2011-03-03T16:28:24-06:00 2010-06-30 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2009-07-01 230973290 PHILADELPHIA BIBLICAL UNIVERSITY PHIL 2157525800 200 MANOR AVENUE LANGHORNE PA 190472990 JAN M HAAS 2157525800 2011-03-03 1 MARTIN MAUCH 2159798800 2011-03-03 2009 2016-02-24 21:20:13Z TODD J WILLIAMS 200 MANOR AVENUE LANGHORNE PA 190472990 44029586 0 X WWW.PBU.EDU X 1913 PA TO PROVIDE HIGHER EDUCATION TO ANY STUDENT INTERESTED IN PROGRAMS OF BIBLE, EDUCATION, MUSIC, SOCIAL WORK, AND BUSINESS. 24 21 793 20 0 0 3744393 3027862 24605591 25158641 105055 344461 -340279 872628 28114760 29403592 7093409 7039042 0 12255776 11589183 34499 30414 721870 8714565 8790007 28098249 27448646 16511 1954946 46770373 49225668 17063147 16694439 29707226 32531229 TO EDUCATE STUDENTS TO SERVE CHRIST IN THE CHURCH, SOCIETY, AND THE WORLD AS BIBLICALLY MINDED, WELL-EDUCATED, AND PROFESSIONALLY COMPETENT MEN AND WOMEN OF CHARACTER. 0 0 19219498 7039042 25158641 EDUCATION OF STUDENTS 2655355 FEEDING & HOUSING OF STUDENTS 21874853 1 1 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 99 0 1 793 1 0 0 0 0 0 1 1 0 1 24 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X JEFF EUBANK CONTROLLER 2157024202 200 MANOR AVENUE LANGHORNE PA 190472990 TODD J WILLIAMS 45.00 X X 142773 0 9767 G PATRICK STILLMAN 2.00 X X 0 0 0 MARGERY M SCANLIN 2.00 X X 0 0 0 S ERIC BEATTIE 2.00 X 0 0 0 J HARDIN BOYER 2.00 X 0 0 0 EDGAR N BRIGHTBILL 2.00 X 0 0 0 ELIZABETH MASON GIVENS 2.00 X 0 0 0 BETTY JANE HESS 2.00 X 0 0 0 LEE W HIMMELMANN 2.00 X 0 0 0 JOHN W SCHEFLEN 2.00 X X 0 0 0 DAVID WILLARD 2.00 X 0 0 0 CLARENCE E LOCKETT 2.00 X 0 0 0 JEAN S MACFADYEN 2.00 X 0 0 0 JACK MUEHLHAN JR 2.00 X 0 0 0 PAMELA J OKADA 2.00 X 0 0 0 ROBERT M REID 2.00 X 0 0 0 GEORGE NICHOLS 2.00 X 0 0 0 WINFIELD H KEMPF 2.00 X 0 0 0 STEPHEN K SMITH 2.00 X 0 0 0 FREDERICK W STEUDLER JR 2.00 X 0 0 0 EDWARD STILLMAN 2.00 X 0 0 0 MELVIN C NACE 2.00 X 0 0 0 ROBERT H STRATON 2.00 X 0 0 0 H SCOTT TROTTER 2.00 X 0 0 0 JAN M HAAS 45.00 X 111342 0 15258 SCOTT A KEATING 45.00 X 105985 0 12856 360100 0 37881 3 0 1 0 PIONEER COLLEGE CATERERS INC C/O PBU 200 MANOR AVENUE LANGHORNE PA 19047 FOOD SERVICE 1088167 KEYSTONE HEALTH PLAN EAST PO BOX 70250 PHILADELPHIA PA 191760250 HEALTH CARE 1053716 HIGH CONSTRUCTION COMPANY 1853 WILLIAM PENN WAY LANCASTER PA 17601 CONSTRUCTION 697233 PECO PO BOX 7888 PHILADELPHIA PA 19162 ELECTRICAL AND GAS 580899 GCA SERVICES GROUP PO BOX 643823 PITTSBURGH PA 152643823 JANITORIAL 397387 17 22746 364761 2640355 3027862 Tuition and Fees 900099 20292016 20292016 Auxiliary Enterprises 900099 4866625 4866625 25158641 311269 311269 67460 67460 67460 67460 14638593 14605401 33192 33192 33192 11979 22746 20593 -8614 -8614 Other Revenue 900099 671757 671757 Change in Value of Lif 900099 211007 211007 Change in Value of Ann 900099 -68982 -68982 813782 29403592 25158641 0 1217089 6926050 6926050 112992 112992 289157 201807 87350 9189373 6080826 2631999 476548 337775 223518 96747 17510 1101515 763779 330591 7145 671363 444923 192579 33861 473987 473987 1909 1909 36750 31800 4950 30414 30414 104010 64026 39984 1010939 896120 69379 45440 376539 339676 25567 11296 1679653 1540255 115933 23465 265175 219680 17086 28409 497884 497884 249152 249152 1754237 1625000 126389 2848 231232 231232 FOOD SERVICE 1201830 1115100 86730 STUDENT PROGRAMS AND AC 716791 665064 51727 VEHICLE REPAIRS AND EXP 109040 101171 7869 PROFESSIONAL MEMBERSHIP 80879 80879 27448646 21874853 4851923 721870 781813 815967 425303 394145 341019 328774 51176770 20707165 30227520 30469605 1705481 1801326 13289237 15415851 46770373 49225668 1091613 1674727 930028 954065 12178894 11333390 2862612 2732257 17063147 16694439 X 17371678 19658642 5185229 5874008 7150319 6998579 29707226 32531229 46770373 49225668 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7966945 252752 853134 998168 8074663 8693191 1247548 -1410479 563315 7966945 0.05450 0.86670 0.07880 0 0 2102148 2102148 38173510 12308388 25865122 8299768 6701418 1598350 2601344 1697359 903985 30469605 Assets Held in Trust By Affiliate 15415851 15415851 Student Deposits 187944 Annuities Payable 1986706 Accrued Pension Plan 557607 2732257 1 1 1 THE NONDISCRIMINATION POLICY IS PUBLISHED IN ADVERTISING FOR THE INSTITUTION. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY PERIODICALLY RECEIVES GRANTS AND AID FROM VARIOUS GOVERNMENTAL AGENCIES FOR USE IN THE EDUCATIONAL PROCESS. 1 1 Europe (Including Iceland and Greenland) 1 5 PROGRAM SERVICES GRADUATE EDUCATION 98712 East Asia and the Pacific 1 5 PROGRAM SERVICES GRADUATE EDUCATION 71499 2 10 170211 SCHOLARSHIPS Europe (Including Iceland and Greenland) 26 70151 CREDITED SCHOLARSHIPS East Asia and the Pacific 17 42841 CREDITED Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: GRANTS ARE BASED ON NEED AS DETERMINED BY THE FINANCIAL AID OFFICE AND THE DEAN OF THE EDUCATION DEPARTMENT. X X X X X X 1 THE TIMOTHY GROUP FEASIBILITY STUDY 0 0 30414 0 30414 FL NJ PA GOLF OUTING 34725 22746 11979 1539 16649 3005 34725 22746 11979 1539 16649 3005 21193 -9214 1 SCHOLARSHIPS 1046 6926050 0 0 0 0 0 0 0 0 0 TODD J WILLIAMS 142773 0 0 0 0 0 0 0 9767 0 152540 0 0 0 Borough of Langhorne Manor Higher Education & Health Authority 232581246 515741EJ1 2005-04-01 7400000 Purchase and renovate dormitories. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section A, line 2 THE FOLLOWING TRUSTEES ARE PARTNERS IN 102 E FAIRVIEW LLC - A REAL ESTATE RENTAL PATNERSHIP WHICH DOES BUSINESS WITH THE ORGANIZATION : EDGAR N. BRIGHTBILL JACK MUEHLHAN, JR. MELVIN C. NACE JOHN W. SCHEFLEN AND G. PATRICK STILLMAN. Form 990, Part VI, Section B, line 11 The organization has provided the Form 990 to each board member for their review and also provided time for any questions/comments prior to filing the Form with the IRS. Form 990, Part VI, Section B, line 12c The University follows Policy # 5505-13 "Conflict of Interest", a 3-page document outlining the requirements of board members with reference to any conflict of interest. Each member of the Board of Trustees and the Senior Vice Presidents shall annually submit to the Office of the President a statement identifying any financial interest. Form 990, Part VI, Section B, line 15 Compensation of the President and Vice Presidents is determined under University policy # 5505-14, "Executive Compensation". The Governance Committee shall obtain annually an independent survey of compensation paid by other similar educational institutions to their executive officers. The Governance Committee may engage an independent compensation consultant to assist it to obtain and evaluate the compensation survey or may obtain assistance from Human Resources. The Governance Committee shall communicate its recommendation to the Board of Trustees in the fall to be effective January 1 of the following year. The Governance Committee shall base its recommendation on the independent compensation survey and the annual performance evaluation of the President and shall communicate the basis of its recommendation to the Board of Trustees. The Board of Trustees shall determine the compensation of the President. Form 990, Part VI, Section C, line 18 By University Policy # 5512-09 regarding "Public Inspection of the IRS Form 990", the University will provide by mail, fax or email a copy of the 990 upon request to the Controller's office. Form 990, Part VI, Section C, line 19 The University has prepared these documents and they are available upon request to the Controller's office. PART XI, LINE 2C AUDIT COMMITTEE AND SELECTION OF INDEPENDENT ACCOUNTANT THE PROCESS BY WHICH THE ORGANIZATION APPOINTS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE REGENCY FOUNDATION 200 MANOR AVE LANGHORNE PA 19047 232795443 FINANCIAL PLANNING PA 501C(3) 11A 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 THE REGENCY FOUNDATION I 14909 THE REGENCY FOUNDATION Q 249152