CARLOW UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CARLOW UNIVERSITY (EIN 25-0965438)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-29
- IRS object ID
- 201301199349300235
- Schema version
- 2011v1.5
- 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 K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-29T12:30:19-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251408703 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHNEIDER DOWNS & CO INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1133 PENN AVENUE | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15222 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 250965438 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLOW UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARL | NameControl |
| Phone | 4125786000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 FIFTH AVENUE | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15213 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICK CUNNINGHAM | Name |
| Title | VP FINANCE AND OPERATIONS | Title |
| Phone | 4125786000 | Phone |
| Date Signed | 2013-04-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUSAN M KIRSCH | Name |
| PTIN | P00341397 | PTIN |
| Phone | 4122613644 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR MARY HINES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 FIFTH AVENUE | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15213 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 70721306 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CARLOW.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1929 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | POST SECONDARY EDUCATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1059 | TotalNbrEmployees |
| Total Nbr Volunteers | 444 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5701103 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9276701 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 43330834 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 45640792 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 601524 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1219265 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4313 | OtherRevenuePriorYear |
| Other Revenue Current Year | -7390 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 49637774 | TotalRevenuePriorYear |
| Total Revenue Current Year | 56129368 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8783109 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9232006 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23350302 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24530200 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 185027 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 76000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1117837 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14565634 | OtherExpensePriorYear |
| Other Expenses Current Year | 15853851 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 46884072 | TotalExpensesPriorYear |
| Total Expenses Current Year | 49692057 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2753702 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6437311 | RevenuesLessExpensesCY |
| Total Assets BOY | 67111069 | TotalAssetsBOY |
| Total Assets EOY | 72668928 | TotalAssetsEOY |
| Total Liabilities BOY | 23823404 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 24707527 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43287665 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 47961401 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CARLOW UNIVERSITY IS A CATHOLIC, WOMEN-CENTERED, LIBERAL ARTS INSTITUTION EMBODYING THE HERITAGE AND VALUES OF THE SISTERS OF MERCY, AND ENGAGING ITS DIVERSE COMMUNITY IN A PROCESS OF LIFE-LONG LEARNING, SCHOLARSHIP AND RESEARCH. THIS ENGAGEMENT EMPOWERS INDIVIDUALS TO THINK CLEARLY AND CREATIVELY; TO ACTIVELY PURSUE INTELLECTUAL ENDEAVORS; TO DISCOVER, CHALLENGE, OR AFFIRM CULTURAL AND AESTHETIC VALUES; TO RESPOND REVERENTLY TO GOD AND OTHERS; AND TO EMBRACE AN ETHIC OF SERVICE FOR A JUST AND MERCIFUL WORLD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 42302662 | Expense |
| Grants | 9232006 | Grants |
| Revenue | 45640792 | Revenue |
| Description | CARLOW UNIVERSITY, A CATHOLIC, WOMEN-CENTERED, LIBERAL ARTS INSTITUTION EMBODYING THE HERITAGE AND VALUES OF THE SISTERS OF MERCY, ENGAGES ITS DIVERSE COMMUNITY IN A PROCESS OF LIFE-LONG LEARNING, SCHOLARSHIP, AND RESEARCH. THIS ENGAGEMENT EMPOWERS INDIVIDUALS TO THINK CLEARLY AND CREATIVELY; TO ACTIVELY PURSUE INTELLECTUAL ENDEAVORS; TO DISCOVER, CHALLENGE, OR AFFIRM CULTURAL AND AESTHETIC VALUES; TO RESPOND REVERENTLY TO GOD AND OTHERS; AND TO EMBRACE AN ETHIC OF SERVICE FOR A JUST AND MERCIFUL WORLD. CARLOW OFFERS UNDERGRADUATE DEGREE PROGRAMS IN THE ARTS AND SCIENCES, EDUCATION, MANAGEMENT, AND HEALTH CARE PROFESSIONS AND GRADUATE PROGRAMS IN BUSINESS ADMINISTRATION AND MANAGEMENT, HEALTH CARE, LEADERSHIP, AND PROFESSIONAL COUNSELING. | Description |
| Total Program Service Expense | 42302662 | 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 | 0 | 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 | 1 | 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 | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4466 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1059 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 0 | QuidProQuoContributions |
| 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 | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DOROTHY ANTONUCCI | NamePerson |
| Telephone Number | 4125788770 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 FIFTH AVENUE | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15213 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DEBORAH L ACKLIN | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JOYCE A BENDER | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| KATHLEEN W BUECHEL | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JACK L BURLEY SR | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JOANNE COURNEEN RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JOHN R DENNY JR | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JOHN GISLESON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| E JEANNE GLEASON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MARY BETH JENKINS | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| BARBARA CAPOZZI KIRR | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MAUREEN LALLY-GREEN | |||||||
| (EXIT 9/11) BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| DANIEL J LEBISH | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| DIANE C MATJE RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| INEZ MILES | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MILDRED S MYERS DA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| HELENE PAHARIK | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| PATRICIA WHALEN RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| GEORGE R WHITMER MPA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JAMES A WILKINSON JD | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JUDITH WORDEN RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| KAREN DUNN KELLEY | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| LOUISE R MALAKOFF JD | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| CECILIA MURPHY RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| THERESA A SCOTTI | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JUDITH STOJHOVIC RSM | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| GEORGE L PRY | |||||||
| CHAIR | 2.00 | X | 0 | 0 | 0 | X | |
| MICHELE R ATKINS | |||||||
| VICE CHAIR | 2.00 | X | 0 | 0 | 0 | X | |
| JACKIE DIXON | |||||||
| BOARD SECRETARY | 2.00 | X | 0 | 0 | 0 | X | |
| PAULA J HASBACH | |||||||
| BOARD TREASURER | 2.00 | X | 0 | 0 | 0 | X | |
| PATRICIA MARY HESPELEIN RSM | |||||||
| VICE CHAIR, MISSION | 2.00 | X | 0 | 0 | 0 | X | |
| MARY HINES PHD | |||||||
| UNIVERSITY PRESIDENT | 50.00 | X | 294234 | 0 | 60667 | X | |
| MARGARET MCLAUGHLIN | |||||||
| VP FOR ACADEMIC AFFAIRS | 50.00 | 167205 | 0 | 17074 | X | ||
| TYLER KELSCH | |||||||
| (EXIT 3/12) VP OF FINANCE & OPERATIONS | 50.00 | 161520 | 0 | 23606 | X | ||
| MARY BURKE | |||||||
| ASSOCIATE PROFESSOR | 40.00 | 110342 | 0 | 10476 | X | ||
| STEPHEN BORECKY | |||||||
| PROFESSOR OF BIOLOGY | 40.00 | 101563 | 0 | 27002 | X | ||
| KAREN GALENTINE | |||||||
| VP FOR ADVANCEMENT | 40.00 | 122096 | 0 | 7570 | X | ||
| DR CLARE HOPKINS | |||||||
| DEAN | 40.00 | 113353 | 0 | 19635 | X | ||
| KAREN SPROLES | |||||||
| DEAN | 40.00 | 102089 | 0 | 22716 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1172402 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 188746 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ALADDIN FOOD MANAGEMENT SERVICES | |||||
| 16567 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | DINING/FOOD SERVICE | 1399019 |
| SUNGUARD HIGHER EDUCATION MANAGED SERVIC | |||||
| 13377 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | INFORMATION TECHNOLOGY MANAGEMENT | 1205323 |
| PRESIDIO NETWORKED SOLUTIONS | |||||
| PO BOX 822169 | PHILADELPHIA | PA | 19182 | INFO TECH TRAINING/SUPPLIES/SERVICES | 876079 |
| ITS SYSTEMS | |||||
| 631 IDLEWILD AVENUE | CARNEGIE | PA | 15106 | INFO TECH TRAINING/SUPPLIES/SERVICES | 427206 |
| ELLUCIAN COMPANY LP | |||||
| 4375 FAIR LAKES CT | FAIRFAX | VA | 22033 | SOFTWARE SERVICES | 328090 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 29 | NumberOfContractorsGT100K |
| Fundraising Events | 15502 | FundraisingEvents |
| Government Grants | 691996 | GovernmentGrants |
| All Other Contributions | 8569203 | AllOtherContributions |
| Noncash Contributions | 784686 | NoncashContributions |
| Total Contributions | 9276701 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 38573400 | 38573400 |
| RESIDENCE HALL & BOARD | 721310 | 3506783 | 3506783 |
| CARLOW CAMPUS SCHOOL | 611600 | 2590770 | 2590770 |
| AUXILIARY PROGRAMS | 900099 | 725114 | 725114 |
| CHILDREN'S CENTER | 624410 | 244725 | 244725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 45640792 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 364710 | TotalRevenueColumn |
| Exclusion | $364,710 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15435170 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14305333 | Securities |
| Other | 275282 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1129837 | Securities |
| Other | -275282 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 854555 | TotalRevenueColumn |
| Exclusion | $854,555 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 3933 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 15502 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 11323 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -7390 | TotalRevenueColumn |
| Exclusion | -$7,390 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56129368 | TotalRevenueColumn |
| Related Or Exempt Function Income | 45640792 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,211,875 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9214006 | Total |
| Program Services | 9214006 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18000 | Total |
| Program Services | 18000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1743084 | Total |
| Program Services | 1242699 | ProgramServices |
| Management And General | 371196 | ManagementAndGeneral |
| Fundraising | 129189 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17902028 | Total |
| Program Services | 15528095 | ProgramServices |
| Management And General | 1906468 | ManagementAndGeneral |
| Fundraising | 467465 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 755424 | Total |
| Program Services | 657958 | ProgramServices |
| Management And General | 76739 | ManagementAndGeneral |
| Fundraising | 20727 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2819089 | Total |
| Program Services | 2293067 | ProgramServices |
| Management And General | 428039 | ManagementAndGeneral |
| Fundraising | 97983 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1310575 | Total |
| Program Services | 1126451 | ProgramServices |
| Management And General | 144862 | ManagementAndGeneral |
| Fundraising | 39262 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96637 | Total |
| Program Services | 74410 | ProgramServices |
| Management And General | 22227 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148335 | Total |
| Program Services | 114218 | ProgramServices |
| Management And General | 34117 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86085 | Total |
| Program Services | 66285 | ProgramServices |
| Management And General | 19800 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76000 | Total |
| Fundraising | 76000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47871 | Total |
| Program Services | 36861 | ProgramServices |
| Management And General | 11010 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 727544 | Total |
| Program Services | 596137 | ProgramServices |
| Management And General | 53556 | ManagementAndGeneral |
| Fundraising | 77851 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 837722 | Total |
| Program Services | 664796 | ProgramServices |
| Management And General | 171592 | ManagementAndGeneral |
| Fundraising | 1334 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1493718 | Total |
| Program Services | 1135281 | ProgramServices |
| Management And General | 275331 | ManagementAndGeneral |
| Fundraising | 83106 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2760459 | Total |
| Program Services | 2148577 | ProgramServices |
| Management And General | 598884 | ManagementAndGeneral |
| Fundraising | 12998 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 766 | Total |
| Program Services | 590 | ProgramServices |
| Management And General | 176 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2940235 | Total |
| Program Services | 2239630 | ProgramServices |
| Management And General | 665941 | ManagementAndGeneral |
| Fundraising | 34664 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 449492 | Total |
| Program Services | 345174 | ProgramServices |
| Management And General | 73794 | ManagementAndGeneral |
| Fundraising | 30524 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160116 | Total |
| Program Services | 92472 | ProgramServices |
| Management And General | 21853 | ManagementAndGeneral |
| Fundraising | 45791 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1125435 | Total |
| Program Services | 866585 | ProgramServices |
| Management And General | 258850 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2372852 | Total |
| Program Services | 1827096 | ProgramServices |
| Management And General | 545756 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492616 | Total |
| Program Services | 379314 | ProgramServices |
| Management And General | 113302 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| AUXILIARY SERVICE EXP. | 1217264 | 937293 | 279971 | |
| STUDENT PROGRAMS | 429010 | 330482 | 98528 | |
| ENROLLMENT & REGISTRAR | 134010 | 103188 | 30822 | |
| LIBRARY | 78270 | 60293 | 17565 | 412 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255414 | Total |
| Program Services | 203704 | ProgramServices |
| Management And General | 51179 | ManagementAndGeneral |
| Fundraising | 531 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49692057 | Total |
| Program Services | 42302662 | ProgramServices |
| Management And General | 6271558 | ManagementAndGeneral |
| Fundraising | 1117837 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2227262 | BOY |
| EOY | 6389976 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2672004 | BOY |
| EOY | 2150929 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1646340 | BOY |
| EOY | 5770342 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1233993 | BOY |
| EOY | 890826 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1959919 | BOY |
| EOY | 2029687 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 864034 | BOY |
| EOY | 685463 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 66757114 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34304392 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31121299 | BOY |
| EOY | 32452722 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15070929 | BOY |
| EOY | 15916256 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35250 | BOY |
| EOY | 35250 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10280039 | BOY |
| EOY | 6347477 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67111069 | BOY |
| EOY | 72668928 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3154680 | BOY |
| EOY | 4103198 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30000 | BOY |
| EOY | 53659 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18052166 | BOY |
| EOY | 17835422 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 208744 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39690 | BOY |
| EOY | 27003 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2338124 | BOY |
| EOY | 2688245 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23823404 | BOY |
| EOY | 24707527 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23600630 | BOY |
| EOY | 23408745 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5980133 | BOY |
| EOY | 7830360 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13706902 | BOY |
| EOY | 16722296 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43287665 | BOY |
| EOY | 47961401 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67111069 | BOY |
| EOY | 72668928 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6437311 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1763575 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17705011 | BeginningOfYearBalance |
| Contributions | 2586048 | Contributions |
| Investment Earnings Or Losses | -369931 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 249643 | GrantsOrScholarships |
| Other Expenditures | 279180 | OtherExpenditures |
| End Of Year Balance | 19392305 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13271664 | BeginningOfYearBalance |
| Contributions | 2409867 | Contributions |
| Investment Earnings Or Losses | 2518714 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 273587 | GrantsOrScholarships |
| Other Expenditures | 221647 | OtherExpenditures |
| End Of Year Balance | 17705011 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13000739 | BeginningOfYearBalance |
| Contributions | -456725 | Contributions |
| Investment Earnings Or Losses | 1232915 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 292406 | GrantsOrScholarships |
| Other Expenditures | 212859 | OtherExpenditures |
| End Of Year Balance | 13271664 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12541003 | BeginningOfYearBalance |
| Contributions | 2501034 | Contributions |
| Investment Earnings Or Losses | -1887311 | InvestmentEarningsOrLosses |
| Other Expenditures | 153987 | OtherExpenditures |
| End Of Year Balance | 13000739 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.11050 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.86230 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.02720 | 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 | 1256517 | OtherCostOrOtherBasis |
| Book Value | 1256517 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 46592412 | OtherCostOrOtherBasis |
| Depreciation | 29277068 | Depreciation |
| Book Value | 17315344 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14431208 | OtherCostOrOtherBasis |
| Depreciation | 5027324 | Depreciation |
| Book Value | 9403884 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4476977 | OtherCostOrOtherBasis |
| Book Value | 4476977 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 32452722 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNDISBURSED BOND PROCEEDS | Description |
| Book Value | 6347477 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6347477 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENTS DEPOSITS FOR PLACE & ROOM HOLDING | $201,337 |
| FEDERAL LOAN ADVANCES | $2,380,989 |
| CAPITALIZED LEASE OBLIGATION | $105,919 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2688245 | TotalOfAmounts |
| Total Revenue | 56129368 | TotalRevenue |
| Total Expenses | 49692057 | TotalExpenses |
| Excess Or Deficit For Year | 6437311 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1763575 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -1763575 | TotalAdjustments |
| Excess Or Deficit Per FS | 4673736 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 46270656 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1763575 | NetUnrealizedGainsInvestments |
| Other Revenues | -8047976 | OtherRevenues |
| Revenue Not Rptd F990 | -9811551 | RevenueNotRptdF990 |
| Revenue Subtotal | 56082207 | RevenueSubtotal |
| Other Revenues Not Included | 47161 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 47161 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 56129368 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41596920 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 11323 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 11323 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41585597 | ExpensesSubtotal |
| Other Expenses Not Included | 8106460 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 8106460 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 49692057 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 135 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | INCOME TAXES - THE INTERNAL REVENUE SERVICE HAS RULED THAT THE UNIVERSITY IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE'S STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2012 AND 2011 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2009. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND FINANCIAL AID : -8,059,299. SPECIAL EVENT EXPENSES: 11,323. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES 47,161. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES: 11,323. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND FINANCIAL AID : 8,059,299. INVESTMENT MANAGEMENT FEES 47,161. |
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 | ALL RECRUITING PUBLICATIONS AND COLLEGE CATALOGS CONTAIN EXPRESS STATEMENTS THAT THE COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, CREED, SEX, OR RELIGION. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY DISTRIBUTES STUDENT FINANCIAL ASSISTANCE FUNDS ON BEHALF OF FEDERAL AND STATE GOVERNMENTS. THIS ASSISTANCE INCLUDED FEDERAL AID FROM PELL GRANT AWARDS $2,971,593, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT AWARDS $193,663, COLLEGE WORK STUDY AWARDS $177,975 AND OTHER PROGRAMS $191,061. THE UNIVERSITY ALSO RECEIVED STATE AID FROM THE PA HIGHER EDUCATION ASSISTANCE AUTHORITY IN THE AMOUNT OF $2,576,967. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | 311595 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | 0 | 0 | PROGRAM SERVICES | SCHOLARSHIPS | 18000 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | 3582 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | TRAVEL | 1316 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | FACULTY DEVELOPMENT | 1000 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | FACULTY DEVELOPMENT | 2738 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | PILGRIMAGE | 7762 |
| 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 | 345993 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 345993 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | STUDENT SCHOLARSHIPS | TypeOfAssistance |
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | Region |
| Number Of Recipients | 6 | NumberOfRecipients |
| Amount Of Cash Grant | 18000 | AmountOfCashGrant |
| Manner Of Cash Disbursement | CREDIT TO STUDENT ACCOUNT | MannerOfCashDisbursement |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| 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 | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Name Of IndividualNameOfIndividual | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|---|
| DEE JAY OSHRY | 1532 ASBURY PLACE | PITTSBURGH | PA | 15217 | FUNDRAISING | 0 | 0 | 72000 | -72000 |
| JENNIFER NEUMAN MARCH | 112 W DRIVE | PITTSBURGH | PA | 15215 | FUNDRAISING | 0 | 0 | 4000 | -4000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 76000 | TotalRetainedByContractors |
| Total Net To Organization | -76000 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | WA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ROSE HAUBER LUNCHEON | NameOfEvent1 |
| Gross Receipts Event1 | 19435 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 15502 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 3933 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 5655 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 5668 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 19435 | GrossReceiptsTotal |
| Charitable Contributions Total | 15502 | CharitableContributionsTotal |
| Gross Revenue Total Events | 3933 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 5655 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 5668 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 11323 | DirectExpenseSummaryEvents |
| Net Income Summary | -7390 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 974 | NumberOfRecipients |
| Amount Of Cash Grant | 9214006 | AmountOfCashGrant |
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: GRANT FUNDS ARE MONITORED BY THE FINANCIAL AID OFFICE AND ACCOUNTING OFFICES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Payments For Use Of Residence | X | PaymentsForUseOfResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (3 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARY HINES PHD | |||||||||||||
| 244028 | 0 | 0 | 0 | 50206 | 0 | 41681 | 0 | 18986 | 0 | 354901 | 0 | 0 | 0 |
| MARGARET MCLAUGHLIN | |||||||||||||
| 167205 | 0 | 0 | 0 | 0 | 0 | 7800 | 0 | 9274 | 0 | 184279 | 0 | 0 | 0 |
| TYLER KELSCH | |||||||||||||
| 161520 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23606 | 0 | 185126 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 251650137 | IssuerEIN |
| CUSIP Number | 01728RHT9 | CUSIPNumber |
| Date Issued | 2011-06-09 | DateIssued |
| Issue Price | 18052311 | IssuePrice |
| Description Of Purpose | REFUNDING AND CAPITAL IMPROVEMENTS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 18052311 | TotalProceeds |
| Amount In Reserve Fund | 1480463 | AmountInReserveFund |
| Issuance Costs From Proceeds | 292824 | IssuanceCostsFromProceeds |
| Capital Expenditures | 8799576 | CapitalExpenditures |
| Other Spent Proceeds | 2401286 | OtherSpentProceeds |
| Amount Unspent | 4867014 | AmountUnspent |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K, PART I, LINE A(F) | Identifier |
| Return Reference | DESCRIPTION OF PURPOSE: | ReturnReference |
| Explanation | TO FINANCE THE COSTS OF A PROJECT CONSISTING OF (I) THE ACQUISITION OF AND RENOVATION OF A SCHOOL BUILDING, TECHNOLOGY UPGRADES THROUGHOUT THE UNIVERSITY CAMPUS (INCLUDING BUT NOT LIMITED TO, TELEPHONE, COMPUTER SOFTWARE AND COMPUTER EQUIPMENT), (II) THE RENOVATION AND IMPROVEMENT OF VARIOUS UNIVERSITY-OWNED AND LEASED PROPERTY, INCLUDING BUT NOT LIMITED TO, CURRAN HALL, DOUGHERTY AND FRANCES WARDE RESIDENCE HALLS, ANTONIAN HALL, TIERNAN HALL, GRACE LIBRARY AND THE NURSING PROGRAM LEASED FACILITIES, (III) THE REFUNDING OF THE OUTSTANDING WILKINS AREA INDUSTRIAL DEVELOPMENT AUTHORITY, UNIVERSITY REVENUE NOTE, SERIES OF 2005 (CARLOW UNIVERSITY PROJECT), (IV) THE REFUNDING OF ALL OR A PORTION OF THE UNIVERSITY'S LEASES WITH CISCO SYSTEMS CAPITAL CORPORATION AND UNIVERSITY LEASE AND (V) FUNDING CAPITALIZED INTEREST AND ANY RESERVES, AND PAYING ALL OR A PORTION OF THE RELATED FINANCING COSTS. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 784687 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE AMENDED ON DECEMBER 12, 2011. THE AMENDMENT INCLUDED SIGNIFICANT CHANGES TO THE FOLLOWING SECTIONS OF THE BYLAWS: 1. THE COMPOSITION OF THE BOARD OF TRUSTEES 2. THE DUTIES OF THE OFFICERS OF THE BOARD 3. THE MANNER OF BOARD ACTION THROUGH QUOROM 4. NOTICE OF BOARD MEETINGS 5. APPROVAL TO AMEND BY-LAWS IN ADDITION, THE IDENTIFICATION, COMPOSITION, DUTIES, ETC. OF STANDING COMMITTEES MOVED TO A BOARD HANDBOOK. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF THE UNIVERSITY IS THE CONFERENCE FOR MERCY HIGHER EDUCATION WHICH EXERCISES RESERVED CANONICAL POWERS DELEGATED BY THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS AND AS OUTLINED IN THE UNIVERSITY'S BYLAWS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | AT LEAST SIX OF THE TOTAL TRUSTEES (EX-OFFICIO AND ELECTED TRUSTEES) SHALL BE PROFESSED SISTERS OF THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS OR ITS CANONICAL SUCCESSOR. THERE SHALL BE THREE EX-OFFICIO TRUSTEES, WHO SHALL BE VOTING MEMBERS OF THE BOARD OF TRUSTEES AND INCLUDED IN THE TOTAL NUMBER OF TRUSTEES, AND SUCH EX-OFFICIO TRUSTEES SHALL CONSIST OF ONE SISTER OF MERCY, APPOINTED BY THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS, THE PRESIDENT OF THE UNIVERSITY, AND THE BISHOP OF THE DIOCESE OF PITTSBURGH OR HIS DESIGNEE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBER HAS THE RIGHT TO APPROVE THE FOLLOWING ACTIONS TO THE EXTENT SUCH ACTIONS ARE TAKEN BY THE BOARD OF TRUSTEES: AMENDMENTS TO THE ARTICLES OF INCORPORATION, IF THEY RELATE TO THE RESERVED POWERS DELEGATED TO THE CONFERENCE FOR MERCY HIGHER EDUCATION; THE ADOPTION OR AMENDMENT TO THE MISSION OF THE UNIVERSITY; THE INCURRENCE BY THE UNIVERSITY OF ANY DEBT, AND ANY SALE, TRANSFER, LONG-TERM LEASE OR ENCUMBRANCE OF ANY REAL OR PERSONAL PROPERTY, TANGIBLE OR INTANGIBLE, OF THE UNIVERSITY OUTSIDE THE ORDINARY COURSE OF BUSINESS ONLY TO THE EXTENT SUCH APPROVAL IS REQUIRED UNDER CANON LAW; ANY MERGER, CONSOLIDATION, DISSOLUTION, TRANSFER OF SUBSTANTIALLY ALL THE ASSETS, OR OTHER FUNDAMENTAL TRANSACTION WITHIN THE CONTEMPLATION OF THE PENNSYLVANIA NONPROFIT CORPORATION LAW, OF OR BY THE UNIVERSITY TO THE EXTENT SUCH APPROVAL IS REQUIRED BY CANON LAW. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE MANAGEMENT AND SUBMITTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ONCE THE AUDIT COMMITTEE APPROVES THE SUBMITTED FORM 990, IT IS SUBMITTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL "COVERED PERSONS" AS DEFINED IN THE POLICY. EACH COVERED PERSON IS GIVEN A COPY OF THE POLICY, REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THAT HE OR SHE HAS RECEIVED A COPY OF THE POLICY, UNDERSTANDS IT, AND AGREES TO COMPLY WITH IT. THE COVERED PERSON IS ALSO REQUIRED TO COMPLETE A COVERED PERSON'S QUESTIONNAIRE ON AN ANNUAL BASIS. EACH COVERED PERSON SHALL DISCLOSE ALL ACTUAL AND POTENTIAL CONFLICTS AS SET OUT IN THE POLICY. COMPLIANCE WITH THIS POLICY IS MONITORED AND ENFORCED BY THE FOLLOWING PROCEDURE. EACH YEAR THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, OR HIS DESIGNEE, UNDER THE SUPERVISION OF THE CHAIR OF THE AUDIT COMMITTEE, PREPARES A LIST OF COVERED PERSONS. A COVERED PERSON QUESTIONNAIRE IS DISTRIBUTED TO EACH PERSON ON THE LIST. FORMS ARE COMPLETED AND SIGNED BY EACH COVERED PERSON. COMPLETED FORMS FOR ALL TRUSTEES ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE TO DETERMINE IF ANY ACTUAL OR POTENTIAL CONFLICT EXISTS. COMPLETED FORMS FOR ALL COVERED PERSONS WHO ARE MEMBERS OF STAFF OR FACULTY ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, OR HIS DESIGNEE. DISCLOSURE OF ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST BE DISCLOSED AT THE TIME THEY BECOME A COVERED PERSON, OR AT THE TIME A POTENTIAL OR ACTUAL CONFLICT ARISES AND AT THE TIME OF THE COMPLETION OF THE ANNUAL QUESTIONNAIRE. ALL DISCLOSURES DETERMINED TO BE A CONFLICT OF INTEREST ACCORDING TO THE POLICY ARE DISCUSSED WITH THE CHAIR OF THE AUDIT COMMITTEE AND BROUGHT FORWARD TO THE NEXT BOARD OF TRUSTEE MEETING. ANY IDENTIFIED CONFLICT SHALL BE REFLECTED IN THE MINUTES OF THE BOARD OF TRUSTEE MEETINGS ALONG WITH THE NATURE OF SUCH CONFLICT. THE MINUTES SHALL ALSO REFLECT ALL PERSONS PRESENT AT THE MEETING WHERE ANY VOTING TOOK PLACE ON AN ITEM RELATED TO THE DISCLOSED CONFLICT. | |
| FORM 990, PART VI, SECTION B, LINE 15 | GOVERNANCE COMMITTEE: THE GOVERNANCE COMMITTEE IS THE AUTHORIZED COMMITTEE OF THE BOARD OF TRUSTEES TO REVIEW COMPENSATION OF SENIOR OFFICERS. THE GOVERNANCE COMMITTEE CREATED A PERFORMANCE REVIEW AND COMPENSATION COMMITTEE (THE SUBCOMMITTEE) TO PERFORM ANNUAL PERFORMANCE REVIEWS AND SET THE PRESIDENT'S ANNUAL SALARY, IN ACCORDANCE WITH THE EXECUTIVE COMPENSATION PHILOSOPHY, POLICIES AND PROCEDURES APPROVED BY THE BOARD. NO MEMBER OF THE GOVERNANCE COMMITTEE MAY HAVE A CONFLICT OF INTEREST WITHIN THE MEANING OF THE APPLICABLE TREASURY REGULATIONS UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986. THE GOVERNANCE COMMITTEE SHALL DOCUMENT ITS DECISIONS WITH RESPECT TO COMPENSATION AS REQUIRED BY THE APPLICABLE TREASURY REGULATIONS UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986. THE ACTIONS OF THE GOVERNANCE COMMITTEE ARE INTENDED TO QUALIFY UNDER THE REBUTTABLE PRESUMPTION PROVISIONS IN SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986. PRESIDENT'S COMPENSATION: THE EXECUTIVE COMPENSATION COMMITTEE SHALL BE RESPONSIBLE FOR DETERMINING ALL ELEMENTS OF THE COMPENSATION PACKAGE OF THE PRESIDENT OF THE UNIVERSITY, AS SET FORTH IN THE CONTRACT OF EMPLOYMENT AT THE TIME OF INITIAL HIRE AND IN SUBSEQUENT CONTRACTS AND ANY AMENDMENTS TO THOSE CONTRACTS. OTHER SENIOR EXECUTIVES COMPENSATION: A. THE PRESIDENT OF THE UNIVERSITY IS RESPONSIBLE FOR RECOMMENDING THE COMPENSATION PACKAGE FOR A NEWLY HIRED PROVOST AND FOR THE VICE PRESIDENT OF FINANCE AND OPERATIONS, AS WELL AS RECOMMENDING ANNUALLY ANY CHANGES IN BASE SALARY OR ANY OTHER ELEMENTS OF THE COMPENSATION PACKAGE AS SET FORTH IN THEIR CONTRACTS OF EMPLOYMENT AND/OR EMPLOYMENT AGREEMENT. B. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND APPROVING THE INITIAL AND SUBSEQUENT COMPENSATION FOR THESE SENIOR EXECUTIVES UPON THE RECOMMENDATION OF THE PRESIDENT. REPORT TO THE BOARD OF TRUSTEES: THE GOVERNANCE COMMITTEE SHALL PROVIDE A WRITTEN REPORT TO THE BOARD OF TRUSTEES, NO LATER THAN THE NEXT REGULARLY SCHEDULED MEETING OF THE BOARD FOLLOWING THE GOVERNANCE COMMITTEE ACTION ON THE COMPENSATION OF SENIOR EXECUTIVES. THE REPORT SHALL REFLECT BASE SALARY AND ALL OTHER ELEMENTS FOR SENIOR EXECUTIVES' COMPENSATION, AS WELL AS A SUMMARY OF THE CRITERIA AND PROCESSES USED TO MAKE THE COMPENSATION DECISIONS AND TO ASSURE THAT THE COMPENSATION IS "REASONABLE" AND NOT "EXCESSIVE" WITHIN IRS POLICY AND CRITERIA. RELIANCE ON COMPARABILITY DATA DERIVED FROM MARKET REVIEW AND SELECTION OF PEER INSTITUTIONS: IN DETERMINING AND APPROVING COMPENSATION FOR SENIOR EXECUTIVES AND TO ASSIST IN VALIDATING THE REASONABLENESS OF COMPENSATION, THE GOVERNANCE COMMITTEE SHALL RELY ON COMPARABILITY DATA DERIVED FROM A REVIEW OF THE MOST CURRENT INFORMATION AVAILABLE AS TO COMPENSATION LEVELS FOR COMPARABLE SENIOR EXECUTIVES AT PEER INSTITUTIONS, TAKING INTO ACCOUNT THAT AVAILABLE INFORMATION IS GENERALLY FOR THE PRIOR FISCAL OR ACADEMIC YEARS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC AT THE CORPORATE ADDRESS. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,763,575. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: | 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 VII: EMERITUS TRUSTEES: | THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES OF CARLOW UNIVERSITY WITH NO VOTING POWERS: PRESIDENTS EMERITAE - GRACE ANN GEIBEL, RSM, PHD; JANE SCULLY, RSM. TRUSTEES EMERITUS - ANNA MARIE GOETZ, RSM; DAVID R. WILLIAMS; EILEEN MCCONOMY; ELSIE H. HILLMAN; HELEN HANNA CASEY; JUDITH M. DAVENPORT, DMD; KEVIN P. KEARNS, PHD; MARY ANN SESTILI, PHD; REGINA D. STOVER. | |
| SCHEDULE B, NONCASH CONTRIBUTIONS | 757 SHARES IBM $155,575 108 SHARES CVX $11,953 592 SHARES COCA COLA $41,597 127 SHARES E.I. DUPONT DE NEMOURS $6,744 156 SHARES SOUTHERN CO. $6,897 TOTAL $222,766 | ESTATE OF BERNARD SINGER |