UNIVERSITY STUDENT HOUSING: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY STUDENT HOUSING (EIN 82-0571540)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-03-01
- IRS object ID
- 201800609349300640
- Schema version
- 2016v3.0
- 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 | 2018-03-01T13:10:51-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | 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 | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820571540 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University Student Housing | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6104362868 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 CARTER DRIVE | AddressLine1Txt |
| City | West Chester | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19382 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Coffey | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 6104362868 | PhoneNum |
| Signature | 2018-02-28 | 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 |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 174.59.42.130 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-02-28 | IPDt |
| IP Tm | 21:53:50 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 41D52B76DFE0CA0C5E5ED141E25DBC48D8427C36 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | Susan Vanscovich | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 CARTER DRIVE | AddressLine1Txt |
| City | West Chester | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19382 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,816,060 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.wcuhousing.com | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | LLC | OtherOrganizationDsc |
| Formation | 2002 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | OWNS, CONSTRUCTS, MANAGES, AND MAINTAINS STUDENT HOUSING FACILITIES USED BY WEST CHESTER UNIVERSITY | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 110 | TotalEmployeeCnt |
| Total Volunteers | 335 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $28,493,521 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $29,405,896 | CYProgramServiceRevenueAmt |
| PY Investment Income | $320,679 | PYInvestmentIncomeAmt |
| CY Investment Income | $323,573 | CYInvestmentIncomeAmt |
| PY Other Revenue | $104,970 | PYOtherRevenueAmt |
| CY Other Revenue | $16,193 | CYOtherRevenueAmt |
| PY Total Revenue | $28,919,170 | PYTotalRevenueAmt |
| CY Total Revenue | $29,745,662 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $282,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,110,431 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,519,670 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,802,793 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,866,808 | PYOtherExpensesAmt |
| CY Other Expenses | $24,492,644 | CYOtherExpensesAmt |
| PY Total Expenses | $27,668,478 | PYTotalExpensesAmt |
| CY Total Expenses | $32,405,868 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,250,692 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,660,206 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $192,275,036 | TotalAssetsBOYAmt |
| Total Assets EOY | $185,095,360 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $254,330,070 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $239,399,749 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$62,055,034 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$54,304,389 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | UNIVERSITY STUDENT HOUSING was organized for the charitable, scientific and educational purposes exclusively for the benefit and support of the West Chester University Foundation, and as such owns, constructs, operates, manages, and maintains housing facilities for the benefit of West Chester University and its students. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,823,455 | ExpenseAmt |
| Grant | $5,110,431 | GrantAmt |
| Revenue | $29,405,896 | RevenueAmt |
| Desc | University Student Housing, LLC ("USH") operates and manages student housing facilities for 2,962 residents for the benefit of West Chester University of Pennsylvania ("WCU"). USH manages five comfortable resident communities located on the West Chester University campus. USH is responsible for the day-to-day management of the communities. The Residence Life staff for each community handles all student-related issues and is managed by WCU. All USH communities are patrolled and monitored by WCU Public Safety. Each USH community features private and semi-private air-conditioned suites, an on-site fitness center, spacious student lounges and game rooms, free laundry at the residence halls, cable TV and Ethernet service, and full kitchen and vending areas. | Desc |
| Total Program Service Expenses | $31,823,455 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | 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 | 0 | 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 110 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jennifer Coffey CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6104362534 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 Carter Drive | AddressLine1Txt |
| City | West Chester | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19382 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Keith Beale | ||||||||
| PREsident | 0.20 | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| THOMAS E MILLS IV | ||||||||
| VICE President | 0.20 | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Sandra F Mather | ||||||||
| Secretary | 0.20 | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER J DIGIUSEPPE | ||||||||
| TReasurer | 0.20 | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FRANK BRANCA | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| COLONEL DEBORAH J CHASE | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| DAVID A GANSKY | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CARL GERSBACH | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JOHN A GONTARZ | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL O'ROURKE | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R PANICHELLO | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| PAULA D SHAFFNER ESQ | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE WARREN | ||||||||
| TRUSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| James P Argires | ||||||||
| trusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| J Alan Butcher | ||||||||
| Trustee | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Michael Peich | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| James Shinehouse | ||||||||
| Trustee | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JOhn h baker | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| David Holveck | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Kathleen Leidheiser | ||||||||
| TrustEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Tahany Naggar | ||||||||
| TrustEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| John N Nickolas | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Donald E Leisey | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MILLIE CASSIDY | ||||||||
| TruSTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Roger Ware | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| DR MAURY HOBERMAN | ||||||||
| TrusTEE | 0.20 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| Richard T Przywara | ||||||||
| Executive Director | 24.50 | 13.00 | Yes (X) | $115,889 | $63,847 | $34,784 | ||
| terESA JOHN | ||||||||
| ASST TREASURER (RES. jULY '16) | 18.70 | 18.80 | Yes (X) | $71,730 | $69,274 | $36,000 | ||
| Jennifer Coffey | ||||||||
| Chief FInancial Officer | 2.90 | 34.60 | Yes (X) | $6,904 | $75,949 | $37,305 | ||
| michael selby | ||||||||
| DIRECTOR OF HOUSING | 40.00 | $125,279 | $0 | $17,882 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $319,802 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $209,070 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $125,971 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | 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 |
|---|---|---|---|---|---|
| WEST CHESTER UNIVERSITY | |||||
| 700 S HIGH STREET | WEST CHEster | PA | 19383 | PUBLIC SAFETY, resid life, telecom | $1,834,478 |
| Sodexo Inc & Affiliates | |||||
| PO Box 360170 | Pittsburgh | PA | 15251 | Janitorial Services | $1,385,003 |
| Budget Maintenance Construction Services | |||||
| 1045 Boot Road | Downingtown | PA | 19335 | Cleaning/Painting | $396,291 |
| SimplexGrinnell LP | |||||
| Dept CH10320 | Palatine | IL | 60055 | Fire System Services | $357,330 |
| ARAMARK | |||||
| 1101 MARKET STREET | PHILADELPHIA | PA | 19107 | JANITORIAL SERVICES | $260,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | student housing revenue | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $29,405,896 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,405,896 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $29,405,896 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $323,573 | TotalRevenueColumnAmt |
| Exclusion | $323,573 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $80,516 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $70,398 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,118 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,118 | TotalRevenueColumnAmt |
| Exclusion | $10,118 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| LINEN commissions | 900099 | $3,860 | $3,860 |
| Misc Income | 900099 | $2,215 | $2,215 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,075 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,745,662 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,405,896 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $339,766 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,906,055 | TotalAmt |
| Program Services | $4,906,055 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,376 | TotalAmt |
| Program Services | $204,376 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,824 | TotalAmt |
| Management And General | $249,824 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,056,923 | TotalAmt |
| Program Services | $1,850,818 | ProgramServicesAmt |
| Management And General | $206,105 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,171 | TotalAmt |
| Program Services | $52,532 | ProgramServicesAmt |
| Management And General | $20,639 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,474 | TotalAmt |
| Program Services | $253,592 | ProgramServicesAmt |
| Management And General | $22,882 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,401 | TotalAmt |
| Program Services | $129,812 | ProgramServicesAmt |
| Management And General | $16,589 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,947 | TotalAmt |
| Program Services | $23,947 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,374 | TotalAmt |
| Management And General | $66,374 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,374,097 | TotalAmt |
| Program Services | $1,374,097 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,463 | TotalAmt |
| Program Services | $105,463 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,164 | TotalAmt |
| Program Services | $169,164 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,323 | TotalAmt |
| Program Services | $157,323 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,982,059 | TotalAmt |
| Program Services | $11,982,059 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,852 | TotalAmt |
| Program Services | $3,852 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,243,292 | TotalAmt |
| Program Services | $8,243,292 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,603 | TotalAmt |
| Program Services | $186,603 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Public Safety | $1,123,108 | $1,123,108 |
| Residence Life | $799,439 | $799,439 |
| Shuttle | $86,294 | $86,294 |
| Laundry Expense | $64,769 | $64,769 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,860 | TotalAmt |
| Program Services | $106,860 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,405,868 | TotalAmt |
| Program Services | $31,823,455 | ProgramServicesAmt |
| Management And General | $582,413 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,900 | BOYAmt |
| EOY | $400 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,596,642 | BOYAmt |
| EOY | $27,001,162 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $869,933 | BOYAmt |
| EOY | $881,553 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $371,949 | BOYAmt |
| EOY | $396,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $203,336,475 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $54,409,446 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,087,475 | BOYAmt |
| EOY | $148,927,029 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,832,126 | BOYAmt |
| EOY | $7,842,643 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,515,011 | BOYAmt |
| EOY | $45,641 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,275,036 | BOYAmt |
| EOY | $185,095,360 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,857,092 | BOYAmt |
| EOY | $3,819,746 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,359,666 | BOYAmt |
| EOY | $1,277,601 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,499,144 | BOYAmt |
| EOY | $177,328,172 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $27,686,144 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,614,168 | BOYAmt |
| EOY | $29,288,086 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254,330,070 | BOYAmt |
| EOY | $239,399,749 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$62,055,034 | BOYAmt |
| EOY | -$54,304,389 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$62,055,034 | BOYAmt |
| EOY | -$54,304,389 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,275,036 | BOYAmt |
| EOY | $185,095,360 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,660,206 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $10,410,851 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WCU FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 233054174 | EIN |
| Organization Type | 5 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $4,872,855 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $4,872,855 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, schedule a, part iv, section a, line 6: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION SUPPLIES HOUSING FACILITIES TO A STATE-SUPPORTED UNIVERSITY, WEST CHESTER UNIVERSITY (WCU). ITS FACILITIES ARE DORMITORIES FOR STUDENTS ATTENDING WCU. THE INFLUX OF YOUNG PEOPLE EACH YEAR STRAINS THE LOCAL POLICE FORCE, WHICH HIRES A LOCAL SECURITY FIRM TO HANDLE THE INCREASED INTERACTION BETWEEN STUDENT CITIZENS AND LAW ENFORCEMENT. THE ORGANIZATION SUPPORTS THE LOCAL BOROUGH OF POLICE BY CONTRIBUTING TO THE BOROUGH'S POLICE DEPARTMENT AS A GESTURE OF GOODWILL. THE ORGANIZATION CONSIDERS THE CONTRIBUTION TO BE AN EXTENSION OF ITS SUPPORT FOR ITS SUPPORTED ORGANIZATION, WEST CHESTER UNIVERSITY FOUNDATION AND WCU. | ExplanationTxt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $193,184,210 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,464,589 | DepreciationAmt |
| Book Value | $145,719,621 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $105,080 | OtherCostOrOtherBasisAmt |
| Depreciation | $52,013 | DepreciationAmt |
| Book Value | $53,067 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,047,185 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,892,844 | DepreciationAmt |
| Book Value | $3,154,341 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $148,927,029 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Rate Swap Liability | $23,086,679 |
| due to west chester university foundation | $4,575,360 |
| DUE TO WEST chester university | $1,626,047 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,288,086 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,226,911 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $10,410,851 | OtherRevenueAmt |
| Revenue Not Reported | $10,410,851 | RevenueNotReportedAmt |
| Revenue Subtotal | $29,816,060 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$70,398 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$70,398 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $29,745,662 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,476,266 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $70,398 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $70,398 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,405,868 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $32,405,868 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | Management has evaluated substantive tax positions taken by the Foundation as of June 30, 2017 and 2016. 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 no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the non-recognition of an existing tax benefit. As of June 30, 2017 and 2016, the Foundation had no material unrecognized tax benefits or liabilities. THE organization'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR 2016, 2015, AND 2014 REMAIN SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE DATE THE RETURNS WERE FILED. |
| Part XI, Line 2d - Other Adjustments: | Change in fair value of interest rate swap liability 10,410,851. |
| Part XI, Line 4b - Other Adjustments: | RENTAL EXPENSE -70,398. |
| Part XII, Line 2d - Other Adjustments: | RENTAL EXPENSE 70,398. |
| Schedule D, Parts XI, XII and XIII: | THE ORGANIZATION DID NOT PARTICIPATE IN SEPARATE, STAND-ALONE AUDITED FINANCIAL STATEMENTS. CONSOLIDATING SCHEDULES ARE LOCATED IN THE BACK OF THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. SCHEDULE D PARTS XI, XII, AND XIII, ALTHOUGH NOT REQUIRED, HAVE BEEN PREPARED TO RECONCILE THESE CONSOLIDATING SCHEDULES TO THE FINANCIAL INFORMATION ON THIS FORM 990. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|
| borough of WEST CHESTER | |||||||
| 401 E GAY STREET | WEST CHESTER | PA | 19380 | 236002957 | $33,000 | TO FUND A security patrol program DURING HIGH STUDENT ACTIVITY | |
| WEST CHESTER UNIVERSITY FOUNDATION | |||||||
| 202 CARTER DRIVE | WEST CHESTER | PA | 19382 | 233054174 | $4,872,855 | SUPPORT WCUF'S CHARITABLE PURPOSE | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships | 74 | $166,000 |
| Subsidized Housing | $38,376 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | USH provided funding to the Borough of West Chester for a security firm to provide security patrols within the Borough. The Borough provides support for the expenditures and is in communication with USH on a regular basis. USH provides housing scholarships to students of West Chester University (WCU) by working in collaboration with the WCU Financial Aid office. The WCU Financial Aid office selects the housing scholarship recipients and determines the amounts awarded. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | Yes (1) | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Richard T Przywara | ||||||||||||||
| Executive Director | $108,208 | $58,266 | $3,131 | $3,131 | $4,550 | $2,450 | $9,690 | $5,217 | $12,920 | $6,957 | $138,499 | $76,021 | $0 | $0 |
| terESA JOHN | ||||||||||||||
| ASST TREASURER (RES. jULY '16) | $41,303 | $41,303 | $2,456 | $0 | $27,971 | $27,971 | $5,421 | $5,421 | $12,579 | $12,579 | $89,730 | $87,274 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3 | Compensation for officers is determined by a related organization, West Chester University Foundation. Methods include the use of a compensation committee, Forms 990 of other organizations, compensation surveys or studies, and approval by the board or compensation committee. |
| Part I, Line 4a | A former office received severance payments. |
| Part I, Line 7 | The Executive Director's contract provides for the following bonuses: 1. Annual bonus based on the amount of gift income received above the established total fundraising goal for each year. The amount is based on exceeding certain thresholds. 2. Annual bonus based on the occupancy results for University Student Housing-owned residence halls. The amount of bonus is based upon occupancy thresholds. 3. Bonus at the completion of a housing construction project if the certificate of occupancy is received prior to the scheduled student move-in day. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CHESTER County Industrial Development Authority | ||||||||
| A | 232667137 | 16559PAT2 | 2013-03-05 | $58,599,809 | SEE PART VI | 0 | 0 | 0 |
| Chester County Industrial Development Authority | ||||||||
| B | 232667137 | 16559PAW5 | 2014-11-03 | $96,938,953 | see PART VI | 0 | 0 | 0 |
| Chester County Industrial Development Authority | ||||||||
| C | 232667137 | 2016-05-19 | $19,241,435 | Current Refunding of Bonds Issued 8/28/12 | 0 | 0 | 0 | |
| Chester County Industrial Development Authority | ||||||||
| D | 232667137 | 2016-05-19 | $38,205,000 | Current Refunding of Bonds Issued 9/5/13 | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $29,825,304 | $58,599,809 | $1,867,500 | $3,449,067 | $1,000,281 | $49,068,091 | $3,214,870 | 2014 | 0 | 0 | Yes (1) | Yes (1) |
| B | $2,587,392 | $96,938,953 | $838,953 | $96,100,000 | 2009 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| C | $468,332 | $19,241,435 | $19,241,435 | 2013 | Yes (1) | 0 | Yes (1) | Yes (1) | ||||
| D | $1,440,000 | $38,205,000 | $38,205,000 | 2004 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | |
| C | 0 | Yes (1) | Yes (1) | 0 | 0.01070 | 0.00000 | 0.01070 | 0 | 0 | Yes (1) | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line2GICProviderName/BusinessNameLine2Txt | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NATIXIS FUNDING | ||||||||||||
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | CORP | 1.900000000000 | Yes (1) | 0 | Yes (1) |
| citigroup financial | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | 10.000000000000 | Yes (1) | 0 | Yes (1) | |
| (no name) | ||||||||||||
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Date Rebate Computation Performed | Issuer Name: Chester County Industrial Development Authority Date the Rebate Computation was Performed: 03/01/2017 Issuer Name: Chester County Industrial Development Authority Date the Rebate Computation was Performed: 03/01/2017 |
| Schedule K Supplental Information | Part I, column (f): Bond A: Current refunding of bonds issued March 5, 2013. BOND B: BUILDING PROJECTS |
| form schedule K: | Bond C: Part I, column (c): New bond issue had two series: cusip #16559paw5 and 16559pax3. Bond C: PART I, COLUMN (F): CURRENT REFUNDING OF BONDS ISSUED FEBRUARY 1, 2012. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee is composed of the officers of UNIVERSITY STUDENT HOUSING, the President of West Chester University (WCU), the Vice President for Advancement OF WCU, the Vice President for Administration and Finance, and the Executive Director of WCU Foundation. The Executive Committee is authorized to act for the Board between its regular meetings. The Executive Committee has and may exercise all of the powers and authority of the Board in the management of UNIVERSITY STUDENT HOUSING, LLC. |
| Form 990, Part VI, Section A, line 6 | The sole member of University Student Housing, LLC is the West Chester University Foundation, a tax-exempt organization. |
| Form 990, Part VI, Section A, line 7a | The Board consists of six ex-officio members and twenty-SIX other members, who are divided into three approximately equal classes. The term of office of one class expires each year. Each class is elected by the Board for terms of three years. Each manager, excluding Ex-Officio managers, is entitled to one vote. |
| Form 990, Part VI, Section A, line 7b | The organization's sole member, West Chester University Foundation, has certain rights, including the following: 1) The organization may be dissolved upon the decision of the sole member. 2) The organization's operating agreement shall not be amended without the consent of the sole member. |
| Form 990, Part VI, Section B, line 11b | The Chief Financial Officer reviews the 990 draft in detail and changes are sent to the tax preparer. Once the final 990 has been approved by the Chief Financial Officer, the draft 990 is provided to each manager for review and comments in advance of the filing deadline. |
| Form 990, Part VI, Section B, line 12c | Annually conflict-of-interest forms are completed by each manager disclosing circumstances that might dissuade them from acting in the best interest of University Student Housing. In addition, managers shall make prompt and full disclosure to the Board of a prospective situation that may involve a conflict of interest as soon as that conflict is known. This disclosure should be made a matter of the record, either through an annual procedure or when the interest becomes a matter of Board action. If a conflict of interest should arise, the Executive Director and the Board Member should promptly resolve the matter and the resolution should be recorded in the minutes of the Board. managers with conflicts shall remove themselves from negotiations, decisions, deliberations, or votes involving the conflict. This shall not be construed as preventing the manager from stating his position in the matter or from answering pertinent questions from the Board when his/her knowledge may be of assistance. family and business relationships are explicitly mentioned in the policy as sources of potential conflicts. Managers and employees are expected to volunteer conflicts of interest as they arise to the Executive Director. The Executive Director determines whether a conflict of interest exists, and requests the manager or employee to recuse himself from topics and voting on issues related to the conflict. |
| Form 990, Part VI, Section B, line 15 | THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED IN ADVANCE BY THE BOARD OF TRUSTEES' NOMINATING AND HUMAN RESOURCE COMMITTEE. PRIOR TO MAKING THE DETERMINATION, THE COMMITTEE OBTAINS COMPENSATION DATA OF AT LEAST THREE COMPARABLE ORGANIZATIONS IN SIMILAR COMMUNITIES FOR SIMILAR SERVICE. IN ADDITION, BOARD MEMBERS ARE INVITED TO OFFER FEEDBACK TO THE COMMITTEE ON THE PERFORMANCE-BASED GOALS ESTABLISHED FOR THE POSITION. THE COMMITTEE DOCUMENTS THE BASIS FOR ITS DECISION CONCURRENTLY WITH MAKING THE DETERMINATION. COMPENSATION IS DEFINED IN THE EXECUTIVE DIRECTOR'S THREE-YEAR EMPLOYMENT CONTRACT. IN DECEMBER 2012, A THREE-YEAR CONTRACT WAS EXECUTED FOR THE PERIOD JULY 1, 2013 THROUGH JUNE 30, 2016 AND IN DECEMBER 2015, A THREE-YEAR CONTRACT WAS EXECUTED FOR THE PERIOD JULY 1, 2016 THROUGH JUNE 30, 2019. The Chief Financial Officer and other key employee compensation is evaluated by the board as part of the process used to determine the compensation for the organization's employees. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy, and financial statements are available to the public upon request. |
| Form 990, Part XI, line 9: | change in fair value of interest rate swap liability 10,410,851. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | West Chester University Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 Carter Drive | AddressLine1Txt |
| City | West Chester | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19382 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 233054174 | EIN |
| Primary Activities | support for west chester university of pennsylvania | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 5 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |