DELAWARE VALLEY UNIVERSITY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE VALLEY UNIVERSITY (EIN 23-1352665)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-13
- IRS object ID
- 202601339349307520
- Schema version
- 2024v5.5
- 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 D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-13T16:38:06-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO INTERNATIONAL PLACE 22ND FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE VALLEY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DELA | BusinessNameControlTxt |
| Phone | 2154892251 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 189012607 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES EDWARD COOPER | PersonNm |
| Person Title | VP OF FINANCE & ADMINISTRATION | PersonTitleTxt |
| Phone | 2154892251 | PhoneNum |
| Signature | 2026-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2026-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BENJAMIN RUSILOSKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 189012607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $111,081,274 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DELVAL.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1896 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | A PRIVATE FOUR-YEAR UNIVERSITY PROVIDING HIGHER EDUCATION TO INDIVIDUALS SEEKING ADVANCEMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 1305 | TotalEmployeeCnt |
| Total Volunteers | 125 | TotalVolunteersCnt |
| Total Gross UBI | -$436 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,827,148 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,869,690 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $77,564,504 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $93,667,244 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,327,106 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,675,915 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,854,869 | PYOtherRevenueAmt |
| CY Other Revenue | $1,600,941 | CYOtherRevenueAmt |
| PY Total Revenue | $100,573,627 | PYTotalRevenueAmt |
| CY Total Revenue | $105,813,790 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $39,733,174 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $40,584,994 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $34,999,802 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,479,228 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,113,549 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $27,779,192 | PYOtherExpensesAmt |
| CY Other Expenses | $27,114,170 | CYOtherExpensesAmt |
| PY Total Expenses | $102,512,168 | PYTotalExpensesAmt |
| CY Total Expenses | $102,178,392 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,938,541 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,635,398 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $114,134,488 | TotalAssetsBOYAmt |
| Total Assets EOY | $114,802,260 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $46,697,813 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,249,572 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $67,436,675 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $72,552,688 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O.WE ARE INSPIRED BY THE IDEALS OF OUR FOUNDER WHO, IN 1896, EMPHASIZED RESPECT FOR ALL PEOPLE AND IDEAS, WHO HONORED KNOWLEDGE WITH PRACTICE, PROGRESS AND THE COMMON GOOD. OUR HISTORICAL COMMITMENT TO EXPERIENTIAL LEARNING INTEGRATES THEORY AND PRACTICE AND PREPARES UNDERGRADUATE AND GRADUATE STUDENTS TO MEET THE CHALLENGES OF A COMPLEX GLOBAL ENVIRONMENT AND TO ENGAGE IN LIFELONG LEARNING. WE PROVIDE STUDENTS WITH THE REQUISITE SKILLS AND A SPIRIT OF INQUIRY THAT ENRICH AND INFORM THEIR LIVES, PREPARE THEM TO PURSUE MEANINGFUL CAREERS, AND FULFILL SOCIETAL, COMMUNITY AND FAMILY RESPONSIBILITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $89,810,599 | ExpenseAmt |
| Grant | $40,584,994 | GrantAmt |
| Revenue | $94,266,028 | RevenueAmt |
| Desc | DELAWARE VALLEY UNIVERSITY (THE UNIVERSITY) IS A PRIVATE COEDUCATIONAL FOUR-YEAR INSTITUTION LOCATED IN DOYLESTOWN, BUCKS COUNTY, PENNSYLVANIA. THE UNIVERSITY WAS FOUNDED IN 1896 AND CURRENTLY ENROLLS JUST UNDER 1,600 FULL-TIME UNDERGRADUATE STUDENTS. THE UNIVERSITY'S FOCUS IS EXPERIENTIAL EDUCATION IN THE AREAS OF HIGH-SCIENCE AGRICULTURE, BIOLOGICAL AND PHYSICAL SCIENCES, LIBERAL ARTS, TEACHER EDUCATION AND BUSINESS. IN ADDITION TO 29 FULL-TIME UNDERGRADUATE DEGREE PROGRAMS, THE UNIVERSITY OFFERS ASSOCIATE OF SCIENCE DEGREE PROGRAMS AND CONTINUING AND PROFESSIONAL STUDIES PROGRAMS INCLUDING EVENING AND SUMMER SESSIONS. THE UNIVERSITY OFFERS GRADUATE DEGREES: A MASTER OF SCIENCE DEGREE IN EDUCATIONAL LEADERSHIP, A MASTER OF SCIENCE IN SPECIAL EDUCATION, A MASTER OF SCIENCE IN TEACHING AND LEARNING, A MASTER OF ARTS IN CRIMINAL JUSTICE, A MASTER OF BUSINESS ADMINISTRATION WITH VARIOUS SPECIALIZATIONS, A MASTER OF ARTS IN COUNSELING PSYCHOLOGY, A MASTER OF SCIENCE IN AGRIBUSINESS MANAGEMENT, A MASTER OF HEALTHCARE ADMINISTRATION, A MASTER OF ARTS IN MANAGEMENT AND ORGANIZATIONAL LEADERSHIP, A MASTER OF SCIENCE IN PHYSICIAN ASSISTANT STUDIES, A MASTER OF SCIENCE IN SPEECH-LANGUAGE PATHOLOGY, AND A DOCTORATE OF EDUCATION IN EDUCATIONAL LEADERSHIP. THE UNIVERSITY ALSO OFFERS MORE THAN 20 GRADUATE CERTIFICATE PROGRAMS ACROSS MULTIPLE DISCIPLINES. | Desc |
| Total Program Service Expenses | $89,810,599 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 148 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1305 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANE WANG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2154892251 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 EAST BUTLER AVENUE | AddressLine1Txt |
| City | DOYLESTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| BENJAMIN RUSILOSKI | ||||||||
| PRESIDENT | 55.00 | 0.00 | Yes (X) | $423,807 | $0 | $35,254 | ||
| GLORIA ABIMBOLA OIKELOME | ||||||||
| PROVOST & VP OF ACADEMIC AFFAIRS | 55.00 | 0.00 | $237,759 | $0 | $42,829 | Yes (X) | ||
| JAMES EDWARD COOPER | ||||||||
| VP OF FINANCE AND ADMINISTRATION | 55.00 | 0.00 | Yes (X) | $213,127 | $0 | $26,409 | ||
| STEPHEN JOHN RIEKS | ||||||||
| CHIEF INFORMATION OFFICER | 55.00 | 0.00 | $193,752 | $0 | $35,682 | Yes (X) | ||
| BROC ALAN SANDELIN - DEAN OF | ||||||||
| AGRICULTURE & ENVIRONMENTAL SCIENCE | 55.00 | 0.00 | $187,684 | $0 | $34,256 | Yes (X) | ||
| JOSEPH THOMAS FIOCHETTA | ||||||||
| VP OF DEVELOPMENT & ALUMNI AFFAIRS | 55.00 | 0.00 | $202,824 | $0 | $18,550 | Yes (X) | ||
| KATHRYN MARY PAYNE | ||||||||
| VP OF ENROLLMENT MANAGEMENT | 55.00 | 0.00 | $204,696 | $0 | $16,214 | Yes (X) | ||
| ANDREW DOUGHERTY | ||||||||
| CHAIR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| HAKIM RICHARD SAVOY | ||||||||
| VICE-CHAIR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JIMMY CHEEK | ||||||||
| SECRETARY | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOY LEVY | ||||||||
| TREASURER | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| FRANCIE BABIK | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| CELINA BURGUENO | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| NEIL CLOVER | ||||||||
| TRUSTEE AS OF NOV 2024 | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| THOMAS DEBROWSKI | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| RICHARD FINKEL | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| LOUIS HEGYES | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| KENNETH LIPTON | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| PHILIP LUCCARELLI | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| CAM MAIO | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| JONATHAN MANDELL | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| KYLE MCAULIFFE | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| KELLIE MCGOWAN | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| BLAIR RUSH | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| AMY LEENHOUTS TAIT | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| GARY ULRICH | ||||||||
| TRUSTEE | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| JUN IWATA | ||||||||
| TRUSTEE TO AUG 2024 | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| JEFF MARSHALL | ||||||||
| TRUSTEE TO JUN 2025 | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| JULIA WILLIAMS | ||||||||
| TRUSTEE TO JUL 2024 | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,663,649 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $209,194 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 60 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EAT 'N PARK HOSPITALITY GROUP INC DBA | |||||
| PO BOX 644091 | PITTSBURGH | PA | 152644901 | FOOD SERVICES | $5,391,039 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 191828854 | SECURITY SERVICES | $802,701 |
| INDEPENDENCE PROPERTY SERVICES LLC | |||||
| PO BOX 936640 | ATLANTA | GA | 311936640 | SNOW REMOVAL AND LAWN CARE SERVICES | $647,593 |
| BALLARD SPAHR LLP | |||||
| PO BOX 825470 | PHILADELPHIA | PA | 191825470 | LEGAL SERVICES | $451,364 |
| PERKIOMEN MOTORCOACH LLC | |||||
| 875 MAIN STREET | PENNSBURG | PA | 18073 | TRANSPORTATION SERVICES | $241,739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,077,108 | GovernmentGrantsAmt |
| All Other Contributions | $6,792,582 | AllOtherContributionsAmt |
| Noncash Contributions | $1,195,700 | NoncashContributionsAmt |
| Total Contributions | $7,869,690 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $78,726,358 | $78,726,358 |
| DINING SERVICE REVENUE | 722210 | $7,882,505 | $7,882,505 |
| RESIDENCE HALLS REVENUE | 611310 | $7,058,381 | $7,058,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $93,667,244 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,322,726 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$436 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,323,162 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,620,673 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,267,484 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,353,189 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,353,189 | TotalRevenueColumnAmt |
| Exclusion | $1,353,189 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRODUCTION UNITS FARM INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $598,784 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $598,784 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,002,157 | TotalRevenueColumnAmt |
| Exclusion | $1,002,157 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,600,941 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,813,790 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $94,266,028 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$436 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,678,508 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,584,994 | TotalAmt |
| Program Services | $40,584,994 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $675,391 | TotalAmt |
| Management And General | $675,391 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,554,606 | TotalAmt |
| Program Services | $20,500,996 | ProgramServicesAmt |
| Management And General | $5,345,209 | ManagementAndGeneralAmt |
| Fundraising | $708,401 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,381,927 | TotalAmt |
| Program Services | $1,066,891 | ProgramServicesAmt |
| Management And General | $278,170 | ManagementAndGeneralAmt |
| Fundraising | $36,866 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,945,427 | TotalAmt |
| Program Services | $3,047,626 | ProgramServicesAmt |
| Management And General | $792,548 | ManagementAndGeneralAmt |
| Fundraising | $105,253 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,921,877 | TotalAmt |
| Program Services | $1,452,710 | ProgramServicesAmt |
| Management And General | $418,969 | ManagementAndGeneralAmt |
| Fundraising | $50,198 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,777 | TotalAmt |
| Management And General | $545,777 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,549 | TotalAmt |
| Management And General | $133,549 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,427 | TotalAmt |
| Management And General | $146,427 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,002,562 | TotalAmt |
| Program Services | $3,546,514 | ProgramServicesAmt |
| Management And General | $1,362,521 | ManagementAndGeneralAmt |
| Fundraising | $93,527 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,657 | TotalAmt |
| Program Services | $502,329 | ProgramServicesAmt |
| Management And General | $21,328 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,366,881 | TotalAmt |
| Program Services | $852,860 | ProgramServicesAmt |
| Management And General | $443,421 | ManagementAndGeneralAmt |
| Fundraising | $70,600 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $786,612 | TotalAmt |
| Program Services | $609,609 | ProgramServicesAmt |
| Management And General | $177,003 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,657,778 | TotalAmt |
| Program Services | $1,657,778 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,243 | TotalAmt |
| Program Services | $381,450 | ProgramServicesAmt |
| Management And General | $113,937 | ManagementAndGeneralAmt |
| Fundraising | $3,856 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,013 | TotalAmt |
| Program Services | $31,677 | ProgramServicesAmt |
| Management And General | $11,336 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,584,131 | TotalAmt |
| Program Services | $1,584,131 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,280,041 | TotalAmt |
| Program Services | $3,861,612 | ProgramServicesAmt |
| Management And General | $418,429 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $688,914 | TotalAmt |
| Program Services | $688,914 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEALS | $5,030,612 | $5,018,049 | $10,226 | $2,337 |
| FARMING & LIVESTOCK | $1,065,441 | $1,065,441 | ||
| REPAIRS | $803,184 | $744,955 | $58,229 | |
| RENTAL/OPERATING LEASES | $430,469 | $408,713 | $21,756 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,525,879 | TotalAmt |
| Program Services | $2,203,350 | ProgramServicesAmt |
| Management And General | $280,018 | ManagementAndGeneralAmt |
| Fundraising | $42,511 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,178,392 | TotalAmt |
| Program Services | $89,810,599 | ProgramServicesAmt |
| Management And General | $11,254,244 | ManagementAndGeneralAmt |
| Fundraising | $1,113,549 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,935 | BOYAmt |
| EOY | $427,720 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,979,583 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,731,078 | BOYAmt |
| EOY | $1,458,156 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,370,134 | BOYAmt |
| EOY | $1,804,947 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,257 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,270,054 | BOYAmt |
| EOY | $1,351,648 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,851,011 | BOYAmt |
| EOY | $775,465 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $153,379,239 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $91,692,333 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,126,603 | BOYAmt |
| EOY | $61,686,906 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,309,059 | BOYAmt |
| EOY | $42,022,864 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $345,006 | BOYAmt |
| EOY | $253,189 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,006,351 | BOYAmt |
| EOY | $2,041,782 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,134,488 | BOYAmt |
| EOY | $114,802,260 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,763,888 | BOYAmt |
| EOY | $5,893,311 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,382,859 | BOYAmt |
| EOY | $3,195,635 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,243,936 | BOYAmt |
| EOY | $29,356,347 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $638,038 | BOYAmt |
| EOY | $591,454 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,669,092 | BOYAmt |
| EOY | $3,212,825 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,697,813 | BOYAmt |
| EOY | $42,249,572 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,870,055 | BOYAmt |
| EOY | $29,236,161 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,566,620 | BOYAmt |
| EOY | $43,316,527 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,436,675 | BOYAmt |
| EOY | $72,552,688 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,134,488 | BOYAmt |
| EOY | $114,802,260 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,635,398 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,480,615 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,421,450 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,380,111 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,429,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,827,148 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,869,690 | CurrentTaxYearAmt |
| Total | $35,927,825 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,421,450 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,380,111 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,429,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,827,148 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,869,690 | CurrentTaxYearAmt |
| Total | $35,927,825 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,020,527 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,907,298 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $976,388 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,070,979 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,276,368 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,361,709 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,322,726 | CurrentTaxYearAmt |
| Total | $6,008,170 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,131 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,622 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $30,133 | CurrentTaxYearMinus2YearsAmt |
| Total | $56,886 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $580,499 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,260,099 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,273,630 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,186,453 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,002,157 | CurrentTaxYearAmt |
| Total | $5,302,838 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $47,295,719 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $438,271,381 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.61120 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER REVENUES - 2020 AMOUNT: $ 580,499. 2021 AMOUNT: $ 1,260,099. 2022 AMOUNT: $ 1,273,630. 2023 AMOUNT: $ 1,186,453. 2024 AMOUNT: $ 1,002,157. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Total Easements | 2 | TotalEasementsCnt |
| Total Acreage | 283.00 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 0 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 0.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $0 | ExpensesIncurredEnforcementAmt |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,468,630 | BeginningYearBalanceAmt |
| Contributions | $450,425 | ContributionsAmt |
| Investment Earnings Or Losses | $4,050,991 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $321,990 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,262,579 | OtherExpendituresAmt |
| Administrative Expenses | $146,427 | AdministrativeExpensesAmt |
| End Year Balance | $42,239,050 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,903,592 | BeginningYearBalanceAmt |
| Contributions | $480,452 | ContributionsAmt |
| Investment Earnings Or Losses | $3,535,263 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $493,852 | GrantsOrScholarshipsAmt |
| Other Expenditures | $817,182 | OtherExpendituresAmt |
| Administrative Expenses | $139,643 | AdministrativeExpensesAmt |
| End Year Balance | $39,468,630 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,644,848 | BeginningYearBalanceAmt |
| Contributions | $800,466 | ContributionsAmt |
| Investment Earnings Or Losses | $3,291,107 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $465,627 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,232,624 | OtherExpendituresAmt |
| Administrative Expenses | $134,578 | AdministrativeExpensesAmt |
| End Year Balance | $36,903,592 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,571,307 | BeginningYearBalanceAmt |
| Contributions | $595,187 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,863,421 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $326,020 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,187,480 | OtherExpendituresAmt |
| Administrative Expenses | $144,725 | AdministrativeExpensesAmt |
| End Year Balance | $34,644,848 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,084,963 | BeginningYearBalanceAmt |
| Contributions | $595,224 | ContributionsAmt |
| Investment Earnings Or Losses | $8,666,927 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $485,660 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,154,347 | OtherExpendituresAmt |
| Administrative Expenses | $135,800 | AdministrativeExpensesAmt |
| End Year Balance | $39,571,307 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.21965 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.35571 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.42464 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,526,462 | OtherCostOrOtherBasisAmt |
| Book Value | $23,526,462 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $99,715,069 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,170,045 | DepreciationAmt |
| Book Value | $32,545,024 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,545,691 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,883,330 | DepreciationAmt |
| Book Value | $4,662,361 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,592,017 | OtherCostOrOtherBasisAmt |
| Depreciation | $638,958 | DepreciationAmt |
| Book Value | $953,059 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,686,906 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $67,341,148 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,480,615 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $34,775 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,515,390 | RevenueNotReportedAmt |
| Revenue Subtotal | $65,825,758 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $146,427 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $39,841,605 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $39,988,032 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $105,813,790 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $62,225,135 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $34,775 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $34,775 | ExpensesNotReportedAmt |
| Expenses Subtotal | $62,190,360 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $146,427 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $39,841,605 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $39,988,032 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $102,178,392 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 9: | THE UNIVERSITY OWNS APPROXIMATELY 283 ACRES OF LAND IN BUCKS AND MONTGOMERY COUNTIES UNDER AGRICULTURAL CONSERVATION EASEMENTS PURSUANT TO THE AGRICULTURAL AREA SECURITY LAW. UNDER THESE AGRICULTURAL CONSERVATION EASEMENTS, THE UNIVERSITY'S USE OF THE LAND IS LIMITED TO THE PRODUCTION OF CROPS, LIVESTOCK AND LIVESTOCK PRODUCTS, AND OTHER AGRICULTURAL PRODUCTION. |
| PART IV, LINE 2B: | THE UNIVERSITY HELD FUNDS FOR VARIOUS STUDENT CLUBS AND ORGANIZATIONS. |
| PART V, LINE 4: | THE USE OF ENDOWMENT FUNDS IS BASED ON THE RESTRICTION PLACED BY THE DONOR. THE MAJORITY OF ENDOWMENT FUNDS IS DEDICATED PRIMARILY FOR STUDENT SCHOLARSHIPS. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS RULED THE UNIVERSITY IS TAX-EXEMPT AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 39,841,605. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 39,841,605. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE NON-DISCRIMINATION POLICY OF THE UNIVERSITY IS INCLULDED IN ALL EXTERNALLY TARGETED PUBLICATIONS, THE UNIVERSITY CATALOG, AND ON THE WEBSITE HOMEPAGE. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVED FEDERAL FUNDS UNDER THE PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, FEDERAL WORK STUDY, AND OTHER MISCELLANEOUS FEDERAL RESEARCH AND DEVELOPMENT GRANTS. ADDITIONALLY, THE UNIVERSITY RECEIVES VARIOUS GRANTS FROM THE COMMONWEALTH OF PENNSYLVANIA AND ITS POLITICAL SUBDIVISIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1645 | RecipientCnt |
| Cash Grant | $40,584,994 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS MATRICULATING AT THE UNIVERSITY FOR VARIOUS REASONS INCLUDING, BUT NOT LIMITED TO, ACADEMIC PERFORMANCE AND FINANCIAL NEED. OTHER GRANTS/ SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO MEET REQUIREMENTS SET FORTH BY THE DONOR. ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION, FEES, HOUSING, MEALS AND BOOKS. THEREFORE, NO FURTHER MONITORING OF THE GRANTS IS REQUIRED. SCHOLARSHIPS AND GRANTS ARE AWARDED IN A NON-DISCRIMINATORY MANNER USING CRITERIA DETERMINED BY THE UNIVERSITY OR BY THE SCHOLARSHIP DONOR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BENJAMIN RUSILOSKI | ||||||||||||||
| PRESIDENT | $347,895 | $0 | $0 | $0 | $75,912 | $0 | $24,488 | $0 | $10,766 | $0 | $459,061 | $0 | $40,000 | $0 |
| GLORIA ABIMBOLA OIKELOME | ||||||||||||||
| PROVOST & VP OF ACADEMIC AFFAIRS | $237,489 | $0 | $0 | $0 | $270 | $0 | $17,150 | $0 | $25,679 | $0 | $280,588 | $0 | $0 | $0 |
| JAMES EDWARD COOPER | ||||||||||||||
| VP OF FINANCE AND ADMINISTRATION | $212,076 | $0 | $0 | $0 | $1,051 | $0 | $15,050 | $0 | $11,359 | $0 | $239,536 | $0 | $0 | $0 |
| STEPHEN JOHN RIEKS | ||||||||||||||
| CHIEF INFORMATION OFFICER | $192,978 | $0 | $0 | $0 | $774 | $0 | $14,000 | $0 | $21,682 | $0 | $229,434 | $0 | $0 | $0 |
| BROC ALAN SANDELIN - DEAN OF | ||||||||||||||
| AGRICULTURE & ENVIRONMENTAL SCIENCE | $186,747 | $0 | $0 | $0 | $937 | $0 | $13,501 | $0 | $20,755 | $0 | $221,940 | $0 | $0 | $0 |
| JOSEPH THOMAS FIOCHETTA | ||||||||||||||
| VP OF DEVELOPMENT & ALUMNI AFFAIRS | $200,850 | $0 | $0 | $0 | $1,974 | $0 | $14,227 | $0 | $4,323 | $0 | $221,374 | $0 | $0 | $0 |
| KATHRYN MARY PAYNE | ||||||||||||||
| VP OF ENROLLMENT MANAGEMENT | $203,226 | $0 | $0 | $0 | $1,470 | $0 | $14,230 | $0 | $1,984 | $0 | $220,910 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | BENJAMIN RUSILOSKI, PRESIDENT, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. IN CALENDAR YEAR 2023, THE UNIVERSITY MADE A $40,000 CONTRIBUTION TO THE PLAN. THIS CONTRIBUTION HAD NOT YET VESTED AND WAS REPORTED IN SCHEDULE J, PART II, COLUMN (C) ON THE 2023 FORM 990. IN CALENDAR YEAR 2024, THE UNIVERSITY MADE A $20,000 CONTRIBUTION TO THE PLAN, WHICH IMMEDIATELY VESTED. THE PRESIDENT WAS PAID A TOTAL OF $72,428, WHICH INCLUDES THIS $20,000 CONTRIBUTION, THE $40,000 CONTRIBUTION FROM 2023, AND $12,428 OF EARNINGS. THE $72,428 IS INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| A | 232174016 | 118618AA5 | 2022-03-16 | $4,065,793 | REFUNDING OF SERIES 2015 NOTE | 0 | 0 | 0 |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| B | 232174016 | 118618AQ0 | 2022-08-04 | $30,014,981 | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $4,065,793 | $80,793 | $3,985,000 | 2015 | Yes (1) | 0 | Yes (1) | Yes (1) | ||
| B | $30,014,981 | $499,534 | $23,515,447 | 2012 | Yes (1) | 0 | Yes (1) | Yes (1) | $3,955,000 | $6,000,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART I, BOND ISSUES: | FormAndLineReferenceDesc |
| Explanation | (A) ISSUER NAME: BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUNDING OF SERIES 2015 NOTE (A) ISSUER NAME: BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: 1) REFUNDING OF SERIES 2012 BONDS 2) CAPITAL IMPROVEMENTS 3) PAYMENT OF THE COSTS OF ISSUING THE BONDS | ExplanationTxt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,200 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $9,293 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $837,517 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | HORSES | 9 | $183,000 | APPRAISAL/FAIR MARKE |
| Yes (X) | EQUIP & CAP MTL | 6 | $138,900 | FAIR MARKET VALUE |
| Yes (X) | SOFTWARE | 1 | $15,000 | COST |
| Yes (X) | SUPPLIES | 6 | $9,790 | APPRAISAL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER OF CONTRIBUTIONS IS REPORTED. |
| SCHEDULE M, PART I, LINE 24, COLUMN (C): | IT IS THE UNIVERSITY'S POLICY TO RECORD DONATED HORSES THAT ARE USED IN ITS EXEMPT PURPOSE AT A MAXIMUM OF $50,000 PER HORSE. HOWEVER, THE DONORS' QUALIFIED APPRAISALS MAY RESULT IN A DIFFERENT VALUE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, THE BOARD VICE-CHAIR, THE BOARD SECRETARY, THE BOARD TREASURER, AND CHAIRS OF ALL BOARD-SANCTIONED COMMITTEES. THE UNIVERSITY PRESIDENT IS AN EX-OFFICIO NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD IN RELATION TO MATTERS THAT ARISE WHEN THE BOARD IS NOT IN SESSION, OR WHEN IT IS NOT PRACTICAL OR FEASIBLE FOR THE BOARD TO MEET. THE EXECUTIVE COMMITTEE IS PROHIBITED FROM: (I) FIXING COMPENSATION, IF ANY, OF ANY INDIVIDUAL RENDERING PERSONAL SERVICES TO THE UNIVERSITY AND ALSO SERVING AS A TRUSTEE OR AN OFFICER, DELEGATED AUTHORITY; (II) FILLING VACANCIES ON THE BOARD OR ON ANY COMMITTEE WITH BOARD; (III) ADOPTION, AMENDMENT OR REPEAL OF BYLAWS OR ADOPT NEW BYLAWS, OR AMEND, REPEAL, OR ADOPT NEW ARTICLES OF INCORPORATION; (IV) AMENDMENT OR REPEAL ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (V) ACTION ON ANY MATTER COMMITTED BY THE BYLAWS OR A BOARD RESOLUTION EXCLUSIVELY TO ANOTHER COMMITTEE; (VI) ESTABLISHING FUNDAMENTAL POLICIES TO BE USED TO GUIDE THE UNIVERSITY'S OVERARCHING MISSION, VISION AND LONG-TERM PLANNING, AND FROM WHICH THE CABINET AND STAFF MAY SET ADDITIONAL POLICIES AND PROCEDURES FOR DAY-TO-DAY OPERATIONS; (VII) THE PURCHASE OR SALE OR LONG-TERM LEASING (IN EXCESS OF FIVE (5) YEARS) OF ANY REAL ESTATE, OR THE PLEDGING OR MORTGAGING OF THE SAME; OR (VIII) APPROVAL OF ANY TRANSACTION BETWEEN: (1) THE UNIVERSITY AND ONE OR MORE OF ITS TRUSTEES OR OFFICERS, OR (2) THE UNIVERSITY AND ANY ENTITY IN WHICH ONE OR MORE OF ITS TRUSTEES OR OFFICERS HAVE A MATERIAL FINANCIAL INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT OF THE UNIVERSITY INCLUDING THE CONTROLLER AND THE VP OF FINANCE AND ADMINISTRATION. THE FORM 990 IS THEN REVIEWED BY THE AUDIT/RISK MANAGEMENT COMMITTEE OF THE BOARD AND MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST SURVEYS ARE COMPLETED ANNUALLY BY THE BOARD TRUSTEES AND OFFICERS. THESE SURVEYS ARE REVIEWED BY SENIOR MANAGEMENT TO DETERMINE IF THERE IS ANY POTENTIAL CONFLICT OF INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST BY THE BOARD OF DIRECTORS AND OFFICERS, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE UNIVERISTY HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES. IF AN EMPLOYEE HAS A VESTED INTEREST IN A FIRM THAT IS DOING BUSINESS WITH THE UNIVERSITY, THE EMPLOYEE MUST REPORT THE INTEREST TO THE PRESIDENT AND MUST NOT REPRESENT THE UNIVERSITY IN TRANSACTIONS BETWEEN THE FIRM AND THE UNIVERSITY. NO EMPLOYEE CAN ACCEPT EMPLOYMENT IN ANY ORGANIZATION WHICH CONDUCTS BUSINESS WITH THE UNIVERSITY OR IS A UNIVERSITY COMPETITOR. FACULTY WHO TEACH PART TIME AT OTHER EDUCATIONAL INSTITUTIONS ARE NOT CONSIDERED IN VIOLATION OF THIS POLICY. VIOLATION OF THIS POLICY WILL RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING DISCHARGE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF TRUSTEES ENGAGES A COMPENSATION CONSULTANT AS NEEDED TO ASSESS COMPENSATION LEVELS FOR THE PRESIDENT'S POSITION. OVERSIGHT OF THE EVALUATION PROCESS AND COMPENSATION ACTIONS ARE OVERSEEN BY THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH INCLUDES THE CHAIR, VICE CHAIR, TREASURER, SECRETARY AND CHAIRS OF ALL BOARD-SANCTIONED COMMITTEES. COMPENSATION FOR OTHER OFFICERS IS GROUPED WITH ALL OTHER EMPLOYEES WHEN DETERMINING COMPENSATION. THE BOARD OF TRUSTEES APPROVES ALL EMPLOYEE COMPENSATION AND SALARY INCREASES AS PART OF THE ANNUAL BUDGET PROCESS. THE UNIVERSITY DOES NOT COMPENSATE ANYONE WHO MEETS THE IRS DEFINITION OF KEY EMPLOYEE. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED VIA MINUTES OF THE BOARD OF TRUSTEES AND/OR MINUTES FROM THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. |
| 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 UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER ANNUITY TRUST (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE VALLEY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |