2023-10-13T18:27:24-05:00 2022-06-30 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2021-07-01 941358307 HOLY NAMES UNIVERSITY HOLY 5104361252 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 JEANINE HAWK CFO 5104361252 2023-10-13 1 JEANINE HAWK 999009999 MAGA E KISRIEV P01008919 4089988400 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X MICHAEL GROENER 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 45491107 0 0928 X WWW.HNU.EDU X 1880 CA PROVIDING A CATHOLIC LIBERAL EDUCATION EMPOWERING OUR STUDENTS FOR LEADERSHIP AND SERVICE. 12 11 774 126 14359 1672 13227187 10202154 36651286 35239382 7171 34117 0 0 49885644 45475653 22495540 21352066 0 0 20554035 20285699 0 0 844949 14209928 16590876 57259503 58228641 -7373859 -12752988 93790592 77770166 48819254 49461473 44971338 28308693 X HOLY NAMES UNIVERSITY, FOUNDED BY THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, IS ROOTED IN CATHOLIC INTELLECTUAL AND SPIRITUAL TRADITIONS. A RIGOROUS AND INCLUSIVE INTELLECTUAL COMMUNITY, HNU IS COMMITTED TO CONTINUOUS IMPROVEMENT AND PROVIDES PROFESSIONAL AND LIBERAL UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. THE UNIVERSITY EMPOWERS A DIVERSE STUDENT BODY TO THINK CRITICALLY AND IMAGINATIVELY, TO UNDERSTAND AND EMPLOY THE VARIOUS MODES OF KNOWLEDGE, TO COMMUNICATE CLEARLY AND PERSUASIVELY, TO PURSUE LEADERSHIP OPPORTUNITIES, AND TO PROMOTE THE COMMON GOOD. 0 0 27586737 4133413 32515143 THE UNIVERSITY PROVIDED UNDERGRADUATE AND GRADUATE INSTRUCTION FOR 1,246 FULL-TIME AND PART-TIME STUDENTS. 57% OF STUDENTS WERE HISPANIC OF ANY RACE, NATIVE AMERICAN, ASIAN, AFRICAN AMERICAN, OR NATIVE HAWAIIAN. UNIVERSITY STUDENTS PURSUED THE FOLLOWING COURSES OF STUDY: UNDERGRADUATES (56%), GRADUATE (44%). TYPICAL TUITION AND FEES WERE $40,368 FOR UNDERGRADUATES AND $27,081 FOR GRADUATE STUDENTS. THE UNIVERSITY AWARDED 128 BACHELOR'S DEGREES, 107 MASTER'S DEGREES, AND 28 CERTIFICATE AND CREDENTIALS. THE UNIVERSITY EMPLOYED 35 FULL-TIME FACULTY AND 160 PART-TIME FACULTY. 17218653 17218653 0 THE UNIVERSITY PROVIDED FINANCIAL AID OF $15,972,003 AND $1,246,650 IN HEERF/CARES ACT GRANTS TO MANY OF OUR UNDERGRADUATE AND GRADUATE STUDENTS. 4895998 0 2724239 THE UNIVERSITY'S AUXILIARY ENTERPRISE EXPENSE PERTAINS TO THE UNIVERSITY'S ON-CAMPUS DORMITORIES AND CAFETERIA. THE AVERAGE ANNUAL COST FOR ROOM AND BOARD WAS $13,994. THE RESIDENCE HALLS FEATURE SINGLE ROOMS, DOUBLE ROOMS, AND SUITES FOR THREE OR MORE STUDENTS. EACH DORM ROOM HAS TWIN-SIZED BEDS, A SINK, TWO CLOSETS, A SET OF DRAWERS FOR EACH STUDENT, TWO DESKS, TWO CHAIRS, AND A MINI-FRIDGE. EACH HALL HAS A LAUNDRY ROOM. ENTRY TO THE DORMS IS CONTROLLED BY MEANS OF AN ELECTRONIC ACCESS CARD ISSUED TO DORM RESIDENTS. STUDENTS SERVING AS RESIDENT ASSISTANTS LIVE ON EACH FLOOR OF THE DORMS TO PROVIDE SUPERVISION AND ASSISTANCE. THE DINING HALL SERVES 19 "ALL-YOU-CAN-EAT" MEALS A WEEK. STUDENTS MAY CHOOSE ONE OF TWO MEAL PLANS OFFERING FROM 14 TO 19 MEALS/WEEK. [CONTINUED ON SCHEDULE O]THE HOT FOOD SELECTIONS ARE COMPLEMENTED BY A FRESH SALAD BAR. 49701388 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 56 0 1 774 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X JAMES BARAJAS 5104361037 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 X STEVEN BORG BOARD CHAIR 1.00 0.00 X X 0 0 0 BARBARA A BRAY SNJM TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA CANNING SNJM TRUSTEE 1.00 0.00 X 0 0 0 LOUIS D CHICOINE TRUSTEE 1.00 0.00 X 0 0 0 JEAN DOWDALL TRUSTEE 1.00 0.00 X 0 0 0 RACHEL O'DWYER FLYNN TRUSTEE 1.00 0.00 X 0 0 0 LARRY GARCIA TRUSTEE 1.00 0.00 X 0 0 0 TIFFIN GROFF TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH LIEBERT SNJM TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN ROSS SNJM TRUSTEE 1.00 0.00 X 0 0 0 NICKI JEAN THOMAS SNJM TRUSTEE 1.00 0.00 X 0 0 0 GARY SITZMANN TRUSTEE (THRU MAR 2022) 1.00 0.00 X 0 0 0 MARY PAT LEROY SNJM TRUSTEE (THRU JAN 2022) 1.00 0.00 X 0 0 0 MICHAEL GROENER PRESIDENT 40.00 0.00 X X 227346 0 41235 ROBERT KINNARD VP FINANCE & ADMINISTRATION 40.00 0.00 X 176980 0 26936 CAROL SELLMAN SNJM SEC. & VP OF MISSION INTEGRATION 40.00 0.00 X 97262 0 0 SHEILA SMITH-MCKOY PROVOST & VP AC. AFF. (THRU MAY 2021) 40.00 0.00 X 310803 0 10018 LUIS GUERRA VP FACILITIES AND EVENTS 40.00 0.00 X 164869 0 23258 LAURA LYNDON VP STUDENT AFFAIRS 40.00 0.00 X 157560 0 30863 WILLIAM WANKER CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 164302 0 8724 ELIZABETH MIHOPOULOS VP ENROLLMENT MANAGEMENT 40.00 0.00 X 210000 0 25830 MARY BOIVIN-MCGHEE VP, OFFICE OF INST. ADVANCEMENT 40.00 0.00 X 231159 0 24363 DUYGU DEMIRLIOGLU FACULTY (THRU JUN 2021) 40.00 0.00 X 154482 0 43212 JOHN HOFMANN CHIEF OF STAFF/DIR INST EFF & RSRCH 40.00 0.00 X 148945 0 32523 KIMERLY L MAYFIELD DEAN OF ACADEMIC SCHOOL 40.00 0.00 X 142800 0 7270 KIM BOWERS INTERIM PROVOST & VP ACADEMIC AFFAIRS 40.00 0.00 X 148675 0 14015 2335183 0 288247 23 0 1 0 EPICUREAN GROUP 111 MAIN ST SUITE 3 LOS ALTOS CA 94022 CAMPUS FOOD SERVICES 1341033 EAB PO BOX 603519 CHARLOTTE NC 282603519 MARKETING & RECRUITING SERVICES 877939 TRIUMPH PROTECTION GROUP INC 853 COTTING COURT STE D VACAVILLE CA 95688 CAMPUS SECURITY SERVICES 473396 BUILDING SERVICES MAINTENANCE INC 2575 STANWELL DR 2ND FLOOR CONCORD CA 94520 MAINTENANCE & JANITORIAL SERVICES 440177 KAUFMAN HALL & ASSOCIATES LLC 8610 SOLUTION CENTER CHICAGO IL 606778006 FINANCIAL & STRATEGIC CONSULTING 213050 9 45000 7904799 2252355 8201 10202154 TUITION AND FEES 611710 29192581 29192581 AUXILARY ENTERPRISE 611710 2724239 2724239 EDUCATION ACTIVITIES 611710 2707838 2707838 SCH EVENTS, OTHER PROG 611710 591871 591871 CONTRACTS, EXCH. TRANS 611710 22853 22853 35239382 41429 14359 27070 8142 15454 -7312 -7312 -7312 45475653 35239382 14359 19758 21352066 21352066 1675985 606505 1069480 15606110 13576472 1456738 572900 1615416 1453264 126400 35752 1388188 1149440 192318 46430 243245 243245 153650 153650 205369 205369 1601551 901482 566658 133411 996801 8415 988386 231418 210972 14952 5494 930841 252048 677855 938 1593411 1310008 283403 500609 463770 36839 125152 115942 9210 1947210 1734938 212272 699492 623238 76254 245973 31014 214959 AUXILIARY ENTERPRISES 4895998 4895998 BAD DEBT EXPENSE 788593 5150 783443 FURNITURE & EQUIPMENT 417979 302277 114690 1012 FOOD AND BEVERAGES 130879 117688 10079 3112 882705 590701 246104 45900 58228641 49701388 7682304 844949 7037538 3645624 6703517 5128254 1263631 938470 1672990 1489180 71032 62177 434859 247904 50702462 39562741 11763544 11139721 4594662 3187907 60210248 51930929 38571 0 93790592 77770166 2039295 2477298 1810940 1875569 44341210 44506123 627809 602483 48819254 49461473 X -24045731 -36334648 69017069 64643341 44971338 28308693 93790592 77770166 -12752988 -3909657 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65883224 433933 -4045150 3874611 58397396 54619996 616191 14251356 3604319 65883224 54171145 1149969 1473154 2174272 54619996 51917540 211508 3744317 1702220 54171145 50945666 -703908 3279782 1604000 51917540 0.00980 0.81590 0.17430 1 0 1559919 1559919 31767655 25622412 6145243 15463213 13520413 1942800 1911675 419916 1491759 11139721 PASSTHROUGH INVESTMENTS 45466803 F ALTERNATIVE STRATEGIES FUND 6464126 F 51930929 CAPITAL LEASE OBLIGATIONS 288973 ASSET RETIREMENT OBLIGATION 291799 U.S. GOVERNMENT GRANTS REFUNDABLE 21711 602483 X 22096674 -3909657 -19263953 -23173610 45270284 205369 205369 45475653 38759319 0 38759319 205369 19263953 19469322 58228641 PART V, LINE 4: THE ENDOWMENT OF THE UNIVERSITY COMPRISES APPROXIMATELY FORTY-FOUR INDIVIDUAL FUNDS. MOST OF THESE FUNDS WERE ESTABLISHED TO PROVIDE A PERMANENT SOURCE OF FUNDING FOR SCHOLARSHIPS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY OPERATES AS A NONPROFIT CORPORATION (CORPORATION) AND HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE CALIFORNIA TAX CODE. IN ADDITION, THE UNIVERSITY MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. AS OF JUNE 30, 2022, MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECLASSIFIED TO EXPENSES -15,972,003. GRANT EXPENSES NETTED AGAINST CONTRACT REVENUE ON AUDITED FINANCIAL STMTS -3,291,950. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECLASSIFIED TO EXPENSES 15,972,003. GRANT EXPENSES NETTED AGAINST CONTRACT REVENUE ON AUDITED FINANCIAL STMTS 3,291,950. 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 INCLUDES ITS NONDISCRIMINATORY POLICY IN THE HNU CATALOG, WEBSITE, AS WELL AS ON THE UNDERGRADUATE APPLICATION FORM. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN FEDERAL AND STATE STUDENT FINANCIAL AID PROGRAMS. THE FUNDS ARE USED FOR STUDENT FINANCIAL AID OR STUDENT LOANS. THE UNIVERSITY ACTS AS AN INTERMEDIARY BETWEEN THE STUDENTS RECEIVING THE ASSISTANCE AND THE GOVERNMENT AGENCY PROVIDING THE ASSISTANCE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 6464126 0 0 0 0 0 0 6464126 0 6464126 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 GRANTS, SCHOLARSHIPS, AND FINANCIAL AID 1176 15972003 GRADUATE TUITION WAIVERS 42 841463 CARES ACT STUDENT GRANTS 995 1246650 FEDERAL AND STATE GRANTS 295 3291950 PART I, LINE 2: EACH TRANSACTION INVOLVING GRANTS, SCHOLARSHIPS, OR FINANCIAL AID IS MONITORED THROUGH THE STUDENT ACCOUNT BY OUR STUDENT ACCOUNTS AND FINANCIAL AID OFFICES. IN ADDITION, THE UNIVERSITY UNDERGOES ANNUAL AUDITS OF ITS FINANCIAL AID PROCESS AND PROCEDURES. THE EXTERNAL AUDITORS TEST THE UNIVERSITY'S COMPLIANCE WITH APPLICABLE RULES AND REGULATIONS. X 1 1 X X X 1 0 0 0 0 0 0 0 0 SHEILA SMITH-MCKOY PROVOST & VP AC. AFF. (THRU MAY 2021 90737 0 0 0 220066 0 4615 0 5403 0 320821 0 0 0 MICHAEL GROENER PRESIDENT 227346 0 0 0 0 0 26000 0 15235 0 268581 0 0 0 MARY BOIVIN-MCGHEE VP, OFFICE OF INST. ADVANCEMENT 213159 0 0 0 18000 0 10000 0 14363 0 255522 0 0 0 ELIZABETH MIHOPOULOS VP ENROLLMENT MANAGEMENT 210000 0 0 0 0 0 25830 0 0 0 235830 0 0 0 ROBERT KINNARD VP FINANCE & ADMINISTRATION 176980 0 0 0 0 0 20406 0 6530 0 203916 0 0 0 DUYGU DEMIRLIOGLU FACULTY (THRU JUN 2021) 65075 0 89407 0 0 0 33500 0 9712 0 197694 0 0 0 LAURA LYNDON VP STUDENT AFFAIRS 157560 0 0 0 0 0 16500 0 14363 0 188423 0 0 0 LUIS GUERRA VP FACILITIES AND EVENTS 164869 0 0 0 0 0 16728 0 6530 0 188127 0 0 0 JOHN HOFMANN CHIEF OF STAFF/DIR INST EFF & RSRCH 148945 0 0 0 0 0 25993 0 6530 0 181468 0 0 0 WILLIAM WANKER CHIEF TECHNOLOGY OFFICER 164302 0 0 0 0 0 0 0 8724 0 173026 0 0 0 KIM BOWERS INTERIM PROVOST & VP ACADEMIC AFFAIR 148675 0 0 0 0 0 7485 0 6530 0 162690 0 0 0 KIMERLY L MAYFIELD DEAN OF ACADEMIC SCHOOL 142800 0 0 0 0 0 7270 0 0 0 150070 0 0 0 PART I, LINE 1A THE UNIVERSITY PROVIDES A UNIVERSITY-OWNED HOUSE ON CAMPUS FOR PRESIDENT GROENER AND HIS SPOUSE FOR THE CONVENIENCE OF THE EMPLOYER UNDER IRC SECTION 119. THE PRESIDENT IS REQUIRED TO LIVE IN THE HOME AS REQUIRED BY HIS EMPLOYMENT CONTRACT. THE BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4A SHEILA SMITH-MCKOY, PROVOST AND VP ACADEMIC AFFAIRS, RECEIVED A $211,028 SEVERANCE PAYMENT. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VLD8 2019-09-27 47219340 REFINANCE; FINANCE CERTAIN WORKING CAPITAL EXPENSES 0 0 0 A 47219340 4164741 6898111 3166727 13464294 19525425 42 2019 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 A 1 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF HOLY NAMES UNIVERSITY ARE APPOINTED BY THE PROVINCE LEADER OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S.-ONTARIO PROVINCE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF HOLY NAMES UNIVERSITY, APPOINTED BY THE PROVINCE LEADER OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S.-ONTARIO PROVINCE, HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES, TO REMOVE MEMBERS FROM BOARD, AND TO FILL VACANCIES ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ANNUAL BUDGET AND APPOINTMENT OF THE PRESIDENT ARE SUBJECT TO APPROVAL BY THE MEMBERS OF HNU. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY TAX PROFESSIONALS AND WAS REVIEWED BY SENIOR STAFF. THE RETURN WITHOUT SCHEDULE B INFORMATION WAS PROVIDED TO THE AUDIT COMMITTEE AND TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FACULTY AND STAFF ARE REQUIRED TO ABIDE BY THE CONFLICT OF INTEREST POLICY, AS NOTED IN THE RESPECTIVE FACULTY AND STAFF EMPLOYEE HANDBOOKS. DIRECTORS/ TRUSTEES ARE REQUIRED TO ABIDE BY THE BOARD CONFLICT OF INTEREST POLICY AND TO ANNUALLY DISCLOSE IF THEY HAVE ANY CONFLICTS OF INTEREST. SHOULD A POTENTIAL CONFLICT BE INDICATED, THE POLICY PROVIDES FOR A REVIEW OF THE PROPOSED TRANSACTIONS BY THE BOARD TO CONFIRM THAT IT IS IN THE BEST INTERESTS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES: 1. SURVEYS FROM AREA HIGHER EDUCATION INSTITUTIONS REGARDING SALARY AND BENEFITS FOR ALL EMPLOYEES, INCLUDING OFFICERS & KEY EMPLOYEES, ARE GATHERED AND REVIEWED 2. NATIONAL SURVEYS FOR COMPENSATIONS FOR HIGHER EDUCATION INSTRUCTIONS FOR ALL EMPLOYEES, INCLUDING OFFICERS & KEY EMPLOYEES ARE GATHER AND REVIEWED 3. COMPARABILITY FACTORS INCLUDE SIZE OF THE INSTITUTIONAL BUDGET, COMPLEXITY OF THE INSTITUTION, COST OF LIVING IN THE INSTITUTION'S GEOGRAPHIC LOCATION, POSITION REQUIREMENTS, AND LENGTH OF TENURE (IF AVAILABLE) 4. THE DATA IS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD ALONG WITH A RECOMMENDATION FOR COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE ON PUBLIC WEBSITES AND IS AVAILABLE TO THE PUBLIC FROM HOLY NAMES UNIVERSITY UPON REQUEST. ITS CONFLICT OF INTEREST POLICY IS CONTAINED IN THE UNIVERSITY HANDBOOK AND IS ALSO AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART VII, SECTION A: THE REPORTABLE COMPENSATION FOR CAROL SELLMAN WAS PAID TO SISTERS OF THE HOLY NAMES OF JESUS AND MARY FOR HER SERVICES PERFORMED FOR THE UNIVERSITY. SISTERS OF THE HOLY NAMES OF JESUS AND MARY US-ONTARIO PO BOX 398 MARYLHURST OR 97036 204366910 RELIGOUS OR 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0