2025-07-15T14:00:07-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2023-09-01 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 2025-07-14 1 1 SARAH HINTZ P00492291 7196350330 2025-07-10 2023 2025-03-06 01:10:19Z THOMAS K ARENDT 16200 AMBER VALLEY DRIVE WHITTIER CA 90604 62911011 0 X WWW.SCUHS.EDU X 1947 CA EDUCATE STUDENTS AS COMPETENT, CARING AND SUCCESSFUL PRACTITIONERS OF INTEGRATIVE HEALTHCARE. 13 13 506 13 10480 0 763997 779127 48065331 53259411 432957 1350260 33987 56455 49296272 55445253 636167 764632 0 0 27746382 31350957 0 0 266550 19234989 20441740 47617538 52557329 1678734 2887924 46541314 54437501 6719576 8956842 39821738 45480659 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. 0 0 32972180 764632 50859606 FOUNDED IN 1911, THE SOUTHERN CALIFORNIA UNIVERSITY OF HEALTH SCIENCES (SCU) HAS BEEN A LEADER IN EDUCATING STUDENTS TO BE CARING AND HIGHLY TRAINED HEALTHCARE PRACTITIONERS FOR OVER 110 YEARS. SCU, A PRIVATE, NON-PROFIT INSTITUTION, PROVIDES INTERPROFESSIONAL, WHOLE HEALTH EDUCATION, BLENDING THE BEST OF CONVENTIONAL, COMPLEMENTARY, AND ALTERNATIVE TREATMENTS TO MEET THE NEEDS OF THE PATIENT. WE OFFER EIGHT DEGREE PROGRAMS WHICH INCLUDE 1) DOCTOR OF CHIROPRACTIC (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). ADDITIONALLY, SCU OFFERS CERTIFICATE PROGRAMS IN AYURVEDA, HEALTH EDUCATION, AND HUMAN GENETICS AND GENOMICS, AS WELL AS AN ACCELERATED SCIENCE PREREQUISITE COMPLETION PROGRAM (AS). IN FALL 2023, 1,276 STUDENTS WERE ENROLLED IN THE DEGREE PROGRAMS SUPPORTED BY AN OVER 250-MEMBER FACULTY. DURING THE YEAR, 435 DEGREES WERE GRANTED, INCLUDING 218 DOCTORAL DEGREES, 205 MASTER'S DEGREES, AND 12 BACHELOR'S DEGREES. STUDENTS IN OUR CLINICAL PROGRAMS CAN GAIN HANDS-ON CLINICAL EXPERIENCE IN THREE SCU-OWNED AND OPERATED CLINIC FACILITIES, NINE PARTNER HEALTH CENTERS, AND HUNDREDS OF AFFILIATED CLINIC SITES AND PRECEPTOR LOCATIONS, UNDER THE EXPERT SUPERVISION OF OUR PRACTITIONER FACULTY. THEY CAN ALSO PARTICIPATE IN CUTTING-EDGE RESEARCH, INCLUDING GRANTS FUNDED BY THE NATIONAL INSTITUTES OF HEALTH. 5772574 0 2436446 SCU HEALTH PROVIDES WHOLE HEALTH INTEGRATIVE CARE TO OUR COMMUNITY. HEALTH EQUITY, THE IDEA THAT ALL INDIVIDUALS AND COMMUNITIES SHOULD HAVE A JUST OPPORTUNITY TO BE HEALTHY, IS A CORE SCU VALUE. WE PROVIDE WHOLE HEALTH, INTEGRATIVE, PATIENT-CENTERED, VALUES-BASED, AND EVIDENCE-INFORMED CARE, FOCUSED ON TREATING THE WHOLE PERSON FOR LASTING WELLNESS. 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 A WHOLE HEALTH APPROACH IN MEETING THE NEEDS OF OUR COMMUNITY. SCU HEALTH PROVIDED CARE IN 31,537 PATIENT VISITS, INCLUDING 4,204 AT STUDENT HEALTH CENTERS, 4,091 AT LOW-INCOME/FREE CARE CLINICS, 7,626 IN OUR TACTICAL SPORTS MEDICINE SITES SERVING PRIMARILY FIRST RESPONDERS, AND 15,616 IN OUR ON-SITE CLINIC FACILITY. 44% OF OUR PATIENT VISITS WERE WITH UNDERREPRESENTED MINORITIES. THE PATIENT VISITS DESCRIBED 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, FINANCIAL CIRCUMSTANCES, AND HOMELESSNESS. AT SCU OUR STUDENTS LEARN ABOUT THE MANY FACTORS THAT CAN INFLUENCE INDIVIDUAL AND POPULATION HEALTH, SO THEY ARE BETTER EQUIPPED TO REDUCE DISPARITIES AND TO POSITIVELY IMPACT A DIVERSE RANGE OF PATIENTS. 38744754 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 1 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 4534 0 1 506 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 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 5629023355 16200 AMBER VALLEY DR WHITTIER CA 90604 JOHN SCARINGE PRESIDENT 40.00 X 505185 0 92513 TAMARA ROZHON PROVOST 40.00 X 290922 0 73249 CHUCK SWEET CHIEF OF STAFF 40.00 X 251066 0 47243 TOM ARENDT VP FINANCE & BUSINESS AFFAIRS/CFO 40.00 X 245716 0 88246 MELISSA NAGARE - VP SCU HEALTH SYS. & CHIEF CLINICAL OFF. 40.00 X 220564 0 64909 BRADLEY KUHN DIRECTOR OF IT 40.00 X 216634 0 25651 JIM BRENNER EXECUTIVE DIRECTOR OF MARKETING 40.00 X 192535 0 57197 MELANIE CATALANO PA PROGRAM DIRECTOR 40.00 X 185777 0 10313 MICHAEL RAMCHARAN ASST. VP FOR ACADEMIC AFFAIRS 40.00 X 177898 0 72088 JONATHON EGAN ASST. VP FOR ACADEM. ADMIN. 40.00 X 176065 0 72090 ERICK DE LA ROSA DIRECTOR OF ADMISSIONS 40.00 X 173362 0 27128 DAN HANDLEY DIRECTOR OF MSHGG 40.00 X 170425 0 30368 THOMAS BAKMAN CHAIR 2.00 X X 0 0 0 LAKEISHA MARSH VICE CHAIR 2.00 X X 0 0 0 WILLIAM VALUSEK SECRETARY 2.00 X X 0 0 0 JOHN PECCHIA TREASURER 2.00 X X 0 0 0 CYNTHIA BAUM DIRECTOR 2.00 X 0 0 0 LLARIA GADALLA DIRECTOR 2.00 X 0 0 0 MARTIN GALLEGOS DIRECTOR 2.00 X 0 0 0 NICK JACOBS DIRECTOR 2.00 X 0 0 0 JASON JANKOWIAK DIRECTOR 2.00 X 0 0 0 RON LAU DIRECTOR 2.00 X 0 0 0 K WAYNE PEACOCK DIRECTOR 2.00 X 0 0 0 DINA SHENK DIRECTOR 2.00 X 0 0 0 SAMANTHA SIMMONS DIRECTOR 2.00 X 0 0 0 2806149 0 660995 61 0 1 0 PASKILL STAPLETON & LORD 471 JPL WICK DR HARRISBURG PA 17111 MARKETING SERVICES 4785723 PONCE HEALTH SCIENCES UNIVERSITY 388 ZONA INDUSTRIAL REPARDA PONCE RQ 00716-2347 EDUCATIONAL CURRICULUM DELIVERY SERVICES 3531518 SYNOPTEK LLC 19520 JAMBOREE ROAD IRVINE CA 92612 IT OUTSOURCED SERVICES 3400573 IN FOCUS ADVERTISING 23371 MULHOLLAND DR WOODLAND HILLS CA 91364 MARKETING SERVICES 1432743 LEK CONSULTING 75 STATE ST 19TH FLOOR BOSTON MA 02109 CURRICULUM DESIGN 924069 45 751011 28116 779127 TUITION AND FEES 611600 50859606 50859606 HEALTH CENTERS 611710 2198992 2198992 OTHER SUPPORT SERVICES 611710 190333 190333 ADVERTISING 541800 10480 10480 53259411 1339575 1339575 9334 0 9334 9334 9334 7254956 12959 7257230 0 -2274 12959 10685 10685 255649 208528 47121 47121 55445253 53296052 10480 1359594 X 641225 641225 123407 123407 2124939 952490 1023468 148981 23542937 19356371 4186566 817531 631563 185968 2875714 2141987 728189 5538 1989836 1374872 605445 9519 270929 94385 176544 88454 88454 109200 109200 135562 135562 5873692 3844846 1962807 66039 4574092 4555192 18900 265127 85522 179605 3253761 996907 2228552 28302 898235 555649 342586 336535 200461 136074 179144 152387 26757 1353106 889667 463439 345826 230844 114982 OTHER EXPENSE 941180 610623 323603 6954 INSURANCE WRITE OFFS 501267 501267 CLASS/LAB SUPPLIES 456657 453702 2955 DUES, FEES, & SUB 241921 121733 118971 1217 617052 229654 387398 52557329 38744754 13546025 266550 3447256 3694092 9338054 11155177 37509 45157 778687 954183 17365 0 202586 213717 1464991 1389075 39831744 26559707 11209597 13272037 19317671 21571957 25000 25000 702598 2117106 46541314 54437501 4378755 4756564 1483957 1579617 856864 2620661 6719576 8956842 X 36272025 41562224 3549713 3918435 39821738 45480659 46541314 54437501 2887924 2770997 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. 2197804 474254 35000 2637058 2052476 20100 125228 2197804 2277791 -280480 -55165 2052476 2390987 308055 448717 2277791 2151323 245664 6000 2390987 0.00000 0.63244 0.36756 0 0 3548364 3548364 6183436 5119304 1064132 17991546 12936806 5054740 11403466 8503597 2899869 704932 704932 13272037 ASSET RETIREMENT OBLIGATION 431025 LEASE LIABILITY 2189636 2620661 X 57023317 2770997 2770997 54252320 135562 1057371 1192933 55445253 51364396 0 51364396 135562 1057371 1192933 52557329 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, 2024 AND 2023. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 764,632. INSURANCE WRITE OFFS 501,267. COST OF GOODS SOLD -208,528. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 764,632. INSURANCE WRITE OFFS 501,267. COGS -208,528. 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 NORTH AMERICA 0 0 SCHOLARSHIPS N/A 123407 0 0 0 0 0 0 123407 0 123407 INSTITUTIONAL SCHOLARSHIPS TO CANADIAN STUDENTS NORTH AMERICA 62 123407 STUDENT ACCOUNT 0 N/A N/A 0 0 0 0 0 0 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. 1 NEW STUDENT SCHOLARSHIPS 342 417516 0 N/A N/A RELOCATION SCHOLARSHIPS 12 2778 0 N/A N/A ENDOWED SCHOLARSHIPS 35 122956 0 N/A N/A ALUMNI SCHOLARSHIPS 11 11000 0 N/A N/A DEFERRED ACTION CHILD ARRIVAL SCHOLARSHIPS 13 27815 0 N/A N/A PRESIDENTIAL SCHOLASHIPS 2 3150 0 N/A N/A LEGACY SCHOLASHIPS 10 6142 0 N/A N/A OLYMPIC ATHLETE SCHOLARSHIPS 2 25840 0 N/A N/A YELLOW RIBBON MATCH 6 24028 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 1 0 JOHN SCARINGE PRESIDENT 440185 0 65000 0 0 0 37383 0 55130 0 597698 0 0 0 TAMARA ROZHON PROVOST 265922 0 25000 0 0 0 28073 0 45176 0 364171 0 0 0 CHUCK SWEET CHIEF OF STAFF 231066 0 20000 0 0 0 24500 0 22743 0 298309 0 0 0 TOM ARENDT VP FINANCE & BUSINESS AFFAIRS/CFO 230716 0 15000 0 0 0 24250 0 63996 0 333962 0 0 0 MELISSA NAGARE - VP SCU HEALTH SYS. & CHIEF CLINICAL OFF. 200564 0 20000 0 0 0 22043 0 42866 0 285473 0 0 0 BRADLEY KUHN DIRECTOR OF IT 213934 0 2700 0 0 0 11186 0 14465 0 242285 0 0 0 JIM BRENNER EXECUTIVE DIRECTOR OF MARKETING 186035 0 6500 0 0 0 9580 0 47617 0 249732 0 0 0 MELANIE CATALANO PA PROGRAM DIRECTOR 180777 0 5000 0 0 0 9411 0 902 0 196090 0 0 0 MICHAEL RAMCHARAN ASST. VP FOR ACADEMIC AFFAIRS 172148 0 5750 0 0 0 8936 0 63152 0 249986 0 0 0 JONATHON EGAN ASST. VP FOR ACADEM. ADMIN. 172565 0 3500 0 0 0 8921 0 63169 0 248155 0 0 0 ERICK DE LA ROSA DIRECTOR OF ADMISSIONS 135178 0 0 0 38184 0 6768 0 20360 0 200490 0 0 0 DAN HANDLEY DIRECTOR OF MSHGG 167425 0 3000 0 0 0 8462 0 21906 0 200793 0 0 0 PART I, LINE 4A ERICK DE LA ROSA RECEIVED SEVERANCE IN FY24 IN THE AMOUNT OF $38,184. THIS AMOUNT WAS INCLUDED IN TAXABLE WAGES. PART I, LINE 7 BONUSES ARE PROVIDED TO EMPLOYEES ON A DISCRETIONARY BASIS DEPENDING ON BUDGETARY AND OTHER PERFORMANCE METRICS. 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 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 BY THE 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. IN 2020, THE COMMITTEE USED AN INDEPENDENT CONSULTANT TO ADVISE ON THE PRESIDENT'S SALARY AND BENEFITS. SINCE THAT TIME, THE PRESIDENT RECEIVES AN ANNUAL MERIT INCREASE THAT IS CONSISTENT WITH THE PERCENTAGE MERIT INCREASE AWARDED TO ALL ELIGIBLE EMPLOYEES 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 MERIT INCREASES CONSISTENT WITH THE PERCENTAGE MERIT INCREASE AWARDED TO ALL ELIGIBLE EMPLOYEES. 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 FACILITY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 255,484. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 255,484. HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 369,833. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 369,833. IT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,138,243. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,138,243. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 346,476. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 346,476. CURRICULUM DEVELOPMENT: PROGRAM SERVICE EXPENSES 233,508. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233,508. PRECEPTOR FEES: PROGRAM SERVICE EXPENSES 290,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 290,800. EDUCATION CONSULTANTS: PROGRAM SERVICE EXPENSES 444,249. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 444,249. ALL OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 646,259. MANAGEMENT AND GENERAL EXPENSES -147,229. FUNDRAISING EXPENSES 66,039. TOTAL EXPENSES 565,069. PROGRAM AFFILIATION EXPENSES: PROGRAM SERVICE EXPENSES 2,230,030. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,230,030. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.