2021-04-13T10:39:45-05:00 2020-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2019-07-01 250965212 ALLEGHENY COLLEGE ALLE 8143324790 520 NORTH MAIN STREET MEADVILLE PA 16335 LINDA S WETSELL VICE PRESIDENT OF FINANCE/CFO 8143324790 2021-04-01 1 EUGENE J LOGAN P00227231 4122613644 2019 2022-09-23 18:48:47Z HILARY L LINK PRESIDENT 520 NORTH MAIN STREET MEADVILLE PA 16335 248646374 0 X WWW.ALLEGHENY.EDU X 1817 PA FOUR YEAR INSTITUTION OF HIGHER EDUCATION. 36 30 1811 59 0 -80814 21250116 18830018 103200757 101830071 13720495 12650084 11 -33984 138171379 133276189 52972212 55666176 0 0 40605134 39808724 0 0 2767240 35425546 37122475 129002892 132597375 9168487 678814 397585888 394705721 83059187 78871074 314526701 315834647 X ALLEGHENY'S UNDERGRADUATE RESIDENTIAL EDUCATION PREPARES YOUNG ADULTS FOR SUCCESSFUL, MEANINGFUL LIVES BY PROMOTING STUDENTS' INTELLECTUAL, MORAL AND SOCIAL DEVELOPMENT, AND ENCOURAGING PERSONAL AND CIVIC RESPONSIBILITY. ALLEGHENY'S FACULTY AND STAFF COMBINE HIGH ACADEMIC STANDARDS AND A COMMITMENT TO THE EXCHANGE OF KNOWLEDGE WITH A SUPPORTIVE APPROACH TO LEARNING. GRADUATES ARE EQUIPPED TO THINK CRITICALLY AND CREATIVELY, WRITE CLEARLY, SPEAK PERSUASIVELY, AND MEET CHALLENGES IN A DIVERSE INTERCONNECTED WORLD. 0 0 106888761 55666176 84044672 INSTRUCTION AND SCHOLARSHIP: PROVIDED LIBERAL ARTS, PRIVATE FOUR YEAR HIGHER EDUCATION TO STUDENTS AND SUPPORTED THAT EFFORT WITH LIBRARY AND MEDIA RESOURCES AND REMEDIAL AND SPECIAL INTEREST CLASSES.ASSISTED STUDENTS TO ATTAIN THEIR DEGREE BY HELPING TO FINANCE THE COST FROM GIFTS, GRANTS, ENDOWMENT INCOME, AND COLLEGE RESOURCES.IN MARCH 2020, DUE TO THE PANDEMIC, THE COLLEGE WENT FROM ON CAMPUS LIVING AND LEARNING TO REMOTE. LEARNING REMOTELY THROUGH THE END OF THE SEMESTER RESULTED IN A 40% REFUND OF AUXILIARY REVENUE ASSOCIATED WITH ROOM AND BOARD FOR THAT PERIOD. PRESIDENT LINK ESTABLISHED THE ALLEGHENY COLLEGE HEALTH AGENCY TO FILL THE GAP IN AVAILABLE CLINICAL AND PUBLIC HEALTH SERVICES. IN ADDITION, SHE ALSO ESTABLISHED 12 OPERATIONAL TEAMS TO PROACTIVELY DEVELOP PROTOCOLS AND POLICIES ON THE IMPACT OF THE PANDEMIC ON COLLEGE OPERATIONS SHOULD THE COLLEGE NEED TO MOVE TO REMOTE OPERATIONS INCLUDING PANDEMIC SAFETY, FACILITIES, COMMUNICATIONS, TECHNOLOGY REQUIREMENTS FOR CLASSROOMS, EVENTS, VISITORS TO CAMPUS AND MORE. 9664704 0 17785399 AUXILIARY ENTERPRISES: PROVIDED HOUSING AND DINING SERVICES AND FACILITIES TO STUDENTS AS A RESIDENTIAL INSTITUTION. 116553465 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 1 2764 0 1 1811 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 36 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK MS NH NJ VA WA AL AR CA CO CT DC FL GA KS HI KY LA ME MD MA MI MN MO NV NM NY NC ND OH OK OR RI SC TN TX UT WV WI X LINDA WETSELL VICE PRESIDENT OF FINANCE & CFO 8143324790 520 NORTH MAIN STREET MEADVILLE PA 16335 JAMES H MULLEN JR PRESIDENT EMERITI 50.00 X 367077 0 87217 CORNELL B LESANE II VP FOR ENROLLMENT 50.00 X 188193 0 135928 RONALD COLE PROVOST 50.00 X 210206 0 87964 EILEEN PETULA EXECUTIVE VP & COO (EXITED 4/20) 50.00 X 213245 0 78217 HILARY L LINK PRESIDENT 50.00 X X 193148 0 60914 APRIL THOMPSON VP OF STUDENT LIFE AND DOS 50.00 X 173866 0 58618 DOUGLAS C SMITH - SENIOR PHILANTHR. ADVISOR FOR THE CAMPAIGN 50.00 X 171065 0 40954 LINDA WETSELL VICE PRESIDENT OF FINANCE & CFO 50.00 X 164318 0 39510 RICHARD A HOLMGREN VP FOR INFO. SVCS & ASSESSMENT 50.00 X 150677 0 42200 JENNIFER PADLAN DIRECTOR, HUMAN RESOURCES 50.00 X 109902 0 82929 MARJORIE S KLEIN VP FOR DEVELOPMENT & ALUMNI AFFAIRS 50.00 X 137951 0 36214 SUSAN SALTON VP FOR COLLEGE RELATIONS 50.00 X 123055 0 32080 CHRISTIAN L ALLISON TRUSTEE 15.00 X 10500 0 0 YVONNE LA TRELLE HOBBS ALLEN TRUSTEE 2.00 X 0 0 0 KEVIN BAIRD TRUSTEE 2.00 X 0 0 0 EDWARD JOSEPH BORKOWSKI TRUSTEE 2.00 X 0 0 0 WILLOW BROST TRUSTEE 2.00 X 0 0 0 WILLIAM H BROWN TRUSTEE 2.00 X 0 0 0 CURT A CRAMER TRUSTEE 2.00 X 0 0 0 JENNIFER DAURORA TRUSTEE 2.00 X 0 0 0 GARY M ELLIOTT TRUSTEE 2.00 X 0 0 0 TERRENCE L HARTFORD TRUSTEE 2.00 X 0 0 0 JUDITH THOMAS HORGAN TRUSTEE 2.00 X 0 0 0 DUSTY E KIRK TRUSTEE 2.00 X 0 0 0 JOHN KUTZ TRUSTEE 2.00 X 0 0 0 ROBERT A MARCHMAN TRUSTEE 2.00 X 0 0 0 BISHOP CYNTHIA MOORE-KOIKIO TRUSTEE 2.00 X 0 0 0 CHRISTINE NELSON TRUSTEE 2.00 X 0 0 0 JEROME V NELSON TRUSTEE 2.00 X 0 0 0 JOHN H NILES JR MD TRUSTEE 2.00 X 0 0 0 TIMOTHY L REEVES TRUSTEE 2.00 X 0 0 0 THOMAS J SADVARY TRUSTEE 2.00 X 0 0 0 JULIE G SKATTUM TRUSTEE 2.00 X 0 0 0 ROBERT L SMITH JR TRUSTEE 2.00 X 0 0 0 SUE STEVEN TRUSTEE 2.00 X 0 0 0 HAYES C STOVER TRUSTEE 2.00 X 0 0 0 JOHN SUTPHEN TRUSTEE 2.00 X 0 0 0 EDDIE TAYLOR JR TRUSTEE 2.00 X 0 0 0 BRUCE THOMPSON TRUSTEE 2.00 X 0 0 0 KAREN UBELHART TRUSTEE 2.00 X 0 0 0 JAMES WIBLE TRUSTEE 2.00 X 0 0 0 MICHAEL RICHARD YOUNG TRUSTEE 2.00 X 0 0 0 NANCY YOVETICH TRUSTEE 2.00 X 0 0 0 DOUGLAS F ZIEGLER TRUSTEE 2.00 X 0 0 0 MARY J FEELEY CHAIR 2.00 X X 0 0 0 STEVEN D LEVINSKY VICE CHAIR 2.00 X X 0 0 0 ANTONIO DIAS SECRETARY 2.00 X X 0 0 0 2213203 0 782745 27 0 1 0 MASSARO 120 DELTA DRIVE PITTSBURGH PA 152644091 CONSTRUCTION 7001035 PARKHURST DINING SERVICES P O BOX 644091 PITTSBURGH PA 152644091 FOOD SERVICE 4893727 ST MORITZ BUILDING SERVICES 120 DELTA DRIVE GREENSBURG PA 156015118 CLEANING SERVICE 2103874 ALLEN GERRITSEN 2 SEAPORT LANE 7TH FLOOR BOSTON MA 02210 CONSULTING 1030460 ASTRO TURF 2680 ABUTMENT ROAD DALTON GA 30721 CONSTRUCTION 752819 54 7716123 11113895 1937312 18830018 TUITION AND FEES 611710 84044672 84044672 AUXILIARY REVENUE 611710 17785399 17785399 101830071 3555401 3555401 48862 59795 -10933 -10933 -10933 124132497 115037814 9094683 9094683 9094683 1305 21305 -20000 -20000 248220 251271 -3051 -3051 133276189 101830071 0 12616100 75000 75000 54596876 54596876 994300 994300 2086585 2086585 27261280 24131936 1508364 1620980 1725076 1516460 78578 130038 6818264 5416087 1063254 338923 1917519 1605973 194714 116832 5971608 5925797 45811 303861 303861 64443 5000 59443 2651924 2651924 1255291 697819 506668 50804 747724 473862 273862 4644843 4116136 336383 192324 1625811 1145198 470898 9715 3539539 2983084 554373 2082 1509339 1241796 136519 131024 548922 245212 150025 153685 2322432 2322432 5968939 5551113 417826 2158646 1230840 927806 CONSULTING 1978065 1463876 500818 13371 LIBRARY BOOKS 184337 184337 1646751 630331 1008958 7462 132597375 116553465 13276670 2767240 1777681 4978910 20005468 12288269 8761109 2115820 874432 541963 4639711 4233665 709044 722067 257497222 144373495 108776577 113123727 169278762 161995607 74728494 86931561 8034610 7774132 397585888 394705721 18230027 16354329 94763 94763 56817154 55356714 48572 23826 7868671 7041442 83059187 78871074 X 85109467 81685413 229417234 234149234 314526701 315834647 397585888 394705721 X 678814 977899 -348767 X X 0 1 X 1 1 1 X 17595841 11878707 12819022 21250116 18830018 82373704 17595841 11878707 12819022 21250116 18830018 82373704 9329505 73044199 2423158 2540273 2787714 3147375 3604263 14502783 13403 0 13403 96889890 512392797 0.75390 0.71680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1837002 X X X X 0 230378102 4138816 9550899 15013592 229054225 223988015 5323629 15362908 14296450 230378102 207561328 8264485 18988558 10826356 223988015 185549860 5879020 24745375 8612927 207561328 183378811 12564974 -1695777 3093396 5604752 185549860 0.12250 0.48540 0.39220 0 0 15206205 15206205 183137537 104098677 79038860 351294 351294 0 22413825 21879871 533954 36388361 18043653 18344708 113123727 VENTURE CAPITAL/PRIVATE EQUITY 53597182 F PRIVATE REAL ESTATE 14102917 F HEDGE FUNDS 17411186 F EQUITY-METHOD INVESTMENT 1820276 F 86931561 STUDENTS DEPOSITS 2522342 TRUSTS HELD FOR OTHERS 20856 ADVANCES FOR STUDENT LOANS 4498244 7041442 X 75994592 977899 332371 1310270 74684322 2651924 55939943 58591867 133276189 74686646 332371 332371 74354275 2651924 55591176 58243100 132597375 PART III, LINE 4: CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND LITERATURE ARE USED BY THE STUDENTS AND FACULTY FOR EDUCATION PURPOSES. PART X, LINE 2: THE COLLEGE FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE POSITION IS SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES U.S. FEDERAL, STATE AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE COLLEGE'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED JUNE 30, 2017 THROUGH THE PRESENT. THE COLLEGE CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 21,305. COST OF SALES 251,271. RENTAL EXPENSES 59,795. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 55,591,176. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 348,767. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 21,305. COST OF SALES 251,271. RENTAL EXPENSES 59,795. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 55,591,176. 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 PUBLISHES ITS NONDISCRIMINATION POLICY IN LOCAL AND REGIONAL NEWPAPERS. IN ADDITION, THE POLICY IS INCLUDED IN THE COLLEGE CATALOGS AND RECRUITING MATERIALS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS UNDER VARIOUS STATE AND FEDERAL PROGRAMS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 1 STUDENTS PARTICIPATING 12356 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 3 STUDENT PARTICIPANTS 84010 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 2 STUDENT PARTICIPANTS 98707 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 3 STUDENTS PARTICIPATING 140948 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 16 STUDENT PARTICIPANTS 200642 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 3 STUDENT PARTICIPANT 49170 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 17411186 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SCHOLARSHIPS 241265 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIPS 286644 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIPS 159817 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS 54807 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIPS 181227 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES SCHOLARSHIPS 70539 0 0 0 0 0 0 18238284 753034 18991318 SCHOLARSHIP NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 2 54807 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 8 159818 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 9 181227 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 13 241265 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 16 286644 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 3 70539 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A 1 0 0 0 1 0 PART I, LINE 2: THE COLLEGE DOES NOT ISSUE GRANTS OUTSIDE THE U.S., BUT IT DOES INCUR EXPENSES FOR STUDENTS STUDYING ABROARD. STUDENTS PAY THEIR REGULAR ALLEGHENY COLLEGE TUITION, AND THE COLLEGE IN TURN PAYS THEIR TUITION TO THE FOREIGN INSTITUTION THAT THEY WILL BE ATTENDING. THOSE EXPENSES ARE TRACKED IN THE STUDY ABROAD OFFICE AND IN THE GENERAL LEDGER. THE COLLEGE FOLLOWS FEDERAL, STATE, AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES, AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENT ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND/OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. PART III ACCOUNTING METHOD: 1 CITY OF MEADVILLE 894 DIAMOND PARK MEADVILLE PA 16335 256000867 GOVERNMENT 75000 0 N/A N/A FINANCIAL SUPPORT 1 0 ALLEGHENY AID 990 6688050 0 N/A N/A ENDOWED AID 600 3157795 0 N/A N/A FEDERAL GRANTS 300 283398 0 N/A N/A MERIT SCHOLARSHIPS 1726 41888930 0 N/A N/A PELL GRANTS 579 2578703 0 N/A N/A PART I, LINE 2: THE COLLEGE FOLLOWS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGBILITY FOR SCHOLARSHIPS, PRIZES AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENTS ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND /OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. THE COLLEGE'S FINANCIAL AID OFFICE MAINTAINS ELIGIBILITY REQUIREMENTS AND MONITORS GRANTING OF AWARDS TO STUDENTS AND FOLLOWS U.S. FEDERAL AID REGULATIONS AND ALL STATES' REGULATIONS FOR GRANTS TO ITS STUDENTS. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JAMES H MULLEN JR PRESIDENT EMERITI 365115 0 0 0 1962 0 25200 0 62017 0 454294 0 0 0 CORNELL B LESANE II VP FOR ENROLLMENT 187953 0 0 0 240 0 13725 0 122203 0 324121 0 0 0 RONALD COLE PROVOST 209654 0 0 0 552 0 18961 0 69003 0 298170 0 0 0 EILEEN PETULA EXECUTIVE VP & COO (EXITED 4/20) 212693 0 0 0 552 0 18961 0 59256 0 291462 0 0 0 HILARY L LINK PRESIDENT 192072 0 0 0 1076 0 25650 0 35264 0 254062 0 0 0 APRIL THOMPSON VP OF STUDENT LIFE AND DOS 173506 0 0 0 360 0 16104 0 42514 0 232484 0 0 0 DOUGLAS C SMITH - SENIOR PHILANTHR. ADVISOR FOR THE CAMPAIGN 168017 0 0 0 3048 0 16271 0 24683 0 212019 0 0 0 LINDA WETSELL VICE PRESIDENT OF FINANCE & CFO 163304 0 0 0 1014 0 16647 0 22863 0 203828 0 0 0 RICHARD A HOLMGREN VP FOR INFO. SVCS & ASSESSMENT 149148 0 0 0 1529 0 14723 0 27477 0 192877 0 0 0 JENNIFER PADLAN DIRECTOR, HUMAN RESOURCES 109663 0 0 0 239 0 11798 0 71131 0 192831 0 0 0 MARJORIE S KLEIN VP FOR DEVELOPMENT & ALUMNI AFFAIRS 137263 0 0 0 688 0 18369 0 17845 0 174165 0 0 0 SUSAN SALTON VP FOR COLLEGE RELATIONS 121899 0 0 0 1156 0 11850 0 20230 0 155135 0 0 0 PART II NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J MAY INCLUDE LIFE INSURANCE, LONG-TERM DISABILITY, EMPLOYER-PROVIDED MEDICAL INSURANCE, SECTION 125 BENEFITS, HOUSING AND TUITION. TUITION ASSISTANCE PROGRAMS (UP TO 100%) ARE A STANDARD BENEFIT PROVIDED BY HIGHER EDUCATION EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. SECTION 117(D) OF THE INTERNAL REVENUE CODE SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF THE QUALIFIED TUITION REDUCTION INCLUDED IN NONTAXABLE BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE REPORTING YEAR. A CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2016-07-13 14410185 REFUND 2006 BONDS 0 0 0 B CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2018-06-01 35862413 REFUND 09/10 BONDS/CAP PROJECT 0 0 0 A 14410185 273780 1027428 13108977 2016 1 0 1 1 B 35862413 415346 31026378 4420689 2018 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 ENROLLED STUDENT FAMILY OF BOARD 20000 TRUSTEE SCHOLARSHIP FINANCIAL AID OSWALD COMPANIES EDDIE TAYLOR, JR. - EMPLOYEE/OWNER, OSWALD COMPANIES 373540 INSURANCE BROKER 0 N SMITH SPOUSE OF TRUSTEE 48654 EMPLOYMENT 0 ALLEN & GERRISTEN T. REEVES - PRINCIPAL OF ALLEN & GERRISTEN 1030460 CONSULTANT 0 X 40 1937312 FMV 0 0 1 0 PART I, COLUMN (B): PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR THE YEAR ENDED JUNE 30, 2020 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES AUDIT COMMITTEE IS CHARGED BY THE FULL BOARD WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 AND CALLING IN OUTSIDE EXPERTS TO ANSWER ANY QUESTIONS OF THE BOARD IN ORDER TO COME TO FULL UNDERSTANDING OF WHAT IS BEING REPORTED. THIS REVIEW IS HELD JUST PRIOR TO THE SUBMISSION OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH COMPLETION OF AN ANNUAL DISCLOSURE STATEMENT, WHICH IS COMPLETED BY ALL TRUSTEES. IF A CONFLICT IS DETERMINED TO BE PRESENT, THEN MANAGEMENT AND BOARD LEADERSHIP ADDRESS IT WITH THE APPROPRIATE INDIVIDUAL(S). ANY CONFLICTS OR POTENTIALLY CONFLICTING BUSINESS OR FAMILY RELATIONSHIPS WERE PROPERLY VETTED TO SEEK TERMS CONSISTENT WITH AN ARM'S LENGTH TRANSACTION. AS A PART OF NEW TRUSTEE ORIENTATION, BOARD MEMBERS ARE INFORMED THAT THE BOARD OF TRUSTEES HAS AUTHORITY ONLY AS A CORPORATE BODY. NO INDIVIDUAL TRUSTEE HAS AUTHORITY OVER ANY ASPECT OF COLLEGE OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS ANNUALLY THE PRESIDENT'S WORK ACCOMPLISHMENTS FOR THE PAST YEAR AND COMBINES THAT INFORMATION WITH A COMPARISON OF COMPENSATION OF PRESIDENTS OF SIMILAR COLLEGES TO SET THE PRESIDENT'S ANNUAL SALARY INCREASE. DOCUMENTATION IS KEPT ON FILE CONCERNING THESE DELIBERATIONS AND MEASUREMENTS. THE SAME BOARD OF TRUSTEES COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE PRESIDENT'S RECOMMENDATION FOR SALARY INCREASES AND FOR THE CRITERIA USED FOR THOSE RECOMMENDATIONS; DOCUMENTATION IS ALSO KEPT ON FILE CONCERNING THIS REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -348,767. FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE SCHOOL'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CHARITABLE TRUSTS (12) INVESTMENTS PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0