2017-07-14T10:25:18-05:00 2016-08-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2015-09-01 251094922 POINT PARK UNIVERSITY POIN 4123923992 201 WOOD STREET PITTSBURGH PA 15222 BRIDGET MANCOSH SR VP OF FINANCE & OPERATIONS 4123923992 2017-07-14 1 SUSAN M KIRSCH P00341397 4122613644 2015 2021-01-29 14:40:06Z DR PAUL HENNIGAN 201 WOOD STREET PITTSBURGH PA 15222 124154171 0 X WWW.POINTPARK.EDU X 1960 PA HIGHER EDUCATION 33 31 1845 34 0 0 18185962 9178320 101645759 107618307 719419 870925 179499 170012 120730639 117837564 30180155 38147700 0 0 43066415 41212559 23663 27713 1607579 31506737 33174994 104776970 112562966 15953669 5274598 181591204 198120874 70400004 80330357 111191200 117790517 X POINT PARK UNIVERSITY EDUCATES STUDENTS IN A DIVERSE ENVIRONMENT AND PREPARES GRADUATES TO APPLY KNOWLEDGE TO ACHIEVE THEIR GOALS, ADVANCE THEIR PROFESSIONS AND SERVE THEIR COMMUNITIES. 0 0 65417770 32664565 96501770 INSTRUCTION- INCLUDES 4 ACADEMIC SCHOOLS SERVING APPROXIMATELY 3,188 UNDERGRADUATE AND 656 GRADUATE STUDENTS, AS WELL AS PERFORMING ARTS WHICH PROVIDE APPLIED TRAINING FOR STUDENTS. INCLUDES PHYSICAL PLANT ALLOCATION. 9728519 545460 STUDENT SERVICES- INCLUDES ADMISSIONS, CAREER DEVELOPMENT, FINANCIAL AID ADMINISTRATION, REGISTRAR, STUDENT ACTIVITIES, STUDENT AFFAIRS OFFICE, AS WELL AS 13 MEN'S AND WOMEN'S INTERCOLLEGIATE ATHLETIC TEAMS. INCLUDES PHYSICAL PLANT ALLOCATION. 10226960 53641 2691 ACADEMIC SUPPORT- ACADEMIC SUPPORT ARE EXPENSES THAT PROVIDE SUPPORT FOR THE SCHOOL'S PRIMARY ACADEMIC MISSION. INCLUDES LIBRARY SERVICES, PROGRAM FOR ACADEMIC SUCCESS, INFORMATION & MEDIA CENTERS & PROVOST OFFICE & CENTER FOR TEACHING EXCELLENCE. INCLUDES PHYSICAL PLANT ALLOCATION. 8669867 613494 10568386 AUXILIARY ENTERPRISES- EXPENSES THAT SUPPORT DORMITORIES, DINING HALL, CAFE, BOOKSTORE AND RECREATION CENTER FOR STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY. INCLUDES PHYSICAL PLANT ALLOCATION. 4816000 4816000 CONTRIBUTION TO POINT PARK UNIVERSITY FOUNDATION, WHICH IS TO PROMOTE, SUPPORT, AND FURTHER THE PURPOSES OF POINT PARK UNIVERSITY. 13485867 5429494 10568386 98859116 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 1 5068 0 1 1845 1 0 0 0 0 0 1 1 0 0 0 0 X 33 31 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JAMES HARDT 4123923969 201 WOOD STREET PITTSBURGH PA 15222 DENNIS ASTORINO BOARD MEMBER 1.50 X 0 0 0 RICHARD W BOYD BOARD MEMBER 1.50 X 0 0 0 E MICHAEL BOYLE EX 83116 BOARD MEMBER 1.50 X 0 0 0 MARK BROADHURST BOARD MEMBER 1.50 X 0 0 0 DIANE BUCCO BOARD MEMBER 1.50 X 0 0 0 JAMIE CAMPOLONGO BOARD MEMBER 1.50 X 0 0 0 ANTOINE CHAMMAS BOARD MEMBER 1.50 X 0 0 0 LISA CIBIK BOARD MEMBER 1.50 X 0 0 0 ROBIN CONNOLLY BOARD MEMBER 1.50 X 0 0 0 REP PAUL COSTA BOARD MEMBER & PRT PROFESSOR 1.50 X 4182 0 0 GARY DEJIDAS BOARD MEMBER 1.50 X 0 0 0 KISHORE GOPAUL BOARD MEMBER 1.50 X 0 0 0 EDWARD HABERLE BOARD MEMBER 1.50 X 0 0 0 DEAN JORDAN BOARD MEMBER 1.50 X 0 0 0 JULIE A LYDA EX 72116 BOARD MEMBER 1.50 X 0 0 0 TIMOTHY W MCGUIRE SR PHD BOARD MEMBER 1.50 X 0 0 0 PEGGY T MCKNIGHT BOARD MEMBER 1.50 X 0 0 0 J KEVIN MCMAHON EX 83116 BOARD MEMBER 1.50 X 0 0 0 JAMES MILLER EX 83116 BOARD MEMBER 1.50 X 0 0 0 JOSEPH J MURIN BOARD MEMBER 1.50 X 0 0 0 DAVID J PEART BOARD MEMBER 1.50 X 0 0 0 LUCAS PIATT BOARD MEMBER 1.50 X 0 0 0 LOREN H ROTH MD EX 83116 BOARD MEMBER 1.50 X 0 0 0 CYNTHIA SHAPIRA EXIT 52416 BOARD MEMBER 1.50 X 0 0 0 DARRELL SMALLEY BOARD MEMBER 1.50 X 0 0 0 RYAN STANA BOARD MEMBER 1.50 X 0 0 0 MARY BETH TAYLOR EX 83116 BOARD MEMBER 1.50 X 0 0 0 JOHN TOMAYKO EX 83116 BOARD MEMBER 1.50 X 0 0 0 REP JAKE WHEATLEY BOARD MEMBER 1.50 X 0 0 0 KAREN FARMER WHITE BOARD MEMBER 1.50 X 0 0 0 DARRYL FORD WILLIAMS BOARD MEMBER 1.50 X 0 0 0 ANNE LEWIS BOARD MEMBER/CHAIR 3.00 X X 0 0 0 TODD MOULES BOARD MEMBER/TREASURER 3.00 X X 0 0 0 JAMES MEREDITH BOARD MEMBER/SECRETARY 3.00 X X 0 0 0 DONALD J JENKINS BOARD MEMBER/V. CHAIR 3.00 X X 0 0 0 PAUL HENNIGAN EDD PRESIDENT 40.00 X 475130 0 134062 BRIDGET MANCOSH SR VP OF FIN.& OPERATIONS 40.00 X 249184 0 45499 AMY MCCALL SR VP GENERAL COUNSEL 40.00 X 184309 0 43631 KAREN MCINTYRE PHD SR.VP ACAD/STUDENT AFFAIRS 40.00 X 249243 0 24569 JOHN H PEARSON BEG 22416 PROVOST 40.00 X 0 0 0 SHARON NAVONEY VP FOR DEV & ALUMNI RELATI 40.00 X 161189 0 29732 GARY BRACKEN VP FOR ENROLLMENT MANAGEME 40.00 X 169257 0 32259 RICHARD HASKINSEX EMP 83115 VP FOR SPECIAL CAMPAIGNS 40.00 X 146360 0 16407 RONALD LINDBLOM ASSOC. VP, ARTISTIC DIR. 40.00 X 165993 0 29718 DARLENE MARNICH PROFESSOR 40.00 X 137006 0 36066 DIANE MALDONADO ASSOC. VP ACADEMIC AFFAIRS 40.00 X 139883 0 16803 TIMOTHY W WILSON ASSIST. VP PRESIDENT IT 40.00 X 133997 0 21051 MARIANN GEYER 6115 TO PRT VP EXTERNAL AFFAIRS FORMER KEY EMPL. 28.00 X 132446 0 22361 2348179 0 452158 47 1 1 0 ARAMARK SERVICES PO BOX 906023 CHARLOTTE NC 282906023 FOOD SERVICE 2842086 ISS FACILITY SERVICES INC PENN PLACE PITTSBURGH PA 15219 HOUSEKEEPING 2467112 MOSITES CONSTRUCTION COMPANY 4839 CAMPBELLS RUN ROAD PITTSBURGH PA 15206 CONSTRUCTION 1981375 US SECURITY ASSOCIATES 200 MANSELL COURT FIFTH FLOOR ROSWELL GA 30076 SECURITY 862598 PJ DICK INC 225 NORTH SHORE DRIVE PITTSBURGH PA 15212 CONSTRUCTION 763703 27 45410 753208 8379702 86810 9178320 TUITION & EDUC. FEES 611710 95820290 95820290 ROOM & BOARD FEES 721310 10421029 10421029 PERFORMANCES 711300 803388 803388 PROGRAM RENTAL 531390 164777 164777 BOOKSTORE, CAFE & MISC. 451211 116631 116631 292192 292192 107618307 1005606 1005606 176047 176047 26885 26397 488 488 488 6069500 6204181 -134681 -134681 -134681 79506 45410 86029 -6523 -6523 117837564 107618307 0 1040937 4869641 4869641 33257559 33257559 20500 20500 1963758 565632 1198167 199959 30299730 26482906 3282424 534400 1438243 1285919 121788 30536 5250671 4744038 446416 60217 2260157 1952368 258951 48838 332244 332244 223407 223407 49158 24579 24579 27713 27713 121426 121426 3003761 2505660 494776 3325 2199288 996210 1145847 57231 2740574 2103915 566503 70156 436518 316357 99787 20374 30169 30169 10025407 7703114 2050455 271838 1102149 947851 113484 40814 747462 598478 113131 35853 5406078 4242282 1026057 137739 197278 98793 98485 FOOD SERVICES 2655106 2580200 65240 9666 NON CAPITAL EQUIP 1858405 1611796 244966 1643 BAD DEBT 802802 802802 DANCE & THEATER PRODUCT 449617 449617 794145 693309 68138 32698 112562966 98859116 12096271 1607579 447804 1315999 28110943 30078966 11046879 13710087 963713 1340328 797389 726917 1368162 1258265 190963807 79161664 102543713 111802143 35399892 36933863 500000 250000 412709 704306 181591204 198120874 4421616 8076726 8774117 10311643 52574951 49635444 60000 110000 4569320 12196544 70400004 80330357 X 68351798 76272092 32497047 30821127 10342355 10697298 111191200 117790517 181591204 198120874 X 5274598 2134386 -809667 X X 0 1 X 1 1 1 X 3649990 3236867 3422303 18185962 9178320 37673442 3649990 3236867 3422303 18185962 9178320 37673442 17523872 20149570 1837808 1133554 1232833 1233967 1208538 6646700 44320142 0.45460 0.54910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49157 49157 112513809 112562966 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 50897 49165 50613 49157 199832 250000 250000 250000 250000 1000000 1500000 X 0 37133997 1101583 2439866 339711 6120555 34215180 37053216 1079497 -571086 308970 118660 37133997 31430019 1077487 4955820 296501 113609 37053216 27379289 2105115 2292228 284569 62044 31430019 24715713 1345523 1662218 282196 61969 27379289 0.65230 0.31260 0.03510 0 0 16323613 16323613 131334545 59165364 72169181 1522745 1522745 0 21491946 18473555 3018391 20290958 20290958 111802143 NEW MARKETS TAX CREDIT 6750000 CONDITIONAL ASSET RETIREMENT OBLIGATION 2490318 INTEREST RATE SWAP 2279046 ANNUITIES PAYABLE 53621 LOAN PROGRAM REFUNDABLE TO FEDERAL GOVERNMENT IF DISCONTINUED PROGRAM 623559 12196544 X 86379103 2134386 -697241 1437145 84941958 121426 32774180 32895606 117837564 79779786 112426 112426 79667360 121426 32774180 32895606 112562966 PART III, LINE 4: THE PRIMARY PIECE OF THE POINT PARK COLLECTION IS "FREEDOM BOUND," A SCULPTURE BY ARTIST PAIGE BRADLEY, COMMISSIONED AND DONATED BY A BOARD MEMBER. IN 2008 IT WAS INSTALLED AS PART OF THE LAWRENCE HALL LOBBY RENOVATION, WHICH INCLUDES A GRAND ENTRANCE TO THE NEWLY BUILT DANCE COMPLEX. THE UNIVERSITY HOLDS PAINTINGS AND PHOTOGRAPHS ON DISPLAY THROUGHOUT THE CAMPUS THAT WERE ALSO DONATED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL INVESTMENT ACCOUNTS ESTABLISHED TO FUND NUMEROUS PURPOSES. THE TOTAL ENDOWMENT CONSISTS OF TWO COLLECTIVE FUND GROUPS. IT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS (THE "ENDOWMENT FUND") WHICH ARE CLASSIFIED AS EITHER TEMPORARILY OR PERMANETNLY RESTRICTED FUNDS, AND NON-DONOR UNRESTRICTED FUNDS THAT HAVE BEEN ESTABLISHED BY THE BOARD OF TRUSTEES (THE "BOARD") TO FUNCTION AS RESERVE-TYPE FUNDS (THE "BOARD- DESIGNATED RESERVE FUND"), WHICH ARE CLASSIFIED AS UNRESTRICTED FUNDS. AS REQUIRED BY GAAP, THE NET ASSETS OF THE UNIVERSITY'S ENDOWMENT ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONR- IMPOSED RESTRICTIONS. THE PURPOSE OF THE "ENDOWMENT FUND"- IS TO PRESERVE PERMANENTLY RESTRICTED DONOR GIFTS AND ACHIEVE LONG-TERM APPRECIATION TO MAIN THE ASSETS IN PERPETUITY. THE PURPOSE OF THE "BOARD- DESIGNATED RESERVE FUND"- IS TO MAINTAIN THE LIQUIDITY NECESSARY TO SUPPORT THE LONG-TERM FISCAL HEALTH OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT, NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT AUGUST 31, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE: $ 26,398 SPECIAL EVENT EXPENSE: $ 86,028 CHANGE IN VALUE OF INTEREST RATE SWAP: $-809,667 TOTAL PART XII LINE 2D: $ -697,241 PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $32,774,180 TOTAL PART XII LINE 4B: $32,774,180 PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE: $26,398 SPECIAL EVENT EXPENSE: $86,028 TOTAL PART XIII LINE 2D: $112,426 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $32,774,180 TOTAL PART XIII LINE 4B: $32,774,180 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY INCLUDES IN ITS BYLAWS AND CATALOGS A STATEMENT CONFIRMING ITS OPPOSITION TO ANY PRACTICE WHICH DEPRIVES ANY INDIVIDUAL OF RIGHTS AND PRIVILEGES BASED ON RACE, RELIGION, SEX, NATIONAL ORIGIN OR HANDICAP. THE UNIVERSITY WILL NOT AFFILIATE NOR EXTEND RECOGNITION TO ANY GROUP WHOSE POLICIES ARE DISCRIMINATORY. SCHEDULE E, PART I, LINE 6 COMMONWEALTH OF PA: HIGHER EDUCATION ASSISTANCE GRANT; CHILD DEVELOPMENT RESOURCES GRANT (PA DEPARTMENT OF WELFARE); FEDERAL: U.S. DEPARTMENT OF EDUCATION SEOG/FWS/PELL; ASSET I3 PROJECT; INTERNATIONAL RURAL GENTRIFICATION GRANT. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 142930 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FINANCIAL AID 20500 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT 1159 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES MEDIA STUDIES TOUR 13525 0 0 0 0 0 0 178114 0 178114 STUDENT FINANCIAL AID EUROPE 9 POSTING TO STUDENT'S ACCOUNT 20500 TUITION DISCOUNT FMV 0 0 0 0 0 0 PART I, LINE 2: FINANCIAL AID AWARDS AT POINT PARK UNIVERSITY ARE DETERMINED ON THE BASIS OF ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, ARTISTIC OR ATHLETIC TALENT AND FINANCIAL NEED ELIGIBILITY. GRANTS AND LOANS ARE DISTRIBUTED USING POWERFAIDS APPLICATION AND POSTED TO STUDENT'S ACCOUNTS IN JENZABAR (HIGHER EDUCATION INFORMATION SYSTEM). ANNUALLY THE FINANCIAL AID AREA IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. X X X X X X X 1 RICHARD HASKINS 7416 PERRYSVILLE AVE PITTSBURGH PA 15202 FUNDRAISING CONSULTANT FOR CAP.CAMPAIGN 0 0 13351 -13351 13351 -13351 PA NY GOLF EVENT 108700 40250 68450 56417 15804 3073 ATHLETICS GOLF 16216 5160 11056 6186 2124 2425 0 124916 45410 79506 62603 17928 5498 86029 -6523 1 ALLEGHENY CONFERENCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250965213 501(C)(3) 7935 ECONOMIC DEVELOPMENT URBAN INNOVATION21 1901 CENTRE AVE SUITE 300 PITTSBURGH PA 15219 260379369 501(C)(3) 25000 ECONOMIC DEVELOPMENT PITTSBURGH BALLET THEATRE 2900 LIBERTY AVENUE PITTSBURGH PA 15201 237101094 501(C)(3) 5000 PERFORMING ARTS POINT PARK UNIVERSITY FOUNDATION 201 WOOD STREET PITTSBURGH PA 15222 473515830 501(C)(3) 4816000 CAPITAL PROJECT 4 0 SCHOLARSHIP AID FOR HIGHER ED FOR UNDERGRADUATE AND GRADUATE STUDENTS 3287 32753680 FMV TUITION DISCOUNT HOUSING ASSISTANCE TO STUDENT RESIDENT ADVISORS 33 389880 FMV ROOM AND BOARD WAIVER SCHOLARSHIP FOR SCHOOL AGE CHILDREN TO ATTEND SUMMER DANCE PROGRAM 145 113999 FMV TUITION DISCOUNT PART I, LINE 2: FINANCIAL AID AWARDS TO STUDENTS AT POINT PARK UNIVERSITY ARE DETERMINED ON THE BASIS OF ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, ARTISTIC OR ATHLETIC TALENT AND FINANCIAL NEED ELIGIBILITY. GRANTS AND LOANS ARE DISTRIBUTED USING POWERFAIDS APPLICATION AND POSTED TO STUDENT'S ACCOUNTS IN JENZABAR (HIGHER EDUCATION INFORMATION SYSTEM). ANNUALLY THE FINANCIAL AID AREA IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 PAUL HENNIGAN EDD PRESIDENT 358072 0 70000 0 47058 0 59875 0 74187 0 609192 0 0 0 BRIDGET MANCOSH SR VP OF FIN.& OPERATIONS 231046 0 18000 0 138 0 17442 0 28057 0 294683 0 0 0 AMY MCCALL SR VP GENERAL COUNSEL 183616 0 0 0 693 0 12944 0 30687 0 227940 0 0 0 KAREN MCINTYRE PHD SR.VP ACAD/STUDENT AFFAIRS 223884 0 24000 0 1359 0 6851 0 17718 0 273812 0 0 0 SHARON NAVONEY VP FOR DEV & ALUMNI RELATI 158753 0 0 0 2436 0 12250 0 17482 0 190921 0 0 0 GARY BRACKEN VP FOR ENROLLMENT MANAGEME 168459 0 0 0 798 0 13050 0 19209 0 201516 0 0 0 RICHARD HASKINSEX EMP 83115 VP FOR SPECIAL CAMPAIGNS 128456 0 0 0 17904 0 9050 0 7357 0 162767 0 0 0 RONALD LINDBLOM ASSOC. VP, ARTISTIC DIR. 164743 0 0 0 1250 0 12650 0 17068 0 195711 0 0 0 DARLENE MARNICH PROFESSOR 136770 0 0 0 236 0 7153 0 28913 0 173072 0 0 0 DIANE MALDONADO ASSOC. VP ACADEMIC AFFAIRS 138135 0 1500 0 248 0 10315 0 6488 0 156686 0 0 0 TIMOTHY W WILSON ASSIST. VP PRESIDENT IT 132407 0 1500 0 90 0 4020 0 17031 0 155048 0 0 0 MARIANN GEYER 6115 TO PRT VP EXTERNAL AFFAIRS FORMER KEY EMPL. 132290 0 0 0 156 0 10102 0 12259 0 154807 0 0 0 PART I, LINE 1A DR. PAUL HENNIGAN, PRESIDENT OF THE UNIVERSITY, IS PAID A MONTHLY HOUSING ALLOWANCE IN PLACE OF STAYING IN A HOUSE ON CAMPUS, THE STANDARD FOR COLLEGES AND UNIVERSITIES. THIS IS REPORTED AS TAXABLE INCOME. SPOUSAL TRAVEL IS NOT REIMBURSABLE PER THE UNIVERSITY'S EXPENSE REIMBURSEMENT POLICY; HOWEVER, THE PRESIDENT'S SPOUSE'S EXPENDITURES ARE REIMBURSED FOR OFFICIAL BUSINESS, ACCORDING TO THE PRESIDENT'S EMPLOYMENT CONTRACT. GENERALLY TRAVEL FOR THE PRESIDENT'S SPOUSE IS INFREQUENT. THE UNIVERSITY PAYS FOR THE DUES OF THE PRESIDENT AND THE VP OF EXTERNAL AFFAIRS TO BUSINESS CLUBS WHICH HAVE BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING SIGNIFICANT IMPACT ON FUNDRAISING AND THE UNIVERSITY'S ROLE IN THE DOWNTOWN COMMUNITY. THE PRESIDENT PARTICIPATES IN A NON-QUALIFIED PENSION PLAN. PART I, LINE 7 NON-FIXED PAYMENTS ARE LISTED IN COLUMN (B) (II) BONUS & INCENTIVE COMPENSATION. THEY ARE DETERMINED ANNUALLY BASED ON PERFORMANCE EVALUATIONS. PART II, COLUMN D: THE NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PRIMARILY INCLUDE THE FOLLOWING: TUITION ASSISTANCE, EMPLOYER PROVIDED HEALTH INSURANCE, PARKING BENEFITS, AND QUALIFIED MOVING REIMBURSEMENT. TUITION ASSISTANCE PROGRAMS ARE A STANDARD BENEFIT PROVIDED BY COLLEGE AND UNIVERSITY EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. THE INTERNAL REVENUE CODE (SECTION 117(D)) SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF SUCH QUALIFIED TUITION BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE YEAR. A CARROLLTOWN BOROUGH MUNICIPAL AUTHORITY 256000301 2013-11-13 10000000 SEE PART VI 0 0 0 B ALLEGHENY CO HIGHER EDU BUILDING AUTHORITY 251650137 2013-08-01 31670000 SEE PART VI 1 0 0 C MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2007-01-19 5000000 SEE PART VI 0 0 0 D MT LEBANON INDUSTRIAL DEV AUTHORITY 205476955 2006-12-27 3830000 SEE PART VI 0 0 0 A 10000000 51895 2498105 7450000 2015 0 0 0 1 B 31392445 31670000 277525 2012 0 0 1 1 C 5000000 7250 4992750 2008 0 0 1 1 D 3830000 58500 3771500 2008 0 0 1 1 A 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 1 1 0 0 0 1 B 1 1 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 0 B 0 C 0 D 0 SCHEDULE K SUPPLENTAL INFORMATION ENTITY 1, PART 1, LINE A, COLUMN F: RENOVATION OF THAYER AND ACADEMIC HALL, INCLUDING CONVERSION OF CERTAIN SPACE IN THAYER HALL INTO STUDENT HOUSING AND PURCHASE OF EQUIPMENT RELATED TO CONVERSION. ENTITY 1, PART II, LINE 3, COLUMN A, LOAN IS STRUCTURED AS A TAX EXEMPT DRAW-DOWN BANK LOAN IN AN AMOUNT NOT TO EXCEEED $10,000,000. AS OF 8/31/2015, $2,550,000 WAS DRAWN-DOWN. THE CONSTRUCTION WAS SUBSTANTIALLY COMPLETED IN 2015. THE REMAINDER OF LOAN PROCEEDS WILL BE DRAWN-DOWN BY 10/31/2016. ENTITY I, PART I, LINE B, COLUMN F: FOR ACQUISITION AND RENOVATION OF STUDENT APARTMENT HOUSING, RENOVATION OF LOBBY, AND ACQUISITION OF YMCA BUILDING AND RENOVATION INTO STUDENT UNION AND ADDITIONAL CAPITAL PROJECTS. THE BONDS WERE SUBSEQUENTLY REFINANCED WITH TAX EXEMPT NOTES IN 2013. PART I, LINE C, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. PART I, LINE D, COLUMN F: FOR PURCHASE AND RENOVATION OF A CLASSROOM/ OFFICE BUILDING AND PURCHASE OF AN OFFICE BUILDING, LOBBY RENOVATION AND LIBRARY FURNITURE. ORIGINALLY ISSUED WITH A $3,830,000 TAX EXEMPT PORTION OUT OF A TOTAL $10,000,000. THE TAXABLE PORTION WAS FULLY CONVERTED TO TAX EXEMPT ON 7/16/12. ORIGINAL $ 3,830,000 12/31/07 $ 1,084,435 10/31/08 $ 946,350 7/16/12 $ 1,470,252 ENTITY II, PART I, LINE A, COLUMN F: FOR SUPPORT OF DANCE STUDIO, A LIBRARY, A TELEVISION AND FILM STUDIO, MISCELLANEOUS CAPITAL PROJECTS ENTITY II, PART I, LINE B, COLUMN F: DANCE STUDIO COMPLEX AND VARIOUS CAPITAL EXPENDITURES A SOUTH FORK MUNICIPAL AUTHORITY 251550471 2006-07-27 10000000 SEE PART VI 0 0 0 B AUTH FOR IMPROV IN MUNICIPALITIES 251196358 2004-08-16 7000000 SEE PART VI 0 0 0 A 10000000 64117 9935883 2007 0 0 1 1 B 7000000 74518 6925482 2006 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 1 B 1 0 0 0 0 1 A 0 B 0 A MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 108785 EMPLOYMENT 0 G MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 17574 EMPLOYMENT 0 X 6 20329 MKT PRICE ON TRNFR X LED MEDIA SIGN 1 66481 VENDOR INVOICE PAID 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES WHEN THE BOARD IS NOT IN SESSION EXCEPT THAT IT MAY NOT: (I) ALIENATE OR ENCUMBER THE REAL ESTATE OR ENDOWMENTS OF THE UNIVERSITY, (II) ENTER INTO FINANCIAL ARRANGEMENTS OR COMMITMENTS WHICH WOULD HAVE A MAJOR EFFECT ON THE UNIVERSITY, (III) SELECT THE PRESIDENT OF THE UNIVERSITY, (IV) ELECT MEMBERS OR OFFICERS OF THE BOARD OF TRUSTEES, OR (V) COMMIT THE UNIVERSITY TO PAYMENTS IN EXCESS OF AVAILABLE REVENUES, UNLESS SPECIFICALLY AUTHORIZED TO DO SO BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 J.K. MCMAHON AND C. SHAPIRA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED BY THE UNIVERSITY'S BUSINESS OFFICE. IT IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A REVIEW ON BEHALF OF THE BOARD. THE FINAL COPY IS SENT TO ALL VOTING MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONTAINED WITHIN THE UNIVERSITY'S WRITTEN CODE OF CONDUCT IS THE CONFLICT OF INTEREST POLICY, WHICH IS DISTRIBUTED ANNUALLY TO THE BOARD OF TRUSTEES, AS WELL AS TO ALL FULL-TIME AND PART-TIME EMPLOYEES AND IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE CONFLICT OF INTEREST STATEMENT THAT IS SIGNED BY DIRECTORS AND OFFICERS STATES, "I ACKNOWLEDGE AN ONGOING RESPONSIBILITY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE." BOARD MEMBERS COMPLETE A 'CONFLICT OF INTEREST STATEMENT' ANNUALLY. THE POLICY MAKES CLEAR THAT NOT ALL CONFLICTING INTERESTS ARE PROHIBITED. EACH REPORTED CONFLICT IS EVALUATED TO MAKE CERTAIN THAT DIRECTORS AND OFFICERS PRIMARY OBLIGATION TO THE UNIVERSITY IS NOT COMPROMISED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR HIRING THE PRESIDENT, AND THE EXECUTIVE COMMITTEE OF THE BOARD ACTS AS THE COMPENSATION COMMITTEE FOR DETERMINING THE PRESIDENT'S ANNUAL GOALS, OBJECTIVES, PERFORMANCE AND COMPENSATION. THE RULES ARE SET FORTH IN THE UNIVERSITY'S BYLAWS, ARTICLE VI, SECTION 2, PARAGRAPH 5. "THE EXECUTIVE COMMITTEE SHALL ALSO ACT AS THE COMPENSATION COMMITTEE FOR PURPOSES OF APPROVING THE PRESIDENT'S ANNUAL GOALS AND OBJECTIVES, EVALUATING THE PRESIDENT'S ANNUAL PERFORMANCE, AND DETERMINING THE PRESIDENT'S ANNUAL COMPENSATION. THE EXECUTIVE COMMITTEE IN THIS ROLE SHALL ADHERE TO ALL APPLICABLE STANDARDS PROMULGATED BY THE IRS WITH RESPECT TO COMPENSATION PAYABLE BY EXEMPT ORGANIZATIONS. THE PRESIDENT SHALL NOT BE PRESENT WHILE THE EXECUTIVE COMMITTEE DELIBERATES ON THE COMPENSATION, GOALS, AND OBJECTIVE, OR PERFORMANCE OF THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL ALSO PROVIDE ADVICE TO THE PRESIDENT REGARDING THE ANNUAL GOALS AND OBJECTIVES, PERFORMANCE, AND COMPENSATION OF THE PRESIDENT'S EXECUTIVE OFFICERS. THE BOARD CHAIR WILL REPORT TO THE BOARD, AS APPROPRIATE, CONCERNING THE EXECUTIVE COMMITTEE'S DELIBERATIONS AS THE COMPENSATION COMMITTEE." THE UNIVERSITY REGULARLY EMPLOYS THE SERVICES OF AN INDEPENDENT FIRM TO DO AN EXECUTIVE BENCHMARKING STUDY AND IMPLEMENT A PEER REVIEW PROCESS (SIMILAR TO THE PROCESS FOR FACULTY AND STAFF) FOR THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES IN ORDER TO HELP ADVISE THE COMPENSATION COMMITTEE. IN GENERAL THE HUMAN RESOURCES DEPARTMENT USES SURVEYS FROM CUPA-HR [COLLEGE & UNIVERSITY PROFESSIONAL ASSOC.] FOR STAFF AND FACULTY TO BENCHMARK COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS AVAILABLE ONLINE AS A COMPONENT OF THE UNIVERSITY'S CODE OF CONDUCT. THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP: -809,667. FORM 990, PART XI, QUESTION 2C THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 PART I, LINE 5 FULL TIME STAFF 330 FULL TIME FACULTY 152 PART TIME FACULTY 366 PART TIME STAFF 180 PART TIME STUDENTS 817 TOTAL EMPLOYEES 1845 POINT PARK UNIVERSITY FOUNDATION 201 WOOD STREET PITTSBURGH PA 15222 473515830 TO PROMOTE, SUPPORT, AND FURTHER THE PURPOSES OF POINT PARK UNIVERSITY PA 501(C)(3) 509(A)(3) POINT PARK UNIVERSITY 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 POINT PARK UNIVERSITY FOUNDATION B 4816000 CASH TRANSACTION SCHEDULE R, PART II, RELATED ORGANIZATION EXEMPT STATUS: THE FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE HAS BEEN FILED WITH THE IRS AND IS CURRENTLY PENDING APPROVAL. THE ORGANIZATION IS ANTICIPATING THAT THE INTERNAL REVENUE SERVICE WILL GRANT PUBLIC CHARITY STATUS.