ALBRIGHT COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ALBRIGHT COLLEGE (EIN 23-1352615)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2012-04-16
- IRS object ID
- 201231079349300603
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-16T08:08:27-05:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 MARKET STREET | AddressLine1 |
| City | WILLIAMSPORT | City |
| State | PA | State |
| ZIP Code | 17701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352615 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBRIGHT COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALBR | NameControl |
| Phone | 6109217749 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13TH BERN STREETS PO BOX 15234 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196125234 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM W WOOD | Name |
| Title | VP ADMIN & FINANCIAL SERVICES | Title |
| Phone | 6109217749 | Phone |
| Date Signed | 2012-04-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS C GREEN CPA JD | Name |
| Phone | 5703236023 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LEX O MCMILLAN III | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13TH BERN STREETS PO BOX 15234 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196125234 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 94572988 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ALBRIGHT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1928 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | PROMOTING A COMMITMENT TO LIFELONG LEARNING WITH A FOUNDATION IN THE LIBERAL ARTS & SCIENCES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1605 | TotalNbrEmployees |
| Total Nbr Volunteers | 186 | TotalNbrVolunteers |
| Total Gross UBI | 839354 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -64886 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8791224 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11490021 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 67160661 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 68380475 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1748430 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2552469 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2489562 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2415999 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 80189877 | TotalRevenuePriorYear |
| Total Revenue Current Year | 84838964 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 22561880 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23889799 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 29560884 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 30570660 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 142976 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1879688 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19545287 | OtherExpensePriorYear |
| Other Expenses Current Year | 19753986 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 71668051 | TotalExpensesPriorYear |
| Total Expenses Current Year | 74357421 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8521826 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10481543 | RevenuesLessExpensesCY |
| Total Assets BOY | 138006074 | TotalAssetsBOY |
| Total Assets EOY | 155349099 | TotalAssetsEOY |
| Total Liabilities BOY | 64618634 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 63564938 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 73387440 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 91784161 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | OUR MISSION IS TO INSPIRE AND EDUCATE THE SCHOLAR AND LEADER IN EACH STUDENT, BUILDING ON A STRONG FOUNDATION IN THE LIBERAL ARTS AND SCIENCES AND A COMMITMENT TO THE BEST OF HUMAN VALUES, FOSTERING A COMMITMENT TO A LIFETIME OF SERVICE AND LEARNING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 61483019 | Expense |
| Grants | 23889799 | Grants |
| Revenue | 68508844 | Revenue |
| Description | ALBRIGHT COLLEGE PROVIDES AN EXCELLENT LIBERAL ARTS EDUCATION AND ABUNDANT OPPORTUNITIES FOR SOCIAL, PERSONAL AND CULTURAL DEVELOPMENT. ALBRIGHT HAS ALL OF THE ADVANTAGES OF A SMALL, COEDUCATIONAL, PRIVATE COLLEGE, INCLUDING A RIGOROUS YET FLEXIBLE CURRICULUM, A 13:1 STUDENT-FACULTY RATIO AND THE SINCERE FRIENDLINESS AND WARMTH OF A CLOSE-KNIT COMMUNITY.APPROXIMATELY 1,670 FULL TIME STUDENTS ATTEND ALBRIGHT; THEY REPRESENT TWENTY-TWO STATES AND SEVENTEEN COUNTRIES. SIXTY-EIGHT PERCENT OF THE STUDENTS LIVE ON CAMPUS. INTERCOLLEGIATE, INTRAMURAL AND CLUB SPORTS ARE A MAJOR PART OF CO-CURRICULAR LIFE AT ALBRIGHT WITH ONE-QUARTER OF ALL STUDENTS PARTICIPATING IN INTERCOLLEGIATE ATHLETIC COMPETITION. THE BOLLMAN CENTER, LIFESPORTS CENTER AND THE SCHUMO CENTER FOR FITNESS AND WELL-BEING OFFER FACILITIES FOR SPORTS AND RECREATIONAL ATHLETICS. THE CENTER FOR THE ARTS IS THE FOCAL POINT FOR VERY ACTIVE VISUAL AND PERFORMING ARTS PROGRAMS AND CONTAINS STUDIOS, A THEATRE, AND THE FREEDMAN GALLERY.THROUGHOUT ITS DISTINGUISHED 155 YEAR HISTORY, ALBRIGHT HAS PROVIDED A RELEVANT EDUCATION THAT PREPARES INDIVIDUALS FOR THE CHALLENGE OF LIFELONG LEARNING. THE COLLEGE OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN THIRTY AREAS OF CONCENTRATION (MAJORS). IN ADDITION, TWENTY-TWO OTHER COMBINABLE AREAS OF CONCENTRATION AND PROGRAMS (SIMILAR TO MINORS) ARE OFFERED.ALBRIGHT'S PRE-PROFESSIONAL PROGRAMS ARE HIGHLY REGARDED. STATISTICS INDICATE THAT UPON GRADUATION APPROXIMATELY TWENTY PERCENT OF ALUMNI ENROLL IN GRADUATE OR PROFESSIONAL PROGRAMS AND THAT MORE THAN FORTY PERCENT ENROLL WITHIN FIVE YEARS OF GRADUATION. ALBRIGHT'S ACADEMIC CALENDAR IS BASED ON THE 4-1-4 CONCEPT WITH FALL, INTERIM (JANUARY) AND SPRING SEMESTERS. THE FULL-TIME COURSE LOAD FOR FALL AND SPRING IS FOUR COURSES PER SEMESTER. STUDENTS MUST SUCCESSFULLY COMPLETE THIRTY-TWO COURSES FOR GRADUATION. AMPLE OPPORTUNITIES FOR INDIVIDUALLY-DESIGNED MAJORS, COMBINED MAJOR PROGRAMS, INTERDISCIPLINARY STUDY AND INTERNSHIPS ARE AVAILABLE.SEVENTY-FOUR STUDENTS PARTICIPATE IN EITHER THE MASTER OF ARTS OR MASTER OF SCIENCE DEGREES IN EDUCATION WITH CONCENTRATIONS IN ELEMENTARY, SPECIAL AND SECONDARY EDUCATION. ALBRIGHT ALSO OFFERS ACCELERATED DEGREE PROGRAMS FOR ADULT STUDENTS.ACADEMIC ADVISING IS A VITAL PART OF THE SUPPORT SYSTEM PROVIDED FOR STUDENTS. THE ALPHA PROGRAM IS SPECIFICALLY DESIGNED FOR UNDECIDED STUDENTS. CAREER COUNSELING, PEER COUNSELING AND PRIVATE COUNSELING PROVIDE GUIDANCE FOR ALL STUDENTS. ALBRIGHT'S FULL-TIME FACULTY INCLUDES ONE HUNDRED TWENTY-THREE MEMBERS, SEVENTY-EIGHT PERCENT OF WHOM HOLD EITHER A PH.D. OR ANOTHER TERMINAL DEGREE IN THEIR FIELD OF SPECIALIZATION.A COMPLETE RANGE OF FACILITIES SUPPORTS THE ACADEMIC PROGRAMS, INCLUDING THE GINGRICH LIBRARY, THE CENTER FOR MATHEMATICS AND COMPUTING, AND THE RECENTLY EXPANDED AND RENOVATED MERNER-PFEIFFER HALL OF SCIENCE. OTHER CLASSROOM FACILITIES CONTINUE TO BE RENOVATED TO FACILITATE A TECHNOLOGY DRIVEN TEACHING CURRICULUM. | Description |
| Total Program Service Expense | 61483019 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2717 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1605 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | GK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBRIGHT COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6109217749 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13TH BERN STREETS PO BOX 15234 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196125234 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JOHN T BAILY | |||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| WC JACK MILLER | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| KAREN A RIGHTMIRE | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| ROBERT J BEALL PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT A BITTENBENDER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOAN DEVELIN COLEY PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TERRENCE R CURTIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NANETTE F CUTRONA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD A EHST | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARK T GALLAGHER ESQ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KATHLEEN J GRANT MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY W GRIFFITHS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KATHLEEN C HITTNER MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BRENT J HURLEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBIN M HYNICKA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY J JOYCE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHRIS G KRARAS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JUNE T MAIER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LORINA L MARSHALL-BLAKE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROSS D MILLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GEORGE MINNICH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| P SUE PERROTTY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES J PHILLIPS ESQ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN K ROESSNER III | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN D SCHOLL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SHERRY K SIDHU | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| IVAN L TORRES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN P WEIDENHAMMER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SCOTT R WOLFE CPA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOUGLAS N YOCOM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAY A YODER CFA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LEX O MCMILLAN III PHD | |||||||
| PRESIDENT | 40.00 | X | X | 310122 | 0 | 135392 | |
| WILLIAM W WOOD | |||||||
| VP - ADMIN & FINANCE | 40.00 | X | 133872 | 0 | 21631 | ||
| TIMOTHY A MCELWEE | |||||||
| VP FOR ADVANCEMENT | 40.00 | X | 134608 | 0 | 16090 | ||
| ANDREA E CHAPDELAINE | |||||||
| PROVOST AND VP - ACADEMIC AF | 40.00 | X | 148351 | 0 | 24537 | ||
| GREGORY E EICHHORN | |||||||
| VP - ENROLLMENT & ADMISSIO | 40.00 | X | 126061 | 0 | 22351 | ||
| GINA-LYN CRANCE | |||||||
| VP - STUDENT AFFAIRS | 40.00 | X | 103923 | 0 | 19070 | ||
| DANIEL J FALABELLA | |||||||
| PROF - COMPUTER SCIENCE | 40.00 | 137933 | 0 | 13993 | X | ||
| KAREN A CAMPBELL | |||||||
| PRE-MED BIOLOGY PROFESSOR | 40.00 | 111837 | 0 | 13058 | X | ||
| SAREL P FUCHS | |||||||
| DEAN - GRADUATE PROGRAMS | 40.00 | 126237 | 0 | 15362 | X | ||
| THOMAS D MEYERS | |||||||
| PROF - SOCIOLOGY | 40.00 | 115205 | 0 | 16192 | X | ||
| RODNEY E WARFIELD | |||||||
| CHAIR, PROF - SPECIAL ED | 40.00 | 130452 | 0 | 14272 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1578601 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 311948 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ROYALL & COMPANY | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23228 | RECRUITING SERVICE | 420731 |
| LORD AECK SARGENT | |||||
| 301 BROADWAY SUITE 400 | BETHLEHEM | PA | 18015 | ARCHITECTURAL SERVICES | 313713 |
| THE STONE HOUSE GROUP LLC | |||||
| 1201 PEACHTREE ST NE STE 300 | ATLANTA | GA | 30361 | CONTRUCTION MGMT | 189002 |
| TARGETX | |||||
| 10 CANAL STREET SUITE 205 | BRISTOL | PA | 19007 | DESIGN AND PRINTING SVCS | 187768 |
| GRENZEBACH GLIER & ASSOCIATES INC | |||||
| 401 N MICHIGAN AVENUE SUITE 2800 | CHICAGO | IL | 60611 | FUNDRAISING CONSULTANT | 164059 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 33018 | FundraisingEvents |
| Government Grants | 5009078 | GovernmentGrants |
| All Other Contributions | 6447925 | AllOtherContributions |
| Noncash Contributions | 697194 | NoncashContributions |
| Total Contributions | 11490021 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| STUDENT TUITION AND FE | 611710 | 58245958 | 58245958 | |
| AUXILIARY ENTERPRISE - | 721310 | 9506481 | 9506481 | |
| AUX ENTERPRISES AND OT | 900099 | 411016 | 369029 | $41,987 |
| AUXILIARY ENTERPRISE - | 451211 | 217020 | 217020 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 68380475 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1134021 | TotalRevenueColumn |
| Exclusion | $1,134,021 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 696333 | TotalRevenueColumn |
| Exclusion | $696,333 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 262722 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 96243 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 166479 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 166479 | TotalRevenueColumn |
| Unrelated Business Revenue | 65151 | UnrelatedBusinessRevenue |
| Exclusion | $101,328 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11038068 | Securities |
| Other | 5026 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9617069 | Securities |
| Other | 7577 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1420999 | Securities |
| Other | -2551 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1418448 | TotalRevenueColumn |
| Exclusion | $1,418,448 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13613 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 33018 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 13135 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 478 | TotalRevenueColumn |
| Exclusion | $478 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|---|
| FOOD SERVICE | 722210 | 593820 | $593,820 | ||
| CONFERENCES | 812900 | 386658 | 386658 | ||
| ATHLETICS AND AQUATIC | 900099 | 286137 | 241132 | 45005 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 286094 | TotalRevenueColumn |
| Related Or Exempt Function Income | 125351 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 146413 | UnrelatedBusinessRevenue |
| Exclusion | $14,330 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1552709 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 84838964 | TotalRevenueColumn |
| Related Or Exempt Function Income | 68508844 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 839354 | UnrelatedBusinessRevenue |
| Exclusion | $4,000,745 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23889799 | Total |
| Program Services | 23889799 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1265737 | Total |
| Program Services | 373587 | ProgramServices |
| Management And General | 696372 | ManagementAndGeneral |
| Fundraising | 195778 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22325133 | Total |
| Program Services | 16762219 | ProgramServices |
| Management And General | 4761325 | ManagementAndGeneral |
| Fundraising | 801589 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1518342 | Total |
| Program Services | 1140001 | ProgramServices |
| Management And General | 323817 | ManagementAndGeneral |
| Fundraising | 54524 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3862212 | Total |
| Program Services | 2924861 | ProgramServices |
| Management And General | 802267 | ManagementAndGeneral |
| Fundraising | 135084 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1599236 | Total |
| Program Services | 1200738 | ProgramServices |
| Management And General | 341069 | ManagementAndGeneral |
| Fundraising | 57429 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168560 | Total |
| Management And General | 168560 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75281 | Total |
| Management And General | 75281 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142976 | Total |
| Fundraising | 142976 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155353 | Total |
| Management And General | 155353 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1090790 | Total |
| Program Services | 561494 | ProgramServices |
| Management And General | 485170 | ManagementAndGeneral |
| Fundraising | 44126 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 567436 | Total |
| Program Services | 481597 | ProgramServices |
| Management And General | 85839 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4025480 | Total |
| Program Services | 3615963 | ProgramServices |
| Management And General | 325312 | ManagementAndGeneral |
| Fundraising | 84205 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 676842 | Total |
| Program Services | 59133 | ProgramServices |
| Management And General | 616552 | ManagementAndGeneral |
| Fundraising | 1157 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2486 | Total |
| Program Services | 2486 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3225979 | Total |
| Program Services | 3152513 | ProgramServices |
| Management And General | 62879 | ManagementAndGeneral |
| Fundraising | 10587 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 620700 | Total |
| Program Services | 538586 | ProgramServices |
| Management And General | 56593 | ManagementAndGeneral |
| Fundraising | 25521 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409393 | Total |
| Program Services | 261378 | ProgramServices |
| Management And General | 129103 | ManagementAndGeneral |
| Fundraising | 18912 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1114399 | Total |
| Program Services | 1010537 | ProgramServices |
| Management And General | 88894 | ManagementAndGeneral |
| Fundraising | 14968 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3326433 | Total |
| Program Services | 3016410 | ProgramServices |
| Management And General | 265345 | ManagementAndGeneral |
| Fundraising | 44678 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 613682 | Total |
| Program Services | 555517 | ProgramServices |
| Management And General | 49783 | ManagementAndGeneral |
| Fundraising | 8382 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT ACQUISITION, | 674593 | 559042 | 84105 | 31446 |
| RECRUITMENT & RETENTION | 571438 | 571438 | ||
| FINANCING ACTIVITY EXPE | 461447 | 461447 | ||
| BAD DEBT EXPENSE | 401489 | 401489 | ||
| BANK AND CREDIT CARD CH | 211800 | 211800 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1360405 | Total |
| Program Services | 805720 | ProgramServices |
| Management And General | 346359 | ManagementAndGeneral |
| Fundraising | 208326 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74357421 | Total |
| Program Services | 61483019 | ProgramServices |
| Management And General | 10994714 | ManagementAndGeneral |
| Fundraising | 1879688 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 283699 | BOY |
| EOY | 71838 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12188543 | BOY |
| EOY | 7914815 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2219581 | BOY |
| EOY | 5107921 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51227 | BOY |
| EOY | 1021796 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 518 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3175802 | BOY |
| EOY | 2742408 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 237617 | BOY |
| EOY | 204466 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 433442 | BOY |
| EOY | 560666 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 128116329 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 50910664 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62285281 | BOY |
| EOY | 77205665 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31758548 | BOY |
| EOY | 36550847 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5029712 | BOY |
| EOY | 9064620 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20342622 | BOY |
| EOY | 14903539 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138006074 | BOY |
| EOY | 155349099 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13613879 | BOY |
| EOY | 14479028 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2320724 | BOY |
| EOY | 2355445 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3244943 | BOY |
| EOY | 2802246 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42690769 | BOY |
| EOY | 41390482 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2748319 | BOY |
| EOY | 2537737 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64618634 | BOY |
| EOY | 63564938 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19804211 | BOY |
| EOY | 33772042 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23803538 | BOY |
| EOY | 25212239 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29779691 | BOY |
| EOY | 32799880 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73387440 | BOY |
| EOY | 91784161 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138006074 | BOY |
| EOY | 155349099 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 10481543 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 7915178 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35697844 | BeginningOfYearBalance |
| Contributions | 1647252 | Contributions |
| Investment Earnings Or Losses | 8832208 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 776300 | GrantsOrScholarships |
| Other Expenditures | 1038117 | OtherExpenditures |
| Administrative Expenses | 137197 | AdministrativeExpenses |
| End Of Year Balance | 44225690 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32108490 | BeginningOfYearBalance |
| Contributions | 299842 | Contributions |
| Investment Earnings Or Losses | 5514996 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 810800 | GrantsOrScholarships |
| Other Expenditures | 1263011 | OtherExpenditures |
| Administrative Expenses | 151673 | AdministrativeExpenses |
| End Of Year Balance | 35697844 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42985782 | BeginningOfYearBalance |
| Contributions | 613961 | Contributions |
| Investment Earnings Or Losses | -9535278 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 676723 | GrantsOrScholarships |
| Other Expenditures | 1087415 | OtherExpenditures |
| Administrative Expenses | 191837 | AdministrativeExpenses |
| End Of Year Balance | 32108490 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.20300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.51900 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27800 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2178536 | OtherCostOrOtherBasis |
| Book Value | 2178536 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 88631482 | OtherCostOrOtherBasis |
| Depreciation | 31431496 | Depreciation |
| Book Value | 57199986 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 70480 | OtherCostOrOtherBasis |
| Depreciation | 70480 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18258911 | OtherCostOrOtherBasis |
| Depreciation | 12668493 | Depreciation |
| Book Value | 5590418 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18976920 | OtherCostOrOtherBasis |
| Depreciation | 6740195 | Depreciation |
| Book Value | 12236725 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 77205665 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| OFFSHORE HEDGE FUND | 3792182 | F |
| OFFSHORE EQUITY FUND | 698951 | F |
| DOMESTIC EQUITY FUNDS | 4573487 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9064620 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS HELD IN TRUST BY OTHERS | 9850161 |
| DEPOSITS HELD BY BOND TRUSTEES | 2631491 |
| DEFERRED FINANCING COSTS | 163734 |
| MISCELLANEOUS RECEIVABLES | 2102839 |
| OTHER ASSETS | 155314 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 14903539 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| EARLY RETIREMENT | $591,618 |
| POST RETIREMENT HEALTHCARE BENEFITS | $477,964 |
| OTHER LIABILITIES | $128,200 |
| CHARITABLE GIFT ANNUITY CONTRACT LIABILITIES | $1,339,955 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2537737 | TotalOfAmounts |
| Total Revenue | 84838964 | TotalRevenue |
| Total Expenses | 74357421 | TotalExpenses |
| Excess Or Deficit For Year | 10481543 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7915178 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 7915178 | TotalAdjustments |
| Excess Or Deficit Per FS | 18396721 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 69065367 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7915178 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 31962 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -23469161 | OtherRevenues |
| Revenue Not Rptd F990 | -15522021 | RevenueNotRptdF990 |
| Revenue Subtotal | 84587388 | RevenueSubtotal |
| Investment Expenses Not Included | 256697 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -5121 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 251576 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 84838964 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 50639667 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 31962 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 540403 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 572365 | ExpensesNotRptdF990 |
| Expenses Subtotal | 50067302 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 256697 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 24033422 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 24290119 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 74357421 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE COLLEGE DOES NOT ASSIGN VALUES TO COLLECTION ITEMS. COLLECTION ITEMS ARE GENERALLY HELD FOR EDUCATIONAL PURPOSES AND ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER. | |
| PART III, LINE 4: | ALBRIGHT COLLEGE MAINTAINS A DIVERSE COLLECTION OF TWO AND THREE DIMENSIONAL WORKS OF ART ACROSS THE CAMPUS. THE MAJORITY OF THE WORKS OF ART ARE ORIGINAL PRINTS AND PHOTOGRAPHS FROM THE 1960S UP TO THE 1990S, WITH AN EMPHASIS ON WORKS BY AMERICAN ARTISTS. ALL WORKS OF ART ARE AVAILABLE FOR STUDY AND RESEARCH BY STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC. EXHIBITIONS AND EDUCATIONAL PROGRAMS ARE DEVELOPED AROUND VARIOUS ASPECTS OF THE WORKS OF ART FOR THE CAMPUS AND THE GENERAL PUBLIC. SOME EDUCATIONAL PROGRAMS ARE DEVELOPED SPECIFICALLY FOR K-12 SCHOOL GROUPS AND ADULTS FROM THE REGION IN THE FREEDMAN GALLERY, WHILE OTHER PROGRAMS AND WORKS OF ART ARE TAKEN DIRECTLY TO OFFSITE EDUCATIONAL INSTITUTIONS. WORKS OF ART ARE FREQUENTLY TAKEN INTO CLASSES FOR LECTURES AND TRAINING PURPOSES. MANY OF THE WORKS OF ART ARE AVAILABLE FOR USE BY OTHER EDUCATIONAL INSTITUTIONS. ALL WORKS OF ART ARE HANDLED BY SPECIFICALLY TRAINED STAFF AND STUDENTS. | |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO SUPPORT STUDENT FINANCIAL AID, INSTRUCTION AND OTHER COLLEGE OPERATIONS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE COLLEGE FOLLOWS THE FASB GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF THE FASB GUIDANCE RELATED TO ACCOUNTING FOR INCOME TAXES EFFECTIVE JUNE 1, 2007. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE GUIDANCE ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS MEETING THE RECOGNITION CRITERIA IN 2011 AND 2010. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| REVENUE OF SUBSIDIARY (NTSI) 564,261. REVENUE OF NTSI WHICH WAS COLLEGE EXPENSE -143,623. STUDENT AID -23,889,799. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| REVENUE FOR SERVICES PROVIDED BY SUBSIDIARY (NTSI) 104,256. RENTAL EXPENSES -96,243. FUND RAISING EVENT EXPENSE -13,134. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| TOTAL EXPENSE OF SUBSIDIARY (NTSI) 535,282. SUBSIDIARY'S INTERORGANIZATIONAL EXPENSES -104,256. RENTAL EXPENSES 96,243. FUND RAISING EVENT EXPENSE 13,134. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| STUDENT AID 23,889,799. COLLEGE EXPENSE WHICH WAS SUBSIDIARY'S REVENUE 143,623. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 0 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | ALBRIGHT COLLEGE HAS SATISFIED THE PUBLICITY REQUIREMENT OF IRS REVENUE PROCEDURE 75-50, 1975-2 C.B. 587 SECTION 4.03 BY COMPLYING WITH SECTION 4.02. THE COLLEGE DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND FROM A LARGE GEOGRAPHIC AREA AND ENROLLS MINORITY STUDENTS IN MEANINGFUL NUMBERS, AND, THEREFORE, MEETS THE CONDITION IN SECTION 4.03 - 2(B). THE COLLEGE'S NONDISCRIMINATORY POLICY IS CONTAINED IN ITS SOLICITATION LITERATURE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | ALBRIGHT COLLEGE PARTICIPATES IN STUDENT FINANCIAL AID ASSISTANCE PROGRAMS OF VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) PROGRAM, FEDERAL WORK STUDY (FWS) PROGRAM, AND THE PERKINS LOAN PROGRAM. STATE PROGRAMS FOR STUDENTS INCLUDE THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY'S (PHEAA) GRANT PROGRAM AND THE PHEAA'S MATCHING FUNDS PROGRAMS WHICH SUPPLEMENTS THE FWS PROGRAM. IN ADDITION, THE COLLEGE IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY VARIOUS LOCAL, STATE, AND FEDERAL AGENCIES, INCLUDING THE NATIONAL SCIENCE FOUNDATION (NSF) AND THE NATIONAL ENDOWMENT FOR THE ARTS (NEA). GENERAL SUPPORT IS PROVIDED TO ALBRIGHT COLLEGE BY THE COMMONWEALTH OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT (IAG) PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRENZEBACH GLIER & ASSOCIATES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 88277 DEPT A | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606801277 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CONSULTING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 142976 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 142976 | TotalRetainedByContractors |
| Licensed States | PA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | RED & WHITE GOLF | NameOfEvent1 |
| Gross Receipts Event1 | 46631 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 33018 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13613 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 81 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 6201 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 5228 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 333 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 1292 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 46631 | GrossReceiptsTotal |
| Charitable Contributions Total | 33018 | CharitableContributionsTotal |
| Gross Revenue Total Events | 13613 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 81 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 6201 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 5228 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 333 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 1292 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 13135 | DirectExpenseSummaryEvents |
| Net Income Summary | 478 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (13 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|
| TRUSTEE GRANTS | 1070 | 7947213 | N/A |
| PRESIDENTIAL SCHOLARSHIP / DEAN | 339 | 4162175 | N/A |
| ALUMNI SCHOLARSHIP | 403 | 3534000 | N/A |
| JACOB ALBRIGHT SCHOLARSHIP | 139 | 2625000 | N/A |
| EUGENE SHIRK SCHOLARSHIP | 98 | 1544700 | N/A |
| ENDOWED SCHOLARSHIPS | 224 | 1024640 | N/A |
| SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS | 425 | 839250 | N/A |
| COMMUNITY SERVICE LEADERSHIP SCHOLARSHIPS | 61 | 333500 | N/A |
| NATIONAL HONOR SOCIETY SCHOLARSHIPS | 373 | 359025 | N/A |
| COLEMAN AWARDS | 110 | 394375 | N/A |
| GENERAL SCHOLARSHIPS - PARTNERSHIP | 235 | 214722 | N/A |
| TALENT AWARDS | 85 | 180000 | N/A |
| OTHER SCHOLARSHIPS, GRANTS AND AWARDS | 278 | 731199 | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER INFORMATION: | Identifier |
| Return Reference | PART IV: | ReturnReference |
| Explanation | THE COLLEGE MAKES GRANTS TO STUDENTS BASED UPON FINANCIAL NEED AND ACADEMIC EXCELLENCE. THE SELECTION OF GRANT RECIPIENTS IS MADE BASED UPON OBJECTIVE CRITERIA. NO ONE IS DISCRIMINATED AGAINST BASED UPON RACE, RELIGION, GENDER, ETHNIC BACKGROUND, AGE, HANDICAP OR ANY OTHER REASON. THE FINANCIAL AID DEPARTMENT ASSESSES AND MONITORS THE ELIGIBILITY AND AWARDING OF GRANTS AND SCHOLARSHIPS TO STUDENTS. IT IS ASSISTED IN ITS ON-GOING REVIEW BY THE RESOURCES OF THE REGISTRAR AND STUDENT ACCOUNTS DEPARTMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LEX O MCMILLAN III PHD | |||||||||||||
| 269622 | 0 | 40500 | 0 | 0 | 0 | 70600 | 0 | 64792 | 0 | 445514 | 0 | 0 | 0 |
| WILLIAM W WOOD | |||||||||||||
| 132872 | 0 | 1000 | 0 | 0 | 0 | 13900 | 0 | 7731 | 0 | 155503 | 0 | 0 | 0 |
| TIMOTHY A MCELWEE | |||||||||||||
| 133608 | 0 | 1000 | 0 | 0 | 0 | 6689 | 0 | 9401 | 0 | 150698 | 0 | 0 | 0 |
| ANDREA E CHAPDELAINE | |||||||||||||
| 147351 | 0 | 1000 | 0 | 0 | 0 | 14592 | 0 | 9945 | 0 | 172888 | 0 | 0 | 0 |
| DANIEL J FALABELLA | |||||||||||||
| 137030 | 0 | 903 | 0 | 0 | 0 | 9068 | 0 | 4925 | 0 | 151926 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A COLLEGE OWNED HOUSE IS PROVIDED AS A RESIDENCE FOR THE PRESIDENT AND FAMILY. BECAUSE IT IS ALSO USED FOR COLLEGE MEETINGS, EVENTS AND OTHER BUSINESS, IT IS NOT TREATED AS A TAXABLE BENEFIT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT IS PROVIDED MEMBERSHIP TO A LOCAL COUNTRY CLUB TO FACILITATE THE CONDUCT OF COLLEGE BUSINESS AND CONSEQUENTLY IT IS NOT TREATED AS A TAXABLE BENEFIT. |
| PART I, LINE 7 | THE PRESIDENT IS ELIGIBLE FOR A BONUS AT THE DISCRETION OF THE BOARD OF TRUSTEES. SUCH A NON-FIXED PAYMENT WAS MADE DURING 2010. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| THE BERKS COUNTY MUNICIPAL AUTHORITY | |||||||
| 236647630 | 084536GQ8 | 2004-01-08 | 23861485 | CONSTRUCTION OF FACILITY & REFUNDING OF PRIOR ISSUE (10/13/93) | 0 | 0 | 0 |
| THE BERKS COUNTY MUNICIPAL AUTHORITY | |||||||
| 236647630 | 084537AB5 | 2010-12-30 | 25500000 | REFUND PRIOR ISSUE (11/20/08) | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|
| 7950000 | 23980122 | 1800968 | 283593 | 5489792 | 16405770 | 2005 | 1 | 0 | 1 | 1 |
| 25500000 | 25500000 | 2010 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|---|
| WACHOVIA BANK NA | ||||||||||
| 0 | 0 | 0 | 1 | 20.700000000000 | 1 | 0 | 1 | |||
| WACHOVIA BANK NA | ||||||||||
| 0 | 1 | 1 | 0 | 0 | 1 | 7.900000000000 | 0 | 0 | ||
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K SUPPLENTAL INFORMATION | PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
| PART III LINE 3 | THERE ARE NO MANAGEMENT OR SERVICE CONTRACTS OR RESEARCH AGREEMENTS RELATING TO THE FINANCED PROPERTIES FOR EITHER BOND ISSUE. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM WOOD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Purpose Of Loan | LOAN PROGRAM FOR COMPUTER PURCHASE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $1,131 | OriginalPrincipalAmount |
| Balance Due | 518 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 0 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 518 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9762 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | NADA GUIDE (INTERNET) | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 687432 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET QUOTATIONS | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE COLLEGE LIQUIDATES ALL SECURITIES RECEIVED PRINCIPALLY THROUGH THE FINANCIAL INSTITUTIONS WHO HAVE FIDUCIARY AND CUSTODIAL RESPONSIBILITY FOR ITS INVESTMENT PORTFOLIO. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | IN FISCAL YEAR 2010, THE COLLEGE BEGAN THE USE OF A CONSULTANT TO MANAGE ITS INFORMATION TECHNOLOGY SERVICES DEPARTMENT. ALSO, THE COLLEGE ENGAGED BARNES AND NOBLES COLLEGE BOOKSTORE, LLC TO OPERATE AND PROVIDE SERVICES FOR THE COLLEGE'S BOOKSTORE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 WAS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. UPON APPROVAL, THE PUBLIC DISCLOSURE VERSION OF THE RETURN IS POSTED ON THE BOARD OF TRUSTEES' INTRANET SITE FOR THE FULL BOARD'S ACCESS PRIOR TO FILING WITH THE IRS. | |
| ARTICLE XI, CONFLICT OF INTEREST,OF THE BOARD OF TRUSTEES BYLAWS REQUIRES ALL OF THE COLLEGE'S TRUSTEES AND OFFICERS TO SIGN A "CONFLICT OF INTEREST DISCLOSURE STATEMENT" ANNUALLY ACKNOWLEDGING HIS OR HER AFFIRMATIVE DUTY TO DISCLOSE CONFLICTS OF INTEREST, AND/OR POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES' TRUSTEESHIP AND GOVERNANCE COMMITTEE ROUTINELY REVIEWS AND DISCUSSES POTENTIAL CONFLICTS OF INTEREST. THE COLLEGE WILL NOT TRANSACT BUSINESS WITH ANY ENTITY IN WHICH A TRUSTEE AND/OR OFFICER HAS AN INTEREST UNLESS SUCH INTEREST IS APPROPRIATELY DISCLOSED; THE INTERESTED TRUSTEE/OFFICER ABSTAINS FROM DELIBERATION OR VOTING ON THE MATTER; AND THE ACTION OR TRANSACTION IS DOCUMENTED AS CLEARLY IN THE BEST INTEREST OF THE COLLEGE. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE PRESIDENT IS THE COLLEGE'S CHIEF EXECUTIVE OFFICER. ARTICLE V OF THE BOARD OF TRUSTEES BYLAWS REQUIRES THAT THE PRESIDENT IN CONJUNCTION WITH THE COMPENSATION COMMITTEE DEVELOP ANNUAL PERFORMANCE OBJECTIVES FOR APPROVAL BY THE FULL BOARD. IT FURTHER REQUIRES THAT THE COMPENSATION COMMITTEE DETERMINE THE PRESIDENT'S COMPENSATION BASED ON THE ANNUAL PERFORMANCE ASSESSMENT AND REPORT SUCH FOR APPROVAL BY THE BOARD OF TRUSTEES. THE COMPENSATION OF OTHER OFFICERS (VICE-PRESIDENTS) AND ANNUAL PERFORMANCE ASSESSMENTS ARE THE RESPONSIBILITY OF THE PRESIDENT. ON AN ANNUAL BASIS, THE COLLEGE UTILIZES THE SERVICES OF A CONSULTANT WITH EXPERTISE IN NOT-FOR-PROFIT EXECUTIVE COMPENSATION TO REVIEW EXECUTIVE COMPENSATION LEVELS THROUGH PARTICIPATION IN THEIR EXECUTIVE COMPENSATION SURVEY FOR COLLEGES AND UNIVERSITIES. THESE SURVEYS GIVE COMPARATIVE DATA, INCLUDING SALARIES FOR EXECUTIVE LEVEL OFFICIALS (PRESIDENT AND VICE-PRESIDENTS), TO ENSURE THAT COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. THE PRESIDENT, IN CONCERT WITH THE ASSOCIATE VICE-PRESIDENT OF HUMAN RESOURCES, IS RESPONSIBLE FOR REVIEWING AND ESTABLISHING ONGOING SALARY LEVELS FOR THE RESPECTIVE VICE-PRESIDENTS. MINUTES ARE KEPT OF ALL BOARD OF TRUSTEE MEETINGS AND COMMITTEE MEETINGS, INCLUDING THE COMPENSATION COMMITTEE. WITH REGARD TO VICE-PRESIDENTS, PERFORMANCE ASSESSMENTS AND EVALUATIONS ARE DOCUMENTED IN THEIR RESPECTIVE PERSONNEL FILES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE COLLEGE' WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 7,915,178. | FORM 990, PART XI, LINE 5: |
| THE COLLEGE HAS ENDOWMENT FUND INVESTMENTS WITH MANAGEMENT COMPANIES LOCATED IN THE CAYMAN ISLANDS AND GUERNSEY (CHANNEL ISLANDS). | FORM 990, PART V, LINE 4A: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH THIRTEENTH STREET INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13TH BERN STREETS PO BOX 14988 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196124988 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232362385 | EIN |
| Primary Activity | REAL ESTATE RENTAL | PrimaryActivity |
| Legal Domicile State | PA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 564261 | ShareOfTotalIncome |
| Share Of EOY Assets | 944184 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NORTH THIRTEENTH STREET INC | ||
| D | 595220 | LOAN BALANCE - FMV |
| NORTH THIRTEENTH STREET INC | ||
| I | 48000 | FMV |
| NORTH THIRTEENTH STREET INC | ||
| J | 190209 | FMV |
| NORTH THIRTEENTH STREET INC | ||
| K | 40056 | FMV |
| NORTH THIRTEENTH STREET INC | ||
| N | 97622 | FMV |
| NORTH THIRTEENTH STREET INC | ||
| P | 40359 | FMV |
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