2014-04-30T10:27:35-05:00 2013-06-30 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 804 WAYNE AVENUE CHAMBERSBURG PA 17201 990 2012-07-01 251900793 HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY HARR 7179015120 326 MARKET STREET HARRISBURG PA 17101 DUANE F MAUN 7179015120 2014-04-24 1 SCOT E ORNDORFF MEMBER OF THE FIRM P00163971 7172633910 2012 2015-11-30 17:44:51Z X DUANE F MAUN 326 MARKET STREET HARRISBURG PA 17101 11636812 0 X WWW.HARRISBURGU.EDU X 2001 PA THE HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY IS AN INDEPENDENT EDUCATIONAL INSTITUTION OFFERING ACADEMIC AND RESEARCH PROGRAM IN MATHEMATICS, SCIENCE AND TECHNOLOGY DESIGNED TO MEET THE NEEDS OF THE REGION'S YOUTH, WORKFORCE, AND BUSINESSES, AND TO EXPAND, ATTRACT, AND CREATE ECONOMIC OPPORTUNITIES IN THE REGION. 29 23 92 0 0 0 4277138 2380301 7169510 8888716 -52 -184363 103886 114544 11550482 11199198 1442849 2194926 0 0 6086025 5438355 0 0 265158 12011590 12121943 19540464 19755224 -7989982 -8556026 88259444 84021917 84504554 88823053 3754890 -4801136 X THE HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY IS AN INDEPENDENT EDUCATIONAL INSTITUTION OFFERING INNOVATIVE ACADEMIC AND RESEARCH PROGRAMS IN SCIENE AND TECHONOLOGY THAT RESPOND TO THE NEEDS OF THE REGION AND SUPPORT ITS ECONOMIC DEVELOPMENT, PROVIDE EDUCATIONAL OPPORTUNITY FOR TRADITIONALLY UNDERSERVED STUDENTS IN UNBAN ENVIRONMENTS, AND CREATE EVIDENCE-BASED NATIONAL MODELS. 0 0 13512007 2194926 8815800 HARRISBURG UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS IN APPLIED SCIENCE AND TECHNOLOGY FIELDS FOR A DIVERSITY OF STUDENT LEARNERS. BY INTEGRATING EXPERIENTIAL LEARNING WITH BUSINESS MENTORS AND INTERNSHIPS, HARRISBURG UNIVERSITY EDUCATE CAREER-MINDED INDIVIDUALS IN NATIONALLY CRITICAL SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREERS, GIVING THEM THE TOOLS TO SUCCEED IN A 21ST CENTURY KNOWLEDGE-BASED ECONOMY. 13512007 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 111 0 1 92 1 0 0 0 0 0 0 0 0 0 0 X 29 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DUANE F MAUN VP OF FINANCE AND CFO 7179015120 326 MARKET STREET HARRISBURG PA 17101 BENNETT CHOTINER MD 1.00 X 0 0 0 EMILY STOVER DEROCCO 1.00 X 0 0 0 ROBERT J DOLAN 1.00 X 0 0 0 J RANDALL GRESPIN 1.00 X 0 0 0 BARBARA Y GROCE 1.00 X X 0 0 0 STEVEN M HOFFMAN 1.00 X 0 0 0 BRADLEY R JONES 1.00 X X 0 0 0 ROBERT JOYCE 1.00 X 0 0 0 JESSICA E MEYERS 1.00 X X 0 0 0 PAUL NOVARRO 1.00 X 0 0 0 ROBERT A ORTENZIO 1.00 X 0 0 0 ANTHONY A PASCOTTI 1.00 X 0 0 0 MAYUR PATEL 1.00 X 0 0 0 STEPHEN R REED 1.00 X 0 0 0 W GREG ROTHMAN 1.00 X 0 0 0 ROBERT M SCAER 1.00 X X 0 0 0 RUSSEL S SWANGER JR 1.00 X 0 0 0 ALAN D TODD 1.00 X 0 0 0 DAVID S WEIR 1.00 X 0 0 0 R TIMOTHY WESTON 1.00 X 0 0 0 ERIC DARR 40.00 X 223600 0 2118 DUANE MAUN 40.00 X 183200 0 2113 WILLIAM DAVID BURNS 40.00 X 159630 0 1531 CHARLES PALMER 40.00 X 155678 0 2048 ANDREJ PETROSKI 40.00 X 133354 0 0 STEVEN INFANTI 40.00 X 136898 0 1948 BILITA MATTES 40.00 X 134595 0 0 1126955 0 9758 11 0 1 0 RESIDENCES ON MARKET 4902 LOUISE DRIVE MECHANICSBURG PA 17055 STUDENT HOUSING 324350 PROPERTY MANAGEMENT INC PO BOX 622 LEMOYNE PA 17043 PROPERTY MANAGEMENT SERVICES 264912 MARKET VIEW LP 4902 LOUISE DRIVE MECHANICSBURG PA 17055 STUDENT HOUSING 196652 3 1547646 832655 2380301 TUITION AND FEES 611600 7507015 7507015 HOUSING 611600 883494 883494 MISCELLANEOUS 611600 498207 498207 8888716 2223 2223 111447 0 111447 111447 111447 251028 437614 -186586 -186586 -186586 3097 0 3097 3097 11199198 8815800 0 3097 2194926 2194926 406800 74906 258106 73788 4123600 3375135 679494 68971 565816 414699 143334 7783 342139 259965 74702 7472 541442 541442 57100 57100 189061 109148 31144 48769 33581 31610 1971 1958862 1135058 823804 307900 283568 17724 6608 8145 6970 1175 3802384 2541050 1261334 2192785 1484432 708353 150636 150636 PARKING 720128 3720 716408 PROFESSIONAL FEES - OTH 643848 497990 140933 4925 SUB AWARDS 321923 321923 PROFESSIONAL FEES - CON 261279 215880 12899 32500 932869 561027 357500 14342 19755224 13512007 5978059 265158 140555 62513 2374218 720903 315499 407411 131703 79524 197774 194926 73242795 10210319 65072288 63032476 20027407 19524164 88259444 84021917 3009135 5099641 547138 347095 350000 780000 64988765 66561306 434259 474202 15175257 15560809 84504554 88823053 X 1364906 -5522039 2389984 720903 3754890 -4801136 88259444 84021917 -8556026 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 5091 5091 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE UNIVERSITY PAYS TWO LOBBYING FIRMS TO HANDLE OUR LOBBYING EFFORTS. OUR LOBBYING EFFORTS ARE LIMITED TO ACTIVITIES RELATING TO THE PROCUREMENT OF COMPETITIVE GRANTS ON BOTH THE STATE AND FEDERAL LEVEL. 4062768 4062768 64704186 7256108 57448078 96518 7791 88727 3855510 2549071 1306439 523813 397349 126464 63032476 DEBT ISSUANCE COSTS, NET OF AMORTIZATION 392228 SECURITY DEPOSITS 5935 BOND RESERVE FUNDS 4346666 ASSETS HELD FOR SALE 14764527 DEFERRED FINANCING COSTS, NET OF AMORTIZATION 14808 19524164 ACCRUED PAYROLL AND PAYROLL WITHHOLDINGS 277835 TUITION DEPOSITS 62605 DEFERRED DEPOSIT ON SALE OF PROPERTY 14000000 OTHER ACCRUED EXPENSES 1220369 15560809 X 9004272 0 9004272 2194926 2194926 11199198 17560298 0 17560298 2194926 2194926 19755224 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2013, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE UNIVERSITY'S FINANCIAL STATEMENTS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2013. GENERALLY, THE TAX YEARS BEFORE 2009 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID - OFFSET TO REVENUE ON FINANCIAL STATEMENT, EXPENSE ON FORM 990 2,194,926. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID - OFFSET TO REVENUE ON FINANCIAL STATEMENT, EXPENSE ON FORM 990 2,194,926. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION STATEMENTS ARE INCLUDED IN ALL PUBLIC PUBLICATIONS. THE POLICY WAS ALSO PRINTED IN THE HARRISBURG PATRIOT NEWS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 U.S. DEPARTMENT OF EDUCATION FEDERAL WORK STUDY GRANT $ 11,944 CORPORATION FOR NATIONAL & COMMUNITY SERVICES LEARN & SERVE AMERICA 191,739 COMM. OF PA - REDEVELOPMENT ASSISTANCE CAPITAL PROGRAM 308,750 COMM. OF PA - PA ENERGY DEVELOPMENT AUTHORITY PROGRAM 6,007 NATIONAL SCIENCE FOUNDATION 928,804 PA DEPT. OF COMM. & ECON. DEVELOPMENT BIO TECH GRANT 18,766 PHEAA - INSTITUTIONAL ASSISTANCE GRANT 69,088 ENVIRONMENTAL EDUCATION GRANT PROGRAM 12,548 TOTAL GOVERNMENTAL AGENCY ASSISTANCE $ 1,547,646 1 HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY (HUST) INSTITUTIONAL AID 273 2101386 FMV OF TUITION TO HUST SCHOLARSHIPS - VARIOUS OUTSIDE SOURCES 21 93540 FMV OF TUITION TO HUST PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE PROCESS OF AWARDING STUDENT FINANCIAL ASSISTANCE WITHOUT EXCEEDING THE STUDENTS FINANCIAL NEED IS TRADITIONALLY CALLED FINANCIAL AID PACKAGING. NEED IS DEFINED AS THE COST OF ATTENDANCE [COA] (TUITION, FEES, BOOKS, ROOM & BOARD, TRANSPORTATION, AND PERSONAL EXPENSES) MINUS THE EXPECTED FAMILY CONTRIBUTION [EFC] AS DETERMINED BY THE U.S. DEPARTMENT OF EDUCATION NEED ANALYSIS FORMULAE. THE COORDINATION OF INSTITUTIONAL GRANT AID OCCURS SUBSEQUENT TO THE FEDERAL REGULATIONS REQUIREMENT THAT FEDERAL AND STATE GRANT AID AWARDS BE DETERMINED FIRST. A DETERMINATION OF AN INSTITUTIONAL SCHOLARSHIP AWARD IS BASED ON ACADEMIC MERIT (CUMULATIVE GRADE POINT AVERAGE) ACHIEVED IN HIGH SCHOOL OR A PREVIOUS COLLEGE. A DETERMINATION OF AN INSTITUTIONAL GRANT AWARD IS BASED ON REMAINING NEED. A STUDENT MAY RECEIVE BOTH A MERIT AND NEED AWARD. ONE-HALF OF EACH AWARD IS PAID IN EACH OF TWO SEMESTERS, WHICH IS CALLED AN ACADEMIC YEAR. ANNUAL AGGREGATE BUDGET MAXIMUMS ARE ESTABLISHED FOR EACH INSTITUTIONAL AID AWARD TITLE. ACTUAL AWARDS TO STUDENTS ARE MADE BY THE DIRECTOR OF FINANCIAL AID. THE DIRECTOR OF INSTITUTIONAL COMPLIANCE AND THE CHIEF FINANCIAL OFFICER MONITORS THE NUMBER OF, AND AMOUNTS OF, INSTITUTIONAL AID AWARDED TO ENROLLED STUDENTS ON A MONTHLY BASIS THROUGHOUT THE ACADEMIC YEAR. QUARTERLY STUDENT FILE REVIEWS ARE CONDUCTED TO ENSURE THAT ALL FEDERAL, STATE AND INSTITUTIONAL AID AWARDS DO NOT EXCEED THE STUDENTS INITIAL NEED. ANY AWARD DETERMINED TO EXCEED NEED IS ADJUSTED IN THE SUBSEQUENT SEMESTER AS A CORRECTIVE ACTION. AT THE END OF THE ACADEMIC YEAR, A SUMMARY OF THE AWARDS AND EXPENDITURES MADE IS REVIEWED WITH THE VICE PRESIDENT FOR FINANCE AND THE PROVOST SO THAT MERIT OR NEED AID BUDGET ADJUSTMENTS, IF ANY, ARE IN PLACE FOR THE SUBSEQUENT ACADEMIC YEAR. X X 0 0 0 0 0 0 0 0 0 ERIC DARR 202000 0 0 0 21600 0 0 0 2118 0 225718 0 0 0 DUANE MAUN 161600 0 0 0 21600 0 0 0 2113 0 185313 0 0 0 WILLIAM DAVID BURNS 151950 0 0 0 7680 0 0 0 1531 0 161161 0 0 0 CHARLES PALMER 146750 0 0 0 8928 0 0 0 2048 0 157726 0 0 0 A THE HARRISBURG AUTHORITY 236632234 41473XAB5 2007-01-11 60225000 CONSTRUCTION OF A 16-STORY ACADEMIC CENTER WITH PARKING 0 0 0 A 59325766 4826050 8369223 441266 45689227 2009 0 0 1 1 A 0 0 0 0 0.02530 0.00000 0.02530 0 0 0 A 0 0 0 1 0 0 0 0 0 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE HARRISBURG AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/10/2012 SCHEDULE K, PART II, LINE 3 - TOTAL PROCEEDS OF ISSUE RECONCILE ISSUE PRICE TO TOTAL PROCEEDS PRINCIPAL AMOUNT $ 60,225,000 ADD: BORROWER'S CONTRIBUTION 4,141 LESS: UNDERWRITER'S DISCOUNT ( 903,375) TOTAL PROCEEDS OF ISSUE $ 59,325,766 ROBERT ORTENZIO TRUSTEE DEMAND PROMISSORY NOTES FOR OPERATIONS X 475000 475000 0 1 1 J RANDALL GRESPIN TRUSTEE DEMAND PROMISSORY NOTES FOR OPERATIONS X 100000 100000 0 1 1 ANTHONY A PASCOTTI TRUSTEE DEMAND PROMISSORY NOTES FOR OPERATIONS X 75000 75000 0 1 1 ROBERT JOYCE TRUSTEE DEMAND PROMISSORY NOTE FOR OPERATIONS X 30000 30000 0 1 1 R TIMOTHY MARY W WESTON TRUSTEE DEMAND PROMISSORY NOTE FOR OPERATIONS X 25000 25000 0 1 1 STEVEN M HOFFMAN TRUSTEE DEMAND PROMISSORY NOTE FOR OPERATIONS X 25000 25000 0 1 1 G WILLIAM RUHL ESTATE FORMER BOARD MEMBER (DECEASED) DEMAND PROMISSORY NOTE FOR OPERATIONS X 50000 50000 0 1 1 780000 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT RETURN IS PRESENTED TO THE BOARD OF DIRECTORS BEFORE FILING AND THE FINAL RETURN IS DISCUSSED IN A BOARD MEETING PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN A DOCUMENT WHICH COVERS CONFLICTS OF INTEREST. THE MEMBERS ARE REQUIRED TO IDENTIFY POTENTIAL CONFLICTS AND SIGN THE DOCUMENT STATING WHETHER THEY HAVE A CONFLICT. IF AND WHEN CONFLICTS ARISE, BOARD MEMBERS ARE NOT ALLOWED TO PARTICIPATE IN THE DISCUSSION OR VOTING ON THE TRANSACTION TO ENSURE TRANSACTIONS ARE MADE AT ARMS LENGTH. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE (AN ARM OF THE EXECUTIVE COMMITTEE) DETERMINES THE COMPENSATION OF THE PRESIDENT. THE COMMITTEE USES COMPENSATION DATA PRODUCED BY NACUBO AND COMPARISONS OF OTHER INSITITUTIONS AND THEY ATTEMPT TO FACTOR IN THE LACK OF BENEFITS PAID AND THE FACT THERE ARE NO RETIREMENT CONTRIBUTIONS BEING MADE. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OVERSIGHT OF AUDIT PART XII QUESTION 2C THERE HAS BEEN NO CHANGE TO THE ORGANIZATIONS OVERSIGHT FOR THE AUDIT AND SELECTION OF THE AUDITOR.