2024-05-14T15:12:37-05:00 2023-06-30 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2022-07-01 240839402 LACKAWANNA COLLEGE LACK 5709617846 501 VINE STREET SCRANTON PA 18509 JOHN RISBOSKIN VP FOR FINANCE AND ADMIN 5709617846 2024-05-14 1 JOHN RISBOSKIN 999009999 0 MARY ANN NOVAK CPA P01056330 5709610345 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JILL MURRAY PHD 501 VINE STREET SCRANTON PA 18509 41313991 0 X WWW.LACKAWANNA.EDU X 1957 PA LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT HIGHER EDUCATIONAL INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. 16 15 704 6 0 0 9621945 5245763 29519306 33463206 819938 528063 147214 185940 40108403 39422972 2265460 2845271 0 0 17307794 16410139 0 0 588051 17386664 16529721 36959918 35785131 3148485 3637841 71664189 79386578 20115438 23518978 51548751 55867600 X LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATION INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. THE COLLEGE STRIVES TO BE AN AFFORDABLE, OPEN-ENROLLMENT COLLEGE, PROVIDING A HIGH QUALITY AND TRANSFERABLE EDUCATION THAT EXCEEDS ACADEMIC EXPECTATIONS FOR STUDENTS AT ALL LEARNING LEVELS. THE COLLEGE IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHO ARE ACADEMICALLY UNDERPREPARED FOR COLLEGE LEVEL WORK, AND NURTURING STUDENTS' SENSE OF SELF-WORTH AND CAPACITY TO MAKE A DIFFERENCE. THE COLLEGE IS ALSO COMMITTED TO CULTIVATING AND MAINTAINING ACTIVE PARTNERSHIPS WITH OUR REGIONAL COMMUNITY, INCLUDING OTHER EDUCATIONAL INSTITUTIONS, BUSINESSES, AND NON-PROFIT AGENCIES. THE COLLEGE DELIVERS SERVICE THROUGH EXCELLENCE IN PROGRAMS THAT PREPARE STUDENTS TO SUCCEED IN THE WORKFORCE. 0 0 21882124 2845271 28073576 TUITION AND FEES FOR UNDERGRADUATE STUDENTS. LACKAWANNA COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. THE INSTITUTION OFFERS 22 ASSOCIATE DEGREE PROGRAMS AND 8 BACHELOR DEGREE PROGRAMS TO ITS UNDERGRADUATE STUDENT POPULATION. IN FALL 2022, LACKAWANNA ENROLLED NEARLY 1,860 UNDERGRADUATE STUDENTS. 4221768 3770269 AUXILIARY ENTERPRISE REVENUE. NINETY-NINE PERCENT (99%) OF LACKAWANNA COLLEGE'S AUXILIARY ENTERPRISE REVENUE IS GENERATED BY OFFERING HOUSING AND FOOD SERVICE TO APPROXIMATELY 300 STUDENTS IN COLLEGE-OWNED FACILITIES. 1451545 1619361 CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE. LACKAWANNA COLLEGE OPERATES A CONTINUING EDUCATION DEPARTMENT THAT ADDRESSES THE EDUCATIONAL NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE TRADITIONAL COLLEGE CREDIT STRUCTURE. THROUGH THE DEPARTMENT, THE COLLEGE OFFERS A DIPLOMA PROGRAM IN ITS ACT 120 POLICE ACADEMY AND VARIOUS CERTIFICATE AND WORKFORCE DEVELOPMENT PROGRAMS, INCLUDING PROGRAMS FUNDED UNDER THE TRADE ADJUSTMENT ASSISTANCE FOR WORKERS AND WORKFORCE INNOVATION AND OPPORTUNITY ACTS. 27555437 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4282 0 1 704 1 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JOHN RISBOSKIN VP FOR FINANCE & ADMIN 5709617828 501 VINE STREET SCRANTON PA 18509 DEBORAH BAILEY TRUSTEE 1.00 X 0 0 0 JODY CORDARO VICE CHAIRPERSON 1.00 X 0 0 0 HAROLD FLACK TRUSTEE 1.00 X 0 0 0 TOM DEPIETRO TRUSTEE 1.00 X 0 0 0 MARK DESTEFANO SECRETARY 1.00 X 0 0 0 CHRISTINA CURRAN TRUSTEE 1.00 X 0 0 0 GREG GAGORIK TRUSTEE 1.00 X 0 0 0 MICHAEL AVVISATO TRUSTEE 1.00 X 0 0 0 MICHAEL KEARNEY TRUSTEE 1.00 X 0 0 0 DEBRA LEFKOWITZ TRUSTEE 1.00 X 0 0 0 GEOFFREY MESKO TRUSTEE 1.00 X 0 0 0 BETTE SAXTON TRUSTEE 1.00 X 0 0 0 COLLEEN PETTINATO TRUSTEE 1.00 X 0 0 0 JOYCE VAN SCHOONEVELD CHAIRPERSON 1.00 X 0 0 0 MICAH WOODARD TRUSTEE 1.00 X 0 0 0 DR JILL MURRAY PRESIDENT 40.00 X 226113 0 36337 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 40.00 X 131292 0 45904 JOHN RISBOSKIN VP FOR FINANCE AND ADMINIS 40.00 X 113938 0 20687 BRIAN COSTANZO VP FOR GOVT AFFAIRS 40.00 X 116411 0 30604 RENEE MUNDY VP FOR HUMAN RESOURCES 40.00 X 113232 0 33887 ERICA BARONE PRICCI PROVOST 40.00 X 136028 0 8117 ROBIN CRANE ROBOTICS PROGRAM DIRECTOR 40.00 X 104996 0 15215 942010 0 190751 7 0 1 0 METZ CULINARY MANAGEMENT 2 WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICE 2687734 INTEGRA ONE 7248 TILGHMAN ST SUITE 120 ALLENTOWN PA 18106 AUDIO/VISUAL TECHNOLOGY 1377908 MCCLURE COMPANY 4101 NORTH 6YH STREET PO 1579 HARRISBURG PA 17105 HVAC 869770 CRAFT & ASSOCIATES INC PO BOX 88337 SIOUX FALLS SD 57109 MARKETING SERVICE 573274 POSTLER & JAECKLE CORPORTATION 503 YATESVILLE ROAD JENKINS TOWNSHIP PA 18640 MECHANICAL CONTRACTOR 469990 7 3621228 1624535 5245763 EDUCATIONAL 611310 28073576 28073576 AUXILIARY 611710 3770269 3770269 CONTINUING ED AND MISC PROGRAM 611710 1619361 1619361 33463206 517789 517789 42947 42947 37950 0 37950 37950 37950 1826994 400 1817120 0 9874 400 10274 10274 178942 73899 105043 105043 39422972 33463206 0 714003 2845271 2845271 837014 720603 116411 11208682 9470127 1513886 224669 522382 383322 122809 16251 2944303 2113490 736710 94103 897758 705803 166535 25420 150875 150875 56350 56350 692819 10099 682470 250 3445164 2988900 425970 30294 573293 516587 56706 2662858 2372593 267353 22912 SERVICES- VARIOUS 4144850 3213011 920140 11699 OTHER 3181115 1476770 1704345 SUPPLIES 1602094 1439161 116891 46042 SCHOLARSHIPS AND FELLOW 20303 20303 35785131 27555437 7641643 588051 3581535 2188955 10168496 12202919 344185 376128 810672 1129942 96939 112620 708944 436212 81493764 39828199 41478475 41665565 11450299 13960480 2475798 2476798 548846 4836959 71664189 79386578 2921612 2938460 271355 412341 15627692 16922471 81230 0 4459255 20115438 23518978 X 45222763 47917905 6325988 7949695 51548751 55867600 71664189 79386578 X 3637841 1009008 -328000 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8995369 1000 1131844 90478 10037735 9677215 30050 -662581 49315 8995369 9005079 64450 1769229 1161543 9677215 8357896 458149 319306 130272 9005079 7605221 158566 707642 113533 8357896 0.48170 0.24680 0.27150 0 0 2222126 2222126 55508163 25873811 29634352 1971946 1824539 147407 17127652 12129849 4997803 4663877 4663877 41665565 CONTRIBUTIONS RECEIVABLE 506399 OPERATING LEASE RIGHT-OF-USE ASSETS 4330560 4836959 OPERATING LEASE LIABILITIES 4459255 4459255 X 37332608 1009008 -328000 681008 36651600 2771372 2771372 39422972 33013759 73899 73899 32939860 2845271 2845271 35785131 PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPAIRMENT LOSS -328,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -73,899. SCHOLARSHIPS 2,845,271. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 73,899. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 2,845,271. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 FOLLOWING A REDESIGN OF ITS WEBSITE, THE COLLEGE'S NONDISCRIMINATORY POLICY WAS INADVERTENTLY OMITTED. ONCE DISCOVERED, THE POLICY WAS POSTED. SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN THE DEPT OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM. ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS AND FOR CAPITAL PROJECTS. CLAY SHOOT 101500 101500 47240 GOLF TOURNAMENT 33200 33200 17223 4 44242 44242 9436 178942 178942 73899 73899 105043 1 SCHOLARSHIPS 816 2845271 X X X X 0 0 0 0 0 0 0 0 0 DR JILL MURRAY PRESIDENT 226113 0 0 0 0 0 26988 0 9349 0 262450 0 0 0 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 131292 0 0 0 0 0 22500 0 23404 0 177196 0 0 0 A ABINGTON TOWNSHIP MUNICIPAL AUTHORITY 231708665 NONEAVAIL 2010-09-29 6700000 ACQUIRE LAND, BUILDING AND VARIOUS CAPITAL ACQUISITIONS 0 0 0 B WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 NONEAVAIL 2012-05-15 4500000 REFUND 2001, VARIOUS CAPITAL ACQUISITIONS 0 0 0 C WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 NONEAVAIL 2014-12-17 6500000 ACQUIRE LAND, BUILDING AND VARIOUS CAPITAL ACQUISITIONS 0 0 0 D WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 NONEAVAIL 2017-12-28 6815000 REFUND 2008, BUILDING RENOVATIONS, VARIOUS CAPITAL ACQUISITIONS 0 0 0 A 6700000 134000 6566000 2010 0 0 1 1 B 3369480 4500000 90000 1040520 2012 1 0 1 1 C 6500000 107568 6392432 2014 0 0 1 1 D 3818355 6815000 85098 2911547 2018 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 D 0 SCHEDULE K PART IV LINE 7 AND PART V THE COLLEGE HAS PROCEDURES IN PLACE BUT NO WRITTEN POLICY. THE COLLEGE WILL WORK ON A FORMAL WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 11B A PDF COPY OF THE 990 IS SENT TO BOARD MEMBERS PRIOR TO FILING FOR APPROVAL. THE FORM 990 IS THEN DISCUSSED AT THE NEXT BOARD MEETING EITHER PRIOR TO OR AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH BOARD MEMBERS AND EACH MEMBER SIGNS A DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS -328,000. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.