2020-07-10T08:11:28-05:00 2019-08-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2018-09-01 251094922 POINT PARK UNIVERSITY POIN 4123923992 201 WOOD STREET PITTSBURGH PA 15222 BRIDGET MANCOSH SR VP OF FINANCE & OPERATIONS 4123923992 2020-07-07 1 SUSAN M KIRSCH P00341397 4122613644 67.163.192.78 2020-07-07 09:02:29 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2A48E83B3AA0030238606F0495B19A11215EC83D 2018 2021-01-29 14:40:06Z DR PAUL HENNIGAN 201 WOOD STREET PITTSBURGH PA 15222 129072325 0 X WWW.POINTPARK.EDU X 1960 PA HIGHER EDUCATION 34 32 1787 34 0 0 3163254 2595696 116775695 119961936 1153654 1738527 149326 -25884 121241929 124270275 41230897 43206566 0 0 45648292 45116800 12622 44286 930351 33926404 34603368 120818215 122971020 423714 1299255 219445664 211727995 89033560 80957854 130412104 130770141 POINT PARK UNIVERSITY EDUCATES STUDENTS IN A DIVERSE ENVIRONMENT AND PREPARES GRADUATES TO APPLY KNOWLEDGE TO ACHIEVE THEIR GOALS, ADVANCE THEIR PROFESSIONS AND SERVE THEIR COMMUNITIES. 0 0 78904937 42680129 107832775 INSTRUCTION- INCLUDES 4 ACADEMIC SCHOOLS SERVING 3196 UNDERGRADUATE AND 903 GRADUATE STUDENTS (FALL 2018 CENSUS), AS WELL AS PERFORMING ARTS WHICH PROVIDE APPLIED TRAINING FOR STUDENTS. INCLUDES PHYSICAL PLANT ALLOCATION. 22762622 112778 701513 ACADEMIC SUPPORT & STUDENT SERVICES- ACADEMIC SUPPORT PROVIDES SUPPORT FOR THE SCHOOL'S PRIMARY ACADEMIC MISSION. INCLUDES LIBRARY SERVICES, PROGRAM FOR ACADEMIC SUCCESS, INFORMATION & MEDIA CENTERS & PROVOST OFFICE & CENTER FOR TEACHING EXCELLENCE. STUDENT SERVICES INCLUDES ADMISSIONS, CAREER DEVELOPMENT, FINANCIAL AID ADMINISTRATION, REGISTRAR, STUDENT ACTIVITIES, STUDENT AFFAIRS OFFICE, AS WELL AS 13 MEN'S AND WOMEN'S INTERCOLLEGIATE ATHLETIC TEAMS. INCLUDES PHYSICAL PLANT ALLOCATION. 8805791 413659 11427648 AUXILIARY ENTERPRISES- SUPPORT OF DORMITORIES, DINING HALL, CAFE, BOOKSTORE AND RECREATION CENTER FOR STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY. INCLUDES PHYSICAL PLANT ALLOCATION. 110473350 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 5496 0 1 1787 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 34 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JAMES HARDT 4123923969 201 WOOD STREET PITTSBURGH PA 15222 MARK BROADHURST BOARD MEMBER 1.50 0.00 X 0 0 0 CHRIS BRUSSALIS BOARD MEMBER-ENTERED 10/2018 1.50 0.00 X 0 0 0 DIANE BUCCO BOARD MEMBER 1.50 0.00 X 0 0 0 JAMIE CAMPOLONGO BOARD MEMBER 1.50 0.00 X 0 0 0 LISA CIBIK BOARD MEMBER 1.50 0.00 X 0 0 0 JEFFREY COHEN BOARD MEMBER 1.50 0.00 X 0 0 0 GARY DEJIDAS BOARD MEMBER 1.50 0.00 X 0 0 0 LOUIS DINARDO BOARD MEMBER 1.50 0.00 X 0 0 0 DAVID DUNCAN BOARD MEMBER 1.50 0.00 X 0 0 0 KISHORE GOPAUL BOARD MEMBER 1.50 0.00 X 0 0 0 EDWARD HABERLE BOARD MEMBER 1.50 0.00 X 0 0 0 RICHARD HASKINS BOARD MEMBER 1.50 0.00 X 0 0 0 DONALD J JENKINS BOARD MEMBER 1.50 0.00 X 0 0 0 DEAN JORDAN BOARD MEMBER 1.50 0.00 X 0 0 0 ANNE LEWIS BOARD MEMBER 1.50 0.00 X 0 0 0 PEGGY T MCKNIGHT BOARD MEMBER 1.50 0.00 X 0 0 0 J KEVIN MCMAHON BOARD MEMBER 1.50 0.00 X 0 0 0 JAMES MEREDITH BOARD MEMBER 1.50 0.00 X 0 0 0 LAFE METZ BOARD MEMBER 1.50 0.00 X 0 0 0 JIMMY MILLER BOARD MEMBER 1.50 0.00 X 0 0 0 MAURA MINTEER BOARD MEMBER- ENTERED 10/2018 1.50 0.00 X 0 0 0 JOSEPH OGRODNIK BOARD MEMBER 1.50 0.00 X 0 0 0 RICH PEGHER BOARD MEMBER- ENTERED 5/2019 1.50 0.00 X 0 0 0 LUCAS PIATT BOARD MEMBER 1.50 0.00 X 0 0 0 CELINA POMPEANI BOARD MEMBER 1.50 0.00 X 0 0 0 PEGGY SCHIAVONE BOARD MEMBER- ENTERED 5/2019 1.50 0.00 X 0 0 0 DARRELL SMALLEY BOARD MEMBER 1.50 0.00 X 0 0 0 RYAN STANA BOARD MEMBER 1.50 0.00 X 0 0 0 JACK TOMAYKO BOARD MEMBER 1.50 0.00 X 0 0 0 JAKE WHEATLEY BOARD MEMBER 1.50 0.00 X 0 0 0 KAREN FARMER WHITE BOARD MEMBER 1.50 0.00 X 0 0 0 DARRYL FORD WILLIAMS BOARD MEMBER 1.50 0.00 X 0 0 0 JOSEPH GRECO BOARD MEMBER/CHAIR 3.00 0.00 X X 0 0 0 MARY BETH TAYLOR BOARD MEMBER/VICE CHAIR 3.00 0.00 X X 0 0 0 PAUL HENNIGAN PRESIDENT 40.00 0.25 X 560902 0 139362 BRIDGET MANCOSH SR VP OF FIN. & OPER. & BOARD TREAS. 40.00 0.25 X 289383 0 26185 JOHN H PEARSON PROVOST 40.00 0.00 X 236162 0 25012 PEG A SMITH- EXITED 719 EXEC. ASST. TO PRES.& BOARD SEC. 40.00 0.00 X 64207 0 12194 LISA STEFANKO VP OF HUMAN RESOURCES 40.00 0.00 X 182256 0 51320 TRUDY WILLIAMS VP OF ENROLLMENT 40.00 0.00 X 154606 0 19061 RONALD LINDBLOM- ARTIST DIR PROFESSOR EFF. 4/19 40.00 0.00 X 166881 0 28073 KEITH PAYLO VP OF STUDENT AFFAIRS 40.00 0.00 X 146706 0 30821 DARLENE MARNICH PROFESSOR 40.00 0.00 X 147585 0 82761 TIMOTHY WILSON ASSIST. VP INFO. TECH. 40.00 0.00 X 143344 0 29782 STEPHEN TANZILLI DEAN, ROWLAND SCHOOL OF BUSINESS 40.00 0.00 X 154683 0 19079 AMY MCCALL FORMER OFFICER 0.00 0.00 X 182398 0 6574 KAREN MCINTYRE PROFESSOR & FORMER OFFICER 40.00 0.00 X 174691 0 21397 SHARON NAVONEY FORMER KE 0.00 0.00 X 192553 0 24511 MARIANN GEYER VP FOR EXT AFFAIRS & FORMER KE 28.00 0.00 X 102750 0 7500 2899107 0 523632 54 1 1 0 PJDICK CORP 225 N SHORE DRIVE PITTSBURGH PA 15212 CONSTRUCTION 11556242 CULINART 175 SUNNYSIDE BLVD PLAINVIEW NY 11803 FOOD SERVICE 3560947 LEARNING HOUSE INC 29845 NETWORK PLACE CHICAGO IL 606731298 ONLINE EDUC SERVICES 2857614 ISS FACILITY SERVICES 908 PENN AVENUE PITTSBURGH PA 15222 CLEANING 1867904 MBM CONTRACTING INC 4999 OLD CLAIRTON RD PITTSBURGH PA 15236 CONSTRUCTION 1598664 28 317760 799612 1478324 69724 2595696 TUITION & EDUC. FEES 611710 107281876 107281876 ROOM & BOARD FEES 721310 11400934 11400934 STUDENT PERFORMANCES 711300 633196 633196 BOOKSTORE, CAFE & MISC. 451211 168639 168639 477291 477291 119961936 1670764 1670764 176047 176047 3629288 859999 3759321 662203 -130033 197796 67763 67763 178595 317760 380526 -201931 -201931 124270275 119961936 0 1712643 112778 112778 43069788 43069788 24000 24000 1787371 465353 1322018 327980 212820 115160 32894550 29412331 3122309 359910 1672723 1447175 203742 21806 5936409 5108173 753872 74364 2497767 2161195 309663 26909 606282 15033 591249 162131 162131 56261 56261 44286 44286 78437 78437 4460355 3953362 495830 11163 2057319 1073695 953153 30471 1857812 1732487 101044 24281 1182644 687417 480473 14754 29436 29436 10243271 8656953 1405688 180630 1025285 917751 92828 14706 621479 545463 70291 5725 6445788 5517846 823065 104877 174397 85873 88524 FOOD SERVICES 2965354 2910526 52330 2498 NON CAPITAL EQUIP 1307375 1081222 226153 BAD DEBT 465118 465118 DANCE & THEATER PRODUCT 333999 333999 530625 453556 63098 13971 122971020 110473350 11567319 930351 1484802 2091935 15909176 15042501 5503533 1608630 1080397 1080616 652320 503071 1645505 1769572 234533941 92515547 147030800 142018394 45795798 46809247 343333 804029 219445664 211727995 5824769 3285384 9513188 9128959 63036202 57843750 622502 417955 10036899 10281806 89033560 80957854 X 104301050 106404222 26111054 24365919 130412104 130770141 219445664 211727995 X 1299255 149554 -1090772 X X 0 1 X 1 1 1 X 18185962 9178320 7067958 3163254 2595696 40191190 18185962 9178320 7067958 3163254 2595696 40191190 18256486 21934704 1233967 1208538 1235386 1479529 1846811 7004231 47195421 556581848 0.46480 0.49250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56261 56261 123250999 123307260 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 49157 49594 45065 56261 200077 250000 250000 250000 250000 1000000 1500000 SCH C PART II-A LINE 1B LOBBYING TO PENNSYLVANIA STATE GOVERNMENT FOR VARIOUS LEGISLATION IN SUPPORT OF HIGHER ED. X 0 47117897 240482 1203992 383446 1212913 46966012 42491282 1195996 4214320 367699 416002 47117897 34215180 5171461 3581870 354316 122913 42491282 37133997 1101583 2439866 339711 6120555 34215180 37053216 1079497 -571086 308970 118660 37133997 0.57480 0.25140 0.17380 0 0 16323613 16323613 191266730 70789531 120477199 2584587 1495786 1088801 24327603 20230230 4097373 31408 31408 142018394 NEW MARKETS TAX CREDIT 6750000 CONDITIONAL ASSET RETIREMENT OBLIGATION 1747068 INTEREST RATE SWAP 1201491 ANNUITIES PAYABLE 50970 LOAN PROGRAM REFUNDABLE TO FEDERAL GOVERNMENT IF DISCONTINUED PROGRAM 532277 10281806 X 81056693 149554 -43665225 -43515671 124572364 78437 -380526 -302089 124270275 80698656 380526 380526 80318130 78437 42574453 42652890 122971020 PART III, LINE 4: THE PRIMARY PIECE OF THE POINT PARK COLLECTION IS "FREEDOM BOUND," A SCULPTURE BY ARTIST PAIGE BRADLEY, COMMISSIONED AND DONATED BY A BOARD MEMBER. IN 2008 IT WAS INSTALLED AS PART OF THE LAWRENCE HALL LOBBY RENOVATION, WHICH INCLUDES A GRAND ENTRANCE TO THE NEWLY BUILT DANCE COMPLEX. THE UNIVERSITY HOLDS PAINTINGS AND PHOTOGRAPHS ON DISPLAY THROUGHOUT THE CAMPUS THAT WERE ALSO DONATED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL INVESTMENT ACCOUNTS ESTABLISHED TO FUND NUMEROUS PURPOSES. THE TOTAL ENDOWMENT CONSISTS OF TWO COLLECTIVE FUND GROUPS. IT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS (THE "ENDOWMENT FUND") WHICH ARE CLASSIFIED AS EITHER TEMPORARILY OR PERMANENTLY RESTRICTED FUNDS, AND NON-DONOR UNRESTRICTED FUNDS THAT HAVE BEEN ESTABLISHED BY THE BOARD OF TRUSTEES (THE "BOARD") TO FUNCTION AS RESERVE-TYPE FUNDS (THE "BOARD- DESIGNATED RESERVE FUND"), WHICH ARE CLASSIFIED AS UNRESTRICTED FUNDS. AS REQUIRED BY GAAP, THE NET ASSETS OF THE UNIVERSITY'S ENDOWMENT ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE PURPOSE OF THE "ENDOWMENT FUND"- IS TO PRESERVE PERMANENTLY RESTRICTED DONOR GIFTS AND ACHIEVE LONG-TERM APPRECIATION TO MAIN THE ASSETS IN PERPETUITY. THE PURPOSE OF THE "BOARD- DESIGNATED RESERVE FUND"- IS TO MAINTAIN THE LIQUIDITY NECESSARY TO SUPPORT THE LONG-TERM FISCAL HEALTH OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT, NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH 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. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT AUGUST 31, 2019 AND 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID: -42,574,453 INTEREST RATE SWAPS: $-1,090,772 TOTAL PART XII LINE 2D: -$ -43,665,225 PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE: $ -380,526 PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE: $380,526 TOTAL PART XIII LINE 2D: $380,526 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $42,574,453 TOTAL PART XIII LINE 4B: $42,574,453 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY INCLUDES IN ITS BYLAWS AND CATALOGS A STATEMENT CONFIRMING ITS OPPOSITION TO ANY PRACTICE WHICH DEPRIVES ANY INDIVIDUAL OF RIGHTS AND PRIVILEGES BASED ON RACE, RELIGION, SEX, NATIONAL ORIGIN OR HANDICAP. THE UNIVERSITY WILL NOT AFFILIATE NOR EXTEND RECOGNITION TO ANY GROUP WHOSE POLICIES ARE DISCRIMINATORY. SCHEDULE E, PART I, LINE 6 COMMONWEALTH OF PA: HIGHER EDUCATION ASSISTANCE GRANT & CHILD DEVELOPMENT RESOURCES GRANT (PA DEPARTMENT OF WELFARE) FEDERAL: PELL/ SEOG/ VA, INTERNATIONAL RURAL GENTRIFICATION GRANT & OFFICE OF WOMEN'S PUBLIC HEALTH 1 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 113635 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FINANCIAL AID 24000 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT TRIPS 16916 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES MEDIA STUDIES TOUR 16900 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD OPPORTUNITIES TRIP- SCHOOL OF BUSINESS 36092 NORTH AMERICA 0 0 PROGRAM SERVICES INTERNATIONAL RECRUITING TRIP 5290 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT 2000 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDENT TEACHING OBSERVATION TRIPS 4865 0 0 0 0 0 0 219698 0 219698 STUDENT FINANCIAL AID EUROPE 8 24000 N/A N/A N/A 0 0 0 0 0 0 PART I, LINE 2: FINANCIAL AID AWARDS AT POINT PARK UNIVERSITY ARE DETERMINED ON THE BASIS OF ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, ARTISTIC OR ATHLETIC TALENT AND FINANCIAL NEED ELIGIBILITY. GRANTS AND LOANS ARE DISTRIBUTED USING POWERFAIDS APPLICATION AND POSTED TO STUDENT'S ACCOUNTS IN JENZABAR (HIGHER EDUCATION INFORMATION SYSTEM). ANNUALLY THE FINANCIAL AID AREA IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. X X X X X X X 1 MCALLISTER & QUINN LLC 1030 15TH ST NW STE 590 W WASHINGTON DC 20005 CONSULTING, GRANT WRITING 0 0 44286 -44286 44286 -44286 PA PLAYHOUSE OPENING GALA 387402 279332 108070 61026 93799 68859 67829 GOLF PIONEER EVENT 91500 28938 62562 59237 14365 2593 1 17453 9490 7963 5880 3166 3772 496355 317760 178595 126143 111330 68859 74194 380526 -201931 PRT I, 2B, LINE 1 REVENUE LIKELY TO BE REALIZED IN A FUTURE YEAR. 1 ALLEGHENY CONFERENCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250965213 501(C)(3) 35700 N/A N/A ECONOMIC DEVELOPMENT AFRICAN AMERICAN CHAMBER OF COMMERCE OF WESTERN PA 436 SEVENTH AVE PITTSBURGH PA 15219 251729192 501(C)(3) 10000 N/A N/A ECONOMIC DEVELOPMENT PITTSBURGH CIVIC LIGHT OPERA 719 LIBERTY AVENUE PITTSBURGH PA 15222 256000890 501(C)(3) 10000 N/A N/A PERFORMING ARTS BROADWAY DREAMS FOUNDATION 8965 BROCKHAM WAY ALPHARETTA GA 30022 264771520 501(C)(3) 10000 N/A N/A PERFORMING ARTS SEPTEMBER 11 NATIONAL MEMORIAL TRAIL 4310 RIDGE CENTER DRIVE WOODBRIDGE VA 22192 320237505 501(C)(3) 10000 N/A N/A ECONOMIC DEVELOPMENT CHUCK COOPER FOUNDATION 49 THOMCREST DRIVE PITTSBURGH PA 15235 274722527 501(C)(3) 5000 N/A N/A SCHOLARSHIPS 6 0 SCHOLARSHIP AID FOR HIGHER ED FOR UNDERGRADUATE AND GRADUATE STUDENTS 3091 42550453 N/A N/A HOUSING ASSISTANCE TO STUDENT RESIDENT ADVISORS 34 410609 N/A N/A SCHOLARSHIP FOR SCHOOL AGE CHILDREN TO ATTEND SUMMER DANCE PROGRAM 113 108726 N/A N/A PART I, LINE 2: FINANCIAL AID AWARDS TO STUDENTS AT POINT PARK UNIVERSITY ARE DETERMINED ON THE BASIS OF ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, ARTISTIC OR ATHLETIC TALENT AND FINANCIAL NEED ELIGIBILITY. GRANTS AND LOANS ARE DISTRIBUTED USING POWERFAIDS APPLICATION AND POSTED TO STUDENT'S ACCOUNTS IN JENZABAR (HIGHER EDUCATION INFORMATION SYSTEM). ANNUALLY THE FINANCIAL AID AREA IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. X X X 1 1 X X X X X X 1 1 0 0 0 0 0 1 0 PAUL HENNIGAN PRESIDENT 397260 0 50000 0 113642 0 80625 0 58737 0 700264 0 40000 0 BRIDGET MANCOSH SR VP OF FIN. & OPER. & BOARD TREAS. 256311 0 30000 0 3072 0 19450 0 6735 0 315568 0 0 0 JOHN H PEARSON PROVOST 215766 0 20000 0 396 0 16350 0 8662 0 261174 0 0 0 LISA STEFANKO VP OF HUMAN RESOURCES 168811 0 10000 0 3445 0 13135 0 38185 0 233576 0 0 0 TRUDY WILLIAMS VP OF ENROLLMENT 145718 0 5000 0 3888 0 11025 0 8036 0 173667 0 0 0 RONALD LINDBLOM- ARTIST DIR PROFESSOR EFF. 4/19 162855 0 0 0 4026 0 12508 0 15565 0 194954 0 0 0 KEITH PAYLO VP OF STUDENT AFFAIRS 142818 0 1000 0 2888 0 11250 0 19571 0 177527 0 0 0 DARLENE MARNICH PROFESSOR 112842 0 0 0 34743 0 8703 0 74058 0 230346 0 0 0 TIMOTHY WILSON ASSIST. VP INFO. TECH. 143206 0 0 0 138 0 10810 0 18972 0 173126 0 0 0 STEPHEN TANZILLI DEAN, ROWLAND SCHOOL OF BUSINESS 145990 0 5000 0 3693 0 11038 0 8041 0 173762 0 0 0 AMY MCCALL FORMER OFFICER 0 0 0 0 182398 0 0 0 6574 0 188972 0 0 0 KAREN MCINTYRE PROFESSOR & FORMER OFFICER 168891 0 0 0 5800 0 5216 0 16181 0 196088 0 0 0 SHARON NAVONEY FORMER KE 116720 0 0 0 75833 0 9054 0 15457 0 217064 0 0 0 MARIANN GEYER VP FOR EXT AFFAIRS & FORMER KE 100000 0 0 0 2750 0 7500 0 0 0 110250 0 0 0 PART I, LINE 1A DR. PAUL HENNIGAN, PRESIDENT OF THE UNIVERSITY, IS PAID A MONTHLY HOUSING ALLOWANCE IN PLACE OF STAYING IN A HOUSE ON CAMPUS, THE STANDARD FOR COLLEGES AND UNIVERSITIES. THIS IS REPORTED AS TAXABLE INCOME. SPOUSAL TRAVEL IS NOT REIMBURSABLE PER THE UNIVERSITY'S EXPENSE REIMBURSEMENT POLICY; HOWEVER, THE PRESIDENT'S SPOUSE'S EXPENDITURES ARE REIMBURSED FOR OFFICIAL BUSINESS, ACCORDING TO THE PRESIDENT'S EMPLOYMENT CONTRACT. GENERALLY TRAVEL FOR THE PRESIDENT'S SPOUSE IS INFREQUENT. THE UNIVERSITY PAYS FOR THE DUES OF THE PRESIDENT TO BUSINESS CLUBS WHICH HAVE BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING SIGNIFICANT IMPACT ON FUNDRAISING AND THE UNIVERSITY'S ROLE IN THE DOWNTOWN COMMUNITY. THE PRESIDENT PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. PART I, LINES 4A-B PAUL HENNIGAN PARTICIPATED IN A 457(F) PLAN. $64,754 IS REPORTED AS TAXABLE WAGES IN PART II, COLUMN B. $60,000 IS REPORTED DEFERRED COMPENSATION IN PART II, COLUMN C. $40,000 REPORTED IN PART II, COLUMN F WAS REPORTED IN A PRIOR YEAR. SEVERANCE PAYMENTS WERE AS FOLLOWS: SHARON NAVONEY $64,276 AMY MCCALL $183,333 PART I, LINE 7 NON-FIXED PAYMENTS ARE LISTED IN COLUMN (B) (II) BONUS & INCENTIVE COMPENSATION. THEY ARE DETERMINED ANNUALLY BASED ON PERFORMANCE EVALUATIONS. PART II, COLUMN D: THE NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PRIMARILY INCLUDE THE FOLLOWING: TUITION ASSISTANCE, AND EMPLOYER PROVIDED HEALTH INSURANCE. TUITION ASSISTANCE PROGRAMS ARE A STANDARD BENEFIT PROVIDED BY COLLEGE AND UNIVERSITY EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. THE INTERNAL REVENUE CODE (SECTION 117(D)) SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF SUCH QUALIFIED TUITION BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE YEAR. A CARROLLTOWN BOROUGH MUNICIPAL AUTHORITY 256000301 2013-11-13 10000000 SEE PART VI 0 0 0 B ALLEGHENY CO HIGHER EDU BUILDING AUTHORITY 251650137 2013-08-01 31670000 SEE PART VI 1 0 0 C MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2007-01-19 5000000 SEE PART VI 0 0 0 D MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2006-12-27 10000000 SEE PART VI 0 0 0 A 1617647 10000000 51895 9948105 2016 0 0 1 1 B 5380003 31392445 31670000 277525 2012 0 0 1 1 C 2626667 5000000 7250 4992750 2008 0 0 1 1 D 5253333 10000000 58500 3771500 2008 0 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 1 0 0 0 1 B 1 1 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 0 B 0 C 0 D 0 ENTITY 1, PART 1, LINE A, COLUMN F: RENOVATION OF THAYER AND ACADEMIC HALL, INCLUDING CONVERSION OF CERTAIN SPACE IN THAYER HALL INTO STUDENT HOUSING AND PURCHASE OF EQUIPMENT RELATED TO CONVERSION. ENTITY I, PART I, LINE B, COLUMN F: FOR ACQUISITION AND RENOVATION OF STUDENT APARTMENT HOUSING, RENOVATION OF LOBBY, AND ACQUISITION OF YMCA BUILDING AND RENOVATION INTO STUDENT UNION AND ADDITIONAL CAPITAL PROJECTS. THE BONDS WERE SUBSEQUENTLY REFINANCED WITH TAX EXEMPT NOTES IN 2013. ENTITY I, PART I, LINE C, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. ENTITY I, PART I, LINE D, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. ENTITY II, PART I, LINE A, COLUMN F: FOR SUPPORT OF DANCE STUDIO, A LIBRARY, A TELEVISION AND FILM STUDIO, MISCELLANEOUS CAPITAL PROJECTS ENTITY II, PART I, LINE C, COLUMN F PITTSBURGH PLAYHOUSE A SOUTH FORK MUNICIPAL AUTHORITY 251550471 2006-07-27 10000000 SEE PART VI 0 0 0 B ALLEGHENY CO HIGHER EDU BUILDING AUTHORITY 251650137 2016-05-17 14000000 SEE PART VI 0 0 0 A 5438116 10000000 64117 9935883 2007 0 0 1 1 B 2112212 14000000 111576 13888424 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 0 0 0 0 1 B 1 1 0 0 0 1 A 0 B 0 A MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 140024 EMPLOYMENT 0 G MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 39782 EMPLOYMENT 0 C POMPEANI A FAMILY MEMBER OF CELINA POMPEANI, BOARD MEMBER 42587 EMPLOYMENT 0 X 3 69724 MARKET HIGH&LOW AVER. 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES WHEN THE BOARD IS NOT IN SESSION EXCEPT THAT IT MAY NOT: (I) ALIENATE OR ENCUMBER THE REAL ESTATE OR ENDOWMENTS OF THE UNIVERSITY, (II) ENTER INTO FINANCIAL ARRANGEMENTS OR COMMITMENTS WHICH WOULD HAVE A MAJOR EFFECT ON THE UNIVERSITY, (III) SELECT THE PRESIDENT OF THE UNIVERSITY, (IV) ELECT MEMBERS OR OFFICERS OF THE BOARD OF TRUSTEES, OR (V) COMMIT THE UNIVERSITY TO PAYMENTS IN EXCESS OF AVAILABLE REVENUES, UNLESS SPECIFICALLY AUTHORIZED TO DO SO BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 RICH PEGHER AND DON JENKINS ARE BROTHER-IN-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE UNIVERSITY'S BUSINESS OFFICE. IT IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A REVIEW ON BEHALF OF THE BOARD. THE FINAL COPY IS SENT TO ALL VOTING MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONTAINED WITHIN THE UNIVERSITY'S WRITTEN CODE OF CONDUCT IS THE CONFLICT OF INTEREST POLICY, WHICH IS DISTRIBUTED ANNUALLY TO THE BOARD OF TRUSTEES, AS WELL AS TO ALL FULL-TIME AND PART-TIME EMPLOYEES AND IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE CONFLICT OF INTEREST STATEMENT THAT IS SIGNED BY DIRECTORS AND OFFICERS STATES, "I ACKNOWLEDGE AN ONGOING RESPONSIBILITY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE." BOARD MEMBERS COMPLETE A 'CONFLICT OF INTEREST STATEMENT' ANNUALLY. THE POLICY MAKES CLEAR THAT NOT ALL CONFLICTING INTERESTS ARE PROHIBITED. EACH REPORTED CONFLICT IS EVALUATED TO MAKE CERTAIN THAT DIRECTORS AND OFFICERS PRIMARY OBLIGATION TO THE UNIVERSITY IS NOT COMPROMISED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR HIRING THE PRESIDENT, AND THE EXECUTIVE COMMITTEE OF THE BOARD ACTS AS THE COMPENSATION COMMITTEE FOR DETERMINING THE PRESIDENT'S ANNUAL GOALS, OBJECTIVES, PERFORMANCE AND COMPENSATION THE RULES ARE SET FORTH IN THE UNIVERSITY'S BYLAWS, ARTICLE VI, SECTION 2, PARAGRAPH 5. "THE EXECUTIVE COMMITTEE SHALL ALSO ACT AS THE COMPENSATION COMMITTEE FOR PURPOSES OF APPROVING THE PRESIDENT'S ANNUAL GOALS AND OBJECTIVES, EVALUATING THE PRESIDENT'S ANNUAL PERFORMANCE, AND DETERMINING THE PRESIDENT'S ANNUAL COMPENSATION. THE EXECUTIVE COMMITTEE IN THE ROLE SHALL ADHERE TO ALL APPLICABLE STANDARDS PROMULGATED BY THE IRS WITH RESPECT TO COMPENSATION PAYABLE BY EXEMPT ORGANIZATIONS. THE PRESIDENT SHALL NOT BE PRESENT WHILE THE EXECUTIVE COMMITTEE DELEBERATES ON THE COMPENSATION, GOALS, AND OBJECTIVE, OR PERFORMANCE OF THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL ALSO PROVIDE ADVICE TO THE PRESIDENT REGARDING THE ANNUAL GOALS AND OBJECTIVES, PERFORMANCE, AND COMPENSATION OF THE PRESIDENT'S EXECUTIVE OFFICERS. THE BOARD CHAIR WILL REPORT TO THE BOARD, AS APPROPRIATE, CONCERNING THE EXECUTIVE COMMITTEE'S DELIBERATIONS AS THE COMPENSATION COMMITTEE. "THE UNIVERSITY REGULARLY EMPLOYS THE SERVICES OF AN INDEPENDENT FIRM TO DO AN EXECUTIVE BENCHMARKING STUDY AND IMPLEMENT A PEER REVIEW PROCESS (SIMILAR TO THE PROCESS FOR FACULTY AND STAFF) FOR THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES IN ORDER TO HELP ADVICE TO COMPENSATION COMMITTEE. IN GENERAL THE HUMAN RESOURCES DEPARTMENT USES SURVEYS FROM CUPA-HR (COLLEGE & UNIVERSITY PROFESSIONAL ASSOC.) FOR STAFF AND FACULTY TO BENCHMARK COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS AVAILABLE ONLINE AS A COMPONENT OF THE UNIVERSITY'S CODE OF CONDUCT. THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP: -1,090,772. FORM 990, PART XI, QUESTION 2C THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 PART I, LINE 5 FULL TIME STAFF 319 FULL TIME FACULTY 161 PART TIME FACULTY 422 PART TIME STAFF 163 PART TIME STUDENTS 722 TOTAL EMPLOYEES 1787 PIONEER RECORDS LLC 201 WOOD STREET PITTSBURGH PA 15222 841763393 STUDENTS RECORDING & MARKETING MUSIC PA 0 0 POINT PARK UNIVERSITY POINT PARK UNIVERSITY FOUNDATION 201 WOOD STREET PITTSBURGH PA 15222 473515830 TO PROMOTE, SUPPORT, AND FURTHER THE PURPOSES OF POINT PARK UNIVERSITY PA 501(C)(3) 509(A)(3) POINT PARK UNIVERSITY 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0