2026-05-13T06:01:52-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-07-01 240839402 LACKAWANNA COLLEGE LACK 5709617846 501 VINE STREET SCRANTON PA 18509 JOHN RISBOSKIN VP FOR FINANCE AND ADMIN 5709617846 2026-05-11 1 1 KERRI N BOGDA P01729840 7177404863 2026-05-11 2024 2025-03-06 01:10:19Z JOHN RISBOSKIN 501 VINE STREET SCRANTON PA 18509 47586779 0 X WWW.LACKAWANNA.EDU X 1957 PA ACCREDITED, PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION. 13 12 710 12 0 0 3489239 3908058 35002752 37982606 1684838 1000003 119052 286085 40295881 43176752 2996091 3136497 0 0 17688619 18855397 0 0 749529 17115782 19036941 37800492 41028835 2495389 2147917 79053630 110180703 21168268 25407897 57885362 84772806 X LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATION INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. THE COLLEGE STRIVES TO BE AN AFFORDABLE, OPEN-ENROLLMENT COLLEGE, PROVIDING A HIGH QUALITY AND TRANSFERABLE EDUCATION THAT EXCEEDS ACADEMIC EXPECTATIONS FOR STUDENTS AT ALL LEARNING LEVELS. THE COLLEGE IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHO ARE ACADEMICALLY UNDERPREPARED FOR COLLEGE LEVEL WORK, AND NURTURING STUDENTS' SENSE OF SELF-WORTH AND CAPACITY TO MAKE A DIFFERENCE. THE COLLEGE IS ALSO COMMITTED TO CULTIVATING AND MAINTAINING ACTIVE PARTNERSHIPS WITH OUR REGIONAL COMMUNITY, INCLUDING OTHER EDUCATIONAL INSTITUTIONS, BUSINESSES, AND NON-PROFIT AGENCIES. THE COLLEGE DELIVERS SERVICE THROUGH EXCELLENCE IN PROGRAMS THAT PREPARE STUDENTS TO SUCCEED IN THE WORKFORCE. 0 0 24268536 3136497 32359055 TUITION AND FEES FOR UNDERGRADUATE STUDENTS. LACKAWANNA COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. THE INSTITUTION OFFERS 22 ASSOCIATE DEGREE PROGRAMS AND 8 BACHELOR DEGREE PROGRAMS TO ITS UNDERGRADUATE STUDENT POPULATION. IN FALL 2024, LACKAWANNA ENROLLED NEARLY 1,910 UNDERGRADUATE STUDENTS. 4231034 3827844 AUXILIARY ENTERPRISE REVENUE. NINETY-FIVE PERCENT (95%) OF LACKAWANNA COLLEGE'S AUXILIARY ENTERPRISE REVENUE IS GENERATED BY OFFERING HOUSING AND FOOD SERVICE TO APPROXIMATELY 300 STUDENTS IN COLLEGE-OWNED FACILITIES. 1526460 1795707 CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE. LACKAWANNA COLLEGE OPERATES A CONTINUING EDUCATION DEPARTMENT THAT ADDRESSES THE EDUCATIONAL NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE TRADITIONAL COLLEGE CREDIT STRUCTURE. THROUGH THE DEPARTMENT, THE COLLEGE OFFERS A DIPLOMA PROGRAM IN ITS ACT 120 POLICE ACADEMY AND VARIOUS CERTIFICATE AND WORKFORCE DEVELOPMENT PROGRAMS, INCLUDING PROGRAMS FUNDED UNDER THE TRADE ADJUSTMENT ASSISTANCE FOR WORKERS AND WORKFORCE INNOVATION AND OPPORTUNITY ACTS. 30026030 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 103 0 710 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JOHN RISBOSKIN VP FOR FINANCE AD 5709617828 501 VINE STREET SCRANTON PA 18509 JODY CORDARO CHAIRPERSON 1.00 X X 0 0 0 MARK DESTEFANO VICE CHAIRPERSON 1.00 X X 0 0 0 COLLEEN PETTINATO SECRETARY 1.00 X X 0 0 0 BETTE SAXTON TRUSTEE 1.00 X 0 0 0 MICAH WOODARD TRUSTEE 1.00 X 0 0 0 TONY PIAZZA TRUSTEE 1.00 X 0 0 0 HAL FLACK TRUSTEE 1.00 X 0 0 0 MICHAEL CORDARO TRUSTEE 1.00 X 0 0 0 DEBBIE LEFKOWITZ TRUSTEE 1.00 X 0 0 0 CHRISTINA CURRAN TRUSTEE 1.00 X 0 0 0 GEOFFREY MESKO TRUSTEE 1.00 X 0 0 0 MIKE AVVISATO TRUSTEE 1.00 X 0 0 0 DR JILL MURRAY PRESIDENT 40.00 X X 274143 0 24184 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 40.00 X 161713 0 34932 BRIAN COSTANZO VP FOR GOVT AFFAIRS 40.00 X 135354 0 36722 ERICA BARONE PRICCI PROVOST 40.00 X 174749 0 14762 JOHN RISBOSKIN VP FOR FINANCE & ADMIN 40.00 X 155939 0 28433 RENEE MUNDY VP FOR HUMAN RESOURCES 40.00 X 159609 0 28384 ROBIN CRANE ROBOTICS PROGRAM DIRECTOR 40.00 X 106941 0 17051 MARK DUDA ADVISOR TO ATHLETICS 40.00 X 103159 0 16692 1271607 0 201160 8 0 1 0 METZ CULINARY MANAGEMENT 2 WOODLAND DRIVE DALLAS PA 18612 FACILITIES AND FOOD SERVICE 2852417 GEISINGER HEALTH SYSTEMS PO BOX 822434 PHILADELPHIA PA 191822434 HEALTH CARE 2669115 MCCLURE COMPANY 4101 NORTH 6TH STREET PO BOX 1579 HARRISBURG PA 171051579 HVAC / MECHANICAL ENGINEER 705541 COX MEDIA GROUP (CAMELOT MEDIA HOLDINGS PO BOX 831195 CHICAGO IL 606910195 MARKETING & ADVERTISING 626068 CORDICATE IT LLC 794 PENLLYN BLUE BELL PIKE BLUE BELL PA 19422 IT SALES/CONSULTING 553089 24 127069 3012186 768803 3908058 EDUCATIONAL 611310 32359055 32359055 AUXILIARY 611170 3827844 3827844 CONTINUING EDUCATION AND MISC PRO 611710 1795707 1795707 37982606 848702 848702 98709 10963 87746 87746 87746 4475558 4173652 150605 301906 -150605 151301 151301 35080 127069 74807 -39727 -39727 MISCELLANEOUS REVENUE 900999 180201 180201 THEATRE REVENUE 900999 35581 35581 ATHLETICS 900999 22284 22284 238066 43176752 37982606 0 1286088 3136497 3136497 1061508 926154 135354 12910182 10714351 1908025 287806 594064 455565 120507 17992 3259072 2336041 803707 119324 1030571 790305 209053 31213 419091 419091 66105 66105 78430 78430 826033 12000 814033 3138884 2683131 417207 38546 536671 494766 41791 114 476839 431532 45307 3014397 2563699 411219 39479 421890 384801 33124 3965 VARIOUS SERVICES 5062847 3327655 1713386 21806 OTHER 3255016 1121616 2092435 40965 SUPPLIES 1740738 1574071 153702 12965 41028835 30026030 10253276 749529 1960599 3054517 10862030 14023285 112163 1513236 1117094 1833958 178586 112930 388180 630305 80320604 43367038 38451600 36953566 17314777 39867933 2476798 2522650 6191803 9668323 79053630 110180703 1996845 3834430 570828 1154644 14467052 13265623 334934 39833 32396 4093710 6785870 21168268 25407897 X 48326068 71267064 9559294 13505742 57885362 84772806 79053630 110180703 X 2147917 995474 23744053 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 78430 78430 0 PART II-B, LINE 1: THE COLLEGE CONTRACTED WITH A CONSULTING FIRM TO REPRESENT ITS INTERESTS IN LEGISLATIVE AND OTHER GOVERNMENTAL MATTERS AT THE STATE LEVEL. 62800 11429445 4342872 1370846 883222 16259941 10037735 1524109 132399 11429445 8995369 1000 1131844 90478 10037735 9677215 30050 -662581 49315 8995369 9005079 64450 1769229 1161543 9677215 0.44000 0.18000 0.38000 0 0 975902 975902 53106729 28106894 24999835 3375591 2003285 1372306 19781181 13256859 6524322 3081201 3081201 36953566 OPERATING LEASE 5736735 ASSETS HELD FOR SALE 3137000 BENEFICIAL INTEREST IN TRUSTS 794588 9668323 REFUNDABLE ADVANCES 705070 OPERATING LEASE LIABILITIES 6080800 6785870 X 40000305 995474 -4257691 -3262217 43262522 -85770 -85770 43176752 37978108 85770 85770 37892338 3136497 3136497 41028835 PART X, LINE 2: IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS -3,136,497. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -11,680. IMPAIRMENT LOSS -1,109,514. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -74,807. RENTAL EXPENSE -10,963. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 74,807. RENTAL EXPENSE 10,963. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS 3,136,497. 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'S RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE, WWW.LACKAWANNA.EDU. SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN THE DEPT OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM. ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS AND FOR CAPITAL PROJECTS. LC CLAYSHOOT 81510 68510 13000 12750 6532 21956 GOLF TOURNAMENT 62925 46125 16800 900 10537 8783 6814 1 17714 12434 5280 2250 2035 2250 162149 127069 35080 900 25537 17350 31020 74807 -39727 1 SCHOLARSHIPS 947 3136497 PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED TO STUDENTS WHO MEET THE FINANCIAL REQUIREMENTS AS DEMONSTRATED BY THE RESULTS FROM FEDERAL FREE APPLICATION FOR FEDERAL STUDENT AID. RESTRICTED AND ENDOWED SCHOLARSHIP RECIPIENTS MEET THE SPECIFIC CRITERIA AS IDENTIFIED BY THE DONORS. X X X X 0 0 0 0 0 0 0 1 0 DR JILL MURRAY PRESIDENT 214143 0 60000 0 0 0 12849 0 11335 0 298327 0 0 0 THOMAS ELTRINGHAM CHIEF OPERATING OFFICER 131713 0 30000 0 0 0 5431 0 29501 0 196645 0 0 0 ERICA BARONE PRICCI PROVOST 138249 0 36500 0 0 0 8295 0 6467 0 189511 0 0 0 RENEE MUNDY VP FOR HUMAN RESOURCES 123109 0 36500 0 0 0 7387 0 20997 0 187993 0 0 0 JOHN RISBOSKIN VP FOR FINANCE & ADMIN 123939 0 32000 0 0 0 7436 0 20997 0 184372 0 0 0 BRIAN COSTANZO VP FOR GOVT AFFAIRS 120354 0 15000 0 0 0 7221 0 29501 0 172076 0 0 0 PART I, LINE 7 THE BOARD OF TRUSTEES DETERMINED THAT A BONUS TO CERTAIN EMPLOYEES OF THE COLLEGE WAS WARRANTED FOR THEIR EXTRAORDINARY EFFORT ASSOCIATED WITH A POTENTIAL MERGER WITH ANOTHER INSTITUTION OF HIGHER EDUCATION. A ABINGTON TOWNSHIP MUNICIPAL AUTHORITY 231708665 2010-09-29 6700000 ACQUIRE LAND, BUILDING AND VARIOUS CAPITAL ACQUISITIONS 0 0 0 B WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 2012-05-15 4500000 REFUND 2001, VARIOUS CAPITAL ACQUISITIONS 0 0 0 C WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 2014-12-17 6500000 ACQUIRE LAND, BUILDING AND VARIOUS EQUIPMENT 0 0 0 D WAVERLY TOWNSHIP MUNICIPAL AUTHORITY 231708665 2017-12-28 6815000 REFUND 2008, BUILDING RENOVATIONS, VARIOUS CAPITAL ACQUISITIONS 0 0 0 A 4474164 6700000 134000 6566000 2010 0 0 1 1 B 2610516 4500000 90000 1040520 3369480 2012 1 0 1 1 C 2166142 6500000 107568 6392432 2014 0 0 1 1 D 1744077 6815000 85098 2911547 2018 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 0 B 0 C 0 D 0 FORM 990, PART VI, SECTION B, LINE 11B A PDF COPY OF THE 990 IS SENT TO BOARD MEMBERS PRIOR TO FILING FOR APPROVAL. THE FORM 990 IS THEN DISCUSSED AT THE NEXT BOARD MEETING EITHER PRIOR TO OR AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH BOARD MEMBERS AND EACH MEMBER SIGNS A DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE SALARY AND BENEFITS OF THE PRESIDENT BY UTILIZING THE SERVICES OF AN EXTERNAL COMPENSATION CONSULTANT AND THE COLLEGE'S LABOR LAW ATTORNEY. THE EXECUTIVE COMMITTEE ALSO REVIEWS THE SALARIES OF THE COLLEGE'S OTHER OFFICERS. THE EXECUTIVE COMMITTEE OF THE BOARD THEN TAKES THE COMPENSATION INFORMATION TO THE FULL BOARD OF TRUSTEES FOR ACTION. AS PART OF THIS PROCESS THE EXECUTIVE COMMITTEE REVIEWS COMPARISON DATA FOR SIMILAR POSITIONS AT OTHER LIKE INSTITUTIONS OF HIGHER EDUCATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST TRUST -11,680. IMPAIRMENT LOSS -1,109,514. NET ASSETS TRANSFERRED FROM MERGER 24,865,247.