2012-05-08T07:08:43-05:00 2011-06-30 SMITH ELLIOTT KEARNS & COMPANY LLC 804 WAYNE AVENUE CHAMBERSBURG PA 17201 990 2010-07-01 251900793 HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY HARR 7172330902 326 MARKET STREET HARRISBURG PA 17101 DUANE F MAUN 7179015120 2012-05-07 1 7172633910 2010 2016-02-24 21:20:13Z MELVYN SCHIAVELLI 326 MARKET STREET HARRISBURG PA 17101 13521170 0 X WWW.HARRISBURGU.EDU X 2001 PA THE HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY IS AN INDEPENDENT EDUCATIONAL INSTITUTION OFFERING ACADEMIC AND RESEARCH PROGRAM IN MATHEMATICS, SCIENCE AND TECHNOLOGY DESIGNED TO MEET THE NEEDS OF THE REGION'S YOUTH, WORKFORCE, AND BUSINESSES, AND TO EXPAND, ATTRACT, AND CREATE ECONOMIC OPPORTUNITIES IN THE REGION. 29 29 96 0 0 0 3009245 8627433 3337101 4794012 -6016 11838 45565 77827 6385895 13511110 564190 913137 0 0 5489973 6014068 0 0 387448 9543722 10539174 15597885 17466379 -9211990 -3955269 94577374 91561270 78877233 79816398 15700141 11744872 X THE HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY IS AN INDEPENDENT EDUCATIONAL INSTITUTION OFFERING ACADEMIC AND RESEARCH PROGRAM IN MATHEMATICS, SCIENCE AND TECHNOLOGY DESIGNED TO MEET THE NEEDS OF THE REGION'S YOUTH, WORKFORCE, AND BUSINESSES, AND TO EXPAND, ATTRACT, AND CREATE ECONOMIC OPPORTUNITIES IN THE REGION. 0 0 10237943 913137 4883286 HARRISBURG UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND CERTIFICATE PROGRAMS IN APPLIED SCIENCE AND TECHNOLOGY FIELDS FOR A DIVERSITY OF STUDENT LEARNERS. BY INTEGRATING EXPERIENTIAL LEARNING WITH BUSINESS MENTORS AND INTERNSHIPS, HARRISBURG UNIVERSITY EDUCATES CAREER-MINDED INDIVIDUALS IN NATIONALLY CRITICAL SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREERS, GIVING THEM THE TOOLS TO SUCCEED IN A 21ST CENTURY KNOWLEDGE-BASED ECONOMY. 10237943 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 107 0 1 96 1 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DUANE F MAUN VP OF FINANCE AND CFO 7179015120 326 MARKET STREET HARRISBURG PA 17101 BENNETT CHOTINER MD 1.00 X 0 0 0 EMILY STOVER DEROCCO 1.00 X 0 0 0 ROBERT J DOLAN 1.00 X X 0 0 0 BRADLEY T FOREMAN 1.00 X 0 0 0 J RANDALL GRESPIN 1.00 X 0 0 0 BARBARA Y GROCE 1.00 X X 0 0 0 STEVEN M HOFFMAN 1.00 X 0 0 0 BRADLEY R JONES 1.00 X X 0 0 0 ROBERT JOYCE 1.00 X 0 0 0 WILLIAM V LARKIN 1.00 X 0 0 0 JESSICA E MEYERS 1.00 X 0 0 0 JOHN D MOREFIELD 1.00 X 0 0 0 PAUL NOVARRO 1.00 X 0 0 0 ROBERT A ORTENZIO 1.00 X 0 0 0 ANTHONY A PASCOTTI 1.00 X 0 0 0 MAYUR PATEL 1.00 X 0 0 0 STEPHEN R REED 1.00 X 0 0 0 W GREG ROTHMAN 1.00 X 0 0 0 G WILLIAM RUHL 1.00 X 0 0 0 ROBERT M SCAER 1.00 X X 0 0 0 DANIEL SCHWAB 1.00 X 0 0 0 RUSSEL S SWANGER JR 1.00 X 0 0 0 STEPHEN S TANG 1.00 X 0 0 0 ALAN D TODD 1.00 X 0 0 0 DAVID S WEIR 1.00 X 0 0 0 R TIMOTHY WESTON 1.00 X 0 0 0 MELVYN SCHIAVELLI 40.00 X 253003 0 1957 ERIC DARR 40.00 X 229208 0 1808 DUANE MAUN 40.00 X 182832 0 1535 WILLIAM DAVID BURNS 40.00 X 161160 0 981 CHARLES PALMER 40.00 X 137677 0 0 ANDREJ PETROSKI 40.00 X 129344 0 0 STEVEN INFANTI 40.00 X 123147 0 0 BILITA MATTES 40.00 X 122068 0 0 1338439 0 6281 10 0 1 0 PROPERTY MANAGEMENT INC PO BOX 622 LEMOYNE PA 17043 PROPERTY MANAGEMENT 437469 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 NAME SEARCH & STUDENT RECRUITMENT 343561 KEELING AND ASSOCIATES INC 453 HUDSON STREET NEW YORK NY 10014 EDUCATIONAL CONSULTING 183500 CONDOR INTERNATIONAL ADVISORS 805 15TH STREET NW WASHINGTON DC 20005 STUDENT RECRUITMENT 169314 CLARK RESOURCES 321 N FRONT STREET HARRISBURG PA 17101 GOVERNMENT RELATIONS 134000 6 7799864 827569 8627433 TUITION AND FEES 611600 4675479 4675479 MISCELLANEOUS 611600 118533 118533 4794012 10262 10262 77435 77435 77435 77435 11636 10060 1576 1576 1576 392 392 392 13511110 4883285 0 392 913137 913137 635001 126061 407303 101637 4400636 3268872 991766 139998 609036 389104 201020 18912 369395 249587 104217 15591 110469 110469 43060 3000 40060 294732 169982 59638 65112 58541 49602 8939 994566 63366 931200 251161 167434 59451 24276 17631 6085 11546 3749286 2212079 1537207 2165534 1277665 887869 170795 170795 PROFESSIONAL FEES - OTH 580054 345917 234137 PARKING 421089 145 420944 RECRUITMENT 214993 214993 PROFESSIONAL FEES - CON 204099 137652 66447 PROGRAM EXPENSE 180906 180906 1082258 462356 597980 21922 17466379 10237943 6840988 387448 270632 1649940 5348451 2810483 177785 219727 895 38079 208054 175394 72689963 6047951 68528752 66642012 20042805 20025635 94577374 91561270 1801899 1856903 8489 11560 62318567 63141325 14748278 14806610 78877233 79816398 X 10351690 8934389 5348451 2810483 15700141 11744872 94577374 91561270 -3955269 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 194200 194200 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: THE UNIVERSITY SPENT $194,200 IN PAYMENTS TO TWO LOBBYING FIRMS TO HANDLE LOBBYING EFFORTS LIMITED TO ACTIVITIES RELATING TO THE PROCUREMENT OF COMPETITIVE GRANTS ON BOTH THE STATE AND FEDERAL LEVELS. 4062768 4062768 64530178 4022941 60507237 437614 182487 255127 3163622 1536227 1627395 495781 306296 189485 66642012 DEBT ISSUANCE COSTS, NET OF AMORTIZATION 426089 SECURITY DEPOSITS 8825 BOND RESERVE FUNDS 4826194 ASSETS HELD FOR SALE 14764527 20025635 ACCRUED PAYROLL AND PAYROLL WITHHOLDINGS 321972 COMPENSATED ABSENCES 16862 TUITION DEPOSITS 459600 DEFERRED DEPOSIT ON SALE OF PROPERTY 14000000 OTHER ACCRUED EXPENSES 8176 14806610 13511110 17466379 -3955269 0 -3955269 12597973 0 12597973 913137 913137 13511110 16553242 0 16553242 913137 913137 17466379 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2011, THE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMPANY'S FINANCIAL STATEMENTS. THE COMPANY'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2011. GENERALLY, THE TAX YEARS BEFORE 2007 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAXING AUTHORITIES. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 913,137. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 913,137. 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 NONDISCRIMINATION STATEMENTS ARE INCLUDED IN ALL PUBLIC PUBLICATIONS. THE POLICY WAS ALSO PRINTED IN THE HARRISBURG PATRIOT NEWS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 U.S. DEPARTMENT OF EDUCATION FEDERAL WORK STUDY GRANT $ 9,827 FUND FOR IMPROVEMENT OF POST SECONDARY EDUCATION 233,334 CORPORATION FOR NATIONAL & COMMUNITY SERVICES LEARN & SERVE AMERICA 268,597 INSTITUTE FOR MUSEUM & LIBRARY SERVICES LIBRARY SERVICES TECHNOLOGY ACT PROJECT 16,077 COMM. OF PA - REDEVELOPMENT ASSISTANCE CAPITAL PROGRAM 6,376,438 NATIONAL SCIENCE FOUNDATION 737,959 PA DEPT. OF COMM. & ECON. DEVELOPMENT BIO TECH GRANT 86,987 PHEAA - INSTITUTIONAL ASSISTANCE GRANT 70,645 TOTAL GOVERNMENTAL AGENCY ASSISTANCE $ 7,799,864 1 HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY (HUST) INSTITUTIONAL AID 190 816137 FMV OF TUITION TO HUST SCHOLARSHIPS - VARIOUS OUTSIDE SOURCES 38 97000 FMV OF TUITION TO HUST PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE PROCESS OF AWARDING STUDENT FINANCIAL ASSISTANCE WITHOUT EXCEEDING THE STUDENT'S FINANCIAL NEED IS TRADITIONALLY CALLED FINANCIAL AID PACKAGING. "NEED" IS DEFINED AS THE COST OF ATTENDANCE [COA] (TUITION, FEES, BOOKS, ROOM & BOARD, TRANSPORTATION, AND PERSONAL EXPENSES) MINUS THE EXPECTED FAMILY CONTRIBUTION [EFC] AS DETERMINED BY THE U.S. DEPARTMENT OF EDUCATION NEED ANALYSIS FORMULAE. THE COORDINATION OF INSTITUTIONAL GRANT AID OCCURS SUBSEQUENT TO THE FEDERAL REGULATIONS REQUIREMENT THAT FEDERAL AND STATE GRANT AID AWARDS BE DETERMINED FIRST. A DETERMINATION OF AN INSTITUTIONAL "SCHOLARSHIP" AWARD IS BASED ON ACADEMIC MERIT (CUMULATIVE GRADE POINT AVERAGE) ACHIEVED IN HIGH SCHOOL OR A PREVIOUS COLLEGE. A DETERMINATION OF AN INSTITUTIONAL "GRANT" AWARD IS BASED ON "REMAINING NEED." A STUDENT MAY RECEIVE BOTH A MERIT AND NEED AWARD. ONE-HALF OF EACH AWARD IS PAID IN EACH OF TWO SEMESTERS, WHICH IS CALLED AN "ACADEMIC YEAR." ANNUAL AGGREGATE BUDGET MAXIMUMS ARE ESTABLISHED FOR EACH INSTITUTIONAL AID AWARD TITLE. ACTUAL AWARDS TO STUDENTS ARE MADE BY THE DIRECTOR OF FINANCIAL AID. THE DIRECTOR OF INSTITUTIONAL COMPLIANCE MONITORS THE NUMBER OF, AND AMOUNTS OF, INSTITUTIONAL AID AWARDED TO ENROLLED STUDENTS ON A MONTHLY BASIS THROUGHOUT THE ACADEMIC YEAR. QUARTERLY STUDENT FILE REVIEWS ARE CONDUCTED TO ENSURE THAT ALL FEDERAL, STATE AND INSTITUTIONAL AID AWARDS DO NOT EXCEED THE STUDENT'S INITIAL "NEED." ANY AWARD DETERMINED TO EXCEED NEED IS ADJUSTED IN THE SUBSEQUENT SEMESTER AS A CORRECTIVE ACTION. AT THE END OF THE ACADEMIC YEAR, A SUMMARY OF THE AWARDS AND EXPENDITURES MADE IS REVIEWED WITH THE VICE PRESIDENT FOR FINANCE AND THE PROVOST SO THAT MERIT OR NEED AID BUDGET ADJUSTMENTS, IF ANY, ARE IN PLACE FOR THE SUBSEQUENT ACADEMIC YEAR. X 0 0 0 0 0 0 0 0 0 MELVYN SCHIAVELLI 218459 0 20000 0 14544 0 0 0 1957 0 254960 0 0 0 ERIC DARR 196664 0 18000 0 14544 0 0 0 1808 0 231016 0 0 0 DUANE MAUN 153288 0 15000 0 14544 0 0 0 1535 0 184367 0 0 0 WILLIAM DAVID BURNS 153900 0 0 0 7260 0 0 0 981 0 162141 0 0 0 THE HARRISBURG AUTHORITY 236632234 41473XAB5 2007-01-11 60225000 CONSTRUCTION OF A 16-STORY ACADEMICE CENTER WITH PARKING 0 0 0 59325766 4826050 8369223 441266 45689227 2009 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0 0 SCHEDULE K, PART II, LINE 3 - TOTAL PROCEEDS OF ISSUE RECONCILE ISSUE PRICE TO TOTAL PROCEEDS PRINCIPAL AMOUNT $ 60,225,000 ADD: BORROWER'S CONTRIBUTION 4,141 LESS: UNDERWRITER'S DISCOUNT ( 903,375) TOTAL PROCEEDS OF ISSUE $ 59,325,766 BRADLEY R JONES SECRETARY OF THE BOARD OF TRUSTEES 51224 THE UNIVERSITY RENTS OFFICE AND CLASSROOM SPACE FROM A NON-PROFIT ORGANIZATION THAT EMPLOYS BRADLEY JONES. THE RENTAL AGREEMENTS ARE ARMS-LENGTH TRANSACTIONS AND BRADLEY JONES IS NOT INVOLVED IN THE NEGOTIATION OF THE RENTAL AGREEMENTS. 0 GARY NALBANDIAN BOARD TRUSTEE 38800 GARY NALBANDIAN IS THE PRESIDENT AND CEO OF METRO BANK. METRO BANK HAS ISSUED A LETTER OF CREDIT TO SUPPORT THE 2007 UNIVERSITY BONDS. THE UNIVERSITY PAYS AN ANNUAL LETTER OF CREDIT FEE TO AND HAS SEVERAL BANK ACCOUNTS WITH METRO BANK. 0 GARY NALBANDIAN BOARD TRUSTEE 3351306 GARY NALBANDIAN IS THE PRESIDENT AND CEO OF METRO BANK. METRO BANK HAS ISSUED A LETTER OF CREDIT TO SUPPORT THE 2007 UNIVERSITY BONDS. THE UNIVERSITY BORROWED ON THE LETTER OF CREDIT DURING THE REPORTING PERIOD. THE AMOUNT SHOWN IS THE PRINCIPAL AND INTEREST PAYMENTS MADE DURING THE REPORTING PERIOD. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT RETURN IS PRESENTED TO THE BOARD OF DIRECTORS BEFORE FILING AND THE FINAL RETURN IS DISCUSSED IN A BOARD MEETING PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN A DOCUMENT WHICH COVERS CONFLICTS OF INTEREST. THE MEMBERS ARE REQUIRED TO IDENTIFY POTENTIAL CONFLICTS AND SIGN THE DOCUMENT STATING WHETHER THEY HAVE A CONFLICT. IF AND WHEN CONFLICTS ARISE, BOARD MEMBERS ARE NOT ALLOWED TO PARTICIPATE IN THE DISCUSSION OR VOTING ON THE TRANSACTION TO ENSURE TRANSACTIONS ARE MADE AT ARMS LENGTH. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE (AN ARM OF THE EXECUTIVE COMMITTEE) DETERMINES THE COMPENSATION OF THE PRESIDENT, EXECUTIVE VICE PRESIDENT, AND VICE PRESIDENT OF FINANCE. THE COMMITTEE USES COMPENSATION DATA PRODUCED BY NACUBO AND COMPARISONS OF OTHER INSITITUTIONS AND THEY ATTEMPT TO FACTOR IN THE LACK OF BENEFITS PAID AND THE FACT THERE ARE NO RETIREMENT CONTRIBUTIONS BEING MADE. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.