2024-05-13T16:52:43-05:00 2023-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-07-01 231653718 DESALES UNIVERSITY DESA 6102821100 2755 STATION AVENUE CENTER VALLEY PA 18034 ROBERT J SNYDER VP FINANCE & ADMINISTRATION 6102821100 2024-05-09 1 ROBERT SNYDER XXX-XX-XXXX 1 KERRI N BOGDA CPA P00760402 7177404863 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT J SNYDER 2755 STATION AVENUE CENTER VALLEY PA 18034 170463415 0 X WWW.DESALES.EDU X 1965 PA THE MISSION OF DESALES UNIVERSITY IS TO PROVIDE MEN AND WOMEN WITH QUALITY HIGHER EDUCATION ACCORDING TO THE PHILOSOPHY OF CHRISTIAN HUMANISM AS DEVELOPED BY SAINT FRANCIS DE SALES AND HIS SPIRITUAL HEIRS. THE UNIVERSITY IMPARTS KNOWLEDGE ABOUT AND DEVELOPS TALENTS FOR PERSONAL, FAMILIAL, AND SOCIETAL LIVING. DESALES UNIVERSITY ENRICHES THE HUMAN COMMUNITY AND ENCHANCES THE DIGNITY OF THE INDIVIDUAL THROUGH ITS EDUCATIONAL ENDEAVORS. IN ITS WORK, THE UNIVERSITY FOSTERS A VITAL AND RESPECTFUL DIALOGUE BETWEEN ROMAN CATHOLIC FAITH AND HUMAN CULTURE. 23 22 1761 75 511461 0 14728033 10436295 110614798 112101755 12534169 6274369 750369 736277 138627369 129548696 47502389 46597992 0 0 45193022 48494741 0 0 2149681 39184928 38207954 131880339 133300687 6747030 -3751991 248865139 246330370 71374218 65621282 177490921 180709088 X DESALES IS A CATHOLIC, SALESIAN UNIVERSITY THAT INSPIRES TRANSFORMATIVE LEARNING THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES BY ENERGIZING STUDENTS TO BE WHO THEY ARE AND BE THAT WELL. 0 0 126667727 46597992 112101755 DESALES UNIVERSITY IS A MEDIUM-SIZED, PRIVATE, FOUR-YEAR CATHOLIC UNIVERSITY WITH A SALESIAN MISSION ADMINISTERED BY THE OBLATES OF ST. FRANCIS DE SALES. STUDENTS AT DESALES ARE EXPOSED TO CATHOLIC TEACHINGS BUT ARE ALSO AFFORDED THE LUXURY OF EXPLORING IN AN ATMOSPHERE OF INTELLECTUAL FREEDOM. IT IS THE MISSION OF DESALES UNIVERSITY TO INSPIRE TRANSFORMATIVE LEARNING THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES BY ENERGIZING STUDENTS TO BE WHO THEY ARE AND BE THAT WELL. THE PHILOSOPHY OF DESALES UNIVERSITY IS FIRMLY AND PUBLICLY COMMITTED TO THE PRINCIPLES OF ROMAN CATHOLIC DOCTRINE AND MORALITY. IT ALSO FULLY RECOGNIZES THAT THE SEARCH FOR TRUTH REQUIRES AN ATMOSPHERE OF INTELLECTUAL FREEDOM, AND THAT LOVE DEMANDS AN OPENNESS TO ALL THAT IS GOOD. DESALES CAREFULLY DISTINGUISHES BETWEEN THE FREE PURSUIT OF TRUTH - WHICH IT GUARANTEES EVERY MEMBER OF THE CAMPUS COMMUNITY - AND ITS OWN COMMITMENT TO THE TEACHINGS OF THE CATHOLIC CHURCH. FOR DESALES UNIVERSITY, CHRISTIAN HUMANISM MEANS THAT EVERY ASPECT OF HUMAN EXPERIENCE IS CAPABLE OF ENLIGHTENMENT BY THE GOSPEL OF JESUS CHRIST. THIS GOSPEL BRINGS LIGHT TO EACH DIMENSION OF PERSONAL EXISTENCE (PHYSICAL, INTELLECTUAL, SOCIAL, MORAL, AESTHETIC, AND RELIGIOUS) AND EVERY ENVIRONMENTAL DOMAIN (NATURAL WORLD, SOCIAL INSTITUTIONS, CULTURAL ACHIEVEMENTS, HISTORICAL PERIODS, AND RELIGIOUS SOCIETIES). THE ENCOUNTER BETWEEN THE WORD OF GOD AND THE CONCRETE WORLD OF THE HUMAN PERSON MAKES A FULLY MEANINGFUL EXISTENCE POSSIBLE. DESALES UNIVERSITY STRIVES TO TEACH THE STUDENT WHAT IT MEANS TO BE CHRISTIAN IN A SALESIAN WAY, WHAT IT MEANS TO EMBRACE ONE'S OWN LIFE, AND WHAT IT MEANS TO BRING THIS GOOD NEWS TO THE HUMAN FAMILY.THE DESALES MAIN CAMPUS IS LOCATED IN CENTER VALLEY, PA ON 550 ACRES APPROXIMATELY 50 MILES NORTH OF PHILADELPHIA, PA AND 90 MILES SOUTHWEST OF NEW YORK CITY. THE UNIVERSITY OFFERS TRADITIONAL, ONLINE, AND HYBRID COURSES AND PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS. DESALES UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE). SEVERAL PROGRAM-SPECIFIC ACCREDITATIONS ARE ALSO HELD BY THE UNIVERSITY INCLUDING THE ACCREDITATION REVIEW COMMISSION ON EDUCATION FOR THE PHYSICIAN ASSISTANT (ARC-PA), COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), THE COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION (CAPTE), THE ASSOCIATION OF COLLEGIATE BUSINESS SCHOOLS AND PROGRAMS (ACBSP), AND CERTIFIED FINANCIAL PLANNER BOARD REGISTERED PROGRAMS. DESALES HAS ALSO BEEN APPROVED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION (PDE) TO PARTICIPATE IN THE NATIONAL COUNCIL FOR STATE AUTHORIZATION RECIPROCITY AGREEMENTS (NC-SARA) FOR POSTSECONDARY DISTANCE EDUCATION.THE UNIVERSITY OFFERS OVER 50 BACHELOR'S DEGREES, 12 MASTER'S DEGREES, AND 2 DOCTORAL DEGREES IN A WIDE RANGE OF DISCIPLINES. OVER 40 UNDERGRADUATE AND GRADUATE CERTIFICATE PROGRAMS ARE ALSO OFFERED. WITH MANY DEGREE AND CERTIFICATE PROGRAMS OFFERED VIA DISTANCE EDUCATION, 23% OF STUDENTS ENROLLED EXCLUSIVELY IN DISTANCE EDUCATION AND ANOTHER 21% ENROLLED IN AT LEAST ONE DISTANCE COURSE.AS OF OFFICIAL CENSUS IN FALL 2022, DESALES UNIVERSITY ENROLLED A TOTAL OF 3,016, WITH 2,231 UNDERGRADUATE STUDENTS AND 785 GRADUATE STUDENTS. THE STUDENT-FACULTY RATIO AT DESALES UNIVERSITY IS 11:1, AND THE SCHOOL HAS 55% OF ITS CLASSES WITH FEWER THAN 20 STUDENTS. THE FRESHMAN RETENTION RATE, AN INDICATOR OF STUDENT SATISFACTION, IS 78%. WITHIN SIX YEARS, 68% OF FULL-TIME, FIRST-YEAR STUDENTS GRADUATE WITH A BACHELOR'S DEGREE. THE MOST POPULAR UNDERGRADUATE MAJORS AT DESALES UNIVERSITY INCLUDE NURSING, BIOLOGY, MEDICAL STUDIES, PSYCHOLOGY, BUSINESS ADMINISTRATION, CRIMINAL JUSTICE, AND THEATRE. MORE THAN 95% OF UNDERGRADUATE, FIRST-TIME, FULL-TIME STUDENTS RECEIVE SOME FORM OF FINANCIAL AID. 126667727 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 4359 0 1761 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X ROBERT J SNYDER VP FINANCE ADMI 6102821100 2755 STATION AVENUE CENTER VALLEY PA 18034 FR JAMES J GREENFIELD PRESIDENT 50.00 0.00 X X 1039 0 72629 KATHLEEN KUND NOLAN CHAIR 2.00 1.00 X 0 0 0 FRANK D BOYER TRUSTEE 1.00 0.00 X 0 0 0 FRANK J DALICANDRO TRUSTEE 1.00 0.00 X 0 0 0 REV FRANCIS W DANELLA OSFS TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH FITZPATRICK ESQ TRUSTEE 1.00 0.00 X 0 0 0 FRANCIS J FORD JR TRUSTEE 1.00 0.00 X 0 0 0 REV MATTHEW J HILLYARD OSFS TRUSTEE 1.00 0.00 X 0 0 0 GARY J IACOCCA TRUSTEE 1.00 0.00 X 0 0 0 REV MSGR DAVID L JAMES TRUSTEE 1.00 0.00 X 0 0 0 BRIAN E KEARNEY TRUSTEE 1.00 0.00 X 0 0 0 V REV JOHN KOLODZIEJ OSFS TRUSTEE 1.00 0.00 X 0 0 0 HON JOSEPH F LEESON JR TRUSTEE 1.00 0.00 X 0 0 0 GENE J MARINO TRUSTEE 1.00 0.00 X 0 0 0 DR VINCENT J MOFFIT TRUSTEE 1.00 0.00 X 0 0 0 MARIA C MONTERO ESQ TRUSTEE 1.00 0.00 X 0 0 0 REV RONALD W OLSZEWSKI OSFS TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN WATERBURY REILLY TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL A ROSSI TRUSTEE 1.00 0.00 X 0 0 0 JOHN D STANLEY ESQ TRUSTEE 1.00 0.00 X 0 0 0 MOST REV BARRY STRONG TRUSTEE 1.00 0.00 X 0 0 0 THOMAS V WHALEN TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH C TRINKLE JR TRUSTEE 1.00 0.00 X 0 0 0 KENNAN LYNCH TRUSTEE TO MAY 2023 1.00 0.00 X 0 0 0 ROBERT SNYDER VP FINANCE & ADMINISTRATION 53.00 2.00 X 237317 0 37434 DR GERARD JOYCE EXECUTIVE VICE PRESIDENT 50.00 0.00 X 211868 0 34133 DR ROBERT BLUMENSTEIN ACTING PROVOST & DEAN OF UNDERGRADUATE STUDIES 50.00 0.00 X 202536 0 25335 LINDA ZERBE VP FOR STUDENT LIFE 45.00 0.00 X 169406 0 37664 MARC ALBANESE VP FOR CAMPUS ENVIRONMENT 50.00 0.00 X 161754 0 31689 MICHAEL SWEETANA DIRECTOR OF FINANCE & TREASURER 55.00 0.00 X 170905 0 24294 PETER RAUTZHAN ASSOC VP ADMIN/SECRETARY 40.00 0.00 X 139879 0 35310 CHERYL MURPHY VP FOR INSTIT. ADVANCEMENT TO 03/23 40.00 0.00 X 170060 0 23708 BRO DANIEL WISNIEWSKI PROVOST 55.00 0.00 X 311 0 25040 FR KEVIN M NADOLSKI VP FOR MISSION 45.00 0.00 X 344 0 30109 DR CHRISTOPHER COCOZZA CHAIR FOR DIVISION OF BUSINESS 45.00 0.00 X 186879 0 30045 DR MARY ELIZABETH TADDUNI CHAIR FOR DIVISION OF NURSING 45.00 0.00 X 184776 0 25396 DR CAROL GULLO MEST CHAIR OF GRADUATE NURSING 45.00 0.00 X 176436 0 31559 DENNIS RAZZE ASSOCIATE PROFESSOR 40.00 0.00 X 160651 0 23165 SUSAN MCGORRY PROFESSOR & ASSISTANT PROVOST 40.00 0.00 X 146037 0 33435 2320198 0 520945 65 0 1 0 VALLEY BUILDERS PO BOX 159 EMMAUS PA 18049 CONSTRUCTION 5723100 MEDIA WORKS LTD 1425 CLARKVIEW ROAD BALTIMORE MD 21209 ADVERTISING & MARKETING 1712281 GODSHALL'S LANDSCAPE & HYDROSEED 1470 MACK BLVD ALLENTOWN PA 18103 LAWN, LANDSCAPING, SNOW SERVICES 1000397 OBLATES OF ST FRANCIS DESALES 200 KENTMERE PARKWAY WILMINGTON DE 19806 MANAGEMENT & INSTR. 833271 SERVICEMASTER BY ROUND THE CLOCK 2320 BROADHEAD ROAD BETHLEHEM PA 18020 CLEANING SERVICES 810011 24 56195 176693 6747396 3456011 54487 10436295 HIGHER EDUCATION PROGRAM SERVICES 611310 112101755 112101755 112101755 1968885 1968885 798 798 217995 30582 187413 187413 187413 45043795 12330 40698408 53031 4345387 -40701 4304686 4304686 51775 176693 132698 -80923 -80923 4450 0 4450 4450 AUXILIARY SERVICES AND OTHER 721000 511461 511461 BOOKSTORE COMMISSIONS 721000 110007 110007 VENDING REVENUE 721000 3869 3869 625337 129548696 112101755 511461 6499185 29100 29100 46300917 46300917 267975 267975 1458343 551271 793968 113104 34617671 32505488 1137384 974799 2093630 1921925 109836 61869 7714269 7081596 404707 227966 2610828 2396705 136970 77153 93232 93232 121239 121239 49256 49256 475453 475453 3868469 3089266 671700 107503 2052014 2042553 9461 3765211 3464608 103660 196943 1919850 1745321 63907 110622 3029130 3029130 1710136 1630731 44025 35380 897831 575013 135365 187453 1197295 1197295 8403419 8403419 949959 949959 FOOD SERVICE 6253492 6253492 INSTRUCTIONAL EXPENSES 1051804 1051804 EQUIPMENT & MAINTENANCE 621617 621617 STUDENT ASSOCIATION 585484 585484 1163063 973058 133116 56889 133300687 126667727 4483279 2149681 7710 7710 10014526 7864990 969376 2162558 1990037 1956550 1882147 1163378 1173479 1295804 265239259 134107523 131158147 131131736 85228164 84786140 14264505 13608208 2177048 2353296 248865139 246330370 6183115 4828890 4800836 5281062 48764793 47524330 6123088 6292807 4623195 1107530 879191 586663 71374218 65621282 X 132504115 128748144 44986806 51960944 177490921 180709088 248865139 246330370 X -3751991 6972602 -2444 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49256 49256 133251431 133300687 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 53740 47160 49020 49256 199176 250000 250000 250000 250000 1000000 1500000 0 1745588 0 0 X X 0 0 1 X 86456856 1150704 9889946 1711340 599840 475453 94710873 98467072 2025141 -11309847 2128079 63626 533805 86456856 80528940 2169241 18026068 1793614 463563 98467072 77786159 2962432 2284152 1272892 820728 410183 80528940 74295142 2204087 3862919 2115978 41450 418561 77786159 0.45000 0.37000 0.18000 0 0 3179698 3875184 7054882 167650260 68585608 99064652 51106063 41958260 9147803 39428054 23563655 15864399 131131736 MANAGED FUTURES 2690447 F HEDGE FUNDS 6471863 F PRIVATE EQUITY FUNDS 4445898 F 13608208 REFUNDABLE GOV'T LOAN FUNDS 555493 LIABILITIES UNDER SPLIT INTEREST AGREEMENTS 31170 586663 X 89704198 6972602 -46847682 -39875080 129579278 -30582 -30582 129548696 86286924 30582 30582 86256342 47044345 47044345 133300687 PART III, LINE 4: PAINTINGS AND SCULPTURES ARE MAINTAINED AND USED BY THE THEATRE AND ARTS PROGRAMS FOR CLASS INSTRUCTIONAL PURPOSES. PART IV, LINE 2B: FUNDS FROM THE UNIVERSITY'S SUBSIDIARY ARE HELD AND INVESTED WITH THE UNIVERSITY'S ENDOWMENT FUNDS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS CONSIST OF VARIOUS FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES SUCH AS STUDENT SCHOLARSHIPS AND OPERATING PROGRAM SUPPORT. PART X, LINE 2: THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2023 AND 2022. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,444. SUBSIDIARY OPERATIONS 199,107. INVESTMENT FEES -475,453. SCHOLARSHIP ALLOWANCES -46,568,892. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -30,582. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 30,582. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 46,568,892. INVESTMENT FEES 475,453. SCHEDULE D, PART XI, LINE 4B: INCLUDES ADJUSTMENTS FOR PELL AND PHEAA GRANTS WHICH ARE EXCLUDED FROM REVENUE UNDER FINANCIAL ACCOUNTING STANDARDS AND THE ADDITION OF SCHOLARSHIP ALLOWANCES WHICH ARE REPORTED AS NET REVENUE FOR THE AUDITED FINANCIAL STATEMENTS. SCHEDULE D, PART XII, LINE 4B: INCLUDES ADJUSTMENTS FOR PELL AND PHEAA GRANTS WHICH ARE EXCLUDED FROM REVENUE UNDER FINANCIAL ACCOUNTING STANDARDS AND ADDED BACK SCHOLARSHIP ALLOWANCES WHICH ARE REPORTED AS NET REVENUE FOR THE AUDITED FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY HAS DIRECT LINKS TO ITS NOTICE OF NON-DISCRIMINATION AND ANTI-HARASSMENT POLICY ON ITS PRIMARY HOMEPAGE, IN COMPLIANCE WITH CONSUMER INFORMATION AND TITLE IX REQUIREMENTS THAT A SCHOOL MUST PROVIDE TO STUDENTS, THE DEPARTMENT OF EDUCATION, AND OTHERS. THE UNIVERSITY ALSO PROVIDES DIRECT ELECTRONIC COMMUNICATION OF THE NON-DISCRIMINATION AND ANTI-HARASSMENT POLICY AND PROCEDURES TO ITS STUDENTS, FACULTY AND STAFF ANNUALLY VIA EMAIL. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE FINANCIAL AID ASSISTANCE FOR STUDENTS: FEDERAL PELL GRANTS, FEDERAL WORK STUDY PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL PERKINS LOANS, FEDERAL DIRECT STUDENT LOANS, PHEAA STATE GRANTS, PENNSYLVANIA INSTITUTIONAL ASSISTANCE GRANT, U.S DEPARTMENT OF HEALTH & HUMAN SERVICES NURSING STUDENT LOANS, AND NURSE FACULTY LOAN PROGRAMS. THE UNIVERSITY HAS NEITHER HAD FEDERAL NOR STATE FUNDS REVOKED OR SUSPENDED. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2457302 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDENT TRAVEL 11350 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 179379 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDENT TRAVEL 161704 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDENT TRAVEL 15353 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD 10719 0 0 0 0 0 0 2835807 0 2835807 EUROPE (INCLUDING ICELAND & GREENLAND) 8 226775 EAST ASIA AND THE PACIFIC 2 41200 1 0 1 1 1 0 PART II, LINE 1 ACCOUNTING METHOD: THE ACCOUNTING METHOD TO REPORT FOREIGN EXPENSES IS THE ACCRUAL METHOD. PART III ACCOUNTING METHOD: THE UNIVERSITY IS REPORTING FINANCIAL AID AWARDED TO STUDENTS WITH A FOREIGN ADDRESS AT THE TIME AID WAS AWARDED. THE STUDENTS RESIDED AT THE UNIVERSITY WHILE THEY WERE ENROLLED IN CLASSES AND WERE AWARDED FINANCIAL AID. SCHEDULE F, PART I, LINE 3 THE UNIVERSITY HAS INTERESTS IN HEDGE FUNDS AND A PRIVATE EQUITY FUND IN THE CARIBBEAN. THE MARKET VALUES OF THE INVESTMENTS IN THESE FUNDS ARE BEING REPORTED. THE UNIVERSITY HAS A STUDY ABROAD PROGRAM IN ITALY FOR STUDENTS OF THE UNIVERSITY. THE UNIVERSITY ALSO HAS A SUMMER STUDY ABROAD PROGRAM AND OFFERS CERTAIN COURSES THAT CONCLUDE WITH AN OPTION TO TRAVEL ABROAD FOR SEVERAL DAYS. SCHEDULE F, PART IV, LINES 1, 3, 4 AND 5: THE ORGANIZATION HAS MADE TRANSFERS TO FOREIGN CORPORATIONS THAT EXCEEDED THE $100,000 FOR FILING FORMS 926. FORMS 926 HAVE BEEN INCLUDED IN THIS FILING. THE ORGANIZATION HAS OWNERSHIP INTERESTS IN CERTAIN FOREIGN PARTNERSHIPS WHICH HOLD PFICS WITHIN THEIR PORTFOLIOS, BUT THE ORGANIZATION DOES NOT HAVE A FILING REQUIREMENT WITH RESPECT TO THESE PFICS. THE ORGANIZATION HAS OWNERSHIP INTERESTS IN CERTAIN FOREIGN CORPORATIONS AND PARTNERSHIPS, HOWEVER, NO OWNERSHIP INTERESTS EXCEEDED THE THRESHOLD FOR REQUIRING THE FILING OF FORMS 5471 OR 8865. DINNER DANCE 186708 163058 23650 9639 44174 17918 23646 ATHLETICS GOLF 41760 13635 28125 15394 13491 8436 0 228468 176693 51775 9639 59568 31409 32082 132698 -80923 1 ST LUKE'S UNIVERSITY HEALTH NETWORK 701 OSTRUM ST STE 103 BETHLEHEM PA 18015 231352213 501C(3) 6100 0 DONATION 1 0 UNIVERSITY SCHOLARSHIPS 1846 41204712 FEDERAL AND STATE ASSISTANCE 837 5096205 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED ON THE BASIS OF ACADEMIC ACHIEVEMENT AND DONOR RESIDENCE WHILE GRANTS ARE AWARDED ON THE BASIS OF FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND STANDARDS AS DESIGNATED BY THE U.S. DEPARTMENT OF EDUCATION. CONTRIBUTIONS TO OTHER ORGANIZATIONS ARE ONLY PROVIDED TO KNOWN NON-PROFITS. THE UNIVERSITY SUPPORTS ITS RELATED ORGANIZATIONS AND LOCAL CHARITIES AND DOES NOT MONITOR THE FUNDS AFTER THEY ARE DISBURSED. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT SNYDER VP FINANCE & ADMINISTRATION 236285 0 0 0 1032 0 19703 0 17731 0 274751 0 0 0 DR GERARD JOYCE EXECUTIVE VICE PRESIDENT 211316 0 0 0 552 0 17537 0 16596 0 246001 0 0 0 DR ROBERT BLUMENSTEIN ACTING PROVOST & DEAN OF UNDERGRADUA 197592 0 0 0 4944 0 14544 0 10791 0 227871 0 0 0 DR CHRISTOPHER COCOZZA CHAIR FOR DIVISION OF BUSINESS 186333 0 0 0 546 0 13730 0 16315 0 216924 0 0 0 DR MARY ELIZABETH TADDUNI CHAIR FOR DIVISION OF NURSING 183192 0 0 0 1584 0 14739 0 10657 0 210172 0 0 0 DR CAROL GULLO MEST CHAIR OF GRADUATE NURSING 173500 0 0 0 2936 0 12899 0 18660 0 207995 0 0 0 LINDA ZERBE VP FOR STUDENT LIFE 167822 0 0 0 1584 0 13727 0 23937 0 207070 0 0 0 MICHAEL SWEETANA DIRECTOR OF FINANCE & TREASURER 169873 0 0 0 1032 0 13735 0 10559 0 195199 0 0 0 CHERYL MURPHY VP FOR INSTIT. ADVANCEMENT TO 03/23 170060 0 0 0 0 0 13152 0 10556 0 193768 0 0 0 MARC ALBANESE VP FOR CAMPUS ENVIRONMENT 160202 0 0 0 1552 0 13110 0 18579 0 193443 0 0 0 DENNIS RAZZE ASSOCIATE PROFESSOR 157771 0 0 0 2880 0 12725 0 10440 0 183816 0 0 0 SUSAN MCGORRY PROFESSOR & ASSISTANT PROVOST 145352 0 0 0 685 0 9722 0 23713 0 179472 0 0 0 PETER RAUTZHAN ASSOC VP ADMIN/SECRETARY 139577 0 0 0 302 0 11600 0 23710 0 175189 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY RESIDES IN A UNIVERSITY PROVIDED RESIDENCE. THE UNIVERSITY ALSO PROVIDES THE PRESIDENT WITH A SOCIAL CLUB MEMBERSHIP TO CONDUCT UNIVERSITY BUSINESS AND A VEHICLE USE FOR UNIVERSITY BUSINESS AND PERSONAL USE. THE VICE-PRESIDENT OF INSTITUTIONAL ADVANCEMENT'S SOCIAL CLUB MEMBERSHIP IS PAID BY THE UNIVERSITY IN ORDER TO CONDUCT UNIVERSITY BUSINESS AND IS TAXABLE INCOME TO THE INDIVIDUAL. A THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2017-11-16 10000000 CONSTRUCTION OF RESIDENCE, PROPERTY PURCHASE & CAMPUS IMPROVEMENTS 0 0 0 B THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2015-11-19 10000000 CONSTRUCTION OF ATHLETIC FIELDS AND ELECTRICAL BUILDING 0 0 0 C THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2013-12-19 10000000 CONSTRUCTION OF RESIDENCE UNITS 0 0 0 D THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2007-11-07 10000000 CONSTRUCTION OF RESIDENCE HALL 0 0 0 A 690000 10000000 92681 9907319 2018 0 0 1 1 B 1900000 10000000 95329 9904671 2016 0 0 1 1 C 2525000 10000000 118138 9881862 2014 0 0 1 1 D 6790000 10000000 98275 9901725 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 0 1 0 0 0 1 A 1 B 1 C 1 D 1 A THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2019-11-14 10000000 RENOVATIONS TO SEVERAL ACADEMIC BUILDINGS, STUDENT CENTER & HVAC PURCHASE 0 0 0 B THE WASHINGTON TOWNSHIP MUNICIPAL AUTHORITY 232729453 2022-11-17 10000000 RENOVATION TO SEVERAL ACADEMIC BUILDINGS, LAND PURCHASE & OTHER EQUIPMENT 0 0 0 A 160000 10000000 98671 9901329 2019 0 0 1 1 B 10000000 108852 9891148 2023 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 1 V REV JOHN KOLODZIEJ OSFS PROVINCIAL OF THE OBLATES OF ST. FRANCIS DE SALES & TRUSTEE FOR DESALES 743804 V. REV. JOHN KOLODZIEJ, OSFS IS THE PROVINCIAL OF THE OBLATES OF ST. FRANCIS DE SALES. THE UNIVERSITY CONTRACTS WITH THE OBLATES TO PROVIDE SEVERAL FACULTY AND ADMINISTATIVE POSITIONS AND A CONTRIBUTION TO ATTEND THE OBLATES GALA. 0 KATHLEEN WATERBURY REILLY OWNERSHIP INT. IN CITY CENTER INVEST. CORP FROM WHICH DESALES RENTS SPACE 118479 RENT EXPENSES AND TENANT IMPROVEMENTS 0 GENE MARINO DIR. OF FINANCE FOR CITY CENTER INVEST. CORP FROM WHICH DESALES RENTS SPACE 118479 RENT EXPENSES AND TENANT IMPROVEMENTS 0 X 805 COMPARABLE SALES X 7 31468 NYSE X 4 950 COMPARABLE SALES X AUCTION ITEMS 30 12676 COMPARABLE SALES X CIGARS 2 1190 COMPARABLE SALES X SUPPLIES 1 128 RETAIL VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 V. REV. JOHN KOLODZIEJ IS THE PROVINCIAL OF THE OBLATES OF SAINT FRANCIS OF DE SALES (OBLATES). THE UNIVERSITY CONTRACTS WITH THE OBLATES TO PROVIDE SEVERAL FACULTY AND ADMINISTRATORS, INCLUDING PROFESSIONAL SERVICES FOR THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B FINANCE PERSONNEL PERFORM AN INITIAL REVIEW OF THE FORM 990. ONCE THEY ARE SATISFIED, THE AUDIT COMMITTEE, A BOARD SUB-COMMITTEE, REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS SUBMISSION. THE FORM 990 IS THEN MADE AVAILABLE TO THE FULL BOARD AFTER APPROVAL BY THE AUDIT COMMITTEE AND PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES AND EMPLOYEES WITH PURCHASING, FINANCIAL AND BUDGETARY RESPONSIBILITIES RECEIVE THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE ASKED TO ACKNOWLEDGE RECEIPT AND COMPLIANCE WITH THE POLICY BY SIGNING THE DOCUMENT AND DISCLOSING CONFLICTS. THE POLICY EXPRESSLY MENTIONS FAMILY AND BUSINESS RELATIONSHIPS AS HAVING POTENTIAL AS SOURCES OF CONFLICTS. IF CONFLICTS ARISE AND CANNOT BE QUICKLY RESOLVED, THE UNIVERSITY'S SECRETARY WILL INFORM THE AUDIT COMMITTEE. THE AUDIT COMMITTEE INFORMS THE BOARD OF TRUSTEES WHO WILL DECIDE WHAT ACTION TO TAKE. THE BOARD WILL ANALYZE THE MATERIAL FACTS AND WILL DOCUMENT ALL DECISIONS REGARDING CONFLICTS IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE GOVERNANCE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE PRESIDENT'S SALARY ANNUALLY. IN GENERAL, SALARIES ARE COMPARED TO RELEVANT INDUSTRY BENCHMARKS TO ENSURE COMPENSATION REMAINS WITHIN FAIR MARKET VALUE FOR THE INDUSTRY. NOTE THE COMPENSATION AMOUNT FOR THE PRESIDENT OF THE UNIVERSITY IS PAID TO THE OBLATES OF SAINT FRANCIS DE SALES. THE GOVERNANCE COMMITTEE MEETING MINUTES REFLECT REVIEW OF THE PRESIDENT'S COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED ON AN AS-NEEDED BASIS AND THEIR RELEASE IS DEPENDENT UPON THE PARTICULAR REQUEST. THE DISCLOSURE OF THESE DOCUMENTS IS NOT REQUIRED UNDER PENNSYLVANIA NON-PROFIT LAW. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,444. PENNSYLVANIA SHAKESPEARE FESTIVAL 2755 STATION AVENUE CENTER VALLEY PA 18034 232655672 PROFESSIONAL THEATRE COMPANY PA 501(C)(3) LINE 10 N/A 0 FORUM FOR ETHICS IN THE WORKPLACE 2755 STATION AVENUE CENTER VALLEY PA 18034 251893421 ETHICS DISCUSSIONS PA 501(C)(3) LINE 12A, I N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0