2020-12-10T09:43:09-06:00 2020-06-30 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2019-07-01 910570848 JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE JMPE 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 CHRISTINE COTE PRESIDENT 5094530374 2020-12-09 1 EMINA O CRESSWELL CPA P01217304 5092487750 2020-12-09 2019 2022-09-23 18:48:47Z CHRISTINE COTE 2011 W WASHINGTON AVE YAKIMA WA 98903 18761145 0 X WWW.PERRYTECH.EDU X 1939 WA TO EDUCATE, EMPOWER AND EQUIP STUDENTS FOR LIFELONG CAREERS IN INDUSTRY. 3 3 225 200 0 0 501676 1495796 14219746 14195457 552615 559378 141023 119119 15415060 16369750 180447 1210178 0 0 8995424 9080794 0 0 0 4696003 4743151 13871874 15034123 1543186 1335627 45413790 47086015 8305508 8536237 37108282 38549778 TO FULFILL THE DEMAND FOR HIGHLY SKILLED PROFESSIONALS AS A NATIONALLY RECOGNIZED INSTITUTION KNOWN FOR OUR UNIQUE AND RELEVANT CAREER TRAINING. 0 0 10905230 1210178 14312176 PERRY TECHNICAL INSTITUTE SERVES THE NEEDS OF A VARIETY OF INDUSTRIES BY EQUIPPING STUDENTS WITH STRONG TECHNICAL SKILLS AND POSITIVE WORK HABITS. FACULTY MEMBERS WITH EXTENSIVE EXPERIENCE IN INDUSTRY PROVIDE SPECIALIZED CLASSROOM INSTRUCTION AND HANDS-ON LAB EXPERIENCES. OVER 700 STUDENTS ARE ENROLLED IN PERRY'S 13 TRAINING PROGRAMS. PTI'S RETENTION RATE IS 87% AND THE JOB PLACEMENT RATE IS 90%. IN 2016, PERRY COMPLETED THE REACCREDIDATION PROCESS, RESULTING IN FULL ACCREDIDATION WITH NO FINDINGS. 10905230 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 67 0 1 225 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CATHY STERBENZ VP OF FINANCE AND A 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 TERRY SCHMALZ TRUSTEE 2.00 X 0 0 0 CURTIS KING TRUSTEE 2.00 X 0 0 0 JAKE JUNDT TRUSTEE 2.00 X 0 0 0 CHRISTINE COTE PRESIDENT 40.00 1.00 X 208679 0 18899 CATHY STERBENZ VP OF FINANCE AND ADMIN 40.00 1.00 X 122934 0 15318 NATHAN HULL DEAN OF EDUCATION 40.00 X 116098 0 14667 RON ZIKE INSTRUCTOR 40.00 X 102553 0 13980 550264 0 62864 4 0 1 0 CONCORD CONSTRUCTION INC 8557 LATERAL B ROAD WAPATO WA 98951 CONSTRUCTION 320744 JENZABAR INC PO BOX 55018 BOSTON MA 02205 SOFTWARE 182694 CCM FLOOR CARE 5517 E MALLON AVE SPOKANE VALLEY WA 99212 CONSTRUCTION 106466 3 121943 1278108 95745 95745 1495796 TUITION 611519 14068266 14068266 WORK ORDERS 611519 101689 101689 CONTINUING EDUCATION 611519 25502 25502 14195457 553786 553786 2400 0 2400 2400 2400 2131141 37605 2150994 12160 -19853 25445 5592 5592 268626 228241 40385 40385 REFUNDS RECEIVED 900099 50186 50186 COMMISSION SALES INCOME 611519 10458 10458 15690 15690 76334 16369750 14312176 0 561778 252328 252328 957850 957850 382342 382342 6646033 5246855 1399178 313357 252032 61325 1156738 829901 326837 582324 440032 142292 4425 4425 92843 92843 366614 30583 336031 179389 23877 155512 210791 28882 181909 300737 55086 245651 51495 40663 10832 42085 15647 26438 167314 167314 1230664 1034479 196185 SUPPLIES 961693 834283 127410 BUILDING COSTS 592631 503736 88895 CARES GRANTS 320258 320258 PERKINS LIQUIDATION 106122 106122 116090 38738 77352 15034123 10905230 4128893 0 3271714 6264296 2291553 2015798 2950215 1344710 82104 81760 176516 170005 34815996 14722795 19453384 20093201 16165772 16189514 1022532 926731 45413790 47086015 1126660 1593625 2870712 2591605 582293 869963 3725843 3481044 8305508 8536237 X 36970279 38549778 138003 0 37108282 38549778 45413790 47086015 1335627 105289 580 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6626199 187198 312479 6500918 6488381 25000 407864 295046 6626199 6516389 315520 343528 6488381 6260204 588964 309823 22956 6516389 6412430 126488 258187 20527 6260204 0.00000 0.87000 0.13000 0 1 1 92056 92056 29682546 11838994 17843552 4112910 2883801 1229109 928484 928484 20093201 UNEARNED TUITION 3481044 3481044 X PART V, LINE 4: ENDOWMENT FUNDS RAISE FUNDS FOR SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS AND TO ASSURE THE LONG TERM STABILITY AND EXISTENCE OF PERRY TECHNICAL INSTITUTE. PART X, LINE 2: PERRY TECHINCAL INSTITUTE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME TAX UNDER SECTIONS 511 THROUGH 515. IN ACCORDANCE WITH REQUIREMENTS RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS, THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTIONS. IN ADDITION, THE INSTITUTE HAS NO MATERIAL UNRELATED BUSINESS INCOME SUBJECT TO TAX AT JUNE 30, 2020 AND 2019. 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 STUDENT SOLICITATION CONTAINS THE NON-DISCRIMINATORY POLICY OF THE INSTITUTE. SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL STUDENT FINANCIAL AID FOR THE DIRECT BENEFIT OF QUALIFIED STUDENTS. 0 PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON AVE YAKIMA WA 98903 943188041 501(C)(3) 252328 TO PROVIDE FUNDS FOR PROGRAM MANAGEMENT. 1 0 HEERF STUDENT PORTION 690 957850 SCHEDULE I, PART II: THE FUNDS ARE PROVIDED TO THE RELATED FOUNDATION AND THEREFORE ALL FUNDS ARE USED IN THE US. X 0 0 0 0 0 0 0 1 0 CHRISTINE COTE PRESIDENT 173679 0 35000 0 0 0 11252 0 7647 0 227578 0 0 0 PART I, LINE 7 ON AN ANNUAL BASIS THE PRESIDENT IS AWARDED A BONUS. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE BONUS FOR THE PRESIDENT. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 2007-10-26 5000000 FOR CONSTRUCTION OF AN EDUCATIONAL FACILITY 0 0 0 A 2408395 4265549 4265549 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, SCHEDULE K, PART II, LINE 3 THE AMOUNT LISTED ON PART II, LINE 3, TOTAL PROCEEDS OF ISSUE IS DIFFERENT FROM PART I, COLUMN E, ISSUE PRICE DUE TO $734,451 OF PRINCIPAL PAYMENTS MADE ON THE BOND. X 7 17545 FAIR MARKET VALUE X PROGRAM EQUIPMENT 15 78200 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AT A TRUSTEE MEETING BEFORE THE FORM WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED ANNUALLY. MANAGEMENT PROVIDES THE POLICY TO EMPLOYEES TO COMMUNICATE ITS IMPORTANCE AND ADDRESS ANY ISSUES THAT MAY ARISE. IF AN ISSUE IS NOTED, THAT PERSON IS EXCUSED FROM CONVERSATIONS AND DECISIONS THAT MAY BE IMPACTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE WASHINGTON STATE AND FEDERAL WAGE DATABASES, AS WELL AS THE PUBLIC INFORMATION ON WAGES FROM STATE COLLEGES, TO DETERMINE APPROPRIATE WAGE LEVELS FOR ALL EMPLOYEES EXCEPT THE PRESIDENT. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE COMPENSATION FOR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON AVE YAKIMA WA 98903 943188041 TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE WA 501(C)(3) LINE 12B, II JM PERRY INSTITUTE OF TRADES INDUSTRIES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS NAME OF RELATED ORGANIZATION: PERRY TECHNICAL FOUNDATION PRIMARY ACTIVITY: TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS DIRECT CONTROLLING ENTITY: J.M. PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE