2019-04-02T18:26:52-05:00 2018-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 191037341 990 2017-06-01 240795495 UNIVERSITY OF SCRANTON UNIV 5709417411 800 LINDEN STREET SCRANTON PA 18510 EDWARD J STEINMETZ CPA SENIOR VP FINANCE & TREASURER 5709417411 2019-03-28 1 JULIUS C GREEN CPA P00350393 2159720701 96.89.178.154 2019-03-28 16:26:37 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9D0D8DD59390B7764A3ECE0F40BBFE3618018605 2017 2019-02-21 02:37:17Z REV SCOTT R PILARZ 800 LINDEN STREET SCRANTON PA 18510 369229081 0 X WWW.SCRANTON.EDU X 1888 PA THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY DEDICATED TO EDUCATION. 29 28 2937 575 1715263 -273475 13891529 10320321 215151882 219513136 8071666 6101841 2861386 3024807 239976463 238960105 66267847 70270864 0 0 103367160 102741299 20000 20000 2841506 59168920 61490117 228823927 234522280 11152536 4437825 585260284 602060593 205796795 207555650 379463489 394504943 X THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY. IT IS A COMMUNITY DEDICATED TO THE FREEDOM OF INQUIRY AND PERSONAL DEVELOPMENT FUNDAMENTAL TO GROWTH IN WISDOM AND INTEGRITY OF ALL WHO SHARE ITS LIFE. CONTINUED ON SCHEDULE "O".IT OFFERS DEGREE PROGRAMS AT THE UNDERGRADUATE, GRADUATE, PRE-PROFESSIONAL, AND PROFESSIONAL LEVELS. 0 0 137745324 70270864 181529885 HIGHER EDUCATION; INSTRUCTION - PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO 3,810 UNDERGRADUATE AND 1,611 GRADUATE STUDENTS. THERE ARE 65 UNDERGRADUATE MAJOR PROGRAMS, 29 GRADUATE (MASTERS) LEVEL PROGRAMS, TWO DOCTORAL PROGRAMS, AND OVER 100 CONTINUING AND PROFESSIONAL EDUCATION PROGRAMS TAUGHT AT THE UNIVERSITY.HIGHER EDUCATION; STUDENT FINANCIAL AID - TOTAL INSTITUTIONAL FINANCIAL AID AWARDS PROCESSED AND DISBURSED BY THE FINANCIAL AID OFFICE AMOUNTED TO $70,270,864 TO RECIPIENTS. ADDITIONALLY, THE FINANCIAL AID OFFICE PROCESSED $60,342,438 OF FINANCIAL AID IN THE FORM OF LOANS TO STUDENTS. CONTINUED ON SCHEDULE "O".DURING THE 2017-2018 ACADEMIC YEAR, 3,634 UNDUPLICATED RECIPIENTS RECEIVED SOME FORM OF FINANCIAL AID. LOANS PROVIDED TO STUDENTS AND THEIR PARENTS INCLUDE FEDERAL STAFFORD, PLUS, AND ALTERNATIVE LOANS. 33114035 0 37983251 HIGHER EDUCATION; AUXILIARY SERVICES - PROVIDES DORMITORY AND FOOD SERVICES TO APPROXIMATELY 2,694 RESIDENT STUDENTS AND FOOD SERVICES TO COMMUTER STUDENTS, FACULTY, STAFF, AND ADMINISTRATION. 19940818 0 0 HIGHER EDUCATION; STUDENT SERVICES AND ACTIVITIES - EXPENDITURES OR ACTIVITIES WHOSE PURPOSE IS TO CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND DEVELOPMENT OUTSIDE THE CLASSROOM. 7458085 0 1415095 HIGHER EDUCATION; ACADEMIC SUPPORT - INCLUDES EXPENSES APPLICABLE TO AN INTEGRAL PART OF THE UNIVERSITY'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, OR PUBLIC SERVICE THAT ARE NOT CHARGED DIRECTLY TO THESE PROGRAMS. 6284776 0 0 HIGHER EDUCATION; LIBRARY EXPENSES - INCURRED IN OPERATING AN 80,000 SQ. FT. UNIVERSITY LIBRARY. THE LIBRARY CONTAINS OVER 633,035 VOLUMES, 203,507 FULL-TEXT ONLINE BOOKS, AND A MEDIA COLLECTION HOLDING 22,544 NON-PRINT ITEMS AND 9,085 STREAMING MEDIA PROGRAMS FOR STUDENT AND GENERAL PUBLIC STUDY AND RESEARCH. 1858864 0 0 HIGHER EDUCATION; PUBLIC SERVICE - FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTITUTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THESE EXPENSES DO NOT INCLUDE OVER 175,000 COMMUNITY SERVICE HOURS PROVIDED BY UNIVERSITY STUDENTS. 323955 0 39193 HIGHER EDUCATION; RESEARCH - INCLUDES THE COST ASSOCIATED WITH GRANTS/AWARDS TO PRODUCE RESEARCH EITHER FUNDED INTERNALLY OR COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY. 15925680 0 1454288 206725857 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 7578 1 1 2937 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 PA AK CO MA NH WA X X ADRIAN J MIHALKO CPA 5709414897 800 LINDEN STREET SCRANTON PA 18510 X LAWRENCE R LYNCH BOARD CHAIRMAN 2.00 X X 0 0 0 JUDITH M BAVARIA BOARD CO-VICE CHAIR 1.00 X X 0 0 0 THOMAS P O'BRIEN BOARD CO-VICE CHAIR 1.00 X X 0 0 0 HERBERT B KELLER SJ BOARD INTERIM PRESIDENT 1.00 X X 0 0 0 KEVIN P QUINN SJ PRESIDENT (UNTIL 05/17) 1.00 X X 0 0 0 RICHARD V BAKER TRUSTEE 1.00 X 0 0 0 TRACY F BANNON TRUSTEE 1.00 X 0 0 0 LINDA D BARRASSE MD TRUSTEE 1.00 X 0 0 0 DAVID C BLAKE PHD JD TRUSTEE 1.00 X 0 0 0 PATRICIA A BYRNES CLARKE TRUSTEE 1.00 X 0 0 0 ANNE DRUCKER TRUSTEE 1.00 X 0 0 0 FRANK J DUBAS JR CPA TRUSTEE 1.00 X 0 0 0 ALAN J GRIFFITH TRUSTEE 1.00 X 0 0 0 MATTHEW E HAGGERTY ESQ TRUSTEE 1.00 X 0 0 0 MARY R HAVERON CPA TRUSTEE 1.00 X 0 0 0 PHILIP G JUDGE SJ TRUSTEE 1.00 X 0 0 0 TIMOTHY J KACANI TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J KANE TRUSTEE 1.00 X 0 0 0 WILLIAM J KELLEY SJ TRUSTEE 1.00 X 0 0 0 DANIEL K LAHART SJ TRUSTEE 1.00 X 0 0 0 KEITH F MUCCINO SJ MD TRUSTEE 1.00 X 0 0 0 KEVIN J O'BRIEN ESQ TRUSTEE 1.00 X 0 0 0 SCOTT R PILARZ SJ TRUSTEE 1.00 X 0 0 0 MARYLA SCRANTON TRUSTEE 1.00 X 0 0 0 PATRICK W SHEA ESQ TRUSTEE 1.00 X 0 0 0 ANTHONY G SIMONE TRUSTEE 1.00 X 0 0 0 JAMES M SLATTERY TRUSTEE 1.00 X 0 0 0 JOSEPH M VASZILY TRUSTEE 1.00 X 0 0 0 ROBERT S WEISS TRUSTEE 1.00 X 0 0 0 YOHURU R WILLIAMS PHD TRUSTEE 1.00 X 0 0 0 EDWARD J STEINMETZ CPA SVP FINANCE/TREASURER 45.00 X 347134 0 46369 GARY R OLSEN VP UNIVERSITY ADVANCEMENT 45.00 X 138732 0 28043 ROBERT B FARRELL ESQ GENERAL COUNSEL 45.00 X 214659 0 68514 THOMAS S MACKINNON VP UNIVERSITY ADVANCEMENT 45.00 X 0 0 0 MELISSA D STARACE INTERIM VP UNIVERSITY ADVANCEMENT 45.00 X 131109 0 72946 GERALD C ZABOSKI VICE PROVOST, EXTERNAL AFFAIRS 45.00 X 198898 0 114180 ANITRA M MCSHEA VICE PROVOST, STUDENT AFFAIRS 45.00 X 199081 0 47376 JOSEPH H DREISBACH PHD INTERIM PROVOST/SVP ACADEMIC AFFAIRS 45.00 X 256157 0 56770 PATRICIA HARRINGTON INTERIM ASSOC. PROVOST, INST. EFFECTIVENES 45.00 X 187519 0 18737 BRIAN P CONNIFF PHD DEAN, CAS 45.00 X 198629 0 44095 MICHAEL O MENSAH PHD DEAN, KSOM 45.00 X 281663 0 97257 DEBRA A PELLEGRINO EDD DEAN, PCPS 45.00 X 216159 0 19618 MURLI RAJAN PHD CFA ASSOCIATE DEAN, KSOM 45.00 X 172402 0 57217 DOUGLAS M BOYLE DBA CPA CMA ASSOCIATE PROFESSOR 40.00 X 341535 0 124381 JAMES F BOYLE DBA CPA ASSISTANT PROFESSOR 40.00 X 236587 0 117754 NABIL A TAMIMI PHD PROFESSOR 40.00 X 229656 0 53302 BRIAN W CARPENTER PHD PROFESSOR 40.00 X 221552 0 29146 DANIEL P MAHONEY PHD PROFESSOR 40.00 X 220965 0 39093 HAROLD W BAILLIE PHD PROFESSOR, FORMER OFFICER 45.00 X 129523 0 35532 ROBERT W DAVIS CHIEF OF STAFF, FORMER OFFICER 45.00 X 160573 0 43341 PATRICIA L TETREAULT AVP HUMAN RESOURCES, FORMER OFFICER 45.00 X 156627 0 45833 ROBYN L DICKINSON DIR INSTITUTIONAL RESEARCH, FORMER OFFICER 45.00 X 114527 0 38586 WILLIAM J WELSH PHD PROFESSOR, FORMER KEY EMPLOYEE 45.00 X 110211 0 20564 4463898 0 1218654 185 1 1 0 ARAMARK C/O UNIVERSITY OF SCRANTON SCRANTON PA 18510 FOOD SERVICE PROVIDER 11936349 THE QUANDEL GROUP INC 4755 LINGLESTOWN ROAD HARRISBURG PA 17112 CONSTRUCTION CONTRACTOR 6992863 AJ GUZZI INC 9 SKYLINE DR E UNIT 1 CLARKS SUMMIT PA 18411 CONSTRUCTION CONTRACTOR 2722750 ELLUCIAN SUPPORT INC 4 COUNTRY VIEW ROAD MALVERN PA 19355 IT MAINT. & SUPPORT 338489 DOUGHERTY CLIFFORD WADSWORTH 895 MARCONI AVE RONKONKOMA NY 11779 ADVERTISING 337360 18 1100641 2386187 6833493 797153 10320321 TUITION AND FEES 611310 181529885 181529885 AUXILIARY ENTERPRISES 721310 37983251 37983251 219513136 4112948 -13982 4126930 268514 223004 45510 45510 45510 131230245 416085 129243812 413625 1986433 2460 1988893 1988893 184299 1100641 388535 -204236 -204236 EARLY LEARNING CENTER 624410 1249389 1249389 EDUCATIONAL SUPPORT SERVICES 611710 1210015 1210015 CONFERENCES AND SUMMER CAMPS 721214 477925 477925 246204 244273 1931 3183533 238960105 220967424 1715263 5957097 70270864 70270864 3309058 1803888 1254172 250998 71449484 60718816 9507277 1223391 5487641 4531152 849705 106784 17735343 14209582 3263929 261832 4759773 3957557 700312 101904 186341 186341 104961 104961 102949 102949 20000 20000 1029743 1029743 1752288 843661 787988 120639 776847 152445 614497 9905 2866403 2272146 480625 113632 1706539 1052723 631996 21820 3710240 3710240 1070715 986835 70460 13420 1982634 1782914 174215 25505 6223191 6223191 13443640 11998992 1393341 51307 942501 742206 188510 11785 DIRECT FOOD COSTS 8937463 8937463 REPAIRS AND MAINTENANCE 4044829 2778364 1259511 6954 OTHER FOOD SERVICE EXP. 2573982 2349816 155391 68775 BOOKS AND PUBLICATIONS 2389507 1654123 629414 105970 7645344 5748879 1672529 223936 234522280 206725857 24954917 2841506 18401769 17871390 4943187 4615251 5503447 6069288 77228 2801644 2991502 3827247 4004517 483234624 187898145 292574958 295336479 167996490 170811570 89211542 100283368 585260284 602060593 31224950 30684812 374542 692730 9364063 11979850 154265000 152075000 10568240 12123258 205796795 207555650 X 247704391 254792091 63942816 67825216 67816282 71887636 379463489 394504943 585260284 602060593 X 4437825 10435068 168561 X X 0 1 X 1 1 1 X 0 1 0 0 0 0 1 5983 0 1 96966 102949 0 PART II-B, LINE 1: LINE 1B - OUR ADMINISTRATIVE STAFF IN EXTERNAL AFFAIRS SPENDS A SMALL PART OF THEIR TIME MEETING WITH OUR EXTERNAL CONSULTING FIRM TO DISCUSS OUR LEGISLATIVE INTERESTS. LINE 1G - THE UNIVERSITY PAID FOR TRAVEL-RELATED EXPENSES FOR EMPLOYEES TASKED WITH MEETING LEGISLATORS TO IDENTIFY POTENTIAL GRANT OPPORTUNITIES. LINE I - THE UNIVERSITY CONTRACTED WITH A CONSULTING FIRM TO REPRESENT ITS INTERESTS IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT BOTH THE STATE AND FEDERAL LEVELS. 275425 X X X X USED REGULARLY FOR TEACHING 0 182731251 8559152 15992476 4243866 3100191 1029743 198909079 162728402 5242579 22687425 4299601 2775506 852048 182731251 167924894 6519013 -5504792 2984984 2502767 722962 162728402 159282129 6712124 8172762 3074533 2376070 791518 167924894 137878712 6474855 21043959 3010984 2265381 839032 159282129 0.35140 0.35580 0.29280 1 0 21286914 21286914 382309600 139694063 242615537 45550136 35788413 9761723 34087974 12415669 21672305 295336479 SILCHESTER INTERNATIONAL INVESTORS 14516189 F ABS OFFSHORE SPC CLASS B 10010959 F GROSVENOR CAPITAL MANAGEMENT 15778239 F MFS INTERNATIONAL GROWTH, LLC 12259306 F IR&M CORE BOND FUND, LLC 16907150 F MERCER PIP IV LP 1510452 F ABBOTT CAPITAL PRIVATE EQUITY FUND VII, L.P. 2383260 F PARK STREET CAPITAL PRIVATE EQUITY FUND XI, L.P 1327682 F MERCER HEDGE FUND INVESTORS SP-I 11252852 F COPPER ROCK INT'L SMALL CAP 4817697 F APOLLO TOTAL RETURN FUND 7746853 F HARBOURVEST 2017 GLOBAL FUND, L.P. 1546661 F MERCER PIP V LP 226068 F 100283368 SPLIT INTEREST AGREEMENTS 1861668 PREMIUMS ON UNIVERSITY BONDS 10159900 CAPITAL LEASE OBLIGATIONS 101690 12123258 X 180313172 10435068 -69079541 -58644473 238957645 2460 2460 238960105 165271718 -2460 -2460 165274178 69248102 69248102 234522280 PART III, LINE 4: THE SPECIAL COLLECTIONS DEPARTMENT OF THE WEINBERG MEMORIAL LIBRARY PROVIDES EXHIBITS, PROGRAMMING, AND INSTRUCTION THAT REACH OUT TO BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC. SPECIAL COLLECTIONS CONTAIN HISTORICAL COLLECTIONS AND A RARE BOOK COLLECTION THAT RANGES FROM MEDIEVAL MANUSCRIPTS AND EARLY PRINTED BOOKS THROUGH 20TH CENTURY FIRST EDITION AND FINE PRESS WORK. MUCH OF THE COLLECTION WAS DONATED OR ACQUIRED OVER MANY DECADES. INCLUDED IN THE COLLECTION IS A COMPONENT FOCUSING ON RARE BOOKS PRODUCED BY THE JESUIT COMMUNITY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT IS USED TO PROVIDE SCHOLARSHIPS TO STUDENTS AND TO OFFSET FACULTY SALARIES AND OTHER OPERATING EXPENSES. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. TAX POSITIONS ARE RECOGNIZED OR REVERSED BY THE UNIVERSITY BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE 223,004. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME 388,535. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE 411,223. TUITION AND FEE REVENUE OFFSET BY INSTITUTIONALLY FUNDED STUDENT AID -70,270,864. CHANGE IN VALUE OF SPLIT INTEREST LIABILITY 168,561. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS NETTED AGAINST EXPENSES 2,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS NETTED AGAINST EXPENSES -2,460. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE -223,004. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME -388,535. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE -411,223. INSTITUTIONALLY FUNDED STUDENT FINANCIAL AID 70,270,864. 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 NOTICE OF NON-DISCRIMINATION IS WIDELY POSTED ON UNIVERSITY WEB PAGES, AT VARIOUS LOCATIONS ON CAMPUS, AND CONTAINED IN ELECTRONIC AND PRINTED PUBLICATIONS FOR GENERAL DISTRIBUTION, APPLICABLE BULLETINS, ANNOUNCEMENTS, PUBLICATIONS, CATALOGS, APPLICATION FORMS, AND RECRUITMENT MATERIALS. THE UNIVERSITY IS GOVERNED BY AN INDEPENDENT BOARD OF TRUSTEES AND WELCOMES PERSONS OF ALL RACES AND RELIGIOUS PERSUASIONS AS MEMBERS OF ITS STUDENT BODY, FACULTY, STAFF, AND ADMINISTRATION. THE UNIVERSITY IS COMMITTED TO EQUAL OPPORTUNITY IN EMPLOYMENT AND EDUCATION WITHOUT REGARD TO RACE, COLOR, RELIGION, ANCESTRY, SEX, AGE, DISABILITY, NATIONAL ORIGIN, OR VETERAN STATUS IN ACCORDANCE WITH APPLICABLE LAWS. CONTINUED BELOW. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES OPERATING FUNDS DESIGNATED BY BOTH FEDERAL AND STATE GOVERNMENT FUNDING AGENCIES FOR SPECIFIC OPERATING PURPOSES. THE UNIVERSITY ALSO RECEIVES FINANCIAL AID FUNDS FOR ITS STUDENTS FROM BOTH FEDERAL AND STATE FUNDING AGENCIES AND ACTS AS THE CUSTODIAN AND DISBURSING AGENT FOR THESE FUNDS. LINE 3 CONTINUATION: THE UNIVERSITY VALUES THE BENEFITS OF DIVERSITY. IT IS COMMITTED TO CREATING A COMMUNITY WHICH RECOGNIZES THE INHERENT VALUE AND DIGNITY OF EACH PERSON. AS SUCH, THE UNIVERSITY PROMOTES AN AWARENESS OF AND SENSITIVITY TOWARDS DIFFERENCES OF RACE, GENDER, ETHNICITY, NATIONAL ORIGIN, CULTURE, SEXUAL ORIENTATION, RELIGION, AGE, AND DISABILITIES AMONG STUDENTS, FACULTY, STAFF, AND ADMINISTRATORS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 10010959 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDENT SERVICE LEARNING TRIP EXPENSES 109253 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROGRAM SERVICES STUDENT STUDY ABROAD TUITION, FEES, ROOM & BOARD; STUDENT RECRUITMENT EXPENSES 126694 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDENT STUDY ABROAD TUITION, FEES, ROOM & BOARD;STUDENT TRAVEL COURSES; FACULTY/STAFF TRAVEL EXPENSES 430693 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES FACULTY TRAVEL EXPENSES; ALUMNI EVENT EXPENSES;STUDENT RECRUITMENT EXPENSES; STUDENT SERVICE LEARNING TRIP EXPENSES 30816 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES STUDENT RECRUITMENT EXPENSES 8842 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDENT TRAVEL COURSES 11964 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 1 PROGRAM SERVICES STUDENT RECRUITMENT EXPENSES 21946 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDENT TRAVEL COURSES 3850 0 2 0 0 0 2 10751167 3850 10755017 1 0 0 1 0 0 X X X X X X 0 ROBERTS EVENT GROUP 491 YORK RD JENKINTOWN PA 19046 EVENT MANAGEMENT 0 1096177 20000 1076177 1096177 20000 1076177 AK CO MA NH PA WA DINNER 1096177 1000567 95610 190406 1500 94340 GOLF TOURNEY 188763 100074 88689 6668 90731 4890 1284940 1100641 184299 6668 281137 1500 99230 388535 -204236 1 UNIVERSITY FUNDED GRANTS/ASSISTANCE 3634 70270864 N/A N/A PART I, LINE 2: ALL UNIVERSITY STUDENTS ARE CONSIDERED FOR GRANTS AND/OR ASSISTANCE. THE UNIVERSITY'S FINANCIAL AID OFFICE EVALUATES EACH STUDENT'S FINANCIAL NEED BASED UPON INFORMATION PROVIDED ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). FINANCIAL AID OFFICE MANAGEMENT AWARDS MERIT SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED UPON DONOR STIPULATIONS AND AWARD FEDERAL, STATE, AND PRIVATE NEED-BASED AWARDS BASED ON FEDERAL OR OTHER GUIDELINES. STUDENTS RECEIVING AWARDS PROVIDE INFORMATION AND PARTICIPATE IN INTERVIEWS TO ENSURE THAT GUIDELINES AND RESIDENCY RULES AND REGULATIONS ARE MET. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 EDWARD J STEINMETZ CPA SVP FINANCE/TREASURER 347134 0 0 0 0 0 27000 0 19369 0 393503 0 0 0 GARY R OLSEN VP UNIVERSITY ADVANCEMENT 138732 0 0 0 0 0 13801 0 14242 0 166775 0 0 0 ROBERT B FARRELL ESQ GENERAL COUNSEL 214659 0 0 0 0 0 20695 0 47819 0 283173 0 0 0 MELISSA D STARACE INTERIM VP UNIVERSITY ADVANCEMENT 131109 0 0 0 0 0 13630 0 59316 0 204055 0 0 0 GERALD C ZABOSKI VICE PROVOST, EXTERNAL AFFAIRS 198898 0 0 0 0 0 19691 0 94489 0 313078 0 0 0 ANITRA M MCSHEA VICE PROVOST, STUDENT AFFAIRS 199081 0 0 0 0 0 20616 0 26760 0 246457 0 0 0 JOSEPH H DREISBACH PHD INTERIM PROVOST/SVP ACADEMIC AFFAIRS 256157 0 0 0 0 0 26250 0 30520 0 312927 0 0 0 PATRICIA HARRINGTON INTERIM ASSOC. PROVOST, INST. EFFECT 187519 0 0 0 0 0 18228 0 509 0 206256 0 0 0 BRIAN P CONNIFF PHD DEAN, CAS 198629 0 0 0 0 0 17335 0 26760 0 242724 0 0 0 MICHAEL O MENSAH PHD DEAN, KSOM 281663 0 0 0 0 0 22590 0 74667 0 378920 0 0 0 DEBRA A PELLEGRINO EDD DEAN, PCPS 216159 0 0 0 0 0 19115 0 503 0 235777 0 0 0 MURLI RAJAN PHD CFA ASSOCIATE DEAN, KSOM 172402 0 0 0 0 0 17532 0 39685 0 229619 0 0 0 DOUGLAS M BOYLE DBA CPA CMA ASSOCIATE PROFESSOR 341535 0 0 0 0 0 14804 0 109577 0 465916 0 0 0 JAMES F BOYLE DBA CPA ASSISTANT PROFESSOR 236587 0 0 0 0 0 12915 0 104839 0 354341 0 0 0 NABIL A TAMIMI PHD PROFESSOR 229656 0 0 0 0 0 12713 0 40589 0 282958 0 0 0 BRIAN W CARPENTER PHD PROFESSOR 221552 0 0 0 0 0 16312 0 12834 0 250698 0 0 0 DANIEL P MAHONEY PHD PROFESSOR 220965 0 0 0 0 0 16312 0 22781 0 260058 0 0 0 HAROLD W BAILLIE PHD PROFESSOR, FORMER OFFICER 129523 0 0 0 0 0 13010 0 22522 0 165055 0 0 0 ROBERT W DAVIS CHIEF OF STAFF, FORMER OFFICER 160573 0 0 0 0 0 15846 0 27495 0 203914 0 0 0 PATRICIA L TETREAULT AVP HUMAN RESOURCES, FORMER OFFICER 156627 0 0 0 0 0 16408 0 29425 0 202460 0 0 0 ROBYN L DICKINSON DIR INSTITUTIONAL RESEARCH, FORMER O 114527 0 0 0 0 0 11726 0 26860 0 153113 0 0 0 WILLIAM J WELSH PHD PROFESSOR, FORMER KEY EMPLOYEE 110211 0 0 0 0 0 10581 0 9983 0 130775 0 0 0 PART I, LINE 1A THE UNIVERSITY PAYS FOR INITIATION FEES AND MONTHLY DUES FOR A MEMBERSHIP FOR THE PRESIDENT TO THE SCRANTON COUNTRY CLUB. THE UNIVERSITY ALSO PAYS FOR THE ANNUAL MEMBERSHIP FEES FOR THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT IN HIS/HER ROLE AT THE FOLLOWING SOCIAL CLUBS: PYRAMID CLUB OF PHILADELPHIA, HAMILTON FARM GOLF CLUB OF GLADSTONE, NJ, AND GLENMAURA NATIONAL GOLF CLUB OF MOOSIC, PA. THESE MEMBERSHIPS ARE USED BY SENIOR ADMINISTRATORS TO HOST MEETINGS WITH BUSINESS PARTNERS OF THE UNIVERSITY, BOARD OF TRUSTEES MEMBERS, POTENTIAL DONORS, AND FACULTY AND STAFF. MEMBERSHIP IN THESE CLUBS ALLOWS FOR RECIPROCAL USE OF OTHER RELATED VENUES WITHIN THE UNITED STATES. THESE RECIPROCAL AGREEMENTS ALLOW SENIOR ADMINISTRATION TO HOST QUALITY BUSINESS AND FUNDRAISING EVENTS OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA. PART I, LINE 3 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THE TOTAL COMPENSATION PAID TO THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES THE PRESIDENT AS TO THE INDIVIDUAL EMPLOYMENT CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. A SCR-LACKAWANNA HEALTHWELFARE AUTHORITY 232205980 810694K73 2016-07-07 29240908 REFUNDING OF SERIES 2007 BONDS, WHICH WERE ISSUED 10/12/07 0 0 0 B CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254BT8 2015-08-04 39134183 REFUNDING OF 2006 BONDS, WHICH WERE ISSUED 03/02/06 0 0 0 C CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254AX0 2010-09-09 67855761 CONSTRUCTION OF LOYOLA SCIENCE CENTER, MULTI-PURPOSE 400 BED RESIDENCE HALL 0 0 0 D NE PA HOSPITAL & EDUCATION AUTHORITY 237394107 2014-09-11 20000000 PARTIAL FINANCING FOR CONSTRUCTION OF A NEW REHABILITATION EDUCATION CENTER 0 0 0 A 29240908 308557 28932351 2016 0 1 1 1 B 39134183 288533 38845650 2015 1 1 1 1 C 62400000 67855761 568398 67287363 2011 0 0 1 1 D 200000 20000000 101773 19898227 2015 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 B 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 C 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 D 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART I, BOND ISSUES: BOND ISSUE E: (A) ISSUER NAME: LACKAWANNA CNTY INDUSTRIAL DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: PARTIAL REFUNDING OF SERIES 2010 BONDS, WHICH WERE ISSUED 09/09/10, AND REFUNDING SERIES 2002 K1 BONDS, WHICH WERE ISSUED 12/16/02. SCHEDULE K, PART III, LINE 9: THE UNIVERSITY HAS PROCEDURES IN PLACE BUT NO WRITTEN POLICY TO ENSURE COMPLIANCE WITH THESE REQUIREMENTS. THE UNIVERSITY IS WORKING TO FINALIZE A FORMAL WRITTEN POLICY. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C BOND ISSUE A: (A) ISSUER NAME: SCRANTON-LACKAWANNA HEALTH AND WELFARE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/21/2017 BOND ISSUE C: (A) ISSUER NAME: CITY OF WILKES-BARRE FINANCING AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/15/2014 A LACKAWANNA CNTY INDUSTRIAL DEV AUTHORITY 232058328 505493AY2 2017-11-01 70539319 SEE PART VI 0 0 0 A 70539319 478216 70061103 2017 1 1 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 A 0 1 0 0 0 0 0 0 1 A 1 ROBERT B FARRELL ESQ SEE PART V SEE PART V X 77228 77228 0 1 1 77228 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: ROBERT B. FARRELL, ESQ.(B) RELATIONSHIP WITH ORGANIZATION: GENERAL COUNSEL(C) PURPOSE OF LOAN: EDUCATIONAL ASSISTANCE X 24 782883 MARKET VALUE X 13 1264 RECEIPTS X 1 10134 RECEIPTS X EVENT PRIZES 7 1617 RECEIPTS X SERVICE TRIP SUPPLIES 3 1255 RECEIPTS 13 0 1 1 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE TOTAL NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE UNIVERSITY OF SCRANTON UTILITIZES OUR PRIMARY BANKING PARTNER, PNC BANK, TO SELL ALL STOCK GIFTS AT MARKET VALUE AS THEY ARE RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT OF THE UNIVERSITY, REV. KEVIN P. QUINN, S.J., IS A MEMBER OF THE SCRANTON JESUIT COMMUNITY AND THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. OTHER CLERGY THAT ARE MEMBERS OF THE BOARD OF TRUSTEES MAY ALSO BE MEMBERS OF THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED IN-HOUSE BASED UPON THE AMOUNTS REPORTED IN THE AUDITED FINANCIAL STATEMENTS. THE DRAFT FORM 990 IS COMPLETED BY TREASURER'S OFFICE PERSONNEL AND IS REVIEWED BY INDEPENDENT TAX ADVISORS AND BY THE UNIVERSITY'S SENIOR VICE PRESIDENT (SVP) FOR FINANCE AND ADMINISTRATION BEFORE BEING SENT TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE HAS APPROXIMATELY A ONE-WEEK PERIOD PRIOR TO THE REGULARLY SCHEDULED BOARD MEETING TO COMMENT ON THE DRAFT AND APPROPRIATE REVISIONS ARE MADE BASED UPON THOSE COMMENTS. THE REVISED DRAFT IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES ON A SECURE UNIVERSITY WEBSITE. AT THE REGULAR BOARD MEETING THE BOARD FORMALLY ADOPTS THE FORM 990 AS FINAL AND AUTHORIZES THE UNIVERSITY'S SVP FOR FINANCE AND ADMINISTRATION TO FILE THE FORM 990 WITH THE IRS. AN IDENTICAL AND SIMULTANEOUS PROCESS IS FOLLOWED TO FILE THE UNIVERSITY'S ANNUAL FORM 990-T. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S SECRETARY TO THE BOARD OF TRUSTEES EXPLAINS AND COLLECTS COMPLETED CONFLICT OF INTEREST STATEMENTS. THE STATEMENTS ARE DISSEMINATED TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, THOSE INVOLVED IN MANAGING FACILITIES AND PROCUREMENT, AND INDIVIDUALS MANAGING GRANT-FUNDED PROJECTS. THESE STATEMENTS ARE REVIEWED BY THE SECRETARY AND THE INTERNAL AUDITOR. THE SECRETARY ATTENDS ALL BOARD MEETINGS WHERE ACTIONS ARE VOTED UPON TO ENSURE THAT INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS REFRAIN FROM 1) PARTICIPATING IN DISCUSSION, 2) BEING PRESENT DURING A VOTE, OR 3) VOTING UPON THE MATTER INVOLVING THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ASSURE THEY ARE APPROPRIATE TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE THE TOTAL COMPENSATION PAID THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES THE PRESIDENT AS TO INDIVIDUAL CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. MUCH OF THIS INFORMATION IS ALSO AVAILABLE IN THE UNIVERSITY'S ANNUAL INFORMATION RETURN ON FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 AND THE OTHER DOCUMENTS NOTED ABOVE ARE AVAILABLE TO THE PUBLIC AT THE UNIVERSITY'S TREASURER'S OFFICE. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ONLINE AT "WWW.GUIDESTAR.ORG." PART VII, SECTION A THOMAS S. MACKINNON, VP FOR UNIVERSITY ADVANCEMENT, WAS HIRED ON MARCH 19, 2018. HE HAD NO REPORTABLE COMPENSATION FROM THE UNIVERSITY DURING THE 2017 CALENDAR YEAR. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST LIABILITY 168,561. FORM 990, PART VII THE UNIVERSITY'S PRESIDENT IS A MEMBER OF THE SOCIETY OF JESUS. MEMBERS OF THE SOCIETY OF JESUS TAKE A VOW OF POVERTY. COMPENSATION FOR THIS UNIVERSITY OFFICER POSITION IS PAID DIRECTLY TO THE RELIGIOUS ORDER WHICH IS EXEMPT UNDER SECTION 501(C)(3). UNDER REV. RUL. 77-290, MEMBERS OF A RELIGIOUS ORDER PROVIDING SERVICES TO A CATHOLIC ORGANIZATION WILL BE CONSIDERED FOR TAX PURPOSES TO BE AN AGENT OF THE ORDER PROVIDED: 1) THE RELIGIOUS IS SUBJECT TO A VOW OF POVERTY, 2) THE RELIGIOUS IS PROVIDING SERVICES FOR A CATHOLIC ORGANIZATION LISTED IN THE OFFICIAL CATHOLIC DIRECTORY AT THE DIRECTION OF HIS SUPERIOR, AND 3) THE FULL AMOUNT OF COMPENSATION IS REMITTED TO THE TAX EXEMPT ORDER BY THE ORGANIZATION. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES IS APPOINTED BY THE BOARD TO ASSIST THE BOARD IN THE DISCHARGE OF ITS OVERSIGHT RESPONSIBILITIES. THE AUDIT COMMITTEE OVERSEES THE FINANCIAL REPORTING PROCESS TO ENSURE THE BALANCE, TRANSPARENCY, AND INTEGRITY OF PUBLISHED FINANCIAL INFORMATION. THE AUDIT COMMITTEE ALSO REVIEWS THE INDEPENDENT AUDIT PROCESS, INCLUDING RECOMMENDING THE APPOINTMENT AND ASSESSING THE PERFORMANCE OF THE EXTERNAL AUDITORS. FORM 990, PART VI, SECTION B, LINES 16A AND 16B THE UNIVERSITY MONITORS ITS RELATIONSHIPS WITH WITH FOR-PROFIT VENDORS TO ENSURE ITS TAX-EXEMPT STATUS IS NOT COMPROMISED AND IS IN THE PROCESS OF DEVELOPING A FORMAL WRITTEN POLICY TO DOCUMENT THESE PROCEDURES. THE UNIVERSITY HAS ENTERED INTO JOINT VENTURE ARRANGEMENTS WITH TWO PRIVATE ON-LINE EDUCATION PARTNERS TO PROVIDE TECHNICAL, RECRUITMENT, AND MARKETING SUPPORT FOR ITS ONLINE MBA AND ONLINE GRADUATE EDUCATION DEGREE PROGRAMS. THE UNIVERSITY EVALUATES ALL POTENTIAL JOINT VENTURES TO DETERMINE WHETHER THE ACTIVITIES WILL GENERATE UNRELATED BUSINESS INCOME. THE TREASURER'S OFFICE IS INVOLVED IN DISCUSSIONS WITH POTENTIAL BUSINESS PARTNERS AND ADVISES AS TO WHETHER OR NOT JOINT VENTURE RELATIONSHIPS COULD BE DETRIMENTAL TO THE UNIVERSITY'S TAX-EXEMPT STATUS. THE CURRENT JOINT VENTURES WITH ONLINE EDUCATION PROVIDERS CONSTITUTE ACTIVITIES CENTRAL TO THE UNIVERSITY'S MISSION.