2020-02-20T07:55:47-06:00 2019-06-30 251701013 MCCLINTOCK & ASSOCIATES 1370 WASHINGTON PIKE BRIDGEVILLE PA 15017 990 2018-07-01 810903939 PITTSBURGH TECHNICAL INSTITUTE INC PITT 4128095100 1111 MCKEE ROAD OAKDALE PA 15071 JAY CLAYTON CFO 4128095100 2020-02-07 1 LEE R FRANK CPA P01487847 4122575980 2020-02-07 72.65.246.134 2020-02-07 12:52:17 ES P 31E56B63E6BF7F4BD141BB190023CA8B3CF90DCA 054DA66C7C9D640B3F30E734D492E9606B9B3F81 2018 2020-11-19 02:30:22Z PITTSBURGH TECHNICAL COLLEGE INC JAY CLAYTON 1111 MCKEE ROAD OAKDALE PA 15071 39110509 0 X PTCOLLEGE.EDU X 2015 PA THE MISSION OF THE INSTITUTION, AS A DEGREE-GRANTING INSTITUTION, IS TO EMPOWER ITS 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. 8 8 570 0 0 0 128579 890868 31440471 29538594 70766 167882 6432689 6400170 38072505 36997514 5066006 4733489 0 0 18518812 18141476 0 0 0 16731593 15780379 40316411 38655344 -2243906 -1657830 60113101 56580150 50050560 50244592 10062541 6335558 X THE MISSION OF THE INSTITUTION, AS A DEGREE-GRANTING INSTITUTION, IS TO EMPOWER ITS 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 0 0 26280822 4733489 35966409 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. 26280822 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 54 0 1 570 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 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 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 EILEEN STEFFAN INTERIM PRESIDENT 40.00 X 155547 0 0 GEORGE PRY EXECUTIVE VICE PRES 40.00 X 179500 0 0 BARRY SHEPARD VP OF MARKETING & COMMUNIC 40.00 X 166300 0 0 TERRY FARRELL FORMER SR VP FINANCE &IT 40.00 X 134640 0 0 MARK SCOTT SR VP ACAD AFFRS 40.00 X 117140 0 0 JEFF BELSKY FORMER VICE PRESIDENT OF STRATEGIC INITIATIVES 40.00 X 114280 0 0 867407 0 0 11 0 1 0 0 60600 574079 256189 890868 SCHOOL INCOME 611519 29434094 29434094 104500 104500 29538594 167882 167882 0 60600 27645 -27645 -27645 2413797 2085350 328447 328447 AUXILLARY SERVICE - DORMITORIES 721310 5281633 5281633 AUXILLARY SERVICE - FOOD SERVICE 900099 817735 817735 6099368 36997514 35966409 0 140237 4733489 4733489 155547 122882 32665 14500368 11424828 3075540 349462 241129 108333 1925006 1302516 622490 1211093 835654 375439 310852 310852 111786 111786 6924 6924 1115923 1067796 48127 350053 304722 45331 2400072 1006564 1393508 250565 240657 9908 31723 10527 21196 2258184 1558146 700038 2361775 1629625 732150 AUXILLARY SERVICE HOUSI 1530355 0 1530355 MARKETING 835919 832632 3287 AUXILLARY FOOD SERVICE 831278 3762 827516 BAD DEBT 707238 273784 433454 2677732 692109 1985623 38655344 26280822 12374522 0 X 7021567 6077891 174600 111000 1087670 1151264 572169 413810 194124 375853 45571778 4640796 42478998 40930982 7990420 7005750 579953 500000 13600 13600 60113101 56580150 2251387 1813953 362770 386832 45245828 44113865 2190575 3929942 50050560 50244592 X 9953962 6034272 108579 301286 10062541 6335558 60113101 56580150 -1657830 -2069153 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1660000 1660000 40332731 3580056 36752675 3385566 1060740 2324826 193481 193481 40930982 ADVANCE TUITION AND HOUSING DEPOSITS 1556399 CAPITAL LEASE OBLIGATIONS 792990 FAIR VALUE OF INTEREST RATE SWAP CONTRACT 1580553 3929942 32307864 -2069154 -4733491 -6802645 39110509 -2112995 -2112995 36997514 36034847 2112995 2112995 33921852 4733491 4733491 38655343 PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -4,733,491. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,085,350. FUNDRAISING EXPENSE -27,645. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,085,350. FUNDRAISING EXPENSE 27,645. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 4,733,491. 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 60600 60600 27645 60600 60600 27645 27645 -27645 1 SCHOLARSHIPS 2877 4733489 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 EILEEN STEFFAN INTERIM PRESIDENT 155547 0 0 0 0 0 0 0 0 0 155547 0 0 0 GEORGE PRY EXECUTIVE VICE PRES 179500 0 0 0 0 0 0 0 0 0 179500 0 0 0 BARRY SHEPARD VP OF MARKETING & COMMUNIC 166300 0 0 0 0 0 0 0 0 0 166300 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.