2021-03-03T12:15:23-06:00 2020-06-30 251701013 MCCLINTOCK & ASSOCIATES 1370 WASHINGTON PIKE BRIDGEVILLE PA 15017 990 2019-07-01 810903939 PITTSBURGH TECHNICAL INSTITUTE INC PITT 4128095100 1111 MCKEE ROAD OAKDALE PA 15071 JAY CLAYTON CFO 4128095100 2021-03-02 1 LEE R FRANK CPA P01487847 4122575980 2021-03-02 2019 2022-09-23 18:48:47Z PITTSBURGH TECHNICAL COLLEGE INC JAY CLAYTON 1111 MCKEE ROAD OAKDALE PA 15071 43317760 0 X PTCOLLEGE.EDU X 2015 PA THE MISSION OF THE INSTITUTION, AS A DEGREE-GRANTING INSTITUTION, IS TO EMPOWER ITS STUDENTS TO SUCEED IN TODAY'S DYNAMIC WORLD BY INTEGRATING GENERAL STUDIES AND PROFESSIONAL SKILLS INTO A SOUND CAREER-FOCUSED EDUCATION THAT PROVIDES THE LIFE SKILLS NECESSARY FOR STUDENTS TO REALIZE THEIR FULL POTENTIAL AND CAREER GOALS 9 9 570 0 0 0 890868 5500049 29538594 31051199 167882 144072 6400170 4777897 36997514 41473217 4733489 4276319 0 0 18141476 19105062 0 0 0 15780377 14634034 38655342 38015415 -1657828 3457802 56580150 63106981 50244592 55816775 6335558 7290206 X THE MISSION OF THE INSTITUTION, AS A DEGREE-GRANTING INSTITUTION, IS TO EMPOWER ITS STUDENTS TO SUCEED IN TODAY'S DYNAMIC WORLD BY INTEGRATING GENERAL STUDIES AND PROFESSIONAL SKILLS INTO A SOUND CAREER-FOCUSED EDUCATION THAT PROVIDES THE LIFE SKILLS NECESSARY FOR STUDENTS TO REALIZE THEIR FULL POTENTIAL AND CAREER GOALS 0 0 25832467 4276319 35831096 PITTSBURGH TECHNICAL INSTITUTE INC.(PTI), DBA PITTSBURGH TECHNICAL COLLEGE (PTC)OPERATES A DEGREE-GRANTING POSTSECONDARY INSTITUTION THAT WILL EMPOWER STUDENTS TO SUCCEED IN TODAY'S DYNAMIC WORLD BY INTEGRATING GENERAL STUDIES AND PROFESSIONAL SKILLS INTO A SOUND CAREER-FOCUSED EDUCATION THAT PROVIDES THE LIFE SKILLS NECESSARY FOR STUDENTS TO REALIZE THEIR FULL POTENTIAL AND CAREER GOALS. 25832467 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 570 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JAY CLAYTON 4128095120 1111 MCKEE ROAD OAKDALE PA 15071 HAROLD MALEY TRUSTEE 1.00 X 0 0 0 DR PATRICIA GREY TRUSTEE 1.00 X 0 0 0 CARLA M RYBA TRUSTEE 1.00 X 0 0 0 CHARLES EVANOSKI TRUSTEE 1.00 X 0 0 0 JAY CLAYTON VICE PRESIDENT / CFO 40.00 X X 168560 0 20817 ELI SHORAK TRUSTEE 1.00 X 0 0 0 DR PEGGY WILLIAMS-BETLYN TRUSTEE 1.00 X 0 0 0 MICHAEL YURISIC TRUSTEE 1.00 X 0 0 0 WAYNE ZANARDELLI TRUSTEE 1.00 X 0 0 0 DR ALICIA HARVEY-SMITH PRESIDENT 40.00 X X 164450 0 146 BARRY SHEPARD VP OF MARKETING 40.00 X 168490 0 15701 EILEEN STEFFAN VP OF ACADEMIC AFFAIRS 40.00 X 157640 0 10812 GEORGE PRY FORMER VICE PRESIDENT 40.00 X 135940 0 20010 GREGORY DEFEO FORMER PRESIDENT 0.00 X 220000 0 11693 1015080 0 79179 6 1 1 0 0 5395366 104683 5500049 SCHOOL INCOME 611519 31009580 31009580 41619 41619 31051199 144072 144072 2000 -2000 -2000 2237575 1842543 395032 395032 AUXILLARY SERVICE - DORMITORIES 721310 3832425 3832425 AUXILLARY SERVICE - FOOD SERVICE 900099 552440 552440 4384865 41473217 35831096 0 142072 4276319 4276319 321800 234914 86886 15013534 11600579 3412955 468830 342246 126584 2118218 1493703 624515 1182680 863356 319324 563888 563888 101576 101576 1081 1081 143877 104172 39705 359915 319124 40791 1899740 987941 911799 183712 168153 15559 25411 12435 12976 2101438 1534050 567388 2536105 1851357 684748 AUXILLARY SERVICE HOUSI 1666478 0 1666478 MARKETING 1315035 1302559 12476 AUXILLARY FOOD SERVICE 588384 514 587870 MATERIALS AND SUPPLIES 489927 94768 395159 2657467 646277 2011190 38015415 25832467 12182948 0 X 6077891 12140992 111000 125300 1151264 1595133 413810 561955 375853 2462154 46750860 7176902 40930982 39573958 7005750 3490112 500000 3143777 13600 13600 56580150 63106981 1813953 3048253 1837736 386832 812750 44113865 43073962 3929942 7044074 50244592 55816775 X 6034272 7007853 301286 282353 6335558 7290206 56580150 63106981 3457802 -2503154 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1660000 1660000 40618723 5433776 35184947 4296033 1743126 2552907 176104 176104 39573958 ADVANCE TUITION AND HOUSING DEPOSITS 2490543 CAPITAL LEASE OBLIGATIONS 464331 FAIR VALUE OF INTEREST RATE SWAP CONTRACT 4089200 7044074 36538287 -2503154 -4276319 -6779473 43317760 -1844543 -1844543 41473217 35583639 1844543 1844543 33739096 4276319 4276319 38015415 PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -4,276,319. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,842,543. FUNDRAISING EXPENSE -2,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,842,543. FUNDRAISING EXPENSE 2,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 4,276,319. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICIES ARE STATED IN ALL NEWSPAPER ADS, BROADCAST MEDIA AND STUDENT BROCHURES. GOLF OUTING 0 2000 2000 2000 -2000 1 SCHOLARSHIPS 2713 4276319 FMV INSTITUTIONAL GRANTS AND SCHOLARSHIPS ARE POSTED TO THE STUDENT ACCOUNT TO DISCOUNT THE COST OF TUITION AND FEES. X X X X X X 0 0 0 0 0 0 0 0 0 JAY CLAYTON VICE PRESIDENT / CFO 168560 0 0 0 0 0 2811 0 18006 0 189377 0 0 0 DR ALICIA HARVEY-SMITH PRESIDENT 164450 0 0 0 0 0 0 0 146 0 164596 0 0 0 BARRY SHEPARD VP OF MARKETING 168490 0 0 0 0 0 0 0 15701 0 184191 0 0 0 EILEEN STEFFAN VP OF ACADEMIC AFFAIRS 157640 0 0 0 0 0 4936 0 5876 0 168452 0 0 0 GEORGE PRY FORMER VICE PRESIDENT 135940 0 0 0 0 0 4298 0 15712 0 155950 0 0 0 GREGORY DEFEO FORMER PRESIDENT 220000 0 0 0 0 0 0 0 11693 0 231693 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PERIODICALLY REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A AS TO THE PRESIDENT AND OTHER EXECUTIVE POSITIONS, THE HUMAN RESOURCES DEPARTMENT SURVEYS THE COMPENSATION PACKAGES FOR SIMILARLY PLACED EXECUTIVES, AT SIMILARLY SIZED EDUCATION INSTITUTIONS IN THE REGION, BASED UPON DATA PROVIDED BY CUPA, AND OTHER PROFESSIONAL SOURCES, THE COLLEGE TARGETS ITS COMPENSATION AT APPROXIMATELY THE MIDDLE LEVEL OF THE APPLICABLE RANGE. THE BOARD OF TRUSTEES HAS ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE NEW PRESIDENT. IT IS A 3-YEAR AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND FILINGS REQUIRED BY LAW OR REGULATION TO BE MADE PUBLICLY AVAILABLE ARE PROVIDED UPON REQUEST. FORM 990, PART X, LINE 10A, 10B AND 10C SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION UNDER REGULATION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION TO ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR. FORM 990, PART XII, LINE 2C NO CHANGE HAS BEEN MADE TO THE PROCESS FROM PRIOR YEARS.