM SERVICES STUDENT STUDY ABROAD TUITION, FEES, ROOM & BOARD; STUDENT RECRUITMENT EXPENSES 139451 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDENT STUDY ABROAD TUITION, FEES, ROOM & BOARD;STUDENT TRAVEL COURSES; SPORTS TEAM TRAVEL EXPENSES 201393 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 1 PROGRAM SERVICES STUDENT RECRUITMENT EXPENSES; STUDENT TRAVEL COURSE 25024 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDENT TRAVEL COURSES 20650 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 2 PROGRAM SERVICES STUDENT RECRUITMENT EXPENSES 29924 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES STUDENT TRAVEL COURSES 15000 0 6 0 0 0 6 10762994 0 10762994 1 0 1 1 0 0 PART III ACCOUNTING METHOD: SCHEDULE F PART IV THE UNIVERSITY DID NOT MEET THE THRESHOLD FILING REQUIREMENTS FOR FORMS 5471 AND 8621. X X X X X X X 0 ROBERTS EVENT GROUP 491 YORK RD JENKINTOWN PA 19046 EVENT MANAGEMENT 0 910668 15000 895668 910668 15000 895668 AK CO MA NH PA WA DINNER 910668 829423 81245 182055 2000 102396 GOLF TOURNEY 225834 105640 120194 6385 70712 6732 1136502 935063 201439 6385 252767 2000 109128 370280 -168841 1 CITY OF SCRANTON CITY HALL 340 NORTH WASHINGTON AVE SCRANTON PA 18503 246000704 115 200000 GENERAL SUPPORT 1 0 UNIVERSITY FUNDED GRANTS/ASSISTANCE 3694 79110051 0 N/A N/A CARES ACT EMERGENCY GRANTS 2025 1256363 0 N/A N/A PART I, LINE 2: ALL UNIVERSITY STUDENTS ARE CONSIDERED FOR GRANTS AND/OR ASSISTANCE. THE UNIVERSITY'S FINANCIAL AID OFFICE EVALUATES EACH STUDENT'S FINANCIAL NEED BASED UPON INFORMATION PROVIDED ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). FINANCIAL AID OFFICE MANAGEMENT AWARDS MERIT SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED UPON DONOR STIPULATIONS AND AWARD FEDERAL, STATE, AND PRIVATE NEED-BASED AWARDS BASED ON FEDERAL OR OTHER GUIDELINES. STUDENTS RECEIVING AWARDS PROVIDE INFORMATION AND PARTICIPATE IN INTERVIEWS TO ENSURE THAT GUIDELINES AND RESIDENCY RULES AND REGULATIONS ARE MET. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JEFFREY P GINGERICH PHD PROVOST, SR. VP ACADEMIC AFFAIRS 305548 0 0 0 0 0 16154 0 207723 0 529425 0 0 0 DOUGLAS M BOYLE DBA CPA CMA ASSOCIATE PROFESSOR 382212 0 0 0 0 0 15652 0 94936 0 492800 0 0 0 EDWARD J STEINMETZ CPA SVP FINANCE/TREASURER 396137 0 0 0 0 0 28000 0 17199 0 441336 0 0 0 JAMES F BOYLE DBA CPA ASSISTANT PROFESSOR 287694 0 0 0 0 0 13719 0 41582 0 342995 0 0 0 GERALD C ZABOSKI VICE PROVOST, EXTERNAL AFFAIRS 233435 0 0 0 0 0 22122 0 68848 0 324405 0 0 0 ROBERT B FARRELL ESQ GENERAL COUNSEL 233814 0 0 0 0 0 22608 0 49830 0 306252 0 0 0 MURLI RAJAN PHD CFA INTERIM DEAN, KSOM 203694 0 0 0 0 0 20241 0 72154 0 296089 0 0 0 IORDANIS PETSAS PHD ASSOCIATE PROFESSOR 248585 0 0 0 0 0 10238 0 27305 0 286128 0 0 0 STEVEN J SZYDLOWSKI DHA PROFESSOR 261816 0 0 0 0 0 9682 0 9683 0 281181 0 0 0 THOMAS S MACKINNON VP UNIVERSITY ADVANCEMENT 233026 0 0 0 0 0 22862 0 9683 0 265571 0 0 0 NABIL A TAMIMI PHD PROFESSOR 233260 0 0 0 0 0 13462 0 15985 0 262707 0 0 0 ROBERT W DAVIS JR EDD VP OF STUDENT LIFE 202681 0 0 0 0 0 20660 0 26905 0 250246 0 0 0 MICHAEL O MENSAH PHD FORMER DEAN, KSOM TO 6/18; FACULTY 192017 0 0 0 0 0 17640 0 38605 0 248262 0 0 0 DEBRA A PELLEGRINO EDD DEAN, PCPS 209970 0 0 0 0 0 20012 0 4796 0 234778 0 0 0 PATRICIA L TETREAULT VP HUMAN RESOURCES 180065 0 0 0 0 0 18762 0 28570 0 227397 0 0 0 BRIAN P CONNIFF PHD DEAN, CAS 186918 0 0 0 0 0 18149 0 22247 0 227314 0 0 0 JOSEPH H DREISBACH UNTIL 819 FORMER INTERIM PROVOST/SVP ACADEMIC 185795 0 0 0 0 0 19038 0 19929 0 224762 0 0 0 ANITRA M MCSHEA VICE PROVOST, STUDENT AFFAIRS 179477 0 0 0 0 0 18425 0 25905 0 223807 0 0 0 PART I, LINE 1A THE UNIVERSITY'S TRAVEL AND EXPENSE POLICY ALLOWS FOR FIRST- AND BUSINESS-CLASS AIR TRAVEL IN CERTAIN CIRCUMSTANCES FOR UNIVERSITY OFFICERS. THE UNIVERSITY PROVIDES ON-CAMPUS HOUSING FOR THE PRESIDENT. THE ESTIMATED VALUE OF THIS HOUSING IS $18,928. THE HOUSING VALUES ARE BASED UPON RESIDENCE HALL RATES CHARGED TO UNIVERSITY STUDENTS. THE HOUSING VALUE IS INCLUDED IN THE PRESIDENT'S COMPENSATION DISCLOSED IN PART VII OF THE FORM 990. THE UNIVERSITY PAYS FOR INITIATION FEES AND MONTHLY DUES FOR A MEMBERSHIP FOR THE PRESIDENT TO THE SCRANTON COUNTRY CLUB AND THE ANNUAL MEMBERSHIP FEES FOR THE VICE PRESIDENT OF STUDENT LIFE AT GLENMAURA NATIONAL GOLF CLUB OF MOOSIC, PA. THE UNIVERSITY ALSO PAYS FOR A MEMBERSHIP AT HAMILTON FARM GOLF CLUB OF GLADSTONE, NJ. THESE THREE MEMBERSHIPS ARE USED BY SENIOR ADMINISTRATORS TO HOST MEETINGS WITH BUSINESS PARTNERS OF THE UNIVERSITY, BOARD OF TRUSTEES MEMBERS, POTENTIAL DONORS, AND FACULTY AND STAFF. MEMBERSHIP IN THESE CLUBS ALLOWS FOR RECIPROCAL USE OF OTHER RELATED VENUES WITHIN THE UNITED STATES. THESE RECIPROCAL AGREEMENTS ALLOW SENIOR ADMINISTRATION TO HOST QUALITY BUSINESS AND FUNDRAISING EVENTS OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA. THE UNIVERSITY ALSO PAYS FOR PERSONAL ASSISTANT SERVICES FOR THE PRESIDENT. PART I, LINE 3 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THE TOTAL COMPENSATION PAID TO THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES THE PRESIDENT AS TO THE INDIVIDUAL EMPLOYMENT CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. A CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254AX0 2010-09-09 67855761 SEE PART VI 0 0 0 B NE PA HOSPITAL & EDUCATION AUTHORITY 237394107 2014-09-11 20000000 SEE PART VI 0 0 0 C CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254BT8 2015-08-04 39134183 SEE PART VI 0 0 0 D SCR-LACKAWANNA HEALTHWELFARE AUTHORITY 232205980 810694K73 2016-07-07 29240908 SEE PART VI 0 0 0 A 63995000 67855761 568398 67287363 2011 0 0 1 1 B 1240000 20000000 101773 19898227 2015 0 0 1 1 C 550000 39134183 288533 38845650 2015 1 1 1 1 D 29240908 308557 28932351 2016 0 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/16/2020 ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/06/2020 ISSUER NAME: SCR-LACKAWANNA HEALTH/WELFARE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/06/2020 SCHEDULE K, PART I, BOND ISSUES: BOND ISSUE A: (A) ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY (F) DESCRIPTION OF PURPOSE: CONSTRUCTION OF LOYOLA SCIENCE CENTER, MULTI-PURPOSE 400 BED RESIDENCE HALL BOND ISSUE B: (A) ISSUER NAME: NE PA HOSPITAL & EDUCATION AUTHORITY (F) DESCRIPTION OF PURPOSE: PARTIAL FINANCING FOR CONSTRUCTION OF A NEW REHABILITATION EDUCATION CENTER BOND ISSUE C: (A) ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2006 BONDS, WHICH WERE ISSUED 03/02/06 BOND ISSUE D: (A) ISSUER NAME: SCR-LACKAWANNA HEALTH/WELFARE AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUNDING OF SERIES 2007 BONDS, WHICH WERE ISSUED 10/12/07 BOND ISSUE E: (A) ISSUER NAME: LACKAWANNA CNTY INDUSTRIAL DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: PARTIAL REFUNDING OF SERIES 2010 BONDS, WHICH WERE ISSUED 09/09/10, AND REFUNDING SERIES 2002 K1 BONDS, WHICH WERE ISSUED 12/16/02. SCHEDULE K, PART III, LINE 9: THE UNIVERSITY HAS PROCEDURES IN PLACE BUT NO WRITTEN POLICY TO ENSURE COMPLIANCE WITH THESE REQUIREMENTS. THE UNIVERSITY IS WORKING TO FINALIZE A FORMAL WRITTEN POLICY. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: BOND ISSUE A: (A) ISSUER NAME: SCRANTON-LACKAWANNA HEALTH AND WELFARE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/21/2017 BOND ISSUE C: (A) ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/15/2014 A LACKAWANNA CNTY INDUSTRIAL DEV AUTHORITY 232058328 505493AY2 2017-11-01 70539319 SEE PART VI 0 0 0 A 200000 70539319 478216 70061103 2017 1 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 ROBERT B FARRELL ESQ SEE PART V SEE PART V X 157416 157416 0 1 1 157416 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: ROBERT B. FARRELL, ESQ.(B) RELATIONSHIP WITH ORGANIZATION: GENERAL COUNSEL(C) PURPOSE OF LOAN: EDUCATIONAL ASSISTANCE X 6 13700 DONOR SALES OF SIMILAR W X 3909 RECEIPT X 16 236044 MID-POINT TRADING PRICE X 1 1000000 PARTNERSHIP VALUATION X GIFT CARDS 2 1000 FACE VALUE 2 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B REPRESENTS THE NUMBER OF DONORS. PART I, LINE 32B: THE UNIVERSITY OF SCRANTON UTILITIZES OUR PRIMARY BANKING PARTNER, PNC BANK, TO SELL ALL STOCK GIFTS AT MARKET VALUE AS THEY ARE RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT OF THE UNIVERSITY, REV. SCOTT R. PILARZ, S.J., AND THE VICE PRESIDENT FOR MISSION AND MINISTRY, REV. HERBERT B. KELLER, S.J., ARE MEMBERS OF THE SCRANTON JESUIT COMMUNITY AND THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. OTHER CLERGY THAT ARE MEMBERS OF THE BOARD OF TRUSTEES MAY ALSO BE MEMBERS OF THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED IN-HOUSE BASED UPON THE AMOUNTS REPORTED IN THE AUDITED FINANCIAL STATEMENTS. THE DRAFT FORM 990 IS COMPLETED BY TREASURER'S OFFICE PERSONNEL AND IS REVIEWED BY INDEPENDENT TAX ADVISORS AND BY THE UNIVERSITY'S SENIOR VICE PRESIDENT (SVP) FOR FINANCE AND ADMINISTRATION BEFORE BEING SENT TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE HAS APPROXIMATELY A ONE-WEEK PERIOD PRIOR TO THE REGULARLY SCHEDULED BOARD MEETING TO COMMENT ON THE DRAFT AND APPROPRIATE REVISIONS ARE MADE BASED UPON THOSE COMMENTS. THE REVISED DRAFT IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES ON A SECURE UNIVERSITY WEBSITE. AT THE REGULAR BOARD MEETING THE BOARD FORMALLY ADOPTS THE FORM 990 AS FINAL AND AUTHORIZES THE UNIVERSITY'S SVP FOR FINANCE AND ADMINISTRATION TO FILE THE FORM 990 WITH THE IRS. AN IDENTICAL AND SIMULTANEOUS PROCESS IS FOLLOWED TO FILE THE UNIVERSITY'S ANNUAL FORM 990-T. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S SECRETARY TO THE BOARD OF TRUSTEES EXPLAINS AND COLLECTS COMPLETED CONFLICT OF INTEREST STATEMENTS. THE STATEMENTS ARE DISSEMINATED TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, THOSE INVOLVED IN MANAGING FACILITIES AND PROCUREMENT, AND INDIVIDUALS MANAGING GRANT-FUNDED PROJECTS. THESE STATEMENTS ARE REVIEWED BY THE SECRETARY AND THE INTERNAL AUDITOR. THE SECRETARY ATTENDS ALL BOARD MEETINGS WHERE ACTIONS ARE VOTED UPON TO ENSURE THAT INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS REFRAIN FROM 1) PARTICIPATING IN DISCUSSION, 2) BEING PRESENT DURING A VOTE, OR 3) VOTING UPON THE MATTER INVOLVING THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ASSURE THEY ARE APPROPRIATE TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE THE TOTAL COMPENSATION PAID THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES THE PRESIDENT AS TO INDIVIDUAL CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. MUCH OF THIS INFORMATION IS ALSO AVAILABLE IN THE UNIVERSITY'S ANNUAL INFORMATION RETURN ON FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 AND THE OTHER DOCUMENTS NOTED ABOVE ARE AVAILABLE TO THE PUBLIC AT THE UNIVERSITY'S TREASURER'S OFFICE. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ONLINE AT "WWW.GUIDESTAR.ORG." FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST LIABILITY -69,213. FORM 990, PART VII, SECTION A: THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENT FOR MISSION & MINISTRY ARE MEMBERS OF THE SOCIETY OF JESUS. MEMBERS OF THE SOCIETY OF JESUS TAKE A VOW OF POVERTY. COMPENSATION FOR THIS UNIVERSITY OFFICER POSITION IS PAID DIRECTLY TO THE RELIGIOUS ORDER WHICH IS EXEMPT UNDER SECTION 501(C)(3). UNDER REV. RUL. 77-290, MEMBERS OF A RELIGIOUS ORDER PROVIDING SERVICES TO A CATHOLIC ORGANIZATION WILL BE CONSIDERED FOR TAX PURPOSES TO BE AN AGENT OF THE ORDER PROVIDED: 1) THE RELIGIOUS IS SUBJECT TO A VOW OF POVERTY, 2) THE RELIGIOUS IS PROVIDING SERVICES FOR A CATHOLIC ORGANIZATION LISTED IN THE OFFICIAL CATHOLIC DIRECTORY AT THE DIRECTION OF HIS SUPERIOR AND 3) THE FULL AMOUNT OF COMPENSATION IS REMITTED TO THE TAX EXEMPT ORDER BY THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES IS APPOINTED BY THE BOARD TO ASSIST THE BOARD IN THE DISCHARGE OF ITS OVERSIGHT RESPONSIBILITIES. THE AUDIT COMMITTEE OVERSEES THE FINANCIAL REPORTING PROCESS TO ENSURE THE BALANCE, TRANSPARENCY, AND INTEGRITY OF PUBLISHED FINANCIAL INFORMATION. THE AUDIT COMMITTEE ALSO REVIEWS THE INDEPENDENT AUDIT PROCESS, INCLUDING RECOMMENDING THE APPOINTMENT AND ASSESSING THE PERFORMANCE OF THE EXTERNAL AUDITORS. FORM 990, PART VI, SECTION B, LINES 16A AND 16B: THE UNIVERSITY MONITORS ITS RELATIONSHIPS WITH WITH FOR-PROFIT VENDORS TO ENSURE ITS TAX-EXEMPT STATUS IS NOT COMPROMISED AND IS IN THE PROCESS OF DEVELOPING A FORMAL WRITTEN POLICY TO DOCUMENT THESE PROCEDURES. THE UNIVERSITY HAS ENTERED INTO JOINT VENTURE ARRANGEMENTS WITH TWO PRIVATE ON-LINE EDUCATION PARTNERS TO PROVIDE TECHNICAL, RECRUITMENT, AND MARKETING SUPPORT FOR ITS ONLINE MBA AND ONLINE GRADUATE EDUCATION DEGREE PROGRAMS. THE UNIVERSITY EVALUATES ALL POTENTIAL JOINT VENTURES TO DETERMINE WHETHER THE ACTIVITIES WILL GENERATE UNRELATED BUSINESS INCOME. THE TREASURER'S OFFICE IS INVOLVED IN DISCUSSIONS WITH POTENTIAL BUSINESS PARTNERS AND ADVISES AS TO WHETHER OR NOT JOINT VENTURE RELATIONSHIPS COULD BE DETRIMENTAL TO THE UNIVERSITY'S TAX-EXEMPT STATUS. THE CURRENT JOINT VENTURES WITH ONLINE EDUCATION PROVIDERS CONSTITUTE ACTIVITIES CENTRAL TO THE UNIVERSITY'S MISSION.