2023-05-15T13:19:13-05:00 2022-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2021-07-01 231177930 URSINUS COLLEGE URSI 6104093000 601 EAST MAIN STREET COLLEGEVILLE PA 19426 ROBERT HERZOG VP, FINANCE AND ADMINISTRATION 6104093000 2023-05-12 1 ROBERT HERZOG XXX-XX-XXXX KERRI N BOGDA CPA P00760402 7177404863 2023-05-12 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ROBYN E HANNIGAN 601 EAST MAIN STREET COLLEGEVILLE PA 19426 179770381 0 X WWW.URSINUS.EDU X 1869 PA UNDERGRADUATE EDUCATION THAT ENABLES STUDENTS TO BECOME INDEPENDENT, RESPONSIBLE, AND THOUGHTFUL INDIVIDUALS. 27 21 1270 25 92489 59659 14348783 16721975 96237134 104194106 5534308 6038688 558708 800604 116678933 127755373 51775143 56282360 0 0 34855479 37289133 0 0 2045527 29536759 32915661 116167381 126487154 511552 1268219 337795514 315458613 73139538 70174838 264655976 245283775 X THE MISSION OF THE COLLEGE IS TO ENABLE STUDENTS TO BECOME INDEPENDENT, RESPONSIBLE, AND THOUGHTFUL INDIVIDUALS THROUGH A PROGRAM OF LIBERAL EDUCATION. THAT EDUCATION PREPARES THEM TO LIVE CREATIVELY AND USEFULLY, AND TO PROVIDE LEADERSHIP FOR THEIR SOCIETY IN AN INTERDEPENDENT WORLD. 0 0 96725348 56282360 84637328 ACADEMIC INSTRUCTION: URSINUS COLLEGE IS AN INDEPENDENT, FOUR YEAR LIBERAL ARTS COLLEGE FOUNDED IN 1869. THE MISSION OF THE COLLEGE IS TO ENABLE STUDENTS TO BECOME INDEPENDENT, RESPONSIBLE, AND THOUGHTFUL INDIVIDUALS THROUGH A PROGRAM OF LIBERAL EDUCATION. THE COLLEGE ENROLLS APPROXIMATELY 1,500 STUDENTS, APPROXIMATELY 92% OF WHOM LIVE IN COLLEGE RESIDENCE HALLS. AT THE START OF THE 2021-2022 ACADEMIC YEAR, THE COLLEGE ENROLLED 1,510 FULL-TIME EQUIVALENT STUDENTS FROM 35 STATES AND 11 COUNTRIES. 13592123 0 19556778 STUDENT SERVICES, INCLUDING HOUSING, ROOM & BOARD, AND ATHLETICS: THE COLLEGE OFFERS LIVING ACCOMMODATIONS FOR MOST OF ITS STUDENTS IN EITHER TRADITIONAL RESIDENCE HALLS INTEGRATED INTO THE CAMPUS, OR IN RENOVATED HISTORIC HOMES IN THE COMMUNITY THAT BORDER THE CAMPUS. STUDENTS MAY CHOOSE FROM A VARIETY OF MEAL PLANS AND MAY CHOOSE TO TAKE THEIR MEALS IN THE MAIN DINING HALL, OR IN ZACK'S, THE CAMPUS GRILL AND SNACK BAR. URSINUS OFFERS OPPORTUNITIES TO ACHIEVE ATHLETIC AND PERSONAL GOALS THROUGH INTERCOLLEGIATE ATHLETICS, CLUB SPORTS AND INTRAMURAL PROGRAMS. OVER 85% OF URSINUS STUDENTS INTEGRATE SOME ASPECT OF THE ATHLETIC PROGRAM INTO THEIR LIVES AT THE COLLEGE. 110317471 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 1 2154 0 1270 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 21 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 PA AK CT MD MN MS NM NY OR WA MA NH OH X X ROBERT HERZOG VP FOR FINANCE AND ADMINISTRATION 6104093484 601 EAST MAIN STREET COLLEGEVILLE PA 19426 ROBERT WONDERLING BOARD CHAIR (RES. 10/21) 2.00 X X 0 0 0 NINA B STRYKER ESQ VICE CHAIR 2.00 X X 0 0 0 WILBERT D ABELE TREASURER 2.00 X X 0 0 0 WILLIAM H BARNABY MD VOTING MEMBER 2.00 X 0 0 0 PATRICIA K BOWMAN VOTING MEMBER 2.00 X 0 0 0 PHILLIP DESIMONE VOTING MEMBER 2.00 X 0 0 0 JOHN M FESSICK VOTING MEMBER 2.00 X 0 0 0 CARL V BUCK III ESQ VOTING MEMBER 2.00 X 0 0 0 CYNTHIA J MARTIN VOTING MEMBER 2.00 X 0 0 0 MICHAEL CARTER MD VOTING MEMBER 2.00 X 0 0 0 TERRY CONNELL VOTING MEMBER 2.00 X 0 0 0 PATRICIA COSGRAVE VOTING MEMBER 2.00 X 0 0 0 CATHERINE GECZIK VOTING MEMBER 2.00 X 0 0 0 CAROL HAAS MD SECRETARY 2.00 X X 0 0 0 GRAHAM MACKENZIE VOTING MEMBER 2.00 X 0 0 0 MICHAEL MARKMAN ESQ VOTING MEMBER (RES. 12/21) 2.00 X 0 0 0 DONALD E PARLEE MD VOTING MEMBER 2.00 X 0 0 0 MICHAEL PIOTROWICZ VOTING MEMBER 2.00 X 0 0 0 DAVID ROSVOLD MD VOTING MEMBER 2.00 X 0 0 0 DR MARGARET WILLIAMS VOTING MEMBER 2.00 X 0 0 0 BRADLEY BREWSTER VOTING MEMBER 2.00 X 0 0 0 PHILIP RICHARD FLYNN CORSON VOTING MEMBER 2.00 X 0 0 0 KELLY FINCH MOBLEY VOTING MEMBER 2.00 X 0 0 0 CHRISTIAN P SOCKEL VOTING MEMBER 2.00 X 0 0 0 LAWRENCE A BAROCAS VOTING MEMBER 2.00 X 0 0 0 JOSEPH DESIMONE PHD VOTING MEMBER 2.00 X 0 0 0 CAROL MCILHENNY VOTING MEMBER 2.00 X 0 0 0 NANCY OPALACK VOTING MEMBER 2.00 X 0 0 0 KAREN SCHEU VOTING MEMBER 2.00 X 0 0 0 DR S BROCK BLOMBERG PRESIDENT (UNTIL 6/21) 50.00 X 339851 0 13123 JILL A MARSTELLER SVP FOR ADV./INT. PRES. 50.00 X 285745 0 21550 ANNETTE S PARKER VP FOR FINANCE & ADMINISTRATION 50.00 X 237383 0 12955 MARK B SCHNEIDER VP ACAD. AFFAIRS/DEAN OF COLLEGE 50.00 X 213350 0 16033 SHANNON ZOTTOLA VP AND DEAN OF ENROLLMENT 50.00 X 175800 0 15032 EUGENE SPENCER CHIEF INFORMATION OFFICER 50.00 X 198590 0 15610 ROBERT CLOTHIER VP & GENERAL COUNSEL 50.00 X 200605 0 22477 MARY CORRELL INTERIM VP FINANCE AND ADMIN. 50.00 X 176750 0 24200 AVA WILLIS-BARKSDALE AVP FOR ADVANCEMENT 50.00 X 179004 0 16811 LAURA MOLIKEN VP HEALTH AND WELLNESS 50.00 X 161925 0 7478 HEATHER C LOBBAN-VIRAVONG VP INCLUSIVITY & COMM. ENGAGEMENT 50.00 X 161250 0 23694 2330253 0 188963 38 0 1 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 7001978 OLYMPUS BUILDING SERVICES INC 1430 E MISSOURI AVENUE SUITE B25 PHOENIX AZ 85014 JANITORIAL SERVICES 2108640 MONSTER PAVING INC 1405 UXBRIDGE WAY NORTH WALES PA 19454 CONSTRUCTION 760408 PHILLYCOM INC 3801 GERMANTOWN PIKE SUITE 201F COLLEGEVILLE PA 19426 INFORMATION TECH SERVICES 402361 MEDIATELY LLC 525 SOUTH FLAGLER AVENUE SUITE 300 WEST PALM BEACH FL 33401 MARKETING 367000 39 221737 5027888 11472350 1950176 16721975 TUITION 611600 84622491 84622491 ROOM AND BOARD 611600 19226944 19226944 ATHLETICS 611600 253172 253172 STUDENT SERVICES 611600 76662 76662 AUXILIARY ENTERPRISES 611600 14837 14837 104194106 976371 92489 883882 14408 14408 531875 105462 426413 426413 426413 56922087 51859770 5062317 5062317 5062317 96899 221737 49776 47123 47123 CONFERENCES & SUMMER CAMPS 611600 119476 119476 BOOKSTORE COMMISSIONS 900099 94793 94793 GENERAL EDUCATION 900099 57374 57374 41017 41017 312660 127755373 104194106 92489 6746803 56155041 56155041 127319 127319 1668089 214892 1361131 92066 27424921 22030402 3989898 1404621 1736929 1209036 427687 100206 4391228 3012692 1141852 236684 2067966 1380923 568970 118073 272684 272684 96244 96244 362812 362812 4183256 3055985 1127003 268 566855 6029 560826 3202806 2033724 1169022 60 1148110 763289 384821 3350978 3054150 296828 968802 741959 226806 37 134876 83956 50914 6 2318278 2298859 19419 5843299 5226180 617119 1101186 569475 437702 94009 FOOD SERVICE 7195574 6842971 352574 29 OTHER EXPENSE 810826 344036 467407 -617 INSTRUCTION 541811 533238 8573 LIBRARY MATERIALS 464606 464606 352658 168709 183864 85 126487154 110317471 14124156 2045527 249111 181463 7305445 16251751 4996817 2926118 368986 919992 80248 106698 1206859 1145196 240306925 103237087 140129366 137069838 138801644 116202181 32185824 28824042 731199 582182 11740015 11249152 337795514 315458613 4195312 3918540 137017 403298 59205729 56712975 9601480 9140025 73139538 70174838 X 114344772 115269314 150311204 130014461 264655976 245283775 337795514 315458613 X 1268219 -18817273 -2000000 176853 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 11.00 1 0 7403 9653771 X X X X 0 158993585 4357578 -12785396 4635387 7221078 362812 138346490 134100371 1695990 35400157 4447329 7476492 279112 158993585 137883476 1721427 3578613 2795192 5788512 499441 134100371 138781130 1892707 6162346 2147448 6346877 458382 137883476 136771157 1874069 8708865 3084734 5016652 471575 138781130 0.12546 0.68708 0.18746 1 0 792618 792618 192530641 73138437 119392204 30920851 18040859 12879992 14798968 12057791 2741177 1263847 1263847 137069838 ALTERNATIVE INVESTMENTS 16055667 F HELD BY OTHERS - CLAMER 8466861 F GOLDMAN SACH DIST FUND LP 256299 F KOCH TRUST - HARVARD MGMT 1026296 F OAKTREE CAPITAL MGT DISTR FUND 1234 F HELD BY OTHERS - PATTERSON 505961 F LINCOLN ANNUITY - DAVIS #2 929738 F 482 E. MAIN STREET 510000 F 454 E. MAIN STREET 1071986 F 28824042 ANNUITY REQUIREMENTS 5316578 ASSET RETIREMENT OBLIGATION 2072120 U.S. GOVERNMENT GRANTS REFUNDABLE 610313 RETIREMENT OBLIGATIONS 256007 REFUNDABLE DEPOSITS 885007 9140025 X 53050792 -18817273 1500 -54044046 -72859819 125910611 1844762 1844762 127755373 72422993 1500 379718 381218 72041775 54445379 54445379 126487154 PART II, LINE 9: THE COLLEGE DOES NOT REPORT THE CONSERVATION EASEMENT ON ITS REVENUE AND EXPENSE STATEMENT OR BALANCE SHEET. PART III, LINE 4: THE PERMANENT ART COLLECTION HOUSED IN THE PHILIP AND MURIEL BERMAN MUSEUM OF ART AT URSINUS COLLEGE PROVIDES A VALUABLE CULTURAL RESOURCE FOR THE CAMPUS COMMUNITY. THE MUSEUM, IN CONJUNCTION WITH THE ART DEPARTMENT, INTEGRATES THE RICH RESOURCES PROVIDED BY THE COLLECTION INTO ACADEMIC PROGRAMMING, FOCUSING ON IMPORTANT TEXTS RELATED TO THE COLLECTIONS. PART V, LINE 4: ENDOWMENT FUNDS PROVIDE RETURNS THAT ARE USED TO SUPPORT THE OPERATIONS OF THE COLLEGE. SPECIFICALLY, ENDOWMENTS ARE ESTABLISHED TO SUPPORT STUDENT SCHOLARSHIPS AND PRIZES, EDUCATIONAL PROGRAMS, SPECIFIC CAPITAL PURCHASES AND OTHER OPERATIONAL NEEDS. PART X, LINE 2: THE COLLEGE RECOGNIZES A TAX POSITION BASED ON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE'S MANAGEMENT DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON ANNUITY LIABILITY -114,640. SCHOLARSHIPS -54,082,567. INVESTMENT FEES -362,812. CHANGE IN VALUE OF LIFE INSURANCE ANNUITIES -1,763. CHANGE IN CASH SURRENDER VALUE 1,305. GAIN ON BOND REFINANCING 291,951. EXPENSES NET WITH INCOME ON RETURN 224,480. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -49,776. RENTAL EXPENSES -105,462. PRIOR PERIOD ADJUSTMENT TO PLEDGES 2,000,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 49,776. RENTAL EXPENSES 105,462. EXPENSES NET WITH INCOME ON RETURN 224,480. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 54,082,567. INVESTMENT FEES 362,812. 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 COLLEGE'S NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL PRINTED AND BROADCAST ADVERTISING, AS WELL AS IN THE COLLEGE CATALOG. IT IS ALSO POSTED IN VARIOUS LOCATIONS ON CAMPUS. SCHEDULE E, PART I, LINE 6 URSINUS COLLEGE RECEIVES FINANCIAL AID/ASSISTANCE FROM VARIOUS FEDERAL (U.S. DEPARTMENT OF EDUCATION, FEDERAL WORK-STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY, HIGHER EDUCATION EMERGENCY RELIEF FUND AND CARES ACT FUNDING) AND STATE (COMMONWEALTH OF PENNSYLVANIA) GOVERNMENTAL AGENCIES INCLUDING THE COLLEGE WORK STUDY PROGRAMS AND THE PELL GRANT PROGRAM. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS INVESTMENTS 16055667 0 0 0 0 0 0 16055667 0 16055667 STUDY ABROAD EUROPE (INCLUDING ICELAND & GREENLAND) 7 127319 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART VI, LINES 1, 3, 5: THE ORGANIZATION HAD TRANSFERS TO FOREIGN CORPORATIONS IN THE CURRENT FISCAL YEAR WHICH MET THE THRESHOLDS FOR FILING FORMS 926. FORMS 926 ARE ATTACHED TO THIS RETURN AS REQUIRED. THE ORGANIZATION HAD INVESTMENTS IN FOREIGN CORPORATIONS BUT DID NOT MEET THE THRESHOLD FOR FILING FORM 5471. SOME OF THESE FOREIGN CORPORATIONS MAY BE PASSIVE FOREIGN INVESTMENT CORPORATIONS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 8621 AS THE DISTRIBUTIONS WERE NOT CATEGORIZED AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD INVESTMENTS IN FOREIGN PARTNERSHIPS BUT DID NOT MEET THRESHOLDS FOR FILING FORMS 8865. BEAR2BEAR BENEFIT 294565 208366 86199 45242 MEN'S BASKETBALL GOLF OUTING 24071 13371 10700 4534 318636 221737 96899 49776 49776 47123 1 HOUSING 106 94836 SCHOLARSHIPS 2259 55797464 COST TUITION REDUCTION SUMMER RESEARCH STIPENDS 110 262741 PART I, LINE 2: URSINUS COLLEGE PROVIDED GRANTS TOTALING $94,836 TO 106 URSINUS COLLEGE STUDENTS IN GOOD ACADEMIC STANDING FOR CAMPUS HOUSING, PRIMARILY FOR SUMMER RESEARCH. THE GRANTS ARE APPLIED DIRECTLY TO THE STUDENTS' ACCOUNTS AT URSINUS COLLEGE. URSINUS COLLEGE PROVIDED GRANTS TOTALING $56,155,041 TO 2,259 URSINUS COLLEGE STUDENTS IN GOOD ACADEMIC STANDING FOR TUITION, FEES, AND ROOM AND BOARD FOR THE ACADEMIC YEAR 2021-22. THE GRANTS ARE APPLIED DIRECTLY TO THE STUDENTS' ACCOUNTS AT URSINUS COLLEGE. URSINUS COLLEGE PROVIDED GRANTS TOTALING $262,741 TO 110 URSINUS COLLEGE STUDENTS IN GOOD ACADEMIC STANDING FOR STIPENDS WHILE ENGAGED IN SUMMER RESEARCH PROJECTS ON CAMPUS. THE STIPENDS ARE DISBURSED VIA PAYROLL TO THE INDIVIDUAL STUDENTS. X X X 0 1 X X X X X 0 1 0 0 0 0 0 1 0 DR S BROCK BLOMBERG PRESIDENT (UNTIL 6/21) 323081 0 0 0 16770 0 7161 0 5962 0 352974 0 0 0 JILL A MARSTELLER SVP FOR ADV./INT. PRES. 285745 0 0 0 0 0 12271 0 9279 0 307295 0 0 0 ANNETTE S PARKER VP FOR FINANCE & ADMINISTRATION 231383 0 6000 0 0 0 6071 0 6884 0 250338 0 0 0 MARK B SCHNEIDER VP ACAD. AFFAIRS/DEAN OF COLLEGE 213350 0 0 0 0 0 7466 0 8567 0 229383 0 0 0 ROBERT CLOTHIER VP & GENERAL COUNSEL 200605 0 0 0 0 0 7382 0 15095 0 223082 0 0 0 EUGENE SPENCER CHIEF INFORMATION OFFICER 198590 0 0 0 0 0 6949 0 8661 0 214200 0 0 0 MARY CORRELL INTERIM VP FINANCE AND ADMIN. 176750 0 0 0 0 0 6475 0 17725 0 200950 0 0 0 AVA WILLIS-BARKSDALE AVP FOR ADVANCEMENT 179004 0 0 0 0 0 6844 0 9967 0 195815 0 0 0 SHANNON ZOTTOLA VP AND DEAN OF ENROLLMENT 175800 0 0 0 0 0 6475 0 8557 0 190832 0 0 0 HEATHER C LOBBAN-VIRAVONG VP INCLUSIVITY & COMM. ENGAGEMENT 161250 0 0 0 0 0 6125 0 17569 0 184944 0 0 0 LAURA MOLIKEN VP HEALTH AND WELLNESS 161925 0 0 0 0 0 5600 0 1878 0 169403 0 0 0 PART I, LINE 1A HOUSING AND CLEANING SERVICES WERE PROVIDED TO THE COLLEGE PRESIDENT AS A CUSTOMARY BENEFIT PROVIDED BY INSTITUTIONS OF HIGHER LEARNING. NO PART OF THE HOUSING WAS TREATED AS TAXABLE COMPENSATION. CLEANING SERVICES FOR THE PRESIDENT'S PERSONAL QUARTERS WERE TREATED AS TAXABLE COMPENSATION. THE COLLEGE PROVIDES PAYMENT OF THE SOCIAL CLUB DUES FOR THE PRESIDENT AND VP OF ADVANCEMENT. PERSONAL USE IS ADDED TO FORM W-2 WAGES. PERSONAL SERVICES CONSISTED OF CLEANING SERVICES FOR THE PRESIDENT'S HOUSE AS MENTIONED ABOVE AND ATTORNEY FEES FOR PRESIDENT'S COMPENSATION CONTRACT REVIEW. PART I, LINE 4B DR. S. BROCK BLOMBERG (PRESIDENT) PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN. NO EMPLOYER CONTRIBUTIONS TO THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2021. PART I, LINE 7 ANNETTE S. PARKER, VP FOR FINANCE & ADMINISTRATION, WAS AWARDED A DISCRETIONARY BONUS BASED UPON A NUMBER OF CRITERIA WHICH INCLUDED BOTH FINANCIAL AND NON-FINANCIAL GOALS BEING MET. THE EXECUTIVE COMMITTEE AND BOARD DECIDED ON AND APPROVED THE BONUS. A PHEFA 232243852 70917R6A8 2012-05-21 19896653 ADVANCE REFINANCE OF BONDS 0 0 0 B PHEFA 232243852 70917SEL3 2013-05-01 13610477 CURRENT REFINANCE OF BONDS 0 0 0 C PHEFA 232243852 70917SRK1 2015-04-15 12107667 ADVANCE REFINANCE OF BONDS 0 0 0 D MCHEHA 232328939 613603WD7 2016-11-22 24357518 CONSTRUCTION OF FACILITIES 0 0 0 A 18035000 19939315 1369188 356268 19540385 2012 0 1 1 1 B 4495000 13610581 257600 13352877 2013 1 0 1 1 C 1715000 12107677 231823 11875854 2015 0 1 1 1 D 9900000 24410581 615193 242975 23499350 2019 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 1 0 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PHEFA DATE THE REBATE COMPUTATION WAS PERFORMED: 06/22/2021 ISSUER NAME: PHEFA DATE THE REBATE COMPUTATION WAS PERFORMED: 02/17/2016 ISSUER NAME: MCHEHA DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2020 ISSUER NAME: MCHEHA DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2020 A MCHEHA 232328939 613603ZM4 2019-04-17 11761136 CURRENT REFINANCE OF BONDS 0 0 0 B PHEFA 232243852 70917TEX5 2022-04-12 9782501 CURRENT REFINANCE OF BONDS 0 0 0 A 11761136 184636 1406042 10170458 2019 1 0 1 1 B 9782501 184999 9597502 2022 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 0 0 0 0 0 A 1 B 1 PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 16345 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 31500 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 35000 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 14750 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 70000 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 29610 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 21000 GRANTS & SCHOLARSHIPS TUITION & FEES PER IRS INSTRUCTIONS NAMES ARE NOT MADE PUBLIC PER IRS INSTRUCTIONS, INTERESTED PERSONS ARE NOT INDIVIDUALLY NAMED. 35000 GRANTS & SCHOLARSHIPS TUITION & FEES SCHEDULE L, PART III GRANTS FOR TUITION AND FEES ARE PROVIDED ON THE SAME CRITERIA FOR ALL STUDENTS BASED ON ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. X 7 7403 APPRAISALS X 43 669632 NYSE X 1 1200000 APPRAISAL X BEAR2BEAR SILENT AUCTION ITEMS 43 38436 PURCHASE PRICE X FOOD FOR EVENTS 2 19203 PURCHASE PRICE X EQUIPMENT 1 15500 APPRAISAL 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B FOR LINES 1, 9 AND 15 REPRESENTS THE NUMBER OF CONTRIBUTIONS. THE NUMBER IN COLUMN B FOR THE REST OF THE LINES REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE NINA STRYKER IS TRUSTEE WILL ABELE'S PERSONAL ATTORNEY AND ATTORNEY FOR THE ABELE FAMILY FOUNDATION. CATHERINE GECZIK IS A SCHOLARSHIP APPLICANT REVIEWER FOR THE ABELE FAMILY FOUNDATION. FOUR TRUSTEES HAVE CHILDREN WHO ARE ENROLLED AT THE COLELGE AND RECEIVE FINANCIAL AID. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED TO REFLECT NEW TERMS FOR THE BOARD CHAIR AND OTHER OFFICERS. CHANGES TO RIGHTS FOR TRUSTEES EMERITUS WERE ALSO UPDATED. OTHER MINOR CHANGES WERE ALSO NOTED AS WELL. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS DISTRIBUTED AND REVIEWED PRIOR TO FILING AT A SPECIALLY-CONVENED MEETING OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPLETED FORM 990 WAS MADE AVAILABLE TO THE FULL BOARD IN ELECTRONIC FORMAT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES, OFFICERS, AND KEY EMPLOYEES COMPLETE A DISCLOSURE OF CONFLICT STATEMENT ANNUALLY. THE STATEMENT EXPRESSLY MENTIONS FAMILY AND BUSINESS RELATIONSHIPS AS BEING SOURCES OF POTENTIAL CONFLICTS. THE EXECUTIVE COMMITTEE FOR THE COLLEGE MONITORS THE POLICY AND STATEMENTS MADE BY TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THOSE WHO HAVE A CONFLICT OF INTEREST ARE ASKED TO REFRAIN FROM PARTICIPATING IN CONSIDERATION OF PROPOSED TRANSACTIONS, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION. PERSONS WITH CONFLICTS SHALL NOT VOTE, PARTICIPATE IN DISCUSSIONS, OR BE PRESENT AT THE TIME OF VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION OF URSINUS COLLEGE CONDUCTS A STUDY EACH YEAR OF THE SALARIES AND BENEFITS FOR THE PRESIDENT, CHIEF ACADEMIC OFFICER, CHIEF BUSINESS OFFICER, CHIEF DEVELOPMENT OFFICER, CHIEF ENROLLMENT OFFICER, GENERAL COUNSEL, AND DEAN OF STUDENT LIFE. THE STUDY DOCUMENTS THE SALARIES AND BENEFITS OF THOSE IN SIMILAR POSITIONS IN THE OTHER CENTENNIAL CONFERENCE COLLEGES: BRYN MAWR, DICKINSON, FRANKLIN & MARSHALL, GETTYSBURG, HAVERFORD, MCDANIEL, MUHLENBERG, SWARTHMORE AND WASHINGTON. THE STUDY PRESENTS THE DATA AS BOTH TABLES AND GRAPHS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION OF THE PRESIDENT OF THE COLLEGE AND REVIEWS AND APPROVES THE COMPENSATION RECOMMENDATIONS OF THE PRESIDENT FOR THE OTHER OFFICERS. THE STUDY PREPARED BY THE ASSOCIATE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION IS PROVIDED TO THE CHAIR OF THE BOARD AS SUPPORTING DOCUMENTATION FOR THE DISCUSSION OF COMPENSATION IN THE EXECUTIVE COMMITTEE MEETING. THE RESULTS OF THE DELIBERATION PROCESS WERE DOCUMENTED IN SALARY LETTERS SENT TO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 URSINUS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORMS 990 AND 990-T AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS AND FORMS 990 AND 990-T ARE ALSO AVAILABLE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: ACTUARIAL LOSS ON ANNUITY LIABILITY -114,640. CHANGE IN VALUE OF LIFE INSURANCE ANNUITIES -1,763. CHANGE IN CASH SURRENDER VALUE 1,305. GAIN ON BOND REFINANCING 291,951. 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