Totals
- Total revenue
- $36,331,602
- Total expenses
- $27,090,880
- Contributions and grants received
- $0
- Grants paid
- $811,168
- Program service revenue
- $34,731,686
- Investment income
- $1,530,104
- Other revenue
- $69,812
- Total assets, end of year
- $177,947,979
- Total liabilities, end of year
- $187,306,601
- Net assets or fund balances, end of year
- -$9,358,622
- Program services expenses (Part IX)
- $26,308,212
- Management and general expenses
- $782,668
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $26,308,212
Program services were 97.1% 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.
-
2a · Program service revenue: STUDENT HOUSING REVENUE
total $34,731,686 · related or exempt $34,731,686
-
3 · Investment income
total $1,530,079 · excluded $1,530,079
-
6a · Gross rents
real property $180,254
-
6b · Less rental expenses
real property $134,715
-
6c · Rental income or loss
real property $45,539
-
6d · Net rental income or loss
total $45,539 · unrelated business $26,490 · excluded $19,049
-
7a · Gross sales of assets other than inventory
other assets $25
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $25
-
7d · Net gain or loss
total $25 · excluded $25
-
11a · Other revenue: MISC. STUDENT CHARGES
total $16,473 · excluded $16,473
-
11b · Other revenue: INSURANCE CLAIMS
total $7,800 · excluded $7,800
-
11e · Other revenue, total
$24,273
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $150,000 · program services $150,000
-
2 · Grants to domestic individuals
total $661,168 · program services $661,168
-
5 · Compensation of officers, directors and key employees
total $382,259 · program services $382,259
-
7 · Other salaries and wages
total $1,774,977 · program services $1,774,977
-
8 · Pension plan contributions
total $80,368 · program services $80,368
-
9 · Other employee benefits
total $154,555 · program services $154,555
-
10 · Payroll taxes
total $117,184 · program services $117,184
-
11a · Fees: management
total $290,000 · management and general $290,000
-
11b · Fees: legal
total $4,478 · program services $4,478
-
11c · Fees: accounting
total $74,496 · management and general $74,496
-
11f · Fees: investment management
total $19,000 · management and general $19,000
-
11g · Fees: other
total $84,558 · program services $84,558
-
12 · Advertising and promotion
total $60,600 · program services $60,600
-
13 · Office expenses
total $85,145 · program services $85,145
-
14 · Information technology
total $590,615 · program services $590,615
-
16 · Occupancy
total $12,906,619 · program services $12,906,619
-
17 · Travel
total $14 · program services $14
-
19 · Conferences, conventions and meetings
total $9,072 · program services $9,072
-
22 · Depreciation, depletion and amortization
total $6,662,676 · program services $6,662,676
-
23 · Insurance
total $229,609 · program services $229,609
-
24a · Other expenses: UBI TAXES
total $3,510 · program services $3,510
-
24b · Other expenses: PUBLIC SAFETY
total $1,216,013 · program services $1,216,013
-
24c · Other expenses: RESIDENCE LIFE
total $841,547 · program services $841,547
-
24d · Other expenses: WRITE OFF OF BOND COSTS
total $399,172 · management and general $399,172
-
24e · All other expenses
total $293,245 · program services $293,245
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $108,823 · end of year $1,993
-
2 · Savings and temporary cash investments
beginning of year $41,738,806 · end of year $48,106,498
-
4 · Accounts receivable
beginning of year $753,985 · end of year $105,976
-
9 · Prepaid expenses and deferred charges
beginning of year $612,600 · end of year $600,056
-
10a · Land, buildings and equipment: cost or other basis
$228,838,748
-
10b · Land, buildings and equipment: accumulated depreciation
$101,784,704
-
10c · Land, buildings and equipment, net
beginning of year $127,948,798 · end of year $127,054,044
-
14 · Intangible assets
beginning of year $2,103,460 · end of year $2,004,232
-
15 · Other assets
beginning of year $83,554 · end of year $75,180
-
17 · Accounts payable and accrued expenses
beginning of year $4,136,682 · end of year $4,343,981
-
19 · Deferred revenue
beginning of year $51,577 · end of year $56,249
-
20 · Tax-exempt bond liabilities
beginning of year $149,856,676 · end of year $149,235,405
-
23 · Secured mortgages and notes payable
beginning of year $25,651,725 · end of year $27,428,286
-
25 · Other liabilities
beginning of year $10,992,025 · end of year $6,242,680
-
27 · Net assets without donor restrictions
beginning of year -$17,338,659 · end of year -$9,358,622
Mission and programs · 2024
Mission
UNIVERSITY STUDENT HOUSING WAS ORGANIZED FOR THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF THE WEST CHESTER UNIVERSITY FOUNDATION, AND AS SUCH OWNS, CONSTRUCTS, OPERATES, MANAGES, AND MAINTAINS HOUSING FACILITIES FOR THE BENEFIT OF WEST CHESTER UNIVERSITY AND ITS STUDENTS.
Activities or mission (Part I)
OWNS, CONSTRUCTS, MANAGES, AND MAINTAINS STUDENT HOUSING FACILITIES USED BY WEST CHESTER UNIVERSITY
-
UNIVERSITY STUDENT HOUSING, LLC ("USH") OPERATES AND MANAGES STUDENT HOUSING FACILITIES FOR 2,962 RESIDENTS FOR THE BENEFIT OF WEST CHESTER UNIVERSITY OF PENNSYLVANIA ("WCU"). USH MANAGES SIX COMFORTABLE RESIDENT COMMUNITIES LOCATED ON THE WEST CHESTER UNIVERSITY CAMPUS. USH IS RESPONSIBLE FOR THE DAY-TO-DAY MANAGEMENT OF THE COMMUNITIES. THE RESIDENCE LIFE STAFF FOR EACH COMMUNITY HANDLES ALL STUDENT-RELATED ISSUES AND IS MANAGED BY WCU. ALL USH COMMUNITIES ARE PATROLLED AND MONITORED BY WCU PUBLIC SAFETY. EACH USH COMMUNITY FEATURES PRIVATE AND SEMI-PRIVATE AIR-CONDITIONED SUITES, AN ON-SITE FITNESS CENTER, SPACIOUS STUDENT LOUNGES AND GAME ROOMS, FREE LAUNDRY AT THE RESIDENCE HALLS, ETHERNET SERVICE, AND FULL KITCHEN AND VENDING AREAS.USH WAS AT 100% OCCUPANCY FOR BOTH FALL 2024 AND SPRING 2025.
Expenses $26,308,212 · Grants $811,168 · Revenue $34,731,686
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Col Deborah J ChaseCOL DEBORAH J CHASE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Thomas E Mills IVTHOMAS E MILLS IV
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
William ScottolineWILLIAM SCOTTOLINE
TREASURER
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Matthew HollidayMATTHEW HOLLIDAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr Dawn ApgarDR DAWN APGAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr John H BakerDR JOHN H BAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mr Eric BossardMR ERIC BOSSARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mr David FlamerMR DAVID FLAMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Ms Karen Collins GibsonMS KAREN COLLINS GIBSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr Maury HobermanDR MAURY HOBERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Ms Jessica KienleMS JESSICA KIENLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mr Michael MeleMR MICHAEL MELE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mr Evan MurrayMR EVAN MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr Tahany NaggarDR TAHANY NAGGAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Ms Jacqui NorthMS JACQUI NORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mr Douglas A PacittiMR DOUGLAS A PACITTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Ms May VanMS MAY VAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr Joan M KaminskiDR JOAN M KAMINSKI
PRESIDENT (UNTIL 07/2024)
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Robert PlucienikROBERT PLUCIENIK
VICE PRESIDENT (UNTIL 07/2024)
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Keith BealeKEITH BEALE
TREASURER (UNTIL 07/2024)
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dr Sandra F MatherDR SANDRA F MATHER
SECRETARY (UNTIL 07/2024)
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Ms Debra CorneliusMS DEBRA CORNELIUS
EXECUTIVE DIRECTOR
- Total calculated
- $277,781
- From this org
- $71,638
- From related orgs
- $167,156
- Other
- $38,987
- Hours/week
- 13.5 + 31.5 related
Schedule J breakdown matched by us
- Base
- $71,638 + $167,156 related
- Bonus
- $0
- Other
- $0
- Deferred
- $6,655 + $15,529 related
- Nontaxable benefits
- $5,041 + $11,762 related
- Filer's total
- $83,334 + $194,447 related
-
Ms Christina GerenzaMS CHRISTINA GERENZA
CFO
- Total calculated
- $204,137
- From this org
- $102,846
- From related orgs
- $68,564
- Other
- $32,727
- Hours/week
- 27 + 18 related
Schedule J breakdown matched by us
- Base
- $102,846 + $68,564 related
- Bonus
- $0
- Other
- $0
- Deferred
- $9,554 + $6,370 related
- Nontaxable benefits
- $10,082 + $6,721 related
- Filer's total
- $122,482 + $81,655 related
-
Alexa LabrescoALEXA LABRESCO
SR. DIRECTOR OF HOUSING
- Total calculated
- $164,711
- From this org
- $135,335
- From related orgs
- $0
- Other
- $29,376
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $135,335
- Bonus
- $0
- Other
- $0
- Deferred
- $12,573
- Nontaxable benefits
- $16,803
- Filer's total
- $164,711
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION FOR OFFICERS IS DETERMINED BY A RELATED ORGANIZATION, WEST CHESTER UNIVERSITY FOUNDATION. METHODS INCLUDE THE USE OF A COMPENSATION COMMITTEE, FORMS 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
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
-
WEST CHESTER UNIVERSITY
$150,000
TO SUPPORT AND PROMOTE SCHOLARSHIPS AND UNIVERSITY PROGRAMS
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.
-
WEST CHESTER UNIVERSITY FOUNDATION
501(C)(3) · SUPPORT FOR WEST CHESTER UNIVERSITY OF PENNSYLVANIA · PA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621209349300727
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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