2016-05-13T13:39:46-05:00 2015-06-30 251690617 SCHAFFNER KNIGHT MINNAUGH & CO PC 1545 WEST 38TH STREET ERIE PA 165082347 990 2014-07-01 251698677 LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE LAKE 0081486666 5515 PEACH STREET ERIE PA 16509 RICHARD P OLINGER TREASURER 0081486666 2016-05-12 true DENNIS W GROW CPA P00190259 8144541997 2016-05-12 2014 2016-08-17 19:52:53Z 190955810 false X WWW.LECOM.EDU X 1993 PA THE MISSION OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE (LECOM) IS TO PREPARE STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS, PHARMACY PRACTITIONERS AND DENTISTS THROUGH PROGRAMS OF EXCELLENCE IN EDUCATION, RESEARCH, CLINICAL CARE, AND COMMUNITY SERVICES TO ENHANCE THE QUALITY OF LIFE THROUGH IMPROVED HEALTH FOR ALL HUMANITY. 11 3 1063 10 3543817 -499911 3733758 4139023 105641953 114587993 5411178 6901566 5054742 6159766 119841631 131788348 1911833 3573405 0 31202352 34770471 0 0 31322559 35227646 64436744 73571522 55404887 58216826 386153324 359371196 38500296 41533630 347653028 317837566 X THE MISSION OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE (LECOM) IS TO PREPARE STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS, PHARMACY PRACTITIONERS AND DENTISTS THROUGH PROGRAMS OF EXCELLENCE IN EDUCATION, RESEARCH, CLINICAL CARE, AND COMMUNITY SERVICES TO ENHANCE THE QUALITY OF LIFE THROUGH IMPROVED HEALTH FOR ALL HUMANITY. false false 55999137 3573405 119947584 LECOM IS ONE OF THE 31 COLLEGES OF OSTEOPATHIC MEDICINE. IN 1992, THE LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE RECEIVED PRE-ACCREDITATION STATUS FROM THE AMERICAN OSTEOPATHIC ASSOCIATION. AFTER FURTHER PREPARATION, LECOM ACHIEVED A CHARTER FROM THE COMMONWEALTH OF PENNSYLVANIA AND FULL ACCREDITATION STATUS WITH THE AMERICAN COUNCIL ON PHARMACEUTICAL EDUCATION. IT IS ONE OF OVER 140 PHARMACY SCHOOLS IN THE UNITED STATES. LECOM HAS INITIAL ACCREDITATION STATUS WITH THE AMERICAN DENTAL ASSOCIATION'S COMMISSION ON DENTAL ACCREDITATION. IT IS ONE OF 66 DENTAL SCHOOLS IN THE UNITED STATES. SEE SCHEDULE O THE GOAL OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE IS TO EDUCATE QUALIFIED STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS IMBUED WITH THE PHILOSOPHICAL PRINCIPLES OF OSTEOPATHIC MEDICINE. IT IS THE STATED PURPOSE OF THE COLLEGE TO EDUCATE AND DEVELOP FAMILY PHYSICIANS IN THE OSTEOPATHIC TRADITION. AT THE SAME TIME, IT PROPOSES TO PROVIDE ITS STUDENTS WITH FIRM ACADEMIC BACKGROUND SO THAT THOSE WHO WISH MAY ADVANCE FURTHER INTO THE OSTEOPATHIC SPECIALTIES OR ACADEMIC CAREERS, PARTICULARLY FOR AND WITH OSTEOPATHIC COLLEGES. THE GOAL OF THE SCHOOL OF PHARMACY AND SCHOOL OF DENTAL MEDICINE IS TO PREPARE PHARMACY AND DENTAL PROFESSIONALS WHO ARE COMMITTED TO PROVIDE HIGH-QUALITY, ETHICAL, AND EMPATHETIC PATIENT-CENTERED CARE TO SERVE THE NEEDS OF A DIVERSE POPULATION. TWO ACADEMIC DOCTORAL DEGREES ARE CURRENTLY CONFERRED AT LECOM. THE DOCTOR OF OSTEOPATHY (DO) AND THE DOCTOR OF PHARMACY IS AWARDED TO GRADUATES WHO HAVE SATISFACTORILY FULFILLED THE REQUIREMENTS FOR GRADUATION. THE FIRST MEDICAL CLASSES BEGAN ON AUGUST 9, 1993 AND 61 STUDENTS ENROLLED. THE COLLEGE BEGAN A SCHOOL OF PHARMACY IN THE FALL OF 2002. FIRST CLASSES FOR THE SCHOOL OF DENTAL MEDICINE BEGAN IN AUGUST, 2012. FOR THE FISCAL YEAR ENDED JUNE 30, 2015, THERE WERE OVER 3,770 MEDICAL, PHARMACY, DENTAL, POST-BACCALAUREATE, AND MASTERS STUDENTS ENROLLED. THE COLLEGE HAS THREE CAMPUSES, ERIE, PENNSYLVANIA, GREENSBURG, PENNSYLVANIA AND BRADENTON, FLORIDA. 55999137 true true false true false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false false false true true false false false false false true false false false true 139 0 true 1063 true true true false false false false true true false X 11 3 true false false false true false true true true false false true true true true true true true true false PA X RICHARD P OLINGER 8148644031 5515 PEACH STREET ERIE PA 16509 JOHN M FERRETTI DO PRESIDENT/CE 58.00 22.00 X X 700423 0 31154 MARY L ECKERT SECRETARY 4.00 76.00 X X 7426 626674 30722 RICHARD P OLINGER TREASURER/CF 30.00 35.00 X 296474 262636 38589 DENNIS M STYN TRUSTEE 4.00 61.00 X 0 329881 39609 MICHAEL J FEINSTEIN DO TRUSTEE 12.00 X 80000 0 0 SENATOR DURELL PEADEN TRUSTEE 11.00 X 30000 0 0 JOHN M MAGENAU III PHD TRUSTEE 1.00 X 0 0 0 JOAN L MOORE DO TRUSTEE 1.00 X 0 0 0 MARLENE D MOSCO TRUSTEE 1.00 X 0 0 0 MICHAEL J VISNOSKY ESQ CHAIRMAN 1.00 1.00 X X 0 0 0 THOMAS J WEDZIK TRUSTEE 1.00 X 0 0 0 SUZANNE K KELLEY DO TRUSTEE 1.00 X 0 0 0 SILVIA M FERRETTI DO PROVOST/VP O 75.00 5.00 X 821290 0 31154 HERSHEY BELL MD EMPLOYEE 40.00 X 394209 0 33083 ROBERT HIRSCH DDS EMPLOYEE 40.00 X 311981 0 30440 ROBERT GEORGE DO EMPLOYEE 40.00 X 311235 0 30632 RICHARD TERRY DO EMPLOYEE 40.00 X 284616 0 34083 ANTHONY JOHN FERRETTI DO EMPLOYEE 40.00 X 238128 0 23621 REGAN SHABLOSKI DO EMPLOYEE 40.00 X 236437 0 31403 ANTON GOTLIEB DDS EMPLOYEE 40.00 X 209367 0 21119 IRVING FREEMAN PHDJD EMPLOYEE 40.00 X 199988 0 24342 4121574 1219191 399951 64 false true false BUILDING SYSTEMS INC 7335 OLD PERRY HIGHWAY ERIE PA 16509 CONSTRUCTION SV 2966442 CADENHEAD DEVELOPMENT PO BOX 2036 CRESTVIEW FL 32536 CONSTRUCTION SV 1673458 KEYSER CONSULTING GROUP 29 WEST BROADWAY GETTYSBURG PA 17325 COMPUTER CONSUL 468410 LM WANDER & SONS 8711 PEACH STREET ERIE PA 16509 LANDSCAPING 407962 NETWORKING TECHNOLOGIES INC 3910 CAUGHEY RD ERIE PA 16506 COMPUTER CONSUL 382569 23 1180998 2866242 91783 4139023 TUITION AND FEES 113249893 113249893 APPLICATION FEES 1338100 1338100 114587993 4157924 4157924 382505 382505 382505 382505 61657653 187425 58515274 586162 3142379 -398737 2743642 2743642 35420 1180998 66026 -30606 WELLNESS CENTER/COFFEE CULTUR 713940 3543817 3543817 OTHER REVENUE 1591096 1591096 OPTI DUES 250999 250999 421955 421955 5807867 131788348 119978190 3543817 4157924 3573405 3573405 3120847 2399867 720980 25792215 19833680 5958535 1335765 1027176 308589 2550221 1961067 589154 1971423 1515984 455439 120000 120000 404568 404568 54489 54489 338853 260571 78282 925382 925382 5923693 4555197 1368496 1621232 1246694 374538 2582317 1985748 596569 440499 338735 101764 5439503 4182865 1256638 948233 729172 219061 323676 323676 7907671 6080836 1826835 1470697 1130936 339761 STUDENT ROTATION FEES 1656000 1656000 REPAIRS AND MAINTENANCE 1241726 954862 286864 DUES AND SUBSCRIPTIONS 932712 717236 215476 CONTRIBUTIONS 711483 711483 2184912 1849106 335806 73571522 55999137 17572385 0 21462037 22847968 77821137 27417344 1653980 1717677 477037 684126 1793260 2164885 191011164 57560458 133749730 133450706 121136112 167589698 28060031 3498792 386153324 359371196 9046283 7635647 28555098 31806323 898915 2091660 38500296 41533630 X 345694531 317837566 1958497 347653028 317837566 386153324 359371196 58216826 -3172748 -84859540 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 338853 338853 false SCHEDULE C, PART I-A, LINE 1 THE ORGANIZATION HAS RETAINED GOVERNMENTAL COUNSEL TO REPRESENT ITS INTERESTS IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT BOTH THE STATE AND FEDERAL LEVELS. SCHEDULE C, PART II-B, LINE 1 THE ORGANIZATION HAS RETAINED GOVERNMENTAL COUNSEL TO REPRESENT ITS INTERESTS IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT BOTH THE STATE AND FEDERAL LEVELS. 1958497 252783 105000 37345 2068935 1654633 310524 4749 1911 1958497 934298 731694 8250 3109 1654633 866299 95705 4737 22969 934298 1128419 115200 303857 73463 866299 1.00000 false false 14179632 14179632 144787656 41185526 103602130 4164572 1843881 2320691 27692059 14531051 13161008 187245 187245 133450706 DUE TO AFFILIATES 1013490 457(B) PLAN 717724 OPTI FUND 360446 2091660 X 124657896 -3172748 541083 -2631665 127289561 925382 3573405 4498787 131788348 69613818 541083 541083 69072735 925382 3573405 4498787 73571522 SCHEDULE D, PAGE 3, PART X THE COLLEGE FOLLOWS THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE COLLEGE'S FINANCIAL STATEMENTS THAT 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. THE GUIDANCE ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THIS GUIDANCE HAD NO MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WERE NO INTEREST OR PENALTIES RECOGNIZED ON THE STATEMENTS OF ACTIVITIES AS A RESULT OF THIS GUIDANCE. GENERALLY, TAX RETURNS FOR YEARS ENDED JUNE 30, 2012 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D NET ASSETS RELEASED FROM RESTRICTIONS 142,345 LOSS ON SALE OF FIXED ASSETS 398,738 SCHEDULE D, PAGE 4, PART XI, LINE 4B COLLEGE FUNDED SCHOLARSHIPS 3,573,405 SCHEDULE D, PAGE 4, PART XII, LINE 2D NET ASSETS RELEASED FROM RESTRICTIONS 142,345 LOSS ON SALE OF FIXED ASSETS 398,738 SCHEDULE D, PAGE 4, PART XII, LINE 4B COLLEGE FUNDED SCHOLARSHIPS 3,573,405 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 LECOM HAS PUBLICIZED ITS NONDISCRIMINATORY POLICY THROUGH NEWSPAPER MEDIA. SCHEDULE E, LINE 6 LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE RECEIVES FINANCIAL ASSISTANCE FROM THE FLORIDA DEPARTMENT OF EDUCATION WHICH IS UTILIZED TO REDUCE THE TUITION REQUIRED FROM STUDENTS AT THE BRADENTON CAMPUS WHO ARE ALSO FLORIDA RESIDENTS. DURING THE FISCAL YEAR ENDED 6/30/2015, THE COLLEGE RECEIVED 1,691,010 IN SUCH FUNDING. FUNDRAISING 1216418 1180998 35420 1250 35114 29662 1216418 1180998 35420 1250 35114 29662 66026 -30606 true STUDENT SCHOLARSHIPS 1551 3573405 X X true true X X X X X X false false false false false false false false false JOHN M FERRETTI DO PRESIDENT/CEO 675900 24523 20800 10354 731577 MARY L ECKERT SECRETARY 604276 7426 22398 20800 5173 4749 12599 652223 RICHARD P OLINGER TREASURER/CFO 264870 262636 31604 19442 5173 13974 301647 296052 DENNIS M STYN TRUSTEE 303869 26012 20800 18809 369490 SILVIA M FERRETTI DO PROVOST/VP OF ACADEM 800140 21150 20800 10354 852444 HERSHEY BELL MD EMPLOYEE 393947 262 20800 12283 427292 ROBERT HIRSCH DDS EMPLOYEE 311747 234 20800 9640 342421 ROBERT GEORGE DO EMPLOYEE 308694 2541 20800 9832 341867 RICHARD TERRY DO EMPLOYEE 284475 141 20800 13283 318699 ANTHONY JOHN FERRETTI DO EMPLOYEE 237348 780 18814 4807 261749 REGAN SHABLOSKI DO EMPLOYEE 236345 92 18312 13091 267840 ANTON GOTLIEB DDS EMPLOYEE 209133 234 11287 9832 230486 IRVING FREEMAN PHDJD EMPLOYEE 199726 262 13620 10722 224330 SCHEDULE J, PAGE 1, PART I, LINE 1A THE ORGANIZATION SUBSCRIBES TO A CHARTER TRAVEL SHARED-SERVICE PROGRAM. THIS SERVICE IS USED SOLELY FOR BUSINESS PURPOSES. THE ORGANIZATION DOES NOT PAY FOR FIRST-CLASS TRAVEL. THE ORGANIZATION HOLDS AN ANNUAL OFF-SITE MEETING FOR WHICH IT PERMITS EACH PERSON NAMED ON FORM 990, PART VII, SECTION A TO BRING ONE GUEST. THE ORGANIZATION PAYS THE TRAVEL EXPENSES FOR THE INVITED GUEST. VANTAGE COMMON TRUSTEE 104300 VENDOR false VANTAGE COMMON TRUSEE 90641 PROPERTY RENTAL false PNC BANK TRUSTEE IS PRES 314581 INVESTMT MGR false RICHARD FERRETTI TRUSTEE FAM REL 207828 EMPLOYMENT false FIRST NATIONAL BANK TRUSTEE IS PRES 109733 INVESTMT MGR false SCHEDULE L, PART V MARY ECKERT, TRUSTEE AND OFFICER OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE (LECOM), ALSO SERVES ON THE VANTAGE BOARD. VANTAGE SELLS MEDICAL SERVICES AND SUPPLIES TO LECOM AND RENTS PROPERTY FROM LECOM. ADDITIONALLY, LECOM HOLDS A 12.15% OWNERSHIP INTEREST IN VANTAGE. PNC BANK MANAGES CERTAIN INVESTMENTS HELD BY LECOM. MARLENE MOSCO WAS THE PRESIDENT OF PNC BANK IN ERIE, PA AS OF 6/30/15 AND SERVES AS A TRUSTEE OF LECOM. RICHARD FERRETTI, AN EMPLOYEE OF LECOM, HAS A FAMILY RELATIONSHIP WITH DR. ANTHONY J. FERRETTI, D.O., A HIGHLY COMPENSATED EMPLOYEE OF LECOM. THOMAS WEDZIK, TRUSTEE OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE, IS ALSO THE PRESIDENT OF FIRST NATIONAL BANK (FNB). FNB MANAGES CERTAIN INVESTMENTS HELD BY LECOM. BASED ON THE REPORTING RULES/THRESHOLDS STATED IN THE FILING INSTRUCTIONS, THE FOLLOWING BUSINESS TRANSACTIONS ARE NOT REQUIRED TO BE REPORTED ON SCHEDULE L, PART IV. THE ORGANIZATION'S BOARD OF TRUSTEES VOLUNTARILY DISCLOSES THE FOLLOWING BUSINESS RELATIONSHIPS: MICHAEL J. VISNOSKY, ESQUIRE: MR. VISNOSKY WAS EMPLOYED BY THE LAW FIRM KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. UNTIL JANUARY 2015 WHEN HE ACCEPTED A NEW POSITION WITHIN THE LECOM HEALTH SYSTEM AS DIRECTOR OF GOVERNMENTAL AFFAIRS. LECOM ENGAGED ATTORNEY VISNOSKY'S PREVIOUS EMPLOYER, KNOX MCLAUGHLIN GORNALL & SENNETT, P.C., TO PERFORM VARIOUS LEGAL SERVICES. DURING THE FISCAL YEAR ENDED JUNE 30, 2015, LECOM PAID LEGAL FEES TOTALING 27,339 TO KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. FOR THOSE SERVICES. IN ADDITION, MILLCREEK COMMUNITY HOSPITAL, A RELATED ENTITY, PAID LEGAL FEES TO KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. TOTALING 79,129. DURING THE FIRST HALF OF THE FICAL YEAR ENDED JUNE 30, 2015, MR VISNOSKY WAS A SHAREHOLDER OF KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. MR. VISNOSKY'S SON-IN-LAW, MARK A. DENLINGER, IS ALSO A SHAREHOLDER OF KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. NEITHER ATTORNEY VISNOSKY OR ATTORNEY DENLINGER, INDIVIDUALLY, HELD AN OWNERSHIP INTEREST OF GREATER THAN 5% IN THE LAW FIRM. COLLECTIVELY, THEIR OWNERSHIP INTERESTS DID EXCEED 5% DURING THE FIRST HALF OF THE FISCAL YEAR. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE (LECOM) IS TO PREPARE STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS, PHARMACY PRACTITIONERS AND DENTISTS THROUGH PROGRAMS OF EXCELLENCE IN EDUCATION, RESEARCH, CLINICAL CARE, AND COMMUNITY SERVICES TO ENHANCE THE QUALITY OF LIFE THROUGH IMPROVED HEALTH FOR ALL HUMANITY. FORM 990, PAGE 2, PART III, LINE 4A THE GOAL OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE IS TO EDUCATE QUALIFIED STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS IMBUED WITH THE PHILOSOPHICAL PRINCIPLES OF OSTEOPATHIC MEDICINE. IT IS THE STATED PURPOSE OF THE COLLEGE TO EDUCATE AND DEVELOP FAMILY PHYSICIANS IN THE OSTEOPATHIC TRADITION. AT THE SAME TIME, IT PROPOSES TO PROVIDE ITS STUDENTS WITH FIRM ACADEMIC BACKGROUND SO THAT THOSE WHO WISH MAY ADVANCE FURTHER INTO THE OSTEOPATHIC SPECIALTIES OR ACADEMIC CAREERS, PARTICULARLY FOR AND WITH OSTEOPATHIC COLLEGES. THE GOAL OF THE SCHOOL OF PHARMACY AND SCHOOL OF DENTAL MEDICINE IS TO PREPARE PHARMACY AND DENTAL PROFESSIONALS WHO ARE COMMITTED TO PROVIDE HIGH-QUALITY, ETHICAL, AND EMPATHETIC PATIENT-CENTERED CARE TO SERVE THE NEEDS OF A DIVERSE POPULATION. TWO ACADEMIC DOCTORAL DEGREES ARE CURRENTLY CONFERRED AT LECOM. THE DOCTOR OF OSTEOPATHY (DO) AND THE DOCTOR OF PHARMACY IS AWARDED TO GRADUATES WHO HAVE SATISFACTORILY FULFILLED THE REQUIREMENTS FOR GRADUATION. THE FIRST MEDICAL CLASSES BEGAN ON AUGUST 9, 1993 AND 61 STUDENTS ENROLLED. THE COLLEGE BEGAN A SCHOOL OF PHARMACY IN THE FALL OF 2002. FIRST CLASSES FOR THE SCHOOL OF DENTAL MEDICINE BEGAN IN AUGUST, 2012. FOR THE FISCAL YEAR ENDED JUNE 30, 2015, THERE WERE OVER 3,770 MEDICAL, PHARMACY, DENTAL, POST-BACCALAUREATE, AND MASTERS STUDENTS ENROLLED. THE COLLEGE HAS THREE CAMPUSES, ERIE, PENNSYLVANIA, GREENSBURG, PENNSYLVANIA AND BRADENTON, FLORIDA. FORM 990, PAGE 6, PART VI, LINE 2 DR. JOHN M. FERRETTI, D.O. DR. SYLVIA M. FERRETTI, D.O. PRES/CEO KEY EMPLOYEE FAMILY RELATIONSHIP DR. JOHN M. FERRETTI, D.O. DR. ANTHONY JOHN FERRETTI, D.O. PRES/CEO HCE FAMILY RELATIONSHIP DR. SYLVIA M. FERRETTI, D.O. DR. ANTHONY JOHN FERRETTI, D.O. KEY EMPLOYEE HCE FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 6 MILLCREEK HEALTH SYSTEM, THE FILING ORGANIZATION'S PARENT CORPORATION, IS THE SOLE MEMBER OF THE FILING ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7B MILLCREEK HEALTH SYSTEM IS THE PARENT CORPORATION OF LECOM. IN ACCORDANCE WITH MILLCREEK HEALTH SYSTEM'S BY-LAWS, ITS BOARD OF TRUSTEES HAS THE RIGHT TO APPROVE ANY AND ALL TRANSACTIONS THAT CHANGE, OR HAVE THE EFFECT OF CHANGING, THE OWNERSHIP AND/OR CONTROL OF THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING ITS FORMS 990 AND 990-T, THE ORGANIZATION PROVIDED ITS BOARD MEMBERS WITH ACCESS TO ELECTRONIC COPIES OF THE TAX RETURNS AND INVITED COMMENTS AND QUESTIONS FROM THE BOARD MEMBERS. PRIOR TO FILING FORM 990 AND 990-T, MEMBERS OF THE ORGANIZATION'S FINANCIAL MANAGEMENT CONDUCTED DETAILED REVIEWS OF THE TAX FILINGS. THROUGHOUT THE REVIEW PROCESS, THERE WAS ONGOING DISCUSSION BETWEEN THE ORGANIZATION'S FINANCIAL MANAGEMENT AND THE TAX PREPARER. FORM 990, PAGE 6, PART VI, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE A STANDARDIZED CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. ANY POTENTIAL CONFLICTS OF INTEREST ARE ADDRESSED BY AN APPOINTED COMMITTEE WHOSE MEMBERS ARE INDEPENDENT WITH REGARD TO THE MATTER UNDER REVIEW. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS REVIEWED AND DOCUMENTED BY THE APPOINTED COMMITTEE, AND THEN THE APPOINTED COMMITTEE REPORTS THE RESULTS OF ITS REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION'S BUDGET/FINANCE COMMITTEE, WHICH ALSO FUNCTIONS AS THE COMPENSATION COMMITTEE, REVIEWED A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT IN MARCH 2007. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS VARIOUS FORM 990 FILINGS BY COMPARATIVE ORGANIZATIONS IN ORDER TO MAKE EXECUTIVE PAY COMPARISONS. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION'S BUDGET/FINANCE COMMITTEE, WHICH ALSO FUNCTIONS AS THE COMPENSATION COMMITTEE, REVIEWED A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT IN MARCH 2007. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS VARIOUS FORM 990 FILINGS BY COMPARATIVE ORGANIZATIONS IN ORDER TO MAKE EXECUTIVE PAY COMPARISONS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 NET ASSETS RELEASED FROM RESTRICTIONS 142,345 LOSS ON SALE OF FIXED ASSETS 398,738 COLLEGE FUNDED SCHOLARSHIPS -3,573,405 NET ASSETS RELEASED FROM RESTRICTIONS -142,345 LOSS ON SALE OF FIXED ASSETS -398,738 COLLEGE FUNDED SCHOLARSHIPS 3,573,405 FORM 990, PART XI, LINE 9 TEMPORARILY RESTRICTED CONTRIBUTIONS AND GRANTS 252,783 NET ASSETS RELEASED FROM RESTRICTION 142,345 TRANSFER TO RELATED ENTITY 84,969,978 MILLCREEK HEALTH SYSTEM (MHS) 5515 PEACH STREET ERIE PA 16509 251766164 PARENT COR PA 11C NA false MILLCREEK COMMUNITY HOSPITAL 5515 PEACH STREET ERIE PA 16509 251002937 HOSPITAL PA 3 MHS false MILLCREEK MANOR 5515 PEACH STREET ERIE PA 16509 251619204 LT CARE PA 3 MHS false MILLCREEK HEALTH SYSTEM MEDICAL PRO 5515 PEACH STREET ERIE PA 16509 576204119 LIAB INS PA 11D NA false MEDICAL ASSOCIATES OF ERIE ONE LECOM PLACE ERIE PA 16505 113716896 PHYS MGT PA 9 MHS false ERIE CENTER ON HEALTH AND AGING 406 PEACH STREET ERIE PA 16507 251361363 SR HEALTH PA 7 MHS false MCH CORPORATION 5515 PEACH STREET ERIE PA 16509 251549695 REAL ESTAT PA N/A false false true true false false false false false false true true false false false false true true true false