2019-05-15T18:41:17-05:00 2018-06-30 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2017-07-01 910570848 JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE JMPE 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 CHRISTINE COTE PRESIDENT 5094530374 2019-05-15 1 EMINA O CRESSWELL CPA P01217304 5092487750 2019-05-09 12.129.7.100 2019-05-15 16:02:12 PD P 4723DE7E335FA267673D9B80227867D419EDE0C1 C96F15E91551BFB057D7740D910768FE520FD508 2017 2019-02-21 02:37:17Z CHRISTINE COTE 2011 W WASHINGTON AVE YAKIMA WA 98903 17844206 0 X WWW.PERRYTECH.EDU X 1939 WA TO PROVIDE FUNDS FOR THE OPERATION OF PERRY TECHNICAL INSTITUTE - A NON-PROFIT VOCATIONAL SCHOOL. 3 3 208 188 0 0 152906 487494 12411936 12934111 657544 539460 143522 70712 13365908 14031777 0 45062 0 0 8409380 9142971 0 0 0 4233554 4325464 12642934 13513497 722974 518280 42099281 43914682 8347979 8778458 33751302 35136224 TO PROVIDE INDUSTRY WITH WELL-TRAINED PEOPLE WHO ARE MOTIVATED TO WORK AS TEAM MEMBERS TO MEET THE NEEDS OF INDUSTRY IN OUR RAPIDLY EVOLVING TECHNOLOGICAL WORLD. 0 0 9176540 45062 13004928 PERRY TECHNICAL INSTITUTE SERVES THE NEEDS OF A VARIETY OF INDUSTRIES BY EQUIPPING STUDENTS WITH STRONG TECHNICAL SKILLS AND POSITIVE WORK HABITS. FACULTY MEMBERS WITH EXTENSIVE EXPERIENCE IN INDUSTRY PROVIDE SPECIALIZED CLASSROOM INSTRUCTION AND HANDS-ON LAB EXPERIENCES. OVER 700 STUDENTS ARE ENROLLED IN PERRY'S 13 TRAINING PROGRAMS. PTI'S RETENTION RATE IS 85% AND THE JOB PLACEMENT RATE IS 90%. IN 2016, PERRY COMPLETED THE REACCREDIDATION PROCESS, RESULTING IN FULL ACCREDIDATION WITH NO FINDINGS. 9176540 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 75 0 1 208 1 0 0 0 0 0 1 1 0 0 0 1 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 X CATHY STERBENZ DIRECTOR OF FINANCE 5094530374 2011 WEST WASHINGTON AVE YAKIMA WA 98903 TERRY SCHMALZ TRUSTEE 2.00 X 0 0 0 CURTIS KING TRUSTEE 2.00 X 0 0 0 JAKE JUNDT TRUSTEE 2.00 X 0 0 0 CHRISTINE COTE PRESIDENT 40.00 1.00 X 195162 0 19075 CATHY STERBENZ DIRECTOR OF FINANCE 40.00 1.00 X 110262 0 13855 NATHAN HULL DEAN OF EDUCATION 40.00 X 108435 0 14972 413859 0 47902 3 0 1 0 JENZABAR INC PO BOX 55018 BOSTON MA 022055018 SOFTWARE 167780 MARK HELMS CONSTRUCTION 601 HARRISON ROAD SELAH WA 98942 CONSTRUCTION 105871 2 142262 345232 258808 487494 TUITION 611519 12757480 12757480 WORK ORDERS 611519 173231 173231 CONT. EDUCATION & OTHER 611519 3400 3400 12934111 481663 481663 5749 5854 -105 -105 -105 3668160 29833 3640196 0 27964 29833 57797 57797 231118 166379 64739 64739 MISCELLANEOUS REVENUE 611519 6078 6078 6078 14031777 13004928 0 539355 45062 45062 352916 352916 6697455 5336425 1361030 322720 263701 59019 1147007 852845 294162 622873 460449 162424 3257 3257 82730 5730 77000 74450 74450 259700 51069 208631 138334 9825 128509 103220 36175 67045 58830 53215 5615 59826 32391 27435 198027 198027 1079301 293176 786125 SUPPLIES 774950 683083 91867 BUILDING COSTS 616466 419122 197344 SOFTWARE 295806 49255 246551 LAB COSTS 234303 234303 346264 276264 70000 13513497 9176540 4336957 0 3658022 4653974 2235100 2087913 1143674 970950 64123 71532 265961 180837 32731294 13701231 18848893 19030063 15325440 16025423 558068 893990 42099281 43914682 642074 1352501 4410408 3777098 3295497 3648859 8347979 8778458 X 33267226 34700063 484076 436161 33751302 35136224 42099281 43914682 518280 866642 0 X 0 1 X 1 1 1 X 6516389 315520 343527 6488382 6260204 588964 309823 22956 6516389 6412430 126488 258187 20527 6260204 6788881 -26390 305385 44676 6412430 6373751 760330 332622 12578 6788881 0.00000 0.87000 0.13000 0 1 1 92056 92056 27569890 10221059 17348831 4461349 3480172 981177 607999 607999 19030063 UNEARNED TUITION 3508082 DEFERRED COMPENSATION 140777 3648859 X PART V, LINE 4: ENDOWMENT FUNDS RAISE FUNDS FOR SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS AND TO ASSURE THE LONG TERM STABILITY AND EXISTENCE OF PERRY TECHNICAL INSTITUTE. PART X, LINE 2: PERRY TECHNICAL INSTITUTE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME TAX UNDER SECTIONS 511 THROUGH 515. IN ACCORDANCE WITH REQUIREMENTS RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS, THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018 AND 2017. THE INSTITUTE FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTIONS. IN ADDITION, THE INSTITUTE HAS NO MATERIAL UNRELATED BUSINESS INCOME SUBJECT TO TAX AT JUNE 30, 2018 AND 2017. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL STUDENT SOLICITATION CONTAINS THE NON-DISCRIMINATORY POLICY OF THE INSTITUTE. SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL STUDENT FINANCIAL AID FOR THE DIRECT BENEFIT OF QUALIFIED STUDENTS. 0 PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON AVE YAKIMA WA 98903 943188041 501(C)(3) 45062 TO PROVIDE FUNDS FOR PROGRAM MANAGEMENT. 1 0 X 0 0 0 0 0 0 0 1 0 CHRISTINE COTE PRESIDENT 160162 0 35000 0 0 0 10951 0 8124 0 214237 0 0 0 PART I, LINE 7 THE PRESIDENT IS AWARDED A BONUS. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE BONUS FOR THE PRESIDENT. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 2007-10-26 5000000 FOR CONSTRUCTION OF AN EDUCATIONAL FACILITY 0 0 0 A 4265549 4265549 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, SCHEDULE K, PART II, LINE 3 THE AMOUNT LISTED ON PART II, LINE 3, TOTAL PROCEEDS OF ISSUE IS DIFFERENT FROM PART I, COLUMN E, ISSUE PRICE DUE TO $734,451 OF PRINCIPAL PAYMENTS MADE ON THE BOND. X PROGRAM EQUIPMENT 29 292808 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AT A TRUSTEE MEETING BEFORE THE FORM WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED ANNUALLY. MANAGEMENT PROVIDES THE POLICY TO EMPLOYEES TO COMMUNICATE ITS IMPORTANCE AND ADDRESS ANY ISSUES THAT MAY ARISE. IF AN ISSUE IS NOTED, THAT PERSON IS EXCUSED FROM CONVERSATIONS AND DECISIONS THAT MAY BE IMPACTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15B THE ORGANIZATION USES THE WASHINGTON STATE AND FEDERAL WAGE DATABASES, AS WELL AS THE PUBLIC INFORMATION ON WAGES FROM STATE COLLEGES, TO DETERMINE APPROPRIATE WAGE LEVELS FOR ALL EMPLOYEES EXCEPT THE PRESIDENT. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE COMPENSATION FOR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON YAKIMA WA 98903 943188041 TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE WA 501(C)(3) 509(A)(3) JM PERRY INSTITUTE OF TRADES INDUSTRIES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS NAME OF RELATED ORGANIZATION: PERRY TECHNICAL FOUNDATION PRIMARY ACTIVITY: TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS DIRECT CONTROLLING ENTITY: J.M. PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE