2014-07-14T16:22:18-05:00 2013-08-31 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKE STE400 PLYMOUTH MEETING PA 19462 990 2012-09-01 751596658 PARKER UNIVERSITY PARK 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR FABRIZIO MANCINI 9724386932 2014-07-09 1 LARRY ADAMS P01314654 2156433900 2012 2015-11-30 17:44:51Z DR BRIAN MCAULAY 2540 WALNUT HILL LANE DALLAS TX 752295612 64925536 0 X WWW.PARKER.EDU X 1982 TX CHIROPRACTIC EDUCATION 15 15 519 15 221025 -122878 631268 710432 25114467 27951038 1314297 1712196 741063 675073 27801095 31048739 384933 450057 0 0 18069314 17215926 0 0 460022 9278752 10668477 27732999 28334460 68096 2714279 46240103 42682252 9850063 3047566 36390040 39634686 X PARKER UNIVERSITY, BUILT UPON THE LEGACY OF ITS FLAGSHIP DOCTOR OF CHIROPRACTIC PROGRAM, HAS ESTABLISHED ITSELF AS A LEADING COMPREHENSIVE INSTITUTION. PARKER UNIVERSITY PROVIDES STUDENTS, PATIENTS, AND WELLNESS PROFESSIONALS WITH THE KNOWLEDGE AND HEALTHCARE EXPERIENCES TO REALIZE THEIR FULL POTENTIAL THROUGH A DEDICATED FOCUS ON EDUCATION, RESEARCH, AND SERVICE. 0 0 15897671 450057 21811742 DOCTOR OF CHIROPRACTIC: PARKER UNIVERSITY'S MISSION IS TO EDUCATE INDIVIDUALS IN CHIROPRACTIC WELLNESS. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 721 STUDENTS FOR FALL 2012, 714 STUDENTS FOR SPRING 2013 AND 703 STUDENTS FOR SUMMER 2013. THE COLLEGE GRADUATED 164 STUDENTS DURING THE FISCAL YEAR. 2315039 0 4050512 POSTGRADUATE EDUCATION: THE UNIVERSITY HOLDS EDUCATIONAL SEMINARS TO ASSIST DOCTORS IN MEETING THE REQUIREMENTS OF NATIONAL AND STATE BOARDS OF CHIROPRACTIC. SEMINARS ARE ALSO HELD TO ASSIST DOCTORS IN DAILY OPERATIONS OF THEIR OFFICES. 637104 0 0 RESEARCH: CHIROPRACTIC RESEARCH IS AN IMPORTANT COMPONENT OF ACADEMIC ACTIVITY AT THE UNIVERSITY AND THEREFORE IS THE SOURCE OF CONTENT FOR QUALITY INSTRUCTIONAL PROGRAMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO CONDUCT, PRESENT AND PUBLISH RESEARCH RELATED TO CHIROPRACTIC. 601813 0 771361 MASSAGE SCHOOL: PARKER UNIVERSITY MASSAGE SCHOOL'S MISSION IS TO EDUCATE INDIVIDUALS IN MASSAGE THERAPY. OUR ENROLLMENTS FOR THIS FISCAL YEAR WERE AS FOLLOWS: 62 STUDENTS FOR FALL 2012, 61 STUDENTS FOR SPRING 2013 AND 44 STUDENTS FOR SUMMER 2013. THE COLLEGE GRADUATED 68 STUDENTS DURING THE FISCAL YEAR. 413779 0 1317423 UNDERGRADUATE AND GRADUATE PROGRAMS: THE UNIVERSITY OFFERS A VARIETY OF UNDERGRADUATE AND GRADUATE PROGRAMS, ALL ARE BASED ON THE CORE PRINCIPLES OF PARKER UNIVERSITY AND ARE HEALTH CARE RELATED. 1015592 2088784 19865406 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 143 0 1 519 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X PARKER UNIVERSITY BUSINESS OFFICE 9724386932 2540 WALNUT HILL LANE DALLAS TX 752295612 DR WRIGHT LASSITER 2.00 X X 0 0 0 DR MICHAEL FLYNN 2.00 X X 0 0 0 DR STACEY OLSON 2.00 X X 0 0 0 DT NGUYEN 2.00 X X 0 0 0 DR STEVEN BROOKS 2.00 X 0 0 0 DR PHILIP COOK 2.00 X 0 0 0 JOHN DEALEY 2.00 X 0 0 0 DR JACK DONOVAN 2.00 X 0 0 0 DR ANDREW HATCH 2.00 X 0 0 0 DR RAYMUND KING 2.00 X 0 0 0 DR ROBERT LONGENECKER 2.00 X 0 0 0 DR JONATHAN MORGAN 2.00 X 0 0 0 DR FRANCIS MURPHY 2.00 X 0 0 0 BILL NARDIELLO 2.00 X 0 0 0 PATRICK WALCH 2.00 X 0 0 0 DR FABRIZIO MANCINI 40.00 X 905658 0 39191 DR BRIAN MCAULAY 40.00 X 0 0 0 DR GERY HOCHANADEL 40.00 X 307013 0 17757 DAVID GARAFOLA 40.00 X 206062 0 22735 DR KENNETH THOMAS 40.00 X 192823 0 17197 DR GILLES LAMARCHE 40.00 X 190834 0 11143 AMANDA RAINEY 40.00 X 65566 0 4519 TIMOTHY GROSS 40.00 X 0 0 0 JANELL GIBSON 40.00 X 0 0 0 DR GENE GIGGLEMAN 40.00 X 152848 0 17787 DR RONALD RUPERT 40.00 X 138957 0 12636 MATTHEW EISERLOH 40.00 X 122542 0 20178 DR PATRICK BODNAR 40.00 X 108892 0 18776 THANH PHAM 40.00 X 132162 0 267 SANDRA MCLEAN 40.00 X 115777 0 14225 2639134 0 196411 16 0 1 0 CLIFTONLARSONALLEN LLP 610 GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 PROFESSIONAL SERVICES 106317 1 168677 541755 122052 710432 TUITION AND FEES 611310 26692979 26692979 EDUCATIONAL CLINICS 611310 1047811 1047811 DINING AND OTHER AUXILIARY 611310 210248 210248 27951038 727019 727019 39477 100813 -61336 -61336 -61336 32551065 10500 31573952 2436 977113 8064 985177 985177 37268 37988 -720 -720 2885599 2161608 723991 221025 502966 MISCELLANEOUS 611310 13138 13138 13138 31048739 27951038 221025 2166244 450057 450057 2179919 443494 1454859 281566 12065657 8763254 3273688 28715 474752 335771 134094 4887 1526882 1225508 269319 32055 968716 670772 275858 22086 58968 58968 92683 92683 66000 66000 202081 202081 219922 91209 128713 779199 183951 594871 377 1035489 590031 422388 23070 459528 388111 70664 753 21758 21758 2633000 1709629 923371 202370 77735 110252 14383 6098 6098 1699658 1537444 162214 249774 249774 SEMINAR EXPENSE 1156300 1155702 598 STUDENT LIFE 494916 415176 31276 48464 DUES AND SUBSCRIPTIONS 276382 110068 165872 442 BANK FEES 238491 154579 83912 775860 1535059 -762423 3224 28334460 19865406 8009032 460022 8548772 3025365 191875 194000 403441 173080 300937 369815 212041 223877 1447131 1322394 208914 747900 32693646 25019898 7597847 7673748 26839931 28927663 489214 24410 46240103 42682252 1434225 2016557 7628123 768677 146126 79086 641589 183246 9850063 3047566 X 35085325 38571817 808004 551954 496711 510915 36390040 39634686 46240103 42682252 2714279 530367 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 66000 66000 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE UNIVERSITY USES A LOBBYIST IN AUSTIN TEXAS. THEY SPEAK TO THE MEMBERS OF THE TEXAS LEGISLATURE IN ORDER TO GAIN SUPPORT FOR LEGISLATION DIRECTLY RELATED TO PARKER UNIVERSITY OR RELATED TO ISSUES IN FURTHERANCE OF CHIROPRACTIC IN GENERAL. 648724 14204 67081 7500 722509 570681 51441 32602 6000 648724 532375 39583 3723 5000 570681 480187 50212 5976 4000 532375 440384 37932 6871 5000 480187 0.00000 0.70710 0.29290 0 0 1294500 1294500 20956217 16624788 4331429 9872730 7935075 1937655 570199 460035 110164 7673748 US GOVERNMENT LOANS REFUNDABLE 183246 183246 X 33227377 530367 2300409 2830776 30396601 202081 450057 652138 31048739 29982731 2300409 2300409 27682322 202081 450057 652138 28334460 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLORSHIPS TO CURRENT AND INCOMING STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY AS A RESULT OF THE APPLICTION OF THIS STANDARD. THE UNIVERSITY FILES AS A TAX-EXEMPT ORGANIZATION. THE UNIVERSITY'S TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 100,813. COST OF GOODS SOLD 2,161,608. SPECIAL EVENTS EXPENSE 37,988. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 450,057. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 100,813. COST OF GOODS SOLD 2,161,608. SPECIAL EVENTS EXPENSE 37,988. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & SCHOLARSHIPS 450,057. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 WE HAVE NOT PUBLICIZED OUR POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. IT IS INCLUDED IN WRITTEN COMMUNICATION WITH THE PUBLIC DEALING WITH STUDENT'S ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FINANCIAL AID FUNDS AND STATE FINANCIAL AID FOR ITS STUDENTS. STARLIGHT SOIREE 37268 37268 37431 557 37268 37268 37431 557 37988 -720 1 STUDENT TUITION GRANTS 352 450057 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY HAS A SCHOLARSHIP COMMITTEE THAT SELECTS ALL SCHOLARSHIP RECIPIENTS. THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS TO STUDENTS BASED ON NEED. X X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 DR FABRIZIO MANCINI 372566 0 0 0 533092 0 22688 0 16503 0 944849 0 0 0 DR GERY HOCHANADEL 298613 0 0 0 8400 0 7666 0 10091 0 324770 0 0 0 DAVID GARAFOLA 206062 0 0 0 0 0 12600 0 10135 0 228797 0 0 0 DR KENNETH THOMAS 184943 0 0 0 7880 0 11124 0 6073 0 210020 0 0 0 DR GILLES LAMARCHE 129159 0 0 0 61675 0 7785 0 3358 0 201977 0 0 0 DR GENE GIGGLEMAN 127637 0 0 0 25211 0 7812 0 9975 0 170635 0 0 0 DR RONALD RUPERT 138957 0 0 0 0 0 8343 0 4293 0 151593 0 0 0 PART I, LINE 1A DR. FABRIZIO MANCINI: HOUSING ALLOWANCE AND HEALTH CLUB DUES - INCLUDED IN TAXABLE INCOME. PART I, LINES 4A-B DR. FABRIZIO MANCINI - 457 PLAN - $469,493 DR. FABRIZIO MANCINI - SEVERANCE PAYMENT - $19,310 DR. GILLES LAMARCHE - SEVERANCE PAYMENT - $53,000 X 1 12484 STOCK MARKET QUOTES X 1 97808 COST X OFFICE EQUIPMENT 1 11760 COST 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTORS ON SCHEDULE M, PART I, COLUMN B. FORM 990, PART VI, SECTION B, LINE 11 THE UNIVERSITY'S FORM 990 WILL BE SENT TO THE BOARD AT LEAST 30 DAYS BEFORE FILING. EACH MEMBER WILL BE INSTRUCTED TO REVIEW AND FORWARD ANY QUESTIONS OR CONCERNS TO UNIVERSITY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BYLAWS PROHIBIT THE TRUSTEES FROM PARTICIPATING IN DECISIONS WHEN THEY HAVE A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK APPLIES TO ALL EMPLOYEES AND PROHIBITS CONTRACTS BETWEEN THE UNIVERSITY AND ANY FIRM OR INDIVIDUAL IN WHICH AN EMPLOYEE HAS A MATERIAL FINANCIAL INTEREST. TO MONITOR THE PRESENCE OF ANY CONFLICTS, THE TRUSTEES, THE PRESIDENT, THE VICE PRESIDENTS, THE GENERAL COUNSEL, DEPARTMENT DIRECTORS, AND EMPLOYEES IN PURCHASING AND FINANCIAL AID MUST ANNUALLY COMPLETE A FORM TO DISCLOSE ANY CONFLICT OF INTEREST. EMPLOYMENT AGREEMENTS ALSO REQUIRE THAT SOME EMPLOYEES 1) DISCLOSE CONFLICTS OF INTEREST AND 2) REFRAIN FROM PARTICIPATING IN DECISIONS CONCERNING THAT SUBJECT. THE DISCLOSURE FORMS OF TRUSTEES ARE REVIEWED BY THE GENERAL COUNSEL. THE DISCLOSURE FORMS OF EMPLOYEES ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES. IF ADDITIONAL ACTION IS NECESSARY TO EVALUATE THE CONFLICT OR TO PREVENT THAT TRUSTEE OR EMPLOYEE FROM PARTICIPATING IN DECISIONS INVOLVING THAT CONFLICT OF INTEREST, THE DIRECTOR OF HUMAN RESOURCES MAY SEEK ASSISTANCE FROM THE VICE PRESIDENT OF BUSINESS OR THE GENERAL COUNSEL. IF NECESSARY, THE VICE PRESIDENT OR GENERAL COUNSEL MAY SEEK ASSISTANCE FROM THE PRESIDENT OR THE CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS DETERMINED BY THE BOARD OF TRUSTEES. THE PRESIDENTIAL REVIEW COMMITTEE WORKS WITH AN INDEPENDENT CONSULTANT AND MAKES A RECOMMENDATION TO ENTIRE BOARD. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2012. COMPENSATION FOR EXECUTIVE MEMBERS OF THE ORGANIZATION HAS HISTORICALLY BEEN CONDUCTED AT THE SAME TIME THE PRESIDENT'S COMPENSATION IS REVIEWED. THE LAST INDEPENDENT REVIEW AS OUTLINED BY THE CRITERIA WAS CONDUCTED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.