2011-02-11T07:44:18-06:00 2010-06-30 ParenteBeard LLC 1650 Market Street Suite 4500 Philadelphia PA 19103 990 2009-07-01 231657958 NEUMANN UNIVERSITY NEUM 6105585503 ONE NEUMANN DRIVE ASTON PA 190141298 DR ROSALIE M MIRENDA 6105585503 2011-02-10 1 Julius Green CPA 2159720701 2009 2016-02-24 21:20:13Z MR JOSEPH GORMAN ONE NEUMANN DRIVE ASTON PA 190141298 90192815 0 X WWW.NEUMANN.EDU X 1965 PA TO MAINTAIN AND OPERATE A COLLEGE FOR THE LIBERAL EDUCATION OF MEN AND WOMEN. 27 25 925 10 32372 -38068 5939985 3213689 54910823 57907660 -644221 713251 1142072 1012581 61348659 62847181 14391925 15015397 0 20889329 22267021 8657 32466 1356504 18014805 21559839 53304716 58874723 8043943 3972458 120858601 121861656 57942398 53832479 62916203 68029177 NEUMANN UNIVERSITY EDUCATES A DIVERSE COMMUNITY OF LEARNERS BASED UPON THE BELIEF THAT KNOWLEDGE IS A GIFT TO BE SHARED IN THE SERVICE OF OTHERS AND THAT LEARNING IS A LIFELONG PROCESS. 0 0 50410764 15015397 50804128 Neumann University is a private, Catholic, Franciscan, Co-Educational University.Fall enrollment (full time and part time) for 2010, was 3,100 students pursuing undergraduate and graduate degrees. The University offers Bachelor of Arts and Bachelor of Science degrees in a broad range of subjects. Graduate degrees include two Doctoral Programs and five Master of Science Programs. Student activities include numerous club activities, art and musical groups, and nineteen sports teams.Faculty and students have been recognized by many organizations for their respective contributions to academic excellence and community service. During the year ended June 30, 2010, the University provided students with financial aid from internal resources of approximately $14,880,697, which represented 30% of gross tuition and fee revenue for the year. 50410764 1 1 0 1 0 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 88 0 1 925 1 1 1 0 0 0 0 1 1 0 0 0 27 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X Joseph Gorman VP Finance & Admin 6105585503 One Neumann Drive Aston PA 190141298 DR ROSALIE M MIRENDA 60.00 X X 289395 0 24584 Ann Baiada RN CRRN 1.00 X 0 0 0 MONSIGNOR FEDERICO A BR 1.00 X 0 0 0 THOMAS A BRUDER JR 1.00 X 0 0 0 James D Delaney 1.00 X X 0 0 0 DEACON DANIEL N DELUCCA 1.00 X 0 0 0 JAY DEVINE 1.00 X X 0 0 0 JOHN C FORD 1.00 X 0 0 0 Geraldine A Henwood 1.00 X 0 0 0 JACK H HOLEFELDER 1.00 X 0 0 0 Sr Marijane Hresko OSF 1.00 X 0 0 0 FRANK J JANTON 1.00 X 0 0 0 MICHAEL KRANCER ESQ 1.00 X 0 0 0 SR MARGARET M LEWIS O 1.00 X 0 0 0 MARTIN F MCKERNAN JR 1.00 X 0 0 0 William J Mclaughlin 1.00 X 0 0 0 Marian D Moskowitz 1.00 X 0 0 0 Jeff Mullen 1.00 X 0 0 0 Aurora C O'Brien 1.00 X 0 0 0 THOMAS P PHIAMBOLIS M 1.00 X 0 0 0 FRANCIS GX PILEGGI ES 1.00 X 0 0 0 Sr Marie Angela Presenz 1.00 X 0 0 0 SR LINDA M SARIEGO OS 1.00 X 0 0 0 SR CLARE CHRISTI SCHIEF 1.00 X 0 0 0 THOMAS C SHEA SR 1.00 X 0 0 0 SR CHRISTA M THOMPSON 1.00 X 0 0 0 SR ANN MICHELE ZWOSTA 1.00 X 0 0 0 Dr Gerald O'Sullivan 50.00 X 128024 0 20248 JOSEPH GORMAN 50.00 X 123945 0 7262 Dennis Murphy 50.00 X 111155 0 14373 David Brownlee 50.00 X 107521 0 14236 Jonathan Peri 50.00 X 110447 0 19426 Henry Sumner 50.00 X 105226 0 18867 David O'Leary 50.00 X 103810 0 13900 Joseph Gillespie 40.00 X 118526 0 14281 Dr Arde Shahmaei 40.00 X 116511 0 13757 Kathleen Hoover 40.00 X 107436 0 16745 1421996 0 177679 11 0 1 0 DANIEL J KEATING Co INC 134 N NARBERTH AVE NARBERTH PA 19072 GENERAL CONTRACTOR 5220304 SODEXHO OPERATIONS LLC 4880 Paysphere Circle Chicago IL 60674 FOOD SERVICE 2355833 ALLIED BARTON SECURITY SERVICE PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 1363323 John S McManus Inc PO BOX 418 Chester heights PA 19017 GENERAL CONTRACTOR 959853 ARAMARK FACILITY SERVICES PO BOX 33170 NEWARK NJ 07188 FACILITIES & HOUSEKEEPING SVCS 882424 9 141204 41425 1544334 1486726 39440 3213689 TUITION AND FEES 611310 50774962 50774962 ROOM AND BOARD 611310 7132698 7132698 57907660 671383 671383 6334 10064 -3730 -3730 -3730 26248124 13223 26194556 24923 53568 -11700 41868 41868 87101 141204 87101 0 1499142 1028990 470152 470152 CHILD DEVELOPMENT CTR 611310 232528 232528 Cafeteria & Meal Rev 722210 185377 185377 VARIOUS FINES & FEES 900099 45683 45683 82571 29166 32372 21033 546159 62847181 50804128 32372 8796992 15015397 15015397 1212419 515603 696816 16050150 13744174 1486119 819857 690206 598601 55415 36190 3116376 2597973 366043 152360 1197870 992467 148071 57332 96228 96228 79395 14000 65395 169176 169176 32466 32466 42040 42040 4835225 3562440 1175955 96830 563981 459058 103588 1335 2888305 2318602 488701 81002 229376 72529 156847 1880378 1880378 454852 363948 82187 8717 142395 105488 27242 9665 2588234 2588234 2585933 2585933 315656 315656 FOOD SERVICES 1897982 1897982 OTHER EDUCATION EXPENSE 1503555 178073 1325482 ENTERTAINMENT 385322 238778 110831 35713 MEMBERSHIP DUES 198801 100714 92233 5854 SPECIAL EVENTS 160501 123385 20118 16998 542504 414967 125352 2185 58874723 50410764 7107455 1356504 1767373 3187164 31985819 19842003 3265231 1503212 915780 1112045 492315 552870 458415 185158 103165113 32366737 62921286 70798376 17671411 23361954 95558 88180 1285413 1230694 120858601 121861656 6768123 2990882 397348 1035994 48650000 47925000 1125000 900000 1001927 980603 57942398 53832479 X 53832073 57738458 3701394 4861295 5382736 5429424 62916203 68029177 120858601 121861656 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 169176 169176 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: Neumann University has retained the services of Greenlee, Inc., Rosscommon International, and Mary Shields Government Relations, LLC for the purpose of lobbying activities to acquire federal and state grants and appropriations. 13457034 4078138 1585806 96998 100000 18923980 13323866 2185353 -1851736 200449 13457034 0.72000 0.28000 0.00000 0 0 1857876 1857876 78057553 16881862 61175691 13602664 10862826 2739838 9647020 4622049 5024971 70798376 Student Deposits and Advance Payments 885077 Advances from Federal Government for Student Loans 80572 CAPITAL LEASE OBLIGATION 14954 980603 62847181 58874723 3972458 1140516 1140516 5112974 50233155 1140516 -14880697 -13740181 63973336 -1126155 -1126155 62847181 45120181 1126155 1126155 43994026 14880697 14880697 58874723 Part V, Line 4: Description of Intended Use of Endowment Funds: Endowment funds are used to provide for scholarships, operating costs, and future capital projects. Part X: Description of Uncertain Tax Positions Under FIN 48: THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2010 OR 2009. Part XII, Line 2d - Other Adjustments: STUDENT AID: -14880697. Part XII, Line 4b - Other Adjustments: BOOKSTORE EXPENSES: -1028990. SPECIAL EVENTS EXPENSE: -87101. RENTAL EXPENSES: -10064. Part XIII, Line 2d - Other Adjustments: BOOKSTORE EXPENSES: 1028990. SPECIAL EVENTS EXPENSE: 87101. RENTAL EXPENSES: 10064. Part XIII, Line 4b - Other Adjustments: STUDENT AID: 14880697. 1 1 1 RACIALLY NON-DISCRIMINATORY POLICY APPEARS IN ALL ADVERTISEMENTS AND THE STUDENT AFFAIRS HANDBOOK. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 NEUMANN UNIVERSITY RECEIVES PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY (PHEAA) INSTITUTIONAL ASSISTANCE FUNDS AS WELL AS FUNDS FROM THE DEPARTMENT OF EDUCATION AND THE STATE OF DELAWARE FOR FINANCIAL AID TO STUDENTS. 1 X X X X X X 1 RuffaloCody Phone 0 25317 16200 9117 MartineauWhite Counsel 0 0 16266 -16266 25317 32466 -7149 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 Scholarship Gala 165805 120973 44832 37834 3795 3203 Golf Outing 34795 11912 22883 22883 1 27705 8319 19386 18666 720 228305 141204 87101 79383 3795 3923 87101 0 1 Student aid 1988 14880697 Grants to various students 71 134700 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Neumann University's process for monitoring Financial Aid and monitoring grant funds is a combination of procedures involving the following offices - Financial Aid, Institutional Advancement, Registrar, and the Business Office. Institutional Advancement and the Financial Aid Office award scholarships and grants according to the specifications/requirements of the specific award. The Financial Aid Office, Registrar, and Business Office coordinate the awarding and documentation of Financial Aid to include eligibility of Financial Aid, notification of students, change of status, and reconcilement of student accounts. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR ROSALIE M MIRENDA 281332 0 0 0 8063 0 16880 0 7704 0 313979 0 0 0 Part I, Line 1a The President's spouse attends an annual event with the President as a University Ambassador. His travel expenses for this event are paid by the University. The President may be reimbursed for entertainment at private residence for Neumann University business. Delaware County Authority 231973437 246003LD7 2008-04-03 22025000 Finance Capital Additions 0 0 21827652 1628615 194813 19839037 2009 0 0 1 1 0 0 1 0 1 0.01000 0.00000 0.01000 1 0 0 0 0 0 0 X 1 39440 FMV 0 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): The amount reported in Part I, line 9, column (b) represents the number of contributors providing donations of publicly traded secruities. Third Party Use: Part I, Line 32b: The organization may use an investment broker to sell contributions of publicly traded securities. Form 990, Part VI, Section A, line 6 THE MEMBERS OF THE UNIVERSITY CONSIST OF THE CONGREGATIONAL MINISTER AND THE COUNCIL OF THE RELIGIOUS CONGREGATION OF THE SISTERS OF ST. FRANCIS OF PHILADELPHIA. Form 990, Part VI, Section A, line 7a Sisters of Saint Francis reserve the power to choose the President of the University. Form 990, Part VI, Section A, line 7b The Sisters of St. Francis have certain reserve power regarding decisions of the governing body. Form 990, Part VI, Section B, line 11 The annual federal non-profit tax return form, IRS form 990, applicable to Neumann University, is completed and submitted to the IRS by the Neumann University administration through the office of the Vice President for Finance and Administration. The form 990 is shared with the Audit Committee of the Board of Trustees. After Form 990 is reviewed by the Audit committee, a final copy is sent to each member of the Board of Trustees before Form 990 is filed. Form 990, Part VI, Section B, line 12c All officers, trustees and key employees review and sign the conflict of interest policy annually. The University President and general counsel review the signed statements and handle any conflicts of interest. Form 990, Part VI, Section B, line 15 The President's compensation is reviewed by a sub-committee of the Executive Committee of the Board of Trustees. The process includes a review of peer compensation (College and University Professional Association (CUPA) - Human Resources survey), the University's mission and vision, economic climate for the region, and the achievement of goals as contained in the Strategic Plan. When this process is completed, the President's compensation is decided and included in the annual budget, which is approved by the Board of Trustees. Increase in compensation is consistent for all key employees and officers of Neumann University and included in the annual budget which is approved by the Board of Trustees. The percentage increase for university employees is a combination of economic conditions for the region and the CUPA survey. Form 990, Part VI, Section C, line 19 Access to the University's Governing Documents, Conflict of Interest Policy and Financial Statements will not be unreasonably withheld. FORM 990, PART V, LINE 2 NUMBER OF EMPLOYEES The University has 925 employees of which 261 are full time employees and 664 are student workers, work study students or part-time employees. SISTERS OF ST FRANCIS OF PHILADELPHIA 609 S Convent Road Aston PA 19014 CONGREGATION OF CATHOLIC WOMEN RELIGIOUS PA 501(c)(3) Line 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0