2017-02-06T07:39:07-06:00 2016-06-30 232108173 RKL LLP PO BOX 8408 LANCASTER PA 176048408 990 2015-07-01 232180252 STUDENT LODGING INC STUD 7178717632 MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 GEOFFREY BEERS CEO 7178717632 2017-01-12 1 JAMES H OSTROWSKI CPA P00039033 7173945666 2017-01-12 2015 2021-01-29 14:40:06Z GEOFFREY BEERS 21 SOUTH GEORGE STREET MILLERSVILLE PA 17551 6198735 0 X STUDENTLODGINGINC.COM X 1981 PA TO PROVIDE SAFE, AFFORDABLE, OFF-CAMPUS HOUSING FOR MILLERSVILLE UNIVERSITY STUDENTS. 13 12 0 14 0 0 0 0 6106396 6172491 116 -43087 24137 23571 6130649 6152975 104789 152218 0 0 90286 95143 0 0 0 5401093 5381724 5596168 5629085 534481 523890 31990641 34174374 26075725 28317134 5914916 5857240 TO PROVIDE SAFE, AFFORDABLE, AND CONVENIENT OFF-CAMPUS HOUSING FOR MILLERSVILLE UNIVERSITY STUDENTS. 0 0 5254404 152218 5599939 STUDENT LODGING, INC OWNS AND MAINTAINS TWO RESIDENCE HALLS, APARTMENT COMPLEXES, AND OTHER RENTAL UNITS THAT PROVIDE HOUSING EXCLUSIVELY FOR STUDENTS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA. 5254404 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X KATHLEEN SEARS CORPORATE SECRETARY 7178717620 21 SOUTH GEORGE STREET MILLERSVILLE PA 17551 ROBERT SLABINSKI CHAIRPERSON 0.10 X X 95143 0 0 PHILIP LOHT VICE CHAIRPERSON 0.10 X X 0 0 0 ROBERT SHOPE TREASURER 0.10 X X 0 0 0 GEOFFREY BEERS CHIEF EXECUTIVE OFFICER 18.50 X X 0 0 0 ABRAM DIFFENBACH DIRECTOR 0.10 X 0 0 0 TY ESPENSHADE DIRECTOR 0.10 X 0 0 0 CATHERINE C GLASS DIRECTOR 0.10 X 0 0 0 GEORGE HAUBER DIRECTOR 0.10 X 0 0 0 ANTHONY JADUS STUDENT REPRESENTATIVE 0.10 X 0 0 0 STEPHEN KEPCHAR DIRECTOR 0.10 X 0 0 0 JUSTIN PIERRE STUDENT REPRESENTATIVE 0.10 X 0 0 0 ANDREW TEPPER STUDENT REPRESENTATIVE 0.10 X 0 0 0 MICHAEL G WARFEL DIRECTOR 0.10 X 0 0 0 LATISHA BRIAN DIRECTOR OF FINANCE & ACCO 18.50 X 0 0 0 ROBERT J SEMPSEY CHIEF BUSINESS OFFICER 18.50 X 0 0 0 KATHLEEN SEARS SECRETARY 0.10 X 0 0 0 95143 0 0 0 0 0 0 BENCHMARK CONSTRUCTION COMPANY INC 4121 OREGON PIKE BROWNSTOWN PA 17508 CONSTRUCTION SERVICES 2135543 MURRAY SECURUS 454 NEW HOLLAND AVE SUITE 300 LANCASTER PA 17602 INSURANCE PREMIUMS 296401 STUDENT SERVICES INC MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 MANAGEMENT SERVICES 273374 DIVISION 09 CONTRACT FLOORING 3731 PRICETOWN ROAD FLEETWOOD PA 19522 INSTALLATION SERVICES 161613 4 APARTMENT RENTALS 532000 6172491 6172491 6172491 873 873 1800 45760 -43960 -43960 -43960 WASHER/DRYER COMMISSIO 812300 14557 14557 MISCELLANEOUS REVENUE 900099 9014 9014 23571 6152975 6181505 0 -28530 152218 152218 95143 95143 273374 273374 39792 39792 27806 27806 33516 33516 556327 556327 1550 1550 25690 25690 193 193 815246 815246 1534012 1534012 470612 470612 UTILITIES 445342 445342 REPAIRS AND MAINTENANCE 390530 390530 REAL ESTATE TAXES 333707 333707 STUDENT ORGANIZATION SU 150000 150000 284027 284027 5629085 5254404 374681 0 651 650 1458448 1622316 749562 842671 3482 3482 187086 191454 45294441 16038269 27610532 29256172 251358 486684 1729522 1770945 31990641 34174374 1264519 1126277 184714 181328 23725950 25598002 900542 1411527 26075725 28317134 X 5914916 5857240 5914916 5857240 31990641 34174374 X 523890 -581566 X X 0 1 X 1 0 X 5835534 5865638 6131675 6115148 5599939 29547934 14616 11168 9014 15385 14557 64740 5850150 5876806 6140689 6130533 5614496 29612674 0 0 0 29612674 822 590 5952 933 873 9170 822 590 5952 933 873 9170 5850972 5877396 6146641 6131466 5615369 29621844 0.99970 0.99970 0.00030 0.00030 X 2841420 2841420 41031862 14934907 26096955 1179701 869077 310624 241458 234285 7173 29256172 CONSTRUCTION IN PROGRESS 1770945 1770945 SECURITY DEPOSITS 829961 INTEREST RATE SWAP 581566 1411527 X 5562395 -581566 -581566 6143961 9014 9014 6152975 5620071 0 5620071 9014 9014 5629085 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -581,566. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF MISCELLANEOUS INCOME 9,014. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF MISCELLANEOUS INCOME 9,014. 0 MILLERSVILLE BOROUGH 100 MUNICIPAL DRIVE MILLERSVILLE PA 17551 236003125 170(C)(1) 5539 GENERAL PURPOSE MILLERSVILLE UNIVERSITY MILLERSVILLE UNIVERSITY OF PA MILLERSVILLE PA 17551 232397926 501(C)(3) 133429 GENERAL PURPOSE MILLERSVILLE UNIVERSITY FOUNDATION DUNCAN ALUM HS 207 N GEORGE ST MILLERSVILLE PA 17551 236435616 501(C)(3) 10000 GENERAL PURPOSE 3 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE ORGANIZATION WAS DELEGATED TO STUDENT SERVICES, INC. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE FINANCE COMMITTEE BEFORE IT IS FILED. A COPY OF THE 990 IS ALSO DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C STUDENT LODGING DOES NOT HAVE ANY EMPLOYEES. HOWEVER, ALL BOARD MEMBERS ARE MONITORED BY HUMAN RESOURCES AND THE PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 AT THIS TIME, THE ORGANIZATION HAS NO PAID EMPLOYEES. HOWEVER, THE POLICY IN PLACE FOR ANY FUTURE PAID EMPLOYEES INCLUDES RECOMMENDATIONS FOR COMPENSATION TO TOP MANAGEMENT AND KEY EMPLOYEES BEING SUBMITTED TO THE FINANCE COMMITTEE AND THE FINANCE COMMITTEE'S ENDORSEMENT BEING PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THESE ORGANIZATIONAL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -581,566. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND REVIEW OF THE ORGANIZATION'S AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.