2012-05-15T10:11:43-05:00 2011-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2010-07-01 231386178 Widener University WIDE 6104994396 One University Place Chester PA 19013 Joseph J Baker 6104994156 2012-05-14 2155614200 2010 2016-02-24 21:20:13Z Joseph J Baker One University Place Chester PA 19013 217789941 false X www.widener.edu X 1821 PA Widener University is an innovative metropolitan university that combines academic quality with career preparation and a committment to community service. 28 27 3328 50 -12264 -22818 8301191 12073661 177751933 184829763 935897 1340733 1499823 1774780 188488844 200018937 38778989 42049807 0 0 95569016 99422284 0 0 4698853 49079204 48664746 183427209 190136837 5061635 9882100 303359544 330188503 146172162 152987787 157187382 177200716 X AS A LEADING METROPOLITAN UNIVERSITY, WE ACHIEVE OUR MISSION AT WIDENER BY CREATING A LEARNING ENVIRONMENT WHERE CURRICULA ARE CONNECTED TO SOCIETAL ISSUES THROUGH CIVIC ENGAGEMENT. WE LEAD BY PROVIDING A UNIQUE COMBINATION OF LIBERAL ARTS AND PROFESSIONAL EDUCATION IN A CHALLENGING, SCHOLARLY, AND CULTURALLY DIVERSE ACADEMIC COMMUNITY. WE ENGAGE OUR STUDENTS THROUGH DYNAMIC TEACHING, ACTIVE SCHOLARSHIP, PERSONAL ATTENTION, AND EXPERIENTIAL LEARNING. WE INSPIRE OUR STUDENTS TO BE CITIZENS OF CHARACTER WHO DEMONSTRATE PROFESSIONAL AND CIVIC LEADERSHIP. WE CONTRIBUTE TO THE VITALITY AND WELL-BEING OF THE COMMUNITIES WE SERVE. false false 115118573 42049807 164444791 INSTRUCTIONAL/GRANTS- EXPENSES INCURRED WITH THE ACADEMIC INSTRUCTION OF OUR STUDENT BODY AS WELL AS GRANTS TO STUDENTS 17795835 343117 ACADEMIC SUPPORT- COSTS INCURRED WITH THE MAINTENANCE OF PROGRAMS AND ACTIVITIES FOR FACULTY AND STUDENTS 15783038 583140 STUDENT SERVICES- COSTS INCURRED WITH THE MAINTENANCE OF PROGRAMS THAT SERVICE OUR STUDENT BODY 18674117 19276285 AUXILIARY SERVICES 18674117 19276285 167371563 true true false true false false true false true true false false false true true true false true false true false false false true false false false true true true false false false false false false false false true false true false false false false true true true false false true 256 0 true 3328 true true true false false false false true true false false false false X 28 27 true false false false false false false true true false false true true true true true true true true false PA X X JOSEPH J BAKER 6104994156 ONE UNIVERSITY PLACE Chester PA 19013 James T Harris 60.0 X X 384532 0 209896 Nicholas Trainer 2.0 X 0 0 0 John H Tilelli Jr 2.0 X 0 0 0 Karol Wasylyshyn 2.0 X 0 0 0 Paul Beideman 2.0 X 0 0 0 Eugene McGurk Jr 2.0 X 0 0 0 Daniel Borislow 2.0 X 0 0 0 Thomas Bown II 2.0 X 0 0 0 Pamela Browner White 2.0 X 0 0 0 Micheal G DeFino Esq 2.0 X 0 0 0 Stephanie Dudley 2.0 X 0 0 0 James Hargadon 2.0 X 0 0 0 Ira Harkavy 2.0 X 0 0 0 James Hirschmann III 2.0 X 0 0 0 James Mack III 2.0 X 0 0 0 David Oskin 2.0 X 0 0 0 Derrick Pitts 2.0 X 0 0 0 Cynthia Sarnoski 2.0 X 0 0 0 John Schmutz 2.0 X 0 0 0 Ronald Stead 2.0 X 0 0 0 Min Suh Esq 2.0 X 0 0 0 Vito Verni 2.0 X 0 0 0 Ayana Wood 2.0 X 0 0 0 Stephen Wynne 2.0 X 0 0 0 Peter Zacharkiw 2.0 X 0 0 0 Anna C Miller 2.0 X 0 0 0 Robert E Samuel 2.0 X 0 0 0 Richard LP Tan 2.0 X 0 0 0 Anthony R Britton 2.0 X 0 0 0 Brian P Tierney 2.0 X 0 0 0 JOSEPH J BAKER 60.0 X 279913 0 98932 BOBBIE JO ALLEN 60.0 X 273597 0 42700 LINDA S DURANT 60.0 X 235955 0 36823 LINDA L AMMONS 60.0 X 269485 0 44424 FRED A AKL 40.0 X 210233 0 50216 MICHAEL J SLINGER 40.0 X 192068 0 80372 STEPHEN C WILHITE 40.0 X 187375 0 38452 Savas Ozatalay 40.0 X 186265 0 41831 Suk- Chung Yoon 40.0 X 184166 0 21007 2403589 0 664653 117 false true false HSC Builders Construction 304 New Mill Lane EXTON PA 19341 construction 8492499 Aramark Services Inc One University Place CHESTER PA 19013 food service 4345774 Aramark Facility Services Inc One University Place CHESTER PA 19013 housekeeping 2083874 Aramark 24818 Network Place CHICAGO IL 60673 construction 965264 Harmelin Media 525 Righters Ferry Road BALA CYNWYD PA 19004 advertising 784479 25 11690 2533295 9528676 100835 12073661 TUITION/FEES 611600 164258519 164258519 AUXILIARY ENTERPRISES 713940 19260585 19273527 -12942 FEES, PARKING, ETC 900099 1035044 1035044 INTEREST FEES ON LOANS 900099 182430 182430 FEES/CONTRACTS GOVERNMENT AGENCIES 900099 93185 93185 184829763 3717399 3717399 0 0 954620 215210 739410 739410 739410 15118556 17495222 -2376666 -2376666 678 -2377344 59881 60572 -691 -691 0 0 MISCELLANEOUS REVENUE 525990 1036061 1036061 1036061 200018937 184660275 -12264 3297265 0 42049807 42049807 0 0 1885437 315490 1569947 0 0 70846781 62678884 6113506 2054391 5294104 4774889 362584 156631 16541013 14505411 1561867 473735 4854949 4261361 454178 139410 0 541544 19447 522097 124357 6228 118129 0 0 115977 115977 10462076 7991045 1801264 669767 2451566 494060 1521011 436495 2212555 1615334 396817 200404 3578716 1100492 2459661 18563 0 5436558 5011449 406661 18448 1796054 1561844 139810 94400 0 457305 327626 107767 21912 4168443 4168443 0 10370161 10370161 784115 784115 LIBRARY BOOKS & PERIODICALS 3158401 3158401 STUDENT, FACULTY & ALUMNI EVEN 789344 586673 33875 168796 FEES AND DUES 626854 384915 227038 14901 MISCELLANEOUS 1590720 1205488 154232 231000 190136837 167371563 18066421 4698853 39779765 40770604 11009308 10422916 3359986 4048957 13253479 13887429 2713496 2821685 304037193 132047294 164617903 171989899 64667268 81472632 3135992 3983306 822347 791075 303359544 330188503 17221543 18370841 8054185 7935771 4058839 4981196 81355451 80104299 198277 176376 35283867 41419304 146172162 152987787 X 118536040 129790394 7423815 12783901 31227527 34626421 157187382 177200716 303359544 330188503 X 9882100 10131234 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 100500 false false 100500 false LOBBYING ACTIVITIES SCHEDULE C PART II-B THE UNIVERSITY ENGAGED OUTSIDE LOBBYISTS TO PURSUE EARMARK APPROPRIATIONS TO FURTHER THE ACADEMIC MISSION OF THE UNIVERSITY. X X X Community Enrichment false 61283688 9461518 12047684 741734 3123548 78927608 58431578 950699 6097318 790314 3405593 61283688 82228438 1239811 -20434062 933419 3669190 58431578 0.55000 0.45000 false false 14562978 14562978 238957137 88187324 150769813 46365636 40671633 5694003 4151442 3188337 963105 171989899 0 ACCRUED POST RETIREMENT BENEFIT 37994627 ASSET RETIREMENT OBLIGATION 3424677 41419304 200018937 190136837 9882100 13055833 -2924598 10131235 20013335 171562530 13055833 227996 13283829 158278701 115977 41624259 41740236 200018937 148624597 227996 227996 148396601 115977 41624259 41740236 190136837 Financial Statement Footnote Schedule D, Part III, Line 1a THE UNIVERSITY HAS ELECTED PURSUANT TO SFAS 116 NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART. THE FOOTNOTE READS "The University houses a collection of American paintings and the Alfred O. Deshong Collection of European paintings and Oriental art objects at the Widener University Art Collection and Gallery that it does not capitalize. These collections adhere to the University's policy to (a) maintain them for public exhibition, education or research; and (b) protect, keep unencumbered, care for, and preserve them." Intended Uses of Endowment Funds Schedule D, Part V, Line 4 ENDOWMENT FUNDING SUPPORTS SCHOLARSHIPS, FACULTY DEVELOPMENT, CHAIRS, AWARDS, THE LIBRARY AS WELL AS OTHER INITIATIVES. NONOPERATING ACTIVITY INCREASE SCHEDULE D PART XI LINE 8 CHANGE IN PENSION $2,924,598 EXPENSES INCLUDED IN REVENUE SCHEDULE D PART XII LINE 2d RENTAL EXPENSE $215,210 NET SPECIAL FUNDRAISING EXPENSES 12,786 -------- TOTAL PART XII LINE 2d $227,996 EXPENSES INCLUDED IN FINANCIAL STATEMENT REVENUE SCHEDULE D PART XII LINE 4B SCHOLARSHIPS $41,624,259 EXPENSES INCLUDED IN FINANCIAL STATEMENTS NOT RETURN SCHEDULE D PART XIII LINE 2d RENTAL EXPENSE $215,210 NET SPECIAL FUNDRAISING EXPENSES 12,786 -------- TOTAL PART XIII LINE 2d $227,996 EXPENSES INCLUDED IN FINANCIAL STATEMENT REVENUE SCHEDULE D PART XIII LIN 4b SCHOLARSHIPS $41,624,259 true true true true true true true false false false false false false false false true false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 OUR POLICY IS PUBLISHED IN ALL CATALOGS, PRINTED MATERIALS AND RADIO ADVERTISEMENTS. Government Assistance Schedule E, Part I, Line 6a IN THE NORMAL COURSE OF BUSINESS, THE UNIVERSITY ROUTINELY RECEIVES FUNDING FROM FEDERAL, STATE AND LOCAL GOVERNMENTS FOR STUDENT FINANCIAL AID. ADDITIONALLY, THE UNIVERSITY RECEIVES GRANTS, INCLUDING EARMARKS FOR A NUMBER OF DIFFERENT INITIATIVES, PROGRAMS AND PROJECTS. false East Asia and the Pacific 0 0 Program Services Law School Summer Prog 1896 Sub-Saharan Africa 0 0 Program Services Law School Summer Prog 54653 Europe (Including Iceland and Greenland) 0 0 Program Services Law School Summer Prog 127722 East Asia and the Pacific 0 0 Program Services Exchange Program 41648 0 0 0 0 225919 225919 false false false false false false Golf Outing 23785 11690 12095 277 10212 1606 Phila Alumni 30450 30450 12831 1 17336 17336 35646 71571 11690 59881 277 10212 50083 60572 -691 true Financial Aid 39383809 Fair Market Value X X X true true X X X X false true false false false false false false false James T Harris 323181 0 20000 0 41351 0 124500 0 85396 0 594428 0 0 0 JOSEPH J BAKER 240718 0 8000 0 31195 0 24500 0 74432 0 378845 0 0 0 BOBBIE JO ALLEN 232867 0 4000 0 36730 0 24500 0 18200 0 316297 0 0 0 LINDA S DURANT 194015 0 4000 0 37940 0 21756 0 15067 0 272778 0 0 0 LINDA L AMMONS 230879 0 2000 0 36606 0 24500 0 19924 0 313909 0 0 0 FRED A AKL 184342 0 0 0 25891 0 18354 0 31862 0 260449 0 0 0 MICHAEL J SLINGER 182342 0 0 0 9726 0 18899 0 61473 0 272440 0 0 0 STEPHEN C WILHITE 187375 0 0 0 0 0 15143 0 23309 0 225827 0 0 0 Savas Ozatalay 169426 0 0 0 16839 0 18522 0 23309 0 228096 0 0 0 Suk- Chung Yoon 168744 0 0 0 15422 0 10340 0 10667 0 205173 0 0 0 First-class or charter travel Schedule J, Part I, Line 1a The University maintains a written accountable policy regarding the payment or reimbursement of travel and entertainment expenses, including airline and rail travel, companion travel, international travel, social and health clubs, maid service, and business meals, meetings and entertainment. The University's President reviews and approves the travel and entertainment expenses for all University's Vice Presidents. The University's Vice Presidents review and approve the travel and entertainment expenses for their respective staff. It is important to note the President's travel and entertainment expenses are reviewed and approved by the University's Board Chairperson. Housing allowance or residence for personal use Schedule J, Part I, Line 1a THE PRESIDENT OF THE UNIVERSITY IS PROVIDED HOUSING AS REQUIRED AS PART OF HIS EMPLOYMENT. THE USE OF THE HOUSE IS EXCLUDED FROM INCOME PURSUANT TO INTERNAL REVENUE CODE SECTION 119(a)(2). THE FAIR RENTAL VALUE OF THE HOUSING IS $35,000. BUSINESS EXPENSES ARE COVERED UNDER THE UNIVERSITY'S TRAVEL AND ENTERTAINMENT EXPENSE POLICY. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE BOARD OF TRUSTEES HAS APPROVED A SUPPLEMENTAL RETIREMENT PLAN FOR THE PRESIDENT. THE UNIVERSITY ACCRUED A CONTRIBUTION OF $100,000 TO THE PLAN. THE PRESIDENT IS NOT CURRENTLY VESTED IN THE PLAN AND IT IS SUBJECT TO FORFEITURE. PHEFA REVENUE BONDS SERIES 2003 232243852 70917NXJ8 2003-10-01 51590981 Science & Engineering Facility false false false PHEFA REVENUE BONDS SERIES 2005 232243852 70917NZ56 2005-02-01 34239090 Dormitory & Physical Education false false false 51590981 4687859 32218908 277558 14054101 2005 false true true true 34239090 3346310 227750 30449130 2006 false false true true false false false false false true false false false false false 0.00350 0.00350 true false false false false false true false false false false false true James T Harris Officer 39000 Compensation paid to spouse false Brian P Tierney Trustee 53639 Advertising Contract false X 6 100835 Market Value false true true SCHEDULE M, PART I, LINE 9 THE UNIVERSITY OCCASSIONALLY RECEIVES GIFTS OF STOCK. THE UNIVERSITY SELLS THE STOCK THROUGH A BROKERAGE ACCOUNT. Form 990 Review Process Form 990, Part VI, Line 11b Once a draft of the IRS Form 990 is completed and reviewed by our independent tax advisors, it is reviewed by both the Audit and Finance & Administration Committees of the Board of Trustees. It is then reviewed with the full Board of Trustees at its next meeting (starting in 2012 this will be the February meeting). The Form 990 is not filed until the full Board of Trustees has reviewed it with management. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c The University has conflict of interest policies for the Board of Trustees, Officers, Key Employees, full-time staff, and part-time staff involved in purchasing. The Board of Trustees complete the conflict of interest disclosure form on an annual basis, and the disclosure forms are received and reviewed by the Trusteeship Committee. The results of the review are then reported to the Board's Executive Committee, which in turn reports the results to the full Board of Trustees. The process, review and reporting for the Officers and Key Employees is the same as the Board of Trustees. All full-time staff and part-time staff involved in purchasing complete a disclosure form annually, and these are collected and reviewed by the Associate Vice President-Administration. He then reports the findings to the Senior Vice President-Administration & Finance and the President of the University. A report is then made by the Senior Vice President-Administration & Finance to the Finance and Administration Committee of the Board, which then reports the findings to the full Board of Trustees. Process for Determining Compensation Form 990, Part VI, Line 15a It is the policy of the Widener University and its Board of Trustees (Board) to compensate its executives in accordance with the market and in relation to experience, service and accomplishment both prior to, and during, their service to the university. The Board's use of CUPA and similar indices is for guidance purposes, taking into consideration that the positions reported therein are not, in many instances, equivalent to the executive positions at the University. Thus, when an individual executive acquires additional responsibilities above and beyond those traditionally associated with the general category set forth in the comparative indices, the Board may consider and award appropriate compensation. Exceptions to this policy can occur where special expertise, accomplishment or experiences are required in a particular position or an urgent need has arisen justifying, in the Board's analysis, compensation at a level in excess of the policy range adopted by the Board. When such exceptions arise, the Board shall set forth a statement of their reasoning supporting the departure from the established Executive Compensation Policy. Finally, the Board, in every third year, will engage an outside consultant to verify that total compensation paid to the executives of the University is fair and reasonable. How Documents are Made Available to the Public Form 990, Part VI, Line 19 The University makes available to the public on its website the university's Articles of Incorporation, the conflict of interest policy, the executive compensation policy, the Form 990, the Form 990-T and the University's audited financial statements. TAX EXEMPT BONDS FORM 990 SCHEDULE K PART I PHEFA REVENUE BOND, SERIES OF 2003: THE BOND WAS ORIGINALLY ISSUED IN 2003 WITH STAGGERING MATURITY DATES FROM 2008 - 2036. EACH MATURITY DATE HAS BEEN ASSIGNED A UNIQUE CUSIP NUMBER. PHEFA REVENUE BOND, SERIES OF 2005: THE BOND WAS ORIGINALLY ISSUED IN 2005 WITH STAGGERING MATURITY DATES FROM 2007 - 2039. EACH MATURITY DATE HAS BEEN ASSIGNED A UNIQUE CUSIP NUMBER. Form 990, Part VI, Section A, Line 2 Trustee Relations Trustees David Oskin and Richard Tan are Board members of an unrelated organization. Reconciliation of Net Assets Form 990, Section XI, Line 5 Net Unrealized Gain $13,055,833 CHANGE IN PENSION - 2,924,599 Other Changes $10,131,234 The Neuropsychology Assessment Center One University Place Chester PA 19013 421682886 Education PA 501(c)(3) 9 Widener Univ The Widener Partnership Charter School One University Place Chester PA 19013 421705892 Education PA 501(c)(3) 2 Widener Univ Providence Enterprises Inc One University Place Chester PA 19013 510260604 Inactive PA Widener Univ C Corp 0 0 1.00000 ACNP Corporation One University Place Chester PA 19013 232540747 Restaurant PA Widener Univ C Corp 20147 8969 1.00000 University Technology Park Inc 1350 Edgemont Avenue Suite 1300 Chester PA 19013 233045605 Real Estate PA N/A C Corp -57977 3172496 0.50000 true false false false false false false false true false true false false false false true false false The Widener Partnership Charter School i 750000 The Widener Partnership Charter School k 158490 The Widener Partnership Charter School p 2155153 The Neuropsychology Assessment Center k 9031 The Neuropsychology Assessment Center p 167570