2025-10-08T10:02:58-05:00 2025-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2024-07-01 231352691 WILLIAMSON COLLEGE OF THE TRADES WILL 6105661776 106 S NEW MIDDLETOWN ROAD MEDIA PA 19063 NANCY CATANIA CFO 6105661776 2025-10-06 1 0 KATIE O GALASKA P01211168 2154414600 2024 2025-03-06 01:10:19Z NANCY CATANIA 106 S NEW MIDDLETOWN ROAD MEDIA PA 19063 69327379 0 X WWW.WILLIAMSON.EDU X 1888 PA TO PREPARE DESERVING YOUNG MEN TO BE RESPECTED LEADERS AND PRODUCTIVE MEMBERS OF SOCIETY. 21 21 152 150 0 0 12105357 16456384 0 0 10108299 8063964 180398 306557 22394054 24826905 0 0 0 0 7423860 7876358 0 0 1908314 8062568 8212190 15486428 16088548 6907626 8738357 258182166 280668306 2556417 3409945 255625749 277258361 WILLIAMSON COLLEGE OF THE TRADES PREPARES DESERVING YOUNG MEN TO BE RESPECTED LEADERS AND PRODUCTIVE MEMBERS OF SOCIETY. 0 0 6388602 TO ACCOMPLISH THE MISSION, WILLIAMSON PROVIDES STUDENTS WITH ACADEMIC, TRADE, TECHNICAL, MORAL AND LEADERSHIP EDUCATION WITH A CHRISTIAN PERSPECTIVE THAT FOSTERS THE VALUES OF FAITH, INTEGRITY, DILIGENCE, EXCELLENCE, AND SERVICE. THROUGH A COMPREHENSIVE FINANCIAL AID PORTFOLIO, THE TUITION, ROOM, AND BOARDING NET COST FOR ALL STUDENTS IS ZERO. PROGRAM EXPENSES ARE PARTIALLY ADDRESSED BY $1,598,455 IN PELL FUNDING, $24,650 IN FSEOG FUNDING AND $1,201,125 IN PA STATE GRANT FUNDING.EXPENSES ARE INCURRED FOR EDUCATIONAL TRAINING IN TRADE AND GENERAL EDUCATION COURSES. 3860308 BOARD, LODGING AND HEALTH SERVICE: STUDENTS ARE REQUIRED TO LIVE ON CAMPUS. MEALS, HOUSING, AND MEDICAL FACILITIES ARE PROVIDED AT THE COLLEGE'S EXPENSE. A SIGNIFICANT PORTION IS ALLOCATED TO SALARIES FOR THESE SERVICES. 425764 ACTIVITY EXPENSES: THESE EXPENSES RELATE TO SOCIAL FUNCTIONS FOR THE STUDENTS AND ATHLETIC COSTS. COSTS ARE INCURRED FOR REFRESHMENT, ENTERTAINMENT AND ATHLETIC EQUIPMENT, SUPPLIES, AND COACHING SALARIES. 10674674 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 1 152 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK AZ CO KY MD MA MI NH OH OK OR SC WA X NANCY CATANIA 6105661776 106 S NEW MIDDLETOWN ROAD MEDIA PA 19063 TIMOTHY M CROW TRUSTEE 1.00 X 0 0 0 EDWIN B MAHONEY TRUSTEE 1.00 X 0 0 0 MICHAEL T PIOTROWICZ TRUSTEE 1.00 X 0 0 0 JOHN W STUCKEY TRUSTEE 2.00 X 0 0 0 LARRY L TURNER TRUSTEE 1.00 X 0 0 0 NICK J DAVEY TRUSTEE 1.00 X 0 0 0 HEATHER HASSEL-FINENGAN TRUSTEE 1.00 X 0 0 0 KEVIN HATCH TRUSTEE/VICE CHAIRMAN 1.00 X X 0 0 0 VINCENT B MANCINI TRUSTEE 3.00 X 0 0 0 CHRISTOPHER SCHELL TRUSTEE 1.00 X 0 0 0 KENNETH WONG TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J MOYER TRUSTEE 1.00 X 0 0 0 JAMES J OBERMEIER TRUSTEE/SECRETARY 1.00 X X 0 0 0 THOMAS J GOEKE TRUSTEE 1.00 X 0 0 0 PRESTON WALKER TRUSTEE 1.00 X 0 0 0 DAVID W WATSON TRUSTEE 1.00 X 0 0 0 ATHUR J LALLO TRUSTEE 2.00 X 0 0 0 WILLIAM J BONENBERGER TRUSTEE/CHAIRMAN 20.00 X X 0 0 0 JOHN LAWTON TRUSTEE/TREASURER 2.00 X X 0 0 0 JOHN HEENAN TRUSTEE 1.00 X 0 0 0 JOHN DINOME TRUSTEE 1.00 X 0 0 0 MICHAEL ROUNDS PRESIDENT 40.00 X 222711 0 153949 TODD ZACHARY PROVOST 40.00 X 151859 0 11154 ARLENE A SNYDER VP ADVANCEMENT 40.00 X 180476 0 13236 NANCY CATANIA CFO 40.00 X 123191 0 9089 MICHELLE WILLIAMS CAO 40.00 X 111806 0 7968 TIMOTHY BROWN VP OPERATIONS 40.00 X 100433 0 7256 890476 0 202652 6 0 1 0 PJ DICK INC 225 NORTH SHORE DRIVE PITTSBURGH PA 15212 CONSTRUCTION 5233637 COMPUTER FORCE 1776 STOUT DRIVE WARMINSTER PA 18974 IT SERVICES 889500 CCO 5912 PENN AVENUE PITTSBURGH PA 15206 LEADERSHIP PROGRAM 361416 MILLER FLOORING COMPANY 827 LINCOLN AVE UNIT 15 WEST CHESTER PA 19380 FLOORING REPLACEMENT 205002 SPIEZLE ARCHITECTURAL GROUP INC 1395 YARDVILLE HAMILTON SQUARE ROAD HAMILTON NJ 08691 ARCHITECTURAL AND CONSULTANT SERVICES 103445 6 2974304 13482080 1272284 16456384 2885492 2885492 13185 0 13185 13185 13185 49604578 44419342 6764 5185236 -6764 5178472 5178472 67681 74368 -6687 -6687 OTHER INCOME 611710 300059 300059 300059 24826905 0 0 8370521 376660 94229 94229 188202 5962239 3901039 1119288 941912 380793 243707 72324 64762 676561 475115 121939 79507 480105 307266 91187 81652 65275 65275 354483 354483 219021 50566 62471 105984 391184 195592 195592 2334220 2023069 247894 63257 379193 328647 40270 10276 INSTRUCTION AND STUDENT 1617878 1617878 MAINTENANCE 1335283 983536 297400 54347 BUILDING MISCELLANEOUS 1187592 432972 611778 142842 ADVANCEMENT 164263 164263 163798 21058 131430 11310 16088548 10674674 3505560 1908314 2910 2440 8968688 12797206 6738343 6213703 75898 74269 87036916 24791241 61696395 62245675 145926746 153139778 18063598 27332918 16709588 18862317 258182166 280668306 1495377 1820886 3743 42079 1057297 1546980 2556417 3409945 X 83370940 89533408 172254809 187724953 255625749 277258361 258182166 280668306 X 8738357 12341614 552641 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 161405438 3948748 19306475 6962776 177697885 146144794 2692008 19480923 6912287 161405438 133536922 4552926 14599578 6544632 146144794 155595034 1515135 -18099036 5474211 133536922 123165952 2734353 35438562 5743833 155595034 0.07090 0.61150 0.31760 1 0 559753 559753 65106581 13665842 51440739 14264514 8302184 5962330 7106068 2823215 4282853 62245675 ALTERNATIVE INVESTMENTS 27332918 F 27332918 CASH VALUE OF LIFE INSURANCE POLICIES 8857 ASSETS RESTRICTED TO FUND ANNUITY OBLIGATIONS 4799705 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 745708 BENEFICIAL INTERESTS IN CHARITABLE REMAINDER TRUST 13255718 OTHER ASSETS; PRESIDENT'S DEFERRED COMPENSATION 52329 18862317 ANNUITY OBLIGATIONS 1546980 1546980 X 37447809 12341614 633773 12975387 24472422 354483 354483 24826905 15815197 81132 81132 15734065 354483 354483 16088548 PART X, LINE 2: THE COLLEGE IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND, THEREFORE, IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAXES ON UNRELATED BUSINESS TAXABLE INCOME; MANAGEMENT DOES NOT BELIEVE THE COLLEGE HAS ANY MATERIAL UNRELATED BUSINESS TAXABLE INCOME. ACCORDINGLY, NO TAX PROVISIONS HAVE BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 6,764. COST OF GOODS SOLD 74,368. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 51,675. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 411,488. CHANGE IN VALUE OF ANNUITY OBLIGATIONS 89,478. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 6,764. COST OF GOODS SOLD 74,368. PART V, LINE 4 ENDOWMENT FUNDS PROVIDE REVENUE TO OPERATE THE COLLEGE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING AND STUDENT RECRUITMENT MEDIA CLEARLY STATE THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL PELL, FEDERAL FSEOG GRANTS, AND STATE GRANT AWARD FUNDING. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL ROUNDS PRESIDENT 222711 0 0 0 0 0 115560 0 38389 0 376660 0 0 0 ARLENE A SNYDER VP ADVANCEMENT 180476 0 0 0 0 0 12618 0 618 0 193712 0 0 0 TODD ZACHARY PROVOST 151859 0 0 0 0 0 10646 0 508 0 163013 0 0 0 PART I, LINE 1A HOUSING, SOCIAL CLUB DUES, AND PERSONAL SERVICES WERE PROVIDED TO MICHAEL J. ROUNDS (PRESIDENT) STRICTLY FOR BUSINESS PURPOSES. THESE AMOUNTS WERE NOT INCLUDED AS TAXABLE COMPENSATION. X 3 1272284 MEAN VALUE OF STOCK 0 1 1 PART I, LINE 32B: LICENSED REAL ESTATE BROKER TO MARKET AND SELL GIFTED REAL ESTATE THAT IS NOT PART OF THE EXISTING COLLEGE CAMPUS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE REVIEWS AND PROVIDES RECOMMENDATION TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, EMPLOYEE AND OTHER INTERESTED PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY 2. HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY 3. HAS AGREED TO COMPLY WITH THE POLICY EACH BOARD MEMBER AND OTHER INTERESTED PERSON SHALL ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT NOTING ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. ALL COMPLETED CONFLICT OF INTEREST ANNUAL DISCLOSURE STATEMENTS ARE RETURNED TO THE CHIEF FINANCIAL OFFICER TO REVIEW AND MONITOR FOR COMPLIANCE WITH THE POLICY. IF A CONFLICT EXISTS, THE BOARD WILL RECOMMEND AN ADEQUATE MECHANISM FOR OVERCOMING THE CONFLICT SUCH AS HAVING THE INDIVIDUAL ABSTAIN FROM DISCUSSION AND VOTE ON ANY TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE AND BOARD OF TRUSTEES EVALUATE AND SET THE PRESIDENT'S COMPENSATION USING VARIOUS METHODS SUCH AS EVALUATION OF SALARY SURVEYS AND MARKET RATES FOR THE INDUSTRY. THESE ACTIONS ARE RECORDED IN THE OFFICIAL MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 51,675. CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 411,488. CHANGE IN VALUE OF ANNUITY OBLIGATIONS 89,478. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.