2014-11-17T10:38:26-06:00 2014-06-30 910856953 ALEGRIA & COMPANY PS 601 NORTH 39TH AVENUE YAKIMA WA 98902 990 2013-07-01 910570848 JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE JMPE 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 CHRISTINE COTE PRESIDENT 5094350374 2014-11-14 1 BARRY WARNER P00008578 5095751065 2013 2015-11-30 17:44:51Z CHRISTINE COTE 2011 W WASHINGTON AVE YAKIMA WA 98903 17013630 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 3 170 129 0 0 54555 168332 9124455 10141335 898004 1246250 109148 226034 10186162 11781951 0 0 0 0 5816799 6584272 0 0 0 3878823 3849549 9695622 10433821 490540 1348130 31810789 34581439 9101255 9245375 22709534 25336064 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 10433821 11022053 FOR 75 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. NEARLY 700 STUDENTS ARE ENROLLED IN PERRY'S 10 TRAINING PROGRAMS. THE SCHOOL'S RETENTION RATE IS 84% AND THE PLACEMENT RATE IS 92%. IN 2012, PERRY TECHNICAL INSTITUTE WAS ONE OF 17 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 94%, A HIGH PLACEMENT RATE OF 91%, AND GRADUATES LAND HIGH-PAYING JOBS. CURRENTLY, THE PROGRAM IS FULL UNTIL JUNE 2015. 10433821 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 80 0 1 170 1 0 0 0 0 0 0 0 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 143825 0 21997 TRACY STOFFER DIRECTOR OF FINANCE 40.00 X 100585 0 13309 244410 0 35306 2 0 1 0 GRANITE CONSTRUCTION 2011 W WASHINGTON AVENUE YAKIMA WA 98903 CONSTRUCTION WORK 153741 BORA ARCHITECTURE 2011 W WASHINGTON AVENUE YAKIMA WA 98903 ARCHITECTURE SERVICES 114560 2 168332 168332 168332 TUITION 541860 9896134 9896134 WORK ORDERS 811000 227406 227406 CONT. EDUCATION & OTHER 611600 17795 17795 10141335 421215 421215 44097 13746 30351 30351 30351 5674201 4849166 825035 825035 825035 424450 368767 55683 55683 MISCELLANEOUS REVENUE 900099 140000 140000 140000 11781951 11022053 0 591566 279716 279716 4769958 4769958 243573 243573 850085 850085 440940 440940 4660 4660 69116 69116 118119 118119 135769 135769 99505 99505 374739 374739 95887 95887 292589 292589 918851 918851 116866 116866 SOFTWARE 334195 334195 SUPPLIES 323272 323272 WORKORDER EXPENSE 196919 196919 INSTRUCTIONAL COSTS 196694 196694 572368 572368 10433821 10433821 0 0 1534716 2917512 1145812 1047347 873907 569446 158253 146291 212308 256591 22684462 9422056 13069844 13262406 14288081 15617529 0 527868 764317 31810789 34581439 196221 735349 5978172 5592638 2926862 2917388 9101255 9245375 X 22680914 25307303 28620 28761 22709534 25336064 31810789 34581439 X 1348130 1331089 17861 -70550 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6373751 760330 332622 12578 6788881 6112481 527446 246187 19989 6373751 6308742 521 107743 253407 51118 6112481 5811894 182 779151 258070 24415 6308742 5437686 2593 496266 100000 24651 5811894 0.83150 0.16850 0 1 1 92056 92056 19002637 7019416 11983221 3490719 2369624 1121095 99050 33016 66034 13262406 UNEARNED TUITION 2675431 DEFERRED COMPENSATION 241957 2917388 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, 2014 AND 2013, 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, 2011. 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 143825 0 0 0 0 0 0 0 21997 0 165822 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 TELECOMMUNICA 2 49530 FAIR MARKET VALUE X AUTOMOTIVE EQ 3 24691 FAIR MARKET VALUE X INDUSTRIAL EQ 2 23900 FAIR MARKET VALUE X HVAC EQUIPMEN 4 23434 FAIR MARKET VALUE X MACHINE EQUIP 3 16500 FAIR MARKET VALUE X ELECTRICAL EQ 3 13208 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) -70,550. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAD NO CHANGE IN ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX 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