2012-03-01T12:12:45-08:00 2011-05-31 GRANT THORTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2010-06-01 240795495 UNIVERSITY OF SCRANTON UNIV 5709416486 800 LINDEN STREET SCRANTON PA 185104694 EDWARD J STEINMETZ CPA 5709416486 2011-02-16 FRANK GIARDINI 2155614200 2012-02-16 2010 2016-02-24 21:20:13Z REV SCOTT R PILARZ SJ 800 LINDEN STREET SCRANTON PA 185104694 567353479 false X www.scranton.edu X 1888 PA 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 the growth in wisdom and integrity of all who share its life. It offers degree programs at the under-graduate and graduate levels as well as pre-professional and professional programs. 36 35 2961 435 64558 8119355 19324788 173837200 183101536 6408363 7472282 11997327 17984698 200362245 227883304 47133043 50854597 0 80633463 87214674 170744 59300 3359248 46971640 46910210 174908890 185038781 25453355 42844523 388875813 503151380 154886245 226317289 233989568 276834091 X The University of Scranton is a Catholic and Jesuit university. It is a community false false 50854597 50854597 HIGHER EDUCATION; STUDENT FINANCIAL AID - TOTAL AWARDS PROCESSED BY THE FINANCIAL AID OFFICE AMOUNTED APPROXIMATELY $132,721,000 WHICH INCLUDED FEDERAL STAFFORD, PLUS AND ALTERNATIVE LOANS AND EXCEEDED 5,216 UNDUPLICATED RECIPIENTS. 48780600 154550257 HIGHER EDUCATION; INSTRUCTION - PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO 4,100 UNDERGRADUATE AND 1,970 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. 26790358 28551279 HIGHER EDUCATION; AUXILIARY SERVICES - PROVIDES DORMITORY AND FOOD SERVICES TO APPROXIMATELY 2,215 RESIDENT STUDENTS AND FOOD SERVICES TO COMMUTER STUDENTS, FACULTY, STAFF AND ADMINISTRATION. 491362 Higher Education; Research - Includes the cost associated with 4 federal, 1 state cost associated with 4 federal, 1 state cost associated with 4 federal, 1 state cost associated with 4 federal, 1 state 1963117 Higher Education; Public Service - Funds expended for activities established primarily expended for activities established primarily expended for activities established primarily expended for activities established primarily expended for activities established primarily 7867912 Higher Education; Academic Support - Includes expenses applicable to an integral part of the expenses applicable to an integral part of the expenses applicable to an integral part of the expenses applicable to an integral part of the 5106369 Higher Education; Library - Expenses incurred in operating a 57,000 sq ft incurred in operating a 57,000 sq ft incurred in operating a 57,000 sq ft incurred in operating a 57,000 sq ft 13759879 Higher Education; Student Services and Activities - Expenditures or activities whose Activities - Expenditures or activities whose Activities - Expenditures or activities whose Activities - Expenditures or activities whose 29188639 155614194 true true false true false false true false true true true false false true true true false true false true false false true true false false false true true true false false false false false true false false false false true true false false false false false false false true 265 0 true 2961 true true true false false false false true true false false false false X 36 35 true false false false false false false true true false false true true true true true true true true true true AK AZ CO MA NH PA WA X X JOHN F MCNAMARA COMPTROLLER 5709417411 800 LINDEN STREET SCRANTON PA 185104694 X PAULA K BARRETT CPA 1.00 X 0 0 0 WILLIAM J BRADY 1.00 X 0 0 0 ELLEN H CASEY 1.00 X 0 0 0 CHRISTOPHER M CONDRON 1.00 X 0 0 0 THOMAS J DAVIS CPA 1.00 X 0 0 0 LISA DENAPLES DMD 1.00 X 0 0 0 DONNA M DOHERTY 1.00 X 0 0 0 MARY BETH FARRELL 1.00 X 0 0 0 REV JAMES DUFFY SJ MD 1.00 X 0 0 0 MICHELE FINN 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 ESQ 1.00 X 0 0 0 REV EDWARD GLYNN SJ 1.00 X 0 0 0 REVOTTO HENTZ SJ 1.00 X 0 0 0 JOSEPH J KADOW ESQ 1.00 X 0 0 0 EUGENE J KANE SR 1.00 X 0 0 0 JAMES J KNIPPER 1 X LAWRENCE R LYNCH CPA 1 X GEORGE V LYNETT JR 1 X REV RYAN MAHER SJ 1 X MARGARET Q MARIOTTI AUD 1 X DENNIS J MCGONIGLE 1 X JAMES F MULLERY JR 1 X FRANCIS J PEARN 1 X KAREN L PENNINGTON PHD 1 X REV ROBERT E REISER SJ 1 X REV THOMAS ROACH SJ 1 X KATHLEEN C SANTORA ESQ 1 X 3169290 659527 81 true true false THE QUANDEL GROUP 4755 LINGESTOWN ROAD HARRISBURG PA 17112 General contractor 21914561 FIRST PRIORITY PO BOX 2127 WILKESBARRE PA 18703 Health care provided 11870260 ARAMARK C/O UNIVESITY OF SCRANTON SCRANTON PA 18510 Food service provider 8878352 TIAACREF PO BOX 1259 CHARLOTTE NC 28201 Pension plan provider 5784493 AJ GUZZI INC 9 SKYLINE DRIVE UNIT 1 CLARKS SUMMIT PA 18411 General contractor 3255147 61 950788 10194947 8179053 1021736 19324788 Tuition and fees 611600 154550257 Auxiliary enterprises 721310 28551279 183101536 3850510 3850510 546211 485536 60675 60675 60675 342304473 338682701 3621772 3621772 3621772 107970 950788 301938 -193968 -193968 Unrealized gains on investments 523000 16467358 16467358 Print shop activities 323100 1095797 1095797 Educational support services 611710 550953 550953 3883 3883 18117991 227883304 184748286 64558 23745672 50854597 50854597 4139090 2228627 1548386 362077 58874114 48938844 8464065 1471205 4508020 3694097 705146 108777 15806459 6070174 9555186 181099 3886991 3171460 616292 99239 107389 0 107389 0 134495 0 134495 0 89856 0 0 89856 59300 59300 845604 0 845604 0 3041848 3041848 0 0 893262 170610 716891 5761 2862834 2202286 506202 154346 1747297 846325 807841 93131 2879756 2879609 147 0 941713 792352 122565 26796 1182719 972342 203744 6633 4566187 4566187 0 0 9762884 8625496 950213 187175 618358 523877 81686 12795 Cost of sales 7295359 7295359 0 0 Food service expense 2086328 1811488 230142 44698 Printing 738968 301938 262397 174633 Repairs and maintenance 2652313 2504452 134110 13751 Books and publications 1520319 1496111 22737 1471 2942721 2626115 50101 266505 185038781 155614194 26065339 3359248 23346761 16801561 9115742 13983342 2480536 2273086 51516 4521429 3931478 3298827 4146864 361050037 113413615 178634688 247636422 92441672 130041425 75036158 84285686 388875813 503151380 33818335 42721295 1827481 307460 5852352 6225846 110040000 171275000 3348077 5787688 154886245 226317289 X 146370684 177117168 35006425 43878360 52612459 55838563 233989568 276834091 388875813 503151380 42844523 X X false true true X true true X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false true 1000 false false false false true 89856 90856 false Pt II-B Line 1i The University contracted with two consulting groups 28037 242173 X X X X Used regularly for teaching purposes false 111708996 3903772 22547487 3292671 4386168 800446 129680970 100233075 5829128 13819583 3473969 4087415 611406 111708996 112033697 12169779 -18262708 3310827 1984315 412551 100233075 0.29100 0.41700 0.29200 true false 18325804 18325804 201131023 82431014 118700009 36389465 24917639 11471826 105203745 6064962 99138783 247636422 Silchester International Investors 11971730 F ABS Offshore SPC Class B 7164322 F State Street Global Advisors 36005125 F Grosvenor Capital Management 11718340 F EII Global Property Fund 6168275 F MFS International Growth, LLC 11257894 F 84285686 Split interest agreements 1604834 Premiums on University bonds 4182854 5787688 227883304 185038781 42844523 42844523 177816181 787474 787474 177028707 50854597 50854597 227883304 134971658 787474 787474 134184184 50854597 50854597 185038781 Pt III Line 4 The Special Collections department of the Weinberg OF THE COLLECTION WAS DONATED OR ACQUIRED OVER MANY DECADES. INCLUDED IN THE COLLECTION IS A COMPONENT FOCUSING ON RARE BOOKS PRODUCED BY THE JESUIT COMMUNITY. Pt V Line 4 The University's endowment is used to provide SCHOLARSHIPS TO STUDENTS AND TO OFFSET FACULTY SALARIES AND OTHER OPERATING EXPENSES. Pt X 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 DERECOGNIZED 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. Pt XII Line 2d Rental expenses deducted from gross rent revenue AND FUNDRAISING DIRECT EXPENSES DEDUCTED FROM GROSS FUNDRAISING INCOME ON FORM 990, PART VIII, LINES 6B AND 8B RESPECTIVELY. Pt XII Line 4b Tuition and fee revenue offset by institutionally OF THE COLLECTION WAS DONATED OR ACQUIRED OVER MANY DECADES. INCLUDED IN THE COLLECTION IS A COMPONENT FOCUSING ON RARE BOOKS PRODUCED BY THE JESUIT COMMUNITY. true true true true true true true false false false false false false false false true false true Line 3 SEE SCHEDULE E, PART II THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY Line 6b THE UNIVERSITY RECEIVES OPERATING FUNDS DESIGNATED Central America 0 0 Program services Missions 30147 0 0 0 0 30147 30147 false false false false false false Pt I Line 3 Col (F) The University sent a delegation of administration and staff to the University of Central America (the UCA) in San Salvador, El Salvador to better understand the Jesuit mission of providing higher education in this impoverished nation. The missions group participated in educational interviews with UCA students, faculty, staff and administrators in an effort to understand how the UCA has helped El Salvador recover from its revolutionary war of the late 1980's. X X X X X X X true RUFFALOCODY Phonathon false 4422 12000 -7578 CARLA CAPONE COMPANY Consultant false 971293 42500 928793 975715 54500 921215 AK AZ CO MA NH PA WA PBC Dinner 971293 874573 96720 144455 6300 88745 Athletics Dinner 87465 76215 11250 2166 32906 1100 26266 1058758 950788 107970 2166 177361 7400 115011 301938 -193968 true University funded grants/assistance 3664 50854597 N/A N/A Pt 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 upon 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 true true X X X false false false false false false false false false HAROLD W BAILLIEPHD 212629 20962 17963 251554 ABIGAIL BYMAN JD 135704 14210 22777 172691 VINCENT CARILLI PHD 158668 15306 15968 189942 PATRICIA A DAY JD 150869 14431 7963 173263 JEROME P DESANTO MBA 194225 17292 20687 232204 PATRICK LEAHY EDD 198425 19423 20487 238335 EDWARD J STEINMETZ CPA 198204 18462 16768 233434 GERALD C ZABOSKI MS 139521 13769 16103 169393 KENNETH R LORD PHD 192364 15593 20587 228544 MICHAEL O MENSAH PHD 174400 17316 20487 212203 JOSEPH H DREISBACH PHD 167047 16782 22356 206185 WILLIAM J WELSH PHD 152732 14328 7803 174863 S KINGSLY GNANENDRAN PHD 183656 11658 20689 216003 NABIL A TAMIMIPHD 161193 10134 20689 192016 SATYANARAYANA V PRATTIPATI PHD 157023 11178 17975 186176 ROBERT L MCKEAGE PHD 147836 9998 11126 168960 CHARLES E KRATZ MLS 146039 14043 10524 170606 DAVID E CHRISTIANSEN 153282 15600 11850 180732 PAUL F FAHEY PHD 145473 14962 23271 183706 Pt I Line 1a THE UNIVERSITY PROVIDES ON-CAMPUS HOUSING FOR REV. SCOTT R. PILARZ, SJ, PRESIDENT AND REV. RICHARD G. MALLOY, SJ, VICE PRESIDENT FOR UNIVERSITY MINISTRIES. THE ESTIMATED VALUE OF HOUSING IS $14,564 AND $10,267 RESPECTIVELY. THE HOUSING VALUES ARE BASED UPON RESIDENCE HALL RATES CHARGED UNIVERSITY STUDENTS. THESE HOUSING VALUES ARE INCLUDED IN THE RESPECTIVE OFFICER'S COMPENSATION DISCLOSED IN PART VII OF THE FORM 990. THE UNIVERSITY PAYS FOR INITIATION FEES AND MONTHLY DUES FOR A MEMBERSHIP FOR THE PRESIDENT TO THE SCRANTON CLUB. THE UNIVERSITY ALSO PAYS FOR THE ANNUAL MEMBERSHIP FEES FOR THE EXECUTIVE VICE PRESIDENT IN HIS UNIVERSITY RELATIONS ROLE AT THE FOLLOWING SOCIAL CLUBS: CORNELL CLUB OF NEW YORK CITY, 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 MEMBERS, POTENTIAL DONORS, FACULTY AND STAFF. MEMBERSHIPS IN THESE CLUBS ALLOWS FOR RECIPRICAL USE OF OTHER RELATED VENUES WITHIN THE UNITED STATES. THESE RECIPRICAL AGREEMENTS ALLOW SENIOR ADMINISTRATION TO HOST QUALITY BUSINESS AND FUNDRAISING EVENTS OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA. PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917RCRA 2006-03-02 57424438 Campus Ctr and refunding false false false PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 810694H93 2007-10-12 30479254 Construct domitory false false false PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917RPW9 2008-04-01 11540071 Current refunding false false false CITY OF WILKES-BARRE FINANCING AUTHORITY 205684698 968254AX0 2010-09-09 67855761 Science Bldg and dormitory false false false 60143859 4374322 24554657 1220097 29994783 2007 false true true true 30479254 2793400 695786 26990068 2008 false false true true 11540071 11450977 89094 2008 true false true true 67855761 11910 568398 58735980 8563293 2011 false false false true false false true false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false true false true 0.00000 0.00000 0.00000 true true false false true MBIA INC 0.29666700 true false false true false false false false false true false false false false false false false false false false false See Schedule O for full description of outstanding University Bond Issues listed in Schedule K, Part I. PATRICIA A DAY JD Relocation assistance X 3000 1516 false true true PATRICK LEAHY EDD Forgivable loan X 50000 50000 false true true 51516 X 1 18000 Appraisal X 1130 Receipts X 35 956214 Midpoint Hig/Low X 1 28037 Appraisal X 1 569 Receipts X 1 1200 Donor estimate X Lab Equipment 1 6573 Donor estimate X Prizes 78 10013 Donor estimates 2 false true true Pt I Line 32b Form 990 The University uses the services of a securities Form 990 broker to sell all securities received as Form 990 charitable contributions. Pt VI-A, Line 2 The President of the University, Rev. Scott R. Pilarz, SJ and the Vice President for University Ministries, Rev. Richard G. Malloy, SJ 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. Pt VI-B, Line 11a The Form 990 is prepared inhouse based upon the audited financial statements prepared by independent auditors. The draft Form 990 is completed by Treasurer's Office personnel and is reveiwed by the University's Treasurer before being sent to the Audit Committee for its review. The Audit Committee has a one week period to comment on the draft and appropriate changes are made based upon those comments. The revised draft is then made available to the full Board of Trustees on a University secure website. Trustees are able to comment on the draft Form 990 for a week period prior to a regularly scheduled Board meeting. At that meeting the Board formally adopts the Form 990 as final and authorizes the University Treasurer to file the Form 990 with the IRS. An identical and simultaneous process is followed to file the Form 990, Part III, Line 4d HIGHER EDUCATION; RESEARCH - INCLUDES THE 491362. 0. 0. HIGHER EDUCATION; PUBLIC SERVICE - FUNDS 1963117. 0. 0. HIGHER EDUCATION; ACADEMIC SUPPORT - INCLUDES 7867912. 0. 0. HIGHER EDUCATION; LIBRARY - EXPENSES 5106369. 0. 0. HIGHER EDUCATION; STUDENT SERVICES AND 13759879. 0. 0. Form 990, Part IX, Line 24f OTHER EXPENSES 266505. 266505. BAD DEBT EXPENSE 312475. 312475. UNITTRUST DISBURSEMENTS 229808. 229808. EQUIPMENT (NON-DEPRECIABLE) 1210441. 1210441. DONATIONS 171236. 171236. INSTITUTIONAL MEMBERSHIPS 505794. 455693. 50101. TAXES OTHER 246462. 246462. University's annual return on Form 990-T. Pt VI-B, Line 12c The University's Secretary to the Board Conflict of Interest statements. These statements are reviewed by the Secretary. The Secretary obtains additional information to opine on each disclosed potential conflict. The Secretary attends all Board meetings where actions are voted upon to ensure that individuals with potential conflicts of interest 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. Pt VI-B, Line 15 The Executive Compensation Committee of the Board of Trustees reviews appropriate analyses and studies prepared by the administration 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. Pt VI-C, Line 19 The University does not make its governing documents, conflict of interest policy, or financial statements available to the public. in the University's annual information return on Form 990 filed with the Internal Revenue Service. This return is available to the public both on-line at "www.guidestar.com" and at the University's Treasurer's Office. Pt 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. Form 990 Both the University's President and its Vice Part VII President for University Ministries are members of Lines 38 & 45 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. Schedule K, Line A, Column (f) Description of Purpose: Part I 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. Schedule K, Line B, Column (f) Description of Purpose: Part I Financing the constuction of a new seven story residence hall. Schedule K, Line C, Column (f) Description of Purpose: Part I 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. Schedule K, Line D, Column (f) Description of Purpose: Part I Financing the construction of a new Loyola Science Center and a multi-purpose 400-bed residence hall.