CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CHESNUT HILL COLLEGE OF THE SISTERS OF ST JOSEPH (EIN 23-1352626)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-12
- IRS object ID
- 201441329349301859
- 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 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) |
|---|---|---|
| Timestamp | 2014-05-12T09:55:32-05:00 | 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 | 231352626 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHESTNUT HILL COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHES | NameControl |
| Phone | 2152487084 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURI STRIMKOVSKY | Name |
| Title | SNR VP, FINANCIAL AFFAIRS | Title |
| Phone | 2152487084 | Phone |
| Date Signed | 2014-05-09 | 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 | LAURI STRIMKOVSKY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 56981009 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CHC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1924 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | PRIVATE LIBERAL ARTS COLLEGE SPONSORED BY THE CONGREGATION OF THE SISTERS OF ST. JOSEPH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 979 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 170132 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -3600 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5024723 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4588727 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 47527136 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 48408620 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 58300 | InvestmentIncomePriorYear |
| Investment Income Current Year | 425492 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 61592 | OtherRevenuePriorYear |
| Other Revenue Current Year | 328765 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 52671751 | TotalRevenuePriorYear |
| Total Revenue Current Year | 53751604 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13563229 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14200797 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17709439 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 17870304 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1430939 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19531563 | OtherExpensePriorYear |
| Other Expenses Current Year | 20372355 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 50804231 | TotalExpensesPriorYear |
| Total Expenses Current Year | 52443456 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1867520 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1308148 | RevenuesLessExpensesCY |
| Total Assets BOY | 67197845 | TotalAssetsBOY |
| Total Assets EOY | 67334128 | TotalAssetsEOY |
| Total Liabilities BOY | 41130769 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 38750203 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 26067076 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28583925 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 43649815 | Expense |
| Grants | 14200797 | Grants |
| Revenue | 48394038 | Revenue |
| Description | 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 2012 SEMESTER WAS 2,301 STUDENTS COMPRISED AS FOLLOWS IN EACH OF THE THREE SCHOOLS OF STUDY: SCHOOL OF UNDERGRADUATE STUDIES = 927; SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES = 641; SCHOOL OF GRADUATE STUDIES = 733. | Description |
| Total Program Service Expense | 43649815 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | 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 | 1 | 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 | 50 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 979 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | 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 | LAURI STRIMKOVSKY SNR VP FINANCIAL AFFAIRS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2152487084 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | Average Hours Per Week RelatedAverageHoursPerWeekRelated |
|---|---|---|---|---|---|---|---|---|---|
| CAROL JEAN VALE SSJ | |||||||||
| PRESIDENT/BOARD MEMBER | 50.00 | X | X | 0 | 0 | 0 | |||
| MARGARET MCCAFFERY | |||||||||
| BOARD CHAIR | 0.50 | X | X | 0 | 0 | 0 | |||
| ANNE P MYERS SSJ | |||||||||
| BOARD VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | |||
| PATRICIA MAY AGGER | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| HARRY BARBIN | |||||||||
| BOARD MEMBER (RES.) | 0.50 | X | 0 | 0 | 0 | ||||
| REGINA BELL SSJ | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| PATRICIA CONNOLLY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| MARY DACEY SSJ | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JOSEPH DENNY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| MICHAEL F DUNLEAVY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| CONSTANCE GILDER SSJ | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| STEVEN J GORDON PHD | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| KENT GRISWOLD PHD | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JACK GULATI | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| GEORGE J HARTNETT | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| STEPHANIE KING | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| MARGARET MCGREAL | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| CATHERINE LOCKYER MOULTON | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| SHAUN F O'MALLEY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JOELLEN PARSONS | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JANET BROWN QUINTAL | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| ROBERT RIETHMILLER JR | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| CATHERINE ROBINSON SSJ | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JACK J SANDOSKI | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| RONALD ZEMNICK | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| CAROL ZINN SSJ | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| FRANK L DAVEY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| STEPHEN GARDNER | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| JAMES B GINTY JD | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| KAREN SPENCER KELLY | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| THOMAS LYNCH RADMUSN | |||||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | ||||
| KATHRYN MILLER SSJ | |||||||||
| BOARD SECRETARY-NON VOTING | 50.00 | X | 0 | 0 | 0 | ||||
| LAURI STRIMKOVSKY | |||||||||
| SNR VP OF FIN AFFAIRS | 50.00 | X | 130629 | 0 | 20418 | ||||
| KENNETH HICKS | |||||||||
| VP INSTITUTIONAL ADVANCEME | 50.00 | 193552 | 0 | 23597 | X | ||||
| KENNETH SOPRANO | |||||||||
| PROFESSOR OF BIOLOGY | 50.00 | 163732 | 0 | 21930 | X | ||||
| LYNN ORTALE | |||||||||
| VP STUDENT LIFE | 50.00 | 110087 | 0 | 37367 | X | ||||
| JOSEPH MICUCCI | |||||||||
| PROFESSOR OF PSYCHOLOGY | 50.00 | 112875 | 0 | 18499 | X | ||||
| STEPHEN GUERRIERO | |||||||||
| VP ACADEMIC AFFAIRS | 50.00 | 129693 | 0 | 19646 | X | ||||
| SCOTT BROWNING | |||||||||
| PROFESSOR OF PSYCHOLOGY | 50.00 | 107865 | 0 | 16800 | X | 0.00 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 948433 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 158257 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | 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 |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICE | |||||
| COMPASS GROUP USA PO BOX 417632 | BOSTON | MA | 022417632 | DINING SERVICES | 2331832 |
| ALLIED BARTON SECURITY | |||||
| 161 WASHINGTON STREET STE 600 | CONSHOHOCKEN | PA | 19428 | SECURITY SERVICES | 1092216 |
| 160OVER90 INC | |||||
| ONE SOUTH BROAD STREET 10TH FLOOR | PHILADELPHIA | PA | 19107 | MARKETING / COMMUNICATION | 859689 |
| ARTHUR JACKSON COMPANY | |||||
| 7025 WEST CHESTER PIKE | UPPER DARBY | PA | 19082 | HOUSEKEEPING SERVICES | 703018 |
| ARAMARK CORPORATION | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | PHYSICAL PLANT SERVICES | 592305 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Fundraising Events | 105416 | FundraisingEvents |
| Government Grants | 1056496 | GovernmentGrants |
| All Other Contributions | 3426815 | AllOtherContributions |
| Noncash Contributions | 271545 | NoncashContributions |
| Total Contributions | 4588727 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 42532809 | 42532809 |
| ROOM AND BOARD | 611600 | 4517031 | 4517031 |
| AUXILIARY FEES | 611600 | 1358780 | 1358780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 48408620 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 240143 | TotalRevenueColumn |
| Exclusion | $240,143 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 95807 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 18034 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 77773 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 77773 | TotalRevenueColumn |
| Unrelated Business Revenue | 49130 | UnrelatedBusinessRevenue |
| Exclusion | $28,643 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3335968 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3150561 | Securities |
| Other | 58 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 185407 | Securities |
| Other | -58 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 185349 | TotalRevenueColumn |
| Exclusion | $185,349 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 37063 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 105416 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 60752 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -23689 | TotalRevenueColumn |
| Exclusion | -$23,689 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 7080 | GrossIncomeGaming |
| Gaming Direct Expenses | 0 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7080 | TotalRevenueColumn |
| Exclusion | $7,080 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| CATERING REVENUE | 722320 | 121002 | 121002 | |
| VENDING MACHINE COMMISSIONS | 611110 | 53252 | $53,252 | |
| PARKING TICKETS AND FEES | 611110 | 34702 | $34,702 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58645 | TotalRevenueColumn |
| Exclusion | $58,645 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 267601 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 53751604 | TotalRevenueColumn |
| Related Or Exempt Function Income | 48408620 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 170132 | UnrelatedBusinessRevenue |
| Exclusion | $584,125 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14200797 | Total |
| Program Services | 14200797 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176709 | Total |
| Management And General | 176709 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14413542 | Total |
| Program Services | 12684092 | ProgramServices |
| Management And General | 1055373 | ManagementAndGeneral |
| Fundraising | 674077 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577769 | Total |
| Program Services | 513141 | ProgramServices |
| Management And General | 37358 | ManagementAndGeneral |
| Fundraising | 27270 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1677737 | Total |
| Program Services | 1393317 | ProgramServices |
| Management And General | 171734 | ManagementAndGeneral |
| Fundraising | 112686 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1024547 | Total |
| Program Services | 892052 | ProgramServices |
| Management And General | 85088 | ManagementAndGeneral |
| Fundraising | 47407 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 726265 | Total |
| Management And General | 726265 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56800 | Total |
| Management And General | 56800 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86436 | Total |
| Management And General | 86436 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52063 | Total |
| Management And General | 52063 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1137716 | Total |
| Program Services | 726896 | ProgramServices |
| Management And General | 134878 | ManagementAndGeneral |
| Fundraising | 275942 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1069823 | Total |
| Program Services | 39414 | ProgramServices |
| Management And General | 1028909 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2069756 | Total |
| Program Services | 994532 | ProgramServices |
| Management And General | 980290 | ManagementAndGeneral |
| Fundraising | 94934 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 596155 | Total |
| Program Services | 525980 | ProgramServices |
| Management And General | 70175 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4238287 | Total |
| Program Services | 3235174 | ProgramServices |
| Management And General | 1003113 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 315808 | Total |
| Program Services | 230894 | ProgramServices |
| Management And General | 48556 | ManagementAndGeneral |
| Fundraising | 36358 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 481581 | Total |
| Program Services | 180018 | ProgramServices |
| Management And General | 153699 | ManagementAndGeneral |
| Fundraising | 147864 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 543683 | Total |
| Program Services | 407762 | ProgramServices |
| Management And General | 135921 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2117581 | Total |
| Program Services | 1588186 | ProgramServices |
| Management And General | 529395 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97316 | Total |
| Program Services | 97316 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| DINING SERVICES | 2573882 | 2252147 | 321735 |
| SECURITY SERVICES | 1468775 | 1101581 | 367194 |
| STUDENT RELATED ACTIVIT | 863570 | 863570 | |
| CONTRIBUTED SERVICES EX | 775308 | 659012 | 116296 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1101550 | Total |
| Program Services | 1063934 | ProgramServices |
| Management And General | 24715 | ManagementAndGeneral |
| Fundraising | 12901 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52443456 | Total |
| Program Services | 43649815 | ProgramServices |
| Management And General | 7362702 | ManagementAndGeneral |
| Fundraising | 1430939 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1114934 | BOY |
| EOY | 481166 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2573931 | BOY |
| EOY | 3420474 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3698395 | BOY |
| EOY | 3656788 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 761354 | BOY |
| EOY | 485674 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 82485748 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32956697 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50586713 | BOY |
| EOY | 49529051 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6663609 | BOY |
| EOY | 7839044 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1505155 | BOY |
| EOY | 1600774 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 293754 | BOY |
| EOY | 321157 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67197845 | BOY |
| EOY | 67334128 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5599021 | BOY |
| EOY | 4961348 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1661351 | BOY |
| EOY | 1575715 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17710000 | BOY |
| EOY | 17225000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12062308 | BOY |
| EOY | 11556325 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4098089 | BOY |
| EOY | 3431815 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41130769 | BOY |
| EOY | 38750203 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16988383 | BOY |
| EOY | 17250612 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3302964 | BOY |
| EOY | 5234881 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5775729 | BOY |
| EOY | 6098432 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26067076 | BOY |
| EOY | 28583925 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67197845 | BOY |
| EOY | 67334128 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1308148 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 452457 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 756244 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $86,436 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 86436 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| 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. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6579362 | BeginningOfYearBalance |
| Contributions | 322703 | Contributions |
| Investment Earnings Or Losses | 532839 | InvestmentEarningsOrLosses |
| End Of Year Balance | 7434904 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6069695 | BeginningOfYearBalance |
| Contributions | 742365 | Contributions |
| Investment Earnings Or Losses | -232698 | InvestmentEarningsOrLosses |
| End Of Year Balance | 6579362 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5185864 | BeginningOfYearBalance |
| Contributions | 77277 | Contributions |
| Investment Earnings Or Losses | 806554 | InvestmentEarningsOrLosses |
| End Of Year Balance | 6069695 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4574186 | BeginningOfYearBalance |
| Contributions | 195120 | Contributions |
| Investment Earnings Or Losses | 416558 | InvestmentEarningsOrLosses |
| End Of Year Balance | 5185864 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4990947 | BeginningOfYearBalance |
| Contributions | 40467 | Contributions |
| Investment Earnings Or Losses | -457228 | InvestmentEarningsOrLosses |
| End Of Year Balance | 4574186 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.82020 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17980 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10506160 | OtherCostOrOtherBasis |
| Book Value | 10506160 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58936103 | OtherCostOrOtherBasis |
| Depreciation | 22841060 | Depreciation |
| Book Value | 36095043 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11159749 | OtherCostOrOtherBasis |
| Depreciation | 9154553 | Depreciation |
| Book Value | 2005196 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1883736 | OtherCostOrOtherBasis |
| Depreciation | 961084 | Depreciation |
| Book Value | 922652 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49529051 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT DEPOSITS AND ADVANCES | $1,036,640 |
| ADVANCES FROM FEDERAL GOVERNMENT - STUDENT LOANS | $599,417 |
| ANNUITIES PAYABLE | $73,218 |
| CURRENT VALUE OF DERIVATIVE INSTRUMENT | $1,323,918 |
| CAPITAL LEASE OBLIGATION | $398,622 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3431815 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 41241948 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 452457 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 455717 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -13444553 | OtherRevenues |
| Revenue Not Rptd F990 | -12536379 | RevenueNotRptdF990 |
| Revenue Subtotal | 53778327 | RevenueSubtotal |
| Investment Expenses Not Included | 52063 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -78786 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -26723 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 53751604 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 38725099 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 455717 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 78786 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 534503 | ExpensesNotRptdF990 |
| Expenses Subtotal | 38190596 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 52063 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 14200797 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 14252860 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 52443456 | 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 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. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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 2011, 2012, AND 2013 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 756,244. SCHOLARSHIPS & GRANTS -14,200,797. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -60,752. RENTAL EXPENSES -18,034. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 60,752. RENTAL EXPENSES 18,034. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS 14,200,797. |
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 | 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 HISPANIC STUDENTS CONSTITUTE 35%, 40.7%, AND 44.3% OF THE TOTAL STUDENT POPULATION, AS MEASURED IN THE FALL OF 2010, 2011, AND 2012, RESPECTIVELY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVED $432,129 IN EDUCATION RELATED GRANTS FROM FEDERAL GOVERNMENT AGENCIES; AND $624,366 FROM STATE GRANTS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FALL GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 64951 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 41636 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 23315 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 600 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 13100 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 18807 | OtherDirectExpensesEvent1 |
| Name Of Event2 | SCHOLARSHIP GALA | NameOfEvent2 |
| Gross Receipts Event2 | 77528 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 63780 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 13748 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 14418 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 675 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 13152 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 142479 | GrossReceiptsTotal |
| Charitable Contributions Total | 105416 | CharitableContributionsTotal |
| Gross Revenue Total Events | 37063 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 600 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 13100 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 14418 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 675 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 31959 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 60752 | DirectExpenseSummaryEvents |
| Net Income Summary | -23689 | 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 | SCHOLARSHIPS AND FELLOWSHIPS | TypeOfGrant |
| Number Of Recipients | 1458 | NumberOfRecipients |
| Amount Of Cash Grant | 14200797 | 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 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Survey | X | CompensationSurvey |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURI STRIMKOVSKY | ||||||||||||||
| SNR VP OF FIN AFFAIRS | 130629 | 0 | 0 | 0 | 0 | 0 | 9797 | 0 | 10621 | 0 | 151047 | 0 | 0 | 0 |
| KENNETH HICKS | ||||||||||||||
| VP INSTITUTIONAL ADVANCEME | 193552 | 0 | 0 | 0 | 0 | 0 | 14066 | 0 | 9531 | 0 | 217149 | 0 | 0 | 0 |
| KENNETH SOPRANO | ||||||||||||||
| PROFESSOR OF BIOLOGY | 163732 | 0 | 0 | 0 | 0 | 0 | 12280 | 0 | 9650 | 0 | 185662 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE COLLEGE RENTS AN APARTMENT NEAR THE COLLEGE IN WHICH THE VICE PRESDIENT FOR STUDENT LIFE, LYNN ORTALE, RESIDES. BECAUSE OF HER POSITION AT THE COLLEGE, THIS IS A CONDITION OF HER EMPLOYMENT. THE COLLEGE PAYS THE RENT DIRECTLY TO THE LANDLORD, AND NO PART OF THE BENEFIT WAS TAXABLE INCOME TO THE INDIVIDUAL. THIS AMOUNT WAS INCLUDED AS A NONTAXABLE BENEFIT UNDER OTHER COMPENSATION. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES A | ||||||||
| A | 232237287 | 71782AAA0 | 2007-03-29 | 10365000 | ADVANCE REFUNDING OF 1999 BONDS - SEE BELOW FOR DETAILS | 1 | 0 | 0 |
| PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES B | ||||||||
| B | 232237287 | 71782AAB8 | 2007-03-29 | 8855000 | PURCHASED LAND AND BUILDINGS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Capital ExpendituresCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 1065000 | 10365000 | 908764 | 150810 | 658 | 2007 | 0 | 1 | 1 | 1 | |
| B | 930000 | 8855000 | 169844 | 562 | 2007 | 0 | 0 | 1 | 1 | 8684594 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs | Engage Bond Counsel ContractsEngageBondCounselContracts |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 | |
| B | 0 | 1 | 1 | 0 | 0.00000 | 0.00010 | 0.00010 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 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 | Business Name Line2NameOfHedgeProvider/BusinessNameLine2 | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO BANK | |||||||||||||
| A | 0 | 0 | 0 | 1 | 1 | 1 | NC | 22.600000000000 | 1 | 0 | 0 | 0 | 1 |
| (no name) | |||||||||||||
| B | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | ||||
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE K PART IV, ARBITRAGE, LINE 2C | DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES A DATE THE REBATE COMPUTATION WAS PERFORMED: 11/27/2012 ISSUER NAME: PHILA AUTHORITY - INDUSTRIAL DEVELOPMENT - SERIES B DATE THE REBATE COMPUTATION WAS PERFORMED: 11/27/2012 |
| SCHEDULE K SUPPLENTAL INFORMATION | 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. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 271545 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | NYSE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 COMPENSATION. 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. 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. EACH REQUEST FOR THE DOCUMENTS WILL BE REVIEWED AND APPROVED BY THE SENIOR VICE PRESIDENT FOR FINANCIAL AFFAIRS ON A CASE-BY-CASE BASIS. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF DERIVATIVE INSTRUMENT 756,244. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONGREGATION OF THE SISTERS OF ST JOSEPH | BusinessNameLine1 |
Address US AddressUS
| 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 | PrimaryActivities |
| Legal Domicile State | PA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 1 | 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 | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TRANSACTIONS BETWEEN RELATED ENTITIES: | Identifier |
| Return Reference | FORM 990, SCHEDULE, PART V | ReturnReference |
| Explanation | THE COLLEGE LEASES ITS MAIN CAMPUS PROPERTY FROM THE CONVENT OF THE SISTERS OF SAINT JOSEPH, CHESTNUT HILL, 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. | Explanation |