UNIVERSITY OF THE SCIENCES IN: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF THE SCIENCES IN (EIN 23-1352668)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-03-13
- IRS object ID
- 201320729349300037
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-13T14:07:18-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 3100 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | 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 | 231352668 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of the Sciences in Philadelphia | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % BRIGID K ISACKMAN | InCareOfName |
| Name Control | UNIV | NameControl |
| Phone | 2155968862 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH 43RD STREET | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 191044495 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Thomas J Kingston | Name |
| Title | Interim CFO,VP for Finance | Title |
| Phone | 2155968862 | Phone |
| Date Signed | 2013-03-04 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155614200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Helen Giles-Gee | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 South 43rd Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 191044495 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 157342676 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.usciences.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1821 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | THE PROVISION OF EDUCATION IN HEALTH & NATURAL SCIENCES | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1096 | TotalNbrEmployees |
| Total Nbr Volunteers | 105 | TotalNbrVolunteers |
| Total Gross UBI | 59453 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1062 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7376198 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7391410 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 100540053 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 103815146 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11697561 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10137096 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 806290 | OtherRevenuePriorYear |
| Other Revenue Current Year | 501818 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 120420102 | TotalRevenuePriorYear |
| Total Revenue Current Year | 121845470 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 25467144 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 27093543 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 51688960 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 51274369 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2609684 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 35723488 | OtherExpensePriorYear |
| Other Expenses Current Year | 36350230 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 112879592 | TotalExpensesPriorYear |
| Total Expenses Current Year | 114718142 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7540510 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7127328 | RevenuesLessExpensesCY |
| Total Assets BOY | 313710242 | TotalAssetsBOY |
| Total Assets EOY | 309943040 | TotalAssetsEOY |
| Total Liabilities BOY | 131381154 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 129911616 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 182329088 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 180031424 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF UNIVERSITY OF THE SCIENCES IN PHILADELPHIA IS TO EDUCATE STUDENTS TO BECOME LEADERS AND INNOVATORS IN THE SCIENCES, THE HEALTH PROFESSIONS, AND EMERGING RELATED DISCIPLINES. BUILDING ON OUR LEGACY AS THE NATIONS FIRST COLLEGE OF PHARMACY, WE PROVIDE EXCELLENCE IN TEACHING, RESEARCH, AND SERVICE. WE ACCOMPLISH OUR MISSION BY ACHIEVING THE FOLLOWING OBJECTIVES: OUR GRADUATES WILL HAVE THE KNOWLEDGE, SKILLS, AND VALUES TO BE SUCCESSFUL IN THEIR PROFESSIONAL CAREERS. THROUGH ACADEMIC AND PERSONAL DEVELOPMENT, OUR GRADUATES WILL GAIN THE INTELLECTUAL, CULTURAL, AND ETHICAL UNDERSTANDING AND AWARENESS NEEDED TO BECOME LEADERS AND INNOVATORS IN A GLOBAL SOCIETY. OUR STUDENTS WILL EMBRACE THE VALUE OF SERVICE. THE UNIVERSITY WILL PROMOTE THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE THROUGH TEACHING, RESEARCH, AND SCHOLARLY ACTIVITY. THE UNIVERSITY WILL PROVIDE A STUDENT-CENTERED LEARNING AND LIVING ENVIRONMENT. THE UNIVERSITY WILL FOSTER AND CULTIVATE AN ENVIRONMENT OF RESPECT | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 35145478 | Expense |
| Grants | 0 | Grants |
| Revenue | 94685659 | Revenue |
| Description | EDUCATION RELATED EXPENSES FOR STUDENTS IN VARIOUS DEGREE SEEKING FIELDS OF STUDY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 16526528 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | EXPENSES RELATED TO DEAN OF STUDENTS, ADMISSIONS, REGISTRAR, COUNSELING, FINANCIAL AID, CLINIC, STUDENT ACTIVITIES AND ATHLETICS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9111322 | Expense |
| Grants | 0 | Grants |
| Revenue | 9129487 | Revenue |
| Description | EXPENSES RELATED TO LIBRARY, WRITING CENTER, TEACHING/LEARNING CENTER, ACADEMIC COMPUTER CENTER, ANCILLARY OPERATIONS, DEANS OF PHILADELPHIA COLLEGE OF PHARMACY, MISHER COLLEGE OF ARTS & SCIENCES, SAMSON COLLEGE OF HEALTH SCIENCES, MAYES COLLEGE OF HEALTHCARE BUSINESS AND POLICY AND COLLEGE OF GRADUATE STUDIES. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 27093543 | 27093543 | 0 | Scholarships |
| 4467319 | 0 | 0 | Research |
| 6220641 | 0 | 0 | Other |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 37781503 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 27093543 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 98564831 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 220 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1096 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRIGID K ISACKMAN | NamePerson |
| Telephone Number | 2155968701 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH 43RD STREET | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 191044495 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Other CompensationOtherCompensation | OfficerOfficer | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Schumarry Chao | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Rajiv Lakhanpal | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Richard P Miller | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Donald J M Phillips | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Gail R Wilensky | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Kathleen R Mayes | |||||||||
| trustee | 20.0 | X | 0 | 0 | |||||
| Leonard S Jacob | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Tiziana M Fox | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Andrew Ferrara | |||||||||
| trustee | 2.0 | X | 0 | 0 | |||||
| Dominic A Marasco | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Joseph C Papa | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Kenneth L Murtha | |||||||||
| trustee | 2.0 | X | 0 | 0 | |||||
| Lonnel Coats | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Mark Oley | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Marvin Samson | |||||||||
| Chairman of the Board | 20.0 | X | 0 | 0 | X | ||||
| Richard Howard | |||||||||
| Vice Chairman of the Board | 2.0 | X | 0 | 0 | |||||
| William Marth | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Ludmilla Malmberg | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Rose Mary Hoy | |||||||||
| trustee | 1.0 | X | 0 | 0 | |||||
| Aminta Hawkins Breaux PhD | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robin Keyack | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Philip Gerbino | |||||||||
| President | 40.0 | 392066 | 34423 | X | 0 | ||||
| Elizabeth Bressi Stoppe | |||||||||
| VP for community partnerships | 40.0 | 88527 | 23086 | X | 0 | ||||
| Joseph Trainor | |||||||||
| VP finance, CFO | 40.0 | 215344 | 39156 | X | 0 | ||||
| Colleen Ryan | |||||||||
| Assistant to the president | 40.0 | 65552 | 43694 | X | 0 | ||||
| Russell J Digate | |||||||||
| Provost | 40.0 | 293934 | 31220 | X | 0 | ||||
| William L Ashton | |||||||||
| Sr VP, External Affairs | 40.0 | 218303 | 46291 | X | 0 | ||||
| Sara Campbell | |||||||||
| Sr VP, Operations & COO | 40.0 | 213388 | 25619 | X | 0 | ||||
| Peter Miller | |||||||||
| Chief of Staff | 40.0 | 185998 | 26787 | X | 0 | ||||
| William Cunningham | |||||||||
| dean of students | 40.0 | 130310 | 29958 | 0 | X | ||||
| John Masciantonio | |||||||||
| director, Institutional Tech | 40.0 | 132124 | 27552 | 0 | X | ||||
| John Mccaffrey | |||||||||
| executive director, facilities | 40.0 | 162681 | 24194 | 0 | X | ||||
| Suzanne Murphy | |||||||||
| dean, misher college arts/sci | 40.0 | 169996 | 30871 | 0 | X | ||||
| Cathy Poon | |||||||||
| Assistant Dean Pharmacy | 40.0 | 159484 | 23697 | 0 | X | ||||
| Ann Satterthwaite | |||||||||
| vp, institutional advancement | 40.0 | 191884 | 17514 | 0 | X | ||||
| Rodney Wigent | |||||||||
| dean, college of grad studies | 40.0 | 145632 | 28835 | 0 | X | ||||
| Barbara Elliot | |||||||||
| Asst. Provost for Enrollment | 40.0 | 156636 | 26349 | 0 | X | ||||
| Shawn Curtin | |||||||||
| assistant provost | 40.0 | 214877 | 20951 | 0 | X | ||||
| Lisa Lawson Gibson | |||||||||
| dean, pharmacy | 40.0 | 240934 | 48789 | 0 | X | ||||
| Andrew Peterson | |||||||||
| dean, mayes college | 40.0 | 186879 | 23819 | 0 | X | ||||
| Laurie Sherwen | |||||||||
| dean health Sciences | 40.0 | 174584 | 25482 | 0 | X | ||||
| Bruce Canaday | |||||||||
| Dean of Pharm Practice | 40.0 | 201053 | 12147 | 0 | X | ||||
| Patrick Lepore | |||||||||
| Former VP Operations, COO | 0.0 | 226460 | 12976 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4166646 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 623410 | TotalOtherCompensation |
| Number Individuals GT100 K | 87 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Haas Peters Construction Group Inc | |||||
| 306 Baltimore Ave | FOLCROFT | PA | 19032 | construction | 1376623 |
| The Star Group | |||||
| Voorhees Town Center 220 Laurel Ro | VOORHEES | NJ | 08043 | Marketing | 886450 |
| Posel Woodland Associates LP | |||||
| 212 Walnut Street | PHILADELPHIA | PA | 19106 | REAL ESTATE MGMT | 740087 |
| CVM Construction Managers Inc | |||||
| 400 Cresson Blvd Suite 300 PO Box | OAKS | PA | 19456 | Construction | 595427 |
| SODEXO | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD MANAGER | 3128997 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 30 | NumberOfContractorsGT100K |
| Government Grants | 2734063 | GovernmentGrants |
| All Other Contributions | 4657347 | AllOtherContributions |
| Noncash Contributions | 282000 | NoncashContributions |
| Total Contributions | 7391410 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 94685659 | 94685659 |
| SALES/ SERVICE AUXILIARY SERVICES | 900099 | 9129487 | 9129487 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 103815146 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7749338 | TotalRevenueColumn |
| Exclusion | $7,749,338 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15773 | Real |
| Personal | 23592 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21223 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -5450 | Real |
| Personal | 23592 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18142 | TotalRevenueColumn |
| Unrelated Business Revenue | 18142 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 37863741 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 35475983 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2387758 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2387758 | TotalRevenueColumn |
| Unrelated Business Revenue | 2044 | UnrelatedBusinessRevenue |
| Exclusion | $2,385,714 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| ACI & PARTNERSHIP REVENUE | 611600 | 82071 | 39267 | $42,804 |
| BOOKSTORE | 900099 | 56439 | $56,439 | |
| MISCELLANEOUS REVENUE | 900099 | 345166 | $345,166 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 483676 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 121845470 | TotalRevenueColumn |
| Related Or Exempt Function Income | 103815146 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 59453 | UnrelatedBusinessRevenue |
| Exclusion | $10,579,461 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27093543 | Total |
| Program Services | 27093543 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4091614 | Total |
| Program Services | 1728917 | ProgramServices |
| Management And General | 1878252 | ManagementAndGeneral |
| Fundraising | 484445 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36413062 | Total |
| Program Services | 32722968 | ProgramServices |
| Management And General | 2973964 | ManagementAndGeneral |
| Fundraising | 716130 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2578243 | Total |
| Program Services | 2094020 | ProgramServices |
| Management And General | 388177 | ManagementAndGeneral |
| Fundraising | 96046 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5279782 | Total |
| Program Services | 4089622 | ProgramServices |
| Management And General | 950747 | ManagementAndGeneral |
| Fundraising | 239413 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2911668 | Total |
| Program Services | 2911668 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349320 | Total |
| Program Services | 349320 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409237 | Total |
| Program Services | 49637 | ProgramServices |
| Management And General | 359600 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106644 | Total |
| Program Services | 26060 | ProgramServices |
| Management And General | 80584 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55067 | Total |
| Management And General | 55067 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182180 | Total |
| Program Services | 182180 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4300013 | Total |
| Program Services | 3046718 | ProgramServices |
| Management And General | 1001046 | ManagementAndGeneral |
| Fundraising | 252249 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1630924 | Total |
| Program Services | 1379881 | ProgramServices |
| Management And General | 189268 | ManagementAndGeneral |
| Fundraising | 61775 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2039445 | Total |
| Program Services | 1764689 | ProgramServices |
| Management And General | 170862 | ManagementAndGeneral |
| Fundraising | 103894 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 513007 | Total |
| Program Services | 372495 | ProgramServices |
| Management And General | 138130 | ManagementAndGeneral |
| Fundraising | 2382 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3991840 | Total |
| Program Services | 2754369 | ProgramServices |
| Management And General | 958042 | ManagementAndGeneral |
| Fundraising | 279429 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1183507 | Total |
| Program Services | 937162 | ProgramServices |
| Management And General | 163970 | ManagementAndGeneral |
| Fundraising | 82375 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200893 | Total |
| Program Services | 172819 | ProgramServices |
| Management And General | 20778 | ManagementAndGeneral |
| Fundraising | 7296 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4779894 | Total |
| Program Services | 4342044 | ProgramServices |
| Management And General | 437850 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6417965 | Total |
| Program Services | 5233560 | ProgramServices |
| Management And General | 1120225 | ManagementAndGeneral |
| Fundraising | 64180 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 455275 | Total |
| Program Services | 133643 | ProgramServices |
| Management And General | 321595 | ManagementAndGeneral |
| Fundraising | 37 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SERVICES AND OUTSIDE CONTRACTO | 4111770 | 3759329 | 337846 | 14595 |
| LIBRARY AND PERIODICALS | 879299 | 834940 | 31976 | 12383 |
| PRINTING/DUPLICATING | 525318 | 417642 | 25047 | 82629 |
| EQUIPMENT | 396239 | 376012 | 13150 | 7077 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3822393 | Total |
| Program Services | 1791593 | ProgramServices |
| Management And General | 1927451 | ManagementAndGeneral |
| Fundraising | 103349 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114718142 | Total |
| Program Services | 98564831 | ProgramServices |
| Management And General | 13543627 | ManagementAndGeneral |
| Fundraising | 2609684 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15714172 | BOY |
| EOY | 23594764 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 636984 | BOY |
| EOY | 917545 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2553338 | BOY |
| EOY | 3512957 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6312173 | BOY |
| EOY | 6442423 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2426357 | BOY |
| EOY | 1005705 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 183910457 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 76885108 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106660162 | BOY |
| EOY | 107025349 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176118727 | BOY |
| EOY | 164340769 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 504613 | BOY |
| EOY | 483633 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2783716 | BOY |
| EOY | 2619895 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313710242 | BOY |
| EOY | 309943040 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10550297 | BOY |
| EOY | 9543573 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5178746 | BOY |
| EOY | 5236571 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9655942 | BOY |
| EOY | 10240227 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105500226 | BOY |
| EOY | 104374778 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 495943 | BOY |
| EOY | 516467 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131381154 | BOY |
| EOY | 129911616 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128135710 | BOY |
| EOY | 125027471 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12862449 | BOY |
| EOY | 12971053 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41330929 | BOY |
| EOY | 42032900 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 182329088 | BOY |
| EOY | 180031424 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313710242 | BOY |
| EOY | 309943040 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7127328 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -9424992 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $55,067 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 55067 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE C, PART II-B, LINE 1I | Identifier |
| Explanation | Payment to third party lobbying firm. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 154151897 | BeginningOfYearBalance |
| Contributions | 702612 | Contributions |
| Investment Earnings Or Losses | -1044850 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5928398 | GrantsOrScholarships |
| End Of Year Balance | 147881261 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 135178690 | BeginningOfYearBalance |
| Contributions | 482407 | Contributions |
| Investment Earnings Or Losses | 22189145 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3698345 | GrantsOrScholarships |
| End Of Year Balance | 154151897 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 120599475 | BeginningOfYearBalance |
| Contributions | 6786362 | Contributions |
| Investment Earnings Or Losses | 10115468 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2322615 | GrantsOrScholarships |
| End Of Year Balance | 135178690 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 145712639 | BeginningOfYearBalance |
| Contributions | 8994133 | Contributions |
| Investment Earnings Or Losses | -30322191 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3750250 | GrantsOrScholarships |
| Other Expenditures | 34856 | OtherExpenditures |
| End Of Year Balance | 120599475 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.66000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.28000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8517744 | OtherCostOrOtherBasis |
| Book Value | 8517744 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 152212165 | OtherCostOrOtherBasis |
| Depreciation | 61653586 | Depreciation |
| Book Value | 90558579 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18855873 | OtherCostOrOtherBasis |
| Depreciation | 11168782 | Depreciation |
| Book Value | 7687091 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4324675 | OtherCostOrOtherBasis |
| Depreciation | 4062740 | Depreciation |
| Book Value | 261935 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 107025349 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY LIABILITIES | $313,868 |
| OTHER LIABILITIES | $202,599 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 516467 | TotalOfAmounts |
| Total Revenue | 121845470 | TotalRevenue |
| Total Expenses | 114718142 | TotalExpenses |
| Excess Or Deficit For Year | 7127328 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -3432607 | NetUnrealizedGLOnInvestments |
| Other | $5,992,385 | OtherAmount |
| Total Adjustments | 2559778 | TotalAdjustments |
| Excess Or Deficit Per FS | 9687106 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 85326935 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3432607 | NetUnrealizedGainsInvestments |
| Other Revenues | -60294 | OtherRevenues |
| Revenue Not Rptd F990 | -3492901 | RevenueNotRptdF990 |
| Revenue Subtotal | 88819836 | RevenueSubtotal |
| Other Revenues Not Included | 33025634 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 33025634 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 121845470 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 87624599 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 87624599 | ExpensesSubtotal |
| Other Expenses Not Included | 27093543 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 27093543 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 114718142 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE D, PART X | The University recognizes or derecognizes a tax position based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The University does not beleive its financial statements include any material uncertain tax positions. |
| SCHEDULE D, PART XI, LINE 8 | PENSION COST CHANGE......... $ (60,294) ANNUITY ADJUSTMENT.......... (32,091) ENDOWMENT DISTRIBUTION...... (5,900,000) -------------- Total:...................... $(5,992,385) |
| SCHEDULE D, PART XII, LINE 2D | PENSION COST CHANGE.........$(60,294) ---------- Total.......................$(60,294) |
| SCHEDULE D, PART XII, LINE 4B | SCHOLARSHIPS................. $ 27,093,543 ENDOWMENT DISTRIBUTION....... 5,900,000 Annuity Adjustment........... 32,091 ------------ TOTAL........................ $ 33,025,634 |
| SCHEDULE D, PART XIII, LINE 4B | SCHOLARSHIPS......... $ 27,093,543 ------------ TOTAL............... $ 27,093,543 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | AN AFFIRMATIVE ACTION STATEMENT IS CONTAINED IN ALL ADMISSIONS MATERIALS AND IN THE UNIVERSITY CATALOG. |
| Government Assistance | Schedule E, Part I, Line 6a | THE UNIVERSITY OF THE SCIENCES IN PHILADELPHIA RECEIVED $2,734,063 IN GOVERNMENT GRANTS FOR THE YEAR ENDED JUNE 30, 2012. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | Relations Building | 30436 |
| North America | Program Services | relations building | 14893 |
| East Asia and the Pacific | Program Services | Relations Building | 16219 |
| Sub-Saharan Africa | Program Services | Relations Building | 6892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 68440 | SubtotalAmountSpent |
| Total Amount Spent | 68440 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | INSTITUTIONAL SCHOLARSHIP AWARDED | TypeOfGrant |
| Number Of Recipients | 2621 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 27093543 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Use of Grant Funds Inside U.S. | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | THE UNIVERSITY GRANT POLICY IS CONTAINED IN ALL ADMISSIONS MATERIAL, IN THE UNYVERSITY CATALOG, AND CAN ALSO BE FOUND ON THE UNIVERSITY'S WEBSITE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (20 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Philip Gerbino | |||||||||||||
| 376421 | 0 | 11679 | 0 | 3966 | 0 | 24042 | 0 | 10381 | 0 | 426489 | 0 | 0 | 0 |
| Joseph Trainor | |||||||||||||
| 211096 | 0 | 0 | 0 | 4248 | 0 | 19301 | 0 | 19855 | 0 | 254500 | 0 | 0 | 0 |
| Patrick Lepore | |||||||||||||
| 226460 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12976 | 0 | 239436 | 0 | 0 | 0 |
| Russell J Digate | |||||||||||||
| 289644 | 0 | 0 | 0 | 4290 | 0 | 24500 | 0 | 6720 | 0 | 325154 | 0 | 0 | 0 |
| William L Ashton | |||||||||||||
| 213672 | 0 | 3120 | 0 | 1511 | 0 | 20249 | 0 | 26042 | 0 | 264594 | 0 | 0 | 0 |
| Sara Campbell | |||||||||||||
| 209140 | 0 | 3120 | 0 | 1128 | 0 | 18899 | 0 | 6720 | 0 | 239007 | 0 | 0 | 0 |
| William Cunningham | |||||||||||||
| 129602 | 0 | 0 | 0 | 708 | 0 | 12191 | 0 | 17767 | 0 | 160268 | 0 | 0 | 0 |
| Shawn Curtin | |||||||||||||
| 157119 | 0 | 57051 | 0 | 707 | 0 | 14231 | 0 | 6720 | 0 | 235828 | 0 | 0 | 0 |
| Lisa Lawson Gibson | |||||||||||||
| 240934 | 0 | 0 | 0 | 0 | 0 | 21600 | 0 | 27189 | 0 | 289723 | 0 | 0 | 0 |
| John Masciantonio | |||||||||||||
| 131200 | 0 | 0 | 0 | 924 | 0 | 11936 | 0 | 15616 | 0 | 159676 | 0 | 0 | 0 |
| John Mccaffrey | |||||||||||||
| 161133 | 0 | 0 | 0 | 1548 | 0 | 13546 | 0 | 10648 | 0 | 186875 | 0 | 0 | 0 |
| Suzanne Murphy | |||||||||||||
| 169288 | 0 | 0 | 0 | 708 | 0 | 15435 | 0 | 15436 | 0 | 200867 | 0 | 0 | 0 |
| Andrew Peterson | |||||||||||||
| 186879 | 0 | 0 | 0 | 0 | 0 | 17099 | 0 | 6720 | 0 | 210698 | 0 | 0 | 0 |
| Cathy Poon | |||||||||||||
| 159484 | 0 | 0 | 0 | 0 | 0 | 14630 | 0 | 9067 | 0 | 183181 | 0 | 0 | 0 |
| Ann Satterthwaite | |||||||||||||
| 187636 | 0 | 0 | 0 | 4248 | 0 | 16545 | 0 | 969 | 0 | 209398 | 0 | 0 | 0 |
| Laurie Sherwen | |||||||||||||
| 173876 | 0 | 0 | 0 | 708 | 0 | 15885 | 0 | 9597 | 0 | 200066 | 0 | 0 | 0 |
| Rodney Wigent | |||||||||||||
| 145632 | 0 | 0 | 0 | 0 | 0 | 13399 | 0 | 15436 | 0 | 174467 | 0 | 0 | 0 |
| Barbara Elliot | |||||||||||||
| 155595 | 0 | 0 | 0 | 1041 | 0 | 14449 | 0 | 11900 | 0 | 182985 | 0 | 0 | 0 |
| Peter Miller | |||||||||||||
| 164217 | 0 | 21073 | 0 | 708 | 0 | 14887 | 0 | 11900 | 0 | 212785 | 0 | 0 | 0 |
| Bruce Canaday | |||||||||||||
| 199578 | 0 | 0 | 0 | 1475 | 0 | 6838 | 0 | 5309 | 0 | 213200 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| PART I, LINE 1A | 1. THE EXECUTIVES WILL FLY COACH AIR FOR DOMESTIC TRAVEL AND BUSINESS CLASS FOR OVERSEAS TRAVEL. 2. UPGRADES OR ENHANCEMENTS ARE NOT REIMBURSED. 3. THE EXECUTIVES MAY MAKE AIR AND OTHER TRAVEL ARRANGEMENTS THROUGH THEIR RESPECTIVE UNIVERSITY OFFICES. EVERY ATTEMPT SHOULD BE MADE TO ACQUIRE ADVANCED PURCHASE TICKETS. WHEN IT IS NECESSARY TO CHANGE AN ADVANCED PURCHASED TICKET, CHANGE FEES AND ADDITIONAL SERVICE CHARGES ARE REIMBURSABLE. TAX GROSS UP PAYMENTS ARE MADE WHEN APPLICABLE. THE UNIVERSITY PAYS A SOCIAL CLUB MEMBERSHIP FEE FOR THE PRESIDENT. THE SOCIAL CLUB MEMBERSHIP USE IS LIMITED TO UNIVERSITY BUSINESS PURPOSES. | |
| Severance Payment | Patrick LePore $226,460 | Schedule J, Part I, Line 4a |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| PHILADELPHIA HIGHER EDUCATION FINANCING AUTHORITY | |||||||
| 232243852 | 70917NU69 | 2005-01-15 | 40545000 | REFUND ESCROWS, CONSTRUCTION & MIS | false | false | false |
| PENNSYLVANIA HIGHER EDUCATION FINANCING AUTHORITY | |||||||
| 232243852 | 70917RQY2 | 2008-05-17 | 67400000 | REDEEM PRIOR BONDS AND CREATE DEBT | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 40545000 | 0 | 0 | 0 | 0 | 0 | 0 | 40545000 | 0 | 0 | 2005 | false | false | true | true |
| 0 | 0 | 67400000 | 5408560 | 0 | 61991440 | 0 | 0 | 0 | 0 | 0 | 0 | 2008 | true | true | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | false | true | true | 0 | 0.00000 | 0.00000 | true |
| false | false | false | true | true | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| false | false | false | false | false | false | 0 | false | false |
| 0 | ||||||||
| false | false | false | false | false | false | 0 | false | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Medical Equipment | Description |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 282000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Review Process | Form 990, Part VI, Line 11b | THE 990 IS PREPARED BY OUTSIDE INDEPENDENT TAX ADVISORS AND REVIEWED BY THE UNIVERSITY. IT IS REVIEWED BY THE AUDIT COMMITTEE. IT IS MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO THE FILING DEADLINE. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c | THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY, BY VIRTUE OF THEIR OFFICES, HAVE A FIDUCIARY RELATIONSHIP WITH THE UNIVERSITY WHICH REQUIRES THAT THEY ACT IN GOOD FAITH AND WITH FIDELITY TO THE UNIVERSITY'S BEST INTERESTS. THE UNIVERSITY HAS WRITTEN CONFLICT OF INTEREST POLICIES WHICH ARE INTENDED TO PERMIT THE UNIVERSITY AND ITS TRUSTEES, OFFICERS AND OTHER KEY EMPLOYEES TO IDENTIFY, EVALUATE AND ADDRESS ANY CONFLICT OF INTEREST THAT MIGHT CALL INTO QUESTION THIS FIDUCIARY DUTY TO THE UNIVERSITY. EACH TRUSTEE, OFFICER AND KEY EMPLOYEE IS REQUIRED TO REPORT ANY CONFLICTS OF INTEREST TO THE UNIVERSITY AS SOON AS PRACTICAL AFTER THEY BECOME AWARE OF SUCH A CONFLICT. EACH TRUSTEE, OFFICER AND KEY EMPLOYEE SHALL ALSO ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE UNIVERSITY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICIES BY REVIEW OF THE ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES BY THE OFFICE OF THE PRESIDENT. IF CONFLICTS OF INTEREST EXIST FOR OFFICERS AND KEY EMPLOYEES, THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS NOTIFIED AND DETERMINES THE CORRECTIVE MEASURE, IF ANY, TO BE TAKEN TO RESOLVE THE CONFLICT, OR WILL IMPOSE APPROPRIATE RESTRICTIONS, IF ANY ON THE PERSON WITH THE CONFLICT. FOR CONFLICTS OF INTEREST INVOLVING THE TRUSTEES, THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES WILL BE NOTIFIED OF THE CONFLICT AND WILL RECOMMEND TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THE CORRECTIVE MEASURES, IF ANY, TO THE TAKEN TO RESOLVE THE CONFLICT OR APPROPRIATE RESTRICTIONS, IF ANY TO BE IMPOSED ON THE PERSON WITH THE CONFLICT. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, EXCLUDING SUCH CONFLICTED PERSON, HAS THE FINAL APPROVAL OF ANY RECOMMENDED CORRECTIVE MEASURES OR IMPOSED RESTRICTIONS. SUCH RESTRICTIONS REQUIRE EXCLUDING CONFLICTED PERSONS FROM DISCUSSION AND APPROVAL OF TRANSACTIONS BENEFITTING THEM, DIRECTLY OR INDIRECTLY. |
| Process for Determining Compensation | Form 990, Part VI, Line 15a | PURPOSE - TO ESTABLISH THE PARAMETERS REGARDING EXECUTIVE COMPENSATION, WITH THE OBJECTIVE OF PROVIDING TOTAL COMPENSATION TO THE PRESIDENT AND HIS EXECUTIVE LEADERSHIP TEAM WHICH WILL SERVE TO MAINTAIN A COMPETITIVE MARKET POSITION AND RECOGNIZE THE ACHIEVEMENT OF ESTABLISHED FINANCIAL, QUALITY AND STRATEGIC GOALS FOR THE UNIVERSITY AND TO RECOGNIZE INDIVIDUAL PERFORMANCE, CONSISTENT WITH THE LAWS, REGULATIONS AND PRINCIPLES GOVERNING NON-PROFIT COMPENSATION. AS USED HEREIN, "EXECUTIVES" SHALL BE THE PRESIDENT'S EXECUTIVE LEADERSHIP TEAM. PROCEDURE - TO ESTABLISH A LEVEL OF COMPENSATION REQUIRED TO RECRUIT AND RETAIN EXECUTIVES, THE UNIVERSITY SHALL GIVE PRIMARY CONSIDERATION TO DATA ON EXECUTIVE COMPENSATION FOR COMPARABLE POSITIONS. AS A GENERAL RULE, "COMPARABLE POSITIONS" ARE THOSE LIKE POSITIONS WITHIN HIGHER EDUCATION THAT ARE SIMILAR TO THE UNIVERSITY IN TERMS OF REVENUE, NUMBER OF STUDENTS, SIZE OF ENDOWMENT, NUMBER OF EMPLOYEES AND/OR GEOGRAPHIC AREA. THE EXECUTIVE COMMITTEE OF THE UNIVERSITY BOARD OF TRUSTEES (EXECUTIVE COMMITTEE) SHALL APPROVE THE PRESIDENT'S COMPENSATION, INCLUDING WITHOUT LIMITATION, BASE COMPENSATION, INCENTIVE COMPENSATION, DEFERRED COPMENSATION, FRINGE AND OTHER BENEFITS. EACH EXECUTIVE COMMITTEE MEMBER VOTING ON THE PRESIDENT'S COMPENSATION ARRANGEMENT SHALL ENSURE THAT (S)HE HAS NO CONFLICT OF INTEREST, INCLUDING THAT (S)HE (A) DOES NOT ECONOMICALLY BENEFIT FROM PROPOSED EMPLOYEE; (B) DOES NOT RECEIVE COMPENSATION SUBJECT TO THE APPROVAL OF THE PROPOSED EMPLOYEE; AND (C) HAS NO MATERIAL FINANCIAL INTEREST AFFECTED BY THE TRANSACTION. THE DECISIONS OF THE EXECUTIVE COMMITTEE REGARDING THE PRESIDENT'S COMPENSATION AND THE DECISIONS OF THE PRESIDENT REGARDING THE EXECUTIVES COMPENSATION IS TO BE DOCUMENTED. THIS PROCESS WAS LAST UNDERTAKEN IN 2012. |
| Process for Determining Compensation | Form 990, Part VI, Line 15b | THE PRESIDENT SHALL APPROVE ALL EXECUTIVE COMPENSATION FOR THE EXECUTIVE LEADERSHIP TEAM, WHICH SHALL INCLUDE ALL COMPENSATION COMPONENTS, INCLUDING WITHOUT LIMITATION, BASE COMPENSATION, INCENTIVE COMPENSATION, DEFERRED COMPENSATION, FRINGE AND OTHER BENEFITS. THE PRESIDENT AND THE EXECUTIVE COMMITTEE SHALL USE COMPARABILITY DATA PROVIDED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT, WHICH MAY INCLUDE INDUSTRY SURVEYS, EXPERT COMPENSATION STUDIES, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS, OR OTHER COMPARABLE DATA IN APPROVING ANY COMPENSATION CHANGES. THE PRESIDENT AND THE EXECUTIVE COMMITTEE SHALL PERIODICALLY RETAIN THE SERVICES OF A COMPENSATION CONSULTANT TO PROVIDE AN EXTERNAL ASSESSMENT OF THE UNIVERSITY'S COMPENSATION ANALYSIS. IT SHOULD BE NOTED THAT THIS INFORMATION IS USED TO ARRIVE AT A REASONABLE AND ARM'S LENGTH DETERMINATION OF TOTAL COMPENSATION. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY POSTING THE INFORMATION ON THE ORGANIZATION'S WEBSITE. |
| Form 990, part XI, line 5 | Reconcilation of net assets | Net Unrealized Losses on Investments............ $ (3,432,607) Pension Cost Change............................. (60,294) Annuity Adjustment............................. (32,091) Endowment Distribution......................... (5,900,000) ------------ Total: $ (9,424,992) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KINGSESSING REALTY LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH 43RD STREET | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 233067213 | EIN |
| Primary Activities | PARTNERSHIP | PrimaryActivities |
| Legal Domicile State | PA | LegalDomicileState |
| Total Income | -17584 | TotalIncome |
| EOY Assets | -3745 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |