ALVERNIA UNIVERSITY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ALVERNIA UNIVERSITY (EIN 23-1522643)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-04-23
- IRS object ID
- 201831139349300523
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-04-23T12:10:38-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 Market Street Suite 4500 | AddressLine1Txt |
| City | Philadelphia | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037341 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231522643 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alvernia University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALVE | BusinessNameControlTxt |
| Phone | 6107965600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Saint Bernardine Street | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Douglas F Smith | PersonNm |
| Person Title | VP Finance & Admin | PersonTitleTxt |
| Phone | 6107965600 | PhoneNum |
| Signature | 2018-04-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Julius C Green CPA | PreparerPersonNm |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.207.120.2 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-04-23 | IPDt |
| IP Tm | 09:17:03 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9D0D8DD59390B7764A3ECE0F40BBFE3618018605 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Douglas F Smith | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Saint Bernardine Street | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $81,927,945 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.alvernia.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1958 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | A FAST GROWING FRANCISCAN UNIVERSITY GROUNDED IN THE CATHOLIC AND LIBERAL ARTS TRADITIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 41 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 1437 | TotalEmployeeCnt |
| Total Volunteers | 39 | TotalVolunteersCnt |
| Total Gross UBI | -$27,409 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$169,591 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,534,577 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,999,333 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $73,088,656 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $74,393,927 | CYProgramServiceRevenueAmt |
| PY Investment Income | $684,492 | PYInvestmentIncomeAmt |
| CY Investment Income | $651,551 | CYInvestmentIncomeAmt |
| PY Other Revenue | $834,122 | PYOtherRevenueAmt |
| CY Other Revenue | $856,760 | CYOtherRevenueAmt |
| PY Total Revenue | $79,141,847 | PYTotalRevenueAmt |
| CY Total Revenue | $79,901,571 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,961,218 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $20,008,311 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,974,209 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $32,153,453 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,376,191 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,019,669 | PYOtherExpensesAmt |
| CY Other Expenses | $23,856,497 | CYOtherExpensesAmt |
| PY Total Expenses | $74,955,096 | PYTotalExpensesAmt |
| CY Total Expenses | $76,018,261 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,186,751 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,883,310 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $137,335,508 | TotalAssetsBOYAmt |
| Total Assets EOY | $142,858,991 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $74,695,002 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $71,763,393 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $62,640,506 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $71,095,598 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ALVERNIA is a fast growing Franciscan university, grounded in the Catholic and liberal arts traditions, that combines diverse academic opportunities with personal attention and an unmatched commitment to community service. CONTINUED ON SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $61,511,908 | ExpenseAmt |
| Grant | $20,008,311 | GrantAmt |
| Revenue | $74,393,927 | RevenueAmt |
| Desc | CONDUCT, OPERATE AND MAINTAIN A COLLEGE FOR THE EDUCATION, TRAINING, AND SPIRITUAL GUIDANCE OF MEN AND WOMEN, WITH THE POWER TO CONFER UPON STUDENTS, WHO HAVE SUCCESSFULLY COMPLETED THE REQUIRED COURSES, THE DEGREE OF BACHELOR OF ARTS AND THE DEGREE OF BACHELOR OF SCIENCE, AND SUCH OTHER DEGREES AS MAY BE APPROVED AND AUTHORIZED BY THE DEPARTMENTOF EDUCATION OF THE COMMONWEALTH OF PENNSYLVANIA. THE COLLEGE HAS APPROXIMATELY 3,000 STUDENTS, INCLUDING UNDERGRADUATES, GRADUATES, AND PHD STUDENTS. APPROXIMATELY 40% OF THE FULL-TIME UNDERGRADUATE STUDENTS COME FROM BERKS COUNTY, PA, 50% FROM OTHER PENNSYLVANIA AREAS, AND 10% FROM OTHER STATES AND COUNTRIES. | Desc |
| Total Program Service Expenses | $61,511,908 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 101 | IRPDocumentCnt |
| IRP Document W2 G | 2 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1437 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 41 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Douglas F Smith VP Finance & Admin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6107965600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Saint Bernardine Street | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Kevin F St Cyr | |||||||
| Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| John d wanner cae | |||||||
| Vice Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Sr Danielle Marie Kubelsky OSF | |||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Heidi B Masano Esq | |||||||
| University Counsel | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGEL HELM | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| benjamin j zintak iii | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| c thomas work esq | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| carl herbein cpa | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| carol l hinds phd | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| charles barbera md | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| charles flynn | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| cynthia boscov | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ellen huyett | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| elsayed elmarzouky | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| gregory j shemanski | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| james c sweeney | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| jeanne savage | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| jeffrey rush | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| kathleen w kleppinger | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| michael a mullen | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| michael fromm | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| michelle m davis | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| patrick shields | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| paul trunk | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| paula barrett | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| peter rye | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| rachel a maher dmd | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert balthaser | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert davis | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert j mccormack | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| sr antoinette keiser osf | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| sr david ann niski | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| sr madonna marie harvath osf | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| sr marilisa da silva osf | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| sr shaun kathleen wilson osf | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| stephen banco md | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| stephen najarian | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| thomas e beeman | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| thomas w martell | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| timothy dietrich esq | |||||||
| TRUStee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS F FLYNN PHD | |||||||
| PRESIDENT (BASE COMP) | 40.00 | Yes (X) | Yes (X) | $292,732 | $0 | $176,905 | |
| THOMAS F FLYNN PHD | |||||||
| PRESIDENT (BONUS) | 40.00 | Yes (X) | Yes (X) | $66,793 | $0 | $0 | |
| Douglas F Smith | |||||||
| VP-Finance & Admin | 40.00 | Yes (X) | $186,208 | $0 | $41,701 | ||
| Shirley J Williams | |||||||
| Provost | 40.00 | Yes (X) | $177,391 | $0 | $33,870 | ||
| John R McCloskey jr | |||||||
| VP-Enrollment Management | 40.00 | Yes (X) | $164,245 | $0 | $39,439 | ||
| Joseph J Cicala | |||||||
| VP-University Life | 40.00 | Yes (X) | $130,350 | $0 | $31,251 | ||
| BRADLEY DREXLER | |||||||
| VP-MARKETING (until 11.11.16) | 40.00 | Yes (X) | $155,372 | $0 | $24,755 | ||
| LARRY SHAUB | |||||||
| CONTROLLER | 40.00 | $121,831 | $0 | $35,656 | Yes (X) | ||
| Tufan Tiglioglu | |||||||
| Assoc Prof/PhD Dir | 40.00 | $132,144 | $0 | $23,116 | Yes (X) | ||
| Thomas Porrazzo | |||||||
| Assoc Prof/Dept Chair | 40.00 | $136,306 | $0 | $18,307 | Yes (X) | ||
| Karen Thacker | |||||||
| Dean-prof programs | 40.00 | $118,119 | $0 | $30,017 | Yes (X) | ||
| BETH ROTH | |||||||
| DEAN-ARTS & SCIENCE | 40.00 | $114,255 | $0 | $29,510 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,795,746 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $484,527 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 19 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALADDIN | |||||
| 16567 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | FOOD SERVICES | $2,916,449 |
| BARWIS CONSTRUCTION | |||||
| PO BOX 97 | LIMEKILN | PA | 19535 | CONSTRUCTION | $2,779,752 |
| Associated Construction | |||||
| 506 Morgantown Road | Reading | PA | 19611 | Construction | $1,061,435 |
| Gillespie Contracting INc | |||||
| 171 Indian Run Road | Glenmoore | PA | 19343 | Construction | $1,022,861 |
| Security Guards INc | |||||
| PO Box 6283 | Wyomissing | PA | 19610 | Campus Security | $990,755 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 30 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $16,400 | FundraisingAmt |
| Government Grants | $2,174,037 | GovernmentGrantsAmt |
| All Other Contributions | $1,808,896 | AllOtherContributionsAmt |
| Noncash Contributions | $550,846 | NoncashContributionsAmt |
| Total Contributions | $3,999,333 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $63,859,336 | $63,859,336 |
| AUXILIARY ENTERPRISES | 611710 | $10,534,591 | $10,534,591 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $74,393,927 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $627,864 | TotalRevenueColumnAmt |
| Exclusion | $627,864 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $200,660 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $270,007 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$69,347 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$69,347 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$183,121 | UnrelatedBusinessRevenueAmt |
| Exclusion | $113,774 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,754,493 | SecuritiesAmt |
| Other | $3,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,733,776 | SecuritiesAmt |
| Other | $30 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,717 | SecuritiesAmt |
| Other | $2,970 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,687 | TotalRevenueColumnAmt |
| Exclusion | $23,687 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $16,350 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $16,400 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $22,561 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,211 | TotalRevenueColumnAmt |
| Exclusion | -$6,211 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| STUDENT FEES AND FINES | 900099 | $392,527 | $392,527 | |
| COMMISSIONS AND REBATES | 900099 | $205,801 | $205,801 | |
| Event Income | 900099 | $155,712 | $155,712 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178,278 | TotalRevenueColumnAmt |
| Exclusion | $178,278 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $932,318 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $79,901,571 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $74,393,927 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$27,409 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,535,720 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,008,311 | TotalAmt |
| Program Services | $20,008,311 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,948,115 | TotalAmt |
| Program Services | $18,754,520 | ProgramServicesAmt |
| Management And General | $3,626,384 | ManagementAndGeneralAmt |
| Fundraising | $567,211 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,780,000 | TotalAmt |
| Program Services | $1,410,379 | ProgramServicesAmt |
| Management And General | $307,903 | ManagementAndGeneralAmt |
| Fundraising | $61,718 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,969,966 | TotalAmt |
| Program Services | $4,730,289 | ProgramServicesAmt |
| Management And General | $1,032,680 | ManagementAndGeneralAmt |
| Fundraising | $206,997 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,455,372 | TotalAmt |
| Program Services | $1,153,161 | ProgramServicesAmt |
| Management And General | $251,749 | ManagementAndGeneralAmt |
| Fundraising | $50,462 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,162 | TotalAmt |
| Management And General | $146,162 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,232 | TotalAmt |
| Management And General | $84,232 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,109 | TotalAmt |
| Program Services | $19,109 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,290 | TotalAmt |
| Management And General | $82,290 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,135,059 | TotalAmt |
| Program Services | $4,641,426 | ProgramServicesAmt |
| Management And General | $2,307,370 | ManagementAndGeneralAmt |
| Fundraising | $186,263 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $635,568 | TotalAmt |
| Program Services | $3,255 | ProgramServicesAmt |
| Management And General | $632,313 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,204,424 | TotalAmt |
| Program Services | $925,026 | ProgramServicesAmt |
| Management And General | $220,401 | ManagementAndGeneralAmt |
| Fundraising | $58,997 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $791,065 | TotalAmt |
| Program Services | $312,919 | ProgramServicesAmt |
| Management And General | $478,146 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,510,213 | TotalAmt |
| Program Services | $1,239,976 | ProgramServicesAmt |
| Management And General | $252,209 | ManagementAndGeneralAmt |
| Fundraising | $18,028 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,475 | TotalAmt |
| Program Services | $165,336 | ProgramServicesAmt |
| Management And General | $36,994 | ManagementAndGeneralAmt |
| Fundraising | $16,145 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,936 | TotalAmt |
| Program Services | $153,061 | ProgramServicesAmt |
| Management And General | $42,934 | ManagementAndGeneralAmt |
| Fundraising | $6,941 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,635,959 | TotalAmt |
| Program Services | $1,390,566 | ProgramServicesAmt |
| Management And General | $229,034 | ManagementAndGeneralAmt |
| Fundraising | $16,359 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,330,513 | TotalAmt |
| Program Services | $4,530,938 | ProgramServicesAmt |
| Management And General | $746,271 | ManagementAndGeneralAmt |
| Fundraising | $53,304 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $373,516 | TotalAmt |
| Program Services | $15,645 | ProgramServicesAmt |
| Management And General | $357,864 | ManagementAndGeneralAmt |
| Fundraising | $7 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| repairs and maintenance | $1,280,348 | $722,693 | $551,085 | $6,570 |
| Bad debts | $909,289 | $909,289 | ||
| Discounts | $511,678 | $499,522 | $11,345 | $811 |
| Programming activities | $447,865 | $262,682 | $185,183 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,337,796 | TotalAmt |
| Program Services | $573,094 | ProgramServicesAmt |
| Management And General | $638,324 | ManagementAndGeneralAmt |
| Fundraising | $126,378 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,018,261 | TotalAmt |
| Program Services | $61,511,908 | ProgramServicesAmt |
| Management And General | $13,130,162 | ManagementAndGeneralAmt |
| Fundraising | $1,376,191 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,590 | BOYAmt |
| EOY | $1,890 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,624,857 | BOYAmt |
| EOY | $3,462,412 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,639,015 | BOYAmt |
| EOY | $2,375,382 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,390,339 | BOYAmt |
| EOY | $1,987,726 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $442,469 | BOYAmt |
| EOY | $341,854 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $602,283 | BOYAmt |
| EOY | $640,855 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $156,831,016 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $53,406,014 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,450,134 | BOYAmt |
| EOY | $103,425,002 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,257,713 | BOYAmt |
| EOY | $29,717,288 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $927,108 | BOYAmt |
| EOY | $906,582 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,335,508 | BOYAmt |
| EOY | $142,858,991 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,525,860 | BOYAmt |
| EOY | $4,276,021 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,000 | BOYAmt |
| EOY | $720,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,335,976 | BOYAmt |
| EOY | $56,307,421 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,587,513 | BOYAmt |
| EOY | $6,722,507 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,505,653 | BOYAmt |
| EOY | $3,737,444 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,695,002 | BOYAmt |
| EOY | $71,763,393 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,930,350 | BOYAmt |
| EOY | $55,502,920 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,141,865 | BOYAmt |
| EOY | $2,930,439 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,568,291 | BOYAmt |
| EOY | $12,662,239 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,640,506 | BOYAmt |
| EOY | $71,095,598 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,335,508 | BOYAmt |
| EOY | $142,858,991 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,883,310 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,035,812 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,535,970 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $19,109 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $19,109 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | ALVERNIA WORKS WITH AN ORGANIZATION THAT HELPS THE UNIVERSITY OBTAIN EARMARKS THROUGH THE FEDERATION APPROPRIATIONS PROCESS. THIS ORGANIZATION ALSO HAS A GRANT DEPARTMENT THAT WORKS WITH ALVERNIA TO SEARCH FOR FUNDING SOURCES FROM PRIVATE FOUNDATIONS AND GOVERNMENT AGENCIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $16,650 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,568,291 | BeginningYearBalanceAmt |
| Contributions | $31,295 | ContributionsAmt |
| Investment Earnings Or Losses | $1,422,479 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $359,826 | GrantsOrScholarshipsAmt |
| End Year Balance | $12,662,239 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,738,276 | BeginningYearBalanceAmt |
| Contributions | $2,283,621 | ContributionsAmt |
| Investment Earnings Or Losses | -$129,431 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $324,175 | GrantsOrScholarshipsAmt |
| End Year Balance | $11,568,291 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,975,834 | BeginningYearBalanceAmt |
| Contributions | $56,172 | ContributionsAmt |
| Investment Earnings Or Losses | $112,600 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $406,330 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,738,276 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,126,172 | BeginningYearBalanceAmt |
| Contributions | $81,884 | ContributionsAmt |
| Investment Earnings Or Losses | $1,007,963 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $240,185 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,975,834 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,573,907 | BeginningYearBalanceAmt |
| Contributions | $166,321 | ContributionsAmt |
| Investment Earnings Or Losses | $682,632 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $296,688 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,126,172 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,622,276 | OtherCostOrOtherBasisAmt |
| Book Value | $6,622,276 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $109,885,032 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,956,548 | DepreciationAmt |
| Book Value | $76,928,484 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,700,447 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,457,790 | DepreciationAmt |
| Book Value | $5,242,657 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,623,261 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,991,676 | DepreciationAmt |
| Book Value | $14,631,585 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $103,425,002 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| AGENCY FUNDS | $885,517 |
| gift annuities | $235,423 |
| FEDERAL LOAN PROGRAM ADVANCES | $391,321 |
| STUDENT DEPOSITS | $1,653,059 |
| Capital Lease Obligations | $572,124 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,737,444 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $64,706,082 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,035,812 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $30,762 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$18,554,631 | OtherRevenueAmt |
| Revenue Not Reported | -$15,488,057 | RevenueNotReportedAmt |
| Revenue Subtotal | $80,194,139 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$292,568 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$292,568 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $79,901,571 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $56,250,990 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $30,762 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $292,568 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $323,330 | ExpensesNotReportedAmt |
| Expenses Subtotal | $55,927,660 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $20,090,601 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $20,090,601 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $76,018,261 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | DURING FISCAL YEAR 2015, ALVERNIA UNIVERSITY RECEIVED AN ELLIOT CLOCK AS A DONATION. THE CLOCK IS ON DISPLAY AS A HISTORICAL TREASURE IN THE FRANCO LIBRARY FOR THE ENRICHMENT OF THE COLLEGE AND ITS STUDENTS. |
| Part V, Line 4: | Alvernia University's endowment funds are used for student scholarships and capital purchases including technology and deferred maintenance. |
| Part X, Line 2: | The University accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. Management determined there were no tax uncertainties that met the recognition threshold at June 30, 2017 and 2016. The University's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. |
| Part XI, Line 2d - Other Adjustments: | STUDENT FINANCIAL AID (netted to revenue on f/s) -20,008,311. investment fees (netted to revenue on f/s) -82,290. Gain on involuntary conversion 1,535,970. |
| Part XI, Line 4b - Other Adjustments: | RENTAL EXPENSE -270,007. Fundraising Events Expense -22,561. |
| Part XII, Line 2d - Other Adjustments: | RENTAL EXPENSE 270,007. Fundraising Events Expense 22,561. |
| Part XII, Line 4b - Other Adjustments: | STUDENT FINANCIAL AID (netted to revenue on f/s) 20,008,311. investment fees (netted to revenue on f/s) 82,290. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The University's policy of non discrimination is included in its "University catalog", financial aid literature, brochures, and general advertising. |
| Schedule E, Part I, Line 6 | THE UNIVERSITY RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT FROM THE COMMONWEALTH OF PENNSYLVANIA. THE UNIVERSITY RECEIVES FUNDS FROM THE FEDERAL DEPARTMENT OF EDUCATION UNDER STUDENT FINANCIAL ASSITANCE PROGRAMS. THE UNIVERSITY ALSO RECEIVES OTHER FEDERAL FUNDS EITHER DIRECTLY OR INDIRECTLY FROM THE U.S. DEPARTMENT OF LABOR OR THE U.S. DEPARTMENT OF JUSTICE. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Schlager Golf Outing | Event1Nm |
| Gross Receipts Event1 | $32,750 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $16,400 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $16,350 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $3,412 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $19,149 | RentFacilityCostsEvent1Amt |
| Gross Receipts Total | $32,750 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $16,400 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $16,350 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $3,412 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $19,149 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $22,561 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,211 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Institutional Discounts | 387 | $661,046 |
| Endowed Scholarships | 131 | $270,575 |
| Institutional Scholarships | 2501 | $19,076,690 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grant funding is awarded to eligible students through the admission process as well as through the completion of the annual Free Application for Federal Student Aid (FAFSA). Upon acceptance to the university, if determined eligible by Admissions, traditional undergraduate students are awarded with institutional merit or partnership aid. When the Office of Student Financial Planning (SFP) packages student aid, these funds are awarded to the eligible student. Once the student has filed the FAFSA form, additional aid including federal and state grant/loan funds are awarded as well. If financial aid files are completed with missing documentation, student aid awards are reviewed and revised as necessary. The SFP Office works closely with the Student Account Office (SAO) to reconcile institutional, federal, and grant funding on an ongoing basis throughout the academic year. Reports are run from the SFP Office and sent to SAO to review and identify any aid discrepancies. If any are identified, the aid is adjusted as necessary. The SFP Office requests a year-to-date Federal Pell Grant file from COD every couple of months to reconcile the awarding, disbursement, and cancellation of a student's grant awards. As the award year comes to an end, reports may be run on a weekly basis from the SFP, SAO, and COD systems to be sure all the funding awarded is reconciled accurately. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS F FLYNN PHD | ||||||||||||||
| PRESIDENT (BASE COMP) | $292,732 | $0 | $0 | $0 | $0 | $0 | $153,685 | $0 | $23,220 | $0 | $469,637 | $0 | $0 | $0 |
| THOMAS F FLYNN PHD | ||||||||||||||
| PRESIDENT (BONUS) | $0 | $0 | $66,793 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66,793 | $0 | $0 | $0 |
| Douglas F Smith | ||||||||||||||
| VP-Finance & Admin | $180,208 | $0 | $6,000 | $0 | $0 | $0 | $18,650 | $0 | $23,051 | $0 | $227,909 | $0 | $0 | $0 |
| Shirley J Williams | ||||||||||||||
| Provost | $173,891 | $0 | $3,500 | $0 | $0 | $0 | $18,300 | $0 | $15,570 | $0 | $211,261 | $0 | $0 | $0 |
| John R McCloskey jr | ||||||||||||||
| VP-Enrollment Management | $159,245 | $0 | $5,000 | $0 | $0 | $0 | $16,375 | $0 | $23,064 | $0 | $203,684 | $0 | $0 | $0 |
| Joseph J Cicala | ||||||||||||||
| VP-University Life | $127,850 | $0 | $2,500 | $0 | $0 | $0 | $13,250 | $0 | $18,001 | $0 | $161,601 | $0 | $0 | $0 |
| BRADLEY DREXLER | ||||||||||||||
| VP-MARKETING (until 11.11.16) | $147,872 | $0 | $7,500 | $0 | $0 | $0 | $15,537 | $0 | $9,218 | $0 | $180,127 | $0 | $0 | $0 |
| LARRY SHAUB | ||||||||||||||
| CONTROLLER | $118,331 | $0 | $3,500 | $0 | $0 | $0 | $12,530 | $0 | $23,126 | $0 | $157,487 | $0 | $0 | $0 |
| Tufan Tiglioglu | ||||||||||||||
| Assoc Prof/PhD Dir | $131,144 | $0 | $1,000 | $0 | $0 | $0 | $13,701 | $0 | $9,415 | $0 | $155,260 | $0 | $0 | $0 |
| Thomas Porrazzo | ||||||||||||||
| Assoc Prof/Dept Chair | $135,306 | $0 | $1,000 | $0 | $0 | $0 | $13,531 | $0 | $4,776 | $0 | $154,613 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The President lives in a University owned house. The University also pays for social club dues for the President. These benefits are not considered taxable income as these benefits are for business purposes - the residence and social club membership is owned by the University and the President uses it as part of his responsibilities. |
| Part I, Line 4b | Dr. Thomas Flynn participates in 457(f) and 457(g) retirement plans. Contributions during the current year were $89,299 and $33,333. |
| Part I, Line 7 | DR. FLYNN'S BONUS IS CONTRACTUAL. THE PRESIDENT'S BONUS IS APPPROVED ANNUALLY BY THE BOARD OF TRUSTEES. BONUSES FOR OTHER OFFICERS AND EMPLOYEES ARE BASED ON THE OVERALL PERFORMANCE OF THE UNIVERSITY AND PERSONAL GOAL ATTAINMENT BY THE EMPLOYEE. BONUSES FOR THE VICE PRESIDENTS ARE REVIEWED AND APPROVED BY THE PRESIDENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| Municipal Authority of South Heidelberg | |||||||
| A | 364597945 | 2011-04-01 | $9,945,000 | SEE PART VI | 0 | 0 | 0 |
| Municipal Authority of South Heidelberg | |||||||
| B | 364597945 | 2007-12-20 | $10,000,000 | SEE PART VI | 0 | 0 | 0 |
| Redevelopment Authority of County of Berks | |||||||
| C | 231719387 | 2006-05-17 | $8,000,000 | SEE PART VI | 0 | 0 | 0 |
| Robeson Township Municipal Authority | |||||||
| D | 236844459 | 2011-05-26 | $10,000,000 | SEE PART VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,010,000 | $9,945,000 | $9,945,000 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) | ||
| B | $200,000 | $10,000,000 | 2009 | 0 | 0 | Yes (1) | Yes (1) | $76,574 | $9,923,426 | |
| C | $1,633,111 | $8,000,000 | 2009 | Yes (1) | 0 | Yes (1) | Yes (1) | $7,337,481 | ||
| D | $3,316,215 | $10,000,000 | $8,995,000 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, BOND ISSUES | BOND ISSUE DATED 4/1/11: (A) ISSUER NAME: Municipal Authority of South Heidelberg (B) DESCRIPTION OF PURPOSE: Refunding of 12-23-08 Revenue Note BOND ISSUE DATED 12/20/07: (A) ISSUER NAME: Municipal Authority of South Heidelberg (B) DESCRIPTION OF PURPOSES: Construction and Capital Renovations BOND ISSUE DATED 5/17/06: (A) ISSUER NAME: Redevelopment Authority of County of Berks (B) DESCRIPTION OF PURPOSE: Construction and Capital Renovations BOND ISSUE DATED 5/26/11: (A) ISSUER NAME: Robeson Township Municipal Authority (B) DESCRIPTION OF PURPOSE: Refunding 04-22-04 Revenue Note BOND ISSUE DATED 10/20/11: (A) ISSUER NAME: Municipal Authority of Cumru Township (B) DESCRIPTION OF PURPOSE: Construction and Capital Renovations BOND ISSUE DATED 4/8/12: (A) ISSUER NAME: Redevelopment Authority of Reading (B) DESCRIPTION OF PURPOSE: Construction and Capital Renovations BOND ISSUE DATED 4/18/17: (A) ISSUER NAME: Municipal Authority of South Heidelberg (B) DESCRIPTION OF PURPOSE: Property Acquisitions, Construction, and Capital Renovation |
| SCHEDULE K, PART II, Total Proceeds of Issue | BOND ISSUE DATED 4/18/17: Line 3: Total proceeds of issue varies from the issue price due to current construction processes. The amount reported on line 3 represents the amount of funds the University has drawn down from the bond. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| Municipal Authority of Cumru Township | |||||||
| A | 236000288 | 2011-10-20 | $10,000,000 | SEE PART VI | 0 | 0 | 0 |
| Redevelopment Authority of Reading | |||||||
| B | 236050281 | 2012-04-08 | $10,000,000 | SEE PART VI | 0 | 0 | 0 |
| Municipal Authority of South Heidelberg | |||||||
| C | 364597945 | 2017-04-18 | $10,000,000 | SEE PART VI | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $750,000 | $10,000,000 | $96,660 | $9,903,340 | 2012 | 0 | 0 | Yes (1) | Yes (1) |
| B | $600,000 | $10,000,000 | $97,500 | $9,902,500 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| C | $4,205,378 | $4,205,378 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| James Sweeney | |||
| Trustee | $594,000 | See part V | 0 |
| Jeffrey Rush | |||
| Trustee | $472,829 | See part V | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Sch L, Part IV, Business Transactions involving interested persons: | FormAndLineReferenceDesc |
| Explanation | (D) Description of Transaction: James Sweeney is a trustee of Alvernia and the President of Distributed Systems, Inc. (DSS). Alvernia Paid DSS $594,000 for outsourced IT service desk, CIO, and a project manager during the fiscal year ending June 30, 2017.Jeffrey Rush is a trustee of Alvernia and the Regional President of Fulton Bank. Alvernia paid Fulton Bank $472,829 for interest expenses on their outstanding line of credit and long-term debt during the fiscal year ending June 30, 2017. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $550,846 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | CLOSING COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number in Column B represents the total number of contributors. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 | Situated on a scenic 121-acre suburban campus in historic Berks County, PA, the university is conveniently located near Philadelphia (60 miles) and within an easy drive of New York, Baltimore, and Washington DC. With a College of Arts and Sciences and College of Professional Studies, Alvernia offers more than 50 undergraduate majors and minors including pre-professional programs in medicine, dentistry, law, and veterinary medicine. The university also provides a broad range of graduate programs at the masters and doctoral levels through its School of Graduate and Adult Education. The university's main campus is located in Reading, Pennsylvania, with satellite sites in the Philadelphia and Schuylkill County areas. Alvernia supports a stimulating and caring learning community that is welcoming to more than 3,000 students who hail from diverse geographical, cultural, and religious backgrounds. They benefit from faculty who are accomplished scholars and supportive mentors. Alvernia students also enjoy the personal attention afforded by small class sizes and real world application of their studies via an extensive network of field experiences, internships, and service projects that develop successful professionals and engaged citizens. Through a cutting edge partnership with the Online Consortium of Independent Colleges and Universities, Alvernia offers access to more than 700 Web-based courses and provides a boundary-free approach to learning. Alvernia is also a great value among private universities, and works hard to keep costs affordable for families. In fact, when compared to other leading private colleges, the university's undergraduate tuition cost is less than the national average. The school also offers generous scholarships and financial aid to help students realize their college dreams. Alvernia has always viewed its role as a community partner, a concept that is vital to our mission. That partnership takes on many forms. Throughout our history, Alvernia has had positive impact on the region and city of Reading through taxes paid (Payroll and real estate); voluntary payments made in lieu of taxes (PILOT); services rendered in lieu of taxes (SILOT); as well as direct spending related to students, visitors, institutional expenditures, and employees who live and work in the area. On an annual basis, the amount of taxes paid, PILOT payments, value of SILOT initiatives, and rental discounts (given to the reading police academy) totals nearly $150,000. the total economic impact related to the university is significantly higher, estimated at more than $50 million annually. As one of only 22 Franciscan institutions in the United States, Alvernia's values-based learning philosophy is guided by the ideal of "knowledge joined with love" that shapes both its educational philosophy and strong campus community. The university's emphasis on developing ethical leaders with moral courage is blended with a commitment to service in a campus environment that provides students the ideal setting to grow and develop. The university's athletic teams, the Golden Wolves, compete under the National Collegiate Athletic Association Division III and are members of the Commonwealth Conference of the Middle Atlantic States Athletic Corporation, as well as members of the Eastern College Athletic Conference. Athletic programs include men's baseball and ice hockey; men's and women's basketball, cross country, golf, lacrosse, soccer, tennis, and track and field; and women's cheerleading, dance, field hockey, softball, and volleyball. Alvernia's Franciscan heritage includes a strong intellectual tradition that recognizes and values the importance of diversity of thought, faiths, and cultures. The university challenges students to shape the world and transform it as working professionals, concerned citizens, and caring community members, consistent with the principles and teachings of Saint Francis of Assisi. The Bernardine Franciscan sisters, who founded Alvernia in 1958, are members of the Third Order Regular of St. Francis. The Third Order was a spontaneous penitential lay movement influenced by St. Francis and the early brothers as they worked and preached in cities and towns of Italy, encouraging people to live the gospel and embrace a life of penance in their own homes. Some of these penitents eventually decided to take public vows and live a common life, and the Bernardine Franciscan Sisters are one of many religious congregations sharing this Third Order charism. As a Franciscan university, Alvernia's identity is based on life changing ideals that stress unconditional love for all people, compassion, humility, and forgiveness through an understanding of the gospels of Jesus Christ. Core to its mission is the belief in the sanctity of human life and the protection of human rights through active participation in the economic, political, legal, and social policy dialog that affects human dignity. Service, humility, peacemaking, contemplation, and collegiality are the core values of Alvernia and the Bernardine Franciscan Sisters. These basic values are intended to inform a way of life, a view of the world, and a definition of men's and women's relationships to their Creator that is more relevant today than ever before. Alvernia's Franciscan mission influences all that it does - its curriculum and culture; what the university teaches and how it is taught. This creates a learning environment that encourages students to follow their individual gifts to transform themselves and the world around them. |
| Form 990, Part VI, Section A, line 3 | The University outsources its Human Resource Function. |
| Form 990, Part VI, Section A, line 6 | The members of the corporation shall service in an ex-officio capacity and shall consist of the general minister and council of the congregation of Bernardine Sisters of the Third Order of St. Francis of Reading, PA. |
| Form 990, Part VI, Section A, line 7b | Members have the power to do the following: - Determine and maintain the identity, purpose, and Franciscan affiliation of the corporation. - Adopt, amend, repeal, or alter the articles of incorporation and bylaws of the corporation. - Approve the sale, purchase, mortgage, or encumbrance of any real property transaction greater than $3,000,000. - Merge, consolidate, dissolve, or effect any fundamental corporate reorganization of the corporation. - Determine distribution of assets upon dissolution of the corporation. - Participate in the nominating of the president of the board of trustees. - Approve the use of the names "Alvernia", "Bernardine", and "Franciscan". - Approve the articles of incorporation and bylaws of any subsidiary or related corporation. |
| Form 990, Part VI, Section B, line 11b | A draft of the Form 990 is presented to the administration for review and discussion. Items that need clarification are then discussed with management and the University's tax advisors / legal counsel. Once items are clarified and answered, the draft Form 990 is presented to the audit committee where there is a discussion of the entire form, questions are answered, and a vote to approve is cast. Once approved, a copy is made available to the full Board Of Trustees via the University's secure portal. After the Board has had time to review and comment, the Form 990 is filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | Annually, the Board of Trustees, officers, and key employees are required to sign a conflict of interest statement. The Vice President for Finance and Administration reviews all of the statements. Anyone noted with a conflict is required to abstain from voting on such transactions. |
| Form 990, Part VI, Section B, line 15 | Alvernia engages compensation consultants (Yaffe & Co.) to review national compensation trends and monitors compensation at our peer institutions. This includes utilizing national surveys and data bases as well as the consultants' proprietary surveys and specific review of IRS forms 990 of peers. The consultant serves as an advisor to the presidential compensation sub-committee (board chair, vice chair, and chair of finance & business affairs committee). The compensation committee makes its recommendations to the board of trustees. The president's performance is reviewed by the Board of Trustees in executive session on an annual basis. The University also uses the same consulting firm to review the vice presidents' compensation. Similar comparisons are made to surveys and peer groups as discussed above. Recommendations are then made to the president. The Vice presidents' salaries are then also reviewed by the Board Of Trustees. |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, conflict of interest policy, and financial statements available upon request. |
| Form 990, Part XI, line 9: | Gain on involuntary conversion 1,535,970. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bernardine Sisters of the Third Order of St Francis | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 460 Saint Bernardine Street | AddressLine1Txt |
| City | Reading | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231691743 | EIN |
| Primary Activities | Religious Order | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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