2011-01-31T14:35:41-06:00 2010-05-31 McGRAIL MERKEL QUINN & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2009-06-01 150543962 BAPTIST BIBLE COLLEGE OF PENNSYLVANIA BAPT 5705862400 538 VENARD ROAD CLARKS SUMMIT PA 18411 HAL CROSS 5705862400 2011-01-29 1 5709610345 2011-01-29 2009 2016-02-24 21:20:13Z JAMES JEFFERY 538 VENARD ROAD CLARKS SUMMIT PA 18411 15696114 0 X WWW.BBC.EDU X 1932 PA ACCREDITED, PRIVATE CHRISTIAN ORGANIZATION PROVIDING UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS. 22 19 550 100 0 0 3484378 1368375 13080968 14003774 1158 -8929 50288 60724 16616792 15423944 0 0 8657360 8055228 0 839486 7910862 8902362 16568222 16957590 48570 -1533646 15538094 14235296 5616873 5904272 9921221 8331024 THE INSTITUTION SEEKS TO PREPARE MEN AND WOMEN THROUGH UNDERGRADUATE, GRADUATE AND SEMINARY INSTRUCTION IN BIBLICAL HIGHER EDUCATION FOR EFFECTIVENESS IN GLOBAL CHRISTIAN LEADERSHIP. 0 0 9729762 10345901 PROVISION OF EDUCATIONAL SERVICES TO STUDENTS THROUGH INSTRUCTION AND ACADEMIC SUPPORT IN FULFILLMENT OF THE INSTITUTION'S MISSION. 2173918 3690263 AUXILIARY ENTERPRISES INCLUDE ROOM, BOARD, BOOKSTORE, CAFE AND OTHER ANCILLARY FUNCTIONS OF THE INSTITUTION 11903680 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 64 0 550 1 0 0 0 0 0 0 0 0 0 22 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X GEOFFERY SHAW 5705859208 538 VENARD ROAD CLARKS SUMMIT PA 18411 JAMES JEFFERY 45.00 X X 96963 0 10233 ROBERT ALLEN 5.00 X 0 0 0 JOHN GREENING 2.00 X 0 0 0 STEVEN ADAMS 2.00 X 0 0 0 TOM BENEFIEL 2.00 X 0 0 0 KEN FLOYD 2.00 X 0 0 0 LARRY GREEN 2.00 X 0 0 0 DONN HAUSER 1.50 X 0 0 0 DAN KALLMAN 2.00 X 0 0 0 KAREN LOGAN 2.00 X 0 0 0 JOHN MCNEAL 2.00 X 0 0 0 GARY MOOSEY 2.00 X 0 0 0 DUKE CRAWFORD 2.00 X 0 0 0 WILLIAM PARK 2.00 X 0 0 0 RUSSELL PHELPS 1.50 X 0 0 0 WILLIAM PIERSON 2.00 X 0 0 0 LINDA ROORDA 2.00 X 0 0 0 DON SHIRK 2.00 X 0 0 0 RUTH TROTT 2.00 X 0 0 0 JAMES VOGEL 2.00 X 0 0 0 PAT NEMMERS 2.00 X 0 0 0 JEFF HOWELL 1.50 X 0 0 0 JAY GRAHAM 45.00 X 71814 0 8329 HAL CROSS 45.00 X 66804 0 10559 JAMES LYTLE 45.00 X 89655 0 7856 KENNETH SHEPARD 45.00 X 78218 0 10559 403454 0 47536 0 0 0 0 GEISINGER QUALITY OPTIONS 100 NORTH ACADEMY AVENUE DANVILLE PA 17822 HEALTH INSURANCE PROVIDER 1073465 PIONEER COLLEGE CATERERS 1351 W 96TH TERRACE LENEXA KS 66215 FOOD SERVICE 847178 THE MASTER'S GROUP INC 13579 PLEASANT DRIVE UNION MI 49130 CONSTRUCTION CONSULTING 606740 BOLLINGER INSURANCE GROUP 101 JFK PARKWAY SHORT HILLS NJ 07078 INSURANCE PROVIDER 178720 ARCHITECTURAL GROUP 201 SOUTH NAPPANEE STREET ELKHART IN 46514 ARCHITECTUAL SERVICES 140868 7 17790 179965 1170620 1368375 TUITION & FEES 611710 10575082 10575082 AUXILIARY ENTERPRISES 611710 3428692 3428692 14003774 56 56 3559 12544 -8985 -8985 -8985 56538 30445 26093 26093 261571 229181 32390 32390 MISCELLANEOUS 611710 2241 2241 2241 15423944 14036164 0 19405 450990 177654 184559 88777 6079043 4432358 1208675 438010 1525195 1076743 325412 123040 50054 50054 22000 22000 22104 22104 116097 116097 839372 815792 23580 311044 98503 109027 103514 230961 230961 1060066 1060066 127486 127486 EDUCATIONAL EXPENSES 5058356 5058356 ADMINISTRATIVE EXPENSES 1002257 1002257 Stewardship 62565 62565 16957590 11903680 4214424 839486 53601 43998 501825 378215 177451 166977 309189 326489 21035208 10351634 10154462 10683574 4341566 2636043 15538094 14235296 1276392 1385195 341224 454246 3999257 4045914 0 18917 5616873 5904272 X 4636525 4127650 5284696 4203374 9921221 8331024 15538094 14235296 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 412821 412821 12246334 6960340 5285994 3626422 2178116 1448306 4749631 1213178 3536453 10683574 ASSET HELD BY AFFILIATE FOR LIFE INCOME TRUSTS 313254 RECEIVABLE FROM AFFILIATE 2291189 INVESTMENT PROPERTY 31600 2636043 DUE TO GOVERNMENT ENTITIES 18917 18917 15423944 16957590 -1533646 -56551 -56551 -1590197 15692555 229181 229181 15463374 -39430 -39430 15423944 17226201 268611 268611 16957590 0 16957590 Part X: Description of Uncertain Tax Positions Under FIN 48: The Financial Accounting Standards Board issued new guidance on accounting for uncertainty in income taxes. The College adopted this new guidance for the year ended May 31, 2010. Management evaluated the College's tax positions and concluded that the College had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the College is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before May 31, 2006. Part XI, Line 8 - Other Adjustments: ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUSTS Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD Part XII, Line 4b - Other Adjustments: GOLF TOURNAMENT EXPENSES LOSS ON SALE OF ASSETS Part XIII, Line 2d - Other Adjustments: COST OF GOODS SOLD GOLF TOURNAMENT EXPENSES LOSS ON SALE OF ASSETS 1 1 1 THE NONDISCRIMINATION POLICY IS PUBLISHED ALONG WITH ADVERTISEMENTS FOR THE INSTITUTION IN SELECTED PERIODICALS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE COLLEGE PARTICIPATES IN THE DEPT. OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM.ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS. 1 GOLF TOURNAMENT 56538 56538 30445 56538 56538 30445 30445 26093 THE MASTERS GROUP ENTITY MORE THAN 35% OWNED BY DAVID BAILEY, FORMER TRUSTEE 8000 PROVIDED CONSTRUCTION CONSULTING SERIVCES TO THE INSTITUTION 0 PHELPS INSURANCE AGENCY ENTITY MORE THAN 35% OWNED BY NEPHEW OF RUSSELL PHELPS, TRUSTEE 8846 INSURANCE POLICIES AWARDED TO THE INSURANCE AGENCY THROUGH A BIDDING PROCESS 0 ALBERTA JEFFERY SPOUSE OF JAMES JEFFERY, TRUSTEE AND OFFICER 12303 EMPLOYED BY THE INSTITUTION 0 LISA KONZELMAN DAUGHTER OF ROBERT ALLEN, TRUSTEE 44073 EMPLOYED BY THE INSTITUTION 0 Form 990, Part VI, Section B, line 11 THE ORGANIZATION SENDS THE DRAFT 990 RETURN TO ALL TRUSTEES BY ELECTRONIC MEANS. A CONFERENCE CALL IS HELD WITH THE FINANCE AND AUDIT COMMITTEE APPROXIMATELY TWO WEEKS LATER IN WHICH DISCUSSION AND VOTE OCCURS PRIOR TO THE SUBMISSION DEADLINE OF THE RETURN. Form 990, Part VI, Section B, line 12c TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. Form 990, Part VI, Section B, line 15 THE INSTITUTION CONDUCTS SALARY SURVEYS TO COMPARE SALARIES WITH OTHER COLLEGES IN THE GEOGRAPHIC AREA,OTHER BIBLE AND CHRISTIAN-BASED INSTITUTIONS AND COMPARABLE WORTH ANALYSIS OF DIRECTOR AND EXECUTIVE-LEVEL POSITIONS. THIS INFORMATION IS COMPILED ANNUALLY AND REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE. Form 990, Part VI, Section C, line 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII - REPORTABLE COMPENSATION JAMES JEFFERY AND JAY GRAHAM RECIEVED HOUSING ALLOWANCES IN THE AMOUNTS OF $55,000 AND $15,833, RESPECTIVELY, THAT WERE BOTH FEDERAL AND FICA EXEMPT. THESE AMOUNTS ARE INCLUDED ON PART VII, COLUMN D, REPORTABLE COMPENSATION. BBC FOUNDATION INC 538 VENARD ROAD CLARKS SUMMIT PA 18411 232732238 RAISE FUNDS FOR THE RELATED COLLEGE PA 501(c)(3) 509(A)(3) I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 BBC FOUNDATION INC P 869931 BBC FOUNDATION INC R 17790