2025-05-07T09:16:50-07:00 2024-06-30 990 2023-07-01 260466209 MORAVIAN UNIVERSITY HOUSING INC MORA 6108611300 1200 Main Street Bethlehem PA 18018 Mark Reed VP Finance & Administration 6108611312 2025-05-08 1 2023 2025-03-06 01:10:19Z X Mark Reed 1200 Main Street Bethlehem PA 18018 2387592 0 X X 2007 PA The mission of Moravian University Housing is to provide charitable, housing, educational and scientific opportunities to students of Moravian University 5 2 0 5 0 0 0 0 2256959 2318672 8256 68920 0 0 2265215 2387592 255000 242500 0 0 0 0 0 0 0 1761548 1854844 2016548 2097344 248667 290248 17524966 17152018 17849976 17111825 -325010 40193 The Mission of Moravian University Housing is to provide charitable, housing, educational and scientific opportunities to students of Moravian University. 0 0 2097214 242500 2318672 Program expenses consists of occupancy and maintenance costs incurred in providing housing to the residents of Moravian University Housing. The program provided housing, education, access to dining, entertainment and transportation to its residents in an integrated living and learning community. The facility's maximum capacity for the fiscal year ended 6/30/2024 is 235. The number of residents were 222 and 205 for the Fall 2023 and Spring 2024 semesters respectively. Occupants include undergraduate and graduate students and a Student Affairs Director. 0 0 0 2097214 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Mark F Reed 6108611300 1200 Main Street Bethlehem PA 18018 Bryon Grigsby Board Co-Chair; MUHI President 1 40 X X 0 494112 78786 Nicole Loyd MUHI Vice President 1 40 X X 0 229579 27901 Mark Reed Board Treasurer; MUHI Treasurer 1 40 X X 0 218298 18840 Brian Oswald Board Co-Chair 0.5 2 X X 0 0 0 Ray S Bishop Jr Board Vice Chair 0.5 2 X X 0 0 0 0 941989 125527 0 0 1 0 0 Student Rents 532000 2199947 2199947 0 0 Moravian University Rental Income 532000 118725 118725 0 0 0 0 0 0 2318672 68920 68920 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2387592 2387592 0 0 0 0 242500 242500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 577992 577992 0 0 0 0 0 0 0 0 0 0 0 0 0 0 529523 529523 0 0 0 0 0 0 718937 718937 0 0 0 0 0 0 Bank Service Charges 99 0 99 0 Building Repairs 28079 28079 0 0 Dance Studio Project Expense 214 183 31 0 0 0 0 0 2097344 2097214 130 0 1507972 760381 1085289 2084209 0 0 0 29696 0 0 0 0 0 0 0 0 0 0 18679165 5081313 14138991 13597852 0 0 0 0 0 0 167847 24555 624867 655325 17524966 17152018 224905 294533 0 0 770952 720673 15239990 14482490 0 0 0 0 0 0 0 0 1614129 1614129 17849976 17111825 X -325010 40193 0 0 -325010 40193 17524966 17152018 X 290248 0 0 0 0 74955 X 1 X 1 X 1 0 X 0 31654 6055 0 0 37709 2119258 1760189 2140589 2256958 2318672 10595666 0 0 744 0 0 744 0 0 0 0 0 0 0 0 0 0 0 0 2119258 1791843 2147388 2256958 2318672 10634119 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10634119 9553 990 1550 8256 68920 89269 0 0 0 0 0 0 9553 990 1550 8256 68920 89269 0 0 0 0 0 0 0 0 0 0 0 0 2128811 1792833 2148938 2265214 2387592 10723388 0.99168 0.99712 0.00832 0.00288 X 0 0 0 0 18308662 4743759 13564903 0 0 0 0 0 370503 337554 32949 0 0 0 0 13597852 0 Loan payable to Moravian University 1614129 1614129 X 2418628 0 25000 0 74956 99956 2318672 0 68920 68920 2387592 2053424 25000 0 0 0 25000 2028424 0 68920 68920 2097344 Schedule D, Part X, Line 2 Moravian University Housing Inc financial statements are reported in consolidation with Moravian University. Moravian University and MUHI qualify as tax-exempt nonprofit organizations under Section 501(c)(3) of the Internal Revenue Code. Accordingly, there is no provision for federal or state income taxes. Moravian University and MUHI account 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 that there were not tax uncertainties that met the recognition threshold at June 30, 2024 and 2023. Schedule D, Part XI, Line 2d Unrealized gain on change in interest rate SWAP value. Schedule D, Part XI, Line 4b Interest income on bank savings accounts and certificates of deposit. Schedule D, Part XII, Line 4b Financial statement expenses were reported net of interest income earnings from bank savings and certificate of deposit accounts. 1 Housing Grant 97 242500 0 Actual Schedule I, Part I, Line 2 Grants were awarded toward room charges. Moravian University Student Accounts Office maintains students account records including room charges. The grants were applied directly to the student's account. Moravian University remits room charge billings net of the applied grants directly to MUHI. This is an aggregate total for the current year return. 0 1 0 0 0 0 0 0 0 Bryon Grigsby Board Co-Chair; MUHI President 0 423519 0 65961 0 4632 0 26400 0 52386 0 572898 0 0 Nicole Loyd MUHI Vice President 0 229579 0 0 0 0 0 18484 0 9417 0 257480 0 0 Mark Reed Board Treasurer; MUHI Treasurer 0 218298 0 0 0 0 0 17439 0 1401 0 237138 0 0 Schedule J, Part I, Line 4 Dr. Bryon Grigsby (MUHI Board Co-Chair & Moravian University President) participates in a supplemental 457b non-qualified plan through Moravian University, a related organization. A Northampton Cty Industrial Development Authority 236299984 NoneAvail 2017-08-02 9513396 Refund half of prior issue. Issue Date 09/03/2009 0 0 0 B Northampton Cty Industrial Development Authority 236299984 NoneAvail 2017-08-18 9513396 Refund half of prior issue. Issue Date 9/3/2009 0 0 0 A 2272151 0 9513396 0 0 0 0 0 0 0 9515396 0 2017 1 0 1 1 B 2272151 0 9513396 0 0 0 0 0 0 0 9513396 0 2017 1 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 1 1 Fulton Bank (formerly Lafayette Ambassador Bank) 14 0 0 0 0 1 B 0 0 1 0 1 1 Fulton Bank (formerly Lafayette Ambassador Bank) 14 0 0 0 0 1 A 1 B 1 Form 990, Part VI, Section B, Line 11b Form 990 is prepared by Moravian University. The 990 is submitted for review to Moravian University's Vice President for Finance and Administration. The Audit Committee reviews the 990 and submits to the MUHI Board of Directors. After review, if the MUHI Board of Directors is satisfied with the accuracy and presentation of Form 990, they recommend to the Audit Committee that it be submitted to the Joint Board for final approval. If approved, the MUHI Board Treasurer will sign and file the return with the proper authorities. Form 990, Part VI, Section B, Line 12c All board/committee members are required to submit a conflict of interest survey detailing all conflicts of interest with the Organization annually. The surveys are submitted to the Moravian University VP for Finance and Administration for review. If it is determined that there is a conflict, the Board of Directors reviews the conflict for materiality. if the Board of Directors determines that the conflict would impair the Board Member from acting impartially, the Board member will be asked to rescind their position on the Board. If it is determined that the conflict is minor in nature, the Board member will be required to refrain from voting on any measure associated with the conflict. Form 990, Part VI, Section C, Line 19 Financial statements, governing documents and conflict of interest policy are open to the public upon request. Form 990, Part XI, Line 9 Unrealized gain on change in interest rate swap. Moravian University 1200 Main Street Bethlehem PA 18018 240795460 Post secondary education-private 4 year college PA 501 (c) (3) 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 1 1 Moravian University j 50279 Moravian University's lease agreement (beginning 2009) to lease classroom space from MUHI was paid in full in 2015. MUHI recognizes a portion of that lease payment as revenue annually for the remainder of the lease period ending in 2038. Moravian University m 577742 Moravian University Housing, Inc and Moravian University have entered into a Service Level Agreement in which MUHI pays a flat quarterly fee to Moravian University for, but not limited to, general maintenance and repairs related to MUHI facility and grounds, legal and accounting services. Capital projects are excluded from the Service Level Agreement. The fee is increased annually based on the change in room rates or 5%, whichever is greater. For 23/24, four quarterly payments of $82,835 were paid plus an additional $246,402.00 to cover costs in excess of the service level agreement. Moravian University p 13247 Moravian University incurred capital project/repair costs of $13,247.00 on behalf of MUHI. These costs are outside the scope of the Service Level Agreement. Moravian University r 40000 Moravian University Housing, Inc. had a $1 million note payable to Moravian University. As part of Moravian University's purchase of MUHI on 12/10/2025, the note was restructured at a lower interest rate. MUHI began paying interest on the note during the fiscal year ended 6/30/2019. $40,000 is paid annually in $10,000 quarterly installment. No payment has been made on the principal. Moravian University s 68466 Funds totaling $68,466.00 were collected by Moravian University on behalf of MUHI. This amount consists of $5,660.00 summer rentals from outside organizations, $29,696.00 summer rentals from June 2024 and $33,090.00 summer rentals from July 2023.