2024-07-12T09:45:01-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-09-01 950948050 SOUTHERN CALIFORNIA UNIVERSITY OF HEALTH SCIENCES SOUT 5629478755 16200 AMBER VALLEY DRIVE WHITTIER CA 90604 THOMAS K ARENDT VP-FINANCE AND BUSINESS AFFAIRS 5629023355 2024-07-09 1 THOMAS ARENDT XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-07-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS K ARENDT 16200 AMBER VALLEY DRIVE WHITTIER CA 90604 55969142 0 X WWW.SCUHS.EDU X 1947 CA EDUCATE STUDENTS AS COMPETENT, CARING AND SUCCESSFUL PRACTITIONERS OF INTEGRATIVE HEALTHCARE. 11 11 451 12 14340 0 2133965 763997 44144759 48065331 1049838 432957 -293480 33987 47035082 49296272 472608 636167 0 0 24209144 27746382 0 0 291679 16865416 19234989 41547168 47617538 5487914 1678734 42408419 46541314 5384740 6719576 37023679 39821738 X THE MISSION OF SOUTHERN CALIFORNIA UNIVERSITY OF HEALTH SCIENCES (SCU) IS TO EDUCATE STUDENTS AS COMPETENT, CARING AND SUCCESSFUL PRACTITIONERS OF INTEGRATIVE HEALTHCARE. THE UNIVERSITY IS COMMITTED TO PROVIDING EXCELLENCE IN ACADEMICS, SCHOLARSHIP, SERVICE AND LEADERSHIP THROUGH ITS OFFERINGS OF BACHELOR, MASTER AND DOCTORATE PROGRAMS. 1 0 24828419 636167 46388312 FOUNDED IN 1911, SOUTHERN CALIFORNIA UNIVERSITY OF HEALTH SCIENCES (SCU) HAS BEEN A LEADER IN EDUCATING STUDENTS TO BE COMPETENT AND CARING INTEGRATIVE HEALTHCARE PRACTITIONERS FOR OVER 110 YEARS. SCU IS A PRIVATE, NON-PROFIT INSTITUTION. WE PROVIDE INTERPROFESSIONAL EDUCATION THAT UNIQUELY COMBINES TRADITIONAL WESTERN MEDICAL, COMPLEMENTARY AND ALTERNATIVE, AND EASTERN MEDICAL APPROACHES TO HEALTHCARE. WE OFFER EIGHT DEGREE PROGRAMS. 1) DOCTOR OF CHIROPRACTIC DEGREE (DC), 2) MASTER OF ACUPUNCTURE AND CHINESE HERBAL MEDICINE (MACCHM), 3) DOCTOR OF ACUPUNCTURE AND CHINESE HERBAL MEDICINE (DACCHM), 4) BACHELOR OF SCIENCE IN HEALTH SCIENCES (BSHS), 5) MASTER OF SCIENCE: PHYSICIAN ASSISTANT, 6) MASTER OF SCIENCE IN HUMAN GENETICS AND GENOMICS (MSHGG), 7) MASTER OF SCIENCE IN MEDICAL SCIENCE (MSMS), AND 8) DOCTOR OF OCCUPATIONAL THERAPY (OTD). IN FALL 2022, WE HAD 1,220 STUDENTS ENROLLED IN THESE PROGRAMS. IN ADDITION TO THESE, SCU OFFERS CERTIFICATE PROGRAMS IN AYURVEDA, HEALTH EDUCATION, AND HUMAN GENETICS AND GENOMICS, AS WELL AS AN ACCELERATED SCIENCE PREREQUISITE COMPLETION PROGRAM (AS). A TOTAL OF 306 DEGREES WERE GRANTED DURING THE YEAR - 156 DOCTOR DEGREES, 137 MASTER DEGREES, AND 13 BACHELOR DEGREES. STUDENTS IN OUR CLINICAL PROGRAMS CAN OBTAIN CLINICAL EXPERIENCES IN THREE SCU OWNED AND OPERATED CLINIC FACILITIES, NINE PARTNER HEALTH CENTERS, AND HUNDREDS OF AFFILIATED CLINIC SITES AND PRECEPTOR LOCATIONS. 4885598 0 1695370 SCU HEALTH PROVIDES WHOLE-PERSON INTEGRATIVE CARE TO OUR COMMUNITIES ACROSS LOS ANGELES AND ORANGE COUNTIES. AS THE ONLY WHOLE-PERSON, INTEGRATIVE ACADEMIC HEALTH CENTER ON THE WEST COAST, SCU HEALTH IS MAKING ADVANCES IN TWENTY-FIRST CENTURY EDUCATION, CLINICAL RESEARCH, AND CLINICAL PRACTICE. TEAMING WITH CIVIC AND SERVICE ORGANIZATIONS, EMPLOYERS, INSURERS, AND LOCAL HEALTHCARE PRACTITIONERS, SCU EXCELS IN THE PRACTICAL APPLICATION OF WHOLE HEALTH IN MEETING THE NEEDS OF OUR COMMUNITY. SCU HEALTH PROVIDED CARE AT 31,537 PATIENT VISITS (PV'S), INCLUDING 4,204 PV'S AT STUDENT HEALTH CENTERS, 4,091 AT LOW INCOME/FREE CARE CLINICS, 7,626 PV'S IN OUR TACTICAL SPORTS MEDICINE SITES SERVING PRIMARILY FIRST RESPONDERS, AND 15,616 PV'S IN OUR ON-SITE CLINIC FACILITY. 44% OF OUR PATIENT VISITS WERE WITH UNDERREPRESENTED MINORITIES. THE FIGURES ABOVE INCLUDE CARE FOR 1,933 PATIENTS ACROSS 35 CLINICAL COMMUNITY OUTREACH EVENTS, 98% OF WHICH PROVIDED CARE TO UNDERSERVED COMMUNITIES INCLUDING THOSE WITH POOR ACCESS TO HEALTHCARE DUE TO IMMIGRATION STATUS AND/OR FINANCIAL CIRCUMSTANCES AND PEOPLE EXPERIENCING HOMELESSNESS. 29714017 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 74 0 1 451 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THOMAS K ARENDT 9029023355 16200 AMBER VALLEY DR WHITTIER CA 90604 JOHN SCARINGE PRESIDENT 40.00 X 555217 0 60675 TOM ARENDT VP FINANCE & BUSINESS AFFAIRS/CFO 40.00 X 288404 0 50420 TAMARA ROZHON PROVOST 40.00 X 277362 0 51671 CHUCK SWEET CHIEF OF STAFF 40.00 X 248755 0 31251 MELISSA NAGARE - VP SCU HEALTH SYS. & CHIEF CLINICAL OFF. 40.00 X 199238 0 37319 BRADLEY KUHN DIRECTOR OF IT 40.00 X 198394 0 14256 JIM BRENNER EXECUTIVE DIRECTOR OF MARKETING 40.00 X 178858 0 29079 JONATHON EGAN ASST. PROVOST 40.00 X 171583 0 33616 MICHAEL RAMCHARAN ASST. PROVOST 40.00 X 170286 0 33468 ERICK DE LA ROSA DIRECTOR OF ADMISSIONS 40.00 X 165795 0 29079 DAN HANDLEY DIRECTOR OF MSHGG 40.00 X 168835 0 25333 ROSSLYN BYOUS DIRECTOR OF DEI (THROUGH 12/7/22) 40.00 X 182874 0 9369 JOE HORRIGAN DIRECTOR OF TSM 40.00 X 161609 0 25333 ASHLEY LARSON MSPA CLINICAL DIRECTOR 40.00 X 160390 0 22795 THOMAS BAKMAN BOARD CHAIR 2.00 X X 0 0 0 MARTIN GALLEGOS BOARD VICE CHAIR 2.00 X X 0 0 0 JASON JANKOWIAK BOARD TREASURER 2.00 X X 0 0 0 WILLIAM VALUSEK BOARD SECRETARY 2.00 X X 0 0 0 CYNTHIA BAUM REGENT 2.00 X 0 0 0 NICK JACOBS REGENT 2.00 X 0 0 0 RON LAU REGENT 2.00 X 0 0 0 LAKEISHA MARSH REGENT 2.00 X 0 0 0 JOHN PECCHIA REGENT 2.00 X 0 0 0 DINA SHENK REGENT 2.00 X 0 0 0 SAMANTHA SIMMONS REGENT 2.00 X 0 0 0 3127600 0 453664 60 0 1 0 PASKILL STAPLETON & LORD 471 JPL WICK DR HARRISBURG PA 17111 MARKETING CONSULTANT 2090770 SYNOPTEK 412 E PARKCENTER BLVD STE 300 BOISE ID 83706 IT OUTSOURCING SERVICES 1833259 PONCE HEALTH SCIENCES UNIVERSITY PO BOX 7004 PONCE RQ 00732 EDUCATIONAL CURRICULUM DELIVERY SERVICES 970570 IN FOCUS ADVERTISING 5137 CLARETON DR AGOURA HILLS CA 91301 MARKETING CONSULTANT 676070 LPA INC PO BOX 7399 NEWPORT BEACH CA 92658 CURRICULUM DESIGN 483188 21 634111 129886 763997 TUITION AND FEES 611600 46240160 46240160 HEALTH CENTERS 611710 1695370 1695370 OTHER SUPPORT SERVICES 611710 115461 115461 ADVERTISING 541800 14340 14340 48065331 994292 994292 1296 0 1296 1296 1296 5891534 6423117 29752 -531583 -29752 -561335 -561335 252692 220001 32691 32691 49296272 48083682 14340 434253 X 636167 636167 1752638 542180 1051577 158881 21340076 14291507 6985581 62988 731364 424382 303345 3637 2424156 1282076 1133810 8270 1498148 1052967 439848 5333 201836 82252 119584 98692 98692 109200 109200 104309 104309 5998430 3379883 2618481 66 3972618 3968469 4149 318552 158062 159249 1241 2939316 523365 2386449 29502 473192 384302 88890 254439 106543 145320 2576 92752 67114 25638 5377 5377 1421320 1154322 266998 305452 101862 203590 DUES, FEES, AND SUB. 478978 351246 124062 3670 BAD DEBT EXPENSE 327293 326424 869 COST OF GOODS SOLD 13352 13352 2119881 867542 1236824 15515 47617538 29714017 17611842 291679 10089251 3447256 782003 9338054 40000 37509 736154 778687 0 37011 17365 199516 202586 934022 1464991 36487725 25278128 11205699 11209597 18359763 19317671 25000 25000 0 702598 42408419 46541314 4276017 4378755 865518 1483957 243205 856864 5384740 6719576 X 33594966 36272025 3428713 3549713 37023679 39821738 42408419 46541314 1678734 1068607 50718 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 109200 109200 0 PART II-B, LINE 1: FEES FOR PROFESSIONAL SERVICES DIRECTLY RELATED TO LOBBYING. THE UNIVERSITY PAYS A LOBBYIST TO SUPPORT DIFFERENT INITIATIVES (PROPOSED BILLS, ETC.) AFFECTING THE CHIROPRACTIC AND ACUPUNCTURE PROFESSIONS. 2052476 20100 125228 2197804 2277791 -280480 -55165 2052476 2390987 308055 448717 2277791 2151323 245664 6000 2390987 2030719 139354 18750 2151323 0.00000 0.71810 0.28190 0 0 3548364 3548364 6183436 5048362 1135074 15906883 12475911 3430972 10469899 7753855 2716044 379143 379143 11209597 ASSET RETIREMENT OBLIGATION 243205 OPERATING LEASE LIABILITIES 600665 FINANCING LEASE LIABILITIES 12994 856864 X 49499309 1068607 1068607 48430702 104309 761261 865570 49296272 46751968 249753 249753 46502215 104309 1011014 1115323 47617538 PART V, LINE 4: ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH THE DONORS' EXPRESSED INTENTIONS FOR THE FUNDS, SUCH AS SCHOLARSHIPS, RESEARCH, ETC. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2023 AND 2022. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 636,167. HEALTH CENTER WRITE OFFS 374,847. COST OF GOODS SOLD -220,001. LOSS ON DISPOSAL OF ASSETS -29,752. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS 29,752. COST OF GOODS SOLD 220,001. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 636,167. HEALTH CENTER WRITE OFFS 374,847. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS PUBLISHED AT VARIOUS TIMES THROUGHOUT THE YEAR ON SOCIAL MEDIA ANNOUNCING REGISTRATION DATES AND PROGRAMS OFFERED. THE UNIVERSITY FOLLOWS A NONDISCRIMINATORY POLICY REGARDING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, RELIGION, SEX, COLOR, NATIONAL ORIGIN, SEXUAL ORIENTATION, GENDER IDENTITY, OR ANY OTHER PROTECTED CLASS. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH STUDENTS OF ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED. THE RACIALLY NONDISCRIMINATORY POLICY IS ON THE HOMEPAGE OF THE WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL WORK STUDY PROGRAMS AND FEDERAL DIRECT LOAN PROGRAMS. 1 ALUMNI SCHOLARSHIPS 11 9000 0 N/A N/A DEFERRED ACTION CHILD ARRIVAL 14 30454 0 N/A N/A YELLOW RIBBON MATCH 12 33620 0 N/A N/A ENDOWED 34 126553 0 N/A N/A LEGACY 13 6576 0 N/A N/A OLYMPIC ATHLETE 3 40914 0 N/A N/A NEW STUDENT SCHOLARSHIPS 336 240368 0 N/A N/A OTHER 7 12360 0 N/A N/A INTERNATIONAL 68 136322 0 N/A N/A PART I, LINE 2: SCHOLARSHIPS ARE AVAILABLE TO STUDENTS WHO ARE ACTIVE IN SCHOOL FUNCTIONS AND THE SOCIAL BETTERMENT OF HEALTH PROFESSIONS. THE SCHOLARSHIPS REFLECT AN APPRECIATION OF THE SERVICE COMMITMENT AS WELL AS ACADEMIC PERFORMANCE. GRANTS, LOANS, AND SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON FINANCIAL NEED, ACADEMIC STATUS, ABILITY TO BENEFIT, AND OTHER CRITERIA. DOCUMENTATION OF STUDENT ELIGIBILITY IS MAINTAINED ON FILE IN THE STUDENT FINANCIAL AID OFFICE AND IS SUBJECT TO ANNUAL INDEPENDENT AUDIT. X X X X 1 0 0 0 0 0 0 0 0 JOHN SCARINGE PRESIDENT 455217 0 100000 0 0 0 35750 0 24925 0 615892 0 0 0 TOM ARENDT VP FINANCE & BUSINESS AFFAIRS/CFO 268404 0 20000 0 0 0 25495 0 24925 0 338824 0 0 0 TAMARA ROZHON PROVOST 266362 0 11000 0 0 0 26746 0 24925 0 329033 0 0 0 CHUCK SWEET CHIEF OF STAFF 228755 0 20000 0 0 0 24871 0 6380 0 280006 0 0 0 MELISSA NAGARE - VP SCU HEALTH SYS. & CHIEF CLINICAL OFF. 170238 0 29000 0 0 0 21642 0 15677 0 236557 0 0 0 BRADLEY KUHN DIRECTOR OF IT 195394 0 3000 0 0 0 0 0 14256 0 212650 0 0 0 JIM BRENNER EXECUTIVE DIRECTOR OF MARKETING 172108 0 6750 0 0 0 8963 0 20116 0 207937 0 0 0 JONATHON EGAN ASST. PROVOST 164833 0 6750 0 0 0 8691 0 24925 0 205199 0 0 0 MICHAEL RAMCHARAN ASST. PROVOST 163536 0 6750 0 0 0 8543 0 24925 0 203754 0 0 0 ERICK DE LA ROSA DIRECTOR OF ADMISSIONS 159045 0 6750 0 0 0 8963 0 20116 0 194874 0 0 0 DAN HANDLEY DIRECTOR OF MSHGG 167835 0 1000 0 0 0 8024 0 17309 0 194168 0 0 0 ROSSLYN BYOUS DIRECTOR OF DEI (THROUGH 12/7/22) 115480 0 1000 0 66394 0 5756 0 3613 0 192243 0 0 0 JOE HORRIGAN DIRECTOR OF TSM 157609 0 4000 0 0 0 8024 0 17309 0 186942 0 0 0 ASHLEY LARSON MSPA CLINICAL DIRECTOR 159390 0 1000 0 0 0 8134 0 14661 0 183185 0 0 0 PART I, LINE 4A ROSSLYN BYOUS RECIEVED A SEVERANCE PAYMENT OF $66,394. THIS AMOUNT WAS INCLUDED IN W-2 WAGES. INTEGRATIVE PRACTITIONERS CORPORATION IPC IS 49% OWNED BY PRESIDENT JOHN SCARINGE ORGANIZATIONAL START-UP COSTS AND CASH FLOW SUPPORT FOR OPERATIONS X 2186302 0 1 1 1 FORM 990, PART III, LINE 2 SCU HEALTH PROVIDES WHOLE HEALTH INTEGRATIVE CARE TO OUR COMMUNITY. THE CARE WE PROVIDE IS WHOLE HEALTH/INTEGRATIVE, PATIENT CENTERED, VALUE BASED, AND EVIDENCE INFORMED. AS THE ONLY INTEGRATIVE ACADEMIC HEALTH CENTER ON THE WEST COAST, SCU HEALTH IS MAKING ADVANCES IN TWENTY-FIRST CENTURY EDUCATION, CLINICAL RESEARCH, AND CLINICAL PRACTICE. TEAMING WITH CIVIC AND SERVICE ORGANIZATIONS, EMPLOYERS, INSURERS, AND LOCAL HEALTHCARE PRACTITIONERS, SCU EXCELS IN THE PRACTICAL APPLICATION OF WHOLE HEALTH IN MEETING THE NEEDS OF OUR COMMUNITY. SCU HEALTH PROVIDED CARE AT 31,537 PATIENT VISITS (PV'S), INCLUDING 4,204 PV'S AT STUDENT HEALTH CENTERS, 4,091 AT LOW INCOME/FREE CARE CLINICS, 7,626 PV'S IN OUR TACTICAL SPORTS MEDICINE SITES SERVING PRIMARILY FIRST RESPONDERS, AND 15,616 PV'S IN OUR ON-SITE CLINIC FACILITY. 44% OF OUR PATIENT VISITS WERE WITH UNDERREPRESENTED MINORITIES. THE FIGURES ABOVE INCLUDE CARE FOR 1,933 PATIENTS ACROSS 35 CLINICAL COMMUNITY OUTREACH EVENTS, 98% OF WHICH PROVIDED CARE TO UNDERSERVED COMMUNITIES INCLUDING THOSE WITH POOR ACCESS TO HEALTHCARE DUE TO IMMIGRATION STATUS AND/OR FINANCIAL CIRCUMSTANCES AND PEOPLE EXPERIENCING HOMELESSNESS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS SHALL CONSIST OF FIVE TO SEVEN MEMBERS. THE BOARD SHALL ELECT A CHAIR, A VICE CHAIR, A SECRETARY AND UP TO FOUR ADDITIONAL MEMBERS AT ITS ANNUAL MEETING. THE EXECUTIVE COMMITTEE SHALL POSSESS NO POWERS BEYOND THOSE SPECIFICALLY DELEGATED TO IT BY THE BOARD. THE MINUTES AND ANY ACTION TAKEN ON BEHALF OF THE BOARD OF REGENTS SHALL REQUIRE FORMAL RATIFICATION AT THE BOARD'S NEXT MEETING. THE EXECUTIVE COMMITTEE OF THE BOARD SHALL HAVE AND EXERCISE THE AUTHORITY OUTLINED IN THE BYLAWS CONCERNING THE MANAGEMENT OF THE BUSINESS AFFAIRS OF THIS CORPORATION DURING THE PERIODS BETWEEN THE MEETINGS OF THE BOARD, EXCEPT FOR THE POWERS EXPLICITLY RESERVED TO THE BOARD UNDER SECTION 5212 OF NON-PROFIT PUBLIC BENEFIT CORPORATION LAW. SPECIFICALLY, THE FOLLOWING MATTERS SHALL BE RESERVED FOR THE BOARD OF REGENTS: PRESIDENTIAL SELECTION, COMPENSATION AND TERMINATION; BOARD OF REGENTS MEMBERSHIP AND BOARD OFFICER SELECTION; BOARD BYLAW AMENDMENTS; CHANGES TO THE INSTITUTION'S MISSION; THE INCURRENCE OF INDEBTEDNESS; THE APPROVAL OF THE ANNUAL BUDGET; AND THE CONFERRAL OF DEGREES. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF THE STANDING COMMITTEES OF THE BOARD AND THE INSTITUTION'S PLANNING PROCESS, AS WELL AS PROVIDE GUIDANCE AND SUPPORT TO THE UNIVERSITY PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION USED IN THE PREPARATION OF THE 990 IS COMPILED BY THE DIRECTOR OF ACCOUNTING. EACH DRAFT REVISION OF THE 990 IS REVIEWED BY THE DIRECTOR OF ACCOUNTING, AND THE FINAL DRAFT IS ALSO REVIEWED EXECUTIVE DIRECTOR OF FINANCE AND THE VP FOR FINANCE AND BUSINESS AFFAIRS. ONCE APPROVED BY THESE INDIVIDUALS, THE DRAFT 990 IS PRESENTED TO THE BOARD, WHICH IS PROVIDED WITH A CERTAIN NUMBER OF DAYS TO PROVIDE COMMENTS. ONCE ANY COMMENTS ARE IMPLEMENTED, THE DRAFT IS READY TO BE FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS DEVELOPED A PROCESS FOR REGULARLY MONITORING AND ANNUALLY DISCLOSING CONFLICTS OF INTERESTS. BOARD MEMBERS SIGN AFFIRMATIONS ANNUALLY. A BOARD MEMBER MAY MAKE A PRESENTATION AT THE BOARD OF COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTING ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE REMAINING BOARD MEMBERS DETERMINE IF A CONFLICT EXISTS AND THE PROCEEDINGS ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT IS SET BY AGREEMENT BETWEEN THE BOARD OF REGENTS AND THE PRESIDENT. THE GROUP THAT ASSESSES COMPENSATION AND NEGOTIATES THE AGREEMENT ON BEHALF OF THE BOARD IS THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS, ALTHOUGH THE RECOMMENDED COMPENSATION PACKAGE IS VOTED ON BY THE FULL BOARD. FOR 2020, THE COMMITTEE USED AN INDEPENDENT CONSULTANT TO ADVISE ON THE PRESIDENT'S SALARY AND BENEFITS. THE COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES IS REVIEWED IN DETAIL EVERY FEW YEARS. IN 2023, THE UNIVERSITY HIRED AN OUTSIDE CONSULTANT TO PERFORM A COMPENSATION STUDY. A SEPARATE STUDY WAS ALSO PERFORMED IN HOUSE. THE RESULTS OF THESE INDICATED NO ADJUSTMENTS WERE NEEDED. ANNUALLY, THESE INDIVIDUALS ARE ELIGIBLE FOR COST OF LIVING INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART IX, LINE 11G HEALTH CARE CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 374,509. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 374,509. CURRICULUM DEVELOPMENT: PROGRAM SERVICE EXPENSES 312,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 312,050. OUTSOURCED SECURITY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 323,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 323,750. HR OUTSOURCED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 643,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 643,090. ALL OTHERS: PROGRAM SERVICE EXPENSES 3,067,833. MANAGEMENT AND GENERAL EXPENSES 1,277,132. FUNDRAISING EXPENSES 66. TOTAL EXPENSES 4,345,031. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.