2026-04-23T10:35:55-05:00 2025-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2024-07-01 250965212 ALLEGHENY COLLEGE ALLE 8143324790 520 NORTH MAIN STREET MEADVILLE PA 16335 DR DEBRA L FITZSIMONS CHIEF FINANCIAL OFFICER 8143324790 2026-04-13 1 0 SARAH R PIOT P01358891 4122613644 2024 2025-03-06 01:10:19Z RONALD B COLE PHD 520 NORTH MAIN STREET MEADVILLE PA 16335 215636351 0 X WWW.ALLEGHENY.EDU X 1817 PA FOUR YEAR INSTITUTION OF HIGHER EDUCATION. 39 36 1323 51 -187612 0 38791401 46371850 90356147 79410491 12140046 13495169 -101307 52126 141186287 139329636 46674722 45761701 0 0 38035841 38842927 0 0 3575275 43880438 47040852 128591001 131645480 12595286 7684156 439967356 468360473 64091771 68887020 375875585 399473453 X ALLEGHENY'S UNDERGRADUATE RESIDENTIAL EDUCATION PREPARES YOUNG ADULTS FOR SUCCESSFUL, MEANINGFUL LIVES BY PROMOTING STUDENTS' INTELLECTUAL, MORAL, AND SOCIAL DEVELOPMENT AND ENCOURAGING PERSONAL AND CIVIC RESPONSIBILITY.ALLEGHENY'S FACULTY AND STAFF COMBINE HIGH ACADEMIC STANDARDS AND A COMMITMENT TO THE EXCHANGE OF KNOWLEDGE WITH A SUPPORTIVE APPROACH TO LEARNING. GRADUATES ARE EQUIPPED TO THINK CRITICALLY AND CREATIVELY, WRITE CLEARLY, SPEAK PERSUASIVELY, AND MEET CHALLENGES IN A DIVERSE, INTERCONNECTED WORLD. 1 0 101349068 45054239 62113340 INSTRUCTION & SCHOLARSHIP EXPENDITURES: FOUNDED IN 1815, ALLEGHENY COLLEGE IS ONE OF THE NATION'S MOST HISTORIC AND INNOVATIVE FOUR-YEAR COLLEGES. WITH THE DISTINCT REQUIREMENT OF COMPLETING A MAJOR AND MINOR IN DIFFERENT ACADEMIC AREAS AND GUARANTEED RESEARCH EXPERIENCES, STUDENTS RECEIVE MULTIDISCIPLINARY LEARNING THAT DEVELOPS CAREER-READY SKILLS, EQUIPPING GRADUATES FOR A LIFE OF PURPOSE AND IMPACT. THE COLLEGE IS REPEATEDLY RECOGNIZED BY THE U.S. NEWS & WORLD REPORT FOR ITS FIRST-YEAR EXPERIENCE, SENIOR CAPSTONE, UNDERGRADUATE RESEARCH AND TEACHING, AND AS A TOP PERFORMER IN SOCIAL MOBILITY. SEE CONTINUATION ON SCHEDULE O.THE COLLEGE PROVIDED $45 MILLION TO FINANCIALLY ASSIST STUDENTS ATTAIN THEIR DEGREE FROM GIFTS, GRANTS, ENDOWMENT INCOME AND COLLEGE RESOURCES.ALLEGHENY ACHIEVED CLIMATE NEUTRALITY IN 2020. THERE ARE 40 MAJOR BUILDINGS ON CAMPUS, A CENTRAL CAMPUS AREA OF 79 ACRES, A RECREATION AREA AROUND CAMPUS OF 203 ACRES, AND THE BOUSSON FOREST NATURE PRESERVE OF 283 ACRES. 13974478 17285651 AUXILIARY ENTERPRISES: THE COLLEGE'S AUXILIARIES EXIST PRIMARILY TO FURNISH GOODS AND SERVICES TO ENROLLED STUDENTS, FACULTY AND STAFF. THESE SERVICES PRIMARILY CONSIST OF ON-CAMPUS HOUSING SERVICES AND DINING SERVICES. 1765153 11500 IN FY 25, ALLEGHENY COLLEGE OPENED ALIC @ BESSEMER, ITS BRANCH CAMPUS CREATED TO BUILD THE REGIONAL MANUFACTURING WORKFORCE. IN 2025, WE DEVELOPED AND LAUNCHED 21 TECHNICAL TRAINING COURSES ON TECHNOLOGIES SUCH AS CNC MACHINING, ROBOTICS, AUTOMATION, PROGRAMMABLE LOGIC CONTROLS, INDUSTRIAL ELECTRICAL SYSTEMS, AND PROFESSIONAL DEVELOPMENT TOOLS SUCH AS EXCEL AND LEADERSHIP STRATEGIES. THE COMPONENTS OF ALIC @ BESSEMER:- TECHNICAL TRAINING FACILITYALIC @ BESSEMER OFFERS HIGH-TECH, ADVANCED MANUFACTURING PROCESSES AND OPERATIONS TRAINING PROGRAMS FOR INCUMBENT WORKERS, RECENT HIGH SCHOOL GRADUATES, AND UNDEREMPLOYED INDIVIDUALS. SEE CONTINUATION ON SCHEDULE O.ALIC WAS RECENTLY GRANTED ACCREDITATION THROUGH THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, ALLOWING OUR COURSES TO BE CREDIT-BEARING STARTING IN THE FALL OF 2025.- VENTURE STUDIOSWHERE WE, ALONGSIDE INDUSTRY PARTNERS, IDEATE ON THE FUTURE OF MANUFACTURING, SPINNING OFF STARTUPS TO SOLVE NEAR-FUTURE CHALLENGES.- APPLIED RESEARCH LABORATORIESOUR FOUR-YEAR STUDENTS FROM ACROSS CAMPUS WILL WORK ALONGSIDE INDUSTRY PARTNERS ON APPLIED RESEARCH OPPORTUNITIES. THEY WILL DEPLOY THE THEORETICAL KNOWLEDGE GAINED THROUGH THEIR RIGOROUS ALLEGHENY EDUCATION TO REAL-WORLD APPLICATIONS DEFINED BY OUR INDUSTRY PARTNERS.- SHARED USE - ALIC @ BESSEMER EQUIPMENT WILL BE AVAILABLE FOR OUR INDUSTRY PARTNERS TO RENT TIME ON, ALLEVIATING INTERNAL CAPACITY ISSUES AND GIVING THEM ACCESS TO HIGH-END MACHINERY THAT MIGHT OTHERWISE BE OUT OF REACH. 117088699 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 1 2012 0 1 1323 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 39 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AZ AR CA CO CT DC FL GA HI ID KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI X DEBRA L FITZSIMONS CHIEF FINANCIAL OFFICER 9493404401 520 NORTH MAIN STREET MEADVILLE PA 16335 RONALD B COLE PHD PRESIDENT & CEO 50.00 X X 367492 0 39353 MARY FEELEY VICE CHAIR 2.00 X X 0 0 0 STEVEN D LEVINSKY CHAIR 2.00 X X 0 0 0 CHRISTIAN L ALLISON TRUSTEE 2.00 X 0 0 0 MARY AMSDELL TRUSTEE 2.00 X 0 0 0 SANDRA STEINER BALL TRUSTEE (ENTERED 2/25) 2.00 X 0 0 0 KEVIN BAIRD TRUSTEE 2.00 X 0 0 0 ED BORKOWSKI TRUSTEE 2.00 X 0 0 0 MARK CAMPBELL TRUSTEE 2.00 X 0 0 0 CAROL ST CLAIR CHLYSTEK TRUSTEE 2.00 X 0 0 0 CURT A CRAMER TRUSTEE 2.00 X 0 0 0 JENNIFER DAURORA TRUSTEE 2.00 X 0 0 0 ANTONIO DIAS TRUSTEE 2.00 X 0 0 0 GARY ELLIOT TRUSTEE (EXITED 9/24) 2.00 X 0 0 0 TERRENCE L HARTFORD TRUSTEE 2.00 X 0 0 0 ALY KASSAM-REMTULLA TRUSTEE 2.00 X 0 0 0 DUSTY E KIRK TRUSTEE 2.00 X 0 0 0 JOHN KUTZ TRUSTEE 2.00 X 0 0 0 VICTORIA A LIPNIC TRUSTEE 2.00 X 0 0 0 MARK MARUSZEWSKI TRUSTEE 2.00 X 0 0 0 BISHOP CYNTHIA MOORE-KOIKIO TRUSTEE 2.00 X 0 0 0 AFUA OSEI TRUSTEE 2.00 X 0 0 0 DERRICK OWENS TRUSTEE 2.00 X 0 0 0 THOMAS J SADVARY TRUSTEE 2.00 X 0 0 0 JULIE G SKATTUM TRUSTEE 2.00 X 0 0 0 SUE STEVEN TRUSTEE 2.00 X 0 0 0 HAYES C STOVER TRUSTEE 2.00 X 0 0 0 JOHN F SUTPHEN TRUSTEE 2.00 X 0 0 0 EDDIE TAYLOR JR TRUSTEE 2.00 X 0 0 0 BRUCE R THOMPSON TRUSTEE 2.00 X 0 0 0 PATRICIA BUSH TIPPIE TRUSTEE 2.00 X 0 0 0 ALBERT R TREZZA TRUSTEE 2.00 X 0 0 0 KAREN UBELHART TRUSTEE 2.00 X 0 0 0 SEAN P WARD TRUSTEE 2.00 X 0 0 0 JAMES O WIBLE TRUSTEE 2.00 X 0 0 0 SANDRA WYCOFF TRUSTEE 2.00 X 0 0 0 ELLEN YOUNT TRUSTEE 2.00 X 0 0 0 NANCY A YOVETICH TRUSTEE 2.00 X 0 0 0 DOUGLAS F ZIEGLER TRUSTEE 2.00 X 0 0 0 LANCE ZINGALE JR TRUSTEE 2.00 X 0 0 0 LINDA S WETSELL CFO/ VP OF FINANCE/ TREASURER 50.00 X 252356 0 32920 ANGELA HADDAD PROVOST AND DEAN OF COLLEGE (EXITED 8/24) 50.00 X 183409 0 21304 DEBRA L FITZSIMONSPHD CFO/ VP/TREASURER (ENTERED 2/25) 50.00 X 0 0 0 JENNIFER DEARDEN INTERIM PROVOST, SECRETARY 50.00 X 163353 0 9739 MATTHEW STINSON VP FOR INSTITUTIONAL ADVANCEMENT 50.00 X 253196 0 21479 KATRINA COPELAND-YEUNG CIO 50.00 X 169399 0 21323 IAN BINNINGTON DEAN FOR STUDENT SUCCESS 50.00 X 161980 0 10320 HEATHER ROBERSON DEAN OF STUDENT & COMMUNITY DEVELOPMENT 50.00 X 137642 0 16229 JOSEPH MICHAEL DIRECTOR OF FACILITIES 50.00 X 161487 0 9535 JENNIFER WINGE VP ENROLLMENT 50.00 X 137891 0 12699 1988205 0 194901 27 0 1 0 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 FOOD SERVICE 6737699 ST MORITZ BUILDING SERVICES INC P O BOX 5018 GREENSBURG PA 156015118 CLEANING SERVICE 2729856 BENYON SPORTS SURFACES 16 ALT ROAD HUNT VALLEY MD 21030 CONSTRUCTION 1629853 MOSITES CONSTRUCTION 400 MOSITES WAY STE 100 PGH PA 15205 CONSTRUCTION 1346366 DRIVESTREAM INC 45610 WOODLAND RD STE 150 STERLING VA 20166 CONTRACTED SERVICE/ERP 1000000 55 25445 1439964 44906441 702888 46371850 TUITION AND FEES 611710 62124840 62124840 AUXILIARY REVENUE 611710 17285651 17285651 79410491 3500463 -187612 3688075 93709 64024 29685 29685 29685 85531592 364219 74729103 1172002 10802489 -807783 9994706 9994706 11081 25445 59716 -48635 -48635 352946 281870 71076 71076 139329636 79410491 -187612 13734907 117300 117300 44936939 44936939 707462 707462 2013525 1062539 711543 239443 27298836 23676797 1891553 1730486 1848229 1667163 95056 86010 6447480 5265996 875361 306123 1234857 923189 173200 138468 6338990 6338990 380260 380260 193545 5000 188545 2390080 2390080 3757143 3757143 468181 468181 8176596 6187074 1267724 721798 1369189 1216148 41054 111987 8865489 7199046 1666042 401 1972128 1558486 220038 193604 173650 173650 2149439 2149439 6966830 6362806 604024 1189664 1189664 CONSULTING 2033268 1509287 477026 46955 LIBRARY BOOKS 541164 541164 AWARDS 75236 75236 131645480 117088699 10981506 3575275 3052186 9820010 12885528 25732379 23217862 18103309 1390029 1176363 1002572 756171 721721 837318 286400454 174265583 111968457 112134871 108127840 119380391 169167200 168084501 8433961 12335160 439967356 468360473 13922081 20211640 48944959 47512078 1224731 1163302 64091771 68887020 X 96031473 98044554 279844112 301428899 375875585 399473453 439967356 468360473 X 7684156 16454765 -541053 X X 0 1 X 1 1 1 X 10111431 17211019 20664653 38791401 46371850 133150354 10111431 17211019 20664653 38791401 46371850 133150354 47226326 85924028 2459590 1347476 3582864 4269532 3594172 15253634 38546 38546 153420 306514 311266 349059 352946 1473205 149915739 387236687 0.57310 0.79340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS SALES OF INVENTORY - 2020 AMOUNT: $ 153,420. 2021 AMOUNT: $ 306,514. 2022 AMOUNT: $ 311,266. 2023 AMOUNT: $ 349,059. 2024 AMOUNT: $ 352,946. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1837002 X X X X 0 277007121 17207679 24367136 27256326 291325610 266123708 6408097 22719923 18244607 277007121 261632496 8858775 13607387 17974950 266123708 287735598 4803909 -11330902 19576109 261632496 229054225 2184827 76441487 19944941 287735598 0.11500 0.51000 0.37500 0 0 14708221 14708221 204513303 128653018 75860285 351294 351294 0 29855706 23533753 6321953 36971930 21727518 15244412 112134871 VENTURE CAPITAL/PRIVATE EQUITY 83700368 F HEDGE FUNDS 24489953 F PRIVATE REAL ESTATE 35517189 F FIXED INC COMMON TRST FUND 22112037 F EQUITY-METHOD INVESTMENT 2264954 F 168084501 ADVANCES FOR STUDENT LOANS 151722 STUDENTS DEPOSITS 989783 TRUSTS HELD FOR OTHERS 21797 1163302 X 108321939 16454765 405610 16860375 91461564 2390080 45477992 47868072 139329636 84724071 405610 405610 84318461 2390080 44936939 47327019 131645480 PART III, LINE 4: CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND LITERATURE ARE USED BY THE STUDENTS AND FACULTY FOR EDUCATIONAL PURPOSES. PART V, LINE 4: DONOR-ESTABLISHED ENDOWMENTS AT ALLEGHENY COLLEGE PROVIDE SUPPORT FOR NEARLY EVERY ASPECT OF CAMPUS OPERATIONS, INCLUDING SCHOLARSHIPS, STUDENT-FACULTY RESEARCH, INTERNSHIPS, STUDY AWAY, PROFESSORSHIPS, ATHLETICS, LIBRARY MATERIALS, LABORATORY SUPPLIES, TECHNOLOGY AND OUR BEAUTIFUL BUILDINGS AND GROUNDS. PART X, LINE 2: THE COLLEGE FOLLOWS FASB GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION IS SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES U.S. FEDERAL, STATE AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE COLLEGE'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED JUNE 30, 2021 THROUGH THE PRESENT. THE COLLEGE CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 59,716. COST OF SALES 281,870. RENTAL EXPENSES 64,024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 44,936,939. CHANGE IN SWAP VALUE 541,053. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 59,716. COST OF SALES 281,870. RENTAL EXPENSES 64,024. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 44,936,939. 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 COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN LOCAL AND REGIONAL NEWSPAPERS. IN ADDITION, THE POLICY IS INCLUDED IN THE COLLEGE CATALOGS AND RECRUITING MATERIALS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS UNDER VARIOUS STATE AND FEDERAL PROGRAMS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 17 STUDENT PARTICIPANTS 343376 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 2 STUDENT PARTICIPANT 45950 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS, 6 STUDENT PARTICIPANTS 65365 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS, 2 STUDENT PARTICIPANTS 40700 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS, 2 STUDENT PARTICIPANTS 34900 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIP 419054 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCHOLARSHIP 144057 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES SCHOLARSHIP 36750 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIP 57951 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIP 49650 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 29841267 0 0 0 0 0 0 1130152 29948868 31079020 SCHOLARSHIP SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 49650 DIRECT TRANSFER TO STUDENT`S ACCOUNT N/A N/A SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 419054 DIRECT TRANSFER TO STUDENT`S ACCOUNT N/A N/A SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 36750 DIRECT TRANSFER TO STUDENT`S ACCOUNT N/A N/A SCHOLARSHIP EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 144057 DIRECT TRANSFER TO STUDENT`S ACCOUNT N/A N/A SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 57951 DIRECT TRANSFER TO STUDENT`S ACCOUNT N/A N/A 1 0 1 0 1 0 PART I, LINE 2: THE COLLEGE DOES NOT ISSUE GRANTS OUTSIDE THE U.S., BUT IT DOES INCUR EXPENSES FOR STUDENTS STUDYING ABROAD. STUDENTS PAY THEIR REGULAR ALLEGHENY COLLEGE TUITION, AND THE COLLEGE IN TURN PAYS THEIR TUITION TO THE FOREIGN INSTITUTION THAT THEY WILL BE ATTENDING. THOSE EXPENSES ARE TRACKED IN THE STUDY ABROAD OFFICE AND IN THE GENERAL LEDGER. THE COLLEGE FOLLOWS FEDERAL, STATE, AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES, AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENT ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND/OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. ATHLETIC GOLF OUTING 36526 25445 11081 45589 14127 36526 25445 11081 45589 14127 59716 -48635 1 CITY OF MEADVILLE 894 DIAMOND PARK MEADVILLE PA 16335 256000867 GOVERNMENT 100000 0 N/A N/A FINANCIAL SUPPORT MEADVILLE-WESTERN COUNTY CHAMBER OF COMMERCE 908 DIAMOND PARK MEADVILLE PA 16335 250399600 501 (C)(6) 17300 0 N/A N/A FINANCIAL SUPPORT 1 1 ALLEGHENY AID 85 443459 0 N/A N/A ENDOWED AID 1583 7281023 0 N/A N/A FEDERAL GRANTS 266 239541 0 N/A N/A MERIT SCHOLARSHIPS 1668 34539458 0 N/A N/A PELL GRANTS 417 2433458 0 N/A N/A PART I, LINE 2: THE COLLEGE FOLLOWS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENTS ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND /OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. THE COLLEGE'S FINANCIAL AID OFFICE MAINTAINS ELIGIBILITY REQUIREMENTS AND MONITORS GRANTING OF AWARDS TO STUDENTS AND FOLLOWS U.S. FEDERAL AID REGULATIONS AND ALL STATES' REGULATIONS FOR GRANTS TO ITS STUDENTS. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RONALD B COLE PHD PRESIDENT & CEO 326460 0 40000 0 1032 0 18501 0 20852 0 406845 0 0 0 LINDA S WETSELL CFO/ VP OF FINANCE/ TREASURER 233353 0 17419 0 1584 0 14716 0 18204 0 285276 0 0 0 MATTHEW STINSON VP FOR INSTITUTIONAL ADVANCEMENT 252644 0 0 0 552 0 14314 0 7165 0 274675 0 0 0 ANGELA HADDAD PROVOST AND DEAN OF COLLEGE (EXITED 8/24) 166158 0 15141 0 2110 0 8750 0 12554 0 204713 0 0 0 KATRINA COPELAND-YEUNG CIO 169039 0 0 0 360 0 5026 0 16297 0 190722 0 0 0 JENNIFER DEARDEN INTERIM PROVOST, SECRETARY 153047 0 10000 0 306 0 9141 0 598 0 173092 0 0 0 IAN BINNINGTON DEAN FOR STUDENT SUCCESS 161449 0 0 0 531 0 9687 0 633 0 172300 0 0 0 JOSEPH MICHAEL DIRECTOR OF FACILITIES 161299 0 0 0 188 0 8957 0 578 0 171022 0 0 0 HEATHER ROBERSON DEAN OF STUDENT & COMMUNITY DEVELOPMENT 137482 0 0 0 160 0 0 0 16229 0 153871 0 0 0 JENNIFER WINGE VP ENROLLMENT 127569 0 10000 0 322 0 0 0 12699 0 150590 0 0 0 PART I, LINE 1A THE COLLEGE SHALL PAY, OR REIMBURSE THE PRESIDENT FOR ORDINARY AND REASONABLE BUSINESS TRAVEL AND ENTERTAINMENT EXPENSES INCURRED BY THE PRESIDENT AND THEIR SPOUSE IN SUPPORT OF THE PRESIDENT'S DUTIES. THE PRESIDENT SUBSTANTIATES THE BUSINESS USE OF THE TRAVEL IN ACCORDANCE WITH THE COLLEGE'S USUAL SUBSTANTIATION POLICIES. TO FACILITATE THE PRESIDENT'S ABILITY TO ENTERTAIN AND UNDERTAKE BUSINESS ON BEHALF OF THE COLLEGE, THE COLLEGE PAYS ALL MEMBERSHIP FEES AND DUES WITH RESPECT TO THE PRESIDENT'S MEMBERSHIP IN VARIOUS CLUBS. THE PRESIDENT SUBSTANTIATES THE BUSINESS USE OF THE CLUBS IN ACCORDANCE WITH THE COLLEGE'S USUAL SUBSTANTIATION POLICIES. THE COLLEGE SHALL PAY THE PRESIDENT AN ANNUAL HOUSING ALLOWANCE WHICH IS TREATED AS TAXABLE COMPENSATION. PART I, LINE 7 THE PRESIDENT OF THE COLLEGE RECEIVED A BONUS IN THE AMOUNT OF $40,000 IN 2024. THE PROVOST AND DEAN OF THE COLLEGE, AN OFFICER, RECEIVED A BONUS IN THE AMOUNT OF $15,141 IN 2024. CFO/VP OF FINANCE, OFFICER, RECEIVED A BONUS IN THE AMOUNT OF $17,419 IN 2024. INTERIM PROVOST, OFFICER, RECEIVED A BONUS IN THE AMOUNT OF $10,000 IN 2024. PART II, NON-TAXABLE BENEFITS: NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J MAY INCLUDE LIFE INSURANCE, LONG-TERM DISABILITY, EMPLOYER-PROVIDED MEDICAL INSURANCE, SECTION 125 BENEFITS, HOUSING AND TUITION. TUITION ASSISTANCE PROGRAMS (UP TO 100%) ARE A STANDARD BENEFIT PROVIDED BY HIGHER EDUCATION EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. SECTION 117(D) OF THE INTERNAL REVENUE CODE SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF THE QUALIFIED TUITION REDUCTION INCLUDED IN NONTAXABLE BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE REPORTING YEAR. A CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 22500PAU7 2016-07-13 14410185 REFUND 2006 BONDS 0 0 0 B CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 22500PBK8 2018-06-01 35862413 REFUND 09/10 BONDS/CAP PROJECT 0 0 0 A 14410185 273780 1322130 12814275 2016 1 0 1 1 B 35862413 415346 10000000 25447067 2018 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 0 A 1 B 1 54400 SCHOLARSHIP FINANCIAL AID TAYLOR OSWALD LLC EDDIE TAYLOR, JR. - EMPLOYEE/OWNER, TAYLOR OSWALD, LLC 255592 INSURANCE BROKER 0 X 24 702888 FMV 0 0 1 0 FORM 990, PART III, LINE 2 IN FY 25, ALLEGHENY COLLEGE OPENED ALIC @ BESSEMER, ITS BRANCH CAMPUS CREATED TO BUILD THE REGIONAL MANUFACTURING WORKFORCE. IN 2025, WE DEVELOPED AND LAUNCHED 21 TECHNICAL TRAINING COURSES ON TECHNOLOGIES SUCH AS CNC MACHINING, ROBOTICS, AUTOMATION, PROGRAMMABLE LOGIC CONTROLS, INDUSTRIAL ELECTRICAL SYSTEMS, AND PROFESSIONAL DEVELOPMENT TOOLS SUCH AS EXCEL AND LEADERSHIP STRATEGIES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES AUDIT COMMITTEE IS CHARGED BY THE FULL BOARD WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 WITH THE CHIEF FINANCIAL OFFICER/VP OF FINANCE AND ADMINISTRATION AND INDEPENDENT ACCOUNTING FIRM. A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THIS REVIEW IS HELD PRIOR TO THE SUBMISSION OF THE FROM 990. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH COMPLETION OF AN ANNUAL DISCLOSURE STATEMENT, WHICH IS COMPLETED BY ALL TRUSTEES. IF A CONFLICT IS DETERMINED TO BE PRESENT, MANAGEMENT AND BOARD LEADERSHIP ADDRESS IT WITH THE APPROPRIATE INDIVIDUAL(S). ANY CONFLICTS OR POTENTIALLY CONFLICTING BUSINESS OR FAMILY RELATIONSHIPS WERE PROPERLY VETTED TO SEEK TERMS CONSISTENT WITH AN ARM'S LENGTH TRANSACTION. AS A PART OF NEW TRUSTEE ORIENTATION, BOARD MEMBERS ARE INFORMED THAT THE BOARD OF TRUSTEES HAS AUTHORITY ONLY AS A CORPORATE BODY. NO INDIVIDUAL TRUSTEE HAS AUTHORITY OVER ANY ASPECT OF COLLEGE OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT: THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS ANNUALLY THE PRESIDENT'S WORK ACCOMPLISHMENTS FOR THE PAST YEAR AND COMBINES THAT INFORMATION WITH A COMPARISON OF COMPENSATION OF PRESIDENTS OF SIMILAR COLLEGES TO SET THE PRESIDENT'S ANNUAL SALARY INCREASE. DOCUMENTATION IS KEPT ON FILE CONCERNING THESE DELIBERATIONS AND MEASUREMENTS. OTHER OFFICERS AND KEY EMPLOYEES: THE PRESIDENT REVIEWS AND RECOMMENDS CHANGES TO OTHER OFFICERS' SALARIES USING DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES. THE DOCUMENTATION FOR THE FINAL DECISION IS KEPT ON FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -541,053. FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE SCHOOL'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE HAS A COMMITTEE THAT ASSISTS THE BOARD IN FULFILLING THE BOARD'S RESPONSIBILITY FOR OVERSIGHT OF THE COLLEGE'S FINANCIAL REPORTING SYSTEM. THIS PROCESS HAS NOT MATERIALLY CHANGED FROM PRIOR YEAR. CHARITABLE TRUSTS (12) INVESTMENTS PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0