2022-05-13T13:59:37-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 12721 METCALF AVENUE SUITE 104 OVERLAND PARK KS 66213 990 2020-07-01 410698301 COLLEGE OF ST SCHOLASTICA INC COLL 8004475444 1200 KENWOOD AVENUE DULUTH MN 558114199 JILL LARSON ED FOR FINANCE/CFO 8004475444 2022-05-11 1 JILL LARSON 999009999 GREG SULLIVAN P01259107 9134916655 2022-05-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z BARBARA MCDONALD 1200 KENWOOD AVENUE DULUTH MN 558114199 125221797 0 X WWW.CSS.EDU X 1962 MN PROVIDE INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK. 22 21 1805 200 16651 16651 12477269 15794616 104943097 99280528 5067641 1990046 1418590 520012 123906597 117585202 38723952 37294905 0 0 53142408 48119749 65575 82158 1469871 29104591 26898075 121036526 112394887 2870071 5190315 197957414 228173776 71127130 71984183 126830284 156189593 X SHAPED BY THE CATHOLIC BENEDICTINE HERITAGE, THE COLLEGE OF ST. SCHOLASTICA PROVIDES INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK. IN CONJUNCTION WITH THIS MISSION STATEMENT, THE COLLEGE'S VISION STATEMENT IS AS FOLLOWS: THE COLLEGE OF ST. SCHOLASTICA ASPIRES TO BE A DIVERSE AND INCLUSIVE ACADEMIC COMMUNITY OF EXCELLENCE, GROUNDED IN THE RICH CATHOLIC BENEDICTINE HERITAGE, SENDING FORTH THOUGHTFUL LEADERS SHARPENED AND SENSITIZED BY THE LIBERAL ARTS, WHO ARE PREPARED AND COMMITTED TO SERVE AND TRANSFORM THE WORLD. 0 0 69897857 37184429 91430220 INSTRUCTION: THE COLLEGE OF ST. SCHOLASTICA PREPARES ITS STUDENTS FOR A LIFE OF PURPOSE BY EMPHASIZING CORE VALUES OF THE CATHOLIC BENEDICTINE TRADITION, INCLUDING HOSPITALITY, THE LOVE OF LEARNING, RESPECT, COMMUNITY AND STEWARDSHIP. LEARNING HERE ENTAILS A COMMITMENT TO MEETING RIGOROUS ACADEMIC STANDARDS, BROADENING THE SCOPE OF ONE'S VISION AND BECOMING ACCOUNTABLE TO BOTH SELF AND SOCIETY. ST. SCHOLASTICA OFFERS 39 MAJORS AND 13 UNIQUE MINORS. THE COLLEGE ALSO OFFERS ADVANCED DEGREES, CERTIFICATES AND LICENSURES IN 34 DIFFERENT AREAS. THE MAIN CAMPUS IS IN DULUTH, MINNESOTA, WITH ADDITIONAL IN-STATE CAMPUSES IN AUSTIN, BRAINERD, CLOQUET, INVER GROVE HEIGHTS, ST. CLOUD, AND ST. PAUL. IN ADDITION TO GRADUATE AND EXTENDED SITES THE COLLEGE OFFERS ONLINE PROGRAMS. 21791466 46200 386505 STUDENT & ADMINISTRATIVE SERVICES: THE STUDENT EXPERIENCE IS CRITICAL TO THE COLLEGE OF ST. SCHOLASTICA'S MISSION. THE COLLEGE PROVIDES LIBRARY SERVICES, COMPUTER LABS, ACADEMIC AND PERSONAL ADVISEMENT AND COUNSELING, TUTORING AND GRADUATE SCHOOL PREPARATION TO ENHANCE ITS EDUCATIONAL PROGRAMS. SUPPORT IS OFFERED FOR ADMISSIONS, REGISTRATION, FINANCIAL AID AND SPECIALIZED SERVICES TO ENRICH DIVERSITY WITHIN THE COLLEGE. STUDENT ACTIVITIES ARE A WAY FOR STUDENTS TO CONNECT WITH OTHER STUDENTS WITH SIMILAR VIEWS, ASPIRATIONS AND CONCERNS, AND THEN PROVIDE A FRAMEWORK FOR THOSE STUDENTS TO WORK TOGETHER FOR A COMMON GOAL. A VARIETY OF CAMPUS ORGANIZATIONS, CLUBS, AND LEADERSHIP OPPORTUNITIES PROVIDE STUDENTS WITH MANY AVENUES FOR PERSONAL, VOCATIONAL AND SOCIAL GROWTH. THE ATHLETICS DEPARTMENT OFFERS 22 MEN'S AND WOMEN'S PROGRAMS CONSISTENT WITH THE MISSION STATEMENT OF THE COLLEGE AND THE NCAA DIVISION III PHILOSOPHY. THERE WERE 404 UNDUPLICATED STUDENT PARTICIPANTS IN THESE PROGRAMS. ALL STUDENTS MAY PARTICIPATE IN A WIDE VARIETY OF INTRAMURAL ACTIVITIES AS WELL AS GENERAL USE OF THE COLLEGE'S RECREATIONAL FACILITY, THE BURNS COMMONS WELLNESS CENTER. 6599735 0 6525898 AUXILIARY SERVICES: ST. SCHOLASTICA OFFERS ITS STUDENTS HOUSING, FOOD AND HEALTH SERVICES.HOUSING CONSISTS OF A RESIDENCE HALL AND SUITES AND SEVEN APARTMENT COMPLEXES WITH A CAPACITY OF 918 BEDS. OVER HALF OF THE COLLEGE'S FULL-TIME UNDERGRADUATE TRADITIONAL AGED STUDENTS RESIDE ON CAMPUS. FOR, 2020-21, OCCUPANCY WAS 688 AND 590 STUDENTS FOR FALL AND SPRING SEMESTERS, RESPECTIVELY.ST. SCHOLASTICA UTILIZES ARAMARK CAMPUS DINING TO PROVIDE QUALITY NUTRITIOUS FOODS AT MULTIPLE CAMPUS LOCATIONS. TOGETHER WE ARE COMMITTED TO SUSTAINABLE PRACTICES AND SUPPORTING STUDENT'S HEALTH AND WELLBEING. ALL STUDENTS RESIDING IN THE RESIDENCE HALL ARE REQUIRED PURCHASE A MEAL PLAN. OPTIONAL MEAL PLANS ARE AVAILABLE FOR OTHER RESIDENTIAL AND COMMUTER STUDENTS. FOR 2020-21, 382 AND 311 STUDENTS OBTAINED MEAL PLANS FOR FALL AND SPRING SEMEMSTERS, RESPECTIVELY. THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL STUDENTS IS ESSENTIAL FOR ACADEMIC SUCCESS. STUDENT HEALTH SERVICES PROVIDES ONSITE ACCESS TO MEDICAL PROFESSIONALS. OUR PROFESSIONAL STAFF OFFERS STUDENTS CONFIDENTIAL SERVICES IN TREATING PHYSICAL AND MENTAL HEALTH CONCERNS THAT COMMONLY OCCUR WITHIN THE COLLEGE POPULATION.A CAMPUS CONVENIENCE STORE SERVES STUDENTS, FACULTY, STAFF, ALUMNI AND MEMBERS OF THE SURROUNDING COMMUNITY WITH A SELECTION OF COLLEGIATE CLOTHING, GIFTS AND GENERAL MERCHANDISE. 2119806 64276 964084 OTHER: INCLUDE PERFORMING ARTS, CONFERENCES, SPORTS CAMPS, AND MISCELLANEOUS EDUCATIONAL SERVICES. 2119806 64276 964084 100408864 1 1 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 333 0 1805 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN CA X X JILL LARSON 2187236009 1200 KENWOOD AVENUE DULUTH MN 558114199 BARBARA MCDONALD PRESIDENT 40.00 X X 348140 0 42287 FRED LEWIS TRUSTEE, TREASURER 1.00 X X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 STEVE BURGESS TRUSTEE 1.00 X 0 0 0 MICHELLE STENDER TRUSTEE 1.00 X 0 0 0 MARY SUSAN DEWITT OSB TRUSTEE 1.00 X 0 0 0 MARK LAMBERT TRUSTEE 1.00 X 0 0 0 MARIANNE ALLEN TRUSTEE 1.00 X 0 0 0 JOHN STRANGE TRUSTEE 1.00 X 0 0 0 SUSAN KOERING TRUSTEE 1.00 X 0 0 0 DAVID SPARBY TRUSTEE, CHAIR 1.00 X X 0 0 0 DOUG SCHUR TRUSTEE 1.00 X 0 0 0 GRETCHEN JOHNSTON OSB TRUSTEE 1.00 X 0 0 0 DEBORAH AMBERG TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 DAVID HERMAN TRUSTEE 1.00 X 0 0 0 DANILE LYNCH OSB TRUSTEE 1.00 X 0 0 0 CONNIE RENDA TRUSTEE 1.00 X 0 0 0 DONNA SCHROEDER OSB TRUSTEE 1.00 X 0 0 0 THOMAS WEDIGE TRUSTEE 1.00 X 0 0 0 RYAN SANDEFER VP ACADEMIC AFFAIRS 40.00 X 136482 0 38369 MARTY PARSONS VICE-PRESIDENT FOR FINANCE 40.00 X 137937 0 1491 SHERYL SANDAHL DEAN OF NURSING 40.00 X 152786 0 17537 BEN ADAMS CHIEF INFORMATION OFFICER 40.00 X 151462 0 67125 CHRIS MUELLER VICE-PRESIDENT FOR COLLEGE ADVANCEMENT 40.00 X 145280 0 72947 STEVE LYONS VICE-PRESIDENT FOR STUDENT AFFAIRS 40.00 X 136132 0 37005 RICK REVOIR DEAN 40.00 X 134377 0 8836 1342596 0 285597 26 0 1 0 ARAMARK EDUCATIONAL SERVICES LLC PO BOX 840706 DALLAS TX 752840706 FOOD SERVICE 2106044 ACSYS INC 1577 NEW BRITAIN AVENUE FARMINGTON CT 06032 MARKETING 825507 CAE HEALTHCARE INC 32955 COLLECTION CENTER DR CHICAGO IL 60693 ONLINE COURSE PLATFORM 612998 STRACK CONSTRUCTION COMPANY INC 715 15TH AVE NE ST JOSEPH MN 56374 DESIGN AND BUILDING SERVICES 512057 MCGOUGH CONSTRUCTION CO INC NW5970 PO BOX 1450 MINNEAPOLIS MN 55485 CONSTRUCTION 391608 31 12010439 3784177 200006 15794616 TUITION/FEES 900099 91430220 91430220 AUXILIARY ENTERPRISES 900099 6525898 6525898 SALES/EDU ACTIVITIES -MOBILE CSP/ 541900 660219 660219 OTHER PROGRAM SERVICE REVENUE 900099 658370 658370 CONFERENCES/SPEC EVENTS 900099 5821 5821 99280528 1845775 1845775 7578949 201917 7433654 202941 145295 -1024 144271 144271 INDIRECT COST RECOVERY 561000 292133 292133 LATE FEE PAYMENTS 900099 106198 106198 PARKING 812930 78851 78851 42830 32000 10830 520012 117585202 99306707 16651 2467228 430785 430785 36864120 36864120 699230 326057 283383 89790 37899467 32236162 4916155 747150 1323326 1126490 170868 25968 5300796 4512337 684439 104020 2896930 2466030 374052 56848 1284625 1284625 166911 166911 100745 100745 82158 82158 140316 140316 3557235 3028120 459310 69805 1035748 881687 133736 20325 1007953 858026 130147 19780 1462286 1244781 188810 28695 25635 21822 3310 503 1320724 1124275 170532 25917 414034 352449 53460 8125 205168 174651 26491 4026 1971015 1971015 4611488 4611488 400096 340585 51660 7851 ATHLETICS/EC ACTIVITIES 4754035 4046903 613841 93291 OTHER SUPPLIES 2580019 2196258 333132 50629 OTHER EXPENSE 855173 715752 121028 18393 INSTITUTIONAL SUPPORT 592277 504179 76475 11623 412592 374892 32726 4974 112394887 100408864 10516152 1469871 1750562 1203627 3967936 7602718 1393967 4662496 2818462 2619948 46805 36775 83921 60541 727640 1451099 150357506 61946812 89786410 88410694 87858665 113680171 6124211 5385026 2681608 2370893 13075 1800 704152 687988 197957414 228173776 7643103 7275595 3400045 3026820 6976688 7482706 50574145 48971288 456876 431076 731450 3336633 1344823 1460065 71127130 71984183 X 91788578 111099981 35041706 45089612 126830284 156189593 197957414 228173776 X 5190315 25635479 -1466485 X X 0 1 X 1 0 X 6712690 7710696 8096607 12477269 15794616 50791878 6712690 7710696 8096607 12477269 15794616 50791878 50791878 1751124 2168037 2445843 2719570 1845775 10930349 1021301 956744 1075771 1389434 509182 4952432 66674659 522283562 0.76180 0.73900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2016 AMOUNT: $ 1,021,301. 2017 AMOUNT: $ 956,744. 2018 AMOUNT: $ 1,075,771. 2019 AMOUNT: $ 1,389,434. 2020 AMOUNT: $ 509,182. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 2747 1 485 0 1 1478 1 3325 1 122315 130350 0 PART II-B, LINE 1: LOBBYING ACTIVITIES PERFORMED BY THE COLLEGE PRESIDENT, DEAN OF THE SCHOOL OF NURSING AND COLLEGE ADVANCEMENT ARE LIMITED TO PROCURING FUNDING RELATING TO OUR STUDENT FINANCIAL AID AND SUPPORT FOR FEDERAL AND STATE GRANTS AND INITIATIVES RELATING TO OUR ACADEMIC PURPOSE AND MISSION. LOBBYING ACTIVITIES INCLUDE WRITING LETTERS TO AND HOLDING MEETINGS WITH GOVERNMENT OFFICIALS. THE COLLEGE OF ST. SCHOLASTICA, INC. IS A MEMBER OF THE MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), A 501(C)4 ORGANIZATION. MPCC PROVIDES NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. MPCC DIVIDED ITS EXPENSES, 78.13% MAY HAVE RELATED TO LOBBYING ACTIVITIES. DUES PAID BY THE COLLEGE TO MPCC WERE ALLOCATED USING THEIR ALLOCATION. SIMILARLY 7% OF NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) DUES WERE ALLOCATED TO LOBBYING. X 1 0 X 0 0 1 X 88402487 1387466 27481727 3804266 113467414 90027758 375964 1107973 613200 2387365 108643 88402487 87653324 397889 4938191 563320 2316130 82196 90027758 80260691 2711515 7461438 529000 2101600 149720 87653324 66889647 5414794 10570466 497953 1961047 155216 80260691 0.62964 0.37036 0 0 5330921 5330921 127142680 48567856 78574824 816446 336602 479844 16192269 12810327 3381942 875190 232027 643163 88410694 ASSET RETIREMENT OBLIGATION 863693 DEPOSIT ACCOUNTS 457908 ANNUITIES PAYABLE 138464 1460065 X 106601426 25635479 11041 116192 25762712 80838714 140316 36606172 36746488 117585202 75659440 11041 1024 12065 75647375 140316 36607196 36747512 112394887 PART II, LINE 9: THERE ARE NO REVENUES ASSOCIATED WITH THIS EASEMENT. EXPENSES FOR MONITORING FLOW THROUGH THE COLLEGE'S OPERATION & MAINTENANCE ACCOUNT. LAND FALLING UNDER THE EASEMENT IS INCLUDED UNDER "LAND" IN THE COLLEGE'S BALANCE SHEET. THERE IS NO FOOTNOTE RELATING TO THE EASEMENT IN THE COLLEGE'S FINANCIAL STATEMENTS. PART III, LINE 4: THE COLLEGE'S COLLECTION (ART) CONSISTS PRIMARILY OF PICTURES AND STATUES REFLECTING OUR BENEDICTINE HERITAGE; ARTWORK CONTRIBUTES TO THIS HERITAGE VIA PUBLIC DISPLAY IN CAMPUS BUILDINGS. PART IV, LINE 2B: THE ESCROW AMOUNT REPRESENTS FUNDS HELD BY THE COLLEGE FOR STUDENT CLUBS AND ORGANIZATIONS (I.E., COLLEGE STUDENT NEWSPAPER, STUDENT SENATE, ETC.). REPRESENTATIVES OF THESE STUDENT ORGANIZATIONS ARE ABLE TO MAKE WITHDRAWALS FROM THESE FUNDS AFTER PROVIDING SUPPORTING DOCUMENTATION FOR WITHDRAWALS. PART V, LINE 4: INCOME FROM ENDOWMENT FUNDS ARE USED (PER THE COLLEGE'S SPENDING POLICY AS DETERMINED BY THE COLLEGE'S INVESTMENT COMMITTEE) FOR STUDENT SCHOLARSHIPS AND DEPARTMENTAL EXPENDITURES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD 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. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT IN ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE 116,192. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 36,607,196. GAIN/LOSS ON DISPOSAL OF FIXED ASSETS -1,024. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS ON DISPOSAL OF FIXED ASSETS 1,024. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 36,607,196. 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 COLLEGE FOLLOWS A NONDISCRIMINATION POLICY REGARDING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, COLOR, GENDER, NATIONAL ORIGIN, AND SEXUAL ORIENTATION AND IS PUBLISHED IN THE COLLEGE'S CATALOG AND RECRUITING INFORMATION. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED (PRIMARILY UPPER U.S. MIDWEST). SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE FEDERAL NURSING LOAN PROGRAM, FEDERAL COLLEGE WORK-STUDY PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING THE COLLEGE ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF MINNESOTA. THE COLLEGE ALSO RECEIVES FEDERAL AND STATE ASSISTANCE FOR GRANT RELATED PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 114007 0 0 0 0 0 0 114007 0 114007 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL PART III ACCOUNTING METHOD: X X X X X X 1 GONSER GERBER LLP 1776 LEGACY CIRCULE SUITE 100 NAPERVILLE IL 60563 CONSULTING-MARKET STUDY 0 57658 0 57658 LEGACY LEADERS CORPORATION 350 N ORLEANS ST STE 9000N CHICAGO IL 60654 DONOR COMPASS- DATA 0 24500 0 24500 82158 82158 AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS LA ME MA MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR RI SC SD TN TX UT VT WA WI WY 1 ACCEND SERVICES INC 101 W 2ND ST DULUTH MN 55802 204965505 501(C)(3) 76806 N/A N/A SEE PART IV ALLINA HEALTH SYSTEM PO BOX 1583 MINNEAPOLIS MN 55540 363261413 501(C)(3) 29742 N/A N/A SEE PART IV CENTRACARE CLINIC 1200 SIXTH AVE N ST CLOUD MN 56303 411806657 501(C)(3) 36167 N/A N/A SEE PART IV DEER RIVER HEALTHCARE CENTER 502 EAST 2ND STREET DULUTH MN 55805 410844574 501(C)(3) 13717 N/A N/A SEE PART IV ESSENTIA HEALTH DULUTH CLINIC 502 EAST 2ND STREET DULUTH MN 55805 410883623 501(C)(3) 154743 N/A N/A SEE PART IV FAIRVIEW CLINICS PO BOX 9372 MINNEAPOLIS MN 55440 410991680 501(C)(3) 31915 N/A N/A SEE PART IV HEALTHPARTNERS BLOOMINGTON 8170 33RD AVE S BLOOMINGTON MN 55425 410797853 501(C)(3) 7136 N/A N/A SEE PART IV NEW ULM MEDIAL CENTER 1324 15TH ST N NEW ULM MN 56073 363261413 501(C)(3) 10311 N/A N/A SEE PART IV ST CLOUD HOSPITAL 1406 SIXTH AVE N ST CLOUD MN 56303 410695596 501(C)(3) 40210 N/A N/A SEE PART IV TRI-COUNTY HOSPITAL INC 415 JEFFERSON ST N WADENA MN 56482 410713913 501(C)(3) 7881 N/A N/A SEE PART IV 10 0 COLLEGE FUNDED INSTITUTIONAL AID TO STUDENTS 2464 34646212 N/A N/A ENDOWED SCHOLARSHIPS TO STUDENTS 288 665950 N/A N/A FEDERAL GRANTS & SCHOLARSHIPS 225 715000 N/A N/A FEDERAL SCHOLARSHIP ALLOWANCE PROGRAMS 233 256924 N/A N/A PRIVATE SCHOLARSHIPS 475 426188 N/A N/A STATE GRANTS & SCHOLARSHIPS 33 153846 N/A N/A PART I, LINE 2: ALL GRANT ACTIVITY IS REQUIRED TO MEET THE SPECIFIC STANDARDS AND STIPULATIONS OF THE GRANTOR AND OPERATE WITHIN THE ORGANIZATION'S POLICIES AND PROCEDURES. GRANT REVENUE AND EXPENDITURES ARE MONITORED AND FUNDS ARE DRAWN DOWN ON A MONTHLY BASIS. INTERNAL REPORTS AND AWARD LEVELS ARE REVIEWED PRIOR TO EACH DRAW TO DETERMINE IF CASH SHOULD BE DRAWN FOR INDIVIDUAL GRANTS. FINALLY, THE COLLEGE UNDERGOES AN ANNUAL AUDIT OF ITS FEDERAL AWARDS UNDER THE GUIDELINES OF THE UNIFORM GRANT GUIDANCE. SCHEDULE I, PART II, COLUMN (H): FUNDS RECEIVED FROM THE MINNESOTA DEPARTMENT OF HEALTH FROM LEGISLATION THAT CREATED THE MERC TRUST FUND (PMAP/PGAMC DISTRIBUTION) THAT PROVIDES REMUNERATION FOR THOSE FACILITIES THAT SERVE AS CLINICAL TRAINING SITES FOR THE COLLEGE'S NURSE PRACTITIONER AND CLINICAL NURSE SPECIALIST STUDENTS DURING THE 2018-2019 ACADEMIC YEAR. THE AMOUNTS PAID FROM THE FUNDS RECEIVED FROM THE MERC LEGISLATION TO EACH ORGANIZATION LISTED IN PART II IS BASED ROUGHLY ON THE NUMBER OF STUDENTS THEY HAD AND THE LENGTH OF TIME THEY SPENT AT EACH RESPECTIVE FACILITY. TRAINING SITES MUST ALSO HAVE A CURRENT ACTIVE MEDICAL ASSISTANCE ENROLLMENT STATUS IN MINNESOTA. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 BARBARA MCDONALD PRESIDENT 329448 0 0 0 18692 0 31393 0 10894 0 390427 0 0 0 BEN ADAMS CHIEF INFORMATION OFFICER 139599 0 0 0 11863 0 20923 0 46202 0 218587 0 0 0 CHRIS MUELLER VICE-PRESIDENT FOR COLLEGE ADVANCEME 133221 0 0 0 12059 0 21221 0 51726 0 218227 0 0 0 RYAN SANDEFER VP ACADEMIC AFFAIRS 128123 0 0 0 8359 0 13759 0 24610 0 174851 0 0 0 STEVE LYONS VICE-PRESIDENT FOR STUDENT AFFAIRS 123846 0 0 0 12286 0 20326 0 16679 0 173137 0 0 0 SHERYL SANDAHL DEAN OF NURSING 145533 0 0 0 7253 0 8303 0 9234 0 170323 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - BARBARA MCDONALD - TAXABLE COMPENSATION HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - BARBARA MCDONALD - TAXABLE COMPENSATION PART I, LINE 1B THE COLLEGE HAS ESTABLISHED A WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT OF EXPENSES IN 2019. THERE IS A GENERAL UNDERSTANDING THAT FIRST-CLASS TRAVEL AND TRAVEL FOR COMPANIONS (NOT BONA FIDE BUSINESS PURPOSE) ARE NOT ALLOWED BY THE COLLEGE. ALL EMPLOYEES MUST SUBMIT TRAVEL/REIMBURSEMENT REPORTS FOR THEIR TRAVELING FOR THE COLLEGE - THESE ARE REVIEWED BY APPROPRIATE SCHOOL OFFICIALS FOR ACCURACY AND APPROPRIATE CHARGES. IN THE INSTANCES THE COLLEGE CHECKED ABOVE ON LINE 1A, SUCH ITEMS ARE "EXCEPTIONS" GRANTED AS PROVIDED IN THE INDIVIDUAL EMPLOYEE CONTRACTS. ALL OTHER EMPLOYEES WITHOUT THESE GRANTED PROVISIONS AS SPECIFIED IN A CONTRACT ARE SUBJECT TO THE WRITTEN POLICY ESTABLISHED BY THE COLLEGE IN 2019. A MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HYU2 2012-10-17 9644673 REFUNDING SERIES 5R 0 0 0 B MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416JCX6 2019-09-01 32463903 REFUND THE SERIES SIX-S, SEVEN-H, AND SEVEN-J AND PAY ISSUANCE COSTS 0 0 0 C DULUTH ECONOMIC DEVELOPMENT AUTHORITY 416005105 2016-05-05 10000000 CONSTRUCTION OF BUILDING FOR LEASE TO COLLEGE OF ST. SCHOLASTICA 0 0 0 D DULUTH ECONOMIC DEVELOPMENT AUTHORITY 416005105 2015-08-17 6600000 CONSTRUCTION OF BUILDING FOR LEASE 0 0 0 A 3195000 9644673 849504 8657101 138068 8657101 2012 1 0 1 1 B 1545000 32463903 32163040 300661 32163040 2019 1 0 1 1 C 1779571 10000000 582098 200000 8522342 695560 2017 0 0 1 1 D 1245365 6600000 384185 132000 5624746 459069 2017 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 0 0 0 1 0 0 0 1 D 0 0 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2016 SCH K, PART I DURING FISCAL 2020-21, THE COLLEGE ASSUMED THE ASSETS AND LIABILITIES OF THE HEALTH SCIENCES EDUCATION FACILITY CORPORATION FROM WHICH IT HAD BEEN LEASING A BUILDING FOR ITS HEALTH SCIENCES PROGRAMS. THE ASSUMPTION OF THE LIABILITIES INCLUDED THE TWO DULUTH ECONOMIC DEVELOPMENT AUTHORITY BOND ISSUES THAT ARE INCLUDED IN SCHEDULE K, WITH THEIR ORIGINAL ISSUE DATES OF 8/17/15 AND 5/5/16, RESPECTIVELY. DR BARBARA MCDONALD OFFICER-PRESIDENT HOUSE LOAN-DOWNPAYMENT X 50000 36775 0 1 1 36775 X 8981 200006 STOCK MARKET QUOTES 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF ITEMS (SHARES OF STOCK) DONATED. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS A TWOFOLD PURPOSE: 1) IT SERVES AT THE PLEASURE OF THE BOARD AS ITS AGENT IN HELPING THE PRESIDENT TO ADDRESS BUSINESS MATTERS BETWEEN REGULAR BOARD MEETINGS; AND 2) IT ASSISTS THE CHAIRPERSON AND THE PRESIDENT IN THEIR JOINT RESPONSIBILITY TO HELP THE BOARD TO FUNCTION EFFECTIVELY AND EFFICIENTLY BY SUGGESTING BOARD MEETING AGENDA ITEMS AND PERIODICALLY ASSESSING THE QUALITY OF COMMITTEE WORK. THE COMMITTEE HAS AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE BYLAWS, CHARTER, OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF $100,000; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY VALUED GREATER THAN $250,000; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON BUSINESS MATTERS WHICH CANNOT BE DEFERRED UNTIL THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE OVERSEES THE WORK OF BOARD COMMITTEES, THE COLLEGE'S PLANNING PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HIS OR HER PERFORMANCE, AND REVIEW ANNUALLY THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION AND THE PRESIDENT OF THE COLLEGE'S ALUMNI ASSOCIATION ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES AND ARE ELECTED THROUGH THEIR RESPECTIVE ASSOCIATIONS. FORM 990, PART VI, SECTION A, LINE 7B AS SPONSOR OF THE COLLEGE, THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION HOLDS CERTAIN RESERVED POWERS, WHICH ARE EXERCISED BY ITS BOARD OF DIRECTORS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY ACTION OF THE BOARD OF TRUSTEES OF THE COLLEGE WHICH MAY, INTENTIONALLY OR UNINTENTIONALLY, CHANGE THE MISSION OR MISSION STATEMENT OF THE COLLEGE, ALTER THE REAL ESTATE HOLDINGS OF THE COLLEGE OR THOSE LANDS OR BUILDINGS LEASED TO THE COLLEGE BY THE BENEDICTINE SISTERS, CHANGE THE PROVISION IN ARTICLE IV, SECTION 1 WHICH REQUIRES UP TO 25%, BUT NOT FEWER THAN FOUR OF THE VOTING TRUSTEES TO BE MEMBERS OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION, OR WHICH MODIFIES ARTICLE XII, SECTION 6 OF THE BYLAWS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION ALSO RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY MERGER, CONSOLIDATION OR LIQUIDATION INVOLVING THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE 2020 FORM 990 WAS PREPARED BY THE COLLEGE'S FINANCE DEPARTMENT STAFF WITH THE COLLEGE'S INDEPENDENT AUDIT FIRM COMPLETING THE RETURN IN ITS PROPER FORMAT. THE FORM 990 WAS THEN REVIEWED FOR ACCURACY AND COMPLIANCE WITH TAX LAW AND FORM INSTRUCTIONS. SUBSEQUENT REVIEW BY THE CONTROLLER AND THE VICE PRESIDENT FOR FINANCE PRIOR TO A DRAFT BEING PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE IRS. THE BOARD OF TRUSTEES, AS A WHOLE, DOES A FINAL APPROVAL FOLLOWING THE ACTIONS OF THE AUDIT & FINANCE COMMITTEE AT THE NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. TRUSTEES MAY NOT VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. THE MINUTES OF EACH MEETING REFLECT THAT A DISCLOSURE WAS MADE AND THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTION BY MAJORITY VOTE. EMPLOYEES SHOULD AVOID ANY SITUATION WHICH COULD BE CONSTRUED AS A CONFLICT OF INTEREST. VIOLATIONS ARE REPORTED TO THE EMPLOYEE'S SUPERVISOR, DEPARTMENT VICE PRESIDENT, OR VICE PRESIDENT OF HUMAN RESOURCES. ALLEGATIONS ARE INVESTIGATED FAIRLY AND THOROUGHLY. IF CONFIRMED BY EMPLOYEE OR INVESTIGATION DISCIPLINARY ACTIONS MAY RESULT. FORM 990, PART VI, SECTION B, LINE 15 RECRUITMENT AND RETENTION OF A WELL-QUALIFIED INDIVIDUAL INTO THE LEADERSHIP ROLE OF PRESIDENT IS VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE A COMPETITIVE WAGE STRUCTURE FOR THIS POSITION. THE PRIMARY SOURCE FOR SALARY DATA ARE OUTSIDE SURVEYS USED FOR BENCHMARKING. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. SPECIFIC WAGE DATA IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES BY THE VICE PRESIDENT FOR HUMAN RESOURCES IN THE FALL OF EACH YEAR. THIS COMMITTEE REVIEWS THE PRESIDENT'S PERFORMANCE OVER THE PREVIOUS FISCAL YEAR AND PREPARES A SALARY RECOMMENDATION FOR FULL BOARD APPROVAL AT ITS ANNUAL OCTOBER MEETING. THE PRESIDENT'S NEW WAGE GOES INTO EFFECT THE FOLLOWING JANUARY 1. THIS PROCESS WAS LAST CONDUCTED IN 2020. RECRUITMENT AND RETENTION OF WELL QUALIFIED INDIVIDUALS INTO THE LEADERSHIP ROLES OF VICE PRESIDENT/OTHER KEY EMPLOYEES ARE VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE COMPETITIVE WAGE STRUCTURES FOR THESE POSITIONS. THE PRIMARY SOURCE FOR SALARY DATA ARE EXTERNAL SURVEYS SUCH AS THE ANNUAL CUPA ADMINISTRATION COMPENSATION SALARY SURVEY. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. EACH VICE PRESIDENT TITLE IS EVALUATED SEPARATELY AND THE MEDIAN OF THE RESULTING RANGE BECOMES THE MIDPOINT OR TARGET WAGE FOR THAT JOB. IN ORDER TO MAINTAIN INTERNAL EQUITY, THIS SAME COMPARATOR GROUP IS USED TO CREATE SALARY RANGES FOR ALL VICE PRESIDENT POSITIONS. ALTHOUGH CUPA IS THE PRIMARY SOURCE FOR SALARY DATA, THE COLLEGE ALSO CHECKS THE CPI AND OTHER WAGE RELATED DATA ON AN ANNUAL BASIS TO ENSURE WAGE STRUCTURES ARE BUILT ON SOUND ECONOMIC PRINCIPLES AND REFLECT CURRENT COMPENSATION TRENDS. THIS PROCESS WAS LAST CONDUCTED IN 2020 FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, THE COLLEGE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT 116,192. HSEFC ENTITY ACQUISITION -1,582,677. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.