2016-07-12T14:45:19-05:00 2015-08-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2014-09-01 251094922 POINT PARK UNIVERSITY POIN 4123923992 201 WOOD STREET PITTSBURGH PA 15222 BRIDGET MANCOSH SR VP OF FINANCE & OPERATIONS 4123923992 2016-06-02 1 SUSAN M KIRSCH P00341397 4122613644 2014 2016-09-27 15:27:22Z DR PAUL HENNIGAN 201 WOOD STREET PITTSBURGH PA 15222 130982461 0 X WWW.POINTPARK.EDU X 1960 PA HIGHER EDUCATION 37 35 1848 37 0 0 5598486 18185962 98543427 101645759 1113561 719419 176257 179499 105431731 120730639 27146172 30180155 0 0 41602586 43066415 50194 23663 2236703 32394178 31506737 101193130 104776970 4238601 15953669 174676626 181591204 77915958 70400004 96760668 111191200 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. 1 1 64732500 29637927 90793978 INSTRUCTION- INCLUDES 4 ACADEMIC SCHOOLS SERVING APPROXIMATELY 3,165 UNDERGRADUATE AND 572 GRADUATE STUDENTS, AS WELL AS PERFORMING ARTS WHICH PROVIDE APPLIED TRAINING FOR STUDENTS. INCLUDES PHYSICAL PLANT ALLOCATION. 10278860 549046 STUDENT SERVICES- INCLUDES ADMISSIONS, CAREER DEVELOPMENT, FINANCIAL AID ADMINISTRATION, REGISTRAR, STUDENT ACTIVITIES, STUDENT AFFAIRS OFFICE, AS WELL AS 11 MEN'S AND WOMEN'S INTERCOLLEGIATE ATHLETIC TEAMS. INCLUDES PHYSICAL PLANT ALLOCATION. 8296723 40380 4676 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. INCLUDES PHYSICAL PLANT ALLOCATION. 8311874 501848 10298059 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. 8311874 501848 10298059 91619957 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 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 5029 0 1 1848 1 0 0 0 0 0 1 1 0 0 0 0 X 37 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 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 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 PAUL COSTA BOARD MEMBER/PRT PROFESSOR 1.50 X 4182 0 0 JORDAN DEAN ST 10292014 BOARD MEMBER 1.50 X 0 0 0 GARY M DEJIDAS BOARD MEMBER 1.50 X 0 0 0 WAYNE FONTANA EXIT 102914 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 JOSEPH BHAVRILLAEXIT 83115 BOARD MEMBER 1.50 X 0 0 0 JULIE A LYDA 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 BOARD MEMBER 1.50 X 0 0 0 JAMES MILLER BOARD MEMBER 1.50 X 0 0 0 TODD C MOULES BOARD MEMBER 1.50 X 0 0 0 JOSEPH 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 DR LOREN H ROTH MD BOARD MEMBER 1.50 X 0 0 0 CYNTHIA SHAPIRA 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 BOARD MEMBER 1.50 X 0 0 0 JOHN R TOMAYKO PHD BOARD MEMBER 1.50 X 0 0 0 JAKE WHEATLEY BOARD MEMBER 1.50 X 0 0 0 KAREN FARMER WHITE BOARD MEMBER 1.50 X 0 0 0 DARRYL F WILLIAMS BOARD MEMBER 1.50 X 0 0 0 ANNE LEWIS BOARD MEMBER/CHAIR 3.00 X X 0 0 0 DAVID S DUNCAN EXIT 83115 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 456256 0 112809 BRIDGET MANCOSH SR VP OF FIN.& OPERATIONS 40.00 X 242942 0 43061 AMY MCCALL SR VP GENERAL COUNSEL 40.00 X 181146 0 24171 KAREN MCINTYRE PHD SR.VP ACAD/STUDENT AFFAIRS 40.00 X 236140 0 16461 MARIANN GEYER VP EXTERNAL AFFAIRS 40.00 X 192408 0 30513 SHARON NAVONEY VP FOR DEV & ALUMNI RELATIONS 40.00 X 150562 0 23627 GARY BRACKEN VP FOR ENROLLMENT MANAGEMENT 40.00 X 184865 0 32262 RICHARD HASKINS VP FOR SPECIAL CAMPAIGNS 40.00 X 180437 0 22546 RONALD LINDBLOM ASSOC. VP, ARTISTIC DIR. 40.00 X 176120 0 29494 FREDRICK JOHNSON ASST VP, ACAD & STUDENT AFFAIRS 40.00 X 153890 0 29262 DIANE MALDONADO ASSOC. VP ACADEMIC AFFAIRS 40.00 X 144075 0 16535 HELEN SOBEHART PH D ASSOC. VP, OF GRAD EDUC. 28.00 X 144862 0 6679 PERKINS CHARLES PHD FORM. OFFICER/PROFESSOR 40.00 X 123037 0 11064 2570922 0 398484 47 1 1 0 MOSITES CONSTRUCTION COMPANY 4839 CAMPBELLS RUN ROAD PITTSBURGH PA 15206 CONSTRUCTION 6709831 ARAMARK SERVICES PO BOX 906023 CHARLOTTE NC 282906023 FOOD SERVICE 2978396 WESTLAKE REED LESKOSKY LTD 1422 EUCLID AVENUE SUITE 300 PLAY CLEVELAND OH 44115 ARCHITECTURE 2405172 ISS FACILITY SERVICES INC PENN PLACE PITTSBURGH PA 15219 HOUSEKEEPING 1753334 ALLIED BARTON SECURITY SERVICES 500 FIRST AVENUE PITTSBURGH PA 15219 SECURITY 863155 34 52642 1215790 16917530 255568 18185962 TUITION & EDUC. FEES 611710 90216423 90216423 ROOM & BOARD FEES 721310 10111204 10111204 PERFORMANCES 711300 604184 604184 PROGRAM RENTAL 531390 281164 281164 BOOKSTORE, CAFE & MISC. 451211 187671 187671 245113 245113 101645759 982583 982583 176047 176047 75337 65902 9435 9435 9435 9833965 10097129 -263164 -263164 -263164 82808 52642 88791 -5983 -5983 120730639 101645759 0 898918 40380 40380 30129275 30129275 10500 10500 1913403 469487 1174752 269164 261593 141227 120366 30591146 26714666 3187262 689218 1486140 1375508 84677 25955 6517264 5819491 633534 64239 2296869 1988437 248512 59920 377592 377592 192488 192488 50613 555 25029 25029 23663 23663 1978689 1468746 380353 129590 1998610 889647 917763 191200 2643133 2100991 449569 92573 419479 295275 111897 12307 24488 24488 10899388 8895925 1687180 316283 1095084 935427 115650 44007 832092 706968 110583 14541 5157447 4269111 745946 142390 213964 115008 98956 FOOD SERVICES 2752695 2661050 60105 31540 NON CAPITAL EQUIP 1123441 990616 129751 3074 BAD DEBT 787303 787303 DANCE & THEATER PRODUCT 354756 354756 605475 435120 68345 102010 104776970 91619957 10920310 2236703 1952999 447804 24681516 28110943 4007927 11046879 1113262 963713 733563 797389 1431278 1368162 176479782 73936069 100453803 102543713 39458776 35399892 480400 500000 363102 412709 174676626 181591204 5954387 3894637 11017409 9301096 55340365 52574951 1204863 673308 4398934 3956012 77915958 70400004 X 66033015 68351798 20171816 32497047 10555837 10342355 96760668 111191200 174676626 181591204 X 15953669 -1196437 -326700 X X 0 1 X 1 1 1 X 7626340 3649990 3236867 3422303 18185962 36121462 7626340 3649990 3236867 3422303 18185962 36121462 12291404 23830058 1837869 1837808 1133554 1232833 1233967 7276031 43397493 0.54910 0.61500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50613 50613 104726357 104776970 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 54222 50897 49165 50613 204897 250000 250000 250000 250000 1000000 1500000 X 0 37053216 1079497 -571086 308970 118660 37133997 31430019 1077487 4955820 296501 113609 37053216 27379289 2105115 2292228 284569 62044 31430019 24715713 1345523 1662218 282196 61969 27379289 22236249 1074016 1762019 291452 65119 24715713 0.69550 0.27850 0.02600 0 0 16323613 16323613 131241887 54756433 76485454 1522745 1522745 0 21213079 17656891 3556188 6178458 6178458 102543713 CONDITIONAL ASSET RETIREMENT OBLIGATION 2431811 INTEREST RATE SWAP 1469379 ANNUITIES PAYABLE 54822 3956012 X 89600150 -1196437 -172007 -1368444 90968594 120363 29641682 29762045 120730639 75169618 154693 154693 75014925 120363 29641682 29762045 104776970 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 TOTAL ENDOWMENT CONSISTS OF TWO COLLECTIVE FUND GROUPS, THE ENDOWMENT FUND AND THE BOARD DESIGNATED RESERVE FUND. THE ENDOWMENT FUND, MADE UP OF BOTH PERMANENT & TEMPORARILY RESTRICTED ASSETS, CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT NUMEROUS PURPOSES. IT CONSISTS OF 78% RESTRICTED FOR FINANCIAL AID AND 22% FOR OPERATIONS. THE PURPOSE OF THE BOARD DESIGNATED RESERVE FUND, AN UNRESTRICTED ASSET, IS TO MAINTAIN THE LIQUIDITY NECESSARY TO SUPPORT LONG-TERM FISCAL HEALTH OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY FOLLOWS STANDARDS ON INCOME TAXES RELATED TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE POSITION IS SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE UNIVERSITY FILES FEDERAL, STATE, AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATION ON THE UNIVERSITY'S FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEAR ENDED AUGUST 31, 2012 THROUGH THE PRESENT; OTHER RETURNS MAY BE OPEN FOR AN ADDITIONAL YEAR DEPENDING ON JURISDICTION. THE UNIVERSITY CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE STANDARD AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE: $ 65,902 SPECIAL EVENT EXPENSE: $ 88,791 CHANGE IN VALUE OF INTEREST RATE SWAP: $-326,700 TOTAL PART XII LINE 2D: $ -172,007 PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $29,641,682 TOTAL PART XII LINE 4B: $29,641,682 PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE: $65,902 SPECIAL EVENT EXPENSE: $88,791 TOTAL PART XIII LINE 2D: $154,693 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID: $29,641,682 TOTAL PART XIII LINE 4B: $29,641,682 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. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 108412 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM FINANCIAL AID 10500 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT 10361 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES MEDIA STUDIES TOUR 14950 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES FACULTY DEV. CONFERENCE 7977 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICE FACULTY DEVELOPMENT 337 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT 1842 0 0 0 0 0 0 154379 0 154379 STUDENT FINANCIAL AID EUROPE 6 10500 POSTING TO STUDENT'S ACCOUNT 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 DEE OSHRY 6629 AYLESBORO AVENUE PITTSBURGH PA 15217 FUNDRAISING CONSULTANT FOR CAPITAL CAMPAIGN 0 0 16800 -16800 JANET GRAY 3212 SHADY AVENUE PITTSBURGH PA 15217 GRANT WRITING 0 0 6863 -6863 23663 -23663 PA NY GOLF EVENT 118700 48322 70378 56735 16165 2258 ATHLETICS GOLF EVENT 16750 4320 12430 7330 2863 3440 0 135450 52642 82808 64065 19028 5698 88791 -5983 1 ALLEGHENY CONFERENCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250965213 501(C)(3) 6348 ECONOMIC DEVELOPMENT URBAN INNOVATION21 1901 CENTRE AVE SUITE 300 PITTSBURGH PA 15219 260379369 501(C)(3) 25000 ECONOMIC DEVELOPMENT 2 0 SCHOLARSHIP AID FOR HIGHER ED FOR UNDERGRADUATE AND GRADUATE STUDENTS 3360 29631256 N/A N/A HOUSING ASSISTANCE TO STUDENT RESIDENT ADVISORS 33 377980 N/A N/A SCHOLARSHIP FOR SCHOOL AGE CHILDREN TO ATTEND SUMMER DANCE PROGRAM 149 120039 N/A N/A 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 X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 PAUL HENNIGAN EDD PRESIDENT 358943 0 50000 0 47313 0 59500 0 53309 0 569065 0 0 0 BRIDGET MANCOSH SR VP OF FIN.& OPERATIONS 232808 0 10000 0 134 0 17442 0 25619 0 286003 0 0 0 AMY MCCALL SR VP GENERAL COUNSEL 179669 0 1150 0 327 0 0 0 24171 0 205317 0 0 0 KAREN MCINTYRE PHD SR.VP ACAD/STUDENT AFFAIRS 224936 0 10000 0 1204 0 6283 0 10178 0 252601 0 0 0 MARIANN GEYER VP EXTERNAL AFFAIRS 187270 0 5000 0 138 0 14336 0 16177 0 222921 0 0 0 SHARON NAVONEY VP FOR DEV & ALUMNI RELATIONS 145930 0 0 0 4632 0 9563 0 14064 0 174189 0 0 0 GARY BRACKEN VP FOR ENROLLMENT MANAGEMENT 166519 0 5000 0 13346 0 2125 0 30137 0 217127 0 0 0 RICHARD HASKINS VP FOR SPECIAL CAMPAIGNS 180194 0 0 0 243 0 13575 0 8971 0 202983 0 0 0 RONALD LINDBLOM ASSOC. VP, ARTISTIC DIR. 175235 0 0 0 885 0 13418 0 16076 0 205614 0 0 0 FREDRICK JOHNSON ASST VP, ACAD & STUDENT AFFAIRS 147600 0 0 0 6290 0 11456 0 17806 0 183152 0 0 0 DIANE MALDONADO ASSOC. VP ACADEMIC AFFAIRS 141437 0 2500 0 138 0 10480 0 6055 0 160610 0 0 0 HELEN SOBEHART PH D ASSOC. VP, OF GRAD EDUC. 111030 0 0 0 33832 0 6503 0 176 0 151541 0 0 0 PERKINS CHARLES PHD FORM. OFFICER/PROFESSOR 120721 0 0 0 2316 0 8812 0 2252 0 134101 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. THE ONLY PERSONAL SERVICES FOR PAUL HENNIGAN PROVIDED BY THE UNIVERSITY IS DEPENDENT CARE SERVICES FOR HIS CHILDREN IN ORDER TO HELP ACCOMMODATE FOR MR. HENNIGAN'S UNPREDICTABLE WORK SCHEDULE AND FREQUENT OVERNIGHT TRAVEL. 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. 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 BOARD MEMBER A FAMILY MEMBER OF BOARD MEMBER 7065 GRANTS TUITION A MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 100213 EMPLOYMENT 0 G MAHARAJA A FAMILY MEMBER OF KISHORE GOPAUL, BOARD MEMBER 20109 EMPLOYMENT 0 X 6 255568 MKT PRICE ON TRNFR 0 0 1 0 FORM 990, PART III, LINE 2 BEGINNING FALL 2014 THE UNIVERSITY ADDED ITS FIRST DOCTORAL PROGRAM, AN ED.D.IN LEADERSHIP AND ADMINISTRATION. THERE ARE APPROXIMATELY 40 DOCTORAL STUDENTS. FORM 990, PART III, LINE 3 IN FALL 2014 THE UNIVERSITY FORMALIZED AND EXPANDED ITS ONLINE PROGRAM, OFFERING SEVEN UNDERGRADUATE AND GRADUATE FULL DEGREES AND FOUR CERTIFICATES. 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 4. "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 CHAIR OF THE BOARD WILL REPORT TO THE BOARD, AS APPROPRIATE, CONCERNING THE EXECUTIVE COMMITTEE'S DELIBERATIONS AS THE COMPENSATION COMMITTEE." FROM TIME TO TIME, THE UNIVERSITY EMPLOYS THE SERVICES OF AN INDEPENDENT FIRM TO DO AN EXECUTIVE BENCHMARKING STUDY AND IMPLEMENT A PEER REVIEW PROCESS 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 AAUP [AMERICAN ASSOC. OF UNIVERSITY PROFESSORS] FOR 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: -326,700. 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 341 FULL TIME FACULTY 144 PART TIME FACULTY 359 PART TIME STAFF 169 PART TIME STUDENTS 835 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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, IS CURRENTLY IN PREPARATION. THE ORGANIZATION IS ANTICIPATING THAT THE INTERNAL REVENUE SERVICE WILL GRANT PUBLIC CHARITY STATUS.