LEBANON VALLEY COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LEBANON VALLEY COLLEGE (EIN 23-1352354)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-08
- IRS object ID
- 201441289349300324
- Schema version
- 2012v2.1
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-08T08:54:23-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232932984 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 PUBLIC SQUARE SUITE 400 | AddressLine1 |
| City | WILKESBARRE | City |
| State | PA | State |
| ZIP Code | 187012681 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352354 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEBANON VALLEY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEBA | NameControl |
| Phone | 7178676206 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 NORTH COLLEGE AVENUE | AddressLine1 |
| City | ANNVILLE | City |
| State | PA | State |
| ZIP Code | 170030501 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH FULLAM | Name |
| Title | INTERIM VP FOR FINANCE | Title |
| Phone | 7178676206 | Phone |
| Date Signed | 2014-05-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS C GREEN CPA JD | Name |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LEWIS E THAYNE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 NORTH COLLEGE AVENUE | AddressLine1 |
| City | ANNVILLE | City |
| State | PA | State |
| ZIP Code | 170030501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 99064726 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LVC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1866 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDES EDUCATIONAL SERVICES AT THE UNDERGRADUATE AND GRADUATE LEVEL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1776 | TotalNbrEmployees |
| Total Nbr Volunteers | 667 | TotalNbrVolunteers |
| Total Gross UBI | 396930 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -55319 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4716228 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5156612 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 57339608 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 59008028 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 775890 | InvestmentIncomePriorYear |
| Investment Income Current Year | 717813 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 12299883 | OtherRevenuePriorYear |
| Other Revenue Current Year | 12716198 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 75131609 | TotalRevenuePriorYear |
| Total Revenue Current Year | 77598651 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 26660401 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 27643091 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26559689 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27447009 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1234559 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20957275 | OtherExpensePriorYear |
| Other Expenses Current Year | 22464113 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 74177365 | TotalExpensesPriorYear |
| Total Expenses Current Year | 77554213 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 954244 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 44438 | RevenuesLessExpensesCY |
| Total Assets BOY | 158763668 | TotalAssetsBOY |
| Total Assets EOY | 158026806 | TotalAssetsEOY |
| Total Liabilities BOY | 45166712 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 43074497 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 113596956 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 114952309 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | LEBANON VALLEY COLLEGE IS A SMALL, PRIVATE, LIBERAL ARTS COLLEGE. ITS MISSION ARISES DIRECTLY FROM ITS HISTORICAL TRADITIONS AND A RELATIONSHIP WITH THE UNITED METHODIST CHURCH. THE COLLEGE'S AIM IS TO ENABLE OUR STUDENTS TO BECOME PEOPLE OF BROAD VISION, CAPABLE OF MAKING INFORMED DECISIONS, AND PREPARED FOR A LIFE OF SERVICE TO OTHERS. TO THAT END WE SEEK TO PROVIDE AN EDUCATION THAT HELPS STUDENTS TO ACQUIRE THE KNOWLEDGE, SKILLS, ATTITUDES, AND VALUES NECESSARY TO LIVE AND WORK IN A CHANGING, DIVERSE, AND FRAGILE WORLD. THROUGH BOTH CURRICULAR AND CO-CURRICULAR ACTIVITIES WE ENDEAVOR TO ACQUAINT OUR STUDENTS WITH HUMANITY'S MOST SIGNIFICANT IDEAS AND ACCOMPLISHMENTS, TO DEVELOP THEIR ABILITIES TO THINK LOGICALLY AND COMMUNICATE CLEARLY, TO GIVE THEM PRACTICE IN PRECISE ANALYSIS AND EFFECTIVE PERFORMANCE, AND TO ENHANCE THEIR SENSITIVITY TO AND APPRECIATION OF DIFFERENCES AMONG HUMAN BEINGS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 69284484 | Expense |
| Grants | 27643091 | Grants |
| Revenue | 59448716 | Revenue |
| Description | LEBANON VALLEY COLLEGE, FOUNDED IN 1866, OFFERS BACHELOR'S DEGREES IN 35 MAJORS; MASTER'S DEGREES IN BUSINESS ADMINISTRATION, MUSIC EDUCATION, AND SCIENCE EDUCATION; AND A DOCTORAL DEGREE IN PHYSICAL THERAPY. LOCATED EIGHT MILES FROM HERSHEY, PENNSYLVANIA, THIS LIBERAL ARTS COLLEGE OF 1,984 TOTAL ENROLLED STUDENTS PRODUCES ALUMNI WHO ATTEND GRADUATE AND PROFESSIONAL SCHOOL AND ARE EMPLOYED BY TOP COMPANIES. NEARLY 80% OF OUR FIRST-TIME, FULL-TIME FRESHMAN (WHO HAVE HIGH SCHOOL CLASS RANKS) GRADUATE IN THE TOP 30% OF THEIR HIGH SCHOOL CLASS & RECEIVE SCHOLARSHIPS OF UP TO HALF THEIR TUITION. | Description |
| Total Program Service Expense | 69284484 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2826 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1776 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELEANOR LEWIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7178676206 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 NORTH COLLEGE AVENUE | AddressLine1 |
| City | ANNVILLE | City |
| State | PA | State |
| ZIP Code | 170030501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (50 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| WESLEY T DELLINGER | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| GEORGE M REIDER JR | ||||||||
| VICE CHAIR (UNTIL MAY 2013) | 1.00 | X | X | 0 | 0 | 0 | ||
| KATHERINE J BISHOP | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| GEORGE J KING | ||||||||
| ASST TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| GERET P DEPIPER | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| KRISTEN R ANGSTADT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| EDWARD D BREEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TERENCE C BROWN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| REV ALFRED T DAY III | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SUSANNE HARLEY DOMBROWSKI | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RONALD J DRNEVICH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RENEE FRITZ | ||||||||
| STUDENT TRUSTEE (UNTIL MAY 2013) | 1.00 | X | 884 | 0 | 0 | |||
| JAMES G GLASGOW | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WENDIE DIMATTEO HOLSINGER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MALCOLM L LAZIN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SETH MENDELSOHN | ||||||||
| TRUSTEE | 1.00 | X | 9000 | 0 | 0 | |||
| CARROLL SKIP MISSIMER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CHESTER Q MOSTELLER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RENEE LAPP NORRIS | ||||||||
| FACULTY TRUSTEE (UNTIL MAY 2013) | 40.00 | X | 61857 | 0 | 11006 | |||
| STEPHEN M NELSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| LYNN G PHILLIPS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL PITTARI | ||||||||
| FACULTY TRUSTEE | 40.00 | X | 60964 | 0 | 20162 | |||
| JEFFREY ROBBINS | ||||||||
| FACULTY TRUSTEE | 40.00 | X | 63366 | 0 | 20228 | |||
| STEPHEN H ROBERTS | ||||||||
| TRUSTEE (UNTIL MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| ELLIOTT ROBINSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ELYSE E ROGERS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TRACEY A STOVER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ALAN A SYMONETTE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RYAN H TWEEDIE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ELIZABETH R UNGER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERTO M VALDES | ||||||||
| STUDENT TRUSTEE | 1.00 | X | 9838 | 0 | 0 | |||
| ALBERTINE P WASHINGTON | ||||||||
| TRUSTEE (UNTIL MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| SAMUEL A WILLMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEANNE D ARNOLD | ||||||||
| TRUSTEE (STARTING MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| SUSAN M CORBETT | ||||||||
| TRUSTEE (STARTING MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| M LOUISE HESS | ||||||||
| TRUSTEE (STARTING MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| KAT O'HARA | ||||||||
| STUDENT TRUSTEE (STARTING MAY 2013) | 1.00 | X | 684 | 0 | 0 | |||
| KAREN A SCHMITT | ||||||||
| TRUSTEE (STARTING MAY 2013) | 1.00 | X | 0 | 0 | 0 | |||
| KENNETH YARNALL | ||||||||
| FACULTY TRUSTEE (STARTING MAY 2013) | 40.00 | X | 70548 | 0 | 20851 | |||
| LEWIS E THAYNE | ||||||||
| PRESIDENT | 40.00 | X | X | 120426 | 0 | 13553 | ||
| STEVEN MACDONALD | ||||||||
| PRESIDENT (UNTIL JULY 2012) | 40.00 | X | 248441 | 0 | 30368 | |||
| DEBORAH FULLAM | ||||||||
| VP FINANCE | 40.00 | X | 172850 | 0 | 15813 | |||
| MARY ELIZABETH | ||||||||
| EXECUTIVE ASSISTANCE TO PRESIDENT | 40.00 | X | 88797 | 0 | 13169 | |||
| MICHAEL GREEN | ||||||||
| VP FOR ACADEMIC AFFAIRS | 40.00 | 168727 | 0 | 31074 | X | |||
| ROBERT RILEY | ||||||||
| VP ADMIN. & IT | 40.00 | 153621 | 0 | 27708 | X | |||
| STAN DACKO | ||||||||
| PROFESSOR OF PHYSICAL THER | 40.00 | 115109 | 0 | 28281 | X | |||
| GREGORY KRIKORIAN | ||||||||
| VP STUDENT AFFAIRS | 40.00 | 123253 | 0 | 31873 | X | |||
| DAVID RUDD | ||||||||
| PROFESSOR OF BUSINESS/ECON | 40.00 | 111296 | 0 | 23283 | X | |||
| WILLIAM BROWN | ||||||||
| VP ENROLLMENT | 40.00 | 114581 | 0 | 26125 | X | |||
| ANNE BERRY | ||||||||
| VP FOR ADVANCEMENT | 40.00 | 168737 | 0 | 8221 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1862979 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 321715 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| METZ CULINARY MANAGEMENT | |||||
| 2 WOODLAND DRIVE | DALLAS | PA | 18612 | FOOD SERVICE PROVIDER | 3445784 |
| CLARK COMPANIES | |||||
| PO BOX 427 | DELHI | NY | 13753 | CONSTRUCTION SERVICES | 1490800 |
| JEM GROUP LLC | |||||
| 509 NORTH SECOND STREET | HARRISBURG | PA | 17101 | CONSTRUCTION SERVICES | 1041636 |
| HIGH CONSTRUCTION | |||||
| 1853 WILLIAM PENN WAY | LANCASTER | PA | 17605 | CONSTRUCTION SERVICES | 726900 |
| ROYALL & COMPANY | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23229 | PUBLICATIONS | 412175 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 17 | NumberOfContractorsGT100K |
| Fundraising Events | 46742 | FundraisingEvents |
| Government Grants | 2372031 | GovernmentGrants |
| All Other Contributions | 2737839 | AllOtherContributions |
| Noncash Contributions | 97535 | NoncashContributions |
| Total Contributions | 5156612 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STUDENT TUITION AND FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 59008028 | TotalRevenueColumn |
| Related Or Exempt Function Income | 59008028 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 59008028 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1050965 | TotalRevenueColumn |
| Exclusion | $1,050,965 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8675 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16321 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -7646 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -7646 | TotalRevenueColumn |
| Exclusion | -$7,646 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 20965241 | Securities |
| Other | 300 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21298693 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -333452 | Securities |
| Other | 300 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -333152 | TotalRevenueColumn |
| Exclusion | -$333,152 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 19585 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 46742 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 21762 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2177 | TotalRevenueColumn |
| Exclusion | -$2,177 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 145889 | GrossSalesOfInventory |
| Cost Of Goods Sold | 129299 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16590 | TotalRevenueColumn |
| Exclusion | $16,590 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| DORMITORIES | 721000 | 6085644 | $6,085,644 | |
| DINING HALL | 722320 | 5461101 | $5,461,101 | |
| ATHLETIC CAMPS & TOURNAMENTS | 713990 | 440688 | 440688 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 721998 | TotalRevenueColumn |
| Unrelated Business Revenue | 396930 | UnrelatedBusinessRevenue |
| Exclusion | $325,068 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 12709431 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 77598651 | TotalRevenueColumn |
| Related Or Exempt Function Income | 59448716 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 396930 | UnrelatedBusinessRevenue |
| Exclusion | $12,596,393 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92200 | Total |
| Program Services | 92200 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27514222 | Total |
| Program Services | 27514222 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36669 | Total |
| Program Services | 36669 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 900831 | Total |
| Program Services | 494923 | ProgramServices |
| Management And General | 315908 | ManagementAndGeneral |
| Fundraising | 90000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20536947 | Total |
| Program Services | 17193620 | ProgramServices |
| Management And General | 2676356 | ManagementAndGeneral |
| Fundraising | 666971 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1559502 | Total |
| Program Services | 1291339 | ProgramServices |
| Management And General | 212506 | ManagementAndGeneral |
| Fundraising | 55657 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2913701 | Total |
| Program Services | 2409582 | ProgramServices |
| Management And General | 400084 | ManagementAndGeneral |
| Fundraising | 104035 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1536028 | Total |
| Program Services | 1274201 | ProgramServices |
| Management And General | 208215 | ManagementAndGeneral |
| Fundraising | 53612 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132278 | Total |
| Program Services | 132278 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77440 | Total |
| Program Services | 77440 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101713 | Total |
| Management And General | 101713 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4379046 | Total |
| Program Services | 3702721 | ProgramServices |
| Management And General | 560931 | ManagementAndGeneral |
| Fundraising | 115394 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1326058 | Total |
| Management And General | 1287741 | ManagementAndGeneral |
| Fundraising | 38317 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2217839 | Total |
| Program Services | 1721327 | ProgramServices |
| Management And General | 435736 | ManagementAndGeneral |
| Fundraising | 60776 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168557 | Total |
| Program Services | 152609 | ProgramServices |
| Management And General | 13691 | ManagementAndGeneral |
| Fundraising | 2257 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1660936 | Total |
| Program Services | 1647832 | ProgramServices |
| Management And General | 13104 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899455 | Total |
| Program Services | 784969 | ProgramServices |
| Management And General | 74665 | ManagementAndGeneral |
| Fundraising | 39821 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1329908 | Total |
| Program Services | 1329908 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5433539 | Total |
| Program Services | 5433539 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 512316 | Total |
| Program Services | 512316 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| REPAIR/MAINTENANCE | 1705326 | 1171611 | 529898 | 3817 |
| BUILDING MAINTENANCE | 841679 | 841679 | ||
| LIBRARY MATERIALS | 814113 | 814113 | ||
| STUCO/CULTURAL PROGRAMS | 236460 | 236460 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 627450 | Total |
| Program Services | 418926 | ProgramServices |
| Management And General | 204622 | ManagementAndGeneral |
| Fundraising | 3902 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77554213 | Total |
| Program Services | 69284484 | ProgramServices |
| Management And General | 7035170 | ManagementAndGeneral |
| Fundraising | 1234559 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4001 | BOY |
| EOY | 4001 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3282191 | BOY |
| EOY | 3959220 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2177290 | BOY |
| EOY | 1901707 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1266211 | BOY |
| EOY | 718265 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2148053 | BOY |
| EOY | 2166625 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63606 | BOY |
| EOY | 52462 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1342219 | BOY |
| EOY | 1332442 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 158529404 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 67730490 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91469306 | BOY |
| EOY | 90798914 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50201748 | BOY |
| EOY | 52418704 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6809043 | BOY |
| EOY | 4674466 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 158763668 | BOY |
| EOY | 158026806 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4587925 | BOY |
| EOY | 3744968 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183533 | BOY |
| EOY | 166890 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36624796 | BOY |
| EOY | 35192552 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3770458 | BOY |
| EOY | 3970087 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45166712 | BOY |
| EOY | 43074497 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65372265 | BOY |
| EOY | 66208535 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13472373 | BOY |
| EOY | 12719060 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34752318 | BOY |
| EOY | 36024714 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113596956 | BOY |
| EOY | 114952309 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 158763668 | BOY |
| EOY | 158026806 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 44438 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1299347 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 11568 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 45126214 | BeginningOfYearBalance |
| Contributions | 1347586 | Contributions |
| Investment Earnings Or Losses | 1732280 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1005251 | GrantsOrScholarships |
| Other Expenditures | 1097685 | OtherExpenditures |
| End Of Year Balance | 46103144 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46369916 | BeginningOfYearBalance |
| Contributions | 1461762 | Contributions |
| Investment Earnings Or Losses | -749106 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 929836 | GrantsOrScholarships |
| Other Expenditures | 1026522 | OtherExpenditures |
| End Of Year Balance | 45126214 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41520440 | BeginningOfYearBalance |
| Contributions | 1298876 | Contributions |
| Investment Earnings Or Losses | 5598544 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 970532 | GrantsOrScholarships |
| Other Expenditures | 1077412 | OtherExpenditures |
| End Of Year Balance | 46369916 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36996024 | BeginningOfYearBalance |
| Contributions | 1620390 | Contributions |
| Investment Earnings Or Losses | 4927745 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 955170 | GrantsOrScholarships |
| Other Expenditures | 1068549 | OtherExpenditures |
| End Of Year Balance | 41520440 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43594697 | BeginningOfYearBalance |
| Contributions | 872142 | Contributions |
| Investment Earnings Or Losses | -5434999 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 959263 | GrantsOrScholarships |
| Other Expenditures | 1076553 | OtherExpenditures |
| End Of Year Balance | 36996024 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.67000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2046590 | OtherCostOrOtherBasis |
| Book Value | 2046590 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 119438374 | OtherCostOrOtherBasis |
| Depreciation | 46529101 | Depreciation |
| Book Value | 72909273 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19838333 | OtherCostOrOtherBasis |
| Depreciation | 13634996 | Depreciation |
| Book Value | 6203337 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17206107 | OtherCostOrOtherBasis |
| Depreciation | 7566393 | Depreciation |
| Book Value | 9639714 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 90798914 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIABILITY ON ANNUITY CONTRACTS | $913,194 |
| STUDENT CREDIT BALANCES AND DEPOSITS | $1,338,412 |
| ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS | $1,718,481 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3970087 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 53284064 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1299347 | NetUnrealizedGainsInvestments |
| Other Revenues | -25679603 | OtherRevenues |
| Revenue Not Rptd F990 | -24380256 | RevenueNotRptdF990 |
| Revenue Subtotal | 77664320 | RevenueSubtotal |
| Investment Expenses Not Included | 101713 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -167382 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -65669 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 77598651 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 51928711 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 167382 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 167382 | ExpensesNotRptdF990 |
| Expenses Subtotal | 51761329 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 101713 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 25691171 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 25792884 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 77554213 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE COLLEGE'S COLLECTION CONSISTS OF ARTWORK, RARE BOOKS AND OTHER OBJECTS. THE COLLECTION IS HELD FOR EDUCATION, RESEARCH AND PUBLIC EXHIBITION AND IS PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED. | |
| PART V, LINE 4: | TO SUPPORT EDUCATIONAL PROGRAMS IN ACCORDANCE WITH THE DONOR DESIGNATIONS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE COLLEGE FOLLOWS THE FASB GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED BASED ON A "MORE LIKELY THAN NOT' TO BE SUSTAINED UPON EXAMINATION THRESHOLD. THE COLLEGE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE COLLEGE'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR 2011, 2010, AND 2009 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| STUDENT EDUCATIONAL GRANTS -25,691,171. CHANGE IN CASH SURRENDER VALUE 11,568. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| COST OF GOODS FOR SALE OF INVENTORY -129,299. RENTAL EXPENSES -16,321. SPECIAL EVENTS EXPENSES -21,762. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSE 16,321. COST OF GOODS FOR SALE OF INVENTORY 129,299. SPECIAL EVENTS EXPENSES 21,762. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT EDUCATIONAL GRANTS 25,691,171. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE POLICY IS INCLUDED ON THE COLLEGE'S CATALOG, WEBSITE, PUBLICATIONS, ETC. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES VARIOUS FEDERAL GRANTS DIRECTLY FROM THE U.S. DEPARTMENT OF EDUCATION. THESE GRANTS INCLUDE SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, COLLEGE WORK-STUDY FUNDING, AND PELL GRANTS. THE COLLEGE ALSO RECEIVES GRANTS FROM THE COMMONWEALTH OF PENNSYLVANIA. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | BERMUDA | Region |
| Type Of Activities Conducted | INVESTMENT | TypeOfActivitiesConducted |
| Total Expenditures | 838825 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 838825 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 838825 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|---|
| INTERNATIONAL STUDENT GRANT | ASIA | 1 | 14223 | DISBURSEMENT TO STUDENT ACCOUNTS | N/A | CASH |
| INTERNATIONAL STUDENT GRANT | EUROPE | 1 | 11223 | DISBURSEMENT TO STUDENT ACCOUNTS | N/A | CASH |
| INTERNATIONAL STUDENT GRANT | CANADA | 1 | 11223 | DISBURSEMENT TO STUDENT ACCOUNTS | N/A | CASH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | LVEP GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 45667 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 35083 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 10584 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 4730 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 4753 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 3793 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LVC GOLF CLASSIC | NameOfEvent2 |
| Gross Receipts Event2 | 20660 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 11659 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 9001 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 1900 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 3697 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 2889 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 66327 | GrossReceiptsTotal |
| Charitable Contributions Total | 46742 | CharitableContributionsTotal |
| Gross Revenue Total Events | 19585 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 6630 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 8450 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 6682 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 21762 | DirectExpenseSummaryEvents |
| Net Income Summary | -2177 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| ANVILLE TOWNSHIP | |||||||||
| 36 NORTH LANCASTER STREET | ANNVILLE | PA | 17003 | 236003026 | N/A | 72200 | CASH | N/A | CONTRIBUTION FOR DEVELOPMENT OF DOWNTOWN ANNVILLE AND UNRESTRICTED CONTRIBUTION TO SUPPORT THE TOWNSHIP |
| ANVILLE -CLEONA SCHOOL DISCTICT | |||||||||
| 500 SOUTH WHITE OAK STREET | ANNVILLE | PA | 17003 | 231602952 | N/A | 17300 | CASH | N/A | UNRESTRICTED CONTRIBUTION TO SUPPORT THE SCHOOL DISTRICT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| LVC GRANTS & SCHOLARSHIPS | 1552 | 25530020 | CASH | N/A |
| SEOG GRANTS | 34 | 124482 | CASH | N/A |
| STUDENT AWARDS | 124 | 286817 | CASH | N/A |
| PELL GRANTS | 398 | 1488568 | CASH | N/A |
| FACULTY ACADEMIC GRANTS | 22 | 32335 | CASH | N/A |
| TEACH GRANT | 13 | 52000 | CASH | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: ALL STUDENTS APPLYING FOR FEDERAL FUNDS ARE REQUIRED TO SUBMIT THE FREE APPLICATION FOR FEDERAL STUDENT AID ("FAFSA"). THE FINANCIAL AID OFFICE REVIEWS THE RESULTS OF THE FAFSA, WHICH DICTATES WHAT AND HOW MUCH FEDERAL FUNDING THE INDIVIDUAL STUDENT IS ELIGIBLE FOR. IF THE STUDENT IS DETERMINED TO BE IN COMPLIANCE WITH ALL FEDERAL REGULATIONS, AS DETERMINED BY THE DEPT. OF ED., THE FINANCIAL AID OFFICE AWARDS THE STUDENT THE APPROPRIATE FUNDING. STUDENT FILES REGARDING ELIGIBILITY ARE MAINTAINED BY THE FINANCIAL AID OFFICE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVEN MACDONALD | ||||||||||||||
| PRESIDENT (UNTIL JULY 2012) | 248441 | 0 | 0 | 0 | 0 | 0 | 21375 | 0 | 8993 | 0 | 278809 | 0 | 0 | 0 |
| DEBORAH FULLAM | ||||||||||||||
| VP FINANCE | 172850 | 0 | 0 | 0 | 0 | 0 | 15377 | 0 | 436 | 0 | 188663 | 0 | 0 | 0 |
| MICHAEL GREEN | ||||||||||||||
| VP FOR ACADEMIC AFFAIRS | 168727 | 0 | 0 | 0 | 0 | 0 | 15802 | 0 | 15272 | 0 | 199801 | 0 | 0 | 0 |
| ROBERT RILEY | ||||||||||||||
| VP ADMIN. & IT | 153621 | 0 | 0 | 0 | 0 | 0 | 14350 | 0 | 13358 | 0 | 181329 | 0 | 0 | 0 |
| GREGORY KRIKORIAN | ||||||||||||||
| VP STUDENT AFFAIRS | 123253 | 0 | 0 | 0 | 0 | 0 | 12234 | 0 | 19639 | 0 | 155126 | 0 | 0 | 0 |
| ANNE BERRY | ||||||||||||||
| VP FOR ADVANCEMENT | 168737 | 0 | 0 | 0 | 0 | 0 | 5602 | 0 | 2619 | 0 | 176958 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | FROM THE EMPLOYMENT AGREEMENT BETWEEN LEBANON VALLEY COLLEGE AND LEWIS E. THAYNE - "THE COLLEGE SHALL PAY OR REIMBURSE THE EXECUTIVE FOR ALL REASONABLE BUSINESS EXPENSES INCURRED BY THE EXECUTIVE (AND HIS SPOUSE WHERE THERE IS A LEGITIMATE BUSINESS REASON FOR HIS SPOUSE TO ACCOMPANY HIM) IN CONNECTION WITH THE PERFORMANCE OF HIS DUTIES AND OBLIGATIONS UNDER THIS AGREEMENT. SUCH PAYMENTS SHALL INCLUDE REASONABLE REIMBURSEMENTS FOR TICKETS, SUBSCRIPTIONS, ETC. FOR THE EXECUTIVE AND HIS SPOUSE TO WORK-RELATED FUND RAISING EVENTS IN THE COMMUNITY. THESE EXPENDITURES SHALL BE SUBJECT TO THE REVIEW AND APPROVAL OF THE CHAIR OF THE BOARD." |
| PART I, LINE 4A | AN INDIVIDUAL REPORTED ON FORM 990 PART VII RECEIVED A SEVERANCE PAYMENT DURING 2012. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| RON DRNEVICH | |||
| TRUSTEE | 2226363 | RON DRNEVICH IS AN OFFICER OF CAPITAL BLUE CROSS, THE COLLEGE'S MEDICAL INSURANCE PROVIDER. ALL TRANSACTIONS ARE COMPLETED ON AN ARM'S LENGTH BASIS. | 0 |
| WENDIE HOLSINGER | |||
| TRUSTEE | 932188 | WENDIE HOLSINGER SERVICE ON THE LEBANON DIVISION OF THE FULTON BANK ADVISORY BOARD, THE COLLEGE'S FINANCIAL INSTITUTION. ALL TRANSACTIONS WITH FULTON ARE COMPLETED ON AN ARM'S LENGTH BASIS. INTEREST AND FEES PAID TO FULTON EQUAL $932,188 FOR FISCAL YEAR 2013. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1600 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | EXPERT OPINION/APPRAISAL | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 11594 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 78535 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | CLOSING COST | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | INSTRUMENTS | 2 | 19000 | EXPERT OPINION/APPRAISAL |
| X | MISC ITEMS | 3 | 6331 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | CURRENT TRUSTEES, RONALD DRNEVICH AND KATHERINE BISHOP HAVE A BUSINESS RELATIONSHIP. | |
| FORM 990, PART VI, SECTION A, LINE 3 | THE COLLEGE OUTSOURCED ITS FOOD SERVICE TO METZ. THE COLLEGE ALSO OUTSOURCED ITS BOOKSTORE OPERATIONS TO BARNES AND NOBLE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE OF THE BOARD REVIEWED THE COMPLETE 990 IN DETAIL DURING THE MARCH AUDIT COMMITTEE MEETING. A FULL COPY OF THE 990 WAS POSTED ON THE COLLEGE'S PORTAL FOR THE FULL BOARD'S REVIEW PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY. IN THE CASE OF THE BOARD AND SENIOR STAFF, INCLUDING THE PRESIDENT, THE TRUSTEESHIP COMMITTEE DEVELOPED A FORM, WHICH IS SCHEDULED TO BE COMPLETED ANNUALLY. LANGUAGE ON THE FORMS WAS MODIFIED IN 2010 TO BETTER REFLECT IRS FORM 990 DEFINITIONS / REQUIREMENTS. COMPLETED TRUSTEE FORMS ARE REVIEWED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT, AND MEMBERS OF THE TRUSTEESHIP COMMITTEE. MEMBERS OF THE TRUSTEESHIP COMMITTEE NOTE ANY RESPONSES THAT REQUIRE ATTENTION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF PRESIDENT AND VPS IS REVIEWED ANNUALLY BY COMPENSATION SUBCOMMITTEE OF BOARD TO ENSURE THAT COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. EXTERNAL BENCHMARK DATA FROM CUPA-HR IS SHARED AS A PART OF THIS REVIEW. COMPENSATION SUBCOMMITTEE MAKES THE DETERMINATION AND THE PROCESS IS NOTED IN MEETING MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AT 101 NORTH COLLEGE AVENUE UPON REQUEST. | |
| FORM 990, PART VII | THE FOLLOWING TRUSTEES ARE ALSO ON THE FACULTY OF LEBANON VALLEY COLLEGE WORKING EITHER FULLTIME, AS PART-TIME ADJUNCT PROFESSOR, OR STUDENT EMPLOYEES WORKING DURING THE ACADEMIC YEAR. COMPENSATION REPORTED ON PART VII RELATES TO THEIR EMPLOYMENT POSITIONS: - RENEE LAPP NORRIS - MICHAEL PITTARI - JEFFREY ROBBINS - KENNETH YARNALL - KAT O'HARA - ROBERTO VALDES - RENEE FRITZ - SETH MENDELSOHN | |
| FORM 990, PART XI, LINE 9: | CHANGE IN CASH SURRENDER VALUE 11,568. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART VI, LINE 1 | THE EXECUTIVE COMMITTEE IS COMPRISED OF OFFICERS OF THE BOARD, CHAIRS OF STANDING COMMITTEES, AND UP TO FOUR ADDITIONAL TRUSTEES AS APPOINTED BY THE CHAIR OF THE BOARD. ALL MEMBERS OF THE EXECUTIVE COMMITTEE MUST BE VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE BYLAWS OF THE BOARD OF TRUSTEES STIPULATE THAT THE EXECUTIVE COMMITTEE HAS, AND MAY EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES IN THE TRANSACTION OF THE BUSINESS OF THE COLLEGE BETWEEN MEETINGS OF THE BOARD. UNLESS SPECIFICALLY EMPOWERED BY THE BOARD, THE EXECUTIVE COMMITTEE MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS IN TAX-EXEMPT PROPERTY HELD FOR COLLEGE PURPOSES, PURCHASE OR SELL, MORTGAGE OR LEASE OR OTHERWISE ACQUIRE OR DISPOSE OF REAL PROPERTY, REMOVE OR APPOINT THE PRESIDENT OF THE COLLEGE, OR TAKE ANY OTHER ACTION THAT HAS BEEN RESERVED BY OR FOR THE BOARD. | |
| FORM 990, PART VI, LINE 14: | SEPARATE RETENTION POLICIES ARE MAINTAINED AT THE DEPARTMENT/DIVISIONAL LEVELS. IT IS THE COLLEGE'S GOAL TO CONSOLIDATE THESE POLICIES AND DEVELOP AN INSTITUTIONAL WIDE RETENTION POLICY. |