GWYNEDD MERCY UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GWYNEDD MERCY UNIVERSITY (EIN 23-1352613)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-25
- IRS object ID
- 201430849349300803
- Schema version
- 2012v2.1
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-25T15:50:20-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232932984 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352613 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GWYNEDD MERCY UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GWYN | NameControl |
| Phone | 2156467300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1325 SUMNEYTOWN PIKE | AddressLine1 |
| City | GWYNEDD VALLEY | City |
| State | PA | State |
| ZIP Code | 19437 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN O'FLAHERTY | Name |
| Title | CFO/VP OF FINANCE & ADMINISTRATION | Title |
| Phone | 2156467300 | Phone |
| Date Signed | 2014-03-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS GREEN CPA | Name |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEVIN O'FLAHERTY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1325 SUMNEYTOWN PIKE | AddressLine1 |
| City | GWYNEDD VALLEY | City |
| State | PA | State |
| ZIP Code | 19437 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 61754000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GMERCYU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1948 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | GWYNEDD-MERCY COLLEGE IS A CATHOLIC COLLEGE FOUNDED AND SPONSORED BY THE SISTERS OF MERCY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1140 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3717000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6213000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 55097000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 53337000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 547000 | InvestmentIncomePriorYear |
| Investment Income Current Year | 156000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 34000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 421000 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 59395000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 60127000 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15853000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15024000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20890000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 23385000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 804000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18100000 | OtherExpensePriorYear |
| Other Expenses Current Year | 17904000 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54843000 | TotalExpensesPriorYear |
| Total Expenses Current Year | 56313000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4552000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3814000 | RevenuesLessExpensesCY |
| Total Assets BOY | 98310000 | TotalAssetsBOY |
| Total Assets EOY | 104587000 | TotalAssetsEOY |
| Total Liabilities BOY | 55811000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 56041000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 42499000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 48546000 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | GWYNEDD-MERCY COLLEGE'S MISSION IS TO CREATE A LEARNING COMMUNITY ROOTED IN GOSPEL VALUES AND RICH IN THE LIBERAL ARTS. IN AN ATMOSPHERE OF INQUIRY AND DIALOGUE, WE SEEK TO COMBINE EDUCATION FOR PROFESSIONAL COMPETENCY WITH THE MERCY TRADITION OF SERVICE TO SOCIETY. WE RECENTLY RECEIVED WORD FROM THE SECRETARY OF EDUCATION IN HARRISBURG THAT WE ARE NOW OFFICIALLY A UNIVERSITY AND WILL REBRAND OURSELVES AS GWYNEDD MERCY UNIVERSITY BRINGING WITH THIS CHANGE NEW ACADEMIC OPPORTUNITIES AND RESPONSIBILITIES AS WE EXPAND OUR CURRICULUM AND ACADEMIC OFFERINGS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 20302000 | Expense |
| Revenue | 47810000 | Revenue |
| Description | EDUCATION OF STUDENTS - AWARDING UNDERGRADUATE AND GRADUATE DEGREES IN NURSING AND ALLIED HEALTH PROFESSIONS, EDUCATION, BUSINESS AND ARTS AND SCIENCES, IN TRADITIONAL AND ACCELERATED FORMATS, BOTH ON GROUND AND ON LINE, WE PROVIDE STUDENTS WITH A QUALITY HIGHER EDUCATION PRODUCING DISTINCTIVE MERCY GRADUATES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 15024000 | Expense |
| Grants | 15024000 | Grants |
| Description | FINANCIAL AID TO STUDENTS - PROVIDING ACCESS TO HIGHER EDUCATION FOR ACADEMICALLY GIFTED AS WELL AS ECONOMICALLY CHALLENGED STUDENTS. 95% OF FULL TIME STUDENTS ATTENDING GWYNEDD-MERCY COLLEGE RECEIVE INSTITUTIONAL SCHOLARSHIP AND GRANTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4978000 | Expense |
| Revenue | 5527000 | Revenue |
| Description | HOUSING AND MEAL SERVICES FOR STUDENTS - PROVIDING LIVING ARRANGEMENTS THAT SUPPORT AND ENHANCE EDUCATIONAL AND SOCIAL EXPERIENCES THUS DEVELOPING IMPORTANT LIFE SKILLS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 40304000 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 58 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1140 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN O'FLAHERTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2156467300 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1325 SUMNEYTOWN PIKE | AddressLine1 |
| City | GWYNEDD VALLEY | City |
| State | PA | State |
| ZIP Code | 19437 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| KATHLEEN OWENS | |||||||
| PRESIDENT | 40.00 | X | X | 310089 | 0 | 26106 | |
| NANCY A DUNLEAVY | |||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| ERNEST BEHR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PETER L DEANGELIS JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY ANN DILLION | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY ANNE FRANCISCO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LINDA GALANTE ESQ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| VIRGINIA HASSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KATHLEEN KEENAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN LEWIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| REGINA LOWRIE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GERALD J MAGINNIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID MALLACH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MERCEDES J MCCANN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARY ANN MCGINLEY-FITZPATRICK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLOTTE O MCKINES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANN O'CONNELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOSEPH J PALMER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FRANK C PALOPOLI | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LAWRENCE J STUARDI | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EILEEN ZARO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BARBARA B MCHALE | |||||||
| SECRETARY (NON BOARD MEMBER) | 40.00 | X | 62368 | 0 | 13547 | ||
| KEVIN O'FLAHERTY | |||||||
| TREASURER | 40.00 | X | 180767 | 0 | 13721 | ||
| CHERYL HORSEY | |||||||
| VP FOR STUDENT SERVICES & ENROLLMENT MANAGEMENT | 40.00 | 135598 | 0 | 15010 | X | ||
| GERALD MCLAUGHLIN | |||||||
| VP FOR INSTITUTIONAL ADVANCEMENT | 40.00 | 135362 | 0 | 11146 | X | ||
| DENISE VANACORE | |||||||
| ASSOCIATE PROFESSOR OF NURSING | 40.00 | 125645 | 0 | 15106 | X | ||
| ANDREA HOLLINGSWORTH | |||||||
| DEAN | 40.00 | 125395 | 0 | 14329 | X | ||
| BARBARA JONES | |||||||
| PROFESSOR OF NURSING | 40.00 | 123691 | 0 | 13661 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1198915 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 122626 | TotalOtherCompensation |
| Number Individuals GT100 K | 17 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TN WARD COMPANY | |||||
| 129 COULTER AVE | ARDMORE | PA | 19003 | CONTRACTOR | 10214444 |
| PARKHURST DINING SERVICES | |||||
| PO BOX 644091 | PITTSBURGH | PA | 152644901 | DINING SERVICES | 1970170 |
| GEARY LSF GROUP | |||||
| 655 MONTGOMERY STREET | SAN FRANCISCO | CA | 94111 | INTERNET MARKETING | 517337 |
| LIMBACH COMPANY LLC | |||||
| 175 TITUS AVE SUITE 100 | WARRINGTON | PA | 18976 | HVAC SERVICES | 333046 |
| WESTLEY INC | |||||
| 8101 WASHINGTON LANE | WYNCOTE | PA | 19095 | CONSTRUCTION | 283399 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
| Fundraising Events | 24000 | FundraisingEvents |
| Related Organizations | 26000 | RelatedOrganizations |
| Government Grants | 4079000 | GovernmentGrants |
| All Other Contributions | 2084000 | AllOtherContributions |
| Total Contributions | 6213000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 47810000 | 47810000 |
| AUXILIARY ENTERPRISES | 611710 | 5527000 | 5527000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 53337000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 559000 | TotalRevenueColumn |
| Exclusion | $559,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15000 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15000 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1182000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1585000 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -403000 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -403000 | TotalRevenueColumn |
| Exclusion | -$403,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 23000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 24000 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 27000 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4000 | TotalRevenueColumn |
| Exclusion | -$4,000 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| FORFEITED DEPOSITS/ED ROOM RENTAL | 900099 | 159000 | $159,000 |
| ATHLETIC EVENTS | 900099 | 159000 | $159,000 |
| PARKING FEES | 900099 | 64000 | $64,000 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43000 | TotalRevenueColumn |
| Exclusion | $43,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 425000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60127000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 53337000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $577,000 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15024000 | Total |
| Program Services | 15024000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1009000 | Total |
| Management And General | 868000 | ManagementAndGeneral |
| Fundraising | 141000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18395000 | Total |
| Program Services | 10030000 | ProgramServices |
| Management And General | 8022000 | ManagementAndGeneral |
| Fundraising | 343000 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 785000 | Total |
| Program Services | 409000 | ProgramServices |
| Management And General | 342000 | ManagementAndGeneral |
| Fundraising | 34000 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1705000 | Total |
| Program Services | 863000 | ProgramServices |
| Management And General | 766000 | ManagementAndGeneral |
| Fundraising | 76000 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1491000 | Total |
| Program Services | 774000 | ProgramServices |
| Management And General | 680000 | ManagementAndGeneral |
| Fundraising | 37000 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37000 | Total |
| Management And General | 37000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125000 | Total |
| Management And General | 125000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107000 | Total |
| Management And General | 107000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4641000 | Total |
| Program Services | 4190000 | ProgramServices |
| Management And General | 403000 | ManagementAndGeneral |
| Fundraising | 48000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1830000 | Total |
| Program Services | 165000 | ProgramServices |
| Management And General | 1665000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1777000 | Total |
| Program Services | 1329000 | ProgramServices |
| Management And General | 422000 | ManagementAndGeneral |
| Fundraising | 26000 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296000 | Total |
| Program Services | 290000 | ProgramServices |
| Management And General | 6000 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2484000 | Total |
| Program Services | 1332000 | ProgramServices |
| Management And General | 1152000 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 512000 | Total |
| Program Services | 434000 | ProgramServices |
| Management And General | 43000 | ManagementAndGeneral |
| Fundraising | 35000 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 808000 | Total |
| Program Services | 808000 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2296000 | Total |
| Program Services | 2296000 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173000 | Total |
| Program Services | 5000 | ProgramServices |
| Management And General | 168000 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| STUDENT ACTIVITIES | 1022000 | 1021000 | 1000 | |
| BOOKS & PUBLICATIONS | 299000 | 295000 | 4000 | |
| ATHLETICS | 285000 | 285000 | ||
| BOND EXPENSES | 245000 | 245000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 967000 | Total |
| Program Services | 509000 | ProgramServices |
| Management And General | 395000 | ManagementAndGeneral |
| Fundraising | 63000 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56313000 | Total |
| Program Services | 40304000 | ProgramServices |
| Management And General | 15205000 | ManagementAndGeneral |
| Fundraising | 804000 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17287000 | BOY |
| EOY | 14506000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3714000 | BOY |
| EOY | 2235000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1664000 | BOY |
| EOY | 1982000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2005000 | BOY |
| EOY | 2316000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 4000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1585000 | BOY |
| EOY | 341000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 92913000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39669000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41678000 | BOY |
| EOY | 53244000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29791000 | BOY |
| EOY | 28981000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 586000 | BOY |
| EOY | 976000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98310000 | BOY |
| EOY | 104587000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4528000 | BOY |
| EOY | 5495000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2708000 | BOY |
| EOY | 2876000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46438000 | BOY |
| EOY | 45523000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2137000 | BOY |
| EOY | 2147000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55811000 | BOY |
| EOY | 56041000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24375000 | BOY |
| EOY | 25767000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7823000 | BOY |
| EOY | 11731000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10301000 | BOY |
| EOY | 11048000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42499000 | BOY |
| EOY | 48546000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98310000 | BOY |
| EOY | 104587000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3814000 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2020000 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 213000 | ReconcilationDonatedServices |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 1 | NumberDAFsHeld |
| Donor Advised Contributions | 1800 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 10000 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 90059 | AggregateDAFValue |
| Disclosed Orgs Legal Control | 0 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 0 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15556000 | BeginningOfYearBalance |
| Contributions | 1100000 | Contributions |
| Investment Earnings Or Losses | 1567000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 281000 | GrantsOrScholarships |
| Other Expenditures | 92000 | OtherExpenditures |
| End Of Year Balance | 17850000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15046000 | BeginningOfYearBalance |
| Contributions | 1061000 | Contributions |
| Investment Earnings Or Losses | -247000 | InvestmentEarningsOrLosses |
| Other Expenditures | 304000 | OtherExpenditures |
| End Of Year Balance | 15556000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12214000 | BeginningOfYearBalance |
| Contributions | 1110000 | Contributions |
| Investment Earnings Or Losses | 2013000 | InvestmentEarningsOrLosses |
| Other Expenditures | 291000 | OtherExpenditures |
| End Of Year Balance | 15046000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7353000 | BeginningOfYearBalance |
| Contributions | 3984000 | Contributions |
| Investment Earnings Or Losses | 1166000 | InvestmentEarningsOrLosses |
| Other Expenditures | 289000 | OtherExpenditures |
| End Of Year Balance | 12214000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.38000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.62000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 62293000 | OtherCostOrOtherBasis |
| Depreciation | 27631000 | Depreciation |
| Book Value | 34662000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3982000 | OtherCostOrOtherBasis |
| Depreciation | 2741000 | Depreciation |
| Book Value | 1241000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9019000 | OtherCostOrOtherBasis |
| Depreciation | 7221000 | Depreciation |
| Book Value | 1798000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17619000 | OtherCostOrOtherBasis |
| Depreciation | 2076000 | Depreciation |
| Book Value | 15543000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 53244000 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEDERAL GOVERNMENT INVESTMENT - LOAN PROGRAM | Description |
| Amount | $2,147,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2147000 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 47271000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2020000 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 213000 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -15024000 | OtherRevenues |
| Revenue Not Rptd F990 | -12791000 | RevenueNotRptdF990 |
| Revenue Subtotal | 60062000 | RevenueSubtotal |
| Investment Expenses Not Included | 107000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -42000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 65000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 60127000 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41224000 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 42000 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 42000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41182000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 107000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 15024000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15131000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 56313000 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE MISSION OF THE ORGANIZATION SPECIFICALLY FOR STUDENT SCHOLARSHIPS AND PROGRAMS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE COLLEGE FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE COLLEGE'S FEDERAL EXEMPT ORGANIZATION INCOME TAX RETURNS FOR 2012, 2011, AND 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT AID -15,024,000. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -27,000. RENTAL EXPENSES -15,000. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 27,000. RENTAL EXPENSES 15,000. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 15,024,000. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | A STATEMENT OF THE COLLEGE'S NONDISCRIMINATION POLICY IS INCLUDED IN ALL COLLEGE RECRUITING MATERIALS, ON ITS WEB SITE AND IN ALL PUBLISHED ADVERTISEMENTS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | PA INSTITUTIONAL ASSISTANCE GRANT |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 47000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 24000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 23000 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 1000 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 25000 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1000 | EntertainmentEvent1 |
| Gross Receipts Total | 47000 | GrossReceiptsTotal |
| Charitable Contributions Total | 24000 | CharitableContributionsTotal |
| Gross Revenue Total Events | 23000 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 1000 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 25000 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1000 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 27000 | DirectExpenseSummaryEvents |
| Net Income Summary | -4000 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT AID | TypeOfGrant |
| Number Of Recipients | 1845 | NumberOfRecipients |
| Amount Of Cash Grant | 15024000 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE COLLEGE OFFICE OF STUDENT FINANCIAL AID PROVIDES SCHOLARSHIP AND GRANTS TO STUDENTS IN ACCORDANCE WITH COLLEGE POLICIES AND DONOR GUIDELINES. THE COLLEGE ALSO MAINTAINS COMPREHENSIVE RECORD OF THE SAME. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KATHLEEN OWENS | ||||||||||||||
| PRESIDENT | 265289 | 0 | 0 | 0 | 44800 | 0 | 18582 | 0 | 7524 | 0 | 336195 | 0 | 0 | 0 |
| KEVIN O'FLAHERTY | ||||||||||||||
| TREASURER | 180767 | 0 | 0 | 0 | 0 | 0 | 12612 | 0 | 1109 | 0 | 194488 | 0 | 0 | 0 |
| CHERYL HORSEY | ||||||||||||||
| VP FOR STUDENT SERVICES & ENROLLMENT | 135598 | 0 | 0 | 0 | 0 | 0 | 9558 | 0 | 5452 | 0 | 150608 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | TRAVEL FOR SPOUSE - KATHLEEN OWENS, PRESIDENT, NOT INCLUDED IN TAXABLE COMPENSATION. SPOUSE IS A REPRESENTATIVE OF THE COLLEGE. HOUSING ALLOWANCE - KATHLEEN OWENS, PRESIDENT, INCLUDED $32,500 IN TAXABLE COMPENSATION. HEALTH CLUB DUES - KATHLEEN OWENS, PRESIDENT, INCLUDED $4,400 IN TAXABLE COMPENSATION. SOCIAL CLUB DUES - KATHLEEN OWENS, PRESIDENT, NOT INCLUDED IN TAXABLE COMPENSATION. ALL USE OF THE SOCIAL CLUB IS BUSINESS RELATED. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| PA HIGHER EDUCATION FACILITIES AUTHORITY | |||||||
| A | 70917RMF9 | 2007-07-26 | 19900000 | REFINANCE & CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
| PA HIGHER EDUCATION FACILITIES AUTHORITY | |||||||
| B | 700917RKU | 2007-07-26 | 18680000 | REFINANCE | 0 | 0 | 0 |
| PA HIGHER EDUCATION FACILITIES AUTHORITY | |||||||
| C | 700917RSL | 2012-05-10 | 10000000 | 0 | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount RetiredAmountRetired | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 19913134 | 1611954 | 358000 | 776335 | 5811290 | 11954979 | 2010 | 0 | 1 | 1 | 1 | ||
| B | 18524109 | 1571674 | 582186 | 16345234 | 2008 | 0 | 1 | 1 | 1 | 1530000 | |||
| C | 9939185 | 1000095 | 141215 | 5058631 | 0 | 0 | 0 | 1 | 3922560 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
| C | 1 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART II LINE 3 | PROCEEDS DO NOT AGREE TO ISSUE PRICE DIFFERENCE REPRESENTS PREMIUM/DISCOUNT ON ISSUE |
| SCHEDULE K, PART II LINE 11 | OTHER SPENT PROCEEDS REPRESENTS REFINANCING OF PREVIOUSLY EXISTING BONDS |
| SCHEDULE K, PART IV LINE 7 | THE COLLEGE PLANS TO ESTABLISH WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148 BY JUNE 30TH, 2014. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PAGE 1, BOX C, NAME OF ORGANIZATION: | GWYNEDD MERCY RECEIVED ITS UNIVERSITY STATUS FROM THE SECRETARY OF EDUCATION IN HARRISBURG AND IS NOW KNOWN AS GWYNEDD MERCY UNIVERSITY. THIS NAME CHANGE WAS REPORTED TO THE IRS ON OCTOBER 23, 2013 AND THE IRS RECOGNIZES THE NEW NAME AS OF JANUARY 6, 2014. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIR OF THE BOARD, THE PRESIDENT, THE VICE CHAIR, ONE OR MORE BOARD COMMITTEE CHAIRS AMD ONE OR MORE MEMBERS AT LARGE. THE EXECUTIVE COMMITTEE SHALL INCLUDE AT LEAST TWO SISTERS OF MERCY. THE EXECUTIVE COMMITTEE SHALL TAKE ACTION BETWEEN BOARD MEETINGS CONSISTENT WITH EXISTING BOARD POLICY AND FURTHER SUBJECT TO SUCH LIMITATIONS UPON ITS AUTHORITY AS THE BOARD OF TRUSTEES MAY, FROM TIME TO TIME, IMPOSE. |
| FORM 990, PART VI, SECTION A, LINE 4 | GWYNEDD-MERCY COLLEGE HAS CHANGED ITS NAME TO GWYNEDD MERCY UNIVERSITY IN ITS BYLAWS SINCE THE PRIOR FORM 990 WAS FILED. |
| FORM 990, PART VI, SECTION A, LINE 6 | BOARD MEMBERS ARE ALL OF THE SAME CLASS. ONE-FOURTH OF THE BOARD OF TRUSTEES SHALL AT ALL TIMES BE PERPETUALLY PROFESSED MEMBERS OF THE SISTERS OF MERCY. |
| FORM 990, PART VI, SECTION A, LINE 7A | BOARD MEMBERS ARE APPROVED BY TRUSTEES AND ULTIMATE APPROVAL IN THE FORMAL ELECTION GOES TO THE CONFERENCE FOR MERCY HIGHER EDUCATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE CONFERENCE FOR MERCY HIGHER EDUCATION HAS RESERVED POWERS SUCH AS APPROVAL TO CHANGE THE MISSION OR APPOINT NEW TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD'S FINANCE AND AUDIT COMMITTEE REVIEWS THE FORM 990 AT THEIR MEETING AND THEN PRESENT COMMENTS IN THE APPROVAL AT A FOLLOWING BOARD MEETING. BOARD MEMBERS HAVE ACCESS TO A SECURED WEBSITE TO REVIEW THE FORM 990 PRIOR TO THE DISCUSSION AT THE MARCH BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES DISCLOSE AND SIGN OFF ON ANY CONFLICTS OF INTEREST ON AN ANNUAL CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HAS DESIGNED A PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO. THE PROCESS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE EXECUTIVE COMMITTEE REQUESTED AND RECEIVED A LETTER OF SUBSTANTIATION FROM THE COLLEGE'S ATTORNEY IN SUPPORT OF THE PROCESS AND THE TERMS OF THE COMPENSATION. ALL INFORMATION AND DOCUMENTS WERE SHARED WITH THE BOARD IN AN EXECUTIVE SESSION. COMPENSATION TO OTHER KEY EMPLOYEES IS REVIEWED BY THE BOARD CHAIR. THE PROCESS FOR THE CEO WAS LAST COMPLETED IN 2010 AND WAS DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE FOR MERCY HIGHER EDUCATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8630 FENTON STREET SUITE 934 | AddressLine1 |
| City | SILVER SPRINGS | City |
| State | MD | State |
| ZIP Code | 20910 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431973007 | EIN |
| Primary Activities | RELIGIOUS SPONSOR OF THE ORGANIZATION | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 9 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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