2012-05-14T14:13:52-05:00 2011-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2010-07-01 231355135 Philadelphia College of Osteopathic Medicine PHIL 2158716900 4170 City Avenue Philadelphia PA 19131 Peter Doulis 2158716900 2012-05-14 2155614200 2010 2016-02-24 21:20:13Z Peter Doulis 4170 City Avenue Philadelphia PA 19131 103336888 false X www.pcom.edu X 1911 PA The College provides education to medical students and other graduate students 23 20 1453 1720 113744 -14028 6014482 4435250 87276847 92655839 499803 537871 4417845 5123299 98208977 102752259 1926788 70250 0 51641055 55571702 0 1268902 32915535 35099748 86483378 90741700 11725599 12010559 135848445 142529492 62673894 61220324 73174551 81309168 X THE COLLEGE PROVIDES EDUCATION TO MEDICAL STUDENTS AND OTHER GRADUATE STUDENTS false false 40440127 70250 73767839 Tuition revenue provides education to medical students and other graduate program students 13147570 13500669 Graduate medical education- The intern resident programs provide the means for our interns and residents to learn hands on experience at hospitals. The experience helps train them in all situations as physicians. 7628721 5332522 Ambulatory care network provides our externs with experience in a clinical environment. They rotate thru medical clinics and facilities which gives them the education needed as they prepare for graduation and become doctors. The network also provides medical care to patients and gives the student the hands on training required. 182439 163809 Continuing Medical Education 182439 163809 61398857 true true false true false false false false false true true false true true true false true true false true false false false true false false false true true true false false false false false false false false false false false false false false true true true true false false true 60 0 true 1453 true true true true CJ false false false false false false false false X 23 20 true false false false false false false true true false false true true true true true true true true false PA X PCOM MANAGEMENT 2158716900 4170 CITY AVENUE Philadelphia PA 19131 X Matthew Schure Phd 50.0 X X 473369 0 55217 Kenneth J Veit DO 50.0 X X 409486 0 53740 Etheldra Templeton 40.0 X 179787 0 41659 Bernard J Bernacki 1.0 X 0 0 0 James H Black DO 1.0 X 0 0 0 J Steven Blake 1.0 X 0 0 0 John B Bulger 1.0 X 0 0 0 Lita Indzel Cohen Esq 1.0 X 0 0 0 Joseph A Dieterle DO 1.0 X 0 0 0 Elizabeth H Gemmill Esq 1.0 X 0 0 0 Thomas J Gravina 1.0 X 0 0 0 John P Kearney 1.0 X 0 0 0 Vincent Lobo DO 1.0 X 0 0 0 Herbert Lotman 1.0 X 0 0 0 Joseph J Kuchinski DO 1.0 X 0 0 0 The Honoranble Terry Coleman 1.0 X 0 0 0 Louis P Meshon DO 1.0 X 0 0 0 Wayne T Sikes 1.0 X 0 0 0 Andrea D Pedano DO 1.0 X 0 0 0 Murray Zedeck DO 1.0 X 0 0 0 Paul W McGloin CPA 4.0 X X 0 0 0 Eugene B Chaiken LLD HON 4.0 X X 0 0 0 Denise J Smyler Esq 1.0 X 0 0 0 Peter Doulis 40.0 X 264406 0 50432 Robert Cuzzolino 40.0 X 219899 0 47296 Florence Zeller 40.0 X 181699 0 40346 Lavinia Lafferty 40.0 X 69385 0 19021 Joan McGettigan 40.0 X 61698 0 17122 Richard Pascucci DO 40.0 X 286529 0 36750 Paul Evans DO 40.0 X 220185 0 38430 Harry Morris DO 40.0 X 239920 0 50486 Mark Okamoto 40.0 X 223921 0 38598 Hasco Craver 40.0 X 219287 0 47767 Alexander Nicholas DO 40.0 X 239826 0 52932 John Simelaro DO 40.0 X 213481 0 50353 Eugene Mochan DO 40.0 X 238318 0 45007 Michael Kuchera DO 40.0 X 230598 0 52253 Pat Lannutti DO 40.0 X 220535 0 41673 4192329 0 779082 93 false true false The Arthur Jackson Co 7025 W Chester Pike UPPER DARBY PA 190821705 Cleaning Svcs 1092637 Sodexo Inc PO Box 360170 PITTSBURGH PA 152516170 Food Svcs 708490 ABM Security Services Inc Dept 1088-03 PO Box 6100 SAN FRANCISCO CA 941610001 Security Svcs 616985 Blank Rome LLP PO Box 8586 PHILADELPHIA PA 191788586 Attorney Svcs 399136 AlliedBarton Security Services PO Box 534265 ATLANTA GA 303534265 Security Svcs 270930 7 1803868 2365965 265417 4435250 TUITION AND FEES 900099 73767839 73767839 GRADUATE MEDICAL EDUCATION 900099 13500669 13500669 AMBULATORY CARE NETWORK 900099 5223522 5223522 CONTINUING MEDICAL EDUCATION 900099 163809 163809 92655839 462931 462931 0 0 1303344 522614 780730 780730 780730 74940 0 74940 74940 21871 62015 -40144 -40144 0 0 CAPTIVE RETRO PREMIUM CREDITS 900099 2237011 2237011 PARKING LOT REVENUE 900099 406042 406042 CAFETERIA 900099 535278 535278 1204382 113744 1090638 4382713 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13377446 62673894 61220324 X 73174551 81309168 73174551 81309168 135848445 142529492 X 12010559 -3875942 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 189832 189832 189832 189832 90551868 96129735 90741700 96319567 1000000 1000000 250000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 243050 222281 160116 189832 815279 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 7989369 7989369 82555489 48953582 33601907 64022457 43736348 20286109 6061190 5228332 832858 62710243 CERTIFICATE OF DEPOSITS 24378937 F INVESTMENT IN SUBSIDIARIES 420000 F WORKMENS COMP INSURANCE ESCROW 85174 F CD'S PURCHASE PREMIUM 525551 F 25409662 CAPTIVE RETO PREMIUMS 9491196 2003 DEBT SERVICE FUND 797317 DUE TO/FROM FOUNDATION 434609 DEPOITS AND DEFERRED FINANCING 217337 PATENTS 106794 11047253 0 FEDERAL STUDENT LOAN GRANTS REFUNDABLE 13377446 13377446 FIN 48 (ASC 740) Footnote Part X line 2 U.S. GAAP requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The Organization does not believe its consolidated financial statements include any material uncertain tax positions. true true true true true true true false false false false false false false false true false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 The Philadelphia College of Osteopathic Medicine has a written nondiscriminatory policy. It is widely circulated throughout our institution and is contained in all of our publications. The college catalog is distributed to colleges and universities, libraries, and high schools throughout the United States. We distribute our quarterly publication, ""The Digest"", to the Free Library of Philadelphia and all fifty state osteopathic associations. Our policy is also stated in the American Association of Colleges of Osteopathic Medicine (AACOM) information booklet that is mailed to pre-med advisors in colleges Government Assistance Schedule E, Part I, Line 6a The Philadelphia College of Osteopathic Medicine receives funding from the Commonwealth of Pennsylvania. The appropriation is applied directly to educational costs. Pennsylvania assistance is factored into our tuition and fee charges to compute the minimum assessments. The college received $733,000 in fiscal year ended June 30, 2011. That money was significant in meeting our needs and goals. Central America and the Caribbean Investments 1561000 1561000 1561000 true false true false false false Alumni Weekend 21871 21871 30665 31350 0 21871 21871 30665 31350 62015 -40144 false Scholarships 30 70250 fmv Financial Aid Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 Scholarships are issued based on financial need and good academic standing. Scholarships are applied against students' tuition account. No cash is distributed to students. X X X X X X false false false true false false false false false Matthew Schure Phd 421169 0 45000 0 7200 0 36750 0 18467 0 528586 0 0 0 Kenneth J Veit DO 381886 0 21000 0 6600 0 36750 0 16990 0 463226 0 0 0 Etheldra Templeton 179787 0 0 0 0 0 26968 0 14691 0 221446 0 0 0 Peter Doulis 238681 0 19125 0 6600 0 28841 0 21591 0 314838 0 0 0 Robert Cuzzolino 201674 0 11625 0 6600 0 30251 0 17045 0 267195 0 0 0 Florence Zeller 171349 0 3750 0 6600 0 25702 0 14644 0 222045 0 0 0 Richard Pascucci DO 286529 0 0 0 0 0 36750 0 0 0 323279 0 0 0 Paul Evans DO 215616 0 0 0 4569 0 21562 0 16868 0 258615 0 0 0 Harry Morris DO 223913 0 16007 0 0 0 33587 0 16899 0 290406 0 0 0 Mark Okamoto 217321 0 0 0 6600 0 21732 0 16866 0 262519 0 0 0 Alexander Nicholas DO 239826 0 0 0 0 0 35974 0 16958 0 292758 0 0 0 John Simelaro DO 213481 0 0 0 0 0 32022 0 18331 0 263834 0 0 0 Eugene Mochan DO 236904 0 1414 0 0 0 35536 0 9471 0 283325 0 0 0 Michael Kuchera DO 230598 0 0 0 0 0 34590 0 17663 0 282851 0 0 0 Pat Lannutti DO 215223 0 5312 0 0 0 32283 0 9390 0 262208 0 0 0 Hasco Craver 219287 0 0 0 0 0 32893 0 14874 0 267054 0 0 0 Compensation contingent on its revenue - Organization Schedule J, Part I, Line 5a Additional compensation for Harry Morris D. O. is paid based on a percentage of excess of actual revenues over the budgeted revenues. The calculation is reviewed and approved before it is paid. Compensation of Trustee Etheldra Templeton is a trustee and employee of Philadelphia College of Osteopathic Medicine (PCOM). The compensation for Ms. Templeton that is reported on Form 990 Part VII and Schedule J, Part II is for her faculty position at PCOM. Ms. Templeton is not compensated for the time devoted as a Trustee. PA Higher Education Facilties Authority 232243852 70917NUS1 2003-06-04 30609673 Redemption of 1993 Bond false false false 22185634 2074314 185000 10013825 2006 false false true true false false false false false 0.00600 0.00600 false true true false false false true Form 990 Review Process Form 990, Part VI, Line 11b Form 990 is prepared by the organization and reviewed by an outside independent tax consultant. The audit committee reviews and approves the 990. Prior to filing, the 990 is made available to the entire board of trustees for review. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c An annual questionnaire and disclosure form was developed by our external legal counsel. Every July 1 the questionnaire is sent out to all officers, trustees and key employees. They are checked to make sure that they are all returned and signed. They are then reviewed by the CEO and CFO. Any reportable conflicts are then sent to the audit committee for resolution. Process for Determining Compensation Form 990, Part VI, Line 15a Salary and bonus paid to the President of the college is reviewed and approved by the Compensation Committee of the PCOM Board of Trustees. In addition, an annual review is conducted by an independent executive compensation consulting organization, in order to provide an opinion on the reasonableness of, and supporting comparability data with respect to total compensation of the President. How Documents are Made Available to the Public Form 990, Part VI, Line 19 Financial statements are made available to the public upon request. Other Changes in Net Assets Form 990 Part XI Line 5 Transfer to related organization $3,875,000 Prior period Adjustment 942 --------- Total $3,875,942 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Matthew Schure Phd TITLE:President and CEO HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Kenneth J Veit DO TITLE:VP and Dean HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Etheldra Templeton TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Bernard J. Bernacki TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:James H. Black DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:J. Steven Blake TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:John B. Bulger TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lita Indzel Cohen, Esq TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joseph A. Dieterle DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Elizabeth H. Gemmill, Esq TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Thomas J. Gravina TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:John P. Kearney TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Vincent Lobo DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Herbert Lotman TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joseph J. Kuchinski DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:The Honoranble Terry Coleman TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Louis P. Meshon DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Wayne T. Sikes TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Andrea D. Pedano DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Murray Zedeck DO TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Paul W. McGloin CPA TITLE:Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Eugene B. Chaiken LLD HON TITLE:Vice Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Peter Doulis TITLE:VP Finance/CFO HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Robert Cuzzolino TITLE:VP Grad Program HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Florence Zeller TITLE:VP Alumni/ Dev HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lavinia Lafferty TITLE:Secretary HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joan McGettigan TITLE:Asst Secretary HOURS:1 PCOM Student Loan LLC 4170 City Avenue Philadelphia PA 19131 300215557 Loans PA PCOM PCOM Technology LLC 4170 City Avenue Philadelphia PA 19131 233036589 Inactive PA PCOM PCOM Technology Subsidiary LLC 4170 City Avenue Philadelphia PA 19131 233036591 Inactive PA PCOM POM Technology Holding LLC 4170 City Avenue Philadelphia PA 19131 231883739 Inactive PA N/A Phila College Osteopathic Med Foundation 4170 City Avenue Philadelphia PA 19131 222691757 Investment PA 501(c)(3) 11 false Overmont Corporation 4001 Monument Road Philadelphia PA 19131 231922689 Housing PA 501(c)(3) 09 false American Osteo Insurance Co PO Box 1109 Grand Cayman Grand Cayman CJ Insurance CJ PCOM C Corp 2562468 13735994 1.00000 false false true false false false false false false false false false false false false false true false