University Of Scranton, Edward J Steinmetz in Scranton, Pennsylvania (PA)

University Of Scranton, Edward J Steinmetz
Employer Identification Number (EIN)	240795495
Name of Organization	University Of Scranton
Secondary Name	Edward J Steinmetz
In Care of Name	Office Of Treasurer
Address	800 Linden Street, Scranton, PA 18510-2429
Activities	Hospital, Publishing activities, Church, synagogue, etc
Subsection	Charitable Organization, Educational Organization
Ruling Date	05/1942
Deductibility	Contributions are deductible
Foundation	School
Organization	Association
Exempt Organization Status	Unconditional Exemption
Tax Period	05/2014
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$542,057,336
Amount of Income	$327,494,907
Form 990 Revenue Amount	$240,201,889
National Taxonomy of Exempt Entities (NTEE)	Educational Institutions and Related Activities: University or Technological Institute

Non-representatives - add comments:

Amount of income in 2014: $327,494,907

University Of Scranton, Edward J Steinmetz:	$327,494,907
Other organizations performing similar types of work:	$136,725,850

Assets in 2014: $542,057,336

This organization:	$542,057,336
Other organizations performing similar types of work:	$239,530,668

Expenses in 2013: $204,226,623

This organization:	$204,226,623
Other organizations performing similar types of work:	$107,808,210

Income to expenses ratio in 2013: 1.6

University Of Scranton, Edward J Steinmetz:	1.6
Other organizations performing similar types of work:	1.1

Expenses allocated to program services in 2007: 84.7%

University Of Scranton, Edward J Steinmetz:	84.7%
Other organizations performing similar types of work:	85.4%

Number of employees in 2013: 3,086

This organization:	3,086
Other organizations performing similar types of work:	1,977

Employees paid over $100,000 in 2013: 4.6%

This organization:	4.6%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2013: 4.1%

This organization:	4.1%
Other organizations performing similar types of work:	9.1%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?		Yes
Is the organization required to complete Schedule B, Schedule of Contributors?		Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?		No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?		Yes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?		No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?		No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?		No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?		Yes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?		No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?		Yes
Did the organization report an amount for land, buildings, and equipment?		Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?		Yes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?		No
Did the organization report an amount for other assets that is 5% or more of its total assets?		No
Did the organization report an amount for other liabilities?		Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?		Yes
Did the organization obtain separate, independent audited financial statements for the tax year?		Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?		No
Is the organization a school described in section 170(b)(1)(A)(ii)?		Yes
Did the organization maintain an office, employees, or agents outside of the United States?		No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?		Yes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?		No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?		No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?		Yes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?		Yes
Did the organization report more than $15,000 of gross income from gaming activities?		No
Did the organization operate one or more hospital facilities?		No
Did the organization attach a copy of its audited financial statements?		No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?		No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?		Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?		Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?		Yes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?		No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?		No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?		No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?		No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?		No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?		Yes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?		No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?		No
A family member of a current or former officer, director, trustee, or key employee?		No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?		No
Did the organization receive more than $25,000 in non-cash contributions?		Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?		Yes
Did the organization liquidate, terminate, or dissolve and cease operations?		No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?		No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?		No
Was the organization related to any tax-exempt or taxable entity?		No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?		No
Did the organization make any transfers to an exempt non-charitable related organization?		No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?		No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096			8,854
The number of Forms W-2G			0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?			Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return			3,086
Did the organization file all required federal employment tax returns?			Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes
Has it filed a Form 990-T for this year?			Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?			No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?			No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?			No
Did the organization file Form 8886-T?			No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?			No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?			No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?			Yes
Did the organization notify the donor of the value of the goods or services provided?			Yes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?			No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?			No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?			No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?			No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?			No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?			No
Did the sponsoring organization make any taxable distributions under section 4966?			No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?			No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?			No
The amount of tax-exempt interest received or accrued during the year			$0
Is the organization licensed to issue qualified health plans in more than one state?			No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans			$0
The amount of reserves on hand			$0
Did the organization receive any payments for indoor tanning services during the tax year?			No
Has it filed a Form 720 to report these payments?			No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization		$3,491,104
Total reportable compensation from related organizations		$0
Total estimated amount of other compensation from the organization and related organizations		$676,939
Total number of individuals who received more than $100,000 of reportable compensation from the organization		102
Total number of independent contractors who received more than $100,000 of compensation from the organization		40

	2011	2012	2013
Statement of Revenue
Total revenue	$227,883,304	$212,862,694	$219,351,611
Contributions, Gifts, Grants and Other Similar Amounts	$19,324,788	$9,970,838	$8,903,696
Program Service Revenue	$183,101,536	$196,043,903	$201,895,641
Colleges, Universities, and Professional Schools			$166,550,868
Rooming and Boarding Houses			$35,344,773
All other program service revenue			$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$3,850,510	$3,346,829	$2,394,895
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$0	$0	$0
Net rental income	$60,675	$29,673	$33,874
Gross rents (Real / Personal)	$546,211 / $0	$112,182 / $0	$135,065 / $0
Less: rental expenses (Real / Personal)	$485,536 / $0	$82,509 / $0	$101,191 / $0
Rental income or (loss) (Real / Personal)	$60,675 / $0	$29,673 / $0	$33,874 / $0
Net gain/loss from sales of assets other than inventory	$3,621,772	$1,846,539	$3,648,401
Gross amount from sales of assets other than inventory (Securities / Other)	$342,304,473 / $0	$155,443,194 / $0	$55,551,979 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$338,682,701 / $0	$153,596,655 / $0	$51,832,663 / $70,915
Gain or (loss) (Securities / Other)	$3,621,772 / $0	$1,846,539 / $0	$3,719,316 / $-70,915
Net income/loss from fundraising events	$-193,968	$-154,502	$-137,300
Gross income from fundraising events	$107,970	$98,540	$81,900
Less: direct expenses	$301,938	$253,042	$219,200
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$18,117,991	$1,779,414	$2,612,404
Educational Support Services			$1,818,956
Recreational and Vacation Camps (except Campgrounds)			$462,121
323100			$331,327
All other revenue			$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$185,038,781	$196,591,263	$204,226,623
Grants and other assistance to domestic organizations and domestic governments			$0
Grants and other assistance to domestic individuals			$55,710,502
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals			$0
Benefits paid to or for members			$0
Compensation of current officers, directors, trustees, and key employees	$4,139,090	$3,102,830	$3,612,994
Compensation not included above, to disqualified persons			$0
Other salaries and wages	$58,874,114	$61,774,030	$62,601,416
Pension plan accruals and contributions			$5,262,827
Other employee benefits			$16,252,740
Payroll taxes	$3,886,991	$4,230,932	$4,302,243
Fees for services (non-employees)
Management			$0
Legal			$187,281
Accounting			$152,820
Lobbying			$94,700
Professional fundraising services	$59,300	$42,500	$42,500
Investment management fees			$535,212
Other			$1,488,795
Advertising and promotion			$903,624
Office expenses			$2,434,216
Information technology			$2,393,251
Royalties			$0
Occupancy			$3,381,718
Travel			$1,088,655
Payments of travel or entertainment expenses for any federal, state, or local public officials			$0
Conferences, conventions, and meetings			$1,319,378
Interest			$7,446,352
Payments to affiliates			$0
Depreciation, depletion, and amortization			$12,861,203
Insurance			$569,128
Other expenses			$8,845,991
Other expenses			$3,969,628
Other expenses			$2,060,839
Other expenses			$620,398
Other expenses			$6,088,212

	2011	2012	2013
Balance Sheet
Total assets	$503,151,380	$497,602,727	$518,602,682
Cash - non-interest-bearing			$0
Savings and temporary cash investments			$14,579,487
Pledges and grants receivable, net			$6,136,891
Accounts receivable, net			$5,526,126
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees			$157
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations			$0
Notes and loans receivable, net			$3,369,716
Inventories for sale or use			$0
Prepaid expenses and deferred charges			$4,358,566
Land, buildings, and equipment: cost or other basis			$281,265,240
Investments - publicly traded securities			$102,538,145
Investments - other securities			$100,828,354
Investments - program-related			$0
Intangible assets			$0
Other assets			$0
Total liabilities	$226,317,289	$216,711,990	$204,416,675
Accounts payable and accrued expenses			$25,687,095
Grants payable			$220,151
Deferred revenue			$10,876,089
Tax-exempt bond liabilities	$171,275,000	$166,795,000	$162,135,000
Escrow or custodial account liability			$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons			$0
Secured mortgages and notes payable to unrelated third parties	$0	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)			$5,498,340
Total net assets or fund balances	$276,834,091	$280,890,737	$314,186,007
Unrestricted net assets			$206,962,960
Temporarily restricted net assets			$48,378,484
Permanently restricted net assets			$58,844,563
Capital stock or trust principal, or current funds			$0
Paid-in or capital surplus, or land, building, or equipment fund			$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	A school described in section 170(b)(1)(A)(ii)
Number of organizations supported	0
Sum of amounts of support	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$83,403,940	$89,892,150	$92,425,965	$109,109,947	$105,264,798	$118,775,381	$128,889,677	$185,541,927
Contributions, gifts, grants, and similar amounts received	$13,104,170	$12,272,777	$12,727,001	$10,728,854	$9,309,901	$10,799,001	$9,273,483	$23,719,507
Contributions to donor advised funds							$0	$0
Direct public support	$4,138,843	$3,766,057	$5,651,562	$4,950,621	$4,168,406	$6,730,317	$5,758,246	$13,299,623
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$8,965,327	$8,506,720	$7,075,439	$5,778,233	$5,141,495	$4,068,684	$3,515,237	$10,419,884
Program service revenue including government fees and contracts	$70,806,146	$75,157,001	$78,565,998	$82,767,576	$87,643,941	$95,752,009	$102,445,607	$147,663,697
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$0	$0	$0	$0	$0	$0	$2,199,755	$2,459,199
Dividends and interest from securities	$3,890,664	$3,077,493	$2,497,406	$2,280,035	$2,869,232	$4,119,257	$3,215,441	$4,079,307
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$-6,214,582	$-2,452,902	$-3,693,968	$11,558,901	$3,269,371	$5,999,553	$8,365,679	$3,978,170
Gross amount from sales of assets other than inventory	$0	$0	$552,722	$11,558,901	$3,269,371	$48,267,398	$79,712,418	$210,486,347
Less: cost or other basis and sales expenses	$6,214,582	$2,452,902	$4,246,690	$0	$0	$42,267,845	$71,346,739	$206,508,177
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$1,817,542	$1,837,781	$2,329,528	$1,774,581	$2,172,353	$2,105,561	$3,389,712	$3,642,047
Total expenses	$87,714,563	$92,259,552	$92,959,015	$95,670,609	$99,715,349	$101,464,055	$113,097,865	$159,370,506
Program services	$72,407,169	$75,276,383	$75,156,209	$77,144,124	$80,397,685	$82,073,135	$90,356,740	$134,941,910
Management and general	$13,971,222	$15,634,832	$16,472,496	$17,016,131	$18,040,311	$18,089,985	$20,676,587	$21,027,792
Fundraising	$1,336,172	$1,348,337	$1,330,310	$1,510,354	$1,277,353	$1,300,935	$2,064,538	$3,400,804
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$136,572,764	$129,415,082	$129,258,302	$141,995,172	$150,896,550	$170,970,646	$196,138,809	$210,467,254
Excess or (deficit) for the year	$-4,310,623	$-2,367,402	$-533,050	$13,439,338	$5,549,449	$17,311,326	$15,791,812	$26,171,421
Net assets or fund balances at beginning of year	$140,883,387	$136,572,764	$129,415,082	$129,258,302	$141,995,172	$150,896,550	$170,970,646	$196,138,809
Other changes in net assets or fund balances	$0	$-4,790,280	$376,270	$-702,468	$3,351,929	$2,762,770	$9,376,351	$-11,842,976

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$159,370,506	$134,941,910	$21,027,792	$3,400,804
Grants paid from donor advised funds		$0
Other grants and allocations		$43,920,715
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$1,582,493	$416,494	$876,480	$289,519
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$50,539,586	$41,491,023	$8,132,069	$916,494
Pension plan contributions not included above	$4,127,700	$3,350,107	$689,109	$88,484
Employee benefits not included above	$9,817,932	$4,093,860	$5,620,170	$103,902
Payroll taxes	$3,445,564	$2,822,772	$549,641	$73,151
Professional fundraising fees	$434,894	$0	$0	$434,894
Accounting fees	$113,371	$113,371	$0	$0
Legal fees	$103,500	$902	$102,598	$0
Supplies	$2,500,065	$1,490,809	$925,978	$83,278
Telephone	$285,478	$176,729	$87,285	$21,464
Postage and shipping	$512,627	$320,414	$109,096	$83,117
Occupancy	$4,020,716	$4,017,608	$3,108	$0
Equipment rental and maintenance	$923,597	$511,964	$411,633	$0
Printing and publications	$1,569,773	$661,474	$729,949	$178,350
Travel	$942,069	$870,262	$48,250	$23,557
Conferences, conventions, and meetings	$1,091,225	$841,627	$219,191	$30,407
Interest	$4,698,198	$4,698,198	$0	$0
Depreciation, depletion, etc.	$7,345,433	$7,345,433	$0	$0
Other expenses not covered above	$21,395,570	$17,798,148	$2,523,235	$1,074,187

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$238,060,458	$228,405,367	$233,881,023	$241,175,106	$247,415,582	$293,403,317	$327,442,815	$364,606,775
Cash - non-interest-bearing	$0	$0	$489,566	$3,682,447	$1,779,654	$0	$0	$0
Savings and temporary cash investments	$14,889,689	$22,358,371	$25,061,775	$22,580,081	$25,590,156	$35,195,746	$51,083,461	$57,624,826
Accounts receivable less allowance for doubtful accounts	$2,927,951	$2,571,625	$2,419,239	$2,811,666	$3,024,566	$3,085,707	$2,587,027	$2,325,213
Pledges receivable less allowance for doubtful accounts	$4,673,711	$3,666,599	$4,882,049	$3,925,077	$4,079,303	$3,729,721	$1,718,919	$5,571,950
Grants receivable	$1,915,590	$1,624,666	$1,029,426	$692,972	$816,868	$867,874	$792,992	$724,483
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$4,443,957	$4,499,417	$4,064,780	$3,979,294	$4,628,330	$5,432,228	$5,637,217	$5,784,083
Inventories for sale or use	$0	$0	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$986,798	$1,179,224	$1,302,821	$1,349,379	$1,351,651	$2,988,309	$2,995,967	$3,651,496
Investments - publicly-traded securities							$103,619,428	$74,491,777
Investments - other securities	$103,727,444	$87,351,981	$87,596,634	$94,702,439	$102,803,836	$140,704,948	$39,126,927	$65,382,179
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$0	$0	$0	$0	$0	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$104,495,318	$105,153,484	$107,034,733	$107,451,751	$103,341,218	$101,398,784	$119,880,877	$149,050,768
Other assets, including program-related investments	$0	$0	$0	$0	$0	$0	$0	$0
Total liabilities	$101,487,694	$98,990,285	$104,622,721	$99,179,934	$96,519,032	$122,432,671	$131,304,006	$154,139,521
Accounts payable and accrued expenses	$16,758,362	$14,386,659	$18,178,855	$16,902,058	$18,354,674	$22,684,291	$34,499,285	$30,463,766
Grants payable	$3,628,110	$3,785,643	$3,701,045	$3,874,967	$3,907,224	$1,044,079	$1,470,224	$1,579,610
Deferred revenue	$1,566,414	$3,333,807	$3,029,760	$2,801,811	$2,721,600	$384,977	$368,869	$4,391,847
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$73,850,000	$76,760,000	$73,085,000	$69,190,000	$83,875,000	$83,875,000	$113,625,000
Mortgages and other notes payable	$77,190,000	$0	$0	$0	$0	$0	$0	$0
Other liabilities	$2,344,808	$3,634,176	$2,953,061	$2,516,098	$2,345,534	$14,444,324	$11,090,628	$4,079,298
Total liabilities and net assets/fund balances	$238,060,458	$228,405,367	$233,881,023	$241,175,106	$247,415,582	$293,403,317	$327,442,815	$364,606,775
Total net assets or fund balances	$136,572,764	$129,415,082	$129,258,302	$141,995,172	$150,896,550	$170,970,646	$196,138,809	$210,467,254

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$83,403,940	$89,892,150	$92,425,965	$109,109,947	$105,264,798	$118,775,381	$128,889,677	$185,541,927
Total revenue, gains, and other support per audited financial statements	$83,403,940	$89,892,150	$92,425,965	$109,109,947	$105,264,798	$122,412,187	$138,266,028	$190,139,389
Other expenses	$0	$0	$0	$0	$0	$3,636,806	$9,376,351	$11,842,976
Net unrealized gains on investments	$0	$0	$0	$0	$0	$3,199,788	$9,376,351	$11,842,976
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$437,018	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0	$0	$7,245,514
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$7,245,514

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$87,714,563	$92,259,552	$92,959,015	$95,670,609	$99,715,169	$101,464,055	$113,097,865	$159,370,506
Total expenses and losses per audited financial statements	$87,714,563	$92,259,552	$92,959,015	$95,670,609	$99,715,169	$101,464,055	$113,097,865	$152,124,992
Other revenue	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0	$0	$7,245,514
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$7,245,514

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
35	$198,522	$51,950	$0
35	$193,901	$40,237	$0
35	$153,150	$38,234	$0
0	$0	$10,614	$12,120
35	$137,116	$32,790	$0
35	$127,358	$36,650	$0
35	$174,869	$42,095	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	37
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	2,105

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$549,598		$13,609,125	$147,663,697
Program service revenue
Program service revenue 1	000000	$0	00	$0	$123,284,976
Program service revenue 2	000000	$0	00	$0	$24,378,721
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$2,459,199	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$4,079,307	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$3,978,170	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	Rental and leasing services	$549,598	Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))	$3,092,449	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$169,269	$41,679	$0
$157,352	$41,789	$0
$150,935	$39,038	$0
$147,443	$37,105	$0
$143,583	$34,491	$0

Total number of other employees paid over $50,000	393

Total number of other employees paid over $50,000

393

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	School

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$0	$0	$0	$0	$0	$0	$0	$0
Gifts, grants, and contributions received	$0	$0	$0	$0	$0	$0	$0	$0
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0	$0	$0	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$0	$0	$0	$0	$0	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2009)
Total	$599,334	$428,746	$170,588
Gross receipts or sales less returns and allowances	$0	$0	$0
Cost of goods sold	$0	$0	$0
Gross profit	$0	$0	$0
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$0	$0	$0
Rent income	$593,898	$428,746	$165,152
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$0	$0	$0
Other income	$5,436	$0	$5,436

Deductions Not Taken Elsewhere (for 2009)
Total deductions	$349,361
Compensation of officers, directors, and trustees	$0
Salaries and wages	$195,404
Repairs and maintenance	$26,343
Bad debts	$1,975
Interest	$16,896
Taxes and licenses	$13,368
Charitable contributions	$0
Depreciation	$31,156
Depletion	$0
Contributions to deferred compensation plans	$15,574
Employee benefit programs	$48,645
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$0
Unrelated business taxable income	$-178,773
Unrelated business taxable income before net operating loss deduction	$-178,773
Net operating loss deduction	$0
Unrelated business taxable income before specific deduction	$-178,773
Specific deduction	$1,000

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Trustees Of The University Of Pennsylvania, Alpha Kappa Psi Professional Business Fraternity Epsilon Rho Chapter	3900 Walnut St, Philadelphia, PA 19104	PA	1940-10	$14,857,041,004
2	Lehigh University	524 Brodhead Ave, Bethlehem, PA 18015-3008	PA	1938-04	$2,161,638,985
3	Temple University-Of The Commonwealth System Of Higher Educ	1805 N Broad St Wachman Hall R 1108, Philadelphia, PA 19122	PA	1926-08	$2,148,727,000
4	Carnegie Mellon University, Alpha Phi Omega Kappa Chapter	5000 Forbes Ave Uc Box 157, Pittsburgh, PA 15213	PA	1992-09	$1,001,675,693
5	Villanova University	800 Lancaster Ave, Villanova, PA 19085	PA	1946-03	$726,568,361
6	Bucknell University	1 Dent Drive Finance Office, Lewisburg, PA 17837-2005	PA	1924-04	$485,903,550
7	Duquesne University Of The Holy Spirit, Phi Kappa Phi Duquesne University Chapter	600 Forbes Avenue, Pittsburgh, PA 15282	PA	1937-05	$451,461,263
8	University Of Scranton, Edward J Steinmetz	800 Linden Street, Scranton, PA 18510-2429	PA	1942-05	$327,494,907
9	La Salle University	1900 W Olney Ave, Philadelphia, PA 19141-1108	PA	1944-03	$222,169,070
10	Widener University, Attn Controller	One Widener Place, Chester, PA 19013	PA	1936-08	$211,872,831
11	William Carey University	498 Tuscan Ave Box 2, Hattiesburg, MS 39401-5461	MS	1973-03	$82,693,678
12	Mount Saint Vincent University	166 Bedford Highway, Halifax	international	1981-08	$48,966,246
13	Emory, Group Return	1440 Clifton Rd Ne Whscab Ste 309, Atlanta, GA 30322-0001	GA	2011-06	$1,342,412,951
14	University Of Science & Philosophy	PO BOX 520, Waynesboro, VA 22980-0384	VA	1958-12	$227,455
15	Emory Innovations Inc	201 Dowman Dr Ne 101 Admin Bldg, Atlanta, GA 30322-0001	GA	2011-06	$0
16	Emorysaint Joseph's Inc	1440 Clifton Road Ne Whscab, Atlanta, GA 30322	GA	2011-06	$0
17	Great Lakes University	Po Box 4347, Auburn Hills, MI 48326	MI	2007-09	$0
18	Medical And Technological University Of America Foundation	683 Windmill Ct, Fremont, CA 94539	CA	2007-11	$0
19	Momentum Leadership School Of Ministry Inc	15 Kibbe Road, East Longmeadow, MA 01028	MA	2009-07	$0
20	Nelson Mandella Institution For Knowledge Building & Advancement	1825 I St Nw Ste 400, Washington, DC 20006-5415	DC	2007-12	$0

Number of organizations performing similar types of work

Alaska	1
Alabama	4
Arkansas	1
Arizona	2
California	36
Colorado	5
Connecticut	9
District of Columbia	6
Delaware	2
Florida	10
Georgia	10
Hawaii	2
Iowa	7
Illinois	19
Indiana	6
Kansas	4
Kentucky	4
Louisiana	4
Massachusetts	19
Maryland	7
Maine	2
Michigan	11
Minnesota	5

Missouri	9
Mississippi	1
North Carolina	11
North Dakota	1
Nebraska	2
New Hampshire	3
New Jersey	12
New York	37
Ohio	20
Oklahoma	5
Oregon	5
Pennsylvania	29
Rhode Island	3
South Carolina	2
Tennessee	6
Texas	20
Utah	1
Virginia	11
Vermont	3
Washington	9
Wisconsin	8
West Virginia	2
International	20

Total

396

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