2015-11-02T12:32:15-06:00 2015-06-30 910856953 ALEGRIA & COMPANY PS 601 NORTH 39TH AVENUE YAKIMA WA 98902 990 2014-07-01 910570848 JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE JMPE 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 CHRISTINE COTE PRESIDENT 5094350374 2015-10-21 1 BARRY WARNER P00008578 5095751065 2014 2016-04-25 22:37:26Z CHRISTINE COTE 2011 W WASHINGTON AVE YAKIMA WA 98903 26036518 0 X WWW.PERRYTECH.EDU X 1939 WA THE PRIMARY PURPOSE OF THE HARRIET I. PERRY TRUST IS TO PROVIDE FUNDS FOR THE OPERATION OF PERRY TECHNICAL INSTITUTE - A NON-PROFIT VOCATIONAL SCHOOL. 3 3 189 184 0 0 168332 133438 10141335 10631191 1246250 284122 226034 169941 11781951 11218692 0 0 0 0 6584272 7112597 0 0 8818 3849549 3847204 10433821 10959801 1348130 258891 34581439 38643467 9245375 9508582 25336064 29134885 TO PROVIDE INDUSTRY WITH WELL-TRAINED PEOPLE WHO ARE MOTIVATED TO WORK AS TEAM MEMBERS TO MEET THE NEEDS OF INDUSTRY IN OUR RAPIDLY EVOLVING TECHNOLOGICAL WORLD. 0 0 7201264 10492538 FOR 76 YEARS, PERRY TECHNICAL INSTITUTE HAS BEEN PUTTING PEOPLE OF ALL AGES AND WALKS OF LIFE TO WORK IN CAREERS THAT PROVIDE FAMILY-SUPPORTABLE WAGES, BENEFITS, AND CHANCES FOR ADVANCEMENT. THE SCHOOL SERVES THE NEEDS OF A VARIETY OF INDUSTRIES BY EQUIPPING STUDENTS WITH STRONG TECHNICAL SKILLS AND POSITIVE WORK HABITS. FACULTY MEMBERS WITH EXTENSIVE EXPERIENCE IN INDUSTRY PROVIDE SPECIALIZED CLASSROOM INSTRUCTION AND HANDS-ON LAB AND SHOP EXPERIENCES. OVER 700 STUDENTS ARE ENROLLED IN PERRY'S 10 TRAINING PROGRAMS. THE SCHOOL'S RETENTION RATE IS 84% AND THE PLACEMENT RATE IS 91%. IN 2012, PERRY TECHNICAL INSTITUTE WAS ONE OF 10 SCHOOLS OUT OF MORE THAN 800 NATIONWIDE TO BE NAMED A SCHOOL OF EXCELLENCE BY THE ACCREDITING COMMISSION OF CAREER SCHOOLS AND COLLEGES. PERRY TECHNICAL INSTITUTE HELPS ENSURE STUDENTS' SUCCESS AND ADDRESSES THE NEEDS OF EMPLOYERS THROUGH THE CAREER SERVICES DEPARTMENT. THE CAREER SERVICES TEAM HELPS STUDENTS AND ALUMNI CONDUCT EFFECTIVE JOB SEARCHES, BUILD STRONG RESUMES AND COVER LETTERS, AND DEVELOP POSITIVE INTERVIEWING SKILLS. CAREER SERVICES WORKS WITH EMPLOYERS TO DEVELOP RECRUITMENT STRATEGIES, HOSTS EMPLOYER EXPOS, AND SCHEDULES ON-SITE INTERVIEWS. PERRY TECHNICAL INSTITUTE'S INSTRUMENTATION & INDUSTRIAL AUTOMATION TECHNOLOGY PROGRAM HAS DEVELOPED A REPUTATION AS ONE OF THE NATION'S PREMIER PROGRAMS FOR TRAINING INSTRUMENTATION TECHNICIANS. THE TWO-YEAR PROGRAM INTRODUCES STUDENTS TO TODAY'S WORLD OF COMPUTERIZED INDUSTRIAL AUTOMATION. INSTRUMENTATION TECHNICIANS CAN USE THEIR SKILLS ANYWHERE IN THE WORLD, IN INDUSTRIES SUCH AS MANUFACTURING, PHARMACEUTICALS, REFINING, POWER GENERATION, PACKAGING, FOOD PROCESSING, AND PULP AND PAPER PRODUCTION. THE PROGRAM HAS A HIGH RETENTION RATE OF 90%, A HIGH PLACEMENT RATE OF 94%, AND GRADUATES LAND HIGH-PAYING JOBS. CURRENTLY, THE PROGRAM IS FULL UNTIL MARCH 2016. 7201264 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 71 0 1 189 1 0 0 0 0 0 1 1 0 1 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X THE ORGANIZATION 5094530374 2011 WEST WASHINGTON AVE YAKIMA WA 98903 TERRY SCHMALZ TRUSTEE 2.00 X 0 0 0 CUYLER LIGHTHALL EMERITUS TRUSTEE 0.00 X 0 0 0 CURTIS KING TRUSTEE 2.00 X 0 0 0 JAKE JUNDT TRUSTEE 2.00 X 0 0 0 CHRISTINE COTE PRESIDENT 40.00 X 142455 0 22442 TRACY STOFFER SENIOR DIRECTOR OF FINANCE & ADMINSTRATION 40.00 X 102772 0 13824 245227 0 36266 2 0 1 0 BORA ARCHITECTURE 2011 W WASHINGTON AVENUE YAKIMA WA 98903 ARCHITECTURE SERVICES 439760 GRANITE CONSTRUCTION 2011 W WASHINGTON AVENUE YAKIMA WA 98903 CONSTRUCTION WORK 204325 SNAP ON INDUSTRIAL 2011 W WASHINGTON AVENUE YAKIMA WA 98903 TOOLS 162235 MARK HELMS CONSTRUCTION 2011 W WASHINGTON AVENUE YAKIMA WA 98903 CONSTRUCTION WORK 100302 4 133438 133438 133438 TUITION 541860 10403517 10403517 WORK ORDERS 811000 213065 213065 CONT. EDUCATION & OTHER 611600 14609 14609 10631191 465900 465900 34497 14357 20140 20140 20140 14469619 10600 14661997 0 -192378 10600 -181778 -181778 184597 141472 43125 43125 BAD DEBT RECOVERY 900099 42420 42420 ADMINSTRATION FEES 900099 37955 37955 MISCELLANEOUS REVENUE 900099 26301 26301 106676 11218692 10492538 0 592716 296605 296605 5152896 4146405 1006491 277705 197138 80567 930457 653780 276677 454934 343924 111010 6271 6271 70335 70335 107929 40784 67145 122991 25168 89005 8818 104003 57345 46658 326401 4026 322375 84679 57255 27424 259477 259477 979495 317827 661668 126468 126468 SUPPLIES 407709 295978 111731 SOFTWARE 229845 47975 181870 WORK ORDER EXPENSE 193948 193948 INSTRUCTIONAL COSTS 182691 182691 644962 377543 267419 10959801 7201264 3749719 8818 2917512 2834857 1047347 1237633 569446 903641 146291 69112 256591 255169 22897535 10401551 13262406 12495984 15617529 15063952 764317 5783119 34581439 38643467 735349 1223929 5592638 5196612 2917388 3088041 9245375 9508582 X 25307303 29105956 28761 28929 25336064 29134885 34581439 38643467 X 258891 48263 3834 3487833 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6788881 -26390 305385 44676 6412430 6373751 760330 332622 12578 6788881 6112481 527446 246187 19989 6373751 6308742 521 107743 253407 51118 6112481 5811894 182 779151 258070 24415 6308742 0.88030 0.11970 0 1 1 92057 92057 19051601 7703003 11348598 3654827 2660580 994247 99050 37968 61082 12495984 CONSTRUCTION IN PROGRESS 5261117 STUDENT LOANS 6689 RESTRICTED CASH-CASH SURRENDER VALUE OF LIFE INSURANCE 515313 5783119 UNEARNED TUITION 2869518 DEFERRED COMPENSATION 218523 3088041 X PART V, LINE 4: ENDOWMENT FUNDS RAISE FUNDS FOR SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS AND TO ASSURE THE LONG TERM STABILITY AND EXISTENCE OF PERRY TECHNICAL INSTITUTE. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST AND FOUNDATION HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST AND FOUNDATION ARE SUBJECT TO AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE TRUST AND FOUNDATION ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDING PRIOR TO JUNE 30, 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL STUDENT SOLICITATION CONTAINS THE NON-DISCRIMINATORY POLICY OF THE INSTITUTE. NEWSPAPER MEDIA IS USED EACH YEAR. SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL STUDENT FINANCIAL AID FOR THE DIRECT BENEFIT OF QUALIFIED STUDENTS. X 0 0 0 0 0 0 0 0 0 CHRISTINE COTE PRESIDENT 142455 0 0 0 0 0 0 0 22442 0 164897 0 0 0 A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 2007-10-26 5000000 FOR CONSTRUCTION OF AN EDUCATIONAL FACILITY 0 0 0 A 4265549 4265549 2009 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, SCHEDULE K, PART II, LINE 3 THE AMOUNT LISTED ON PART II, LINE 3, TOTAL PROCEEDS OF ISSUE IS DIFFERENT FROM PART I, COLUMN E, ISSUE PRICE DUE TO $734,451 OF PRINCIPAL PAYMENTS MADE ON THE BOND. X INFORMATIONAL TECHNOLOGY EQUIPMENT 1 35000 FAIR MARKET VALUE X ELECTRICAL EQUIPMENT 3 22775 FAIR MARKET VALUE X WELDING EQUIPMENT 3 22685 FAIR MARKET VALUE X AUTOMOTIVE EQUIPMENT 5 21270 FAIR MARKET VALUE X HVAC EQUIPMENT 2 6050 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AT A TRUSTEE MEETING BEFORE THE FORM WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED ANNUALLY. THE PRESIDENT USUALLY GOES THROUGH THE POLICY WITH EACH OFFICE STAFF MEMBER AND DEPARTMENT HEADS TO COMMUNICATE ITS IMPORTANCE AND ADDRESS ANY ISSUES THAT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE WASHINGTON STATE AND FEDERAL WAGE DATABASES, AS WELL AS THE PUBLIC INFORMATION ON WAGES FROM STATE COLLEGES, TO DETERMINE APPROPRIATE WAGE LEVELS FOR ALL EMPLOYEES EXCEPT THE PRESIDENT. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE COMPENSATION FOR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PAYMENTS TO AFFILIATES (NET) 3,487,833. FORM 990, PART XII, LINE 2C. THE ORGANIZATION MADE NO CHANGES TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON YAKIMA WA 98903 943188041 TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS WA 501(C)(3) 509(A)(3) JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1