2025-05-05T07:23:15-05:00 2024-06-30 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2023-07-01 231352648 IMMACULATA UNIVERSITY IMMA 6106474400 1145 KING ROAD IMMACULATA PA 19345 AMY A BOSIO VICE PRESIDENT OF FINANCE AND ADMIN 6106474400 2025-05-01 1 1 PATRICK PITTMAN P00587461 5403450936 2025-04-08 2023 2025-03-06 01:10:19Z AMY A BOSIO 1145 KING ROAD IMMACULATA PA 19345 73224698 0 X IMMACULATA.EDU X 1946 PA SEE SCHEDULE 0. 27 27 994 27 87977 3964 4241097 4470171 45221542 47760003 2348678 1996736 185224 932190 51996541 55159100 12112340 13455995 0 0 21338109 21969869 0 0 866015 18393456 20385249 51843905 55811113 152636 -652013 87633205 88610134 46160878 45956497 41472327 42653637 X SEE SCHEDULE O. 0 0 36435530 13096905 41528261 TO EDUCATE AND PROVIDE RELATED SERVICES TO STUDENTS. IN THE FALL TERM OF ACADEMIC YEAR 2023/2024, THIS PROGRAM BENEFITTED 2,426 OF WHOM 988 WERE TRADITIONAL UNDERGRADUATE AND 897 GRADUATE STUDENTS. THIS PROGRAM ALSO CONTRIBUTED TOWARD THE GRADUATION OF 459 STUDENTS DURING ACADEMIC YEAR 2023/2024. 2785120 223780 3542526 TO PROVIDE LIVING QUARTERS FOR STUDENTS. IN THE FALL TERM OF ACADEMICYEAR 2023/2024, THIS PROGRAM BENEFITTED 511 STUDENTS. 3423077 135310 2622886 TO PROVIDE MEALS TO STUDENTS. IN THE FALL OF 2023, THIS PROGRAMBENEFITTED 534 STUDENTS. 868028 868028 42643727 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 136 0 1 994 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X AMY A BOSIO 4843233050 1145 KING ROAD IMMACULATA PA 19345 SISTER MARGARET ROSE ADAMS TRUSTEE 2.00 X 0 0 0 PEGGY BEHM TRUSTEE (BOARD CHAIR) 2.00 X X 0 0 0 PHYLLIS BELLOPEDE TRUSTEE 2.00 X 0 0 0 NORMA C BROWN TRUSTEE 2.00 X 0 0 0 SISTER ELAINE DECHANTAL BROOKES TRUSTEE 2.00 X 0 0 0 JUSTIN CUSICK TRUSTEE 2.00 X 0 0 0 SISTER JOHN EVELYN DITROLIO IHM TRUSTEE 2.00 X 0 0 0 CINDY EGNOTOVICH TRUSTEE 2.00 X 0 0 0 AJ GABRIELE TRUSTEE 2.00 X 0 0 0 MELISSA GEORGE TRUSTEE 2.00 X 0 0 0 RALPH J HALL TRUSTEE 2.00 X 0 0 0 SISTER REGINA M HAVENS IHM TRUSTEE 2.00 X 0 0 0 KATHLEEN HOHENADEL TRUSTEE 2.00 X 0 0 0 KATHLEEN JAMES TRUSTEE 2.00 X 0 0 0 PATRICIA A KNECHT PHD TRUSTEE 2.00 X 0 0 0 MARY LOU KRAMER TRUSTEE 2.00 X 0 0 0 BERNADETTE MAGUIRE TRUSTEE 2.00 X 0 0 0 DIANNE MANGES TRUSTEE 2.00 X 0 0 0 SISTER PATRICIA MENGEL IHM TRUSTEE 2.00 X 0 0 0 ANTHONY J MONTAGNOLO TRUSTEE 2.00 X 0 0 0 KEVIN MOORE TRUSTEE 2.00 X 0 0 0 THERESA M PAYTON TRUSTEE 2.00 X 0 0 0 SISTER STEPHEN ANNE RODERIGUEZ IHM TRUSTEE 2.00 X 0 0 0 SISTER MARY SMITH IHM TRUSTEE 2.00 X 0 0 0 SISTER MARY ELLEN TENNITY IHM TRUSTEE 2.00 X 0 0 0 MIMI DRAPER WALSH TRUSTEE 2.00 X 0 0 0 JUDITH WITT TRUSTEE 2.00 X 0 0 0 BARBARA LETTIERE PRESIDENT 40.00 X 233665 0 18336 SUSAN ARNOLD VP OF ADVANCEMENT 40.00 X 185961 0 15380 PATRICIA CANTERINO VP FOR SD & UA 40.00 X 179498 0 14604 ANGELA TEKELY VP ACADEMIC AFFAIRS 40.00 X 133491 0 29771 AMY BOSIO VP FINANCE & ADMINISTRATION 40.00 X 182589 0 35691 SISTER ANTOINE LAWLOR IHM VP FOR MISSION AND MINISTRY 40.00 X 0 0 0 STEVEN KENDUS VP OF MARKETING AND COMMUNICATIONS 40.00 X 154237 0 15944 KEVIN CONVERY DIRECTOR OF FACILITIES 40.00 X 111117 0 6237 MARY POWELL DEAN/ASSOCIATE PROFESSOR 40.00 X 122563 0 8545 MELISSA REED DEAN 40.00 X 114278 0 11163 JEFFREY ROLLISON DIRECTOR OF LIBRARY 40.00 X 122142 0 11082 JOSEPH CORABI PROFESSOR 40.00 X 102851 0 9898 1642392 0 176651 11 0 1 0 PARKHURST DINING PO BOX 644091 PITTSBURGH PA 152644091 DINING SERVICE 2834789 OCULUSIT LLC 936 SW 1ST AVENUE SUITE 424 MIAMI FL 33130 TECHNOLOGY SERVICES 1345442 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 TECHNOLOGY SERVICES 1050710 SISTERS OF IHM - VMHS 1 OUR LADY CIRCLE MALVERN PA 19355 STUDENT TEACHING 873070 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 MARKETING SERVICES 805687 26 89559 470040 3910572 32496 4470171 TUITON/FEES 611710 41528261 41528261 RESIDENT HALLS 721310 3542526 3542526 STUDENT BOARD PLAN 611710 2622886 2622886 BOOKSTORE COMM. & VEND 900099 53283 53283 IU CASH RECIEPTS 900099 13047 13047 47760003 1820294 1820294 136286 136286 18047793 17965114 42523 82679 -42523 40156 -42523 82679 56753 89559 57961 -1208 -1208 MISC INCOME 900099 735970 735970 FACILITY USAGE AND CAMP FEES 900099 89177 87977 1200 TRANSCRIPT INCOME 611710 50331 50331 57920 57920 933398 55159100 48561701 87977 2039251 13455995 13455995 1199167 194102 803724 201341 16794115 13585792 2876757 331566 496282 355452 119408 21422 2211066 1575752 573503 61811 1269239 963240 264591 41408 160194 160194 86300 86300 86549 86549 2981740 1979453 980600 21687 930224 89271 815101 25852 3066871 2293726 647899 125246 3596081 3596081 157274 147803 4703 4768 1772371 1422479 349892 3895470 3126447 769023 494601 398328 96273 FOOD SERVICES 3024266 2982404 10948 30914 EQUIPMENT 133308 73483 59825 55811113 42643727 12301371 866015 1775422 1853906 1704063 2457457 633311 745409 120414 30750 532023 634302 148888763 96079112 53708577 52809651 29076576 30003738 82819 74921 87633205 88610134 2054543 2818060 2396025 2226885 34822992 34016261 4253288 4319267 2634030 2576024 46160878 45956497 X 18600408 16641439 22871919 26012198 41472327 42653637 87633205 88610134 -652013 1833323 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25499732 31381 3460313 2575011 26416415 25860074 5293211 2855643 8509196 25499732 26723755 6422012 -4518131 2767562 25860074 20961788 883848 5378845 500726 26723755 18532299 2135767 879716 585994 20961788 0.31130 0.40340 0.28530 0 0 212719 212719 119187995 72038246 47149749 1283743 1283743 28204306 24040866 4163440 52809651 CONDITIONAL ASSET RETIREMENT 2471122 STUDENT DEPOSITS 104902 2576024 X 43732040 1833323 224200 2057523 41674517 86549 13398034 13484583 55159100 42550730 224200 57961 282161 42268569 86549 13455995 13542544 55811113 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND NONRESTRICTED QUASI-ENDOWMENT FUNDS. THE QUASI-ENDOWMENT FUNDS' PRIMARY PURPOSE IS TO PROVIDE STABLE SUPPORT FOR LIQUIDITY COVENANTS IN CONNECTION WITH LONG-TERM DEBT OUTSTANDING. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING NONRESTRICTED QUASI-ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY IS QUALIFIED AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS, IF ANY, ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEAR 2024 OR 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRA-TUITION 13,096,905. RESIDENT ASSISTANT DISCOUNTS 359,090. FUNDRAISING EXPENSES NETTED -57,961. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH INCOME 57,961. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRA-TUITION 13,096,905. RESIDENT ASSISTANT DISCOUNTS 359,090. ROUNDING 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PROVIDES A STATEMENT IN ALL PUBLICATIONS REGARDING ITS NONDISCRIMINATORY POLICY, INCLUDING ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 IMMACULATA RECEIVES GOVERNMENT FINANCIAL ASSISTANCE IN THE FORM OF FEDERAL AND STATE GRANTS. GOLF TOURNAMENT 85323 57588 27735 33900 6149 GALA 43292 31971 11321 7710 10202 2 17697 17697 146312 89559 56753 33900 7710 16351 57961 -1208 1 SCHOLARSHIPS 1005 13455955 PART I, LINE 2 GRANTS ISSUED BY IMMACULATA UNIVERSITY ARE PRIMARILY IN THE FORM OF SCHOLARSHIP AND GRANTS AWARDED AS PART OF FINANCIAL AID. FINANCIAL AID GRANTS AWARDED TO STUDENTS ARE DIRECTLY APPLIED BY THE UNIVERSITY TO OFFSET BILLED AMOUNTS (I.E. TUITION) ON THE STUDENT'S ACCOUNT, THEREBY REDUCING THE NET BALANCE DUE TO THE UNIVERSITY. STUDENTS RECEIVING SCHOLARSHIPS ARE ASSESSED ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEEDS AND SIMILAR STANDARDS. X X X 0 0 0 0 0 0 0 0 0 BARBARA LETTIERE PRESIDENT 233665 0 0 0 0 0 9500 0 8836 0 252001 0 0 0 AMY BOSIO VP FINANCE & ADMINISTRATION 182589 0 0 0 0 0 8017 0 27674 0 218280 0 0 0 SUSAN ARNOLD VP OF ADVANCEMENT 185961 0 0 0 0 0 7474 0 7906 0 201341 0 0 0 PATRICIA CANTERINO VP FOR SD & UA 179498 0 0 0 0 0 7200 0 7404 0 194102 0 0 0 STEVEN KENDUS VP OF MARKETING AND COMMUNICATIONS 154237 0 0 0 0 0 6400 0 9544 0 170181 0 0 0 ANGELA TEKELY VP ACADEMIC AFFAIRS 133491 0 0 0 0 0 5119 0 24652 0 163262 0 0 0 PART I, LINE 3: THE FOLLOWING TRUSTEES OF IMMACULATA UNIVERSITY'S BOARD OF TRUSTEES ARE MEMBERS OF THE SISTERS, SERVANTS OF THE IMMACULATE HEART OF MARY RELIGIOUS CONGREGATION AND DO NOT RECEIVE COMPENSATION FOR THIS SERVICE IN KEEPING WITH THEIR STATED VOW OF POVERTY: SISTER MARY ELLEN TENNITY, IHM SISTER MARGARET ROSE ADAMS, IHM SISTER ELAINE DECHANTAL BROOKES, IHM SISTER JOHN EVELYN DITROLIO, IHM SISTER REGINA M. HAVENS, IHM SISTER STEPHEN ANNE RODERIGUEZ, IHM SISTER PATRICIA MENGEL, IHM SISTER MARY SMITH, IHM THE FOLLOWING OFFICER OF IMMACULATA UNIVERSITY IS A MEMBER OF THE SISTERS, SERVANTS OF THE IMMACULATE HEART OF MARY RELIGIOUS CONGREGATION AND DOES NOT RECEIVE COMPENSATION FOR THIS SERVICE IN KEEPING WITH THEIR STATED VOW OF POVERTY: SISTER ANTOINE LAWLOR, IHM - VP FOR MISSION AND MINISTRY A CHESTER COUNTY HEALTH & ED FACILITIES AU 232265260 165579ET6 2017-10-31 39012610 CURRENT REFUNDING SERIES 2010 AND 0 0 0 A 4375000 39012610 2520000 7437414 567282 28487914 2017 1 1 1 1 A 0 0 0 0 0 0 1 A 0 1 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CHESTER COUNTY HEALTH & ED FACILITIES AU DATE THE REBATE COMPUTATION WAS PERFORMED: 12/19/2023 X 2 7043 FMV X GRAND PIANO 1 12400 FMV X AUCTION ITEMS 28 8259 FMV X POOL CAMERAS 1 4795 FMV 0 1 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE UNIVERSITY OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS TO MEN AND WOMEN DIRECTED PRIMARILY TOWARD LIBERAL ARTS AND PROFESSIONAL EDUCATION. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: IMMACULATA UNIVERSITY (THE UNIVERSITY) IS A CATHOLIC INSTITUTION OF HIGHER EDUCATION FOUNDED IN 1920 BY THE SISTERS, SERVANTS OF THE IMMACULATE HEART OF MARY (THE CONGREGATION). THE UNIVERSITY OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS TO MEN AND WOMEN DIRECTED PRIMARILY TOWARD LIBERAL ARTS AND PROFESSIONAL EDUCATION. IN ADDITION TO ON CAMPUS AND OFF-SITE GRADUATE AND UNDERGRADUATE PROGRAMS, THE UNIVERSITY OFFERS COURSES IN ONLINE INSTRUCTION. THE UNIVERSITY IS COMMITTED TO SCHOLARSHIP AND THE FORMATION OF THE WHOLE PERSON FOR LEADERSHIP AND SERVICE AND TO THE EMPOWERMENT OF ALL MEMBERS OF THE COMMUNITY TO SEEK TRUTH, PROMOTE JUSTICE, FOSTER PEACE AND ENGAGE IN DIALOGUE BETWEEN FAITH AND CULTURE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT TAX PREPARATION FIRM IS ENGAGED TO ASSIST IN COMPILING THE FORM 990 WITH DATA PROVIDED FROM THE BUSINESS OFFICE. UNIVERSITY MANAGEMENT REVIEWS THE FORM 990 FOR COMPLETENESS AND ACCURACY. PRIOR TO FILING, MANAGEMENT PRESENTS THE FORM 990, WITHOUT NAMES AND ADDRESSES ON SCHEDULE B, TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 IS REVIEWED AND SIGNED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT AND SUBMIT SUCH STATEMENT TO THE UNIVERSITY PRESIDENT. THE PRESIDENT REVIEWS THOSE STATEMENTS FOR POTENTIAL CONFLICTS. THE DISCLOSURE STATEMENT ALSO REQUIRES ALL MEMBERS TO NOTIFY THE UNIVERSITY PRESIDENT PROMPTLY OF ANY ACTUAL, APPARENT, OR POTENTIAL CONFLICT OF INTEREST AS IT ARISES, SO THAT IT CAN BE ADDRESSED IMMEDIATELY. SHOULD THERE BE A CONFLICT OF INTEREST ANY AFFECTED TRUSTEE OR OFFICER SHALL REFRAIN FROM ANY CONSIDERATION OF, OR ACTION UPON, THE TRANSACTION OR PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT PERSONS COMPRISING THE COMPENSATION COMMITTEE REVIEWED BENCHMARKING DATA WHEN HIRING THE UNIVERSITY PRESIDENT, AND HAVE ADJUSTED HER COMPENSATION PERIODICALLY SINCE. THE COMPENSATION COMMITTEE REVIEWS AND DOCUMENTS ITS DETERMINATION THAT THE COMPENSATION PAID IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, AND FINANCIALS: THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SISTERS SERVANTS OF IHM VILLA MARIA GENERALATE 1140 KING RO IMMACULATA PA 19345 231352569 RELIGIOUS PA 501(C)(3) LINE 2 N/A 0 ENSERV INC PO BOX 665 IMMACULATA PA 19345 232731906 WATER TREATMENT PA 501(C)(3) LINE 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0