2023-05-15T15:26:14-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2021-07-01 231352655 LINCOLN UNIVERSITY LINC 4843658000 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 CHARLES T GRADOWSKI VP OF FINANCE & ADMINISTRATION 4843658000 2023-05-15 1 CHARLES GRADOWSKI 999009999 LAURA J KENNEY P00202198 6177170831 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CHARLES T GRADOWSKI 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 75480542 0 X WWW.LINCOLN.EDU X UNIVERSITY 1854 PA LINCOLN UNIVERSITY IS A PREMIER, HISTORICALLY BLACK UNIVERSITY THAT COMBINES THE BEST ELEMENTS OF A LIBERAL ARTS AND SCIENCES BASED UNDERGRADUATE CORE CURRICULUM, AND SELECTED GRADUATE PROGRAMS TO MEET THE NEEDS OF THOSE LIVING IN A HIGHLY TECHNOLOGICAL AND GLOBAL SOCIETY. 24 24 894 250 508605 563102 17458843 19321590 41262889 54728584 9919 9124 788230 1093950 59519881 75153248 0 1442598 0 0 33689728 33815002 0 0 1321369 34026243 34883808 67715971 70141408 -8196090 5011840 325037812 304892420 56703076 37658242 268334736 267234178 X LINCOLN UNIVERSITY IS A PREMIER, HISTORICALLY BLACK UNIVERSITY THAT COMBINES THE BEST ELEMENTS OF A LIBERAL ARTS AND SCIENCES BASED UNDERGRADUATE CORE CURRICULUM, AND SELECTED GRADUATE PROGRAMS TO MEET THE NEEDS OF THOSE LIVING IN A HIGHLY TECHNOLOGICAL AND GLOBAL SOCIETY. 0 0 54152209 1442598 55168991 EDUCATION, GENERAL/OTHER: ACADEMIC SUPPORT, STUDENT SERVICES AND SCHOLARSHIPS. THESE PROGRAMS PROVIDE GENERAL SUPPORT TO STUDENTS FOR HOUSING, FINANCIAL AID, COUNSELING, HEALTH INSURANCE AND STUDENT GOVERNMENT, INSTRUCTION AND LIBRARY, AUXILIARY ENTERPRISES, THE COST OF STUDENT HOUSING AND MEALS, RESEARCH AND SPONSORED PROGRAMS PRIMARILY CONSISTING OF GRANTS FUNDED BY FEDERAL, STATE AND LOCAL GOVERNMENTS TO SUPPORT THE UNIVERSITY'S INSTRUCTIONAL MISSION. 54152209 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 294 0 1 894 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X X CHARLES T GRADOWSKI 4843658000 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 19352 DR BRENDA ALLEN PRESIDENT 37.50 4.00 X X 311503 0 108833 ROBERT L ARCHIE TRUSTEE 0.25 0.00 X 0 0 0 ROBERT A ALLEN TRUSTEE 0.25 0.00 X 0 0 0 STEVEN BOARD TRUSTEE 0.25 0.00 X 0 0 0 GERALD BRUCE TRUSTEE 0.25 4.00 X 0 0 0 OWEN COOKS TRUSTEE 0.25 0.00 X 0 0 0 VAN CORBIN TRUSTEE 0.25 0.00 X 0 0 0 HONORABLE DR ANDREW E DINNIMAN TRUSTEE 0.25 0.00 X 0 0 0 WILLIAM F DUNBAR TRUSTEE 0.25 0.00 X 0 0 0 JUDITH L FITZGERALD TRUSTEE 0.25 0.00 X 0 0 0 NANDI JONES-CLEMENT TRUSTEE 0.25 0.00 X 0 0 0 JAMES W JORDAN TRUSTEE 0.25 0.00 X 0 0 0 HENRY M LANCASTER TRUSTEE 0.25 0.00 X 0 0 0 STEVEN KENRIC LEWIS TRUSTEE 0.25 0.00 X 0 0 0 MICHAEL HANCOCK TRUSTEE 0.25 0.00 X 0 0 0 KIMBERLY A LLOYD TRUSTEE 0.25 0.00 X 0 0 0 FELICIA A MCDADE TRUSTEE 0.25 0.00 X 0 0 0 REV DR FRANCES E PAUL TRUSTEE 0.25 0.00 X 0 0 0 DR CHARMAINE SPENCE ROCHESTER TRUSTEE 0.25 0.00 X 0 0 0 JOSE SABASTRO TRUSTEE 0.25 0.00 X 0 0 0 SANDRA F SIMMONS TRUSTEE 0.25 0.00 X 0 0 0 KEVIN E VAUGHAN TRUSTEE 0.25 0.00 X 0 0 0 COREY D B WALKER TRUSTEE 0.25 0.00 X 0 0 0 JOSEPH V WILLIAMS JR TRUSTEE 0.25 0.00 X 0 0 0 GREGORY WORKS TRUSTEE 0.25 0.00 X 0 0 0 CHARLES GRADOWSKI VP FOR FINANCE & ADMINISTRATION 37.50 4.00 X 181524 0 28656 JAKE TANKSLEY VP FOR HUMAN RESOURCES 37.50 0.00 X 137126 0 24005 DANA FLINT INTERIM CHAIR & PROFESSOR 37.50 0.00 X 133712 0 23728 DR LENETTA LEE VP FOR STUDENT SUCCESS 37.50 0.00 X 127756 0 26271 JUSTIN MCKENZIE CHIEF INFORMATION OFFICER 37.50 0.00 X 135683 0 0 DR TIFFANY LEE DIRECTOR OF INSTITUTIONAL RESEARCH 37.50 0.00 X 106518 0 21036 AVA WILLIS BARKSDALE FOUNDATION DIRECTOR 0.00 40.00 X 0 0 0 MARC PARTEE CHIEF OF POLICE 37.50 0.00 X 134764 0 13476 DR PATRICIA JOSEPH DEAN OF THE FACULTY 37.50 0.00 X 165544 0 26908 DR WILLIAM DADSON PROFESSOR 37.50 0.00 X 151803 0 32536 KATHLEEN COMISAK CAPITAL PROJECT MANAGER 37.50 0.00 X 155298 0 28509 DR JOHN CHIKWEM PROFESSOR 37.50 0.00 X 140777 0 15708 1882008 0 349666 33 0 1 0 ARAMARK MANAGEMENT SERVICES 1741 BUSINESS CENTER DRIVE RESTON VA 20190 FACILITIES MAINTENANCE CONTRACT 7053723 THOMPSON HOSPITALITY 505 HUNTMAR PARK DRIVE SUITE 350 HERNDON VA 20170 FOOD SERVICE PROVIDER 5362263 ELLUCIAN 4375 FAIR LAKES COURT FAIRFAX VA 22033 ERP SYSTEM PROVIDER 1150805 AVEANNA HEALTHCARE 1 BELMONT AVE STE 200 BALA CYNWYD PA 19004 COVID TESTING 618023 SEILBERLICH TRANE 66 SOUTHGATE BLVD NEW CASTLE DE 19720 HVAC CONTRACTOR 280900 15 3468160 15166000 687430 19321590 CONTRACTS & SPONSORED ACTIVITIES 611310 23789211 23789211 ROOM AND BOARD 611310 15784293 15784293 TUITION AND FEES 611310 15155080 15155080 54728584 9124 9124 709040 0 709040 709040 564102 144938 271797 327294 -55497 -55497 440407 440407 440407 75153248 55168991 508605 154062 X 1442598 1442598 1130723 373436 601853 155434 24974477 18336520 6145588 492369 2031746 1392486 593987 45273 3826842 2705923 1019661 101258 1851214 1275655 528625 46934 302420 302199 221 96629 96629 13947301 11409699 2473147 64455 78646 46486 28926 3234 3049112 2255290 393195 400627 39223 25431 13792 6179787 6153559 25924 304 1192358 1152754 33586 6018 616143 546962 63939 5242 1227510 11807 1215703 6515135 6515135 1131076 1131076 BAD DEBT 508468 508468 70141408 54152209 14667830 1321369 23288302 4613993 1206941 2989420 2316124 3121457 449660 1030531 197714 199384 983650 851224 397141212 158253691 236920473 238887521 57158689 47842082 2516259 5356808 325037812 304892420 8259247 7280983 10975967 1902523 23408750 22168789 208169 3108563 9343960 1537008 4506983 1660376 56703076 37658242 X 37488449 38434186 230846287 228799992 268334736 267234178 325037812 304892420 X 5011840 -6997050 884652 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 57097013 309448 -7207298 1442598 -210248 48966813 45469662 341529 12464918 1279096 -100000 57097013 45713731 322491 846288 709808 703040 45469662 42137327 -48049 5133887 1403719 105715 45713731 39278290 569892 3689712 1307000 93567 42137327 0.10700 0.55100 0.34200 0 0 1753058 1753058 342937893 127866803 215071090 34029517 19557053 14472464 18420744 10829835 7590909 238887521 47842082 F 47842082 STUDENT DEPOSITS 15525 ASSET RETIREMENT OBLIGATION 614322 GOVERNMENT ADVANCES OF STUDENT LOANS 1030529 1660376 80067832 -6997050 11911634 4914584 75153248 0 75153248 81168390 6195466 6195466 74972924 -4831516 -4831516 70141408 PART III, LINE 1A: THE UNIVERSITY MAINTAINS COLLECTIONS OF ART AND LITERATURE. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS NET ASSETS WITH DONOR RESTRICTIONS, IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED ITEMS ARE NOT REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROCEEDS FROM THE DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS AND ART OBJECTS THAT ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR THE DIRECT CARE OF THE EXISTING COLLECTION. THE UNIVERSITY DEFINES THE DIRECT CARE AS ACTIVITIES TO ENHANCE THE LIFE, USEFULNESS, AND OR QUALITY OF THE COLLECTION, THEREBY ENSURING THAT IT WILL CONTINUE TO BENEFIT THE PUBLIC FOR YEARS TO COME. PART III, LINE 4: THE ORGANIZATION'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. PART V, LINE 4: PRIMARILY SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS ATTENDING THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: STATE CONTRIBUTIONS FOR CAPITAL PROJECTS 11,502,186. ENDOWMENT CONTRIBUTIONS 409,448. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION OF STATE CONTRIBUTED ASSETS 6,195,466. PART XII, LINE 4B - OTHER ADJUSTMENTS: HEERF FUNDS IN THE AMOUNT -4,831,516. 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'S RACIAL NONDISCRIMINATORY POLICY IS PUBLICIZED IN THE STUDENT HANDBOOK AND IS HIGHLIGHTED IN ITS MEDIA ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 AS A STATE-RELATED UNIVERSITY, THE ORGANIZATION RECEIVES LEGISLATED DIRECT FINANCIAL ASSISTANCE FROM THE COMMONWEALTH OF PENNSYLVANIA. IN ADDITION, THE UNIVERSITY'S STUDENTS RECEIVE STATE AND FEDERAL AID THAT IS PAID TO THE UNIVERSITY FOR TUITION AND RELATED EXPENSES. STUDENT FINANCIAL AID IS IN THE FORM OF FEDERAL PELL, SEOG, ACG AND OTHER GRANTS, COMMONWEALTH GRANTS AND VARIOUS FEDERAL LOANS. 1 SCHOLARSHIPS 333 1442598 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X X 1 1 X X 0 0 0 0 0 0 0 0 0 DR BRENDA ALLEN PRESIDENT 311503 0 0 0 0 0 29000 0 79833 0 420336 0 0 0 CHARLES GRADOWSKI VP FOR FINANCE & ADMINISTRATION 181524 0 0 0 0 0 18423 0 10233 0 210180 0 0 0 DR PATRICIA JOSEPH DEAN OF THE FACULTY 165544 0 0 0 0 0 16675 0 10233 0 192452 0 0 0 DR WILLIAM DADSON PROFESSOR 151803 0 0 0 0 0 16095 0 16441 0 184339 0 0 0 KATHLEEN COMISAK CAPITAL PROJECT MANAGER 155298 0 0 0 0 0 16136 0 12373 0 183807 0 0 0 JAKE TANKSLEY VP FOR HUMAN RESOURCES 137126 0 0 0 0 0 13989 0 10016 0 161131 0 0 0 DANA FLINT INTERIM CHAIR & PROFESSOR 133712 0 0 0 0 0 13495 0 10233 0 157440 0 0 0 DR JOHN CHIKWEM PROFESSOR 140777 0 0 0 0 0 10079 0 5629 0 156485 0 0 0 DR LENETTA LEE VP FOR STUDENT SUCCESS 127756 0 0 0 0 0 13469 0 12802 0 154027 0 0 0 PART I, LINE 1A THE PRESIDENT IS REQUIRED BY CONTRACT TO RESIDE ON CAMPUS. THE PRESIDENT'S RESIDENCE IS ALSO USED FOR VARIOUS UNIVERSITY AND BOARD OF TRUSTEE FUNCTIONS. THE UNIVERSITY PROVIDES FOR PREMISES HOUSEKEEPING AND MAINTENANCE. THESE ARE NOT TREATED AS TAXABLE A PNC BANK NATIONAL ASSN 2013-10-03 29426858 ADV. REFUND-PA ECONDEVFINAUTH REVBONDS SER. 2004A AND ISSUANCE COST OF 2013A 0 0 0 A 29426858 29253305 173553 2016 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 7A THE COMMONWEALTH OF PENNSYLVANIA APPOINTS THE FOLLOWING VOTING BOARD MEMBERS: THE GOVERNOR APPOINTS FIVE MEMBERS INCLUDING HIM OR HERSELF. THE SENATE APPOINTS FOUR MEMBERS AND THE HOUSE OF REPRESENTATIVES APPOINTS FOUR. THE UNIVERSITY ALUMNI ASSOCIATION ALSO NOMINATES SIX BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD PRIOR TO FILING. THE FORM 990 IS ALSO POSTED ON THE UNIVERSITY'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MONITORS AND TRACKS COMPLIANCE WITH THE UNIVERSITY'S BY-LAWS CONFLICT OF INTEREST STATEMENT. THE ISSUANCE AND COLLECTION OF THE YEARLY STATEMENTS IS COORDINATED WITH THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION. THE CHAIR OF THE BOARD AND CHAIR OF THE AUDIT COMMITTEE ARE PROVIDED WITH COPIES OF ALL STATEMENTS. ENFORCEMENT OF THE POLICY AND OVERSIGHT OF ANY REPORTED CONFLICTS ARE ADJUDICATED BY THE TWO CHAIRS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD SETS AND APPROVES THE PRESIDENT'S COMPENSATION. ALL OTHER EMPLOYEE COMPENSATION IS ADMINISTERED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT THROUGH THE UNIVERSITY'S BUDGET PROCESS. THE BOARD AND VARIOUS BOARD COMMITTEES ARE PROVIDED WITH THE UNIVERSITY'S YEARLY OPERATING AND CAPITAL BUDGET DETAILS, WHICH ARE REVIEWED AND APPROVED BY A BOARD RESOLUTION. AN INDEPENDENT COMMITTEE OF TRUSTEES USED APPROPRIATE COMPARABLE COMPENSATION DATA AND THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY POSTS THE FOLLOWING GOVERNING DOCUMENTS ON ITS PUBLIC WEB PAGE: UNIVERSITY BYLAWS, UNIVERSITY POLICIES, ALL PASSED BOARD OF TRUSTEES RESOLUTIONS, BOARD OF TRUSTEES MEETING MINUTES, A LISTING OF ALL BOARD MEMBERS, A LISTING OF THE UNIVERSITY'S FIVE HIGHEST PAID EMPLOYEES, AND THE UNIVERSITY'S FORM 990. THE FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 11,409,699. MANAGEMENT AND GENERAL EXPENSES 2,473,147. FUNDRAISING EXPENSES 64,455. TOTAL EXPENSES 13,947,301. FORM 990, PART XI, LINE 9: STATE CONTRIBUTIONS FOR CAPITAL PROJECTS 11,502,186. ENDOWMENT CONTRIBUTIONS 409,448. DEPRECIATION OF STATE CONTRIBUTED ASSETS -6,195,466. HEERF PASS-THROUGHT TO STUDENTS -4,831,516. LINCOLN UNIVERSITY FOUNDATION OF PA 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 842085409 FUNDRAISING FOR THE UNIVERSITY PA 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0