2021-05-16T18:42:38-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2019-07-01 231386178 WIDENER UNIVERSITY WIDE 6104994396 ONE UNIVERSITY PLACE CHESTER PA 19013 JOSEPH J BAKER SR VP FINANCE & ADMINISTRATION 6104994396 2021-05-16 1 CONNIE M LIRA P00481097 2156433900 2021-05-16 2019 2022-09-23 18:48:47Z JOSEPH J BAKER ONE UNIVERSITY PLACE CHESTER PA 19013 283355423 0 X WWW.WIDENER.EDU X 1821 PA EMPOWERING OUR COMMUNITY OF LEARNERS TO DISCOVER AND CREATE BETTER FUTURES. 26 25 2953 50 101827 0 8925408 9982933 234336033 230154102 2539471 1904301 1951964 1053719 247752876 243095055 87205286 91017540 0 0 95437028 99113508 0 0 2799307 56113556 54928871 238755870 245059919 8997006 -1964864 380332156 372673637 178394855 180102664 201937301 192570973 X EMPOWERING OUR COMMUNITY OF LEARNERS TO DISCOVER AND CREATE BETTER FUTURES. 0 0 165618992 91017540 211170499 INSTRUCTIONAL/GRANTS - EXPENSES INCURRED WITH THE ACADEMIC INSTRUCTION OF OUR STUDENT BODY AS WELL AS GRANTS TO STUDENTS. THE UNIVERSITY COMPRISES OF EIGHT SCHOOLS AND COLLEGES THAT OFFER LIBERAL ARTS AND SCIENCES, PROFESSIONAL, AND PREPROFESSIONAL CURRICULA. A METROPOLITAN TEACHING INSTITUTION, THE UNIVERSITY IS A THREE CAMPUS UNIVERSITY OFFERING 147 PROGRAMS OF STUDY LEADING TO ONE OF 62 ASSOCIATE, BACHELORS, MASTERS, OR DOCTORAL DEGREES. IN THE FALL SEMESTER OF 2019, THE UNIVERSITY HAD ENROLLED 6,496 STUDENTS COMPRISED OF 3,215 UNDERGRADUATE, 2,248 GRADUATE, AND 1,033 SCHOOL OF LAW STUDENTS. 21578559 0 17543946 AUXILIARY SERVICES - EXPENSES INCURRED PRIMARILY FOR HOUSING AND FEEDING ON AVERAGE OF 1,600 STUDENTS PER SEMESTER. 19452722 0 1439657 STUDENT SERVICES - EXPENSES INCURRED FOR PROGRAMS THAT SERVICE WIDENER'S STUDENT BODY, SUCH AS ATHLETICS, STUDENT ORGANIZATIONS, CAREER PLACEMENT, STUDENT HEALTH, AND STUDENT COUNSELING. IN ADDITION, THIS INCLUDES DEPARTMENTS THAT SUPPORT STUDENT ADMISSIONS, FINANCIAL AID, THE BURSAR, AND REGISTRAR. 13711063 0 0 ACADEMIC SUPPORT - EXPENSES INCURRED TO SUPPORT THE LIBRARY AND ACADEMIC ADMINISTRATION, INCLUDING PROVOST, DEANS, AND FACULTY DEVELOPMENT. 13711063 0 0 220361336 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 1 1 1 0 0 1 348 0 2953 1 1 1 1 CS 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X X JOSEPH J BAKER 6104994156 ONE UNIVERSITY PLACE CHESTER PA 19013 JULIE E WOLLMAN PHD PRESIDENT 60.00 0.30 X X 598119 0 92497 RODNEY SMOLLA DEAN, DELAWARE LAW 60.00 0.00 X 335588 0 92616 JOSEPH J BAKER SR VP FINANCE & ADMIN 60.00 1.30 X 366358 0 51655 CHRISTIAN JOHNSON DEAN SCHOOL OF LAW 40.00 0.00 X 310198 0 53745 FRED AKL SR VP PROVOST 60.00 0.00 X 296623 0 50072 THERESA TRAVIS SR VP ADVANCEMENT 60.00 0.00 X 249277 0 63197 JAYATI GHOSH DEAN SCHOOL OF BUSINESS 40.00 0.00 X 256556 0 37218 ANNE KROUSE DEAN SCHOOL OF NURSING 40.00 0.00 X 242340 0 26857 ERIC BEHRENS VP FOR LIBRARY & INFORMATION SYSTEMS 60.00 0.00 X 211848 0 44944 MICHAEL SLINGER ASSOCIATE DEAN SCHOOL OF LAW 40.00 0.00 X 211603 0 41815 KATHRYN HERSHEDE VP FOR STRATEGIC INITIATIVES 60.00 0.00 X 202781 0 30955 SUSAN GOLDBERG ASSOCIATE DEAN OF STUDENT SERVICES 40.00 0.00 X 211418 0 20124 ANDREW WORKMAN SR VP PROVOST 60.00 0.00 X 148583 0 18148 JOHN H TILELLI JR CHAIRMAN OF THE BOARD 2.00 0.00 X X 0 0 0 PAUL S BEIDEMAN VICE CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 JAMES J MACK III VICE CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 EUGENE D MCGURK JR ESQ SECRETARY OF THE BOARD 2.00 0.00 X X 0 0 0 CYNTHIA H SARNOSKI TREASURER OF THE BOARD 2.00 0.00 X X 0 0 0 JARED BECKER TRUSTEE 2.00 0.00 X 0 0 0 ANTHONY R BRITTON JR TRUSTEE 2.00 0.00 X 0 0 0 BARBARA CHAMBERLAIN RN PHD TRUSTEE 2.00 0.00 X 0 0 0 DOMENIC COLASANTE TRUSTEE 2.00 0.00 X 0 0 0 ANDREW ELIA TRUSTEE 2.00 0.00 X 0 0 0 JAMES J HARGADON TRUSTEE 2.00 0.00 X 0 0 0 JOHN MATTHEW HARTLEY PHD TRUSTEE 2.00 0.00 X 0 0 0 NANCY G HESSE TRUSTEE 2.00 0.00 X 0 0 0 JAMES HIRSCHMANN TRUSTEE 2.00 0.00 X 0 0 0 ANTOINETTE LEATHERBERRY TRUSTEE 2.00 0.00 X 0 0 0 SAMIR MEHTA TRUSTEE 2.00 0.00 X 0 0 0 PATRICK MURPHY ESQ TRUSTEE 2.00 0.00 X 0 0 0 MIGUEL O PENA TRUSTEE 2.00 0.00 X 0 0 0 CATHERINE PULOS TRUSTEE 2.00 0.00 X 0 0 0 LOUIS RODRIGUEZ JR TRUSTEE 2.00 0.00 X 0 0 0 MIN S SUH ESQ TRUSTEE 2.00 0.00 X 0 0 0 RICHARD LP TAN TRUSTEE 2.00 0.00 X 0 0 0 BRIAN P TIERNEY ESQ TRUSTEE 2.00 0.00 X 0 0 0 DOUGLAS M WOLFBERG ESQ TRUSTEE 2.00 0.00 X 0 0 0 3641292 0 623843 171 0 1 0 HSC BUILDERS & CONSTRUCTION 304 NEW MILL LANE EXTON PA 19341 CONSTRUCTION MANAGEMENT 8291752 ARAMARK SERVICES INC ONE UNIVERSITY PLACE CHESTER PA 19013 FOOD SERVICE 6417328 DALE CORPORATION 70 LIMEKILN PIKE GLENSIDE PA 19038 GENERAL CONTRACTORS 2481168 NASON CONSTRUCTION 3411 SILVERSIDE ROAD WILMINGTON DE 19810 CONSTRUCTION MANAGEMENT 1545174 HERMAN GOLDNER 7777 BREWSTER AVE PHILADELPHIA PA 19153 MECHANICAL CONTRACTOR 1378642 93 4500 2043536 7934897 9982933 TUITION/ FEES 611600 211170499 211170499 AUXILIARY ENTERPRISES 721310 17543946 17543946 FEES, PARKING, ETC 900099 1040626 1040626 ATHLETICS INCOME 611710 395351 395351 FEES/CONTRACTS GOVERNMENT AGENCIE 900099 3680 3680 230154102 5610948 101407 5509541 845598 359529 486069 486069 486069 36124835 39831482 -3706647 -3706647 -3706647 7822 4500 69357 -61535 -61535 MISCELLANEOUS 525990 497729 497729 INTEREST FEES ON LOANS 900099 131036 131036 WELLNESS CENTER 713940 420 420 629185 243095055 230154102 101827 2856193 91017540 91017540 2853261 2853261 70839920 63967701 5345409 1526810 5705988 4952954 634815 118219 14524462 12607631 1615906 300925 5189877 4504956 577395 107526 1125236 1125236 103945 103945 79379 79379 14763305 10356517 4057957 348831 1668955 447964 1196802 24189 1651914 1220867 384948 46099 3916682 1435352 2311020 170310 4021999 3959995 60306 1698 1626535 1507947 91124 27464 304320 220955 72923 10442 3849474 3849474 12603875 12603875 1499304 1499304 LIBRARY BOOKS & PERIODI 1750994 1750994 STUDENT, FACULTY & ALUM 1408615 1125008 181153 102454 FEES AND DUES 883938 718501 156461 8976 3670401 2613801 1051236 5364 245059919 220361336 21899276 2799307 49502004 40276811 3622490 5361905 6870794 10149749 1204522 1028766 449772842 234302273 212116505 215470569 79441885 75901824 19863763 18229494 7710193 6254519 380332156 372673637 20786101 16562021 6632255 5825554 10564465 12107839 77385841 75352346 63026193 70254904 178394855 180102664 X 141198579 134203352 60738722 58367621 201937301 192570973 380332156 372673637 X -1964864 -657059 1428190 -8172595 X 0 1 X 1 1 1 X 8041647 7672657 6996368 8925408 9982933 41619013 8041647 7672657 6996368 8925408 9982933 41619013 115529 41503484 7253313 7036279 5902440 7336693 6355139 33883864 1422411 1261510 1104763 1321657 628765 5739106 81241983 1092579710 0.51090 0.48030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2015 AMOUNT: $ 1,422,411. 2016 AMOUNT: $ 1,261,510. 2017 AMOUNT: $ 1,104,763. 2018 AMOUNT: $ 1,321,657. 2019 AMOUNT: $ 628,765. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 900 900 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF PENNSYLVANIA (AICUP). THE ASSOCIATION IS THE ONLY STATEWIDE ORGANIZATION THAT SERVES EXCLUSIVELY THE INTERESTS OF PRIVATE HIGHER EDUCATION WITHIN THE COMMONWEALTH, AND EXISTS TO COMPLEMENT AND SUPPORT THE WORK OF CAMPUS LEADERS. THE FIGURE DISCLOSED ON PART II-B IS EQUAL TO THE PORTION OF DUES PAID BY WIDENER UNIVERSITY THAT WERE USED BY THE ASSOCIATION TO SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"). X X X COMMUNITY ENRICHMENT 0 94623615 279925 -207474 1375993 3148308 90171765 91760452 1724527 6440090 1277786 4023668 94623615 87071306 1033995 7887656 1219400 3013105 91760452 80886359 1207667 10883656 1172402 4733974 87071306 87246742 2565459 -2907195 1141851 4876796 80886359 0.38400 0.56640 0.04960 0 0 19460228 19460228 353224607 167602614 185621993 66426869 57343467 9083402 10661138 9356192 1304946 215470569 ACCRUED POST RETIREMENT BENEFITS 65448203 ASSET RETIREMENT OBLIGATION 3909151 OBLIGATIONS UNDER CAPITAL LEASE 897550 70254904 X 152622808 -931972 420644 -511328 153134136 79379 89881540 89960919 243095055 152983342 -1176946 197288 -979658 153963000 79379 91017540 91096919 245059919 PART III, LINE 1A: THE UNIVERSITY HAS ELECTED PURSUANT TO GENERALLY ACCEPTED ACCOUNTING STANDARDS NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART. THE FOOTNOTE READS "THE UNIVERSITY HOUSES A COLLECTION OF AMERICAN PAINTINGS AND THE ALFRED O. DESHONG COLLECTION OF EUROPEAN PAINTINGS AND ORIENTAL ART OBJECTS AT THE WIDENER UNIVERSITY ART COLLECTION AND GALLERY THAT IT DOES NOT CAPITALIZE. THESE COLLECTIONS ADHERE TO THE UNIVERSITY'S POLICY TO (A) MAINTAIN THEM FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH; AND (B) PROTECT, KEEP UNENCUMBERED, CARE FOR, AND PRESERVE THEM." PART III, LINE 4: LOCATED IN THE UNIVERSITY CENTER, THE WIDENER UNIVERSITY ART COLLECTION AND GALLERY HOUSES THE UNIVERSITY'S DIVERSE COLLECTION OF AMERICAN PAINTINGS AND ALFRED O. DESHONG COLLECTION OF EUROPEAN PAINTINGS AND ORIENTAL ART OBJECTS. IN ADDITION TO THE PERMANENT COLLECTION ON DISPLAY, ROTATING EXHIBITIONS OF CONTEMPORARY ART ARE HELD THROUGHOUT THE YEAR ALONG WITH RECEPTIONS TO MEET THE ARTISTS. THE ART MUSEUM PROVIDES NUMEROUS EDUCATIONAL OPPORTUNITIES TO OUR STUDENTS THROUGH ITS EXISTING COLLECTION AND DIVERSE ROTATING EXHIBITS AND SPECIAL SHOWINGS. IT ALSO PROVIDES CULTURAL ENRICHMENT TO THE FACULTY, STAFF AND SURROUNDING COMMUNITIES AS THE MUSEUM IS FREE AND OPEN TO THE PUBLIC. PART V, LINE 4: ENDOWMENT FUNDING SUPPORTS SCHOLARSHIPS, FACULTY DEVELOPMENT, CHAIRS, AWARDS, THE LIBRARY, AS WELL AS OTHER INITIATIVES. PART X, LINE 2: THE UNIVERSITY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, IT IS SUBJECT TO TAX ONLY ON INCOME FROM ACTIVITIES UNRELATED TO ITS TAX-EXEMPT MISSION. FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE UNIVERSITY GENERATED NO SIGNIFICANT UNRELATED BUSINESS INCOME SUBJECT TO TAX, AND NO PROVISION FOR INCOME TAXES WAS PROVIDED. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 472,760. NET SPECIAL FUNDRAISING EXPENSE -61,676. REVENUE OF AFFILIATE 9,560. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 89,881,540. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 359,529. NET SPECIAL FUNDRAISING EXPENSE -61,676. EXPENSE OF AFFILIATE REPORTED ON A SEPARATE RETURN -100,565. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 89,881,540. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR POLICY IS PUBLISHED IN ALL CATALOGS, PRINTED MATERIALS AND ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6 IN THE NORMAL COURSE OF BUSINESS, THE UNIVERSITY ROUTINELY RECEIVES FUNDING FROM FEDERAL, STATE, AND LOCAL GOVERNMENTS FOR STUDENT FINANCIAL AID. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDENT TRIP 76201 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT TRIP 27671 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 11008082 0 0 0 0 0 0 11111954 0 11111954 1 0 1 0 0 0 PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES OUTSIDE THE U.S. PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 1: THE UNIVERSITY IS INVESTED IN FOREIGN PARTNERSHIPS AND PASS-THROUGH ENTITIES THAT PERIODICALLY INCLUDE ACTIVITY RELATED TO MAKING TRANSFERS TO FOREIGN CORPORATIONS. NO TRANSFERS, SEPARATE OR COMBINED, ROSE TO THE LEVEL OF TRIGGERING A FORM 926 FILING REQUIREMENT. 150TH ANNIVERSARY 5005 5005 4894 2015 HOMECOMING 7317 4500 2817 4000 58448 1 12322 4500 7822 8894 60463 69357 -61535 1 STUDENT FINANCIAL AID/GRANTS/AWARDS 4174 89881540 0 N/A N/A PART I, LINE 2: SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S UNIVERSITY ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION, HOUSING STATUS, AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE UNIVERSITY'S POLICY. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 JULIE E WOLLMAN PHD PRESIDENT 486776 0 50000 0 61343 0 28000 0 64497 0 690616 0 0 0 RODNEY SMOLLA DEAN, DELAWARE LAW 313178 0 0 0 22410 0 28000 0 64616 0 428204 0 0 0 JOSEPH J BAKER SR VP FINANCE & ADMIN 299846 0 30000 0 36512 0 28000 0 23655 0 418013 0 0 0 CHRISTIAN JOHNSON DEAN SCHOOL OF LAW 291600 0 0 0 18598 0 28000 0 25745 0 363943 0 0 0 FRED AKL SR VP PROVOST 258374 0 0 0 38249 0 28000 0 22072 0 346695 0 0 0 THERESA TRAVIS SR VP ADVANCEMENT 227389 0 0 0 21888 0 12773 0 50424 0 312474 0 0 0 JAYATI GHOSH DEAN SCHOOL OF BUSINESS 229219 0 0 0 27337 0 25561 0 11657 0 293774 0 0 0 ANNE KROUSE DEAN SCHOOL OF NURSING 227477 0 0 0 14863 0 15487 0 11370 0 269197 0 0 0 ERIC BEHRENS VP FOR LIBRARY & INFORMATION SYSTEMS 190397 0 10000 0 11451 0 20550 0 24394 0 256792 0 0 0 MICHAEL SLINGER ASSOCIATE DEAN SCHOOL OF LAW 200433 0 0 0 11170 0 20756 0 21059 0 253418 0 0 0 KATHRYN HERSHEDE VP FOR STRATEGIC INITIATIVES 177870 0 5000 0 19911 0 20000 0 10955 0 233736 0 0 0 SUSAN GOLDBERG ASSOCIATE DEAN OF STUDENT SERVICES 201604 0 0 0 9814 0 18043 0 2081 0 231542 0 0 0 ANDREW WORKMAN SR VP PROVOST 134924 0 0 0 13659 0 6563 0 11585 0 166731 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: THE UNIVERSITY MAINTAINS A WRITTEN ACCOUNTABLE POLICY REGARDING THE PAYMENT OR REIMBURSEMENT OF TRAVEL AND ENTERTAINMENT EXPENSES, INCLUDING AIRLINE AND RAIL TRAVEL, COMPANION TRAVEL, INTERNATIONAL TRAVEL, SOCIAL AND HEALTH CLUBS, MAID SERVICE, AND BUSINESS MEALS, MEETINGS AND ENTERTAINMENT. THE UNIVERSITY'S PRESIDENT REVIEWS AND APPROVES THE TRAVEL AND ENTERTAINMENT EXPENSES FOR ALL UNIVERSITY VICE PRESIDENTS. THE UNIVERSITY'S VICE PRESIDENTS REVIEW AND APPROVE THE TRAVEL AND ENTERTAINMENT EXPENSES FOR THEIR RESPECTIVE STAFF. IT IS IMPORTANT TO NOTE THE PRESIDENT'S TRAVEL AND ENTERTAINMENT EXPENSES ARE REVIEWED AND APPROVED BY THE UNIVERSITY'S BOARD CHAIR. HOUSING ALLOWANCE OR RESIDENT FOR PERSONAL USE: THE PRESIDENT OF THE UNIVERSITY IS PROVIDED HOUSING AS REQUIRED AS PART OF THEIR EMPLOYMENT. THE USE OF THE HOUSE IS EXCLUDED FROM INCOME PURSUANT TO INTERNAL REVENUE CODE SECTION 119 (A)(2). THE FAIR RENTAL VALUE OF THE HOUSING IS $35,000. BUSINESS EXPENSES ARE COVERED UNDER THE UNIVERSITY'S TRAVEL AND ENTERTAINMENT POLICY. THE HOUSING ALLOWANCE IS NOT INCLUDED IN TAXABLE INCOME AS THE HOUSING ASSIGNMENT IS REQUIRED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT. PERSONAL SERVICES: OFFICERS AND KEY EMPLOYEES MAY USE A CAR SERVICE FOR EXTENDED TRAVEL IN ORDER TO CONDUCT UNIVERSITY BUSINESS. A PHEFA REVENUE BONDS SERIES 2014 232243852 70917SLC5 2014-09-01 20396446 REFINANCING 0 0 0 B PHEFA REVENUE BONDS SERIES 2013 232243852 70917SHA4 2013-08-01 11555277 DORMITORY 0 0 0 C PHEFA REVENUE BONDS SERIES 2013A 232243852 70917SHW6 2013-11-01 57258483 REFINANCING 0 0 0 A 3646446 20396446 305429 20091017 2014 1 0 1 1 B 11555277 246668 10000318 2015 0 0 1 1 C 10668483 57258483 328764 56929719 2013 1 0 1 1 A 0 0 0 0 0.00000 0.12000 0.12000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.02000 0.02000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 FORM 990, SCHEDULE K, PART I: PHEFA REVENUE BOND, SERIES OF 2014 THE BOND WAS ORIGINALLY ISSUED IN 2014 WITH STAGGERING MATURITY DATES FROM 2015-2034. EACH MATURITY DATE HAS BEEN ASSIGNED A UNIQUE CUSIP NUMBER. FORM 990, SCHEDULE K, PART I: PHEFA REVENUE BOND, SERIES OF 2013 THE BOND WAS ORIGINALLY ISSUED IN 2013 WITH STAGGERING MATURITY DATES FROM 2035-2043. EACH MATURITY DATE HAS BEEN ASSIGNED A UNIQUE CUSIP NUMBER. FORM 990, SCHEDULE K, PART I: PHEFA REVENUE BOND, SERIES OF 2013A THE BOND WAS ORIGINALLY ISSUED IN 2013 WITH STAGGERING MATURITY DATES FROM 2015-2038. EACH MATURITY DATE HAS BEEN ASSIGNED A UNIQUE CUSIP NUMBER. 84001 DISCOUNTED TUITION FINANCIAL AID BRIAN COMMUNICATIONS BRIAN TIERNEY, A WIDENER UNIVERSITY TRUSTEE, OWNS BRIAN COMMUNICATIONS. 134490 ADVERTISING CONTRACT 0 DAN KING SPOUSE OF PRESIDENT 30000 CONSULTING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE, MAY BE CONVENED AT ANY TIME AT THE CALL OF ITS CHAIR, SHALL HAVE AND EXERCISE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF ITS AFFAIRS, TO THE EXTENT PERMITTED BY THE DELAWARE CORPORATION LAW AND THE PENNSYLVANIA CORPORATION NOT-FOR-PROFIT CODE, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE AUTHORITY TO: (1) FILL VACANCIES IN THE BOARD OF TRUSTEES; (2) ADOPT, AMEND OR REPEAL THE BYLAWS; (3) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD; (4) TAKE ANY ACTION ON MATTERS COMMITTED BY THE BYLAWS OR RESOLUTION OF THE BOARD OF TRUSTEES TO ANOTHER COMMITTEE OF THE BOARD; (5) AMEND THE CERTIFICATE OF INCORPORATION; (6) ADOPT AN AGREEMENT OF MERGER OR CONSOLIDATION; (7) RECOMMEND THE SALE, LEASE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE UNIVERSITY'S PROPERTY; (8) RECOMMEND A DISSOLUTION OF THE UNIVERSITY; OR (9) REVOKE DISSOLUTION OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR, VICE CHAIRS, THE TREASURER, THE SECRETARY, THE PRESIDENT OF THE UNIVERSITY, AND THE PAST-CHAIR. ON INVITATION OF THE CHAIR, ANY MEMBER OF THE BOARD MAY ATTEND AN EXECUTIVE COMMITTEE MEETING. FOUR (4) TRUSTEES SHALL CONSTITUTE A QUORUM. A MAJORITY VOTE SHALL BE SUFFICIENT TO TAKE ACTION ON A MOTION. AT THE ANNUAL MEETING IN MAY, THE EXECUTIVE COMMITTEE SHALL DECIDE WHICH CHAIRS OF THE STANDING COMMITTEES WILL ATTEND THE MEETINGS OF THE EXECUTIVE COMMITTEE FOR THE FOLLOWING YEAR. THE GOAL IS TO HAVE THE CHAIR OF EACH STANDING COMMITTEE ATTEND AT LEAST ONE EXECUTIVE COMMITTEE MEETING A YEAR. THE COMMITTEE CHAIRS SHALL HAVE VOTING RIGHTS AT THE STANDING MEETINGS OF THE EXECUTIVE COMMITTEE. IF THE CHAIR FINDS IT NECESSARY TO CALL A SPECIAL MEETING OF THE EXECUTIVE COMMITTEE OR MOVE THE EXECUTIVE COMMITTEE MEETING INTO EXECUTIVE SESSION, THE CHAIR SHALL DECIDE WHICH COMMITTEE CHAIRS SHALL PARTICIPATE. FORM 990, PART VI, SECTION A, LINE 4 THE UNIVERSITY AMENDED ITS BYLAWS IN MAY OF 2020. SIGNIFICANT CHANGES WERE AS FOLLOWS: 1. REFERENCES TO THE PRESIDENT OF THE UNIVERSITY ALUMNI ASSOCIATION'S BOARD APPOINTMENT AND RIGHTS TO SERVE ON THE BOARD HAVE ALL BEEN REMOVED. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE CORPORATION SHALL AUTOMATICALLY BE A MEMBER OF THE BOARD AND HE SHALL SERVE AS A MEMBER OF THE BOARD DURING HIS INCUMBENCY. FORM 990, PART VI, SECTION B, LINE 11B ONCE A DRAFT OF THE IRS FORM 990 IS COMPLETED AND REVIEWED BY OUR INDEPENDENT TAX ADVISORS, IT IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FORM 990 IS NOT FILED UNTIL THE FULL BOARD OF TRUSTEES HAS REVIEWED IT WITH MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS CONFLICT OF INTEREST POLICIES FOR THE BOARD OF TRUSTEES, OFFICERS, KEY EMPLOYEES, FULL-TIME STAFF, AND PART-TIME STAFF INVOLVED IN PURCHASING. THE BOARD OF TRUSTEES COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS, AND THE DISCLOSURE FORMS ARE RECEIVED AND REVIEWED BY THE TRUSTEESHIP COMMITTEE, WHO FORWARD ANY CONFLICTS ON TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR THEIR REVIEW. BOARD OF TRUSTEES MEMBERS WITH CONFLICTS ARE EXPECTED TO ABSTAIN FROM VOTING ON ISSUES FOR THEIR CONFLICT. THE PROCESS, REVIEW, AND REPORTING FOR THE OFFICERS AND KEY EMPLOYEES IS THE SAME AS THE BOARD OF TRUSTEES. ALL FULL-TIME STAFF AND PART-TIME STAFF INVOLVED IN PURCHASING COMPLETE A DISCLOSURE FORM ANNUALLY, AND THESE ARE COLLECTED AND REVIEWED BY THE EXECUTIVE DIRECTOR OF HUMAN RESOURCES. THIS INDIVIDUAL THEN REPORTS THE FINDINGS TO THE SENIOR VICE PRESIDENT-ADMINISTRATION & FINANCE AND THE PRESIDENT OF THE UNIVERSITY. A REPORT IS THEN MADE BY THE SENIOR VICE PRESIDENT-ADMINISTRATION & FINANCE TO THE FINANCE AND ADMINISTRATION COMMITTEE OF THE BOARD, WHICH THEN REPORTS THE FINDINGS TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF WIDENER UNIVERSITY AND ITS BOARD OF TRUSTEES (BOARD) TO COMPENSATE ITS EXECUTIVES IN ACCORDANCE WITH THE MARKET AND IN RELATION TO EXPERIENCE, SERVICE AND ACCOMPLISHMENT BOTH PRIOR TO, AND DURING, THEIR SERVICE TO THE UNIVERSITY. THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ACT AS THE UNIVERSITY COMPENSATION COMMITTEE AND THEN PRESENT THE COMPENSATION DATA OF ALL DISQUALIFIED PERSONS TO THE BOARD OF TRUSTEES. THE BOARD'S USE OF COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) AND SIMILAR INDICES IS FOR GUIDANCE PURPOSES, TAKING INTO CONSIDERATION THAT THE POSITIONS REPORTED THEREIN ARE NOT, IN MANY INSTANCES, EQUIVALENT TO THE EXECUTIVE POSITIONS AT THE UNIVERSITY. THUS, WHEN AN INDIVIDUAL EXECUTIVE ACQUIRES ADDITIONAL RESPONSIBILITIES ABOVE AND BEYOND THOSE TRADITIONALLY ASSOCIATED WITH THE GENERAL CATEGORY SET FORTH IN THE COMPARATIVE INDICES, THE BOARD MAY CONSIDER AND AWARD APPROPRIATE COMPENSATION. EXCEPTIONS TO THIS POLICY CAN OCCUR WHERE SPECIAL EXPERTISE, ACCOMPLISHMENT OR EXPERIENCES ARE REQUIRED IN A PARTICULAR POSITION OR AN URGENT NEED HAS ARISEN JUSTIFYING, IN THE BOARD'S ANALYSIS, COMPENSATION AT A LEVEL IN EXCESS OF THE POLICY RANGE ADOPTED BY THE BOARD. WHEN SUCH EXCEPTIONS ARISE, THE BOARD SHALL SET FORTH A STATEMENT OF THEIR REASONING SUPPORTING THE DEPARTURE FROM THE ESTABLISHED EXECUTIVE COMPENSATION POLICY. FINALLY, THE BOARD, IN EVERY THIRD YEAR, WILL ENGAGE AN OUTSIDE CONSULTANT TO VERIFY THAT TOTAL COMPENSATION PAID TO THE EXECUTIVES OF THE UNIVERSITY IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES AVAILABLE TO THE PUBLIC ON ITS WEBSITE THE UNIVERSITY'S ARTICLES OF INCORPORATION, THE CONFLICT OF INTEREST POLICY, THE EXECUTIVE COMPENSATION POLICY, THE FORM 990, THE FORM 990-T AND THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: CHANGE IN PENSION -8,172,595. THE NEUROPSYCHOLOGY ASSESSMENT CENTER ONE UNIVERSITY PLACE CHESTER PA 19013 421682886 EDUCATION PA 501(C)(3) LINE 12A, I WIDENER UNIVERSITY 1 THE WIDENER PARTNERSHIP CHARTER SCHOOL ONE UNIVERSITY PLACE CHESTER PA 19013 421705892 SCHOOL PA 501(C)(3) LINE 2 WIDENER UNIVERSITY 1 ACNP CORPORATION ONE UNIVERSITY PLACE CHESTER PA 19013 232540747 RESTAURANT PA WIDENER UNIVERSITY C 14895 55160 1.00000 1 PROVIDENCE ENTERPRISES INC ONE UNIVERSITY PLACE CHESTER PA 19013 510260604 INACTIVE PA WIDENER UNIVERSITY C 1.00000 1 PIONEER PUB OF WIDENER INC ONE UNIVERSITY PLACE CHESTER PA 19013 232777365 REAL ESTATE PA WIDENER UNIVERSITY C 648685 1.00000 1 CARES TWENTY ONE SRL ONE UNIVERSITY PLACE CHESTER PA 19013 REAL ESTATE CS PIONEER PUB OF WIDENER INC C 734249 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 THE WIDENER PARTNERSHIP CHARTER SCHOOL J 700000 CONTRACT PRICE THE WIDENER PARTNERSHIP CHARTER SCHOOL L 118677 CONTRACT PRICE THE WIDENER PARTNERSHIP CHARTER SCHOOL Q 5726323 CONTRACT PRICE THE NEUROPSYCHOLOGY ASSESSMENT CENTER Q 144313 CONTRACT PRICE SCHEDULE R, PART V, LINE 1N: THE UNIVERSITY SHARES ITS FACILITIES WITH NEUROPSYCHOLOGY ASSESSMENT CENTER AT WIDENER UNIVERSITY.