2025-05-15T09:33:03-05:00 2024-06-30 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2023-07-01 240839402 LACKAWANNA COLLEGE LACK 5709617846 501 VINE STREET SCRANTON PA 18509 JOHN RISBOSKIN VP FOR FINANCE AND ADMIN 5709617846 2025-05-15 1 1 MARY ANN NOVAK CPA P01056330 5709610345 2025-05-15 2023 2025-03-06 01:10:19Z JILL MURRAY PHD 501 VINE STREET SCRANTON PA 18509 44609523 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. 13 12 686 0 0 0 5245763 3489239 33463206 35002752 528063 1684838 185940 119052 39422972 40295881 2845271 2996091 0 0 16410139 17688619 0 0 733419 16529721 17115782 35785131 37800492 3637841 2495389 79386578 79053630 23518978 21168268 55867600 57885362 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 22971626 2996091 29396014 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 2023, LACKAWANNA ENROLLED NEARLY 1,890 UNDERGRADUATE STUDENTS. 4093705 3766768 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. 1496919 1839970 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. 28562250 1 1 0 1 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 4534 0 1 686 1 0 0 0 0 0 0 0 0 0 0 X 13 12 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 JODY CORDARO VICE CHAIRPERSON 1.00 X 0 0 0 HAROLD FLACK 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 MICHAEL AVVISATO TRUSTEE 1.00 X 0 0 0 TONY PIAZZA ESQ 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 210790 0 21769 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 40.00 X 130846 0 31204 JOHN RISBOSKIN VP FOR FINANCE AND ADMINIS 40.00 X 120236 0 23087 BRIAN COSTANZO VP FOR GOVT AFFAIRS 40.00 X 117911 0 30604 RENEE MUNDY VP FOR HUMAN RESOURCES 40.00 X 119354 0 23087 ERICA BARONE PRICCI PROVOST 40.00 X 136290 0 9417 ROBIN CRANE ROBOTICS PROGRAM DIRECTOR 40.00 X 102297 0 14850 937724 0 154018 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 COX MEDIA GROUP PO BOX 83195 CHICAGO IL 60691 MARKETING SERVICE 573274 POSTLER & JAECKLE CORPORTATION 503 YATESVILLE ROAD JENKINS TOWNSHIP PA 18640 MECHANICAL CONTRACTOR 469990 5 1989733 1499506 3489239 EDUCATIONAL 611310 29396014 29396014 AUXILIARY 611710 3766768 3766768 CONTINUING ED AND MISC PROGRAM 611710 1839970 1839970 35002752 698101 698101 71459 0 71459 71459 71459 5202807 4182701 33369 1020106 -33369 986737 986737 145165 97572 47593 47593 40295881 35002752 0 1803890 2996091 2996091 835427 717516 117911 12350130 10093203 1958016 298911 559337 404739 134218 20380 2958617 2099626 746439 112552 985108 754075 199892 31141 422251 422251 38000 38000 829233 828573 660 3453913 2971991 438770 43152 505596 439317 32043 34236 536501 486084 50417 3020906 2578732 403955 38219 SERVICES- VARIOUS 4156772 3219085 918372 19315 OTHER 2502539 995239 1507300 SUPPLIES 1650071 1524068 109061 16942 37800492 28562250 8504823 733419 2188955 1960599 12202919 10862030 376128 112163 1129942 1117094 112620 178586 436212 388180 79226743 40775143 41665565 38451600 13960480 17314777 2476798 2476798 4836959 6191803 79386578 79053630 2938460 1996845 412341 570828 15627692 14467052 81230 39833 4459255 4093710 23518978 21168268 X 47917905 48326068 7949695 9559294 55867600 57885362 79386578 79053630 X 2495389 511825 -989452 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 19800 0 0 19800 0 10037735 1524109 132399 11429445 8995369 1000 1131844 90478 10037735 9677215 30050 -662581 49315 8995369 9005079 64450 1769229 1161543 9677215 8357896 458149 319306 130272 9005079 0.49120 0.21670 0.29210 0 0 1774346 1774346 54529097 26427044 28102053 2010955 1883556 127399 17669437 12464543 5204894 3242908 3242908 38451600 CONTRIBUTIONS RECEIVABLE 598276 OPERATING LEASE RIGHT-OF-USE ASSETS 3656379 ASSETS HELD FOR SALE 1200000 BENEFICIAL INTEREST IN CHARTIABLE TRUST 737148 6191803 OPERATING LEASE LIABILITIES 3903935 REFUNDABLE ADVANCES 189775 4093710 X 36919735 511825 -989452 -477627 37397362 2898519 2898519 40295881 34901973 97572 97572 34804401 2996091 2996091 37800492 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 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPAIRMENT LOSS -1,071,166. BENEFICIAL INTEREST IN CHARITABLE TRUST 81,714. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -97,572. SCHOLARSHIPS 2,996,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 97,572. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 2,996,091. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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 83100 83100 72059 GOLF TOURNAMENT 62065 62065 25513 145165 145165 97572 97572 47593 1 SCHOLARSHIPS 847 2996091 X X X X 0 0 0 0 0 0 0 0 0 DR JILL MURRAY PRESIDENT 210790 0 0 0 0 0 12420 0 9349 0 232559 0 0 0 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 130846 0 0 0 0 0 7800 0 23404 0 162050 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 1 B 0 0 0 1 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 0 B 0 C 0 D 0 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 -1,071,166. BENEFICIAL INTEREST IN CHARTIABLE TRUST 81,714. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.