2019-05-03T08:38:40-05:00 2018-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 191037341 990 2017-07-01 231657958 NEUMANN UNIVERSITY NEUM 6105585503 ONE NEUMANN DRIVE ASTON PA 190141298 GENE MCWILLIAMS VP FINANCE & ADMIN 6105585503 2019-05-01 1 JULIUS C GREEN CPA P00350393 2159720701 96.89.178.154 2019-05-01 09:09:53 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9D0D8DD59390B7764A3ECE0F40BBFE3618018605 2017 2019-02-21 02:37:17Z GENE MCWILLIAMS ONE NEUMANN DRIVE ASTON PA 190141298 88924658 0 X WWW.NEUMANN.EDU X 1965 PA TO MAINTAIN AND OPERATE A COLLEGE FOR THE LIBERAL EDUCATION OF MEN AND WOMEN. 23 22 952 7 -4043 -4043 3083227 4724913 63872358 61765523 1459000 1939687 818362 804426 69232947 69234549 17648804 18252823 0 0 27334127 26157271 0 22737 1505102 24476480 22869000 69459411 67301831 -226464 1932718 135248876 137781225 43177158 43561581 92071718 94219644 X NEUMANN UNIVERSITY EDUCATES A DIVERSE COMMUNITY OF LEARNERS BASED UPON THE BELIEF THAT KNOWLEDGE IS A GIFT TO BE SHARED IN THE SERVICE OF OTHERS AND THAT LEARNING IS A LIFELONG PROCESS. 0 0 58748692 18252823 61770292 NEUMANN UNIVERSITY IS A PRIVATE, CATHOLIC, FRANCISCAN, CO-EDUCATIONAL UNIVERSITY.FALL ENROLLMENT (FULL TIME AND PART TIME) FOR 2018 WAS 2,598 STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN A BROAD RANGE OF SUBJECTS. GRADUATE DEGREES INCLUDE THREE DOCTORAL PROGRAMS AND SIX MASTER OF SCIENCE PROGRAMS. STUDENT ACTIVITIES INCLUDE NUMEROUS CLUB ACTIVITIES, ART AND MUSICAL GROUPS, AND NINETEEN SPORTS TEAMS.FACULTY AND STUDENTS HAVE BEEN RECOGNIZED BY MANY ORGANIZATIONS FOR THEIR RESPECTIVE CONTRIBUTIONS TO ACADEMIC EXCELLENCE AND COMMUNITY SERVICE. DURING THE YEAR ENDED JUNE 30, 2018, THE UNIVERSITY PROVIDED STUDENTS WITH FINANCIAL AID FROM INTERNAL RESOURCES OF APPROXIMATELY $18,200,000 WHICH REPRESENTED ABOUT 34% OF GROSS TUITION AND FEE REVENUE FOR THE YEAR. 58748692 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 111 0 1 952 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO KY ME MD MA MI NH NY OH OK OR WA PA SC X GENE MCWILLIAMS VP FINANCE ADMIN 6105585503 ONE NEUMANN DRIVE ASTON PA 190141298 JAMES DELANEY CHAIR (UNTIL 6/2018) 1.00 X X 0 0 0 ANN BAIADA RN CRRN CHAIR (AS OF 6/2018) 1.00 X X 0 0 0 SR MARIE ANGELA PRESENZA OSF SECRETARY 1.00 X X 0 0 0 CHRISTOPHER E DOMES EDD PRESIDENT 40.00 X X 146085 0 18646 PETER ABESSINIO TRUSTEE 1.00 X 0 0 0 SR ESTHER ANDERSON OSF TRUSTEE 1.00 X 0 0 0 REV MSGR FEDERICO BRITTO TRUSTEE 1.00 X 0 0 0 THOMAS A BRUDER JR TRUSTEE 1.00 X 0 0 0 RENOLD J CAPOCASALE TRUSTEE 1.00 X 0 0 0 TERESA S COFFEY TRUSTEE 1.00 X 0 0 0 DEACON DANIEL N DELUCCA PDD TRUSTEE 1.00 X 0 0 0 JAY DEVINE TRUSTEE 1.00 X 0 0 0 THOMAS M DUGAN TRUSTEE 1.00 X 0 0 0 SR MARY FARRELL OSF TRUSTEE 1.00 X 0 0 0 JOHN C FORD TRUSTEE 1.00 X 0 0 0 REGINA HANEY EDD TRUSTEE 1.00 X 0 0 0 SR ELIZABETH HOWE OSF TRUSTEE 1.00 X 0 0 0 RICHARD F KLINEBURGER IIIESQ TRUSTEE 1.00 X 0 0 0 ANTHONY LATINI JR CFA TRUSTEE 1.00 X 0 0 0 JEFF MULLEN TRUSTEE 1.00 X 0 0 0 THOMAS P PHIAMBOLIS MD TRUSTEE 1.00 X 0 0 0 SR CHRISTA MARIE THOMPSON OSF PHD TRUSTEE 1.00 X 0 0 0 MICHAEL J TIERNEY ESQ TRUSTEE 1.00 X 0 0 0 ROSALIE MIRENDA PRESIDENT (EMERITAS) 40.00 X 485568 0 26367 STEVEN BELL EXEC. DIRECTOR PUBLIC RELATIONS 40.00 X 104190 0 15833 DAVID BROWNLEE VP HUMAN RESOURCES & RM 40.00 X 141404 0 22108 DIANNA DALE VPE & SA 40.00 X 148660 0 15800 LAWRENCE DIPAOLO VPAA 40.00 X 156860 0 29792 DANIELLE MCNICHOL GENERAL COUNSEL 40.00 X 126771 0 8382 GENE MCWILLIAMS VP FINANCE & ADMIN 40.00 X 138908 0 23846 HENRY SUMNER VP IAUR 40.00 X 127181 0 17023 ARDESHIR SHAHMAEI BUSINESS FACULTY 40.00 X 121167 0 17020 JILL DONNELLY DEAN CAPS 40.00 X 120915 0 15235 ALFRED MUELLER DEAN OF ARTS & SCIENCES 40.00 X 117336 0 27755 MEHDI HOJJAT BUSINESS FACULTY 40.00 X 116912 0 17030 KATHLEEN HOOVER DEAN NURSING & HEALTH SCIENCE 40.00 X 115718 0 20771 2167675 0 275608 28 0 1 0 ARAMARK PO BOX 33170 NEWARK NJ 07188 FACILITY SERVICES 6920868 SODEXO OPERATIONS LLC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2277615 ALLIED UNIVERSAL PO BOX 828854 PHILADELPHIA PA 19182 CAMPUS SECURITY SERVICES 1660763 RC TITTER CONSTRUCTION 600 SOUTH RIDLEY CREEK ROAD MEDIA PA 19063 CONSTRUCTION SERVICES 503380 KOVATCH LANDSCAPING PO BOX 2147 ASTON PA 19014 LANDSCAPING SERVICES 273902 5 150791 141125 2574919 1858078 4724913 TUITION AND FEES 611310 53971873 53971873 ROOM AND BOARD 611310 7793650 7793650 61765523 685349 68 685281 89892 93935 -4043 -4043 -4043 20263705 19009367 1254338 1254338 1254338 103680 150791 96056 7624 7624 780249 490751 289498 289498 CHILD DEVELOPMENT CENTER 611310 224916 224916 MEAL REVENUE 722210 154155 154155 FINES AND FEES 900099 31626 31626 100650 4701 95949 511347 69234549 61770292 -4043 2743387 X 18252823 18252823 1905091 521027 1262671 121393 18171533 16392884 1007554 771095 833083 711044 79429 42610 3817475 2521232 1175783 120460 1430089 1194668 170764 64657 52346 52346 74565 74565 22737 22737 7731083 5966706 1609470 154907 689222 617623 70599 1000 1795720 1364249 281426 150045 121406 12894 108512 2071722 1974503 97219 637900 545781 89958 2161 79286 55797 21686 1803 1547491 1547491 3057423 3057423 740534 740534 FOOD 1844301 1844301 OTHER EDUCATION EXPENSE 644986 197767 447219 LIBRARY EXPENSES 429580 429580 ENTERTAINMENT 364874 238166 88282 38426 986561 562199 410554 13808 67301831 58748692 7048037 1505102 5201 20222 18217795 12790062 566108 2219681 357566 439804 208240 205149 562787 555229 708879 972168 142105093 58427736 78456343 83677357 32919895 34425387 1175203 1175203 1646566 1256632 424293 44331 135248876 137781225 4114071 5814411 260082 866972 37337779 35529854 44331 1465226 1306013 43177158 43561581 X 76766977 77946942 6298665 6775662 9006076 9497040 92071718 94219644 135248876 137781225 1932718 215208 0 X 0 1 X 1 1 1 X 30752163 490964 2047982 199889 838943 32252277 28018805 727163 2987190 183265 797730 30752163 28205381 607373 137832 183036 748745 28018805 27614546 602930 849353 170296 691152 28205381 24238106 520326 3649001 157169 635718 27614546 0.61000 0.29000 0.10000 0 0 2330509 2330509 100965472 29626306 71339166 17972162 16268294 1703868 20836950 12533136 8303814 83677357 STUDENT DEPOSITS AND ADVANCE PAYMENTS 1244566 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 61447 1306013 X 51877676 215208 -18252823 -18037615 69915291 -680742 -680742 69234549 49729750 680742 680742 49049008 18252823 18252823 67301831 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE FOR SCHOLARSHIPS, OPERATING COSTS, AND FUTURE CAPITAL PROJECTS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FASB GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON THE FINANCIALS -18,252,823. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES -490,751. FUNDRAISING EXPENSES -96,056. RENTAL EXPENSES -93,935. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES 490,751. FUNDRAISING EXPENSES 96,056. RENTAL EXPENSES 93,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON THE FINANCIALS 18,252,823. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NON-DISCRIMINATORY POLICY APPEARS IN ALL ADVERTISEMENTS AND THE STUDENT AFFAIRS HANDBOOK. SCHEDULE E, PART I, LINE 6 NEUMANN UNIVERSITY RECEIVES PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY (PHEAA) INSTITUTIONAL ASSISTANCE FUNDS AS WELL AS FUNDS FROM THE DEPARTMENT OF EDUCATION AND THE STATE OF DELAWARE FOR FINANCIAL AID TO STUDENTS. X X X X X X X 1 RUFFALOCODY PO BOX 718 DES MOINES IA 503030718 PHONE SOLICITATIONS 0 13554 22737 5547 13554 22737 5547 SCHOLARSHIP GALA 181060 125751 55309 1007 13958 23580 4275 4865 "EVENING IN" 48629 19709 28920 3000 25920 1 24782 5331 19451 2744 16127 430 150 254471 150791 103680 1007 2744 33085 49500 4705 5015 96056 7624 1 STUDENT AID 1514 18252823 0 N/A PART I, LINE 2: NEUMANN UNIVERSITY'S PROCESS FOR MONITORING FINANCIAL AID AND MONITORING GRANT FUNDS IS A COMBINATION OF PROCEDURES INVOLVING THE FOLLOWING OFFICES; FINANCIAL AID, INSTITUTIONAL ADVANCEMENT, REGISTRAR, AND THE BUSINESS OFFICE. INSTITUTIONAL ADVANCEMENT AND THE FINANCIAL AID OFFICE AWARD SCHOLARSHIPS AND GRANTS ACCORDING TO THE SPECIFICATIONS/REQUIREMENTS OF THE SPECIFIC AWARD. THE FINANCIAL AID OFFICE, REGISTRAR, AND BUSINESS OFFICE COORDINATE THE AWARDING AND DOCUMENTATION OF FINANCIAL AID TO INCLUDE ELIGIBILITY OF FINANCIAL AID, NOTIFICATION OF STUDENTS, CHANGE OF STATUS, AND RECONCILEMENT OF STUDENT ACCOUNTS. X X 1 1 X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER E DOMES EDD PRESIDENT 146085 0 0 0 0 0 8920 0 9726 0 164731 0 0 0 ROSALIE MIRENDA PRESIDENT (EMERITAS) 485568 0 0 0 0 0 16197 0 10170 0 511935 0 0 0 DAVID BROWNLEE VP HUMAN RESOURCES & RM 141404 0 0 0 0 0 8049 0 14059 0 163512 0 0 0 DIANNA DALE VPE & SA 148660 0 0 0 0 0 7500 0 8300 0 164460 0 0 0 LAWRENCE DIPAOLO VPAA 156860 0 0 0 0 0 9794 0 19998 0 186652 0 0 0 GENE MCWILLIAMS VP FINANCE & ADMIN 138908 0 0 0 0 0 8188 0 15658 0 162754 0 0 0 PART I, LINE 1A NEUMANN UNIVERSITY PROVIDES FOR TRAVEL FOR THE PRESIDENT'S WIFE FOR BUSINESS TRIPS WHERE THE PARTICIPATION OF THE SPOUSE IS EXPECTED. PER THE PRESIDENT'S EMPLOYMENT CONTRACT, DR. DOMES RECEIVES A HOUSING ALLOWANCE OF $1,800 PER MONTH. A DELAWARE COUNTY AUTHORITY 231973437 246009MT0 2010-11-10 26382471 SEE PART IV 0 0 0 B DELAWARE COUNTY AUTHORITY 231973437 246008NU6 2016-01-28 18625494 SEE PART IV 0 0 0 A 7872471 26382471 399269 25983202 2011 1 1 1 1 B 2610494 18625494 16248491 343600 558449 2036402 2016 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 1 1 0 0.01000 0.00000 0.01000 0 0 0 A 0 0 1 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I, BOND ISSUES: BOND 1: (A) ISSUER NAME: DELAWARE COUNTY AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUND 1998A AND 2001 BOND ISSUES BOND 2: (A) ISSUER NAME: DELAWARE COUNTY AUTHORITY (F) DESCRIPTION OF PURPOSE: CONSTRUCTION FINANCING & ADVANCED REFUNDING OF 2008 BONDS SCHEDULE K, PART III, LINE 9 THE ORGANIZATION DOES NOT HAVE ANY NONQUALIFIED BONDS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE UNIVERSITY CONSIST OF THE CONGREGATIONAL MINISTER AND THE COUNCIL OF THE RELIGIOUS CONGREGATION OF THE SISTERS OF SAINT FRANCIS OF PHILADELPHIA. FORM 990, PART VI, SECTION A, LINE 7A SISTERS OF SAINT FRANCIS RESERVE THE POWER TO CHOOSE THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B THE SISTERS OF SAINT FRANCIS HAVE CERTAIN RESERVE POWER REGARDING DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SHARED WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. AFTER FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, A FINAL COPY IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE FORM 990 IS FILED. THE ANNUAL FEDERAL NON-PROFIT TAX RETURN FORM, IRS FORM 990, APPLICABLE TO NEUMANN UNIVERSITY, IS COMPLETED AND SUBMITTED TO THE IRS BY THE NEUMANN UNIVERSITY ADMINISTRATION THROUGH THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE UNIVERSITY PRESIDENT AND GENERAL COUNSEL REVIEW THE SIGNED STATEMENTS AND HANDLE ANY CONFLICTS OF INTEREST. INDIVIDUALS WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT HAS A CONTRACT WITH A TERM OF THREE YEARS. THE PRESIDENT'S COMPENSATION IS REVIEWED BY A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS (EVERY THREE YEARS) INCLUDES A REVIEW OF PEER COMPENSATION (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) - HUMAN RESOURCES SURVEY), THE UNIVERSITY'S MISSION AND VISION, ECONOMIC CLIMATE FOR THE REGION, AND THE ACHIEVEMENT OF GOALS AS CONTAINED IN THE STRATEGIC PLAN. WHEN THIS PROCESS IS COMPLETED, THE PRESIDENT'S COMPENSATION IS DECIDED AND INCLUDED IN THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF TRUSTEES. INCREASE IN COMPENSATION IS CONSISTENT FOR ALL KEY EMPLOYEES AND OFFICERS OF NEUMANN UNIVERSITY AND INCLUDED IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PERCENTAGE INCREASE FOR UNIVERSITY EMPLOYEES IS A COMBINATION OF ECONOMIC CONDITIONS FOR THE REGION AND THE CUPA SURVEY. THIS REVIEW IS DOCUMENTED CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 ACCESS TO THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL NOT BE UNREASONABLY WITHHELD. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 4,498,933. MANAGEMENT AND GENERAL EXPENSES 556,438. FUNDRAISING EXPENSES 154,907. TOTAL EXPENSES 5,210,278. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 265,832. MANAGEMENT AND GENERAL EXPENSES 429,545. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 695,377. HOUSEKEEPING CONTRACTS: PROGRAM SERVICE EXPENSES 1,201,941. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,201,941. A/R COLLECTION EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 623,487. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 623,487. SISTERS OF ST FRANCIS OF PHILADELPHIA 609 S CONVENT ROAD ASTON PA 19014 CONGREGATION OF CATHOLIC WOMEN RELIGIOUS PA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0