2011-03-30T15:40:57-05:00 2010-06-30 MARCUM LLP 401 E CITY AVE 600 BALA CYNWYD PA 19004 990 2009-07-01 231409675 EASTERN UNIVERSITY EAST 6103415922 1300 Eagle Road ST DAVIDS PA 190873696 pauline w berol 6103415922 2011-03-30 1 ARTHUR M SCHERR 6106676250 2009 2016-02-24 21:20:13Z polly berol 1300 EAGLE ROAD ST DAVIDS PA 19087 100346545 0 X www.eastern.edu X EDUCATIONAL SERVICES - UNIVERSITY 1952 PA EDUCATIONAL SERVICES 38 36 1898 0 786424 -25561 8582337 16795285 73736032 74385062 -382808 1033197 -26215 2407700 81909346 94621244 22392548 25129648 0 34751557 36412057 0 1382585 25128016 23785983 82272121 85327688 -362775 9293556 94915205 106170626 46224475 48186345 48690730 57984281 Eastern University is a Christian university dedicated through teaching and learning, scholarship, service, spiritual formation, student development and stewardship to the preparation of undergraduate,theological and graduate students for thoughtful and productive lives of Christian faith, leadership and service. Achievement of that mission requires that the university manage effectively and justly the resources with which it is entrusted and that students appropriate and give witness to a Christian world view-through action and voice; advance critical thinking, reflection, analysis and communication skills;develop intellectual curiosity, passion and agility; demonstrate knowledge and competencies in the arts, sciences and professions;assume responsibility for justice-especially social, political and economic justice; assume responsibility for godly stewardship of all resources; discern the ethical consequences of decisions and actions 0 0 51036015 21289872 57451001 INSTRUCTION- INCLUDES COST OF WAGES AND EXPENSES FOR ALL EDUCATIONAL AS WELL AS SUMMER AND INTERIM PROGRAMS. 8053921 8323777 ACADEMIC SUPPORT- INCLUDES COST OF LIBRARY, ACADEMIC DEAN, TREASURER'S AND BUSINESS OFFICE AND EXECUTIVE MANAGEMENT. 5505661 5690135 STUDENT SERVICES- INCLUDES COST OF REGISTRARS, FINANCIAL AID, ADMISSIONS, DEAN OF STUDENTS, HEALTH & INFIRMARY, ATHLETICS AND STUDENT GOV'T ASSOCIATION. 11258497 3839776 12466012 AUXILIARY ENTERPRISES- PROVIDE ROOM AND BOARD AND OTHER TO STUDENTS. 11258497 3839776 12466012 75854094 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 247 0 1898 1 1 1 0 0 0 0 0 0 0 0 38 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X eastern university 6103415800 1300 eagle road st davids PA 19087 DAVID BLACK 40.00 X X 184909 0 79831 DR STACEY R SAUCHUK X 0 0 0 HON LOUISE WILLIAMS BISHOP X 0 0 0 JOHN W BOYER JR X 0 0 0 MARJEAN B BRAUCH X 0 0 0 DELORES BRISBON X 0 0 0 JACOB CHATMAN X 0 0 0 STEVE CLEMENS X 0 0 0 REV DANNY CORTES X 0 0 0 REV ALBERT G DAVIS JR X 0 0 0 DR REV RICHARD A DENT X 0 0 0 RONALD B EVANS X 0 0 0 E SHEPARD FARRAR X 0 0 0 REV DR W WILSON GOODE SR X 0 0 0 W DONALD GOUGH X 0 0 0 ELEANORE V GUZEWICZ X 0 0 0 ARTHUR W HILL X 0 0 0 JOHN C HONOR JR X 0 0 0 LUCY HUFF X 0 0 0 TERESA KLAASSEN X 0 0 0 CHERYL R LOMBARD X 0 0 0 RICHARDSON T MERRIMAN X 0 0 0 STEVE O'HEARN X 0 0 0 CHARLES A OLSON III X 0 0 0 THOMAS M PETRO X 0 0 0 JANIS PLOSTNIEKS X 0 0 0 JAMES H ROGERS X 0 0 0 DR RICHARD E RUSBULDT X 0 0 0 REV DR WALLACE C SMITH PRES SEMIN 40.00 X X 0 0 66402 MALCOLM STREET X 0 0 0 JOHN SUNDQUIST X 0 0 0 DENNIS TANNER PHD X 0 0 0 JOHN M TEMPLETON JR MD X 0 0 0 F ARDELL THOMAS MD X 0 0 0 WALLACE WADMAN X 0 0 0 REV DR ALYN E WALLER X 0 0 0 KELLY WILBRAHAM X 0 0 0 MAURICE C WORKMAN X 0 0 0 WESLEY BRYAN 40.00 X 124544 0 18070 RICHARD EISENSTAEDT 40.00 X 134144 0 17909 THOMAS RIDINGTON 40.00 X 116455 0 20460 christopher hall 40.00 X 0 0 0 DAVID KING 40.00 X 121933 0 17952 DEREK RITCHIE 40.00 X 101498 0 18237 dianna bAcci 40.00 X 112712 0 17515 betty ann brigham 40.00 X 106168 0 9895 David Urban 40.00 X 100033 0 18843 1102396 0 285114 18 0 1 0 SODEXO PO BOX 905374 CHARLOTTE NC 28290 FOOD SERVICES 2669308 EBENEFITS PARTNERS LLC 3000 atrium way mt laurel NJ 08057 BENEFITS BROKER 2290871 ARTHUR JACKSON AND COMPANY 7025 WEST CHESTER PIKE UPPER DARBY PA 19082 CLEANING SERVICES 688417 tri-m group 204 GALE LANE kennett square PA 19348 contractor 397003 HL WIKER & SONS PO BOX 11055 LANCASTER PA 17605 CONSTRUCTION 315833 12 201540 5679607 10914138 49107 16795285 TUITION & FEES 611600 63721447 63721447 ROOM CHARGES 611600 5950660 5950660 DINING HALL CHARGES 611600 4638442 4638442 BOOK STORE 611600 74513 74513 74385062 829264 829264 5929234 5725301 203933 203933 203933 unrealized gain on inv 900099 987665 987665 CONFERENCES 721310 755851 755851 Gain property sale 900099 292253 292253 371931 341358 30573 2407700 94621244 65342723 786424 11696812 25129648 25129648 1086824 179542 596605 310677 28963126 26066813 2317050 579263 1501617 1351456 120129 30032 2907789 2617010 232623 58156 1952701 1757431 156216 39054 528637 528637 85200 85200 70408 63367 5633 1408 1345189 1049247 269038 26904 866555 831893 17331 17331 1283839 1001402 256770 25667 479306 373859 95861 9586 1097561 823171 252439 21951 1219983 914987 243997 60999 353652 265239 70730 17683 1623360 1217520 405840 3309691 2482268 794326 33097 305442 229082 73306 3054 EQUIPMENT RENTAL AND MA 5432764 4074573 1249536 108655 food serVICE & DINING H 2718616 2718616 SUPPLIES & EQUIPMENT 1599677 1199757 367926 31994 books, magazines, libra 1147091 1078265 57355 11471 bad debT EXPENSE 758759 758759 -439747 -329811 -105539 -4397 85327688 75854094 8091009 1382585 14478529 19411710 290641 311685 4700773 4898949 1365891 1453789 1440979 836089 107567882 45872310 53164528 61695572 10443645 10437787 7045119 4795978 508995 464871 1476105 1864196 94915205 106170626 6324435 5709102 4845974 3476326 33944910 32922116 4989178 1109156 1089623 46224475 48186345 X 35667184 38212728 2481192 2892015 10542354 16879538 48690730 57984281 94915205 106170626 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11313634 4770601 1856805 168629 127211 93536 17551664 12721440 861454 -1712931 265854 197569 92906 11313634 0.11000 0.89000 1 0 11939671 11939671 73912870 28243548 45669322 246295 41793 204502 15700896 12745745 2955151 5768150 4841224 926926 61695572 ANNUITIES PAYABLE 908423 STUDENT DEPOSITS 181200 1089623 94621244 85327688 9293556 0 9293556 94612446 35000 26610 61610 94550836 70403 70403 94621239 85318895 35000 26610 61610 85257285 70403 70403 85327688 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE INTENDED TO EARN INVESTMENT INCOME AND TO FUND FUTURE OPERATIONS. PART XII LINE 2B AND PART XIII LINE 2A: DONATED SERVICES ARE FOR PROFESSIONAL SERVICES. PART XII LINE 2D AND PART XIII LINE 2D: ADJUSTMENT TO SEMMINARY TEMPORARY RESTRICTED FUND. 1 1 1 INSTITUTION'S RACIAL NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH THE INSTITUTION'S WEBSITE. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 TITLE IV FEDERAL FUNDS ARE RECEIVED FOR STUDENT TUITION 1 SUB-SAHARAN AFRICA PROGRAM SERVICES EDUCATION 213087 SOUTH AMERICA PROGRAM SERVICES EDUCATION 101178 0 0 314265 X PA GOLF EVENT 201540 201540 70440 201540 201540 70440 70440 131100 1 SCHOLARSHIPS AND GRANTS TO STUDENTS FOR EDUCATIONAL PROGRAMS AT THE UNIVERSITY. 3621 25129648 NA Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: GRANTS ARE AWARDED TO INDIVIDUALS BASED ON COMPLIANCE WITH ELIGIBLITY REQUIREMENTS. AWARD GRANT AND ASSISTANCE AMOUNTS ARE APPLIED BY THE UNIVERSITY TO THE STUDENT TUITION BILLING. X 1 1 X 0 0 0 0 0 0 0 0 0 DAVID BLACK 184909 0 0 0 0 0 57303 0 22528 0 264740 0 269404 0 RICHARD EISENSTAEDT 134144 0 0 0 0 0 0 0 17909 0 152053 0 171460 0 DELAWARE COUNTY AUTHORITY 231973437 245913000 2006-10-26 16000000 CONSTRUCTION 0 0 15696624 985505 583215 14906634 2008 0 0 1 1 0 0 0 0 0 0.09160 0.09160 1 0 0 0 1 citigroup 9272021.000000000000 1 0 0 NOT REQUIRED NOT REQUIRED $27190 N Hall FAMILY MEMBER 2703 EMPLOYMENT COMPENSATION 0 P MUGRIDGE FAMILY MEMBER 78378 EMPLOYMENT COMPENSATION 0 E MERRIMAN FAMILY MEMBER 20689 EMPLOYMENT COMPENSATION 0 J BRAY FAMILY MEMBER 33538 EMPLOYMENT COMPENSATION 0 X 5 49107 FAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section A, line 2 T. PETRO, BOARD MEMBER, AND RICHARD EISENSTADT OFFICER, HAVE A BUSINESS RELATIONSHIP. Form 990, Part VI, Section B, line 11 Prior to filing the Form 990, the return is reviewed by the Treasurer (Chair of the Finance and Property Committee), the Chair of the Audit Sub-Committee, the Assistant Treasurer and the independent certified public accounting firm engaged to prepare the returns. THE FORM 990 IS DISTRIBUTED IN ELECTRONIC FORM TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK OF THE UNIVERSITY, AND IT IS MONITORED AND ENFORCED BY DEPARTMENTAL AND/OR DIVISIONAL MANAGERS. PART VI, SECTION B, LINE 12B- PRIOR TO THE FILING OF THE RETURNS, OFFICERS, TRUSTEES AND KEY EMPLOYEES WERE REQURIED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND ANNUAL DISCLOSURE WILL BE REQUIRED IN THE FUTURE. Form 990, Part VI, Section B, line 15a THE COMPENSATION FOR THE PRESIDENT IS ESTABLISHED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND THE PROCESS WAS LAST UNDERTAKEN IN 2010. THE COMMITTEE REVIEWS MARKET DATA AS TO COMPENSATION LEVELS FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, AND IT MAINTAINS MINUTES OF ITS MEETINGS. PART VI SECTION B, LINE 13- A WHISTELBLOWER POLICY WAS APPROVED BY THE BOARD OF TRUSTEES IN FEBRUARY 2010. Form 990, Part VI, Section C, line 19 AVAILABLE UPON REQUEST