WILLIAMSON COLLEGE OF THE TRADES: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAMSON COLLEGE OF THE TRADES (EIN 23-1352691)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-02-01
- IRS object ID
- 201920329349300837
- Schema version
- 2017v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-01T13:20:13-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 4500 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037341 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352691 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMSON COLLEGE OF THE TRADES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 6105661776 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 S NEW MIDDLETOWN ROAD | AddressLine1Txt |
| City | MEDIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190635299 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD ZACHARY | PersonNm |
| Person Title | SENIOR VP & CHIEF OF STAFF | PersonTitleTxt |
| Phone | 6105661776 | PhoneNum |
| Signature | 2019-01-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIUS C GREEN CPA | PreparerPersonNm |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.89.178.154 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-01-30 | IPDt |
| IP Tm | 12:15:42 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9D0D8DD59390B7764A3ECE0F40BBFE3618018605 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL ROUNDS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 S NEW MIDDLETOWN ROAD | AddressLine1Txt |
| City | MEDIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190635299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $166,250,022 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WILLIAMSON.EDU | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1888 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE QUALIFIED YOUNG MEN TO BE RESPECTED LEADERS AND PRODUCTIVE MEMBERS OF THE SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 134 | TotalEmployeeCnt |
| Total Volunteers | 151 | TotalVolunteersCnt |
| Total Gross UBI | -$809 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$809 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,695,945 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,254,667 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,405,925 | PYInvestmentIncomeAmt |
| CY Investment Income | $34,057,041 | CYInvestmentIncomeAmt |
| PY Other Revenue | $85,084 | PYOtherRevenueAmt |
| CY Other Revenue | $115,011 | CYOtherRevenueAmt |
| PY Total Revenue | $15,186,954 | PYTotalRevenueAmt |
| CY Total Revenue | $47,426,719 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,893,204 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,283,586 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,001,013 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,068,747 | PYOtherExpensesAmt |
| CY Other Expenses | $4,387,624 | CYOtherExpensesAmt |
| PY Total Expenses | $8,961,951 | PYTotalExpensesAmt |
| CY Total Expenses | $9,671,210 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,225,003 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $37,755,509 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $143,452,918 | TotalAssetsBOYAmt |
| Total Assets EOY | $155,198,244 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,733,459 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,991,798 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $140,719,459 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $153,206,446 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WILLIAMSON COLLEGE OF THE TRADES PREPARES QUALIFIED YOUNG MEN TO BE RESPECTED LEADERS AND PRODUCTIVE MEMBERS OF THE SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,051,725 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | TO ACCOMPLISH THE MISSION, WILLIAMSON GRATUITOUSLY PROVIDES STUDENTS WITH ACADEMIC, TRADE, TECHNICAL, MORAL AND RELIGIOUS EDUCATION, AND A LIVING ENVIRONMENT BASED ON THE JUDEO-CHRISTIAN PERSPECTIVE THAT FOSTERS THE VALUES OF FAITH, INTEGRITY, DILIGENCE, EXCELLENCE, AND SERVICE WITHOUT CHARGING FOR TUITION, ROOM, OR BOARD. WILLIAMSON'S VISION IS THAT OF MEN BUILDING A BETTER WORLD BY BUILDING BETTER FAMILIES, ORGANIZATIONS, AND COMMUNITIES.EDUCATIONAL PROGRAM PROVIDING FULL SCHOLARSHIPS FOR APPROXIMATELY 250 QUALIFIED YOUNG MEN. EXPENSES ARE FOR TRAINING IN A TRADE AND FOR GENERAL EDUCATION COURSES. CONTINUED ON SCHEDULE "O".PROGRAMS OF STUDY INCLUDE CONSTRUCTION MANAGEMENT - CARPENTRY; CONSTRUCTION MANAGEMENT - MASONRY; PAINT & COATINGS TECHNOLOGY; MACHINE TOOL TECHNOLOGY; POWER PLANT TECHNOLOGY; AND HORTICULTURE, LANDSCAPING AND TURF MANAGEMENT. EXPENSES INCLUDE SALARIES, EMPLOYEE BENEFITS, EDUCATIONAL SUPPLIES AND ALLOCATED GENERAL EXPENSES FOR THESE EDUCATIONAL PROGRAMS. APPROXIMATELY 74% OF STUDENTS GRADUATE, AND APPROXIMATELY 98% OF GRADUATES FIND GAINFUL EMPLOYMENT IN THEIR TRADE OF TRAINING WITHIN TWO YEARS OF GRADUATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,040,855 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | BOARD, LODGING AND HEALTH SERVICE: STUDENTS ARE REQUIRED TO LIVE ON CAMPUS. MEALS, HOUSING, AND MEDICAL FACILITIES ARE PROVIDED AT THE COLLEGE'S EXPENSE. A SIGNIFICANT PORTION IS ALLOCATED TO SALARIES FOR THESE SERVICES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $146,874 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACTIVITY EXPENSES: THESE EXPENSES RELATE TO SOCIAL FUNCTIONS FOR THE STUDENTS AND ATHLETIC COSTS. COSTS ARE INCURRED FOR REFRESHMENT, ENTERTAINMENT AND ATHLETIC EQUIPMENT, SUPPLIES, AND COACHING SALARIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $6,239,454 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 57 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 134 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREGORY L LINDEMUTH CPA CFO & VP RESOURCE MGMT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6105661776 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 S NEW MIDDLETOWN ROAD | AddressLine1Txt |
| City | MEDIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190635299 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| WILLIAM J BONENBERGER | |||||||
| CHAIRMAN | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ARTHUR J LALLO | |||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN T LAWTON | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLIAM B STRINE | |||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN F BARNES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD G CLEMENS ESQ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS J DAVEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN J KELLY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD W LIGHTY PHD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWIN B MAHONEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VINCENT B MANCINI | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS L OTT PE PP CCP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL T PIOTROWICZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER A SCHELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD F STORM | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN W STUCKEY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY L TURNER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID W WATSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES J OBERMEIER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS J GOEKE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES SIMPSONS | |||||||
| TRUSTEE (TERM 06/30/18) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J ROUNDS PE | |||||||
| PRESIDENT | 40.00 | Yes (X) | $149,034 | $0 | $60,476 | ||
| GREGORY L LINDEMUTH CPA | |||||||
| CFO & VP RESOURCE MGMT. | 40.00 | $107,258 | $0 | $57,112 | Yes (X) | ||
| ARLENE A SNYDER | |||||||
| VP ADVANCEMENT | 40.00 | $143,110 | $0 | $10,843 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $399,402 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $128,431 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WOHLSEN CONSTRUCTION COMPANY | |||||
| P O BOX 4612 | LANCASTER | PA | 17604 | GENERAL CONTRACTOR ROWAN HALL PROJECT | $1,837,133 |
| GOOD PLUMBING HEATING AC INC | |||||
| 737 HAGEY CTR DR UT D | SOUDERTON | PA | 18964 | PLUMBING CONTRACTOR | $411,386 |
| GOLDHORN ELECTRICAL CONSTRUCTION | |||||
| 20 COMMERCE DRIVE | ASTON | PA | 19014 | ELECTRICAL CONTRACTOR | $351,007 |
| INDIAN VALLEY MASONRY CO INC | |||||
| 51 N SECOND STREET | SOUDERTON | PA | 18964 | MASONRY CONTRACTOR | $283,992 |
| TERRASOL ENERGIES INC | |||||
| P O BOX 748202 FILE 748202 | LOS ANGELES | CA | 900748202 | SOLAR PANELS AND INSTALLATION | $218,455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $13,254,667 | AllOtherContributionsAmt |
| Noncash Contributions | $5,983,876 | NoncashContributionsAmt |
| Total Contributions | $13,254,667 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,670,303 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$809 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,671,112 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,045 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,045 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,045 | TotalRevenueColumnAmt |
| Exclusion | $2,045 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $150,075,873 | SecuritiesAmt |
| Other | $82,488 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $118,580,245 | SecuritiesAmt |
| Other | $191,378 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,495,628 | SecuritiesAmt |
| Other | -$108,890 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,386,738 | TotalRevenueColumnAmt |
| Exclusion | $31,386,738 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $59,604 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $51,680 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,924 | TotalRevenueColumnAmt |
| Exclusion | $7,924 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| SUMMER TRAINING | 900099 | $17,910 | $17,910 |
| STUDENT GOVERNMENT | 900099 | $14,564 | $14,564 |
| PARKING FEES | 900099 | $8,871 | $8,871 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,697 | TotalRevenueColumnAmt |
| Exclusion | $63,697 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $105,042 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,426,719 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$809 | UnrelatedBusinessRevenueAmt |
| Exclusion | $34,172,861 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,256 | TotalAmt |
| Program Services | $44,814 | ProgramServicesAmt |
| Management And General | $44,814 | ManagementAndGeneralAmt |
| Fundraising | $89,628 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,904,454 | TotalAmt |
| Program Services | $2,518,091 | ProgramServicesAmt |
| Management And General | $903,162 | ManagementAndGeneralAmt |
| Fundraising | $483,201 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,334 | TotalAmt |
| Program Services | $132,788 | ProgramServicesAmt |
| Management And General | $47,218 | ManagementAndGeneralAmt |
| Fundraising | $24,328 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,439 | TotalAmt |
| Program Services | $448,632 | ProgramServicesAmt |
| Management And General | $162,169 | ManagementAndGeneralAmt |
| Fundraising | $89,638 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,103 | TotalAmt |
| Program Services | $186,008 | ProgramServicesAmt |
| Management And General | $68,466 | ManagementAndGeneralAmt |
| Fundraising | $40,629 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,850 | TotalAmt |
| Management And General | $42,850 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,130 | TotalAmt |
| Management And General | $465,130 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,118 | TotalAmt |
| Program Services | $61,059 | ProgramServicesAmt |
| Management And General | $61,059 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,180 | TotalAmt |
| Program Services | $5,045 | ProgramServicesAmt |
| Management And General | $5,045 | ManagementAndGeneralAmt |
| Fundraising | $10,090 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,340 | TotalAmt |
| Management And General | $28,340 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,042,560 | TotalAmt |
| Program Services | $903,587 | ProgramServicesAmt |
| Management And General | $110,720 | ManagementAndGeneralAmt |
| Fundraising | $28,253 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,282 | TotalAmt |
| Program Services | $209,986 | ProgramServicesAmt |
| Management And General | $25,730 | ManagementAndGeneralAmt |
| Fundraising | $6,566 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $1,525,473 | $1,008,099 | $312,157 | $205,217 |
| MAINTENANCE | $896,191 | $721,345 | $151,383 | $23,463 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,671,210 | TotalAmt |
| Program Services | $6,239,454 | ProgramServicesAmt |
| Management And General | $2,430,743 | ManagementAndGeneralAmt |
| Fundraising | $1,001,013 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,520 | BOYAmt |
| EOY | $2,855 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,161,660 | BOYAmt |
| EOY | $1,949,890 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,073,714 | BOYAmt |
| EOY | $2,452,993 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,195 | BOYAmt |
| EOY | $58,200 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$15,356 | BOYAmt |
| EOY | -$20,811 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,978,119 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,222,920 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,732,651 | BOYAmt |
| EOY | $22,755,199 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,701,800 | BOYAmt |
| EOY | $119,775,535 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $400,788 | BOYAmt |
| EOY | $830,901 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,318,946 | BOYAmt |
| EOY | $7,393,482 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,452,918 | BOYAmt |
| EOY | $155,198,244 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,216,693 | BOYAmt |
| EOY | $1,516,629 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,766 | BOYAmt |
| EOY | $475,169 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,733,459 | BOYAmt |
| EOY | $1,991,798 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,625,455 | BOYAmt |
| EOY | $30,871,190 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,531,683 | BOYAmt |
| EOY | $28,360,135 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,562,321 | BOYAmt |
| EOY | $93,975,121 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,719,459 | BOYAmt |
| EOY | $153,206,446 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,452,918 | BOYAmt |
| EOY | $155,198,244 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $37,755,509 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$25,488,087 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $219,565 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $110,055,678 | BeginningYearBalanceAmt |
| Contributions | $7,183,287 | ContributionsAmt |
| Investment Earnings Or Losses | $7,350,233 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,714,305 | OtherExpendituresAmt |
| End Year Balance | $118,874,893 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $106,041,477 | BeginningYearBalanceAmt |
| Contributions | $462,034 | ContributionsAmt |
| Investment Earnings Or Losses | $9,148,322 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,596,155 | OtherExpendituresAmt |
| End Year Balance | $110,055,678 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $106,568,031 | BeginningYearBalanceAmt |
| Contributions | $5,063,191 | ContributionsAmt |
| Investment Earnings Or Losses | -$321,971 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,267,774 | OtherExpendituresAmt |
| End Year Balance | $106,041,477 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,402,789 | BeginningYearBalanceAmt |
| Contributions | $30,386 | ContributionsAmt |
| Investment Earnings Or Losses | $2,381,220 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,246,364 | OtherExpendituresAmt |
| End Year Balance | $106,568,031 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $98,562,416 | BeginningYearBalanceAmt |
| Contributions | $37,881 | ContributionsAmt |
| Investment Earnings Or Losses | $15,993,870 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,191,378 | OtherExpendituresAmt |
| End Year Balance | $109,402,789 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04580 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.78360 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.17060 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $559,753 | OtherCostOrOtherBasisAmt |
| Book Value | $559,753 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,912,385 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,943,998 | DepreciationAmt |
| Book Value | $13,968,387 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,956,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,233,280 | DepreciationAmt |
| Book Value | $2,723,038 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,549,663 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,045,642 | DepreciationAmt |
| Book Value | $5,504,021 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $22,755,199 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY OBLIGATIONS | Desc |
| Amt | $475,169 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $475,169 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $21,853,637 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$25,488,087 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$246,374 | OtherRevenueAmt |
| Revenue Not Reported | -$25,734,461 | RevenueNotReportedAmt |
| Revenue Subtotal | $47,588,098 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$161,379 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$161,379 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $47,426,719 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,366,650 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $160,570 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $160,570 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,206,080 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $465,130 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $465,130 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,671,210 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS PROVIDE REVENUE TO OPERATE THE COLLEGE. |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED SUBSTANTIVE TAX POSITIONS TAKEN BY THE COLLEGE AS OF JUNE 30, 2018 AND 2017. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE-LIKELY-THAN-NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A LIKELIHOOD OF BEING REALIZED ON EXAMINATION OF MORE THAN 50 PERCENT. FOR TAX POSITIONS NOT MEETING THE "MORE-LIKELY-THAN-NOT" TEST, NO TAX BENEFIT IS RECORDED. MANAGEMENT BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS EXIST, EITHER INDIVIDUALLY OR IN THE AGGREGATE, THAT WOULD GIVE RISE TO THE NON-RECOGNITION OF AN INCOME TAX LIABILITY. AS OF JUNE 30, 2018 AND 2017, THE COLLEGE HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS OR LIABILITIES. THE COLLEGE'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE YEARS ENDED JUNE 30, 2017, 2016, AND 2015 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THE DATE THE RETURN WAS FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF PERPETUAL TRUSTS 221,689. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS 5,815. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -8,748. INVESTMENT EXPENSES NETTED TO REVENUES ON THE FINANCIALS -465,130. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD SCHOOL STORE -51,680. LOSS ON DISPOSAL OF ASSETS -108,890. UBI LOSS FROM PARTNERSHIP INVESTMENTS -809. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD SCHOOL STORE 51,680. LOSS ON DISPOSAL OF ASSETS 108,890. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES NETTED TO REVENUES ON THE FINANCIALS 465,130. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | ADVERTISING AND STUDENT RECRUITMENT MEDIA CLEARLY STATE THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL J ROUNDS PE | ||||||||||||||
| PRESIDENT | $149,034 | $0 | $0 | $0 | $0 | $0 | $10,150 | $0 | $50,326 | $0 | $209,510 | $0 | $0 | $0 |
| GREGORY L LINDEMUTH CPA | ||||||||||||||
| CFO & VP RESOURCE MGMT. | $107,258 | $0 | $0 | $0 | $0 | $0 | $7,700 | $0 | $49,412 | $0 | $164,370 | $0 | $0 | $0 |
| ARLENE A SNYDER | ||||||||||||||
| VP ADVANCEMENT | $143,110 | $0 | $0 | $0 | $0 | $0 | $9,994 | $0 | $849 | $0 | $153,953 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | A HOUSING ALLOWANCE, SOCIAL CLUB DUES, AND PERSONAL SEVICES WERE PROVIDED TO MICHAEL ROUNDS (PRESIDENT) STRICTLY FOR BUSINESS PURPOSES. A HOUSING ALLOWANCE WAS ALSO PROVIDED TO GREGORY LINDEMUTH (CFO). THESE AMOUNTS WERE NOT INCLUDED AS TAXABLE COMPENSATION. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,983,876 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | NUMBER OF CONTRIBUTIONS IN PART I, COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS OF THE PARTICULAR ITEM. |
| PART I, LINE 32B: | THE ORGANIZATION HIRES A LICENSED REAL ESTATE BROKER TO MARKET AND SELL GIFTED REAL ESTATE THAT IS NOT PART OF THE EXISTING COLLEGE CAMPUS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES, AUDIT COMMITTEE, AND PRESIDENT FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER AND OTHER INTERESTED PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY 2. HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY 3. HAS AGREED TO COMPLY WITH THE POLICY EACH BOARD MEMBER AND OTHER INTERESTED PERSON SHALL ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT NOTING ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. ALL COMPLETED CONFLICT OF INTEREST ANNUAL DISCLOSURE STATEMENTS ARE RETURNED TO THE CHIEF FINANCIAL OFFICER TO REVIEW AND MONITOR FOR COMPLIANCE WITH THE POLICY. IF A CONFLICT EXISTS, THE BOARD WILL RECOMMEND AN ADEQUATE MECHANISM FOR OVERCOMING THE CONFLICT SUCH AS ABSTAINING FROM DISCUSSION AND VOTE ON ANY TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PERSONNEL COMMITTEE AND BOARD OF TRUSTEES EVALUATE AND SET THE PRESIDENT'S AND OFFICERS' COMPENSATION USING VARIOUS EVALUATION METHODS SUCH AS EVALUATION OF SALARY SURVEYS AND MARKET RATES FOR THE INDUSTRY. THESE ACTIONS ARE RECORDED IN THE OFFICIAL MINUTES OF THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF PERPETUAL TRUSTS 221,689. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS 5,815. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -8,748. UBI LOSS FROM PARTNERSHIP INVESTMENTS 809. |