2017-04-21T08:08:11-05:00 2016-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2015-07-01 231657958 NEUMANN UNIVERSITY NEUM 6105585503 ONE NEUMANN DRIVE ASTON PA 190141298 MR GENE MCWILLIAMS VP FINANCE & ADMIN 6105585503 2017-04-20 1 JULIUS C GREEN CPA P00350393 2159720701 2015 2021-01-29 14:40:06Z MR GENE MCWILLIAMS ONE NEUMANN DRIVE ASTON PA 190141298 115650376 0 X WWW.NEUMANN.EDU X 1965 PA TO MAINTAIN AND OPERATE A COLLEGE FOR THE LIBERAL EDUCATION OF MEN AND WOMEN. 29 28 1100 14 67965 -13779 3560546 6459527 67371597 65737073 1589717 1258018 1093374 1098108 73615234 74552726 18626338 18251178 0 0 26975840 27067492 21875 22727 1568530 26305382 24987927 71929435 70329324 1685799 4223402 132134588 134835469 42058091 44116781 90076497 90718688 X NEUMANN UNIVERSITY EDUCATES A DIVERSE COMMUNITY OF LEARNERS BASED UPON THE BELIEF THAT KNOWLEDGE IS A GIFT TO BE SHARED IN THE SERVICE OF OTHERS AND THAT LEARNING IS A LIFELONG PROCESS. 0 0 60512339 18251178 65743013 NEUMANN UNIVERSITY IS A PRIVATE, CATHOLIC, FRANCISCAN, CO-EDUCATIONAL UNIVERSITY.FALL ENROLLMENT (FULL TIME AND PART TIME) FOR 2016 WAS 3,011 STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN A BROAD RANGE OF SUBJECTS. GRADUATE DEGREES INCLUDE THREE DOCTORAL PROGRAMS AND SIX MASTER OF SCIENCE PROGRAMS. STUDENT ACTIVITIES INCLUDE NUMEROUS CLUB ACTIVITIES, ART AND MUSICAL GROUPS, AND NINETEEN SPORTS TEAMS.FACULTY AND STUDENTS HAVE BEEN RECOGNIZED BY MANY ORGANIZATIONS FOR THEIR RESPECTIVE CONTRIBUTIONS TO ACADEMIC EXCELLENCE AND COMMUNITY SERVICE. DURING THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY PROVIDED STUDENTS WITH FINANCIAL AID FROM INTERNAL RESOURCES OF APPROXIMATELY $18,200,000, WHICH REPRESENTED ABOUT 31% OF GROSS TUITION AND FEE REVENUE FOR THE YEAR. 60512339 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 93 0 1 1100 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 28 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO KY ME MD MA MI NH NY OH OK OR WA PA SC X GENE MCWILLIAMS VP FINANCE & ADMIN 6105585503 ONE NEUMANN DRIVE ASTON PA 190141298 DR ROSALIE M MIRENDA PRESIDENT 50.00 X X 399950 0 25427 PETER ABESSINIO TRUSTEE 1.00 X 0 0 0 SR ESTHER ANDERSON OSF TRUSTEE 1.00 X 0 0 0 ANN BAIADA VICE CHAIR 1.00 X X 0 0 0 MSGR FEDERICO BRITTO TRUSTEE 1.00 X 0 0 0 THOMAS BRUDER JR TRUSTEE 1.00 X 0 0 0 RENOLD J CAPOCASALE TRUSTEE 1.00 X 0 0 0 TERESA COFFEY '83 '96 TRUSTEE 1.00 X 0 0 0 JAMES DELANEY CHAIR 1.00 X X 0 0 0 DEACON DANIEL DELUCCA TRUSTEE 1.00 X 0 0 0 JAY DEVINE TRUSTEE 1.00 X 0 0 0 THOMAS DUGAN TRUSTEE 1.00 X 0 0 0 SR MARY FARRELL OSF TRUSTEE 1.00 X 0 0 0 JOHN C FORD TRUSTEE 1.00 X 0 0 0 REGINA HANEY EDD TRUSTEE 1.00 X 0 0 0 SR BETH HOWE OSF TRUSTEE 1.00 X 0 0 0 FRANK J JANTON TRUSTEE 1.00 X 0 0 0 RICHARD KLINEBURGER III '92 TRUSTEE 1.00 X 0 0 0 MICHAEL KRANCER TRUSTEE 1.00 X 0 0 0 SALVATORE J MATTERA '07 '09 TRUSTEE 1.00 X 0 0 0 MARTIN F MCKERNAN JR TRUSTEE 1.00 X 0 0 0 MSGR JOSEPH MCLOONE TRUSTEE 1.00 X 0 0 0 MARIAN MOSKOWITZ '91 TRUSTEE 1.00 X 0 0 0 JEFF MULLEN TRUSTEE 1.00 X 0 0 0 THOMAS PHIAMBOLIS TRUSTEE 1.00 X 0 0 0 FRANCIS PILEGGI TRUSTEE 1.00 X 0 0 0 SR MARIE ANGELA PRESENZA OSF SECRETARY 1.00 X X 0 0 0 CHARLES H RAMSEY TRUSTEE (UNTIL MAR 2016) 1.00 X 0 0 0 SR CHRISTA MARIE THOMPSON OSF TRUSTEE 1.00 X 0 0 0 MICHAEL TIERNEY TRUSTEE 1.00 X 0 0 0 DIANNA DALE VP SAEM 40.00 X 143797 0 17126 JOSEPH GORMAN UNTIL 63016 VP FINANCE & ADMIN 40.00 X 140491 0 8955 GENE MCWILLIAMS AS OF 63016 VP FINANCE & ADMIN 40.00 X 0 0 0 DAVID BROWNLEE VP HUMAN RESOURCES 40.00 X 126786 0 16681 STEVEN BELL EXEUCUTIVE DIRECTOR PUBLIC 40.00 X 102136 0 15147 HENRY SUMNER VP IAUR 40.00 X 124496 0 26848 DAVID O'LEARY EXECUTIVE DIR. ITR 40.00 X 114592 0 15943 KATHLEEN HOOVER DEAN NURSING & HS 40.00 X 114076 0 19739 LAWRENCE BURGEE DEAN BUS & INFO MGMT 40.00 X 142486 0 27886 ALFRED MUELLER DEAN ARS & SCIENCE 40.00 X 110515 0 25986 MEHDI HOJJAT BUSINESS FACULTY 40.00 X 121266 0 15979 ARDESHIR SHAHMAEI BUSINESS FACULTY 40.00 X 119373 0 16312 1759964 0 232029 17 0 1 0 JOHN S MCMANUS INC PO BOX 418 CHESTER HEIGHTS PA 19017 CONSTRUCTION MANAGEMENT SERVICES 4379488 SODEXO OPERATIONS LLC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2380867 ARAMARK PO BOX 33170 NEWARK NJ 07188 FACILITY SERVICES 2093963 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 CAMPUS SECURITY SERVICES 1787465 KOVATCH LANDSCAPING PO BOX 2147 ASTON PA 19014 LANDSCAPING SERVICES 224029 5 171443 135125 2155733 3997226 2512513 6459527 TUITION AND FEES 611310 58439533 58439533 ROOM AND BOARD 611310 7297540 7297540 65737073 556039 207 555832 76365 6607 69758 69758 67965 1793 41245651 40543672 701979 701979 701979 124247 171443 125578 -1331 -1331 881021 421793 459228 459228 CHILD DEVELOPMENT CENTER 611310 252778 252778 MEAL REVENUE 722210 155509 155509 RESIDENCE REVENUE 531390 49814 49814 112352 5733 106619 570453 74552726 65743013 67965 2282221 X 18251178 18251178 2154655 1168171 868271 118213 18831822 16450608 1597923 783291 812331 674283 81252 56796 3852972 2501815 1221428 129729 1415712 1223762 126793 65157 77368 77368 72340 72340 26299 26299 22727 22727 8075553 6143342 1815482 116729 864221 748804 115016 401 2422759 1863049 410762 148948 112931 59259 53672 2535100 2277593 257507 530444 471123 53998 5323 83005 66580 11250 5175 1851003 1851003 3255077 3255077 631552 631552 FOOD 1930796 1930796 OTHER EDUCATION EXPENSE 652705 259719 392986 LIBRARY EXPENSES 488127 488127 ENTERTAINMENT 312116 208446 68308 35362 1066531 619604 392547 54380 70329324 60512339 8248455 1568530 40691 6859 18556308 17322630 418421 561170 182954 201926 159699 191509 413505 447505 358207 1209149 132601211 52131077 77499327 80470134 31637860 30031319 1175203 1175203 1692413 1740111 0 1477954 132134588 134835469 2875544 3211229 416882 313572 37173658 39077418 1592007 1514562 42058091 44116781 X 76784685 77019370 5620272 5420405 7671540 8278913 90076497 90718688 132134588 134835469 X 4223402 -1079238 -2501973 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 26299 26299 0 PART II-B, LINE 1: NEUMANN UNIVERSITY HAS RETAINED THE SERVICES OF GREENLEE, INC. AND MARY SHIELDS GOVERNMENT RELATIONS, LLC FOR THE PURPOSE OF LOBBYING ACTIVITIES TO ACQUIRE FEDERAL AND STATE GRANTS AND APPROPRIATIONS. THE FEES FOR THESE SERVICES FOR THE YEAR ENDED 6/30/2016 ARE $10,049 AND $16,250, RESPECTIVELY. 28205381 607373 137240 183036 748745 28018213 27614546 602930 849353 170296 691152 28205381 24238106 520326 3649001 157169 635718 27614546 22292818 538560 2111900 134894 570278 24238106 21765924 344193 713767 120821 410245 22292818 0.62880 0.29550 0.07570 0 0 2318097 2318097 99011180 25968856 73042324 16962101 15418385 1543716 14309833 10743836 3565997 80470134 STUDENT DEOSITS AND ADVANCE PAYMENTS 1455012 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 59550 1514562 X 53274315 -1079238 -20753151 -21832389 75106704 -553978 -553978 74552726 52632124 553978 553978 52078146 18251178 18251178 70329324 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE FOR SCHOLARSHIPS, OPERATING COSTS, AND FUTURE CAPITAL PROJECTS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON THE FINANCIALS -18,251,178. LOSS ON REFUNDING OF DEBT -2,501,973. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES -421,793. FUNDRAISING EXPENSES -125,578. RENTAL EXPENSES -6,607. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES 421,793. FUNDRAISING EXPENSES 125,578. RENTAL EXPENSES 6,607. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON THE FINANCIALS 18,251,178. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NON-DISCRIMINATORY POLICY APPEARS IN ALL ADVERTISEMENTS AND THE STUDENT AFFAIRS HANDBOOK. SCHEDULE E, PART I, LINE 6 NEUMANN UNIVERSITY RECEIVES PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY (PHEAA) INSTITUTIONAL ASSISTANCE FUNDS AS WELL AS FUNDS FROM THE DEPARTMENT OF EDUCATION AND THE STATE OF DELAWARE FOR FINANCIAL AID TO STUDENTS. X X X X X X X 1 RUFFALONOELEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 PHONE SOLICITATIONS 0 38787 22727 21394 38787 22727 21394 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS NH NJ NM NY NC ND OH PA RI SC TN UT VA WA WI WV OK OR DC SCHOLARSHIP GALA 221070 141367 79703 1558 5900 55737 3750 14089 "EVENING IN" 54975 26101 28874 28874 1 19645 3975 15670 15670 295690 171443 124247 1558 5900 100281 3750 14089 125578 -1331 1 STUDENT AID 1581 18251178 PART I, LINE 2: NEUMANN UNIVERSITY'S PROCESS FOR MONITORING FINANCIAL AID AND MONITORING GRANT FUNDS IS A COMBINATION OF PROCEDURES INVOLVING THE FOLLOWING OFFICES; FINANCIAL AID, INSTITUTIONAL ADVANCEMENT, REGISTRAR, AND THE BUSINESS OFFICE. INSTITUTIONAL ADVANCEMENT AND THE FINANCIAL AID OFFICE AWARD SCHOLARSHIPS AND GRANTS ACCORDING TO THE SPECIFICATIONS/REQUIREMENTS OF THE SPECIFIC AWARD. THE FINANCIAL AID OFFICE, REGISTRAR, AND BUSINESS OFFICE COORDINATE THE AWARDING AND DOCUMENTATION OF FINANCIAL AID TO INCLUDE ELIGIBILITY OF FINANCIAL AID, NOTIFICATION OF STUDENTS, CHANGE OF STATUS, AND RECONCILEMENT OF STUDENT ACCOUNTS. X X 0 0 0 0 0 0 0 0 0 DR ROSALIE M MIRENDA PRESIDENT 399950 0 0 0 0 0 15820 0 9607 0 425377 0 0 0 DIANNA DALE VP SAEM 143797 0 0 0 0 0 7963 0 9163 0 160923 0 0 0 HENRY SUMNER VP IAUR 124496 0 0 0 0 0 8067 0 18781 0 151344 0 0 0 LAWRENCE BURGEE DEAN BUS & INFO MGMT 142486 0 0 0 0 0 9045 0 18841 0 170372 0 0 0 A DELAWARE COUNTY AUTHORITY 231973437 246009MT0 2010-11-10 26382471 REFUND 1998A AND 2001 BOND ISSUES 0 0 0 B DELAWARE COUNTY AUTHORITY 231973437 246008NU6 2016-01-28 18625494 CONSTRUCTION FINANCING & ADVANCED REFUNDING OF 2008 BONDS 0 0 0 A 5607471 26382471 399269 25983202 2011 1 1 1 1 B 18625494 16248491 343600 558449 2036402 2016 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0 0 0 B 0 0 1 1 0 0.01000 0.01000 0 0 0 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART III, LINE 9 THE ORGANIZATION DOES NOT HAVE ANY NONQUALIFIED BONDS. X 1 2512513 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE UNIVERSITY CONSIST OF THE CONGREGATIONAL MINISTER AND THE COUNCIL OF THE RELIGIOUS CONGREGATION OF THE SISTERS OF SAINT FRANCIS OF PHILADELPHIA. FORM 990, PART VI, SECTION A, LINE 7A SISTERS OF SAINT FRANCIS RESERVE THE POWER TO CHOOSE THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B THE SISTERS OF SAINT FRANCIS HAVE CERTAIN RESERVE POWER REGARDING DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS SHARED WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. AFTER FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, A FINAL COPY IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE FORM 990 IS FILED. THE ANNUAL FEDERAL NON-PROFIT TAX RETURN FORM, IRS FORM 990, APPLICABLE TO NEUMANN UNIVERSITY, IS COMPLETED AND SUBMITTED TO THE IRS BY THE NEUMANN UNIVERSITY ADMINISTRATION THROUGH THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE UNIVERSITY PRESIDENT AND GENERAL COUNSEL REVIEW THE SIGNED STATEMENTS AND HANDLE ANY CONFLICTS OF INTEREST. INDIVIDUALS WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT HAS A CONTRACT WITH A TERM OF THREE YEARS. THE PRESIDENT'S COMPENSATION IS REVIEWED BY A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS (EVERY THREE YEARS) INCLUDES A REVIEW OF PEER COMPENSATION (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) - HUMAN RESOURCES SURVEY), THE UNIVERSITY'S MISSION AND VISION, ECONOMIC CLIMATE FOR THE REGION, AND THE ACHIEVEMENT OF GOALS AS CONTAINED IN THE STRATEGIC PLAN. WHEN THIS PROCESS IS COMPLETED, THE PRESIDENT'S COMPENSATION IS DECIDED AND INCLUDED IN THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF TRUSTEES. INCREASE IN COMPENSATION IS CONSISTENT FOR ALL KEY EMPLOYEES AND OFFICERS OF NEUMANN UNIVERSITY AND INCLUDED IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PERCENTAGE INCREASE FOR UNIVERSITY EMPLOYEES IS A COMBINATION OF ECONOMIC CONDITIONS FOR THE REGION AND THE CUPA SURVEY. THIS REVIEW IS DOCUMENTED CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 ACCESS TO THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL NOT BE UNREASONABLY WITHHELD. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 4,896,504. MANAGEMENT AND GENERAL EXPENSES 451,642. FUNDRAISING EXPENSES 116,729. TOTAL EXPENSES 5,464,875. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 270,322. MANAGEMENT AND GENERAL EXPENSES 555,681. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 826,003. HOUSEKEEPING CONTRACTS: PROGRAM SERVICE EXPENSES 976,516. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 976,516. A/R COLLECTION EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 808,159. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 808,159. FORM 990, PART XI, LINE 9: LOSS ON REFUNDING OF DEBT -2,501,973. SISTERS OF ST FRANCIS OF PHILADELPHIA 609 S CONVENT ROAD ASTON PA 19014 CONGREGATION OF CATHOLIC WOMEN RELIGIOUS PA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0