Totals
- Total revenue
- $53,263,493
- Total expenses
- $53,204,410
- Contributions and grants received
- $10,129,913
- Grants paid
- $20,793,731
- Program service revenue
- $41,862,266
- Investment income
- $1,046,058
- Other revenue
- $225,256
- Total assets, end of year
- $95,103,100
- Total liabilities, end of year
- $37,946,299
- Net assets or fund balances, end of year
- $57,156,801
- Program services expenses (Part IX)
- $50,085,537
- Management and general expenses
- $2,428,935
- Fundraising expenses
- $689,938
- Program service expenses (Part III)
- $50,085,537
Program services were 94.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$19,755
-
1e · Government grants (contributions)
$1,906,657
-
1f · All other contributions, gifts and grants
$8,203,501
-
1g · Noncash contributions included above
$8,100
-
2a · Program service revenue: TUITION AND FEES
total $32,893,755 · related or exempt $32,893,755
-
2b · Program service revenue: AUXILIARY ENTERPRISES
total $8,968,511 · related or exempt $8,968,511
-
3 · Investment income
total $1,464,432 · excluded $1,464,432
-
4 · Income from investment of tax-exempt bond proceeds
total $82,576 · excluded $82,576
-
6a · Gross rents
real property $3,750
-
6b · Less rental expenses
real property $15,007
-
6c · Rental income or loss
real property -$11,257
-
6d · Net rental income or loss
total -$11,257 · excluded -$11,257
-
7a · Gross sales of assets other than inventory
securities $6,036,923
-
7b · Less cost or other basis and sales expenses
securities $6,537,873
-
7c · Gain or loss
securities -$500,950
-
7d · Net gain or loss
total -$500,950 · excluded -$500,950
-
8a · Fundraising events: gross income
$14,350
-
8a · Fundraising events: contributions included on line 1c
$19,755
-
8b · Fundraising events: direct expenses
$25,273
-
8c · Net income from fundraising events
total -$10,923 · excluded -$10,923
-
11a · Other revenue: SPECIAL EVENTS
total $89,528 · excluded $89,528
-
11b · Other revenue: INSURANCE SETTLEMENT
total $51,726 · excluded $51,726
-
11c · Other revenue: ATHLETICS INCOME
total $26,709 · excluded $26,709
-
11d · All other revenue
total $79,473 · excluded $79,473
-
11e · Other revenue, total
$247,436
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $20,793,731 · program services $20,793,731
-
5 · Compensation of officers, directors and key employees
total $1,156,121 · program services $512,509 · management and general $498,933 · fundraising $144,679
-
7 · Other salaries and wages
total $11,551,431 · program services $10,861,270 · management and general $362,519 · fundraising $327,642
-
8 · Pension plan contributions
total $451,310 · program services $392,123 · management and general $39,857 · fundraising $19,330
-
9 · Other employee benefits
total $1,935,462 · program services $1,840,955 · management and general $60,896 · fundraising $33,611
-
10 · Payroll taxes
total $922,540 · program services $818,513 · management and general $68,917 · fundraising $35,110
-
11b · Fees: legal
total $46,359 · management and general $46,359
-
11c · Fees: accounting
total $88,110 · management and general $88,110
-
11f · Fees: investment management
total $149,968 · management and general $149,968
-
11g · Fees: other
total $3,812,400 · program services $3,686,514 · management and general $84,730 · fundraising $41,156
-
12 · Advertising and promotion
total $535,512 · program services $511,920 · management and general $23,584 · fundraising $8
-
13 · Office expenses
total $1,241,185 · program services $858,871 · management and general $344,849 · fundraising $37,465
-
14 · Information technology
total $941,889 · program services $941,889
-
16 · Occupancy
total $1,367,025 · program services $1,335,446 · management and general $31,579
-
17 · Travel
total $554,408 · program services $520,040 · management and general $7,848 · fundraising $26,520
-
19 · Conferences, conventions and meetings
total $1,279 · program services $1,279
-
20 · Interest
total $1,954,830 · program services $1,954,830
-
22 · Depreciation, depletion and amortization
total $3,658,310 · program services $3,658,310
-
23 · Insurance
total $595,569 · management and general $591,405 · fundraising $4,164
-
24a · Other expenses: EQUIPMENT/LEASES
total $437,570 · program services $437,570
-
24b · Other expenses: STUDENT SERVICES
total $405,349 · program services $404,809 · management and general $540
-
24c · Other expenses: SPECIAL PROGRAMMING
total $164,997 · program services $164,997
-
24d · Other expenses: RESERVE LOAN LOSSES
total $7,214 · program services $7,214
-
24e · All other expenses
total $431,841 · program services $382,747 · management and general $28,841 · fundraising $20,253
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,638 · end of year $1,686
-
2 · Savings and temporary cash investments
beginning of year $8,692,601 · end of year $6,660,010
-
3 · Pledges and grants receivable
beginning of year $2,958,968 · end of year $2,304,742
-
4 · Accounts receivable
beginning of year $2,226,537 · end of year $1,923,349
-
8 · Inventories for sale or use
beginning of year $150,790 · end of year $153,386
-
9 · Prepaid expenses and deferred charges
beginning of year $999,288 · end of year $801,846
-
10a · Land, buildings and equipment: cost or other basis
$117,981,713
-
10b · Land, buildings and equipment: accumulated depreciation
$77,505,801
-
10c · Land, buildings and equipment, net
beginning of year $40,729,783 · end of year $40,475,912
-
11 · Investments: publicly traded securities
beginning of year $28,022,598 · end of year $33,947,264
-
13 · Investments: program-related
beginning of year $510,612 · end of year $432,766
-
15 · Other assets
beginning of year $7,727,778 · end of year $8,402,139
-
17 · Accounts payable and accrued expenses
beginning of year $1,882,865 · end of year $1,797,564
-
19 · Deferred revenue
beginning of year $658,176 · end of year $672,805
-
20 · Tax-exempt bond liabilities
beginning of year $30,961,650 · end of year $30,501,519
-
23 · Secured mortgages and notes payable
beginning of year $475,432 · end of year $422,543
-
25 · Other liabilities
beginning of year $4,502,069 · end of year $4,551,868
-
27 · Net assets without donor restrictions
beginning of year $6,033,221 · end of year $3,227,579
-
28 · Net assets with donor restrictions
beginning of year $47,507,180 · end of year $53,929,222
Mission and programs · 2022
Mission
THIEL COLLEGE EMPOWERS INDIVIDUALS TO REACH THEIR FULL POTENTIAL BY CREATING A DIVERSE AND INCLUSIVE LEARNING ENVIRONMENT THAT ENSURES EDUCATIONAL EXCELLENCE, STIMULATES GLOBAL AWARENESS, AND PROMOTES ETHICAL LEADERSHIP. IN DOING SO, THIEL PREPARES STUDENTS FOR CAREERS AND LIVES OF MEANING AND PURPOSE.
Activities or mission (Part I)
POST SECONDARY UNDERGRADUATE AND GRADUATE EDUCATION.
-
FOUNDED IN 1866 AS A COEDUCATIONAL INSTITUTION IN WESTERN PENNSYLVANIA, THIEL COLLEGE IS AN INDEPENDENT LIBERAL ARTS COLLEGE ROOTED IN THE LUTHERAN TRADITION. OFFERING DISTINCTIVE PROGRAMS IN THE ARTS AND HUMANITIES, SOCIAL AND NATURAL SCIENCES, AND PROFESSIONAL STUDIES, TOGETHER WITH ENGAGING CO-CURRICULAR AND ATHLETIC OPPORTUNITIES, THIEL PROVIDES AN ACCESSIBLE AND INCLUSIVE LEARNING ENVIRONMENT THAT EMPHASIZES SERVICE TO SOCIETY. THIEL'S RESIDENTIAL CAMPUS OFFERS A SAFE AND SUPPORTIVE SETTING IN WHICH TO GROW AND LEARN.CONTINUED ON SCHEDULE O.THIEL COLLEGE IS AN INDEPENDENT LIBERAL ARTS, SCIENCES AND PROFESSIONAL STUDIES INSTITUTION COMMITTED TO PROVIDING QUALITY UNDERGRADUATE AND GRADUATE EDUCATION AND IS ACCREDITED BY THE MIDDLE STATES COMMISSION OF HIGHER EDUCATION.THIEL'S FALL ENROLLMENT WAS 777 UNDERGRADUATE STUDENTS AND 103 GRADUATE STUDENTS IN FOUR (SLP, PA, MBA, MHC) GRADUATE PROGRAMS; SPRING ENROLLMENT WAS 721 UNDERGRADUATE AND 101 GRADUATE STUDENTS. THE COLLEGE AWARDED MORE THAN $20.1 MILLION DOLLARS OF AID TO THESE STUDENTS.FISCAL 2023 CONTINUED TO BE CHALLENGING, IN LARGE PART TO THE LINGERING EFFECTS OF THE PANDEMIC THAT HAS AFFECTED THE OPERATION OF COLLEGES AND UNIVERSITIES WORLDWIDE; INCLUDING BUT NOT LIMITED TO INFLATION, SUPPLY CHAIN ISSUES, RECRUITMENT CHALLENGES. THIEL COLLEGE CONTINUES TO BE ABLE TO SERVE OUR STUDENTS FACE TO FACE, ALBEIT WITH MASSIVE ADJUSTMENTS IN THE DELIVERY OF OUR CLASSES SUCH AS THE OPTION FOR REMOTE LEARNING AND INTERACTIONS WITH PROFESSORS.
Expenses $50,085,537 · Grants $20,793,731 · Revenue $41,862,266
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rod E WiltROD E WILT
CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Robert BurnsDR ROBERT BURNS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Dominic DionisioDOMINIC DIONISIO
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Mark BenninghoffMARK BENNINGHOFF
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Edward BartkoDR EDWARD BARTKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Beverly CiglarDR BEVERLY CIGLAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Ricardo DaleyRICARDO DALEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Leah DeverLEAH DEVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Brian EvansBRIAN EVANS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr John R FrangakisDR JOHN R FRANGAKIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Fred HaerFRED HAER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Bruce HartmanBRUCE HARTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Matthew HughesMATTHEW HUGHES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Rick HuetherRICK HUETHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Diann KuderDIANN KUDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Frank MaenpaDR FRANK MAENPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Catherine MottCATHERINE MOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Nathan NeelyNATHAN NEELY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Maggie NorrisMAGGIE NORRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Brian NowakBRIAN NOWAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Mary OdemMARY ODEM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Antonio QuartermnDR ANTONIO QUARTERMN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Robert RogalskiROBERT ROGALSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Nicholas RomanoNICHOLAS ROMANO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Mathew SaurMATHEW SAUR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Miles WallaceMILES WALLACE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael WaltonMICHAEL WALTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Cathryn ZawackiCATHRYN ZAWACKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
John HudsonJOHN HUDSON
TRUSTEE (UNTIL 11/22)
- Total calculated
- $0
- Hours/week
- 1.5
-
Dale W DeistDALE W DEIST
TRUSTEE (UNTIL 11/22)
- Total calculated
- $0
- Hours/week
- 1.5
-
Terri EddyTERRI EDDY
TRUSTEE (UNTIL 11/22)
- Total calculated
- $0
- Hours/week
- 1.5
-
William V ParkerWILLIAM V PARKER
TRUSTEE (UNTIL 11/22)
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael ZawoyskyMICHAEL ZAWOYSKY
TRUSTEE (UNTIL 11/22)
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Frank BakerDR FRANK BAKER
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Ruthanne Beighley EsqRUTHANNE BEIGHLEY ESQ
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Alan FagerALAN FAGER
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr Carl Hoffman JrDR CARL HOFFMAN JR
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr James McHughDR JAMES MCHUGH
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr Peter MortensonDR PETER MORTENSON
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Barbara NaklesBARBARA NAKLES
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Mark NordenbergMARK NORDENBERG
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr James PedasDR JAMES PEDAS
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Edward G RedmanEDWARD G REDMAN
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr Roy StrausbaughDR ROY STRAUSBAUGH
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 0
-
Dr John L VitaleDR JOHN L VITALE
TRUSTEE EMERTI
- Total calculated
- $0
- Hours/week
- 1.5
-
Dr Susan TraversoDR SUSAN TRAVERSO
PRESIDENT
- Total calculated
- $405,438
- From this org
- $334,713
- From related orgs
- $25,000
- Other
- $45,725
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- $76,313
- Other
- $8,400 + $25,000 related
- Deferred
- $24,167
- Nontaxable benefits
- $21,558
- Filer's total
- $380,438 + $25,000 related
-
Dr Greg ButcherDR GREG BUTCHER
VP ACADEMIC AFFAIRS & DEAN
- Total calculated
- $133,267
- From this org
- $108,610
- From related orgs
- $0
- Other
- $24,657
- Hours/week
- 40
-
Ashley ZulloASHLEY ZULLO
VP ENROLLMENT MANAGEMENT
- Total calculated
- $158,254
- From this org
- $151,140
- From related orgs
- $0
- Other
- $7,114
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,140
- Bonus
- $0
- Other
- $0
- Deferred
- $6,732
- Nontaxable benefits
- $382
- Filer's total
- $158,254
-
Roberta LeonardROBERTA LEONARD
VP COLLEGE ADVANCEMENT
- Total calculated
- $143,488
- From this org
- $128,997
- From related orgs
- $0
- Other
- $14,491
- Hours/week
- 40
-
Michael McKinneyMICHAEL MCKINNEY
VP STUDENT LIFE & DEAN
- Total calculated
- $123,116
- From this org
- $117,450
- From related orgs
- $0
- Other
- $5,666
- Hours/week
- 40
-
Amy ArbogastAMY ARBOGAST
VP FINANCE & ADMINISTRATION
- Total calculated
- $184,396
- From this org
- $177,217
- From related orgs
- $0
- Other
- $7,179
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,217
- Bonus
- $0
- Other
- $0
- Deferred
- $7,179
- Nontaxable benefits
- $0
- Filer's total
- $184,396
-
Richard OrrRICHARD ORR
ED COMMUNICATIONS & MARKET
- Total calculated
- $121,510
- From this org
- $95,975
- From related orgs
- $0
- Other
- $25,535
- Hours/week
- 40
-
Anthony KosANTHONY KOS
PROFESSOR, DEPT. CHAIR
- Total calculated
- $139,436
- From this org
- $114,514
- From related orgs
- $0
- Other
- $24,922
- Hours/week
- 40
-
Mary Beth MasonMARY BETH MASON
PROFESSOR, SL PROGRAM DIR.
- Total calculated
- $158,332
- From this org
- $137,474
- From related orgs
- $0
- Other
- $20,858
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,474
- Bonus
- $0
- Other
- $0
- Deferred
- $4,178
- Nontaxable benefits
- $16,680
- Filer's total
- $158,332
-
Lynn WilliamsLYNN WILLIAMS
PA PROG MED DIRECTOR & AP
- Total calculated
- $146,876
- From this org
- $140,360
- From related orgs
- $0
- Other
- $6,516
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE PRESIDENT'S SPOUSE ACCOMPANIES THE PRESIDENT WHEN ON COLLEGE BUSINESS AS NECESSARY AND/OR DESIRABLE. THE PRESIDENT AND FAMILY ARE PROVIDED WITH CAMPUS-OWNED HOUSING WHICH IS INCLUDED IN HER NONTAXABLE BENEFITS.
- PART I, LINE 4B
- THE PRESIDENT, DR. SUSAN TRAVERSO, RECEIVED DEFERRED CONTRIBUTIONS TO A 457(F) PLAN IN THE AMOUNT OF $20,000 DURING THE CALENDAR YEAR 2022.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
TRP DEVELOPMENT
NATURAL GAS WELL · PA · income $0 · assets $0
Directly controlled by THIEL COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441359349301609
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.