2013-05-15T08:56:03-07:00 2012-06-30 990 2011-07-01 231352655 LINCOLN UNIVERSITY LINC 4843658000 1570 Baltimore Pike PO Box 179 LINCOLN UNIVERSITY PA 19352 Charles Gradowski 4843658049 2013-05-15 2011 2016-02-24 21:20:13Z Charles Gradowski 1570 Baltimore Pike PO Box 179 Lincoln University PA 19352 56443627 0 X WWW.LINCOLN.EDU X University 1854 PA Lincoln University is a premier, Historically Black University that combines the best elements of a liberal arts and sciences -based undergraduate core curriculum, and selected graduate programs to meet the needs of those living in a highly technological and global society. 38 35 1157 0 27987 27987 15308897 12750914 42371102 42441412 507600 508760 873527 742541 59061126 56443627 0 0 0 0 34149184 33639277 0 0 893878 27540988 23757764 61690172 57397041 -2629046 -953414 230673197 251179091 46870027 43220002 183803170 207959089 Lincoln University is a premier, Historically Black University that combines the best elements of a liberal arts and sciences -based undergraduate core curriculum, and selected graduate programs to meet the needs of those living in a highly technological and global society. 0 0 44642835 0 42441412 Education, General/Other: Academic support, student services and scholarships. These programs provide general support to students for housing, financial aid, counseling, health insurance and student government, instruction and library, auxiliary enterprises, the cost of student housing and meals, research and sponsored programs primarily consisting of grants funded by federal, state and local governments to support the University's instructional mission. 0 0 0 44642835 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 157 0 1 1157 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 38 35 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X X Charles Gradowski 4843658049 1570 Baltimore Pike PO Box 179 LINCOLN UNIVERSITY PA 19352 ROBERT L ARCHIE 0 X 0 0 0 TOKUNBO ASHOROBI 0 X 0 0 0 DOYLE N BENEBY 0 X 0 0 0 HOWARD H BROWN 0 X 0 0 0 WARREN R COLBERT SR 0 X 0 0 0 DENNIS E COOK 0 X 0 0 0 HONORABLE TOM CORBETT 0 X 0 0 0 REVEREND CHARLES A COVERDALE 0 X 0 0 0 VERNON DAVIS 0 X 0 0 0 TERRI DEAN 0 X 0 0 0 CARL E DICKERSON 0 X 0 0 0 BISHOP DAVID G EVANS 0 X 0 0 0 TAMMY EVANS COLQUITT 0 X 0 0 0 HONORABLE LEVAN GORDON 0 X 0 0 0 KATHLEEN J BUTLER HAYES 0 X 0 0 0 LEONARD HILL ESQ 0 X 0 0 0 REV DR KEVIN R JOHNSON 0 X 0 0 0 JOHN JOHNSTON III 0 X 0 0 0 CHARLES KEATES 0 X 0 0 0 SHARMON F LAWRENCE WILSON 0 X 0 0 0 DR DONNA M LAWS 0 X 0 0 0 KIMBERLY A LLOYD 0 X 0 0 0 GARY A MICHELSON 0 X 0 0 0 GREGORY P MONTANARO 0 X 0 0 0 DR ROBERT R JENNINGS 37.5 X 0 0 0 DONALD C NOTICE 0 X 0 0 0 HONORABLE CHERELLE PARKER 0 X 0 0 0 HONORABLE ROBERT F POWELSON 0 X 0 0 0 DR AJAY RAJU 0 X 0 0 0 HONORABLE SPENCER B SEATON 0 X 0 0 0 DR GUY A SIMS 0 X 0 0 0 HONORABLE RUTH E SHILLINGFORD 0 X 0 0 0 DWIGHT S TAYLOR 0 X 0 0 0 HONORABLE W CURTIS THOMAS 0 X 0 0 0 HONORABLE RONALD J TOMALIS 0 X 0 0 0 KEVIN E VAUGHAN 0 X 0 0 0 RICHARD A WHITE 0 X 0 0 0 SHERMAN WOODEN 0 X 0 0 0 DR DEBBIE BULLOCK 37.5 X 97227 0 9722 ANDRE DIXON 37.5 X 75332 0 7533 MICHAEL HILL 37.5 X 163639 0 28020 JAMES LEWIS 37.5 X 101617 0 10161 HOWARD MERLIN 37.5 X 141459 0 16096 DR IVORY V NELSON 37.5 X 250908 0 42592 FREDERICK C WALTON 37.5 X 101840 0 10184 DR RENFORD BREVETT 37.5 X 122230 0 12223 DR WILLIAM DADSON 37.5 X 119688 0 11968 DR LINDA STINE 37.5 X 121462 0 12146 DR DERRICK SWINTON 37.5 X 143587 0 10074 DR LYNN ROBERTS 37.5 X 120778 0 12077 1559767 0 182796 34 0 1 0 Thompson Hospitality 505 Huntmar Park Dr Suite 350 Herndon VA 20170 Food Service Provider 3672290 Bancroft Construction Number 44 Bancroft Mills Wilmington DE 19806 Construction Project Management Company 727567 Weidenhammer Systems Corporation 935 Berkshire Blvd Wyomissing PA 19610 IT Vender/Consulting 689627 Follett Higher Education Group 1818 Swift Dr Oak Brook IL 605239851 Book Store Provider 676813 S & R Management Inc 14 Hadco Rd Wilmington DE 19804 Maintenance Contracting Firm 487269 36 0 0 0 0 10605000 2145914 0 12750914 Tuition and Fees 611310 23321425 23321425 0 0 Room and Board 611310 13523990 13496003 27987 0 Contracts and Sponsored Activities 611310 5595997 5595997 0 0 0 0 0 0 42441412 508760 508760 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 742541 742541 0 0 742541 56443627 43664726 27987 0 821207 181128 353151 286928 24697013 19404581 4986666 305766 2074716 1533125 493573 48018 3956982 3057984 910688 -11690 2089359 1605266 443450 40643 392733 0 392733 0 175000 0 175000 0 34942 0 0 34942 2550175 1618917 887323 43935 45414 34836 6055 4523 3252402 2181686 1002044 68672 1189994 594997 594997 0 0 0 0 0 7588174 5121871 2465574 729 978025 827513 111796 38716 0 0 0 0 55464 36459 13055 5950 1792182 1792182 0 0 0 0 0 0 4270796 4270796 0 0 200036 200036 0 0 Bad Debt 355248 355248 0 0 Scholarships 1516569 1516569 0 0 Miscellaneous -639390 309641 -975777 26746 57397041 44642835 11860328 893878 16932839 15849865 4400111 2989252 433211 569919 1116899 1118614 210281 204418 25247 68714 262836497 65252921 174206227 197583576 26413009 26080059 2650912 2674280 4284461 4040394 230673197 251179091 6830263 4560285 193133 102881 28385468 27961649 662 0 11460501 10595187 46870027 43220002 X 35822125 40143554 132190074 152132298 15790971 15683237 183803170 207959089 230673197 251179091 X -953414 25109333 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 34942 0 0 34942 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The University's lobbying activities are solely directed to protecting its State assistance money which is determined by legislative acts. As a State Related Institution, the University receives a substantial portion of its operating and capital funds from the State. These funds are allocated to the University by specific legislation. All of the University's lobbying expenses are for activities concerning that legilstion only. 0 0 X X X 0 33879181 239384 3177736 647160 0 88661 36560480 29192426 194262 5021052 434000 0 94559 33879181 26670985 258086 2876286 551000 0 61931 29192426 31901542 249873 -4869224 555000 0 56206 26670985 0.018 0.556 0.426 1 0 0 906161 906161 0 73595262 27032589 46562673 0 169213250 24759055 144454195 0 19121824 13461277 5660547 0 0 0 0 197583576 26080059 F 26080059 0 Bonds Payable 2004B 7260000 Asset Retirement Obligation 1550000 Government Advances to Students 1180010 Security Deposits 605177 10595187 56443627 57397041 -953414 -244802 0 0 0 25354135 25109333 24155919 88001990 0 0 0 31558363 31558363 56443627 0 0 0 56443627 63846071 0 0 0 6449030 6449030 57397041 0 0 0 57397041 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The University maintains collections of art and literature. The collections, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed items are not reflected on the financial statements. Proceeds from the deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The organizations collections are made up of artifacts of historical significance, scientific specimens and art objects that are held for educational, research, scientific and curatorial purposes. Each of the items is catalogued, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The organizations collections are made up of artifacts of historical significance, scientific specimens and art objects that are held for educational, research, scientific and curatorial purposes. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Primarily scholarships for undergraduate students attending the University. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Other revenue not included in schedule VIII includes State contributions for capital projects of $31,558,363. Other expense not included in schedule IX includes depreciation of state contributed assets of $6,204,228 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d State contributions for capital projects not included on part XIII Line 12 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Total Expenses shown on Form 990 Part 1 Line 18 do not include $6,204,228 depreciation of state contributed assets and $244,802 realized and unrealized losses from investments 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The University's racial nondiscriminatory policy is publicized in the student handbook and is highlighted in its media advertisements. SchE_P01_S00_L06 Schedule E, Part I, Line 6 As a state-related university, the organization receives legislated direct financial assistance from the Commonwealth of Pennsylvania. In addition, the University's students receive state and federal aid that is paid to the University for tuition and related expenses. Student financial aid is in the form of federal Pell, SEOG, ACG and other grants, Commonwealth grants and various federal loans. X X X X 1 0 X X X 1 0 0 0 0 0 0 0 0 DR IVORY V NELSON 250908 0 0 0 0 0 24473 0 46660 0 322041 0 0 0 MICHAEL HILL 163639 0 0 0 0 0 16950 0 11070 0 191659 0 0 0 HOWARD MERLIN 141459 0 0 0 0 0 13965 0 2131 0 157555 0 0 0 DR DERRICK SWINTON 143587 0 0 0 0 0 10074 0 10157 0 163818 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President is required by contract to reside on campus. The President's residence is also used for various University and Board of Trustee functions. The University provides for premises housekeeping and maintenance. University policy allows for very limited travel expenses for companions. All presidential travel and other expenses are reviewed yearly by the Audit Committee of the Board of Trustees. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Employment of the President is initiated by the Board of Trustees. The Evaluation Committee of the Board reviews the President's performance and compensation and reports to the full Board. The Committee recommends any adjustment to the President's compensation through a resolution that the full Board discusses and votes on. All Board Resolutions are public information and are posted on the University's web page. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Effective January 2012, Robert Jennings was hired as the new President of Lincoln University. Ivory Nelson (The Previous President) was paid for all unused vacation earned during his term as President (Occured in first quarter of 2012.) Additionaly, he was granted 3 months of medical insurance coverage (Through the first quarter of 2012.) Also effective January 2012, Howard Merlin (VP of Fiscal Affairs) and Michael Hill (VP Advancement and Provost) were terminated from employment with the University and granted 6 months wages in severence along with 6 months of health insurance. Pennsylvania Economic Development Financing Authority 70869PDP9 2004-06-10 40140000 Contruct/Equip 400 bed residence hall, oth cap project, pay capital 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 X 1 402200 Appraisal 1 0 0 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Gifts of stock are liquidated by a third party SchM_P01_S00_L33 Schedule M, Part I, Line 33 The University maintains collections of art and literature. The collections, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed items are not reflected on the financial statements. Proceeds from the deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The Commonwealth of Pennsylvania appoints the following voting board members: The Governor appoints five members including him or herself; the Senate appoints four members and the House of Representatives appoints four members. The University Alumni Association also nominates six board members. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is provided electronically to the full board prior to filing. The form 990 is also posted on the University's website. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Audit Committee monitors and tracks compliance with the University's By-Laws Conflict of Interest Statement. The issuance and collection of the yearly statements is coordinated through the University's Internal Audit Department which reports to the Committee. The chair of the board and the chair of the audit committee are provided with copies of all statements. Enforcement of policy and oversight of any reported conflicts are adjudicated by the two chairs. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board sets and approves the President's compensation. All other employees' compensation is administered by the University's Human Resources Department through the University's budget process. The Board and various Board Committees are provided the University's yearly operating and capital budget details, which are reviewed and approved by a Board Resolution. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The university posts the following governing documents on its public web page: University By-Laws, University Policies, all passed Board of Trustees Resolutions, Board of Trustees meeting minutes, a listing of Board members and committee assignments, a listing of the twenty five highest paid employees, the Minutes of the Presidents cabinet meetings, and the University's form 990. F990_P11_S00_L05 Form 990, Part XI, Line 5 Non operating items not included in Schedule VIII and IX are: State contributions for capital projects $31,558,363, Realized and unrealized loss ($244,802), and Depreciation of State contributed assets ($6,204,228.)