2019-11-14T11:13:49-06:00 2019-06-30 251638525 GROSSMAN YANAK & FORD LLP THREE GATEWAY CTR STE 1800 PITTSBURGH PA 15222 990 2018-07-01 251065148 GROVE CITY COLLEGE GROV 7244582000 100 CAMPUS DRIVE GROVE CITY PA 161272104 MICHAEL BUCKMAN VP FOR BUSINESS AND FINANCE 7244582000 2019-11-08 1 RICHARD E DYNOSKE P00095538 4123389300 199.234.67.210 2019-11-08 14:09:24 ES P 476C8FEADB417349E55A623439B0B59368596FA2 476C8FEADB417349E55A623439B0B59368596FA2 2018 2020-04-17 16:48:07Z PAUL J MCNULTY 100 CAMPUS DRIVE GROVE CITY PA 16127 170539532 0 X WWW.GCC.EDU X 1876 PA A SCHOOL OF HIGHER EDUCATION. 35 35 1836 100 387970 0 16371263 18460882 62789252 64934162 5762914 3820372 1069920 1009833 85993349 88225249 7489472 8329974 0 0 38130396 39189046 0 32156 2180762 31302549 32220120 76922417 79771296 9070932 8453953 312550016 326419832 25594092 24542689 286955924 301877143 A SCHOOL OF HIGHER EDUCATION. 0 0 39122023 8298308 42797370 ACADEMIC INSTRUCTION 6626384 31666 ACADEMIC SUPPORT - INCLUDES EXPENSES FOR LIBRARY, ATHLETICS, AND STUDENT HEALTH CENTER 16116790 22493230 AUXILIARY ENTERPRISES - INCLUDES EXPENSES FOR DINING HALLS, DORMITORIES, BOOKSTORE, AND FOUNTAIN ROOM 61865197 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 1 3109 0 1 1836 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO KY ME MD MA MI NH NY OH OK OR SC WA X MICHELLE WILLIAMS 7244582216 100 CAMPUS DRIVE GROVE CITY PA 16127 ALICE MORRE BATCHELDER ESQ TRUSTEE 0.50 X 0 0 0 J KENNETH BLACKWELL TRUSTEE 0.50 X 0 0 0 EDWARD D BREEN TRUSTEE 0.50 X 0 0 0 ELIZABETH BULETTE EDD TRUSTEE 0.50 X 0 0 0 JOHN CALHOUN TRUSTEE 0.50 X 0 0 0 DAVID CASHDOLLAR TRUSTEE 0.50 X 0 0 0 SAMUEL G CASOLARI JR ESQ TRUSTEE 1.00 X 0 0 0 ALEJANDRO CHAFUEN TRUSTEE 0.50 X 0 0 0 DIANE ELLIS TRUSTEE 0.50 X 0 0 0 DAVID FORNEY TRUSTEE 0.50 X 0 0 0 PHILIP GASIEWICZ TRUSTEE 2.00 X 0 0 0 LISA ADAMS GORDON TRUSTEE 0.50 X 0 0 0 JOSEPH GUMMEL TRUSTEE 0.50 X 0 0 0 DEBORAH HOLT TRUSTEE 0.50 X 0 0 0 CRAIG W JONES TRUSTEE 0.50 X 0 0 0 ROBB M JONES ESQ TRUSTEE 1.00 X 0 0 0 JOHN C MACKIE TRUSTEE 0.50 X 0 0 0 JODY LYNNE MATHIE MD TRUSTEE 0.50 X 0 0 0 ANNE M MCCLELLAND TRUSTEE 0.50 X 0 0 0 GLEN MEAKEM TRUSTEE 0.50 X 0 0 0 WILLIAM A MEHAFFEY TRUSTEE 0.50 X 0 0 0 RONALD H MILLER TRUSTEE 1.00 X 0 0 0 DOUGLAS MUETZEL TRUSTEE 0.50 X 0 0 0 DAWN M OWENS TRUSTEE 0.50 X 0 0 0 RALEIGH PETERS TRUSTEE 0.50 X 0 0 0 DAVID PORTER ESQ TRUSTEE 1.00 X 0 0 0 DAVID R RATHBURN TRUSTEE 6.00 X 0 0 0 DAN SANDMAN TRUSTEE 0.50 X 0 0 0 ARTHUR J SCHWAB ESQ TRUSTEE 1.00 X 0 0 0 MILTON W SHLAPAK TRUSTEE 0.50 X 0 0 0 WILLIAM STEWART TRUSTEE 0.50 X 0 0 0 ALLYSON BAIRD SVEDA TRUSTEE 0.50 X 0 0 0 DONALD C TEMPLIN TRUSTEE 0.50 X 0 0 0 DOUGLAS K WICKER TRUSTEE 0.50 X 0 0 0 CHARLOTTE A ZUSCHLAG TRUSTEE 1.00 X 0 0 0 TIMOTHY R BONNER ESQ COUNSEL 0.50 X 0 0 0 PAUL J MCNULTY JD PRESIDENT 40.00 X 365676 0 66851 LEE WISHING VICE PRESIDENT FOR STUDENT RECRUITMENT 40.00 X 117151 0 48111 MICHAEL BUCKMAN VICE PRESIDENT FOR BUSINESS AND FINANCE 40.00 X 144480 0 22599 JAMES LOPRESTI VICE PRESIDENT FOR OPERATIONS 40.00 X 117832 0 23014 VINCE DISTASI PHD VICE PRESIDENT AND CHIEF INFORMATION OFFICER 40.00 X 128233 0 35539 LARRY HARDESTY VICE PRESIDENT FOR STUDENT LIFE AND LEARNING 40.00 X 116911 0 22477 JOHN INMAN PHD VICE PRESIDENT FOR ENROLLMENT, REGISTRAR 40.00 X 117445 0 13772 JEFF PROKOVICH VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT 40.00 X 146806 0 16226 DAVID AYERS DEAN OF ARTS AND LETTERS 40.00 X 140936 0 27864 MARK REUBER PROFESSOR AND FIELD DIRECTOR OF INTERNATIONAL EDUC 40.00 X 128349 0 29623 PAUL KENGOR SENIOR CHIEF ACADEMIC FELLOW, CENTER FOR VISION AN 40.00 X 123491 0 60442 MYRON BRIGHT PROFESSOR OF ENGINEERING 40.00 X 128160 0 9479 YVONNE ENGLISH ASSISTANT PROFESSOR OF ENTREPRENEURSHIP, EXECUTIVE 40.00 X 121201 0 8698 ROBERT GRAHAM PHD VICE PRESIDENT AND PROVOST, FORMER 40.00 X 118365 0 28163 WILLIAM ANDERSON PHD VICE PRESIDENT AND PROVOST, FORMER 40.00 X 109532 0 15587 2124568 0 428445 35 1 1 0 BON APPETIT MANAGEMENT COMPANY 2730 SAND HILL ROAD SUITE 100 MENLO PARK CA 94025 FOOD SERVICE MGMT 5749264 LANDAU BUILDING COMPANY 9855 RINAMAN ROAD WEXFORD PA 15090 CONSTRUCTION SERVICES 1186184 MASONRY PRESERVATION SERVICES 7255 OLD BERWICK ROAD BLOOMSBURG PA 17815 CONSTRUCTION SERVICES 887000 S&N INDUSTRIES LLC 871 NEW CASTLE ROAD SLIPPERY ROCK PA 16057 CONSTRUCTION SERVICES 716710 VASCO SPORTS CONTRACTORS 4270 STERILITE ST SE MASSILLON OH 44646 CONSTRUCTION SERVICES 688378 13 18460882 4083388 18460882 ACADEMIC TUITION/FEES 611600 42797370 42797370 ROOM AND BOARD FEES 611710 20958889 20958889 BOOKSTORE 611710 1177903 1177903 64934162 1721087 1695417 25670 84413568 82314283 2099285 2099285 2099285 MISC INCOME 900099 653395 647533 5862 CONFERENCES 531390 356438 356438 1009833 88225249 69376397 387970 0 31666 31666 8205533 8205533 92775 92775 1224285 1077479 146806 29784605 22522495 6225761 1036349 2512995 1786945 624331 101719 3595061 2556932 892588 145541 2072100 1473375 514936 83789 42143 42143 150740 150740 32156 32156 841033 126605 685370 29058 755146 11345 454393 289408 1198059 580008 557949 60102 1924036 1323659 558357 42020 4429120 4205260 200389 23471 1019780 625260 309046 85474 324912 324912 10653229 9257406 1344349 51474 191269 191269 CONTRACT BOARD FEES 4665600 4665600 EQUIPMENT, MAINTENANCE, 1798596 1381588 397916 19092 BOOKSTORE MERCHANDISE 838021 838021 BOOKS AND MAGAZINES 809297 809297 2579139 1180158 1364678 34303 79771296 61865197 15725337 2180762 2175125 1959869 4909808 9810738 352512 298992 339289 312099 1697917 1769039 306423010 149766409 158770792 156656601 103331251 94279577 37736238 58092138 3237084 3240779 312550016 326419832 5076938 4185488 1765215 2044096 7242434 6207802 1971303 1689418 9538202 10415885 25594092 24542689 X 146836494 145366830 57494577 67074313 82624853 89436000 286955924 301877143 312550016 326419832 X 8453953 6877343 -410077 X X 1 X 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X EDUCATION 0 136634239 6936015 9080862 -8298308 3863503 148216311 121908756 10316422 9884834 -7457806 1982033 136634239 100720092 4236608 13769158 -6996964 815651 112544545 110327718 1395572 -3287058 6625587 1090553 98725760 110324817 2983778 -536489 -6520026 -1336768 104915312 1.00000 1 0 2883085 2883085 255080172 119077831 136002341 45677878 30688578 14989300 2781875 2781875 156656601 31890 C SECURITIES 58060248 F 58092138 LINE OF CREDIT 6195352 ACCRUED PENSION COSTS 3724535 CAPITAL LEASE OBLIGATIONS 495998 10415885 95102592 6877343 6877343 88225249 0 88225249 80181373 410077 410077 79771296 0 79771296 PART III, LINE 1A: THE COLLEGE HAS A COLLECTION OF ART, LITERARY WORKS, HISTORICAL TREASURES AND ARTIFACTS WHICH ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. THEY HAVE HISTORICALLY NOT BEEN DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED FOR FINANCIAL STATEMENT PURPOSES. PART V, LINE 4: THE COLLEGE'S ENDOWMENTS CONSIST OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENTS INCLUDE DONOR-RESTRICTED ENDOWMENT FUNDS. APPROXIMATELY 88% OF THE FUNDS ARE RESTRICTED FOR FINANCIAL AID PURPOSES, 9% FOR OPERATIONS, AND 3% FOR PHYSICAL PLANT. PART XII, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 370,077. CHANGE IN VALUE OF CHARITABLE TRUST 40,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENTS 1 EUROPE 0 2 PROGRAM SERVICES ACADEMIC INSTRUCTION 574439 SOUTH AMERICA 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 29550 CENTRAL AMERICA / CARRIBEAN 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 86238 EAST ASIA / PACIFIC 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 68241 MIDDLE EAST / NORTH AFRICA 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 185 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 2447 NORTH AMERICA 0 0 PROGRAM SERVICES ACADEMIC INSTRUCTION 6096 EUROPE 0 PROGRAM SERVICES FACULTY DEVELOPMENT 7177 NORTH AMERICA 0 PROGRAM SERVICES FACULTY DEVELOPMENT 6803 0 2 0 0 0 2 774373 6803 781176 SCHOLARSHIPS CENTRAL AMERICA / CARRIBEAN 2 6175 CREDIT ON ACCOUNT 0 N/A BOOK VALUE SCHOLARSHIPS EAST ASIA / PACIFIC 2 9100 CREDIT ON ACCOUNT 0 N/A BOOK VALUE SCHOLARSHIPS EUROPE 26 76900 CREDIT ON ACCOUNT 0 N/A BOOK VALUE SCHOLARSHIPS SOUTH AMERICA 1 600 CREDIT ON ACCOUNT 0 N/A BOOK VALUE 0 0 0 0 0 0 X X X X X 1 AMERICAN PHILANTHROPIC 119 N HIGH ST WEST CHESTER PA 193803012 0 0 18156 0 MARKETSMART LLC 6404 IVY LANE STE 110 GREENBELT MD 207701416 0 0 14000 0 32156 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 BOROUGH OF GROVE CITY PO BOX 110 GROVE CITY PA 16127 256000377 16666 0 CONTRIBUTION GROVE CITY AREA UNITED WAY PO BOX 388 GROVE CITY PA 16127 251488637 501(C)(3) 10000 0 CONTRIBUTION COALITION FOR CHRISTIAN OUTREACH 5912 PENN AVENUE PITTSBURGH PA 15206 251216330 501(C)(3) 5000 0 CONTRIBUTION 2 1 SCHOLARSHIPS 1446 8205533 0 BOOK VALUE N/A PART I, LINE 2: ALL SCHOLARSHIPS ARE PROVIDED AS A CREDIT TO THE STUDENT TO COVER CHARGES OF TUITION, ROOM AND BOARD, AND OTHER FEES RELATED TO THE COST OF ATTENDANCE. X X X X 1 1 X X X X 0 0 0 0 0 1 0 0 0 PAUL J MCNULTY JD PRESIDENT 335426 0 30250 0 0 0 21975 0 44876 0 432527 0 0 0 LEE WISHING VICE PRESIDENT FOR STUDENT RECRUITME 117151 0 0 0 0 0 6133 0 41978 0 165262 0 0 0 MICHAEL BUCKMAN VICE PRESIDENT FOR BUSINESS AND FINA 144480 0 0 0 0 0 11211 0 11388 0 167079 0 0 0 VINCE DISTASI PHD VICE PRESIDENT AND CHIEF INFORMATION 128233 0 0 0 0 0 9640 0 25899 0 163772 0 0 0 JEFF PROKOVICH VICE PRESIDENT FOR INSTITUTIONAL ADV 146806 0 0 0 0 0 11691 0 4535 0 163032 0 0 0 DAVID AYERS DEAN OF ARTS AND LETTERS 140936 0 0 0 0 0 11759 0 16105 0 168800 0 0 0 MARK REUBER PROFESSOR AND FIELD DIRECTOR OF INTE 128349 0 0 0 0 0 17081 0 12542 0 157972 0 0 0 PAUL KENGOR SENIOR CHIEF ACADEMIC FELLOW, CENTER 123491 0 0 0 0 0 8132 0 52310 0 183933 0 0 0 ROBERT GRAHAM PHD VICE PRESIDENT AND PROVOST, FORMER 118365 0 0 0 0 0 14077 0 14086 0 146528 0 0 0 WILLIAM ANDERSON PHD VICE PRESIDENT AND PROVOST, FORMER 109532 0 0 0 0 0 6888 0 8699 0 125119 0 0 0 PART I, LINE 6 THE PRESIDENTS' BONUS IS DETERMINED EACH YEAR BY CRITERIA SET FORTH BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES INCLUDING SUBJECTS SUCH AS: FUNDRAISING, FINANCIAL PERFORMANCE RELATED TO THE COLLEGE'S OPERATING BUDGET, STRATEGIC PLANNING OUTCOMES, AND ENROLLMENT TARGETS. THIS GENERAL BONUS AWARD IS A PERCENTAGE OF THE BASE COMPENSATION UP TO A MAXIMUM OF 10%. THE VICE PRESIDENT FOR BUSINESS AND FINANCE MAY RECEIVE A BONUS EACH YEAR WITH CRITERIA SET FORTH BY THE PRESIDENT INCLUDING SUBJECTS SUCH AS: STRATEGIC PLANNING OUTCOMES, RESOURCE MANAGEMENT, PROCESS IMPROVEMENT EFFICIENCIES, INCREASED REVENUE, WORKING CAPITAL MANAGEMENT, AND BUDGET MANAGEMENT. THIS GENERAL BONUS AWARD IS A PERCENTAGE OF THE BASE COMPENSATION UP TO A MAXIMUM OF 15%. LEE WISHING OFFICER 37400 TUITION REMISSION TUITION ASSISTANCE VINCENT DISTASI OFFICER 24723 TUITION GRANT/REMISSION TUITION ASSISTANCE JEFF PROKOVICH OFFICER 8965 TUITION GRANT/REMISSION TUITION ASSISTANCE JANICE INMAN SPOUSE OF CURRENT OFFICER 50850 REPORTABLE WAGES 0 X 2 0 X 0 X 48 3754567 HIGH/LOW AVERAGE X 1 285000 APPRAISAL X 59 0 X TRAVEL EXPENSE 13 24977 EXPENSE REPORT/RECEI X EQUIPMENT 2 13259 RETAIL VALUE X EVENT EXPENSE 13 5585 RECEIPTS 1 0 1 1 PART I, LINE 32B: UBS RECEIVES AND SELLS STOCK GIFTS. PART I, LINE 33: RELATED TO LINE 1: THE COLLEGE RECEIVED PAINTINGS ONLY OF VALUE TO THE INSTITUTION. RELATED TO LINE 4: THE COLLEGE RECEIVED MULTIPLE BOOKS SUCH AS BIOGRAPHIES AND ACADEMIC WORKS. RELATED TO LINE 18: THE COLLEGE RECEIVED MULTIPLE COLLECTIBLE ITEMS SUCH AS PHOTOS AND MEMORABILIA. FORM 990, PART VI, SECTION B, LINE 11B THE FORMS 990 AND 990-T ARE PREPARED BY THE FINANCIAL SERVICES DEPARTMENT, REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR BUSINESS AND FINANCE AS WELL AS THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. UPON THEIR APPROVALS, THE FORMS ARE PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND THEN REVIEWED AND FILED ELECTRONICALLY WITH THE IRS BY THE COLLEGE'S INDEPENDENT AUDITORS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S OFFICERS AND TRUSTEES MUST SUBMIT A QUESTIONNAIRE EACH YEAR BY AUGUST 31ST TO THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES REGARDING POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT FOR BUSINESS AND FINANCE PROVIDES THE PRESIDENT OF THE COLLEGE WITH A LIST OF CURRENT COMPENSATION FOR ALL OFFICERS ALONG WITH COMPENSATION SURVEY INFORMATION FOR COMPARABLE COLLEGES AND UNIVERSITIES. THE PRESIDENT THEN REVIEWS THIS INFORMATION AND MAKES COMPENSATION RECOMMENDATIONS FOR THE EIGHT VICE PRESIDENTS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S RECOMMENDATIONS AND DETERMINES THE COMPENSATION FOR THE ENSUING YEAR FOR EACH VICE PRESIDENT AND REPORTS THEIR DECISION TO THE BOARD OF TRUSTEES. THE COMPENSATION OF THE PRESIDENT IS REVIEWED WITH THE SAME COMPARABLE SURVEY INFORMATION, DETERMINED, AND APPROVED BY THE EXECUTIVE COMMITTEE AND THEN REVIEWED WITH AND APPROVED BY THE FULL BOARD OF TRUSTEES. THE APPROVAL OF SUCH COMPENSATION IS DOCUMENTED IN BOTH THE MINUTES OF THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THIS PROCESS IS UNDERTAKEN ANNUALLY FOR THE FOLLOWING POSITIONS (LAST UNDERTAKEN IN MAY 2019): PRESIDENT VICE PRESIDENT FOR ACADEMIC AFFAIRS AND PROVOST VICE PRESIDENT AND CHIEF INFORMATION OFFICER VICE PRESIDENT FOR OPERATIONS VICE PRESIDENT FOR STUDENT LIFE AND LEARNING VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT VICE PRESIDENT FOR BUSINESS AND FINANCE VICE PRESIDENT FOR ENROLLMENT AND REGISTRAR VICE PRESIDENT FOR STUDENT RECRUITMENT FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT PUBLICLY DISTRIBUTED BUT ARE AVAILABLE UPON REQUEST. THE SUMMARY FINANCIAL INFORMATION IS PUBLISHED ANNUALLY IN THE COLLEGE'S ANNUAL REPORT. THE COLLEGE MAKES FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED UNDER THE PUBLIC DISCLOSURE LAW. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -370,077. CHANGE IN VALUE OF CHARITABLE TRUST -40,000. FORM 990, PART XII, LINE 2C: THERE WERE NO SIGNIFICANT CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT.