CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH (EIN 23-1352626)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-04-23
- IRS object ID
- 201531139349300348
- Schema version
- 2013v4.0
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-23T16:26:11-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 4500 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352626 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHESTNUT HILL COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHES | BusinessNameControlTxt |
| Phone | 2152487084 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19118 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURI STRIMKOVSKY | PersonNm |
| Person Title | SR VP, FINANCIAL AFFAIRS | PersonTitleTxt |
| Phone | 2152487084 | PhoneNum |
| Signature | 2015-04-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIUS GREEN CPA JD | PreparerPersonNm |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURI STRIMKOVSKY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19118 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $55,742,530 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | PRIVATE LIBERAL ARTS COLLEGE SPONSORED BY THE CONGREGATION OF THE SISTERS OF ST. JOSEPH OF PHILA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 954 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $244,506 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$36,177 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,588,727 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,769,601 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,408,620 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $48,036,446 | CYProgramServiceRevenueAmt |
| PY Investment Income | $425,492 | PYInvestmentIncomeAmt |
| CY Investment Income | $482,950 | CYInvestmentIncomeAmt |
| PY Other Revenue | $328,765 | PYOtherRevenueAmt |
| CY Other Revenue | $468,630 | CYOtherRevenueAmt |
| PY Total Revenue | $53,751,604 | PYTotalRevenueAmt |
| CY Total Revenue | $53,757,627 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $14,200,797 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,162,883 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,870,304 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,195,898 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,340,562 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,372,355 | PYOtherExpensesAmt |
| CY Other Expenses | $19,343,129 | CYOtherExpensesAmt |
| PY Total Expenses | $52,443,456 | PYTotalExpensesAmt |
| CY Total Expenses | $51,701,910 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,308,148 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,055,717 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $67,334,128 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,716,837 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $38,750,203 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,191,142 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,583,925 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,525,695 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CHESTNUT HILL COLLEGE, FOUNDED IN 1924, IS AN INDEPENDENT, CATHOLIC INSTITUTION THAT FOSTERS EQUALITY THROUGH EDUCATION. THE COLLEGE ESPOUSES THE BELIEFS AND VALUES INHERENT IN THE JUDEO-CHRISTIAN TRADITION WHILE IT RESPECTS THE CONTRIBUTIONS MADE BY OTHER FAITH TRADITIONS IN THE DEVELOPMENT OF THE WHOLE PERSON. THE COLLEGE NURTURES A SENSE OF INTEGRITY, SPIRITUALITY, AND SOCIAL JUSTICE IN ALL. THE MISSION OF THE COLLEGE IS TO PROVIDE STUDENTS WITH A HOLISTIC EDUCATION IN AN INCLUSIVE CATHOLIC COMMUNITY MARKED BY ACADEMIC EXCELLENCE, SHARED RESPONSIBILITY, PERSONAL AND PROFESSIONAL GROWTH, SERVICE TO ONE ANOTHER AND TO THE GLOBAL COMMUNITY, AND CONCERN FOR THE EARTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $43,051,452 | ExpenseAmt |
| Grant | $14,162,883 | GrantAmt |
| Revenue | $48,036,446 | RevenueAmt |
| Desc | BASED ON A STRONG LIBERAL ARTS TRADITION, THE COLLEGE OFFERS ACADEMIC PROGRAMS OF EXCELLENCE IN THE AREAS OF UNDERGRADUATE, GRADUATE, AND CONTINUING & PROFESSIONAL STUDIES. UNDERGRADUATE STUDENTS MAY STUDY TOWARDS BACHELOR'S DEGREES IN ONE OF TWO SCHOOLS OF THE COLLEGE. THE SCHOOL OF UNDERGRADUATE STUDIES OFFERS A RIGOROUS LIBERAL ARTS EDUCATION THAT PROVIDES STUDENTS WITH A BROAD BACKGROUND IN THE HUMANITIES, SOCIAL SCIENCES, AND NATURAL SCIENCES. THE SCHOOL OF CONTINUING & PROFESSIONAL STUDIES (AN ACCELERATED PROGRAM) EXTENDS OPPORTUNITIES FOR UNDERGRADUATE STUDY TO MATURE MEN AND WOMEN DURING EVENING AND WEEKEND HOURS. IN THE SCHOOL OF GRADUATE STUDIES, STUDENTS MAY PURSUE MASTERS DEGREES IN THE FOLLOWING AREAS: INSTRUCTIONAL TECHNOLOGY, COUNSELING AND CLINICAL PSYCHOLOGY, EDUCATION, AND HUMAN SERVICES. AN APA-ACCREDITED DOCTORAL PROGRAM IN COUNSELING PSYCHOLOGY IS ALSO OFFERED. THE COLLEGE'S TOTAL ENROLLMENT AS MEASURED IN THE FALL 2013 SEMESTER WAS 2,171 STUDENTS COMPRISED AS FOLLOWS IN EACH OF THE THREE SCHOOLS OF STUDY: SCHOOL OF UNDERGRADUATE STUDIES = 906; SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES = 575; SCHOOL OF GRADUATE STUDIES = 690. | Desc |
| Total Program Service Expenses | $43,051,452 | 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 | 0 | 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 | 79 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 954 | 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 | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | LAURI STRIMKOVSKY SR VP FINANCIAL AFFAIRS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2152487084 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9601 GERMANTOWN AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191182693 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CAROL JEAN VALE SSJ | ||||||||
| PRESIDENT/BOARD MEMBER | 50.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARGARET MCCAFFERY | ||||||||
| BOARD CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANNE P MYERS SSJ | ||||||||
| BOARD VICE CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA MAY AGGER | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| REGINA BELL SSJ | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA CONNOLLY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MARY DACEY SSJ | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH DENNY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL F DUNLEAVY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ANTOINETTE FORD PHD | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CONSTANCE GILDER SSJ | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN J GORDON PHD | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KENT GRISWOLD PHD | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE J HARTNETT | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| STEPHANIE KING | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MARGARET MCGREAL | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE LOCKYER MOULTON | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| SHAUN F O'MALLEY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOELLEN PARSONS | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JANET BROWN QUINTAL | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT RIETHMILLER JR | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE ROBINSON SSJ | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JACK J SANDOSKI | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RONALD ZEMNICK | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CAROL ZINN SSJ | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| FRANK L DAVEY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN GARDNER | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES B GINTY JD | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KAREN SPENCER KELLY | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS LYNCH RADMUSN | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JACK GULATI | ||||||||
| BOARD MEMBER (TERM EXPIRED) | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KATHRYN MILLER SSJ | ||||||||
| BOARD SECRETARY-NON VOTING | 50.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURI STRIMKOVSKY | ||||||||
| SR VP OF FIN AFFAIRS | 50.00 | Yes (X) | $157,160 | $0 | $20,096 | |||
| KENNETH HICKS | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 50.00 | $193,802 | $0 | $20,643 | Yes (X) | |||
| STEPHEN GUERRIERO | ||||||||
| VP ACADEMIC AFFAIRS | 50.00 | $181,677 | $0 | $19,688 | Yes (X) | |||
| LYNN ORTALE | ||||||||
| VP STUDENT LIFE | 50.00 | $111,372 | $0 | $38,222 | Yes (X) | |||
| JOSEPH MICUCCI | ||||||||
| PROFESSOR OF PSYCHOLOGY | 50.00 | $109,185 | $0 | $16,810 | Yes (X) | |||
| DAVID CONTOSTA | ||||||||
| PROFESSOR OF HISTORY | 50.00 | $106,781 | $0 | $16,593 | Yes (X) | |||
| SCOTT BROWNING | ||||||||
| PROFESSOR OF PSYCHOLOGY | 50.00 | $100,553 | $0 | $16,528 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $960,530 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $148,580 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALLIED BARTON SECURITY | |||||
| 161 WASHINGTON STREET STE 600 | CONSHOHOCKEN | PA | 19428 | SECURITY SERVICES | $1,483,405 |
| ARAMARK CORPORATION | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | PHYSICAL PLANT SVCS | $965,279 |
| 160OVER90 INC | |||||
| ONE SOUTH BROAD STREET 10TH FLOOR | PHILADELPHIA | PA | 19107 | MARKETING / COMM | $906,219 |
| ARTHUR JACKSON COMPANY | |||||
| 7025 WEST CHESTER PIKE | UPPER DARBY | PA | 19082 | HOUSEKEEPING SVCS | $440,856 |
| FORD FLOWER HASBROUCK & KING | |||||
| 199 NEW ROAD | LINWOOD | NJ | 08221 | LEGAL SVC. | $239,149 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $101,536 | FundraisingAmt |
| Government Grants | $777,561 | GovernmentGrantsAmt |
| All Other Contributions | $3,890,504 | AllOtherContributionsAmt |
| Noncash Contributions | $1,919,310 | NoncashContributionsAmt |
| Total Contributions | $4,769,601 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $42,136,177 | $42,136,177 |
| ROOM AND BOARD | 611600 | $4,730,230 | $4,730,230 |
| AUXILIARY FEES | 611600 | $1,170,039 | $1,170,039 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $48,036,446 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $223,444 | TotalRevenueColumnAmt |
| Exclusion | $223,444 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $122,369 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $16,489 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $105,880 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,880 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $55,983 | UnrelatedBusinessRevenueAmt |
| Exclusion | $49,897 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,165,063 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,905,544 | SecuritiesAmt |
| Other | $13 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $259,519 | SecuritiesAmt |
| Other | -$13 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $259,506 | TotalRevenueColumnAmt |
| Exclusion | $259,506 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $35,575 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $101,536 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $62,857 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$27,282 | TotalRevenueColumnAmt |
| Exclusion | -$27,282 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $14,960 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,960 | TotalRevenueColumnAmt |
| Exclusion | $14,960 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CATERING REVENUE | 722320 | $188,523 | $188,523 | |
| PARKING TICKETS AND FEES | 611110 | $52,468 | $52,468 | |
| GAS CONVERSION REBATE | 611110 | $35,528 | $35,528 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,553 | TotalRevenueColumnAmt |
| Exclusion | $98,553 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $375,072 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,757,627 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,036,446 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $244,506 | UnrelatedBusinessRevenueAmt |
| Exclusion | $707,074 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,162,883 | TotalAmt |
| Program Services | $14,162,883 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,273 | TotalAmt |
| Management And General | $189,273 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,974,674 | TotalAmt |
| Program Services | $13,151,874 | ProgramServicesAmt |
| Management And General | $1,127,872 | ManagementAndGeneralAmt |
| Fundraising | $694,928 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,005 | TotalAmt |
| Program Services | $306,900 | ProgramServicesAmt |
| Management And General | $23,889 | ManagementAndGeneralAmt |
| Fundraising | $16,216 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,656,390 | TotalAmt |
| Program Services | $1,384,828 | ProgramServicesAmt |
| Management And General | $164,933 | ManagementAndGeneralAmt |
| Fundraising | $106,629 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,028,556 | TotalAmt |
| Program Services | $893,121 | ProgramServicesAmt |
| Management And General | $88,244 | ManagementAndGeneralAmt |
| Fundraising | $47,191 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,038 | TotalAmt |
| Management And General | $393,038 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,725 | TotalAmt |
| Management And General | $53,725 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,057 | TotalAmt |
| Management And General | $102,057 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,202 | TotalAmt |
| Management And General | $55,202 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $822,891 | TotalAmt |
| Program Services | $482,315 | ProgramServicesAmt |
| Management And General | $55,280 | ManagementAndGeneralAmt |
| Fundraising | $285,296 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $873,659 | TotalAmt |
| Program Services | $19,873 | ProgramServicesAmt |
| Management And General | $852,286 | ManagementAndGeneralAmt |
| Fundraising | $1,500 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,380,538 | TotalAmt |
| Program Services | $905,835 | ProgramServicesAmt |
| Management And General | $1,413,051 | ManagementAndGeneralAmt |
| Fundraising | $61,652 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,592 | TotalAmt |
| Program Services | $336,792 | ProgramServicesAmt |
| Management And General | $122,800 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,244,154 | TotalAmt |
| Program Services | $3,245,064 | ProgramServicesAmt |
| Management And General | $999,090 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,617 | TotalAmt |
| Program Services | $240,307 | ProgramServicesAmt |
| Management And General | $49,196 | ManagementAndGeneralAmt |
| Fundraising | $47,114 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $373,608 | TotalAmt |
| Program Services | $195,588 | ProgramServicesAmt |
| Management And General | $125,263 | ManagementAndGeneralAmt |
| Fundraising | $52,757 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,352 | TotalAmt |
| Program Services | $369,264 | ProgramServicesAmt |
| Management And General | $123,088 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,086,784 | TotalAmt |
| Program Services | $1,565,088 | ProgramServicesAmt |
| Management And General | $521,696 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,500 | TotalAmt |
| Program Services | $32,500 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DINING SERVICES | $2,453,042 | $2,146,412 | $306,630 |
| SECURITY SERVICES | $1,483,405 | $1,112,554 | $370,851 |
| CONTRIBUTED SERVICES | $800,103 | $680,088 | $120,015 |
| GRANT RELATED EXPENSES | $792,945 | $792,945 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,106,917 | TotalAmt |
| Program Services | $1,027,221 | ProgramServicesAmt |
| Management And General | $52,417 | ManagementAndGeneralAmt |
| Fundraising | $27,279 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,701,910 | TotalAmt |
| Program Services | $43,051,452 | ProgramServicesAmt |
| Management And General | $7,309,896 | ManagementAndGeneralAmt |
| Fundraising | $1,340,562 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,465 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $481,166 | BOYAmt |
| EOY | $1,026,971 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,420,474 | BOYAmt |
| EOY | $2,466,592 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,656,788 | BOYAmt |
| EOY | $3,414,791 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $485,674 | BOYAmt |
| EOY | $500,459 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $82,494,645 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,050,349 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,529,051 | BOYAmt |
| EOY | $49,444,296 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,839,044 | BOYAmt |
| EOY | $9,882,782 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,600,774 | BOYAmt |
| EOY | $1,619,803 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,157 | BOYAmt |
| EOY | $359,678 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,334,128 | BOYAmt |
| EOY | $68,716,837 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,961,348 | BOYAmt |
| EOY | $4,598,970 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,575,715 | BOYAmt |
| EOY | $1,539,260 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,225,000 | BOYAmt |
| EOY | $16,715,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,556,325 | BOYAmt |
| EOY | $11,031,499 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,431,815 | BOYAmt |
| EOY | $3,306,413 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,750,203 | BOYAmt |
| EOY | $37,191,142 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,250,612 | BOYAmt |
| EOY | $18,435,768 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,234,881 | BOYAmt |
| EOY | $6,543,878 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,098,432 | BOYAmt |
| EOY | $6,546,049 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,583,925 | BOYAmt |
| EOY | $31,525,695 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,334,128 | BOYAmt |
| EOY | $68,716,837 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,055,717 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $827,380 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $58,673 | 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 | $102,057 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $102,057 | 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 | DURING THE YEAR, THE COLLEGE HAS RETAINED THE SERVICES OF LOBBYING FIRMS FOR THE PURPOSE OF DEVELOPING RELATIONSHIPS WITH LEGISLATORS, WHICH MAY INCLUDE LOBBYING ACTIVITIES TO OBTAIN GOVERNMENT FUNDS. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,434,904 | BeginningYearBalanceAmt |
| Contributions | $447,617 | ContributionsAmt |
| Investment Earnings Or Losses | $925,372 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $8,807,893 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,579,362 | BeginningYearBalanceAmt |
| Contributions | $322,703 | ContributionsAmt |
| Investment Earnings Or Losses | $532,839 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,434,904 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,069,695 | BeginningYearBalanceAmt |
| Contributions | $742,365 | ContributionsAmt |
| Investment Earnings Or Losses | -$232,698 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,579,362 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,185,864 | BeginningYearBalanceAmt |
| Contributions | $77,277 | ContributionsAmt |
| Investment Earnings Or Losses | $806,554 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,069,695 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,574,186 | BeginningYearBalanceAmt |
| Contributions | $195,120 | ContributionsAmt |
| Investment Earnings Or Losses | $416,558 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,185,864 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.74320 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25680 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,506,160 | OtherCostOrOtherBasisAmt |
| Book Value | $10,506,160 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $59,055,327 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,363,016 | DepreciationAmt |
| Book Value | $34,692,311 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,301,951 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,687,333 | DepreciationAmt |
| Book Value | $1,614,618 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,631,207 | OtherCostOrOtherBasisAmt |
| Book Value | $2,631,207 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $49,444,296 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS AND ADVANCES | $1,078,573 |
| ADVANCES FROM FEDERAL GOVERNMENT - STUDENT LOANS | $599,417 |
| ANNUITIES PAYABLE | $50,344 |
| CURRENT VALUE OF DERIVATIVE INSTRUMENT | $1,265,246 |
| CAPITAL LEASE OBLIGATION | $312,833 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,306,413 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,792,741 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $827,380 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $287,800 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$14,104,210 | OtherRevenueAmt |
| Revenue Not Reported | -$12,989,030 | RevenueNotReportedAmt |
| Revenue Subtotal | $53,781,771 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $55,202 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$79,346 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$24,144 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $53,757,627 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $37,850,971 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $287,800 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $79,346 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $367,146 | ExpensesNotReportedAmt |
| Expenses Subtotal | $37,483,825 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $55,202 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $14,162,883 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,218,085 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $51,701,910 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUND IS USED PRIMARILY FOR THE AWARDING OF SCHOLARSHIPS TO STUDENTS. OTHER USES MAY INCLUDE THE FUNDING OF EDUCATION-RELATED ACTIVITIES SUCH AS PURCHASING LIBRARY RESOURCES OR THE FUNDING OF A LECTURE SERIES. |
| PART X, LINE 2: | THE COLLEGE FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2010, 2011, AND 2012 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE PENNSYLVANIA DEPARTMENT OF REVENUE. HOWEVER, THE COLLEGE IS NOT CURRENTLY UNDER AUDIT NOR HAS THE COLLEGE BEEN CONTACTED BY THESE JURISDICTIONS. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES ARE INCLUDED IN OPERATING EXPENSE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF DERIVATIVE INSTRUMENT 58,673. SCHOLARSHIPS & GRANTS -14,162,883. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -62,857. RENTAL EXPENSES -16,489. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 62,857. RENTAL EXPENSES 16,489. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS 14,162,883. |
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 COLLEGE PROVIDES A STATEMENT IN ALL PUBLICATIONS AND ON ITS WEBSITE REGARDING ITS NONDISCRIMINATORY POLICY. THE COLLEGE IS SIGNIFICANTLY DIVERSE IN THAT THE PERCENTAGES OF AMERICAN INDIAN, ASIAN, AFRICAN-AMERICAN, AND LATIN STUDENTS CONSTITUTE 40.7%, 44.3%, AND 44.6% OF THE TOTAL STUDENT POPULATION, AS MEASURED IN THE FALL OF 2011, 2012, AND 2013 RESPECTIVELY. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVED $425,759 IN EDUCATION RELATED GRANTS FROM FEDERAL GOVERNMENT AGENCIES AND $351,802 FROM STATE GRANTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SCHOLARSHIP GALA | NameOfEvent1Amt |
| Gross Receipts Event1 | $73,280 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $60,010 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $13,270 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $1,550 | CashPrizesEvent1Amt |
| Food And Beverage Event1 | $11,692 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $420 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $9,652 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | FALL GOLF OUTING | NameOfEvent2Amt |
| Gross Receipts Event2 | $63,831 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $41,526 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $22,305 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $14,275 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $11,195 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $14,073 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $137,111 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $101,536 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $35,575 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $1,550 | CashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $14,275 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $22,887 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $420 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $23,725 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $62,857 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$27,282 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 1560 | RecipientCnt |
| Cash Grant | $14,162,883 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED BY THE COLLEGE ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER OBJECTIVE STANDARDS. ALL AWARDED FUNDS ARE TREATED AS REDUCTIONS TO TUITION. NO FUNDS ARE DISBURSED TO INDIVIDUALS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURI STRIMKOVSKY | ||||||||||||||
| SR VP OF FIN AFFAIRS | $157,160 | $0 | $0 | $0 | $0 | $0 | $8,840 | $0 | $11,256 | $0 | $177,256 | $0 | $0 | $0 |
| KENNETH HICKS | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $193,802 | $0 | $0 | $0 | $0 | $0 | $10,564 | $0 | $10,079 | $0 | $214,445 | $0 | $0 | $0 |
| STEPHEN GUERRIERO | ||||||||||||||
| VP ACADEMIC AFFAIRS | $181,677 | $0 | $0 | $0 | $0 | $0 | $10,219 | $0 | $9,469 | $0 | $201,365 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE RENTS AN APARTMENT NEAR THE COLLEGE IN WHICH THE VICE PRESIDENT FOR STUDENT LIFE, LYNN ORTALE, RESIDES. BECAUSE OF HER POSITION AT THE COLLEGE, THIS IS A CONDITION OF HER EMPLOYMENT AND IS FOR THE CONVENIENCE OF THE ORGANIZATION. THE COLLEGE PAYS THE RENT DIRECTLY TO THE LANDLORD, AND NO PART OF THE BENEFIT IS TAXABLE INCOME TO MS. ORTALE. THIS AMOUNT IS INCLUDED AS A NONTAXABLE BENEFIT UNDER OTHER COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES A | ||||||||
| A | 232237287 | 71782AAA0 | 2007-03-29 | $10,365,000 | ADVANCE REFUNDING OF 1999 BONDS - SEE BELOW FOR DETAILS | Yes (1) | 0 | 0 |
| PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES B | ||||||||
| B | 232237287 | 71782AAB8 | 2007-03-29 | $8,855,000 | PURCHASED LAND AND BUILDINGS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,395,000 | $10,365,000 | $908,764 | $150,810 | $658 | 2007 | 0 | Yes (1) | Yes (1) | Yes (1) | |
| B | $1,110,000 | $8,855,000 | $169,844 | $562 | 2007 | 0 | 0 | Yes (1) | Yes (1) | $8,684,594 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | B | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00010 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00010 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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 | Business Name Line2HedgeProviderName/BusinessNameLine2 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO BANK | |||||||||||||
| A | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | NC | 22.600000000000 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| (no name) | |||||||||||||
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | ||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K SUPPLENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | BOND ISSUE A - ADVANCE REFUNDING OF THE HOSPITALS AND HIGHER EDUCATIONAL FACILITIES AUTHORITY OF PHILADELPHIA'S COLLEGE REVENUE BONDS SERIES OF 1999 (CHESTNUT HILL COLLEGE PROJECT) ISSUED ON MARCH 10, 1999 FOR NEW BUILDING AND REPAIRS AND TO CURRENTLY REFUND PRIOR ISSUES THAT FUNDED REHABILITATION AND EQUIPTING OF FACILITIES. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $389,710 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | NYSE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | DEED RELEASE | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,529,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION USES THIRD PARTY INVESTMENT MANAGERS WHO RECEIVE ANY STOCK DONATIONS AND SELL THEM IMMEDIATELY UNLESS OTHERWISE RESTRICTED BY THE DONOR. SECURITIES ARE LIQUIDATED AND INVESTED ACCORDING TO THE SPECIFIC POLICY OF THE ENDOWMENT OR CAMPAIGN ACCOUNT OR FORWARDED TO THE COLLEGE FOR APPROPRIATE DISBURSEMENT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE ORGANIZATION ARE THE GENERAL COUNCIL OF THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH. THEY HAVE THE SAME VOTING RIGHTS AS THE OTHER BOARD DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GENERAL COUNCIL OF THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH RESERVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS MAY INITIATE AND IMPLEMENT ANY PROPOSAL WITH RESPECT TO ANY OF THE FOLLOWING, AND, IF ANY PROPOSAL WITH RESPECT TO ANY OF THE FOLLOWING IS OTHERWISE INITIATED, IT SHALL NOT BECOME EFFECTIVE UNLESS APPROVED BY THE MEMBERS: (A) TO ADOPT OR CHANGE THE MISSION, PURPOSE, PHILOSOPHY OR OBJECTIVES OF THE CORPORATION OR TO CHANGE THE GENERAL STRUCTURE OF THE OPERATION OF THE CORPORATION AS A VOLUNTARY NON-PROFIT CORPORATION FOR EDUCATION; (B) TO AMEND THE CORPORATION'S CHARTER, CERTIFICATE OR ARTICLES OF INCORPORATION, OR BYLAWS; (C) TO DISSOLVE, DIVIDE, CONVERT, LIQUIDATE OR WIND UP THE CORPORATION, OR CONSOLIDATE OR MERGE THE CORPORATION WITH ANOTHER CORPORATION OR ENTITY; (D) TO SELL ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION; (E) TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION; (F) TO APPROVE PRINCIPAL OFFICERS OF THE CORPORATION; AND (G) TO EFFECT ANY TRANSFER OR ENCUMBRANCE OF CORPORATE PROPERTY WHICH REQUIRES APPROVAL PURSUANT TO CANON LAW. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 AND ALL ACCOMPANYING SCHEDULES ARE PREPARED AND REVIEWED BY THE COLLEGE'S EXTERNAL AUDIT FIRM. AFTER THE INITIAL REVIEW BY MANAGEMENT, THE FORM 990 IS THEN DISTRIBUTED TO THE AUDIT COMMITTEE MEMBERS FOR THEIR REVIEW AND APPROVAL. THE FULL BOARD OF DIRECTORS RECEIVES THE RETURN PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE HAS A SUBSTANTIVE WRITTEN CONFLICT OF INTEREST POLICY THAT COVERS BOARD MEMBERS AND ANY OTHER INDIVIDUAL CONSIDERED AN INTERESTED PERSON. BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT WHICH INCLUDES COMPREHENSIVE QUESTIONS ON FAMILY AND BUSINESS RELATIONSHIPS. ALL STATEMENTS ARE REVIEWED BY THE BOARD SECRETARY. ANY POTENTIAL OR ACTUAL CONFLICT IS FULLY DISCLOSED BY THE SECRETARY TO THE MEMBERSHIP COMMITTEE, WHO WILL DETERMINE WHETHER OR NOT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. THE INTERESTED PARTY IS EXCLUDED FROM ALL DISCUSSIONS AND DECISIONS RELATED TO THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE COLLEGE PRESIDENT AND THE OFFICERS IS DOCUMENTED IN THE COLLEGE'S "PROCESS FOR DETERMINING COMPENSATION" POLICY. THE PRESIDENT OF THE COLLEGE, A SISTER OF ST. JOSEPH, RECEIVES NO DIRECT COMPENSATION. A PORTION OF THE PRESIDENT'S SALARY IS REMITTED TO THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH OF PHILADELPHIA. THE BOARD OF DIRECTORS APPROVES THE FISCAL YEAR BUDGET WHICH CONTAINS THE TOTAL COMPENSATION AMOUNT FOR THE YEAR. THE PRESIDENT AND SENIOR VICE PRESIDENT FOR FINANCIAL AFFAIRS DETERMINE THE SALARIES OF OFFICERS AND OTHER COLLEGE EMPLOYEES BASED ON THE BUDGET AND MARKET DATA FROM COMPARABLE INSTITUTIONS. THE ORGANIZATION USES CUPA SALARY DATA TO VERIFY ANY COMPENSATION DECISIONS ARE WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PERIODICALLY REVIEWS THE SALARIES OF THE COLLEGE PRESIDENT AND VICE PRESIDENTS. SPECIFIC DISCUSSIONS ON COMPENSATION ARE NOT RECORDED IN BOARD MINUTES, HOWEVER, COMPENSATION IS A COMPONENT OF THE BUDGET WHICH IS FULLY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COLLEGE'S ACCOUNTING OFFICE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF DERIVATIVE INSTRUMENT 58,673. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONGREGATION OF THE SISTERS OF ST JOSEPH | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9701 GERMANTOWN AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19118 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | LOCAL COMMUNITIES ENGAGE IN TEACHING, HUMAN SVC AND CHARITABLE PURSUITS | 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 | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R, PART V | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE LEASES ITS MAIN CAMPUS PROPERTY FROM THE CONVENT OF THE SISTERS OF SAINT JOSEPH, PHILADELPHIA, A PENNSYLVANIA NON-PROFIT CORPORATION. THE LEASE IS DATED SEPTEMBER 1, 2005 AND IS FOR A TERM OF 29 YEARS EXPIRING AUGUST 31, 2034. THE RENT FOR THE ENTIRE TERM WAS $10.00. THE CONVENT AND COLLEGE'S MAIN CAMPUS ARE LOCATED ON THE SAME PROPERTY. THE TWO ENTITIES SHARE COSTS RELATED TO PHYSICAL PLANT MAINTENANCE, UTILITIES, PROPERTY INSURANCE AND OTHER PROPERTY COSTS AS NECESSARY. COSTS ARE ALLOCATED BASED ON USAGE. | ExplanationTxt |