PENNSYLVANIA COLLEGE OF HEALTH SCIENCES

EIN: 061645496 501(c)(3)

LANCASTER, PA

Total Revenue
$35,745,383
Total Expenses
$38,696,729
Total Assets
$83,913,914
Net Assets
$3,516,910
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
PA
Principal Officer
JOHN J HERMAN
Phone
7179476000
Tax Period
2022-07-01 to 2023-06-30

PENNSYLVANIA COLLEGE OF HEALTH SCIENCES, founded in 2002, is a mid-sized nonprofit that reported $35.7M in total revenue in fiscal year 2022.

Mission

A DYNAMIC AND ACADEMICALLY RIGOROUS INSTITUTION, PENNSYLVANIA COLLEGE OF HEALTH SCIENCES IS A PRIVATE, ACCREDITED, FOUR-YEAR COLLEGE OFFERING ASSOCIATE, BACCALAUREATE AND GRADUATE DEGREE PROGRAMS, AS WELL AS CERTIFICATE PROGRAMS IN HEALTHCARE. LOCATED IN LANCASTER, PA, THE COLLEGE ATTRACTS A SELECT GROUP OF APPROXIMATELY 1,800 STUDENTS TO STUDY WITH FACULTY WHO ARE EXPERTS IN THEIR SPECIALTY AREAS.

Program Service Accomplishments

Program 1
Expenses: $16,972,114 Revenue: $33,213,081

THE COLLEGE IS A PRIVATE, CO-EDUCATIONAL, MIDDLE STATES-ACCREDITED, FOUR-YEAR COLLEGE OFFERING A VARIETY OF ASSOCIATE, BACCALAUREATE AND GRADUATE DEGREE PROGRAMS, AS WELL AS CERTIFICATE PROGRAMS IN...

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THE COLLEGE IS A PRIVATE, CO-EDUCATIONAL, MIDDLE STATES-ACCREDITED, FOUR-YEAR COLLEGE OFFERING A VARIETY OF ASSOCIATE, BACCALAUREATE AND GRADUATE DEGREE PROGRAMS, AS WELL AS CERTIFICATE PROGRAMS IN HEALTHCARE. A SELECT GROUP OF APPROXIMATELY 1,800 STUDENTS STUDY WITH FACULTY WHO ARE EXPERTS IN THEIR SPECIALTY AREAS. PA COLLEGE IS THE EDUCATIONAL ARM OF THE PENN MEDICINE/LANCASTER GENERAL HEALTH SYSTEM. THE CLINICAL FACILITIES OF THE HOSPITAL ENRICH THE LEARNING ENVIRONMENT FOR STUDENTS. LEARNNG AT THE COLLEGE OCCURS IN AN INTERACTIVE ATMOSPHERE THAT ENCOURAGES AND PROVIDES OPPORTUNITIES FOR SELF-DIRECTION AND CRITICAL THINKING. THE LEARNING ENVIRONMENT IS NURTURING AND PROMOTES THE CULTIVATION OF GLOBAL PERSPECTIVES, SELF-AWARENESS AND INTELLIGENT CITIZENSHIP. THE CURRICULA ARE DEVELOPED TO PROMOTE THE ACQUISITION OF KNOWLEDGE, SKILLS AND ATTITUDES THAT ENABLE LEARNERS TO BECOME PROFESSIONALLY COMPETENT AND SOCIALLY RESPONSIBLE.

Program 2
Expenses: $10,119,097 Revenue: $121,336

THE COLLEGE PROVIDES STUDENTS WITH A COMPLETE SET OF ADMINISTRATIVE SERVICES AND POLICIES THAT PROVIDE FOR A HIGH-QUALITY COLLEGE EXPERIENCE. SOME OF THOSE SERVICES INCLUDE COMPUTING RESOURCES...

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THE COLLEGE PROVIDES STUDENTS WITH A COMPLETE SET OF ADMINISTRATIVE SERVICES AND POLICIES THAT PROVIDE FOR A HIGH-QUALITY COLLEGE EXPERIENCE. SOME OF THOSE SERVICES INCLUDE COMPUTING RESOURCES, HEALTH, COUNSELING, CAMPUS SAFETY AND SECURITY, ADVISING AND REGISTRATION, CAREER, AND FINANCIAL AID RESOURCES. AN ONLINE PORTAL PROVIDES A ONE-STOP HOME FOR ALL STUDENT SUPPORT QUESTIONS AND FUNCTIONS. THE PORTAL IS AVAILABLE 24 HOURS, SEVEN DAYS PER WEEK. THE COLLEGE ALSO HAS OVER 8,000 SQUARE FEET DEDICATED TO PROVIDE ACADEMIC SUPPORT SERVICES DESIGNED TO HELP EACH STUDENT ATTAIN MAXIMUM ACADEMIC ACHIEVEMENT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,673,002
Program Service Revenue $33,213,081
Investment Income $564,196
Other Revenue $295,104
TOTAL REVENUE $35,745,383

Expense Breakdown

Grants Paid $840,538
Salaries & Benefits $20,140,101
Fundraising Expenses $411,809
Program Expenses $27,091,211
Other Expenses $17,716,090
TOTAL EXPENSES $38,696,729

Year-over-Year Comparison

2022 2021 Change
Revenue $35,745,383 $37,022,926 0.0%
Expenses $38,696,729 $38,335,910 +0.0%
Net Income $-2,951,346 $-1,312,984 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
10
Employees
389
Volunteers
67

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,306,847
Total Directors
15
$3,293,952
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John J Herman MBA FACHE Trustee 2.0
Director
$0 $125,615 $1,083,243
Mary Grace Simcox EdD Trustee/Officer 55.0
Officer Director
$786,787 $24,652 $811,439
Randall A Oyer Trustee 55.0
Director
$0 $53,794 $674,218
Alexandra O Jorgensen Trustee 2.0
Director
$0 $101,434 $439,061
Margorie Michele Trustee 55.0
Director
$0 $10,574 $285,991
Thomas J Hulstine CPA Officer 55.0
Officer
$231,937 $47,223 $279,160
Penni A Longenecker PHD Officer 55.0
Officer
$188,432 $27,816 $216,248
Ellen B Wylie VP Advancement 55.0
Highest
$158,516 $22,799 $181,315
Jean L Hershey VP Academic Affairs 55.0
Highest
$152,018 $27,480 $179,498
Kevin Balsbaugh Chief Information Officer 55.0
Highest
$134,857 $22,874 $157,731
Erika L Wilkinson VP Strategic Enrollment Mgmt 55.0
Highest
$127,814 $26,064 $153,878
Kristen D Zulkosky Faculty - Instructor 55.0
Highest
$128,419 $23,289 $151,708
Alexander Henderson III Esq Trustee 2.0
Director
$0 $0 $0
Bruce R Limpert Trustee 2.0
Director
$0 $0 $0
Chip Sernyak Trustee/Chairperson 2.0
Officer Director
$0 $0 $0
Durenda A Juergensen Trustee 2.0
Director
$0 $0 $0
J Samuel Houser Trustee 2.0
Director
$0 $0 $0
Jim Hipolit Trustee 2.0
Director
$0 $0 $0
Jonathan E Hollinger CPA Trustee 2.0
Director
$0 $0 $0
Susan Nunemacher Pichini Trustee 2.0
Director
$0 $0 $0
Susan C Wajert Trustee 2.0
Director
$0 $0 $0
Therese DeVries Narzikul Trustee/Vice Chairperson 2.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $17,771,383 $15,570,960 No data $2,200,423
2023 $35,745,383 $38,696,729 $83,913,914 $-2,951,346
2022 $37,022,926 $38,335,910 $84,981,813 $-1,312,984
2021 $38,372,440 $37,815,596 $87,566,889 $556,844
2020 $33,230,495 $37,682,595 $80,772,993 $-4,452,100
2019 $32,264,150 $37,619,809 $87,204,933 $-5,355,659
2018 $30,387,984 $37,152,324 $87,892,707 $-6,764,340
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