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ALBRIGHT COLLEGE: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ALBRIGHT COLLEGE (EIN 23-1352615)
Tax period
2018-06-01 to 2019-05-31
Filed
2020-04-15
IRS object ID
202011069349301111
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-04-15T11:04:01-05:00ReturnTs
Tax Period End2019-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY VIRCHOW KRAUSE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11570 FRUITVILLE PIKE SUITE 400AddressLine1Txt
CityLANCASTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17601ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352615EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALBRIGHT COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALBRBusinessNameControlTxt
Phone6109217749PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113TH BERN STREETS PO BOX 15234AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196125234ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY L STRADERPersonNm
Person TitleACTING VP, FIN./STRAT. PTNERSPPersonTitleTxt
Phone6109217749PhoneNum
Signature2020-04-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKERRI N BOGDA CPAPreparerPersonNm
PTINP00760402PTIN
Phone7177404863PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address73.187.220.225IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-04-15IPDt
IP Tm09:29:24IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6C9B1A35775087DBDB8A6D25ECA509C7F6C27838AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJACQUELYN S FETROWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113TH BERN STREETS PO BOX 15234AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196125234ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$124,886,693GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ALBRIGHT.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1928FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionPROMOTING A COMMITMENT TO LIFELONG LEARNING WITH A FOUNDATION IN THE LIBERAL ARTS.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee1156TotalEmployeeCnt
Total Volunteers125TotalVolunteersCnt
Total Gross UBI$853,227TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,383,443PYContributionsGrantsAmt
CY Contributions Grants$8,738,000CYContributionsGrantsAmt
PY Program Service Revenue$85,176,132PYProgramServiceRevenueAmt
CY Program Service Revenue$86,643,304CYProgramServiceRevenueAmt
PY Investment Income$2,879,668PYInvestmentIncomeAmt
CY Investment Income$9,181,289CYInvestmentIncomeAmt
PY Other Revenue$2,282,552PYOtherRevenueAmt
CY Other Revenue$2,659,280CYOtherRevenueAmt
PY Total Revenue$93,721,795PYTotalRevenueAmt
CY Total Revenue$107,221,873CYTotalRevenueAmt
PY Grants And Similar Paid$44,006,029PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$48,430,821CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$27,980,821PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$26,342,515CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,619,156CYTotalFundraisingExpenseAmt
PY Other Expenses$24,525,686PYOtherExpensesAmt
CY Other Expenses$24,320,894CYOtherExpensesAmt
PY Total Expenses$96,512,536PYTotalExpensesAmt
CY Total Expenses$99,094,230CYTotalExpensesAmt
PY Revenues Less Expenses-$2,790,741PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,127,643CYRevenuesLessExpensesAmt
Total Assets BOY$179,209,101TotalAssetsBOYAmt
Total Assets EOY$178,505,534TotalAssetsEOYAmt
Total Liabilities BOY$53,954,633TotalLiabilitiesBOYAmt
Total Liabilities EOY$53,433,888TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$125,254,468NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$125,071,646NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS TO INSPIRE AND EDUCATE THE SCHOLAR AND LEADER IN EACH STUDENT, BUILDING ON A STRONG FOUNDATION IN THE LIBERAL ARTS AND A COMMITMENT TO THE BEST OF HUMAN VALUES, FOSTERING A COMMITMENT TO A LIFETIME OF SERVICE AND LEARNING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$86,465,738ExpenseAmt
Grant$48,430,821GrantAmt
Revenue$86,698,154RevenueAmt
DescFOUNDED IN 1856, ALBRIGHT COLLEGE OFFERS PROGRAMS FOR BOTH TRADITIONAL UNDERGRADUATE STUDENTS AND POST-TRADITIONAL ADULT LEARNERS. STUDENTS AT ALBRIGHT ARE ENCOURAGED TO CROSS INTELLECTUAL AND CULTURAL BOUNDARIES, AND TO TAILOR THEIR OWN PATHS WITHIN A VIBRANT, ACTIVE, AND DIVERSE CAMPUS COMMUNITY. A COMBINATION OF CLOSE FACULTY MENTORSHIP, A FLEXIBLE, ADAPTABLE CURRICULUM, AND REAL-WORLD LEARNING ALLOWS STUDENTS TO EXPLORE CREATIVE SOLUTIONS, UNDERSTAND THE WORLD'S INCREASING INTERCONNECTEDNESS, AND DISCOVER NEW IDEAS, NEW SKILLS, AND NEW OUTLOOKS. AT ITS CORE, ALBRIGHT IS A LIBERAL ARTS COLLEGE, DEVELOPING IN STUDENTS THE SKILLS THAT EMPLOYERS SEEK MOST - THE ABILITY TO ADAPT WELL TO CHANGE, COMMUNICATE EFFECTIVELY, THINK CRITICALLY AND ANALYTICALLY, INTERACT CONSTRUCTIVELY WITH OTHERS, AND VIEW PROBLEMS FROM MULTIPLE PERSPECTIVES. GRADUATES FIND THAT AN ALBRIGHT EDUCATION CULTIVATES AND HONES THE VERY TOOLS THEY NEED FOR A LIFETIME OF SUCCESS, NO MATTER WHAT ROAD THEY TRAVEL OR HOW MANY TURNS IT TAKES. OUR GRADUATES INDICATE VERY HIGH ENGAGEMENT AND PARTICIPATION WITH ACTIVITIES THAT THE GALLUP ORGANIZATION HAS ASSOCIATED WITH LONG-TERM SUCCESS.ALBRIGHT HAS AGAIN BEEN NAMED ONE OF THE BEST SCHOOLS IN THE NORTHEAST BY THE PRINCETON REVIEW. ALBRIGHT HAS A DISTINGUISHED HISTORY OF LEADERSHIP IN UNDERGRADUATE SCIENCE EDUCATION, PREMEDICAL STUDY, AND PREPARATION FOR CAREERS IN HEALTH SERVICES, AND HAS BEEN RECOGNIZED AS ONE OF THE 25 BEST COLLEGES IN THE NATION FOR ARTISTIC STUDENTS. THE COLLEGE IS NAMED ONE OF THE NATION'S TOP PRIVATE FASHION DESIGN AND FASHION MERCHANDISING SCHOOLS, OFFERING A PROGRAM THAT ALLOWS ACADEMICALLY STRONG, MOTIVATED STUDENTS TO COMPLETE A FASHION MERCHANDISING DEGREE IN JUST THREE YEARS.OVER 51 PERCENT OF GRADUATES EXERCISED THE CREATIVE OPTIONS WITHIN ALBRIGHT'S FLEXIBLE CURRICULUM AND PURSUED AN INTERDISCIPLINARY MAJOR, A DOUBLE MAJOR OR MAJOR/MINOR COMBINATION. ON AVERAGE, OVER THE PAST THREE YEARS, OVER 85 PERCENT OF OUR GRADUATES WERE EITHER EMPLOYED OR CONTINUING THEIR EDUCATION WITHIN SIX MONTHS AFTER GRADUATION. ALBRIGHT'S HISTORICALLY STRONG PLACEMENT RATES INTO HEALTH PROFESSION SCHOOLS OF MEDICINE, DENTISTRY, VETERINARY, AND OPTOMETRY CONTINUE. ALBRIGHT'S SCHOOL OF PROFESSIONAL STUDIES OFFERS OPTIONS FOR POST-TRADITIONAL LEARNERS SEEKING ACCELERATED BACHELOR'S DEGREES AT VARIOUS LOCATIONS THROUGHOUT PENNSYLVANIA. THE SCHOOL OF PROFESSIONAL STUDIES ALSO OFFERS A MASTER'S DEGREE IN EDUCATION AND AN ONLINE ADDICTION STUDIES MINOR AND CERTIFICATE PROGRAM. THE ADDICTION STUDIES PROGRAM FULFILLS THE EDUCATIONAL REQUIREMENTS NEEDED TO BECOME CERTIFIED AS AN ALCOHOL AND DRUG COUNSELOR (CADC), OR ASSOCIATE ADDICTION COUNSELOR (AAC) BY THE PENNSYLVANIA CERTIFICATION BOARD.THIS PAST YEAR, APPROXIMATELY 1,625 FULL-TIME STUDENTS REPRESENTING 27 STATES AND 15 COUNTRIES WERE ENROLLED IN ALBRIGHT'S TRADITIONAL UNDERGRADUATE PROGRAM. APPROXIMATELY 281 NON-TRADITIONAL STUDENTS WERE ENROLLED IN COURSES OFFERED BY THE SCHOOL OF PROFESSIONAL STUDIES.Desc
Total Program Service Expenses$86,465,738TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2742IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1156EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryGKForeignCountryCd
Foreign CountryCSForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICK MELCHER ASSOC VPCONTROLLERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6109217749PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113TH BERN STREETS PO BOX 15234AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196125234ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (48 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEFFREY J JOYCE
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
KATHLEEN C HITTNER MD
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ROSS D MILLER ESQ
SECRETARY1.00Yes (X)Yes (X)$0$0$0
TED C ABRAMS
TRUSTEE1.00Yes (X)$0$0$0
TIFFENIA D ARCHIE
TRUSTEE1.00Yes (X)$0$0$0
THOMAS A CHAVES
TRUSTEE1.00Yes (X)$0$0$0
TERRENCE R CURTIN
TRUSTEE1.00Yes (X)$0$0$0
NANETTE F CUTRONA
TRUSTEE (THRU 4/19)1.00Yes (X)$0$0$0
DWIGHT DAVIS
TRUSTEE1.00Yes (X)$0$0$0
JACQUELYN S FETROW PHD
PRESIDENT39.75Yes (X)Yes (X)$326,298$0$69,3720.25
ROBERT M FORD
TRUSTEE1.00Yes (X)$0$0$0
MARK T GALLAGHER ESQ
TRUSTEE1.00Yes (X)$0$0$0
KATHLEEN J GRANT MD
TRUSTEE1.00Yes (X)$0$0$0
JEFFREY W GRIFFITHS
TRUSTEE1.00Yes (X)$0$0$0
JOSEPHINE A GRUBER
TRUSTEE1.00Yes (X)$0$0$0
DANIEL B HUYETT ESQ
TRUSTEE1.00Yes (X)$0$0$0
ROBIN M HYNICKA
TRUSTEE1.00Yes (X)$0$0$0
SCOTT KEATON CPA
TRUSTEE1.00Yes (X)$0$0$0
KENNETH S LAKIN
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL D LISS CPA
TRUSTEE1.00Yes (X)$0$0$0
JOHN P MCALLISTER
TRUSTEE1.00Yes (X)$0$0$0
WC JACK MILLER
TRUSTEE1.00Yes (X)$0$0$0
DAVID A MINK
TRUSTEE (THRU 7/18)1.00Yes (X)$0$0$0
SHARON P MINNICH
TRUSTEE (THRU 1/19)1.00Yes (X)$0$0$0
WILLIAM M MURRAY
TRUSTEE1.00Yes (X)$0$0$0
CHARLES J PHILLIPS ESQ
TRUSTEE1.00Yes (X)$0$0$0
JEANETTE C ROBERTS PHD
TRUSTEE1.00Yes (X)$0$0$0
RONALD SCHEESE
TRUSTEE1.00Yes (X)$0$0$0
JORGE J SCHEIRER MD
TRUSTEE1.00Yes (X)$0$0$0
JOHN SCHULTZ ESQ
TRUSTEE1.00Yes (X)$0$0$0
SHERRY K SIDHU
TRUSTEE (THRU 7/18)1.00Yes (X)$0$0$0
CHARNITA ZEIGLER-JOHNSON PHD
TRUSTEE1.00Yes (X)$0$0$0
CHRISTY AGNESE
INTERIM VP, ADVANCEMENT40.00Yes (X)$125,757$0$18,872
KAREN CAMPBELL
PROVOST/VP ACAD. AFF (AS OF 3/18)40.00Yes (X)$123,489$0$17,305
PAUL CRAMER
VP - ENROLLMENT & ADM (THRU 6/18)40.00Yes (X)$164,954$0$20,525
RICHARD FERRY
CO-DIR., ATHLETICS (AS OF 11/18)40.00Yes (X)$74,591$0$26,021
GREGORY FULMER
VP-ADMIN & FINANCE35.00Yes (X)$164,664$0$37,0665.00
CHRISTOPHER HANLON
INTERIM VP, ADMISSIONS (AS OF 7/18)40.00Yes (X)$85,145$0$22,682
JANICE LUCK
CO-DIR., ATHLETICS (AS OF 11/18)40.00Yes (X)$75,252$0$15,081
MARY MCGEE
PROVOST/VP ACAD. AFF (THRU 8/18)40.00Yes (X)$137,551$0$18,540
RASHMI RADHAKRISHNAN
VP - DIG. STRAT. & INFRASTRUCTURE40.00Yes (X)$133,559$0$11,167
JENNIFER STOUDT
ACTING VP FOR COMM.40.00Yes (X)$87,667$0$15,914
SAMANTHA WESNER
VP-STUD. & CAMP. LIFE40.00Yes (X)$109,547$0$17,955
DANIEL J FALABELLA
PROF. OF COMPUTER SCIENCE40.00$125,631$0$16,564Yes (X)
BRENDA INGRAM-WALLACE
ASSOC. PROF. OF PSYCH.40.00$112,137$0$17,952Yes (X)
RICK MELCHER
ASSOC. VP. CONTROLLER'S OFF.40.00$108,661$0$17,825Yes (X)
JOSEPH THOMAS
ASSOC. PROVOST/DEAN FOR ACAD. AFF.40.00$110,430$0$17,726Yes (X)
RODNEY WARFIELD
PROF. OF EDUCATION40.00$126,618$0$16,947Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,191,951TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$377,514TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K15IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARAMARK CORPORATION
131 S DEARBORN 6TH FLCHICAGOIL60603FOOD SVC PROVIDER$4,432,111
MICHAEL L LEPERA
504 ELM AVENUEREADINGPA196052313CONSTRUCTION SVCS$627,274
EAB GLOBAL INC
PO BOX 603519CHARLOTTENC282603519RECRUITING SERVICE$438,249
INTEGRAONE
7248 TILGHMAN STREETALLENTOWNPA18106IT SERVICES$395,110
PERROTTO BUILDERS LTD
100 HILL STREETCONESTOGAPA17516CONSTRUCTION SVCS$244,951
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K20CntrctRcvdGreaterThan100KCnt
Fundraising$93,550FundraisingAmt
Government Grants$1,914,948GovernmentGrantsAmt
All Other Contributions$6,729,502AllOtherContributionsAmt
Noncash Contributions$46,578NoncashContributionsAmt
Total Contributions$8,738,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611710$73,882,071$73,882,071
AUX ENT - ROOM AND BOARD721310$12,293,892$12,293,892
AUX ENT - OTHER PROGRAM INCOME900099$467,341$467,341
FieldValueIRS element (for citing)
Total Program Service Revenue$86,643,304TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,590,757TotalRevenueColumnAmt
Unrelated Business Revenue$28,026UnrelatedBusinessRevenueAmt
Exclusion$2,562,731ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,305TotalRevenueColumnAmt
Exclusion$17,305ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$502,022TotalRevenueColumnAmt
Exclusion$502,022ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$431,181RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$91,675RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$339,506RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$339,506TotalRevenueColumnAmt
Unrelated Business Revenue$62,516UnrelatedBusinessRevenueAmt
Exclusion$276,990ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$24,125,602SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$17,552,375SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,573,227SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,573,227TotalRevenueColumnAmt
Exclusion$6,573,227ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$54,879FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$93,550ContriRptFundraisingEventAmt
Fundraising Direct Expenses$20,770FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,109TotalRevenueColumnAmt
Exclusion$34,109ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
CONFERENCES812900$378,959$378,959
ATHLETICS AND AQUATICS PROG900099$264,152$256,537$7,615
FOOD SERVICE900099$153,269$153,269

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$987,263TotalRevenueColumnAmt
Related Or Exempt Func Income$47,235RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$127,189UnrelatedBusinessRevenueAmt
Exclusion$812,839ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,783,643OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$107,221,873TotalRevenueColumnAmt
Related Or Exempt Func Income$86,698,154RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$853,227UnrelatedBusinessRevenueAmt
Exclusion$10,932,492ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$48,430,821TotalAmt
Program Services$48,430,821ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,745,238TotalAmt
Program Services$694,070ProgramServicesAmt
Management And General$967,007ManagementAndGeneralAmt
Fundraising$84,161FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$18,722,519TotalAmt
Program Services$13,218,605ProgramServicesAmt
Management And General$4,721,690ManagementAndGeneralAmt
Fundraising$782,224FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$925,587TotalAmt
Program Services$655,421ProgramServicesAmt
Management And General$232,076ManagementAndGeneralAmt
Fundraising$38,090FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,471,143TotalAmt
Program Services$2,405,155ProgramServicesAmt
Management And General$921,116ManagementAndGeneralAmt
Fundraising$144,872FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,478,028TotalAmt
Program Services$1,008,946ProgramServicesAmt
Management And General$406,705ManagementAndGeneralAmt
Fundraising$62,377FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$111,455TotalAmt
Management And General$111,455ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$94,359TotalAmt
Management And General$94,359ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$124,125TotalAmt
Management And General$124,125ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,375,908TotalAmt
Program Services$521,170ProgramServicesAmt
Management And General$701,400ManagementAndGeneralAmt
Fundraising$153,338FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$346,629TotalAmt
Program Services$271,468ProgramServicesAmt
Management And General$75,161ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$641,056TotalAmt
Program Services$337,309ProgramServicesAmt
Management And General$244,761ManagementAndGeneralAmt
Fundraising$58,986FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$501,810TotalAmt
Program Services$300,710ProgramServicesAmt
Management And General$201,050ManagementAndGeneralAmt
Fundraising$50FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$3,460TotalAmt
Program Services$3,460ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,410,631TotalAmt
Program Services$3,333,728ProgramServicesAmt
Management And General$63,481ManagementAndGeneralAmt
Fundraising$13,422FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$643,795TotalAmt
Program Services$535,453ProgramServicesAmt
Management And General$76,999ManagementAndGeneralAmt
Fundraising$31,343FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$52,210TotalAmt
Program Services$28,965ProgramServicesAmt
Management And General$23,245ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,079,340TotalAmt
Program Services$1,003,894ProgramServicesAmt
Management And General$62,278ManagementAndGeneralAmt
Fundraising$13,168FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,300,539TotalAmt
Program Services$5,860,131ProgramServicesAmt
Management And General$363,541ManagementAndGeneralAmt
Fundraising$76,867FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$734,131TotalAmt
Program Services$689,737ProgramServicesAmt
Management And General$36,646ManagementAndGeneralAmt
Fundraising$7,748FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICES$3,307,139$3,307,139
EMPL./STUDENT EXPENSES$1,553,641$756,822$769,872$26,947
RECRUITMENT$642,982$642,982
BOOKS, PERIODICALS, ETC$336,458$335,999$459

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,061,226TotalAmt
Program Services$2,123,753ProgramServicesAmt
Management And General$811,910ManagementAndGeneralAmt
Fundraising$125,563FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$99,094,230TotalAmt
Program Services$86,465,738ProgramServicesAmt
Management And General$11,009,336ManagementAndGeneralAmt
Fundraising$1,619,156FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$72,260BOYAmt
EOY$117,909EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,143,406BOYAmt
EOY$10,522,185EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,964,369BOYAmt
EOY$2,589,079EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$779,149BOYAmt
EOY$416,415EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$8,259,661BOYAmt
EOY$7,048,863EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$147,166BOYAmt
EOY$240,583EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,929,527BOYAmt
EOY$1,446,264EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$177,820,288LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$95,973,641LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$82,753,405BOYAmt
EOY$81,846,647EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$48,205,793BOYAmt
EOY$48,689,001EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$10,891,607BOYAmt
EOY$10,673,014EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$16,062,758BOYAmt
EOY$14,915,574EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$179,209,101BOYAmt
EOY$178,505,534EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,563,476BOYAmt
EOY$5,979,057EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,614,377BOYAmt
EOY$2,652,942EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,916,556BOYAmt
EOY$1,517,704EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$38,493,934BOYAmt
EOY$39,931,025EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,366,290BOYAmt
EOY$3,353,160EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$53,954,633BOYAmt
EOY$53,433,888EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$52,394,862BOYAmt
EOY$51,242,474EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$33,093,678BOYAmt
EOY$31,340,443EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,765,928BOYAmt
EOY$42,488,729EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$125,254,468BOYAmt
EOY$125,071,646EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$179,209,101BOYAmt
EOY$178,505,534EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$8,127,643ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$8,150,004NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$160,461OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,232,006CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,297,997CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,853,568CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,383,443CurrentTaxYearMinus1YearAmt
Current Tax Year$8,738,000CurrentTaxYearAmt
Total$33,505,014TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,232,006CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,297,997CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,853,568CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,383,443CurrentTaxYearMinus1YearAmt
Current Tax Year$8,738,000CurrentTaxYearAmt
Total$33,505,014TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,409,710SubstantialContributorsTotAmt
Public Support Total170$29,095,304PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,884,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,941,118CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,985,494CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,312,419CurrentTaxYearMinus1YearAmt
Current Tax Year$3,395,005CurrentTaxYearAmt
Total$11,518,098TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$368,357CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$427,584CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$479,836CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$557,329CurrentTaxYearMinus1YearAmt
Current Tax Year$966,108CurrentTaxYearAmt
Total$2,799,214TotalAmt
FieldValueIRS element (for citing)
Total Support$47,822,326TotalSupportAmt
Gross Receipts Rltd Activities$433,436,045GrossReceiptsRltdActivitiesAmt
Public Support CY1700.60840PublicSupportCY170Pct
Public Support PY1700.64370PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$5,000RevenuesIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$57,545,229BeginningYearBalanceAmt
Contributions$4,141,433ContributionsAmt
Investment Earnings Or Losses$685,727InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,743,264GrantsOrScholarshipsAmt
Other Expenditures$1,764,040OtherExpendituresAmt
End Year Balance$58,865,085EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$56,513,049BeginningYearBalanceAmt
Contributions$355,679ContributionsAmt
Investment Earnings Or Losses$3,643,251InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,442,151GrantsOrScholarshipsAmt
Other Expenditures$1,524,599OtherExpendituresAmt
End Year Balance$57,545,229EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$51,950,077BeginningYearBalanceAmt
Contributions$923,444ContributionsAmt
Investment Earnings Or Losses$6,127,416InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,204,612GrantsOrScholarshipsAmt
Other Expenditures$1,178,214OtherExpendituresAmt
Administrative Expenses$105,062AdministrativeExpensesAmt
End Year Balance$56,513,049EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,034,823BeginningYearBalanceAmt
Contributions$731,297ContributionsAmt
Investment Earnings Or Losses-$1,180,385InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,339,241GrantsOrScholarshipsAmt
Other Expenditures$1,169,624OtherExpendituresAmt
Administrative Expenses$126,793AdministrativeExpensesAmt
End Year Balance$51,950,077EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$53,742,553BeginningYearBalanceAmt
Contributions$911,615ContributionsAmt
Investment Earnings Or Losses$2,538,645InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,008,750GrantsOrScholarshipsAmt
Other Expenditures$1,015,818OtherExpendituresAmt
Administrative Expenses$133,422AdministrativeExpensesAmt
End Year Balance$55,034,823EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.20600BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.52400PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,814,508OtherCostOrOtherBasisAmt
Book Value$4,814,508BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$122,381,329OtherCostOrOtherBasisAmt
Depreciation$57,510,822DepreciationAmt
Book Value$64,870,507BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$265,671OtherCostOrOtherBasisAmt
Depreciation$202,981DepreciationAmt
Book Value$62,690BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,628,736OtherCostOrOtherBasisAmt
Depreciation$29,930,252DepreciationAmt
Book Value$10,698,484BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,730,044OtherCostOrOtherBasisAmt
Depreciation$8,329,586DepreciationAmt
Book Value$1,400,458BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$81,846,647TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
OFFSHORE HEDGE FUND$964,506F
DOMESTIC HEDGE FUNDS$9,671,446F
CENTRAL AMERICA INVESTMENT$37,062F
FieldValueIRS element (for citing)
Total Book Value Securities$10,673,014TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
ASSETS HELD IN TRUST BY OTHERS$11,570,492
OTHER RECEIVABLES$345,498
OTHER ASSETS$50,749
DUE FROM ALBRIGHT COLLEGE COSTA RICA$160,751
DEPOSITS HELD BY BOND TRUSTEES$2,788,084
FieldValueIRS element (for citing)
Total Book Value Other Assets$14,915,574TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
EARLY RETIREMENT$254,634
POST RETIREMENT HEALTHCARE BENEFITS$46,560
CHARITABLE GIFT ANNUITY CONTRACT LIAB$1,078,311
STUDENT DEPOSITS AND ADVANCE PAYMENTS$1,673,126
DEPOSITS HELD FOR OTHERS$300,529
FieldValueIRS element (for citing)
Total Liability$3,353,160TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$50,229,831TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$8,150,004NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$147,121DonatedServicesAndUseFcltsAmt
Other Revenue-$48,851,604OtherRevenueAmt
Revenue Not Reported-$56,854,487RevenueNotReportedAmt
Revenue Subtotal$107,084,318RevenueSubtotalAmt
Other Revenues Not Included$137,555OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$137,555RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$107,221,873TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$50,449,715TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$147,121DonatedServicesUseFcltsAmt
Other Expenses Included$152,935OtherExpensesIncludedAmt
Expenses Not Reported$300,056ExpensesNotReportedAmt
Expenses Subtotal$50,149,659ExpensesSubtotalAmt
Other Expenses Not Included$48,944,571OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$48,944,571ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$99,094,230TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE COLLEGE DOES NOT ASSIGN VALUES TO COLLECTION ITEMS. COLLECTION ITEMS ARE GENERALLY HELD FOR EDUCATIONAL PURPOSES AND ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
PART III, LINE 4:ALBRIGHT COLLEGE MAINTAINS A DIVERSE COLLECTION OF TWO AND THREE DIMENSIONAL WORKS OF ART ACROSS THE CAMPUS. THE MAJORITY OF THE WORKS OF ART ARE ORIGINAL PRINTS AND PHOTOGRAPHS FROM THE 1960S UP TO THE 1990S, WITH AN EMPHASIS ON WORKS BY AMERICAN ARTISTS. ALL WORKS OF ART ARE AVAILABLE FOR STUDY AND RESEARCH BY STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC. EXHIBITIONS AND EDUCATIONAL PROGRAMS ARE DEVELOPED AROUND VARIOUS ASPECTS OF THE WORKS OF ART FOR THE CAMPUS AND THE GENERAL PUBLIC. SOME EDUCATIONAL PROGRAMS ARE DEVELOPED SPECIFICALLY FOR K-12 SCHOOL GROUPS AND ADULTS FROM THE REGION IN THE FREEDMAN GALLERY, WHILE OTHER PROGRAMS AND WORKS OF ART ARE TAKEN DIRECTLY TO OFFSITE EDUCATIONAL INSTITUTIONS. WORKS OF ART ARE FREQUENTLY TAKEN INTO CLASSES FOR LECTURES AND TRAINING PURPOSES. MANY OF THE WORKS OF ART ARE AVAILABLE FOR USE BY OTHER EDUCATIONAL INSTITUTIONS. ALL WORKS OF ART ARE HANDLED BY SPECIFICALLY TRAINED STAFF AND STUDENTS.
PART V, LINE 4:THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO SUPPORT STUDENT FINANCIAL AID, INSTRUCTION AND OTHER COLLEGE OPERATIONS.
PART X, LINE 2:THE COLLEGE FOLLOWS THE FASB GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND 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. THE GUIDANCE ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS MEETING THE RECOGNITION CRITERIA IN 2019 AND 2018. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:STUDENT AID -48,430,821. TUITION DISCOUNT -139,625. INVESTMENT EXPENSES -124,125. CHANGE IN VALUE OF ANNUITY CONTRACT AGREEMENTS -160,461. INCOME ATTRIBUTABLE TO THE COSTA RICA CORPORATION 3,428.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RENTAL EXPENSES -91,675. FUNDRAISING EVENT EXPENSES -20,770. PROGRAM EXPENSES NETTED AGAINST REVENUE 250,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:EXPENSES ATTRIBUTABLE TO THE COSTA RICA CORPORATION 40,490. RENTAL EXPENSES 91,675. FUNDRAISING EVENT EXPENSE 20,770.
PART XII, LINE 4B - OTHER ADJUSTMENTS:STUDENT AID 48,430,821. TUITION DISCOUNT 139,625. PROGRAM EXPENSES NETTED AGAINST REVENUE 250,000. INVESTMENT EXPENSES 124,125.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt0NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3ALBRIGHT COLLEGE HAS SATISFIED THE PUBLICITY REQUIREMENT OF IRS REVENUE PROCEDURE 75-50, 1975-2 C.B. 587 SECTION 4.03 BY COMPLYING WITH SECTION 4.02. THE COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND FROM A LARGE GEOGRAPHIC AREA AND ENROLLS MINORITY STUDENTS IN MEANINGFUL NUMBERS, AND, THEREFORE, MEETS THE CONDITION IN SECTION 4.03 - 2(B). THE COLLEGE'S NONDISCRIMINATORY POLICY IS CONTAINED IN ITS SOLICITATION LITERATURE.
SCHEDULE E, PART I, LINE 6ALBRIGHT COLLEGE PARTICIPATES IN STUDENT FINANCIAL AID ASSISTANCE PROGRAMS OF VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, FEDERAL WORK STUDY (FWS) PROGRAM, AND THE PERKINS LOAN PROGRAM. STATE PROGRAMS FOR STUDENTS INCLUDE THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY'S (PHEAA) GRANT PROGRAM AND THE PHEAA'S MATCHING FUNDS PROGRAMS WHICH SUPPLEMENT THE FWS PROGRAM. IN ADDITION, THE COLLEGE IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY VARIOUS LOCAL, STATE, AND FEDERAL AGENCIES, INCLUDING THE NATIONAL SCIENCE FOUNDATION (NSF) AND NATIONAL INSTITUTES OF HEALTH (NIH). IN OCTOBER 2018, THE COLLEGE WAS AWARDED A TITLE III GRANT BY THE U.S. DEPARTMENT OF EDUCATION. GENERAL SUPPORT IS PROVIDED TO ALBRIGHT COLLEGE BY THE COMMONWEALTH OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT (IAG) PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00INVESTMENTS$40,490
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00INVESTMENTS$964,506
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,004,996SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,004,996TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART IV, LINE 5FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS INVESTMENTS IN FOREIGN PARTNERSHIPS BUT ITS PERCENTAGE OF OWNERSHIP DOES NOT EXCEED THE THRESHOLD FOR THE FILING OF FORM 8865. THE ORGANIZATION HAS INDIRECT INVESTMENTS IN PFICS BUT DOES NOT HAVE A REQUIREMENT TO FILE FORM 8621.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RED & WHITE GOLFEvent1Nm
Gross Receipts Event1$148,429GrossReceiptsEvent1Amt
Charitable Contri Event1$93,550CharitableContriEvent1Amt
Gross Revenue Event1$54,879GrossRevenueEvent1Amt
Rent Facility Costs Event1$6,905RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$13,865OtherDirectExpensesEvent1Amt
Gross Receipts Total$148,429GrossReceiptsTotalAmt
Charitable Contributions Tot$93,550CharitableContributionsTotAmt
Gross Revenue Total Events$54,879GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$6,905RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$13,865OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$20,770DirectExpenseSummaryEventsAmt
Net Income Summary$34,109NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (13 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceDesc
TRUSTEE GRANTS1402$20,035,356N/A
PRESIDENTIAL/PROVOST SCHOLARSHIP862$19,315,896N/A
JACOB ALBRIGHT SCHOLARSHIP52$1,468,500N/A
EUGENE SHIRK SCHOLARSHIP46$1,203,000N/A
ENDOWED SCHOLARSHIPS208$2,175,357N/A
SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS111$380,946N/A
OTHER SCHOLARSHIPS, GRANTS AND AWARDS167$705,416N/A
FOREIGN STUDENT SCHOLARSHIPS19$404,150N/A
TALENT AWARDS40$153,500N/A
ACADEMIC TALENT GRANT35$101,250N/A
LION ACHIEVEMENT AWARD280$1,280,750N/A
COMMUNITY COLLEGE ACHIEVEMENT SCHOLARSHIP124$130,700N/A
ALUMNI SCHOLARSHIP100$1,076,000N/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE COLLEGE MAKES GRANTS TO STUDENTS BASED UPON FINANCIAL NEED AND ACADEMIC EXCELLENCE. THE SELECTION OF GRANT RECIPIENTS IS MADE BASED UPON OBJECTIVE CRITERIA. NO ONE IS DISCRIMINATED AGAINST BASED UPON RACE, RELIGION, GENDER, ETHNIC BACKGROUND, AGE, HANDICAP OR ANY OTHER REASON. THE FINANCIAL AID DEPARTMENT ASSESSES AND MONITORS THE ELIGIBILITY AND AWARDING OF GRANTS AND SCHOLARSHIPS TO STUDENTS. IT IS ASSISTED IN ITS ON-GOING REVIEW BY THE RESOURCES OF THE REGISTRAR AND STUDENT ACCOUNTS DEPARTMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JACQUELYN S FETROW PHD
PRESIDENT$324,234$0$0$0$2,064$0$27,615$0$41,757$0$395,670$0$0$0
PAUL CRAMER
VP - ENROLLMENT & ADM (THRU 6/18)$86,264$0$0$0$78,690$0$7,827$0$12,698$0$185,479$0$0$0
GREGORY FULMER
VP-ADMIN & FINANCE$164,152$0$0$0$512$0$14,384$0$22,682$0$201,730$0$0$0
MARY MCGEE
PROVOST/VP ACAD. AFF (THRU 8/18)$135,142$0$0$0$2,409$0$12,098$0$6,442$0$156,091$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A COLLEGE-OWNED HOUSE IS PROVIDED AS A RESIDENCE FOR THE PRESIDENT AND FAMILY. THE COLLEGE-OWNED HOUSING IS NOT TREATED AS A TAXABLE BENEFIT TO THE PRESIDENT SINCE IT MEETS THE DEFINITION OF 'QUALIFIED CAMPUS LODGING' UNDER INTERNAL REVENUE CODE SECTION 119(D). TRAVEL FOR COMPANIONS: TRAVEL WAS PROVIDED FOR THE PRESIDENT'S SPOUSE WHEN SUCH TRAVEL WAS NECESSARY FOR THE FURTHERANCE OF THE WORK OF THE COLLEGE. THE TRAVEL IS CONSIDERED NECESSARY FOR THE PRESIDENT'S POSITION AND IS THEREFORE NOT TREATED AS TAXABLE COMPENSATION.
PART I, LINE 4APAUL CRAMER, VICE PRESIDENT FOR ENROLLMENT MANAGEMENT AND DEAN OF ADMISSION THRU JUNE 2018, RECEIVED A SEVERANCE PAYMENT DURING THE CALENDAR YEAR IN THE AMOUNT OF $78,275 UPON HIS DEPARTURE FROM THE ORGANIZATION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
THE BERKS COUNTY MUNICIPAL AUTHORITY
A2366476302017-07-03$10,000,000ACQUIRE PROPERTY & REFUND ISSUE - 9/2/14000
THE BERKS COUNTY MUNICIPAL AUTHORITY
B2366476302017-08-01$10,000,000REFUND PRIOR ISSUE - 12/30/2013000
THE BERKS COUNTY MUNICIPAL AUTHORITY
C2366476302017-08-01$10,000,000REFUND PRIOR ISSUE - 12/30/2013000
THE BERKS COUNTY MUNICIPAL AUTHORITY
D2366476302017-08-01$5,500,000REFUND PRIOR ISSUE - 12/30/2013000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$348,302$10,000,000$176,524$2,484,452$7,339,0242017Yes (1)0Yes (1)Yes (1)
B$348,302$10,000,000$10,000,0002010Yes (1)0Yes (1)Yes (1)
C$348,302$10,000,000$10,000,0002010Yes (1)0Yes (1)Yes (1)
D$178,662$5,500,000$5,500,0002010Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)00.008000.000000.0080000Yes (1)
B00Yes (1)Yes (1)00.006000.000000.0060000Yes (1)
C00Yes (1)Yes (1)00.006000.000000.0060000Yes (1)
D00Yes (1)Yes (1)00.006000.000000.0060000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)Yes (1)Yes (1)000Yes (1)
B00Yes (1)Yes (1)Yes (1)000Yes (1)
C00Yes (1)Yes (1)Yes (1)000Yes (1)
D00Yes (1)Yes (1)Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMEDISSUER NAME: THE BERKS COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/03/2018 ISSUER NAME: THE BERKS COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/01/2018 ISSUER NAME: THE BERKS COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/01/2018 ISSUER NAME: THE BERKS COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/01/2018
SCHEDULE K, PART IV, LINES 2A-2C:NOTE REGARDING THE REBATE COMPUTATIONS ON 1/3/2018 AND 2/1/2018: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION HAS BEEN MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY.
SCHEDULE K, PART II, LINE 3:THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN(E) DUE TO INVESTMENT EARNINGS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1WERNERSVILLE MUNICIPAL AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN231627474BondIssuerEIN
Bond Issued2017-12-20BondIssuedDt
Issue Price$3,430,000IssuePriceAmt
PurposeACQUIRE PROPERTY & REFUND ISSUEPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$73,127RetiredAmt
Total Proceeds$3,456,525TotalProceedsAmt
Issuance Costs From Proceeds$53,722IssuanceCostsFromProceedsAmt
Capital Expenditures$614,716CapitalExpendituresAmt
Unspent$2,788,088UnspentAmt
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonPER IRS INSTRUCTIONS NAMES ARE NOTPersonNm
Relationship With OrgPER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED.RelationshipWithOrgTxt
Cash Grant$1,975CashGrantAmt
Type Of AssistanceTUITION EXCHANGETypeOfAssistanceTxt
Assistance PurposeEMPLOYEE BENEFITAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
JOHN WEIDENHAMMER
FORMER BOARD TRUSTEE AND OWNER OF WEIDENHAMMER SYSTEMS$119,482MR. WEIDENHAMMER IS OWNER OF WEIDENHAMMER SYSTEMS. THE ENTITY PROVIDES INFORMATION TECHNOLOGY SERVICES TO THE COLLEGE. ALL TRANSACTIONS ARE AT ARM'S LENGTH.0
SEE SUPPLEMENTAL FOR LISTING OF INTERESTED PERSONS
OWNERSHIP OF FOA LLC INCLUDES PRESENT/FORMER BOARD OF TRUSTEE MEMBERS$167,210FRIENDS OF ALBRIGHT (FOA) LLC, HOLDS OWNERSHIP OF AN ON-CAMPUS BUILDING, WHICH THE COLLEGE RENTS. ALL TRANSACTIONS ARE AT ARM'S LENGTH.0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE L, PART IV:FormAndLineReferenceDesc
ExplanationFORMER TRUSTEES: JOHN BAILEY JOHN D. SCHOLL JOHN P. WEIDENHAMMER CHRIST G. KRARAS JOHN K. ROESSNER IIIExplanationTxt

Schedule M IRS990ScheduleM

Art Historical Treasures ArtHistoricalTreasuresGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$5,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$32,077NoncashContributionsRptF990Amt
Method Of Determining RevenuesNYSEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)AREA RUGS1$9,500RETAIL SALE PRICE
Yes (X)AUCTION ITEMS8$0VALUES NOT PROVIDED
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER OF CONTRIBUTORS IS REPORTED FOR ALL GIFTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE COLLEGE ENGAGES ARAMARK CORPORATION TO PROVIDE FOOD SERVICES FOR THE COLLEGE COMMUNITY. ARAMARK IS ALSO ENGAGED TO PROVIDE FACILITY MANAGEMENT ON THE COLLEGE CAMPUS. BARNES AND NOBLE COLLEGE BOOKSTORE, LLC OPERATES AND PROVIDES SERVICES FOR THE COLLEGE'S BOOKSTORE. BRIGHT HORIZONS FAMILY SOLUTIONS OPERATES THE ALBRIGHT EARLY LEARNING CENTER.
FORM 990, PART VI, SECTION B, LINE 11BTHE INITIAL REVIEW IS PERFORMED BY THE COLLEGE'S FINANCE DEPARTMENT. ONCE MANAGEMENT IS SATISFIED, THE FORM 990 IS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. FOLLOWING THAT REVIEW, A COMPLETE COPY OF THE RETURN IS POSTED ON THE BOARD OF TRUSTEES' INTRANET SITE FOR THE FULL BOARD'S ACCESS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CARTICLE XI, CONFLICT OF INTEREST OF THE BOARD OF TRUSTEES' BYLAWS REQUIRES ALL OF THE COLLEGE'S TRUSTEES AND OFFICERS TO SIGN A "CONFLICT OF INTEREST DISCLOSURE STATEMENT" ANNUALLY ACKNOWLEDGING HIS OR HER AFFIRMATIVE DUTY TO DISCLOSE CONFLICTS OF INTEREST, AND/OR POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES' TRUSTEESHIP AND GOVERNANCE COMMITTEE ROUTINELY REVIEWS AND DISCUSSES POTENTIAL CONFLICTS OF INTEREST AND THE ANNUAL STATEMENTS. THE COLLEGE WILL NOT TRANSACT BUSINESS WITH ANY ENTITY IN WHICH A TRUSTEE AND/OR OFFICER HAS AN INTEREST UNLESS SUCH INTEREST IS APPROPRIATELY DISCLOSED; THE INTERESTED TRUSTEE/OFFICER ABSTAINS FROM DELIBERATION OR VOTING ON THE MATTER; AND THE ACTION OR TRANSACTION IS DOCUMENTED CLEARLY IN THE BEST INTEREST OF THE COLLEGE. THE POLICY EXPLICITLY ADDRESSES THE RESPONSIBILITY TO DISCLOSE CONFLICTS OF INTEREST ASSOCIATED WITH FAMILY MEMBERS AND BUSINESSES.
FORM 990, PART VI, SECTION B, LINE 15THE PRESIDENT IS THE COLLEGE'S CHIEF EXECUTIVE OFFICER. ARTICLE V OF THE BOARD OF TRUSTEES' BYLAWS REQUIRES THAT THE PRESIDENT, IN CONJUNCTION WITH THE COMPENSATION COMMITTEE, DEVELOP ANNUAL PERFORMANCE OBJECTIVES FOR APPROVAL BY THE FULL BOARD. IT FURTHER REQUIRES THAT THE COMPENSATION COMMITTEE DETERMINE THE PRESIDENT'S COMPENSATION BASED ON THE ANNUAL PERFORMANCE ASSESSMENT AND REPORT SUCH FOR APPROVAL BY THE BOARD OF TRUSTEES. THE COMPENSATION OF OTHER OFFICERS (VICE-PRESIDENTS) AND ANNUAL PERFORMANCE ASSESSMENTS ARE THE RESPONSIBILITY OF THE PRESIDENT. ON AN ANNUAL BASIS, THE COLLEGE USES THE SERVICES OF A CONSULTANT WITH EXPERTISE IN NOT-FOR-PROFIT EXECUTIVE COMPENSATION TO REVIEW EXECUTIVE COMPENSATION LEVELS THROUGH PARTICIPATION IN THEIR EXECUTIVE COMPENSATION SURVEY FOR COLLEGES AND UNIVERSITIES. THESE SURVEYS GIVE COMPARATIVE DATA, INCLUDING SALARIES FOR EXECUTIVE LEVEL OFFICIALS (PRESIDENT AND VICE-PRESIDENTS), TO ENSURE THAT COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. THE PRESIDENT, IN CONCERT WITH THE DIRECTOR OF HUMAN RESOURCES, IS RESPONSIBLE FOR REVIEWING AND ESTABLISHING ONGOING SALARY LEVELS FOR THE RESPECTIVE VICE-PRESIDENTS. MINUTES ARE KEPT OF ALL BOARD OF TRUSTEE MEETINGS AND COMMITTEE MEETINGS, INCLUDING THE COMPENSATION COMMITTEE. WITH REGARD TO VICE-PRESIDENTS, PERFORMANCE ASSESSMENTS AND EVALUATIONS ARE DOCUMENTED IN THEIR RESPECTIVE PERSONNEL FILES.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF ANNUITY CONTRACT AGREEMENTS -160,461.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmt
NORTH THIRTEENTH STREET INC
13TH BERN STREETS PO BOX 14988READINGPA196124988232362385REAL ESTATE RENTALPAALBRIGHT COLLEGEC1.00000Yes (1)
ALBRIGHT COLLEGE COSTA RICA SA
LAND INVESTMENTALBRIGHT COLLEGEC1.00000Yes (1)EL PATIO BUILDING 3RD FLOORSAN JOSECSCS$37,062$219,509
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ALBRIGHT COLLEGE COSTA RICA SABusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeDTransactionTypeTxt
Involved$160,751InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt