ALVERNIA UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ALVERNIA UNIVERSITY (EIN 23-1522643)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-15
- IRS object ID
- 201110469349301916
- Schema version
- 2009v1.7
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-15T14:12:21-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REINSEL KUNTZ LESHER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 BROADCASTING ROAD PO BOX 7008 | AddressLine1 |
| City | WYOMISSING | City |
| State | PA | State |
| ZIP Code | 196106008 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231522643 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALVERNIA UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALVE | NameControl |
| Phone | 6107968298 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNARDINE STREET | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 19607 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS SMITH | Name |
| Title | VICE PRESIDENT OF FINANCE | Title |
| Phone | 6107968298 | Phone |
| Date Signed | 2011-02-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY S SHAUB | Name |
| Phone | 6103761595 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DOUGLAS SMITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNARDINE STREET | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 19607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 72103267 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 0928 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | www.alvernia.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1958 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | GUIDED BY FRANCISCAN VALUES AND THE IDEAL OF "KNOWLEDGE JOINED WITH LOVE," AND ROOTED IN THE CATHOLIC AND LIBERAL ARTS TRADITIONS, ALVERNIA IS A RIGOROUS, CARING, AND INCLUSIVE LEARNING COMMUNITY COMMITTED TO ADACEMIC EXCELLENCE AND TO BEING AND FOSTERING: BROADLY EDUCATED, LIFE-LONG LEARNERS; REFLECTIVE PROFESSIONALS AND ENGAGED CITIZENS; AND ETHICAL LEADERS WITH MORAL COURAGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 40 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 39 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1145 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | -176763 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -176763 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4303106 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3258793 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 49437308 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 52776759 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -302026 | InvestmentIncomePriorYear |
| Investment Income Current Year | 136850 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 726 | OtherRevenuePriorYear |
| Other Revenue Current Year | -183114 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 53439114 | TotalRevenuePriorYear |
| Total Revenue Current Year | 55989288 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10175547 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10701145 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23337947 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 23670281 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1296919 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17379690 | OtherExpensePriorYear |
| Other Expenses Current Year | 17449108 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 50893184 | TotalExpensesPriorYear |
| Total Expenses Current Year | 51820534 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2545930 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4168754 | RevenuesLessExpensesCY |
| Total Assets BOY | 86712265 | TotalAssetsBOY |
| Total Assets EOY | 93699097 | TotalAssetsEOY |
| Total Liabilities BOY | 51939599 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 53945413 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 34772666 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 39753684 | NetAssetsOrFundBalancesEOY |
| Mission Description | GUIDED BY FRANCISCAN VALUES AND THE IDEAL OF "KNOWLEDGE JOINED WITH LOVE," AND ROOTED IN THE CATHOLIC AND LIBERAL ARTS TRADITIONS, ALVERNIA IS A RIGOROUS, CARING, AND INCLUSIVE LEARNING COMMUNITY COMMITTED TO ADACEMIC EXCELLENCE AND TO BEING AND FOSTERING: BROADLY EDUCATED, LIFE-LONG LEARNERS; REFLECTIVE PROFESSIONALS AND ENGAGED CITIZENS; AND ETHICAL LEADERS WITH MORAL COURAGE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 42013464 | Expense |
| Grants | 10701145 | Grants |
| Revenue | 52822949 | Revenue |
| Description | CONDUCT, OPERATE AND MAINTAIN A COLLEGE FOR THE EDUCATION, TRAINING AND SPIRITUAL GUIDANCE OF MEN AND WOMEN, WITH THE POWER TO CONFER UPON STUDENTS, WHO HAVE SUCCESSFULLY COMPLETED THE REQUIRED COURSES, THE DEGREE OF BACHELOR OF ARTS AND THE DEGREE OF BACHELOR OF SCIENCE, AND SUCH OTHER DEGREES AS MAY BE APPROVED AND AUTHORIZED BY THE DEPARTMENT OF EDUCATION OF THE COMMONWEALTH OF PENNSYLVANIA. THE COLLEGE HAS APPROXIMATELY 3,000 STUDENTS, INCLUDING UNDERGRADUATES, GRADUATES, AND PHD STUDENTS. APPROXIMATELY 40% OF THE FULL-TIME UNDERGRADUATE STUDENTS COME FROM BERKS COUNTY, PA, 50% FROM OTHER PENNSYLVANIA AREAS, AND 10% FROM OTHER STATES AND COUNTRIES. | Description |
| Total Program Service Expense | 42013464 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | 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 | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 49 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1145 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 40 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 39 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | 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 | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DOUGLAS F SMITH | NamePerson |
| Telephone Number | 6107965600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 SAINT BERNArDINE STREET | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 19607 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (47 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| KATHLEEN HERBEIN | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| ALFRED J WEBER | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| SISTER DANIELLE MARIE KU | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| JAMES S BOSCOV | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD A PURCELL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CARL G ANDERSON JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JONATHAN ENCARNACION | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| REV THOMAS F GLEESON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SISTER MADONNA MARIE HAR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SISTER MARY MARGARET JAC | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOANNE M JUDGE ESQ | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEVEN S KEISER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT J MCCORMACK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SISTER ROBERTA AGNES MCK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THE HONORABLE MICHAEL O' | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM F SCHOLLINS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KEVIN F STCYR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES C SWEENEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| LAWRENCE M THOMPSON JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SUNIL Y WIDGE PHD | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SISTER SHAUN KATHLEEN WI | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CATHERINE D WRIGHT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| FRANCES AITKEN CPA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHELLE DAVIS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL FROMM | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CAROL HINDS PHD | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KATHLEEN KLEPPINGER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS W MARTELL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DEANNA REUBEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOHN D WANNER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SISTER MARGARET CARNEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KEVIN GEORGETTI ESQ | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| GERALD A NAU | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DON SCHALK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JUDITH SCHWANK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CARL STAPLES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM H COMBS III | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MOST REV JOHN O BARRES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEVE ELMARZOUKY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL A MULLEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS F FLYNN PHD | ||||||||
| PRESIDENT | 37.50 | X | 256939 | 0 | 49315 | |||
| thoMAS F FLYNN PHD | ||||||||
| preSIDENT | 37.50 | X | 30680 | 0 | 0 | |||
| thomAS F FLYNN PHD | ||||||||
| pRESIDENT | 37.50 | X | 51939 | 0 | 0 | |||
| SHIRLEY J WILLIAMS PHD | ||||||||
| PROVOST | 37.50 | 143649 | 0 | 25229 | X | |||
| MICHAEL PRESSIMONE | ||||||||
| VP OF ADVANCEMENT | 37.50 | 156124 | 0 | 41341 | X | |||
| DOUGLAS F SMITH | ||||||||
| VP FINANCE | 37.50 | 146048 | 0 | 51287 | X | |||
| JOHN MCCLOSKEY | ||||||||
| VP OF ENROLLMENT | 37.50 | 103382 | 0 | 21880 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 888761 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 189052 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | 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 |
|---|---|---|---|---|---|
| ASSOCIATE CONSTRUCTION | |||||
| 1003 MORGANTOWN ROAD | SHILLINGTON | PA | 196079519 | CONSTRUCTION | 8041161 |
| AETNA | |||||
| PO BOX 88860 | CHICAGO | IL | 606951860 | HEALTH INSURANCE | 4495485 |
| ALADDIN | |||||
| PO BOX 17506 | BALTIMORE | MD | 212971506 | FOOD SERVICE VENDOR | 4025488 |
| BURKEY CONSTRUCTION | |||||
| 506 MORGANTOWN ROAD | READING | PA | 19611 | CONSTRUCTION | 2998963 |
| NATIONAL PENN BANK | |||||
| PO BOX 212 | READING | PA | 19603 | BANKING SERVICES, LOAN | 1897659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 60 | NumberOfContractorsGT100K |
| Fundraising Events | 27313 | FundraisingEvents |
| Government Grants | 806217 | GovernmentGrants |
| All Other Contributions | 2425263 | AllOtherContributions |
| Noncash Contributions | 1545092 | NoncashContributions |
| Total Contributions | 3258793 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 46267895 | 46267895 |
| AUXILIARY ENTERPRISES | 611710 | 6508864 | 6508864 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 52776759 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 429555 | TotalRevenueColumn |
| Exclusion | $429,555 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 56908 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 207502 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -150594 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -150594 | TotalRevenueColumn |
| Unrelated Business Revenue | -150594 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15424673 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15717378 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -292705 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -292705 | TotalRevenueColumn |
| Exclusion | -$292,705 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 27990 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 27313 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 34341 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6351 | TotalRevenueColumn |
| Exclusion | -$6,351 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 128589 | GrossSalesOfInventory |
| Cost Of Goods Sold | 154758 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -26169 | TotalRevenueColumn |
| Unrelated Business Revenue | -26169 | UnrelatedBusinessRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 55989288 | TotalRevenueColumn |
| Related Or Exempt Function Income | 52776759 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -176763 | UnrelatedBusinessRevenue |
| Exclusion | $130,499 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10701145 | Total |
| Program Services | 10701145 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1064807 | Total |
| Program Services | 1064807 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16803730 | Total |
| Program Services | 13560683 | ProgramServices |
| Management And General | 2642448 | ManagementAndGeneral |
| Fundraising | 600599 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1307930 | Total |
| Program Services | 1053046 | ProgramServices |
| Management And General | 208514 | ManagementAndGeneral |
| Fundraising | 46370 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4493814 | Total |
| Program Services | 3526168 | ProgramServices |
| Management And General | 801188 | ManagementAndGeneral |
| Fundraising | 166458 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159838 | Total |
| Management And General | 159838 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71327 | Total |
| Management And General | 71327 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120000 | Total |
| Management And General | 120000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97491 | Total |
| Management And General | 97491 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 368573 | Total |
| Program Services | 260899 | ProgramServices |
| Management And General | 57786 | ManagementAndGeneral |
| Fundraising | 49888 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1415492 | Total |
| Program Services | 1092344 | ProgramServices |
| Management And General | 266773 | ManagementAndGeneral |
| Fundraising | 56375 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 386406 | Total |
| Program Services | 187223 | ProgramServices |
| Management And General | 199183 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2175979 | Total |
| Program Services | 1673474 | ProgramServices |
| Management And General | 480375 | ManagementAndGeneral |
| Fundraising | 22130 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 849344 | Total |
| Program Services | 108170 | ProgramServices |
| Management And General | 740318 | ManagementAndGeneral |
| Fundraising | 856 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171612 | Total |
| Program Services | 155838 | ProgramServices |
| Management And General | 14761 | ManagementAndGeneral |
| Fundraising | 1013 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1810306 | Total |
| Program Services | 1671279 | ProgramServices |
| Management And General | 117138 | ManagementAndGeneral |
| Fundraising | 21889 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3085055 | Total |
| Program Services | 2854982 | ProgramServices |
| Management And General | 193849 | ManagementAndGeneral |
| Fundraising | 36224 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224279 | Total |
| Program Services | 209376 | ProgramServices |
| Management And General | 12557 | ManagementAndGeneral |
| Fundraising | 2346 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACTED SERVICES | 3450917 | 2363502 | 1066078 | 21337 |
| bAD DEBTS | 817024 | 261781 | 555243 | |
| MISCELLANEOUS EXPENSE | 509219 | 231509 | 207391 | 70319 |
| equipment and equipment | 391228 | 364956 | 22882 | 3390 |
| cATERING | 305797 | 172716 | 122706 | 10375 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1039221 | Total |
| Program Services | 499566 | ProgramServices |
| Management And General | 352305 | ManagementAndGeneral |
| Fundraising | 187350 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51820534 | Total |
| Program Services | 42013464 | ProgramServices |
| Management And General | 8510151 | ManagementAndGeneral |
| Fundraising | 1296919 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 885163 | BOY |
| EOY | 589058 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4194640 | BOY |
| EOY | 2967552 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1592945 | BOY |
| EOY | 1653293 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 714962 | BOY |
| EOY | 696032 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 262500 | BOY |
| EOY | 242509 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 101678612 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 28849456 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65688963 | BOY |
| EOY | 72829156 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11014955 | BOY |
| EOY | 11717265 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1937125 | BOY |
| EOY | 2630405 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 421012 | BOY |
| EOY | 373827 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86712265 | BOY |
| EOY | 93699097 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7985629 | BOY |
| EOY | 3610768 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42166715 | BOY |
| EOY | 44048469 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3471905 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 939274 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1787255 | BOY |
| EOY | 1874997 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51939599 | BOY |
| EOY | 53945413 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25450324 | BOY |
| EOY | 30243587 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3158679 | BOY |
| EOY | 2732154 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6163663 | BOY |
| EOY | 6777943 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34772666 | BOY |
| EOY | 39753684 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86712265 | BOY |
| EOY | 93699097 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | FederalGrantAuditRequired |
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) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $120,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 120000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | ALVERNIA WORKS WITH AN ORGANIZATION THAT HELPS THE UNIVERSITY TO OBTAIN EARMARKS THROUGH THE FEDERATION APPROPRIATIONS PROCESS. THIS ORGANIZATION ALSO HAS A GRANT DEPARTMENT THAT WORKS WITH ALVERNIA UNIVERSITY TO SEARCH FOR FUNDING SOURCES FROM PRIVATE FOUNDATIONS AND GOVERNMENT AGENCIES. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12952472 | BeginningOfYearBalance |
| Contributions | 887655 | Contributions |
| Investment Earnings Or Losses | 957548 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 186750 | GrantsOrScholarships |
| Other Expenditures | 8292 | OtherExpenditures |
| Administrative Expenses | 97491 | AdministrativeExpenses |
| End Of Year Balance | 14505142 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14428519 | BeginningOfYearBalance |
| Contributions | 1122759 | Contributions |
| Investment Earnings Or Losses | -1798098 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 233381 | GrantsOrScholarships |
| Other Expenditures | 475000 | OtherExpenditures |
| Administrative Expenses | 92327 | AdministrativeExpenses |
| End Of Year Balance | 12952472 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.62020 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.36940 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01040 | 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 | 4015986 | OtherCostOrOtherBasis |
| Book Value | 4015986 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 83272215 | OtherCostOrOtherBasis |
| Depreciation | 20083879 | Depreciation |
| Book Value | 63188336 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12922460 | OtherCostOrOtherBasis |
| Depreciation | 8765577 | Depreciation |
| Book Value | 4156883 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1467951 | OtherCostOrOtherBasis |
| Book Value | 1467951 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 72829156 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| AGENCY FUNDS | $740,956 |
| FEDERAL LOAN PROGRAM ADVANCES | $486,672 |
| STUDENT DEPOSITS | $647,369 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1874997 | TotalOfAmounts |
| Total Revenue | 55989288 | TotalRevenue |
| Total Expenses | 51820534 | TotalExpenses |
| Excess Or Deficit For Year | 4168754 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 812264 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 812264 | TotalAdjustments |
| Excess Or Deficit Per FS | 4981018 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 46498223 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 812264 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 3500 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 394316 | OtherRevenues |
| Revenue Not Rptd F990 | 1210080 | RevenueNotRptdF990 |
| Revenue Subtotal | 45288143 | RevenueSubtotal |
| Other Revenues Not Included | 10701145 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 10701145 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 55989288 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41517205 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 3500 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 394316 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 397816 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41119389 | ExpensesSubtotal |
| Other Expenses Not Included | 10701145 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10701145 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 51820534 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | ALVERNIA UNIVERSITY'S ENDOWMENT FUNDS ARE USED FOR STUDENT SCHOLARSHIPS AND CAPITAL PURCHASES INCLUDING TECHNOLOGY AND DEFERRED MAINTENANCE. |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | As a not-for-profit organization, the University is generally exempt from federal and state income taxes. The University is subject to federal and state income taxes on unrelated business income. The University recognizes penalties and interest accrued related to income tax liabilities in the provision (benefit) for income taxes in its statements of penalties and interest. For the years ended June 30, 2010 and 2009, there were no accruals for the payment of penalties and interest. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The University files tax returns in the U. S. Federal jurisdiction. The University's income tax returns are not subject to examination through the year ended June 30, 2006. |
| Part XII, Line 2d - Other Adjustments: | SPECIAL EVENTS EXPENSE: 154757. FUNDRAISING EVENTS EXPENSE: 34341. unrelated debt financed rental expenses: 205218. | |
| Part XII, Line 4b - Other Adjustments: | STUDENT FINANCIAL AID: 10701145. | |
| Part XIII, Line 2d - Other Adjustments: | SPECIAL EVENTS EXPENSE: 154757. FUNDRAISING EVENTS EXPENSE: 34341. unrelated debt financed rental expenses: 205218. | |
| Part XIII, Line 4b - Other Adjustments: | STUDENT FINANCIAL AID: 10701145. |
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 |
| Pub Via Broadcast Media Expln | THE UNIVERSITY'S POLICY OF NON DISCRIMINATION IS INCLUDED IN ITS "UNIVERSITY CATALOG," FINANCIAL AID LITERATURE, BROCHURES, AND GENERAL ADVERTISING | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | THE UNIVERSITY RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT FROM THE STATE OF PENNSYLVANIA. IT ALSO RECEIVES FUNDS FROM THE FEDERAL DEPARTMENT OF EDUCATION UNDER STUDENT FINANCIAL AID PROGRAMS. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SCHLAGER GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 41190 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 24340 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 16850 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 16717 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 3451 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BASKETBALL GOLF OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 14113 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 2973 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 11140 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 2129 | CashPrizesEvent2 |
| Rent Facility Costs Event2 | 3283 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 1361 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 7399 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 55303 | GrossReceiptsTotal |
| Charitable Contributions Total | 27313 | CharitableContributionsTotal |
| Gross Revenue Total Events | 27990 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 2129 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 20000 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 1361 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 10850 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 34340 | DirectExpenseSummaryEvents |
| Net Income Summary | -6350 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| INSTITUTIONAL DISCOUNTS | 262 | 827766 | FAIR MARKET VALUE |
| INSTITUTIONAL SCHOLARSHIPS | 1464 | 9686629 | FAIR MARKET VALUE |
| ENDOWED SCHOLARSHIPS | 263 | 186750 | FAIR MARKET VALUE |
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: INSTITUTIONAL SCHOLARSHIPS AND DISCOUNTS BY THE FINANCIAL AID OFFICE ARE RECONCILED BY THE ACCOUNTING DEPARTMENT TO VERIFY THE APPROPRIATE AMOUNT WAS CREDITED TO THE CORRECT STUDENT'S ACCOUNT EVERY SEMESTER. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| 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 | 0 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS F FLYNN PHD (base comp) | |||||||||||||
| 256939 | 0 | 0 | 0 | 0 | 0 | 29898 | 0 | 19417 | 0 | 306254 | 0 | 0 | 0 |
| thoMAS F FLYNN PHD (bonus) | |||||||||||||
| 0 | 0 | 30680 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30680 | 0 | 0 | 0 |
| thomAS F FLYNN PHD (housing) | |||||||||||||
| 0 | 0 | 0 | 0 | 51939 | 0 | 0 | 0 | 0 | 0 | 51939 | 0 | 0 | 0 |
| SHIRLEY J WILLIAMS PHD | |||||||||||||
| 143649 | 0 | 0 | 0 | 0 | 0 | 15046 | 0 | 10183 | 0 | 168878 | 0 | 0 | 0 |
| MICHAEL PRESSIMONE | |||||||||||||
| 156124 | 0 | 0 | 0 | 0 | 0 | 16095 | 0 | 25246 | 0 | 197465 | 0 | 0 | 0 |
| DOUGLAS F SMITH | |||||||||||||
| 146048 | 0 | 0 | 0 | 0 | 0 | 15441 | 0 | 35846 | 0 | 197335 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | ALL PAYMENTS EXCEPT HOUSING ALLOWANCE REQUIRE DOCUMENTATION (IE. INVOICE) FOR PAYMENT. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| 2008 REVENUE NOTE SOUTH HEIDELBERG | ||||||
| 364597945 | NONEAVAIL | 2008-12-23 | 10000000 | CONSTRUCTION & CAPITAL RENOVATION | 0 | 0 |
| 2007 REVENUE NOTE SOUTH HEIDELBERG | ||||||
| 364597945 | NONEAVAIL | 2007-12-20 | 10000000 | CONSTRUCTION & CAPITAL RENOVATION | 0 | 0 |
| 2006 A&B REVENUE NOTE REDEVELOPMENT AUTHORITY | ||||||
| 231719387 | NONEAVAIL | 2006-05-17 | 8000000 | CONSTRUCTION & CAPITAL RENOVATION | 0 | 0 |
| 2004 AB & C REVENUE NOTE ROBESON TOWNSHIP | ||||||
| 236844459 | NONEAVAIL | 2004-04-22 | 13645000 | CONSTRUCTION & CAPITAL RENOVATION | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| 10000000 | 1955000 | 88206 | 7956794 | 2011 | 0 | 0 | 0 | 1 |
| 10000000 | 76574 | 9923426 | 2009 | 0 | 0 | 1 | 1 | |
| 8000000 | 75000 | 7925000 | 2009 | 0 | 0 | 1 | 1 | |
| 10000000 | 83101 | 7686320 | 2005 | 0 | 1 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
Name Of Interested Business NameOfInterestedBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNArDINE SISTERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | PRIMARY SPONSOR AND FOUNDERS | RelationshipWithOrganization |
| Amount Of Grant | 402654 | AmountOfGrant |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THIRD FRANCISCAN ORDER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SISTERS ON THE BOARD OF DIRECTORS ARE MEMBERS OF THE THIRD FRANCISCAN ORDER | Relationship |
| Amount Of Transaction | 402654 | AmountOfTransaction |
| Description Of Transaction | ALVERNIA UNIVERSITY WAS FOUNDED BY THE THIRD FRANCISCAN ORDER OF SAINT FRANCIS OF READING, SISTERS ARE COMPENSATED BY THE UNIVERSITY FOR INSTRUCTIONAL AND ADMINISTRATIVE SERVICES. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 21410 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 13059 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1500000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | MISCELLANEOUS SMALL GIFTS | Description |
| Number Of Contributions | 49 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10623 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Third Party Use: | Identifier |
| Return Reference | Part I, Line 32b: | ReturnReference |
| Explanation | CONNORS INVESTOR SERVICES IS AN INVESTMENT ADVISOR FOR NON-CASH stock CONTRIBUTIONS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 3 | THE UNIVERSITY OUTSOURCES ALL HUMAN RESOURCES FUNCTIONS. |
| Form 990, Part VI, Section B, line 11 | A DRAFT OF THE FORM 990 IS PRESENTED TO THE ADMINISTRATION FOR REVIEW AND DISCUSSION. ITEMS THAT NEED CLARIFICATION ARE THEN DISCUSSED WITH MANAGEMENT AND THE UNIVERSITY'S TAX ADVISORS/LEGAL COUNSEL. ONCE ITEMS ARE CLARIFIED AND ANSWERED, THE DRAFT FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE WHERE THERE IS A DISCUSSION OF THE ENTIRE FORM, QUESTIONS ANSWERED, AND A VOTE TO APPROVE IS CAST. ONCE THE AUDIT COMMITTEE HAS APPROVED THE RETURN, THE FULL BOARD IS GIVEN ACCESS TO A SECURED FILE. |
| Form 990, Part VI, Section B, line 12c | ANNUALLY THE BOARD OF TRUSTEES IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. |
| Form 990, Part VI, Section B, line 15 | ALVERNIA ENGAGES COMPENSATION CONSULTANTS (YAFFE & CO.) TO REVIEW NATIONAL COMPENSATION TRENDS AND MONITORS COMPENSATION AT OUR PEER INSTITUTIONS. THIS INCLUDES UTILIZING NATIONAL SURVEYS AND DATA BASES AS WELL AS THE CONSULTANTS PROPRIETARY SURVEYS AND SPECIFIC REVIEW OF IRS FORM 990S OF PEERS. THE CONSULTANT SERVES AS AN ADVISOR TO THE PRESIDENTIAL COMPENSATION SUB-COMMITTEE (BOARD CHAIR, VICE CHAIR, AND CHAIR OF FINANCE & BUSINESS AFFAIRS COMMITTEE). THE COMPENSATION COMMITTEE MAKES ITS RECOMMENDATION TO THE BOARD OF TRUSTEES. THE PRESIDENT'S PERFORMANCE IS REVIEWED BY THE BOARD OF TRUSTEES IN EXECUTIVE SESSION ANNUALLY. THE UNIVERSITY ALSO USES THE SAME CONSULTING FIRM TO REVIEW VICE PRESIDENT'S COMPENSATION. SIMILAR COMPARISONS ARE MADE TO SURVEYS AND PEER GROUPS AS DISCUSSED ABOVE. RECOMMENDATIONS ARE THEN MADE TO THE PRESIDENT. VICE PRESIDENT'S SALARIES ARE THEN ALSO REVIEWED BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section C, line 19 | THE UNIVERSITY PROVIDES THE ABOVE DOCUMENTS TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 2C | THE ORGANIZATION'S PROCESS FOR APPROVING FINANCIAL STATEMENTS HAS NOT CHANGED FROM PRIOR YEARS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARDINE SISTERS OF THE THIRD ORDER OF SAINT FRANCIS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 460 ST BERNARDINE STREET | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 19607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231691743 | EIN |
| Primary Activities | RELIGIOUS ORDER | PrimaryActivities |
| Legal Domicile State | PA | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 1 | PublicCharityStatus |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |