Totals
- Total revenue
- $52,549,612
- Total expenses
- $52,959,580
- Contributions and grants received
- $5,284,843
- Grants paid
- $15,551,115
- Program service revenue
- $41,264,364
- Investment income
- $3,391,120
- Other revenue
- $2,609,285
- Total assets, end of year
- $110,618,166
- Total liabilities, end of year
- $23,892,578
- Net assets or fund balances, end of year
- $86,725,588
- Program services expenses (Part IX)
- $42,107,473
- Management and general expenses
- $9,648,569
- Fundraising expenses
- $1,203,538
- Program service expenses (Part III)
- $42,107,473
Program services were 79.5% 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
$23,189
-
1e · Government grants (contributions)
$936,643
-
1f · All other contributions, gifts and grants
$4,325,011
-
1g · Noncash contributions included above
$102,825
-
2a · Program service revenue: TUITION AND FEES
total $38,677,737 · related or exempt $38,677,737
-
2b · Program service revenue: RESIDENCE FEES
total $2,181,684 · related or exempt $2,181,684
-
2c · Program service revenue: SWIM & SAFETY PROGRAMS
total $388,873 · related or exempt $388,873
-
2d · Program service revenue: FORTIFIED STUDENT DEPO
total $14,750 · related or exempt $14,750
-
2e · Program service revenue: INTEREST INCOME ON STU
total $1,320 · related or exempt $1,320
-
3 · Investment income
total $1,242,284 · unrelated business $2,638 · excluded $1,239,646
-
5 · Royalties
total $44,674 · excluded $44,674
-
6a · Gross rents
real property $759,423
-
6b · Less rental expenses
real property $442,375
-
6c · Rental income or loss
real property $317,048
-
6d · Net rental income or loss
total $317,048 · excluded $317,048
-
7a · Gross sales of assets other than inventory
securities $2,335,221
-
7b · Less cost or other basis and sales expenses
securities $186,385
-
7c · Gain or loss
securities $2,148,836
-
7d · Net gain or loss
total $2,148,836 · excluded $2,148,836
-
8a · Fundraising events: gross income
$34,380
-
8a · Fundraising events: contributions included on line 1c
$23,189
-
8b · Fundraising events: direct expenses
$39,320
-
8c · Net income from fundraising events
total -$4,940 · excluded -$4,940
-
11a · Other revenue: DINING FEES
total $2,050,534 · excluded $2,050,534
-
11b · Other revenue: SUMMER CAMPS
total $91,466 · unrelated business $91,466
-
11c · Other revenue: MISCELLANEOUS
total $65,740 · excluded $65,740
-
11d · All other revenue
total $44,763 · excluded $44,763
-
11e · Other revenue, total
$2,252,503
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,551,115 · program services $15,551,115
-
5 · Compensation of officers, directors and key employees
total $1,369,427 · program services $396,155 · management and general $837,322 · fundraising $135,950
-
7 · Other salaries and wages
total $16,509,636 · program services $13,432,244 · management and general $2,447,779 · fundraising $629,613
-
8 · Pension plan contributions
total $519,293 · program services $442,324 · management and general $60,178 · fundraising $16,791
-
9 · Other employee benefits
total $2,262,666 · program services $1,565,897 · management and general $550,350 · fundraising $146,419
-
10 · Payroll taxes
total $1,253,129 · program services $989,974 · management and general $213,032 · fundraising $50,123
-
11b · Fees: legal
total $29,665 · management and general $29,665
-
11c · Fees: accounting
total $87,397 · management and general $87,397
-
11f · Fees: investment management
total $264,981 · management and general $264,981
-
11g · Fees: other
total $1,732,608 · program services $1,177,266 · management and general $527,590 · fundraising $27,752
-
12 · Advertising and promotion
total $565,251 · program services $4,646 · management and general $559,866 · fundraising $739
-
13 · Office expenses
total $2,516,087 · program services $1,490,134 · management and general $884,509 · fundraising $141,444
-
14 · Information technology
total $198,949 · program services $113,013 · management and general $73,795 · fundraising $12,141
-
16 · Occupancy
total $1,863,799 · program services $1,176,554 · management and general $687,245
-
17 · Travel
total $641,569 · program services $570,758 · management and general $59,958 · fundraising $10,853
-
19 · Conferences, conventions and meetings
total $162,755 · program services $144,529 · management and general $13,050 · fundraising $5,176
-
20 · Interest
total $406,314 · program services $273,671 · management and general $132,643
-
22 · Depreciation, depletion and amortization
total $3,480,866 · program services $2,319,671 · management and general $1,161,195
-
23 · Insurance
total $479,608 · program services $31,740 · management and general $447,868
-
24a · Other expenses: AUXILIARY ENTERPRISES
total $2,090,153 · program services $2,090,153
-
24b · Other expenses: MISC. PROGRAM/ADMIN EXP
total $378,075 · program services $9,424 · management and general $368,651
-
24c · Other expenses: MEMBERSHIP FEES
total $277,880 · program services $111,401 · management and general $160,396 · fundraising $6,083
-
24d · Other expenses: DINING SERVICES
total $277,175 · program services $216,804 · management and general $45,707 · fundraising $14,664
-
24e · All other expenses
total $41,182 · management and general $35,392 · fundraising $5,790
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,000 · end of year $7,000
-
2 · Savings and temporary cash investments
beginning of year $8,205,924 · end of year $6,291,771
-
3 · Pledges and grants receivable
beginning of year $3,194,788 · end of year $2,614,537
-
4 · Accounts receivable
beginning of year $600,496 · end of year $411,591
-
9 · Prepaid expenses and deferred charges
beginning of year $525,421 · end of year $437,629
-
10a · Land, buildings and equipment: cost or other basis
$100,070,933
-
10b · Land, buildings and equipment: accumulated depreciation
$70,013,481
-
10c · Land, buildings and equipment, net
beginning of year $30,780,087 · end of year $30,057,452
-
11 · Investments: publicly traded securities
beginning of year $38,599,585 · end of year $44,846,160
-
12 · Investments: other securities
beginning of year $8,330,059 · end of year $9,233,648
-
13 · Investments: program-related
beginning of year $2,515,083 · end of year $2,361,064
-
15 · Other assets
beginning of year $13,703,031 · end of year $14,357,314
-
17 · Accounts payable and accrued expenses
beginning of year $1,132,161 · end of year $2,208,639
-
19 · Deferred revenue
beginning of year $2,559,661 · end of year $2,241,937
-
20 · Tax-exempt bond liabilities
beginning of year $15,817,358 · end of year $14,597,883
-
25 · Other liabilities
beginning of year $4,520,801 · end of year $4,844,119
-
27 · Net assets without donor restrictions
beginning of year $32,055,444 · end of year $30,610,164
-
28 · Net assets with donor restrictions
beginning of year $50,376,049 · end of year $56,115,424
Mission and programs · 2023
Mission
CEDAR CREST COLLEGE IS A LIBERAL ARTS COLLEGE PRIMARILY FOR WOMEN DEDICATED TO THE EDUCATION OF THE NEXT GENERATION OF LEADERS. THE COLLEGE PREPARES STUDENTS FOR LIFE IN A GLOBAL COMMUNITY BY EDUCATING THE WHOLE STUDENT AT ALL STAGES OF LIFE AND EXPERIENCE.
Activities or mission (Part I)
LIBERAL ARTS COLLEGE PRIMARILY FOR WOMEN DEDICATED TO EDUCATING THE NEXT GENERATION OF LEADERS.
-
THE COLLEGE CAMPUS, WITH 19 PRIMARY BUILDINGS, IS LOCATED IN THE WESTERN RESIDENTIAL SECTION OF THE CITY OF ALLENTOWN, PENNSYLVANIA IN THE LEHIGH VALLEY, WHICH HAS A COMBINED POPULATION OF APPROXIMATELY 820,000. THE COLLEGE IS WITHIN 55 MILES OF PHILADELPHIA AND 90 MILES OF NEW YORK CITY. THE COLLEGE SERVES APPROXIMATELY 1,250 STUDENTS AND HAS A 9:1 STUDENT-FACULTY RATIO. THE COLLEGE IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION.A WOMEN'S COLLEGE IN ALLENTOWN, PENNSYLVANIA, WAS FIRST ENVISIONED BY THE FATHERS OF THE UNITED CHURCH OF CHRIST, WHO, IN 1867, ESTABLISHED A PROGRAM FOR THEIR DAUGHTERS TO ACHIEVE EDUCATION BEYOND HIGH SCHOOL. MORE THAN 150 YEARS LATER, CEDAR CREST REMAINS PRIMARILY A WOMEN'S COLLEGE DEDICATED TO THE EDUCATION OF THE NEXT GENERATION OF LEADERS. THROUGH ACADEMIC COURSES, STUDENT-LIFE PROGRAMMING, ATHLETICS, ACTIVITIES, AND PRE-PROFESSIONAL PRACTICES, THE COLLEGE EMPOWERS STUDENTS TO MEET THE NEEDS OF THE FUTURE, PURSUE VARIED INTERESTS, INSPIRE PROGRESSIVE THINKING, AND CONTRIBUTE TO THE GLOBAL COMMUNITY. THE COLLEGE IS FOCUSED ON STUDENT SUCCESS, ENGAGEMENT, AND INNOVATIVE EDUCATIONAL OFFERINGS. IN 2024, THE COLLEGE LAUNCHED THE HARMON CENTER FOR LEADERSHIP IN TECHNOLOGY TO SERVE THE NEXT GENERATION OF WOMEN IN STEM. THE CENTER WILL SERVE AS A TRANFORMATIVE SPACE WHERE CEDAR CREST STUDENTS CAN CULTIVATE THE SKILLS NEEDED TO THRIVE IN AN INCREASINGLY TECH-DRIVEN WORLD. BY INTEGRATING LEADERSHIP DEVELOPMENT WITH TECHNOLOGICAL EXPERTISE, THE CENTER WILL FOSTER A UNIQUE ENVIRONMENT WHERE STUDENTS ARE ENCOURAGED TO BLEND TECHNICAL KNOWLEDGE WITH THE CRITICAL THINKING, ETHICAL DECISION-MAKING, AND LEADERSHIP SKILLS ESSENTIAL IN TODAY'S COMPLEX WORLD. THE CENTER HAS ESTABLISHED NEW UNDERGRADUATE MAJORS IN CYBERSECURITY, DATA SCIENCE, AND COMPUTER SCIENCE, ALONGSIDE APPLIED AI INTEGRATION, THAT WILL LAUNCH IN FALL 2025.
Expenses $42,107,473 · Grants $15,551,115 · Revenue $41,264,364
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Elizabeth MeadeDR ELIZABETH MEADE
PRESIDENT
- Total calculated
- $411,187
- From this org
- $318,676
- From related orgs
- $0
- Other
- $92,511
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $307,358
- Bonus
- $0
- Other
- $11,318
- Deferred
- $33,441
- Nontaxable benefits
- $59,070
- Filer's total
- $411,187
-
Dr Micah SadighDR MICAH SADIGH
TRUSTEE/PROFESSOR
- Total calculated
- $115,829
- From this org
- $92,340
- From related orgs
- $0
- Other
- $23,489
- Hours/week
- 40
-
Robin IngramROBIN INGRAM
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Barbara BigelowBARBARA BIGELOW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John ZembronJOHN ZEMBRON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brian WanamakerBRIAN WANAMAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn StennettCAROLYN STENNETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chiming TseCHIMING TSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David KellerDAVID KELLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gillian PidcockGILLIAN PIDCOCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Helen ScotchHELEN SCOTCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joni BernerJONI BERNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kim JordanKIM JORDAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lamont RouseLAMONT ROUSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lorraine SoissonLORRAINE SOISSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Meg SchoenemannMEG SCHOENEMANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael PasqualeMICHAEL PASQUALE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michelle LawallMICHELLE LAWALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nancy CleffNANCY CLEFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Noor HussainNOOR HUSSAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pamela SaundersPAMELA SAUNDERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patti BehrPATTI BEHR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie KobalSTEPHANIE KOBAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sue Ann GlowerSUE ANN GLOWER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tracy BroomallTRACY BROOMALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Wendy BodyWENDY BODY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William MoyerWILLIAM MOYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth WilsonELIZABETH WILSON
CFO/TREASURER
- Total calculated
- $195,489
- From this org
- $186,740
- From related orgs
- $0
- Other
- $8,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,333
- Bonus
- $0
- Other
- $407
- Deferred
- $0
- Nontaxable benefits
- $8,749
- Filer's total
- $195,489
-
Robert WilsonROBERT WILSON
PROVOST AND VP FOR ACADEMIC AFFAIRS
- Total calculated
- $179,270
- From this org
- $163,762
- From related orgs
- $0
- Other
- $15,508
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,260
- Bonus
- $0
- Other
- $502
- Deferred
- $9,796
- Nontaxable benefits
- $5,712
- Filer's total
- $179,270
-
Stephanie WalkerSTEPHANIE WALKER
VP OF ENROLLMENT MANAGEMENT
- Total calculated
- $156,755
- From this org
- $140,958
- From related orgs
- $0
- Other
- $15,797
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,688
- Bonus
- $0
- Other
- $270
- Deferred
- $8,441
- Nontaxable benefits
- $7,356
- Filer's total
- $156,755
-
Dr Calley Taylor VpDR CALLEY TAYLOR VP
STUDENT SUCCESS & ENGAGEMENT/DEAN OF STUDENTS
- Total calculated
- $135,950
- From this org
- $125,944
- From related orgs
- $0
- Other
- $10,006
- Hours/week
- 40
-
Lynn StaplesLYNN STAPLES
VP FOR INSTITUTIONAL ADVANCEMENT
- Total calculated
- $123,571
- From this org
- $105,706
- From related orgs
- $0
- Other
- $17,865
- Hours/week
- 40
-
Meghan GradyMEGHAN GRADY
SECRETARY TO THE BOARD
- Total calculated
- $51,376
- From this org
- $51,007
- From related orgs
- $0
- Other
- $369
- Hours/week
- 40
-
Bimpe Adenusi Director NurseBIMPE ADENUSI DIRECTOR NURSE
ANESTHESIA PROG/ASST PROFESSOR
- Total calculated
- $214,016
- From this org
- $189,122
- From related orgs
- $0
- Other
- $24,894
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,316
- Bonus
- $0
- Other
- $1,806
- Deferred
- $11,239
- Nontaxable benefits
- $13,655
- Filer's total
- $214,016
-
Deborah Burnett-Olsen Director NursDEBORAH BURNETT-OLSEN DIRECTOR NURS
ANESTHESIA PROG/ASST PROFESSOR
- Total calculated
- $202,292
- From this org
- $190,068
- From related orgs
- $0
- Other
- $12,224
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,534
- Bonus
- $0
- Other
- $2,534
- Deferred
- $11,252
- Nontaxable benefits
- $972
- Filer's total
- $202,292
-
Wendy RobbWENDY ROBB
DEAN FOR THE SCHOOL OF NURSING
- Total calculated
- $199,108
- From this org
- $178,660
- From related orgs
- $0
- Other
- $20,448
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,478
- Bonus
- $0
- Other
- $1,182
- Deferred
- $10,649
- Nontaxable benefits
- $9,799
- Filer's total
- $199,108
-
William WrightsmanWILLIAM WRIGHTSMAN
PROG DIR, OCCUPATIONAL THERAPY/ASST PROFESSOR
- Total calculated
- $150,885
- From this org
- $133,414
- From related orgs
- $0
- Other
- $17,471
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,584
- Bonus
- $0
- Other
- $1,830
- Deferred
- $7,895
- Nontaxable benefits
- $9,576
- Filer's total
- $150,885
-
Lawrence QuarinoLAWRENCE QUARINO
PROFESSOR
- Total calculated
- $137,502
- From this org
- $121,182
- From related orgs
- $0
- Other
- $16,320
- 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 · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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 1A
- THE COLLEGE PRESIDENT IS REQUIRED, AS A CONDITION OF EMPLOYMENT, TO LIVE AT THE COLLEGE'S PRESIDENTIAL RESIDENCE. THIS BENEFIT WAS NOT INCLUDED IN TAXABLE COMPENSATION AS IT MET THE REQUIREMENTS FOR EXCLUSION UNDER INTERNAL REVENUE CODE SECTION 119(D): IT WAS REQUIRED AS A CONDITION OF EMPLOYMENT, FOR THE CONVENIENCE OF THE EMPLOYER, AND ON OR NEAR THE CAMPUS. THE COLLEGE PROVIDES COUNTRY CLUB DUES AND RESIDENCE AID FOR THE COLLEGE PRESIDENT. THESE AMOUNTS ARE INCLUDED IN TAXABLE COMPENSATION.
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST (2)
T · CHARITABLE TRUST · PA · controlled entity
Directly controlled by CEDAR CREST COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520649349300832
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