2025-04-03T10:21:15-05:00 2024-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-06-01 240795506 WILKES UNIVERSITY WILK 5704084500 84 WEST SOUTH STREET WILKES BARRE PA 18766 ELLEN GALLAGHER VP OF FINANCE AND COO 5704084500 2025-03-26 1 0 SARAH R PIOT P01358891 4122613644 2023 2025-03-06 01:10:19Z GREG CANT PRESIDENT 84 WEST SOUTH STREET WILKES BARRE PA 18766 175099266 0 X WWW.WILKES.EDU X 1933 PA TO EDUCATE THROUGH A COMMITMENT TO ATTENTION, EXCEPTIONAL TEACHING, AND ACADEMIC EXCELLENCE. 29 28 1797 177 -20659 0 9363518 8219054 136781626 138138586 4215964 5482033 425599 28143 150786707 151867816 43037483 43248324 0 0 58299421 61279887 0 118500 1519982 45353240 47724946 146690144 152371657 4096563 -503841 248146592 250953210 103772407 101036890 144374185 149916320 X SEE SCHEDULE O 0 0 91186047 43028133 123984003 INSTRUCTION: INCLUDES ALL EXPENDITURES FOR ACTIVITIES THAT ARE PART OF THE INSTITUTION'S INSTRUCTIONAL PROGRAMS. THIS INCLUDES CREDIT AND NON CREDIT COURSES, ACADEMIC, VOCATIONAL AND TECHNICAL INSTRUCTION. THE UNIVERSITY OFFERS 50 UNDERGRADUATE MAJORS, 15 GRADUATE DEGREE PROGRAMS AND SEVERAL PRE-PROFESSIONAL AND CERTIFICATE PROGRAMS. ENROLLMENT INCLUDES 1,896 FULL-TIME UNDERGRADUATE STUDENTS FROM 31 STATES AND 19 FOREIGN COUNTRIES. CLASS SIZES ARE KEPT SMALL TO ENABLE GREATER ACCESS TO PROFESSORS AND MORE INDIVIDUALIZED ATTENTION IN THE CLASSROOM. UNDERGRADUATE FRESHMEN CLASS SIZES AVERAGE 19 STUDENTS WITH 14 STUDENTS FOR UPPER LEVEL CLASSES. (CONTINUED ON SCHEDULE O) WILKES IS DEDICATED TO BEING A LEADER IN HIGHER EDUCATION THROUGHOUT THE NORTHEASTERN UNITED STATES AND IS DEDICATED TO ACADEMIC EXCELLENCE THROUGH MENTORING. THIS ALSO INCLUDES EXPENDITURES FOR GENERAL, NEED BASED, AND ENDOWMENT SCHOLARSHIPS AND FELLOWSHIPS FROM RESTRICTED OR UNRESTRICTED CURRENT FUNDS IN THE FORM OF GRANTS TO STUDENTS. AT LEAST 90% OF STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. GRANTS AWARDED INCLUDE SEOG SCHOLARSHIPS, WILKES NEED BASED GRANTS AND WILKES MERIT BASED SCHOLARSHIPS. 29988311 220191 14154583 STUDENT SERVICES - INCLUDES FUNDS EXPENDED FOR ACTIVITIES WITH THE PRIMARY PURPOSE OF CONTRIBUTING TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. WILKES CLASSIFIES THE FOLLOWING OFFICES INTO THIS PROGRAM: OFFICES OF ENROLLMENT SERVICES (ADMISSIONS), REGISTRAR, FINANCIAL AID ADMINISTRATION, CAREER SERVICES, AND HEALTH AND WELLNESS SERVICES. IN ADDITION, EXPENDITURES FOR STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL AND INTERCOLLEGIATE ATHLETICS, FRESHMAN ORIENTATION, AND STUDENT CLUBS AND ORGANIZATIONS ARE CONSIDERED STUDENT SERVICES FOR FINANCIAL STATEMENT PURPOSES. 13552679 0 0 ACADEMIC SUPPORT - INCLUDES FUNDS EXPENDED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. THE ACADEMIC ADMINISTRATION OF THE UNIVERSITY INCLUDING ACADEMIC DEANS BUT NOT DEPARTMENT CHAIRS THAT ARE CHARGED TO THEIR PRIMARY FUNCTION CATEGORY ARE FOUND IN THIS PROGRAM. ALL SALARIES, BENEFITS, AND OTHER EXPENSES FOR THE LIBRARY ARE ALSO CONSIDERED ACADEMIC SUPPORT.RESEARCH - INCLUDES ALL EXPENDITURES FOR ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED WITHIN THE UNIVERSITY. (CONTINUED ON SCHEDULE O) IN ADDITION TO THIS, THE EXPENSES OF SEVERAL RESEARCH GRANTS ARE RECORDED TO THE RESEARCH CLASSIFICATION.PUBLIC SERVICE - INCLUDES FUNDS EXPENDED FOR ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES BENEFICIAL TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THE EXPENSES OF THE SMALL BUSINESS DEVELOPMENT CENTER, RADIO AND TELEVISION STUDIOS, SHINE PROGRAM, AND SEVERAL COMMUNITY LECTURE SERIES ARE AMONG THOSE POSTED TO THIS PROGRAM. 134727037 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 8257 0 1 1797 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DOLORES WATKINS 5704085613 84 WEST SOUTH STREET WILKES BARRE PA 18766 X WILLIAM MILLER CHAIR 10.00 X X 0 0 0 LAURA BARBERA CARDINALE VICE CHAIR 3.00 X X 0 0 0 CHARLES COHEN ASSISTANT TREASURER 3.00 X X 0 0 0 RAYMOND DOMBROSKI TREASURER/ASSISTANT SECRETARY 3.00 X X 0 0 0 CAROLANN BESLER TRUSTEE 2.00 X 0 0 0 TERRENCE CASEY TRUSTEE 2.00 X 0 0 0 CYNTHIA CHARNETSKI TRUSTEE 2.00 X 0 0 0 EDWARD CIARMIBOLI TRUSTEE 2.00 X 0 0 0 JEFF DAVIDOWITZ TRUSTEE 2.00 X 0 0 0 SUSAN MAIER DAVIS TRUSTEE 2.00 X 0 0 0 WILLIAM EGGLESTON TRUSTEE 2.00 X 0 0 0 RANDA FAHMY TRUSTEE 3.00 X 0 0 0 ANTHONY FANUCCI TRUSTEE 2.00 X 0 0 0 LISA GOLDEN TRUSTEE 2.00 X 0 0 0 WILLIAM GRANT TRUSTEE 2.00 X 0 0 0 JASON GRIGGS TRUSTEE 2.00 X 0 0 0 ELLEN HALL TRUSTEE 2.00 X 0 0 0 WILLIAM HANBURY TRUSTEE 3.00 X 0 0 0 FREDERICK HERRMANN TRUSTEE 3.00 X 0 0 0 SEYMOUR HOLTZMAN TRUSTEE 1.00 X 0 0 0 JOHN KERR TRUSTEE 2.00 X 0 0 0 GERARD MCHALE TRUSTEE 3.00 X 0 0 0 MICHAEL NOONE TRUSTEE 2.00 X 0 0 0 ALI QURESHI TRSUTEE 2.00 X 0 0 0 THOMAS RALSTON TRUSTEE 3.00 X 0 0 0 KAYLA ROONEY TRUSTEE 2.00 X 0 0 0 JOANNE SCHOONOVER TRUSTEE 2.00 X 0 0 0 ELIZABETH A SLAUGHTER TRUSTEE 1.00 X 0 0 0 TARA MUGFORD WILSON TRUSTEE 2.00 X 0 0 0 GREG CANT PRESIDENT 75.00 X 363149 0 114492 ELLEN GALLAGHER VP OF FINANCE AND COO 60.00 X 262528 0 32813 KEVIN BOYLE VICE PRESIDENT OF ADVANCEMENT 50.00 X 255454 0 34397 DAVID WARD SENIOR VICE PRESIDENT / PROVOST 50.00 X 244533 0 62012 ABEL ADEKOLA DEAN OF COLLEGE OF BUSINESS AND ENGINEERING 50.00 X 209172 0 25748 MICHAEL WOOD VP SPECIAL ASST TO THE PRESIDENT 50.00 X 199564 0 32477 DEBORAH ZBEGNER DEAN OF COLLEGE OF HEALTH AND EDUCATION 50.00 X 184267 0 15158 JONATHAN FERENCE DEAN OF NESBITT SCHOOL OF PHARMACY 50.00 X 184030 0 32762 PAUL RIGGS DEAN OF COLLEGE OF ARTS AND SCIENCES 50.00 X 170443 0 29467 JARED MENGHINI VP OF ENROLLMENT AND MARKETING 50.00 X 150185 0 12469 JENNIFER MALINOWSKI ASSOCIATE DEAN, ACADEMIC AFFAIRS FOR PHARMACY 50.00 X 160221 0 13263 JOSEPH HOUSENICK ASSOC VP/CHIEF HR OFFICER 50.00 X 156185 0 22544 MARK ALLEN ASSOCIATE VP FOR STUDENT LIFE AND SUCCESS 50.00 X 154626 0 18990 GERALD KOREA EXEC DIRECTOR INFORMATION TECHNOLOGY SERVICES 50.00 X 153680 0 31259 ELIZABETH LEO GENERAL COUNSEL AND TITLE IX COORDINATOR 50.00 X 148171 0 11727 2996208 0 489578 73 0 1 0 KEYPATH EDUCATION LLC 1933 N MEACHAM RD STE 400 SCHAUMBURG IL 60173 NURSING EDUCATION PROVIDER 12023738 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 3496557 MILLER FLOORING CO INC 827 LINCOLN AVE 15 WEST CHESTER PA 19380 CONSTRUCTION SERVICES 1250848 MAARV WATERPROOFING 68 COLFAX AVENUE CLIFTON NJ 07013 CONSTRUCTION SERVICES 1179672 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 COMPUTER MANAGEMENT SERVICES 960612 29 455533 4238387 3525134 133532 8219054 TUITION AND FEES 611310 123984003 123984003 STUDENT SERVICES & AUXILARY 611710 14154583 14154583 138138586 3899833 -20659 3920492 21750 33124 -11374 -11374 -11374 23429361 1081100 21636605 1291656 1792756 -210556 1582200 1582200 309582 455533 270065 39517 39517 151867816 138138586 -20659 5530835 43248324 43248324 2643891 1621379 727916 294596 43885925 38691537 4529246 665142 2207890 1965068 223524 19298 9189065 8025383 1034199 129483 3353116 2916583 384390 52143 225655 13003 212652 113920 113920 118500 118500 168247 168247 6895160 6082187 778428 34545 843479 108475 730638 4366 2804137 2321580 451177 31380 3466254 3298498 167756 3675987 3403845 272142 1846475 1615814 189274 41387 219180 187209 28272 3699 2732232 2588408 143824 5101720 4833167 268553 1406889 986919 419970 NURSING EDUCATION 13151694 10065771 3085923 ENTERTAINMENT 957882 664860 220406 72616 EQUIPMENT MAINTENANCE 484504 332982 148264 3258 PRINTING & PUBLICATIONS 319838 134357 180359 5122 3311693 1621688 1645558 44447 152371657 134727037 16124638 1519982 6303 6800 39424039 32643361 2176400 1374370 8406657 10212749 666869 631155 242973961 125198218 114641006 117775743 56758756 62451103 16960854 19690675 1691169 1350886 7414539 4816368 248146592 250953210 11268435 10356310 14453592 15090835 68113549 66000633 9936831 9589112 103772407 101036890 X 87900208 87646785 56473977 62269535 144374185 149916320 248146592 250953210 X -503841 5187537 858439 X X 0 1 X 1 1 1 X 10668203 10426784 15815462 9363518 8219054 54493021 10668203 10426784 15815462 9363518 8219054 54493021 54493021 2157655 1993343 2222028 2795982 3921583 13090591 24714 164873 18858 208445 67792057 673473283 0.80380 0.82730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59569344 1954358 8443660 2594770 161296 67211296 61384912 906470 -105011 2429849 187178 59569344 65820582 1331513 -3345267 2294490 127426 61384912 52657913 746261 14704791 2129636 158747 65820582 51847867 964995 2089700 2007620 237029 52657913 0.25250 0.47920 0.26830 0 0 6133283 6133283 185641238 90347458 95293780 4516 151 4365 29370515 24217984 5152531 21824409 10632625 11191784 117775743 BENEFICIAL INTEREST IN TRUSTS (BY OTHERS) 7636296 F ALTERNATIVE INVESTMENTS 7220688 F FUNDS HELD IN TRUST FOR OTHERS 4833691 F 19690675 INVESTMENTS HELD IN TRUST FOR OTHERS 4833691 OPERATING LEASE OBLIGATIONS 3270708 ADVANCES FROM FEDERAL GOVERNMENT 1104789 DEPOSITS HELD IN CUSTODY 173863 POSTRETIREMENT BENEFITS 108748 LIABILITY UNDER SPLIT INTEREST 97313 9589112 X 114800410 5187537 303189 5490726 109309684 168247 42389885 42558132 151867816 109258275 303189 303189 108955086 168247 43248324 43416571 152371657 PART V, LINE 4: THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS AS WELL AS DEPARTMENTAL CHAIRS AND TO SUPPORT OPERATING EXPENSES. PART X, LINE 2: THE UNIVERSITY IS INCORPORATED IN THE COMMONWEALTH OF PENNSYLVANIA AS A NOT-FOR-PROFIT ORGANIZATION. THE UNIVERSITY HAS RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE (IRS) THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATES INCOME TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 270,065. RENTAL EXPENSES 33,124. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 43,151,182. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -761,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 270,065. RENTAL EXPENSES 33,124. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID 43,151,182. STUDENT LOANS DISBURSED 97,142. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PUBLICATIONS IN THE AREAS OF RECRUITMENT PUBLICIZE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED ASSISTANCE THROUGH THE FOLLOWING: LOAN PROGRAMS, SEOG, COLLEGE WORK STUDY, DIRECT LOAN PROGRAM, PELL GRANT, MISCELLANEOUS NEED-BASED PHEAA GRANTS, NATIONAL GUARD AWARDS, AND PRIVATE SCHOLARSHIPS (ROTC PROGRAM). NORTH AMERICA - CANADA AND MEXICO, BUT UNITED STATES 0 0 INVESTMENTS N/A 302000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 75000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS N/A 45000 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 INVESTMENTS N/A 1000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES RESEARCH/INSTRUCTION/RECRUITMENT 45569 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES RESEARCH/INSTRUCTION/RECRUITMENT 29247 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RECRUITMENT 28955 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES RESEARCH/INSTRUCTION/RECRUITMENT 22939 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES RECRUITMENT 6447 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES RECRUITMENT 3741 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES RECRUITMENT 3563 0 0 0 0 0 0 549710 13751 563461 1 0 1 1 1 1 X X X X X X X 1 GRAHAM-PELTON ASSOCIATES 39 BEECHWOOD ROAD SUMMIT NJ 07901 CONSULTING SERVICES 0 0 118500 -118500 118500 -118500 SC FOUNDER'S GALA 354184 277509 76675 16946 105578 300 28402 COLONEL'S CLUBS 327660 128423 199237 76482 2 83271 49601 33670 7467 12551 15560 6779 765115 455533 309582 7467 29497 121138 300 111663 270065 39517 1 NAMED SCHOLARSHIPS 670 1911762 N/A N/A NEED BASED GRANTS AND SCHOLARSHIPS 1110 3015036 N/A N/A OTHER SCHOLARSHIPS 7000 38004192 N/A N/A ROOM GRANTS 135 220191 N/A N/A STUDENT LOANS DISBURSED 52 97143 N/A N/A PART I, LINE 2: WILKES UNIVERSITY MAINTAINS A COMPREHENSIVE PROGRAM OF FINANCIAL AID TO ASSIST STUDENTS IN THE FINANCING OF THEIR EDUCATIONAL PROGRAMS. THE UNIVERSITY AWARDS BOTH MERIT SCHOLARSHIPS AND NEED-BASED AID GRANTS TO UNDERGRADUATE AND GRADUATE STUDENTS. UNDERGRADUATE MERIT AWARDS ARE BASED ON HIGH SCHOOL ACHIEVEMENT INCLUDING HIGH SCHOOL CLASS RANK. STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID TO HAVE THEIR ELIGIBILITY FOR NEED-BASED AID DETERMINED. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 GREG CANT PRESIDENT 345587 0 0 0 17562 0 28617 0 85875 0 477641 0 0 0 DAVID WARD SENIOR VICE PRESIDENT / PROVOST 238137 0 0 0 6396 0 19893 0 42119 0 306545 0 0 0 ELLEN GALLAGHER VP OF FINANCE AND COO 258138 0 0 0 4390 0 17533 0 15280 0 295341 0 0 0 KEVIN BOYLE VICE PRESIDENT OF ADVANCEMENT 239258 0 0 0 16196 0 9312 0 25085 0 289851 0 0 0 ABEL ADEKOLA DEAN OF COLLEGE OF BUSINESS AND ENGINEERING 206914 0 0 0 2258 0 16913 0 8835 0 234920 0 0 0 MICHAEL WOOD VP SPECIAL ASST TO THE PRESIDENT 195505 0 0 0 4059 0 16599 0 15878 0 232041 0 0 0 JONATHAN FERENCE DEAN OF NESBITT SCHOOL OF PHARMACY 183680 0 0 0 350 0 15530 0 17232 0 216792 0 0 0 PAUL RIGGS DEAN OF COLLEGE OF ARTS AND SCIENCES 169157 0 0 0 1286 0 14277 0 15190 0 199910 0 0 0 DEBORAH ZBEGNER DEAN OF COLLEGE OF HEALTH AND EDUCATION 181888 0 0 0 2379 0 14628 0 530 0 199425 0 0 0 GERALD KOREA EXEC DIRECTOR INFORMATION TECHNOLOGY SERVICES 132561 0 0 0 21119 0 10634 0 20625 0 184939 0 0 0 JOSEPH HOUSENICK ASSOC VP/CHIEF HR OFFICER 155408 0 0 0 777 0 12718 0 9826 0 178729 0 0 0 MARK ALLEN ASSOCIATE VP FOR STUDENT LIFE AND SUCCESS 153085 0 0 0 1541 0 12222 0 6768 0 173616 0 0 0 JENNIFER MALINOWSKI ASSOCIATE DEAN, ACADEMIC AFFAIRS FOR PHARMACY 136171 0 0 0 24050 0 11178 0 2085 0 173484 0 0 0 JARED MENGHINI VP OF ENROLLMENT AND MARKETING 148815 0 0 0 1370 0 11942 0 527 0 162654 0 0 0 ELIZABETH LEO GENERAL COUNSEL AND TITLE IX COORDINATOR 143825 0 0 0 4346 0 11237 0 490 0 159898 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE UNIVERSITY'S PRESIDENT AND PROVOST ARE PROVIDED HOUSING IN A UNIVERSITY OWNED HOUSE. SOCIAL CLUB DUES - CERTAIN MEMBERS OF THE PRESIDENT'S CABINET BELONG TO A LOCAL SOCIAL CLUB IN WHICH DUES ARE REQUIRED. IN ORDER THAT THE PRESIDENT AND THE PRESIDENT'S CABINET MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE LOCAL SOCIAL CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS IS THE INDIVIDUALS' RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS. A NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556BV8 2016-05-19 33603743 ADVANCE REFUNDING BONDS 2007 0 0 0 B NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY 237394107 664556WB6 2016-12-20 20012768 REFUNDING BONDS 2007 0 0 0 C CITY OF WILKES-BARRE FINANCE AUTHORITY 205684698 968254CB6 2021-12-20 17275602 REFUNDING BONDS 2012 0 0 0 A 10003743 33603743 480772 33122971 2016 1 0 1 1 B 6167768 20012768 309809 19702959 2016 1 0 1 1 C 17275602 335060 16940542 2022 1 0 1 1 A 1 1 1 1 0 0.01240 0.01240 0 0 1 B 1 1 1 1 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2024 ISSUER NAME: NORTHEASTERN PA HOSPITAL & EDUCATION AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2024 ISSUER NAME: CITY OF WILKES-BARRE FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2024 TARA MUGFORD WILSON TRUSTEE 1163443 CONSTRUCTION SERVICE 0 X 29816 X MEALS/CATERING 1 70596 FMV X EQUIPMENT 1 27000 FMV X SUPPLIES 2 5620 FMV X INSURANCE POLICY 1 500 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: TO CONTINUE THE WILKES TRADITION OF LIBERALLY EDUCATING OUR STUDENTS FOR LIFELONG LEARNING AND SUCCESS IN A CONSTANTLY EVOLVING AND MULTICULTURAL WORLD THROUGH A COMMITMENT TO INDIVIDUALIZED ATTENTION, EXCEPTIONAL TEACHING, SCHOLARSHIP, AND ACADEMIC EXCELLENCE, WHILE CONTINUING THE UNIVERSITY'S COMMITMENT TO COMMUNITY ENGAGEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 RETURN IS REVIEWED BY THE FINANCE OFFICE. AFTER THIS REVIEW, IT IS SENT TO THE VICE PRESIDENT OF FINANCE AND CHIEF OPERATING OFFICER. A FINAL COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C WILKES UNIVERSITY'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS. ALL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED UPON SUBMISSION AND FORWARDED TO THE AUDIT COMMITTEE AS APPROPRIATE. ANY CONFLICTS OF INTEREST CONCERNING BOARD MEMBERS ARE FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES PERFORMS AN ANNUAL REVIEW OF THE COMPENSATION PROVIDED TO THE UNIVERSITY'S PRESIDENT AND EXECUTIVE EMPLOYEES. BENCHMARK DATA, INCLUDING DATA FROM COLLEGES AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA) IS USED FOR COMPARATIVE PURPOSES FOR EXECUTIVE POSITIONS. THE BENCHMARKING COMPARISON IS COMPLETED ON AN ANNUAL BASIS. THE UNIVERSITY KEEPS WRITTEN DOCUMENTATION OF THE HUMAN RESOURCES COMMITTEE'S DELIBERATION AND DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 WILKES UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: THE FOLLOWING MEMBERS SERVE ON THE WILKES BOARD OF TRUSTEES AS TRUSTEES EMERITI: RICHARD L. BUNN, LAWRENCE E. COHEN, PATTIE S. DAVIES, JEROME R. GOLDSTEIN, MELANIE MASLOW KERN, ROBERT A. MUGFORD, GEORGE PAWLUSH, MARY B. RHODES, AND STEPHEN SORDONI. FORM 990, PART XI, LINE 9: CHANGE IN LIABILITY ON SPLIT INTEREST AGREEMENTS 761,297. STUDENT LOANS DISBURSED 97,142. FORM 990, PART XII, QUESTION 2, FINANCIAL STATEMENTS AND REPORTING: THE UNIVERSITY'S AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WU REAL ESTATE LLC 170 S FRANKLIN STREET WILKES BARRE PA 18766 205799312 STUDENT RENTAL PA 21750 4570269 WILKES UNIVERSITY SOUTH CITY PROPERTIES LLC 84 W SOUTH STREET WILKES BARRE PA 18766 352497851 REAL ESTATE PA 0 184620 WILKES UNIVERSITY RASM ENTERPRISE LLC 84 W SOUTH STREET WILKES BARRE PA 18766 465148017 REAL ESTATE PA 0 0 WILKES UNIVERSITY INTERESTS IN TRUSTS (3) ANNUITY PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0