2017-04-03T10:52:04-05:00 2016-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2015-06-01 240795506 WILKES UNIVERSITY WILK 5704084500 84 WEST SOUTH STREET WILKES BARRE PA 18766 LOREN D PRESCOTT JR VICE PRESIDENT OF FINANCE 5704084500 2017-03-29 1 JULIUS C GREEN CPA P00350393 2159720701 2015 2021-01-29 14:40:06Z PATRICK F LEAHY 84 WEST SOUTH STREET WILKES BARRE PA 18766 138013700 0 X WWW.WILKES.EDU X 1933 PA TO EDUCATE THROUGH A COMMITMENT TO ATTENTION, EXCEPTIONAL TEACHING, AND ACADEMIC EXCELLENCE. 29 28 1957 225 0 0 6008875 10461812 108315859 118039270 3546109 3492229 2323099 2372572 120193942 134365883 31235249 32998059 0 0 50599289 53171565 0 16500 1275163 33322309 38125810 115156847 124311934 5037095 10053949 201180987 210559210 94944504 101626500 106236483 108932710 X PLEASE SEE SCHEDULE O FOR DETAIL.TO CONTINUE THE WILKES TRADITION OF LIBERALLY EDUCATING OUR STUDENTS FOR LIFELONG LEARNING AND SUCCESS IN A CONSTANTLY EVOLVING AND MULTICULTURAL WORLD THROUGH A COMMITMENT TO INDIVIDUALIZED ATTENTION, EXCEPTIONAL TEACHING, SCHOLARSHIP, AND ACADEMIC EXCELLENCE, WHILE CONTINUING THE UNIVERSITY'S COMMITMENT TO COMMUNITY ENGAGEMENT. 0 0 35508063 0 104888053 INSTRUCTION - INCLUDES ALL EXPENDITURES FOR ACTIVITIES THAT ARE PART OF THE INSTITUTION'S INSTRUCTIONAL PROGRAMS. THIS INCLUDES CREDIT AND NON-CREDIT COURSES, ACADEMIC, VOCATIONAL, AND TECHNICAL INSTRUCTION. THE UNIVERSITY OFFERS 44 UNDERGRADUATE MAJORS, 13 GRADUATE PROGRAMS AND SEVERAL PRE-PROFESSIONAL PROGRAMS. ENROLLMENT INCLUDES 2,254 FULL-TIME UNDERGRADUATE STUDENTS FROM OVER 20 STATES AND 10 FOREIGN COUNTRIES. CLASS SIZES ARE KEPT SMALL TO ENABLE GREATER ACCESS TO PROFESSORS AND MORE INDIVIDUALIZED ATTENTION IN THE CLASSROOM. UNDERGRADUATE FRESHMEN CLASS SIZES AVERAGE 24 STUDENTS WITH 18 STUDENTS FOR UPPER LEVEL CLASSES. WILKES IS DEDICATED TO BEING A LEADER IN HIGHER EDUCATION THROUGHOUT THE NORTHEASTERN UNITED STATES AND IS DEDICATED TO ACADEMIC EXCELLENCE THROUGH MENTORING. 35821492 32998059 0 SCHOLARSHIPS - INCLUDES EXPENDITURES FOR GENERAL, NEED BASED, AND ENDOWMENT SCHOLARSHIPS AND FELLOWSHIPS FROM RESTRICTED OR UNRESTRICTED CURRENT FUNDS IN THE FORM OF GRANTS TO STUDENTS, RESULTING FROM SELECTION BY DIVISION OF ENROLLMENT MANAGEMENT. AT LEAST 90% OF STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. GRANTS AWARDED INCLUDE PENNSYLVANIA STATE GRANTS (PHEAA), SEOG SCHOLARSHIPS AND WILKES NEED BASED GRANTS. ALSO INCLUDED IS TUITION REMISSION FOR EMPLOYEES, THEIR DEPENDENTS, GRADUATE ASSISTANTS AND OTHER LOCAL COLLEGES AND PROGRAMS. 12720995 0 13151217 STUDENT SERVICES - INCLUDES FUNDS EXPENDED FOR ACTIVITIES WITH THE PRIMARY PURPOSE OF CONTRIBUTING TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. WILKES CLASSIFIES THE FOLLOWING OFFICES INTO THIS PROGRAM: OFFICES OF ENROLLMENT SERVICES (ADMISSIONS), REGISTRAR, FINANCIAL AID ADMINISTRATION, CAREER SERVICES, AND HEALTH AND WELLNESS SERVICES. IN ADDITION, EXPENDITURES FOR STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL AND INTERCOLLEGIATE ATHLETICS, FRESHMAN ORIENTATION, AND STUDENT CLUBS AND ORGANIZATIONS ARE CONSIDERED STUDENT SERVICES FOR FINANCIAL STATEMENT PURPOSES. 10743736 0 0 ACADEMIC SUPPORT - INCLUDES FUNDS EXPENDED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. THE ACADEMIC ADMINISTRATION OF THE UNIVERSITY INCLUDING ACADEMIC DEANS BUT NOT DEPARTMENT CHAIRS THAT ARE CHARGED TO THEIR PRIMARY FUNCTION CATEGORY ARE FOUND IN THIS PROGRAM. ALL SALARIES, BENEFITS, AND OTHER EXPENSES FOR THE LIBRARY ARE ALSO CONSIDERED ACADEMIC SUPPORT. 891791 0 0 RESEARCH - INCLUDES ALL EXPENDITURES FOR ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED WITHIN THE UNIVERSITY. CHARGED TO THIS PROGRAM ARE EXPENDITURES RELATED TO THE INSTITUTE FOR PUBLIC POLICY AND ECONOMIC DEVELOPMENT, A PARTNERSHIP AMONG SEVERAL LOCAL COLLEGES WITH THE FUNCTION OF PRODUCING RESEARCH TO ASSIST COMMUNITY LEADERS IN MAKING INFORMED DECISIONS. IN ADDITION TO THIS, THE EXPENSES OF SEVERAL RESEARCH GRANTS ARE RECORDED TO THE RESEARCH CLASSIFICATION. 1501136 0 0 PUBLIC SERVICE - INCLUDES FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THE EXPENSES OF THE SMALL BUSINESS DEVELOPMENT CENTER, RADIO AND TELEVISION STUDIOS, SHINE PROGRAM, ALAN P. KIRBY CENTER FOR FREE ENTERPRISE, BUSINESS INCUBATOR, AND SEVERAL COMMUNITY LECTURE SERIES ARE AMONG THOSE POSTED TO THIS PROGRAM. 13136663 0 0 97187213 1 1 0 0 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 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 7054 0 1 1957 1 0 0 0 0 0 1 1 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JANET KOBYLSKI CONTROLLER 5704084502 84 WEST SOUTH STREET WILKES BARRE PA 18766 DANIEL CARDELL TRUSTEE, CHAIR 11.00 X X 0 0 0 CHRIS HACKETT TRUSTEE, VICE CHAIR 7.00 X X 0 0 0 VIRGINIA SIKES TRUSTEE, TREASURER/ASST SECRETARY 11.00 X X 0 0 0 DANIEL KLEM TRUSTEE, SECRETARY/ASST TREASURER 12.00 X X 0 0 0 MICHAEL BREWSTER TRUSTEE 2.00 X 0 0 0 LAURA BARBERA CARDINALE TRUSTEE 7.00 X 0 0 0 TERRENCE CASEY TRUSTEE 2.00 X 0 0 0 CYNTHIA CHARNETSKI TRUSTEE 2.00 X 0 0 0 CHARLES COHEN TRUSTEE 7.00 X 0 0 0 JEFF DAVIDOWITZ TRUSTEE 7.00 X 0 0 0 BILL GRANT TRUSTEE 3.00 X 0 0 0 JASON GRIGGS TRUSTEE 8.00 X 0 0 0 RANDA FAHMY HUDOME TRUSTEE 3.00 X 0 0 0 JOHN KERR TRUSTEE 3.00 X 0 0 0 CAROL KEUP TRUSTEE 2.00 X 0 0 0 MILAN S KIRBY TRUSTEE 3.00 X 0 0 0 RANDALL MARK TRUSTEE 3.00 X 0 0 0 KERN MELANIE MASLOW TRUSTEE 2.00 X 0 0 0 GEORGE MATZ TRUSTEE 3.00 X 0 0 0 WILLIAM MILLER TRUSTEE 8.00 X 0 0 0 GEORGE PAWLUSH TRUSTEE 4.00 X 0 0 0 THOMAS RALSTON TRUSTEE 3.00 X 0 0 0 HEDY RITTENMEYER TRUSTEE 7.00 X 0 0 0 STEVEN ROTH TRUSTEE 3.00 X 0 0 0 ELIZABETH SLAUGHTER TRUSTEE 3.00 X 0 0 0 MATTHEW SORDONI TRUSTEE 4.00 X 0 0 0 DOUGLAS STRAUB TRUSTEE 3.00 X 0 0 0 RAYMOND DOMBROSKI TRUSTEE 1.00 X 0 0 0 STELIOS PATSIOKAS TRUSTEE 1.00 X 0 0 0 PATRICK LEAHY PRESIDENT 75.00 X 368156 0 44318 ANNE SKLEDER SENIOR VP / PROVOST 60.00 X 217574 0 38364 LOREN PRESCOTT VP OF FINANCE AND GENERAL COUNSEL 60.00 X 213724 0 27181 MICHAEL WOOD VP SPECIAL ASSISTANT TO THE PRESIDENT 50.00 X 177308 0 26931 PAUL ADAMS VP OF STUDENT AFFAIRS 50.00 X 157677 0 25222 THOMAS MACKINNON VP OF ADVANCEMENT (AS OF 10/26/15) 50.00 X 33207 0 856 MICHAEL SPEZIALE UNTIL 103115 VP OF STRATEGIC INIATIATIVES 50.00 X 151193 0 8416 MELANIE WADE UNTIL 22816 VP OF ENROLLMENT SERVICES 50.00 X 149336 0 10882 BERNARD GRAHAM DEAN OF PHARMACY 50.00 X 190351 0 25110 JEFFREY ALVES UNTIL 6116 DEAN OF SIDU SCHOOL OF BUSINESS 50.00 X 168546 0 22414 TERESE WIGNOT ASSOCIATE PROVOST 50.00 X 159917 0 21373 JOHN STACHACZ DEAN FOR LIBRARY AND IT 50.00 X 156357 0 22263 RODNEY RIDLEY ALLAN P. KIRBY DIRECTOR 50.00 X 147124 0 22747 PRAHLAD MURPHY ASSOCIATE DEAN/ PROFESSOR 50.00 X 153788 0 14245 TERI OOMS EXECUTIVE DIR JOINT URBAN STUDIES 50.00 X 150707 0 12730 2594965 0 323052 69 0 1 0 HOT CHALK INC 1999 S BASCOM AVE SUITE 1030 CAMPBELL CA 95008 DISTANCE EDUCATION 2779118 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 2071968 SODEXO INC & AFFILIATES 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICE 1987568 LIGHTSPEED TECHNOLOGIES INC 1167 N WASHINGTON STREET WILKES BARRE PA 18705 NETWORK SERVICES 1288184 LEARNING SCIENCES INTERNATIONAL 175 CORNELL ROAD BLAIRSVILLE PA 15717 GRADUATE COURSE PROVIDER 1023815 17 311682 2767561 7382569 12204 10461812 TUITION AND FEES 900099 104888053 104888053 AUXILIARY ACTIVITIES- SALES AND S 900099 13151217 13151217 118039270 1566293 1566293 117000 117000 28520 40182 -11662 -11662 -11662 5495539 5175 3574778 0 1920761 5175 1925936 1925936 34673 311682 32857 1816 1816 ENDOWMENT DRAWDOWNS 900099 1749400 1749400 TEAM PROGRAM REVENUE 900099 110871 110871 CAMP REVENUE 900099 37180 37180 367967 367967 2265418 134365883 118039270 0 5864801 32998059 32998059 2234670 440716 1793954 39946498 31383879 7850654 711965 2053618 1657611 358369 37638 5934343 5599353 276728 58262 3002436 2382276 566492 53668 189884 3968 185916 94300 630 93670 16500 16500 241442 6839 234603 11441500 7771973 3662466 7061 1159584 263369 889770 6445 3354914 1488860 1790547 75507 1413074 113402 1292322 7350 3453669 2572976 880693 1235222 1105144 101492 28586 242714 187292 51045 4377 3666800 2034725 1632075 5644877 3132370 2512507 460321 460321 ENTERTAINMENT 1136294 883681 207983 44630 BAD DEBTS 1111055 982489 0 128566 PRINTING AND PUBLICATIO 982120 467822 457125 57173 EQUIPMENT MAINTENANCE 809491 258758 542721 8012 1488549 990700 468426 29423 124311934 97187213 25849558 1275163 4102 4302 32080013 31722965 2221237 6577339 889534 1404676 574408 1552073 189053121 81058979 100692960 107994142 42539389 40021862 17499862 16358661 3637114 4074203 1042368 848987 201180987 210559210 8142054 7647976 1927844 6392792 75597157 75519864 9277449 12065868 94944504 101626500 X 62568763 63334226 16805278 15557869 26862442 30040615 106236483 108932710 201180987 210559210 X 10053949 -6730868 -626854 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1447000 X 0 43410267 1092967 -1955151 1749400 209091 40589592 43729478 425300 1109984 1636500 217995 43410267 40534859 366481 4714391 1675800 210453 43729478 35737685 238664 6193223 1440800 193913 40534859 38292348 229858 -1283157 1317000 184364 35737685 0.25220 0.50300 0.24480 0 0 5497386 5497386 148091201 57411220 90679981 19309197 13816341 5492856 16155337 9831418 6323919 107994142 BENEFICIAL INTEREST IN TRUSTS (BY OTHERS) 6805280 F ALTERNATIVE INVESTMENTS 5602873 F FUNDS HELD IN TRUST FOR OTHERS 3950508 F 16358661 DEPOSITS HELD IN CUSTODY 89086 LIABILITY UNDER SPLIT INTEREST 309969 INVESTMENTS HELD IN TRUST FOR OTHERS 3950508 ADVANCES FROM FEDERAL GOVERNMENT 3399099 POSTRETIREMENT BENEFITS 835116 CAPITAL LEASE OBLIGATIONS 3482090 12065868 X 93887537 -6730868 25350 -33845867 -40551385 134438922 -73039 -73039 134365883 91191310 25350 73039 98389 91092921 33219013 33219013 124311934 PART III, LINE 4: A COLLECTION OF ART WORK IS MAINTAINED BY THE UNIVERSITY PURELY FOR PUBLIC DISPLAY BOTH IN THE ART GALLERY AND ON CAMPUS. PART V, LINE 4: THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS AS WELL AS DEPARTMENTAL CHAIRS AND TO SUPPORT OPERATING EXPENSES. PART X, LINE 2: THE UNIVERSITY IS INCORPORATED IN THE COMMONWEALTH OF PENNSYLVANIA AS A NONPROFIT ORGANIZATION. THE UNIVERSITY HAS RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE ("IRS") THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATES INCOME TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE UNIVERSITY'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED MAY 31, 2013 THROUGH MAY 31, 2016 REMAIN SUBJECT TO EXAMINATION BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -644,359. LOSS ON BOND REFINANCING -932,697. INVESTMENT EXPENSES NETTED TO INCOME ON FINANCIALS -220,954. SCHOLARSHIP AID NETTED TO INCOME ON FINANCIALS -32,047,857. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -32,857. RENTAL EXPENSES -40,182. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 32,857. RENTAL EXPENSES 40,182. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID NETTED TO INCOME ON FINANCIALS 32,047,857. STUDENT LOANS DISBURSED 950,202. INVESTMENT EXPENSES NETTED TO INCOME ON FINANCIALS 220,954. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PUBLICATIONS IN THE AREAS OF RECRUITMENT PUBLICIZE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED ASSISTANCE THROUGH THE FOLLOWING: LOAN PROGRAMS (PERKINS AND NURSING), SEOG, COLLEGE WORK STUDY, DIRECT LOAN PROGRAM, PELL GRANT, MISCELLANEOUS NEED-BASED PHEAA GRANTS, NATIONAL GUARD AWARDS, AND PRIVATE SCHOLARSHIPS (ROTC PROGRAM). 1 EUROPE 0 1 PROGRAM SERVICES PROFESSIONAL DEVELOPMENT, GRANT RESEARCH 2000 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES RECRUITMENT 7500 SUB SAHARAN AFRICA 1 0 PROGRAM SERVICES STUDY ABROAD 3191 EUROPE 0 0 INVESTMENTS - ALTERNATIVE INVESTMENTS 354350 CENTRAL AMERICA/ CARIBBEAN 0 0 INVESTMENTS - ALTERNATIVE INVESTMENTS 3001530 NORTH AMERICA 0 0 INVESTMENTS - ALTERNATIVE INVESTMENTS 42528 SUB-SAHARAN AFRICA 0 0 INVESTMENTS - ALTERNATIVE INVESTMENTS 22683 SOUTH AMERICA 0 1 PROGRAM SERVICES PROFESSIONAL DEVELOPMENT, GRANT RESEARCH 1500 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES RECRUITMENT 27500 NORTH AMERICA 0 1 PROGRAM SERVICES PROFESSIONAL DEVELOPMENT 1611 CENTRAL AMERICA/ CARIBBEAN 0 2 PROGRAM SERVICES STRATEGIC INITIATIVE 4300 SUB-SAHARAN AFRICA 0 0 INVESTMENTS - ALTERNATIVE INVESTMENTS 12116 1 3 0 4 1 7 3435282 45527 3480809 0 0 0 1 1 0 X X X X X X X 1 HARVEST FUNDRAISING COUNSEL INC 82 COLONIAL DRIVE NEWTOWN PA 18940 CONSULTING SERVICES 0 0 16500 -16500 16500 -16500 FOUNDER'S GALA 290979 288179 2800 1200 1015 CHWALEK GOLF TOURNAMENT 17845 7870 9975 1970 4730 3444 618 4 37531 15633 21898 220 5782 13878 346355 311682 34673 3390 4730 9226 15511 32857 1816 1 NAMED SCHOLARSHIPS 313 1075254 NEED BASED GRANTS AND SCHOLARSHIPS 1372 9164800 OTHER SCHOLARSHIPS 3160 20364384 REMISSIONS - UPWARD BOUND ETC 401 1443419 STUDENT LOANS DISBURSED 436 950202 PART I, LINE 2: WILKES UNIVERSITY MAINTAINS A COMPREHENSIVE PROGRAM OF FINANCIAL AID TO ASSIST STUDENTS IN THE FINANCING OF THEIR EDUCATIONAL PROGRAMS. THE UNIVERSITY AWARDS BOTH MERIT SCHOLARSHIPS AND NEED-BASED GRANTS TO UNDERGRADUATE AND GRADUATE STUDENTS. UNDERGRADUATE MERIT AWARDS ARE BASED ON HIGH SCHOOL ACHIEVEMENT INCLUDING SAT SCORES AND HIGH SCHOOL CLASS RANK. STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID TO HAVE THEIR ELIGIBILITY FOR NEED-BASED AID DETERMINED. GRADUATE SCHOLARSHIPS ARE AWARDED PRIMARILY TO STUDENTS ENROLLED IN THE DISTANCE EDUCATION PROGRAM. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 PATRICK LEAHY PRESIDENT 366062 0 0 0 2094 0 25800 0 18518 0 412474 0 0 0 ANNE SKLEDER SENIOR VP / PROVOST 217106 0 0 0 468 0 9068 0 29296 0 255938 0 0 0 LOREN PRESCOTT VP OF FINANCE AND GENERAL COUNSEL 209688 0 0 0 4036 0 17272 0 9909 0 240905 0 0 0 MICHAEL WOOD VP SPECIAL ASSISTANT TO THE PRESIDEN 175643 0 0 0 1665 0 14687 0 12244 0 204239 0 0 0 PAUL ADAMS VP OF STUDENT AFFAIRS 154579 0 0 0 3098 0 13126 0 12096 0 182899 0 0 0 MICHAEL SPEZIALE UNTIL 103115 VP OF STRATEGIC INIATIATIVES 133193 0 0 0 18000 0 8016 0 400 0 159609 0 0 0 MELANIE WADE UNTIL 22816 VP OF ENROLLMENT SERVICES 148017 0 0 0 1319 0 10362 0 520 0 160218 0 0 0 BERNARD GRAHAM DEAN OF PHARMACY 188131 0 0 0 2220 0 15635 0 9475 0 215461 0 0 0 JEFFREY ALVES UNTIL 6116 DEAN OF SIDU SCHOOL OF BUSINESS 152840 0 0 0 15706 0 12992 0 9422 0 190960 0 0 0 TERESE WIGNOT ASSOCIATE PROVOST 159599 0 0 0 318 0 13200 0 8173 0 181290 0 0 0 JOHN STACHACZ DEAN FOR LIBRARY AND IT 153241 0 0 0 3116 0 12775 0 9488 0 178620 0 0 0 RODNEY RIDLEY ALLAN P. KIRBY DIRECTOR 145794 0 0 0 1330 0 12402 0 10345 0 169871 0 0 0 PRAHLAD MURPHY ASSOCIATE DEAN/ PROFESSOR 152086 0 0 0 1702 0 11748 0 2497 0 168033 0 0 0 TERI OOMS EXECUTIVE DIR JOINT URBAN STUDIES 148683 0 0 0 2024 0 12148 0 582 0 163437 0 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES - ALL UNIVERSITY EMPLOYEES WERE OFFERED A MEMBERSHIP AT THE LOCAL YMCA. IN ADDITION, CERTAIN MEMBERS OF THE PRESIDENT'S CABINET BELONGED TO A LOCAL SOCIAL CLUB WHICH REQUIRED MONTHLY DUES. THE SOCIAL CLUB MEMBERSHIPS ARE FOR BUSINESS PURPOSES ONLY. THE HEALTH OR SOCIAL CLUB DUES WERE NOT TREATED AS TAXABLE COMPENSATION. RESIDENCE FOR PERSONAL USE - THE UNIVERSITY'S PROVOST IS PROVIDED HOUSING IN A UNIVERSITY OWNED HOUSE. PART I, LINE 4A MELANIE WADE AND MICHAEL SPEZIALE RECEIVED SEVERANCE PAYMENTS DURING THE YEAR. A CITY OF WILKES BARRE FINANCE AUTHORITY 968254AC6 2007-05-30 54134142 REFUNDING BONDS AND PREPAYING 1 0 0 B NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BD8 2012-05-09 16956391 FINANCE NEW FACILITY 0 0 0 C NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 NONEAVAIL 2012-04-13 15000000 FINANCE NEW FACILITY 0 0 0 D NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BV8 2016-05-19 33603743 REFUNDING BONDS AND PREPAYING 0 0 0 A 31660000 54134142 2127750 738963 13013 51254416 2007 1 1 1 1 B 16956391 1657500 284230 15014661 2013 0 0 1 1 C 8214744 15000000 139234 7999897 2013 0 0 1 1 D 33603743 33119026 480772 2007 0 1 1 1 A 1 1 1 1 0 0.00000 0.01030 0.01030 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 1 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF WILKES BARRE FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2016 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2016 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2016 MATTHEW SORDONI TRUSTEE 1036239 SORDONI CONSTRUCTION PERFORMS CONSTRUCTION SERVICES TO THE UNIVERSITY. SORDONI CONSTRUCTION IS OWNED BY A RELATIVE OF MATTHEW SORDONI. THESE TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. 0 FORM 990, PART VI, SECTION B, LINE 11 WILKES UNIVERSITY HAS ESTABLISHED A REVIEW PROCESS FOR THE FORM 990. ONCE THE DRAFT FORM 990 RETURN IS RECEIVED, IT IS REVIEWED BY THE CONTROLLER'S OFFICE. AFTER THIS REVIEW, IT IS SENT TO THE VP OF FINANCE AND GENERAL COUNSEL. A FINAL REVIEW IS THEN DONE BY THE BOARD OF TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C WILKES UNIVERSITY'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND ANY INDIVIDUAL THAT HAS BUDGETARY/FINANCIAL RESPONSIBILITIES WITHIN THE UNIVERSITY. ANY CONFLICTS OF INTEREST CONCERNING BOARD MEMBERS ARE FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ALL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED UPON SUBMISSION AND FORWARDED TO THE AUDIT COMMITTEE AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES PERFORMS AN ANNUAL REVIEW OF THE COMPENSATION PROVIDED TO THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. BENCHMARK DATA, INCLUDING DATA FROM COLLEGES AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA) IS USED FOR COMPARATIVE PURPOSES FOR EXECUTIVE POSITIONS. THE LAST BENCHMARKING COMPARISON WAS COMPLETED IN AUGUST OF 2015. THE UNIVERSITY KEEPS WRITTEN DOCUMENTATION OF THE HUMAN RESOURCES COMMITTEE'S DELIBERATION AND DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 WILKES UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: STUDENT LOANS ADVANCED 950,202. CHANGE IN LIABILITY ON SPLIT INTEREST AGREEMENTS -644,359. LOSS ON BOND REFINANCING -932,697. WU REAL ESTATE LLC 170 S FRANKLIN STREET WILKES BARRE PA 18766 205799312 STUDENT RENTAL PA 28520 11537771 WILKES UNIVERSITY SOUTH CITY PROPERTIES LLC 84 W SOUTH STREET WILKES BARRE PA 18766 352497851 REAL ESTATE PA 0 186696 WILKES UNIVERSITY RASM ENTERPRISE LLC 84 W SOUTH STREET WILKES BARRE PA 18766 465148017 REAL ESTATE PA 0 0 WILKES UNIVERSITY HAROLD & BARBARA FLANNERY CRUT-98 175 FEDERAL ST BOSTON MA 02110 ANNUITY PA T 4214 275345 1.00000 0 GORKABARTUSKA CHARITABLE REMAINDER UNITRUST 620 LIBERTY AVENUE 10TH FLOOR PITTSBURGH PA 15222 236453339 ANNUITY PA T 2040 287409 1.00000 0 GLENN F LEITER CHARITABLE REMAINDER UNITRUST 267 S FRANKLIN STREET WILKES BARRE PA 18766 900285467 ANNUITY MD T 1361 24905 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0