2013-11-13T11:47:05-07:00 2013-06-30 990 2012-07-01 250965576 THIEL COLLEGE THIE 7245892000 75 College Avenue Greenville PA 16125 Troy VanAken 7245892000 2013-11-10 2012 2015-11-30 17:44:51Z Troy D VanAken 75 College Avenue Greenville PA 16125 34320240 0 X www.thiel.edu X 1866 PA Post secondary undergraduate education 32 32 901 12 0 0 3891962 5369625 23076797 23981566 1808341 1238534 319647 271146 29096747 30860871 1614451 1627637 0 0 11687444 12179666 0 0 671027 15226247 12958351 28528142 26765654 568605 4095217 65968944 72103096 30064764 30171903 35904180 41931193 Post secondary undergraduate education 0 0 22848522 1627637 0 Post secondary undergraduate education 0 0 0 22848522 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1484 0 1 901 1 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X Constance M Jablonski 7245892001 75 College Avenue Greenville PA 16125 Frank Baker 0 0 X 0 0 0 John Barr 0 0 X 0 0 0 Edward A Bartko 0 0 X 0 0 0 Mark Benninghoff 0 0 X 0 0 0 Dr Robert O Blomquist 0 0 X 0 0 0 Dr Robert Burns 0 0 X 0 0 0 Lewis P Carbone 0 0 X 0 0 0 Jason E Chappell 0 0 X 0 0 0 Connie L Danko 0 0 X 0 0 0 Ronald Doerr 0 0 X 0 0 0 George Dufala 0 0 X 0 0 0 Brian Evans 0 0 X 0 0 0 Dr Alan F Fager 0 0 X 0 0 0 John R Frangakis 0 0 X 0 0 0 David Gleason 0 0 X 0 0 0 Dr Fred Haer 0 0 X 0 0 0 Cara Hoehn Lapic 0 0 X 0 0 0 Dr Carl A Hoffman Jr 0 0 X 0 0 0 Robert Holderer 0 0 X 0 0 0 John Hudson 0 0 X 0 0 0 Rick Huether 0 0 X 0 0 0 Dr Charles Inacker 0 0 X 0 0 0 Dr Glen R Johnson 0 0 X 0 0 0 Dr Fred Luchette 0 0 X 0 0 0 Dr Frank Maenpa 0 0 X 0 0 0 Dr James McHugh 0 0 X 0 0 0 Catherine Mott 0 0 X 0 0 0 Barbara Nakles 0 0 X 0 0 0 Barry Oman 0 0 X 0 0 0 Ronald W Owen 0 0 X 0 0 0 Donald R Owrey 0 0 X 0 0 0 Dr James Pedas 0 0 X 0 0 0 Daniel Smail 0 0 X 0 0 0 Susan R Snowden 0 0 X 0 0 0 Dr Barry Stamm 0 0 X 0 0 0 Dr Roy Strausbaugh 0 0 X 0 0 0 Sarah Taylor Rogers 0 0 X 0 0 0 Dr John L Vitale 0 0 X 0 0 0 Miles Wallace 0 0 X 0 0 0 Howard Weyers 0 0 X 0 0 0 Rod E Wilt 0 0 X 0 0 0 Elaine Woloshyn 0 0 X 0 0 0 Dr Lynn Franken 40 0 X 143600 0 24771 David Grober 40 0 X 2885 0 0 Robert Schmoll 40 0 X 34744 0 4911 Samuel Siple 40 0 X 76524 0 10395 Dr Troy VanAken 40 0 X 286518 0 71699 544271 0 111776 2 0 1 0 AVI Foodsystems Inc 2590 Elm Road NE Warren OH 44483 Campus Food Service 2106143 Royall & Company 1920 East Parham Road Richmond VA 232282206 Recruitment Consultant 575342 Renick Brothers Post Office Box 94 434 Grove City Road Slippery Rock PA 16507 Contracting Services 415336 G S Kusich Construction 380 Fredonia Road Greenville PA 16125 Construction Services 405325 McElhinny Brothers 223 East Mercer Street Greenville PA 16125 Construction Services 309565 15 0 0 0 0 830230 4539395 36 5369625 Net tuition and fees 611310 13738652 13738652 0 0 Auxiliary Services 611310 10242914 10242914 0 0 0 0 0 0 23981566 574857 20236 0 554621 0 0 0 0 0 0 0 0 8760 0 2285 0 6475 0 6475 6475 0 0 4099914 0 3436237 0 663677 0 663677 663677 0 0 40760 0 16959 23801 0 23801 15770 3888 11882 11882 0 0 0 0 0 0 0 0 Service charges, fees, other miscellaneous 611310 228988 228988 0 0 0 0 0 0 228988 30860871 24912824 0 578422 X 0 0 1627637 1627637 0 0 0 0 1081140 454702 479734 146704 0 0 0 0 8866698 7941419 656173 269106 393417 334932 45629 12856 1094330 873893 184273 36164 744081 591960 120860 31261 0 0 0 0 26524 0 26524 0 98427 0 98427 0 0 0 0 0 0 0 101236 0 101236 0 3487037 3146140 292490 48407 779234 759140 15709 4385 1850137 1006175 780801 63161 -13839 0 -13839 0 0 0 0 0 1242925 1221444 21481 0 502805 465235 19070 18500 0 0 0 0 0 0 0 0 775417 775417 0 0 0 0 0 0 2607160 2607160 0 0 526840 0 523224 3616 Equipment/Leases 848861 371035 474995 2831 Student Srvices 558783 558689 -117 211 Special Programming 89119 58451 24301 6367 Unrealized (gain) loss on SWAP -649888 0 -649888 0 127573 55093 45022 27458 26765654 22848522 3246105 671027 2100 2100 8477366 11110510 723383 561788 1842202 1648308 0 0 0 0 1700693 1611155 221461 130517 57752 201158 80587476 51126232 28888401 29461244 23766667 27103981 0 0 0 0 0 0 288919 272335 65968944 72103096 2355600 2063801 0 0 330251 340736 0 0 0 0 0 0 19432397 20453950 0 0 7946516 7313416 30064764 30171903 X 7107952 8420529 7312245 9338908 21483983 24171756 35904180 41931193 65968944 72103096 X 4095217 1965193 0 0 0 -33397 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23766667 1215020 3048798 608140 318364 0 27103981 24312991 691133 -2104 629452 605901 0 23766667 20880077 279868 4295430 598726 543658 0 24312991 19676175 340933 2389463 924146 602348 0 20880077 25741999 558031 -4563049 1037435 1023371 0 19676175 0.036 0.892 0.072 1 0 416017 0 416017 64348364 0 39113334 25235030 0 0 0 0 15823095 0 12012898 3810197 0 0 0 0 29461244 0 Conditional Asset Retirement Obligations 3823068 Refundable Advances 1703665 Lease Obligations 552756 Deposits Held in Custody for Others 164122 Interest Rate SWAP Liability 1069805 7313416 X 32691431 1965193 0 0 2285 1967478 30723953 101236 35682 136918 30860871 27314306 0 0 0 0 0 27314306 101236 -649888 -548652 26765654 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Our endowments are used for scholarships and other programs as may be specified by the donor. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The College is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code (the "Code") as an organization described under Section 501(c)(3) of the Code. The College provides for the recognition and measurement of uncertain tax positions. An uncertain tax position should be recognized only if it is "more likely than not" that the position is sustainable based on its technical merits. Recognizable tax positions should then be measured to determine the amount of benefit recognized in the financial statement. The College files U.S. federal, state, and local information returns, and no returns are currently under examination. The statute of limitations on the College's U.S. federal tax returns remains open for the years ended June 30, 2010 through the present. The College continues to evaluate its tax positions pursuant to the principles of such guidance and has determined that there is no material impact on the College's financial statements. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d This is expense related to rental income. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b This is expenses related to golf outings and expenses related to a raffle as well as funds collected to offset these expenses but recorded as a credit to the expense. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b This is the expense related to the market adjustment of two SWAP transactions. 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 Published in local daily newspapers SchE_P01_S00_L06 Schedule E, Part I, Line 6 Many of our students receive aid from Federal programs such as Pell and/or state programs such as PHEAA Blue & Gold Golf Outing 14670 0 14670 0 0 0 6954 0 0 Homecoming Golf Outing 26090 0 26090 0 0 0 10005 0 0 0 40760 0 40760 0 0 0 16959 0 0 16959 23801 0 0 0 0 0 0 0 0 0 0 15770 0 3500 0 388 0 15770 0 3500 0 388 3888 11882 PA 1 0 0 0 1 0 John A Leipheimer 75 College Avenue Greenville PA 16125 0 John A Leipheimer 0 See Schedule G, Part IV, Statement 1 X 0 0 SchG_P03_S00_L17a Schedule G, Part III, Line 17a Oversees sale of raffle tickets, makes certain all tickets and funds are accounted for. Makes certain that all funds are deposited into College account, tracks expenditures. Destroys all unsold tickets. 1 Financial Aid 500 1627637 0 Fair Market Value SchI_P01_S00_L02 Schedule I, Part I, Line 2 This is internally funded financial assistance financed by the earnings of our restricted endowment fund. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dr Troy VanAken 249000 0 30000 0 7518 0 17000 0 54699 0 358217 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President's wife accompanies him when on College business as is necessary. The President is provided with campus-owned housing. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b A copy of the draft Form 990 is made available to the Audit Committee for review and comment. Subsequently, all members of the Board of Trustees are notified and provided access to a complete draft copy of the Form 990 prior to the November board meeting and to the final copy of the Form 990 prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers and trustees must sign an annual disclosure form that identifies any potential conflicts, both personally and by any related third party. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Presidential Review and Compensation Committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Upon written request. F990_P09_S00_L11g Form 990, Part IX, Line 11g Total Expenses Program Services M & G Fundraising Other Fees: Printing 76,377 53,510 2,903 19,964 RA Room Credit 85,600 85,600 Consulting 5,310 5,310 Food Vendor 1,889,423 1,889,423 Outside Services 1,430,327 1,117,607 284,277 28,443 Total 3,487,037 3,146,140 292,490 48,407 F990_P11_S00_L09 Form 990, Part XI, Line 9 This is the expenses related to rental income, revenue and expenses related to golf outings and revenue and expenses related to a fund raising raffle. TPR Development 75 College Avenue Greenville PA 16125 251401400 Natural Gas Well PA 0 0 N/A