2013-12-13T11:46:47-06:00 2013-05-31 232932984 PARENTEBEARD LLC 46 PUBLIC SQUARE SUITE 400 WILKESBARRE PA 18701 990 2012-06-01 240795495 UNIVERSITY OF SCRANTON UNIV 5709417411 800 LINDEN STREET SCRANTON PA 18510 EDWARD J STEINMETZ CPA 5709417411 2013-12-01 1 JULIUS GREEN CPA P00350393 5708200100 2012 2016-02-25 16:41:14Z REV KEVIN P QUINN SJ 800 LINDEN STREET SCRANTON PA 18510 271575580 0 X WWW.SCRANTON.EDU X 1888 PA THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY DEDICATED TO EDUCATION. 30 29 3086 661 462121 -286978 9970838 8903696 196043903 201895641 5193368 6043296 1654585 2508978 212862694 219351611 52899802 55710502 0 0 89081913 92032220 42500 42500 3077252 54567048 56441401 196591263 204226623 16271431 15124988 497602727 518602682 216711990 204416675 280890737 314186007 X THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY. IT IS A COMMUNITY DEDICATED TO THE FREEDOM OF INQUIRY AND PERSONAL DEVELOPMENT FUNDAMENTAL TO GROWTH IN WISDOM AND INTEGRITY OF ALL WHO SHARE ITS LIFE. IT OFFERS DEGREE PROGRAMS AT THE UNDERGRADUATE, GRADUATE, PRE-PROFESSIONAL, AND PROFESSIONAL LEVELS. 0 0 113049149 55710502 166550868 HIGHER EDUCATION; STUDENT FINANCIAL AID - TOTAL INSTITUTIONAL FINANCIAL AID AWARDS PROCESSED AND DISBURSED BY THE FINANCIAL AID OFFICE AMOUNTED TO $55,710,502 TO 3,754 RECIPIENTS. ADDITIONALLY, THE FINANCIAL AID OFFICE PROCESSED $81,078,757 OF FINANCIAL AID IN THE FORM OF LOANS TO STUDENTS. DURING THE 2012-2013 ACADEMIC YEAR 5,027 UNDUPLICATED RECIPIENTS RECEIVED SOME FORM OF FINANCIAL AID. LOANS PROVIDED TO STUDENTS AND THEIR PARENTS INCLUDE FEDERAL STAFFORD, PLUS, AND ALTERNATIVE LOANS.HIGHER EDUCATION; INSTRUCTION - PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO 4,041 UNDERGRADUATE AND 1,857 GRADUATE STUDENTS. THERE ARE 61 UNDERGRADUATE MAJOR PROGRAMS, 25 GRADUATE (MASTERS) LEVEL PROGRAMS, ONE DOCTORAL PROGRAM, AND OVER 100 CONTINUING AND PROFESSIONAL EDUCATION PROGRAMS TAUGHT AT THE UNIVERSITY. 32920468 35344773 HIGHER EDUCATION; AUXILIARY SERVICES - PROVIDES DORMITORY AND FOOD SERVICES TO APPROXIMATELY 2,578 RESIDENT STUDENTS AND FOOD SERVICES TO COMMUTER STUDENTS, FACULTY, STAFF AND ADMINISTRATION. 578443 343697 HIGHER EDUCATION, RESEARCH - INCLUDES THE COST ASSOCIATED WITH 5 FEDERAL AND 6 LOCAL AND PRIVATE GRANTS/AWARDS TO PRODUCE RESEARCH COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY. 1835777 0 HIGHER EDUCATION, PUBLIC SERVICE - FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTITUTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THESE EXPENSES DO NOT INCLUDE OVER 170,000 COMMUNITY SERVICE HOURS PROVIDED BY UNIVERSITY STUDENTS. 7272542 1806586 HIGHER EDUCATION; ACADEMIC SUPPORT - INCLUDES EXPENSES APPLICABLE TO AN INTEGRAL PART OF THE UNIVERSITY'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, OR PUBLIC SERVICE THAT ARE NOT CHARGED DIRECTLY TO THESE PROGRAMS. 5691484 0 HIGHER EDUCATION; LIBRARY - EXPENSES INCURRED IN OPERATING AN 80,000 SQ. FT. UNIVERSITY LIBRARY. THE LIBRARY CONTAINS OVER 499,289 VOLUMES, 35,296 FULL-TEXT ONLINE PRINT JOURNALS, AND A MEDIA COLLECTION HOLING 16,257 NON-PRINT ITEMS FOR STUDENT AND GENERAL PUBLIC STUDY AND RESEARCH. 15966782 0 HIGHER EDUCATION; STUDENT SERVICES AND ACTIVITIES - EXPENDITURES OR ACTIVITIES WHOSE PURPOSE IS TO CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND DEVELOPMENT OUTSIDE THE CLASSROOM. 30766585 1806586 177314645 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 8854 0 1 3086 1 1 1 0 0 0 0 1 1 0 0 0 0 X 30 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA AK AZ CO MA NH WA X X ADRIAN J MIHALKO CPA 5709414897 800 LINDEN STREET SCRANTON PA 18510 X WILLIAM J BRADY 2.00 X 0 0 0 CHRISTOPHER M CONDRON 2.00 X X 0 0 0 VINCENT M COOKE SJ 1.00 X 0 0 0 THOMAS J DAVIS 1.00 X 0 0 0 JACQUELYN DIONNE 1.00 X 0 0 0 DONNA M DOHERTY 1.00 X 0 0 0 JAMES DUFFY SJ MD 1.00 X 0 0 0 MARY BETH FARRELL 1.00 X 0 0 0 MATTHEW GEIGER 1.00 X 0 0 0 MARIE A GEORGE PHD 1.00 X 0 0 0 MICHAEL P GLINSKY 1.00 X 0 0 0 OTTO HENTZ SJ 2.00 X 0 0 0 JOSEPH J KADOW ESQ 1.00 X 0 0 0 JAMES J KNIPPER 1.00 X 0 0 0 LAWRENCE LYNCH 1.00 X 0 0 0 GEORGE V LYNETT JR 1.00 X 0 0 0 DENNIS J MCGONIGLE 1.00 X 0 0 0 JAMES F MULLERY JR 1.00 X 0 0 0 JUSTIN B MURPHY 1.00 X 0 0 0 FRANCIS J PEARN 2.00 X X 0 0 0 KEVIN P QUINN PRESIDENT 1.00 X X 9363 0 32525 VICENT F REILLY ESQ 1.00 X 0 0 0 ROBERT E REISER SJ 1.00 X 0 0 0 THOMAS ROACH SJ 1.00 X 0 0 0 KATHLEEN C SANTORA ESQ 1.00 X 0 0 0 TERESA M SCHAFER 1.00 X 0 0 0 JOSEPH SEBASTIANELLI ESQ 1.00 X 0 0 0 PATRICK W SHEA ESQ 1.00 X 0 0 0 JOSEPH L SORBERA JR 1.00 X 0 0 0 JOHN A WALSH 1.00 X 0 0 0 HAROLD W BAILLIE PHD 45.00 X 235177 0 42403 VINCENT CARILLI PHD 45.00 X 168739 0 38440 ROBERT W DAVIS JR 45.00 X 131298 0 35330 PATRICIA A DAY JD 45.00 X 163026 0 24012 JEROME P DESANTO MBA 45.00 X 216996 0 40787 RICHARD G MALLOY SJ 45.00 X 0 0 27521 EDWARD J STEINMETZ CPA 45.00 X 225034 0 39634 GERALD C ZABOSKI 45.00 X 159904 0 35580 ROBERT B FARRELL ESQ 45.00 X 167638 0 16453 BRIAN P CONNIFF PHD 45.00 X 166134 0 37968 JOSEPH H DREISBACH PHD 45.00 X 175604 0 42297 DEBRA A PELLEGRINO EDD 45.00 X 191888 0 25295 KENNETH R LORD PHD 45.00 X 189647 0 38425 MICHAEL O MENSAH PHD 45.00 X 226522 0 42012 WILLIAM J WELSH PHD 45.00 X 158848 0 23464 S KINGSLEY GNANENDRAN PHD 40.00 X 202695 0 34433 NABIL A TAMIMI PHD 40.00 X 188716 0 32821 DOGULAS M BOYLE DBA CPA CMA 40.00 X 180782 0 26110 IORDANIS PETSAS PHD 40.00 X 168107 0 18693 ROBERT L MCKEAGE PHD 40.00 X 164986 0 22736 3491104 0 676939 102 0 1 0 ARAMARK C/O UNIVERSITY OF SCRANTON SCRANTON PA 18510 FOOD SERVICE PROVIDER 11357175 THE QUANDEL GROUP INC 4755 LINGESTOWN ROAD HARRISBURG PA 17112 GENERAL CONTRACTOR 7194811 TIAA-CREFF PO BOX 1259 CHARLOTTE NC 28201 PENSION PLAN PROVIDER 5149945 SORDONI CONSTRUCTION CO 45 OWEN STREET FORTY FORT PA 18704 GENERAL CONTRACTOR 2249607 HEMMLER & CAMAYD ARTHITECTS 409 LACKAWANNA AVE SCRANTON PA 18503 ARCHITECT 814185 40 871572 3248464 4783660 133589 8903696 TUITION AND FEES 611310 166550868 166550868 AUXILIARY ENTERPRISES 721310 35344773 35344773 201895641 2394895 2394895 135065 101191 33874 33874 33874 55551979 51832663 70915 3719316 -70915 3648401 3648401 81900 871572 219200 -137300 -137300 EDUCATIONAL SUPPORT SERVICES 611710 1818956 1818956 CONFERENCES AND SUMMER CAMPS 721214 462121 462121 PRINT SHOP ACTIVITIES 323100 331327 331327 2612404 219351611 204045924 462121 5939870 55710502 55710502 3612994 1955740 1469522 187732 62601416 50675471 10530361 1395584 5262827 4240474 905036 117317 16252740 12943510 3044578 264652 4302243 3386966 811914 103363 187281 187281 152820 152820 94700 94700 42500 42500 535212 535212 1488795 385879 1102916 903624 125481 758662 19481 2434216 1787665 501640 144911 2393251 1477833 876816 38602 3381718 3381718 1088655 1011708 66489 10458 1319378 1051142 226803 41433 7446352 7446352 12861203 11490040 1318960 52203 569128 557137 11991 DIRECT FOOD COSTS 8845991 8845991 REPAIRS AND MAINTENANCE 3969628 3680983 277084 11561 OTHER FOOD SERVICE EXPE 2060839 1769133 211525 80181 BOOKS AND PUBLICATIONS 620398 588605 26617 5176 6088212 4802315 830490 455407 204226623 177314645 23834726 3077252 10981392 14579487 8844021 6136891 5704003 5526126 28400 157 3395665 3369716 3882001 4358566 418381248 137116008 279930462 281265240 101477029 102538145 83359754 100828354 497602727 518602682 33211467 25687095 274497 220151 10647520 10876089 166795000 162135000 5783506 5498340 216711990 204416675 X 186684352 206962960 37007282 48378484 57199103 58844563 280890737 314186007 497602727 518602682 15124988 18170282 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 1849 0 1 94700 96549 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: PT II-B LINE I - THE UNIVERSITY CONTRACTED WITH A CONSULTING GROUP TO REPRESENT ITS INTEREST IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT BOTH THE STATE AND FEDERAL LEVELS. 28700 250373 X X X X USED REGULARLY FOR TEACHING PU 1 118987008 1900638 22018145 2470125 2021742 535212 137878712 129680970 2087049 -7502776 2608868 2131472 537895 118987008 111708996 3903772 22547487 3292671 4386168 800446 129680970 100233075 5829128 13819583 3473969 4087415 611406 111708996 112033967 12169779 -18262708 3310827 1984315 412551 100233345 0.29100 0.41300 0.29600 1 0 20433251 20433251 331501621 100933640 230567981 42558482 28579702 13978780 23887894 7602666 16285228 281265240 SILCHESTER INTERNATIONAL INVESTORS 13257473 F ABS OFFSHORE SPC CLASS B 7641550 F STATE STREET GLOBAL ADVISORS 46699713 F GROSVENOR CAPITAL MANAGEMENT 12768314 F EII GLOBAL PROPERTY FUND 6981179 F MFS INTERNATIONAL GROWTH, LLC 9105803 F MBIA, INC. 29.7 YEAR GIC 4374322 C 100828354 SPLIT INTEREST AGREEMENTS 1580209 PREMIUMS ON UNIVERSITY BONDS 3603905 CAPITAL LEASE OBLIGATIONS 314226 5498340 X 182488566 18170282 606260 18776542 163712024 55639587 55639587 219351611 149193296 -55639587 -55639587 204832883 -606260 -606260 204226623 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. TAX POSITIONS ARE RECOGNIZED OR REVERSED BY THE UNIVERSITY BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED MAY 31, 2010 THROUGH MAY 31, 2013 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE 101,191. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME 219,200. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE 285,869. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION AND FEE REVENUE OFFSET BY INSTITUTIONALLY FUNDED STUDENT AID 55,710,502. DISPOSAL OF FIXED ASSETS NETTED AGAINST EXPENSES -70,915. PART XII, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONALLY FUNDED STUDENT FINANCIAL AID. -55,710,502. DISPOSAL OF FIXED ASSETS NETTED AGAINST EXPENSES 70,915. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM GROSS RENT REVENUE -101,191. FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME -219,200. RECLASSIFICATION OF BOND PREMIUM AMORTIZATION AS A CONTRA-EXPENSE -285,869. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S RACIALLY NONDISCRIMINATION POLICY IS PUBLISHED IN THE STUDENT HANDBOOK, WHICH IS DISTRIBUTED EACH YEAR TO EVERY STUDENT. IT IS INCLUDED IN ALL APPLICATION MATERIALS FOR PROSPECTIVE STUDENTS. THE POLICY IS PUBLISHED ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY IS GOVERNED BY AN INDEPENDENT BOARD OF TRUSTEES AND WELCOMES PERSONS OF ALL RACES AND RELIGIOUS PERSUASIONS AS MEMBERS OF ITS STUDENT BODY, FACULTY, STAFF AND ADMINISTRATION, AND BOARD OF TRUSTEES. THE UNIVERSITY IS AN AFFIRMATIVE ACTION INSTITUTION. AS SUCH, THE UNIVERSITY IS COMMITTED TO EQUAL OPPORTUNITY IN EMPLOYMENT AND EDUCATION WITHOUT REGARD TO RACE, COLOR, RELIGION, ANCESTRY, SEX, AGE, DISABILITY, NATIONAL ORIGIN, OR VETERAN STATUS IN ACCORDANCE WITH APPLICABLE LAWS. (SEE SCHEDULE E, LINE 3 CONTINUATION ON SCHEDULE O) EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES OPERATING FUNDS DESIGNATED BY BOTH FEDERAL AND STATE GOVERNMENT FUNDING AGENCIES FOR SPECIFIC OPERATING PURPOSES. THE UNIVERSITY ALSO RECEIVES FINANCIAL AID FUNDS FOR ITS STUDENTS FROM BOTH FEDERAL AND STATE FUNDING AGENCIES AND ACTS AS THE CUSTODIAN AND DISBURSING AGENT FOR THESE FUNDS. CENTRAL AMERICA 0 0 INVESTMENTS 7641550 0 0 0 0 0 0 7641550 0 7641550 0 0 0 0 0 0 THE UNIVERSITY HAS A FOREIGN INVESTMENT HELD INDIRECTLY THROUGH A DOMESTIC (UNITED STATES) PASS-THROUGH ENTITY. THE DOMICILE OF THIS PASS-THROUGH ENTITY IS IN THE UNITED STATES. X X X X X X X 1 CARLA CAPONE 1501 BROADWAY SUITE 1808 NEW YORK CITY NY 10036 EVENT MANAGEMENT 0 953472 42500 910972 953472 42500 910972 AK AZ CO MA NH PA WA PBC DINNER 953472 871572 81900 152019 6850 60331 953472 871572 81900 152019 6850 60331 219200 -137300 1 UNIVERSITY FUNDED GRANTS/ASSISTANCE 3754 55710502 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL UNIVERSITY STUDENTS ARE CONSIDERED FOR GRANTS AND/OR ASSISTANCE. THE UNIVERSITY'S FINANCIAL AID OFFICE EVALUATES EACH STUDENT'S FINANCIAL NEED BASED UPON INFORMATION PROVIDED ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). FINANCIAL AID OFFICE MANAGEMENT AWARD MERIT SCHOLARSHIPS TO STUDENTS WHO QUALIFY BASED UPON DONOR STIPULATIONS AND AWARD FEDERAL, STATE, AND PRIVATE NEED-BASED AWARDS BASED ON FEDERAL OR OTHER GUIDELINES. STUDENTS RECEIVING AWARDS PROVIDE INFORMATION AND PARTICIPATE IN INTERVIEWS TO ENSURE THAT GUIDELINES AND RESIDENCY RULES AND REGULATIONS ARE MET. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 HAROLD W BAILLIE PHD 235177 0 0 0 0 0 23207 0 19196 0 277580 0 0 0 VINCENT CARILLI PHD 168739 0 0 0 0 0 16541 0 21899 0 207179 0 0 0 ROBERT W DAVIS JR 131298 0 0 0 0 0 13331 0 21999 0 166628 0 0 0 PATRICIA A DAY JD 163026 0 0 0 0 0 15595 0 8417 0 187038 0 0 0 JEROME P DESANTO MBA 216996 0 0 0 0 0 18688 0 22099 0 257783 0 0 0 EDWARD J STEINMETZ CPA 225034 0 0 0 0 0 21744 0 17890 0 264668 0 0 0 GERALD C ZABOSKI 159904 0 0 0 0 0 15890 0 19690 0 195484 0 0 0 ROBERT B FARRELL ESQ 167638 0 0 0 0 0 15987 0 466 0 184091 0 0 0 BRIAN P CONNIFF PHD 166134 0 0 0 0 0 15434 0 22534 0 204102 0 0 0 JOSEPH H DREISBACH PHD 175604 0 0 0 0 0 17753 0 24544 0 217901 0 0 0 DEBRA A PELLEGRINO EDD 191888 0 0 0 0 0 17018 0 8277 0 217183 0 0 0 KENNETH R LORD PHD 189647 0 0 0 0 0 16496 0 21929 0 228072 0 0 0 MICHAEL O MENSAH PHD 226522 0 0 0 0 0 20113 0 21899 0 268534 0 0 0 WILLIAM J WELSH PHD 158848 0 0 0 0 0 15157 0 8307 0 182312 0 0 0 S KINGSLEY GNANENDRAN PHD 202695 0 0 0 0 0 12333 0 22100 0 237128 0 0 0 NABIL A TAMIMI PHD 188716 0 0 0 0 0 10721 0 22100 0 221537 0 0 0 DOGULAS M BOYLE DBA CPA CMA 180782 0 0 0 0 0 12130 0 13980 0 206892 0 0 0 IORDANIS PETSAS PHD 168107 0 0 0 0 0 8253 0 10440 0 186800 0 0 0 ROBERT L MCKEAGE PHD 164986 0 0 0 0 0 10896 0 11840 0 187722 0 0 0 PART I, LINE 1A THE UNIVERSITY PROVIDES ON-CAMPUS HOUSING FOR REV. KEVIN P. QUINN, S.J., PRESIDENT AND REV. RICHARD G. MALLOY, S.J., VICE PRESIDENT FOR UNIVERSITY MINISTRIES. THE ESTIMATED VALUE OF HOUSING IS $15,860 AND $15,000 RESPECTIVELY. THE HOUSING VALUES ARE BASED UPON RESIDENCE HALL RATES CHARGED TO UNIVERSITY STUDENTS. THESE HOUSING VALUES ARE INCLUDED IN THE RESPECTIVE OFFICERS' NON-TAXABLE COMPENSATION DISCLOSED IN PART VII, COLUMN F, OF THE FORM 990. THE UNIVERSITY PAYS FOR INITIATION FEES AND MONTHLY DUES FOR A MEMBERSHIP FOR THE PRESIDENT TO THE SCRANTON COUNTRY CLUB. THE UNIVERSITY ALSO PAYS FOR THE ANNUAL MEMBERSHIP FEES FOR THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT IN HIS ROLE AT THE FOLLOWING SOCIAL CLUBS: PYRAMID CLUB OF PHILADELPHIA, HAMILTON FARM GOLF CLUB OF GLADSTONE, NJ, AND GLENMAURA NATIONAL GOLF CLUB OF MOOSIC, PA. THESE MEMBERSHIPS ARE USED BY SENIOR ADMINISTRATORS TO HOST MEETINGS WITH BUSINESS PARTNERS OF THE UNIVERSITY, BOARD OF TRUSTEES MEMBERS, POTENTIAL DONORS, AND FACULTY AND STAFF. MEMBERSHIP IN THESE CLUBS ALLOWS FOR RECIPROCAL USE OF OTHER RELATED VENUES WITHIN THE UNITED STATES. THESE RECIPROCAL AGREEMENTS ALLOW SENIOR ADMINISTRATION TO HOST QUALITY BUSINESS AND FUNDRAISING EVENTS OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA. PART I, LINE 3 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THE TOTAL COMPENSATION PAID TO THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES, THE PRESIDENT AS TO THE INDIVIDUAL EMPLOYMENT CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. A PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917RCRA 2006-03-02 57524438 CAMPUS CENTER AND REFUNDING 0 0 0 B PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 810694H93 2007-10-12 30479254 CONSTRUCT DORMITORY 0 0 0 C PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917RPW9 2008-04-01 11540071 CURRENT REFUNDING 0 0 0 D CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254AX0 2010-09-09 67855761 SCIENCE BUILDING AND DORMITORY 0 0 0 A 60143859 4374322 24554657 1220097 29994783 2007 0 1 1 1 B 30479254 2793400 695786 26990068 2008 0 0 1 1 C 11540071 11450977 89904 2008 1 0 1 1 D 67855761 568398 67287363 2011 0 0 1 1 A 0 0 1 1 0 1 0 0 B 0 0 0 0 1 0 0 C 0 0 0 0 1 0 0 D 0 0 1 1 0 1 0 0 A 1 0 0 1 MBIA INC 29.666660000000 1 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K SUPPLENTAL INFORMATION PART I, LINE A, COLUMN (F) DESCRIPTION OF PURPOSE: FUNDING OF VARIOUS CAPITAL PROJECTS INCLUDING FINANCING THE DESIGN, CONSTRUCTION, EQUIPMENT, AND FURNISHINGS OF A NEW CAMPUS CENTER. ADVANCE REFUNDING OF SERIES 2000 UNIVERSITY BONDS AND A PARTIAL ADVANCE REFUNDING OF THE SERIES 1997 BONDS. PART I, LINE B, COLUMN (F) DESCRIPTION OF PURPOSE: FINANCING THE CONSTRUCTION OF A NEW SEVEN STORY RESIDENCE HALL. PART I, LINE C, COLUMN (F) DESCRIPTION OF PURPOSE: REFUNDING OF SERIES 2006 C AND SERIES 2006 D DEBT, FUNDING OF CERTAIN CAPITAL EXPENDITURES, AND THE PAYMENT OF A PORTION OF THE COSTS OF ISSUING THE SERIES 2008 BONDS. PART I, LINE D, COLUMN (F) DESCRIPTION OF PURPOSE: FINANCING THE CONSTRUCTION OF A NEW LOYOLA SCIENCE CENTER AND A MULTI-PURPOSE 400-BED RESIDENCE HALL. PATRICIA A DAY JD OFFICER RELOCATION ASSISTANCE X 3000 157 0 1 1 157 X 3 27700 APPRAISAL/RECEIPT X 18 73415 MIDPOINT HIGH/LOW X 1 1000 APPRAISAL X 1 28954 DONOR ESTIMATE/RECEIPT X 1 1520 DONOR ESTIMATE X GIFT CARDS 2 1000 RECEIPT 0 1 0 THIRD PARTY USE: PART I, LINE 32B: THE UNIVERSITY USES THE SERVICES OF A SECURITIES BROKER TO SELL ALL SECURITIES RECEIVED AS CHARITABLE CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT OF THE UNIVERSITY, REV. KEVIN P. QUINN, S.J. AND THE VICE PRESIDENT FOR UNIVERSITY MINISTRIES, REV. RICHARD G. MALLOY, S.J. ARE MEMBERS OF THE SCRANTON JESUIT COMMUNITY AND THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. OTHER CLERGY THAT ARE MEMBERS OF THE BOARD OF TRUSTEES MAY ALSO BE MEMBERS OF THE MARYLAND PROVINCE OF THE SOCIETY OF JESUS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED IN-HOUSE BASED UPON THE AMOUNTS REPORTED IN THE AUDITED FINANCIAL STATEMENTS. THE DRAFT FORM 990 IS COMPLETED BY TREASURER'S OFFICE PERSONNEL AND IS REVIEWED BY INDEPENDENT TAX ADVISORS AND BY THE UNIVERSITY'S SENIOR VICE PRESIDENT (SVP) FOR FINANCE AND ADMINISTRATION BEFORE BEING SENT TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE HAS APPROXIMATELY A ONE-WEEK PERIOD PRIOR TO THE REGULARLY SCHEDULED BOARD MEETING TO COMMENT ON THE DRAFT AND APPROPRIATE REVISIONS ARE MADE BASED UPON THOSE COMMENTS. THE REVISED DRAFT IS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES ON A SECURE UNIVERSITY WEBSITE. AT THE REGULAR BOARD MEETING THE BOARD FORMALLY ADOPTS THE FORM 990 AS FINAL AND AUTHORIZES THE UNIVERSITY'S SVP FOR FINANCE AND ADMINISTRATION TO FILE THE FORM 990 WITH THE IRS. AN IDENTICAL AND SIMULTANEOUS PROCESS IS FOLLOWED TO FILE THE UNIVERSITY'S ANNUAL FORM 990-T. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S SECRETARY TO THE BOARD, WITH THE ASSISTANCE OF THE UNIVERSITY'S INTERNAL AUDITOR, EXPLAINS, AND COLLECTS COMPLETED CONFLICT OF INTEREST STATEMENTS. THE STATEMENTS ARE DISSEMINATED TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, THOSE INVOLVED IN MANAGING FACILITIES AND PROCUREMENT, AND INDIVIDUALS MANAGING GRANT-FUNDED PROJECTS. THESE STATEMENTS ARE REVIEWED BY THE SECRETARY AND TREASURER'S OFFICE PERSONNEL. THE SECRETARY REFERS ANY DISCLOSED POTENTIAL CONFLICTS TO THE UNIVERSITY GENERAL COUNSEL WHO ADVISES THE SECRETARY ON HOW TO ADDRESS POTENTIAL OR ACTUAL CONFLICTS DURING BOARD PROCEEDINGS. THE SECRETARY ATTENDS ALL BOARD MEETINGS WHERE ACTIONS ARE VOTED UPON TO ENSURE THAT INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS REFRAIN FROM 1) PARTICIPATING IN DISCUSSION, 2) BEING PRESENT DURING A VOTE, OR 3) VOTING UPON THE MATTER INVOLVING THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS APPROPRIATE ANALYSES AND STUDIES PREPARED BY THE HUMAN RESOURCES OFFICE OR EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION AND BENEFITS AND STRATEGIES TO ASSURE THEY ARE APPROPRIATE TO ATTRACT AND RETAIN QUALIFIED PERSONNEL FOR SENIOR EXECUTIVE ADMINISTRATIVE POSITIONS. THE COMMITTEE ANNUALLY REVIEWS AND APPROVES COMPENSATION AND BENEFITS FOR SENIOR ADMINISTRATORS AND OFFICERS OF THE UNIVERSITY. THIS REVIEW INCLUDES COMPARABLE MARKET DATA FOR POSITIONS AT OTHER HIGHER EDUCATION INSTITUTIONS. THE COMMITTEE REPORTS TO THE EXECUTIVE COMMITTEE THE TOTAL COMPENSATION PAID THE UNIVERSITY'S PRESIDENT AND VICE PRESIDENTS. THE COMMITTEE REVIEWS THE RECOMMENDATIONS OF, AND ADVISES, THE PRESIDENT AS TO INDIVIDUAL CONTRACTS THAT ARE ABOVE AND BEYOND THE SCOPE OF THE UNIVERSITY'S BASE COMPENSATION AND BENEFITS STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. MUCH OF THIS INFORMATION IS ALSO AVAILABLE IN THE UNIVERSITY'S ANNUAL INFORMATION RETURN ON FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 AND THE OTHER DOCUMENTS NOTED ABOVE ARE AVAILABLE TO THE PUBLIC AT THE UNIVERSITY'S TREASURER'S OFFICE. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ONLINE AT "WWW.GUIDESTAR.ORG." PART VII, LINES 21 AND 36 BOTH THE UNIVERSITY'S PRESIDENT AND ITS VICE PRESIDENT FOR UNIVERSITY MINISTRIES ARE MEMBERS OF THE SOCIETY OF JESUS. MEMBERS OF THE SOCIETY OF JESUS TAKE A VOW OF POVERTY. COMPENSATION FOR THESE UNIVERSITY OFFICER POSITIONS IS PAID DIRECTLY TO THEIR ORDER WHICH IS EXEMPT UNDER SECTION 501(C)(3). UNDER REV. RUL. 77-290 MEMBERS OF A RELIGIOUS ORDER PROVIDING SERVICES TO A CATHOLIC ORGANIZATION WILL BE CONSIDERED FOR TAX PURPOSES TO BE AN AGENT OF THE ORDER PROVIDED; 1) THE RELIGIOUS IS SUBJECT TO A VOW OF POVERTY, 2) THE RELIGIOUS IS PROVIDING SERVICES FOR A CATHOLIC ORGANIZATION LISTED IN THE OFFICIAL CATHOLIC DIRECTORY AT THE DIRECTION OF HIS SUPERIOR AND 3) THE FULL AMOUNT OF COMPENSATION IS REMITTED TO THE TAX EXEMPT ORDER BY THE ORGANIZATION. PART XII, LINE 2C THE AUDIT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES IS APPOINTED BY THE BOARD TO ASSIST THE BOARD IN THE DISCHARGE OF ITS OVERSIGHT RESPONSIBILITIES. THE AUDIT COMMITTEE OVERSEES THE FINANCIAL REPORTING PROCESS TO ENSURE THE BALANCE, TRANSPARENCY AND INTEGRITY OF PUBLISHED FINANCIAL INFORMATION. THE AUDIT COMMITTEE ALSO REVIEWS THE INDEPENDENT AUDIT PROCESS, INCLUDING RECOMMENDING THE APPOINTMENT AND ASSESSING THE PERFORMANCE OF THE EXTERNAL AUDITORS. SCHEDULE E, LINE 3 (CONTINUATION) THE UNIVERSITY VALUES THE BENEFITS OF DIVERSITY. IT IS COMMITTED TO CREATING A COMMUNITY WHICH RECOGNIZES THE INHERENT VALUE AND DIGNITY OF EACH PERSON. AS SUCH, THE UNIVERSITY PROMOTES AND AWARENESS OF AND SENSITIVITY TOWARDS DIFFERENCES OF RACE, GENDER, ETHNICITY, NATIONAL ORIGIN, CULTURE, SEXUAL ORIENTATION, RELIGION, AGE, AND DISABILITIES, AMONG STUDENTS, FACULTY, STAFF AND ADMINISTRATORS. PART VI, LINES 16A & 16B THE UNIVERSITY HAS ENTERED INTO JOINT VENTURE ARRANGEMENTS WITH TWO PRIVATE EDUCATION COMPANIES TO PROVIDE TECHNICAL, RECRUITMENT, AND MARKETING SUPPORT FOR ITS ONLINE MBA AND ONLINE GRADUATE EDUCATION DEGREE PROGRAMS.