Nonprofit · EIN 23-7093388
SLIPPERY ROCK UNIVERSITY FOUNDATION INC
Tax-exempt · SLIPPERY ROCK, PA 16057
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,715,296 | $7,816,873 | -$1,101,577 | $56,734,770 | $290,494 | $56,444,276 |
| June 30, 2024 | 990 | $12,630,559 | $7,333,020 | $5,297,539 | $55,307,045 | $551,175 | $54,755,870 |
| June 30, 2023 | 990 | $4,291,298 | $4,356,327 | -$65,029 | $49,295,643 | $311,177 | $48,984,466 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,435,022
- of which government grants
- $72,835
- Program service revenue
- $292,043
- Investment income
- $2,219,256
- Net rental income
- $69,566
- Net gain from sales of assets
- $1,117,316
- Net income from fundraising events
- $148,633
- Other revenue
- $768,975
Expenses
- Grants and similar amounts paid
- $3,214,319
- Compensation of officers, directors and key employees
- $191,811
- Other salaries and wages
- $191,572
- Salaries, compensation and benefits (total)
- $477,070
- Professional fundraising fees
- $0
- Legal fees
- $438
- Accounting fees
- $27,100
- Occupancy
- $19,290
- Travel
- $178,380
- Depreciation
- $8,858
- Program services (functional)
- $6,852,677
- Management and general (functional)
- $890,349
- Fundraising (functional)
- $73,847
Balance sheet and other
- Total assets, start of year
- $55,307,045
- Total assets, end of year
- $56,734,770
- Total liabilities, end of year
- $290,494
- Net assets, end of year
- $56,444,276
- Land, buildings and equipment
- $742,956
- Publicly traded securities
- $52,833,894
- Net assets without donor restrictions
- $8,166,385
- Net assets with donor restrictions
- $48,277,891
- Gross receipts
- $10,251,398
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1970
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID HOLLENBAUGH | EXECUTIVE DIRECTOR Officer | 35 | $174,222 | $12,314 |
| CHERYLE CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG FRASER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL GINSBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD FOX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC WANGLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN DARUSZKA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FRANCIS J ALOI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GAIL PASERBA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER L WALTERS | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOY ZEINER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JULIE PREBULA | BOARD MEMBER (THRU 10/24) Trustee or director | 1 | $0 | $0 |
| KENNETH BONUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAWRENCE KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK PALMER | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD A HARPER | BOARD MEMBER Trustee or director | 1 | $0 |
| SANDRA CONNOLLY | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| TIMOTHY POST | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH FINNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JAIRUS MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICA NELSON-FLOWERS | BOARD MEMBER Trustee or director | 1 | $0 |
| MELISSA RICHEY | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY SHULSKY | BOARD MEMBER Trustee or director | 1 | $0 |
| TROY MILLER | BOARD MEMBER (AS OF 10/24) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID HOLLENBAUGH | EXECUTIVE DIRECTOR Officer | 35 | $172,721 | $12,681 |
| CHERYLE CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG FRASER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL GINSBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD FOX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUGLAS T MCMULLEN | BOARD MEMBER (THRU 10/23) Trustee or director | 1 | $0 | $0 |
| ERIC WANGLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN DARUSZKA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FRANCIS J ALOI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GAIL PASERBA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HARRY BERTRAND | VICE CHAIR (THRU 10/23) Trustee or director, Officer | 3 | $0 | $0 |
| JANET SARGERT | BOARD MEMBER (THRU 10/23) Trustee or director | 1 | $0 | $0 |
| JENNIFER L WALTERS | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOY ZEINER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JULIE PREBULA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KENNETH BONUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAWRENCE KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK PALMER | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| RICHARD A HARPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDRA CONNOLLY | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| TIMOTHY POST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH FINNEY | BOARD MEMBER (AS OF 10/23) Trustee or director | 1 | $0 | $0 |
| JAIRUS MOORE | BOARD MEMBER (AS OF 10/23) Trustee or director | 1 | $0 | $0 |
| ERICA NELSON-FLOWERS | BOARD MEMBER (AS OF 10/23) Trustee or director | 1 | $0 | $0 |
| MELISSA RICHEY | BOARD MEMBER (AS OF 10/23) Trustee or director | 1 | $0 | $0 |
| TERRY SHULSKY | BOARD MEMBER (AS OF 10/23) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD BUCHA THRU 1222 | EXECUTIVE DIRECTOR Officer | 35.5 | $136,281 | $10,123 |
| DAVID HOLLENBAUGH AS OF 922 | EXECUTIVE DIRECTOR Officer | 35 | $47,106 | $3,501 |
| CHERYLE CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG FRASER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL GINSBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID C KNOPP JR THRU 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUGLAS T MCMULLEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH A BERKELY THRU 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC WANGLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN DARUSZKA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FRANCIS J ALOI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GAIL PASERBA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HARRY BERTRAND | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| JANET SARGERT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER L WALTERS | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOY ZEINER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JULIE PREBULA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KENNETH BONUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK PALMER | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| RICHARD A HARPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDRA CONNOLLY AS OF 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD FOX AS OF 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAWRENCE KELLY AS OF 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TIMOTHY POST AS OF 1022 | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 MORROW WAY STE 202, SLIPPERY ROCK, PA 16057-1314
- Principal officer (990 for 2024)
- MARK PALMER, PO BOX 233, SLIPPERY ROCK, PA 16057
- Signed the 990
- MARK PALMER, CHAIR
- Phone
- (724) 738-2047
- Website
- WWW.SRUFOUNDATION.ORG
- Return prepared by
- H2R CPA
Mission
THE SLIPPERY ROCK UNIVERSITY FOUNDATION, INC. EXISTS TO SUPPORT THE PRIORITY NEEDS OF SLIPPERY ROCK UNIVERSITY BY GENERATING & MANAGING PRIVATE RESOURCES, BOTH FISCAL AND PHYSICAL.
Program accomplishments
- RAISE & MANAGE FUNDS THAT ARE USED SOLELY FOR SCHOLARSHIPS TO STUDENTS ATTENDING SLIPPERY ROCK UNIVERSITY & AWARD SAID SCHOLARSHIPS.Expenses $3,214,319 · grants $3,214,319
- RAISE SUPPORT FOR SLIPPERY ROCK UNIVERSITY STUDENTS, FACULTY, PROGRAMMING AND ATHLETIC TEAMS.Expenses $3,638,358 · revenue $361,609
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7093388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $56,734,770
- Income (IRS master file)
- $10,251,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,715,296 | $7,816,873 | $56,734,770 | XML |
| 990 | June 2024 | $12,630,559 | $7,333,020 | $55,307,045 | XML |
| 990 | June 2023 | $4,291,298 | $4,356,327 | $49,295,643 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7093388).
Questions about SLIPPERY ROCK UNIVERSITY FOUNDATION INC
- What is the EIN of SLIPPERY ROCK UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of SLIPPERY ROCK UNIVERSITY FOUNDATION INC is 23-7093388.
- Is SLIPPERY ROCK UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to SLIPPERY ROCK UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SLIPPERY ROCK UNIVERSITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SLIPPERY ROCK UNIVERSITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SLIPPERY ROCK UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SLIPPERY ROCK UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MARK PALMER.
- Who are the officers and directors of SLIPPERY ROCK UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 24 people; 1 received compensation from the organization, the highest $174,222 (DAVID HOLLENBAUGH, EXECUTIVE DIRECTOR).
- How much revenue does SLIPPERY ROCK UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,715,296, expenses of $7,816,873 and total assets of $56,734,770 at year end.
Other nonprofits in SLIPPERY ROCK
- SRUF CAMPUS HOUSING INC EIN 47-5280523 · last filed 990 for 2025
- SLIPPERY ROCK STUDENT GOVERNMENT ASSOCIATION INC EIN 25-6010954 · last filed 990 for 2025
- SLIPPERY ROCK UNIVERSITY ALUMNI ASSOC EIN 23-7157270 · last filed 990 for 2025
- SLIPPERY ROCK COMMUNITY LIBRARY EIN 45-4279447 · last filed 990 for 2024
- SLIPPERY ROCK HIGH SCHOOL ALUMNI ASSOCIATION EIN 25-1809407 · last filed 990-N for 2025
- INSTITUTE FOR LEARNING IN RETIREMENT INC EIN 61-1717469 · last filed 990-N for 2024
- PARENTS & TEACHERS COOPERATING FOR CHILDREN EIN 35-2455622 · last filed 990-N for 2025
- THE INNOVATION FOUNDATION EIN 42-3061433 · last filed 990-N for 2025