2013-05-06T15:32:34-05:00 2012-06-30 232932984 PARENTEBEARD LLC 400 MARKET STREET WILLIAMSPORT PA 17701 990 2011-07-01 451584684 LOCK HAVEN UNIVERSITY STUDENT AUXILIARY SERVICES INC LOCK 5704842337 401 NORTH FAIRVIEW STREET LOCK HAVEN PA 17745 IRA MASEMORE 5704842337 2013-04-23 1 JULIUS C GREEN CPA JD P00350393 5703236023 2013-04-23 2011 2016-02-25 16:41:14Z X IRA MASEMORE 401 NORTH FAIRVIEW STREET LOCK HAVEN PA 17745 2495520 0 X HTTP://WWW.LHUP.EDU X 2011 PA SERVE AS A LIAISON BETWEEN THE STUDENTS AND ADMINISTRATION OF LOCK HAVEN UNIVERSITY. 5 5 0 5 0 0 0 1683601 10452 186448 1880501 0 0 341329 0 0 1449903 1791232 89269 3446678 479241 2967437 THE LOCK HAVEN UNIVERSITY STUDENT AUXILIARY SERVICES IS A PROGRESSIVE GOVERNMENT THAT PLACES STRONG EMPHASIS ON SUPPORTING STUDENTS' RIGHTS AND VALUES. THIS GOVERNMENT ALSO SEARCHES FOR INNOVATIVE SOLUTIONS TO PENDING OBSTACLES. 0 0 1468334 1869958 THE LOCK HAVEN UNIVERSITY STUDENT AUXILIARY SERVICES SUPPORTS A PORTION OF THE LOCK HAVEN UNIVERSITY ATHLETIC PROGRAM AND OPERATES THE UNIVERSITY BOOKSTORE. 1468334 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 PA X STACEY DAVIS BUDGET MANAGER 5704842337 401 NORTH FAIRVIEW STREET LOCK HAVEN PA 17745 X IRA G MASEMORE 1.00 X X 0 0 0 JEANNE NESTLERODE 1.00 X X 0 0 0 ABBY SKRIPKO 3.00 X X 0 0 0 PATRICK JOHNSON 1.00 X 0 0 0 KELSIE MINNICK 1.00 X 0 0 0 JODI SMITH 37.50 X 0 67062 4830 STACEY DAVIS 37.50 X 0 55646 3478 0 122708 8308 0 0 0 0 0 STUDENT ACTIVITY FEES 900099 1612703 1612703 VENDING INCOME 900099 41654 41654 ATHLETIC GATE RECEIPTS 900099 17833 17833 COMMISSIONS INCOME 900099 11411 11411 1683601 20994 20994 10542 -10542 -10542 -10542 782616 604477 178139 178139 CONCERT & MOVIE TICKET 900099 4203 4203 ID CARDS 900099 4015 4015 MISCELLANEOUS 900099 91 91 8309 1880501 1869958 0 10543 253647 253647 6229 6229 65061 65061 16392 16392 39646 39646 7500 7500 3312 3312 1197 1197 5767 5391 376 95077 95077 91347 91347 45562 45562 CLUBS & ORGANIZATIONS 1121614 1121614 REIMBURSEMENTS 10007 10007 USE TAX 8511 8511 MAINTENANCE & REPAIRS 6981 6981 13382 13382 1791232 1468334 322898 0 0 9679 1329314 0 87887 0 319385 0 17346 907104 570890 0 336214 0 1346853 0 3446678 0 213657 0 33955 0 231629 0 479241 X 0 2967437 0 2967437 0 3446678 X 89269 2878168 X X 0 1 1 X 0 X 1612703 1612703 1612703 1612703 1612703 20994 20994 8309 8309 1642006 853514 X 93591 46280 47311 813513 524610 288903 336214 DUE TO/FROM CLUBS & ORGANIZATIONS 143531 POST RETIREMENT BENEFIT OBLIGATIONS 88098 231629 1880501 1791232 89269 -26456 93943 2810681 2878168 2967437 2524093 -26456 93943 565563 633050 1891043 -10542 -10542 1880501 2414183 622951 622951 1791232 0 1791232 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL TAXES ON ITS EXEMPT INCOME UNDER SECTION 501(A) OF THE CODE. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN FISCAL YEAR 2012. PART XI, LINE 8 - OTHER ADJUSTMENTS: TRANSFER FROM AFFILIATE 2,810,681. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTED TO STUDENT COOPERATIVE COUNCIL OF LOCK HAVEN UNIVERSITY 565,563. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT -10,542. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTED TO STUDENT COOPERATIVE COUNCIL OF LOCK HAVEN UNIVERSITY 612,409. LOSS ON SALE OF EQUIPMENT 10,542. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 WAS REVIEWED BY THE BOARD PRESIDENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS OUTLINED IN THE ORGANIZATION'S CONSTITUTION. THE DIRECTOR AND THE BUDGET MANAGER OF THE ORGANIZATION ARE LOCK HAVEN UNIVERSITY EMPLOYEES AND ARE SUBJECT TO THE UNIVERSITY'S COMPENSATION POLICIES AND PROCEDURES. THE DIRECTOR WORKS IN CONJUNCTION WITH THE VP OF STUDENT AFFAIRS OF LOCK HAVEN UNIVERSITY TO REVIEW SALARIES AND MAKE RECOMMENDATIONS REGARDING SALARY CHANGES. SALARY RECOMMENDATIONS ARE PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AS NOTED IN THE ORGANIZATION'S CONSTITUTION, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: COMPENSATION PAID TO OFFICERS DURING 2011 WAS PAID BY STUDENT COOPERATIVE COUNCIL OF LOCK HAVEN UNIVERSITY PRIOR TO ITS DISSOLUTION ON JANUARY 17, 2012. SEE SCHEDULE O NOTE FOR PART XII FOR FURTHER INFORMATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -26,456. DONATED SERVICES AND USE OF FACILITIES: 93,943. TRANSFER FROM AFFILIATE 2,810,681. TOTAL TO FORM 990, PART XI, LINE 5: 2,878,168. FORM 990, PART XII, LINE 2: THE STUDENT COOPERATIVE COUNCIL, INC. OF LOCK HAVEN (SCC) WAS RECOGNIZED BY THE COURTS AS BEING DISSOLVED AS OF 1/17/12. THE UNIVERSITY OF LOCK HAVEN FORMED A NEW ORGANIZATION CALLED STUDENT AUXILIARY SERVICE, INC. (SAS) ON 4/1/11, AND UPON FORMAL DISSOLUTION OF THE SCC IN JANUARY 2012, ALL ASSETS AND LIABILITIES WERE PASSED ON TO THE NEW COMPANY, SAS. AN AUDIT WAS PERFORMED FOR SAS FOR FISCAL YEAR ENDING 6/30/12 WHICH INCLUDED THE BALANCES TRANSFERRED FROM SCC AND ACTIVITY RECORDED BY SCC FOR THE PERIOD OF 7/1/11 TO 1/17/12. FORM 990, PART V, LINES 1 AND 2: THERE WERE NO 1099'S OR W-2'S FILED IN CALENDAR YEAR 2011 UNDER LOCK HAVEN UNIVERSITY STUDENT AUXILIARY SERVICES AS THE ORGANIZATION DID NOT BECOME ACTIVE UNTIL JANUARY 17, 2012.