2013-05-14T12:14:29-05:00 2012-06-30 861065772 DELOITTE TAX LLP 2500 ONE PPG PLACE PITTSBURGH PA 152225401 990 2011-07-01 250965212 ALLEGHENY COLLEGE ALLE 8143324788 520 NORTH MAIN STREET MEADVILLE PA 16335 JAMES H MULLEN JR 8143324788 2013-05-13 1 4123387200 2011 2016-02-24 21:20:13Z JAMES H MULLEN JR 520 NORTH MAIN STREET MEADVILLE PA 16335 151036165 0 X WWW.ALLEGHENY.EDU X 1817 PA 4 YEAR, HIGHER EDUCATION, RESIDENTIAL INSTITUTION 34 33 2386 0 -113712 -113712 10303642 11390298 89757504 92927107 28854949 -5384335 1674900 1951502 130590995 100884572 34250503 36627641 0 0 36795724 38981951 0 0 4229846 36125868 35081622 107172095 110691214 23418900 -9806642 330646067 322934038 76315108 78409721 254330959 244524317 X ALLEGHENY COLLEGE'S UNDERGRADUATE RESIDENTIAL EDUCATION PREPARES YOUNG ADULTS FOR SUCCESSFUL, MEANINGFUL LIVES BY PROMOTING STUDENTS' INTELLECTUAL, MORAL, AND SOCIAL DEVELOPMENT, AND ENCOURAGING PERSONAL AND CIVIC RESPONSIBILITY. THE FACULTY AND STAFF COMBINE HIGH ACADEMIC STANDARDS AND A COMMITMENT TO THE EXCHANGE OF KNOWLEDGE WITH A SUPPORTIVE APPROACH TO LEARNING. GRADUATES ARE EQUIPPED TO THINK CRITICALLY, SPEAK PERSUASIVELY, AND MEET CHALLENGES IN A DIVERSE, INTERCONNECTED WORLD. 0 0 56266555 75675380 INSTRUCTION: PROVIDED LIBERAL ARTS, PRIVATE 4-YEAR HIGHER EDUCATION TO STUDENTS AND SUPPORTED THAT EFFORT WITH LIBRARY AND MEDIA RESOURCES AND REMEDIAL AND SPECIAL INTEREST CLASSES. 36562641 36562641 SCHOLARSHIP: FROM GIFTS, GRANTS, ENDOWMENT INCOME, AND COLLEGE RESOURCES ASSISTED STUDENTS TO ATTAIN THEIR DEGREE BY HELPING TO FINANCE THE COST. 6768448 17251727 AUXILIARY ENTERPRISES: PROVIDED HOUSING AND DINING SERVICES AND FACILITIES TO STUDENTS AS A RESIDENTIAL INSTITUTION. 2062165 STUDENT SERVICES: PROVIDING ADDITIONAL STUDENT SERVICES SUCH AS COUNSELING, CAREER SERVICES, INTRAMURAL AND INTERCOLLEGIATE ATHLETICS, STUDENT GOVERNMENT ACTIVITIES, HEALTH SERVICES, SOCIAL ACTIVITIES AND ORGANIZATIONS. 2062165 99597644 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 4 0 1 2386 1 1 1 1 BD CJ 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LINDA WETSELL ASSOCIATE VP FINANCE 8143324790 520 NORTH MAIN STREET MEADVILLE PA 16335 EDDIE TAYLOR JR 2.00 X 0 0 0 ROBERT L SMITH JR 2.00 X 0 0 0 EARL W ADAMS JR PHD 2.00 X 0 0 0 CHRISTIAN L ALLISON 18.00 X 7528 0 0 BISHOP THOMAS J BICKERTON 2.00 X 0 0 0 ALICE S BIERER 2.00 X 0 0 0 EDWARD JOSEPH BORKOWSKI 2.00 X 0 0 0 WILLOW WILCOX BROST 2.00 X 0 0 0 WILLIAM H BROWN JR 2.00 X 0 0 0 MARK R CAMPBELL 2.00 X 0 0 0 JANE MIRIAM EARLL ESQ 2.00 X 0 0 0 GARY M ELLIOTT 2.00 X 0 0 0 MARY J FEELEY 2.00 X 0 0 0 KIMBERLY T FLEMING 2.00 X 0 0 0 JUDITH THOMAS HORGAN 2.00 X 0 0 0 STEVEN D LEVINSKY 2.00 X 0 0 0 RICHARD W MAINE 2.00 X 0 0 0 ISABELLA MOSS 2.00 X 0 0 0 HERBERT H MYERS 2.00 X 0 0 0 JEROME V NELSON 2.00 X 0 0 0 JAMES C NEW 2.00 X 0 0 0 JOHN H NILES JR MD 2.00 X 0 0 0 MARTIN PFINSGRAFF 2.00 X 0 0 0 TIMOTHY L REEVES 2.00 X 0 0 0 MARY E SCEIFORD PHD 2.00 X 0 0 0 YVONNE K SEON PHD 2.00 X 0 0 0 DAG J SKATTUM 2.00 X 0 0 0 THOMAS N SLONAKER 2.00 X 0 0 0 WILLIAM PSTEFFEE MDPHD 2.00 X 0 0 0 HAYES C STOVER ESQ 2.00 X 0 0 0 BRUCE R THOMPSON 2.00 X 0 0 0 WILLIAM H TIMBERS 2.00 X 0 0 0 ROBERT C WOODWORTH 2.00 X 0 0 0 DOUGLAS F ZIEGLER 2.00 X 0 0 0 JAMES H MULLEN JR 50.00 X 316705 0 23958 DAVID W MCINALLY 50.00 X 201598 0 22380 LINDA C DEMERITT 40.00 X 192812 0 20825 MARJORIE S KLEIN 50.00 X 171825 0 20508 JAMES C BULLMAN 40.00 X 152529 0 23773 LLOYD MICHAELS 40.00 X 145181 0 33442 BRUCE J SMITH 40.00 X 140404 0 22518 LARRY K LEE 50.00 X 140841 0 34869 JOSEPH J DICHRISTINA 50.00 X 138966 0 34023 1608389 0 236296 9 1 1 0 PARKHURST DINING SERVICES INC PO BOX 644091 PITTSBURGH PA 152644091 FOOD SERVICE 5535372 MASSARO INC 120 DELTA DRIVE PITTSBURGH PA 15238 CONSTRUCTION MANAGERS 2441401 ST MORITZ BUILDING SERVICES C/O ST BANK INDIANA PA 15701 CLEANING SERVICE 1871885 DATATEL 43 75 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE SUITE FOR EDUCATIONAL AND ADMIN 226467 LYRASIS PO BOX 116179 ATLANTA GA 30309 BROKERAGE FOR LIBRARY DATABASE SERVICE 208147 13 22270 1201789 10166239 119419 11390298 TUITION & FEES 611710 75675380 75675380 OTHER AUXILIARY 611710 17251727 17251727 92927107 8031241 8031241 82900 70790 12110 12110 12110 35687980 49103556 -13415576 -13415576 -13415576 22785 22270 31846 -9061 -9061 1284099 945401 338698 338698 OTHER REVENUE 611710 1723467 1723467 PARTNERSHIP LOSS 900003 -113712 -113712 1609755 100884572 94989272 -113712 -5381286 65000 65000 36562641 36562641 1062716 251983 595858 214875 27215921 22821117 2425130 1969674 2038744 1646248 239349 153147 6563758 5242169 811840 509749 2100812 1739018 201793 160001 6768448 6500575 18618 249255 58859 58859 169680 5000 164680 834428 834428 191462 94386 97076 3211997 2944163 202414 65420 1243008 976754 263014 3240 3333478 3277149 39957 16372 1503964 1213436 76888 213640 709475 309996 111469 288010 2111345 2111345 6277654 5838218 439436 569418 260110 309308 OTHER EXPENSES 3168977 2872246 296731 STUDENT WAGES 2504216 2376054 86365 41797 POSTAGE, PUBLICATIONS, 1546120 932934 268520 344666 LIBRARY BOOKS & PERIODI 722674 722674 156419 156419 110691214 99597644 6863724 4229846 7782364 7404923 2030946 2985520 434132 596208 6445971 6857022 541622 534562 451623 421485 224442330 96143064 127558800 128299266 178452575 169238633 6948034 6596419 330646067 322934038 6818715 7918735 57584448 56472864 11911945 14018122 76315108 78409721 X 100642754 98173645 77274019 67540039 76414186 78810633 254330959 244524317 330646067 322934038 -9806642 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 153772505 2866881 -467028 7324910 706331 148141117 133943713 1298944 26441351 7911503 153772505 125126189 1254779 15684406 8091000 30661 133943713 157401480 6151586 -30571292 2829985 4666987 358613 125126189 0.15000 0.48000 0.37000 0 0 15112266 15112266 165949373 96143064 69806309 43380691 43380691 128299266 SHORT-TERM INVESTMENTS 10080720 F EQUITY INVESTMENTS 2815561 F MUTUAL FUNDS - EQUITY 69068387 F MUTUAL FUNDS - FIXED INCOME 27833693 F VENTURE CAP/PRIVATE EQ. 18764560 F PRIVATE REAL ESTATE 9770385 F HEDGE FUNDS 24043575 F REAL ASSETS 6861752 F 169238633 TRUST,ANNUITY AND LOANS PAYABLE 3824146 TRUSTS HELD FOR OTHERS 300209 REFUNDABLE GOVERNMENT ADVANCES FOR STUDENT LOANS 4948109 SWAP LIABILITY 2043893 TRUSTS PAYABLE 2901765 14018122 100884572 110691214 -9806642 -9806642 65369968 1048037 1048037 64321931 36562641 36562641 100884572 75176610 1048037 1048037 74128573 36562641 36562641 110691214 PART III, LINE 1A: "AFR NOTE 4: LAND, BUILDINGS, AND EQUIPMENT: -THE COLLEGE MAINTAINS VARIOUS COLLECTIONS OF INEXHAUSTIBLE ASSETS TO WHICH NO VALUE CAN BE DETERMINED. SUCH COLLECTIONS COULD INCLUDE CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, LITERATURE, AND THE LIKE, THAT ARE HELD FOR EXHIBITION AND PUBLIC SERVICE. THESE COLLECTIONS ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MEANS. ACCORDINGLY, SUCH COLLECTIONS ARE NOT CAPITALIZED OR RECOGNIZED FOR FINANCIAL STATEMENT PURPOSES. " PART III, LINE 4: CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND LITERATURE ARE USED BY THE STUDENTS AND FACULTY FOR EDUCATIONAL PURPOSES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COLLEGE HAS A 5% SPENDING FORMULA BASED ON A TRAILING 12 QUARTER AVERAGE. THE ENDOWMENT SUPPORT FOR OPERATIONS IS ABOUT 12% OF THE BUDGET. THE FUNDS SUPPORT OPERATIONS THROUGH SCHOLARSHIPS, STUDENT SERVICES, LIBRARY MATERIALS, BUILDING AND GROUNDS, ACADEMIC SALARIES AND OTHER EXPENSES. THE CURRENT YEAR ALSO INCLUDES DRAW FROM THE ENDOWMENT TO SUPPORT ADMINISTRATIVE EXPENSES IN THE FUND RAISING AREA (NOTED ON "F" ABOVE) DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT 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 STATEMENTS. THE COLLEGE FILES US FEDERAL, STATE AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE COLLEGE'S US FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED JUNE 30, 2009 THROUGH THE PRESENT. THE COLLEGE CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES RENTAL EXPENSE FUND RAISING EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES RENTAL EXPENSES FUNDRAISING EXPENSES PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 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 COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN LOCAL AND REGIONAL NEWSPAPERS. IN ADDITION, THE POLICY IS INCLUDED IN THE COLLEGE CATALOGS AND RECRUITING MATERIALS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS UNDER VARIOUS STATE AND FEDERAL PROGRAMS. MIDDLE EAST AND NORTH AFRICA - PROGRAM SERVICES STUDY ABROAD PROGRAMS; 3 STUDENT PARTICIPANTS 56694 SOUTH ASIA PROGRAM SERVICES STUDY ABROAD PROGRAMS; 3 STUDENT PARTICIPANTS 51684 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD PROGRAMS; 16 STUDENT PARTICIPANTS 286261 CENTRAL AMERICA AND THE CARIBBEAN - PROGRAM SERVICES STUDY ABROAD PROGRAMS; 7 STUDENT PARTICIPANTS 122610 EUROPE (INCLUDING ICELAND & GREENLAND) - PROGRAM SERVICES STUDY ABROAD PROGRAMS; 13 STUDENT PARTICIPANTS 234821 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD PROGRAMS; 1 STUDENT PARTICIPANT 12600 0 0 0 0 0 0 764670 0 764670 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE COLLEGE DOES NOT ISSUE GRANTS OUTSIDE THE US, BUT IT DOES INCUR EXPENSES FOR STUDENTS STUDYING ABROAD. STUDENTS PAY THEIR REGULAR ALLEGHENY COLLEGE TUITION, AND THE COLLEGE IN TURN PAYS THEIR TUITION TO THE FOREIGN INSTITUTION THAT THEY WILL BE ATTENDING. THOSE EXPENSES ARE TRACKED IN THE STUDY ABROAD OFFICE AND IN THE GENERAL LEDGER. ATHLETIC GOLF OUTING 45055 22270 22785 31846 45055 22270 22785 31846 31846 -9061 1 CITY OF MEADVILLE 984 WATER STREET MEADVILLE PA 16335 256000867 170(B)(1)(A)(V) 65000 FINANCIAL SUPPORT 1 ALLEGHENY AID 1188 8649339 ENDOWED AID 651 3517293 FEDERAL GRANTS 279 445539 MERIT SCHOLARSHIPS 1806 21603639 PELL GRANTS 592 2346831 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE'S FINANCIAL AID OFFICE MAINTAINS ELIGIBILITY REQUIREMENTS AND MONITORS GRANTING OF AWARDS TO STUDENTS AND FOLLOWS U.S. FEDERAL AID REGULATIONS AND ALL STATES' REGULATIONS FOR GRANTS TO ITS STUDENTS. X X X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 JAMES H MULLEN JR 298153 0 18000 0 552 0 0 0 23958 0 340663 0 0 0 DAVID W MCINALLY 201046 0 0 0 552 0 0 0 22380 0 223978 0 0 0 LINDA C DEMERITT 191780 0 0 0 1032 0 0 0 20825 0 213637 0 0 0 MARJORIE S KLEIN 171465 0 0 0 360 0 0 0 20508 0 192333 0 0 0 JAMES C BULLMAN 151122 0 0 0 1407 0 0 0 23773 0 176302 0 0 0 LLOYD MICHAELS 142611 0 0 0 2570 0 0 0 33442 0 178623 0 0 0 BRUCE J SMITH 138063 0 0 0 2341 0 0 0 22518 0 162922 0 0 0 LARRY K LEE 140538 0 0 0 303 0 0 0 34869 0 175710 0 0 0 JOSEPH J DICHRISTINA 138683 0 0 0 283 0 0 0 34023 0 172989 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE COLLEGE RECEIVED A HOUSING ALLOWANCE IN THE AMOUNT OF $24,500, AND HAD OTHER REPORTABLE COMPENSATION RELATED TO AUTO AND CLUB USAGE IN THE AMOUNT OF $1,889. PA HIGHER EDUCATION FACILITIES 232243852 2006-02-23 14000000 CONSTRUCT STUDENT HOUSING 0 0 0 CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2009-05-08 10295000 CONSTRUCT STUDENT HOUSING 0 0 0 CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2009-05-08 8000000 CONSTRUCT STUDENT HOUSING 0 0 0 CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2010-12-15 26386313 REFUND 1998 BONDS 0 0 0 13913293 1315987 189625 12294183 0 0 0 1 290000 10179186 836400 190015 9152771 0 0 0 1 8000000 147889 7852111 0 0 0 1 200451 26260000 126313 1 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 PNC BANK 20.000000000000 0 0 0 0 0 KIMBERLY FLEMING - CHILD TRUSTEE $14,000 MERIT SCHOLARSHIP DAVID MCINALLY - CHILDREN OFFICER $71,700 TUITION BENEFIT NANCY SMITH SPOUSE OF TRUSTEE 40588 EMPLOYMENT 0 JANICE MCINALLY SPOUSE OF OFFICER 45272 EMPLOYMENT 0 GEORGE BYRNES SPOUSE OF OFFICER 17478 EMPLOYMENT 0 TIM REEVES TRUSTEE 112253 MARKET GROUP 0 EDDIE TAYLOR BOARD CHAIR 59750 INSURANCE BROKER 0 0 X 26 119419 COST OR SELLING PRICE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES AUDIT COMMITTEE IS CHARGED WITH THE RESPONSIBILITY BY THE FULL BOARD TO REVIEW THE FORM 990 AND CALL IN OUTSIDE EXPERTS TO ANSWER ANY QUESTIONS OF THE BOARD IN ORDER TO COME TO FULL UNDERSTANDING OF WHAT IS BEING REPORTED. THIS REVIEW IS HELD JUST PRIOR TO THE SUBMISSION OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THOUGH COMPLETION OF AN ANNUAL CONFLICT OF INTEREST, WHICH IS COMPLETED BY ALL TRUSTEES AND MONITORED BY MANAGEMENT. IF A CONFLICT IS DETERMINED TO BE PRESENT THEN MANAGEMENT AND BOARD LEADERSHIP ADDRESS IT WITH THE APPROPRIATE INDIVIDUAL(S). NO CONFLICTS OR POTENTIALLY CONFLICTING BUSINESS OR FAMILY RELATIONSHIPS WERE NOTED FOR THE FISCAL YEAR. AS A PART OF NEW TRUSTEE ORIENTATION, BOARD MEMBERS ARE INFORMED THAT THE BOARD OF TRUSTEES HAS AUTHORITY ONLY AS A CORPORATE BODY - NO INDIVIDUAL TRUSTEE HAS AUTHORITY OVER ANY ASPECT OF COLLEGE OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS ANNUALLY THE PRESIDENT'S WORK ACCOMPLISHMENTS FOR THE PAST YEAR AND COMBINES THAT INFORMATION WITH A COMPARISON OF COMPENSATION OF PRESIDENTS OF SIMILAR COLLEGES TO SET THE PRESIDENT'S ANNUAL SALARY INCREASE. DOCUMENTATION IS KEPT ON FILE CONCERNING THESE DELIBERATIONS AND MEASUREMENTS. THE SAME BOARD OF TRUSTEES COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE PRESIDENT'S RECOMMENDATIONS FOR SALARY INCREASES AND THE CRITERIA USED FOR THOSE RECOMMENDATIONS; DOCUMENTATION IS ALSO KEPT ON FILE CONCERNING THIS REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.