2023-04-14T12:31:53-05:00 2022-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2021-07-01 231501197 HOLY FAMILY UNIVERSITY HOLY 2673413205 9801 FRANKFORD AVE PHILADELPHIA PA 19114 ERIC NELSON CFO 2673413205 2023-04-13 1 ERIC NELSON 999009999 KERRI N BOGDA CPA P00760402 7177404863 2023-04-13 X 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR ANNE PRISCO 9801 FRANKFORD AVE PHILADELPHIA PA 19114 84084736 0 X WWW.HOLYFAMILY.EDU X 1954 PA LIBERAL ARTS & PROFESSIONS EDUCATION IN DOCTORATE, GRADUATE, UNDERGRADUATE & NON-DEGREE PROGRAMS 23 20 996 9 0 0 5354064 3931833 73832597 74703804 404733 1546090 447364 306014 80038758 80487741 25555638 27816500 0 0 29091265 27669644 0 0 1105972 18157539 19449417 72804442 74935561 7234316 5552180 127233263 126774324 39186996 37459991 88046267 89314333 X HOLY FAMILY UNIVERSITY, A MINISTRY OF THE SISTERS OF THE HOLY FAMILY OF NAZARETH, OFFERS EDUCATION IN THE LIBERAL ARTS AND PROFESSIONS THROUGH DOCTORATE, GRADUATE, UNDERGRADUATE, AND NON-DEGREE PROGRAMS. CONTINUED ON SCHEDULE O.AS A CATHOLIC UNIVERSITY, HOLY FAMILY SEEKS DIRECTION AND INSPIRATION FROM THE LIFE AND TEACHING OF JESUS CHRIST, AFFIRMS THE VALUES OF THE JUDEO-CHRISTIAN TRADITION, AND WITNESSES TO THE DIGNITY OF EACH PERSON AND THE ONENESS OF THE HUMAN FAMILY. HOLY FAMILY UNIVERSITY EDUCATES STUDENTS TO ASSUME LIFELONG RESPONSIBILITIES TOWARDS GOD, SOCIETY AND SELF. 0 0 63690689 27816500 74703804 HOLY FAMILY UNIVERSITY IS A FULLY ACCREDITED PRIVATE COED UNIVERSITY OFFERING LIBERAL ARTS AND PROFESSIONAL PROGRAMS THROUGH DOCTORATE, GRADUATE, UNDERGRADUATE, AND NON-DEGREE PROGRAMS. THE UNIVERSITY PROVIDES 133 DEGREE PROGRAMS AND 6 NON-DEGREE PROGRAMS.INSTITUTIONAL AID PROVIDED TO STUDENTS WAS $27,816,500 IN 2022.CONTINUED ON SCHEDULE O.THE UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, THE COMMISSION ON COLLEGIATE NURSING AND THE JOINT REVIEW COMMITTEE OF EDUCATION IN RADIOLOGIC TECHNOLOGY. TRADITIONAL GRADUATE AND UNDERGRADUATE PROGRAMS OFFERED FROM THE SCHOOL OF BUSINESS ARE ACCREDITED BY THE ACCREDITATION COUNCIL FOR BUSINESS SCHOOLS AND PROGRAMS (THIS ACCREDITATION DOES NOT APPLY TO THE UNDERGRADUATE AND GRADUATE BUSINESS DEGREES OFFERED THROUGH THE DIVISION OF EXTENDED LEARNING). THE FIRE SCIENCE AND PUBLIC SAFETY ADMINISTRATION DEGREE PROGRAM IS ACCREDITED BY THE INTERNATIONAL FIRE SERVICE ACCREDITATION CONGRESS.TEACHER CERTIFICATION PROGRAMS AT THE GRADUATE AND UNDERGRADUATE LEVELS ARE APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA, DEPARTMENT OF EDUCATION. THE UNIVERSITY HAS ALSO BEEN APPROVED BY THE PENNSYLVANIA STATE BOARD OF NURSE EXAMINERS AND THE VETERANS ADMINISTRATION, AND IT IS A MEMBER OF THE AMERICAN ASSOCIATION FOR COLLEGES FOR TEACHER EDUCATION (AACTE) AND THE AMERICAN ASSOCIATION OF COLLEGES OF NURSING (AACN). 63690689 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 4385 0 996 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 20 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X ANNE MCMAHON AVPCONTROLLER 2673413205 9801 FRANKFORD AVE PHILADELPHIA PA 19114 WILLIAM STRECKER CHAIR 2.00 0.00 X X 0 0 0 WILLIAM MANDIA ESQ VICE CHAIR 2.00 0.00 X X 0 0 0 SISTER CYNTHIA MEYER CSFN MA SECRETARY 2.00 0.00 X X 0 0 0 JAMES BENNETT TRUSTEE 2.00 0.00 X 0 0 0 ALBERT T CHADWICK III TRUSTEE 2.00 0.00 X 0 0 0 ROGER FALLOON TRUSTEE 2.00 0.00 X 0 0 0 SISTER JANICE FULMER CSFN PHD TRUSTEE 2.00 0.00 X 0 0 0 JAMES P GALLAGHER PHD TRUSTEE 2.00 0.00 X 0 0 0 SISTER ROSEMARIE GRIFFIN CSFN TRUSTEE 2.00 0.00 X 0 0 0 DANIEL P KILCOYNE TRUSTEE 2.00 0.00 X 0 0 0 SISTER THEA KRAUSE CSFN PHD TRUSTEE 2.00 0.00 X 0 0 0 C WILLIAM MOFFITT TRUSTEE 2.00 0.00 X 0 0 0 SEAN O'HARA TRUSTEE 2.00 0.00 X 0 0 0 CAROLYN PADAVANO PHD RN TRUSTEE 2.00 0.00 X 0 0 0 ANNE M PRISCO PHD PRESIDENT 40.00 0.00 X X 218888 0 9775 SKARIA ROSHAN PULIMKALAYIL TRUSTEE 2.00 0.00 X 0 0 0 PATRICK RYAN ESQ TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH SLABINSKI III TRUSTEE 2.00 0.00 X 0 0 0 ALBERT M TANTALA SR TRUSTEE 2.00 0.00 X 0 0 0 MARY KEIRANS VASSALLO TRUSTEE 2.00 0.00 X 0 0 0 SISTER CELINE WARNILO CSFN LHD TRUSTEE 2.00 0.00 X 0 0 0 KAREN WOLD TRUSTEE 2.00 0.00 X 0 0 0 GERALD WYDRO MD TRUSTEE 2.00 0.00 X 0 0 0 RAY ANGELO TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 LORETTA HENNESSEY TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 DOMINIC MARANO TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 DENNIS COLGAN TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 ANNE MARIE PETTIT TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 ANTHONY SZUSZCZEWICZ TRUSTEE EMERITUS 1.00 0.00 X 0 0 0 MICHAEL MARKOWITZ VP FOR ACADEMIC AFF. 40.00 0.00 X 235276 0 18246 ERIC NELSON CFO 40.00 0.00 X 233883 0 21402 JAMES GARVEY VP FOR ADVANCEMENT 40.00 0.00 X 228657 0 33337 ABIGAIL WERNICKI VP STUDENT FOR ENROLLMENT 40.00 0.00 X 185571 0 15418 ROCHELLE A ROBBINS ACTING DEAN SCHOOL OF ARTS & SCIENCES 40.00 0.00 X 162315 0 26804 EUGENE KOVALCHICK VP FOR IT/CIO 40.00 0.00 X 174097 0 25983 JENNIFER LULING ASSOC VP HR 40.00 0.00 X 173359 0 26774 SHERRIE A MADIA VP OF MARKETING & COMMUNICATIONS 40.00 0.00 X 146508 0 9112 ANNE MCMAHON ASSOC VP CONTROLLER 40.00 0.00 X 144466 0 8837 JANET MCNELLIS ASSOC DEAN EDUCATION 40.00 0.00 X 144196 0 20138 2047216 0 215826 46 0 1 0 ATI 62277 COLLECTIONS CTR DRIVE CHICAGO IL 60693 TESTING SERVICE 827450 ELLUCIAN 4375 FAIR LAKES CT FAIRFAX VA 22033 ERP SYSTEM 437365 TANTALA ASSOCIATES LLC 6200 FRANKFORD AVE PHILADELPHIA PA 19135 ENGINEER CONSULTANT 114980 DELMARVA GROUP LLC (DMVG) 7209 LANCASTER PIKE HOCKESSIN DE 19707 WEBSITE DEVELOPER 100381 4 293715 21000 2073325 1543793 3931833 TUITION AND FEES 611600 71824941 71824941 AUXILIARY ENTERPRISES 611600 2878863 2878863 74703804 599381 599381 34000 10798 23202 23202 23202 4424868 2476 3458361 22274 966507 -19798 946709 946709 62537 293715 94938 -32401 -32401 5358 10624 -5266 -5266 FACILITIES RENTALS 900099 69244 69244 ATHLETICS 900099 44807 44807 TRUST MISC. INCOME 900099 39465 39465 166963 166963 320479 80487741 74703804 0 1852104 X 27816500 27816500 1238532 745462 493070 22654998 18940725 2999667 714606 546314 413505 105939 26870 1539520 1152346 335385 51789 1690280 1426171 216381 47728 27735 27735 8142997 5002958 3030212 109827 817143 5763 811380 1357539 684919 623387 49233 838760 812689 26071 280304 231036 46210 3058 1582814 1204313 378501 3196717 3196717 463820 21354 442466 TESTING EXPENSES 945665 945665 PRINTING 571092 383635 106175 81282 DUES AND SUBSCRIPTIONS 518246 358805 145871 13570 ATHLETICS 151853 151853 554732 196273 350450 8009 74935561 63690689 10138900 1105972 30085317 31274439 4573038 4135497 2474408 836095 3969284 4876538 510706 1430532 101600133 43555083 56600305 58045050 24485123 21312589 1590614 2104254 1163186 1186293 1781282 1573037 127233263 126774324 5837283 5305186 1356058 2352576 26790539 25192608 2981334 2809334 2221782 1800287 39186996 37459991 X 78604633 80999268 9441634 8315065 88046267 89314333 127233263 126774324 X 5552180 -4069031 -215083 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27320970 55399 -2733443 196110 24446816 21322160 193265 5982755 177210 27320970 21323645 71997 93678 167160 21322160 21009382 139954 327779 153470 21323645 20625876 128828 402768 148090 21009382 0.73000 0.27000 0.00000 0 0 2572164 2572164 79541860 32641014 46900846 14246450 9851762 4394688 5239659 1062307 4177352 58045050 REFUNDABLE LOAN PROGRAM 1535876 DEPOSITS HELD IN CUSTODY 153372 OPERATING LEASE PAYABLE 45062 GIFT ANNUITY LIABILITY 65977 1800287 X 48475752 -4069031 -28031583 -32100614 80576366 27735 -116360 -88625 80487741 47207686 116360 116360 47091326 27735 27816500 27844235 74935561 PART V, LINE 4: THE ENDOWMENT FUNDS HELD BY THE UNIVERSITY ARE INTENDED TO PROVIDE ADDITIONAL SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE UNIVERSITY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE UNIVERSITY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED ON FINANCIALS -27,816,500. CHANGE IN VALUE OF PERPETUAL TRUST -215,083. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -94,938. GAMING EXPENSES -10,624. RENTAL EXPENSES -10,798. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 94,938. GAMING EXPENSES 10,624. RENTAL EXPENSES 10,798. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED ON FINANCIALS 27,816,500. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT ON THE UNIVERSITY'S NONDISCRIMINATION POLICY IS INCLUDED IN THE UNIVERSITY'S PERIODIC NEWSPAPER ADVERTISEMENTS WHICH ARE PUBLISHED MORE THAN ONCE A YEAR. THEY ARE ALSO POSTED ON THE UNIVERSITY'S WEBSITE AND THE ELECTRONIC BULLETIN BOARDS THROUGHOUT CAMPUS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES VARIOUS FEDERAL GRANTS DIRECTLY FROM THE U.S. DEPARTMENT OF EDUCATION. AND THE COMMONWEALTH OF PENNSYLVANIA. TIGERS ON THE LOOSE 277557 238140 39417 4666 4500 34220 4500 13598 GOLF OUTING 58845 46845 12000 100 18877 3546 1 19850 8730 11120 9200 1331 400 356252 293715 62537 4766 13700 54428 4500 17544 94938 -32401 5358 2244 2013 5922 445 1 1.00000 5358 2244 2013 5922 445 10624 -5266 PA 1 0 0 0 0.00000 1.00000 0 0 0 STUDENT FINANCIAL AID 1775 27816500 X X 0 1 X X X X 0 1 0 0 0 0 0 0 0 JAMES GARVEY VP FOR ADVANCEMENT 228657 0 0 0 0 0 13550 0 19787 0 261994 0 0 0 ERIC NELSON CFO 233883 0 0 0 0 0 13787 0 7615 0 255285 0 0 0 MICHAEL MARKOWITZ VP FOR ACADEMIC AFF. 235276 0 0 0 0 0 9451 0 8795 0 253522 0 0 0 ANNE M PRISCO PHD PRESIDENT 191264 0 0 0 27624 0 0 0 9775 0 228663 0 0 0 ABIGAIL WERNICKI VP STUDENT FOR ENROLLMENT 185571 0 0 0 0 0 7071 0 8347 0 200989 0 0 0 JENNIFER LULING ASSOC VP HR 173359 0 0 0 0 0 10294 0 16480 0 200133 0 0 0 EUGENE KOVALCHICK VP FOR IT/CIO 174097 0 0 0 0 0 7898 0 18085 0 200080 0 0 0 ROCHELLE A ROBBINS ACTING DEAN SCHOOL OF ARTS & SCIENCE 162315 0 0 0 0 0 7486 0 19318 0 189119 0 0 0 JANET MCNELLIS ASSOC DEAN EDUCATION 144196 0 0 0 0 0 5353 0 14785 0 164334 0 0 0 SHERRIE A MADIA VP OF MARKETING & COMMUNICATIONS 146508 0 0 0 0 0 1755 0 7357 0 155620 0 0 0 ANNE MCMAHON ASSOC VP CONTROLLER 144466 0 0 0 0 0 8579 0 258 0 153303 0 0 0 PART I, LINE 1A IN LIEU OF A PRESIDENT'S HOUSE, THE PRESIDENT RECEIVES A HOUSING ALLOWANCE WHICH IS INCLUDED IN TAXABLE INCOME FOR THE PRESIDENT. A MEMBERSHIP FOR A SOCIAL CLUB IS PROVIDED FOR THE PRESIDENT FOR USE DURING THE HOSTING OF MEETINGS RELATED TO THE UNIVERSITY. PART I, LINE 4B THE PRESIDENT PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS IN 2021. A PA HIGHER EDUCATION FACILITIES 232243852 70917SHR7 2013-09-30 37928249 REFINANCING 0 0 0 A 12205000 37928249 642028 37286221 2013 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 ALBERT CHADWICK TRUSTEE 347490 SEE PART V 0 JAMES BENNETT TRUSTEE 783193 SEE PART V 0 SCHEDULE L, PART IV: ALBERT CHADWICK, TRUSTEE - AT CHADWICK IS A CONSTRUCTION FIRM UTILIZED FOR VARIOUS CAPITAL PROJECTS. CHADWICK SERVICE COMPANY PROVIDES MAINTENANCE AND REPAIR SERVICES TO THE UNIVERSITY TO SUPPORT OUR FACILITIES DEPARTMENT. AT CHADWICK IS OWNED BY ALBERT CHADWICK'S CHILDREN.JAMES BENNETT, TRUSTEE - JAMES BENNETT IS A SENIOR VP AT ELLUCIAN. ELLUCIAN IS THE UNIVERSITY'S ERP SYSTEM PROVIDER (FINANCIAL AND STUDENT SERVICES). FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE UNIVERSITY SHALL BE CSFN MISSION & MINISTRY, INC., A PENNSYLVANIA NONPROFIT. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE POWER TO APPROVE THE RECOMMENDATION OF THE BOARD OF TRUSTEES TO APPOINT OR REMOVE THE BOARD OF TRUSTEES OR ANY ONE OR MORE OF THE TRUSTEES OR THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNANCE AND OPERATIONS OF THE UNIVERSITY SHALL BE SUBJECT IN ALL RESPECTS TO THE RIGHT OF THE SOLE MEMBER TO EXERCISE RESERVED POWERS. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY PROVIDES A COPY OF THE 990, EXCLUDING SCHEDULE B FOR CONFIDENTIALITY, TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES IS REQUIRED TO AT LEAST ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. REVIEW OF CONFLICT OF INTEREST DISCLOSURES IS MONITORED BY THE PRESIDENT'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY RETAINS YAFFE & COMPANY TO WORK IN CONJUNCTION WITH EXECUTIVE COMPENSATION COMMITTEE TO DETERMINE THE COMPENSATION OF SENIOR ADMINISTRATION. YAFFE & COMPANY PROVIDES AN EXECUTIVE COMPENSATION SURVEY WHICH IS INCLUSIVE OF ALL COMPENSATION ASPECTS. REVIEW AND APPROVAL OF COMPENSATION IS DOCUMENTED VIA COMPENSATION COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 5,002,958. MANAGEMENT AND GENERAL EXPENSES 3,030,212. FUNDRAISING EXPENSES 109,827. TOTAL EXPENSES 8,142,997. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST -215,083. SISTERS OF THE HOLY FAMILY OF NAZARETH 310 NORTH RIVER ROAD DES PLAINES IL 60016 205728349 RELIGIOUS IL 501(C)(3) LINE 1 N/A 0 CSFN MISSION & MINISTRY INC 4001 GRANT AVE PHILADELPHIA PA 19114 205728802 RELIGIOUS PA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0