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Nonprofiteer
← CORPORATION FOR PENN STATE

Form 990 for tax year 2022

Filed by CORPORATION FOR PENN STATE.

Totals

Total revenue
$6,920
Total expenses
$6,920
Contributions and grants received
$6,920
Grants paid
$0
Program services expenses (Part IX)
$0
Management and general expenses
$6,920
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Eric Barron

    Former President

    Total calculated
    $2,037,748
    From this org
    $0
    From related orgs
    $1,992,993
    Other
    $44,755
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $876,612 related
    Bonus
    not reported + $1,000,000 related
    Other
    not reported + $116,381 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $16,420 related
    Filer's total
    not reported + $2,037,748 related

  • Neeli Bendapudi

    President

    Total calculated
    $1,281,582
    From this org
    $0
    From related orgs
    $1,239,729
    Other
    $41,853
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    not reported + $777,899 related
    Bonus
    not reported + $100,000 related
    Other
    not reported + $361,830 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $13,518 related
    Filer's total
    not reported + $1,281,582 related

  • Nicholas Jones

    Former Vice President

    Total calculated
    $695,209
    From this org
    $0
    From related orgs
    $638,208
    Other
    $57,001
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $590,112 related
    Bonus
    not reported
    Other
    not reported + $48,096 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $28,666 related
    Filer's total
    not reported + $695,209 related

  • Justin Schwartz

    Vice President

    Total calculated
    $540,064
    From this org
    $0
    From related orgs
    $483,063
    Other
    $57,001
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    not reported + $469,403 related
    Bonus
    not reported
    Other
    not reported + $13,660 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $28,666 related
    Filer's total
    not reported + $540,064 related

  • Sara F Thorndike

    Treasurer

    Total calculated
    $530,531
    From this org
    $0
    From related orgs
    $481,508
    Other
    $49,023
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    not reported + $481,508 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $20,688 related
    Filer's total
    not reported + $530,531 related

  • Frank T Guadagnino

    Former Director

    Total calculated
    $474,766
    From this org
    $0
    From related orgs
    $427,611
    Other
    $47,155
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $397,113 related
    Bonus
    not reported
    Other
    not reported + $30,498 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $18,820 related
    Filer's total
    not reported + $474,766 related

  • Michael Wade Smith

    Director

    Total calculated
    $400,262
    From this org
    $0
    From related orgs
    $362,965
    Other
    $37,297
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    not reported + $356,726 related
    Bonus
    not reported
    Other
    not reported + $6,239 related
    Deferred
    not reported + $28,335 related
    Nontaxable benefits
    not reported + $8,962 related
    Filer's total
    not reported + $400,262 related

  • Shannon S Harvey

    Secretary

    Total calculated
    $195,818
    From this org
    $0
    From related orgs
    $138,475
    Other
    $57,343
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    not reported + $129,726 related
    Bonus
    not reported
    Other
    not reported + $8,749 related
    Deferred
    not reported + $49,488 related
    Nontaxable benefits
    not reported + $7,855 related
    Filer's total
    not reported + $195,818 related

  • Tracy Riegel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Wagman

    Director

    Total calculated
    $0
    Hours/week
    1

  • M Abraham Harpster

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mark H Dambly

    Director

    Total calculated
    $0
    Hours/week
    1

  • David M Kleppinger

    Director

    Total calculated
    $0
    Hours/week
    1

  • Randolph B Houston Jr

    Director

    Total calculated
    $0
    Hours/week
    1

  • Matthew W Schuyler

    Chairman of Board

    Total calculated
    $0
    Hours/week
    1

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 — 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

  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Other non-fixed payments (Part I, line 7)
Bonuses are based on several individual and organizational variables. Bonuses are calculated, determined, and approved by the related organizational Board as prepared by the compensation committee.
General Explanation Attachment
Part VII/Schedule J reflect directors and officers receiving compensation and benefits from a related organization. All remuneration reported was for services rendered as full-time employees of a related organization and not for services rendered to the filing organization.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
3 April 2024
IRS schema version
2022v5.0
Source object
202441019349301604

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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