2011-05-13T10:58:57-05:00 2010-06-30 BAKER TILLY VIRCHOW KRAUSE LLP 115 South 84th Street Suite 400 Milwaukee WI 53214 990 2009-07-01 231353385 Susquehanna University SUSQ 5703724128 514 University Avenue Selinsgrove PA 178701164 Michael A Coyne 5703724128 2011-05-12 1 Troy E Marine CPA 4147775500 2011-05-12 2009 2016-02-24 21:20:13Z L Jay Lemons 514 University Avenue Selinsgrove PA 178701164 98493097 0 X www.susqu.edu X 1859 PA To educate undergraduate students for productive, creative, and reflective lives of achievement, leadership, and service in a diverse and interconnected world. 36 30 1980 980 107423 -735 11735410 11146238 77840937 85574193 399133 141422 1595458 1631244 91570938 98493097 25412017 28733225 0 33563876 37225376 45816 13685 2378606 28224471 29116230 87246180 95088516 4324758 3404581 274742313 286290360 87249378 86549074 187492935 199741286 To educate undergraduate students for productive, creative, and reflective lives of achievement, leadership, and service in a diverse and interconnected world. 0 0 85235228 28733225 85574193 Providing a comprehensive post-secondary educational experience to 2,231 (FTE) students. 85235228 1 1 0 1 0 0 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 1 139 0 1 1980 1 1 1 1 UK 0 0 0 0 0 0 0 36 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR CA CO CT FL GA IL KS KY ME MD MA NH NJ NY OH TN UT VA WA DC WV X X Michael A Coyne 5703724128 514 University Ave Selinsgrove PA 17870 Alan Bennett 1.00 X 0 0 0 Barry Jackson 1.00 X 0 0 0 Bonnie Bucks Reece 1.00 X 0 0 0 bruce ficken 1.00 X 0 0 0 Charles DeBrunner 1.00 X 0 0 0 David Steinau 1.00 X 58192 0 9923 Dawn Mueller 1.00 X X 0 0 0 Edward Schmidt 1.00 X 0 0 0 Frank Leber 1.00 X 0 0 0 Frank Trembulak 1.00 X 0 0 0 Gail Short Hanson 1.00 X 0 0 0 George Liberopoulos 1.00 X 0 0 0 Harold O'Connor 1.00 X 0 0 0 James Summers 1.00 X 0 0 0 Jeffrey Roush 1.00 X 0 0 0 John Carpenter 1.00 X X 0 0 0 John Strangfeld 1.00 X X 0 0 0 Kathi Flack 1.00 X 0 0 0 Kyle Robertson 1.00 X 0 0 0 Linda Fetterolf 1.00 X 0 0 0 Mark Burkhardt 1.00 X 0 0 0 Marsha Lehman 1.00 X 0 0 0 Martin Ortenzio 1.00 X 0 0 0 MArtin Pinter 1.00 X 0 0 0 Michael Collins 1.00 X 0 0 0 Morgan Rhinehart 1.00 X 0 0 0 Michelle DeMary 1.00 X 43732 0 9632 Peter Nunn 1.00 X X 0 0 0 John Yost 1.00 X 0 0 0 Paul Gausmann 1.00 X 0 0 0 Robert Gronlund 1.00 X 0 0 0 Salvatore Fazzolari 1.00 X 0 0 0 Sandra Rocks 1.00 X 0 0 0 Sidney Apfelbaum 1.00 X 0 0 0 Signe Gates 1.00 X X 0 0 0 William Lewis 1.00 X 0 0 0 William Sordoni 1.00 X 0 0 0 SARA Kirkland 55.00 X 213591 0 37902 Larry Jay Lemons 55.00 X 336989 0 83796 Linda McMillin 55.00 X 186843 0 22728 Michael Coyne 55.00 X 172956 0 26868 Jerrell Habegger 55.00 X 118152 0 18508 Alicia Jackson 55.00 X 149506 0 19041 Deborah Stieffel 55.00 X 153536 0 22414 Philip Winger 55.00 X 119230 0 23322 Ronald Cohen 55.00 X 150060 0 23829 1702787 0 297963 21 0 1 0 0 1473664 9672574 284008 11146238 Tuition, Room & Board 900099 85574193 85574193 85574193 136850 136850 4572 4572 Related Programming 812900 1523821 1523821 Other 812900 107423 107423 1631244 98493097 87098014 107423 141422 115876 115876 28605349 28605349 12000 12000 1043952 212380 831572 26391899 22123688 2813516 1454695 2082516 1783586 174179 124751 5876807 5417512 269585 189710 1830202 1516201 215504 98497 170227 170227 81078 81078 55548 55548 13685 13685 352000 352000 1181677 870813 287914 22950 2962647 2409196 415456 137995 1050398 21575 1028823 2912580 2888611 18677 5292 1269158 1060936 82446 125776 1049250 913941 132233 3076 1696594 1696594 7303265 7303265 119326 119326 Food Services 3588649 3588649 Off Campus Study 1269634 1269634 Equipment/R&M 1039628 957656 76326 5646 Library Materials 373216 373216 2641355 1843245 601577 196533 95088516 85235228 7474682 2378606 31245 5852 4927705 3750025 13418363 13059660 1345453 1314275 4536 37641 353714 320349 1023129 569143 211509588 80010631 116522371 131498957 109466775 114710668 21561932 14977761 3466767 3397928 2620323 2648101 274742313 286290360 7359716 7963483 1803316 1624109 72114756 70922276 5971590 6039206 87249378 86549074 X 98823291 101957907 32587887 35627040 56081757 62156339 187492935 199741286 274742313 286290360 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 2418 1 53130 0 0 55548 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: Fees were paid for consulting assistance to obtain Pennsylvania State and Federal government funds. 889232 X X X X 0 83712093 6099081 7611337 1349063 3063554 93009894 118609314 2387337 -32336722 1321951 3625885 83712093 0.20000 0.80000 0.00000 1 0 2547490 2547490 168834488 51898955 116935533 29879166 22233986 7645180 10248444 5877690 4370754 131498957 Real Estate 10838800 F Funds Held in Trust by Others 2997412 F Private Equity 1141549 F 14977761 Annuities Payable 1695260 Funds Held in Custody for Others 1025732 Other 991336 US Government Advances Refundable 1855400 FIN47 471478 6039206 98493097 95088516 3404581 3959309 352000 4532461 8843770 12248351 106984867 3959309 4532461 8491770 98493097 0 98493097 94736516 0 94736516 352000 352000 95088516 Part III, Line 4: The majority of SU's art collection is 1,600 French posters. These are researched and exhibited by French students and faculty members. They are archived in a vault for preservation. Part V, Line 4: Description of Intended Use of Endowment Funds: SU's endowment supports the following areas: academic & student support (43%), scholarships (30%), other operations & facilities (27%). Part XI, Line 8 - Other Adjustments: Endowment Income: 4532461. Part XII, Line 2d - Other Adjustments: Endowment Income: 4532461. Part XIII, Line 4b - Other Adjustments: Investment Management Fees: 352000. 1 1 1 The university draws a substantial percentage of its students nationwide and includes a racially nondiscriminatory policy as to students in all its brochures and catalogues dealing with student admissions, programs, and scholarships. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 SUSQUEHANNA UNIVERSITY RECEIVES THE FOLLOWING TYPES OF FEDERAL AID: PELL GRANTS, SEOG GRANTS, WORK STUDY GRANTS, AND PHEAA STATE GRANTS. 1 1 Europe 0 0 Program services Study Abroad Program 1620439 Sub-Saharan Africa 0 0 Program Services Study Abroad Program 70939 East Asia and the Pacific 0 0 Program Services Study Abroad Program 234535 South America 0 0 Program Services Study Abroad Program 59987 Middle East/North Africa 0 0 Program Services Study Abroad Program 11575 Central America and the Caribbean 0 0 Program Services Study Abroad Program 20040 South Asia 0 0 Program Services Study Abroad Program 25600 0 0 2043115 X Central America General Support 7000 Check 2000 Supplies FMV central America General Support 5000 Check 4000 Supplies FMV 2 0 Schedule F, Part IV Other Information Grants and other assistance to organizations outside the U.S. is regarding a service-learning course and mission trip taught and led by university chaplain. The participants travel to Central America for two weeks over the winter break and earn two semester hours of academic credit while serving at mission sites including congregations, clinics, refugee and immigrant communities, hospitals and an orphanage. While there they also distribute supplies they've collected for the trip. The university provides grants for eligible students to study abroad. Scholarships are posted to the students' account and reduce tuition, room, and board fees billed to the student. The majority of these scholarships are need-based financial aid. X X X X X X 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC 1 Selinsgrove Borough One N High St Selinsgrove PA 17870 236002939 local gov't 87500 General Support Dauntless Hook & Ladder 713 Bridge St selinsgrove PA 17870 230510390 501(c)(3) 18376 General Support SELINSGROVE Area Recreation Inc PO Box 172 selinsgrove PA 17870 231700543 501(c)(3) 10000 General Support 3 0 Dean Scholarship 731 0 5793250 FMV Credit on Student Accounts Presidential Scholarship 174 0 2392250 FMV Credit on Student Accounts Susquehanna Scholarship 396 0 4769025 FMV Credit on Student Accounts Green Scholarship 94 0 1191375 FMV Credit on Student Accounts Valedictorian/Salutorian Scholarship 45 0 682000 FMV Credit on Student Accounts Community Award 158 0 1001375 FMV Credit on Student AccountS Transfer Scholarship 59 0 464481 FMV Credit on Student Accounts Music Scholarship 110 0 301500 fMV Credit on Student Accounts Assistantships 16 0 270000 fMV Credit on Student Accounts International Student Scholarships 6 0 192300 fMV Credit on Student Accounts Academic Scholarships 23 0 198500 fMV Credit on Student Accounts Ministerial Scholarship 19 0 44375 fMV Credit on Student Accounts SU Service Scholarship 2 0 2950 fMV Credit on Student Accounts SU Grants 1194 0 10731242 fMV Credit on Student Accounts Science/Math Scholarship 22 0 284250 FMV Credit on Student Accounts Founders Scholarship 4 0 125921 FMV Credit on Student Accounts Math Achievement Scholarship 7 0 94000 FMV Credit on Student Accounts SU ROTC Room and Board Scholarship 5 0 33300 FMV Credit on Student Accounts GO Short Scholarship 13 0 24200 FMV Credit on Student Accounts SU Yellow Ribbon Scholarship 2 0 9055 FMV Credit on Student Accounts Other Information: Part IV: Students may be awarded grant funds on the basis of academic achievement and/or financial need. In each case the student can retain eligibility for funding for as many as eight semesters as a full-time student, provided the student meets the renewal criteria such as grade point average and grade progression as outlined in the university catalogue. Individual award amounts are based upon the student's cost to attend the University in a given academic year. Factors included in the calculated cost include tuition, fees, room, board, and estimates for the costs or books and personal expenses during the nine month academic year. An individual student may not receive more than the cost of tuition from the institutional grant funds. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 SARA Kirkland 189594 0 0 0 23997 0 36642 0 1260 0 251493 0 0 0 Larry Jay Lemons 300702 0 0 0 36287 0 41000 0 42796 0 420785 0 0 0 Linda McMillin 164202 0 0 0 22641 0 18787 0 3941 0 209571 0 0 0 Michael Coyne 157809 0 0 0 15147 0 18433 0 8435 0 199824 0 0 0 Alicia Jackson 140978 0 0 0 8528 0 15221 0 3820 0 168547 0 0 0 Deborah Stieffel 144981 0 0 0 8555 0 16057 0 6357 0 175950 0 0 0 Ronald Cohen 141993 0 0 0 8067 0 15490 0 8339 0 173889 0 0 0 Part I, Line 1a Discretionary spending account- the President has a restricted account used for institutional spending only. Housing allowance or residence for personal use - the President is required to occupy, with his family, a university-owned and university-maintained residence. The university's maintenance and facilities departments provide the necessary landscaping, cleaning, and other maintenance. Health or social club dues or initiation fees- the University maintains for the President memberships to two clubs for business purposes. The total cost of the dues was $1,250. Personal services- a housekeeper is employed by the university to maintain the President's residence and an occasional driver is hired for airport travel. Snyder County Higher Education Authority 232736780 833453cz4 2006-03-22 31779663 Partial Bond Refund and Resident Housing 0 0 Snyder County Higher Education Authority 232736780 833453dr1 2008-09-25 29990252 Resident Hall and Academic Building 0 0 Snyder County Higher Education Authority 232736780 Noneavail 2009-07-23 6492500 Partial Bond Refund, resident housing and a new science building 0 0 31779663 529129 19005534 2008 1 0 1 1 29990252 301595 29688657 2010 0 0 1 1 6492500 90731 2010 1 0 1 1 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 Disclosure subject to FERPA laws FERPA Laws $96,500 Merit Scholarship Disclosure subject to FERPA laws FERPA Laws $6,850 Need-Based Scholarship John Strangfeld CEO and Chairman of Prudential Financial 138544 Investment Mgmt Fees: Mr. Strangfeld, the Chairmen of the University's board, is Chief Executive Officer and Chairman of Prudential Financial, one of the world's largest financial institutions. The University maintains an investment management relationship with Prudential pursuant to which Prudential was paid investment management fees of approximately $138,544. Mr. Strangfeld received no personal benefit as a result of the business relationship between the University and Prudential. This relationship is disclosed to the board and in the financial statements. 0 Jeffrey Whitman Family member of Key Employee 70084 Employment 0 John Carpenter Owner of Carpenter and Carpenter 129000 Legal Fees: Mr. Carpenter, the secretary of the university's board, is a practitioner in the law firm of Carpenter and Carpenter. The university maintains a business relationship with Mr. Carpenter in that he is the solicitor for the university's legal affairs. This relationship is disclosed to the board and in the financial statements. 0 Frank Trembulak EXEC VICE PRESIDENT AND COO OF GEISINGER HEALTH SYSTEM 101002 Medical fees and services: Mr. Trembulak, a trustee at the university, is an Executive Vice President and COO of Geisinger Health System. The university maintains a relationship with Geisinger Health System for medical services. Mr. Trembulak received no personal benefit as a result of this relationship between the university and Geisinger Health System. This relationship is disclosed to the board and in the financial statements. 0 X 10 272207 market value X 1 11801 Market Value 0 1 1 Third Party Use: Part I, Line 32b: It is the University's general practice to liquidate gifts of publicly held stock as quickly as possible, unless holding the stock is determined to be in the best interest of the University by the Vice President of Finance or one of the University's investment advisors. The stock is liquidated by the brokerage firm Janney Montgomery Scott on 309 N. Fifth St., Sunbury, PA 17801. Form 990, Part VI, Section B, line 11 Along with a detailed review preformed by the Audit Committee a link to a password-protected website was emailed to the governing body where the complete form 990 was made available for review. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire was sent to the governing body and the replies were reviewed in detail by the Audit Committee. This review forms the basis for disclosure on the form 990 and the audited financial statements. Form 990, Part VI, Section B, line 15 The Organization's Board has adopted a Compensation Policy (the "Policy") for covered individuals. Pursuant to the Policy, a Compensation Committee (a subcommittee of the Organization's Executive Committee) of independent directors was established to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the Organization, including, among others, the president, executive vice president for administration and planning, provost and dean of the faculty, and vice president for finance. The Compensation Committee is advised by an independent compensation consultant, which opines to the Compensation Committee that the level of compensation paid and the process by which compensation is established meet applicable IRS reasonableness and "safe harbor" standards. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the university does not compensate in excess of market norms. Form 990, Part VI, Section C, line 19 The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public by posting these documents on the organization's website. Susquehanna University & Ortenzio Charitable Trust 514 University Ave Selinsgrove PA 17870 806155309 Supports Susquehanna University PA 501(c)(3) Line 11a, I Susquehanna University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0