2015-05-13T13:55:58-05:00 2014-06-30 232226550 MCGRAIL MERKEL QUINN & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2013-07-01 240839402 LACKAWANNA COLLEGE LACK 5709617846 501 VINE STREET SCRANTON PA 18509 MARK VOLK PRESIDENT 5709617846 2015-05-11 1 MARY ANN NOVAK CPA P01056330 5709610345 2015-05-11 2013 2016-02-25 16:41:14Z MARK VOLK 501 VINE STREET SCRANTON PA 18509 25139220 0 X WWW.LACKAWANNA.EDU X 1957 PA LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT HIGHER EDUCATIONAL INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. 20 20 653 0 0 0 672970 3587588 20537570 20659591 234610 68930 26789 3783 21471939 24319892 0 1018644 0 0 12065979 12346639 0 0 556487 9755862 8934012 21821841 22299295 -349902 2020597 51678307 53283831 18946871 17890320 32731436 35393511 X LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATION INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. THE COLLEGE STRIVES TO BE AN AFFORDABLE TWO-YEAR, OPEN-ENROLLMENT COLLEGE, PROVIDING A HIGH QUALITY AND TRANSFERABLE EDUCATION THAT EXCEEDS ACADEMIC EXPECTATIONS FOR STUDENTS AT ALL LEARNING LEVELS. THE COLLEGE IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHO ARE ACADEMICALLY UNDERPREPARED FOR COLLEGE LEVEL WORK, AND NURTURING STUDENTS' SENSE OF SELF-WORTH AND CAPACITY TO MAKE A DIFFERENCE. THE COLLEGE IS ALSO COMMITTED TO CULTIVATING AND MAINTAINING ACTIVE PARTNERSHIPS WITH OUR REGIONAL COMMUNITY, INCLUDING OTHER EDUCATIONAL INSTITUTIONS, BUSINESSES, AND NON-PROFIT AGENCIES. THE COLLEGE DELIVERS SERVICE THROUGH EXCELLENCE IN PROGRAMS THAT PREPARE STUDENTS TO SUCCEED IN THE WORKFORCE. 0 0 10566980 1018644 15990165 TUITION & FEES FOR DEGREE AND ACT 120 EDUCATIONAL SERVICES. LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION PROVIDING OPPORTUNITIES FOR CAREER AND PERSONAL DEVELOPMENT WITHIN SELECTED ASSOCIATE DEGREES. ALL MUNICIPAL POLICE OFFICER CANDIDATES ARE REQUIRED TO UNDERTAKE THE MUNICIPAL POLICE OFFICERS EDUCATION AND TRAINING PROGRAM, ACT 120 PRIOR TO THEIR CERTIFICATION TO SERVE AS POLICE OFFICERS IN PENNSYLVANIA. 1512212 2288310 AUXILIARY ENTERPRISE REVENUE GENERATED FROM RESIDENT HOUSING. LACKAWANNA COLLEGE PROVIDES RESIDENT HOUSING FOR MEN AND WOMEN STUDENTS ATTENDING THE INSTITUTION'S SCRANTON CAMPUS. ALL FULL-TIME STUDENTS ATTENDING THE SCRANTON CAMPUS WHO DO NOT COMMUTE DAILY FROM THE HOME OF THEIR PARENT(S), LEGAL GUARDIAN(S), OR SPOUSE MUST RESIDE IN CAMPUS HOUSING WHEN THEY ARE ACTIVELY ENROLLED IN COLLEGE COURSES. THIS POLICY APPLIES TO ANY TIME OF ENROLLMENT, INCLUDING SUMMER SESSIONS AND INTERSESSION. 1573542 2381116 CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE. LACKAWANNA COLLEGE'S CONTINUING EDUCATION DEPARTMENT ADDRESSES THE NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE TRADITIONAL COLLEGE CREDIT STRUCTURE.THE CONTINUING EDUCATION DEPARTMENT OFFERS A VARIETY OF COURSES FOR BOTH PERSONAL AND PROFESSIONAL DEVELOPMENT. INDIVIDUALS MAY CHOOSE COURSES THAT FILL A PERSONAL NEED, DEVELOP BASIC SKILLS, PROVIDE RETRAINING FOR NEW CAREER OR ALLOW ADVANCEMENT IN THEIR CURRENT CAREERS. CONTINUING EDUCATION OFFERINGS INCLUDE CREDIT AND NON-CREDIT COURSES, CERTIFICATE PROGRAMS, SPECIALIZED JOB TRAINING AND SEMINARS. 13652734 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2813 0 1 653 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X ALYCIA SCHWARTZ CFO 5709617845 501 VINE STREET SCRANTON PA 18509 WILLIAM CONABOY ESQ TRUSTEE CHAIRPERSON 1.00 X 0 0 0 RICHARD BEASLEY SECRETARY 1.00 X 0 0 0 VINCE BENEDETTO TRUSTEE 1.00 X 0 0 0 CATHERINE A BOLTON TRUSTEE 1.00 X 0 0 0 SALLY BOHLIN TRUSTEE 1.00 X 0 0 0 DAVIS R CHANT TRUSTEE 1.00 X 0 0 0 THOMAS CUMMINGS JR TRUSTEE 1.00 X 0 0 0 JODY CORDARO TRUSTEE 1.00 X 0 0 0 DOMINICK DENAPLES CHAIRMAN EMERITUS 1.00 X 0 0 0 HARRY LINDSAY TRUSTEE 1.00 X 0 0 0 TIMOTHY HOLMES TRUSTEE 1.00 X 0 0 0 DAVID KAPLAN TRUSTEE 1.00 X 0 0 0 JAMES OTT TRUSTEE 1.00 X 0 0 0 MICHAEL M MURPHY TRUSTEE 1.00 X 0 0 0 MICHAEL NARCAVAGE TRUSTEE 1.00 X 0 0 0 NICHOLAS NILES TRUSTEE 1.00 X 0 0 0 P THOMAS PADDEN TRUSTEE 1.00 X 0 0 0 JACK TRUSCHEL ED D PSY D TRUSTEE 1.00 X 0 0 0 JOYCE VAN SCHOOVENELD TRUSTEE 1.00 X 0 0 0 JOHN P WIERCINSKI TRUSTEE 1.00 X 0 0 0 MARK VOLK PRESIDENT 40.00 X 130531 0 32549 DR JILL MURRAY EXECUTIVE VICE PRESIDENT 40.00 X 96682 0 18190 ALYCIA SCHWARTZ VP FOR FINANCE AND ADMINISTRATION 40.00 X 96365 0 24761 PAUL STRUNK VP FOR ADVANCEMENT 40.00 X 87663 0 12557 411241 0 88057 1 0 0 0 STIRNA'S RESTAURANT 120 WEST MARKET STREET SCRANTON PA 18508 FOOD SERVICE 887887 SPANO CONSTRUCTION 1012 PRICE STREET SCRANTON PA 18508 CONTRACTOR 320740 QUALITY BUILDING PO BOX 317 DUNMORE PA 18512 JANITORIAL/CLEANING 244786 3 3587588 2260063 3587588 EDUCATIONAL 611710 15990165 15990165 CONTINUING ED AND MISC PROGRAM 611710 2381116 2381116 AUXILIARY 611710 2288310 2288310 20659591 292936 292936 440204 50047 431922 282335 8282 -232288 -224006 -224006 108854 105071 3783 3783 24319892 20659591 0 72713 1018644 1018644 411241 323578 87663 8290673 6920664 1170476 199533 332825 264697 57144 10984 2652814 2109793 455468 87553 659086 524174 113160 21752 92486 92486 35500 35500 293961 293961 644353 644353 2498914 2498914 ADMINISTRATIVE EXPENSES 2698995 2698995 EDUCATIONAL EXPENSES 2520801 2520801 DEVELOPMENT EXPENSES 149002 149002 22299295 13652734 8090074 556487 98707 92488 5403991 4513539 143254 22167 262094 270326 727746 710928 282684 766543 57276308 20808359 35849129 36467949 8213522 9040804 60000 60000 637180 1339087 51678307 53283831 1216909 1069420 688757 704751 17041205 16116149 18946871 17890320 X 29859988 31874568 2811448 3458943 60000 60000 32731436 35393511 51678307 53283831 2020597 641478 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4232392 309227 518507 31768 5028358 3768025 190456 338530 64619 4232392 3610625 76047 138823 57470 3768025 3128422 59683 479868 57348 3610625 2970237 45147 256613 143575 3128422 0.79000 0.01000 0.20000 0 0 1525481 1525481 45145040 14397887 30747153 1759163 643586 1115577 8152774 5749811 2402963 693850 17075 676775 36467949 X 25066441 641478 641478 24424963 -105071 -105071 24319892 22404366 105071 105071 22299295 0 22299295 PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -105,071. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 105,071. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN THE DEPT OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM. ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS AND FOR CAPITAL PROJECTS. CONCERTS 69437 69437 81150 GOLF TOURNAMENTS 25899 25899 16666 2 13518 13518 7255 108854 108854 105071 105071 3783 1 SCHOLARSHIPS 455 1018644 X 1 2250000 APPRAISAL X BLDG IMPROVEM 1 10063 FAIR MARKET VALUE OF 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 AMENDED BYLAWS APPROVED APRIL 2014 FORM 990, PART VI, SECTION B, LINE 11 A PDF COPY OF THE 990 IS SENT TO BOARD MEMBERS PRIOR TO MEETING. THE FORM 990 IS THEN DISCUSSED AT THE BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH BOARD MEMBERS AND EACH MEMEBR SIGNS A DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.