2012-04-06T09:04:55-05:00 2011-05-31 SCHNEIDER DOWNS & CO INC 1133 PENN AVENUE PITTSBURGH PA 15222 990 2010-06-01 250965376 GENEVA COLLEGE GENE 7248465100 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 LARRY K GRIFFITH 7248465100 2012-04-06 1 SUSAN M KIRSCH 4122613644 2010 2016-02-24 21:20:13Z LARRY K GRIFFITH 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 53209355 0 X WWW.GENEVA.EDU X 1848 PA TO GLORIFY GOD BY EDUCATING AND MINISTERING TO A COMMUNITY OF STUDENTS THROUGH BIBLICALLY-BASED PROGRAMS MARKED BY EXCELLENCE AND ANCHORED IN THE HISTORIC, EVANGELICAL AND REFORMED CHRISTIAN FAITH. 21 18 1414 276 64794 -3688 4052936 3564007 43003999 47835405 2359923 1548685 92628 74129 49509486 53022226 11874436 13553434 0 0 19983431 21116887 0 0 1081585 16055262 15815113 47913129 50485434 1596357 2536792 76806727 82305109 25213938 23808783 51592789 58496326 TO GLORIFY GOD BY EDUCATING AND MINISTERING TO A COMMUNITY OF STUDENTS THROUGH BIBLICALLY-BASED PROGRAMS MARKED BY EXCELLENCE AND ANCHORED IN THE HISTORIC, EVANGELICAL AND REFORMED CHRISTIAN FAITH. 0 0 46453626 13553434 47831433 EDUCATION - STUDENTS AND PARENTS HAVE BEEN WELCOME AT GENEVA COLLEGE FOR 163 YEARS. GENEVA COLLEGE IS COMMITTED TO AND ROOTED IN A REFORMED CHRISTIAN WORLDVIEW. THE COLLEGE OFFERS UNDERGRADUATE DEGREE PROGRAMS IN THE ARTS AND SCIENCES, AND MASTERS DEGREE PROGRAMS IN COUNSELING, HIGHER EDUCATION, BUSINESS ADMINISTRATION, ORGANIZATIONAL LEADERSHIP, READING AND SPECIAL EDUCATION. THE FULL AND PART TIME STUDENT ENROLLMENT WAS: SUMMER 2010 FALL 2010 SPRING 2011 FULL TIME: 354 1,800 1,690PART TIME: 235 258 295TOTAL: 589 2,058 1,985 46453626 1 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 2708 0 1 1414 1 1 1 1 IT 0 0 0 1 1 1 1 0 0 0 1 0 X 21 18 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 PA AK AZ FL HI ME MD MI MN NH VA WA X STEPHEN ROSS ASSOC VICE PRESIDENT 7248476541 3200 COLLEGE AVE BEAVER FALLS PA 15010 MELVILLE W ADAMS 0.90 X 0 0 0 REV BRUCE R BACKENSTO 0.90 X 0 0 0 VIRGINIA H BADGER 0.90 X 0 0 0 ANDREW M BERNARD JR 0.90 X 0 0 0 INGRID L BIRDSALL 0.90 X 0 0 0 KENDELL A CHILTON 0.90 X 0 0 0 G REYNOLDS CLARK 0.90 X 0 0 0 KATHARINE L DENNIS 0.90 X 0 0 0 PHILLIP DUGUID 0.90 X 0 0 0 JOHN P EDGAR ESQ 0.90 X 0 0 0 MATTHEW FILBERT 0.90 X 0 53054 0 DR GODFREY F FRANKLIN 0.90 X 0 0 0 JOYE H HUSTON 0.90 X 0 0 0 WILLIAM C KRINER ESQ 0.90 X 0 0 0 ANDREW J MARCINKO 0.90 X 0 0 0 MICHAEL F MCDANIEL 0.90 X 0 0 0 ROBERT H MCFARLAND 0.90 X 0 0 0 DONALD W PIPER 0.90 X 0 0 0 CHARLES H POCKRAS 0.90 X 0 0 0 ALAN ROSE 0.90 X 0 0 0 JAMES D ROY 0.90 X 0 0 0 DAVID J SCHAEFER 0.90 X 0 0 0 JOEL L SILVERMAN 0.90 X 0 0 0 DR SIARHEI SPIRYDOVICH 0.90 X 0 0 0 LORI J STUCKEY 0.90 X 0 0 0 DR CALVIN L TROUP 0.90 X 0 0 0 DR DAVID A WEIR 0.90 X 0 0 0 KEITH M WING 0.90 X 0 0 0 THOMAS M YANCY 0.90 X 0 0 0 JOYCE E LYNN 0.90 X X 0 0 0 DR WILLIAM J EDGAR 0.90 X X 0 0 0 STEVEN C MCMAHAN 0.90 X X 0 0 0 KENNETH A SMITH 40.00 X 174538 0 87318 LARRY K GRIFFITH 40.00 X 133043 0 22790 KENNETH P CARSON 40.00 X 133301 0 56637 EDGARDO T VENCIO 40.00 X 84951 0 7618 JONATHAN WATT 40.00 X 123819 0 19925 564701 53054 186670 4 0 1 0 PIONEER COLLEGE CATERERS INC 12351 W 96TH TERRACE SUITE 204-W LENEXA KS 66215 CAMPUS FOOD SERVICE 2261153 ARAMARK FACILITY SERVICES 24818 NETWORK PLACE CHICAGO IL 606731248 PHYSICAL PLANT MNGMNT 494871 RENO BROTHERS INC 3406 43RD ST PO BOX 53 NEW BRIGHTON PA 15066 MECHANICAL CONTRACTING SERVICES 246229 BD&E INC 681 ANDERSEN DRIVE PITTSBURGH PA 15220 BRAND DEVELOPMENT SERVICES 194186 ADVISTOR INC 1163 PITTSFORD-VICTOR RD STE 150 PITTSFORD NY 14534 DATA MANAGEMENT 137539 10 991666 2572341 26289 3564007 TUITION AND FEES 900099 38852608 38852608 STUDENT HOUSING 900099 4090665 4086693 3972 FOOD SERVICE 900099 3684527 3684527 STUDENT SRVCS & ACTIV. 900099 1146909 1146909 CAMPUS STORE 900099 49531 49531 11165 11165 47835405 795502 795502 13307 13307 940312 187129 753183 753183 753183 CATERING 722320 60822 60822 60822 53022226 47831433 64794 1561992 13394813 13394813 158621 158621 1026929 517777 378423 130729 14746139 13574205 722801 449133 576982 525054 34619 17309 3645899 3317768 218754 109377 1120938 1020054 67256 33628 89191 13567 75624 80087 80087 187129 187129 491248 427083 58850 5315 546381 287883 232378 26120 2578879 2255257 175094 148528 489857 479728 84 10045 1296663 1254962 26031 15670 1342269 1129742 144515 68012 82488 50639 28443 3406 709267 709267 2691400 2604737 54097 32566 304628 95768 208702 158 FOOD SERVICE 2034272 2034272 INSTRUCTIONAL EXPENSE 1911945 1829459 77379 5107 MISCELLANEOUS 681133 632923 24793 23417 MEMBERSHIP & DUES 120395 63472 54033 2890 PROVISION FOR BAD DEBTS 96635 96635 81246 76575 4496 175 50485434 46453626 2950223 1081585 10135 10035 4988984 6288814 735950 568322 791526 1026586 2619852 2447608 73901682 38371880 36865639 35529802 25179254 29544530 983752 1345355 4631635 5544057 76806727 82305109 2005786 1954077 1601747 1657984 17704397 16391677 3902008 3805045 25213938 23808783 X 15542491 17954577 20751700 24414873 15298598 16126876 51592789 58496326 76806727 82305109 X 2536792 4366745 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 28217353 890561 5137090 444568 593292 167537 33039607 25341943 702616 3466289 438087 698742 156666 28217353 31809107 1280267 -6421871 1311888 13672 25341943 0.11000 0.49000 0.40000 0 1 1 1980752 1980752 49827034 22457126 27369908 22068734 15914754 6153980 25162 25162 35529802 CASH SURRENDER VALUE OF LIFE INSURANCE 450274 PERPETUAL TRUSTS HELD BY THIRD PARTIES 3742415 BOND ISSUANCE COSTS 116298 OTHER ASSETS 1235070 5544057 ANNUITIES AND LIFE INCOME TRUSTS PAYABLE 1592953 REFUNDABLE FEDERAL STUDENT LOAN FUNDS 1767068 POSTRETIREMENT BENEFIT OBLIGATION 445024 3805045 53022226 50485434 2536792 4254822 111923 4366745 6903537 43648408 4254822 111923 4366745 39281663 187129 13553434 13740563 53022226 36744871 0 36744871 187129 13553434 13740563 50485434 PART III, LINE 1A: THE COLLEGE HAS VARIOUS LITERARY, ARCHIVAL AND ARTISTIC COLLECTIONS, WHICH CONSIST OF EVANGELICAL MANUSCRIPTS, PRIVATE PAPERS, RARE BOOKS OF SEVERAL AUTHORS, AND WORKS OF ART. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE EXEMPT PURPOSE OF COLLECTIONS IS THE ADVANCEMENT OF EDUCATION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR SUPPORT OF ITS MISSION. ITS ENDOWMENT INCLUDES BOARD-DESIGNATED AND DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE COLLEGE TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE'S STATEMENTS OF FINANCIAL POSITION AT MAY 31, 2011 AND 2010 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT ON ANNUITIES: $111,923 PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT ON ANNUITIES: $111,923 PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND FUNDED SCHOLARSHIPS: $13,553,434 PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND FUNDED SCHOLARSHIPS: $13,553,434 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 GENEVA COLLEGE ADMITS STUDENTS OF ANY RACE, COLOR, SEX, RELIGION AND NATIONAL OR ETHNIC ORIGIN TO ALL OF THE RIGHTS AND PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. GENEVA DOES NOT DISCRIMINATE AGAINST STUDENTS ON THE BASIS OF RACE, COLOR, SEX, RELIGION, HANDICAP AND NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC ACTIVITIES OR OTHER SCHOOL-ADMINISTERED PROGRAMS. GENEVA COLLEGE DRAWS A MAJORITY OF ITS STUDENTS FROM THE MIDWEST AND NORTHEAST PORTIONS OF THE UNITED STATES. THE COLLEGE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY IN ITS RECRUITING OF ITS STUDENTS. THE COLLEGE ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT BASED ON THE NUMBER OF PENNSYLVANIA STATE GRANT RECIPIENTS FROM THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 1 2 PROGRAM SERVICES EDUCATION 663113 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION SCHOLARSHIPS 130703 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION SCHOLARSHIPS 4448 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION SCHOLARSHIPS 13255 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION SCHOLARSHIP 10215 CENTRAL AMERICA AND THE CARIBBEAN 0 0 FOREIGN INVESTMENTS N/A 884980 1 2 0 0 1 2 1706714 0 1706714 EUROPE (INCLUDING ICELAND & GREENLAND) TUITION FOR STUDENTS 10000 WIRE TRANSFER N/A N/A 1 0 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 29 130703 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 4448 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS EAST ASIA AND THE PACIFIC 5 13255 POSTING TO STUDENT'S ACCOUNT N/A N/A SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 2 10215 POSTING TO STUDENT'S ACCOUNT N/A N/A 1 0 0 1 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ON A SEMIMONTHLY BASIS THE ROME SITE DIRECTOR SUBMITS A BUSINESS ACTIVITY REPORT AND A COPY OF ALL RECEIPTS. THE BUSINESS ACTIVITY REPORT DETAILS THE AMOUNT, DESCRIPTION OF THE TRANSACTION AS WELL AS THE ACCOUNT THAT SHOULD BE CHARGED FOR THE TRANSACTION. THE SITE DIRECTOR ALSO SENDS A MONTHLY BANK STATEMENT SO THAT ALL BANKING TRANSACTIONS ARE PROPERLY CAPTURED ON GENEVA'S GENERAL LEDGER AND REVIEWED FOR APPROPRIATENESS. WITH RESPECT TO GENEVA STUDENTS STUDYING OUTSIDE THE U.S., THE REPORTABLE AID IS CREDITED TO STUDENT'S ACCOUNTS BY THE COLLEGE. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. 1 STUDENT SCHOLARSHIPS/FINANCIAL AID 1551 13394813 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GENEVA COLLEGE AWARDS GRANTS BASED UPON THE FOLLOWING: STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 KENNETH A SMITH 161238 0 10000 0 3300 0 8234 0 79084 0 261856 0 0 0 LARRY K GRIFFITH 133043 0 0 0 0 0 6802 0 15988 0 155833 0 0 0 KENNETH P CARSON 133301 0 0 0 0 0 6817 0 49820 0 189938 0 0 0 PART I, LINE 7 BONUSES ARE PAID FOR EXCELLENCE IN PERFORMING DUTIES. THE PRESIDENT'S BONUS IS APPROVED BY THE BOARD OF TRUSTEES. PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 232243852 2010-10-07 17124967 REFUNDING OF PA HIGHER EDUC. FACILITIES AUTHORITY REV. BONDS SERIES OF 2007 0 0 0 17124967 81890 2009 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 0 1 0 0 0 0 0 ENROLLED STUDENTS CHILDREN OF BOARD MEMBERS 53251 SEE SCH.L, PART V- FINANCIAL AID JERRYN CARSON FAMILY MEMBER OF KENNETH P. CARSON, PROVOST OF THE COLLEGE. 36732 FAMILY MEMBER IS COMPENSATED BY GENEVA COLLEGE AS A STAFF. 0 REBECCA J PHILLIPS FAMILY MEMBER OF KENNETH P. CARSON, PROVOST OF THE COLLEGE. 54252 FAMILY MEMBER IS COMPENSATED BY GENEVA COLLEGE AS A STAFF. 0 JOHN SCHAEFER FAMILY MEMBER OF DAVID J. SCHAEFER, TRUSTEE OF THE COLLEGE. 63427 FAMILY MEMBER IS COMPENSATED BY GENEVA COLLEGE AS A STAFF. 0 X 1 0 X 5 26289 FMV 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE COLLEGE USES A BROKER TO SELL SECURITIES RECEIVED AS CONTRIBUTIONS. NON REPORTING OF REVENUE: PART I, LINE 33: THE ORGANIZATION DID NOT REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET THE VALUE OF THE DONATED CAR RECEIVED. GENEVA COLLEGE WILL USE THE CAR IN FURTHERANCE OF THEIR EXEMPT PURPOSE. FORM 990, PART VI, SECTION A, LINE 2 -FAMILY RELATIONSHIP: JOHN P. EDGAR ESQ. AND DR. WILLIAM J. EDGAR -FAMILY RELATIONSHIP: DAVID SCHAEFER AND JOHN SCHAEFER -FAMILY RELATIONSHIP: KEITH WING, AND DENNIS WING -FAMILY RELATIONSHIP: MEL ADAMS, JACK WHITE AND ROY ADAMS -FAMILY RELATIONSHIP: CHARLES POCKRAS AND PHIL POCKRAS FORM 990, PART VI, SECTION A, LINE 4 THERE WERE THREE MAJOR CHANGES TO THE CHARTER AND BYLAWS OF THE COLLEGE DURING 2011. THE MEMBERSHIP OF THE GOVERNING BOARD OF CORPORATORS WAS REDUCED FROM A MINIMUM OF 15 AND A MAXIMUM OF 30 TO 12 MEMBERS. THE MEMBERSHIP OF THE BOARD OF TRUSTEES WHICH IS CHARGED WITH OVERSEEING THE OPERATIONS OF THE COLLEGE WAS ALSO REDUCED FROM 34 MEMBERS TO 21 MEMBERS. THE COMPOSITION OF BOARD OF TRUSTEES WAS ALSO REVISED. FORM 990, PART VI, SECTION A, LINE 6 GENEVA COLLEGE IS OPERATED BY THE BOARD OF TRUSTEES UNDER AUTHORITY DELEGATED BY THE BOARD OF CORPORATORS. SEE ANSWER FOR QUESTION 7A. FORM 990, PART VI, SECTION A, LINE 7A GENEVA COLLEGE IS CONTROLLED BY THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA(RPCNA). THE SYNOD OF THE RPCNA ELECTS A BOARD OF CORPORATORS. TRUSTEES SHALL BE APPOINTED BY THE BOARD OF CORPORATORS IN ACCORDANCE WITH THE FOLLOWING PROVISIONS: (THE BOARD OF TRUSTEES SHALL CONSIST OF 21 MEMBERS.) 1. SIX TRUSTEES SHALL BE APOINTED FROM THE MEMBERSHIP OF THE BOARD OF CORPORATORS AND SHALL SERVE AS MEMBERS OF BOTH THE BOARD OF CORPORATORS AND BOARD OF TRUSTEES CONCURRENTLY. 2. FIVE ADDITIONAL TRUSTEES SHALL BE APPOINTED FROM THE MEMBERSHIP OF THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA. 3. TEN TRUSTEES SHALL BE APPOINTED FROM THE MEMBERSHIP OF OTHER REFORMED AND EVANGELICAL CHRISTIAN CONGREGATIONS. IN CONSULTATION WITH THE BOARD OF CORPORATORS, THE BOARD OF TRUSTEES MAY FILL ANY VACANCY ON ITS BOARD FOR THE PERIOD PRIOR TO THE TIME A SUCCESSOR IS CHOSEN BY THE BOARD OF CORPORATORS, SUBJECT TO THE CONDITION THAT THE VACANCY SHALL BE FILLED FROM AMONG PERSONS QUALIFYING IN THE SAME CATEGORY (ABOVE) TO WHICH THE VACATING MEMBER BELONGED. FORM 990, PART VI, SECTION A, LINE 7B GENEVA COLLEGE IS A CHRISTIAN INSTITUTION OF HIGHER EDUCATION OPERATED BY A BOARD OF TRUSTEES, BUT GOVERNED BY A BOARD OF CORPORATORS. THE BOARD OF CORPORATORS HAS THE POWER TO ORDAIN AND ESTABLISH BYLAWS FOR THE REGULATION AND GOVERNMENT OF THE BUSINESS AND AFFAIRS OF GENEVA, SUBORDINATED, HOWEVER, TO THE ARTICLES OF INCORPORATION, THE CONSTITUTION AND LAWS OF THE COMMONWEALTH OF PENNSYLVANIA, THE CONSTITUTION AND LAWS OF THE UNITED STATES OF AMERICA AND THE CONSTITUTION AND LAWS OF THE REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA. THE ELECTION OF THE PRESIDENT SHALL REQUIRE THE VOTES OF A MAJORITY OF THE MEMBERS OF THE BOARD OF TRUSTEES AND SHALL BE SUBJECT TO THE APPROVAL OF A MAJORITY OF THE BOARD OF CORPORATORS. UNLESS A MAJORITY OF THE BOARD OF CORPORATORS SHALL DISAPPROVE OF SUCH ELECTION BY FORMAL ACTION TAKEN WITHIN 30 DAYS OF THE DATE OF WRITTEN NOTIFICATION OF THE ACTION BY THE BOARD OF TRUSTEES, IT SHALL BE CONCLUSIVELY PRESUMED THAT THE ELECTION HAS BEEN APPROVED. THE PRESIDENT SHALL SERVE AT THE PLEASURE OF THE BOARD OF TRUSTEES AND SHALL RECEIVE SUCH COMPENSATION AS THE BOARD OF TRUSTEES PRESCRIBES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CONTROLLER, AND EXECUTIVE VICE PRESIDENT. THE FORM 990 IS ALSO REVIEWED, DISCUSSED AND APPROVED BY THE BUSINESS COMMITTEE OF THE BOARD OF TRUSTEES. THE FORM 990 WILL BE MADE AVAILABLE TO ALL OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE VIA THE WEB AND/OR A COPY WILL BE MAILED ELECTRONICALLY TO EACH MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE ADMINISTRATIVE ASSISTANT OF THE PRESIDENT COLLECTS AND REVIEWS ALL OF THE CONFLICT OF INTEREST STATEMENTS COMPLETED BY THE BOARD OF TRUSTEES AND MAINTAINS A CHECKLIST TO ENSURE THAT SHE RECEIVES ALL OF THEM. SHE THEN DOCUMENTS ANY DISCLOSURES MADE AND FORWARDS THIS DOCUMENT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT/CEO - THE ASSOCIATE VICE PRESIDENT OF OPERATIONS AND HUMAN RESOURCES PARTICIPATES IN AND HAS ACCESS TO THE RESULTS OF A COMPENSATION SURVEY WITH OTHER CHRISTIAN COLLEGES THROUGH CUPA-HR'S DATA ON DEMAND FEATURE. THE BENCHMARK CHOSEN IS THE 60TH PERCENTILE OF CCCU SCHOOLS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY INFORMS THE DIRECTOR OF HUMAN RESOURCES OF COMPENSATION CHANGES TO THE PRESIDENT'S COMPENSATION. THE EXECUTIVE COMMITTEE KEEPS RECORDS OF THESE ACTIONS. -TOP MGMT/OTHER OFFICERS/KEY EMPLOYEES - FOR THE EXECUTIVE VICE PRESIDENT AND THE PROVOST POSITIONS, THE DIRECTOR OF HUMAN RESOURCES PROVIDES COMPENSATION DATA TO THE PRESIDENT ON THE RELATIVE PLACE OF EACH POSITION WITHIN ITS PAY RANGE. PAY RANGES ARE ESTABLISHED BASED ON BENCHMARKS TO SURVEY DATA USING THE 60TH PERCENTILE OF CCCU SCHOOLS REPORTED IN THE SURVEY. THE DIRECTOR OF HUMAN RESOURCES PARTICIPATES IN AND HAS ACCESS TO A COMPENSATION SURVEY WITH OTHER CHRISTIAN COLLEGES THROUGH CUPA-HR'S DATA ON DEMAND FEATURE. THE BENCHMARK CHOSEN IS THE 60TH PERCENTILE OF CCCU SCHOOLS. THE PRESIDENT CONSIDERS THE PREVIOUS YEAR'S PERFORMANCE AND GOAL ATTAINMENT IN MAKING COMPENSATION ADJUSTMENTS (USING A SIMILAR RAISE MATRIX USED FOR OTHER STAFF EMPLOYEE WHICH ESTABLISHES A GENERAL RAISE RANGE PARAMETER BASED ON PERFORMANCE RATING AND PAY RANGE PENETRATION). HE ALSO CONSIDERS THE RESPONSIBILITIES AND PROJECTS ACCOMPLISHED AND NEW DUTIES ASSUMED IN THE PREVIOUS YEAR. THE PRESIDENT INFORMS THE DIRECTOR OF HUMAN RESOURCES OF THE APPROPRIATE CHANGES TO EXECUTIVE COMPENSATION. THE PRESIDENT MAY ALSO DIRECT THE DIRECTOR OF HUMAN RESOURCES TO PAY RELATIVELY SMALL PERFORMANCE BONUSES FROM TIME TO TIME. FOR POSITIONS SUCH AS DEANS AND ASSOCIATE VICE PRESIDENTS FOR THE FUNCTIONAL AREAS OF THE COLLEGE, THE PROCESS FOR ESTABLISHING PAY (AND PAY INCREASES) IS THE SAME AS ABOVE EXCEPT THAT THE DECISION MAKERS FOR THESE POSITIONS REST WITH THEIR RESPECTIVE SUPERVISOR, EITHER THE PROVOST OR THE EXECUTIVE VICE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GENEVA COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY STATEMENT AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND THROUGH ITS OWN WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,254,822. ACTUARIAL ADJUSTMENT ON ANNUITIES: $111,923 111,923. TOTAL TO FORM 990, PART XI, LINE 5: 4,366,745. FORM 990, PART XI, QUESTION 2, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE COLLEGE'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA 7418 PENN AVENUE PITTSBURGH PA 15208 250987250 A CHURCH SPREADING THE GOSPEL OF JESUS CHRIST & DISCIPLING BELIEVERS. PA 501(C)(3) 170(B)(1)(A)(I) N/A 0 DOLLENA K DRANE TRUST 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256837004 PHILANTHROPY PA N/A T 58385 1212732 1.00000 EUGENE F & MARGARET MOLTRUP JANNUZI CRUT 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256796338 PHILANTHROPY PA N/A T 400721 1.00000 ELLEN E AND AGNES M SMYTH CHARITABLE REMAINDER UNITRUST 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256393944 PHILANTHROPY PA N/A T 193159 0.80000 JOSEPH JR & BETH R LAMONT CRUT 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256577521 PHILANTHROPY PA N/A T 762912 1.00000 VICTOR I & DOROTHY I MARKSON CRUT 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 251447511 PHILANTHROPY PA N/A T 32376 1.00000 WALLOVER CRUT II 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 237948399 PHILANTHROPY PA N/A T 561893 1.00000 ELDA V PERZ CRUT 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256501706 PHILANTHROPY PA N/A T 385904 1.00000 ELDA PERZ CRUT II 3200 COLLEGE AVENUE BEAVER FALLS PA 15010 256573216 PHILANTHROPY PA N/A T 196984 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA C 99836 FMV REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA R 100586 FMV