2024-05-01T17:12:11-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2022-07-01 231413680 SALUS UNIVERSITY SALU 2157801400 8360 OLD YORK ROAD ELKINS PARK PA 19027 DONALD C KATES VP FINANCE 2157801400 2024-04-27 1 DONALD KATES 999009999 0 LAURA J KENNEY P00202198 6177170831 2024-04-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MICHAEL H MITTELMAN 8360 OLD YORK ROAD ELKINS PARK PA 19027 59242731 0 X WWW.SALUS.EDU X 1919 PA ADVANCING INTEGRATED HEALTH CARE THROUGH INNOVATIVE EDUCATION, RESEARCH AND CLINICAL SERVICES 23 21 931 22 0 0 5269988 5475823 48248274 50307014 52854 103313 1429239 1186559 55000355 57072709 5858709 3499532 0 0 33202936 36361417 8000 7210 637439 16706938 19201619 55776583 59069778 -776228 -1997069 71273054 69668806 43197194 42997038 28075860 26671768 THE MISSION OF SALUS UNIVERSITY IS TO ADVANCE INTEGRATED HEALTH CARE THROUGH INNOVATIVE EDUCATION, RESEARCH AND CLINICAL SERVICES. 0 0 35327628 3499532 47264946 POST GRADUATE PROGRAM: SALUS UNIVERSITY IS A POST GRADUATE EDUCATIONAL INSTITUTION. THE UNIVERSITY PROGRAMS LEAD TO DOCTORAL DEGREES IN OPTOMETRY, AUDIOLOGY, AND OCCUPATIONAL THERAPY, A PHD IN BIOMEDICINE, AND MASTER'S DEGREES IN MEDICAL SCIENCE, OCCUPATIONAL THERAPY, SPEECH AND LANGUAGE, LOW VISION REHABILITATION, AND OTHERS. THE UNIVERSITY ENROLLED 1,322 STUDENTS. DURING THE YEAR, 373 STUDENTS EARNED DEGREES, 30 EARNED CERTIFICATIONS, AND 10 STUDENTS COMPLETED NON-DEGREE STUDIES. 8197899 0 3202626 CLINICAL PROGRAM: THE UNIVERSITY OPERATES THREE CLINICAL TEACHING FACILITIES. APPROXIMATELY 700 STUDENTS ARE TRAINED ANNUALLY. THE CLINICS PROVIDED EYE CARE, EAR CARE, AND SPEECH AND LANGUAGE REHABILITATION TO OVER 40,000 PATIENTS. 3555267 0 0 RESEARCH PROGRAM: THE UNIVERSITY RECEIVES FEDERAL, STATE, AND PRIVATE GRANTS TO SUPPORT BASIC RESEARCH, CLINICAL RESEARCH, SPECIALIZED TRAINING, AND STUDENT FINANCIAL AID. THESE AMOUNTS ARE EXPENDED PURSUANT TO THE GRANT AGREEMENT. 47080794 1 1 0 1 0 0 0 0 0 1 1 0 1 0 1 1 0 1 1 0 1 0 1 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 272 0 1 931 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X DONALD C KATES 2157801240 8360 OLD YORK RD ELKINS PARK PA 19027 DR MICHAEL H MITTELMAN PRESIDENT 45.00 1.00 X X 445844 0 47231 DR RADKIKA ARAVAMUDHAN DEAN COLLEGE OF AUDIOLOGY 35.00 0.00 X 309289 0 38084 DR BARRY ECKERT VICE PRESIDENT AND PROVOST 45.00 0.00 X 266748 0 45837 DR MELISSA TREGO DEAN COLLEGE OF OPTOMETRY 35.00 0.00 X 273692 0 37108 DR MITCHELL SCHEIMAN DEAN RESEARCH 35.00 0.00 X 266655 0 30603 MR DONALD C KATES VP FINANCE 45.00 1.00 X 223767 0 40101 DR JAMES KONOPACK DEAN EDUCATION AND REHABILITATION 35.00 0.00 X 232228 0 31414 MS JACQUELINE PATTERSON VP INSTITUTIONAL ADVANCEMENT 35.00 0.00 X 203314 0 26981 MR JOHN GAAL VP CLINIC OPERATIONS 45.00 0.00 X 188109 0 28215 MS ELIZABETH MOY CHIEF OF STAFF 45.00 0.00 X 176140 0 37673 DR CAITLYN FOY TRUSTEE/FACULTY REP AS OF JAN 2023 1.00 0.00 X 116995 0 27508 DR JAMIE AE NEIMAN TRUSTEE/FACULTY REP TO JAN 2023 1.00 0.00 X 118380 0 19274 MS REBECCA DELIA CHAIR 1.00 1.00 X X 0 0 0 DR DANIEL ABRAMOWICZ VICE CHAIR 1.00 1.00 X X 0 0 0 DR CRAIG CASSEY SECRETARY 1.00 1.00 X X 0 0 0 MS EMILY TURNER TREASURER 1.00 1.00 X X 0 0 0 MS STELLA LEE ASSISTANT SECRETARY 1.00 0.00 X 0 0 0 MS TERRI ALBERTSON TRUSTEE 1.00 0.00 X X 0 0 0 DR DERRICK ARTIS TRUSTEE 1.00 0.00 X 0 0 0 DR THOMAS BEEMAN TRUSTEE 1.00 0.00 X 0 0 0 MR CHRISTOPHER DEZZI TRUSTEE 1.00 0.00 X 0 0 0 MR READE FAHS TRUSTEE 1.00 0.00 X 0 0 0 MS CAROLYN FORCINA TRUSTEE 1.00 1.00 X 0 0 0 MR KEITH D IGNOTZ TRUSTEE 1.00 1.00 X 0 0 0 DR KATHLEEN KINSLOW TRUSTEE 1.00 0.00 X 0 0 0 MS JOYCE KOH TRUSTEE 1.00 1.00 X 0 0 0 MR SEAN LEWIS TRUSTEE 1.00 0.00 X 0 0 0 MR DANIEL LIBERMAN TRUSTEE 1.00 0.00 X 0 0 0 MS DANA MATTINGLY TRUSTEE 1.00 1.00 X 0 0 0 MR WILLIAM MCCUNE TRUSTEE 1.00 0.00 X 0 0 0 MS SARAH MITCHELL TRUSTEE 1.00 0.00 X 0 0 0 MS MICHELE PALOS-SAMSI TRUSTEE 1.00 0.00 X 0 0 0 MS JO SURPIN TRUSTEE 1.00 0.00 X 0 0 0 MS SHANNON TORNOE TRUSTEE 1.00 0.00 X 0 0 0 2821161 0 410029 104 0 1 0 PATRIOT CONSTRUCTION INC 950 CALON HOOK ROAD SUITE 25 SHARON HILL PA 19075 CONSTRUCTION SERVICES 1862010 BOHMORA INC PO BOX 702 FT WASHINGTON PA 19034 STAFFING SERVICES 412893 NEXTGEN HEALTHCARE PO BOX 80939 CHICAGO IL 60680 SOFTWARE FOR CLINICS 375144 SHARP'S LANDSCAPING INC 1000 E COMLY ST PHILADELPHIA PA 19027 LANDSCAPING SERVICES 309541 METZ CULINARY MANAGEMENT 2 WOODLAND DRIVE DALLAS PA 18612 DINING MANAGEMENT SERVICES 305705 23 2989475 2486348 5475823 TUITION 611310 47264946 47264946 PATIENT CARE 611310 3042068 3042068 50307014 103313 103313 12107 12107 1208678 1592886 -384208 -384208 -384208 50000 18835 31165 31165 718859 558301 160558 160558 EQUIPMENT SALES TO STUDENTS 900099 521750 521750 MANAGEMENT FEE 900099 255000 255000 HAFTER FEES 900099 244181 244181 346006 346006 1366937 57072709 50467572 0 1129314 30000 30000 3398566 3398566 70966 70966 1806083 826447 979636 26211217 22009549 3882185 319483 2278712 1917723 333043 27946 3935052 3235706 653142 46204 2130353 1741909 363947 24497 100268 100268 87853 87853 129000 129000 7210 7210 3245019 2843725 386783 14511 485952 319610 166342 425554 243716 139759 42079 2915225 1481594 1433631 3119524 2273281 846243 544538 482462 38755 23321 332997 284879 23194 24924 277642 179440 98202 2659575 1952128 707447 568805 295596 273209 MAINTENANCE 912878 664478 232761 15639 EVENT EXPENSES 286049 114131 85925 85993 PATIENT CARE 218085 218085 EQUIPMENT 15616 15616 2877039 2481187 390220 5632 59069778 47080794 11351545 637439 500 500 16534301 13590151 3216151 4369475 46104 104460 1054089 1079125 92637268 53731971 38322657 38905297 8568700 8806953 3530552 2812845 71273054 69668806 2271926 2956055 6397659 6939470 13320629 12965035 682238 346077 20524742 19790401 43197194 42997038 X 17086103 14856486 10989757 11815282 28075860 26671768 71273054 69668806 X -1997069 40832 552145 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 121000 121000 58959613 59080613 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 69868 108860 90500 121000 390228 250000 250000 250000 250000 1000000 1500000 0 50772437 1278688 4399110 299589 1645308 54505338 57407910 3574092 -8147168 211925 1850472 50772437 46617036 702306 11760147 180585 1490994 57407910 46254055 983421 1036248 128063 1528625 46617036 24807417 20839667 2125455 108085 1410399 46254055 0.82930 0.10030 0.07040 0 1 1 1563250 1563250 24309164 15830811 8478353 40419765 18112344 22307421 24665484 19788816 4876668 1679605 1679605 38905297 GOVERNMENT LOANS TO STUDENTS 8806953 F 8806953 GOVERNMENT ADVANCES 10840578 POST-RETIREMENT BENEFITS 6787979 OPERATING LEASE LIABILITY 827583 OTHER LIABILITIES 1334261 19790401 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD BY PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION, A RELATED TAX-EXEMPT ORGANIZATION. THE PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION'S ENDOWMENT CONSISTS OF A PORTFOLIO OF ACTIVELY MANAGED FUNDS ESTABLISHED TO PROVIDE BOTH A SOURCE OF OPERATING FUNDS AS WELL AS LONG-TERM FINANCIAL STABILITY. THE ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS OR QUASI ENDOWMENTS. ENDOWMENT FUNDS MAY HAVE PURPOSE RESTRICTIONS ON USE OF THE INCOME, SUCH AS SCHOLARSHIPS, PROFESSORSHIPS, AND RESEARCH. BOARD DESIGNATED FUNDS ARE DIRECTED TO SUPPORT THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES FEDERAL TAX FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY FOR INFORMATIONAL PURPOSES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTIES IN INCOME TAX POSITIONS, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NON-DISCRIMINATION POLICY IS PUBLISHED IN SALUS MAGAZINE, SALUS VIEW BOOK, THE STUDENT HANDBOOK, THE APPLICATION FOR ADMISSIONS, AND WAS MADE PUBLICLY AVAILABLE ON THE UNIVERSITY'S WEBSITE HOMEPAGE DURING THE YEAR ENDED JUNE 30, 2023. SALUS VIEW BOOK IS DISTRIBUTED BY ADMISSIONS TO POTENTIAL APPLICANTS SCHEDULE E, PART I, LINE 6 STUDENTS MAY RECEIVE FUNDING FROM THE FEDERAL GOVERNMENT IN THE FORM OF DIRECT UNSUBSIDIZED STUDENT LOANS, GRADUATE PLUS LOANS AND FEDERAL WORK STUDY AWARDS. SCHOLARSHIPS AND GRANT ASSISTANCE MAY COME FROM A VARIETY OF SOURCES INCLUDING INSTITUTIONAL, PRIVATE AND GOVERNMENTAL PROGRAMS. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN THE REGION 44685 SOUTH ASIA 0 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN THE REGION 1545 SUB-SAHARAN AFRICA 0 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN THE REGION 24736 0 0 0 0 0 0 70966 0 70966 SCHOLARSHIP EAST ASIA AND THE PACIFIC 1 44685 APPLIED TO STUDENT'S TUITION ACCOUNT SCHOLARSHIP SOUTH ASIA 1 1545 APPLIED TO STUDENT'S TUITION ACCOUNT SCHOLARSHIP SUB-SAHARAN AFRICA 1 24736 APPLIED TO STUDENT'S TUITION ACCOUNT 0 0 0 0 0 0 PART I, LINE 2: THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER SUPPORT TO STUDENTS MATRICULATING AT THE UNIVERSITY; THEREFORE, NO FUNDS ARE PAID DIRECTLY TO RECIPIENTS, RATHER ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND NO FURTHER MONITORING OF THE GRANTS IS REQUIRED. PART III ACCOUNTING METHOD: 50000 14250 4585 0 50000 14250 4585 18835 31165 PA 1 0 1 0 1.00000 0.00000 JACQUELINE PATTERSON VP INSTITUTIONAL ADVANCEMENT 8360 OLD YORK ROAD ELKINS PARK PA 19027 0 JACQUELINE PATTERSON VP INSTITUTIONAL ADVANCEMENT 0 THE GAMING MANAGER COORDINATES THE ANNUAL ALUMNI ASSOCIATION RAFFLE. X 0 1 CHELTENHAM TOWNSHIP 8230 OLD YORK ROAD ELKINS PARK PA 19027 GOV 30000 0 OPERATIONAL SUPPORT 1 0 UNIVERSITY SCHOLARSHIPS 298 2026904 N/A N/A OTHER STUDENT SUPPORT 960 1371662 N/A N/A PART I, LINE 2: THE UNIVERSITY PROVIDED SUPPORT TO ITS LOCAL MUNICIPALITY. GIVEN EXISTING GENERAL GOVERNMENTAL OVERSIGHT OVER ALL FUNDS, NO FURTHER MONITORING OF THE GRANT WAS DEEMED NECESSARY. THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER SUPPORT TO STUDENTS MATRICULATING AT THE UNIVERSITY; THEREFORE, NO FUNDS ARE PAID DIRECTLY TO RECIPIENTS, RATHER ALL FUNDS GRANTED ARE USED TO DEFRAY THE COST OF TUITION AND NO FURTHER MONITORING OF THE GRANTS IS REQUIRED. X X X 0 0 0 1 0 0 0 0 0 DR MICHAEL H MITTELMAN PRESIDENT 354726 0 50000 0 41118 0 37788 0 9443 0 493075 0 0 0 DR RADKIKA ARAVAMUDHAN DEAN COLLEGE OF AUDIOLOGY 250230 0 0 0 59059 0 22021 0 16063 0 347373 0 0 0 DR BARRY ECKERT VICE PRESIDENT AND PROVOST 266748 0 0 0 0 0 28294 0 17543 0 312585 0 0 0 DR MELISSA TREGO DEAN COLLEGE OF OPTOMETRY 273692 0 0 0 0 0 25010 0 12098 0 310800 0 0 0 DR MITCHELL SCHEIMAN DEAN RESEARCH 259713 0 0 0 6942 0 21529 0 9074 0 297258 0 0 0 MR DONALD C KATES VP FINANCE 223767 0 0 0 0 0 23832 0 16269 0 263868 0 0 0 DR JAMES KONOPACK DEAN EDUCATION AND REHABILITATION 225736 0 0 0 6492 0 23272 0 8142 0 263642 0 0 0 MS JACQUELINE PATTERSON VP INSTITUTIONAL ADVANCEMENT 170815 0 25557 0 6942 0 17902 0 9079 0 230295 0 0 0 MR JOHN GAAL VP CLINIC OPERATIONS 188109 0 0 0 0 0 19079 0 9136 0 216324 0 0 0 MS ELIZABETH MOY CHIEF OF STAFF 176140 0 0 0 0 0 19147 0 18526 0 213813 0 0 0 PART I, LINE 5 MS. JACQUELINE PATTERSON, VP INSTITUTIONAL ADVANCEMENT, WAS COMPENSATED $25,557 AS A BONUS FOR RECEIPTS ABOVE THE PROJECTED GOAL FOR FY22. THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(II). A NORTH PENN HEALTH HOSPITAL AND EDUCATION AUTHORITY 232130191 2020-11-30 13969732 REFUNDING 2016 BOND 0 1 0 A 908938 13969732 3041648 10928084 2022 1 0 1 1 A 0 0 1 1 1 1 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE CHAIRPERSON OF THE BOARD OF TRUSTEES WHO SHALL ALSO BE THE CHAIR OF THE COMMITTEE, THE PRESIDENT OF THE UNIVERSITY, AND THE CHAIRPERSONS OF EACH STANDING COMMITTEE OF THE BOARD WHO SHALL BE APPOINTED FOR A TERM OF ONE YEAR BY THE CHAIRPERSON OF THE BOARD. THE PRIMARY RESPONSIBILITY OF THE EXECUTIVE COMMITTEE IS TO STRENGTHEN THE BOARD'S PERFORMANCE BY HELPING IT FUNCTION EFFICIENTLY AND EFFECTIVELY. ITS BROAD POWERS SHALL BE USED ONLY AS NECESSARY AND APPROPRIATE ON ROUTINE BUSINESS OR EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DELAYED UNTIL THE BOARD'S NEXT REGULARLY SCHEDULED MEETING OR UNTIL A SPECIAL MEETING OF THE BOARD SHOULD BE CALLED AS SPECIFIED IN THE BYLAWS. THE COMMITTEE SHALL HAVE ALL POWERS OF THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION, PRESIDENT'S COMPENSATION, TRUSTEE AND BOARD OFFICER SELECTION, CHARTER AND BYLAW AMENDMENT, CHANGING THE UNIVERSITY'S MISSION, INCURRING CORPORATE INDEBTEDNESS, APPROVAL OF ANNUAL BUDGET AND CONFERRAL OF DEGREES. THE EXECUTIVE COMMITTEE MEETS IN PERSON OR VIA CONFERENCE FOR MONTHLY UPDATES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT AND THEN A COPY OF THE FORM 990 IS MADE AVAILABLE TO MANAGEMENT AND THE AUDIT COMMITTEE OF SALUS UNIVERSITY ON A SECURE NETWORK. EACH COMMITTEE MEMBER IS PROVIDED THE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO FILING. THE FULL BOARD IS ALSO PROVIDED A COMPLETE COPY OF THE FORM 990 PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE UNIVERSITY IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE UNIVERSITY. THE UNIVERSITY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE REVIEWED BY THE PRESIDENT'S OFFICE AND COUNSEL, AND PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE FOR DETERMINATION IF AN ACTUAL CONFLICT EXISTS. IN ADDITION TO THE QUESTIONNAIRE, ALL TRANSACTIONS ARE SUBJECT TO INTERNAL SIGN OFF REQUIREMENTS BASED ON AMOUNTS; ANY TRANSACTIONS ABOVE $5,000 ARE REVIEWED BY THE PRESIDENT OR BY THE CHIEF OF STAFF, IF THE PRESIDENT IS NOT AVAILABLE; THIS REVIEW CONSIDERS POSSIBLE CONFLICTS. IF A CONFLICT WERE TO ARISE, DEPENDING ON THE NATURE OF THE CONFLICT, THE INDIVIDUAL WOULD EITHER BE RECUSED FROM MATTERS INVOLVING THE CONFLICT OR COULD BE REQUIRED TO ELIMINATE THE CONFLICT OR RESIGN. IF A CONFLICT WERE TO BE IDENTIFIED AFTER THE TRANSACTION OCCURRED IT WOULD BE THOROUGHLY REVIEWED TO ENSURE NO TRANSGRESSION OR PRIVATE INUREMENT AND CORRECTIVE ACTION (IF NEEDED) WOULD TAKE PLACE. ACTUAL CONFLICTS OF INTEREST AND RELATED RESTRICTIONS FOR STAFF (OTHER THAN THE PRESIDENT) ARE DOCUMENTED IN THE PRESIDENT'S OFFICE; ACTUAL CONFLICTS OF INTEREST AND RELATED RESTRICTIONS FOR TRUSTEES ARE DOCUMENTED IN BOARD MINUTES. THE CONFLICT OF INTEREST POLICY INCLUDES A DUTY TO DISCLOSE ANY CHANGES IN CIRCUMSTANCES THAT ARISE TO CREATE A NEW POTENTIAL CONFLICT OF INTEREST OR CHANGE OR ELIMINATE A PREVIOUSLY DISCLOSED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT IS THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. IN DETERMINING COMPENSATION, THE BOARD RELIES UPON COMPARABILITY DATA OF INSTITUTIONS SIMILARLY SITUATED TO SALUS UNIVERSITY. THE DELIBERATIONS TO DETERMINE THE PRESIDENT'S COMPENSATION AND THE FINAL DETERMINATION ITSELF ARE DOCUMENTED IN THE BOARD COMMITTEE'S MINUTES. THIS PROCESS OCCURS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE SALUS WEBSITE. FORM 990, PART XI, LINE 9: POST RETIREMENT BENEFIT OBLIGATION ACTUARIAL VALUATION ADJUSTMENT 552,145. PENNSYLVANIA EAR INSTITUTE LLC 8380 OLD YORK ROAD ELKINS PARK PA 19027 202888384 HEALTHCARE PA 333989 426837 SALUS UNIVERSITY PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION 8360 OLD YORK ROAD ELKINS PARK PA 19027 233030893 SUPPORT SALUS UNIVERSITY PA 501(C)(3) LINE 12A, I SALUS UNIVERSITY 1 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION C 2989475 CASH VALUE PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION D 1336113 CASH VALUE PENNSYLVANIA COLLEGE OF OPTOMETRY FOUNDATION L 255000 VALUE OF SERVICES