2012-10-02T17:04:57-05:00 2012-06-30 910856953 ALEGRIA & COMPANY PS 601 NORTH 39TH AVENUE YAKIMA WA 98902 990 2011-07-01 910570848 JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE JMPE 5094530374 2011 W WASHINGTON AVE YAKIMA WA 98903 CHRISTINE COTE 5094350374 2012-09-17 1 BARRY WARNER P00008578 5095751065 2011 2016-02-24 21:20:13Z CHRISTINE COTE 2011 W WASHINGTON AVE YAKIMA WA 98903 12949656 0 X WWW.PERRYTECH.EDU X 1939 WA THE PRIMARY PURPOSE OF THE HARRIET I. PERRY TRUST IS TO PROVIDE FUNDS FOR THE OPERATION OF PERRY TECHNICAL INSTITUTE - A NON-PROFIT VOCATIONAL SCHOOL. 3 3 164 0 0 0 135881 350537 7477120 8022013 1212002 135900 113322 81095 8938325 8589545 0 0 0 0 5009509 5441610 0 0 0 3758116 3827825 8767625 9269435 170700 -679890 31232685 29465662 8277375 8188751 22955310 21276911 THE PRIMARY PURPOSE OF THE HARRIET I. PERRY TRUST IS TO PROVIDE FUNDS FOR THE OPERATION OF PERRY TECHNICAL INSTITUTE - A NON-PROFIT VOCATIONAL SCHOOL. 0 0 9269435 8022013 THE SCHOOL OFFERS DIFFERENT VOCATIONAL PROGRAMS. AN AVERAGE OF 600 STUDENTS PER QUARTER ARE ENROLLED IN THESE PROGRAMS. 9269435 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 30 0 1 164 1 0 0 0 0 0 0 0 1 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X TRACY STOFFER 5094530374 2011 WEST WASHINGTON AVE YAKIMA WA 98903 TERRY SCHMALZ 2.00 X 0 0 0 CUYLER LIGHTHALL 0.00 X 0 0 0 CURTIS KING 2.00 X 0 0 0 JAKE JUNDT 2.00 X 0 0 0 CHRISTINE COTE 40.00 X 118463 0 20944 TRACY STOFFER 40.00 X 90856 0 12421 209319 0 33365 1 0 0 0 0 350537 350537 350537 TUITION 541860 7246814 7246814 WORK STUDY/ORDERS 811000 371314 371314 BOOK SALES 451211 297662 297662 CONT. EDUCATION & OTHE 611600 106223 106223 8022013 400759 400759 65296 95929 -30633 -30633 -30633 3999323 4264182 -264859 -264859 -264859 MISCELLANEOUS REVENUE 900099 111728 111728 111728 8589545 8022013 0 216995 242684 242684 3922508 3922508 246736 246736 653351 653351 376331 376331 9864 9864 65110 65110 100739 100739 138040 138040 315192 315192 100975 100975 294929 294929 772637 772637 111419 111419 WORKORDER EXPENSE 311920 311920 BOOKS & TOOLS 263001 263001 SUPPLIES 251321 251321 SMALL TOOLS AND EQUIPME 235085 235085 857593 857593 9269435 9269435 0 0 3000 3000 1736060 2382718 410257 174094 168454 161397 148389 201772 20624089 7826074 12846908 12798015 15408194 13259391 0 511423 485275 31232685 29465662 304027 278585 5652149 5339675 2321199 2570491 8277375 8188751 X 22924082 21245965 31228 30946 22955310 21276911 31232685 29465662 X -679890 -998509 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92056 92056 17525217 5729891 11795326 2907766 2073072 834694 99050 23111 75939 12798015 UNEARNED TUITION 2285031 DEFERRED COMPENSATION 285460 2570491 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST AND FOUNDATION HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST AND FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST AND FOUNDATION ARE SUBJECT TO AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE TRUST AND FOUNDATION ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2009. INTEREST AND PENALTIES RELATED TO TAXES ARE REPORTED IN ADMINISTRATION EXPENSES WHEN INCURRED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL STUDENT SOLICITATION CONTAINS THE NON-DISCRIMINATORY POLICY OF THE INSTITUTE. NEWSPAPER MEDIA IS USED EACH YEAR. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL STUDENT FINANCIAL AID FOR THE DIRECT BENEFIT OF QUALIFIED STUDENTS. WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 2007-10-26 5000000 FOR CONSTRUCTION OF AN EDUCATIONAL FACILITY 0 0 0 4464675 4464675 2009 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 FORM 990, SCHEDULE K, PART II, LINE 3 EXPLANATION OF DIFFERENCE FROM PART I: THE AMOUNT LISTED ON PART II, LINE 3, TOTAL PROCEEDS OF ISSUE IS DIFFERENT FROM PART 1, COLUMN E, ISSUE PRICE DUE TO $535,325 OF PRINCIPLE PAYMENTS MADE ON THE BOND. X 10 6200 FAIR MARKET VALUE X INSTRUMENTATION EQUIPMENT 2 FAIR MARKET VALUE X MACHINE EQUIPMENT 3 13050 FAIR MARKET VALUE X HVAC EQUIPMENT 1 3770 FAIR MARKET VALUE X ITCS EQUIPMENT 3 97379 FAIR MARKET VALUE X ELECTRIC EQUIPMENT 3 103319 FAIR MARKET VALUE X WELDING EQUIPMENT 1 600 FAIR MARKET VALUE X INDUSTRIAL EQUIMPMENT 2 125919 FAIR MARKET VALUE X ADMINISTRATIVE EQUIPMENT 1 300 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AT A TRUSTEE MEETING BEFORE THE FORM WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED ANNUALLY. THE PRESIDENT USUALLY GOES THROUGH THE POLICY WITH EACH OFFICE STAFF MEMBER AND DEPARTMENT HEADS TO COMMUNICATE ITS IMPORTANCE AND ADDRESS ANY ISSUES THAT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE WASHINGTON STATE AND FEDERAL WAGE DATABASES, AS WELL AS THE PUBLIC INFORMATION ON WAGES FROM STATE COLLEGES, TO DETERMINE APPROPRIATE WAGE LEVELS FOR ALL EMPLOYEES EXCEPT THE PRESIDENT. THE TRUSTEES OF THE ORGANIZATION DETERMINE THE COMPENSATION FOR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ONLY UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -909,400. PAYMENTS TO AFFILIATES (NET) -89,109. TOTAL TO FORM 990, PART XI, LINE 5: -998,509. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGES WERE MADE TO THE OVERSIGHT AND SELECTION PROCESSES DURING THE TAX YEAR. PERRY TECHNICAL FOUNDATION 2011 W WASHINGTON YAKIMA WA 98903 943188041 TO RAISE FUNDS TO GIVE SCHOLARSHIPS TO PERRY TECHNICAL INSTITUTE STUDENTS WA 501(C)(3) 509(A)(3) JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 PERRY TECHNICAL FOUNDATION O 87942 ACTUAL AMOUNT PAID PERRY TECHNICAL FOUNDATION R 170115 ACTUAL AMOUNT PAID PERRY TECHNICAL FOUNDATION N 81154 ACTUAL AMOUNT PAID PERRY TECHNICAL FOUNDATION Q 90128 ACTUAL AMOUNT PAID